Document:

Form of Indemnification Agreement

 Exhibit 10.24 
 Indemnification Agreements 
  

			
	 Name
	  	Date of Indemnification
Agreement
	 J. David Aronson
	  	March 10, 2011
	 I Michal Coslov
	  	March 10, 2011
	 John J. Connelly
	  	March 10, 2011
	 Joseph Curtin
	  	March 10, 2011
	 Timothy A.R. Duncanson
	  	March 10, 2011
	 Raymond S. Kalouche
	  	March 10, 2011
	 Thomas E. Lippard
	  	March 10, 2011
	 Colin Osborne
	  	March 10, 2011
	 Kirk D. Peters
	  	March 10, 2011
	 Daniel E. Rosati
	  	March 10, 2011
	 Manish K. Srivastava
	  	March 10, 2011
	 Patrick W. Tolbert
	  	March 10, 2011

 FORM OF 
 INDEMNIFICATION AGREEMENT 
 INDEMNIFICATION AGREEMENT (the
“Agreement”) between each of the entities identified as the “Company” on the signature page of this Agreement (the “Company”), and
[            ], a Representative (defined below) of the Company or an Affiliated Entity of the Company (the “Indemnitee”), dated as of
[                    ], 2011. 
 More than one entity is identified as the “Company” on the signature page of this Agreement. This document shall be deemed to be a separate and distinct agreement between Indemnitee and
each such Company. The use of a single signature page is for convenience only. 
 R E C I T A L S: 

The Indemnitee has agreed to serve as a Representative of the Company. 

The Company is incorporated under the laws of Delaware, and its Affiliated Entities may include entities formed or organized under
various jurisdictions as corporations, companies, partnerships, limited partnerships, joint ventures, limited liability companies, trusts, employee benefit plans or other enterprises. To ensure a common standard of indemnification by the Company and
its Affiliated Entities, the Company and Indemnitee have elected to have the standards of indemnification promulgated under the Delaware General Corporation Law (the “DGCL”) applicable to corporations incorporated under the
laws of Delaware govern the provisions of this Agreement as set forth herein. 
 Certain capitalized terms used in this
Agreement are defined in Section 15. 
 In recognition of the Indemnitee’s need for substantial protection against
personal liability and to provide the Indemnitee with specific contractual assurance that indemnification, including the protection, if any, provided by the Constating Documents, will be available to the Indemnitee (regardless of, among other
things, any amendment to the Constating Documents or merger, exchange or reorganization of the Company resulting in changes in the Constating Documents), the Company wishes to provide in this Agreement for the indemnification of and the advancement
of expenses to the Indemnitee to the fullest extent permitted by Delaware law and as set forth in this Agreement, and, to the extent insurance is maintained, for the coverage of the Indemnitee under the Company’s directors’ and
officers’ liability insurance policies. 
 NOW, THEREFORE, in consideration of the premises and intending to be legally
bound hereby, the parties hereto agree as follows: 
 SECTION 1. INDEMNIFICATION.

 a. In the event that the Indemnitee was or is made a party to, or is threatened to be made a party to, or otherwise
becomes involved, as a party or otherwise (including, but not limited to, as a witness or as the subject of a subpoena or discovery notice), or is threatened with, 

 
any Proceeding by any third party or any derivative action made in the right of the Company, whether arising while such Indemnitee is a Representative of the Company or any Affiliated Entity or
afterwards, relating to or arising out of the business and affairs of, or activities undertaken in connection with, the Company, or by reason of the fact that the Indemnitee or a person of whom the Indemnitee is the legal representative is or was,
at any time, a Representative of the Company or any Affiliated Entity or is or was serving at the request of the Company or any Affiliated Entity for another corporation, company, partnership, limited partnership, joint venture, limited liability
company, trust, employee benefit plan or other enterprise, in any capacity (including service with respect to employee benefit plans), whether the basis of such Proceeding is alleged action in an official capacity as a Representative or in any other
capacity while serving as a Representative, the Company shall indemnify Indemnitee and hold Indemnitee harmless against all claims, demands, liabilities, costs, expenses, damages, judgment, fines, ERISA excise taxes or penalties, and amounts paid or
to be paid in settlement, losses, suits, proceedings and actions, whether judicial, administrative, investigative or otherwise, of whatever nature, known or unknown, liquidated or unliquidated (“Claims”), that may accrue to or be
incurred by the Indemnitee, or in which the Indemnitee may become involved, including, but not limited, to amounts paid in satisfaction of attorneys’ fees and all other costs, charges and expenses paid or incurred in connection with
investigating, defending, settling, being a witness in or participating in (including on appeal), or preparing to defend, be a witness in or participate in any Claim relating to a Proceeding (“Expenses”) to the fullest extent a
Delaware corporation has the power or obligation to indemnify a person in accordance with the DGCL as the same exists or may hereafter be amended (but only to the extent that such amendment permits a corporation to provide broader indemnification
rights than a corporation was permitted to provide prior to such amendment), except (i) with respect to or in connection with the receipt of a personal benefit to which Indemnitee was not entitled, including but not limited to personal benefits
arising from trading in securities and (ii) to the extent that it shall have been determined by a final disposition that such Claims arose from the gross negligence or willful misconduct of the Indemnitee. 

b. For the avoidance of doubt, subject to the DGCL and the Company’s Constating Documents, the provisions of paragraph
(a) shall not apply to a Claim or Proceeding made directly by the Company against the Indemnitee but shall apply in the case of any derivative action or other Claim or Proceeding made by a third party in the right of the Company. 

c. For the avoidance of doubt, no indemnification under this Agreement in connection with any Claim or Proceeding, whether by or in the
right of the Company or otherwise, shall require any determination by the courts of Delaware or any other court. 
 d. The
indemnification provided in this Agreement specifically includes indemnification with respect to the period from and after the date hereof, notwithstanding the date this Agreement is executed and delivered by the parties. 

SECTION 2. NOTICES OF CLAIMS. 

Promptly after receipt by the Indemnitee of notice of the commencement of any Proceeding, the Indemnitee shall, if a claim for
indemnification in respect thereof is to be made 

  
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against the Company, give written notice to the Company of the commencement of such Proceeding; provided, that the failure of the Indemnitee to give notice as provided herein shall not
relieve the Company of its obligations under this Agreement, except to the extent that the Company is actually prejudiced by such failure to give notice. In the event that any such Proceeding is brought against the Indemnitee (other than a
derivative suit in right of the Company), the Company will be entitled to participate in and to assume the defense thereof to the extent that the Company may wish, with counsel reasonably satisfactory to the Indemnitee. After notice from the Company
to the Indemnitee of the Company’s election to assume the defense thereof, the Company will not be liable for expenses subsequently incurred by the Indemnitee in connection with the defense thereof. The Company will not consent to entry of any
judgment or enter into any settlement that does not include as an unconditional term thereof the giving by the claimant or plaintiff to the Indemnitee of a release from all liability in respect to such Claim. Any indemnification provided for in
Section 1 shall be made within 10 business days after receipt by the Company of the written notice of Indemnitee. 

SECTION 3. INSURANCE. 

In the event that the Company maintains insurance to protect any director, officer or manager of the Company against
any expense, liability or loss from wrongful acts, or to insure the Company’s indemnification obligations, such insurance shall cover the Indemnitee to at least the same extent as any other director, officer or manager of the Company and the
Company’s insurance shall be the primary insurance policy against any expense, liability or loss from wrongful acts, and to insure the Company’s indemnification obligations[; in each case, notwithstanding that Indemnitee was designated as
a Representative of the Company by affiliates of Onex Corporation (together with such affiliates, “Onex”) or the availability of other insurance maintained or arranged by Onex]1. 
 SECTION 4. ADVANCE OF EXPENSES. 
 a. Notwithstanding anything in the Constating Documents or this Agreement to the contrary, the right to indemnification conferred by this Agreement shall include the obligation of the Company to advance,
if so requested by the Indemnitee (and within 10 business days of such request), Expenses incurred relating to a Claim involving the Indemnitee in advance of its final disposition or to recover under any directors’ and officers’ liability
insurance policies maintained by the Company; provided, that the payment of such Expenses incurred by Indemnitee in advance of the final disposition of any Proceeding shall be made only upon delivery to the Company of an undertaking, by or on
behalf of Indemnitee, to repay all amounts so advanced if it shall ultimately be determined by a final disposition that Indemnitee is not entitled to be indemnified for such expenses under this Agreement or otherwise, or to repay any amount advanced
in excess of the amount of indemnity to which Indemnitee is entitled under this Agreement or otherwise. 
  

	1	 To be added for Onex employees 

  
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 b. For the avoidance of doubt, subject to the DGCL and the Company’s Constating
Documents, the provisions of paragraph (a) shall not apply to a Claim or Proceeding made directly by the Company against the Indemnitee but shall apply in the case of any derivative action or other Claim or Proceeding made by a third party in
the right of the Company. 
 SECTION 5. CONTRIBUTION. 

In the event that the indemnification provided for in this Agreement is unavailable to the Indemnitee for any reason whatsoever, the
Company, in lieu of indemnifying the Indemnitee, shall contribute to the amount incurred by the Indemnitee, whether for judgments, fines, penalties, excise taxes, amounts paid or to be paid in settlement and/or for Expenses, in connection with any
Proceeding, in such proportion as is deemed fair and reasonable, in light of all of the circumstances of such action, by a majority vote of the members of the then current Board of Directors (even though less than a quorum) or similar governing body
of the Company, in each case acting in good faith, or, if the Indemnitee disagrees with the determination of such governing body, then by the courts of the State of Delaware or other court having jurisdiction over the parties to reflect (a) the
relative benefits received by the Company and the Indemnitee as a result of the event(s) and/or transaction(s) giving cause to such action; and/or (b) the relative fault of the Company (and its other Representatives) and the Indemnitee in
connection with such event(s) and/or transaction(s). The Indemnitee’s right to contribution under this Section 5 shall be determined in accordance with, pursuant to and in the same manner as, the provisions in Section 1 and 2 relating
to the Indemnitee’s right to indemnification under this Agreement. 
 SECTION 6.
ATTORNEYS’ FEES. 
 In the event that any action is instituted by the Indemnitee under
this Agreement to enforce or interpret any of the terms hereof, the prevailing party in such action shall be entitled to be paid all costs and expenses, including reasonable attorneys’ fees, incurred by the prevailing party with respect to such
action. 
 SECTION 7. NON-EXCLUSIVITY. 

