Document:

Form of Director Stock Option Agreement under the 2010 Equity Incentive Plan

 Exhibit 10.4 
 MYRIAD GENETICS, INC. 
 Director Stock Option Grant Notice

 Non-Qualified Stock Option Grant under the Company’s 

2010 Employee, Director and Consultant Equity Incentive Plan 
 pursuant to the Company’s Non-Employee Director Compensation Policy 
  

					
	1.	  	Name and Address of Participant:	  	 
			
		  		  	 
			
		  		  	 
			
	2.	  	Date of Option Grant:	  	 
			
	3.	  	Maximum Number of Shares for which this Option is exercisable:	  	 
			
	4.	  	Exercise (purchase) price per share:	  	 
			
	5.	  	Option Expiration Date:	  	 
			
	6.	  	Vesting Start Date:	  	 
		
	7.	  	Vesting Schedule: This Option shall become exercisable in full (and the Shares issued upon exercise shall be vested) on [Insert Vesting Date] provided the
Participant is a director of the Company or of an Affiliate on such date.

 The foregoing rights are cumulative
and are subject to the other terms and conditions of this Agreement and the Plan. 
 The Company and the Participant acknowledge receipt of this
Stock Option Grant Notice and agree to the terms of the Stock Option Agreement attached hereto and incorporated by reference herein, the Company’s 2010 Employee, Director and Consultant Equity Incentive Plan and the terms of this Option Grant
as set forth above. 
  

					
	MYRIAD GENETICS, INC.
		
	By:	 	 
		 	Name:	 	 
		 	Title:	 	 

  

	
	
	  
	Participant1

  

	1	 The Participant’s manual signature may be replaced by electronic acceptance of the option. 

 MYRIAD GENETICS, INC. 

STOCK OPTION AGREEMENT - INCORPORATED TERMS AND CONDITIONS 

AGREEMENT made as of the date of grant set forth in the Stock Option Grant Notice by and between Myriad Genetics, Inc. (the
“Company”), a Delaware corporation, and the individual whose name appears on the Stock Option Grant Notice (the “Participant”). 
 WHEREAS, the Company desires to grant to the Participant an Option to purchase shares of its common stock, $0.01 par value per share (the “Shares”), under and for the purposes set forth in the
Company’s 2010 Employee, Director and Consultant Equity Incentive Plan (the “Plan”); 
 WHEREAS, the Company and
the Participant understand and agree that any terms used and not defined herein have the same meanings as in the Plan; and 

WHEREAS, the Company and the Participant each intend that the Option granted herein shall be a Non-Qualified Option. 

NOW, THEREFORE, in consideration of the mutual covenants hereinafter set forth and for other good and valuable consideration, the parties
hereto agree as follows: 
  

	 	1.	GRANT OF OPTION. 

 The Company hereby grants to the Participant the right and option to purchase all or any part of an aggregate of the number of Shares set forth in the Stock Option Grant Notice, on the terms and
conditions and subject to all the limitations set forth herein, under United States securities and tax laws, and in the Plan, which is incorporated herein by reference. The Participant acknowledges receipt of a copy of the Plan. 

 

	 	2.	EXERCISE PRICE. 

 The exercise price of the Shares covered by the Option shall be the amount per Share set forth in the Stock Option Grant Notice, subject to adjustment, as provided in the Plan, in the event of a stock
split, reverse stock split or other events affecting the holders of Shares after the date hereof (the “Exercise Price”). Payment shall be made in accordance with Section 9 of the Plan. 

 

	 	3.	EXERCISABILITY OF OPTION. 

 Subject to the terms and conditions set forth in this Agreement and the Plan, the Option granted hereby shall become vested and exercisable as set forth in the Stock Option Grant Notice and is subject to
the other terms and conditions of this Agreement and the Plan. 
 Notwithstanding the foregoing, in the event of
a Change of Control (as defined in the Plan), all unvested Shares underlying this Option will be vested and exercisable for purposes of Section 24(b) of the Plan unless this Option has otherwise expired or been terminated pursuant to its terms
or the terms of the Plan. 

