Document:

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                                                                  Exhibit 10-c-1

                            COMPENSATION OF DIRECTORS

Non-employee directors of ArvinMeritor receive a retainer at the rate of $45,000
per year for Board service. No additional retainer is paid for service as
committee members.

After each Annual Meeting of Shareowners, each non-employee director receives a
grant under the 2004 Directors Stock Plan. The grant in 2005 is expected to
consist of 4,500 restricted share units. A non-employee director who is elected
to the Board during the fiscal year receives a pro rata portion of these annual
grants.

A director may elect to defer payment of all or part of the cash retainer fees
to a later date, with interest on deferred amounts accruing quarterly at a rate
equal to 120% of the Federal long-term rate set each month by the Secretary of
the Treasury. Each director also has the option each year to defer all or any
portion of the cash retainer by electing to receive restricted shares or
restricted share units that could be forfeited if certain conditions are not
satisfied. The restricted shares or restricted share units in lieu of the cash
retainer are valued at the closing price of the Common Stock on the New York
Stock Exchange - Composite Transactions reporting system on the date each
retainer payment would otherwise be made in cash.

The Chairman of the Audit Committee receives an additional retainer of $10,000
per year, the Chairman of the Compensation Committee receives an additional
retainer of $7,000 per year, and the Chairmen of the Corporate Governance and
Nominating Committee and the Environmental and Social Responsibility Committee
each receive an additional retainer of $3,000 per year. Non-employee directors
also receive fees for attendance at committee meetings in the amount of $1,500
for each meeting of the Audit Committee ($750 per meeting for attendance by
telephone) and $1,000 for each meeting of other Board committees ($500 per
meeting for attendance by telephone).

Directors who are also employees of ArvinMeritor or a subsidiary of ArvinMeritor
do not receive compensation for serving as directors.

                                                                        11/11/04<PAGE>

                                                                  Exhibit 10-c-3

                               ARVINMERITOR, INC.
                            2004 DIRECTORS STOCK PLAN
                         RESTRICTED SHARE UNIT AGREEMENT

TO: [     ]

      In accordance with Section 6 of the 2004 Directors Stock Plan (the "Plan")
of ArvinMeritor, Inc. (the "Company"), you have been awarded _____ restricted
share units ("Restricted Share Units") under the Plan (the "Award"). By
accepting such Award, you agree to the terms and conditions of this restricted
share unit agreement ("Agreement"). Each Restricted Share Unit represents a
right to receive one share of common stock, par value $1.00 per share, of the
Company (the "Common Stock") in the future.

      The Restricted Share Units have been granted to you upon the following
terms and conditions:

1. Vesting of Restricted Share Units

      The Restricted Share Units shall vest and be paid or settled after the
earliest of (i) [insert date six years after date of grant], (ii) ten days after
you retire from the Board after reaching age 72 and having served at least three
years as a director or (iii) the date you resign from the Board or cease to be a
director by reason of the antitrust laws, compliance with the Company's conflict
of interest policies, death, disability or other circumstances that the Board
determines not to be adverse to the best interests of the Company. If you cease
to be a director prior to [insert date six years after date of grant] for any
reason other than as described in clause (ii) or clause (iii) above, the
Restricted Share Units will terminate and all of your right, title and interest
thereunder will be forfeited.

2. Payment of Restricted Share Units; Issuance of Common Stock

      Upon vesting of the Award, the Company will deliver to you (or in the
event of your death, to your estate or any person who acquires your interest in
the Restricted Share Units by bequest or inheritance) upon satisfaction of any
required tax withholding obligations one share of Common Stock in respect of
each Restricted Share Unit. No shares of Common Stock shall be issued to you at
the time the Award is made, and you will not have any rights as a shareowner
with respect to the Restricted Share Units until the shares of Common Stock have
been delivered to you.

3. Restricted Share Unit Account

      The Company will maintain an account on your behalf to record any and all
Restricted Share Units awarded to you, until the Restricted Share Units are paid
or settled or otherwise forfeited.

<PAGE>

4. Dividend Equivalents

      From the date of grant until payment and settlement thereof in accordance
with the terms of this Agreement and the Plan, you will be entitled to receive
dividend equivalents in respect of each Restricted Share Unit in an amount equal
to the amount or value of any cash or other dividends or distributions payable
on an equivalent number of shares of Common Stock. The dividend equivalents
shall accrue and be paid in cash, together with interest thereon accruing
quarterly at an annual rate equal to 120% of the Federal long-term rate set each
month by the Secretary of the Treasury, at the time the Common Stock is issued
in respect of each Restricted Share Unit. No dividend equivalents shall be
payable in respect of any Restricted Share Units that are terminated pursuant to
the terms of this Agreement and the Plan.

