0001193125-08-079184 Sample Contracts

SPLIT-DOLLAR INSURANCE AGREEMENT (Endorsement Method)
Split-Dollar Insurance Agreement • April 11th, 2008 • Lithia Motors Inc • Retail-auto dealers & gasoline stations

This is an Agreement between Lithia Motors, Inc., an Oregon corporation, (the “Employer”), and Sidney B. DeBoer, (the “Employee”) dated effective December 20, 2007.

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SPLIT-DOLLAR AGREEMENT
Split-Dollar Agreement • April 11th, 2008 • Lithia Motors Inc • Retail-auto dealers & gasoline stations • Oregon

THIS AGREEMENT by and between Lithia Motors, Inc., an Oregon corporation (the “Corporation”), and Sidney B. DeBoer, the Corporation’s Chief Executive Officer (the “Employee”) is dated effective November 7, 2006 (the “Effective Date”).

LOAN AGREEMENT among LITHIA MOTORS, INC., THE LENDERS PARTY HERETO FROM TIME TO TIME, and U.S. BANK NATIONAL ASSOCIATION, as Agent Dated as of August 31, 2006
Loan Agreement • April 11th, 2008 • Lithia Motors Inc • Retail-auto dealers & gasoline stations • Oregon

This Loan Agreement is entered into as of August 31, 2006, among Lithia Motors, Inc., an Oregon corporation (“Borrower”), each financial institution listed on the signature pages of this Agreement or which hereafter becomes a party hereto (each a “Lender” and any two or more, “Lenders”); and U.S. Bank National Association (“U.S. Bank”), as agent for the Lenders (in such capacity, “Agent”).

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