0001193125-10-258184 Sample Contracts

CARMAX AUTO FUNDING LLC, as Depositor, BNY MELLON TRUST OF DELAWARE, as Delaware Trustee and THE BANK OF NEW YORK MELLON, as Owner Trustee AMENDED AND RESTATED TRUST AGREEMENT Dated as of November 1, 2010
Trust Agreement • November 12th, 2010 • CarMax Auto Owner Trust 2010-3 • Asset-backed securities • Delaware

AMENDED AND RESTATED TRUST AGREEMENT, dated as of November 1, 2010 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), among CARMAX AUTO FUNDING LLC, a Delaware limited liability company, as depositor (the “Depositor”), BNY MELLON TRUST OF DELAWARE, a Delaware banking corporation, as Delaware trustee and not in its individual capacity (in such capacity, the “Delaware Trustee”), and THE BANK OF NEW YORK MELLON, a New York banking corporation, as owner trustee and not in its individual capacity (in such capacity, the “Owner Trustee”).

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CARMAX AUTO OWNER TRUST 2010-3, as Issuer, CARMAX BUSINESS SERVICES, LLC, as Administrator, and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Indenture Trustee ADMINISTRATION AGREEMENT Dated as of November 1, 2010
Administration Agreement • November 12th, 2010 • CarMax Auto Owner Trust 2010-3 • Asset-backed securities • New York

ADMINISTRATION AGREEMENT, dated as of November 1, 2010 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), by and among CARMAX AUTO OWNER TRUST 2010-3, a Delaware statutory trust (the “Issuer”), CARMAX BUSINESS SERVICES, LLC, a Delaware limited liability company, as administrator (in such capacity, the “Administrator”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”).

CARMAX BUSINESS SERVICES, LLC, as Seller, and CARMAX AUTO FUNDING LLC, as Purchaser RECEIVABLES PURCHASE AGREEMENT Dated as of November 1, 2010
Receivables Purchase Agreement • November 12th, 2010 • CarMax Auto Owner Trust 2010-3 • Asset-backed securities • New York

This Receivables Purchase Agreement, dated as of November 1, 2010, is between CarMax Business Services, LLC, a Delaware limited liability company (“CarMax”), as seller (the “Seller”), and CarMax Auto Funding LLC, a Delaware limited liability company (“CarMax Funding”), as purchaser (the “Purchaser”).

CARMAX AUTO OWNER TRUST 2010-3, as Issuer, CARMAX AUTO FUNDING LLC, as Depositor, CARMAX BUSINESS SERVICES, LLC, as Servicer and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Backup Servicer SALE AND SERVICING AGREEMENT Dated as of November 1, 2010
Sale and Servicing Agreement • November 12th, 2010 • CarMax Auto Owner Trust 2010-3 • Asset-backed securities • New York

SALE AND SERVICING AGREEMENT, dated as of November 1, 2010 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), among CARMAX AUTO OWNER TRUST 2010-3, a Delaware statutory trust (the “Trust”), CARMAX AUTO FUNDING LLC, a Delaware limited liability company (the “Depositor”), CARMAX BUSINESS SERVICES, LLC, a Delaware limited liability company (“CarMax”), as servicer (in such capacity, the “Servicer”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as backup servicer (in such capacity, the “Backup Servicer”).

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