Document:

EX-10.3

 Exhibit 10.3 
 Execution Version 
 ADMINISTRATION AGREEMENT 

among 
 NISSAN
AUTO RECEIVABLES 2013-A OWNER TRUST 
 as Issuer 
 NISSAN MOTOR ACCEPTANCE CORPORATION, 
 as Administrator 

CITIBANK, N.A., 

as Indenture Trustee 
 and 
 WILMINGTON TRUST, NATIONAL ASSOCIATION, 

as Owner Trustee 

Dated as of January 16, 2013 

 TABLE OF CONTENTS 

 
  

					
	 	  	Page	 
	 1. DUTIES OF THE ADMINISTRATOR
	  	 	2	  
		
	 2. RECORDS
	  	 	7	  
		
	 3. COMPENSATION
	  	 	7	  
		
	 4. ADDITIONAL INFORMATION TO BE FURNISHED TO THE ISSUER
	  	 	7	  
		
	 5. INDEPENDENCE OF THE ADMINISTRATOR
	  	 	7	  
		
	 6. NO JOINT VENTURE
	  	 	7	  
		
	 7. OTHER ACTIVITIES OF ADMINISTRATOR
	  	 	8	  
		
	 8. TERM OF AGREEMENT; RESIGNATION AND REMOVAL OF ADMINISTRATOR
	  	 	8	  
		
	 9. ACTION UPON TERMINATION, RESIGNATION OR REMOVAL
	  	 	9	  
		
	 10. NOTICES
	  	 	9	  
		
	 11. AMENDMENTS
	  	 	10	  
		
	 12. SUCCESSOR AND ASSIGNS
	  	 	10	  
		
	 13. GOVERNING LAW
	  	 	11	  
		
	 14. NO PETITION
	  	 	11	  
		
	 15. HEADINGS
	  	 	11	  
		
	 16. COUNTERPARTS
	  	 	11	  
		
	 17. SEVERABILITY OF PROVISIONS
	  	 	11	  
		
	 18. NOT APPLICABLE TO NMAC IN OTHER CAPACITIES
	  	 	11	  
		
	 19. LIMITATION OF LIABILITY OF OWNER TRUSTEE AND INDENTURE TRUSTEE
	  	 	11	  
		
	 20. USAGE OF TERMS
	  	 	12	  

  

					
		 	-i-	 	(Nissan 2013-A Administration Agreement)

 This ADMINISTRATION AGREEMENT, dated as of January 16, 2013 (as amended, supplemented
or otherwise modified and in effect from time to time, this “Agreement”), among NISSAN AUTO RECEIVABLES 2013-A OWNER TRUST, a Delaware statutory trust (the “Issuer”), NISSAN MOTOR ACCEPTANCE CORPORATION, a
California corporation, as administrator (the “Administrator”), and CITIBANK, N.A., a national banking association, not in its individual capacity but solely as Indenture Trustee (as defined below), and WILMINGTON TRUST, NATIONAL
ASSOCIATION, a national banking association with trust powers, not in its individual capacity but solely as Owner Trustee (as defined below). 
 W I T N E S S E T H: 
 WHEREAS, beneficial ownership interests in the Issuer
represented by the Nissan Auto Receivables 2013-A Owner Trust Asset Backed Certificates (the “Certificates”) have been issued in connection with the formation of the Issuer pursuant to the Amended and Restated Trust Agreement, dated
as of January 16, 2013 (the “Trust Agreement”), between Nissan Auto Receivables Corporation II (“NARC II”), a Delaware corporation, as depositor, and Wilmington Trust, National Association, as owner trustee
(the “Owner Trustee”); 
 WHEREAS, the Issuer is issuing the Nissan Auto Receivables 2013-A Owner Trust
0.20000% Asset Backed Notes, Class A-1, the Nissan Auto Receivables 2013-A Owner Trust 0.37% Asset Backed Notes, Class A-2, the Nissan Auto Receivables 2013-A Owner Trust 0.50% Asset Backed Notes, Class A-3, and the Nissan Auto
Receivables 2013-A Owner Trust 0.75% Asset Backed Notes, Class A-4 (collectively, the “Notes”) pursuant to the Indenture, dated as of January 16, 2013, (as amended and supplemented from time to time, the
“Indenture”), between the Issuer and Citibank, N.A., as indenture trustee (the “Indenture Trustee”); capitalized terms used herein and not defined herein shall have the meanings ascribed thereto in the Indenture,
the Trust Agreement or the Sale and Servicing Agreement, dated as of January 16, 2013, among the Issuer, Nissan Motor Acceptance Corporation (“NMAC”), as servicer, and NARC II, as seller (the “Sale and Servicing
Agreement”), as the case may be; 
 WHEREAS, the Issuer and other parties have entered into certain agreements in
connection with the issuance of the Certificates and the Notes, including the Purchase Agreement, dated as of January 16, 2013 (the “Purchase Agreement”), between NMAC, as seller, and NARC II, as purchaser, the Trust Agreement,
the Indenture, this Agreement, the Note Depository Agreement and the Sale and Servicing Agreement (collectively, the “Basic Documents”); 
 WHEREAS, pursuant to the Basic Documents, the Issuer is required to perform certain duties in connection with the Certificates, the Notes and the Collateral; 

WHEREAS, the Issuer desires to appoint NMAC as administrator to perform certain of the duties of the Issuer under the Basic Documents and
to provide such additional services consistent with the terms of this Agreement and the Basic Documents as the Issuer may from time to time request; and 
 WHEREAS, the Administrator has the capacity to provide the services required hereby and is willing to perform such services for the Issuer on the terms set forth herein. 

