Exhibit 10.2

INDEMNIFICATION AGREEMENT

This Indemnification Agreement (this “Agreement”) is made and entered into this
14th day of August, 2013 between O'Reilly Automotive, Inc., a Missouri
corporation (the “Company”), and [INSERT OFFICER NAME] (“Indemnitee”), the
[INSERT OFFICER TITLE] of the Company.

WHEREAS, Indemnitee serves or has been nominated to serve as an officer of the
Company and agrees, on the condition that Indemnitee be so indemnified, to
continue to serve or to serve as an officer of the Company and in such capacity
will render services to the Company;

WHEREAS, the Company is aware that because of the increased exposure to
litigation subjecting officers to expensive litigation risks, talented and
experienced persons are increasingly reluctant to serve or continue to serve as
directors and officers of corporations unless they are appropriately
indemnified;

WHEREAS, the Company is also aware that statutes and judicial decisions
regarding the duties of directors and officers are often difficult to apply,
ambiguous or conflicting and therefore fail to provide directors with adequate
guidance regarding the proper course of action;

WHEREAS, the Company desires to attract and retain the services of highly
experienced and capable individuals, such as Indemnitee, to serve as officers of
the Company and to indemnify certain of its officers so as to provide them with
the maximum protection permitted by law;

WHEREAS, the Company believes that it is reasonable, prudent, fair, proper and
necessary to protect certain of the Company’s officers from the risk of
judgments, fines, settlements and other expenses that may occur as a result of
their service to the Company;

WHEREAS, in recognition of Indemnitee’s reliance on the provisions of the
Amended and Restated Bylaws of the Company (the "Bylaws") that require
indemnification of Indemnitee to the fullest extent permitted by law, and in
part to provide Indemnitee with specific contractual assurance that the
protection promised by such Bylaws will be available to Indemnitee (regardless
of, among other things, any amendment to or revocation of such Bylaws or any
change in the composition of the Company’s board of directors (the “Board”) or
acquisition transaction relating to the Company), the Company wishes to provide
in this Agreement for the indemnification of, and the advancement of expenses
to, Indemnitee to the fullest extent, whether partial or complete, permitted by
law and as set forth in this Agreement. 

NOW, THEREFORE, in consideration of the premises and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
Company and Indemnitee, intending to be legally bound, hereby agree as follows:

SECTION 1.

Definitions.  For purposes of this Agreement, the following terms shall have the
meanings set forth below:

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(a)

“Change of Control” shall be deemed to have occurred in any one of the following
circumstances occurring after the date hereof:  (i) there shall have occurred an
event required to be reported with respect to the Company in response to Item
6(e) of Schedule 14A of Regulation 14A (or in response to any similar item or
any similar schedule or form) under the Securities Exchange Act of 1934, as
amended (the “Exchange Act”), regardless of whether the Company is then subject
to such reporting requirement, (ii) any “person” (as such term is used in
Sections 13(d) and 14(d) of the Exchange Act) shall have become the “beneficial
owner” (as defined in Rule 13d-3 under the Exchange Act), directly or
indirectly, of securities of the Company representing 30% or more of the
combined voting power of the Company’s then outstanding voting securities, (iii)
the Company is a party to a merger, consolidation, sale of assets or other
reorganization, or a proxy contest, as a consequence of which members of the
Board in office immediately prior to such transaction or event constitute less
than a majority of the Board thereafter or (iv) all or substantially all the
assets of the Company are sold or disposed of in a transaction or series of
related transactions.

(b)

“Enterprise” means any Person of which Indemnitee is or was a Fiduciary.

(c)

“Expenses” means all direct and indirect costs (including, without limitation,
attorneys’ fees, retainers, court costs, transcripts, fees of experts, witness
fees, travel expenses, appeal bonds, duplicating costs, printing and binding
costs, telephone charges, postage, delivery service fees, and all other
disbursements or out-of-pocket expenses) actually and reasonably incurred in
connection with (i) any Proceeding or (ii) establishing or enforcing any right
to indemnification or advancement of expenses under this Agreement, applicable
law, any other agreement, or any provision of the Company’s Amended and Restated
Articles of Incorporation (the "Articles of Incorporation") or Bylaws now or
hereafter in effect or otherwise; provided, however, that “Expenses” shall not
include any Liabilities.

