Document:

Exhibit 10.1

 Exhibit 10.1 
 IBERIABANK Corporation 
 AMENDED & RESTATED 

2010 STOCK INCENTIVE PLAN 
 As amended and restated through April 5, 2011 
  

	1.	Establishment, Purpose, and Types of Awards. 

 IBERIABANK Corporation (the “Company”) hereby establishes this equity-based incentive compensation plan to be known as the “IBERIABANK Corporation Amended & Restated 2010
Stock Incentive Plan” (the “Plan”), in order to provide incentives and awards to select employees, consultants, and directors of the Company and its Affiliates. 

The Plan permits the granting of the following types of Awards, according to the Sections of the Plan listed here: 

 

			
	 Section 6
	  	Option Awards
	 Section 7
	  	Share Appreciation Rights
	 Section 8
	  	Restricted Shares, Restricted Share Units, and Unrestricted Shares
	 Section 9
	  	Performance Units
	 Section 10
	  	Performance Compensation Awards

 The Plan
is not intended to affect, and shall not affect, any stock options, equity-based compensation, or other benefits that the Company or its Affiliates may have provided, or may separately provide in the future pursuant to any agreement, plan, or
program that is independent of this Plan. 
  

	2.	Defined Terms. 

 Terms in
the Plan that begin with an initial capital letter have the defined meaning set forth in the Appendix, unless defined elsewhere in this Plan or the context of their use clearly indicates a different meaning. 

 

	3.	Shares Subject to the Plan. 

 (a) Maximum Number of Shares Issuable under the Plan. Subject to the provisions of Section 13 of the Plan, the maximum number of Shares that the Company may issue for all Awards is
1,400,000 Shares. The maximum number of Shares that the Company may issue as full value Awards under Sections 8, 9, and 10 is 700,000 Shares. Additional limitations on Share issuances are provided in Sections 5(c), 8(a),
8(b) and 10(b). For all Awards, the Shares issued pursuant to the Plan may be authorized but unissued Shares, or Shares that the Company has reacquired or otherwise holds in treasury. 

(b) Return of Shares to the Plan. Shares that are subject to an Award that for any reason expires, is forfeited, is
cancelled, or becomes unexercisable shall again, except to the extent prohibited by Applicable Law, be available for subsequent Awards under the Plan. Notwithstanding the foregoing, but subject to adjustments pursuant to Section 13
below, (i) SARs shall be accounted for under the Plan as provided in Section 7(d) and (ii) the number of Shares that are available for ISO Awards shall be determined, to the extent required under applicable tax laws, by
reducing the number of Shares designated in the preceding paragraph by the number of Shares issued pursuant to Awards, provided that any Shares that are issued under the Plan and forfeited back to the Plan shall be available for issuance pursuant to
future ISO Awards. 
  

	4.	Administration. 

 (a) General. The Committee shall administer the Plan in accordance with its terms, provided that the Board may act in lieu of the Committee on any matter. The Committee shall hold meetings at such
times and places as it may determine and shall make such rules and regulations for the conduct of its business as it deems advisable. In the absence of a duly-appointed Committee or if the Board otherwise chooses to act in lieu of the Committee, the
Board shall function as the Committee for all purposes of the Plan. 
 (b) Committee Composition. The
Board shall appoint the members of the Committee. If and to the extent permitted by Applicable Law, the Committee may authorize one or more Reporting Persons (or other officers) to make Awards to Eligible Persons who are not Reporting Persons (or
other officers whom the Committee has specifically authorized to make Awards). The Board has sole discretion, at any time, to appoint additional members to the Committee, to remove and replace members of the Committee for any reason, and to fill
vacancies on the Committee however caused. 

  
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 (c) Powers of the Committee. Subject to the provisions of the Plan,
the Committee shall have the authority, in its sole discretion: 
 (i) to determine Eligible Persons to whom
Awards shall be granted from time to time and the number of Shares, units, or SARs to be covered by each Award; 

(ii) to determine, from time to time, the Fair Market Value of Shares; 

(iii) to determine, and to set forth in Award Agreements, the terms and conditions of all Awards, including any applicable
exercise or purchase price, the installments and conditions under which an Award shall become vested (which may be based on performance), terminated, expired, cancelled, or replaced, and the circumstances for vesting acceleration or waiver of
forfeiture restrictions, and other restrictions and limitations; 
 (iv) to approve the forms of Award Agreements
and all other documents, notices, and certificates in connection therewith, which need not be identical either as to type of Award or among Participants; 
 (v) to construe and interpret the terms of the Plan and any Award Agreement, to determine the meaning of their terms, and to prescribe, amend, and rescind rules and procedures relating to the Plan and its
administration; 
 (vi) in order to fulfill the purposes of the Plan and without amending the Plan, modify,
cancel, or waive the Company’s rights with respect to any Awards, to adjust or to modify Award Agreements for changes in Applicable Law, and to recognize differences in foreign law, tax policies, or customs; and 

(vii) to make all other interpretations and to take all other actions that the Committee may consider necessary or
advisable to administer the Plan or to effectuate its purposes. 
 (d) Delegation of Administrative
Functions. Subject to Applicable Law and the restrictions set forth in the Plan, the Committee may delegate administrative functions to individuals who are Reporting Persons, officers, or Employees of the Company or its Affiliates. 

(e) Deference to Committee Determinations. The Committee shall have the sole discretion to interpret or construe
ambiguous, unclear, or implied (but omitted) terms in any fashion it deems to be appropriate, and to make any findings of fact needed in the administration of the Plan or Award Agreements. The Committee’s prior exercise of its discretionary
authority shall not obligate it to exercise its authority in a like fashion thereafter. The Committee’s interpretation and construction of any provision of the Plan, or of any Award or Award Agreement, shall be final, binding, and conclusive.
The validity of any such interpretation, construction, decision, or finding of fact shall not be given de novo review if challenged in court, by arbitration, or in any other forum, and shall be upheld unless clearly arbitrary or capricious.

 (f) No Liability; Indemnification. Neither the Board nor any Committee member, nor any Person acting at
the direction of the Board or the Committee, shall be liable for any act, omission, interpretation, construction, or determination made in good faith with respect to the Plan, any Award, or any Award Agreement. The Company and its Affiliates shall
pay or reimburse any member of the Committee, as well as any Director, Employee, or Consultant who takes action in connection with the Plan, for all expenses incurred with respect to the Plan, and to the full extent allowable under Applicable Law
shall indemnify each and every one of them for any claims, liabilities, and costs (including reasonable attorney’s fees) arising out of their good faith performance of duties under the Plan. The Company and its Affiliates may obtain liability
insurance for this purpose. 
  

	5.	Eligibility. 

 (a) General Rule. The Committee may grant ISOs only to Employees (including officers who are Employees) of the Company or an Affiliate that is a “parent corporation” or “subsidiary
corporation” within the meaning of Section 424 of the Code, and may grant all other Awards to any Eligible Person. A Participant who has been granted an Award may be granted an additional Award or Awards if the Committee shall so
determine, if such Participant is otherwise an Eligible Person and if otherwise in accordance with the terms of the Plan. 
 (b) Grant of Awards. Subject to the express provisions of the Plan, the Committee shall determine from the class of Eligible Persons those individuals to whom Awards under the Plan may be granted,
the number of Shares subject to each Award, the price (if any) to be paid for the Shares or the Award and, in the case of Performance Awards, in addition to the matters addressed in Section 10 below, the specific objectives, goals and
performance criteria that further define the Performance Award. Each Award shall be evidenced by an Award Agreement signed by the Company and, if required by the Committee, by the Participant. The Award Agreement shall set forth the material terms
and conditions of the Award established by the Committee. 

  
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 (c) Limits on Awards. During the term of the Plan, no Participant may
receive Options and SARs that relate to more than 300,000 Shares per calendar year. The Committee will adjust this limitation pursuant to Section 13 below. Additional limitations applicable to Performance Compensation Awards are
described in Section 10(b). 
 (d) Replacement Awards. Subject to Applicable Laws (including
any associated shareholder approval requirements), the Committee may, in its sole discretion and upon such terms as it deems appropriate, require as a condition of the grant of an Award to a Participant that the Participant surrender for
cancellation some or all of the Awards that have previously been granted to the Participant under this Plan or otherwise. An Award that is conditioned upon such surrender may or may not be the same type of Award, may cover the same (or a lesser or
greater) number of Shares as such surrendered Award, may have other terms that are determined without regard to the terms or conditions of such surrendered Award, and may contain any other terms that the Committee deems appropriate. In the case of
Options, these other terms may not involve an exercise price that is lower than the exercise price of the surrendered Option (as was determined under Section 6(d)) unless the Company’s shareholders approve the grant itself or the
program under which the grant is made pursuant to the Plan. 
  

	6.	Option Awards. 

 (a) Types; Documentation. The Committee may in its discretion grant ISOs to any Employee and Non-ISOs to any Eligible Person, and shall evidence any such grants in an Award Agreement that is
delivered to the Participant. Each Option shall be designated in the Award Agreement as an ISO or a Non-ISO, and the same Award Agreement may grant both types of Options. At the sole discretion of the Committee, any Option may be exercisable, in
whole or in part, immediately upon the grant thereof, or only after the occurrence of a specified event, or only in installments, which installments may vary. Options granted under the Plan may contain such terms and provisions not inconsistent with
the Plan that the Committee shall deem advisable in its sole and absolute discretion. 
 (b) ISO $100,000
Limitation. To the extent that the aggregate Fair Market Value of Shares with respect to which Options designated as ISOs first become exercisable by a Participant in any calendar year (under this Plan and any other plan of the Company or any
Affiliate) exceeds $100,000, such excess Options shall be treated as Non-ISOs. For purposes of determining whether the $100,000 limit is exceeded, the Fair Market Value of the Shares subject to an ISO shall be determined as of the Grant Date. In
reducing the number of Options treated as ISOs to meet the $100,000 limit, the most recently granted Options shall be reduced first. In the event that Section 422 of the Code is amended to alter the limitation set forth therein, the limitation
of this Section 6(b) shall be automatically adjusted accordingly. 
 (c) Term of Options. Each
Award Agreement shall specify a term at the end of which the Option automatically expires, subject to earlier termination provisions contained in Section 6(e)(ii) hereof, provided, that, the term of any Option may not exceed ten years
from the Grant Date. In the case of an ISO granted to an Employee who is a Ten Percent Holder on the Grant Date, the term of the ISO shall not exceed five years from the Grant Date. 

(d) Exercise of Option. 
 (i) Exercise Price. The exercise price of an Option shall be determined by the Committee in its discretion and shall be set forth in the Award Agreement, provided that (i) if an ISO is granted
to an Employee who on the Grant Date is a Ten Percent Holder, the per Share exercise price shall not be less than 110% of the Fair Market Value per Share on the Grant Date, and (ii) for all other Options, such per Share exercise price shall not
be less than 100% of the Fair Market Value per Share on the Grant Date. 
 (ii) Terms and Conditions. The
Committee shall in its sole discretion determine the times, circumstances, and conditions under which an Option shall be exercisable, and shall set them forth in the Award Agreement. The Committee shall have the discretion to determine whether and
to what extent the vesting of Options shall be tolled during any unpaid leave of absence; provided, however, that in the absence of such determination, vesting of Options shall be tolled during any such leave approved by the Company. 

(iii) Minimum Exercise Requirements. An Option may not be exercised for a fraction of a Share. The Committee may
require in an Award Agreement that an Option be exercised as to a minimum number of Shares, provided that such requirement shall not prevent a Participant from purchasing the full number of Shares as to which the Option is then exercisable.

 (iv) Methods of Exercise. Prior to its expiration pursuant to the terms of the applicable Award
Agreement, each Option may be exercised, in whole or in part (provided that the Company shall not be required to issue 

  
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fractional shares), by delivery of written notice of exercise to the secretary of the Company accompanied by the full exercise price of the Shares being purchased. In the case of an ISO, the
Committee shall determine the acceptable methods of payment on the Grant Date and it shall be included in the applicable Award Agreement. The methods of payment that the Committee may in its discretion accept or commit to accept in an Award
Agreement include: 
 (1) cash or check payable to the Company (in U.S. dollars); 

(2) other Shares that (A) are owned by the Participant who is purchasing Shares pursuant to an Option, (B) have
a Fair Market Value on the date of surrender equal to the aggregate exercise price of the Shares as to which the Option is being exercised, (C) are all, at the time of such surrender, free and clear of any and all claims, pledges, liens and
encumbrances, or any restrictions which would in any manner restrict the transfer of such shares to or by the Company (other than such restrictions as may have existed prior to an issuance of such Shares by the Company to such Participant), and
(D) the certificates of which are duly endorsed for transfer to the Company or attestation of ownership and transfer to the Company is effected to the Company’s satisfaction; 

(3) a cashless exercise program pursuant to which a Participant may concurrently provide irrevocable instructions
(A) to such Participant’s broker to effect the immediate sale of the purchased Shares and remit to the Company, out of the sale proceeds available on the settlement date, sufficient funds to cover the exercise price of the Option plus all
applicable taxes required to be withheld by the Company by reason of such exercise, and (B) to the Company to (upon receipt of payment from the broker) deliver the certificates for or electronic evidence of ownership of the purchased Shares
directly to such broker in order to complete the sale; 
 (4) if approved by the Committee, through a net
exercise procedure whereby the Participant surrenders the Option in exchange for that number of Shares with an aggregate Fair Market Value equal to the difference between the aggregate exercise price of the Option being surrendered and the aggregate
Fair Market Value of the Shares subject to the Option; 
 (5) in such other manner as may be authorized from
time to time by the Committee; or 
 (6) any combination of the foregoing methods of payment. 

(v) Delivery of Shares. The Company shall not be required to deliver Shares pursuant to the exercise of an Option
until payment of the full exercise price therefore is received by the Company. 
 (e) Effect of Termination of
Continuous Service. 
 (i) The Committee may establish and set forth in the applicable Award Agreement the
terms and conditions on which an Option shall remain exercisable, if at all, following termination of a Participant’s Continuous Service. The Committee may waive or modify these provisions at any time. To the extent that a Participant is not
entitled to exercise an Option at the date of his or her termination of Continuous Service, or if the Participant (or other Person entitled to exercise the Option) does not exercise the Option to the extent so entitled within the time specified in
the Award Agreement or below (as applicable), the Option shall terminate and the Shares underlying the unexercised portion of the Option shall revert to the Plan and become available for future Awards. In no event may any Option be exercised after
the expiration of the Option term as set forth in the Award Agreement. 
 (ii) The following provisions shall
apply to the extent an Award Agreement does not specify the terms and conditions upon which an Option shall terminate when there is a termination of a Participant’s Continuous Service: 

(1) Termination other than Upon Disability or Death or for Cause. In the event of termination of a
Participant’s Continuous Service (other than as a result of Participant’s death, Disability, retirement or termination for Cause), the Participant shall have the right to exercise an Option at any time within 90 days following such
termination to the extent the Participant was entitled to exercise such Option at the date of such termination. 

(2) Disability. In the event of termination of a Participant’s Continuous Service as a result of his or her
being Disabled, the Participant shall have the right to exercise an Option at any time within one year following such termination to the extent the Participant was entitled to exercise such Option at the date of such termination. 

(3) Retirement. In the event of termination of a Participant’s Continuous Service as a result of
Participant’s retirement, the Participant shall have the right to exercise the Option at any time within six months following such termination to the extent the Participant was entitled to exercise such Option at the date of such termination.

  
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 (4) Death. In the event of the death of a Participant during the
period of Continuous Service since the Grant Date of an Option, or within 30 days following termination of the Participant’s Continuous Service, the Option may be exercised at any time within one year following the date of the
Participant’s death by the Participant’s estate or by a Person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent the right to exercise the Option had vested at the date of death or, if earlier,
the date the Participant’s Continuous Service terminated. 
 (5) Cause. If the Committee determines
that a Participant’s Continuous Service terminated due to Cause, the Participant shall immediately forfeit the right to exercise any Option, and it shall be considered immediately null and void. 

(f) Reverse Vesting. The Committee in its sole and absolute discretion may allow a Participant to exercise unvested
Options, in which case the Shares then issued shall be Restricted Shares having analogous vesting restrictions to the unvested Options. 
  

