RECEIVABLES PURCHASE AND SALE AGREEMENT (LIMITED RECOURSE)

Exhibit 10.1

RECEIVABLES PURCHASE AND SALE AGREEMENT

(LIMITED RECOURSE)

This Receivables Purchase and Sale Agreement (Limited Recourse) is entered into this 14th day of December, 2011, between Innovate Loan Servicing Corporation, a Texas corporation (“Buyer”), and Best Buy Autos of Bainbridge Inc., a Georgia corporation (“Seller”).

WHEREAS, Seller wishes to sell and Buyer wishes to buy all of Seller’s rights, title and interest in and to certain retail installment sales contracts secured by liens on motor vehicles and certain promissory notes and security interests in motor vehicles securing such notes (collectively the “Receivables” and each a “Receivable”).

NOW, THEREFORE, in consideration of these premises and of the mutual covenants and agreements hereinafter contained, the receipt and adequacy of which are hereby acknowledged, the Buyer and Seller hereby agree as follows:

ARTICLE I

DEFINITIONS

Whenever used herein, the following words and phrases, unless the context otherwise requires, will have the following meanings:

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ARTICLE II

PURCHASE AND SALE

Section 2.1. Purchase and Sale. Subject to the terms and conditions set forth in this Agreement, on the Closing Date, Seller hereby agrees to sell, assign, transfer, set over, and convey to Buyer, and Buyer agrees to purchase and accept, subject to the terms of this Agreement, (a) all of Seller’s right, title and interest in and to those certain Receivables (together with the Related Security) identified on the Receivables Schedule; (b) all of the rights under any lender’s single interest insurance policy relating to a Financed Vehicle for the benefit of the creditor of the related Contract (to the extent that such rights may be assigned or otherwise conveyed); (c) all documents contained in the related Receivables File and the Servicing File; and, (d) all proceeds derived from any of the foregoing, other than the Purchase Price, paid pursuant to this Agreement (collectively, the “Conveyed Property”).

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Section 2.2. True Sales.

(a) It is the express intention of Buyer and Seller that each transfer of Conveyed Property hereunder constitutes a true sale by Seller to Buyer that is absolute and irrevocable and that provides Buyer with the full benefits of ownership of the Conveyed Property, and not a pledge of such Conveyed Property by Seller to Buyer to secure a debt or other obligation of Seller. Consequently, the sale of each Conveyed Property shall be reflected as a sale on Seller’s business records and financial statements. However, in the event that, notwithstanding the intent of the parties, any Conveyed Property is deemed not to have been transferred to Buyer, then (i) this Agreement also shall be deemed to be and hereby is a security agreement within the meaning of the UCC, and (ii) the conveyance by Seller provided for in this Agreement shall be deemed to be a grant by Seller to Buyer of, and Seller hereby grants to Buyer, a security interest in and to all of Seller’s right, title and interest in, to and under the Conveyed Property, whether now or hereafter existing or created, to secure (1) the rights of Buyer hereunder, and (2) without limiting the foregoing, the payment and performance of Seller’s obligations to Buyer.

(b) Buyer and Seller shall, to the extent consistent with this Agreement, take such actions as may be necessary to ensure that, if this Agreement were deemed to create a security interest in the Conveyed Property, such security interest would be deemed to be a perfected security interest of first priority in favor of Buyer under applicable law and will be maintained as such throughout the term of this Agreement. Seller hereby authorizes Buyer or its designee to file one or more UCC financing or continuation statements, and amendments thereto and assignments thereof, relative to all or any of the Conveyed Property of Seller, in each case whether now existing or hereafter generated by Seller. Unless otherwise agreed to by the parties, Seller agrees to pay all reasonable out-of-pocket costs and expenses of Buyer, excluding fees and expenses of counsel, in connection with the perfection as against third parties of Buyer’s right, title and interest in and to the Conveyed Property and the enforcement of any obligations of Seller under this Agreement.

ARTICLE III

PURCHASE PRICE

Section 3.1. Purchase Price. The Purchase Price for each Receivable listed on the Receivables Schedule (together with the Related Security) shall be the percentage of par as stated in the Receivables Schedule, multiplied by the Payoff as of the Cut-Off Date with respect to such Receivable. On the Closing Date, Buyer shall pay to Seller the Purchase Price as set forth in Section 10.3. Buyer shall own and be entitled to receive with respect to each purchased Receivable all Collections (whether or not received or recovered) from and after the Cut-Off Date, including, without limitation, (1) all principal due and owing on the Receivables, (2) all Accrued Interest on the Receivables; and (3) all other charges or payments due and owing and collections on the Receivables, in each case from and after the Cut-Off Date.

Section 3.2. Seller’s Recourse Obligations.

(a) Seller understands and agrees that Buyer will not purchase Receivables hereunder unless Buyer provides the recourse set forth herein.

(b) As an inducement to Buyer to purchase the Receivables hereunder, Seller hereby irrevocably and unconditionally agrees to repurchase any Receivable which meets or met the conditions for repurchase set forth below during the Recourse Period (as hereinafter defined).

