Document:

Deferred Compensation Plan, dated January 1, 2005, amended and restated

 Exhibit 10.03 
 MONRO MUFFLER BRAKE, INC. 
 DEFERRED COMPENSATION PLAN 

Monro Muffler Brake, Inc. (hereinafter referred to as the “Company”) hereby amends and restates, effective
unless otherwise noted as of January 1, 2011, the Monro Muffler Brake, Inc. Deferred Compensation Plan (hereinafter referred to as the “Plan”). The Plan is being amended to comply with recent guidance under Internal Revenue Code
Section 409A. The Plan will be maintained by the Company for the purpose of providing benefits for certain key employees. 

ARTICLE 1 

ELIGIBILITY AND PARTICIPATION 
 Section 1.1 Any key management employee who satisfies the definition of being within “a select group of management or highly compensated employees” under Title I of ERISA pursuant to
such guidelines and other eligibility requirements as may be established by the Compensation Committee of the Board of Directors of the Company (the “Committee”) may become a participant (a “Participant”) in the Plan. Generally,
eligibility will be limited to (1) employees who are highly compensated employees with the meaning of Section 414(q) of the Tax Code, (2) field employees working in the position of Zone Manager or higher, or (3) management-level
employees working in the Company’s central offices. An employee who is eligible to participate in this Plan in a calendar year shall not continue to be eligible to participate in the Plan in any subsequent calendar year unless the employee
satisfies the foregoing eligibility criteria in such subsequent calendar year. 
 Section 1.2 An
eligible employee may defer regular compensation under this Plan only by making a written election with the Company before the beginning of the calendar year in which he/she will perform the services to which the deferred compensation relates.
Bonuses and other performance compensation based on a performance period of 12 months or more may be deferred if the bonus deferral election is made at least six months prior to the end of the performance period. Notwithstanding the foregoing, for
the first year an employee becomes eligible to participate, both regular compensation and bonus deferral elections may be made at any time up to 30 days after the date the employee first becomes eligible but only with respect to compensation or
bonus earned after the election is made. Such written elections shall include: (a) the amount to be deferred; (b) the payment method for receiving retirement benefits; and (c) the time of payment. The terms of an election shall be
irrevocable except that (i) one subsequent deferral election may be made under Section 3.5 and (ii) a new election form may be filed with respect to deferrals for subsequent years under such terms as a Participant may elect consistent
with the provisions of this Plan. If a Participant fails to make any election for a subsequent year after having made an initial election, deferrals will continue automatically in accordance with the latest election filed with the Company.

 Section 1.3 In addition to Participant deferrals pursuant to Section 1.2, each year the
Company shall contribute for each Participant the amount that, but for such Participant’s status as a “highly compensated employee,” would have been contributed by the Company to the Monro Muffler Brake, Inc. Profit Sharing Plan (the
“Profit Sharing Plan”) for such Participant. The Company shall also contribute for each Participant the amount that it would have contributed to the Profit Sharing Plan for such Participant as a matching contribution if the Participant had
not been restricted in the amount of contributions he could make to the Profit Sharing Plan due to nondiscrimination testing limits or other contribution limits that apply to highly compensated employees under the Profit Sharing Plan (provided
that any matching contributions to this Plan shall not take into account compensation that exceeds the annual compensation limit of Code Section 401(a)(17)), as well as any additional discretionary amounts as the Committee shall determine.
As a condition to receiving any Company matching contributions into this Plan for a calendar year, the Participant agrees that (i) he or she shall contribute the maximum amount eligible for matching contributions under the under the Profit
Sharing Plan, and (ii) his or her deferral election under the Profit Sharing Plan shall be irrevocable for the calendar year. 
 Section 1.4 The Company shall establish and maintain a deferred compensation account (an “Account”) for each Participant for purposes of measuring the amounts payable under the Plan.
The amount of salary and bonus deferred hereunder shall be credited to this Account as of the date such amounts otherwise would be payable to the Participant. The Company contributions determined pursuant to Section 1.3 shall be credited to
this Account as of the date such amounts otherwise would have been contributed to the Profit Sharing Plan. 

Section 1.5 The portion of the Participant’s Account attributable to his own contributions and the
earnings on them are 100 percent vested at all times. The portion of the Participant’s Account attributable to Company contributions and the earnings on them shall be subject to the vesting schedule for Company matching contributions under the
Company’s Profit Sharing Plan, as 

 
amended from time to time. At the time this Section 1.5 is initially effective, vesting is 25 percent after two years of service, 50 percent after three years of service, 75 percent after
four years of service, and full vesting after five years of service and for all subsequent years. 
 ARTICLE 2 

DEFERRED COMPENSATION 
 Section 2.1 Each Account shall be credited with earnings or charged with losses until the entire amount credited to the Account has been distributed to the Participant or the
Participant’s beneficiary in accordance with a written beneficiary designation which has been delivered to the Company. Earnings and losses on the amounts credited to an Account shall be calculated on the basis of an interest rate or other
formula as specified by the Committee. 
 ARTICLE 3 

DISTRIBUTION 
 Section 3.1 Subject to the special timing rules in this section, a Participant’s benefit shall be distributed at such time and in such form as the Participant has elected in his or her
deferral election. A Participant may elect as the time of payment either a specified date or the earlier of a specified date or separation from service. 
 Notwithstanding the Participant’s election, if his or her elected time of payment occurs after his or her 65th birthday and separation from service occurs prior to the elected payment date, the
benefit commencement date shall be the earlier of the elected date or the fifth anniversary of the date of separation. If a benefit is payable in full, or, in the case of installments, to commence, as of a specified date, payments shall be made or
commence no later than December 31 of the specified year. If a benefit is payable on account of separation from service, it shall be paid or commence as soon as administratively practicable but no later than the later of
(i) December 31 of the year in which the separation occurs, or (ii) 90 days following the separation. In no event will payments be made or commence earlier than two years following the deferral. 

The form of payment shall be in a single cash sum or in annual installments over a period not to exceed 10 years as
elected by the Participant in the deferral election. In any event, the amount payable to a Participant shall not exceed the portion of his or her Account that is vested on the date of the triggering event. 