	 	4.	TERM OF OPTION. 

 This Option shall terminate on the Option Expiration Date as specified in the Stock Option Grant Notice, but shall be subject to earlier termination as provided herein or in the Plan. 

If the Participant ceases to be an Employee, director or Consultant of the Company or of an Affiliate for any reason other
than the death or Disability of the Participant, or termination of the Participant for Cause (the “Termination Date”), the Option to the extent then vested and exercisable pursuant to Section 3 hereof as of the Termination Date, and
not previously terminated in accordance with this Agreement, may be exercised within the originally prescribed term of the Option, but may not be exercised thereafter. In such event, the unvested portion of the Option shall not be exercisable and
shall expire and be cancelled on the Termination Date. 
 In the event the Participant’s service is
terminated by the Company or an Affiliate for Cause, the Participant’s right to exercise any unexercised portion of this Option even if vested shall cease immediately as of the time the Participant is notified his or her service is terminated
for Cause, and this Option shall thereupon terminate. Notwithstanding anything herein to the contrary, if subsequent to the Participant’s termination, but prior to the exercise of the Option, the Administrator determines that, either prior or
subsequent to the Participant’s termination, the Participant engaged in conduct which would constitute Cause, then the Participant shall immediately cease to have any right to exercise the Option and this Option shall thereupon terminate.

 In the event of the Disability of the Participant, as determined in accordance with the Plan, the Option shall
be exercisable: 
  

	 	(a)	to the extent that the Option has become exercisable but has not been exercised as of the date of the Participant’s termination of service due to Disability; and

  

	 	(b)	in the event rights to exercise the Option accrue periodically, to the extent of a pro rata portion through the date of the Participant’s termination of service
due to Disability of any additional vesting rights that would have accrued on the next vesting date had the Participant not become Disabled. The proration shall be based upon the number of days accrued in the current vesting period prior to the date
of the Participant’s termination of service due to Disability. 

 A Disabled Participant may
exercise the Option within the originally prescribed term of the Option. 

  
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 In the event of the death of the Participant while an Employee, director or
Consultant of the Company or of an Affiliate, the Option shall become fully exercisable as of the date of the Participant’s death, and shall be exercisable by the Participant’s Survivors within the originally prescribed term of the Option.

  

	 	5.	METHOD OF EXERCISING OPTION. 

 Subject to the terms and conditions of this Agreement, the Option may be exercised in accordance with the procedures established by the Company for electronic exercise of the Option or by written notice
to the Company or its designee, in substantially the form of Exhibit A attached hereto (or in such other form acceptable to the Company). Such notice shall state the number of Shares with respect to which the Option is being exercised and
shall be signed by the person exercising the Option (which signature may be provided electronically in a form acceptable to the Company). Payment of the Exercise Price for such Shares shall be made in accordance with Section 9 of the Plan. The
Company shall deliver such Shares as soon as practicable after the notice shall be received, provided, however, that the Company may delay issuance of such Shares until completion of any action or obtaining of any consent, which the Company deems
necessary under any applicable law (including, without limitation, state securities or “blue sky” laws). The Shares as to which the Option shall have been so exercised shall be registered in the Company’s share register in the name of
the person so exercising the Option (or, if the Option shall be exercised by the Participant and if the Participant shall so request in the notice exercising the Option, shall be registered in the Company’s share register in the name of the
Participant and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person exercising the Option. In the event the Option shall be exercised, pursuant to Section 4
hereof, by any person other than the Participant, such notice shall be accompanied by appropriate proof of the right of such person to exercise the Option. All Shares that shall be purchased upon the exercise of the Option as provided herein shall
be fully paid and nonassessable. 
  

	 	6.	PARTIAL EXERCISE. 

 Exercise of this Option to the extent above stated may be made in part at any time and from time to time within the above limits, except that no fractional share shall be issued pursuant to this Option.

