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                                                                   EXHIBIT 10.13

                       KEYSTONE AUTOMOTIVE HOLDINGS, INC.
                       ----------------------------------

                        2003 EXECUTIVE STOCK OPTION PLAN
                        --------------------------------

     1.   Purpose of Plan. This 2003 Executive Stock Option Plan (this "Plan")
of Keystone Automotive Holdings, Inc., a Delaware corporation (the "Company"),
is designed to provide incentives to such present and future officers, directors
and employees of the Company or its Subsidiaries as may be selected in the sole
discretion of the Board, and to such consultants or advisors to the Company as
the chief executive officer of the Company shall recommend and the Board shall
approve as performing services for the Company or its Subsidiaries which in the
sole discretion of the Board merit participation in this Plan (collectively, the
"Participants" and each, a "Participant"), through the grant of Options by the
Company to Participants.

     2.   Administration of this Plan. The Board shall have the power and
authority to prescribe, amend and rescind rules and procedures governing the
administration of this Plan, including, but not limited to the full power and
authority (i) to interpret the terms of this Plan, the terms of any Options
granted under this Plan, and the rules and procedures established by the Board
governing any such Options, (ii) to determine the rights of any person under
this Plan, or the meaning of requirements imposed by the terms of this Plan or
any rule or procedure established by the Board, (iii) impose such limitations,
restrictions and conditions upon such Options as it shall deem appropriate, (iv)
adopt, amend, and rescind administrative guidelines and other rules and
regulations relating to this Plan, (v) correct any defect or omission or
reconcile any inconsistency in this Plan and (vi) make all other determinations
and take all other actions necessary or advisable for the implementation and
administration of this Plan, subject to such limitations as may be imposed by
the Code or other applicable law. Each action of the Board shall be binding on
all persons. The Board may, to the extent permissible by law, delegate any of
its authority hereunder to such persons or committees or subcommittees of the
Board as it deems appropriate.

     3.   Definitions. Certain terms used in this Plan have the meanings set
forth below:

     "Board" means the Company's board of directors.

     "Class A Common" means the Company's Class A Common Stock, par value $0.01
per share, or, in the event that the outstanding shares of Class A Common are
hereafter recapitalized, converted into or exchanged for different stock or
securities of the Company, such other stock or securities.

     "Class L Common" means the Company's Class L Common Stock, par value $0.01
per share, or, in the event that the outstanding shares of Class L Common are
hereafter recapitalized, converted into or exchanged for different stock or
securities of the Company, such other stock or securities.

     "Code" means the Internal Revenue Code of 1986, as it may be amended from
time to time.

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     "Common Stock" means the Class A Common and the Class L Common.

     "Fair Market Value" of a share of Common Stock means the fair market value
of a share of Common Stock without discounts as determined in good faith by the
Board.

     "1933 Act" means the Securities Act of 1933, as amended from time to time.

     "Option" means any option enabling the holder thereof to purchase Common
Stock from the Company granted by the Board pursuant to the provisions of this
Plan.

     "Option Stock" with respect to a Participant, means any Common Stock issued
to such Participant upon exercise of any Options granted hereunder. For all
purposes of this Plan, Option Stock will continue to be Option Stock in the
hands of any holder other than a Participant (except for the Company and
purchasers pursuant to a Public Sale), and each such other holder of Option
Stock will succeed to all rights and obligations attributable to such
Participant as a holder of Option Stock hereunder. Option Stock will also
include shares of the Company's capital stock issued with respect to shares of
Option Stock by way of a stock split, stock dividend or other recapitalization.

     "Person" means an individual, a partnership, a corporation, a limited
liability company, an association, a joint stock company, a trust, a joint
venture, an unincorporated organization and a governmental entity or any
department, agency or political subdivision thereof.

     "Public Offering" means any underwritten sale of Common Stock pursuant to
an effective registration statement under the Securities Act filed with the
Securities and Exchange Commission on Form S-1 (or a successor form adopted by
the Securities and Exchange Commission); provided, that the following shall not
be considered a Public Offering: (i) any issuance of Common Stock as
consideration or financing for a merger or acquisition and (ii) any issuance of
Common Stock or rights to acquire Common Stock to employees of the Company or
its Subsidiaries as part of an incentive or compensation plan.

