Document:

EX-4.4

 

Exhibit 4.4

DANA HOLDING CORPORATION

2008 COMMON STOCK BONUS PLAN

     1. Purpose.
The purpose of this 2008 Common Stock Bonus Plan is to allow Dana
Holding Corporation to provide, after the Effective Date, a one-time post-emergence bonus of shares
of the Corporation’s Common Stock to Covered Employees who are
not otherwise included under Appendix J of the Union Settlement
Agreements (as defined in the Plan of Reorganization).

     2. Definitions. As used in the Plan:

     (a) The term “Authorized Officer” has the meaning specified in Section 10(b) of the
Plan.

     (b) The term “Board of Directors” means the Board of Directors of the Corporation.

     (c) The term “Code” means the Internal Revenue Code of 1986, as amended from time to time,
including any rules and regulations promulgated thereunder.

     (d) The term “Common Stock” means the common stock, par value $0.01 per share, of the
Corporation or any security into which such shares of Common Stock may be changed by reason of any
transaction or event of the type referred to in Section 8 of the Plan.

     (e) The term “Corporation” means Dana Holding Corporation, a Delaware corporation, and its
successors.

     (f) The
term “Covered Employee” means a person who:

     (i)
(A)  is not covered by a collective bargaining agreement as of
the Effective Date,
(B) is a permanent, full-time hourly or salaried employee on the
active payroll of, on an approved leave of absence (which began
within 90 days prior to the Effective Date) from, or on temporary
layoff (which began within 90 days prior to the Effective Date) from,
the Corporation or any Subsidiary, and employed at a location in the
United States, on the Effective Date, (C) has been employed by
Dana Corporation, a Virginia Corporation (“Dana”), or any of
Dana’s subsidiaries, for at least one year on the Effective
Date, and (D) is not eligible for any of Dana’s management bonus or
incentive programs or awards for 2007;

     (ii)
(A) is represented by one of the Unions (as defined in the Plan of Reorganization, a
“Union”) as of the Effective Date, (B) is on the active payroll of, or on an approved leave of absence from, the
Corporation or any Subsidiary as of the Effective Date, (C) has
been employed by Dana or any of Dana’s subsidiaries, for at
least one year on the Effective Date,  and
(D) is either (1) employed at a location in
the United States where such Union was recognized for the first time after July 5, 2007 and
for which there is a ratified collective bargaining agreement or (2)
employed in the bargaining unit at the Toledo Modules Plant, 315
Matzinger Road, Toledo, Ohio 43612 and for which there is a ratified
collective bargaining agreement; or

     (iii) (A)
is represented by The International Association of Machinists and
Aerospace Workers as of the Effective Date, (B) is on the active payroll of, or on approved
leave of absence from, the Corporation or any Subsidiary as of the
Effective Date, (C) has been employed by Dana or any of Dana’s
subsidiaries, for at least one year on the Effective Date, and (D) is
employed at a location in the United States.

Notwithstanding
this Section 2(f), Executive Officers of the Corporation, as last
designated by the board of directors of Dana prior to the
Effective Date, and all management persons eligible for the 2007
Annual Incentive Plan of Dana, are specifically excluded from this
definition of Covered Employee, and are not covered by this plan.

     (g) The term “Effective Date” means the Effective Date as defined in the Plan of
Reorganization.

     (h) The term “Executive Officer” means an officer of the Corporation that is subject to the
liability provisions of Section 16 of the Securities Exchange Act of 1934.

     (i) The term “Issuance Date” means the date on which the issuances contemplated by Section
4 of the Plan are actually made, which Issuance Date will occur as soon as practicable after
the Effective Date, and on or before December 31, 2008.

 

 

     (j) The
term “Plan” means this Dana Holding Corporation 2008 Common
Stock Bonus Plan, as it may be amended from time to time.

     (k) The term “Plan of Reorganization” means the Third Amended
Joint Plan of Reorganization of
Dana and its debtor subsidiaries, as debtors and
debtors-in-possession in chapter 11 cases before the United States Bankruptcy Court for the
Southern District of New York jointly administered under Case
No. 06-10354 (BRL).

     (l) The term “Stock Certificate” shall mean the commemorative certificate approved by the
Board of Directors for the Corporation’s Common Stock.

     (m) The term “Subsidiary” shall mean a corporation, company or other entity (i) more than 50%
of whose outstanding shares or securities (representing the right to vote for the election of
directors or other managing authority) are, or (ii) which does not have outstanding shares or
securities (as may be the case in a partnership, joint venture or unincorporated association), but
more than 50% of whose ownership interest representing the right generally to make decisions for
such other entity is, on the Effective Date or thereafter, owned or controlled, directly or
indirectly, by the Corporation.