  

					
		 		 	(Nissan 2013-A Administration Agreement)

 NOW, THEREFORE, in consideration of the mutual covenants contained herein, and other good
and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties agree as follows: 
  

	 	1.	DUTIES OF THE ADMINISTRATOR. 

  

	 	(a)	Duties with respect to the Note Depository Agreement and the Indenture. 

(i) The Administrator agrees to perform all its duties as Administrator under the Basic Documents and the duties of the
Issuer under the Note Depository Agreement and the Indenture. In addition, the Administrator shall consult with the Owner Trustee regarding the duties of the Issuer under the Indenture and the Note Depository Agreement. The Administrator shall
monitor the performance of the Issuer and shall advise the Owner Trustee when action by the Issuer or the Owner Trustee is necessary to comply with the Issuer’s duties under the Indenture and the Note Depository Agreement. The Administrator
shall prepare for execution by the Issuer or shall cause the preparation by other appropriate persons of all such documents, reports, filings, instruments, certificates and opinions as it shall be the duty of the Issuer to prepare, file or deliver
pursuant to the Indenture and the Note Depository Agreement. In furtherance of the foregoing, the Administrator shall take all appropriate action that is the duty of the Issuer to take pursuant to the Indenture, including, without limitation, such
of the foregoing as are required with respect to the following matters under the Indenture (references are to sections of the Indenture): 
 (A) preparing or obtaining the documents and instruments required for the proper authentication of Notes and delivering the same to the Indenture Trustee (Section 2.02); 

(B) appointing the Note Registrar and giving the Indenture Trustee notice of any appointment of a new Note Registrar and
the location, or change in location, of the Note Register (Section 2.04); 
 (C) preparing, obtaining and/or
filing of all instruments, opinions and certificates and other documents required for the release of Collateral (Section 2.09); 
 (D) maintaining an office in the Borough of Manhattan, City of New York, for the registration of transfer or exchange of Notes (Section 3.02); 

(E) causing newly appointed Paying Agents, if any, to deliver to the Indenture Trustee the instrument specified in the
Indenture regarding funds held in trust (Section 3.03); 
 (F) directing the Indenture Trustee to deposit moneys
with Paying Agents, if any, other than the Indenture Trustee (Section 3.03); 

  

					
		 	2	 	(Nissan 2013-A Administration Agreement)

 (G) obtaining and preserving or causing the Owner Trustee to obtain and
preserve the Issuer’s qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of the Indenture, the Notes, the Collateral and each other instrument and
agreement included in the Trust Estate (Section 3.04); 
 (H) preparing all supplements, amendments, financing
statements, continuation statements, instruments of further assurance and other instruments, in accordance with Section 3.05 of the Indenture, necessary to protect the Trust Estate (Sections 3.05 and 3.07(c)); 

(I) furnishing the required Opinions of Counsel, in accordance with Sections 3.06 and 8.06 of the Indenture, and
delivering the annual Officer’s Certificates and certain other statements as to compliance with the Indenture, in accordance with Section 3.09 of the Indenture (Sections 3.06, 3.09 and 8.06); 

(J) identifying to the Indenture Trustee in an Officer’s Certificate any Person with whom the Issuer has contracted
to perform its duties under the Indenture (Section 3.07); 
 (K) notifying the Indenture Trustee and the Rating
Agencies of any Servicer Default pursuant to the Sale and Servicing Agreement and, if such Servicer Default arises from the failure of the Servicer to perform any of its duties under the Sale and Servicing Agreement, taking all reasonable steps
available to remedy such failure (Section 3.07(d)); 
 (L) preparing and obtaining documents and instruments
required in connection with the consolidation, merger or transfer of assets of the Issuer (Section 3.10); 
 (M)
delivering notice to the Indenture Trustee of each Event of Default and each other default by the Servicer or the Seller under the Sale and Servicing Agreement (Section 3.18); 

(N) monitoring the Issuer’s obligations as to the satisfaction and discharge of the Indenture and the preparation of
an Officer’s Certificate and obtaining the Opinion of Counsel and the Independent Certificate (as defined in the Indenture) related thereto (Section 4.01); 

(O) preparing and mailing the notification of the Indenture Trustee and the Noteholders with respect to special payment
dates, if any (Section 5.04(d)); 
 (P) preparing any Officer’s Certificates and obtaining any Opinions of
Counsel and Independent Certificates necessary for the release of the Trust Estate (Sections 8.04 and 8.06); 

  

					
		 	3	 	(Nissan 2013-A Administration Agreement)

 (Q) preparing Issuer Orders and obtaining Opinions of Counsel with respect
to the execution of any supplemental indentures, and mailing notices to the Noteholders with respect thereto (Sections 9.01, 9.02 and 9.03); 
 (R) executing and delivering new Notes conforming to the provisions of any supplemental indenture, as appropriate (Section 9.06); 

(S) preparing all Officer’s Certificates, Opinions of Counsel and Independent Certificates with respect to any
requests by the Issuer to the Indenture Trustee to take any action under the Indenture (Section 11.01(a)); 

(T) preparing and delivering Officer’s Certificates and obtaining Independent Certificates, if necessary, for the
release of property or securities from the lien of the Indenture (Section 11.01(c)); 
 (U) preparing and
delivering to the Noteholders and the Indenture Trustee any agreements with respect to alternate payment and notice provisions (Section 11.06); and 
 (V) recording the Indenture, if applicable (Section 11.14). 

(ii) The Administrator shall also: 

(A) pay the Indenture Trustee and the Owner Trustee from time to time the reasonable compensation provided for in the
Indenture and the Trust Agreement, respectively; 
 (B) reimburse the Indenture Trustee and the Owner Trustee
for all reasonable expenses, disbursements and advances incurred or made by the Indenture Trustee or the Owner Trustee to the extent the Indenture Trustee or the Owner Trustee is entitled to such reimbursement pursuant to Section 6.07 of the
Indenture or Sections 8.01 and 8.02 of the Trust Agreement, as applicable; and 
 (C) indemnify the Indenture
Trustee and the Owner Trustee and the other Indemnified Parties for, and hold each harmless against, any losses, liability or expense to the extent the Indenture Trustee or the Owner Trustee or the other Indemnified Parties are entitled to such
indemnification pursuant to the Indenture or the Trust Agreement, as applicable. 
 (b) Additional Duties. 

(i) In addition to the duties of the Administrator set forth above, the Administrator shall perform such calculations, and
shall prepare for execution by the Issuer or the Owner Trustee or shall cause the preparation by 

  

					
		 	4	 	(Nissan 2013-A Administration Agreement)

 
other appropriate persons of all such documents, reports, filings, instruments, certificates and opinions as it shall be the duty of the Issuer or the Owner Trustee to prepare, file or deliver
pursuant to the Basic Documents (other than any notice required to be delivered by the Owner Trustee pursuant to Sections 3.07, 6.03(e) and 10.04 of the Trust Agreement), and at the request of the Owner Trustee shall take all appropriate action that
it is the duty of the Issuer or the Owner Trustee to take pursuant to the Basic Documents. Subject to Section 5 of this Agreement, and in accordance with the reasonable written directions of the Owner Trustee, the Administrator shall
administer, perform or supervise the performance of such other activities in connection with the Collateral (including the Basic Documents) as are not covered by any of the foregoing provisions and as are expressly requested by the Owner Trustee and
are reasonably within the capability of the Administrator. 
 (ii) Notwithstanding anything in this Agreement or
the Basic Documents to the contrary, the Administrator shall be responsible for promptly notifying the Owner Trustee in the event that any withholding tax is imposed on the Issuer’s payments (or allocations of income) to a Certificateholder as
contemplated in Section 5.02(c) of the Trust Agreement. Any such notice shall specify the amount of any withholding tax required to be withheld by the Owner Trustee pursuant to such provision. 

(iii) Notwithstanding anything in this Agreement or the Basic Documents to the contrary, the Administrator shall be
responsible for performance of the duties of the Administrator set forth in Section 5.04(a), (b), (c), (d), (e) and (f) of the Trust Agreement with respect to, among other things, accounting and reports to the Certificateholders;
provided, however, that the Owner Trustee shall remain exclusively responsible for the mailing of the Schedule K-1s necessary to enable each Certificateholder to prepare its federal and state income tax returns. 

(iv) If any Certificateholder is not the Administrator or any of its Affiliates, the Administrator may satisfy its
obligations with respect to clauses (ii) and (iii) above and under the Trust Agreement by retaining, at the expense of the Administrator, a firm of independent public accountants (the “Accountants”) which shall perform the
obligations of the Administrator thereunder. 
 In connection with paragraph (ii) above, if any Certificateholder is not the
Administrator or any of its Affiliates, then the Administrator will cause the Accountants to provide, prior to December 1 of each year, a letter in form and substance satisfactory to the Owner Trustee as to whether any tax withholding is then
required and, if required, the procedures to be followed with respect thereto to comply with the requirements of the Code. The Accountants shall be required to update the letter in each instance that any additional tax withholding is subsequently
required or any previously required tax withholding shall no longer be required. 

  

					
		 	5	 	(Nissan 2013-A Administration Agreement)

 (v) The Administrator shall perform the duties of the Administrator
specified in Section 10.02 and Section 10.03 of the Trust Agreement required to be performed in connection with the resignation or removal of the Owner Trustee, and any other duties expressly required to be performed by the Administrator
under the Trust Agreement. 
 (vi) The Administrator shall perform all duties and obligations applicable to or
required of the Issuer set forth in Appendix A to the Sale and Servicing Agreement in accordance with the terms and conditions thereof. 
 (vii) The Administrator shall obtain on behalf of the Trust, at its own expense, all licenses required to be held by the Trust under the laws of any jurisdiction in connection with ownership of the
Receivables, and shall make all filings and pay all fees as may be required in connection therewith during the term hereof. 
 (viii) In carrying out the foregoing duties or any of its other obligations under this Agreement, the Administrator may enter into transactions with or otherwise deal with any of its Affiliates; provided,
however, that the terms of any such transactions or dealings shall be in accordance with any directions received from the Issuer and shall be, in the Administrator’s opinion, no less favorable to the Issuer than would be available from
unaffiliated parties. 
 (c) Non-Ministerial Matters. 

