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AMENDMENT NO. 1 LKQ CORPORATION EMPLOYEES? RETIREMENT PLAN

Employee Benefits Plan Agreement

AMENDMENT NO. 1

 

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This Employee Benefits Plan Agreement involves

LKQ Corporation

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Title: AMENDMENT NO. 1 LKQ CORPORATION EMPLOYEES? RETIREMENT PLAN
Date: 11/7/2008
Industry: Auto and Truck Parts     Sector: Consumer Cyclical

AMENDMENT NO. 1

 

LKQ CORPORATION EMPLOYEES? RETIREMENT PLAN, Parties: lkq corporation
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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


 
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