Document:

Exhibit

CERTAIN PORTIONS OF THIS EXHIBIT HAVE BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AS INDICATED BY [REDACTED] AND SEPARATELY FILED WITH THE COMMISSION.

July 16, 2016

Mr. Michael Schmidt
Avis Budget Car Rental, LLC
6 Sylvan Way
Parsippany, NJ 0705

Dear Mr. Schmidt:
This letter sets forth the agreement (“Agreement”) between Avis Budget Car Rental, LLC (“ABG”) and General Motors LLC (“GM”) regarding ABG’s purchase or lease of 2016 Model Year GM vehicles from authorized GM dealers under i) the 2016 Model Year Daily Rental Purchase Program, ii) the 2016 Model Year National Fleet Purchase Program, and iii) other incentive programs available to ABG and for which it qualifies.

The terms and conditions of this Agreement are as follows:
		
	1.
	2016 MY Daily Rental VN9 Purchase Program

		
	(a)
	GM will make 2016 Model Year vehicles available under the terms and conditions of GM’s 2016 MY Daily Rental VN9 Purchase Program, such terms and conditions being set forth in Attachment 1.  

		
	(b)
	ABG agrees to purchase or lease GM vehicles from authorized GM dealers in a mix as detailed in Attachment 1A.

		
	(c)
	So long as ABG purchases or leases from authorized GM dealers the requisite number of vehicles in a mix as detailed in Attachment 1A, and is in compliance with all other provisions of this Agreement, GM will pay the 2016 MY Daily Rental Purchase Program volume bonus listed in Attachment 1.  

		
	(d)
	Payment of 2016 MY Daily Rental VN9 Purchase Program incentives will be made upon submission of vehicle information required under Attachment 4.

		
	(e)
	GM or a GM subsidiary/affiliate will purchase 2016 Model Year vehicles tendered by ABG that qualify for purchase under the terms and conditions of GM’s 2016 MY Daily Rental VN9 Purchase Program, such terms and conditions being set forth in Attachment 1B and Attachment 1C.

		
	(f)
	Vehicles purchased or leased from authorized GM dealers under the 2016 MY Daily Rental VN9 Purchase Program must be ordered with FAN 801033 and must have “VN9” (Purchase Identifier) and “BQ2” (ABG Customer Code) on the order(s).

		
	(g)
	All Minimum Equipment Requirements must be met by vehicle line in accordance with the terms and conditions of the 2016 MY Daily Rental VN9 Purchase Program.  If the Minimum Equipment Requirements are not met for the vehicle line, the entire 2016 [*REDACTED*] bonus for such vehicle line will be forfeited for all volume purchased under that program.

		
	2.
	2016 Model Year [*REDACTED*]  Bonus

		
	(a)
	So long as ABG purchases or leases from authorized GM dealers the requisite number of vehicles in a mix satisfactory to GM, as described in Attachment 3, and is in compliance with the provisions of this Agreement, GM will pay ABG the Matrix Bonus indicated in Attachment 3.  The [*REDACTED*]  Bonus will be in addition to any other incentives for which ABG qualifies under the 2016 MY Daily Rental VN9 Purchase Program.

		
	(b)
	Payment of the [*REDACTED*]  Bonus and other any other incentives for which ABG qualifies under the 2016 MY Daily Rental VN9 Purchase Program will be made upon submission of the vehicle information required pursuant to Attachment 4. 

		
	(c)
	All Minimum Equipment Requirements must be met by vehicle line in accordance with the terms and conditions of the 2016 MY Daily Rental VN9 Purchase Program.  If the Minimum Equipment Requirements are not met for the vehicle line, the entire 2016 MY [*REDACTED*] Bonus for such vehicle line will be forfeited for all volume purchased under that program.

		
	3.
	2016 Model Year [*REDACTED*] Bonus

		
	(a)
	GM will offer ABG a 2016 Model Year [*REDACTED*] Bonus payment for select 2016 Model Year vehicles acquired under GM’s 2016 MY Daily Rental VN9 Purchase Program, 2016 MY YT5 Flat Rate Program, and 2016 MY National Fleet VX7 Risk Program.  

		
	(b)
	GM will pay ABG the 2016 Model Year [*REDACTED*] Bonus amount, as detailed in Attachment 2A and Attachment 3.  

		
	(c)
	The total agreed upon volume as detailed in Attachment 3 must be entered into VOMS by no later than March 15, 2016.  

		
	(d)
	The 2016 Model Year [*REDACTED*] Bonus is payable on or before September 30, 2016 in accordance with the terms set forth in Attachment 4, excluding the electronic VIN submission to RIMS.

		
	(e)
	All minimum equipment requirements must be met by vehicle line, as detailed in Attachment 1A and Attachment 2A.  If the minimum equipment requirements are not met for the vehicle line, the entire 2016 Model Year [*REDACTED*] Bonus will be forfeited for all [*REDACTED*] purchased under that program.  As an example, if minimum equipment requirements are not met for Impala models, then the 2016 Model Year [*REDACTED*] Bonus for all Impala models sold under the VN9 program will be forfeited.

		
	4.
	2016 MY YT1 Flat Rate Program

		
	(a)
	GM will make the 2016 Model Year vehicles listed in Attachment 3 available under the terms and conditions of GM’s 2016 MY YT1 Flat Rate Program, such terms and conditions being set forth in Attachment 1D.

		
	(b)
	 ABG agrees to purchase or lease GM vehicles from authorized GM dealers in a mix as detailed in Attachment 1D.

		
	(c)
	GM or a GM subsidiary/affiliate will purchase 2016 Model Year vehicles tendered by ABG that qualify for purchase under the terms and conditions of GM’s 2016 MY YT1 Flat Rate Program, such terms and conditions being set forth in Attachment 1B and Attachment 1D.

		
	(d)
	[*REDACTED*] vehicles ordered under the 2016 MY YT1 Flat Rate Program will receive an [*REDACTED*] as set forth in Attachment 1D.  [*REDACTED*]

		
	5.
	2016 MY National Fleet VX7 Risk Purchase Program

		
	(a)
	GM will make 2016 Model Year vehicles available under the terms and conditions of GM’s 2016 MY National Fleet VX7 Risk Purchase Program, such terms and conditions being set forth in Attachment 2. 

		
	(b)
	ABG agrees to purchase or lease from authorized GM dealers 2016 Model Year vehicles in a mix as detailed in Attachment 2A.

		
	(c)
	So long as ABG purchases or leases from authorized GM dealers the requisite number of vehicles in a mix as detailed in Attachment 2A, and is in compliance with all other provisions of this Agreement, GM will pay the Risk Incentive(s) listed in Attachment 2A.  These Risk Incentive(s) will be in addition to any other incentives under the 2016 MY National Fleet VX7 Risk Purchase Program, but will be in lieu of all other retail sales and fleet incentives.

		
	(d)
	Payment of 2016 MY National Fleet VX7 Risk Purchase Program incentives will be made upon submission of vehicle information required under Attachment 4.

		
	(e)
	Vehicles purchased or leased from authorized GM dealers under the 2016 MY National Fleet VX7 Risk Purchase Program must be ordered with FAN 801033 and must have “VX7” (Risk Identifier) and “BQ2” (ABG Customer Code) on the order(s).

		
	(f)
	All Minimum Equipment Requirements must be met by vehicle line in accordance with the terms of the 2016 MY National Fleet VX7 Risk Purchase Program Minimum Equipment Guidelines as detailed in Attachment 2A.  If the Minimum Equipment Requirements are not met for the vehicle line, the entire 2016 [*REDACTED*] bonus for such vehicle line will be forfeited for all volume purchased under that program.

		
	6.
	2016 Model Year [*REDACTED*] Program

		
	(a)
	GM will offer ABG a 2016 MY [*REDACTED*] Program under the terms and conditions of GM’s 2016 MY [*REDACTED*] Program, such terms and conditions being set forth in Attachment 1R.

		
	(b)
	GM agrees to pay the incentives and the [*REDACTED*] detailed in Attachment 3.

		
	(c)
	The payments will be made on a quarterly basis, in the months of March, June, September and December and in accordance with the terms and conditions set forth in Attachment 4.

		
	7.
	The total agreed upon vehicle volume as detailed in Attachment 3 must be entered into VOMS no later than April 20, 2016.

		
	8.
	The presently agreed upon production timing and vehicle volumes and mix are set forth in Attachment 3A, such production and vehicle volumes and mix being subject to reasonable and minor adjustments based upon agreement of the parties.  However, with GM’s consent, ABG may make product substitutions, provided that such substitutions will not reduce the total volume of 2016 Model Year vehicles to be purchased or leased from authorized GM dealers.  

		
	9.
	ABG will provide to GM, at the beginning of the month, a four month schedule of projected vehicle returns. The schedule will breakout the vehicle returns by site for the current month, as well as for the subsequent three months.  Submission of the information required by this Section 8 is a condition to receiving incentives under this Agreement.

		
	10.
	ABG will place orders no more than [*REDACTED*] or less than [*REDACTED*] of a month’s production in any week provided GM can make such a production commitment. After two weeks of moving orders to event code 3000 for a given production period the orders will be deemed to comply with the limitation indicated above. All vehicle minimum equipment requirements will be placed for production on a monthly basis.  Any vehicles which do not meet the minimum equipment requirements will not be paid the [*REDACTED*] Bonus as provided in Section 9(e).  

 
		
	11.
	If ABG purchases an existing Avis Licensee or substantially all of the assets of an existing Avis Licensee during the 2016 Model Year, and such existing Avis Licensee is a

participating Avis Licensee under the terms of the Agreement between the Avis Licensee Association and GM for the 2016 Model Year (“ALA Agreement”), then GM agrees to accept an assignment to ABG of the purchase volume, mix, and monies identified in the Participation Form executed by the Participating Avis Licensee under the ALA Agreement, as long as the agreement is signed by the existing Avis Licensee, the Avis Licensee Association, if applicable, and ABG, and is in a form acceptable to GM.

		
	12.
	If ABG purchases an existing Budget Licensee or substantially all of the assets of an existing licensee during the 2016 Model Year, and such existing Budget Licensee is a participating Budget Licensee under the terms of the Agreement between the Car Rental Licensee Association and GM for the 2016 Model Year, then GM agrees to accept an assignment to ABG of the purchase volume, mix, and monies identified in the Participation Form executed by the Participating Budget Licensee under the Car Rental Licensee Association Agreement, as long as an agreement is signed by the existing Budget Licensee, the Car Rental Licensee Association, if applicable, and ABG, and is in a form acceptable to GM. 

		
	13.
	Notwithstanding anything to the contrary contained in this Agreement (including in the attachments hereto), no vehicle will be accepted for return by GM or its agent until such time as the title to such vehicle has been assigned and/or transferred on behalf of ABG upon the sale of such vehicle to an automotive dealer or the purchase of such vehicle by GM following the transfer of such vehicle from the Daily Rental Guaranteed Residual Program to the Daily Rental Acquisition Program. For the avoidance of doubt, Form AD006 will evidence a conditional acceptance of vehicles turned in by ABG. References to acceptance in the attachments hereto refer to such conditional acceptance evidenced by Form AD006.

		
	14.
	Part of the consideration for ABG’s entry into this Agreement is GM or its subsidiary’s continuing obligation to purchase vehicles from ABG in accordance with the terms of GM or its subsidiary’s 2016 Model Year Daily Rental Purchase Programs.  Accordingly, it will be a condition of ABG’s obligations to purchase vehicles under this 2016 Model Year Daily Rental Purchase Program Agreement that GM or its subsidiary performs its vehicle purchase obligations in all material respects with respect to eligible vehicles tendered by ABG under the terms of GM or its subsidiary’s 2016 Model Year Purchase Programs.

		
	15.
	GM will make available to ABG a daily rental purchase program for the [*REDACTED*] Model Years (refer to Attachment 7).

		
	16.
	ABG agrees that it will hold harmless GM, its subsidiaries, affiliates, or agents (collectively, the “Indemnified Parties”) from any and all liabilities arising from making available auctions which it may sponsor, promote, organize, or otherwise create as a facility for sale of vehicles by an authorized auctioneer for the benefit of ABG, except for the gross negligence or intentional misconduct by any of the Indemnified Parties.

		
	17.
	ABG and its subsidiaries AESOP Leasing L.P. (“AESOP Leasing”), Avis Rent A Car System, LLC. (“Avis”) and Budget Rent A Car System, Inc. (“Budget”) have engaged AESOP Exchange Corporation as a qualified intermediary (“QI”) for the purpose of facilitating a like kind exchange program under Section 1031 of the Internal Revenue Code of 1986, as amended. As such, ABG, AESOP Leasing, Avis and Budget have assigned to AESOP Exchange Corporation, acting in its capacity as QI, all of their rights, but not their obligations, in any existing manufacturer purchase agreements they may have with GM either for the purchase of replacement vehicles or after a qualifier term of use for the purchase of relinquished vehicles. This applies to all future purchases of replacement vehicles or relinquished vehicles unless specifically excluded in writing.

		
	18.
	If either Party cannot fulfill any terms of this Agreement due to events beyond its control, such as acts of God, labor disputes, and severe economic downturns, the Party affected by the event shall promptly notify the other Party and the Parties will enter into negotiations with the intent of minimizing the impact of the event on the business contemplated under this Agreement.

		
	19.
	Should ABG elect to cancel any vehicle orders placed with authorized GM dealers that are at Event Code 3000 or later, ABG will be assessed a fee of [*REDACTED*] per vehicle, payable to GM upon demand. However, the fee will not be assessed if the current production has been delayed more than three weeks from the originally scheduled production week. Further, this fee will not apply if ABG chooses to redirect the shipment of any vehicles that are at Event Code 3000 or later.

		
	20.
	ABG agrees to retain any documents or records relevant to vehicles purchased or leased from authorized GM dealers under this Agreement or any other GM program, and/or claims submitted for payment under this Agreement or any other GM program, for two years after the close of the program.  ABG will permit any designated representative of GM to examine, audit and take copies of any accounts and records ABG is required to maintain under this Agreement. ABG will make such accounts and records readily available at its facilities during regular business hours upon reasonable advance notice. GM will furnish ABG with a list of any reproduced records.

		
	21.
	SiriusXM Satellite Radio Service is not included with the vehicles covered by this Agreement.  To determine the availability of SiriusXM Satellite Radio Service, please contact SiriusXM directly.

		
	22.
	ABG agrees that it will obtain approval from GM prior to using the GM vehicles and/or products in advertising and promotional materials or activities.    

		
	23.
	This Agreement and its terms are confidential and intended for the sole use of ABG and GM.  Neither this Agreement nor its terms may not be disclosed to any third party, other than a party’s parent, subsidiaries, AESOP Leasing, and their respective outside counsel and accountants and interested financial institutions or as may be required by legal processes or applicable securities laws.  In the event of legal process or applicable securities laws, the Party served will notify the other Party to allow them sufficient time to interpose legal objections to disclosure.

		
	24.
	This Agreement and its Attachments represent the entire agreement regarding the subjects herein between ABG and GM and may be modified only in a writing executed by an authorized representative of each of the Parties.

		
	25.
	This Agreement will in all respects be interpreted, enforced and governed under the laws of the State of Michigan, without regard to the conflicts of law and principles thereof.

On behalf of GM, I would like to express my appreciation for your business and hope this Agreement will continue to strengthen our business relationship.

Please return an executed copy of this Agreement acknowledging your acceptance to its terms and conditions.

                        
Very truly yours,

	
			
	/s/ Edward J. Peper
	 
	Date:  7-16-15

	Edward J. Peper
	 
	 

	General Motors LLC
	 
	 

	U.S. Vice President, Fleet and Commercial Sales
	 
	 

	
			
	/s/ Michael Schmidt
	 
	Date:  8/14/15

	Michael Schmidt
	 
	 

	Avis Budget Car Rental, LLC
	 
	 

	Senior Vice President, Fleet Services
	 
	 

GM Approvals:

	
			
	/s/ Stephen J. Hill
	 
	Date:  7-31-15

	Stephen J. Hill
	 
	 

	General Motors LLC
	 
	 

	North America Vice President, U.S. Sales and Service
	 
	 

	
			
	/s/ Edward J. Toporzycki
	 
	Date:  7/20/15

	Edward J. Toporzycki
	 
	 

	General Motors LLC
	 
	 

	CFO & Executive Director, U.S. Sales Operations
	 
	 

Attachments Key

	
		
	Attachment 1
	2016 MY Daily Rental Purchase Program Guidelines (VN9)

	Attachment 1A
	2016 MY VN9 Minimum Equipment Guidelines

	Attachment 1B
	2015 CY Turn-In Standards and Procedures

	Attachment 1C
	2016 MY VN9 Tier Program – Guidelines, Rates and Parameters

	Attachment 1D
	2016 MY YT1 Flat Rate Program – Guidelines, Rates and Parameters

	Attachment 1R
	2016 MY [*REDACTED*] Program Guidelines

	Attachment 1T
	True Up Payments Calendar 2015 CY and 2016CY

	Attachment 2
	2016 MY National Fleet Risk Purchase Program Guidelines (VX7)

	Attachment 2A
	VX7 Minimum Equipment Requirements and Incentives

	Attachment 3
	2016 MY VN9 and VX7 Volume and Incentives

	Attachment 3A
	2016 MY Production Schedule

	Attachment 4
	Rental Incentives Payment Terms and Calendar

	Attachment 6 
	Not applicable

	
			
	Confidential
	 
	Attachment 1

GM
2016MY DAILY RENTAL VN9 PURCHASE PROGRAM GUIDELINES

		
	 1.
	PROGRAM NAME AND NUMBER:

2016 Model Year Daily Rental VN9 Purchase Program Guidelines for Daily Rental Fleet Customers (AP)
Program Code:  VN9    

		
	 2.
	PROGRAM DESCRIPTION:

This program makes available to GM dealers and qualified Daily Rental Fleet Customers (hereinafter “DRFC” or “DRFCs”) purchase information on selected 2016 Model Year passenger cars and light duty trucks that are sold and delivered by GM dealers to qualified DRFCs and are eligible for purchase by GM in accordance with these guidelines.

The following are not eligible for this program:
-    Preferred Equipment Group (P.E.G.)/Option package discounts
-     Van Conversions (including Hi-Cube and Step-Van) & Full Size Cargo Vans
-     Vehicles delivered from dealer inventory
        
A qualified DRFC must have a GM Fleet Account Number (GM FAN) to be eligible for any GM fleet incentive.
                
		
	3.
	PROGRAM START DATE/PROGRAM END DATE/IN SERVICE PERIOD:

Program Start Date:  Opening of 2016 Model Year ordering system
Program End Date:      When dealers are notified that 2016 Model Year fleet orders are no longer being accepted by GM
    
In-Service Period:
The In-Service Date is the Expiration in Transit date on the invoice plus five (5) days.  Refer to the Tier Program Parameters (Attachment 1C) and to the 2016 MY Flat Rate Program Guidelines (Attachment 1D) for minimum and maximum In-Service periods applicable to individual programs.   All vehicles to be purchased by GM under this program must be returned and accepted by July 31, 2018.  Non-returned vehicles must remain in service a minimum of six (6) months (180 days) from In-Service Date.  GM reserves the right to audit the DRFC to ensure compliance with the minimum six (6) month In-Service requirement.  Frame, fire, stolen, embezzled and/or water damaged vehicles which are ineligible for purchase do not have a minimum In-Service period.  Documentation on these vehicles must be retained on file for audit purposes.
    
IMPORTANT - Acceptance of an order on any vehicle line does not constitute a commitment to build or to build within a specific time frame.

		
	 
	All vehicles, including non-returned vehicles, supplied by GM are subject to the export control laws and regulations of the United States and the DRFC and dealers will comply with such laws and regulations.  

		
	4.
	ELIGIBLE MODELS/REQUIRED OPTIONS FOR ORDER AND DELIVERY:

Eligible Models:
All new and unused 2016 Model Year GM vehicles with the required minimum factory installed equipment levels specified in Attachment 1A – 2016 MY Daily Rental VN9 Minimum Equipment Guidelines and the processing options ordered for qualified DRFCs for use as daily rental vehicles which are sold and delivered by GM dealers are eligible for this program.

Required Options for Order and Delivery:
All orders must contain the fleet processing option VN9 and the DRFC code to be enrolled in the Tier Program.  Flat Rate programs will require an additional processing option.  Refer to Attachment 1D – 2016 

1

	
			
	Confidential
	 
	Attachment 1

MY Flat Rate Program Guidelines for additional processing options.  Vehicles must be ordered with minimum option requirements specified in Attachment 1A. Processing Option VN9 will provide a net invoice less holdback.  Vehicles ordered with option VN9 receive order date price protection (PRP).

Dealers are responsible for including the proper processing option on all orders.  Should errors occur in the ordering of vehicles, resulting in diversions or re-invoicing, the ordering GM dealer may be charged an administrative fee by GM.

All orders must include the following:
		
	a.
	Valid GM FAN (Fleet Account Number)

		
	b.
	Option Codes: VN9 and DRFC code

		
	c.
	Order Type:  FDR 

		
	d.
	Delivery Type: 020 – Daily Rental 

    
Dealer orders currently on hand or in the system that qualify for this program, and that have the appropriate processing options, can be amended only if they have not been released to production.   This is the ordering dealer's responsibility.

Vehicles delivered to the DRFC’s drop ship sites must have the assigned DRFC code on the window label and the delivery receipt(s) must be checked to verify proper ownership of the vehicle.  GM Customer Support should be contacted immediately regarding vehicles delivered to the wrong drop ship site to determine the appropriate course of action.  Vehicles that were incorrectly delivered must not be placed into rental service.  GM reserves the right to deny incentives on vehicles in rental service that have been incorrectly delivered and accepted or titled.  

		
	 5.
	COMPATIBLE INCENTIVES AND ALLOWANCE PROGRAMS:

Vehicles enrolled in the 2016 MY Daily Rental VN9 Purchase Program are not eligible for any other fleet/retail program, including, but not limited to, the Dealer Fleet Ordering Assistance Program (VQ) and any GM Dealer Rent A Car program(s).  

		
	FLEET CUSTOMERS (GM FAN HOLDERS)  
	      YES/NO

GENERAL
	
		
	GM MOBILITY
	(MOB/MOC/R8L) N

	SALESPERSON / SALES MGR. INCENTIVES
	N

	CASH DIRECT MAILS/PRIVATE OFFERS/GENERAL
	N

	COUPONS/CERTIFICATES/NON-CASH VENDOR PROGRAMS
	N

	GM BUSINESS CARD
	(UDB) N

	             CONSUMER CASH
	N

	DEALER CASH
	N

	BONUS CASH
	N

	              OPTION PACKAGE DISCOUNTS
	N

2

	
			
	Confidential
	 
	Attachment 1

PRICING
	
		
	PRICE PROTECTION/BONA FIDE SOLD ORDER
	(PPT W/VX7) N

	PRICE PROTECTION/ORDER DATE
	(PRP) Y

 

ORDER/DELIVERY
	
		
	FLEET ORDERING & ASSISTANCE
	(VQ1/VQ2/VQ3) N

	INTRANSIT INTEREST CREDIT
	(C4C) Y

RENTAL
	
		
	REPURCHASE
	 (VN9) Y

	FLAT-RATE REPURCHASE
	(YT1 THROUGH YT9) Y

	RISK
	(VX7) N

	GM DEALER RENT-A-CAR
	(FKR/FKL) N

GOVERNMENT
             	
		
	PSA/PURA/BID ASSISTANCE/CE
	(R6D/PBP/PBS) N

         
FLEET/COMMERCIAL
	
		
	NATIONAL FLEET PURCHASE PROGRAM
	(FVX/FPP) N

	RETAIL ALTERNATIVE
	(CNC/CNE/CSE/CSR/CWE) N

	SMALL FLEET APR ALTERNATIVE
	(XMC) N

	GM'S BUSINESS CUSTOMERS CHOICE
	N

	TRUCK STOCKING
	(TSI) N

	MOTOR HOME INCENTIVE
	(R7Y) N

	SCHOOL BUS/SHUTTLE BUS/AMBULANCE INCENTIVE
	(R6H) N

	RECREATIONAL VEHICLE INCENTIVE
	(R6J) N

	DEMO - LIGHT DUTY DEALER
	(DEM/DEE) N

	DEMO - LIGHT DUTY SVM
	(DES) N

	SIERRA FLEET PEG 
	(R7F/FLS) N

	FLEET PREFERRED EQUIPMENT GROUPS 
	N

	COMPETITIVE ASSISTANCE PROGRAMS
	(CAP) N

        
		
	 6.
	METHOD OF PAYMENT:

Purchase payments will be issued within twenty-five (25) business days of GM acceptance as indicated on the GM Vehicle Condition Report and Acceptance Receipt Form AD006.  For payment purposes, Monday through Friday are considered business days, except for GM recognized holidays and other days GM is closed. GM does not staff or process payment during the Christmas holiday or any other period of time GM is closed. Payment processing resumes when GM officially returns to work.

All payments will be in the form of a check, unless the EFT option is selected.  To learn more about EFT, please contact your GM Sales or Remarketing Representative.  
    
DRFCs must select one of the following options should it desire to direct payment to a third party:

3

	
			
	Confidential
	 
	Attachment 1

		
	a.
	Assignment of Funds (GM Payment Modification System) – A method to redirect purchase checks to lending institutions is through an Assignment of Funds contract.  Lenders should contact Xerox Services, using the email addresses provided below, to obtain a copy of the contract and receive further information.  

                          	
		
	Name
	Email

	Marlon James
	marlon.james@xerox.com

	Luz Marquez
	luz.marquez@xerox.com

	Xerox Mailbox
	gmincentives@xerox.com

		
	b.
	RAVE Records – These electronic records are housed in the RIMS system and identify by VIN the FAN, payee name and address.  DRFCs submit the records via a secured FTP transmission, or they can submit the records manually by contacting their GM Sales or Remarketing Representative.  To minimize the possibility of payment delay(s), utilization of RAVE Records is strongly encouraged for all vehicles purchased under this program.

		
	c.
	Disclosure Screen – The DRFC will be asked to confirm the payee name and mailing address that is on record for the FAN used during the disclosure process.  If the information is incorrect, please contact your GM Sales or Remarketing Representative to revise the information.

            
		
	7.
	POLICY FOR CORRECTING VEHICLE IN-SERVICE DATES AND PROGRAM STATUS:

It is the responsibility of the DRFC to identify the In-Service Date and program status of all its vehicles and make any necessary corrections following the process described below. GM will make every reasonable effort to accommodate requests to rectify errors prior to the vehicle being grounded in RIMS. Changes will not be considered after the vehicle has a valid grounding record.

In-Service Date Corrections:
The GM In-Service Date is always the Expiration in Transit as shown on the invoice plus five (5) days.  If vehicles are delivered more than 10 days past the GM In-Service Date, they qualify for an In-Service Date adjustment. Submit the VIN(s) in question with a copy of the signed delivery receipt to GM Rental Sales.  The GM systems will be changed to show the delivery date as the new In-Service Date.  All requests must be completed at least 15 days prior to submitting a grounding record to RIMS.
    
Changes in Program Status:
Vehicles can be moved from the tiered depreciation program to a flat rate program, or vice versa, if a request is submitted to GM Rental Sales at least 15 days prior to a valid grounding record being issued in RIMS for its affected vehicle(s) or by December 31, 2016, whichever is earlier.  Vehicles may be moved upon verification and approval by GM.  Vehicles will be invoice adjusted in BARS to reflect a change in program enrollment.  BARS will electronically transmit an updated Enrollment Record to RIMS within three (3) business days acknowledging the change throughout all GM systems.  

No changes will be considered on In-Service Vehicles outside of these guidelines.

		
	8.
	GENERAL PROGRAM GUIDELINES:

		
	A.
	GM defines a rental vehicle as:

		
	a.
	"The bona fide rental of a vehicle involving use and payment by a customer on an hourly, daily, weekly, or monthly basis.  Usage of any such vehicle(s) by a customer for a period of four (4) consecutive months or longer shall be deemed to constitute leasing, and not rental, and will make the vehicle ineligible for incentives."  

		
	b.
	If a Vehicle enrolled in the Daily Rental VN9 Purchase Program is found to be on rent (lease) to a customer in excess of the above guideline, or if the customer consecutively rents multiple enrolled vehicles for an aggregate term of four (4) or more months, all vehicles involved in such transactions 

4

	
			
	Confidential
	 
	Attachment 1

will not be considered rental vehicles and will be ineligible for incentives.  GM may audit the DRFC to ensure compliance with this guideline.

		
	B.  
	All eligible vehicles must be delivered to the DRFC through a GM dealership or a qualified drop-ship location.  Purchases or deliveries made through any other entity or at any other location(s) are ineligible for incentive payment(s).

		
	C.  
	GM reserves the right to audit dealer records and disqualify any sales allowance in the event such sales do not meet the program requirements.  All monies improperly paid will be charged back.  Failure to comply with the program requirements may result in the dealer being disqualified for future participation in fleet programs and termination(s) of dealer sales and service agreement(s).

		
	D. 
	Optional equipment and, in special circumstances, certain standard equipment can be added to or deleted from GM vehicles during the ordering and manufacturing process by DRFCs.  It is the DRFC’s responsibility to ensure that actual vehicle content is properly disclosed to a buyer or transferee when disposing of a vehicle.  DRFCs that use third party build specifications to promote the sale of their vehicles should be especially careful to ensure the accuracy of that data.

		
	E.
	GM reserves the right to cancel, amend, revise, or revoke any program, at any time, based on its sole business judgment(s).  Final decisions in all matters relative to the interpretation of any rule or phase of this activity rest solely with GM.

ANY QUESTIONS REGARDING THIS PROGRAM SHOULD BE DIRECTED TO THE CUSTOMER SUPPORT CENTER AT 1-800-FLEET OP.

5

	
			
	Confidential
	 
	Attachment 1A

 	
	
	

	 

	 

	 

	 

	 

	GM VN9 Rental Program

	 

	 

	2015MY Minimum Equipment Guidelines

	(VN9 MEG)

	 

	 

	 

	 

	 

	 

	 

	 

	 

	NOTE:  THIS IS ATTACHMENT 1A

	(Min. Equip. Guidelines Referenced in Both Programs)

	 

	
			
	Confidential
	 
	Attachment 1A

	
									
	 
	 
	 
	 
	 
	 
	 
	 
	 

	
	 
	 
	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	2015MY Repurchase Rental Minimum Equipment (VN9) Change Log

	 
	 
	 
	 
	 
	 
	 
	 
	 

	With the exclusion of models listed below, use previous model year's VN9 minimum equipment:

	 
	 
	 
	 
	 
	 
	 
	 
	 

	Date
	 
	Brand
	 
	Veh/Tab
	 
	Model
	 
	Change Comments

	4/23/2014
	 
	Chev
	 
	Malibu
	 
	All
	 
	Updated Colors

	4/23/2014
	 
	Chev
	 
	Malibu
	 
	1LT
	 
	Removed 17 inch wheel(included in Pkg.)

	4/23/2014
	 
	Chev
	 
	Malibu
	 
	2LT
	 
	Changed Trim for 2LT

	4/23/2014
	 
	Chev
	 
	Traverse
	 
	All
	 
	Updated color to Siren Red Metallic G1E

	4/30/2014
	 
	Chev
	 
	Captiva
	 
	1LZ
	 
	Changed radio to UI8

	4/30/2014
	 
	Chev
	 
	Captiva
	 
	LT
	 
	Changed radio to UI6

	5/15/2014
	 
	Chev.&GMC
	 
	Full Size Utes
	 
	LT
	 
	Updated color codes

	5/20/2014
	 
	Chev.
	 
	Equinox
	 
	LTZ
	 
	Added Required Options

	5/27/2014
	 
	Chev.
	 
	Sonic
	 
	All
	 
	Added additional Colors

	6/3/2014
	 
	Cad
	 
	Escalade ESV
	 
	All
	 
	Added ESV models tab.

	6/13/2014
	 
	GMC
	 
	Acadia
	 
	All
	 
	Updated Exterior Colors

	6/17/2014
	 
	Chev.
	 
	Impala 352
	 
	1LZ & 2LZ
	 
	Remove H1P from trim selection

	7/2/2014
	 
	Chev.
	 
	Corvette & Corvette Conv.
	 
	3LT
	 
	Changed Transmission to M5U

	7/9/2014
	 
	Buick
	 
	Enclave
	 
	All
	 
	Increased 40U White Opal to 25%

	7/24/2014
	 
	Chev.
	 
	Cruze
	 
	All
	 
	Updated Specs

	8/11/2014
	 
	Buick
	 
	Lacrosse
	 
	1SL & 1SR
	 
	Changed Choccachino RPO Code to HJ4 for 1SL and HJ8 for 1SR

	8/13/2014
	 
	Chev
	 
	Tahoe and Suburban
	 
	1LT
	 
	Temporary removal of PCK due to constraint

	9/23/2014
	 
	Chev & GMC
	 
	Express & Savana
	 
	1LT
	 
	Change code for Summit White to GAZ

	10/2/2014
	 
	Chev & GMC
	 
	Express & Savana
	 
	1LT
	 
	Adding  UVC rear camera

	10/15/2014
	 
	Chev
	 
	Tahoe and Suburban
	 
	1LT
	 
	Restoring PCK package to VN9 Specs

	11/25/2014
	 
	Chev
	 
	Equinox
	 
	All
	 
	Change 1LT to 35%, 2LT to 40%, and 1LZ to 25%

	1/30/2015
	 
	Chev.
	 
	Trax
	 
	All
	 
	Added sheet

	
			
	Confidential
	 
	Attachment 1A

	
						
	Cadillac ATS Sedan
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 

	Spec
	 
	Spec A
	Spec B

	Model Code
	 
	6AC69 RWD only
	6AC69(RWD/AWD)

	Equipment Group
	 
	1SB LUXURY
	1SN (RWD) /1SP (AWD) LUXURY

	Volume % of Total
	 
	50%
	50%

	Standard Equipment
	 
	 
	 

	Engine
	 
	2.5L 4 cyl
	Engine 3.6L V6

	Transmission
	 
	Auto
	Auto

	Air Conditioning
	 
	 
	 

	Air Conditioning, Rear
	 
	 
	-------------------------------

	Steering
	 
	 
	 

	Brakes
	 
	Brembo
	Brembo

	Windows
	 
	 
	 

	Door Locks
	 
	 
	 

	Cruise Control
	 
	 
	 

	Tilt Wheel
	 
	 
	 

	Seats
	 
	 
	 

	Rear Defogger
	 
	 
	 

	Radio
	 
	IO5 Cue
	 

	Wheels
	 
	 
	 

	Floor Mats
	 
	 
	 

	Seat Trim/Style
	 
	 
	 

	Air Bags
	 
	 
	 

	Other
	 
	 
	 

	Other
	 
	 
	 

	Other
	 
	 
	 

	Other
	 
	 
	 

	 
	 
	 
	 

	Required Additional Options
	 
	CF5 Sunroof
	 

	 
	 
	 
	CF5 Sunroof

	 
	 
	-------------------------------
	IO6 CUE w/ NAV

	 
	 
	 
	 

	 
	%
	 
	 

	Exterior Colors
	20
	GAN - Radiant Silver
	GAN - Radiant Silver

	
			
	Confidential
	 
	Attachment 1A

	
						
	 
	10
	GBA - Black Raven
	GBA - Black Raven

	 
	20
	GBN - White Diamond Tricoat
	GBN - White Diamond Tricoat

	 
	10
	(G7E) Red Obsession Tintcoat
	(G7E) Red Obsession Tintcoat

	 
	25
	(G7Q) Phantom Gray Metallic
	(G7Q) Phantom Gray Metallic

	 
	10
	(G7U) Majestic Plum Metallic
	(G7U) Majestic Plum Metallic

	 
	5
	GLK - Black Diamond
	GLK - Black Diamond

	 
	100
	 
	 

	 
	 
	 
	 

	 
	 
	 
	 

	Interior Colors
	 
	H1Y- Jet Black
	H1Y- Jet Black

	Leather Seating Surface
	 
	H2P - Light Platinum/Black accents
	H2P - Light Platinum/Black accents

	Leather Seating Surface
	 
	HHN - Light Neutral/Cashmere
	HHN - Light Neutral/Cashmere

	Leather Seating Surface
	 
	 
	 

	Leather Seating Surface
	 
	 
	 

	Leather Seating Surface
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
					
	Cadillac CTS Sedan
	 
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 
	 

	Model
	 
	4 Dr Sedan RWD/AWD
	4 Dr Sedan RWD/AWD
	4 Dr Sedan RWD/AWD

	Model Code
	 
	6AH69
	6AK69
	6AL69

	Equipment Group
	 
	1SN/1SP
	1SQ/1SR
	1SS/1ST

	Volume % of Total
	 
	50%
	25%
	25%

	Required Additional Options
	 
	 
	 
	Seat, Leather Bucket - AQJ

	 
	 
	 
	 
	 

	 
	 
	-------------------------------
	 
	 

	 
	 
	-------------------------------
	-------------------------------
	-------------------------------

	 
	 
	 
	 
	 

	Exterior Colors
	%
	 
	 
	 

	 
	20
	GAN - Radiant Silver
	GAN - Radiant Silver
	GAN - Radiant Silver

	 
	10
	GBA - Black Raven
	GBA - Black Raven
	GBA - Black Raven

	 
	20
	GBN - White Diamond Tricoat
	GBN - White Diamond Tricoat
	GBN - White Diamond Tricoat

	 
	10
	(G7E) Red Obsession Tintcoat
	(G7E) Red Obsession Tintcoat
	(G7E) Red Obsession Tintcoat

	 
	25
	(G7Q) Phantom Gray Metallic
	(G7Q) Phantom Gray Metallic
	(G7Q) Phantom Gray Metallic

	 
	10
	(G7U) Majestic Plum Metallic
	(G7U) Majestic Plum Metallic
	(G7U) Majestic Plum Metallic

	 
	5
	GLK - Black Diamond
	GLK - Black Diamond
	GLK - Black Diamond

	 
	 
	 
	 
	 

	Interior Colors
	 
	 
	 
	 

	 
	 
	HOY - Jet Black w/Jet Black Accents
	HCL - Jet Black w/Jet Black Accents
	HCL - Jet Black w/Jet Black Accents

	 
	 
	H2D - Jet Black w/ Light Platinum Accents
	H5Y - Medium Cashmere w/ Lt. Cashmere Accents
	H5Y - Medium Cashmere w/ Lt. Cashmere Accents

	 
	 
	H2B - Twilight Blue w/ Jet Black Accents
	 
	 

	 
	 
	HDZ - Medium Cashmere w/ Lt. Cashmere Accents
	 
	 

	 
	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
					
	Cadillac CTS Coupe
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 

	Spec
	 
	Spec A
	Spec B

	Model Code
	 
	6DP47/6DH47
	6DP47/6DH47

	Equipment Group
	 
	1SF PREFORMANCE
	1SH Premium

	Volume % of Total
	 
	50%
	50%

	Required Additional Options
	 
	 
	 

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	-------------------------------
	-------------------------------

	 
	 
	 
	 

	Exterior Colors
	%
	 
	 

	 
	20
	GAN - Radiant Silver
	GAN - Radiant Silver

	 
	10
	GBA - Black Raven
	GBA - Black Raven

	 
	20
	GBN - White Diamond Tricoat
	GBN - White Diamond Tricoat

	 
	10
	(G7E) Red Obsession Tintcoat
	(G7E) Red Obsession Tintcoat

	 
	25
	(G7Q) Phantom Gray Metallic
	(G7Q) Phantom Gray Metallic

	 
	10
	(G7U) Majestic Plum Metallic
	(G7U) Majestic Plum Metallic

	 
	5
	GLK - Black Diamond
	GLK - Black Diamond

	 
	 
	 
	 

	Interior Colors
	 
	 
	 

	 
	 
	AFC - Ebony/Ebony
	AFC - Ebony/Ebony

	 
	 
	AFD - Light Titanium/Ebony
	AFD - Light Titanium/Ebony

	 
	 
	AFE - Cocoa/Cashmere
	AFE - Cocoa/Cashmere

	 
	 
	 
	 

	Cadillac XTS
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 

	Spec
	 
	Spec A
	Spec B

	Model Code
	 
	6GC69
	6GX69

	Equipment Group
	 
	1SB LUXURY
	1SB LUXURY

	Equipment Group
	 
	FWD
	AWD

	Volume % of Total
	 
	60%
	40%

	Required Additional Options
	 
	 
	 

	 
	 
	Navigation - IO6
	Navigation - IO6

	 
	 
	 
	 

	Exterior Colors
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
					
	 
	 
	GAN - Radiant Silver Metallic
	GAN - Radiant Silver Metallic

	 
	 
	GBA - Black Raven
	GBA - Black Raven

	 
	 
	GLJ - Graphite Metallic - NEW
	GLJ - Graphite Metallic - NEW

	 
	 
	GWT - Silver Coast Metallic - NEW
	GWT - Silver Coast Metallic - NEW

	 
	 
	G1E - Red Passion Tint
	G1E - Red Passion Tint

	 
	 
	G1W - Abalone White Tri-coat
	G1W - Abalone White Tri-coat

	 
	 
	GB8 - Stellar Black Metallic
	GB8 - Stellar Black Metallic

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	 
	 

	Interior Colors
	 
	 
	 

	 
	 
	AFC - Jet Black
	AFC - Jet Black

	 
	 
	AFD - Shale w/ Cocoa Accents
	AFD - Shale w/ Cocoa Accents

	 
	 
	AFE - Titanium w/Jet Black Accents
	AFE - Titanium w/Jet Black Accents

	 
	 
	AFF - Kona Brown w/Jet Black Accents
	AFF - Kona Brown w/Jet Black Accents

	 
	 
	 
	 

	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
					
	Cadillac SRX
	 
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 
	 

	Spec
	 
	Spec A
	Spec B
	Spec C

	Model Code
	 
	6NG26
	6NG26
	6NL26

	Equipment Group
	 
	1SB LUXURY
	1SB LUXURY
	1SB LUXURY

	Equipment Group
	 
	FWD
	FWD
	AWD

	Volume % of Total
	 
	45%
	35%
	20%

	Standard Equipment
	 
	1SB LUXURY
	1SD PERFORMANCE
	1SB LUXURY

	Engine
	 
	Engine 3.6L V6 - LFX
	Engine 3.6L V6 - LFX
	Engine 3.6L V6 - LFX

	Transmission
	 
	6-Speed Transmission, MH2
	6-Speed Transmission, MH2
	6-Speed Transmission, MH4

	Air Conditioning
	 
	Air Cond. Auto Dual Zone
	Air Cond. Auto Dual Zone
	Air Cond. Auto Dual Zone

	Air Conditioning, Rear
	 
	-------------------------------
	-------------------------------
	-------------------------------

	Airbags
	 
	Dual Front & Side Air Bag - AY0
	Dual Front & Side Air Bag - AY0
	Dual Front & Side Air Bag - AY0

	Steering
	 
	Power Steering
	speed sensing variable effort
	Power Steering

	Brakes
	 
	Pwr Brakes w/ 4Whl Disc & ABS
	Pwr Brakes w/ 4Whl Disc & ABS
	Pwr Brakes w/ 4Whl Disc & ABS

	Windows
	 
	Power Windows
	Power Windows
	Power Windows

	Door Locks
	 
	Pwr Locks w/Keyless Entry
	Pwr Locks w/Keyless Entry
	Pwr Locks w/Keyless Entry

	Cruise Control
	 
	Cruise Control
	Cruise Control
	Cruise Control

	Tilt Wheel
	 
	Tilt Steering Wheel
	Tilt Steering Wheel
	Tilt Steering Wheel

	Seats
	 
	Seat, 8-Way Power Driver
	Seat, 8-Way Power Driver
	Seat, 8-Way Power Driver

	Rear Defogger
	 
	Rear Defogger
	Rear Defogger
	Rear Defogger

	Radio
	 
	Radio AM/FM/CD/XM/MP3 - UYE
	navigation (UY4)
	Radio AM/FM/CD/XM/MP3 - UYE

	Wheels
	 
	Wheels, 18" aluminum - QF8
	Wheels, 20" aluminum
	Wheels, 18" aluminum - QF8

	Floor Mats
	 
	Floor Mats
	Floor Mats
	Floor Mats

	Seat Trim/Style
	 
	Seat, Leather Bucket - AQ9
	Seat, Leather Bucket - AQ9
	Seat, Leather Bucket - AQ9

	Other
	 
	StabiliTrak
	StabiliTrak
	StabiliTrak

	Other
	 
	Adaptive Remote Start - BTV
	Adaptive Remote Start - BTV
	Adaptive Remote Start - BTV

	Other
	 
	Lift Gate - Rear Power
	Lift Gate - Rear Power
	Lift Gate - Rear Power

	Other
	 
	Sunroof - C3U
	Sunroof - C3U
	Sunroof - C3U

	Other
	 
	Heated Seats - KA1
	Heated Seats - KA1
	Heated Seats - KA1

	Other
	 
	XM Radio
	XM Radio
	XM Radio

	Other
	 
	Bluetooth
	Bluetooth
	Bluetooth

	 
	 
	Side Blind Zone Alert
	HID Headlamps
	Side Blind Zone Alert

	 
	 
	Rear cross traffic alert
	Adaptive forward lighting
	Rear cross traffic alert

	 
	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
					
	 
	 
	 
	foglamps
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	Other
	 
	OnStar
	OnStar
	OnStar

	Required Additional Options
	 
	 
	 
	Q6X) Wheels, 18" x 8" (45.7 cm x 20.3 cm) chrome, bright finish

	 
	 
	Q6X) Wheels, 18" x 8" (45.7 cm x 20.3 cm) chrome, bright finish
	 
	Audio Sys w/ Navigation - Incl Rear Camera (UY4)

	 
	 
	 
	 
	 

	Required Options 0% - 100%
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	Exterior Colors
	%
	 
	 
	 

	 
	 
	GAN - Radiant Silver
	GAN - Radiant Silver
	GAN - Radiant Silver

	 
	 
	GBE - Crystal Red Tintcoat
	GBE - Crystal Red Tintcoat
	GBE - Crystal Red Tintcoat

	 
	 
	GBR - Platinum Ice Tricoat
	GBR - Platinum Ice Tricoat
	GBR - Platinum Ice Tricoat

	 
	 
	(GLJ) Graphite Metallic
	(GLJ) Graphite Metallic
	(GLJ) Graphite Metallic

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	0
	 
	 
	 

	Interior Colors
	 
	 
	 
	 

	 
	 
	AFC - Ebony/Titanium
	AFC - Ebony/Titanium
	AFC - Ebony/Titanium

	 
	 
	AFD - Titanium/Ebony
	AFD - Titanium/Ebony
	AFD - Titanium/Ebony

	 
	 
	(AFE) Caramel with Ebony accents (Ebony headliner)
	(AFE) Caramel with Ebony accents (Ebony headliner)
	(AFE) Caramel with Ebony accents (Ebony headliner)

	 
	 
	AFF - Shale w/Brownstone accents
	AFF - Shale w/Brownstone accents
	AFF - Shale w/Brownstone accents

	
			
	Confidential
	 
	Attachment 1A

	
			
	Cadillac Escalade
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)

	Spec
	 
	Spec A

	Model Code
	 
	6K15706/6C15706/6K15906/6C15906

	 
	 
	4WD/2WD

	Equipment Group
	 
	1SB LUXURY

	Volume % of Total
	 
	100%

	Standard Equipment
	 
	 

	Engine
	 
	Engine Vortec 6200 V8 - L92

	Transmission
	 
	Transmission, Automatic

	Air Conditioning
	 
	Air Conditioning, Auto Tri-Zone

	Air Conditioning, Rear
	 
	Air Conditioning, Rear Aux.

	Steering
	 
	Power Steering

	Brakes
	 
	Brakes, Power 4Whl Disc w/ ABS

	Windows
	 
	Power Windows

	Door Locks
	 
	Pwr Locks w/Keyless Ent.

