Document:

Specimen of Global Note representing the 5.000% Senior Note due 2026

 Exhibit 4.5 
 THIS NOTE IS A GLOBAL SECURITY AND IS REGISTERED IN THE NAME OF THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED, AS COMMON DEPOSITARY (THE “COMMON DEPOSITARY”) FOR CLEARSTREAM BANKING,
SOCIÉTÉ ANONYME AND EUROCLEAR BANK S.A./N.V. UNLESS AND UNTIL THIS NOTE IS EXCHANGED IN WHOLE OR IN PART FOR NOTES IN DEFINITIVE FORM, THIS NOTE MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE COMMON DEPOSITARY OR ANOTHER DEPOSITARY OR
BY THE COMMON DEPOSITARY OR A NOMINEE OF THE COMMON DEPOSITARY TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. 
 AMÉRICA MÓVIL, S.A.B. DE C.V. 
 5.000% Senior Notes due 2026

 ISIN Number: XS0699618350 / Common Code: 069961835 
  

			
	No. 1	 	£500,000,000

 América Móvil, S.A.B. de C.V. (the “Company,” which term includes any successor
Person under the Indenture hereinafter referred to), a sociedad anónima bursátil de capital variable organized and existing under the laws of the United Mexican States (“Mexico”), for value received, hereby promises to
pay to The Bank of New York Depository (Nominees) Limited, or registered assigns, as common depositary for Clearstream Banking, société anonyme and Euroclear Bank, S.A./N.V., the principal sum of Five Hundred Million pounds sterling
(or the equivalent amount of euro, if the United Kingdom adopts the euro), as revised by the Schedule of Increases and Decreases in Global Note attached hereto on October 27, 2026 (unless earlier redeemed, in which case, on the applicable
Redemption Date) and to pay interest thereon from October 27, 2011 or from the most recent Interest Payment Date to which interest has been paid or duly provided for, as the case may be, annually in arrears on October 27 of each year,
commencing on October 27, 2012 at the rate of 5.000% per annum, until the principal hereof is paid or made available for payment; provided that any principal of, and any premium and interest on, this Note which is overdue shall bear
interest (to the extent that payment thereof shall be legally enforceable) at the rate per annum then borne by this Note from the date such amount is due to but not including the day it is paid or made available for payment, and such overdue
interest shall be paid as provided in Section 306 of the Base Indenture. 
 Interest on the Notes shall be calculated on
the basis of a 365-day year or, in the case of an Interest Payment Date falling in a leap year, a 366-day year, and the actual number of days elapsed from and including the last Interest Payment Date (or, with respect to interest payable on the
first Interest Payment Date, from the issue date of this Note) to but excluding the Interest Payment Date on which the interest payment falls due. 
 The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date shall, as provided in the Indenture, be paid to the Person in whose name this Note (or one or more
Predecessor Notes) is registered at the close of business on the Regular Record Date for such interest, which shall be the October 15 (whether or not a Business Day) next preceding such Interest Payment Date. Any such interest not so punctually
paid or duly provided for on any Interest Payment Date shall forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Note (or one or more Predecessor Notes) is registered at the
close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of this Note not less than 10 days prior to such Special Record Date, or be paid at any time
in any other lawful manner not inconsistent with the requirements of any securities exchange on which this Note may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture. 

 Payment of the principal of, and premium, if any, and interest on, this Note shall be made
at the office of the Trustee or agency of the Company in the Borough of Manhattan, The City of New York, New York and at the Specified London Office of the Paying Agent and, if and for so long as the Notes are admitted to listing on the Official
List of the Luxembourg Stock Exchange and trading on the Euro MTF, at the office of the Luxembourg Paying Agent, in each case maintained for such purpose and at any other office or agency maintained by the Company for such purpose, in pounds
sterling (or euro, if the United Kingdom adopts the euro) against surrender of this Note in the case of any payment due at the Maturity of the principal thereof (other than any payment of interest that first becomes payable on a day other than an
Interest Payment Date); provided, however, that at the option of the Company, payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register. Notwithstanding
the foregoing, payment of any amount payable in respect of a Global Note shall be made in accordance with the Applicable Procedures of the Depositary. 
 Reference is hereby made to the further provisions of this Note set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

 Unless the certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual
signature, this Note shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

  
 2 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

Dated: October 27, 2011 
  

			
	AMÉRICA MÓVIL, S.A.B. DE C.V.
		
