Document:

EX-10.5

 Exhibit 10.5 
 AMENDED AND RESTATED REVOLVING PROMISSORY NOTE 
 OF 

AUTOTRADER.COM, INC. 
 ISSUED TO 
 COX ENTERPRISES, INC. 

December 15, 2010 
 FOR VALUE RECEIVED, AUTOTRADER.COM, INC., a Delaware corporation (“Maker”), promises to pay to COX ENTERPRISES, INC., a Delaware corporation, or its successors and assigns (collectively
with such successors and assigns, “Payee”), in lawful money of the United States of America, that certain amount owing by Maker to Payee from time to time pursuant to the Cash Management Agreement (as such term is defined below) as
such amount may be adjusted from time to time pursuant to the Cash Management Agreement, together with interest in arrears accruing from the date hereof on the unpaid principal balance hereof from time to time at a variable rate equal to the
Reference Rate (as such term is defined below), as adjusted from time to time, and in the manner set forth below and in the Cash Management Agreement. Maker is delivering this Amended and Restated Revolving Promissory Note in connection with the
Amended and Restated Cash Management Agreement with Revolving Credit Facility dated as of December 15, 2010 by and between Maker and Payee (the “Cash Management Agreement”), and the terms and conditions of the Cash Management
Agreement are incorporated herein by reference. To the extent of any inconsistency between the terms and provisions of this Amended and Restated Revolving Promissory Note and the Cash Management Agreement, the terms and provisions of the Cash
Management Agreement shall govern this Amended and Restated Revolving Promissory Note. For the avoidance of doubt, amounts owing by Maker to Payee pursuant to the Cash Management Agreement and any amount outstanding under this Amended and Restated
Revolving Promissory Note represent the same obligation of Maker to Payee. 
 This Amended and Restated
Revolving Promissory Note is an amendment and restatement of the Revolving Promissory Note, dated May 4, 2010, of the Maker to the Payee (the “Original Note”) and not a replacement, substitution or repayment thereof. The
indebtedness and liabilities of the Maker under the Original Note evidenced hereby remain in full force and effect as amended, renewed and extended hereby. 
 1. Disbursements. Payee shall enter all amounts of principal borrowed, paid or prepaid at any time evidenced by this Amended and Restated Revolving Promissory Note in a record thereof maintained by
Payee; provided, however, that the failure by Payee to so record amounts borrowed and repaid under this Amended and Restated Revolving Promissory Note shall in no way affect the obligation of Maker to repay all amounts borrowed by
Maker from Payee pursuant to this Amended and Restated Revolving Promissory Note. 
 2. Payments.

 A. Principal. The entire principal balance of this Amended and Restated Revolving Promissory Note then
outstanding, plus all accrued, but unpaid, interest thereon, in each case, determined from time to time in accordance with the terms and provisions of the Cash Management Agreement, shall be due and payable on demand in accordance with the terms and
provisions of the Cash Management Agreement (the date on which such amounts are due and payable pursuant to the Cash Management Agreement, the “Maturity Date”). 

 B. Interest. Interest shall accrue on the unpaid principal balance
hereof outstanding from time to time at a rate of interest equal to the Reference Rate. Interest shall be calculated daily and compounded daily and charged for the actual number of days elapsed from and including the date hereof up to but not
including the earlier of the Maturity Date and each date of payment or prepayment of the principal amount of this Revolving Promissory Note or any portion thereof. 

i. The term “Reference Rate” shall mean an annual rate of interest equal to the annual rate of interest
in effect from time to time in respect of Maker’s Tranche A Term Facility (the “Term Loan”) contemplated by the Credit and Guarantee Agreement among Maker, certain of its subsidiaries party thereto, the lenders party thereto,
Wells Fargo Bank, National Association, as Administrative Agent and Collateral Agent, Goldman Sachs Lending Partners LLC and SunTrust Bank, as Co-Syndication Agents, and Wells Fargo Securities, LLC, Goldman Sachs Lending Partners LLC, SunTrust
Robinson Humphrey, Inc., Fifth Third Bank, J.P. Morgan Securities LLC and UBS Securities LLC, as Arrangers (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), or, if
at any time the Term Loan is not outstanding, the annual rate of interest that Payee and Maker reasonably determine would be in effect on such day in respect of the Term Loan if the Term Loan were outstanding on such day (such applicable annual rate
of interest, the “Term Loan Rate”). Interest shall accrue on all Cash Advances on a daily basis from the date any such Cash Advance is made until the day immediately prior to the date repaid on the basis of the actual number of days
elapsed in a year consisting of 360 days. 
 ii. The term “Business Day” shall mean any day
other than a Saturday, Sunday and, with respect to payments, a legal holiday in Atlanta, Georgia, or such other place as Payee may designate for payment pursuant to Section 2.C. of this Amended and Restated Revolving Promissory Note.