The rights of the Indemnitee hereunder shall be in addition to any other rights the Indemnitee may have under the Constating Documents or
under applicable law, and nothing herein shall be deemed to diminish or otherwise restrict the Indemnitee’s right to indemnification under any such other provision. To the extent applicable law or the Constating Documents as in effect on the
date hereof, or at any time in the future, permit greater indemnification than as provided for in this Agreement, the parties hereto agree that the Indemnitee shall enjoy by this Agreement the greater benefits so afforded by such law or provision of
the Constating Documents, and this Agreement shall be deemed amended without any further action by the Company or the Indemnitee to grant such greater benefits. The Indemnitee may elect to have the Indemnitee’s rights hereunder interpreted on
the basis of applicable law in effect at the time of execution of this Agreement, at the time of the occurrence of the event giving rise to a Claim or at the time indemnification is sought. 

  
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 SECTION 8. BURDEN OF
PROOF; NO PRESUMPTIONS 
 (a) Burden of Proof. In connection with any
determination by any person as to whether Indemnitee is entitled to be indemnified hereunder, the Indemnitee shall be presumed to be entitled to indemnification under this Agreement upon submission of a written claim (and, in an action brought to
enforce a claim for an advancement of expenses, where the required undertaking, if any is required, has been tendered to the Company), and thereafter the burden of proof shall be on the Company to establish that Indemnitee is not so entitled.

 In any suit brought by Indemnitee to enforce a right to indemnification or to an advancement of Expenses hereunder, or
brought by the Company to recover an advancement of Expenses pursuant to the terms of an undertaking, the burden of proving that Indemnitee is not entitled to be indemnified, or to such advancement of Expenses, under this Agreement or otherwise,
shall be on the Company. 
 (b) No Presumptions. For purposes of this Agreement, the termination of any Proceeding, by
judgment, order, settlement (whether with or without court approval) or conviction, or upon a plea of nolo contendere, or its equivalent, shall not create a presumption that Indemnitee did not meet any particular standard of conduct or have
any particular belief or that a court has determined that indemnification is not permitted by applicable law. In addition, neither the failure of the Company to have made a determination that indemnification of Indemnitee is proper in the
circumstances because Indemnitee has met the applicable standard of conduct or had any particular belief, nor an actual determination by the Company that Indemnitee has not met such standard of conduct or did not have such belief, shall be a defense
to Indemnitee’s claim for indemnification or advancement of expenses under this Agreement or create a presumption that Indemnitee has not met any particular standard of conduct or did not have any particular belief. The scope of the
Company’s indemnification of Indemnitee is that set forth in Section 1 of this Agreement, and nothing in this Section 8(b) shall be deemed to expand such scope. 
 SECTION 9. PARTIAL INDEMNITY. 
 If Indemnitee is entitled under any provision of this Agreement to indemnification by the Company for a portion of the Expenses, judgments, fines, penalties, amounts paid in settlement of a claim or any
other amount but not, however, for the total amount thereof, the Company shall nevertheless indemnify Indemnitee for the portion thereof to which Indemnitee is entitled. 
 SECTION 10. SUBROGATION. 
 In the event
of payment under this Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of recovery of the Indemnitee, who shall execute all papers required and shall do everything that may be necessary to secure such
rights, including the execution of such documents necessary to enable the Company effectively to bring suit to enforce such rights. 

  
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 SECTION 11. NO DUPLICATION
OF PAYMENTS. 
 The Company shall not be liable under this Agreement to make any payment in
connection with any claim made against the Indemnitee to the extent the Indemnitee has otherwise actually received payment (under any insurance policy, the Constating Documents or otherwise) of the amounts otherwise indemnifiable hereunder.

 SECTION 12. BINDING EFFECT. 

This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective
successors, assigns, including any direct or indirect successor (whether by purchase, merger, consolidation, reorganization, exchange or otherwise) to all, substantially all, or a substantial part, of the business and/or assets of the Company,
spouses, heirs, executors and personal and legal representatives. The Company shall require and cause any successor (whether by purchase, merger, consolidation, reorganization, exchange or otherwise) to all, substantially all, or a substantial part,
of the business and/or assets of the Company to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place, but the absence of
any such writing shall not be a defense to any claim for indemnity made hereunder. This Agreement shall continue in effect regardless of whether the Indemnitee continues to serve as a Representative of the Company or of any other enterprise at the
Company’s request. 
 SECTION 13. SEVERABILITY. 

The provisions of this Agreement shall be severable in the event that any of the provisions hereof (including any provision within a
single section, paragraph or sentence) is held by a court of competent jurisdiction to be invalid, void or otherwise unenforceable in any respect, and the validity and enforceability of any such provision in every other respect and of the remaining
provisions hereof shall not be in any way impaired and shall remain enforceable to the fullest extent permitted by law. 

SECTION 14. AMENDMENT. 

Except as otherwise provided in Section 7 herein, this Agreement may not be changed, modified or amended except in writing signed by
the parties hereto. 
 SECTION 15. CERTAIN DEFINITIONS. 

As used in this Agreement: 
 “Affiliated Entity” means each of the entities identified as the “Company” on the signature page hereof, and each corporation, company, partnership, limited partnership,
joint venture, limited liability company, trust, employee benefit plan or other enterprise directly or indirectly controlled by such Company. 
 The “Constating Documents” of the Company mean its articles or certificate of incorporation, articles or certification of association or formation, charter, by-laws, operating agreement,
partnership agreement and/or other similar document or instrument governing its internal affairs. 

  
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 “final disposition” means a determination by final judicial decision from
which there is no further right to appeal. 
 “Proceeding” means any actual or threatened action, suit,
proceeding, arbitration, alternate or dispute resolution mechanism, or any inquiry or investigation, whether civil, criminal, administrative or investigative. 
 Indemnitee will be deemed to be a “Representative” of an entity for which he is serving as an officer, a director, a manager, managing member, general partner, or in any other executive,
fiduciary or representative capacity, including as an “authorized signatory”, at the request of the entity. 

SECTION 16. COUNTERPARTS. 

More than one entity is identified as the “Company” on the signature page of this Agreement. This document shall be
deemed to be a separate and distinct agreement between Indemnitee and each such Company. This Agreement may be executed in several counterparts, each of which shall be deemed an original. 

SECTION 17. GOVERNING LAW; EXCLUSIVE JURISDICTION.

 This Agreement shall be governed by the laws of the State of Delaware without regard to the principles of conflicts of
law thereof. The Court of Chancery of the State of Delaware is hereby vested with exclusive jurisdiction to hear and determine all actions for advancement of expenses or indemnification brought under this Agreement or otherwise by the Indemnitee.

 [Intentionally blank; signature page follows] 

  
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 IN WITNESS WHEREOF, the Company and the Indemnitee have executed this Indemnification
Agreement as of the day and year first above written. 
  

			
	 INDEMNITEE:

 

	[NAME]
	
	  

	
	 COMPANY:
  

TMS INTERNATIONAL CORP.,
 a Delaware
corporation

		
	By:	 	  

		 	Name:
		 	Title:
	
	 COMPANY:
  

TUBE CITY IMS CORPORATION,
 a Delaware
corporation

		
	By:	 	  

		 	Name:
		 	Title:

 Schedule to Exhibit 10.24 – Form of Indemnification Agreement between TMS

 International Corp., Tube City IMS Corporation and certain of their Representatives 

The Indemnification Agreement filed as Exhibit 10.24 is substantially identical in all material respects to the indemnification agreements which
have been entered into by TMS International Corp., Tube City IMS Corporation, and the following individuals with the associated effective dates: 
  

	
	 Indemnitee(1)

	 Joseph Curtin

	 Raymond S. Kalouche

	 J. David Aronson

	 Daniel E. Rosati

	 Thomas E. Lippard

	 Kirk Peters

	 John J. Connelly

	 I Michael Coslov

	 Timothy A.R. Duncanson

	 Colin Osborne

	 Manish K. Srivastava

	 Patrick W. Tolbert

  

	(1)	Each Indemnification Agreement to be dated at or around the time of the offeringAuto Finance Operating Agreement, dated as of April 30, 2009

 Exhibit 10.20 
 AUTO FINANCE OPERATING AGREEMENT 
 I. Parties

 This Auto Finance Operating Agreement is made by and between the following parties as of April 30, 2009 (“Effective
Date”): 
  

	A.	Ally Financial Inc., formerly known as GMAC Inc., (“Ally”) and 

 

	B.	Chrysler Group LLC (“Chrysler”). 

 II. Recitals 
  

	A.	Chrysler manufactures, distributes, markets, and sells motor vehicles under various brands, including, “Chrysler”, “Dodge”,
“Jeep”, “RAM”, and “Mopar”, and related goods and services (“Chrysler Products”), which are offered for sale to retail Consumers through a network of dealerships authorized by
Chrysler (“Chrysler Dealers”). 

  

	B.	Ally is a diversified financial services company that directly, and indirectly through its Subsidiaries, provides automotive and non-automotive finance and
lease, insurance, banking, mortgage, lending, and other services to a variety of customers (“Ally Products”). 

  

	C.	As part of its business, Ally: 

  

	 	1.	Supports the sale of Chrysler Products by purchasing from Chrysler Dealers, at market rates and below market rates, motor vehicle retail installment sale
contracts (“Retail Financing”) and motor vehicle lease contracts, including the underlying lease vehicle, (collectively, “Consumer Financing”); 

 

	 	2.	Finances Chrysler Dealers’ acquisition of motor vehicle inventory (“Inventory Financing”) and extend loans and other credit accommodations
for working capital, equipment, and real estate (“Loans”, and, collectively with Inventory Financing, “Dealer Financing”) to Chrysler Dealers; 

 

	 	3.	Makes available to Chrysler Dealers, remarketing and related auction services for the purchase and sale of used vehicles, including through proprietary internet
auctions hosted by Ally, such as SmartAuction, (collectively, “Remarketing”); and 

  

	 	4.	Makes available to Chrysler Dealers, insurance products and services, including vehicle inventory insurance, and other dealer insurance products and services,
through Motors Insurance Corporation and its Subsidiaries (collectively, “Insurance”). 

  

	D.	Subject to Section 5.2, Chrysler wants Ally to be Chrysler’s preferred service provider of automotive financial services in the United States, and Ally
wants to be Chrysler’s preferred service provider of automotive financial services in the United States, in each case including the services listed in Recital C above, in each case under the terms and conditions of this Agreement.

 Agreement 
 In consideration of the recitals above, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Chrysler and Ally agree as follows: 

 
  

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 1 

 ARTICLE I    DEFINITIONS 

SECTION 1.1 Definitions. The words in this Agreement have the meanings usually and customarily ascribed to them in commercial contracts,
except that the words defined below, or elsewhere in this Agreement, have the respective meanings ascribed to them as indicated. 
  

	(a)	“Affiliated Entity” means an entity: 

  

	 	(i)	That is a Subsidiary of a party to this Agreement; or 

  

	 	(ii)	That owns a majority of the voting securities of a party to this Agreement; or 

 

	 	(iii)	That Controls, is Controlled by, or is under common Control with a party to this Agreement. 

 

	(b)	“Ally-Financed Dealer” means a Chrysler Dealer to which Ally provides Inventory Financing and/or Loans. 

