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2007 Incentive Plan Executive Management of Insurance Auto Auctions, Inc.

Effective Date: January 01, 2007
Parties:

Insurance Auto Auctions,

Sectors: Automotive and Transport Equipment
Exhibit 10.21

Insurance Auto Auctions, Inc.

2007 Incentive Plan Executive Management

Insurance Auto Auctions, Inc.

2007 Incentive Plan Executive Management

SECTION 1 OBJECTIVE

The purpose of this 2007 Incentive Plan Executive Management (the " Plan" ) is to motivate and reward key executives and management personnel responsible for the successful achievement of Insurance Auto Auctions, Inc. (the " Company" ) financial goals along with specific personal goals during the Plan year. Performance will be evaluated against pre-determined financial objectives so that each Participant will know what specific performance will be required to achieve an incentive award.

SECTION 2 EFFECTIVE DATE

This Plan is effective January 1, 2007. The Plan year shall coincide with the Company' s fiscal year. The Company reserves the right to revise or terminate the Plan at any time, with or without advance notice.

SECTION 3 PARTICIPATION Only personnel whose responsibilities and accomplishments can be directly identified with the achievement of major business goals are eligible to participate. The participants in the Plan (the " Participants" ) and their incentive opportunity at target shall be determined by the Company' s compensation committee of the Board of Directors (the " Compensation Committee" ). No employee shall have a right to be selected as a Participant in any year, or having been selected as a Participant for one year, to be a Participant in any other year. Participation does not constitute a guarantee of employment for the entire Plan year, or any specific time period.

SECTION 4 ELIGIBILITY

Key executives are eligible to participate in the Program provided the Chief Executive Officer approves them. The Company' s Chief Executive Officer shall approve individual Participants and their target incentive opportunity for the Plan year as well as any changes in Target Incentive Opportunities during the Plan year, as changes in assignments warrant. The Company' s Chief Executive Officer must approve additions to the Executive Incentive Plan after the start of the Plan year and prior to October 1, 2007. After October 1, 2007 additional Participants will not be added to the Plan until the beginning of the next Plan year. The amount of incentive award paid will be prorated based on the employee' s date of Plan entrance or employment. These same guidelines apply to employees who are promoted into an incentive plan position during the year.

Any actions taken by the Company' s Chief Executive Officer pursuant to this Section 4 shall be subject to the approval of the Compensation Committee.

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