     "Public Sale" means any sale pursuant to a registered public offering under
the Securities Act or any sale to the public through a broker, dealer or market
maker pursuant to Rule 144 promulgated under the Securities Act.

     "Stockholders Agreement" means the Stockholders Agreement, dated as of the
date hereof, by and among the Company and certain of its stockholders, as
amended, restated or otherwise modified from time to time.

     "Subsidiary" means with respect to any Person, any corporation,
partnership, association or other business entity of which (i) if a corporation,
a majority of the total voting power of shares of stock entitled (without regard
to the occurrence of any contingency) to vote in the election of directors is at
the time owned or controlled, directly or indirectly, by that Person or one or
more of the other Subsidiaries of that Person or a combination thereof, or (ii)
if a partnership, association or other business entity, a majority of the
partnership or other similar ownership interest thereof is at the time owned or
controlled, directly or indirectly, by any Person or one or more Subsidiaries of
that Person or a combination thereof. For purposes hereof, a Person or Persons
shall be deemed to have a majority ownership interest in a partnership,

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association or other business entity if such Person or Persons shall be
allocated a majority of partnership, association or other business entity gains
or losses or shall be or control the managing director or general partner of
such partnership, association or other business entity.

     "Termination Date" means the date on which a Participant is no longer
employed by the Company or any of its Subsidiaries for any reason.

     "Transfer" means any direct or indirect sale, transfer, assignment, pledge,
encumbrance or other disposition (whether with or without consideration and
whether voluntary or involuntary or by operation of law, including to the
Company or any of its Subsidiaries) of any interest.

     4.   Grant of Options.

     (a)  The Board shall have the right and power to grant to any Participant,
at any time prior to the termination of this Plan, Options in such quantity, at
such price, on such terms and subject to such conditions that are consistent
with this Plan and established by the Board. Options granted under this Plan
shall be in the forms described in this Section 4, or in such other form or
forms as the Board may determine, and shall be subject to such additional terms
and conditions and evidenced by grant agreements (each, an "Option Agreement"),
if any, as shall be determined from time to time by the Board. Except as
otherwise set forth in an Option Agreement between the Company and any
Participant, Options shall be subject to all of the terms and conditions
contained in this Plan.

     (b)  Time Options.

          (i)   A "Class A Common Option" shall entitle a Participant to
     purchase from the Company one or more shares of Class A Common and shall
     have an exercise price per share as determined by the Board and evidenced
     in such Participant's Option Agreement (the "Class A Common Option Price").

          (ii)  A "Class L Common Option" shall entitle a Participant to
     purchase from the Company one or more shares of Class L Common and shall
     have an exercise price per share as determined by the Board and evidenced
     in such Participant's Option Agreement (the "Class L Common Option Price").

          (iii) Class A Common Options and Class L Common Options are referred
     to herein as "Time Options," and the shares issued upon exercise of the
     Class A Common Options or the Class L Common Options are referred to herein
     as "Time Option Shares." The number of Time Option Shares, the Class A
     Common Option Price and the Class L Common Option Price will be equitably
     adjusted for any stock split, stock dividend, reclassification or
     recapitalization of the Company that occurs subsequent to the date of
     grant. The Time Options (whether vested or unvested) will expire on the
     earlier of the tenth anniversary of the date of grant (the "Expiration
     Date") or the respective Participant's Termination Date; provided, that any
     portion of the Time Options that has not vested and become exercisable
     prior to the Termination Date shall expire on the Termination Date and may
     not be exercised under any circumstance; provided, further, that any
     portion of the Time Options that has vested and become exercisable prior to
     the

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     Termination Date will expire on the earlier of (i) 90 days after the
     Termination Date and (ii) the Expiration Date. Time Options are not
     intended to be "incentive stock options" within the meaning of Section 422
     of the Code.

          (iv)  Exercisability. The Class A Common Options and Class L Common
     Options will vest, and thus become exercisable as set forth in the Option
     Agreement between the Company and the Participant, or, in the absence of
     such a term in such agreement, on each date set forth below with respect to
     the cumulative percentage of Time Option Shares issuable upon each of the
     Class A Common Options and the Class L Common Options set forth opposite
     such date if the respective Participant is, and has been, continuously
     employed by the Company or any of its Subsidiaries from the date of grant
     through such date:

                                                  Cumulative Percentage
                                                 of Class A Common Options
                                                and Class L Common Options
                    Date                          Exercisable and Vested
     -----------------------------------        --------------------------
     First anniversary of date of grant                                 20%
     Second anniversary of date of grant                                40%
     Third anniversary of date of grant                                 60%
     Fourth anniversary of date of grant                                80%
     Fifth anniversary of date of grant                                100%

          (v)   Vesting of Time Option Shares. Time Option Shares shall be fully
     vested immediately upon exercise of the Time Option with respect thereto.