Section 3.2 In the case of an unforeseeable emergency, the Committee shall distribute all or a portion of the
vested portion of an Account before the payment date specified in the Participant’s deferral election, but the amount of the distribution shall not exceed the amount needed to relieve the unforeseeable emergency. For this purpose, the Committee
shall determine the existence of an unforeseeably emergency under such rules as it may establish provided that in no event shall a distribution be made that fails to satisfy the definition of an unforeseeable emergency as set forth in Code
Section 409A. For purposes of the Plan, the term “unforeseeable emergency” hall mean an unanticipated emergency that is caused by an event beyond the control of the Participant that would result in severe financial hardship to the
Participant resulting from (i) an illness or accident of the Participant, the Participant’s spouse, or the Participant’s dependent (as defined in Code Section 152(a)), (ii) loss of the Participant’s property due to
casualty, or (iii) other similar extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the Participant, all as determined in the sole discretion of the Committee. 

Section 3.3 In the case of the death of any Participant before distribution of the full amount of his or her
Account, any remaining amounts shall be distributed to the Participant’s beneficiary in a single cash sum or in installments over a period not to exceed 10 years as designated on the deferral election. If a Participant has not designated a
beneficiary, or if no designated beneficiary is living on the date of distribution, then, notwithstanding any provision herein to the contrary, such amounts shall be distributed to such Participant’s estate in a lump sum distribution as soon as
administratively feasible following such Participant’s death but no later than the March 15 of the year following the year in which the death occurred. If the deferral election fails to specify the form of payment to a beneficiary, payment
shall be made in a single cash sum. 
 Section 3.4 If a Participant becomes disabled prior to
commencement of benefits, his or her vested Account shall commence as soon as administratively practicable but no later than the March 15 of the year following the year in which the disability occurred, in the form of payment designated in the
deferral election. For this purpose, disability has the meaning given this term in Code Section 409A. 

Section 3.5 Except for earlier payments expressly authorized by this Plan and Code Section 409A, no
benefit may be paid earlier than the date specified in a deferral election. In addition, no subsequent deferral election shall be permitted to extend the 

 
payment of benefits beyond the payment date set forth in the relevant deferral election, except for a subsequent deferral election that satisfies all of the following conditions: 

 

	 	•	 	 the subsequent election must be made 12 months or more prior to the previously-selected payment date; and 

 

	 	•	 	 the new payment commencement date must be at least five years later than the previously-selected payment date; and 

 

	 	•	 	 the subsequent election may not be effective until at least 12 months after the date on which it is made. 

Only one such subsequent deferral election may be made after the initial deferral election. A Participant with a post-65
elected payment date may make a subsequent deferral election in accordance with this Section 3.5, provided that the new payment commencement date may not extend beyond the later of (i) five years later than the previously-selected payment
date, or (ii) the fifth anniversary of the date of separation. 
 Section 3.6 Notwithstanding
any other provision of the Plan to the contrary or a Participant’s election of a payment date, a distribution from the Account of specified employee that is triggered by a separation from service may not be made before the date which is six
months after the separation from service date. For purposes of this Plan, “specified employee” or “separation from service” shall have the meanings set forth in Code Section 409A 

ARTICLE 4 

AMENDMENT AND TERMINATION OF PLAN 
 Section 4.1 The Company reserves the right to amend or terminate the Plan at any time. However, the time and method of payment of any amounts credited to an Account of any Participant shall
remain subject to the provisions of the Plan and the Participant’s deferral election except as otherwise permitted by Code Section 409A and regulations thereunder. No amendment or termination shall directly or indirectly reduce the balance
of any Account as of the effective date of such amendment or termination. No additional credits or contributions will be made to the Accounts after termination of the Plan, but earnings may continue to be credited to the Accounts and any losses
shall be charged to the Accounts until all benefits are distributed to the Participants or to their beneficiaries. 
 ARTICLE
5 
 CLAIMS PROCEDURE 
 Section 5.1 For purposes of handling claims with respect to this Plan, the “Claims Reviewer” shall be the Committee, unless another person or organizational unit is designated by the
Company as Claims Reviewer. 
 Section 5.2 An initial claim for benefits under the Plan must be made
by the Participant or his or her beneficiary in accordance with the terms of the Plan. Not later than 90 days after receipt of such a claim, the Claims Reviewer will render a written decision on the claim to the claimant, unless special
circumstances require the extension of such 90-day period. If such extension is necessary, the Claims Reviewer shall provide the claimant with written notification of such extension before the expiration of the initial 90-day period. Such notice
shall specify the reason or reasons for such extension and the date by which a final decision can be expected. In no event shall such extension exceed a period of 90 days from the end of the initial 90-day period. In the event the Claims Reviewer
denies the claim of a claimant in whole or in part, the Claims Reviewer’s written notification shall specify, in a manner calculated to be understood by the claimant: the reason for the denial; a reference to the Plan or other document or form
that is the basis for the denial; a description of any additional material or information necessary for the claimant to perfect the claim; an explanation as to why such information or material is necessary; and an explanation of the applicable
claims procedure. Should the claim be denied in whole or in part and should the claimant be dissatisfied with the Claims Reviewer’s disposition of the claimant’s claim, the claimant may have a full and fair review of the claim by the
Company upon written request submitted by the claimant or the claimant’s duly authorized representative, and received by the Company within 60 days after the claimant receives written notification that the claimant’s claim has been denied.
In connection with such review, the claimant or the claimant’s duly authorized representative shall be entitled to review pertinent documents and submit the claimant’s views as to the issues, in writing. The Company shall act to deny or
accept the claim within 60 days after receipt of the claimant’s written request for review, unless special circumstances require the extension of such 60-day period. If such extension is necessary, the Company shall provide the claimant with
written notification of such extension before the expiration of such initial 60-day period. In all events, the Company shall act to deny or accept the claim within 120 days of the receipt of the claimant’s written request for review. The action
of the Company shall 

 
be in the form of a written notice to the claimant and its contents shall include all of the requirements for action on the original claim. In no event may a claimant commence legal action for
benefits the claimant believes are due the claimant until the claimant has exhausted all of the remedies and procedures afforded the claimant by this Article 5. No such legal action may be made after the earlier of (1) the applicable statute of
limitations or (2) one year after the date of the Company’s final decision. 
 ARTICLE 6 