(i) With respect to matters that in the reasonable judgment of the Administrator are non-ministerial, the Administrator
shall not take any action unless within a reasonable time before the taking of such action the Administrator shall have notified the Owner Trustee of the proposed action and the Owner Trustee shall not have withheld consent thereto or provided an
alternative direction. For the purpose of the preceding sentence, “non-ministerial matters” shall include, without limitation: 
 (A) the amendment of the Indenture or execution of any supplement to the Indenture; 
 (B) the initiation of any claim or lawsuit by the Issuer and the compromise of any action, claim or lawsuit brought by or against the Issuer (other than in connection with the collection of the
Receivables); 
 (C) the amendment, change or modification of any of the Basic Documents; 

(D) the appointment of successor Note Registrars or successor Paying Agents pursuant to the Indenture or the appointment
of successor Administrators, or the consent to the assignment by the Note Registrar, Paying Agent or Indenture Trustee of its obligations, in each case under the Indenture; and 

  

					
		 	6	 	(Nissan 2013-A Administration Agreement)

 (E) the removal of the Indenture Trustee. 

  (ii) Notwithstanding anything to the contrary in this Agreement, the Administrator shall not be obligated to,
and shall not (x) make any payments to the Noteholders under the Basic Documents, (y) sell the Trust Estate pursuant to Section 5.04 of the Indenture, or (z) take any other action that the Issuer directs the Administrator not to
take on its behalf. 
  

	 	(d)	Notices to Rating Agencies. The Administrator will deliver to each Rating Agency notice (which notice shall be deemed to be delivered if delivered in accordance
with Section 10) of the occurrence of (i) any event of default for which it has been provided notice pursuant to Section 3.18 of the Indenture; (ii) any merger or consolidation of the Indenture Trustee pursuant to
Section 6.09 of the Indenture; (iii) any supplemental indenture pursuant to Section 9.01 and Section 9.02 of the Indenture; (iv) any merger or consolidation of the Owner Trustee pursuant to Section 10.04 of the Trust
Agreement; (v) any amendment to the Trust Agreement pursuant to Section 11.01 of the Trust Agreement; (vi) any Servicer Default for which it has been provided notice pursuant to Section 8.01 of the Sale and Servicing Agreement;
and (vii) any termination of, or appointment of a successor to, the Servicer for which it has been provided notice pursuant to Section 8.04 of the Sale and Servicing Agreement. 

2. RECORDS. The Administrator shall maintain appropriate books of account and records relating to services performed hereunder,
which books of account and records shall be accessible for inspection by the Issuer, the Owner Trustee and the Indenture Trustee at any time during normal business hours upon reasonable advance written notice. 

3. COMPENSATION. As compensation for the performance of the Administrator’s obligations under this Agreement and as
reimbursement for its expenses related thereto, the Administrator shall be entitled to a monthly payment of compensation in an amount to be agreed to between the Administrator and the Servicer, which shall be solely an obligation of the Servicer.

 4. ADDITIONAL INFORMATION TO BE FURNISHED TO THE ISSUER. The Administrator shall furnish to the Issuer from time to
time such additional information regarding the Collateral as the Issuer shall reasonably request. 
 5. INDEPENDENCE OF THE
ADMINISTRATOR. For all purposes of this Agreement, the Administrator shall be an independent contractor and shall not be subject to the supervision of the Issuer, the Owner Trustee or the Indenture Trustee with respect to the manner in which it
accomplishes the performance of its obligations hereunder. Unless expressly authorized by the Issuer hereunder or otherwise, the Administrator shall have no authority to act for or represent the Issuer, the Owner Trustee or the Indenture Trustee,
and shall not otherwise be or be deemed an agent of the Issuer, the Owner Trustee or the Indenture Trustee. 
 6. NO JOINT
VENTURE. Nothing contained in this Agreement shall (i) constitute the Administrator and any of the Issuer, the Owner Trustee or the Indenture Trustee as members 

  

					
		 	7	 	(Nissan 2013-A Administration Agreement)

 
of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) be construed to impose any liability as such on any of them or (iii) be
deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others. 
 7. OTHER ACTIVITIES OF ADMINISTRATOR. Nothing herein shall prevent the Administrator or its Affiliates from engaging in other businesses or, in its or their sole discretion, from acting as an
administrator for any other person or entity, or in a similar capacity therefor, even though such person or entity may engage in business activities similar to those of the Issuer, the Owner Trustee or the Indenture Trustee. 

8. TERM OF AGREEMENT; RESIGNATION AND REMOVAL OF ADMINISTRATOR. 

 

	 	(a)	This Agreement shall continue in force until the termination of the Issuer, upon which event this Agreement shall automatically terminate. 

 

	 	(b)	Subject to Sections 8(e) and 8(f), the Administrator may resign by providing the Issuer with at least 30 days’ prior written notice.

  

	 	(c)	Subject to Sections 8(e) and 8(f), the Issuer may remove the Administrator without cause by providing the Administrator at least 30 days’ prior
written notice. 