          (vi)  Procedure for Exercise. At any time after all or any portion of
     the Time Options have become vested and exercisable with respect to any
     Time Option Shares and prior to their expiration, a Participant may
     exercise all or a portion of his or her Time Option with respect to the
     Time Option Shares which have become vested and exercisable by delivering
     written notice of exercise to the Company (an "Exercise Notice") together
     with (i) a written acknowledgment that such Participant has read and has
     been afforded an opportunity to ask questions of management of the Company
     regarding all financial and other information provided to such Participant
     regarding the Company and (ii) payment in full by delivery of a cashier's,
     certified check or wire transfer in the amount equal to the product of the
     Option Price multiplied by the number of Time Option Shares to be acquired
     plus the amount of any additional federal and state income taxes required
     to be withheld by reason of the exercise of the Time Option, except as
     otherwise may be permitted by the Company pursuant to Sections 12 and 13
     below. A Participant must exercise Class A Common Options to acquire nine
     shares of

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     Class A Common for every one share of Class L Common acquired through the
     exercise of Class L Common Options and Class L Common Options to acquire
     one share of Class L Common for every nine shares of Class A Common
     acquired through the exercise of Class A Common Options. As a condition to
     any exercise of a Time Option, a Participant will permit any of the Company
     and its Subsidiaries to deliver to him or her all financial and other
     information regarding the Company and its Subsidiaries which it believes
     necessary to enable such Participant to make an informed investment
     decision.

          (vii) Class L Common Option Exercise. Each share of Class L Common
     issued upon exercise of any Class L Common Option shall be deemed to have
     accrued and unpaid yield as of the date of exercise as if such share of
     Class L Common had been issued on the date the Class L Common Option was
     issued hereunder (which in the case of any Class L Common Options issued in
     the first grant of Time Options hereunder shall be deemed to have been
     October 30, 2003).

     (c)  Representations upon Exercise. In connection with any exercise of
Options, Participant shall make such customary investment representations as the
Company may require and Participant shall execute such documents necessary for
the Company to perfect exemptions from registration under federal and state
securities laws as the Company may reasonably request.

     5.   Non-Transferability of Options. The Options are personal to a
Participant and are not Transferable by such Participant. Only a Participant or
his estate or heirs is entitled to exercise the Options. The Transfer of Option
Stock will be subject to restrictions in the Option Agreement.

     6.   Stockholders Agreement. Upon exercise of any Time Option granted
hereunder, Participant, if not already a party thereto, shall execute and
deliver to the Company a joinder to the Stockholders Agreement in form and
substance satisfactory to the Company agreeing to be bound by the terms and
conditions thereof. Participant accepts, acknowledges, and agrees that the
Option Stock issued upon exercise of any Time Options is subject to the terms
and conditions of the Stockholders Agreement, including the restrictions on
transfer contained therein.

     7.   Limitation on the Aggregate Number of Shares. The number of shares of
Common Stock issued under this Plan (including the number of shares of Common
Stock with respect to which Options may be granted under this Plan (and which
may be issued upon the exercise or payment thereof)) shall not exceed, in the
aggregate, 14,971,572 shares of Class A Common and 1,663,508 shares of Class L
Common (as such numbers are equitably adjusted pursuant to the terms hereof). If
any Options expire unexercised or unpaid or are canceled, terminated or
forfeited in any manner without the issuance of Common Stock or payment
thereunder, the shares with respect to which such Options were granted shall
again be available under this Plan. Similarly, if any shares of Common Stock
issued upon exercise of Options are repurchased by the Company, such shares
shall again be available under this Plan for reissuance as Option Stock. Shares
of Common Stock to be issued upon exercise of the Options or shares of Common
Stock to be sold directly hereunder may be either authorized and unissued
shares, treasury shares, or a combination thereof, as the Board shall determine.

