Document:

<PAGE>

                                                                  EXHIBIT 10.6.2

               AMENDMENT NO. 2 TO EXECUTIVE EMPLOYMENT AGREEMENT

     THIS AMENDMENT NO. 2, dated as of June 15, 2000, is made and entered into
by and between AmeriCredit Corp., a Texas corporation, having an office at 801
Cherry Street, Suite 3900, Fort Worth, Texas 76102 (hereinafter referred to as
"Employer"), and Clifton H. Morris, Jr., an executive employee of Employer
(hereinafter referred to as "Executive").

     WHEREAS, Employer and Executive have previously entered into that certain
Executive Employment Agreement dated as of January 30, 1991, as amended by that
certain Amendment No. 1 to Executive Employment Agreement dated as of May 1,
1997 (together, the "Employment Agreement").

     WHEREAS, since the execution of the Employment Agreement, due to the
continued growth and financial success of Employer, and to provide for an
orderly transition of executive management, Employer and Executive desire to
amend certain provisions of the Employment Agreement.

     NOW, THEREFORE, in consideration of Executive's continued employment by
Employer and the mutual promises and covenants contained herein, the receipt and
sufficiency of which are hereby acknowledged, Employer and Executive intend by
this Amendment No. 2 to modify and amend the Employment Agreement as herein
provided.

     1.   Amendment to Section 1.1 - "General Duties of Employer and Employee."
          -------------------------------------------------------------------
Effective July 1, 2000, Executive shall resign his position as Chief Executive
Officer but shall retain his position as Chairman of the Board (until such time
as such position may be changed as provided in Section 1.1).  Executive shall
continue to be employed by Employer, and Executive shall remain in the employ of
Employer, pursuant to the terms of this Agreement, as amended.

     2.   Amendment to Section 2.1 - "Compensation and Benefits."  Effective
          -----------------------------------------------------
July 1, 2000, Executive's current salary shall be $350,000 per annum while
employed hereunder.

     3.   Amendment to Section 2.5 - "Compensation and Benefits."  Effective
          -----------------------------------------------------
July 1, 2000, Executive shall be eligible to participate in the Employer's
Executive Bonus Program at such rate, level or amount as may be determined from
time to time by the Compensation Committee of the Board of Directors; provided,
                                                                      --------
however, that in no event will bonus amounts paid to Executive during or with
-------
respect to any fiscal year be less than fifty percent (50%) of the bonus amounts
paid during or with respect to such fiscal year to Employer's Chief Executive
Officer or, if higher, any other senior executive officer.

     4.   Amendment to Section 8.1 - "Change of Control."  Effective July 1,
          ---------------------------------------------
2000, the first two (2) sentences of Section 8.1 shall be amended so as to read
as follows:

     Notwithstanding anything to the contrary otherwise provided herein, if a
     "change of control" (as defined below) of Employer occurs and within twelve
     (12) months from the date of such "change of control", Executive
     voluntarily terminates the employment relationship under this Agreement by
     giving sixty (60) days' written notice to Employer under Section 6.1 hereof
     or within such twelve (12) month period Employer gives written notice to
     Executive to terminate Executive's employment relationship without "due
     cause" pursuant to Section 6.4, or in the event that the Executive shall
     die or become
<PAGE>

     disabled within such twelve (12) month, then, even though no longer
     employed by Employer, Executive (or, if applicable, Executive's legal
     representative or estate) shall be entitled to earned and vested bonuses at
     the date of termination plus a payment equal to the amount of Executive's
     salary (undiscounted), as "salary" is defined below, prorated for the
     remainder of the fiscal year in which the "change of control" occurs, plus
                                                                           ----
     the present value (employing a discount rate of 8%) of two additional
     years' salary, payable at the option of the Executive (or his legal
     representative or estate) in either a lump sum within 30 days after the
     date of termination or annually over a three-year period. For purposes of
     this Section 8.1, the term "salary" shall mean the sum of (i) the highest
     annual rate of compensation provided to Executive in any of the seven (7)
     fiscal years preceding the year in which there shall occur a "change of
     control," plus (ii) the highest annual cash bonus or other cash incentive
               ----
     compensation paid to Executive in any of the seven (7) fiscal years
     preceding the year in which there shall occur a "change of control."

     5.   Amendment to Section 11.1 - "Miscellaneous - Notices."  The address
          ----------------------------------------------------
for notices and other communications, for both Employer and for Executive, is
801 Cherry Street, Suite 3900, Fort Worth, Texas 76102.

