CREDIT ACCEPTANCE CORPORATION NONQUALIFIED STOCK OPTION AGREEMENTCredit Acceptance Corporation Nonqualified Stock Option Agreement • July 29th, 2021 • Credit Acceptance Corp • Personal credit institutions • Michigan
THIS AGREEMENT, effective as of the Grant Date above but subject to the approval of the Plan by a majority of the Company's shareholders at the Company's 2021 annual meeting ("Shareholder Approval"), represents the grant of Nonqualified Stock Options by the Company to the Optionee named above, pursuant to the provisions of the Plan and this Agreement. All capitalized terms shall have the meanings ascribed to them in the Plan, unless specifically set forth otherwise herein. The parties hereto agree as follows:
