Document:

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                                                                   Exhibit 10.14

                                     FORM OF

                           RESTRICTED STOCK AGREEMENT

         This Restricted Stock Agreement (this "Agreement") is made and entered
into as of _________________ (the "Effective Date"), by and between CSK Auto
Corporation, a Delaware corporation (the "Company"), and _________________ (the
"Participant").

         WHEREAS, the Participant is a director of the Company;

         WHEREAS, the Company has established the CSK Auto Corporation Directors
Stock Plan (the "Plan") whereby the Company may issue restricted shares of the
Company's common stock, par value .01 per share ("Common Stock"), to certain of
the directors of the Company;

         WHEREAS, the Company has adopted the Outside Director Compensation
Policy (the "Policy") in order to implement the Plan for the purposes of
compensating outside directors of the Company; and

         WHEREAS, in order to attract, motivate and retain the services of the
Participant, the Company is willing to issue restricted shares of Common Stock
to the Participant on the terms and conditions set forth in this Agreement;

         NOW, THEREFORE, the Company hereby agrees to issue Participant certain
restricted shares of Common Stock, and Participant hereby accepts such shares,
on the terms and conditions hereinafter set forth.

1.       AUTHORITY.

         The shares of Common Stock issuable to the Participant pursuant to this
Agreement will be issued pursuant to the authority granted under the Plan, and
are subject to all the terms and conditions of the Plan, as the same may be
amended from time to time. The interpretation and construction by the committee
administering the Plan of the Plan, this Agreement and such rules and
regulations as may be adopted by such committee for the purpose of administering
the Plan shall be final and binding upon the Participant. Until the shares of
Common Stock issuable to the Participant pursuant to this Agreement shall vest
or be forfeited, the Company shall, upon written request therefor, send a copy
of the Plan and the Policy, in its then current form, to the Participant.

2.       GRANT OF AWARD.

         Pursuant to the terms of the Plan and the Policy, ________________
(____) shares (the "Shares") of restricted Common Stock will be issued in the
name of the Participant and transferred to the Participant. The Shares will be
restricted by being subject to vesting and non-transferability as hereafter
provided in this Agreement and shall be subject to such limitations on transfer
as are contained in the Plan, the federal and state securities laws applicable
to the Shares or any other limitations on transferability as may be imposed by
the Company.
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3.       RISK OF FORFEITURE.

         The Shares will be subject to a substantial risk of forfeiture. The
Participant must continue to serve as a director of the Company on the Vesting
Date set forth below in order to vest in the ownership of the Shares. If the
Participant's directorship of the Company is terminated for any reason other
than (i) death or disability, or (ii) an Approved Sale (as defined) of the
Company, in either case prior to the Vesting Date, the Shares shall revert to
the Company.

4.       RESTRICTIONS.

         Until the Participant vests in the Shares, the Shares may not be sold,
assigned, conveyed, gifted, pledged, hypothecated or otherwise transferred in
any manner.

5.       VESTING.

         5.1 General. Fifty percent of the Shares shall vest upon the six month
anniversary of the Effective Date (the "Initial Vesting Date"), on the condition
that the Participant remains as a director of the Company on the Initial Vesting
Date, and the remaining fifty percent shall vest upon the earlier of (i) the one
year anniversary of the Effective Date, or (ii) the first date following the
Effective Date on which a duly called meeting (whether annual or special) of the
stockholders of the Company is held for the purpose of electing directors of the
Company at which directors are elected (the "Final Vesting Date" and together
with the Initial Vesting Date, the "Vesting Dates"), on the condition that the
Participant remains as a director of the Company on the Final Vesting Date.

         5.2 Death or Disability. The Shares shall vest in their entirety upon
the Participant's death or disability. For this purpose, the term "disability"
shall mean an illness, incapacity or disability of a nature which prevents the
Participant from fulfilling his duties as a director of the Company for an
aggregate of six (6) calendar months during the period between the Effective
Date and the Final Vesting Date. The Company, at its option and expense, is
entitled to retain a physician reasonably acceptable to the Participant to
confirm the existence of such illness, incapacity or disability, and the
determination of such physician shall be binding upon the Company and the
Participant.