	7.	Share Appreciation Rights (SARs). 

 (a) Grants. The Committee may in its discretion grant Share Appreciation Rights (SARs) to any Eligible Person, in any of the following forms: 

(i) SARs related to Options. The Committee may grant SARs either concurrently with the grant of an Option or with
respect to an outstanding Option, in which case the SAR shall extend to all or a portion of the Shares covered by the related Option. An SAR shall entitle the Optionholder, upon exercise of the SAR and surrender of the related Option, or portion
thereof, to the extent the SAR and related Option each were previously unexercised, to receive payment of an amount determined pursuant to Section 7(e) below. Any SAR granted in connection with an ISO will contain such terms as may be
required to comply with the provisions of Section 422 of the Code. 
 (ii) SARs Independent of
Options. The Committee may grant SARs which are independent of any Option subject to such conditions as the Committee may in its discretion determine, which conditions will be set forth in the applicable Award Agreement. 

(iii) Limited SARs. The Committee may grant SARs exercisable only upon or in respect of a Change in Control or any
other specified event, and such limited SARs may relate to or operate in tandem or combination with or substitution for Options or other SARs, or on a stand-alone basis, and may be payable in cash or Shares based on the spread between the exercise
price of the SAR, and (1) a price based upon or equal to the Fair Market Value of the Shares during a specified period, at a specified time within a specified period before, after or including the date of such event, or (2) a price related
to consideration payable to the Company’s shareholders generally in connection with the event. 
 (b)
Exercise Price. The per Share exercise price of an SAR shall be determined in the sole discretion of the Committee, shall be set forth in the applicable Award Agreement, and shall be no less than 100% of the Fair Market Value of one Share.
The exercise price of an SAR related to an Option shall be the same as the exercise price of the related Option. 

(c) Exercise of SARs. Unless the Award Agreement otherwise provides, an SAR related to an Option will be
exercisable at such time or times, and to the extent, that the related Option will be exercisable. An SAR may not have a term exceeding ten years from its Grant Date. An SAR granted independently of any other Award will be exercisable pursuant to
the terms of the Award Agreement. Whether an SAR is related to an Option or is granted independently, the SAR may only be exercised when the Fair Market Value of the Shares underlying the SAR exceeds the exercise price of the SAR. 

(d) Effect on Available Shares. All SARs shall be counted in full against the number of shares available for award
under the Plan, regardless of the number of Shares issued upon settlement of the SARs. 
 (e) Payment.

 (i) Upon exercise of an SAR related to an Option and the attendant surrender of an exercisable portion of any
related Award, the Participant will be entitled to receive payment of an amount determined by multiplying – 
 (1) the excess of the Fair Market Value of a Share on the date of exercise of the SAR over the exercise price per Share of the SAR, by 

  
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 (2) the number of Shares with respect to which the SAR has been exercised.

 (ii) Notwithstanding Section 7(e)(i), an SAR granted independently of an Option: 

(1) may limit the amount payable to the Participant to a percentage, specified in the Award Agreement but not exceeding
one hundred percent (100%), of the amount determined pursuant to Section 7(e)(i), and 
 (2) shall
be subject to any payment or other restrictions that the Committee may at any time impose in its discretion, including restrictions intended to conform the SARs with Section 409A of the Code. 

(f) Form and Terms of Payment. Subject to Applicable Law, the Committee may, in its sole discretion, settle the
amount determined under Section 7(e) above solely in cash, solely in Shares (valued at their Fair Market Value on the date of exercise of the SAR), or partly in cash and partly in Shares. In any event, cash shall be paid in lieu of
fractional Shares. Absent a contrary determination by the Committee, all SARs shall be settled in cash as soon as practicable after exercise. Notwithstanding the foregoing, the Committee may, in an Award Agreement, determine the maximum amount of
cash or Shares or combination thereof that may be delivered upon exercise of an SAR. 
 (g) Effect of
Termination of Continuous Service. The Committee shall establish and set forth in the applicable Award Agreement the terms and conditions on which an SAR shall remain exercisable, if at all, following termination of a Participant’s
Continuous Service. The provisions of Section 6(e)(ii) above shall apply to the extent an Award Agreement does not specify the terms and conditions upon which an SAR shall terminate when there is a termination of a Participant’s
Continuous Service. 
  

	8.	Restricted Shares, Restricted Share Units, and Unrestricted Shares. 

(a) Grants. The Committee has the discretion to grant Awards of Restricted Shares, Restricted Share Units, and
Unrestricted Shares under this Section 8. 
 (i) The Committee may in its discretion grant restricted shares
(“Restricted Shares”) to any Eligible Person and shall evidence such grant in an Award Agreement that is delivered to the Participant and that sets forth the number of Restricted Shares, the purchase price for such Restricted Shares
(if any), and the terms upon which the Restricted Shares may become vested. 
 (ii) The Committee may in its
discretion grant the right to receive Shares after certain vesting requirements are met (“Restricted Share Units”) to any Eligible Person and shall evidence such grant in an Award Agreement that is delivered to the Participant which
sets forth the number of Shares (or formula, that may be based on future performance or conditions, for determining the number of Shares) that the Participant shall be entitled to receive upon vesting and the terms upon which the Shares subject to a
Restricted Share Unit may become vested. 
 (iii) The Committee may condition any Award of Restricted Shares or
Restricted Share Units to a Participant on receiving from the Participant such further assurances and documents as the Committee may require to enforce the restrictions. 

(iv) The Committee may grant Awards hereunder for an aggregate of no more than 30,000 Shares (subject to adjustment under
Section 13) in the form of unrestricted shares (“Unrestricted Shares”), which shall vest in full upon the date of grant or such other date as the Committee may determine or which the Committee may issue pursuant to any
program under which one or more Eligible Persons (selected by the Committee in its discretion) elect to receive Unrestricted Shares in lieu of cash bonuses that would otherwise be paid. 

(b) Vesting and Forfeiture. 

(i) Award Agreements for Restricted Shares and Restricted Share Units. The Committee shall set forth in an Award
Agreement granting Restricted Shares or Restricted Share Units, the terms and conditions under which the Participant’s interest in the Restricted Shares or the Shares subject to Restricted Share Units will become vested and non-forfeitable.

 (ii) Minimum Vesting Requirements. Except for grants to Directors, Restricted Shares and Restricted
Share Units granted under this Section 8 shall be subject to a vesting period of at least three years, with incremental vesting of portions of the Award over the three-year period permitted; provided, however, that if the vesting of the
Award is based upon the attainment of performance goals, a minimum vesting period of one year is allowed, with incremental vesting of portions of the Award over the one-year period permitted. 

  
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 (iii) Effect of Termination of Continuous Service. Except as set
forth in the applicable Award Agreement or the Committee otherwise determines, upon termination of a Participant’s Continuous Service for any other reason, the Participant shall forfeit his or her unvested Restricted Shares and Restricted Share
Units; provided that if a Participant purchases the Restricted Shares and forfeits them for any reason, the Company shall return the purchase price to the Participant only if and to the extent set forth in an Award Agreement. 

(c) Issuance of Restricted Shares Prior to Vesting. The Company shall issue stock certificates that evidence
Restricted Shares pending the lapse of applicable restrictions, and that bear a legend making appropriate reference to such restrictions. Alternatively, the Company may reflect such ownership and restrictions in electronic format. Except as set
forth in the applicable Award Agreement or the Committee otherwise determines, the Company or a third party that the Company designates shall hold such Restricted Shares and any dividends that accrue with respect to Restricted Shares pursuant to
Section 8(e) below. 
 (d) Issuance of Shares upon Vesting. As soon as practicable after
vesting of a Participant’s Restricted Shares (or Shares underlying Restricted Share Units) and the Participant’s satisfaction of applicable tax withholding requirements, the Company shall release to the Participant, free from the vesting
restrictions, one Share for each vested Restricted Share (or issue one Share free of the vesting restriction for each vested Restricted Share Unit), unless an Award Agreement provides otherwise. No fractional shares shall be distributed, and cash
shall be paid in lieu thereof. 
 (e) Dividends Payable on Vesting. Whenever Shares are released to a
Participant under Section 8(d) above pursuant to the vesting of Restricted Shares or the Shares underlying Restricted Share Units are issued to a Participant pursuant to Section 8(d) above, such Participant shall receive
(unless otherwise provided in the Award Agreement), with respect to each Share released or issued, an amount equal to any cash dividends (plus, in the discretion of the Committee, simple interest at a rate as the Committee may determine) and a
number of Shares equal to any stock dividends, which were declared and paid to the holders of Shares between the Grant Date and the date such Share is released or issued. 

(f) Section 83(b) Elections. A Participant may make an election under Section 83(b) of the Code (the
“Section 83(b) Election”) with respect to Restricted Shares. If a Participant who has received Restricted Share Units provides the Committee with written notice of his or her intention to make Section 83(b) Election with
respect to the Shares subject to such Restricted Share Units, the Committee may in its discretion, if permitted by Section 409A of the Code, convert the Participant’s Restricted Share Units into Restricted Shares, on a one-for-one basis,
in full satisfaction of the Participant’s Restricted Share Unit Award. The Participant may then make a Section 83(b) Election with respect to those Restricted Shares. 

 

	9.	Performance Units. 

Subject to the limitations set forth in Section 10(b), the Committee has discretion to grant Performance Units to any Eligible
Person and shall evidence such grant in an Award Agreement that is delivered to the Participant which sets forth the terms and conditions of the Award. Performance Units must vest based upon the attainment of performance goals with a minimum vesting
period of one year, with incremental vesting of portions of the Performance Units over the one-year period permitted. 
  

	10.	Performance Compensation Awards. 

 (a) Qualified Performance-Based Compensation. 
 (i) Subject
to the limitations set forth in paragraph (b) hereof, the Committee may, at the time of grant of Restricted Shares, Restricted Share Units, or Performance Units, designate such Award as a “Performance Compensation Award” in
order that such Award constitutes “qualified performance-based compensation” under Section 162(m) of the Code, in which event the Committee shall have the power to grant such Performance Compensation Award upon terms and conditions
that qualify it as “qualified performance-based compensation” within the meaning of Section 162(m) of the Code. 
 (ii) With respect to each such Performance Compensation Award, the Committee shall establish, in writing within the time required under Section 162(m) of the Code, a “Performance
Period,” “Performance Measure(s)”, and “Performance Formula(e)” (as each such term is defined in Section 10(c)). 

(iii) A Participant shall be eligible to receive payment in respect of a Performance Compensation Award only to the extent
that the Performance Measure(s) for such Award is achieved and the Performance Formula(e) as applied against such Performance Measure(s) determines that all or some portion of such Participant’s Award has been earned for the Performance Period.

  
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 (iv) As soon as practicable after the close of each Performance Period, the
Committee shall review and certify in writing whether, and to what extent, the Performance Measure(s) for the Performance Period have been achieved and, if so, determine and certify in writing the amount of the Performance Compensation Award to be
paid to the Participant and, in so doing, may use negative discretion to decrease, but not increase, the amount of the Award otherwise payable to the Participant based upon such performance. 

(b) Limitations on Awards. The maximum Performance Compensation Award that any one Participant may receive for any
one Performance Period shall not together exceed 250,000 Shares, subject to adjustment under Section 13, and $4 million in cash, per calendar year. 
 (c) Definitions. 
 (i) “Performance
Formula” means, for a Performance Period, one or more objective formulas or standards established by the Committee for purposes of determining whether or the extent to which an Award has been earned based on the level of performance
attained or to be attained with respect to one or more Performance Measure(s). Performance Formulae may vary from Performance Period to Performance Period and from Participant to Participant and may be established on a stand-alone basis, in tandem
or in the alternative. 
 (ii) “Performance Measure” means one or more of the following selected
by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): basic, diluted, or adjusted
earnings per share; sales or revenue; earnings before interest, taxes, and other adjustments (in total or on a per share basis); basic or adjusted net income; returns on equity, assets, capital, revenue or similar measure; economic value added;
working capital; credit quality measurements (such as net charge-offs, the ratio of nonperforming assets to total assets, and loan loss allowances as a percentage of nonperforming assets); total shareholder return; and product development, product
market share, research, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with
generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted
under Section 162(m) of the Code, adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting
principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative. 

(iii) “Performance Period” means one or more periods of time (of not less than one fiscal year of the
Company), as the Committee may designate, over which the attainment of one or more Performance Measure(s) will be measured for the purpose of determining a Participant’s rights in respect of an Award. 

 

	11.	Taxes. 

(a) General. As a condition to the issuance or distribution of Shares pursuant to the Plan, the Participant (or in
the case of the Participant’s death, the person who succeeds to the Participant’s rights) shall make such arrangements as the Company may require for the satisfaction of any applicable federal, state, local, or foreign withholding tax
obligations that may arise in connection with the Award and the issuance of Shares. The Company shall not be required to issue any Shares until such obligations are satisfied. If the Committee allows the withholding or surrender of Shares to satisfy
a Participant’s tax withholding obligations, the Committee shall not allow Shares to be withheld in an amount that exceeds the minimum statutory withholding rates for federal and state tax purposes, including payroll taxes. 

(b) Surrender of Shares. If permitted by the Committee, in its discretion, a Participant may satisfy the minimum
applicable tax withholding and employment tax obligations associated with an Award by surrendering Shares to the Company (including Shares that would otherwise be issued pursuant to the Award) that have a Fair Market Value determined as of the
applicable Tax Date equal to the amount required to be withheld. 
 (c) Default Rule for Employees. In the
absence of any other arrangement, an Employee shall be deemed to have directed the Company to withhold or collect from his or her cash compensation an amount sufficient to satisfy such tax obligations from the next payroll payment otherwise payable
after the date of the exercise of an Award. 
 (d) Special Rules. In the case of (i) a Participant
other than an Employee, (ii) an Employee where the next payroll payment is not sufficient to satisfy such tax obligations, with respect to any remaining tax obligations, (iii) a Participant who is an Executive Officer of the Company or a
member of the Board, in the absence of any other arrangement and to the extent permitted under Applicable Law, the Participant shall be deemed to have elected to have the Company 

  
 8 

 
withhold from the Shares or cash to be issued pursuant to an Award that number of Shares having a Fair Market Value determined as of the applicable Tax Date (as defined below) or cash equal to
the amount required to be withheld. For purposes of this Section 11, the Fair Market Value of the Shares to be withheld shall be determined on the date that the amount of tax to be withheld is to be determined under the Applicable Law
(the “Tax Date”). 
 (e) Income Taxes. Participants are solely responsible and liable for
the satisfaction of all taxes and penalties that may arise in connection with Awards (including any taxes arising under Section 409A of the Code), and the Company shall not have any obligation to indemnify or otherwise hold any Participant
harmless from any or all of such taxes. 
  

	12.	Non-Transferability of Awards. 

 (a) General. Except as set forth in this Section 12, or as otherwise approved by the Committee, Awards may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in
any manner other than by will or by the laws of descent or distribution. The designation of a beneficiary by a Participant will not constitute a transfer. An Award may be exercised, during the lifetime of the holder of an Award, only by such holder,
the duly-authorized legal representative of a Participant who is Disabled, or a transferee permitted by this Section 12. 
 (b) Limited Transferability Rights. Notwithstanding anything else in this Section 12, the Committee may in its discretion provide in an Award Agreement that an Award other than an ISO
may be transferred, on such terms and conditions as the Committee deems appropriate, either (i) by instrument to the Participant’s “Immediate Family” (as defined below), (ii) by instrument to an inter vivos or testamentary
trust (or other entity) in which the Award is to be passed to the Participant’s designated beneficiaries, or (iii) by gift to charitable institutions. Any transferee of the Participant’s rights shall succeed and be subject to all of
the terms of this Award Agreement and the Plan. “Immediate Family” means any child, stepchild, grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling, niece, nephew, mother-in-law, father-in-law, son-in-law,
daughter-in-law, brother-in-law, or sister-in-law, and shall include adoptive relationships. 
  

