Document:

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                                                                     EXHIBIT 4.2

                                 TBC CORPORATION
                            TBC PRIVATE BRANDS, INC.

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

                        AMENDMENT NO. 3 TO SECOND AMENDED
                           AND RESTATED NOTE AGREEMENT

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

                            DATED AS OF JUNE 17, 2005

             SERIES A SENIOR NOTES DUE JULY 10, 2003 (PAID IN FULL)
                     SERIES B SENIOR NOTES DUE JULY 10, 2005
                     SERIES C SENIOR NOTES DUE JULY 10, 2008

              GUARANTEED BY CERTAIN SUBSIDIARIES OF TBC CORPORATION

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                                 TBC CORPORATION
                            TBC PRIVATE BRANDS, INC.

             SERIES A SENIOR NOTES DUE JULY 10, 2003 (PAID IN FULL)
                     SERIES B SENIOR NOTES DUE JULY 10, 2005
                     SERIES C SENIOR NOTES DUE JULY 10, 2008

              GUARANTEED BY CERTAIN SUBSIDIARIES OF TBC CORPORATION

                        AMENDMENT NO. 3 TO SECOND AMENDED
                           AND RESTATED NOTE AGREEMENT

                                                             As of June 17, 2005

The Noteholder Named on
the Signature Page hereto

Ladies and Gentlemen:

      TBC PRIVATE BRANDS, INC., a Delaware corporation (formerly known as TBC
Corporation) (together with its permitted successors and assigns, the "COMPANY")
and TBC CORPORATION, a Delaware corporation (formerly known as TBC Parent
Holding Corp.) (together with its permitted successors and assigns, the "HOLDING
COMPANY", and together with the Company, the "OBLIGORS"), hereby agree with you
as follows:

1.    BACKGROUND.

      The Obligors and The Prudential Insurance Company of America (the
"NOTEHOLDER") are party to a Second Amended and Restated Note Agreement (the
"ORIGINAL NOTE AGREEMENT" and as amended by that certain Amendment No. 1 to
Second Amended and Restated Note Agreement dated as of November 29, 2003
("AMENDMENT NO. 1", and as so amended, Original Note Agreement is referred to
herein as the "FIRST AMENDED NOTE AGREEMENT") and that certain Amendment No. 2
to Second Amended and Restated Note Agreement dated as of November 19, 2004
("AMENDMENT NO. 2") and as in effect immediately prior to the effectiveness of
this Agreement, the "EXISTING NOTE AGREEMENT" and, as amended hereby and as may
be further amended, restated or otherwise modified from time to time, the "NOTE
AGREEMENT"), dated as of April 1, 2003, governing the terms, and amending, the
Obligors' (a) Series A Senior Notes due July 10, 2003 (which have been paid in
full), (b) Series B Senior Notes due July 10, 2005 (the "SERIES B Notes") and
(c) Series C Senior Notes due July 10, 2008 (the "SERIES C NOTES" and together
with the Series B Notes, the "NOTES"). Pursuant to Amendment No. 2 and the
corporate restructuring contemplated thereby, the Holding Company became jointly
and severally liable with the Company in respect of the Notes. The aggregate
principal amount of the Series B Notes outstanding on the date hereof is
$2,750,000 and the aggregate principal amount of the Series C Notes outstanding
on the date hereof is $16,500,000, all of which Notes are held by the
Noteholder. The obligations of the Obligors under the Note Agreement and the
Notes are secured by: (a) a lien on certain assets of (and are guaranteed by)
certain Subsidiaries of the Company (the "SUBSIDIARY GUARANTORS") pursuant to
that certain Guarantee and Collateral

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Agreement, dated as of March 31, 2003 (as amended from time to time, the
"EXISTING GUARANTEE AND COLLATERAL AGREEMENT"), and (b) a lien on certain real
property owned by the Company, pursuant to that certain Deed of Trust,
Assignment of Leases and Security Agreement, dated as of March 31, 2003 (as
amended from time to time, the " EXISTING COMPANY MORTGAGE"), in favor of JP
Morgan Chase Bank, N.A., as collateral agent for the Noteholder, the holders of
the 2003 Notes (the "2003 NOTEHOLDERS") and the lenders party to that certain
Amended and Restated Credit Agreement, dated as of November 19, 2004 (the
"EXISTING CREDIT AGREEMENT"), to which the Obligors are parties. The Obligors
intend to refinance (the "REFINANCING"), terminate and replace the senior credit
facility provided under the Existing Credit Agreement with a new credit facility
pursuant to the terms of a certain Credit Agreement, dated as of the date
hereof, among the Obligors, as co-obligors, First Tennessee Bank, National
Association, as Administrative Agent, JP Morgan Chase Bank, N.A., as
Co-Administrative Agent, and the other lenders (collectively, the "LENDERS")
party thereto (the "CREDIT AGREEMENT"). The Obligors have requested that the
Noteholder agree to amend the Existing Note Agreement to, among other things,
permit the Refinancing. The Noteholder has, subject to the satisfaction of the
conditions set forth in Section 5 of this Agreement, consented to such request.
The mutual agreement of the parties as to such matters is set forth in this
Agreement.

2.    DEFINED TERMS.

      Capitalized terms used herein and not otherwise defined herein have the
meanings ascribed to them in the Note Agreement. Other defined terms used herein
shall have the meanings set forth below:

      "AGREEMENT, THIS" means this Amendment No. 3 to Second Amended and
Restated Note Agreement.

      "AMENDMENT DOCUMENTS" means, this Agreement, the Company Mortgage, the
Guarantee and Collateral Agreement and the Intercreditor Acknowledgement.

      "AMENDMENT NO. 1" is defined in Section 1.

      "AMENDMENT NO. 2" is defined in Section 1.

      "AMENDMENTS" is defined in Section 4.1.

      "COLLATERAL" is defined in Section 3.8.

      "COMPANY" is defined in the introductory paragraph.

      "COMPANY MORTGAGE" means that certain Amended and Restated Deed of Trust,
Assignment of Leases and Security Agreement, dated as of the date hereof, with
respect to the real property owned by the Company located at 4770 Hickory Hill
Road, Memphis, Tennessee, in favor of the Collateral Agent for the benefit of
the Noteholder, the 2003 Noteholders and the Lenders.

      "CREDIT AGREEMENT" is defined in Section 1.

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      "EFFECTIVE DATE" is defined in Section 5.

      "EXISTING COMPANY MORTGAGE" is defined in Section 1.

      "EXISTING CREDIT AGREEMENT" is defined in Section 1.

      "EXISTING GUARANTEE AND COLLATERAL AGREEMENT" is defined in Section 1.

      "EXISTING NOTE AGREEMENT" is defined in Section 1.

      "FINANCING DOCUMENTS" means this Agreement, the Note Agreement, the Notes,
the Guarantee and Collateral Agreement and the Company Mortgage.

      "FIRST AMENDED NOTE AGREEMENT" is defined in Section 1.

      "GUARANTEE AND COLLATERAL AGREEMENT" means the Guarantee and Collateral
Agreement, dated as of the date hereof, among the Obligors, the Subsidiary
Guarantors, the Collateral Agent, the Noteholder and the 2003 Noteholders.

      "HOLDING COMPANY" is defined in the introductory paragraph.

      "INTERCREDITOR ACKNOWLEDGEMENT" means that certain Acknowledgement and
Agreement executed by the Obligors attached to the Intercreditor Agreement.

      "INTERCREDITOR AGREEMENT" means the Intercreditor Agreement, dated as of
the date hereof, among the Lenders, the Noteholder and the 2003 Noteholders and
acknowledged and agreed to by the Obligors.

      "LENDERS" is defined in Section 1.

      "NOTEHOLDER" is defined in Section 1.

      "NOTE AGREEMENT" is defined in Section 1.

      "NOTES" is defined in Section 1.

      "OBLIGORS" is defined in the introductory paragraph.

      "ORIGINAL NOTE AGREEMENT" is defined in Section 1.

      "PLEDGED STOCK" has the meaning assigned to it in the Guarantee and
Collateral Agreement.

      "PREVIOUS AMENDMENT AGREEMENTS" is defined in Section 4.3.

      "REFINANCING" is defined in Section 1.

      "REMAINING PREVIOUS AMENDMENTS" is defined in Section 4.3.

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      "SERIES B NOTES" is defined in Section 1.

      "SERIES C NOTES" is defined in Section 1.

      "SOLVENT" means, with respect to any Person, that, as of any date of
determination, (a) the amount of the "present fair saleable value" of the assets
of such Person will, as of such date, exceed the amount of all "liabilities of
such Person, contingent or otherwise", as of such date, as such quoted terms are
determined in accordance with applicable federal and state laws governing
determinations of the insolvency of debtors, (b) the present fair saleable value
of the assets of such Person will, as of such date, be greater than the amount
that will be required to pay the liability of such Person on its debts as such
debts become absolute and matured, (c) such Person will not have, as of such
date, an unreasonably small amount of capital with which to conduct its
business, and (d) such Person will be able to pay its debts as they mature. For
purposes of this definition, (i) "debt" means liability on a "claim", and (ii)
"claim" means any (x) right to payment, whether or not such a right is reduced
to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured,
disputed, undisputed, legal, equitable, secured or unsecured or (y) right to an
equitable remedy for breach of performance if such breach gives rise to a right
to payment, whether or not such right to an equitable remedy is reduced to
judgment, fixed, contingent, matured or unmatured, disputed, undisputed, secured
or unsecured.

      "SUBSIDIARY GUARANTORS" is defined in Section 1.

      "2003 NOTEHOLDERS" is defined in Section 1.

3.    REPRESENTATIONS AND WARRANTIES OF THE COMPANIES.

      To induce the Noteholder to enter into this Agreement, the Obligors
represent and warrant that:

      3.1.  ORGANIZATION AND EXISTENCE.

      Each Obligor is duly organized, validly existing and in good standing
under the laws of their respective jurisdictions of organization and has the
entity power and authority to own their respective property and to carry on
their respective business as now being conducted.

      3.2.  AGREEMENTS AUTHORIZED; OBLIGATIONS ENFORCEABLE.

            (a) AGREEMENTS ARE LEGAL AND AUTHORIZED. The execution and delivery
      by each Obligor of each Amendment Document to which it is a party and
      compliance by it with all of the provisions of each Financing Document to
      which it is a party, are within the corporate power and authority of each
      Obligor.

            (b) OBLIGATIONS ARE ENFORCEABLE. Each Obligor has duly authorized
      each Amendment Document to which it is a party by all necessary corporate
      or other action on its part. The Amendment Documents have been executed
      and delivered by one or more duly authorized officers of each Obligor
      party thereto, and each Financing Document constitutes a legal, valid and
      binding obligation of each Obligor party thereto, enforceable in
      accordance with its terms, except that the enforceability thereof may be:

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                  (i) limited by applicable bankruptcy, reorganization,
            arrangement, insolvency, moratorium, or other similar laws affecting
            the enforceability of creditors' rights generally; and

                  (ii) subject to the availability of equitable remedies.

      3.3.  NO CONFLICTS.

      Neither the execution and delivery of any Amendment Document by the
Obligors, nor the fulfillment of or compliance with the terms and provisions of
any Financing Document by the Obligors, will conflict with, or result in a
breach of the provisions of, or constitute a default under, or result in the
creation of any Lien upon any of the properties of the Obligors or any
Subsidiary (other than those permitted by Section 6.3 of the Note Agreement)
pursuant to, the charter, bylaws or other constitutive documents of such Obligor
or such Subsidiary, any award of any arbitrator or any agreement (including any
agreement with stockholders), instrument, order, judgment, decree, statute, law,
rule or regulation to which such Obligor or such Subsidiary is subject.

      3.4. GOVERNMENTAL CONSENT.

      Neither the execution and delivery of the Amendment Documents by the
Obligors, nor the performance by the Obligors of their respective obligations
under the Financing Documents, is such as to require any authorization, consent,
approval, exemption or other action by or notice to or filing with any court or
administrative or governmental body (other than routine filings with the
Securities and Exchange Commission and/or state blue sky authorities) on the
part of such Obligor in connection with the execution and delivery of the
Amendment Documents or the fulfillment of or compliance with the terms and
provisions of the Financing Documents.

      3.5.  FULL DISCLOSURE.

      The Amendment Documents and the documents, certificates or other writings
delivered to the Noteholder by or on behalf of the Obligors in connection
therewith, taken as a whole, do not contain any untrue statement of a material
fact or omit to state any material fact necessary to make the statements therein
not misleading in light of the circumstances under which they were made. There
is no fact known to the Obligors, or to the best knowledge of the Obligors, any
Subsidiary, that could reasonably be expected to have a Material Adverse Effect
that has not been set forth herein or in the other documents, certificates and
other writings delivered to the Noteholder by or on behalf of the Obligors
specifically for use in connection with the transactions contemplated by the
Financing Documents.

      3.6.  NO DEFAULTS; NO MATERIAL ADVERSE EFFECT.

      No event has occurred and no condition exists that, upon the execution and
delivery of the Amendment Documents and the effectiveness of the Amendments: (a)
would constitute a Default or an Event of Default, or (b) could reasonably be
expected to result in a Material Adverse Effect.

      3.7.  PROPERTIES.

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            (a) Each Obligor and each of its Subsidiaries has good title to, or
      valid leasehold interests in, all its real and personal property material
      to its business, free and clear of all Liens except for the Liens
      permitted by Section 6.3 of the Note Agreement and minor defects in title
      that do not interfere with its ability to conduct such Obligor's or such
      Subsidiary's business as currently conducted or to utilize such properties
      for its intended purposes.

            (b) As of the Effective Date, the only parcel of real property owned
      by the Obligors or their Subsidiaries having a value (together with
      improvements thereof) of at least $10,000,000 is the property owned by the
      Company and subject to the Company Mortgage.

      3.8.  SECURITY DOCUMENTS.

            (a) The Guarantee and Collateral Agreement is effective to create in
      favor of the Collateral Agent, for the benefit of the Noteholder, a legal,
      valid and enforceable security interest in the collateral described
      therein (the "COLLATERAL") and proceeds thereof. In the case of the
      Pledged Stock, with stock certificates representing such Pledged Stock
      having been previously delivered to the Collateral Agent, and in the case
      of the other Collateral described in the Guarantee and Collateral
      Agreement, with financing statements having been filed in appropriate form
      in the offices of the Secretary of State of each jurisdiction of
      organization of the Obligors and the Subsidiary Guarantors in connection
      with the Original Note Agreement, Amendment No. 1 and Amendment No. 2, the
      Guarantee and Collateral Agreement will constitute a fully perfected Lien
      on, and security interest in, all right, title and interest of the
      Obligors and each Subsidiary Guarantor in such Collateral and the proceeds
      thereof, as security for the Obligations (as defined in the Guarantee and
      Collateral Agreement) owed to the Noteholder, in each case prior and
      superior in right to any other Person (except, in the case of Collateral
      other than capital stock of Subsidiaries, Liens permitted by Section 6.3
      of the Note Agreement), and with priority relating back to the original
      date that perfection was established with respect to such Lien on such
      Collateral.

            (b) Upon execution and delivery thereof, the Company Mortgage will
      be effective to maintain in favor of the Collateral Agent, for the benefit
      of the Noteholder, a legal, valid and enforceable Lien on the property
      described therein and proceeds thereof, and the Company Mortgage will,
      upon the filing thereof in the applicable office in Shelby County,
      Tennessee to the Credit Agreement, constitute a fully perfected Lien on,
      and security interest in, all right, title and interest of the Company in
      the property described in such mortgage and the proceeds thereof, as
      security for the Secured Indebtedness (as defined in the Company Mortgage)
      owed to the Noteholder, in each case prior and superior in right to any
      other Person (except with respect to Liens permitted by Section 6.3 of the
      Note Agreement), and with priority relating back to the original date that
      perfection was established with respect to such Lien on such property.

      3.9.  SOLVENCY.

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      The Obligors are, and after giving effect to the incurrence of all
Indebtedness and obligations being incurred in connection herewith and with the
Refinancing will be, and will continue to be, Solvent.

      3.10. FINANCIAL STATEMENTS; NO MATERIAL ADVERSE CHANGE.

            (a) Since December 31, 2004, there has been no material adverse
      change in the business, assets, operations, prospects or condition,
      financial or otherwise, of the Obligors and their Subsidiaries, taken as a
      whole.

            (b) The projected financial statements of the Obligors and their
      Subsidiaries delivered pursuant to Section 5.7 below have been prepared by
      the Obligors on the basis of assumptions which the Obligors reasonably
      believe are fair and reasonable in light of the historical performance of
      the Obligors and their Subsidiaries and reasonably foreseeable business
      conditions and which give effect to the transactions contemplated by this
      Agreement and the Credit Agreement.

4.    AMENDMENTS.

      4.1.  AMENDMENTS IN RESPECT OF THE EXISTING NOTE AGREEMENT.

      The Noteholder and the Company hereby agree that, subject to Section 5
hereof, the Existing Note Agreement is hereby amended in the manner specified in
Exhibit A to this Agreement (collectively, the "AMENDMENTS").

      4.2.  COMPOSITE AMENDMENT.

      For the administrative convenience of the parties hereto, the Amendments
are a composite of new amendments effective as of the Effective Date and
amendments provided for in Amendment No. 1 and Amendment No. 2 (the "PREVIOUS
AMENDMENT AGREEMENTS") that have not been superseded by this Agreement (the
"REMAINING PREVIOUS AMENDMENTS"). For the avoidance of doubt, (i) the Remaining
Previous Amendments (as reflected in the Amendments) shall be, and shall be
deemed to be, effective as of their original effective dates set forth in the
applicable Previous Amendment Agreement and such effectiveness shall continue on
and after the Effective Date and (ii) all other amendments effected by the
Previous Amendment Agreements shall have been in effect for the period from and
including the relevant effective date under the Previous Amendment Agreements
to, but not including, the Effective Date.

      4.3.  RATIFICATION OF OBLIGATIONS OF HOLDING COMPANY.

      The Holding Company hereby ratifies and confirms all of its obligations
under Section 4.2 of Amendment No. 2 (Joinder of Holding Company), and
acknowledges and agrees that (a) pursuant thereto (and effective on the
effective date of Amendment No. 2), it became, and is, jointly and severally
liable with the Company in respect of all the Company's obligations in respect
of the Note Agreement and the Notes. Upon the effectiveness of this Agreement,
(b) all covenants, restrictions and prohibitions applicable to the Company
contained in the Note Agreement apply to the Holding Company and (c) all
definitions contained in the Note

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Agreement that are calculated or defined on a consolidated basis shall include
the Holding Company in such calculation or definition.

      4.4.  EFFECT ON PREVIOUS AMENDMENT AGREEMENTS.

      Effective on the Effective Date, the Previous Amendment Agreements (with
the exception of the first paragraph of Section 4.2 of Amendment No. 2) shall be
deemed to be merged into this Agreement and, subject to the last sentence of
Section 4.2, shall cease to have independent existence.

5.    CONDITIONS TO EFFECTIVENESS.

      The Amendments shall become effective only upon the date of the
satisfaction in full of the following conditions precedent (the "EFFECTIVE
DATE"):

      5.1.  EXECUTION AND DELIVERY OF THIS AGREEMENT.

      The Obligors and the Noteholder shall have executed and delivered a
counterpart of this Agreement.

      5.2.  REPRESENTATIONS AND WARRANTIES TRUE.

      The representations and warranties set forth in paragraph 3 shall be true
and correct on such date in all material respects.

      5.3.  AUTHORIZATION.

      The Obligors and each of their Subsidiaries shall have authorized, by all
necessary action, the execution, delivery and performance of all documents,
agreements and certificates in connection with this Agreement, and the
satisfaction of all closing conditions set forth in this Section 5, applicable
to the Obligors or such Subsidiaries.

      5.4.  OTHER TRANSACTION DOCUMENTS.

      The Credit Agreement, the Guarantee and Collateral Agreement and the
Intercreditor Agreement shall each have been executed and delivered by all
parties thereto, and the Noteholder shall have received a true, correct and
complete copy of each such agreement in form and substance satisfactory to them.
The Company shall have agreed to execute and deliver the Company Mortgage to the
Collateral Agent for the benefit of the Lenders, the Noteholder and the 2003
Noteholders within 10 Business Days of the date hereof.

      5.5.  OBLIGORS' SECRETARY CERTIFICATES.

         The Noteholder shall have received a certificate of the Secretary of
each Obligor, (a) certifying that the certificate or articles of incorporation
and the bylaws of such Obligor delivered in connection with Amendment No. 2 are
in full force and effect, not having been amended, supplemented, replaced or
otherwise modified in any way, (b) attaching, and certifying as true, correct
and complete, copies of the resolutions of such Obligor authorizing the
execution,

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delivery and performance of this Agreement and the other Financing Documents to
be executed in connection herewith, (c) attaching an incumbency certificate and
certification of specimen signatures of its officers executing documents, and
(d) certifying as to the satisfaction of all closing conditions set forth in
this Section 5 applicable to such Obligor.

