Document:

EX-4.1 Third Amendment to Five-Year Credit Agreeme

 

Exhibit 4.1

EXECUTION COPY

THIRD AMENDMENT

     THIRD AMENDMENT, dated as of March 26, 2008 (this “Amendment”), to the FIVE-YEAR
CREDIT AGREEMENT, dated as of July 14, 2005, as amended by the First Amendment thereto dated as of
April 12, 2006 and the Second Amendment thereto dated as of July 18, 2007, among AUTONATION, INC.,
a Delaware corporation (the “Borrower”), the Lenders party thereto, J.P. MORGAN SECURITIES
INC. and BANC OF AMERICA SECURITIES LLC, as co-lead arrangers and joint bookrunners, BANK OF
AMERICA, N.A., as syndication agent, JPMORGAN CHASE BANK, N.A., as administrative agent (in such
capacity, the “Administrative Agent”), and the other agents party thereto (as amended,
supplemented or otherwise modified from time to time, the “Credit Agreement”).

W
I T N E S S E
T H:

     WHEREAS, the Borrower has requested an amendment to the Credit Agreement as more fully set
forth herein; and

     WHEREAS, the Lenders party hereto have agreed to such amendment but only on the terms and
conditions contained in this Amendment;

     NOW, THEREFORE, the parties hereto hereby agree as follows:

     SECTION 1. Defined Terms. Unless otherwise defined herein, terms defined in the
Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement.

     SECTION 2. Amendment. Effective as of the date on which all the conditions precedent
set forth in Section 3 hereof shall be satisfied (such date, the “Effective Date”), the
Credit Agreement shall be amended by replacing the definition of “Consolidated EBITDA” with the
following:

     “Consolidated EBITDA” means, with respect to the Borrower and its Subsidiaries
for any period of computation thereof during such period, (a) the sum of, without
duplication, (i) Consolidated Net Income, plus (ii) Consolidated Interest Expense
during such period, plus (iii) taxes on income during such period, plus (iv)
amortization during such period, plus (v) depreciation during such period (with the
exclusion of any depreciation related to Vehicles), plus (vi) non-cash charges
arising from share-based payments (as defined in accordance with GAAP) to employees
and directors, plus (vii) to the extent reflected as a charge in the statement of
Consolidated Net Income for such period, any non-cash impairment charge or asset
write-off of the Borrower and its Subsidiaries pursuant to Financial Accounting
Standards Board Statement No. 142 “Goodwill and Other Intangible Assets” or
Financial Accounting Standards Board Statement No. 144 “Accounting for the
Impairment or Disposal of Long-Lived Assets” and the amortization of intangibles
arising pursuant to Financial Accounting Standards Board Statement No. 141 or No.
141 (revised 2007) “Business Combinations” minus (b) any cash payments made
during such period in respect of items described in clause (vii) above subsequent to
the fiscal quarter in which the relevant non-cash charges were reflected as a charge
in the statement of Consolidated Net Income; the foregoing to be determined on a
consolidated basis in accordance with GAAP applied on a Consistent Basis subject to
the Acquisition Adjustments.

 

 

     SECTION 3. Conditions to Effectiveness. This Amendment shall become effective upon
the date on which each of the following conditions shall have been satisfied:

     (a) the Administrative Agent shall have received this Amendment, executed and delivered by a
duly authorized officer of (i) the Borrower, (ii) the Administrative Agent and (iii) the Required
Lenders; and

     (b) the Administrative Agent shall have received evidence that all fees payable by the
Borrower on the Effective Date to the Administrative Agent required pursuant to Section 5 hereof
have been paid in full.

     SECTION 4. Representations and Warranties. The Borrower hereby represents and
warrants to the Administrative Agent and each Lender that:

     (a) The Borrower has the power and authority to execute, deliver and perform this Amendment
and to borrow under the Amended Credit Agreement. The Borrower has taken all necessary corporate
or other action to authorize the execution, delivery and performance of this Amendment and to
authorize the borrowings under the Amended Credit Agreement. No material consent, approval or
authorization of or filing, registration or qualification with, any Governmental Authority or other
authority or any other Person on the part of the Borrower or any Subsidiary is required as a
condition to the execution, delivery, performance or consummation of the transactions contemplated
by this Amendment, except consents, approvals, filings, registrations or qualifications which have
been obtained or effected, as the case may be and are in full force and effect. This Amendment has
been duly executed and delivered on behalf of the Borrower. This Amendment constitutes a legal,
valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with
its terms, except as enforceability may be limited by applicable bankruptcy, insolvency,
reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally
and by general equitable principles (whether enforcement is sought by proceedings in equity or at
law).

     (b) The execution, delivery and performance of this Amendment will not violate any applicable
law, rule or regulation or conflict with any material indenture, agreement or other instrument to
which the Borrower is a party, or by which the properties or assets of the Borrower is bound and
will not result in the creation or imposition of any Lien, charge or encumbrance of any nature
whatsoever upon any of the properties or assets of the Borrower pursuant to any such agreement.

