0000950123-06-010263 Sample Contracts

July 28, 2006 Mr. Henry R. Silverman Chairman and Chief Executive Officer Cendant Corporation 9 West 57th Street, 37th Floor New York, New York, 10019 Dear Mr. Silverman:
Letter Agreement • August 9th, 2006 • Cendant Corp • Real estate agents & managers (for others)

Reference is made to the Letter Agreement (the “Letter Agreement”), dated as of June 26, 2006, between you and Cendant Corporation (the “Company”). Capitalized terms not defined herein shall have the meanings ascribed to such terms in the Letter Agreement.

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ADMINISTRATION AGREEMENT
Administration Agreement • August 9th, 2006 • Cendant Corp • Real estate agents & managers (for others) • New York

This ADMINISTRATION AGREEMENT, dated as of May 11, 2006 (this “Agreement”), is by and among BUDGET TRUCK FUNDING, LLC, a Delaware limited liability corporation (“BTF”), BUDGET TRUCK RENTAL, LLC, a Delaware limited liability corporation, as administrator (the “Administrator”), and THE BANK OF NEW YORK TRUST COMPANY, N.A., a national banking association, not in its individual capacity but solely as Trustee (the “Trustee”) under the Base Indenture (as defined herein).

MASTER MOTOR VEHICLE OPERATING LEASE AGREEMENT dated as of May 11, 2006 among BUDGET TRUCK FUNDING, LLC, as Lessor, BUDGET TRUCK RENTAL, LLC, as Administrator as Lessee and AVIS BUDGET CAR RENTAL, LLC., as Guarantor
Master Motor Vehicle Operating Lease Agreement • August 9th, 2006 • Cendant Corp • Real estate agents & managers (for others) • New York

This Master Motor Vehicle Operating Lease Agreement (this “Agreement”), dated as of May 11, 2006, is made by and among BUDGET TRUCK FUNDING, LLC (“BTF”), a Delaware limited liability company (the “Lessor”), BUDGET TRUCK RENTAL, LLC, a Delaware limited liability company (“BTR”), as lessee (the “Lessee”) and as administrator (the “Administrator”), and AVIS BUDGET CAR RENTAL, LLC, a Delaware limited liability company (“ABCR”), as guarantor (the “Guarantor”).

BUDGET TRUCK FUNDING, LLC as Issuer and THE BANK OF NEW YORK TRUST COMPANY, N.A., as Trustee BASE INDENTURE Dated as of May 11, 2006 Rental Truck Asset Backed Notes (Issuable in Series)
Base Indenture • August 9th, 2006 • Cendant Corp • Real estate agents & managers (for others) • New York

BASE INDENTURE, dated as of May 11, 2006, between BUDGET TRUCK FUNDING, LLC, a special purpose limited liability company established under the laws of Delaware, as issuer (“BTF”), and THE BANK OF NEW YORK TRUST COMPANY, N.A., a national banking association organized under the laws of the United States, as trustee (in such capacity, the “Trustee”).

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