	13.	Adjustments Upon Changes in Capitalization, Merger, or Certain Other Transactions. 

(a) Changes in Capitalization. The Committee shall equitably adjust the number of Shares covered by each
outstanding Award, all Share limitations contained herein and the number of Shares that have been authorized for issuance under the Plan but as to which no Awards have yet been granted or that have been returned to the Plan upon cancellation,
forfeiture, or expiration of an Award, as well as the price per Share covered by each such outstanding Award, to reflect any increase or decrease in the number of issued Shares resulting from a stock-split, reverse stock-split, stock dividend,
combination, recapitalization or reclassification of the Shares, or any other increase or decrease in the number of issued Shares effected without receipt of consideration by the Company. In the event of any such transaction or event, the Committee
may provide in substitution for any or all outstanding Awards under the Plan such alternative consideration (including securities of any surviving entity) as it may in good faith determine to be equitable under the circumstances and may require in
connection therewith the surrender of all Awards so replaced. In any case, such substitution of securities shall not require the consent of any person who is granted Awards pursuant to the Plan. Except as expressly provided herein, or in an Award
Agreement, if the Company issues for consideration shares of stock of any class or securities convertible into shares of stock of any class, the issuance shall not affect, and no adjustment by reason thereof shall be required to be made with respect
to the number or price of Shares subject to any award. 
 (b) Dissolution or Liquidation. In the event of
the dissolution or liquidation of the Company other than as part of a Change in Control, each Award will terminate immediately prior to the consummation of such action, subject to the ability of the Committee to exercise any discretion authorized in
the case of a Change in Control. 
 (c) Change in Control. Unless otherwise provided in an Award
Agreement, Awards will automatically vest in full (and to the extent applicable, become exercisable) and any repurchase rights of the Company will automatically lapse upon a Change in Control of the Company. In addition, in the event of a Change in
Control, the Committee may in its sole and absolute discretion and authority, without obtaining the approval or consent of the Company’s shareholders or any Participant with respect to his or her outstanding Awards, take one or more of the
following actions: 
 (i) arrange for or otherwise provide that each outstanding Award shall be assumed or a
substantially similar award shall be substituted by a successor corporation or a parent or subsidiary of such successor corporation (the “Successor Corporation”); 

  
 9 

 (ii) require that all outstanding Options and Share Appreciation Rights be
exercised on or before a specified date (before or after such Change in Control) fixed by the Committee, after which specified date all unexercised Options and Share Appreciation Rights shall terminate; 

(iii) arrange or otherwise provide for the payment of cash or other consideration to Participants in exchange for the
satisfaction and cancellation of outstanding Awards; or 
 (iv) make such other modifications, adjustments or
amendments to outstanding Awards or this Plan as the Committee deems necessary or appropriate, subject however to the terms of Section 15(a) below. 
 (d) Certain Distributions. In the event of any distribution to the Company’s shareholders of securities of any other entity or other assets (other than dividends payable in cash or stock of
the Company) without receipt of consideration by the Company, the Committee may, in its discretion, appropriately adjust the price per Share covered by each outstanding Award to reflect the effect of such distribution. 

 

	14.	Time of Granting Awards. 

The date of grant (“Grant Date”) of an Award shall be the date on which the Committee makes the determination granting
such Award or such other later date as is determined by the Committee, provided that in the case of an ISO, the Grant Date shall be the later of the date on which the Committee makes the determination granting such ISO or the date of commencement of
the Participant’s employment relationship with the Company. 
  

	15.	Modification of Awards and Substitution of Options or SARs. 

(a) Modification, Extension, and Renewal of Awards. Within the limitations of the Plan, the Committee may modify an
Award to accelerate the rate at which an Option or SAR may be exercised (including without limitation permitting an Option or SAR to be exercised in full without regard to the installment or vesting provisions of the applicable Award Agreement or
whether the Option or SAR is at the time exercisable, to the extent it has not previously been exercised), to accelerate the vesting of any Award, to extend or renew outstanding Awards in compliance with Section 409A, to the extent applicable,
or to accept the cancellation of outstanding Awards to the extent not previously exercised. However, the Committee may not cancel an outstanding option that is underwater for the purpose of reissuing the option to the Participant at a lower exercise
price or granting a replacement award of a different type. Notwithstanding the foregoing provision, no modification of an outstanding Award shall materially and adversely affect such Participant’s rights thereunder, unless either the
Participant provides written consent or there is an express Plan provision permitting the Committee to act unilaterally to make the modification. 
 (b) Substitution of Options. Notwithstanding any inconsistent provisions or limits under the Plan, in the event the Company or an Affiliate acquires (whether by purchase, merger, or otherwise) all
or substantially all of outstanding capital stock or assets of another corporation or in the event of any reorganization or other transaction qualifying under Section 424 of the Code, the Committee may, in accordance with the provisions of that
Section, substitute Options or SARs for options or stock appreciation rights under the plan of the acquired company provided (i) the excess of the aggregate fair market value of the shares subject to an Option or SAR immediately after the
substitution over the aggregate option price of such shares is not more than the similar excess immediately before such substitution and (ii) the new option or stock appreciation right does not give Persons additional benefits, including any
extension of the exercise period. 
 (c) Limitations on Repricing. Except as permitted in
Section 13(a) for a change in capitalization, Section 13(c) for a Change of Control, or Section 15(b) for a substitution of Options or SARs in connection with a corporate transaction involving the Company, the
terms of outstanding Awards may not be amended to reduce the exercise price of outstanding Options or SARs or cancel outstanding Options or SARs in exchange for cash, other Awards, or Options or SARs with an exercise price that is less than the
exercise price of the original Options or SARs without stockholder approval. 
  

	16.	Term of Plan. 

 The Plan
shall continue in effect for a term of ten years from its effective date as determined under Section 20 below, unless the Plan is sooner terminated under Section 17 below. 

  
 10 

	17.	Amendment and Termination of the Plan. 

 (a) Authority to Amend or Terminate. Subject to Applicable Laws, the Board may from time to time amend, alter, suspend, discontinue, or terminate the Plan. Shareholder approval is required for any
Plan amendment that would permit repricing without shareholder approval. 
 (b) Effect of Amendment or
Termination. No amendment, suspension, or termination of the Plan shall materially and adversely affect Awards already granted unless either it relates to an adjustment pursuant to Section 13 above, or it is otherwise mutually agreed
between the Participant and the Committee, which agreement must be in writing and signed by the Participant and the Company. Notwithstanding the foregoing, the Committee may amend the Plan to eliminate provisions which are no longer necessary as a
result of changes in tax or securities laws or regulations, or in the interpretation thereof. 
  

	18.	Conditions Upon Issuance of Shares. 

 Notwithstanding any other provision of the Plan or any agreement entered into by the Company pursuant to the Plan, the Company shall not be obligated, and shall have no liability for failure, to issue or
deliver any Shares under the Plan unless such issuance or delivery would comply with Applicable Law, with such compliance determined by the Company in consultation with its legal counsel. 

 

	19.	Reservation of Shares. 

The Company, during the term of this Plan, will at all times reserve and keep available such number of Shares as shall be sufficient to
satisfy the requirements of the Plan. Neither the Company nor the Committee shall, without shareholder approval, allow for a repricing within the meaning of the federal securities laws applicable to proxy statement disclosures. 

 

	20.	Effective Date. 

 This
Plan shall become effective on the date of its approval by the Board; provided that this Plan shall be submitted to the Company’s shareholders for approval, and if not approved by the shareholders in accordance with Applicable Laws (as
determined by the Committee in its discretion) within one year from the date of approval by the Board, this Plan and any Awards shall be null, void, and of no force and effect. Awards granted under this Plan before approval of this Plan by the
shareholders shall be granted subject to such approval, and no Shares shall be distributed before such approval. 
  

	21.	Controlling Law. 

 All
disputes relating to or arising from the Plan shall be governed by the internal substantive laws (and not the laws of conflicts of laws) of the State of Louisiana, to the extent not preempted by United States federal law. If any provision of this
Plan is held by a court of competent jurisdiction to be invalid and unenforceable, the remaining provisions shall continue to be fully effective. 
  

	22.	Laws and Regulations. 

 (a) U.S. Securities Laws. This Plan, the grant of Awards, the exercise of Options and SARs under this Plan, and the obligation of the Company to sell or deliver any of its securities (including,
without limitation, Options, Restricted Shares, Restricted Share Units, and Shares) under this Plan shall be subject to all Applicable Laws. In the event that the Shares are not registered under the Securities Act, or any applicable state securities
laws prior to the delivery of such Shares, the Company may require, as a condition to the issuance thereof, that the persons to whom Shares are to be issued represent and warrant in writing to the Company that such Shares are being acquired by him
or her for investment for his or her own account and not with a view to, for resale in connection with, or with an intent of participating directly or indirectly in, any distribution of such Shares within the meaning of the Securities Act, and a
legend to that effect may be placed on the certificates representing the Shares. 
 (b) Other
Jurisdictions. To facilitate the making of any grant of an Award under this Plan, the Committee may provide for such special terms for Awards to Participants who are foreign nationals or who are employed by the Company or any Affiliate outside
of the United States of America as the Committee may consider necessary or appropriate to accommodate differences in local law, tax policy or custom. The Company may adopt rules and procedures relating to the operation and administration of this
Plan to accommodate the specific requirements of local 

  
 11 

 
laws and procedures of particular countries. Without limiting the foregoing, the Company is specifically authorized to adopt rules and procedures regarding the conversion of local currency,
taxes, withholding procedures and handling of stock certificates which vary with the customs and requirements of particular countries. The Company may adopt sub-plans and establish escrow accounts and trusts as may be appropriate or applicable to
particular locations and countries. 
  

	23.	No Shareholder Rights. 

Neither a Participant nor any transferee of a Participant shall have any rights as a shareholder of the Company with respect to any Shares
underlying any Award until the date of issuance of a Share certificate or other evidence of Share ownership to a Participant or a transferee of a Participant for such Shares in accordance with the Company’s governing instruments and Applicable
Law. Prior to the issuance of Shares pursuant to an Award, a Participant shall not have the right to vote or to receive dividends or any other rights as a shareholder with respect to the Shares underlying the Award, notwithstanding its exercise in
the case of Options and SARs. No adjustment will be made for a dividend or other right that is determined based on a record date prior to the date the stock certificate or other evidence of ownership is issued, except as otherwise specifically
provided for in this Plan. 
  

	24.	No Employment Rights. 

The Plan shall not confer upon any Participant any right to continue an employment, service or consulting relationship with the Company,
nor shall it affect in any way a Participant’s right or the Company’s right to terminate the Participant’s employment, service, or consulting relationship at any time, with or without Cause. 

 

	25.	Deferral. 

 Payment of an
Award may be deferred only if permitted in the Award Agreement. Any deferral arrangement shall comply with Section 409A of the Code. 

  
 12 

 IBERIABANK Corporation 2010 STOCK INCENTIVE PLAN 

Appendix: Definitions 
 As used in the Plan, the following definitions shall apply: 

“Affiliate” means, with respect to any Person (as defined below), any other Person that directly or indirectly
controls or is controlled by or under common control with such Person. For the purposes of this definition, “control,” when used with respect to any Person, means the possession, direct or indirect, of the power to direct or cause the
direction of the management and policies of such Person or the power to elect directors, whether through the ownership of voting securities, by contract or otherwise; and the terms “affiliated,” “controlling” and
“controlled” have meanings correlative to the foregoing. 
 “Applicable Law” means the legal
requirements relating to the administration of options and share-based plans under applicable U.S. federal and state laws, the Code, any applicable stock exchange or automated quotation system rules or regulations, and the applicable laws of any
other country or jurisdiction where Awards are granted, as such laws, rules, regulations and requirements shall be in place from time to time. 
 “Award” means any award made pursuant to the Plan, including awards made in the form of an Option, an SAR, a Restricted Share, a Restricted Share Unit, an Unrestricted Share, a
Performance Unit, and a Performance Compensation Award, or any combination thereof, whether alternative or cumulative, authorized by and granted under this Plan. 
 “Award Agreement” means any written document setting forth the terms of an Award that has been authorized by the Committee. The Committee shall determine the form or forms of
documents to be used, and may change them from time to time for any reason. 
 “Board” means the Board
of Directors of the Company. 
 “Cause” for termination of a Participant’s Continuous Service will
exist if the Participant is terminated from employment or other service with the Company or an Affiliate for any of the following reasons: (i) the Participant’s willful failure to substantially perform his or her duties and
responsibilities to the Company or deliberate violation of a material Company policy; (ii) the Participant’s commission of any material act or acts of fraud, embezzlement, dishonesty, or other willful misconduct; (iii) the
Participant’s material unauthorized use or disclosure of any proprietary information or trade secrets of the Company or any other party to whom the Participant owes an obligation of nondisclosure as a result of his or her relationship with the
Company; or (iv) the Participant’s willful and material breach of any of his or her obligations under any written agreement or covenant with the Company. 
 The Committee shall in its discretion determine whether or not a Participant is being terminated for Cause. The Committee’s determination shall, unless arbitrary and capricious, be final and binding
on the Participant, the Company, and all other affected persons. The foregoing definition does not in any way limit the Company’s ability to terminate a Participant’s employment or consulting relationship at any time, and the term
“Company” will be interpreted herein to include any Affiliate or successor thereto, if appropriate. 

“Change in Control” means, unless otherwise defined in an Award Agreement, 

(a) the acquisition by any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the
Exchange Act) of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of more than 25 percent of the combined voting power of the Company’s then outstanding securities; provided, however, that for purposes
of this paragraph (a), of this definition the following acquisitions shall not constitute a Change in Control: 

(i) any acquisition of securities directly from the Company, 

(ii) any acquisition of securities by the Company, 

(iii) any acquisition of securities by any employee benefit plan (or related trust) sponsored or maintained by the Company
or any corporation controlled by the Company, or 

  
 13 

 (iv) any acquisition of securities by any corporation or entity pursuant to
a transaction that does not constitute a Change of Control under paragraph (c) of this definition; or 

(b) Individuals who, as of the date this Plan was adopted by the Board of Directors (the “Approval
Date”), constitute the Board (the “Incumbent Board”) cease for any reason to constitute at least a majority of the Board; provided, however, that any individual becoming a director subsequent to the Approval Date whose
election, or nomination for election by the Company’s shareholders, was approved by a vote of at least a majority of the directors then comprising the Incumbent Board shall be considered a member of the Incumbent Board, unless such
individual’s initial assumption of office occurs as a result of an actual or threatened election contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents by or on behalf of a
person other than the Incumbent Board; or 
 (c) consummation of a reorganization, merger ,or consolidation
(including a merger, or consolidation of the Company or any direct or indirect subsidiary of the Company), or sale or other disposition of all or substantially all of the assets of the Company (a “Business Combination”), in each
case, unless, following such Business Combination, 
 (i) all or substantially all of the individuals and
entities who were the beneficial owners of the Company’s outstanding common stock and the Company’s voting securities entitled to vote generally in the election of directors immediately prior to such Business Combination have direct or
indirect beneficial ownership, respectively, of more than 50 percent of the then outstanding shares of common stock, and more than 50 percent of the combined voting power of the then outstanding voting securities entitled to vote generally in the
election of directors, of the corporation resulting from such Business Combination (which, for purposes of this subparagraph (c)(i) and paragraphs (c)(ii) and (c)(iii)shall include a corporation which as a result of such transaction owns the Company
or all or substantially all of the Company’s assets either directly or through one or more subsidiaries), and 
 (ii) except to the extent that such ownership existed prior to the Business Combination, no person (excluding any corporation resulting from such Business Combination or any employee benefit plan or
related trust of the Company or such corporation resulting from such Business Combination) beneficially owns, directly or indirectly, 25 percent or more of the then outstanding shares of common stock of the corporation resulting from such Business
Combination or 25 percent or more of the combined voting power of the then outstanding voting securities of such corporation, and 
 (iii) at least a majority of the members of the board of directors of the corporation resulting from such Business Combination were members of the Incumbent Board at the time of the execution of the
initial agreement, or of the action of the Board, providing for such Business Combination; or 
 (d) approval by
the shareholders of the Company of a plan of complete liquidation or dissolution of the Company. 

“Code” means the U.S. Internal Revenue Code of 1986, as amended. All references to specific Sections of the Code
include the applicable regulations or guidance issued thereunder, as those may be amended from time to time. 

“Committee” means one or more committees or subcommittees of the Board appointed by the Board to administer the
Plan in accordance with Section 4 above. With respect to any decision involving an Award intended to satisfy the requirements of Section 162(m) of the Code, the Committee shall consist of two or more Directors of the Company who are
“outside directors” within the meaning of Section 162(m) of the Code. With respect to any decision relating to a Reporting Person, the Committee shall consist of two or more Directors who are disinterested within the meaning of Rule
16b-3. 
 “Company” means IBERIABANK Corporation, a Louisiana corporation; provided, however, that in
the event the Company reincorporates to another jurisdiction, all references to the term “Company” shall refer to the Company in such new jurisdiction. 
 “Consultant” means any person, including an advisor, who is engaged by the Company or any Affiliate to render services and is compensated for such services. 