MISCELLANEOUS 
 Section 6.1 The Plan constitutes a mere promise by the Company to make benefit payments in the future. The right of a Participant or beneficiary to receive a distribution hereunder shall be an
unsecured, contractual claim, and neither a Participant nor his or her designated beneficiary shall have any rights greater than those of a general, unsecured creditor against any assets of the Company. The Plan at all times shall be considered
entirely unfunded both for tax purposes and for purposes of Title I of the Employee Retirement Income Security Act of 1974, as amended. 
 Section 6.2 Accounts under this Plan and any benefits which may be payable pursuant to this Plan are not subject in any manner to anticipation, sale, alienation, transfer, assignment, pledge,
encumbrance, attachment, or garnishment by creditors of a Participant or beneficiary. No interest or right to receive a benefit may be taken, either voluntarily or involuntarily, for the satisfaction of the debts of, or other obligations or claims
against, such person or entity, including claims for alimony, support, separate maintenance and claims in bankruptcy proceedings. The rights of an Eligible Employee under this Plan shall not be transferable, voluntarily or involuntarily, other than
by will or the laws of descent and distribution and are exercisable during the Eligible Employee’s lifetime only by the Eligible Employee or the Eligible Employee’s guardian or legal representative. 

Section 6.3 The Plan shall be administered by the Committee or its designee (the “Administrator”),
which shall have the exclusive authority, duty and power to interpret and construe the provisions of the Plan as the Administrator deems appropriate including the authority to determine eligibility for benefits under the Plan. The Administrator
shall have the duty and responsibility of maintaining records, making the requisite calculations and disbursing the payments hereunder. The interpretations, determinations, regulations and calculations of the Administrator shall be final and binding
on all parties. 
 Section 6.4 Expenses of administration shall be paid by the Company. The
Administrator shall be entitled to rely on all tables, valuations, certificates, opinions, data and reports furnished by any actuary, accountant, controller, counsel or other person employed or retained by the Company with respect to the Plan.

 Section 6.5 The Administrator shall furnish individual annual statements of benefits to each
Participant, or current beneficiary, in such form as determined by the Administrator or as required by law. 

Section 6.6 The sole rights of a Participant or beneficiary under this Plan shall be to have this Plan
administered according to its provisions and to receive whatever benefits he or she may be entitled to hereunder, and nothing in the Plan shall be interpreted as a guaranty that any assets of the Company will be sufficient to pay any benefit
hereunder. Further, the adoption and maintenance of this Plan shall not be construed as creating any contract of employment between the Company and any Participant. The Plan shall not affect the right of the Company to deal with any Participants in
employment respects, including their hiring, discharge, compensation, and conditions of employment. 

Section 6.7 The Administrator may from time to time establish rules and procedures which it determines to be
necessary for the proper administration of the Plan and the benefits payable to an individual in the event that the individual is declared incompetent and a conservator or other person legally charged with that individual’s care is appointed.
Except as otherwise provided herein, when the Company determines that such individual is unable to manage his or her financial affairs, the Company may pay such individual’s benefits to such conservator, person legally charged with such
individual’s care, or institution then contributing toward or providing for the care and maintenance of such individual. Any such payment shall constitute a complete discharge of any liability of the Company and the Plan for such individual.

 Section 6.8 The Plan may be continued after a sale of assets of the Company, or a merger or
consolidation of the Company into or with another corporation or entity only if and to the extent that the transferee, purchaser or successor entity agrees to continue the Plan. In the event that the Plan is not continued by the transferee,
purchaser or successor entity, then the Plan shall be terminated subject to the provisions of Article 4. 

Section 6.9 Each Participant shall keep the Company informed of his or her current address and the current
address of any designated beneficiary. The Company shall not be obligated to search for any person. If such person is not located within three 

 
(3) years after the date on which payment of the Participant’s benefits payable under this Plan may first be made, payment may be made as though the Participant or his or her beneficiary had
died at the end of such three-year period. 
 Section 6.10 Unless expressly provided thereunder, the
amounts to which a Participant is entitled under the Plan shall not be deemed to be compensation for the purpose of calculating the amount of a Participant’s benefits or contributions under a pension plan or retirement plan qualified under
Section 401(a) of the Internal Revenue Code of 1986, as amended, the amount of life insurance payable under any life insurance plan established or maintained by the Company, or the amount of any disability benefit payments payable under any
disability plan established or maintained by the Company, except to the extent specifically provided in any such plan. 
 Section 6.11 The captions of Sections and paragraphs of this Plan are for convenience of reference only and shall not control or affect the meaning or construction of any of its provisions.

 Section 6.12 To the extent required by the laws in effect at the time compensation or deferred
compensation payments are made, the Company shall withhold from such compensation, or from deferred compensation payments made hereunder, any taxes required to be withheld for federal, state or local government purposes. 

Section 6.13 Notwithstanding any provision herein to the contrary, neither the Company nor any individual
acting as an employee or agent of the Company shall be liable to any Participant, former Participant, designated beneficiary, or any other person for any claim, loss, liability or expense incurred in connection with the Plan, unless attributable to
fraud or willful misconduct on the part of the Company or any such employee or agent of the Company. 

Section 6.14 All questions pertaining to the construction, validity and effect of the Plan shall be
determined in accordance with the laws of the United States and to the extent not preempted by such laws, by the laws of the State of New York. 
 Section 6.15 This Plan shall be governed by and subject to the requirements of Code Section 409A and shall be interpreted and administered in accordance with that intent. If any provision
of this Plan would otherwise conflict with or frustrate this intent, that provision will be interpreted and deemed amended so as to avoid the conflict. The Committee reserves the right to take any action it deems appropriate or necessary to comply
with the requirements of Code Section 409A and may take advantage of such transition rules under Code Section 409A as it deems necessary or appropriate. Since this Plan is intended to operate in conjunction with the Profit Sharing Plan,
any questions concerning plan administration or the calculation of benefits that arise but are not specifically addressed by this Plan shall be considered in light of the Profit Sharing Plan. In addition, unless the context requires otherwise, the
terms used in this Plan shall have the same meaning as the same terms used in the Profit Sharing Plan. 
  

			
	MONRO MUFFLER BRAKE, INC.
		
	By: 	 	/s/ Catherine D’Amico
		 	         Executive Vice President – Finance,

		 	         Chief Financial Officer and TreasurerTrademark License Agreement

 Exhibit 10.4 
 TRADEMARK LICENSE AGREEMENT 
 This TRADEMARK LICENSE AGREEMENT
(“License”) is made and entered into July 31, 1994, by and among DRA, Inc., a company organized under the laws of the State of Delaware (“DRA”), DR International, Inc., a company organized under the laws of the State of
Delaware (“DRI” and, together with DRA, the “Licensee”), and General Motors Corporation, through its Delco Remy Division, a corporation organized under the laws of the State of Delaware (“GM”). 

