Subordinated Indenture (2000)Full Document 

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                             Sonic Automotive, Inc.,
                                    as Issuer

                                       and

                          The Guarantors named herein,
                                  as Guarantors

                                       TO

                         ------------------------------
                                     Trustee



                                 --------------


                             SUBORDINATED INDENTURE

                          Dated as of __________, 2000


                                 --------------



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                                TABLE OF CONTENTS

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ARTICLE ONE  DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION..............................................2
   SECTION 101.  Definitions......................................................................................2
   SECTION 102.  Compliance Certificates and Opinions............................................................12
   SECTION 103.  Form of Documents Delivered to Trustee..........................................................13
   SECTION 104.  Acts of Holders; Record Dates...................................................................14
   SECTION 105.  Notices, Etc., to Trustee and Company...........................................................15
   SECTION 106.  Notice to Holders; Waiver.......................................................................15
   SECTION 107.  Conflict with Trust Indenture Act...............................................................16
   SECTION 108.  Effect of Headings and Table of Contents........................................................16
   SECTION 109.  Successors and Assigns..........................................................................16
   SECTION 110.  Separability Clause.............................................................................16
   SECTION 111.  Benefits of Indenture...........................................................................16
   SECTION 112.  Governing Law...................................................................................16
   SECTION 113.  Legal Holidays..................................................................................17

ARTICLE TWO  SECURITY FORMS......................................................................................17
   SECTION 201.  Forms Generally.................................................................................17
   SECTION 202.  Form of Face of Security........................................................................17
   SECTION 203.  Form of Reverse of Security.....................................................................19
   SECTION 204.  Form of Subsidiary Guarantee....................................................................23
   SECTION 205.  Form of Legend for Global Securities............................................................24
   SECTION 206.  Form of Trustee's Certificate of Authentication.................................................24

ARTICLE THREE  THE SECURITIES....................................................................................24
   SECTION 301.  Amount Unlimited; Issuable in Series............................................................24
   SECTION 302.  Denominations...................................................................................27
   SECTION 303.  Execution, Authentication, Delivery and Dating..................................................27
   SECTION 304.  Temporary Securities............................................................................29
   SECTION 305.  Registration, Registration of Transfer and Exchange.............................................29
   SECTION 306.  Mutilated, Destroyed, Lost and Stolen Securities................................................31
   SECTION 307.  Payment of Interest; Interest Rights Preserved..................................................32
   SECTION 308.  CUSIP Numbers...................................................................................33

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