 

	(c)	“Application” means a credit application in a standard form developed or approved by Ally submitted by or on behalf of a Consumer in connection
with the purchase or lease of a new or used Chrysler vehicle that a Chrysler Dealer submits for Ally’s assessment and credit decision as to whether Ally would purchase a retail installment sale or lease contract that the Chrysler Dealer enters
into with that Consumer, if the Dealer were to offer it for sale to Ally. 

  

	(d)	“Approval” means Ally’s credit decision that it would purchase a retail installment sale or lease contract, if a Chrysler Dealer decides to
offer it for sale to Ally under the terms offered by that Chrysler Dealer as submitted (i.e., not subject to a change in the terms of the contract and/or fulfillment of one or more specific conditions such as additional down payment).

  

	(e)	“Business Day” means any day that is not a Saturday, Sunday or other day on which banks are required or authorized by law to be closed in Auburn
Hills, Michigan or New York, New York. 

  

	(f)	“Capital Markets Disruption” means circumstances where the global credit markets are such that credit is either not available or not available
on commercially reasonable terms to borrowers with credit rating and business prospects similar to Ally for a period of three months or longer. 

  

	(g)	“Confidential Information” means the terms and conditions of this Agreement and/or any information (including data developed from any such
information) in any format that meets all of the following criteria: 

  

	 	(i)	Chrysler, Ally, or their respective Representatives (each a “receiving party”) obtains the information from the other party or its
Representatives (each a disclosing “disclosing party”) before or after the execution of this Agreement; 

  

	 	(ii)	The information relates to the business or financial activities of the disclosing party or its Affiliated Entities; and 

 

	 	(iii)	The information is made available to the receiving party solely to facilitate the receiving party’s performance of this Agreement or otherwise as a result
of the commercial relationship between Chrysler and Ally, or includes information relating to customers and dealerships, pricing, methods, operations, processes, trade secrets, credit programs, financial data, business and financial relationships,
technical data, statistics, technical specifications, documentation, research, development or related information, computer systems, employees, and any results or compilations of the foregoing or is otherwise clearly and conspicuously labeled
“confidential” on its face . 

  

	    	“Confidential Information” does not include any information that: 

 

	 	•	 	 Is or becomes publicly available by any means other than a breach of this Agreement; 

  
 2 

	 	•	 	 Was known by the receiving party before its receipt from disclosing party so long as the source of that information is not known to the receiving party
to be prohibited by contract or applicable law from disclosing that information; or 

  

	 	•	 	 Is independently developed by the receiving party without using information from the disclosing party. 

 

	(h)	“Confidential Personal Information” means all information about Consumers that are individuals, including names, addresses, telephone numbers,
account numbers and lists thereof, and demographic, financial and transaction information for, such Consumers. 

  

	(i)	“Consumer” means: 

  

	 	(i)	An individual who acquires or seeks to acquire Chrysler Products at retail primarily for personal, family, or household purposes; or 

 

	 	(ii)	A Person who acquires or seeks to acquire Chrysler Products at retail for business, commercial, or similar purposes. 

 

	(j)	“Control”, “Controlled”, and derivatives thereof, mean, as to a Person, the direct or indirect power to direct the management and
policies of that Person, whether through the ownership of voting securities, by contract, or otherwise. 

  

	(k)	“Credit Tier” means a category of credit risk determined through Ally’s proprietary risk scoring system. 

 

	(l)	“FICO Score” means the standard consumer credit scoring system commonly used in the United States. 

 

	(m)	“Governmental Authority” means any supranational, international, national, federal, state, or local court, provincial, government, department,
commission, board, bureau, agency, official or other regulatory, administrative, or governmental authority. 

  

	(n)	“Including”, “includes”, and derivatives thereof mean including or includes without limitation. 

 

	(o)	“Law” means any federal, state, local, provincial, or foreign law, statute, ordinance, rule, regulation, judgment, order, injunction, decree,
agency requirement, judicial, agency or administrative opinion having the force of law, license or permit of any governmental authority, or common law. 

  

	(p)	“OEM” means an original equipment manufacturer or distributor of passenger cars and light trucks, but in no event includes a Governmental
Authority. 

  

	(q)	“Person” means any individual, corporation, partnership, joint venture, limited liability company, limited liability partnership, association,
joint stock company, trust, unincorporated organization, or other organization, whether or not a legal entity, and any Government Authority. 

  

	(r)	“Rate Support” means, with respect to financing incentives offered by Chrysler on retail installment sale contracts (including balloon contracts
and any other similar products) that enable Consumers to obtain rates that are below the market rates, the difference between the Support Rate and the below-market rate. 

 

	(s)	“Rate Support Subvention Program” means a Subvention Program involving Rate Support. 

 

	(t)	“Repurchase Triggering Event” means any one or more of the following: 

 

	 	(i)	[***]. 

  

	 	(ii)	[***]. 

  

 

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 3 

	 	(iii)	[***]. 

  

	(u)	“Representatives” means directors, officers, employees and representatives of a party or its Subsidiaries and each of their respective agents,
representatives, auditors, attorneys, and other professional advisors. 

  

	(v)	“Subsidiary” means, as to a Person, another Person a majority of the voting securities of which are owned by that first Person.

  

	(w)	“Subvention Program” means programs in which Chrysler offers financial subsidies, incentives, capitalized cost reductions, or special terms,
including interest free periods, in each case through a financial services company or bank conditioned upon the Consumer financing or leasing through a financial services company or bank to: 

 

	 	(i)	Chrysler Dealers (excluding any programs in which Chrysler offers payments or subsidies to Chrysler Dealers directly and are not conditioned upon financing
through a financial services company or bank). 

  

	 	(ii)	Consumers, if such programs are conditioned upon financing or leasing through a financial services company or bank. 

 

	    	“subvented”, “subvene”, and their derivatives have similar meanings. 

 

	    	“Subvention Program” does not include a program in which Chrysler offers payments or subsidies to Chrysler Dealers directly or provides cash allowances
or incentives (e.g., “cash on the hood”), in each case not through a financial services company or bank. 

  

	(x)	“Support Rate” means the interest rate Ally offers to Chrysler when Chrysler wants to sponsor special financing rates to Consumers through a Rate
Support Subvention Program. 

  

	(y)	“Unsecured Exposure” means the aggregate amount of any and all financial exposure(s) of Ally and its Subsidiaries in the aggregate to Chrysler and its
Subsidiaries in the aggregate that is not secured by a first priority perfected security interest or lien in favor of Ally (or the applicable Ally entity) against all of the assets of Chrysler, consisting of: 

 

	 	(i)	Subvention Rate Support payments not yet invoiced by Ally; 

  

	 	(ii)	Subvention Rate Support Payments invoiced by Ally, which are past due; ; 

 

	 	(iii)	Guaranty obligations of Chrysler in favor of Ally, if any; 

  

	 	(iv)	Gap insurance obligations of Chrysler, in favor of Ally, if any; and 

 

	 	(v)	Other unsecured exposures as may be agreed between the parties from time to time (e.g., lease subvention or residual support if agreed between the parties
or as determined by the U.S. Coordinating Committee from time to time). 

  

	    	“Unsecured Exposure” does not include: 

  

	 	•	 	 Chrysler’s obligations in connection with Subvention Programs, to the extent Ally has invoiced Chrysler for those amounts and they are not yet
due; 

  

	 	•	 	 Chrysler’s obligations in connection with the repurchase of Chrysler vehicles pursuant to Section 4.4 below; and

  

	 	•	 	 Chrysler’s obligations in connection with any bailment pool arrangements. 

 
  

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 4 

	    	In addition, the following terms are used as defined in the specific sections of this Agreement specified below. 

 

			
	 Term
	  	 Section

	 Ally License
	  	11.1
	 Ally Products
	  	Recitals
	 Alternative Volume
	  	3.4(a)
	 Cap
	  	9.1
	 Chrysler Dealers
	  	Recitals
	 Chrysler License
	  	11.2
	 Chrysler Marks
	  	11.2
	 Chrysler Open Account
	  	4.3(a)
	 Chrysler Products
	  	Recitals
	 Compliance Review
	  	10.1
	 Consumer Financing
	  	Recitals
	 Current Dealer
	  	5.2(a)
	 Dealer Financing
	  	Recitals
	 Dealings
	  	2.1(a)
	 Dispute
	  	15.3
	 Force Majeure Condition
	  	15.6
	 Initial Term
	  	12.1
	 Implementing Agreement
	  	2.1(e)
	 Indemnification Clause
	  	13.1(a)
	 Indemnitee
	  	13.1(a)(i)
	 Indemnitor
	  	13.1(a)(ii)
	 Insurance
	  	Recitals
	 Inventory Financing
	  	Recitals
	 Lead Member
	  	6.1(a)(iii)
	 Loans
	  	Recitals
	 Notices
	  	15.5
	 Operational Notices
	  	15.5
	 Organizational Set Up
	  	8.3
	 Remarketing
	  	Recitals
	 Repurchase Triggering Event
	  	4.4
	 Retail Contracts
	  	3.3(b)
	 Retail Financing
	  	Recitals
	 U.S. Coordinating Committee or Committee
	  	6.1

 ARTICLE
II    FRAMEWORK 
 SECTION 2.1 Contractual Framework. 

 

	(a)	This Agreement establishes the contractual framework for dealings between Chrysler and Ally in the United States, including Puerto Rico on a best efforts basis,
related to Consumer Financing, Dealer Financing, Remarketing, and Insurance (individually and collectively “Dealings”). 

  

	(b)	From time to time, at Chrysler’s option and upon reasonable advance notice to Ally, Chrysler may designate as “Chrysler Products” any motor
vehicles sold under a brand of Fiat Group Automobiles S.p.A. and distributed through Chrysler Dealers, in which case this Agreement will apply to such vehicles. 

  
 5 

	(c)	Each party will each use commercially reasonable efforts to cause its respective Subsidiaries in the United States, Canada, Mexico, as applicable, to agree to be
bound by the terms of this Agreement to their dealings by executing one or more Opt-in Agreements in substantially the form attached to this Agreement as Exhibit A. 

 

	 	(i)	Upon execution of an Opt-in Agreement, the Subsidiary accedes to the rights, benefits and obligations of this Agreement, with those specific modifications,
exceptions or additions set forth in a particular Opt-in Letter as necessary or appropriate to reflect operating and financing conditions in the relevant local market. 

 

	 	(ii)	If a Subsidiary ceases to be a Subsidiary of a party, then the other party may terminate all rights and obligations with respect to that former Subsidiary
effective on 60 days’ prior notice. 

  

	 	(iii)	The parties may from time to time agree on the inclusion of their respective Subsidiaries in additional markets into this Agreement, the inclusion of which will
be evidenced by the execution and delivery by such Subsidiaries of additional Opt-in Agreements. 

