Document:

Registration Rights Agreement

 Exhibit 10.1 
 REGISTRATION RIGHTS AGREEMENT 
 Dated as of June 28, 2007 
 between 
 AMERICREDIT CORP. 
 and 
 DEUTSCHE BANK SECURITIES INC.

 LEHMAN BROTHERS INC. 

 REGISTRATION RIGHTS AGREEMENT 
 THIS REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is made and entered into as of June 28, 2007 by and among AmeriCredit Corp.,
a Texas corporation (the “Company”); ALBI Trust, a Delaware statutory trust, ALC Leasing Ltd., a Delaware statutory trust, AmeriCredit Financial Services, Inc., a Delaware corporation, ACF Investment Corp., a Delaware corporation,
Americredit Corporation of California, a California corporation, AmeriCredit Management Trust, a Delaware statutory trust, AmeriCredit Flight Operations, LLC, a Texas limited liability company, AmeriCredit Consumer Discount Company, a Pennsylvania
corporation, AmeriCredit Consumer Loan Company, Inc., a Nevada Corporation, Bay View Acceptance Corporation, a Nevada corporation, CAR Group, Inc., a Delaware corporation, AFS Management Corp., a Nevada corporation, Long Beach Acceptance Corp., a
Delaware corporation, AmeriCredit Financial Services of Canada Ltd., a Canadian corporation chartered in the Province of Ontario, AmeriCredit NS I Co., a Canadian corporation chartered in the Province of Nova Scotia and AmeriCredit NS II Co., a
Canadian corporation chartered in the Province of Nova Scotia and any other subsidiary that executes a Subsidiary Guarantee in accordance with the provisions of the Indenture, and their respective successors and assigns (collectively the
“Guarantors”); and Deutsche Bank Securities Inc. and Lehman Brothers Inc., as representatives of the initial purchasers (the “Initial Purchasers”) listed on Schedule A to the Purchase Agreement, dated June 22,
2007 by and among the Company, the Guarantors and the Initial Purchasers (the “Purchase Agreement”), each of whom have agreed to purchase the Company’s 8.50% Senior Notes due 2015 (the “Notes”) pursuant to the
Purchase Agreement. 
 This Agreement is made pursuant to the Purchase Agreement. In order to induce the Initial Purchasers to purchase the
Notes, the Company has agreed to provide the registration rights set forth in this Agreement. The execution and delivery of this Agreement is a condition to the obligations of the Initial Purchasers under the Purchase Agreement. Capitalized terms
used herein and not otherwise defined shall have the meanings assigned to them in the Indenture, dated June 28, 2007, between the Company and HSBC Bank USA, National Association, as Trustee, relating to the Notes and the Exchange Notes (the
“Indenture”). 
 The parties hereby agree as follows: 
 SECTION 1. Definitions.  

 As used in this Agreement, the following capitalized terms shall have the following meanings: 

“Act”: The Securities Act of 1933, as amended. 
 “Affiliate”: As defined in Rule 144 of the Act. 
 “Broker-Dealer”: Any
broker or dealer registered under the Exchange Act. 
 “Closing Date”: The date hereof. 
 “Commission”: The Securities and Exchange Commission. 
 “Consummate”: An Exchange Offer shall be deemed “Consummated” for purposes of this Agreement upon the occurrence of (a) the filing and effectiveness under the Act of the Exchange Offer
Registration Statement relating to the Exchange Notes to be issued in the Exchange Offer, (b) the maintenance of such Exchange Offer Registration Statement continuously effective and the keeping of the Exchange Offer open for a period not less
than the period required pursuant to Section 3(b) hereof and (c) the delivery by the Company to the Registrar under the Indenture of Exchange Notes in the same aggregate principal amount as the aggregate principal amount of Notes tendered
by Holders thereof pursuant to the Exchange Offer. 
 “Consummation Deadline”: As defined in Section 3(b) hereof.

 “Effectiveness Deadline”: As defined in Section 3(a) and 4(a)(y) hereof. 
 “Exchange Act”: The Securities Exchange Act of 1934, as amended. 
 “Exchange Notes”: The Company’s 8.50% Exchange Senior Notes due 2015 to be issued pursuant to the Indenture in the Exchange Offer.

 “Exchange Offer”: The exchange and issuance by the Company of a principal amount of Exchange Notes (which shall be
registered pursuant to the Exchange Offer Registration Statement) equal to the outstanding principal amount of Notes that are tendered by Holders in connection with such exchange and issuance. 
 “Exchange Offer Registration Statement”: The Registration Statement relating to the Exchange Offer, including the related Prospectus.

 “Exempt Resales”: The transactions in which the Initial Purchasers propose to sell the Notes to certain “qualified
institutional buyers,” as such term is defined in Rule 144A under the Act and pursuant to Regulation S under the Act. 
  

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 “Filing Deadline”: As defined in Sections 3(a) and 4(a)(x) hereof. 
 “Holders”: As defined in Section 2 hereof. 
 “Liquidated Damages”: As defined in Section 5. 
 “Prospectus”: The
prospectus included in a Registration Statement at the time such Registration Statement is declared effective or a later prospectus relating thereto filed pursuant to Rule 424(b) under the Act, as amended or supplemented by any prospectus supplement
and by all other amendments thereto, including post-effective amendments, and all material incorporated by reference into such Prospectus. 
 “Recommencement Date”: As defined in Section 6(e) hereof. 
 “Registration Default”: As
defined in Section 5 hereof. 
 “Registration Statement”: Any registration statement of the Company relating to
(a) an offering of Exchange Notes pursuant to an Exchange Offer or (b) the registration for resale of Transfer Restricted Securities pursuant to the Shelf Registration Statement, in each case (i) that is filed pursuant to the
provisions of this Agreement and (ii) including the Prospectus included therein, all amendments and supplements thereto (including post-effective amendments) and all exhibits and material incorporated by reference therein. 
 “Regulation S”: Regulation S promulgated under the Act. 
 “Rule 144”: Rule 144 promulgated under the Act. 
 “Shelf Registration
Statement”: As defined in Section 4 hereof. 
 “Suspension Notice”: As defined in Section 6(e) hereof.

 “TIA”: The Trust Indenture Act of 1939 (15 U.S.C. Section 77aaa-77bbbb) as in effect on the date of the Indenture.

 “Transfer Restricted Securities”: Each Note, until (i) the date on which such Note has been exchanged by a person
other than a Broker-Dealer for an Exchange Note in the Exchange Offer; (ii) following the exchange by a Broker-Dealer in the Exchange Offer of a Note for an Exchange Note, the date on which such Exchange Note is sold to a purchaser who receives
from such Broker-Dealer on or prior to the date of such sale a copy of the Prospectus contained in the Exchange Offer Registration Statement; (iii) the date on which such Note has been effectively registered under the Act and disposed of in
accordance with the Shelf Registration Statement; or (iv) the date on which such Note is distributed to the public pursuant to Rule 144 under the Act. 
  

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 SECTION 2. Holders.  
 A Person is deemed to be a holder of Transfer Restricted Securities (each, a “Holder”) whenever such Person owns Transfer Restricted
Securities. 
 SECTION 3. Registered Exchange Offer.  
 (a) After the procedures set forth in Section 6(a)(i) below have been complied with, the Company and the Guarantors shall (i) cause to be
filed the Exchange Offer Registration Statement with the Commission on or prior to 120 days after the Closing Date (such 120th day being the “Filing Deadline”), (ii) use their best efforts to have the Exchange Offer
Registration Statement declared effective by the Commission on or prior to 180 days after the Closing Date (such 180th day being the “Effectiveness Deadline”), (iii) in connection with the foregoing, (A) file all
pre-effective amendments to such Exchange Offer Registration Statement as may be necessary in order to cause it to be declared effective, (B) file all post-effective amendments to such Exchange Offer Registration Statement as may be necessary
to permit Consummation of the Exchange Offer and to otherwise comply with their obligations hereunder and (C) cause all necessary filings, if any, in connection with the registration and qualification of the Exchange Notes to be made under the
Blue Sky laws of such jurisdictions as are necessary to permit Consummation of the Exchange Offer, and (iv) unless the Exchange Offer would not be permitted by applicable law or Commission policy, (A) commence the Exchange Offer; and
(B) use their best efforts to issue on or prior to 30 business days, or longer, if required by the federal securities laws (such 30th or later day being the “Consummation Deadline”), after the date on which the Exchange Offer
Registration Statement was declared effective by the Commission, Exchange Notes in exchange for all Notes tendered prior thereto in the Exchange Offer. The Exchange Offer shall be on the appropriate form permitting (i) registration of the
Exchange Notes to be offered in exchange for the Notes that are Transfer Restricted Securities and (ii) resales of Exchange Notes by any Broker-Dealer that tendered into the Exchange Offer Notes that such Broker-Dealer acquired for its own
account as a result of market-making activities or other trading activities (other than Notes acquired directly from the Company or any of its Affiliates) as contemplated by Section 3(c) below. 
 (b) The Company and the Guarantors shall use their best efforts to cause the Exchange Offer Registration Statement to be effective continuously,
and shall keep the Exchange Offer open for a period of not less than the minimum period required under applicable federal and state securities laws to Consummate the Exchange Offer; provided, however, that in no event shall such period be
less than 20 business days. The Company shall cause the Exchange Offer to comply with all applicable federal and state securities laws. No securities other than the Exchange Notes shall be included in the Exchange Offer Registration Statement.

  

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 (c) The Company shall include a “Plan of Distribution” section in the Prospectus
contained in the Exchange Offer Registration Statement and indicate therein that any Broker-Dealer who holds Transfer Restricted Securities that were acquired for the account of such Broker-Dealer as a result of market-making activities or other
trading activities (other than Notes acquired directly from the Company or any Affiliate of the Company), may exchange such Transfer Restricted Securities pursuant to the Exchange Offer. Such “Plan of Distribution” section shall also
contain all other information with respect to such sales by such Broker-Dealers that the Commission may require in order to permit such sales pursuant thereto, but such “Plan of Distribution” shall not name any such Broker-Dealer or
disclose the amount of Transfer Restricted Securities held by any such Broker-Dealer, except to the extent required by the Commission as a result of a change in policy, rules or regulations after the date of this Agreement. See the
Shearman & Sterling no-action letter (available July 2, 1993). 
 Because any such Broker-Dealer may be deemed to be an
“underwriter” within the meaning of the Act and must, therefore, deliver a prospectus meeting the requirements of the Act in connection with its initial sale of any Exchange Notes received by such Broker-Dealer in the Exchange Offer, the
Company shall permit the use of the Prospectus contained in the Exchange Offer Registration Statement by such Broker-Dealer to satisfy such prospectus delivery requirement. To the extent necessary to ensure that the prospectus contained in the
Exchange Offer Registration Statement is available for sales of Exchange Notes by Broker-Dealers, the Company and the Guarantors agree to use their best efforts to keep the Exchange Offer Registration Statement continuously effective, supplemented,
amended and current as required by and subject to the provisions of Section 6(a) and Section 6(c) hereof and in conformity with the requirements of this Agreement, the Act and the policies, rules and regulations of the Commission as
announced from time to time, for a period of 180 days from the Consummation Deadline or such shorter period as will terminate when all Transfer Restricted Securities covered by such Registration Statement have been sold pursuant thereto. The Company
shall provide sufficient copies of the latest version of such Prospectus to such Broker-Dealers, promptly upon request, and in no event later than one day after such request, at any time during such period. 
 SECTION 4. Shelf Registration. 
 (a) Shelf Registration. If (i) the Company is not (A) required to file the Exchange Offer Registration Statement or (B) permitted to Consummate the Exchange Offer because the Exchange Offer is not permitted by
applicable law or Commission policy (after the Company has complied with the procedures set forth in Section 6(a)(i) below) or (ii) if any Holder of Transfer Restricted Securities notifies the Company prior to the 20th day following the
Consummation of the Exchange Offer that (A) it is prohibited by law or Commission policy from participating in the Exchange Offer or (B) that it may 

  

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not resell the Exchange Notes acquired by it in the Exchange Offer to the public without delivering a prospectus and the prospectus contained in the Exchange
Offer Registration Statement is not appropriate or available for such resales by such Holder or (C) such Holder is a Broker-Dealer and owns Notes acquired directly from the Company or one of its Affiliates, then the Company and the Guarantors
shall cause to be filed with the Commission a Shelf Registration Statement (as defined below) to cover resales of the Notes by the Holders of the Notes. If the Company and the Guarantors are obligated to file the Shelf Registration Statement, they
will use their best efforts to: 
 (i) cause to be filed the Shelf Registration Statement with the Commission, on or prior to
60 days after such filing obligation arises, (such 60th day being the “Filing Deadline”), pursuant to Rule 415 under the Act (which may be an amendment to the Exchange Offer Registration Statement) (the “Shelf Registration
Statement”), relating to all Transfer Restricted Securities the Holders of which have provided the information required by Section 4(b) below; provided, however, that in no event shall the Company be required to file such Shelf
Registration Statement prior to 120 days after the date of this Agreement, and 
 (ii) cause such Shelf Registration Statement
to be declared effective by the Commission on or prior to 180 days after the obligation arises for the Shelf Registration Statement (such 180th day the “Effectiveness Deadline”). 
 To the extent necessary to ensure that the Shelf Registration Statement is available for sales of Transfer Restricted Securities by the Holders thereof
entitled to the benefit of this Section 4(a) and the other securities required to be registered therein pursuant to Section 6(b)(ii) hereof, the Company and the Guarantors shall use their best efforts to keep any Shelf Registration
Statement required by this Section 4(a) continuously effective, supplemented, amended and current as required by and subject to the provisions of Section 6(b) and Section 6(c) hereof and in conformity with the requirements of this
Agreement, the Act and the policies, rules and regulations of the Commission as announced from time to time, for a period of at least two years (as extended pursuant to Section 6(c)(i) hereof) following the Closing Date, or such shorter period
as will terminate when all Transfer Restricted Securities covered by such Shelf Registration Statement have been sold pursuant thereto. 
 (b) Provision by Holders of Certain Information in Connection with the Shelf Registration Statement. No Holder of Transfer Restricted Securities may include any of its Transfer Restricted Securities in any Shelf Registration
Statement pursuant to this Agreement unless and until such Holder furnishes to the Company in writing, within 10 business days after receipt of a request therefor, the information specified in Item 507 or Item 508 of Regulation S-K, as

  

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applicable, of the Commission for use in connection with any Shelf Registration Statement or Prospectus or preliminary Prospectus included therein. No Holder
of Transfer Restricted Securities shall be entitled to Liquidated Damages pursuant to Section 5 hereof unless and until such Holder shall have provided all such information. Each selling Holder agrees to promptly furnish additional information
required to be disclosed in order to make the information previously furnished to the Company by such Holder not materially misleading. 
 SECTION 5. Liquidated Damages.  
 If (i) any of the Registration Statements required by this Agreement is not filed
on or before the date specified for such filing, (ii) any of such Registration Statements is not declared effective by the Commission on or prior to the date specified for such effectiveness (the “Effectiveness Target Date”),
(iii) the Exchange Offer has not been Consummated within 30 business days of the Effectiveness Target Date or (iv) any Registration Statement required by this Agreement is declared effective but thereafter ceases to be effective or usable
for its intended purpose during the period specified herein (each such event referred to in clauses (i) through (iv), a “Registration Default”), then the Company and the Guarantors jointly and severally agree to pay liquidated
damages for such Registration Default (“Liquidated Damages”) to each Holder of Transfer Restricted Securities with respect to the first 90-day period immediately following the occurrence of the first Registration Default in an
amount equal to $0.05 per week per $1,000 in principal amount of Transfer Restricted Securities held by such Holder. The amount of the Liquidated Damages shall increase by an additional $0.05 per week per $1,000 in principal amount of Transfer
Restricted Securities with respect to each subsequent 90-day period until all Registration Defaults have been cured, up to a maximum amount of Liquidated Damages of $0.50 per week per $1,000 in principal amount of Transfer Restricted Securities.
Notwithstanding anything to the contrary set forth herein, (1) upon filing of the Exchange Offer Registration Statement (and/or, if applicable, the Shelf Registration Statement), in the case of (i) above, (2) upon the effectiveness of
the Exchange Offer Registration Statement (and/or, if applicable, the Shelf Registration Statement), in the case of (ii) above, (3) upon Consummation of the Exchange Offer, in the case of (iii) above, or (4) upon the filing of a
post-effective amendment to the Registration Statement or an additional Registration Statement that causes the Exchange Offer Registration Statement (and/or, if applicable, the Shelf Registration Statement) to again be declared effective or made
usable in the case of (iv) above, the Liquidated Damages payable with respect to the Transfer Restricted Securities as a result of such clause (i), (ii), (iii) or (iv), as applicable, shall cease. 
 All accrued Liquidated Damages shall be paid to the Holders entitled thereto, in the manner provided for the payment of interest in the Indenture, on
each Interest Payment Date, as more fully set forth in the Indenture and the Notes. 
  

