Form of Time- and Performance-Based Option Award Agreement (Series 3)-Based Option Award Agreement • January 22nd, 2014 • Santander Consumer USA Holdings Inc. • Personal credit institutions • New York
Contract Type FiledJanuary 22nd, 2014 Company Industry JurisdictionOPTION AWARD AGREEMENT (“Option Agreement”) UNDER THE SANTANDER CONSUMER USA HOLDINGS INC. 2011 MANAGEMENT EQUITY PLAN, dated as of January 22, 2014, between SANTANDER CONSUMER USA HOLDINGS INC., a Delaware corporation (the “Company”), and the individual set forth on the signature page to this Option Agreement (the “Optionee”).