     (c) Each of the representations and warranties made by any Loan Party herein or in the Loan
Documents as amended by this Amendment is true and correct on and as of the Effective Date, as if
made on and as of such date (except that any representation or warranty which by its terms is made
as of an earlier date shall be true and correct as of such earlier date); and

     (d) There does not exist any Default or Event of Default.

     SECTION 5. Payment of Expenses. The Borrower agrees to pay or reimburse the
Administrative Agent for all of its reasonable and documented out-of-pocket costs and expenses
incurred in connection with this Amendment and the transactions contemplated hereby, including the
reasonable fees and expenses of counsel to the Administrative Agent to the extent invoiced prior to
or on the Effective Date (which may include amounts constituting reasonable estimates of such fees
and expenses incurred or to be incurred in connection with this Amendment; provided that no
such estimate shall thereafter preclude the final settling of accounts as to such fees and
expenses).

2

 

     SECTION 6. No Other Amendments or Waivers; Confirmation. Except as expressly provided
hereby, all of the terms and provisions of the Credit Agreement and the other Loan Documents
are and shall remain in full force and effect. The amendments contained herein shall not be
construed as an amendment of any other provision of the Credit Agreement or the other Loan
Documents or for any purpose except as expressly set forth herein or a consent to any further or
future action on the part of the Borrower that would require the waiver or consent of the
Administrative Agent or the Lenders.

     SECTION 7. GOVERNING LAW; MISCELLANEOUS. (a) THIS AMENDMENT AND THE RIGHTS AND
OBLIGATIONS OF THE PARTIES UNDER THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED
IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

     (b) On and after the Effective Date, each reference in the Credit Agreement to “this
Agreement”, “hereunder”, “hereof”, “herein”, or words of like import referring to the Credit
Agreement, and each reference in the other Loan Documents to the “Credit Agreement”, “thereunder”,
“thereof”, or words of like import referring to the Credit Agreement shall mean and be a reference
to the Credit Agreement as amended by this Amendment.

     (c) This Amendment may be executed by one or more of the parties to this Agreement on any
number of separate counterparts, and all of said counterparts taken together shall be deemed to
constitute one and the same instrument. A set of the copies of this Amendment signed by all the
parties shall be lodged with the Borrower and the Administrative Agent. This Amendment may be
delivered by facsimile transmission of the relevant signature pages hereof.

     (d) The Administrative Agent shall give notice to the Borrower promptly upon the occurrence of
the “Effective Date.”

     (e) The execution and delivery of this Amendment by any Lender shall be binding upon each of
its successors and assigns (including assignees of its Loans or Revolving Credit Commitments in
whole or in part prior to effectiveness hereof).

3

 

     IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and
delivered by their respective proper and duly authorized officers as of the day and year first
above written.

	 	 	 	 	 
	 	AUTONATION, INC.

 	 
	 	By:  	/s/ James J. Teufel
 	 
	 	 	Name:  	James J. Teufel 	 
	 	 	Title:  	Vice President and Treasurer 	 
	 
	 
	 	JPMORGAN CHASE BANK, N.A., as Administrative Agent
and as Lender

 	 
	 	By:  	                      /s/ Robert P. Kellas
 	 
	 	 	Name:  	Robert P. Kellas 	 
	 	 	Title:  	Executive Director 	 
	 

 

 

 

Signature page to Third Amendment

to AutoNation Credit Agreement

4

 

	 	 	 	 	 
	 	Name of Institution: Bank of America, N.A.

 	 
	 	By:  	/s/ M. Patricia Kay
 	 
	 	 	Name:  	M. Patricia Kay 	 
	 	 	Title:  	Senior Vice President 	 
	 

 

 

 

Signature page to Third Amendment

to AutoNation Credit Agreement

5

 

	 	 	 	 	 
	 	Name of Institution: Cathay United Bank

 	 
	 	By:  	/s/ Clement Au
 	 
	 	 	Name:  	Clement Au 	 
	 	 	Title:  	VP 	 
	 

 

 

 

Signature page to Third Amendment

to AutoNation Credit Agreement

6

 

	 	 	 	 	 
	 	Name of Institution: Comerica Bank

 	 
	 	By:  	/s/ Joseph M. Davignon
 	 
	 	 	Name:  	Joseph M. Davignon 	 
	 	 	Title:  	Senior Vice President 	 
	 

 

 

 

Signature page to Third Amendment

to AutoNation Credit Agreement

7

 

	 	 	 	 	 
	 	Name of Institution: Fifth Third Bank, A Michigan Banking Corporation

 	 
	 	By:  	/s/ John A. Marian
 	 
	 	 	Name:  	John A. Marian 	 
	 	 	Title:  	Vice President 	 
	 

 

 

 

Signature page to Third Amendment

to AutoNation Credit Agreement

8

 

	 	 	 	 	 
	 	Name of Institution: Mizuho Corporate Bank, Ltd.

