Document:

Custodian Agreement, dated August 2, 2010

 Exhibit 10.8 

Execution Copy 

CUSTODIAN AGREEMENT 

among 

AMERICREDIT FINANCIAL SERVICES, INC., 

as Custodian, 

ASSURED GUARANTY CORP., 

as Insurer 

and 

WELLS FARGO BANK, NATIONAL ASSOCIATION, 

as Trust Collateral Agent 

Dated as of August 2, 2010 

 THIS CUSTODIAN AGREEMENT, dated as of August 2, 2010, is made with respect to the
issuance of Notes and a Certificate by AmeriCredit Automobile Receivables Trust 2010-B (the “Issuer”), and is between AMERICREDIT FINANCIAL SERVICES, INC., as custodian (in such capacity, the “Custodian”), ASSURED
GUARANTY CORP. (the “Insurer”) and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as trust collateral agent (the “Trust Collateral Agent”). Capitalized terms used herein which are not
defined herein shall have the meanings set forth in the Sale and Servicing Agreement (as hereinafter defined). 
 W
I T N E S S E T H: 
 WHEREAS, AmeriCredit Financial Services,
Inc. (“AFS”) and AFS SenSub Corp. (“AFS SenSub”) have entered into a Purchase Agreement dated as of August 2, 2010 (the “Purchase Agreement”), pursuant to which AFS has sold, transferred and
assigned to AFS SenSub all of its right, title and interest in and to the Receivables; 
 WHEREAS, the Issuer, AFS, as Servicer
(the “Servicer”), AFS SenSub and Wells Fargo Bank, National Association, as Trust Collateral Agent and as Backup Servicer, have entered into a Sale and Servicing Agreement, dated as of August 2, 2010 (the “Sale and
Servicing Agreement”), pursuant to which AFS SenSub has sold, transferred and assigned to the Issuer all of AFS SenSub’s right, title and interest in and to the Receivables; 

WHEREAS, in connection with such sales, transfers and assignments, AFS and AFS SenSub have made certain representations and warranties
regarding the Receivable Files, upon which the Insurer has relied in issuing the Note Policy; and 
 WHEREAS, the Trust
Collateral Agent wishes to appoint the Custodian to hold the Receivable Files as the custodian on behalf of the Issuer and the Trust Collateral Agent; 

NOW, THEREFORE, in consideration of the mutual agreements herein contained and other good and valuable consideration the receipt and
adequacy of which are hereby acknowledged, the parties agree as follows: 
 1. Appointment of Custodian; Acknowledgement
of Receipt. Subject to the terms and conditions hereof, the Trust Collateral Agent hereby revocably appoints the Custodian, but shall not be responsible for the acts or omissions of the Custodian, and the Custodian hereby accepts such
appointment, as custodian and bailee on behalf of the Issuer and the Trust Collateral Agent, to maintain exclusive custody of the Receivable Files relating to the Receivables from time to time pledged to the Trust Collateral Agent as part of the
Other Conveyed Property. In performing its duties hereunder, the Custodian agrees to act with reasonable care, using that degree of skill and attention that a commercial bank acting in the capacity of a custodian would exercise with respect to files
relating to comparable automotive or other receivables that it services or holds for itself or others. The Custodian hereby, as of the Closing Date acknowledges receipt of the Receivable File for each Receivable listed in the Schedule of Receivables
attached as Schedule A to the Sale and Servicing Agreement subject to any exceptions noted on the Custodian’s Acknowledgement (as defined below). As evidence of its acknowledgement of such receipt of such Receivables, the Custodian shall
execute and deliver on the Closing Date, the Custodian’s Acknowledgement attached hereto as Exhibit A (the “Custodian’s Acknowledgement”). 

 2. Maintenance of Receivables Files at Office. The Custodian agrees to maintain
the Receivable Files at its office located at 4001 Embarcadero, Suite 200, Arlington, Texas 76014 or, subject to the prior written consent of the Insurer (so long as no Insurer Default shall have occurred and be continuing), at such other office as
shall from time to time be identified to the Trust Collateral Agent and the Insurer, and the Custodian will hold the Receivable Files in such office on behalf of the Issuer and the Trust Collateral Agent, clearly identified as being separate from
any other instruments and files on its records, including other instruments and files held by the Custodian and in compliance with Section 3(b) hereof. 