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 SECTION 6. Registration Procedures.  
 (a) Exchange Offer Registration Statement. In connection with the Exchange Offer, the Company and the Guarantors shall (x) comply with
all applicable provisions of Section 6(c) below, (y) use their best efforts to effect such exchange of tendered Notes and to permit the resale of Exchange Notes by any Broker-Dealer that tendered in the Exchange Offer Notes that such
Broker-Dealer acquired for its own account as a result of its market-making activities or other trading activities (other than Notes acquired directly from the Company or any of its Affiliates) being sold in accordance with the intended method or
methods of distribution thereof, and (z) comply with all of the following provisions: 
 (i) If, following the date
hereof there has been announced a change in Commission policy with respect to exchange offers such as the Exchange Offer, that in the reasonable opinion of counsel to the Company raises a substantial question as to whether the Exchange Offer is
permitted by applicable federal law, the Company hereby agrees to seek a no-action letter or other favorable decision from the Commission allowing the Company to Consummate an Exchange Offer for such Transfer Restricted Securities. The Company and
the Guarantors hereby agree to pursue the issuance of such a decision to the Commission staff level, but shall not be required to take commercially unreasonable actions to effect a change of Commission policy. In connection with the foregoing, the
Company and the Guarantors hereby agree to take all such other actions as may be requested by the Commission or otherwise required in connection with the issuance of such decision, including without limitation (A) participating in telephonic
conferences with the Commission, (B) delivering to the Commission staff an analysis prepared by counsel to the Company setting forth the legal bases, if any, upon which such counsel has concluded that such an Exchange Offer should be permitted
and (C) diligently pursuing a resolution (which need not be favorable) by the Commission staff. 
 (ii) As a condition to
its participation in the Exchange Offer, each Holder of Transfer Restricted Securities (including, without limitation, any Holder who is a Broker-Dealer) shall furnish, upon the request of the Company, prior to the Consummation of the Exchange
Offer, a written representation to the Company (which may be contained in the letter of transmittal contemplated by the Exchange Offer Registration Statement) to the effect that (A) it is not an Affiliate of the Company, (B) it is not
engaged in, and does not intend to engage in, and has no arrangement or understanding with any person to participate in, a distribution of the Exchange Notes to be issued in the Exchange Offer and (C) it is acquiring the Exchange Notes in its
ordinary course of business. In addition, all such Holders of Transfer Restricted Securities shall 

  

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otherwise cooperate with the Company in the preparation of the Exchange Offer. As a condition to its participation in the Exchange Offer each Holder using
the Exchange Offer to participate in a distribution of the Exchange Notes shall acknowledge and agree that, if the resales are of Exchange Notes obtained by such Holder in exchange for Notes acquired directly from the Company or an Affiliate
thereof, it (1) could not, under Commission policy as in effect on the date of this Agreement, rely on the position of the Commission enunciated in Exxon Capital Holdings Corporation (available May 13, 1988) and Morgan Stanley and Co.,
Inc. (available June 5, 1991), as interpreted in the Commission’s letter to Shearman & Sterling dated July 2, 1993, and similar no-action letters (including, if applicable, any no-action letter obtained pursuant to clause
(i) above), and (2) must comply with the registration and prospectus delivery requirements of the Act in connection with a secondary resale transaction and that such a secondary resale transaction must be covered by an effective
registration statement containing the selling security holder information required by Item 507 or Item 508, as applicable, of Regulation S-K. 
 (iii) Prior to effectiveness of the Exchange Offer Registration Statement, the Company and the Guarantors shall provide a supplemental letter to the Commission (A) stating that the Company and the Guarantors are
registering the Exchange Offer in reliance on the position of the Commission enunciated in Exxon Capital Holdings Corporation (available May 13, 1988), Morgan Stanley and Co., Inc. (available June 5, 1991) as interpreted in the
Commission’s letter to Shearman & Sterling dated July 2, 1993, and, if applicable, any no-action letter obtained pursuant to clause (i) above, (B) including a representation that neither the Company nor any Guarantor has
entered into any arrangement or understanding with any Person to distribute the Exchange Notes to be received in the Exchange Offer and that, to the best of the Company’s and each Guarantor’s information and belief, each Holder
participating in the Exchange Offer is acquiring the Exchange Notes in its ordinary course of business and has no arrangement or understanding with any Person to participate in the distribution of the Exchange Notes received in the Exchange Offer
and (C) any other undertaking or representation required by the Commission as set forth in any no-action letter obtained pursuant to clause (i) above, if applicable. 
 (b) Shelf Registration Statement. In connection with the Shelf Registration Statement, the Company and the Guarantors shall: 
 (i) comply with all the provisions of Section 6(c) below and use their reasonable best efforts to effect such registration to permit
the sale of the Transfer Restricted Securities being sold in accordance with the 

  

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intended method or methods of distribution thereof (as indicated in the information furnished to the Company pursuant to Section 4(b) hereof), and
pursuant thereto the Company and the Guarantors will prepare and file with the Commission a Registration Statement relating to the registration on any appropriate form under the Act, which form shall be available for the sale of the Transfer
Restricted Securities in accordance with the intended method or methods of distribution thereof within the time periods and otherwise in accordance with the provisions hereof, and 
 (ii) issue, upon the request of any Holder or purchaser of Notes covered by any Shelf Registration Statement contemplated by this
Agreement, Exchange Notes having an aggregate principal amount equal to the aggregate principal amount of Notes sold pursuant to the Shelf Registration Statement and surrendered to the Company for cancellation; the Company shall register Exchange
Notes on the Shelf Registration Statement for this purpose and issue the Exchange Notes to the purchasers of securities subject to the Shelf Registration Statement in such names as such purchasers shall designate. 
 (c) General Provisions. In connection with any Registration Statement and any related Prospectus required by this Agreement, the Company
shall: 
 (i) use its reasonable best efforts to keep such Registration Statement continuously effective and provide all
requisite financial statements (including, if required by the Act or any regulation thereunder, financial statements of the Guarantors) for the period specified in Section 3 or Section 4 of this Agreement, as applicable. Upon the
occurrence of any event that would cause any such Registration Statement or the Prospectus contained therein (A) to contain an untrue statement of material fact or omit to state any material fact necessary to make the statements therein not
misleading or (B) not to be effective and usable for resale of Transfer Restricted Securities during the period required by this Agreement, then the Company shall file promptly an appropriate amendment to such Registration Statement curing such
defect, and, if Commission review is required, use its reasonable best efforts to cause such amendment to be declared effective as soon as practicable; 
 (ii) prepare and file with the Commission such amendments and post-effective amendments to the applicable Registration Statement as may be necessary to keep such Registration Statement effective for the applicable
period set forth in Section 3 or Section 4 hereof, as the case may be, or such shorter period as will terminate when all Transfer Restricted Securities covered by such Registration Statement have been sold; cause the Prospectus to be
supplemented by any required Prospectus supplement, and as so supplemented to be filed pursuant to Rule 424 

  

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under the Act, and to comply fully with Rules 424, 430A, 430B and 462, as applicable, under the Act in a timely manner; and comply with the provisions of the
Act with respect to the disposition of all securities covered by such Registration Statement during the applicable period in accordance with the intended method or methods of distribution by the sellers thereof set forth in such Registration
Statement or supplement to the Prospectus; 
 (iii) if any fact or event contemplated by Section 6(d)(i)(D) below shall
exist or have occurred, prepare a supplement or post-effective amendment to the Registration Statement or related Prospectus or any document incorporated therein by reference or file any other required document so that, as thereafter delivered to
the purchasers of Transfer Restricted Securities, the Prospectus will not contain an untrue statement of a material fact or omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they
were made, not misleading; 
 (iv) in connection with any sale of Transfer Restricted Securities that will result in such
securities no longer being Transfer Restricted Securities, cooperate with the Holders to facilitate the timely preparation and delivery of certificates representing Transfer Restricted Securities to be sold and not bearing any restrictive legends;
and to register such Transfer Restricted Securities in such denominations and such names as the selling Holders may request at least two business days prior to such sale of Transfer Restricted Securities; 
 (v) use its best efforts to cause the disposition of the Transfer Restricted Securities covered by the Registration Statement to be
registered with or approved by such other governmental agencies or authorities as may be necessary to enable the seller or sellers thereof to consummate the disposition of such Transfer Restricted Securities, subject to the proviso contained in
Section 6(d)(ix) below; 
 (vi) provide a CUSIP number for all Transfer Restricted Securities not later than the
effective date of a Registration Statement covering such Transfer Restricted Securities and provide the Trustee under the Indenture with printed certificates for the Transfer Restricted Securities which are in a form eligible for deposit with the
Depository Trust Company; 
 (vii) otherwise use its best efforts to comply with all applicable rules and regulations of the
Commission, and make generally available to its security holders with regard to any applicable Registration Statement, as soon as practicable, a consolidated earnings statement meeting the 

  

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requirements of Rule 158 (which need not be audited) covering a twelve-month period beginning after the effective date of the Registration Statement (as such
term is defined in paragraph (c) of Rule 158 under the Act); 
 (viii) cause the Indenture to be qualified under the TIA
not later than the effective date of the first Registration Statement required by this Agreement and, in connection therewith, cooperate with the Trustee and the Holders to effect such changes to the Indenture as may be required for such Indenture
to be so qualified in accordance with the terms of the TIA; and execute and use its best efforts to cause the Trustee to execute, all documents that may be required to effect such changes and all other forms and documents required to be filed with
the Commission to enable such Indenture to be so qualified in a timely manner; and 
 (ix) provide promptly to each Holder,
upon request, each document filed with the Commission pursuant to the requirements of Section 13 or Section 15(d) of the Exchange Act. 
 (d) Additional Provisions Applicable to Shelf Registration Statements. In connection with any Shelf Registration Statement and any related Prospectus required by this Agreement, the Company shall: 
 (i) advise each selling Holder promptly and, if requested by such Holder, confirm such advice in writing, (A) when the Prospectus or
any Prospectus supplement or post-effective amendment has been filed, and, with respect to any applicable Shelf Registration Statement or any post-effective amendment thereto, when the same has become effective, (B) of any request by the
Commission for amendments to the Shelf Registration Statement or amendments or supplements to the Prospectus or for additional information relating thereto, (C) of the issuance by the Commission of any stop order suspending the effectiveness of
the Shelf Registration Statement under the Act or of the suspension by any state securities commission of the qualification of the Transfer Restricted Securities for offering or sale in any jurisdiction, or the initiation of any proceeding for any
of the preceding purposes, (D) of the existence of any fact or the happening of any event that makes any statement of a material fact made in the Shelf Registration Statement, the Prospectus, any amendment or supplement thereto or any document
incorporated by reference therein untrue, or that requires the making of any additions to or changes in the Shelf Registration Statement in order to make the statements therein not misleading, or that requires the making of any additions to or
changes in the Prospectus in order to make the statements therein, in the light of the circumstances under which they were made, not misleading. If at any time the Commission shall issue any stop order 

  

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suspending the effectiveness of the Registration Statement, or any state securities commission or other regulatory authority shall issue an order suspending
the qualification or exemption from qualification of the Transfer Restricted Securities under state securities or Blue Sky laws, the Company shall use its reasonable best efforts to obtain the withdrawal or lifting of such order at the earliest
possible time; 
 (ii) if requested in writing, furnish to each selling Holder, before filing with the Commission, copies of
any Shelf Registration Statement or any Prospectus included therein or any amendments or supplements to any such Shelf Registration Statement or Prospectus (including all documents incorporated by reference after the initial filing of such Shelf
Registration Statement), which documents will be subject to the review and comment of such Holders in connection with such sale, if any, for a period of at least three business days, and the Company will not file any such Shelf Registration
Statement or Prospectus or any amendment or supplement to any such Shelf Registration Statement or Prospectus (including all such documents incorporated by reference) to which such Holders shall reasonably object within three business days after the
receipt thereof. A selling Holder shall be deemed to have reasonably objected to such filing if such Shelf Registration Statement, amendment, Prospectus or supplement, as applicable, as proposed to be filed, contains an untrue statement of a
material fact or omits to state any material fact necessary to make the statements therein not misleading or fails to comply with the applicable requirements of the Act; 
 (iii) promptly prior to the filing of any document that is to be incorporated by reference into a Shelf Registration Statement or
Prospectus, provide copies of such document to each selling Holder in connection with such sale, if any, make the Company’s representatives available for discussion of such document and other customary due diligence matters, and include such
information in such document prior to the filing thereof as such Holders may reasonably request; 
 (iv) make available, at
reasonable times, for inspection by each selling Holder and any attorney or accountant retained by such Holders, all financial and other records, pertinent corporate documents of the Company and the Guarantors and cause the Company’s and the
Guarantors’ directors and employees to supply all information reasonably requested by any such Holder, attorney or accountant in connection with such Registration Statement or any post-effective amendment thereto subsequent to the filing
thereof and prior to its effectiveness; 
 (v) if requested by any selling Holders in connection with such sale, promptly
include in any Shelf Registration Statement or Prospectus, 

  

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pursuant to a supplement or post-effective amendment if necessary, such information as such Holders may reasonably request to have included therein,
including, without limitation, information relating to the “Plan of Distribution” of the Transfer Restricted Securities; and make all required filings of such Prospectus supplement or post-effective amendment as soon as practicable after
the Company is notified of the matters to be included in such Prospectus supplement or post-effective amendment; 
 (vi)
furnish to each selling Holder without charge, at least one copy of the Shelf Registration Statement, as first filed with the Commission, and of each amendment thereto, including all documents incorporated by reference therein and all exhibits
(including exhibits incorporated therein by reference); 
 (vii) deliver to each selling Holder without charge, as many copies
of the Prospectus (including each preliminary prospectus) and any amendment or supplement thereto as such Holder reasonably may request; the Company and the Guarantors hereby consent to the use (in accordance with law) of the Prospectus and any
amendment or supplement thereto by each selling Holder in connection with the offering and the sale of the Transfer Restricted Securities covered by the Prospectus or any amendment or supplement thereto; 
 (viii) upon the request of any selling Holder, enter into such agreements (including underwriting agreements) and make, and cause the
Guarantors to make, such representations and warranties and take all such other actions in connection therewith in order to expedite or facilitate the disposition of the Transfer Restricted Securities pursuant to any applicable Registration
Statement contemplated by this Agreement as may be reasonably requested by any such Holder in connection with any sale or resale pursuant to any Shelf Registration Statement. In such connection, the Company and the Guarantors shall: 
 (A) upon request of any selling Holder, furnish (or in the case of paragraphs (2) and (3), use its reasonable best efforts to cause
to be furnished) to each Holder, upon the effectiveness of an underwritten Shelf Registration Statement: 
 (1) a
certificate, dated such date, signed by (x) the President or any Vice President and (y) a principal financial or accounting officer, of each of the Company and the Guarantors, confirming, as of the date thereof, matters similar to those
set forth in Sections 8(a), 8(b), 8(c) and 8(j)(i) and (ii) of the Purchase Agreement (as the same may be applicable to the Shelf Registration 

  

 14 

 
Statement) and such other similar matters as such Holders may reasonably request; 
 (2) opinions, dated the date of effectiveness of the Shelf Registration Statement, of counsel for the Company covering matters similar to
those set forth in paragraphs (d)—(g) of Section 7 of the Purchase Agreement and such other matters as such Holder may reasonably request, and, with respect to the opinion similar to paragraph 7(d) of the Purchase Agreement, including a
statement to the effect that such counsel has participated in conferences with officers and other representatives of the Company and the Guarantors, representatives of the independent public accountants for the Company and the Guarantors and have
considered the matters required to be stated therein and the statements contained therein, although such counsel has not independently verified the accuracy, completeness or fairness of such statements; and that such counsel advises that, on the
basis of the foregoing (relying as to materiality to a large extent upon the opinions of officers and other representatives of the Company and the Guarantors), no facts came to such counsel’s attention that caused such counsel to believe that
the Shelf Registration Statement, at the time such Shelf Registration Statement or any post-effective amendment thereto became effective, contained an untrue statement of a material fact or omitted to state a material fact required to be stated
therein or necessary to make the statements therein not misleading, or that the Prospectus contained in such Shelf Registration Statement as of its date contained an untrue statement of a material fact or omitted to state a material fact necessary
in order to make the statements therein, in the light of the circumstances under which they were made, not misleading. Without limiting the foregoing, such counsel may state further that such counsel assumes no responsibility for, and has not
independently verified, the accuracy, completeness or fairness of the financial statements, notes and schedules and other financial data included in any Shelf Registration Statement contemplated by this Agreement or the related Prospectus; and

