0001580608-17-000015 Sample Contracts

FIRST AMENDMENT TO SEPARATION AGREEMENT
Separation Agreement • February 28th, 2017 • Santander Consumer USA Holdings Inc. • Personal credit institutions • New York

This FIRST AMENDMENT, dated and effective as of July 20, 2015 (this “Amendment”), to that certain Separation Agreement, dated July 2, 2015, by and among Santander Consumer USA Holdings, Inc. (“SCUSA”), Santander Consumer USA Inc., Banco Santander, S.A., Santander Holdings USA, Inc., DDFS LLC, and Thomas G. Dundon (the “Separation Agreement”), is entered into by and among the parties set forth on the signature pages to this Amendment. All capitalized terms that are not otherwise defined herein shall have the meaning set forth in the Separation Agreement.

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