Document:

<PAGE>

                              DONNELLY CORPORATION
       UNFUNDED DEFERRED DIRECTOR FEE PLAN, AS AMENDED AND RESTATED
                           EFFECTIVE DECEMBER 7, 2001

         1. On or before the last day of any year, any director may elect to
defer receipt of all or a specified amount or percentage of the director's fees
to be earned in succeeding years. Any election will continue from year to year
until modified by a later election which will be effective with respect to the
calendar years beginning after the election.

         2. The Company will maintain a separate account for each director to
which deferred fees will be credited as earned. On the last day of each fiscal
quarter, the Company will also credit to each such account interest on the
average balance in that quarter at the rate equal to the prime rate on the last
day of that quarter.

         3. The plan will be unfunded.

         4. Amounts deferred under the Plan, together with accumulated interest,
will be distributed to the director in 10 annual installments, the first of
which will be payable on the first day of the year following the director's
retirement or termination from the board of Directors. The amount of each
installment will be the balance of the director's account at that date divided
by the number of unpaid installments. The balance of the former director's
account will continue to be credited with interest as provided above.

         5. A director may elect to modify the installment payment arrangement
of paragraph 4 by filing with the Company an irrevocable written election to
have the amount in the director's account paid in a single lump sum payment or
in annual or quarterly installments over a fixed period of 10 years or less. In
either case, the first installment or the lump sum distribution will be payable
on the first day of the year following the year in which the director's service
on the board of directors terminates. Any such election must be filed with the
Company at least 24 months prior to the date on which the first installment
would have been payable under paragraph 4 and the Company will make payments to
the former director in accordance with the election.

         6. Upon the death of a director or former director prior to the year in
which the deferred amounts are payable, the balance of the director's account
will be paid to the director's beneficiary in accordance with the form of
payment elected by the director in a written election filed with the Company
prior to death. These elections may be filed along with the designation of the
beneficiaries and the payments will be made in accordance with the last election
filed by the director prior to death. If a director fails to file an election
concerning payment upon death, then payment will be made to the beneficiary in
ten annual installments, the first of which will be payable on the first day of
the year following the death of the director. If a former director dies after
installment payments have begun under paragraphs 4 or 5, the balance of the
installment payments will be made to the director's beneficiary in accordance
with the method of payment elected by the director.

                                       -1-

<PAGE>

         7. Each director may designate a beneficiary or beneficiaries,
including contingent or successor beneficiaries, to receive the balance in the
director's account after the director's death. A beneficiary designation must be
in writing and must be filed with the Company during the director's lifetime.
Each beneficiary designation filed by a director will cancel all designations
previously filed. If a director fails to designate a beneficiary or all
beneficiaries die before the director, the Company will pay the death benefits
to the director's spouse if surviving and, if not, to the director's estate.

         8. A director may elect to withdraw from the account while remaining
on the board of directors as follows:

                  (a)      A director may elect to withdraw all or any part of
                           the account at any time or times after attaining age
                           72 by filing an election form with the Company at
                           least 15 months prior to the date of the withdrawal;
                           and

                  (b)      A director may take receipt of the amount of the
                           quarterly interest to be credited to the account in
                           the following year or years by filing an election
                           form with the Company on or before the last day of
                           the year prior to the year or years in which the
                           interest is to be withdrawn.

         9. If a director's service on the board of directors terminates within
two years after a change in control of the Company, the balance in the former
director's account will be paid to the former director or the director's
beneficiary in a single lump sum payment that will be made on the following
January 1 or six months after service on the board terminates, whichever date is
earlier.

