Document:

Separation of Employment and General Release Agreement

 Exhibit 10.6 

SEPARATION OF EMPLOYMENT 

AND GENERAL RELEASE AGREEMENT 

This Separation of Employment and General Release Agreement (“Agreement”) is made and entered into by and between John C. Ferrara, for himself
and his heirs, executors, administrators and assigns (hereinafter “Mr. Ferrara”), and EDGAR Online Inc. (hereinafter “EDGAR” or “the Company”), for itself and its successors and assigns, as follows: 

WHEREAS, Mr. Ferrara has been employed by EDGAR as the Company’s Chief Financial Officer; 

WHEREAS, Mr. Ferrara will resign from EDGAR on March 31, 2010 (the “Resignation Date”); 

WHEREAS, through this Agreement, EDGAR will provide Mr. Ferrara with consideration, and Mr. Ferrara will provide EDGAR with
consideration, for which Mr. Ferrara and EDGAR agree to undertake the obligations set forth in this Agreement, including executing the Mutual Release attached hereto as Exhibit A (“the Mutual Release”); 

IT IS HEREBY AGREED by and between Mr. Ferrara and EDGAR as follows: 

1. Mr. Ferrara will resign from EDGAR on the Resignation Date. Mr. Ferrara acknowledges that, as of the Resignation Date, his
employment relationship, including any and all officer and director positions, has been permanently and irrevocably severed and that the Company has no obligation, contractual or otherwise, to hire, re-hire or re-employ him in the future.

 2. Mr. Ferrara will execute and deliver to Edgar the Mutual Release after the Resignation Date, on or before
April 2, 2010. Mr. Ferrara also acknowledges that EDGAR’s obligations under the Agreement, including the consideration in Paragraph 4, are contingent upon his timely execution of the Mutual Release. 

3. EDGAR will execute and deliver to Mr. Ferrara the Mutual Release on the same date and at the same time that Mr. Ferrara
delivers the Mutual Release to EDGAR pursuant to Paragraph 2. EDGAR agrees that if it fails to make timely payment of its obligations under Paragraph 4(a), it will pay Mr. Ferrara within five (5) business days of a notice by Ferrara to
EDGAR of a breach of Paragraph 4(a), $225,000, if such notice is delivered on or before August 30, 2010, or $200,000, if such notice is delivered after August 30, 2010, less any amounts already paid pursuant to Paragraph 4(a)
(collectively, the “Payment Amount”),. EDGAR acknowledges that the Payment Amount is a reasonable measure of Mr. Ferrara’s anticipated harm from a breach of Paragraph 4(a), and EDGAR further agrees that it shall not contend that
the Payment Amount the pursuant to this Paragraph in the event of its breach of Paragraph 4(a) is not enforceable. Payment of the Payment Amount pursuant to this Paragraph shall be in lieu of any remaining payments owed under Paragraph 4(a), but all
other rights of Mr. Ferrara and EDGAR under this Agreement shall remain in effect. 
 4. EDGAR, for and in consideration of
the undertakings of Mr. Ferrara, and intending to be legally bound, agrees to: 
  

	 	a.	Pay Mr. Ferrara a gross amount of $18,750 a month for a period of 10 months (“the Payment Period”), totaling $187,500. Payments made during the Payment
Period will be subject to applicable tax withholdings, and will be made through EDGAR’s regularly scheduled payroll, beginning with the first payroll cycle after Mr. Ferrara executes the Release. 

 

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	 	b.	Continue Mr. Ferrara’s health and dental benefits during the Payment Period at the rates Mr. Ferrara is currently paying for those benefits.

  

	 	c.	The vesting of Mr. Ferrara’s stock options as follows: 

  

	 	i.	Mr. Ferrara owns unvested options to purchase 76,666 shares of EDGAR’s common stock. Options to purchase 50,000 of said shares will vest during the Exercise
Period as follows: 

  

								
	1.	  	 Grant Date
	  	Option Price	  	Options to Vest
				
		  	2/2/09	  	$	1.01	  	33,333
		  	6/23/08	  	$	1.76	  	16,667
		  	Total	  			  	50,000

  

	 	2.	The “Exercise Period” for these options is defined as the shorter of (a) five (5) years from the Resignation Date; and (b) the period for which
the options would have been exercisable had Mr. Ferrara not resigned from the Company. 

  

	 	ii.	Mr. Ferrara’s options to purchase the remaining 26,666 shares will terminate on the Resignation Date. These options are as follows: 

 

								
	1.	  	 Grant Date
	  	Option Price	  	Options to Vest
				
		  	6/23/08	  	$	1.76	  	9,999
		  	3/3/08	  	$	2.69	  	16,667
		  	Total	  			  	26,666

 5. Except as set
forth herein, it is expressly agreed and understood that EDGAR will not have any obligation to provide Mr. Ferrara at any time in the future with any payments, benefits or considerations other than those recited in Paragraphs 4(a) - 4(c).

 6. To the extent permitted by applicable law, all rights of Mr. Ferrara for indemnification that existed on the day
before the Resignation Date, shall continue on and after the Resignation Date. 
 7. Mr. Ferrara and EDGAR acknowledge that
the Agreement by Mr. Ferrara and EDGAR, described herein, is not and shall not be construed to be an admission by either of them of any violation of any federal, state or local statute or regulation, or of any duty owed by Mr. Ferrara or
by EDGAR, and that this Agreement is made voluntarily to provide an amicable conclusion of Mr. Ferrara’s employment relationship with the Company. 
  