“Continuous Service” means the absence of any interruption or termination of service as an Employee, Director, or
Consultant. Continuous Service shall not be considered interrupted in the case of: (i) sick leave; (ii) military leave; (iii) any other leave of absence approved by the Committee, provided that such leave is for a period of not more
than 90 days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute, or unless provided otherwise pursuant to 

  
 14 

 
Company policy adopted from time to time; (iv) changes in status from Director to advisory director or emeritus status; or (iv) in the case of transfers between locations of the Company
or between the Company, its Affiliates, or their respective successors. Changes in status between service as an Employee, Director, and a Consultant will not constitute an interruption of Continuous Service. 

“Director” means a member of the Board, or a member of the board of directors of an Affiliate. 

“Disabled” or “Disability” refers to a condition under which a Participant –

 (a) is unable to engage in any substantial gainful activity by reason of any medically determinable physical
or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months; or 
 (b) is, by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months,
receiving income replacement benefits for a period of not less than three months under an accident or health plan covering employees of the Company. 
 “Eligible Person” means any Consultant, Director, or Employee and includes non-Employees to whom an offer of employment has been extended. 

“Employee” means any person whom the Company or any Affiliate classifies as an employee (including an officer)
for employment tax purposes. The payment by the Company of a director’s fee to a Director shall not be sufficient to constitute “employment” of such Director by the Company. 

“Exchange Act” means the Securities Exchange Act of 1934, as amended. 

“Executive Officer” has the meaning provided in Rule 3b-7 under the Exchange Act. 

“Fair Market Value” means, as of any date (the “Determination Date”): (i) the closing price
of a Share on the New York Stock Exchange, the NASDAQ Stock Market or the American Stock Exchange (collectively, the “Exchange”), on the Determination Date, or, if shares were not traded on the Determination Date, then on the
nearest preceding trading day during which a sale occurred; or (ii) if such stock is not traded on the Exchange but is quoted on a quotation system, (A) the mean between the reported high and low sale prices on the Determination Date
during the regular daily trading session or, (B) if selling prices are not reported for the Determination Date, the mean between the closing representative bid and asked prices for the stock on the Determination Date as reported by such
quotation system; or (iii) if such stock is not traded on the Exchange or quoted but is otherwise traded over-the-counter, the mean between the representative bid and asked prices on the Determination Date; or (iv) if subsections
(i)-(iii) do not apply, the fair market value as established in good faith by the Committee and in accordance with Section 409A of the Code. 
 “Grant Date” has the meaning set forth in Section 14 of the Plan. 
 “Incentive Share Option” or “ISO” means an Option intended to qualify as an incentive stock option within the meaning of Section 422 of the Code, as
designated in the applicable Award Agreement. 
 “Involuntary Termination” means termination of a
Participant’s Continuous Service under either of the following circumstances occurring on or after a Change in Control: (a) termination without Cause by the Company or an Affiliate or successor thereto, as appropriate; or
(b) voluntary termination by the Participant within 60 days following (i) a material reduction in the Participant’s job responsibilities, provided that neither a mere change in title alone nor reassignment to a substantially similar
position shall constitute a material reduction in job responsibilities; (ii) an involuntary relocation of the Participant’s work site to a facility or location more than 50 miles from the Participant’s principal work site at the time
of the Change in Control; or (iii) a material reduction in Participant’s total compensation other than as part of an reduction by the same percentage amount in the compensation of all other similarly-situated Employees, Directors or
Consultants. 
 “Non-ISO” means an Option not intended to qualify as an ISO, as designated in the
applicable Award Agreement. 
 “Option” means any stock option granted pursuant to Section 6
of the Plan. 
 “Participant” means any holder of one or more Awards, or the Shares issuable or issued
upon exercise of such Awards, under the Plan. 

  
 15 

 “Performance Awards” mean Performance Units and Performance
Compensation Awards granted pursuant to Section 10. 
 “Performance Compensation Awards”
mean Awards granted pursuant to Section 10(b) of the Plan. 
 “Performance Unit” means
Awards granted pursuant to Section 10(a) of the Plan which may be paid in cash, in Shares, or such combination of cash and Shares as the Committee in its sole discretion shall determine. 

“Person” means any natural person, association, trust, business trust, cooperative, corporation, general
partnership, joint venture, joint-stock company, limited partnership, limited liability company, real estate investment trust, regulatory body, governmental agency or instrumentality, unincorporated organization, or organizational entity.

 “Plan” means this IBERIABANK Corporation 2010 Stock Incentive Plan. 

“Reporting Person” means an officer, Director, or greater than ten percent shareholder of the Company within the
meaning of Rule 16a-2 under the Exchange Act, who is required to file reports pursuant to Rule 16a-3 under the Exchange Act. 

“Restricted Shares” mean Shares subject to restrictions imposed pursuant to Section 8 of the Plan.

 “Restricted Share Units” mean the right to receive Shares granted pursuant to Section 8
of the Plan. 
 “Rule 16b-3” means Rule 16b-3 promulgated under the Exchange Act, as amended from time
to time, or any successor provision. 
 “Securities Act” means of the Securities Act of 1933, as
amended. 
 “Share Appreciation Right” or “SAR” means Awards granted pursuant to
Section 7 of the Plan. 
 “Share” means a share of common stock of the Company, as adjusted
in accordance with Section 13 of the Plan. 
 “Ten Percent Holder” means a person who owns
stock representing more than ten percent (10%) of the combined voting power of all classes of stock of the Company or any Affiliate. 
 “Unrestricted Shares” mean Shares awarded as unrestricted shares as described in Section 8 of the Plan. 

  
 16Auto Finance Operating Agreement

 Exhibit 10.20 
 AUTO FINANCE OPERATING AGREEMENT 
 I. Parties

 This Auto Finance Operating Agreement is made by and between the following parties as of April 30, 2009 (“Effective
Date”): 
  

	A.	Ally Financial Inc., formerly known as GMAC Inc., (“Ally”) and 

 

	B.	Chrysler Group LLC (“Chrysler”). 

 II. Recitals 
  

	A.	Chrysler manufactures, distributes, markets, and sells motor vehicles under various brands, including, “Chrysler”, “Dodge”,
“Jeep”, “RAM”, and “Mopar”, and related goods and services (“Chrysler Products”), which are offered for sale to retail Consumers through a network of dealerships authorized by
Chrysler (“Chrysler Dealers”). 

  

	B.	Ally is a diversified financial services company that directly, and indirectly through its Subsidiaries, provides automotive and non-automotive finance and
lease, insurance, banking, mortgage, lending, and other services to a variety of customers (“Ally Products”). 

  

	C.	As part of its business, Ally: 

  

	 	1.	Supports the sale of Chrysler Products by purchasing from Chrysler Dealers, at market rates and below market rates, motor vehicle retail installment sale
contracts (“Retail Financing”) and motor vehicle lease contracts, including the underlying lease vehicle, (collectively, “Consumer Financing”); 

 

	 	2.	Finances Chrysler Dealers’ acquisition of motor vehicle inventory (“Inventory Financing”) and extend loans and other credit accommodations
for working capital, equipment, and real estate (“Loans”, and, collectively with Inventory Financing, “Dealer Financing”) to Chrysler Dealers; 

 

	 	3.	Makes available to Chrysler Dealers, remarketing and related auction services for the purchase and sale of used vehicles, including through proprietary internet
auctions hosted by Ally, such as SmartAuction, (collectively, “Remarketing”); and 

  

	 	4.	Makes available to Chrysler Dealers, insurance products and services, including vehicle inventory insurance, and other dealer insurance products and services,
through Motors Insurance Corporation and its Subsidiaries (collectively, “Insurance”). 

  

	D.	Subject to Section 5.2, Chrysler wants Ally to be Chrysler’s preferred service provider of automotive financial services in the United States, and Ally
wants to be Chrysler’s preferred service provider of automotive financial services in the United States, in each case including the services listed in Recital C above, in each case under the terms and conditions of this Agreement.

 Agreement 
 In consideration of the recitals above, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Chrysler and Ally agree as follows: 

 
  

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 1 

 ARTICLE I    DEFINITIONS 

SECTION 1.1 Definitions. The words in this Agreement have the meanings usually and customarily ascribed to them in commercial contracts,
except that the words defined below, or elsewhere in this Agreement, have the respective meanings ascribed to them as indicated. 
  

	(a)	“Affiliated Entity” means an entity: 

  

	 	(i)	That is a Subsidiary of a party to this Agreement; or 

  

	 	(ii)	That owns a majority of the voting securities of a party to this Agreement; or 

 

	 	(iii)	That Controls, is Controlled by, or is under common Control with a party to this Agreement. 

 

	(b)	“Ally-Financed Dealer” means a Chrysler Dealer to which Ally provides Inventory Financing and/or Loans. 

 

	(c)	“Application” means a credit application in a standard form developed or approved by Ally submitted by or on behalf of a Consumer in connection
with the purchase or lease of a new or used Chrysler vehicle that a Chrysler Dealer submits for Ally’s assessment and credit decision as to whether Ally would purchase a retail installment sale or lease contract that the Chrysler Dealer enters
into with that Consumer, if the Dealer were to offer it for sale to Ally. 

  

	(d)	“Approval” means Ally’s credit decision that it would purchase a retail installment sale or lease contract, if a Chrysler Dealer decides to
offer it for sale to Ally under the terms offered by that Chrysler Dealer as submitted (i.e., not subject to a change in the terms of the contract and/or fulfillment of one or more specific conditions such as additional down payment).

  

	(e)	“Business Day” means any day that is not a Saturday, Sunday or other day on which banks are required or authorized by law to be closed in Auburn
Hills, Michigan or New York, New York. 

  

	(f)	“Capital Markets Disruption” means circumstances where the global credit markets are such that credit is either not available or not available
on commercially reasonable terms to borrowers with credit rating and business prospects similar to Ally for a period of three months or longer. 

  

	(g)	“Confidential Information” means the terms and conditions of this Agreement and/or any information (including data developed from any such
information) in any format that meets all of the following criteria: 

  

	 	(i)	Chrysler, Ally, or their respective Representatives (each a “receiving party”) obtains the information from the other party or its
Representatives (each a disclosing “disclosing party”) before or after the execution of this Agreement; 

  

	 	(ii)	The information relates to the business or financial activities of the disclosing party or its Affiliated Entities; and 

 

	 	(iii)	The information is made available to the receiving party solely to facilitate the receiving party’s performance of this Agreement or otherwise as a result
of the commercial relationship between Chrysler and Ally, or includes information relating to customers and dealerships, pricing, methods, operations, processes, trade secrets, credit programs, financial data, business and financial relationships,
technical data, statistics, technical specifications, documentation, research, development or related information, computer systems, employees, and any results or compilations of the foregoing or is otherwise clearly and conspicuously labeled
“confidential” on its face . 

  

	    	“Confidential Information” does not include any information that: 

 

	 	•	 	 Is or becomes publicly available by any means other than a breach of this Agreement; 

  
 2 

	 	•	 	 Was known by the receiving party before its receipt from disclosing party so long as the source of that information is not known to the receiving party
to be prohibited by contract or applicable law from disclosing that information; or 

  

	 	•	 	 Is independently developed by the receiving party without using information from the disclosing party. 

 

	(h)	“Confidential Personal Information” means all information about Consumers that are individuals, including names, addresses, telephone numbers,
account numbers and lists thereof, and demographic, financial and transaction information for, such Consumers. 

  

	(i)	“Consumer” means: 

  

	 	(i)	An individual who acquires or seeks to acquire Chrysler Products at retail primarily for personal, family, or household purposes; or 

 

	 	(ii)	A Person who acquires or seeks to acquire Chrysler Products at retail for business, commercial, or similar purposes. 

 

	(j)	“Control”, “Controlled”, and derivatives thereof, mean, as to a Person, the direct or indirect power to direct the management and
policies of that Person, whether through the ownership of voting securities, by contract, or otherwise. 

  

	(k)	“Credit Tier” means a category of credit risk determined through Ally’s proprietary risk scoring system. 

 

	(l)	“FICO Score” means the standard consumer credit scoring system commonly used in the United States. 

 

	(m)	“Governmental Authority” means any supranational, international, national, federal, state, or local court, provincial, government, department,
commission, board, bureau, agency, official or other regulatory, administrative, or governmental authority. 

  

	(n)	“Including”, “includes”, and derivatives thereof mean including or includes without limitation. 

 

	(o)	“Law” means any federal, state, local, provincial, or foreign law, statute, ordinance, rule, regulation, judgment, order, injunction, decree,
agency requirement, judicial, agency or administrative opinion having the force of law, license or permit of any governmental authority, or common law. 

  

	(p)	“OEM” means an original equipment manufacturer or distributor of passenger cars and light trucks, but in no event includes a Governmental
Authority. 

  

	(q)	“Person” means any individual, corporation, partnership, joint venture, limited liability company, limited liability partnership, association,
joint stock company, trust, unincorporated organization, or other organization, whether or not a legal entity, and any Government Authority. 

  

	(r)	“Rate Support” means, with respect to financing incentives offered by Chrysler on retail installment sale contracts (including balloon contracts
and any other similar products) that enable Consumers to obtain rates that are below the market rates, the difference between the Support Rate and the below-market rate. 

 

	(s)	“Rate Support Subvention Program” means a Subvention Program involving Rate Support. 

 

	(t)	“Repurchase Triggering Event” means any one or more of the following: 

 

	 	(i)	Chrysler or a Chrysler Dealer terminates such Chrysler Dealer’s dealer sales and service agreement with Chrysler.  

 

	 	(ii)	Ally repossesses, [***], all of a Chrysler Dealer’s assets in which Ally has a first priority perfected security interest, [***]. 

 
  

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 3 

	 	(iii)	A Chrysler Dealer voluntarily surrenders all of its assets in which Ally has a first priority perfected security interest, including surrendering to Ally all of
its new Chrysler motor vehicle inventory financed by Ally. 

  

	(u)	“Representatives” means directors, officers, employees and representatives of a party or its Subsidiaries and each of their respective agents,
representatives, auditors, attorneys, and other professional advisors. 

  

	(v)	“Subsidiary” means, as to a Person, another Person a majority of the voting securities of which are owned by that first Person.

  

	(w)	“Subvention Program” means programs in which Chrysler offers financial subsidies, incentives, capitalized cost reductions, or special terms,
including interest free periods, in each case through a financial services company or bank conditioned upon the Consumer financing or leasing through a financial services company or bank to: 

 

	 	(i)	Chrysler Dealers (excluding any programs in which Chrysler offers payments or subsidies to Chrysler Dealers directly and are not conditioned upon financing
through a financial services company or bank). 

  

	 	(ii)	Consumers, if such programs are conditioned upon financing or leasing through a financial services company or bank. 

 

	    	“subvented”, “subvene”, and their derivatives have similar meanings. 

 

	    	“Subvention Program” does not include a program in which Chrysler offers payments or subsidies to Chrysler Dealers directly or provides cash allowances
or incentives (e.g., “cash on the hood”), in each case not through a financial services company or bank. 

  

	(x)	“Support Rate” means the interest rate Ally offers to Chrysler when Chrysler wants to sponsor special financing rates to Consumers through a Rate
Support Subvention Program. 

  

	(y)	“Unsecured Exposure” means the aggregate amount of any and all financial exposure(s) of Ally and its Subsidiaries in the aggregate to Chrysler and its
Subsidiaries in the aggregate that is not secured by a first priority perfected security interest or lien in favor of Ally (or the applicable Ally entity) against all of the assets of Chrysler, consisting of: 

 

	 	(i)	Subvention Rate Support payments not yet invoiced by Ally; 

  

	 	(ii)	Subvention Rate Support Payments invoiced by Ally, which are past due; ; 

 

	 	(iii)	Guaranty obligations of Chrysler in favor of Ally, if any; 

  

	 	(iv)	Gap insurance obligations of Chrysler, in favor of Ally, if any; and 

 

	 	(v)	Other unsecured exposures as may be agreed between the parties from time to time (e.g., lease subvention or residual support if agreed between the parties
or as determined by the U.S. Coordinating Committee from time to time). 

