-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, T/JC54izeJrpNuLl0Xz6XZCcLgoOdDC+ZtZh4QWVEwkc2Vggp3dL57ImEOMvN7z0 rF2BP6xp40ef60KxPKBvlQ== 0000000000-08-003986.txt : 20080312 0000000000-08-003986.hdr.sgml : 20080312 20080123175101 ACCESSION NUMBER: 0000000000-08-003986 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080123 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: AVIS BUDGET GROUP, INC. CENTRAL INDEX KEY: 0000723612 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AUTO RENTAL & LEASING (NO DRIVERS) [7510] IRS NUMBER: 060918165 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 6 SYLVAN WAY CITY: PARSIPPANY STATE: X1 ZIP: 07054 BUSINESS PHONE: 973-496-2579 MAIL ADDRESS: STREET 1: 6 SYLVAN WAY CITY: PARSIPPANY STATE: X1 ZIP: 07054 FORMER COMPANY: FORMER CONFORMED NAME: CENDANT CORP DATE OF NAME CHANGE: 19971218 FORMER COMPANY: FORMER CONFORMED NAME: CUC INTERNATIONAL INC /DE/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: COMP U CARD INTERNATIONAL INC DATE OF NAME CHANGE: 19870914 PUBLIC REFERENCE ACCESSION NUMBER: 0001193125-07-044472 LETTER 1 filename1.pdf begin 644 filename1.pdf M)5!$1BTQ+C0-)>+CS],-"C4W(#`@;V)J#3P\+TQI;F5A-IB M8&#@9&!@?L(`!*+W&%`!$Q"S,'`<8%!`$N2$8@8&908>7L:E#"QY$J^2>!FN M,2V`:9)M@VJV`F)&!@;)0Q":^0C<%#8&!MUW$%%&5H```P"Q/`K.#0IE;F1S M=')E86T-96YD;V)J#38X(#`@;V)J#3P\+TQE;F=T:"`R,"]&:6QT97(O1FQA M=&5$96-O9&4O5ULQ(#$@,5TO26YD97A;-R`U,%TO1&5C;V1E4&%R;7,\/"]# M;VQU;6YS(#,O4')E9&EC=&]R(#$R/CXO4VEZ92`U-R]4>7!E+UA2968^/G-T M-IB8F)D8&)@8!SJ&"#``#V%`)D-"F5N9'-T%LP(#`@-C$R(#'1'4W1A=&4\/"]'4S`@-C<@,"!2/CX^ M/B]4>7!E+U!A9V4^/@UE;F1O8FH--C`@,"!O8FH-/#PO4W5B='EP92]47!E+T9O;G0^/@UE;F1O8FH--C$@,"!O8FH-6R])0T-"87-E M9"`V-"`P(%)=#65N9&]B:@TV,B`P(&]B:@T\/"],96YG=&@@,3`Y."]&:6QT M97(O1FQA=&5$96-O9&4^/G-T=7W$>Q8S`2($&F MTYFUG62:;;*=F&VFD^X#QJ*F:X,'L%/_^[WBP]@Q-*WCC)"1[L>YYQYI$FCC M3_#NW?A^^F$&%KQ_/YE-01M/YQ9$!?Z@_J"(4FU\BS]]*[1Q$%A`(8@URJJW M.