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 8. Mr. Ferrara covenants that, on or before the Resignation Date, he will return all
items of property and documents in his possession belonging to EDGAR, provided that, Mr. Ferrara may retain the laptop computer that EDGAR provided to him after he provides the Company with an opportunity at its expense to remove
all company software and data from such computer. 
 9. Mr. Ferrara agrees that he shall not make any critical, negative or
disparaging statement, either written or verbal, about EDGAR, its officers, directors, managers, employees, shareholders, or affiliates, or about the Company’s operations procedures, activities, services, policies and practices. EDGAR agrees
that it shall not, directly or indirectly, make any critical, negative, or disparaging statements about Mr. Ferrara. 
 10.
Mr. Ferrara represents that he has not filed any claims, complaints, grievances, or charges against EDGAR in any forum or with any agency whatsoever. Mr. Ferrara agrees that he will cooperate with EDGAR and its subsidiaries or affiliates
in any proceedings against the Company about which he may have knowledge of the facts involved. Mr. Ferrara further agrees that he will make himself available voluntarily to discuss and testify regarding facts known to him and his knowledge
regarding any proceedings against EDGAR. EDGAR shall reimburse Mr. Ferrara for any reasonable expenses incurred and provide Mr. Ferrara with reasonable compensation for time spent in connection with his cooperation upon the submission of
appropriate documentation of said expenses and time, provided that, EDGAR shall reimburse expenses but not otherwise compensate Mr. Ferrara for the time that such cooperation calls for Mr. Ferrara to provide sworn oral
testimony. 
 11. Mr. Ferrara agrees as follows: 

 

	 	a.	That for a period of ten (10) months from the Resignation Date, he will not directly or indirectly contact, solicit or direct any person, firm, or corporation to
contact or solicit, any of EDGAR’s customers, prospective customers, or business partners for the purpose of selling or attempting to sell any products and/or services that are the same or substantially similar to the products and services
provided by EDGAR to its customers during Mr. Ferrara’s employment with the Company. In addition, Mr. Ferrara agrees that he will not disclose the identity of any such business partners, customers, or prospective customers, or any
part thereof, to any person, firm, corporation, association, or other entity for any reason or purpose whatsoever. 

  

	 	b.	That for a period of ten (10) months from the Resignation Date, he will not directly or indirectly engage or carry on in any manner (including, without limitation,
as principal, shareholder, partner, lender, agent, employee, consultant, investor—other than a passive investor with less than a 5% interest—trustee or through the agency of any corporation, partnership, limited liability company, or
association) in any business that is in competition with the business of the Company, and has an office located within one hundred fifty (150) miles of the Company’s New York City Office. 

 

	 	c.	That for a period of ten (10) months from the Resignation Date, he will not solicit on his own behalf or on behalf of any other person the services of any person
who is an employee of EDGAR, or solicit any of EDGAR’s employees to terminate employment with the Company. 

  

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 12. Mr. Ferrara agrees that his obligations under this Agreement, including his
obligations under Paragraph 11, are reasonable in subject matter, scope, geography and time, and are reasonable and necessary for EDGAR to protect its legitimate business interests. Mr. Ferrara further agrees that these obligations shall not
prevent him from pursuing or obtaining other employment or earning a living utilizing his skills, education, experience and knowledge. 

13. Mr. Ferrara agrees: 
  

	 	a.	That he will not disclose to any party any CONFIDENTIAL INFORMATION, as that term is defined in the EDGAR Employee Confidentiality Agreement Mr. Ferrara executed,
nor shall he use any such information, directly or indirectly, for the benefit of himself or any third party. 

  

	 	b.	To abide by his prior agreement to (1) assign to EDGAR any and all INTELLECTUAL PROPERTY, as that term is defined in the EDGAR Employee Confidentiality Agreement
Mr. Ferrara executed, that he made or developed during his employment with the Company; and (2) to promptly deliver to Philip Moyer all electronic data, computer programs, papers, drawings, models and other material relating to any
INTELLECTUAL PROPERTY that Mr. Ferrara made or developed during his employment with the Company. 

 14.
Mr. Ferrara and EDGAR hereby certify that he and it: 
  

	 	a.	has read the terms of this Agreement; 

  

	 	b.	has been informed, through this document, that he or it should discuss this Agreement with an attorney of his or its own choice and has had the opportunity to do so;

  

	 	c.	understands the terms and effects of this Agreement; 

  

	 	d.	has been provided with copies of any and all Company documents which he or it wishes to review in advance of signing this Agreement; 

 

	 	e.	through this Agreement, will receive substantial consideration for which he or it agrees to undertake the obligations set forth in this Agreement and the attached
Mutual Release; 

  

	 	f.	has the intention of releasing all claims recited in the Mutual Release in exchange for the consideration described herein, which he and it acknowledge as adequate and
satisfactory to him and it; 

  

	 	g.	neither EDGAR nor any of its agents, representatives or attorneys has made any representations to Mr. Ferrara concerning the terms or effects of this Agreement
other than those contained herein; and 

  

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	 	h.	neither Mr. Ferrara nor any of his agents, representatives or attorneys has made any representations to EDGAR concerning the terms or effects of this Agreement
other than those contained herein. 

 15. This Agreement shall be governed by, and interpreted under, the laws of
the State of Connecticut without giving effect to any conflict of laws provisions or canons of construction that construe agreements against the draftsperson. 

16. Mr. Ferrara acknowledges that he has been given twenty-one (21) days to review and consider the Agreement and Mutual
Release before signing them. 
 17. Mr. Ferrara acknowledges that he has the right to revoke the
Agreement and Release for a period of seven (7) days following the execution of the Mutual Release (“the Revocation Period”) by sending written notice, within said seven (7) day period, to Justin Chairman, Morgan,
Lewis & Bockius LLP, 1701 Market Street, Philadelphia, PA 19103. If Mr. Ferrara exercises this right to revoke, the Agreement and the Mutual Release will become null and void, and neither Mr. Ferrara nor EDGAR shall have any
obligations thereunder. Because of this Revocation Period, EDGAR and Mr. Ferrara agree that the Agreement and Release will be “effective” on the
8th day after execution of the Release, provided that
Mr. Ferrara does not timely deliver to EDGAR written notice of his revocation. 
 18. The parties affirm that the terms
stated herein are the only consideration for signing this Agreement, and that no other representations, promises, or agreements of any kind have been made to them by any person or entity whatsoever to cause them to sign this Agreement. 

19. The parties agree that if any provision, or portion of a provision, of this Agreement is, for any reason, held to be unenforceable,
the remaining provisions of this Agreement will remain in full force and effect and will not be affected by the invalid or unenforceable provision and will be interpreted so as to effect, as closely as possible, the intent of the parties hereto.

 20. This Agreement may be executed in counterparts, each of which shall be deemed an original but all of which shall
constitute one and the same instrument. 
 IN WITNESS WHEREOF, and intending to be legally bound hereby, the parties have executed the foregoing
Agreement on the dates set forth below. 
  

					
	Dated: March19, 2010	 	 /s/ John Ferrara

		 	John Ferrara
		
	Dated: March19, 2010	 	EDGAR Online, Inc.
			
