Exhibit 10.27


TERMINATION
OF SECOND CONTINGENT PAYMENT AGREEMENT


This Termination of Second Contingent Payment Agreement (this “Agreement”)
is made and entered into as of this 13th day of
December, 2006 by and between LKQ Corporation, a Delaware corporation (“LKQ”),
and Elias Hawa, Sabah Hawa and Fouad Pouyafar (the “Shareholders”).


Recitals


Pursuant to a
Stock Purchase Agreement dated December 31, 2005 (the “SPA”), LKQ acquired all
of the outstanding capital stock of Fit-Rite Body Parts, Inc. (the “Company”)
from the Shareholders.  Concurrent with
the execution of the SPA, LKQ and the Shareholders also executed on December
31, 2005 a First Contingent Payment Agreement (the “First CPA”) and a Second
Contingent Payment Agreement (the “Second CPA”).


NOW, THEREFORE, in
consideration of the payment described below, the mutual promises and covenants
contained herein, and for other good and valuable consideration, the receipt
and sufficiency of which as consideration are hereby acknowledged, the
Shareholders and LKQ covenant and agree as follows:


1.                                       The
Second CPA is terminated effective as of the date of this Agreement. Except as
expressly set forth in this Agreement, none of the parties to the Second CPA
shall have any rights or obligations under the Second CPA after the date of
this Agreement.


2.                                       Within
two business days after full execution of this Agreement, LKQ shall pay an
aggregate of One Million Dollars ($1,000,000) in cash to the Shareholders.


3.                                       Each of the Shareholders hereby releases, waives
and forever discharges LKQ and its past and present officers, directors and
agents, subsidiaries, heirs, successors and assigns (individually, a “Releasee”)
from any and all claims, demands, proceedings, causes of action, orders,
obligations, contracts, agreements, debts and liabilities whatsoever, whether
known or unknown, suspected or unsuspected, both at law and in equity, which
any of the Shareholders now has, has ever had or may hereafter have against a
Releasee arising out of or relating to the Second CPA. Each of the
Shareholders irrevocably covenants to
refrain from, directly or indirectly, asserting any claim or demand, or
commencing, instituting or causing to be commenced, any proceeding of any kind
against a Releasee, based upon any matter purported to be released hereby.


4.                                       The
First CPA shall continue in full force and effect, and the rights and
obligations of the parties under the First CPA shall not be affected by this
Agreement.











5.                                       Each
of the Shareholders agrees that he will not disclose the existence of or any
term or condition of this Agreement to any person or entity.


6.                                       This
Agreement sets forth the entire agreement between LKQ and the Shareholders with
respect to the Second CPA.


7.                                       Each
of the Shareholders understands this Agreement is final and binding.  By signing this Agreement, each of the
Shareholders acknowledges that he has read and understands this Agreement; that
he has not relied upon any representation or statement, written or oral, not
set forth in this Agreement; that he has been advised to consult with an
attorney; that his signature on this Agreement is truly voluntary; and that he
has entered into this Agreement knowingly and willfully.


8.                                       This
Agreement shall be binding upon and shall inure to the benefit of the
respective parties hereto, their legal representatives, successors and assigns.


9.                                     If
any one or more of the provisions contained in this Agreement for any reason is
held to be invalid, illegal or unenforceable in any respect, such invalidity,
illegality or unenforceability shall not affect any other provision hereof, and
this Agreement shall be construed as if such invalid, illegal or unenforceable
provision had never been contained herein.


IN WITNESS
WHEREOF, the parties hereto have caused this Agreement to be duly executed as
of the day and year first above written.


	
  LKQ CORPORATION

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  By:

  	
  /s/ Frank P.
  Erlain

  	
   

  	
   

  	
  /s/ Elias Hawa

  
	
  Name: Frank P.
  Erlain

  	
   

  	
  Elias Hawa

  
	
  Title: Vice
  President

  	
   

  	
   

  
	
   

  	
   

  	
  /s/ Sabah Hawa

  
	
   

  	
   

  	
  Sabah Hawa

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  /s/ Fouad Pouyafar

  
	
   

  	
   

  	
  Fouad Pouyafar