Document:

Severance Agreement of Keith R. Style, dated August 1, 2006

 Exhibit 10.12 
 SEVERANCE PAY AGREEMENT 
 FOR KEY EMPLOYEE 
 Reference is made to that certain agreement (the “Agreement”) entered into as of August 1, 2006 between Asbury Automotive Group, Inc. and its
subsidiaries and affiliates (“Asbury”) and Keith Style (“Executive”), a key employee of Asbury, which provides for an agreed-upon compensation in the event that there is a Termination (as defined below) of
Executive’s employment with Asbury. The parties hereto agree to amend and restate such Agreement as hereinafter provided. 
  

	 	1.	Severance Pay Arrangement 

 If a Termination (as
defined below) of Executive’s employment occurs at any time during Executive’s employment, Asbury will pay Executive 6 months of Executive’s base salary as of the date of Termination as Severance Pay. Payment (subject to required
withholding) will be made by Asbury to Executive monthly on the regular payroll dates of Asbury starting with the date of Termination. 
 If
Executive participates in a bonus compensation plan at the date of Termination, Severance Pay will also include a portion of the target bonus for the year of Termination in an amount equal to the target bonus multiplied by the percentage of such
year that has expired through the date of Termination. 
 In addition, for 6 months following the date of Termination, Executive shall be
entitled to continue to participate at the same level of coverage and Executive contribution in any health and dental insurance plans, as may be amended from time to time, in which Executive was participating immediately prior to the date of
Termination. Such participation will terminate 30 days after Executive has obtained other employment under which Executive is covered by equal benefits. The Executive agrees to notify Asbury promptly upon obtaining such other employment. At the end
of 12 months, Employee, at his or her option, may elect to obtain COBRA coverage in accordance with the terms and conditions of applicable law and Asbury’s standard policy. 
 Notwithstanding anything herein to the contrary, if Executive is determined to be a “specified employee” within the meaning of
Section 409A of the Internal Revenue Code of 1986, as amended the (“Code”) and if one or more of the payments or benefits to be received by Executive pursuant to this Agreement would be considered deferred compensation subject
to Section 409A of the Code, then no such payment shall be made or benefit provided until six (6) months following Executive’s date of Termination. 
  

	 	2.	Change of Control Arrangement 

 In the event that a
Termination occurs at any time within two years after a Change of Control, then (1) the term “6 months” in the first and third paragraphs of Section 1 of this agreement shall be replaced with “12 months”, and
(2) the term “6 months” in Section 5 and Section 6 of this agreement shall be replaced with “one year”. For purposes of this Section, “Change of Control” shall having the meaning ascribed to such term in
Asbury’s 2002 Stock Option Plan, as such plan may be amended from time to time. 
  

	 	3.	Definition of Termination Triggering Severance Pay 

 A “Termination” triggering the Severance Pay set forth above in Section 1 is defined as a termination of Executive’s employment with Asbury (1) by Asbury without “cause”, or (2) by Executive
because of (x) a material change in the geographic location at which Executive must perform Executive’s services (which shall in no event include a relocation of Executive’s current principal place of business to a location less than
50 miles away), (y) a material diminution in Executive’s base compensation, or (z) a material diminution in Executive’s authority, duties, or responsibilities. For avoidance of doubt, a “Termination” shall not include a
termination of Executive’s employment by Asbury for “cause” or due to Executive’s, death, disability, retirement or voluntary resignation. 

 For the purposes of this Agreement, the definition of “cause” is:
(a) Executive’s gross negligence or serious misconduct (including, without limitation, any criminal, fraudulent or dishonest conduct) that is or may be injurious to Asbury; or (b) Executive being convicted of, or entering a plea of
nolo contendere to, any crime that constitutes a felony or involves moral turpitude; or (c) Executive’s breach of Sections 3, 4 or 5 below; or (d) Executive’s willful and continued failure to perform Executive’s duties on
behalf of Asbury; or (e) Executive’s material breach of a written policy of Asbury. For purposes of this Agreement, the definition of “disability” is a physical or mental disability or infirmity that prevents the
performance by Executive of his or her duties lasting (or likely to last, based on competent medical evidence presented to Asbury) for a continuous period of six months or longer. 
 “Change of Control” is defined in accordance with the definition of such term in Asbury’s 2002 Equity Incentive Plan, as such plan
may be amended from time to time. 
  