	By:	 	 
		 	Name:    Carlos José García Moreno Elizondo
		 	Title:      Chief Financial Officer
		
	By:	 	 
		 	Name:    Alejandro Cantú Jiménez
		 	Title:      General Counsel

 This is one of the Notes referred to in the within-mentioned Indenture. 

Dated: October 27, 2011 
  

			
	 THE BANK OF NEW YORK MELLON,

        as Trustee

		
	By:	 	 
		 	Authorized Officer

  
 3 

 [REVERSE OF NOTE] 
 This Note is one of a duly authorized issue of securities of the Company (the “Notes”), issued under an Indenture, dated as of September 30, 2009 (the “2009 Indenture”), among the
Company, Radiomóvil Dipsa, S.A. de C.V., a sociedad anónima de capital variable organized and existing under the laws of Mexico (“Telcel,” which term includes any successor Person under the Indenture), The Bank of New
York Mellon, as Trustee (the “Trustee,” which term includes any successor trustee under the Indenture), Security Registrar, Paying Agent and Transfer Agent, as amended and supplemented by the Ninth Supplemental Indenture dated as of
October 27, 2011 (the “Ninth Supplemental Indenture” and, together with the 2009 Indenture, the “Base Indenture”), among the Company, Telcel and the Trustee, as further supplemented by the Eleventh Supplemental Indenture
dated as of October 27, 2011 (the “Eleventh Supplemental Indenture” and, together with the Base Indenture, the “Indenture”) among the Company, the Trustee and The Bank of New York Mellon (Luxembourg) S.A., as Luxembourg
Paying Agent and Luxembourg Transfer Agent and reference is hereby made to the Indenture for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Notes and
of the terms upon which the Notes are, and are to be, authenticated and delivered. The terms, conditions and provisions of this Note are those stated in the Indenture (including those made a part of the Indenture by reference to the Trust Indenture
Act) and those set forth in this Note. This Note is one of the series designated on the face hereof. 
 Additional notes on
terms and conditions identical to those of this Note (except for issue date, issue price and the date from which interest shall accrue and, if applicable, first be paid) may be issued by the Company without the consent of the Holders of the Notes.
The amount evidenced by such additional Notes shall increase the aggregate principal amount of, and shall be consolidated and form a single series with, the Notes, in which case the Schedule of Increases and Decreases in Global Note attached hereto
will be correspondingly adjusted. 
 If, prior to October 27, 2026, the United Kingdom adopts the euro as its lawful
currency in accordance with the Treaty Establishing the European Community, as amended from time to time, this Note will be re-denominated into euro, and the regulations of the European Commission relating to the euro shall apply to this Note as so
re-denominated. The circumstances and consequences described in this paragraph will not entitle the Company, the Trustee or any Holder of this Note to redeem early, rescind or receive notice relating to this Note, repudiate the terms of this Note or
the Indenture, raise any defense, request any compensation or make any claim, nor will these circumstances and consequences affect any of the Company’s other obligations under this Note or the Indenture. 

In any case where any Interest Payment Date, Redemption Date or Stated Maturity of any Note shall not be a Business Day, then
(notwithstanding any other provision of the Indenture or of the Notes) payment of principal and premium, if any, or interest need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made
on the Interest Payment Date, Redemption Date or at the Stated Maturity, as the case may be; provided that no interest shall accrue for the period from and after such Interest Payment Date, Redemption Date or Stated Maturity, as the case may
be. 
 In the event of redemption of this Note in part only, a new Note or Notes of this series and of like tenor for the
unredeemed portion hereof shall be issued in the name of the Holder hereof upon the cancellation hereof. 