 (3) a customary comfort letter, dated the date of effectiveness of the Shelf Registration Statement, 

  

 15 

 
from the Company’s independent accountants, in the customary form and covering matters of the type customarily covered in comfort letters to
underwriters in connection with underwritten offerings; and 
 (B) deliver such other documents and certificates as may be
reasonably requested by the selling Holders to evidence compliance with the matters covered in clause (A) above and with any customary conditions contained in any agreement entered into by the Company pursuant to this clause (viii); 

(ix) prior to any public offering of Transfer Restricted Securities, cooperate with the selling Holders and their counsel in connection
with the registration and qualification of the Transfer Restricted Securities under the securities or Blue Sky laws of such jurisdictions as the selling Holders may reasonably request and do any and all other acts or things necessary or advisable to
enable the disposition in such jurisdictions of the Transfer Restricted Securities covered by the Shelf Registration Statement; provided, however, that neither the Company nor any Guarantor shall be required to register or qualify as a
foreign corporation where it is not now so qualified or to take any action that would subject it to the service of process in suits or to taxation, other than as to matters and transactions relating to the Shelf Registration Statement, in any
jurisdiction where it is not now so subject. 
 (e) Restrictions on Holders. Each Holder agrees by acquisition of a Transfer
Restricted Security that, upon receipt of any notice referred to in Section 6(d)(i)(C) or any notice from the Company of the existence of any fact of the kind described in Section 6(d)(i)(D) hereof (in each case, a “Suspension
Notice”), such Holder will forthwith discontinue disposition of Transfer Restricted Securities pursuant to the Shelf Registration Statement until (i) such Holder has received copies of the supplemented or amended Prospectus
contemplated by Section 6(c)(iii) hereof, or (ii) such Holder is advised in writing by the Company that the use of the Prospectus may be resumed, and has received copies of any additional or supplemental filings that are incorporated by
reference in the Prospectus (in each case, the “Recommencement Date”). Each Holder receiving a Suspension Notice hereby agrees that it will either (i) destroy any Prospectuses, other than permanent file copies, then in such
Holder’s possession which have been replaced by the Company with more recently dated Prospectuses or (ii) deliver to the Company (at the Company’s expense) all copies, other than permanent file copies, then in such Holder’s
possession of the Prospectus covering such Transfer Restricted Securities that was current at the time of receipt of the Suspension Notice. The time period regarding the effectiveness of such Shelf Registration Statement set forth in Section 4
hereof shall be extended by a 

  

 16 

 
number of days equal to the number of days in the period from and including the date of delivery of the Suspension Notice to the Recommencement Date.

 SECTION 7. Registration Expenses.  
 (a) All expenses incident to the Company’s or the Guarantors’ performance of or compliance with this Agreement will be borne by the Company or the Guarantors, regardless of whether a Registration
Statement becomes effective, including without limitation: (i) all registration and filing fees and expenses; (ii) all fees and expenses of compliance with federal securities and state Blue Sky or securities laws; (iii) all expenses
of printing (including printing certificates for the Exchange Notes to be issued in the Exchange Offer and printing of Prospectuses, messenger and delivery services and telephone); (iv) all fees and disbursements of counsel for the Company, the
Guarantors and, subject to Section 7(b) below, the Holders of Transfer Restricted Securities; (v) all application and filing fees in connection with listing the Exchange Notes on a national securities exchange or automated quotation system
pursuant to the requirements hereof; (vi) all fees and disbursements of independent certified public accountants of the Company and the Guarantors (including the expenses of any special audit and comfort letters required by or incident to such
performance); and (vii) all reasonable fees and expenses of the Trustee and any exchange agent (including all reasonable fees and expenses of their counsel). 
 The Company will, in any event, bear its and the Guarantors’ internal expenses (including, without limitation, all salaries and expenses of its officers and employees performing legal or accounting duties), the
expenses of any annual audit and the fees and expenses of any Person, including special experts, retained by the Company. 
 (b) In
connection with any Registration Statement required by this Agreement (including, without limitation, the Exchange Offer Registration Statement and the Shelf Registration Statement), the Company will reimburse the Initial Purchasers and the Holders
of Transfer Restricted Securities who are tendering Notes into in the Exchange Offer and/or selling or reselling Notes or Exchange Notes pursuant to the “Plan of Distribution” contained in the Exchange Offer Registration Statement or the
Shelf Registration Statement, as applicable, for the reasonable fees and disbursements of not more than one counsel, who shall be Davis Polk & Wardwell, unless another firm shall be chosen by the Holders of a majority in principal amount of
the Transfer Restricted Securities for whose benefit such Registration Statement is being prepared. 
 SECTION 8. Indemnification.
 
 (a) The Company and each Guarantor jointly and severally agree to indemnify and hold harmless each Holder, its directors,
officers and each Person, 

  

 17 

 
if any, who controls such Holder (within the meaning of Section 15 of the Act or Section 20 of the Exchange Act), from and against any and all
losses, claims, damages, liabilities, judgments (including without limitation, any legal or other reasonable expenses incurred in connection with investigating or defending any matter, including any action that could give rise to any such losses,
claims, damages, liabilities or judgments) caused by any untrue statement or alleged untrue statement of a material fact contained in any Registration Statement, preliminary prospectus or Prospectus (or any amendment or supplement thereto) provided
by the Company to any Holder or any prospective purchaser of Exchange Notes or registered Notes, or caused by any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein
not misleading, except insofar as such losses, claims, damages, liabilities or judgments are caused by an untrue statement or omission or alleged untrue statement or omission that is based upon information relating to any Holder furnished in writing
to the Company by such Holder expressly for use in connection therewith. The foregoing indemnity agreement shall be in addition to any liability which the Company and the Guarantors may otherwise have. 
 (b) Each Holder agrees, severally and not jointly, to indemnify and hold harmless the Company and the Guarantors and their directors and officers,
and each person, if any, who controls (within the meaning of Section 15 of the Act or Section 20 of the Exchange Act) the Company or any Guarantor to the same extent as the foregoing indemnity from the Company and the Guarantors set forth
in section (a) above, but only with respect to information relating to such Holder furnished in writing to the Company by such Holder expressly for use in any Registration Statement, preliminary prospectus or Prospectus (or any amendment or
supplement thereto). In no event shall any Holder, its directors, officers or any Person who controls such Holder be liable or responsible for any amount in excess of the amount by which the total amount received by such Holder with respect to its
sale of Transfer Restricted Securities pursuant to a Registration Statement exceeds (i) the amount paid by such Holder for such Transfer Restricted Securities and (ii) the amount of any damages that such Holder, its directors, officers or
any Person who controls such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. 
 (c) In case any action shall be commenced involving any person in respect of which indemnity may be sought pursuant to Section 8(a) or Section 8(b) (the “indemnified party”), the
indemnified party shall promptly notify the person against whom such indemnity may be sought (the “indemnifying person”) in writing and the indemnifying party shall assume the defense of such action, including the employment of
counsel reasonably satisfactory to the indemnified party and the payment of all fees and expenses of such counsel, as incurred (except that in the case of any action in respect of which indemnity may be sought 

  

 18 

 
pursuant to both Sections 8(a) and 8(b), a Holder shall not be required to assume the defense of such action pursuant to this Section 8(c), but may
employ separate counsel and participate in the defense thereof, but the fees and expenses of such counsel, except as provided below, shall be at the expense of the Holder). Any indemnified party shall have the right to employ separate counsel in any
such action and participate in the defense thereof, but the fees and expenses of such counsel shall be at the expense of the indemnified party unless (i) the employment of such counsel shall have been specifically authorized in writing by the
indemnifying party, (ii) the indemnifying party shall have failed to assume the defense of such action or employ counsel reasonably satisfactory to the indemnified party or (iii) the named parties to any such action (including any
impleaded parties) include both the indemnified party and the indemnifying party, and the indemnified party shall have been advised by such counsel and shall have provided notice to the indemnifying party of such advice of counsel that there may be
one or more legal defenses available to it which are different from or additional to those available to the indemnifying party and that the assertion of any such different or additional defense by the indemnified party would be inconsistent with the
defenses asserted by the indemnifying party (in which case the indemnifying party shall not have the right to assume the defense of such action on behalf of the indemnified party). In any such case, the indemnifying party shall not, in connection
with any one action or separate but substantially similar or related actions in the same jurisdiction arising out of the same general allegations or circumstances, be liable for the reasonable fees and expenses of more than one separate firm of
attorneys (in addition to any local counsel) for all indemnified parties and all such reasonable fees and expenses shall be reimbursed as they are incurred. Such firm shall be designated in writing by a majority of the Holders, in the case of the
parties indemnified pursuant to Section 8(a), and by the Company in the case of parties indemnified pursuant to Section 8(b). The indemnifying party shall indemnify and hold harmless the indemnified party from and against any and all
losses, claims, damages, liabilities and judgments by reason of any settlement of any action effected with its written consent which consent shall not be unreasonably withheld. No indemnifying party shall, without the prior written consent of the
indemnified party, effect any settlement or compromise of, or consent to the entry of judgment with respect to, any pending or threatened action in respect of which the indemnified party is or could have been a party and indemnity or contribution
may be or could have been sought hereunder by the indemnified party, unless such settlement, compromise or judgment (i) includes an unconditional release of the indemnified party from all liability on claims that are or could have been the
subject matter of such action and (ii) does not include a statement as to or an admission of fault, culpability or a failure to act, by or on behalf of the indemnified party. 
 (d) To the extent that the indemnification provided for in this Section 8 is unavailable to an indemnified party in respect of any losses,
claims, damages, 

  

 19 

 
liabilities or judgments referred to therein, then each indemnifying party, in lieu of indemnifying such indemnified party, shall contribute to the amount
paid or payable by such indemnified party as a result of such losses, claims, damages, liabilities or judgments (i) in such proportion as is appropriate to reflect the relative benefits received by the Company and the Guarantors, on the one
hand, and the Holders, on the other hand, from the sale of Transfer Restricted Securities or (ii) if the allocation provided by clause 8(d)(i) is not permitted by applicable law, in such proportion as is appropriate to reflect not only the
relative benefits referred to in clause 8(d)(i) above but also the relative fault of the Company and the Guarantors, on the one hand, and of the Holders, on the other hand, in connection with the statements or omissions which resulted in such
losses, claims, damages, liabilities or judgments, as well as any other relevant equitable considerations. The relative fault of the Company and the Guarantors, on the one hand, and of the Holders, on the other hand, shall be determined by reference
to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates to information supplied by the Company and the Guarantors, on the one hand, or by the
Holders, on the other hand, and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. The amount paid or payable by a party as a result of the losses, claims, damages,
liabilities and judgments referred to above shall be deemed to include, subject to the limitations set forth in the second paragraph of Section 8(a), any legal or other fees or expenses reasonably incurred by such party in connection with
investigating or defending any action or claim. 
 The Company, the Guarantors and each Holder agree that it would not be just and equitable
if contribution pursuant to this Section 8(d) were determined by pro rata allocation (even if the Holders were treated as one entity for such purpose) or by any other method of allocation which does not take account of the equitable
considerations referred to in the immediately preceding paragraph. The amount paid or payable by an indemnified party as a result of the losses, claims, damages, liabilities or judgments referred to in the immediately preceding paragraph shall be
deemed to include, subject to the limitations set forth above, any legal or other expenses reasonably incurred by such indemnified party in connection with investigating or defending any matter, including any action that could have given rise to
such losses, claims, damages, liabilities or judgments. Notwithstanding the provisions of this Section 8, no Holder, its directors, its officers or any Person, if any, who controls such Holder shall be required to contribute, in the aggregate,
any amount in excess of the amount by which the total received by such Holder with respect to the sale of Transfer Restricted Securities pursuant to a Registration Statement exceeds (i) the amount paid by such Holder for such Transfer
Restricted Securities and (ii) the amount of any damages which such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent 

  

 20 

 
misrepresentation (within the meaning of Section 11(f) of the Act) shall be entitled to contribution from any person who was not guilty of such
fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of Transfer Restricted Securities held by each Holder hereunder and not joint.

 SECTION 9. Rule 144A and Rule 144.  
 The Company and each Guarantor agrees with each Holder, for so long as any Transfer Restricted Securities remain outstanding and during any period in which the Company or such Guarantor (i) is not subject to
Section 13 or 15(d) of the Exchange Act, to make available, upon request of any Holder, to such Holder or beneficial owner of Transfer Restricted Securities in connection with any sale thereof and any prospective purchaser of such Transfer
Restricted Securities designated by such Holder or beneficial owner, the information required by Rule 144A(d)(4) under the Act in order to permit resales of such Transfer Restricted Securities pursuant to Rule 144A, and (ii) is subject to
Section 13 or 15 (d) of the Exchange Act, to make all filings required thereby in a timely manner in order to permit resales of such Transfer Restricted Securities pursuant to Rule 144. 
 SECTION 10. Miscellaneous.  
 (a) Remedies. The Company and the Guarantors acknowledge and agree that any failure by the Company and the Guarantors to comply with their obligations under Sections 3 and 4 hereof may result in material irreparable injury to
the Initial Purchasers or the Holders for which there is no adequate remedy at law, that it will not be possible to measure damages for such injuries precisely and that, in the event of any such failure, the Initial Purchasers or any Holder may
obtain such relief as may be required to specifically enforce the Company’s obligations under Sections 3 and 4 hereof. The Company and the Guarantors further agree to waive the defense in any action for specific performance that a remedy at law
would be adequate. 
 (b) No Inconsistent Agreements. The Company will not, and will cause the Guarantors not to, on or after
the date of this Agreement, enter into any agreement with respect to its securities that is inconsistent with the rights granted to the Holders in this Agreement or otherwise conflicts with the provisions hereof. Neither the Company nor any
Guarantor has previously entered into any agreement granting any registration rights with respect to its securities to any Person which remains in effect as of the date hereof. The rights granted to the Holders hereunder do not in any way conflict
with and are not inconsistent with the rights granted to the holders of the Company’s or any Guarantor’s securities under any agreement in effect on the date hereof. 
  

 21 

 (c) Amendments and Waivers. The provisions of this Agreement may not be amended, modified
or supplemented, and waivers or consents to or departures from the provisions hereof may not be given unless (i) in the case of Section 5 hereof and this Section 10(c)(i), the Company has obtained the written consent of each Holder of
an outstanding Transfer Restricted Security affected hereby and (ii) in the case of all other provisions hereof, the Company has obtained the written consent of Holders of a majority of the outstanding principal amount of Transfer Restricted
Securities (excluding Transfer Restricted Securities held by the Company or its Affiliates). Notwithstanding the foregoing, a waiver or consent to departure from the provisions hereof that relates exclusively to the rights of Holders whose Transfer
Restricted Securities are being tendered pursuant to the Exchange Offer, and that does not affect directly or indirectly the rights of other Holders whose Transfer Restricted Securities are not being tendered pursuant to such Exchange Offer, may be
given by the Holders of a majority of the outstanding principal amount of Transfer Restricted Securities subject to such Exchange Offer. 
 (d) Third Party Beneficiary. The Holders shall be third party beneficiaries to the agreements made hereunder between the Company and the Guarantors, on the one hand, and the Initial Purchasers, on the other hand, and shall
have the right to enforce such agreements directly to the extent they may deem such enforcement necessary or advisable to protect its rights or the rights of Holders hereunder. 
 (e) Notices. All notices and other communications provided for or permitted hereunder shall be made in writing by hand-delivery,
first-class mail (registered or certified, return receipt requested), telex, telecopier, or air courier guaranteeing overnight delivery: 
 (i) if to a Holder, at the address set forth on the records of the Registrar under the Indenture, with a copy to the Registrar under the Indenture; and 
 (ii) if to the Company: 
 AmeriCredit Corp. 
 801 Cherry St. 
 Suite 3900 
 Fort Worth, Texas 76102 
 Attention: J. Michael May, Esq. 
 With a copy to: 
 Hunton & Williams LLP 
 1445 Ross Avenue 
  

 22 

 Suite 3700 
 Dallas, Texas 75202 
 Telecopier No.: 214-468-3599 
 Attention: L. Steven Leshin, Esq. 
 All such notices and communications shall be deemed to have been duly given: at the time delivered by hand, if personally delivered; five business days
after being deposited in the mail, postage prepaid, if mailed; when receipt acknowledged, if telecopied; and on the next business day, if timely delivered to an air courier guaranteeing overnight delivery. 
 Copies of all such notices, demands or other communications shall be concurrently delivered by the Person giving the same to the Trustee at the address
specified in the Indenture. 
 (f) Successors and Assigns. This Agreement shall inure to the benefit of and be binding upon the
successors and assigns of each of the parties, including without limitation and without the need for an express assignment, subsequent Holders; provided that nothing herein shall be deemed to permit any assignment, transfer or other
disposition of Transfer Restricted Securities in violation of the terms hereof or of the Purchase Agreement or the Indenture. If any transferee of any Holder shall acquire Transfer Restricted Securities in any manner, whether by operation of law or
otherwise, such Transfer Restricted Securities shall be held subject to all of the terms of this Agreement, and by taking and holding such Transfer Restricted Securities such Person shall be conclusively deemed to have agreed to be bound by and to
perform all of the terms and provisions of this Agreement, including the restrictions on resale set forth in this Agreement and, if applicable, the Purchase Agreement, and such Person shall be entitled to receive the benefits hereof. 
 (g) Counterparts. This Agreement may be executed in any number of counterparts and by the parties hereto in separate counterparts, each of
which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. 
 (h) Headings. The headings in this Agreement are for convenience of reference only and shall not limit or otherwise affect the meaning hereof. 
 (i) Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO THE CONFLICT OF LAW RULES THEREOF. 
 (j) Severability. In the event that any one or more of the provisions contained herein, or the application thereof in any circumstance, is
held invalid, 

  

 23 

 
illegal or unenforceable, the validity, legality and enforceability of any such provision in every other respect and of the remaining provisions contained
herein shall not be affected or impaired thereby. 
 (k) Entire Agreement. This Agreement, together with the other Operative
Documents (as defined in the Purchase Agreement), is intended by the parties as a final expression of their agreement and intended to be a complete and exclusive statement of the agreement and understanding of the parties hereto in respect of the
subject matter contained herein. There are no restrictions, promises, warranties or undertakings, other than those set forth or referred to herein with respect to the registration rights granted by the Company with respect to the Transfer Restricted
Securities. This Agreement supersedes all prior agreements and understandings between the parties with respect to such subject matter. 
 [Signature Page Follows] 
  

 24 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

  

			
	AmeriCredit Corp.
		