  

	 	7.	NON-ASSIGNABILITY. 

 The Option shall not be transferable by the Participant otherwise than (i) by will or by the laws of descent and distribution, (ii) pursuant to a qualified domestic relations order as defined by
the Code or Title I of the Employee Retirement Income Security Act or the rules thereunder or (iii) as otherwise approved in advance by the Administrator. Except as provided above in this paragraph, the Option shall be exercisable, during the
Participant’s lifetime, only by the Participant (or, in the event of legal incapacity or incompetency, by the Participant’s guardian or representative) and shall not be assigned, pledged or hypothecated in any way (whether by operation of
law or otherwise) and shall not be subject to execution, attachment or similar process. Any attempted transfer, assignment, pledge, hypothecation or other disposition of the Option or of any rights granted hereunder contrary to the provisions of
this Section 7, or the levy of any attachment or similar process upon the Option shall be null and void. 

  
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	 	8.	NO RIGHTS AS STOCKHOLDER UNTIL EXERCISE. 

 The Participant shall have no rights as a stockholder with respect to Shares subject to this Agreement until registration of the Shares in the Company’s share register in the name of the Participant.
Except as is expressly provided in the Plan with respect to certain changes in the capitalization of the Company, no adjustment shall be made for dividends or similar rights for which the record date is prior to the date of such registration.

  

	 	9.	ADJUSTMENTS. 

 The Plan contains provisions covering the treatment of Options in a number of contingencies such as stock splits and mergers. Provisions in the Plan for adjustment with respect to stock subject to Options
and the related provisions with respect to successors to the business of the Company are hereby made applicable hereunder and are incorporated herein by reference. 
  

	 	10.	TAXES. 

The Participant acknowledges that any income or other taxes due from him or her with respect to this Option or the Shares
issuable pursuant to this Option shall be the Participant’s responsibility. The Participant acknowledges and agrees that (i) the Participant was free to use professional advisors of his or her choice in connection with this Agreement, has
received advice from his or her professional advisors in connection with this Agreement, understands its meaning and import, and is entering into this Agreement freely and without coercion or duress; (ii) the Participant has not received and is
not relying upon any advice, representations or assurances made by or on behalf of the Company or any Affiliate or any employee of or counsel to the Company or any Affiliate regarding any tax or other effects or implications of the Option, the
Shares or other matters contemplated by this Agreement and (iii) neither the Administrator, the Company, its Affiliates, nor any of its officers or directors, shall be held liable for any applicable costs, taxes, or penalties associated with
the Option if, in fact, the Internal Revenue Service were to determine that the Option constitutes deferred compensation under Section 409A of the Code. 
 Upon exercise of the Option, the Participant agrees that the Company may withhold from the Participant’s remuneration, if any, the minimum statutory amount of federal, state and local withholding
taxes attributable to such amount that is considered compensation includable in such person’s gross income. At the Company’s discretion, the amount required to be withheld may be withheld in cash from such remuneration, or in kind from the
Shares otherwise deliverable to the Participant on exercise of the Option. The Participant further agrees that, if the Company does not withhold an amount from the Participant’s remuneration sufficient to satisfy the Company’s income tax
withholding obligation, the Participant will reimburse the Company on demand, in cash, for the amount under-withheld. 

  
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	 	11.	PURCHASE FOR INVESTMENT. 