  
 4 

 If an Event of Default with respect to Notes shall occur and be continuing, the principal of
all of the Notes may be declared due and payable in the manner and with the effect provided in the Indenture. 
 All payments of
principal, premium, if any, and interest in respect of the Notes shall be made after withholding or deduction for any present or future taxes, duties, assessments or governmental charges of whatever nature imposed, levied, collected, withheld or
assessed by or on behalf of Mexico or any authority therein or thereof having power to tax (“Mexican Taxes”). In the event of any withholding or deduction for any Mexican Taxes, the Company shall pay such additional amounts
(“Additional Amounts”) as will result in receipt by the Holders of Notes on the respective due dates of such amounts as would have been received by them had no such withholding or deduction (including for any Mexican Taxes payable in
respect of Additional Amounts) been required, except that no such Additional Amounts shall be payable with respect to any payment on a Note to the extent: 
 (i) that any such taxes, duties, assessments or other governmental charges are imposed solely because of (A) a connection between the Holder and Mexico other than the ownership or holding of such
Note and the mere receipt of payments with respect to such Note or (B) failure by the Holder or any other Person to comply with any certification, identification or other reporting requirement concerning the nationality, residence, identity or
connection with Mexico of the Holder or any beneficial owner of such Note if compliance is required by law, regulation or by an applicable income tax treaty to which Mexico is a party, as a precondition to exemption from, or reduction in the rate
of, the tax, assessment or other governmental charge and we have given the Holders at least 30 days’ notice prior to the first payment date with respect to which such certification, identification or reporting requirement is required to the
effect that Holders will be required to provide such information and identification; 
 (ii) of any such taxes,
duties, assessments or other governmental charges with respect to such Note presented for payment more than 15 days after the date on which such payment became due and payable or the date on which payment thereof is duly provided for and notice
thereof given to Holders, whichever occurs later, except to the extent that the Holder of such Note would have been entitled to such Additional Amounts on presenting such Note for payment on any date during such 15-day period; 

(iii) of estate, inheritance, gift or other similar taxes, assessments or other governmental charge imposed with respect
to such Note; 
 (iv) of any tax, duty, assessment or other governmental charge payable otherwise than by
deduction or withholding from payments on such Note; 
 (v) of any payment on such Note to a Holder who is a
fiduciary or partnership or a person other than the sole beneficial owner of any such payment, to the extent that a beneficiary or settlor with respect to such fiduciary, a member of such a partnership or the beneficial owner of such payment would
not have been entitled to the Additional Amounts had such beneficiary, settlor, member or beneficial owner been the Holder of such Note; 
 (vi) of any tax, duty, assessment or other governmental charge imposed on a payment to an individual and required to be made pursuant to European Council Directive 2003/48/EC on the taxation of savings
income or any other directive implementing the conclusions of the ECOFIN Council meetings of November 26 and 27, 2000, December 13, 2001, and January 21, 2003, or any law or agreement implementing or complying with, or introduced
in order to conform to, such a directive; and 

  
 5 

 (vii) any combination of the items in Clauses (i) through
(vi) above. 
 For purposes of the provisions described in Clause (i) above, the term “Holder” of any Note
means the direct nominee of any beneficial owner of such Note, which holds such beneficial owner’s interest in such Note. Notwithstanding the foregoing, the limitations on the Company’s obligation to pay Additional Amounts set forth in
Clause (i)(B) above shall not apply if (a) the provision of information, documentation or other evidence described in such Clause (i)(B) would be materially more onerous, in form, in procedure or in the substance of information disclosed, to a
Holder or beneficial owner of a Note (taking into account any relevant differences between U.S. and Mexican law, regulation or administrative practice) than comparable information or other reporting requirements imposed under U.S. tax law (including
the United States—Mexico Income Tax Treaty), regulations (including proposed regulations) and administrative practice or (b) Rule I.3.17.11 (or any successor provision) is in effect, unless the provision of the information, documentation
or other evidence described in such Clause (i)(B) is expressly required by statute, regulation, rule or administrative practice in order to apply Rule I.3.17.11 (or any successor provision) and the Company cannot obtain such information,
documentation or other evidence on its own through reasonable diligence and the Company otherwise would meet the requirements for application of Rule I.3.17.11 (or any successor provision). In addition, such Clause (i)(B) shall not be construed to
require that a non-Mexican pension or retirement fund or a non-Mexican financial institution or any other Person register with the Ministry of Finance and Public Credit for the purpose of establishing eligibility for an exemption from or reduction
of Mexican withholding tax. 
 The Company shall provide the Trustee with the constancia or other relevant documentation,
if any (which may consist of certified copies of such documentation), satisfactory to the Trustee evidencing the payment of Mexican Taxes in respect of which the Company has paid any Additional Amounts. Copies of such documentation shall be made
available to the Holders of the Notes or any Paying Agent, as applicable, upon request therefor. 
 The Company shall pay all
stamp, issue, registration, documentary or other similar duties, if any, which may be imposed by Mexico or any governmental entity or political subdivision therein or thereof, or any taxing authority of or in any of the foregoing, with respect to
the Indenture or the issuance of the Notes. 
 All references herein and in the Indenture to principal, premium, if any,
interest or any other amount payable in respect of any Note shall be deemed to include all Additional Amounts, if any, payable in respect of such principal, premium, interest or other amount payable, unless the context otherwise requires, and
express mention of the payment of Additional Amounts in any provision hereof shall not be construed as excluding reference to Additional Amounts in those provisions hereof where such express mention is not made. 

