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ADMINISTRATION AGREEMENT

Financial Services Agreement

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VOLKSWAGEN AUTO LOAN ENHANCED TRUST | VW CREDIT, INC.,

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Title: ADMINISTRATION AGREEMENT
Governing Law: New York     Date: 5/3/2006

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                                                                   EXHIBIT 10.10

================================================================================

                            ADMINISTRATION AGREEMENT

                                      AMONG

                VOLKSWAGEN AUTO LOAN ENHANCED TRUST 20[__]-[__],
                                    AS ISSUER

                                VW CREDIT, INC.,
                                AS ADMINISTRATOR

                                       AND

                                  [__________],
                              AS INDENTURE TRUSTEE

                            DATED AS OF [__________]

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                                           20[__]-[__] Adiministration Agreement

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                                TABLE OF CONTENTS

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                                                                            PAGE
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1.  Duties of the Administrator..........................................     1
2.  Records..............................................................     2
3.  Compensation; Payment of Fees and Expenses...........................     3
4.  Independence of the Administrator....................................     3
5.  No Joint Venture.....................................................     3
6.  Other Activities of the Administrator................................     3
7.  Representations and Warranties of the Administrator..................     3
8.  Administrator Replacement Events; Termination of the Administrator...     4
9.  Action upon Termination or Removal...................................     6
10. Liens................................................................     6
11. Notices..............................................................     6
12. Amendments...........................................................     6
13. Governing Law; Submission to Jurisdiction............................     7
14. Headings.............................................................     8
15. Counterparts.........................................................     8
16. Severability of Provisions...........................................     8
17. Not Applicable to VCI in Other Capacities............................     8
18. Benefits of the Administration Agreement.............................     8
19. Assignment...........................................................     8
20. Nonpetition Covenant.................................................     8
21. Limitation of Liability..............................................     9
</TABLE>


                                       -i-

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     THIS ADMINISTRATION AGREEMENT (this "Agreement") dated as of [___________],
is between VOLKSWAGEN AUTO LOAN ENHANCED TRUST 20[__]-[__], a Delaware statutory
trust (the "Issuer"), VW CREDIT, INC., a Delaware corporation, as administrator
("VCI" or in its capacity as administrator, the "Administrator"), and
[__________], a national banking association, as indenture trustee (the
"Indenture Trustee"). Capitalized terms used herein and not otherwise defined
herein shall have the meanings assigned such terms in Appendix A to the Sale and
Servicing Agreement dated as of [__________] (the "Sale and Servicing
Agreement") by and among Volkswagen Public Auto Loan Securitization, LLC, as
seller, the Issuer, VCI, as servicer, and the Indenture Trustee.

                                   WITNESSETH:

     WHEREAS, the Issuer has issued the Notes pursuant to the Indenture and the
Certificate pursuant to the Trust Agreement and has entered into certain
agreements in connection therewith, including, (i) the Sale and Servicing
Agreement, (ii) the Indenture, (iii) the Note Depository Agreement and (iv) the
Trust Agreement (each of the agreements referred to in clauses (i) through (iv)
are referred to herein collectively as the "Issuer Documents");

     WHEREAS, to secure payment of the Notes, the Issuer has pledged the
Collateral to the Indenture Trustee pursuant to the Indenture;

     WHEREAS, pursuant to the Issuer Documents, the Issuer is required to
perform certain duties;

     WHEREAS, the Issuer desires to have the Administrator perform certain of
the duties of the Issuer, and to provide such additional services consistent
with this Agreement and the Issuer Documents as the Issuer may from time to time
request;

     WHEREAS, the Administrator has the capacity to provide the services
required hereby and is willing to perform such services for the Issuer on the
terms set forth herein;

     NOW, THEREFORE, in consideration of the mutual terms and covenants
contained herein, and other good and valuable consideration, the receipt and
adequacy of which are hereby acknowledged, the parties agree as follows:

     1. Duties of the Administrator.

          (a) Duties with Respect to the Issuer Documents. The Administrator
     shall perform all of its duties as Administrator under this Agreement and
     the Issuer Documents and the duties and obligations of the Issuer and the
     Owner Trustee (in its capacity as owner trustee) under the Issuer
     Documents; provided, however, except as otherwise provided in the Issuer
     Documents, that the Administrator shall have no obligation to make any
     payment required to be made by the Issuer under any Issuer Document. In
     addition, the Administrator shall consult with the Issuer and the Owner
     Trustee regarding its duties and obligations under the Issuer Documents.
     The Administrator shall monitor the performance of the Issuer and the Owner
     Trustee and shall advise the Issuer and the Owner Trustee when action is
     necessary to comply with the Issuer's and the Owner Trustee's duties and
     obligations under the Issuer Documents. The Administrator shall

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     perform such calculations, and shall prepare for execution by the Issuer or
     the Owner Trustee or shall cause the preparation by other appropriate
     persons of all such documents, reports, filings, instruments, certificates
     and opinions as it shall be the duty of the Issuer or the Owner Trustee (in
     its capacity as owner trustee) to prepare, file or deliver pursuant to the
     Issuer Documents. In furtherance of the foregoing, the Administrator shall
     take all appropriate action that is the duty of the Issuer or the Owner
     Trustee (in its capacity as owner trustee) to take pursuant to the Issuer
     Documents, and shall prepare and execute on behalf of the Issuer or the
     Owner Trustee all such documents, reports, filings, instruments,
     certificates and opinions as it shall be the duty of the Issuer or the
     Owner Trustee to prepare, file or deliver pursuant to the Issuer Documents
     or otherwise by law.

