THIS AGREEMENT is entered into as of the 1st day of April, 2000 between THE FINOVA GROUP INC., a
Delaware corporation (the "Company"), and MATTHEW M. BREYNE (the "Executive").
WHEREAS, Executive is and since June 1, 1999, has been the President and Chief Operating Officer for this
Company's principal subsidiary, FINOVA Capital Corporation, and since October 1, 1997, an Executive Vice
President for the Company, (Executive's "Prior Position"); and
WHEREAS, Executive has agreed to render additional services to the Company pursuant to the terms of this
WHEREAS, the purpose of this Agreement is to provide a statement in writing of the respective responsibilities
and agreements of the Company and Executive with respect to Executive's employment as President and Chief
Executive Officer of the Company.
NOW, THEREFORE, in consideration of the mutual covenants and promises contained in this Agreement, the
Company and Executive agree as follows:
1. EMPLOYMENT AND TERM.
Executive shall serve as President and Chief Executive Officer of Company at Scottsdale, Arizona, or such other
location as is agreeable to Executive. The term of Executive's employment under this agreement shall commence
on April 1, 2000 and continue through March 31, 2003 (the "Term") and thereafter shall continue from year to
year (the "Extended Term") unless written notice of termination shall be given by the Board of Directors of the
Company (the "Board") or the Human Resources Committee of the Board (at the direction of the Board) or
Executive, effective at the end of the initial three (3) year period or at the end of any successive one (1) year term
thereafter, not less than six
(6) months prior to March 31, 2003 or six (6) months prior to March 31 of any year thereafter, as the case may
As President and Chief Executive Officer of the Company, Executive shall devote substantially all of his business
time to such responsibilities and shall have full a