  

	 	(d)	Subject to Sections 8(e) and 8(f), at the sole option of the Issuer, the Administrator may be removed immediately upon written notice of termination from
the Issuer to the Administrator if any of the following events shall occur: 

 (i) the
Administrator shall fail to perform in any material respect any of its duties under this Agreement and, after notice of such default, shall not cure such default within 10 days (or, if such default cannot be cured in such time, shall not give within
such 10 days such assurance of timely and complete cure as shall be reasonably satisfactory to the Issuer); or 

(ii) an Insolvency Event shall occur with respect to the Administrator. 

The Administrator agrees that if the event specified in clause (ii) of this Section shall occur, it shall give
written notice thereof to the Issuer, the Owner Trustee and the Indenture Trustee within seven days after the occurrence of such event. 
  

	 	(e)	No resignation or removal of the Administrator pursuant to this Section shall be effective until (i) a successor Administrator shall have been appointed by the
Issuer and (ii) such successor Administrator shall have agreed in writing to be bound by the terms of this Agreement on substantially the same terms as the Administrator is bound hereunder. 

 

	 	(f)	 The appointment of any successor Administrator shall be effective only after the

  

					
		 	8	 	(Nissan 2013-A Administration Agreement)

 
Rating Agency Condition with respect to such appointment shall have been satisfied. Promptly after the appointment of any successor Administrator, the successor Administrator shall provide notice
of such appointment to each Rating Agency. 
  

	 	(g)	Subject to Section 8(e) and 8(f), the Administrator acknowledges that upon the appointment of a Successor Servicer pursuant to the Sale and Servicing
Agreement, the Administrator shall immediately resign and such Successor Servicer shall automatically succeed to the rights, duties and obligations of the Administrator under this Agreement. 

9. ACTION UPON TERMINATION, RESIGNATION OR REMOVAL. Promptly upon the effective date of termination of this Agreement pursuant to
Section 8(a) or the resignation or removal of the Administrator pursuant to Section 8(b) or 8(c) or 8(d), the Administrator shall be entitled to be paid all fees and reimbursable expenses accruing to it to the
date of such termination, resignation or removal. The Administrator shall forthwith upon such termination pursuant to Section 8(a) deliver to or to the order of the Issuer all property and documents of or relating to the Collateral then
in the custody of the Administrator. In the event of the resignation or removal of the Administrator pursuant to Section 8(b) or 8(c) or 8(d), the Administrator shall cooperate with the Issuer and take all reasonable steps
requested to assist the Issuer in making an orderly transfer of the duties of the Administrator. 
 10. NOTICES. Any
notice, report or other communication given hereunder shall be in writing and addressed as follows: 
  

	 	(a)	if to the Issuer or the Owner Trustee, to: 

 Nissan Auto Receivables 2013-A Owner Trust 
 In care of: Wilmington Trust, National
Association 
 Rodney Square North 
 1100 North Market Street 
 Wilmington, DE 19890 

Attention: Nissan Auto Receivables 2013-A Owner Trust 
 with a copy to: 
 Nissan Auto Receivables 2013-A Owner Trust 

In care of: Nissan Motor Acceptance Corporation 
 One Nissan Way 
 Franklin, TN 37067 

Attention: Treasurer 
  

	 	(b)	if to the Administrator, to: 

Nissan Motor Acceptance Corporation 
 One Nissan Way 
 Franklin, TN 37067 

Attention: Treasurer 

  

					
		 	9	 	(Nissan 2013-A Administration Agreement)

	 	(c)	if to the Indenture Trustee, to: 

Citibank, N.A. 

388 Greenwich Street, 14th Floor 
 New York, NY 10013 
 Attention: Agency & Trust – NAROT 2013-A

 or to such other address as any party shall have provided to the other parties in writing. Any notice required to be in writing hereunder
shall be deemed given if such notice is mailed by certified mail, postage prepaid, or hand delivered to the address of such party as provided above. 
 All notices, requests, reports, consents or other communications deliverable to any Rating Agency hereunder or under any other Basic Document shall be deemed to be delivered if a copy of such notice,
request, report, consent or other communication has been posted on any website maintained by or on behalf of NMAC pursuant to a commitment to any Rating Agency relating to the Notes in accordance with 17 C.F.R. 240 17g-5(a)(3). 

11. AMENDMENTS. This Agreement may be amended from time to time by a written amendment duly executed and delivered by the Issuer,
the Administrator, and the Indenture Trustee, with the consent of the Owner Trustee but without the consent of any Noteholder or Certificateholder, for the purpose of adding any provisions to or modifying or changing in any manner or eliminating any
of the provisions of this Agreement; provided that either (a) such amendment will not, as evidenced by an Officer’s Certificate of the Administrator, materially and adversely affect any Noteholder, or (b) the Rating Agency
Condition has been satisfied with respect to such amendment. This Agreement may also be amended from time to time by the Issuer, the Administrator, and the Indenture Trustee with the consent of the Owner Trustee and (i) the holders of Notes
evidencing a majority of the Outstanding Amount of the Notes, voting as a single class; or (ii) in the case of any amendment that does not adversely affect the Indenture Trustee, the Noteholders (as evidenced by an Officer’s Certificate of
the Servicer and an outside Opinion of Counsel indicating that such amendment will not adversely affect the Indenture Trustee or the Noteholders), the holders of the Certificates evidencing a majority of the outstanding Certificate Balance of the
Certificates, for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Agreement or of modifying in any manner the rights of those Noteholders or Certificateholders which are not covered by
the immediately preceding sentence. 
 12. SUCCESSOR AND ASSIGNS. This Agreement may not be assigned by the Administrator
unless such assignment is consented to in writing by the Issuer, the Owner Trustee and the Indenture Trustee, and the conditions precedent to appointment of a successor Administrator set forth in Section 8 are satisfied. An assignment
with such consent and satisfaction, if accepted by the assignee, shall bind the assignee hereunder in the same manner as the Administrator is bound hereunder. Notwithstanding the foregoing, this Agreement may be assigned by the Administrator without
the consent of the Issuer, the Owner Trustee and the Indenture Trustee to a corporation or other organization that is a successor (by merger, consolidation or purchase of assets) to the Administrator, provided that such successor organization
executes and delivers to the Issuer, the Owner Trustee and the Indenture Trustee an agreement in which such corporation or other organization agrees to be bound hereunder by the 