3. Duties of Custodian. 

(a) Safekeeping. The Custodian shall hold the Receivable Files on behalf of the Trust Collateral Agent clearly identified as
being separate from all other files or records maintained by the Custodian at the same location and shall maintain such accurate and complete accounts, records and computer systems pertaining to each Receivable File as will enable the Trust
Collateral Agent to comply with the terms and conditions of the Sale and Servicing Agreement. Each Receivable representing tangible chattel paper (as such term is defined in the UCC) shall be stamped on both of the first page and the signature page
(if different) in accordance with the instructions from time to time provided by the Insurer, and the form and content of the stamp shall be acceptable to the Insurer, to indicate the assignment and/or pledge of each such Receivable. Each Receivable
shall be identified on the books and records of the Custodian in a manner that (i) is consistent with the practices of a commercial bank acting in the capacity of custodian with respect to similar receivables, (ii) indicates that the
Receivables are held by the Custodian on behalf of the Trust Collateral Agent and (iii) is otherwise necessary, as reasonably determined by the Custodian, to comply with the terms of this Custodian Agreement. The Custodian shall conduct, or
cause to be conducted, periodic physical inspections of the Receivable Files held by it under this Custodian Agreement, and of the related accounts, records and computer systems, in such a manner as shall enable the Trust Collateral Agent, the
Insurer and the Custodian to verify the accuracy of the Custodian’s inventory and recordkeeping. Such inspections shall be conducted at such times, in such manner and by such persons including, without limitation, independent accountants, as
the Insurer or the Trust Collateral Agent may request and the cost of such inspections shall be borne directly by the Custodian and not by the Trust Collateral Agent. The Custodian shall promptly report to the Insurer and the Trust Collateral Agent
any failure on its part to hold the Receivable Files and maintain its accounts, records and computer systems as herein provided and promptly take appropriate action to remedy any such failure. Upon request, the Custodian shall make copies or other
electronic file records (e.g., diskettes, CD’s, etc.) (the “Copies”) of the Receivable Files and shall deliver such Copies to the Trust Collateral Agent and the Trust Collateral Agent shall hold such Copies on behalf of
the Noteholders and the Insurer. Subject to Section 3(c) hereof, the Custodian shall at all times (i) maintain the original or with respect to “electronic chattel paper”, as such term is defined in the UCC, an authoritative copy
of the fully executed original retail installment sales contract or promissory note and (ii) maintain the original of the Lien Certificate or application therefore (if no such Lien Certificate has yet been issued), in each case relating to each
Receivable in a fireproof vault; provided, however, the Lien Certificate may be maintained electronically by the Registrar of Titles of the applicable state pursuant to applicable state laws, with confirmation thereof maintained by the
Custodian or a third-party service provider. 
  

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 (b) Access to Records. The Custodian shall, subject only to the Custodian’s
security requirements applicable to its own employees having access to similar records held by the Custodian, which requirements shall be consistent with the practices of a commercial bank acting in the capacity of custodian with respect to similar
files or records, and at such times as may be reasonably imposed by the Custodian, permit only the Noteholders, the Insurer and the Trust Collateral Agent or their duly authorized representatives, attorneys or auditors to inspect, at the
Servicer’s expense, the Receivable Files and the related accounts, records, and computer systems maintained by the Custodian pursuant hereto at such times as the Noteholders, the Insurer or the Trust Collateral Agent may reasonably request.

 (c) Release of Documents. Consistent with the practices of a commercial bank acting in the capacity of custodian
with respect to similar files or records, the Custodian may release any Receivable in the Receivable Files to the Servicer, if appropriate, under the circumstances provided in Section 3.3(b) of the Sale and Servicing Agreement. 

(d) Administration; Reports. The Custodian shall, in general, attend to all non-discretionary details in connection with
maintaining custody of the Receivable Files on behalf of the Trust Collateral Agent. In addition, the Custodian shall assist the Trust Collateral Agent generally in the preparation of any routine reports to Noteholders or to regulatory bodies, to
the extent necessitated by the Custodian’s custody of the Receivable Files. 
 (e) Review of
Lien Certificates. On or before the Closing Date, the Custodian shall deliver to the Trust Collateral Agent a listing in the form attached hereto as Schedule II of Exhibit A, of all Receivables with respect to which a Lien Certificate, showing
AFS (or an Originating Affiliate or a Titled Third-Party Lender) as secured party, was not included in the related Receivable File as of such date. In addition, the Custodian shall deliver to the Trust Collateral Agent and the Insurer an exception
report in the form attached hereto as Schedule II of Exhibit A (i) no later than the last Business Day of the calendar month during which the
90th day after the Closing Date occurred, (ii) no
later than the last Business Day of the calendar month during which the
180th day after the Closing Date occurred and
(iii) no later than the last Business Day of the calendar month during which the
240th day after the Closing Date occurred. 