      5.6.  SUBSIDIARIES' SECRETARY CERTIFICATES.

      Each Subsidiary Guarantor shall have executed and delivered to the
Noteholder a certificate of its Secretary or Assistant Secretary, certifying as
true, correct and complete and attaching:

            (a) copies of the resolutions authorizing the execution, delivery
      and performance of the Guarantee and Collateral Agreement, and the
      satisfaction of all closing conditions set forth in this Section 5
      applicable to it;

            (b) its certificate or articles of incorporation, limited liability
      company or limited partnership agreement or other constitutive document
      and all amendments thereto;

            (c) its bylaws; and

            (d) an incumbency certificate and specimen signatures of its
      officers executing documents.

      5.7.  PROJECTED FINANCIAL STATEMENTS.

      The Noteholder shall have received (i) quarterly and annual projected
financial statements in respect of the Holding Company and its Subsidiaries, on
a consolidated basis, though the end of fiscal year 2010, and (ii) pro forma
calculations of projected compliance with Sections 6.1(a), 6.1(b) and 6.1(c) of
the Note Agreement for each Fiscal Quarter of 2005.

      5.8.  OPINIONS OF COUNSEL.

      The Noteholder shall have received opinions (addressed to the Noteholder
and dated the Effective Date) from (a) Thompson Hine LLP, counsel to the
Obligors and (b) Bingham McCutchen LLP, special counsel to the Noteholder, each
in form and substance satisfactory to the Noteholder.

      5.9.  AMENDMENT FEE.

      The Company shall have paid the amendment fee in accordance with Section 7
below.

      5.10. SPECIAL COUNSEL FEES.

      The Company shall have paid the reasonable fees and disbursements of the
Noteholder's special counsel in accordance with Section 6 below.

      5.11. PROCEEDINGS SATISFACTORY.

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      All proceedings taken in connection with this Agreement and all documents
and papers relating thereto shall be satisfactory to the Noteholder and its
special counsel, and the Noteholder and its special counsel shall have received
copies of such documents and papers as they or their special counsel may
reasonably request in connection herewith.

6.    EXPENSES.

      Whether or not the Amendments become effective, the Obligors will pay all
reasonable fees, expenses and costs relating to this Agreement, including, but
not limited to, (a) the reasonable cost of reproducing this Agreement and the
other documents delivered in connection herewith and (b) the reasonable fees and
disbursements of the Noteholder's special counsel, Bingham McCutchen LLP,
incurred in connection with the preparation, negotiation and delivery of this
Agreement. Nothing in this Section 6 shall limit the Obligors' obligations under
Section 11.2 of the Note Agreement.

7.    AMENDMENT FEE.

      In consideration of the consent of the Noteholder to the Amendments, the
Obligors shall pay an amendment fee to the Noteholder and the 2003 Noteholder on
the Effective Date in an aggregate amount equal to $60,000. Such fee shall be
paid to the Noteholder and the 2003 Noteholders ratably in accordance with the
respective principal amounts of Notes and 2003 Notes held by them in accordance
with the Amendment Fee Schedule set forth as Exhibit B hereto, and in the manner
and to the accounts specified in the Note Agreement and the note purchase
agreement pursuant to which the 2003 Notes were issued (as each amended on the
date hereof, including the amendments to the Purchaser Schedule attached hereto
as Schedule A), for payments of principal and interest on the Notes and the 2003
Notes (as applicable).

8.    MISCELLANEOUS.

      8.1.  PART OF NOTE AGREEMENT, RATIFICATION AND CONFIRMATION.

      This Agreement shall be construed in connection with and as a part of the
Existing Note Agreement and, except as expressly amended by this Agreement, (a)
no terms or provisions of the Existing Note Agreement or any other agreement are
modified or changed by this Agreement, (b) the terms of this Agreement shall not
operate as an amendment, waiver or other modification by the Noteholder of, or
otherwise prejudice the Noteholder's rights, remedies or powers under, the Note
Agreement or under any applicable law, and all of such rights, remedies and
powers are hereby expressly reserved, and (c) the obligations of the Obligors
under the Existing Note Agreement and the Notes are hereby ratified and
confirmed. Any and all notices, requests, certificates and other instruments
executed and delivered after the execution and delivery of this Agreement may
refer to the Existing Note Agreement and the Notes without making specific
reference to this Agreement, but nevertheless all such references shall include
this Agreement unless the context otherwise requires.

      8.2.  COUNTERPARTS; EFFECTIVENESS.

      This Agreement may be executed in any number of counterparts, each of
which shall be an original but all of which together shall constitute one
instrument. Delivery of an executed

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signature page by facsimile transmission shall be effective as delivery of a
manually signed counterpart of this Agreement.

      8.3.  SUCCESSORS AND ASSIGNS.

      All covenants and other agreements in this Agreement contained by or on
behalf of any of the parties hereto shall bind and inure to the benefit of the
respective successors and assigns of the parties hereto (including, without
limitation, any transferee) whether so expressed or not.

      8.4.  GOVERNING LAW.

      THIS AGREEMENT SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, AND THE
RIGHTS OF THE PARTIES SHALL BE GOVERNED BY, THE INTERNAL LAWS OF THE STATE OF
NEW YORK EXCLUDING CHOICE-OF-LAW PRINCIPLES OF THE LAW OF SUCH STATE THAT WOULD
REQUIRE THE APPLICATION OF THE LAWS OF A JURISDICTION OTHER THAN SUCH STATE.

      8.5.  POST-CLOSING COLLATERAL DOCUMENTS.

      The Obligors will not, and will not permit any Subsidiary to, enter into
any agreements granting security interests or any other collateral documentation
for the benefit of the Lenders in connection with the transactions contemplated
hereby unless such agreements and documentation are also provided for the
ratable benefit of the Noteholder.

   [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK. NEXT PAGE IS SIGNATURE PAGE.]

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      If you are in agreement with the foregoing, please so indicate by signing
the agreement below on the accompanying counterpart of this Agreement and
returning it to the Company, whereupon the foregoing shall become a binding
agreement among you and the Obligors.

                                                     Very truly yours,

                                                     TBC CORPORATION

                                                     By /s/
                                                        ------------------------
                                                     Name: Tim J. Miller
                                                     Title: Vice President

                                                     TBC PRIVATE BRANDS, INC.

                                                     By /s/
                                                        ------------------------
                                                     Name: Tim J. Miller
                                                     Title: Vice President

     [Signature Page to Amendment No. 3 to Second Amended and Restated Note
                                   Agreement]

<PAGE>

The foregoing Agreement is hereby accepted
as of the date first above written.

THE PRUDENTIAL INSURANCE COMPANY OF AMERICA

By: /s/
    --------------------------
Name: Billy B. Greer
Title: Senior Vice President

     [Signature Page to Amendment No. 3 to Second Amended and Restated Note
                                   Agreement]

<PAGE>

                                                                       EXHIBIT A

                      AMENDMENTS TO EXISTING NOTE AGREEMENT

1.    GLOBAL AMENDMENTS.

      The following amendments were made to the First Amended Note Agreement by
Amendment No. 2:

      All covenants, restrictions and prohibitions applicable to the Company
contained in the First Amended Note Agreement (including, without limitation,
those obligations, restrictions and prohibitions set forth in Sections 5 through
7, inclusive, of the First Amended Note Agreement) shall apply to the Holding
Company such that references contained therein to "the Company" or "the Company
and its Subsidiaries" shall be deemed to have been replaced by references to
"the Holding Company" or "the Holding Company and its Subsidiaries", as the case
may be, and (c) all definitions contained in the Note Agreement that are
calculated or defined on a consolidated basis shall include the Holding Company
in such calculation or definition. Notwithstanding the provisions of the
preceding sentence, any references to "the Company" contained in clauses (a),
(b), (c), (d), (e), (l) and (o) of Section 7.1 of the First Amended Note
Agreement are hereby each replaced with references to "the Company or the
Holding Company".

2.    AMENDMENT TO INTRODUCTORY PARAGRAPH.

      The introductory paragraph of the First Amended Note Agreement was amended
and restated by Amendment No. 2 to read as follows:

      "TBC PRIVATE BRANDS, INC., a Delaware corporation (formerly known as TBC
Corporation) (together with its permitted successors and assigns, the "COMPANY")
and TBC CORPORATION, a Delaware corporation (formerly known as TBC Parent
Holding Corp.) (together with its permitted successors and assigns, the "HOLDING
COMPANY"), hereby agree with you as follows:"

3.    AMENDMENT TO SECTION 3.6.

      Section 3.6 of the Original Note Agreement was amended by Amendment No. 1
by deleting the parenthetical expression "(the "INTERCREDITOR AGREEMENT")" from
the fourth line thereof.

4.    AMENDMENT TO SECTION 3.8.

      Section 3.8 of the Original Note Agreement was amended by Amendment No. 1
by deleting the parenthetical expression "(the "GUARANTEE AND COLLATERAL
AGREEMENT")" from the fifth and sixth lines thereof.

5.    AMENDMENTS TO AFFIRMATIVE COVENANTS.

      (a) FINANCIAL STATEMENTS. Section 5.1 of the Existing Note Agreement shall
be and is hereby amended by deleting the first four lines of the last paragraph
thereof and replacing them with the following:

                                  Exhibit A-1

<PAGE>

            "Together with each delivery of financial statements required by
      clauses (a) and (b) above prepared as at, or for any period ending on or
      after, September 30, 2005, the Holding Company will deliver to each holder
      of any Notes an Officer's Certificate demonstrating (with computations in
      reasonable detail) compliance by the Holding Company and its Subsidiaries
      with the provisions of Sections 6.1(a) through (c)"

      (b) NOTICE OF CERTAIN MATERIAL EVENTS. Section 5.2 of the Original Note
Agreement was amended by Amendment No. 1 by deleting "; and" appearing at the
end of clause (b) thereof, relettering clause (c) as clause (d), and inserting a
new clause (c) to read in its entirety as follows:

            "(c) the occurrence of the events described in the definition of
      "Subsidiary" resulting in TBC de Mexico being considered a Subsidiary for
      all purposes under this Agreement; and".

      (c) ADDITIONAL COLLATERAL. Section 5.8 of the Existing Note Agreement
shall be and is hereby amended by deleting the reference to "$10,000,000"
therein and replacing it with "$15,000,000".

      (d) CORPORATE EXISTENCE, ETC.; BUSINESS. The first sentence of Section
5.12 of the Original Note Agreement and the First Amended Note Agreement was
amended so that, after giving effect to both Amendment No. 1 and Amendment No.
2, such sentence reads in its entirety as follows:

            "The Holding Company covenants that it will, and will cause each of
      its Subsidiaries to, preserve and keep in full force and effect at all
      times its corporate existence, and the permits, licenses, franchises and
      other rights material to its business, provided that the foregoing shall
      not prohibit any merger, consolidation, conversion, restructuring,
      liquidation, dissolution or other transaction permitted under Section
      6.4."

      (e) INTERCOMPANY LOANS; PAYMENTS. Section 5.15 of the Existing Note
Agreement shall be and is hereby amended and restated in its entirety as
follows:

            "5.15. INTERCOMPANY LOANS; PAYMENTS. The Holding Company agrees with
      each holder of Notes that (i) except as provided in clause (ii), any
      payments made by a Subsidiary Obligor in reduction of its obligation under
      the Guarantee and Collateral Agreement, shall reduce dollar for dollar its
      total obligation to the Company and the Holding Company for repayment of
      any Intercompany Loans, (ii) it will require that any payments made by a
      Subsidiary Obligor that is a direct Wholly-Owned Subsidiary of another
      Wholly-Owned Subsidiary of the Company or the Holding Company, in
      reduction of its obligation under the Guarantee and Collateral Agreement,
      shall reduce dollar for dollar its total obligation for repayment of any
      Intercompany Loans owed to its sole shareholder, (iii) neither it nor any
      Wholly-Owned Subsidiary will demand, enforce or accept any payments on
      account of any Intercompany Loans owed to the Holding Company or such
      Wholly-Owned Subsidiary by any Subsidiary Obligor other than Northern
      States Tire, Inc. and Big O Development, Inc. at a time when such
      Subsidiary Obligor is insolvent or if such payments could reasonably be
      expected to render such Subsidiary Obligor insolvent, to leave it with
      unreasonably small capital for the business

                                  Exhibit A-2

<PAGE>

      in which it is engaged and in which it intends to engage, or to leave it
      unable to pay its other Indebtedness as the same matures."

6.    AMENDMENTS TO NEGATIVE COVENANTS.

      (a) FINANCIAL COVENANTS. Section 6.1 of the Existing Note Agreement shall
be and is hereby amended and restated in its entirety to read as follows:

            "6.1. FINANCIAL COVENANTS. The Holding Company will not at any time
      permit:

                  (a) FIXED CHARGE COVERAGE RATIO. The Fixed Charge Coverage
            Ratio as of the last day of any Fiscal Quarter to be less than the
            amount set forth in the table below:

<TABLE>
<CAPTION>
                 FISCAL QUARTER ENDING                              RATIO
                 ---------------------                              -----
<S>                                                              <C>
September 30, 2005, December 31, 2005 and March 31, 2006         1.15 to 1.0

any Fiscal Quarter ending thereafter                             1.20 to 1.0
</TABLE>

            "FIXED CHARGE COVERAGE RATIO" shall mean, as of the last day of any
            Fiscal Quarter, the ratio of (a) (i) EBITDAR for the period of four
            completed Fiscal Quarters ending on the last day of such Fiscal
            Quarter, minus (ii) Capital Expenditures for such period, to (b)
            Fixed Charges for such period.

                  (b) MAXIMUM LEVERAGE RATIO. The Leverage Ratio as of the end
            of any Fiscal Quarter to be greater than the amount set forth in the
            table below:

<TABLE>
<CAPTION>
                 FISCAL QUARTER ENDING                               RATIO
                 ---------------------                               -----
<S>                                                               <C>
September 30, 2005, December 31, 2005 and March 31, 2006          3.00 to 1.0

any Fiscal Quarter ending thereafter                              2.75 to 1.0
</TABLE>

            "LEVERAGE RATIO" at any time means the ratio of Consolidated Funded
            Indebtedness as of the end of the then most recent Fiscal Quarter to
            the aggregate EBITDA for the period of four Fiscal Quarters most
            recently ended, including any adjustments based on Acceptable
            Acquisitions and dispositions as provided in the definition of
            EBITDA.

                  (c) ASSET TEST. The ratio of the sum of consolidated accounts
            receivable and inventories subject to a first priority perfected
            security interest in favor of the Collateral Agent pursuant to the
            Guarantee and Collateral Agreement (and, in any event, exclusive of
            any then outstanding amounts secured by a security interest on
            inventory permitted by Section 6.3(f)) to Consolidated Funded
            Indebtedness as at the end of any Fiscal Quarter to be less than the
            amount set forth in the table below:

                                  Exhibit A-3

<PAGE>

<TABLE>
<CAPTION>
                 FISCAL QUARTER ENDING                                RATIO
                 ---------------------                                -----
<S>                                                                <C>
September 30, 2005, December 31, 2005 and March 31, 2006           1.20 to 1.0

any Fiscal Quarter ending thereafter                               1.25 to 1.0"
</TABLE>

      (b) LIMITATIONS ON INDEBTEDNESS. Section 6.2 of the Existing Note
Agreement shall be and is hereby amended and restated in its entirety as
follows:

            "6.2. LIMITATION ON INDEBTEDNESS. The Holding Company will not, nor
      will it permit any of its Subsidiaries to, create, incur, assume or permit
      to exist any Indebtedness, except:

                  (a) (i) Indebtedness created hereunder and Guarantees executed
            pursuant hereto (including, without limitation, the Guarantee and
            Collateral Agreement), and (ii) Indebtedness and Guarantees under
            the Credit Agreement in an aggregate principal amount not exceeding
            $325,000,000; provided, however, that the amount of any increase in
            the aggregate revolving commitments thereunder made in accordance
            with Section 2.02(d) thereof that increases the aggregate
            Indebtedness and Guarantees under the Credit Agreement to an amount
            greater than $325,000,000, but less than or equal to $400,000,000,
            shall be permitted;

                  (b) Indebtedness and Guarantees existing on the Third
            Amendment Effective Date and set forth on Schedule 6.2(b) and
            extensions, renewals and replacements of any such Indebtedness that
            do not increase the outstanding principal amount thereof over the
            amount set forth in respect of such Indebtedness on Schedule 6.2(b);

                  (c) Indebtedness owed to the Holding Company, the Company or
            any Wholly-Owned Subsidiary by any of the Holding Company, the
            Company or any Wholly-Owned Subsidiary, that in each case is
            permitted under Section 6.5(c);

                  (d) [Intentionally Omitted];

                  (e) Guarantee obligations entered into by Big O or its
            Subsidiaries on behalf of its franchisees, other than those
            Guarantee obligations existing on the Third Amendment Effective Date
            and listed on Schedule 6.2(e), provided that the aggregate principal
            amount of such guaranteed obligations arising after the date hereof
            plus the aggregate principal amount of loans permitted under Section
            6.5(i) at no time exceeds $30,000,000;

                  (f) Indebtedness of any Subsidiary which becomes such as a
            result of an Acceptable Acquisition, including such Indebtedness
            that is assumed or becomes the subject of a Guarantee, but not any
            extensions, renewals or replacements thereof; provided, that such
            Indebtedness is not created in contemplation of or in connection
            with such Acceptable Acquisition;

                                  Exhibit A-4

<PAGE>

                  (g) Guarantees by the Holding Company or any of its
            Wholly-Owned Subsidiaries of Indebtedness of the Holding Company or
            any of its Wholly-Owned Subsidiaries, provided such Indebtedness is
            otherwise permitted pursuant to this Section 6.2;

                  (h) Guarantee obligations entered into by (x) the Holding
            Company or any of its Wholly-Owned Subsidiaries, of obligations of
            the Holding Company or any of its Wholly-Owned Subsidiaries to
            Persons other than their Affiliates, which obligations are incurred
            by them in the ordinary course of business and do not constitute
            Indebtedness, such as trade accounts payable, customer advances,
            accrued expenses and lease payments that do not constitute
            Indebtedness, and (y) the Holding Company or any of its Wholly-Owned
            Subsidiaries, of obligations of Persons other than the Holding
            Company, its Subsidiaries and any of their Affiliates, provided that
            the aggregate principal amount of the guaranteed obligations under
            clause (y) plus the aggregate amount of the investments permitted
            under Section 6.5(d) at no time exceeds $30,000,000;

                  (i) [Intentionally Omitted].

                  (j) Guarantees and Indebtedness arising in connection with (x)
            sale and leaseback transactions existing on the Third Amendment
            Effective Date and set forth on Schedule 6.2(b) and extensions,
            renewals and replacements of any such sale and leaseback
            transactions that do not increase the outstanding principal amount
            thereof over the amount set forth on such Schedule 6.2(b) and (y)
            sale and leaseback transactions permitted under Section 6.10(d); and

                  (k) other Indebtedness not otherwise permitted by clauses (a)
            through (j) of this Section 6.2 in an aggregate principal amount not
            to exceed $35,000,000 at any time outstanding."

      (c) LIENS. Section 6.3 of the Existing Note Agreement shall be and is
hereby amended and restated in its entirety as follows:

            "6.3 LIENS. The Holding Company will not, nor will it permit any of
            its Subsidiaries to, create, incur, assume or permit to exist any
            Lien on any property or asset now owned or hereafter acquired by it
            or any of its Subsidiaries, or assign or sell any income or revenues
            (including accounts receivable) or rights in respect of any thereof,
            except:

                  (a) Permitted Encumbrances;

                  (b) any Lien on any property or asset of the Holding Company
            or any Subsidiary existing on the Third Amendment Effective Date and
            set forth on Schedule 6.3; provided that, if such Lien is not
            released within sixty (60) days after the date hereof (i) such Lien
            shall not apply to any other property or asset of the Holding
            Company or any Subsidiary and (ii) such Lien shall secure only those
            obligations which it secures on the date hereof and extensions,
            renewals and replacements thereof that do not increase the
            outstanding principal amount thereof over the amount set forth on
            Schedule 6.3;

                                  Exhibit A-5

<PAGE>

                  (c) any Lien existing on any property or asset prior to the
            acquisition thereof by the Holding Company or any Subsidiary or
            existing on any property or asset of any Person that becomes a
            Subsidiary after the date hereof prior to the time such Person
            becomes a Subsidiary; provided that (i) such Lien is not created in
            contemplation of or in connection with such acquisition or such
            Person becoming a Subsidiary, as the case may be, (ii) such Lien
            shall not apply to any other property or assets of the Holding
            Company or any Subsidiary, (iii) such Lien secures Indebtedness
            permitted by Section 6.2(k) and (iv) such Lien shall secure only
            those obligations which it secures on the date of such acquisition
            or the date such Person becomes a Subsidiary, as the case may be;

                  (d) Liens on fixed or capital assets acquired by the Company
            or any Subsidiary; provided that (i) such Liens secure Indebtedness
            permitted by Section 6.2(k), (ii) such Liens and the Indebtedness
            secured thereby are incurred prior to such acquisition or
            simultaneously therewith, (iii) the Indebtedness secured thereby
            does not exceed 100% of the cost of acquiring such fixed or capital
            assets, (iv) such security interests shall not apply to any other
            property or assets of the Company or any Subsidiary; and (v) the
            aggregate Indebtedness secured by all such Liens does not exceed
            $10,000,000;

                  (e) Liens arising in connection with sale and leaseback
            transactions (i) described in Section 6.2(j)(x) or (ii) other sale
            and leaseback transactions permitted under Section 6.10(d); and

                  (f) a security interest granted by Tire Kingdom to Michelin
            Tire Corporation, as secured party, with respect to all inventory
            previously and hereafter purchased from Michelin Tire Corporation by
            Tire Kingdom and all proceeds thereof."