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(c) With respect to a particular Receivable and related Contract sold hereunder, the Recourse Period shall begin on the Closing Date and shall end upon Buyer’s receipt of the last full Scheduled Payment specified for such Contract’s Recourse Period set forth on the Receivables Schedule.

(d) Conditions for Repurchase. A contract shall be subject to repurchase by Seller in the event the Obligor(s) thereunder, during the Recourse Period but not thereafter,

(i) Fail(s) to timely make a Schedule Payment;

(ii) Fail(s) to maintain insurance on the Financed Vehicle;

(iii) Causes or permits, directly or indirectly and for any reason or no reason, the repossession, taking, impoundment, replevin or sequestration of the Financed Vehicle, whether voluntarily or involuntarily, and whether by Seller, Buyer, or any other Person; or,

(iv) Breaches any term of the Contract in any respect.

(e) Timing of Repurchase; Notice to Seller. At any time, Seller shall pay to Buyer the Repurchase Price with respect to a particular Receivable, in immediately available funds, within five (5) days of Buyer’s transmission to Seller of notice that such Receivable meets or met, during the Recourse Period, the conditions for repurchase set forth in Section 3.2(d).

Section 3.3. Deposit Amount / Seller’s Right to Set-Off. The Deposit Amount shall be equal to $    N/A    .    , which amount shall be retained by Buyer out of the Purchase Price to ensure that (i) the Seller and/or the Current Servicer transmit to Buyer all payments received by either such party after the Cut-Off Date with respect to Conveyed Property as set forth in Section 3.4, and (ii) Seller timely pays Buyer the Repurchase Price for any Contracts required to be repurchased pursuant to Sections 3.2 and 5.3. If Seller or Current Servicer, as applicable, shall fail to promptly remit such payments to Buyer, Buyer shall be permitted to deduct the full amount of such payments from the Deposit Amount. On         N/A        , Buyer shall remit to Seller, via wire transfer to such account as Seller shall direct, the Deposit Amount less amounts deducted in accordance herewith, and shall provide Seller a detailed accounting of the amounts so deducted.

Section 3.4. Payments Received by Seller On or After the Cut-Off Date. Buyer shall provide prompt written notice (“Notice”) to Seller and the Current Servicer of any payments that it believes the Seller or the Current Servicer has received and which the Buyer is entitled to under the terms hereof, and Seller and/or Current Servicer agree to give Buyer Notice of any payments, with respect to the Conveyed Property, that it receives on or after the Cut-Off Date. Seller agrees to remit (or cause the Current Servicer to remit), within two Business Days of receipt of any Notice it receives from Buyer, or two days of the date of any such notice it gives to Buyer, any such payments that Seller has received to which Buyer is entitled hereunder. In the event that Seller or Current Servicer disputes that it has ever received a payment that is identified in a Notice, it shall give prompt written notice to Buyer that it has not, in fact, received any such payment. Upon receipt of such notice from Seller or Current Servicer, Buyer shall be obligated to submit written evidence to Seller and Current Servicer, which evidence must be reasonably satisfactory to Seller and Current Servicer, that such payment has, in fact, been received by Seller or Current Servicer. Upon written confirmation of Seller and Current Servicer of their receipt of such evidence (which confirmation will be sent to Buyer), Seller and Current Servicer, as applicable, shall be obligated to remit the full amount of such payment to Buyer.

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ARTICLE IV

TRANSFER

Section 4.1. Transfer Fee; Transfer Documentation; Notice. On the Closing Date, Seller shall pay to Buyer the Transfer Fee, which shall be the amount of $    N/A  .    . At Buyer’s sole option the Transfer Fee may be deducted from the Purchase Price. Further, Seller shall, at Seller’s sole expense, reasonably cooperate with Buyer to take the following actions necessary to transfer to Buyer the Conveyed Property:

(a) Notifying the Obligors of Buyer’s ownership and servicing of the Receivables and related Contracts by the mailing of a letter, in the form attached as Exhibit D hereto, within two (2) Business Days of the Closing Date.

(b) Notifying the Obligors of Buyer’s ownership and servicing of the Contracts during any in-person, telephonic, electronic, or other interactions with Obligors.

(c) Executing limited powers of attorney in the forms of Exhibits E and F and a Special Limited Power of Attorney in the form of Exhibit G.

(d) With respect to a Financed Vehicle, providing to Buyer any documentation necessary to evidence clear chain of title to Seller. If such documentation is provided, Seller shall have no further obligation to transfer or change the lien holder of record on any Certificate of Title with respect to a Financed Vehicle, and any transfer or change of record lien holder shall be made by Buyer at Buyer’s election and Buyer’s expense (exclusive of the Transfer Fee).

ARTICLE V

REPRESENTATIONS AND WARRANTIES OF SELLER

Section 5.1. General Representations and Warranties. Seller hereby represents and warrants to Buyer, as of the Closing Date, as follows:

(a) Organization and Good Standing. Seller is an entity duly organized, validly existing and in good standing under the laws of its state of organization, and has the corporate power and authority and all government licenses, authorizations, consents and approvals required in each jurisdiction in which its business is now conducted, to own its assets and to transact the business in which it is currently engaged. Seller is duly qualified to do business as a foreign entity where required and is in good standing in each jurisdiction in which the character of the business transacted by it or properties owned or leased by it requires such qualification and in which the failure so to qualify would adversely affect Buyer’s enforcement of the Contracts.