  

	(d)	Nothing in this Agreement precludes Ally from providing or continuing to provide any financial services to OEMs other than Chrysler or dealers other than Chrysler
Dealers, or from providing or continuing to provide insurance, mortgage, banking, or other non-automotive financial services. 

  

	(e)	The specific terms and conditions related to individual Dealings in the United States that are not captured by this Agreement, or as to which the parties
mutually agree to provide for more specific terms as to a specific transaction, series of transactions, or type of transaction, will be the subject of separate agreements (each an “Implementing Agreement”), and unless Ally and
Chrysler specifically agree otherwise, including in such Implementing Agreement, this Agreement controls to the extent of any direct conflict between this Agreement and any such Implementing Agreement. 

 

	(f)	Chrysler and Ally will reasonably cooperate with one another and assist the other in carrying out the other’s obligations under this Agreement and will
execute and deliver documents and instruments reasonably necessary and appropriate to do so. 

  

	(g)	The terms of this Agreement are intended to preserve the customer loyalty and dealer support benefits that would accrue to Chrysler as an OEM with an exclusive
financing affiliate, while at the same time assuring that Ally receives a competitive level of return. 

  

	(h)	Ally recognizes Chrysler’s desire to grow its automotive business and will continue to support Chrysler in that effort to the extent that it is consistent
with Ally’s business interests. 

  

	(i)	[***]. 

  

	    	[***]. 

  

 

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 6 

 ARTICLE III    CONSUMER FINANCING 

SECTION 3.1 General Service Obligations. 
  

	(a)	In the United States, Ally will provide full and fair consideration to Applications spanning a broad spectrum of prime and nonprime Consumers received from a
Chrysler Dealer with whom Ally has a Retail Financing relationship, applying credit risk underwriting standards consistent with its general practices for Consumer Financing, and will purchase such contracts, if appropriate in Ally’s sole
discretion in accordance with its usual and customary standards for creditworthiness, subject to applicable safety and soundness standards . 

  

	(b)	Ally’s decision whether to provide Consumer Financing to any Consumer will be made in its sole and absolute discretion and pursuant to its business judgment,
without any influence by Chrysler (but this does not prohibit Chrysler from communicating with Ally about any aspect of Ally’s performance as a financial service provider under the Agreement). 

 

	(c)	Ally will provide assistance to Chrysler Dealers with whom Ally has a Retail Financing relationship to finalize Consumer contracts related to Consumer Financing,
consistent with its general practices as discussed from time to time with the U.S. Coordinating Committee. 

  

	(d)	Ally will actively work to facilitate the ease of doing business, completing transactions, and minimizing and resolving disputes with Chrysler, Chrysler Dealers,
and Consumers, in each case consistent with its general practices as discussed from time to time with the Coordinating Committee. 

  

	(e)	Ally will not take any measures that are inconsistent with market practice that reduce the likelihood that Consumers will seek to finance purchases through Ally
(e.g., through onerous application fees, etc). 

 SECTION 3.2 Subvention Programs. 

 

	(a)	Chrysler will, in its sole discretion, set all terms and conditions of all Subvention Programs, including Consumer eligibility, program dates, covered Chrysler
Products, base prices of Chrysler Products eligible for Subvention, applicable Consumer credit tiers, lending duration of offered Consumer Financing products (e.g., 36 months, 60 months, etc.), and geography, and a Subvention Program may
contain any terms and conditions (e.g., it may relate to one or more Chrysler Products, one or more Chrysler brands, and one or more Consumer credit tiers), in each case subject to Section 3.2(a)(i) and (a)(ii) below.

  

	 	(i)	Chrysler will not design a Subvention Program that contains more than one type of underlying financial product (e.g., a single Subvention Program may not
contain both lease and retail installment sale contract products), however nothing in this Agreement restricts Chrysler from operating several Subvention Programs at any particular time or offering Consumers a choice between alternative Subvention
Programs; and 

  

	 	(ii)	Chrysler will not intentionally design a Chrysler Subvention Program with the intent of excluding Ally’s participation in such Subvention Program, but
Chrysler will not be restricted from operating a Subvention Program on the basis that Ally has indicated an inability or unwillingness to participate in such a Subvention Program or, in fact, does not participate in such a Subvention Program.

  

	(b)	Chrysler will use commercially reasonable efforts to inform Ally, including by e-mail or other electronic means, of all Subvention Programs at least five
Business Days before the scheduled start date (except for routine special rate and special residual support changes, notice of which may be given one Business Day before the scheduled start date). 

  
 7 

	 	(i)	If Chrysler does not provide Ally at least five Business Days’ notice of such a Subvention Program, Ally will nevertheless use commercially reasonable
efforts to implement that Subvention Program to the extent reasonably and practically possible under the circumstances. 

  

	 	(ii)	After receipt of notice of such a Subvention Program, Ally will notify Chrysler as promptly as practicable if Ally is unwilling or unable to implement or
participate in that Subvention Program. 

  

	 	(iii)	If Ally cannot implement a Subvention Program concept as proposed by Chrysler, then Chrysler and Ally will reasonably cooperate to find a workable solution, if
any, but: 

  

	 	(A)	Ally is not bound to participate in such Subvention Program; and 

  

	 	(B)	Chrysler is not bound to modify its proposed Subvention Program concept in order to accommodate Ally’s participation. 

 

	(c)	Chrysler will solicit input from Ally as to individual Subvention Programs and will consult in good faith with Ally as to the terms and conditions of individual
Subvention Programs to facilitate Ally’s ability to provide Retail Financing to support Chrysler’s business, but Chrysler is not bound to implement or modify the terms of any particular proposed Subvention Program in response to
Ally’s input and will remain free, subject to Chrysler’s specific obligations in this Agreement, to design and implement Subvention Programs in its discretion. 

 

	(d)	Chrysler will allow Ally to participate in any and all Subvention Programs on a side-by-side basis with any and all other financing sources.

 SECTION 3.3 Exclusivity and Related Terms for Rate Support Subvention Programs. Whenever Chrysler offers Rate
Support Subvention Programs, it will do so through Ally on a semi-exclusive basis as follows: 
  

	(a)	Before November 1, 2009, Chrysler may offer Subvention Programs through third parties, so long as it simultaneously offers Ally the opportunity to
participate in those Subvention Programs on a side-by-side basis. 

  

	(b)	From November 1, 2009 through April 30, 2010, the aggregate number of retail installment sale contracts, balloon contracts, and any other similar
products (individually and collectively, “Retail Contracts”) dated and booked during this period under Rate Support Subvention Programs that Chrysler offers through Ally exclusively must equal [***] of the total number of Retail
Contracts dated and booked under all Rate Support Subvention Programs offered during that time period (i.e., Chrysler must use Ally exclusively for [***] of its subvented Rate Support business and may use Ally non-exclusively for [***] of its
subvented Rate Support business), subject to Section 3.4 below (“Initial Threshold”). 

  

	(c)	Starting May 1, 2010, the aggregate number of Retail Contracts booked under Rate Support Subvention Programs that Chrysler offers through Ally exclusively
must equal [***] of the total number of Retail Contracts booked under all Rate Support Subvention Programs offered by Chrysler (i.e., Chrysler must use Ally exclusively for [***] of its subvented Rate Support business and may use Ally
non-exclusively for [***] of its subvented Rate Support business), subject to Sections 3.4 below, measured on a quarterly basis (“[***] Threshold” and, together with the Initial Threshold, the “Exclusivity
Thresholds”). 

  

	(d)	Chrysler’s compliance with the Exclusivity Thresholds will be reported to and assessed by the Coordinating Committee on a calendar quarterly basis, with
compliance during any calendar quarterly periods in which an Exclusivity Threshold applied in part only (i.e., the quarterly period ending December 31, 2009) or in which more than one Exclusivity Threshold applied (i.e., the
quarterly period ending June 30, 2010) being determined on the basis of a weighted average of the Retail Contracts dated and booked during the calendar quarterly periods. 

 
  

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 8 

	(e)	Chrysler will provide to the Coordinating Committee information reasonably sufficient to determine Chrysler’s compliance with Sections 3.3(b) and
(c) above within the following timeframes: 

  

	 	(i)	For the Initial Threshold: by the first Coordinating Committee meeting in August, 2010. 

 

	 	(ii)	For the [***] Threshold: at the first meeting of the Coordinating Committee occurring after the end of each calendar quarter for Retail Contracts dated within,
and booked to, the quarter that just ended. 

  

	(f)	The Coordinating Committee for each individual market (US, Canada, and Mexico) will use commercially reasonable efforts to develop and to implement a business
plan to achieve the [***] Threshold for each individual market (United States, Canada, and Mexico). 

  

	 	(i)	The business plan will include guidelines for the parties’ operational implementation and timelines for achieving the Exclusivity Threshold by individual
market (United States, Canada, and Mexico). 

  

	 	(ii)	Any failure to develop and implement the plan does not relieve Chrysler of its obligations under this Section 3.3. 

SECTION 3.4 Capital Markets Disruption. Ally and Chrysler will reasonably and mutually determine whether a Capital Markets Disruption has
occurred, and if so, when it ends. 
  

	(a)	If Ally and Chrysler have agreed that Capital Markets Disruption has occurred, and [***], then: 

 

	 	(i)	Chrysler’s obligations under Section 3.3(b) or 3.3(c) above, as applicable, are suspended, and Chrysler may offer that Rate Support Subvention
Program(s) on terms consistent with those offered to Ally through one or more third parties on a temporary basis, so long as the terms and conditions are consistent with those offered to Ally, (“Alternative Volume”) until Ally has
notified Chrysler that the Capital Markets Disruption has ended. 

  

	 	(ii)	Upon 30 days’ notice to Chrysler that it is able or willing to do so, Ally may participate in such Rate Support Subvention Program on a side-by-side basis
with any other financial services provider that has previously agreed to participate in such Rate Support Subvention Program, but any Alternate Volume will not be counted against the applicable Exclusivity Threshold(s). 

 

	(b)	Upon Ally’s notice that the Capital Markets Disruption has ended, Chrysler’s exclusivity obligations under Section 3.3(b) or 3.3(c) above, as
applicable, are automatically and immediately reinstated six months from the date of Ally’s notice that the Capital Markets Disruption has ended, and from that time any and all Alternative Volume will be counted against the applicable
Exclusivity Threshold(s). 

  

	(c)	If Ally and Chrysler have not agreed that a Capital Markets Disruption has occurred (i.e., Ally and Chrysler believe that no Capital Markets Disruption has
occurred or only one believes it has occurred), and [***], then: 

  

	 	(i)	[***]; 

  

	 	(ii)	[***]. 

  

	 	(iii)	[***]; 

  

 

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 9 

	 	(iv)	[***]. 

 SECTION 3.5 Rate Support.
For Rate Support Subvention Programs: 
  

	(a)	Rate support pricing is based on a [***] methodology, [***]. 