WITNESSETH 

WHEREAS, GM, DRI and DRA have entered into the Asset Purchase Agreement dated July 13, 1994 (the “Asset Purchase
Agreement”) under which DRA has acquired (the “Acquisition”) certain assets and assumed certain liabilities of the Delco Remy Division. 
 WHEREAS, DRI and DRA desire to acquire, and GM is willing to grant, a license to use certain trademarks and tradenames of Delco Remy Division world-wide. 

NOW THEREFORE, in consideration of the mutual promises contained herein and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties, for themselves and their successors and assigns, agree as follows: 
  

	1.	DEFINITIONS 

 The
following terms have the meaning ascribed to them herein: 
 Businesses. The term “Businesses” shall mean the
production, distribution, sale and servicing of heavy duty starter motors and generators (“Heavy Duty Starter Motors Business”), remanufactured heavy duty starter motors and generators (“HD Reman Business”), light duty starter
motors (“Light Duty Starter Motor Business”), remanufactured light duty starter motors (“LD Reman Business”), and powder metal forge (“PMF Business”). 

 Closing. The term “Closing” has the meaning ascribed to it in the Asset
Purchase Agreement. 
 Component Supply Agreements. The term “Component Supply Agreements” means the Heavy Duty
Component Supply Agreement, Light Duty Component Supply Agreement, Powder Metal Forge Component Supply Agreement and Distribution and Supply Agreement between DRA and GM included among the Ancillary Agreements to the Asset Purchase Agreement.

 Delco Remy Trademarks. “Delco Remy Trademarks” means “DELCO REMY”, “DELCO REMY AMERICA”,
“DELCOTRON” (with regard to heavy duty generators only), the “DELCO REMY AMERICA logo” as set forth in Exhibit A, and such other logotypes containing “Delco Remy” as DRA or DRI may adopt (subject to GM’s written
consent not to be unreasonably delayed or withheld) and use during the term of this license as provided herein. 
 Delco Remy
Tradenames. The term “Delco Remy Tradenames” shall mean “Delco Remy America” and/or “Delco Remy International”. 
 Effective Date. The term “Effective Date” means the date of this Agreement. 
 Product Liability Insurance. The term “Product Liability Insurance” means insurance maintained by Licensee in accordance with Paragraph 5 hereof. 

  
 2 

 Products. The term “Products” means the products manufactured by the
Businesses as of the date of the signing of this License and any replacements and extensions thereof. 
 Quality
Standards. The term “Quality Standards” has the meaning described in Paragraph 6(a) herein. 
 Remy
Trademarks. “Remy Trademarks” means “REMY”, “REMY AMERICA”, “REMY INTERNATIONAL”, and such logotypes as Licensee may adopt containing “REMY”, “REMY AMERICA” or “REMY
INTERNATIONAL”. 
 Remy Tradenames. “Remy Tradenames” means “REMY AMERICA” and “REMY
INTERNATIONAL.” 
 Territory. GM and Licensee have agreed that Licensee shall be entitled to use the Delco Remy
Trademarks world-wide. However, the term “Territory” shall mean initially the United States (its territories and possessions including, without limitation, Puerto Rico and the U.S. Virgin Islands), Mexico, Canada, and such other countries
set forth on Exhibit B, as may be expanded as provided in Paragraph 4(e) herein. 
 Trademarks. “Trademarks”
means the “Delco Remy Trademarks”, the “Remy Trademarks,” and any other term that GM authorizes as provided herein for use as a trademark. 
 Tradenames. The term “Tradenames” shall mean the Delco Remy Tradenames and the Remy Tradenames. 

  
 3 

 Tradename License Agreement. The term “Tradename License Agreement” shall
mean the Tradename License Agreement among GM, DRA and DRI. 
 Capitalized terms used but not otherwise defined herein shall have the meanings
ascribed to them in the Asset Purchase Agreement. 
  

	2.	GRANT OF LICENSE 

  

	 	(a)	Authorization For Products. Subject to the terms and conditions of this License, GM hereby grants to Licensee and Licensee hereby accepts, an exclusive, royalty
free license to use (i) the Trademarks on and in connection with existing Products finished goods inventory as of the Closing, (ii) the Trademarks in the form and manner specified by GM and/or approved by GM under this Agreement on and in
connection with new and replacement Products made by or for Licensee developed for supply to GM pursuant to the Component Supply Agreements; (iii) the Trademarks on and in connection with Products and replacement and extension Products made by
or for Licensee not supplied to GM, and (iv) the Remy Trademarks on and in connection with other products. 

  

	 	(b)	The grant shall include the manufacture (including the right to have made), advertising, promotion, distribution, service and sale of such Products in the Territory by
or for Licensee as provided herein. 

  

	 	(c)	 Term and Royalty. The initial term (“Initial Term”) of the license of the Delco Remy Trademarks hereby granted shall commence on the
Effective Date, and shall continue for ten (10) years unless otherwise terminated as provided herein. Upon expiration of the Initial Term, this Agreement shall continue indefinitely on the same terms except that Licensee agrees to pay an annual
license fee of one hundred thousand dollars ($100,000) payable upon the date of continuation and each anniversary date thereof. The license of the Remy Trademarks hereby granted shall commence on the Effective Date, shall

  
 4 

	 	 
be perpetual, fully-paid, and royalty-free, and may be freely assigned, mortgaged, sublicensed or encumbered, subject, however, to the covenants in Paragraph 2(f) of this Agreement.

  

	 	(d)	Limitations to Licensee’s Rights. Except as provided in the Manufacturers Representative Agreement, Licensee shall not use the Delco Remy Trademarks
directly or indirectly on or in connection with, or in relation to, any product except Products. Licensee shall not combine the Trademarks with any other trademark without the express written authorization of GM, provided, however, that Licensee may
use the Trademarks together with other trademarks, service marks, and tradenames including without limitation “ROAD GANG” and other marks for specific products. Licensee shall not make trademark use of the Trademarks or any confusingly
similar forms of, variation on, or alternative spelling of the term “DELCO”, “GM”, “GENERAL MOTORS”, or “DELCO REMY DIVISION”, except as provided in this Agreement or pursuant to Paragraph 8 of this Agreement.
No other right or license is granted hereby by implication or otherwise under any other mark, trademark, service mark or trade name of GM. Nothing in this Paragraph (d) shall be interpreted to limit or expand upon the rights granted Licensee to
use the Tradenames under the Tradename License Agreement. 

  

	 	(e)	GM shall not use, and will not directly or indirectly authorize or permit any third party to use the Trademarks or logotypes created by Licensee (or any confusingly
similar form of variation on, or alternative spelling thereof), directly or indirectly on or in connection with or in relation to Products. 

  

	 	(f)	Notwithstanding the other provisions of this Agreement, neither Licensee nor its sublicensees, assigns, or affiliates may use the Remy Trademarks directly or indirectly
on or in connection with or in relation to (i) batteries at any time after the Closing Date or (ii) for 10 years after the Closing Date for any other product manufactured by the Delco Remy Division on the Closing Date and not acquired by
DRA. 

  
 5 

	3.	GOODWILL 

 Licensee
recognizes the value of the goodwill associated with the Trademarks and acknowledges that, except for assignments pursuant to Paragraph 8 of this Agreement, the Trademarks, and all rights therein and the goodwill pertaining thereto, belong
exclusively to GM and that the Trademarks have acquired secondary meaning in the mind of the public in association with GM. Notwithstanding anything to the contrary expressed in this License, Licensee shall not acquire, be deemed to have acquired
and shall not claim any rights to the Trademarks other than the rights granted by GM under this License or pursuant to Paragraph 8 of this Agreement. 
  

	4.	GM’S TITLE AND PROTECTION OF GM’S RIGHTS 

  

	 	(a)	GM’s Representations. GM represents and warrants that in the Territory: (i) it is the sole and exclusive owner of all right, title and interest in and
to the Trademarks and various U.S. and foreign registrations for use on and in connection with Products; (ii) it has the power to grant the rights and licenses granted to Licensee herein and has not granted rights and licenses to the Trademarks
to any person other than Licensee hereunder with respect to Products; (iii) it has not abandoned the Trademarks; (iv) the aforementioned registrations have not been adjudged or declared invalid by any court in any jurisdiction;
(v) such trademark registrations are not, as of the date of this License, the subject of any claim, litigation or U.S. Patent and Trademark Office proceeding; (vi) it is not aware of any rights of any third party which would be infringed
by Licensee’s use of the Trademarks as authorized herein; and (vi) it is not aware of any rights of any third party which would be infringed by Licensee’s use of the Trademarks on or in connection with Products outside the initial
Territory. 

  

	 	(b)	 Conduct of Licensee. Licensee agrees that it will not knowingly do or suffer to be done during the Term or any renewal period of this License
any act or 

  
 6 

	 	 
thing that will materially impair the rights of GM in and to the Trademarks then licensed hereunder. GM hereby agrees to indemnify and defend Licensee and undertakes to hold it harmless against
any claims or suits to the extent that such claim or suit arises out of the exploitation and use by Licensee of the Trademarks as authorized in this License with respect to Products, provided that the claim or suit arises in the Territory and prompt
notice is given to GM of any such claim or suit and provided further that GM shall have the option to undertake and conduct, at GM’s expense, the defense of any suit brought and that no settlement of any such claim or suit is made without prior
written consent of GM (which consent shall not be unreasonably delayed or withheld). Licensee shall participate in such defense, at its own expense, to protect its interests. GM shall keep Licensee informed on all material developments throughout
the progress of any such defense, and GM shall not, without Licensee’s prior approval, which approval shall not be unreasonably withheld, enter into any consent, settlement, or other agreement which materially diminishes or restricts
Licensee’s rights under this License or places any material restrictions or conditions upon Licensee’s use of the Trademarks with respect to Products. 

 

	 	(c)	 Assistance. Licensee agrees to assist GM to the extent reasonably necessary in the procurement of any protection or to protect any of GM’s
rights in and to the Trademarks for Products. To this end, GM may commence or prosecute, at GM’s expense, any claims or suits in its own name, in the name of Licensee or may join Licensee as a party thereto provided that GM indemnifies and
defends and holds Licensee harmless from any claims, suits or counterclaims resulting therefrom. Each party shall promptly notify the other in writing of any material infringement or imitation by others of the Trademarks on goods the same as or
similar to the Products covered by this License which may come to such party’s attention. The parties shall promptly consult with each other and use their best efforts to agree upon a course of action to be taken with respect to such
infringement, provided, however, that, 

  
 7 

	 	 
GM shall have the sole right to determine whether or not it takes any action on account of any such infringement or imitation. If GM decides not to take action, Licensee may then take action in
its own name and at its expense and discretion and may join GM as a party to the extent necessary, provided that Licensee indemnifies and defends and holds GM harmless from any claims, suits, or counterclaims resulting therefrom.

  

	 	(d)	No Registration. Except as otherwise provided in this Agreement, Licensee shall not attempt to register the Trademarks, the term “DELCO”, or any
formative thereof, alone or as part of its own trademark, nor shall Licensee use or attempt to register any marks which are likely to be confusingly similar to or constitute a colorable imitation of the Trademarks. 

 

	 	(e)	 Registration and Registered User. GM shall seek and maintain in GM’s name registrations of the Trademarks in the Territory for those
Products which Licensee sells or intends to sell in the Territory. GM shall pay the initial cost for registration of the Delco Remy Trademarks in the Territory and for the recordal or registration of this License, any related agreements and of
Licensee as a registered user. In addition, Licensee may request that GM register and maintain the Remy Trademarks for such products in such countries as Licensee deems necessary or desirable, for which Licensee will reimburse GM for its
out-of-pocket costs. In the event that Licensee desires to market Products bearing Delco Remy Trademarks in any country not then included in the Territory, Licensee shall first promptly notify GM so appropriate trademark applications can be filed by
GM before any marketing of such products shall commence; provided that GM shall instruct the filing of any application within thirty (30) days after receipt of the notice to GM. Licensee agrees to cooperate with GM in having Licensee recorded
as a registered user where GM in its sole discretion deems that such recordal is necessary. Licensee agrees to pay the out-of-pocket costs incurred by GM for the registration and recordal in any country which Licensee has requested to add to the
Territory, and for the maintenance and renewal of other registrations and recordals, provided that 

  
 8 

	 	 
GM gives Licensee 6 months prior notice of the deadlines for such maintenance and renewal and in countries where there is no actual or contemplated use the option of declining to maintain or
renew such registrations or recordals. Each party shall furnish the other with all reasonably requested information and documentation (including the execution and delivery of any appropriate and accurate affidavits, declarations, oaths and other
documentation) to assist the other in obtaining or maintaining trademark registrations or other forms of intellectual property protection and registrations and in any litigation or administrative proceeding related thereto.