	 	4.	Confidential Information and Nondisclosure Provision 

 As a condition to the receipt of the Severance Pay payments and benefits described in Section 1 above, during and after employment with Asbury, Executive shall agree not to disclose to any person (other than to an employee or director
of Asbury, or to Asbury’s attorneys, accountants and other advisors or except as may be required by law) and not use to compete with Asbury any confidential or proprietary information, knowledge or data that is not in the public domain that was
obtained by Executive while employed by Asbury regarding Asbury or any products, improvements, customers, methods of distribution, sales, prices, profits, costs, contracts, suppliers, business prospects, business methods, techniques, research, trade
secrets or know-how of Asbury (collectively, “Confidential Information”). In the event that Executive’s employment terminates for any reason, Executive will deliver to Asbury on or before the date of Termination all documents
and data of any nature pertaining to Executive’s work with Asbury and will not take any documents or data or any reproduction, or any documents containing or pertaining to any Confidential Information. Executive agrees that in the event of a
breach by Executive of this provision, Asbury shall be entitled to inform all potential or new employers of such breach and to cease payments and benefits that would otherwise be made pursuant to Section 1 above, as well as to obtain injunctive
relief and damages which may include recovery of amounts paid to Executive under this Agreement. 
  

	 	5.	Non-Solicitation of Employees 

 As a condition to
the receipt of the Severance Pay payments and benefits described in Section 1 above, Executive agrees that during employment with Asbury and for 6 months following termination of Executive’s employment for any reason, Executive shall not
directly or indirectly solicit for employment or employ any person who, at any time during the 12 months preceding the last day of Executive’s employment, is or was employed by Asbury or induce or attempt to persuade any Executive of Asbury to
terminate their employment relationship. Executive agrees that in the event of a breach by Executive of this provision, Asbury shall be entitled to inform all potential or new employers of such breach and to cease payments and benefits that would
otherwise be made pursuant to Section 1 above, as well as to obtain injunctive relief and damages which may include recovery of amounts paid to Executive under this Agreement. 
  

	 	6.	Covenant Not to Compete 

 As a condition to the
receipt of the Severance Pay payments and benefits described in Section 1 above, while Executive is employed by Asbury and for 6 months following termination of Executive’s employment for any reason (subject to the next paragraph),
Executive shall not directly or indirectly engage in, participate in, represent or be connected with in any way, as an officer, director, partner, owner, employee, agent, independent contractor, consultant, proprietor or stockholder (except for the
ownership of a less than 5% stock interest in a publicly-traded corporation) or otherwise, any business or activity which competes with the business of Asbury unless expressly consented to in writing by the Chief Executive Officer of Asbury
(collectively, “Covenant Not To Compete”). 

 In the event that Executive’s employment ends for any reason, the provisions of the Covenant Not To
Compete shall remain in effect for 6 months following the date of Termination except that the prohibition above on “any business or activity which competes with the business of Asbury” shall be limited to AutoNation, Inc., Sonic
Automotive, Inc., Lithia Motors, Inc., Penske Automotive Group, Inc., f/k/a/ United Auto Group, Inc., Group One Automotive Inc., and other competitive groups of similar size. Executive shall disclose in writing to Asbury the name, address and type
of business conducted by any proposed new employer of Executive if requested in writing by Asbury. Executive agrees that in the event of a breach by Executive of this Covenant Not To Compete, Asbury shall be entitled to inform all potential or new
employers of such breach and to cease payments and benefits that would otherwise be made pursuant to Section 1 above, as well as to obtain injunctive relief and damages which may include recovery of amounts paid to Executive under this
Agreement. 
 GENERAL PROVISIONS 
  

	A.	Employment is At Will 

 Executive and Asbury
acknowledge and agree that Executive is an “at will” employee, which means that either Executive or Asbury may terminate the employment relationship at any time, for any reason, with or without cause or notice, and that nothing in this
Agreement shall be construed as an express or implied contract of employment. 
  

