0000885550-21-000034 Sample Contracts

CREDIT ACCEPTANCE CORPORATION NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • February 12th, 2021 • Credit Acceptance Corp • Personal credit institutions • Michigan

THIS AGREEMENT, effective as of the Grant Date above, represents the grant of Nonqualified Stock Options by the Company to the Optionee named above, pursuant to the provisions of the Plan and this Agreement. All capitalized terms shall have the meanings ascribed to them in the Plan, unless specifically set forth otherwise herein. The parties hereto agree as follows:

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