(b) Authorization; Binding Obligations. Seller has the power and authority to make, execute, deliver, and perform this Agreement and all of the transactions contemplated under this Agreement and has taken all necessary corporate action to authorize the execution, delivery, and performance of this Agreement. When executed and delivered, this Agreement will constitute the legal, valid and binding obligation of Seller enforceable in accordance with its terms, except as enforcement of such terms may be limited by bankruptcy, insolvency, or similar laws affecting the enforcement of creditors’ rights generally and by the availability of equitable remedies.

(c) No Consent Required. Seller is not required to obtain the consent of any other party, financial or otherwise, or any consent, license, approval or authorization from, or registration or declaration with, any governmental authority, bureau, or agency in connection with the execution, delivery, performance, validity or enforceability of this Agreement.

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(d) No Violations. The execution, delivery, and performance of this Agreement by Seller will not violate any provision of its articles of incorporation, bylaws or standing resolutions, any existing law or regulation or any order or decree of any court, or constitute a material breach of any mortgage, indenture, contract, or other agreement to which Seller is a party or by which Seller may be bound.

(e) Litigation. No litigation or administrative proceeding of or before any court, tribunal, or governmental body is currently pending, or to the knowledge of Seller threatened, against Seller or any of its properties or with respect to this Agreement which, if adversely determined, would have a material adverse effect on the transactions contemplated by this Agreement.

(f) Licensing. Seller has obtained and currently holds all government licenses, authorizations, consents and approvals required to (i) sell the Financed Vehicles, (2) originate and purchase the Receivables, and (iii) service and collect the Receivables, in each jurisdiction in which Seller sells Financed Vehicles, originates or purchases Receivables, and services and collects Receivables.

Section 5.2. Representations and Warranties With Respect to Receivables. For each Receivable sold by Seller and purchased by Buyer hereunder, Seller represents and warrants to Buyer that, as of the Closing Date:

(a) Lawful Assignment. The Receivable has not been originated in and is not subject to the laws of any jurisdiction under which the transfer of such Receivable to Buyer pursuant to this Agreement is unlawful, void, or voidable or renders the related Contract unenforceable. Seller has not entered into any agreement with the related Obligor that prohibits, restricts, or conditions the assignment, pledge, or sale of any portion of such Receivable.

(b) Ownership. Seller originated or purchased the Receivable for fair value and took possession thereof in the ordinary course of its business, and such Receivable was not at the time of Seller’s origination or purchase thereof subject to a security interest. Seller has not sold, assigned or pledged the Receivable to any Person and, prior to the transfer of the Receivable by Seller to Buyer, has good and marketable title thereto free and clear of any encumbrance, equity, loan, pledge, charge, claim or security interest (except for any of the foregoing released prior to or in connection with the sale and transfer in accordance herewith) and was the sole owner thereof with full right to transfer the Receivable to Buyer. Seller acknowledges that Buyer has no obligation to any dealer with respect to dealer participations and shall indemnify and hold Seller and its assigns harmless with respect to same.

(c) Certificate of Title. Seller has obtained a Certificate of Title (or the functional equivalent thereof for jurisdictions that do not deliver a Certificate of Title to secured lenders) for the Financed Vehicle, except with respect to those Receivables listed on Exhibit H, for which Seller shall provide Certificates of Title within sixty (60) days after the Closing Date. With respect to any Receivable listed on Exhibit H for which Seller does not provide a Certificate of Title within sixty (60) days after the Closing Date, Seller shall, within fifteen (15) days after receiving a written repurchase request from Buyer (such written request to be given after the expiration of the 60-day period) repurchase such Contract by paying Buyer in good funds the Repurchase Price.

(d) Marking Records. On or before the Closing Date, the Seller will have caused the portions of its electronic ledger relating to Conveyed Property to be clearly and unambiguously marked to indicate that such Contracts have been sold to Buyer.

(e) Receivables File. With respect to such Receivable, the related Receivables File contains, in all material respects, the documents required to be contained therein pursuant to this Agreement.

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(f) No Waivers. With respect to such Receivable, the terms of the related Contract have not been waived, altered, or modified in any material respect, except by instruments or documents identified in the Receivables File or in the Servicing File.

(g) Contract in Force. With respect to such Receivable, the related Contract has not been satisfied or subordinated in whole or in part or rescinded, and the Financed Vehicle securing the Contract has not been released from the lien of the Contract in whole or in part.

(h) Selection Procedures. No selection procedures believed to be adverse to Buyer have been utilized in selecting the Receivables sold hereunder from among those Receivables that meet the criteria contained herein. Seller has not engaged in any activity or committed any action intended, or the natural consequence of which is, to give any Receivable the appearance of compliance with this Agreement and these representation and warranties which such Receivable, absent such activity or action by Seller, would otherwise not comply with this Agreement or these representation or warranties.

