Document:

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                                                                 Exhibit 10-E(2)

                              EMPLOYMENT AGREEMENT

                                     BETWEEN

                                DANA CORPORATION

                                       AND

                                MICHAEL J. BURNS

                             DATED FEBRUARY 3, 2004

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                  EMPLOYMENT AGREEMENT (the "Agreement") made and entered into
on the 3rd day of February, 2004, by and between Dana Corporation, a Virginia
corporation, whose principal place of business is located at 4500 Dorr Street,
Toledo, Ohio (the "Corporation"), and Michael J. Burns (the "Executive");

                  WHEREAS, the Corporation wishes to employ the Executive on the
terms and conditions set forth in this Agreement; and

                  WHEREAS, the Executive desires to be employed by the
Corporation under the terms and conditions set forth herein, and to forego
opportunities elsewhere during his period of employment; and

                  WHEREAS, the parties intend for this Agreement to operate
until terminated in accordance with the terms hereof as more fully set forth
herein.

                  NOW, THEREFORE, IN CONSIDERATION of the mutual promises,
covenants and agreements set forth below, it is hereby agreed as follows:

1.       Employment and Term.

                  The term of employment of the Executive by the Corporation
hereunder (the "Employment Period") shall commence on the Commencement Date and
shall continue until the occurrence of a Date of Termination (as defined in
Section 4 below). For purposes of this Agreement, the "Commencement Date" shall
mean March 1, 2004, or such earlier date as may be indicated in writing by the
Executive.

2.       Position and Duties of the Executive.

         (a)      Position. During the Employment Period, the Executive shall
serve as President and Chief Executive Officer of the Corporation, with such
duties and responsibilities as are customarily assigned to such positions, and
such other duties and responsibilities commensurate therewith as may from time
to time be assigned to him by the Board of Directors of the Corporation (the
"Board"). The Executive shall report solely to the Board. Effective as of the
Commencement Date, the Executive shall be appointed to the Board. Thereafter
during the Employment Period, the Corporation shall cause the Executive to be
included in the slate of persons nominated for election to the Board and shall
use its best efforts (including, without limitation, the solicitation of
proxies) to have the Executive elected and reelected to the Board for the
duration of the Employment Period. It is the intention of the Board that the
Executive shall be elected as Chairman of the Board ("Chairman") at such time
that the Board deems it appropriate to do so. At the Corporation's request, upon
termination of the Executive's employment with the Corporation for any reason,
the Executive shall (i) promptly resign from the Board and from all other
positions the Executive then holds as an officer or member of the board of
directors of any of the Corporation's subsidiaries or affiliates and (ii)
execute any and all documentation reflecting such resignations.

                  During the Employment Period the Executive shall, without
compensation other than that herein provided, also serve and continue to serve,
if and when elected and

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re-elected, as an officer or director, or both, of any Subsidiary, division or
Affiliate of the Corporation.

                  For all purposes of this Agreement, (1) a "Subsidiary" shall
mean a corporation or other entity, of which 50% or more of the voting
securities or other equity interests is owned directly, or indirectly through
one or more intermediaries, by the Corporation, and (2) an "Affiliate" shall
mean a corporation or other entity which is not a Subsidiary and which directly,
or indirectly, through one or more intermediaries, controls, or is controlled
by, or is under common control with, the Corporation. For the purpose of this
definition, the terms "control," "controls" and "controlled" mean the
possession, direct or indirect, of the power to direct or cause the direction of
the management and policies of a corporation or other entity, whether through
the ownership of voting securities, by contract, or otherwise.

         (b)      Scope of Duties. Throughout the Employment Period the
Executive shall devote his full time and undivided attention during normal
business hours to the business and affairs of the Corporation except for
reasonable vacations and except for illness or incapacity, but nothing in this
Agreement shall preclude the Executive from devoting reasonable periods required
for the following activities, provided that such activities do not materially
interfere with the regular performance of his duties and responsibilities under
this Agreement or violate in any way Sections 8 or 9 of this Agreement:

                  (i)      serving as a director or member of a committee of any
                        organization involving no conflict of interest with
                        the interests of the Corporation;

                  (ii)     delivering lectures, fulfilling speaking engagements,
                        teaching at educational institutions;

                  (iii)    engaging in charitable and community activities; and

                  (iv)     managing his personal investments.

3.       Compensation and Benefits.

         (a)      Salary. During the Employment Period, the Executive shall be
paid base salary at an annual rate not less than $950,000, which shall be
increased to a rate not less than $1,000,000 as of the date the Executive is
elected Chairman. The rate of base salary described above shall be subject to
such increases as shall be awarded from time to time in accordance with the
Corporation's regular administrative practices of other salary increases
applicable to executives of the Corporation or other upward adjustments as the
Board (or the Compensation Committee thereof (the "Compensation Committee"))
deems to be necessary or desirable. The Executive's annual base salary as in
effect from time to time in accordance with this Section 3(a) shall hereinafter
be referred to as the "Annual Base Salary". The Annual Base Salary shall be
payable in regular installments, no less frequently than monthly. Annual Base
Salary shall not be reduced after any increase thereof pursuant to this Section
3(a). Any increase in Annual Base Salary shall not serve to limit or reduce any
other obligation of the Corporation under this Agreement.

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         (b)      Additional Compensation. During the Employment Period, the
Executive shall be eligible to receive annual short-term incentive awards or
bonuses (such award or bonus is hereinafter referred to as an "Annual Bonus")
pursuant to the Dana Corporation Additional Compensation Plan, and from any
successor or replacement plan (the Dana Corporation Additional Compensation Plan
and such successor or replacement plans being referred to herein collectively as
the "ACP"), in accordance with the terms thereof. During the Employment Period,
the Executive shall be eligible to earn a target Annual Bonus of 100% of Annual
Base Salary and a maximum Annual Bonus of 200% of Annual Base Salary. Each
Annual Bonus shall be determined on the same basis as other "A Group" executives
of the Corporation and shall be paid no later than the end of the third month of
the fiscal year next following the fiscal year for which the Annual Bonus is
awarded, unless the receipt of such Annual Bonus is deferred in accordance with
the terms of the ACP. Notwithstanding the foregoing, if Executive remains
employed through December 31, 2004, the Executive shall be entitled to a
guaranteed minimum bonus for calendar year 2004 equal to 100% of his Annual Base
Salary for such year. For purposes of this Section 3(b), the Executive's Annual
Base Salary for calendar year 2004 shall be annualized (i.e., not pro rated).

         (c)      Retirement Benefits. Subject to the provisions hereof, the
Corporation shall provide the Executive with a supplemental retirement benefit
as described below (the "Supplemental Retirement Benefit"). The Supplemental
Retirement Benefit shall be equal to the vested portion of the balance of a
notional cash balance account (the "Notional Account") that shall be established
by the Corporation on behalf of the Executive as of the Commencement Date as if
the Executive were a participant in the Dana Corporation CashPlus Plan (the
"Cash Balance Plan"), subject to the terms and conditions described herein.
Effective as of the Commencement Date, the Notional Account shall be credited
with an initial amount of $5,900,000, and thereafter during the Employment
Period shall be credited with annual service-based credits (the "Annual
Credits") and interest credits (the "Interest Credits"). Except as otherwise
provided herein, the Annual Credits and Interests Credits shall be calculated in
the manner prescribed under the Cash Balance Plan (but without regard to any
legally imposed limits on compensation or benefits under Section 401(a)(17) or
Section 415 of the Internal Revenue Code of 1986, as amended). For purposes of
calculating the Annual Credits, but not for the purpose of determining the
amount of any other benefit under this Agreement, the Executive will be deemed
to have completed 30 years of service with the Corporation as of the
Commencement Date. The Notional Account, including Annual Credits and Interest
Credits, shall become fully vested on the fifth anniversary of the Commencement
Date (the "Vesting Date") if such date occurs during the Employment Period;
provided, however, that if, prior to the Vesting Date, the Executive's
employment with the Corporation terminates by reason of his death or Disability
(as defined in Section 4(a)(ii) hereof) or if the Executive's employment is
terminated by the Corporation without Cause or if the Executive terminates
employment for Good Reason, the portion of the Notional Account that shall be
vested shall be equal to the sum of (1) 75% plus (2) 5/12 of 1% multiplied by
the number of full months elapsed from the Commencement Date to the Date of
Termination. The Supplemental Retirement Benefit otherwise payable hereunder
shall be offset by the amount of any vested account balance the Executive may
have under the Dana Corporation SavingsWorks Plan, other than the portion
thereof

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attributable to the Executive's elective deferrals (e.g., 401(k) contributions).
The Supplemental Retirement Benefit shall be paid in a single lump sum payment
as soon as practicable following the Date of Termination. The Supplemental
Retirement Benefit shall not provide the Executive with any legal or equitable
rights, interest or claims in any property, equity or assets of the Corporation.
The obligation to pay the Supplemental Retirement Benefit to the Executive shall
be merely that of an unfunded and unsecured promise of the Corporation to pay
money to the Executive in the future and shall be subject to the claims of the
Corporation's creditors.

         (d)      Other Benefits. Except as provided herein, the Executive shall
be eligible to participate in all employee benefit programs and perquisites
provided by the Corporation from time to time for the benefit of its senior
executives generally, including, without limitation, its Income Protection Plan
for Management and Certain Other Employees providing layoff and severance
benefits, its death benefit plans (consisting of its Group Insurance Plan for
Management Employees providing life insurance, accidental death and
dismemberment insurance, and travel accident insurance), its disability benefit
plans (consisting of its salary continuation, sickness and accident and
long-term disability benefits programs), its medical, dental and health and
welfare plans and other present or equivalent successor plans and practices of
the Corporation, its Subsidiaries and divisions, for active employees, for which
senior executive officers, their dependents and beneficiaries, are eligible, and
shall be entitled to all payments or other benefits under any such plan or
practice subsequent to the Employment Period as a result of participation in
such plan or practice during the Employment Period. In addition, during the
first three years of the Employment Period, the Executive shall be entitled to
be reimbursed by the Corporation for expenses incurred for continued tax
preparation services by the Executive's current provider in an amount not to
exceed $10,000 per year. The Executive acknowledges that he shall not be
eligible to participate in any tax-qualified defined benefit pension plan (and
associated excess benefits plan) currently maintained by the Corporation, which
have been closed to new participants.

         (e)      2004 Equity Grants.

                  (i)        Initial Option Grant. As of the Commencement Date,
                           the Compensation Committee shall grant to the
                           Executive, pursuant to the Dana Corporation Amended
                           and Restated Stock Incentive Plan (as amended from
                           time to time, the "Stock Incentive Plan"), a
                           non-qualified stock option (the "Initial Option") to
                           purchase 150,000 shares of common stock of the
                           Corporation, par value $1 per share ("Corporation
                           Stock"). The Initial Option shall have a per share
                           exercise price equal to the "fair market value" (as
                           such term is defined in the Stock Incentive Plan) on
                           the Commencement Date, shall vest and become fully
                           exercisable with respect to 25% of the shares subject
                           thereto on each of the first four (4) anniversaries
                           of the Commencement Date, so long as the Executive
                           remains employed by the Company on such date, and
                           shall otherwise be subject to the terms and
                           conditions set forth in the Stock Incentive Plan and
                           in Exhibit A attached hereto.

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                  (ii)       Initial Long Term Performance Stock Award. As of
                           the Commencement Date, the Compensation Committee
                           shall award to the Executive an aggregate of 36,865
                           performance shares (the "Performance Shares")
                           pursuant to the Stock Incentive Plan. A minimum of
                           zero percent (0%) and a maximum of two hundred
                           percent (200%) of the Performance Shares may be
                           earned by the Executive based on the Corporation's
                           satisfaction of certain performance criteria over the
                           2004-2006 performance period. The terms and
                           conditions applicable to the award of Performance
                           Shares are as set forth in Exhibit B attached hereto.

                  (iii)      Initial Restricted Stock Unit Grant. As of the
                           Commencement Date, the Compensation Committee shall
                           award to the Executive an aggregate of 24,577
                           restricted stock units (the "RSUs") pursuant to the
                           Stock Incentive Plan. The terms and conditions
                           applicable to the award of RSUs are as set forth in
                           Exhibit C attached hereto.

         (f)      Replacement Compensation.

                  (i)        To the extent that (A) the prior employer of
                           the Executive (the "Prior Employer") fails to pay to
                           the Executive any portion of Executive's compensation
                           earned by him as of December 31, 2003 in respect of
                           (1) his annual bonus for 2003 or (2) long-term
                           incentive awards earned by him in respect of cycles
                           ending December 31, 2003, or (B) the Executive
                           forfeits any "option gains" in respect of stock
                           options of the Prior Employer which were vested as of
                           December 31, 2003, the Corporation agrees to pay to
                           the Executive, in cash and/or in unrestricted shares
                           of Corporation Stock, an aggregate amount necessary
                           to replace such forfeited or unpaid compensation.
                           Subject to the provisions of the succeeding sentence,
                           the amount payable by the Corporation pursuant to the
                           preceding sentence shall be paid to the Executive
                           promptly after the Executive has provided the
                           Corporation with reasonable evidence satisfactory to
                           the Compensation Committee to the effect that such
                           compensation was forfeited or otherwise not paid by
                           the Prior Employer, including the amount thereof. If
                           the Executive receives payment from the Prior
                           Employer in respect of any of the foregoing after the
                           date the Corporation has made a payment to him
                           hereunder, then the Executive shall notify the
                           Corporation and promptly remit to the Corporation all
                           amounts so received from the Prior Employer.

                  (ii)       The Compensation Committee shall make the following
                           grants to the Executive to replace the value of other
                           compensation being forfeited by the Executive by
                           reason of terminating his employment with the Prior
                           Employer:

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                           (1)      As of the Commencement Date, the Executive
                                    shall be awarded 38,558 restricted stock
                                    units (the "Additional RSUs") pursuant to
                                    the Stock Incentive Plan and subject to the
                                    individual limits for grants of this nature
                                    set forth in the Stock Incentive Plan. The
                                    terms and conditions applicable to the award
                                    of Additional RSUs are as set forth in
                                    Exhibit D attached hereto.

                           (2)      As of the Commencement Date, but subject to
                                    the approval by the stockholders of the
                                    Corporation at the 2004 Annual Meeting of an
                                    amendment to the Stock Incentive Plan
                                    raising the overall annual limitation on the
                                    number of shares of Corporation Stock
                                    underlying awards which can be granted to
                                    any individual thereunder (the "Plan
                                    Amendment"), the Executive shall be granted
                                    an additional 102,552 RSUs (the "Contingent
                                    RSUs"). The Contingent RSUs shall be subject
                                    to the same terms and conditions as those
                                    set forth in Section 3(f)(ii)(1) above with
                                    respect to the Additional RSUs. If for any
                                    reason the Plan Amendment is not approved by
                                    the Corporation's stockholders, the
                                    Compensation Committee shall make an
                                    economically equivalent replacement award on
                                    identical terms, except that settlement of
                                    such replacement award shall be in cash
                                    rather than in Corporation Stock.

                           (3)      As of the Commencement Date, the Executive
                                    shall be granted a non-qualified stock
                                    option (the "Replacement Option") in respect
                                    of 360,000 shares of Corporation Stock
                                    pursuant to the Stock Incentive Plan. The
                                    Replacement Option shall have a per share
                                    exercise price equal to the "fair market
                                    value" (as such term is defined in the Stock
                                    Incentive Plan) on the Commencement Date,
                                    shall vest and become fully exercisable with
                                    respect to 25% of the shares subject thereto
                                    on each of the first four (4) anniversaries
                                    of the Commencement Date, so long as the
                                    Executive remains employed by the
                                    Corporation on such date, and shall
                                    otherwise be subject to the terms and
                                    conditions set forth in the Stock Incentive
                                    Plan and Exhibit E attached hereto.

         (g)      2005 Long-Term Incentive Awards. At the time in 2005 that the
Compensation Committee customarily makes long-term incentive awards under the
Corporation's incentive plans to the senior executives of the Corporation, the
Compensation Committee shall grant long-term incentive awards to the Executive
which, in the aggregate, have a grant date present value equal to 400% of the
Executive's Annual Base Salary. Fifty percent (50%) of the value of such awards
shall be made in the form of stock options, thirty percent (30%) of the value of
such awards shall be made in the form of long-term performance shares and twenty
percent (20%) of the value of such

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awards shall be made in the form of restricted stock units, as determined by the
methodologies employed by the Compensation Committee.

         (h)      Expenses/Relocation. During the Employment Period, the
Executive shall be entitled to receive prompt reimbursement for all reasonable
expenses incurred by the Executive in accordance with the polices, practices and
procedures of the Corporation and its Subsidiaries and Affiliates from time to
time in effect, commensurate with his position and on a basis at least
comparable to that of other senior executives of the Corporation. The
Corporation shall reimburse Executive for expenses incurred in connection with
his relocation from Zurich, Switzerland to Toledo, Ohio in accordance with the
Corporation's relocation policy as currently in effect.

         (i)      Office and Support Staff. During the Employment Period, the
Executive shall be entitled to an office or offices of a size and with
furnishings and other appointments, and to personal secretarial and other
assistance, commensurate with his position and at least comparable to those
received by other senior executives of the Corporation.

         (j)      Vacation and Other Absences. During the Employment Period, the
Executive shall be entitled to paid vacation and such other paid absences
whether for holidays, illness, personal time or any similar purposes, in
accordance with the plans, policies, programs and practices of the Corporation
and its Subsidiaries and Affiliates in effect from time to time, commensurate
with his position and at least comparable to those received by other senior
executives of the Corporation.

         (k)      Change of Control Agreement. On the date hereof, the Executive
and the Corporation shall enter into a change of control agreement substantially
in the form annexed hereto (the "Change of Control Agreement").

4.       Termination of Employment.

         (a)      Death or Disability.

                  (i)        The Executive's employment shall terminate
                           automatically upon the Executive's death during the
                           Employment Period.

                  (ii)       If the Corporation determines in good faith that
                           the Disability (as defined below) of the Executive
                           has occurred during the Employment Period, it may
                           give to the Executive written notice in accordance
                           with Section 18(b) below of its intention to
                           terminate the Executive's employment. In such event,
                           the Employment Period shall terminate effective on
                           the 30th day after receipt of such notice by the
                           Executive (the "Disability Effective Date"),
                           provided, that within the 30 days after such receipt,
                           the Executive shall not have returned to full-time
                           performance of the Executive's duties. For purposes
                           of this Agreement, "Disability" shall mean the
                           absence of the Executive from the Executive's duties
                           with the Corporation on a full-time basis for 180
                           consecutive business days

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                           as a result of incapacity due to mental or physical
                           illness which is determined to be total and permanent
                           by a physician selected by the Corporation or its
                           insurers and acceptable to the Executive or the
                           Executive's legal representative (such agreement as
                           to acceptability not to be withheld unreasonably).

