AutoNation 2011 Annual Report Download - page 109

insurance plan will be required to submit proof of dependency for those dependents within 30 days of enrollment. Proof of dependency includes marriage
and birth certificates. Failure to provide dependent certification will result in those dependents not being eligible for health insurance benefits until the next
benefit enrollment period.
•401(k) Plan: You will be eligible to participate in the AutoNation 401(k) Plan after rece iving your first paycheck and completing the enrollment process
with Wells Fargo. An information kit will be mailed to your home approximately 30 days following date of hire .
•Deferred Compensation Plan: You are eligible to participate in the Deferred Compensation Plan ("DCP "), commencing in 2013. If you elect to
participate in this plan, you will receive a Company match in the DCP of up to 50% of the first $5,000 you contribute to the plan each year. The DCP is
a complement to our 401(k) plan, is limited to a select group of management associates and allows you to defer a larger percentage of your income toward
your retirement savings than within the 401(k) plan . The DCP also offers the flexibility of in-service distributions for college tuition or other major
expenses. Enrollment material will be sent to you at a later date .
•Drug Screening: This offer is contingent upon the successful completion of the Company's hair analysis drug screening process. This process tests
back 90 days for all illegal drugs. Please see the enclosed Drug Test Information Sheet for specific details on the drug testing process.
•Background Verification: This offer is contingent upon the successful completion of the Company's background verification process. Once you accept
this offer, you will be invited to complete the background consent form on line.
•Arbitration Agreement: This offer is also contingent upon your signing the Company's Arbitration Agreement.
•Confidentiality, No-Solicit/No-Hire & Non-Compete Agreement: This offer is also contingent upon your signing the Company 's Associate
Confidentiality, No-Solicit/No-Hire and Non-Compete Agreement.
•Employment Eligibility Verification: This offer is contingent upon your ability to produce acceptable documents that establish identity and
employment eligibility in the United States (U .S. Department of Justice Form 1-9). The Company requires you to produce these documents on your first
day of employment. For your reference, enclosed is a list of acceptable documents.
•At-Will Employment: This letter is not a guarantee of employment nor does it in any way abridge the employment -at-will relationship that exists between
the Company and its employees, nor does it create a contractual relationship . Management retains the right to terminate employment of any associate with
or without notice and with or without reason. Similarly, the associate also has the right to terminate employment with or without notice and with or without
reason.
•Parking: You will have the opportunity to park in the AutoNation headquarters garage for $10 .00 per pay period. This is a covered and secured parking
facility.
Please indicate your acceptance of these terms and conditions by signing below and on the enclosed copy . You have seven (7) calendar days from the mailing
date of this offer letter to consider and accept by signing and returning the original in the envelope provided.
Feel free to call me at [phone number] if you have any questions .
Sincerely, Accepted:
/s/ Julie Staub /s/ Alan McLaren 1/4/12
Julie Staub Alan McLaren Date
VP Human Resources
cc: Mike Maroone