(i) Compliance with Law. The Contract and the sale of the related motor vehicle complied at the time it was originated and upon the execution of this Agreement, and complies at the time of its sale to Buyer hereunder, in all material respects with all applicable federal, state, and local laws, regulations, and ordinances, including but not limited to the Fair Credit Reporting Act, the Equal Credit Opportunity Act and Regulation B, the Truth-in-Lending Act and Regulation Z, and FTC rules and regulations.

(j) Binding Obligation. Such Receivable represents the genuine, legal, valid, and binding payment obligation of the Obligor, enforceable by the holder thereof in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws, now or hereafter in effect, affecting the enforcement of creditors’ rights in general and except as such enforceability may be limited by general principles of equity (whether considered in a suit at law or in equity).

(k) No Defenses. No right of rescission, setoff, counterclaim or any other defense (including defenses arising out of violations of usury laws) has been asserted or threatened with respect to such Receivable.

(l) Seller does not know of any fact that indicates the uncollectability by Buyer of any Contract.

(m) The information contained in the Receivables Schedule, as set forth in Section 10.2(a) and Exhibit B, including without limitation the identification of Current Performing Contracts, Delinquent Performing Contracts, Non-Performing Contracts, and Performing Contracts, is true and correct as of the Cut-Off Date.

(n) The information and data contained in the Electronic Data File, as set forth in Section 10.2(b) and Exhibit C, is true and correct as of the Cut-Off Date.

Section 5.3. Remedy for Breach of Representation and Warranty and Limitation of Same; Repurchase.

(a) The representations and warranties of Seller set forth herein shall survive the sale of the Contracts to the Buyer and shall inure to the benefit of the Buyer and its successors and assigns, notwithstanding any restrictive or qualified endorsement on any Contract.

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(b) In the event of a breach by Seller of any representation or warranty in this Agreement with respect to a Receivable, including without limitation Article V hereof, the party discovering such breach will promptly provide written notice to the other party. Within thirty (30) calendar days of the earlier of either discovery by or notice to Buyer of any such breach, Buyer shall notify Seller of its election to proceed at its sole option under (i) or (ii) below:

(i) Buyer may, at its sole option, afford Seller the opportunity to cure such breach with respect to such Receivable. If Buyer elects to afford Seller the opportunity to cure such breach, Seller shall use its best efforts to cure such breach within fourteen (14) calendar days of Buyer’s notice and, if such breach cannot be cured, Seller shall repurchase such Receivable and the Related Security by paying Buyer the Repurchase Price in good funds within two (2) Business Days following the expiration of the related cure period. Or,

(ii) Buyer may, at its sole option, require Seller to immediately repurchase such Receivable. If Buyer requires Seller to immediately repurchase such Receivable, Seller shall repurchase such Receivable and the Related Security by paying Buyer the Repurchase Price in good funds within two (2) Business Days following Buyer’s notice hereunder.

(c) In the event Seller either elects to repurchase the Contract or is required to repurchase the Contract under Section 5.3(b), Buyer shall deliver to Seller, upon payment by the Seller of the Repurchase Price, the related Contract File and shall assign to Seller all of Buyer’s right, title, and interest in and to the related Conveyed Property, free and clear of any and all claims, liens, and encumbrances, except for those which existed at the time of Buyer’s purchase thereof from Seller.

(d) The “Repurchase Price” of a Contract shall be the percentage of par as stated in the Receivables Schedule, multiplied by the Payoff as of the date the Repurchase Price is paid to Buyer with respect to such Receivable.

ARTICLE VI

REPRESENTATIONS AND WARRANTIES OF BUYER

Section 6.1. Buyer Representations and Warranties. Buyer hereby represents and warrants to Seller, as of the Closing Date, as follows:

(a) Organization and Good Standing. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has the corporate power to own its assets and to transact the business in which it is currently engaged. Buyer is duly qualified to do business as a foreign corporation and is in good standing in each jurisdiction in which the character of the business transacted by it or properties owned or leased by it requires such qualification and in which the failure so to qualify would have a material adverse effect on the Buyer’s ability to perform its obligations hereunder.

(b) Authorization: Binding Obligations. Buyer has the power and authority to make, execute, deliver, and perform this Agreement and all of its transactions contemplated under this Agreement and has taken all necessary corporate action to authorize the execution, delivery, and performance of this Agreement. When executed and delivered, this Agreement will constitute the legal, valid and binding obligation of Buyer enforceable in accordance with its terms, except as enforcement of such terms may be limited by bankruptcy, insolvency, or similar laws affecting the enforcement of creditors’ rights generally and by the availability of equitable remedies.

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(c) No Consent Required. Buyer is not required to obtain the consent of any other party or any consent, license, approval or authorization from, or registration or declaration with, any governmental authority, bureau, or agency in connection with the execution, delivery, performance, validity or enforceability of this Agreement.

(d) No Violations. The execution, delivery, and performance of this Agreement by Buyer will not violate any provision of any existing law or regulation or any order or decree of any court or the Certificate of Incorporation or Bylaws of Buyer, or constitute a material breach of any mortgage, indenture, contract, or other agreement to which Buyer is a party or by which Buyer may be bound.