	 By:
	 	  

	 Name:
	 	Chris A. Choate
	 Title:
	 	Executive Vice President, Chief Financial Officer and Treasurer

 Initial Purchasers: 
  

			
	 Deutsche Bank Securities Inc.

		
	 By:
	 	  

	Name:	 	
	Title:	 	

  

			
	 Deutsche Bank Securities Inc.

		
	 By:
	 	  

	Name:	 	
	Title:	 	

  

			
	 Lehman Brothers Inc.

		
	 By:
	 	  

	Name:	 	
	Title:	 	

  

 25 

 Guarantors: 
  

									
	ALC Leasing Ltd.	 		 	ALBI Trust
	 By:
	 	AmeriCredit Financial Services, Inc., as Attorney in Fact	 		 	By:	 	AmeriCredit Financial Services, Inc., as Attorney in Fact
					
	 By:
	 	  
	 		 	By:	 	  

	 Name:
	 	Chris A. Choate	 		 	Name:	 	Chris A. Choate
	 Title:
	 	Executive Vice President, Chief Financial Officer and Treasurer	 		 	Title:	 	Executive Vice President, Chief Financial Officer and Treasurer

  

									
	AmeriCredit Financial Services, Inc.	 		 	ACF Investment Corp.
					
	 By:
	 	  
	 		 	By:	 	  

	 Name:
	 	Chris A. Choate	 		 	Name:	 	Chris A. Choate
	 Title:
	 	Executive Vice President, Chief Financial Officer and Treasurer	 		 	Title:	 	Executive Vice President, Chief Financial Officer and Treasurer

  

									
	Americredit Corporation of California	 		 	AmeriCredit Management Trust
					
	 By:
	 	  
	 		 	By:	 	  

	 Name:
	 	Chris A. Choate	 		 	Name:	 	Chris A. Choate
	 Title:
	 	Executive Vice President, Chief Financial Officer and Treasurer	 		 	Title:	 	Executive Vice President, Chief Financial Officer and Treasurer

  

									
	AmeriCredit Flight Operations, LLC	 		 	AmeriCredit Consumer Discount Company
					
	 By:
	 	  
	 		 	By:	 	  

	 Name:
	 	Chris A. Choate	 		 	Name:	 	Chris A. Choate
	 Title:
	 	Executive Vice President, Chief Financial Officer and Treasurer	 		 	Title:	 	Executive Vice President, Chief Financial Officer and Treasurer

  

 26 

									
	AmeriCredit Consumer Loan Company, Inc.	 		 	Bay View Acceptance Corporation
					
	By:	 	  
  
  
	 		 	By:	 	  
  

	Name:	 	Chris A. Choate	 		 	Name:	 	Chris A. Choate
	Title:	 	Executive Vice President, Chief Financial Officer and Treasurer	 		 	Title:	 	Executive Vice President, Chief Financial Officer and Treasurer

  

									
	CAR Group, Inc.	 		 	AFS Management Corp.
					
	By:	 	  
  
  
	 		 	By:	 	  
  

	Name:	 	Chris A. Choate	 		 	Name:	 	Chris A. Choate
	Title:	 	Executive Vice President, Chief Financial Officer and Treasurer	 		 	Title:	 	Executive Vice President, Chief Financial Officer and Treasurer

  

									
	Long Beach Acceptance Corp.	 		 	AmeriCredit Financial Services of Canada Ltd.
					
	By:	 	  
  
  
	 		 	By:	 	  
  

	Name:	 	Chris A. Choate	 		 	Name:	 	Chris A. Choate
	Title:	 	Executive Vice President, Chief Financial Officer and Treasurer	 		 	Title:	 	Executive Vice President, Chief Financial Officer and Treasurer

  

									
	AmeriCredit NS I Co.	 		 	AmeriCredit NS II Co.
					
	By:	 	  
  
  
	 		 	By:	 	  
  

	Name:	 	Chris A. Choate	 		 	Name:	 	Chris A. Choate
	Title:	 	Executive Vice President, Chief Financial Officer and Treasurer	 		 	Title:	 	Executive Vice President, Chief Financial Officer and Treasurer

  

 27Stock Purchase Agreement

 Exhibit 10.1 
 STOCK PURCHASE AGREEMENT 
 THIS AGREEMENT is entered into as of June 29, 2007
(“Closing Date”) but effective as of the Closing Effective Date (defined below), by and among Call Command, Inc., a Delaware corporation (“Buyer”), Autobytel Inc., a Delaware corporation (“Seller”), and Retention
Performance Marketing, Inc., a Delaware corporation (the “Company”). 
 RECITALS: 
 A. Seller is the owner of 100 issued and outstanding shares of Common Stock, $0.001 par value (the “Stock”) of the Company; and 
 B. Buyer desires to purchase all of such Stock from Seller, and Seller desires to sell such Stock to Buyer in accordance with the terms and conditions
set forth below. 
 NOW, THEREFORE, in consideration of the covenants, warranties and mutual agreements herein set forth and in reliance upon
the representations and warranties contained herein, the parties do hereby agree as follows: 
 1. Purchase and Sale of the Stock.

 1.1 Price of Stock. Seller shall sell and Buyer shall purchase, all of the Stock for a total purchase price of Seven Million Dollars
($7,000,000), as adjusted for the Closing Working Capital as set forth in Section 1.3 (the “Purchase Price”). 
 1.2
Closing. The closing of the transactions contemplated by this Agreement (the “Closing”) shall occur at the offices of Keating, Muething & Klekamp, PLL 9:00 am EST on the Closing Date, provided that the effective time and
date of the Closing shall be the close of business on June 30, 2007 (the “Closing Effective Date”). 
 1.3 Working Capital
Adjustment to Purchase Price. 
 (a) The Purchase Price shall be increased or decreased, as the case may be, dollar for dollar to the
extent that Working Capital of the Company as of the Closing Effective Date (“Closing Working Capital”) is greater than or less than zero. The term “Working Capital” shall mean current assets less current liabilities as
determined in accordance with the methodology and procedures set forth on Exhibit A attached hereto and incorporated herein by reference (“Working Capital Calculation Schedule”). 
 (b) Based on the Most Recent Balance Sheet (as defined below), for purposes of payments delivered at the Closing, the parties have estimated the Closing
Working Capital to be Six Hundred Sixty Thousand Eight Hundred Forty Dollars ($660,840) (“Estimated Closing Working Capital”), resulting in an adjusted Purchase Price payable at Closing of Seven Million Six Hundred Sixty Thousand Eight
Hundred Forty Dollars ($7,660,840) (“Adjusted Purchase Price”). Buyer is hereby electing to perform a Working Capital Examination in accordance with Section 1.3(c), and therefore the amount of the definitive Closing Working Capital
will be determined in accordance with Section 1.3(c). The parties acknowledge that the methodology and inclusions and exclusions used with respect to computing the amount of 

 
Estimated Closing Working Capital is not determinative of the computation of Closing Working Capital; it being agreed that the terms of Exhibit A shall apply
in determining Closing Working Capital. 
 (c) Buyer shall conduct an examination of the Company’s books and records for the purpose of
determining the definitive Closing Working Capital (“Working Capital Examination”). The Working Capital Examination shall be completed no later than sixty (60) days after the Closing Effective Date. The determination of the Closing
Working Capital shall be made using the methodologies and procedures set forth in the Working Capital Calculations Schedule. At Buyer’s discretion and expense, the Working Capital Examination may include an audit performed by a third party
accounting firm selected by Buyer and, in such case, Seller shall provide reasonable cooperation to such auditors in connection with the Working Capital Examination. As soon as practicable after the completion of the Working Capital Examination, but
in no event later than five (5) business days after completion of the Working Capital Examination, Buyer shall provide to Seller the results of the Working Capital Examination, including Buyer’s proposed Closing Working Capital, together
with all supporting materials and data (the “Examination Notice”). If Seller does not accept Buyer’s proposed Closing Working Capital (“Examined Working Capital”), (i) Seller shall deliver written notice (the
“Seller Notice”) thereof to Buyer no later than fifteen (15) days after the date of the Examination Notice, (ii) upon reasonable written notice, Buyer and the Company shall afford Seller and its accountants, counsel, and other
representatives reasonable access during normal business hours to the Company’s books and records for the sole purposes of allowing them to review the Examined Working Capital, and (iii) Buyer and Seller shall cooperate in good faith to
resolve any disagreements among them within fifteen (15) days after the delivery of the Seller Notice to Buyer. For purposes of this Section 1.3(c), if the Seller Notice is not timely delivered within such fifteen (15) day period,
other than by reason of Buyer’s failure to provide reasonable access to the Company’s books and records, then the amount of the Examined Working Capital shall be deemed the definitive Closing Working Capital. Notwithstanding any provision
of this Agreement, if Buyer and Seller cannot resolve their differences within fifteen (15) days after the date of the Seller Notice, then the parties have selected Deloitte & Touche to resolve the matter as promptly as possible, but
in no event later than thirty (30) days after commencement of such accounting firm’s engagement, and the conclusion of such accounting firm shall be final and binding on the parties. The fees and expenses of such accounting firm shall be
shared equally between Buyer and Seller. 
 (d) If the definitive Closing Working Capital, as determined pursuant to Section 1.3(c),
(i) is lower than the Estimated Working Capital, then within three (3) business days of the determination of the definitive Closing Working Capital Buyer and Seller shall jointly instruct the Escrow Agent in writing to distribute the
difference between the Estimated Working Capital and the definitive Closing Working Capital to Buyer from the Escrow (as defined in Section 1.5 below) (together with the interest that has been earned on such difference from the Escrow Account
from the Closing Effective Date to the payment date); or (ii) is higher than the Estimated Working Capital, then such difference shall be paid by Buyer to Seller within three (3) business days of the date the definitive Closing Working
Capital is determined, such payment to be made by wire transfer of immediately available funds (together with interest on such difference based on the Escrow interest rate as if such amount had been deposited into the Escrow as of the Closing
Effective Date). The Seller Threshold described in Section 5.2(c) shall not apply to any amount that may be due by Seller to Buyer under this Section. 
  

 2 

 1.4 Manner of Payment/Delivery of Shares. Simultaneous with the execution of this Agreement,
Seller shall deliver to Buyer its certificate for the Stock, duly endorsed for transfer with signatures guaranteed or accompanied by duly executed stock transfer powers. Simultaneous with the execution of this Agreement, Buyer shall pay the Purchase
Price by wire transfer of immediately available funds as follows: 
 (a) Adjusted Purchase Price (as defined in Section 1.3(b)) less the
Escrow Amount to Seller; 
 (b) Five Hundred Thousand Dollars ($500,000.00) (the “Escrow Amount”) to LaSalle Bank National
Association (“Escrow Agent”) at the Closing to be held in escrow (the “Escrow”) and distributed in accordance with the terms and conditions of Section 1.5 below and the Escrow Agreement in the form attached hereto as Exhibit
B and incorporated herein (“Escrow Agreement”). The Escrow Agent’s fees shall be shared equally by Buyer and Seller. 
 1.5
Escrow. Pursuant to the Escrow Agreement, the Escrow Agent shall pay to the Buyer from the Escrow Amount (i) any amount to be paid to Buyer pursuant to Section 1.3 arising from the determination of the definitive Closing Working
Capital; and (ii) the amount of any indemnification obligation due and payable by Seller pursuant to this Agreement. The parties hereby covenant to direct the Escrow Agent to distribute the Escrow Amount under the Escrow Agreement as follows:

 (i) An amount equal to the amount, if any, determined to be due to Buyer upon determination of the definitive Closing Working Capital
pursuant to Section 1.3 (plus interest earned on said funds from the Escrow), shall be distributed to Buyer within three (3) business days subsequent to the date that the definitive Closing Working Capital is determined pursuant to
Section 1.3; 
 (ii) An amount equal to one-half (1/2) of the Escrow Amount less the amount, if any, determined to be due to Buyer
upon determination of the definitive Closing Working Capital pursuant to Section 1.3 (plus interest earned on said funds from the Escrow), shall be distributed to Seller within three (3) business days subsequent to the date that the
definitive Closing Working Capital is determined pursuant to Section 1.3; 
 (iii) An amount necessary to satisfy Seller’s
indemnification claims under this Agreement, if any, shall be distributed to Buyer as said claims are finally resolved and are due and payable by Seller according to the indemnification terms of this Agreement; 
 (iv) All remaining funds in the Escrow on December 24, 2007 (plus interest earned on said funds from the Escrow), less the amount of pending
indemnification claims made by Buyer against said funds on or before December 24, 2007 in accordance with the provisions of this Agreement, shall be distributed to Seller within three (3) business days subsequent to December 24, 2007;
and 
  

 3 

 (v) Any funds remaining in the Escrow resulting from any pending indemnification claims made by Buyer on
or prior to December 24, 2007 shall be distributed to the party entitled to such funds (plus interest earned on said funds from the Escrow) upon final resolution of the applicable indemnification claim within three (3) business days of the
final resolution of the claim in accordance with this Agreement. 
 2. Representations and Warranties of Seller. Except as set forth
on Exhibit C attached hereto which is incorporated herein by reference (“Disclosure Schedule”), Seller hereby represents and warrants to Buyer as follows as of the Closing Effective Date: 
 2.1 Ownership of Stock. Seller is the record and beneficial owner of the Stock. The Stock comprises 100% of the outstanding shares of all classes
of capital stock of the Company. There are no subscriptions, options, warrants or other rights of any kind outstanding which require or will in the future require the issuance of any capital stock of the Company or any securities convertible into
any shares of any class of capital stock of the Company. Subject to Seller’s receipt of the payment of the Purchase Price in accordance with this Agreement, Seller’s delivery at the Closing of the certificate representing the Stock
properly endorsed for transfer to Buyer will transfer to Buyer valid marketable title to the Stock free and clear of all liens, encumbrances, pledges, charges, assessments, voting rights or proxies, rights of first refusal, options, commitments,
agreements, suits, judgments or claims of any nature whatsoever, except for any restrictions on resale or transfer imposed by applicable federal and state securities laws. The authorized capital stock of the Company consists of solely 1,000 shares
of Company Common Stock, $.001 par value. 
 2.2 Corporate. 
 (a) The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. 
 (b) The Company does not own, directly or indirectly, nor is it committed, by subscription or otherwise, to make any capital contribution or other
equity or debt investment in, any other corporation, partnership, association, joint venture or other enterprise. 
 (c) The Company has all
requisite corporate power and authority to own, lease and operate its properties and to carry on its business as now being conducted. 
 2.3
Legal Authority and Due Execution. 
 (a) Each of the Company’s Board of Directors and sole shareholder has approved the
transactions contemplated by this Agreement and has authorized the execution and delivery of this Agreement to Buyer. Seller and the Company each has the requisite corporate power and authority to enter into this Agreement and to perform its
obligations contemplated in this Agreement. 
 (b) Neither the execution and delivery of this Agreement nor the consummation of the
transactions herein contemplated nor the compliance with the terms and provisions hereof conflict with, or result in or constitute a default under or breach or violation of or grounds for termination of, any agreement or instrument or any license,
permit or other 