(d)

“Fiduciary” means an individual serving as a director, officer, trustee, general
partner, managing member, fiduciary, board of directors’ committee member,
employee or agent of (i) the Company, (ii) any resulting corporation in
connection with a consolidation or merger to which the Company is a party or
(iii) any other Person (including an employee benefit plan) at the request of
the Company, including any service with respect to an employee benefit plan, its
participants or its beneficiaries.

(e)

“Independent Counsel” means a law firm, or a member of a law firm, that is
experienced in matters of corporate law and neither currently is, nor in the
five years previous to its selection or appointment has been, retained to
represent (i) the Company or Indemnitee in any matter material to either such
party  (other than as Independent Counsel with respect to matters concerning the
rights of Indemnitee under this Agreement or of other indemnities under similar
indemnification agreements) or (ii) any other party to the Proceeding giving
rise to a claim for indemnification hereunder.  For the avoidance of doubt, any
law firm or member of a law firm that shall have advised either party with
respect to the review and preparation of this Agreement shall not be Independent
Counsel for the purposes of this Agreement.

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(f)

“Liabilities” means liabilities of any type whatsoever incurred by reason of (i)
the fact that Indemnitee is or was a Fiduciary or (ii) any action taken (or
failure to act) by him or her or on his or her behalf in the capacity of
Fiduciary, including, but not limited to, any judgments, fines (including any
excise taxes assessed on Indemnitee with respect to an employee benefit plan),
ERISA excise taxes and penalties, and penalties and amounts paid in settlement
of any Proceeding (including all interest, assessments and other charges paid or
payable in connection with or in respect of such judgments, fines, penalties or
amounts paid in settlement).

(g)

“Person” means any individual, corporation, partnership, joint venture, firm,
association, limited liability company, trust, estate, governmental unit or
other enterprise or entity.

(h)

“Proceeding” means any threatened, pending or completed investigation, civil or
criminal action, third-party action, derivative action, claim, suit,
arbitration, counterclaim, cross claim, alternative dispute resolution
mechanism, inquiry, administrative hearing or any other proceeding whether
civil, criminal, administrative, legislative or investigative, including any
appeal therefrom in which Indemnitee was involved, or threatened to be involved,
as a party, witness or otherwise by reason of (i) the fact that Indemnitee is or
was a Fiduciary or (ii) any action taken (or failure to act) by him or her or on
his or her behalf in the capacity of Fiduciary.

(i)

“Subsidiary” means any Person of which a majority of the outstanding voting
securities or other voting equity interests are owned, directly or indirectly by
the Company.

(j)

Services by Indemnitee.  Indemnitee agrees to continue to serve, or to serve, as
an officer of the Company at the will of the Company for so long as Indemnitee
is duly elected and qualified, appointed or until such time as Indemnitee
tenders a resignation in writing or is removed as an officer in accordance with
the Missouri General and Business Corporation Law (the “MGBCL”), or the Bylaws
as amended from time to time; provided, however, Indemnitee may at any time and
for any reason resign from such position.

(k)

Indemnification.

(l)

Indemnification.  Subject to the further provisions of this Agreement, the
Company hereby agrees to and shall indemnify Indemnitee and hold him or her
harmless from and against any and all Expenses and Liabilities incurred by
Indemnitee or on Indemnitee’s behalf, to the fullest extent permitted by
applicable law in effect on the date hereof, and to such greater extent as
applicable law may thereafter permit or authorize.

(m)

Presumptions.

(i)

Upon making any request for indemnification under this Agreement, Indemnitee
shall be presumed to be entitled to such indemnification and, in connection with
any determination with respect to entitlement to indemnification under Section
4(c) hereof, the Company shall have the burdens of coming forward with clear and
convincing evidence and of persuasion to

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overcome that presumption in connection with the making by any Person of any
determination contrary to that presumption.  Neither the failure of any Person
to have made such determination prior to the commencement of any action pursuant
to this Agreement that indemnification is proper in the circumstances because
Indemnitee has met the applicable standard of conduct, nor an actual
determination by any Person that Indemnitee has not met any applicable standard
of conduct, shall be a defense to any such action by Indemnitee or create a
presumption that Indemnitee has not met the applicable standard of conduct.