 	 
	 	By:  	/s/ Bertram H. Tang
 	 
	 	 	Name:  	Bertram H. Tang 	 
	 	 	Title:  	Authorized Signatory 	 
	 

 

 

 

Signature page to Third Amendment

to AutoNation Credit Agreement

9

 

	 	 	 	 	 
	 	Name of Institution: SunTrust Bank

 	 
	 	By:  	/s/ William C. Barr, III
 	 
	 	 	Name:  	William C. Barr, III 	 
	 	 	Title:  	Managing Director 	 
	 

 

 

 

Signature page to Third Amendment

to AutoNation Credit Agreement

10

 

	 	 	 	 	 
	 	Name of Institution: Toyota Motor Credit Corporation

 	 
	 	By:  	/s/ Mark Doi
 	 
	 	 	Name:  	Mark Doi 	 
	 	 	Title:  	National Dealer Credit Manager 	 
	 

 

 

 

Signature page to Third Amendment

to AutoNation Credit Agreement

11

 

	 	 	 	 	 
	 	Name of Institution: Union Bank of California, N.A.

 	 
	 	By:  	/s/ Christine Davis
 	 
	 	 	Name:  	Christine Davis 	 
	 	 	Title:  	Vice President 	 
	 

 

 

 

Signature page to Third Amendment

to AutoNation Credit Agreement

12

 

	 	 	 	 	 
	 	Name of Institution: Wachovia Bank, NA

 	 
	 	By:  	/s/ Michael R. Burkitt
 	 
	 	 	Name:  	Michael R. Burkitt 	 
	 	 	Title:  	Senior Vice President 	 
	 

 

 

 

Signature page to Third Amendment

to AutoNation Credit Agreement

13

 

	 	 	 	 	 
	 	Name of Institution: Wells Fargo Bank, National Association

 	 
	 	By:  	/s/ William P. Schmechel
 	 
	 	 	Name:  	William P. Schmechel 	 
	 	 	Title:  	Vice President 	 
	 

 

 

 

Signature page to Third Amendment

to AutoNation Credit Agreement

14

 

     The foregoing is hereby acknowledged, agreed and consented to by each of the undersigned
Guarantors:

	 	 	 	 	 
	 	EACH OF THE SUBSIDIARIES LISTED ON 

ANNEX A HERETO

 	 
	 	By:  	/s/ James J. Teufel
 	 
	 	 	Name:  	James J. Teufel 	 
	 	 	Title:  	Treasurer 	 
	 

	 	 	 	 	 
	 	EACH OF THE SUBSIDIARIES LISTED ON 

ANNEX B HERETO

 	 
	 	By:  	/s/ James J. Teufel
 	 
	 	 	Name:  	James J. Teufel 	 
	 	 	Title:  	Assistant Treasurer 	 
	 

 

 

 

Signature page to Third Amendment

to AutoNation Credit Agreement

15

 

Annex A

ACER Fiduciary, Inc.

AN Dealership Holding Corp.

Atrium Restaurants, Inc.

Auto Ad Agency, Inc.

Auto Holding Corp.

AutoNation Corporate Management LLC

AutoNation Enterprises Incorporated

AutoNation Financial Services Corp.

AutoNation Holding Corp.

AutoNation Motors Holding Corp.

AutoNation Vermont, Inc.

AutoNationDirect.com, Inc.

BOSC Automotive Realty, Inc.

Charlie Thomas Courtesy Leasing, Inc.

Corporate Properties Holding, Inc.

Dealership Properties, Inc.

Dealership Realty Corporation

Driver’s Mart Worldwide, Inc.

Empire Services Agency, Inc.

Florida Auto Corp.

Mechanical Warranty Protection, Inc.

Real Estate Holdings, Inc.

Republic Resources Company

Republic Risk Management Services, Inc.

Resources Aviation, Inc.

Rosecrans Investments, LLC

RRM Corporation

RSHC, Inc.

SCM Realty, Inc.

Spitfire Properties, Inc.

The Consulting Source, Inc.

Triangle Corporation

 

 

Annex B

7 Rod Real Estate North, a Limited Liability Company

7 Rod Real Estate South, a Limited Liability Company

Abraham Chevrolet-Miami, Inc.

Abraham Chevrolet-Tampa, Inc.

Al Maroone Ford, LLC

Albert Berry Motors, Inc.

Allison Bavarian

Allison Bavarian Holding, LLC

All-State Rent A Car, Inc.

American Way Motors, Inc.

AN Cadillac of WPB, LLC

AN Chevrolet — Arrowhead, Inc.

AN Chevrolet of Phoenix, LLC

AN CJ Valencia, Inc.

AN Collision Center of Addison, Inc.

AN Corpus Christi Chevrolet, LP

AN Corpus Christi GP, LLC

AN Corpus Christi Imports Adv. GP, LLC

AN Corpus Christi Imports Adv., LP

AN Corpus Christi Imports GP, LLC

AN Corpus Christi Imports II GP, LLC

AN Corpus Christi Imports II, LP

AN Corpus Christi Imports, LP

AN Corpus Christi Motors, Inc.

AN Corpus Christi T. Imports GP, LLC

AN Corpus Christi T. Imports, LP

AN County Line Ford, Inc.