  

 4 

 
governmental authorization to which Seller or the Company is a party or by which Seller or the Company is bound, or result in the violation by Seller or the
Company of any law, statute, rule, regulation, judgment, writ, injunction, decree or order to which Seller or the Company or any assets of Seller or the Company are subject, excluding from any of the foregoing, any such breach, default, violation,
conflict or termination which would not have a Material Adverse Effect. No consent, approval, waiver, registration, notice or filing with or of any third party is required to be obtained or made by Seller or Company in connection with the valid
execution, delivery and performance by the Company or the Seller of this Agreement or the consummation of the transaction contemplated by this Agreement by Seller or Company excluding where the failure to obtain or make any of the foregoing would
not have a Material Adverse Effect. 
 (c) This Agreement constitutes the valid and legally binding obligation of Seller and the Company
enforceable in accordance with its terms, except as limited by applicable bankruptcy, insolvency, fraudulent conveyance, reorganization and similar laws now or hereafter in effect, affecting creditors’ rights generally and general principles of
equity (regardless of whether enforcement is sought in a proceeding at law or in equity). 
 2.4 Financial Statements. 
 (a) The Closing Lists Schedule contains the following unaudited pro forma financial statements of the Company: 
 (i) Unaudited pro forma Balance Sheet of the Company as of December 31, 2006; and an unaudited pro forma statement of operations for
the twelve (12) month period ended December 31, 2006; and 
 (ii) Unaudited pro forma Balance Sheet of the Company
as of April 30, 2007 (the “Most Recent Balance Sheet”) and an unaudited pro forma statement of operations for the four (4) months ended April 30, 2007 (“Most Recent Statement of Operations”). 
 The foregoing unaudited pro forma financial statements are referred to collectively as the “Financial Statements”). 
 (b) Seller has not maintained separate financial statements for the Company. The Financial Statements (i) were prepared to reflect the assumed
transfer of certain assets, liabilities and obligations related to the Company’s business from the Seller to the Company as of the dates of the foregoing balance sheets and for the periods indicated; and (ii) are complete and correct and
have been prepared in accordance with the books and records of the Company or relevant books and records of the Seller (as they relate to the Company) and present fairly the pro forma financial condition of the Company and the pro forma results of
its operations for the periods indicated (subject to normal year-end adjustments and intercompany eliminations with respect to the December 31, 2006 financial statements and subject to intercompany eliminations with respect to the
April 30, 2007 financial statements); except that, the Financial Statements exclude expenses for depreciation, software amortization, corporate allocations, special employee retention and performance bonuses being retained
by Seller and stock compensation. The Financial Statements shall include accruals in accordance with 

  

 5 

 
generally accepted accounting principles; except that, the Financial Statements exclude expenses for depreciation, software
amortization, corporate allocations, special employee retention and performance bonuses being retained by Seller and stock compensation. The fact that the Financial Statements are presented as “pro forma” Financial Statements shall not
lessen any representation or warranty provided by the Seller in this Agreement, and no inference shall otherwise be made that the Financial Statements include estimates similar to a typical pro forma financial statement. The Company has no known
liabilities of any nature, whether accrued, absolute, contingent or otherwise (including without limitation, liabilities as guarantor or otherwise with respect to obligations of others, liabilities for taxes due or then accrued or to become due, or
contingent or potential liabilities relating to activities of the Company or the conduct of its business (including as operated through Seller) prior to the Closing Date regardless of whether claims in respect thereof had been asserted as of such
date), except (i) liabilities included on or adequately reserved against on the Most Recent Balance Sheet; (ii) liabilities which will be included in the computation of the Closing Working Capital; (iii) liabilities incurred in the
ordinary course of business since the date of the Most Recent Balance Sheet and consistent with Seller’s (as related to the Company) or the Company’s past practice which, individually do not exceed $5,000 or which are in excess of $10,000
in the aggregate; and (iv) liabilities that would not be required to be included in the Financial Statements or the Closing Working Capital under generally accepted accounting principles. 
 (c) The books of account of the Company and the relevant books of account of the Seller (as they relate to the Company) have been kept accurately in the
ordinary course of business, the transactions entered therein represent bona fide transactions and such books fairly reflect the Company’s income, expenses, assets and liabilities and the Seller’s income, expenses, assets and liabilities
(as they relate to the Company). 
 (d) All accounts receivable reflected on the Financial Statements and all other accounts receivable of
the Company, including those arising subsequent to the Most Recent Balance Sheet: (i) have arisen from bona fide transactions in the ordinary course of business of the Company; and (ii) represent valid and binding obligations due to the
Company, enforceable in accordance with their terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization and similar laws now or hereafter in effect affecting creditors’ rights generally and general principles of
equity (regardless of whether enforcement is sought in a proceeding at law or in equity). 
 (e) The Company has not received any receipts
from operation of its business which have not been earned under generally accepted accounting principles as of the Closing Date, except for those reported as deferred revenue and included in the computation of the Closing Working Capital.

 2.5 Real Property. 
 (a) The Company does not own or lease any real property. The Company’s principal office is located at 18952 MacArthur Blvd., Suite 200, Irvine, California. The physical office space in which the Company’s principal office is
located (“Company Office Space”) consists of a non-segregated portion of office space leased by Seller (“Seller Leased Office Space”). No separate written lease or other document for the Company Office Space exists between the
Company and Seller or between the Company and the landlord of the Seller Leased Office Space. 
  

 6 

 (b) The Company Office Space comprises all of the office space used in the business of the Company; and
the Company is not a party to any agreement or option to purchase any real property or interest therein. 
 (c) The lease pursuant to which
the Seller leases the Seller Leased Office Space has a remaining term that runs at least through the date that is six months after the Closing Effective Date. 
 (d) To Seller’s Knowledge, all utility services or systems for the Company Office Space have been installed and are operational and sufficient for the operation of the business of the Company as currently
conducted thereon. 
 (e) The Company’s use of the Company Office Space in compliance with the Transition Services and Arrangements
Agreement will not constitute a default under the lease of the Seller Leased Office Space which would result in the Company not being permitted to use the Company Office Space pursuant to the terms of the Transition Services and Arrangements
Agreement. 
 2.6 Tangible Personal Property. Section 2.6 of the Closing Lists Schedule contains a complete and accurate listing
of all fixed assets, including without limitation, office equipment, computers, software and other tangible and intangible personal property owned by the Company as of the Closing Date. To the Seller’s Knowledge, such tangible assets are in
good operating condition and repair (subject to normal wear and tear consistent with the age of the properties or assets). The Company has good title to all its tangible personal properties and assets, free and clear of any and all liens and
encumbrances of any nature whatsoever, excluding (i) the liabilities reflected in the Most Recent Balance Sheet; (ii) liens for taxes not yet due and payable which will either be included in Closing Working Capital or are otherwise the
sole responsibility of Seller in this Agreement; and (iii) mechanic’s, materialmen’s and other liens that have arisen in the ordinary course of business which are not yet due and payable but which will either be included in Closing
Working Capital or are otherwise the sole responsibility of Seller in this Agreement. The Company does not license or lease any tangible personal properties or assets. 
 2.7 Intellectual Property. The Company owns or possesses legal rights by license or otherwise to all Company Intellectual Property (as defined below) which are sufficient for the conduct of the business of the
Company as currently operated without, to Seller’s Knowledge, any conflict with, or infringement of, the rights of others. No product or service licensed, marketed or sold by the Company violates any license or infringes any rights of any other
party, excluding any of the foregoing that would not have a Material Adverse Effect. Other than (i) commercially available software products under standard end-user license agreements and (ii) licenses granted in the ordinary course of
business under customer agreements, there are no outstanding options, licenses, agreements, claims, encumbrances or shared ownership interests of any kind relating to the Company Intellectual Property, nor is the Company bound by or a party to any
options, licenses or agreements of any kind with respect to the patents, 

  

 7 

 
trademarks, service marks, trade names, copyrights, trade secrets, licenses, information, proprietary rights and processes of any third party relating to the
Company Intellectual Property. The Company has not received any communications alleging that the Company has violated or, by conducting its business, is in violation of any of the patents, trademarks, service marks, tradenames, copyrights, trade
secrets, mask works or other proprietary rights or processes of any third party. Either Seller or Company has obtained and possesses valid licenses to use all of the software programs present on the computers and other software-enabled electronic
devices that it owns or leases or that it has otherwise provided to its employees for their use in connection with the Company’s business. The Company does not use in the Company’s business as currently conducted any inventions of any of
the Company’s current employees or consultants developed prior to their employment or engagement by the Company which have not been assigned to the Company or where the failure to obtain such assignment would not have a Material Adverse Effect.
Each current employee and consultant has assigned to the Company all intellectual property rights such employee or consultant owns and has developed in the course of their work for the Company and that are related to the Company’s business as
now conducted where the failure to obtain such assignment would not have a Material Adverse Effect. Section 2.7 of the Closing Lists Schedule lists all patents, patent applications, trademarks, trademark applications, service marks, trade
names, copyrights, domain names, and mask works included in the Company Intellectual Property and all agreements relating to the acquisition or licensing of the foregoing by the Company, excluding customer agreements entered into in the ordinary
course of business of the Company as currently conducted. Except for any defaults that would not have a Material Adverse Effect, such agreements are not in default and represent valid and binding rights and obligations of the Company and are
enforceable by the Company in accordance with their respective terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization and similar laws now or hereafter in effect, affecting creditors’ rights generally and
general principles of equity (regardless of whether enforcement is sought in a proceeding at law or in equity). 
 2.8 Contracts.

 (a) Section 2.8(a) of the Closing Lists Schedule contains a listing of all agreements, understandings, instruments, or contracts to
which the Company is a party and that are material to the business of the Company as currently conducted, excluding customer or client contracts. 
 (b) Section 2.8(b) of the Closing Lists Schedule sets forth a complete and accurate list of all of contracts, arrangements, undertakings and other agreements between the Company and its material customers or clients (“Material
Customers”). For this purpose, except as required otherwise by Section 2.8(c), a Material Customer is a customer with whom the Company earned revenues during 2006 or has a contract to earn revenues subsequent to 2006 in any calendar year
of at least equal to Fifteen Thousand Dollars ($15,000). 
 (c) For purposes of Section 2.8(a), the phrase “material to the
business of the Company as currently conducted” shall mean any agreements, understandings, instruments, or contracts to which the Company is a party or by which it is bound (excluding customer contracts and contracts relating to the
Company’s Intellectual Property) that involve (i) payment obligations of the Company in excess of $5,000 in any calendar year, (ii) contracts or 

  

 8 

 
commitments whether or not made in the ordinary course of business for the future purchase of materials, supplies, equipment or services in excess of Five
Thousand Dollars ($5,000.00); (iii) contracts or commitments for the performance of services for the Company which is not terminable without cost or liability to the Company upon notice of 30 days or less and which involves more than Five
Thousand Dollars ($5,000.00); (iv) mortgages, pledges, deeds of trust, loans or credit agreements, contracts for borrowed money, guaranties, promissory notes or similar instruments; (v) the grant of rights to manufacture, produce,
assemble, license, market, or sell its products or services to any third party that limit the Company’s right to develop, manufacture, assemble, distribute, market or sell its products or services, or (vi) most favored nations clauses or
similar provisions in favor of the other party thereto. 
 (d) Each of the contracts listed in Section 2.8 of the Closing Lists
Schedule is in full force and effect except where failure to be in full force and effect would not have a Material Adverse Effect and (i) Company is not in material breach or default thereunder; and (ii) there is no event or condition
which with notice or the passage of time or both would constitute such a material breach or default by Company. The Company is current on all of its obligations under each such contract. The Company has in all material respects performed all
obligations required to be performed by it to date under each such contract. 
 2.9 INTENTIONALLY LEFT BLANK. 
 2.10 Litigation. There is no claim, action, suit, proceeding, arbitration, complaint, charge or investigation pending or, to the Seller’s
Knowledge, threatened (i) against the Company or, to the Seller’s knowledge, any director or employee of the Company in their capacity as such; or (ii) that questions the validity of the transaction contemplated by this Agreement or
any agreement contemplated by this Agreement to be entered into by the parties at the Closing (“Transaction Agreements”) or the right of the Company or the Seller to enter into the Transaction Agreements or to consummate the transactions
contemplated by the Transaction Agreements. There is no action, suit, proceeding or investigation by the Company pending or which the Company intends to initiate, including without limitation, actions, suits, proceedings or investigations pending or
threatened in writing by the Company and involving the prior employment of any of the Company’s employees and relating to their employment by the Company, their services provided to the Company, any information or techniques allegedly
proprietary to any of their former employers, or their obligations under any agreements with prior employers. 
 2.11 Changes. Since
the date of the Most Recent Balance Sheet, there has not been: 
 (a) any change in the assets, liabilities, financial condition or operating
results of the Company from that reflected in the Most Recent Balance Sheet or the Most Recent Statement of Operations, except changes in the ordinary course of business that have not caused, in the aggregate, a Material Adverse Effect; 

(b) any damage, destruction or loss of tangible personal property of the Company, whether or not covered by insurance, that would have a Material
Adverse Effect; 
  

 9 

 (c) any waiver or compromise by the Company of a material right of the Company or of a material debt
owed to it; 
 (d) any satisfaction or discharge of any lien, claim, or encumbrance or payment of any obligation by the Company, except in
the ordinary course of business and the satisfaction or discharge of which has not had a Material Adverse Effect; 
 (e) any material change
to a material contract or agreement by which the Company or any of its assets is bound or subject; 
 (f) any material change in any
compensation arrangement or related agreement to which the Company is bound (or which indirectly through Seller or otherwise would increase the obligation(s) of the Company) with any employee, officer, director or stockholder in their capacity as
such; 
 (g) any resignation or termination of employment of any Key Employee of the Company; 
 (h) incurrence by the Company of any indebtedness for borrowed money which remains outstanding or any mortgage, pledge, granting of a security interest
in or lien created by the Company with respect to any of its material properties or assets, except for Permitted Encumbrances; 
 (i) any
loans or guarantees made by the Company to or for the benefit of any third party other than advances to employees for travel and other Company-related expenses made in the ordinary course of business; 
 (j) any declaration, setting aside or payment or other dividend or distribution in respect of any of the Company’s capital stock, or any direct or
indirect redemption, purchase, or other acquisition of any of such stock by the Company, excluding any transfers of cash to the Seller in the ordinary course of business; 
 (k) any sale, assignment or transfer of any Company Intellectual Property that could reasonably be expected to result in a Material Adverse Effect;

 (l) any sale, assignment or transfer of any of the Company’s material assets or rights, other than the sale of its products and
services in the ordinary course of business; 
 (m) any loss of, or material order cancellation by, any Material Customer of the Company
nor, to the Seller’s Knowledge, has the Company received any notice of any facts that would cause or give grounds for any Material Customer to terminate or materially reduce its purchase of services or products from the Company; 
 (n) any incurrence by the Company of any liabilities outside of the ordinary course of business, excluding this Agreement and any documents contemplated
by this Agreement, including without limitation the Transition Services and Arrangements Agreement and the Contribution Agreement; 
  