  

	 	(i)	Ally represents to Chrysler that: 

  

	 	(A)	Ally will determine rate support pricing using a base rate calculated consistent with certain of its pre-existing relationships with other OEMs.

  

	 	(B)	The Support Rate will not exceed in any case [***]. 

  

	 	(ii)	Ally will adjust the formula for the calculation of [***]. 

  

	 	(iii)	Ally will be transparent in pricing methodology to Chrysler (including formula and parameters), but Ally has no obligation to reveal information specific to any
other OEMs with which Ally does business. 

  

	 	(A)	On an annual basis, Ally will review its rate support pricing methodology with Chrysler, subject to the terms of this Agreement. 

 

	 	(B)	On a quarterly basis, Ally will advise the Coordinating Committee of any changes in rate support pricing methodology, subject to the terms of this Agreement.

  

	(b)	Ally will establish the Support Rates. 

  

	 	(i)	Ally may vary the applicable Support Rate by factors that [***], in each case consistent with its obligations under Section 3.5(a)(i)(B), (ii), and (iii).

  

	 	(ii)	The parties expect that Support Rates will be in effect for a month at a time, however, Ally may change the Support Rate during a calendar month upon at least
fourteen calendar days’ notice to Chrysler before the effective date of the change. 

  

	(c)	Chrysler will pay to Ally the amount of any Rate Support: 

  

	 	(i)	Discounted to present value at the applicable Support Rate; and 

  

	 	(ii)	Further discounted for expected pre-payments. 

  

	(d)	For each month that a Rate Support payment is due to Ally: 

  

	 	(i)	Ally will send Chrysler an invoice by the fifth business day of the following month indicating the amount of Rate Support payment for the immediately preceding
month (e.g., Ally will send Chrysler an invoice by December 7, 2009 for a Rate Support payment owed for contracts booked in November 2009). 

  

	 	(ii)	 Chrysler will pay Ally the full invoice amount, without setoff, recoupment, or any other deduction (regardless of whether Chrysler disagrees
with the invoice amount), by the 18th calendar day of the
month, or if the 18th calendar day is not also a Business
Day, then by the Business Day that next follows the 18th
calendar day. 

  
  

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 10 

	 	(iii)	If Chrysler disagrees with the invoice amount, then subject to Section 3.5(d)(ii) above, it may invoke the Dispute resolution process under
Section 15.3 of this Agreement for any disputed portion of the invoiced amount. 

 SECTION 3.6 Leases.

  

	(a)	Ally has no obligation to offer incentivized or standard leases for Chrysler Products. 

 

	(b)	[***]. 

  

	(c)	[***]. 

  

	(d)	[***]. 

  

	(e)	[***]. 

 ARTICLE
IV    DEALER FINANCING 
 SECTION 4.1 General Service Obligations. 

 

	(a)	In the United States (including Puerto Rico on a best efforts basis), Ally will provide full and fair consideration of any application for Dealer Financing
received from a Chrysler Dealer, applying commercial lending credit risk underwriting standards consistent with Ally’s general practices for Dealer Financing and will provide Dealer Financing to the Chrysler Dealer, if appropriate in
Ally’s sole discretion in accordance with its usual and customary commercial lending standards, subject to safety and soundness requirements and, absent a default by the dealer, the minimum guidelines described in Exhibit B of this
Agreement, at the rate of return that Ally considers to be appropriate under the circumstances. 

  

	(b)	Ally’s decision whether to provide Dealer Financing to any Chrysler Dealer will be made in Ally’s sole and absolute discretion and pursuant to its
business judgment, without influence by Chrysler (but this does not prohibit Chrysler from communicating with Ally about Ally’s performance under this Agreement or any other matter). 

 

	(c)	Nothing in this Agreement requires either Chrysler or Ally in its respective good faith business judgment to support the other party or any Ally-Financed Dealer in
resolving any disputes or claims, but rather each party is permitted to support the other if, and to the extent, it wants to do so. 

  

	(d)	Chrysler will use reasonable efforts to facilitate a positive relationship between Ally and Chrysler Dealers and in particular, to promote its association with
Ally to Chrysler Dealers and seek to create an awareness among Chrysler Dealers of benefits available to them by dealing with Ally. 

  

	(e)	Nothing in this Agreement affects Chrysler’s rights or obligations as to any Chrysler Dealer, or Ally’s rights or obligations as to any Ally-Financed
Dealer. 

  
  

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 11 

	(f)	Nothing in this Agreement is intended to permit Ally, or to create a right in Ally, to influence any act or omission by Chrysler as manufacturer, seller, and
distributor of Chrysler Products to Chrysler Dealers, or to permit Chrysler, or create a right in Chrysler, to influence any act or omission by Ally as a provider of Dealer Financing to Chrysler Dealers. 

SECTION 4.2 Chrysler Dealer Information. 
  

	(a)	[***]. 

  

	(b)	Subject to requirements of applicable Law, Chrysler and Ally will: 

  

	 	(i)	Cooperate in promptly providing information to, and consulting with, each other in good faith with regard to the operating and financial condition of
Ally-Financed Dealers identified by Chrysler or Ally as “troubled dealers”, for the purpose of identifying potential problems, promoting solutions, and minimizing risks to Chrysler and Ally. 

 

	 	(ii)	Use commercially reasonable efforts to notify the other party before implementing any decision terminate its relationship with an Ally-Financed Dealer.

  

	 	(iii)	Upon request from the other party, use commercially reasonable efforts to provide reasonable assistance in resolving issues with Ally-Financed Dealers, including
default and litigation situations, inventory restrictions, suspensions or terminations, requests to divert inventory to other Chrysler Dealers to the extent possible or practicable, options to repurchase new vehicle inventory, and assignment of
funds due from Chrysler, subject to the provisions of this Agreement. 

 SECTION 4.3 Security Enhancements. Chrysler
will not prohibit Chrysler Dealers from providing guaranties and/or additional security or credit enhancements to Ally, including granting a security interest in accounts payable owed by Chrysler to Chrysler Dealers. 

SECTION 4.4 Vehicle Repurchase. Upon a Repurchase Triggering Event as to a Chrysler Dealer, Chrysler will repurchase [***], subject to the
following terms and conditions: 
  

	(a)	Chrysler’s obligation to repurchase inventory from a Chrysler Dealer under this Agreement does not apply to any vehicles meeting the following conditions,
unless otherwise required under applicable state franchise law: 

  

	 	(i)	[***]. 

  

	 	(ii)	[***]: 

  

	 	A.	[***] 

  

	 	B.	[***]. 

  

	 	(iii)	[***]. 

  

	(b)	The periods for Chrysler’s repurchase obligation under this Agreement are as follows: 

 
  

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 12 

			
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]

  

	(c)	[***]. 

  

	(d)	[***]. 

  

	(e)	[***]. 

  

	(f)	[***]. 

  

	(g)	[***]. 

  

	(h)	[***]. 

  

	(i)	[***]. 

  

	(j)	[***]. 

 ARTICLE
V    OTHER SERVICES 
 SECTION 5.1 Remarketing. Ally will make Remarketing services available to Chrysler
Dealers, subject to and in accordance with Ally’s eligibility criteria and other applicable policies. 
 SECTION 5.2 [***]:

  
  

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 13 

	(a)	[***]. 

  

	(b)	[***]. 

  

	(c)	[***]. 

 SECTION 5.3 Marketing,
Promotion, and Advertising. Chrysler and Ally will offer each other the following marketing, promotional, and advertising services, subject to mutually agreeable terms and conditions, including costs, outlined in Implementing Agreements.

  

	(a)	As to Consumer Financing: 

  

	 	(i)	Chrysler will include references to “Ally”, and/or “Ally Bank” (as determined by Ally) where appropriate in Chrysler’s advertising and
marketing materials for Subvention Programs in which Ally participates. 

  

	 	(ii)	Chrysler will give good faith consideration to Ally for future affinity-related financial services opportunities (e.g., credit card programs).

  

	 	(iii)	Chrysler will offer Ally opportunities to include messages about Ally products and programs in Chrysler mailings to customers. 

 

	 	(iv)	Ally will offer Chrysler opportunities to include messages about Chrysler Products and programs on billing statements sent to Ally’s Chrysler customers.

  

	 	(v)	Chrysler will offer Ally opportunities to participate in appropriate international, national, regional, and local promotional events sponsored by Chrysler or
with which Chrysler is affiliated. 

  

	 	(vi)	Chrysler and Ally may each offer the other’s employees opportunities to participate in certain marketing programs directed at their own employees.

  

	 	(vii)	Ally and Chrysler will offer each other opportunities to place on their respective websites weblinks to the other’s public websites, so long as the linked
websites are appropriately branded, and the landing page of the Ally linked website does not include links to a website of any other OEM. 

  

	 	(viii)	Ally and Chrysler will handle customer inquiries and complaints about Subvention Programs in which Ally participates, and/or about Chrysler Products that are
properly addressed by the other party by forwarding them in a timely and professional manner to the relevant department of the other party for resolution. 

 

	(b)	As to Dealer Financing Chrysler will: 

  

	 	(i)	Provide Ally reasonable access to Chrysler Dealers to enable Ally to train Chrysler Dealers about Ally products at Ally’s sole cost.

  

	 	(ii)	Allow Ally to participate reasonably in Chrysler-produced or Chrysler-sponsored publications for employee or external audiences. 

 
  

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 14 

	 	(iii)	Allow Ally to provide to Chrysler Dealers information about Ally Products and provide Ally reasonable access to Chrysler Dealers through Chrysler websites and
other appropriate Chrysler systems for Chrysler Dealers. 

  

	 	(iv)	Assist Ally in administering and promoting of programs to provide incentives to Chrysler Dealers to use and promote Ally Products. 

 

	 	(v)	Allow Ally to participate reasonably in planning and communicating programs pertaining to Chrysler Dealers. 

 

	(c)	Ally and Chrysler will make joint sales contacts with Chrysler Dealers, customers, and potential customers for fleet and small business sales, as appropriate
with a view to expanding fleet and small business sales profitably. 

  

	(d)	Chrysler will notify Ally about, and will offer Ally reasonable opportunity to participate in, and receive any written materials provided at, scheduled local,
regional, and/or national meetings of Chrysler Dealers, subject to the following: 

  

	 	(i)	Chrysler may in its good faith business judgment determine that: 

  

	 	(A)	Ally’s attendance is not appropriate for a specific portion of any meeting or specific agenda item(s) in a meeting. 

 

	 	(B)	Ally’s receipt of certain written materials is not appropriate, in which case Ally will not attend such portions of the meeting or receive such materials.

  

	 	(ii)	In its discretion, Chrysler may provide Ally with notice of, and an opportunity to attend other meetings pertaining to, marketing plans, incentive strategies, or
tactics. 