		 	BY:	 	 /s/ Philip Moyer

		 		 	Philip Moyer

  

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 EXHIBIT A 

 

 6 

 MUTUAL RELEASE 

1. Mr. Ferrara agrees that, in exchange for the consideration set forth in Paragraphs 3 and 4 of the Agreement, he releases and
forever discharges, to the maximum extent permitted by law, EDGAR and each of the other “Releasees” as defined below, from any and all claims, causes of action, complaints, grievances, lawsuits or liabilities of any kind (collectively,
“Claims”) as described below which Mr. Ferrara, his heirs, agents, administrators or executors have or may have against EDGAR or any of the other Releasees relating in any way to his employment with or the termination of his
employment from EDGAR, or any actions taken or business conducted by EDGAR prior to the date of this Release, , but excepting Claims with respect to vested benefits under the Company’s 401-(k) plan and Claims under the Separation of
Employment and General Release Agreement (the “Separation Agreement”). 
 a. By agreeing to this Release,
Mr. Ferrara agrees that he is waiving, to the maximum extent permitted by law, any and all Claims relating in any way to his employment with or the termination of his employment from EDGAR, or any actions taken or business conducted by EDGAR
prior to the date of this Release, but excepting Claims with respect to vested benefits under the Company’s 401-(k) plan and Claims under the Separation Agreement, , including but not limited to the following: 

 

	 	i.	any Claims having anything to do with Mr. Ferrara’s employment with EDGAR and/or any of its parent, subsidiary, related and/or affiliated companies;

  

	 	ii.	any Claims having anything to do with the separation of Mr. Ferrara’s employment with EDGAR and/or any of its parent, subsidiary, related and/or affiliated
companies; 

  

	 	iii.	any Claims for unpaid or withheld wages, severance, benefits, bonuses, commissions and/or other compensation of any kind; 

 

	 	iv.	any Claims for reimbursement of expenses of any kind; 

  

	 	v.	any Claims for attorneys’ fees or costs; 

  

	 	vi.	any Claims under the Employee Retirement Income Security Act (“ERISA”); 

 

	 	vii.	 any Claims of discrimination and/or harassment based on age, sex, race, religion, color, creed, disability, handicap, citizenship, national origin,
ancestry, sexual orientation, or any other factor protected by Federal, State or Local law as enacted or amended, including, but not limited to, Title VII of the Civil Rights Act of 1964, 42 U.S.C. § 2000e; the Civil Rights Act of 1866, the Age
Discrimination in Employment Act, 29 U.S.C. § 621 (including the Older Worker’s Benefit Protection Act); the Americans with Disabilities Act of 1990, 42 U.S.C. § 12101; the Rehabilitation Act of 1973, 29 U.S.C. § 701; the Family
and Medical Leave Act, 29 U.S.C. § 2601; the Equal Pay Act, the Workers Adjustment and Retraining Notification Act, 29 U.S.C. § 2101, the New York Human Rights Law, the New York Labor Law, the New York Executive Law, the New York Wage and
Hour Laws, the New York Civil Rights Law, the Connecticut 

  

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Fair Employment Practices Act, the Connecticut Unfair Trade Practices Act, the Connecticut Wage Hour and Wage Payment Laws, the Connecticut Family and Medical Leave Act, each as amended, the
common law of the State of Connecticut and the State of New York. 

  

	 	viii.	any Claims under the Sarbanes-Oxley Act; 

  

	 	ix.	any Claims for violation of public policy; 

  

	 	x.	any whistleblower or retaliation Claims; 

  

	 	xi.	any Claims for emotional distress or pain and suffering; and/or 

  

	 	xii.	any other statutory, regulatory, common law or other Claims of any kind, including, but not limited to, Claims for breach of contract, libel, slander, fraud, wrongful
discharge, promissory estoppel, equitable estoppel and misrepresentation. 

 b. The term “Releasees”
includes: EDGAR and any parent, subsidiary, related or affiliated companies, and each of their past and present employees, officers, directors, attorneys, owners, shareholders, insurers, partners, benefit plan fiduciaries and agents, and all of
their respective successors and assigns. 
 c. This Release includes all Claims known or unknown by Mr. Ferrara, those that
he may have already asserted or raised, as well as those that he has never asserted or raised. 
 2. EDGAR, on behalf of itself,
parents, subsidiaries, affiliates, officers, directors, agents, employees, successors and assigns, agrees that it fully and forever waives, releases, acquits and discharges Mr. Ferrara, and his heirs, successors and assigns, from any and all
claims, actions, charges, complaints, grievances and causes of action of whatever nature, whether now known or unknown, that exist or may in the future exist arising from or relating to events, acts or omissions from the beginning of time until the
date Mr. Ferrara signs this Release, but excepting Claims with respect to vested benefits under the Company’s 401-(k) plan and Claims under the Separation Agreement. 

 

									
	Dated:	 	  
	 		 	  

		 		 		 	John Ferrara
				
	 Dated:
	 	  
	 		 	EDGAR Online, Inc.
					
		 		 		 	BY:	 	  

		 		 		 		 	Philip Moyer

  

 8Settlement Agreement dated as of March 17, 2010

 EXHIBIT 10.2 

In re Cooper-Standard Holdings Inc. 