	Cruise Control
	 
	Cruise Control

	Tilt Wheel
	 
	Tilt Steering Wheel

	Seats
	 
	Seat, 14 Way Power Driver/Pass

	Rear Defogger
	 
	Rear Defogger

	Radio
	 
	Navigation - U3R

	Wheels
	 
	Wheels, 22" aluminum - P56

	Floor Mats
	 
	Floor mats

	Seat Trim/Style
	 
	Seat, Leather Bucket - AN3

	Air Bags
	 
	Dual Front & Side

	Other
	 
	StabiliTrak

	Other
	 
	Mirrors, Pwr OSRV

	Other
	 
	Rear Park Assist

	Other
	 
	Power Adj Pedals

	Other
	 
	Assist Steps - BVU

	Other
	 
	Remote Vehicle Starter

	Other
	 
	Bluetooth Interface - UPF

	 
	 
	3 Pass 3rd Row Seat - AS3

	 
	 
	Sunroof - CF5

	
			
	Confidential
	 
	Attachment 1A

	
			
	Other
	 
	XM

	Other
	 
	OnStar

	 
	 
	 

	Required Additional Options
	 
	 

	 
	 
	Rear Entertain. System - U42

	 
	 
	 

	 
	 
	 

	 
	 
	Color 51U

	 
	 
	Color GGW

	 
	 
	 

	Exterior Colors
	%
	 

	 
	 
	41U - Black Raven

	 
	 
	G1W - Abalone White Tri-coat

	 
	 
	GAN - Radiant Silver Metallic

	 
	 
	GWT - Silver Coast

	 
	 
	G1E - Red Passion Tint

	 
	0
	 

	Interior Colors
	 
	 

	 
	 
	H2X - Jet Black

	 
	 
	H4Y - Shale w/Cocoa accents

	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
				
	Cadillac Escalade
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 

	Spec
	 
	Spec A

	Model Code
	 
	6K15906/6C15906

	 
	 
	4WD/2WD

	Equipment Group
	 
	1SB LUXURY

	Volume % of Total
	 
	100%

	Standard Equipment
	 
	 

	Engine
	 
	Engine Vortec 6200 V8 - L92

	Transmission
	 
	Transmission, Automatic

	Air Conditioning
	 
	Air Conditioning, Auto Tri-Zone

	Air Conditioning, Rear
	 
	Air Conditioning, Rear Aux.

	Steering
	 
	Power Steering

	Brakes
	 
	Brakes, Power 4Whl Disc w/ ABS

	Windows
	 
	Power Windows

	Door Locks
	 
	Pwr Locks w/Keyless Ent.

	Cruise Control
	 
	Cruise Control

	Tilt Wheel
	 
	Tilt Steering Wheel

	Seats
	 
	Seat, 14 Way Power Driver/Pass

	Rear Defogger
	 
	Rear Defogger

	Radio
	 
	Navigation - U3R

	Wheels
	 
	Wheels, 22" aluminum - P56

	Floor Mats
	 
	Floor mats

	Seat Trim/Style
	 
	Seat, Leather Bucket - AN3

	Air Bags
	 
	Dual Front & Side

	Other
	 
	StabiliTrak

	Other
	 
	Mirrors, Pwr OSRV

	Other
	 
	Rear Park Assist

	Other
	 
	Power Adj Pedals

	Other
	 
	Assist Steps - BVU

	Other
	 
	Remote Vehicle Starter

	Other
	 
	Bluetooth Interface - UPF

	 
	 
	3 Pass 3rd Row Seat - AS3

	 
	 
	Sunroof - CF5

	Other
	 
	XM

	
			
	Confidential
	 
	Attachment 1A

	
				
	Other
	 
	OnStar

	 
	 
	 

	Required Additional Options
	 
	 

	 
	 
	Rear Entertain. System - U42

	 
	 
	 

	Exterior Colors
	%
	 

	 
	 
	41U - Black Raven

	 
	 
	G1W - Abalone White Tri-coat

	 
	 
	GAN - Radiant Silver Metallic

	 
	 
	GWT - Silver Coast

	 
	 
	G1E - Red Passion Tint

	 
	0
	 

	Interior Colors
	 
	 

	 
	 
	H2X - Jet Black

	 
	 
	H4Y - Shale w/Cocoa accents

	 
	 
	 

	 
	 
	 

	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
						
	Chevrolet Spark
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 

	Spec
	 
	Spec A
	Spec B

	Model Code
	 
	1CN48
	1CO48

	Equipment Group
	 
	1LT - 1SD
	2LT - 1SF

	Volume % of Total
	 
	80%
	20%

	Required Additional Options
	 
	 
	 

	 
	 
	 
	 

	Exterior Colors
	%
	 
	 

	 
	 
	GAN - Silver Ice Metallic
	GAN - Silver Ice Metallic

	 
	 
	GAZ - Summit White
	GAZ - Summit White

	 
	 
	G6E - Salsa
	G6E - Salsa

	 
	 
	GUC - Denim
	GUC - Denim

	 
	 
	GUD - Lemonade
	GUD - Lemonade

	 
	 
	(G6F) Lime
	(G6F) Lime

	 
	 
	 
	 

	Interior Colors
	 
	 
	 

	 
	 
	AFY - Green with Green Trim
	AFG - Light Titanium with Silver Trim Leatherette

	 
	 
	AFI - Silver with Blue Trim
	AFL - Dark Pewter with Silver Trim Leatherette

	 
	 
	AFJ - Yellow with Yellow Trim (late availability)
	AAW - Dark Pewter with Green Trim Leatherette

	 
	 
	AFK - Silver with Silver Trim
	AFM - Red with Red Trim Leatherette

	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
							
	Chevrolet Sonic
	 
	 
	 
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 
	 
	 
	 

	Spec
	 
	Spec A
	 
	Spec B
	Spec C
	Spec D

	Model Code
	 
	1JV69 - 4 Dr Sedan LT
	 
	1JW69 - 4 Dr Sedan LTZ
	1JV48 - 5 Dr HATCHBACK LT
	1JW48 - 5 Dr HATCHBACK LTZ

	Equipment Group
	 
	1SD
	 
	1SF
	1SD
	1SF

	Volume % of Total
	 
	25%
	 
	25%
	25%
	25%

	Standard Equipment
	 
	 
	 
	 
	 
	 

	Engine
	 
	Engine 1.8L L4 - LUW
	 
	Engine 1.8L L4 - LUW
	Engine 1.8L L4 - LUW
	Engine 1.8L L4 - LUW

	Transmission
	 
	Transmission, Automatic - MH9
	 
	Transmission, Automatic - MH8 with LUV
	Transmission, Automatic - MH9
	Transmission, Automatic - MH8 with LUV

	Air Conditioning
	 
	Air Conditioning
	 
	Air Conditioning
	Air Conditioning
	Air Conditioning

	Steering
	 
	Power Steering
	 
	Power Steering
	Power Steering
	Power Steering

	Brakes
	 
	Power ABS Brakes
	 
	Power ABS Brakes
	Power ABS Brakes
	Power ABS Brakes

	Windows
	 
	Power Windows - AXG
	 
	Power Windows - AXG
	Power Windows - AXG
	Power Windows - AXG

	Door Locks
	 
	Power Locks - AU3
	 
	Power Locks - AU3
	Power Locks - AU3
	Power Locks - AU3

	Cruise Control
	 
	Cruise Control - K34
	 
	Cruise Control - K34
	Cruise Control - K34
	Cruise Control - K34

	Tilt Wheel
	 
	Tilt/Telescoping Steering Wheel
	 
	Tilt/Telescoping Steering Wheel
	Tilt/Telescoping Steering Wheel
	Tilt/Telescoping Steering Wheel

	Seats
	 
	Manual
	 
	Manual
	Manual
	Manual

	Rear Defogger
	 
	Rear Defogger
	 
	Rear Defogger
	Rear Defogger
	Rear Defogger

	Radio
	 
	Radio MYLINK AM/FM/CD/XM/USB - UF7
	 
	Radio MYLINK AM/FM/CD/XM/USB - UF7
	Radio MYLINK AM/FM/CD/XM/USB - UF7
	Radio MYLINK AM/FM/CD/XM/USB - UF7

	Other
	 
	Wheels, 15" painted alloy
	 
	Wheels, 17" painted alloy
	Wheels, 15" painted alloy
	Wheels, 17" painted alloy

	Other
	 
	Seat, Cloth Bucket
	 
	Seat, Heated Leatherette Bucket
	Seat, Cloth Bucket
	Seat, Heated Leatherette Bucket

	Other
	 
	OnStar - UE1
	 
	OnStar - UE1
	OnStar - UE1
	OnStar - UE1

	Other
	 
	Remote Keyless Entry
	 
	Remote Keyless Entry
	Remote Keyless Entry
	Remote Keyless Entry

	Other
	 
	XM U2K
	 
	XM U2K
	XM U2K
	XM U2K

	Other
	 
	Floor Mats - B37
	 
	Floor Mats - B37
	Floor Mats - B37
	Floor Mats - B37

	Other
	 
	 
	 
	 
	 
	 

	Other
	 
	Steering Wheel Controls
	 
	Steering Wheel Controls
	Steering Wheel Controls
	Steering Wheel Controls

	Other
	 
	Remote Start - BTV
	 
	Remote Start - BTV
	Remote Start - BTV
	Rear Spoiler

	Other
	 
	USB
	 
	Leather Steering Wheel
	USB
	Leather Steering Wheel

	Other
	 
	 
	 
	 
	 
	Remote Start - BTV

	 
	 
	 
	 
	 
	 
	 

	Required Additional Options
	 
	 
	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
							
	 
	 
	 
	 
	LUV 1.4L turbocharged engine
	 
	 

	 
	 
	 
	 
	 
	 
	 

	Exterior Colors
	 
	 
	 
	 
	 
	 

	 
	20
	G7C - Red Hot
	 
	G7C - Red Hot
	G7C - Red Hot
	G7C - Red Hot

	 
	20
	GAZ - Summit White
	 
	GAZ - Summit White
	GAZ - Summit White
	GAZ - Summit White

	 
	20
	G7Q - Nightfall Gray Metallic
	 
	G7Q - Nightfall Gray Metallic
	G7Q - Nightfall Gray Metallic
	G7Q - Nightfall Gray Metallic

	 
	20
	GAN - Silver Ice Metallic
	 
	GAN - Silver Ice Metallic
	GAN - Silver Ice Metallic
	GAN - Silver Ice Metallic

	 
	10
	GB8 - Mosaic Black Metallic
	 
	GB8 - Mosaic Black Metallic
	GB8 - Mosaic Black Metallic
	GB8 - Mosaic Black Metallic

	 
	10
	GVU - Mocha Bronze Metallic
	 
	GBN - White Diamond Coat (Extra Cost)
	GVU - Mocha Bronze Metallic
	GBN - White Diamond Coat (Extra Cost)

	 
	 
	 
	 
	 
	 
	 

	Interior Colors
	 
	 
	 
	 
	 
	 

	 
	 
	ABY Jet Black w/ Dark TITANIUM Cloth
	 
	 ACI Jet Black w/ Dark TITANIUM Heated Leatherette
	ABY Jet Black w/ Dark TITANIUM Cloth
	 ACI Jet Black w/ Dark TITANIUM Heated Leatherette

	 
	 
	ACC Dark TITANIUM with Very Dark Pewter Cloth
	 
	 ADN - Brick Heated Leatherette
	ACC Dark TITANIUM with Very Dark Pewter Cloth
	 ADN - Brick Heated Leatherette

	 
	 
	 
	 
	 ADP Dark TITANIUM with Very Dark Pewter Heated Leatherette
	 
	 ADP Dark TITANIUM with Very Dark Pewter Heated Leatherette

	 
	 
	 
	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
						
	Chevrolet Cruze
	 
	 
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 
	 
	 

	Spec
	 
	Spec A
	 
	Spec B
	Spec C

	Model Code
	 
	1PX69 - 4 Dr Sedan
	 
	1PZ69 - 4 Dr Sedan
	1PW69 - 4 Dr Sedan

	Equipment Group
	 
	1LT(1SD)
	 
	2LT(1SH)
	LTZ (1SJ)

	Volume % of Total
	 
	25%
	 
	45%
	30%

	Standard Equipment
	 
	 
	 
	 
	 

	Engine
	 
	ECOTEC Turbo 1.4L - LUV
	 
	ECOTEC Turbo 1.4L - LUV
	ECOTEC Turbo 1.4L - LUV

	Transmission
	 
	6-Spd Automatic - MH8
	 
	Transmission,  6-Spd. Auto - MH8
	Transmission,  6-Spd. Auto - MH8

	Air Conditioning
	 
	Air Conditioning
	 
	Air Conditioning
	Air Conditioning

	Air Conditioning, Rear
	 
	-------------------------------
	 
	-------------------------------
	-------------------------------

	Airbags
	 
	Front, Front and Rear Side Impact and Roof Rail - AYF
	 
	Front, Front and Rear Side Impact and Roof Rail - AYF
	Front, Front and Rear Side Impact and Roof Rail - AYF

	Airbags
	 
	Front Knee
	 
	Front Knee
	Front Knee

	Steering
	 
	Power Steering
	 
	Power Steering
	Power Steering

	Brakes
	 
	Power Brakes
	 
	Power Brakes w/ ABS
	Power Brakes

	Windows
	 
	Power Windows
	 
	Power Windows
	Power Windows

	Door Locks
	 
	Pwr Locks w/Keyless Entry
	 
	Pwr Locks w/Keyless Entry
	Pwr Locks w/Keyless Entry

	Cruise Control
	 
	Cruise Control
	 
	Cruise Control
	Cruise Control

	Tilt Wheel
	 
	Tilt Steering Wheel
	 
	Tilt Steering Wheel
	Tilt Steering Wheel

	Seats
	 
	Manual
	 
	Power
	Power

	Rear Defogger
	 
	Rear Defogger
	 
	Rear Defogger
	Rear Defogger

	Radio
	 
	Radio AM/FM/CD/MP3 - UYE
	 
	Radio Color Touch AM/FM/CD/MP3 - UFU
	Radio Color Touch AM/FM/CD/MP3 - UFU

	Wheels
	 
	Wheels, 16" Alloy - WR6
	 
	Wheels, 17" 5 Spoke Alloy - RBU
	Wheels, 18" Alloy - REN

	Floor Mats
	 
	Floor Mats
	 
	Floor Mats
	Floor Mats

	Seat Trim/Style
	 
	Seat, Cloth Bucket
	 
	Seat, Heated Leather Bucket - KA1
	Seat, Heated Leather Bucket - KA1

	Other
	 
	Compact Spare - RU5
	 
	Compact Spare - RU5
	Compact Spare - RU5

	Other
	 
	-------------------------------
	 
	XM
	XM

	Other
	 
	OnStar
	 
	OnStar
	OnStar

	 
	 
	 
	 
	 
	 

	Required Additional Options
	 
	 
	 
	 
	 

	 
	 
	 
	 
	PDZ - RS Package
	PCJ - Sight and Sound Pkg.

	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 

	Exterior Colors
	%
	 
	 
	 
	 

	 
	 
	GAN - Silver Ice Metallic
	 
	GAN - Silver Ice Metallic
	GAN - Silver Ice Metallic

	
			
	Confidential
	 
	Attachment 1A

	
						
	 
	 
	GAR - Black Granite Metallic
	 
	GAR - Black Granite Metallic
	GAR - Black Granite Metallic

	 
	 
	G1E - Siren Red Tintcoat
	 
	G1E - Siren Red Tintcoat
	G1E - Siren Red Tintcoat

	 
	 
	GAZ - Summit White
	 
	GAZ - Summit White
	GAZ - Summit White

	 
	 
	(G7C) Red Hot exterior color
	 
	(G7C) Red Hot exterior color
	(G7C) Red Hot exterior color

	 
	 
	(G7J) Rainforest Green Metallic exterior color
	 
	(G7J) Rainforest Green Metallic exterior color
	(G7J) Rainforest Green Metallic exterior color

	 
	 
	(GXG) Tungsten Metallic exterior color
	 
	(GXG) Tungsten Metallic exterior color
	(GXG) Tungsten Metallic exterior color

	 
	 
	(GXH) Blue Ray Metallic exterior color
	 
	(GXH) Blue Ray Metallic exterior color
	(GXH) Blue Ray Metallic exterior color

	Interior Colors
	0
	 
	 
	 
	 

	 
	 
	AFF - Jet Black Cloth
	 
	ACB - Cocoa/Light Neutral Leather
	AAY - Cocoa/Light Neutral Leather

	 
	 
	AFC - Medium Titanium Cloth
	 
	ACC - Jet Black Leather
	AAW - Jet Black Leather

	 
	 
	AFG - Brownstone Cloth
	 
	ACI - Brownstone Leather
	AAX - Brownstone Leather

	 
	 
	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
						
	Chevrolet Malibu
	 
	 
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 
	 
	 

	Model
	 
	Spec A
	Spec B
	Spec C
	Spec D

	Model Code
	 
	1GB69
	1GC69
	1GC69
	1GD69

	Equipment Group
	 
	1FL
	1LT
	2LT
	1LZ

	Volume % of Total
	 
	15%
	35%
	30%
	20%

	Required Additional Options
	 
	 
	Power Convenience Package - PCN
	Electronics & Entertainment Package - PCU
	 

	 
	 
	 
	 
	 
	 

	 
	 
	B83 - Body Side Moldings
	 
	 
	 

	 
	 
	Front and Rear Floor Mats -  B34
	 
	 
	 

	 
	%
	 
	 
	 
	 

	Exterior Colors 
	 
	GAN - Silver Ice Metallic
	GAN - Silver Ice Metallic
	GAN - Silver Ice Metallic
	GAN - Silver Ice Metallic

	 
	 
	 
	 
	G1W - Iridescent Pearl Tricoat
	G1W - Iridescent Pearl Tricoat

	 
	 
	GBA - Black
	GBA - Black
	GBA - Black
	GBA - Black

	 
	 
	 
	G7T - Butte Red Metallic
	G7T - Butte Red Metallic
	G7T - Butte Red Metallic

	 
	 
	GAZ - Summit White
	GAZ - Summit White
	GAZ - Summit White
	GAZ - Summit White

	Interior Colors
	 
	GWT - Champagne Silver Metallic
	GWT - Champagne Silver Metallic
	GWT - Champagne Silver Metallic
	GWT - Champagne Silver Metallic

	Premium Cloth
	 
	 
	G1E - Siren Red Metallic
	 
	 

	 
	 
	AFB - Jet Black/Titanium
	 
	 
	 

	Premium Cloth/Leatherette
	 
	 
	 
	 
	 

	Premium Cloth/Leatherette
	 
	 
	AFE - Jet Black
	AFE - Jet Black
	 

	Premium Cloth/Leatherette
	 
	 
	AFG - Jet Black/Titanium
	AFG - Jet Black/Titanium
	 

	 
	 
	 
	AFI - Cocoa/Light Neutral
	AFI - Cocoa/Light Neutral
	 

	 
	 
	 
	 
	 
	 

	Leather Appointed
	 
	 
	 
	 
	 

	Leather Appointed
	 
	 
	 
	 
	AFK - Jet Black

	Leather Appointed
	 
	 
	 
	 
	AFM - Jet Black/Brownstone

	Leather Appointed
	 
	 
	 
	 
	AFL - Cocoa/Light Neutral

	Leather Appointed
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
							
	Chevrolet Impala
	 
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 
	 

	Model
	 
	Spec A
	Spec B
	Spec C

	Model Code
	 
	1WF19
	1WG19
	1WU19

	Equipment Group
	 
	1FL
	2FL
	1LZ

	Volume % of Total
	 
	20%
	60%
	20%

	Standard Equipment
	 
	 
	 
	 

	Engine
	 
	Engine 3.6L V6 - LFX
	Engine 3.6L V6 - LFX
	Engine 3.6L V6 - LFX

	Transmission
	 
	Transmission, Automatic 6 Speed
	Transmission, Automatic 6 Speed
	Transmission, Automatic 6 Speed

	Air Conditioning
	 
	Air Cond. Manual Single Zone
	Air Cond. Manual Dual Zone
	Air Cond. Manual Dual Zone

	Air Conditioning, Rear
	 
	-------------------------------
	-------------------------------
	-------------------------------

	Steering
	 
	Power Steering
	Power Steering
	Power Steering

	Brakes
	 
	Pwr Brakes w/ 4Whl Disc
	Pwr Brakes w/ 4Whl Disc
	Pwr Brakes w/ 4Whl Disc & ABS

	Electronic Stability Control
	 
	Stabilitrak - JL4
	Stabilitrak - JL4
	Stabilitrak - JL4

	Windows
	 
	Power Windows
	Power Windows
	Power Windows

	Door Locks
	 
	Pwr Locks w/Keyless Entry
	Pwr Locks w/Keyless Entry
	Pwr Locks w/Keyless Entry

	Cruise Control
	 
	Cruise Control
	Cruise Control
	Cruise Control

	Tilt Wheel
	 
	Tilt Steering Wheel
	Tilt Steering Wheel
	Tilt Steering Wheel

	Seats
	 
	Seat, 6 Way Power Driver
	Seat, 6 Way Power Driver
	Seat, 8 Way Power Driver & Pass

	Rear Defogger
	 
	Rear Defogger
	Rear Defogger
	Rear Defogger

	Airbags
	 
	Dual Front & Side Air Bag - AY0
	Dual Front & Side Air Bag - AY0
	Dual Front & Side Air Bag - AY0

	Radio
	 
	(US8) AM/FM stereo with CD player and MP3 playback
	(US8) AM/FM stereo with CD player and MP3 playback
	(US8) AM/FM stereo with CD player and MP3 playback

	Wheels
	 
	Wheels, 16" Alum. - RRZ
	Wheels, 17" aluminum - RS7
	Wheels, 18" aluminum - RSX

	Floor Mats
	 
	Optional
	Floor Mats
	Floor Mats

	Seat Trim/Style
	 
	Seat, Cloth Bucket - AR9
	Seat, Cloth Bucket - AR9
	Seat, Leather Bucket - AR9

	Other
	 
	-------------------------------
	Grilles
	(UPF) Bluetooth for phone

	Other
	 
	(UPF) Bluetooth for phone
	(UPF) Bluetooth for phone
	Spoiler

	Other
	 
	 
	 
	OnStar

	Other
	 
	(UK3) Steering wheel-mounted audio controls now standard
	(UK3) Steering wheel-mounted audio controls now standard
	XM   Note:  R6B Credit For Units Going To Hawaii & Alaska Will Continue.

	Other
	 
	Body Side Moldings - B86
	Body Side Moldings - B86
	Body Side Moldings - B86

	Other
	 
	NK5 Standard Steering Wheel
	NK5 Standard Steering Wheel
	NK5 Standard Steering Wheel

	Required Additional Options
	 
	 
	 
	 

	 
	 
	 
	Flip/Fold Rear Seats AM9
	Sunroof - CF5

	 
	 
	 
	PDV Sunroof Pkg.
	 

	
			
	Confidential
	 
	Attachment 1A

	
							
	 
	 
	 
	 
	 

	 
	 
	 
	OnStar
	 

	 
	 
	 
	XM  - U2K (Req. PDD OnStar) Note:  R6B Credit Not Available For Units Going To Hawaii & Alaska.
	 

	 
	 
	 
	 
	 

	Excluded Options
	 
	 
	 
	 

	 
	 
	Color 37U
	Color 37U
	Color 37U

	 
	 
	Color 74U
	Color 74U
	Color 74U

	 
	 
	 
	 
	 

	Exterior Colors
	%
	 
	 
	 

	 
	 
	17U - Silver Ice Metallic
	17U - Silver Ice Metallic
	17U - Silver Ice Metallic

	 
	 
	N/A
	N/A
	N/A

	 
	 
	41U - Black
	41U - Black
	41U - Black

	 
	 
	50U - Summit White
	50U - Summit White
	50U - Summit White

	 
	 
	GLJ - Ashen Gray Metallic
	GLJ - Ashen Gray Metallic
	GLJ - Ashen Gray Metallic

	 
	 
	 
	 
	 

	 
	 
	GBE - Crystal Red Tintcoat
	GBE - Crystal Red Tintcoat
	GBE - Crystal Red Tintcoat

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	Interior Colors
	 
	 
	 
	 

	 
	 
	70C/702 - Neutral
	70C/702 - Neutral
	70C/702 - Neutral

	 
	 
	19C/192 - Ebony
	19C/192 - Ebony
	19C/192 - Ebony

	 
	 
	83C/832 - Gray
	83C/832 - Gray
	83C/832 - Gray

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

 

	
			
	Confidential
	 
	Attachment 1A

	
											
	Chevrolet Impala
	 
	 
	 
	 
	 
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 
	 
	 
	 
	 
	 

	Model
	 
	Spec A
	 
	Spec B
	 
	Spec B
	Spec C
	Spec C

	Model Code
	 
	1GX69
	 
	1GY69
	 
	1GY69
	1GZ69
	1GZ69

	Equipment Group
	 
	1FL
	 
	1LT
	 
	2LT
	1LZ
	2LZ

	Volume % of Total
	 
	20%
	 
	35%
	 
	20%
	10%
	15%

	Standard Equipment
	 
	 
	 
	 
	 
	 
	 
	 

	Engine
	 
	Engine 2.5L  4CYL. - LCV
	 
	Engine 2.5L  4CYL. - LCV
	 
	Engine 3.6L V6 - LFX
	Engine 2.5L  4CYL. - LKW
	Engine 3.6L V6 - LFX

	Transmission
	 
	Transmission, Automatic 6 Speed
	 
	Transmission, Automatic 6 Speed
	 
	Transmission, Automatic 6 Speed
	Transmission, Automatic 6 Speed
	Transmission, Automatic 6 Speed

	Air Conditioning
	 
	Air Cond. Manual Single Zone
	 
	Air Cond. Manual Dual Zone
	 
	Air Cond. Manual Dual Zone
	Air Cond. Manual Dual Zone
	Air Cond. Manual Dual Zone

	Air Conditioning, Rear
	 
	-------------------------------
	 
	-------------------------------
	 
	-------------------------------
	-------------------------------
	-------------------------------

	Steering
	 
	Power Steering
	 
	Power Steering
	 
	Power Steering
	Power Steering
	Power Steering

	Brakes
	 
	Pwr Brakes w/ 4Whl Disc
	 
	Pwr Brakes w/ 4Whl Disc
	 
	Pwr Brakes w/ 4Whl Disc
	Pwr Brakes w/ 4Whl Disc & ABS
	Pwr Brakes w/ 4Whl Disc & ABS

	Electronic Stability Control
	 
	Stabilitrak - JL4
	 
	Stabilitrak - JL4
	 
	Stabilitrak - JL4
	Stabilitrak - JL4
	Stabilitrak - JL4

	Windows
	 
	Power Windows
	 
	Power Windows
	 
	Power Windows
	Power Windows
	Power Windows

	Door Locks
	 
	Pwr Locks w/Keyless Entry
	 
	Pwr Locks w/Keyless Entry
	 
	Pwr Locks w/Keyless Entry
	Pwr Locks w/Keyless Entry
	Pwr Locks w/Keyless Entry

	Cruise Control
	 
	Cruise Control
	 
	Cruise Control
	 
	Cruise Control
	Cruise Control
	Cruise Control

	Tilt Wheel
	 
	Tilt Steering Wheel
	 
	Tilt Steering Wheel
	 
	Tilt Steering Wheel
	Tilt Steering Wheel
	Tilt Steering Wheel

	Seats
	 
	Seat, 6 Way Power Driver
	 
	Seat, 6 Way Power Driver
	 
	Seat, 6 Way Power Driver
	Seat, 8 Way Power Driver & Pass
	Seat, 8 Way Power Driver & Pass

	Rear Defogger
	 
	Rear Defogger
	 
	Rear Defogger
	 
	Rear Defogger
	Rear Defogger
	Rear Defogger

	Airbags
	 
	Dual Front & Side Air Bag - AYF
	 
	Dual Front & Side Air Bag - AYF
	 
	Dual Front & Side Air Bag - AYF
	Dual Front & Side Air Bag - AYF
	Dual Front & Side Air Bag - AYF

	Radio
	 
	(IO3) AM/FM stereo with CD player and MP3 playback
	 
	(IO5) Chevrolet My LinkAM/FM stereo with CD player
	 
	(IO5) Chevrolet My LinkAM/FM stereo with CD player
	(IO5) Chevrolet My LinkAM/FM stereo with CD player
	(IO5) Chevrolet My LinkAM/FM stereo with CD player

	Wheels
	 
	Wheels, 18" Steel - RT3
	 
	Wheels, 18" Painted Alloy - RT4
	 
	Wheels, 18" Painted Alloy - RT4
	Wheels, 19" Machine Faced Aluminum -Q6M
	Wheels, 19" Machine Faced Aluminum -Q6M

	Floor Mats
	 
	Optional
	 
	Floor Mats
	 
	Floor Mats
	Floor Mats
	Floor Mats

	Seat Trim/Style
	 
	Seat, Cloth Bucket - AR9
	 
	Seat, Cloth Bucket - AR9
	 
	Seat, Cloth Bucket - AR9
	Seat, Leather Bucket - AR9
	Seat, Leather Bucket - AR9

	Other
	 
	-------------------------------
	 
	Grilles
	 
	Grilles
	(UPF) Bluetooth for phone
	(UPF) Bluetooth for phone

	Other
	 
	(UPF) Bluetooth for phone
	 
	(UPF) Bluetooth for phone
	 
	(UPF) Bluetooth for phone
	Spoiler
	Spoiler

	Other
	 
	OnStar
	 
	OnStar
	 
	OnStar
	OnStar
	OnStar

	Other
	 
	(UK3) Steering wheel-mounted audio controls now standard
	 
	(UK3) Steering wheel-mounted audio controls now standard
	 
	(UK3) Steering wheel-mounted audio controls now standard
	XM   Note:  R6B Credit For Units Going To Hawaii & Alaska Will Continue.
	XM   Note:  R6B Credit For Units Going To Hawaii & Alaska Will Continue.

	Other
	 
	 
	 
	 
	 
	 
	 
	Sunroof - C3U

	
			
	Confidential
	 
	Attachment 1A

	
											
	Other
	 
	(NP5) Leather-wrapped steering wheel now standard
	 
	(NP5) Leather-wrapped steering wheel now standard
	 
	(NP5) Leather-wrapped steering wheel now standard
	(NP5) Leather-wrapped steering wheel now standard
	(NP5) Leather-wrapped steering wheel now standard

	Required Additional Options
	 
	 
	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	PCP - Convienence Package
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 
	 
	 

	Exterior Colors
	%
	 
	%
	 
	%
	 
	 
	 

	 
	20
	GAN - Silver Ice Metallic
	20
	GAN - Silver Ice Metallic
	 
	GAN - Silver Ice Metallic
	GAN - Silver Ice Metallic
	GAN - Silver Ice Metallic

	 
	10
	G7P - Red Rock Metallic
	10
	GBN - White Diamond
	 
	G1W - Iridescent Pearl Tri-Coat
	G1W - Iridescent Pearl Tri-Coat
	G1W - Iridescent Pearl Tri-Coat

	 
	20
	GBA - Black
	20
	GBA - Black
	 
	GBA - Black
	GBA - Black
	GBA - Black

	 
	20
	GAZ - Summit White
	20
	GAZ - Summit White
	 
	GAZ - Summit White
	GAZ - Summit White
	GAZ - Summit White

	 
	20
	GLJ - Ashen Gray Metallic
	20
	GLJ - Ashen Gray Metallic
	 
	GA6 - Heather Gray Metallic
	GA6 - Heather Gray Metallic
	GA6 - Heather Gray Metallic

	 
	10
	GWT - Champagne Silver Metallic
	10
	GBE - Crystal Red Tintcoat
	 
	G1E - Siren Red Metallic
	G1E - Siren Red Metallic
	G1E - Siren Red Metallic

	 
	 
	 
	 
	 
	 
	GB8 - Mosaic Black Metallic
	GB8 - Mosaic Black Metallic
	GB8 - Mosaic Black Metallic

	 
	 
	 
	 
	 
	 
	GC8 - Green with Envy
	GC8 - Green with Envy
	GC8 - Green with Envy

	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	100
	 
	100
	 
	0
	 
	 
	 

	Interior Colors
	 
	 
	 
	 
	 
	 
	 
	 

	Premium Cloth
	 
	H0Z - Jet Black/Dark Titanium
	 
	 
	 
	 
	 
	 

	Premium Cloth/Leatherette
	 
	 
	 
	H0U - Jet Black
	 
	H0U- Jet Black
	 
	 

	Premium Cloth/Leatherette
	 
	 
	 
	H0X - Jet Black/Dark Titanium
	 
	H0X - Jet Black/Dark Titanium
	 
	 

	Sueded Microfiber
	 
	 
	 
	 
	 
	 
	 
	 

	Sueded Microfiber
	 
	 
	 
	 
	 
	 
	 
	 

	Sueded Microfiber
	 
	 
	 
	 
	 
	 
	 
	 

	Leather-appointed
	 
	 
	 
	 
	 
	 
	H0Y - Jet Black
	H0Y - Jet Black

	Leather-appointed
	 
	 
	 
	 
	 
	 
	H1Q - Jet Black/Dark Titanium
	H1Q - Jet Black/Dark Titanium

	Leather-appointed
	 
	 
	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
					
	Chevrolet Camaro
	 
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 
	 

	Spec
	 
	Spec A
	Spec B
	Spec C

	Model Code
	 
	1EF37
	1EH37
	1ET37

	Equipment Group
	 
	1LT
	2LT
	2SS

	Volume % of Total
	 
	45%
	40%
	15%

	Required Additional Options
	 
	 
	 
	 

	 
	 
	Transmission, Automatic - MX0
	Transmission, Automatic - MX0
	Transmission, Automatic - MX0

	 
	 
	ZCZ - Spare Tire and Wheel
	ZCZ - Spare Tire and Wheel
	SGC - Spare Tire and Wheel Not Desired

	 
	 
	-------------------------------
	 
	Engine 6.2L (V8) - L99

	 
	 
	Wheels, 20" Polished Aluminum - RUY
	Wheels, 20" Polished Aluminum - RUY
	Wheels, 20" Polished Aluminum - RUY

	 
	 
	7" Color Touch w/Nav - UHQ
	7" Color Touch w/Nav - UHQ
	7" Color Touch w/Nav - UHQ

	 
	 
	Sunroof - CF5
	Sunroof - CF5
	Sunroof - CF5

	 
	 
	RS Exterior Pkg (WRS)
	RS Exterior Pkg (WRS)
	RS Exterior Pkg (WRS)

	Exterior Colors
	%
	 
	 
	 

	 
	20
	GAN - Silver Ice Metallic
	GAN - Silver Ice Metallic
	GAN - Silver Ice Metallic

	 
	20
	GBA - Black
	GBA - Black
	GBA - Black

	 
	20
	G7C - Red Hot
	G7C - Red Hot
	G7C - Red Hot

	 
	20
	G7D - Bright Yellow
	G7D - Bright Yellow
	G7D - Bright Yellow

	 
	20
	G7P - Red Rock Metallic
	G7P - Red Rock Metallic
	G7P - Red Rock Metallic

	 
	100
	 
	 
	 

	Interior Colors
	 
	 
	 
	 

	Sport Cloth
	 
	AFC - Back
	 
	 

	Sport Cloth
	 
	AFD - Gray
	 
	 

	Sport Cloth
	 
	AFE - Beige
	 
	 

	Front Leather Seating Services
	 
	 
	AFF - Back
	 

	Front Leather Seating Services
	 
	 
	AFG - Gray
	 

	Front Leather Seating Services
	 
	 
	AFH - Beige
	 

	 
	 
	 
	AFI -Inferno Orange
	 

	 
	 
	 
	AOC - Blue
	 

	2SS Front Buckets with SS Embroidery
	 
	 
	 
	AFM - Back

	2SS Front Buckets with SS Embroidery
	 
	 
	 
	AFN - Gray

	2SS Front Buckets with SS Embroidery
	 
	 
	 
	AFO - Beige

	2SS Front Buckets with SS Embroidery
	 
	 
	 
	AAY -Inferno Orange

	2SS Front Buckets with SS Embroidery
	 
	 
	 
	AOF - Blue

 

	
			
	Confidential
	 
	Attachment 1A

	
					
	Chevrolet Camaro Convertible
	 
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 
	 

	Spec
	 
	Spec A
	Spec B
	Spec C

	Equipment Group
	 
	1EF67
	1EH67
	1ET67

	Equipment Group
	 
	1LT
	2LT
	2SS

	Volume % of Total
	 
	30%
	40%
	30%

	Required Additional Options
	 
	Transmission, Automatic - MX0
	Transmission, Automatic - MX0
	Wheels, 20" Polished Aluminum -RUY

	 
	 
	Wheels, 19" Bright Aluminum - RVD
	Wheels, 20" Polished Aluminum -RUY
	 

	 
	 
	7" Color Touch w/Nav - UHQ
	7" Color Touch w/Nav - UHQ
	7" Color Touch w/Nav - UHQ

	 
	 
	ZCZ- Spare Tire and Wheel
	ZCZ- Spare Tire and Wheel
	Engine 6.2L (V8) - L99

	 
	 
	6 Speed Auto Trans. - MXO
	6 Speed Auto Trans. - MXO
	6 Speed Auto Trans. - MXO

	 
	 
	 
	RS Package
	RS Package

	Exterior Colors
	%
	 
	 
	 

	 
	20
	GAN - Silver Ice Metallic
	GAN - Silver Ice Metallic
	GAN - Silver Ice Metallic

	 
	20
	GBA - Black
	GBA - Black
	GBA - Black

	 
	20
	G7C - Red Hot
	G7C - Red Hot
	G7C - Red Hot

	 
	20
	G7D - Bright Yellow
	G7D - Bright Yellow
	G7D - Bright Yellow

	 
	20
	G7P - Red Rock Metallic
	G7P - Red Rock Metallic
	G7P - Red Rock Metallic

	 
	100
	 
	 
	 

	Interior Colors
	 
	 
	 
	 

	Sport Cloth
	 
	AFC - Back
	 
	 

	Sport Cloth
	 
	AFD - Gray
	 
	 

	Sport Cloth
	 
	AFE - Beige
	 
	 

	Front Leather Seating Services
	 
	 
	AFF - Back
	 

	Front Leather Seating Services
	 
	 
	AFG - Gray
	 

	Front Leather Seating Services
	 
	 
	AFH - Beige
	 

	 
	 
	 
	AFI -Inferno Orange
	 

	 
	 
	 
	AOC - Blue
	 

	2SS Front Buckets with SS Embroidery
	 
	 
	 
	AFM - Back

	2SS Front Buckets with SS Embroidery
	 
	 
	 
	AFN - Gray

	2SS Front Buckets with SS Embroidery
	 
	 
	 
	AFO - Beige

	2SS Front Buckets with SS Embroidery
	 
	 
	 
	AAY -Inferno Orange

	2SS Front Buckets with SS Embroidery
	 
	 
	 
	AOF - Blue

 

	
			
	Confidential
	 
	Attachment 1A

	
				
	Chevrolet Corvette
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 

	Spec
	 
	Spec A
	Spec B

	Model
	 
	Coupe
	Convertible

	Model Code
	 
	1YY07
	1YY67

	Equipment Group
	 
	3LT
	3LT

	Required Additional Options
	 
	 
	 

	 
	 
	Dual Mode Performance Exhaust - NPP
	Dual Mode Performance Exhaust - NPP

	 
	 
	Transmission, 8-speed paddle shift with automatic modes - M5U
	Transmission, 8-speed paddle shift with automatic modes - M5U

	 
	 
	18" Wheels, 5-spoke, Chrome Alum - QX3
	18" Wheels, 5-spoke, Chrome Alum - QX3

	 
	 
	Transparent Roof - CC3
	 

	Exterior Colors
	 
	 
	 

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	GBA - Black
	GBA - Black

	 
	 
	G8A - Velocity Yellow
	G8A - Velocity Yellow

	 
	 
	GKZ -  Red
	GKZ -  Red

	Interior Colors
	 
	 
	 

	 
	 
	195 - Black
	195 - Black

	 
	 
	345 - Kalahari
	345 - Kalahari

	 
	 
	145 -  Gray
	145 -  Gray

	Convertible Top Colors
	 
	 
	21T = Kalahari, 37T = Gray, 41T = Black

 

	
			
	Confidential
	 
	Attachment 1A

	
						
	Chevrolet Trax
	 
	 
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)

	Model
	 
	Spec A
	Spec B
	Spec C
	Spec D

	Model Code
	 
	1JV76
	1JS76
	1JW76
	1JT76

	Equipment Group
	 
	LT - FWD
	1LT - AWD
	LTZ - FWD
	LTZ - AWD

	Volume % of Total
	 
	30%
	20%
	30%
	20%

	Standard Equipment
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 

	Engine
	 
	LUV -  ECOTEC Turbo 1.4L Variable Valve Timing DOHC 4-cylinder
	LUV -  ECOTEC Turbo 1.4L Variable Valve Timing DOHC 4-cylinder
	LUV -  ECOTEC Turbo 1.4L Variable Valve Timing DOHC 4-cylinder
	LUV -  ECOTEC Turbo 1.4L Variable Valve Timing DOHC 4-cylinder

	Transmission
	 
	MNK - Transmission, 6-speed automatic
	MNK - Transmission, 6-speed automatic
	MNK - Transmission, 6-speed automatic
	MNK - Transmission, 6-speed automatic

	Air Conditioning
	 
	C60 - Single Zone Manual
	C60 - Single Zone Manual
	C60 - Single Zone Manual
	C60 - Single Zone Manual

	Steering
	 
	NJ1 - power, non-variable ratio, electric
	NJ1 - power, non-variable ratio, electric
	NJ1 - power, non-variable ratio, electric
	NJ1 - power, non-variable ratio, electric

	Brakes
	 
	JM4 - 4-wheel antilock, front disc/rear drum
	JM4 - 4-wheel antilock, front disc/rear drum
	JM4 - 4-wheel antilock, front disc/rear drum
	JM4 - 4-wheel antilock, front disc/rear drum

	Windows
	 
	Power with driver Express-Up/Down
	Power with driver Express-Up/Down
	Power with driver Express-Up/Down
	Power with driver Express-Up/Down

	Door Locks
	 
	Door locks, power programmable
	Door locks, power programmable
	Door locks, power programmable
	Door locks, power programmable

	 
	 
	Door locks, rear child security
	Door locks, rear child security
	Door locks, rear child security
	Door locks, rear child security

	Cruise Control
	 
	STD
	STD
	STD
	STD

	Tilt & Telescoping Wheel
	 
	 
	 
	 
	 

	Seats
	 
	AH3, driver 4-way manual
	AH3, driver 4-way manual
	AH3, driver 4-way manual
	AH3, driver 4-way manual

	Rear Defogger
	 
	 
	 
	 
	 

	Radio
	 
	UQ3 - Audio system feature, 6-speaker system
	UQ3 - Audio system feature, 6-speaker system
	UQA - Audio system feature, Bose premium 7-speaker system with amplifier, including subwoofer
	UQA - Audio system feature, Bose premium 7-speaker system with amplifier, including subwoofer

	Wheels
	 
	RRZ - Wheels, 16" (40.6 cm) aluminum
	RRZ - Wheels, 16" (40.6 cm) aluminum
	5P4 - Wheels, 18" (45.7 cm) aluminum
	5P4 - Wheels, 18" (45.7 cm) aluminum

	Floor Mats
	 
	STD
	STD
	STD
	STD

	Seat Trim/Style
	 
	 
	 
	 
	 

	Airbags
	 
	STD
	STD
	STD
	STD

	Rear Camera
	 
	STD
	STD
	STD
	STD

	Required Additional Options
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 

	 
	 
	PDB Package(which includes AG9, EVK, N34, UD7)
	PDB Package(which includes AG9, EVK, N34, UD7)
	Sunroof - CF5
	Sunroof - CF5

	 
	 
	 
	 
	 
	 

	Exterior Colors
	 
	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
						
	 
	 
	 
	 
	 
	 

	 
	 
	GB8– Mosaic Black Metallic
	GB8– Mosaic Black Metallic
	GB8– Mosaic Black Metallic
	GB8– Mosaic Black Metallic

	 
	 
	GAZ–Summit White
	GAZ–Summit White
	GAZ–Summit White
	GAZ–Summit White

	 
	 
	GTS–Blue Topaz Metallic
	GTS–Blue Topaz Metallic
	GTS–Blue Topaz Metallic
	GTS–Blue Topaz Metallic

	 
	 
	GAN–Silver Ice Metallic
	GAN–Silver Ice Metallic
	GAN–Silver Ice Metallic
	GAN–Silver Ice Metallic

	 
	 
	G7C - Red Hot
	G7C - Red Hot
	G7C - Red Hot
	G7C - Red Hot

	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 

	TOTAL
	 
	 
	 
	 
	 

	Interior Colors
	 
	 
	 
	 
	 

	 
	80%
	AES - Jet Black
	AES - Jet Black
	AEW - Jet Black
	AEW - Jet Black

	 
	10%
	AET - Jet Black/Titanium
	AET - Jet Black/Titanium
	AEX - Jet Black/Titanium
	AEX - Jet Black/Titanium

	 
	10%
	AEV - Jet Black/Brownstone
	AEV - Jet Black/Brownstone
	AEY - Jet Black/Brownstone
	AEY - Jet Black/Brownstone

	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 

	Exterior Colors
	%
	 
	 
	 
	 

	 
	20
	GAN - Silver Ice Metallic
	GAN - Silver Ice Metallic
	 
	GAN - Silver Ice Metallic

	 
	20
	GBU - Arctic Ice
	GBU - Arctic Ice
	 
	GBU - Arctic Ice

	 
	20
	GLJ - Ashen Gray Metallic
	GLJ - Ashen Gray Metallic
	 
	GLJ - Ashen Gray Metallic

	 
	20
	GBE - Crystal Red Tintcoat
	GBE - Crystal Red Tintcoat
	 
	GBE - Crystal Red Tintcoat

	 
	20
	(GXH) Blue Ray Metallic
	(GXH) Blue Ray Metallic
	 
	(GXH) Blue Ray Metallic

	 
	100
	 
	 
	 
	 

	Interior Colors
	 
	 
	 
	 
	 

	AEN - Black Cloth
	 
	AEN - Black Cloth
	AEN - Black Cloth
	 
	 

	ADW - Black Leather
	 
	 
	ADW - Black Leather
	 
	ADW - Black Leather

	ADX - Black/Titanium Leather
	 
	 
	 
	 
	ADX - Black/Titanium Leather

	 
	 
	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
						
	Chevrolet Equinox
	 
	 
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 
	 
	 

	Spec
	 
	Spec A
	Spec B
	Spec C
	Spec D

	Model Code
	 
	1LH26
	1LK26
	1LJ26
	1LM26

	Equipment Group
	 
	LT
	LT
	1LZ
	1LZ

	Model
	 
	4 Dr Utility FWD
	4 Dr Utility AWD
	4 Dr Utility AWD
	4 Dr Utility AWD

	Volume % of Total
	 
	35%
	40%
	10%
	15%

	Standard Equipment
	 
	1LT
	2LT
	1LZ
	1LZ

	Engine
	 
	Engine 2.4 L - LEA
	Engine 2.4 L - LEA
	Engine 2.4 L - LEA
	Engine 2.4 L - LEA

	Transmission
	 
	6-Speed Automatic
	6-Speed Automatic
	6-Speed Automatic
	6-Speed Automatic

	Air Conditioning
	 
	Air Conditioning
	Auto HVAC
	Auto HVAC
	Auto HVAC

	Air Conditioning, Rear
	 
	-------------------------------
	-------------------------------
	-------------------------------
	-------------------------------

	Steering
	 
	Variable Electric Power Steering
	Variable Electric Power Steering
	Variable Electric Power Steering
	Variable Electric Power Steering

	Brakes
	 
	Brakes, Power 4Whl Disc w/ ABS
	Brakes, Power 4Whl Disc w/ ABS
	Brakes, Power 4Whl Disc w/ ABS
	Brakes, Power 4Whl Disc w/ ABS

	Windows
	 
	Power w/ Express Down on all doors
	Power w/ Express Down on all doors
	Power w/ Express Down on all doors
	Power w/ Express Down on all doors

	Door Locks
	 
	Pwr Locks w/Keyless Ent.
	Pwr Locks w/Keyless Ent.
	Pwr Locks w/Keyless Ent.
	Pwr Locks w/Keyless Ent.