	B.	Execution of Release 

 As a condition to the receipt
of the Severance Pay payments and benefits described in Section 1 above, Executive agrees to execute a release of all claims arising out of Executive’s employment or Termination including but not limited to any claim of discrimination,
harassment or wrongful discharge under local, state or federal law. 
  

	C.	Alternative Dispute Resolution 

 Any disputes
arising under or in connection with this Agreement shall be resolved by binding arbitration before an arbitrator (who shall be an attorney with at least ten years’ experience in employment law) in the city where Executive is located and in
accordance with the rules and procedures of the American Arbitration Association. Each party may choose to retain legal counsel and shall pay its own attorneys’ fees, regardless of the outcome of the arbitration. Executive may be required to
pay a filing fee limited to the equivalent cost of filing in the court of jurisdiction. Asbury will pay the fees and costs of conducting the arbitration. Judgment upon the award rendered by the arbitrator may be entered in any court of jurisdiction.

  

	D.	Other Provisions 

 This Agreement shall be binding
upon the heirs, executors, administrators, successors and assigns of Executive and Asbury, including any successor to Asbury. 
 The
provisions of Sections 3, 4 and 5 shall survive the termination of this Agreement. 
 The headings and captions are provided for reference
and convenience only and shall not be considered part of this Agreement. 
 Any notice or other communication required or permitted to be
delivered under this Agreement shall be (i) in writing, (ii) delivered personally, by nationally recognized overnight courier service or by certified or registered mail, first-class postage prepaid and return receipt requested,
(iii) deemed to have been received 

 
on the date of delivery or on the third business day after mailing, and (iv) addressed as follows (or to such other address as the party entitled to
notice shall later designate in accordance with these terms): 
  

			
	 If to Asbury:
	  	 Asbury Automotive Group, Inc.
 c/o General
Counsel
 622 3rd Avenue,
 37th floor
 New York, New York 10017

		
	 If to Executive:
	  	 To the most recent address of Executive set forth in the
 personnel records of Asbury.

 This Agreement supersedes any and all agreements between Asbury and Executive relating to payments
upon Termination of employment or Severance Pay and may only be modified in a writing signed by Asbury and Executive. 
 This Agreement shall
be governed by and construed in accordance with the laws of the State of New York. 
 All payments hereunder shall be subject to any required
withholding of federal, state, local and foreign taxes pursuant to any applicable law or regulation. 
 If any provision of this Agreement
shall be held invalid or unenforceable, such holding shall not affect any other provisions, and this Agreement shall be construed and enforced as if such provisions had not been included. No provision of this Agreement shall be waived unless the
waiver is agreed to in writing and signed by Executive and the Chief Executive Officer of Asbury. No waiver by either party of any breach of, or of compliance with, any condition or provision of this Agreement by the other party shall be considered
a waiver of any other condition or provision or of the same condition or provision at another time. 
 The parties hereto acknowledge and
agree that, to the extent applicable, this Agreement shall be interpreted in accordance with, and incorporate the terms and conditions required by, Section 409A of the Code and the Department of Treasury regulations and other interpretive
guidance issued thereunder. Notwithstanding any provision of this Agreement to the contrary, in the event that Asbury determines that any amounts payable hereunder will be immediately taxable to Executive under Section 409A of the Code and
related Department of Treasury guidance, Asbury and Executive shall cooperate in good faith to (x) adopt such amendments to this Agreement and appropriate policies and procedures, including amendments and policies with retroactive effect, that
they mutually determine to be necessary or appropriate to preserve the intended tax treatment of the benefits provided by this Agreement, to preserve the economic benefits of this Agreement and to avoid less favorable accounting or tax consequences
for Asbury and/or (y) take such other actions as mutually determined to be necessary or appropriate to exempt the amounts payable hereunder from Section 409A of the Code or to comply with the requirements of Section 409A of the Code
and thereby avoid the application of penalty taxes thereunder. 
 [Remainder of Page Intentionally Left Blank] 

 This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original but all of
which together will constitute one and the same instrument. 
  

