SEC Contract Filing

Filing Date: 2016-02-25

Document Content:
<DOCUMENT>
<TYPE>EX-10.26.2
<SEQUENCE>5
<FILENAME>pag-20151231ex102624759.htm
<DESCRIPTION>EX-10.26.2
<TEXT>
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 <a name="_GoBack"></a><font style="display:inline;font-weight:bold;">EXHIBIT 10.26.2</font>
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 <font style="display:inline;font-weight:bold;">EXECUTION VERSION</font>
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 <font style="display:inline;">&nbsp;</font>
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 <font style="display:inline;">AMENDMENT NO. 1</font>
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 <font style="display:inline;">TO</font>
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 <font style="display:inline;">SECOND AMENDED AND RESTATED</font>
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 <font style="display:inline;">LIMITED LIABILITY COMPANY AGREEMENT</font>
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 <font style="display:inline;">OF</font>
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 <font style="display:inline;">LJ VP HOLDINGS LLC</font>
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 <font style="display:inline;">&nbsp;</font>
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 <font style="display:inline;">THIS </font><font style="display:inline;">AMENDMENT NO. 1 (this &#x201C;Amendment&#x201D;) to that certain </font><font style="display:inline;">SECOND AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT</font><font style="display:inline;"> OF LJ VP HOLDINGS LLC dated</font><font style="display:inline;">&nbsp;</font><font style="display:inline;">the </font><font style="display:inline;">17th day of March, 2015</font><font style="display:inline;"> (the &#x201C;Original Agreement&#x201D;) is made this 24</font><font style="display:inline;font-size:6pt;top:-4pt;position:relative;line-height:100%">th</font><font style="display:inline;"> day of November, 2015</font><font style="display:inline;">&nbsp;</font><font style="display:inline;">(the &#x201C;Amendment Date&#x201D;) </font><font style="display:inline;">by and among LJ VP Holdings LLC (the &#x201C;Company&#x201D;), Penske Truck Leasing Corporation, a Delaware corporation with its offices at 2675 Morgantown Road, Reading, Pennsyl</font><font style="display:inline;">vania 19607 (as further defined in the Original Agreement</font><font style="display:inline;">, &#x201C;PTLC&#x201D;), and Penske Automotive Group, Inc., a Delaware corporation with its offices at 2555 Telegraph Road, Bloomfield Hills, Michigan 48302 (as further defined </font><font style="display:inline;">in the Original Agreement</font><font style="display:inline;">, &#x201C;PAG&#x201D;).&nbsp;&nbsp;GE Capital Memco, LLC, a Delaware limited liability company with offices at 901 Main Avenue, 6</font><font style="display:inline;font-size:6pt;top:-4pt;position:relative;line-height:100%">th</font><font style="display:inline;"> Floor, Norwalk, CT 06851 (as further defined </font><font style="display:inline;">in the Original Agreement</font><font style="display:inline;">, &#x201C;Memco&#x201D;), is a party to this </font><font style="display:inline;">Amendment and the Original Agreement</font><font style="display:inline;"> for purposes of the GE Protection Provisions (as defined </font><font style="display:inline;">in the Original Agreement</font><font style="display:inline;">) until the GE Termination Date (as defined </font><font style="display:inline;">in the Original Agreement</font><font style="display:inline;">).</font>
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 <font style="display:inline;text-decoration:underline;">WITNESSETH</font><font style="display:inline;">:</font>
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 <font style="display:inline;">&nbsp;</font>
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 <font style="display:inline;">WHEREAS, pursuant to the Original Agreement, the Company, PTLC and PAG had certain obligations to General Electric Capital Corporation, a Delaware corporation incorporated in 2000 (&#x201C;GECC&#x201D;);</font>
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