Agreement Concerning Terms and Conditions of a Compromise and Settlement 

This Settlement Agreement dated as of March 17, 2010 (the “Agreement”) is entered into by and among Cooper-Standard
Holdings Inc. (“Holdings”), Cooper-Standard Automotive Inc. (“CSA”) and Cooper-Standard Automotive Canada Limited (“CSA Canada,” and together with Holdings and CSA, “Defendants”),
the Official Committee of Unsecured Creditors of Holdings et al. (the “Creditors’ Committee”) and Cooper Tire & Rubber Company (“Plaintiff,” and together with Defendants and the Creditors’
Committee, the “Parties”). 
 WHEREAS, on September 16, 2004, Plaintiff, Cooper Tyre & Rubber
Company UK Limited (“Cooper Tyre UK” and, together with Plaintiff, the “Sellers”) and CSA Acquisition Corp. (n/k/a Holdings), entered into that certain Stock Purchase Agreement (the “Stock Purchase
Agreement”), as amended on December 3, 2004, pursuant to which Holdings acquired (the “Acquisition”) the capital stock of CSA and certain other companies listed therein (the “Sold Companies”) on
December 23, 2004 (the “Closing Date”); 
 WHEREAS, pursuant to the Stock Purchase Agreement, in addition
to the Final Purchase Price (as defined therein) paid at or about the time of the Acquisition, Holdings is obligated to remit to the Sellers certain tax refunds attributable to taxable periods (or portions thereof) ending on or prior to the Closing
Date; 
 WHEREAS, the value of the Sold Companies has diminished significantly since the date of the Stock Purchase Agreement,
and, as a result of such diminution in value, Holdings asserts that the amount of the tax refunds required to be remitted exceeds the value of the Sold Companies held by Holdings and that Holdings is financially unable to remit such tax refunds in
the amount required by the Stock Purchase Agreement; 
 WHEREAS, pursuant to the Stock Purchase Agreement, Plaintiff is
obligated to indemnify Holdings and its affiliates for all taxes imposed on or payable with respect to the Sold Companies and their direct and indirect majority or wholly-owned subsidiaries attributable to taxable periods (or portions thereof)
ending on or prior to the Closing Date; 
 WHEREAS, on August 3, 2009, Holdings and each of its direct and indirect
wholly-owned U.S. subsidiaries (collectively with Holdings, the “Debtors”) filed voluntary petitions for relief under Chapter 11 of Title 11 of the United States Code (the “Bankruptcy Code”) in the United States
Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”). The Debtors’ Chapter 11 Cases (the “Chapter 11 Cases”) are being jointly administered under Case No. 09-12743 (PJW); 

WHEREAS, on August 4, 2009, CSA Canada, an indirect wholly-owned subsidiary of CSA, sought relief under the Companies’
Creditors’ Arrangement Act (“CCAA”) in the Ontario Superior Court of Justice (the “Canadian Court”) in Toronto, Ontario, Canada (the “CCAA Proceeding”); 

 WHEREAS, on August 19, 2009, Plaintiff filed the adversary proceeding, captioned
Cooper Tire & Rubber Company v. Cooper-Standard Holdings, Inc. et al, Adv. Proc. No. 09-52014 (PJW) (the “Cooper Tire Adversary Proceeding”), against Holdings and CSA seeking payment of an income tax refund
received by CSA Canada in the approximate amount of CAD $80 million from the Canada Revenue Agency (the “Canadian Tax Refund”) and, among other things, a declaratory judgment that the Canadian Tax Refund and any additional income
tax refunds received by CSA Canada from the Ontario provincial government (the “Anticipated Canadian Tax Refund,” and together with the Canadian Tax Refund, the “Tax Refunds”) is property of Plaintiff pursuant to
the Stock Purchase Agreement; 
 WHEREAS, on September 29, 2009, the Canadian Court in the CCAA Proceeding issued an order
(the “Canadian Tax Order”) (i) lifting the stay in the CCAA Proceeding so that Plaintiff could commence proceedings against CSA Canada in the Bankruptcy Court and (ii) requiring that CSA Canada segregate any forthcoming
tax refunds until further order of the Canadian Court; 
 WHEREAS, on October 5, 2009, Plaintiff filed an amended complaint
in the Cooper Tire Adversary Proceeding adding CSA Canada as a defendant in the proceedings; 
 WHEREAS, on January 6,
2010, Plaintiff and Defendants each filed a motion for summary judgment in the Cooper Tire Adversary Proceeding, and the Creditors’ Committee filed a memorandum in support of Defendants’ motion; 

WHEREAS, by letter dated January 29, 2010, the Bankruptcy Court advised the parties in the Cooper Tire Adversary Proceeding that it
intended to schedule a trial on the merits; 
 WHEREAS, the Parties now wish to settle all of the outstanding claims,
litigations, objections, demands, debts, and obligations between the Parties directly or indirectly arising out of or in any manner relating to the Cooper Tire Adversary Proceeding on the terms and conditions set forth herein; 

WHEREAS, the Parties believe that the terms of this Agreement and the compromise and settlement embodied herein are fair and reasonable
and are in the best interest of each of the Parties. 
 NOW, THEREFORE, in consideration of the mutual covenants and agreements
set forth in this Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, each of the Parties hereby agrees as follows: 

 

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 1. Payment of Cash Consideration. Within three (3) business days of the entry of
an order authorizing and approving this Agreement becoming a final order no longer subject to appeal (the “Settlement Effective Date”), Defendants shall pay to Plaintiff, by wire transfer, $17,639,080.98 in cash (the “Cash
Consideration”), pursuant to the following wiring instructions: 
  

			
	 Beneficiary Name:
	  	
		
	 Beneficiary Acct. No.:
	  	
		
	 Beneficiary Bank Name:
	  	
		
	 Beneficiary Bank ABA:
	  	

