Copart Inc Sample Contracts

dated as of February 23, 2001 among COPART, INC., as Borrower,
Credit Agreement • March 16th, 2001 • Copart Inc • Retail-auto dealers & gasoline stations • California
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THE STROH COMPANIES, INC., as Seller and COPART, INC., as Purchaser
Contract of Sale • October 28th, 1996 • Copart Inc • Retail-auto dealers & gasoline stations • California
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COPART, INC. INDEMNIFICATION AGREEMENT
Indemnification Agreement • May 26th, 2023 • Copart Inc • Retail-auto dealers & gasoline stations • Delaware

This Indemnification Agreement (this “Agreement”) is dated as of [insert date], and is between Copart, Inc., a Delaware corporation (the “Company”), and [insert name of indemnitee] (“Indemnitee”).

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SECOND AMENDMENT TO CREDIT AGREEMENT
Credit Agreement • July 27th, 2016 • Copart Inc • Retail-auto dealers & gasoline stations • New York

THIS SECOND AMENDMENT TO CREDIT AGREEMENT (this “Amendment”), dated as of July 21, 2016, is by and among COPART, INC., a Delaware corporation (the “Borrower”), the Subsidiaries of the Borrower party hereto (collectively, the “Guarantors”), the Lenders party hereto and BANK OF AMERICA, N.A., as administrative agent (in such capacity, the “Administrative Agent”). Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed thereto in the Credit Agreement (as hereinafter defined).

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COPART, INC. and EQUISERVE TRUST COMPANY, N.A. PREFERRED STOCK RIGHTS AGREEMENT Dated as of March 6, 2003
Preferred Stock Rights Agreement • March 11th, 2003 • Copart Inc • Retail-auto dealers & gasoline stations • California

This Preferred Stock Rights Agreement is dated as of March 6, 2003, between Copart, Inc., a California corporation, (the “Company”), and EquiServe Trust Company, N.A. (the “Rights Agent”).

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CREDIT AGREEMENT AMONG COPART, INC. AND
Credit Agreement • October 28th, 1997 • Copart Inc • Retail-auto dealers & gasoline stations • California
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Copart, Inc. 4,000,000 Shares plus an option to purchase from Copart, Inc., up to 600,000 additional shares to cover over-allotments. Common Stock, no par value Underwriting Agreement
Underwriting Agreement • November 20th, 2001 • Copart Inc • Retail-auto dealers & gasoline stations • New York

Salomon Smith Barney Inc. Credit Suisse First Boston Corporation AG Edwards & Sons, Inc. As Representatives of the several Underwriters, c/o Salomon Smith Barney Inc. 388 Greenwich Street New York, New York 10013

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COPART, INC.
Restricted Stock Unit Award Agreement • December 12th, 2007 • Copart Inc • Retail-auto dealers & gasoline stations • California

Unless otherwise defined herein, the terms defined in the Copart, Inc. 2007 Equity Incentive Plan (the “Plan”) will have the same defined meanings in this Restricted Stock Unit Award Agreement (the “Award Agreement”).

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FIRST AMENDMENT TO CREDIT AGREEMENT
Credit Agreement • March 17th, 2016 • Copart Inc • Retail-auto dealers & gasoline stations • New York

CREDIT AGREEMENT, dated as of December 3, 2014, by and among COPART, INC., a Delaware corporation, as Borrower, the lenders who are party to this Agreement and the lenders who may become a party to this Agreement pursuant to the terms hereof, as Lenders, and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as Administrative Agent for the Lenders.

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COPART, INC.
Restricted Stock Award Agreement • December 12th, 2007 • Copart Inc • Retail-auto dealers & gasoline stations • California

Unless otherwise defined herein, the terms defined in the Copart, Inc. 2007 Equity Incentive Plan (the “Plan”) will have the same defined meanings in this Restricted Stock Award Agreement (the “Award Agreement”).

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COPART, INC.
Stock Option Award Agreement • December 12th, 2007 • Copart Inc • Retail-auto dealers & gasoline stations • California

Unless otherwise defined herein, the terms defined in the Copart, Inc. 2007 Equity Incentive Plan (the “Plan”) will have the same defined meanings in this Stock Option Award Agreement (the “Award Agreement”).