  

					
		 	10	 	(Nissan 2013-A Administration Agreement)

 
terms of said assignment in the same manner as the Administrator is bound hereunder. Subject to the foregoing, this Agreement shall bind any successors or assigns of the parties hereto.

 13. GOVERNING LAW. This Agreement shall be governed by and construed in accordance with the laws of the
State of New York, without reference to its conflict of law provisions (other than Section 5-1401 of the General Obligations Law of the State of New York), and the obligations, rights and remedies of the parties hereunder shall be determined in
accordance with such laws. 
 14. NO PETITION. Notwithstanding any prior termination of this Agreement, the
Administrator shall not, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court or government
authority for the purpose of commencing or sustaining a case against the Issuer under any federal or state bankruptcy, insolvency or similar law, or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar
official of the Issuer or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer. 
 15. HEADINGS. The section headings hereof have been inserted for convenience of reference only and shall not be construed to affect the meaning, construction or effect of this Agreement.

 16. COUNTERPARTS. This Agreement may be executed in counterparts, each of which when so executed shall together
constitute but one and the same agreement. 
 17. SEVERABILITY OF PROVISIONS. If any one or more of the agreements,
provisions or terms of this Agreement shall be for any reason whatsoever held invalid or unenforceable in any jurisdiction, then such agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or
terms of this Agreement and shall in no way affect the validity or enforceability of the other provisions of this Agreement or the other rights of the parties hereto. 
 18. NOT APPLICABLE TO NMAC IN OTHER CAPACITIES. Nothing in this Agreement shall affect any obligation, right or benefit NMAC may have in any other capacity or under any Basic Document. 

19. LIMITATION OF LIABILITY OF OWNER TRUSTEE AND INDENTURE TRUSTEE. Notwithstanding anything contained herein to the contrary,
this instrument has been countersigned by Wilmington Trust, National Association, not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer, and Citibank, N.A., not in its individual capacity but solely in its capacity
as Indenture Trustee under the Indenture and in no event shall Wilmington Trust, National Association in its individual capacity, Citibank, N.A., in its individual capacity, or any Certificateholder have any liability for the representations,
warranties, covenants, agreements or other obligations of the Issuer hereunder or in any of the certificates, notices or agreements delivered pursuant hereto, as to all of which recourse shall be had solely to the assets of the Issuer. Additionally,
the Indenture Trustee in its capacity hereunder shall be afforded the same indemnities, protections, rights, powers and immunities set forth in the 

  

					
		 	11	 	(Nissan 2013-A Administration Agreement)

 
Indenture as if such indemnities, protections, rights, powers and immunities were specifically set forth herein. 
 20. USAGE OF TERMS. With respect to all terms in this Agreement, the singular includes the plural and the plural the singular; words importing any gender include the other genders; references to
“writing” include printing, typing, lithography and other means of reproducing words in a visible form; references to agreements and other contractual instruments include all subsequent amendments, amendments and restatements, and
supplements thereto or changes therein entered into in accordance with their respective terms and not prohibited by this Agreement; references to Persons include their permitted successors and assigns; references to laws include their amendments and
supplements, the rules and regulations thereunder and any successors thereto; the term “including” means “including without limitation;” and the term “or” is not exclusive. 

[Signature Page Follows] 

  

					
		 	12	 	(Nissan 2013-A Administration Agreement)

 IN WITNESS WHEREOF, the parties have caused this Agreement to be duly executed and delivered
as of the day and year first above written. 
  

					
	NISSAN AUTO RECEIVABLES 2013-A OWNER TRUST
		
	By:	 	WILMINGTON TRUST, NATIONAL ASSOCIATION, not in its individual capacity but solely as Owner Trustee
			
		 	By:	 	  

		 	Name:	 	
		 	Title:	 	
	
	CITIBANK, N.A., not in its individual capacity but solely as Indenture Trustee
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	NISSAN MOTOR ACCEPTANCE CORPORATION, as Administrator
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	WILMINGTON TRUST, NATIONAL ASSOCIATION, not in its individual capacity but solely as Owner Trustee
		
	By:	 	  

	Name:	 	
	Title:	 	

  

					
		 	S-1	 	(Nissan 2013-A Administration Agreement)Offer Letter

 Exhibit 10.58 

 
 

 
 Joseph C. Lawler 
 Chairman and Chief Executive Officer 
 1601 Trapelo Road. Suite 170