4. Instructions; Authority to Act. The Custodian shall be deemed to have received proper instructions with respect to the
Receivable Files upon its receipt of written instructions signed by a Responsible Officer of the Trust Collateral Agent. Such instructions may be general or specific in terms. A copy of any such instructions shall be furnished by the Trust
Collateral Agent to the Trustee, the Issuer and the Insurer. 
 5. Custodian Fee. For its services under this
Agreement, the Custodian shall be entitled to reasonable compensation to be paid by the Servicer. 
 6. Indemnification
by the Custodian. The Custodian agrees to indemnify the Issuer, the Owner Trustee, the Trust Collateral Agent, the Backup Servicer, the Insurer and the Trustee for any and all liabilities, obligations, losses, damage, payments, costs or expenses
of 
  

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any kind whatsoever (including the fees and expenses of counsel) that may be imposed on, incurred or asserted against the Issuer, the Owner Trustee, the Trust Collateral Agent, the Backup
Servicer and the Insurer and the Trustee and their respective officers, directors, employees, agents, attorneys and successors and assigns as the result of any act or omission in any way relating to the maintenance and custody by the Custodian of
the Receivable Files; provided, however, that the Custodian shall not be liable for any portion of any such liabilities, obligations, losses, damages, payments or costs or expenses due to the willful misfeasance, bad faith or gross
negligence of the Issuer, the Owner Trustee, the Trust Collateral Agent, the Collateral Agent, the Backup Servicer, the Insurer or the Trustee or the officers, directors, employees and agents thereof. In no event shall the Custodian be liable to any
third party for acts or omissions of the Custodian. 
 7. Advice of Counsel. The Custodian and the Trust Collateral
Agent further agree that the Custodian shall be entitled to rely and act upon advice of counsel with respect to its performance hereunder as custodian and shall be without liability for any action reasonably taken pursuant to such advice, provided
that such action is not in violation of applicable Federal or state law. 
 8. Effective Period, Termination, and
Amendment; Interpretive and Additional Provisions. This Custodian Agreement shall become effective as of the date hereof and shall continue in full force and effect until terminated as hereinafter provided. Prior to an Insurer Default, this
Custodian Agreement may be amended at any time by mutual agreement of the parties hereto with the prior written consent of the Backup Servicer and may be terminated by either the Insurer or the Custodian by giving written notice to the other
parties, such termination to take effect no sooner than thirty (30) days after the date of such notice; provided, however, that the Insurer may terminate this Custodian Agreement at any time in its sole discretion and any
termination by the Insurer shall take effect immediately. So long as AFS is serving as Custodian, any termination of AFS as Servicer under the Sale and Servicing Agreement shall terminate AFS as Custodian under this Agreement. If an Insurer Default
shall have occurred and be continuing, with the prior written consent of the Note Majority, this Custodian Agreement may be amended at any time by mutual agreement of the parties hereto and may be terminated by any party by giving written notice to
the other parties, such termination to take effect no sooner than thirty (30) days after the date of such notice. Upon any termination or amendment of this Custodian Agreement, the Trust Collateral Agent, in the case of amendments, and the
party seeking termination, in the case of terminations, shall give written notice to the Custodian, who will send such notice to Standard & Poor’s Ratings Services, a Standard & Poor’s Financial Services LLC business
(“Standard & Poor’s”) and Moody’s Investors Service, Inc. (“Moody’s”) (together, the “Rating Agencies”). Immediately after receipt of notice of termination of this Custodian
Agreement, the Custodian shall deliver the Receivable Files to the Trust Collateral Agent on behalf of the Noteholders, and at the Custodian’s expense, at such place or places as the Trust Collateral Agent, or the Insurer in the case of a
termination by the Insurer, may designate, and the Trust Collateral Agent, or its agent, as the case may be, shall act as custodian for such Receivables Files on behalf of the Noteholders until such time as a successor custodian, approved by the
Insurer, has been appointed. If, within seventy-two (72) hours after the termination of this Custodian Agreement, the Custodian has not delivered the Receivable Files in accordance with the preceding sentence, the Insurer or, if an Insurer
Default shall have occurred and be continuing, the Trust Collateral Agent, may enter the premises of the Custodian and 

 

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remove the Receivable Files from such premises. In connection with the administration of this Agreement, the parties may agree from time to time upon the interpretation of the provisions of this
Agreement as may in their joint opinion be consistent with the general tenor and purposes of this Agreement, any such interpretation to be signed by all parties and annexed hereto. 