 10 

 (o) incurrence by the Company of any liabilities which are individually in excess of $25,000 in the
aggregate in the ordinary course of business; 
 (p) to the Seller’s Knowledge, any other event or condition of any character, other
than events affecting the economy or the Company’s industry generally, that would reasonably be expected to result in a Material Adverse Effect on the Company or its business; or 
 (q) any arrangement or commitment by the Company to do any of the things described in this Section 2.11. 
 For the purposes of the dollar amounts set forth in this Section 2.11, all indebtedness, liabilities, agreements, understandings, instruments,
contracts and proposed transactions involving the same person or entity (including persons or entities the Company has reason to believe are affiliated with each other) shall be aggregated for the purpose of meeting the individual minimum dollar
amounts of such subsection. 
 2.12 Insurance. All policies of liability, workers’ compensation, fire, malpractice and
professional liability and other forms of insurance providing insurance coverage to or for the Company and that would provide coverage to the Company for any pre-Closing occurrences are listed in Section 2.12 of the Closing Lists Schedule and
(i) Seller has delivered to Buyer evidence of all such contracts of insurance; (ii) the Company is a named insured under such policies, (iii) all premiums required to be paid by the Company with respect to the Company thereunder which
were due on or before the Closing Effective Date have been paid or will be included in the calculation of the Closing Working Capital, (iv) all of such insurance policies have been issued on an “occurrence” basis, (v) there has
been no lapse in the insurance coverages listed in Section 2.12 of the Closing Lists Schedule at any time during the past three (3) years, (vi) there are not presently, and after the Closing Date there will not be, any retrospective
premiums due under any of such policies except for premiums not yet due as of Closing (provided, however, that to the extent that any such premiums relate to insurance coverage for periods prior to the Closing Effective Date, they shall be the
responsibility of Seller to the extent not included in the computation of the Closing Working Capital), (vii) no notice of cancellation or termination has been received with respect to any such policy; and (viii) since the date of the Most
Recent Balance Sheet, no claims have been made on any of such policies with respect to the Company. 
 2.13 Taxes. 
 (a) All Federal, state, county and local and foreign income, excise, sales, use, property, gross receipts and other tax returns and reports which are
required to have been filed by the Company or on its behalf prior to the Closing Date have been filed when due (on their required filing date or allowed extension dates), or will be filed when due (on their required filing date or allowed extension
dates), and all such returns or reports are true and correct in all material respects with respect to the Company. All taxes, interest and penalties reflected in such returns with respect to the Company have been paid. Except as included on the Most
Recent Balance Sheet or as included in the Closing Working Capital, there are no accrued and unpaid federal, state, county, local or foreign taxes of the Company for any period arising on 

  

 11 

 
or prior to the Closing Effective Date which are due or will become due subsequent to the Closing Effective Date with respect to returns that have been
filed, whether or not assessed or disputed. 
 (b) Section 2.13 of the Closing Lists Schedule contains a listing of all federal, state,
local, and foreign income tax returns filed with respect to the Company for all taxable periods commencing on or after January 1, 2004 and indicates those tax returns that currently are the subject of audit or review. Seller has delivered to
the Buyer correct and complete copies of all such tax returns, examination reports, and statements of deficiencies assessed against or agreed to by Seller or the Company. 
 (c) The Company is not, and never has been, an S corporation within the meaning of Section 1361(a) of the Internal Revenue Code of 1986, as amended
(“Internal Revenue Code”). The Company has withheld all required amounts from its employees, agents, contractors, nonresidents, creditors, stockholders and third parties and remitted such amounts to the proper taxing authorities, paid all
employer contributions and premiums, and filed all federal, state, local and foreign returns and reports with respect to employee income tax withholding which are required to have been filed by the Company or on its behalf prior to the Closing Date
have been filed when due (on their required filing date or allowed extension dates), and social security and unemployment taxes and premiums, all in material compliance with the withholding provisions of the Internal Revenue Code, or any prior
provision of the Internal Revenue Code and other applicable laws. 
 (d) There are no claims or investigations by the Internal Revenue
Service or any other taxing authority pending or, to Seller’s Knowledge, threatened, against the Company for any past due taxes, and to Seller’s Knowledge, the Company does not expect any taxing authority to assess any additional taxes for
any period for which tax returns were filed. There has been no waiver granted or requested of any applicable statute of limitations or extension of time for the assessment of any tax of the Company for which the Company could be liable under any
provision of federal, state, local or foreign law. No closing agreement (as defined in Section 7121 of the Internal Revenue Code) or a similar provision of any state, local or foreign law has been entered into by or with respect to the Company.
No power of attorney that is currently in force has been granted to any person with respect to any matter related to taxes that could affect the Company. 
 (e) The Company does not have any item of income, gain, loss or deduction reportable in a taxable period ending after the Closing Effective Date but attributable to a transaction that occurred in a taxable period or
portion thereof ending on or before the Closing Effective Date. The Company is not a party to and is not bound by, and the Company does not have any obligation under any tax sharing, tax indemnity or similar agreement. The Company is not a party to
any agreement or arrangement which payment thereunder would result, separately or in the aggregate, due to the consummation of the transaction contemplated by this Agreement, in the payment of any “excess parachute payments” within the
meaning of Section 280(G) of the Internal Revenue Code or an excise tax to the recipient of such payment pursuant to Section 4999 of the Internal Revenue Code. All applicable sales, use and transfer taxes (including, but not limited to any
taxes imposed on stock transfers and taxes imposed upon the transfer of real and personal property) and filing, recording, registration, documentary and 

  

 12 

 
other similar taxes payable in connection with this Agreement, the transactions contemplated by this Agreement and the documents giving effect to such
transactions will be the responsibility of, and will be paid by, the Seller. 
 2.14 Authorization, Adequate Rights and Compliance with
Laws. The operation of the business of Company as currently conducted does not violate any law or order applicable to the Company or any of its assets and properties in any manner that would have a Material Adverse Effect. There is no claim of a
violation of any such laws or orders by the Company pending, and to Seller’s Knowledge, there is no claim of any such violation threatened. Such laws include without limitation, federal and state laws governing the marketing of services or
products or other technologies by outbound or inbound telephone or e-mail or direct mail, the Telephone Consumer Protection Act, the Telemarketing and Consumer Fraud and Abuse Prevention Act, the Controlling the Assault of Non-Solicited Pornography
and Marketing Act, and other laws or regulations governing marketing, promotion and/or sales of goods or services. To Seller’s Knowledge, since the date of the Merger of IDriveonline, Inc. with and into the Company, there have been no actions
or proceedings against the Company by any governmental authority or third party for violation or alleged violation of any such laws or regulations. The Company has all Permits required by any law or any governmental or regulatory authority for the
conduct of the Company’s business as presently conducted, except for those the absence of which would not, individually or in the aggregate, have a Material Adverse Effect. Section 2.14 of the Closing Lists Schedule includes a complete and
accurate listing of all such Permits of the Company or such Permits of the Seller (as they relate to the business of the Company). Section 2.14 of the Closing Lists Schedule contains copies of all Permits listed in Section 2.14 of the
Closing Lists Schedule. Each of the Permits listed in Section 2.14 of the Closing Lists Schedule is in full force and effect and the Company is in compliance in all material respects with the terms and requirements thereof, and no such Permit
is subject to any conditions or limitations other than those applicable to Permits of that kind generally. There is not pending or, to the Seller’s Knowledge, threatened, any action, investigation, complaint or other proceeding by or before any
governmental or regulatory authority to revoke, cancel, suspend, modify or refuse to renew, or otherwise relating to, any of the Permits listed in Section 2.14 of the Closing Lists Schedule. The Company has timely filed with the proper
governmental authorities all statements and reports required by all laws or orders to which the Company and its assets, properties and business are subject, except where noncompliance would not have a Material Adverse Effect. 
 2.15 Employees and Consultants. 
 (a)
Section 2.15 of the Closing Lists Schedule sets forth, as of the Closing Date, the number of full-time and part-time employees employed by the Company, and the number of consultants and independent contractors engaged by the Company as of the
Closing Date. Each of the Key Employees are employees of the Company and are not employed by Seller. Section 2.15(a) of the Closing Lists Schedule contains a reasonably detailed description of the name and amount of compensation, including
salary, bonus (including without limitation any retention bonus), severance obligations and deferred compensation of each employee, consultant and agent engaged by the Company as of the Closing Date, excluding any retention or other special bonuses
being retained and paid by Seller. Seller has made available to Buyer a copy of the contract, if any, with such persons or entities. Seller has provided Buyer a detailed description, by each employee and contractor of the Company of the computation
of 

  

 13 

 
bonuses that will be paid by the Company to said employees on or after the Closing Date based upon service accruing on or prior to the Closing Date. No such
bonuses to be paid by the Company have been promised to employees or contractors of the Company unless included in the computation of the Closing Working Capital. 
 (b) To the Seller’s Knowledge, none of the employees of the Company is obligated under any contract or other agreement with any third party, or subject to any judgment, decree or order of any court or
administrative agency, that would prevent or limit such employee from performing such employee’s current or historical employment duties under the employee’s employment with the Company. 
 (c) The Company is not delinquent in payments to any of its employees, consultants, or independent contractors for any wages, salaries, commissions,
bonuses, or other direct compensation for any service performed for the Company prior to the Closing Date or amounts required to be reimbursed to such employees, consultants, or independent contractors. 
 (d) To the Seller’s Knowledge, no Key Employee of the Company intends to terminate employment with the Company, nor does the Company have a present
intention to terminate the employment of any Key Employee. No employee of the Company is party to an employment or other agreement with the Company that provides that the employment of such employee by the Company is other than terminable at the
will of the Company. Except as required by applicable statute or regulation, the Company is not obligated under any agreement, plan, policy or other arrangement to pay any severance to employees of the Company upon termination of their employment by
the Company. Except as required by law, upon termination of the employment of any such employees, no severance or other payments will become due from the Company. The Company has no policy, practice, plan, or program of paying severance pay or any
form of severance compensation in connection with the termination of employment services. 
 (e) Each former employee of the Company whose
employment was terminated by the Company in connection with a reduction in force within the one-year period preceding the Closing Date has entered into an agreement with the Company providing for the full release of any claims against the Company to
the extent claims can be released by applicable law, rule, or regulation. 
 (f) The Company is not bound by or subject to (and none of its
assets or properties is bound by or subject to) any contract, commitment or arrangement with any labor union relating to the Company’s employees. There is no strike or other labor dispute involving the Company pending, or to the Seller’s
Knowledge, threatened, which could have a Material Adverse Effect, nor, to the Seller’s Knowledge, is there any labor organization activity involving the Company’s employees. 
 2.16 Employee Benefit Plans. 
 (a)
Section 2.16 of the Closing Lists Schedule lists each employee benefit plan maintained, established or sponsored by the Company, in which the Company’s 

  

 14 

 
employees participate or to which the Company contributes, which is subject to the Employee Retirement Income Security Act of 1974, as amended
(“ERISA”). Neither the Company nor Seller maintains or funds any defined benefit plans for or on behalf of the employees of the Company. All required contributions with respect to the Company employees have been made when due or
during their applicable grace periods, and any liabilities for contributions not yet due for periods prior to the Closing Effective Date that will be the responsibility of the Company after the Closing Effective Date will be reflected in the Closing
Working Capital, and other than as so reflected, the Company has no liability to any Company employee benefit plan, other than liability for health plan continuation coverage described in Part 6 of Title I(B) of ERISA, and has complied with all
applicable laws for any such employee benefit plan that are applicable to the Company where noncompliance would have a Material Adverse Effect. 
 (b) There are no accumulated funding deficiencies within the meaning of Section 412 of the Internal Revenue Code with respect to any Company employee benefit plan and to the Seller’s Knowledge, there are no circumstances that
exist that would permit the Pension Benefit Guaranty Corporation to terminate any such Company employee benefit plan under Section 4042 of ERISA. The Company’s qualified employee benefit plans are the subject of a favorable determination
letter confirming their qualified status, and the tax exempt status of their related trusts, and no changes have been made to the plans that would adversely affect their qualified status, other than changes for which the remedial amendment period
has not lapsed. All payments made by the Company under its qualified employee benefits plan and qualified deferred compensation plans have been deductible under Section 404 of the Internal Revenue Code. Such plans have been administered and
enforced substantially in accordance with their terms and substantially all contributions due from employees thereunder have been placed in the trust applicable to such plans on or before the deadline therefor. Other than routine benefit claims or
appeals that would be obligations of the Company and are described on the Disclosure Schedule, no disputes are pending, or, to Seller’s Knowledge, threatened with respect to such employee benefit plans. 
 (c) The Company does not make, nor is it required to make, payments to any multi-employer plan within the meaning of Section 3(37) or 4001(a)(3) of
ERISA. There has been no withdrawal from any multi-employer plan by the Company within the meaning of Section 4203 of ERISA, and no withdrawal liability payments by the Company are currently in dispute with respect to any multi-employer plan.

 (d) Each group health plan sponsored by or maintained by the Company has been administered in accordance with the requirements of Part 6
of Title I of ERISA and Section 162(k) of the Internal Revenue Code where noncompliance would have a Material Adverse Effect. 
 2.17
Confidential Information and Invention Assignment Agreements. Each current employee and consultant of the Company and each former employee of the Company who left the employment of the Company within the one-year period preceding the Closing
Date, has executed an agreement with the Company regarding confidentiality and proprietary information of the Company (the “Confidential Information Agreements”). Section 2.17 of the Closing Lists Schedule contains a list of each such
Confidential Information Agreement. No current employee or former employee who left the employment of the Company within the one-year 

  

 15 

 
period preceding the Closing Date has identified to the Company by name, description, type or category, any inventions which are excluded from his or her
assignment of inventions pursuant to such employee’s Confidential Information Agreement. Copies of each Confidential Information Agreement have been made available to Buyer for review. To Seller’s Knowledge, none of the Company’s
current employees is in violation thereof. 
 2.18 Guaranties. The Company is not directly or indirectly liable upon or with respect
to (by discount, repurchase agreement or otherwise), or obligated in any other way to provide funds in respect of or to guarantee or assume, any debt, obligation or dividend of any other corporation or of any person, association, partnership, joint
venture or other entity, except endorsements made in the ordinary course of business in connection with the deposit of items for collection. 
 2.19 Borrowings. There are no mortgages, indentures, notes and other obligations for or relating to borrowed money to which the Company is a party, or which have been assumed by the Company, or to which any of its properties or
assets are subject. 
 2.20 Products and Services. Except for any of the following which would not have a Material Adverse Effect, all
of the products and services provided, sold, licensed and/or delivered or rendered by the Company have conformed with all applicable contractual commitments and all express warranties made by the Company, and the Company has no known liability
(whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due) for refund, replacement or repair thereof. There are no product or service warranty
claims pending by customers of the Company or, to Seller’s Knowledge, by customers of the resellers of the Company, or to Seller’s Knowledge, threatened by customers of the Company or customers of the resellers of the Company. 

2.21 Related Party Transactions. Excluding any arrangements by which Seller provides the Company various shared administrative, management,
accounting, finance, legal, human resources, tax, information technology and operations, office services and supplies and other similar services and which terminate as of the Closing except as provided in the Transition Services and Arrangements
Agreement, neither the Seller nor any officer or director of the Company or of Seller, is presently a party, or controls any party, to any arrangement or transaction with the Company, including, without limitation, any contract, agreement or other
arrangement (i) under which properties or services of the Company are used by or made available to such person or entity or (ii) providing for the employment of, furnishing of services by, or rental of real or personal property from or
otherwise requiring payments to such person or entity. 
 2.22. Environmental and Safety Laws Except as would not reasonably be
expected to have a Material Adverse Effect, the Company is and, to Seller’s Knowledge has been, in compliance with all Environmental Laws. Seller or the Company has made available to the Buyer true and complete copies of all material
environmental records, reports, notifications, certificates of need, permits, pending permit applications, correspondence, engineering studies, and environmental studies or assessments in the possession of Seller or Company. 
  

 16 

 2.23 Corporate Documents. True copies or the originals of the Certificate of Incorporation and
By-Laws of the Company, including any amendments thereto, and the stock certificates, if any, stock transfer ledger, and minute book of the Company have been delivered to Buyer prior to or at the Closing. The minute book of the Company contains true
and complete copies of all existing minutes of meetings of directors and stockholders and all actions by written consent without a meeting by the directors and stockholders, since the date of incorporation, and accurately reflects in all material
respects all actions by the directors and stockholders (and any committee of directors or stockholders) with respect to the transactions referred to in such minutes. 
 2.24 Brokers. Seller has engaged B. Riley & Company in connection with the transactions contemplated herein, and Seller shall be solely responsible for all commissions and other compensation due
to B. Riley & Company. Other than described in the preceding sentence, no broker, finder or similar agent has been employed by or on behalf of the Company or Seller, and no other person with which the Company or Seller have had any dealings
or communications of any kind, is entitled to any brokerage commission, finder’s fee, or any similar compensation from Seller or Company as a result of the transactions contemplated herein. 
 2.25 Contribution Agreement. The Contributed Assets and the Contributed Agreements under the Contribution Agreement represents certain assets
(including tangible and intangible property and rights) relating to the business of the Company owned, licensed, in the name of or in the possession of Seller immediately prior to the date of the Contribution Agreement. 
 2.26 Accuracy of Representations. No representation or warranty made by Seller in this Agreement, including the Disclosure Schedule, when all such
representations and warranties are taken as a whole, contains any untrue statement of material fact or omits to state any material fact necessary to make the statements made therein, in light of the circumstances under which they were made, not
false or misleading in any material respect. 
 3. Representations and Warranties of Buyer. Buyer represents and warrants to Seller
that: 
 3.1 Organization. Buyer is a corporation organized, validly existing and in good standing under the laws of the State of
Delaware. 
 3.2 Legal Authority. 
 (a) Buyer has the requisite corporate power and authority to enter into this Agreement and to perform its obligations contemplated in this Agreement. Neither the execution and delivery of this Agreement by Buyer nor
the consummation of the transactions herein contemplated nor fulfillment of or compliance with the terms and provisions hereof constitutes a default under, or constitutes breach or violation of or grounds for termination of or an event which with
the lapse of time could constitute a default under, a breach or violation of or grounds for termination of or conflicts with, the Certificate of Incorporation or ByLaws of Buyer or any provision of any indenture, mortgage, lien, loan agreement,
collective bargaining agreement, contract, instrument, law, order, judgment, decree, award, ordinance, regulation, rule or other legal restriction to which Buyer is a party or by which any of its property is bound. 
  

