Employment Period Uses in Title and Duties Clause

Title and Duties from Employment Agreement

This Employment Agreement (this "Agreement"), dated and effective December 17, 2013 ("Effective Date"), is entered into by and between KAR Auction Services, Inc. ("Employer") and Peter Kelly ("Employee").

Title and Duties. During the Employment Period, Employee shall serve as the Chief Technology Officer of Employer and shall perform the duties and responsibilities inherent in such position and any other duties consistent with such position as may be reasonably assigned to Employee from time to time by Employer's Chief Executive Officer or Board of Directors of Employer ("Board"). Employee shall perform the duties of this position in a diligent and competent manner and on a full-time basis during the Employment Period.

Title and Duties from Employment Agreement

This Employment Agreement (this "Agreement"), dated and effective April 13, 2015 ("Effective Date"), is entered into by and between KAR Auction Services, Inc. ("Employer") and Stephane St-Hilaire ("Employee").

Title and Duties. During the Employment Period, Employee shall serve as the Chief Executive Officer and President of ADESA, Inc., a position reporting to the Chief Operating Officer of Employer. Employee shall perform the duties and responsibilities inherent in such position and any other duties consistent with such position as may be reasonably assigned to Employee from time to time by Employer's Chief Executive Officer, Chief Operating Officer or Board of Directors of Employer ("Board"). Employee shall perform the duties of this position in a diligent and competent manner and on a full-time basis during the Employment Period.

Title and Duties from Amended and Restated Employment Agreement

This Amended and Restated Employment Agreement (this "Agreement"), dated as of March 20, 2014 and effective as of March 24, 2014 ("Effective Date"), is entered into by and between KAR Auction Services, Inc. ("Employer") and Don Gottwald ("Employee").

Title and Duties. During the Employment Period, Employee shall serve as the Chief Operating Officer of Employer and shall perform the duties and responsibilities inherent in such position and any other duties consistent with such position as may be reasonably assigned to Employee from time to time by Employer's Chief Executive Officer or Board of Directors of Employer ("Board"). Employee shall perform the duties of this position in a diligent and competent manner and on a full-time basis during the Employment Period.

Title and Duties from Employment Agreement

This Employment Agreement (this Agreement), dated and effective December 17, 2013 (Effective Date), is entered into by and between KAR Auction Services, Inc. (Employer) and Don Gottwald (Employee).

Title and Duties. During the Employment Period, Employee shall serve as the Chief Executive Officer of Automotive Finance Corporation and shall perform the duties and responsibilities inherent in such position and any other duties consistent with such position as may be reasonably assigned to Employee from time to time by Employers Chief Executive Officer or Board of Directors of Employer (Board). Employee shall perform the duties of this position in a diligent and competent manner and on a full-time basis during the Employment Period.

Title and Duties from Employment Agreement

This Employment Agreement (this Agreement), dated and effective December 17, 2013 (Effective Date), is entered into by and between KAR Auction Services, Inc. (Employer) and Thomas Caruso (Employee).

Title and Duties. During the Employment Period, Employee shall serve as the Chief Client Officer of Employer and shall perform the duties and responsibilities inherent in such position and any other duties consistent with such position as may be reasonably assigned to Employee from time to time by Employers Chief Executive Officer or Board of Directors of Employer (Board). Employee shall perform the duties of this position in a diligent and competent manner and on a full-time basis during the Employment Period.

Title and Duties from Employment Agreement

This Employment Agreement (this Agreement), dated and effective December 17, 2013 (Effective Date), is entered into by and between KAR Auction Services, Inc. (Employer) and Eric Loughmiller (Employee).

Title and Duties. During the Employment Period, Employee shall serve as the Executive Vice President and Chief Financial Officer of Employer and shall perform the duties and responsibilities inherent in such position and any other duties consistent with such position as may be reasonably assigned to Employee from time to time by Employers Chief Executive Officer or Board of Directors of Employer (Board). Employee shall perform the duties of this position in a diligent and competent manner and on a full-time basis during the Employment Period.

