Document:

Form of Compensation Statement

 Exhibit 10.14 
 Name: 
 COMPENSATION STATEMENT

  

			
		
	 Commencing:
	  	Salary:    per month

 I
agree the salary cited will be my total salary during each monthly period in which General Motors LLC continues it in effect for all hours worked, including overtime. This Statement reaffirms that my employment is from month-to-month on a calendar
month basis and I acknowledge General Motors LLC retains the right in its discretion to increase or decrease my monthly compensation. The parties agree Michigan law applies to this Compensation Statement even if I am employed outside the state.

 I acknowledge that I am aware, or may become, privy to trade secrets or other confidential and/or proprietary information concerning GM
Company and General Motors LLC; its subsidiaries and/or affiliates, the disclosure of which will cause irreparable harm to the Company. I agree that I will not discuss or disclose to any person or entity any trade secret or confidential and/or
proprietary information and, upon termination of my employment with General Motors LLC, I shall return all documents or other materials containing such information to General Motors LLC. 
 For a period of two years following my voluntary termination of employment with General Motors LLC or any of its subsidiaries, I will not, without the prior written consent of the GM Chief Executive
Officer, directly or indirectly, knowingly induce any of the employees of General Motors LLC to leave the employ of General Motors LLC for participation, directly or indirectly, with any existing or future business venture associated with me.

 I agree that my job responsibilities with General Motors LLC and a significant portion of my compensation are consideration for the
confidentiality and non-solicitation agreements noted above. I acknowledge that my breach of the confidentiality or non-solicitation provisions of this agreement will cause irreparable harm to General Motors Company and General Motors LLC because of
the weakened ability of General Motors Company and General Motors LLC to fairly compete and the inherent difficulty in quantifying the damage caused to General Motors Company and General Motors LLC from such breach. Such irreparable harm can and
should be remedied by an injunction against me without any bond being required because any other potential remedy will not be as prompt, certain and full as is necessary to prevent such harm. 
 By signing this compensation statement, I also acknowledge my responsibility to adhere to and believe I am in compliance with General Motors Company and
General Motors LLC guidelines with respect to employee conduct as contained in – the Our Values and Guidelines for Employee Conduct” award of incentive stock (RSU) made to me after November 1, 2009 is subject to recoupment by the
Company in any situation where the Board of Directors of GM Company or a committee thereof determines that fraud, negligence, or intentional misconduct on my part was a significant contributing factor to the Company having to restate all or a
portion of its financial statement(s). The determination regarding employee conduct and repayment under this provision shall be within the sole discretion of the Executive Compensation Committee of the Board of Directors and shall be final and
binding on both parties to this Compensation Statement. 
  

 Page 1 of 2 

 Name: 
 I acknowledge that, there are no other oral or written understandings or agreements in effect regarding my salary, nature or duration of employment, or the other matters set forth in this Compensation
Statement. 
 No modification or amendment of this Compensation Statement will be effective unless it is in writing and signed by both parties.

  
  

					
	 	 	  	  	 
	 Employee
	 		  	 General Motors

			
	 	 	  	  	 
	 Date
	 		  	 Date

  

 Page 2 of 2Employment Agreement for Kenneth W. Cole

 Exhibit 10.15 

 

 

 September 4, 2009 
 Kenneth W. Cole 
 8819 Chalon Drive 
 Bethesda, MD 20817-3040 
 Dear Ken: 
 This letter summarizes the status of your compensation agreements between you and GM. 
 Base
Salary – Your current base salary of $715,000, which is currently reduced by 10% to $643,500, will be unchanged at this time. It will be restored consistent with the restoration of salaries for other members of the Senior Leadership Group.

 Compensation – Consistent with our discussions, you will no longer be guaranteed $1.5 million annually for 2010 and future years.
On May 28, 2009, you were paid $785,000 reflecting the guarantee for 2009. For at least 2009 and 2010, your total compensation structure and payments will be subject to the approval of the Special Master at the U.S. Treasury. 
 SERP Service Credits – You were granted at the time you were hired five-year vesting for the Executive Retirement Plan
(versus the plan language which requires 10-year vesting). You also received two Special SERP Service grants. The first grant gave you 8 years and 4 months of Special SERP credits and the second gave you an additional 4 years. Both grants became
fully earned when you attained age 62, on March 14th,
for a total of 12 years and 4 months of Special SERP Service Credits. Combined with the 5 years and 5 months of actual “frozen” service, a total of 17 years and 9 months is used in your frozen SERP benefit. The estimated Frozen SERP
benefit would provide you the following 5-year annual annuity benefit, including the 10% reduction and basing the 5-year annuity on a 4.41% discount rate: 
  