 C. Manner of Payment. All payments of the principal balance of, and interest on, this Amended and
Restated Revolving Promissory Note shall be made by wire transfer in lawful money of the United States of America in immediately available funds to such account as Payee may from time to time designate in writing. 

D. Dates. If any payment of the principal balance of, or interest on, this Amended and Restated Revolving
Promissory Note is due on a day that is not a Business Day, such payment shall be due on the next succeeding Business Day, and such extension of time shall be taken into account in calculating the amount of interest payable under this Amended and
Restated Revolving Promissory Note. 
 E. Prepayment. Maker may, without premium or penalty, at any time
and from time to time, prepay all or any portion of the outstanding principal balance due under this Amended and Restated Revolving Promissory Note, provided that each such payment is accompanied by accrued interest on the amount of principal
prepaid calculated to, but not including, the date of such prepayment. 

  
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 3. Defaults. 

A. Events of Default. The occurrence of any one or more of the following events with respect to Maker shall
constitute an event of default hereunder (“Event of Default”): 
 i. Maker shall fail to pay
all or any portion of the principal balance of, or interest on, this Amended and Restated Revolving Promissory Note when the same is due and payable, and such failure shall continue for a period of more than thirty (30) days from the due date
of such sum; 
 ii. Maker shall be in material default of its obligations under the Cash Management Agreement;

 iii. This Amended and Restated Revolving Promissory Note shall at any time and for any reason cease to be in
full force and effect or shall be declared to be null and void, or the validity or enforceability hereof shall be contested in writing by Maker, or Maker shall deny in writing that it has any further liability or obligation hereunder; or 

iv. An order of relief shall have been entered against Maker in any bankruptcy or insolvency proceeding, or Maker shall
admit in writing its inability to pay its debts as they mature, or Maker shall make a general assignment for the benefit of its creditors; or Maker shall apply for or consent to the appointment of any receiver, trustee, or similar officer for all or
any substantial part of its property, or such receiver, trustee or similar officer shall be appointed without the application or consent of Maker and such appointment shall continue without discharge for a period of ninety (90) days; or Maker
shall institute (by petition, application, answer, consent or otherwise) any bankruptcy, insolvency, reorganization, arrangement, readjustment of debt, dissolution, liquidation or similar proceeding relating to it under the laws of any jurisdiction,
or any such proceeding shall be instituted (by petition, application or otherwise) against Maker and shall remain without dismissal for a period of ninety (90) days; or any judgment, writ, warrant of attachment or execution or similar process
shall be issued or levied against a substantial part of the property of Maker and such judgment, writ, or similar process shall not be released, vacated or fully bonded within ninety (90) days after its issue or levy. 

B. Notice by Maker. Maker shall notify Payee in writing within five (5) Business Days after the occurrence of
any Event of Default of which Maker acquires knowledge. 
 C. Remedies. 

i. TIME IS OF THE ESSENCE WITH RESPECT TO THIS AMENDED AND RESTATED REVOLVING PROMISSORY NOTE. 

ii. Upon the occurrence of an Event of Default specified in Section 3.A.i. or iv., the entire
principal balance hereof and all accrued and unpaid interest thereon shall automatically and immediately become due and payable, in each case without presentment, demand, protest or other notice of any kind, all of which are hereby waived by Maker,
and may be collected forthwith regardless of the stipulated date of maturity. 
 iii. Upon the occurrence of an
Event of Default specified in Section 3.A.ii. or iii., at the option of Payee, the entire principal balance hereof and all accrued and 

  
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unpaid interest thereon shall at once become due and payable and may be collected forthwith regardless of the stipulated date of maturity. Failure to exercise the foregoing option shall not
constitute a waiver of the right to exercise the same in the event of any subsequent default, and no exercise by Payee of any option provided herein shall exhaust Payee’s right to exercise the same on any number of subsequent occasions.