         5.3 Approved Sale of the Company. The Shares shall vest in their
entirety upon the closing of an Approved Sale that occurs prior to the Final
Vesting Date if, immediately prior to such closing, Participant is serving as a
director of the Company. "Approved Sale" means a transaction or a series of
related transactions with an acquiror which had not previously been a
stockholder of the Company (other than as a result of purchasing shares in the
public market) which results in a bona fide, unaffiliated change of beneficial
ownership of (a) 80% of the Company's common equity securities or (b) all or
substantially all of its assets, whether pursuant to the sale of the stock or
assets of the Company or any of its subsidiaries, or a merger or consolidation
involving the Company or any of its subsidiaries.

Form of Restricted Stock Agreement
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6.       ISSUANCE OF CERTIFICATES.

         Promptly following the Stockholder Approval, the Company will issue and
deliver to the Participant, in the name of the Participant, a certificate
representing ownership of the Shares. The certificate representing the Shares
shall contain the following legend:

         THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE ISSUED PURSUANT TO A
         RESTRICTED STOCK AGREEMENT, DATED AS OF ____________ (THE "AGREEMENT"),
         BY AND BETWEEN CSK AUTO CORPORATION AND THE PERSON IN WHOSE NAME THESE
         SECURITIES ARE REGISTERED. THE TERMS AND CONDITIONS OF THE AGREEMENT
         SUBJECT THESE SECURITIES TO A SUBSTANTIAL RISK OF FORFEITURE AND TO
         RESTRICTIONS ON TRANSFERABILITY.

If the Participant is serving as a director of the Company on any Vesting Date,
the Participant may surrender the certificate representing ownership of the
Shares to the Company for reissuance of a certificate representing the vested
Shares, which certificate does not contain the foregoing legend, and a
certificate representing unvested Shares, if any, which certificate shall
contain the foregoing legend.

7.       VOTING; DIVIDENDS; CERTAIN CORPORATE TRANSACTIONS.

         The Participant shall not be entitled to exercise any voting rights
with respect to the Shares or to receive any dividends (other than a stock
dividend) paid with respect thereto, until the Shares have vested. In the event
that the outstanding securities of any class then comprising the Shares are
increased, decreased or exchanged for or converted into cash, property and/or a
different number or kind of securities, or cash, property and/or securities are
distributed in respect of such outstanding securities, in either case as a
result of a reorganization, merger, consolidation, recapitalization,
reclassification, dividend (other than a regular cash dividend) or other
distribution, stock split, reverse stock split or the like, then, unless the
committee administering the Plan shall determine otherwise, the terms "Common
Stock" or "Shares" shall, from and after the date of such event, include such
cash, property and/or securities so distributed in respect of the Shares, or
into or for which the Shares are so increased, decreased, exchanged or
converted.

8.       SECTION 83(B) ELECTION.

         The Participant understands and agrees that the vesting of the
Participant in the Shares shall constitute compensation income arising from
services performed by the Participant for the Company. The Participant
understands that the taxable income recognized by the Participant as a result of
the award of Shares hereunder, and the withholding liability and required date
of withholding with respect thereto, if any, will be affected by a decision by
the Participant to make an election pursuant to Section 83(b) of the Internal
Revenue Code of 1986, as amended (an "83(b) Election"). The Participant
understands and agrees that the Participant will have the sole responsibility
for determining whether to make an 83(b) Election with respect to the Shares,
and for properly making such election and filing the election with the relevant
taxing authorities on a timely basis. The Participant will not rely on the
Company or any of its officers, accountants,

Form of Restricted Stock Agreement
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attorneys or other agents for any advice in connection with the decision whether
to make, or procedures for making, the 83(b) Election, and acknowledges that the
Company has urged the Participant to consult with the Participant's own tax
advisor with respect to the desirability of and procedures for making an 83(b)
Election with respect to the Shares, including when the election should be made.
The Participant agrees to submit to the Company a copy of any 83(b) Election
with respect to the Shares immediately upon filing such election with the
relevant taxing authority.