      (d) FUNDAMENTAL CHANGES. Section 6.4 of the Existing Note Agreement shall
be and is hereby amended and restated in its entirety as follows:

            "6.4. FUNDAMENTAL CHANGES. The Holding Company will not, nor will it
      permit any of its Subsidiaries to, merge or consolidate with or into any
      other Person, or permit any other Person to merge into or with it or
      consolidate with it, or sell, transfer, lease or otherwise dispose of (in
      one transaction or in a series of transactions) any of the stock of its
      Subsidiaries (in each case, whether now owned or hereafter acquired), or
      liquidate or dissolve itself or any of its Subsidiaries, except that, if
      at the time of any such event and immediately after giving effect thereto
      no Default or Event of Default shall have occurred and be continuing:

                  (a) any Wholly-Owned Subsidiary may merge or consolidate with
            or into the Holding Company or into another Wholly-Owned Subsidiary;

                  (b) any Wholly-Owned Subsidiary may sell, transfer, lease or
            otherwise dispose of any portion of its assets to the Holding
            Company or to another Wholly-Owned Subsidiary;

                  (c) any Wholly-Owned Subsidiary may liquidate or dissolve if
            the Holding Company determines in good faith that such liquidation
            or dissolution is

                                  Exhibit A-6

<PAGE>

            in the best interests of the Holding Company and is not materially
            disadvantageous to the holders of the Notes;

                  (d) Acceptable Acquisitions shall be permitted;

                  (e) the disposal of Northern States Tire, Inc. shall be
            permitted, whether by sale of assets or stock, or by merger,
            consolidation, dissolution or liquidation;

                  (f) any Wholly-Owned Subsidiary may change its entity form to,
            or otherwise convert to another form of entity, which is also a
            Wholly-Owned Subsidiary and is a grantor and guarantor under the
            Guarantee and Collateral Agreement, or engage in any other
            restructuring, provided that no assets of or ownership interests in
            any such Wholly-Owned Subsidiary shall be transferred to a Person
            which is not also a Wholly-Owned Subsidiary and a grantor and
            guarantor under the Guarantee and Collateral Agreement; and

                  (g) the Holding Company may merge or consolidate with or into
            the Company, and the Company may merge or consolidate with or into
            the Holding Company."

      (e) INVESTMENTS, LOANS, ADVANCES, GUARANTEES AND ACQUISITIONS. Section 6.5
of the Existing Note Agreement shall be and is hereby amended and restated in
its entirety as follows:

            "6.5. INVESTMENTS, LOANS, ADVANCES, GUARANTEES AND ACQUISITIONS. The
      Holding Company will not, nor will it permit any of its Subsidiaries to,
      purchase, hold or acquire (including pursuant to any merger with any
      Person that was not a Wholly-Owned Subsidiary prior to such merger) any
      capital stock, evidences of Indebtedness or other securities (including
      any option, warrant or other right to acquire any of the foregoing) of, or
      make or permit to exist any loans or advances to, Guarantee any
      obligations of, or make or permit to exist any investment or any other
      interest in, any other Person, or purchase or otherwise acquire (in one
      transaction or a series of transactions) any assets of any other Person
      constituting a business unit, except:

                  (a) Permitted Investments;

                  (b) (i) capital investments by the Holding Company or any
            Subsidiary in any Subsidiary (provided that such latter Subsidiary
            is in existence on the Third Amendment Effective Date or becomes a
            Subsidiary at any time after such date in a manner that complies
            with all other provisions of this Agreement, without giving effect
            to this clause (b)) and (ii) other existing investments and loans as
            otherwise described in Schedule 6.5(b);

                  (c) advances made by the Holding Company, the Company or any
            Wholly-Owned Subsidiary to the Holding Company, the Company or any
            Wholly-Owned Subsidiary;

                  (d) loans and advances to, purchases of equity interests in
            and contributions to the capital of Joint Ventures and other Persons
            not otherwise

                                  Exhibit A-7

<PAGE>

            permitted by this Section 6.5; provided that the aggregate amount of
            such investments, plus the aggregate amount of the obligations
            guaranteed pursuant to Section 6.2(h)(y), shall not exceed
            $30,000,000 at any one time (it being understood that profits and
            losses of Joint Ventures that are passed through to its equity
            holders shall not be included in the calculation of the aggregate
            amount of such investments);

                  (e) investments in evidences of Indebtedness representing
            amounts formerly constituting accounts receivable owed to the
            Holding Company or any Subsidiary in the ordinary course of
            business;

                  (f) Guarantees permitted under Section 6.2;

                  (g) Acceptable Acquisitions so long as either (i) the Leverage
            Ratio as of the time immediately after giving effect to such
            Acceptable Acquisition would be at least 0.50 to 1.00 less than the
            maximum ratio required under Section 6.1(b) for the end of the
            Fiscal Quarter during which the Acceptable Acquisition is made or
            (ii) the aggregate consideration paid in respect of all Acceptable
            Acquisitions made in any Fiscal Year does not exceed $20,000,000;

                  (h) Intercompany Loans made to the Holding Company, the
            Company or any Wholly-Owned Subsidiary by the Holding Company, the
            Company or any Wholly-Owned Subsidiary; and

                  (i) loans by Big O or its Wholly-Owned Subsidiaries to Big O
            franchisees, provided that the aggregate principal amount of such
            loans arising after the date hereof plus the aggregate amount of the
            obligations guaranteed pursuant to Section 6.2(e) at no time exceeds
            $30,000,000. For purposes of this clause (i) investments in
            evidences of Indebtedness permitted under clause (e) of this Section
            6.5 and Big O franchisee loans that have been sold to third parties
            shall be excluded from the loans and obligations required to be
            within the $30,000,000 limit."

      (f) TRANSACTIONS WITH AFFILIATES. The proviso contained in Section 6.7 of
the Existing Note Agreement shall be and is hereby amended and restated in its
entirety as follows:

            "; provided that the foregoing shall not apply to (i) transactions
      between the Holding Company and any of its Wholly-Owned Subsidiaries or
      between or among such Wholly-Owned Subsidiaries, as long as such
      transactions do not violate Section 6.5, (ii) if such transactions occur
      in the ordinary course of business consistent with past practices of the
      Holding Company and/or Subsidiary, (A) to transactions between the Holding
      Company or any Wholly-Owned Subsidiary and TBC de Mexico, a Mexican
      variable capital corporation, or (B) to transactions between Big O or any
      of its Subsidiaries and any Joint Venture established by Big O or any of
      its Subsidiaries in the ordinary course of business, the entire investment
      in which is permitted under Section 6.5(d)."

      (g) SALE OF ASSETS. Section 6.10 of the Existing Note Agreement shall be
and is hereby amended and restated in its entirety as follows:

                                  Exhibit A-8

<PAGE>

            "6.10. SALE OF ASSETS. The Holding Company will not, and will not
      permit any of its Subsidiaries to, sell, lease, assign, transfer or
      otherwise dispose of any of its or their now owned or hereafter acquired
      assets (including, without limitation, shares of stock and indebtedness of
      such Subsidiaries, receivables and leasehold interests), other than:

                  (a) inventory disposed of in the ordinary course of business;

                  (b) transactions with Affiliates permitted under Section 6.7;

                  (c) the sale or other disposition of assets that are obsolete
            or no longer used or usable for the conduct of business in the
            ordinary course;

                  (d) one or more transactions in which fixed or capital assets
            are sold and leased back on terms that do not constitute Capitalized
            Lease Obligations (other than any transaction described in clause
            (e) below) provided that (i) if the aggregate sale price of the
            assets sold exceeds $15,000,000, the Net Proceeds of each such sale
            are used to prepay principal of the Notes, the 2003 Notes and Bank
            Term Loans, in accordance with Section 4.8;

                  (e) the sale by Big O and its Subsidiaries of (i) Big O
            franchisee loans to third parties, and (ii) Big O stores (including
            real estate, fixtures and equipment) to Big O franchisees and the
            sale and leaseback thereof for subleasing to Big O franchisees,
            provided that, in each case under the foregoing clauses (i) and (ii)
            the transaction is in the ordinary course of business and consistent
            with past practice; and

                  (f) sales, transfers and other dispositions of assets that are
            not permitted by any other clause of this Section, provided that the
            aggregate fair market value of all assets sold, transferred or
            otherwise disposed of in reliance upon this clause (f) shall not
            exceed $15,000,000 during any Fiscal Year."

      (h) RESTRICTED PAYMENTS. Section 6.11 of the Existing Note Agreement shall
be and is hereby deleted.

7.    AMENDMENTS TO DEFINITIONS.

      (a) The following definitions in Section 10.2 of the Existing Note
Agreement shall be and are hereby amended and restated in their entireties or
added to Section 10.2 in their appropriate alphabetical order (or were amended
and restated or added in their appropriate alphabetical order in Amendment No. 1
(denoted by a "*") or Amendment No. 2 (denoted by a "#")), as the case may be,
as follows:

            ""ACCEPTABLE ACQUISITION" means any transaction completed after the
      Third Amendment Effective Date pursuant to which the Company, the Holding
      Company or any Wholly-Owned Subsidiary (a) acquires all of the outstanding
      equity securities of any Person other than the Company or the Holding
      Company or any Person which is then a Wholly-Owned Subsidiary, (b)
      otherwise makes any Person a Wholly-Owned Subsidiary of the Company or the
      Holding Company, in any case pursuant to a merger, purchase of assets or
      any reorganization or (c) purchases all or substantially all of the
      business or assets of any Person other than a Wholly-Owned Subsidiary or
      of any business unit or

                                  Exhibit A-9

<PAGE>

      line of business of any such Persons if (i) such transaction has been
      either (1) approved by the board of directors or the comparable or
      appropriate body of any other Person, which is the subject of such
      transaction or (2) recommended by such board to the shareholders or such
      other body to the equity holders of such other Person, (ii) the target of
      the transaction is a Person which is engaged in the replacement tire
      industry, (ii) no Default or Event of Default shall have occurred and be
      continuing or would result therefrom and (iv) pro forma financial
      statements and projections including the Holding Company, its Subsidiaries
      and the Person and/or assets to be acquired, covering the most recent 12
      month period for which financial statements are available and the twelve
      months following the transaction, show that no Default or Event of Default
      would result from such transaction."

            ""ADJUSTED LEVERAGE RATIO" means, at the end of any Fiscal Quarter,
      the ratio of (i) Consolidated Adjusted Debt at such time, to (ii) EBITDAR
      for the period of four completed Fiscal Quarters then most recently
      ended."

            ""APPLICABLE MARGIN" means, (a) at any time prior to the Third
      Amendment Effective Date, 1.00% per annum, (b) at any time on or after the
      Third Amendment Effective Date and (i) up to and including the last day of
      the first Lower Leverage Period after the Third Amendment Effective Date,
      0.75% per annum, (ii) thereafter, 0.00% per annum beginning on the first
      day following a Lower Leverage Period (including the first Lower Leverage
      Period referred to in clause (i)) up to and including the last day of the
      next succeeding Higher Leverage Period, and 0.75% per annum beginning on
      the first day following a Higher Leverage Period up to and including the
      last day of the next succeeding Lower Leverage Period."

            ""BANK TERM LOAN" means a loan made under the Credit Agreement
      pursuant to Section 2.01(b) of the Credit Agreement."

            ""CAPITAL EXPENDITURES" means, for any period, expenditures
      (excluding the aggregate amount of Capital Lease Obligations incurred
      during such period) made directly or indirectly by the Holding Company or
      any Subsidiary to acquire or construct fixed assets, property, plant and
      equipment (including renewals, improvements, replacements and
      substitutions, but excluding repairs) during such period, computed in
      accordance with GAAP."

            ""CONSOLIDATED ADJUSTED DEBT" shall mean, at the end of any Fiscal
      Quarter, Consolidated Funded Indebtedness as of the end of such Fiscal
      Quarter, plus eight times the rental payments made (net of any sublease
      income) by the Holding Company and its Subsidiaries during the period of
      four completed Fiscal Quarters then most recently ended."

            ""CONSOLIDATED CASH INTEREST EXPENSE" means, for any period for
      which such amount is being determined, (a) the interest expense of the
      Holding Company and its Consolidated Subsidiaries for such period
      determined on a consolidated basis in accordance with GAAP, including the
      portion of any rents payable under Capitalized Lease Obligations allocable
      to interest expense in accordance with GAAP, minus (b) to the extent
      included in such consolidated interest expense for such period, non-cash

                                  Exhibit A-10

<PAGE>

      amounts attributable to amortization of debt discounts, accrued interest
      payable in kind or amortization of fees paid in a previous period."

            ""CONSOLIDATED RENTAL EXPENSE" means for any period for which such
      amount is being determined, the aggregate rental payments (net of any
      sublease income) of the Holding Company and its Subsidiaries for such
      period determined on a consolidated basis in accordance with GAAP."

            ""CREDIT AGREEMENT" shall mean the Credit Agreement, dated as of the
      Third Amendment Effective Date, among the Company, First Tennessee Bank,
      National Association, as Administrative Agent, JPMorgan Chase Bank, N.A.
      as Co-Administrative Agent, and the other lenders party thereto."

            ""EBITDA" shall mean, as to any period, the sum of (i) Consolidated
      Net Income, plus (ii) consolidated depreciation, amortization and all
      other non-cash charges plus (iii) income taxes to the extent they reduce
      Consolidated Net Income, plus (iv) Consolidated Cash Interest Expense.

      In addition, (a) EBITDA shall include, on a pro forma basis for each
      Fiscal Quarter (including any pro forma cost savings to the extent the
      same could be reflected in pro forma financial statements contained in
      filings with the Securities and Exchange Commission pursuant to its
      Regulation S-X), the foregoing information with respect to each Person
      that was either acquired in an Acceptable Acquisition or disposed of as
      permitted by this Agreement during such Fiscal Quarter, determined as if
      the Acquisition or disposition had taken place on the first day of such
      Fiscal Quarter; and (b) whenever in this Agreement EBITDA is determined
      for a period of four Fiscal Quarters, it shall include, on a pro forma
      basis for such period (including any pro forma cost savings referred to in
      the parenthetical above), the foregoing information with respect to each
      Person that was either acquired in an Acceptable Acquisition or disposed
      of as permitted by this Agreement during such period, determined as if the
      Acquisition or disposition had taken place on the first day of such four
      Fiscal Quarter period."

            ""EBITDAR" means, for any period for which such amount is being
      determined, the sum of (a) EBITDA for such period plus (b) Consolidated
      Rental Expense for such period."

            ""FIXED CHARGES" shall mean, for any period, the sum of Consolidated
      Cash Interest Expense, Scheduled Payments, Consolidated Rental Expense and
      Restricted Payments for such period."

            ""GUARANTEE AND COLLATERAL AGREEMENT" shall mean the Guarantee and
      Collateral Agreement, dated as of the Third Amendment Effective Date,
      executed and delivered by the Holding Company, the Company and each
      Subsidiary Obligor in favor of the Collateral Agent, and the holders of
      the Notes and the 2003 Notes, as amended, supplemented or otherwise
      modified from time to time."

            ""HIGHER LEVERAGE PERIOD" means any period of two complete
      consecutive Fiscal Quarters in respect of which the Adjusted Leverage
      Ratio at the end of each such Fiscal Quarter is greater than 4.50:1."

                                  Exhibit A-11

<PAGE>

            ""INTERCREDITOR AGREEMENT" shall mean the Intercreditor Agreement,
      dated as of the Third Amendment Effective date, by and among the holders
      of the Notes and the 2003 Notes, the lenders party to the Credit Agreement
      and the Collateral Agent, as amended, supplemented or otherwise modified
      from time to time."

            ""LEVERAGE RATIO" is defined in Section 6.1(b)."

            ""LOWER LEVERAGE PERIOD" means any period of two complete
      consecutive Fiscal Quarters in respect of which the Adjusted Leverage
      Ratio at the end of each such Fiscal Quarter is less than or equal to
      4.50:1."

            ""NEW MORTGAGE" means that certain Amended and Restated Deed of
      Trust, Assignment of Leases and Security Agreement, dated on or about the
      Third Amendment Effective Date, in respect of real property and
      improvements in Memphis, Tennessee owned by the Company securing its
      obligations to, among other parties, the holders of Notes, in respect of,
      among other obligations, the Company's obligations under this Agreement
      and the Notes, as amended, supplemented or otherwise modified from time to
      time."

            ""PREPAYMENT EVENT" shall mean:

                  (a) any sale and leaseback transaction permitted pursuant to
            Section 6.10(d) of any property or asset of the Holding Company or
            any Subsidiary that requires a prepayment in accordance with the
            proviso to such Section or any other sale, transfer, or other
            disposition of any property or asset of the Holding Company or any
            Subsidiary other than dispositions permitted pursuant to Sections
            6.10(a), (b), (c), (e) or (f); or

                  (b) any casualty or other insured damage to, or any taking
            under power of eminent domain or by condemnation or similar
            proceeding of, any property or asset of the Holding Company or any
            Subsidiary, but only to the extent that the Net Proceeds therefrom,
            together with any other such Net Proceeds received after the Third
            Amendment Effective Date, exceed $5,000,000 in the aggregate and
            have not been applied to repair, restore or replace such property or
            asset or to acquire other real property, equipment or other tangible
            assets to be used in the business of the Holding Company or any
            Subsidiary within one year after such event; or

                  (c) any other "Prepayment Event" as defined in the Credit
            Agreement."

            ""RESTRICTED PAYMENT" means, without duplication, for any period,
      the sum of (i) dividends or other distributions paid during such period
      (whether in cash, securities or other property) with respect to any shares
      of any class of capital stock of the Holding Company and (ii) payments
      made during such period (whether in cash, securities or other property),
      including any sinking fund or similar deposit, on account of the purchase,
      redemption, retirement, acquisition, cancellation or termination of any
      shares of capital stock of the Holding Company or any option, warrant or
      other right to acquire any such shares of capital stock of the Holding
      Company, provided that any such dividends,

                                  Exhibit A-12

<PAGE>

      distributions or payments made solely with additional shares of the
      Holding Company's common stock shall not constitute Restricted Payments."

            ""SCHEDULED PAYMENTS" means, for any period, the sum (without
      duplication) of the aggregate amount of (i) scheduled principal payments
      made during such period in respect of Long-Term Indebtedness of the
      Holding Company and its Subsidiaries (other than payments made by the
      Holding Company or any Subsidiary to the Holding Company or a Subsidiary),
      including scheduled prepayments of the Notes pursuant to Section 4.1 for
      such period and (ii) scheduled principal cash payments made during such
      period on account of Capitalized Lease Obligations."

      #     ""SUBSIDIARY" means any subsidiary of the Holding Company; provided,
      however, that (a) in no event shall TBC de Mexico be considered to be a
      Subsidiary for purposes hereof (but, to the extent required by GAAP, shall
      be consolidated in the consolidated financial statements of the Holding
      Company and as such included in the calculation of the covenants in
      Sections 6.1(a), 6.1(b) and 6.1(c)) until such time, if any, as the
      Holding Company's interest in TBC de Mexico exceeds 60%, the Holding
      Company is required by GAAP to consolidate TBC de Mexico into the Holding
      Company's consolidated financial statements, and the Holding Company's
      equity investment in TBC de Mexico exceeds $2,500,000; and (b) no
      subsidiary under clause (a) of the definition thereof shall be considered
      to be a Subsidiary for purposes hereof solely because, under FASB
      Interpretation No. 46, GAAP requires such Person to be consolidated in the
      consolidated financial statements of the Holding Company."

            ""THIRD AMENDMENT EFFECTIVE DATE" means June 17, 2005."

      #     ""WHOLLY-OWNED SUBSIDIARY" shall mean, as to any Person, (a) any
      subsidiary all of whose outstanding Voting Stock is at the time owned
      directly by such Person (including any subsidiary all of whose outstanding
      Voting Stock is at the time owned directly or indirectly by one of such
      Person's Wholly-Owned Subsidiaries) or (b) any partnership, limited
      liability company, association, joint venture or similar business
      organization of which 100% of the ownership interests having ordinary
      voting power are at the time so owned. Unless the context otherwise
      clearly requires, any reference herein to a "Wholly-Owned Subsidiary" is a
      reference to a Wholly-Owned Subsidiary of the Holding Company."