AN Central Region Management, LLC

AN Florida Region Management, LLC

AN Fremont Luxury Imports, Inc.

AN Imports of Lithia Springs, LLC

AN Imports on Weston Road, Inc.

AN Luxury Imports GP, LLC

AN Luxury Imports Holding, LLC

AN Luxury Imports of Palm Beach, Inc.

AN Luxury Imports of Pembroke Pines, Inc.

AN Luxury Imports of San Diego, Inc.

AN Luxury Imports of Sarasota, Inc.

AN Luxury Imports of Tucson, Inc.

AN Luxury Imports, Ltd.

AN Motors of Dallas, Inc.

AN Motors of Delray Beach, Inc.

AN Motors of Scottsdale, LLC

AN Pontiac GMC Houston North GP, LLC

AN Pontiac GMC Houston North, LP

AN Subaru Motors, Inc.

AN Texas Region Management, Ltd.

AN West Central Region Management, LLC

AN Western Region Management, LLC

 

 

AN/CF Acquisition Corp.

AN/FMK Acquisition Corp.

AN/GMF, Inc.

AN/KPBG Motors, Inc.

AN/MF Acquisition Corp.

AN/MNI Acquisition Corp.

AN/PF Acquisition Corp.

AN/STD Acquisition Corp.

Anderson Chevrolet

Anderson Chevrolet Los Gatos, Inc.

Anderson Cupertino, Inc.

Appleway Chevrolet, Inc.

Auto Car Holding, LLC

Auto Car, Inc.

Auto Mission Holding, LLC

Auto Mission, Ltd.

Auto West, Inc.

Autohaus Holdings, Inc.

AutoNation Dodge of Pembroke Pines, Inc.

AutoNation Fort Worth Motors, Ltd.

AutoNation GM GP, LLC

AN Imports of Fort Lauderdale, Inc.

AutoNation Imports of Katy GP, LLC

AutoNation Imports of Katy, L.P.

AutoNation Imports of Lithia Springs, Inc.

AutoNation Imports of Longwood, Inc.

AutoNation Imports of Palm Beach, Inc.

AutoNation Imports of Winter Park, Inc.

AutoNation Motors of Lithia Springs, Inc.

AutoNation North Texas Management GP, LLC

AutoNation Northwest Management, LLC

AutoNation Orlando Venture Holdings, Inc.

AutoNation Realty Corporation

AutoNation USA of Perrine, Inc.

AutoNation V. Imports of Delray Beach, LLC

Bankston Auto, Inc.

Bankston Chrysler Jeep of Frisco, L.P.

Bankston CJ GP, LLC

Bankston Ford of Frisco, Ltd. Co.

Bankston Nissan in Irving, Inc.

Bankston Nissan Lewisville GP, LLC

Bankston Nissan Lewisville, Ltd.

Bargain Rent-A-Car

Batfish, LLC

BBCSS, Inc.

Beach City Chevrolet Company, Inc.

Beach City Holding, LLC

Beacon Motors, Inc.

Bell Dodge, L.L.C.

Bengal Motor Company, Ltd.

Bengal Motors, Inc.

 

 

Bill Ayares Chevrolet, LLC

Bledsoe Dodge, LLC

Bob Townsend Ford, Inc.

Body Shop Holding Corp.

Brown & Brown Chevrolet — Superstition Springs, LLC

Brown & Brown Chevrolet, Inc.

Brown & Brown Nissan Mesa, L.L.C.

Brown & Brown Nissan, Inc.

Buick Mart Limited Partnership

Bull Motors, LLC

C. Garrett, Inc.

Carlisle Motors, LLC

Carwell Holding, LLC

Carwell, LLC

Cerritos Body Works Holding, LLC

Cerritos Body Works, Inc.

Cerritos Imports Holding, LLC

Cerritos Imports, Inc.

Champion Chevrolet Holding, LLC

Champion Chevrolet, LLC

Champion Ford, Inc.

Charlie Hillard, Inc.

Charlie Thomas Chevrolet GP, LLC

Charlie Thomas Chevrolet, Ltd.

Charlie Thomas Chrysler-Plymouth, Inc.

Charlie Thomas’ Courtesy Ford, Ltd.

Charlie Thomas’ Courtesy GP, LLC

Charlie Thomas F. GP, LLC

Charlie Thomas Ford, Ltd.

Chesrown Auto, LLC

Chesrown Chevrolet, LLC

Chesrown Collision Center, Inc.

Chesrown Ford, Inc.

Chevrolet World, Inc.

Chuck Clancy Ford of Marietta, LLC

CJ Valencia Holding, LLC

Coastal Cadillac, Inc.

Consumer Car Care Corporation

Contemporary Cars, Inc.

Cook-Whitehead Ford, Inc.

Costa Mesa Cars Holding, LLC

Costa Mesa Cars, Inc.

Courtesy Auto Group, Inc.

Courtesy Broadway, LLC

Covington Pike Motors, Inc.

CT Intercontinental GP, LLC

CT Intercontinental, Ltd.

CT Motors, Inc.

D/L Motor Company

Deal Dodge of Des Plaines, Inc.

Desert Buick-GMC Trucks, L.L.C.

 

 

Desert Chrysler-Plymouth, Inc.

Desert Dodge, Inc.

Desert GMC, L.L.C.

Desert Lincoln-Mercury, Inc.

Dobbs Brothers Buick-Pontiac, Inc.

Dobbs Ford of Memphis, Inc.

Dobbs Ford, Inc.

Dobbs Mobile Bay, Inc.

Dobbs Motors of Arizona, Inc.

Dodge of Bellevue, Inc.

Don Mealey Chevrolet, Inc.

Don Mealey Imports, Inc.

Don-A-Vee Jeep Eagle, Inc.

Downers Grove Dodge, Inc.

Eastgate Ford, Inc.

Ed Mullinax Ford, LLC

Edgren Motor Company, Inc.

Edgren Motor Holding, LLC

El Monte Imports Holding, LLC

El Monte Imports, Inc.

El Monte Motors Holding, LLC

El Monte Motors, Inc.

Elmhurst Auto Mall, Inc.

Emich Chrysler Plymouth, LLC

Emich Dodge, LLC

Emich Oldsmobile, LLC

Emich Subaru West, LLC

Financial Services GP, LLC

Financial Services, Ltd

First Team Automotive Corp.

First Team Ford of Manatee, Ltd.

First Team Ford, Ltd.

First Team Imports, Ltd.

First Team Jeep Eagle, Chrysler Plymouth, Ltd.

First Team Management, Inc.

First Team Premier, Ltd.

Fit Kit Holding, LLC

Fit Kit, Inc.

Ford of Garden Grove Limited Partnership

Ford of Kirkland, Inc.

Fox Chevrolet, LLC

Fox Imports, LLC

Fox Motors, LLC

Fred Oakley Motors, Inc.

Fremont Luxury Imports Holding, LLC

Ft. Lauderdale Nissan, Inc.

G.B. Import Sales & Service Holding, LLC

G.B. Import Sales & Service, LLC

Gene Evans Ford, LLC

George Sutherlin Nissan, LLC

Government Boulevard Motors, Inc.

 

 

Gulf Management, Inc.

Hayward Dodge, Inc.

Hillard Auto Group, Inc.

Hollywood Imports Limited, Inc.

Hollywood Kia, Inc.

Horizon Chevrolet, Inc.

House of Imports Holding, LLC

House of Imports, Inc.

Houston Auto M. Imports Greenway, Ltd.

Houston Auto M. Imports North, Ltd.

Houston Imports Greenway GP, LLC

Houston Imports North GP, LLC

Hub Motor Company, LLC

Irvine Imports Holding, LLC

Irvine Imports, Inc.

Irvine Toyota/Nissan/Volvo Limited Partnership

Jemautco, Inc.

Jerry Gleason Chevrolet, Inc.

Jerry Gleason Dodge, Inc.

Jim Quinlan Chevrolet Co.

Jim Quinlan Ford Lincoln-Mercury, Inc.

Joe MacPherson Ford

Joe MacPherson Imports No. I

Joe MacPherson Infiniti

Joe Macpherson Infiniti Holding, LLC

Joe MacPherson Oldsmobile

John M. Lance Ford, LLC

J-R Advertising Company

J-R Motors Company North

J-R Motors Company South

JRJ Investments, Inc.

J-R-M Motors Company Northwest LLC

Kenyon Dodge, Inc.

King’s Crown Ford, Inc.

L.P. Evans Motors WPB, Inc.

L.P. Evans Motors, Inc.

Lance Children, Inc.

Leesburg Imports, LLC

Leesburg Motors, LLC

Les Marks Chevrolet, Inc.

Lew Webb’s Ford, Inc.

Lew Webb’s Irvine Nissan Holding, LLC

Lew Webb’s Irvine Nissan, Inc.

Lewisville Imports GP, LLC

Lewisville Imports, Ltd.

Lexus of Cerritos Limited Partnership

Lot 4 Real Estate Holdings, LLC

MacHoward Leasing

Machoward Leasing Holding, LLC

MacPherson Enterprises, Inc.

Magic Acquisition Corp.

 

 

Magic Acquisition Holding, LLC

Marks Family Dealerships, Inc.

Marks Transport, Inc.

Maroone Chevrolet Ft. Lauderdale, Inc.

Maroone Chevrolet, LLC

Maroone Dodge, LLC

Maroone Ford, LLC

Maroone Management Services, Inc.

Maroone Oldsmobile, LLC

MC/RII, LLC

Mealey Holdings, Inc.

Metro Chrysler Jeep, Inc.

Midway Chevrolet, Inc.

Mike Hall Chevrolet, Inc.

Mike Shad Chrysler Plymouth Jeep Eagle, Inc.

Mike Shad Ford, Inc.

Miller-Sutherlin Automotive, LLC

Mission Blvd. Motors, Inc.

Mr. Wheels Holding, LLC

Mr. Wheels, Inc.

Mullinax East, LLC

Mullinax Ford North Canton, Inc.

