SECOND AMENDMENT TO SHAREHOLDERS AGREEMENTShareholders Agreement • July 2nd, 2015 • Santander Consumer USA Holdings Inc. • Personal credit institutions • New York
This SECOND AMENDMENT, dated and effective as of July 2, 2015 (this “Amendment”), to that certain Shareholders Agreement, dated as of January 28, 2014, by and among Santander Consumer USA Holdings Inc. (the “Company”), Santander Holdings USA, Inc., DDFS LLC, Thomas G. Dundon, Sponsor Auto Finance Holdings Series LP, and, solely for the certain sections set forth therein, Banco Santander, S.A., as amended by the First Amendment, dated as of May 20, 2015 (the “Shareholders Agreement”), is entered into by and between the parties set forth on the signature page to this Amendment (each (other than the Company), a “Shareholder” and, collectively, the “Shareholders”) and the Company. All capitalized terms that are not otherwise defined herein shall have the meaning set forth in the Shareholders Agreement.
July 2, 2015 Thomas G. Dundon Dear Tom:Santander Consumer USA Holdings Inc. • July 2nd, 2015 • Personal credit institutions • New York
The Board of Directors (the “Board”) of Santander Consumer USA Holdings Inc. (the “Company”) appreciates your efforts and contributions over the years. This letter memorializes the terms of your agreed separation.