 iv. The past due principal balance, pursuant to acceleration or otherwise, and, after the occurrence and
during the continuance of an Event of Default and, to the extent permitted by applicable law, past due interest and past due fees, pursuant to acceleration or otherwise, shall bear interest from their respective due dates, until paid, at the Default
Rate. The Default Rate is defined as the lesser of (i) the Reference Rate (as it adjusts) plus 2.00% per annum or (ii) the highest rate of interest permitted by applicable law. 

v. Maker agrees to pay all costs and expenses of collection, including reasonable attorneys’ fees, arising in
connection with any enforcement action by Payee in which it shall prevail, of any of its rights under this Amended and Restated Revolving Promissory Note whether by or through an attorney-at-law or in an action in bankruptcy, insolvency or other
judicial proceedings. 
 4. Miscellaneous. 

A. PRESENTMENT FOR PAYMENT, DEMAND, PROTEST, AND NOTICE OF DEMAND, NOTICE OF DISHONOR, NOTICE OF NON-PAYMENT, AND ALL
OTHER NOTICES ARE HEREBY WAIVED BY MAKER EXCEPT AS EXPRESSLY REQUIRED BY THE TERMS HEREOF. 
 B.
Modification. This Amended and Restated Revolving Promissory Note may not be changed orally, but only by an agreement in writing signed by Maker and Payee. 

C. Parties in Interest. No party to this Amended and Restated Revolving Promissory Note may assign any or all of
its rights or obligations hereunder without the written consent of the other party hereto; provided, however, that (a) Payee may assign any or all of its rights and obligations pursuant to this Amended and Restated Revolving Promissory Note to
one or more of its Affiliates without the consent of the Maker, and (b) Maker may collaterally assign all or any of its rights, title and interest under this Amended and Restated Revolving Promissory Note to the administrative agent under the
Credit Agreement (or to any other person acting as an agent, trustee or other representative of lenders under the Credit Agreement) (the “Administrative Agent”), from time to time upon written notice to Payee. Upon written notice by the
Administrative Agent to Payee, the Administrative Agent and its designees shall be entitled to exercise, following the occurrence and during the continuance of any default or event of default under the Credit Agreement, any and all right, title and
interest of the Maker under this Agreement in accordance with the terms hereof. No person other than the parties hereto and, to the extent set forth above, the Administrative Agent is or shall be entitled to bring any action to enforce any provision
of this Amended and Restated Revolving Promissory Note against any of the parties hereto and none of the provisions of this Amended and Restated Revolving Promissory Note will be for the benefit of any person other than the parties hereto and, to
the extent set forth above, the Administrative Agent. 

  
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 D. Governing Law. This Amended and Restated Revolving Promissory Note
shall be governed by, and shall be construed in accordance with the laws of the State of Georgia, without reference to the choice of law principles thereof. 
 E. Construction. 
 i. Section Headings. The
headings of sections in this Amended and Restated Revolving Promissory Note are provided for convenience only and shall not affect its construction or interpretation. 

ii. Terminology. All references to “section” or “sections” refer to the corresponding section
or sections of this Amended and Restated Revolving Promissory Note. All words used in this Amended and Restated Revolving Promissory Note shall be construed to be of such gender or number as the circumstances require. Unless otherwise expressly
provided, the words “herein” and “hereunder” and similar references refer to this Amended and Restated Revolving Promissory Note in its entirety and not to any specific section hereof. 

[Signature Page Follows] 

  
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 IN WITNESS WHEREOF, Maker has caused this Amended and Restated Revolving Promissory Note to
be executed by its duly authorized officer effective as of the day and year first above written. 
  

			
	AUTOTRADER.COM, INC.
		
	        By:	 	 /s/ David B. Amundsen

		
	        Name:	 	 David B. Amundsen

		
	        Title:	 	 Vice President, Finance

 ACCEPTED EFFECTIVE AS OF THE DATE ABOVE WRITTEN: 

 

			
	COX ENTERPRISES, INC.
		
	By:	 	 /s/ Richard J. Jacobson

		
	Name:	 	 Richard J. Jacobson

		
	Title:	 	 Senior Vice President

  
 6EX-10.6

 Exhibit 10.6 
 AMENDED AND RESTATED CASH MANAGEMENT AGREEMENT 
 WITH REVOLVING CREDIT FACILITY

 AutoTrader.com, Inc. / Cox Enterprises, Inc. 