         (b)      Cause. The Corporation may terminate the Executive's
employment during the Employment Period for Cause or without Cause. For purposes
of this Agreement, the termination of the Executive's employment shall be deemed
to have been for "Cause" only

                  (i)        if termination of his employment shall have been
                           the result of his conviction of, or plea of guilty or
                           nolo contendere to, the charge of having committed a
                           felony (whether or not such conviction is later
                           reversed for any reason), or

                  (ii)       if there has been a breach by the Executive during
                           the Employment Period of the provisions of Section
                           2(b), relating to the time to be devoted to the
                           affairs of the Corporation, or of Sections 8 or 9,
                           relating to confidential information and competition,
                           and such breach results in demonstrably material
                           injury to the Corporation;

provided, that a termination of the Executive's employment hereunder for Cause
shall not be effective unless and until there shall have been delivered to the
Executive a certified copy of a resolution of the Board adopted by the
affirmative vote of not less than three-fourths of the entire membership of the
Board (excluding the Executive) at a meeting of the Board called and held for
that purpose and with respect to which the Executive was given prior notice and
an opportunity, together with counsel, to be heard, finding that the Executive
was guilty of conduct set forth in subparagraph (i) or (ii) above, specifying
the particulars thereof in detail, and, in the case of subparagraph (ii) above,
in the case of an alleged breach of the provisions of Section 2(b), the
Executive shall have either failed to remedy such alleged breach within thirty
days from his receipt of written notice from the Secretary of the Corporation
pursuant to such resolution duly adopted by the Board demanding that he remedy
such alleged breach, or shall have failed to take all reasonable steps to that
end during such thirty-day period.

                  Anything in this Section 4(b) or elsewhere in this Agreement
to the contrary notwithstanding, the employment of the Executive shall in no
event be considered to have been terminated by the Corporation for Cause if
termination of his employment took place

                           (1)      as the result of bad judgment or negligence
                                    on the part of the Executive, or

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                           (2)      because of an act or omission believed by
                                    the Executive in good faith to have been in
                                    or not opposed to the interests of the
                                    Corporation, or

                           (3)      for any act or omission in respect of which
                                    a determination could properly be made that
                                    the Executive met the applicable standard of
                                    conduct prescribed for indemnification or
                                    reimbursement or payment of expenses under
                                    (A) the Bylaws of the Corporation, or (B)
                                    the laws of the State of Virginia, or (C)
                                    the directors' and officers' liability
                                    insurance of the Corporation, in each case
                                    either as in effect at the time of this
                                    Agreement or in effect at the time of such
                                    act or omission, or

                           (4)      as the result of an act or omission which
                                    occurred more than twelve calendar months
                                    prior to the Executive's having been given
                                    notice of the termination of his employment
                                    for such act or omission unless the
                                    commission of such act or such omission
                                    could not at the time of such commission or
                                    omission have been known to a member of the
                                    Board (other than the Executive, if he is
                                    then a member of the Board), in which case
                                    more than twelve calendar months from the
                                    date that the commission of such act or such
                                    omission was or could reasonably have been
                                    so known, or

                           (5)      as the result of a continuing course of
                                    action which commenced and was or could
                                    reasonably have been known to a member of
                                    the Board (other than the Executive, if he
                                    is then a member of the Board) more than
                                    twelve calendar months prior to notice
                                    having been given to the Executive of the
                                    termination of his employment.

         (c)      Good Reason. During the Employment Period, the Executive may
                  terminate his employment for Good Reason. For purposes of this
                  Agreement, "Good Reason" shall mean (i) the assignment to the
                  Executive of duties which are materially inconsistent with his
                  status as the Corporation's Chief Executive Officer or a
                  material adverse change in the nature or status of the
                  Executive's responsibilities or (ii) a material breach by the
                  Corporation of the provisions of this Agreement, in either
                  case which is not remedied within 30 days after receipt by the
                  Corporation of written Notice of Termination from the
                  Executive; provided, that (1) the Executive shall have
                  provided a written Notice of Termination to the Corporation,
                  attention of the Secretary, given within 90 days following the
                  occurrence of the event giving rise to the assertion of Good
                  Reason and (2) such written Notice of Termination provides for
                  a Date of Termination not less than 30 days nor more than 60
                  days after receipt by the Corporation of

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         such Notice of Termination, unless the Corporation shall agree to an
         earlier Date of Termination.

         An election by the Executive to terminate his employment given under
this Section 4(c) shall not be deemed a voluntary termination of employment by
the Executive for the purpose of this Agreement or any plan or practice of the
Corporation.

         (d)      Notice of Termination. Any termination of the Executive's
employment by the Corporation or by the Executive hereunder (other than
termination by reason of the Executive's death) shall be communicated by Notice
of Termination to the other party hereto given in accordance with Section 18(b)
below. For purposes of this Agreement, a "Notice of Termination" means a written
notice which

                  (i)        indicates the specific termination provision in
                           this Agreement relied upon,

                  (ii)       to the extent applicable, sets forth in reasonable
                           detail the facts and circumstances claimed to provide
                           a basis for termination of the Executive's employment
                           under the provision so indicated and

                  (iii)      specifies the Date of Termination (as defined in
                           Section 4 (e) below).

         (e)      Date of Termination. "Date of Termination" means

                  (i)        if the Executive's employment is terminated by the
                           Corporation for Cause, the date of the Notice of
                           Termination (or any later date specified therein, as
                           the case may be),

                  (ii)       if the Executive's employment is terminated by the
                           Executive other than for Good Reason, the date
                           specified in the Notice of Termination, which shall
                           not be less than thirty (30) days following the date
                           of such Notice of Termination,

                  (iii)      if the Executive's employment is terminated by the
                           Executive for Good Reason, the date specified in the
                           Notice of Termination made in accordance with Section
                           4(c) above,

                  (iv)       if the Executive's employment is terminated by the
                           Corporation other than for Cause or Disability, the
                           Date of Termination shall be the later of the date of
                           the Notice of Termination or any later date specified
                           therein, as the case may be, and

                  (v)        if the Executive's employment is terminated by
                           reason of death or Disability, the Date of
                           Termination shall be (A) the close of business on the
                           last day of the month in which occurs the date of
                           death of the Executive or (B) the Disability
                           Effective Date, as the case may be.

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5.       Obligations of the Corporation Upon Termination.

         (a)      Termination by the Corporation Other Than for Cause, Death or
Disability. If, during the Employment Period, the Corporation shall terminate
the Executive's employment other than for Cause, death or Disability or the
Executive shall terminate his employment for Good Reason (termination in any
such case referred to as "Termination"), subject to and conditioned upon the
execution by the Executive of, and his not subsequently revoking, a release
substantially in the form attached hereto as Exhibit F:

                  (i)        the Corporation shall pay the Executive in a lump
                           sum in cash within 30 days after the Date of
                           Termination the sum of:

                           (1)      the Executive's Annual Base Salary through
                                    the Date of Termination to the extent not
                                    theretofore paid,

                           (2)      a pro rata Annual Bonus for the fiscal year
                                    in which occurs the Date of Termination,
                                    such pro rata Annual Bonus to be equal to
                                    the product of (x) the Executive's target
                                    Annual Bonus in effect under the ACP as of
                                    the Date of Termination and (y) a fraction,
                                    the numerator of which is the number of days
                                    in the current fiscal year through the Date
                                    of Termination, and the denominator of which
                                    is 365, and

                           (3)      any compensation previously deferred by the
                                    Executive (together with any accrued
                                    interest or earnings thereon), his
                                    Supplemental Retirement Benefit as
                                    determined under Section 3(c) and any
                                    accrued vacation pay, in each case to the
                                    extent not theretofore paid (the sum of the
                                    amounts described in clauses (1), (2) and
                                    (3) shall be hereinafter referred to as the
                                    "Accrued Obligations"); and

                  (ii)       the Corporation shall pay to the Executive on a
                           monthly basis an amount equal to the Executive's
                           Severance Compensation (defined below), payment of
                           such Severance Compensation to commence on the last
                           day of the month immediately following the month in
                           which occurs the Date of Termination and to be paid
                           on the last day of each month thereafter until the
                           earlier to occur of (x) the last day of the month in
                           which occurs the second anniversary of the Date of
                           Termination or (y) the last day of the month in which
                           the Executive attains the age of 65 (such period to
                           be called the "Termination Period"); provided,
                           however, that such payments shall be reduced (but not
                           below zero) to reflect any other amounts payable to
                           the Executive in respect of salary or bonus
                           continuation to be received by the Executive under
                           any severance plan, policy or arrangement of the
                           Corporation. For purposes of this Agreement, the term
                           "Severance Compensation" shall mean the

                                       11

<PAGE>

                           sum of (1) one-twelfth (1/12) of the Annual Base
                           Salary provided in Section 3(a) at the rate being
                           paid at the time the Executive's termination of
                           employment occurred, and (2) one-twelfth (1/12) of
                           the Executive's target Annual Bonus in effect under
                           the ACP for the fiscal year in which the Date of
                           Termination occurs; and

                  (iii)      During the Termination Period, or such longer
                           period as any plan, program, practice or policy may
                           provide, the Corporation shall continue benefits to
                           the Executive and/or the Executive's dependents and
                           beneficiaries at least equal to those which would
                           have been provided to them in accordance with the
                           plans, programs, practices and policies of the
                           Corporation providing medical, dental, disability and
                           life insurance coverage if the Executive's employment
                           had not been terminated in accordance with the most
                           favorable plans, practices, programs or policies of
                           the Corporation and its Subsidiaries and Affiliates
                           as in effect and applicable generally to other senior
                           executives of the Corporation and its Subsidiaries
                           and Affiliates and their families during the 90-day
                           period immediately preceding the Date of Termination
                           or, if more favorable to the Executive, as in effect
                           at any time thereafter or, if more favorable to the
                           Executive, as in effect generally at any time
                           thereafter with respect to other senior executives of
                           the Corporation and its Subsidiaries and Affiliates
                           and their dependents and beneficiaries, provided,
                           however, that if the Executive becomes reemployed
                           with another employer and is eligible to receive
                           medical or other welfare benefits under another
                           employer-provided plan, the medical and other welfare
                           benefits described herein shall be secondary to the
                           respective similar benefits provided under such other
                           plan during such applicable period of eligibility.
                           For purposes of determining eligibility of the
                           Executive for retiree benefits pursuant to such
                           plans, practices, programs and policies, the
                           Executive shall be considered to have remained
                           employed until the end of the Termination Period and
                           to have retired on the date of the end of the
                           Termination Period. To the extent that any benefits
                           referred to in this Section 5(a)(iii) shall not be
                           payable or provided under any such plan by reason of
                           the Executive's no longer being an employee of the
                           Corporation as the result of Termination, the
                           Corporation shall itself pay, or provide for payment
                           of, such benefits and the service credit for benefits
                           provided for in Section 5(a)(iv) below, to the
                           Executive, his dependents and beneficiaries.

                  (iv)       All of the Executive's outstanding equity awards,
                           including, without limitation, the awards described
                           herein in Exhibits A-E hereof shall be treated in
                           accordance with the agreements evidencing such awards
                           and shall remain subject to the terms and conditions
                           contained therein.

                                       12

<PAGE>

         (b)      Cause; Voluntary Termination by the Executive. If the
Executive's employment shall be terminated for Cause during the Employment
Period or if the Executive voluntarily terminates his employment during the
Employment Period other than for Good Reason, the Corporation shall have no
further obligations to the Executive under this Agreement other than the
obligation to pay through the Date of Termination the Executive's Annual Base
Salary, any compensation previously deferred by the Executive (together with any
accrued interest or earnings thereon), his Supplemental Retirement Benefit as
determined under Section 3(c) and accrued but unused vacation pay, in each case
to the extent not theretofore paid, and any other amounts or benefits to which
the Executive and/or the Executive's family is otherwise entitled under the
terms of any employee benefit or incentive plan of the Corporation.

         (c)      Death or Disability.

         (i)        In the event of the death of the Executive during the
                  Employment Period, the legal representative or designated
                  beneficiary of the Executive shall be entitled to the
                  compensation provided for in Sections 3(a) and 3(b) above
                  through the end of the month in which death shall have taken
                  place, at the rate being paid at the time of death, and at the
                  times that such amounts would have been paid or earned by the
                  Executive had the Executive lived, and the Employment Period
                  shall be deemed to have ended as of the close of business on
                  the last day of the month in which death shall have occurred
                  but without prejudice to any payments due in respect of the
                  Executive's death.

         (ii)       In the event of the Disability of the Executive during the
                  Employment Period, the Executive shall be entitled to the
                  compensation provided for in Sections 3(a) and 3(b) above, at
                  the rate being paid on the Disability Effective Date, and at
                  the times that such amounts would have been paid or earned by
                  the Executive had the Executive remained employed by the
                  Corporation, for the period of such Disability but not in
                  excess of six months. The amount of any payments due under
                  this Section 5(c)(ii) shall be reduced by any payments to
                  which the Executive may be entitled for the same period
                  because of disability under any disability or pension plan of
                  the Corporation or of any Subsidiary or Affiliate thereof.

         (iii)      In the event of the Executive's death or Disability as set
                  forth in Sections 5(c)(i) or 5(c)(ii) above, the Executive
                  (or, in the event of his death, his legal representative or
                  designated beneficiary) shall be entitled to receive any
                  compensation previously deferred by the Executive (together
                  with any accrued interest or earnings thereon), his
                  Supplemental Retirement Benefit as determined under Section
                  3(c) and accrued but unused vacation pay, in each case to the
                  extent not theretofore paid, and any other amounts or benefits
                  to

                                       13

<PAGE>

                  which the Executive and/or the Executive's family is otherwise
                  entitled under the terms of any employee benefit or incentive
                  plan of the Corporation.

         (d)      Resolution of Disputes/Right of Election by Executive to
Arbitrate or Sue. In the event that the Executive's employment shall be
terminated by the Corporation during the Employment Period and such termination
is alleged to be with Cause, or the Corporation shall withhold payments or
provision of benefits for any other reason, the Executive shall have the right,
in addition to all other rights and remedies provided by law, at his election
either to seek arbitration within the Toledo, Ohio area under the rules of the
American Arbitration Association by serving a notice to arbitrate upon the
Corporation or to institute a judicial proceeding, in either case within ninety
days after having received Notice of Termination of his employment or notice in
any form that the termination of his employment under Section 4(b) above is
subject to question or under consideration or that the Corporation is
withholding or proposes to withhold payments or provision of benefits.

6.       Non-exclusivity of Rights.

                  Except as provided in Sections 5(a), 5(b) and 5(c) above,
nothing in this Agreement shall prevent or limit the Executive's continuing or
future participation in any plan, program, policy or practice provided by the
Corporation or any of its Subsidiaries and Affiliates and for which the
Executive may qualify, nor shall anything herein limit or otherwise affect such
rights as the Executive may have under any contract or agreement entered into
after the date hereof with the Corporation or any of its Subsidiaries and
Affiliates. Amounts which are vested benefits or which the Executive is
otherwise entitled to receive under any plan, policy, practice or program of, or
any contract or agreement entered into after the date hereof with, the
Corporation or any of its Subsidiaries and Affiliates at or subsequent to the
Date of Termination shall be payable in accordance with such plan, policy,
practice or program or contract or agreement except as explicitly modified by
this Agreement.

7.       Full Settlement.

                  The Corporation's obligation to make the payments provided for
in this Agreement and otherwise to perform its obligations hereunder shall not
be affected by any set-off, counterclaim, recoupment, defense or other claim,
right or action which the Corporation may have against the Executive or others.
In no event shall the Executive be obligated to seek other employment or take
any other action by way of mitigation of the amounts payable to the Executive
under any of the provisions of this Agreement and, except as provided in Section
5(a)(iii) above, such amounts shall not be reduced whether or not the Executive
obtains other employment.

8.       Confidential Information.

         (a)      The Executive agrees not to disclose, either while in the
                  Corporation's employ or at any time thereafter, to any person
                  not employed by the

                                       14

<PAGE>

                  Corporation, or not engaged to render services to the
                  Corporation, except with the prior written consent of an
                  officer authorized to act in the matter by the Board, any
                  confidential information of the Corporation, its Subsidiaries
                  and Affiliates obtained by him while in the employ of the
                  Corporation, including, without limitation, information
                  relating to any of the Corporation's inventions, processes,
                  formulae, plans, devices, compilations of information, methods
                  of distribution, customers, client relationships, marketing
                  strategies or trade secrets; provided, however, that this
                  provision shall not preclude the Executive from use or
                  disclosure of information known generally to the public or of
                  information not considered confidential by persons engaged in
                  the business conducted by the Corporation or from disclosure
                  required by law or court order. The agreement herein made in
                  this Section 8(a) shall be in addition to, and not in
                  limitation or derogation of, any obligations otherwise imposed
                  by law upon the Executive in respect of confidential
                  information and trade secrets of the Corporation, its
                  Subsidiaries and Affiliates.

         (b)      The Executive also agrees that upon leaving the Corporation's
                  employ he will not take with him, without the prior written
                  consent of an officer authorized to act in the matter by the
                  Board, and he will surrender to the Corporation any record,
                  list, drawing, blueprint, specification or other document or
                  property of the Corporation, its Subsidiaries and Affiliates,
                  together with any copy and reproduction thereof, mechanical or
                  otherwise, which is of a confidential nature relating to the
                  Corporation, its Subsidiaries and Affiliates, or, without
                  limitation, relating to its or their methods of distribution,
                  client relationships, marketing strategies or any description
                  of any formulae or secret processes, or which was obtained by
                  him or entrusted to him during the course of his employment
                  with the Corporation.

9.       Competition.

         (a)      The Executive agrees that he will not engage in Competition at
                  any time (i) during the Employment Period or (ii) during the
                  twenty-four (24) month period immediately following the
                  termination of the Executive's employment hereunder for any
                  reason. In addition, during the twenty-four (24) month period
                  immediately following the termination of the Executive's
                  employment hereunder for any reason, the Executive agrees that
                  he will not make or publish any statement which is, or may
                  reasonably be considered to be, disparaging of the Corporation
                  or any of its Subsidiaries or Affiliates, or directors,
                  officers, employees or the operations or products of the
                  Corporation or any of its Subsidiaries or Affiliates.

         (b)      The word "Competition" for the purposes of this Agreement
                  shall mean

                                       15

<PAGE>

                  (i)        taking a management position with or control of a
                           business engaged in the design, development,
                           manufacture, marketing or distribution of products,
                           which constituted 15% or more of the sales of the
                           Corporation and its Subsidiaries and Affiliates
                           during the last fiscal year of the Corporation
                           preceding the termination of the Executive's
                           employment, in any geographical area in which the
                           Corporation, its Subsidiaries or Affiliates is at the
                           time engaging in the design, development,
                           manufacture, marketing or distribution of such
                           products; provided, however, that in no event shall
                           ownership of less than 5% of the outstanding capital
                           stock entitled to vote for the election of directors
                           of a corporation with a class of equity securities
                           held of record by more than 500 persons, standing
                           alone, be deemed Competition with the Corporation
                           within the meaning of this Section 9, or

                  (ii)       soliciting any person who is a customer of the
                           businesses conducted by the Corporation and its
                           Subsidiaries and Affiliates, or any business in which
                           the Executive has been engaged on behalf of the
                           Corporation and its Subsidiaries or Affiliates at any
                           time during the Employment Period on behalf of a
                           business described in clause (i) of this Section
                           9(b), or

                  (iii)      inducing or attempting to persuade any employee of
                           the Corporation or any of its Subsidiaries or
                           Affiliates to terminate his employment relationship
                           in order to enter into employment with a business
                           described in clause (i) of this Section 9(b).