					
	AGREED TO AS OF FEBRUARY 28, 2008:	 		 	
			
	BY EXECUTIVE:	 		 	BY ASBURY:
			
		 		 	ASBURY AUTOMOTIVE GROUP, INC.
			
	/s/ Keith Style	 		 	/s/ Philip R. Johnson
	Print Name:	 		 	Print Name and Title:
			
	Keith Style	 		 	 Philip R. Johnson
 Vice President, Human ResourcesModification Number One to Master Loan Agreement dated as of December 1, 2008

 Exhibit 10.48 
 MODIFICATION NUMBER ONE 
 TO MASTER LOAN AGREEMENT 
 THIS MODIFICATION NUMBER ONE TO MASTER LOAN AGREEMENT (the “Agreement”), dated as of December 1, 2008 between NP FLM L.L.C., a Delaware
limited liability company, PREMIER NSN L.L.C., a Delaware limited liability company, ASBURY ATLANTA JAGUAR L.L.C., a Delaware limited liability company, ASBURY ATLANTA LEX L.L.C., a Delaware limited liability company, CN MOTORS, LTD., a Florida
limited partnership, C&O PROPERTIES, LTD., a Florida limited partnership, CFP MOTORS, LTD., a Florida limited partnership, AVENUES MOTORS, LTD., a Florida limited partnership, AF MOTORS, L.L.C., a Delaware limited liability company, ALM MOTORS,
L.L.C., a Delaware limited liability company, ASBURY-DELAND IMPORTS, L.L.C., a Delaware limited liability company, COGGIN CHEVROLET L.L.C., a Delaware limited liability company, COGGIN CARS L.L.C., a Delaware limited liability company, CH MOTORS,
LTD., a Florida limited partnership, HFP MOTORS L.L.C., a Delaware limited liability company, CROWN GPG L.L.C., a Delaware limited liability company, CROWN CHV L.L.C., a Delaware limited liability company, CROWN GHO L.L.C., a Delaware limited
liability company, CROWN GDO L.L.C., a Delaware limited liability company, CROWN RIB L.L.C., a Delaware limited liability company, CROWN MOTORCAR COMPANY L.L.C., a Delaware limited liability company, ASBURY AUTOMOTIVE ATLANTA L.L.C., a Delaware
limited liability company, MCDAVID IRVING-HON, L.L.C., a Delaware limited liability company, MCDAVID PLANO-ACRA, L.L.C., a Delaware limited liability company, MCDAVID AUSTIN-ACRA, L.L.C., a Delaware limited liability company, MCDAVID HOUSTON-HON,
L.L.C., a Delaware limited liability company, MCDAVID HOUSTON-NISS, L.L.C., a Delaware limited liability company and ASBURY AUTOMOTIVE TEXAS REAL ESTATE HOLDINGS L.L.C., a Delaware limited liability company (each referred to herein individually and
collectively as “Borrower”), and WACHOVIA BANK, NATIONAL ASSOCIATION, a national banking association (together with its successors and assigns, “WBNA”) and WACHOVIA FINANCIAL SERVICES, INC., a North Carolina corporation (together
with its successors and assigns, “WFSI”) (WBNA and WFSI referred to herein individually and collectively as “Lender”). 
 RECITALS 
 A. Lender is the holder of certain Notes, as modified from time to time, executed and delivered by Borrower and
certain other loan documents, including without limitation, a Master Loan Agreement, dated as of June 4, 2008, as modified from time to time (the “Loan Agreement”). 
 B. Borrower and Lender have agreed to modify the terms of the Loan Agreement as set forth herein. 
 In consideration of Lender’s continued extension of credit and the agreements contained herein, the parties agree as follows: 
 AGREEMENT 
 ACKNOWLEDGMENT OF
BALANCE. Borrower acknowledges that the most recent Commercial Loan Invoices sent to Borrower with respect to the Obligations under each Note is correct. 
 DEFINITIONS. Terms used in this Agreement which are capitalized and not otherwise defined herein shall have the meanings ascribed to such terms in the Loan Agreement. 