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1,050,000,000 FIRST AMENDED AND RESTATED CREDIT AGREEMENT dated as of July 21, 2020, by and among COPART, INC., as Borrower, the Lenders referred to herein, as Lenders, BANK OF AMERICA, N.A., as Administrative Agent, Swingline Lender and an Issuing...
Credit Agreement • July 27th, 2020 • Copart Inc • Retail-auto dealers & gasoline stations • New York

FIRST AMENDED AND RESTATED CREDIT AGREEMENT, dated as of July 21, 2020, by and among COPART, INC., a Delaware corporation, as Borrower, the lenders who are party to this Agreement and the lenders who may become a party to this Agreement pursuant to the terms hereof, as Lenders, and BANK OF AMERICA, N.A., a national banking association, as Administrative Agent for the Lenders.

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SECOND AMENDED AND RESTATED CREDIT AGREEMENT Dated as of December 21, 2021 among COPART, INC., as the Company, CERTAIN SUBSIDIARIES OF THE COMPANY, as Designated Borrowers, CERTAIN SUBSIDIARIES OF THE COMPANY PARTY HERETO, as the Guarantors, BANK OF...
Credit Agreement • December 27th, 2021 • Copart Inc • Retail-auto dealers & gasoline stations • New York

This SECOND AMENDED AND RESTATED CREDIT AGREEMENT is entered into as of December 21, 2021, among COPART, INC., a Delaware corporation (the “Company”), the Guarantors (defined herein), certain Subsidiaries of the Company party hereto pursuant to Section 2.16 (each, a “Designated Borrower” and, together with the Company, the “Borrowers” and each a “Borrower”), the Lenders (defined herein), BANK OF AMERICA, N.A., as Administrative Agent, Swingline Lender and an Issuing Lender, and the Issuing Lenders from time to time party hereto.

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COPART, INC. EXECUTIVE OFFICER EMPLOYMENT AGREEMENT
Executive Officer Employment Agreement • December 15th, 2010 • Copart Inc • Retail-auto dealers & gasoline stations • California

This Executive Officer Employment Agreement is entered into as of October 29, 2008 (the “Effective Date”) by and between Copart, Inc., a California corporation (the “Company”), and Greg A. Tucker (the “Executive”).

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EXHIBIT A-3 -----------
Joint Escrow Instructions • October 19th, 2001 • Copart Inc • Retail-auto dealers & gasoline stations
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EXECUTIVE OFFICER EMPLOYMENT AGREEMENT
Executive Officer Employment Agreement • November 30th, 2016 • Copart Inc • Retail-auto dealers & gasoline stations • Texas

This Amended and Restated Executive Officer Employment Agreement is entered into with an effective date of November 28, 2016 (the “Effective Date”) by and between Copart, Inc., headquartered in Texas (the “Company”), and Vikrant Bhatia (the “Executive”), and amends and restates in its entirety that certain Executive Officer Employment Agreement, dated effective as of December 15, 2014, by and between the Company and the Executive.

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COPART, INC.
Performance Share Award Agreement • December 12th, 2007 • Copart Inc • Retail-auto dealers & gasoline stations • California

Unless otherwise defined herein, the terms defined in the 2007 Equity Incentive Plan (the “Plan”) will have the same defined meanings in this Performance Share Award Agreement (the “Award Agreement”).

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COPART, INC. EXECUTIVE OFFICER EMPLOYMENT AGREEMENT
Executive Officer Employment Agreement • November 24th, 2015 • Copart Inc • Retail-auto dealers & gasoline stations • Texas

This Executive Officer Employment Agreement is entered into with an effective date of August 1, 2014 (the “Effective Date”) by and between Copart, Inc., headquartered in Texas (the “Company”), and Rama Prasad (the “Executive”).

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COPART, INC. AMENDED AND RESTATED STAND-ALONE STOCK OPTION AWARD AGREEMENT
Stock Option Award Agreement • June 4th, 2015 • Copart Inc • Retail-auto dealers & gasoline stations • Delaware

This Amended and Restated Stand-Alone Stock Option Award Agreement, dated June 2, 2015, amends and restates, and supersedes in its entirety, the Stand-Alone Stock Option Award Agreement, dated December 16, 2013, by and between Copart, Inc. and A. Jayson Adair.