      (b) The following definitions are hereby deleted from Section 10.2 of the
Existing Note Agreement in their entirety:

            First Amendment
            First Amendment Effective Date
            NTB
            NTB Acquisition
            NTB Sale and Leaseback
            SunTrust Sale and Leaseback
            Second Amendment

8.    AMENDMENT TO SECTION 11.3.

                                  Exhibit A-13

<PAGE>

      Section 11.3 (Consent to Amendments) of the Existing Note Agreement is
hereby amended by inserting, between "This Amendment" and "may be amended", the
phrase "each of the other Financing Documents" in the first line thereof.

9.    AMENDMENT TO SECTION 11.9.

      Section 11.9 of the First Amended Note Agreement was amended and restated
by Amendment No. 2 to read as follows:

            "11.9 NOTICES.

            All written communications provided for hereunder shall be sent by
      first class mail or nationwide overnight delivery service (with charges
      prepaid) and (i) if to Prudential, addressed as specified for such
      communications in the Purchaser Schedule attached hereto or at such other
      address as Prudential shall have specified to the Holding Company in
      writing, (ii) if to any other holder of any Note, addressed to it at such
      address as it shall have specified in writing to the Holding Company or,
      if any such holder shall not have so specified an address, then addressed
      to such holder in care of the last holder of such Note which shall have so
      specified an address to the Holding Company and (iii) if to the Holding
      Company or the Company, addressed to it at 7111 Fairway Drive, Suite 201,
      Palm Beach Gardens, Florida 33418, Attention, Chief Financial Officer,
      provided, however, that any such communication to the Holding Company or
      the Company may also, at the option of the Person sending such
      communication, be delivered by any other means either to the Holding
      Company or the Company at its address specified above or to any Authorized
      Officer of the Holding Company or the Company."

10.   AMENDMENTS TO SCHEDULES.

      (a) Schedule A to the Existing Note Agreement shall be and hereby is
amended and restated in its entirety as set forth in Schedule A attached hereto.

      (b) Schedule 3.7(b) and Schedule 3.8 of the First Amended Note Agreement
was amended and restated by Amendment No. 2 to read as set forth in Schedule
3.7(b) and Schedule 3.8, respectively, attached hereto.

      (c) Schedules 6.2(b), 6.2(e), 6.3, 6.5(b), and 6.8 of the Existing Note
Agreement shall be and are hereby amended and restated in their entireties as
set forth on Schedules 6.2(b), 6.2(e), 6.3, 6.5(b), and 6.8, respectively,
attached hereto.

      (d) Schedule 5.15 and Schedule 6.10 of the Existing Note Agreement shall
be and are hereby deleted.

                                  Exhibit A-14

<PAGE>

                                                                       EXHIBIT B

                             AMENDMENT FEE SCHEDULE

<TABLE>
<CAPTION>
                NOTEHOLDER                                                AMENDMENT FEE
                ----------                                                -------------
<S>                                                          <C>
The Prudential Insurance Company of America                  $15,146 (Prudential Collateral Account)
                (Note R-1)
                                                             $ 4,540 (Prudential Managed Portfolio)

The Prudential Insurance Company of America                  $ 5,545
                (Note R-2)

The Prudential Insurance Company of America                  $ 2,383
          (1996 Note - Series B)

The Prudential Insurance Company of America                  $14,296
          (1996 Note - Series C)

       Pruco Life Insurance Company                          $ 1,975

          RGA Reinsurance Company                            $ 4,332

         Baystate Investments, LLC                           $ 6,541

  United of Omaha Life Insurance Company                     $ 5,242
                                                             -------
                                                      TOTAL: $60,000
</TABLE>

<PAGE>

                                   SCHEDULE A

                               PURCHASER SCHEDULE

<TABLE>
<CAPTION>
          PURCHASER NAME                             THE PRUDENTIAL INSURANCE COMPANY OF AMERICA
          --------------                             -------------------------------------------
<S>                                         <C>
Name in Which Note is Registered            THE PRUDENTIAL INSURANCE COMPANY OF AMERICA

Note Registration Number;
 Principal Amount                           Series A: $19,500,000
                                            Series B: $11,000,000
                                            Series C: $16,500,000

Payment on Account of Note

         Method
         Account Information                JP Morgan Chase Bank
                                            New York, New York
                                            ABA #  021-000-021
                                            Acct #  P86188 (please do not include spaces)
                                            Prudential Managed Portfolio
                                            Ref: See "Accompanying Information" below

Accompanying Information                    Name of Issuer:           TBC CORPORATION
                                            Description of Security:  Series A Senior Notes due
                                                                      July 10, 2003
                                            PPN: 872180 B* 4

                                            Description of Security:  Series B Senior Notes due
                                                                      July 10, 2005

                                            PPN: 872180 B@ 2

                                            Description of Security:  Series C Senior Notes due
                                                                      July 10, 2008

                                            PPN: 872180 B# 0

                                            Due Date and Application (as among principal, interest and
                                            Yield-Maintenance Amount) of the payment being made:
</TABLE>

                              Purchaser Schedule-1

<PAGE>

<TABLE>
<CAPTION>
          PURCHASER NAME                    THE PRUDENTIAL INSURANCE COMPANY OF AMERICA
          --------------                    -------------------------------------------
<S>                                         <C>
Address for Notices Related to Payments     The Prudential Insurance Company of America
                                            c/o Investment Operations Group
                                            Gateway Center Two, 10th Floor
                                            100 Mulberry Street
                                            Newark, NJ  07102-4077
                                            Attn: Manager, Billings and Collections
                                            Fax: 973-802-8764

                                            For Prepayment Notices:
                                            Manager, Trade Management Group
                                            Tel: 973-802-8107
                                            Fax: 973-802-9425

Address for All other Notices (including    The Prudential Insurance Company of America
copies of all Notices related to Payments)  c/o Prudential Capital Group
                                            1170 Peachtree Street, Suite 500
                                            Atlanta, GA  30309
                                            Attn: Managing Director
                                            Tel: 404-870-3750
                                            Fax: 404-870-2041

Signature Block Format                      THE PRUDENTIAL INSURANCE COMPANY OF AMERICA

                                            By: _____________________________
                                            Name:
                                            Title:

Instructions re Delivery of Notes           The Prudential Insurance Company of America
                                            1170 Peachtree Street, Suite 500
                                            Atlanta, GA  30309
                                            Attn:  Michael Fierro, Esq.

Tax Identification Number                   22-1211670
</TABLE>

                              Purchaser Schedule-2

<PAGE>

                                 Schedule 3.7(b)

                           CERTAIN OWNED REAL PROPERTY

Offices and warehouse located at 4770 Hickory Hill Road, Memphis, Tennessee.

<PAGE>

                                  Schedule 3.8

                CERTAIN TRADEMARKS, TRADE NAMES AND SERVICE MARKS

                                TBC BRANDS, LLC

Trademark Report by Mark                                                Printed:
11/18/2004                                                                Page 1
Country: US

<TABLE>
<CAPTION>
COUNTRY
STATUS                                         FILED       APPL#             REGDT        REG#
<S>                                          <C>         <C>               <C>          <C>
AIRFLOW

UNITED STATES                                 3/18/2004  76/581,898
PENDING

ARCTIC CLAW WINTER TXI

UNITED STATES                                 9/30/2004  76/613,843
PENDING

ARCTIC CLAW WINTER XSI

UNITED STATES                                 9/30/2004  76/613,840
PENDING

CORDOVAN TOUR PLUS

UNITED STATES                                11/12/2003  76/559,458
PENDING

CORDOVAN WILD TRAC RADIAL X/RS

UNITED STATES                                12/17/2003  76/565,633
PENDING

GAUNTLET

UNITED STATES                                 3/26/2004  76/582,982
PENDING

GRAND SPIRIT TOURING LS

UNITED STATES                                 12/4/2002  76/472,572        6/15/2004    2,854,718
REGISTERED

NAVITRAC

UNITED STATES                                  5/5/2004  76/590,533
PENDING

OTOS

UNITED STATES                                 5/13/2004  76/591,948
PENDING

POWER KING LOADER GRADER PLUS

UNITED STATES                                 3/18/2004  76/581,850
PENDING

TBC PRIVATE BRANDS

UNITED STATES                                 8/12/2004  76/606,744
PENDING
</TABLE>

<PAGE>

<TABLE>
<S>                                          <C>         <C>               <C>          <C>
TBC PRIVATE BRANDS & DESIGN

UNITED STATES                                12/12/2002  76/369,492        2/3/2004     2,811,332
REGISTERED

TOUR PLUS

UNITED STATES                                11/12/2003  76/559,494
PENDING

TRACMASTER  WINTER XSI

UNITED STATES                                 9/30/2004  76/613,844
PENDING

TRACMASTER WINTER TXI

UNITED STATES                                 9/30/2004  76/613,838
PENDING
</TABLE>

<PAGE>

Trademark Report by Mark                                                Printed:
11/18/2004                                                                Page 2
Country: US

<TABLE>
<CAPTION>
COUNTRY
STATUS                                        FILED          APPL#            REGDT       REG#
<S>                                          <C>           <C>                <C>         <C>
VANDERBILT TURBO TECH RADIAL A/SR

UNITED STATES                                12/17/2003    76/565,634
PENDING                     012

WILD COUNTRY TXR

UNITED STATES                                  4/8/2004    76/585,613
PENDING                     012

WILD COUNTRY XRT

UNITED STATES                                  4/8/2004    76/585,624
PENDING                     N/A

WILD COUNTRY XTX

UNITED STATES                                  4/8/2004    76/585,612
PENDING                     012
</TABLE>

                                BIG O TIRES, INC.

Trademark Report by Mark                                                Printed:
11/18/2004
Country: US

<TABLE>
<CAPTION>
COUNTRY                                         FILED      APPL#             REGDT       REG#
STATUS
<S>                                          <C>         <C>               <C>         <C>
AGGRESSOR

UNITED STATES                                11/10/2003  76/558,468
PENDING

BIG FOOT

UNITED STATES                                 2/17/2004  76/576,412
PENDING

BIG O TIRES LUBE CENTER

UNITED STATES                                 5/19/2004  76/592,994
PENDING

BIGFOOT COUNTRY & DESIGN

UNITED STATES                                  8/3/2004  76/605,325
PENDING

EURO TOUR

UNITED STATES                                 11/8/2002  76/468,502        1/13/2004   2,804,363
REGISTERED

FUGITIVE

UNITED STATES                                11/10/2003  76/558,462
</TABLE>

<PAGE>

<TABLE>
<S>                                          <C>         <C>               <C>         <C>
PENDING

LEGACY TOUR PLUS

UNITED STATES                                11/12/2003  76/559,495
PENDING

MAMMOTH

UNITED STATES                                11/10/2003  76/558,466
PENDING

NTW

UNITED STATES                                 9/20/2004  76/612,095
PENDING

SXP SUPER SPORT

UNITED STATES                                 10/8/2004  76/615,918
PENDING

VENGEANCE

UNITED STATES                                  5/5/2004  76/590,532
PENDING

VENGEANCE RADIAL SPORT

UNITED STATES                                11/10/2003  76/558,465
PENDING

VENGEANCE SPORT SLX

UNITED STATES                                11/10/2003  76/558,467
PENDING
</TABLE>

<PAGE>

                                                                 SCHEDULE 6.2(b)

                              EXISTING INDEBTEDNESS

Indebtedness and Guarantees under or relating to the 2003 Notes.

Those Guarantees listed on Schedule 6.2(e).

TBC Corporation and/or TBC Private Brands, Inc. has guaranteed a $1,500,000 line
of credit made available to TBC de Mexico and TBC International Inc. by First
Tennessee Bank National Association.

The obligations of TBC Corporation, TBC Private Brands, Inc. Big O Retail
Enterprises, Inc., Tire Kingdom, Inc., Big O Tires, Inc., Carroll's, Inc.,
Merchant's, Incorporated, and NTW Incorporated, to Michelin North America, Inc.
and its affiliates are subject to various cross-guarantees given by TBC
Corporation and certain of its Subsidiaries.

TBC Corporation and/or TBC Private Brands, Inc. has guaranteed all obligations
of Tire Kingdom, Inc. to Continental General Tire, Inc.

Various Capital Leases relating to 19 retail tire stores operated by NTW
Incorporated (at 5/31/05, aggregate ending principal was $7,648,319 and
aggregate net book value was $5,053,040).

Various Capital Leases relating to eight tire stores operated by Merchant's,
Incorporated (at 5/31/05, aggregate ending principal was $3,791,796 and
aggregate net book value was $3,470,576).

Capital Leases related to four trucks in use by TBC Private Brands of Texas, LLC
(capital lease obligation of $70,686 at 5/31/05).

Capital Lease(s) relating to certain computer equipment and related software
used by Tire Kingdom, Inc. (capital lease obligation of $30,818 at 5/31/05).

Long term liability of $6,389,905 (at 5/31/05) relating to eight sale and
leaseback transactions of Big O Tires, Inc. and its subsidiaries that failed to
meet GAAP's sale and leaseback definitions.

The November 2003 sale and leaseback transaction relating to 86 retail stores
operated by NTW Incorporated (net proceeds totaling approximately $132,000,000).

The September 2003 sale and leaseback transaction relating to 13 retail stores
operated by Merchant's, Incorporated (net proceeds totaling approximately
$9,840,000).

<PAGE>

                                                                 SCHEDULE 6.2(e)

           GUARANTEE OBLIGATIONS OF BIG O TIRES, INC. AND SUBSIDIARIES

                                              Big O Guarantee Portion at 3/31/05

<TABLE>
<S>                                                               <C>
GE Capital
         Intermountain Realty - Sioux Falls                       $   313,174.62

GE Capital
         Las Vegas (Steve Smith)                                      290,000.00
         Las Vegas                                                    318,933.45
         Boulder, CO                                                   37,304.35
         Fresno Winston Location                                       45,517.50
         Gilroy Winston Location                                       58,095.04
         Smith & Wilson                                             1,093,947.53

OKC, LLC JV                                                            50,000.00

Real Estate Lease Guarantees                                          663,664.04
                                                                  --------------

Total Guarantees                                                  $ 2,870,636.53
</TABLE>

<PAGE>

                                                                    SCHEDULE 6.3

                                 EXISTING LIENS

      Liens arising under the existing Guarantee and Collateral Agreement.

      Numerous UCC financing statements evidencing operating lease transactions
        in which TBC Corporation and its Subsidiaries are lessees have been
        filed and are still in effect.

      Mortgage on the Memphis, Tennessee real property recorded pursuant to
        the Existing Credit Agreement.

UCC Filings and Mortgages Against Big O Tires, Inc. and Its Subsidiaries:

      First National Bank of Dieterich.

      Filing in connection with equipment financing by Big O Tire of Idaho, inc.

UCC Filings Against Tire Kingdom, Inc.:

      Michelin North America, Inc. and related entities.
      Purchase money security interest filing against all inventory purchased
      from secured party by Tire Kingdom and all proceeds therefrom.

<PAGE>

                                                                 SCHEDULE 6.5(b)

                     CERTAIN EXISTING INVESTMENTS AND LOANS

-     See Exhibit A for a listing of all existing Subsidiaries.

-     TBC Private Brands, Inc. owns 20,000 shares of Series A Preferred Stock,
      $.01 par value, of Quirk Automotive, Corp. and 14.4 shares of Common
      Stock, $100 par value, of V.I.P., Inc. (total investment - $5,000,000).

-     TBC International Inc. owns approximately 49% of the ownership interests
      in TBC de Mexico, S.A. de C.V., a Mexican company.

-     Big O Retail Enterprises, Inc. is a 50% shareholder in Tires Industries
      Corporation, a Utah corporation.

-     Big O Tires, Inc. holds a 50% interest in each of the following joint
      ventures:

        BORE/MPC, LLC (a Missouri LLC)
        OKC, LLC (a Colorado LLC)
        Intermountain Development Joint Venture (a Colorado general partnership)
        One Stop Undercar Denver, LLC (a Colorado LLC)

-     TBC Private Brands, Inc. owns 20 Preferred Shares of World Tire
      Corporation (total investment of $750,000).

<PAGE>

                                                                    EXHIBIT A TO
                                                                 SCHEDULE 6.5(b)

           OBLIGORS AND SUBSIDIARIES AND JURISDICTIONS OF ORGANIZATION

The Holding Company: TBC Corporation, a Delaware corporation formerly known as
TBC Holding Corp.

The Company: TBC Private Brands, Inc., a Delaware corporation formerly known as
TBC Corporation. 100% of the Company's capital stock is owned by the Holding
Company.

Subsidiaries Directly Owned by the Company:

<TABLE>
<CAPTION>
                                           Jurisdiction of       Percentage of Stock/ Equity
               Name                          Organization               Owned by TBC                Subsidiaries
               ----                        ---------------       ---------------------------        ------------
<S>                                        <C>                   <C>                                <C>
Big O Tires, Inc.                               Nevada                       100%                    See Below
Carroll's, Inc.                                Georgia                       100%                       None
Northern States Tire, Inc.                     Delaware                      100%                       None
TBC International Inc.                         Delaware                      100%                       None
TBC Retail Enterprises, Inc.                   Delaware                      100%                    See Below
TBC Brands, LLC                                Delaware                      100%                       None
TBC Capital, LLC                               Delaware                       90%*                      None
TBC Private Brands of Texas, LLC               Delaware                      100%                       None
</TABLE>

      *5% is owned by each of Carroll's, Inc. and Tire Kingdom, Inc.

Subsidiaries Directly Owned by Big O Tires, Inc.:

<TABLE>
<CAPTION>
                                           Jurisdiction of      Percentage of Stock Owned by
          Name                              Incorporation                   Big O                   Subsidiaries
          ----                             ---------------      ----------------------------        ------------
<S>                                        <C>                  <C>                                 <C>
Big O Development, Inc.                        Colorado                     100%                       None
O Advertising, Inc.                            Colorado                     100%                       None
Big O Tire of Idaho, Inc.                       Idaho                       100%                       None
</TABLE>

Subsidiaries Directly Owned by TBC Retail Enterprises, Inc.:

<PAGE>

<TABLE>
<CAPTION>
                                           Jurisdiction of      Percentage of Stock Owned by
             Name                           Incorporation                   Big O                   Subsidiaries
             ----                          ---------------      ----------------------------        ------------
<S>                                        <C>                  <C>                                 <C>
Big O Retail Enterprises, Inc.                 Colorado                     100%                       None
Tire Kingdom, Inc.                             Florida                      100%                     See Below
</TABLE>

Subsidiaries Directly Owned By Tire Kingdom, Inc.:

<TABLE>
<CAPTION>
                                           Jurisdiction of      Percentage of Stock Owned by
           Name                             Incorporation                   Big O                   Subsidiaries
           ----                            ---------------      ----------------------------        ------------
<S>                                        <C>                  <C>                                 <C>
Merchant's, Incorporated                       Delaware                     100%                       None
NTW Incorporated                               Delaware                     100%                       None
</TABLE>

<PAGE>

                                                                    SCHEDULE 6.8

                              EXISTING RESTRICTIONS

The documents evidencing the Existing Credit Agreement contain, and the
documents evidencing the Credit Agreement will contain, restrictions and
conditions of the type described in Section 6.8.

The sale and leaseback transactions listed on Schedule 6.2(b) contain
restrictions and conditions of the type described in Section 6.8.<PAGE>

================================================================================

                                                                     EXHIBIT 4.3

                                 TBC CORPORATION
                            TBC PRIVATE BRANDS, INC.

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

                   AMENDMENT NO. 3 TO NOTE PURCHASE AGREEMENT

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

                            DATED AS OF JUNE 17, 2005

         SERIES D VARIABLE RATE SENIOR SECURED NOTES DUE APRIL 16, 2009

         GUARANTEED BY CERTAIN SUBSIDIARIES OF TBC PRIVATE BRANDS, INC.

================================================================================

<PAGE>

                                 TBC CORPORATION
                            TBC PRIVATE BRANDS, INC.

         SERIES D VARIABLE RATE SENIOR SECURED NOTES DUE APRIL 16, 2009
         GUARANTEED BY CERTAIN SUBSIDIARIES OF TBC PRIVATE BRANDS, INC.