	Cruise Control
	 
	Cruise Control
	Cruise Control
	Cruise Control
	Cruise Control

	Tilt & Telescoping Wheel
	 
	Tilt/Telescoping Steering Wheel
	Tilt/Telescoping Steering Wheel
	Tilt/Telescoping Steering Wheel
	Tilt/Telescoping Steering Wheel

	Seats
	 
	Manual Driver w/power Hgt & Lumbar
	Seat, 8-Way Power Driver
	Seat, 8-Way Power Driver & Passenger
	Seat, 8-Way Power Driver & Passenger

	Rear Defogger
	 
	Rear Defogger
	Rear Defogger
	Rear Defogger
	Rear Defogger

	Radio
	 
	UFU
	UFU
	UFU
	UFU

	Wheels
	 
	Wheels, 17" aluminum - RVF
	Wheels, 17" aluminum - RVF
	(5P4) 18"  aluminum wheels
	(5P4) 18"  aluminum wheels

	Floor Mats
	 
	Floor Mats
	Floor Mats
	Floor Mats
	Floor Mats

	Seat Trim/Style
	 
	Seat, Cloth Bucket
	Heated Seat, Cloth Bucket
	Heated Seat, Bucket
	Heated Seat, Bucket

	Airbags
	 
	Frt Side and Frt/RR Head Curtain
	Frt Side and Frt/RR Head Curtain
	Frt Side and Frt/RR Head Curtain
	Frt Side and Frt/RR Head Curtain

	Other
	 
	-------------------------------
	-------------------------------
	Perforated Leather Seating - Included and only available with (AFL), (AFM), or (AFN) - EAL
	Perforated Leather Seating - Included and only available with (AFL), (AFM), or (AFN) - EAL

	Other
	 
	StabiliTrak
	StabiliTrak
	StabiliTrak
	StabiliTrak

	Other
	 
	OnStar
	OnStar
	OnStar
	OnStar

	Other
	 
	XM
	XM
	XM
	XM

	Other
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 

	Required Additional  Options
	 
	 
	 
	Chevrolet MyLink Touch - UHQ
	Chevrolet MyLink Touch - UHQ

	
			
	Confidential
	 
	Attachment 1A

	
						
	 
	 
	Driver Convenience Package - Includes (BTV) remote vehicle starter system, (AE8) 8-way power front seat adjuster and (UVC) rearview camera system - PDD - 
	Power Convenience Package, includes (AH8) 8-way power pass seat,  (UG1) universal garage opener and (TB5) power programmable liftgate - PDC
	Sunroof - CF5
	Sunroof - CF5

	 
	 
	 
	Sunroof - CF5
	Engine 3.6L V6 w/Flex Fuel - LFX
	Engine 3.6L V6 w/Flex Fuel - LFX

	 
	 
	 
	 
	 
	 

	Exterior Colors
	%
	 
	 
	 
	 

	 
	10
	GAN - Silver Ice Metallic
	GAN - Silver Ice Metallic
	 
	 

	 
	 
	GAZ - Summit White
	GAZ - Olympic White - NEW
	GAZ - Olympic White - NEW
	GAZ - Olympic White - NEW

	 
	 
	GB8 - Mosaic Black Metallic
	GB8 - Mosaic Black Metallic
	GB8 - Mosaic Black Metallic
	GB8 - Mosaic Black Metallic

	 
	 
	GXG - Tungsten Metallic
	GXG - Tungsten Metallic
	GXG - Tungsten Metallic
	GXG - Tungsten Metallic

	 
	 
	G1E - Siren Red Tintcoat
	G1E - Siren Red Tintcoat
	G1E - Siren Red Tintcoat
	G1E - Siren Red Tintcoat

	 
	 
	G1W - Iridescent Pearl Tintcoat
	G1W - Iridescent Pearl Tintcoat
	G1W - Iridescent Pearl Tintcoat
	G1W - Iridescent Pearl Tintcoat

	Interior Colors
	 
	 
	 
	 
	 

	 
	 
	AFK - Jet Black/Lt. Titanium
	AFK/AFM - Jet Black/Lt. Titanium
	AFM - Jet Black/Lt. Titanium
	AFM - Jet Black/Lt. Titanium

	 
	 
	AFJ - Jet Black
	AFJ/AFL - Jet Black
	AFL - Jet Black
	AFL - Jet Black

	 
	 
	 
	AFN Jet Black/Brownstone
	AFN Jet Black/Brownstone
	AFN Jet Black/Brownstone

	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
								
	Chevrolet Traverse
	 
	 
	 
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 
	 
	 
	 

	Model
	 
	Spec A
	Spec B
	Spec C
	Spec D
	Spec E

	Model Code
	 
	CR14526
	CR14526
	CV14526 AWD
	CV14526 AWD
	CV14526 AWD

	Equipment Group
	 
	1LT - FWD
	2LT - FWD
	1LT - AWD
	2LT - AWD
	LTZ -AWD

	Volume % of Total
	 
	30%
	25%
	25%
	10%
	10%

	Standard Equipment
	 
	1LT - FWD
	2LT - FWD
	1LT - AWD
	2LT - AWD
	LTZ -AWD

	Engine
	 
	3.6 L V6
	3.6 L V6
	3.6 L V6
	3.6 L V6
	3.6 L V6

	Transmission
	 
	AUTOMATIC, 6-SPEED
	AUTOMATIC, 6-SPEED
	AUTOMATIC, 6-SPEED
	AUTOMATIC, 6-SPEED
	AUTOMATIC, 6-SPEED

	Air Conditioning
	 
	Manual
	Auto, tri-zone
	Manual
	Auto, tri-zone
	Auto, tri-zone

	Air Conditioning, Rear
	 
	manual standard
	manual standard
	manual standard
	manual standard
	manual standard

	Steering
	 
	Power assist, variable
	Power assist, variable
	Power assist, variable
	Power assist, variable
	Power assist, variable

	Brakes
	 
	w/ABS, StabiliTrak, Tire Pressure Mon
	w/ABS, StabiliTrak, Tire Pressure Mon
	w/ABS, StabiliTrak, Tire Pressure Mon
	w/ABS, StabiliTrak, Tire Pressure Mon
	w/ABS, StabiliTrak, Tire Pressure Mon

	Windows
	 
	Power
	Power
	Power
	Power
	Power

	Door Locks
	 
	RKE standard
	RKE standard
	RKE standard
	RKE standard
	RKE standard

	Cruise Control
	 
	standard
	standard
	standard
	standard
	standard

	Tilt Wheel
	 
	Tilt & telescoping
	Tilt & telescoping
	Tilt & telescoping
	Tilt & telescoping
	Tilt & telescoping

	Seats
	 
	Front buckets, rear benches
	Ft buckets, 2nd row captain's chairs
	Front buckets, rear benches
	Ft buckets, 2nd row captain's chairs
	Ft buckets, 2nd row captain's chairs

	Rear Defogger
	 
	standard
	standard
	standard
	standard
	standard

	Radio
	 
	AM/FM w/ CD and XM
	AM/FM w/ CD, XM, Bose & USB Port
	AM/FM w/ CD and XM
	AM/FM w/ CD, XM, Bose & USB Port
	AM/FM w/ CD, XM, Bose & USB Port

	Wheels
	 
	18" aluminum
	18" aluminum
	18" aluminum
	18" aluminum
	18" aluminum

	Floor Mats
	 
	all seating positions
	all seating positions
	all seating positions
	all seating positions
	all seating positions

	Seat Trim/Style
	 
	cloth, 8-passenger
	cloth, 7-passenger
	cloth, 8-passenger
	cloth, 7-passenger
	leather, 7-passenger

	Other
	 
	8-way power driver
	8-way power driver
	8-way power driver
	8-way power driver
	8-way power driver

	Other
	 
	Rear Parking Assist audible alert
	Rear Parking Assist audible alert
	Rear Parking Assist audible alert
	Rear Parking Assist audible alert
	Rear Parking Assist audible alert

	Other
	 
	---
	Rear Camera in ISRV mirror
	---
	Rear Camera in ISRV mirror
	Rear Camera in ISRV mirror

	Other
	 
	---
	Power tailgate
	---
	Power tailgate
	Power tailgate

	Other
	 
	Steering wheel w/audio controls
	Steering wheel w/audio controls
	Steering wheel w/audio controls
	Steering wheel w/audio controls
	Steering wheel w/audio controls

	
			
	Confidential
	 
	Attachment 1A

	
								
	Other
	 
	OnStar Directions & Connections
	OnStar Directions & Connections
	OnStar Directions & Connections
	OnStar Directions & Connections
	OnStar Directions & Connections

	Other
	 
	---
	---
	---
	---
	PCL Personal Connectivity Pkg

	Other
	 
	XM
	XM
	XM
	XM
	 

	Required Additional Options
	 
	 
	 
	 
	 
	 

	 
	 
	 
	U42 - Rear DVD
	 
	U42 - Rear DVD
	 

	 
	 
	 
	 
	 
	C3U Panoramic Sunroof
	 

	 
	 
	 
	Leather Seats - IP2
	 
	Leather Seats - IP2.
	 

	 
	 
	Heated Seats w/ Prem Cloth - KA1
	 
	Heated Seats w/ Prem Cloth - KA1
	 
	 

	 
	 
	Remote Start
	 
	Remote Start
	 
	 

	Excluded Options
	 
	 
	 
	 
	 
	 

	 
	 
	Color 51U
	Color 51U
	Color 51U
	Color 51U
	Color 51U

	 
	 
	Color GGU
	Color GGU
	Color GGU
	Color GGU
	Color GGU

	 
	 
	 
	 
	 
	 
	 

	Exterior Colors
	%
	 
	 
	 
	 
	 

	 
	 
	17U - Silver Ice Metallic
	17U - Silver Ice Metallic
	17U - Silver Ice Metallic
	17U - Silver Ice Metallic
	17U - Silver Ice Metallic

	 
	 
	GAZ - Summit White
	GAZ - Summit White
	GAZ - Summit White
	GAZ - Summit White
	GAZ - Summit White

	 
	 
	GB8 - Mosaic Black Metallic
	GB8 - Mosaic Black Metallic
	GB8 - Mosaic Black Metallic
	GB8 - Mosaic Black Metallic
	GB8 - Mosaic Black Metallic

	 
	 
	G1E - Siren Red Metallic
	G1E - Siren Red Metallic
	G1E - Siren Red Metallic
	G1E - Siren Red Metallic
	G1E - Siren Red Metallic

	 
	 
	G1W - Iridescent Pearl Tri-Coat
	G1W - Iridescent Pearl Tri-Coat
	G1W - Iridescent Pearl Tri-Coat
	G1W - Iridescent Pearl Tri-Coat
	G1W - Iridescent Pearl Tri-Coat

	 
	 
	GXG - Tungsten
	GXG - Tungsten
	GXG - Tungsten
	GXG - Tungsten
	GXG - Tungsten

	 
	0
	 
	 
	 
	 
	 

	Interior Colors
	 
	 
	 
	 
	 
	 

	Premium Cloth
	 
	83C - Dark Titanium / Light Titanium
	83C - Dark Titanium / Light Titanium
	83C - Dark Titanium / Light Titanium
	83C - Dark Titanium / Light Titanium
	 

	Leather-appointed
	 
	 
	832 - Dark Titanium / Light Titanium
	 
	832 - Dark Titanium / Light Titanium
	 

	Perforated leather seating surfaces
	 
	 
	 
	 
	 
	833 - Dark Titanium / Light Titanium

	Premium Cloth
	 
	19C - Ebony
	19C - Ebony
	19C - Ebony
	19C - Ebony
	 

	Leather-appointed
	 
	 
	192 - Ebony
	 
	192 - Ebony
	 

	Perforated leather seating surfaces
	 
	 
	 
	 
	 
	193 - Ebony

	Premium Cloth
	 
	0IC - Ebony/Saddle Up
	0IC - Ebony/Saddle Up
	0IC - Ebony/Saddle Up
	0IC - Ebony/Saddle Up
	 

	Leather-appointed
	 
	 
	0I2 - Ebony/Saddle Up
	 
	0I2 - Ebony/Saddle Up
	 

	Perforated leather seating surfaces
	 
	 
	 
	 
	 
	0I3 - Ebony/Saddle Up

	
			
	Confidential
	 
	Attachment 1A

	
				
	Chevrolet Tahoe
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 

	Model
	 
	Spec A
	Spec B

	Model Code
	 
	CC15706
	CK15706

	Equipment Group
	 
	1LT - 2WD
	1LT - 4WD

	Volume % of Total
	 
	60%
	40%

	Standard Equipment
	 
	 
	 

	Engine
	 
	Engine Vortec 5.3L V8 - LC9
	Engine Vortec 5.3L V8 - LC9

	Transmission
	 
	Transmission, Automatic
	Transmission, Automatic

	Air Conditioning
	 
	Air Conditioning, Dual Zone
	Air Cond. Auto Dual Zone

	Air Conditioning, Rear
	 
	Air Conditioning, Rear Aux.
	Air Conditioning, Rear Aux.

	Steering
	 
	Power Steering
	Power Steering

	Brakes
	 
	Brakes, Power 4Whl Disc w/ ABS
	Brakes, Power 4Whl Disc w/ ABS

	Windows
	 
	Power Windows
	Power Windows

	Door Locks
	 
	Pwr Locks w/Keyless Ent.
	Pwr Locks w/Keyless Ent.

	Cruise Control
	 
	Cruise Control
	Cruise Control

	Tilt Wheel
	 
	Tilt Steering Wheel
	Tilt Steering Wheel

	Seats
	 
	Seat, 6 Way Power Driver
	Seat, 6 Way Power Driver

	Rear Defogger
	 
	Rear Defogger
	Rear Defogger

	Air Bags
	 
	Dual Front & Side
	Dual Front & Side

	Radio
	 
	Radio AM/FM/CD - UUI
	Radio AM/FM/CD - UUI

	Wheels
	 
	Wheels, 18" aluminum - N87
	Wheels, 17" aluminum - P46

	Floor Mats
	 
	Floor Mats
	Floor Mats

	Seat Trim/Style
	 
	Seat, Cloth Bucket - A95
	Seat, Cloth Bucket - A95

	Other
	 
	StabiliTrak
	StabiliTrak

	Other
	 
	Rear Park Assist
	Rear Park Assist

	Other
	 
	Power Adj Pedals
	Power Adj Pedals

	Other
	 
	Bluetooth Interface
	Bluetooth Interface

	Other
	 
	XM
	XM

	Other
	 
	OnStar
	OnStar

	 
	 
	 
	 

	Required Additional Options
	 
	PCK - Luxury Pkg.
	PCK - Luxury Pkg.

	 
	 
	Full Feature Leather Buckets with Heat (10 way)-AN3
	Full Feature Leather Buckets with Heat (10 way)-AN3

	 
	 
	Heated 2nd Row Seats - KA6
	Heated 2nd Row Seats - KA6

	 
	 
	Power Folding Outside Mirrors with Integrated Turn Signals  - DL3
	Power Folding Outside Mirrors with Integrated Turn Signals  - DL3

	
			
	Confidential
	 
	Attachment 1A

	
				
	 
	 
	2nd Row - Power Release - ARS
	2nd Row - Power Release - ARS

	 
	 
	Power Liftgate - E61
	Power Liftgate - E61

	 
	 
	 
	 

	 
	 
	Sunroof - CF5
	Sunroof - CF5 -

	 
	 
	Rear Entertainment - U42   (Req UUJ Radio)
	Rear Entertainment - U42         (Req UUJ Radio)

	 
	 
	 
	 

	Exterior Colors
	%
	 
	 

	 
	 
	GBA - Black
	GBA - Black

	 
	 
	G1E - Siren Red Metallic
	G1E - Siren Red Metallic

	 
	 
	GAZ - Summit White
	GAZ - Summit White

	 
	 
	GAN -  Silver Ice Metallic
	GAN -  Silver Ice Metallic

	 
	 
	G1C - Slate Gray Metallic
	G1C - Slate Gray Metallic

	 
	 
	 
	 

	 
	 
	 
	 

	 
	0
	 
	 

	Interior Colors
	 
	 
	 

	 
	 
	H2V - Jet Black/Dark Ash
	H2V - Jet Black/Dark Ash

	 
	 
	H0K - Cocoa/Dune
	H0K - Cocoa/Dune

	 
	 
	H2U - Jet Black
	H2U - Jet Black

	 
	 
	 
	 

	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
				
	Chevrolet Suburban
	 
	 
	 

	2014MY Repurchase Rental Minimum Equipment (VN9)
	 

	Model
	 
	Spec A
	Spec B

	Model Code
	 
	CC15906
	CK15906

	 
	 
	1LT -2WD
	1LT - 4WD

	Equipment Group
	 
	1LT
	1LT

	Volume % of Total
	 
	60%
	40%

	Standard Equipment
	 
	 
	 

	Engine
	 
	Engine Vortec 5.3L V8 - LMG
	Engine Vortec 5.3L V8 - LC9

	Transmission
	 
	Transmission, Automatic
	Transmission, Automatic

	Air Conditioning
	 
	Air Cond. Auto Dual Zone
	Air Cond. Auto Dual Zone

	Air Conditioning, Rear
	 
	Air Conditioning, Rear Aux.
	Air Conditioning, Rear Aux.

	Steering
	 
	Power Steering
	Power Steering

	Brakes
	 
	Brakes, Power 4Whl Disc w/ ABS
	Brakes, Power 4Whl Disc w/ ABS

	Windows
	 
	Power Windows
	Power Windows

	Door Locks
	 
	Pwr Locks w/Keyless Ent.
	Pwr Locks w/Keyless Ent.

	Cruise Control
	 
	Cruise Control
	Cruise Control

	Tilt Wheel
	 
	Tilt Steering Wheel
	Tilt Steering Wheel

	Seats
	 
	Seat, 6 Way Power Driver
	Seat, 6 Way Power Driver

	Seats
	 
	3 Pass 3rd Row Seat - AS3
	3 Pass 3rd Row Seat - AS3

	Rear Defogger
	 
	Rear Defogger
	Rear Defogger

	Radio
	 
	Radio AM/FM/CD - UUI
	Radio AM/FM/CD - UUI

	Wheels
	 
	Wheels, 17" aluminum - P46
	Wheels, 17" aluminum - P46

	Floor Mats
	 
	Floor Mats
	Floor Mats

	Seat Trim/Style
	 
	Seat, Leather Bucket - A95
	Seat, Leather Bucket - A95

	Air Bags
	 
	Dual Front & Side
	Dual Front & Side

	Other
	 
	StabiliTrak
	StabiliTrak

	Other
	 
	Power Adj Pedals
	Power Adj Pedals

	Other
	 
	Rear Park Assist
	Rear Park Assist

	Other
	 
	Blue Tooth Interface - UPF
	Blue Tooth Interface - UPF

	Other
	 
	XM
	XM

	Other
	 
	OnStar
	OnStar

	Required Additional Options
	 
	PCK - Luxury Pkg.
	PCK - Luxury Pkg.

	 
	 
	Full Feature Leather Buckets with Heat (10 way)-AN3
	 

	 
	 
	Heated 2nd Row Seats - KA6
	Heated 2nd Row Seats - KA6

	
			
	Confidential
	 
	Attachment 1A

	
				
	 
	 
	Power Folding Outside Mirrors with Integrated Turn Signals  - DL3
	Power Folding Outside Mirrors with Integrated Turn Signals  - DL3

	 
	 
	2nd Row - Power Release - ARS
	2nd Row - Power Release - ARS

	 
	 
	Power Liftgate - E61
	Power Liftgate - E61

	 
	 
	Sunroof - CF5
	Sunroof - CF5 -

	 
	 
	Rear Entertainment - U42   (Req UUJ Radio)
	Rear Entertainment - U42         (Req UUJ Radio)

	Exterior Colors
	%
	 
	 

	 
	 
	GBA - Black
	GBA - Black

	 
	 
	G1E - Siren Red Metallic
	G1E - Siren Red Metallic

	 
	 
	GAZ - Summit White
	GAZ - Summit White

	 
	 
	GAN -  Silver Ice Metallic
	GAN -  Silver Ice Metallic

	 
	 
	G1C - Slate Gray Metallic
	G1C - Slate Gray Metallic

	Interior Colors
	 
	H2V - Jet Black/Dark Ash
	H2V - Jet Black/Dark Ash

	 
	 
	H0K - Cocoa/Dune
	H0K - Cocoa/Dune

	 
	 
	H2U - Jet Black
	H2U - Jet Black

	
			
	Confidential
	 
	Attachment 1A

	
					
	Chevrolet Express
	 
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 

	Spec
	 
	Spec C
	Spec D
	Spec E

	Model
	 
	Van Reg WB RWD
	Van Reg WB RWD
	Van Ext WB RWD

	Equipment Group
	 
	 
	 
	 

	Model Code
	 
	CG23406
	CG33406
	CG33706

	Volume % of Total
	 
	 

	Standard Equipment
	 
	1LT
	1LT
	1LT

	Required Additional Options
	 
	 
	 
	 

	 
	 
	Radio AM/FM/CD - U0H
	Radio AM/FM/CD - U0H
	Radio AM/FM/CD - U0H

	 
	 
	Rear Defogger - C49
	Rear Defogger - C49
	Rear Defogger - C49

	 
	 
	Seat, 6-Way Power Driver - AG1
	Seat, 6-Way Power Driver - AG1
	Seat, 6-Way Power Driver - AG1

	 
	 
	UVC Rear Camera
	UVC Rear Camera
	UVC Rear Camera

	 
	 
	 
	 
	 

	Exterior Colors
	 
	 
	 
	 

	50U - Summit White
	 
	GAZ - Summit White
	GAZ - Summit White
	GAZ - Summit White

	 
	 
	 
	 
	 

	Interior Colors
	 
	 
	 
	 

	93G - Medium Pewter
	 
	93G - Medium Pewter
	93G - Medium Pewter
	93G - Medium Pewter

	 
	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
						
	Buick Verano (ALL NEW)
	 
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 
	 

	Model
	 
	Spec A
	Spec B
	Spec C
	 

	Model Code
	 
	4PG69
	4PH69
	4PH69
	 

	Equipment Group
	 
	1SG
	1SL
	1SL
	 

	Volume % of Total
	 
	30%
	30%
	40%
	 

	Standard Equipment
	 
	1SG
	1SL
	1SL
	 

	Engine
	 
	2.4L  Cyl
	2.4L  Cyl
	2.4L  Cyl
	 

	Transmission
	 
	6-Speed Automatic
	6-Speed Automatic
	6-Speed Automatic
	 

	Air Conditioning
	 
	Air Cond. Auto Dual Zone
	Air Cond. Auto Dual Zone
	Air Cond. Auto Dual Zone
	 

	Steering
	 
	Power Steering, Electric
	Power Steering, Electric
	Power Steering, Electric
	 

	Brakes
	 
	Pwr Brakes w/ 4Whl Disc & ABS
	Pwr Brakes w/ 4Whl Disc & ABS
	Pwr Brakes w/ 4Whl Disc & ABS
	 

	Windows
	 
	Power Windows
	Power Windows
	Power Windows
	 

	Door Locks
	 
	Pwr Locks w/Keyless Entry
	Pwr Locks w/Keyless Entry
	Pwr Locks w/Keyless Entry
	 

	Cruise Control
	 
	Cruise Control
	Cruise Control
	Cruise Control
	 

	Tilt Wheel
	 
	Manual Rake and Telescoping
	Manual Rake and Telescoping
	Manual Rake and Telescoping
	 

	Seats
	 
	6-Way Power Driver Seat
	6-Way Power Driver Seat
	6-Way Power Driver Seat
	 

	Seats
	 
	Manual Passenger Seat
	Manual Passenger Seat
	Manual Passenger Seat
	 

	Seats
	 
	KA1) Driver and front passenger heated seats
	KA1) Driver and front passenger heated seats
	KA1) Driver and front passenger heated seats
	 

	Rear Defogger
	 
	Rear Defogger
	Rear Defogger
	Rear Defogger
	 

	Radio
	 
	Color Connected Radio with Buick IntelliLink
	Color Connected Radio with Buick IntelliLink
	Color Connected Radio with Buick IntelliLink
	 

	Radio
	 
	Radio Controls, steering wheel mounted
	Radio Controls, steering wheel mounted
	Radio Controls, steering wheel mounted
	 

	Stabilitrak
	 
	Includes Traction Control
	Includes Traction Control
	Includes Traction Control
	 

	Wheels
	 
	Wheels, 18" forged alloy aluminum - RV1
	Wheels, 18" forged alloy aluminum - RV1
	Wheels, 18" forged alloy aluminum - RV1
	 

	Floor Mats
	 
	Floor Mats
	Floor Mats
	Floor Mats
	 

	Seat Trim/Style
	 
	Ribbon-fabric with leatherette accents
	Leather-appointed
	Leather-appointed
	 

	Other
	 
	Fog Lamps
	Fog Lamps
	Fog Lamps
	 

	Other
	 
	Rear view camera
	Rear view camera
	Rear view camera
	 

	Other
	 
	(UEU) Forward Collision Alert
	(UEU) Forward Collision Alert
	(UEU) Forward Collision Alert
	 

	 
	 
	(UFL) Lane Departure Warning
	(UFL) Lane Departure Warning
	(UFL) Lane Departure Warning
	 

	Other
	 
	OnStar
	OnStar
	OnStar
	 

	Other
	 
	Convenience Package  WPG 
- 6-way power driver seat 
- Heated OSRVMs 
- Self-dimming ISRVMs 
- Ultrasonic rear parking assist                                - Side-blind zone with rear cross traffic alert
	Convenience Package  WPG 
- 6-way power driver seat 
- Heated OSRVMs 
- Self-dimming ISRVMs 
- Ultrasonic rear parking assist                                - Side-blind zone with rear cross traffic alert
	Convenience Package  WPG 
- 6-way power driver seat 
- Heated OSRVMs 
- Self-dimming ISRVMs 
- Ultrasonic rear parking assist                                - Side-blind zone with rear cross traffic alert
	 

	
			
	Confidential
	 
	Attachment 1A

	
						
	Other
	 
	(UG1) Universal Home Remote, garage door opener, 3-channel programmable
	(UG1) Universal Home Remote, garage door opener, 3-channel programmable
	(UG1) Universal Home Remote, garage door opener, 3-channel programmable
	 

	Other
	 
	 
	Leather Package 
- Heated leather-appointed seats 
- EZ-key passive entry and push-button start 
- Bose Premium Audio sound system 
- Heated leather-wrapped steering wheel
	Leather Package  
- Heated leather-appointed seats 
- EZ-key passive entry and push-button start 
- Bose Premium Audio sound system 
- Heated leather-wrapped steering wheel
	 

	Required Additional Options
	 
	 
	 
	 
	 

	 
	 
	 
	 
	Sunroof (CFI) - 100%
	 

	 
	 
	 
	 
	 
	 

	Excluded Options
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 

	Exterior Colors
	%
	 
	(GAZ) Summit White
	(GAZ) Summit White
	 

	 
	 
	(GAZ) Summit White
	(GAN) Quicksilver Metallic
	(GAN) Quicksilver Metallic
	 

	 
	 
	(GAN) Quicksilver Metallic
	(GBE) Crystal Red Tintcoat
	(GBE) Crystal Red Tintcoat
	 

	 
	 
	(GBE) Crystal Red Tintcoat
	(GBN) White Diamond Tricoat
	(GBN) White Diamond Tricoat
	 

	 
	 
	(GBN) White Diamond Tricoat
	GB8 -  Ebony Twilight  Metallic
	GB8 -  Ebony Twilight  Metallic
	 

	 
	 
	GB8 -  Ebony Twilight  Metallic
	(GLJ) Smoky Gray Metallic
	(GLJ) Smoky Gray Metallic
	 

	 
	 
	(G7Q) Smoky Gray Metallic
	 
	 
	 

	 
	 
	 
	 
	 
	 

	Interior Colors
	 
	 
	 
	 
	 

	 
	 
	(AFA) Medium Titanium Ribbon Fabric
	(AFE) Chocacchino Leather
	(AFE) Chocacchino Leather
	 

	 
	 
	(AFC) Cashmere Ribbon Fabric
	(AFB) Ebony Leather
	(AFB) Ebony Leather
	 

	 
	 
	 
	(AFD) Cashmere Leather
	(AFD) Cashmere Leather
	 

	 
	 
	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
					
	Buick LaCrosse (ALL NEW)
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 

	Model
	 
	Spec A
	Spec B
	Spec C

	Model Code
	 
	4GM69
	4GM69
	4GT69

	Equipment Group
	 
	1SL
	1SL
	1SR

	Volume % of Total
	 
	20%
	50%
	30%

	Standard Equipment
	 
	1SL
	1SL
	1SR

	Engine
	 
	2.4L  Cyl - LUK eAssist
	2.4L  Cyl - LUK eAssist
	3.6L V6 (LFX)

	Transmission
	 
	6-Speed Automatic
	6-Speed Automatic
	6-Speed Automatic

	Air Conditioning
	 
	Air Cond. Auto Dual Zone
	Air Cond. Auto Dual Zone
	Air Cond. Auto Dual Zone

	Steering
	 
	Power Steering, Electric
	Power Steering, Electric
	Power Steering, Magnetic

	Brakes
	 
	Pwr Brakes w/ 4Whl Disc & ABS
	Pwr Brakes w/ 4Whl Disc & ABS
	Pwr Brakes w/ 4Whl Disc & ABS

	Windows
	 
	Power Windows
	Power Windows
	Power Windows

	Door Locks
	 
	Pwr Locks w/Keyless Entry
	Pwr Locks w/Keyless Entry
	Pwr Locks w/Keyless Entry

	Cruise Control
	 
	Cruise Control
	Cruise Control
	Cruise Control

	Tilt Wheel
	 
	Manual Rake and Telescoping
	Manual Rake and Telescoping
	Manual Rake and Telescoping

	Seats
	 
	8-Way Power Driver Seat (includes lumbar)
	8-Way Power Driver Seat (includes lumbar)
	8-Way Power Driver Seat (includes lumbar)

	Seats
	 
	Power Passenger Seat
	Power Passenger Seat
	Power Passenger Seat

	Seats
	 
	Heated Seats, driv. & pass
	Heated Seats, driv. & pass
	Heated and Ventilated Seats, driv. & pass

	Rear Defogger
	 
	Rear Defogger
	Rear Defogger
	Rear Defogger

	Radio
	 
	Color Radio AM/FM/CD/MP3- UFU
	Color Radio AM/FM/CD/MP3- UFU
	Color Radio AM/FM/CD/MP3- UFU with Harman Kardon Premium Sound System

	Radio
	 
	Radio Controls, steering wheel mounted
	Radio Controls, steering wheel mounted
	Radio Controls, steering wheel mounted

	Stabilitrak
	 
	Includes Traction Control
	Includes Traction Control
	Includes Traction Control

	Wheels
	 
	Wheels, 17" aluminum - Q05
	Wheels, 17" aluminum - Q05
	18" Chrome Wheels - Q52

	Floor Mats
	 
	Floor Mats
	Floor Mats
	Floor Mats

	Seat Trim/Style
	 
	Seats, Leather Appointed Bucket - A51
	Seats, Leather Appointed Bucket - A51
	Seats, Leather Appointed Bucket - A51

	Other
	 
	 
	 
	Hi-Per Strut Suspension

	Other
	 
	High Resolution Driver Information Center
	High Resolution Driver Information Center
	High Resolution Driver Information Center

	Other
	 
	 
	 
	Spare Included - P77

	Other
	 
	OnStar
	OnStar
	OnStar

	Other
	 
	Convenience Package  (PDD) 
- Auto Dimming ISRVM 
- Remote Start 
-Power Outlet 
-Universal Home Remote 
- USB port
	Convenience Package  (PDD) 
- Auto Dimming ISRVM 
- Remote Start 
-Power Outlet 
-Universal Home Remote 
- USB port
	Convenience Package  (PDD) 
- Auto Dimming ISRVM 
- Remote Start 
-Power Outlet 
-Universal Home Remote 
- USB port

	
			
	Confidential
	 
	Attachment 1A

	
					
	Other
	 
	Rear Spoiler (n/a with V6 engine)
	Rear Spoiler (n/a with V6 engine)
	 

	Other
	 
	Fog Lamps
	Fog Lamps
	Fog Lamps

	Other
	 
	Comfort & Convenience #2 (PCM) 
-Ultrasonic Rear Parking Assist 
-Memory settings 
-Outside heated power-adjustable, power-folding mirrors 
- Rear Vision Camera
	 
	Comfort & Convenience #2 (PCM) 
-Ultrasonic Rear Parking Assist 
-Memory settings 
-Outside heated power-adjustable, power-folding mirrors 
- Rear Vision Camera

	Other
	 
	 
	 
	Luxury Package (PCK) 
-Leather/Woodgrain Heated Steering Wheel 
 -Perforated and Ventilated front seats 
-Power rear sunshade 
-Passive entry and push button start

	Other
	 
	 
	 
	 

	Other
	 
	 
	 
	 

	 
	 
	 
	 
	 

	Required Additional Options
	 
	 
	 
	 

	 
	 
	 
	V6 Engine (LFX)
	Sunroof - C3U

	 
	 
	 
	 
	Driver Confidence Pkg -  PCI

	 
	 
	 
	 
	 

	Exterior Colors
	%
	 
	 
	 

	 
	 
	GAN - Quicksilver Metallic
	GAN - Quicksilver Metallic
	GAN - Quicksilver Metallic

	 
	 
	(G7Q) Smoky Gray Metallic
	(G7Q) Smoky Gray Metallic
	(G7Q) Smoky Gray Metallic

	 
	 
	GBE - Crystal Red Tintcoat
	GBE - Crystal Red Tintcoat
	GBE - Crystal Red Tintcoat

	 
	 
	GB8 -  Ebony Twilight  Metallic
	GB8 -  Ebony Twilight  Metallic
	GB8 -  Ebony Twilight  Metallic

	 
	 
	GAZ - Summit White
	GAZ - Summit White
	GAZ - Summit White

	 
	 
	GBN - White Diamond Tricoat
	GBN - White Diamond Tricoat
	GBN - White Diamond Tricoat

	 
	 
	GWT Champagne Silver Metallic
	GWT Champagne Silver Metallic
	GWT Champagne Silver Metallic

	 
	 
	 
	 
	 

	Interior Colors
	 
	 
	 
	 

	 
	 
	H0Y - Ebony
	H0Y - Ebony
	H1Y - Ebony

	 
	 
	H1V - Light Neutral
	H1V - Light Neutral
	H1W - Light Neutral

	 
	 
	HJ4 -Choccachino
	HJ4 -Choccachino
	HJ8 - Choccachino

	 
	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
				
	Buick Regal
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 

	Model
	 
	Spec A
	Spec B

	Model Code
	 
	4GR69
	4GP69

	Equipment Group
	 
	1SN
	1FL

	Volume % of Total
	 
	55%
	45%

	Engine
	 
	(LHU)   2.0L Turbo 220hp
	(LEA)  ECOTEC 2.4L DOHC

	Standard Equipment
	 
	 
	 

	Engine
	 
	(LHU)   2.0L Turbo 220hp
	(LEA)  ECOTEC 2.4L DOHC

	Transmission
	 
	Transmission, 6-Speed Automatic
	Transmission, 6-Speed Automatic

	Air Conditioning
	 
	Auto Dual Zone Climate Control
	Auto Dual Zone Climate Control

	Steering
	 
	Power Steering, Hydraulic
	Power Steering, Hydraulic

	Brakes
	 
	Power Brakes w/ 4-Wheel Disc, ABS, & Brake Assist
	Power Brakes w/ 4-Wheel Disc, ABS, & Brake Assist

	Windows
	 
	Power Windows (Exp Up/Down Front, Exp Down Rear)
	Power Windows (Exp Up/Down Front, Exp Down Rear)

	Door Locks
	 
	Power Locks w/Keyless Entry
	Power Locks w/Keyless Entry

	Cruise Control
	 
	Cruise Control
	Cruise Control

	Tilt Wheel
	 
	Manual Tilt and Telescoping
	Manual Tilt and Telescoping

	Seats
	 
	Seat, Driver, 8-way Power
	Seat, Driver, 8-way Power

	Seats
	 
	Seat, Driver, 4-way Power Lumbar (APG)
	Seat, Driver, 4-way Power Lumbar (APG)

	Seats
	 
	Seat, Passenger, 4-way Manual, 2 Way Power Height (A6C)
	Seat, Passenger, 4-way Manual, 2 Way Power Height (A6C)

	Seats
	 
	Heated Seats, Driver & Front Passenger (KA1)
	Heated Seats, Driver & Front Passenger (KA1)

	Seat Trim/Style
	 
	Seat, Leather Bucket
	Seat, Leather Bucket

	Rear Defogger
	 
	Rear Defogger
	Rear Defogger

	Radio
	 
	Radio AM/FM/CD/MP3 (UYE)
	Radio AM/FM/CD/MP3 (UYE)

	Radio
	 
	Radio Controls, Steering Wheel Mounted
	Radio Controls, Steering Wheel Mounted

	Radio
	 
	7 Speaker System (U65)
	7 Speaker System (U65)

	Stabilitrak
	 
	Includes Traction Control
	Includes Traction Control

	Wheels
	 
	Wheels, 18" Alloy (Q56)
	Wheels, 18" Alloy (Q56)

	Floor Mats
	 
	Floor Mats, Front and Rear
	Floor Mats, Front and Rear

	Air Bags
	 
	6 Air Bags - Front, Front Side, & Head Curtain (AY0)
	6 Air Bags - Front, Front Side, & Head Curtain (AY0)

	Other
	 
	Steering Wheel, Leather Wrapped
	Steering Wheel, Leather Wrapped

	Other
	 
	Trunk Cargo Net
	Trunk Cargo Net

	Other
	 
	Dual Exhaust with Hidden Tips
	Dual Exhaust with Hidden Tips

	Other
	 
	Compact Spare Tire
	Compact Spare Tire

	Other
	 
	Heated Power Mirrors
	Heated Power Mirrors

	
			
	Confidential
	 
	Attachment 1A

	
				
	Other
	 
	Auto-Dimming ISRVM
	Auto-Dimming ISRVM

	Other
	 
	Fog Lamps
	Fog Lamps

	Other
	 
	USB Port for iPod/MP3 Player
	USB Port for iPod/MP3 Player

	Other
	 
	Bluetooth for Phone
	Bluetooth for Phone

	Other
	 
	XM Radio
	XM Radio

	Other
	 
	OnStar
	OnStar

	Other
	 
	 
	 

	Other
	 
	 
	 

	 
	 
	 
	 

	Required Additional Options
	 
	 
	 

	 
	 
	Sunroof (CF5)
	Sunroof (CF5)

	 
	 
	 
	 

	 
	 
	 
	 

	Exterior Colors
	%
	 
	 

	 
	 
	GLJ - Smokey Gray Metallic
	GLJ - Smokey Gray Metallic

	 
	 
	GAN - Quicksilver Metallic
	GAN - Quicksilver Metallic

	 
	 
	GB8 -  Ebony Twilight  Metallic
	GB8 -  Ebony Twilight  Metallic

	 
	 
	GAZ - Summit White
	GAZ - Summit White

	 
	 
	G1W- Abalone White Tri-Coat
	G1W- Abalone White Tri-Coat

	 
	 
	G1E - Crimson Red Tintcoat
	G1E - Crimson Red Tintcoat

	 
	 
	GWT - Champagne Silver  Metallic
	GWT - Champagne Silver  Metallic

	 
	0
	 
	 

	Interior Colors
	 
	 
	 

	 
	 
	AFM - Ebony seats with Ebony interior accents
	AFM - Ebony seats with Ebony interior accents

	 
	 
	AFL - Light Neutral seats with Cocoa interior accents
	AFL - Light Neutral seats with Cocoa interior accents

	 
	 
	AGO - Ebony seats with Saddle interior accents
	 

	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
				
	Buick Enclave
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 

	Model
	 
	Spec A
	Spec B

	Model Code
	 
	4R14526
	4V14526

	Equipment Group
	 
	1SL - FWD
	1SL - AWD

	Volume % of Total
	 
	60%
	40%

	Required Additional Options
	 
	 
	 

	 
	 
	 
	 

	 
	 
	Sunroof - C3U
	Sunroof - C3U

	 
	 
	Wheels, 19" chromed - PJH
	Wheels, 19" chromed - PJH

	 
	 
	 
	 

	Exterior Colors
	%
	 
	 

	 
	 
	17U - Quicksilver Metallic
	17U - Quicksilver Metallic

	 
	 
	GB8 -  Ebony Twilight  Metallic
	GB8 -  Ebony Twilight  Metallic

	 
	 
	G1E - Crimson Red Tintcoat
	G1E - Crimson Red Tintcoat

	 
	 
	G1W- Abalone White Tri-Coat
	G1W- Abalone White Tri-Coat

	 
	 
	GAZ - Summit White
	GAZ - Summit White

	 
	 
	GXG - Iridium Metallic
	GXG - Iridium Metallic

	 
	 
	 
	 

	Interior Colors
	 
	 
	 

	 
	 
	192 - Ebony/Ebony Accents
	 

	 
	 
	832 - Titanium/Dark Titanium Accents
	832 - Titanium

	 
	 
	432 - Choccachino/Cocoa Accents
	432 - Choccachino

	 
	 
	7I2 - Ebony/Plum Accents
	542 - Cocoa

	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
					
	GMC Acadia
	 
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 
	 

	Model
	 
	Spec A
	Spec B
	Spec C

	Model Code
	 
	TR 14526
	TR 14526
	TV 14526

	Equipment Group
	 
	3SB (SLE-2) - FWD
	4SA (SLT-1) - FWD
	4SA (SLT-1) - AWD

	Volume % of Total
	 
	40%
	30%
	30%

	Required Additional Options
	 
	 
	 
	 

	 
	 
	Trailering - V92
	Sunroof - C3U
	Sunroof - C3U

	 
	 
	 
	Trailering - V92
	Trailering - V92

	 
	 
	 
	 
	 

	Exterior Colors
	 
	 
	 
	 

	 
	 
	17U - Quicksilver Metallic
	17U - Quicksilver Metallic
	17U - Quicksilver Metallic

	 
	 
	GAZ - Summit White
	GAZ - Summit White
	GAZ - Summit White

	 
	 
	GB8 -  Ebony Twilight  Metallic
	GB8 -  Ebony Twilight  Metallic
	GB8 -  Ebony Twilight  Metallic

	 
	 
	G1E - Crimson Red Metallic
	G1E - Crimson Red Metallic
	G1E - Crimson Red Metallic

	 
	 
	G1W - Abalone White Tri-Coat
	G1W - Abalone White Tri-Coat
	G1W - Abalone White Tri-Coat

	 
	 
	GXG - Iridium Metallic
	GXG - Iridium Metallic
	GXG - Iridium Metallic

	 
	 
	 
	 
	 

	Interior Colors
	 
	 
	 
	 

	 
	 
	19C - Ebony
	192 - Ebony
	192 - Ebony

	 
	 
	 
	222 - Dark Cashmere
	222 - Dark Cashmere

	 
	 
	83C - Light Titanium
	832 - Light Titanium
	832 - Light Titanium

	 
	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
								
	GMC Terrain
	 
	 
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 
	 
	 

	Model
	 
	Spec A
	Spec B
	Spec C
	Spec D

	Model Code
	 
	TLH26
	TLK26
	TLJ26
	TLM26

	Equipment Group
	 
	3SB (SLE-2) - 2WD
	3SB (SLE-2) - 4WD
	4SB (SLT-2) - 2WD
	4SB (SLT-2) - 4WD

	Equipment Group
	 
	3SB (SLE-2)
	3SB (SLE-2)
	4SB (SLT-2)
	4SB (SLT-2)

	Volume % of Total
	 
	25%
	25%
	25%
	25%

	Standard Equipment
	 
	3SB (SLE-2) - 2WD
	3SB (SLE-2) - 4WD
	4SB (SLT-2) - 2WD
	4SB (SLT-2) - 4WD

	Engine
	 
	Engine 2.4L SIDI
	Engine 2.4L SIDI
	Engine 2.4L SIDI
	Engine 2.4L SIDI

	Transmission
	 
	Transmission, Auto 6 spd
	Transmission, Auto 6 spd
	Transmission, Auto 6 spd
	Transmission, Auto 6 spd

	Air Conditioning
	 
	Auto Single Zone
	Auto Single Zone
	Auto Single Zone
	Auto Single Zone

	Steering
	 
	Power Steering
	Power Steering
	Power Steering
	Power Steering

	Brakes
	 
	Brakes, Pwr 4Whl Disc w/ABS
	Brakes, Pwr 4Whl Disc w/ABS
	Brakes, Pwr 4Whl Disc w/ABS
	Brakes, Pwr 4Whl Disc w/ABS

	Windows
	 
	Power Windows
	Power Windows
	Power Windows
	Power Windows

	Door Locks
	 
	Pwr Locks w/Keyless Ent.
	Pwr Locks w/Keyless Ent.
	Pwr Locks w/Keyless Ent.
	Pwr Locks w/Keyless Ent.

	Cruise Control
	 
	Cruise Control
	Cruise Control
	Cruise Control
	Cruise Control

	Tilt Wheel
	 
	Tilt Steering Wheel, Telescopic
	Tilt Steering Wheel, Telescopic
	Tilt Steering Wheel, Telescopic
	Tilt Steering Wheel, Telescopic

	Seats
	 
	Seat, 5-Pass
	Seat, 5-Pass
	Seat, 5-Pass
	Seat, 5-Pass

	Rear Defogger
	 
	Rear Defogger
	Rear Defogger
	Rear Defogger
	Rear Defogger

	Radio
	 
	Radio, AM/FM w/CD/MP3/USB
	Radio, AM/FM w/CD/MP3/USB
	Radio, AM/FM w/CD/MP3/USB
	Radio, AM/FM w/CD/MP3/USB

	Wheels
	 
	Wheels, 17" aluminum
	Wheels, 17" aluminum
	Wheels, 18" aluminum
	Wheels, 18" aluminum

	Floor Mats
	 
	Floor Mats
	Floor Mats
	Floor Mats
	Floor Mats

	Seat Trim/Style
	 
	Premium Cloth
	Premium Cloth
	Leather
	Leather

	Other
	 
	Power Driver Seat: 8-Way
	Power Driver Seat: 8-Way
	Power Driver Seat: 8-Way
	Power Driver Seat: 8-Way

	Other
	 
	Leather Wrapped w/ Audio
	Leather Wrapped w/ Audio
	Leather Wrapped w/ Audio
	Leather Wrapped w/ Audio

	Other
	 
	Premium Audio - Pioneer 8-Spk
	Premium Audio - Pioneer 8-Spk
	Premium Audio - Pioneer 8-Spk
	Premium Audio - Pioneer 8-Spk

	Other
	 
	---------------
	---------------
	Remote Start
	Remote Start

	Other
	 
	StabiliTrak
	StabiliTrak
	StabiliTrak
	StabiliTrak

	Other
	 
	OnStar w/ Bluetooth
	OnStar w/ Bluetooth
	OnStar w/ Bluetooth
	OnStar w/ Bluetooth

	Other
	 
	XM
	XM
	XM
	XM

	Other
	 
	Manual Liftgate
	Manual Liftgate
	Power Liftgate
	Power Liftgate

	Other
	 
	---------------
	---------------
	Rear Park Assist
	Rear Park Assist

	Other
	 
	---------------
	---------------
	Memory: Drivers Seat & Mirrors
	Memory: Drivers Seat & Mirrors

	Other
	 
	---------------
	---------------
	Sunroof
	Sunroof

	
			
	Confidential
	 
	Attachment 1A

	
								
	Other
	 
	---------------
	 
	Chrome Package
	Chrome Package

	 
	 
	 
	 
	 
	 

	Required Additional Options
	 
	---------------
	---------------
	---------------
	---------------

	 
	 
	 
	 
	(LFX) 3.6L V6 SIDI
	(LFX) 3.6L V6 SIDI

	 
	 
	 
	 
	 
	 

	Exterior Colors
	 
	 
	 
	 
	 

	 
	 
	GAN - Quicksilver Metallic
	GAN - Quicksilver Metallic
	GAN - Quicksilver Metallic
	GAN - Quicksilver Metallic

	 
	 
	GB8 -  Ebony Twilight  Metallic
	GB8 -  Ebony Twilight  Metallic
	GB8 -  Ebony Twilight  Metallic
	GB8 -  Ebony Twilight  Metallic

	 
	 
	G1E - Crimson Red Metallic
	G1E - Crimson Red Metallic
	G1E - Crimson Red Metallic
	G1E - Crimson Red Metallic

	 
	 
	GAZ - Summit White - NEW
	GAZ - Summit White - NEW
	GAZ - Summit White - NEW
	GAZ - Summit White - NEW

	 
	 
	 
	 
	 
	 

	Interior Colors
	 
	 
	 
	 
	 

	AFA/AFC/AFE - Jet Black
	 
	AFC - Jet Black
	AFC - Jet Black
	AFE - Jet Black
	AFE - Jet Black

	AFB/AFD/AFF - Light Titanium
	 
	AFD - Light Titanium
	AFD - Light Titanium
	AFF - Light Titanium
	AFF - Light Titanium

	AFG - Brownstone - (Leather Only)
	 
	 
	 
	AFG - Brownstone - (Leather Only)
	AFG - Brownstone - (Leather Only)

	 
	 
	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
						
	GMC Yukon
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 

	Model
	 
	Spec A
	Spec B

	Model Code
	 
	TC15706
	TK15706

	Equipment Group
	 
	4SA (SLT) - 2WD
	4SA (SLT) - 4WD

	Equipment Group
	 
	4SA (SLT)
	4SA (SLT)

	Volume % of Total
	 
	60%
	40%

	Standard Equipment
	 
	 
	 

	Engine
	 
	Engine Vortec 5.3L V8 Flex - LMG
	Engine Vortec 5.3L V8 Flex - LMG

	Transmission
	 
	Transmission, Automatic
	Transmission, Automatic

	Air Conditioning
	 
	Air Cond. Auto Tri- Zone
	Air Cond. Auto Tri- Zone

	Air Conditioning, Rear
	 
	Air Conditioning, Rear Aux.
	Air Conditioning, Rear Aux.