 2. Surgoinsville Lease Guaranty. 

A. Letter of Credit. On the date that is the earlier of the following (the “Cooper Tire L/C Deadline”):
(i) seventy-five (75) days from the Settlement Effective Date or (ii) the effective date of Defendants’ Chapter 11 plan (the “Plan”) in the Chapter 11 Cases (the “Plan Effective Date”),
Defendants shall have caused Deutsche Bank Trust Company Americas, Bank of America, N.A., or another commercial bank reasonably acceptable to Plaintiff and Defendants, to issue an unconditional, irrevocable letter of credit, in customary form for
letters of credit for this type (reasonably satisfactory to Plaintiff and Defendants), with automatic renewal and drawing conditions substantially as set forth on the attached Exhibit A (or as such terms are otherwise reasonably satisfactory to
Plaintiff and Defendants) in the initial stated amount of $7 million (the “Cooper Tire L/C”), which may be drawn upon, one or more times, by Plaintiff only: (a) if the Cooper Tire L/C has not been renewed for at least a 1-year
period in accordance with its terms (unless, as a result of any notice of non-renewal received in connection therewith, Defendants cause a replacement letter of credit with identical substantive terms as the then-existing Cooper Tire L/C to be
issued by a different commercial bank reasonably acceptable to Plaintiff not less than 30 days prior to the expiry date of the then-existing Cooper Tire L/C); or (b) to reimburse Plaintiff for any amounts that Plaintiff has paid (prior to or
concurrently with such draw) on account of, and pursuant to, that certain Guaranty, dated as of October 1, 1996 (the “Surgoinsville Lease Guaranty”), between Plaintiff, as successor to Siebe Inc., and Bank of New York, as
successor to United States Trust Company; provided, however, that (i) prior to Defendants obtaining the Cooper Tire L/C, if Plaintiff hereafter pays any amounts on account of, and pursuant to, the Surgoinsville Lease Guaranty,
Plaintiff shall have an allowed administrative expense priority in the Chapter 11 Cases for the amounts so paid, which shall be paid promptly upon demand, and the Cooper Tire L/C shall be reduced by the amount of such administrative expense claim
for which Plaintiff has received payment and (ii) in the case where the Cooper Tire L/C is issued prior to the Plan Effective Date, at the request of Defendants after the occurrence of the Plan Effective Date, Plaintiff agrees to cooperate with
Defendants in a commercially reasonable manner in having a replacement letter of credit issued by the letter of credit issuer under the Defendants’ exit working capital facility (which issuer would be Bank of America, N.A., or another
commercial bank reasonably acceptable to Plaintiff), it being understood that such replacement letter of credit would contain identical substantive terms as the then-existing Cooper Tire L/C, and that if such replacement letter of credit (or any
replacement letter of credit otherwise specified in this clause A(b)(ii)) contains non-identical substantive terms, Defendants shall reimburse Plaintiff for the amount of any reasonable and documented attorneys’ fees incurred by Plaintiff
reviewing the replacement letter of credit. On each yearly anniversary of the date of the issuance of the Cooper Tire L/C, the aggregate principal amount of the Cooper Tire L/C shall (by its terms) be automatically reduced by $1 million until such
time that the Cooper Tire L/C has been reduced to zero (0) dollars and, upon such time, the Cooper Tire L/C, and Defendants’ obligations thereunder, shall cease to exist and be terminated. To the extent that the Cooper Tire L/C is not
issued prior to the confirmation of the Plan, the Plan shall obligate Defendants to have issued the Cooper Tire L/C on the Plan Effective Date, and a condition precedent to the occurrence of the Plan Effective Date shall be the issuance of the
Cooper Tire L/C in favor of Plaintiff. 
  

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 B. Release of Guaranty. Prior to the Cooper Tire L/C Deadline, Defendants shall seek
to obtain an unconditional release of Plaintiff’s obligations under the Surgoinsville Lease Guaranty. If Defendants are able to obtain the unconditional release of Plaintiff’s obligations under the Surgoinsville Lease Guaranty, Defendant
shall have no obligation to obtain or maintain the Cooper Tire L/C, and the issuance of the Cooper Tire L/C shall not be a condition precedent to the occurrence of the Plan Effective Date. 

C. Renewal of Lease. If Defendants are unable to obtain the unconditional release of Plaintiff’s obligations under the
Surgoinsville Lease Guaranty, Defendants shall not renew the lease (the “Lease”) being guaranteed by the Surgoinsville Lease Guaranty, nor modify or amend the Lease in a manner that increases or extends Plaintiff’s obligations
under the Surgoinsville Lease Guaranty, without the prior written approval and consent of Plaintiff. Plaintiff shall not unreasonably withhold such approval and consent. For clarification purposes only, Plaintiff’s withholding of consent would
not be unreasonable if, for example, the renewal, modification, or amendment of the Lease would cause the amount of the Cooper Tire L/C to be insufficient to satisfy in full Plaintiff’s obligations under the Surgoinsville Lease Guaranty at any
point in time. 
 3. Dismissal of Pending Proceedings. 

A. Cooper Tire Adversary Proceeding. Within three (3) business days after receipt by Plaintiff of: (i) the Cash
Consideration; and (ii) the Cooper Tire L/C, if Defendants, prior to the Cooper Tire L/C Deadline, are unable to obtain the unconditional release of Plaintiff’s obligations under the Surgoinsville Lease Guaranty (the “Release
Date”), Plaintiff shall file with the Bankruptcy Court a stipulation of dismissal, in the form attached hereto as Exhibit B, signed by each of the Parties, stating that Plaintiff dismisses all of its claims in the Cooper Tire Adversary
Proceeding with prejudice, with the Parties to bear their own costs. 
 B. Canadian Litigation. On the Release Date,
Plaintiff and CSA Canada shall file with the Canadian Court and the Court of Appeal for Ontario (the “Court of Appeal”) any and all notices or motions required or advisable so as to give effect to this Agreement, including, without
limitation, (i) a notice or motion filed with the Canadian Court for the Canadian Court to withdraw or vacate the Canadian Tax Order and (ii) a notice or motion filed with the Court of Appeal for CSA Canada to withdraw its appeal of the
Canadian Tax Order, with Plaintiff and CSA Canada to bear their own costs. 
  

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 C. Withdrawal of Proof of Claims. On the Release Date, the proofs of claim filed by
Plaintiff in the Chapter 11 Cases shall be deemed withdrawn without the necessity for a further court order and Plaintiff understands and agrees that it shall file no further proofs of claim in the Chapter 11 Cases. 

4. Mutual Releases. 

A. Release by Plaintiff. Subject to subparagraph 4.C., upon the payment of the Cash Consideration and the issuance of the Cooper
Tire L/C, Plaintiff, Cooper Tyre UK, and all of their agents, representatives, officers, directors, employees, subsidiaries, affiliates, trustees, advisors, accountants, attorneys, successors and assigns hereby release, acquit, and forever discharge
Defendants and all of their agents, representatives, officers, directors, employees, subsidiaries, affiliates, trustees, advisors, accountants, attorneys, successors and assigns from any and all claims, counterclaims, demands, damages, causes of
action, suits, rights to legal remedies, rights to equitable remedies, rights to payment, liabilities, costs and interests of any kind relating to arising under or in connection with the Stock Purchase Agreement, the Tax Refunds, or any other
arrangements or agreements between Plaintiff, Cooper Tyre UK and/or any of their subsidiaries or affiliates on one hand and the Defendants and/or any of their subsidiaries or affiliates on the other, including attorneys’ fees and costs, whether
known or unknown, in law, equity or otherwise, from the beginning of time through the Release Date. For the avoidance of doubt, Plaintiff, Cooper Tyre UK and/or any of their subsidiaries or affiliates understand and agree that, as of the Release
Date, they have no right, claim, or interest in the Tax Refunds or any other tax refunds that may be paid to Defendants or their subsidiaries or affiliates. 