                   AMENDMENT NO. 3 TO NOTE PURCHASE AGREEMENT

                                                             As of June 17, 2005

The Noteholders Named on
the Signature Page hereto

Ladies and Gentlemen:

      TBC PRIVATE BRANDS, INC., a Delaware corporation (formerly known as TBC
Corporation) (together with its permitted successors and assigns, the "COMPANY")
and TBC CORPORATION, a Delaware corporation (formerly known as TBC Parent
Holding Corp.) (together with its permitted successors and assigns, the "HOLDING
Company", and together with the Company, the "OBLIGORS"), hereby agree with you
as follows:

1.    BACKGROUND.

      The Obligors and the Noteholders are party to a Note Purchase Agreement
(the "ORIGINAL NOTE PURCHASE AGREEMENT" and as amended by that certain Amendment
No. 1 to Note Purchase Agreement dated as of November 29, 2003 ("AMENDMENT NO.
1", and as so amended, Original Note Purchase Agreement is referred to herein as
the "FIRST AMENDED NOTE PURCHASE AGREEMENT") and that certain Amendment No. 2 to
Note Purchase Agreement dated as of November 19, 2004 ("AMENDMENT NO. 2") and as
in effect immediately prior to the effectiveness of this Agreement, the
"EXISTING NOTE PURCHASE AGREEMENT" and, as amended hereby and as may be further
amended, restated or otherwise modified from time to time, the "NOTE PURCHASE
AGREEMENT"), dated as of April 1, 2003, pursuant to which the Company originally
issued $50,000,000 in aggregate principal amount of its Series D Variable Rate
Senior Secured Notes due April 16, 2009 (the "NOTES"). Pursuant to Amendment No.
2 and the corporate restructuring contemplated thereby, the Holding Company
became jointly and severally liable with the Company in respect of the Notes.
The aggregate principal amount of the Notes outstanding on the date hereof is
$50,000,000, all of which Notes are held by the Noteholders. The obligations of
the Obligors under the Note Purchase Agreement and the Notes are secured by: (a)
a lien on certain assets of (and are guaranteed by) certain Subsidiaries of the
Company (the "SUBSIDIARY GUARANTORS") pursuant to that certain Guarantee and
Collateral Agreement, dated as of March 31, 2003 (as amended from time to time,
the "EXISTING GUARANTEE AND COLLATERAL AGREEMENT"), and (b) a lien on certain
real property owned by the Company, pursuant to that certain Deed of Trust,
Assignment of Leases and Security Agreement, dated as of March 31, 2003 (as
amended from time to time, the "EXISTING COMPANY MORTGAGE"), in favor of JP
Morgan Chase Bank, N.A., as collateral agent for the Noteholders and the lenders
party to that certain Amended and Restated Credit Agreement, dated as of
November 19, 2004 (the "EXISTING CREDIT AGREEMENT"), to which the Obligors are
parties. The

<PAGE>

Obligors intend to refinance (the "REFINANCING"), terminate and replace the
senior credit facility provided under the Existing Credit Agreement with a new
credit facility pursuant to the terms of a certain Credit Agreement, dated as of
the date hereof, among the Obligors, as co-obligors, First Tennessee Bank,
National Association, as Administrative Agent, JP Morgan Chase Bank, N.A., as
Co-Administrative Agent, and the other lenders (collectively, the "LENDERS")
party thereto (the "CREDIT AGREEMENT"). The Obligors have requested that the
Noteholders agree to amend the Existing Note Purchase Agreement to, among other
things, permit the Refinancing. The Noteholders have, subject to the
satisfaction of the conditions set forth in Section 5 of this Agreement,
consented to such request. The mutual agreement of the parties as to such
matters is set forth in this Agreement.

2.    DEFINED TERMS.

      Capitalized terms used herein and not otherwise defined herein have the
meanings ascribed to them in the Note Purchase Agreement. Other defined terms
used herein shall have the meanings set forth below:

      "AGREEMENT, THIS" means this Amendment No. 3 to Note Purchase Agreement.

      "AMENDMENT DOCUMENTS" means, this Agreement, the Company Mortgage, the
Guarantee and Collateral Agreement and the Intercreditor Acknowledgement.

      "AMENDMENT NO. 1" is defined in Section 1.

      "AMENDMENT NO. 2" is defined in Section 1.

      "AMENDMENTS" is defined in Section 4.1.

      "COLLATERAL" is defined in Section 3.8.

      "COMPANY" is defined in the introductory paragraph.

      "COMPANY MORTGAGE" means that certain Amended and Restated Deed of Trust,
Assignment of Leases and Security Agreement, dated as of the date hereof, with
respect to the real property owned by the Company located at 4770 Hickory Hill
Road, Memphis, Tennessee, in favor of the Collateral Agent for the benefit of
the Noteholders and the Lenders.

      "CREDIT AGREEMENT" is defined in Section 1.

      "EFFECTIVE DATE" is defined in Section 5.

      "EXISTING COMPANY MORTGAGE" is defined in Section 1.

      "EXISTING CREDIT AGREEMENT" is defined in Section 1.

      "EXISTING GUARANTEE AND COLLATERAL AGREEMENT" is defined in Section 1.

      "EXISTING NOTE PURCHASE AGREEMENT" is defined in Section 1.

                                       2

<PAGE>

      "FINANCING DOCUMENTS" means this Agreement, the Note Purchase Agreement,
the Notes, the Guarantee and Collateral Agreement and the Company Mortgage.

      "FIRST AMENDED NOTE PURCHASE AGREEMENT" is defined in Section 1.

      "GUARANTEE AND COLLATERAL AGREEMENT" means the Guarantee and Collateral
Agreement, dated as of the date hereof, among the Obligors, the Subsidiary
Guarantors, the Collateral Agent and the Noteholders.

      "HOLDING COMPANY" is defined in the introductory paragraph.

      "INTERCREDITOR ACKNOWLEDGEMENT" means that certain Acknowledgement and
Agreement executed by the Obligors attached to the Intercreditor Agreement.

      "INTERCREDITOR AGREEMENT" means the Intercreditor Agreement, dated as of
the date hereof, among the Lenders and the Noteholders, and acknowledged and
agreed to by the Obligors.

      "LENDERS" is defined in Section 1.

      "1996 NOTEHOLDERS" is defined in Section 7.

      "NOTEHOLDERS" means, and is a collective reference to, each holder of a
Note on the date hereof.

      "NOTE PURCHASE AGREEMENT" is defined in Section 1.

      "NOTES" is defined in Section 1.

      "OBLIGORS" is defined in the introductory paragraph.

      "ORIGINAL NOTE PURCHASE AGREEMENT" is defined in Section 1.

      "PLEDGED STOCK" has the meaning assigned to it in the Guarantee and
Collateral Agreement.

      "PREVIOUS AMENDMENT AGREEMENTS" is defined in Section 4.3.

      "REFINANCING" is defined in Section 1.

      "REMAINING PREVIOUS AMENDMENTS" is defined in Section 4.3.

      "SOLVENT" means, with respect to any Person, that, as of any date of
determination, (a) the amount of the "present fair saleable value" of the assets
of such Person will, as of such date, exceed the amount of all "liabilities of
such Person, contingent or otherwise", as of such date, as such quoted terms are
determined in accordance with applicable federal and state laws governing
determinations of the insolvency of debtors, (b) the present fair saleable value
of the assets of such Person will, as of such date, be greater than the amount
that will be required to pay the liability of such Person on its debts as such
debts become absolute and matured, (c) such Person

                                       3

<PAGE>

will not have, as of such date, an unreasonably small amount of capital with
which to conduct its business, and (d) such Person will be able to pay its debts
as they mature. For purposes of this definition, (i) "debt" means liability on a
"claim", and (ii) "claim" means any (x) right to payment, whether or not such a
right is reduced to judgment, liquidated, unliquidated, fixed, contingent,
matured, unmatured, disputed, undisputed, legal, equitable, secured or unsecured
or (y) right to an equitable remedy for breach of performance if such breach
gives rise to a right to payment, whether or not such right to an equitable
remedy is reduced to judgment, fixed, contingent, matured or unmatured,
disputed, undisputed, secured or unsecured.

      "SUBSIDIARY GUARANTORS" is defined in Section 1.

3.    REPRESENTATIONS AND WARRANTIES OF THE COMPANIES.

      To induce the Noteholders to enter into this Agreement, the Obligors
represent and warrant that:

      3.1.  ORGANIZATION AND EXISTENCE.

      Each Obligor is duly organized, validly existing and in good standing
under the laws of their respective jurisdictions of organization and has the
entity power and authority to own their respective property and to carry on
their respective business as now being conducted.

      3.2.  AGREEMENTS AUTHORIZED; OBLIGATIONS ENFORCEABLE.

            (a) AGREEMENTS ARE LEGAL AND AUTHORIZED. The execution and delivery
      by each Obligor of each Amendment Document to which it is a party and
      compliance by it with all of the provisions of each Financing Document to
      which it is a party, are within the corporate power and authority of each
      Obligor.

            (b) OBLIGATIONS ARE ENFORCEABLE. Each Obligor has duly authorized
      each Amendment Document to which it is a party by all necessary corporate
      or other action on its part. The Amendment Documents have been executed
      and delivered by one or more duly authorized officers of each Obligor
      party thereto, and each Financing Document constitutes a legal, valid and
      binding obligation of each Obligor party thereto, enforceable in
      accordance with its terms, except that the enforceability thereof may be:

                  (i) limited by applicable bankruptcy, reorganization,
            arrangement, insolvency, moratorium, or other similar laws affecting
            the enforceability of creditors' rights generally; and

                  (ii) subject to the availability of equitable remedies.

      3.3.  NO CONFLICTS.

      Neither the execution and delivery of any Amendment Document by the
Obligors, nor the fulfillment of or compliance with the terms and provisions of
any Financing Document by the Obligors, will conflict with, or result in a
breach of the provisions of, or constitute a default under, or result in the
creation of any Lien upon any of the properties of the Obligors or any

                                       4

<PAGE>

Subsidiary (other than those permitted by Section 6.3 of the Note Purchase
Agreement) pursuant to, the charter, bylaws or other constitutive documents of
such Obligor or such Subsidiary, any award of any arbitrator or any agreement
(including any agreement with stockholders), instrument, order, judgment,
decree, statute, law, rule or regulation to which such Obligor or such
Subsidiary is subject.

      3.4.  GOVERNMENTAL CONSENT.

      Neither the execution and delivery of the Amendment Documents by the
Obligors, nor the performance by the Obligors of their respective obligations
under the Financing Documents, is such as to require any authorization, consent,
approval, exemption or other action by or notice to or filing with any court or
administrative or governmental body (other than routine filings with the
Securities and Exchange Commission and/or state blue sky authorities) on the
part of such Obligor in connection with the execution and delivery of the
Amendment Documents or the fulfillment of or compliance with the terms and
provisions of the Financing Documents.

      3.5.  FULL DISCLOSURE.

      The Amendment Documents and the documents, certificates or other writings
delivered to the Noteholders by or on behalf of the Obligors in connection
therewith, taken as a whole, do not contain any untrue statement of a material
fact or omit to state any material fact necessary to make the statements therein
not misleading in light of the circumstances under which they were made. There
is no fact known to the Obligors, or to the best knowledge of the Obligors, any
Subsidiary, that could reasonably be expected to have a Material Adverse Effect
that has not been set forth herein or in the other documents, certificates and
other writings delivered to the Noteholders by or on behalf of the Obligors
specifically for use in connection with the transactions contemplated by the
Financing Documents.

      3.6.  NO DEFAULTS; NO MATERIAL ADVERSE EFFECT.

      No event has occurred and no condition exists that, upon the execution and
delivery of the Amendment Documents and the effectiveness of the Amendments: (a)
would constitute a Default or an Event of Default, or (b) could reasonably be
expected to result in a Material Adverse Effect.

      3.7.  PROPERTIES.

            (a) Each Obligor and each of its Subsidiaries has good title to, or
      valid leasehold interests in, all its real and personal property material
      to its business, free and clear of all Liens except for the Liens
      permitted by Section 6.3 of the Note Purchase Agreement and minor defects
      in title that do not interfere with its ability to conduct such Obligor's
      or such Subsidiary's business as currently conducted or to utilize such
      properties for its intended purposes.

            (b) As of the Effective Date, the only parcel of real property owned
      by the Obligors or their Subsidiaries having a value (together with
      improvements thereof) of at least $10,000,000 is the property owned by the
      Company and subject to the Company Mortgage.

                                       5

<PAGE>

      3.8.  SECURITY DOCUMENTS.

            (a) The Guarantee and Collateral Agreement is effective to create in
      favor of the Collateral Agent, for the benefit of the Noteholders, a
      legal, valid and enforceable security interest in the collateral described
      therein (the "COLLATERAL") and proceeds thereof. In the case of the
      Pledged Stock, with stock certificates representing such Pledged Stock
      having been previously delivered to the Collateral Agent, and in the case
      of the other Collateral described in the Guarantee and Collateral
      Agreement, with financing statements having been filed in appropriate form
      in the offices of the Secretary of State of each jurisdiction of
      organization of the Obligors and the Subsidiary Guarantors in connection
      with the Original Note Purchase Agreement, Amendment No. 1 and Amendment
      No. 2, the Guarantee and Collateral Agreement will constitute a fully
      perfected Lien on, and security interest in, all right, title and interest
      of the Obligors and each Subsidiary Guarantor in such Collateral and the
      proceeds thereof, as security for the Obligations (as defined in the
      Guarantee and Collateral Agreement) owed to the Noteholders, in each case
      prior and superior in right to any other Person (except, in the case of
      Collateral other than capital stock of Subsidiaries, Liens permitted by
      Section 6.3 of the Note Purchase Agreement), and with priority relating
      back to the original date that perfection was established with respect to
      such Lien on such Collateral.

            (b) Upon execution and delivery thereof, the Company Mortgage will
      be effective to maintain in favor of the Collateral Agent, for the benefit
      of the Noteholders, a legal, valid and enforceable Lien on the property
      described therein and proceeds thereof, and the Company Mortgage will,
      upon the filing thereof in the applicable office in Shelby County,
      Tennessee to the Credit Agreement, constitute a fully perfected Lien on,
      and security interest in, all right, title and interest of the Company in
      the property described in such mortgage and the proceeds thereof, as
      security for the Secured Indebtedness (as defined in the Company Mortgage)
      owed to the Noteholders, in each case prior and superior in right to any
      other Person (except with respect to Liens permitted by Section 6.3 of the
      Note Purchase Agreement), and with priority relating back to the original
      date that perfection was established with respect to such Lien on such
      property.

      3.9.  SOLVENCY.

      The Obligors are, and after giving effect to the incurrence of all
Indebtedness and obligations being incurred in connection herewith and with the
Refinancing will be, and will continue to be, Solvent.

      3.10. FINANCIAL STATEMENTS; NO MATERIAL ADVERSE CHANGE.

            (a) Since December 31, 2004, there has been no material adverse
      change in the business, assets, operations, prospects or condition,
      financial or otherwise, of the Obligors and their Subsidiaries, taken as a
      whole.

            (b) The projected financial statements of the Obligors and their
      Subsidiaries delivered pursuant to Section 5.7 below have been prepared by
      the Obligors on the basis of assumptions which the Obligors reasonably
      believe are fair and reasonable in light of

                                       6

<PAGE>

      the historical performance of the Obligors and their Subsidiaries and
      reasonably foreseeable business conditions and which give effect to the
      transactions contemplated by this Agreement and the Credit Agreement.

4.    AMENDMENTS.

      4.1.  AMENDMENTS IN RESPECT OF THE EXISTING NOTE PURCHASE AGREEMENT.

      The Noteholders and the Company hereby agree that, subject to Section 5
hereof, the Existing Note Purchase Agreement is hereby amended in the manner
specified in Exhibit A to this Agreement (collectively, the "AMENDMENTS").

      4.2.  COMPOSITE AMENDMENT.

      For the administrative convenience of the parties hereto, the Amendments
are a composite of new amendments effective as of the Effective Date and
amendments provided for in Amendment No. 1 and Amendment No. 2 (the "PREVIOUS
AMENDMENT AGREEMENTS") that have not been superseded by this Agreement (the
"REMAINING PREVIOUS AMENDMENTS"). For the avoidance of doubt, (i) the Remaining
Previous Amendments (as reflected in the Amendments) shall be, and shall be
deemed to be, effective as of their original effective dates set forth in the
applicable Previous Amendment Agreement and such effectiveness shall continue on
and after the Effective Date and (ii) all other amendments effected by the
Previous Amendment Agreements shall have been in effect for the period from and
including the relevant effective date under the Previous Amendment Agreements
to, but not including, the Effective Date.

      4.3.  RATIFICATION OF OBLIGATIONS OF HOLDING COMPANY.

      The Holding Company hereby ratifies and confirms all of its obligations
under Section 4.2 of Amendment No. 2 (Joinder of Holding Company), and
acknowledges and agrees that (a) pursuant thereto (and effective on the
effective date of Amendment No. 2), it became, and is, jointly and severally
liable with the Company in respect of all the Company's obligations in respect
of the Note Purchase Agreement and the Notes. Upon the effectiveness of this
Agreement, (b) all covenants, restrictions and prohibitions applicable to the
Company contained in the Note Purchase Agreement apply to the Holding Company
and (c) all definitions contained in the Note Purchase Agreement that are
calculated or defined on a consolidated basis shall include the Holding Company
in such calculation or definition.

      4.4.  EFFECT ON PREVIOUS AMENDMENT AGREEMENTS.

      Effective on the Effective Date, the Previous Amendment Agreements (with
the exception of the first paragraph of Section 4.2 of Amendment No. 2) shall be
deemed to be merged into this Agreement and, subject to the last sentence of
Section 4.2, shall cease to have independent existence.

5.    CONDITIONS TO EFFECTIVENESS.

      The Amendments shall become effective only upon the date of the
satisfaction in full of the following conditions precedent (the "EFFECTIVE
DATE"):

                                       7

<PAGE>

      5.1.  EXECUTION AND DELIVERY OF THIS AGREEMENT.

      The Obligors and the Noteholders shall have executed and delivered a
counterpart of this Agreement.

      5.2.  REPRESENTATIONS AND WARRANTIES TRUE.

      The representations and warranties set forth in paragraph 3 shall be true
and correct on such date in all material respects.

      5.3.  AUTHORIZATION.

      The Obligors and each of their Subsidiaries shall have authorized, by all
necessary action, the execution, delivery and performance of all documents,
agreements and certificates in connection with this Agreement, and the
satisfaction of all closing conditions set forth in this Section 5, applicable
to the Obligors or such Subsidiaries.

      5.4.  OTHER TRANSACTION DOCUMENTS.

      The Credit Agreement, the Guarantee and Collateral Agreement and the
Intercreditor Agreement shall each have been executed and delivered by all
parties thereto, and the Noteholders shall have received a true, correct and
complete copy of each such agreement in form and substance satisfactory to them.
The Company shall have agreed to execute and deliver the Company Mortgage to the
Collateral Agent for the benefit of the Lenders and the Noteholders within 10
Business Days of the date hereof.

      5.5.  OBLIGORS' SECRETARY CERTIFICATES.

      The Noteholders shall have received a certificate of the Secretary of each
Obligor, (a) certifying that the certificate or articles of incorporation and
the bylaws of such Obligor delivered in connection with Amendment No. 2 are in
full force and effect, not having been amended, supplemented, replaced or
otherwise modified in any way, (b) attaching, and certifying as true, correct
and complete, copies of the resolutions of such Obligor authorizing the
execution, delivery and performance of this Agreement and the other Financing
Documents to be executed in connection herewith, (c) attaching an incumbency
certificate and certification of specimen signatures of its officers executing
documents, and (d) certifying as to the satisfaction of all closing conditions
set forth in this Section 5 applicable to such Obligor.

      5.6.  SUBSIDIARIES' SECRETARY CERTIFICATES.

      Each Subsidiary Guarantor shall have executed and delivered to each
Noteholder a certificate of its Secretary or Assistant Secretary, certifying as
true, correct and complete and attaching:

            (a) copies of the resolutions authorizing the execution, delivery
      and performance of the Guarantee and Collateral Agreement, and the
      satisfaction of all closing conditions set forth in this Section 5
      applicable to it;

                                       8

<PAGE>

            (b) its certificate or articles of incorporation, limited liability
      company or limited partnership agreement or other constitutive document
      and all amendments thereto;

            (c) its bylaws; and

            (d) an incumbency certificate and specimen signatures of its
      officers executing documents.

      5.7.  PROJECTED FINANCIAL STATEMENTS.

      Each Noteholder shall have received (i) quarterly and annual projected
financial statements in respect of the Holding Company and its Subsidiaries, on
a consolidated basis, though the end of fiscal year 2010, and (ii) pro forma
calculations of projected compliance with Sections 6.1(a), 6.1(b) and 6.1(c) of
the Note Purchase Agreement for each Fiscal Quarter of 2005.

      5.8.  OPINIONS OF COUNSEL.

      The Noteholders shall have received opinions (addressed to the Noteholders
and dated the Effective Date) from (a) Thompson Hine LLP, counsel to the
Obligors and (b) Bingham McCutchen LLP, special counsel to the Noteholders, each
in form and substance satisfactory to the Noteholders.

      5.9.  AMENDMENT FEE.

      The Company shall have paid the amendment fee in accordance with Section 7
below.

      5.10. SPECIAL COUNSEL FEES.

      The Company shall have paid the reasonable fees and disbursements of
Noteholders' special counsel in accordance with Section 6 below. 5.11.
PROCEEDINGS SATISFACTORY.

      All proceedings taken in connection with this Agreement and all documents
and papers relating thereto shall be satisfactory to the Noteholders and their
special counsel, and the Noteholders and their special counsel shall have
received copies of such documents and papers as they or their special counsel
may reasonably request in connection herewith.