(ii)

For purposes of any determination of good faith, Indemnitee shall be deemed to
have acted in good faith if Indemnitee’s action is based on the records or books
of account of any Enterprise, including financial statements, or on information
supplied to Indemnitee by the officers of such Enterprise in the course of their
duties, or on the advice of legal counsel for such Enterprise or on information
or records given or reports made to such Enterprise by an independent certified
public accountant or by an appraiser or other expert selected by such
Enterprise.  The provisions of this Section 3(b) shall not be deemed to be
exclusive or to limit in any way the other circumstances in which Indemnitee may
be deemed or found to have met the applicable standard of conduct set forth in
this Agreement.

(iii)

If the Person empowered or selected under Section 4(c) hereof to determine
whether Indemnitee is entitled to indemnification shall not have made a
determination within ninety (90) calendar days after the final determination in
the Proceeding, the requisite determination of entitlement to indemnification
shall be deemed to have been made and Indemnitee shall be entitled to such
indemnification, absent (A) a misstatement by Indemnitee of a material fact, or
an omission of a material fact necessary to make Indemnitee’s statement not
materially misleading, in connection with the request for indemnification or (B)
a prohibition of such indemnification under applicable law.

(iv)

The knowledge and/or actions, or failure to act, of any other Fiduciary shall
not be imputed to Indemnitee for purposes of determining any right to
indemnification under this Agreement.

(n)

Effect of Certain Proceedings.  The termination of any Proceeding by judgment,
order, settlement, conviction or upon a plea of nolo contendere or its
equivalent, shall not, of itself, create a presumption that Indemnitee did not
act in good faith and in a manner reasonably believed to be in or not opposed to
the best interests of the Company, and with respect to any criminal Proceeding,
that Indemnitee had reason to believe his or her conduct was unlawful.

(o)

Advance of Expenses; Indemnification Procedure.

(p)

Notice by Indemnitee and Claim for Indemnification.  Indemnitee shall, as
promptly as reasonably practicable under the circumstances, notify the Company
in writing upon being served with any summons, citation, subpoena, complaint,
indictment,

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information or other document relating to any Proceeding or any other matter
which may be subject to indemnification of Liabilities or advancement of
Expenses covered by this Agreement; provided however, that any delay or failure
to so notify the Company shall relieve the Company of its obligations hereunder
only to the extent, if at all, that the Company is actually and materially
prejudiced by reason of such delay or failure.  Notice to the Company shall be
directed to the corporate secretary of the Company, at the addresses shown on
the signature page of this Agreement (or such other address as the Company shall
designate in writing to Indemnitee) in accordance with Section 17 hereof.  To
obtain indemnification or advancement of Expenses under this Agreement,
Indemnitee shall submit a written request therefor, which shall include a
reasonably comprehensive accounting of amounts for which indemnification is
being sought and shall refer to one or more of the provisions of this Agreement
pursuant to which such claim is being made and may designate that payment be
made to another Person on Indemnitee’s behalf. 

(q)

Advancement of Expenses.  The Company shall advance all Expenses incurred by
Indemnitee or on Indemnitee’s behalf, without regard to Indemnitee’s ultimate
entitlement to indemnification under the other provisions of this
Agreement.  Indemnitee hereby undertakes to repay such amounts advanced unless
Indemnitee is entitled to be indemnified by the Company.  Any advance, and
undertakings to repay pursuant to this Section, shall be unsecured and interest
free.  The advances to be made hereunder shall be paid by the Company to
Indemnitee within thirty (30) calendar days following delivery of any written
request, from time to time, by Indemnitee to the Company.  Advances payable
hereunder shall include any and all reasonable Expenses incurred pursuing an
action to enforce this right of advancement, including Expenses incurred
preparing and forwarding any statements to the Company to support the advances
claimed.