THIS AMENDED AND RESTATED CASH MANAGEMENT AGREEMENT (this “Agreement”) is effective as of the 15th day
of December, 2010, by and between AutoTrader.com, Inc., a Delaware corporation with its principal place of business at 5775 Peachtree Dunwoody Road, Atlanta, GA 30342 (the “Company”), and Cox Enterprises, Inc., a Delaware
corporation with its principal place of business at 6205 Peachtree Dunwoody Road, Atlanta, Georgia 30328 (“CEI”). 
 WHEREAS, the Company and CEI are party to that certain Cash Management Agreement dated as of May 4, 2010 (the “Original Cash Management Agreement”) relating to the management of the
Company’s cash reserves and cash requirements by CEI under centralized cash management; 
 WHEREAS, the
Company and CEI desire to amend certain provisions of the Original Cash Management Agreement to increase the amount of Cash Advances available to the Company under Section 6 thereof; and 

WHEREAS, simultaneously with the execution and delivery hereof, each of the Company and CEI is delivering an amended and
restated revolving promissory note to the other as evidence of certain of the repayment obligations set forth herein. 
 NOW, THEREFORE, in consideration of the premises and mutual covenants herein, and for other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged), the parties
hereto, intending to be legally bound, hereby agree that the Original Cash Management Agreement is amended and restated in its entirety as follows: 
 1. Depository Account. The Company has established a depository account at a financial institution mutually acceptable to the Company and CEI for purposes of this Agreement (the “Depository
Account”). 
 2. Cash Deposits. The Company may deposit all or any of the Company’s cash
amounts in the Depository Account. At the close of business each day, the full amount in the Depository Account shall then be transferred to an account of CEI established for such purpose, to be held by CEI for the Company in accordance with this
Agreement. Such transfer shall be effected by a wire transfer of immediately available funds from the Company to CEI, or by such other means as shall be mutually agreed by the Company and CEI. Such transfer shall be recorded as a cash deposit
immediately due to the Company on the books and records of CEI on the business day next succeeding such transfer. The amount held by CEI for the Company from time to time under this Agreement, including all interest thereon determined pursuant to
Section 4, is referred to herein as the “Depository Amount.” The Depository Amount shall at all times be evidenced by the CEI Promissory Note (as defined below). 

3. Investment of Cash Deposits. Without limiting Section 4, CEI may invest the Depository Amount or use it to
fund CEI’s and its Affiliates’ operations. For purposes hereof, an 

 
“Affiliate” of a person means any other person or entity, controlled, controlled by, or under common control with, such person, whether through the ownership of voting
securities, by contract or otherwise. For purposes hereof, “control,” with respect to any person or entity, means the power to direct the management or policies of such person or entity and the terms “controlled by” and
“controlling” shall have correlative meanings. 
 4. Rate of Return on Cash Deposits. The
Depository Amount shall bear interest at a rate equal to the CEI Internal Corporate Rate. The “CEI Internal Corporate Rate” shall be equal to (i) if, overall, CEI is investing funds, the composite annual rate of return on
CEI’s investments in commercial paper or other instruments of similar risk and liquidity, as the same may be adjusted from time to time or (ii) if, overall, CEI is borrowing, the annual rate which CEI is paying on its short-term borrowing
facilities as the same may be adjusted from time to time. Interest shall accrue on the Depository Amount on a daily basis from the date of recorded deposit until the day immediately prior to payment, calculated on the basis of the actual number of
days elapsed in a year consisting of 360 days. 
 5. Return of Cash Deposits; Late Payments. The Company
shall have the right at any time and from time to time to require payment on demand of all or a portion of the Depository Amount (a “Payment”) (and the Depository Amount shall be reduced by the amount of such Payment), but in no
event in an amount greater than the Depository Amount, subject to the other provisions of this Section 5, by wire transfer of immediately available funds to the Company, or by such other means as shall be mutually agreed by the Company
and CEI. Demand shall be made by written notice to CEI, or by such other means as shall be mutually agreed by the Company and CEI. For purposes of this Agreement, each Payment shall be deemed made on the date of any such payment by CEI. Any Payment
requested by the Company under this Section 5 shall be made on the same business day if CEI receives such request by 11:00 a.m. Atlanta, Georgia time, or on the next business day if CEI receives such request after 11:00 a.m. Atlanta,
Georgia time. Any repayment of all or any portion of the Depository Amount (including, to the extent permitted by applicable law, past due interest and fees), which is not made by the date therefor pursuant to this Section 5 shall, to
the extent permitted by applicable law, bear interest from the due date thereof, until paid, at the lesser of the CEI Internal Corporate Rate as in effect from time to time, plus 2.00% per annum, and the highest annual rate permitted by
applicable law. Such interest shall accrue on a daily basis on the basis of the actual number of days elapsed in a year consisting of 360 days. 
 6. Cash Advances. Whenever the Company shall request a Payment in excess of the Depository Amount, upon request of the Company, CEI shall advance the full amount of such excess funds to the Company
(a “Cash Advance”), but in no event shall the aggregate amount of all outstanding Cash Advances and all accrued interest thereon at any time exceed $25,000,000, without the consent of CEI, in its sole discretion. Any such Cash
Advance shall be made by wire transfer of immediately available funds from CEI to the Company, or by such other means as shall be mutually agreed by the Company and CEI. Any Cash Advance hereunder shall be used by the Company, and/or its
subsidiaries, for normal day-to-day operations of the Company, except as otherwise agreed by the Company and CEI. For purposes of this Agreement, each Cash Advance shall be deemed made on the date of any such payment by CEI. At all times, the
outstanding balance of all Cash Advances and all interest accrued thereon determined pursuant to Section 7 shall be evidenced by the Company Revolving Promissory Note (as defined below).

