Time-Based Option Award Agreement Sample Contracts

Form of Time-Based Option Award Agreement (Series 2)

Time-Based Option Award Agreement • January 22nd, 2014 • Santander Consumer USA Holdings Inc. • Personal credit institutions • New York

• Contract Type
  Time-Based Option Award Agreement
• Filed
  January 22nd, 2014
• Company
  Santander Consumer USA Holdings Inc.
• Industry
  Personal credit institutions
• Jurisdiction
  New York

OPTION 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”).