	Steering
	 
	Power Steering
	Power Steering

	Brakes
	 
	Brakes, Power 4Whl Disc w/ ABS
	Brakes, Power 4Whl Disc w/ ABS

	Windows
	 
	Power Windows
	Power Windows

	Door Locks
	 
	Pwr Locks w/Keyless Ent.
	Pwr Locks w/Keyless Ent.

	Cruise Control
	 
	Cruise Control
	Cruise Control

	Tilt Wheel
	 
	Tilt Steering Wheel
	Tilt Steering Wheel

	Seat
	 
	Seat, 6 Way Power Driver
	Seat, 6 Way Power Driver

	Rear Defogger
	 
	Rear Defogger
	Rear Defogger

	Radio
	 
	Radio AM/FM/6 disc CD UUIJ- single disc w/ USB & req. U42
	Radio AM/FM/6 disc CD UUIJ- single disc w/ USB & req. U42

	Wheels
	 
	Wheels, 18" aluminum - QF8
	Wheels, 17" aluminum - N88

	Floor Mats
	 
	Floor Mats
	Floor Mats

	Seat Trim/Style
	 
	Seat, Leather Bucket
	Seat, Leather Bucket

	Other
	 
	STD 3 Pass 3rd Row Seat - AS3
	STD 3 Pass 3rd Row Seat - AS3

	Other
	 
	StabiliTrak
	StabiliTrak

	Other
	 
	Power Adj Pedals
	Power Adj Pedals

	Other
	 
	Rear Park Assist
	Rear Park Assist

	Other
	 
	XM
	XM

	Other
	 
	OnStar
	OnStar

	Other
	 
	Bluetooth for phone
	Bluetooth for phone

	 
	 
	 
	 

	Required Additional Options
	 
	 
	 

	 
	 
	PCJ - Sun, Entertainment and Destinations Package includes:
	PCJ - Sun, Entertainment and Destinations Package  
includes:

	 
	 
	additional 9 months of SiriusXM Radio and NavTraffic service
	additional 9 months of SiriusXM Radio and NavTraffic service

	
			
	Confidential
	 
	Attachment 1A

	
						
	 
	 
	(CF5) power sunroof
	(CF5) power sunroof

	 
	 
	(IO6) Audio system with navigation
	(IO6) Audio system with navigation

	 
	 
	(U42) rear seat entertainment system
	(U42) rear seat entertainment system

	 
	 
	 
	 

	 
	 
	R6X - OPD Delete
	R6X - OPD Delete

	 
	 
	 
	 

	Exterior Colors
	%
	 
	 

	41U - Onyx Black
	 
	GBA - Black
	GBA - Onyx Black

	89U - Crystal Red Tintcoat
	 
	G1E - LIMITED ADDICTION RED TINT
	G1E - LIMITED ADDICTION RED TINT

	98U - White Diamond Tricoat
	 
	GAZ - Summit White
	GBN - White Diamond Tricoat

	GAN -  Quicksilver Metallic
	 
	GAN -  Silver Ice Metallic
	GAN -  Quicksilver Metallic

	 
	 
	G1C - Pewter Metallic
	G1C - Pewter Metallic

	 
	 
	 
	 

	Interior Colors
	 
	 
	 

	193/196 - Ebony
	 
	H2K - Jet Black
	H2K - Jet Black

	333/336 - Light Tan
	 
	H2Y -  Cocoa/Dune
	H2Y -  Cocoa/Dune

	833/836 - Light Titanium
	 
	 
	 

	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1A

	
				
	GMC Yukon XL
	 
	 
	 

	2016MY Repurchase Rental Minimum Equipment (VN9)
	 

	Model
	 
	Spec A
	Spec B

	Model Code
	 
	TC10906
	TK10906

	Equipment Group
	 
	4SA (SLT) - 2WD
	4SA (SLT) - 4WD

	Volume % of Total
	 
	60%
	40%

	Required Additional Options
	 
	 
	 

	 
	 
	PCJ - Sun, Entertainment and Destinations Package includes:
	PCJ - Sun, Entertainment and Destinations Package includes:

	 
	 
	additional 9 months of SiriusXM Radio and NavTraffic service
	additional 9 months of SiriusXM Radio and NavTraffic service

	 
	 
	(CF5) power sunroof
	(CF5) power sunroof

	 
	 
	(IO6) Audio system with navigation
	(IO6) Audio system with navigation

	 
	 
	(U42) rear seat entertainment system
	(U42) rear seat entertainment system

	 
	 
	R6X - OPD Delete
	R6X - OPD Delete

	 
	 
	 
	 

	Exterior Colors
	%
	 
	 

	 
	 
	GBA - Black
	GBA - Black

	 
	 
	G1E - LIMITED ADDICTION RED TINT
	G1E - LIMITED ADDICTION RED TINT

	 
	 
	GAZ - Summit White
	GAZ - Summit White

	 
	 
	GAN -  Silver Ice Metallic
	GAN -  Silver Ice Metallic

	 
	 
	G1C - Pewter Metallic
	G1C - Pewter Metallic

	 
	0
	 
	 

	Interior Colors
	 
	 
	 

	193/196 - Ebony
	 
	H2K - Jet Black
	H2K - Jet Black

	333/336 - Light Tan
	 
	H2Y -  Cocoa/Dune
	H2Y -  Cocoa/Dune

	833/836 - Light Titanium
	 
	 
	 

	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1B

General Motors Fleet and Commercial
Remarketing 

GENERAL MOTORS CORPORATION
     
     

Design, Build, and Sell the World’s Best Vehicles!

              

1

	
			
	Confidential
	 
	Attachment 1B

	
						
	 
	Table of Contents
	 

	 
	 
	 
	 
	 

	REMARKETING CONTACT INFORMATION
	3
	

	SECTION 1 – GENERAL CONDITION STANDARDS
	3
	

	•  Vehicle Return Requirements
	3
	

	•  Title, Registration, Tax and VIN Plate
	4
	

	•  Vehicle Damage and Disclosure Requirements    
	4
	

	•  Damage Allowance, Existing Damage and Previous Repairs
	5
	

	SECTION 2 – NORMAL WEAR AND TEAR AND CHARGEABLE DAMAGE
	5
	

	   1.  Glossary of Terms
	5
	

	   2.  Sheet Metal and Paint
	6
	

	   3.  Convertible Tops
	7
	

	   4.  Front and Rear Bumpers
	7
	

	   5.  Tires
	8
	

	   6. Wheels
	8
	

	   7.  Interior Soft Trim and Carpets
	10
	

	   8.  Vehicle Glass
	11
	

	SECTION 3 – ORIGINAL AND AFTERMARKET EQUIPMENT AND ACCESSORIES
	11
	

	SECTION 4 – MISSING EQUIPMENT PROGRAM (MET)
	12
	

	SECTION 5 – VEHICLE INTEGRITY
	12
	

	SECTION 6 – LITIGATION LIABILITY
	12
	

	   1.  Forecast
	12
	

	   2.  Delivery
	13
	

	   3.  Inspection at Turn-in
	13
	

	   4.  Vehicle Reports and Reviews
	13
	

	   5.   Acceptance / Stop Depreciation
	13
	

	   6.  Rejects
	14
	

	   7.  Miscellaneous
	14
	

	EXHIBIT A – VEHICLE CATEGORIES / PRIOR REPAIR LIMITS 
	15
	

	EXHIBIT B – APPROVED TURN-BACK LOCATIONS
	16
	

	EXHIBIT C – MET TABLE
	20
	

2

	
			
	Confidential
	 
	Attachment 1B

General Motors Corporation
Fleet and Commercial Operations

Remarketing Contact Information

	
				
	Contact
	Office Number
	Cell Number
	e-Mail Address

	John A. Pruse
Manager, GM Remarketing
	313 665-1438
	313 378-5335
	john.pruse@gm.com

	Sandy Grinsell,
Remarketing Account Mgr., 
All Rental Accounts
	313 667-6437
	313-348-1973
	sandy.grinsell@gm.com

	Thomas Martin
Remarketing Account Mgr., 
Online Sales, Remarketing System Tables and Rental Return Guidelines
	313 667-6434
	313 378-1230
	thomas.martin@gm.com

	Audre’ Walls
Remarketing Account Mgr.,  
Turn-back Locations & Inspections
	313 667-6444
	313 378-4366
	audre.walls@gm.com

SECTION 1 - GENERAL CONDITION STANDARDS
		
	1)
	Vehicle Return Requirements

		
	a)
	Vehicles must be maintained as described in the Vehicle Owner’s Manual.  All body and mechanical repairs must utilize original equipment General Motors parts.  Failure to comply may result in permanent rejection of the vehicle.

		
	i)
	The repair/replacement of an engine or transmission that is due to non-compliance of vehicle maintenance will render the vehicle “Permanently Ineligible”.

		
	b)
	Each vehicle shall be in sound mechanical and electrical operating condition.  All lights and lamps must be operational.  Any visible warning lights, i.e., check engine, change oil, SIR, TPS, etc., on the instrument panel must be corrected prior to turn-in or the vehicle will be “Currently Ineligible”.

		
	c)
	A vehicle must comply with all aspects of the applicable program parameters or it is not eligible for return.

		
	d)
	Vehicle(s) must be returned washed and vacuumed.  General Motors’ expectation of a vehicle’s condition, when returned by the rental company, is that it will be in the same condition as it is when provided to a rental customer.

		
	i)
	A dirty interior MET charge of $35 will be assessed when the interior of the vehicle is littered with trash.  Excessive or offensive trash in the vehicle, such as cups, bottles, newspapers, food, bags, roadmaps, etc., that would hinder interior inspection would generate the dirty interior MET charge.

		
	ii)
	Vehicles with an exterior that is too dirty to inspect will be gate released to the rental account for washing.  When the vehicle is returned and inspected, a $75 re-inspection fee will be charged unless special arrangements have been made.

		
	e)
	Vehicles must have a minimum of 1⁄4 tank of fuel with the exception of Hawaii vehicles, which cannot exceed 1⁄4 tank of fuel.  Vehicles with less than 1⁄4 tank of fuel but more than 1/8 will be assessed a MET charge of $15.  Vehicles below 1/8 tank of fuel will be deemed “Currently Ineligible” and released to the rental account for low fuel.  When the vehicle is returned, a $75 re-inspection fee will be charged.

		
	f)
	Emissions labels must be in place and legible on all vehicles returned to General Motors.  Vehicles without an emission label are considered “Currently Ineligible” and will be gate released to the rental account.  A $75 re-inspection fee will be charged when the vehicle is corrected and returned.

3

	
			
	Confidential
	 
	Attachment 1B

		
	g)
	Vehicles must have two (2) sets of keys, programmed keyless remotes, owner manuals, floor mats, and all other remotes and headphones, included as original equipment.

		
	h)
	Vehicles must display actual mileage.  General Motors approved procedures must be followed when repairing or replacing instrument clusters/odometers.  Consult a General Motors dealer for proper replacement.

		
	i)
	All warranty and campaign claims should be completed prior to returning the vehicle to General Motors.  Failure to complete warranty and/or campaign claims may render the vehicle “Currently Ineligible”.  Parts availability concerns for warranty and campaign repairs will be addressed on a case by case basis.  A $75 re-inspection fee will be charged when the vehicle is returned.  Repair of existing body damage is not required for vehicles released for warranty, mechanical or campaign repairs.

		
	j)
	Any vehicle equipped with supplemental inflatable restraints (S.I.R.) including driver, passenger or side airbags that have been deployed, missing or otherwise disconnected, must be replaced with an approved OEM replacement and must meet General Motors standards prior to turn-in.

		
	2)
	Title, Registration, Tax, and VIN Plate

		
	a)
	A vehicle submitted with a Certificate of Origin (C.O.V.) or a branded title is not eligible for return.

		
	b)
	All vehicles must have a valid and current registration, at the time of acceptance.  State and local taxes must be paid prior to turn-back.  The Daily Rental Company must comply with state regulations pertaining to proof of payment for state and local taxes.

		
	c)
	Titles for all turn-in vehicles must be received by a General Motors approved Title Center within three (3) business days of vehicle turn-in. The vehicle turn-in date is considered the first day. Currently, the only General Motors approved title center is the SGS Title Center.  

	
	
	SGS Title Center
9805-L Northcross Center Court
Huntersville, NC 28078
Phone:  704 997-1082
FAX:     704 997-1090

		
	d)
	All title shipments to the title center must contain a packing list and include the following information:

Company Name and Address
Contact Name and Phone Number
             E-mail Address and Fax Number
                                       Full VIN for each title in the package
When sending more than ten titles, e-mail an Excel spreadsheet listing the VIN number of each title enclosed to: Christina.Campbell@SGS.com.  From that list, the title center will “pre-receive” the titles electronically, verify the titles upon actual receipt, provide documented confirmation, and advise of any discrepancies.
		
	e)
	The Daily Rental Company must remove each vehicle at an auction or turn-in site, if the title for such vehicle is not received within 30 days of the turn-in date.  The vehicle will be “Currently Ineligible” and will be assessed a re-inspection fee, if it is returned.

		
	f)
	The plate containing the Vehicle Identification Number (VIN):

		
	i)
	Must be completely readable and properly attached to the dash panel.  Any obstruction causing a portion of the plate to be covered is not acceptable.

		
	ii)
	Cannot be damaged in any manner and must be flush and secure with rivets intact.

		
	iii)
	Must meet these criteria otherwise the vehicle will be “Permanently Ineligible” and returned to the rental account.

		
	3)
	Vehicle Damage and Disclosure Requirements

		
	a)
	The General Motors Disclosure Policy mandates that all prior damage and repairs are electronically disclosed prior to turn back, excluding warranty repairs performed by the Daily Rental Company or a General Motors dealer.

		
	i)
	Completion of the electronic disclosure requires a User ID and password to access the Remarketing Inventory Management System (RIMS).  Contact the Remarketing Account 

4

	
			
	Confidential
	 
	Attachment 1B

Manager assigned to your account shown on page three.  The User ID, password, web address and instructions will be sent via e-mail within 24 hours of request.
		
	ii)
	The electronic disclosure box must be checked (Yes or No) confirming or denying previous damage.  Failure to disclose previous damage at turn-in will be grounds for rejecting the vehicle.

		
	iii)
	Collision damage must be disclosed and supported by repair orders.  Repair orders must accurately reflect all work performed and include all associated repair costs.  The inspection provider, on General Motors behalf, will request a repair order when:

Previous repaired damage noted during the inspection does not agree with the disclosure
The dollar amount disclosed appears too high or low based on the visual inspection.  There is no arbitrary rule or guideline, such as any damage over $XXX amount or damage to X number of body panels, used as a basis for requesting a repair order.
The disclosed damage areas and the disclosed repair amount appear significantly out of line.
Upon request, repair orders must be received by the inspection provider within two business days of the request to maintain the original turn-in date.  Repair orders that are not received by the inspection provider within seven business days will cause the vehicle to be “Currently Ineligible” and gate released from the yard until the repair order is available.  A $75 re-inspection fee will be charged, if the vehicle is returned and the repair order provided.

		
	4)
	Damage Allowance, Existing Damage and Previous Repairs

		
	a)
	General Motors will absorb the cost of repairs on vehicles returned with $450 or less existing damage.

		
	i)
	General Motors will charge the Daily Rental Company for current damage in excess of the $450 damage allowance plus a service fee.

		
	ii)
	Missing equipment will not be included as part of the chargeable damage allowance, but will be charged per the Missing Equipment Program (refer to Section 4 for MET).

		
	iii)
	The service fee will be applied as follows:

	
		
	Amount in Excess of $450
	Service Fee

	$0 to $99.99
	Equal to amount over $450

	$100 to $1,099.99
	$100

	$1,100 to $1,549.99
	$200

		
	b)
	Vehicles with existing damage exceeding $2,000 are “Currently Ineligible” for return.

		
	c)
	Prior repairs cannot exceed $2,500 for Category 1 vehicles, $3,000 for Category 2 vehicles, $3,500 for Category 3 vehicles, and $4,500 for Category 4 vehicles.  These amounts exclude costs related to vehicle glass, tires, wheels, wheel covers, SIR system components, “Loss of Use”, sales tax and towing charges.  Vehicles exceeding these maximums are not eligible for turn-in.  See Exhibit A – Vehicle Categories/Prior Repair Limits.

		
	d)
	Vehicles with “Poor Prior Repairs” of $700 or less will be accepted.  The estimated poor prior repair cost will be charged to the Daily Rental Company under the MET program.  Vehicles with poor prior repairs exceeding $700 will be considered “Currently Ineligible” and released to the Daily Rental Company.

		
	e)
	Vehicles identified as “Currently Ineligible” due to mechanical, warranty/campaign, unacceptable glass, or un-matched tires, etc., will be gate released for repairs to these conditions only, and can be returned for acceptance consideration.

		
	f)
	When returned, if the vehicle has had partial repairs on any chargeable damage identified when it was originally inspected, including poor prior repairs, the entire vehicle must be repaired to no more than $100 in chargeable damage.  A $75 re-inspection fee will apply.

SECTION 2 - NORMAL WEAR AND TEAR AND CHARGEABLE DAMAGE
Listed below is the nomenclature commonly used to describe types of damage on inspection reports.
Glossary of Terms “General Description”
		
	a)
	Abrasion – A lightly scratched or worn area of the finish either paint, clear coat, or chrome that does not penetrate to the base material of the part or panel.

		
	b)
	Chip – Confined area where paint has been removed from the surface usually not larger than 1/4 inch for purposes of these return guidelines.

		
	c)
	Dent – a depression of any size in the panel material whether metal, composite, or other, with or without paint damage.

5

	
			
	Confidential
	 
	Attachment 1B

		
	d)
	Ding – A small dent, an inch or less in diameter, with or without paint damage.

		
	e)
	Gouge – An area where the damage has penetrated the finish and removed a portion of the base material of the part or panel.

		
	f)
	Scratch – A cut in the surface of any material that may or may not penetrate the finish.

		
	g)
	Scuff – A worn or rough spot that is deep enough to disturb the base material of the part or panel but does not remove any base material.

Sheet Metal and Paint
The following are acceptable return conditions and applicable charges.
		
	a)
	Maximum of two dents per panel that are individually no larger than one inch in diameter, does not break the paint, and qualifies for Paintless Dent Removal (PDR) are non-chargeable.

		
	b)
	Scratches in the clear coat that do not penetrate the color coat and do not catch a finger nail are non-chargeable.

		
	c)
	Chips to door, hood or deck lid edges that do not reach flat panel surfaces are non-chargeable.

		
	d)
	An appearance fee and PDR may be used on the same panel.

		
	e)
	One dent that qualifies for PDR that contains one chip inside the dent would be charged $50 for the PDR and a $20 appearance fee for the chip, totaling $70.  The chip must be no larger than one-quarter (1/4) inch in diameter and cannot exhibit any spider cracks around the chip.

		
	f)
	Chipped and scratched panels:

		
	i)
	All panels except hoods:

		
	(1)
	One to three chips individually no larger than one-quarter (1/4) inch in diameter are non-chargeable.

		
	(2)
	Four to six chips per panel will be charged a $20 appearance fee.

		
	(3)
	Over six chips per panel will require a minimum of a panel refinish.

		
	ii)
	Hood panels:

		
	(1)
	The chart below shows acceptable return conditions and applicable charges for hood damage.  Scratches that individually do not exceed 1⁄4 inch in length may be used in any combination with chips but not to exceed the quantities shown in the chart.

	
			
	HOOD – LEADING EDGE, FIRST 5”
	HOOD – ALL BUT LEADING EDGE
	CHARGES

	Maximum of 6 chips / scratches
	Maximum of 3 chips / scratches
	Non-chargeable

	Maximum of 10 chips / scratches
	Maximum of 6 chips / scratches
	$40 Appearance fee

	Greater than 10 chips / scratches
	Greater than 6 chips / scratches
	Hood panel refinish

		
	g)
	Vehicles with damage confined to either the upper or lower half of a panel may qualify for a partial panel repair.

		
	i)
	A partial panel repair can only be considered when there is a clean break between the upper and lower portion of the panel.

		
	ii)
	A clean break is defined as a body side molding, cladding, etc., that runs from one end of the panel to the other with no gaps at either end.

		
	iii)
	Body lines are not a clean break and partial panel repair does not apply.

		
	h)
	The floor of a pick-up truck box is considered one panel.  Two dents in the truck box no larger than one inch that do not break the paint are non-chargeable.  One dent to the wheelhouse no larger than one inch that does not break the paint is non-chargeable.  PDR cannot be used on the floor or wheelhouse of a pick-up truck.

		
	i)
	Paintless Dent Repair - General Motors’ inspection providers will utilize the Dent Wizard Paintless Dent Removal Guide to determine panel accessibility by vehicle.  Below are PDR conditions, limitations, and applicable charges:

		
	i)
	Conditions

		
	(1)
	Rounded dents up to four inches in diameter

		
	(2)
	Minor creases, shallow palm prints and protrusions are allowed

		
	(3)
	Dents across body feature lines are allowed

		
	(4)
	PDR may be used to repair existing qualifying damage to a previously repaired panel that meets GM and industry repair standards

		
	ii)
	Limitations

		
	(1)
	No PDR on poor previous repairs.

		
	(2)
	No PDR utilizing hole drilling.

		
	(3)
	No PDR where the paint is broken unless chip/PDR applies.

6

	
			
	Confidential
	 
	Attachment 1B

		
	(4)
	No PDR to sharp creases or creases over six inches.

		
	iii)
	Applicable Charges

		
	(1)
	Up to seven dings per panel will be charged $50 per panel.

		
	(2)
	Eight to 12 dings per panel will be charged $75 per panel.

		
	(3)
	Thirteen to 15 dings per panel will be charged $100 per panel.

		
	(4)
	One single dent up to six inches in diameter or one large shallow dent up to 18 inches in the hood, roof or deck lid will be charged $100.

Hail Damage Guideline

Acceptable Units:
		
	1)
	Vehicles with less than $2,000 in repaired or unrepaired hail damage *.

		
	2)
	Hail damage must be repaired using PDR as defined by the Dent Wizard PDR Guide.

Ineligible Vehicles:
		
	3)
	Vehicles with over $2,000 in repaired or unrepaired hail damage

		
	4)
	Vehicles showing evidence of Paintless Dent Repair that used hole-drilling techniques

* Vehicles with repaired or unrepaired hail damage of less than $2,000 must provide a repair order or estimate detailing the damage and repair cost.  The only approved PDR providers for these repair orders / estimates are either Dent Wizard or Dent Demon.  If Dent Wizard or Dent Demon are not available contact your General Motors Remarketing Representative for approval of the selected PDR provider. 

Convertible Tops
The following are acceptable return conditions with regard to convertible tops:
		
	a)
	Stains that can be removed by normal reconditioning

		
	b)
	Abrasions that are not visually offensive

		
	c)
	Top structure must be operational and not damaged

Front and Rear Bumpers
		
	a)
	Bumpers will be inspected from a standing position.  The chart below shows acceptable return conditions and applicable charges for painted and textured bumpers.  Scratches that individually do not exceed 1⁄4 inch in length may be used in any combination with chips but not to exceed the quantities shown in the chart.

	
		
	FRONT OR REAR BUMPER FASCIA
	CHARGES

	Maximum of two dents, no larger than one inch that do not break the paint
	Non-chargeable

	Maximum of two scratches per bumper no longer than 2” and no wider than 1⁄4” or one scratch no longer than 4” and no wider than 1⁄4”
	Non-chargeable

	Minor indentations in the rear bumper cover directly below the trunk opening, with minimal paint damage
	Non-chargeable

	BUMPER COVERS WITH NO OTHER DAMAGE

	Maximum of 6 chips / scratches
	Non-chargeable

	7 – 15 chips / scratches
	$20 Appearance fee

	Greater than 15 chips / scratches
	Minimum partial bumper repair

		
	b)
	Partial bumper repairs to painted or textured surfaces are charged based upon the following criteria:

A partial bumper repair can be performed on a rolling third or 33% of the bumper.  The damage can be anywhere on the bumper as long as it is confined to an area equal to a continuous third of the bumper’s length.
Partial bumper repairs cannot be used for vehicles utilizing paints commonly referred to as pearl or tri-color due to color matching concerns.
The $20 appearance fee may be used on bumpers in conjunction with a partial bumper repair if the damage is located on different areas of the bumper.  For example, when there is damage to the center of the bumper and a minor chip on the left end of the bumper, the partial bumper repair charge and appearance fee would apply eliminating the need for a full refinish.
A cracked or punctured bumper fascia will be charged a minimum partial bumper repair fee of $125 for painted bumpers and $175 for textured bumpers using the criteria below:

7

	
			
	Confidential
	 
	Attachment 1B

		
	(1)
	Crack must be less than four inches in total.  Puncture must not exceed the diameter of a U.S. quarter.

		
	(2)
	A maximum of two dents, individually not exceeding two inches in diameter and confined to 1/3 of the bumper area.

		
	v)
	Bumpers that are both painted and textured or two toned will be treated as separate bumpers and charged for each panel using the guidelines above.

		
	c)
	Mis-aligned front and/or rear bumper fascia from low impact collision is acceptable for $50 per bumper re-attachment fee.  This charge covers the cost of re-attaching fasteners, aligning the bumper, and applies when no other damage is present.  This charge cannot be used for poor previous bumper repair.

		
	d)
	Damage on the underside of the bumper observed during the undercarriage inspection, other than breakage, will not be chargeable.  Cracked or broken bumpers, regardless of location will remain a chargeable repair or replacement.

		
	e)
	License plate screw holes in the front bumper cover used to attach the license plate to the bumper, without the proper bracket, will be charged a minimum $125 partial bumper repair.

		
	f)
	Metal Bumpers - Painted or Chrome:

i)  A maximum of two scratches or chips per bumper that are no longer than two inches and no wider than 1⁄4 inch or one scratch no longer than four inches and no wider than 1⁄4 inch that penetrates the color coat but would not require filler, are acceptable at no charge.
ii)      A maximum of two dents that are individually no larger than one inch in diameter and do not damage the paint or chrome will be charged $100.
iii)  Damage exceeding the above criteria or bumpers with chrome plating missing will result in a bumper replacement charge.

Tires
The following are acceptable conditions regarding all tires including full size spare tires which must meet the same inspection criteria as a road tire:
		
	a)
	All tires must have 4/32 inch or better original tread across all primary tread grooves without any exposed belts.  All tires must match by size, brand, tire line and load and speed rating.

		
	b)
	Only GM approved replacement tires are acceptable.  GM Approved 2015 Replacement Tire Table is sent as a separate document.  If the replacement tire cannot be located, a replacement from an approved manufacturer may be used, however, all tires must match by size, brand, tire line and load and speed rating.

		
	c)
	Tires with mushroom-type plugs, installed from the inside out, in the tread only, are acceptable.  All other plugs and/or patches are unacceptable.

		
	d)
	The space saver spare tire used on most General Motors’ vehicles does not utilize the same criteria as the road tires.  The space saver spare must be in the vehicle, inflated, and undamaged.  The minimum 4/32 inch tread depth requirement does not apply.

		
	e)
	General Motors reserves the right to charge the Daily Rental Company via the MET Tire Program for an unacceptable repaired tire, with no right to review.  Any flat, un-matched or incorrect tires will not be considered for the MET Tire Program.

Wheels
The following are acceptable conditions for aluminum/alloy wheels, stamped and steel wheels with appropriate charges:
a)  Non-chargeable conditions
i) The face of the wheel may have light scratches or scuffs to the surface not penetrating                       through to the base material.
ii) Light scratches or scuffs within one inch of the outside edge of the wheel are acceptable provided they do not, in total, exceed one-third of the circumference of the wheel and can be removed with light sanding.  
b)  Chargeable conditions
i) Scratches, scuffs or gouges that remove material or distort the surface of the wheel may be repaired for $100.
c)  Wheel Replacement
i) Damage to the base material that exceeds conditions identified above and are not repairable will be charged for a replacement using the Mitchell Manual.
ii) Bent, cracked, or dented wheels are not repairable and must be charged for a replacement.

8

	
			
	Confidential
	 
	Attachment 1B

d)  Chrome Clad Wheels
i) A flat rate MET charge of $75 per wheel for chrome clad wheels that exhibit damage in excess of the non-chargeable conditions defined in the guidelines, where the damage is up to 50% on the wheel surface/ outer rim.
If the existing damage area is greater than 50% of the wheel surface /outer rim, the wheel replacement cost will be charged. This includes bent, cracked or dented wheels, deemed non-repairable as is the current guideline.

	
		
	
	 

	 

	Minor scuffing non-chargeable

	 

	 

	 

	 

	 

	 

	
			
	 	
	Non-chargeable wheel damage is defined as light scratches or scuffing that does not go through the paint or clear coat to the base material and may be removed with light sanding.  This minor damage may cover up to 1/3 of the wheels circumference.

	 
	 
	 
	 
	 
	 
	 

	
		
	 	A $100 wheel repair will be charged for similar damage as shown in the two photos below.  This form of damage is commonly referred to as “curb rash”. This amount will be charged against the $450 deductible.

	 
	 
	 
	 
	 
	 
	 

9

	
			
	Confidential
	 
	Attachment 1B

              
	
			
	 	
	              

	 
	 
	 
	 
	 
	 
	 
	 
	 

          

	
	
	Missing material similar to or greater than this photo will require a wheel replacement charge priced from the current Mitchell Manual.

            

	
		
	 	 

	 	Bent, cracked or dented wheels are not repairable and must be charged for a replacement from the current Mitchell Manual.

	 

10

	
			
	Confidential
	 
	Attachment 1B

	
	
	Alloy Wheel Repair Specialists (AWRS) is the only current General Motors approved wheel repair service.  They can be contacted at 800-518-3040.

7)  Interior Soft Trim and Carpets
a)  All stains which can be removed by normal reconditioning are non-chargeable.
b)  Maximum of one burn that is less than 1⁄4 inch in diameter and does not penetrate the backing material is non-chargeable.
c)  Interior Soft Trim:
i) Leather or vinyl - tears or cuts less than two inches $100; two to four inches $125.
ii) Plain cloth, no pattern - tears or cuts less than two inches $70; two to four inches $90.
iii) The above repairs cannot be utilized if the damage crosses a seam in the material.
iv) Damage exceeding the above criteria will require a trim part replacement.
a)  Carpets:
i) Carpet stains that require bleaching and dying will be charged $65 per section, i.e., right front, left front, etc.
ii) Carpet tear or puncture less than 3⁄4 inch in diameter $50.
iii) Carpet tear or puncture 3⁄4 inch to two inches in diameter $125.
iv) Damage exceeding the above criteria will require carpet replacement.
v) Carpet retainers and sill plates must be in place.  Minor surface scuffs and scratches are acceptable.

8) Vehicle Glass
a) Side, Rear, and Stationary Glass
i) Minor pinpoint chips or vertical scratches in the side door glass is acceptable and will be noted as non-chargeable.
ii) Minor pinpoint chips to any stationary or rear glass is acceptable and will be noted as non-chargeable.
iii) Any damage in excess of the above will render the vehicle “Currently Ineligible” and the vehicle will be gate-released to the rental account for correction.
iv) Side, rear, or stationery glass is not eligible for replacement under the MET Program.
b)  Windshields
i) Pinpoint chips are non-chargeable providing the glass is not sandblasted.  Sandblasted glass is defined as a series of pinpoint chips in a concentrated area.
ii) Four chips, without legs, from 1/8 inch to 3/16 inch are non-chargeable providing no more than two chips reside in the driver’s side wiper area.
iii) Chips without legs 1/8 inch or less located within one inch inbound from the frit band (windshield outer perimeter darkened area) are non-chargeable.
iv) General Motors will not accept glass that has been repaired.  Only OEM glass is acceptable (See table below for GM Windshield Glass Manufacturers).
v) Damaged windshields may be replaced under the MET program.

GM WINDSHIELD GLASS MANUFACTURERS
	
						
	Manufacturers
	Brand
	Brand
	Brand
	Brand
	Brand

	AGC
	AP Tech
	AP Technoglass
	Asahi of America
	Asahi
	AP

	Carlex
	 
	 
	 
	 
	 

	Pilkington
	LOF
	United LN
	 
	 
	 

	PPG
	PGW
	 
	 
	 
	 

	Guardian
	 
	 
	 
	 
	 

	Fuyao
	 
	 
	 
	 
	 

	Vitro
	Crinamex
	Autotemplex
	Vitroflex
	 
	 

	Saint Gobian Sekurit
	Sekurit
	 
	 
	 
	 

SECTION 3 - ORIGINAL EQUIPMENT, AFTERMARKET EQUIPMENT AND ACCESSORIES

11

	
			
	Confidential
	 
	Attachment 1B

		
	1)
	All original equipment and accessories noted on the factory invoice must be on the vehicle.  All missing parts (such as body side moldings, wheel covers, trunk mat, spare tire, rear van seats, jack and wheel wrench) are to be replaced prior to return with original GM equipment.  All OEM options and accessories must be installed on the vehicle prior to being placed in daily rental service.

		
	2)
	Any after-market parts or accessories such as navigational systems, pick-up truck bed liners, running boards, etc., installed by the rental account or their agent must have GM Remarketing approval prior to installation.  Drilling, electrical modifications, etc., without prior approval will render the vehicle “Permanently Ineligible”.  Pick-up truck bed liners, running boards, etc., must be left on the vehicle at turn back.

SECTION 4 - MISSING EQUIPMENT PROGRAM (MET)
		
	1)
	The Missing Equipment Program (MET) is designed to expedite turn-in by allowing the Daily Rental Company to pay for select missing parts or accessories as determined by GM Remarketing (refer to Exhibit C), as opposed to replacing the parts or accessories.  Missing MET items will be deducted from the repurchase payment to the Daily Rental Company.  Missing MET items will not be included as part of the $450 chargeable damage allowance (Refer to General Condition Standards – Section 4).

		
	2)
	A MET charge will be assessed for vehicles turned in with one or more missing floor mats, on vehicles so equipped.  The Rental Account will be charged for a front or rear set of floor mats if one is missing.  Floor mats are required per the Minimum Equipment Requirements.

		
	3)
	Keyless remotes, key fobs, and combo keys must be operational.  A $30 re-programming fee will be charged for key fobs that do not operate the vehicle.  The re-programming fee is included in the MET charge for missing key fobs and combo keys.

SECTION 5 - VEHICLE INTEGRITY
		
	1)
	Damage which compromises the integrity of the vehicle, repaired or not, will be grounds for permanently rejecting the vehicle.  Any undercarriage damage resulting from improper tie-down of the vehicle will result in permanent rejection.  Minor damage that has not been repaired (i.e., small dents, scrapes, or scratches) which does not compromise the structural integrity of the vehicle is acceptable on the following components:

		
	a)
	Floor Panel and Trunk Floor

		
	b)
	Mid-rail Assembly – no bulging or deformity of side rails; enlarged (not torn) stamped holes and surface scratches less than 12 inches are acceptable

		
	c)
	Outer Rocker Panels and Pinch Welds

		
	d)
	Frame Rails and Rail Extensions

		
	e)
	Sub-Frame Assemblies (Engine Cradles

		
	f)
	Torque Box Cover – non-collision related

		
	2)
	Total time for frame set-up and measure of 2.0 hours or less and 1.5 hours or less for any cosmetic repair is acceptable on the following components, provided there is no structural damage and the repairs meet GM standards:

		
	a)
	Frame rail and rail extensions

		
	b)
	Apron and upper reinforcements

		
	c)
	Cowl panel

		
	d)
	Hinge and Windshield “A” pillar

		
	e)
	Center “B” pillar

		
	3)
	Pulling or sectioning frame rails, door frames, and pillars are not acceptable.  Repairs that utilize body filler or Bondo will, in most cases, cause the vehicle to be permanently rejected.

		
	4)
	Repaired damage or replacement of the following components is acceptable:

		
	a)
	Radiator core support

		
	b)
	Frame rail extensions

		
	c)
	Engine sub-frame (replacements only)

		
	d)
	Outer rocker panel

		
	e)
	Rear body panel

		
	f)
	Quarter panel (proper sectioning is acceptable)

		
	g)
	Roof (repair only, no repair to roof rails)

		
	5)
	Vehicles with misaligned doors are considered “Currently Ineligible” due to the difficulty in determining the cause of the misalignment.

SECTION 6 - LITIGATION LIABILITY

12

	
			
	Confidential
	 
	Attachment 1B

		
	1)
	At General Motors’ discretion, the Daily Rental Company may be named in any litigation brought against General Motors as a result of the rental company’s failure to disclose damages or use of non-GM OEM parts.  If a Daily Rental Company attempts to return vehicles with non-disclosed damage or purposely conceals prior repairs, it will result in loss of turn-back privileges.

SECTION 7 - GENERAL TURN-IN PROCEDURES
		
	1)
	Forecast

		
	a)
	Daily Rental Company must notify GM in writing at least 30 days prior to vehicle turn-in, of the turn-in location and the return volumes.

		
	b)
	 Daily Rental Company must provide the turn-in location with a two week forecast of daily return volumes every week.

		
	c)
	GM on occasion may limit daily return volumes based upon yard capacities.

		
	d)
	Forecast should be sent via e-mail to the respective General Motors account representative.   Contact information including E-mail addresses can be found on page three.  Failure to provide forecast, may result in delayed acceptance of vehicles.

		
	2)
	Delivery

		
	a)
	Vehicles returned for repurchase shall be delivered to a General Motors approved turn-in location and parked in the designated return area at no expense to General Motors.  A list of GM approved locations is attached and is subject to change at General Motors’ discretion (Exhibit B).  Normal operating hours for delivery is 8 am to 5 pm, Monday through Friday.  The Daily Rental Company should allow sufficient time to prepare the vehicle for turn-in including:

		
	i)
	Inspect and prep vehicle according to GM Return Guidelines, i.e., clean, vacuum, repair or replace items, as needed

		
	ii)
	Miscellaneous M.E.T. items should be visible on the front seat

		
	iii)
	Mark vehicle as a rental repurchase unit

		
	iv)
	Provide electronic damage/repair disclosure

		
	v)
	Submit a clear title to an approved Title Center (prior to returning vehicle recommended)

		
	vi)
	Transport vehicle to nearest GM approved turn-back location

		
	vii)
	Upon arrival at turn-back location, obtain directions to the inspection area

		
	viii)
	Park vehicle and leave unlocked

		
	3)
	Inspection at Turn-In

		
	a)
	Vehicles will be inspected by an authorized representative of GM, using an electronic Condition Report.  The initial vehicle inspection will be provided to the Daily Rental Company at General Motor’s expense.

		
	b)
	The Daily Rental Company will be charged $75 for each inspection or verification required after the initial inspection.  The $75 re-inspection fee will be charged when a vehicle has been previously inspected and removed by the Daily Rental Company prior to acceptance, or when the Daily Rental Company replaces MET items.

		
	c)
	Hawaii vehicles will be charged $115 for each inspection required after the initial inspection.

		
	4)
	Vehicle Reports and Reviews

		
	a)
	Vehicle Condition Reports, Missing Title Reports, Met/non-Met Reports, and Gate-Release reports are available daily through the General Motors Vehicle Inspection Website (VIW).  Rental Accounts can access this data using an assigned I.D. and password that can be obtained by contacting the GM Rental Support Representative.  

		
	b)
	Rental Accounts are provided a Met/Non-Met report by the inspection provider detailing vehicles that have been inspected and are available for review.  The report is printed twice daily, mid-day and closing.  The report printed at the end of the day will contain information on only those vehicles completed after the mid-day report was printed.

		
	c)
	Vehicle worksheets are printed and available to the rental accounts throughout the day.

		
	d)
	Reviews are conducted throughout the day.  Reviews must be completed prior to 3:00 pm the day following printing of the worksheet.  If the review is not completed prior to 3:00 pm, the vehicle will be processed as shown on the original inspection.

		
	e)
	Vehicles with current damage under $450 and MET charges under $100 will be processed as written, with no right to review.  Programming of key fobs is not included in the $100 total and is not a reviewable MET charge. 

13

	
			
	Confidential
	 
	Attachment 1B

		
	5)
	Acceptance / Stop Depreciation

		
	a)
	Depreciation stops and the vehicle will be accepted once it has passed inspection, a lien-free title has been provided, and all program requirements have been satisfied.

		
	b)
	A copy of the condition report or an electronic file will serve as the acceptance receipt for the Daily Rental Company.  The date used to stop depreciation will be identified on the acceptance line of the condition report or the electronic file.

		
	6)
	Rejects

		
	a)
	Rejected or ineligible vehicles must be removed from return locations within three business days of notification.  Failure to remove these vehicles may delay the processing of any additional returns until the rejects have been resolved.

		
	b)
	Vehicles that are classified as permanent rejects by the inspection provider will be assessed a $75 service charge.  General Motors Remarketing will provide a quarterly invoice which will include the VIN, turn back location, and turn-in date.  Payment is expected within 14 days.

		
	c)
	It is General Motors’ practice to ship vehicles once they pass the inspection process, with or without acceptance.  On rare occasions, the title arrives late and the vehicle exceeds the maximum allowable in-service time.  When this occurs, these vehicles will be rejected and all charges incurred by the auction, including shipping cost, will be charged to the Daily Rental Account and must be paid prior to release of the vehicle.

		
	d)
	If disqualifying damage is noted after vehicle acceptance, General Motors will invoice the Daily Rental Company for the vehicle purchase price, an administrative fee of $250, plus any additional costs incurred following vehicle acceptance (i.e., freight, cleanup, repairs), by a debit to current funds, or if no funds are available, a check forwarded to:

General Motors Corporation
Fleet and Commercial Operations – Remarketing
Renaissance Center
Tower 100, 19th Floor
MC 482-A19-B36
Detroit, MI 48265-1000
		
	f)
	Vehicles removed from the program are the responsibility of the Daily Rental Company.  The Daily Rental Company must arrange vehicle pick-up at the location designated by General Motors.

		
	7)
	Miscellaneous 

		
	a)
	Rental Account request for return of vehicle:

		
	i)
	Prior to acceptance

		
	(1)
	Vehicle will be temporarily rejected by General Motors and the vehicle will be returned to the rental account.  If the vehicle is returned at a later date, a $75 re-inspection fee will be charged.

		
	i)
	After acceptance

		
	(1)
	Payment can be stopped – The vehicle will be released to the rental account from its current location.  A $250 administrative fee will be charged to the rental account in addition to any expenses incurred by GM including inspection cost, shipping, marshaling yard fee, and auction expenses.

		
	(2)
	Payment cannot be stopped or funds have already been disbursed – The vehicle will not be returned to the rental account.

		
	b)
	Mechanical and body shop labor rates used to calculate chargeable damage are shown below and are subject to change:

		
	i)
	$40.00 Paint and Metal Repair

		
	ii)
	$40.00 Part Replacement or Mechanical

		
	c)
	Auction and Marshaling Yard Property

		
	i)
	Any abuse of personnel or property at a GM approved return facility by a Daily Rental Company representative will result in the immediate expulsion of said person from the property.

		
	d)
	Holidays and Closures

		
	i)
	All General Motors approved turn-in locations will be closed on the following dates:

		
	(1)
	January 1

14

	
			
	Confidential
	 
	Attachment 1B

		
	(2)
	May 25

		
	(3)
	July 3

		
	(4)
	September 7

		
	(5)
	November 26

		
	(6)
	November 27

		
	(7)
	December 24 – January 1, 2016

		
	ii)
	The last day for rental returns is December 21, 2015.   Vehicle reviews must be completed by December 23, 2015.

iii)   General Motors reserves the right to amend this list of dates at its discretion.