  

	    	“Unsecured Exposure” does not include: 

  

	 	•	 	 Chrysler’s obligations in connection with Subvention Programs, to the extent Ally has invoiced Chrysler for those amounts and they are not yet
due; 

  

	 	•	 	 Chrysler’s obligations in connection with the repurchase of Chrysler vehicles pursuant to Section 4.4 below; and

  

	 	•	 	 Chrysler’s obligations in connection with any bailment pool arrangements. 

  

  
 4 

	    	In addition, the following terms are used as defined in the specific sections of this Agreement specified below. 

 

			
	 Term
	  	 Section

	 Ally License
	  	11.1
	 Ally Products
	  	Recitals
	 Alternative Volume
	  	3.4(a)
	 Cap
	  	9.1
	 Chrysler Dealers
	  	Recitals
	 Chrysler License
	  	11.2
	 Chrysler Marks
	  	11.2
	 Chrysler Open Account
	  	4.3(a)
	 Chrysler Products
	  	Recitals
	 Compliance Review
	  	10.1
	 Consumer Financing
	  	Recitals
	 Current Dealer
	  	5.2(a)
	 Dealer Financing
	  	Recitals
	 Dealings
	  	2.1(a)
	 Dispute
	  	15.3
	 Force Majeure Condition
	  	15.6
	 Initial Term
	  	12.1
	 Implementing Agreement
	  	2.1(e)
	 Indemnification Clause
	  	13.1(a)
	 Indemnitee
	  	13.1(a)(i)
	 Indemnitor
	  	13.1(a)(ii)
	 Insurance
	  	Recitals
	 Inventory Financing
	  	Recitals
	 Lead Member
	  	6.1(a)(iii)
	 Loans
	  	Recitals
	 Notices
	  	15.5
	 Operational Notices
	  	15.5
	 Organizational Set Up
	  	8.3
	 Remarketing
	  	Recitals
	 Repurchase Triggering Event
	  	4.4
	 Retail Contracts
	  	3.3(b)
	 Retail Financing
	  	Recitals
	 U.S. Coordinating Committee or Committee
	  	6.1

 ARTICLE
II    FRAMEWORK 
 SECTION 2.1 Contractual Framework. 

 

	(a)	This Agreement establishes the contractual framework for dealings between Chrysler and Ally in the United States, including Puerto Rico on a best efforts basis,
related to Consumer Financing, Dealer Financing, Remarketing, and Insurance (individually and collectively “Dealings”). 

  

	(b)	From time to time, at Chrysler’s option and upon reasonable advance notice to Ally, Chrysler may designate as “Chrysler Products” any motor
vehicles sold under a brand of Fiat Group Automobiles S.p.A. and distributed through Chrysler Dealers, in which case this Agreement will apply to such vehicles. 

  
 5 

	(c)	Each party will each use commercially reasonable efforts to cause its respective Subsidiaries in the United States, Canada, Mexico, as applicable, to agree to be
bound by the terms of this Agreement to their dealings by executing one or more Opt-in Agreements in substantially the form attached to this Agreement as Exhibit A. 

 

	 	(i)	Upon execution of an Opt-in Agreement, the Subsidiary accedes to the rights, benefits and obligations of this Agreement, with those specific modifications,
exceptions or additions set forth in a particular Opt-in Letter as necessary or appropriate to reflect operating and financing conditions in the relevant local market. 

 

	 	(ii)	If a Subsidiary ceases to be a Subsidiary of a party, then the other party may terminate all rights and obligations with respect to that former Subsidiary
effective on 60 days’ prior notice. 

  

	 	(iii)	The parties may from time to time agree on the inclusion of their respective Subsidiaries in additional markets into this Agreement, the inclusion of which will
be evidenced by the execution and delivery by such Subsidiaries of additional Opt-in Agreements. 

  

	(d)	Nothing in this Agreement precludes Ally from providing or continuing to provide any financial services to OEMs other than Chrysler or dealers other than Chrysler
Dealers, or from providing or continuing to provide insurance, mortgage, banking, or other non-automotive financial services. 

  

	(e)	The specific terms and conditions related to individual Dealings in the United States that are not captured by this Agreement, or as to which the parties
mutually agree to provide for more specific terms as to a specific transaction, series of transactions, or type of transaction, will be the subject of separate agreements (each an “Implementing Agreement”), and unless Ally and
Chrysler specifically agree otherwise, including in such Implementing Agreement, this Agreement controls to the extent of any direct conflict between this Agreement and any such Implementing Agreement. 

 

	(f)	Chrysler and Ally will reasonably cooperate with one another and assist the other in carrying out the other’s obligations under this Agreement and will
execute and deliver documents and instruments reasonably necessary and appropriate to do so. 

  

	(g)	The terms of this Agreement are intended to preserve the customer loyalty and dealer support benefits that would accrue to Chrysler as an OEM with an exclusive
financing affiliate, while at the same time assuring that Ally receives a competitive level of return. 

  

	(h)	Ally recognizes Chrysler’s desire to grow its automotive business and will continue to support Chrysler in that effort to the extent that it is consistent
with Ally’s business interests. 

  

	(i)	[***]. 

  

	    	[***]. 

  

 

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 6 

 ARTICLE III    CONSUMER FINANCING 

SECTION 3.1 General Service Obligations. 
  

	(a)	In the United States, Ally will provide full and fair consideration to Applications spanning a broad spectrum of prime and nonprime Consumers received from a
Chrysler Dealer with whom Ally has a Retail Financing relationship, applying credit risk underwriting standards consistent with its general practices for Consumer Financing, and will purchase such contracts, if appropriate in Ally’s sole
discretion in accordance with its usual and customary standards for creditworthiness, subject to applicable safety and soundness standards . 

  

	(b)	Ally’s decision whether to provide Consumer Financing to any Consumer will be made in its sole and absolute discretion and pursuant to its business judgment,
without any influence by Chrysler (but this does not prohibit Chrysler from communicating with Ally about any aspect of Ally’s performance as a financial service provider under the Agreement). 

 

	(c)	Ally will provide assistance to Chrysler Dealers with whom Ally has a Retail Financing relationship to finalize Consumer contracts related to Consumer Financing,
consistent with its general practices as discussed from time to time with the U.S. Coordinating Committee. 

  

	(d)	Ally will actively work to facilitate the ease of doing business, completing transactions, and minimizing and resolving disputes with Chrysler, Chrysler Dealers,
and Consumers, in each case consistent with its general practices as discussed from time to time with the Coordinating Committee. 

  

	(e)	Ally will not take any measures that are inconsistent with market practice that reduce the likelihood that Consumers will seek to finance purchases through Ally
(e.g., through onerous application fees, etc). 

 SECTION 3.2 Subvention Programs. 

 

	(a)	Chrysler will, in its sole discretion, set all terms and conditions of all Subvention Programs, including Consumer eligibility, program dates, covered Chrysler
Products, base prices of Chrysler Products eligible for Subvention, applicable Consumer credit tiers, lending duration of offered Consumer Financing products (e.g., 36 months, 60 months, etc.), and geography, and a Subvention Program may
contain any terms and conditions (e.g., it may relate to one or more Chrysler Products, one or more Chrysler brands, and one or more Consumer credit tiers), in each case subject to Section 3.2(a)(i) and (a)(ii) below.

  

	 	(i)	Chrysler will not design a Subvention Program that contains more than one type of underlying financial product (e.g., a single Subvention Program may not
contain both lease and retail installment sale contract products), however nothing in this Agreement restricts Chrysler from operating several Subvention Programs at any particular time or offering Consumers a choice between alternative Subvention
Programs; and 

  

	 	(ii)	Chrysler will not intentionally design a Chrysler Subvention Program with the intent of excluding Ally’s participation in such Subvention Program, but
Chrysler will not be restricted from operating a Subvention Program on the basis that Ally has indicated an inability or unwillingness to participate in such a Subvention Program or, in fact, does not participate in such a Subvention Program.

  

	(b)	Chrysler will use commercially reasonable efforts to inform Ally, including by e-mail or other electronic means, of all Subvention Programs at least five
Business Days before the scheduled start date (except for routine special rate and special residual support changes, notice of which may be given one Business Day before the scheduled start date). 

  
 7 

	 	(i)	If Chrysler does not provide Ally at least five Business Days’ notice of such a Subvention Program, Ally will nevertheless use commercially reasonable
efforts to implement that Subvention Program to the extent reasonably and practically possible under the circumstances. 

  

	 	(ii)	After receipt of notice of such a Subvention Program, Ally will notify Chrysler as promptly as practicable if Ally is unwilling or unable to implement or
participate in that Subvention Program. 

  

	 	(iii)	If Ally cannot implement a Subvention Program concept as proposed by Chrysler, then Chrysler and Ally will reasonably cooperate to find a workable solution, if
any, but: 

  

	 	(A)	Ally is not bound to participate in such Subvention Program; and 

  

	 	(B)	Chrysler is not bound to modify its proposed Subvention Program concept in order to accommodate Ally’s participation. 

 

	(c)	Chrysler will solicit input from Ally as to individual Subvention Programs and will consult in good faith with Ally as to the terms and conditions of individual
Subvention Programs to facilitate Ally’s ability to provide Retail Financing to support Chrysler’s business, but Chrysler is not bound to implement or modify the terms of any particular proposed Subvention Program in response to
Ally’s input and will remain free, subject to Chrysler’s specific obligations in this Agreement, to design and implement Subvention Programs in its discretion. 

 

	(d)	Chrysler will allow Ally to participate in any and all Subvention Programs on a side-by-side basis with any and all other financing sources.

 SECTION 3.3 Exclusivity and Related Terms for Rate Support Subvention Programs. Whenever Chrysler offers Rate
Support Subvention Programs, it will do so through Ally on a semi-exclusive basis as follows: 
  

	(a)	Before November 1, 2009, Chrysler may offer Subvention Programs through third parties, so long as it simultaneously offers Ally the opportunity to
participate in those Subvention Programs on a side-by-side basis. 

  

	(b)	From November 1, 2009 through April 30, 2010, the aggregate number of retail installment sale contracts, balloon contracts, and any other similar
products (individually and collectively, “Retail Contracts”) dated and booked during this period under Rate Support Subvention Programs that Chrysler offers through Ally exclusively must equal at least [***]% of the total number of
Retail Contracts dated and booked under all Rate Support Subvention Programs offered during that time period (i.e., Chrysler must use Ally exclusively for at least [***]% of its subvented Rate Support business and may use Ally non-exclusively for up
to [***]% of its subvented Rate Support business), subject to Section 3.4 below (“Initial Threshold”). 

  

	(c)	Starting May 1, 2010, the aggregate number of Retail Contracts booked under Rate Support Subvention Programs that Chrysler offers through Ally exclusively
must equal at least [***]% of the total number of Retail Contracts booked under all Rate Support Subvention Programs offered by Chrysler (i.e., Chrysler must use Ally exclusively for at least [***]% of its subvented Rate Support business and may use
Ally non-exclusively for [***] of its subvented Rate Support business), subject to Sections 3.4 below, measured on a quarterly basis (“[***]% Threshold” and, together with the Initial Threshold, the “Exclusivity
Thresholds”). 

  

	(d)	Chrysler’s compliance with the Exclusivity Thresholds will be reported to and assessed by the Coordinating Committee on a calendar quarterly basis, with
compliance during any calendar quarterly periods in which an Exclusivity Threshold applied in part only (i.e., the quarterly period ending December 31, 2009) or in which more than one Exclusivity Threshold applied (i.e., the
quarterly period ending June 30, 2010) being determined on the basis of a weighted average of the Retail Contracts dated and booked during the calendar quarterly periods. 

 
  

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 8 

	(e)	Chrysler will provide to the Coordinating Committee information reasonably sufficient to determine Chrysler’s compliance with Sections 3.3(b) and
(c) above within the following timeframes: 

  

	 	(i)	For the Initial Threshold: by the first Coordinating Committee meeting in August, 2010. 

 

	 	(ii)	For the [***]% Threshold: at the first meeting of the Coordinating Committee occurring after the end of each calendar quarter for Retail Contracts dated within,
and booked to, the quarter that just ended. 

  

	(f)	The Coordinating Committee for each individual market (US, Canada, and Mexico) will use commercially reasonable efforts to develop and to implement a business
plan to achieve the [***]% Threshold for each individual market (United States, Canada, and Mexico). 

  

	 	(i)	The business plan will include guidelines for the parties’ operational implementation and timelines for achieving the Exclusivity Threshold by individual
market (United States, Canada, and Mexico). 

  

	 	(ii)	Any failure to develop and implement the plan does not relieve Chrysler of its obligations under this Section 3.3. 

SECTION 3.4 Capital Markets Disruption. Ally and Chrysler will reasonably and mutually determine whether a Capital Markets Disruption has
occurred, and if so, when it ends. 
  

	(a)	If Ally and Chrysler have agreed that Capital Markets Disruption has occurred, and [***], then: 

 

	 	(i)	Chrysler’s obligations under Section 3.3(b) or 3.3(c) above, as applicable, are suspended, and Chrysler may offer that Rate Support Subvention
Program(s) on terms consistent with those offered to Ally through one or more third parties on a temporary basis, so long as the terms and conditions are consistent with those offered to Ally, (“Alternative Volume”) until Ally has
notified Chrysler that the Capital Markets Disruption has ended. 

  

	 	(ii)	Upon 30 days’ notice to Chrysler that it is able or willing to do so, Ally may participate in such Rate Support Subvention Program on a side-by-side basis
with any other financial services provider that has previously agreed to participate in such Rate Support Subvention Program, but any Alternate Volume will not be counted against the applicable Exclusivity Threshold(s). 

 

	(b)	Upon Ally’s notice that the Capital Markets Disruption has ended, Chrysler’s exclusivity obligations under Section 3.3(b) or 3.3(c) above, as
applicable, are automatically and immediately reinstated six months from the date of Ally’s notice that the Capital Markets Disruption has ended, and from that time any and all Alternative Volume will be counted against the applicable
Exclusivity Threshold(s). 

  

	(c)	If Ally and Chrysler have not agreed that a Capital Markets Disruption has occurred (i.e., Ally and Chrysler believe that no Capital Markets Disruption has
occurred or only one believes it has occurred), and [***], then: 

  

	 	(i)	[***]; 

  

	 	(ii)	[***]. 

  

	 	(iii)	[***]; 

  

 

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 9 

	 	(iv)	[***]. 

 SECTION 3.5 Rate Support.
For Rate Support Subvention Programs: 
  

	(a)	Rate support pricing is based on a [***] methodology, [***]. 

  

	 	(i)	Ally represents to Chrysler that: 

  

	 	(A)	Ally will determine rate support pricing using a base rate calculated consistent with certain of its pre-existing relationships with other OEMs.

  

	 	(B)	The Support Rate will not exceed in any case [***]. 

  

	 	(ii)	Ally will adjust the formula for the calculation of [***]. 

  

	 	(iii)	Ally will be transparent in pricing methodology to Chrysler (including formula and parameters), but Ally has no obligation to reveal information specific to any
other OEMs with which Ally does business. 

  

	 	(A)	On an annual basis, Ally will review its rate support pricing methodology with Chrysler, subject to the terms of this Agreement. 

 

	 	(B)	On a quarterly basis, Ally will advise the Coordinating Committee of any changes in rate support pricing methodology, subject to the terms of this Agreement.

  

	(b)	Ally will establish the Support Rates. 

  

	 	(i)	Ally may vary the applicable Support Rate by factors that [***], in each case consistent with its obligations under Section 3.5(a)(i)(B), (ii), and (iii).

  

	 	(ii)	The parties expect that Support Rates will be in effect for a month at a time, however, Ally may change the Support Rate during a calendar month upon at least
fourteen calendar days’ notice to Chrysler before the effective date of the change. 

  

	(c)	Chrysler will pay to Ally the amount of any Rate Support: 

  

	 	(i)	Discounted to present value at the applicable Support Rate; and 

  

	 	(ii)	Further discounted for expected pre-payments. 

  

	(d)	For each month that a Rate Support payment is due to Ally: 

  

	 	(i)	Ally will send Chrysler an invoice by the fifth business day of the following month indicating the amount of Rate Support payment for the immediately preceding
month (e.g., Ally will send Chrysler an invoice by December 7, 2009 for a Rate Support payment owed for contracts booked in November 2009). 

  

	 	(ii)	 Chrysler will pay Ally the full invoice amount, without setoff, recoupment, or any other deduction (regardless of whether Chrysler disagrees
with the invoice amount), by the 18th calendar day of the
month, or if the 18th calendar day is not also a Business
Day, then by the Business Day that next follows the 18th
calendar day. 