(r)

Determination of Entitlement to Indemnification.  A determination, if expressly
required by applicable law, with respect to Indemnitee’s entitlement to
indemnification hereunder shall be made within ninety (90) calendar days after
final determination in the Proceeding by (i) a majority vote of the Board who
are not parties to the Proceeding in respect of which indemnification is sought
by Indemnitee, even though less than a quorum, or (ii) by a committee of such
directors designated by a majority vote of such directors even though less than
a quorum, or (iii) if there are no such directors, or if such directors so
direct, by Independent Counsel in a written opinion to the Board (a copy of
which opinion shall be delivered to Indemnitee) or (iv) if so directed by the
Board, by a vote of the shareholders; provided, however, that if there has been
a Change of Control at or prior to the time of such notice by Indemnitee,
Indemnitee’s entitlement to indemnification shall be determined within the
foregoing time period by Independent Counsel selected by Indemnitee, such
determination to be set forth in a written opinion to the Board (a copy of which
opinion shall be delivered to Indemnitee).  The Company agrees to pay the
reasonable fees of any Independent Counsel and to fully indemnify such
Independent Counsel against any and all Expenses, claims, liabilities and
damages arising out of or relating to this Agreement or its engagement pursuant
hereto.  If, pursuant to the foregoing, it is determined that Indemnitee is
entitled to indemnification, payment to Indemnitee shall be made (net of all
amounts, if any, previously advanced to Indemnitee

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or other Persons on Indemnitee’s behalf) within thirty (30) calendar days from
the date of notice to the Company of the determination.  Indemnitee shall
reasonably cooperate in the making of such determination, including providing
upon reasonable advance request any documentation or information that is not
privileged or otherwise protected from disclosure and that is reasonably
available to Indemnitee and reasonably necessary to such determination.  Any
costs or expenses (including attorneys’ fees and disbursements) incurred by
Indemnitee in so cooperating with the Person making such determination shall be
included as Expenses for the purposes of this Agreement.  Nothing in this
Section 4(c) shall be construed to limit or modify the presumptions in favor of
Indemnitee set forth in Section 3(b).

(s)

Notice to Insurers.  If, at the time of the receipt of any notice of any
Proceeding pursuant to Section 4(a) hereof, the Company has directors’ and
officers’ liability insurance in effect, then the Company shall give prompt
notice of the commencement of such Proceeding to the directors’ and officers’
liability insurers in accordance with the procedures set forth in the respective
policies.  The failure or refusal of such insurers to pay any such amount shall
not affect or impair the obligations of the Company under this Agreement.

(t)

Control of Defense; Counsel Costs; Settlement.  In connection with paying the
Expenses of any Proceeding against Indemnitee under Section 4(b), the Company
shall be entitled to elect to assume the defense of such Proceeding, with
counsel approved by Indemnitee, which approval shall not be unreasonably
withheld, by the delivery to Indemnitee of written notice of its election to do
so.  After delivery of such notice, approval of such counsel by Indemnitee and
the retention of such counsel by the Company, the Company shall not be liable to
Indemnitee under this Agreement for any fees of separate counsel subsequently
incurred by Indemnitee with respect to the same Proceeding; provided, that (i)
Indemnitee shall have the right to employ counsel in any such Proceeding at
Indemnitee’s expense; and provided, further (ii) if (A) the employment of
counsel by Indemnitee has been authorized by the Company, (B) Indemnitee has
been advised by counsel that there is an actual conflict of interest between the
Company and Indemnitee in the conduct of any such defense under the applicable
standards of professional conduct or (C) the Company shall not have employed
counsel to assume the defense of such Proceeding within a reasonable period of
time, then in any such event the fees and expenses of Indemnitee’s counsel shall
be at the expense of the Company.  The Company shall not be entitled to assume
the defense of any Proceeding as to which Indemnitee has received the advice
provided for in (B) above.  If two or more persons, including Indemnitee, may be
entitled to indemnification from the Company as parties to any Proceeding, the
Company may require Indemnitee to use the same legal counsel as the other
parties.  Indemnitee shall have the right to use separate legal counsel in the
Proceeding, but the Company shall not be liable to Indemnitee under this
Agreement for the fees and expenses of separate legal counsel incurred after the
notice from the Company of the requirement to use the same legal counsel as the
other parties, unless Indemnitee has been advised by counsel that there is  an
actual conflict of interest under the applicable standards of professional
conduct between Indemnitee and any of the other parties required by the Company
to be so represented by the same legal counsel.  The Company shall not settle
any action or claim

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in any manner that would impose any limitation or unindemnified penalty on
Indemnitee without Indemnitee’s written consent, which consent shall not be
unreasonably withheld.  In connection with any retention of counsel by an
Indemnitee, Expenses shall be limited to not more than one (1) law firm plus, if
applicable, local counsel in respect of a particular Proceeding.  In the event
the Company is not entitled to assume the defense of a Proceeding or elects not
to assume the defense under the terms hereof, it is entitled to participate in
the defense at its own expense.