Mullinax Ford South, Inc.

Mullinax Lincoln-Mercury, Inc.

Mullinax of Mayfield, LLC

Mullinax Used Cars, Inc.

Naperville Imports, Inc.

Newport Beach Cars Holding, LLC

Newport Beach Cars, LLC

Nichols Ford, Ltd.

Nichols GP, LLC

Nissan of Brandon, Inc.

Northpoint Chevrolet, LLC

Northpoint Ford, Inc.

Northwest Financial Group, Inc.

Ontario Dodge, Inc.

Orange County Automotive Imports, LLC

Payton-Wright Ford Sales, Inc.

Peyton Cramer Automotive

Peyton Cramer Automotive Holding, LLC

Peyton Cramer F. Holding, LLC

Peyton Cramer Ford

Peyton Cramer Infiniti

Peyton Cramer Infiniti Holding, LLC

Peyton Cramer Jaguar

Peyton Cramer Lincoln-Mercury

Peyton Cramer LM Holding, LLC

Pierce Automotive Corporation

Pierce, LLC

Pitre Buick-Pontiac-GMC of Scottsdale, Inc.

Pitre Chrysler-Plymouth-Jeep of Scottsdale, Inc.

 

 

Pitre Chrysler-Plymouth-Jeep on Bell, Inc.

Pitre Isuzu-Subaru-Hyundai of Scottsdale, Inc.

Plains Chevrolet GP, LLC

Plains Chevrolet, Ltd.

PMWQ, Inc.

PMWQ, Ltd.

Port City Imports, Inc.

Prime Auto Resources, Inc.

Quality Nissan GP, LLC

Quality Nissan, Ltd.

Quinlan Motors, Inc.

R. Coop Limited

R.L. Buscher II, Inc.

R.L. Buscher III, Inc.

Republic DM Property Acquisition Corp.

RI Merger Corp.

RI/ASC Acquisition Corp.

RI/BB Acquisition Corp.

RI/BBNM Acquisition Corp.

RI/BRC Real Estate Corp.

RI/DM Acquisition Corp.

RI/Hollywood Nissan Acquisition Corp.

RI/LLC Acquisition Corp.

RI/LLC-2 Acquisition Corp.

RI/PII Acquisition Corp.

RI/RMC Acquisition GP, LLC

RI/RMC Acquisition, Ltd.

RI/RMP Acquisition Corp.

RI/RMT Acquisition GP, LLC

RI/RMT Acquisition, Ltd.

RI/WFI Acquisition Corporation

RKR Motors, Inc.

Roseville Motor Corporation

Roseville Motor Holding, LLC

Sahara Imports, Inc.

Sahara Nissan, Inc.

Saul Chevrolet Holding, LLC

Service Station Holding Corp.

Shamrock F. Holding, LLC

Shamrock Ford, Inc.

Six Jays LLC

SMI Motors Holding, LLC

SMI Motors, Inc.

Smythe European Holding, LLC

Smythe European, Inc.

Southwest Dodge, LLC

Star Motors, LLC

Steakley Chevrolet GP, LLC

Steakley Chevrolet, Ltd.

Steeplechase Motor Company

Steve Moore Chevrolet Delray, LLC

 

 

Steve Moore Chevrolet, LLC

Steve Moore’s Buy-Right Auto Center, Inc.

Steve Rayman Pontiac-Buick-GMC-Truck, LLC

Stevens Creek Holding, LLC

Stevens Creek Motors, Inc.

Sunrise Nissan of Jacksonville, Inc.

Sunrise Nissan of Orange Park, Inc.

Sunset Pontiac-GMC Truck South, Inc.

Sunset Pontiac-GMC, Inc.

Superior Nissan, Inc.

Sutherlin Chrysler-Plymouth Jeep-Eagle, LLC

Sutherlin H. Imports, LLC

Sutherlin Imports, LLC

Sutherlin Nissan, LLC

Sutherlin Town Center, Inc.

Tartan Advertising, Inc.

Tasha Incorporated

Taylor Jeep Eagle, LLC

Team Dodge, Inc.

Terry York Motor Cars Holding, LLC

Terry York Motor Cars, Ltd.

Texan Ford Sales, Ltd.

Texan Ford, Inc.

Texan Lincoln-Mercury, Inc.

Texan Sales GP, LLC

Texas Management Companies LP, LLC

The Pierce Corporation II, Inc.

Tinley Park A. Imports, Inc.

Tinley Park J. Imports, Inc.

Tinley Park V. Imports, Inc.

Torrance Nissan Holding, LLC

Torrance Nissan, LLC

Tousley Ford, Inc.

Town & Country Chrysler Jeep, Inc.

Toyota Cerritos Limited Partnership

T-West Sales & Service, Inc.

Valencia B. Imports Holding, LLC

Valencia B. Imports, Inc.

Valencia Dodge

Valencia Dodge Holding, LLC

Valencia H. Imports Holding, LLC

Valencia H. Imports, Inc.

Valley Chevrolet, LLC

Vanderbeek Motors Holding, LLC

Vanderbeek Motors, Inc.

