Common Contracts

2 similar Severance Pay Agreement contracts by Asbury Automotive Group Inc

SEVERANCE PAY AGREEMENT FOR KEY EMPLOYEE
Severance Pay Agreement • March 16th, 2009 • Asbury Automotive Group Inc • Retail-auto dealers & gasoline stations • New York

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.

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SEVERANCE PAY AGREEMENT FOR KEY EMPLOYEE
Severance Pay Agreement • February 29th, 2008 • Asbury Automotive Group Inc • Retail-auto dealers & gasoline stations • New York

Reference is made to that certain agreement (the “Agreement”) entered into as of August 1, 2005 between Asbury Automotive Group, Inc. and its subsidiaries and affiliates (“Asbury”) and Brett Hutchinson (“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.

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