  
  

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 10 

	 	(iii)	If Chrysler disagrees with the invoice amount, then subject to Section 3.5(d)(ii) above, it may invoke the Dispute resolution process under
Section 15.3 of this Agreement for any disputed portion of the invoiced amount. 

 SECTION 3.6 Leases.

  

	(a)	Ally has no obligation to offer incentivized or standard leases for Chrysler Products. 

 

	(b)	[***]. 

  

	(c)	[***]. 

  

	(d)	[***]. 

  

	(e)	[***]. 

 ARTICLE
IV    DEALER FINANCING 
 SECTION 4.1 General Service Obligations. 

 

	(a)	In the United States (including Puerto Rico on a best efforts basis), Ally will provide full and fair consideration of any application for Dealer Financing
received from a Chrysler Dealer, applying commercial lending credit risk underwriting standards consistent with Ally’s general practices for Dealer Financing and will provide Dealer Financing to the Chrysler Dealer, if appropriate in
Ally’s sole discretion in accordance with its usual and customary commercial lending standards, subject to safety and soundness requirements and, absent a default by the dealer, the minimum guidelines described in Exhibit B of this
Agreement, at the rate of return that Ally considers to be appropriate under the circumstances. 

  

	(b)	Ally’s decision whether to provide Dealer Financing to any Chrysler Dealer will be made in Ally’s sole and absolute discretion and pursuant to its
business judgment, without influence by Chrysler (but this does not prohibit Chrysler from communicating with Ally about Ally’s performance under this Agreement or any other matter). 

 

	(c)	Nothing in this Agreement requires either Chrysler or Ally in its respective good faith business judgment to support the other party or any Ally-Financed Dealer in
resolving any disputes or claims, but rather each party is permitted to support the other if, and to the extent, it wants to do so. 

  

	(d)	Chrysler will use reasonable efforts to facilitate a positive relationship between Ally and Chrysler Dealers and in particular, to promote its association with
Ally to Chrysler Dealers and seek to create an awareness among Chrysler Dealers of benefits available to them by dealing with Ally. 

  

	(e)	Nothing in this Agreement affects Chrysler’s rights or obligations as to any Chrysler Dealer, or Ally’s rights or obligations as to any Ally-Financed
Dealer. 

  
  

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 11 

	(f)	Nothing in this Agreement is intended to permit Ally, or to create a right in Ally, to influence any act or omission by Chrysler as manufacturer, seller, and
distributor of Chrysler Products to Chrysler Dealers, or to permit Chrysler, or create a right in Chrysler, to influence any act or omission by Ally as a provider of Dealer Financing to Chrysler Dealers. 

SECTION 4.2 Chrysler Dealer Information. 
  

	(a)	Chrysler will provide to Ally direct access to Chrysler’s information technology systems to facilitate direct billing of new vehicle inventory and to assist
Ally in monitoring accounts and dealer inventories, including, without limitation, dealer sales data, dealer financial data, vehicle price information, and sales and production forecasts, subject in each case to the availability of such data on
Chrysler’s information technology systems and to any requirements of applicable Law. 

  

	(b)	Subject to requirements of applicable Law, Chrysler and Ally will: 

  

	 	(i)	Cooperate in promptly providing information to, and consulting with, each other in good faith with regard to the operating and financial condition of
Ally-Financed Dealers identified by Chrysler or Ally as “troubled dealers”, for the purpose of identifying potential problems, promoting solutions, and minimizing risks to Chrysler and Ally. 

 

	 	(ii)	Use commercially reasonable efforts to notify the other party before implementing any decision terminate its relationship with an Ally-Financed Dealer.

  

	 	(iii)	Upon request from the other party, use commercially reasonable efforts to provide reasonable assistance in resolving issues with Ally-Financed Dealers, including
default and litigation situations, inventory restrictions, suspensions or terminations, requests to divert inventory to other Chrysler Dealers to the extent possible or practicable, options to repurchase new vehicle inventory, and assignment of
funds due from Chrysler, subject to the provisions of this Agreement. 

 SECTION 4.3 Security Enhancements. Chrysler
will not prohibit Chrysler Dealers from providing guaranties and/or additional security or credit enhancements to Ally, including granting a security interest in accounts payable owed by Chrysler to Chrysler Dealers. 

SECTION 4.4 Vehicle Repurchase. Upon a Repurchase Triggering Event as to a Chrysler Dealer, Chrysler will repurchase all new Chrysler
vehicles (including “Chrysler”, “Dodge” “RAM” and “Jeep” branded vehicles) in that Chrysler Dealer’s inventory that were invoiced by Chrysler and financed by Ally after May 1,
2009 (regardless of whether another lender was the original or a subsequent finance source, e.g., dealer trades, re-allocations of inventory by Chrysler, etc.), subject to the following terms and conditions: 

 

	(a)	Chrysler’s obligation to repurchase inventory from a Chrysler Dealer under this Agreement does not apply to any vehicles meeting the following conditions,
unless otherwise required under applicable state franchise law: 

  

	 	(i)	Any vehicle with mileage above [***] miles. 

  

	 	(ii)	Any vehicle with material damage or missing equipment that either: 

  

	 	A.	[***]; or 

  

	 	B.	[***]. 

  

	 	(iii)	Upfit or Chrysler Dealer altered or modified units, except any upfit units re-allocated by Chrysler from one Chrysler Dealer to another (through dealer trades or
otherwise). 

  

	(b)	The periods for Chrysler’s repurchase obligation under this Agreement are as follows: 

 
  

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 12 

			
	 	 
	 New vehicles
financed by Ally from and after May 1, 2009:
  
	  	One year from original invoice date.
	 	 
	 Dealer trade
vehicles from and after May 1, 2009:
  
	  	One year from original invoice date.
	 	 
	 Inventory
existing before May 1, 2009 and re-allocated by Chrysler as contemplated by the MAFA Term Sheet, dated April 30, 2009 (through dealer trades or otherwise):

 
	  	One year from re-allocation date.
	 	 
	 Inventory
existing before May 1, 2009 and re-financed by Ally in a “take-out” of the Chrysler Dealer’s lender:
  
	  	Six months from “take-out” date.

 

	(c)	The repurchase price for each repurchased vehicle is the full amount for which Chrysler drafted on Ally, or the amount advanced by Ally, in each case without
deduction for dealer holdback, advertising, transportation, etc. but less any principal reductions already paid to Ally before the repurchase. 

  

	(d)	Chrysler will pay Ally the repurchase price within [***] calendar days of the Repurchase Triggering Event. 

 

	(e)	If Chrysler fails to pay Ally the repurchase price when due, then Chrysler will pay interest on the amount due from the due date until the date of payment at the
then-current interest rate that Ally charges the relevant Chrysler Dealer for Inventory Financing. 

  

	(f)	Any vehicle repurchase will occur at the relevant Chrysler Dealer’s location, or at another location reasonably agreed between the parties that is within
[***] miles of such Chrysler Dealer’s location. 

  

	(g)	Upon Ally’s receipt of the Repurchase Price for a vehicle, Ally will send Chrysler any related document of title, title, and/or certificate of origin that is in
Ally’s actual, physical possession, and in the event the applicable Repurchase Triggering Event is a repossession or voluntary surrender, Ally will use commercially reasonable efforts to obtain such document or certificate.

  

	(h)	Chrysler’s vehicle repurchase obligations under this Agreement are in addition to any applicable state franchise law or other legal requirements related to new
vehicle repurchase (e.g., dealer sales and service agreement). 

  

	(i)	Ally’s security interest in any repurchased vehicle remains fully intact until Ally is paid the repurchase price for the repurchased vehicle.

  

	(j)	Notwithstanding Section 12.1, Chrysler and Ally may terminate the foregoing provisions on vehicle repurchase upon their mutual agreement at any time on a prospective
basis, but vehicles invoiced by Chrysler and/or financed by Ally before the termination effective date remain subject to the foregoing provisions on vehicle repurchase. 

ARTICLE V    OTHER SERVICES 
 SECTION 5.1 Remarketing. Ally will make Remarketing services available to Chrysler Dealers, subject to and in accordance with Ally’s eligibility criteria and other applicable policies.

 SECTION 5.2 Insurance. [***]: 
  

 

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 13 

	(a)	[***]. 

  

	(b)	[***]. 

  

	(c)	[***]. 

 SECTION 5.3 Marketing,
Promotion, and Advertising. Chrysler and Ally will offer each other the following marketing, promotional, and advertising services, subject to mutually agreeable terms and conditions, including costs, outlined in Implementing Agreements.

  

	(a)	As to Consumer Financing: 

  

	 	(i)	Chrysler will include references to “Ally”, and/or “Ally Bank” (as determined by Ally) where appropriate in Chrysler’s advertising and
marketing materials for Subvention Programs in which Ally participates. 

  

	 	(ii)	Chrysler will give good faith consideration to Ally for future affinity-related financial services opportunities (e.g., credit card programs).

  

	 	(iii)	Chrysler will offer Ally opportunities to include messages about Ally products and programs in Chrysler mailings to customers. 

 

	 	(iv)	Ally will offer Chrysler opportunities to include messages about Chrysler Products and programs on billing statements sent to Ally’s Chrysler customers.

  

	 	(v)	Chrysler will offer Ally opportunities to participate in appropriate international, national, regional, and local promotional events sponsored by Chrysler or
with which Chrysler is affiliated. 

  

	 	(vi)	Chrysler and Ally may each offer the other’s employees opportunities to participate in certain marketing programs directed at their own employees.

  

	 	(vii)	Ally and Chrysler will offer each other opportunities to place on their respective websites weblinks to the other’s public websites, so long as the linked
websites are appropriately branded, and the landing page of the Ally linked website does not include links to a website of any other OEM. 

  

	 	(viii)	Ally and Chrysler will handle customer inquiries and complaints about Subvention Programs in which Ally participates, and/or about Chrysler Products that are
properly addressed by the other party by forwarding them in a timely and professional manner to the relevant department of the other party for resolution. 

 

	(b)	As to Dealer Financing Chrysler will: 

  

	 	(i)	Provide Ally reasonable access to Chrysler Dealers to enable Ally to train Chrysler Dealers about Ally products at Ally’s sole cost.

  

	 	(ii)	Allow Ally to participate reasonably in Chrysler-produced or Chrysler-sponsored publications for employee or external audiences. 

 
  

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 14 

	 	(iii)	Allow Ally to provide to Chrysler Dealers information about Ally Products and provide Ally reasonable access to Chrysler Dealers through Chrysler websites and
other appropriate Chrysler systems for Chrysler Dealers. 

  

	 	(iv)	Assist Ally in administering and promoting of programs to provide incentives to Chrysler Dealers to use and promote Ally Products. 

 

	 	(v)	Allow Ally to participate reasonably in planning and communicating programs pertaining to Chrysler Dealers. 

 

	(c)	Ally and Chrysler will make joint sales contacts with Chrysler Dealers, customers, and potential customers for fleet and small business sales, as appropriate
with a view to expanding fleet and small business sales profitably. 

  

	(d)	Chrysler will notify Ally about, and will offer Ally reasonable opportunity to participate in, and receive any written materials provided at, scheduled local,
regional, and/or national meetings of Chrysler Dealers, subject to the following: 

  

	 	(i)	Chrysler may in its good faith business judgment determine that: 

  

	 	(A)	Ally’s attendance is not appropriate for a specific portion of any meeting or specific agenda item(s) in a meeting. 

 

	 	(B)	Ally’s receipt of certain written materials is not appropriate, in which case Ally will not attend such portions of the meeting or receive such materials.

  

	 	(ii)	In its discretion, Chrysler may provide Ally with notice of, and an opportunity to attend other meetings pertaining to, marketing plans, incentive strategies, or
tactics. 

 ARTICLE VI    COORDINATING COMMITTEE 

SECTION 6.1 Coordinating Committee. Chrysler and Ally hereby create a committee to be responsible for considerations around joint policies
and programs and coordination of joint activities between them and to serve as the initial arbiter of disputes that cannot be resolved between the parties at the operating level (“Coordinating Committee” or
“Committee”). 
  

	(a)	The total membership of the Coordinating Committee will be between six and ten, as agreed from time to time by the Committee. 

 

	 	(i)	Each of Chrysler and Ally will designate an equal number of Committee members, and each may designate up to five ad hoc members. 

 

	 	(ii)	Members and ad hoc members will be employees of Chrysler (or an affiliate of Chrysler) and Ally, respectively, with a reasonable degree of decision-making
authority in order to facilitate prompt and efficient resolution of matters before the Committee, unless the Committee agrees otherwise. 

  

	 	(iii)	Each of Chrysler and Ally will designate one of their Committee members to be the lead member, who will be the principal point of contact and coordination
outside of formal Committee meetings (“Lead Member”). 

  

	 	(iv)	Additional guests with applicable expertise may attend meetings by invitation of the Committee. 

 

	 	(v)	Schedule I lists the initial members, initial Lead Members, and other initial member designations by Chrysler and Ally to the Committee.

  
 15 

	(b)	The Committee will appoint one of its members as the Committee Chair for purposes of coordinating meeting discussions, and the position of Chair will rotate
between members designated by Chrysler and members designated by Ally each May 1, unless otherwise agreed by the Committee. 

  

	(c)	The Committee will appoint one of its members as Secretary of the Coordinating Committee and the position of Chair will rotate between members designated by
Chrysler and members designated by Ally each May 1, unless otherwise agreed by the Committee. 

  

	 	(i)	If a Chrysler member is the Committee Chair, then the Secretary will be an Ally member, and if an Ally member is the Committee Chair, then the Secretary will be
a Chrysler member. 

  

	 	(ii)	The Secretary will, among other things: 

  

	 	(A)	Work with the Lead Members to prepare an agenda for each meeting; 

  

	 	(B)	Prepare minutes of meetings, which will be circulated to the Lead Members for approval in advance of being finalized and distributed to the Committee and ad hoc
members; and 

  

	 	(C)	Establish an annual calendar of regular meetings. 

  

	(d)	The Committee will hold regular meetings on a monthly basis. 

  

	 	(i)	Each Lead Member may call a special meeting of the Committee, as deemed appropriate. 

 

	 	(ii)	Attendance at any meeting may be by telephone. 

  

	 	(iii)	At least two members from each of Chrysler and Ally are necessary for a quorum at any regular or special Committee meeting. 

 

	 	(iv)	If the person then designated as Chair or Secretary is not present at any meeting, replacement(s) may be established for purposes of that meeting.

  

	(e)	Committee decisions will be by consensus; i.e., Chrysler members collectively have one “vote” and Ally members collectively have one “vote”,
with consensus required for action to be taken. 

  

	(f)	The Committee will conduct an ongoing review of the parties’ joint and independent efforts under this Agreement. 

ARTICLE VII    INFORMATION REPORTS 
 SECTION 7.1 Information, Reports, and Service Level Metrics. Chrysler and Ally will prepare and deliver to each other on a regular, timely basis, such information and reports
as the other reasonably requests or requires from time to time regarding any and all aspects of the Dealings under this Agreement, to the extent that such information or reports are not privileged; subject to contractual or other use and/or
disclosure restrictions; or are reasonably determined to be either too sensitive for disclosure or too burdensome to produce by the disclosing party, in all cases as determined by the disclosing party in its good faith business or legal judgment,
including that: 
  

	(a)	Ally will meet with Chrysler periodically via the Coordinating Committee, as well as upon reasonable request, to discuss current and projected financing needs
for Chrysler Dealers and Consumers, and Ally will periodically provide to Chrysler a funding plan designed to meet these financing needs. 

  

	(b)	Ally will provide to Chrysler through the monthly Coordinating Committee meetings benchmark pricing and standard rates of other automotive retail lenders (on an
anonymized basis, if Ally so chooses). 

  

	(c)	Chrysler will, to the extent authorized to do so (under, for example, dealer sales and service agreements with Chrysler or dealer finance agreements with Ally), provide
to Ally customary information concerning the Ally-financed Chrysler Dealer network, including, monthly dealer financial statements, and daily retail sale reporting. 