  

	 	(f)	No Assignment. It is agreed that nothing contained in this License shall be construed as an assignment or grant to Licensee of any right, title or interest in or
to the Trademarks, it being understood that all rights relating thereto are reserved by GM, except for (i) the License to Licensee of the right to use and utilize the Trademarks only as specifically and expressly provided in this License and
(2) the assignment to Licensee of the trademarks and tradenames under the Asset Purchase Agreement and pursuant to Paragraph 8 of this Agreement. 

  

	5.	INDEMNIFICATION BY LICENSEE AND PRODUCT LIABILITY INSURANCE 

 Licensee agrees that it will obtain as of the Closing, at its own expense, Product Liability Insurance from a recognized insurance company which is qualified to do business in the State of Indiana,
providing adequate protection (in the minimum amount of five million dollars ($5,000,000) per occurrence) for GM (as well as Licensee) against any product liability claims related to the Products. As proof of such insurance, a certificate of Product
Liability Insurance, naming GM as an additional insured party (and setting forth the amount of insurance, the policy number, the date of expiration and including a provision requiring that GM be given thirty (30) days written notice prior to
termination, reduction or modification of such insurance 

  
 9 

 
coverage) shall be submitted to GM by Licensee within thirty (30) days after the execution of this License. Upon modification thereof, Licensee shall furnish promptly to GM a copy of the
modified certificate of Product Liability Insurance. Licensee’s procurement of Product Liability Insurance or furnishing to GM a certificate therefor shall not relieve Licensee of its obligation or liabilities under this License. 

 

	6.	QUALITY CONTROL 

  

	 	(a)	Quality Standards. GM acknowledges that the Products currently manufactured by its Delco Remy Division meets its high standards for quality. Licensee
acknowledges that if the Products it manufactures after the Closing were to be of inferior quality in design, material or workmanship, the substantial goodwill that GM has built up and now possesses in the Trademarks would be impaired. Accordingly,
it is an essential condition of this License, and Licensee hereby covenants and agrees: (i) that the overall quality of the Products covered by this License, and any use or depiction of the Delco Remy Trademarks in connection therewith, shall
continue to meet or exceed the overall standard and quality as those manufactured by or for the Delco Remy Division as of the Closing; and (ii) that products bearing the Delco Remy Trademarks or Remy Trademarks will be manufactured, imported,
promoted, sold, distributed and exploited in all material respects in accordance with all applicable and material federal, state and local laws and regulations. In addition, if any Product sold by Licensee to GM under the Component Supply Agreements
is resourced by GM because of Licensee’s breach of the quality requirements of such agreement, then Licensee will not thereafter use the Delco Remy Trademarks to promote that particular Product for sale in the same application as original
equipment or new service parts. All products sold bearing the Remy Trademarks under this License will be of merchantable quality as defined in the Uniform Commercial Code. 

  
 10 

	 	(b)	Reporting and Inspection. In order to verify that Licensee is continuing to maintain the Quality Standards as required under this License, at GM’s
reasonable request Licensee shall deliver to GM or its designee sample Products bearing the Delco Remy Trademarks and products bearing the Remy Trademarks, together with information relating to the design, specification, manufacture and reliability
of products including but not limited to those supplied to GM pursuant to the Component Supply Agreements. This requirement shall survive the termination of such Component Supply Agreements. 

 

	 	(c)	Advertising. Licensee shall provide GM at any time, at GM’s reasonable request but not more than three times per year, a representative sampling of all
current or proposed tags, labels, identification plates, packaging, advertising copy, brochures, catalogs, marketing and promotional materials, bearing the Delco Remy Trademarks not previously provided pursuant to this provision (individually or
collectively, the “Material”) for GM’s review of: (i) the manner in which the Delco Remy Trademarks are used and depicted; (ii) conformity to the Quality Standards; and (iii) the notices required in Paragraph 7 below.
GM shall use its best efforts to respond with any reasonable objections thereto in writing within fourteen (14) days, and the parties will use their best efforts to resolve in good faith such objections. If GM shall fail, however, to object in
writing within thirty (30) days after receipt of the Material, it shall be deemed to have consented to Licensee’s use of the Material. Such consent by GM shall not constitute a waiver of Licensee’s other duties under this License.

  

	7.	TRADEMARK AND LICENSE NOTICES 

 Licensee agrees that, on or before six (6) months after the Effective Date and throughout the Term of this License, it will cause to appear where practical or appropriate when a Delco Remy Trademark
is used (a) on all advertising, promotional 

  
 11 

 
and point-of-sale materials (including, without limitation, brochures and catalogs) used by Licensee in connection with the Products; and (b) within the bulk shipment of any large quantity
of Products shipped in bulk to an end user, a notice that the term “DELCO REMY” is a registered trademark of GM (“Trademark Notice”) and a notice that the Delco Remy Trademarks are being used by Licensee pursuant to this License
from GM (“License Notice”), unless other notice is authorized by GM or is necessary or desirable under the law or practice of the country. The Trademark Notice shall consist substantially of the following: “DELCO REMY is a registered
trademark of General Motors Corporation used under license.” All advertising and promotional materials bearing a Delco Remy Trademark used by Licensee in connection with the Products shall contain the foregoing notice, unless other notice is
authorized by GM or is necessary or desirable under the law or practice of the country. 
  

	8.	RIGHT TO ACQUIRE REMY TRADEMARKS 

 GM will, within 30 days after Licensee’s written request, transfer and assign, or cause to be transferred and assigned, to a Licensee or its designee the right, title and interest to the Remy
Trademarks in such country or countries as Licensee may designate, to the extent that such transfer and assignment is permissible under applicable law, together with all assignments and other documents necessary to effect such transfer and all
records relating to the registration of such marks. Licensee’s use of the Remy Trademarks after any such transfer will remain subject to Licensee’s covenants under Paragraph 2(f) of this Agreement. Licensee will bear the expense of
preparing and recording such documents and assignments as well as all out-of-pocket legal costs, taxes, and fees related thereto. Licensee may exercise its right to cause GM to transfer the Remy Trademarks from time to time in such countries as its
chooses until it has acquired all right, title and interest to the Remy Trademarks in all countries. To the extent necessary, the parties will enter into such consent agreement as is appropriate under the laws of each such country to ensure the
protection of the Remy Trademarks as to Licensee and the Delco Remy Trademarks as to GM. 

