(d) As part of their director compensation, members of the Board of Directors of LKQ Corporation (the "Company") currently receive an annual grant of Restricted Stock Units ("RSUs") with a value equal to $100,000 under the Company's 1998 Equity Incentive Plan (the "Equity Incentive Plan"). Such RSUs vest one year after the grant date. In order to provide Guhan Subramanian pro rata compensation for his service on the Board of Directors between the date of his election on January 2, 2013 and the next scheduled RSU grant date, the Board of Directors of the Company approved a grant to Mr. Subramanian of 1,604 RSUs on January 15, 2013. The RSUs granted were equal to $100,000 in value based on the Company's average stock price on the grant date, adjusted to reflect the number of days of his service on the board until the next scheduled RSU grant date. The RSUs granted to Mr. Subramanian will fully vest one year after the grant date.

(e) On January 15, 2013, the Board of Directors approved a grant of 6,756 RSUs under the Company's Equity Incentive Plan to Joseph M. Holsten as compensation for his service as Chairman of the Board of Directors. The RSUs granted were equal to $150,000 in value based on the Company's average stock price on the grant date. The RSUs granted to Mr. Holsten fully vested on the grant date. On January 13, 2013, the Compensation Committee of the Board of Directors modified or approved the following compensation plans, arrangements and awards for the named executive officers of the Company, effective as of January 1, 2013 (unless otherwise specified):

1. Base salaries for 2013 were approved as set forth below.

                                                   Current      2013
Robert L. Wagman, President and Chief Executive
Officer                                            $650,000   $650,000
John S. Quinn, Executive Vice President and Chief
Financial Officer                                  450,000    500,000
Victor M. Casini, Senior Vice President and
General Counsel                                    400,000    400,000
Walter P. Hanley, Senior Vice President of
Development                                        400,000    400,000
Michael S. Clark, Vice President - Finance and
Controller                                         210,000    225,000

2. Minimum, target and maximum potential bonus percentages for the 2013 calendar year were approved as set forth below. The Compensation Committee will establish 2013 performance goals for the Company later in the first quarter of 2013. The bonus award (if any) will be determined by multiplying the officer's base salary by the bonus percentage that corresponds to performance goals achieved by the Company.

Current 2013
Robert L. Wagman 50/75/150 50/100/150
John S. Quinn 35/50/110 35/50/110
Victor M. Casini 35/50/110 35/50/110
Walter P. Hanley 35/50/110 35/50/110
Michael S. Clark 20/30/60 20/30/60