EMPLOYMENT AGREEMENTEmployment Agreement • February 24th, 2017 • KAR Auction Services, Inc. • Retail-auto dealers & gasoline stations • Indiana
This Employment Agreement (this “Agreement”), dated and effective December 17, 2013 (“Effective Date”), is entered into by and between KAR Auction Services, Inc. (“Employer”) and Peter Kelly (“Employee”).
KAR Auction Services, Inc. PERFORMANCE-BASED RESTRICTED STOCK UNIT AGREEMENTPerformance-Based Restricted Stock Unit Agreement • February 24th, 2017 • KAR Auction Services, Inc. • Retail-auto dealers & gasoline stations • Delaware
THIS AGREEMENT (the “Agreement”) is made between KAR Auction Services, Inc., a Delaware corporation (the “Company”), and [NAME] (the “Recipient”) pursuant to the KAR Auction Services, Inc. 2009 Omnibus Stock and Incentive Plan, as amended (the “Plan”). Capitalized terms used but not otherwise defined herein shall have the meanings assigned to such terms in the Plan. The parties hereto agree as follows:
KAR Auction Services, Inc. RESTRICTED STOCK UNIT AGREEMENTRestricted Stock Unit Agreement • February 24th, 2017 • KAR Auction Services, Inc. • Retail-auto dealers & gasoline stations • Delaware
THIS AGREEMENT (the “Agreement”) is made between KAR Auction Services, Inc., a Delaware corporation (the “Company”), and [NAME] (the “Recipient”) pursuant to the KAR Auction Services, Inc. 2009 Omnibus Stock and Incentive Plan, as amended (the “Plan”). Capitalized terms used but not otherwise defined herein shall have the meanings assigned to such terms in the Plan. The parties hereto agree as follows:
FOURTH AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENTReceivables Purchase Agreement • February 24th, 2017 • KAR Auction Services, Inc. • Retail-auto dealers & gasoline stations • Ontario
WHEREAS the Seller, the Performance Guarantor and the Trust entered into a third amended and restated receivables purchase agreement dated as of June 16, 2015 (the "Amended and Restated RPA") pursuant to which from time to time the Seller sold to the Trust and the Trust purchased from the Seller, an undivided co-ownership interest in the Seller's present and future Receivables and the Related Security related thereto on a fully serviced basis, all in accordance with the terms of the Amended and Restated RPA;
SEVENTH AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT dated as of December 20, 2016 among AFC FUNDING CORPORATION, as Seller, AUTOMOTIVE FINANCE CORPORATION, as Servicer, The entities from time to time parties hereto as Purchasers or Purchaser...Receivables Purchase Agreement • February 24th, 2017 • KAR Auction Services, Inc. • Retail-auto dealers & gasoline stations • Indiana
This SEVENTH AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT, originally dated as of December 31, 1996, amended and restated as of May 31, 2002, as of June 15, 2004, as of April 20, 2007, as of April 26, 2011, as of June 21, 2013, as of June 16, 2015 and as of December 20, 2016 (as further amended, supplemented or otherwise modified from time to time, the “Agreement”) is entered into among AFC FUNDING CORPORATION, an Indiana corporation, as seller (the “Seller”), AUTOMOTIVE FINANCE CORPORATION, an Indiana corporation (“AFC”), as initial servicer (in such capacity, together with its successors and permitted assigns in such capacity, the “Servicer”), the entities from time to time parties hereto as Purchasers or Purchaser Agents and BANK OF MONTREAL, a Canadian chartered bank, as agent for the Purchasers (in such capacity, together with its successors and assigns in such capacity, the “Agent”).
AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • February 24th, 2017 • KAR Auction Services, Inc. • Retail-auto dealers & gasoline stations
This Amendment to Employment Agreement (this “Amendment”), dated and effective as of December 31, 2014, is entered into by and between KAR Auction Services, Inc. (“Employer”) and Peter Kelly (“Employee”) (collectively “parties”). This Amendment amends the December 17, 2013 Employment Agreement (the “Agreement”) between Employer and Employee pursuant to Paragraph 10(d) of the Agreement.