  

  
 16 

	(d)	Upon Chrysler’s request, and subject to Section 7.1(g) below, Ally will provide to Chrysler information and regular reports to facilitate Chrysler’s
understanding of wholesale and retail financing dynamics and Ally’s volume, breadth, and depth of credit buying, including the following: 

  

	 	(i)	Daily Application volume and Approvals by FICO Scores (broken down by Prime, Near-Prime and Subprime) and by Credit Tier by business center; 

 

	 	(ii)	Daily cashing volume and rates by Credit Tier and by FICO Scores (broken down by Prime, Near-Prime and Subprime) by business center; and 

 

	 	(iii)	Monthly penetration reports by subvented and standard rates (e.g., book-to-Approval) by vehicle line. 

 

	(e)	The breakdown of [***] will be determined from time to time by the Coordinating Committee. 

 

	(f)	Ally will provide to Chrysler current service level metrics that Ally monitors in the ordinary course of business. 

 

	 	(i)	Ally and Chrysler will mutually agree which of these metrics will be used by the Coordinating Committee to measure Ally’s performance under this Agreement.

  

	 	(ii)	The Coordinating Committee will review the agreed-upon metrics, along with the bi-annual National Auto Dealers Association survey (survey applies only for the United
States), and determine scorecards to apply against these metrics and options to remedy any shortfall in performance as measured against these scorecards from time to time. 

 

	(g)	Ally will provide Chrysler package of OEM reports related to Consumer Financing, which will include information and statistics on Applications (including
Approvals, rejections, and qualifications), contracts booked, terminated contracts, termination schedules, rate and residual support, and other information for the month and for the calendar year-to-date, with most of it available by brand, model,
and/or region. 

  

	(h)	The reports contemplated by this Section 7.1 will be provided in the forms approved by the Coordinating Committee (with any changes subject to approval of the
Coordinating Committee). 

 ARTICLE VIII    OPERATING PRINCIPLES 

SECTION 8.1 Credit Policies. Ally will provide Consumer Financing and Dealer Financing services contemplated by this Agreement under its
credit policies. 
  

	(a)	Ally’s credit policies are the sole responsibility, and under the sole control, of Ally. 

 

	(b)	Upon Chrysler’s reasonable request, Ally will provide to Chrysler copies of Ally’s credit policies currently in effect at the time of the request.

 SECTION 8.2 Risks. 
  

	(a)	Subject to Ally’s credit policies and the terms below, Ally (as opposed to Chrysler) will provide any financing and funding for the Consumer Financing and
Dealer Financing services contemplated by this Agreement and will bear all risks in connection with these services, including credit risk and residual value risk, unless Ally and Chrysler expressly agree otherwise. 

 

	(b)	Any financing and funding by Ally for the Consumer Financing and Dealer Financing services contemplated by this Agreement will be on a non-recourse basis as to
Chrysler, excluding Chrysler’s vehicle repurchase obligations under this Agreement and/or applicable Law, and Chrysler will not bear the credit risk for the financing and funding, in each case unless otherwise mutually agreed
(e.g., in connection with a specific Subvention Program). 

  

 

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 17 

 SECTION 8.3 Organizational Set-up. In recognition of the fact that a long-term major customer
of Ally is a principal competitor of Chrysler, Ally will work with Chrysler in good faith to develop mutually agreeable customized service arrangements (collectively “Organizational Set-up”). 

 

	(a)	Ally and Chrysler will work in good faith to agree on a plan for implementing the Organizational Set-up, including milestones and “deliverables”, and
any cost-sharing. 

  

	(b)	As part of the Organizational Set-up efforts, Ally will transition to a dedicated Chrysler sales force in Ally’s metro markets and other regions, as agreed
by Ally and Chrysler, including any exceptions (e.g., multi-franchise operators). 

  

	(c)	As part of the Organizational Set Up Efforts, if Ally maintains a company car fleet for its employees, then Ally will use commercially reasonable efforts to
incorporate Chrysler motor vehicles into such fleet, and as to any such company car fleet. 

  

	 	(i)	Ally will use commercially reasonable efforts to have the proportion of Chrysler vehicles in any such fleet be at least proportional to the outstandings of
Ally’s Chrysler Retail Financing portfolio as compared with the Retail Financing portfolios of other OEMs, so long as Chrysler provides pricing discounts that are substantially similar to, or better than, its volume-incentive program in effect
as of June 30, 2010. 

  

	 	(ii)	Notwithstanding any contrary provision in this Agreement, Ally is not obligated to maintain a company car fleet for its employees. 

 

	(d)	Ally will use commercially reasonable efforts to provide the Consumer Financing, Dealer Financing, Remarketing, and Insurance services contemplated by this
Agreement using a name other than “GMAC”, in each case as soon as reasonably practical. 

 SECTION 8.4
Cross-selling. Chrysler and Ally intend to develop a relationship in which Ally will become Chrysler’s preferred financial services provider, and in this regard Chrysler and Ally will explore in good faith opportunities
cross-selling across their respective customer bases and for revenue sharing, in each case with respect to financial and other services not explicitly described in this Agreement. 
 SECTION 8.5 Form of Customer Agreements. The form and content of all Dealer Financing, Consumer Financing, Remarketing, Insurance and other agreements and documents with Chrysler Dealers and
Chrysler Consumers are in Ally’s sole discretion and responsibility. 
 SECTION 8.6 Non-discrimination. [***]: 

 

	(a)	[***]. 

  

	(b)	[***]. 

 ARTICLE
IX    UNSECURED EXPOSURE CAP 
 SECTION 9.1 Unsecured Exposure Cap. [***]. 

 
  

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 18 

	(a)	[***]. 

  

	(b)	[***]. 

  

	(c)	[***]. 

  

	(d)	[***]: 

  

	 	(i)	[***]. 

  

	 	(ii)	[***]. 

 ARTICLE
X    AUDITS BY THE PARTIES 
 SECTION 10.1 Review Rights. Upon at least three Business Days’ prior
notice from one party, the other party will provide reasonable access, during regular business hours, to its files, books, and records pertaining to the services contemplated by this Agreement for the purpose of confirming the other’s
compliance with this Agreement (“Compliance Review”). 
  

	(a)	Neither Ally nor Chrysler is entitled to perform a Compliance Review more than once in any six month period, except that if Chrysler breaches Section 3.3(b)
or 3.3(c), or if Ally breaches Section 3.5(a) or Section 8.6, then in each case the non-breaching party may perform a Compliance Review once every 30 days to audit compliance with those provisions but only until such time as a Compliance
Review demonstrates to the non-breaching party’s reasonable satisfaction that such breach has been cured. 

  

	(b)	Each Compliance Review will be limited in duration, manner, and scope reasonably necessary and appropriate to confirm compliance with this Agreement.

  

	(c)	Neither Ally nor Chrysler is obligated to provide any access or information, if it would violate any obligation of confidentiality or applicable Law or other
legal restriction, but in such cases the parties will reasonably cooperate to facilitate independent third party expert review, to the extent reasonably and legally possible, of any information relevant to any provisions of this Agreement that may
otherwise be subject to any such Law or other legal restriction. 

  

	(d)	Compliance Audits by either party must be conducted by individuals who have sufficient knowledge and expertise regarding the matters being audited.

  

	(e)	Neither Chrysler nor Ally is required to “train” the other’s auditors regarding the matters being audited. 

 
  

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 19 

 ARTICLE XI    INTELLECTUAL PROPERTY LICENSES 

SECTION 11.1 License of Ally Name, Logo, Trademark. Effective upon Ally’s notice to Chrysler, Ally hereby grants to Chrysler a
royalty-free, non-exclusive, non-transferable sublicense to use and display the “Ally” name, logo, and trademark, (individually and collectively “Ally Marks”) in performing the services contemplated by this Agreement and
otherwise in connection with Chrysler’s business related to Ally and/or Ally Bank (“Ally License”). 
  

	(a)	Chrysler will not, during the term of this Agreement or thereafter: 

 

	 	(i)	Attack the validity of the Ally Marks. 

  

	 	(ii)	Do or permit to be done any act or thing that will in any way impair the rights of Ally as to the Ally Marks. 

 

	 	(iii)	Attempt to register the Ally Marks alone or as part of its own trademarks. 

 

	 	(iv)	Use or attempt to register any marks confusingly similar to the Ally Marks. 

 

	(b)	Chrysler may sublicense its rights under this Agreement to use any of the Ally Marks for purposes related to the performance of its obligations under this
Agreement, but any such sublicense terminates upon the termination of this Agreement, except to the extent necessary to comply with Section 12.1(c) below. 

 

	(c)	Chrysler will use and display the Ally Marks only in the form, color, dimension, and manner approved by Ally. 

 

	(d)	The Ally License terminates when this Agreement expires or terminates, except to the extent necessary to comply with Section 12.1(c) below.

 SECTION 11.2 License of Chrysler Names, Logos, Trademarks. Chrysler hereby grants to Ally a royalty-free,
non-exclusive, non-transferable sublicense to use and display the “Chrysler”, “Dodge”, “Jeep”, “Mopar”, and “RAM” names, logos, and trademarks, and the Pentastar
logo and trademark, (individually and collectively “Chrysler Marks”) in performing its obligations under this Agreement and otherwise in connection with Ally’s business related to Chrysler (“Chrysler License”).

  

	(a)	Ally will not, during the term of this Agreement or thereafter: 

  

	 	(i)	Attack the validity of the “Chrysler” trademark. 

  

	 	(ii)	Do or permit to be done any act or thing which will in any way impair the rights of Chrysler as to any “Chrysler” trademark. 

 

	 	(iii)	Attempt to register “Chrysler” trademarks alone or as part of its own trademarks. 

 

	 	(iv)	Use or attempt to register any marks confusingly similar to any “Chrysler” trademark. 

 

	(b)	Ally will use and display the Chrysler Marks only in the form, color, dimension, and manner approved by Chrysler. 

 

	(c)	Ally may sublicense its rights under this Agreement to use any of the Chrysler Marks for purposes related to the performance of its obligations under this
Agreement, but any such sublicense terminates upon the termination of this Agreement, except to the extent necessary to comply with Section 12.1(c) below. 

 

	(d)	The Chrysler License terminates when this Agreement expires or terminates, except to the extent necessary to comply with Section 12.1(c) below.

  
 20 

 ARTICLE XII    TERM AND TERMINATION 

SECTION 12.1 Term and Termination. The initial term of this Agreement is four years starting April 30, 2009 and expiring
April 30, 2013, and the term renews automatically for successive one year terms, unless either Chrysler or Ally notifies the other in writing at least twelve months before the end of the Initial Term or any renewal term that it does not want to
renew the Agreement. 
  

	(a)	Notwithstanding the foregoing, the duration of Implementing Agreements will be governed by provisions concerning term and termination contained in such
Implementing Agreements. 

  

	(b)	This Agreement may be terminated as follows: 

  

	 	(i)	The non-breaching party may terminate this Agreement upon a breach by the other party that materially affects the non-breaching party reasonably anticipated
benefits under this Agreement, and such breach, if curable, is not cured within 30 days of receipt of written notice from the non-breaching party; 

  

	 	(ii)	Chrysler may terminate this Agreement at any time upon written notice to Ally, if Ally becomes, or if Ally Controls, is Controlled by, or is under common Control with,
an OEM that competes with Chrysler. This termination right will not be triggered solely by common Control attributable to Ally and such OEM currently, or during the term of this Agreement, being under the common Control of the United States
government or any part of the United States government (for example, if Ford Motor Company comes under United States government Control, that fact alone would not trigger Chrysler’s right to terminate this Agreement, but, for example, if
General Motors LLC were to acquire Control of Ally, that fact would trigger such right.) 

  

	 	(iii)	The parties may mutually agree to terminate this Agreement. 

  

	(c)	Upon the expiration or termination of this Agreement for any reason, Chrysler and Ally will: 

 

	 	(i)	To the extent reasonably requested by the other, fully cooperate in any transfer of any servicing functions contemplated by this Agreement to a third party; and

  

	 	(ii)	Complete performance of any pending, “in-progress” obligations according to such standards, including confidentiality, security and accuracy, as were
in effect under this Agreement prior to its termination and compensate each other for such services to the same extent as if such services had been performed during the Term of this Agreement. 

 

	(d)	The provisions of Article XIII and Article XIV survive the expiration or termination of this Agreement and remain in force and effect for three years following
such termination or expiration, and Section 4.4 survives the expiration or termination of this Agreement in accordance with Section 4.4(j). 

 ARTICLE XIII    INDEMNIFICATION, LIABILITIES, AND REMEDIES 
 SECTION
13.1 Indemnification. Recognizing that if Chrysler or Ally is the subject of a third party legal or enforcement action (regarding, for example in the case of Ally, credit decisions, credit documentation, and financing activities within
Ally’s responsibilities, and for example in the case of Chrysler, product warranty, product liability, and manufacturing and distribution activities within Chrysler’s responsibilities), the other may be named in the action also because of
the parties’ relationship under this Agreement: 
  

	(a)	 Chrysler and Ally, respectively, will indemnify the other party’s and the other party’s Subsidiaries; directors; officers; employees;
and representatives, in each case, in their capacities as such, against any and all damages, claims, causes of action, losses, and/or other liabilities incurred and arising from such party’s business or operations (i.e., in the case of
Ally where the liabilities are primarily and 

  
 21 

	 	 
traditionally are Ally’s as a financial services provider and in the case of Chrysler, where the liabilities are primarily and traditionally are Chrysler’s as a manufacturer), in each
case to the extent related to a third party legal or enforcement action (“Indemnifiable Claim”). 

  

	 	(i)	The party seeking indemnification (“Indemnitee”) must notify the other party of any third party action that may be an Indemnifiable Claim
brought against the Indemnitee as promptly as reasonably practical; however, any failure to provide such notice does not relieve the indemnifying party from its indemnity obligations under this Agreement. 

 

	 	(ii)	The party from whom indemnification is sought (“Indemnitor”) may assume full control of the defense of the Indemnifiable Claim.

  

	 	(iii)	If the Indemnitor does not assume control of the defense of the Indemnifiable Claim within a reasonable time of receiving notice of it from the Indemnitee and
Indemnitee is prejudiced by such delay, then the Indemnitee may assume control of the defense of it, with full recourse against the Indemnitor for all costs and expenses incurred in connection with the defense and/or settlement of the Indemnifiable
Claim. 

  

	 	(iv)	The Indemnitee and Indemnitor will reasonably cooperate with each other in defense of the Indemnifiable Claim, regardless of which party has assumed control of
the defense of it. 

  

	 	(v)	Neither the Indemnitee nor the Indemnitor may settle any third party claim related to the services provided under this Agreement without the prior written
consent of the other party, which will not be unreasonably withheld, and without obtaining the unconditional release of the other party from all liability to the third claimant(s). 

 

	(b)	If the indemnifiable damages, claims, causes of action, losses, and/or other liabilities arise out of the parties’ joint activities, then the parties will
apportion the damages, claims, causes of action, losses, and/or other liabilities in good faith and in a fair manner under the circumstances. 

 SECTION 13.2 Limitation on Liability. Neither party will be liable to the other party: 
  

	(a)	In tort, except for gross negligence or willful misconduct. 

  

	(b)	For equitable claims (but not including equitable remedies). 

  

	(c)	For claims arising out of any contract with any customer, dealer, or other third party or otherwise in connection with their relationship with such Persons.

 SECTION 13.3 Limitation on Damages. Neither party is liable under this Agreement for any: 

 

	(a)	Damages caused by a Force Majeure Condition as defined in Section 15.6 below; or 

 

	(b)	Indirect, incidental, consequential, or non-economic damages. 

 SECTION 13.4 Equitable Remedies. Nothing in this Agreement restricts either party’s ability to seek equitable remedies (as distinguished from claims), including specific performance of
a party’s obligations under this Agreement. 
 SECTION 13.5 Cumulative Remedies. Each party’s rights and remedies under,
and/or in connection with, this Agreement are cumulative and may be exercised singly, concurrently, and/or successively in the exercising party’s sole, absolute discretion. 

ARTICLE XIV    CONFIDENTIALITY 
 SECTION 14.1 Nondisclosure of Confidential Information. Neither party will use or disclose any Confidential Information of the other party or the terms of this Agreement, except: 

  
 22 

	(a)	To its Representatives who have agreed to comply with the nondisclosure and use restrictions of this Agreement, and then only to the extent reasonably necessary
for the disclosing party to perform its obligations under this Agreement or any Implementing Agreement. 

  

	(b)	To its Subsidiaries that do not compete with the other party; its board of directors; and/or its external auditors. 

 

	(c)	To the extent expressly consented to by the other party. 