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     8.   Holdback Agreement. Participant shall not effect any public sale or
distribution (including sales pursuant to Rule 144) of any Option Stock, during
the 7 days prior to and the 180 days after the effective date of any
underwritten public offering, except as part of such underwritten public
offering or if otherwise permitted by the Company.

     9.   Public Offering. In the event that the Board and the holders of a
majority of the shares of Common Stock then outstanding approve an initial
Public Offering, the holders of Option Stock will take all necessary or
desirable actions in connection with the consummation of the Public Offering. In
the event that such Public Offering is an underwritten offering and the managing
underwriters advise the Company in writing that in their opinion the Common
Stock structure will adversely affect the marketability of the offering, each
holder of Option Stock will consent to and vote for a recapitalization,
reorganization and/or exchange of the Common Stock into securities that the
managing underwriters, the Board and holders of a majority of the shares of
Common Stock then outstanding find acceptable and will take all necessary or
desirable actions in connection with the consummation of the recapitalization,
reorganization and/or exchange.

     10.  Listing, Registration and Compliance with Laws and Regulations. Each
Option shall be subject to the requirement that if at any time the Board shall
determine, in its discretion that the listing, registration or qualification of
the shares subject to the Option upon any securities exchange or under any state
or federal securities or other law or regulation or the consent or approval of
any governmental regulatory body, is necessary or desirable as a condition to or
in connection with the granting of such Option or the issue or purchase of
shares thereunder, no such Option may be exercised or paid in Common Stock in
whole or in part unless such listing, registration, qualification, consent or
approval (a "Required Listing") shall have been effected or obtained and the
holder of the Option will supply the Company with such certificates,
representations and information as the Company shall request which are
reasonably necessary or desirable in order for the Company to obtain such
Required Listing, and shall otherwise cooperate with the Company in obtaining
such Required Listing. In the case of officers and other persons subject to
Section 16(b) of the Securities Exchange Act of 1934, as amended, the Board may
at any time impose any limitations upon the exercise of an Option which, in the
Board's discretion, are necessary or desirable in order to comply with Section
16(b) and the rules and regulations thereunder. If the Company, as part of an
offering of securities or otherwise, finds it desirable because of federal or
state regulatory requirements to reduce the period during which any Options may
be exercised, the Board may, in its discretion and without the consent of the
holders of any such Options, so reduce such period on not less than 15 days'
written notice to the holders thereof.

     11.  Purchaser Representative. If the Company or the holders of the
Company's securities enter into any negotiation or transaction for which Rule
506 (or any similar rule then in effect) promulgated by the Securities Exchange
Commission may be available with respect to such negotiation or transaction
(including a merger, consolidation or other reorganization), as a condition to
participation in such sale (whether or not obligated to so participate pursuant
to the provisions of the Stockholders Agreement or otherwise), the holders of
Option Stock will, at the request of the Company, appoint a purchaser
representative (as such term is defined in Rule 501) reasonably acceptable to
the Company. If any holder of Option Stock appoints a purchaser

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representative designated by the Company, the Company will pay the fees of such
purchaser representative; but if any holder of Option Stock declines to appoint
the purchaser representative designated by the Company, such holder will appoint
another purchaser representative and such holder will be responsible for the
fees of the purchaser representative so appointed.

     12.  Cash Payments Upon Exercise. Upon the written request of the holder of
exercisable Options, the Board may in its sole discretion provide that such
holder shall, as soon as practicable after the exercise of the Options, receive,
in lieu of any issuance of Common Stock, a cash payment in such amount as the
Board and such holder may agree but not more than the excess of the Fair Market
Value of a share of Common Stock (on the date the holder recognizes taxable
income) over the Option's exercise price multiplied by the number of shares as
to which the Option is exercised.

     13.  Cashless Exercise. At the discretion of the Board, a Participant may
be permitted to acquire Common Stock upon the exercise of Options without the
payment in cash or by promissory note of the exercise price therefor pursuant to
a cashless exercise of such Options, which cashless exercise shall be
effectuated by the surrender and termination by such Participant of a number of
shares of Option Stock for which the aggregate difference between the exercise
price of such Options to acquire such Option Stock and the Fair Market Value of
the Common Stock underlying such Options equals the aggregate exercise price of
Options for the number of Common Stock to be issued to the Participant;
provided, that the total number of Options which are then vested and exercisable
by such Participant shall be at least equal to the sum of the number of Options
being so surrendered and terminated plus the number of Options for the Common
Stock to be issued to the Participant.