 ARTICLE VI    COORDINATING COMMITTEE 

SECTION 6.1 Coordinating Committee. Chrysler and Ally hereby create a committee to be responsible for considerations around joint policies
and programs and coordination of joint activities between them and to serve as the initial arbiter of disputes that cannot be resolved between the parties at the operating level (“Coordinating Committee” or
“Committee”). 
  

	(a)	The total membership of the Coordinating Committee will be between six and ten, as agreed from time to time by the Committee. 

 

	 	(i)	Each of Chrysler and Ally will designate an equal number of Committee members, and each may designate up to five ad hoc members. 

 

	 	(ii)	Members and ad hoc members will be employees of Chrysler (or an affiliate of Chrysler) and Ally, respectively, with a reasonable degree of decision-making
authority in order to facilitate prompt and efficient resolution of matters before the Committee, unless the Committee agrees otherwise. 

  

	 	(iii)	Each of Chrysler and Ally will designate one of their Committee members to be the lead member, who will be the principal point of contact and coordination
outside of formal Committee meetings (“Lead Member”). 

  

	 	(iv)	Additional guests with applicable expertise may attend meetings by invitation of the Committee. 

 

	 	(v)	Schedule I lists the initial members, initial Lead Members, and other initial member designations by Chrysler and Ally to the Committee.

  
 15 

	(b)	The Committee will appoint one of its members as the Committee Chair for purposes of coordinating meeting discussions, and the position of Chair will rotate
between members designated by Chrysler and members designated by Ally each May 1, unless otherwise agreed by the Committee. 

  

	(c)	The Committee will appoint one of its members as Secretary of the Coordinating Committee and the position of Chair will rotate between members designated by
Chrysler and members designated by Ally each May 1, unless otherwise agreed by the Committee. 

  

	 	(i)	If a Chrysler member is the Committee Chair, then the Secretary will be an Ally member, and if an Ally member is the Committee Chair, then the Secretary will be
a Chrysler member. 

  

	 	(ii)	The Secretary will, among other things: 

  

	 	(A)	Work with the Lead Members to prepare an agenda for each meeting; 

  

	 	(B)	Prepare minutes of meetings, which will be circulated to the Lead Members for approval in advance of being finalized and distributed to the Committee and ad hoc
members; and 

  

	 	(C)	Establish an annual calendar of regular meetings. 

  

	(d)	The Committee will hold regular meetings on a monthly basis. 

  

	 	(i)	Each Lead Member may call a special meeting of the Committee, as deemed appropriate. 

 

	 	(ii)	Attendance at any meeting may be by telephone. 

  

	 	(iii)	At least two members from each of Chrysler and Ally are necessary for a quorum at any regular or special Committee meeting. 

 

	 	(iv)	If the person then designated as Chair or Secretary is not present at any meeting, replacement(s) may be established for purposes of that meeting.

  

	(e)	Committee decisions will be by consensus; i.e., Chrysler members collectively have one “vote” and Ally members collectively have one “vote”,
with consensus required for action to be taken. 

  

	(f)	The Committee will conduct an ongoing review of the parties’ joint and independent efforts under this Agreement. 

ARTICLE VII    INFORMATION REPORTS 
 SECTION 7.1 [***]: 
  

	(a)	[***]. 

  

	(b)	[***]. 

  

	(c)	[***]. 

  

 

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 16 

	(d)	[***]: 

  

	 	(i)	[***]; 

  

	 	(ii)	[***] 

  

	 	(iii)	[***]. 

  

	(e)	[***]. 

  

	(f)	[***]. 

  

	 	(i)	[***]. 

  

	 	(ii)	[***]. 

  

	(g)	[***]. 

  

	(h)	[***]. 

 ARTICLE
VIII    OPERATING PRINCIPLES 
 SECTION 8.1 Credit Policies. Ally will provide Consumer Financing and
Dealer Financing services contemplated by this Agreement under its credit policies. 
  

	(a)	Ally’s credit policies are the sole responsibility, and under the sole control, of Ally. 

 

	(b)	Upon Chrysler’s reasonable request, Ally will provide to Chrysler copies of Ally’s credit policies currently in effect at the time of the request.

 SECTION 8.2 Risks. 
  

	(a)	Subject to Ally’s credit policies and the terms below, Ally (as opposed to Chrysler) will provide any financing and funding for the Consumer Financing and
Dealer Financing services contemplated by this Agreement and will bear all risks in connection with these services, including credit risk and residual value risk, unless Ally and Chrysler expressly agree otherwise. 

 

	(b)	Any financing and funding by Ally for the Consumer Financing and Dealer Financing services contemplated by this Agreement will be on a non-recourse basis as to
Chrysler, excluding Chrysler’s vehicle repurchase obligations under this Agreement and/or applicable Law, and Chrysler will not bear the credit risk for the financing and funding, in each case unless otherwise mutually agreed
(e.g., in connection with a specific Subvention Program). 

  

 

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 17 

 SECTION 8.3 Organizational Set-up. In recognition of the fact that a long-term major customer
of Ally is a principal competitor of Chrysler, Ally will work with Chrysler in good faith to develop mutually agreeable customized service arrangements (collectively “Organizational Set-up”). 

 

	(a)	Ally and Chrysler will work in good faith to agree on a plan for implementing the Organizational Set-up, including milestones and “deliverables”, and
any cost-sharing. 

  

	(b)	As part of the Organizational Set-up efforts, Ally will transition to a dedicated Chrysler sales force in Ally’s metro markets and other regions, as agreed
by Ally and Chrysler, including any exceptions (e.g., multi-franchise operators). 

  

	(c)	As part of the Organizational Set Up Efforts, if Ally maintains a company car fleet for its employees, then Ally will use commercially reasonable efforts to
incorporate Chrysler motor vehicles into such fleet, and as to any such company car fleet. 

  

	 	(i)	Ally will use commercially reasonable efforts to have the proportion of Chrysler vehicles in any such fleet be at least proportional to the outstandings of
Ally’s Chrysler Retail Financing portfolio as compared with the Retail Financing portfolios of other OEMs, so long as Chrysler provides pricing discounts that are substantially similar to, or better than, its volume-incentive program in effect
as of June 30, 2010. 

  

	 	(ii)	Notwithstanding any contrary provision in this Agreement, Ally is not obligated to maintain a company car fleet for its employees. 

 

	(d)	Ally will use commercially reasonable efforts to provide the Consumer Financing, Dealer Financing, Remarketing, and Insurance services contemplated by this
Agreement using a name other than “GMAC”, in each case as soon as reasonably practical. 

 SECTION 8.4 [***].

 SECTION 8.5 Form of Customer Agreements. The form and content of all Dealer Financing, Consumer Financing, Remarketing,
Insurance and other agreements and documents with Chrysler Dealers and Chrysler Consumers are in Ally’s sole discretion and responsibility. 
 SECTION 8.6 [***]: 
  

	(a)	[***]. 

  

	(b)	[***]. 

 ARTICLE
IX    UNSECURED EXPOSURE CAP 
 SECTION 9.1 [***]. 

 
  

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 18 

	(a)	[***]. 

  

	(b)	[***]. 

  

	(c)	[***]. 

  

	(d)	[***]: 

  

	 	(i)	[***]. 

  

	 	(ii)	[***]. 

 ARTICLE
X    AUDITS BY THE PARTIES 
 SECTION 10.1 Review Rights. Upon at least three Business Days’ prior
notice from one party, the other party will provide reasonable access, during regular business hours, to its files, books, and records pertaining to the services contemplated by this Agreement for the purpose of confirming the other’s
compliance with this Agreement (“Compliance Review”). 
  

	(a)	Neither Ally nor Chrysler is entitled to perform a Compliance Review more than once in any six month period, except that if Chrysler breaches Section 3.3(b)
or 3.3(c), or if Ally breaches Section 3.5(a) or Section 8.6, then in each case the non-breaching party may perform a Compliance Review once every 30 days to audit compliance with those provisions but only until such time as a Compliance
Review demonstrates to the non-breaching party’s reasonable satisfaction that such breach has been cured. 

  

	(b)	Each Compliance Review will be limited in duration, manner, and scope reasonably necessary and appropriate to confirm compliance with this Agreement.

  

	(c)	Neither Ally nor Chrysler is obligated to provide any access or information, if it would violate any obligation of confidentiality or applicable Law or other
legal restriction, but in such cases the parties will reasonably cooperate to facilitate independent third party expert review, to the extent reasonably and legally possible, of any information relevant to any provisions of this Agreement that may
otherwise be subject to any such Law or other legal restriction. 

  

	(d)	Compliance Audits by either party must be conducted by individuals who have sufficient knowledge and expertise regarding the matters being audited.

  

	(e)	Neither Chrysler nor Ally is required to “train” the other’s auditors regarding the matters being audited. 

 
  

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 19 

 ARTICLE XI    INTELLECTUAL PROPERTY LICENSES 

SECTION 11.1 License of Ally Name, Logo, Trademark. Effective upon Ally’s notice to Chrysler, Ally hereby grants to Chrysler a
royalty-free, non-exclusive, non-transferable sublicense to use and display the “Ally” name, logo, and trademark, (individually and collectively “Ally Marks”) in performing the services contemplated by this Agreement and
otherwise in connection with Chrysler’s business related to Ally and/or Ally Bank (“Ally License”). 
  

	(a)	Chrysler will not, during the term of this Agreement or thereafter: 

 

	 	(i)	Attack the validity of the Ally Marks. 

  

	 	(ii)	Do or permit to be done any act or thing that will in any way impair the rights of Ally as to the Ally Marks. 

 

	 	(iii)	Attempt to register the Ally Marks alone or as part of its own trademarks. 

 

	 	(iv)	Use or attempt to register any marks confusingly similar to the Ally Marks. 

 

	(b)	Chrysler may sublicense its rights under this Agreement to use any of the Ally Marks for purposes related to the performance of its obligations under this
Agreement, but any such sublicense terminates upon the termination of this Agreement, except to the extent necessary to comply with Section 12.1(c) below. 

 

	(c)	Chrysler will use and display the Ally Marks only in the form, color, dimension, and manner approved by Ally. 

 

	(d)	The Ally License terminates when this Agreement expires or terminates, except to the extent necessary to comply with Section 12.1(c) below.

 SECTION 11.2 License of Chrysler Names, Logos, Trademarks. Chrysler hereby grants to Ally a royalty-free,
non-exclusive, non-transferable sublicense to use and display the “Chrysler”, “Dodge”, “Jeep”, “Mopar”, and “RAM” names, logos, and trademarks, and the Pentastar
logo and trademark, (individually and collectively “Chrysler Marks”) in performing its obligations under this Agreement and otherwise in connection with Ally’s business related to Chrysler (“Chrysler License”).

  

	(a)	Ally will not, during the term of this Agreement or thereafter: 

  

	 	(i)	Attack the validity of the “Chrysler” trademark. 