  
 12 

 
Contemporaneous with each such transfer and assignment, GM will, to the extent requested by Licensee in writing, voluntarily partially cancel, abandon, relinquish or limit any of its or its
affiliates’ rights to and registrations of Delco Remy Trademarks in such country or countries with respect to Products, provided, however, that Licensee will not thereafter sell Products in such country or countries under the Delco Remy
Trademarks if registration with respect to Products would be required there. Nothing herein will limit GM’s ability to use, license, register, or maintain registrations for the Delco Remy Trademarks on or in connection with, or in relation to,
any product or service of the Delco Remy Division as of the Closing Date other than the Products. With respect to each country in which Licensee has been assigned the Remy Trademarks, as of the effective date of any such assignment the Remy
Trademarks will no longer be subject to this License in such country, the definition of the term “Trademarks” in this Agreement will exclude the Remy Trademarks as to such country, and Licensee’s covenants and acknowledgements in
Paragraphs 2(d), 3 and 4 with respect to the Delco Remy Trademarks will not be interpreted to limit or restrict Licensee’s use of or rights to the Remy Tradenames as to such country, provided, however, that such changes will not alter
Licensee’s covenants under Paragraph 2(f) of this Agreement. 
  

	9.	TERMINATION 

  

	 	(a)	Bankruptcy. If Licensee: (i) files a voluntary petition for an order of relief in bankruptcy; (ii) is adjudicated a bankrupt; (iii) has an
involuntary petition in bankruptcy filed against it which remains unstayed or undismissed for sixty (60) days following the filing thereof; (iv) makes an assignment for the benefit of its creditors or pursuant to any bankruptcy law; or
(v) has a liquidating receiver appointed for it or for its business, the License hereby granted shall automatically terminate without any notice being necessary. 

 

	 	(b)	 Breach. If either party shall commit a material breach of any of its obligations under this License, the non-breaching party shall have the
right to terminate 

  
 13 

	 	 
this License upon ninety (90) days prior written notice (“Notice Of Termination”), and such Notice Of Termination shall become effective unless the breaching party shall have
substantially remedied the breach within the ninety (90) day period, which may be extended an additional ninety (90) days if requested in writing by the breaching party and the breaching party is working in good faith to fully remedy such
breach. 

  

	10.	DISPOSAL OF STOCK UPON EXPIRATION OR TERMINATION 

 After expiration or termination of this License under the provisions of Paragraph 9, Licensee may dispose of Products bearing Trademarks which were manufactured prior to the time of expiration or
termination. Licensee shall in no event manufacture, promote, assemble, sell, exploit or dispose of any Product bearing Trademarks after termination of this License, where such termination was based on the material departure by Licensee from the
Quality Standards required by Paragraph 6(a) of this License. 
  

	11.	EFFECT OF EXPIRATION OR TERMINATION 

 Upon and after the expiration or termination of this License, the license granted to Licensee hereunder shall forthwith revert to GM, except as provided in Paragraph 10, and Licensee shall execute any
instruments reasonably requested by GM, at GM’s expense, to accomplish or confirm the foregoing, provided, however, that such expiration or termination shall not in any way diminish, limit, revoke, or cause any reversion of, Licensee’s
rights to the trademarks and tradenames transferred and assigned under the Asset Purchase Agreement or pursuant to Paragraph 8 of this Agreement. 

  
 14 

	12.	REMEDIES 

  

	 	(a)	No Waiver. The resort by either party to any remedies referred to herein shall not be construed as a waiver of any other rights or remedies to which such party
is entitled under this License or otherwise. 

  

	 	(b)	Remedies Cumulative. All rights and remedies of a party hereto whether evidenced hereby or arising as a result of any other contract, agreement, instrument or
law shall be cumulative and may be exercised singularly or concurrently. 

  

	13.	NOTICES 

 All
communications, notices and exchanges of information contemplated herein, or required or permitted to be given under this License, must be in writing and will be deemed effective when delivered in person or on the third business day after the day on
which such notice is mailed by the highest class of regular mail to the following addresses: 
  

			
	If to GM:	  	AC Delco Systems Division
		  	4800 S. Saginaw Street
		  	Flint, Michigan 48501
		  	Attention: Finance Director
		  	Fax: (810) 257-5526
		
	with a copy to:	  	General Motors Corporation
		  	Office of General Counsel
		  	3031 West Grand Boulevard
		  	P. O. Box 33122
		  	Detroit, Michigan 48232-5122
		  	Attention: Trademark Counsel
		
	If to Licensee:	  	Delco Remy America, Inc.
		  	2405 Columbus Avenue
		  	Anderson, Indiana 46018
		  	Attention: Chief Financial Officer
		  	Fax: (317) 646-3531

  
 15 

			
	 	  	DR International, Inc.
		  	275 Rex Boulevard
		  	Auburn Hills, Michigan 48326
		  	Attention: Harold K. Sperlich
		  	Fax: (810) 852-7286
		
	with a copy to:	  	Dechert Price & Rhoads
		  	4000 Bell Atlantic Rower
		  	1717 Arch Street
		  	Philadelphia, Pennsylvania 19103
		  	Attention: G. Daniel O’Donnell, Esquire
		  	Fax: (215) 994-2222

  

	14.	RELATIONSHIP BETWEEN GM AND LICENSEE 

 Nothing in this License shall be construed to place the parties in a relationship whereby either shall be considered to be the agent of the other for any purpose whatsoever. Neither party is authorized to
bind the other party or to enter into any contract or assume any obligation for the other. Any such unauthorized act will be null and void as to the party for which such obligations were assumed. Nothing in this License shall be construed to
establish a relationship of partners or joint venturers between GM and Licensee. Each party is individually responsible only for its own obligations, duties and promises as set out in this License. 

