Common use of Counterparts; Execution and Delivery Clause in Contracts

Counterparts; Execution and Delivery. This Letter Agreement may be executed in counterparts, each of which shall constitute an original, but all of which when taken together shall constitute a single contract. Delivery of an executed counterpart of a signature page of this Letter Agreement by email, facsimile or other electronic imaging means shall be as effective as delivery of a manually executed counterpart of this Letter Agreement. This Letter Agreement shall be effective as of the date hereof. Yours very truly, MITSUI & CO., LTD. /s/ Xxxxxxx Xxxxxxxx Name: Xxxxxxx Xxxxxxxx Title: General Manager, Second Motor Vehicles Division, Integrated Transportation Systems Business Unit I MITSUI & CO. (U.S.A.), INC. /s/ Xxxxxxx Xxxxx Name: Xxxxxxx Xxxxx Title: Senior Vice President ACCEPTED AND AGREED AS OF THE DATE FIRST ABOVE WRITTEN: PENSKE CORPORATION /s/ J. Xxxxxxx Xxxxxx Name: J. Xxxxxxx Xxxxxx Title: Executive Vice President PENSKE AUTOMOTIVE HOLDINGS CORP. /s/ J. Xxxxxxx Xxxxxx Name: J. Xxxxxxx Xxxxxx Title: Vice President

Counterparts; Execution and Delivery. This Letter Agreement may be executed in counterparts, each of which shall constitute an original, but all of which when taken together shall constitute a single contract. Delivery of an executed counterpart of a signature page of this Letter Agreement by email, facsimile or other electronic imaging means shall be as effective as delivery of a manually executed counterpart of this Letter Agreement. This Letter Agreement shall be effective as of the date hereof. Yours very truly, MITSUI & CO., LTD. /s/ Xxxxxxx Xxxxxxxx Name: Xxxxxxx Xxxxxxxx Title: General Manager, Second Motor Vehicles Division, Integrated Transportation Systems Business Unit I MITSUI & CO. (U.S.A.), INC. /s/ Xxxxxxx Xxxxx Name: Xxxxxxx Xxxxx Title: Senior Vice President ACCEPTED AND AGREED AS OF THE DATE FIRST ABOVE WRITTEN: PENSKE CORPORATION /s/ J. Xxxxxxx Xxxxxx X. Xxxxxxx, Xx. Name: J. Xxxxxxx Xxxxxx X. Xxxxxxx, Xx. Title: Executive Vice President Chairman PENSKE AUTOMOTIVE HOLDINGS CORP. /s/ J. Xxxxxxx Xxxxxx X. Xxxxxxx, Xx. Name: J. Xxxxxxx Xxxxxx X. Xxxxxxx, Xx. Title: Vice President

Counterparts; Execution and Delivery. This Letter Agreement may be executed in counterparts, each of which shall constitute an original, but all of which when taken together shall constitute a single contract. Delivery of an executed counterpart of a signature page of this Letter Agreement by email, facsimile or other electronic imaging means shall be as effective as delivery of a manually executed counterpart of this Letter Agreement. This Letter Agreement shall be effective as of the date hereof. Yours very truly, MITSUI & CO., LTD. /s/ Xxxxxxx Xxxxxxxx Name: Xxxxxxx Xxxxxxxx Title: General Manager, Second Motor Vehicles Division, Integrated Transportation Systems Business Unit I MITSUI & CO. (U.S.A.), INC. /s/ Xxxxxxx Xxxxx Name: Xxxxxxx Xxxxx Title: Senior Vice President ACCEPTED AND AGREED AS OF THE DATE FIRST ABOVE WRITTEN: PENSKE CORPORATION /s/ J. Xxxxxxx Xxxxxx X. Xxxxxxx, Xx. Name: J. Xxxxxxx Xxxxxx X. Xxxxxxx, Xx. Title: Executive Vice President Vice-Chairman PENSKE AUTOMOTIVE HOLDINGS CORP. /s/ J. Xxxxxxx Xxxxxx X. Xxxxxxx, Xx. Name: J. Xxxxxxx Xxxxxx X. Xxxxxxx, Xx. Title: Vice President

Counterparts; Execution and Delivery. This Letter Agreement may be executed in counterparts, each of which shall constitute an original, but all of which when taken together shall constitute a single contract. Delivery of an executed counterpart of a signature page of this Letter Agreement by email, facsimile or other electronic imaging means shall be as effective as delivery of a manually executed counterpart of this Letter Agreement. This Letter Agreement shall be effective as of the date hereof. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] Yours very truly, MITSUI & CO., LTD. /s/ Xxxxxxx Xxxxxxxx Name: Xxxxxxx Xxxxxxxx Title: General Manager, Second Motor Vehicles Division, Integrated Transportation Systems Business Unit I MITSUI & CO. (U.S.A.), INC. /s/ Xxxxxxx Xxxxx Name: Xxxxxxx Xxxxx Title: Senior Vice President ACCEPTED AND AGREED AS OF THE DATE FIRST ABOVE WRITTEN: PENSKE CORPORATION /s/ J. Xxxxxxx Xxxxxx X. Xxxxxxx, Xx. Name: J. Xxxxxxx Xxxxxx X. Xxxxxxx, Xx. Title: Executive Vice President Vice-Chairman PENSKE AUTOMOTIVE HOLDINGS CORP. /s/ J. Xxxxxxx Xxxxxx X. Xxxxxxx, Xx. Name: J. Xxxxxxx Xxxxxx X. Xxxxxxx, Xx. Title: Vice President