0001170010-13-000010 Sample Contracts

Amended and Restated
Severance Agreement • April 26th, 2013 • Carmax Inc • Retail-auto dealers & gasoline stations • Virginia

THIS SEVERANCE AGREEMENT (“Agreement”) entered into as of November 26, 2007 (“Effective Date”) between CarMax, Inc., a Virginia corporation, and its affiliated companies (collectively, the “Company”), and Eric M. Margolin (the “Executive”), is amended and restated as of December 1, 2011.

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SEVERANCE AGREEMENT FOR EXECUTIVE OFFICER Amended and Restated
Severance Agreement • April 26th, 2013 • Carmax Inc • Retail-auto dealers & gasoline stations • Virginia

THIS SEVERANCE AGREEMENT (“Agreement”) entered into as of August 27, 2007 (“Effective Date”) between CarMax, Inc., a Virginia corporation, and its affiliated companies (collectively, the “Company”), and William D. Nash (the “Senior Vice President”), is amended and restated as of December 1, 2011.

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