`C\4FY2#L%&(Z`'W[7K>V6F,TU;TQ88U*0N!+.!E:Q=&?PQL,(^77$?)FN8 ME]D67-?AO>N=HV_3LBP;@@B8*1Q?0/`":..90/.Y"]-=F!]`9\*U"+-'U9-+ MF&5YH/\;W%W8=KN\T*S56.R/FP]D-M^&Z7&1N`S6:!]?X`2]9_(Y">$?%S_ZO>Q7\=:%@R3H7)'6!8.9N#97+( MI19KD^!51-Z1%I^QPZILNM^@P%?S6GD$]$]-J,EH.,<E.&93%=ADBO(,&,%X725R!BN?\AH5R9[ MW242_H[C1#<$B63>3P+*SD*D78BT)<2?^Z2`R6[Y399PFV>[[0@^I)'9'Z'= M3RH.\\-ZCW$^A8?^C1O!P!Y:P7*??UN\PF_(3CM"6 M(ZHPO*8JZ$;54H_R"A\IP\=!1'H1%D,D$!=MT?IJQYLLWR"+C+\@SG(H5Q)N MDB(*U_!%ACEQ"\M/LIBFZ6%A(^R+#'F65BBAU:[:.UD0*_8L9OX2>.I&.$A,X$: MU++5WCYAII="8-16G.'V9>RG@J8H-5-UN,_;KKWJMS/0%/V+SQO!ZYRZ:M^) MYCR3)XFZ%R.,AVP'90;9+H5HZ(RSL+*Y3Z1+Y#%R%ALE&*W M^"ZC$BJET@U.JI"48*W"SF37%Q4?J6,R3T&E#&)(:0;Q+L<.J#+<8&X%A&7M MH*S.#8G-209ZD/4H@E&[>$/"V5$>\-QUZ\T5;8X=2SWAJ@&5H3F,Y^KDI23! MP?%(6I_(D9IA4>HAK]^IF>N0=3T[U"M'>M,RO9F(LTR0+6\ET/7]+RSV?_FN M8UNO@6D:_A*/J4J(M:DW0#3H-*FKF6LC/:IWS25F4N\[1Z>![`A2-30>5O4L MZ?]4%RS^1L,N,U+$:R<8Y\KQ^N%UG"]3F>C+'4SA/RO9" M]I@4_\'/"FNSWQ`)VW[[IND,'.S(Z#:U*+H"=:;9ML#+Z`_4`+]NH\5B($CW M4IPLTQ,..[F/XGU#G9%%D11EF*)RE*`K!&=)CC*0*2E1/@8\\`'-I:<5,3PA MU$`Y$V@7C^,$KTQ8B&F6;[,\+-7T)DG#5%6IUX]X"VZ\:?XOP``(J-K>#0IE M;F1S=')E86T-96YD;V)J#38S(#`@;V)J#3P\+U-U8G1Y<&4O5')U951Y<&4O M1F]N=$1E]W]IG[W/WV7N?M2X`)$\?+B\%E@(@ MF2?@!WHXTU>%1]"Q_0`&>(`!I@`P6>FIOD'NP4`D+S<7>KK("?R+W@P!2/R^ M9>CI3Z>#_T_2K%2^``#(7\3F;$XZ2\3Y(D[*%*2*[3,BIL8DBAE&B9DO2E#$ M6\3BG%/9R6PQ]XAX>X:0(V+$1\0%&5Q.IHAOBU@S M29C,%?%;<6PRAYD.`(HDM@LXK'@1FXB8Q`\.=!'Q<@!PI+@O..8+%G"R!.)# MN:2D9O.YW(RDS@"@:$_DY7(Y+/I+BG)J4Q>-@"+9_XL M&7%MZ:(B6YI:6UH:FAF9?E&H_[KX-R7N[2*]"OC<,XC6]X?MK_Q2Z@!@S(IJ ML^L/6\Q^`#JV`B!W_P^;YB$`)$5]:[_QQ7EHXGF)%PA2;8R-,S,SC;@?!?W[KG")^)'.C?L< MYQ(83&<)^1F+:^)K"="``"0!%<@#%:`!=($A,`-6P!8X`C>P`OB!8!`.U@(6 MB`?)@`\R02[8#`I`$=@%]H)*4`/J02-H`2=`!S@-+H#+X#JX">Z`!V`$C(/G M8`:\`?,0!