     14.  Adjustment for Change in Common Stock. In the event of a
reorganization, recapitalization, stock split, stock dividend, combination of
shares, merger, consolidation or other change in the Common Stock, the Board may
in its discretion make such changes as it deems appropriate in the number and
type of shares authorized by this Plan, the number and type of shares covered by
outstanding Options and the prices specified therein.

     15.  Taxes. The Company shall be entitled, if necessary or desirable, to
withhold (or secure payment from the Plan participant in lieu of withholding)
the amount of any withholding or other tax due from the Company or any
subsidiary with respect to any amount payable and/or shares issuable under this
Plan, and the Company or any subsidiary may defer such payment or issuance
unless indemnified to its satisfaction.

     16.  Termination and Amendment. The Board at any time may suspend or
terminate this Plan and make such additions or amendments as it deems advisable
under this Plan, except that they may not, without further approval by the
Company's stockholders, (a) increase the maximum number of shares as to which
Options may be granted under this Plan, except pursuant to an express provision
hereof, or (b) extend the term of this Plan; provided, that, subject to Section
10 hereof, the Board may not change any of the terms of a written agreement with
respect to an Option between the Company and the holder of such Option without
the approval of the holder of such Option. No Options shall be granted or shares
of Common Stock issued hereunder after October 30, 2013.

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     17.  Indemnification. In addition to such other rights of indemnification
as they may have as members of the Board, the members of the Board shall be
indemnified by the Company against all costs and expenses reasonably incurred by
them in connection with any action, suit or proceeding to which they or any of
them may be party by reason of any action taken or failure to act under or in
connection with this Plan or any Option granted thereunder, and against all
amounts paid by them in settlement thereof (provided such settlement is approved
by independent legal counsel selected by the Company) or paid by them in
satisfaction of a judgment in any such action, suit or proceeding; provided,
that any such Board member shall be entitled to the indemnification rights set
forth in this Section 17 only if such member has acted in good faith and in a
manner that such member reasonably believed to be in or not opposed to the best
interests of the Company and, with respect to any criminal action or proceeding,
had no reasonable cause to believe that such conduct was unlawful, and provided,
further, that upon the institution of any such action, suit or proceeding a
Board member shall give the Company written notice thereof and an opportunity,
at its own expense, to handle and defend the same before such Board member
undertakes to handle and defend it on his own behalf.

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                                                                   EXHIBIT 10.14

                                                                  EXECUTION COPY

                               ADVISORY AGREEMENT
                               ------------------

          This Advisory Agreement (this "Agreement") is made and entered into as
of October 30, 2003 by and between Keystone Automotive Operations, Inc., a
Pennsylvania corporation (the "Company"), and Bain Capital, LLC, a Delaware
limited liability company ("Bain").

          In consideration of the premises and the mutual covenants contained
herein, the parties agree as follows:

          1.   Term. This Agreement shall be in effect for a term commencing on
the date hereof and ending on December 31, 2013 (the "Term"), and shall be
automatically extended thereafter on a year to year basis unless the Company or
Bain provides written notice of its desire to terminate this Agreement to the
other party at least 90 days prior to the expiration of the Term or any
extension thereof, in which case this Agreement shall terminate on the last day
of such Term or extension thereof, subject to the payment in full of any
Advisory Services Fee (as defined below) earned but not otherwise paid as of the
date of termination.

          2.   Services. Bain shall perform or cause to be performed such
services for Keystone Automotive Holdings, Inc. (of which the Company is a
wholly owned subsidiary, "Holdings"), the Company and its subsidiaries as
mutually agreed by Bain and the Company's board of directors, which may include,
without limitation, the following:

          (a)  general executive and management services;

          (b)  identification, support, negotiation and analysis of acquisitions
and dispositions by the Company or its subsidiaries;

          (c)  support, negotiation and analysis of financing alternatives,
including, without limitation, in connection with acquisitions, capital
expenditures and refinancing of existing indebtedness;

          (d)  finance functions, including assistance in the preparation of
financial projections, and monitoring of compliance with financing agreements;

          (e)  marketing functions, including monitoring of marketing plans and
strategies;

          (f)  human resource functions, including searching and hiring of
executives; and

          (g)  other services for the Company and its subsidiaries upon which
the Company's board of directors and Bain agree.