(u)

Remedies of Indemnitee.

(v)

In the event that (i) a determination is made pursuant to Section 4(c) of this
Agreement that Indemnitee is not entitled to indemnification under this
Agreement, (ii) advancement of Expenses is not timely made pursuant to Section
4(b) hereof, (iii) no determination of entitlement to indemnification shall have
been made pursuant to Section 4(c) hereof within ninety (90) calendar days after
final determination in the Proceeding or (iv) payment of indemnification is not
made pursuant to Section 4(c) hereof within thirty (30) calendar days after the
date of notice to the Company of the determination that Indemnitee is entitled
to indemnification, Indemnitee shall be entitled to an adjudication by a court
of competent jurisdiction of his entitlement to such indemnification,
advancement of Expenses, or to recover damages for breach of this
Agreement.  The Company shall not oppose Indemnitee’s right to seek any such
adjudication.

(w)

In the event that a determination shall have been made pursuant to Section 4(c)
of this Agreement that Indemnitee is not entitled to indemnification, any
judicial proceeding commenced pursuant to this Section 5 shall be conducted in
all respects as a de novo trial and Indemnitee shall not be prejudiced by reason
of that adverse determination.  In any judicial proceeding commenced pursuant to
this Section 5 the Company shall have the burdens of coming forward with clear
and convincing evidence and of persuasion that Indemnitee is not entitled to
indemnification, and the Company may not refer to or introduce into evidence any
determination pursuant to Section 4(c) of this Agreement adverse to Indemnitee
for any purpose.  If a determination shall have been made pursuant to Section
4(c) hereof that Indemnitee is entitled to indemnification, the Company shall be
bound by such determination in any judicial proceeding commenced pursuant to
this Section 5, absent (i) a misstatement by Indemnitee of a material fact, or
an omission of a material fact necessary to make Indemnitee’s statement not
materially misleading, in connection with the request for indemnification, or
(ii) a prohibition of such indemnification under applicable law.

(x)

In the event that Indemnitee, pursuant to this Section 5, seeks a judicial
adjudication to enforce Indemnitee’s rights under, or to recover damages for
breach of, this Agreement, Indemnitee shall be entitled to recover from the
Company, and shall be indemnified by the Company against, any and all Expenses
actually and reasonably incurred by him or her in such judicial
adjudication.  If it shall be determined in said judicial adjudication that
Indemnitee is entitled to receive part but not all of the indemnification
sought, Indemnitee shall be entitled to recover from the Company, and

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shall be indemnified by the Company against, any and all Expenses reasonably
incurred by Indemnitee in connection with such judicial adjudication.

(y)

The Company shall be precluded from asserting in any judicial proceeding
commenced pursuant to this Section 5 that the procedures and presumptions of
this Agreement are not valid, binding and enforceable and shall stipulate in any
such court that the Company is bound by all the provisions of this Agreement.

(z)

Nonexclusivity.  The indemnification provided by this Agreement shall be in
addition to any rights to which Indemnitee may be entitled under the Articles of
Incorporation, the Bylaws, any agreement, any vote of shareholders or
disinterested directors, the MGBCL or otherwise, both as to action in
Indemnitee’s official capacity and as to action in another capacity while
holding such office.

(aa)

Partial Indemnification.  If Indemnitee is entitled under any provision of this
Agreement to indemnification by the Company for some or a portion of the
Expenses or Liabilities actually or reasonably incurred by Indemnitee in
investigation, defense, appeal or settlement of any Proceeding, but not,
however, for the total amount thereof, the Company shall nevertheless indemnify
Indemnitee for the portion of such Expenses and Liabilities to which Indemnitee
is entitled.  Moreover, notwithstanding any other provision of this Agreement,
in the event that Indemnitee has been successful on the merits or otherwise in
defense of any or all claims for which indemnification is sought hereunder,
Indemnitee shall be indemnified against all Expenses incurred in connection
therewith. 

