GAP WAIVER ADDENDUM GREENTREE GAP SECURE SM DECLARATIONS COLLATERAL INFORMATION DEALER / LENDER INFORMATION GAP ADDENDUM CHARGE $

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1 Dealer Account #: Lender Account #: I RECEIVED, READ AND UNDERSTAND THE PAGE CONTAINING IMPORTANT DISCLOSURES AS WELL AS THE. I VOLUNTARILY ELECT TO PURCHASE THIS FOR THE CHARGE STATED ABOVE AND AGREE TO BE BOUND BY THE TERMS ADMINISTRATOR C O P Y

2 Dealer Account #: Lender Account #: I RECEIVED, READ AND UNDERSTAND THE PAGE CONTAINING IMPORTANT DISCLOSURES AS WELL AS THE. I VOLUNTARILY ELECT TO PURCHASE THIS FOR THE CHARGE STATED ABOVE AND AGREE TO BE BOUND BY THE TERMS DEALER/LENDER C O P Y

3 Dealer Account #: Lender Account #: I RECEIVED, READ AND UNDERSTAND THE PAGE CONTAINING IMPORTANT DISCLOSURES AS WELL AS THE. I VOLUNTARILY ELECT TO PURCHASE THIS FOR THE CHARGE STATED ABOVE AND AGREE TO BE BOUND BY THE TERMS COPY

4 Dealer Account #: Lender Account #: I RECEIVED, READ AND UNDERSTAND THE PAGE CONTAINING IMPORTANT DISCLOSURES AS WELL AS THE. I VOLUNTARILY ELECT TO PURCHASE THIS FOR THE CHARGE STATED ABOVE AND AGREE TO BE BOUND BY THE TERMS CUSTOMER COPY

5 TERMS AND CONDITIONS Your right to receive a waiver of collection is determined by the terms and conditions below. To avoid additional interest and late fees you should continue to make regularly scheduled payments until your request for waiver is approved and activated in accordance with the requirements below. Waiver Formula: If there is a direct and accidental loss or damage to the Collateral identified on the Declarations Page hereof in which either : (1) the total cost to repair the Collateral is greater than or equal to the Actual Cash Value of the Collateral immediately prior to the date on which the vehicle was damaged; or (2) the Collateral is stolen and is not recovered within thirty (30) days from the date a police report was filed or (3) your primary insurer declares the Collateral a Total Loss, then the amount waived shall be the difference between the net outstanding balance of the Finance Contract on the date on which the vehicle was stolen or damaged and the Actual Cash Value of the Collateral on the date on which the vehicle was stolen or damaged. Actual Cash Value means the retail value of the Collateral on the date of loss as listed in the National Automobile Dealers Association (NADA) Guide for the territory in which the Collateral is principally located. For Collateral which has no NADA retail value available or for which NADA is not customarily used, Actual Cash Value will be determined using the best information available to the Administrator or information which the Administrator reasonably believes accurately reflects the retail value of the Collateral and is customarily used as the basis for establishing ACV for such Collateral in the location. Limitations: The amount of waiver under this Agreement has limits and may not cancel your entire indebtedness. No amounts will be paid directly to you. You will remain obligated to pay any amounts or portions of amounts due under your account that the waiver under this Agreement is insufficient to cover. You may only activate and receive waiver for one event under this Agreement. Under no circumstances will this waiver cover any vehicle with a purchase price exceeding $50,000. Under no circumstances will this Agreement waive more than $7,500 of indebtedness, regardless of the Actual Cash Value of the Collateral. Under no circumstances will this Agreement waive more than 150% of the Actual Cash Value of the Collateral, regardless of the amount financed or your outstanding indebtedness. Reductions: The amount of any waiver shall be reduced by: delinquent payments in excess of two payments; past due charges; late payment charges; loan extensions; disposition fees; sales tax; security deposits; any proceeds that may be recovered from insurance of any kind; any collection fees; early termination fees; any charges that may have been added to the outstanding balance after the inception of the Finance Contract; unearned interest; refunds available on other items financed; any carry-over balances from a previous Loan agreement; any other charges not associated with the normal amortization of the Finance Agreement; and any primary insurance deductible(s) over $500 (This Addendum shall conform automatically to any applicable state laws concerning how the deductible is treated.) Exclusions: Notwithstanding any other provision of this Addendum, you will not receive any waiver of indebtedness for any of the following: losses occurring prior to the Finance Contract/Addendum Effective Date losses resulting from confiscation by a government body or public official theft in which neither you nor we file a police report within 5 days of the theft losses resulting from the Collateral being operated, used or maintained in any race, speed contest or other contest collateral held as security under any wholesale, floor plan, field warehouse or any other type of financing to a dealership collateral used for commercial purposes including but not limited to carrying goods or passengers for compensation or hire collateral that has been modified or customized after the sale date such that the potential GAP exposure is increased. any loan balance that exists other than for the direct purchase and financing of a private passenger vehicle. losses occurring after the Collateral has been repossessed, confiscated, or placed in our possession or in possession of our employees or agents losses due to any fraudulent, deceptive, illegal, or criminal act by you, whether acting alone or in collusion with others losses caused by or resulting from wear and tear, gradual deterioration, obsolescence, rust, corrosion, latent defect, inherent defect, freezing, overheating, or resulting from any repairing, restoration or remodeling process, structural, mechanical or electrical breakdown or failure unless fire or other accident ensues, and then only for the physical loss or damage by such ensuing fire or accident losses due to prior damages, unpaid insurance premiums, traffic citations or towing and storage losses due to hostile or warlike action in time of peace or war, including action in hindering, combating, or defending against actual, impending or expected attack losses due to any weapon of war employing atomic fission or radioactive force, whether in time of peace or war losses due to terrorism, insurrection, rebellion, revolution, civil war, usurped power, or action taken by governmental authority in hindering, combating or defending against such occurrence, seizure or destruction under quarantine or customs regulations, seizure or confiscation by order of any government or public authority, risks of contraband or illegal transportation or trade misrepresentation of facts, falsification of documents, or fraudulent or dishonest act(s) in which you participate losses to any collateral not listed on the Declarations Page of this Addendum. GAP Reimbursement Requirements: To request activation of waiver, you must contact the Lender listed on the front of this form. Lender will send you a GAP Reimbursement Form. This form must be completed by you and such other persons or officials as may be required in the Form. Waiver will not be activated until this form is properly completed by all required parties and returned to the Program Administrator. If you fail to request the required forms, or fail to provide the Program Administrator with the required forms or required evidence within 90 days following the date the Collateral is damaged or stolen, you will forfeit the right to any waiver. Required Evidence includes a completed activation form together with a complete copy of the Primary Insurance Settlement, including the valuation worksheet, a copy of the original Finance Contract and this Addendum, a copy of the accident/police report if applicable, a copy of your insurance policy, and a statement showing your outstanding balance of the as of the date the Collateral was damaged or stolen. Termination: If you do not request cancellation within thirty (30) days of the Finance Contract/Addendum Effective Date, then the GAP waiver charge is fully earned and non-refundable*. This GAP Waiver Addendum will automatically terminate and no further waiver will be provided on your behalf on the earliest of the following dates: the date you have been considered in default under the terms of your Finance Contract for more than 90 days the date the Collateral is repossessed the date your Finance Contract is lawfully discharged, terminated or refinanced prior to its scheduled expiration the date you receive a waiver activation 72 months from the Effective Date of the Addendum, regardless of whether the term of the Finance Contract is longer. * Subject to any state specific requirements.

