Volkswagen Credit Auction Plus Program Participation AgreementAuction Plus Program Participation Agreement • May 4th, 2015 • Delaware
WHEREAS VCI has an established wholesale auction network through contractual relationships with various auction services providers (each a “Participating Auction” and collectively, “Participating Auctions”) and regularly engages the services of Participating Auctions in VCI sponsored live and electronic (Internet) sales (each a “VCI Sponsored Auction Sale” or collectively, “VCI Sponsored Auction Sales”) to facilitate the disposition of VCI off-lease and repossessed pre-owned Volkswagen (“VW”) and Audi brand vehicles (each a “VCI Vehicle” and collectively, “VCI Vehicles”);