 MODIFICATIONS. 
  

	1.	Section 1.1 “Defined Terms” of the Loan Agreement is hereby amended as follows: 

 (a) The definition of “Bridge Loan” or “Bridge Loans” is hereby deleted in its entirety and the following new definition of
“Bridge Loan” or “Bridge Loans” is hereby substituted in lieu thereof: 
 “‘Bridge Loan’ or
‘Bridge Loans’ means the term loans made by WBNA to Bridge Loan Borrower as provided in Section 2.1.1 hereof.” 
 (b) The definition of “Bridge Loan Maturity Date” is hereby deleted in its entirety and the following new definition of “Bridge Loan Maturity Date” is hereby substituted in lieu thereof: 
 “‘Bridge Loan Maturity Date’ means April 30, 2009.” 
 (c) The definition of “Tenant” is hereby deleted in its entirety and the following new definition of “Tenant” is hereby substituted
in lieu thereof: 
 “‘Tenant’ means each, any and all tenants under a Lease for any Property.” 
  

	2.	Exhibit A-3 of the Loan Agreement is hereby amended by deleting the reference therein to “9401 Atlantic Boulevard, Jacksonville, Duval County, Florida”.

 FACILITY FEE. In connection with the extension of the Bridge Loans, Borrower shall pay to Lender contemporaneously with the execution
hereof a non-refundable, fully earned facility fee in the aggregate amount of $7,990.00. 
 ACKNOWLEDGMENTS AND REPRESENTATIONS. Borrower acknowledges
and represents that the Note, the Loan Agreement and other Loan Documents, as amended hereby, are in full force and effect without any defense, counterclaim, right or claim of set-off; that, after giving effect to this Agreement, no Event of Default
under the Loan Documents has occurred, all representations and warranties contained in the Loan Documents are true and correct as of this date, all necessary action to authorize the execution and delivery of this Agreement has been taken; and this
Agreement is a modification of an existing obligation and is not a novation. 
 COLLATERAL. Borrower acknowledges and confirms that there have been no
changes in the ownership of any Collateral since the Collateral was originally pledged; Borrower acknowledges and confirms that the Lender has existing, valid first priority security interests and liens in the Collateral; and that such security
interests and liens shall secure Borrower’s Obligations, including any modification of the Note or Loan Agreement, if any, and all future modifications, extensions, renewals and/or replacements of the Loan Documents. 
 MISCELLANEOUS. This Agreement shall be construed in accordance with and governed by the laws of the Jurisdiction as originally provided in the Loan Documents,
without reference to the Jurisdiction’s conflicts of law principles. This Agreement and the other Loan Documents constitute the sole agreement of the parties with respect to the subject matter thereof and supersede all oral negotiations and
prior writings with respect to the subject matter thereof. No amendment of this Agreement, and no waiver of any one or more of the provisions hereof shall be effective unless set forth in writing and signed by the parties hereto. The illegality,
unenforceability or inconsistency of any provision of this Agreement shall not in any way affect or impair the legality, enforceability or consistency of the remaining provisions of this Agreement or the other Loan Documents. This Agreement and the
other Loan Documents are intended to be consistent. However, in the event of any inconsistencies among this Agreement and any of the Loan Documents, the terms of this Agreement, and then the Loan Agreement, shall control. This Agreement may be
executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed an original and all of which when taken together shall constitute but one and the same
instrument. Any signature delivered by a party by facsimile transmission shall be deemed to be an original signature hereto. LIMITATION ON LIABILITY; WAIVER OF PUNITIVE DAMAGES. EACH OF THE PARTIES HERETO, INCLUDING LENDER BY ACCEPTANCE
HEREOF, AGREES THAT IN ANY JUDICIAL, MEDIATION OR 

