Effect on Benefit Plans. In the event of any inconsistency between the provisions of this agreement and the provisions of any benefit plan of the Company, the provisions that are more favorable to you shall control. * * * * * By signing below, you acknowledge that this Agreement sets forth our agreement on the subject matter hereof. Kindly sign and return to the Company the enclosed copy of this letter which will then constitute our agreement on this subject. Sincerely, LKQ CORPORATION By: /s/ Xxxxxx X. Xxxxxx Name: Xxxxxx X. Xxxxxx Title: Senior Vice President and General Counsel Agreed to as of this 24th day of July, 2014 /s/ Xxxx X. Xxxxx Xxxx X. Xxxxx Executive Vice President and Chief Financial Officer EXHIBIT A The Agreement, including its Exhibits, constitutes both the official plan document and the required summary plan description under ERISA.
Effect on Benefit Plans. In the event of any inconsistency between the provisions of this agreement and the provisions of any benefit plan of the Company, the provisions that are more favorable to you shall control. * * * * * By signing below, you acknowledge that this Agreement sets forth our agreement on the subject matter hereof. Kindly sign and return to the Company the enclosed copy of this letter which will then constitute our agreement on this subject. Sincerely, LKQ CORPORATION By: /s/ Xxxxxx X. Xxxxxx Name: Xxxxxx X. Xxxxxx Title: Senior Vice President and General Counsel Agreed to as of this 6th day of December, 2010 /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx, Co-Chief Executive Officer EXHIBIT A WAIVER AND GENERAL RELEASE AGREEMENT This Waiver and Release Agreement (this “Release”) is entered into as of the date indicated on the signature page of this Release by and between LKQ Corporation, a Delaware corporation (the “Company”) and (“Employee”). Employee has been employed by the Company, and the parties are entering into this Release because the employment relationship is ending, without fault or wrongdoing on the part of either the Company or Employee, who agree as follows:
Effect on Benefit Plans. The existence of this Agreement shall not prohibit or restrict Executive's entitlement to participate in the executive compensation, employee benefit and other plans or programs in which executives of the Company or the Operating Company are eligible to participate. Nothing herein shall restrict the Company's or the Operating Company's right to amend any plan, practice, policy or program in a manner generally applicable to similarly situated active executives, in which event Executive shall be entitled to participate on the same basis (including payment of applicable contributions) as similarly situated active executives of the Company.
Effect on Benefit Plans. In the event of any inconsistency between the provisions of this agreement and the provisions of any benefit plan of the Company, the provisions that are more favorable to you shall control. * * * * * By signing below, you acknowledge that this Agreement sets forth our agreement on the subject matter hereof. Kindly sign and return to the Company the enclosed copy of this letter which will then constitute our agreement on this subject. Sincerely, LKQ CORPORATION By: /s/ Xxxxxxx X. XxXxx Name: Xxxxxxx X. XxXxx Title: Senior Vice President and General Counsel Agreed to as of this May 1, 2024 /s/ Xxxx X. Xxxxxxxxxx Xxxx X. XxxxxxxxxxXxxx President - Finance and Controller EXHIBIT A The Agreement, including its Exhibits, constitutes both the official plan document and the required summary plan description under ERISA.
Effect on Benefit Plans. Neither the value of the Restricted Stock Units, nor any Shares or other payments received by the Participants in settlement of the Restricted Stock Units, shall be considered qualifying compensation or earnings for purposes of any employee benefit plan in which the Participant participates, unless otherwise explicitly provided by such plan.
Effect on Benefit Plans. Neither the value of the Performance Share Units, nor any Shares or other payments received by the Participants in settlement of the Performance Share Units, shall be considered qualifying compensation or earnings for purposes of any employee benefit plan in which the Participant participates, unless otherwise explicitly provided by such plan.
Effect on Benefit Plans. At all times during the term of this Agreement, the Employee shall be eligible to participate in all executive compensation and employee benefit and welfare plans or programs generally applicable to senior executives of the LLC.
Effect on Benefit Plans. Neither the value of the Option, nor any Shares or other payments received by the Participants in settlement of the Option, shall be considered qualifying compensation or earnings for purposes of any employee benefit plan in which the Participant participates, unless otherwise explicitly provided by such plan.
Effect on Benefit Plans. The foregoing payments and benefits shall be in addition to and not in lieu of any payments or benefits to which Executive and his dependents may otherwise be entitled to under the Company's compensation and employee benefit plans, programs, policies or practices. Nothing herein shall restrict the Company's right to amend any plan, practice, policy or program in a manner generally applicable to similarly situated active executives, in which event Executive shall be entitled to participate on the same basis (including payment of applicable contributions) as similarly situated active executives of the Company.
Effect on Benefit Plans. In the event of any inconsistency between the provisions of this agreement and the provisions of any benefit plan of the Company, the provisions that are more favorable to you shall control. * * * * * By signing below, you acknowledge that this Agreement sets forth our agreement on the subject matter hereof. Kindly sign and return to the Company the enclosed copy of this letter which will then constitute our agreement on this subject. Sincerely, LKQ CORPORATION By: /s/ Xxxxxx X. Xxxxxx Name: Xxxxxx X. Xxxxxx Title: Senior Vice President and General Counsel Agreed to as of this October 1, 2019 /s/ Xxxx Xxxxx Arnd FranzSenior Vice President of LKQ Corporation and Chief Executive Officer and Managing Director of LKQ Europe EXHIBIT A The Agreement, including its Exhibits, constitutes both the official plan document and the required summary plan description under ERISA.