SEVERANCE PAY AGREEMENT FOR KEY EMPLOYEESeverance Agreement • March 16th, 2006 • Asbury Automotive Group Inc • Retail-auto dealers & gasoline stations • New York
This agreement is entered into as of August 1, 2005 between Asbury Automotive Group L.L.C. (“Asbury”) and Brett Hutchinson (“Executive”), a key employee of Asbury, in order to provide for an agreed-upon compensation in the event that the Executive’s employment is terminated as defined in this agreement.