B. Release by Defendants. Subject to subparagraph 4.C., upon the completion by Cooper Tire of its obligations set forth in
paragraph 3 of this Agreement, Defendants and all of their agents, representatives, officers, directors, employees, subsidiaries, affiliates, trustees, advisors, accountants, attorneys, successors and assigns hereby release, acquit, and forever
discharge Plaintiff, Cooper Tyre UK, and all of their agents, representatives, officers, directors, employees, subsidiaries, affiliates, trustees, advisors, accountants, attorneys, successors and assigns from any and all claims, counterclaims,
demands, damages, causes of action, suits, rights to legal remedies, rights to equitable remedies, rights to payment, liabilities, costs and interests of any kind relating to arising under or in connection with the Stock Purchase Agreement, the Tax
Refunds or any other arrangements or agreements between Defendants and/or their subsidiaries or affiliates on one hand and Plaintiff, Cooper Tyre UK, and/or any of their subsidiaries or affiliates on the other, including attorneys’ fees and
costs, whether known or unknown, in law, equity or otherwise, from the beginning of time through the Release Date. For the avoidance of doubt, Defendants understand and agree that, as of the Release Date, Plaintiff has no duty or obligation to
indemnify Holdings or any of its subsidiaries or affiliates for any taxes imposed on or payable with respect to the Sold Companies and their direct and indirect majority or wholly-owned subsidiaries. Further, Plaintiff and Cooper Tyre UK and their
affiliates have no obligation to make any payments related to the “Siebe Plan” as set out in Paragraph 5.7 of the Stock Purchase Agreement, and Defendants have no right to be reimbursed for any payments made or to be made with respect to
the “Siebe Plan.” 
  

 5 

 C. Ongoing Obligations Not in Dispute. Notwithstanding any other provision of this
Agreement, the Parties acknowledge and agree that they shall continue to honor and be bound by the following obligations under the Stock Purchase Agreement whether or not any such obligations remain unfulfilled in whole or in part as of the date
hereof: 
 (i) Defendants shall fully honor their obligations with respect to “Pre-Closing Self Insured Workers’
Compensation Arrangements” in accordance with section 5.7 of the Stock Purchase Agreement; and 
 (ii) Plaintiff shall
fully honor its indemnification obligations with respect to sections 8.1(a)(vi) and (vii) of the Stock Purchase Agreement. Defendants represent that, as of the date they execute this Agreement, neither Defendants nor their subsidiaries or
affiliates have knowledge of any facts that would give rise to an indemnification obligation under sections 8.1(a)(vi) or (vii) of the Stock Purchase Agreement, except for (a) those items of which Plaintiff has been previously notified in
writing or is aware; (b) those items listed in Schedule 3.15 or Schedule 8.1(a)(vi)(D) of the Stock Purchase Agreement; or (c) those items listed in Schedule 15 of the “Siebe Purchase Agreement” as defined in Section 8.1 of
the Stock Purchase Agreement. 
 Upon completion of the obligations set out in paragraphs 1, 2, and 3 of this Agreement, the
Parties will have no obligations to one another under the Stock Purchase Agreement other than obligations specified here in subparagraphs 4.C(i) and (ii). 

5. Preservation of Defendants’ Obligations under this Agreement. The confirmation of any plan of reorganization or plan of
liquidation, including without limitation, the Debtors’ Joint Chapter 11 Plan of Reorganization, shall not impair, abridge or otherwise affect any of the Defendants’ obligations arising under this Agreement. Further, the Defendants shall
include language in a form and substance reasonably satisfactory to the Plaintiff and the Creditors’ Committee in any order submitted to approve any plan of reorganization or plan of liquidation to preserve the Defendants’ obligations
arising under this Agreement. 
 6. Motion for Approval of this Agreement. Within seven (7) days of execution of
this Agreement by the Parties, Defendants shall file with the Bankruptcy Court a joint motion (the “Motion for Approval”) seeking approval of this Agreement. The Motion for Approval shall be noticed for consideration by the
Bankruptcy Court at the first omnibus hearing scheduled in the Chapter 11 Cases no later than twenty-five (25) days after execution of this Agreement by all of the Parties. In advance of filing the Motion for Approval, Defendants shall provide
a draft of the Motion for Approval and proposed form of order to Plaintiff and the Creditors’ Committee for their review and comment, and, upon filing, the Motion for Approval and the proposed form of order approving the Motion for Approval
shall be in form and substance reasonably satisfactory to the Parties. This Agreement will become effective on the Settlement Effective Date. The Parties shall use their best efforts to obtain court approval of this Agreement and shall take no steps
to frustrate, impede, or otherwise impair court approval of this Agreement and any order entered granting the Motion for Approval shall be in form and substance reasonably satisfactory to the Parties. 

 

 6 

 7. Bankruptcy Court Approval. This Agreement shall only become binding upon the
Parties upon its approval by the Bankruptcy Court. Nothing in this Agreement shall be construed as an admission of the validity of any claim being settled hereby or of any liability with respect to any such claim. In the event that this Agreement is
not approved by the Bankruptcy Court, this Agreement shall be of no force or effect, and nothing contained herein shall be deemed to be an admission or concession of, or be in any way binding upon, any of the Parties, and this Agreement shall be
inadmissible in any proceeding as a settlement document governed by Rule 408 of the Federal Rules of Evidence and/or its analogous state rules. 

8. Stay of Proceedings. 

A. Cooper Tire Adversary Proceeding. Upon execution of this Agreement by the Parties, the Parties shall notify the Bankruptcy
Court that they have reached a binding agreement that is subject to Bankruptcy Court approval. In the event that the Bankruptcy Court does not approve this Agreement, the Parties shall confer to agree upon a schedule to continue the Cooper Tire
Adversary Proceeding. 
 B. Canadian Litigation. Upon execution of this Agreement by the Parties, Plaintiff and CSA
Canada shall notify the Canadian Court and the Court of Appeal that they have reached a binding agreement that is subject to Bankruptcy Court approval. 

