Common use of Changes in Management Clause in Contracts

Changes in Management. Except as disclosed in the Registration Statement, the Disclosure Package and the Prospectus, none of the persons who were executive officers or directors of the Company as of the date of the Preliminary Prospectus included as part of the Disclosure Package has given oral or written notice to the Company or any of the Subsidiaries of his or her resignation (or otherwise indicated to the Company or any of the Subsidiaries an intention to resign within the next twelve months), nor has any such officer or director been terminated by the Company or otherwise removed from his or her office or from the board of directors, as the case may be (including, without limitation, any such termination or removal which is to be effective as of a future date) nor is any such termination or removal under consideration by the Company or its board of directors.

Changes in Management. Except as disclosed in the Registration Statement, the General Disclosure Package and the Prospectus, none of the persons who were executive officers or directors of the Company Carvana Parties as of the date of the Preliminary Pre-Pricing Prospectus included as part of the Disclosure Package has given oral or written notice to the Company Carvana Parties or any of the Subsidiaries their respective subsidiaries of his or her resignation (or otherwise indicated to the Company or any of the Subsidiaries its subsidiaries an intention to resign within the next twelve 12 months), nor has any such officer or director been terminated by the Company Carvana Parties or otherwise removed from his or her office or from the board of directors, as the case may be (including, without limitation, any such termination or removal which is to be effective as of a future date) nor is any such termination or removal under consideration by the Company Carvana Parties or its board their respective boards of directors.

Changes in Management. Except as disclosed in the Registration Statement, the Disclosure Package and the Prospectus, none of the persons who were executive officers or directors of the Company as of the date of the Preliminary Prospectus included as part of the Disclosure Package has given oral or written notice to the Company or any of the Subsidiaries of his or her resignation (or otherwise indicated to the Company or any of the Subsidiaries an intention to resign within the next twelve 12 months), nor has any such officer or director been terminated by the Company or otherwise removed from his or her office or from the board of directors, as the case may be (including, without limitation, any such termination or removal which is to be effective as of a future date) nor is any such termination or removal under consideration by the Company or its board of directors.

Changes in Management. Except as disclosed in the Registration Statement, the Disclosure Package Prospectus and the any Permitted Free Writing Prospectus, none of the persons who were executive officers or directors of the Company Carvana Parties as of the date of the Preliminary Prospectus included as part of the Disclosure Package has given oral or written notice to the Company Carvana Parties or any of the Subsidiaries their respective subsidiaries of his or her resignation (or otherwise indicated to the Company or any of the Subsidiaries its subsidiaries an intention to resign within the next twelve (12) months), nor has any such officer or director been terminated by the Company Carvana Parties or otherwise removed from his or her office or from the board of directors, as the case may be (including, without limitation, any such termination or removal which is to be effective as of a future date) nor is any such termination or removal under consideration by the Company Carvana Parties or its board their respective boards of directors.