         (c)      If, at any time, the provisions of this Section 9 shall be
                  determined to be invalid or unenforceable, by reason of being
                  vague or unreasonable as to area, duration or scope, the
                  provisions of this Section 9 shall be divisible and shall
                  become immediately amended to cover only such area, duration
                  or scope as shall be determined to be reasonable and
                  enforceable by the court or other body having jurisdiction
                  over the matter; and the Executive agrees that Section 9 as so
                  amended shall be valid and binding as though any invalid or
                  unenforceable provision had not been included herein.

10.      Legal Fees.

         (a)      The Corporation shall pay directly or reimburse the Executive
                  for reasonable legal fees and expenses incurred in connection
                  with the negotiation and preparation of this Agreement;
                  provided, however, that such payment or reimbursement
                  obligation shall not exceed $25,000 in the aggregate.

         (b)      The Corporation shall pay the Executive for all legal fees and
                  expenses incurred by him in seeking to obtain or enforce any
                  right or benefit to which the Executive is entitled under this
                  Agreement, provided that the

                                       16

<PAGE>

                  Executive substantially prevails with respect to the matter in
                  dispute in any dispute resolution proceeding connected
                  therewith. Such payments shall be made following the
                  conclusion of such dispute resolution proceeding, within five
                  (5) business days of the Corporation's receipt of a written
                  request for payment accompanied by such evidence of fees and
                  expenses incurred as the Corporation may reasonably require.

11.      Public Announcement.

                  The Corporation and the Executive agree to fully cooperate
with respect to the timing and content of any public announcement regarding the
hiring of the Executive or the execution of this Agreement.

12.      New Hire Procedures.

                  The Executive shall cooperate with the Corporation in
complying with the Corporation's standard new hire policies and procedures.

13.      No Violations.

                  As a material inducement to the Corporation's willingness to
enter into this Agreement, the Executive represents to the Corporation that
neither the execution of this Agreement by the Executive, the employment of the
Executive by the Corporation nor the performance by the Executive of his duties
hereunder will constitute a violation by the Executive of any employment,
non-competition or other agreement to which the Executive is a party. The
Executive agrees to indemnify and hold harmless the Corporation from any loss,
claim, damage, cost or expense of any kind (including reasonable attorney's
fees) to which the Corporation may be subject by virtue of a breach by the
Executive of the foregoing representation.

14.      Indemnification; Director's And Officer's Insurance.

                  Pursuant to the Corporation's policies as in effect from time
to time and to the fullest extent permitted by law and the Corporation's
certificate of incorporation and by-laws, the Corporation shall indemnify the
Executive for all amounts (including, without limitation, judgments, fines,
settlement payments, losses, damages, costs and expenses (including reasonable
attorneys' fees)) incurred or paid by the Executive in connection with any
action, proceeding, suit or investigation (the "Proceeding") arising out of or
relating to the performance by the Executive of services for, or acting as a
fiduciary of any employee benefit plans, programs or arrangements of the
Corporation or as a director, officer or employee of, the Corporation or any
Subsidiary or Affiliate thereof. The Corporation also agrees to maintain a
director's and officers' liability insurance policy covering the Executive to
the extent the Corporation provides such coverage for its other senior executive
officers. Following the termination of the Executive's employment hereunder, the
Corporation shall continue to indemnify and maintain such insurance for the
benefit of the Executive with respect to such services performed during the
Employment Period.

                                       17

<PAGE>

15.      Stock Ownership Guidelines.

                  The Executive agrees to comply with the Corporation's stock
ownership guidelines applicable to the Corporation's senior executive officers,
as the same may be in effect from time to time.

16.      Successors.

                  Except as otherwise provided herein,

         (a)      This Agreement shall be binding upon and shall inure to the
                  benefit of the Executive, his heirs and legal representatives,
                  and the Corporation and its successors as provided in this
                  Section 16.

         (b)      This Agreement shall be binding upon and inure to the benefit
                  of the Corporation and any successor of the Corporation,
                  including, without limitation, any corporation or corporations
                  acquiring, directly or indirectly, 50% or more of the
                  outstanding securities of the Corporation, or all or
                  substantially all of the assets of the Corporation, whether by
                  merger, consolidation, sale or otherwise (and such successor
                  shall thereafter be deemed embraced within the term "the
                  Corporation" for the purposes of this Agreement), but shall
                  not otherwise be assignable by the Corporation.

17.      Amendment or Modification; Waiver.

                  No provision of this Agreement may be amended, modified or
waived unless such amendment, modification or waiver shall be authorized by the
Board or any authorized committee of the Board and shall be agreed to in
writing, signed by the Executive and by an officer of the Corporation thereunto
duly authorized. Except as otherwise specifically provided in this Agreement, no
waiver by either party hereto of any breach by the other party hereto of any
condition or provision of this Agreement to be performed by such other party
shall be deemed a waiver of a subsequent breach of such condition or provision
or a waiver of a similar or dissimilar provision or condition at the same time
or at any prior or subsequent time.

18.      Miscellaneous.

         (a)      This Agreement shall be governed by and construed in
                  accordance with the laws of the State of Ohio, without
                  reference to principles of conflict of laws. The captions of
                  this Agreement are not part of the provisions hereof and shall
                  have no force or effect.

         (b)      All notices and other communications hereunder shall be in
                  writing and shall be given by hand delivery to the other party
                  or by registered or certified mail, return receipt requested,
                  postage prepaid, addressed as follows:

If to the Executive:

                                       18

<PAGE>

Mr. Michael J. Burns
10200 Blue Heron Point,
West Palm Beach, FL 33412

If to the Corporation:

Dana Corporation
4500 Dorr Street
Toledo, Ohio 43615
Attention: Secretary

or to such other address as either party shall have furnished to the other in
writing in accordance herewith. Notice and communications shall be effective
when actually received by the addressee.

         (c)      The invalidity or unenforceability of any provision of this
                  Agreement shall not affect the validity or enforceability of
                  any other provision of this Agreement.

         (d)      The Corporation may withhold from any amounts payable under
                  this Agreement such Federal, state or local taxes as it
                  determines is required to be withheld pursuant to any
                  applicable law or regulation.

         (e)      When used herein in connection with plans, programs and
                  policies relating to the Executive, employees, compensation,
                  benefits, perquisites, executive benefits, services and
                  similar words and phrases, the word "Corporation" shall be
                  deemed to include all wholly-owned Subsidiaries of the
                  Corporation.

         (f)      This instrument (including Exhibits hereto) contains the
                  entire agreement of the parties concerning the subject matter,
                  and all promises, representations, understandings,
                  arrangements and prior agreements concerning the subject
                  matter are merged herein and superseded hereby; provided,
                  however, that this Agreement shall not affect or supersede the
                  Change of Control Agreement, which shall operate in accordance
                  with its terms concurrently with this Agreement and shall
                  supersede this Agreement upon the occurrence of a Change of
                  Control as defined in the Change of Control Agreement.

         (g)      No right, benefit or interest hereunder, shall be subject to
                  anticipation, alienation, sale, assignment, encumbrance,
                  charge, pledge, hypothecation, or set-off in respect of any
                  claim, debt or obligation, or to execution, attachment, levy
                  or similar process, or assignment by operation of law. Any
                  attempt, voluntary or involuntary, to effect any action
                  specified in the immediately preceding sentence shall, to the
                  full extent permitted by law, be null, void and of no effect.

                                       19

<PAGE>

         (h)      The Executive shall not have any right, title, or interest
                  whatsoever in or to any investments which the Corporation may
                  make to aid it in meeting its obligations under this
                  Agreement.

         (i)      All payments to be made under this Agreement shall be paid
                  from the general funds of the Corporation and no special or
                  separate fund shall be established and no segregation of
                  assets shall be made to assure payment of amounts payable
                  under this Agreement.

         (j)      The Corporation and the Executive recognize that each party
                  will have no adequate remedy at law for breach by the other of
                  any of the agreements contained in this Agreement and, in the
                  event of any such breach, the Corporation and the Executive
                  hereby agree and consent that the other shall be entitled to a
                  decree of specific performance, mandamus or other appropriate
                  remedy to enforce performance of such agreements.

         (k)      Nothing contained in this Agreement shall create or be
                  construed to create a trust of any kind, or a fiduciary
                  relationship between the Corporation and the Executive or any
                  other person.

         (l)      To the extent that any person acquires a right to receive
                  payments from the Corporation under this Agreement, except to
                  the extent provided by law such right shall be no greater than
                  the right of an unsecured general creditor of the Corporation.

         (m)      To the extent necessary to effectuate the terms of this
                  Agreement, the terms of this Agreement which must survive the
                  termination of the Executive's employment or the termination
                  of this Agreement shall so survive.

         (n)      In the event of the Executive's death or a judicial
                  determination of his incompetence, reference in this Agreement
                  to the Executive shall be deemed, where appropriate, to refer
                  to his legal representative or, where appropriate, to his
                  beneficiary.

         (o)      If any event provided for in this Agreement is scheduled to
                  take place on a legal holiday, such event shall take place on
                  the next succeeding day that is not a legal holiday.

                                       20

<PAGE>

                  IN WITNESS WHEREOF, the Executive and, pursuant to due
authorization from its Board of Directors, the Corporation have caused this
Agreement to be executed as of the day and year first above written.

                                                     DANA CORPORATION

                                                     By  /s/ G. H. Hiner
                                                         -----------------------
                                                         Chairman

                                                     /s/ M. J. Burns
                                                     ------------------
                                                     Michael J. Burns

                                       21
<PAGE>

                                    EXHIBIT A

<PAGE>

                                DANA CORPORATION
                    AMENDED AND RESTATED STOCK INCENTIVE PLAN

                             This is to certify that

                                     [NAME]

               (the "Optionee") is hereby granted a non-qualified
                   option (the "Option") to purchase [number]
                                shares of Stock.

            This grant is set forth in accordance with the terms and
          conditions of the Dana Corporation Amended and Restated Stock
                          Incentive Plan (the "Plan").

 GRANT DATE: The Commencement Date, as defined in the Employment Agreement
                                (defined herein)

 VESTING SCHEDULE: 25% per year on each of the first four anniversaries of the
                                Commencement Date

                    EXERCISE PRICE PER SHARE: [insert price]

                ADDITIONAL TERMS: See the following pages of this certificate

                                Dana Corporation

                     By: __________________________________
                                    Chairman

THIS IS NOT A STOCK CERTIFICATE. THIS CERTIFICATE IS SUBJECT TO, GOVERNED BY,
     AND INCORPORATES BY REFERENCE ALL OF THE TERMS AND CONDITIONS OF THE PLAN.
     IF A CONFLICT OCCURS BETWEEN THIS CERTIFICATE AND THE PLAN DOCUMENT, OR IF
     ANY POINT IS NOT REFLECTED HEREIN, THE TERMS OF THE PLAN DOCUMENT SHALL
     GOVERN. PLEASE REFER TO THE OFFICIAL PLAN DOCUMENT FOR AN EXPLANATION OF
     THE TERMS AND CONDITIONS OF THIS GRANT AND A FULL DESCRIPTION OF YOUR
     RIGHTS AND OBLIGATIONS. THIS CERTIFICATE, INCLUDING THE TERMS AND
     CONDITIONS DESCRIBED ON THE FOLLOWING PAGES, CONSTITUTES YOUR AWARD
     AGREEMENT AS REQUIRED BY THE PLAN.

                                       A-2

<PAGE>

ADDITIONAL TERMS:

1.   In the event that the employment of the Optionee with the Corporation or a
     subsidiary is terminated for any reason, any portion of the Option that has
     not vested as of the date of termination shall be forfeited and shall
     immediately terminate; provided, however, that the vesting of the Option
     subject to this grant shall accelerate upon the occurrence of the following
     events: (i) termination of the Optionee's employment on account of the
     death of the Optionee; (ii) termination of the Optionee's employment on
     account of Disability, as defined in the Employment Agreement between the
     Optionee and the Corporation, as the same may be amended from time to time
     (the "Employment Agreement"); (iii) termination of the Optionee's
     employment with the Corporation due to his retirement after attaining the
     age of 55 and 15 years of service with the Corporation; and (iv) upon the
     occurrence of a Change in Control of the Corporation, as defined in the
     Plan.

2.   To the extent that the Optionee holds vested Options at the time of his
     termination from employment by operation of Section 1, above, such Options
     shall remain exercisable until the earlier to occur of the expiration of
     the ten-year Option term or the expiration of the applicable period (or, if
     applicable, until the date) set forth below: (i) in the case of the
     Optionee's death or Disability, one year following the date of death or the
     Disability Effective Date (as defined in the Employment Agreement), as the
     case may be; (ii) in the case of the Optionee's retirement after attaining
     age 55 and 15 years of service with the Corporation, five years following
     the date of termination; (iii) in the case of termination of the Optionee's
     employment at the initiative of the Corporation (and not on the Optionee's
     initiative) without Cause (as defined in the Employment Agreement) or in
     the case of Optionee's termination of employment for Good Reason (as
     defined in the Employment Agreement), 90 days following the Date of
     Termination (as defined in the Employment Agreement); and (iv) in the case
     of any other termination of employment, the Date of Termination (as defined
     in the Employment Agreement).

3.   The Optionee shall pay to the Corporation, at the times that he realizes
     taxable income in respect of the grant, an amount equal to the taxes the
     Corporation determines it is required to withhold. In lieu of such payment,
     in whole or in part, the Corporation may withhold from any shares of Stock
     it would otherwise deliver to the Optionee all or part of the number of
     such shares the Fair Market Value of which is equal to the amount of taxes
     required to be withheld.

4.   The validity and construction of this award agreement shall be governed by
     the laws of the State of Ohio.

                                       A-3

<PAGE>

                                    EXHIBIT B

<PAGE>

                                DANA CORPORATION
                    AMENDED AND RESTATED STOCK INCENTIVE PLAN

                             This is to certify that

                                     [NAME]

 (the "Grantee") is hereby granted [number] shares of Performance Stock (the
                              "Performance Shares")

     This grant is set forth in accordance with the terms and conditions of
       the Dana Corporation Amended and Restated Stock Incentive Plan (the
                                    "Plan").

    GRANT DATE: The Commencement Date, as defined in the Employment Agreement
                                (defined herein)

 VESTING SCHEDULE: The Performance Shares shall vest and become earned only at
the end of the 2004-2006 performance period (the "Performance Period") in
accordance with the vesting terms set forth herein, except as otherwise provided
                    in the Additional Terms annexed hereto.

          ADDITIONAL TERMS: See the following pages of this certificate

                                Dana Corporation

                     By: __________________________________
                                    Chairman

THIS IS NOT A STOCK CERTIFICATE. THIS CERTIFICATE IS SUBJECT TO, GOVERNED BY,
     AND INCORPORATES BY REFERENCE ALL OF THE TERMS AND CONDITIONS OF THE PLAN.
     IF A CONFLICT OCCURS BETWEEN THIS CERTIFICATE AND THE PLAN DOCUMENT, OR IF
     ANY POINT IS NOT REFLECTED HEREIN, THE TERMS OF THE PLAN DOCUMENT SHALL
     GOVERN. PLEASE REFER TO THE OFFICIAL PLAN DOCUMENT FOR AN EXPLANATION OF
     THE TERMS AND CONDITIONS OF THIS GRANT AND A FULL DESCRIPTION OF YOUR
     RIGHTS AND OBLIGATIONS. THIS CERTIFICATE, INCLUDING THE TERMS AND
     CONDITIONS DESCRIBED ON THE FOLLOWING PAGES, CONSTITUTES YOUR AWARD
     AGREEMENT AS REQUIRED BY THE PLAN.

                                       B-2

<PAGE>

ADDITIONAL TERMS:

1.   The Grantee may not sell, assign, transfer, donate, pledge or otherwise
     dispose of the Performance Shares.

2.   the Corporation shall establish a Performance Share account on its books,
     in the name of the Grantee, and shall credit to such account the number of
     Performance Shares granted to Grantee pursuant to this award agreement. In
     the event that any Performance Shares are earned pursuant to the provisions
     of Paragraph 3, the Grantee will be entitled to receive, as soon as
     practicable following the end of the Performance Period (except as provided
     in Paragraph 4 below), the number of shares of Stock equal to the sum of
     (i) 50% of the number of Performance Shares credited to the Grantee's
     account, multiplied by a percentage (minimum 0% and maximum 200%) based
     upon the extent to which the Corporation achieves the [ ] Goal (defined
     below) and (ii) 50% of the number of Performance Shares credited to the
     Grantee's account, multiplied by a percentage based upon the extent to
     which the Corporation achieves the [ ] Goal (defined below). Unless
     otherwise determined by the Committee, all distributions made to the
     Grantee hereunder in respect of the Performance Shares shall be made in the
     form of Stock.

3.   For purposes of this award agreement, the term "[ ] Goal" shall mean the
     cumulative compound growth in [ ]of the Corporation over the Performance
     Period and the term "[ ] Goal" shall mean the Corporation's three-year
     average [ ] measured against the Corporation's peers. The particular level
     of performance necessary to achieve threshold, target and maximum
     performance in respect of the [ ] Goal and the [ ] Goal shall be determined
     by the Committee, in its discretion, and shall be applied to the Grantee on
     the same basis as is applied to other recipients of performance share
     awards in respect of the Performance Period. Straight line interpolation
     shall be employed to reflect performance results that fall between the
     respective threshold, target and maximum performance levels.

4.   In the event that the employment of the Grantee with the Corporation or a
     subsidiary is terminated for any reason prior to the end of the Performance
     Period, the Performance Shares credited to the Grantee's account shall be
     forfeited to the Corporation immediately upon such termination, and the
     Grantee shall cease to have any rights with respect to, or any interest in,
     the forfeited Performance Shares effective as of the date of termination,
     except as follows:

     (a)  Termination of the Grantee's employment on account of death: Provided
          that the Grantee has been employed with the Corporation for not less
          that one year following the Commencement Date (as defined in Grantee's
          employment agreement with the Corporation (the "Employment
          Agreement")), the Grantee's beneficiary or estate shall become
          entitled to receive, as soon as practicable following the date of
          death, a distribution with respect to a pro rata portion of the
          Performance Shares credited to Grantee's account measured at the
          target level of performance. For this purpose, the pro rata portion
          shall be based on a fraction, the numerator of which is the number of
          full months in the Performance Period which have elapsed from the
          beginning of the Performance Period until the date of death, and the
          denominator of which is 36.

                                       B-3
<PAGE>

     (b)  Termination of the Grantee's employment on account of Disability (as
          defined in the Employment Agreement): Provided that the Grantee has
          been employed with the Corporation for not less that one year
          following the Commencement Date, the Grantee shall become entitled to
          receive, as soon as practicable following the end of the Performance
          Period, a distribution with respect to a pro rata portion of the
          Performance Shares credited to his account based on actual performance
          measured at the end of the Performance Period. For this purpose, the
          pro rata portion shall be based upon a fraction, the numerator of
          which is the number of full months in the Performance Period which
          have elapsed from the beginning of the Performance Period until the
          Disability Effective Date (as defined in the Employment Agreement),
          and the denominator of which is 36.