In the event that Additional Amounts actually paid with respect to the Notes pursuant to the preceding paragraphs are based on rates of
deduction or withholding of withholding taxes in excess of the appropriate rate applicable to the Holder of such Notes, and, as a result thereof such Holder is entitled to make claim for a refund or credit of such excess from the authority imposing
such withholding tax, then such Holder shall, by accepting such Notes, be deemed to have assigned and transferred all right, title, and interest to any such claim for a refund or credit of such excess to the Company. However, by making such
assignment, the Holder makes no representation or warranty that the Company will be entitled to receive such claim for a refund or credit and incurs no other obligation with respect thereto. 

All references herein and in the Indenture to principal in respect of any Note shall be deemed to mean and include any Redemption Price
payable in respect of such Note pursuant to any redemption right hereunder (and all such references to the Stated Maturity of the principal in respect of 

  
 6 

 
any Note shall be deemed to mean and include the Redemption Date with respect to any such Redemption Price), and all such references to principal, premium, interest or Additional Amounts shall be
deemed to mean and include any amount payable in respect hereof pursuant to Section 1009 of the Base Indenture. 
 The
Company may, at its option, redeem the Notes upon not less than 30 nor more than 60 days’ notice, at any time and, only in the case of clause (ii) below, from time to time: 

(i) in whole but not in part, at a Redemption Price equal to the sum of (A) 100% of the principal amount of the Notes
being redeemed, (B) accrued and unpaid interest thereon to the Redemption Date and (C) any Additional Amounts which would otherwise be payable thereon up to but not including the Redemption Date, solely if, as a result of any amendment to,
or change in, the laws (or any rules or regulations thereunder) of Mexico or any political subdivision or taxing authority thereof or therein affecting taxation or any amendment to or change in an official interpretation or application of such laws,
rules or regulations, which amendment to or change in such laws, rules or regulations becomes effective on or after October 27, 2011, the Company would be obligated, after making reasonable endeavors to avoid such requirement, to pay Additional
Amounts in excess of the Additional Amounts that the Company would be obligated to pay if payments made on the Notes were subject to withholding or deduction of Mexican Taxes at the rate of 4.9%; provided, however, that (1) no notice of
redemption pursuant to this clause (i) may be given earlier than 90 days prior to the earliest date on which the Company would be obligated to pay such Additional Amounts if a payment on the Notes were then due and (2) at the time such
notice of redemption is given, the Company’s obligation to pay such Additional Amounts remains in effect; and 
 (ii) in whole or in part, at a Redemption Price equal to the greater of (1) 100% of the outstanding principal amount of the Notes being redeemed and (2) the sum of the present values of the
remaining scheduled payments of principal and interest thereon (exclusive of interest accrued to the Redemption Date) discounted to the Redemption Date on an annual basis (calculated using a 365-day year or a 366-day year, as applicable, and the
actual number of days elapsed) at the Sterling Benchmark Rate plus 44 basis points, plus, in the case of (1) and (2), accrued and unpaid interest on the principal amount of such Notes to but not including the Redemption Date. 

For purposes of clause (ii) above, the following terms shall have the specified meanings: 

“Sterling Benchmark Rate” means, with respect to any Redemption Date, the rate per annum equal to the annual equivalent yield to
maturity or interpolated maturity of the Comparable Sterling Benchmark Issue, assuming a price for the Comparable Sterling Benchmark Issue (expressed as a percentage of its principal amount) equal to the Comparable Sterling Benchmark Price for such
Redemption Date. 
 “Comparable Sterling Benchmark Issue” means the U.K. Government security or securities selected by
an Independent Sterling Investment Banker as having an actual or interpolated maturity comparable to the remaining term of the Notes to be redeemed that would be utilized, at the time of selection and in accordance with customary financial practice,
in pricing new issues of sterling-denominated corporate debt securities of a comparable maturity to the remaining term of such Notes. 
 “Comparable Sterling Benchmark Price” means, with respect to any Redemption Date, (i) the average of the Sterling Reference Dealer Quotations for such Redemption Date, after excluding

  
 7 

 
the highest and lowest such Sterling Reference Dealer Quotations or (ii) if the Trustee obtains fewer than four such Sterling Reference Dealer Quotations, the average of all such quotations.

 “Independent Sterling Investment Banker” means one of the Sterling Reference Dealers appointed by the Company.

