AVIS BUDGET GROUP, INC.
FIFTH AMENDMENT  TO THE AMENDED AND RESTATED SERIES 2000-2 SUPPLEMENT
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<TYPE>EX-10.13
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<FILENAME>dex1013.htm
<DESCRIPTION>FIFTH AMENDMENT  TO THE AMENDED AND RESTATED SERIES 2000-2 SUPPLEMENT
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<TITLE>Fifth Amendment  to the Amended and Restated Series 2000-2 Supplement</TITLE>
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 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>Exhibit 10.13 </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="right"><FONT
FACE="Times New Roman" SIZE="2"><B>CONFORMED COPY </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><U>FIFTH AMENDMENT TO THE AMENDED AND RESTATED </U></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><U>SERIES 2000-2 SUPPLEMENT </U></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">This FIFTH
AMENDMENT (this &#147;<U>Amendment</U>&#148;), dated as of May&nbsp;9, 2007 amends the Amended and Restated Series 2000-2 Supplement (the &#147;<U>Series 2000-2 Supplement</U>&#148;), dated as of June&nbsp;29, 2001, as amended by the First Amendment
thereto, dated as of February&nbsp;18, 2002, the Second Amendment thereto, dated as of November&nbsp;22, 2002, the Third Amendment thereto, dated as of June&nbsp;3, 2004 and the Fourth Amendment thereto, dated as of December&nbsp;23, 2005, and is
between AVIS BUDGET RENTAL CAR FUNDING (AESOP) LLC (formerly known as Cendant Rental Car Funding (AESOP) LLC), a special purpose limited liability company established under the laws of Delaware (&#147;<U>ABRCF</U>&#148;) and THE BANK OF NEW YORK
TRUST COMPANY, N.A. (as successor in interest to The Bank of New York), a national banking association, as trustee (in such capacity, the &#147;<U>Trustee</U>&#148;) and as agent for the benefit of the Series 2000-2 Noteholders and the Surety
Provider (in such capacity, the &#147;<U>Series 2000-2 Agent</U>&#148;), to the Second Amended and Restated Base Indenture, dated as of June&nbsp;3, 2004, between ABRCF and the Trustee (as amended, modified or supplemented from time to time,
exclusive of Supplements creating a new Series of Notes, the &#147;<U>Base Indenture</U>&#148;). All capitalized terms used herein and not otherwise defined herein shall have the respective meanings provided therefor in the Definitions List attached
as Schedule I to the Base Indenture (as amended through the date hereof) or the Series 2000-2 Supplement, as applicable. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><U>WITNESSETH</U>:
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">WHEREAS, pursuant to Section&nbsp;12.2(i) of the Base Indenture, an amendment to any Supplement requires the consent of ABRCF, the Trustee
and each affected Noteholder of the applicable Series of Notes; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">WHEREAS, pursuant to Section&nbsp;6.11 of the Series 2000-2 Supplement,
the Surety Provider is deemed to be the sole holder of the Series 2000-2 Notes for the purpose of giving all consents, waivers and approvals under the Series 2000-2 Supplement and the Base Indenture on behalf of the Series 2000-2 Notes; </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">WHEREAS, ABRCF has requested the Trustee, the Series 2000-2 Agent and the Surety Provider to, and, upon the effectiveness of (i)&nbsp;this Amendment
and (ii)&nbsp;the letter (the &#147;<U>Consent Letter</U>&#148;), dated as of the date hereof, among ABRCF and the Surety Provider, ABRCF, the Trustee, the Series 2000-2 Agent and the Surety Provider have agreed to, amend certain provisions of the
Series 2000-2 Supplement as set forth herein; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">WHEREAS, the parties desire to amend the Series 2000-2 Supplement (1)&nbsp;to increase the
Series 2000-2 Maximum Non-Program Vehicle Percentage and (2)&nbsp;to reflect the name change of certain entities; and </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">WHEREAS, ABRCF has
requested the Trustee, the Series 2000-2 Agent and each Noteholder to, and, upon this Amendment becoming effective, ABRCF, the Trustee, the Series 2000-2 Agent and the Surety Provider voting as the sole Noteholder have agreed to, amend certain
provisions of the Series 2000-2 Supplement as set forth herein; </FONT></P>

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 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">NOW, THEREFORE, it is agreed: </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1. The Series 2000-2 Supplement is hereby amended by (i)&nbsp;replacing the term &#147;Cendant Car Rental Group, LLC&#148; with &#147;Avis Budget Car
Rental, LLC&#148;, (ii)&nbsp;replacing the term &#147;CCRG&#148; with &#147;ABCR&#148;, (iii)&nbsp;replacing the term &#147;Cendant Rental Car Funding (AESOP) LLC&#148; with &#147;Avis Budget Rental Car Funding (AESOP) LLC&#148;, and
