Exhibit 10.2
AMENDMENT NO. 1
LKQ CORPORATION EMPLOYEES’ RETIREMENT
PLAN
The Plan named above gives the Employer the
right to amend it at any time. According to that right, the
Plan is amended effective January 1, 2009, as follows:
By adding the following to the INTRODUCTION
Section as the seventh and eighth paragraphs:
Pick Your Part Auto Wrecking
previously established a retirement savings plan on January 1,
1996.
The Primary Employer is of the
opinion that the Pick Your Part Retirement Savings Plan should be
merged with the LKQ Corporation Employees’ Retirement
Plan. Effective January 1, 2009, the plans are merged and LKQ
Corporation Employees’ Retirement Plan is in lieu of the
prior document for Pick Your Part Auto Wrecking.
By adding the following as the sixth paragraph
of subparagraph (a) in the ACTIVE PARTCIPANT SECTION of Article
II:
Each Employee who was an Active
Participant for specified Contributions under the Pick Your Part
Retirement Savings Plan on December 31, 2008, shall become an
Active Participant for purposes