  

	 	(ii)	Do or permit to be done any act or thing which will in any way impair the rights of Chrysler as to any “Chrysler” trademark. 

 

	 	(iii)	Attempt to register “Chrysler” trademarks alone or as part of its own trademarks. 

 

	 	(iv)	Use or attempt to register any marks confusingly similar to any “Chrysler” trademark. 

 

	(b)	Ally will use and display the Chrysler Marks only in the form, color, dimension, and manner approved by Chrysler. 

 

	(c)	Ally may sublicense its rights under this Agreement to use any of the Chrysler Marks for purposes related to the performance of its obligations under this
Agreement, but any such sublicense terminates upon the termination of this Agreement, except to the extent necessary to comply with Section 12.1(c) below. 

 

	(d)	The Chrysler License terminates when this Agreement expires or terminates, except to the extent necessary to comply with Section 12.1(c) below.

  
 20 

 ARTICLE XII    TERM AND TERMINATION 

SECTION 12.1 Term and Termination. The initial term of this Agreement is four years starting April 30, 2009 and expiring
April 30, 2013, and the term renews automatically for successive one year terms, unless either Chrysler or Ally notifies the other in writing at least twelve months before the end of the Initial Term or any renewal term that it does not want to
renew the Agreement. 
  

	(a)	Notwithstanding the foregoing, the duration of Implementing Agreements will be governed by provisions concerning term and termination contained in such
Implementing Agreements. 

  

	(b)	This Agreement may be terminated as follows: 

  

	 	(i)	The non-breaching party may terminate this Agreement upon a breach by the other party that materially affects the non-breaching party reasonably anticipated
benefits under this Agreement, and such breach, if curable, is not cured within 30 days of receipt of written notice from the non-breaching party; 

  

	 	(ii)	Chrysler may terminate this Agreement at any time upon written notice to Ally, if Ally becomes, or if Ally Controls, is Controlled by, or is under common Control with,
an OEM that competes with Chrysler. This termination right will not be triggered solely by common Control attributable to Ally and such OEM currently, or during the term of this Agreement, being under the common Control of the United States
government or any part of the United States government (for example, if Ford Motor Company comes under United States government Control, that fact alone would not trigger Chrysler’s right to terminate this Agreement, but, for example, if
General Motors LLC were to acquire Control of Ally, that fact would trigger such right.) 

  

	 	(iii)	The parties may mutually agree to terminate this Agreement. 

  

	(c)	Upon the expiration or termination of this Agreement for any reason, Chrysler and Ally will: 

 

	 	(i)	To the extent reasonably requested by the other, fully cooperate in any transfer of any servicing functions contemplated by this Agreement to a third party; and

  

	 	(ii)	Complete performance of any pending, “in-progress” obligations according to such standards, including confidentiality, security and accuracy, as were
in effect under this Agreement prior to its termination and compensate each other for such services to the same extent as if such services had been performed during the Term of this Agreement. 

 

	(d)	The provisions of Article XIII and Article XIV survive the expiration or termination of this Agreement and remain in force and effect for three years following
such termination or expiration, and Section 4.4 survives the expiration or termination of this Agreement in accordance with Section 4.4(j). 

 ARTICLE XIII    INDEMNIFICATION, LIABILITIES, AND REMEDIES 
 SECTION
13.1 Indemnification. Recognizing that if Chrysler or Ally is the subject of a third party legal or enforcement action (regarding, for example in the case of Ally, credit decisions, credit documentation, and financing activities within
Ally’s responsibilities, and for example in the case of Chrysler, product warranty, product liability, and manufacturing and distribution activities within Chrysler’s responsibilities), the other may be named in the action also because of
the parties’ relationship under this Agreement: 
  

	(a)	 Chrysler and Ally, respectively, will indemnify the other party’s and the other party’s Subsidiaries; directors; officers; employees;
and representatives, in each case, in their capacities as such, against any and all damages, claims, causes of action, losses, and/or other liabilities incurred and arising from such party’s business or operations (i.e., in the case of
Ally where the liabilities are primarily and 

  
 21 

	 	 
traditionally are Ally’s as a financial services provider and in the case of Chrysler, where the liabilities are primarily and traditionally are Chrysler’s as a manufacturer), in each
case to the extent related to a third party legal or enforcement action (“Indemnifiable Claim”). 

  

	 	(i)	The party seeking indemnification (“Indemnitee”) must notify the other party of any third party action that may be an Indemnifiable Claim
brought against the Indemnitee as promptly as reasonably practical; however, any failure to provide such notice does not relieve the indemnifying party from its indemnity obligations under this Agreement. 

 

	 	(ii)	The party from whom indemnification is sought (“Indemnitor”) may assume full control of the defense of the Indemnifiable Claim.

  

	 	(iii)	If the Indemnitor does not assume control of the defense of the Indemnifiable Claim within a reasonable time of receiving notice of it from the Indemnitee and
Indemnitee is prejudiced by such delay, then the Indemnitee may assume control of the defense of it, with full recourse against the Indemnitor for all costs and expenses incurred in connection with the defense and/or settlement of the Indemnifiable
Claim. 

  

	 	(iv)	The Indemnitee and Indemnitor will reasonably cooperate with each other in defense of the Indemnifiable Claim, regardless of which party has assumed control of
the defense of it. 

  

	 	(v)	Neither the Indemnitee nor the Indemnitor may settle any third party claim related to the services provided under this Agreement without the prior written
consent of the other party, which will not be unreasonably withheld, and without obtaining the unconditional release of the other party from all liability to the third claimant(s). 

 

	(b)	If the indemnifiable damages, claims, causes of action, losses, and/or other liabilities arise out of the parties’ joint activities, then the parties will
apportion the damages, claims, causes of action, losses, and/or other liabilities in good faith and in a fair manner under the circumstances. 

 SECTION 13.2 Limitation on Liability. Neither party will be liable to the other party: 
  

	(a)	In tort, except for gross negligence or willful misconduct. 

  

	(b)	For equitable claims (but not including equitable remedies). 

  

	(c)	For claims arising out of any contract with any customer, dealer, or other third party or otherwise in connection with their relationship with such Persons.

 SECTION 13.3 Limitation on Damages. Neither party is liable under this Agreement for any: 

 

	(a)	Damages caused by a Force Majeure Condition as defined in Section 15.6 below; or 

 

	(b)	Indirect, incidental, consequential, or non-economic damages. 

 SECTION 13.4 Equitable Remedies. Nothing in this Agreement restricts either party’s ability to seek equitable remedies (as distinguished from claims), including specific performance of
a party’s obligations under this Agreement. 
 SECTION 13.5 Cumulative Remedies. Each party’s rights and remedies under,
and/or in connection with, this Agreement are cumulative and may be exercised singly, concurrently, and/or successively in the exercising party’s sole, absolute discretion. 

ARTICLE XIV    CONFIDENTIALITY 
 SECTION 14.1 Nondisclosure of Confidential Information. Neither party will use or disclose any Confidential Information of the other party or the terms of this Agreement, except: 

  
 22 

	(a)	To its Representatives who have agreed to comply with the nondisclosure and use restrictions of this Agreement, and then only to the extent reasonably necessary
for the disclosing party to perform its obligations under this Agreement or any Implementing Agreement. 

  

	(b)	To its Subsidiaries that do not compete with the other party; its board of directors; and/or its external auditors. 

 

	(c)	To the extent expressly consented to by the other party. 

  

	(d)	To the extent required to be disclosed by any of the following, but before making any such disclosure the disclosing party will notify the other party of any
such requirement to the extent legally permitted, so that such other party may seek an appropriate protective order at such other party’s sole cost and expense: 

 

	 	(i)	Order of a court of competent jurisdiction, administrative agency, or governmental body. 

 

	 	(ii)	By subpoena, summons, or other compulsory legal process. 

  

	 	(iii)	Law, regulation, or rule. 

  

	 	(iv)	In connection with any judicial or other adjudicatory proceeding in which Chrysler or Ally is a party. 

SECTION 14.2 Nondisclosure of Chrysler Dealer and Chrysler Consumer Information. Subject to Section 14.1(c) and 14.1(d) above, Ally
will not directly or indirectly share data about Chrysler Dealers or their customers with other OEMs, authorized vehicle distributors, or authorized vehicle dealers, absent the consent of Chrysler and the affected Chrysler Dealers or their customers
(as applicable), and will put in place appropriate safeguards to protect such information from unauthorized disclosure. 
  

	(a)	The foregoing restrictions do not apply to Ally’s “own experience” data about Chrysler Dealers or their customers or to data that is otherwise
public. 

  

	(b)	Upon termination of this Agreement, Ally and Chrysler will work in good faith to agree on parameters for sharing of information about Chrysler customers
contained in Ally’s customer database. 

 SECTION 14.3 Information Security. Chrysler and Ally will take
reasonably necessary technical and organizational precautions to ensure that each other’s Confidential Information is protected from unauthorized access, alteration, disclosure, erasure, manipulation and destruction by third parties while such
information is in its possession or control and will ensure that such information is not processed in other ways contradictory to privacy and/or data protection laws. 
  

	(a)	Upon written request, Chrysler and Ally will provide each other reasonable information regarding the processing of such information, including where and how such
information is stored, who has access to such information and why and what security measures are taken to ensure that such information is protected from unauthorized access, alteration, disclosure, erasure, manipulation and destruction while in its
possession or control. 

  

	(b)	Chrysler and Ally will maintain sufficient procedures to detect and respond to security breaches involving Confidential Information and will inform each other as
soon as practicable when either of them suspects or learns of malicious activity involving such Confidential Information, including an estimate of the activity’s effect on the other and the corrective action taken. 

SECTION 14.4 Data Privacy. Chrysler and Ally each will treat the other’s Confidential Personal Information confidentially and use or
disclose Confidential Personal Information only in connection with providing Consumer Financing Services and their other obligations under this Agreement. 
  

	(a)	 Chrysler and Ally each will restrict disclosure of Confidential Personal Information in their possession or control to their employees and/or
representatives who have a need to know such 

  
 23 

	 	 
information in connection with providing Consumer Financing Services and the performance of their respective obligations under this Agreement. 

 

	(b)	Unless otherwise prohibited by law, Chrysler and Ally each will immediately notify the other party of any legal process served on such party for the purpose of
obtaining Confidential Personal Information and, prior to disclosure of any Confidential Personal Information in connection with such process, use commercially reasonable efforts to give the other party adequate time to exercise its legal options to
prohibit or limit such disclosure. 

  

	(c)	Chrysler and Ally each will implement appropriate measures designed to meet the following objectives: 

 

	 	(i)	Ensure the security and confidentiality of Confidential Personal Information; 

 

	 	(ii)	Protect against any anticipated threats or hazards to the security or integrity of such information; and 

 

	 	(iii)	Protect against unauthorized access to or use of such information that could result in substantial harm or inconvenience to the person about whom the
Confidential Personal Information refers. 

