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New words:
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Filing tables
Filing exhibits
- 10-K Annual report
- 4.12 Sixth Supplemental Indenture for 7.625% Notes
- 4.16 Second Supplemental Indenture for 8.375% Notes
- 10.11 Parham Letter Agreement
- 10.19 Monaghan Amended and Restated Employee Agreement
- 10.21 Kearney Amended and Restated Employee Agreement
- 12.1 Computation of Financial Ratios
- 21 Subsidiaries of the Company
- 23.1 Consent of Independent Registered Public Accounting Firm
- 31.1 Section 302 CEO Certification
- 31.2 Section 302 CFO Certification
- 32.1 Section 906 CEO Certification
- 32.2 Section 906 CFO Certification
Related press release
ABG similar filings
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Exhibit 10.11
![](https://capedge.com/proxy/10-K/0001144980-12-000031/companylogo.jpg)
October 18, 2011
Asbury Automotive Group, Inc.
2905 Premiere Parkway N.E., Suite 300
Duluth, GA 30097
Attn: Janet Clarke, Compensation & Human Resources Committee Chair
Re: Severance Benefits for Joe Parham from Asbury Automotive Group, Inc. (the “Company”)
Dear Ms. Clarke:
This letter is being written to confirm my understanding of the severance benefits granted to me by the Company, as approved by the Company's Compensation and Human Resources Committee. It is my understanding that should I be terminated by the Company without cause or if I terminate my employment with the Company for good reason within two years after a change of control of the Company, I will receive one year of my then-current base salary, benefits continuation and a pro-rated bonus in the amount that I would have received had I not been terminated that year.
Sincerely,
Joe Parham
ACKNOWLEDGED AND AGREED:
ASBURY AUTOMOTIVE GROUP, INC.
By:____________________________________________
Janet Clarke
Compensation & Human Resources Committee Chair
cc: Craig T. Monaghan, President & Chief Executive Officer of Asbury Automotive Group, Inc.