(iv)&nbsp;replacing the term &#147;CRCF&#148; with &#147;ABRCF&#148; in each place such terms appear. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">2. The following defined term, as
set forth in Article I(b) of the Series 2000-2 Supplement, is hereby amended and restated in its entirety as follows: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">&#147;<U>Series 2000-2 Maximum Non-Program Vehicle Percentage</U>&#148; means, as of any date of determination, 60%; <U>provided</U> that the Series 2000-2 Maximum Non-Program Vehicle Percentage as of any date of determination shall be
increased by a fraction, expressed as a percentage, the numerator of which is the aggregate Net Book Value of all Redesignated Vehicles manufactured by each Bankrupt Manufacturer and each other Manufacturer with respect to which a Manufacturer Event
of Default has occurred and leased as of such date under the AESOP I Operating Lease or the Finance Lease as of such date and the denominator of which is the aggregate Net Book Value of all Vehicles leased under the Leases as of such date.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">3. This Amendment is limited as specified and, except as expressly stated herein, shall not constitute a modification, acceptance or
waiver of any other provision of the Series 2000-2 Supplement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">4. This Amendment shall become effective as of the date (the
&#147;<U>Amendment Effective Date</U>&#148;) on which each of the following has occurred: (i)&nbsp;each of the parties hereto shall have executed and delivered this Amendment to the Trustee, (ii)&nbsp;the Rating Agency Consent Condition shall have
been satisfied with respect to this Amendment, (iii)&nbsp;all certificates and opinions of counsel required under the Base Indenture shall have been delivered to the Trustee and (iv)&nbsp;the Surety Provider, as the Requisite Noteholders, shall have
executed the Consent Letter consenting hereto. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">5. From and after the Amendment Effective Date, all references to the Series 2000-2
Supplement shall be deemed to be references to the Series 2000-2 Supplement as amended hereby. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">6. This Amendment may be executed in
separate counterparts by the parties hereto, each of which when so executed and delivered shall be an original but all of which shall together constitute one and the same instrument. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">7. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF
NEW YORK. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-2- </FONT></P>


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 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed by their respective
duly authorized officers as of the date above first written. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><DIV ALIGN="right">
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<TD VALIGN="top" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2">AVIS BUDGET RENTAL CAR FUNDING (AESOP) LLC, as Issuer</FONT></TD></TR>
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<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/: Karen C. Sclafani</FONT></TD></TR>
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<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Name:</FONT></TD>
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<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Karen C. Sclafani</FONT></TD></TR>
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<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Title:</FONT></TD>
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<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Executive Vice President and</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="Times New Roman" SIZE="2">Assistant
Secretary</FONT></P></TD></TR>
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<TD VALIGN="top" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2">THE BANK OF NEW YORK TRUST COMPANY, N.A., as Trustee and Series 2000-2 Agent</FONT></TD></TR>
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<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
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<TD VALIGN="top" COLSPAN="3" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/: Marian Onischak</FONT></TD></TR>
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<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Name:</FONT></TD>
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<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Marian Onischak</FONT></TD></TR>
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<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Title:</FONT></TD>
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<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Vice President</FONT></TD></TR>
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