Vanderbeek Olds/GMC Truck, Inc.

Vanderbeek Truck Holding, LLC

Village Motors, LLC

Vince Wiese Chevrolet, Inc.

Vince Wiese Holding, LLC

W.O. Bankston Nissan, Inc.

 

 

Wallace Dodge, LLC

Wallace Ford, LLC

Wallace Lincoln-Mercury, LLC

Wallace Nissan, LLC

Webb Automotive Group, Inc.

West Colton Cars, Inc.

West Side Motors, Inc.

Westgate Chevrolet GP, LLC

Westgate Chevrolet, Ltd.

Westmont A. Imports, Inc.

Westmont B. Imports, Inc.

Westmont M. Imports, Inc.

Woody Capital Investment Company II

Woody Capital Investment Company III

Working Man’s Credit Plan, Inc.

York Enterprises Holding, LLCEX-4.2 Supplemental Indenture

 

Exhibit 4.2

SUPPLEMENTAL INDENTURE

SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of March 11, 2008, among
AutoNation, Inc., a Delaware corporation (the “Company”), AN Motors of Dallas, Inc., AN Western
Region Management, LLC f/k/a AN California Region Management, LLC and AN Central Region Management,
LLC f/k/a AN East Central Region Management, LLC (the “Guaranteeing Subsidiary”), which are
indirect subsidiaries of the Company (or its permitted successor), and Wells Fargo Bank, National
Association, as trustee under each indenture referred to below (the “Trustee”).

W I T N E S S E T H

     WHEREAS, the Company, has heretofore executed and delivered to the Trustee an indenture, dated
as of August 10, 2001 (and supplemented as of April 30, 2002, November 7, 2002, March 29, 2004,
November 3, 2005, April 5, 2006, March 19, 2007 and October 18, 2007), providing for the issuance
of 9% Senior Notes due 2008 (the “9% Senior Notes”);

     WHEREAS, the Company has heretofore executed and delivered to the Trustee an indenture, dated
as of April 12, 2006 (and supplemented as of August 17, 2006, January 24, 2007 and October 18,
2007), providing for the issuance of Floating Rate Senior Notes due 2013 and 7% Senior Notes due
2014 (together with the 9% Senior Notes, the “Notes”);

     WHEREAS, each indenture provides that the Guaranteeing Subsidiary shall execute and deliver to
the Trustee a supplemental indenture pursuant to which the Guaranteeing Subsidiary shall
unconditionally guarantee all of the Company’s obligations under the Notes and each indenture on
the terms and conditions set forth herein (the “Guarantee”); and

     WHEREAS, pursuant to Section 9.1 of each indenture, the Trustee is authorized to execute and
deliver this Supplemental Indenture.

     NOW THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, the Company, the Guaranteeing
Subsidiary and the Trustee mutually covenant and agree for the equal and ratable benefit of the
Holders of the Notes as follows:

     1. Capitalized Terms. Capitalized terms used herein without definition shall have the
meanings assigned to them in each indenture.

     2. Agreement to Guarantee. The Guaranteeing Subsidiary hereby agrees as follows:

	 	(a)	 	To jointly and severally Guarantee to each Holder of a Note
authenticated and delivered by the Trustee and to the Trustee and its
successors and assigns, irrespective of the validity and enforceability of each
indenture, the Notes or the obligations of the Company hereunder or thereunder,
that:

	 	(i)	 	the principal of and interest on the Notes will
be promptly paid by the Company in full when due, whether at maturity,
by acceleration, redemption or otherwise, and interest on the overdue
principal of and interest on the Notes, if any, if lawful, and all
other obligations of the Company to the Holders or the Trustee
hereunder or thereunder will be promptly paid by the Company in full or
performed by the Company, all in accordance with the terms hereof and
thereof; and
	 
	 	(ii)	 	in case of any extension of time of payment or
renewal of any Notes or any of such other obligations, that same will
be promptly paid by the Company in full when due or performed by the
Company in accordance with the terms of the extension or renewal,
whether at stated maturity, by acceleration or otherwise.

	 	 	 	 Failing payment when due by the Company of any amount so guaranteed or any
performance so guaranteed which failure continues for three days after
demand therefor
is made to the Company for whatever reason, the Guarantors shall be jointly
and severally obligated to pay the same immediately.

 

 

	 	(b)	 	The obligations hereunder shall be unconditional, irrespective
of the validity, regularity or enforceability of the Notes or each indenture,
the absence of any action to enforce the same, any waiver or consent by any
Holder of the Notes with respect to any provisions hereof or thereof, the
recovery of any judgment against the Company, any action to enforce the same or
any other circumstance which might otherwise constitute a legal or equitable
discharge or defense of a Guarantor.
	 
	 	(c)	 	The following is hereby waived: diligence, presentment, demand
of payment (except as specifically provided in (a) above), filing of claims
with a court in the event of insolvency or bankruptcy of the Company, any right
to require a proceeding first against the Company, protest, notice and all
demands (except as specifically provided in (a) above) whatsoever.
	 