 
ARBITRATION PROCEEDING OR ANY CLAIM OR CONTROVERSY BETWEEN OR AMONG THEM (A “DISPUTE”) THAT MAY ARISE OUT OF OR BE IN ANY WAY CONNECTED WITH THIS
AGREEMENT, THE LOAN DOCUMENTS OR ANY OTHER AGREEMENT OR DOCUMENT BETWEEN OR AMONG THEM OR THE OBLIGATIONS EVIDENCED HEREBY OR RELATED HERETO, IN NO EVENT SHALL ANY PARTY HAVE A REMEDY OF, OR BE LIABLE TO THE OTHER FOR, (A) INDIRECT, SPECIAL OR
CONSEQUENTIAL DAMAGES OR (B) PUNITIVE OR EXEMPLARY DAMAGES. EACH OF THE PARTIES HEREBY EXPRESSLY WAIVES ANY RIGHT OR CLAIM TO PUNITIVE OR EXEMPLARY DAMAGES THEY MAY HAVE OR WHICH MAY ARISE IN THE FUTURE IN CONNECTION WITH ANY SUCH PROCEEDING,
CLAIM OR CONTROVERSY, WHETHER THE DISPUTE IS RESOLVED BY ARBITRATION, MEDIATION, JUDICIALLY OR OTHERWISE. Final Agreement. This Agreement and the other Loan Documents represent the final agreement between the parties and may not be
contradicted by evidence of prior, contemporaneous or subsequent oral agreements of the parties. There are no unwritten oral agreements between the parties. 
 ARBITRATION. Upon demand of any party hereto, whether made before or after institution of any judicial proceeding, any claim or controversy arising out of or relating to the Loan Documents between parties hereto shall be resolved by
binding arbitration conducted under and governed by the Commercial Financial Disputes Arbitration Rules (the “Arbitration Rules”) of the American Arbitration Association (the “AAA”) and the Federal Arbitration Act. Disputes may
include, without limitation, tort claims, counterclaims, a dispute as to whether a matter is subject to arbitration, or claims arising from documents executed in the future, but shall specifically exclude claims brought as or converted to class
actions. A judgment upon the award may be entered in any court having jurisdiction. Notwithstanding the foregoing, this arbitration provision does not apply to disputes under or related to swap agreements. Special Rules. All arbitration
hearings shall be conducted in Charlotte, North Carolina. A hearing shall begin within 90 days of demand for arbitration and all hearings shall conclude within 120 days of demand for arbitration. These time limitations may not be extended unless a
party shows cause for extension and then for no more than a total of 60 days. The expedited procedures set forth in Rule 51 et seq. of the Arbitration Rules shall be applicable to claims of less than $1,000,000.00. Arbitrators shall be
licensed attorneys selected from the Commercial Financial Dispute Arbitration Panel of the AAA. The parties do not waive applicable Federal or state substantive law except as provided herein. Preservation and Limitation of Remedies.
Notwithstanding the preceding binding arbitration provisions, the parties agree to preserve, without diminution, certain remedies that any party may exercise before or after an arbitration proceeding is brought. The parties shall have the right to
proceed in any court of proper jurisdiction or by self-help to exercise or prosecute the following remedies, as applicable: (a) all rights to foreclose against any real or personal property or other security by exercising a power of sale or
under applicable law by judicial foreclosure including a proceeding to confirm the sale; (b) all rights of self-help including peaceful occupation of real property and collection of rents, set-off, and peaceful possession of personal property;
(c) obtaining provisional or ancillary remedies including injunctive relief, sequestration, garnishment, attachment, appointment of receiver and filing an involuntary bankruptcy proceeding; and (d) when applicable, a judgment by confession
of judgment. Any claim or controversy with regard to any party’s entitlement to such remedies is a Dispute. Waiver of Jury Trial. THE PARTIES ACKNOWLEDGE THAT BY AGREEING TO BINDING ARBITRATION THEY HAVE IRREVOCABLY WAIVED ANY RIGHT THEY
MAY HAVE TO JURY TRIAL WITH REGARD TO A DISPUTE. 
 [Signatures on following page] 

 IN WITNESS WHEREOF, the parties hereto have caused this Modification Number One to Master Loan
Agreement to be duly executed under seal as of the day and year first above written. 
  