(e) Litigation. No litigation or administrative proceeding of or before any court, tribunal, or governmental body is currently pending, or to the knowledge of Buyer threatened, against Buyer or any of its properties or with respect to this Agreement which, if adversely determined, would in the opinion of Buyer have a material adverse effect on the transactions contemplated by this Agreement.

(f) Approvals, Licensing, Etc. All actions, approvals, consents, waivers, exemptions, variances, franchises, orders, permits, authorizations, rights, and licenses required to be taken, given or obtained, as the case may be, by or from any federal, state or other governmental authority or agency, that are necessary or advisable in connection with the execution and delivery by Buyer of this Agreement and other documents have been duly taken, given, or obtained, as the case may be, are in full force and effect to be entered into in connection herewith, are not subject to any pending proceedings or appeals (administrative, judicial, or otherwise) and either the time within which any appeal therefrom may be taken or review thereof may be obtained has expired or no review thereof may be obtained or appeal therefrom taken, and are adequate to authorize the consummation of the transactions contemplated by this Agreement and other documents to be entered into in connection herewith on the part of Buyer and the performance by Buyer of its obligations hereunder and thereunder.

ARTICLE VII

SERVICING

Section 7.1. Transfer and Assignment. Effective as of the Servicing Transfer Date, (a) Seller shall transfer, delegate, and assign all of its rights, duties and obligations regarding the servicing of the Conveyed Property, including all rights to receive payment, to Buyer and (b) Buyer shall assume all of the Seller’s such duties and obligations and accept all of Seller’s such rights. After the execution of this Agreement and prior to the Servicing Transfer Date, Seller or the Current Servicer shall service the Contracts that will be, after the Closing, Conveyed Property in accordance with its current customary practices. Seller shall forward all payments received with respect to Conveyed Property after the Cutoff Date to the Buyer, within one business day after Buyer’s receipt of such payment, via overnight delivery or wire with faxed listing of account(s) for credit.

ARTICLE VIII

FURTHER ASSURANCES

Section 8.1. Further Assurances.

(a) In order to protect and secure Buyer’s rights hereunder, Seller, upon the request of and at the expense of the Buyer or its assigns, shall perform or cause to be done and performed, every reasonable act necessary or advisable to put Buyer in position to enforce the payment of the Contracts and to carry out the intent of this Agreement, including the execution of documents such as applications for certificates of title and Uniform Commercial Code financing statements assigning Seller’s security interests in the motor vehicles securing the Contracts, and the execution of, and if necessary, the recordation of, additional documents, including separate endorsements and assignments, upon request of Buyer.

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(b) In order to protect and secure Buyer’s rights hereunder, Seller, within one (1) business day of its receipt of any correspondence, notification, notice, or similar document related to or concerning any Contract purchased by the Buyer hereunder, shall forward same to Buyer.

Section 8.2. Returned Payments.

(a) Buyer agrees to pay to Seller, within two (2) business days after notice from Seller, amounts equal to any Obligor checks or other payments originally tendered to Seller by Obligor(s) and returned unpaid for insufficient funds or other reasons after the Cut-Off Date, and Seller shall provide to Buyer copies of documents evidencing the returned checks or payments.

(b) In the event Seller repurchases a contract pursuant to Section 3.2 or 5.3, Seller agrees to pay to Buyer, within two (2) business days after notice from Buyer, amounts equal to any Obligor checks or other payments tendered to Buyer with respect to such contract prior to such repurchase and returned unpaid for insufficient funds or other reasons, and Buyer shall provide to Seller copies of documents evidencing the returned checks or payments.

ARTICLE IX

BROKERAGE AND OTHER THIRD-PARTY FEES

Section 9.1. Brokers. Buyer and Seller each represent and warrant to the other that it has not dealt with any Person entitled to a brokerage fee or commission in connection with this Agreement, except for such Person(s) listed below, which shall be paid a Fee not to exceed the percentage of the Purchase Price set forth next to the name of such Person below. In the event that Buyer is to pay any Fee due and owing to a Person engaged by Seller in connection herewith, Seller shall indemnify and hold Buyer, its agents and assigns harmless from and against any claim or liability related to such engagement, payment, and Fee.

ARTICLE X

DELIVERABLES; CLOSING

(a) Receivables Schedule. Seller shall deliver to Purchaser the Receivables Schedule setting forth the Receivables to be sold to Purchaser by 12:00 noon (Central time) two (2) Business Days prior to the Closing Date (unless otherwise agreed to by the parties). The Receivables Schedule shall be substantially in the form attached hereto as Exhibit B and shall contain such information as set forth therein and below. SELLER, BY ACCEPTING THE PURCHASE PRICE PAID WITH RESPECT TO THE CONVEYED PROPERTY, SHALL BE DEEMED TO HAVE CERTIFIED, REPRESENTED

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AND WARRANTED TO BUYER, WITH RESPECT TO THE RECEIVABLES AND RELATED SECURITY TO BE SOLD BY IT ON SUCH PURCHASE DATE, THAT ALL INFORMATION AND DATA CONTAINED IN THE RECEIVABLES SCHEDULE IS CURRENT, TRUE AND CORRECT IN ALL MATERIAL RESPECTS ON AND AS OF THE CUT-OFF DATE, WITH THE SAME EFFECT AS THOUGH MADE ON AND AS OF SUCH DAY.