9.       PAYMENTS TO COMPANY.

         By the execution of this Agreement, the Participant agrees to pay to
the Company the amount of federal, state and local taxes that the Company is
required to withhold and remit to the taxing authorities applicable to the
Participant as a result of the transactions contemplated by this Agreement
(collectively, "Taxes"). The Participant shall pay to the Company an amount
equal to the Taxes the Company is required to withhold and remit as calculated
by the Company in accordance with the rules and regulations of applicable taxing
authorities governing the calculation of such withholding. The Participant shall
make such withholding payment to the Company on the Vesting Date or upon the
Participant making an 83(b) Election. If the Participant fails or refuses to
make such payment to the Company on its due date, the Participant hereby
authorizes the Company, in addition to any of its other remedies, to withhold
from any other compensation or payments due by the Company to the Participant an
amount sufficient to pay such withholding plus interest as hereafter provided
until such withholding and interest is paid in full. Any delinquent payments
made by the Participant to the Company shall bear interest at the lesser of the
maximum interest rate permitted by law or one and one-half percent (1-1/2%) per
calendar month, or portion thereof, compounded monthly, until the entire
withholding is paid in full.

10.      MISCELLANEOUS.

         10.1 Notice. Any notice required or permitted to be given hereunder
shall be deemed sufficiently given if sent by registered or certified mail,
postage prepaid, addressed to the addressee at his or its address last provided
the sender in writing by the addressee for purposes of receiving notices
hereunder or, unless or until such address shall be so furnished, to the address
indicated opposite his or its signature to this Agreement. Each party may also
provide notice by sending the other party a facsimile at a number provided by
such other party.

         10.2 No Right to Employment. This Agreement is not an employment
agreement and shall not confer on the Participant any right to be retained in
the employment of the Company or any of its successors or affiliates.

         10.3 Unfunded Benefits. Nothing in this Agreement shall be construed as
requiring the Company to segregate, earmark, purchase or otherwise set aside or
fund any investment or contract to secure its obligations under this Agreement.
The rights of the Participant hereunder shall be those of a general unsecured
creditor of the Company.

Form of Restricted Stock Agreement
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         10.4 No Trust. Nothing contained in this Agreement or any action taken
pursuant to the provisions of this Agreement shall create or be construed to
create any irrevocable trust of any kind, fiduciary relationship between the
parties.

         10.5 Benefits Nontransferable. The rights of the Participant to the
issuance of the Shares as provided herein shall not be assigned, transferred,
pledged or encumbered, and any attempted assignment shall be void. If any
creditor, trustee in bankruptcy or other person attempts to attach or otherwise
acquire any of the Participant's interest under this Agreement, the Participant
shall immediately forfeit all rights under this Agreement.

         10.6 Governing Law. This Agreement shall be governed by and construed
and enforced in accordance with the laws of the State of Arizona and all
questions relating to the validity and performance hereof and remedies hereunder
shall be determined in accordance with such law.

         10.7 Modification and No Waiver of Breach. No waiver or modification of
this Agreement shall be binding unless it is in writing signed by the parties
hereto. No waiver by a party of a breach hereof by the other party shall be
deemed to constitute a waiver of a future breach, whether of a similar or
dissimilar nature, except to the extent specifically provided in any written
waiver under this Section 10.7.

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

         10.9 Captions. The captions used herein are for ease of reference only
and shall not define or limit the provisions hereof.

         10.10 Entire Agreement. This Agreement together with any agreement,
plans or other documents implementing the terms of this Agreement constitute the
entire agreement between the parties hereto relating to the matters encompassed
hereby and supersede any prior oral or written agreements.

         10.11 Arbitration. Any dispute arising under this Agreement shall be
resolved by binding arbitration conducted under the auspices and pursuant to the
rules of the American Arbitration Association and held in Phoenix, Arizona, or
such other place as the parties may mutually agree. Each party shall bear its or
his own costs and expenses in any such arbitration and one-half of the
arbitrator's fees and expenses.

Form of Restricted Stock Agreement
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         IN WITNESS WHEREOF, this Agreement has been duly executed as of the day
and year first written above.

                                            CSK AUTO CORPORATION,
                                            a Delaware corporation

                                            By:
                                               --------------------------------
                                                Name:   Maynard Jenkins
                                                Title:  Chief Executive Officer

Address for Notices:

     645 E. Missouri Avenue
     Phoenix, AZ  85012
     Attention:  General Counsel

With a copy to:

     Investcorp International Inc.
     280 Park Avenue, 37th Floor West
     New York, NY  10017
     Attention:  Christopher Stadler

                                            Participant
                                                       ------------------------

Address for Notices:

Form of Restricted Stock Agreement<PAGE>   1
                                                                   Exhibit 10.15

                              CSK AUTO CORPORATION
                      2000 SENIOR EXECUTIVE STOCK LOAN PLAN

         1. Purpose. The CSK Auto Corporation 2000 Senior Executive Stock Loan
Plan (the "Plan") has been established by CSK Auto Corporation (the "Company")
to secure for the Company and its shareholders the benefits arising from capital
ownership, and thereby entrepreneurial risk, by those senior executive officers
of the Company and its subsidiaries who are and will be responsible for the
future growth and continued success of the Company and its subsidiaries. The
Plan will provide a means whereby such individuals, pursuant to loans made under
the Plan, may acquire shares of the Company's Common Stock, par value $0.01 per
share ("Common Stock").