15

	
			
	Confidential
	 
	Attachment 1B

		
	iv)
	

GENERAL MOTORS
VEHICLE CATEGORIES / PRIOR REPAIR LIMITS

	
				
	CATEGORY #1
	CATEGORY #2
	CATEGORY #3
	CATEGORY #4

	$2,500
	$3,000
	$3,500
	$4,500

	 
	 
	 
	 

	CHEVROLET
	CHEVROLET
	CHEVROLET
	CHEVROLET

	Cruze
	Equinox
	Impala
	Corvette

	Sonic
	Malibu
	Camaro
	Suburban

	Spark
	Captiva
	Express
	Tahoe

	 
	 
	Colorado
	 

	 
	GMC
	Silverado
	 

	 
	Terrain
	Traverse
	 

	 
	 
	 
	 

	 
	BUICK
	BUICK
	CADILLAC

	 
	Encore
	LaCrosse
	(All Models)

	 
	Verano
	Regal
	 

	 
	 
	Enclave
	GMC

	 
	 
	 
	Yukon / XL

	 
	 
	 
	 

	 
	 
	GMC
	 

	 
	 
	Savana
	 

	 
	 
	Canyon
	 

	 
	 
	Sierra
	 

	 
	 
	Acadia
	 

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	 
	 

16

	
			
	Confidential
	 
	Attachment 1B

GENERAL MOTORS
APPROVED TURN-BACK LOCATIONS
	
		
	ALABAMA
ADESA Birmingham AA
804 Sollie Dr., Moody, AL 35004-0817 

	     

(205) 640-7761

	ARIZONA
ADESA Phoenix AA
6740 W. GERMANN, CHANDLER, AZ 85226    
  
	

(520) 796-1428

	

CALIFORNIA
Richmond Distribution Center
980 Hensley Rd. Richmond, CA 94804

San Bernardino Distribution Center
1500 W. Rialto Ave, San Bernardino, CA 92410

	     (510) 232-9883

(909) 889-7616

	

COLORADO
Union Pacific Railroad
9900 Brighton Rd. North, Henderson, CO 80640

	(303) 286-0345

	

CONNECTICUT
Southern AA
164 South Main St., East Windsor, CT 06088-0388

	(860) 292-7550

	FLORIDA
Orlando Distribution Center
1600 Pine Avenue, Orlando, FL 32824

Palm Center Distribution Center
15400 Corporate Road South, Jupiter, FL 33478

	

(407) 438-5505

(561) 799-7177

	

GEORGIA
ADESA Atlanta AA
5055 Oakley Industrial Blvd., Fairburn, GA 30265

	(770) 357-2133

	

HAWAII
Honolulu Distribution Center
Pier 51 B Sand Island Road, Honolulu, HI 96819

Maui Distribution Center
Pier 1 - 105 Ala Luna Street, Kahului, HI 96732

	

 

(808) 848-8146

(808) 848-8146

	

IDAHO
Brasher’s Idaho AA
7355 Eisenman Rd., Boise, ID 83716

	(208) 395-3111

17

	
			
	Confidential
	 
	Attachment 1B

	
		
	

ILLINOIS
Manheim Arena AA
550 South Bolingbrook Dr., Bolingbrook, IL 60440

ABC St. Louis AA
721 South 45th Street, Centreville, IL 62207

	

(630) 679-2111

(636) 332-1227 X227

	INDIANA
ADESA Indianapolis AA
2950 East Main Street, Indianapolis, IN 46168

	 (317) 838-5777

	LOUISIANA
ADESA Shreveport AA
7666 Highway 80 W., Shreveport, LA 71109,

IAA Baton Rouge AA
15315 Highway 190, Covington, LA 70754

	(318) 938-7903 x425

(985) 867-3699

	MARYLAND
Baltimore/Jessup
8459 Dorsey Run Road, Jessup, MD 20794

	(301) 604-7316

	MASSACHUSETTS
ADESA Boston AA/Framingham
63 Western Avenue, Framingham, MA 01701

	(508) 620-2959

	MICHIGAN
Manheim Detroit AA,
600 Will Carleton Road, Carleton, MI 48117

	(313) 333-3989

	MINNESOTA
ADESA Minneapolis AA
17600 Territorial Road, Maple Grove, MN 55369

	(763) 420-2143

	

MISSOURI
ADESA Kansas City
1551 ADESA Drive, Belton, MO 64081

FOR ST. LOUIS PLEASE SEE ILLINOIS

	(816) 318-9912

	NEBRASKA
Manheim Omaha Marshalling Yard
9201 S, 144th St., Omaha, NE 68138

	(402) 490-1679

18

	
			
	Confidential
	 
	Attachment 1B

	
		
	

NEVADA
Brasher’s Reno AA
6000 Echo Ave., Reno, NV 89506

Union Pacific Railroad
4740 East Tropical Parkway, Las Vegas, NV 89115

	(775) 828-3427

(702) 632-2863

	NEW JERSEY
Port Newark Distribution Center
Lot B Craneway Street, Port Newark, NJ 07114

	(973) 274-1737

	NEW MEXICO
BNSF Railway
102 Woodward, Suite B, Albuquerque, NM 87102

	(505) 247-2087

	NEW YORK
State Line AA
830 Talmadge Hill Road, Waverly, NY 14892

	(607) 565-3533

	NORTH CAROLINA
Greensboro AA, Inc.,
3802 West Wendover Avenue, Greensboro, NC 27407

	(336) 856-2440

	NORTH DAKOTA
ADESA Fargo
1650 East Main Ave., West Fargo, ND 58078

	(701) 282-8203 x139

	OHIO
Columbus Fair AA
2170 New World Dr., Columbus, OH 43207

	 (614) 497-1710

	OKLAHOMA
Dealers AA of Oklahoma City
2900 West Reno Ave., Oklahoma City, OK  37107

	(405) 290-7192

	OREGON
Union Pacific Railroad
9003 North Columbia, Portland, OR 97203-1045

	(503) 283-1465

19

	
			
	Confidential
	 
	Attachment 1B

	
		
	PENNSYLVANIA
Pittsburgh Independent AA
378 Hunker Waltz Mill Road, New Stanton, PA 15672

MANHEIM PENNSYLVANIA
1190 Lancaster Road, Manheim, PA, 17545

	

(724) 910-1842

(810) 252-2247)

	SOUTH CAROLINA
Charleston AA
651 Precast Lane, Moncks, SC 29641

	(843) 761-0541 X139

	TENNESSEE
ADESA Memphis AA
5400 Getwell Rd. at Holmes Rd., Memphis, TN 38118

ADESA Nashville AA
631 Burnett Road, Nashville, TN 37138

	(901) 365-8978

(615) 240-3023

	

TEXAS
ADESA San Antonio AA
200 S. Callaghan Road, San Antonio, TX 78227

ADESA Houston
4526 North Sam Houston Parkway, West, Houston, TX 77086

ADESA Dallas AA
3501 Lancaster-Hutchins Rd., Hutchins, TX 75141

	(210) 434-4999

(281) 885-5243

(972) 284-4778

	UTAH
Brasher’s Salt Lake AA
780 South 5600 West, Salt Lake City, UT 84104-5300

	(801) 366-3836

	

WASHINGTON
Tacoma Distribution Center
2810 Marshall Ave. Suite “B”, Tacoma, WA 98421

	

(253) 719-1761

20

	
			
	Confidential
	 
	Attachment 1B

	
		
	WISCONSIN
Greater Milwaukee AA
8801 W. Brown Deer Road, Milwaukee, WI 53224

	(414) 355-5515

21

	
			
	Confidential
	 
	Attachment 1B

	
			
	MET DESCRIPTION
	MET PRICE
	COMMENTS

	 
	 
	 

	ANTENNA MAST
	8
	ROOF OR FENDER

	CARGO NET - TRUNK
	17
	 

	CARGO SHADE
	108
	 

	CHARGING CABLE - VOLT
	420
	 

	COMBINATION KEY / FOB
	73
	 

	CONVERTIBLE BOOT - CAMARO
	413
	 

	CONVERTIBLE BOOT BAG
	55
	 

	CUP HOLDER
	15
	 

	CUP HOLDER-MULTIPLE
	30
	 

	DIRTY INTERIOR
	35
	 

	DOME LAMP COVERS-MULTIPLE
	10
	 

	DOME LIGHT COVER
	5
	 

	DVD REMOTE CONTROL
	48
	 

	DVD WIRELESS HEADPHONE 1 SET
	125
	 

	DVD WIRELESS HEADPHONE 2 SETS
	250
	 

	ELECTRONIC ENGINE KEY
	35
	 

	EMERGENCY HIGHWAY PKG
	144
	 

	FLOOR MAT - CARGO - SUV - VAN
	50
	 

	FLOOR MAT - FRONT - VAN
	22
	 

	FLOOR MATS - FRONT - CAR
	34
	 

	FLOOR MATS - FRONT - SUV
	40
	 

	FLOOR MATS - REAR - CAR
	24
	 

	FLOOR MATS - REAR - SUV
	45
	 

	FLOOR MATS - REAR - VAN
	30
	 

	FOOT PEDAL PAD
	5
	 

	FOOT PEDAL PAD-MULTIPLE
	10
	 

	GM LOGO SMALL ALL
	8
	 

	HANGER HOOK
	5
	 

	HAWAII - SHIP BACK SURCHARGE
	450
	 

	HAWAII OUTER ISLAND SHIPPING
	75
	 

	KEYLESS REMOTE (1) INCLUDES PR
	97
	 

	KEYLESS REMOTE (2) INCLUDES PR
	187
	 

	KEYLESS REMOTE PROGRAM 1 OR 2
	30
	INCLUDES COMBO KEY

	MET VERIFICATION #1
	75
	 

	MET VERIFICATION #2
	75
	 

	MISC. MET #4
	40
	 

	MISC. MET #5
	50
	 

	MISCELLANEOUS M.E.T. # 1
	10
	 

	MISCELLANEOUS M.E.T. # 2
	20
	 

	MISCELLANEOUS M.E.T. # 3
	30
	 

	MLDG DR RVL 1 CAR
	60
	 

	MLDG DR RVL 2 CAR
	60
	 

	MLDG ROCKER 1 CAR
	120
	 

	MLDG ROCKER 1 TRK
	131
	 

	MLDG ROCKER 2 CAR
	120
	 

	MLDG ROCKER 2 TRK
	131
	 

	MLDG ROOF SEAM L CAR
	31
	 

22

	
			
	Confidential
	 
	Attachment 1B

	
			
	MET DESCRIPTION
	MET PRICE
	COMMENTS

	MLDG ROOF SEAM R CAR
	31
	 

	MLDG SIDE F DR  CAR
	78
	 

	MLDG SIDE F DR TRK
	59
	 

	MLDG SIDE FDR  TRK
	23
	 

	MLDG SIDE RR DR CAR
	67
	 

	MLDG SIDE RR DR TRK
	54
	 

	NAME PLATE RR TRK
	29
	 

	NAVIGATION CD/DVD
	260
	 

	NAVIGATION COMPACT FLASH CARD
	199
	 

	ON SITE REPAIR (05/15/00)
	75
	 

	ORGANIZER PACKAGE - CARGO
	120
	 

	OWNER'S MANUAL ALL
	25
	FOR ALL MANUALS

	PLASTIC LUG NUT COVER
	13
	 

	REPAIR VERIFICATION #1
	75
	 

	REPAIR VERIFICATION #2
	75
	 

	RF ALLOY WHEEL APPEARANCE FEE
	50
	 

	RR ALLOY WHEEL APPEARANCE FEE
	50
	 

	SPARE TIRE COVER - CAR - TRUNK
	45
	 

	TIRE 14" ALL - #1
	120
	 

	TIRE 14" ALL - #2
	120
	 

	TIRE 14" ALL - #3
	120
	 

	TIRE 14" ALL - #4
	120
	 

	TIRE 15" ALL - #1
	130
	 

	TIRE 15" ALL - #2
	130
	 

	TIRE 15" ALL - #3
	130
	 

	TIRE 15" ALL - #4
	130
	 

	TIRE 16" ALL EXCEPT CAR - #1
	210
	 

	TIRE 16" ALL EXCEPT CAR - #2
	210
	 

	TIRE 16" ALL EXCEPT CAR - #3
	210
	 

	TIRE 16" ALL EXCEPT CAR - #4
	210
	 

	TIRE 16" CAR - #1
	160
	 

	TIRE 16" CAR.- #2
	160
	 

	TIRE 16" CAR.- #3
	160
	 

	TIRE 16" CAR.- #4
	160
	 

	TIRE 16" LEFT INSIDE DUAL - TRK
	210
	 

	TIRE 16" RIGHT INSIDE DUAL - TRK
	210
	 

	TIRE 17" ALL  #1
	240
	 

	TIRE 17" ALL  #2
	240
	 

	TIRE 17" ALL  #3
	240
	 

	TIRE 17" ALL  #4
	240
	 

	TIRE 17" LEFT INSIDE DUAL - TRK
	240
	 

	TIRE 17" RIGHT INSIDE DUAL - TRK
	240
	 

	TIRE 18" ALL  #1
	250
	 

	TIRE 18" ALL  #2
	250
	 

	TIRE 18" ALL  #3
	250
	 

	TIRE 18" ALL  #4
	250
	 

	TIRE 19" ALL NON-PERFORMANCE #1
	159
	 

	TIRE 19" ALL NON-PERFORMANCE #2
	159
	 

	TIRE 19" ALL NON-PERFORMANCE #3
	159
	 

	TIRE 19" ALL NON-PERFORMANCE #4
	159
	 

	TIRE 19" PERFORMANCE #1
	516
	 

23

	
			
	Confidential
	 
	Attachment 1B

	
			
	MET DESCRIPTION
	MET PRICE
	COMMENTS

	TIRE 19" PERFORMANCE #2
	516
	 

	TIRE 19" PERFORMANCE #3
	516
	 

	TIRE 19" PERFORMANCE #4
	516
	 

	TIRE 20" ALL NON-PERFORMANCE #1
	310
	 

	TIRE 20" ALL NON-PERFORMANCE #2
	310
	 

	TIRE 20" ALL NON-PERFORMANCE #3
	310
	 

	TIRE 20" ALL NON-PERFORMANCE #4
	310
	 

	TIRE 20" PERFORMANCE #1
	473
	 

	TIRE 20" PERFORMANCE #2
	473
	 

	TIRE 20" PERFORMANCE #3
	473
	 

	TIRE 20" PERFORMANCE #4
	473
	 

	TIRE 21" PERFORMANCE #1
	545
	 

	TIRE 21" PERFORMANCE #2
	545
	 

	TIRE 21" PERFORMANCE #3
	545
	 

	TIRE 21" PERFORMANCE #4
	545
	 

	TIRE 22" #1
	268
	 

	TIRE 22" #2
	268
	 

	TIRE 22" #3
	268
	 

	TIRE 22" #4
	268
	 

	TIRE INFLATION COMPRESSOR
	119
	 

	TIRE SEALANT CANISTER
	31
	 

	WHEEL, CHROME CLAD DAMAGE
	75
	NEW

	WHEEL COVER 1 CAR
	55
	 

	WHEEL COVER 1 TRUCK
	39
	 

	WHEEL COVER 2 CAR
	55
	 

	WHEEL COVER 2 TRUCK
	39
	 

	WHEEL COVER 3 CAR
	55
	 

	WHEEL COVER 3 TRUCK
	39
	 

	WHEEL COVER 4 CAR
	55
	 

	WHEEL COVER 4 TRUCK
	39
	 

	WHEEL CTR CAP 1 CAR
	26
	 

	WHEEL CTR CAP 1 TRK
	21
	 

	WHEEL CTR CAP 2 CAR
	26
	 

	WHEEL CTR CAP 2 TRK
	21
	 

	WHEEL CTR CAP 3 CAR
	26
	 

	WHEEL CTR CAP 3 TRK
	21
	 

	WHEEL CTR CAP 4 CAR
	26
	 

	WHEEL CTR CAP 4 TRK
	21
	 

	WINDSHIELD GLASS
	240
	REVISED

24

	
			
	Confidential
	 
	Attachment 1C

	
											
	

	VN9 Tier Program for the 2016 Model Year
GUIDELINES, RATES AND PARAMETERS

	 

	 
	Tier 1
	Tier 2
	Tier 3
	Tier 4
	 
	 
	 
	ADDITIONAL PARAMETERS

	 
	Cruze
	Camaro
	Cascada
	Acadia
	 
	 
	 
	REQUIRED OPTIONS:

	 
	Malibu
	Camaro Cnvrt
	Corvette
	ATS
	 
	 
	 
	VN9 + CUSTOMER CODE

	 
	Regal
	Canyon
	CTS
	Enclave
	 
	 
	 
	 
	 

	 
	Sonic
	Captiva
	CT6
	Escalade
	 
	 
	 
	 
	 

	 
	Spark
	City Express
	Envision
	SRX
	 
	 
	 
	 
	 

	 
	Verano
	Colorado
	LaCrosse
	Suburban
	 
	 
	 
	 
	 

	 
	 
	Encore
	 
	Tahoe
	 
	 
	 
	REQUIRED HOLD PERIOD:

	 
	 
	Equinox
	 
	Traverse
	 
	 
	 
	MINIMUM HOLD:
	0 MONTHS (0 DAYS)

	 
	 
	Express
	 
	XTS
	 
	 
	 
	MAXIMUM HOLD:
	24 MONTHS (730 DAYS)

	 
	 
	Impala
	 
	Yukon
	 
	 
	 
	All 2015 MY VN9 units must be accepted before 7/31/2017

	 
	 
	Impala Limited
	 
	Yukon XL
	 
	 
	 
	 

	 
	 
	SS Sedan
	 
	 
	 
	 
	 
	 
	 

	 
	 
	Savana
	 
	 
	 
	 
	 
	 
	 

	 
	 
	Sierra
	 
	 
	 
	 
	 
	DAMAGE ALLOWANCE:

	 
	 
	Silverado
	 
	 
	 
	 
	 
	$450 DEDUCTIBLE

	 
	 
	Terrain
	 
	 
	 
	 
	 
	Refer to 2014 CY Turn-In Standards and

	 
	 
	Trax
	 
	 
	 
	 
	 
	 
	 

	Month Of
	Purchase Percentages
	 
	Excess
	 
	Procedures (Attachment 1B) for more information

	Vehicle
	Tier 1
	Tier 2
	Tier 3
	Tier 4
	Free
	Mileage
	Damage
	 
	 

	Acceptance:
	%
	%
	%
	%
	Miles
	Penalty
	Allowance
	 
	 

	 
	 
	 
	 
	 
	 
	 
	 
	MILEAGE ALLOWANCE:

	July 2015
	87.5
	87.5
	88.5
	91.5
	20,000
	$0.25
	$450
	Refer to chart for free miles and penalties

	Aug
	87.5
	87.5
	88.5
	91.5
	20,000
	$0.25
	$450
	No Maximum Mileage Limitations

	Sep
	87.5
	87.5
	88.5
	91.5
	20,000
	$0.25
	$450
	Effective date of mileage change is the first day of the month

	Oct
	87.5
	87.5
	88.5
	91.5
	22,500
	$0.25
	$450
	 
	 

	Nov
	86.5
	87.5
	87.5
	90.5
	22,500
	$0.25
	$450
	 
	 

	Dec
	85.5
	87.5
	87.5
	90.5
	22,500
	$0.25
	$450
	IN SERVICE DATE = EXPIRATION IN TRANSIT (as shown on invoice) + 5 DAYS

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1C

	
											
	Jan 2016
	85.0
	87.0
	87.5
	90.5
	25,000
	$0.25
	$450
	 
	 

	Feb
	84.5
	86.5
	87.5
	90.0
	25,000
	$0.25
	$450
	DEPRECIATION CALCULATIONS:

	Mar
	84.0
	86.0
	87.5
	89.5
	25,000
	$0.25
	$450
	1. Capitalized cost shall be calculated at dealer cost of base vehicle and optional equipment, plus freight, less Hawaii excise tax and tire weight tax, if applicable.
2.  Depreciation from the capitalized cost will be based on specific purchase percentages of dealer invoice, scaled by vehicle assignment into one of four tier groups. The return purchase amount shall be calculated as a percent of the capitalized cost including freight.
3.  The return purchase percentage varies daily and is determined by the day the vehicle is returned and accepted by General Motors in accordance with GM 2014 CY Turn-In Standards and Procedures (Attachment 1B).
4.  The daily purchase rate equals the change in the monthly rate divided by the number of calendar days for that month.
5.  Out-of-service date shall be the date the vehicle is returned to an approved GM turn-in site provided the rental company meets all program parameters and completes the sign-off procedures.

	Apr
	83.5
	85.5
	87.0
	89.0
	27,500
	$0.25
	$450

	May
	82.5
	84.5
	86.5
	88.5
	27,500
	$0.25
	$450

	June
	82.0
	84.0
	86.0
	88.0
	29,250
	$0.25
	$450

	 
	 
	 
	 
	 
	 
	 
	 

	July
	81.0
	83.0
	85.0
	87.5
	29,250
	$0.30
	$450

	Aug
	80.0
	81.0
	84.0
	86.5
	29,250
	$0.30
	$450

	Sep
	79.0
	80.0
	83.0
	84.0
	29,250
	$0.30
	$450

	Oct
	77.0
	77.0
	81.0
	83.0
	29,250
	$0.30
	$450

	Nov
	76.0
	77.0
	78.0
	82.0
	29,250
	$0.30
	$450

	Dec
	75.0
	77.0
	77.0
	81.0
	29,250
	$0.30
	$450

	 
	 
	 
	 
	 
	 
	 
	 

	Jan 2017
	74.0
	76.0
	76.0
	80.0
	31,000
	$0.30
	$450

	Feb
	73.0
	75.0
	76.0
	80.0
	31,000
	$0.30
	$450

	Mar
	72.0
	74.0
	75.0
	79.0
	31,000
	$0.30
	$450

	Apr
	71.0
	73.0
	74.0
	78.0
	33,000
	$0.30
	$450

	May
	70.0
	72.0
	73.0
	77.0
	33,000
	$0.30
	$450

	June
	69.0
	71.0
	72.0
	76.0
	33,000
	$0.30
	$450

	 
	 
	 
	 
	 
	 
	 
	 

	July
	67.0
	69.0
	70.0
	74.0
	35,000
	$0.40
	$450

	Aug
	66.0
	68.0
	69.0
	73.0
	35,000
	$0.40
	$450

	Sep
	65.0
	67.0
	68.0
	72.0
	35,000
	$0.40
	$450

	Oct
	65.0
	67.0
	67.0
	71.0
	37,500
	$0.40
	$450

	Nov
	63.0
	66.0
	67.0
	70.0
	37,500
	$0.40
	$450

	Dec
	63.0
	65.0
	67.0
	70.0
	37,500
	$0.40
	$450

	 
	 
	 
	 
	 
	 
	 
	 

	Jan 2018
	63.0
	65.0
	66.0
	69.0
	40,000
	$0.40
	$450

	Feb
	61.0
	64.0
	65.0
	68.0
	40,000
	$0.40
	$450

	Mar
	59.0
	62.0
	64.0
	65.0
	40,000
	$0.40
	$450

	Apr
	57.0
	61.0
	63.0
	64.0
	42,500
	$0.40
	$450

	May
	55.0
	58.0
	60.0
	63.0
	42,500
	$0.40
	$450

	June
	53.0
	55.0
	57.0
	60.0
	42,500
	$0.40
	$450

	July
	49.0
	51.0
	55.0
	57.0
	42,500
	$0.40
	$450

	
			
	Confidential
	 
	Attachment 1D

	
											
	

	YT1 Short Term Program for the 2016 Model Year
GUIDELINES, RATES AND PARAMETERS 

	 
	Vehicle Segment
	Volume
	Depreciation
	Depreciation
	 
	 
	 
	 
	 
	ADDITIONAL PARAMETERS

	 
	 
	 
	$/Month
	$/Month
	[*REDACTED*]
	[*REDACTED*]
	[*REDACTED*]
	[*REDACTED*]
	[*REDACTED*]
	[*REDACTED*]

	 
	Brand
	 
	1st Cycle
	2nd Cycle
	 
	$/Unit
	$/Unit
	$/Unit
	$/Unit
	[*REDACTED*]

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	BUICK
	[*REDACTED*]

	

[*REDACTED*]

	CADILLAC

	CHEVY CAR

	CHEVY TRUCK
	[*REDACTED*]

	

[*REDACTED*]

	GMC

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	Total
	[*REDACTED*] 
	[*REDACTED*]
	[*REDACTED*]
	[*REDACTED*]
	[*REDACTED*]
	[*REDACTED*]
	[*REDACTED*]
	[*REDACTED*]

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1R

	
	
	 

GM
2016 MY DAILY RENTAL [*REDACTED*] PROGRAM

		
	1.
	PROGRAM NAME AND NUMBER:

2016 Model Year Daily Rental [*REDACTED*] Program for Daily Rental Fleet Customers (hereinafter “DRFC” or “DRFCs”)
    
		
	 2.
	PROGRAM DESCRIPTION/RULES:

Vehicles eligible for the [*REDACTED*] program must be in rental service for a minimum of [*REDACTED*].   Eligible GM models are detailed in Attachment 3.  It is the DRFC’s responsibility to maintain on file verification of the In-Service period for each vehicle.  GM reserves the right to audit the DRFC to ensure compliance with this requirement.  Excluded from the in-service period requirement would be [*REDACTED*].

All vehicle submissions must be [*REDACTED*] – (CA [*REDACTED*] File Format.) Once processed, these vehicles will be [*REDACTED*]. Any vehicle accepted for [*REDACTED*] that is subsequently returned to a GM Turn-In location will be subject to a [*REDACTED*] re-inspection fee. [*REDACTED*] submissions will be accepted through May 31, 2018.

DRFCs may post [*REDACTED*]. However, such vehicles may be included in the [*REDACTED*] program subject to the other terms and conditions of this Program.

[*REDACTED*] No exceptions will be made, including but not limited to reasons of frame, fire or flood damage.

Vehicles previously turned-in and accepted by a GM-Sponsored Auction location [*REDACTED*].

Vehicles selected for [*REDACTED*] by the DRFC, which are not deemed [*REDACTED*] must have been used exclusively in the daily rental business and must comply with the terms and conditions set forth in GM's Daily Rental Purchase Program (Attachment 1) for the 2016 Model Year.

		
	3.
	OTHER PROGRAM GUIDELINES:

DRFC agrees to retain any documents or records relevant to Vehicles purchased under this program [*REDACTED*] under this program for two years after the close of this program.  DRFC agrees to permit any designated representative of GM to examine, audit and take copies of any documents and records the DRFC is required to maintain under this program. The DRFC agrees to make such documents and records readily available at its facilities during regular business hours. GM agrees to furnish the DRFC with a list of any reproduced records.

GM reserves the right to cancel, amend, revise or revoke any program at any time based on its sole business judgment, except for [*REDACTED*]. Final decisions in all matters relative to the interpretation of any rule or phase of this activity rest solely with GM.

GM Global Headquarters at the Renaissance Center ~ Detroit, MI 48265-1000
15 MY Rental Agreement, Attachment 1R

	
			
	 
	 
	 

	
			
	 
	 
	 

	
			
	Confidential
	 
	Attachment 1T

GM
ATTACHMENT 1T - TRUEUP REGISTER SCHEDULE

	
			
	Month/YR
	Payment Register Transmission Date
	Bank Account Settlement Date

	JAN 15
	Tue 1/6/15
	Mon 1/12/15

	FEB 15
	Tue 2/3/15
	Tue 2/10/15

	MAR 15
	Tue 3/3/15
	Tue 3/10/15

	APR 15
	Fri 4/3/15
	Thu 4/9/15

	MAY 15
	Tue 5/5/15
	Mon 5/11/15

	JUN 15
	Tue 6/2/15
	Tue 6/9/15

	JUL 15
	Fri 7/3/15
	Thu 7/9/15

	AUG 15
	Tue 8/4/15
	Tue 8/11/15

	SEP 15
	Thu 9/3/15
	Thu 9/10/15

	OCT 15
	Mon 10/5/15
	Fri 10/9/15

	NOV 15
	Tue 11/3/15
	Tue 11/10/15

	DEC 15
	Thu 12/3/15
	Wed 12/9/15

GM Global Headquarters at the Renaissance Center ~ Detroit, MI 48265-1000
15 MY Rental Agreement, Attachment 1T

	
			
	Confidential
	 
	Attachment 2

GM
2016 MY RISK VX7 - NATIONAL FLEET RISK PURCHASE PROGRAM

		
	 1.
	PROGRAM NAME AND NUMBER:

2016 Model Year National Fleet Risk Purchase Program for Daily Rental Fleet Customers
Program Code:  VX7

		
	 2.
	PROGRAM DESCRIPTION:

This program makes available to GM’s dealers and qualified Daily Rental Fleet Customers (hereinafter “DRFC” or “DRFCs”) allowances on select 2016 Model Year GM vehicles sold and delivered by authorized GM dealers to qualified DRFCs.

The following are not eligible for this program:
-    Preferred Equipment Group (P.E.G.)/Option package discounts
-     Recreational vehicles 
-     Vehicles delivered from dealer inventory    

A qualified DRFC must have a GM Fleet Account Number (GM FAN) to be eligible for any GM fleet incentive(s).

    
		
	 3.
	PROGRAM START DATE/PROGRAM END DATE/IN SERVICE PERIOD:

Program Start Date:      Opening of 2016 Model Year ordering system
Program End Date:      When dealers are notified that 2016 Model Year fleet orders are no longer     being accepted by GM
In-service Period:    Minimum seven (7) months.  However, if a vehicle has been damaged     beyond repair, due to fire, frame damage, theft, embezzled or     water damage, and documentation is available to support the condition, this     requirement will be waived.

IMPORTANT - Acceptance of an order on any vehicle line does not constitute a commitment to build or to build within a specific time frame.

All vehicles, including non-returned vehicles, supplied by GM are subject to the export control laws and regulations of the United States and the DRFCs and dealers will comply with such laws and regulations.  

		
	4.
	ELIGIBLE MODELS/REQUIRED OPTIONS FOR ORDER AND DELIVERY:

Eligible Models: 
All new and unused 2016 GM models with the required minimum factory installed equipment levels specified and the processing options ordered for qualified DRFCs for use as daily rental vehicles which are sold and delivered by authorized GM dealers are eligible for the VX7 program.  Eligible vehicles are required to comply with minimum factory installed equipment levels specified in the Minimum Equipment Guidelines (Attachment 2A - “MEG”). 

GM up-fitted vehicles, with the exception of recreational vehicles, are eligible as long as:
		
	a.
	The vehicle was purchased directly from GM or from another dealer in the United States

		
	b.
	Title to the vehicle was retained by the franchised dealer through the point of sale

		
	c.
	Delivery to the ultimate fleet customer can be proven

Required Options for Order and Delivery:
Vehicles purchased under the 2016 Model Year National Fleet Risk Purchase Program must be ordered with VX7 and the appropriate DRFC code as stated in the agreement and will not be eligible for retail sale incentives.  VX7 program incentive amounts are not available to dealers and are available only to DRFCs with an active GM contract.  Vehicles ordered with option VX7 receive order date price protection (PRP).

All Orders must include the following:
		
	a.
	Valid GM FAN (Fleet Account Number)

		
	b.
	Option Codes: VX7 and DRFC code

		
	c.
	Order Type:  FDR 

		
	d.
	Delivery Type: 020 – Daily Rental (vehicle will be auto delivered if using a qualified FAN)

Dealer orders currently on hand or in the system that qualify for this program, and have the appropriate processing options, can be amended if they have not been released to production.   This is the ordering dealer's responsibility.
    
Vehicles delivered to DRFC’s drop ship sites must have the DRFC’s code on the window label and the delivery receipt(s) must be checked to verify proper ownership of the vehicle.  GM Customer Support should be contacted immediately regarding vehicles delivered to the wrong drop ship site to determine the appropriate course of action.  Vehicles that were incorrectly delivered must 

1

GM Global Headquarters at the Renaissance Center ~ Detroit, MI 48265-1000 

	
			
	Confidential
	 
	Attachment 2

not be placed into rental service.  GM reserves the right to deny incentives on vehicles in rental service that have been incorrectly delivered and accepted, or titled.  
                
		
	 5.
	COMPATIBLE INCENTIVES & ALLOWANCE PROGRAMS:

Vehicles delivered to DRFCs in accordance with the delivery requirements set forth above may be eligible for the following other incentive programs.  Because not all the programs listed below may be combined with each other, consult the guidelines of each program to determine its applicability.  Programs not listed below would not be compatible unless the specific program guidelines indicate otherwise.

FLEET CUSTOMERS (GM FAN HOLDERS)                                                                     YES/NO

GENERAL
	
		
	GENERAL
	 

	GM MOBILITY
	(MOB/MOC/R8L) N

	SALESPERSON / SALES MGR. INCENTIVES
	N

	CASH DIRECT MAILS/PRIVATE OFFERS/GENERAL
	 

	COUPONS/CERTIFICATES/NON-CASH VENDOR PROGRAMS
	N

	GM BUSINESS CARD
	(UDB) N

	CONSUMER CASH
	N

	DEALER CASH
	N

	BONUS CASH
	N

	OPTION PACKAGE DISCOUNTS
	N

	 
	 

	PRICING
	 

	PRICE PROTECTION/BONA FIDE SOLD ORDER
	(PPT W/VX7) N

	PRICE PROTECTION/ORDER DATE
	 (PRP) Y

	 
	 

	ORDER/DELIVERY
	 

	FLEET ORDERING & ASSISTANCE
	(VQ1/VQ2/VQ3) Y

	INTRANSIT INTEREST CREDIT
	(C4C) Y

	 
	 

	RENTAL
	 

	REPURCHASE 
	(VN9) N

	FLAT-RATE REPURCHASE
	(YT1 THROUGH YT9) N

	RISK 
	(VX7) Y

	GM DEALER RENT-A-CAR   
	(FKR/FKL) N

	 
	 

	GOVERNMENT
	 

	PSA/PURA/BID ASSISTANCE/CE 
	 (R6D/PBP/PBS) N

	 
	 

	FLEET/COMMERCIAL
	 

	NATIONAL FLEET PURCHASE PROGRAM
	(FVX/FPP) N

	RETAIL ALTERNATIVE
	(CNC/CNE/CSE/CSR/CWE) N

	SMALL FLEET APR ALTERNATIVE
	(XMC) N

	GM'S BUSINESS CUSTOMERS CHOICE
	N

	TRUCK STOCKING
	(TSI) N

	MOTOR HOME INCENTIVE
	(R7Y) N

	SCHOOL BUS/SHUTTLE BUS/AMBULANCE INCENTIVE
	(R6H) N   

	RECREATIONAL VEHICLE INCENTIVE 
	(R6J) N

	DEMO - LIGHT DUTY DEALER
	(DEM/DEE) N

2

GM Global Headquarters at the Renaissance Center ~ Detroit, MI 48265-1000 

	
			
	Confidential
	 
	Attachment 2

  
 
     
	
		
	DEMO - LIGHT DUTY SVM
	(DES) N

	SIERRA FLEET PEG
	(R7F/FLS) N

	FLEET PREFERRED EQUIPMENT GROUPS
	N

	COMPETITIVE ASSISTANCE PROGRAMS
	(CAP) N

		
	6.
	GENERAL PROGRAM GUIDELINES:

B.GM defines a rental vehicle as:

		
	a.
	"The bona fide rental of a vehicle involving use and payment by a customer on an hourly, daily, weekly, or monthly basis.  Usage of any such vehicle(s) by a customer for a period of four (4) consecutive months or longer shall be deemed to constitute leasing, and not rental, and will make the vehicle ineligible for purchase or other incentives."  

		
	b.
	If a vehicle enrolled in the Daily Rental Purchase Program is found to be on-rent (lease) to a customer in excess of the above guideline, or if the customer consecutively rents multiple enrolled vehicles for an aggregate term of four (4) or more months, all vehicles involved in such transactions will not be considered rental vehicles and will be ineligible for purchase or incentives.  GM may audit the DRFC to ensure compliance with this guideline.

		
	C.
	All eligible vehicles must be delivered to the DRFC through a GM dealership or a qualified drop-ship location.  Purchases or deliveries made through any other entity or any other location(s) are ineligible for incentive payment(s).

		
	D.
	GM reserves the right to audit dealer records and disqualify any sales allowance in the event such sales do not meet the program requirements.  All monies improperly paid will be charged back. Failure to comply with the program requirements may result in the dealer being disqualified for future participation in fleet programs and termination of dealer sales and service agreement(s).

		
	E.
	Optional equipment and, in special circumstances, certain standard equipment can be added to or deleted from GM vehicles during the ordering and manufacturing process by DRFCs.  It is the DRFC’s responsibility to ensure that actual vehicle content is properly disclosed to a buyer or transferee when disposing of a vehicle.  DRFCs that use third party build specifications to promote the sale of their vehicles should be especially careful to ensure the accuracy of that data.

		
	F.
	GM reserves the right to cancel, amend, revise or revoke any program, at any time, based on its sole business judgment(s).  Final decisions in all matters relative to interpretation of any rule or phase of this activity rest solely with GM.

ANY QUESTIONS REGARDING THIS PROGRAM SHOULD BE DIRECTED TO THE CUSTOMER SUPPORT CENTER AT 1-800-FLEET OP.

3

GM Global Headquarters at the Renaissance Center ~ Detroit, MI 48265-1000 

	
			
	Confidential
	 
	Attachment 2A

	
																					
	

National Fleet Risk Incentives for the 2016 Model Year
Trim Mix and Incentives by Model Code

	Division
	Vehicle Line
	Model
	Trim
	Description
	Trim %
	Volume
	Base Incentive
	[*REDACTED*]
	Uplevel Incentive
	[*REDACTED*]
	Total Incentive

	Buick
	Enclave
	4R14526
	1SD
	Buick Enclave FWD Crossover
	[*REDACTED*]

	Buick
	Enclave
	4R14526
	1SL
	Buick Enclave FWD Crossover

	Buick
	Enclave
	4R14526
	1SN
	Buick Enclave FWD Crossover

	Buick
	Enclave
	4V14526
	1SD
	Buick Enclave AWD Crossover

	Buick
	Enclave
	4V14526
	1SL
	Buick Enclave AWD Crossover

	Buick
	Enclave
	4V14526
	1SN
	Buick Enclave AWD Crossover

	Buick
	Enclave
	 
	 
	Model Total

	Cadillac
	XTS
	6GB69
	1SA
	Cadillac XTS Base Sedan

	Cadillac
	XTS
	6GB69
	1SE
	Cadillac XTS Livery Sedan

	Cadillac
	XTS
	6GC69
	1SB
	Cadillac XTS Luxury Sedan

	Cadillac
	XTS
	6GD69
	1SC
	Cadillac XTS Premium Collection

	Cadillac
	XTS
	6GE69
	1SD
	Cadillac XTS Platinum Sedan

	Cadillac
	XTS
	6GX69
	1SB
	Cadillac XTS Luxury AWD Sedan

	Cadillac
	XTS
	6GY69
	1SC
	Cadillac XTS Premium AWD Sedan

	Cadillac
	XTS
	6GY69
	1SK
	Cadillac XTS Premium Twin Turbo V6 AWD Sedan

	Cadillac
	XTS
	6GZ69
	1SD
	Cadillac XTS Platinum AWD Sedan

	Cadillac
	XTS
	6GZ69
	1SL
	Cadillac XTS Platinum Twin Turbo V6 AWD Sedan

	Cadillac
	XTS
	 
	 
	Model Total

	Chevrolet
	Cruze Limited
	1PB69
	1SE
	Chevrolet Cruze Limited ECO Manual Sedan

	Chevrolet
	Cruze Limited
	1PB69
	1SF
	Chevrolet Cruze Limited ECO Automatic Sedan

	Chevrolet
	Cruze Limited
	1PL69
	1SA
	Chevrolet Cruze Limited LS Manual Sedan

	Chevrolet
	Cruze Limited
	1PL69
	1SB
	Chevrolet Cruze Limited LS Automatic Sedan

	Chevrolet
	Cruze Limited
	1PL69
	1SM
	Chevrolet Cruze Limited L Manual Sedan

	
			
	Confidential
	 
	Attachment 2A

	
																					
	Chevrolet
	Cruze Limited
	1PW69
	1SJ
	Chevrolet Cruze Limited LTZ Automatic Sedan
	[*REDACTED*]

	Chevrolet
	Cruze Limited
	1PX69
	1SC
	Chevrolet Cruze Limited 1LT Manual Sedan

	Chevrolet
	Cruze Limited
	1PX69
	1SD
	Chevrolet Cruze Limited 1LT Automatic Sedan

	Chevrolet
	Cruze Limited
	1PZ69
	1SH
	Chevrolet Cruze Limited 2LT Automatic Sedan

	Chevrolet
	Cruze Limited
	 
	 
	Model Total

	Chevrolet
	Impala Limited
	1WF19
	1FL
	Chevrolet Impala Limited LS Fleet Sedan

	Chevrolet
	Impala Limited
	1WG19
	2FL
	Chevrolet Impala Limited LT Fleet Sedan

	Chevrolet
	Impala Limited
	1WU19
	1LZ
	Chevrolet Impala Limited LTZ Sedan

	Chevrolet
	Impala Limited
	 
	 
	Model Total

	Chevrolet
	Malibu Limited
	1GB69
	1FL
	Chevrolet Malibu Limited 1FL Sedan

	Chevrolet
	Malibu Limited
	1GB69
	1LS
	Chevrolet Malibu Limited 1LS Sedan

	Chevrolet
	Malibu Limited
	1GC69
	1LT
	Chevrolet Malibu Limited 1LT Sedan

	Chevrolet
	Malibu Limited
	1GD69
	1LZ
	Chevrolet Malibu Limited 1LZ Sedan

	Chevrolet
	Malibu Limited
	 
	 
	Model Total

	Chevrolet
	Sonic
	1JU48
	1SA
	Chevrolet Sonic LS Manual 5-Door HB

	Chevrolet
	Sonic
	1JU48
	1SB
	Chevrolet Sonic LS Automatic 5-Door HB

	Chevrolet
	Sonic
	1JU69
	1SA
	Chevrolet Sonic LS Manual Sedan

	Chevrolet
	Sonic
	1JU69
	1SB
	Chevrolet Sonic LS Automatic Sedan

	Chevrolet
	Sonic
	1JV48
	1SC
	Chevrolet Sonic LT Manual 5-Door HB

	Chevrolet
	Sonic
	1JV48
	1SD
	Chevrolet Sonic LT Automatic 5-Door HB

	Chevrolet
	Sonic
	1JV69
	1SC
	Chevrolet Sonic LT Manual Sedan

	Chevrolet
	Sonic
	1JV69
	1SD
	Chevrolet Sonic LT Automatic Sedan

	Chevrolet
	Sonic
	1JW48
	1SE
	Chevrolet Sonic LTZ Manual 5-Door HB

	Chevrolet
	Sonic
	1JW48
	1SF
	Chevrolet Sonic LTZ Automatic 5-Door HB

	Chevrolet
	Sonic
	1JW69
	1SE
	Chevrolet Sonic LTZ Manual Sedan

	Chevrolet
	Sonic
	1JW69
	1SF
	Chevrolet Sonic LTZ Automatic Sedan

	Chevrolet
	Sonic
	1JY48
	1SG
	Chevrolet Sonic RS Manual 5-Door HB

	Chevrolet
	Sonic
	1JY48
	1SH
	Chevrolet Sonic RS Automatic 5-Door HB

	Chevrolet
	Sonic
	 
	 
	Model Total

	
			
	Confidential
	 
	Attachment 2A

	
																					
	Chevrolet
	Tahoe
	CC15706
	1FL
	Chevrolet Tahoe 2WD 1/2 Ton SUV

	Chevrolet
	Tahoe
	CC15706
	1LS
	Chevrolet Tahoe 2WD 1/2 Ton SUV

	Chevrolet
	Tahoe
	CC15706
	1LT
	Chevrolet Tahoe 2WD 1/2 Ton SUV

	Chevrolet
	Tahoe
	CC15706
	1LZ
	Chevrolet Tahoe 2WD 1/2 Ton SUV
	[*REDACTED*]

	Chevrolet
	Tahoe
	CC15706
	9C1
	Chevrolet Tahoe 2WD 1/2 Ton SUV

	Chevrolet
	Tahoe
	CK15706
	1FL
	Chevrolet Tahoe 4X4 1/2 Ton SUV

	Chevrolet
	Tahoe
	CK15706
	1LS
	Chevrolet Tahoe 4X4 1/2 Ton SUV

	Chevrolet
	Tahoe
	CK15706
	1LT
	Chevrolet Tahoe 4X4 1/2 Ton SUV

	Chevrolet
	Tahoe
	CK15706
	1LZ
	Chevrolet Tahoe 4X4 1/2 Ton SUV

	Chevrolet
	Tahoe
	CK15706
	5W4
	Chevrolet Tahoe 4X4 1/2 Ton SUV

	Chevrolet
	Tahoe
	CK15706
	9C1
	Chevrolet Tahoe 4X4 1/2 Ton SUV

	Chevrolet
	Tahoe
	 
	 
	Model Total
	 
	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	Grand Total Risk Units
	[*REDACTED*]

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	

General Motors, LLC
	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	By:
	

/s/ Edward J. Peper, Jr.
	Date:
	 7/29/15
	 
	 
	 
	 
	 

	 
	Name:
	Edward J. Peper, Jr.
	 
	 
	 
	 
	 
	 

	 
	Title:
	U.S. Vice President, Fleet and Commercial Sales
	 
	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	By:
	/s/ Edward J. Toporzycki
	Date:
	 7/29/15
	 
	 
	 
	 
	 

	 
	Name:
	Edward J. Toporzycki
	 
	 
	 
	 
	 
	 

	 
	Title:
	CFO, Executive Director, U.S. Sales and Marketing Operations
	 
	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	Avis Budget Car Rental LLC
	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	By:
	/s/ Michael Schmidt
	Date:
	 8-14-15
	 
	 
	 
	 
	 

	 
	Name:
	Michael Schmidt
	 
	 
	 
	 
	 
	 
	 

	 
	Title:
	Senior Vice President, Fleet Services
	 
	 
	 
	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 3

	
																		
	2016 Model Year Daily Rental Program
Volume Commitments and Incentives by Program

	 
	 
	2016 MY Total Volume Summary
	 
	Repurchase VN9 Volume by Program
	 
	Repurchase VN9 Incentives by Program
	 
	 
	 
	 

	 
	 
	VN9
	

VX7

	 
	 
	VN9
	YT1
	YT6
	 
	VN9/YT1
	VN9/YT1
	YT6
	YT1/YT6
	[*REDACTED*] 

	 
	 
	Repurchase
	Risk

	Total
	 
	Tier
	S/T
	[*REDACTED*]
	 
	[*REDACTED*]
	[*REDACTED*]
	[*REDACTED*]
	[*REDACTED*]
	Total Per
	Paid by
	Paid upon

	Division
	Model
	-Units-
	 
	-Units-
	 
	-Units-
	-Units-
	-Units-
	 
	$/Unit
	$/Unit
	$/Unit
	$/Unit
	$/Unit
	 [*REDACTED*] 
	application

	
			
	Confidential
	 
	Attachment 3

	
																		
	Buick
	Enclave
	[*REDACTED*]

	Buick
	Encore

	Buick
	LaCrosse

	Buick
	Regal

	Buick
	Verano

	Cadillac
	ATS

	Cadillac
	CTS

	Cadillac
	Escalade

	Cadillac
	SRX

	Cadillac
	XTS

	Chevrolet
	Camaro

	Chevrolet
	Camaro Convertible

	Chevrolet
	Corvette

	Chevrolet
	Cruze Old Body

	Chevrolet
	Cruze New Body

	Chevrolet
	Equinox

	Chevrolet
	Express

	Chevrolet
	Impala

	Chevrolet
	Impala Limited
	 

	Chevrolet
	Malibu New

	Chevrolet
	Malibu Limited

	Chevrolet
	Silverado

	Chevrolet
	Sonic

	Chevrolet
	Spark

	Chevrolet
	Suburban

	Chevrolet
	Tahoe

	Chevrolet
	Traverse

	Chevrolet
	Trax

	Chevrolet
	Colorado

	GMC
	Acadia

	GMC
	Savana

	GMC
	Terrain

	GMC
	Yukon

	GMC
	Yukon XL

	 
	Total
	[*REDACTED*]

	
			
	Confidential
	 
	Attachment 3

	
																						
	 
	VN9 / YT1 REPURCHASE Volume Amendments
	 
	 
	 
	 
	VX7 RISK Volume Amendments
	 
	 

	 
	 
	UPDATES
	 
	 
	 
	 
	 
	UPDATES
	 
	 

	 
	Initial
	Am. 1
	Am. 2
	Am. 3
	FINAL
	Revised
	TOTAL
	 
	 
	Initial
	Am. 1
	Am. 2
	Am. 3
	FINAL
	Revised
	TOTAL

	Model
	Contract
	 
	 
	 
	RECON
	Contract
	ADJ
	 
	Model
	Contract
	 
	 
	 
	RECON
	Contract
	ADJ

	Enclave
	[*REDACTED*]

	 
	Enclave
	[*REDACTED*]

	Encore
	 
	Encore

	LaCrosse
	 
	LaCrosse

	Regal
	 
	Regal

	Verano
	 
	Verano

	ATS
	 
	ATS

	CTS
	 
	CTS Next Gen

	Escalade
	 
	Escalade

	SRX
	 
	SRX

	XTS
	 
	XTS

	Camaro
	 
	Camaro

	Camaro Convertible
	 
	Camaro Convertible

	Corvette
	 
	Corvette

	Cruze Old Body
	 
	Cruze Old Body

	Cruze New Body
	 
	Cruze New Body

	Equinox
	 
	Equinox

	Express
	 
	Express

	
			
	Confidential
	 
	Attachment 3

	
																						
	Impala
	[*REDACTED*]

	 
	Impala
	[*REDACTED*]

	Impala Limited
	 
	Impala Limited

	Malibu New
	 
	Malibu New

	Malibu Limited
	 
	Malibu Limited

	Silverado
	 
	Silverado

	Sonic
	 
	Sonic

	Spark
	 
	Spark

	Suburban
	 
	Suburban

	Tahoe
	 
	Tahoe

	Traverse
	 
	Traverse

	Trax
	 
	Trax

	Colorado
	 
	Colorado

	Acadia
	 
	Acadia

	Savana
	 
	Savana

	Terrain
	 
	Terrain

	Yukon
	 
	Yukon

	Yukon XL
	 
	Yukon XL

	Total
	[*REDACTED*]

	[*REDACTED*]
	[*REDACTED*]
	 
	 
	[*REDACTED*]
	

[*REDACTED*]

	[*REDACTED*]
	[*REDACTED*]

	
												
	General Motors, LLC
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	By:
	/s/ Edward J. Peper, Jr.
	 
	 
	Date:
	7-16-15
	 
	 

	 
	Name:
	Edward J. Peper, Jr.
	 