 17 

 (b) The execution of, and performance under this Agreement have been duly authorized by all necessary
corporate action on the part of Buyer and its Board of Directors, and by stockholders to the extent required by applicable law, and this Agreement when executed and delivered will constitute the valid and legally binding obligation of Buyer,
enforceable in accordance with its terms except as limited by bankruptcy, reorganization or similar laws affecting creditors’ rights generally or by equitable principles (whether considered in an action at law or in equity). 
 (c) No consent, approval, waiver, registration, notice or filing with or of any third party is required to be obtained or made in connection with the
valid execution, delivery and performance by Buyer of this Agreement or the consummation of the transaction contemplated by this Agreement. 
 3.3 Brokers. No broker, finder or similar agent has been employed by or on behalf of the Buyer, and no other person with which the buyer has had any dealings or communications of any kind, is entitled to any brokerage
commission, finder’s fee, or any similar compensation as a result of the transactions contemplated herein. 
 3.4 Investment
Representations. Buyer understands that the Stock will not be registered for sale under the Securities Act of 1933, as amended (“Securities Act”), in reliance upon exemptions from the registration requirements of the Securities Act.
The Stock is being purchased for Buyer’s own account for investment and not with a view to the public resale or distribution within the meaning of the Securities Act. Buyer is not purchasing the Stock for the interest of any other person and
will not offer the Stock for resale, or otherwise transfer or further distribute the Stock, except in compliance with applicable federal and state securities laws, rules and regulations. Buyer is an accredited investor within the meaning of
Regulation D under the Securities Act. 
 4. Additional Closing Deliveries By Parties. Simultaneous with the execution of this
Agreement, the following shall occur: 
 4.1 Closing Deliveries by Seller and/or the Company. Concurrently with the execution and
delivery of this Agreement by the parties, Seller shall deliver the following to Buyer: 
 (a) Resignations. Written resignations of
all directors and officers of the Company. 
 (b) Assignments. Unless waived by Buyer, assignments to the Company of all third party
contracts relating to the Company which are in the name of the Seller and which have not been previously assigned to the Company, and any consents required for said assignments, along with a relinquishment by Seller of any rights in said contracts.
The parties acknowledge that Seller has retained certain rights under certain assigned contracts as expressly set forth in the Contribution Agreement. 
  

 18 

 (c) Consents. Unless waived by Buyer, all consents required on the part of Seller or the Company
to consummate the transaction, and all other consents required to be obtained pursuant to the terms of any Company contract as a result of the sale of the Stock where the failure to obtain said other consents would individually or in the aggregate
have a Material Adverse Effect on the Company. 
 (e) Certified Resolutions. A certified copy of the corporate resolutions and other
corporate proceedings taken by the sole stockholder and the Board of Directors of the Company authorizing the execution, delivery and performance of this Stock Purchase Agreement and all other documents and agreements and certificates contemplated
hereby, the consummation of the Closing and all actions necessary or desirable hereunder or thereunder. 
 (f) Secretary’s
Certificate. Copies of the Certificate of Incorporation of the Company and of the Bylaws of the Company, each certified by an authorized officer of the Company. 
 (g) Good Standing. Certificate of Good Standing issued by the Secretary of State of the State of Delaware for each of the Company and Seller, dated within thirty (30) days of the Closing Date. 

(h) Stock Certificate. Certificate representing the Stock. 
 (i) Closing Lists Schedule. The Closing Lists Schedule. 
 (j) Contribution Agreement. A copy
of the Contribution Agreement. 
 4.2 Closing Deliveries by Buyer. Concurrently with the execution and delivery of this Agreement by
the parties, Buyer shall deliver the following to Seller: 
 (a) Purchase Price. The payments set forth in Section 1.4 to be made
to Seller. 
 (b) Certified Resolutions. Copies certified by an officer of the Buyer of the resolutions of the Buyer’s Board of
Directors approving this Agreement and authorizing the transactions contemplated hereby. 
 (c) Secretary’s Certificate. Copies
of the Certificate of Incorporation and Bylaws of the Buyer, each certified by an authorized officer of the Buyer. 
 (d) Good
Standing. Certificate of Good Standing issued by the Secretary of State of the State of Delaware for the Buyer, dated within thirty (30) days of the Closing Date. 
 4.3 Additional Closing Deliveries by Parties. Concurrently with the execution and delivery of this Agreement by the parties, each of the parties
shall execute and delivered to the other party the following: 
 (a) Escrow Agreement. The Escrow Agreement. 
  

 19 

 (b) Transition Services and Arrangements Agreement. A Transition Services and Arrangements
Agreement in the form of Exhibit D attached hereto and incorporated herein by reference. 
 (c) Restrictive Covenant Agreement. The
Noncompetition, Nonsolicitation and Nondisclosure Agreement in the form attached hereto as Exhibit E and incorporated herein. 
 5.
Survival and Effect of Certain Warranties, Representations and Covenants. 
 5.1 Survival. All representations and warranties
and related rights to indemnification made by any party hereto in this Agreement or pursuant hereto shall survive the Closing hereunder for a period of two (2) years after the Closing Effective Date, except that the representations and
warranties set forth in Section 2.13 with respect to any tax claim or tax matter on or prior to the Closing Effective Date shall survive for the limitation period applicable to such claims or matters as actually extended or shortened and the
representation and warranty set forth in Section 2.1 with respect to the transfer of the Stock to Buyer from Seller shall survive indefinitely. Notwithstanding the preceding, with respect to claims resulting from an Unknown Liability, notice of
such claims must be provided on or before one (1) year from the closing Effective Date. 
 5.2 Agreement to Indemnify.

 (a)(i) Subject to the terms and conditions of this Section 5.2, Seller hereby agrees to indemnify, defend and hold Buyer and the
Company and their respective officers, directors, shareholders, heirs, successor and assigns (collectively “Buyer Indemnitees”) harmless from and against all demands, claims, actions or causes of action, assessments, losses, damages,
liabilities, costs and expenses, including, without limitation, interest, penalties and reasonable attorneys’ fees and expenses, (collectively, “Claims or Losses”) asserted against, resulting to, imposed upon or incurred by Buyer or
the Company by reason of or resulting from a breach of any representation, warranty or covenant of Seller contained in or made pursuant to this Agreement. Seller further agrees to indemnify the Buyer for taxes, interest and penalties (whether or not
accrued) incurred by or assessed against the Company, or for which the Company may be subject, for operations of the Company or the Seller or any affiliate of Seller or any member of the Seller’s consolidated group on or prior to the Closing
Effective Date which is not included in the computation of Closing Working Capital. The preceding sentence includes, without limitation any taxes, interest or penalties resulting from (i) any liability of Seller otherwise imposed as a result of
consolidated return regulations and (ii) the deemed asset sale or the deemed liquidation of the Company which occurs as a result of the Section 338(h)(10) election contemplated by this Agreement. Seller further agrees to indemnify the
Buyer Indemnitees against any and all Claims or Losses assessed against Buyer or the Company or to which Buyer or the Company may be subject for Unknown Liabilities. Claims or Losses resulting from Unknown Liabilities shall be referred to as
“Unknown Claims and Losses.” 
 (ii) Subject to the terms and conditions of this Section 5.2, Buyer and Company, jointly and
severally, hereby agree to indemnify, defend and hold Seller and its officers, directors, heirs, successor and assigns (collectively “Seller Indemnitees”) 

  

 20 

 
harmless from and against all Claims or Losses asserted against, resulting to, imposed upon or incurred by Seller by reason of or resulting from any
(i) breach of any representation, warranty or covenant of Buyer contained in or made pursuant to this Agreement; or (ii) the ownership or operation of the Company or employment of the Company’s employees after the Closing. 

(b) The obligations and liabilities of the Seller, Buyer and the Company hereunder with respect to Claims or Losses or Unknown Claims or Losses shall
be subject to the following terms and conditions: 
 (i) The party seeking indemnification (the “Indemnitee”) will give the other
party hereto (the “Indemnitor”) written notice of any such Claim or Loss or Unknown Claim or Loss promptly after the Indemnitee receives notice thereof, and the Indemnitor will undertake the defense thereof by legal counsel reasonably
satisfactory to the Indemnitee. 
 (ii) In the event that the Indemnitor, within a reasonable time after notice of any such Claim or Loss or
Unknown Claim or Loss, fails to undertake the defense of a Claim or Loss or Unknown Claim or Loss, the Indemnitee will (upon further notice to the Indemnitor) have the right to undertake the defense, compromise or settlement of such Claim or Loss or
Unknown Claim or Loss on behalf of and for the account and risk of the Indemnitor. 
 (iii) Notwithstanding anything in this
Section 5.2 to the contrary, (1) if there is a reasonable probability that a Claim or Loss or Unknown Claim or Loss may materially and adversely affect the Indemnitee other than as a result of money damages or other money payments, the
Indemnitee shall have the right, at its own cost and expense, to participate in the defense of such Claim or Loss or Unknown Claim or Loss, and (2) the Indemnitor shall not, without the Indemnitee’s written consent, which shall not be
unreasonably withheld, settle or compromise any Claim or Loss or Unknown Claim or Loss or consent to entry of any judgment which does not include as an unconditional term thereof given by the claimant or the plaintiff to the Indemnitee a release
from all liability in respect of such Claim or Loss or Unknown Claim or Loss. 
 (c) The indemnifications obligations of Seller under this
Section 5.2 are subject to the following limitations: 
 (i) Seller will not have any liability unless and until the aggregate amount of
Claims or Losses and Unknown Claims or Losses for which Buyer Indemnitees would otherwise be entitled to indemnification hereunder exceeds Fifty Thousand Dollars ($50,000) (“Seller Threshold”), after which point Seller will be liable for
all Claims and Losses and Unknown Claims or Losses in excess of the Seller Threshold; provided, however, that the Seller Threshold shall not apply to indemnification for taxes, interest or penalties payable by Seller under
Section 5.2. 
 (ii) In no event will the Seller’s aggregate liability for Claims or Losses and Unknown Claims or Losses exceed
the Purchase Price (“Seller Cap”). 
 (d) Notwithstanding any other provision of this Agreement to the contrary: 
 (1) Neither the Seller Threshhold nor the Seller Cap shall apply to any indemnification claim resulting from an intentional and fraudulent breach by a
party hereto of any of their respective representations, warranties or covenants under this Agreement. 
  

 21 

 (2) No party shall have any liability for any Claims or Losses unless notice thereof is given to the
Indemnitor prior to the expiration of the applicable survival date as set forth in Section 5.1 or for any Unknown Claims or Losses unless notice thereof is given to the Indemnitor prior to the expiration of the date that is one (1) year
from the Closing Effective Date. Seller’s indemnification obligation for Unknown Claims or Losses shall terminate on the first anniversary of the Closing Effective Date. 
 (3) Other than claims for intentional fraud or equitable relief, any Claim or Loss or Unknown Claim or Loss arising under this Agreement, including any
Claim or Loss or Unknown Claim or Loss relating to breach or default hereunder or in connection with or as a result of the transactions contemplated by this Agreement or any Claim or Loss, Unknown Claim or Loss, or injury alleged to be suffered by
any party as a result of the actions or failure to act by any other party shall, unless otherwise specifically stated in this Agreement, be governed solely and exclusively by and limited to and by the provisions of this Section 5.2. 

(4) If an Indemnitee is entitled to recover any sum (whether by payment, discount, credit or otherwise) from any third party (including without
limitation insurance claims) in respect of any matter for which a claim of indemnity could be made against the Indemnitor hereunder, the Indemnitee shall use its reasonable endeavors to assign all such rights of recovery against said third party to
the Indemnitor. 
 (5) Seller shall have the right to offset against amounts legally determined to be due and payable by Seller under this
Section 5.2 any and all amounts which are due and owing to Seller under the Transition Services Agreement. 
 (6) Indemnification
obligations due and payable by Seller to Buyer or the Company under this Section 5.2 shall first be recovered from the Escrow provided that Seller cooperates in providing a prompt joint instruction with the Buyer to the Escrow Agent for release
of said funds. 
 5.3 Post-Closing Obligations Regarding Company Employees. Buyer agrees to indemnify the Seller for Claims and Losses
resulting from the failure of Buyer to comply, if legally determined to be required, with WARN with respect to the employees of the Company or the transactions contemplated by this Agreement. 
 5.4 Post-Closing Covenants Regarding Information/Further Assurances. After the Closing, if Buyer reasonably considers or is advised that any
further assignment, conveyance or other documents are reasonably necessary to carry out the intent of this Agreement, including without limitation, to (i) vest, perfect, confirm or record in Buyer title to the Stock or record in the Company
valid title to the Contributed Assets (as defined in the Contribution Agreement) or (ii) to assign to the Company the Contributed Agreements (as defined in the Contribution 

  

 22 

 
Agreement), Seller shall execute and deliver promptly to Buyer any and all assignments and/or other reasonably requested documents in order to carry out such
intent. Seller further covenants, upon request by Buyer and at reasonable times, to provide Buyer and its representatives with access to the pre-Closing records of the business of the Company, including also records of Seller with respect to the
business of the Company which was operated by or through Seller, for the purpose of preparing and/or auditing financial statements of said business as may be required by one or more regulatory authorities (i.e., such as the SEC in connection with an
IPO or the IRS, etc.). Buyer shall make such records available for reasonable business purposes or for taxes for a period of five (5) years subsequent to the Closing Effective Date. The covenants provided in this Section 5.4 shall survive
closing for a period of five (5) years subsequent to the Closing Effective Date. 
 6. Tax Matters and Tax Returns. 

6.1 Preparation of Tax Returns 
 (i) Pre-Closing Tax Returns. Seller agrees that it shall prepare and timely file when due (on original filing date or allowable extension dates) all federal income tax returns, as well as any state or local or franchise tax return on
which Seller and the Company are customarily consolidated for tax periods ending on or before the Closing Effective Date (“Pre-Closing Consolidated Tax Returns”). Seller shall timely pay or shall cause to be timely paid any and all
taxes due with respect to such Pre-Closing Consolidated Tax Returns allocable to Seller under Section 6.2. Seller agrees that it will prepare and file for the Company all federal, state and local income and franchise tax returns as the Company
has for prior years filed (or the Company is otherwise legally required to file) on a separate return basis for all periods ending prior to or including the Closing Effective Date (“Pre-Closing Separate Tax Returns”) (the
Pre-Closing Consolidated Tax Returns and the Pre-Closing Separate Tax Returns are collectively referred to herein as the “Pre-Closing Tax Returns”). Seller shall have the exclusive authority and obligation to prepare all Pre-Closing
Tax Returns. Such authority shall include, but not be limited to, the determination of the manner in which any items of income, gain, deduction, loss or credit arising out of the income, properties and operations of the Company shall be reported or
disclosed in such Pre-Closing Tax Returns; provided, however, that (i) Pre-Closing Separate Tax Returns shall be filed on the same basis as the Company has filed these returns in the past and shall cover the period from the ending
date of the prior Company return for such tax to and including the Closing Effective Date, unless otherwise required by applicable law; and (ii) other than Pre-Closing Tax Returns relating to any combined, consolidated or unitary group of which
the Company is a member and which includes Seller or any of its affiliated entities (other than the Company), each such Pre-Closing Separate Tax Return shall be provided to Buyer before filing with the appropriate tax authority for Buyer’s
review and comment. Seller shall consider any revisions to such Pre-Closing Separate Tax Returns as are reasonably suggested by Buyer. If there is a dispute between Seller and Buyer as to the contents of any such Pre-Closing Separate Tax Returns,
Seller shall be entitled to make the final decision with respect to any disputed item. Notwithstanding anything to the contrary in this Agreement, to the extent that taxes, interest or penalties are incurred by or assessed against or for which the
Company may be subject for any period on or prior to the Closing Effective Date where said taxes, penalties and interest are not included in Closing Working Capital, any such obligations shall be the sole responsibility of Seller. This obligation
shall survive until the expiration of any applicable statute of limitations period for said taxes, interest and penalties. 
  