  

	(d)	Within ten days following termination of this Agreement or ten days following the completion of a project for which the Confidential Personal Information has
been provided, whichever first occurs, upon the other party’s request, Chrysler or Ally, as the case may be, will: 

  

	 	(i)	Return the other party’s Confidential Personal Information to such other party; or 

 

	 	(ii)	Certify in writing to such other party that such Confidential Personal Information has been destroyed in such a manner that it cannot be retrieved.

  

	(e)	Chrysler and Ally will notify each other promptly upon the discovery of any loss, unauthorized disclosure, unauthorized access, or unauthorized use of the
other’s Confidential Personal Information and will indemnify the other party for such loss, unauthorized disclosure, unauthorized access or unauthorized use, including reasonable attorney fees in accordance with the terms and conditions of
Section 13.1 of this Agreement. 

 ARTICLE XV    MISCELLANEOUS 

SECTION 15.1 Representations and Warranties. Chrysler and Ally each hereby represent and warrant to the other that, as of the date of this
Agreement: 
  

	(a)	It is an entity duly organized, validly existing, and in good standing under the laws of the jurisdiction in which it was formed and has all requisite power and
authority to enter into and perform all of its obligations under this Agreement. 

  

	(b)	The execution, delivery and performance of this Agreement by it have been duly authorized by all requisite action on its part. 

 

	(c)	This Agreement constitutes a valid and binding obligation of it and is enforceable against it in accordance with its terms. 

 

	(d)	The execution and performance of this Agreement by it will not: 

  

	 	(i)	Violate any provision of applicable law. 

  

	 	(ii)	Conflict with the terms or provisions of its organizational or governance documents, or any other material instrument relating to the conduct of its business or
the ownership of its property. 

  

	 	(iii)	Conflict with any other material agreement to which it is a party or by which it is bound. 

  
 24 

	(e)	There are no actions, suits, proceedings or other litigation or governmental investigations pending or, to its knowledge, threatened, by or against it with
respect to this Agreement or in connection with the dealings contemplated by this Agreement. 

  

	(f)	There is no order, injunction, or decree outstanding against, or relating to, it that could reasonably be expected to have a material adverse effect upon its
ability to perform its obligations under this Agreement. 

 SECTION 15.2 No Waiver of Rights or Remedies. Any
forbearance, delay, or failure by Chrysler or Ally in exercising any of its respective rights or remedies does not constitute a waiver of such rights or remedies or of any existing or future default under this Agreement. 

SECTION 15.3 Dispute Resolution. Any dispute, controversy, claim, or disagreement arising from or in connection with this Agreement
(“Dispute”), will be exclusively governed by and resolved in accordance with the provisions of this Section 15.3, and except as provided in this Section 15.3, neither party will seek judicial relief of any Dispute.

  

	(a)	Any Dispute that cannot be resolved at the working level will, in the first instance, be submitted to each member of the Coordinating Committee before the next
scheduled Coordinating Committee meeting. 

  

	(b)	If at formal Coordinating Committee meeting or within ten business days thereafter (unless a different time is agreed to by the Coordinating Committee) the
Coordinating Committee is unable to resolve any such Dispute, the Dispute will immediately be escalated to the Ally President and the Chrysler Chief Financial Officer, or their designees for the particular matter, for resolution.

  

	(c)	Any Dispute that is not resolved by the Ally President and the Chrysler Chief Financial Officer (or their designees for the particular matter) within 30 days of
submission to them will immediately be escalated to the Ally Chief Executive Officer and Chrysler Chief Executive Officer. 

  

	(d)	If a Dispute is not resolved within 90 days of the date of escalation to the Ally President and Chrysler Chief Financial Officer, either party may pursue legal
remedies. 

  

	(e)	This Section 15.3 does not limit either party’s right to apply to a court of competent jurisdiction for equitable, provisional relief with respect to
any Dispute pending the resolution of the Dispute pursuant to this Section 15.3. 

 SECTION 15.4 Venue and Jury Trial
Waiver. Any suit, action, or proceeding brought by a party against the other party arising out of or relating to this Agreement or any transaction contemplated by it will be brought in any federal or state court located in the city, county,
and State of New York. 
  

	(a)	Each party hereby submits to the exclusive jurisdiction of any federal or state court located in the city, county, and State of New York for the purpose of any
such suit, action or proceeding. 

  

	(b)	Service of any process, summons, notice or document by registered mail to such party’s respective address set forth in this Agreement for notice will be
effective service of process for any action, suit or proceeding in the State of New York with respect to any matters to which it has submitted to jurisdiction in this Section. 

 

	(c)	Each of Ally and Chrysler, respectively, hereby irrevocably waives any and all right to trial by jury in any legal proceeding arising out of or relating to this
Agreement or the transactions contemplated by it. 

 SECTION 15.5 Notices. Except for notices, requests, and other
communications regarding operational matters (e.g., drafting authorizations, credit line suspension notices), which each party currently sends, and historically has sent, to individuals at the operational levels of the other party
(“Operational Notices”), all legal notices, requests, and other communications to either party required by or permitted under this Agreement (“Notices”) must be in writing, including facsimile transmittal, and sent
to the 

  
 25 

 
addresses indicated below, or at such other address to the attention of such other person as either party may designate by written notice to the other party: 

 

			
	To Chrysler:	  	To Ally:
	1000 Chrysler Drive	  	200 Renaissance Center
	Auburn Hills, MI 48326	  	Mail Code 482-B12-D11
	Attention: General Counsel	  	Detroit, MI 48265
	Facsimile: 248-512-1772	  	Attention: President
		  	Facsimile: 313-656-5202

  

	(a)	All Notices other than Operational Notices are deemed given and received as follows: 

 

	 	(i)	If given by mail or nationally recognized, reputable commercial delivery service: the second Business Day after the Notice is sent or the date the recipient
actually receives it. 

  

	 	(ii)	If given by facsimile or e-mail: when the facsimile or e-mail is transmitted to compatible equipment in the possession of the recipient and confirmation of
complete receipt is received by the sending party during normal business hours or on the next Business Day if not confirmed during normal business hours. 

  

	 	(iii)	If given by hand delivery against a receipted copy: when the copy is receipted 

 

	(b)	Operational Notices may be given in any manner consistent with ordinary commercial practices, including telephone, e-mail, and/or facsimile.

 SECTION 15.6 Force Majeure. Neither Chrysler nor Ally is liable for a delay in performance or failure to perform
any obligation under this Agreement to the extent such delay is due to causes beyond its control and is without its fault or negligence, including, natural disasters, governmental regulations or orders, civil disturbance, war conditions, acts of
terrorism or strikes, lock-outs or other labor disputes (“Force Majeure Condition”). The performance of any obligation suspended due to a Force Majeure Condition will resume as soon as reasonably possible as and when the Force
Majeure Condition subsides. 
 SECTION 15.7 Relationship of the Parties. Nothing contained in this Agreement creates or will be
construed as creating a joint venture, association, partnership, franchise, or agency relationship between Chrysler and Ally. 
 SECTION 15.8
Severability. If a court of competent jurisdiction holds that any part of this Agreement is invalid or unenforceable under applicable law, all other parts remain valid and enforceable. 

SECTION 15.9 Assignment. Neither Chrysler nor Ally may assign this Agreement in whole or in part without the other party’s prior
express written. 
 SECTION 15.10 Miscellaneous. This Agreement: 

 

	(a)	May be changed only by a writing signed by both parties. 

  

	(b)	Binds, and inures to the benefit of the parties’ respective successors and assigns. 

 

	(c)	Is not intended to, and does not, create any rights in any third party. 

  

	(d)	May be signed in one or more counterparts, each of is deemed an original, and all of which taken together constitute one and the same agreement.

  

	(e)	Is governed by, and construed in accordance with, the laws of New York, without regard to its conflict of laws principles. 

  
 26 

	(f)	Constitutes the entire agreement of the parties regarding its subject matter and supersedes any and all prior oral or written agreements or understandings (each
of the Service Provider Agreement and related confidentiality side letter agreement, each dated March 9, 2010, between Chrysler and Ally; the Marketing Agreement between GMAC Risk Services Inc. and Chrysler; and guaranties of dealership
obligations that Chrysler signed in favor of Ally, are separate agreements and are not affected by this Section 15.10(f)). 

  

			
	ALLY FINANCIAL INC.	  	CHRYSLER GROUP LLC
		
	Signature:         /s/ William F.
Muir                        	  	Signature:         /s/ Richard
Palmer                        
		
	By (print name):     William F.
Muir                      	  	By (print name):     Richard
Palmer                      
		  	
		
	Title:
    President                                   
                 	  	 Title:   Senior Vice President
and                        
             Chief Financial
Officer                              

		  	
		
	Date:                             
                                         
  	  	Date:                             
                                         
  

  
 27 

 EXHIBIT A—FORM OF OPT-IN AGREEMENT 

To: [Ally/Chrysler] 
 Ally Financial Inc.
(“Ally”) and Chrysler Group LLC (“Chrysler”) have entered into the Auto Finance Operating Agreement (“Operating Agreement”) under which Ally provides certain services to Chrysler. [insert subsidiary name]
(“Subsidiary”) desires to enjoy the rights and benefits under and flowing from the Operating Agreement. Therefore, Subsidiary hereby adopts for itself, and binds itself to, all of the terms and conditions of the Operating Agreement and any
amendments thereto executed by Ally and Chrysler, with or without prior consultation with Subsidiary, as though Subsidiary is an original party to the Operating Agreement, with the exceptions as specified below. Upon opting in to the Agreement, as
to “Subsidiary”, references to “Chrysler” or “Ally”, as applicable, in the Agreement refer to Subsidiary, and references to “party” refer to “Subsidiary”. Subsidiary agrees that it may not do either
of the following absent Ally’s and Chrysler’s prior written consent: 
  

	 	1.	Assign this Opt-in Agreement, or the rights and obligations under it or the Operating Agreement, to anyone; or 

 

	 	2.	Terminate this Opt-in Agreement. 

Exceptions required by local legal requirements and commercial practice: 
 [insert, if any] 
 This Opt-in Agreement is effective upon the occurrence of all of the following:

  

	 	1.	Execution of this Opt-in Agreement by Subsidiary; and 

  

	 	2.	Acceptance of any exceptions by [Ally/Chrysler]. 

[insert subsidiary name] 

By:                        
                                        

Title:                        
                                     

Date:                        
                                     

Exceptions accepted by Ally 

By:                        
                                        

Title:                        
                                     

Date:                        
                                     

 

  
 28 

 EXHIBIT B—STEADY STATE GUIDELINES 

[***] 
  

 

	***	Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and
is the subject of a confidential treatment request. 

  
 29 

 EXHIBIT C— Pre-existing Ally-Financed Dealers 

[Omitted] 

  
 30

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