	 
	 
	 
	 
	 
	 
	 

	 
	Title:
	U.S. Vice President, Fleet and Commercial Sales
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	By:
	/s/ Edward J. Toporzycki
	 
	 
	Date:
	7-20-15
	 
	 

	 
	Name:
	Edward J. Toporzycki
	 
	 
	 
	 
	 
	 
	 
	 

	 
	Title:
	CFO, Executive Director, U.S. Sales and Marketing Operations
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	Avis Budget Car Rental LLC
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	By:
	/s/ Michael Schmidt
	 
	 
	Date:
	8/14/15
	 
	 

	 
	Name:
	Michael Schmidt
	 
	 
	 
	 
	 
	 
	 
	 

	 
	Title:
	Senior Vice President, Fleet Services
	 
	 
	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 3A

	
																												
	2016 MY PRODUCTION TIMING

	 
	Vehicle Segment
	Production Month
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	 
	2015
	2015
	2015
	2015
	2015
	2015
	2015
	2015
	15CY
	2016
	2016
	2016
	2016
	2016
	2016
	2016
	16CY
	TOTAL

	 
	Brand
	May
	Jun
	Jul
	Aug
	Sep
	Oct
	Nov
	Dec
	16MY
	Jan
	Feb
	Mar
	Apr
	May
	Jun
	Jul
	16MY
	16MY

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 3A

	
																												
	BUICK
	Enclave
	 
	[*REDACTED*]

	LaCrosse
	 

	Regal
	 

	Encore
	 

	Verano
	 

	CADILLAC
	ATS
	 

	CTS
	 

	Escalade
	 

	Escalade ESV
	 

	SRX
	 

	XTS
	 

	CHEVY CAR
	Camaro
	 

	Camaro Convertible
	 

	Corvette
	 

	 
	Cruze Old 
Body 16 MY
	

	 
	Cruze New Body 16 MY
	 

	Impala
	 

	Impala Limited
	 

	Malibu New
	 

	Malibu Limited
	 

	Sonic
	 

	Spark
	 

	CHEVY TRUCK
	Colorado
	 

	Equinox
	 

	Express
	 

	Silverado
	 

	Suburban
	 

	Tahoe
	 

	Traverse
	 

	Trax
	 

	GMC
	Acadia
	 

	Canyon
	 

	Savana
	 

	Terrain
	 

	Yukon
	 

	Yukon XL
	 

	 
	Total
	[*REDACTED*]

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	
			
	Confidential
	 
	Attachment 3A

	
																												
	Silverado Detail
	 
	

[*REDACTED*]

	 
	Silverado Crew Cab
	

	 
	Silverado Double Cab
	 

	 
	Silverado Regular Cab
	 

	 
	Total
	 
	

[*REDACTED*]
 

	
			
	Confidential
	 
	Attachment 4

2016 MODEL YEAR GM RENTAL INCENTIVE 
PAYMENT TERMS AND CALENDAR

		
	1.
	GM will pay to the Daily Rental Fleet Customer (hereinafter “DRFC”) a pro rata portion of the matrix money on the fourth Thursday of the month following Vehicle delivery and receipt of an electronic media transmission to GM’s Remarketing Information System (RIMS) by the second Friday of the month.  An electronic media transmission received after the second Friday of the month will be paid by the fourth Thursday of the following month.  If the fourth Thursday is a banking holiday, funds will be received the next banking day.  Application for this incentive must be made no later than December 31, 2016.  A complete schedule of due dates and payment dates is detailed in this Attachment 4, Page 2. 

		
	2.
	The agreed upon volume and mix requirements set forth in Attachment 3 and/or 2A are subject to adjustment upon receiving GM’s prior approval.  Should GM agree to an adjustment, the changes will be reflected on a quarterly basis and a revision to Attachment 3 and/or 2A will be issued and signed by both parties.  Actual approved volumes and contractually stated volumes can vary based on the timing of contractual updates.  Any payments received prior to attaining the required volume will be returnable to GM at the close of the model year should the volume not be attained.  At GM’s discretion, any pro rata monthly payment processed in error on volume not approved by GM will be charged back through the DRFC’s open account during the following month.

		
	3.
	It is understood that the payment of the per unit amount due to the DRFC is based upon achieving the agreed upon volume and mix requirements set forth in Attachment 3 and/or 2A.  In the event that the required number of vehicles at the agreed upon mix is not achieved, all payments made by GM will be reimbursed by the DRFC to GM on demand. Such reimbursement will be GM’s sole remedy for the DRFC’s failure to purchase or lease the agreed upon number of vehicles.  The DRFC shall be liable for such reimbursement.

1

GM Global Headquarters at the Renaissance Center ~ Detroit, MI 48265-1000
2016 MY Rental Agreement, Attachment 4

	
			
	Confidential
	 
	Attachment 4

2016 MODEL YEAR GM RENTAL INCENTIVE 
PAYMENT TERMS AND CALENDAR

	
		
	 	

	 
	 
	 
	 
	 
	 
	 
	 
	 

2

GM Global Headquarters at the Renaissance Center ~ Detroit, MI 48265-1000
2016 MY Rental Agreement, Attachment 4

	
			
	Confidential
	 
	Attachment 7

LONG TERM SUPPLY AGREEMENT 
MODEL YEARS [*REDACTED*]

		
	1.
	GM extends the terms and conditions of GM’s 2016 Model Year Daily Rental Purchase Program (refer to Attachment 1) for Model Years [*REDACTED*]. GM is entitled to place “new” models (as defined by GM) on any of the purchase percentage tiers, or to create a new tier.  Additionally, GM is entitled to shift vehicles only to higher percentage tiers, (e.g. shift from tier 1 to tier 2, thus lowering ABG’s vehicle depreciation cost).

		
	2.
	GM reserves the right to revise the respective depreciation rates on any Daily Rental Purchase Program in the [*REDACTED*] Model Years.

		
	3.
	GM commits to ABG the availability during Model Years [*REDACTED*] of daily rental vehicles under any or all of the following purchase programs: VX7, VN9, and YT1. GM and ABG agree that all volumes purchased under the VX7 program will be combined with VN9 and YT1 volumes toward the overall volume commitment(s), and for Model Year volume bonus payments, if any.  

		
	4.
	GM and ABG will mutually agree to the following:

		
	a.
	Vehicle mix and production timing 

		
	b.
	Volume and mix of vehicles within purchase programs VN9, YT1 and VX7

1

GM Global Headquarters at the Renaissance Center ~ Detroit, MI 48265-1000
The Avis Budget Group 2015 Model Year Rental Agreement, Attachment 7Exhibit

Exhibit 4.8
INDEPENDENT BANK CORP.  
and
[________________________________], 
as Trustee 
INDENTURE
Dated as of [_______________ __, _____]

 SENIOR DEBT SECURITIES

 
  

	
				
	TABLE OF CONTENTS

	ARTICLE I
	Definitions And Other Provisions Of General Application
	1
	

	Section 1.1.
	Definitions
	1
	

	Section 1.2.
	Compliance Certificates and Opinions
	7
	

	Section 1.3.
	Form of Documents Delivered to Trustee
	8
	

	Section 1.4.
	Acts of Holders; Record Dates
	8
	

	Section 1.5.
	Notices, Etc. to Trustee and Company
	10
	

	Section 1.6.
	Notice to Holders; Waiver
	11
	

	Section 1.7.
	Conflict with Trust Indenture Act
	11
	

	Section 1.8.
	Effect of Headings and Table of Contents
	12
	

	Section 1.9.
	Successors and Assigns
	12
	

	Section 1.10.
	Separability Clause
	12
	

	Section 1.11.
	Benefits of Indenture
	12
	

	Section 1.12.
	Governing Law; Waiver of Jury Trial; Consent to Jurisdiction
	12
	

	Section 1.13.
	Legal Holidays
	13
	

	ARTICLE II
	Security Forms
	13
	

	Section 2.1.
	Forms Generally
	13
	

	Section 2.2.
	Form of Legend of Global Securities
	14
	

	Section 2.3.
	Form of Trustee's Certification Authentication
	14
	

	ARTICLE III
	The Securities
	14
	

	Section 3.1.
	Amount Unlimited; Issuable in Series
	14
	

	Section 3.2.
	Denominations
	17
	

	Section 3.3.
	Execution, Authentication, Delivery and Dating
	18
	

	Section 3.4.
	Temporary Securities
	20
	

	Section 3.5.
	Registration, Registration of Transfer and Exchange
	20
	

	Section 3.6.
	Mutilated, Destroyed, Lost, and Stolen Securities
	22
	

	Section 3.7.
	Payment of Interest; Interest Rights Preserved
	23
	

	Section 3.8.
	Persons Deemed Owners
	24
	

	Section 3.9.
	Cancellation
	25
	

	Section 3.10.
	Computation of Interest
	26
	

	Section 3.11.
	CUSIP Numbers
	26
	

	ARTICLE IV
	Satisfaction and Discharge
	26
	

	Section 4.1.
	Satisfaction and Discharge of Indenture
	26
	

	Section 4.2.
	Application of Trust Money
	28
	

	ARTICLE V
	Remedies
	28
	

	Section 5.1.
	Events of Default
	28
	

	Section 5.2.
	Acceleration of Maturity; Rescission and Annulment
	29
	

	Section 5.3.
	Collection of Indebtedness and Suits for Enforcement by Trustee
	30
	

	Section 5.4.
	Trustee May File Proofs of Claim
	31
	

	Section 5.5.
	Trustee May Enforce Claims Without Possession of Securities
	32
	

	Section 5.6.
	Application of Money Collected
	32
	

	Section 5.7.
	Limitation on Suits
	32
	

i

	
				
	Section 5.8.
	Unconditional Right of Holders to Receive Principal, Premium, and Interest
	33
	

	Section 5.9.
	Restoration of Rights and Remedies
	33
	

	Section 5.10.
	Rights and Remedies Cumulative
	34
	

	Section 5.11.
	Delay or Omission Not Waiver
	34
	

	Section 5.12.
	Control by Holders
	34
	

	Section 5.13.
	Waiver of Past Defaults
	34
	

	Section 5.14.
	Undertaking for Costs
	35
	

	ARTICLE V
	The Trustee
	35
	

	Section 6.1.
	Certain Duties and Responsibilities
	35
	

	Section 6.2.
	Notice of Defaults
	36
	

	Section 6.3.
	Certain Rights of Trustee
	37
	

	Section 6.4.
	Not Responsible for Recitals or Issuance of Securities
	39
	

	Section 6.5.
	May Hold Securities
	39
	

	Section 6.6.
	Money Hold in Trust
	39
	

	Section 6.7.
	Compensation and Reimbursement
	40
	

	Section 6.8.
	Disqualification; Conflicting Interests
	41
	

	Section 6.9.
	Corporate Trustee Required; Eligibility
	41
	

	Section 6.10.
	Resignation and Removal; Appointment of Successor
	41
	

	Section 6.11.
	Acceptance of Appointment by Successor
	43
	

	Section 6.12.
	Merger, Conversion, Consolidation, or Succession to Business
	44
	

	Section 6.13.
	Preferential Collection of Claims Against Company
	45
	

	Section 6.14.
	Appointment of Authenticating Agent
	45
	

	ARTICLE VII
	Holder's Lists and Reports by Trustee and Company
	47
	

	Section 7.1.
	Company to Furnish Trustee Names and Addresses of Holders
	47
	

	Section 7.2.
	Preservation of Information; Communications to Holders
	47
	

	Section 7.3.
	Reports by Trustee
	48
	

	Section 7.4.
	Reports by Company
	48
	

	ARTICLE VIII
	Consolidation, Merger, Conveyance, Transfer or Lease
	49
	

	Section 8.1.
	Company May Consolidate, Etc., Only on Certain Terms
	49
	

	Section 8.2.
	Successor Substituted
	49
	

	ARTICLE IX
	Supplemental Indentures
	50
	

	Section 9.1.
	Supplemental Indentures Without Consent of Holders
	50
	

	Section 9.2.
	Supplemental Indentures With Consent of Holders
	51
	

	Section 9.3.
	Execution of Supplemental Indentures
	52
	

	Section 9.4.
	Effect of Supplemental Indentures
	52
	

	Section 9.5.
	Conformity With Trust Indenture Act
	53
	

	Section 9.6.
	Reference in Securities to Supplemental Indentures
	53
	

	Section 9.7.
	Notice of Supplemental Indentures
	53
	

	ARTICLE X
	Covenants
	53
	

	Section 10.1.
	Payment of Principal, Premium, and Interest
	53
	

	Section 10.2.
	Maintenance of Office or Agency
	53
	

	Section 10.3.
	Money for Securities Payments to Be Held in Trust
	54
	

ii

	
				
	Section 10.4.
	Statement by Officers as to Default
	55
	

	Section 10.5.
	Existence
	55
	

	Section 10.6.
	Maintenance of Properties
	55
	

	Section 10.7.
	Payment of Taxes and Other Claims
	56
	

	Section 10.8.
	Waiver of Certain Covenants
	56
	

	Section 10.9.
	Calculation of Original Issue Discount
	56
	

	Section 10.10.
	Tax Payment and Tax Withholding Obligations
	57
	

	ARTICLE XI
	Redemption of Securities
	57
	

	Section 11.1.
	Applicability of Article
	57
	

	Section 11.2.
	Election to Redeem; Notice to Trustee
	57
	

	Section 11.3.
	Selection by Trustee of Securities to Be Redeemed
	58
	

	Section 11.4.
	Notice of Redemption
	58
	

	Section 11.5.
	Deposit of Redemption Price
	59
	

	Section 11.6.
	Securities Payable on Redemption Date
	60
	

	Section 11.7.
	Securities Redeemed in Part
	60
	

	ARTICLE XII
	Sinking Funds
	60
	

	Section 12.1.
	Applicability of Article
	60
	

	Section 12.2.
	Satisfaction of Sinking Fund Payments with Securities
	61
	

	Section 12.3.
	Redemption of Securities for Sinking Fund
	61
	

	ARTICLE XIII
	Defeasance and Covenant Defeasance
	62
	

	Section 13.1.
	Applicability of Article; Company's Option to Effect Defeasance or Covenant Defeasance
	62
	

	Section 13.2.
	Defeasance and Discharge
	62
	

	Section 13.3.
	Covenant Defeasance
	63
	

	Section 13.4.
	Conditions to Defeasance or Covenant Defeasance
	63
	

	Section 13.5.
	Deposited Money and U.S. Government Obligations to be Held in Trust; Other Miscellaneous Provisions
	65
	

	Section 13.6.
	Reinstatement
	66
	

NOTE:  This table of contents shall not, for any purpose, be deemed to be part of the Indenture.

iii

INDEPENDENT BANK CORP. 
Certain Sections of this Indenture relating to 
Sections 310 through 318, inclusive, of the 
Trust Indenture Act of 1939: 
	
									
	 
	 
	 
	 
	 
	 
	 

	Trust Indenture Act Section
	 
	Indenture Section

	§310
	 
	(a)(1)
	 
	 
	6.9

	 
	 
	(a)(2)
	 
	 
	6.9

	 
	 
	(a)(3)
	 
	Not Applicable

	 
	 
	(a)(4)
	 
	Not Applicable

	 
	 
	(b)
	 
	 
	6.8

	 
	 
	 
	 
	 
	6.10

	§311
	 
	(a)
	 
	 
	6.13

	 
	 
	(b)
	 
	 
	6.13

	§312
	 
	(a)
	 
	 
	7.1

	 
	 
	(b)
	 
	 
	7.2(a)

	 
	 
	(c)
	 
	 
	7.2(b)

	§313
	 
	(a)
	 
	 
	7.3(a)

	 
	 
	(b)
	 
	 
	7.3(a)

	 
	 
	(c)
	 
	 
	7.3(a)

	 
	 
	(d)
	 
	 
	7.3(b)

	§314
	 
	(a)
	 
	 
	7.4

	 
	 
	(a)(4)
	 
	 
	1.2

	 
	 
	 
	 
	 
	10.4

	 
	 
	(b)
	 
	Not Applicable

	 
	 
	(c)(1)
	 
	 
	1.2

	 
	 
	(c)(2)
	 
	 
	1.2

	
			
	 
	1
	 

	
									
	 
	 
	(c)(3)
	 
	Not Applicable

	 
	 
	(d)
	 
	Not Applicable

	 
	 
	(e)
	 
	 
	1.2

	§315
	 
	(a)
	 
	 
	6.1

	 
	 
	(b)
	 
	 
	6.2

	 
	 
	(c)
	 
	 
	6.1

	 
	 
	(d)
	 
	 
	6.1

	 
	 
	(d)(1)
	 
	 
	6.1

	 
	 
	(d)(2)
	 
	 
	6.1

	 
	 
	(d)(3)
	 
	 
	6.1

	 
	 
	(e)
	 
	 
	5.14

	§316
	 
	(a)(1)(A)
	 
	 
	5.12

	 
	 
	 (a)(1)(B)
	 
	 
	5.2

	 
	 
	 
	 
	 
	5.13

	 
	 
	(a)(2)
	 
	Not Applicable

	 
	 
	(b)
	 
	 
	5.8

	 
	 
	(c)
	 
	 
	1.4(c)

	§317
	 
	(a)(1)
	 
	 
	5.3

	 
	 
	(a)(2)
	 
	 
	5.4

	 
	 
	(b)
	 
	 
	10.3

	§318
	 
	(a)
	 
	 
	1.7

NOTE:  This shall not, for any purpose, be deemed to be part of the Indenture.

	
			
	 
	2
	 

INDENTURE, dated as of [___________________ __, ____], between INDEPENDENT BANK CORP., a corporation duly organized and existing under the laws of the Commonwealth of Massachusetts (the “Company”), having its principal office address at 2036 Washington Street, Hanover, Massachusetts 02339, and [____________________________], [a national banking association], as Trustee (the “Trustee”). 
RECITALS OF THE COMPANY 
The Company has duly authorized the execution and delivery of this Indenture to provide for the issuance from time to time of its senior, unsecured debentures, notes, or other evidences of indebtedness (the “Securities”), to be issued in one or more series as provided in this Indenture. 
All things necessary to make this Indenture a valid agreement of the Company, in accordance with its terms, have been done. 
NOW, THEREFORE, THIS INDENTURE WITNESSETH: 
For and in consideration of the premises and the purchase of the Securities by the Holders, it is mutually agreed, for the equal and proportionate benefit of all Holders of the Securities or of any series of the Securities, as follows: 
ARTICLE I 
Definitions And Other Provisions 
Of General Application 
Section 1.1.    Definitions. 
For all purposes of this Indenture, except as otherwise expressly provided or unless the context otherwise requires: 
		
	(1)
	the terms defined in this Article have the meanings assigned to them in this Article and include the plural as well as the singular; 

		
	(2)
	all other terms used in this Indenture which are defined in the Trust Indenture Act, either directly or by reference to the Trust Indenture Act, have the meanings assigned to them in the Trust Indenture Act; 

		
	(3)
	all accounting terms not otherwise defined in this Indenture have the meanings assigned to them in accordance with accounting principles generally accepted in the United States and, except as otherwise expressly provided in this Indenture, the term “accounting principles generally accepted in the United States” with respect to any computation 

	
			
	 
	1
	 

required or permitted under this Indenture shall mean such accounting principles as are generally accepted in the United States at the date of such computation; 
		
	(4)
	the words “herein”, “hereof” and “hereunder” and other words of similar import refer to this Indenture as a whole and not to any particular Article, Section or other subdivision; and

		
	(5)
	unless the context otherwise requires, any reference to an “Article” or a “Section” refers to an Article or a Section, as the case may be, of this Indenture. 

“Act”, when used with respect to any Holder, has the meaning specified in Section 1.4(a). 
“Affiliate” of any specified Person means any other Person directly or indirectly controlling or controlled by or under direct or indirect common control with such specified Person.  For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract, or otherwise; and the terms “controlling” and “controlled” have the meanings correlative to the foregoing. 
“Authenticating Agent” means any Person authorized by the Trustee pursuant to Section 6.14 to act on behalf of the Trustee to authenticate Securities of one or more series. 
“Authorized Officer” means any officer of the Company designated by or pursuant to a Board Resolution to take certain actions as specified in this Indenture. 
“Board of Directors” means either the board of directors of the Company or any other duly authorized committee of that board. 
“Board Resolution” means a copy of a resolution certified by the Secretary or an Assistant Secretary of the Company to have been duly adopted by the Board of Directors, or by action of an Authorized Officer designated as such pursuant to a resolution of the Board of Directors, and to be in full force and effect on the date of such certification, and delivered to the Trustee. 
“Business Day” means, unless otherwise specified, any day that is not a Saturday or Sunday and that is not a day on which banking institutions are generally authorized or required by law, regulation or executive order to be closed in The City of New York, New York.
“Commission” means the Securities and Exchange Commission, as from time to time constituted, created under the Exchange Act or, if at any time after the execution of this Indenture such Commission is not existing and performing the duties now assigned to it under the Trust Indenture Act, then the body performing such duties at such time. 

	
			
	 
	2
	 

“Company” means the Person named as the “Company” in the first paragraph of this Indenture until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Company” shall mean such successor Person. 
“Company Request” or “Company Order” means a written request or order signed in the name of the Company by its Chairman, its Chief Executive Officer, its President, its Chief Financial Officer, or a Vice President, and by its Treasurer, an Assistant Treasurer, its Controller, an Assistant Controller, its Secretary, or an Assistant Secretary, and delivered to the Trustee. 
“Corporate Trust Office” means the office of the Trustee at which any particular time its corporate trust business in [__________________________] shall be principally administered, which office as of the date of this instrument is located at [_____________________________], except that with respect to presentation of Securities for payment or for registration of transfer or exchange, such term shall mean the office or agency of the Trustee at which at any particular time its corporate agency business shall be conducted, which office at the date of this instrument is located at [________________________________], or, in the case of any of such offices or agency, such other address as the Trustee may designate from time to time by notice to the Company.
“Covenant Defeasance” has the meaning specified in Section 13.3. 
“Defaulted Interest” has the meaning specified in Section 3.7. 
“Defeasance” has the meaning specified in Section 13.2. 
“Depositary” means, with respect to the Securities of any series issuable or issued in whole or in part in the form of one or more Global Securities, the Person designated as Depositary for such series by the Company pursuant to Section 3.1, which Person shall be a clearing agency registered under the Exchange Act. 
“Event of Default” has the meaning specified in Section 5.1. 
“Exchange Act” means the Securities Exchange Act of 1934, as amended now or in the future, and any successor statute. 
“Global Security” means a Security bearing the legend prescribed in Section 2.2 evidencing all or part of a series of Securities, authenticated and delivered to the Depositary for such series or its nominee, and registered in the name of such Depositary or nominee. 
“Holder” means a Person in whose name a Security is registered in the Security Register. 

	
			
	 
	3
	 

“Indenture” means this instrument as originally executed or as it may from time to time be supplemented or amended by one or more supplemental indentures entered into pursuant to the applicable provisions of this Indenture, including, for all purposes of this Indenture and any such supplemental indenture, the provisions of the Trust Indenture Act that are deemed to be a part of and govern this Indenture and any such supplemental indenture, respectively. The term “Indenture” shall also include the terms of particular series of Securities established as contemplated by Section 3.1. 
“Interest Payment Date”, with respect to any Security, means the Stated Maturity of an installment of interest on such Security. 
“Maturity”, when used with respect to any Security, means the date on which the principal of such Security or an installment of principal becomes due and payable in accordance with its terms or the terms of this Indenture, whether at the Stated Maturity or by declaration of acceleration, call for redemption, or otherwise. 
“Officers’ Certificate” means a certificate signed by the Chairman, the Chief Executive Officer, the President, the Chief Financial Officer, or a Vice President, and by the Treasurer, an Assistant Treasurer, the Controller, an Assistant Controller, the Secretary, or an Assistant Secretary, of the Company, and delivered to the Trustee. One of the officers signing an Officers’ Certificate given pursuant to Section 10.4 shall be the principal executive, financial, or accounting officer of the Company. 
“Opinion of Counsel” means a written opinion of counsel, who may be counsel for the Company, and who, in all cases, shall be reasonably acceptable to the Trustee. 
“Original Issue Discount Security” means any Security which provides for an amount less than the principal amount of such Security to be due and payable upon a declaration of acceleration of the Maturity of such Security pursuant to Section 5.2. 
“Outstanding”, when used with respect to Securities, means, as of the date of determination, all Securities previously authenticated and delivered under this Indenture, except: 
		
	(i)
	Securities previously cancelled by the Trustee or delivered to the Trustee for cancellation; 

		
	(ii)
	Securities for whose payment or redemption money in the necessary amount has been previously deposited with the Trustee or any Paying Agent (other than the Company) in trust or set aside and segregated in trust by the Company (if the Company shall act as its own Paying Agent) for the Holders of such Securities; provided that, if such Securities are to be redeemed, notice of such redemption has been duly given pursuant to this Indenture or provision for such redemption satisfactory to the Trustee has been made; 

	
			
	 
	4
	 

		
	(iii)
	Securities which have been paid pursuant to Section 3.6 or in exchange for or in lieu of which other Securities have been authenticated and delivered pursuant to this Indenture, other than any such Securities in respect of which there shall have been presented to the Trustee proof satisfactory to it that such Securities are held by a protected purchaser in whose hands such Securities are valid obligations of the Company; 

		
	(iv)
	Securities which have been defeased pursuant to Section 13.2; and 

(v)    Securities not deemed outstanding pursuant to Section 11.3; 
provided, however, that in determining whether the Holders of the requisite principal amount of the Outstanding Securities have given any request, demand, authorization, direction, notice, consent, or waiver under this Indenture, (i) the principal amount of an Original Issue Discount Security that shall be deemed to be Outstanding shall be the amount of the principal that would be due and payable as of the date of such determination upon acceleration of its maturity pursuant to Section 5.2, (ii) if, as of such date, the principal amount payable at the Stated Maturity of a Security is not determinable, the principal amount of such Security which shall be deemed to be Outstanding shall be the amount as specified or determined as contemplated by Section 3.1, and (iii) Securities owned by the Company or any other obligor upon the Securities or any Affiliate of the Company or of such other obligor shall be disregarded and deemed not to be Outstanding, except that, in determining whether the Trustee shall be protected in relying upon any such request, demand, authorization, direction, notice, consent, or waiver, only Securities which a Responsible Officer of the Trustee actually knows to be so owned shall be so disregarded. Securities so owned which have been pledged in good faith may be regarded as Outstanding if the pledgee establishes to the satisfaction of the Trustee the pledgee’s right so to act with respect to such Securities and that the pledgee is not the Company or any other obligor upon the Securities or any Affiliate of the Company or of such other obligor. 
“Paying Agent” means any Person authorized by the Company to pay the principal of or any premium or interest on any Securities on behalf of the Company. 
“Periodic Offering” means an offering of Securities of any series from time to time, the specific terms of which Securities, including, without limitation, its rate or rates of interest, if any, its Stated Maturity, and redemption provisions, if any, with respect to such Securities are to be determined by the Company or its agents upon the issuance of such Securities. 
“Person” means any individual, corporation, limited liability company, partnership, joint venture, trust, association, unincorporated organization, or government or any agency or political subdivision of any government. 

	
			
	 
	5
	 

“Place of Payment”, when used with respect to the Securities of any series, means the place or places where the principal of and any premium and interest on the Securities of that series are payable as specified as contemplated by Section 3.1. 
“Predecessor Security” of any particular Security means every previous Security evidencing all or a portion of the same debt as that evidenced by such particular Security; and, for the purposes of this definition, any Security authenticated and delivered under Section 3.6 in exchange for or in lieu of a mutilated, destroyed, lost, or stolen Security shall be deemed to evidence the same debt as the mutilated, destroyed, lost, or stolen Security. 
“Redemption Date”, when used with respect to any Security to be redeemed, means the date fixed for such redemption by or pursuant to this Indenture. 
“Redemption Price”, when used with respect to any Security to be redeemed, means the price at which it is to be redeemed pursuant to this Indenture. 
“Regular Record Date” for the interest payable on any Interest Payment Date on the Securities of any series means the date specified for that purpose as contemplated by Section 3.1. 
“Responsible Officer”, when used with respect to the Trustee, means any officer assigned to the [______________________] (or any successor division or unit) of the Trustee located at the Corporate Trust Office of the Trustee, who shall have direct responsibility for the administration of this Indenture, and for the purposes of Sections, 5.12(3), 6.1(c)(2) and 6.2 shall also include any other officer of the Trustee to whom any corporate trust matter is referred because of such officer’s knowledge of and familiarity with the particular subject. 
“Securities” has the meaning stated in the first recital of this Indenture and more particularly means any Securities authenticated and delivered under this Indenture. 
“Security Register” and “Security Registrar” have the respective meanings specified in Section 3.5. 
“Special Record Date” for the payment of any Defaulted Interest means a date fixed by the Trustee pursuant to Section 3.7. 
“Stated Maturity”, when used with respect to any Security or any installment of principal or interest on such Security, means the date specified in such Security as the fixed date on which the principal of such Security or such installment of principal or interest is due and payable. 
“Subsidiary” means a corporation or other Person more than 50% of the outstanding voting stock or a majority of the controlling interest of which is owned, directly or indirectly, by the Company or by one or more other Subsidiaries, or by the Company and one or more other Subsidiaries. For 

	
			
	 
	6
	 

the purposes of this definition, “voting stock” means stock which ordinarily has voting power for the election of directors, whether at all times or only so long as no senior class of stock has such voting power by reason of any contingency. 
“Trustee” means the Person named as the “Trustee” in the first paragraph of this instrument until a successor Trustee shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Trustee” shall mean or include each Person who is then a Trustee under this Indenture, and if at any time there is more than one such Person, “Trustee”, as used with respect to the Securities of any series, shall mean the Trustee with respect to Securities of that series. 
“Trust Indenture Act” means the Trust Indenture Act of 1939, as in force at the date as of which this Indenture was executed; provided, however, that in the event the Trust Indenture Act of 1939 is amended after such date, “Trust Indenture Act” means, to the extent required by any such amendment, the Trust Indenture Act of 1939, as so amended. 
“U.S. Government Obligation” has the meaning specified in Section 13.4. 
“Vice President”, when used with respect to the Company or the Trustee, means any vice president (other than any assistant vice president), whether or not designated by a number or a word or words added before or after the title “vice president”. 
Section 1.2.    Compliance Certificates and Opinions. 
Upon any application to or request by the Company to the Trustee to take any action under any provision of this Indenture, the Company shall furnish to the Trustee an Officers’ Certificate stating that all conditions precedent, if any, provided for in this Indenture relating to the proposed action have been complied with and an Opinion of Counsel stating that in the opinion of such counsel all such conditions precedent, if any, have been complied with, except in the case of any such application or request as to which the furnishing of such documents is specifically required by any provisions of this Indenture relating to such particular application or request, no additional certificate or opinion need be furnished.
Every certificate or opinion (other than the Officers’ Certificate delivered under Section 10.4 of this Indenture) with respect to compliance with a condition or covenant provided for in this Indenture shall include: 
		
	(1)
	a statement that each individual signing such certificate or opinion has read such covenant or condition and the related definitions; 

	
			
	 
	7
	 

		
	(2)
	a brief statement as to the nature and scope of the examination or investigation upon which the statements or opinions contained in such certificate or opinion are based; 

		
	(3)
	a statement that, in the opinion of each such individual, he has made such examination or investigation as is necessary to enable him to express an informed opinion as to whether or not such covenant or condition has been complied with; and 

		
	(4)
	a statement as to whether, in the opinion of each such individual, such condition or covenant has been complied with. 

Section 1.3    Form of Documents Delivered to Trustee. 
In any case where several matters are required to be certified by, or covered by an opinion of, any specified Person, it is not necessary that all such matters be certified by, or covered by the opinion of, only one such Person, or that they be so certified or covered by only one document, but one such Person may certify or give an opinion with respect to some matters and one or more other such Persons as to other matters, and any such Person may certify or give an opinion as to such matters in one or several documents. 
Any certificate or opinion of an officer of the Company may be based, insofar as it relates to legal matters, upon a certificate or opinion of, or representations by, counsel, unless such officer knows, or in the exercise of reasonable care should know, that the certificate or opinion or representations with respect to the matters upon which this certificate or opinion is based are erroneous. Any such certificate or opinion of counsel may be based, insofar as it relates to factual matters, upon a certificate or opinion of, or representations by, an officer or officers of the Company stating that the information with respect to such factual matters is in the possession of the Company, unless such counsel knows, or in the exercise of reasonable care should know, that the certificate or opinion or representations with respect to such matters are erroneous. 
Where any Person is required to make, give, or execute two or more applications, requests, consents, certificates, statements, opinions, or other instruments under this Indenture, they may, but need not, be consolidated and form one instrument. 
Section 1.4.    Acts of Holders; Record Dates. 
		
	(a)
	Any request, demand, authorization, direction, notice, consent, waiver, or other action provided or permitted by this Indenture to be given or taken by Holders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Holders in person or by agent duly appointed in writing; and, except as otherwise expressly provided in this Indenture, such action shall become effective when such instrument or instruments are delivered to the Trustee and, where it is expressly required 

	
			
	 
	8
	 

by this Indenture, to the Company.  Such instrument or instruments (and the action embodied in and evidenced by such instrument or instruments) are sometimes referred to as the “Act” of the Holders signing such instrument or instruments.  Proof of execution of any such instrument or of a writing appointing any such agent shall be sufficient for any purpose of this Indenture and (subject to Section 6.1) conclusive in favor of the Trustee and the Company, if made in the manner provided in this Section. 
Without limiting the generality of the foregoing, a Holder, including a Depositary that (or whose nominee) is a Holder of a Global Security, may make, give, or take, by a proxy or proxies, duly appointed in writing, any request, demand, authorization, direction, notice, consent, waiver, or other action provided or permitted in this Indenture to be made, given, or taken by Holders, and a Depositary that (or whose nominee) is a Holder of a Global Security may provide its proxy or proxies to the beneficial owners of interests in any such Global Security. 
		
	(b)
	The fact and date of the execution by any Person of any such instrument or writing may be proved by the affidavit of a witness of such execution or by a certificate of a notary public or other officer authorized by law to take acknowledgments of deeds, certifying that the individual signing such instrument or writing acknowledged to him its execution. Where such execution is by a signer acting in a capacity other than his individual capacity, such certificate or affidavit shall also constitute sufficient proof of his authority. The fact and date of the execution of any such instrument or writing, or the authority of the Person executing the same, may also be proved in any other manner which the Trustee deems sufficient. 

		
	(c)
	The Company may fix any day as the record date for the purpose of determining the Holders of Securities of any series entitled to give or take any request, demand, authorization, direction, notice, consent, waiver, or other action, or to vote on any action, authorized, or permitted to be given or taken by Holders of Securities of such series. If not set by the Company prior to the first solicitation of a Holder of Securities of such series made by any Person in respect of any such action, or, in the case of any such vote, prior to such vote, the record date for any such action or vote shall be the 30th day (or, if later, the date of the most recent list of Holders required to be provided pursuant to Section 7.1) prior to such first solicitation or vote, as the case may be. With regard to any record date for action to be taken by the Holders of one or more series of Securities, only the Holders of Securities of such series on such date (or their duly designated proxies) shall be entitled to give, take, or vote on the relevant action. 

		
	(d)
	The ownership of Securities shall be proved by the Security Register. 

	
			
	 
	9
	 

		
	(e)
	Any request, demand, authorization, direction, notice, consent, waiver, or other Act of the Holder of any Security shall bind every future Holder of the same Security and the Holder of every Security issued upon the registration of transfer of, in exchange for, or in lieu of such Security in respect of anything done, omitted, or suffered to be done by the Trustee or the Company in reliance on such action, whether or not notation of such action is made upon such Security. 

		
	(f)
	Without limiting the foregoing, a Holder entitled to give or take any action under this Indenture with regard to any particular Security may do so with regard to all or any part of the principal amount of such Security or by one or more duly appointed agents each of which may do so pursuant to such appointment with regard to all or any different part of such principal amount. 

Section 1.5.    Notices, Etc. to Trustee and Company. 
Any request, demand, authorization, direction, notice, consent, waiver, or Act of Holders or other document provided or permitted by this Indenture to be made upon, given or furnished to, or filed with, 
		
	(1)
	the Trustee by any Holder or by the Company shall be sufficient for every purpose under this Indenture if made, given, furnished, or filed in writing to or with the Trustee at its Corporate Trust Office, Attention: [______________________], or 

		
	(2)
	the Company by the Trustee or by any Holder shall be sufficient for every purpose under this Indenture (unless otherwise expressly provided in this Indenture) if in writing and mailed, first-class postage prepaid, to the Company addressed to it at the address of its principal office specified in the first paragraph of this instrument or at any other address previously furnished in writing to the Trustee by the Company, Attention: Corporate Secretary.

The Trustee shall have the right, but shall not be required, to rely upon and comply with notices, instructions, directions or other communications sent by e-mail, facsimile and other similar unsecured electronic methods by persons believed by the Trustee to be authorized to give instructions and directions on behalf of the Company.  The Trustee shall have no duty or obligation to verify or confirm that the person who sent such instructions or directions is, in fact, a person authorized to give instructions or directions on behalf of the Company; and the Trustee shall have no liability for any losses, liabilities, costs or expenses incurred or sustained by the Company as a result of such reliance upon or compliance with such notices, instructions, directions or other communications.  The Company agrees to assume all risks arising out of the use of such electronic methods to submit notices, instructions, directions or other communications to 

	
			
	 
	10
	 

the Trustee, including without limitation the risk of the Trustee acting on unauthorized instructions, and the risk of interception and misuse by third parties.  The Company shall use all reasonable endeavors to ensure that any such notices, instructions, directions or other communications transmitted to the Trustee pursuant to this Indenture are complete and correct. Any such notices, instructions, directions or other communications shall be conclusively deemed to be valid instructions from the Company to the Trustee for the purposes of this Indenture.
Section 1.6.    Notice to Holders; Waiver. 
Where this Indenture provides for notice to Holders of any event, such notice shall be sufficiently given (unless otherwise expressly provided in this Indenture) if in writing and (i) mailed, first-class postage prepaid, to each Holder affected by such event, at his address as it appears in the Security Register, or (ii) in the event that a Depositary (or a nominee thereof) is a Holder of Securities issued in the form of Global Securities, then with respect to such Securities given by electronic, email or other means as such be acceptable to such Depositary, in all cases, not later than the latest date (if any), and not earlier than the earliest date (if any), prescribed for the giving of such notice.  In any case where notice to Holders is given by mail, neither the failure to mail such notice, nor any defect in any notice so mailed, to any particular Holder shall affect the sufficiency of such notice with respect to other Holders. Where this Indenture provides for notice in any manner, such notice may be waived in writing by the Person entitled to receive such notice, either before or after the event, and such waiver shall be the equivalent of such notice. Waivers of notice by Holders shall be filed with the Trustee, but such filing shall not be a condition precedent to the validity of any action taken in reliance upon such waiver. 
In case by reason of the suspension of regular mail service or by reason of any other cause it shall be impracticable to give such notice by mail, then such notification as shall be made with the approval of the Trustee shall constitute a sufficient notification for every purpose under this Indenture. 
Section 1.7.    Conflict with Trust Indenture Act. 
If any provision of this Indenture limits, qualifies, or conflicts with a provision of the Trust Indenture Act that is required under such Act to be a part of and govern this Indenture, the latter provision shall control. If any provision of this Indenture modifies or excludes any provision of the Trust Indenture Act that may be so modified or excluded, the latter provision shall be deemed to apply to this Indenture as so modified or to be excluded, as the case may be. 

	
			
	 
	11
	 

Section 1.8.    Effect of Headings and Table of Contents. 
The Article and Section headings in this Indenture and the Table of Contents are for convenience only and shall not affect the construction of this Indenture. 
Section 1.9.    Successors and Assigns. 
All covenants and agreements in this Indenture by the Company shall bind its successors and assigns, whether so expressed or not. 
Section 1.10.    Separability Clause. 
In case any provision in this Indenture or in the Securities shall be invalid, illegal, or unenforceable, the validity, legality, and enforceability of the remaining provisions shall not in any way be affected or impaired by such invalid, illegal, or unenforceable provision. 
Section 1.11.    Benefits of Indenture. 
Nothing in this Indenture or in the Securities, express or implied, shall give to any Person, other than the parties to this Indenture and their successors under this Indenture, any benefit or any legal or equitable right, remedy or claim under this Indenture. 
Section 1.12.    Governing Law; Waiver of Jury Trial; Consent to Jurisdiction. 
This Indenture and the Securities shall be governed by and construed in accordance with the laws of the State of New York (including but not limited to N.Y. General Obligations Law Section 5-1401 and any successor statute thereto).
Each of the Company and the Trustee, and each Holder of a Security by its acceptance thereof, hereby irrevocably waives, to the fullest extent permitted by applicable law, any and all right it may have to trial by jury in any legal proceeding directly or indirectly arising out of or relating to this Indenture, the Securities or the transactions contemplated hereby or thereby.
Each of the Company and the Trustee irrevocably consents and submits, for itself and in respect of any of its assets or property, to the nonexclusive jurisdiction of any court of the State of New York or any United States court sitting, in each case, in the Borough of Manhattan, The City of New York, New York, United States of America, and of any appellate court in respect thereof in any suit, action or proceeding that may be brought in connection with this Indenture or the Securities, and waives any immunity from the jurisdiction of such courts.  Each of the Company and the Trustee irrevocably waives, to the fullest extent permitted by law, any objection to any such suit, action or proceeding that may be brought in such courts whether on the grounds of venue, residence or domicile or on the ground that any such suit, action or 

	
			
	 
	12
	 

proceeding has been brought in an inconvenient forum.  Each of the Company and the Trustee agrees, to the fullest extent that it lawfully may do so, that final judgment in any such suit, action or proceeding brought in such a court shall be conclusive and binding upon the Company and the Trustee, respectively, and the Company waives, to the fullest extent permitted by law, any objection to the enforcement by any competent court in the Company’s jurisdiction of organization of judgments validly obtained in any such court in New York on the basis of such suit, action or proceeding. 
Section 1.13. Legal Holidays. 
In any case where any Interest Payment Date, Redemption Date, or Stated Maturity of any Security shall not be a Business Day at any Place of Payment, then (notwithstanding any other provision of this Indenture or of the Securities, other than a provision of the Securities of any series which specifically states that such provision shall apply in lieu of this Section) payment of interest or principal (and premium, if any) need not be made at such Place of Payment on such date, but may be made on the next succeeding Business Day at such Place of Payment with the same force and effect as if made on the Interest Payment Date, or Redemption Date, or at the Stated Maturity, provided that no interest shall accrue with respect to the payment due on such date for the period from and after such Interest Payment Date, Redemption Date, or Stated Maturity, as the case may be. 
ARTICLE II 
Security Forms 
Section 2.1.    Forms Generally. 
The Securities of each series shall be in substantially such form or forms as shall be established by or pursuant to one or more Board Resolutions or in one or more indentures supplemental to this Indenture, or in an Officer’s Certificate pursuant to such Board Resolution or any such supplemental indenture, in each case with such appropriate insertions, omissions, substitutions, and other variations as are required or permitted by this Indenture, and may have such letters, numbers, or other marks of identification and such legends or endorsements placed on them as may be required to comply with the rules of any securities exchange or as may, consistently with this Indenture, be determined by the officers executing such Securities, as evidenced by their execution of the Securities.  If the form of Securities of any series is established by action taken pursuant to a Board Resolution, a copy of an appropriate record of such action shall be certified by the Secretary or an Assistant Secretary of the Company and delivered to the Trustee at or prior to the delivery of the Company Order contemplated by Section 3.3 for the authentication and delivery of such Securities. 

	
			
	 
	13
	 

The definitive Securities, if any, shall be printed, lithographed, or engraved on steel engraved borders or may be produced in any other manner, all as determined by the officers executing such Securities, as evidenced by their execution of such Securities. 
Section 2.2.    Form of Legend for Global Securities. 
Any Global Security authenticated and delivered under this Indenture shall bear a legend (in addition to any legend that may be required by the applicable requirements of  the Depositary) in substantially the following form: 
This Security is a Global Security within the meaning of the Indenture referred to in this Security and is registered in the name of a Depositary or its nominee. This Security may not be transferred to, or registered or exchanged for Securities registered in the name of, any Person other than the Depositary or its nominee or a successor of such Depositary or a nominee of such successor and no such transfer may be registered, except in the limited circumstances described in the Indenture. Every Security authenticated and delivered upon registration of transfer of, or in exchange for or in lieu of, this Security shall be a Global Security subject to the foregoing, except in such limited circumstances.” 
Section 2.3.    Form of Trustee’s Certificate of Authentication. 
The Trustee’s certificates of authentication shall be in substantially the following form: 
TRUSTEE’S CERTIFICATE OF AUTHENTICATION
This is one of the Securities of the series designated therein referred to in the within-mentioned Indenture. 
	
		
	Dated:
	[_____________________________________]

	 
	 as Trustee

	 
	 

	By:
	______________________________________

	 
	Authorized Signatory

ARTICLE III 
The Securities 
Section 3.1.    Amount Unlimited; Issuable in Series. 
The aggregate principal amount of Securities which may be authenticated and delivered under this Indenture is unlimited. 

	
			
	 
	14
	 

The Securities may be issued in one or more series.  There shall be established in or pursuant to a Board Resolution and, subject to Section 3.3, set forth, or determined in the manner provided, in an Officers’ Certificate pursuant to a Board Resolution or indenture supplemental to this Indenture, or established in one or more indentures supplemental to this Indenture, prior to the issuance of Securities of any series, 
		
	(1)
	the title of the Securities of the series (which shall distinguish the Securities of the series from Securities of any other series); 

		
	(2)
	any limit upon the aggregate principal amount of the Securities of the series which may be authenticated and delivered under this Indenture (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities of the series pursuant to Section 3.4, 3.5, 3.6, 9.6, or 11.7 and except for any Securities which, pursuant to Section 3.3, are deemed never to have been authenticated and delivered under this Indenture); 

		
	(3)
	the Person to whom any interest on a Security of the series shall be payable, if other than the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on Regular Record Date for such interest; 

		
	(4)
	the date or dates on which the principal (and premium, if any) of the Securities of the series is payable; 

		
	(5)
	the rate or rates at which the Securities of the series shall bear interest, if any, the date or dates from which such interest shall accrue, the Interest Payment Dates on which any such interest shall be payable, and the Regular Record Date for any interest payable on any Interest Payment Date; 

		
	(6)
	the place or places in addition to the Borough of Manhattan, The City of New York, where the principal of and any premium and interest on Securities of the series shall be payable; 

		
	(7)
	the period or periods within which, the price or prices at which, and the terms and conditions upon which Securities of the series may be redeemed, in whole or in part, at the option of the Company and, if other than by a Board Resolution, the manner in which any election by the Company to redeem the Securities shall be evidenced; 

		
	(8)
	the obligation, if any, of the Company to redeem, purchase, or repay Securities of the series pursuant to any mandatory redemption, sinking fund, or analogous provision or at the option of a Holder of the Security, and the period or periods within which, the price 

	
			
	 
	15
	 

or prices at which, and the terms and conditions upon which Securities of the series shall be redeemed, purchased, or repaid, in whole or in part, pursuant to such obligation; 
		
	(9)
	if other than denominations of $1,000 and integral multiples of such denomination, the denomination or denominations in which Securities of the series shall be issuable; 

		
	(10)
	if the amount of payments of principal of or any premium or interest on any Securities of the series may be determined with reference to an index or formula, the manner in which such amounts shall be determined; 

		
	(11)
	if other than the principal amount of the Securities of the series, the portion of the principal amount of Securities which shall be payable upon declaration of acceleration of its Maturity pursuant to Section 5.2; 

		
	(12)
	if the principal amount payable at the Stated Maturity of any Securities of the series will not be determinable as of any one or more dates prior to the Stated Maturity, the amount which shall be deemed to be the principal amount of such Securities as of any such date for any purpose under the Securities or this Indenture, including the principal amount which shall be due and payable upon any Maturity other than the Stated Maturity or which shall be deemed to be Outstanding as of any date prior to the Stated Maturity (or, in any such case, the manner in which such amount deemed to be the principal amount shall be determined); 

		
	(13)
	the application, if any, of either or both of Section 13.2 and Section 13.3 to the Securities of the series (including, in the case of Section 13.3, the covenants and any Events of Default not specified therein that are subject thereto) and, if other than by a Board Resolution, the manner in which any election pursuant to such Sections by the Company shall be evidenced; 

		
	(14)
	whether the Securities of the series shall be issuable in whole or in part in the form of one or more Global Securities and, in such case, the Depositary or Depositaries for such Global Security or Global Securities (if other than The Depository Trust Company), and any circumstances other than those set forth in Section 3.5 in which any such Global Security may be transferred to, and registered and exchanged for, Securities registered in the name of, a Person other than the Depositary for such Global Security or its nominee and in which any such transfer may be registered; 

		
	(15)
	any Authenticating Agents, Paying Agents, or any other agents with respect to the Securities of the series; 

	
			
	 
	16
	 

		
	(16)
	any other covenant or warranty included for the benefit of Securities of the series in addition to (and not inconsistent with) those included in this Indenture for the benefit of Securities of all series, or any other covenant or warranty included for the benefit of Securities of the series in lieu of any covenant or warranty included in this Indenture for the benefit of Securities of all series (including any covenant contained in Article X), or any provision that any covenant or warranty included in this Indenture for the benefit of Securities of all series (including any covenant contained in Article X) shall not be for the benefit of Securities of such series, or any change to or combination of the provisions of any such covenant or warranty included in this Indenture for the benefit of Securities of all series (including any covenants contained in Article X) which applies to the Securities of such series; 

		
	(17)
	any addition to, deletion from, or change in the Events of Default which applies to any Securities of the series and any change in the right of the Trustee or the requisite Holders of such Securities to declare the principal amount of such Securities due and payable pursuant to Section 5.2; and 

		
	(18)
	any other terms of the Securities of such series, or of any specified tenor thereof.