 

	15.	ASSIGNMENT OR SUBLICENSE 

 With the exception of the license of the Remy Trademarks and Licensee’s rights under Paragraph 8, this License and each part hereof and all rights and duties hereunder are personal to Licensee and
shall not, without the prior written consent of GM, be assigned, mortgaged, sublicensed or otherwise encumbered by Licensee or by operation of law. If Licensee determines that it needs to enter into a sublicense or joint license with respect to the
Delco Remy Trademarks, it should make such request in writing to GM. Such request should state the name and address of the company for which the sublicense or joint license is sought, a description of such company and

  
 16 

 
sufficient financial information with respect to such company which will enable GM to satisfy itself as to financial health and standing of such company. Licensee must also set forth the Products
for which a sublicense or joint license is sought, the intended customers and why it believes a sublicense or joint license is necessary and what steps will be taken to protect the trademarks and assure the quality of the Products involved.
Notwithstanding the foregoing, GM may assign this License without first obtaining Licensee’s written consent to any wholly owned subsidiary company of GM, and Licensee may assign this License as part of an internal reorganization or to the
successor of all or substantially all of its business. 
  

	16.	NO WAIVER, ENTIRE AGREEMENT 

 None of the terms of this License can be waived or modified except by an express agreement in writing signed by all of the parties. There are no representations, promises, warranties, covenants or
undertakings other than those contained in this License and Exhibits hereto, and the Asset Purchase Agreement, which represent the entire understanding of the parties hereto relating to the subject matter thereof. The failure of either party hereto
to enforce, or the delay by either party in enforcing, any of its rights under this License shall not be deemed a continuing waiver or a modification thereof, and either party may, within the time provided by applicable law, commence appropriate
legal proceedings to enforce any or all of such rights. No person, firm, group or corporation other than Licensee and GM shall be deemed to have acquired any rights by reason of anything contained in this License. 

 

	17.	MISCELLANEOUS 

  

	 	(a)	Controlling Law. This License shall be considered as having been entered into in the State of New York, without giving effect to the principles of conflict of
laws, and shall be construed and interpreted in accordance with the laws of that State. 

  
 17 

	 	(b)	Service of Process. Service of process shall be effective if mailed pursuant to Paragraph 13 hereof. 

 

	 	(c)	Singular Shall Include Plural. Whenever required by the context, the singular shall include the plural, and the plural the singular, and the masculine shall
include the feminine and neuter. 

  

	 	(d)	Severability. The provisions of this License shall be severable, and if any provision of this License shall be held or declared to be illegal, invalid, or
unenforceable in any jurisdiction, such illegality, invalidity or unenforceability shall not affect any other provision hereof or the interpretation and effect of this License as to any other jurisdiction, and the remainder of this License,
disregarding such illegal, invalid or unenforceable provision shall continue in full force and effect as though such illegal, invalid, or unenforceable provision had not been contained herein. 

 

	 	(e)	Headings. Headings or titles to Paragraphs or subparagraphs in this License are for the convenience of reference only and shall not affect the meaning or
interpretation of this License or any part hereof. 

  

	 	(f)	No Modifications. This License may not be released, discharged, abandoned, changed or modified in any manner except in an instrument signed by each of the
parties hereto. 

  

	 	(g)	No Strict Construction. The language used in this License shall be deemed to be language chosen by all parties hereto to express their mutual intent, and no rule
of strict construction against either party shall apply to any term or condition of this License. 

  
 18 

	 	(h)	Signature Representation. Each person who signs this License on behalf of a party hereto represents and warrants that he has the proper authority to execute this
License on such party’s behalf. 

 IN WITNESS WHEREOF, GM and DRA have caused this Agreement to be executed by their duly
authorized representatives on the day and year first written above. 
  

			
	GENERAL MOTORS CORPORATION
		
	BY:	 	
 

		
	NAME:	 	 CHARLES A. COTTEN

		
	TITLE:	 	 Attorney in fact

	
	DR INTERNATIONAL, INC.
		
	BY:	 	
 

		
	NAME:	 	 James R. Gerrity

		
	TITLE:	 	 Executive V.P.

	
	DRA, INC.
		
	BY:	 	
 

		
	NAME:	 	 James R. Gerrity

		
	TITLE:	 	 Executive V.P.

  
 19 

 EXHIBIT A 

DELCO REMY AMERICA LOGO 

 

 

 PMS #185 and Black 
 4-20-94 
 Trademark License Agreement 

Exhibit A 

 EXHIBIT B 

LICENSED TERRITORIES 
  

							
	  	    	 TERRITORY
	  	 TERRITORY
	  	  
				
		    	Algeria	  	Morocco	  	
		    	Argentina	  	Namibia	  	
		    	Australia	  	New Zealand	  	
		    	Austria	  	Nicaragua	  	
		    	Bangladesh	  	Nigeria	  	
		    	Benelux	  	Norway	  	
		    	Bolivia	  	O.A.P.I.	  	
		    	Bophuthatswana	  	Pakistan	  	
		    	Botswana	  	Papua New Guinea	  	
		    	Brazil	  	Paraguay	  	
		    	Canada	  	People’s Republic of China	  	
		    	Chile	  	Peru	  	
		    	Colombia	  	Poland	  	
		    	Costa Rica	  	Portugal	  	
		    	Czech Republic	  	Russia	  	
		    	Denmark	  	Saudi Arabia	  	
		    	Ecuador	  	Singapore	  	
		    	Egypt	  	South Africa	  	
		    	El Salvador	  	Spain	  	
		    	Fiji Islands	  	Sri Lanka	  	
		    	Finland	  	Sudan	  	
		    	France	  	Swaziland	  	
		    	Germany	  	Sweden	  	
		    	Ghana	  	Switzerland	  	
		    	Greece	  	Syria	  	
		    	Hong Kong	  	Taiwan	  	
		    	Hungary	  	Tanganyika	  	
		    	Iceland	  	Thailand	  	
		    	India	  	Transkei	  	
		    	Indonesia	  	Turkey	  	
		    	Iran	  	Ukraine	  	
		    	Ireland	  	United Arab Emirates	  	
		    	Israel	  	United Kingdom	  	
		    	Italy	  	United States	  	
		    	Japan	  	Uruguay	  	
		    	Korea	  	Venda	  	
		    	Kuwait	  	Venezuela	  	
		    	Lesotho	  	Western Samoa	  	
		    	Mexico	  	Zambia	  	

 Trademark License Agreement 
 Exhibit B

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