         2. Administration. Except as set forth in Section 3 below, the
authority to manage and control the operation and administration of the Plan
shall be vested in the Compensation Committee (the "Committee") of the Board of
Directors of the Company (the "Board"). Any interpretation of the Plan by the
Committee and any decision made by the Committee on any matter within its
discretion is final and binding on all persons. No member of the Committee shall
be liable for any action or determination made with respect to the Plan.

         3. Participation. The Chief Executive Officer of the Company, with the
concurrence of the Committee, shall determine and designate from among the
senior executive officers of the Company and its subsidiaries (including
employees who are also directors), the officers who will participate in the Plan
("Participants").

         4. Description of Plan and Procedures. For the above-noted purposes,
the Company shall make a loan (a "Loan") to each requesting Participant to
finance the acquisition by a Participant of newly purchased shares of Common
Stock (the "Purchased Shares") in the open market. If the Participant desires to
purchase Common Stock and apply for a Loan, the Participant shall notify the
Company in writing of his intention to purchase such Common Stock and make
application to the Company for such Loan, at least two days prior to the
required funding, by executing and delivering an Election to Participate,
substantially in the form attached hereto as Exhibit A. Upon such timely
application, the Participant will be required to execute and deliver a
promissory note and pledge agreement, each as described below, at which time the
Company will issue its check in the amount of the Loan. This Loan shall be used
only for the purpose of purchasing the Common Stock indicated in the
Participant's notice. It is the Participant's responsibility to effect a
purchase of the Common Stock on the open market, using a broker or dealer of the
Participant's choice, no later than ten (10) calendar days following the date of
the Loan. Under no circumstances, however, will the Participant purchase the
Common Stock directly from the Company. The Participant must request that the
Purchased Shares be received by him or her in certificated form. The Participant
is obligated to furnish to the Secretary of the Company satisfactory evidence
that such purchase was made, such as a confirmed purchase order from the
Participant's broker or dealer. Notwithstanding any other provision of this
Plan, all purchases of Common Stock by Participants shall be made in accordance
with the Company's policy regarding securities trades by Company personnel with
access to material information.
<PAGE>   2
         5. Purchase Loans. The aggregate principal of any Loan to a Participant
shall not exceed fifty percent (50%) of the purchase price (exclusive of
brokerage fees and other similar expenses in connection with such purchase) of
the Purchased Shares, subject to the following:

                  (a) Each Loan shall be evidenced by a promissory note (the
         "Note") in such form as the Committee shall approve; provided, that the
         note shall (i) provide full recourse to the Participant, (ii) provide
         for interest at a rate for each fiscal quarter or part thereof equal to
         the average rate paid by CSK Auto, Inc. under the revolving portion of
         its Senior Credit Facility during such period, (iii) be secured by a
         Pledge Agreement (described in subsection 6.1 below), and (iv) comply
         with all applicable laws, regulations and rules of the Board of
         Governors of the Federal Reserve System and any other governmental
         agency having jurisdiction.

                  (b) Subject to the prepayment provisions of subsection 6.2
         below and the acceleration provisions set forth in paragraphs (c) and
         (d) below, each Loan shall mature no later than five (5) years after it
         is made (the "Maturity Date"), at which time all unpaid principal and
         interest shall be payable.