5. Deferral Election

      You may elect, by means of a written election delivered to the Company not
later than twelve months before the Award vests, to defer to a date specified in
the election the issuance and delivery of all or any portion of the shares of
Common Stock otherwise issuable upon vesting of the Restricted Share Units
together with any dividend equivalents relating thereto.

6. Transferability

      The Award is not transferable by you otherwise than by will or by the laws
of descent and distribution.

7. Withholding

      The Company shall have the right, in connection with the delivery of the
Common Stock and any dividend equivalents in respect of the Restricted Share
Units subject to this Agreement, to (i) deduct from any payment otherwise due by
the Company to you or any other person receiving delivery of the shares of
Common Stock and any dividend equivalents an amount equal to any taxes required
to be withheld by law with respect to such delivery, (ii) require you or any
other person receiving such delivery to pay to it an amount sufficient to
provide for any such taxes so required to be withheld or (iii) sell such number
of the shares of Common Stock as may be necessary so that the net proceeds of
such sale shall be an amount sufficient to provide for any such taxes so
required to be withheld.

8. Applicable Law

      This Agreement and the Company's obligation to deliver shares of Common
Stock upon payment or settlement of Restricted Share Units and any dividend
equivalents hereunder shall be governed by and construed and enforced in
accordance with the laws of Delaware and the federal laws of the United States.

                                       2
<PAGE>

9. Conflicts

      The Award is subject to the terms of the Plan. In the event of any
conflict between this Agreement and the Plan, the terms of the Plan shall
govern.

Dated:

                                       3<PAGE>

                                                                    Exhibit 10-m

                        FOURTH AMENDMENT TO AND WAIVER OF
             SECOND AMENDED AND RESTATED RECEIVABLES SALE AGREEMENT

      THIS FOURTH AMENDMENT (the "Amendment"), dated as of March 1, 2004, is
entered into among ArvinMeritor Receivables Corporation, a Delaware corporation
(the "Seller"), ArvinMeritor, Inc., an Indiana corporation (the "Initial
Collection Agent," and, together with any successor thereto, the "Collection
Agent"), the Related Committed Purchasers party hereto (the "Related Committed
Purchasers"), Credit Lyonnais, acting through its New York Branch, as agent for
the Purchasers (the "Agent") and as a Purchaser Agent, Bayerische Landesbank,
New York Branch ("BayernLB"), as a Purchaser Agent and ABN AMRO Bank N.V. ("ABN
AMRO"), as a Purchaser Agent.

      Reference is hereby made to that certain Second Amended and Restated
Receivables Sale Agreement, dated as of September 26, 2002 (as amended,
supplemented or otherwise modified through the date hereof, the "Sale
Agreement"), among the Seller, the Initial Collection Agent, the Conduit
Purchasers from time to time party thereto, the Agent, BayernLB, ABN AMRO and
the other Purchaser Agents from time to time party thereto and the Related
Committed Purchasers from time to time party thereto. Terms used herein and not
otherwise defined herein which are defined in the Sale Agreement or the other
Transaction Documents (as defined in the Sale Agreement) shall have the same
meaning herein as defined therein.

      For good and valuable consideration, the receipt and adequacy of which are
hereby acknowledged, the parties hereto hereby agree as follows:

      Section 1. Section 3.3 of the Sale Agreement provides that if the Parent's
long-term unsecured debt rating from both Moody's and S&P is less than Baa3 and
BBB-, the Collection Agent shall deliver a Periodic Report to the Agent and each
Purchaser Agent on or before Wednesday of each week for the immediately
preceding calendar week. As of the date hereof, the Collection Agent was not in
compliance with the terms of Section 3.3 because of the failure to deliver
Periodic Reports after a downgrade of the unsecured debt rating of the Parent
occurred (the "Existing Termination Event"). At the request of the Seller and
the Collection Agent, the Agent and the Purchaser Agents hereby waive the
Existing Termination Event so long as the Collection Agent commences delivery of
the Periodic Reports on a weekly basis on March 10, 2004. Notwithstanding
anything contained herein to the contrary, the foregoing waiver shall not become
effective unless and until the conditions precedent set forth in Section 3 have
been satisfied. The foregoing waiver is expressly limited to the written
statement in this Section 1.