(i) account number for each Contract;

(ii) name of each Obligor party to a Contract;

(iii) year, make, model, and vehicle identification number of each motor vehicle which is security for a Contract;

(iv) Unpaid Principal Balance on each Contract as of the Cut-Off Date;

(v) Purchase Price on each Contract calculated as of the Cut-Off Date;

(vi) notation of whether the Contracts are Current Performing Contracts, Delinquent Performing Contracts, or Non-Performing Contracts;

(vii) to the extent any Contract is identified as a Delinquent Performing Contract, information as to whether such Contract is 30 to 59 days delinquent, 60 to 89 days delinquent, 90 to 119 days delinquent, or 120 and greater days delinquent; and,

(viii) to the extent any Contract is identified as a Non-Performing Contract, information as to the nature of the non-performance.

(b) Contents of Electronic Data File. Seller shall deliver to Purchaser the Electronic Data File, or information and data sufficient for the creation of same, including all information and data set forth in Exhibit C, with respect to the Receivables sold to Buyer by 12:00 noon (Central time) two (2) Business Days prior to the Closing Date (unless otherwise agreed to by the parties). Seller understands and agrees that Buyer intends to and shall rely upon Seller’s provision of such information and data, whether created by Seller or not, in loading or boarding the Conveyed Property onto Buyer’s account servicing system(s). SELLER, BY ACCEPTING THE PURCHASE PRICE PAID WITH RESPECT TO THE CONVEYED PROPERTY, SHALL BE DEEMED TO HAVE CERTIFIED, REPRESENTED AND WARRANTED TO BUYER, WITH RESPECT TO THE RECEIVABLES AND RELATED SECURITY TO BE SOLD BY IT ON SUCH PURCHASE DATE, THAT ALL INFORMATION AND DATA CONTAINED IN THE ELECTRONIC DATA FILE IS CURRENT, TRUE AND CORRECT IN ALL MATERIAL RESPECTS ON AND AS OF THE CUT-OFF DATE, WITH THE SAME EFFECT AS THOUGH MADE ON AND AS OF SUCH DAY.

(c) Bill of Sale. Seller, in conjunction with the payment of the Purchase Price, shall execute and deliver to Purchaser a Bill of Sale with respect to the related Purchased Assets substantially in the form attached hereto as Exhibit A.

(d) Receivables File. Seller, in conjunction with the payment of the Purchase Price, shall forward, by overnight courier for next business-day delivery, to Buyer the following with respect to each Receivable:

(i) The original Contract.

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(ii) Obligor credit files including the original application, credit investigation and such other credit information contained therein, or copies of same if the original of such document is not available.

(iii) The title file, which shall include the Certificate of Title (to the extent the state of origin has such Certificate of Title or notice of recorded lien on Seller’s name) except with respect to the Contracts listed on Exhibit H, for the Financed Vehicle.

(iv) The Servicing File, including Obligor payment and collection records.

(v) Obligor insurance files, including without limitation property insurance insuring the Financed Vehicle, gap insurance, warranties, and such other insurance information contained therein, or copies of same if the original of such document is not available.

(vi) The Bill of Sale with respect to the Financed Vehicle.

(vii) Any other documents related to the Financed Vehicle or the Obligor that Buyer may reasonably require.

(viii) REMEDY FOR FAILURE TO DELIVER RECEIVABLES FILE. In the event Seller fails to deliver, with respect to any particular Receivable, the Receivables File to the reasonable satisfaction of Buyer and in accordance with Section 10.2(d), Seller may at its sole option require Seller to immediately repurchase such Receivable. If Buyer requires Seller to immediately repurchase such Receivable, Seller shall repurchase such Receivable and the Related Security by paying to Buyer the Repurchase Price in good funds within two (2) Business Days following Buyer’s notice hereunder. In the event Seller is required to repurchase the Contract hereunder, Buyer shall deliver to Seller, upon payment by the Seller of the Repurchase Price, the related Contract File and shall assign to Seller all of Buyer’s right, title, and interest in and to the related Conveyed Property, free and clear of any and all claims, liens, and encumbrances, except for those which existed at the time of Buyer’s purchase thereof from Seller.

(e) Other Documents. Seller, in conjunction with the payment of the Purchase Price, shall forward, by overnight courier for next business-day delivery, to Buyer the following original documents:

(i) Original Limited Powers of Attorney and a Special Limited Power of Attorney in the forms of Exhibits E, F, and G attached hereto.

(ii) A certificate in the form of the attached Exhibit I signed by an Authorized Officer of Seller.

Section 10.3. Payment of Purchase Price. Subject to Seller’s complying on the Closing Date in all material respects with the terms and conditions of this Agreement, Buyer shall pay the Purchase Price to Seller on the Closing Date, by wire transfer, in immediately available funds, to:

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ARTICLE XI

NOTICES

Section 11.1. Notices. Any notice, demand or communication which either party desires or is required to give to the other party in connection with the Agreement must be in writing and must be either served personally or sent by fax and overnight mail, addressed to the other party, as follows, or to such other fax number and/or address as either party hereafter specifies in accordance with this Article XI:

IF TO BUYER:

Innovate Loan Servicing Corporation

2201 Dottie Lynn Parkway, Suite 115

Fort Worth, TX 76120

Fax (817)  ###-###-####

Attn: Eric Nordlund

Title: Chief Operating Officer

IF TO SELLER:

Best Buy Autos of Bainbridge, Inc.