     (c)  Termination of the Grantee's employment on the initiative of the
          Corporation (and not at the Grantee's initiative) without Cause (as
          defined in the Employment Agreement) or termination of the Grantee's
          employment on the initiative of the Grantee for Good Reason (as
          defined in the Employment Agreement): Provided that the Grantee has
          been employed with the Corporation for not less that one year
          following the Commencement Date, the Grantee shall become entitled to
          receive, as soon as practicable following the end of the Performance
          Period, a distribution with respect to a pro rata portion of the
          Performance Shares credited to his account based on actual performance
          measured at the end of the Performance Period in accordance with
          Section 3. For this purpose, the pro rata portion shall be based upon
          a fraction, the numerator of which is the number of full months in the
          Performance Period which have elapsed from the beginning of the
          Performance Period until the Date of Termination (as defined in the
          Employment Agreement), and the denominator of which is 36.

     (d)  Upon a Change in Control of the Corporation (as defined in the Plan)
          which occurs during the Employment Period (as defined in the
          Employment Agreement), Grantee shall be entitled to receive, as soon
          as practicable thereafter, a distribution with respect to a pro rata
          portion of the Performance Shares then credited to his account based
          on the higher of the target level of performance as determined by the
          Committee or the actual level of performance as of the date of the
          Change in Control (assuming such level of performance continued to the
          end of the Performance Period). For this purpose, the pro rata portion
          shall be based upon a fraction, the numerator of which is the number
          of full months in the Performance Period which have elapsed from the
          beginning of the Performance Period until the date of the Change in
          Control, and the denominator of which is 36.

5.   the Corporation shall withhold all applicable taxes required by law to be
     withheld upon the payment in respect of any or all of the Performance
     Shares. The Grantee may satisfy the withholding obligation by paying the
     amount of any taxes in cash or, with the approval of the Committee, shares
     of Stock may be deducted from the payment to satisfy the obligation in full
     or in part. The amount of the withholding and the number of shares to be
     deducted shall be determined by the Committee with reference to the Fair
     Market Value of the Stock when the withholding is required to be made.

                                       B-4

<PAGE>

6.   The validity and construction of this award agreement shall be governed by
     the laws of the State of Ohio.

                                       B-5

<PAGE>

                                    EXHIBIT C

<PAGE>

                                DANA CORPORATION
                    AMENDED AND RESTATED STOCK INCENTIVE PLAN

                             This is to certify that

                                     [NAME]

     (the "Grantee") is hereby granted [number] restricted stock units (the
  "RSUs"), each of which shall at all times be deemed to have a value equal to
                          the then-current fair market
                           value of a share of Stock.

     This grant is set forth in accordance with the terms and conditions of
       the Dana Corporation Amended and Restated Stock Incentive Plan (the
                                    "Plan").

 GRANT DATE: The Commencement Date, as defined in the Employment Agreement
                                (defined herein)

 VESTING SCHEDULE: The restricted stock units shall fully vest on the fifth
anniversary of the Commencement Date, so long as the Grantee remains employed by
Dana Corporation on such date, and shall also become fully vested upon the
                 occurrence of certain events described herein.

                ADDITIONAL TERMS: See the following pages of this certificate

                                Dana Corporation

                     By: __________________________________
                                    Chairman

THIS IS NOT A STOCK CERTIFICATE. THIS CERTIFICATE IS SUBJECT TO, GOVERNED BY,
     AND INCORPORATES BY REFERENCE ALL OF THE TERMS AND CONDITIONS OF THE PLAN.
     IF A CONFLICT OCCURS BETWEEN THIS CERTIFICATE AND THE PLAN DOCUMENT, OR IF
     ANY POINT IS NOT REFLECTED HEREIN, THE TERMS OF THE PLAN DOCUMENT SHALL
     GOVERN. PLEASE REFER TO THE OFFICIAL PLAN DOCUMENT FOR AN EXPLANATION OF
     THE TERMS AND CONDITIONS OF THIS GRANT AND A FULL DESCRIPTION OF YOUR
     RIGHTS AND OBLIGATIONS. THIS CERTIFICATE, INCLUDING THE TERMS AND
     CONDITIONS DESCRIBED ON THE FOLLOWING PAGES, CONSTITUTES YOUR AWARD
     AGREEMENT AS REQUIRED BY THE PLAN.

                                       C-2

<PAGE>

ADDITIONAL TERMS:

1.   The Grantee may not sell, assign, transfer, donate, pledge or otherwise
     dispose of RSUs.

2.   the Corporation shall establish an RSU account on its books, in the name of
     the Grantee, and shall credit to such account the number of RSUs granted to
     Grantee pursuant to this award agreement. If a dividend is paid on the
     Stock while the RSUs are outstanding, the Grantee shall automatically be
     credited with a number of additional RSUs equal to the number of shares of
     Stock that could have been purchased on the dividend payment date with an
     amount of cash equal to the product of (i) the per share amount of such
     dividend and (ii) the number of RSUs held by the Grantee on the record date
     for such dividend. The number of additional RSUs credited under this
     Paragraph 2 shall become vested in accordance with the same vesting
     schedule applicable to the RSUs originally granted to the Grantee.

3.   Subject to Paragraph 6, below, upon the vesting of the RSUs originally
     granted to the Grantee (including any additional RSUs credited pursuant to
     Paragraph 2 above), the Grantee will be entitled to receive, as soon as
     practicable thereafter, a distribution of a number of shares of Stock that
     is equal in number to the aggregate number of vested RSUs then credited to
     the Grantee's account.

4.   (a) In the event that the employment of the Grantee with the Corporation or
     a subsidiary is terminated for any reason prior to the vesting date
     applicable to the RSUs, all RSUs then credited to the Grantee's account
     shall be forfeited to the Corporation immediately upon such termination,
     and the Grantee shall cease to have any rights with respect to, or any
     interest in, the forfeited RSUs effective as of the date of termination
     and, without limitation, shall cease to be entitled to receive any future
     dividends or other distributions upon such shares with record dates
     occurring after the effective date of such termination, except as follows:

          (i)    Termination of the Grantee's employment on account of death:
               Provided that the Grantee has been employed with the Corporation
               for not less than one year following the Commencement Date (as
               defined in Grantee's employment agreement with the Corporation
               (the "Employment Agreement")), the Grantee's beneficiary or
               estate shall become vested as of the date of death with respect
               to a pro rata portion of the RSUs then credited to his account.
               For this purpose, the pro rata portion shall be based on a
               fraction, the numerator of which is the number of full months
               which have elapsed from the Commencement Date until the date of
               death, and the denominator of which is 60.

          (ii)   Termination of the Grantee's employment on account of
               Disability (as defined in the Employment Agreement): Provided
               that the Grantee has been employed with the Corporation for not
               less than one year following the Commencement Date, the Grantee
               shall become vested as of the

                                       C-3

<PAGE>

               Disability Effective Date (as defined in the Employment
               Agreement) with respect to a pro rata portion of the RSUs then
               credited to his account. For this purpose, the pro rata portion
               shall be based on a fraction, the numerator of which is the
               number of full months which have elapsed from the Commencement
               Date until the Disability Effective Date (as defined in the
               Employment Agreement), and the denominator of which is 60.

          (iii)  Termination of the Grantee's employment at the initiative of
               the Corporation (and not at the Grantee's initiative) without
               Cause (as defined in the Employment Agreement) or termination of
               the Grantee's employment on the initiative of the Grantee for
               Good Reason (as defined in the Employment Agreement): Provided
               that the Grantee has been employed with the Corporation for not
               less than one year following the Commencement Date, the Grantee
               shall become vested as of the Date of Termination (as defined in
               the Employment Agreement) with respect to a pro rata portion of
               the RSUs credited to his account. For this purpose, the pro rata
               portion shall be based on a fraction, the numerator of which is
               the number of full months which have elapsed from the
               Commencement Date until the Date of Termination (as defined in
               the Employment Agreement), and the denominator of which is 60.

     (b)  Upon a Change in Control of the Corporation (as defined in the Plan)
          which occurs during the Employment Period (as defined in the
          Employment Agreement), the Grantee shall become vested with respect to
          a pro rata portion of the RSUs credited to his account. For this
          purpose, the pro rata portion shall be based on a fraction, the
          numerator of which is the number of full months which have elapsed
          from the Commencement Date until the date of the occurrence of the
          Change in Control, and the denominator of which is 60.

5.   The Corporation shall withhold all applicable taxes required by law to be
     withheld from all amounts paid in respect of any or all of the RSUs. The
     Grantee may satisfy the withholding obligation by paying the amount of any
     taxes in cash or, with the approval of the Committee, shares of Stock may
     be deducted from the payment to satisfy the obligation in full or in part.
     The amount of the withholding and the number of shares to be deducted shall
     be determined by the Committee with reference to the Fair Market Value of
     the Stock when the withholding is required to be made.

6.   Notwithstanding anything to the contrary contained herein, the receipt of
     the Stock that Grantee would otherwise have been entitled to receive upon
     the vesting of the RSUs shall automatically be deferred pursuant to such
     rules as may be promulgated by the Committee.

7.   The validity and construction of this award agreement shall be governed by
     the laws of the State of Ohio.

                                       C-4
<PAGE>

                                    EXHIBIT D

<PAGE>

                                DANA CORPORATION
                    AMENDED AND RESTATED STOCK INCENTIVE PLAN

                             This is to certify that

                                     [NAME]

(the "Grantee") is hereby granted [number] restricted stock units (the "RSUs"),
each of which shall at all times be deemed to have a value equal to the
                then-current fair market value of a share Stock.

     This grant is set forth in accordance with the terms and conditions of
       the Dana Corporation Amended and Restated Stock Incentive Plan
                                  (the "Plan").

    GRANT DATE: The Commencement Date, as defined in the Employment Agreement
                                (defined herein)

VESTING SCHEDULE: The restricted stock units shall vest in one-third increments
on each of the first three anniversaries of the Commencement Date, so long as
the Grantee remains employed by the Corporation on the applicable date, and
shall become fully vested upon the occurrence of certain events described
                                    herein.

          ADDITIONAL TERMS: See the following pages of this certificate

                                Dana Corporation

                     By: __________________________________
                                    Chairman

THIS IS NOT A STOCK CERTIFICATE. THIS CERTIFICATE IS SUBJECT TO, GOVERNED BY,
     AND INCORPORATES BY REFERENCE ALL OF THE TERMS AND CONDITIONS OF THE PLAN.
     IF A CONFLICT OCCURS BETWEEN THIS CERTIFICATE AND THE PLAN DOCUMENT, OR IF
     ANY POINT IS NOT REFLECTED HEREIN, THE TERMS OF THE PLAN DOCUMENT SHALL
     GOVERN. PLEASE REFER TO THE OFFICIAL PLAN DOCUMENT FOR AN EXPLANATION OF
     THE TERMS AND CONDITIONS OF THIS GRANT AND A FULL DESCRIPTION OF YOUR
     RIGHTS AND OBLIGATIONS. THIS CERTIFICATE, INCLUDING THE TERMS AND
     CONDITIONS DESCRIBED ON THE FOLLOWING PAGES, CONSTITUTES YOUR AWARD
     AGREEMENT AS REQUIRED BY THE PLAN.

                                       D-2

<PAGE>

ADDITIONAL TERMS:

1.   The Grantee may not sell, assign, transfer, donate, pledge or otherwise
     dispose of RSUs.

2.   The Corporation shall establish an RSU account on its books, in the name of
     the Grantee, and shall credit to such account the number of RSUs granted to
     Grantee pursuant to this award agreement. If a dividend is paid on the
     Stock while the RSUs are outstanding, the Grantee shall automatically be
     credited with a number of additional RSUs equal to the number of shares of
     Stock that could have been purchased on the dividend payment date with an
     amount of cash equal to the product of (i) the per share amount of such
     dividend and (ii) the number of RSUs held by the Grantee on the record date
     for such dividend. The number of additional RSUs credited under this
     Paragraph 2 shall become vested in accordance with the same vesting
     schedule applicable to the underlying RSUs with respect to which such
     additional RSUs are credited.

3.   Subject to Paragraph 6 below, upon the vesting of any of the RSUs granted
     to the Grantee (including any additional RSUs credited pursuant to
     Paragraph 2 above), the Grantee will be entitled to receive, as soon as
     practicable thereafter, the number of shares of Stock equal to the
     aggregate number of RSUs that become vested at that time.

4.   In the event that the employment of the Grantee with the Corporation or a
     subsidiary is terminated for any reason prior to the vesting date
     applicable to any RSUs, all non-vested RSUs then credited in respect of the
     Grantee shall be forfeited to Dana Corporation immediately upon such
     termination, and the Grantee shall cease to have any rights with respect
     to, or any interest in, the forfeited RSUs effective as of the date of
     termination and, without limitation, shall cease to be entitled to receive
     any future dividends or other distributions upon such shares with record
     dates occurring after the effective date of such termination; provided,
     however, that the RSUs shall become fully vested upon the occurrence of the
     following events: (i) termination of the Grantee's employment on account of
     death; (ii) termination of the Grantee's employment on account of
     Disability, as defined in the employment agreement between the Grantee and
     the Corporation, as the same may be amended from time to time (the
     "Employment Agreement"); (iii) termination of the Grantee's employment at
     the initiative of the Corporation (and not on the Grantee's initiative)
     other than for Cause, as defined in the Employment Agreement; and (iv)
     termination of the Grantee's employment at the initiative of the Grantee
     for Good Reason (as defined in the Employment Agreement); and provided
     further, however, that the Grantee shall become vested in a pro rata
     portion of the RSUs upon the occurrence of a Change in Control of the
     Corporation (as defined in the Plan) which occurs during the Employment
     Period (as defined in the Employment Agreement), such pro rata portion to
     be determined based on a fraction, the numerator of which is the number of
     full months that have elapsed from the Commencement Date until the date of
     such Change in Control, and the denominator of which is 36; or shall vest
     on a basis that is no less favorable than the Change in Control vesting
     provisions in effect for RSU grants made to other senior officers of the
     Corporation.

5.   The Corporation shall withhold all applicable taxes required by law to be
     withheld from all amounts paid in respect of any or all of the RSUs. The
     Grantee may satisfy the

                                       D-3

<PAGE>

     withholding obligation by paying the amount of any taxes in cash or, with
     the approval of the Committee, shares of Stock may be deducted from the
     payment to satisfy the obligation in full or in part. The amount of the
     withholding and the number of shares to be deducted shall be determined by
     the Committee with reference to the Fair Market Value of the Stock when the
     withholding is required to be made.

6.   Notwithstanding anything to the contrary contained herein, the Grantee may
     elect to defer receipt of the Stock that he would otherwise have been
     entitled to receive upon the vesting of all or a portion of the RSUs,
     pursuant to such rules as may be promulgated by the Committee.

7.   The validity and construction of this award agreement shall be governed by
     the laws of the State of Ohio.

                                       D-4

<PAGE>

                                    EXHIBIT E

<PAGE>

                                DANA CORPORATION
                    AMENDED AND RESTATED STOCK INCENTIVE PLAN

                             This is to certify that

                                     [NAME]

  (the "Optionee") is hereby granted a non-qualified option (the "Option") to
                       purchase [number] shares of Stock.

This grant is set forth in accordance with the terms and conditions of the Dana
      Corporation Amended and Restated Stock Incentive Plan (the "Plan").

    GRANT DATE: The Commencement Date, as defined in the Employment Agreement
                                (defined herein)

  VESTING SCHEDULE: 25% per year on each of the first four anniversaries of the
                                Commencement Date

                    EXERCISE PRICE PER SHARE: [insert price]

          ADDITIONAL TERMS: See the following pages of this certificate

                                Dana Corporation

                     By: __________________________________
                                    Chairman

THIS IS NOT A STOCK CERTIFICATE. THIS CERTIFICATE IS SUBJECT TO, GOVERNED BY,
     AND INCORPORATES BY REFERENCE ALL OF THE TERMS AND CONDITIONS OF THE PLAN.
     IF A CONFLICT OCCURS BETWEEN THIS CERTIFICATE AND THE PLAN DOCUMENT, OR IF
     ANY POINT IS NOT REFLECTED HEREIN, THE TERMS OF THE PLAN DOCUMENT SHALL
     GOVERN. PLEASE REFER TO THE OFFICIAL PLAN DOCUMENT FOR AN EXPLANATION OF
     THE TERMS AND CONDITIONS OF THIS GRANT AND A FULL DESCRIPTION OF YOUR
     RIGHTS AND OBLIGATIONS. THIS CERTIFICATE, INCLUDING THE TERMS AND
     CONDITIONS DESCRIBED ON THE FOLLOWING PAGES, CONSTITUTES YOUR AWARD
     AGREEMENT AS REQUIRED BY THE PLAN.

                                       E-2

<PAGE>

ADDITIONAL TERMS:

1.   In the event that the employment of the Optionee with the Corporation or a
     subsidiary is terminated for any reason, any portion of the Option that has
     not vested as of the date of termination shall be forfeited and shall
     immediately terminate; provided, however, that the vesting of the Option
     subject to this grant shall accelerate upon the occurrence of the following
     events: (i) termination of the Optionee's employment on account of death of
     the Optionee; (ii) termination of the Optionee's employment on account of
     Disability, as defined in the employment agreement between the Grantee and
     the Corporation, as the same may be amended from time to time (the
     "Employment Agreement"); (iii) termination of the Optionee's employment
     with the Corporation due to his retirement after attaining the age of 55
     and 15 years of service with the Corporation; and (iv) termination of the
     Optionee's employment at the initiative of the Corporation (and not on the
     Optionee's initiative) other than for Cause, (as defined in the Employment
     Agreement). In addition, the vesting of the Option subject to this grant
     shall accelerate upon the occurrence of a Change in Control of the
     Corporation (as defined in the Plan) during the Employment Period (as
     defined in the Employment Agreement).

2.   To the extent that the Optionee holds vested Options at the time of his
     termination from employment, such Options shall remain exercisable until
     the earlier to occur of the expiration of the ten-year Option term or the
     expiration of the applicable period (or, if applicable, until the date) set
     forth below: (i) in the case of the Optionee's death or Disability, one
     year following the date of death or the Disability Effective Date (as
     defined in the Employment Agreement), as the case may be; (ii) in the case
     of the Optionee's retirement after attaining age 55 and 15 years of service
     with the Corporation, five years following the date of termination; (iii)
     in the case of the termination of the Optionee's employment at the
     initiative of the Corporation (and not on the Optionee's initiative) other
     than for Cause or in the case of the Optionee's termination of employment
     for Good Reason (as defined in the Employment Agreement), two years
     following the Date of Termination (as defined in the Employment Agreement);
     and (iv) in the case of any other termination of employment, the Date of
     Termination (as defined in the Employment Agreement).

3.   The Optionee shall pay to the Corporation, at the times that he realizes
     taxable income in respect of the grant, an amount equal to the taxes the
     Corporation determines it is required to withhold. In lieu of such payment,
     in whole or in part, the Corporation may withhold from any shares of Stock
     it would otherwise deliver to the Optionee all or part of the number of
     such shares the Fair Market Value of which is equal to the amount of taxes
     required to be withheld.

