Change of Control Agreement March 14, 2011Waiver and General Release Agreement • March 15th, 2011 • LKQ Corp • Wholesale-motor vehicles & motor vehicle parts & supplies • Delaware
LKQ Corporation, a Delaware corporation (the “Company”), considers it essential to the best interests of its stockholders to take reasonable steps to retain key management personnel. Further, the Board of Directors of the Company (the “Board”) recognizes that the uncertainty and questions that might arise among management in the context of any possible Change of Control (as defined below) of the Company could result in the departure or distraction of management personnel to the detriment of the Company and its stockholders.