      Section 2. Subject to the following terms and conditions, including
without limitation the conditions precedent set forth in Section 3, upon
execution by the parties hereto in the space provided for that purpose below,
the Sale Agreement shall be, and it hereby is, amended as follows:

<PAGE>

      (a) Section 1.5(a) of the Sale Agreement shall be amended in its entirety
and as so amended shall read as follows:

            "(a) General. (i) if at any time before the Termination Date the
      Eligible Receivables Balance is less than the sum of the Aggregate
      Investment (or, if a Termination Event exists, the Matured Aggregate
      Investment) plus the Total Reserve, the Seller shall pay to the Agent,
      within one Business Day, an amount equal to such deficiency for
      application to reduce the Investments of the Purchasers ratably in
      accordance with the principal amount of their respective Investments,
      applied with respect to each such Purchaser first to such Purchaser's
      Prime Tranches, if any, and second to the other Tranches applicable to the
      Investment of such Purchaser with the shortest remaining maturities unless
      otherwise specified by the Seller."

      (b) Section 3.3 of the Sale Agreement shall be amended in its
entirety and as so amended shall read as follows:

            Section 3.3. Reports. On or before the 25th day of each month, and,
      after the occurrence and during the continuance of a Termination Event, at
      such other times covering such other periods as is requested by the Agent
      or the Instructing Group, the Collection Agent shall deliver to the Agent
      and each Purchaser Agent a report reflecting information as of the close
      of business of the Collection Agent for the immediately preceding calendar
      month or such other preceding period as is requested (each a "Monthly
      Periodic Report"), containing the information described on Exhibit B-1
      (with such modifications or additional information as requested by the
      Agent or the Instructing Group); provided, however, if the Parent's
      long-term unsecured debt rating from both Moody's and S&P is less than
      Baa3 and BBB-, the Collection Agent shall continue to deliver a Monthly
      Periodic Report on or before the 25th day of each month as set forth above
      and shall also deliver to the Agent and each Purchaser Agent a report
      reflecting information as of the close of business of the Collection Agent
      for the immediately preceding calendar week (each a "Weekly Periodic
      Report"), containing the information described on Exhibit B-2 (with such
      modifications or additional information as requested by the Agent or the
      Instructing Group) on or before Wednesday of each week for the immediately
      preceding calendar week; provided, further, however, if the Parent's
      long-term unsecured debt rating is less than "Ba2" from Moody's or less
      than "BB" from S&P, respectively, the Collection Agent shall continue to
      deliver a Monthly Periodic Report on or before the 25th day of each month
      as set forth above and shall also deliver to the Agent and each Purchaser
      Agent a report reflecting information as of

                                      -2-
<PAGE>

            the close of business of the Collection Agent for
            the immediately preceding Business Day (each a "Daily Periodic
            Report") on each Business Day, containing the information as
            requested by the Agent or the Instructing Group (each Monthly
            Periodic Report, Weekly Periodic Report and Daily Periodic Report to
            be referred to herein as a "Periodic Report").

            (c) Section 7.2 of the Sale Agreement shall be amended by (i)
      deleting the "and" contained at the end of clause (d) thereof, and (ii)
      adding new clauses (e) and (f) thereto that will read as set forth below:

                  (e) as a result of the Purchase, the Aggregate Investment
            shall not be greater than the lower of (i) the Eligible Receivables
            Balance less the Total Reserves (the "Net Receivables Balance") as
            set forth in the most recent Monthly Periodic Report delivered
            pursuant to Section 3.3 hereof and (ii) the lowest Net Receivables
            Balance as set forth in the Weekly Periodic Reports delivered
            pursuant to Section 3.3 hereof since the delivery of the most recent
            Monthly Periodic Report and, if no Weekly Periodic Report has been
            delivered since the most recent Monthly Periodic Report, then for
            purposes of this clause (ii), the Net Receivables Balance shall be
            the Net Receivables Balance as set forth in the Weekly Periodic
            Report delivered immediately prior to the most recent Monthly
            Periodic Report; and

                  (f) all legal matters related to the Purchase are reasonably
            satisfactory to the Purchasers.

            (d) Exhibit B to the Sale Agreement shall be re-designated Exhibit
      B-1 thereto and a new Exhibit B-2 in the form attached hereto shall be
      added to the Sale Agreement.

      Section 3. This Agreement shall become effective only once the Agent has
received, in form and substance satisfactory to the Agent, all documents and
certificates as the Agent may be reasonably request and all other matters
incident to the execution hereof are satisfactory to the Agent.