9. Governing Law. This Custodian Agreement shall be governed by and construed in accordance with the laws of the State of New
York without regard to the conflict of law provisions thereof (other than Sections 5-1401 and 5-1402 of the New York General Obligations Law). 

10. Notices. All demands, notices and communications hereunder shall be in writing, electronically
delivered or mailed, and shall be deemed to have been duly given upon receipt (a) in the case of the Custodian, at the following address: AmeriCredit Financial Services, Inc., 801 Cherry Street, Suite 3500, Fort Worth, Texas 76102, Attention:
Chief Financial Officer, (b) in the case of the Trust Collateral Agent, at the following address: Wells Fargo Bank, National Association, Sixth and Marquette Avenue, MAC N9311–161, Minneapolis, Minnesota 55479 (facsimile number
(612) 667-3464), Attention: Corporate Trust Services/Asset Backed Administration, (c) in the case of the Insurer, at the following address: Assured Guaranty Corp., 31 West 52nd Street, New York, New York 10019, Attention: Transaction
Oversight Department, (d) in the case of Moody’s, at the following address: 7 World Trade Center at 250 Greenwich Street, Asset Finance Group,
24th floor, New York, New York 10007 and (e) in the
case of Standard & Poor’s via electronic delivery to Servicer_reports@sandp.com; for any information not available in electronic format, hard copies should be sent to the following address: 55 Water Street, 41st floor, New York, New
York 10041-0003, Attention: ABS Surveillance Group, or at such other address as shall be designated by such party in a written notice to the other parties. Where this Custodian Agreement provides for notice or delivery of documents to the Rating
Agencies, failure to give such notice or deliver such documents shall not affect any other rights or obligations created hereunder. 

11. Binding Effect. This Custodian Agreement shall be binding upon and shall inure to the benefit of the parties hereto and
their respective successors and assigns. Concurrently with the appointment of a successor trustee under the Sale and Servicing Agreement, the parties hereto shall amend this Custodian Agreement to make said successor trustee, the successor to the
Trust Collateral Agent hereunder. 
 [Remainder of page intentionally left blank] 

 

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 IN WITNESS WHEREOF, each of the parties hereto has caused this Custodian Agreement to be
executed in its name and on its behalf by a duly authorized officer on the day and year first above written. 
  

					
	WELLS FARGO BANK, NATIONAL ASSOCIATION,
	as Trust Collateral Agent
		
	By:	 	 /s/ Marianna C. Stershic

		 	Name:	 	Marianna C. Stershic
		 	Title:	 	Vice President
	
	AMERICREDIT FINANCIAL SERVICES, INC.,
	as Custodian
		
	By:	 	 /s/ Sheli D. Fitzgerald

		 	Name:	 	Sheli D. Fitzgerald
		 	Title:	 	Vice-President, Structured Finance
	
	ASSURED GUARANTY CORP.
		
	By:	 	 /s/ Jorge Gana

		 	Name:	 	Jorge Gana
		 	Title:	 	Managing Director

  

									
	 The foregoing Custodian Agreement

is hereby confirmed and accepted
 as of the date
first above written.
	  	
		
	 AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2010-B,

as Issuer
	  	
		
	 By: WILMINGTON TRUST COMPANY,

  not in its individual capacity but solely

  as Owner Trustee on behalf of the Trust
	  	
				
	By:	 	 /s/ J. Christopher Murphy
	  		  	
		 	Name:	  	J. Christopher Murphy	  		  	
		 	Title:	  	Financial Services Officer	  		  	

 [Custodian Agreement] 

 EXHIBIT A 

CUSTODIAN’S ACKNOWLEDGEMENT 

AmeriCredit Financial Services, Inc. (the “Custodian”), acting as Custodian under a Custodian Agreement, dated as of
August 2, 2010, among the Custodian, Wells Fargo Bank, National Association, as Trust Collateral Agent and Assured Guaranty Corp., pursuant to which the Custodian holds on behalf of the Trust Collateral Agent for the benefit of the Noteholders
certain “Receivable Files,” as defined in the Sale and Servicing Agreement, dated as of August 2, 2010 (the “Sale and Servicing Agreement”), among AmeriCredit Automobile Receivables Trust 2010-B, as Issuer, AFS
SenSub Corp., as Seller, AmeriCredit Financial Services, Inc., as Servicer, and Wells Fargo Bank, National Association, as Trust Collateral Agent and as Backup Servicer, hereby acknowledges receipt of the Receivable File for each Receivable listed
in the Schedule of Receivables attached as Schedule A to said Sale and Servicing Agreement except as noted in the Custodian Exception List attached as Schedule I and the Lien Perfection Exception List attached as Schedule II hereto. 