 Unless the offering and sale of the Shares to be issued upon the particular exercise of the Option shall have been effectively registered under the Securities Act, the Company shall be under no obligation
to issue the Shares covered by such exercise unless the Company has determined that such exercise and issuance would be exempt from the registration requirements of the Securities Act and until the following conditions have been fulfilled:

  

	 	(a)	The person(s) who exercise the Option shall warrant to the Company, at the time of such exercise, that such person(s) are acquiring such Shares for their own respective
accounts, for investment, and not with a view to, or for sale in connection with, the distribution of any such Shares, in which event the person(s) acquiring such Shares shall be bound by the provisions of the following legend which shall be
endorsed upon any certificate(s) evidencing the Shares issued pursuant to such exercise: 

 “The shares
represented by this certificate have been taken for investment and they may not be sold or otherwise transferred by any person, including a pledgee, unless (1) either (a) a Registration Statement with respect to such shares shall be
effective under the Securities Act of 1933, as amended, or (b) the Company shall have received an opinion of counsel satisfactory to it that an exemption from registration under such Act is then available, and (2) there shall have been
compliance with all applicable state securities laws;” and 
  

	 	(b)	If the Company so requires, the Company shall have received an opinion of its counsel that the Shares may be issued upon such particular exercise in compliance with the
Securities Act without registration thereunder. Without limiting the generality of the foregoing, the Company may delay issuance of the Shares until completion of any action or obtaining of any consent, which the Company deems necessary under any
applicable law (including without limitation state securities or “blue sky” laws). 

  

	 	12.	RESTRICTIONS ON TRANSFER OF SHARES. 

 12.1 The Participant agrees that in the event the Company proposes to offer for sale to the public any of its equity securities and such Participant is requested by the Company and any underwriter engaged
by the Company in connection with such offering to sign an agreement restricting the sale or other transfer of Shares, then it will promptly sign such agreement and will not transfer, whether in privately negotiated transactions or to the public in
open market transactions or otherwise, any Shares or other securities of the Company held by him or her during such period as is determined by the Company and the underwriters, not to exceed 180 days following the closing of the offering, plus such
additional period of time as may be required to comply with Marketplace Rule 2711 of the National Association of Securities Dealers, Inc. or similar rules thereto (such period, the “Lock-Up Period”). Such agreement shall be in writing

  
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and in form and substance reasonably satisfactory to the Company and such underwriter and pursuant to customary and prevailing terms and conditions. Notwithstanding whether the Participant has
signed such an agreement, the Company may impose stop-transfer instructions with respect to the Shares or other securities of the Company subject to the foregoing restrictions until the end of the Lock-Up Period. 

12.2 The Participant acknowledges and agrees that neither the Company, its shareholders nor its directors and officers, has any duty or
obligation to disclose to the Participant any material information regarding the business of the Company or affecting the value of the Shares before, at the time of, or following a termination of the service of the Participant by the Company,
including, without limitation, any information concerning plans for the Company to make a public offering of its securities or to be acquired by or merged with or into another firm or entity. 

 

	 	13.	NO OBLIGATION TO MAINTAIN RELATIONSHIP. 

 The Participant acknowledges that: (i) the Company is not by the Plan or this Option obligated to continue the Participant as an employee, director or Consultant of the Company or an Affiliate;
(ii) the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (iii) the grant of the Option is a one-time benefit which does not create any contractual or other right to receive future grants of
options, or benefits in lieu of options; (iv) all determinations with respect to any such future grants, including, but not limited to, the times when options shall be granted, the number of shares subject to each option, the option price, and
the time or times when each option shall be exercisable, will be at the sole discretion of the Company; (v) the Participant’s participation in the Plan is voluntary; (vi) the value of the Option is an extraordinary item of
compensation which is outside the scope of the Participant’s employment or consulting contract, if any; and (vii) the Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy,
end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments. 
  

	 	14.	NOTICES. 

Any notices required or permitted by the terms of this Agreement or the Plan shall be given by recognized courier service,
facsimile, registered or certified mail, return receipt requested, addressed as follows: 
 If to the Company: 

Myriad Genetics, Inc. 
 320 Wakara Way 
 Salt Lake City, UT 84108 

Attention: Equity Incentive Plan Administrator 

  
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 If to the Participant at the address set forth on the Stock Option Grant Notice or to such other address or
addresses of which notice in the same manner has previously been given. Any such notice shall be deemed to have been given upon the earlier of receipt, one business day following delivery to a recognized courier service or three business days
following mailing by registered or certified mail. 
  