4.   The validity and construction of this award agreement shall be governed by
     the laws of the State of Ohio.

                                       E-3

<PAGE>

                        EXHIBIT F TO EMPLOYMENT AGREEMENT
                        MADE ON FEBRUARY 3, 2004 BETWEEN
                      DANA CORPORATION AND MICHAEL J. BURNS

                            FORM OF RELEASE AGREEMENT

               This Release Agreement ("Release") is entered into as of this
______day of ________, hereinafter "Execution Date", by and between [Executive
Full Name] (hereinafter "Executive"), and [Employer Full Name] and its
successors and assigns (hereinafter, the "Corporation"). The Executive and the
Corporation are sometimes collectively referred to as the "Parties".

1.   The Executive's employment with the Corporation is terminated effective
     [Month, Day, Year] (hereinafter "Termination Date"). The Corporation agrees
     to provide the Executive the severance benefits provided for in his
     Employment Agreement with the Corporation, dated as of [ ] (the
     "Agreement"), after he executes this Release and the Release becomes
     effective pursuant to its terms and does not revoke it as permitted in
     Section 4 below, the expiration of such revocation period being the
     "Effective Date".

2.   Executive represents that he has not filed, and will not file, any
     complaints, lawsuits, administrative complaints or charges relating to his
     employment with, or resignation from, the Corporation; provided, however,
     that nothing contained in this Section 2 shall prohibit Executive from
     bringing a claim to challenge the validity of the ADEA Release in Section 4
     herein. In consideration of the benefits described in Section 1, for
     himself and his heirs, administrators, representatives, executors,
     successors and assigns (collectively, "Releasers"), Executive agrees to
     release the Corporation, its subsidiaries, affiliates, and their respective
     parents, direct or indirect subsidiaries, divisions, affiliates and related
     companies or entities, regardless of its or their form of business
     organization, any predecessors, successors, joint ventures, and parents of
     any such entity, and any and all of their respective past or present
     shareholders, partners, directors, officers, employees, consultants,
     independent contractors, trustees, administrators, insurers, agents,
     attorneys, representatives and fiduciaries, including without limitation
     all persons acting by, through, under or in concert with any of them
     (collectively, the "Released Parties"), from any and all claims, charges,
     complaints, causes of action or demands relating to his employment or
     termination of employment that Executive and his Releasers now have or have
     ever had against the Released Parties, whether known or unknown. This
     Release specifically excludes claims, charges, complaints, causes of action
     or demand that (a) post-date the Termination Date, (b) relate to
     unemployment compensation claims, (c) involve rights to benefits in which
     Executive is vested as of the Termination Date under any employee benefit
     plans and arrangements of the Corporation, (d) relate to claims for
     indemnification by Executive, or (e) involve obligations owed to Executive
     by the Corporation under the Agreement.

                                       E-4

<PAGE>

3.   The Corporation, on its own behalf and on behalf of the Released Parties,
     hereby releases Executive from all claims, causes of actions, demands or
     liabilities which arose against the Executive on or before the time it
     signs this Agreement, whether known or unknown. This Paragraph, however,
     does not apply to or adversely affect any claims against Executive which
     allege or involve obligations owed by him to the Corporation under the
     Agreement. The Corporation will indemnify Executive for reasonable
     attorneys' fees, costs and damages which may arise in connection with any
     proceeding by the Corporation or any Released Party which is inconsistent
     with this Release by the Corporation and the Released Parties.

4.   In further recognition of the above, Executive hereby voluntarily and
     knowingly waives all rights or claims that he may have against the Released
     Parties arising under the Age Discrimination in Employment Act of 1967, as
     amended ("ADEA"), other than any such rights or claims that may arise after
     the date of execution of this Release. Executive specifically agrees and
     acknowledges that: (A) the release in this Section 4 was granted in
     exchange for the receipt of consideration that exceeds the amount to which
     he would otherwise be entitled to receive upon termination of his
     employment; (B) he has hereby been advised in writing by the Corporation to
     consult with an attorney prior to executing this Release; (C) the
     Corporation has given him a period of up to twenty-one (21) days within
     which to consider this Release, which period shall be waived by the
     Executive's voluntary execution prior to the expiration of the twenty-one
     day period, and he has carefully read and voluntarily signed this Release
     with the intent of releasing the Released Parties to the extent set forth
     herein; and (D) following his execution of this Release he has seven (7)
     days in which to revoke his release as set forth in this Section 4 only and
     that, if he chooses not to so revoke, the Release in this Section 4 shall
     then become effective and enforceable and the payment listed above shall
     then be made to him in accordance with the terms of this Release. To cancel
     this Release, Executive understands that he must give a written revocation
     to the General Counsel of the Corporation at [ ](1), either by hand
     delivery or certified mail within the seven-day period. If he rescinds the
     Release, it will not become effective or enforceable and he will not be
     entitled to any severance benefits from the Corporation.

5.   If any provision of this Release is held invalid, the invalidity of such
     provision shall not affect any other provisions of this Release. This
     Release is governed by, and construed and interpreted in accordance with
     the laws of the State of Ohio, without regard to principles of conflicts of
     law. Executive consents to venue and personal jurisdiction in the State of
     Ohio for disputes arising under this Release. This Release represents the
     entire understanding between the Parties with respect to subject matter
     herein, and no other inducements or representations have been made or
     relied upon by the Parties. This Release shall be binding upon and inure to
     the benefit of Executive, his heirs and legal representatives, and the
     Corporation and its successors as provided in this Section 5. Any
     modification of

______________________

(1)   INSERT ADDRESS.

                                       E-5

<PAGE>

     this Release must be made in writing and be signed by Executive and the
     Corporation.

ACCEPTED AND AGREED TO:

__________________________________  ________________________________
[Employer Full Name]                [Executive Full Name]

Dated:____________________________  Dated:__________________________

                                       E-6<PAGE>

                                                                 Exhibit 10-F(1)

                           CHANGE OF CONTROL AGREEMENT

                                     BETWEEN

                                DANA CORPORATION

                                       AND

                                MICHAEL J. BURNS

                             DATED FEBRUARY 3, 2004

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                                TABLE OF CONTENTS

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SECTION                                                                                     PAGE
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Recitals ................................................................................     1
1.       OPERATION OF AGREEMENT; EMPLOYMENT AND TERM.....................................     1
2.       POSITION AND DUTIES OF THE EXECUTIVE............................................     2
         (A)      Position...............................................................     2
         (B)      Duties.................................................................     3
         (C)      Location Of Office.....................................................     3
3.       COMPENSATION....................................................................     3
         (A)      Salary.................................................................     3
         (B)      Additional Compensation................................................     4
         (C)      Incentive, Stock And Savings Plans.....................................     4
         (D)      Retirement And Welfare Benefit Plans...................................     5
         (E)      Expenses...............................................................     5
         (F)      Fringe Benefits........................................................     5
         (G)      Office And Support Staff...............................................     6
         (H)      Vacation And Other Absences............................................     6
         (I)      Benefits Shall Not Be Reduced Under Certain Circumstances..............     6
         (J)      Certain Retirement And Severance Definitions...........................     6
4.       TERMINATION OF EMPLOYMENT.......................................................     7
         (A)      Death Or Disability....................................................     7
         (B)      Cause..................................................................     7
         (C)      Good Reason............................................................     7
         (D)      Notice Of Termination..................................................     8
         (E)      Date Of Termination....................................................     9
5.       OBLIGATIONS OF THE CORPORATION UPON TERMINATION.................................     9
         (A)      Termination Other Than For Cause.......................................     9
         (B)      [intentionally left blank].............................................    11
         (C)      Cause; Other Than For Good Reason......................................    11
         (D)      Death Or Disability....................................................    12
         (E)      Resolution Of Disputes.................................................    12
                  (1)      Right Of Election By Executive To Arbitrate Or Sue............    12
                  (2)      Third-Party Stakeholder.......................................    13
6.       NON-EXCLUSIVITY OF RIGHTS.......................................................    13
7.       FULL SETTLEMENT.................................................................    14
8.       CERTAIN ADDITIONAL PAYMENTS BY THE CORPORATION..................................    14
9.       CONFIDENTIAL INFORMATION........................................................    17
10.      COMPETITION.....................................................................    17
11.      SUCCESSORS......................................................................    18
12.      CERTAIN DEFINITIONS.............................................................    19
         (A)      Beneficiary............................................................    19
         (B)      Change Of Control......................................................    19
         (C)      Change Of Control Date.................................................    20
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<S>                                                                                         <C>
13.      AMENDMENT OR MODIFICATION; WAIVER...............................................    21
14.      MISCELLANEOUS...................................................................    21
Exhibit A
Exhibit B
</TABLE>

                                      -ii-

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         THIS CHANGE OF CONTROL AGREEMENT (the "Agreement") made and entered
into on this 3rd day of February, 2004, by and between Dana Corporation, a
Virginia corporation whose principal place of business is located at 4500 Dorr
Street, Toledo, Ohio (the "Corporation"), and Michael J. Burns (the
"Executive");

         WHEREAS, the Corporation and the Executive have entered into an
Employment Agreement as of the date first set forth above, whereby the Executive
will serve as the principal executive officer of the Corporation and as an
integral part of its management; and

         WHEREAS, the Corporation wishes to assure both itself and the Executive
of continuity of management in the event of any actual or threatened Change of
Control of the Corporation; and

         WHEREAS, this Agreement is not intended to alter materially the
compensation and benefits that the Executive could reasonably expect in the
absence of a Change of Control of the Corporation, and, accordingly, this
Agreement, though taking effect upon execution thereof, will be operative only
upon a Change of Control of the Corporation, as that term is hereafter defined;

         NOW, THEREFORE, IN CONSIDERATION of the mutual promises, covenants and
agreements set forth below, it is hereby agreed as follows:

1.       OPERATION OF AGREEMENT; EMPLOYMENT AND TERM.

         (A)      This Agreement shall be effective on the Commencement Date (as
defined in the Employment Agreement between the Executive and the Corporation
dated February 3, 2004, as such agreement may be amended from time to time (the
"Employment Agreement")), but, anything in this Agreement to the contrary
notwithstanding, neither the Agreement nor any provision thereof, except for
this Section 1(A), Section 1(D), Section 2(A)(2), Section 11, Section 12(B),
Section 13, and Sections 14(A), (B), (C), (F), (N) and (O), shall be operative
unless and until there has been a Change of Control of the Corporation, as
defined in Section 12(B) below, prior to December 31, 2006 or such later date as
shall result from the operation of Section 1(D) below (the "Terminal Date") and
while the Executive is in the employ of the Corporation following the
Commencement Date. Upon such a Change of Control of the Corporation, this
Agreement and all provisions thereof shall become operative immediately.

         (B)      The Corporation hereby agrees to continue the employment of
the Executive, and the Executive hereby agrees to remain in the employ of the
Corporation, in accordance with the terms and provisions of this Agreement, for
the period set forth below (the "COC Employment Period").

         (C)      The COC Employment Period under this Agreement shall commence
on the date this Agreement becomes operative pursuant to the provisions of
Section 1(A) above and, subject only to the provisions of Section 4 below
relating to termination of employment, shall continue until the third
anniversary of a Change of Control of the Corporation.

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         (D)      Commencing on December 31, 2004, and on each anniversary of
such date (such date and each such annual anniversary thereof, the "Renewal
Date"), the Terminal Date set forth in Section 1(A) above shall be extended so
as to occur three (3) years from the Renewal Date unless either party shall have
given notice to the other party that the Terminal Date is not to be extended or
further extended.

2.       POSITION AND DUTIES OF THE EXECUTIVE.

         (A)      Position.

                  (1)      It is contemplated that during the COC Employment
         Period the Executive will continue to serve as the principal officer of
         the Corporation and as a member of its Board of Directors if serving as
         a member of the Board of Directors of the Corporation (the "Board")
         immediately prior to a Change of Control, as defined in Section 12(B)
         below, with the office(s) and title(s), reporting responsibility and
         duties and responsibilities of the Executive on the date of this
         Agreement, as the same may be changed from time to time after the date
         of this Agreement and prior to the date this Agreement becomes
         operative pursuant to the provisions of Section 1(A) above.

                  (2)      The office(s), title(s), reporting responsibility,
         duties and responsibilities of the Executive on the date of this
         Agreement, as the same may be changed from time to time after the date
         of this Agreement and prior to the date this Agreement becomes
         operative pursuant to the provisions of Section 1(A) above, shall be
         summarized in Exhibit A to this Agreement, it being understood and
         agreed that if and when the office(s), title(s), reporting
         responsibility, duties and responsibilities of the Executive shall be
         changed prior to the date this Agreement becomes operative pursuant to
         the provisions of Section 1(A) above, Exhibit A shall be deemed to be
         and shall be updated by the parties to reflect such change; provided,
         however, that Exhibit A is intended only as a memorandum for the
         convenience of the parties and shall be disregarded if and to the
         extent that, at the time this Agreement becomes operative, Exhibit A
         shall fail to reflect accurately the office(s), title(s), reporting
         responsibility, duties or responsibilities of the Executive at the time
         because the parties shall have failed to update Exhibit A as aforesaid
         after the last such change prior to the date this Agreement shall have
         become operative.

                  (3)      At all times during the COC Employment Period, the
         Executive shall hold a position of responsibility and importance and a
         position of scope, with the functions, duties and responsibilities
         attached thereto, at least equal in responsibility and importance and
         in scope to and commensurate with his position described in general
         terms above in this Section 2(A) and intended to be summarized in
         Exhibit A to this Agreement.

                  (4)      During the COC Employment Period the Executive shall,
         without compensation other than that herein provided, also serve and
         continue to serve, if and when elected and re-elected, as an officer or
         director, or both, of any United States Subsidiary, division or
         Affiliate of the Corporation.

                  (5)      For all purposes of this Agreement, (1) a
         "Subsidiary" shall mean a corporation or other entity, of which 50% or
         more of the voting securities or other equity inter-

                                      -2-
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         ests is owned directly, or indirectly through one or more
         intermediaries, by the Corporation, and (2) an "Affiliate" shall mean a
         corporation or other entity which is not a Subsidiary and which
         directly, or indirectly through one or more intermediaries, controls,
         or is controlled by, or is under common control with, the Corporation.
         For the purpose of this definition, the terms "control", "controls" and
         "controlled" mean the possession, direct or indirect, of the power to
         direct or cause the direction of the management and policies of a
         corporation or other entity, whether through the ownership of voting
         securities, by contract, or otherwise.

         (B)      Duties. Throughout the COC Employment Period the Executive
shall devote his full time and undivided attention during normal business hours
to the business and affairs of the Corporation except for reasonable vacations
and except for illness or incapacity, but nothing in this Agreement shall
preclude the Executive from devoting reasonable periods required for:

                  (1)      serving as a director or member of a committee or any
         organization involving no conflict of interest with the interests of
         the Corporation;

                  (2)      delivering lectures, fulfilling speaking engagements,
         teaching at educational institutions;

                  (3)      engaging in charitable and community activities; and

                  (4)      managing his personal investments;

provided, that such activities do not materially interfere with the regular
performance of his duties and responsibilities under this Agreement.

         (C)      Location Of Office. During the COC Employment Period, the
office of the Executive shall be located at the principal offices of the
Corporation, within the greater Toledo, Ohio area, and the Executive shall not
be required to locate his office elsewhere without his prior written consent,
nor shall he be required to be absent therefrom on travel status or otherwise
more than thirty (30%) of the working days in any calendar year nor for more
than ten (10) consecutive days at any one time.

3.       COMPENSATION.

         The Executive shall receive the following compensation for his
services:

         (A)      Salary. So long as the Executive is employed by the
Corporation, he shall be paid an annual base salary, payable not less often than
monthly, at the rate of not less than the rate in effect under the Employment
Agreement immediately prior to the COC Employment Period, with such increases as
shall be awarded from time to time in accordance with the Corporation's regular
administrative practices of other salary increases applicable to executives of
the Corporation, subject to any and all required withholdings and deductions for
Social Security, income taxes and the like (the "Annual Base Salary"). The Board
may from time to time direct such upward adjustments to Annual Base Salary as
the Board deems to be necessary or desirable; provided, however, that during the
COC Employment Period, the Annual Base Salary shall be reviewed at least
annually and shall be increased at any time and from time to time but not less
often than annually and shall be substantially consistent with increases in base
salary generally

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awarded in the ordinary course of business to other senior
executives of the Corporation and its "Affiliated Companies" (a term which, as
used in this Agreement, shall mean a Subsidiary or Affiliate of the Corporation)
and, in addition, shall be adjusted effective as of January lst of each calendar
year commencing in the COC Employment Period to reflect increases in the cost of
living during the preceding calendar year. Annual Base Salary shall not be
reduced after any increase thereof pursuant to this Section 3(A). Any increase
in Annual Base Salary shall not serve to limit or reduce any other obligation of
the Corporation under this Agreement.

         (B)      Additional Compensation. So long as the Executive is employed
by the Corporation, he shall be eligible to receive annual short-term incentive
awards or bonuses (such award or bonus is hereinafter referred to as "Short-Term
Award" or "Annual Bonus") from the Dana Corporation Additional Compensation
Plan, and from any successor or replacement plan (the Dana Corporation
Additional Compensation Plan and such successor or replacement plans being
referred to herein collectively as the "ACP"), in accordance with the terms
thereof; provided, however, that, with respect to each fiscal year of the
Corporation ending during the COC Employment Period, the Executive shall be
awarded (whether under the terms of the ACP or otherwise) an Annual Bonus in an
amount that shall not be less than one hundred percent (100%) of his Annual Base
Salary rate in effect on the last day of such fiscal year (which amount shall be
prorated if such fiscal year shall be less than 12 months). Notwithstanding the
foregoing, if the COC Employment Period commences in 2004 and the Executive
remains employed through December 31, 2004, the Executive shall be entitled to a
guaranteed minimum Annual Bonus for calendar year 2004 equal to 100% of his
Annual Base Salary for such year. Each Annual Bonus shall be paid no later than
the end of the third month of the fiscal year next following the fiscal year for
which the Annual Bonus is awarded, unless the receipt of such Annual Bonus is
deferred in accordance with the terms of the ACP.

         (C)      Incentive, Stock And Savings Plans. So long as the Executive
is employed by the Corporation, he shall be and continue to be a full
participant in the Dana Corporation Amended and Restated Stock Incentive Plan,
the ACP (providing for Short-Term Awards) and in any and all other incentive,
stock or savings plans, practices or policies in which executives of the
Corporation participate that are in effect on the date hereof and that may
hereafter be adopted, including, without limitation, any stock option, stock
purchase or stock appreciation plans, or any successor plans that may be adopted
by the Corporation with, except in the case of the ACP after the commencement of
the COC Employment Period, at least the same reward opportunities, if any, that
have heretofore been provided to the Executive. Nothing in this Agreement shall
preclude improvement of reward opportunities in such plans or other plans in
accordance with the practices in effect on the first day of the calendar month
that this Agreement becomes operative. Any provision of the ACP or of this
Agreement to the contrary notwithstanding, any Short-Term Awards made to the
Executive (whether for services rendered prior to or after the date this
Agreement becomes operative) shall be paid wholly in cash as soon as practicable
after the awards are made. All of the Executive's outstanding equity awards,
including, without limitation, the awards described in Exhibits A-E of the
Employment Agreement shall be treated in accordance with the agreements
evidencing such awards and shall remain subject to the terms and conditions
contained therein.