&$A,D2!Y"%52`LR@,P@!F0/N4$^4"`4#D5#<1`/$D*YT!:H""J% M*J%:J!'Z%CH%78"N0@/0/6@4FH)^A=[#"$R"J;`RK`T;PPS8"?:&@^$UT(%U(+W(+&4&FD7 MU"W4*&H&]0E-1BNA#=`V:"_T*G0<.A-=@"Y'-Z#;T)?0=]#CZ#<8#(:&T<%8 M83PQX9@$S#I,,>8`IA5S'C.`&:P!U@[KAV5B!=@"['[L,>PY["!V M'/L61\2IXLQP[K@('`^7ARO'->'.X@9Q$[AYO!1>"V^#]\.S\=GX$GP]O@M_ M`S^.GR=($W0(=H1@0@)A,Z&"T$*X1'A(>$4D$M6)UL0`(I>XB5A!/$Z\0APE MOB/)D/1)+J1(DI"TDW2$=)YTC_2*3"9KDQW)$60!>2>YD7R1_)C\5H(B823A M)<&6V"A1)=$N,2CQ0A(OJ27I)+E6,D>R7/*DY`W):2F\E+:4BQ13:H-4E=0I MJ6&I66F*M*FTGW2R=+%TD_15Z4D9K(RVC)L,6R9?YK#,19DQ"D+1H+A06)0M ME'K*)5X*5])4"E=8I'5;J4YI55E'V M4$Y5WJ]\47E:A:;BJ)*@4J9R5F5*E:)JK\I5+5,]I_J,+DMWHB?1*^@]]!DU M)35/-:%:K5J_VKRZCGJ(>IYZJ_HC#8(&0R-6HTRC6V-&4U735S-7LUGSOA9> MBZ$5K[5/JU=K3EM'.TQ[FW:']J2.G(Z73HY.L\Y#7;*N@VZ:;IWN;3V,'D,O M4>^`WDU]6-]"/UZ_2O^&`6Q@:<`U.&`PL!2]U'HI;VG=TF%#DJ&3889AL^&H M$XT\F%B9))O4F#TQE3%>8YIEVF?YJIF_&,JLR MNVU.-G:?YRF<$RSK*#R^Y:4"Q\+;99=%M\M+2RY%NV6$Y9:5I%6U5; M#3.H#']&,>.*-=K:V7JC]6GK=S:6-@*;$S:_V!K:)MHVV4XNUUG.65Z_?,Q. MW8YI5VLW8D^WC[8_9#_BH.;`=*AS>.*HXY;PKXNKA6NC:[R;C%N)6Z?;87=T]SKW9?<;#PF.=QWE/M*>WYV[/ M82]E+Y97H]?,"JL5ZU?T>).\@[PKO9_XZ/OP?;I\8=\5OGM\'Z[46LE;V>$' M_+S\]O@]\M?Q3_/_/@`3X!]0%?`TT#0P-[`WB!(4%=04]";8.;@D^$&(;H@P MI#M4,C0RM#%T+LPUK#1L9)7QJO6KKH%)64K)2!5(/4@M21-)NTO6DS?&]^0SJ4 MOB:]4T`5_4SU"76%6X6C&?8951EO,T,S3V9)9_&R^K+ULW=D3^2XYWR]#K6. MM:X[5RUW<^[H>J?UM1N@#3$;NC=J;,S?.+[)8]/1S83-B9M_R#/)*\U[O25L M2U>^=N[]]AOF/_CD^%[,)K129%Y44? MBEG%U[XR_:KBJX6=L3O[2RQ+#N["[.+M&MKML/MHJ71I3NG8'M\][67TLL*R MUWNC]EXM7U9>LX^P3[AOI,*GHG._YOY=^S]4QE?>J7*N:JU6JMY1/7>`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`#`/>$\_L*#0IE;F1S=')E86T-96YD;V)J#38U(#`@;V)J M#3P\+U-T96U6(#@R+T9O;G1.86UE+U1I;65S3F5W4F]M86Y04TU4+T9O;G13 M=')E=&-H+TYO7!E+T]B:E-T;3X^ M9V1D\#@43K&12"%8Q71E\8T9J)B5S&D8Q M5PJ&A5(H)@VKE&/20F4J)O%5%E@NH*OP`8YU0,1;6%38Z)QD2D(B+%-1BGT* MW*+23$%::NC`*TOHP*NT8@JHJG!,E4!@L\(6X1S3`B@DIB/2PH=4"?A`*0/? MP%;P$4IK^$!H<&,(`[@&S^`T&CR+H`8\6\3S(C0.9"';!S^O@V_XR>(]VK"^<^I_]D7]DDE]T4W]2SV*KHN3R<>;Y ML`_S<=)==%W/!]