Hertz 2014 Annual Report Download - page 367

CONFIDENTIAL INFORMATION REDACTED AND FILED SEPARATELY
WITH THE SECURITIES AND EXCHANGE COMMISSION.
OMITTED PORTIONS INDICATED BY [*REDACTED*].
Confidential December 12, 2014
December 12, 2014
Mr. Darren Arrington
Senior Vice President, Fleet
The Hertz Corporation
999 Vanderbilt Beach Road
Naples, FL 34108
Dear Darren,
Chrysler Group LLC is pleased to extend the enclosed incentive program to The Hertz Corporation name.
This binding Agreement is an addendum to our previous 2014/2015 Supply Agreement (signed on 12/20/2013). This
confirms our agreement for The Hertz Corporation, in its own capacity and as an agent for an on behalf of its wholly-
owned subsidiaries Hertz General Interest LLC, DTG Operations, Inc. and Rental Car Finance Corp., (“Customer”) to
order and purchase 2015 model year vehicles from Chrysler Group LLC (“Chrysler”) under Chrysler’s Guaranteed
Depreciation Program (“GDP”) and Long Term Daily Rental Program (“LTDR” or “Risk”). Except as otherwise set
forth herein, this Agreement represents the definitive purchase agreement between Chrysler and Customer for the 2015
contract year, which is the period from May 1, 2014 through April 30, 2015 (the “Contract Year”).
1. Customer Purchase Obligations
This addendum represents “Year Two” of the two year supply agreement.
As set forth in more detail below, Customer (a) shall be able to order and purchase the number of vehicles set forth on the
final statement of Exhibit A-1 (or more with Chrysler agreement) under the GDP (such vehicles, “GDP Vehicles”), and
(b) shall order and purchase a minimum of the number of vehicles set forth on the final statement of Exhibit A-2 under
the LTDR (such vehicles, “LTDR Vehicles”).
Customer’s total Contract Year acquisitions must equal or exceed the total of the number of vehicles set forth on the final
Exhibits A-1 and A-2.
As part of the Two Year Supply agreement, [*REDACTED*] for future achievement of [*REDACTED*] units. Upon
shipment of the vehicles included this addendum ([*REDACTED*]), [*REDACTED*] has honored the two year
volume commitment, and fulfilled requirements as set forth.
Source: HERTZ GLOBAL HOLDINGS INC, 10-K, July 16, 2015 Powered by Morningstar® Document Research℠
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