  
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To the extent that at any time the aggregate amount of all outstanding Cash Advances and all accrued interest thereon exceeds $25,000,000, the Company shall repay to CEI, on CEI’s demand, by
wire transfer of immediately available funds from the Company to CEI, or by such other means as shall be mutually agreed by the Company and CEI, an amount sufficient to reduce the aggregate amount of all outstanding Cash Advances and all accrued
interest thereon to $25,000,000. Any Cash Advance requested by the Company under this Section 6 shall be made on the same business day if CEI receives such request by 11:00 a.m. Atlanta, Georgia time, or on the next business day if CEI
receives such request after 11:00 a.m. Atlanta, Georgia time. 
 7. Rate of Interest on Cash Advances.
Each Cash Advance pursuant to Section 6 shall bear interest, on any day, at an annual rate of interest equal to the annual rate of interest in effect on such day in respect of the Company’s Tranche A Term Facility (the “Term
Loan”) contemplated by the Credit and Guarantee Agreement among the Company, certain of its subsidiaries party thereto, the lenders party thereto, Wells Fargo Bank, National Association, as Administrative Agent and Collateral Agent, Goldman
Sachs Bank USA and SunTrust Bank, as Co-Syndication Agents, and Wells Fargo Securities, LLC, Goldman Sachs Bank USA, SunTrust Robinson Humphrey, Inc., Fifth Third Bank, J.P. Morgan Securities LLC and UBS Securities LLC, as Arrangers (as the same may
be amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), or, if at any time the Term Loan is not outstanding, the annual rate of interest that CEI and the Company reasonably determine
would be in effect on such day in respect of the Term Loan if the Term Loan were outstanding on such day (such applicable annual rate of interest, the “Term Loan Rate”). Interest shall accrue on all Cash Advances on a daily basis
from the date any such Cash Advance is made until the day immediately prior to the date repaid on the basis of the actual number of days elapsed in a year consisting of 360 days. 

8. Reconciliation and Carry-Forward. The Depository Amount and the amount of all outstanding Cash Advances
shall be determined as of the close of business on each day, and (a) the Depository Amount, if any, shall be recorded as an amount due from CEI to the Company; and (b) the amount of all outstanding Cash Advances, if any, shall be recorded
as an amount due from the Company to CEI. The failure by the Company or CEI to record any amounts deposited or paid pursuant to this Agreement, or any interest accrued thereon, shall in no way affect the obligation of the Company or CEI, as the
case may be, to pay all amounts in accordance with this Agreement. Notwithstanding any provision of this Agreement to the contrary, the Company and CEI acknowledge and agree that amounts owed by the Company to CEI pursuant to the Intercompany
Services Agreement dated as of May 4, 2010 by and between the Company and CEI may, at the option of CEI, be settled through a Payment or, to the extent the Depository Amount is less than any such amounts, a Cash Advance, in each case as
otherwise provided herein. 
 9. Repayment of Cash Advances; Late Payments. All Cash Advances shall be
repaid on demand of CEI. When demand is made by CEI, the amount demanded shall be paid to CEI by wire-transfer of immediately available funds, or by such other means as shall be mutually agreed by CEI and the Company, not later than the date
specified by CEI, which specified date shall not be prior to the fifth business day next succeeding such demand. Demand shall be made by written notice to the Company, or by such other means as shall be mutually agreed by CEI and the Company. Any
repayment of a Cash Advance (including, to the extent permitted by 

  
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applicable law, past due interest and fees), which is not made by the date therefor shall, to the extent permitted by applicable law, bear interest from the due date thereof, until paid, at the
lesser of the Term Loan Rate as in effect from time to time, plus 2.00% per annum, and the highest annual rate permitted by applicable law. Such interest shall accrue on a daily basis on the basis of the actual number of days elapsed in a year
consisting of 360 days. Notwithstanding anything to the contrary contained herein, at the close of business on each day, all Cash Advances then outstanding and all accrued interest thereon shall be repaid from the Depository Account to the extent of
the Depository Amount at such time. 
 10. Prepayment of Cash Advances. Any and all Cash Advances may be
prepaid in whole or in part in any amount at any time without any penalty whatsoever. 
 11. Non-Exclusive
Borrowing Source. Notwithstanding the provisions of Sections 6 and 7, the Company shall have no obligation under this Agreement to borrow funds from CEI. 

12. Monitoring. CEI will provide the Company a monthly statement of all amounts invested or borrowed and all
interest charges payable to or by the Company. 
 13. Extension. This Agreement shall apply to transfers
of cash between the Company and its subsidiaries, on the one hand, and CEI and any of its Affiliates (other than ATC and any of its subsidiaries), on the other hand. 

14. Promissory Notes; Other Agreement. Amounts due to CEI from the Company from time to time pursuant to this
Agreement shall, at the request of CEI, be evidenced by a revolving promissory note, which references this Agreement, from the Company to CEI (the “Company Promissory Note”), and amounts due to the Company from CEI from time to time
pursuant to this Agreement shall, at the request of the Company, be evidenced by a revolving promissory note, which references this Agreement, from CEI to the Company (the “CEI Promissory Note”). This Agreement represents the entire
understanding of the parties with reference to the matters set forth herein. Except for the Company Promissory Note and the CEI Promissory Note, this Agreement supersedes any and all other agreements between the Company and CEI (or between the
Company and any other subsidiaries or Affiliates of CEI) relating to the subject matter hereof. 
 15.
Term. The provisions of this Agreement shall commence on the date set forth above and shall remain in full force and effect unless amended by an agreement in writing signed by the parties. This Agreement may be terminated at any time by
either party by written notice to the other party. In the event of termination, unless otherwise agreed by the parties, such termination shall be deemed a demand by the Company for return of funds under Section 5 (if CEI then holds any
Depository Amount) and by CEI for repayment under Section 9 (if any Cash Advances by CEI to the Company pursuant to Section 6 are then outstanding). Notwithstanding the foregoing, this Agreement shall automatically terminate
without any further action by any person or entity if, at any time, CEI and its Affiliates, other than the Company, own, in the aggregate, less than 50% of the issued and outstanding equity interests in the Company or 50% of the outstanding voting
power of all classes of common stock of the Company, in each case on a fully-exercised and as converted basis. 

