0000950144-05-006982 Sample Contracts

AMENDMENT NO. 5 TO LOAN AGREEMENT
Loan Agreement • June 29th, 2005 • Nicholas Financial Inc • Short-term business credit institutions • New York

AMENDMENT NO. 5 dated and effective as of March 31, 2005, among NICHOLAS FINANCIAL, INC. (“Borrower”), the financial institutions listed on the signature pages hereof (the “Lenders”) and BANK OF AMERICA, N.A., as agent for the Lenders (the “Agent”).

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AUTOMOBILE DEALER RETAIL PURCHASE AGREEMENT
Automobile Dealer Retail Purchase Agreement • June 29th, 2005 • Nicholas Financial Inc • Short-term business credit institutions

The undersigned Dealer proposes to sell to the undersigned Nicholas Financial, Inc. (NFI), from time to time, Promissory Notes, Security Agreements, Retail Installment contracts, Conditional Sales Contracts, or other instruments hereinafter referred to as “Contracts”, evidencing installment payment obligations owing Dealer arising from the time sale of motor vehicle(s) and secured by such Contracts. It is understood that NFI shall have the sole discretion to determine which Contracts it will purchase from Dealer.

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