(bb)

Mutual Acknowledgment.  Both the Company and Indemnitee acknowledge that in
certain instances, federal or state law or applicable public policy may prohibit
the Company from contributing,  advancing expenses or indemnifying Indemnitee
under this Agreement or otherwise.  If the Company is prohibited from performing
under any part of this Agreement due to the any of the items indicated in this
Section 8, such non-performance shall not constitute a breach of this Agreement.

(cc)

Directors’ and Officers’ Liability Insurance.  The Company shall use its
commercially reasonable efforts to obtain and maintain on an ongoing basis a
policy or policies of insurance providing liability insurance for Fiduciaries so
long as they are employees, including Indemnitee, in respect of acts or
omissions occurring while serving in such capacity, and to ensure the Company’s
performance of its indemnification obligations under this Agreement.  To the
extent that the Company maintains a policy or policies of insurance pursuant to
this Section 9, Indemnitee shall be covered by such policy or policies in
accordance with its or their terms.

(dd)

 Severability.  If this Agreement or any portion hereof shall be invalidated or
ruled to be unenforceable on any ground by any court of competent jurisdiction,
then the Company shall nevertheless indemnify Indemnitee to the fullest extent
permitted by applicable law and the court is expressly requested and authorized
to construe this Agreement in order, as closely as possible, to provide the
benefits to Indemnitee intended by this Agreement.

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(ee)

 Duration of Agreement.  The indemnification provided under this Agreement shall
continue as to Indemnitee for any action taken or not taken while serving as a
Fiduciary even though Indemnitee may have ceased to serve in such capacity at
the time of any action or other covered proceeding.

(ff)

 Exceptions.  Any other provision herein to the contrary notwithstanding, the
Company shall not be obligated pursuant to the terms of this Agreement to
indemnify Indemnitee as follows:

(gg)

Excluded Acts.  No indemnification shall be made for any acts or omissions or
transactions if and to the extent that it shall be finally determined, that an
officer may not be relieved of liability arising from any such acts or omissions
or transactions under the MGBCL;

(hh)

Claims Initiated by Indemnitee.  No indemnification or advance of Expenses to
Indemnitee shall be made with respect to Proceedings or claims initiated or
brought voluntarily by Indemnitee and not by way of defense or compulsory
counterclaim, except with respect to such Proceedings brought to establish or
enforce a right to indemnification or advancement of Expenses under this
Agreement or any other statute or applicable law or otherwise as required under
Section 351.355.3 of the MGBCL or any provision of the Articles of Incorporation
or Bylaws, unless (i) the Board of Directors has approved the initiation or
bringing of such Proceeding (or any part of any Proceeding) or (ii) the Company
provides the indemnification, in its sole discretion, pursuant to the powers
vested in the Company under applicable law;

(ii)

Lack of Good Faith.  No indemnification shall be made to indemnify Indemnitee
for any Expenses or Liabilities incurred by Indemnitee with respect to any
Proceedings instituted by Indemnitee to enforce or interpret this Agreement, if
it shall be determined by a final judgment or other final adjudication, not
subject to further appeal or review, that each of the material assertions made
by Indemnitee in such proceeding was not made in good faith or was frivolous;

(jj)

Insured Claims.  No indemnification shall be made to indemnify Indemnitee for
Expenses or Liabilities of any type whatsoever if, but only to the extent that,
Indemnitee shall have actually received payment with respect to any such
Expenses or Liabilities from an insurer under any policy of directors’ and
officers’ liability insurance maintained by the Company, and any such payment
shall not be recovered (in whole or in part) from Indemnitee by such insurer;

(kk)

Claims under Section 16(b) or Sarbanes-Oxley Act.  No indemnification shall be
made under this Agreement for Expenses, Liabilities and the payment of profits
arising from (i) the purchase and sale by Indemnitee of securities in violation
of Section 16(b) of the Exchange Act or any similar state or local law with
respect to the disgorgement of “short swing” profits or (ii) any reimbursement
of the Company by Indemnitee of any bonus or other incentive-based or
equity-based compensation or of any profits realized by Indemnitee from the sale
of securities of the Company, as required in each case under the Exchange Act
(including any such reimbursements that arise