114 South Broad Street

Bainbridge, GA 39817

Attn. Brad Bellville

Its: President

ARTICLE XII

MISCELLANEOUS

Section 12.1. Termination. Either party may terminate this Agreement prior to the delivery by Seller to Buyer of the Receivables Schedule.

Section 12.2. Mandatory Delivery. The sale and delivery of each Contract on the Closing Date is mandatory from and after the date of the delivery of the Receivables Schedule, it being specifically understood and agreed that each Contract is unique and identifiable on the date thereof and that an award of money damages would be insufficient to compensate Buyer for the losses and damages incurred by Buyer (including damages to prospective purchasers of the Contracts) in the event of Seller’s failure to deliver each of the related Contracts on the Closing Date. Seller hereby agrees that it holds such Contracts in custody for Buyer subject to Buyer’s (a) right to reject any Contract under the terms of this Agreement, and (b) obligation to pay the related Purchase Price. All rights and remedies of Buyer under this Agreement are distinct from, and cumulative with, any other rights or remedies under this Agreement or afforded by law or equity and all such rights and remedies may be exercised concurrently, independently or successively.

Section 12.3. Entire Agreement. This Agreement together with all exhibits and schedules hereto constitutes the entire agreement between the parties hereto and supersedes any and all representations, promises and statements, oral and written, made in connection with the subject matter of this Agreement and the negotiation hereof, and no such representation, promise or statement not written herein will be binding on the parties. This Agreement may not be varied or altered or its provisions waived except by an agreement in writing executed by duly authorized agents of both parties hereto. This Agreement will be binding upon and inure to the benefit of the parties hereto and each of their respective successors and assigns.

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Section 12.4. Governing Law; Jurisdiction and Venue.

(a) This Agreement will be interpreted, construed, and enforced in accordance with the laws of the State of Texas without reference to that state’s laws or rules pertaining to conflict of laws.

(b) EACH OF THE PARTIES TO THIS AGREEMENT HEREBY IRREVOCABLY AND UNCONDITIONALLY: (i) SUBMITS FOR ITSELF AND ITS PROPERTY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT, OR FOR RECOGNITION AND ENFORCEMENT OF ANY JUDGMENT IN RESPECT THEREOF, TO THE NON-EXCLUSIVE GENERAL JURISDICTION OF THE FEDERAL COURTS OF THE UNITED STATES OF AMERICA FOR THE NORTHERN DISTRICT OF TEXAS, AND APPELLATE COURTS FROM ANY THEREOF, OR THE COURTS OF THE STATE OF TEXAS, WITHIN THE COUNTY OF TARRANT, IN THE EVENT THE FEDERAL COURT LACKS OR DECLINES JURISDICTION; (ii) CONSENTS THAT ANY SUCH ACTION OR PROCEEDING MAY BE BROUGHT IN SUCH COURTS AND, TO THE EXTENT PERMITTED BY LAW, WAIVES ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE VENUE OF ANY SUCH ACTION OR PROCEEDING IN ANY SUCH COURT OR THAT SUCH ACTION OR PROCEEDING WAS BROUGHT IN AN INCONVENIENT COURT AND AGREES NOT TO PLEAD OR CLAIM THE SAME; (iii) AGREES THAT SERVICE OF PROCESS IN ANY SUCH ACTION OR PROCEEDING MAY BE EFFECTED BY MAILING A COPY THEREOF BY REGISTERED OR CERTIFIED MAIL (OR ANY SUBSTANTIALLY SIMILAR FORM OF MAIL), POSTAGE PREPAID, TO ITS ADDRESS SET FORTH IN ARTICLE XI OR AT SUCH OTHER ADDRESS OF WHICH THE OTHER PARTY SHALL HAVE BEEN NOTIFIED; AND (iv) AGREES THAT NOTHING HEREIN SHALL AFFECT THE RIGHT TO EFFECT SERVICE OF PROCESS IN ANY OTHER MANNER PERMITTED BY LAW OR SHALL LIMIT THE RIGHT TO SUE IN ANY OTHER JURISDICTION.

Section 12.5. Severability. Any provision of this Agreement, which is prohibited or unenforceable in any jurisdiction, will, as to such jurisdiction, be ineffective to the extent of each prohibition or unenforceability without invalidating the remaining provision hereof, and any such prohibition or unenforceability in any jurisdiction will not invalidate or render unenforceable such provisions in any other jurisdiction.

Section 12.6. Captions. Captions are for convenience of reference only and are not to be considered as defining or limiting in any way the scope of intent of the provision hereof.

Section 12.7. Waivers; Cumulative Remedies. The waiver of any breach, term, provision or condition of this Agreement may not be construed to be a subsequent waiver of any other breach, term, provisions or condition. All remedies afforded by this Agreement for a breach hereof will be cumulative, that are, in addition to all other remedies provided for herein or at law or in equity.