All Securities of any one series shall be substantially identical except as to denomination and except as may otherwise be provided in or pursuant to the Board Resolution referred to above and (subject to Section 3.3) set forth, or determined in the manner provided, in the Officers’ Certificate referred to above or in any indenture supplemental to the Indenture. 
Unless otherwise provided with respect to the Securities of any series, at the option of the Company, interest on the Securities of any series that bears interest may be paid by mailing a check to the address of the Person entitled to such interest as such address shall appear in the Security Register. 
If any of the terms of the series are established by action taken pursuant to a Board Resolution, a copy of an appropriate record of such action shall be certified by the Secretary or an Assistant Secretary of the Company and delivered to the Trustee at or prior to the delivery of the Officers’ Certificate setting forth the terms of the series. 
Section 3.2.    Denominations. 
The Securities of each series shall be issuable in registered form without coupons in such denominations as shall be specified as contemplated by Section 3.1. In the absence of any such provisions with respect to the Securities of any series, the Securities of such series shall be issuable in denominations of $1,000 and any integral multiples of such denominations. 

	
			
	 
	17
	 

Section 3.3.    Execution, Authentication, Delivery and Dating. 
The Securities shall be executed on behalf of the Company by its Chairman, its Chief Executive Officer, its President, or one of its Vice Presidents, and may (but need not) have the corporate seal of the Company affixed or reproduced thereon and, if so affixed or reproduced, attested by its Secretary or one of its Assistant Secretaries.  The signature of any of these officers on the Securities may be manual or facsimile. 
Securities bearing the manual or facsimile signatures of individuals who were at any time the proper officers of the Company shall bind the Company, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Securities or did not hold such offices at the date of such Securities. 
At any time and from time to time after the execution and delivery of this Indenture, the Company may deliver Securities of any series executed by the Company to the Trustee for authentication, together with the documents referred to below in this Section 3.3, for the authentication and delivery of such Securities, and the Trustee shall authenticate and deliver such Securities to or upon a Company Order or pursuant to such procedures acceptable to the Trustee and to such recipients as may be specified from time to time by a Company Order.  If so provided in or pursuant to the Board Resolution or supplemental indenture establishing the Securities of any series, the maturity date, original issue date, interest rate, and any other terms of any or all of the Securities of such series may be determined by or pursuant to such Company Order and procedures.  If provided for in such procedures, such Company Order may authorize authentication and delivery pursuant to electronic instructions from the Company or its duly authorized agent, which instructions shall be promptly confirmed in writing.  In authenticating such Securities and accepting the additional responsibilities under this Indenture in relation to such Securities, the Trustee shall be entitled to receive and (subject to Section 6.1) shall be fully protected in relying upon, unless and until such documents have been superseded or revoked: 
		
	(a)
	a Company Order requesting such authentication and setting forth delivery instructions if the Securities are not to be delivered to the Company, provided that, with respect to Securities of a series subject to a Periodic Offering, (i) such Company Order may be delivered by the Company to the Trustee at any time prior to the delivery to the Trustee of the Securities of such series for authentication and delivery, (ii) the Trustee shall authenticate and deliver the Securities of such series for original issue from time to time, in an aggregate principal amount not exceeding the aggregate principal amount established for such series, pursuant to a Company Order or pursuant to such procedures acceptable to the Trustee as may be specified from time to time by a Company Order, and (iii) if so provided in or pursuant to the Board Resolution or supplemental indenture establishing the Securities of such series, the maturity date, original issue date, interest 

	
			
	 
	18
	 

rate, and any other terms of any or all of the Securities of such series may be determined by a Company Order or pursuant to such procedures;
		
	(b)
	any Board Resolution, Officers’ Certificate and/or executed supplemental indenture referred to in Sections 2.1 and 3.1 by or pursuant to which the form or forms and terms of the Securities of such series were established;

		
	(c)
	an Officers’ Certificate setting forth the form or forms and the terms of the Securities of such series, stating that such form or forms and terms have been established pursuant to Sections 2.1 and 3.1 and comply with this Indenture, and covering such other matters as the Trustee may reasonably request; and

		
	(d)
	an Opinion of Counsel, substantially to the effect that:

		
	(i)
	the form or forms of the Securities of such series have been duly authorized and established in conformity with the provisions of this Indenture; 

		
	(ii)
	the terms of the Securities of such series (or the manner of determining such terms) have been established in conformity with the provisions of this Indenture; and

		
	(iii)
	that such Securities, when authenticated and delivered by the Trustee and issued by the Company in the manner and subject to any conditions specified in such Opinion of Counsel, will constitute valid and legally binding obligations of the Company, enforceable in accordance with their terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium, and similar laws of general applicability relating to or affecting creditors rights and to general equity principles and other customary qualifications and assumptions. 

The Trustee shall not be required to authenticate such Securities if the issue of such Securities pursuant to this Indenture will affect the Trustee’s own rights, duties, liabilities or immunities under the Securities or this Indenture or otherwise. 
Notwithstanding the provisions of Section 3.1 and of the preceding paragraph, if all Securities of a series are not to be originally issued at one time, it shall not be necessary to deliver the above specified documents at or prior to the time of authentication of each Security of such series if such documents are delivered at or prior to the authentication upon original issuance of the first Security of such series to be issued. 
Each Security shall be dated the date of its authentication. 

	
			
	 
	19
	 

No Security shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Security a certificate of authentication substantially in the form provided for in this Indenture executed by the Trustee by manual signature of an authorized signatory, and such certificate upon any Security shall be conclusive evidence, and the only evidence, that such Security has been duly authenticated and delivered under this Indenture. Notwithstanding the foregoing, if any Security shall have been authenticated and delivered but never issued and sold by the Company, and the Company shall deliver such Security to the Trustee for cancellation as provided in Section 3.9, for all purposes of this Indenture, such Security shall be deemed never to have been authenticated and delivered under this Indenture and shall never be entitled to the benefits of this Indenture. 
Section 3.4.    Temporary Securities. 
Pending the preparation of definitive Securities of any series, the Company may execute, and upon Company Order the Trustee shall authenticate and deliver, temporary Securities which are printed, lithographed, typewritten, mimeographed, or otherwise produced, in any authorized denomination, substantially of the tenor of the definitive Securities in lieu of which they are issued and with such appropriate insertions, omissions, substitutions, and other variations as the officers executing such Securities may determine, as evidenced by their execution of such Securities. 
If temporary Securities of any series are issued, the Company will cause definitive Securities of that series to be prepared without unreasonable delay.  After the preparation of definitive Securities of such series, the temporary Securities of such series shall be exchangeable for definitive Securities of such series upon surrender of the temporary Securities of such series at the office or agency of the Company in a Place of Payment for that series, without charge to the Holder.  Upon surrender for cancellation of any one or more temporary Securities of any series, the Company shall execute and the Trustee shall authenticate and deliver in exchange one or more definitive Securities of the same series, of any authorized denominations and of a like aggregate principal amount and tenor.  Until so exchanged the temporary Securities of any series shall in all respects be entitled to the same benefits under this Indenture as definitive Securities of such series and tenor. 
Section 3.5.    Registration, Registration of Transfer and Exchange. 
The Company shall cause to be kept at the Corporate Trust Office of the Trustee a register (the register maintained in such office or in any other office or agency of the Company in a Place of Payment may sometimes be collectively referred to as the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Company shall provide for the registration of Securities and of transfers of Securities.  The Trustee is hereby appointed 

	
			
	 
	20
	 

“Security Registrar” for the purpose of registering Securities and transfers of Securities as provided in this Indenture. 
Upon surrender for registration of transfer of any Security of any series at the office or agency of the Company in a Place of Payment for that series, the Company shall execute, and the Trustee shall authenticate and deliver, in the name of the designated transferee or transferees, one or more new Securities of the same series, of any authorized denominations and of a like aggregate principal amount and tenor. 
At the option of the Holder, Securities of any series may be exchanged for other Securities of the same series, of any authorized denominations and of a like aggregate principal amount and tenor, upon surrender of the Securities to be exchanged at such office or agency. Whenever any Securities are so surrendered for exchange, the Company shall execute, and the Trustee shall authenticate and deliver, the Securities which the Holder making the exchange is entitled to receive. 
All Securities issued upon any registration of transfer or exchange of Securities shall be the valid obligations of the Company, evidencing the same debt, and entitled to the same benefits under this Indenture, as the Securities surrendered upon such registration of transfer or exchange. 
Every Security presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Trustee) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed, by the Holder or his attorney duly authorized in writing. 
No service charge shall be made for any registration of transfer or exchange of Securities, but the Company or the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Securities, other than exchanges pursuant to Section 3.4, 9.6, or 11.7 not involving any transfer. 
The Company shall not be required (i) to issue, register the transfer of, or exchange Securities of any series during a period beginning at the opening of business 15 days before the day of the mailing of a notice of redemption of Securities of that series selected for redemption under Section 11.3 and ending at the close of business on the day of such mailing, or (ii) to register the transfer of or exchange any Security so selected for redemption in whole or in part, except the unredeemed portion of any Security being redeemed in part. 
Notwithstanding the foregoing and except as otherwise specified as contemplated by Section 3.1, if at any time the Depositary for the Securities of a series represented by a Global Security or Global Securities notifies the Company that it is unwilling or unable to continue as a 

	
			
	 
	21
	 

Depositary for the Securities of such series or if at any time the Depositary for Securities of a series shall no longer be registered or in good standing under the Exchange Act or other applicable statute or regulation, the Company shall appoint a successor Depositary with respect to the Securities of such series. If a successor Depositary for the Securities of such series is not appointed by the Company or, if appointed, has not accepted such appointment, within 90 days after the Company receives such notice or becomes aware of such condition, the Company will execute, and the Trustee, upon Company Request, will authenticate and deliver, Securities of such series in definitive form in an aggregate principal amount equal to the principal amount of the Global Security or Global Securities representing Securities of such series in exchange for such Global Security or Global Securities. 
In the event that (i) the Company at any time and in its sole discretion determines that the Securities of any series issued in the form of one or more Global Securities shall no longer be represented by such Global Security or Global Securities or (ii) there shall have occurred and be continuing an Event of Default with respect to the Securities of any series, the Company will execute, and the Trustee, upon Company Request or instructions from the Depositary, will authenticate and deliver, Securities of such series in definitive form and in an aggregate principal amount equal to the principal amount of the Global Security or Global Securities representing such series in exchange for such Global Security or Global Securities. 
Upon the occurrence in respect of any Global Security of any series of any one or more of the conditions specified in the preceding two paragraphs or such other conditions as may be specified as contemplated by Section 3.1 for such series, such Global Security may be exchanged for Securities registered in the names of, and the transfer of such Global Security may be registered to, such Persons (including Persons other than the Depositary with respect to such series and its nominees) as such Depositary shall direct. Notwithstanding any other provision of this Indenture, any Security authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, any Global Security shall also be a Global Security and shall bear the legend or legends specified in Section 2.2 except for any Security authenticated and delivered in exchange for, or upon registration of transfer of, a Global Security pursuant to the preceding sentence. 
Section 3.6.    Mutilated, Destroyed, Lost, and Stolen Securities. 
If any mutilated Security is surrendered to the Trustee, the Company shall execute and the Trustee shall authenticate and deliver in exchange a new Security of the same series and of like tenor and principal amount and bearing a number not contemporaneously outstanding. 
If there shall be delivered to the Company and the Trustee (i) evidence to their satisfaction of the destruction, loss, or theft of any Security and (ii) such security or indemnity as 

	
			
	 
	22
	 

may be required by them to save each of them and any agent of either of them harmless, then, in the absence of notice to the Company or the Trustee that such Security has been acquired by a protected purchaser, the Company shall execute and the Trustee shall authenticate and deliver, in lieu of any such destroyed, lost, or stolen Security, a new Security of the same series and of like tenor and principal amount and bearing a number not contemporaneously outstanding. 
In case any such mutilated, destroyed, lost, or stolen Security has become or is about to become due and payable, the Company in its discretion may, instead of issuing a new Security, pay such Security. 
Upon the issuance of any new Security under this Section, the Company may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation to such issuance and any other expenses (including the fees and expenses of the Trustee) connected with such issuance. 
Every new Security of any series issued pursuant to this Section in lieu of any destroyed, lost, or stolen Security shall constitute an original additional contractual obligation of the Company, whether or not the destroyed, lost, or stolen Security shall be at any time enforceable by anyone, and shall be entitled to all the benefits of this Indenture equally and proportionately with any and all other Securities of that series duly issued under this Indenture. 
The provisions of this Section are exclusive and shall preclude (to the extent lawful) all other rights and remedies with respect to the replacement or payment of mutilated, destroyed, lost, or stolen Securities. 
Section 3.7.    Payment of Interest; Interest Rights Preserved. 
Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest. 
Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (“Defaulted Interest”) shall cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in Clause (1) or (2) below: 
		
	(1)
	The Company may elect to make payment of any Defaulted Interest to the Persons in whose names the Securities of such series (or their respective Predecessor Securities) are 

	
			
	 
	23
	 

registered at the close of business on a Special Record Date for the payment of such Defaulted Interest, which shall be fixed in the following manner.  The Company shall notify the Trustee in writing of the amount of Defaulted Interest proposed to be paid on each Security of such series and the date of the proposed payment, and at the same time the Company shall deposit with the Trustee an amount of money equal to the aggregate amount proposed to be paid in respect of such  Defaulted Interest or shall make arrangements satisfactory to the Trustee for such deposit prior to the date of the proposed payment, such money when deposited to be held in trust for the benefit of the Persons entitled to such Defaulted Interest as provided in this Clause.  At such time the Trustee shall fix a Special Record Date for the payment of such Defaulted Interest which shall be not more than 15 days and not less than 10 days prior to the date of the proposed payment and not less than 10 days after the receipt by the Trustee of the notice of the proposed payment.  The Trustee shall promptly notify the Company of such Special Record Date and, in the name and at the expense of the Company, shall cause notice of the proposed payment of such Defaulted Interest and the related Special Record Date to be mailed, first-class postage prepaid, to each Holder of Securities of such series at his address as it appears in the Security Register, not less than 10 days prior to such Special Record Date.  Notice of the proposed payment of such Defaulted Interest and the related Special Record Date having been so mailed, such Defaulted Interest shall be paid to the Persons in whose names the Securities of such series (or their respective Predecessor Securities) are registered at the close of business on such Special Record Date and shall no longer be payable pursuant to the following Clause (2). 
		
	(2)
	The Company may make payment of any Defaulted Interest on the Securities of any series in any other lawful manner not inconsistent with the requirements of any securities exchange on which such Securities may be listed, and upon such notice as may be required by such exchange, if, after notice given by the Company to the Trustee of the proposed payment pursuant to this clause, such manner of payment shall be deemed practicable by the Trustee. 

Subject to the foregoing provisions of this Section, each Security delivered under this Indenture upon registration of transfer of or in exchange for or in lieu of any other Security shall carry the rights to interest accrued and unpaid, and to accrue, which were carried by such other Security. 
Section 3.8.    Persons Deemed Owners. 
Prior to due presentment of a Security for registration of transfer, the Company, the Trustee, and any agent of the Company or the Trustee may treat the Person in whose name such Security is registered as the owner of such Security for the purpose of receiving payment of 

	
			
	 
	24
	 

principal of and any premium and (subject to Section 3.7) any interest on such Security and for all other purposes whatsoever, whether or not such Security be overdue, and neither the Company, the Trustee, nor an agent of the Company or the Trustee shall be affected by notice to the contrary. 
No holder of any beneficial interest in any Global Security registered in the name of a Depositary or its nominee shall have any rights under this Indenture with respect to such Global Security, and such Depositary or nominee, as the case may be, may be treated by the Company, the Trustee, and any agent of the Company or the Trustee as the owner of such Global Security for all purposes whatsoever.  Notwithstanding the foregoing, nothing in this Indenture shall prevent the Company, the Trustee, or any agent of the Company or the Trustee from giving effect to any written certification, proxy, or other authorization furnished by a Depositary or its nominee pursuant to this Indenture.  Furthermore, none of the Company, the Trustee, any Paying Agent, the Security Registrar, or any other agent of the Company or the Trustee will have any responsibility or liability for any aspect of the records relating to or payments made on account of beneficial ownership interests in any such Global Security or for maintaining, supervising or reviewing any records relating to such beneficial ownership interests.  The Company, the Trustee, any Paying Agent, the Security Registrar, or any other agent of the Company or the Trustee shall be entitled to deal with the Depositary, and any nominee thereof, that is the registered holder of any Global Security for all purposes of this Indenture relating to such Global Security (including the payment of principal, premium, if any, and interest and additional amounts, if any, and the giving of instructions or directions by or to the owner or holder of a beneficial ownership interest in such Global Security) as the sole holder of such Global Security and shall have no obligations to the beneficial owners thereof.  None of the Trustee, the Paying Agent or the Security Registrar shall have any responsibility or liability for any acts or omissions of the Depositary with respect to such Global Security, for the records of any such depositary, including records in respect of beneficial ownership interests in respect of any such Global Security, for any transactions between the Depositary and any Depositary participant or between or among the Depositary, any such Depositary participant and/or any holder or owner of a beneficial interest in such Global Security, or for any transfers of beneficial interests in any such Global Security.    
Section 3.9.    Cancellation. 
All Securities surrendered for payment, conversion, redemption, registration of transfer or exchange, or for credit against any sinking fund payment shall, if surrendered to any Person other than the Trustee, be delivered to the Trustee and shall be promptly cancelled by it.  The Company may at any time deliver to the Trustee for cancellation any Securities previously authenticated and delivered which the Company may have acquired in any manner whatsoever, and may deliver to the Trustee (or to any other Person for delivery to the Trustee) for

	
			
	 
	25
	 

cancellation any Securities previously authenticated which the Company has not issued and sold, and all Securities so delivered shall be promptly cancelled by the Trustee.  No Securities shall be authenticated in lieu of or in exchange for any Securities cancelled as provided in this Section, except as expressly permitted by this Indenture.  All cancelled Securities held by the Trustee shall be disposed of by the Trustee in accordance with its then customary procedures. 
Section 3.10.    Computation of Interest. 
Except as otherwise specified as contemplated by Section 3.1 for Securities of any series, interest on the Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months. 
Section 3.11.    CUSIP Numbers. 
The Company in issuing the Securities may use “CUSIP”, “ISIN” or other similar numbers (if then generally in use), and, if so, the Trustee shall use “CUSIP”, “ISIN” or other similar numbers in notices of redemption as a convenience to Holders; provided that any such notice may state that no representation is made as to the correctness of such numbers either as printed on the Securities or as contained in any notice of a redemption and that reliance may be placed only on the other identification numbers printed on the Securities, and any such redemption shall not be affected by any defect in or omission of such numbers.  The Company shall promptly notify the Trustee in writing of any change in “CUSIP”, “ISIN” or other similar numbers. 
ARTICLE IV 
Satisfaction and Discharge 
Section 4.1.    Satisfaction and Discharge of Indenture. 
This Indenture shall upon Company Request cease to be of further effect (except as to any surviving rights of registration of transfer or exchange of Securities expressly provided for in this Indenture), and the Trustee, at the expense of the Company, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture, when 
		
	(1)
	either: 

		
	(A)
	all Securities previously authenticated and delivered (other than (i) Securities which have been destroyed, lost, or stolen and which have been replaced or paid as provided in Section 3.6 and (ii) Securities for whose payment money has previously been deposited in trust or segregated and held in trust by the Company 

	
			
	 
	26
	 

and thereafter repaid to the Company or discharged from such trust, as provided in Section 10.3) have been delivered to the Trustee for cancellation; or 
		
	(B)
	all such Securities not previously delivered to the Trustee for cancellation 

		
	(i)
	have become due and payable, or 

		
	(ii)
	will become due and payable at their Stated Maturity within one year, or 

		
	(iii)
	are to be called for redemption within one year under arrangements satisfactory to the Trustee for the giving of notice of redemption by the Trustee in the name, and at the expense, of the Company, 

and the Company, in the case of (i), (ii) or (iii) above, has deposited or caused to be deposited with the Trustee as trust funds in trust for the purpose an amount sufficient to pay and discharge the entire indebtedness on such Securities not previously delivered to the Trustee for cancellation (other than Securities which have been destroyed, lost, or stolen and which have been replaced or paid as provided in Section 3.6), for principal and any premium and interest to the date of such deposit (in the case of Securities which have become due and payable) or to the Stated Maturity or Redemption Date, as the case may be; 
		
	(2)
	the Company has paid or caused to be paid all other sums payable by the Company under this Indenture; and 

		
	(3)
	the Company has delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that all conditions precedent provided for in this Indenture relating to the satisfaction and discharge of this Indenture have been complied with. 

Notwithstanding the satisfaction and discharge of this Indenture, the obligations of the Company to the Trustee under Section 6.7, the obligations (if any) of the Company to any Authenticating Agent under Section 6.14 and, if money shall have been deposited with the Trustee pursuant to subclause (B) of Clause (1) of this Section, the obligations of the Trustee under Section 4.2 and the last paragraph of Section 10.3 shall survive. 
In the event Securities of two or more series were at any time issued under this Indenture, the Trustee shall be required to execute an instrument acknowledging satisfaction and discharge of this Indenture only if requested to do so with respect to the Securities of all series as to which it is Trustee and if the conditions of satisfaction and discharge of this Indenture contained in this Section 4.1 in respect of such Securities have been satisfied.  In the event there are two or more 

	
			
	 
	27
	 

Trustees under this Indenture,  the effectiveness of any such instrument shall be conditioned upon receipt of such instruments from all such Trustees. 
Section 4.2    Application of Trust Money. 
Subject to the provisions of the last paragraph of Section 10.3, all money deposited with the Trustee pursuant to Section 4.1 shall be held in trust and applied by it, in accordance with the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may determine, to the Persons entitled to such money, of the principal and any premium and interest for whose payment such money has been deposited with the Trustee. 
ARTICLE V 
Remedies 
Section 5.1.    Events of Default. 
“Events of Default”, wherever used in this Indenture with respect to Securities of any series, means any one of the following events (whatever the reason for such Event of Default, whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree, or order of any court or any order, rule, or regulation of any administrative or governmental body): 
		
	(1)
	default in the payment of any interest upon any Security of that series when it becomes due and payable, and continuance of such default for a period of 30 days;

		
	(2)
	default in the payment of the principal of (or premium, if any, on) any Security of that series at its Maturity;

		
	(3)
	default in the deposit of any sinking fund payment, when and as due by the terms of a Security of that series, and continuance of such default for a period of 30 days; 

		
	(4)
	default in the performance, or breach, of any covenant or warranty of the Company in this Indenture (other than a covenant or warranty a default in whose performance or whose breach is elsewhere in this Section 5.1 specifically dealt with or which has expressly been included in this Indenture solely for the benefit of series of Securities other than that series), and continuance of such default or breach (without such default or breach having been waived in accordance of the provisions of this Indenture) for a period of 90 days after there has been given, by registered or certified mail, to the Company by the Trustee or to the Company and the Trustee by the Holders of at least 25% in principal amount of the Outstanding Securities of that series a written notice specifying such 

	
			
	 
	28
	 

default or breach and requiring it to be remedied and stating that such notice is a “Notice of Default” hereunder;
		
	(5)
	the entry of a decree or order for relief in respect of the Company by a court having jurisdiction in the premises in an involuntary case under any applicable bankruptcy, insolvency, or reorganization law, now or hereafter in effect of the United States of America or any political subdivision thereof, and such decree or order shall have continued unstayed and in effect for a period of 60 consecutive days; or 

		
	(6)
	the commencement by the Company of a voluntary case under any applicable bankruptcy, insolvency, or reorganization law, now or hereafter in effect of the United States of America or any political subdivision thereof, or the consent by the Company to the entry of a decree or order for relief in an involuntary case under any such law; 

		
	(7)
	default in the delivery of any shares of common stock of the Company, together with cash in lieu of any fractional shares, or any other securities or property (including cash) when required to be delivered upon conversion of any convertible Security of such series or upon the exchange of any Security of such series which is exchangeable for other securities or property, and continuance of such default for a period of 10 days; or

		
	(8)
	any other Event of Default with respect to Securities of that series. 

Section 5.2. Acceleration of Maturity; Rescission and Annulment. 
If an Event of Default with respect to Securities of any series then Outstanding shall have occurred and be continuing, then, in each and every such case, the Trustee or the Holders of not less than 25% principal amount of the Outstanding Securities of that series may declare the principal amount (or, if any of the Securities of that series are Original Issue Discount Securities, such portion of the principal amount of such Securities as may be specified in the terms thereof) of all of the Securities of that series to be due and payable immediately, by a notice in writing to the Company (and to the Trustee if given by Holders), and upon any such declaration such principal amount (or specified amount) shall become immediately due and payable.  
At any time after such a declaration of acceleration with respect to Securities of any series has been made and before a judgment or decree for payment of the money due has been obtained by the Trustee as hereinafter in this Article provided, the Holders of a majority in principal amount of the Outstanding Securities of that series, by written notice to the Company and the Trustee, may rescind and annul such declaration and the consequences of the Event of Default if: 

	
			
	 
	 
	 

.

		
	(1)
	the Company has paid or deposited with the Trustee a sum sufficient to pay (A) all overdue interest on all Securities of that series, (B) the principal of (and premium, if any, on) any Securities of all affected series which have become due otherwise than by such declaration of acceleration and any interest on such Securities at the rate or rates prescribed in such Securities, (C) to the extent that payment of such interest is lawful, interest upon overdue interest at the rate or rates prescribed in such Securities, and (D) all sums paid or advanced by the Trustee under this Indenture and the reasonable compensation, expenses, disbursements, and advances of the Trustee, its agents, and counsel;

and 
		
	(2)
	all Events of Default with respect to Securities of all affected series, other than the non-payment of the principal of Securities of the affected series which has become due solely by such declaration of acceleration, have been cured or waived as provided in Section 5.13. 

No such rescission shall affect any subsequent default or impair any consequent right. 
For all purposes under this Indenture, if a portion of the principal of any Original Issue Discount Securities shall have been accelerated and declared due and payable pursuant to the provisions of this Indenture, then, from and after the date of such Event of Default, unless such Event of Default has been rescinded and annulled as provided above, the principal amount of such Original Issue Discount Securities shall be deemed, for all purposes under this Indenture, to be such portion of the principal as shall be due and payable as a result of such acceleration, and the payment of such portion of the principal as shall be due and payable as a result of such acceleration, together with interest, if any, on such portion and all other amounts owing under such Original Issue Discount Security, shall constitute payment in full of such Original Issue Discount Securities. 
Section 5.3.    Collection of Indebtedness and Suits for Enforcement by Trustee. 
The Company covenants that if: 
		
	(1)
	default is made in the payment of any interest on any Security when such interest becomes due and payable and such default continues for a period of 30 days, or

		
	(2)
	default is made in the payment of the principal of (or premium, if any, on) any Security at its Maturity, or

		
	(3)
	default is made in the making or satisfaction of any sinking fund or analogous obligation when the same becomes due pursuant to the terms of any Security,

	
			
	 
	30
	 

the Company will, upon demand of the Trustee, pay to it, for the benefit of the Holders of such Securities, the whole amount then due and payable on such Securities for principal and any premium and interest and, to the extent that payment of such interest shall be legally enforceable, interest on any overdue principal and premium and on any overdue interest, at the rate or rates prescribed in such Securities, and, in addition, such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements, and advances of the Trustee, its agents, and counsel. 
If the Company fails to pay such amounts immediately upon such demand, the Trustee, in its own name and as trustee of an express trust, may institute a judicial proceeding for the collection of the sums so due and unpaid, may prosecute such proceeding to judgment or final decree, and may enforce the same against the Company or any other obligor upon such Securities and collect the moneys adjudged or decreed to be payable in the manner provided by law out of the property of the Company or any other obligor upon such Securities, wherever situated. 
If an Event of Default with respect to Securities of any series occurs and is continuing, the Trustee may in its discretion proceed to protect and enforce its rights and the rights of the Holders of Securities of such series by such appropriate judicial proceedings as the Trustee shall deem most effectual to protect and enforce any such rights, whether for the specific enforcement of any covenant or agreement in this Indenture or in aid of the exercise of any power granted in this Indenture, or to enforce any other proper remedy. 
Section 5.4.    Trustee May File Proofs of Claim. 
In case of any judicial proceeding relative to the Company (or any other obligor upon the Securities), its property, or its creditors, the Trustee shall be entitled and empowered, by intervention in such proceeding or otherwise, to take any and all actions authorized under the Trust Indenture Act in order to have claims of the Holders and the Trustee allowed in any such proceeding. In particular, the Trustee shall be authorized to collect and receive any moneys or other property payable or deliverable on any such claims and to distribute the same; and any custodian, receiver, assignee, trustee, liquidator, sequestrator, or other similar official in any such judicial proceeding is authorized by each Holder to make such payments to the Trustee and, in the event that the Trustee shall consent to the making of such payments directly to the Holders, to pay to the Trustee any amount due it for the reasonable compensation, expenses, disbursements, and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section 6.7. 
No provision of this Indenture shall be deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Holder any plan of reorganization, arrangement, adjustment, or composition affecting the Securities or the rights of any Holder or to authorize the 

	
			
	 
	31
	 

Trustee to vote in respect of the claim of any Holder in any such proceeding; provided, however, the Trustee may vote on behalf of the Holders for the election of a trustee in bankruptcy or similar official and may be a member of a creditors, or other similar committee. 
Section 5.5.    Trustee May Enforce Claims Without Possession of Securities. 
All rights of action and claims under this Indenture or the Securities may be prosecuted and enforced by the Trustee without the possession of any of the Securities or the production of such Securities in any related proceeding, and any such proceeding instituted by the Trustee shall be brought in its own name as trustee of an express trust, and any recovery of judgment shall, after provision for the payment of the reasonable compensation, expenses, disbursements, and advances of the Trustee, its agents, and counsel, be for the ratable benefit of the Holders of the Securities in respect of which such judgment has been recovered. 
Section 5.6.    Application of Money Collected. 
Any money collected by the Trustee pursuant to this Article or, after an Event of Default, any money or other property distributable in respect of the Company’s obligations under this Indenture shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal or any premium or interest, upon presentation of the Securities and the notation on such Securities of the payment if only partially paid and upon surrender of such Securities if fully paid: 
FIRST: To the payment of all amounts due the Trustee (including any predecessor trustee) under Section 6.7; 
SECOND: To the payment of the amounts then due and unpaid for principal of and any premium and interest on the Securities in respect of which or for the benefit of which such money has been collected, ratably, without preference or priority of any kind, according to the amounts due and payable on such Securities for principal and any premium and interest, respectively; and
THIRD: To the Company. 
Section 5.7.    Limitation on Suits. 
No Holder of any Security of any series shall have any right to institute any proceeding, judicial or otherwise, with respect to this Indenture, or for the appointment of a receiver or trustee, or for any other remedy under this Indenture, unless: 
		
	(1)
	such Holder has previously given written notice to the Trustee of a continuing Event of Default with respect to the Securities of that series; 

	
			
	 
	32
	 

		
	(2)
	the Holders of not less than 25% in principal amount of the Outstanding Securities of that series shall have made written request to the Trustee to institute proceedings in respect of such Event of Default in its own name as Trustee under the Indenture; 

		
	(3)
	such Holder or Holders have offered to the Trustee indemnity reasonably satisfactory to the Trustee against the costs, expenses, and liabilities to be incurred in compliance with such request;

		
	(4)
	the Trustee for 60 days after its receipt of such notice, request, and offer of indemnity has failed to institute any such proceeding; and 

		
	(5)
	no direction inconsistent with such written request has been given to the Trustee during such 60-day period by the Holders of a majority in principal amount of the Outstanding Securities of that series; 

it being understood and intended that no one or more of such Holders shall have any right in any manner whatever by virtue of, or by availing of, any provision of this Indenture to affect, disturb, or prejudice the rights of any other of such Holders, or to obtain or to seek to obtain priority or preference over any other of such Holders or to enforce any right under this Indenture, except in the manner provided in this Indenture and for the equal and ratable benefit of all of such Holders. 
Section 5.8.    Unconditional Right of Holders to Receive Principal, Premium, and Interest    . 
Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal of and any premium and (subject to Section 3.7) any interest on such Security on the Stated Maturity or Maturities expressed in such Security (or, in the case of redemption, on the Redemption Date), and to institute suit for the enforcement of any such payment and such rights shall not be impaired without the consent of such Holder. 
Section 5.9.    Restoration of Rights and Remedies. 
If the Trustee or any Holder has instituted any proceeding to enforce any right or remedy under this Indenture and such proceeding has been discontinued or abandoned for any reason, or has been determined adversely to the Trustee or to such Holder, then and in every such case, subject to any determination in such proceeding, the Company, the Trustee and the Holders shall be restored severally and respectively to their former positions under this Indenture and thereafter all rights and remedies of the Trustee and the Holders shall continue as though no such proceeding had been instituted. 

	
			
	 
	33
	 

Section 5.10. Rights and Remedies Cumulative. 
Except as otherwise provided with respect to the replacement or payment of mutilated, destroyed, lost, or stolen Securities in the last paragraph of Section 3.6, no right or remedy conferred in this Indenture upon or reserved to the Trustee or to the Holders is intended to be exclusive of any other right or remedy, and every right and remedy shall, to the extent permitted by law, be cumulative and in addition to every other right and remedy given under this Indenture or now or in the future existing at law or in equity or otherwise. The assertion or employment of any right or remedy under this Indenture, or otherwise, shall not prevent the concurrent assertion or employment of any other appropriate right or remedy. 
Section 5.11.    Delay or Omission Not Waiver. 
No delay or omission of the Trustee or of any Holder of any Securities to exercise any right or remedy accruing upon any Event of Default shall impair any such right or remedy or constitute a waiver of or acquiescence in any such Event of Default. Every right and remedy given by this Article or by law to the Trustee or to the Holders may be exercised from time to time, and as often as may be deemed expedient, by the Trustee or by the Holders, as the case may be. 
Section 5.12.    Control by Holders. 
The Holders of a majority in principal amount of the Outstanding Securities of any series shall have the right to direct the time, method, and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee, with respect to the Securities of such series, provided that 
		
	(1)
	such direction shall not be in conflict with any rule of law or with this Indenture, 

		
	(2)
	the Trustee may take any other action deemed proper by the Trustee which is not inconsistent with such direction, and 

		
	(3)
	the Trustee shall have the right to decline to follow any such direction if the Trustee in good faith shall, by a Responsible Officer or Officers of the Trustee, determine that the proceeding so directed would involve the Trustee in personal liability. 

Section 5.13.    Waiver of Past Defaults. 
Subject to Section 5.2, the Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default under this Indenture with respect to such series and its consequences, except a default (1) in the payment of the principal of or any premium or interest 

	
			
	 
	 
	 

.

on any Security of such series, or (2) in respect of a covenant or provision of this Indenture which under Article IX cannot be modified or amended without the consent of the Holder of each Outstanding Security of such affected series. 
Upon any such waiver, such default shall cease to exist, and any Event of Default arising from such default shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any consequent right. 
Section 5.14.    Undertaking for Costs    . 
All parties to this Indenture agree, and each Holder of any Securities by his acceptance of such Securities shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Trustee for any action taken, suffered, or omitted by it as Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorney’s fees and expenses, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; but the provisions of this Section 5.14 shall not apply to any suit instituted by the Company, to any suit instituted by the Trustee, to any suit instituted by any Holder, or group of Holders, holding in the aggregate more than 10% in principal amount of the outstanding Securities of any series, or to any suit instituted by any Holder for the enforcement of the payment of the principal of (or premium, if any) or interest on any Securities on or after the Stated Maturity or Maturities expressed in such Securities (or, in the case of redemption, on or after the Redemption Date). 
ARTICLE VI 
The Trustee 
Section 6.1.    Certain Duties and Responsibilities. 
(a)    Except during the continuance of an Event of Default,
(1)    the Trustee undertakes to perform such duties and only such duties as are specifically set forth in this Indenture, and no implied covenants or obligations shall be read into this Indenture against the Trustee; and
(2)    in the absence of bad faith on its part, the Trustee may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture; but in the case of any such certificates or opinions which by any provision hereof are specifically required to be furnished to the Trustee, the Trustee shall be under a duty to examine the same to determine whether or not they conform to the requirements of this Indenture (but need not 

	
			
	 
	 
	 

.

confirm or investigate the accuracy of mathematical calculations or other facts, statements, opinions or conclusions stated therein).
(b)    In case an Event of Default has occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.
(c)    No provision of this Indenture shall be construed to relieve the Trustee from liability for its own negligent action, its own negligent failure to act, or its own willful misconduct, except that
(1)    this Subsection (c) shall not be construed to limit the effect of Subsections (a) or (d) of this Section;
(2)    the Trustee shall not be liable for any error of judgment made in good faith by a Responsible Officer, unless it shall be proved that the Trustee was negligent in ascertaining the pertinent facts; and
(3)    the Trustee shall not be liable with respect to any action taken or omitted to be taken by it in good faith in accordance with the direction of the Holders of a majority in principal amount of the Outstanding Securities of any series, determined as provided herein, relating to the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred upon the Trustee, under this Indenture with respect to the Securities of such series.
(d)    No provision of this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur any financial liability in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers, if it shall have reasonable grounds for believing that repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it.
(e)    Whether or not therein expressly so provided, every provision of this Indenture relating to the conduct or affecting the liability of or affording protection to the Trustee shall be subject to the provisions of this Section 6.1.
Section 6.2.    Notice of Defaults. 
Within 90 days after the occurrence of any default hereunder with respect to the Securities of any series, the Trustee shall transmit by first-class mail, postage prepaid, to all Holders of Securities of such series, as their names and addresses appear in the Security Register (or in case that a Depositary (or a nominee thereof) is a Holder of Securities issued in the form of Global Securities, then with respect to such Securities give by electronic, email or other means as such be acceptable to such Depositary), notice of such default hereunder known to the Trustee, unless such default shall have been cured or waived; provided, however, that except in the case of default in the payment of the principal of or the interest on any of the Securities of such series,

	
			
	 
	36
	 

 or in the payment of any sinking fund installment or analogous payment on such series, the Trustee shall be protected in withholding such notice if and so long as the board of directors or trustees or a committee comprised of Responsible Officers of the Trustee in good faith determines that the withholding of such notice is in the interests of the Holders of such series.  For the purpose of this Section, the term “default” means any event which is, or after notice or lapse of time or both would become, an Event of Default with respect to Securities of such series. 
Section 6.3.    Certain Rights of Trustee. 
Subject to the provisions of Section 6.1: 
		
	(a)
	the Trustee may conclusively rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness, or other paper or document believed by it to be genuine and to have been signed or presented by the proper party or parties; 

		
	(b)
	any request or direction of the Company mentioned in this Indenture shall be sufficiently evidenced by a Company Request or Company Order and any resolution of the Board of Directors may be sufficiently evidenced by a Board Resolution; 

		
	(c)
	whenever in the administration of this Indenture the Trustee shall deem it desirable that a matter be proved or established prior to taking, suffering, or omitting any action under this Indenture, the Trustee (unless other evidence be specifically prescribed in this Indenture) may, in the absence of bad faith on its part, conclusively rely upon an Officers’ Certificate; 

		
	(d)
	the Trustee may consult with counsel of its selection and the advice of such counsel or any Opinion of Counsel shall be full and complete authorization and protection in respect of any action taken, suffered, or omitted by it under this Indenture in good faith and in reliance on such advice or Opinion of Counsel; 

		
	(e)
	the Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request or direction of any of the Holders pursuant to this Indenture, unless such Holders shall have offered to the Trustee reasonable security or indemnity satisfactory to the Trustee against the costs, expenses, and liabilities which might be incurred by it in compliance with such request or direction; 

		
	(f)
	the Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, 

	
			
	 
	37
	 

direction, consent, order, bond, debenture, note, other evidence of indebtedness, or other paper or document, but the Trustee, in its discretion, may make such further inquiry or investigation into such facts or matters as it may see fit, and, if the Trustee shall determine to make such further inquiry or investigation, it shall be entitled to examine the books, records, and premises of the Company, personally or by agent or attorney at the sole cost of the Company and shall incur no liability or additional liability of any kind by reason of such inquiry or investigation; 
		
	(g)
	the Trustee may execute any of the trusts or powers or perform any duties under this Indenture either directly or by or through agents or attorneys and the Trustee shall not be responsible for any misconduct or negligence on the part of any agent or attorney appointed with due care by it; 

		
	(h)
	the Trustee shall not be liable for any action taken, suffered, or omitted to be taken by it in good faith and reasonably believed by it to be authorized or within the discretion or rights or powers conferred upon it by this Indenture; 

		
	(i)
	the Trustee shall not be charged with knowledge of any default or Event of Default with respect to the Securities unless written notice of such default or Event of Default shall have been given to a Responsible Officer of the Trustee at the Corporate Trust Office of the Trustee by the Company or by any Holder of the Securities, and such notice references the Securities and this Indenture;

		
	(j)
	the permissive rights of the Trustee enumerated herein shall not be construed as duties;

		
	(k)
	the rights, privileges, protections, immunities and benefits given to the Trustee, including, without limitation, its right to be indemnified, are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder, and each agent, custodian and other Person employed to act hereunder;

		
	(l)
	the Trustee may request that the Company deliver a certificate setting forth the names of individuals and/or titles of officers authorized at such time to take specified actions pursuant to this Indenture, which certificate may be signed by any person authorized to sign an Officers’ Certificate, including any person specified as so authorized in any such certificate previously delivered and not superseded;

		
	(m)
	anything in this Indenture notwithstanding, in no event shall the Trustee be liable for special, indirect, punitive or consequential loss or damage of any kind whatsoever (including but not limited to loss of profit), even if the Trustee has been advised as to the likelihood of such loss or damage and regardless of the form of action; and

	
			
	 
	38
	 

		
	(n)
	the Trustee shall not be responsible or liable for any failure or delay in the performance of its obligations under this Indenture arising out of or caused, directly or indirectly, by circumstances beyond its control, including, without limitation, any provision of any law or regulation or any act of any governmental authority, acts of God; earthquakes; fire; flood; terrorism; wars and other military disturbances; sabotage; epidemics; riots; interruptions; loss or malfunctions of utilities, computer (hardware or software) or communication services; accidents; labor disputes; acts of civil or military authority and governmental action. 

Section 6.4.    Not Responsible for Recitals or Issuance of Securities. 
The recitals contained in this Indenture and in the Securities, except the Trustee’s certificates of authentication, shall be taken as the statements of the Company, and the Trustee or any Authenticating Agent assumes no responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Securities. The Trustee or any Authenticating Agent shall not be accountable for the use or application by the Company of Securities or the proceeds from such Securities. The Trustee shall not be responsible to make any calculation with respect to any matter under this Indenture.  The Trustee shall have no duty to monitor or investigate the Company’s compliance with or the breach of, or cause to be performed or observed, any representation, warranty, or covenant, or agreement of any Person, other than the Trustee, made in this Indenture.
Section 6.5.    May Hold Securities. 
The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar, or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and, subject to Sections 6.8 and 6.13, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar, or such other agent. 
Section 6.6.    Money Held in Trust. 
Money held by the Trustee in trust under this Indenture need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any money received by it under this Indenture except as otherwise agreed in writing with the Company.

	
			
	 
	39
	 

Section 6.7.    Compensation and Reimbursement. 
The Company agrees: 
		
	(1)
	to pay to the Trustee from time to time such compensation as shall be agreed in writing between the Company and the Trustee for all services rendered by it under this Indenture (which compensation shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust); 

		
	(2)
	except as otherwise expressly provided in this Indenture, to reimburse the Trustee upon its request for all reasonable expenses, disbursements, and advances incurred or made by the Trustee in accordance with any provision of this Indenture (including the reasonable compensation and the expenses and disbursements of its agents and counsel), except any such expense, disbursement, or advance as may be attributable to its gross negligence or willful misconduct; and

		
	(3)
	to indemnify each of the Trustee and any predecessor Trustee and their officers, agents, directors and employees for, and to hold them harmless against, any and all loss, damage, claim, liability, or expense, including fees and expenses of counsel and including taxes (other than taxes based upon, measured by or determined by the income of the Trustee),  incurred without gross negligence or willful misconduct on their part, arising out of or in connection with the acceptance or administration of the trust or trusts under this Indenture, including the costs and expenses of defending itself against any claim (whether asserted by the Company, or any Holder or any other Person) or liability in connection with the exercise or performance of any of its powers or duties under this Indenture, or in connection with enforcing the provisions of this Section. 

To secure the Company’s obligations under this Section, the Trustee shall have a lien prior to the Securities upon all money or property held or collected by the Trustee in its capacity as Trustee, except for such money and property which is held in trust to pay principal (and premium, if any) or interest on particular Securities; 
In addition to, and without prejudice to its other rights under this Indenture, when the Trustee incurs any expenses or renders any services after the occurrence of an Event of Default specified in Section 5.1(1) or (2), such expenses (including the fees and expenses of its counsel) and the compensation for such services are intended to constitute expenses of administration under the United States Bankruptcy Code (Title 11 of the United States Code) or any similar Federal or State law for the relief of debtors; and 

	
			
	 
	40
	 

The provisions of this Section 6.7 shall survive the satisfaction and discharge of the Indenture, the resignation or removal of the Trustee and the termination for any reason of this Indenture.
“Trustee” for purposes of this Section shall include any predecessor Trustee; provided, however, that the negligence, willful misconduct or bad faith of any Trustee hereunder shall not affect the rights of any other Trustee hereunder.
Section 6.8.    Disqualification; Conflicting Interests. 
If the Trustee has or shall acquire a conflicting interest within the meaning of Section 310(b) of the Trust Indenture Act, the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture.  For the purpose of the second paragraph of Section 310(b) of the Trust Indenture Act, the phrase “default (as such term is defined in such indenture, but exclusive of any period of grace or requirement of notice)” is hereby defined to mean any event which is, or after notice or lapse of time or both would become, an Event of Default.  To the extent permitted by the Trust Indenture Act, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Securities of more than one series.
Section 6.9.    Corporate Trustee Required; Eligibility. 
There shall at all times be a Trustee under this Indenture which shall be a Person that is eligible pursuant to the Trust Indenture Act to act as such and has a combined capital and surplus of at least $50,000,000. If such Person publishes reports of condition at least annually, pursuant to law or to the requirements of its supervising or examining authority, then for the purposes of this Section (and to the extent permitted by the Trust Indenture Act), the combined capital and surplus of such Person shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Trustee shall cease to be eligible in accordance with the provisions of this Section, it shall resign immediately in the manner and with the effect specified in this Article. 
Section 6.10.    Resignation and Removal; Appointment of Successor. 
		
	(a)
	No resignation or removal of the Trustee and no appointment of a successor Trustee pursuant to this Article shall become effective until the acceptance of appointment by the successor Trustee in accordance with the applicable requirements of Section 6.11. 

		
	(b)
	The Trustee may resign at any time with respect to the Securities of one or more series by giving written notice of such resignation to the Company. 

	
			
	 
	41
	 

		
	(c)
	The Trustee may be removed at any time with respect to the Securities of any series by Act of the Holders of a majority in principal amount of the Outstanding Securities of such series, delivered to the Trustee and to the Company. 

		
	(d)
	If at any time: 

		
	(1)
	the Trustee shall fail to comply with Section 6.8 after written request for such compliance by the Company or by any Holder who has been a bona fide Holder of a Security for at least six months, or 

		
	(2)
	the Trustee shall cease to be eligible under Section 6.9 and shall fail to resign after written request by the Company or by any such Holder, or 

		
	(3)
	the Trustee shall become incapable of acting or shall be adjudged a bankrupt or insolvent or a receiver of the Trustee or of its property shall be appointed or any public officer shall take charge or control of the Trustee or of its property or affairs for the purpose of rehabilitation, conservation, or liquidation, 

then, in any such case, (i) the Company by a Board Resolution may remove the Trustee with respect to all Securities, or (ii) subject to Section 5.14, any Holder who has been a bona fide Holder of a Security for at least six months may, on behalf of himself and all others similarly situated, petition any court of competent jurisdiction for the removal of the Trustee with respect to all Securities and the appointment of a successor Trustee or Trustees. 
		
	(e)
	If the instrument of acceptance by a successor Trustee required by Section 6.11 shall not have been delivered to the Trustee within 30 days after the giving of such notice of resignation or removal, the Trustee resigning or being removed may petition any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series. 

