0001193125-09-247761 Sample Contracts

Form of Annual Advisory Fee Termination [KAR Auction Services, Inc. Letterhead]
Financial Advisory Agreement • December 4th, 2009 • KAR Auction Services, Inc. • Retail-auto dealers & gasoline stations
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KAR AUCTION SERVICES, INC. FORM OF RESTRICTED SHARE AGREEMENT
Restricted Share Agreement • December 4th, 2009 • KAR Auction Services, Inc. • Retail-auto dealers & gasoline stations • Delaware

This Agreement (this “Agreement”) is entered into as of , , by and between KAR Auction Services, Inc., a Delaware corporation (the “Company”), and (the “Participant”), pursuant to the KAR Auction Services, Inc. 2009 Omnibus Stock and Incentive Plan, as in effect and as amended from time to time (the “Plan”). Capitalized terms that are not defined herein shall have the meanings given to such terms in the Plan.

Form of Annual Advisory Fee Termination [KAR Auction Services, Inc. Letterhead]
Financial Advisory Agreement • December 4th, 2009 • KAR Auction Services, Inc. • Retail-auto dealers & gasoline stations
Form of Annual Advisory Fee Termination [KAR Auction Services, Inc. Letterhead]
Financial Advisory Agreement • December 4th, 2009 • KAR Auction Services, Inc. • Retail-auto dealers & gasoline stations
KAR AUCTION SERVICES, INC. FORM OF NONQUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • December 4th, 2009 • KAR Auction Services, Inc. • Retail-auto dealers & gasoline stations • Delaware

NON-QUALIFIED STOCK OPTION AGREEMENT, dated as of , between KAR Auction Services, Inc., a Delaware corporation (the “Company”), and (the “Employee”), pursuant to the KAR Auction Services, Inc. 2009 Omnibus Stock and Incentive Plan, as in effect and as amended from time to time (the “Plan”). Capitalized terms that are not defined herein shall have the meanings given to such terms in the Plan.

FIRST AMENDMENT TO THE SECOND AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF KAR Holdings II, LLC
Limited Liability Company Agreement • December 4th, 2009 • KAR Auction Services, Inc. • Retail-auto dealers & gasoline stations

This First Amendment to the Second Amended and Restated Limited Liability Company Agreement of KAR Holdings II, LLC (this “Amendment”), effective as of December [—], 2009, amends the Second Amended and Restated Limited Liability Company Agreement of KAR Holdings II, LLC, dated April 20, 2007 (the “Agreement”). Capitalized terms used but not otherwise defined herein shall have the meanings given such terms in the Agreement.

Form of Annual Advisory Fee Termination [KAR Auction Services, Inc. Letterhead]
Financial Advisory Agreement • December 4th, 2009 • KAR Auction Services, Inc. • Retail-auto dealers & gasoline stations
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