Copart updates indemnification agreements for directors and executive officers

COPART INC

Board approved updated form of Indemnification Agreement on May 23, 2023 for all directors and executive officers.
New agreement incorporates legal updates and current market indemnification practices, superseding previous agreements.
Company must indemnify and advance expenses to the fullest extent permitted under Delaware law.
Agreement covers actions arising from service as a director or officer, including proceedings initiated by the Company.

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