9. Advance Pricing Agreement. Notwithstanding any other provision of this Agreement, Plaintiff and Defendants agree that they
(i) shall take no steps to frustrate, impede, or otherwise impair any Advance Pricing Agreement relating to Plaintiff or Defendants existing as of the Settlement Effective Date and (ii) will timely file any reports as required by or
necessary to support any Advance Pricing Agreement relating to Plaintiff or Defendants existing as of the Settlement Effective Date, and (iii) will otherwise provide reasonable assistance to each other to comply with any Advance Pricing
Agreement relating to Plaintiff or Defendants existing as of the Settlement Effective Date. 
 10. Entire Agreement. This
Agreement represents the entire agreement between the Parties with respect to the matters addressed herein and supersedes all prior negotiations, representations or agreements between the Parties, whether oral or written, on the subject hereof. This
Agreement and the mutual releases provided for herein shall be binding on all subsidiaries, affiliates, successors, administrators, executors, representatives and assigns of each of the Parties, including any subsequently appointed official
committee, Chapter 11 trustee, Chapter 11 examiner, Chapter 7 trustee, plan administrator, or liquidating trustee in the Chapter 11 Cases, or similar entity. This Agreement may not be amended, modified, altered or rescinded except upon a written
instrument designated as an amendment to this Agreement and executed by the Parties. 
  

 7 

 11. Representations and Warranties. 

A. Plaintiff represents, warrants, covenants and agrees that (i) it has all requisite corporate power and authority to enter into
this Agreement, to carry out the transactions contemplated hereby, and to perform its obligations hereunder, (ii) it is duly organized, validly existing and in good standing under the laws of its state of organization and it has the requisite
power and authority to execute and deliver this Agreement and to perform its obligations hereunder, and (iii) the execution and delivery of this Agreement and the performance of its obligations hereunder have been duly authorized by all
necessary corporate action on its part. 
 B. Defendants represent, warrant, covenant and agree, upon approval of this Agreement
by the Bankruptcy Court, that (i) they have all requisite corporate power and authority to enter into this Agreement, to carry out the transactions contemplated hereby, and to perform their obligations hereunder, (ii) they are duly
organized, validly existing and in good standing under the laws of their state of organization and they have the requisite power and authority to execute and deliver this Agreement and to perform their obligations hereunder, and (iii) the
execution and delivery of this Agreement and the performance of their obligations hereunder have been duly authorized by all necessary corporate action on their part. 

C. Subject to the terms and conditions set forth herein, the Committee, for itself, but not binding any member of the Committee in its
individual capacity, agrees that it supports the terms of this Agreement and will not object to approval of the Agreement by the Court; provided, however, that nothing set forth in this Agreement shall be construed to bind any
individual member of the Committee (nor any of its directors, officers, agents or employees) in its individual capacity in any way, including to take any action or to refrain from taking any action with respect to this Agreement. 

12. Additional Documents. The Parties shall timely execute such documents and instruments and take such other actions that are
reasonably necessary to implement or effectuate the provisions of this Agreement. 
 13. Tax Treatment. Plaintiff and
Defendants agree that for U.S. federal income tax purposes (a) the payment of the Cash Consideration shall be treated as an adjustment to the purchase price of the capital stock of the Sold Companies pursuant to Section 5.5(f) of the Stock
Purchase Agreement, (b) the payment of the Cash Consideration in lieu of any obligations to remit Tax Refunds shall be treated as relating back to and modifying the Stock Purchase Agreement ab initio, and (c) Plaintiff and Defendants shall
file all U.S. federal income tax returns (and corresponding state and local tax returns) consistent with this paragraph 12. 

14. Interpretation. The terms of this Agreement are the result of extensive negotiations between the Parties, each of which has
been represented by counsel, and all Parties shall be deemed to have prepared this Agreement in order to avoid any negative inference by any court as against the preparer of the Agreement. 

 

 8 

 15. Modification and Waiver. No waiver, amendment, modification, or alteration of the
terms or provisions of this Agreement shall be binding unless the same shall be in writing and duly executed by such of the Parties to or by which such waiver, amendment, modification, or alteration relates or is effected. No waiver of any of the
provisions of this Agreement shall be deemed to or shall constitute a waiver of any other provision of this Agreement (whether or not similar). 

16. Counterparts. This Agreement may be executed in one or more counterparts and by different Parties in separate counterparts,
each of which when so executed and delivered shall be deemed to be an original and all of which counterparts taken together shall constitute but one and the same instrument. Delivery of an executed counterpart of a signature page of this Agreement
by facsimile shall be effective as delivery of a manually executed counterpart of this Agreement. 
 17. Governing Law.
This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware without giving effect to its principles or rules of conflict of laws to the extent such principles or rules would require or permit the
application of the laws of another jurisdiction. Any legal action related to this Agreement must be brought in a court of competent jurisdiction located in the State of Delaware unless otherwise agreed to in writing by all of the Parties.

 18. Severability. In the event that any provision of this Agreement becomes or is declared by a court of competent
jurisdiction to be illegal, unenforceable or void, this Agreement shall continue in full force and effect without said provision. 

[Signature Pages to Follow] 
  

 9 

 IN WITNESS WHEREOF, the Parties hereto have duly executed and delivered this Agreement as of the date set
forth above. 
  

			
	COOPER-STANDARD HOLDINGS INC.
		
	By:	 	/s/Allen J. Campbell
		 	Name: Allen J. Campbell
		 	Title:   Vice President and CFO
	
	COOPER-STANDARD AUTOMOTIVE INC.
		
	By:	 	/s/Allen J. Campbell
		 	Name: Allen J. Campbell
		 	Title:   Vice President and CFO
	
	COOPER-STANDARD AUTOMOTIVE CANADA LIMITED
		
	By:	 	/s/Allen J. Campbell
		 	Name: Allen J. Campbell
		 	Title:   Vice President and CFO

  

 10 

			
	COOPER TIRE & RUBBER COMPANY
		
	By:	 	/s/Roy V. Armes
		 	Name: Roy V. Armes
		 	 Title:   Chairman of the Board, President and CEO

	
	COOPER TYRE & RUBBER COMPANY UK LIMITED
		
	By:	 	/s/Bradley E. Hughes
		 	Name: Bradley E. Hughes
		 	Title:   Director
	
	OFFICIAL COMMITTEE OF UNSECURED CREDITORS OF COOPER-STANDARD HOLDINGS INC. ET AL.
		