	 	(d)	 	This Guarantee shall not be discharged except (i) by complete
performance of the obligations contained in the Notes and each indenture or
(ii) as provided in Section 5 hereof.
	 
	 	(e)	 	If any Holder or the Trustee is required by any court or
otherwise to return to the Company, the Guarantors, or any Custodian, Trustee,
liquidator or other similar official acting in relation to either the Company
or the Guarantors, any amount paid by either to the Trustee or such Holder,
this Guarantee, to the extent theretofore discharged, shall be reinstated in
full force and effect.
	 
	 	(f)	 	The Guaranteeing Subsidiary shall not be entitled to any right
of subrogation in relation to the Holders in respect of any obligations
guaranteed hereby until payment in full of all obligations guaranteed hereby.
	 
	 	(g)	 	As between the Guarantors, on the one hand, and the Holders and
the Trustee, on the other hand, (x) the maturity of the obligations guaranteed
hereby may be accelerated as provided in Article 6 of each indenture for the
purposes of this Guarantee, notwithstanding any stay, injunction or other
prohibition preventing such acceleration in respect of the obligations
guaranteed hereby, and (y) in the event of any declaration of acceleration of
such obligations as provided in Article 6 of each indenture, such obligations
(whether or not due and payable) shall forthwith become due and payable by the
Guarantors for the purpose of this Guarantee, failing payment when due by the
Company which failure continues for three days after demand therefor is made to
the Company.
	 
	 	(h)	 	The Guarantors shall have the right to seek contribution from
any non-paying Guarantor so long as the exercise of such right does not impair
the rights of the Holders under the Guarantee.

     3. Execution and Delivery. The Guaranteeing Subsidiary agrees that the Guarantees
shall remain in full force and effect notwithstanding any failure to endorse on each Note a
notation of such Guarantee.

     4. Guaranteeing Subsidiaries May Consolidate, Etc. on Certain Terms. No Guaranteeing
Subsidiary may sell nor otherwise dispose of all or substantially all of its assets, or consolidate
with or merge with or into (whether or not such Guarantor is the surviving Person) another
corporation, Person or entity whether or not affiliated with such Guarantor except to the extent
limited by the provisions set forth in each indenture, including, without limitation, Section 5.1
of each indenture.

     5. Releases. The Guarantee of the Guaranteeing Subsidiary will be released in
accordance with the provisions set forth in each indenture, including, without limitation, Section
10.4 of each indenture. The Trustee will provide any written confirmation or evidence of the
termination of such Guarantee as reasonably required by the Company. Any Guarantor not released
from its obligations under its Guarantee shall remain liable for the full amount of principal of
and interest on the Notes and for the other obligations of any Guarantor under each indenture as
provided in Article 10 of each indenture.

2

 

     6. No Recourse Against Others. No director, officer, employee, incorporator,
stockholder or agent of any of the Guaranteeing Subsidiary, as such, shall have any liability for
any obligations of the Company or the Guaranteeing Subsidiary under the Notes, each indenture, any
Guarantees or this Supplemental Indenture or for any claim based on, in respect of, or by reason
of, such obligations or their creation. Each Holder of Notes by accepting a Note waives and
releases all such liability. The waiver and release are part of the consideration for issuance of
the Notes. Such waiver may not be effective to waive liabilities under the federal securities
laws.

     7. New York Law to Govern. THE INTERNAL LAW OF THE STATE OF NEW YORK SHALL GOVERN AND
BE USED TO CONSTRUE THIS SUPPLEMENTAL INDENTURE.

     8. Counterparts. The parties may sign any number of copies of this Supplemental
Indenture. Each signed copy shall be an original, but all of them together represent the same
agreement.

     9. Effect of Headings. The Section headings herein are for convenience only and shall
not affect the construction hereof.

     10. The Trustee. The Trustee shall not be responsible in any manner whatsoever for or
in respect of the validity, legality or sufficiency of this Supplemental Indenture or for or in
respect of the recitals contained herein, all of which recitals are made solely by the Guaranteeing
Subsidiaries and the Company.

     IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly
executed and attested, all as of the date first above written.

	 	 	 	 	 
	 	AUTONATION, INC.

 	 
	 	By:  	/s/ C. Coleman G. Edmunds
 	 
	 	 	Name:  	C. Coleman G. Edmunds 	 
	 	 	Title:  	Vice President, Deputy General Counsel 	 
	 
	 	AN Motors of Dallas, Inc.

AN Western Region Management, LLC

AN Central Region Management, LLC

 	 
	 	By:  	/s/ C. Coleman G. Edmunds
 	 
	 	 	Name:  	C. Coleman G. Edmunds 	 
	 	 	Title:  	Assistant Secretary 	 
	 

[SIGNATURES CONTINUE ON NEXT PAGE]

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	 	Wells Fargo Bank, National Association,

As Trustee

 	 
	 	By:  	/s/ Joseph P. O’Donnell
 	 
	 	 	Name:  	Joseph P. O’Donnell 	 
	 	 	Title:  	Vice President 	 
	 

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