	 	15.	GOVERNING LAW. 

 This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware, without giving effect to the conflict of law principles thereof. For the purpose of litigating any
dispute that arises under this Agreement, the parties hereby consent to exclusive jurisdiction in Utah and agree that such litigation shall be conducted in the state courts of Salt Lake City, Utah or the federal courts of the United States for the
District of Utah. 
  

	 	16.	BENEFIT OF AGREEMENT. 

 Subject to the provisions of the Plan and the other provisions hereof, this Agreement shall be for the benefit of and shall be binding upon the heirs, executors, administrators, successors and assigns of
the parties hereto. 
  

	 	17.	ENTIRE AGREEMENT. 

 This Agreement, together with the Plan, embodies the entire agreement and understanding between the parties hereto with respect to the subject matter hereof and supersedes all prior oral or written
agreements and understandings relating to the subject matter hereof. No statement, representation, warranty, covenant or agreement not expressly set forth in this Agreement shall affect or be used to interpret, change or restrict, the express terms
and provisions of this Agreement, provided, however, in any event, this Agreement shall be subject to and governed by the Plan. 
  

	 	18.	MODIFICATIONS AND AMENDMENTS. 

 The terms and provisions of this Agreement may be modified or amended as provided in the Plan. 
  

	 	19.	WAIVERS AND CONSENTS. 

 Except as provided in the Plan, the terms and provisions of this Agreement may be waived, or consent for the departure therefrom granted, only by written document executed by the party entitled to the
benefits of such terms or provisions. No such waiver or consent shall be deemed to be or shall constitute a waiver or consent with respect to any other terms or provisions of this Agreement, whether or not similar. Each such waiver or consent shall
be effective only in the specific instance and for the purpose for which it was given, and shall not constitute a continuing waiver or consent. 

  
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	 	20.	DATA PRIVACY. 

 By entering into this Agreement, the Participant: (i) authorizes the Company and each Affiliate, and any agent of the Company or any Affiliate administering the Plan or providing Plan recordkeeping
services, to disclose to the Company or any of its Affiliates such information and data as the Company or any such Affiliate shall request in order to facilitate the grant of options and the administration of the Plan; (ii) waives any data
privacy rights he or she may have with respect to such information; and (iii) authorizes the Company and each Affiliate to store and transmit such information in electronic form. 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
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 Exhibit A 

NOTICE OF EXERCISE OF STOCK OPTION 
 [Form for Shares registered in the United States] 
  

	To:	Myriad Genetics, Inc. 

 IMPORTANT NOTICE: This
form of Notice of Exercise may only be used at such time as the Company has filed a Registration Statement with the Securities and Exchange Commission under which the issuance of the Shares for which this exercise is being made is registered and
such Registration Statement remains effective. 
 Ladies and Gentlemen: 

I hereby exercise my Stock Option to purchase             shares (the
“Shares”) of the common stock, $0.01 par value, of Myriad Genetics, Inc. (the “Company”), at the exercise price of $            per share, pursuant to and subject to the
terms of that Stock Option Grant Notice dated             , 20    . 
 I understand the nature of the investment I am making and the financial risks thereof. I am aware that it is my responsibility to have consulted with competent tax and legal advisors about the relevant
national, state and local income tax and securities laws affecting the exercise of the Option and the purchase and subsequent sale of the Shares. 
 I am paying the option exercise price for the Shares as follows: 

___________________________________________________ 
 Please issue the Shares (check one): 

 ̈ to me; or 
  ̈ to me and
                                         
           , as joint tenants with right of survivorship, 
 at the
following address: 
 _____________________________________ 

_____________________________________ 
 _____________________________________ 

  
 Exhibit A-1

 My mailing address for shareholder communications, if different from the address listed
above, is: 
 _______________________________ 
 _______________________________ 
 _______________________________ 

 