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pursuant to Section 304 of the Sarbanes-Oxley Act of 2002 (the “Sarbanes-Oxley
Act”) from an accounting restatement by the Company, or the payment to the
Company of profits arising from the purchase, sale or other acquisition or
transfer by Indemnitee of securities in violation of Section 306 of the
Sarbanes-Oxley Act) or under any employee benefit plan of the Company or other
compensatory agreement to which Indemnitee is a party; or

(ll)

Unauthorized Settlements.  No indemnification shall be made under this Agreement
for any amounts paid in settlement of any Proceedings covered hereby without the
prior consent of the Company to such settlement, which consent shall not be
unreasonably withheld;

provided, that nothing in this Section 12 shall be construed to limit or modify
the presumptions in favor of Indemnitee set forth in Section 3(b).

(mm)

 Effectiveness of Agreement.  The indemnification permitted under the terms of
certain provisions of this Agreement shall be effective as of the date
first-above written and shall apply to acts or omissions of Indemnitee which
occurred prior to such date if Indemnitee was a Fiduciary at the time such act
or omission occurred.

(nn)

 Counterparts.  This Agreement may be executed in two or more counterparts, each
of which shall constitute an original, and all of which shall constitute one and
the same agreement.

(oo)

 Successors and Assigns.

(pp)

This Agreement shall be binding upon and inure to the benefit of and be
enforceable by the parties hereto and their respective successors, assigns,
including any direct or indirect successor by purchase, merger, consolidation or
otherwise to all or substantially all of the business and/or assets of the
Company, spouses, heirs, and executors, administrators, personal and legal
representatives.  The Company shall require and cause any successor (whether
direct or indirect by purchase, merger, consolidation or otherwise) to all or
substantially all, or a substantial part of the business or assets of the
Company expressly to assume and agree to perform this Agreement in the manner
and to the same extent that the Company would be required to perform if no such
succession had taken place.

(qq)

The right to indemnification and advancement of Expenses provided by this
Agreement shall continue as to a person who has ceased to be a Fiduciary.  If
Indemnitee is deceased and would have been entitled to indemnification under any
provision of this Agreement, when requested in writing by the spouse of
Indemnitee, and/or Indemnitee’s heirs, executors, administrators, legatees or
assigns, the Company shall provide appropriate evidence of the Company’s
agreement set out herein. 

(rr)

 Modification and Waiver.  No supplement, modification or amendment of this
Agreement shall be binding unless executed in writing by both of the parties
hereto.  The observance of any term of this Agreement may be waived (either
generally or in a particular instance and either retroactively or prospectively)
by the party entitled to enforce such term only

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by a writing signed by the party against which such waiver is to be
asserted.  No waiver of any of the provisions of this Agreement shall be deemed
or shall constitute a waiver of any other provisions hereof (whether or not
similar) nor shall such waiver constitute a continuing waiver.

(ss)

 Notice.  All notices, requests, demands and other communications under this
Agreement shall be in writing and shall be deemed duly given (i) if delivered by
hand or by courier and receipted for by the party addressee, on the date of such
receipt, (ii) if mailed by domestic certified or registered mail with postage
prepaid, on the third business day after the date postmarked or (iii) if sent by
facsimile transmission and fax confirmation is received, on the next business
day following the date on which such facsimile transmission was sent.  Addresses
for notice to either party are as shown on the signature page of this Agreement,
and may be subsequently modified by written notice.

(tt)

 Subrogation.  In the event of payment under this Agreement, the Company shall
be subrogated to the extent of such payment to all of the rights of recovery of
Indemnitee, who shall, at the Company’s expense, execute all documents required
and do all acts that may be necessary to secure such rights and to enable the
Company effectively to bring suit to enforce such rights.

(uu)

 Evidence of Coverage.  Upon request by Indemnitee, the Company shall provide
copies of any and all directors’ and officers’ liability insurance policies
obtained and maintained in accordance with Section 9 of this Agreement.