IN WITNESS WHEREOF, AmeriCredit Financial Services, Inc. has caused this acknowledgement to be executed by its duly authorized officer as
of this 19th day of August, 2010. 
  

			
	 AMERICREDIT FINANCIAL SERVICES,

INC., as Custodian

		
	By:	 	  

		 	Name:
		 	Title:

 SCHEDULE I 

Custodian Exception List 
  

 1 

 SCHEDULE II 

Lien Perfection Exception List 
  

 2Lockbox Account Agreement, dated August 2, 2010

 Exhibit 10.9 

EXECUTION COPY 

SERIES 2010-B LOCKBOX ACCOUNT AGREEMENT 

August 2, 2010 

JPMorgan Chase Bank, N.A. (“Processor”), AmeriCredit Financial Services, Inc. (“AmeriCredit”) and Wells
Fargo Bank, National Association, as Trustee (the “Trustee”), agree as follows: 
 1. Servicing
Arrangements. AmeriCredit, as Servicer (the “Servicer”), AFS SenSub Corp., as Seller (“Seller”), AmeriCredit Automobile Receivables Trust 2010-B (the “Trust”) and the Trustee entered into a Sale
and Servicing Agreement dated as of August 2, 2010 (as amended, supplemented and otherwise modified from time to time, the “Sale and Servicing Agreement”), relating to the Receivables (as such term is defined in the Sale and
Servicing Agreement), pursuant to which the Receivables were sold, transferred, assigned, or otherwise conveyed to the Trust. The Sale and Servicing Agreement contemplates the engagement of a processor and includes terms for the opening of the
Lockbox Account (as defined herein), and the Indenture contemplates that the Lockbox Account will be assigned and pledged to the Trust Collateral Agent. The Sale and Servicing Agreement does not include specific terms for the provision of data
processing services and deposit of remittance items. Such terms are set forth in this Lockbox Account Agreement (the “Agreement”). All capitalized terms used herein and not otherwise defined herein shall have the meanings specified
in the Sale and Servicing Agreement. 
 2. Remittance Processing Services. In order to provide a means of collection of
the Receivables which will allow the Trustee to receive the proceeds of the Receivables and related security without AmeriCredit or its Affiliates having access to the funds, the parties hereto agree for the benefit of the Trustee that the banking
services (the “Service(s)”) of Processor will be used for the deposit of remittances related to the Receivables and related security. 

3. Customer Remittances. Third party money wire transfer providers, which shall include Western Union Financial Services, Inc.
(other such providers may perform the services herein with the prior written consent of the Insurer) (“ACH Service”) may from time to time electronically deposit funds in the Lockbox Account (as defined herein) on behalf of Obligors
and such ACH Service shall be authorized by Processor to electronically debit the Lockbox Account for the amounts of any return items from Obligors; provided, however, the electronic debit of the Lockbox Account for any return items by all ACH
Services may not exceed $100,000 in the aggregate per day. Processor is authorized to establish such arrangements, on such terms deemed prudent by Processor, with such ACH Service concerning the electronic access to the Lockbox Account. 

4. The Lockbox Account. 

(a) Processor (ABA No. 122100024) has established account number 662633197 (the “Lockbox Account”) in the name of
the Trust. Pursuant to the terms of the Indenture and during the term of this Agreement, and except as otherwise required by law (e.g., for purposes of attachment, execution and other forms of legal process), all collected funds held in the Lockbox
Account shall be deemed to be the Trustee’s funds, and the Trustee will have exclusive right to control such funds and to make demand upon or otherwise require Processor to make payment of any such funds to any person. In the event a successor
Processor has become Processor, the 

 
successor Processor’s notice of the new Lockbox Account pursuant to Section 16 shall amend and replace the Lockbox Account above without the execution or filing of any document or any
further act by any of the parties to this Agreement. 
 (b) Unless otherwise directed by the Trustee (with the written consent
of the Insurer), AmeriCredit agrees that all collected funds on deposit in the Lockbox Account shall be transferred from the Lockbox Account within two Business Days by wire transfer in immediately available funds to the following account: Wells
Fargo Bank, National Association, Account No. 0001038377 f/b/o 80481301; ABA No. 121000248 (the “Collection Account”). 