	By:	 	/s/Patrick J. Healy
		 	Name: Patrick J. Healy
		 	Title:   Vice President

  

 11 

 Exhibit A 

Certain Terms of Letter of Credit 

1. Automatic Renewal. “It is a condition of this Letter of Credit that the Expiry Date is deemed to be automatically
extended, without amendment, for periods of one year from the present or any future Expiry Date, unless at least sixty (60) days prior to any Expiry Date, the L/C Issuing Bank sends you notice in writing, by registered mail, that the L/C
Issuing Bank elects not to consider the Expiry Date extended for any such additional period.” 
 2. Drawing
Condition. “Funds under this credit are available against a statement or an authenticated SWIFT message, signed/sent by an authorized representative of the Beneficiary in one of the following formats (with the blanks completed): 

(i) “The undersigned, an authorized representative of Cooper Tire & Rubber Company, certifies that the
amount of USD                     is due Cooper Tire & Rubber Company as reimbursement for like amount which Cooper Tire & Rubber
Company has paid (or will pay concurrently with receipt of such amount) on account of, and pursuant to, that certain Guaranty, dated as of October 1, 1996, between Cooper Tire & Rubber Company, as successor to Siebe Inc. and Bank of
New York, as successor to United States Trust Company.” 
 – or – 

(ii) “The undersigned, an authorized representative of Cooper Tire & Rubber Company, certifies that the date
hereof is fewer than 30 days from the expiry date of letter of credit no.             , for which a notice of non-renewal has been given.” 

 

 12 

 Exhibit B 

Stipulation of Dismissal 
  

 13 

 IN THE UNITED STATES BANKRUPTCY COURT 

FOR THE DISTRICT OF DELAWARE 
  

					
	 	 	)	    	
	 In re:
	 	)	    	Chapter 11
		 	)	    	
	 COOPER-STANDARD HOLDINGS INC., et al.,
1

 
 Debtors.
	 	 )

)
 )
	    	 Case No. 09-12743 (PJW)

(Jointly Administered)

		 	)	    	
	 COOPER TIRE & RUBBER COMPANY,
	 	 )

)
	    	Adv. Proc. No. 09-52014 (PJW)
	 Plaintiff,
	 	)	    	
		 	)	    	
	 v.
	 	)	    	
		 	)	    	
	COOPER-STANDARD HOLDINGS INC., COOPER-
STANDARD AUTOMOTIVE INC., and COOPER-
STANDARD AUTOMOTIVE CANADA LIMITED,	 	 )

)
 )

)
	    	
	 Defendants.
	 	)	    	

 STIPULATION OF DISMISSAL WITH PREJUDICE 

The parties to the above-captioned adversary proceeding (the “Adversary Proceeding”) hereby stipulate and agree to the dismissal of the
Adversary Proceeding with prejudice, pursuant to Fed. R. Civ. P 41(a)(1)(ii), as incorporated by Fed. R. Bankr. P. 7041. Each party shall bear its own costs and expenses including attorneys’ fees. 

[Signature Pages to Follow] 

 

	1
	 The Debtors in these proceedings and the last four digits of each Debtor’s federal taxpayer identification number are as follows: Cooper-Standard
Holdings Inc. (5088); Cooper-Standard Automotive Inc. (9970); Cooper-Standard Automotive FHS Inc. (2953); Cooper-Standard Automotive Fluid Systems Mexico Holding LLC (0442); Cooper-Standard Automotive, OH LLC (2845); StanTech, Inc. (4014); Westborn
Service Center, Inc. (7448); North American Rubber, Incorporated (9926); Sterling Investments Company (1393); Cooper-Standard Automotive NC LLC (2839); CS Automotive LLC (4267); CSA Services Inc. (9510); NISCO Holding Co. (1697). The corporate
address of the Debtors is 39550 Orchard Hill Place Drive, Novi, Michigan 48375. 

  

 14 

 Dated: March        , 2010 

 
  

MORRIS JAMES LLP 
 Stephen M. Miller (No. 2610)

 Jeffrey R. Waxman (No. 4159) 
 500
Delaware Avenue, Suite 1500 
 Wilmington, DE 19801 

Telephone: (302) 888-6800 
 Facsimile: (302)
571-1750 
 - and - 
 PORTER, WRIGHT,
MORRIS & ARTHUR, 
 LLP 
 Jeffrey W.
Morris, Esq. 
 David P. Shouvlin, Esq. 

James A. King, Esq. 
 Daniel B. Miller, Esq.

 41 South High Street 
 Columbus, Ohio
43215 
 Telephone:  (614) 227-2000 

Facsimile:   (614) 227-2100 

Counsel for Plaintiff 

 

 Dated: March         , 2010 

 
  

RICHARDS, LAYTON & FINGER, P.A. 
 Mark D.
Collins (No. 2981) 
 Michael J. Merchant (No. 3854) 

Chun I. Jang (No. 4790) 
 Drew G. Sloan (No.
5069) 
 One Rodney Square 
 920 N. King
Street 
 Wilmington, DE 19801 

Telephone: (302) 651-7700 
 Facsimile: (302)
651-7701 
 -and- 
 FRIED, FRANK,
HARRIS, SHRIVER 
& JACOBSON LLP 
 Gary L. Kaplan 

David B. Hennes 
 Edward J. Jacobs 

One New York Plaza 
 New York, NY 10004

 Telephone:  (212) 859-8000 

Facsimile:   (212) 859-4000 

Counsel for Defendants 

  

 15 

 Dated: March         , 2010 

 
  

YOUNG CONAWAY STARGATT & TAYLOR 
 LLP

 M. Blake Cleary (No. 3614) 
 Erin
Edwards (No. 4392) 
 The Brandywine Building 

1000 West Street,
17th Floor 

Wilmington, DE 19801 
 Telephone: (302) 571-6600

 Facsimile: (302) 571-1253 
 - and -

 KRAMER LEVIN NAFTALIS & FRANKEL LLP 

Robert T. Schmidt, Esq. 
 Gregory A. Horowitz,
Esq. 
 Stephen Zide, Esq. 
 Sarah
Schindler-Williams, Esq. 
 1117 Avenue of the Americas 

New York, NY 10036 
 Telephone: (212) 715-9100

 Facsimile:  (212) 715-80000 

Counsel to the Official Committee 
 of
Unsecured Creditors 
 7597136 
  

 16

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