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CREDIT AGREEMENT dated as of December 3, 2014, by and among COPART, INC., as Borrower, the Lenders referred to herein, as Lenders, WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent, Swingline Lender and Issuing Lender, and BANK OF...
Credit Agreement • December 4th, 2014 • Copart Inc • Retail-auto dealers & gasoline stations • New York

CREDIT AGREEMENT, dated as of December 3, 2014, by and among COPART, INC., a Delaware corporation, as Borrower, the lenders who are party to this Agreement and the lenders who may become a party to this Agreement pursuant to the terms hereof, as Lenders, and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as Administrative Agent for the Lenders.

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EMPLOYMENT AGREEMENT
Executive Officer Employment Agreement • November 20th, 2020 • Copart Inc • Retail-auto dealers & gasoline stations • Texas

This Executive Officer Employment Agreement is entered into with an effective date of October 5, 2020 (the "Effective Date") by and between Copart, Inc., headquartered in Texas (the "Company"), and John North (the "Executive").

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AMENDMENT TO PREFERRED STOCK RIGHTS AGREEMENT
Preferred Stock Rights Agreement • March 15th, 2006 • Copart Inc • Retail-auto dealers & gasoline stations

This Amendment to Preferred Stock Rights Agreement (this “Amendment”) is entered into as of this 14th day of March, 2006 by and between Copart, Inc., a California corporation (the “Company”), and Computershare Trust Company, N.A. (formerly Equiserve Trust Company, N.A.) (the “Rights Agent”).

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SEVERANCE AGREEMENT AND RELEASE OF ALL CLAIMS
Severance Agreement • June 9th, 2011 • Copart Inc • Retail-auto dealers & gasoline stations

This Severance Agreement and Release of All Claims is entered into between Copart, Inc., including its officers, directors, employees, managers, agents, and representatives, and subsidiaries ("the Company") and David Bauer ("Employee"). The purpose of this Agreement is to arrange a severance of Employee's employment with the Company on a basis that is satisfactory both to the Company and to the Employee.

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AGREEMENT AND PLAN OF MERGER OF COPART, INC., A DELAWARE CORPORATION, AND COPART, INC., A CALIFORNIA CORPORATION
Merger Agreement • January 10th, 2012 • Copart Inc • Retail-auto dealers & gasoline stations

This AGREEMENT AND PLAN OF MERGER, dated as of January 10, 2012 (the “Merger Agreement”), is made by and between Copart, Inc., a Delaware corporation (“CPRT Delaware”), and Copart, Inc., a California corporation (“CPRT California”). CPRT Delaware and CPRT California are sometimes referred to herein as the “Constituent Corporations.” CPRT Delaware is a wholly-owned subsidiary of CPRT California.

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EMPLOYMENT AGREEMENT
Employment Agreement • September 30th, 2013 • Copart Inc • Retail-auto dealers & gasoline stations • Texas

This EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of June 1, 2013 (the “Effective Date”), by and between Copart, Inc., a Delaware corporation (the “Company”), as employer, and John Lindle (“Employee”), as employee, for the benefit of the Company and its parent, subsidiaries, and affiliates. The Company and Employee are sometimes also referred to herein individually as a “Party” and together as the “Parties.”

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Re: Amendment No. 1 to Note Purchase Agreement
Note Purchase Agreement • July 27th, 2016 • Copart Inc • Retail-auto dealers & gasoline stations • New York

Reference is made to that certain Note Purchase Agreement, dated as of December 3, 2014 (the “Note Agreement”), among Copart, Inc., a Delaware corporation (the “Company”), on the one hand, and the Purchasers named on Schedule B attached thereto, on the other hand. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Note Agreement.

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COPART, INC. STAND-ALONE STOCK OPTION AWARD AGREEMENT
Stand-Alone Stock Option Award Agreement • January 9th, 2014 • Copart Inc • Retail-auto dealers & gasoline stations • Delaware

You have been granted a Nonstatutory Stock Option to purchase Common Stock of Copart, Inc. (the “Company”), subject to the terms and conditions of this Stand-Alone Stock Option Agreement (the “Option Agreement”), as follows:

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COPART, INC. $100,000,000 4.07% Senior Notes, Series A, due December 3, 2024 $100,000,000 4.19% Senior Notes, Series B, due December 3, 2026 $100,000,000 4.25% Senior Notes, Series C, due December 3, 2027 $100,000,000 4.35% Senior Notes, Series D, due...
Note Purchase Agreement • December 4th, 2014 • Copart Inc • Retail-auto dealers & gasoline stations • New York

FOR VALUE RECEIVED, the undersigned, Copart, Inc. (herein called the “Company”), a corporation organized and existing under the laws of the State of Delaware, hereby promises to pay to [____________], or registered assigns, the principal sum of [_____________________] DOLLARS (or so much thereof as shall not have been prepaid) on December 3, 2029 (the “Maturity Date”), with interest (computed on the basis of a 360-day year of twelve 30-day months) (a) on the unpaid balance hereof at the rate of 4.35% per annum from the date hereof, payable quarterly, on the third day of March, June, September and December in each year, commencing with the March, June, September or December next succeeding the date hereof, and on the Maturity Date, until the principal hereof shall have become due and payable, and (b) to the extent permitted by law, (x) on any overdue payment of interest and (y) during the continuance of an Event of Default, on such unpaid balance and on any overdue payment of any Make-W

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SECURITY AGREEMENT
Security Agreement • December 4th, 2014 • Copart Inc • Retail-auto dealers & gasoline stations • New York

This SECURITY AGREEMENT (as amended, restated, modified or otherwise supplemented from time to time, this “Agreement”), dated as of December 3, 2014, among the Persons listed on the signature pages hereof as “Grantors” and those additional entities that hereafter become parties hereto by executing the form of Joinder attached hereto as Annex 1 (each, a “Grantor” and collectively, the “Grantors”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, in its capacity as collateral agent pursuant to the Intercreditor Agreement (as defined below) for the Lenders, the Hedge Banks (as defined below), the Cash Management Banks (as defined below), the Noteholders (as defined below) and the Additional Pari Passu Lenders (in such capacity, “Collateral Agent”).

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CREDIT AGREEMENT Dated as of March 6, 2008 between COPART, INC. and BANK OF AMERICA, N.A.
Credit Agreement • March 7th, 2008 • Copart Inc • Retail-auto dealers & gasoline stations • California

This CREDIT AGREEMENT (“Agreement”) is entered into as of March 6, 2008 by and between COPART, INC., a California corporation (the “Borrower”), and BANK OF AMERICA, N.A. (the “Lender”).

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INDEMNIFICATION AGREEMENT
Indemnification Agreement • October 29th, 2002 • Copart Inc • Retail-auto dealers & gasoline stations • California

This Indemnification Agreement (“Agreement”) is made effective as of _________________ ____, ______ by and between ______________________, a California corporation (the “Company”), and _________________________ (“Indemnitee”).

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AMENDMENT NO. 2 TO PREFERRED STOCK RIGHTS AGREEMENT
Preferred Stock Rights Agreement • January 10th, 2012 • Copart Inc • Retail-auto dealers & gasoline stations

This Amendment to Preferred Stock Rights Agreement (this “Amendment No. 2”) is entered into as of this 10th day of January, 2012 by and between Copart, Inc., a California corporation (“CPRT California”), and Computershare Trust Company, N.A. (formerly Equiserve Trust Company, N.A.) (the “Rights Agent”).

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EXHIBIT A-1 ----------- COPART, INC.
Restricted Stock Purchase Agreement • October 19th, 2001 • Copart Inc • Retail-auto dealers & gasoline stations • California
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OFFICE LEASE BUILDING: CENTURA TOWER I LANDLORD: GARDEN CENTURA, L.P. TENANT: DALLAS COPART SALVAGE AUTO AUCTIONS LIMITED PARTNERSHIP
Office Lease • October 1st, 2012 • Copart Inc • Retail-auto dealers & gasoline stations • Texas

THIS OFFICE LEASE (this "Lease"), dated for reference purposes only as of February 3, 2012, is executed by and between GARDEN CENTURA, L.P., a Texas limited partnership ("Landlord"), and DALLAS COPART SALVAGE AUTO AUCTIONS LIMITED PARTNERSHIP, a Texas limited liability company ("Tenant").

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AMENDMENT TO CREDIT AGREEMENT
Credit Agreement • October 4th, 2011 • Copart Inc • Retail-auto dealers & gasoline stations • California
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