                  (c) The principal and interest outstanding under a Loan of a
         Participant who retires on or after age 65 or whose employment with the
         Company and its affiliates terminates by reason of his death or
         Disability (as defined below) or is terminated for a reason other than
         Cause (as defined below) will not become due and payable until the
         Maturity Date of the Loan. All principal and interest outstanding under
         a Loan with respect to any other Participant will automatically become
         due and payable on the date the Participant's employment with the
         Company and its affiliates terminates. "Disability" means, unless
         otherwise defined in the Participant's Employment Agreement, if any, a
         determination by the Committee in its sole discretion that a
         Participant has become "disabled" within the meaning of the Company's
         long-term disability plan as in effect at the time. "Cause," unless
         otherwise defined in the Participant's Employment Agreement, if any,
         shall mean (i) the conviction for the commission of, or a plea of
         guilty or nolo contendere made by a Participant in response to a charge
         involving, a felony or a crime involving moral turpitude, (ii) the
         embezzlement or misappropriation of funds or property of the Company or
         any of its subsidiaries, (iii) the continued use of alcohol or drugs to
         an extent which interferes with the performance by the Participant of
         his or her employment responsibilities, (iv) the intentional,
         unauthorized disclosure of proprietary information or confidential
         records of the Company or any of its subsidiaries or (v) the willful
         failure or refusal to perform those duties reasonably assigned or
         delegated to the Participant by the Board (or the Board of Directors of
         the Company's subsidiary which employs the Participant) which failure
         or refusal continues following (A) such Board of Directors giving Buyer
         written notice setting forth the facts or events constituting such
         failure or refusal, and (B) a reasonable opportunity to correct the
         deficiencies or other problems specified in such notice to the
         reasonable satisfaction of such Board.

                  (d) The Company has the right to accelerate the principal and
         interest due under the Loan if any of the following events occurs: (i)
         the Participant defaults in the payment of any amount due under the
         Loan and the default remains uncured for a period of ten (10) days
         after the date the Company gives the Participant notice of the default,
         (ii)

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         the Participant defaults under or breaches any other covenant,
         representation or warranty under the Note, the Pledge Agreement or any
         other agreement under the Plan and the default or breach remains
         uncured for a period of thirty (30) days after the date the Company
         gives the Participant notice of his default or breach, (iii) the
         Participant applies for or consents to the appointment of a receiver,
         trustee, custodian or liquidator of any of his property, admits in
         writing his inability to pay his debts as they mature, makes a general
         assignment as a bankrupt or insolvent or is the subject of an order for
         relief under the United States Bankruptcy Code or files a voluntary
         petition in bankruptcy or a petition or answer seeking an arrangement
         with creditors to take advantage of any bankruptcy, insolvency,
         readjustment or debt or liquidation law or statute, or an answer
         admitting the material allegations of a petition filed against him in
         any proceeding under any such law, or (iv) any court of competent
         jurisdiction enters an order, judgment or decree, without the
         application, approval or consent of the Participant, approving a
         petition appointing a receiver, trustee, custodian or liquidator of all
         or a substantial part of the assets of the Participant, and such order,
         judgment or decree continues unstayed and in effect for a period of
         thirty (30) days.

                  (c) If a Participant fails to make any payment required under
         the Participant's Loan when due, the Company may foreclose on the
         Pledged Property (as defined in subsection 6.1) and may otherwise
         enforce its rights under the Plan and any Note or other agreement
         entered into under the Plan.

The aggregate principal amount of all Loans outstanding under the Plan shall
not, without the approval of the Board, exceed $2,000,000, at any time.

         6.       Pledge of Shares.

                  6.1 Pledge Agreement. Each Participant shall enter into an
agreement with the Company in such form as the Committee shall approve (the
"Pledge Agreement") to pledge to the Company all of the Purchased Shares, any
non-cash dividends or distributions payable with respect to such shares and any
securities or other property (other than cash) payable in respect of or in
exchange for such shares pursuant to any merger, reorganization, consolidation,
recapitalization, exchange offer or other similar corporate transaction and all
proceeds thereof (collectively, the "Pledged Property") to secure repayment of
the Loan. Notwithstanding the foregoing, in the event that the Committee
determines that a Participant would recognize a net increase in taxable income
from the receipt of any such dividends or distributions, the Committee may in
its discretion permit the Participant to retain a portion of the dividends or
distributions so as to be able to pay all or part of his related increase in
taxes.

                  (a) Certificates representing shares of stock that consist of
         Pledged Property shall bear the following legend in addition to any
         other legends that the Company may deem appropriate:

                  "THIS CERTIFICATE AND THE SHARES OF STOCK AND ALL RIGHTS
                  HEREBY REPRESENTED ARE SUBJECT TO THE TERMS, CONDITIONS AND
                  RESTRICTIONS SET FORTH IN THE CSK AUTO CORPORATION 2000 SENIOR
                  EXECUTIVE STOCK

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                  LOAN PLAN AND ANY AGREEMENT UNDER THAT PLAN AND THE PLEDGE
                  AGREEMENT BETWEEN THE OWNER OF SUCH SHARES AND CSK AUTO
                  CORPORATION AND MAY NOT BE SOLD OR TRANSFERRED EXCEPT IN
                  ACCORDANCE WITH THE TERMS AND CONDITIONS OF SUCH PLAN AND
                  AGREEMENTS, COPIES OF WHICH ARE ON FILE AT THE OFFICES OF CSK
                  AUTO CORPORATION."