6.    EXPENSES.

      Whether or not the Amendments become effective, the Obligors will pay all
reasonable fees, expenses and costs relating to this Agreement, including, but
not limited to, (a) the reasonable cost of reproducing this Agreement and the
other documents delivered in connection herewith and (b) the reasonable fees and
disbursements of the Noteholders' special counsel, Bingham McCutchen LLP,
incurred in connection with the preparation, negotiation and delivery

                                       9

<PAGE>

of this Agreement. Nothing in this Section 6 shall limit the Obligors'
obligations under Section 11.2 of the Note Purchase Agreement.

7.    AMENDMENT FEE.

      In consideration of the consent of the Noteholders to the Amendments, the
Obligors shall pay an amendment fee to the Noteholders and the holders of the
1996 Notes (the "1996 NOTEHOLDERS") on the Effective Date in an aggregate amount
equal to $60,000. Such fee shall be paid to the Noteholders and the 1996
Noteholders ratably in accordance with the respective principal amounts of Notes
and 1996 Notes held by them in accordance with the Amendment Fee Schedule set
forth as Exhibit B hereto, and in the manner and to the accounts specified in
the Note Purchase Agreement and the note purchase agreement pursuant to which
the 1996 Notes were issued (as each amended on the date hereof, including the
amendments to the Purchaser Schedule attached hereto as Schedule A), for
payments of principal and interest on the Notes and the 1996 Notes (as
applicable).

8.    MISCELLANEOUS.

      8.1.  PART OF NOTE PURCHASE AGREEMENT, RATIFICATION AND CONFIRMATION.

      This Agreement shall be construed in connection with and as a part of the
Existing Note Purchase Agreement and, except as expressly amended by this
Agreement, (a) no terms or provisions of the Existing Note Purchase Agreement or
any other agreement are modified or changed by this Agreement, (b) the terms of
this Agreement shall not operate as an amendment, waiver or other modification
by the Noteholders of, or otherwise prejudice the Noteholders' rights, remedies
or powers under, the Note Purchase Agreement or under any applicable law, and
all of such rights, remedies and powers are hereby expressly reserved, and (c)
the obligations of the Obligors under the Existing Note Purchase Agreement and
the Notes are hereby ratified and confirmed. Any and all notices, requests,
certificates and other instruments executed and delivered after the execution
and delivery of this Agreement may refer to the Existing Note Purchase Agreement
and the Notes without making specific reference to this Agreement, but
nevertheless all such references shall include this Agreement unless the context
otherwise requires.

      8.2.  COUNTERPARTS; EFFECTIVENESS.

      This Agreement may be executed in any number of counterparts, each of
which shall be an original but all of which together shall constitute one
instrument. Delivery of an executed signature page by facsimile transmission
shall be effective as delivery of a manually signed counterpart of this
Agreement.

      8.3.  SUCCESSORS AND ASSIGNS.

      All covenants and other agreements in this Agreement contained by or on
behalf of any of the parties hereto shall bind and inure to the benefit of the
respective successors and assigns of the parties hereto (including, without
limitation, any transferee) whether so expressed or not.

                                       10

<PAGE>

      8.4.  GOVERNING LAW.

      THIS AGREEMENT SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, AND THE
RIGHTS OF THE PARTIES SHALL BE GOVERNED BY, THE INTERNAL LAWS OF THE STATE OF
NEW YORK EXCLUDING CHOICE-OF-LAW PRINCIPLES OF THE LAW OF SUCH STATE THAT WOULD
REQUIRE THE APPLICATION OF THE LAWS OF A JURISDICTION OTHER THAN SUCH STATE.

      8.5.  POST-CLOSING COLLATERAL DOCUMENTS.

      The Obligors will not, and will not permit any Subsidiary to, enter into
any agreements granting security interests or any other collateral documentation
for the benefit of the Lenders in connection with the transactions contemplated
hereby unless such agreements and documentation are also provided for the
ratable benefit of the Noteholders.

   [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK. NEXT PAGE IS SIGNATURE PAGE.]

      If you are in agreement with the foregoing, please so indicate by signing
the agreement below on the accompanying counterpart of this Agreement and
returning it to the Company, whereupon the foregoing shall become a binding
agreement among you and the Obligors.

                                                     Very truly yours,

                                                     TBC CORPORATION

                                                     By /s/
                                                        ------------------------
                                                     Name: Tim J. Miller
                                                     Title: Vice President

                                                     TBC PRIVATE BRANDS, INC.

                                                     By /s/
                                                        ------------------------
                                                     Name: Tim J. Miller
                                                     Title: Vice President

                                       11

<PAGE>

The foregoing Agreement is hereby accepted
as of the date first above written.

THE PRUDENTIAL INSURANCE COMPANY OF AMERICA

By: /s/
    -----------------------------------
Name: Billy B. Greer
Title: Senior Vice President

PRUCO LIFE INSURANCE COMPANY

By: /s/
    -----------------------------------
Name: Billy B. Greer
Title: Senior Vice President

RGA REINSURANCE COMPANY

By: Prudential Private Placement Investors, L.P.
    (as Investment Advisor)

    By: Prudential Private Placement Investors, Inc.
        (as its General Partner)

        By: /s/
            ---------------------------------------
        Name: Billy B. Greer
        Title: Senior Vice President

BAYSTATE INVESTMENTS, LLC

By: Prudential Private Placement Investors, L.P.
    (as Investment Advisor)

    By: Prudential Private Placement Investors, Inc.
        (as its General Partner)

        By: /s/
            ---------------------------------------
        Name: Billy B. Greer
        Title: Senior Vice President

         [Signature Page to Amendment No. 3 to Note Purchase Agreement]

<PAGE>

UNITED OF OMAHA LIFE INSURANCE COMPANY

By: Prudential Private Placement Investors, L.P.
    (as Investment Advisor)

    By: Prudential Private Placement Investors, Inc.
        (as its General Partner)

        By: /s/
            ----------------------------------------
        Name: Billy B. Greer
        Title: Senior Vice President

         [Signature Page to Amendment No. 3 to Note Purchase Agreement]

<PAGE>

                                                                       EXHIBIT A

                 AMENDMENTS TO EXISTING NOTE PURCHASE AGREEMENT

1.    GLOBAL AMENDMENTS.

      The following amendments were made to the First Amended Note Purchase
Agreement by Amendment No. 2:

      All covenants, restrictions and prohibitions applicable to the Company
contained in the First Amended Note Purchase Agreement (including, without
limitation, those obligations, restrictions and prohibitions set forth in
Sections 5 through 7, inclusive, of the First Amended Note Purchase Agreement)
shall apply to the Holding Company such that references contained therein to
"the Company" or "the Company and its Subsidiaries" shall be deemed to have been
replaced by references to "the Holding Company" or "the Holding Company and its
Subsidiaries", as the case may be, and (c) all definitions contained in the Note
Purchase Agreement that are calculated or defined on a consolidated basis shall
include the Holding Company in such calculation or definition. Notwithstanding
the provisions of the preceding sentence, any references to "the Company"
contained in clauses (a), (b), (c), (d), (e), (l) and (o) of Section 7.1 of the
First Amended Note Purchase Agreement are hereby each replaced with references
to "the Company or the Holding Company".

2.    AMENDMENT TO INTRODUCTORY PARAGRAPH.

      The introductory paragraph of the First Amended Note Purchase Agreement
was amended and restated by Amendment No. 2 to read as follows:

      "TBC PRIVATE BRANDS, INC., a Delaware corporation (formerly known as TBC
Corporation) (together with its permitted successors and assigns, the "COMPANY")
and TBC CORPORATION, a Delaware corporation (formerly known as TBC Parent
Holding Corp.) (together with its permitted successors and assigns, the "HOLDING
Company"), hereby agree with you as follows:"

3.    AMENDMENT TO SECTION 3.6.

      Section 3.6 of the Original Note Purchase Agreement was amended by
Amendment No. 1 by deleting the parenthetical expression "(the "INTERCREDITOR
AGREEMENT")" from the fourth line thereof.

4.    AMENDMENT TO SECTION 3.8.

      Section 3.8 of the Original Note Purchase Agreement was amended by
Amendment No. 1 by deleting the parenthetical expression "(the "GUARANTEE AND
COLLATERAL AGREEMENT")" from the fifth and sixth lines thereof.

5.    AMENDMENTS TO AFFIRMATIVE COVENANTS.

                                  Exhibit A-1

<PAGE>

      (a) FINANCIAL STATEMENTS. Section 5.1 of the Existing Note Purchase
Agreement shall be and is hereby amended by deleting the first four lines of the
last paragraph thereof and replacing them with the following:

            "Together with each delivery of financial statements required by
      clauses (a) and (b) above prepared as at, or for any period ending on or
      after, September 30, 2005, the Holding Company will deliver to each holder
      of any Notes an Officer's Certificate demonstrating (with computations in
      reasonable detail) compliance by the Holding Company and its Subsidiaries
      with the provisions of Sections 6.1(a) through (c)"

      (b) NOTICE OF CERTAIN MATERIAL EVENTS. Section 5.2 of the Original Note
Purchase Agreement was amended by Amendment No. 1 by deleting "; and" appearing
at the end of clause (b) thereof, relettering clause (c) as clause (d), and
inserting a new clause (c) to read in its entirety as follows:

            "(c) the occurrence of the events described in the definition of
      "Subsidiary" resulting in TBC de Mexico being considered a Subsidiary for
      all purposes under this Agreement; and".

      (c) ADDITIONAL COLLATERAL. Section 5.8 of the Existing Note Purchase
Agreement shall be and is hereby amended by deleting the reference to
"$10,000,000" therein and replacing it with "$15,000,000".

      (d) CORPORATE EXISTENCE, ETC.; BUSINESS. The first sentence of Section
5.12 of the Original Note Purchase Agreement and the First Amended Note Purchase
Agreement was amended so that, after giving effect to both Amendment No. 1 and
Amendment No. 2, such sentence reads in its entirety as follows:

            "The Holding Company covenants that it will, and will cause each of
      its Subsidiaries to, preserve and keep in full force and effect at all
      times its corporate existence, and the permits, licenses, franchises and
      other rights material to its business, provided that the foregoing shall
      not prohibit any merger, consolidation, conversion, restructuring,
      liquidation, dissolution or other transaction permitted under Section
      6.4."

      (e) INTERCOMPANY LOANS; PAYMENTS. Section 5.15 of the Existing Note
Purchase Agreement shall be and is hereby amended and restated in its entirety
as follows:

            "5.15. INTERCOMPANY LOANS; PAYMENTS. The Holding Company agrees with
      each holder of Notes that (i) except as provided in clause (ii), any
      payments made by a Subsidiary Obligor in reduction of its obligation under
      the Guarantee and Collateral Agreement, shall reduce dollar for dollar its
      total obligation to the Company and the Holding Company for repayment of
      any Intercompany Loans, (ii) it will require that any payments made by a
      Subsidiary Obligor that is a direct Wholly-Owned Subsidiary of another
      Wholly-Owned Subsidiary of the Company or the Holding Company, in
      reduction of its obligation under the Guarantee and Collateral Agreement,
      shall reduce dollar for dollar its total obligation for repayment of any
      Intercompany Loans owed to its sole shareholder, (iii) neither it nor any
      Wholly-Owned Subsidiary will demand, enforce or accept any payments on
      account of any Intercompany Loans owed to the Holding Company or such
      Wholly-Owned Subsidiary by any Subsidiary Obligor other than Northern
      States Tire, Inc. and Big O Development, Inc. at a time when such
      Subsidiary

                                  Exhibit A-2

<PAGE>

      Obligor is insolvent or if such payments could reasonably be expected to
      render such Subsidiary Obligor insolvent, to leave it with unreasonably
      small capital for the business in which it is engaged and in which it
      intends to engage, or to leave it unable to pay its other Indebtedness as
      the same matures."

6.    AMENDMENTS TO NEGATIVE COVENANTS.

      (a) FINANCIAL COVENANTS. Section 6.1 of the Existing Note Purchase
Agreement shall be and is hereby amended and restated in its entirety to read as
follows:

            "6.1. FINANCIAL COVENANTS. The Holding Company will not at any time
      permit:

                  (a) FIXED CHARGE COVERAGE RATIO. The Fixed Charge Coverage
            Ratio as of the last day of any Fiscal Quarter to be less than the
            amount set forth in the table below:

<TABLE>
<CAPTION>
                 FISCAL QUARTER ENDING                                 RATIO
                 ---------------------                                 -----
<S>                                                                 <C>
September 30, 2005, December 31, 2005 and March 31, 2006            1.15 to 1.0

any Fiscal Quarter ending thereafter                                1.20 to 1.0
</TABLE>

            "FIXED CHARGE COVERAGE RATIO" shall mean, as of the last day of any
            Fiscal Quarter, the ratio of (a) (i) EBITDAR for the period of four
            completed Fiscal Quarters ending on the last day of such Fiscal
            Quarter, minus (ii) Capital Expenditures for such period, to (b)
            Fixed Charges for such period.

                  (b) MAXIMUM LEVERAGE RATIO. The Leverage Ratio as of the end
            of any Fiscal Quarter to be greater than the amount set forth in the
            table below:

<TABLE>
<CAPTION>
                 FISCAL QUARTER ENDING                               RATIO
                 ---------------------                               -----
<S>                                                                <C>
September 30, 2005, December 31, 2005 and March 31, 2006           3.00 to 1.0

any Fiscal Quarter ending thereafter                               2.75 to 1.0
</TABLE>

            "LEVERAGE RATIO" at any time means the ratio of Consolidated Funded
            Indebtedness as of the end of the then most recent Fiscal Quarter to
            the aggregate EBITDA for the period of four Fiscal Quarters most
            recently ended, including any adjustments based on Acceptable
            Acquisitions and dispositions as provided in the definition of
            EBITDA.

                  (c) ASSET TEST. The ratio of the sum of consolidated accounts
            receivable and inventories subject to a first priority perfected
            security interest in favor of the Collateral Agent pursuant to the
            Guarantee and Collateral Agreement (and, in any event, exclusive of
            any then outstanding amounts secured by a security interest on
            inventory permitted by Section 6.3(f)) to Consolidated Funded

                                  Exhibit A-3

<PAGE>

            Indebtedness as at the end of any Fiscal Quarter to be less than the
            amount set forth in the table below:

<TABLE>
<CAPTION>
                 FISCAL QUARTER ENDING                                     RATIO
                 ---------------------                                     -----
<S>                                                                     <C>
September 30, 2005, December 31, 2005 and March 31, 2006                1.20 to 1.0

any Fiscal Quarter ending thereafter                                    1.25 to 1.0"
</TABLE>

      (b) LIMITATIONS ON INDEBTEDNESS. Section 6.2 of the Existing Note Purchase
Agreement shall be and is hereby amended and restated in its entirety as
follows:

            "6.2. LIMITATION ON INDEBTEDNESS. The Holding Company will not, nor
      will it permit any of its Subsidiaries to, create, incur, assume or permit
      to exist any Indebtedness, except:

                  (a) (i) Indebtedness created hereunder and Guarantees executed
            pursuant hereto (including, without limitation, the Guarantee and
            Collateral Agreement), and (ii) Indebtedness and Guarantees under
            the Credit Agreement in an aggregate principal amount not exceeding
            $325,000,000; provided, however, that the amount of any increase in
            the aggregate revolving commitments thereunder made in accordance
            with Section 2.02(d) thereof that increases the aggregate
            Indebtedness and Guarantees under the Credit Agreement to an amount
            greater than $325,000,000, but less than or equal to $400,000,000,
            shall be permitted;

                  (b) Indebtedness and Guarantees existing on the Third
            Amendment Effective Date and set forth on Schedule 6.2(b) and
            extensions, renewals and replacements of any such Indebtedness that
            do not increase the outstanding principal amount thereof over the
            amount set forth in respect of such Indebtedness on Schedule 6.2(b);

                  (c) Indebtedness owed to the Holding Company, the Company or
            any Wholly-Owned Subsidiary by any of the Holding Company, the
            Company or any Wholly-Owned Subsidiary, that in each case is
            permitted under Section 6.5(c);

                  (d) [Intentionally Omitted];

                  (e) Guarantee obligations entered into by Big O or its
            Subsidiaries on behalf of its franchisees, other than those
            Guarantee obligations existing on the Third Amendment Effective Date
            and listed on Schedule 6.2(e), provided that the aggregate principal
            amount of such guaranteed obligations arising after the date hereof
            plus the aggregate principal amount of loans permitted under Section
            6.5(i) at no time exceeds $30,000,000;

                  (f) Indebtedness of any Subsidiary which becomes such as a
            result of an Acceptable Acquisition, including such Indebtedness
            that is assumed or becomes the subject of a Guarantee, but not any
            extensions, renewals or

                                  Exhibit A-4

<PAGE>

            replacements thereof; provided, that such Indebtedness is not
            created in contemplation of or in connection with such Acceptable
            Acquisition;

                  (g) Guarantees by the Holding Company or any of its
            Wholly-Owned Subsidiaries of Indebtedness of the Holding Company or
            any of its Wholly-Owned Subsidiaries, provided such Indebtedness is
            otherwise permitted pursuant to this Section 6.2;

                  (h) Guarantee obligations entered into by (x) the Holding
            Company or any of its Wholly-Owned Subsidiaries, of obligations of
            the Holding Company or any of its Wholly-Owned Subsidiaries to
            Persons other than their Affiliates, which obligations are incurred
            by them in the ordinary course of business and do not constitute
            Indebtedness, such as trade accounts payable, customer advances,
            accrued expenses and lease payments that do not constitute
            Indebtedness, and (y) the Holding Company or any of its Wholly-Owned
            Subsidiaries, of obligations of Persons other than the Holding
            Company, its Subsidiaries and any of their Affiliates, provided that
            the aggregate principal amount of the guaranteed obligations under
            clause (y) plus the aggregate amount of the investments permitted
            under Section 6.5(d) at no time exceeds $30,000,000;

                  (i) [Intentionally Omitted].

                  (j) Guarantees and Indebtedness arising in connection with (x)
            sale and leaseback transactions existing on the Third Amendment
            Effective Date and set forth on Schedule 6.2(b) and extensions,
            renewals and replacements of any such sale and leaseback
            transactions that do not increase the outstanding principal amount
            thereof over the amount set forth on such Schedule 6.2(b) and (y)
            sale and leaseback transactions permitted under Section 6.10(d); and

                  (k) other Indebtedness not otherwise permitted by clauses (a)
            through (j) of this Section 6.2 in an aggregate principal amount not
            to exceed $35,000,000 at any time outstanding."

      (c) LIENS. Section 6.3 of the Existing Note Purchase Agreement shall be
and is hereby amended and restated in its entirety as follows:

            "6.3 LIENS. The Holding Company will not, nor will it permit any of
            its Subsidiaries to, create, incur, assume or permit to exist any
            Lien on any property or asset now owned or hereafter acquired by it
            or any of its Subsidiaries, or assign or sell any income or revenues
            (including accounts receivable) or rights in respect of any thereof,
            except:

                  (a) Permitted Encumbrances;

                  (b) any Lien on any property or asset of the Holding Company
            or any Subsidiary existing on the Third Amendment Effective Date and
            set forth on Schedule 6.3; provided that, if such Lien is not
            released within sixty (60) days after the date hereof (i) such Lien
            shall not apply to any other property or asset of the Holding
            Company or any Subsidiary and (ii) such Lien shall secure only those
            obligations which it secures on the date hereof and extensions,
            renewals and

                                  Exhibit A-5

<PAGE>

            replacements thereof that do not increase the outstanding principal
            amount thereof over the amount set forth on Schedule 6.3;

                  (c) any Lien existing on any property or asset prior to the
            acquisition thereof by the Holding Company or any Subsidiary or
            existing on any property or asset of any Person that becomes a
            Subsidiary after the date hereof prior to the time such Person
            becomes a Subsidiary; provided that (i) such Lien is not created in
            contemplation of or in connection with such acquisition or such
            Person becoming a Subsidiary, as the case may be, (ii) such Lien
            shall not apply to any other property or assets of the Holding
            Company or any Subsidiary, (iii) such Lien secures Indebtedness
            permitted by Section 6.2(k) and (iv) such Lien shall secure only
            those obligations which it secures on the date of such acquisition
            or the date such Person becomes a Subsidiary, as the case may be;

                  (d) Liens on fixed or capital assets acquired by the Company
            or any Subsidiary; provided that (i) such Liens secure Indebtedness
            permitted by Section 6.2(k), (ii) such Liens and the Indebtedness
            secured thereby are incurred prior to such acquisition or
            simultaneously therewith, (iii) the Indebtedness secured thereby
            does not exceed 100% of the cost of acquiring such fixed or capital
            assets, (iv) such security interests shall not apply to any other
            property or assets of the Company or any Subsidiary; and (v) the
            aggregate Indebtedness secured by all such Liens does not exceed
            $10,000,000;

                  (e) Liens arising in connection with sale and leaseback
            transactions (i) described in Section 6.2(j)(x) or (ii) other sale
            and leaseback transactions permitted under Section 6.10(d); and

                  (f) a security interest granted by Tire Kingdom to Michelin
            Tire Corporation, as secured party, with respect to all inventory
            previously and hereafter purchased from Michelin Tire Corporation by
            Tire Kingdom and all proceeds thereof."