                  If the COC Employment Period commences prior to the time in
2005 that the Compensation Committee of the Board (the "Compensation Committee")
customarily makes

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long-term incentive awards under the Corporation's incentive plans to the senior
executives of the Corporation, then, at such time, the Corporation shall cause
the Executive to be granted the long-term incentive awards contemplated by
Section 3(g) of the Employment Agreement (or an economic equivalent thereof).

         (D)      Retirement And Welfare Benefit Plans. The Executive, his
dependents and Beneficiary (including, without limitation, any beneficiary of a
joint and survivor or other optional method of payment applicable to the payment
of benefits under the Retirement Program of the Corporation (as defined in
Section 3(J)(3) below), shall be entitled to all payments and benefits and
service credit for benefits during the COC Employment Period (1) under the
Retirement Program of the Corporation and (2) to which other senior executives
of the Corporation, their dependents and their beneficiaries are entitled under
the terms of employee savings, equity and welfare benefit plans and practices of
the Corporation, including, without limitation, the Corporation's SavingsWorks
Plan, its Stock Purchase Plan, its Income Protection Plan for Management and
Certain Other Employees providing layoff and severance benefits, its 1989 and
1999 Restricted Stock Plans, its death benefit plans (consisting of its Group
Insurance Plan for Management Employees providing life insurance, accidental
death and dismemberment insurance, and travel accident insurance), its
disability benefit plans (consisting of its salary continuation, sickness and
accident and long-term disability benefits programs), its medical, dental and
health and welfare plans and other present or equivalent successor plans and
practices of the Corporation, its Subsidiaries and divisions, for active and
retired employees, for which officers, their dependents and beneficiaries, are
eligible, and to all payments or other benefits under any such plan or practice
subsequent to the COC Employment Period as a result of participation in such
plan or practice during the COC Employment Period.

                  Notwithstanding anything to the contrary contained herein or
in the Employment Agreement, upon the occurrence of a Change of Control, the
Supplemental Retirement Benefit (as defined in Section 3(c) of the Employment
Agreement, the "Supplemental Retirement Benefit") shall become fully vested on
the Change of Control Date.

         (E)      Expenses. So long as the Executive is employed by the
Corporation, he shall be entitled to receive prompt reimbursement for all
reasonable expenses incurred by the Executive in accordance with the polices,
practices and procedures of the Corporation and its Affiliated Companies from
time to time in effect, commensurate with his position and on a basis at least
comparable to that of other senior executives of the Corporation. If the COC
Employment Period commences prior to the time that the Executive has been
reimbursed for his tax preparation and relocation expenses pursuant to Sections
3(d) and 3(h) of the Employment Agreement, the provisions of such section shall
be included in this Agreement as if incorporated herein.

         (F)      Fringe Benefits. So long as the Executive is employed by the
Corporation, he shall be entitled to fringe benefits, including, without
limitation, the business and personal use of an automobile, and payment or
reimbursement of club initiation fees and dues, in accordance with the plans,
practices, programs and policies of the Corporation and its Affiliated Companies
from time to time in effect, commensurate with his position and at least
comparable to those received by other senior executives of the Corporation.

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         (G)      Office And Support Staff. So long as the Executive is employed
by the Corporation, he shall be entitled to an office or offices of a size and
with furnishings and other appointments, and to exclusive personal secretarial
and other assistance, commensurate with his position and at least comparable to
those received by other senior executives of the Corporation.

         (H)      Vacation And Other Absences. So long as the Executive is
employed by the Corporation, he shall be entitled to paid vacation and such
other paid absences whether for holidays, illness, personal time or any similar
purposes, in accordance with the plans, policies, programs and practices of the
Corporation and its Affiliated Companies in effect from time to time,
commensurate with his position and at least comparable to those received by
other senior executives of the Corporation.

         (I)      Benefits Shall Not Be Reduced Under Certain Circumstances.
Nothing in this Agreement shall preclude the Corporation from amending or
terminating any employee benefit or welfare plan or practice, but, it being the
intent of the parties that the Executive shall continue to be entitled during
the COC Employment Period to perquisites as set forth in this Section 3 and to
benefits and service credit for benefits under Section 3(D) above at least equal
to those attached to his position on the date of this Agreement, and except as
provided in the last sentence of this Section 3(I), nothing in this Agreement
shall operate or be construed to reduce, or authorize a reduction without the
Executive's written consent in, the level of such perquisites, benefits or
service credit for benefits; in the event of any such reduction, by amendment or
termination of any plan or practice or otherwise, the Executive, his dependents
and Beneficiary, shall continue to be entitled to perquisites, benefits and
service credit for benefits at least equal to the perquisites, benefits and
service credit for benefits under such plans or practices that he or his
dependents and Beneficiary would have received if such reduction had not taken
place. If and to the extent that such perquisites, benefits and service credits
are not payable or provided under any such plans or practices by reason of such
amendment or termination thereof, the Corporation itself shall pay or provide
therefor. Notwithstanding the foregoing provisions of this Section 3(I), the
Executive hereby waives the benefit of the foregoing minimum benefit protection
only as it applies to the Dana Corporation SavingWorks Plan, and to its medical,
dental and health plans for active and retired employees. The Executive
expressly does not waive the application of the foregoing minimum benefit
protection to any of the other benefit plans, programs or practices enumerated
in Section 3 above, including, without limitation, the Supplemental Retirement
Benefit, the Corporation's death benefit plans, its disability benefit plans,
and its Income Protection Plan for Management and Certain Other Employees. The
Executive reserves the right to cancel the above waiver, prospectively, at any
future time by giving written notice to the Corporation of such cancellation.
Nothing in this Section 3(I) shall be construed to prohibit the Corporation from
amending or terminating any employee benefit or welfare plan or practice to
reduce benefits, so long as such reduction applies to all salaried Corporation
employees covered by such plan or practice equally and such reduction is adopted
prior to the Change of Control Date.

         (J)      Certain Retirement And Severance Definitions.

                  (1)      The term "Severance Compensation" shall mean the sum
         of (1) one-twelfth (1/12) of the Annual Base Salary provided in Section
         3(A) at the rate being paid at the time the Executive's termination of
         employment occurred, and (2) one-twelfth (1/12) of the greater of (x)
         the average of the highest Annual Bonuses payable to the Ex-

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         ecutive for any three (3) consecutive full or partial fiscal years
         during his employment by the Corporation or (y) the Executive's target
         annual bonus (currently 100%) in effect under the ACP as of the Date of
         Termination (which, for purposes of this Section 3(J) and
         notwithstanding any reduction following the Change of Control Date,
         shall not be less than the Executive's target annual bonus as of
         immediately prior to the Change of Control Date).

                  (2)      The term "Service" shall mean employment as an
         employee by the Corporation, any Subsidiary or Affiliate thereof or any
         corporation the capital stock or assets of which have been acquired by,
         or which has been merged into or consolidated with the Corporation or
         any Subsidiary or Affiliate thereof.

                  (3)      The term "Retirement Program of the Corporation"
         shall mean the Supplemental Retirement Benefit and any other retirement
         plan or program of the Corporation in which the Executive participates
         immediately prior to the COC Employment Period or which may hereafter
         be adopted or substituted for any such plan or program, but exclusive
         of the Dana Corporation SavingsWorks Plan and any similar plan or
         plans.

4.       TERMINATION OF EMPLOYMENT.

         (A)      Death Or Disability.

                  (1)      The Executive's employment shall terminate
         automatically upon the Executive's death during the COC Employment
         Period.

                  (2)      If the Corporation determines in good faith that the
         Disability of the Executive has occurred during the COC Employment
         Period, it may give to the Executive written notice in accordance with
         Section 14(B) below of its intention to terminate the Executive's
         employment. In such event, the COC Employment Period shall terminate
         effective on the 30th day after receipt of such notice by the Executive
         (the "Disability Effective Date"), provided, that within the 30 days
         after such receipt, the Executive shall not have returned to full-time
         performance of the Executive's duties. For purposes of this Agreement,
         "Disability" shall mean the absence of the Executive from the
         Executive's duties with the Corporation on a full-time basis for 180
         consecutive business days as a result of incapacity due to mental or
         physical illness which is determined to be total and permanent by a
         physician selected by the Corporation or its insurers and acceptable to
         the Executive or the Executive's legal representative (such agreement
         as to acceptability not to be withheld unreasonably).

         (B)      Cause. For purposes of this Agreement, "Cause" shall have the
meaning set forth in Section 4(b) of the Employment Agreement; provided,
however, that at all times during the COC Employment Period, Section 4(b)(ii)
shall be read to exclude the reference to "or 9" and the reference to "and
competition" therein.

         (C)      Good Reason. The Executive may terminate his employment during
the COC Employment Period for Good Reason. For purposes of this Agreement, "Good
Reason" shall mean the occurrence (without the Executive's express written
consent) of any of the following events, unless in the case of any act or
failure to act described in clauses (1), (2), (3), (4) or (5)

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below, such act or failure to act is corrected by the Corporation within 30 days
after receipt by the Corporation of written notice from the Executive in respect
of such event:

                  (1)      Failure to elect or reelect the Executive to the
         Board of Directors of the Corporation, if the Executive shall have been
         a member of the Board of Directors on the date of this Agreement or at
         any time thereafter during the COC Employment Period, or a substantial
         diminution in the Executive's title(s) or office(s) described in
         Section 2(A) above and intended to be summarized in Exhibit A to this
         Agreement, or the removal of Executive from any such positions.

                  (2)      A material change or diminution in the position,
         duties, responsibilities or status of the Executive that is adversely
         inconsistent with the position, duties, responsibilities or status
         attached to the position described in Section 2 above and intended to
         be summarized in Exhibit A to this Agreement.

                  (3)      The Executive's compensation, annual bonus
         opportunity or benefit entitlements as in effect immediately prior to
         the Change of Control or as increased following the Change of Control
         are reduced.

                  (4)      A breach by the Corporation of any provision of this
         Agreement not embraced within the foregoing clauses (1), (2) and (3) of
         this Section 4(C).

                  (5)      The liquidation, dissolution, consolidation or merger
         of the Corporation or transfer of all or a significant portion of its
         assets unless a successor or successors (by merger, consolidation or
         otherwise) to which all or a significant portion of its assets have
         been transferred shall have assumed all duties and obligations of the
         Corporation under this Agreement but without releasing the corporation
         that is the original party to this Agreement;

provided, that in any event set forth in this Section 4(C), the Executive shall
have elected to terminate his employment under this Agreement, upon not less
than ten and not more than ninety days' advance written notice to the
Corporation, attention of the Secretary, given, except in the case of a
continuing breach, within three calendar months after (A) failure to be so
elected or reelected, or removal, (B) expiration of the 30-day cure period with
respect to such event, or (C) the closing date of such liquidation, dissolution,
consolidation, merger or transfer of assets, as the case may be. The Executive's
mental or physical incapacity following the occurrence of an event described
above in clauses (1) through (5) shall not affect the Executive's ability to
terminate employment for Good Reason.

                  An election by the Executive to terminate his employment for
Good Reason under the provisions of this Section 4(C) shall not be deemed a
voluntary termination of employment by the Executive for the purpose of this
Agreement or any plan or practice of the Corporation.

         (D)      Notice Of Termination. Any termination by the Corporation for
Cause, or by the Executive for Good Reason, shall be communicated by Notice of
Termination to the other party hereto given in accordance with Section 14(B)
below. For purposes of this Agreement, a "Notice of Termination" means a written
notice which

                  (1)      indicates the specific termination provision in this
         Agreement relied upon,

                                      -8-
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                  (2)      to the extent applicable, sets forth in reasonable
         detail the facts and circumstances claimed to provide a basis for
         termination of the Executive's employment under the provision so
         indicated and

                  (3)      if the Date of Termination (as defined in Section
         4(E) below) is other than the date of receipt of such notice, specifies
         the termination date (which date shall be not more than fifteen days
         after the giving of such notice).

         (E)      Date Of Termination. "Date of Termination" means

                  (1)      if the Executive's employment is terminated by the
         Corporation for Cause, or by the Executive for Good Reason, the later
         of (a) the date of receipt of the Notice of Termination or any later
         date specified therein, as the case may be or (b) the end of any
         applicable 30-day cure period described in Sections 4(B) or (C),

                  (2)      if the Executive's employment is terminated by the
         Corporation other than for Cause or Disability, the Date of Termination
         shall be the date on which the Corporation notifies the Executive of
         such termination and

                  (3)      if the Executive's employment is terminated by reason
         of death or Disability, the Date of Termination shall be the date of
         death of the Executive or the Disability Effective Date, as the case
         may be.

5.       OBLIGATIONS OF THE CORPORATION UPON TERMINATION.

         (A)      Termination Other Than For Cause. If, during the COC
Employment Period, the Corporation shall terminate the Executive's employment
other than for Cause or Disability or the Executive shall terminate his
employment for Good Reason (termination in any such case referred to as
"Termination") and subject to the Executive entering into and not revoking a
release (unless the Corporation determines not to request such release)
substantially in the form set forth as Exhibit B hereto:

                  (1)      the Corporation shall pay the Executive in a lump sum
         in cash within 30 days after the Date of Termination the sum of

                           (a)      the Executive's Annual Base Salary through
                                    the Date of Termination to the extent not
                                    theretofore paid,

                           (b)      to the extent that an Annual Bonus has not
                                    been paid to the Executive in respect of the
                                    fiscal year in which the Date of Termination
                                    occurs, the product of (x) the Executive's
                                    target annual bonus in effect under the ACP
                                    as of the Date of Termination (which, for
                                    purposes of Section 3(J) and notwithstanding
                                    any reduction following the Change of
                                    Control Date, shall not be less than the
                                    Executive's target annual bonus as of
                                    immediately prior to the Change of Control
                                    Date) and (y) a fraction, the numerator of
                                    which is the number of days in the current
                                    fiscal year through the Date of Termination,
                                    and the denominator of which is 365, and

                                      -9-
<PAGE>

                           (c)      any compensation previously deferred by the
                                    Executive (together with any accrued
                                    interest or earnings thereon), the
                                    Supplemental Retirement Benefit and any
                                    accrued vacation pay, in each case to the
                                    extent not theretofore paid (the sum of the
                                    amounts described in clauses (a), (b), and
                                    (c) shall be hereinafter referred to as the
                                    "Accrued Obligations"); and

                  (2)      The Corporation shall pay the Executive in a lump sum
         in cash within 30 days after the Date of Termination an amount equal to
         the Executive's Severance Compensation for the period from the Date of
         Termination until the earlier of (x) the third anniversary of the Date
         of Termination and (y) the date upon which the Executive attains the
         age of sixty-five (65) years (the "Termination Period"); provided,
         however, that such amount would be reduced (but not below zero) by any
         other amounts payable to the Executive in respect of salary or bonus
         continuation to be received by the Executive under any severance plan,
         policy or arrangement of the Corporation; and

                  (3)      During the Termination Period, or such longer period
         as any plan, program, practice or policy may provide, the Corporation
         shall continue benefits to the Executive and/or the Executive's family
         at least equal to those which would have been provided to them in
         accordance with the plans, programs, practices and policies described
         in Section 3(D) above if the Executive's employment had not been
         terminated in accordance with the most favorable plans, practices,
         programs or policies of the Corporation and its Affiliated Companies as
         in effect and applicable generally to other senior executives of the
         Corporation and its Affiliated Companies and their families during the
         90-day period immediately preceding the Date of Termination or, if more
         favorable to the Executive, as in effect at any time thereafter or, if
         more favorable to the Executive, as in effect generally at any time
         thereafter with respect to other senior executives of the Corporation
         and its Affiliated Companies and their families or, if more favorable
         to the Executive, as in effect immediately prior to the Change of
         Control, if applicable, provided, however, that if the Executive
         becomes reemployed with another employer and is eligible to receive
         medical or other welfare benefits under another employer-provided plan,
         the medical and other welfare benefits described herein shall be
         secondary to those provided under such other plan during such
         applicable period of eligibility. For purposes of determining
         eligibility of the Executive for retiree benefits pursuant to such
         plans, practices, programs and policies, the Executive shall be
         considered to have remained employed until the end of the Termination
         Period and to have retired on the date of the end of the Termination
         Period. To the extent that any benefits referred to in this Section
         5(A)(3) shall not be payable or provided under any such plan by reason
         of the Executive's no longer being an employee of the Corporation as
         the result of Termination, the Corporation shall itself pay, or provide
         for payment of, such benefits and the service credit for benefits
         provided for in Section 5(A)(4) below, to the Executive, his dependents
         and Beneficiary; and

                  (4)      The period from the Date of Termination until the end
         of the Termination Period shall be considered:

                           (a)      Service with the Corporation for the purpose
                                    of continued credits under the employee
                                    benefit plans referred to in Section 3(D)
                                    above

                                      -10-
<PAGE>

                                    (including the Supplemental Retirement
                                    Benefit) and all other benefit plans of the
                                    Corporation applicable to the Executive or
                                    his Beneficiary as in effect immediately
                                    prior to Termination but prior to any
                                    reduction of benefits thereunder as the
                                    result of amendment or termination during
                                    the COC Employment Period; and

                           (b)      Employment with the Corporation for purposes
                                    of determining payments and other rights in
                                    respect of awards made or accrued and award
                                    opportunities granted prior to Termination
                                    under the executive incentive plans referred
                                    to in Section 3(C) above and all other
                                    incentive plans of the Corporation in which
                                    the Executive was a participant prior to
                                    Termination; and

                  (5)      In addition to the severance and other benefits
         described in Sections 5(a)(1) through 5(a)(4) above, to the extent not
         theretofore paid or provided, the Corporation shall timely pay or
         provide to the Executive and/or the Executive's dependents and/or heirs
         any other amounts or benefits required to be paid or provided to such
         individuals under any plan, program, policy or practice or contract or
         agreement of the Corporation and its Affiliated Companies as in effect
         and applicable generally to other senior executives of the Corporation
         and its Affiliated Companies and their families during the 90-day
         period immediately preceding the Date of Termination or, if more
         favorable to the Executive, as in effect generally thereafter with
         respect to other senior executives of the Corporation and its
         Affiliated Companies and their families (such other amounts and
         benefits shall be referred to below as the "Other Benefits"); and

                  (6)      During the Termination Period, the Corporation shall
         continue to provide to the Executive the financial, estate and tax
         planning services that were provided to the Executive during the 90-day
         period immediately prior to the Change of Control Date or, if more
         favorable to the Executive, as in effect generally at any time
         thereafter with respect to other senior executives of the Corporation
         and its Affiliated Companies; and

                  (7)      The Corporation shall pay on behalf of Executive the
         fee of an independent outplacement firm selected by the Executive for
         outplacement services in an amount equal to the actual fee for such
         service up to a total of $35,000.