(vv)

 Contribution.  In order to provide for just and equitable contribution in
circumstances in which the indemnification provided for herein is held by a
court of competent jurisdiction to be unavailable to Indemnitee in whole or
part, the parties agree that, in such event, the Company shall contribute to the
payment of Indemnitee’s Expenses and Liabilities in an amount that is just and
equitable in the circumstances, taking into account, among other things,
contributions by other directors and officers of the Company pursuant to
indemnification agreements or otherwise.  The Company and Indemnitee agree that,
in the absence of personal enrichment of Indemnitee, or acts of intentional
fraud or dishonest or criminal conduct on the part of Indemnitee, it would not
be just and equitable for Indemnitee to contribute to the payment of Expenses
and Liabilities arising out of a Proceeding in an amount greater than:  (i) in a
case where Indemnitee is a director of the Company or any of its subsidiaries
but not an officer of either, the amount of fees paid to Indemnitee for serving
as a director during the twelve (12) months preceding the commencement of such
Proceeding; or (ii) in a case where Indemnitee is a director of the Company or
any of its subsidiaries and is an officer of either, the amount set forth in
clause (i) plus five (5) percent of the aggregate cash compensation paid to
Indemnitee for serving as such officer(s) during the twelve (12) months
preceding the commencement of such Proceeding; or (iii) in a case where
Indemnitee is only an officer of the Company or any of its subsidiaries, 5
percent of the aggregate cash compensation paid to Indemnitee for serving as
such officer(s) during the twelve (12) months preceding the commencement of such
Proceeding.  The Company shall contribute to the payment of Expenses and
Liabilities covered hereby to the extent not payable by Indemnitee pursuant to
the contribution provisions set forth in the preceding sentence.

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(ww)

 No Duplication of Payments.  The Company shall not be liable under this
Agreement to make any payment in connection with any Expense or Liability of
Indemnitee to the extent Indemnitee has otherwise actually received payment
(under any insurance policy, the Articles of Incorporation, the Bylaws or
otherwise) of the amounts otherwise indemnifiable hereunder.  This Agreement
shall supersede any prior indemnification agreement between Indemnitee and the
Company. 

(xx)

 Specific Performance.  The Company and Indemnitee recognize that if any
provision of this Agreement is violated by the Company, Indemnitee may be
without an adequate remedy at law.  Accordingly, in the event of any such
violation, Indemnitee shall be entitled, if Indemnitee so elects, to institute
proceedings, either in law or at equity, to obtain damages, to enforce specific
performance, to enjoin such violation, or to obtain any relief or any
combination of the foregoing as Indemnitee may elect it to pursue.

(yy)

 Representations of the Company.  The Company represents and warrants to
Indemnitee that neither the execution and delivery of this Agreement by the
Company nor the consummation of the transactions set forth herein or
contemplated hereby will conflict with or result in any violation of, or
constitute a breach of, or a default under, the Articles of Incorporation or
Bylaws, or under any contract, instrument, agreement, understanding, mortgage,
indenture, lease, insurance policy, permit, concession, grant, franchise,
license, judgment, order, decree, statute, law, ordinance, rule or regulation
applicable to the Company. 

(zz)

 Governing Law.  The parties agree that this Agreement shall be governed by, and
construed and enforced in accordance with, the laws of the state of Missouri
without application of the conflict of laws principles thereof.

(aaa)

 Consent to Jurisdiction.  The Company and Indemnitee each hereby irrevocably
consent to the jurisdiction and venue of the courts of the state of Missouri for
all purposes in connection with any action or proceeding which arises out of or
relates to this Agreement.

(bbb)

 Entire Agreement.  This Agreement and the documents referred to herein
constitute the entire agreement between the parties hereto with respect to the
matters covered hereby, and any other prior or contemporaneous oral or written
understandings or agreements with respect to the matters covered hereby are
superseded by this Agreement.

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IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the
date first above-written.

O'REILLY AUTOMOTIVE, INC.
233 South Patterson
Springfield, Missouri 65802 

 

By:

Name:

Title:

Attention:  General Counsel

Facsimile: (417) 829-5861

AGREED TO AND ACCEPTED:                        INDEMNITEE:

Name:

[Address]

[Facsimile]

 

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