          (b) No Action by Administrator. Notwithstanding anything to the
     contrary in the Agreement, the Administrator shall not be obligated to, and
     shall not, take any action that the Issuer directs the Administrator not to
     take nor which would result in a violation or breach of the Issuer's
     covenants, agreements or obligations under any of the Issuer Documents.

          (c) Non-Ministerial Matters; Exceptions to Administrator Duties.

               (i) Notwithstanding anything to the contrary in this Agreement,
          with respect to matters that in the reasonable judgment of the
          Administrator are non-ministerial, the Administrator shall not take
          any action unless, within a reasonable time before the taking of such
          action, the Administrator shall have notified the Issuer of the
          proposed action and the Issuer shall not have withheld consent or
          provided an alternative direction. For the purpose of the preceding
          sentence, "non-ministerial matters" shall include, without limitation:

               (A) the initiation of any claim or lawsuit by the Issuer and the
          compromise of any action, claim or lawsuit brought by or against the
          Issuer;

               (B) the appointment of successor Note Registrars, successor
          Paying Agents, successor Indenture Trustees, successor Administrators
          or successor Servicers, or the consent to the assignment by the Note
          Registrar, the Paying Agent or the Indenture Trustee of its
          obligations under the Indenture; and

               (C) the removal of the Indenture Trustee.

               (ii) Notwithstanding anything to the contrary in this Agreement,
          the Administrator shall not be obligated to, and shall not, (x) make
          any payments to the Noteholders under the Transaction Documents, (y)
          except as provided in the Transaction Documents, sell the Trust Estate
          or (z) take any other action that the Issuer directs the Administrator
          not to take on its behalf.

     2. Records. The Administrator shall maintain appropriate books of account
and records relating to services performed hereunder, which books of account and
records shall be accessible for inspection upon reasonable written request by
the Issuer, the Seller and the Indenture Trustee at any time during normal
business hours.


                                       2

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     3. Compensation; Payment of Fees and Expenses. As compensation for the
performance of the Administrator's obligations under this Agreement and as
reimbursement for its expenses related thereto, the Administrator shall be
entitled to receive $30,000 annually which shall be solely an obligation of the
Servicer. The Administrator shall pay all expenses incurred by it in connection
with its activities hereunder.

     4. Independence of the Administrator. For all purposes of this Agreement,
the Administrator shall be an independent contractor and shall not be subject to
the supervision of the Issuer with respect to the manner in which it
accomplishes the performance of its obligations hereunder. Unless expressly
authorized by the Issuer, the Administrator shall have no authority to act for
or to represent the Issuer in any way (other than as permitted hereunder) and
shall not otherwise be deemed an agent of the Issuer.

     5. No Joint Venture. Nothing contained in this Agreement (i) shall
constitute the Administrator and the Issuer as members of any partnership, joint
venture, association, syndicate, unincorporated business or other separate
entity, (ii) shall be construed to impose any liability as such on any of them
or (iii) shall be deemed to confer on any of them any express, implied or
apparent authority to incur any obligation or liability on behalf of the others.

     6. Other Activities of the Administrator. Nothing herein shall prevent the
Administrator or its Affiliates from engaging in other businesses or, in its
sole discretion, from acting in a similar capacity as an Administrator for any
other Person even though such Person may engage in business activities similar
to those of the Issuer, the Owner Trustee or the Indenture Trustee.

     7. Representations and Warranties of the Administrator. The Administrator
represents and warrants to the Issuer and the Indenture Trustee as follows:

          (a) Existence and Power. The Administrator is a corporation validly
     existing and in good standing under the laws of its state of organization
     and has, in all material respects, all power and authority to carry on its
     business as now conducted. The Administrator has obtained all necessary
     licenses and approvals in each jurisdiction where the failure to do so
     would materially and adversely affect the ability of the Administrator to
     perform its obligations under the Transaction Documents or affect the
     enforceability or collectibility of the Receivables or any other part of
     the Collateral.

          (b) Authorization and No Contravention. The execution, delivery and
     performance by the Administrator of the Transaction Documents to which it
     is a party (i) have been duly authorized by all necessary action on the
     part of the Administrator and (ii) do not contravene or constitute a
     default under (A) any applicable law, rule or regulation, (B) its
     organizational documents or (C) any material agreement, contract, order or
     other instrument to which it is a party or its property is subject (other
     than violations which do not affect the legality, validity or
     enforceability of any of such agreements and which, individually or in the
     aggregate, would not materially and adversely affect the transactions
     contemplated by, or the Administrator's abilit

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