  
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 16. Assignment. No party to this Agreement may assign any or all of
its rights or obligations hereunder without the written consent of the other party hereto; provided, however, that (a) CEI may assign any or all of its rights and obligations pursuant to this Agreement to one or more of its
Affiliates without the consent of the Company, and (b) the Company may collaterally assign all or any of its rights, title and interest under this Agreement to the administrative agent under the Credit Agreement (or to any other person acting
as an agent, trustee or other representative of lenders under the Credit Agreement) (the “Administrative Agent”), from time to time upon written notice to CEI. Upon written notice by the Administrative Agent to CEI, the
Administrative Agent and its designees shall be entitled to exercise, following the occurrence and during the continuance of any default or event of default under the Credit Agreement, any and all right, title and interest of the Company under
Sections 4, 5, 10, 12 and 15 of this Agreement and under the CEI Promissory Note in accordance with the terms hereof and thereof. In the event the Credit Agreement shall have been refinanced or replaced, in whole
or in part, with any other loan or credit agreement, indenture or other debt agreement, each of the parties agrees to execute and deliver, upon request of the Administrative Agent, such document or documents (including any restatement hereof or
supplement hereto) as the Administrative Agent may reasonably request to vest in any person acting as an agent, trustee or other representative of lenders, noteholders or other providers of credit under such loan or credit agreement, indenture or
other debt agreement the rights, privileges and benefits of the Administrative Agent under this Agreement, but without expanding, increasing or otherwise affecting in any way such rights, privileges and benefits, and in no event shall the term of
this Agreement be extended. 
 17. Acceleration. (a) If an order of relief shall have been entered
against the Company in any bankruptcy or insolvency proceeding, or the Company shall admit in writing its inability to pay its debts as they mature, or the Company shall make a general assignment for the benefit of its creditors; or the Company
shall apply for or consent to the appointment of any receiver, trustee, or similar officer for all or any substantial part of its property, or such receiver, trustee or similar officer shall be appointed without the application or consent of the
Company and such appointment shall continue without discharge for a period of ninety (90) days; or the Company shall institute (by petition, application, answer, consent or otherwise) any bankruptcy, insolvency, reorganization, arrangement,
readjustment of debt, dissolution, liquidation or similar proceeding relating to it under the laws of any jurisdiction, or any such proceeding shall be instituted (by petition, application or otherwise) against the Company and shall remain without
dismissal for a period of ninety (90) days; then, in each such case, (i) the full amount of any Cash Advance, together with accrued interest thereon and all other amounts due by the Company hereunder, shall immediately and automatically
become due and payable, in each case without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Company. 
 (b) If an order of relief shall have been entered against CEI in any bankruptcy or insolvency proceeding, or CEI shall admit in writing its inability to pay its debts as they mature, or CEI shall make a
general assignment for the benefit of its creditors; or CEI shall apply for or consent to the appointment of any receiver, trustee, or similar officer for all or any substantial part of its property, or such receiver, trustee or similar officer
shall be appointed without the application or consent of CEI and such appointment shall continue without discharge for a period of ninety (90) days; or CEI shall institute (by petition, application, answer, consent or otherwise)

  
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any bankruptcy, insolvency, reorganization, arrangement, readjustment of debt, dissolution, liquidation or similar proceeding relating to it under the laws of any jurisdiction, or any such
proceeding shall be instituted (by petition, application or otherwise) against CEI and shall remain without dismissal for a period of ninety (90) days; then, in each such case, (i) the full amount of the Depository Amount, together with
accrued interest thereon and all other amounts due by CEI hereunder, shall immediately and automatically become due and payable, in each case without presentment, demand, protest or other notice of any kind, all of which are hereby waived by CEI.

 18. No Waiver. No waiver or purported waiver by the Company or CEI of any rights or claims against CEI
or the Company, as applicable, shall be effective to waive any of the rights or claims of the parties hereto arising pursuant to this Agreement unless such waiver specifically references this Agreement and such rights and claims. For the avoidance
of doubt, neither the Depository Amount nor any Cash Advance shall be (or shall be deemed to be) a dividend by the Company to CEI or a capital contribution by CEI to the Company, respectively, but shall represent debt obligations to be repaid in
accordance with the terms and provisions of this Agreement. 
 19. Governing Law. This Agreement is
governed by the laws of the State of Georgia without regard to the conflict of laws provisions thereof. 
 20.
Entire Agreement. This Agreement supersedes all prior negotiations, discussions, correspondence, communications and prior agreements among the parties relating to the subject matter herein. 

21. Credit Agreement. Notwithstanding anything to the contrary set forth herein or in the Company Promissory Note,
including Section 9 hereof, no repayment of any Cash Advance shall be made, or shall be required to be made, by the Company at any time if such repayment is not permitted at such time to be made under the terms of the Credit Agreement.
Each of CEI and the Company agrees that the Administrative Agent is an express third party beneficiary of this Agreement and the CEI Promissory Note, and is entitled to specifically enforce the obligations hereunder or thereunder of the parties
hereto or thereto. 
 [remainder of page intentionally left blank] 

  
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 IN WITNESS WHEREOF, each of AutoTrader.com, Inc. and Cox Enterprises, Inc.
have executed this Amended and Restated Cash Management Agreement effective as of the date first set forth above. 
  

			
	AUTOTRADER.COM, INC.
		
	By:	 	 /s/ David B. Amundsen

		 	Name: David B. Amundsen
		 	Title: Vice President, Finance
	
	COX ENTERPRISES, INC.
		
	By:	 	 /s/ Richard J. Jacobson

		 	Name: Richard J. Jacobson
		 	Title: Senior Vice President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00205-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00205-of-00352.parquet"}]]