		
	(f)
	If the Trustee shall resign, be removed, or become incapable of acting, or if a vacancy shall occur in the office of Trustee for any cause, with respect to the Securities of one or more series, the Company, by a Board Resolution, shall promptly appoint a successor Trustee or Trustees with respect to the Securities of that or those series (it being understood that any such successor Trustee may be appointed with respect to the Securities of one or more or all of such series and that at any time there shall be only one Trustee with respect to the Securities of any particular series) and shall comply with the applicable requirements of Section 6.11. If, within one year after such resignation, removal, or incapability, or the occurrence of such vacancy, a successor Trustee with respect to the Securities of any series shall be appointed by Act of the Holders of a 

	
			
	 
	42
	 

majority in principal amount of the Outstanding Securities of such series delivered to the Company and the retiring Trustee, the successor Trustee so appointed shall, immediately upon its acceptance of such appointment in accordance with the applicable requirements of Section 6.11, become the successor Trustee with respect to the Securities of such series and to that extent supersede the successor Trustee appointed by the Company.  If no successor Trustee with respect to the Securities of any series shall have been so appointed by the Company or the Holders and accepted appointment in the manner required by Section 6.11, any Holder who has been a bona fide Holder of a Security of such series for at least six months may, on behalf of himself and all others similarly situated, petition any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series. 
		
	(g)
	The Company shall give notice of each resignation and each removal of the Trustee with respect to the Securities of any series and each appointment of a successor Trustee with respect to the Securities of any series to all Holders of Securities of such series in the manner provided in Section 1.6.  Each notice shall include the name of the successor Trustee with respect to the Securities of such series and the address of its Corporate Trust Office. 

Section 6.11.    Acceptance of Appointment by Successor. 
		
	(a)
	In case of the appointment of a successor Trustee under this Indenture with respect to all Securities, every such successor Trustee so appointed shall execute, acknowledge, and deliver to the Company and to the retiring Trustee an instrument accepting such appointment. Upon such delivery, the resignation or removal of the retiring Trustee shall become effective and such successor Trustee, without any further act, deed, or conveyance, shall become vested with all the rights, powers, trusts, and duties of the retiring Trustee; but, on the request of the Company or the successor Trustee, such retiring Trustee shall, upon payment of its charges and all other amounts payable to it hereunder, execute and deliver an instrument transferring to such successor Trustee all the rights, powers, and trusts of the retiring Trustee and shall duly assign, transfer, and deliver to such successor Trustee all property and money held by such retiring Trustee under this Indenture, subject nevertheless to its lien provided for in Section 6.7. 

		
	(b)
	In case of the appointment under this Indenture of a successor Trustee with respect to the Securities of one or more (but not all) series, the Company, the retiring Trustee, and each successor Trustee with respect to the Securities of one or more series shall execute and deliver a supplemental indenture wherein each successor Trustee shall accept such appointment and which (1) shall contain such provisions as shall be necessary or desirable to transfer and confirm to, and to vest in, each successor Trustee all the rights, 

	
			
	 
	43
	 

powers, trusts, and duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor Trustee relates, (2) if the retiring Trustee is not retiring with respect to the Securities of all series, shall contain such provisions as shall be deemed necessary or desirable to confirm that all the rights, powers, trusts, and duties of the retiring Trustee with respect to the Securities of that or those series as to which the retiring Trustee is not retiring shall continue to be vested in the retiring Trustee, and (3) shall add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts under this Indenture by more than one Trustee, it being understood that nothing in this Indenture or in such supplemental indenture shall constitute such Trustees cotrustees of the same trust and that each such Trustee shall be trustee of a trust or trusts under this Indenture separate and apart from any trust or trusts under this Indenture administered by any other such Trustee; and, upon the execution and delivery of such supplemental indenture, the resignation or removal of the retiring Trustee shall become effective to the extent provided in such supplemental indenture and each such successor Trustee, without any further act, deed, or conveyance, shall become vested with all the rights, powers, trusts, and duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor Trustee relates; and such retiring Trustee shall duly assign, transfer, and deliver to such successor Trustee all property and money held by such retiring Trustee under this Indenture with respect to the Securities of that or those series to which the appointment of such successor Trustee relates, subject nevertheless to its lien provided for in Section 6.7. 
		
	(c)
	Upon request of any such successor Trustee, the Company shall execute any and all instruments for more fully and certainly vesting in and confirming to such successor Trustee all such rights, powers, and trusts referred to in paragraph (a) and (b) of this Section, as the case may be. 

		
	(d)
	No successor Trustee shall accept its appointment unless at the time of such acceptance such successor Trustee shall be qualified and eligible under this Article. 

Section 6.12.    Merger, Conversion, Consolidation, or Succession to Business. 
Any Person into which the Trustee may be merged or converted or with which it may be consolidated, or any Person resulting from any merger, conversion, or consolidation to which the Trustee shall be a party, or any Person succeeding to all or substantially all the corporate trust business of the Trustee, shall be the successor of the Trustee under this Indenture, provided such Person shall be otherwise qualified and eligible under this Article, without the execution or filing of any paper or any further act on the part of any of the parties to this Indenture. In case any Securities shall have been authenticated, but not delivered, by the Trustee then in office, any 

	
			
	 
	44
	 

successor by merger, conversion, or consolidation to such authenticating Trustee may adopt such authentication and deliver the Securities so authenticated with the same effect as if such successor Trustee had itself authenticated such Securities. 
Section 6.13.    Preferential Collection of Claims Against Company. 
If and when the Trustee shall be or become a creditor of the Company or any other obligor upon the Securities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Act), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company or any such other obligor. For purposes of Section 311(b) of the Trust Indenture Act:
(A)   the term "cash transaction" means any transaction in which full payment for goods or securities sold is made within seven days after delivery of the goods or securities in currency or in checks or other orders drawn upon banks or bankers and payable upon demand; and
(B)  the term "self-liquidating paper" means any draft, bill of exchange, acceptance or obligation which is made, drawn, negotiated or incurred by the Company or such obligor for the purpose of financing the purchase, processing, manufacturing, shipment, storage or sale of goods, wares or merchandise and which is secured by documents evidencing title to, possession of, or a lien upon, the goods, wares or merchandise or the receivables or proceeds arising from the sale of the goods, wares or merchandise previously constituting the security, provided the security is received by the Trustee simultaneously with the creation of the creditor relationship with the Company or such obligor arising from the making, drawing, negotiating or incurring of the draft, bill of exchange, acceptance or obligation.
Section 6.14.    Appointment of Authenticating Agent. 
The Trustee may appoint an Authenticating Agent or Agents (which may be an affiliate of the Company) with respect to one or more series of Securities which shall be authorized to act of behalf of the Trustee to authenticate Securities of such series issued upon original issue and upon exchange, registration of transfer, or partial redemption or conversion, or pursuant to Section 3.6, and Securities so authenticated shall be entitled to the benefits of this Indenture and shall be valid and obligatory for all purposes as if authenticated by the Trustee. Wherever reference is made in this Indenture to the authentication and delivery of Securities by the Trustee or the Trustee’s certificate of authentication, such reference shall be deemed to include authentication and delivery on behalf of the Trustee by an Authenticating Agent and a certificate of authentication executed on behalf of the Trustee by an Authenticating Agent. Each 

	
			
	 
	45
	 

Authenticating Agent shall be acceptable to the Company and shall at all times be a corporation organized and doing business under the laws of the United States of America, any of its states, or the District of Columbia, authorized under such laws to act as Authenticating Agent, having a combined capital and surplus of not less than $50,000,000 and subject to supervision or examination by federal or state authority. If such Authenticating Agent publishes reports of condition at least annually, pursuant to law or to the requirements of the supervising or examining authority, then for the purposes of this Section, the combined capital and surplus of such Authenticating Agent shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time an Authenticating Agent shall cease to be eligible in accordance with the provisions of this Section, such authenticating Agent shall resign immediately in the manner and with the effect specified in this Section. 
Any Person into which an Authenticating Agent may be merged or converted or with which it may be consolidated, or any Person resulting from any merger, conversion, or consolidation to which such Authenticating Agent shall be a party, or any Person succeeding to the corporate agency or corporate trust business of an Authenticating Agent, shall continue to be an Authenticating Agent, provided such Person shall be otherwise eligible under this Section, without the execution or filing of any paper or any further act on the part of the Trustee or the Authenticating Agent. 
An Authenticating Agent may resign at any time by giving written notice to the Trustee and to the Company. The Trustee may at any time terminate the agency of an Authenticating Agent by giving written notice to such Authenticating Agent and to the Company. Upon receiving such a notice of resignation or upon such a termination, or in case at any time such Authenticating Agent shall cease to be eligible in accordance with the provisions of this Section, the Trustee may appoint a successor Authenticating Agent which shall be acceptable to the Company and shall mail written notice of such appointment by first-class mail, postage prepaid, to all Holders of Securities of the series with respect to which such Authenticating Agent will serve, as their names and addresses appear in the Security Register. Any successor Authenticating Agent upon acceptance of its appointment under this Indenture shall become vested with all the rights, powers, and duties of its predecessor, with like effect as if originally named as an Authenticating Agent. No successor Authenticating Agent shall be appointed unless eligible under the provisions of this Section. 
The Company agrees to pay to each Authenticating Agent from time to time reasonable compensation for its services under this Section. 
If an appointment with respect to one or more series is made pursuant to this Section, the Securities of such series may have endorsed on it, in addition to the Trustee’s certificate of authentication, an alternative certificate of authentication in the following form: 

	
			
	 
	46
	 

This is one of the Securities of the series designated therein referred to in the within-mentioned Indenture. 
[________________________________], as Trustee

By:                          
                            As Authenticating Agent

       By:                          
                                               Authorized Officer
ARTICLE VII 
Holder’s Lists and Reports by Trustee and Company
Section 7.1.    Company to Furnish Trustee Names and Addresses of Holders    . 
The Company will furnish or cause to be furnished to the Trustee: 
		
	(a)
	semi-annually, not later than June 30 and December 31 in each year, a list for each series, in such form as the Trustee may reasonably require, of the names and addresses of the Holders of Securities of such series as of the preceding June 15 or December 15, as the case may be, and 

		
	(b)
	at such other times as the Trustee may request in writing, within 30 days after the receipt by the Company of any such request, a list of similar form and content as of a date not more than 15 days prior to the time such list is furnished; 

provided, that if and so long as the Trustee shall be the Security Registrar for such series, such lists shall not be required to be furnished. 
Section 7.2.    Preservation of Information; Communications to Holders. 
		
	(a)
	The Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of Holders contained in the most recent list furnished to the Trustee as provided in Section 7.1 and the names and addresses of Holders received by the Trustee in its capacity as Security Registrar.  The Trustee may dispose of as it deems fit any list furnished to it as provided in Section 7.1 upon receipt of a new list so furnished. 

	
			
	 
	47
	 

		
	(b)
	The rights of Holders to communicate with other Holders with respect to their rights under this Indenture or under the Securities, and the corresponding rights and privileges of the Trustee, shall be as provided by the Trust Indenture Act. 

		
	(c)
	Every Holder of Securities, by receiving and holding the same, agrees with the Company and the Trustee that neither the Company nor the Trustee nor any agent of either of them shall be held accountable by reason of any disclosure of information as to names and addresses of Holders made pursuant to the Trust Indenture Act. 

Section 7.3.    Reports by Trustee. 
		
	(a)
	The Trustee shall transmit to Holders such reports concerning the Trustee and its actions under this Indenture as may be required pursuant to the Trust Indenture Act at the times and in the manner provided pursuant to the Trust Indenture Act. To the extent that any such report is required by the Trust Indenture Act with respect to any 12-month period, such report shall cover the 12-month period ending May 15 and shall be transmitted (in accordance with the Trust Indenture Act) by the next succeeding July 15. 

		
	(b)
	A copy of each such report shall, at the time of such transmission to Holders, be filed by the Trustee with each stock exchange upon which any Securities are listed, with the Commission, and with the Company. The Company will promptly notify the Trustee when any Securities are listed on any stock exchange. 

Section 7.4.    Reports by Company. 
The Company shall file with the Trustee and the Commission, and transmit to Holders, such information, documents, and other reports, and such summaries, as may be required pursuant to the Trust Indenture Act at the times and in the manner provided pursuant to such Trust Indenture Act; provided that any such information, documents, or reports required to be filed with the Commission pursuant to Section 13 or 15(d) of the Exchange Act shall be filed with the Trustee within 15 days after the same is so required to be filed with the Commission. 
Delivery of such reports, information, and documents to the Trustee is for informational purposes only and the Trustee’s receipt of such shall not constitute actual or constructive notice of any information contained therein or determinable from information contained therein, including the Company’s compliance with any of its covenants hereunder (as to which the Trustee shall be entitled to rely exclusively on Officers’ Certificates). 

	
			
	 
	 
	 

.

ARTICLE VIII 
Consolidation, Merger, Conveyance, Transfer or Lease 
Section 8.1.    Company May Consolidate, Etc., Only on Certain Terms. 
The Company shall not consolidate with or merge into any other Person or convey, transfer, or lease its properties and assets substantially as an entirety to any Person, and the Company shall not permit any Person to consolidate with or merge into the Company or convey, transfer, or lease its properties and assets substantially as an entirety to the Company, unless: 
		
	(1)
	in case the Company shall consolidate with or merge into another Person or convey, transfer, or lease its properties and assets substantially as an entirety to any Person, the Person formed by such consolidation or into which the Company is merged or the Person which acquires by conveyance or transfer, or which leases, the properties and assets of the Company substantially as an entirety shall be a corporation, shall be organized and validly existing under the laws of the United States of America, any of its states or the District of Columbia, and shall expressly assume, by a supplemental indenture, executed and delivered to the Trustee, in form satisfactory to the Trustee, the due and punctual payment of the principal of and any premium and interest on all the Securities and the performance or observance of every covenant of this Indenture on the part of the Company to be performed or observed; 

		
	(2)
	immediately after giving effect to such transaction and treating any indebtedness which becomes an obligation of the Company or a Subsidiary as a result of such transaction as having been incurred by the Company or such Subsidiary at the time of such transaction, no Event of Default, and no event which, after notice or lapse of time or both, would become an Event of Default, shall have happened and be continuing; and 

		
	(3)
	the Company has delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that such consolidation, merger, conveyance, transfer, or lease and, if a supplemental indenture is required in connection with such transaction, such supplemental indenture, comply with this Article and that all conditions precedent in this Indenture provided for relating to such transaction have been complied with. 

Section 8.2.    Successor Substituted. 
Upon any consolidation of the Company with, or merger of the Company into, any other Person or any conveyance, transfer, or lease of the properties and assets of the Company substantially as an entirety in accordance with Section 8.1, the successor Person formed by such consolidation or into which the Company is merged or to which such conveyance, transfer, or lease is made shall succeed to, and be substituted for, and may exercise every right and power of, 

	
			
	 
	49
	 

the Company under this Indenture with the same effect as if such successor Person had been named as the Company in this Indenture, and thereafter, except in the case of a lease, the predecessor Person shall be relieved of all obligations and covenants under this Indenture and the Securities. 
ARTICLE IX 
Supplemental Indentures 
Section 9.1.    Supplemental Indentures Without Consent of Holders. 
Without the consent of any Holders, the Company, when authorized by a Board Resolution, and the Trustee, at any time and from time to time, may enter into one or more supplemental indentures, in form satisfactory to the Trustee, for any of the following purposes: 
		
	(1)
	to evidence the succession of another Person to the Company and the assumption by any such successor of the covenants of the Company in this Indenture and in the Securities; or 

		
	(2)
	to add to the covenants of the Company for the benefit of the Holders of all or any series of Securities (and if such covenants are to be for the benefit of less than all series of Securities, stating that such covenants are expressly being included solely for the benefit of such series) or to surrender any right or power conferred in this Indenture upon the Company; or 

		
	(3)
	to add any additional Events of Default for the benefit of the Holders of all or any series of Securities (and if such additional Events of Default are to be for the benefit of less than all series of Securities, stating that such additional Events of Default are expressly being included solely for the benefit of such series); or 

		
	(4)
	to add to or change any of the provisions of this Indenture to such extent as shall be necessary to permit or facilitate the issuance of Securities in bearer form, registrable or not registrable as to principal, and with or without interest coupons, or to permit or facilitate the issuance of Securities in uncertificated form; or 

		
	(5)
	to add to, change, or eliminate any of the provisions of this Indenture in respect of one or more series of Securities, provided that any such addition, change, or elimination (i) shall neither (A) apply to any Security of any series created prior to the execution of such supplemental indenture and entitled to the benefit of such provision nor (B) modify the rights of the Holder of any such Security with respect to such provision or (ii) shall become effective only when there is no such Security Outstanding; or 

		
	(6)
	to secure the Securities; or 

	
			
	 
	50
	 

		
	(7)
	to establish the form or forms or terms of Securities of any series as permitted by Sections 2.1 and 3.1; or 

		
	(8)
	to evidence and provide for the acceptance of appointment under this Indenture by a successor Trustee with respect to the Securities of one or more series and to add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts under this Indenture by more than one Trustee, pursuant to the requirements of Section 6.11(b); or 

		
	(9)
	to comply with any requirements of the Commission in connection with qualifying this Indenture under the Trust Indenture Act;

		
	(10)
	to cure any ambiguity, mistake, defect or inconsistency; or 

		
	(11)
	to make any change, provided that such change shall not adversely affect the interests of the Holders of Securities of any series in any material respect. 

Section 9.2.    Supplemental Indentures With Consent of Holders. 
With the consent of the Holders of not less than a majority in principal amount of the Outstanding Securities of each series affected by such supplemental indenture, by Act of such Holders delivered to the Company and the Trustee, the Company, when authorized by a Board Resolution, and the Trustee may enter into a supplemental indenture or indentures for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of modifying in any manner the rights of the Holders of Securities of such series under this Indenture; provided, however, that no such supplemental indenture entered into pursuant to this Section 9.2 shall, without the consent of the Holder of each Outstanding Security affected by such supplemental indenture, 
		
	(1)
	change the Stated Maturity of the principal of, or any installment of principal of or interest on, any Security, or reduce its principal amount or rate of interest or any premium payable upon its redemption, or reduce the amount of the principal of an Original Issue Discount Security or any other Security that would be due and payable upon a declaration of acceleration of its Maturity pursuant to Section 5.2, or adversely affect any right of repayment at the option of the Holder of any Security, or change any Place of Payment where any Security or any premium or interest is payable, or impair the right to institute suit for the enforcement of any such payment on or after its Stated Maturity (or, in the case of redemption, on or after the Redemption Date), or 

		
	(2)
	reduce the percentage in principal amount of the Outstanding Securities of any series, the consent of whose Holders is required for any such supplemental indenture, or the consent 

	
			
	 
	51
	 

of whose Holders is required for any waiver of compliance with the provisions of or defaults under this Indenture and their consequences provided for in this Indenture, or 
		
	(3)
	modify any of the provisions of this Section, Section 5.13, or Section 10.8, except to increase any such percentage or to provide that certain other provisions of this Indenture cannot be modified or waived without the consent of the Holder of each affected Outstanding Security, provided, however, that this clause shall not be deemed to require the consent of any Holder with respect to changes in the references to “the Trustee” and concomitant changes in this Section, or the deletion of this proviso, in accordance with the requirements of Section 6.11(b) and 9.1(8). 

A supplemental indenture which changes or eliminates any covenant or other provision of this Indenture which has expressly been included solely for the benefit of one or more particular series of Securities, or which modifies the rights of the Holders of Securities of such series with respect to such covenant or other provision, shall be deemed not to affect the rights under this Indenture of the Holders of Securities of any other series. 
It shall not be necessary for any Act of Holders under this Section to approve the particular form of any proposed supplemental indenture, but it shall be sufficient if such Act shall approve the substance of such supplemental indenture. 
Section 9.3.    Execution of Supplemental Indentures. 
In executing, or accepting the additional trusts created by, any supplemental indenture permitted by this Article or the modifications of the trusts created by this Indenture, the Trustee shall be entitled to receive in addition to the documents required by Section 1.2, and (subject to Section 6.1) shall be fully protected in relying upon, an Officers’ Certificate and an Opinion of Counsel stating that the execution of such supplemental indenture is authorized or permitted by this Indenture. The Trustee may, but shall not be obligated to, enter into any such supplemental indenture which affects the Trustee’s own rights, duties, liabilities or immunities under this Indenture or otherwise. 
Section 9.4.    Effect of Supplemental Indentures. 
Upon the execution of any supplemental indenture under this Article, this Indenture shall be modified in accordance with such supplemental indenture, and such supplemental indenture shall form a part of this Indenture for all purposes; and every Holder of Securities previously or subsequently authenticated and delivered under this Indenture shall be bound by such supplemental indenture. 

	
			
	 
	52
	 

Section 9.5.    Conformity With Trust Indenture Act    . 
Every supplemental indenture executed pursuant to this Article shall conform to the requirements of the Trust Indenture Act. 
Section 9.6.    Reference in Securities to Supplemental Indentures. 
Securities of any series authenticated and delivered after the execution of any supplemental indenture pursuant to this Article may, and shall if required by the Company, bear a notation in form approved by the Company as to any matter provided for in such supplemental indenture. If the Company shall so determine, new Securities of any series so modified as to conform, in the opinion of the Trustee and the Company, to any such supplemental indenture may be prepared and executed by the Company and authenticated and delivered by the Trustee in exchange for Outstanding Securities of such series. 
Section 9.7.    Notice of Supplemental Indentures. 
After any supplemental indenture under this Article becomes effective, the Company may give to the Holders of Securities, in the manner referred to in Section 1.6, a notice briefly describing such supplemental indenture; provided, however, that the failure to give such notice to all Holders of Securities, or any defect therein, shall not impair or affect the validity of such supplemental indenture. 
ARTICLE X 
Covenants 
Section 10.1.    Payment of Principal, Premium, and Interest. 
The Company covenants and agrees for the benefit of each series of Securities that it will duly and punctually pay the principal of and any premium and interest on the Securities of that series in accordance with the terms of the Securities and this Indenture. 
Section 10.2.    Maintenance of Office or Agency. 
The Company will maintain in each Place of Payment for any series of Securities an office or agency where Securities of that series may be presented or surrendered for payment, where Securities of that series may be surrendered for registration of transfer or exchange, and where notices and demands to or upon the Company in respect of the Securities of that series and this Indenture may be served. The Company will give prompt written notice to the Trustee of the location, and any change in the location, of such office or agency. If at any time the Company shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with its address, such presentations, surrenders, notices, and demands may be made or served at the 

	
			
	 
	53
	 

Corporate Trust Office of the Trustee, and the Company appoints the Trustee as its agent to receive all such presentations, surrenders, notices, and demands. 
The Company may also from time to time designate one or more other offices or agencies where the Securities of one or more series may be presented or surrendered for any or all such purposes and may from time to time rescind such designations; provided, however, that no such designation or rescission shall in any manner relieve the Company of its obligation to maintain an office or agency in each Place of Payment for Securities of any series for such purposes. The Company will give prompt written notice to the Trustee of any such designation or rescission and of any change in the location of any such other office or agency. 
Section 10.3.    Money for Securities Payments to Be Held in Trust. 
If the Company shall at any time act as its own Paying Agent with respect to any series of Securities, it will, on or before each due date of the principal of or any premium or interest on any of the Securities of that series, segregate and hold in trust for the benefit of the Persons entitled to such principal, premium, or interest a sum sufficient to pay the principal and any premium and interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as provided in this Indenture and will promptly notify the Trustee of its action or failure to act. 
Whenever the Company shall have one or more Paying Agents for any series of Securities, it will, prior to each due date of the principal of or any premium or interest on any Securities of that series, deposit with a Paying Agent a sum sufficient to pay such amount, such sum to be held as provided by the Trust Indenture Act, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee in writing of its action or failure to act. 
The Company will cause each Paying Agent for any series of Securities other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section, that such Paying Agent will (i) comply with the provisions of the Trust Indenture Act applicable to it as a Paying Agent and (ii) during the continuance of any default by the Company (or any other obligor upon the Securities of that series) in the making of any payment in respect of the Securities of that series, and upon the written request of the Trustee, immediately pay to the Trustee all sums held in trust by such Paying Agent for payment in respect of the Securities of that series. 
The Company may at any time, for the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purpose, pay, or by Company Order direct any Paying Agent to pay, to the Trustee all sums held in trust by the Company or such Paying Agent, such sums to be held by the Trustee upon the same trusts as those upon which such sums wereheld by the Company or such Paying Agent; and, upon such payment by any Paying Agent 

	
			
	 
	54
	 

to the Trustee, such Paying Agent shall be released from all further liability with respect to such money. 
Subject to applicable abandoned property laws, any money deposited with the Trustee or any Paying Agent, or then held by the Company, in trust for the payment of the principal of or any premium or interest on any Security of any series and remaining unclaimed for two years after such principal, premium, or interest has become due and payable shall be paid to the Company on Company Request, or (if then held by the Company) shall be discharged from such trust; and the Holder of such Security shall thereafter, as an unsecured general creditor, look only to the Company for payment, and all liability of the Trustee or such Paying Agent with respect to such trust money, and all liability of the Company as trustee, shall cease at such time. 
Section 10.4.    Statement by Officers as to Default. 
The Company will deliver to the Trustee, within 120 days after the end of each fiscal year of the Company ending after the date of this Indenture, an Officers’ Certificate (one of the signers of which shall be the principal executive officer, principal financial officer, or principal accounting officer of the Company), stating whether or not, to the best knowledge of the signers, the Company is in default in the performance and observance of any of the terms, provisions, and conditions of this Indenture (without regard to any period of grace or requirement of notice provided under this Indenture) and, if the Company shall be in default, specifying all such defaults and their nature and status of which they may have knowledge. The Company will deliver to the Trustee written notice of the occurrence of any Event of Default or default (which word has the meaning of the word “default” as used in Section 6.2), within ten (10) Business Days of the Company becoming aware of any such Event of Default or default and setting forth the detail of such Event of Default or default and the action the Company proposes to take with respect thereto.
Section 10.5.    Existence. 
Subject to Article VIII, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its existence, rights (charter and statutory), and franchises; provided, however, that the Company shall not be required to preserve any such right or franchise if the Board of Directors shall determine that its preservation is no longer desirable in the conduct of the business of the Company and that its loss is not disadvantageous in any material respect to the Holders. 
Section 10.6.    Maintenance of Properties. 
The Company will cause all material properties used or useful in the conduct of its business or the business of any Subsidiary to be maintained and kept in good condition, repair, 

	
			
	 
	55
	 

and working order and supplied with all necessary equipment and will cause to be made all necessary repairs, renewals, replacements, betterments, and improvements, all as in the judgment of the Company may be necessary so that the business carried on by it may be properly and advantageously conducted at all times; provided, however, that nothing in this Section shall prevent the Company from discontinuing the operation or maintenance of any of such properties if such discontinuance is, in the judgment of the Company, desirable in the conduct of its business or the business of any Subsidiary and not disadvantageous in any material respect to the Holders. 
Section 10.7.    Payment of Taxes and Other Claims. 
The Company will pay or discharge or cause to be paid or discharged, before the same shall become delinquent, (1) all taxes, assessments, and governmental charges levied or imposed upon the Company or any Subsidiary or upon the income, profits, or property of the Company or any Subsidiary, and (2) all lawful claims for labor, materials, and supplies which, if unpaid, might by law become a lien upon the property of the Company or any Subsidiary; provided, however, that the Company shall not be required to pay or discharge or cause to be paid or discharged any such tax, assessment, charge, or claim whose amount, applicability, or validity is being contested in good faith by appropriate proceedings and for which adequate provision is made. 
Section 10.8.    Waiver of Certain Covenants. 
The Company may, with respect to the Securities of any series, omit in any particular instance to comply with any term, provision, or condition set forth in Sections 10.5 to 10.7 (excluding Section 10.7(1)), or in any covenant provided pursuant to Section 3.1(16) or 9.1(2) for the benefit of the Holders of such series, if before the time for such compliance the Holders of a majority in principal amount of the Outstanding Securities of such series shall, by Act of such Holders, either waive such compliance in such instance or generally waive compliance with such term, provision, or condition, but no such waiver shall extend to or affect such term, provision, or condition except to the extent so expressly waived, and, until such waiver shall become effective, the obligations of the Company and the duties of the Trustee in respect of any such term, provision, or condition shall remain in full force and effect. 
Section 10.9.    Calculation of Original Issue Discount. 
If the Company has Outstanding any Original Issue Discount Securities, the Company shall file with the Trustee promptly at the end of each calendar year (i) a written notice specifying the amount of original issue discount (including daily rates and accrual periods) accrued on Outstanding Securities as of the end of such year and (ii) such other specific information relating to such original issue discount as may be required to be provided to the 

	
			
	 
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Trustee, any Paying Agent or the holders of the Notes pursuant to the Internal Revenue Code of 1986, as amended, and the regulations issued thereunder.
Section 10.10.  Tax Payment and Tax Withholding Obligations. 
In order to enable the Trustee and any other Paying Agent to comply with any tax payment or tax withholding obligation or obligations imposed on it or them by virtue of applicable law in connection with any payment made by it or them to Holders pursuant to any of  the provisions of this Indenture, the Company hereby agrees that, upon receipt of a request from time to time from the Trustee or such Paying Agent, the Company will provide to the Trustee and such Paying Agent promptly a notice in writing as to whether and to what extent, together with any and all information necessary to enable the Trustee and such Paying Agent to determine whether and to what extent, any such tax payment or tax withholding obligation or obligations shall apply, and, if any do so apply, the amount and other relevant details of such tax payment and/or tax withholding obligation or obligations.  In addition to and notwithstanding such agreement, the Trustee and any such Paying Agent shall have full right and warrant to withhold from any payment made by it or them pursuant to any of  the provisions of this Indenture (if required to comply with such tax payment or tax withholding obligation or obligations) and shall not be liable to any Person for so doing.

ARTICLE XI 
Redemption of Securities 
Section 11.1.    Applicability of Article. 
Securities of any series which are redeemable before their Stated Maturity shall be redeemable in accordance with their terms and (except as otherwise specified as contemplated by Section 3.1 for Securities of any series) in accordance with this Article. 
Section 11.2.    Election to Redeem; Notice to Trustee. 
The election of the Company to redeem any Securities shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 3.1 for such Securities. In case of any redemption at the election of the Company, the Company shall, at least 60 calendar days prior to the Redemption Date fixed by the Company (unless a shorter notice shall be satisfactory to the Trustee), notify the Trustee of such Redemption Date, of the principal amount of Securities of such series to be redeemed and, if applicable, of the tenor of the Securities to be redeemed. In the case of any redemption of Securities prior to the expiration of any restriction on such redemption provided in the terms of such Securities or elsewhere in this Indenture, the 

	
			
	 
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Company shall furnish the Trustee with an Officers’ Certificate evidencing compliance with such restriction. 
Section 11.3.    Selection by Trustee of Securities to Be Redeemed. 
If less than all the Securities of any series are to be redeemed (unless all of the Securities of such series and of a specified tenor are to be redeemed or such series is comprised of a single Security), the particular Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Securities of such series not previously called for redemption by such method as the Trustee shall deem fair and appropriate (which may include pro rata or by lot) and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Securities of that series or any integral multiple of such denomination) of the principal amount of Securities of such series of a denomination larger than the minimum authorized denomination for Securities of that series. If less than all of the Securities of such series and of a specified tenor are to be redeemed (unless such series is comprised of a single Security), the particular Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Securities of such series and specified tenor not previously called for redemption in accordance with the preceding sentence. 
Unless all of the Securities of such series and of a specified tenor are to be redeemed or such series is comprised of a single Security, the Trustee shall promptly notify the Company in writing of the Securities selected for redemption and, in the case of any Securities (other than Securities comprised of a single Security) selected for partial redemption, the principal amount thereof to be redeemed.  In the case of any such redemption in part, the unredeemed portion of the principal amount of the Security shall be in an authorized denomination (which shall not be less than the minimum authorized denomination) of such Security. 
For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Securities shall relate, in the case of any Securities redeemed or to be redeemed only in part, to the portion of the principal amount of such Securities which has been or is to be redeemed. 
Section 11.4.    Notice of Redemption    .
Notice of redemption shall be given by first-class mail, postage prepaid, mailed not less than 30 nor more than 60 days prior to the Redemption Date, to each Holder of Securities to be redeemed, at his address appearing in the Security Register. 
All notices of redemption shall state: 

	
			
	 
	58
	 

		
	(1)
	the Redemption Date, 

(2)the Redemption Price and accrued interest, if any, 
		
	(3)
	if less than all the Outstanding Securities of any series are to be redeemed, the identification (and, in the case of partial redemption of any Securities, the principal amounts) of the particular Securities to be redeemed, and that on or after the date fixed for redemption, upon surrender of such Security, a new Security or Securities of such series in authorized denominations for an aggregate principal amount equal to the unredeemed portion will be issued, 

		
	(4)
	that on the Redemption Date the Redemption Price and accrued interest, if any, will become due and payable upon each such Security to be redeemed and that interest on such Security will cease to accrue on and after such date, 

		
	(5)
	the place or places where such Securities are to be surrendered for payment of the Redemption Price and accrued interest, if any, 

		
	(6)
	that the redemption is for a sinking fund, if such is the case, and 

		
	(7)
	the CUSIP numbers”, “ISIN” or other similar numbers, if any, of the Securities to be redeemed. 

Notice of redemption of Securities to be redeemed at the election of the Company shall be given by the Company or, at the Company’s request (delivered to the Trustee, together with a form of notice of redemption, at least 45 days (unless a shorter period shall be acceptable to the Trustee) prior to the Redemption Date) , by the Trustee in the name and at the expense of the Company and shall be irrevocable. 
    
Section 11.5.    Deposit of Redemption Price. 
Prior to 10:00 a.m., New York City time on the Redemption Date, the Company shall deposit with the Trustee or with a Paying Agent (or, if the Company is acting as its own Paying Agent, segregate and hold in trust as provided in Section 10.3) an amount of money sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on, all the Securities which are to be redeemed on that date. 

	
			
	 
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Section 11.6.    Securities Payable on Redemption Date. 
Notice of redemption having been given in accordance with this Indenture, the Securities to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price specified in the notice, and from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued interest) such Securities shall cease to bear interest. Upon surrender of any such Security for redemption in accordance with such notice, such Security shall be paid by the Company at the Redemption Price, together with accrued interest to the Redemption Date; provided, however, that, unless otherwise specified as contemplated by Section 3.1, installments of interest whose Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to their terms and the provisions of Section 3.7. 
If any Security called for redemption shall not be so paid upon surrender for redemption, the principal and any premium shall, until paid, bear interest from the Redemption Date at the rate prescribed in the Security. 
Section 11.7.    Securities Redeemed in Part. 
Any Security which is to be redeemed only in part shall be surrendered at a Place of Payment (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder or his attorney duly authorized in writing), and the Company shall execute, and the Trustee shall authenticate and deliver to the Holder of such Security without service charge, a new Security or Securities of the same series and of like tenor, of any authorized denomination as requested by such Holder, in aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Security so surrendered. 
ARTICLE XII 
Sinking Funds 
Section 12.1.    Applicability of Article. 
The provisions of this Article shall be applicable to any sinking fund for the retirement of Securities of a series except as otherwise specified as contemplated by Section 3.1 for Securities of such series. 
The minimum amount of any sinking fund payment provided for by the terms of Securities of any series is referred to in this Indenture as a “mandatory sinking fund payment”, and any payment in excess of such minimum amount provided for by the terms of Securities of 

	
			
	 
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any series is referred to in this Indenture as an “optional sinking fund payment”. If provided for by the terms of Securities of any series, the cash amount of any sinking fund payment may be subject to reduction as provided in Section 12.2. Each sinking fund payment shall be applied to the redemption of Securities of any series as provided for by the terms of Securities of such series. 
Section 12.2.    Satisfaction of Sinking Fund Payments with Securities. 
The Company (1) may deliver Securities of a series (other than any previously called for redemption) and (2) may apply as a credit Securities of a series which previously have been redeemed by the Company either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, or have been otherwise acquired by the Company as permitted by such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly. 
Section 12.3.    Redemption of Securities for Sinking Fund. 
Not less than 90 days prior to each sinking fund payment date for any series of Securities, the Company will deliver to the Trustee an Officers’ Certificate specifying the amount of the next ensuing sinking fund payment for that series pursuant to the terms of that series, the portion, if any, which is to be satisfied by payment of cash and the portion, if any, which is to be satisfied by delivering and crediting Securities of that series pursuant to Section 12.2 and the basis for such credit and will also deliver to the Trustee any Securities to be so delivered. Not less than 30 days before each such sinking fund payment date the Trustee shall select the Securities to be redeemed upon such sinking fund payment date in the manner specified in Section 11.3 and cause notice of redemption to be given in the name of and at the expense of the Company in the manner provided in Section 11.4. Such notice having been duly given, the redemption of such Securities shall be made upon the terms and in the manner stated in Sections 11.6 and 11.7. 

	
			
	 
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ARTICLE XIII 
Defeasance and Covenant Defeasance
		
	Section 13.1.
	Applicability of Article; Company’s Option to Effect Defeasance or Covenant Defeasance. 

If, pursuant to Section 3.1, provision is made for either or both of (a) Defeasance of the Securities of a series under Section 13.2 or (b) Covenant Defeasance of the Securities of a series under Section 13.3, then the provisions of such Section or Sections, as the case may be, together with the other provisions of this Article XIII, shall be applicable to the Securities of such series, and the Company may at its option by Board Resolution or in any other manner specified as contemplated by Section 3.1, at any time, with respect to the Securities of such series, elect to have either Section 13.2 (if applicable) or Section 13.3 (if applicable) be applied to the Outstanding Securities of such series upon compliance with the conditions set forth below in this Article XIII. 
Section 13.2.    Defeasance and Discharge. 
Upon the Company’s exercise of the above option applicable to this Section, the Company shall be deemed to have been discharged from its obligations with respect to the Outstanding Securities of such series on and after the date the conditions precedent set forth in Section 13.3 are satisfied (“Defeasance”). For this purpose, such Defeasance means that the Company shall be deemed to have paid and discharged the entire indebtedness represented by the Outstanding Securities of such series and to have satisfied all its other obligations under such Securities and this Indenture, insofar as such Securities are concerned (and the Trustee, upon Company Order and at the expense of the Company, shall execute proper instruments acknowledging the same), except for the following which shall survive until otherwise terminated or discharged under this Indenture: (A) the rights of Holders of Outstanding Securities of such series to receive, solely from the trust fund described in Section 13.4 as more fully set forth in such Section, payments of the principal of (any premium, if any) and interest on such Securities when such payments are due, (B) the Company’s obligations with respect to such Securities under Sections 3.4, 3.5, 3.6, 6.7, 10.2, and 10.3, and any ancillary obligations, (C) the rights, powers, trusts, duties, immunities, and other provisions in respect of the Trustee under this Indenture, and (D) this Article XIII. Subject to compliance with this Article XIII, the Company may exercise its option under this Section 13.2 notwithstanding the prior exercise of its option under Section 13.3 with respect to the Securities of such series. Following a Defeasance, payment of the Securities of such series may not be accelerated because of an Event of Default. 

	
			
	 
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Section 13.3.    Covenant Defeasance. 
Upon the Company’s exercise of the above option applicable to this Section and after the date the conditions set forth below are satisfied (“Covenant Defeasance”), (1) the Company shall be released from its obligations under any covenant applicable to such Securities that is determined pursuant to Section 3.1 to be subject to this provision, and (2) the occurrence of any event specified in Section 5.1(1) or (2) or determined pursuant to Section 3.1 to be subject to this provision shall not be deemed to be or result in an Event of Default. For this purpose, such Covenant Defeasance means that, with respect to the Outstanding Securities of such series, the Company may omit to comply with and shall have no liability in respect of any term, condition, or limitation set forth in any such Section whether directly or indirectly by reason of any reference elsewhere in this Indenture to any such Section or by reason of any reference in any such Section to any other provision in this Indenture or in any other document, but the remainder of this Indenture and such Securities shall be unaffected by such Covenant Defeasance. 
Section 13.4.    Conditions to Defeasance or Covenant Defeasance. 
The following shall be the conditions precedent to application of either Section 13.2 or Section 13.3 to the Outstanding Securities of such series: 
		
	(1)
	The Company shall irrevocably have deposited or caused to be deposited with the Trustee (or another trustee which satisfies the requirements contemplated by Section 6.9 and agrees to comply with the provisions of the Indenture applicable to it as if it were the Trustee under this Indenture), as trust funds in trust for the purpose of making the following payments, and dedicated solely to, the benefit of the Holders of such Securities, (A) money in an amount, or (B) U.S. Government Obligations which through the scheduled payment of principal and interest in accordance with their terms will provide, not later than one day before the due date of any payment, money in an amount, or (C) a combination of such money and U.S. Government Obligations, in each case sufficient, without reinvestment, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification delivered to the Trustee, to pay and discharge, and which shall be applied by the Trustee (or any such other qualifying trustee as previously provided) to pay and discharge, the principal of (and premium, if any) and interest on the Outstanding Securities of such series on the Maturity of such principal, any premium or interest, and any mandatory sinking fund payments or analogous payments applicable to the Outstanding Securities of such series on their due dates. Before such a deposit, the Company may make arrangements satisfactory to the Trustee for the redemption of Securities at a future date or dates in accordance with Article XI, which shall be given effect in applying the foregoing provisions. For this purpose, “U.S. Government Obligations” means securities that are (x) direct obligations of the United 

	
			
	 
	63
	 

States of America for the payment of which its full faith and credit is pledged, or (y) obligations of a Person controlled or supervised by and acting as an agency or instrumentality of the United States of America the payment of which is unconditionally guaranteed as a full faith and credit obligation by the United States of America, which, in either case, are not callable or redeemable at the option of the issuer, and shall also include a depository receipt issued by a bank (as defined in Section 3(a)(2) of the Securities Act of 1933, as amended), which may include the Trustee, as custodian with respect to any such U.S. Government Obligation or a specific payment of principal of or interest on any such U.S. Government Obligation held by such custodian for the account of the holder of such depository receipt, provided that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depository receipt from any amount received by the custodian in respect of the U.S. Government Obligation or the specific payment of principal of or interest on the U.S. Government Obligation evidenced by such depository receipt. 
		
	(2)
	No Event of Default or event which with notice or lapse of time or both would become an Event of Default with respect to the Securities of such series shall have occurred and be continuing (A) on the date of such deposit or (B) insofar as subsections 5.1(1) and (2) are concerned, at any time during the period ending on the 120th day after the date of such deposit or, if longer, ending on the day following the expiration of the preference period applicable to the Company under federal law in respect of such deposit (it being understood that the condition in this clause (B) shall not be deemed satisfied until the expiration of such period). 

		
	(3)
	Such Defeasance or Covenant Defeasance shall not (A) cause the Trustee in respect of the Securities of such series to have a conflicting interest as defined in Section 6.8 or for purposes of the Trust Indenture Act with respect to any Securities of the Company or (B) result in the trust arising from such deposit to constitute, unless it is qualified as, a regulated investment company under the Investment Company Act of 1940, as amended. 

		
	(4)
	Such Defeasance or Covenant Defeasance shall not result in a breach or violation of, or constitute a default under, this Indenture or any other agreement or instrument to which the Company is a party or by which it is bound. 

		
	(5)
	Such Defeasance or Covenant Defeasance shall not cause any Securities of such series then listed on any registered national securities exchange under the Securities Exchange Act of 1934, as amended, to be delisted. 

		
	(6)
	In the case of an election under Section 13.2, the Company shall have delivered to the Trustee an Opinion of Counsel stating that (x) the Company has received from, or there 

	
			
	 
	64
	 

has been published by, the Internal Revenue Service a ruling, or (y) since the date of this Indenture there has been a change in the applicable federal income tax law, in either case to the effect that, and based on such ruling or change such opinion shall confirm that, the Holders of the Outstanding Securities of such series will not recognize income, gain, or loss for federal income tax purposes as a result of such Defeasance and will be subject to federal income tax on the same amounts, in the same manner, and at the same times as would have been the case if such Defeasance had not occurred. 
		
	(7)
	In the case of an election under Section 13.3, the Company shall have delivered to the Trustee an Opinion of Counsel to the effect that the Holders of the Outstanding Securities of such series will not recognize income, gain, or loss for federal income tax purposes as a result of such Covenant Defeasance and will be subject to federal income tax on the same amounts, in the same manner, and at the same times as would have been the case if such Covenant Defeasance had not occurred. 

		
	(8)
	The Company shall have delivered to the Trustee an Opinion of Counsel to the effect that (subject to customary qualifications and assumptions) after the period described in Section 13.4(2), the trust funds will not be subject to the effect of any applicable bankruptcy, insolvency, reorganization, or similar laws affecting creditors’ rights generally.

		
	(9)
	Such Defeasance or Covenant Defeasance shall be effected in compliance with any additional terms, conditions, or limitations which may be imposed on the Company in connection with such Defeasance or Covenant Defeasance pursuant to Section 3.1. 

		
	(10)
	The Company shall have delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that all conditions precedent provided for in this Indenture relating to either the Defeasance under Section 13.2 or the Covenant Defeasance under Section 13.3 (as the case may be) have been complied with.

		
	Section 13.5.
	Deposited Money and U.S. Government Obligations to be Held in Trust; Other Miscellaneous Provisions.

Subject to the provisions of the last paragraph of Section 10.3, all money and U.S. Government Obligations (including any proceeds) deposited with the Trustee or other qualifying trustee (solely for purposes of this Section and Section 13.6, the Trustee and any such other qualifying trustee are referred to collectively as the “Trustee”) pursuant to Section 13.4 in respect of the Outstanding Securities of such series shall be held in trust and applied by the Trustee, in accordance with the provisions of such Securities and this Indenture, to the payment, either directly or through any Paying Agent (but not including the Company acting as its own Paying Agent) as the Trustee may determine, to the Holders of such Securities, of all sums due and to 

	
			
	 
	65
	 

become due on such Securities in respect of principal (and premium, if any) and interest, but such money need not be segregated from other funds except to the extent required by law. 
The Company shall pay and indemnify the Trustee against any tax, fee, or other charge imposed on or assessed against the money or U.S. Government Obligations deposited pursuant to Section 13.4 or the principal and interest received in respect of such money or U.S. Government Obligations other than any such tax, fee, or other charge which by law is for the account of the Holders of Outstanding Securities. 
Anything in this Indenture to the contrary notwithstanding, the Trustee shall deliver or pay to the Company from time to time upon Company Request any money or U.S. Government Obligations held by it as provided in Section 13.4 which, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification delivered to the Trustee, are in excess of the amount which would then be required to be deposited to effect an equivalent Defeasance or Covenant Defeasance. 
Section 13.6.    Reinstatement. 
If the Trustee or the Paying Agent is unable to apply any money or U.S. Government Obligations in accordance with Section 13.5 by reason of any order or judgment of any court or governmental authority enjoining, restraining, or otherwise prohibiting such application, then the Company’s obligations under the Securities of such series shall be revived and reinstated as though no deposit had occurred pursuant to this Article XIII until such time as the Trustee or Paying Agent is permitted to apply all such money and U.S. Government Obligations in accordance with Section 13.5; provided, however, that if the Company makes any payment of principal of (and premium, if any) or interest on any such Security following the reinstatement of its obligations, the Company shall be entitled, at its election, (a) to receive from the Trustee or Paying Agent, as applicable, that portion of such money or U.S. Government Obligations held by the Trustee or the Paying Agent, as applicable,  equal to the amount of such payment, or (b) to be subrogated to the rights of the Holders of such Securities to receive such payment from the money and U.S. Government Obligations held by the Trustee or the Paying Agent. 
 

	
			
	 
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_________________________________
This instrument may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument.  The exchange of copies of this Indenture and of signature pages by facsimile or electronic format (i.e., “pdf” or “tif”) transmission shall constitute effective execution and delivery of this Indenture as to the parties hereto and may be used in lieu of the original Indenture for all purposes.  Signatures of the parties hereto transmitted by facsimile or electronic format (i.e., “pdf” or “tif”) shall be deemed to be their original signatures for all purposes.
IN WITNESS WHEREOF, the parties have caused this Indenture to be duly executed as of the day and year first above written. 
INDEPENDENT BANK CORP.

By:                             
                        Name: 
                        Title:
[________________________________], as Trustee

By:                             
                        Name: 
                        Title:

	
			
	 
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