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          3.   Advisory Services Fees and Expenses.

          (a)  Commencing from the date of this Agreement and continuing through
     the expiration of the Term, the Company shall, subject to Section 3(b)
     below, pay to Bain or its designees an advisory services fee (each an
     "Advisory Services Fee") in an amount equal to (i) $1,500,000 for the
     fiscal year ending, December 31, 2003, pro rated for the number of days
     from the date of this agreement through such fiscal year-end, (ii)
     $1,500,000 per fiscal year for the fiscal years ending December 31, 2004,
     December 31, 2005, and December 31, 2006, and (iii) subject to the terms of
     the Credit Agreement dated as of October 30, 2003 by and among the Company,
     Bank of America, N.A., as administrative agent, and the other parties and
     lenders named therein (as amended, restated or modified from time to time,
     the "Credit Agreement"), $3,000,000 per fiscal year, in the aggregate, for
     each fiscal year thereafter. In the event this Agreement is terminated
     prior to the Term due to a Change in Control or an initial public offering
     of Holdings' or the Company's equity securities registered under the
     Securities Act of 1933, as amended, the Company shall pay to Bain the
     present value of the Advisory Services Fee payable through the end of the
     Term, discounted at the Applicable Federal Rate for short-term obligations
     at such time.

          (b)  Notwithstanding Section 3(a) above, (A) Bain shall not be
     entitled to a payment of all or any portion of the Advisory Services Fee to
     the extent that the Company's Consolidated Adjusted EBITDA (as defined in
     the Credit Agreement as in effect on the date hereof) for the fiscal year
     to which the fee relates would be less than $52,680,000 (after reducing
     such Consolidated Adjusted EBITDA for such fiscal year by the payment of
     the Advisory Services Fee with respect to such fiscal year, e.g., if
     Consolidated Adjusted EBITDA for a fiscal year is $53,680,000, the Advisory
     Services Fee for such fiscal year would be $1,000,000), (B) if the Advisory
     Services Fee payable for fiscal year 2004 is reduced by application of
     clause (A) above, the pro-rated fee payable for fiscal year 2003 shall be
     reduced in the same proportion and (C) in the event that, with respect to
     the fiscal quarter beginning after the fiscal year ending December 31,
     2007, the cumulative aggregate Consolidated Adjusted EBITDA for the most
     recently completed 12-fiscal quarter period equals or exceeds $158,040,000
     (after reducing such cumulative aggregate Consolidated Adjusted EBITDA for
     such 12-fiscal quarter period by the amount of actual payments of the
     Advisory Services Fee with respect to such fiscal quarters), the limitation
     set forth in clause (A) above shall no longer be given effect. Fees payable
     under this Section 3 shall be paid by the Company as soon as practicable
     following the determination by the Company's board of directors that such a
     fee is payable; provided, that (x) for all fiscal periods during which the
     limitations set forth in clause (A) of this Section 3(b) is in effect, any
     Advisory Services Fee shall be paid in cash no later than immediately
     following the completion of the Company's audit of its consolidated annual
     financial statements with respect to any fiscal year and (y) for all fiscal
     periods during which the limitation set forth in clause (A) of this Section
     3(b) is not in effect, any Advisory Services Fee shall be paid in cash, on
     a quarterly basis, no later than immediately following the delivery of the
     Company's quarterly financial statements with respect to each successive
     fiscal quarter to the Company's board of

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     directors; and provided, further, that the fee payable for fiscal year 2003
     shall be paid at the time the fee for fiscal year 2004 is paid.

          (c)  The Company will reimburse Bain for such reasonable travel
     expenses and other reasonable out-of-pocket fees and expenses (including
     the fees and expenses of accountants, attorneys and other advisors retained
     by Bain) as may be incurred by Bain and its partners, members, employees or
     agents in connection with the rendering of services pursuant to this
     Agreement. Such expenses will be reimbursed by wire transfer of immediately
     available funds promptly upon the request of Bain (but in any case no later
     than five business days following such request) and will be in addition to
     any other fees or amounts payable to Bain pursuant to this Agreement.