                  (b) Any cash otherwise receivable by the Participant upon an
         exchange or conversion of Pledged Property shall instead be paid
         directly to the Company and applied to reduce the outstanding Loan
         balance (with accrued but unpaid interest being reduced first). Any
         cash in excess of that applied against the outstanding Loan balance
         shall be paid to the Participant.

                  6.2.     Prepayments of Loan and Releases from Pledge.

                  (a) A Participant may make voluntary prepayments on the Loan
         at any time without penalty in such minimum amounts as the Committee
         may determine, which shall be applied first to accrued but unpaid
         interest, and then to principal.

                  (b) In the event that any cash dividend or distribution is
         paid by the Company with respect to any Pledged Property relating to
         the Loan, the Participant shall make a mandatory prepayment with
         respect to the Loan equal to the amount of such dividend or
         distribution, which shall be applied first to accrued but unpaid
         interest under the Loan, then to principal. Notwithstanding the
         foregoing, in the event that the Committee determines that a
         Participant would recognize a net increase in taxable income from the
         receipt of any such dividends or distributions after giving effect to
         any deduction for the related payment under the Loan, the Committee may
         in its discretion permit the Participant to retain a portion of the
         dividends or distributions so as to be able to pay all or part of his
         related increase in taxes.

                  (c) In the event that the Participant at any time desires to
         obtain a release of all or part of any Pledged Property securing the
         Loan, as a condition to the release, the Participant shall make
         arrangements satisfactory to the Company (i) if the released Purchased
         Shares are to be sold contemporaneously with their release, for the
         payment directly to the Company by the purchaser of such released
         Purchased Shares of all proceeds from the sale of such Shares which
         would otherwise be payable to the Participant (such proceeds to be
         applied first to accrued but unpaid interest under the Loan, then to
         principal, with any proceeds in excess of such amounts being paid by
         the Company to the Participant), or (ii) in all circumstances other
         than those in (i) above, for the payment by the Participant of all
         unpaid amounts outstanding under the Loan, the promissory note
         evidencing such Loan and the Pledge Agreement.

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<PAGE>   5
         7.       Restrictions on Purchased Shares.

         (a) Except as provided in the Pledge Agreement in the case of an Event
of Default as defined therein, or as set forth in paragraph 7(c) below, until
the end of the Restricted Period (as defined below):

                  (i) Purchased Shares may not be sold, assigned, transferred,
         pledged hypothecated or transferred in any way (other than by the
         Participant's will or the laws of descent and distribution) by the
         Participant;

                  (ii) the certificate representing such shares shall be
         registered in the name of the Participant and shall be deposited with
         the Company, together with a stock power (in such form as the Company
         may determine); and

                  (iii) the Participant shall be treated as a stockholder with
         respect to the Purchased Shares, including the right to vote such
         shares.

         (b) The "Restricted Period" for each Participant shall mean the period
beginning on the date that the Purchased Shares are acquired by such Participant
and ending on the later of (i) the date that the principal of the Loan and all
unpaid interest thereon is repaid in full or (ii) the first anniversary of the
date that the Purchased Shares are acquired by such Participant.

         (c) Notwithstanding the provisions of paragraphs 7(a) and (b) above,
the Committee shall have the authority, in its sole discretion, to permit a
Participant to sell, assign, transfer, pledge, hypothecate or otherwise transfer
his or her Purchased Shares under such conditions as the Committee shall
determine.

         8. Transfers at Termination of Restricted Period. At the end of the
Restricted Period with respect to Purchased Shares, the certificate representing
such shares shall be transferred to the Participant (or the Participant's legal
representative or heir) free of all restrictions under the Plan.

         9. Additional Collateral. The Committee may, as a condition to
extending a Loan hereunder, require that the Participant collateralize the Loan
by pledging to the Company such other collateral as may from time to time be
required by the Board of Governors of the Federal Reserve Board.