(c) Each party hereto agrees that all funds deposited into the Lockbox Account will not be subject to deduction, setoff, banker’s
lien, or any other similar right in favor of any person, except that Processor or ACH Service may setoff against the Lockbox Account the face amount of any check or other item deposited in and credited to such Lockbox Account which is subsequently
returned for any reason or is otherwise not collected, necessary account adjustments as a result of errors and overdrafts related to return items. If there are insufficient funds in the Lockbox Account to pay items charged back to the Lockbox
Account and AmeriCredit has not remitted payment within 10 days of demand therefor by Processor, the Trustee shall, upon provision of evidence satisfactory to the Trustee, make payment to Processor for any such amounts from funds in the Collection
Account but, only to the extent that such amount was actually received by the Trustee. If there are insufficient funds in the Lockbox Account to pay items charged back to the Lockbox Account, AmeriCredit shall remit payment within 2 days of demand
therefore by Processor. 
 5. Applicable Documentation. This Agreement supplements, rather than replaces,
Processor’s deposit account agreement, terms and conditions, and other standard documentation in effect from time to time with respect to the Lockbox Account or the services provided in connection therewith (the “Applicable
Documentation”), which Applicable Documentation will continue to apply to the Lockbox Account and such services, and the respective rights, powers, duties, obligations, liabilities and responsibilities of the parties thereto and hereto, to
the extent not expressly conflicting with the provisions of this Agreement (however, in the event of any such conflict, the provisions of this Agreement shall control). Prior to issuing any instructions, the Trustee shall provide Processor with such
documentation as Processor may reasonably request to establish the identity and authority of the individuals issuing instructions on behalf of the Trustee. The Trustee may request the Processor to provide other services with respect to the Lockbox
Account; however, if such services are not authorized or otherwise covered under the Applicable Documentation, Processor’s decision to provide any such services shall be made in its sole discretion (including without limitation being subject to
AmeriCredit and/or the Trustee executing such Applicable Documentation or other documentation as Processor may require in connection therewith). 

6. Processor’s General Duties. Notwithstanding anything to the contrary in this Agreement: (i) Processor shall have only
the duties and responsibilities with respect to the matters set forth herein as is expressly set forth in writing herein and shall not be deemed to be an agent, bailee or fiduciary for any party hereto; (ii) Processor shall be fully protected
in acting or refraining from acting in good faith without investigation on any notice, instruction or request purportedly furnished to it by AmeriCredit or the Trustee in accordance with the terms hereof, in which case the parties hereto agree that
Processor has no duty to make any further inquiry 
  

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whatsoever; (iii) it is hereby acknowledged and agreed that Processor has no knowledge of (and is not required to know) the terms and provisions of the Sale and Servicing Agreement referred
to in Section 1 above or any other related documentation or whether any actions by the Trustee, AmeriCredit or any other person or entity are permitted or a breach thereunder or consistent or inconsistent therewith; and (iv) Processor
shall not be liable to any party hereto or any other person for any action or failure to act under or in connection with this Agreement except to the extent such conduct constitutes its own willful misconduct or negligence. 

7. Processing of Items. The provision of services shall be governed by the Processor’s Treasury Management Services
Agreement, Commercial Account Agreement or other applicable agreements and related service terms (individually and collectively, the “Bank Agreements”), as may be amended from time to time, subject to the prior written consent to
any such amendments of a material nature by the Trustee, the Insurer and AmeriCredit, which consents shall not be unreasonably withheld, conditioned or delayed. 

8. Confidentiality. Processor agrees that all information concerning the Obligors of the Receivables which comes into
Processor’s possession pursuant to this Agreement, other than that which is already known by Processor or to the general public, will be treated in a confidential manner. 

9. Fees. Unless otherwise agreed by Processor, AmeriCredit shall pay Processor the fees set forth for this Service in
Processor’s most current Price List as in effect from time to time, plus additional fees for the performance of services beyond the terms of this Agreement, or resulting from increased expenses incurred by the failure of AmeriCredit to furnish
within a reasonable period of time following a request by Processor, data in a form acceptable to Processor. Processor shall look first to AmeriCredit for payment of such fees. If AmeriCredit fails to pay Processor within thirty (30) days of
receipt of invoice but in any event no later than forty-five (45) days from the date of the invoice, Processor will notify the Trustee in writing as soon as practicable and provide to the Trustee a copy of such unpaid invoice. Subject to rights
to terminate this Agreement pursuant to Section 14, Processor will continue to perform its services under this Agreement and the amount reflected in such invoice will be paid to Processor by the Trustee out of funds in the Collection Account on
the next Distribution Date (as defined below), which follows by at least three Business Days the date of giving such notice to the Trustee. Any fees unpaid after such date will be considered unpaid fees. “Distribution Date” means the sixth
day of the following calendar month, or, if such day is not a Business Day, the immediately following Business Day. 
 10.
Processor’s Liability for Nonperformance. In performing the Services, Processor will exercise ordinary care and act in good faith. Processor shall be deemed to have exercised ordinary care if its action or failure to act is in conformity
with general banking usages or is otherwise a commercially reasonable practice of the banking industry. Processor’s liability relating to its or its employees’, officers’ or agents’ performance or failure to perform hereunder, or
for any other action or inaction of Processor, or its employees, officers or agents, shall be limited exclusively to the lesser of (i) any direct losses which are caused by the failure of Processor, its employees, officers or agents to exercise
reasonable care and/or act in good faith, and (ii) the face amount of any item, check, payment or other funds lost or mishandled by the action or inaction of Processor. Under no circumstances will Processor be liable for any general, indirect,
special, incidental, punitive or consequential damages or for damages caused, in whole 
  