6 Throughout this GAP Waiver Addendum, We/Us/Our shall refer to the Dealer/Lender or Assigned Lending Institution identified on the Declarations page. You/Your shall refer to the Purchaser/Borrower identified on the Declarations page. IMPORTANT DISCLOSURES Please read the following disclosures carefully before purchasing this product. This product amends your Finance Agreement. This product amends the Installment Sales Contract/Loan Agreement ( Finance Agreement ) between you and us for the purchase or lease of the Collateral identified on the Declarations Page. This product is optional. Whether or not you purchase this product will not affect your application for financing with us. You may choose to purchase a similar product from any other source. This product does not replace your insurance coverage. This product is not a contract of insurance. It provides no property, casualty or liability insurance coverage, and does not fulfill the requirements of any financial responsibility, no fault, or compulsory motor vehicle insurance law. You are responsible for maintaining insurance for the full value of the collateral as well any other insurance required by the Finance Agreement or applicable law. Amount of fee. The total fee for your GAP Waiver Addendum is shown on the Declarations page. This fee is paid as a lump sum which will be added to the amount you borrow. The fee will be collected by us as part of your monthly payments on your Finance Agreement. Our liability is contingent upon our collection of the fee, the occurrence of a waiver event and your compliance with applicable activation requirements. Termination/Refund of fee. You may cancel this product within thirty (30) days of purchase and receive a full refund provided no requests for GAP Waiver are pending. Cancellation requests received after thirty (30) days of purchase shall not be entitled to a refund. (However this Addendum shall conform automatically to any applicable state laws concerning mandatory GAP refunds or mandatory GAP refund calculation methods.) Your cancellation request must be sent in writing to the GAP Administrator, LOTSolutions, P.O. Box 45153, Jacksonville FL Additional reasons for termination include default under the terms of your Finance Contract for more than 90 days, repossession of the Collateral, termination of your Finance Contract prior to its scheduled expiration, waiver activation by you, or expiration of the Maximum Term of this Addendum. This Addendum has a maximum term of 60 months from its Effective Date, regardless of whether the term of the Finance Contract is longer This product may not cancel your entire debt. This product has limits. The amount of debt waived upon activation of this Agreement may not be sufficient to cancel your entire indebtedness. You should read the entire Addendum to determine any limits or reductions of waiver amounts upon the occurrence of a Waiver Event. Limitations, Exclusions and Conditions. There are limitations, exclusions and conditions that could prevent you from receiving a waiver under this Agreement. You may find a complete explanation in the Terms and Conditions Page of the Addendum. Arbitration. The Finance Agreement to which this Addendum applies contains an agreement to arbitrate disputes. That agreement to arbitrate disputes also applies to this Addendum. The agreement to arbitrate disputes limits or waives certain of your rights. Under the agreement to arbitrate disputes, you are waiving your right to bring a court action, and you are waiving the right to have a jury trial on all controversies, whether settled by arbitration or by a court. You cannot represent a class of claimants in the arbitration proceeding. Discovery may be more limited in arbitration than in a court proceeding, and the right and grounds to appeal from an arbitrator's award are more limited than in an appeal from a court judgment. Certain other rights you have in a court proceeding also may not be available in arbitration CUSTOMER COPY LOTSolutions