 Waltham. MA 02451 
 jlawler@moduslink.com 
 tel: 781.663.5017 

fax: 781.663.5045 

Via Email 
 August 1, 2011

 Mr. Scott R. Crawley 

6702 Rivercrest Drive 
 Austin. TX 78746

 Dear Scott: 
 It is a distinct
pleasure to offer you the position of President. Value Added Services for ModusLink Global Solutions, Inc. (“ModusLink” or the “Company”). In this capacity you will be a member of Company’s Executive Leadership Team and
report to Joseph C. Lawler, Chairman, President and Chief Executive Officer of ModusLink. This letter updates and supersedes my letter of July 21, 2011 to you. 
 Your annualized base salary will be $350,000, paid bi-weekly. For fiscal year 2012, you will participate in the Company’s FY2012 Executive Management Incentive Plan (the “EMIP”) (which will
be established by the Human Resources and Compensation Committee of the Board of Directors (the “Compensation Committee”)) with a target bonus of 60% of your base salary. The actual bonus payments, if any, which you receive will be subject
to the terms and conditions of the EMIP. All salary and bonus payments are subject to normal deductions and withholdings. 
 Upon commencement
of employment you will also be paid a sign-on bonus of $70,000, less applicable taxes and withholdings (the “Sign-On Bonus”). In the event you voluntarily terminate your employment prior to the first anniversary of your start date, you
will be required to return 100% of the Sign-On Bonus to the Company. In the event that you voluntarily terminate your employment prior to the second anniversary of your start date, you will be required to return 50% of the Sign-On Bonus to the
Company. Should you remain employed by the Company after the second anniversary of your start date, you will not be required to return any portion of the Sign-On Bonus. 
 In addition, on your start date, you will be granted two stock options. One award will be an option to purchase 35,000 shares of ModusLink common stock (the “Standard Option”), and the other,
award will be an option to purchase 50,000 shares of ModusLink common stock (the “Performance Option” and collectively with the Standard Option, the “Options”). Both Options will be awarded under the Company’s 2010 Incentive
Award Plan (the “Plan”) and will be priced at the closing price of ModusLink’s common stock (during normal trading hours) on the date of grant. With respect to 

 Mr. Scott A. Crawley 
  Page
 2
 
 August 1, 2011 
  

 the Standard Option, provided you remain employed by the Company on each vesting date, the vesting
schedule of the Standard Option shall be as follows: 25% of the shares underlying the option shall vest and become exercisable on the first anniversary of the date of grant and 1/48th of the shares underlying the option shall vest and become
exercisable on each monthly anniversary date of the date of grant starting on the 13th monthly anniversary date of the date of grant, so that the option becomes fully vested and exercisable on the fourth anniversary of the date of grant. With
respect to the Performance Option, provided you remain employed by the Company on each vesting date, the vesting schedule of the Performance Option shall be as follows: the Performance Option will be divided into five tranches, each relating to 20%
of the shares underlying the Performance Option and one tranche (first, second, third, fourth or fifth, as the case may be) shall vest and become exercisable, on each of the first five anniversaries of the date of grant, provided that in each such
case a minimum price per share of the common stock (as calculated below and adjusted for stock splits or other changes in capitalization) (the “Price Performance Threshold”) has been achieved. The Price Performance Threshold for the first
through fifth tranches of options shall be $7.00, $8.50, $11.00, $12.50 and $14.00, respectively, and shall be measured by calculating the average closing stock price on the relevant anniversary date for the three month period ending on such date.
To the extent shares do not vest on the designated anniversary date, vesting may occur on a subsequent anniversary date if the performance criteria are met, when measured on the subsequent anniversary date, through the fifth anniversary date. (For
example, if the grant date is August 15, 2011, and the average price in the three-month period ending August 15, 2012 is $7.00, then the first tranche or 20% of the Performance Option will vest. If the average price measured at the first
anniversary is below $7.00, but the average price measured at the second anniversary is $8.50, then the first and second tranches of the Performance Option will vest. If the average price measured on the second anniversary is below $8.50, but the
average price measured on the third anniversary is at $8.50, the second tranche (but not the third tranche) would then vest.) Unless terminated earlier by their terms, the Options shall have a seven (7) year term. 

On your start date, you will also be awarded 25,000 shares of restricted common stock of ModusLink. This award will be made pursuant to the Plan.
Provided you remain employed by the Company on each vesting date, the restrictions with respect to the restricted stock award will lapse in three equal annual installments (each with respect to 1/3 of the award), on each of the first three
anniversary dates of your start date. The Company encourages you to promptly speak with your own tax or legal advisor with respect to the tax effect and any filings that you may want to make with the Internal Revenue Service in connection with this
restricted stock award. 
 The Options and the restricted stock award described above will each be subject to all terms, limitations,
restrictions and termination provisions set forth in the Plan and in the separate option and restricted stock agreements (which will be based upon the Company’s standard forms of option and restricted stock agreement) that will be executed to
evidence the grant of such Options and award of restricted stock. You will also be required to execute the Company’s standard form of Non-Competition Agreement as a condition of ModusLink granting you an option to purchase ModusLink common
stock, awarding you shares of ModusLink restricted stock and your employment with the Company. Additionally, as a condition of employment with the Company, you will be required to execute the Company’s standard form of Non-Disclosure and
Developments Agreement. 

 Mr. Scott A. Crawley 
  Page
 3
 
 August 1, 2011 
  

 The Company will also provide you with relocation benefits as discussed by you and me and consistent
with the Company’s normal practices and policies. These benefits shall not exceed $50,000 in the aggregate. 
 In addition, as a senior
executive of the Company you will be a participant in the Company’s FY2012 Performance-Based Restricted Stock Bonus Plan. Under this plan, as anticipated to be established by the Compensation Committee, if the Company meets certain financial
goals in fiscal 2012, participants will receive a pre-determined number of shares of restricted stock, corresponding to threshold, target and maximum levels. If the financial goals are not met, no awards will be made under this plan. Participation
levels under the Performance-Based Restricted Stock Bonus Plan will be set by the Compensation Committee. 
 In addition, you will be provided a
monthly car allowance in the amount of $1,000, which will be treated for tax purposes as additional compensation to you. As an employee of the Company, you also will be entitled to vacation in accordance with the Company’s vacation policies and
will participate in any and all benefit programs, other than any severance arrangement, that the Company establishes and makes generally available to its employees from tune to time, provided you are eligible under (and subject to all provisions of)
the plan documents governing those programs. Details of the benefits offered will be reviewed with you in orientation on your first day of employment. 
 You will be an employee at will, meaning that either you, or the Company, may terminate your employment at any time and for any or no reason, with or without notice. 

As a senior executive, you will enter into an Executive Severance Agreement in the Company’s usual form, which will provide that should the Company
terminate your employment without Cause you will be entitled to receive 12 months base salary. Payment of this amount would be made in accordance with the Company’s regular pay periods, for the 12-month period following your date of
termination. In addition, in the event that during your employment with the Company, the Company undergoes a Change in Control, and within one year after the Change in Control your employment is terminated by the Company, other than for Cause, or by
you for Good Reason, you will be entitled to receive 12 months base salary plus your target bonus and all unvested outstanding equity awards will become vested. Payment of these amounts would be made in accordance with the Company’s regular pay
periods, for the 12-month period following your date of termination, including prorated installments of your bonus. All capitalized terms used in this paragraph are defined in the Executive Severance Agreement and the summary description provided in
this paragraph is subject to all terms and conditions contained in the Executive Severance Agreement. In the event of any conflict between the terms of this paragraph and the terms of the Executive Severance Agreement, the Executive Severance
Agreement shall govern. Any payment of severance benefits will be conditioned upon your execution of the Company’s standard form of general release. 

 Mr. Scott A. Crawley 
  Page
 4
 
 August 1, 2011 
  

 You represent and warrant that (i) you have advised the Company in writing of any agreement
relating to non-competition, non-solicitation or confidentiality between you and your previous employer, (ii) you are not a party to or bound by any other employment agreement, non-compete agreement or confidentiality agreement with any other
person or entity which would be violated by your acceptance of this position or which would interfere in any material respect with the performance of your duties with the Company and (iii) you will not use any confidential information or trade
secrets of any person or party other than the Company in connection with the performance of your duties with the Company. 
 In accordance with
current federal law, all new employees must provide documentation proving their eligibility to work in the United States. Please review the Employment Eligibility Verification Form (Form 1-9) and the list of acceptable documents that was required,
along with other documents, in the recent Federal Express mailing. Since the law requires that this documentation be presented as a condition of employment please have this available on your first day of work. Additionally, this offer is contingent
upon you successfully completing the Company’s drug screen. The details necessary to complete such testing were also included in the recent mailing. You are also required to undergo a background check, including a criminal background check, and
your employment is contingent upon results satisfactory to the Company. 
 Please confirm your acceptance of this position by signing one copy
of this letter and returning it to me. As we have discussed, your start date will be September 7, 2011. Please complete, sign and return the enclosed Massachusetts Tax Form, W-4, Direct Deposit Form (if you would like to have your pay check
directly deposited to a bank account), and the Company’s Code of Conduct, as well as both non-disclosure and non-competition agreements that were in the recent mailing. Also enclosed here for your review is a copy of ModusLink’s Policy on
Trading of Securities and Public Disclosures. 
 If you choose to fax the documents, please fax a copy of your signed offer
letter and all the enclosed documents to 781-663-5045 and bring the originals with you on your first day. If you wish to overnight the original documents, please mail one copy of your signed offer letter and the entire enclosed package to ModusLink
Global Solutions, Inc., 1601 Trapelo Road, Suite 170, Waltham, MA 02451, attention: Peter L. Gray. (You will note that our corporate headquarters address has changed, effective with our move on July 15th.) 
 This offer letter constitutes the entire agreement between you and the Company and supersedes all prior offers, both verbal and written. This offer automatically expires as of the close of business (5:00
p.m., Boston time) on Tuesday, August 2, 2011. This letter does not constitute a contract of employment or impose on the Company any obligation to retain you as an employee for any set amount of time. 

 Mr. Scott A. Crawley 
  Page
 5
 
 August 1, 2011 
  

 Scott, we are very pleased by the prospect of your addition to our team, and we are confident that you
will make a significant contribution to our future success! 
  

	
	Sincerely,
	
	 /s/ Joseph C. Lawler
  

	Joseph C. Lawler
	Chairman and Chief Executive Officer

  

							
	Agreed and accepted:	 		 		 	
				
	 /s/ Scott R. Crawley
	 		 	 8/2/11
	 	
	Scott R. Crawley	 		 	Date

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