Title and Duties

The purpose of this letter (the Agreement) is to amend and restate your existing Offer Letter with GAIN Capital Holdings, Inc. (the Company), dated February 1, 2009 (your Existing Offer Letter), to reflect the terms and conditions of your continued employment with the Company in a new role. Effective as of April 1, 2009 (the Effective Date), the key elements of your new role and continued employment with the Company are as follows:

Title and Duties. You will continue to be employed by the Company in the position of Senior Advisor and Corporate Secretary of the Company with the duties, responsibilities and authority commensurate therewith. You will report to and accept direction from the Chief Executive Officer of the Company regarding projects and activities to be completed by you for the Company during the Employment Period (as defined below).

Title and Duties

The purpose of this letter (the Agreement) is to amend and restate your existing Offer Letter with GAIN Capital Holdings, Inc. (the Company), dated February 11, 2008 (your Existing Offer Letter), to (i) clarify certain terms of your Existing Officer Letter, (ii) reflect certain changes necessary to comply with the requirements of section 409A of the Internal Revenue Code of 1986, as amended (the Code) and the final regulations issued thereunder, and (iii) provide for your continued employment as the Companys Chief Financial Officer.

Title and Duties. You will continue to serve as the Chief Financial Officer of the Company and will report to and accept direction from the Chief Executive Officer of the Company regarding projects and activities to be completed by you for the Company during the Employment Period (as defined below). You will (a) serve the Company diligently, competently and to the best of your abilities, (b) devote substantially all of your time and attention to the business of the Company and its affiliates, (c) maintain a satisfactory level of performance of your duties, and (d) not undertake any other duties that conflict with these responsibilities. You will render such services as may reasonably be required of you to accomplish the business purposes of the Company, and such duties as may be assigned to you from time to time and which are appropriate for your position at the Company. Your principal place of employment shall be at the Companys corporate headquarters in Bedminister, New Jersey.

Title and Duties

The purpose of this letter (the Agreement) is to amend and restate your existing Offer Letter with GAIN Capital Holdings, Inc. (the Company), dated February 11, 2008 (your Existing Offer Letter), to (i) clarify certain terms of your Existing Officer Letter, (ii) reflect certain changes necessary to comply with the requirements of section 409A of the Internal Revenue Code of 1986, as amended (the Code) and the final regulations issued thereunder, and (iii) provide for your continued employment as the Companys Chief Financial Officer.

Title and Duties. You will continue to serve as the Chief Financial Officer of the Company and will report to and accept direction from the Chief Executive Officer of the Company regarding projects and activities to be completed by you for the Company during the Employment Period (as defined below). You will (a) serve the Company diligently, competently and to the best of your abilities, (b) devote substantially all of your time and attention to the business of the Company and its affiliates, (c) maintain a satisfactory level of performance of your duties, and (d) not undertake any other duties that conflict with these responsibilities. You will render such services as may reasonably be required of you to accomplish the business purposes of the Company, and such duties as may be assigned to you from time to time and which are appropriate for your position at the Company. Your principal place of employment shall be at the Companys corporate headquarters in Bedminister, New Jersey.

Title and Duties

The purpose of this letter (the Agreement) is to amend and restate your existing Offer Letter with GAIN Capital Holdings, Inc. (the Company), dated February 1, 2009 (your Existing Offer Letter), to reflect the terms and conditions of your continued employment with the Company in a new role. Effective as of April 1, 2009 (the Effective Date), the key elements of your new role and continued employment with the Company are as follows:

Title and Duties. You will continue to be employed by the Company in the position of Senior Advisor and Corporate Secretary of the Company with the duties, responsibilities and authority commensurate therewith. You will report to and accept direction from the Chief Executive Officer of the Company regarding projects and activities to be completed by you for the Company during the Employment Period (as defined below).