				
	 	  	Annual Benefit
	 	  	(5-year annuity)
	 October 1, 2009 Retirement
	  	$	562,489.16
	 September 1, 2011 Retirement
	  	$	535,111.06
	 April 1, 2012 Retirement
	  	$	526,903.16

 Continued Employment
– With respect to the 2008 special payment and the 2009 annual payment, if you separate from General Motors on a voluntary basis prior to December 31, 2009 you must repay a prorated share of both of the pre-tax payments made. If you
separate from General Motors on October 1, 2009, you would be required to repay 3-months of the $750,000 2008 payment or $187,500 and 3-months of the $785,000 2009 payment or $196,250. If you are separated by General Motors without cause you
will retain both of the special payments. 
 Non-Solicitation – For a period of two years following your voluntary termination of
employment with GM or any of its subsidiaries, you will not, without the prior written consent of the Chief Executive Officer, directly or indirectly, knowingly induce any of the employees of GM to leave the employ of GM for participation, directly
or indirectly, with any existing or future business venture with which you are associated. 

 Kenneth W. Cole 
 September 4, 2009 
 Page 2 
 Confidentiality – You agree to keep the provisions of this summary confidential except when required to do so by a court of law or regulatory requirement. Breach of the confidentiality
agreement will be considered conduct inimical to the best interests of GM and will void the provisions of this agreement. 
 Employment at
Will – You will continue to be an employee-at-will. No provision of this agreement entitles you to continue in the employ of GM. 
 Please indicate your agreement with these matters by signing below and returning this letter to me. 
  

	
	Sincerely,
	
	/s/ Kathleen S. Barclay

 I agree to the matters
discussed above. 
  

							
	 /s/ Kenneth W. Cole
	 	 	 	 10/1/09
	 	 
	Accepted by:	 		 	Date	 	
	Kenneth W. Cole	 		 		 	
	Vice President	 		 		 	
	 Global Public Policy and
 Government RelationsConsulting Agreement for Frederick A. Henderson

 Exhibit 10.16 
  

			
	
                         

	 	 Gregory E. Lau
 Executive
Director
 Global Compensation and
 Corporate Governance

	
                                         
                                   

		
		 	 General Motors Company
 300 Renaissance Center
 Mail Code 482-C32-C66
 Detroit, MI 48265-3000

 February 18, 2010 
 Mr. Frederick A. Henderson 
 630 Vaughan
Road 
 Bloomfield Hills, MI 48304 
 Dear Fritz: 
 General Motors Holdings LLC herewith offers to engage your services as a consultant on a month-to-month basis, not to
exceed an eleven-month period, beginning February 1, 2010 and ending no later than December 31, 2010. In your capacity as a consultant, your consulting services will be coordinated through the President, General Motors International
Operations (GMIO). We believe that you are uniquely positioned to provide these consulting services and, in general, your duties will consist of providing strategic input and analysis regarding GMIO and GM’s alliances, including strategic
counsel on business matters and background and insight on the major alliances and the key players. 
 As we have discussed, it is estimated that
this consulting arrangement will require approximately 20 hours consulting per month and one meeting per month with the President, GMIO, or his designated representative. It is understood that you will make your services available each month as
noted, although it is recognized that the services and the time required therefore may vary with different monthly periods depending on nature of the project to which your services are required. Except as noted, it is understood that as a consultant
you will determine your work schedule and the manner in which to provide the required services. 
 For your services, you will receive a monthly
fee of $59,090 payable monthly. In addition, you will be reimbursed, upon submission of monthly expense reports, for your reasonable expenses, including travel (transportation and hotel), necessarily incurred in connection with the services
requested and furnished, conditioned upon the expenses being in compliance with GM policy as required by GM’s loan agreements. Any expenses that are expected to be significant should be discussed in advance with the President, GMIO. If this
consulting agreement is terminated by GM prior to December 31, 2010, you will receive your consulting fee and expense reimbursement for the month of termination, this agreement will otherwise terminate, and GM will have no additional economic
obligation under this agreement. 
 It is understood that you intend to provide consulting services to other companies. You are free to provide
such service to other companies except that during the period of this consulting agreement you agree that you will not, without the written consent of the Chief Executive Officer of General Motors, engage in or perform any services for any business
anywhere in the world which designs, manufactures, develops, promotes, or sells any automobiles or trucks, in competition with or for competitors of General Motors LLC, General Motors Holdings LLC, its parent, General Motors Company, or any of their
subsidiaries, affiliates, or any joint ventures to which General Motors Company or any of its subsidiaries or affiliates is a party. 
 You
represent and agree that in the performance of services under this agreement, your actions will not and shall not in any manner be contrary or detrimental to the best interests of General Motors LLC, General Motors Holdings LLC, its parent, General
Motors Company, or any of their subsidiaries, affiliates, or any joint ventures to which General Motors Company or any of its subsidiaries or affiliates is a party. 