          4.   Transaction Fees.

          (a)  The Company hereby agrees to pay to Bain or its designees, upon
     the closing of the merger (the "Merger") of Keystone Merger Sub, Inc. with
     and into the Company pursuant to the Agreement and Plan of Merger by and
     among the Company, Holdings, Keystone Merger Sub, Inc. and certain other
     parties thereto (as amended, restated or modified from time to time, the
     "Merger Agreement"), a fee for services rendered in connection with the
     structuring of the financing for the transactions contemplated by the
     Merger Agreement and certain other matters. Such fee shall be payable by
     wire transfer of immediately available funds in an amount equal to
     $4,700,000 to Bain or its designees. In addition, the Company will
     reimburse Bain or its designees, by wire transfer of immediately available
     funds upon the closing of the Merger, its reasonable travel expenses and
     other reasonable out-of-pocket fees and expenses (including the fees and
     expenses of accountants, attorneys and other advisors retained by Bain)
     incurred in connection with the foregoing.

          (b)  In addition, commencing from the date of this Agreement and
     continuing through the termination of the Agreement in accordance with
     Section 1 above, the Company will pay to Bain or its designee a transaction
     fee in connection with the consummation of each transaction resulting in a
     Change in Control (as defined below), acquisition, divestiture or financing
     (whether debt or equity financing) by or involving Holdings or its
     subsidiaries in an amount equal to 1.0% of the aggregate value of each such
     transaction (in each case, whether such transaction is by way of merger,
     purchase or sale of stock, purchase or sale or other disposition of assets,
     recapitalization, reorganization, consolidation, refinancing, tender offer,
     public or private offering or otherwise, and whether consummated directly
     by Holdings or its subsidiaries or indirectly by their respective
     stockholders). For purposes of this Agreement, "Change in Control" means
     (i) any sale or transfer by Holdings or its subsidiaries of all or
     substantially all of their assets on a consolidated basis, (ii) any
     consolidation, merger or reorganization of Holdings with or into any other
     entity or entities as a result of which the holders of Holdings'
     outstanding capital stock possessing the voting power (under ordinary
     circumstances) to elect a majority of the board of directors of Holdings
     immediately prior to such consolidation, merger or reorganization cease to
     own, directly or indirectly, the outstanding capital stock of the surviving
     corporation possessing the voting power (under

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     ordinary circumstances) to elect a majority of the surviving corporation's
     board of directors or (iii) issuance by Holdings or sale or transfer to any
     third party of shares of Holdings' capital stock by the holders thereof as
     a result of which the holders of Holdings' outstanding capital stock
     possessing the voting power (under ordinary circumstances) to elect a
     majority of the board of directors of Holdings immediately prior to such
     sale or transfer cease to own, directly or indirectly, the outstanding
     capital stock of Holdings possessing the voting power (under ordinary
     circumstances) to elect a majority of the board of directors of Holdings.

          5.   Personnel. Bain shall provide and devote to the performance of
this Agreement such partners, employees and agents of Bain as Bain shall deem
appropriate to the furnishing of the services required. The fees and other
compensation specified in this Agreement will be payable by the Company
regardless of the extent of services requested by the Company pursuant to this
Agreement, and regardless of whether or not the Company requests Bain to provide
any such services.

          6.   Liability. Neither Bain nor any of its affiliates, partners,
employees or agents shall be liable to Holdings or its subsidiaries or
affiliates (collectively, the "Company Group") for any loss, liability, damage
or expense arising out of or in connection with the performance of services
contemplated by this Agreement, unless such loss, liability, damage or expense
shall be proven to result directly from gross negligence or willful misconduct
on the part of Bain, its affiliates, partners, employees or agents acting within
the scope of their employment or authority. Bain makes no representations or
warranties, express or implied, in respect of the services to be provided by
Bain or any of its affiliates, partners, employees or agents. Except as Bain may
otherwise agree in writing after the date hereof: (i) Bain shall have the right
to, and shall have no duty (contractual or otherwise) not to, directly or
indirectly: (A) engage in the same or similar business activities or lines of
business as the Company Group and (B) do business with any client or customer of
any member of the Company Group; (ii) neither Bain nor any officer, director,
employee, partner, affiliate or associated entity thereof shall be liable to any
member of the Company Group for breach of any duty (contractual or otherwise) by
reason of any such activities or of such person's participation therein; and
(iii) in the event that Bain acquires knowledge of a potential transaction or
matter that may be a corporate opportunity for both the Company Group, on the
one hand, and Bain, on the other hand, or any other person, Bain shall have no
duty (contractual or otherwise) to communicate or present such corporate
opportunity to any member of the Company Group and, notwithstanding any
provision of this Agreement to the contrary, shall not be liable to any member
of the Company Group for breach of any duty (contractual or otherwise) by
reasons of the fact that Bain directly or indirectly pursues or acquires such
opportunity for itself, directs such opportunity to another person, or does not
present such opportunity to the Company Group. In no event will any of the
parties hereto be liable to any other party hereto for any indirect, special,
incidental or consequential damages, including lost profits or savings, whether
or not such damages are foreseeable, or in respect of any liabilities relating
to any third party claims (whether based in contract, tort or otherwise) except
as set forth in Section 7 below.