     6.   Effect of Amendments; Enforceability of Employment Agreement.  This
          ------------------------------------------------------------
Amendment No. 2 replaces all previous agreements and discussions relating to the
same or similar subject matters between Executive and Employer with respect to
the subject matter of this Amendment No. 2.  Except as otherwise expressly and
specifically amended or modified by this Amendment No. 2, the terms and
provisions of the Employment Agreement shall continue in full force and effect
on and after the date hereof.

     IN WITNESS WHEREOF, the undersigned, intending to be legally bound, have
executed this Agreement as of the date first written above.

Witness:                                AMERICREDIT CORP.

By:_______________________________      By:___________________________
   Douglas K. Higgins, Chairman of         Michael R. Barrington, Vice Chairman,
   Stock Option/Compensation Committee     President and Chief Operating Officer
   of the Board of Directors

                                           EXECUTIVE:

                                           ______________________________
                                           Clifton H. Morris, Jr.<PAGE>

                                                                 EXHIBIT 10.10.2

                    AMENDMENT NO. 2 TO AMENDED AND RESTATED
                             EMPLOYMENT AGREEMENT

     THIS AMENDMENT NO. 2, executed as of October 1, 1999 but effective as of
July 1, 1999, is made and entered into by and between AmeriCredit Corp., a Texas
corporation having an office at 200 Bailey Avenue, Fort Worth, Texas  76107
(hereinafter referred to as "Employer"), and Michael T. Miller, an executive
employee of Employer (hereinafter referred to as "Employee").

     WHEREAS, Employer and Employee have previously entered into that certain
Amended and Restated Employment Agreement dated as of July 1, 1997, and that
certain Amendment No. 1 to Amended and Restated Employment Agreement dated as of
August 1, 1998 (as amended from time to time, the "Employment Agreement").

     WHEREAS, Employee desires to enhance his professional skills and training
by obtaining an advanced educational degree from the Kellog Graduate School of
Management, Northwestern University; Employer believes that the skills and
training to be developed by Employee in pursuing and obtaining such advanced
degree will directly or indirectly inure to the benefit of Employer.

     WHEREAS, Employer and Employee desire to amend the Employment Agreement to
set forth certain agreements, undertakings and obligations related to Employee's
pursuit of the advanced educational degree and to provide for certain other
amendments.

     NOW, THEREFORE, in consideration of the mutual promises and covenants
contained herein, the receipt and sufficiency of which is hereby acknowledged,
Employer and Employee intend by this Amendment No. 2 to modify and amend the
Employment Agreement as herein provided.

     1.  Representations and Acknowledgments.  Employee desires and agrees to
         -----------------------------------
provide Employer with the ancillary agreements contained in this Amendment No. 2
in consideration for Employer's agreement to provide Employee the opportunity to
obtain the Degree (as defined below).  Employee acknowledges and agrees that he
will continue learning and developing additional confidential and proprietary
information about the business and operations of Employer as a result of
Employee's continued employment.  Employer desires and agrees to facilitate
Employee's additional training to further enhance Employee's professional skills
and abilities.

     .   Amendment of Section 1.4.  Effective as of the date hereof, Section 1.4
         ------------------------
is hereby added to the Employment Agreement and shall provide in its entirety as
follows:

     "1.4.  Except in the event of a Repayment Trigger (as defined below) and
     during the term of this Employment Agreement, (i) Employee may engage in
     the activity of obtaining a degree and/or certification (the "Degree") from
     The Kellog Graduate School of Management, Northwestern University
     ("University"), and (ii) Employer agrees to provide the opportunity for
     Employee to attend classes according to the program schedule for such
     Degree and to consider the time devoted by Employee to attending such
     classes and pursuing the Degree as the performance of Employee's normal job
     duties (and such time shall not be considered as "vacation" time or other
     time for which Employee shall be considered absent from his job).  Employee
     acknowledges and agrees
<PAGE>

     that he shall remain a full-time employee of Employer while actively
     pursuing the Degree and shall remain subject to the commitments and
     obligations set forth in Sections 1.2 and 1.3 hereof. Employee agrees to
     use his best efforts to not permit his activities in pursuing the Degree to
     interfere with the performance of the duties assigned to him by Employer or
     any Subsidiary, or any authorized officer thereof.

     3.  Amendment of Section 2.1.  The first sentence of Section 2.1 is hereby
amended by deleting the number "$165,000" and replacing it with the number
"$325,000."

     4.  Amendment of Section 2.3.  The last proviso of Section 2.3 is hereby
amended to read as follows:  "; provided, that, in no event shall Employee be
entitled to less than four weeks of vacation."

