250,000,000 Floating Rate Senior Notes due 2017 Purchase AgreementPurchase Agreement • November 22nd, 2013 • Avis Budget Group, Inc. • Services-auto rental & leasing (no drivers) • New York
Avis Budget Car Rental, LLC, a Delaware limited liability company (“ABCR”), and Avis Budget Finance, Inc., a Delaware corporation (“Avis Finance” and collectively with ABCR, the “Company”), propose to issue and sell to Citigroup Global Markets Inc. (the “Initial Purchaser”), $250,000,000 principal amount of its Floating Rate Senior Notes due 2017 (the “Securities”). The Securities will be issued pursuant to an Indenture to be dated as of November 25, 2013 (the “Indenture”) among the Company, Avis Budget Group, Inc. a Delaware corporation (the “Indirect Parent”), Avis Budget Holdings, LLC, a Delaware limited liability company (the “Direct Parent” and together with the Indirect Parent, the “Parents”) and each of the entities listed in Schedule 1 hereto (collectively with the Parents, the “Guarantors”) and Deutsche Bank Trust Company Americas, as trustee (the “Trustee”), and will be fully and unconditionally guaranteed on an unsecured senior basis by each of the Guarantors (the “Guarantee