         10. General.

                  10.1. Effective Date. The Plan will become effective upon its
approval by the Company's Board of Directors.

                  10.2. Agreements Evidencing Participation. At the time of a
Participant's designation as a Participant, the Committee may require a
Participant to enter into one or more agreements with the Company in a form
specified by the Committee agreeing to the terms and conditions of the Plan and
to such additional terms and conditions, not inconsistent with the Plan, as the
Committee may in its discretion prescribe (collectively, "Plan Documents").

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<PAGE>   6
                  10.3. Nontransferability. No right provided under the Plan to
any Participant may be transferred, pledged or assigned by the Participant
(except, in the event of the Participant's death, by will or the laws of descent
and distribution), and the Company shall not be required to recognize any
attempted assignment of such rights by any Participant.

                  10.4. Compliance with Applicable Law and Withholding. The
Company shall have the right to require a Participant to pay to the Company the
amount of any taxes that are required to be withheld with respect to a
Participant's participation in the Plan. To the extent permitted by the
Committee, a Participant may elect to have any distribution otherwise required
to be made under the Plan withheld to fulfill any tax withholding obligation.

                  10.5. No Employment Rights. The Plan does not constitute a
contract of employment, and participation in the Plan will not give any
Participant the right to be retained in the employ of the Company or an
affiliate or the right to continue as a director of the Company or any right or
claim to any benefit under the Plan unless such right or claim has specifically
accrued under the terms of the Plan or the terms of any award under the Plan.

                  10.6. Governing Law. The Plan and all determinations made and
actions taken thereunder, to the extent not otherwise governed by the laws of
the United States, shall be governed by the internal laws of the State of
Delaware and construed accordingly.

                  10.7. Amendments and Termination of the Plan. The Board of
Directors may at any time suspend or terminate the Plan, in whole or in part, or
amend it from time to time in such respects as it may deem advisable, including,
without limitation, in order that Loans extended hereunder meet the requirements
of applicable law, regulations, rulings or interpretations of administrative
agencies. No new Loan shall be extended on or after the second anniversary of
the Plan's effectiveness.

                                       6
<PAGE>   7
                                                                       EXHIBIT A

                                     FORM OF
                             ELECTION TO PARTICIPATE

         I hereby elect to participate in the 2000 Senior Executive Stock Loan
Plan (the "Plan") of CSK Auto Corporation (the "Company") and request to borrow
$__________, or such lesser amount as the Company may determine, thereunder for
the purpose of purchasing shares (the "Shares") of the Company's Common Stock,
par value $.01 per share, on the open market through a broker or dealer of my
choice, the name and mailing address of which is set forth below (my "Broker").
I understand that my participation will be subject to the terms of the Plan and
the other documents that are required to be executed in connection with the
Plan.

         I acknowledge that (i) I have received and reviewed a copy of the Plan,
and a copy of the Prospectus dated _____________, 2000 covering the Shares to be
acquired under the Plan, as well as copies of the Promissory Note and Stock
Pledge Agreement required to be executed by me upon receipt of a loan under the
Plan (a "Loan"), (ii) by completing, signing and returning this form, I am
agreeing to borrow the amount specified above (or such lesser amount determined
by the Company) and to have the full amount of such Loan applied by my Broker to
the purchase(s) of the Shares, (iii) the proceeds from the Loan shall not exceed
fifty percent (50%) of the total funds used by me to purchase the Shares
(exclusive of brokerage fees and other similar expenses in connection with such
purchase), and (iv) the Loan will be made only in conjunction with, and subject
to, the closing of the open market purchases referred to above and will be on
the terms set forth in the Plan and the above-mentioned Promissory Note and
Stock Pledge Agreement (which I agree to sign and return upon the closing of the
Loan).

         I agree that, upon the closing of the Loan and Share purchase(s), the
Shares purchased on my behalf shall be registered in the name of the individual
signing below and that certificates or other instruments representing or
evidencing such Shares shall immediately be delivered to the Company as required
by the above-mentioned Stock Pledge Agreement, along with duly executed
instruments of transfer or assignment in blank, all in form and substance
satisfactory to the Company.

Broker Name and Address:   ____________________________

                           ____________________________

                           ____________________________

                           ____________________________

                           ____________________________

                                       WITNESS my signature below:

Date:  ____________, 2000
                                       ________________________________________
                                       Name:
                                       Title:
                                       Social Security No.:

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