AVIS BUDGET GROUP, INC. and THE BANK OF NOVA SCOTIA TRUST COMPANY OF NEW YORK, as Trustee INDENTURE Dated as of October 13, 2009 3.50% Convertible Senior Notes due 2014Indenture • October 13th, 2009 • Avis Budget Group, Inc. • Services-auto rental & leasing (no drivers) • New York
INDENTURE dated as of October 13, 2009 between AVIS BUDGET GROUP, INC., a Delaware corporation, as issuer (the “Company”, as more fully set forth in Section 1.01) and THE BANK OF NOVA SCOTIA TRUST COMPANY OF NEW YORK, as trustee (the “Trustee”, as more fully set forth in Section 1.01).
October 9, 2009Warrant Agreement • October 13th, 2009 • Avis Budget Group, Inc. • Services-auto rental & leasing (no drivers) • New York
The purpose of this letter agreement (this “Confirmation”) is to confirm the terms and conditions of the Warrants issued by Avis Budget Group, Inc. (“Company”) to Wachovia Bank, National Association (“Dealer”), represented by Wells Fargo Securities, LLC (“Agent”) as its agent as of the Trade Date specified below (the “Transaction”). This letter agreement constitutes a “Confirmation” as referred to in the ISDA Master Agreement specified below. This Confirmation shall replace any previous agreements and serve as the final documentation for this Transaction.
October 9, 2009Warrant Agreement • October 13th, 2009 • Avis Budget Group, Inc. • Services-auto rental & leasing (no drivers) • New York
The purpose of this letter agreement (this “Confirmation”) is to confirm the terms and conditions of the Warrants issued by Avis Budget Group, Inc. (“Company”) to JPMorgan Chase Bank, National Association, London Branch (“JPMorgan”) as of the Trade Date specified below (the “Transaction”). This letter agreement constitutes a “Confirmation” as referred to in the ISDA Master Agreement specified below. This Confirmation shall replace any previous agreements and serve as the final documentation for this Transaction.
AVIS BUDGET GROUP, INC. Purchase Agreement October 7, 2009Purchase Agreement • October 13th, 2009 • Avis Budget Group, Inc. • Services-auto rental & leasing (no drivers) • New York
Avis Budget Group, Inc., a Delaware corporation (the “Company”), proposes to issue and sell to the several initial purchasers listed in Schedule 1 hereto (the “Initial Purchasers”), for whom you are acting as representatives (the “Representatives”), $300,000,000 principal amount of its 3.50% Convertible Senior Notes due 2014 (the “Underwritten Securities”) and, at the option of the Initial Purchasers, up to an additional $45,000,000 principal amount of its 3.50% Convertible Senior Notes due 2014 (the “Option Securities”) if and to the extent that the Initial Purchasers shall have determined to exercise the option to purchase such 3.50% Convertible Senior Notes due 2014 granted to the Initial Purchasers in Section 2 hereof. The Underwritten Securities and the Option Securities are herein referred to as the “Securities”. The Securities will be convertible into shares (the “Underlying Securities”) of common stock of the Company, par value $0.01 per share (the “Common Stock”). The Securiti
October 7, 2009Warrant Agreement • October 13th, 2009 • Avis Budget Group, Inc. • Services-auto rental & leasing (no drivers) • New York
The purpose of this letter agreement (this “Confirmation”) is to confirm the terms and conditions of the Warrants issued by Avis Budget Group, Inc. (“Company”) to Wachovia Bank, National Association (“Dealer”), represented by Wells Fargo Securities, LLC (“Agent”) as its agent as of the Trade Date specified below (the “Transaction”). This letter agreement constitutes a “Confirmation” as referred to in the ISDA Master Agreement specified below. This Confirmation shall replace any previous agreements and serve as the final documentation for this Transaction.
October 9, 2009Call Option Transaction • October 13th, 2009 • Avis Budget Group, Inc. • Services-auto rental & leasing (no drivers) • New York
The purpose of this letter agreement (this “Confirmation”) is to confirm the terms and conditions of the call option transaction entered into between JPMorgan Chase Bank, National Association, London Branch (“JPMorgan”) and Avis Budget Group, Inc. (“Counterparty”) as of the Trade Date specified below (the “Transaction”). This letter agreement constitutes a “Confirmation” as referred to in the ISDA Master Agreement specified below. This Confirmation shall replace any previous agreements and serve as the final documentation for this Transaction.
October 7, 2009Base Call Option Transaction • October 13th, 2009 • Avis Budget Group, Inc. • Services-auto rental & leasing (no drivers) • New York
The purpose of this letter agreement (this “Confirmation”) is to confirm the terms and conditions of the call option transaction entered into between JPMorgan Chase Bank, National Association, London Branch (“JPMorgan”) and Avis Budget Group, Inc. (“Counterparty”) as of the Trade Date specified below (the “Transaction”). This letter agreement constitutes a “Confirmation” as referred to in the ISDA Master Agreement specified below. This Confirmation shall replace any previous agreements and serve as the final documentation for this Transaction.
October 7, 2009Base Call Option Transaction • October 13th, 2009 • Avis Budget Group, Inc. • Services-auto rental & leasing (no drivers) • New York
The purpose of this letter agreement (this “Confirmation”) is to confirm the terms and conditions of the call option transaction entered into between Wachovia Bank, National Association (“Dealer”), represented by Wells Fargo Securities, LLC (“Agent”) as its agent and Avis Budget Group, Inc. (“Counterparty”) as of the Trade Date specified below (the “Transaction”). This letter agreement constitutes a “Confirmation” as referred to in the ISDA Master Agreement specified below. This Confirmation shall replace any previous agreements and serve as the final documentation for this Transaction.
October 9, 2009Call Option Transaction • October 13th, 2009 • Avis Budget Group, Inc. • Services-auto rental & leasing (no drivers) • New York
The purpose of this letter agreement (this “Confirmation”) is to confirm the terms and conditions of the call option transaction entered into between Wachovia Bank, National Association (“Dealer”), represented by Wells Fargo Securities, LLC (“Agent”) as its agent and Avis Budget Group, Inc. (“Counterparty”) as of the Trade Date specified below (the “Transaction”). This letter agreement constitutes a “Confirmation” as referred to in the ISDA Master Agreement specified below. This Confirmation shall replace any previous agreements and serve as the final documentation for this Transaction.