 23 

 (ii) Straddle Periods Tax Returns. Buyer shall have the exclusive authority and obligation to
prepare all tax returns relating to Straddle Periods (“Straddle Period Tax Returns”) and shall pay or shall cause to be paid any and all taxes with respect to such Straddle Period Tax Returns that are allocable to Seller under
Section 6.2. If any portion of the taxes due with respect to such Straddle Period Tax Returns is allocable to Seller under Section 6.2, Buyer shall provide Seller with written notice of the amount allocable to Seller as promptly as
reasonably practicable (and in any event, to the extent reasonably practicable, at least thirty (30) calendar days prior to the date on which the relevant Straddle Period Tax Return is required to be filed by Buyer or payment of such taxes is
otherwise due), and Seller shall pay such amount to Buyer as promptly as reasonably practicable (and in any event, no later than fifteen (15) business days before such taxes are due and payable). Buyer shall be entitled to file, or to have the
Seller file, all Straddle Period Tax Returns. In the event of a dispute regarding a Straddle Period Tax Return, the parties agree to promptly mutually select one (1) independent accounting firm who shall arbitrate the dispute. Said arbitrator
shall be required to render a decision within fifteen (15) days of the date that the arbitrator accepts the engagement. All costs shall be split equally between Seller and Buyer. The decision of the arbitrator shall be final and may be entered
into a court of competent jurisdiction by either party. 
 (iii) Amended Tax Returns. Seller shall be entitled to file, or to have
the Company file, amended tax returns with respect to Pre-Closing Periods, and, at Seller’s request, Buyer shall cause the Company to cooperate with Seller with respect to the signing and filing of amended tax returns with respect to any
Pre-Closing Period, provided, that, if an amended tax return that, if filed, may have an adverse impact on the Company, Seller shall be entitled to file such amended tax return and to have the Company cooperate with Seller in the filing of such
amended tax return only if Company provides its prior written consent to the filing of such amended tax return, which consent shall not be unreasonably withheld. Seller shall bear the cost and expense of filing any such amended tax returns.

 (iv) Applicable Definitions. For purposes of this Article 6, (i) the term “Pre-Closing Tax Period” means a tax
period or portion thereof that ends on or prior to the Closing Effective Date; if a tax period begins on or prior to the Closing Effective Date and ends after the Closing Effective Date, then the portion of the tax period that ends on and includes
the Closing Effective Date shall constitute a Pre-Closing Tax Period; (ii) the term “Post-Closing Tax Period” means any tax period that begins after the Closing Effective Date; if a tax period begins on or prior to the Closing
Effective Date and ends after the Closing Effective Date, then the portion of the tax period that begins immediately after the Closing Effective Date shall constitute a Post-Closing Tax Period; and (iii) the term “Straddle Tax Period”
means any tax period that begins before the Closing Effective Date and ends after the Closing Effective Date. 
 6.2 Apportionment and
Allocation of Taxes. Seller shall pay all taxes related to the Pre-Closing Tax Returns, with no charge therefore being made to the Company other than taxes included in the Closing Working Capital. All taxes and tax liabilities with respect to
the income, property or operations of the Company that relate to a Straddle Tax Period shall be apportioned to the Pre-Closing Tax Period as follows: (i) in the case of taxes that are (A) based 

  

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upon or related to income or receipts, capital or net worth or franchise taxes, (B) imposed in connection with any sale or other transfer or assignment
of property (real or personal, tangible or intangible) or (C) wage withholding, unemployment insurance, social security or other similar taxes, such taxes shall be deemed equal to the amount which would be payable if the tax year ended with the
Closing Effective Date (including without limitation accruals for any period ending prior to or on the Closing Effective Date); and (ii) in the case of taxes imposed on a periodic basis other than those described in clause (i), including
property taxes and similar ad valorem obligations, such taxes shall be deemed to be the amount of such taxes for the entire Straddle Tax Period (or, in the case of such taxes determined on an arrears basis, the amount of such taxes for the
immediately preceding period), multiplied by a fraction the numerator of which is the number of calendar days in the period ending on the Closing Effective Date and the denominator of which is the number of calendar days in the entire period.

 6.3 Refunds. The amount or economic benefit of any refunds, credits or offsets of taxes of the Company for any Pre-Closing Tax
Period shall be for the account of Seller. The amount or economic benefit of any refunds, credits or offsets of taxes of the Company for any Post-Closing Tax Period shall be for the account of the Company. The amount or economic benefit of any
refunds, credits or offsets of taxes of the Company for any Straddle Tax Period shall be equitably apportioned between Seller and the Company. Each party shall forward, and shall cause its affiliates to forward, to the party entitled to receive the
amount or economic benefit of a refund, credit or offset to tax the amount of such refund, or the economic benefit of such credit or offset to tax, within fifteen (15) days after such refund is received or after such credit or offset is allowed
or applied against another tax liability, as the case may be. 
 6.4 Cooperation. The parties agree to fully cooperate, as and to the
extent reasonably requested by the other party, in connection with the preparation, signing and filing of tax returns and any audit, litigation or other proceeding with respect to taxes relating to periods ending prior to and including the Closing
Effective Date. Such cooperation shall include the retention and (upon the other party’s request) the provision of records and information reasonably relevant to any such audit, litigation or other proceeding and making employees available on a
mutually convenient basis to provide additional information and explanation as is reasonably necessary for each party. 
 6.5
Section 338(h)(10) Election. 
 (a) Seller and Buyer (or their applicable affiliates) shall make a timely, effective and
irrevocable joint election under Section 338(h)(10) of the Code and, upon mutual written consent of Seller and Buyer, under any comparable statutes in any other jurisdiction, in each case with respect to Buyer’s purchase of the Stock under
this Agreement (collectively, the “Section 338(h)(10) Election”). Seller will pay any tax, interest and penalties (collectively “Tax”) attributable to the making of a Section 338(h)(10) Election and will indemnify Buyer and
its affiliates against any such Tax. The Section 338(h)(10) Election shall properly reflect the Price Allocation (as hereinafter defined). Within 120 calendar days after the Closing Date, Buyer shall deliver to Seller a separate statement
for the Company (“Allocation Statement”) allocating the ADSP (as such term is defined in Treasury Regulations Section 1.338-4) of the assets of the Company, in accordance with the Treasury Regulations under Section 338(h)(10) of
the Code. If within thirty (30) calendar days after receipt of the Allocation Statement Seller notifies Buyer in 

  

 25 

 
writing that the allocation of one or more items reflected in the Allocation Statement is not a reasonable allocation, Buyer and Seller will negotiate in
good faith to resolve such dispute. If Buyer and Seller fail to resolve such dispute within thirty (30) calendar days, then within five (5) days after the end of such 30-day period Buyer and Seller shall choose a nationally recognized
law or accounting firm that is mutually acceptable to both of the parties (the “Tax Referee”), and the Tax Referee shall as promptly as practicable determine whether the allocation was reasonable and, if not reasonable, shall appropriately
revise the Allocation Statement. The costs, fees and expenses of the Tax Referee shall be borne equally by Buyer and Seller. If Seller does not respond within thirty (30) calendar days, or upon resolution of the disputed items, the
allocation reflected on the Allocation Statement (as such may have been adjusted) shall be the “Price Allocation” and shall be binding on the parties hereto. Seller and Buyer agree to act, and to cause their respective affiliates to act,
in accordance with the Price Allocation in the preparation, filing and audit of any tax return, including the preparation of and filing with their respective tax returns (including IRS Form 8883). 
 (b) The Parties agree that any indemnification payment made pursuant to this Agreement shall be treated as an adjustment to the Purchase Price for
Tax purposes, unless otherwise required by applicable law. 
 6.5 Purchase Price Allocation. The parties agree that the Purchase Price
shall be allocated in accordance with the rules under Section 1060 of the Code and the Treasury Regulations promulgated thereunder. Such allocation shall be prepared by Buyer and subject to review by Seller, and disputes shall be settled in the
same manner described in Section 6.4 with respect to the Allocation Statement prepared in connection with the Section 338(h)(10) Election. The parties agree to act in accordance with such computations and allocations with respect to
any relevant Tax returns or filings, including any forms or reports required to be filed pursuant to Section 1060 of the Code, the Treasury Regulations promulgated thereunder or any provisions of local, state and foreign law, and to cooperate
in the preparation of any such forms and to file such forms in the manner required by applicable law. 
 7. Selected Definitions. In
addition to any other defined terms used in this Agreement, the following terms used in this Agreement shall be construed to have the meanings set forth below. 
 7.1 Closing Lists Schedule—means the documents or lists of documents and other disclosures delivered by Seller to Buyer at the Closing and which is hereby incorporated herein by reference. 
 7.2 Company Intellectual Property—means all patents, patent applications, trademarks, trademark applications, service marks, trade names,
copyrights, trade secrets, licenses, domain names, mask works, information and proprietary rights and processes owned or licensed by the Company. 
 7.3 Contribution Agreement—means that certain Subsidiary Contribution, Assignment, and Assumption Agreement between Seller and the Company dated as of June     , 2007. 
  

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 7.4 Environmental Laws—means any law, regulation, or other applicable requirement relating to
(a) releases or threatened release of hazardous substances; (b) pollution or protection of employee health or safety, public health or the environment; or (c) the manufacture, handling, transport, use, treatment, storage, or disposal
of hazardous substances. 
 7.5 Financial Statements—means the unaudited, pro forma financial statements for the Company referred
to in Section 2.4. 
 7.6 Key Employees—means the employees of the Company listed in Section 7.4 of the Closing Lists
Schedule. 
 7.7 Material Adverse Effect—means a material adverse effect upon (i) the condition (financial or otherwise),
business, assets or results of operations of the Company; (ii) the validity or enforceability of this Agreement against Seller or the Company; or (iii) the ability of the Company or Seller to perform its obligations under this Agreement.
In addition, an item is considered “material” for purposes of determining if a “Material Adverse Effect” would occur, or for purposes of determining if an item is otherwise material, if the item, alone or combined with all other
items that would be required to be disclosed on the Disclosure Schedule or on the Closing Lists Schedule had the representation or warranty not been qualified by materiality, equals or exceeds Fifty Thousand Dollars ($50,000). Notwithstanding
anything to the contrary in the preceding sentence, a Material Adverse Effect shall not include (i) changes in business conditions affecting the industry of the Company generally; (ii) changes in general economic conditions;
(iii) changes in law, rule or regulations or changes in generally accepted accounting principles. 
 7.8 Permits—means
registrations, permits, licenses, orders and approvals. 
 7.9 Permitted Encumbrances—means (i) the liabilities reflected in
the Most Recent Balance Sheet; (ii) liens for taxes not yet due and payable; and (iii) mechanic’s, materialmen’s and other liens that have arisen in the ordinary course of business and that are not yet due and payable.

 7.10 Seller’s Knowledge—means the knowledge of each of the Key Employees and each of Russell Bartlett and Ariel Amir
after reasonable inquiry within Seller and Company. 
 7.11 Transition Services and Arrangement Agreement—means that certain
Transition Services and Arrangement Agreement between Seller, Buyer and the Company executed simultaneous with the execution of this Agreement. 
 7.12 Unknown Liabilities—means those Claims and Losses that would result from a breach of representation or warranty that is subject to a knowledge qualifier had the knowledge qualifier otherwise been disregarded. 
 7.13 WARN—means the federal Worker Adjustment and Retraining Notification Act, 29 USCA §§ 2101 et.seq, the California WARN
Act, Labor Code §§ 1400 et.seq, any similar laws under any state where the Company has employees, and the rules and regulations under each of such laws. 
  

 27 

 8. Miscellaneous. 
 8.1 Entire Agreement. This Agreement sets forth the entire understanding and agreement between the parties hereto with reference to the subject matter hereof and may only be modified in writing signed by all of
the parties hereto. 
 8.2 Benefits. This Agreement shall bind and inure solely to the benefit of the parties hereto and their
respective successors and assigns and shall not inure to the benefit of any other third party. 
 8.3 Severability. In the event that
any one or more provisions of this Agreement shall be deemed to be illegal or unenforceable, such illegality or unenforceability shall not affect any of the remaining legal and enforceable provisions hereof which shall be construed as if such
illegal or unenforceable provisions(s) had not been inserted. 
 8.4 Notices. Any notices, requests, demands and other communications
required or permitted under this Agreement shall be in writing and considered to be effective in the case of (i) certified mail, when sent postage prepaid and addressed to the party for whom it is intended at its address of record, three
(3) days after deposit in the mail; or (ii) by courier, messenger service or overnight delivery service, upon receipt by recipient as indicated on the courier’s or service’s receipt. The record addresses for the parties are:

  

	 	(a)	If to Seller: 

 Autobytel Inc. 

18872 MacArthur Boulevard 
 Irvine, California 92612-1400 
 Attention: James E. Riesenbach, President/CEO 
 With a Copy to: 
 Autobytel Inc. 
 18872 MacArthur Boulevard 
 Irvine, California 92612-1400 
 Attention: Legal Department 
  

	 	(b)	If to Buyer: 

 Call Command, Inc.

 11500 Northlake Drive, Suite 240 
 Cincinnati, Ohio 45249 
 Attention Thomas A. Babbington, CEO 
 With a Copy to: 
 Keating, Muething & Klekamp , PLL 
 One E. Fourth Street, Suite 1400 
 Cincinnati, Ohio 45202 
 Attention: Alan S. Fershtman, Esq. 
 or to
such other person and place as either party shall furnish to the other party in writing. 
  

 28 

 8.5 Governing Law. 
 (a) This Agreement and all rights and liabilities of the parties hereto shall be governed by and construed in accordance with the laws of the State of Delaware. 
 (b) Each party hereto irrevocably and unconditionally (i) agrees that any suit, action or other legal proceeding arising out of this Agreement may
be brought in the United States District Court for the Central District of California or, if such court does not have jurisdiction or will not accept jurisdiction, in any court of general jurisdiction in Orange County, California; (ii) consents
to the jurisdiction of any such court in any such suit, action or proceeding; and (iii) waives any objection which such party may have to the laying of venue of any such suit, action or proceeding in any such court. 
 (c) TO THE EXTENT PERMITTED BY APPLICABLE LAW, EACH PARTY HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY
APPLICABLE LAW, THE RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. 
 8.6 Counterparts. This Agreement may be executed simultaneously in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

 8.7 Headings. The headings in the Sections and Articles of this Agreement are inserted for convenience of reference only and shall
not constitute a part hereof. 
  

 29 

 IN WITNESS WHEREOF, each of the parties hereto has caused this Agreement to be executed the day and year first above
stated. 
  

			
	CALL COMMAND, INC., a Delaware corporation
		
	By:	 	 /s/ Thomas A. Babbington

		 	Thomas A. Babbington, Chief Executive Officer
	
	AUTOBYTEL INC., a Delaware corporation
		
	By:	 	 /s/ James E. Riesenbach

		 	James E. Riesenbach, President and Chief Executive Officer
	
	RETENTION PERFORMANCE MARKETING, INC., a Delaware corporation
		
	By:	 	 /s/ Russell Bartlett

		 	Russell Bartlett, Senior Vice-President

  

 30 

 EXHIBIT A 
 Working Capital Calculation Schedule 
 “Working Capital” shall mean (i) the sum of accounts
receivable, prepaids, and other current assets of the Company as of the Closing Effective Date, less (ii) the sum of all accounts payable, accrued wages, other accrued expenses, deferred revenue and all other current liabilities of the Company
as of the Closing Effective Date, determined in accordance with generally accepted accounting principles and applied consistently with the Company’s past practices and methodology. However, Working Capital shall not include (i) any
inter-company receivables or inter-company payables between the Company and Seller or any entity which is owned in whole or in part by the Seller or the Company; (ii) any cash and cash equivalents; and (iii) accrued income taxes or income
tax receivables or payables for any period prior to the Closing Effective Date. In no event shall Working Capital include liabilities of the Company which will not pursuant to this Agreement be the responsibility of the Company after the Closing.
Working Capital shall not include any (i) obsolete inventory, equipment, materials or supplies, including without limitation those that are not in current use; or (ii) disputed or contingent obligations. Working Capital shall include a
reserve of $165,000 against accounts receivable which shall reduce the amount of Working Capital. 
 For avoidance of doubt, Working Capital
shall include accruals through the Closing Effective Date (or the date of the Most Recent Balance Sheet with respect to Estimated Working Capital) for wages, expenses and other items that should be properly accrued through the Closing Effective
Date. 
  

 31

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