         (B)      [intentionally left blank]

         (C)      Cause; Other Than For Good Reason. If the Executive's
employment shall be terminated for Cause during the COC Employment Period, the
Corporation shall have no further obligations to the Executive under this
Agreement other than the obligation to pay the Executive's Annual Base Salary,
any compensation previously deferred by the Executive (together with any accrued
interest or earnings thereon), the Supplemental Retirement Benefit and accrued
vacation pay through the Date of Termination, in each case to the extent not
theretofore paid, and any other amounts or benefits to which the Executive
and/or the Executive's family is otherwise entitled under the terms of any
employee benefit or incentive plan of the Corporation. If the Executive
terminates employment during the COC Employment Period, excluding a termination
for Good Reason, the Corporation shall have no further obligations to the
Executive, other than to

                                      -11-
<PAGE>

pay the Executive's Annual Base Salary, the Supplemental Retirement Benefit, any
compensation previously deferred by the Executive (together with any accrued
interest or earnings thereon), and accrued vacation pay through the termination
date, in each case to the extent not theretofore paid, any other benefits to
which the Executive and/or the Executive's family is otherwise entitled under
the terms of any employee benefit or incentive plan of the Corporation.

(D)      Death Or Disability.

                  (1)      In the event of the death of the Executive during the
         COC Employment Period, the Beneficiary of the Executive shall be
         entitled to the compensation provided for in Sections 3(A) and 3(B)
         above for the month in which death shall have taken place, at the rate
         being paid at the time of death, and at the times that such amounts
         would have been paid or earned by the Executive had the Executive
         lived, and the COC Employment Period shall be deemed to have ended as
         of the close of business on the last day of the month in which death
         shall have occurred but without prejudice to any payments due in
         respect of the Executive's death.

                  (2)      In the event of the Disability of the Executive
         during the COC Employment Period, the Executive shall be entitled to
         the compensation provided for in Sections 3(A) and 3(B) above, at the
         rate being paid on the Disability Effective Date, and at the times that
         such amounts would have been paid or earned by the Executive had the
         Executive remained employed by the Corporation, for the period of such
         Disability but not in excess of six months.

                  (3)      In the event of the Executive's death or Disability
         during the COC Employment Period, the Executive or his Beneficiary, as
         the case may be, shall be entitled to receive any compensation
         previously deferred by the Executive (together with any accrued
         interest or earnings thereon), the Supplemental Retirement Benefit and
         accrued but unused vacation pay, in each case to the extent not
         theretofore paid, and any other amounts or benefits to which the
         Executive and/or the Executive's family is otherwise entitled under the
         terms of any employee benefit or incentive plan of the Corporation.

         (E)      Resolution Of Disputes.

                  (1)      Right Of Election By Executive To Arbitrate Or Sue.
         In the event that the Executive's employment shall be terminated by the
         Corporation during the COC Employment Period and such termination is
         alleged to be for Cause, or the Executive's right to terminate his
         employment under Section 4(C) above shall be questioned by the
         Corporation, or the Corporation shall withhold payments or provision of
         benefits for any other reason, the Executive shall have the right, in
         addition to all other rights and remedies provided by law, at his
         election either to seek arbitration within the Toledo, Ohio area under
         the rules of the American Arbitration Association by serving a notice
         to arbitrate upon the Corporation or to institute a judicial
         proceeding, in either case within ninety days after having received
         notice of termination of his employment or notice in any form that the
         termination of his employment under Section 4(B) above is subject to
         question or consideration or that the Corporation is withholding or
         proposes to withhold payments or provision of benefits.

                                      -12-
<PAGE>

                  (2)      Third-Party Stakeholder. In the event that the
         Corporation defaults on any obligation set forth in Section 5(A) above,
         relating to Termination, and shall have failed to remedy such default
         within thirty (30) days after having received written notice of such
         default from the Executive, in addition to all other rights and
         remedies that the Executive may have as a result of such default, the
         Executive may demand and the Corporation shall thereupon be required to
         deposit, with the third-party stakeholder hereinafter described, an
         amount equal to the undiscounted value of any and all undischarged,
         future obligations of the Corporation under Section 5(A) above and such
         amount shall thereafter be held, paid, applied or distributed by such
         third-party stakeholder for the purpose of satisfying such
         undischarged, future obligations of the Corporation when and to the
         extent that they become due and payable. Any interest or other income
         on such amount shall be retained by the third-party stakeholder and
         applied, if necessary, by it to satisfy such obligations, provided,
         however, that any interest or other income that is earned on such
         undischarged, future obligations after the date that the third-party
         stakeholder determines, in its sole discretion, that such obligations
         are due and owing to the Executive, shall be paid to the Executive as
         earned. To the extent not theretofore expended, such amount (including
         any remaining unexpended interest or other income) shall be repaid to
         the Corporation at such time as the third-party stakeholder, in its
         sole discretion, reasonably exercised, determines, upon the advice of
         counsel and after consultation with the Corporation and the Executive
         or, in the event of his death, his Beneficiary, that all obligations of
         the Corporation under Section 5(A) above have been substantially
         satisfied.

                  Such amount shall, in the event of any question, be determined
         jointly by the firm of certified public accountants regularly employed
         by the Corporation and a firm of certified public accountants selected
         by the Executive, in each case upon the advice of actuaries to the
         extent the certified public accountants consider necessary, and, in the
         event such two firms of accountants are unable to agree on a resolution
         of the question, such amount shall be determined by an independent firm
         of certified public accountants selected jointly by both firms of
         accountants.

                  The third-party stakeholder, the fees and expenses of which
         shall be paid by the Corporation, shall be a national or state bank or
         trust company having a combined capital, surplus and undivided profits
         and reserves of not less than Ten Million Dollars ($10,000,000) which
         is duly authorized and qualified to do business in the state in which
         the Executive resides at the time of such default.

6.       NON-EXCLUSIVITY OF RIGHTS.

         Except as provided in Sections 5(A)(2), 5(B) and 5(C) above, nothing in
this Agreement shall prevent or limit the Executive's continuing or future
participation in any plan, program, policy or practice provided by the
Corporation or any of its Affiliated Companies and for which the Executive may
qualify, nor shall anything herein limit or otherwise affect such rights as the
Executive may have under any contract or agreement entered into after the date
hereof with the Corporation or any of its Affiliated Companies. Amounts which
are vested benefits or which the Executive is otherwise entitled to receive
under any plan, policy, practice or program of, or any contract or agreement
entered into after the date hereof with, the Corporation or any of its
Affiliated Companies at or subsequent to the Date of Termination shall be
payable in accordance with

                                      -13-
<PAGE>

such plan, policy, practice or program or contract or agreement except as
explicitly modified by this Agreement. For the avoidance of doubt, all of the
Executive's outstanding equity awards, including, without limitation, the awards
described in Exhibits A-E of the Employment Agreement, shall be treated in
accordance with the agreements evidencing such awards and shall remain subject
to the terms and conditions contained therein.

7.       FULL SETTLEMENT.

         The Corporation's obligation to make the payments provided for in this
Agreement and otherwise to perform its obligations hereunder shall not be
affected by any set-off, counterclaim, recoupment, defense or other claim, right
or action which the Corporation may have against the Executive or others. In no
event shall the Executive be obligated to seek other employment or take any
other action by way of mitigation of the amounts payable to the Executive under
any of the provisions of this Agreement and, except as provided in Section
5(A)(3) above, such amounts shall not be reduced whether or not the Executive
obtains other employment.

8.       CERTAIN ADDITIONAL PAYMENTS BY THE CORPORATION.

         (A)      Anything in this Agreement to the contrary notwithstanding and
except as set forth below, in the event it shall be determined that any Payment
would be subject to the Excise Tax, then the Executive shall be entitled to
receive an additional payment (the "Gross-Up Payment") in an amount such that,
after payment by the Executive of all taxes (and any interest or penalties
imposed with respect to such taxes), including, without limitation, any income
taxes (and any interest and penalties imposed with respect thereto) and Excise
Tax imposed upon the Gross-Up Payment, the Executive retains an amount of the
Gross-Up Payment equal to the Excise Tax imposed upon the Payments.
Notwithstanding the foregoing provisions of this Section 8(A), if it shall be
determined that the Executive is entitled to the Gross-Up Payment, but that the
Parachute Value of all Payments does not exceed 110% of the Safe Harbor Amount,
then no Gross-Up Payment shall be made to the Executive and the amounts payable
under this Agreement shall be reduced so that the Parachute Value of all
Payments, in the aggregate, equals the Safe Harbor Amount. The reduction of the
amounts payable hereunder, if applicable, shall be made by first reducing the
payments under Section 5(A)(2), unless an alternative method of reduction is
elected by the Executive, and in any event shall be made in such a manner as to
maximize the Value of all Payments actually made to the Executive. For purposes
of reducing the Payments to the Safe Harbor Amount, only amounts payable under
this Agreement (and no other Payments) shall be reduced. If the reduction of the
amount payable under this Agreement would not result in a reduction of the
Parachute Value of all Payments to the Safe Harbor Amount, no amounts payable
under the Agreement shall be reduced pursuant to this Section 8(A). The
Corporation's obligation to make Gross-Up Payments under this Section 8 shall
not be conditioned upon the Executive's termination of employment.

         (B)      Subject to the provisions of Section 8(C), all determinations
required to be made under this Section 8, including whether and when a Gross-Up
Payment is required, the amount of such Gross-Up Payment and the assumptions to
be utilized in arriving at such determination, shall be made by the
Corporation's independent auditors as of the Change of Control or any earlier
date of a determination hereunder (the "Accounting Firm"). The Accounting Firm
shall provide detailed supporting calculations both to the Corporation and the
Executive within 15 busi-

                                      -14-
<PAGE>

ness days of the receipt of notice from the Executive that there has been a
Payment or such earlier time as is requested by the Corporation. In the event
that the Accounting Firm is serving as accountant or auditor for the individual,
entity or group effecting the Change of Control or the appointment of the
Accounting Firm is not permitted by law, the Executive may appoint another
nationally recognized accounting firm to make the determinations required
hereunder (which accounting firm shall then be referred to as the Accounting
Firm hereunder). All fees and expenses of the Accounting Firm shall be borne
solely by the Corporation. Any Gross-Up Payment, as determined pursuant to this
Section 8, shall be paid by the Corporation to the Executive within 5 days of
the receipt of the Accounting Firm's determination. Any determination by the
Accounting Firm shall be binding upon the Corporation and the Executive. As a
result of the uncertainty in the application of Section 4999 of the Code at the
time of the initial determination by the Accounting Firm hereunder, it is
possible that Gross-Up Payments that will not have been made by the Corporation
should have been made (the "Underpayment"), consistent with the calculations
required to be made hereunder. In the event the Corporation exhausts its
remedies pursuant to Section 8(C) and the Executive thereafter is required to
make a payment of any Excise Tax, the Accounting Firm shall determine the amount
of the Underpayment that has occurred and any such Underpayment shall be
promptly paid by the Corporation to or for the benefit of the Executive.

         (C)      The Executive shall notify the Corporation in writing of any
claim by the Internal Revenue Service that, if successful, would require the
payment by the Corporation of the Gross-Up Payment. Such notification shall be
given as soon as practicable, but no later than 10 business days after the
Executive is informed in writing of such claim. The Executive shall apprise the
Corporation of the nature of such claim and the date on which such claim is
requested to be paid. The Executive shall not pay such claim prior to the
expiration of the 30-day period following the date on which the Executive gives
such notice to the Corporation (or such shorter period ending on the date that
any payment of taxes with respect to such claim is due). If the Corporation
notifies the Executive in writing prior to the expiration of such period that
the Corporation desires to contest such claim, the Executive shall:

                  (1)      give the Corporation any information reasonably
         requested by the Corporation relating to such claim,

                  (2)      take such action in connection with contesting such
         claim as the Corporation shall reasonably request in writing from time
         to time, including, without limitation, accepting legal representation
         with respect to such claim by an attorney reasonably selected by the
         Corporation,

                  (3)      cooperate with the Corporation in good faith in order
         effectively to contest such claim, and

                  (4)      permit the Corporation to participate in any
         proceedings relating to such claim;

provided, however, that the Corporation shall bear and pay directly all costs
and expenses (including additional interest and penalties) incurred in
connection with such contest, and shall indemnify and hold the Executive
harmless, on an after-tax basis, for any Excise Tax or income tax

                                      -15-
<PAGE>

(including interest and penalties) imposed as a result of such representation
and payment of costs and expenses. Without limitation on the foregoing
provisions of this Section 8(C), the Corporation shall control all proceedings
taken in connection with such contest, and, at its sole discretion, may pursue
or forgo any and all administrative appeals, proceedings, hearings and
conferences with the applicable taxing authority in respect of such claim and
may, at its sole discretion, either pay the tax claimed to the appropriate
taxing authority on behalf of the Executive and direct the Executive to sue for
a refund or contest the claim in any permissible manner, and the Executive
agrees to prosecute such contest to a determination before any administrative
tribunal, in a court of initial jurisdiction and in one or more appellate
courts, as the Corporation shall determine; provided, however, that, if the
Corporation pays such claim and directs the Executive to sue for a refund, the
Corporation shall indemnify and hold the Executive harmless, on an after-tax
basis, from any Excise Tax or income tax (including interest or penalties)
imposed with respect to such payment or with respect to any imputed income in
connection with such payment; and provided, further, that any extension of the
statute of limitations relating to payment of taxes for the taxable year of the
Executive with respect to which such contested amount is claimed to be due is
limited solely to such contested amount. Furthermore, the Corporation's control
of the contest shall be limited to issues with respect to which the Gross-Up
Payment would be payable hereunder, and the Executive shall be entitled to
settle or contest, as the case may be, any other issue raised by the Internal
Revenue Service or any other taxing authority.

         (D)      If, after the receipt by the Executive of a Gross-Up Payment
or payment by the Corporation of an amount on the Executive's behalf pursuant to
Section 8(C), the Executive becomes entitled to receive any refund with respect
to the Excise Tax to which such Gross-Up Payment relates or with respect to such
claim, the Executive shall (subject to the Corporation's complying with the
requirements of Section 8(C), if applicable) promptly pay to the Corporation the
amount of such refund (together with any interest paid or credited thereon after
taxes applicable thereto). If, after payment by the Corporation of an amount on
the Executive's behalf pursuant to Section 8(C), a determination is made that
the Executive shall not be entitled to any refund with respect to such claim and
the Corporation does not notify the Executive in writing of its intent to
contest such denial of refund prior to the expiration of 30 days after such
determination, then the amount of such payment shall offset, to the extent
thereof, the amount of Gross-Up Payment required to be paid.

         (E)      Notwithstanding any other provision of this Section 8, the
Corporation may, in its sole discretion, withhold and pay over to the Internal
Revenue Service or any other applicable taxing authority, for the benefit of the
Executive, all or any portion of any Gross-Up Payment, and the Executive hereby
consents to such withholding.

         (F)      Definitions. The following terms shall have the following
meanings for purposes of this Section 8.

                  (1)      "Excise Tax" shall mean the excise tax imposed by
         Section 4999 of the Code, together with any interest or penalties
         imposed with respect to such excise tax.

                  (2)      "Parachute Value" of a Payment shall mean the present
         value as of the date of the change of control for purposes of Section
         280G of the Code of the portion of such Payment that constitutes a
         "parachute payment" under Section 280G(b)(2), as de-

                                      -16-
<PAGE>

         termined by the Accounting Firm for purposes of determining whether and
         to what extent the Excise Tax will apply to such Payment.

                  (3)      A "Payment" shall mean any payment or distribution in
         the nature of compensation (within the meaning of Section 280G(b)(2) of
         the Code) to or for the benefit of the Executive, whether paid or
         payable pursuant to this Agreement or otherwise.

                  (4)      The "Safe Harbor Amount" means 2.99 times the
         Executive's "base amount," within the meaning of Section 280G(b)(3) of
         the Code.

                  (5)      "Value" of a Payment shall mean the economic present
         value of a Payment as of the date of the change of control for purposes
         of Section 280G of the Code, as determined by the Accounting Firm using
         the discount rate required by Section 280G(d)(4) of the Code.

9.       CONFIDENTIAL INFORMATION.

         (A)      The Executive agrees not to disclose, either while in the
Corporation's employ or at any time thereafter, to any person not employed by
the Corporation, or not engaged to render services to the Corporation, except
with the prior written consent of an officer authorized to act in the matter by
the Board of Directors of the Corporation, any confidential information obtained
by him while in the employ of the Corporation, including, without limitation,
information relating to any of the Corporation's inventions, processes,
formulae, plans, devices, compilations of information, methods of distribution,
customers, client relationships, marketing strategies or trade secrets;
provided, however, that this provision shall not preclude the Executive from use
or disclosure of information known generally to the public or of information not
considered confidential by persons engaged in the business conducted by the
Corporation or from disclosure required by law or court order. The agreement
herein made in this Section 9(A) shall be in addition to, and not in limitation
or derogation of, any obligations otherwise imposed by law upon the Executive in
respect of confidential information and trade secrets of the Corporation, its
Subsidiaries and Affiliates.

         (B)      The Executive also agrees that upon leaving the Corporation's
employ he will not take with him, without the prior written consent of an
officer authorized to act in the matter by the Board of Directors of the
Corporation, and he will surrender to the Corporation any record, list, drawing,
blueprint, specification or other document or property of the Corporation, its
Subsidiaries and Affiliates, together with any copy and reproduction thereof,
mechanical or otherwise, which is of a confidential nature relating to the
Corporation, its Subsidiaries and Affiliates, or, without limitation, relating
to its or their methods of distribution, client relationships, marketing
strategies or any description of any formulae or secret processes, or which was
obtained by him or entrusted to him during the course of his employment with the
Corporation.

10.      COMPETITION.

         (A)      The Executive hereby agrees that he will not engage in
Competition at any time (i) during the COC Employment Period, (ii) during the
thirty-six (36) months immediately following any termination of his employment
with the Corporation that is not a Termination and (iii) in the event of a
Termination, during the twelve (12) months immediately following the

                                      -17-
<PAGE>

Termination. In addition, (1) during the thirty-six (36) months immediately
following any termination of the Executive's employment with the Corporation
that is not a Termination and (2) in the event of a Termination, during the
twelve (12) months immediately following the Termination, the Executive agrees
that he will not make or publish any statement which is, or may reasonably be
considered to be, disparaging of the Corporation or any of its Subsidiaries or
Affiliates, or directors, officers, employees or the operations or products of
the Corporation or any of its Subsidiaries or Affiliates.

         (B)      The word "Competition" for the purposes of this Agreement
shall mean:

                  (1)      taking a management position with or control of a
         business engaged in the design, development, manufacture, marketing or
         distribution of products, which constituted 15% or more of the sales of
         the Corporation and its Subsidiaries and Affiliates during the last
         fiscal year of the Corporation preceding the termination of the
         Executive's employment, in any geographical area in which the
         Corporation, its Subsidiaries or Affiliates is at the time engaging in
         the design, development, manufacture, marketing or distribution of such
         products; provided, however, that in no event shall ownership of less
         than 5% of the outstanding capital stock entitled to vote for the
         election of directors of a corporation with a class of equity
         securities held of record by more than 500 persons, standing alone, be
         deemed Competition with the Corporation within the meaning of this
         Section 10,

                  (2)      soliciting any person who is a customer of the
         businesses conducted by the Corporation, or any business in which the
         Executive has been engaged on behalf of the Corporation and its
         Subsidiaries or Affiliates at any time during the term of this
         Agreement on behalf of a business described in clause (1) of this
         Section 10(B), or

                  (3)      inducing or attempting to persuade any employee of
         the Corporation or any of its Subsidiaries or Affiliates to terminate
         his employment relationship in order to enter into employment with a
         business described in clause (1) of this Subsection 10(B).