	
	Very truly yours,
	
	  
	Participant (signature)
	
	 
	Print Name
	
	 
	Date

  
 Exhibit A-2Form of Custodian Agreement

 Exhibit 10.2 
 CUSTODIAN AGREEMENT 
 among 

AMERICREDIT FINANCIAL SERVICES, INC., 
 as Custodian, 
 [[INSURER], 

as Insurer] 

and 

[TRUST COLLATERAL AGENT], 
 as Trust Collateral Agent 
 Dated as of
            , 201     

 THIS CUSTODIAN AGREEMENT, dated as of
            , 201  , is made with respect to the issuance of Notes and a Certificate by AmeriCredit Automobile Receivables Trust
201  -   (the “Issuer”), and is between AMERICREDIT FINANCIAL SERVICES, INC., as custodian (in such capacity, the “Custodian”), [[INSURER] (the “Insurer”)] and
[TRUST COLLATERAL AGENT], a                      banking
                    , 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             , 201   (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
                    , as Trust Collateral Agent and Backup Servicer, have entered into a Sale and Servicing Agreement, dated as of
            , 201   (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 

  
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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(c) hereof. 

3. Duties of Custodian. 
 (a) [Reserved]. 
 (b) 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(d) 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

  
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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. 

(c) 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. 

(d) 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. 

(e) 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. 
 (f) 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 Insurer] and the Issuer. 
 5. Custodian Fee. For its services under this Agreement, the Custodian shall be entitled to reasonable compensation to be paid by the Servicer. 

  
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 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 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 [, 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 Backup Servicer [,the Collateral Agent,
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 the Controlling Party], and may be terminated by [any party]/[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 shall deliver such notice to [Rating Agency] (“[Rating Agency]”), and [Rating Agency] (“[Rating Agency]”) (collectively, 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

  
 4 

 
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 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: [Trust Collateral Agent], [Address] (facsimile number             ), Attention:
                    , (c) in the case of Insurer, at the following address: [Address] Attention:
                    , (d) in the case of [Rating Agency], at the following address: [Address] Attention:
                    , and (e) in the case of [Rating Agency], at the following address: [Address], Attention:
                    , 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] 

  
 5 

 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. 
  

			
	 [TRUST COLLATERAL AGENT],
 as Trust Collateral Agent

		
	By:	 	  

		 	 Name:

Title:

	
	 AMERICREDIT FINANCIAL SERVICES, INC.,
 as Custodian

		
	By:	 	  

		 	Name:
		 	Title:
	
	 [INSURER],
 as
Insurer

		
	By:	 	  

		 	 Name:

Title:

 The foregoing
Custodian Agreement 
 is hereby confirmed and accepted 
 as of the date first above written. 
 AMERICREDIT AUTOMOBILE RECEIVABLES TRUST
201  -  , 
 as Issuer 
 By: [OWNER TRUSTEE] , not in its 
 individual capacity but solely 

as Owner Trustee on behalf of the Trust, 
  

			
	By:	 	  

		 	 Name:

Title:

[Custodian Agreement] 

 EXHIBIT A 
 CUSTODIAN’S ACKNOWLEDGEMENT 
 AmeriCredit Financial Services, Inc.
(the “Custodian”), acting as Custodian under a Custodian Agreement, dated as of             , 201  , between the Custodian and [Trust Collateral
Agent], as Trust Collateral Agent, and [Insurer] 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             , 201   (the “Sale and Servicing Agreement”), among AmeriCredit Automobile Receivables Trust
201  -  , as Issuer, AFS SenSub Corp., as Seller, AmeriCredit Financial Services, Inc., as Servicer, and [Trust Collateral Agent], 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      day of             , 201  . 

 

			
	 AMERICREDIT FINANCIAL SERVICES, INC.,
 as Custodian

		
	By:	 	  

	 Name:

Title:

 SCHEDULE I 
 Custodian Exception List 

 SCHEDULE II 
 Lien Perfection Exception List

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