 Mr. Frederick A. Henderson 
 February 18, 2010 
 Page 2 
 General Motors Holdings LLC shall reasonably make such determination but it shall be the sole judge of such actions. It is understood and agreed, and you hereby represent, that in performing services
under this agreement, or in connection therewith, neither you nor any person acting on your behalf, has given or offered to give, or will give or offer, any sum of money, or other material consideration to any person, directly or indirectly as an
inducement to influence the granting of any order to General Motors LLC, General Motors Holdings LLC, its parent, General Motors Company, or any of their subsidiaries, affiliates, or any joint ventures to which General Motors Company or any of its
subsidiaries or affiliates is a party for parts, supplies, equipment, or services whether or not such an act constitutes a violation of law. 
 Any inventions or improvements that you may conceive, make, invent, or suggest in connection with work as a consultant or knowledge affected by such work shall be promptly disclosed to General Motors LLC by you and shall become the absolute
property of General Motors LLC or an entity of its choosing. 
 You shall at any time during the life of this agreement or thereafter, at the
request of General Motors LLC or General Motors Holdings LLC, execute any patent papers covering such inventions or improvements, as well as any papers that General Motors LLC, General Motors Holdings LLC, its parent, General Motors Company, or any
of their subsidiaries, affiliates, or any joint ventures to which General Motors Company or any of its subsidiaries or affiliates is a party may consider necessary or helpful in the prosecution of applications for patent thereon, or in connection
with litigation or controversy relating thereto, provided, however, that all expense incident to the filing of such applications and the prosecution thereof and the conduct of litigation shall be borne by General Motors LLC, General Motors Holdings
LLC, its parent, General Motors Company, or one of its subsidiaries, affiliates, or any joint ventures. 
 All information and data of
whatsoever kind or nature furnished or made available to you by General Motors LLC, General Motors Holdings LLC, its parent, General Motors Company, including its subsidiaries, affiliates, and joint ventures to which General Motors Company or any of
its subsidiaries or affiliates is a party, or their representatives, in your capacity as a consultant, shall be treated as confidential and shall not be disclosed to anyone, in any manner whatsoever, either in whole or in part, except upon written
authorization by General Motors LLC. 
 Inasmuch as you will function as an independent contractor, it is agreed that you will not have the
status of an employee of General Motors LLC, General Motors Holdings LLC, its parent, General Motors Company, or any of their subsidiaries, affiliates, or any joint ventures to which General Motors Company or any of its subsidiaries or affiliates is
a party. It is further understood that other than with respect to travel or other charges as specified above, you will provide all instrumentalities necessary for you to fulfill your consulting obligation under this agreement and that, other than as
specified herein, you will not be subject to oversight or control by General Motors LLC, General Motors Holdings LLC, or General Motors Company regarding the means, methods or manner by which you prepare or provide such consulting services, provided
that General Motors Holdings LLC retains the right to determine whether your final work product is satisfactory. Because you will function as an independent contractor, General Motors Holdings LLC will report your fees each year to the IRS on a Form
1099; however, no deductions from your fees will be made, either for income tax or FICA tax purposes, or other statutory deductions, unless required by regulation or order. 
 Since you are not an employee of General Motors LLC, General Motors Holdings LLC, its parent, General Motors Company, or any of their subsidiaries it is understood that you will not be eligible to
participate in any of their employee benefit plans or programs because of the services provided as a consultant, and you shall not earn any credited service under any pension or incentive compensation plan. Nothing in this agreement otherwise limits
your eligibility for benefits, e.g., vested pension benefits, related exclusively to your prior service as an employee of General Motors. 

 Mr. Frederick A. Henderson 
 February 18, 2010 
 Page 3 
 This agreement shall be governed by and construed in accordance with the laws of the State of Michigan. This agreement may be terminated by either party at any time upon 20 days written notice delivered
to the other party at the address set forth below the signature of the party to whom such notice is addressed. 
 If the foregoing is acceptable
to you, will you kindly endorse your acceptance on the original and two (2) copies thereof, retain one copy and return the original and one copy to my attention. 
  

	
	Sincerely,
	
	/s/ Gregory E. Lau
	 Gregory E. Lau
 Executive
Director
 Global Compensation &
 Corporate Governance
 300 Renaissance Center
 Mail Code 482-C32-C66
 Detroit, MI 48265-3000

 Accepted this 19th day of February, 2010 
  

	
	/s/ Frederick A. Henderson
	 Frederick A. Henderson
 630
Vaughan Road
 Bloomfield Hills, MI 48304

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