     (n) The term “Union” has the meaning
specified in Section 2(f) of the Plan.

     3. Shares Available Under the Plan.

     (a) The shares of Common Stock that shall be the subject of awards pursuant to the Plan may be
treasury shares or shares of original issue, or a combination of the foregoing.

     (b) Subject to adjustments in accordance
with Section 8 of the Plan, no more than
1,003,185 shares of Common Stock may be awarded to Covered Employees pursuant to the Plan (the “Total
Shares”).

     4. Awards of Common Stock. On the Issuance Date, the
Corporation shall issue the Total Shares
to the Covered Employees, with each Covered Employee being awarded such number of Total Shares as
determined by the Authorized Officers, or any of them, in his, her or their sole discretion.

     5. Employment.

     (a) Nothing contained in the Plan shall limit whatever right the Corporation or any Subsidiary
might otherwise have to terminate the employment of any Covered Employee.

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     (b) For
purposes of the Plan, the continuous employment of any Covered Employee with the
Corporation or any Subsidiary shall not be deemed interrupted, and
the Covered Employee shall not
be deemed to have ceased to be an employee of the Corporation or any Subsidiary, by reason of a
transfer as an employee among the Corporation and the Subsidiaries. Additionally, a leave of
absence approved by the Corporation for illness, military or government service or other leave
provided by law shall not be considered as a break in employment for purposes of the Plan.

     6. Tax
Withholding. To the extent that the Corporation is required to
withhold federal or state taxes in connection with any award made or benefit realized by a
Covered Employee under the Plan, and the amounts available to the Corporation for the withholding
are insufficient, it will be a condition to the receipt of any shares of Common Stock pursuant to
Section 4 of the Plan that the Covered Employee
pay the balance of any taxes to be withheld. At the sole discretion of the
Corporation, the Covered Employee’s payment of all or a portion of the withholding taxes may include the
relinquishment of a portion of the award of Common Stock pursuant to Section 4 of the Plan.

     7. Registration; Qualification. Any contrary provision of the Plan notwithstanding, the
Corporation shall not be obligated to deliver any Common Stock to a resident of any state or
country unless and until such Common Stock and the sale thereof pursuant to the Plan have been
listed, registered or otherwise qualified under all applicable laws or regulations or confirmation
of exemption from the applicable listing, registration or qualification laws or regulation shall
have been obtained or verified and such listing, registration or qualification or exemption
therefrom shall continue to be effective, all as the Corporation shall, in its sole discretion,
determine to be necessary or advisable. The Corporation shall use commercially reasonable efforts
to maintain registration and applicable qualification of such Common Stock and the sale thereof
with the United States Securities and Exchange Commission and the applicable state and local
regulatory agencies in the United States. The Corporation shall not be required, however, to incur
any direct or indirect expenses to list, register or qualify or to maintain the listing,
registration or qualification of the sale of Common Stock pursuant to the Plan in any other
country. The Corporation may require that Covered Employees make such representations and
agreements and furnish such information as the Corporation may request to assure compliance with or
exception from the foregoing or any other applicable legal requirements and may cause the Stock
Certificate or Stock Certificates issued upon the award of Common Stock to bear a legend indicating
the existence of any restriction resulting from such representations and agreements.

     8. Adjustments.
The Board of Directors shall provide for such adjustments in the number
of Total Shares specified in Section 3(b) of the Plan as the Board of Directors, in its
sole discretion, exercised in good faith, determines is equitably required to prevent dilution or
enlargement of the rights of Covered Employees that otherwise would result from (a) any stock
dividend, stock split, combination of shares, recapitalization or other change in the capital
structure of the Corporation, (b) any merger, consolidation, spin-off, split-off, spin-out,
split-up, reorganization, partial or complete liquidation or other distribution of assets, issuance
of rights or warrants to purchase securities, or (c) any other corporate transaction or event
having an effect

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similar to any of the foregoing. Such adjustments shall be made automatically, without the
necessity of Board of Directors’ action, on a customary arithmetical basis in the case of any stock
split, including a stock split effected by means of a stock dividend, and in the case of any other
dividend paid in shares of Common Stock.

     9. Fractional Shares. The Corporation shall not be required to issue any factional share of
Common Stock pursuant to the Plan. The Corporation may provide for the elimination of fractions or
for the settlement of fractions as follows: a fractional share or
less than 0.5 shares will be rounded down to the nearest whole share;
and a fractional share equal to or greater than 0.5 shares will be
rounded up to the nearest whole share. This rounding method will be
applied after the calculation and reduction of shares for withholding
of taxes.

     10. Administration of the Plan.

     (a) To the extent permitted by applicable law, the Board of Directors may, from time to time,
delegate to one or more of its members or to one or more officers of the Corporation, or to one or
more agents or advisors, such administrative duties or powers as it may deem advisable, and the
Board of Directors, the committee, or any person to whom duties or powers have been delegated as
aforesaid, may employ one or more persons to render advice with respect to any responsibility the
Board of Directors, the committee or such person may have under the Plan.

     (b) To the extent permitted by applicable law, the Board of Directors shall, by resolution,
authorize one or more Executive Officers of the Corporation (each, an “Authorized Officer”),
including the Chief Executive Officer of the Corporation, to do the following: (i) designate
Covered Employees to be recipients of awards under the Plan; (ii) determine the size of any such
awards; provided, however, that the resolution providing for such authorization
sets forth the total number of shares of Common Stock the Authorized Officer(s) may grant; and
(iii) the Authorized Officer(s) shall report to the Board of Directors regarding the awards granted
pursuant to the authority delegated.

     (c) The interpretation and construction by the Board of Directors of any provision of the Plan
or of any agreement, notification or document evidencing an award under the Plan, and any
determination by the Board of Directors pursuant to any provision of the Plan or of any such
agreement, notification or document, will be final and conclusive. Neither the Corporation nor any
individual acting on behalf of the Corporation shall be liable for any such action or determination
made in good faith.

     (d) The
records of the Corporation maintained at its principal office in the
United States
shall be final and conclusive as to who was granted shares of Common
Stock, and the number of such shares that each Covered Employee holds from time to time, under the Plan.

     11. Effective Date. The Plan will be effective as of the Effective Date.

     12. Laws Governing the Plan. The Plan and all awards and actions taken thereunder shall be
governed by and construed in accordance with the internal substantive laws of the State of
Delaware.

 - 4 -ex10-41.htm

    Exhibit
10.41

    FIRST
AMENDMENT

    TO DEED OF
LEASE

    

    This First Amendment to Deed of Lease
(the “First Amendment”) is made and entered into this 7th day February, 2008, by
and between BALTIMORE BOULEVARD
ASSOCIATES LIMITED PARTNERSHIP (“Landlord”) and OLD LINE BANK
(“Tenant”).

    

    WHEREAS, Landlord and Tenant entered
into a Deed of Lease dated July 28, 2005, (the “Lease”) under which Tenant
leased approximately One Thousand Two Hundred Sixty Eight (1,268) rentable
square feet of office space in Suite 450 which is located on the fourth floor
(“Premises A”), and approximately One Thousand Nine Hundred Sixteen (1,916)
rentable square footage of retail space in Suite 101 (“Premises B”) located on
the first floor of the building at 9658 Baltimore Avenue, College Park, Maryland
20740 (”Building”); and

    

    WHEREAS, the Lease for Suite 450 is
scheduled to expire on February 28, 2008; and

    

    WHEREAS, Landlord and Tenant wish,
among other matters, to amend the Lease to extend the Term solely with respect
to Premises A, all on the terms hereinafter contained.

    

    NOW THEREFORE, in consideration of the
foregoing, and other good and valuable consideration, the receipt and
sufficiency of which is acknowledged by the parties, the parties agree as
follows:

    

    1.           Extension
Term.  The Extension Term for the Premises A shall commence
March 1, 2008 (the “Extension Term Commencement Date”) and will expire on
February 28, 2013 (the "Lease Termination Date").

    

    2.           Basic
Rental.  Effective as of the Extension Term Commencement Date,
Tenant shall pay Landlord Basic Rental for Premises A, in legal tender, at
Landlord’s office, the annual sum of Thirty Three Thousand One Hundred Nine and
56/100 Dollars ($33,109.56), payable in equal monthly sums of Two Thousand Seven
Hundred Fifty Nine and13/100 Dollars ($2,759.13), in advance, promptly on the
first day of each calendar month of the Extension Term, without notice or
demand, the same being hereby waived, and without any setoff, deduction, or
recoupment whatsoever.

    

    3.           Escalation
in Basic Rental.  The Basic Rental shall be increased annually
effective March 1, 2008 and on each March 1st
thereafter during the Extension Term by an amount equal to three (3%) of the
escalated Basic Rental then in effect, payable as follows:

    

    
      	
              YEAR

            	
              ANNUAL
      BASE RENT

            	
              MONTHLY
      BASE RENT

            	
              PER
      SQUARE FOOT

            
	
              3/1/08-2/28/09

            	
              $33,109.56

            	
              $2,759.13

            	
              $26.11

            
	
              3/1/09-2/28/10

            	
              $34,102.80

            	
              $2,841.90

            	
              $26.89

            
	
              3/1/10-2/28/11

            	
              $35,125.92

            	
              $2,927.16

            	
              $27.70

            
	
              3/1/11-2/28/12

            	
              $36,179.64

            	
              $3,014.97

            	
              $28.53

            
	
              3/1/12-2/28/13

            	
              $37,265.04

            	
              $3,105.42

            	
              $29.39

            

    

     

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
 

    4.           Improvements
During Extension Term.  Tenant agrees to accept the Premises A
in its “as is” condition as of the Extension Term Commencement
Date.

    

    5.           Option to
Renew.  Tenant shall have the right to extend the term of the
Lease for one (1) additional five-year lease term (the “Renewal Term”) upon the
following conditions:

    (a)  Tenant
has not been in default (past applicable notice and cure) at any time during the
Lease Term;

    (b)  Landlord
has made a good faith determination that Tenant remains
creditworthy;

    (c)  Tenant
has not previously assigned the Lease or sublet any part or all of the
Premises;

    (d)  Tenant
has delivered to Landlord written notice of its intention to exercise this
option not less than 180 days prior to the end of the Lease Term;

    (e)  all
lease terms for the Renewal Term shall be the same as in the initial Lease Term,
except that the annual Basic Rental for the Renewal Term shall be the then
current market rent for new leases in the building (but not less than the most
recent annual Basic Rental increased by three [3%] percent), and

    (f)  there
shall be no further option to renew the Lease Term.

    

    Landlord and Tenant must sign an
amendment to the Lease extending the term as provided in this Section at least
150 days prior to the end of the Lease Term, all time periods for Tenant herein
being of the essence.  If Landlord and Tenant fail to sign such an
amendment within the prescribed timeframe, then Tenant’s option to extend the
term of the Lease shall lapse and Tenant’s renewal option shall be of no force
or effect.  The Renewal Option is personal to Tenant and is
non-transferable.

    

    6.           Brokerage.  Landlord
and Tenant warrant that each has had no dealings with any broker or agent other
than Cushman & Wakefield, Inc. in connection with the negotiation or
execution of this First Amendment, and each agrees to indemnify the other
against all costs, expenses, attorneys' fees or other liability for commissions
or other compensation or charges claimed by any other broker or agent claiming
the same by, or through such party.

    

    8.           Defined
Terms.  Except as
otherwise expressly provided herein, all defined terms shall have the same
meanings as provided in the Lease.

    

    9.           Headings.  Headings
contained in this First Amendment are for convenience only and are not
substantive to the provisions of this First Amendment.

    

    10.           Lease
Terms Ratified.  Except as otherwise expressly provided herein,
and unless inconsistent with the terms hereof, all other terms, conditions and
covenants of the Lease are hereby ratified and confirmed, and shall apply to the
Extension Term.

    

    

    

    

    (signatures
on following page)

     

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
 

                IN
WITNESS WHEREOF, the parties have executed this First Amendment by affixing
their hands and seals as of the date noted above.

    
      

    
      
        	 
      	
                TENANT:

              
	 
      	 
      
	
                WITNESS/ATTEST:

              	
                OLD
      LINE BANK

              
	 
      	 
      
	
                C. M.
      Giebel

              	
                By:
      /s/Franklin B.
      Thomas    [SEAL]

              
	 
      	
                Name:
      Franklin B.
      Thomas

              
	 
      	
                Its: Vice
      President

              
	 
      	 
      
	 
      	 
      
	 
      	 
      
	 
      	
                LANDLORD:

              
	 
      	 
      
	 
      	
                BALTIMORE
      BOULEVARD ASSOCIATES LIMITED PARTNERSHIP

              
	 
      	
                By:
      Southern Management Corporation

              
	
                WITNESS/ATTEST:

              	
                Its:
      Authorized Management Agent

              
	 
      	 
      
	
                Joan
      Riley

              	
                By:
      /s/ Edward
      Dosik  [SEAL]

              
	
                 

              	      
                Name:
      Edward
      Dosik 

              
	
                 

              	      
                Its:
      Authorized
      Signatory

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