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or in part, by the action or inaction of AmeriCredit or the Trustee, whether or not such action or inaction constitutes negligence. Processor will not be liable for any damage, loss, liability or
delay caused by accidents, strikes, fire, flood, war, riot, equipment breakdown, electrical or mechanical failure, acts of God or any cause which is reasonably unavoidable or beyond its reasonable control. AmeriCredit agrees that the fees charged by
Processor for the performance of this Service shall be deemed to have been established in contemplation of these limitations on Processor’s liability. In addition, AmeriCredit agrees to indemnify and hold Processor harmless from all liability
on the part of Processor under this Section 10 except such liability as is attributable to the gross negligence of Processor. 

11. Indemnification by AmeriCredit. AmeriCredit agrees to indemnify, defend and hold Processor harmless from and against any and
all damage, loss, cost, expense or liability of any kind, including, without limitation, reasonable attorneys’ fees and court costs, which results, directly or indirectly, in whole or in part, from any negligence and willful misconduct or
infidelity of AmeriCredit or any agent or employee of AmeriCredit, incurred in connection with this Agreement or the Lockbox Account or any interpleader proceeding relating thereto or from Processor acting upon information furnished by AmeriCredit
under this Agreement. AmeriCredit will remain liable for all indemnification under this Section 11 after its removal and/or resignation as Servicer. 

12. Other Agreements. Processor shall not be bound by any agreement between any of the other parties hereto irrespective of
whether Processor has knowledge of the existence of any such agreement or the terms and provisions thereof. 
 13.
Records. This Agreement and the performance by Processor of the Services hereunder shall not relieve Processor of any obligation imposed by law or contract regarding the maintenance of records. 

14. Amendment and Termination. This Agreement may only be amended in writing signed by all parties to this Agreement and the
Insurer. AmeriCredit or Trustee may immediately terminate this Agreement for cause, provided, however, that a similar agreement has been executed with a successor processor reasonably acceptable to the Trustee and the Insurer or the Trustee and the
Insurer have consented to such termination. The Trustee may immediately terminate this Agreement, at any time with the consent of the Insurer, and shall do so, at the direction of the Insurer, upon written notice to the other parties hereto.
Otherwise, any party may terminate this Agreement on sixty (60) days’ prior written notice to the others; provided, however, that AmeriCredit shall promptly notify the Insurer of receipt of any such notice and shall arrange for alternative
account services satisfactory to the Insurer prior to the termination of the Services. Upon any termination of the Agreement, the Lockbox Account shall remain open for the deposit of remittances related to the Receivables and related security for a
period of at least ninety (90) days after the termination date, unless arranged otherwise between AmeriCredit and Processor. After any termination, Processor’s fees with respect to the Services it performs during such period shall be
consistent with such fees at the time of such termination. 
 15. Successor Servicer. Each of Processor and the Trustee
agrees that if the Servicer has been terminated or resigns as Servicer, this Agreement shall not thereupon terminate and the successor servicer appointed pursuant to the Sale and Servicing Agreement shall succeed, except as otherwise provided
herein, to all rights, benefits, duties and obligations of the 
  

 4 

 
Servicer hereunder. Prior to the termination or resignation of the Trustee or the Servicer, the Trustee or the Servicer, respectively, shall provide notice to Processor in accordance with the
terms and conditions to which each of the Trustee or the Servicer, respectively, is itself entitled upon termination or resignation. 

