EXHIBIT 10.2.4
[LEXUS LOGO]
AUTOMOBILE DEALER
SALES AND SERVICE
AGREEMENT
Lexus Agt.
LEXUS DEALER AGREEMENT
This is an Agreement between LEXUS, A Division of TOYOTA MOTOR SALES, U.S.A., INC., ("LEXUS"
or "DISTRIBUTOR") and ______________________ ("DEALER"), a closely held corporation, incorporated
in the State of __________________ and doing business as ____________________________.
LEXUS GOALS AND COMMITMENTS
LEXUS is committed to creating luxury automobiles which are and will be among the finest ever built anywhere in
the world. LEXUS is equally committed to setting a new standard for extraordinary customer satisfaction
throughout the ownership cycle. To achieve this goal, LEXUS intends to maintain the finest dealer network in the
industry.
This Agreement embodies the LEXUS commitment to promote fairness within a harmonious and mutually
profitable business relationship between LEXUS and DEALER. The ultimate goal shared by all parties to this
Agreement is the satisfaction of the LEXUS customer.
PURPOSES OF AGREEMENT
LEXUS is the exclusive distributor in the continental United States of LEXUS Products which are manufactured
or approved by TOYOTA MOTOR CORPORATION ("FACTORY"). The principal purposes of this
Agreement are to set forth and affirm the commitment of LEXUS and DEALER to the goals of LEXUS;
authorize DEALER to sell and service LEXUS Products; and identify the rights and responsibilities of LEXUS
and DEALER.
I. TERM OF AGREEMENT
This Agreement is effective on the date signed by LEXUS and shall continue for a period of six years unless
ended earlier by mutual agreement or terminated as provided herein. This Agreement may not be extended
except by written consent of LEXUS. Any continuation of business relations between the parties following
expiration of this Agreement shall be on a day-to-day basis and subject to the provisions of this Agreement. Such
a continuation shall not be deemed a waiver of the right of termination nor shall it imply that either party has