      Section 4. To induce the Agent and the Related Committed Purchasers to
enter into this Amendment, the Seller and Collection Agent represent and warrant
to the Agent and the Related Committed Purchasers that: (a) the representations
and warranties contained in the Transaction Documents, are true and correct in
all material respects as of the date hereof with the same effect as though made
on the date hereof (it being understood and agreed that any representation or
warranty which by its terms is made as of a specified date shall be required to
be true and correct in all material respects only as of such specified date);
(b) no Potential Termination Event exists; (c) this Amendment has been duly
authorized by all necessary corporate proceedings and duly executed and
delivered by each of the Seller and the Collection

                                      -3-
<PAGE>

Agent, and the Sale Agreement, as amended by this Amendment, and each of the
other Transaction Documents are the legal, valid and binding obligations of the
Seller and the Collection Agent, enforceable against the Seller and the
Collection Agent in accordance with their respective terms, except as
enforceability may be limited by bankruptcy, insolvency or other similar laws of
general application affecting the enforcement of creditors' rights or by general
principles of equity; and (d) no consent, approval, authorization, order,
registration or qualification with any governmental authority is required for,
and in the absence of which would adversely effect, the legal and valid
execution and delivery or performance by the Seller or the Collection Agent of
this Amendment or the performance by the Seller or the Collection Agent of the
Sale Agreement, as amended by this Amendment, or any other Transaction Document
to which they are a party.

      Section 5. This Amendment may be executed in any number of counterparts
and by the different parties on separate counterparts and each such counterpart
shall be deemed to be an original, but all such counterparts shall together
constitute but one and the same Amendment.

      Section 6. Except as specifically provided above, the Sale Agreement and
the other Transaction Documents shall remain in full force and effect and are
hereby ratified and confirmed in all respects. The execution, delivery, and
effectiveness of this Amendment shall not operate as a waiver of any right,
power, or remedy of any Agent or any Related Committed Purchaser under the Sale
Agreement or any of the other Transaction Documents, nor constitute a waiver or
modification of any provision of any of the other Transaction Documents. All
defined terms used herein and not defined herein shall have the same meaning
herein as in the Sale Agreement. The Seller agrees to pay on demand all costs
and expenses (including reasonable fees and expenses of counsel) of or incurred
by the Agent and each Purchaser Agent in connection with the negotiation,
preparation, execution and delivery of this Amendment.

      Section 7. This Amendment and the rights and obligations of the parties
hereunder shall be construed in accordance with and be governed by the law of
the State of New York.

                                      -4-
<PAGE>

      IN WITNESS WHEREOF, the parties have caused this Amendment to be executed
and delivered by their duly authorized officers as of the date first above
written.

                                        CREDIT LYONNAIS, acting through its New
                                           York Branch, as the Agent, as a
                                           Purchaser Agent and a Committed
                                           Purchaser

                                        By: /s/ Anthony Brown
                                           ------------------------------------
                                           Name: Anthony Brown
                                           Title: Vice President

                                        BAYERISCHE LANDESBANK, New York Branch,
                                           as a Purchaser Agent

                                        By:  /s/ Alexander Kohnert
                                           -------------------------------------
                                           Name:    Alexander Kohnert
                                           Title:   Senior Vice President

                                        By: /s/ Lori-Ann Wynter
                                           -------------------------------------
                                           Name:    Lori-Ann Wynter
                                           Title:   Vice President

                                        BAYERISCHE LANDESBANK, Cayman Islands
                                           Branch, as a Committed Purchaser

                                        By:  /s/ James Boyle
                                           -------------------------------------
                                           Name:    James Boyle
                                           Title:   Vice President

                                        By:  /s/ Lori-Ann Wynter
                                           -------------------------------------
                                           Name:    Lori-Ann Wynter
                                           Title:   Vice President

                                      -5-
<PAGE>

                                        ABN AMRO BANK N.V., as a Purchaser Agent
                                           and a Committed Purchaser

                                        By: /s/ Kevin G. Pilz
                                           ----------------------------------
                                           Name:  Kevin G. Pilz
                                           Title: Vice President

                                        By: /s/ Robert J. Graff
                                           ----------------------------------
                                           Name: Robert J. Graff
                                           Title: Senior Vice President

                                      -6-
<PAGE>

                                        ARVINMERITOR RECEIVABLES CORPORATION, as
                                           the Seller

                                        By: /s/ Brian P. Casey
                                           -------------------------------------
                                           Name: Brian P. Casey
                                           Title: President and Treasurer

                                        ARVINMERITOR, INC., as the Initial
                                           Collection Agent

                                        By: /s/ Brian P. Casey
                                           -------------------------------------
                                           Name: Brian P. Casey
                                           Title: Vice President and Treasurer

                                      -7-
<PAGE>

                                   EXHIBIT B-2

                         FORM OF WEEKLY PERIODIC REPORT

                                      -8-

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