     5.  Amendment of Section 2.5.  Effective as of the date hereof, Section 2.5
         ------------------------
is hereby added to the Agreement and shall provide in its entirety as follows:

     "2.5.  Except in the event of a Repayment Trigger and during the term of
     this Employment Agreement, Employee shall be reimbursed by Employer for
     program fees of approximately $75,000 (which includes tuition, books,
     laptop, meals, lodging and other fees) and other reasonable educational
     expenses (including, but not limited to, airfare, transportation and
     airport parking) related to Employee's enrollment in the University and
     pursuit of the Degree (all such fees and other expenses are collectively
     referred to herein as "Education Expenses").  All Education Expenses
     reimbursed and/or paid by Employer on Employee's behalf under this Section
     2.5 shall, to the extent such amounts would be considered taxable income to
     Employee, be "grossed-up" by Employer in a manner consistent with
     Employer's customarily policies and procedures.  Employee shall submit to
     Employer reasonable documentary support evidencing Education Expenses
     incurred by him under this Section 2.5, and Employer shall either reimburse
     Employee for such Education Expenses or pay directly to University as
     appropriate or as requested by Employee in his reasonable discretion.

     In the event Employee (i) fails, for any reason or for no reason, to
     complete the requirements for and obtain the Degree on or before June 30,
     2001, or (ii) prior to June 30, 2003, resigns, retires or is terminated by
     Employer for "due cause" as defined in this Agreement (each of the
     foregoing events described in this sentence being referred to herein as a
     "Repayment Trigger"), then Employee shall, within twelve (12) months after
     the applicable Repayment Trigger, pay to Employer, without interest, an
     amount equal to the unamortized portion of Education Expenses assuming an
     amortization period of 48 months commencing July 1, 1999 (and using a
     "straight-line" amortization methodology).  By way of example, should
     Employer advance $100,000 in Education Expenses and Employee thereafter
     resigns effective September 30, 2001 (i.e., 27 months after July 1, 1999),
     Employee will pay to Employer, pursuant to this paragraph, an amount equal
     to $43,750 (i.e., $100,000 multiplied by [1.0 minus 27/48]).

     Employee acknowledges and agrees that Employer may, in recouping amounts
     due to it under the immediately preceding paragraph, but only after the
     occurrence of a Repayment Trigger, offset against any amounts otherwise due
     to Employee under this Agreement or any stock option agreement entered into
     between Employee and Employer.  Employee further agrees and hereby gives
     written authorization to deduct and withhold any amounts due and owing by
     Employer to Employee from any paycheck, wages, salary or other amounts owed
     to him by Employer."

                                       2
<PAGE>

     6.  Amendment to Section 5 - "Initial Term; Extensions of the Term."
         --------------------------------------------------------------
Sections 5.1 and 5.2 of the Employment Agreement are hereby amended in their
entirety to read as follows:

     "5.1. The term of this Employment Agreement shall commence on the
     effective date hereof and shall end on June 30, 2004.

     5.2.  The term of this Employment Agreement shall automatically be extended
     for additional one-year periods commencing on July 1, 2002 and on each July
     1 thereafter, unless either Employee or Employer gives written notice to
     the other on or before March 1, 2002 or any March 1 thereafter of his or
     its intention not to extend this Agreement.  Notwithstanding anything to
     the contrary contained herein and for purposes of further clarification
     with respect to this Section 5.2 and Section 5.1 above, it is the intention
     of the parties hereto that, unless and until notice of non-extension is
     provided by either Employer or Employee as provided in the immediately
     preceding sentence (or unless this Employment Agreement is terminated
     pursuant to the terms hereof), as of July 1, 1999, the term of this
     Agreement shall be five years; as of July 1, 2000, the term of this
     Agreement shall be four years; as of July 1, 2001, the term of this
     Agreement shall be three years; and as of July 1, 2002 and each July 1
     thereafter, the term of this Agreement shall be extended for one year so as
     to provide for a prospective three-year employment term as of such date, or
     until terminated pursuant to the provisions hereof."

     7.    Amendment to Section 8.1 -  "Employee's Non-Competition Obligation."
           ------------------------------------------------------------------
Section 8.1 is hereby amended in its entirety to read as follows:

     "8.1. (a)  Employee's Non-Compete Obligation If Termination Occurs Prior
     to June 30, 2004.  Employee (i) acknowledges and agrees that he serves in a
     special capacity for Employer pursuant to which he will acquire unique
     knowledge of the operations and business of Employer and, as such, will not
     be engaged in a common calling, and (ii) reaffirms the representations and
     acknowledgments made by him in Section 1 of Amendment No. 2 to the
     Employment Agreement.  During the existence of Employee's employment by
     Employer hereunder (all references in this Section 8 to "Employer" shall
     include all subsidiaries of Employer) and, if the employment of Employee is
     terminated by Employer for any reason pursuant to Section 6.2 or Employee
     voluntarily terminates his employment (unless such voluntary termination
     occurs within twelve months after a "change in control," as defined in
     Section 8A.1 hereof) on or before June 30, 2004, for a period commencing on
     the date on which Employee shall cease to be employed by Employer and
     ending on the later to occur of (i) the date that is three (3) years after
     Employee's last date of employment, or (ii) June 30, 2004, Employee shall
     not, acting alone or in conjunction with others, directly or indirectly,
     and whether as principal, agent, officer, director, partner, employee,
     consultant, broker, dealer or otherwise, and whether for his own account or
     otherwise, engage or participate in any business or activity within the
     consumer financial services industry (each such business or activity, a
     "Consumer Financial Services Business"), whether such Consumer Financial
     Services Business is in direct or indirect competition with the business
     conducted by Employer prior to or as of the date Employee shall cease to be
     employed by Employer; provided, however, that effective as of July 1, 2003,
                           --------  -------
     the term "Consumer Financial Services Business as used in this section
     shall be deemed and limited to mean only those businesses or activities in
     competition with the business actually conducted by Employer as of the date
     Employee shall cease to be employed by Employer.  For purposes of
     explanation of the preceding

                                       3
<PAGE>

     sentence, it is the intent of the parties hereto (i) to protect unto and
     for the benefit of Employer, for a period of four (4) years from the first
     advance made by Employer pursuant to Section 2.5 hereof, the unique skills
     and specialized training that Employee will develop as a result of Employer
     providing for Employee to pursue and obtain the Degree, which skills and
     training Employer believes will enable it to more efficiently expand its
     product offerings, scope of activities and profitability within the
     consumer financial services industry, including into one or more Consumer
     Finance Services Businesses in which Employer does not presently engage;
     and (ii) after such four (4) year period, to limit the scope of Employee's
     non-competition obligations to those businesses and activities in
     competition with the business or businesses conducted by Employer.

     (b)  Employee's Non-Compete Obligation If Termination Occurs After June 30,
     2004:  Employee (i) acknowledges and agrees that he serves in a special
     capacity for Employer pursuant to which he will acquire unique knowledge of
     the operations and business of Employer and, as such, will not be engaged
     in a common calling, and (ii) reaffirms the representations and
     acknowledgments made by him in Section 1 of Amendment No. 2 to the
     Employment Agreement.  During the existence of Employee's employment by
     Employer hereunder (all references in this Section 8 to "Employer" shall
     include all subsidiaries of Employer) and, if the employment of Employee is
     terminated by Employer for any reason pursuant to Section 6.2 or Employee
     voluntarily terminates his employment (unless such voluntary termination
     occurs within twelve months after a "change in control," as defined in
     Section 8A.1 hereof) after June 30, 2004, for a period of three (3) years
     after the date on which Employee shall cease to be employed by Employer,
     Employee shall not, acting alone or in conjunction with others, directly or
     indirectly, and whether as principal, agent, officer, director, partner,
     employee, consultant, broker, dealer or otherwise, and whether for his own
     account or otherwise, engage or participate in any business in competition
     with the business conducted by Employer, or solicit, canvass or accept any
     business or transaction for or from any other company or business in
     competition with such business of Employer."

     8.   Effect of Amendments; Enforceability of Employment Agreement.  This
          ------------------------------------------------------------
Amendment No. 2 replaces all previous agreements and discussions relating to the
same or similar subject matters between Employee and Employer with respect to
the subject matter of this Amendment No. 2.  Except as otherwise expressly and
specifically amended or modified by this Amendment No. 2, the terms and
provisions of the Employment Agreement, as previously amended or modified, shall
continue in full force and effect on and after the date hereof.  Without
limiting the generality of the foregoing, this Amendment No. 2 shall not affect
or impair in any respect the provisions of Section 8A.1 of the Employment
Agreement ("Change in Control") and, in the event of any conflict or
inconsistency between the provisions of this Amendment No. 2 and Section 8A.1 of
the Employment Agreement, the provisions of such Section 8A.1 shall control.

                                       4
<PAGE>

     IN WITNESS WHEREOF, the undersigned, intending to be legally bound, have
executed this Agreement as of the date first written above.

                                   AMERICREDIT CORP.

                                   By: _______________________________________
                                       Michael R. Barrington, Vice Chairman,
                                       President and Chief Operating Officer

                                   EMPLOYEE:

                                       _____________________________________
                                       Michael T. Miller

                                       5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00015-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00015-of-00352.parquet"}]]