          7.   Indemnity. Holdings and its subsidiaries shall defend, indemnify
and hold harmless each of Bain, its affiliates, partners, employees and agents
from and against any and all

                                        4

<PAGE>

loss, liability, damage or expenses arising from any claim by any person with
respect to, or in any way related to, the performance of services contemplated
by this Agreement (including attorneys' fees) (collectively, "Claims") resulting
from any act or omission of Bain, its affiliates, partners, employees or agents,
other than for Claims which shall be proven to be the direct result of gross
negligence or willful misconduct by Bain, its affiliates, partners, employees or
agents. Holdings and its subsidiaries shall defend at its own cost and expense
any and all suits or actions (just or unjust) which may be brought against the
Company Group and Bain, its officers, directors, affiliates, partners, employees
or agents or in which Bain, its affiliates, partners, employees or agents may be
impleaded with others upon any Claims, or upon any matter, directly or
indirectly, related to or arising out of this Agreement or the performance
hereof by Bain, its affiliates, partners, employees or agents, except that if
such damage shall be proven to be the direct result of gross negligence or
willful misconduct by Bain, its affiliates, partners, employees or agents, then
Bain shall reimburse the Company Group for the costs of defense and other costs
incurred by the Company Group.

          8.   Notices. All notices hereunder shall be in writing and shall be
delivered personally or mailed by United States mail, postage prepaid, addressed
to the parties as follows:

          To the Company:
          --------------

          Keystone Automotive Operations, Inc.
          44 Tuckhannock Avenue
          Exeter, PA 18643
          Attn: President
          Facsimile No.:(570) 603-2701

          To Bain:
          -------

          Bain Capital, LLC
          745 Fifth Avenue
          New York, New York 10151
          Attention: Stephen M. Zide
          Facsimile No.:(212) 421-2225

          9.   Assignment. Neither party may assign any obligations hereunder to
any other party without the prior written consent of the other party (which
consent shall not be unreasonably withheld); provided, that Bain may, without
consent of the Company, assign its rights and obligations under this Agreement
to any of its affiliates. The assignor shall remain liable for the performance
of any assignee.

          10.  Successors. This Agreement and all the obligations and benefits
hereunder shall inure to the successors and assigns of the parties.

          11.  Counterparts. This Agreement may be executed and delivered by
each party hereto in separate counterparts, each of which when so executed and
delivered shall be

                                        5

<PAGE>

deemed an original and all of which taken together shall constitute but one and
the same agreement.

          12.  Entire Agreement; Modification; Governing Law. The terms and
conditions hereof constitute the entire agreement between the parties hereto
with respect to the subject matter of this Agreement and supersede all previous
communications, either oral or written, representations or warranties of any
kind whatsoever, except as expressly set forth herein. No modifications of this
Agreement nor waiver of the terms or conditions thereof shall be binding upon
either party unless approved in writing by an authorized representative of such
party. All issues concerning this Agreement shall be governed by and construed
in accordance with the laws of the State of New York, without giving effect to
any choice of law or conflict of law provision or rule (whether of the State of
New York or any other jurisdiction) that would cause the application of the law
of any jurisdiction other than the State of New York.

                                    * * * * *

                                        6

<PAGE>

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

                                        KEYSTONE AUTOMOTIVE OPERATIONS, INC.

                                        By: /s/ Robert S. Vor Broker
                                            ------------------------------------
                                        Its: President

                                        BAIN CAPITAL, LLC

                                        By: /s/ Stephen M. Zide
                                            ------------------------------------
                                        Its: Managing Director

                                        7

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