  

	(d)	To the extent required to be disclosed by any of the following, but before making any such disclosure the disclosing party will notify the other party of any
such requirement to the extent legally permitted, so that such other party may seek an appropriate protective order at such other party’s sole cost and expense: 

 

	 	(i)	Order of a court of competent jurisdiction, administrative agency, or governmental body. 

 

	 	(ii)	By subpoena, summons, or other compulsory legal process. 

  

	 	(iii)	Law, regulation, or rule. 

  

	 	(iv)	In connection with any judicial or other adjudicatory proceeding in which Chrysler or Ally is a party. 

SECTION 14.2 Nondisclosure of Chrysler Dealer and Chrysler Consumer Information. Subject to Section 14.1(c) and 14.1(d) above, Ally
will not directly or indirectly share data about Chrysler Dealers or their customers with other OEMs, authorized vehicle distributors, or authorized vehicle dealers, absent the consent of Chrysler and the affected Chrysler Dealers or their customers
(as applicable), and will put in place appropriate safeguards to protect such information from unauthorized disclosure. 
  

	(a)	The foregoing restrictions do not apply to Ally’s “own experience” data about Chrysler Dealers or their customers or to data that is otherwise
public. 

  

	(b)	Upon termination of this Agreement, Ally and Chrysler will work in good faith to agree on parameters for sharing of information about Chrysler customers
contained in Ally’s customer database. 

 SECTION 14.3 Information Security. Chrysler and Ally will take
reasonably necessary technical and organizational precautions to ensure that each other’s Confidential Information is protected from unauthorized access, alteration, disclosure, erasure, manipulation and destruction by third parties while such
information is in its possession or control and will ensure that such information is not processed in other ways contradictory to privacy and/or data protection laws. 
  

	(a)	Upon written request, Chrysler and Ally will provide each other reasonable information regarding the processing of such information, including where and how such
information is stored, who has access to such information and why and what security measures are taken to ensure that such information is protected from unauthorized access, alteration, disclosure, erasure, manipulation and destruction while in its
possession or control. 

  

	(b)	Chrysler and Ally will maintain sufficient procedures to detect and respond to security breaches involving Confidential Information and will inform each other as
soon as practicable when either of them suspects or learns of malicious activity involving such Confidential Information, including an estimate of the activity’s effect on the other and the corrective action taken. 

SECTION 14.4 Data Privacy. Chrysler and Ally each will treat the other’s Confidential Personal Information confidentially and use or
disclose Confidential Personal Information only in connection with providing Consumer Financing Services and their other obligations under this Agreement. 
  

	(a)	 Chrysler and Ally each will restrict disclosure of Confidential Personal Information in their possession or control to their employees and/or
representatives who have a need to know such 

  
 23 

	 	 
information in connection with providing Consumer Financing Services and the performance of their respective obligations under this Agreement. 

 

	(b)	Unless otherwise prohibited by law, Chrysler and Ally each will immediately notify the other party of any legal process served on such party for the purpose of
obtaining Confidential Personal Information and, prior to disclosure of any Confidential Personal Information in connection with such process, use commercially reasonable efforts to give the other party adequate time to exercise its legal options to
prohibit or limit such disclosure. 

  

	(c)	Chrysler and Ally each will implement appropriate measures designed to meet the following objectives: 

 

	 	(i)	Ensure the security and confidentiality of Confidential Personal Information; 

 

	 	(ii)	Protect against any anticipated threats or hazards to the security or integrity of such information; and 

 

	 	(iii)	Protect against unauthorized access to or use of such information that could result in substantial harm or inconvenience to the person about whom the
Confidential Personal Information refers. 

  

	(d)	Within ten days following termination of this Agreement or ten days following the completion of a project for which the Confidential Personal Information has
been provided, whichever first occurs, upon the other party’s request, Chrysler or Ally, as the case may be, will: 

  

	 	(i)	Return the other party’s Confidential Personal Information to such other party; or 

 

	 	(ii)	Certify in writing to such other party that such Confidential Personal Information has been destroyed in such a manner that it cannot be retrieved.

  

	(e)	Chrysler and Ally will notify each other promptly upon the discovery of any loss, unauthorized disclosure, unauthorized access, or unauthorized use of the
other’s Confidential Personal Information and will indemnify the other party for such loss, unauthorized disclosure, unauthorized access or unauthorized use, including reasonable attorney fees in accordance with the terms and conditions of
Section 13.1 of this Agreement. 

 ARTICLE XV    MISCELLANEOUS 

SECTION 15.1 Representations and Warranties. Chrysler and Ally each hereby represent and warrant to the other that, as of the date of this
Agreement: 
  

	(a)	It is an entity duly organized, validly existing, and in good standing under the laws of the jurisdiction in which it was formed and has all requisite power and
authority to enter into and perform all of its obligations under this Agreement. 

  

	(b)	The execution, delivery and performance of this Agreement by it have been duly authorized by all requisite action on its part. 

 

	(c)	This Agreement constitutes a valid and binding obligation of it and is enforceable against it in accordance with its terms. 

 

	(d)	The execution and performance of this Agreement by it will not: 

  

	 	(i)	Violate any provision of applicable law. 

  

	 	(ii)	Conflict with the terms or provisions of its organizational or governance documents, or any other material instrument relating to the conduct of its business or
the ownership of its property. 

  

	 	(iii)	Conflict with any other material agreement to which it is a party or by which it is bound. 

  
 24 

	(e)	There are no actions, suits, proceedings or other litigation or governmental investigations pending or, to its knowledge, threatened, by or against it with
respect to this Agreement or in connection with the dealings contemplated by this Agreement. 

  

	(f)	There is no order, injunction, or decree outstanding against, or relating to, it that could reasonably be expected to have a material adverse effect upon its
ability to perform its obligations under this Agreement. 

 SECTION 15.2 No Waiver of Rights or Remedies. Any
forbearance, delay, or failure by Chrysler or Ally in exercising any of its respective rights or remedies does not constitute a waiver of such rights or remedies or of any existing or future default under this Agreement. 

SECTION 15.3 Dispute Resolution. Any dispute, controversy, claim, or disagreement arising from or in connection with this Agreement
(“Dispute”), will be exclusively governed by and resolved in accordance with the provisions of this Section 15.3, and except as provided in this Section 15.3, neither party will seek judicial relief of any Dispute.

  

	(a)	Any Dispute that cannot be resolved at the working level will, in the first instance, be submitted to each member of the Coordinating Committee before the next
scheduled Coordinating Committee meeting. 

  

	(b)	If at formal Coordinating Committee meeting or within ten business days thereafter (unless a different time is agreed to by the Coordinating Committee) the
Coordinating Committee is unable to resolve any such Dispute, the Dispute will immediately be escalated to the Ally President and the Chrysler Chief Financial Officer, or their designees for the particular matter, for resolution.

  

	(c)	Any Dispute that is not resolved by the Ally President and the Chrysler Chief Financial Officer (or their designees for the particular matter) within 30 days of
submission to them will immediately be escalated to the Ally Chief Executive Officer and Chrysler Chief Executive Officer. 

  

	(d)	If a Dispute is not resolved within 90 days of the date of escalation to the Ally President and Chrysler Chief Financial Officer, either party may pursue legal
remedies. 

  

	(e)	This Section 15.3 does not limit either party’s right to apply to a court of competent jurisdiction for equitable, provisional relief with respect to
any Dispute pending the resolution of the Dispute pursuant to this Section 15.3. 

 SECTION 15.4 Venue and Jury Trial
Waiver. Any suit, action, or proceeding brought by a party against the other party arising out of or relating to this Agreement or any transaction contemplated by it will be brought in any federal or state court located in the city, county,
and State of New York. 
  

	(a)	Each party hereby submits to the exclusive jurisdiction of any federal or state court located in the city, county, and State of New York for the purpose of any
such suit, action or proceeding. 

  

	(b)	Service of any process, summons, notice or document by registered mail to such party’s respective address set forth in this Agreement for notice will be
effective service of process for any action, suit or proceeding in the State of New York with respect to any matters to which it has submitted to jurisdiction in this Section. 

 

	(c)	Each of Ally and Chrysler, respectively, hereby irrevocably waives any and all right to trial by jury in any legal proceeding arising out of or relating to this
Agreement or the transactions contemplated by it. 

 SECTION 15.5 Notices. Except for notices, requests, and other
communications regarding operational matters (e.g., drafting authorizations, credit line suspension notices), which each party currently sends, and historically has sent, to individuals at the operational levels of the other party
(“Operational Notices”), all legal notices, requests, and other communications to either party required by or permitted under this Agreement (“Notices”) must be in writing, including facsimile transmittal, and sent
to the 

  
 25 

 
addresses indicated below, or at such other address to the attention of such other person as either party may designate by written notice to the other party: 

 

			
	To Chrysler:	  	To Ally:
	1000 Chrysler Drive	  	200 Renaissance Center
	Auburn Hills, MI 48326	  	Mail Code 482-B12-D11
	Attention: General Counsel	  	Detroit, MI 48265
	Facsimile: 248-512-1772	  	Attention: President
		  	Facsimile: 313-656-5202

  

	(a)	All Notices other than Operational Notices are deemed given and received as follows: 

 

	 	(i)	If given by mail or nationally recognized, reputable commercial delivery service: the second Business Day after the Notice is sent or the date the recipient
actually receives it. 

  

	 	(ii)	If given by facsimile or e-mail: when the facsimile or e-mail is transmitted to compatible equipment in the possession of the recipient and confirmation of
complete receipt is received by the sending party during normal business hours or on the next Business Day if not confirmed during normal business hours. 

  

	 	(iii)	If given by hand delivery against a receipted copy: when the copy is receipted 

 

	(b)	Operational Notices may be given in any manner consistent with ordinary commercial practices, including telephone, e-mail, and/or facsimile.

 SECTION 15.6 Force Majeure. Neither Chrysler nor Ally is liable for a delay in performance or failure to perform
any obligation under this Agreement to the extent such delay is due to causes beyond its control and is without its fault or negligence, including, natural disasters, governmental regulations or orders, civil disturbance, war conditions, acts of
terrorism or strikes, lock-outs or other labor disputes (“Force Majeure Condition”). The performance of any obligation suspended due to a Force Majeure Condition will resume as soon as reasonably possible as and when the Force
Majeure Condition subsides. 
 SECTION 15.7 Relationship of the Parties. Nothing contained in this Agreement creates or will be
construed as creating a joint venture, association, partnership, franchise, or agency relationship between Chrysler and Ally. 
 SECTION 15.8
Severability. If a court of competent jurisdiction holds that any part of this Agreement is invalid or unenforceable under applicable law, all other parts remain valid and enforceable. 

SECTION 15.9 Assignment. Neither Chrysler nor Ally may assign this Agreement in whole or in part without the other party’s prior
express written. 
 SECTION 15.10 Miscellaneous. This Agreement: 

 

	(a)	May be changed only by a writing signed by both parties. 

  

	(b)	Binds, and inures to the benefit of the parties’ respective successors and assigns. 

 

	(c)	Is not intended to, and does not, create any rights in any third party. 

  

	(d)	May be signed in one or more counterparts, each of is deemed an original, and all of which taken together constitute one and the same agreement.

  

	(e)	Is governed by, and construed in accordance with, the laws of New York, without regard to its conflict of laws principles. 

  
 26 

	(f)	Constitutes the entire agreement of the parties regarding its subject matter and supersedes any and all prior oral or written agreements or understandings (each
of the Service Provider Agreement and related confidentiality side letter agreement, each dated March 9, 2010, between Chrysler and Ally; the Marketing Agreement between GMAC Risk Services Inc. and Chrysler; and guaranties of dealership
obligations that Chrysler signed in favor of Ally, are separate agreements and are not affected by this Section 15.10(f)). 

  

			
	ALLY FINANCIAL INC.	  	CHRYSLER GROUP LLC
		
	Signature:         /s/ William F.
Muir                        	  	Signature:         /s/ Richard
Palmer                        
		
	By (print name):     William F.
Muir                      	  	By (print name):     Richard
Palmer                      
		  	
		
	Title:
    President                                   
                 	  	 Title:   Senior Vice President
and                        
             Chief Financial
Officer                              

		  	
		
	Date:                             
                                         
  	  	Date:                             
                                         
  

  
 27 

 EXHIBIT A—FORM OF OPT-IN AGREEMENT 

To: [Ally/Chrysler] 
 Ally Financial Inc.
(“Ally”) and Chrysler Group LLC (“Chrysler”) have entered into the Auto Finance Operating Agreement (“Operating Agreement”) under which Ally provides certain services to Chrysler. [insert subsidiary name]
(“Subsidiary”) desires to enjoy the rights and benefits under and flowing from the Operating Agreement. Therefore, Subsidiary hereby adopts for itself, and binds itself to, all of the terms and conditions of the Operating Agreement and any
amendments thereto executed by Ally and Chrysler, with or without prior consultation with Subsidiary, as though Subsidiary is an original party to the Operating Agreement, with the exceptions as specified below. Upon opting in to the Agreement, as
to “Subsidiary”, references to “Chrysler” or “Ally”, as applicable, in the Agreement refer to Subsidiary, and references to “party” refer to “Subsidiary”. Subsidiary agrees that it may not do either
of the following absent Ally’s and Chrysler’s prior written consent: 
  

	 	1.	Assign this Opt-in Agreement, or the rights and obligations under it or the Operating Agreement, to anyone; or 

 

	 	2.	Terminate this Opt-in Agreement. 

Exceptions required by local legal requirements and commercial practice: 
 [insert, if any] 
 This Opt-in Agreement is effective upon the occurrence of all of the following:

  

	 	1.	Execution of this Opt-in Agreement by Subsidiary; and 

  

	 	2.	Acceptance of any exceptions by [Ally/Chrysler]. 

[insert subsidiary name] 

By:                        
                                        

Title:                        
                                     

Date:                        
                                     

Exceptions accepted by Ally 

By:                        
                                        

Title:                        
                                     

Date:                        
                                     

 

  
 28 

 EXHIBIT B—STEADY STATE GUIDELINES 

[***] 
  

			
	 	 
	 	 	Wholesale Financing
	 	 
	Purpose:	 	[***]
	 	 
	Inventory Security:	 	[***]
	 	 
	Additional Security:	 	[***]
	 	 
	Credit Lines:	 	[***]
	 	 
	Advance:	 	[***]
	 	 
	Release Privilege:	 	[***]
	 	 
	Interest Rate:	 	[***]
	 	 
	Application Fee:	 	[***]
	 	 
	Set-Up Fee:	 	[***]
	 	 
	Monthly Charges:	 	[***]
	 	 
	Floorplan Insurance:    	 	[***]
	 	 
	Fleet:	 	[***]
	 	 
	Other Terms:	 	[***]

 

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 29 

 EXHIBIT B—STEADY STATE GUIDELINES 

[***] 
  

			
	 	 
	 	 	Wholesale Floorplan
	 	 
	Purpose:	 	[***]
	 	 
	Inventory Security:	 	[***]
	 	 
	Additional Security:	 	[***]
	 	 
	Credit Lines:	 	[***]
	 	 
	Advance:	 	[***]
	 	 
	Release Privilege:	 	[***]
	 	 
	Interest Rate:	 	[***]
	 	 
	Application Fee:	 	[***]
	 	 
	Set-Up Fee:	 	[***]
	 	 
	Monthly Charges:	 	[***]
	 	 
	Floorplan Insurance:    	 	[***]
	 	 
	Fleet:	 	[***]
	 	 
	Other Terms:	 	[***]

 

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 30 

 EXHIBIT B—STEADY STATE GUIDELINES 

[***] 
  

			
	 	 
	 	 	Wholesale Floorplan [***]
	 	 
	Purpose:	 	[***]
	 	 
	Inventory Security:	 	[***]
	 	 
	Additional Security:	 	[***]
	 	 
	Credit Lines:	 	[***]
	 	 
	Advance:	 	[***]
	 	 
	Release Privilege:	 	[***]
	 	 
	Interest Rate:	 	[***]
	 	 
	Application Fee:	 	[***]
	 	 
	Set-Up Fee:	 	[***]
	 	 
	Monthly Charges:	 	[***]
	 	 
	Floorplan Insurance:    	 	[***]
	 	 
	Fleet:	 	[***]
	 	 
	Other Terms:	 	[***]

 

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 31 

 EXHIBIT C— Pre-existing Ally-Financed Dealers 

[Omitted] 

  
 32

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