11.      SUCCESSORS.

         Except as otherwise provided herein,

         (A)      This Agreement shall be binding upon and shall inure to the
benefit of the Executive, his heirs and Beneficiaries, and the Corporation and
its successors as provided in this Section 11.

         (B)      This Agreement shall be binding upon and inure to the benefit
of the Corporation and any successor of the Corporation, including, without
limitation, any corporation or corporations acquiring, directly or indirectly,
50% or more of the outstanding securities of the Corporation, or all or
substantially all of the assets of the Corporation, whether by merger,
consolidation, sale or otherwise (and such successor shall thereafter be deemed
embraced within the term "the Corporation" for the purposes of this Agreement),
but shall not otherwise be assignable by the Corporation.

                                      -18-
<PAGE>

12.      CERTAIN DEFINITIONS.

         The following defined terms used in this Agreement shall have the
meanings indicated:

         (A)      Beneficiary. The term "Beneficiary" as used in this Agreement
shall, in the event of the death of the Executive, mean an individual or
individuals and/or an entity or entities, including, without limitation, the
Executive's estate, duly designated on a form filed with the Corporation by the
Executive to receive any amount that may be payable after his death or, if no
such individual, individuals, entity or entities has or have been so designated,
or is at the time in existence or able to receive any such amount, the
Executive's estate.

         (B)      Change Of Control. A "Change of Control" shall mean the first
to occur of any of the following events:

                  (1)      any Person is or becomes the Beneficial Owner,
         directly or indirectly, of securities of the Corporation (not including
         in the securities Beneficially Owned by such Person any securities
         acquired directly from the Corporation or its Affiliates) representing
         20% or more of the combined voting power of the Corporation's then
         outstanding securities, excluding any Person who becomes such a
         Beneficial Owner in connection with any acquisition pursuant to a
         transaction that complies with Sections 12(B)(3)(a), 12(B)(3)(b) and
         12(B)(3)(c); or

                  (2)      the following individuals cease for any reason to
         constitute a majority of the number of directors then serving:
         individuals who, on the date of this Agreement, constitute the Board
         (the "Incumbent Board") and any new director whose appointment or
         election by the Board or nomination for election by the Corporation's
         stockholders was approved or recommended by a vote of at least
         two-thirds (2/3) of the directors then still in office who either were
         directors on the date hereof or whose appointment, election or
         nomination for election was previously so approved or recommended. For
         purposes of the preceding sentence, any director whose initial
         assumption of office is in connection with an actual or threatened
         election contest, including but not limited to a consent solicitation,
         relating to the election of directors of the Corporation, shall not be
         treated as members of the Incumbent Board; or

                  (3)      there is consummated a merger, reorganization,
         statutory share exchange or consolidation or similar corporate
         transaction involving the Corporation or any direct or indirect
         Subsidiary of the Corporation, a sale or other disposition of all or
         substantially all of the assets of the Corporation, or the acquisition
         of assets or stock of another entity by the Corporation or any of its
         Subsidiaries (each a "Business Combination"), in each case unless,
         immediately following such Business Combination, (a) the voting
         securities of the Corporation outstanding immediately prior to such
         Business Combination (the "Prior Voting Securities") continue to
         represent (either by remaining outstanding or by being converted into
         voting securities of the surviving entity of the Business

                                      -19-
<PAGE>

         Combination or any parent thereof) at least 50% of the combined voting
         power of the securities of the Corporation or such surviving entity or
         any parent thereof outstanding immediately after such Business
         Combination, (b) no Person is or becomes the Beneficial Owner, directly
         or indirectly, of securities of the Corporation or the surviving entity
         of the Business Combination or any parent thereof (not including in the
         securities Beneficially Owned by such Person any securities acquired
         directly from the Corporation or its Affiliates) representing 20% or
         more of the combined voting power of the securities of the Corporation
         or surviving entity of the Business Combination or any parent thereof,
         except to the extent that such ownership existed prior to the Business
         Combination and (c) at least a majority of the members of the board of
         directors of the Corporation or the surviving entity of the Business
         Combination or any parent thereof were members of the Incumbent Board
         at the time of the execution of the initial agreement or of the action
         of the Board providing for such Business Combination; or

                  (4)      the stockholders of the Corporation approve a plan of
         complete liquidation or dissolution of the Corporation.

Notwithstanding the foregoing, any disposition of all or substantially all of
the assets of the Corporation pursuant to a spinoff, splitup or similar
transaction (a "Spinoff") shall not be treated as a Change of Control if,
immediately following the Spinoff, holders of the Prior Voting Securities
immediately prior to the Spinoff continue to beneficially own, directly or
indirectly, more than 50% of the combined voting power of the then outstanding
securities of both entities resulting from such transaction, in substantially
the same proportions as their ownership, immediately prior to such transaction,
of the Prior Voting Securities; provided, that if another Business Combination
involving the Corporation occurs in connection with or following a Spinoff, such
Business Combination shall be analyzed separately for purposes of determining
whether a Change of Control has occurred.

"Beneficial Owner" shall have the meaning set forth in Rule 13d-3 under the
Exchange Act. "Exchange Act" shall mean the Securities Exchange Act of 1934, as
amended from time to time.

"Person" shall have the meaning given in Section 3(a)(9) of the Exchange Act, as
modified and used in Sections 13(d) and 14(d) thereof, except that such term
shall not include (i) the Corporation or any of its Subsidiaries, (ii) a trustee
or other fiduciary holding securities under an employee benefit plan of the
Corporation or any of its Affiliates, (iii) an underwriter temporarily holding
securities pursuant to an offering of such securities or (iv) a corporation
owned, directly or indirectly, by the stockholders of the Corporation in
substantially the same proportions as their ownership of stock of the
Corporation.

         (C)      Change Of Control Date. The "Change of Control Date" shall
mean the first date on which a Change of Control occurs. Anything in this
Agreement to the contrary notwithstanding, if a Change of Control occurs and if
the Executive's employment with the Corporation is terminated or the Executive
ceases to have the position with the Corporation set forth in Section 2(A) above
prior to the date on which the Change of Control occurs, and if it is reasonably
demonstrated by the Executive that such termination or cessation (i) was at the
request of a third party who has taken steps reasonably calculated to effect the
Change of Control or (ii) otherwise arose in connection with or anticipation of
the Change of Control, then for all purposes of this Agreement the "Change of
Control Date" shall mean the date immediately prior to the date of such
termination or cessation.

                                      -20-
<PAGE>

13.      AMENDMENT OR MODIFICATION; WAIVER.

         No provision of this Agreement may be amended, modified or waived
unless such amendment, modification or waiver shall be authorized by the Board
of Directors of the Corporation or any authorized committee of the Board of
Directors and shall be agreed to in writing, signed by the Executive and by an
officer of the Corporation thereunto duly authorized. Except as otherwise
specifically provided in this Agreement, no waiver by either party hereto of any
breach by the other party hereto of any condition or provision of this Agreement
to be performed by such other party shall be deemed a waiver of a subsequent
breach of such condition or provision or a waiver of a similar or dissimilar
provision or condition at the same time or at any prior or subsequent time.

14.      MISCELLANEOUS.

         (A)      This Agreement shall be governed by and construed in
accordance with the laws of the State of Ohio, without reference to principles
of conflict of laws. The captions of this Agreement are not part of the
provisions hereof and shall have no force or effect.

         (B)      All notices and other communications hereunder shall be in
writing and shall be given by hand delivery to the other party or by registered
or certified mail, return receipt requested, postage prepaid, addressed as
follows:

If to the Executive:

Michael J. Burns
10200 Blue Heron Point,
West Palm Beach, FL 33412

If to the Corporation:

Dana Corporation
4500 Dorr Street
Toledo, Ohio 43615
Attention: Secretary

or to such other address as either party shall have furnished to the other in
writing in accordance herewith. Notice and communications shall be effective
when actually received by the addressee.

         (C)      The invalidity or unenforceability of any provision of this
Agreement shall not affect the validity or enforceability of any other provision
of this Agreement.

         (D)      The Corporation may withhold from any amounts payable under
this Agreement such Federal, state or local taxes as it determines is required
to be withheld pursuant to any applicable law or regulation.

         (E)      When used herein in connection with plans, programs and
policies relating to the Executive, employees, compensation, benefits,
perquisites, executive benefits, services and simi-

                                      -21-
<PAGE>

lar words and phrases, the word "Corporation" shall be deemed to include all
wholly-owned Subsidiaries of the Corporation.

         (F)      This instrument contains the entire agreement of the parties
concerning the subject matter, and all promises, representations,
understandings, arrangements and prior agreements concerning the subject matter
are merged herein and superseded hereby; provided, however, that prior to the
COC Employment Period, the Employment Agreement shall be in full force and
effect in accordance with its terms, and provided further, however, that upon
the date that this Agreement becomes operative in accordance with Section 1(A),
the provisions of the Employment Agreement expressly referred to herein which
are intended to continue during the COC Employment Period as set forth herein
and Sections 10 (and, for purposes of this Agreement, references to "this
Agreement" in Section 10 shall mean and include references to this Agreement)
and 14 of the Employment Agreement shall be deemed to be incorporated herein as
if the Employment Agreement had remained in effect during the COC Employment
Period.

         (G)      No right, benefit or interest hereunder, shall be subject to
anticipation, alienation, sale, assignment, encumbrance, charge, pledge,
hypothecation, or set-off in respect of any claim, debt or obligation, or to
execution, attachment, levy or similar process, or assignment by operation of
law. Any attempt, voluntary or involuntary, to effect any action specified in
the immediately preceding sentence shall, to the full extent permitted by law,
be null, void and of no effect.

         (H)      The Executive shall not have any right, title, or interest
whatsoever in or to any investments which the Corporation may make to aid it in
meeting its obligations under this Agreement.

         (I)      Subject to the provisions of Section 5(E) above, all payments
to be made under this Agreement shall be paid from the general funds of the
Corporation and no special or separate fund shall be established and no
segregation of assets shall be made to assure payment of amounts payable under
this Agreement.

         (J)      The Corporation and the Executive recognize that each party
will have no adequate remedy at law for breach by the other of any of the
agreements contained in this Agreement and, in the event of any such breach, the
Corporation and the Executive hereby agree and consent that the other shall be
entitled to a decree of specific performance, mandamus or other appropriate
remedy to enforce performance of such agreements.

         (K)      Subject to the provisions of Section 5(E) above, nothing
contained in this Agreement shall create or be construed to create a trust of
any kind, or a fiduciary relationship between the Corporation and the Executive
or any other person.

         (L)      Subject to the provisions of Section 5(E) above, to the extent
that any person acquires a right to receive payments from the Corporation under
this Agreement, except to the extent provided by law such right shall be no
greater than the right of an unsecured general creditor of the Corporation.

         (M)      In the event of the Executive's death or a judicial
determination of his incompetence, reference in this Agreement to the Executive
shall be deemed, where appropriate, to refer to his legal representative or,
where appropriate, to his Beneficiary.

                                      -22-
<PAGE>

         (N)      If any event provided for in this Agreement is scheduled to
take place on a legal holiday, such event shall take place on the next
succeeding day that is not a legal holiday.

         (O)      This Agreement is not intended to and shall not infer or imply
any right on the part of the Executive to continue in the employ of the
Corporation, or any Subsidiary or Affiliate of the Corporation, prior to a
Change of Control, and is not intended in any way to limit the right of the
Corporation to terminate the employment of the Executive, with or without
assigning a reason therefor, at any time prior to a Change of Control. Nor is
this Agreement intended to nor shall it require or imply an obligation on the
part of the Executive to continue in the employment of the Corporation, or any
Subsidiary or Affiliate of the Corporation, prior to a Change of Control.
Neither the Corporation nor the Executive shall incur any liability under this
Agreement if the employment of the Executive shall be terminated by the
Corporation or by the Executive prior to a Change of Control.

                                      -23-
<PAGE>

         IN WITNESS WHEREOF, the Executive and, pursuant to due authorization
from its Board of Directors, the Corporation have caused this Agreement to be
executed as of the day and year first above written.

                                             DANA CORPORATION

                                             By: /s/ G. H. Hiner
                                                 ---------------
                                                 Chairman

                                             M. J. Burns
                                             -----------
                                             Executive

                                      -24-
<PAGE>

                             Exhibit A to Agreement
                       Made as of February 3, 2004 Between
                      Dana Corporation and Michael J. Burns

              As of [      ], 2004, for purposes of Section 2(A),

         The office(s) and title(s) of the Executive are President and Chief
Executive Officer of the Corporation;

         the reporting responsibility of the Executive is to report directly to
the Chairman of the Board of Directors (or acting Chairman of the Board of
Directors); and

         the duties and responsibilities of the Executive are:

                           Serves as the President and Chief Executive Officer
                  of the Corporation, in which capacity he has overall
                  responsibility for the development and implementation of the
                  Corporation's business strategy.

                           Serves as a member of the Policy Committee (or its
                  equivalent) which sets the corporate style, strategies,
                  policies and goals that business operations of the Corporation
                  are responsible for in their performance.

                           Serves as a member of the World Operating Committee
                  (or its equivalent) which monitors business unit performance,
                  implements product strategies, and takes corrective action in
                  the event of non-performance in the areas of meeting financial
                  goals and implementation of market strategies, and ensures
                  interaction between divisions and affiliates.

                           Serves as a member of the Strategic Operating
                  Committee (or its equivalent) which reviews and approves
                  business strategy along with monitoring business unit
                  performance.

<PAGE>

                             Exhibit B To Agreement
                       Made As Of February 3, 2004 Between
                      Dana Corporation And Michael J. Burns

                            FORM OF RELEASE AGREEMENT

         This Release Agreement ("Release") is entered into as of this ______day
of ________, hereinafter "Execution Date", by and between [Executive Full Name]
(hereinafter "Executive"), and [Employer Full Name] and its successors and
assigns (hereinafter, the "Corporation"). The Executive and the Corporation are
sometimes collectively referred to as the "Parties".

1.       The Executive's employment with the Corporation is terminated effective
         [Month, Day, Year] (hereinafter "Termination Date"). The Corporation
         agrees to provide the Executive the severance benefits provided for in
         his Change of Control Agreement with the Corporation, dated as of [ ]
         (the "Agreement"), after he executes this Release and the Release
         becomes effective pursuant to its terms and does not revoke it as
         permitted in Section 4 below, the expiration of such revocation period
         being the "Effective Date".

2.       Executive represents that he has not filed, and will not file, any
         complaints, lawsuits, administrative complaints or charges relating to
         his employment with, or resignation from, the Corporation; provided,
         however, that nothing contained in  this Section 2 shall prohibit
         Executive from bringing a claim to challenge the validity of the ADEA
         Release in Section 4 herein. In consideration of the benefits described
         in Section 1, for himself and his heirs, administrators,
         representatives, executors, successors and assigns (collectively,
         "Releasers"), Executive agrees to release the Corporation, its
         subsidiaries, affiliates, and their respective parents, direct or
         indirect subsidiaries, divisions, affiliates and related companies or
         entities, regardless of its or their form of business organization, any
         predecessors, successors, joint ventures, and parents of any such
         entity, and any and all of their respective past or present
         shareholders, partners, directors, officers, employees, consultants,
         independent contractors, trustees, administrators, insurers, agents,
         attorneys, representatives and fiduciaries, including without
         limitation all persons acting by, through, under or in concert with any
         of them (collectively, the "Released Parties"), from any and all
         claims, charges, complaints, causes of action or demands relating to
         his employment or termination of employment that Executive and his
         Releasers now have or have ever had against the Released Parties,
         whether known or unknown. This Release specifically excludes claims,
         charges, complaints, causes of action or demand that (a) post-date the
         Termination Date, (b) relate to unemployment compensation claims, (c)
         involve rights to benefits in which Executive is vested as of the
         Termination Date under any employee benefit plans and arrangements of
         the Corporation, (d) relate to claims for indemnification by Executive,
         or (e) involve obligations owed to Executive by the Corporation under
         the Agreement.

3.       The Corporation, on its own behalf and on behalf of the Released
         Parties, hereby releases Executive from all claims, causes of actions,
         demands or liabilities which arose against the Executive on or before
         the time it signs this Agreement, whether known or unknown. This
         Paragraph, however, does not apply to or adversely affect any claims
         against Execu-

<PAGE>

         tive which allege or involve obligations owed by him to the Corporation
         under the Agreement. The Corporation will indemnify Executive for
         reasonable attorneys' fees, costs and damages which may arise in
         connection with any proceeding by the Corporation or any Released Party
         which is inconsistent with this Release by the Corporation and the
         Released Parties.

4.       In further recognition of the above, Executive hereby voluntarily and
         knowingly waives all rights or claims that he may have against the
         Released Parties arising under the Age Discrimination in Employment Act
         of 1967, as amended ("ADEA"), other than any such rights or claims that
         may arise after the date of execution of this Release. Executive
         specifically agrees and acknowledges that: (A) the release in this
         Section 4 was granted in exchange for the receipt of consideration that
         exceeds the amount to which he would otherwise be entitled to receive
         upon termination of his employment; (B) he has hereby been advised in
         writing by the Corporation to consult with an attorney prior to
         executing this Release; (C) the Corporation has given him a period of
         up to twenty-one (21) days within which to consider this Release, which
         period shall be waived by the Executive's voluntary execution prior to
         the expiration of the twenty-one day period, and he has carefully read
         and voluntarily signed this Release with the intent of releasing the
         Released Parties to the extent set forth herein; and (D) following his
         execution of this Release he has seven (7) days in which to revoke his
         release as set forth in this Section 4 only and that, if he chooses not
         to so revoke, the Release in this Section 4 shall then become effective
         and enforceable and the payment listed above shall then be made to him
         in accordance with the terms of this Release. To cancel this Release,
         Executive understands that he must give a written revocation to the
         General Counsel of the Corporation at [ ](1), either by hand delivery
         or certified mail within the seven-day period. If he rescinds the
         Release, it will not become effective or enforceable and he will not be
         entitled to any severance benefits from the Corporation.

5.       If any provision of this Release is held invalid, the invalidity of
         such provision shall not affect any other provisions of this Release.
         This Release is governed by, and construed and interpreted in
         accordance with the laws of the State of Ohio, without regard to
         principles of conflicts of law. Executive consents to venue and
         personal jurisdiction in the State of Ohio for disputes arising under
         this Release. This Release represents the entire understanding between
         the Parties with respect to subject matter herein, and no other
         inducements or representations have been made or relied upon by the
         Parties. This Release shall be binding upon and inure to the benefit of
         Executive, his heirs and legal representatives, and the Corporation and
         its successors as provided in this Section 5. Any modification of this
         Release must be made in writing and be signed by Executive and the
         Corporation.

ACCEPTED AND AGREED TO:

___________________________                ____________________________
[Employer Full Name]                       [Executive Full Name]

(1)      INSERT ADDRESS.

<PAGE>

Dated:____________________________     Dated:__________________________

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