					
	Property 1	 	CH MOTORS, LTD., a Florida limited partnership
			
		 	By: 	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
	Property 2	 	CN MOTORS, LTD., a Florida limited partnership
			
		 	By:	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
	Property 3	 	C&O PROPERTIES, LTD., a Florida limited partnership
	BRIDGE	 	
		 	By:	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
	Property 4	 	COGGIN CARS L.L.C., a Delaware limited liability company
			
		 	By:	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
	Property 5	 	COGGIN CHEVROLET L.L.C., a Delaware limited liability company
			
		 	By:	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
	Property 6	 	AVENUES MOTORS, LTD., a Florida limited partnership
			
		 	By:	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
	Property 7	 	AF MOTORS, L.L.C., a Delaware limited liability company
			
		 	By: 	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
		 	And
		
		 	ALM MOTORS, L.L.C., a Delaware limited liability company
			
		 	By: 	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President

 [Signatures continue on following page] 

					
	Property 8	 	ASBURY-DELAND IMPORTS, L.L.C., a Delaware limited liability company
			
		 	By:	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
	Property 9	 	HFP MOTORS L.L.C., a Delaware limited liability company
			
		 	By:	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
	Property 10	 	CFP MOTORS, LTD., a Florida limited partnership
			
		 	By:	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
	Property 11	 	CROWN GHO L.L.C., a Delaware limited liability company
			
		 	By:	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
	Property 12	 	CROWN GDO L.L.C., a Delaware limited liability company
			
		 	By: 	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
	Property 13	 	CROWN GPG L.L.C., a Delaware limited liability company
			
		 	By:	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
	 Property 14
 BRIDGE
	 	CROWN CHV L.L.C., a Delaware limited liability company
			
		 	By:	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
	Property 15	 	CROWN RIB L.L.C., a Delaware limited liability company
			
		 	By:	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
	Property 16	 	CROWN MOTORCAR COMPANY L.L.C., a Delaware limited liability company
			
		 	By:	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President

 [Signatures continue on following page] 

					
	Property 17	 	ASBURY ATLANTA LEX L.L.C., a Delaware limited liability company
			
		 	By:	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
	Property 18	 	ASBURY ATLANTA JAGUAR L.L.C., a Delaware limited liability company
			
		 	By: 	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
	Property 19	 	PREMIER NSN L.L.C., a Delaware limited liability company
			
		 	By:	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
	Property 20	 	NP FLM L.L.C., a Delaware limited liability company
			
		 	By:	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
	Property 21	 	ASBURY AUTOMOTIVE ATLANTA L.L.C., a Delaware limited liability company
			
		 	By:	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
	Property 22 and 23	 	MCDAVID IRVING-HON, L.L.C., a Delaware limited liability company
			
		 	By:	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
	Property 24	 	ASBURY AUTOMOTIVE TEXAS REAL ESTATE HOLDINGS L.L.C., a Delaware limited liability company
			
		 	By:	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
	Property 25	 	MCDAVID PLANO-ACRA, L.L.C., a Delaware limited liability company
			
		 	By: 	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
	Property 26, 30, 31 and 32	 	MCDAVID HOUSTON-HON, L.L.C., a Delaware limited liability company
			
		 	By:	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President

 [Signatures continue on following page] 

					
	Property 27 and 29	 	MCDAVID HOUSTON-NISS, L.L.C., a Delaware limited liability company
			
		 	By:	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
	Property 28	 	MCDAVID AUSTIN-ACRA, L.L.C., a Delaware limited liability company
			
		 	By:	 	  /s/ Craig Monaghan
		 		 	Craig Monaghan, its Vice President
		
		 	Accepted in Winston-Salem, North Carolina:
		
		 	WACHOVIA BANK, NATIONAL ASSOCIATION
			
		 	By:	 	  /s/ Michael R. Burkitt
		 		 	Michael R. Burkitt, Senior Vice President
		
		 	WACHOVIA FINANCIAL SERVICES, INC.
			
		 	By:	 	  /s/ Michael R. Burkitt
		 		 	Michael R. Burkitt, Senior Vice President

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