                  A "change in control" means an occurrence of a nature with
respect to Donnelly that would be required to be reported in response to Item
6(e) of Schedule 14A of Regulation 14A promulgated under the Securities Exchange
Act of 1934, as amended. Without limiting the inclusiveness of the definition in
the preceding sentence, a change in control shall be deemed to have occurred as
of the first day that any one or more of the following conditions is satisfied:

                  (a)      Any person is or becomes the beneficial owner,
                           directly or indirectly, of securities of Donnelly
                           representing 40% or more of the combined voting power
                           of Donnelly's then outstanding securities; or

                  (b)      At any time a majority of the board of directors of
                           Donnelly is comprised of other than continuing
                           directors (for purposes of this section, the term
                           continuing director means a director who has either
                           (I) first elected or appointed as a director prior to
                           the effective date of this Agreement; or (ii)
                           subsequently elected or appointed as a director if
                           such director was nominated or appointed by at least
                           a majority of the then continuing directors); or

                                       -2-

<PAGE>

                  (c)      Any of the following occur:

                           (i) Any merger or consolidation of Donnelly, other
                           than a merger or consolidation in which the voting
                           securities of Donnelly immediately prior to the
                           merger or consolidation continue to represent (either
                           by remaining outstanding or being converted into
                           securities of the surviving entity) 50% or more of
                           the combined voting power of Donnelly or surviving
                           entity immediately after the merger or consolidation
                           with another entity.

                           (ii) Any sale, exchange, lease, mortgage, pledge,
                           transfer, or other disposition (in a single
                           transaction or a series of related transactions) of
                           all or all but a non-material portion of the assets
                           of Donnelly;

                           (iii)    Any liquidation or dissolution of Donnelly;

                           (iv)     Any reorganization, reverse stock split, or
                           recapitalization of Donnelly that would result in a
                           change in control; or

                           (v) Any transaction or series of related transactions
                           having, directly or indirectly, the same effect as
                           any of the foregoing; or any agreement, contract, or
                           other arrangement providing for any of the foregoing.

         10. The board of directors will appoint a committee to oversee the
administration of this Plan. The committee will have the authority to accelerate
the payment of any installments to any former director or beneficiary whenever
application for acceleration of the payments is made by the former director or
beneficiary. The committee will have complete discretion in determining whether
to accelerate payments.

         11. The board of directors may elect to pay any amount standing to the
credit of a director in a single payment if the director ceases to be a director
of the Company and becomes employed by, a director of, or otherwise affiliated
with any business that is in competition with the Company.

::ODMA\PCDOCS\GRR\501820\1

                                       -3-<PAGE>

                                                                   Exhibit 10.24

November 12, 2001

                   2002 Compensation Plan for Thomas Sparrvik

The main focus this year is to grow the company and continue on the path of
profitability. The main challenge will be to continue to motivate the staff
while located in San Diego. This reward system intends to motivate you to
fulfill both the Company tasks and, in the long term, create shareholder value
for all shareholders of KMC

The existing contract between us will remain in effect as a base contract,
however, your monthly base salary will be reduced to $2000/month effective
01/01/02, and you will not be part of the KMC benefit plans as of that date.

A "per quarter" bonus will be paid to you, based on the following quarterly
Operating Profit:
----------------

     .    If less than $150K, then $0/Qtr.
     .    If more than $150K, but less than $399K, then $5,000/Qtr.
     .    If more than $400K, but less than $600K, then $7,500/Qtr.
     .    If more than $600K, butless than $900K, then $10,000/Qtr.
     .    If more than $900K, then $15,000/Qtr.

A "year end" bonus of $20,000 will be paid to you if the 2002 Annual Operating
                                                              ----------------
Profit for KMC exceeds $2.0 million.
------

A "year end" bonus will be paid to you based on the following 2002 annual
Revenue results:
-------

     .    If at least $18.5 million, then $7,500.
     .    If between $18.5 million and $21.5 million, then an additional
          $12,500, prorated.
     .    If $21.5 million or more, then $20,000.

Before the bonuses are paid, financial results must be received and approved by
the Audit Committee Chairman.

No Q3 or Q4 bonus will be paid if the 2002 YTD cumulative Operating Profit at
the end of these quarters is less than $1 million.

This agreement will be added to your existing contract and will be in effect Q1
through Q4, 2002.

/s/ Thomas Sparrvik                             /s/ Richard L. Poss
-------------------------                       --------------------------------
Thomas Sparrvik                                 Richard L. Poss
President/CEO                                   Chairman, Compensation Committee

                                                /s/ David C. Malmberg
                                                --------------------------------
                                                David C. Malmberg
                                                Chairman

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00036-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00036-of-00352.parquet"}]]