0000928385-00-002790 Sample Contracts

as Seller, and
Purchase Agreement • October 13th, 2000 • Precision Auto Care Inc • Services-automotive repair, services & parking • Colorado
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AGREEMENT ---------
Registration Rights Agreement • October 13th, 2000 • Precision Auto Care Inc • Services-automotive repair, services & parking • Virginia
AGREEMENT ---------
Stock Purchase Agreement • October 13th, 2000 • Precision Auto Care Inc • Services-automotive repair, services & parking • Virginia
Recitals --------
Loan Renewal and Security Agreement • October 13th, 2000 • Precision Auto Care Inc • Services-automotive repair, services & parking • Virginia
June 14, 2000
Financial Backing Agreement • October 13th, 2000 • Precision Auto Care Inc • Services-automotive repair, services & parking

This letter sets forth the agreement between you and Precision Auto Care, Inc. (the "Company") concerning your financial backing of the bond required to be posted in order for the Company to pursue its appeal of an adverse judgment arising out of litigation in Florida. In return for your agreement to provide a letter of credit to support the Company's posting of the necessary bond, the Company agrees to issue you 25,000 shares of the Company's Common Stock.

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