AutoNation 1998 Annual Report Download - page 109

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either to increase or decrease the compensation of any individual at any time,
or to terminate any employment or other relationship between any individual and
Republic, any Subsidiary, any spin-off corporation or Affiliate.
19. NON-EXCLUSIVITY OF THE PLAN
Neither the adoption of the Plan nor the submission of the Plan to the
stockholders of Republic for approval shall be construed as creating any
limitations upon the right and authority of the Board to adopt such other
incentive compensation arrangements (which arrangements may be applicable either
generally to a class or classes of individuals or specifically to a particular
individual or individuals) as the Board in its discretion determines desirable,
including, without limitation, the granting of stock options or stock
appreciation rights otherwise than under the Plan.
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This Plan was duly adopted and approved by the Board of Directors of
Republic effective as of the 3rd day of February, 1998, subject to approval and
adoption by the stockholders of Republic.
/s/ James O. Cole
--------------------------------
Secretary of Republic
This Plan was duly approved and adopted by the stockholders of Republic
at a meeting held the 20th day of May, 1998.
/s/ James O. Cole
--------------------------------
Secretary of Republic
This Plan was duly amended by the Board of Directors of Republic
effective as of the 2nd day of November, 1998.
/s/ James O. Cole
--------------------------------
Secretary of Republic
This Plan was duly amended by the Board of Directors of Republic
effective as of the 6th day of January, 1999.
/s/ James O. Cole
--------------------------------
Secretary of Republic
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