      (d) FUNDAMENTAL CHANGES. Section 6.4 of the Existing Note Purchase
Agreement shall be and is hereby amended and restated in its entirety as
follows:

            "6.4. FUNDAMENTAL CHANGES. The Holding Company will not, nor will it
      permit any of its Subsidiaries to, merge or consolidate with or into any
      other Person, or permit any other Person to merge into or with it or
      consolidate with it, or sell, transfer, lease or otherwise dispose of (in
      one transaction or in a series of transactions) any of the stock of its
      Subsidiaries (in each case, whether now owned or hereafter acquired), or
      liquidate or dissolve itself or any of its Subsidiaries, except that, if
      at the time of any such event and immediately after giving effect thereto
      no Default or Event of Default shall have occurred and be continuing:

                  (a) any Wholly-Owned Subsidiary may merge or consolidate with
            or into the Holding Company or into another Wholly-Owned Subsidiary;

                  (b) any Wholly-Owned Subsidiary may sell, transfer, lease or
            otherwise dispose of any portion of its assets to the Holding
            Company or to another Wholly-Owned Subsidiary;

                                  Exhibit A-6

<PAGE>

                  (c) any Wholly-Owned Subsidiary may liquidate or dissolve if
            the Holding Company determines in good faith that such liquidation
            or dissolution is in the best interests of the Holding Company and
            is not materially disadvantageous to the holders of the Notes;

                  (d) Acceptable Acquisitions shall be permitted;

                  (e) the disposal of Northern States Tire, Inc. shall be
            permitted, whether by sale of assets or stock, or by merger,
            consolidation, dissolution or liquidation;

                  (f) any Wholly-Owned Subsidiary may change its entity form to,
            or otherwise convert to another form of entity, which is also a
            Wholly-Owned Subsidiary and is a grantor and guarantor under the
            Guarantee and Collateral Agreement, or engage in any other
            restructuring, provided that no assets of or ownership interests in
            any such Wholly-Owned Subsidiary shall be transferred to a Person
            which is not also a Wholly-Owned Subsidiary and a grantor and
            guarantor under the Guarantee and Collateral Agreement; and

                  (g) the Holding Company may merge or consolidate with or into
            the Company, and the Company may merge or consolidate with or into
            the Holding Company."

      (e) INVESTMENTS, LOANS, ADVANCES, GUARANTEES AND ACQUISITIONS. Section 6.5
of the Existing Note Purchase Agreement shall be and is hereby amended and
restated in its entirety as follows:

            "6.5. INVESTMENTS, LOANS, ADVANCES, GUARANTEES AND ACQUISITIONS. The
      Holding Company will not, nor will it permit any of its Subsidiaries to,
      purchase, hold or acquire (including pursuant to any merger with any
      Person that was not a Wholly-Owned Subsidiary prior to such merger) any
      capital stock, evidences of Indebtedness or other securities (including
      any option, warrant or other right to acquire any of the foregoing) of, or
      make or permit to exist any loans or advances to, Guarantee any
      obligations of, or make or permit to exist any investment or any other
      interest in, any other Person, or purchase or otherwise acquire (in one
      transaction or a series of transactions) any assets of any other Person
      constituting a business unit, except:

                  (a) Permitted Investments;

                  (b) (i) capital investments by the Holding Company or any
            Subsidiary in any Subsidiary (provided that such latter Subsidiary
            is in existence on the Third Amendment Effective Date or becomes a
            Subsidiary at any time after such date in a manner that complies
            with all other provisions of this Agreement, without giving effect
            to this clause (b)) and (ii) other existing investments and loans as
            otherwise described in Schedule 6.5(b);

                  (c) advances made by the Holding Company, the Company or any
            Wholly-Owned Subsidiary to the Holding Company, the Company or any
            Wholly-Owned Subsidiary;

                                  Exhibit A-7

<PAGE>

                  (d) loans and advances to, purchases of equity interests in
            and contributions to the capital of Joint Ventures and other Persons
            not otherwise permitted by this Section 6.5; provided that the
            aggregate amount of such investments, plus the aggregate amount of
            the obligations guaranteed pursuant to Section 6.2(h)(y), shall not
            exceed $30,000,000 at any one time (it being understood that profits
            and losses of Joint Ventures that are passed through to its equity
            holders shall not be included in the calculation of the aggregate
            amount of such investments);

                  (e) investments in evidences of Indebtedness representing
            amounts formerly constituting accounts receivable owed to the
            Holding Company or any Subsidiary in the ordinary course of
            business;

                  (f) Guarantees permitted under Section 6.2;

                  (g) Acceptable Acquisitions so long as either (i) the Leverage
            Ratio as of the time immediately after giving effect to such
            Acceptable Acquisition would be at least 0.50 to 1.00 less than the
            maximum ratio required under Section 6.1(b) for the end of the
            Fiscal Quarter during which the Acceptable Acquisition is made or
            (ii) the aggregate consideration paid in respect of all Acceptable
            Acquisitions made in any Fiscal Year does not exceed $20,000,000;

                  (h) Intercompany Loans made to the Holding Company, the
            Company or any Wholly-Owned Subsidiary by the Holding Company, the
            Company or any Wholly-Owned Subsidiary; and

                  (i) loans by Big O or its Wholly-Owned Subsidiaries to Big O
            franchisees, provided that the aggregate principal amount of such
            loans arising after the date hereof plus the aggregate amount of the
            obligations guaranteed pursuant to Section 6.2(e) at no time exceeds
            $30,000,000. For purposes of this clause (i) investments in
            evidences of Indebtedness permitted under clause (e) of this Section
            6.5 and Big O franchisee loans that have been sold to third parties
            shall be excluded from the loans and obligations required to be
            within the $30,000,000 limit."

      (f) TRANSACTIONS WITH AFFILIATES. The proviso contained in Section 6.7 of
the Existing Note Purchase Agreement shall be and is hereby amended and restated
in its entirety as follows:

            "; provided that the foregoing shall not apply to (i) transactions
      between the Holding Company and any of its Wholly-Owned Subsidiaries or
      between or among such Wholly-Owned Subsidiaries, as long as such
      transactions do not violate Section 6.5, (ii) if such transactions occur
      in the ordinary course of business consistent with past practices of the
      Holding Company and/or Subsidiary, (A) to transactions between the Holding
      Company or any Wholly-Owned Subsidiary and TBC de Mexico, a Mexican
      variable capital corporation, or (B) to transactions between Big O or any
      of its Subsidiaries and any Joint Venture established by Big O or any of
      its Subsidiaries in the ordinary course of business, the entire investment
      in which is permitted under Section 6.5(d)."

                                  Exhibit A-8

<PAGE>

      (g) SALE OF ASSETS. Section 6.10 of the Existing Note Purchase Agreement
shall be and is hereby amended and restated in its entirety as follows:

            "6.10. SALE OF ASSETS. The Holding Company will not, and will not
      permit any of its Subsidiaries to, sell, lease, assign, transfer or
      otherwise dispose of any of its or their now owned or hereafter acquired
      assets (including, without limitation, shares of stock and indebtedness of
      such Subsidiaries, receivables and leasehold interests), other than:

                  (a) inventory disposed of in the ordinary course of business;

                  (b) transactions with Affiliates permitted under Section 6.7;

                  (c) the sale or other disposition of assets that are obsolete
            or no longer used or usable for the conduct of business in the
            ordinary course;

                  (d) one or more transactions in which fixed or capital assets
            are sold and leased back on terms that do not constitute Capitalized
            Lease Obligations (other than any transaction described in clause
            (e) below) provided that (i) if the aggregate sale price of the
            assets sold exceeds $15,000,000, the Net Proceeds of each such sale
            are used to prepay principal of the Notes, the 1996 Notes and Bank
            Term Loans, in accordance with Section 4.8;

                  (e) the sale by Big O and its Subsidiaries of (i) Big O
            franchisee loans to third parties, and (ii) Big O stores (including
            real estate, fixtures and equipment) to Big O franchisees and the
            sale and leaseback thereof for subleasing to Big O franchisees,
            provided that, in each case under the foregoing clauses (i) and (ii)
            the transaction is in the ordinary course of business and consistent
            with past practice; and

                  (f) sales, transfers and other dispositions of assets that are
            not permitted by any other clause of this Section, provided that the
            aggregate fair market value of all assets sold, transferred or
            otherwise disposed of in reliance upon this clause (f) shall not
            exceed $15,000,000 during any Fiscal Year."

      (h) RESTRICTED PAYMENTS. Section 6.11 of the Existing Note Purchase
Agreement shall be and is hereby deleted.

7.    AMENDMENTS TO DEFINITIONS.

      (a) The following definitions in Section 10.2 of the Existing Note
Purchase Agreement shall be and are hereby amended and restated in their
entireties or added to Section 10.2 in their appropriate alphabetical order (or
were amended and restated or added in their appropriate alphabetical order in
Amendment No. 1 (denoted by a "*") or Amendment No. 2 (denoted by a "#")), as
the case may be, as follows:

            ""ACCEPTABLE ACQUISITION" means any transaction completed after the
      Third Amendment Effective Date pursuant to which the Company, the Holding
      Company or any Wholly-Owned Subsidiary (a) acquires all of the outstanding
      equity securities of any Person other than the Company or the Holding
      Company or any Person which is then a Wholly-Owned Subsidiary, (b)
      otherwise makes any Person a Wholly-Owned Subsidiary

                                  Exhibit A-9

<PAGE>

      of the Company or the Holding Company, in any case pursuant to a merger,
      purchase of assets or any reorganization or (c) purchases all or
      substantially all of the business or assets of any Person other than a
      Wholly-Owned Subsidiary or of any business unit or line of business of any
      such Persons if (i) such transaction has been either (1) approved by the
      board of directors or the comparable or appropriate body of any other
      Person, which is the subject of such transaction or (2) recommended by
      such board to the shareholders or such other body to the equity holders of
      such other Person, (ii) the target of the transaction is a Person which is
      engaged in the replacement tire industry, (ii) no Default or Event of
      Default shall have occurred and be continuing or would result therefrom
      and (iv) pro forma financial statements and projections including the
      Holding Company, its Subsidiaries and the Person and/or assets to be
      acquired, covering the most recent 12 month period for which financial
      statements are available and the twelve months following the transaction,
      show that no Default or Event of Default would result from such
      transaction."

            ""ADJUSTED LEVERAGE RATIO" means, at the end of any Fiscal Quarter,
      the ratio of (i) Consolidated Adjusted Debt at such time, to (ii) EBITDAR
      for the period of four completed Fiscal Quarters then most recently
      ended."

            ""APPLICABLE MARGIN" means, (a) at any time prior to the Third
      Amendment Effective Date, 1.00% per annum, (b) at any time on or after the
      Third Amendment Effective Date and (i) up to and including the last day of
      the first Lower Leverage Period after the Third Amendment Effective Date,
      0.75% per annum, (ii) thereafter, 0.00% per annum beginning on the first
      day following a Lower Leverage Period (including the first Lower Leverage
      Period referred to in clause (i)) up to and including the last day of the
      next succeeding Higher Leverage Period, and 0.75% per annum beginning on
      the first day following a Higher Leverage Period up to and including the
      last day of the next succeeding Lower Leverage Period."

            ""BANK TERM LOAN" means a loan made under the Credit Agreement
      pursuant to Section 2.01(b) of the Credit Agreement."

            ""CAPITAL EXPENDITURES" means, for any period, expenditures
      (excluding the aggregate amount of Capital Lease Obligations incurred
      during such period) made directly or indirectly by the Holding Company or
      any Subsidiary to acquire or construct fixed assets, property, plant and
      equipment (including renewals, improvements, replacements and
      substitutions, but excluding repairs) during such period, computed in
      accordance with GAAP."

            ""CONSOLIDATED ADJUSTED DEBT" shall mean, at the end of any Fiscal
      Quarter, Consolidated Funded Indebtedness as of the end of such Fiscal
      Quarter, plus eight times the rental payments made (net of any sublease
      income) by the Holding Company and its Subsidiaries during the period of
      four completed Fiscal Quarters then most recently ended."

            ""CONSOLIDATED CASH INTEREST EXPENSE" means, for any period for
      which such amount is being determined, (a) the interest expense of the
      Holding Company and its Consolidated Subsidiaries for such period
      determined on a consolidated basis in accordance with GAAP, including the
      portion of any rents payable under Capitalized

                                  Exhibit A-10

<PAGE>

      Lease Obligations allocable to interest expense in accordance with GAAP,
      minus (b) to the extent included in such consolidated interest expense for
      such period, non-cash amounts attributable to amortization of debt
      discounts, accrued interest payable in kind or amortization of fees paid
      in a previous period."

            ""CONSOLIDATED RENTAL EXPENSE" means for any period for which such
      amount is being determined, the aggregate rental payments (net of any
      sublease income) of the Holding Company and its Subsidiaries for such
      period determined on a consolidated basis in accordance with GAAP."

            ""CREDIT AGREEMENT" shall mean the Credit Agreement, dated as of the
      Third Amendment Effective Date, among the Company, First Tennessee Bank,
      National Association, as Administrative Agent, JPMorgan Chase Bank, N.A.
      as Co-Administrative Agent, and the other lenders party thereto."

            ""EBITDA" shall mean, as to any period, the sum of (i) Consolidated
      Net Income, plus (ii) consolidated depreciation, amortization and all
      other non-cash charges plus (iii) income taxes to the extent they reduce
      Consolidated Net Income, plus (iv) Consolidated Cash Interest Expense.

      In addition, (a) EBITDA shall include, on a pro forma basis for each
      Fiscal Quarter (including any pro forma cost savings to the extent the
      same could be reflected in pro forma financial statements contained in
      filings with the Securities and Exchange Commission pursuant to its
      Regulation S-X), the foregoing information with respect to each Person
      that was either acquired in an Acceptable Acquisition or disposed of as
      permitted by this Agreement during such Fiscal Quarter, determined as if
      the Acquisition or disposition had taken place on the first day of such
      Fiscal Quarter; and (b) whenever in this Agreement EBITDA is determined
      for a period of four Fiscal Quarters, it shall include, on a pro forma
      basis for such period (including any pro forma cost savings referred to in
      the parenthetical above), the foregoing information with respect to each
      Person that was either acquired in an Acceptable Acquisition or disposed
      of as permitted by this Agreement during such period, determined as if the
      Acquisition or disposition had taken place on the first day of such four
      Fiscal Quarter period."

            ""EBITDAR" means, for any period for which such amount is being
      determined, the sum of (a) EBITDA for such period plus (b) Consolidated
      Rental Expense for such period."

            ""FIXED CHARGES" shall mean, for any period, the sum of Consolidated
      Cash Interest Expense, Scheduled Payments, Consolidated Rental Expense and
      Restricted Payments for such period."

            ""GUARANTEE AND COLLATERAL AGREEMENT" shall mean the Guarantee and
      Collateral Agreement, dated as of the Third Amendment Effective Date,
      executed and delivered by the Holding Company, the Company and each
      Subsidiary Obligor in favor of the Collateral Agent and the holders of the
      Notes and the 1996 Notes, as amended, supplemented or otherwise modified
      from time to time."

                                  Exhibit A-11

<PAGE>

            ""HIGHER LEVERAGE PERIOD" means any period of two complete
      consecutive Fiscal Quarters in respect of which the Adjusted Leverage
      Ratio at the end of each such Fiscal Quarter is greater than 4.50:1."

            ""INTERCREDITOR AGREEMENT" shall mean the Intercreditor Agreement,
      dated as of the Third Amendment Effective date, by and among the holders
      of the Notes and the 1996 Notes, the lenders party to the Credit Agreement
      and the Collateral Agent, as amended, supplemented or otherwise modified
      from time to time."

            ""LEVERAGE RATIO" is defined in Section 6.1(b)."

            ""LOWER LEVERAGE PERIOD" means any period of two complete
      consecutive Fiscal Quarters in respect of which the Adjusted Leverage
      Ratio at the end of each such Fiscal Quarter is less than or equal to
      4.50:1."

            ""PREPAYMENT EVENT" shall mean:

                  (a) any sale and leaseback transaction permitted pursuant to
            Section 6.10(d) of any property or asset of the Holding Company or
            any Subsidiary that requires a prepayment in accordance with the
            proviso to such Section or any other sale, transfer, or other
            disposition of any property or asset of the Holding Company or any
            Subsidiary other than dispositions permitted pursuant to Sections
            6.10(a), (b), (c), (e) or (f); or

                  (b) any casualty or other insured damage to, or any taking
            under power of eminent domain or by condemnation or similar
            proceeding of, any property or asset of the Holding Company or any
            Subsidiary, but only to the extent that the Net Proceeds therefrom,
            together with any other such Net Proceeds received after the Third
            Amendment Effective Date, exceed $5,000,000 in the aggregate and
            have not been applied to repair, restore or replace such property or
            asset or to acquire other real property, equipment or other tangible
            assets to be used in the business of the Holding Company or any
            Subsidiary within one year after such event; or

                  (c) any other "Prepayment Event" as defined in the Credit
            Agreement."

            ""RESTRICTED PAYMENT" means, without duplication, for any period,
      the sum of (i) dividends or other distributions paid during such period
      (whether in cash, securities or other property) with respect to any shares
      of any class of capital stock of the Holding Company and (ii) payments
      made during such period (whether in cash, securities or other property),
      including any sinking fund or similar deposit, on account of the purchase,
      redemption, retirement, acquisition, cancellation or termination of any
      shares of capital stock of the Holding Company or any option, warrant or
      other right to acquire any such shares of capital stock of the Holding
      Company, provided that any such dividends, distributions or payments made
      solely with additional shares of the Holding Company's common stock shall
      not constitute Restricted Payments."

            ""SCHEDULED PAYMENTS" means, for any period, the sum (without
      duplication) of the aggregate amount of (i) scheduled principal payments
      made during such period in

                                  Exhibit A-12

<PAGE>

      respect of Long-Term Indebtedness of the Holding Company and its
      Subsidiaries (other than payments made by the Holding Company or any
      Subsidiary to the Holding Company or a Subsidiary), including scheduled
      prepayments of the Notes pursuant to Section 4.1 for such period and (ii)
      scheduled principal cash payments made during such period on account of
      Capitalized Lease Obligations."

      #     ""SUBSIDIARY" means any subsidiary of the Holding Company;
      provided, however, that (a) in no event shall TBC de Mexico be considered
      to be a Subsidiary for purposes hereof (but, to the extent required by
      GAAP, shall be consolidated in the consolidated financial statements of
      the Holding Company and as such included in the calculation of the
      covenants in Sections 6.1(a), 6.1(b) and 6.1(c)) until such time, if any,
      as the Holding Company's interest in TBC de Mexico exceeds 60%, the
      Holding Company is required by GAAP to consolidate TBC de Mexico into the
      Holding Company's consolidated financial statements, and the Holding
      Company's equity investment in TBC de Mexico exceeds $2,500,000; and (b)
      no subsidiary under clause (a) of the definition thereof shall be
      considered to be a Subsidiary for purposes hereof solely because, under
      FASB Interpretation No. 46, GAAP requires such Person to be consolidated
      in the consolidated financial statements of the Holding Company."

            ""TENNESSEE PROPERTY MORTGAGE" means that certain Deed of Trust,
      Assignment of Leases and Security Agreement, dated on or about the Third
      Amendment Effective Date, in respect of real property and improvements in
      Memphis, Tennessee owned by the Company securing its obligations to, among
      other parties, the holders of Notes, in respect of, among other
      obligations, the Company's obligations under this Agreement and the Notes,
      as amended, supplemented or otherwise modified from time to time."

            ""THIRD AMENDMENT EFFECTIVE DATE" means June 17, 2005."

      #     ""WHOLLY-OWNED SUBSIDIARY" shall mean, as to any Person, (a) any
      subsidiary all of whose outstanding Voting Stock is at the time owned
      directly by such Person (including any subsidiary all of whose outstanding
      Voting Stock is at the time owned directly or indirectly by one of such
      Person's Wholly-Owned Subsidiaries) or (b) any partnership, limited
      liability company, association, joint venture or similar business
      organization of which 100% of the ownership interests having ordinary
      voting power are at the time so owned. Unless the context otherwise
      clearly requires, any reference herein to a "Wholly-Owned Subsidiary" is a
      reference to a Wholly-Owned Subsidiary of the Holding Company."

      (b) The following definitions are hereby deleted from Section 10.2 of the
Existing Note Purchase Agreement in their entirety:

            First Amendment
            First Amendment Effective Date
            NTB
            NTB Acquisition
            NTB Sale and Leaseback
            SunTrust Sale and Leaseback
            Second Amendment

                                  Exhibit A-13

<PAGE>

8.    AMENDMENT TO SECTION 11.3.

      Section 11.3 (Consent to Amendments) of the Existing Note Purchase
Agreement is hereby amended by inserting, between "This Amendment" and "may be
amended", the phrase "each of the other Financing Documents" in the first line
thereof.

9.    AMENDMENT TO SECTION 11.9.

      Section 11.9 of the First Amended Note Purchase Agreement was amended and
restated by Amendment No. 2 to read as follows:

            "11.9 NOTICES.

            All written communications provided for hereunder shall be sent by
      first class mail or nationwide overnight delivery service (with charges
      prepaid) and (i) if to the Purchasers, addressed as specified for such
      communications in the Purchaser Schedule attached hereto or at such other
      address as the Purchasers shall have specified to the Holding Company in
      writing, (ii) if to any other holder of any Note, addressed to it at such
      address as it shall have specified in writing to the Holding Company or,
      if any such holder shall not have so specified an address, then addressed
      to such holder in care of the last holder of such Note which shall have so
      specified an address to the Holding Company and (iii) if to the Holding
      Company or the Company, addressed to it at 7111 Fairway Drive, Suite 201,
      Palm Beach Gardens, Florida 33418, Attention, Chief Financial Officer,
      provided, however, that any such communication to the Holding Company or
      the Company may also, at the option of the Person sending such
      communication, be delivered by any other means either to the Holding
      Company or the Company at its address specified above or to any Authorized
      Officer of the Holding Company or the Company."

10.   AMENDMENTS TO SCHEDULES.

      (a) The Purchaser Schedules to the Existing Note Purchase Agreement with
respect to Notes R-1 and R-3 shall be and hereby are amended and restated in
their entireties as set forth in Schedule A attached hereto.

      (b) Schedule 3.7(b) and Schedule 3.8 of the First Amended Note Purchase
Agreement was amended and restated by Amendment No. 2 to read as set forth in
Schedule 3.7(b) and Schedule 3.8, respectively, attached hereto.

      (c) Schedules 6.2(b), 6.2(e), 6.3, 6.5(b), and 6.8 of the Existing Note
Purchase Agreement shall be and are hereby amended and restated in their
entireties as set forth on Schedules 6.2(b), 6.2(e), 6.3, 6.5(b), and 6.8,
respectively, attached hereto.

      (d) Schedule 5.15 and Schedule 6.10 of the Existing Note Purchase
Agreement shall be and are hereby deleted.

                                  Exhibit A-14

<PAGE>

                                                                       EXHIBIT B

                             AMENDMENT FEE SCHEDULE

<TABLE>
<CAPTION>
                NOTEHOLDER                                                AMENDMENT FEE
                ----------                                                --------------
<S>                                                              <C>
The Prudential Insurance Company of America                      $15,146 (Prudential Collateral Account)
                (Note R-1)
                                                                 $ 4,540 (Prudential Managed Portfolio)

The Prudential Insurance Company of America                      $ 5,545
                (Note R-2)

The Prudential Insurance Company of America                      $ 2,383
          (1996 Note - Series B)

The Prudential Insurance Company of America                      $14,296
          (1996 Note - Series C)

       Pruco Life Insurance Company                              $ 1,975

          RGA Reinsurance Company                                $ 4,332

         Baystate Investments, LLC                               $ 6,541

  United of Omaha Life Insurance Company                         $ 5,242
                                                                 -------

                                                      TOTAL:     $60,000
</TABLE>

<PAGE>

                                   SCHEDULE A

                               PURCHASER SCHEDULE

<TABLE>
<CAPTION>
              PURCHASER NAME                     THE PRUDENTIAL INSURANCE COMPANY OF AMERICA
              --------------                     -------------------------------------------
<S>                                         <C>
Name in Which Note is Registered            THE PRUDENTIAL INSURANCE COMPANY OF AMERICA

Note Registration Number; Principal Amount  R-1; $22,721,000

Payment on Account of Note                  All payments are to be made in two separate federal
                                            funds wire transfers to the following accounts
                                            and are to be allocated between the two accounts in
                                            accordance with the most recent percentage allocations
                                            of which Prudential has given the Obligors notice
                                            (such percentages are set forth below, as of June 17,
                                            2005):

         Account Information                23.06237% TO:

                                            JP Morgan Chase Bank
                                            New York, New York
                                            ABA #  021-000-021
                                            Acct #  P86188 (please do not include spaces)
                                            Prudential Managed Portfolio
                                            Ref: See "Accompanying Information" below

                                            76.93763% TO:

                                            JP Morgan Chase Bank
                                            New York, NY
                                            ABA#  021-000-021
                                            Account #  507-835-085
                                            Prudential Collateral Account
                                            Ref: See "Accompanying Information" below

Accompanying Information                    Name of Company:         TBC Corporation
                                            Description of Security: Variable Rate Series D Senior
                                                                     Secured Notes Due April 16, 2009
                                            PPN:                     872180 C* 3
                                            Due date and application (as among principal, make whole,
                                            and interest) of the payment being made
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
            PURCHASER NAME                  THE PRUDENTIAL INSURANCE COMPANY OF AMERICA
            --------------                  -------------------------------------------
<S>                                         <C>
Address for Notices Related to Payments     The Prudential Insurance Company of America
                                            c/o Investment Operations Group
                                            Gateway Center Two, 10th Floor
                                            100 Mulberry Street
                                            Newark, NJ  07102-4077
                                            Attn: Manager, Billings and Collections
                                            Fax: 973-802-8764

                                            For Prepayment Notices:
                                            Manager, Trade Management Group
                                            Tel: 973-802-8107
                                            Fax: 973-802-9425

Address for All other Notices (including    The Prudential Insurance Company of America
copies of all Notices related to Payments)  c/o Prudential Capital Group
                                            1170 Peachtree Street, Suite 500
                                            Atlanta, GA  30309
                                            Attn: Managing Director
                                            Tel: 404-870-3750
                                            Fax: 404-870-2041

Signature Block Format                      THE PRUDENTIAL INSURANCE COMPANY OF AMERICA

                                            By: _____________________________
                                            Name:
                                            Title:

Instructions re Delivery of Notes           The Prudential Insurance Company of America
                                            1170 Peachtree Street, Suite 500
                                            Atlanta, GA  30309
                                            Attn: Michael Fierro, Esq.

Tax Identification Number                   22-1211670
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
              PURCHASER NAME                               PRUCO LIFE INSURANCE COMPANY
              --------------                               ----------------------------
<S>                                         <C>
Name in Which Note is Registered            PRUCO LIFE INSURANCE COMPANY

Note Registration Number; Principal Amount  R-3; $2,279,000

Payment on Account of Note

         Method
         Account Information                Federal Funds Wire Transfer
                                            JP Morgan Chase Bank
                                            New York, New York
                                            ABA #  021-000-021
                                            Acct #  P86188 (please do not include spaces)
                                            Prudential Managed Portfolio
                                            Ref: See "Accompanying Information" below

Accompanying Information                    Name of Company:          TBC Corporation
                                            Description of Security:  Variable Rate Series D Senior
                                                                      Secured Notes Due April 16, 2009
                                            PPN:                      872180 C* 3
                                            Due date and application (as among principal, make whole,
                                            and interest) of the payment being made

Address for Notices Related to Payments     Pruco Life Insurance Company
                                            c/o The Prudential Insurance Company of America
                                            Investment Operations Group
                                            Gateway Center Two, 10th Floor
                                            100 Mulberry Street
                                            Newark, NJ  07102-4077
                                            Attn: Manager, Billings and Collections
                                            Fax: 973-802-8764

                                            For Prepayment Notices:
                                            Manager, Trade Management Group
                                            Tel: 973-802-8107
                                            Fax: 973-802-9425

Address for All other Notices (including    Pruco Life Insurance Company
copies of all Notices related to Payments)  c/o Prudential Capital Group
                                            1170 Peachtree Street, Suite 500
                                            Atlanta, GA  30309
                                            Attn: Managing Director
                                            Tel: 404-870-3750
                                            Fax: 404-870-2041

Signature Block Format                      PRUCO LIFE INSURANCE COMPANY

                                            By: _____________________________
                                            Name:
                                            Title:
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
         PURCHASER NAME                             PRUCO LIFE INSURANCE COMPANY
         --------------                             ------------------------------
<S>                                         <C>
Instructions re Delivery of Notes           The Prudential Insurance Company of America
                                            1170 Peachtree Street, Suite 500
                                            Atlanta, GA  30309
                                            Attn: Michael Fierro, Esq.

Tax Identification Number                   22-1944557
</TABLE>

<PAGE>

                                 Schedule 3.7(b)

                           CERTAIN OWNED REAL PROPERTY

Offices and warehouse located at 4770 Hickory Hill Road, Memphis, Tennessee.

<PAGE>

                                  Schedule 3.8

                CERTAIN TRADEMARKS, TRADE NAMES AND SERVICE MARKS

                                 TBC BRANDS, LLC

Trademark Report by Mark                                                Printed:
11/18/2004                                                                Page 1
Country: US

<TABLE>
<CAPTION>
COUNTRY                                       FILED       APPL#              REGDT        REG#
STATUS
<S>                                         <C>          <C>               <C>          <C>
AIRFLOW

UNITED STATES                                3/18/2004   76/581,898
PENDING

ARCTIC CLAW WINTER TXI

UNITED STATES                                9/30/2004   76/613,843
PENDING

ARCTIC CLAW WINTER XSI

UNITED STATES                                9/30/2004   76/613,840
PENDING

CORDOVAN TOUR PLUS

UNITED STATES                               11/12/2003   76/559,458
PENDING

CORDOVAN WILD TRAC RADIAL X/RS

UNITED STATES                               12/17/2003   76/565,633
PENDING

GAUNTLET

UNITED STATES                                3/26/2004   76/582,982
PENDING

GRAND SPIRIT TOURING LS

UNITED STATES                                12/4/2002   76/472,572        6/15/2004    2,854,718
REGISTERED

NAVITRAC

UNITED STATES                                 5/5/2004   76/590,533
PENDING

OTOS

UNITED STATES                                5/13/2004   76/591,948
PENDING

POWER KING LOADER GRADER PLUS

UNITED STATES                                3/18/2004   76/581,850
PENDING

TBC PRIVATE BRANDS

UNITED STATES                                8/12/2004   76/606,744
PENDING
</TABLE>

<PAGE>

<TABLE>
<S>                                         <C>          <C>               <C>          <C>
TBC PRIVATE BRANDS & DESIGN

UNITED STATES                               12/12/2002   76/369,492        2/3/2004     2,811,332
REGISTERED

TOUR PLUS

UNITED STATES                               11/12/2003   76/559,494
PENDING

TRACMASTER  WINTER XSI

UNITED STATES                                9/30/2004   76/613,844
PENDING

TRACMASTER WINTER TXI

UNITED STATES                                9/30/2004   76/613,838
PENDING
</TABLE>

<PAGE>

Trademark Report by Mark                                                Printed:
11/18/2004                                                                Page 2
Country: US

<TABLE>
<CAPTION>
COUNTRY                                        FILED       APPL#             REGDT        REG#
STATUS
<S>                                         <C>          <C>               <C>          <C>
VANDERBILT TURBO TECH RADIAL A/SR

UNITED STATES                               12/17/2003   76/565,634
PENDING                     012

WILD COUNTRY TXR

UNITED STATES                                 4/8/2004   76/585,613
PENDING                     012

WILD COUNTRY XRT

UNITED STATES                                 4/8/2004   76/585,624
PENDING                     N/A

WILD COUNTRY XTX

UNITED STATES                                 4/8/2004   76/585,612
PENDING                     012
</TABLE>

                               BIG O TIRES, INC.

Trademark Report by Mark                                                Printed:
11/18/2004
Country: US

<TABLE>
<CAPTION>
COUNTRY                                       FILED        APPL#             REGDT        REG#
STATUS
<S>                                         <C>          <C>               <C>          <C>
AGGRESSOR

UNITED STATES                               11/10/2003   76/558,468
PENDING

BIG FOOT

UNITED STATES                                2/17/2004   76/576,412
PENDING

BIG O TIRES LUBE CENTER

UNITED STATES                                5/19/2004   76/592,994
PENDING

BIGFOOT COUNTRY & DESIGN

UNITED STATES                                 8/3/2004   76/605,325
PENDING

EURO TOUR

UNITED STATES                                11/8/2002   76/468,502        1/13/2004    2,804,363
REGISTERED

FUGITIVE

UNITED STATES                               11/10/2003   76/558,462
</TABLE>

<PAGE>

<TABLE>
<S>                                         <C>          <C>               <C>          <C>
PENDING

LEGACY TOUR PLUS

UNITED STATES                               11/12/2003   76/559,495
PENDING

MAMMOTH

UNITED STATES                               11/10/2003   76/558,466
PENDING

NTW

UNITED STATES                                9/20/2004   76/612,095
PENDING

SXP SUPER SPORT

UNITED STATES                                10/8/2004   76/615,918
PENDING

VENGEANCE

UNITED STATES                                 5/5/2004   76/590,532
PENDING

VENGEANCE RADIAL SPORT

UNITED STATES                               11/10/2003   76/558,465
PENDING

VENGEANCE SPORT SLX

UNITED STATES                               11/10/2003   76/558,467
PENDING
</TABLE>

<PAGE>

                                                                 SCHEDULE 6.2(b)

                              EXISTING INDEBTEDNESS

Indebtedness and Guarantees under or relating to the 1996 Notes.

Those Guarantees listed on Schedule 6.2(e).

TBC Corporation and/or TBC Private Brands, Inc. has guaranteed a $1,500,000 line
of credit made available to TBC de Mexico and TBC International Inc. by First
Tennessee Bank National Association.

The obligations of TBC Corporation, TBC Private Brands, Inc. Big O Retail
Enterprises, Inc., Tire Kingdom, Inc., Big O Tires, Inc., Carroll's, Inc.,
Merchant's, Incorporated, and NTW Incorporated, to Michelin North America, Inc.
and its affiliates are subject to various cross-guarantees given by TBC
Corporation and certain of its Subsidiaries.

TBC Corporation and/or TBC Private Brands, Inc. has guaranteed all obligations
of Tire Kingdom, Inc. to Continental General Tire, Inc.

Various Capital Leases relating to 19 retail tire stores operated by NTW
Incorporated (at 5/31/05, aggregate ending principal was $7,648,319 and
aggregate net book value was $5,053,040).

Various Capital Leases relating to eight tire stores operated by Merchant's,
Incorporated (at 5/31/05, aggregate ending principal was $3,791,796 and
aggregate net book value was $3,470,576).

Capital Leases related to four trucks in use by TBC Private Brands of Texas, LLC
(capital lease obligation of $70,686 at 5/31/05).

Capital Lease(s) relating to certain computer equipment and related software
used by Tire Kingdom, Inc. (capital lease obligation of $30,818 at 5/31/05).

Long term liability of $6,389,905 (at 5/31/05) relating to eight sale and
leaseback transactions of Big O Tires, Inc. and its subsidiaries that failed to
meet GAAP's sale and leaseback definitions.

The November 2003 sale and leaseback transaction relating to 86 retail stores
operated by NTW Incorporated (net proceeds totaling approximately $132,000,000).

The September 2003 sale and leaseback transaction relating to 13 retail stores
operated by Merchant's, Incorporated (net proceeds totaling approximately
$9,840,000).

<PAGE>

                                                                 SCHEDULE 6.2(e)

           GUARANTEE OBLIGATIONS OF BIG O TIRES, INC. AND SUBSIDIARIES

                                              Big O Guarantee Portion at 3/31/05

<TABLE>
<S>                                                 <C>
GE Capital
         Intermountain Realty - Sioux Falls         $  313,174.62

GE Capital
         Las Vegas (Steve Smith)                       290,000.00
         Las Vegas                                     318,933.45
         Boulder, CO                                    37,304.35
         Fresno Winston Location                        45,517.50
         Gilroy Winston Location                        58,095.04
         Smith & Wilson                              1,093,947.53

OKC, LLC JV                                             50,000.00

Real Estate Lease Guarantees                           663,664.04
                                                    -------------

Total Guarantees                                    $2,870,636.53
</TABLE>

<PAGE>

                                                                    SCHEDULE 6.3

                                 EXISTING LIENS

-     Liens arising under the existing Guarantee and Collateral Agreement.

-     Numerous UCC financing statements evidencing operating lease transactions
      in which TBC Corporation and its Subsidiaries are lessees have been filed
      and are still in effect.

-     Mortgage on the Memphis, Tennessee real property recorded pursuant to the
      Existing Credit Agreement.

UCC Filings and Mortgages Against Big O Tires, Inc. and Its Subsidiaries:

        First National Bank of Dieterich.
         Filing in connection with equipment financing by Big O Tire of Idaho,
         inc.

UCC Filings Against Tire Kingdom, Inc.:

        Michelin North America, Inc. and related entities.
        Purchase money security interest filing against all inventory purchased
        from secured party by Tire Kingdom and all proceeds therefrom.

<PAGE>

                                                                 SCHEDULE 6.5(b)

                     CERTAIN EXISTING INVESTMENTS AND LOANS

-     See Exhibit A for a listing of all existing Subsidiaries.

-     TBC Private Brands, Inc. owns 20,000 shares of Series A Preferred Stock,
      $.01 par value, of Quirk Automotive, Corp. and 14.4 shares of Common
      Stock, $100 par value, of V.I.P., Inc. (total investment - $5,000,000).

-     TBC International Inc. owns approximately 49% of the ownership interests
      in TBC de Mexico, S.A. de C.V., a Mexican company.

-     Big O Retail Enterprises, Inc. is a 50% shareholder in Tires Industries
      Corporation, a Utah corporation.

-     Big O Tires, Inc. holds a 50% interest in each of the following joint
      ventures:

        BORE/MPC, LLC (a Missouri LLC)
        OKC, LLC (a Colorado LLC)
        Intermountain Development Joint Venture (a Colorado general partnership)
        One Stop Undercar Denver, LLC (a Colorado LLC)

-     TBC Private Brands, Inc. owns 20 Preferred Shares of World Tire
      Corporation (total investment of $750,000).

<PAGE>

                                                                    EXHIBIT A TO
                                                                 SCHEDULE 6.5(b)

           OBLIGORS AND SUBSIDIARIES AND JURISDICTIONS OF ORGANIZATION

The Holding Company: TBC Corporation, a Delaware corporation formerly known as
TBC Holding Corp.

The Company: TBC Private Brands, Inc., a Delaware corporation formerly known as
TBC Corporation. 100% of the Company's capital stock is owned by the Holding
Company.

Subsidiaries Directly Owned by the Company:

<TABLE>
<CAPTION>
                                           Jurisdiction of       Percentage of Stock/ Equity
              Name                          Organization               Owned by TBC                 Subsidiaries
              ----                         ---------------       ---------------------------        ------------
<S>                                        <C>                   <C>                                <C>
Big O Tires, Inc.                               Nevada                       100%                    See Below
Carroll's, Inc.                                Georgia                       100%                       None
Northern States Tire, Inc.                     Delaware                      100%                       None
TBC International Inc.                         Delaware                      100%                       None
TBC Retail Enterprises, Inc.                   Delaware                      100%                    See Below
TBC Brands, LLC                                Delaware                      100%                       None
TBC Capital, LLC                               Delaware                       90%*                      None
TBC Private Brands of Texas, LLC               Delaware                      100%                       None
</TABLE>

      *5% is owned by each of Carroll's, Inc. and Tire Kingdom, Inc.

Subsidiaries Directly Owned by Big O Tires, Inc.:

<TABLE>
<CAPTION>
                                           Jurisdiction of      Percentage of Stock Owned by
          Name                              Incorporation                   Big O                  Subsidiaries
          ----                             ---------------      ---------------------------        ------------
<S>                                        <C>                  <C>                                <C>
Big O Development, Inc.                        Colorado                     100%                       None
O Advertising, Inc.                            Colorado                     100%                       None
Big O Tire of Idaho, Inc.                       Idaho                       100%                       None
</TABLE>

Subsidiaries Directly Owned by TBC Retail Enterprises, Inc.:

<PAGE>

<TABLE>
<CAPTION>
                                           Jurisdiction of      Percentage of Stock Owned by
             Name                           Incorporation                   Big O                  Subsidiaries
             ----                          ---------------      ---------------------------        ------------
<S>                                        <C>                  <C>                                <C>
Big O Retail Enterprises, Inc.                 Colorado                     100%                       None
Tire Kingdom, Inc.                             Florida                      100%                     See Below
</TABLE>

Subsidiaries Directly Owned By Tire Kingdom, Inc.:

<TABLE>
<CAPTION>
                                           Jurisdiction of      Percentage of Stock Owned by
          Name                              Incorporation                   Big O                  Subsidiaries
          ----                             ---------------      ---------------------------        ------------
<S>                                        <C>                  <C>                                <C>
Merchant's, Incorporated                       Delaware                     100%                       None
NTW Incorporated                               Delaware                     100%                       None
</TABLE>

<PAGE>

                                                                    SCHEDULE 6.8

                              EXISTING RESTRICTIONS

The documents evidencing the Existing Credit Agreement contain, and the
documents evidencing the Credit Agreement will contain, restrictions and
conditions of the type described in Section 6.8.

The sale and leaseback transactions listed on Schedule 6.2(b) contain
restrictions and conditions of the type described in Section 6.8.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00086-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00086-of-00352.parquet"}]]