16. Successor Processor. Any company or national banking association into which Processor may be merged or converted or with which
it may be consolidated, or any company or national banking association resulting from any merger, conversion or consolidation to which it shall be a party or any company or national association to which Processor may sell or transfer all or
substantially all of its business (provided any such company or national banking association shall be a company organized under the laws of any state of the United States or a national banking association and shall be eligible to perform all of the
duties imposed upon it by this Agreement) shall be the successor to Processor hereunder without the execution or filing of any document or any further act by any of the parties to this Agreement; provided, however, that Processor notify the Trustee,
the Insurer and AmeriCredit of any such merger, conversion or consolidation within 30 days of its occurrence. If such successor requires the establishment of a new account, then the successor Processor shall as soon as practicable after the
occurrence of any such merger, conversion or consolidation (i) establish the new Lockbox Account and (ii) send written notice to the Trustee, the Insurer and AmeriCredit with respect to the new Lockbox Account number. 

17. Third Party Beneficiary. This Agreement shall inure to the benefit of the Insurer, and all covenants and agreements in this
Agreement shall be for the benefit of and run directly to the Insurer, and the Insurer shall be entitled to rely on and, subject to the limitations on liability set forth herein, enforce such covenants to the same extent as if it were a party to
this Agreement; provided, however, that, notwithstanding this provision, the liability of the Processor under this Agreement shall not under any circumstances exceed the respective liability of the Processor in the absence of any such
third-party beneficiary. 
 18. Governing Law. This Agreement shall be governed by the laws of the State of Texas. All
parties hereby waive all rights to a trial by jury in any action or proceeding relating to Lockbox Account or this Agreement. 

19. Notices. All written notices required by this Agreement shall be delivered or mailed to the other parties at the addresses set
forth below or to such other address as a party may specify in writing. 
  

			
	Processor:	  	JPMorgan Chase Bank, N.A.
		  	2200 Ross Avenue, Floor 10
		  	Mail code TX1-2946,
		  	Dallas, TX 75201-2787
		  	Attention: Belinda Crow
		
		  	With a copy to:
		
		  	JPMorgan Chase Bank, N.A.
		  	2200 Ross Avenue, Floor 3
		  	Mail code TX1-2903,
		  	Dallas, TX 75201-2787
		  	Attention: Michael Lister

  

 5 

			
	AmeriCredit:	  	AmeriCredit Financial Services, Inc.
		  	801 Cherry Street, Suite 3500
		  	Fort Worth, Texas 76102
		  	Attention: Chief Financial Officer
		
	Trustee:	  	Wells Fargo Bank, National Association
		  	Sixth Street and Marquette Avenue
		  	MAC N9311-161
		  	Minneapolis, Minnesota 55479
		  	Attention: AmeriCredit Automobile Receivables Trust 2010-B
		
	Insurer:	  	Assured Guaranty Corp.
		  	31 West
52nd Street
		  	New York, New York 10019
		  	Attention: Senior Vice President, Transaction Oversight

20. Bankruptcy. Processor hereby covenants and agrees that, prior to the date which is one year and one day after the payment in
full of the Notes and all amounts owed under the Indenture and the Sale and Servicing Agreement (including, without limitation, amounts owed to the Insurer), Processor will not institute against or join with any other person in instituting against
the Trust or the Seller, any proceeding or file any petition against the Trust or the Seller under any bankruptcy, insolvency or similar law for the relief or aid of debtors (including, without limitation, Title 11 of the United States Code or any
amendment thereto), seeking the dissolution, liquidation, arrangement, reorganization or similar relief of the Trust or the Seller or the appointment of a receiver, trustee, custodian or liquidator of the Trust or the Seller, or issue any writ,
order, judgment warrant of attachment, execution or similar process against a substantial part of the property, assets or business of the Trust or the Seller. This covenant shall survive the termination of this Agreement. 

[Remainder of Page Intentionally Left Blank] 
  

 6 

													
	PROCESSOR:	 		 	AMERICREDIT:
			
	JPMORGAN CHASE BANK, N.A.	 		 	AMERICREDIT FINANCIAL SERVICES, INC.
					
	By:	 	 /s/ Patricia J. Caspary
	 		 	By:	 	 /s/ Susan B. Sheffield

		 	Name:	 	Patricia J. Caspary	 		 		 	Name:	 	Susan B. Sheffield
		 	Title:	 	Vice President	 		 		 	Title:	 	Executive Vice President, Structured Finance

TRUSTEE: 
 WELLS FARGO BANK, 

NATIONAL ASSOCIATION, 
 as Trustee 

 

					
	By:	 	 /s/ Marianna C. Stershic

		 	Name:	 	Marianna C. Stershic
		 	Title:	 	Vice President

 [Series 2010-B Lockbox
Account Agreement]

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