/ZX2%I9-1L;\<8(YF"Q/Y$HP0924:1T61,,L@P>4^F($,4 M111-%$T4311-%$T4]",9HFBB:*)HHABB&*(8HABB&*(8HABB&*(8HABB6*)8 MHEBB6*+81+GFYRSMY$,^]..>']?MY./^Z>>KX8=/J4JG\_N'D8A_TU&>E@[; M:=/ZX;<:=3YH)O/@^5[H9H-ZMG#/YGV4\.&L;OEP?O,P#LVL7[@S'YXO7)[M MX!K@.D@6K6N^^VZ^N(T^[W8_^5[S@Y]VX;Z>\G.^W]ZV7>^Q@(\#='CE7;6W M/JRB@WH8L8?\(-3W/F'64D=X$M!Q4X21I%I)JI6DBDNJN'2K4B#$V._<]3XP M\46D7'>FS02G[.O0\S/4\S&>Y&MH^J:=G'2WGA^'RQO:N.OONN"7.P^1>=LG M%^=[YB78RG^WR-K],72\_;=BO^>QUPLNY;\36I5E#)X_J)1=,__/O$(?=A@] MG7RPF`='3&".E4]S;#$D)LQ6RV&_W'2$%\;F6I6AU1E:DZ&U&5KWMM9:THX* M5L;Q3^\TZ%>#\[?X*J?,63W):8K,Z8K,:8O,Z8O,:8QT.>(B1USFB#?IH'[Y M=*F<5JJLYRNGE6J35II7R6_24_MJE]UX%\2;-->]"E'DA"ASQ%6&6(L7!E+UA-3"],96YG=&@@ M-#`Q,R]4>7!E+TUE=&%D871A/CYS=')E86T-"CP_>'!A8VME="!B96=I;CTB M[[N_(B!I9#TB5S5-,$UP0V5H:4AZDY48WIK8SED(C\^"CQX.GAM<&UE M=&$@>&UL;G,Z>#TB861O8F4Z;G,Z;65T82\B('@Z>&UP=&L](D%D;V)E(%A- M4"!#;W)E(#0N,"UC,S$V(#0T+C(U,SDR,2P@4W5N($]C="`P,2`R,#`V(#$W M.C$T.C,Y(CX*("`@/')D9CI21$8@>&UL;G,Z&UL;G,Z<&1F M/2)H='1P.B\O;G,N861O8F4N8V]M+W!D9B\Q+C,O(CX*("`@("`@("`@/'!D M9CI03Y314,\+W!D9G@Z0V]M<&%N>3X*("`@("`@ M("`@/'!D9G@Z4V]U#I3;W5R8V5-;V1I9FEE9#X*("`@("`@/"]R9&8Z1&5S8W)I<'1I;VX^"B`@ M("`@(#QR9&8Z1&5S8W)I<'1I;VX@&%P.D-R96%T941A=&4^,C`P."TP,2TR,U0Q-SHU M,#HP-RTP-3HP,#PO>&%P.D-R96%T941A=&4^"B`@("`@("`@(#QX87`Z365T M861A=&%$871E/C(P,#@M,#$M,C-4,3&%P34TZ26YS=&%N8V5)1#YU=6ED.CAA,C&%P34TZ26YS=&%N8V5)1#X*("`@("`@("`@ M/'AA<$U-.G-U8FIE8W0^"B`@("`@("`@("`@(#QR9&8Z4V5Q/@H@("`@("`@ M("`@("`@("`\&UL.FQA;F<](G@M M9&5F875L="(^36%I;"!3=&]P(#4U-#8\+W)D9CIL:3X*("`@("`@("`@("`@ M/"]R9&8Z06QT/@H@("`@("`@("`\+V1C.G1I=&QE/@H@("`@("`\+W)D9CI$ M97-C&UP;65T83X*("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@ M("`@("`@("`@("`@("`@(`H\/WAP86-K970@96YD/2)W(C\^#0IE;F1S=')E M86T-96YD;V)J#38@,"!O8FH-/#PO0W)E871I;VY$871E*$0Z,C`P.#`Q,C,Q M-S4P,#F4@ =-3<^/@T* -----END PRIVACY-ENHANCED MESSAGE-----