Section 12.8. Construction. Unless otherwise specifically provided, references in this Agreement to Sections and Exhibits are to Sections and Exhibits of or to this Agreement. All Exhibits hereto are incorporated herein by the references thereto in this Agreement. The designations of the parties to this Agreement and any pronouns referring to any party, wherever used, must be so construed as to include the plural as well as the singular number, and whenever the context permits, any gender includes all other genders and the singular number includes the plural. As used in this Agreement, the words “includes” and “including” are not limiting, and the words “hereof” and “hereunder” and words of similar import when used in this Agreement refer to this Agreement as a whole and not to any particular provision of this Agreement.

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Section 12.9. Counterparts. This Agreement may be executed in two or more counterparts and by different parties on separate counterparts of duplicate originals, each of which must be deemed an original, but all of which together will constitute but one and the same instrument.

Section 12.10. Assignment. Seller may not assign any of its rights or obligations hereunder without the prior written consent of Buyer. Buyer may freely assign any of its rights or obligations hereunder with or without the consent of Seller.

Section 12.11. Dispute Resolution.

(a) In the event of any claim, suit, or controversy (collectively, a “claim”) involving any matter governed by or related to this Agreement, the parties shall first use their diligent and good faith efforts to resolve the dispute by exchanging relevant information and negotiating in good faith, including not less than one conference call.

(b) Mediation. If the dispute resolution efforts described in the preceding section are unsuccessful, either party may, by written notice to the other party, require that the parties participate in nonbinding mediation to attempt to resolve such dispute. Such mediation shall be conducted in at a mutually agreed upon location in the event Seller or Buyer has a claim and administered by a mediator mutually acceptable to Buyer and Seller, but absent their mutual agreement, by a mediator selected by the applicable office of the American Arbitration Association under its commercial Mediation Rules. Each party shall bear its own costs of mediation. Unless the parties have attempted to resolve a dispute through the mediation procedures described above, neither party may file a lawsuit in connection with such dispute until such time as such party shall give written notice to the other party indicating the intent to file the lawsuit. Upon receipt of such notice of intent to file litigation, the other party shall have ten (10) business days in which to require that the mediation efforts specified above be undertaken as a mutually acceptable mediation situs prior to the commencement of litigation in connection with such dispute.

Section 12.12. Confidentiality. Each of Buyer and Seller will keep confidential and will not divulge to any party, without the other party’s prior written consent, the terms of this Agreement; provided, that any party may make such disclosure to its affiliates, attorneys, agents and accountants, the rating agencies, investors and potential investors and in any report or as otherwise required by law or by its regulators.

Section 12.13. No Partnership or Joint Venture; No Origination. Nothing contained in this Agreement shall be deemed or construed by the parties hereto or by any third party to create the relationship of principal and agent, partnership, or joint venture. Notwithstanding anything herein to the contrary, in no event shall the parties hereto, or any third party deem or construe Buyer as the originator of the Conveyed Property.

[SIGNATURES FOLLOW]

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IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.

RECEIVABLES PURCHASE AND SALE AGREEMENT

SIGNATURE PAGE

EXHIBIT A

FORM OF

BILL OF SALE

Best Buy Autos of Bainbridge Inc. (“Seller”), pursuant to the Receivables Purchase and Sale Agreement dated as of even date hereof (the “Agreement”), by and between Seller and Innovate Loan Servicing Corporation, a Texas corporation (“Buyer”), for good and valuable consideration paid by Buyer, the receipt and sufficiency of which are hereby acknowledged, does hereby sell, assign, transfer, set over and convey, subject to the terms of the Agreement, the Conveyed Property, unto Buyer, its successors and assigns, for its and their own use forever.

Capitalized terms used and not defined herein shall have the meanings ascribed to such terms in the Agreement.

This Bill of Sale and the covenants and agreements contained herein shall be binding upon Seller, its successors and assigns, and shall inure to the benefit of Buyer, its successors and assigns.

THIS BILL OF SALE IS MADE WITHOUT ANY WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, EXCEPT AS EXPRESSLY SET FORTH IN THE AGREEMENT.

IN WITNESS WHEREOF, Seller has caused this Bill of Sale to be executed in its name by a duly authorized representative this 14th day of December, 2011.

EXHIBIT B

RECEIVABLES SCHEDULE

Schedule 1: Ten (10) Pages Attached Hereto With List of Contracts

TOTAL PURCHASE PRICE FOR ALL CONTRACTS ON THIS SCHEDULE:

$4,428,788.98

THIS SCHEDULE OF CONTRACTS IS ISSUED PURSUANT TO AND IS SUBJECT TO ALL THE TERMS AND CONDITIONS OF THE RECEIVABLES PURCHASE AND SALE AGREEMENT DATED DECEMBER 14, 2011, BETWEEN BUYER AND SELLER.

SELLER HEREBY CERTIFIES, REPRESENTS AND WARRANTS TO BUYER THAT THE INFORMATION ATTACHED HERETO AS SCHEDULE 1 IS CURRENT, TRUE AND CORRECT IN ALL MATERIAL RESPECTS ON AND AS OF THE CUT-OFF DATE.