 “Sterling Reference Dealer” means (i) each of Deutsche Bank AG, London Branch and HSBC Bank plc or their
affiliates which are primary securities dealers in securities of the U.K. Government, and their respective successors; provided, that if any of the foregoing shall cease to be a primary government securities dealer of securities of the U.K.
Government (a “Primary Sterling Dealer”), the Company will substitute therefor another Primary Sterling Dealer and (ii) any other three Primary Sterling Dealers selected by the Company. 

“Sterling Reference Dealer Quotation” means, with respect to each Sterling Reference Dealer and any Redemption Date, the
average, as determined by the Trustee, of the bid and asked prices for the Comparable Sterling Benchmark Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Trustee by such Sterling Reference Dealer at
11:00 a.m. (Central European Time) on the third business day preceding such Redemption Date. 
 The Indenture permits, with
certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Company, on the one hand, and the rights of the Holders of the Notes, on the other hand, at any time by the Company and the
Trustee with the consent of the Holders of a majority in principal amount of the Notes at the time Outstanding. The Indenture also contains provisions (1) permitting the Holders of a majority in principal amount of the Notes at the time
Outstanding, on behalf of the Holders of all Notes, to waive compliance by the Company with certain provisions of the Indenture and (2) permitting the Holders of a majority in principal amount of the Notes at the time Outstanding, on behalf of
the Holders of all Notes, to waive certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Note shall be conclusive and binding upon such Holder and upon all future Holders of this Note and
of any Note issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Note. 
 As provided in and subject to the provisions of the Indenture, the Holder of this Note shall not have the right to institute any proceeding with respect to the Indenture or for the appointment of a
receiver or trustee, or for any other remedy thereunder, unless such Holder shall have previously given the Trustee written notice of a continuing Event of Default with respect to the Notes, the Holders of not less than 25% in principal amount of
the Notes at the time Outstanding shall have made written request to the Trustee to institute proceedings in respect of such Event of Default as Trustee and offered the Trustee indemnity reasonably satisfactory to it, and the Trustee shall not have
received from the Holders of a majority in principal amount of Notes at the time Outstanding a direction inconsistent with such request, and shall have failed to institute any such proceeding, for 60 days after receipt of such notice, request and
offer of indemnity. The foregoing shall not apply to any suit instituted by the Holder of this Note for the enforcement of any payment of principal hereof or premium, if any, and/or interest hereon on or after the respective due dates expressed
herein. 
 No reference herein to the Indenture and no provision of this Note or of the Indenture shall alter or impair the
obligation of the Company, which is absolute and unconditional, to pay the principal of and premium, if any, and interest on this Note at the times, place and rate, and in the coin or currency, herein prescribed. 

  
 8 

 As provided in the Indenture, and subject to certain limitations therein set forth
(including, without limitation, the restrictions on transfer under Section 304 of the Indenture), the transfer of this Note is registrable in the Security Register, upon surrender of this Note for registration of transfer at the office of the
Trustee or agency of the Company in any place where the principal of and any premium and interest on this Note are payable, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security
Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon one or more new Notes of this series and of like tenor, of authorized denominations and for the same aggregate principal amount, shall be issued
to the designated transferee or transferees. 
 The Notes are issuable only in registered form without coupons in denominations
of £100,000 and integral multiples of £1,000 in excess thereof. As provided in the Indenture, and subject to certain limitations therein set forth, Notes are exchangeable for a like aggregate principal amount of Notes of like tenor of a
different authorized denomination, as requested by the Holder surrendering the same. 
 No service charge shall be made for any
such registration of transfer or exchange, but the Company or the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 

Prior to due presentment of this Note for registration of transfer, the Company, the Trustee and any agent of the Company or of the
Trustee may treat the Person in whose name this Note is registered as the owner hereof for all purposes, whether or not this Note is overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary.

 This Note is a Global Note and is subject to the provisions of the Indenture relating to Global Notes, including the
limitations in Section 304 of the Indenture on transfers and exchanges of Global Notes. 
 This Note and the Indenture
shall be governed by, and construed in accordance with, the law of the State of New York. 
 All terms used in this Note which
are defined in the Indenture shall have the meanings assigned to them in the Indenture. 
  

 
 ABBREVIATIONS

 The following abbreviations, when used in the inscription of the face of this Note, shall be construed as though they were
written out in full according to applicable laws or regulations: 
  

			
	 TEN COM - as tenants in common
	 	 UNIF GIFT MIN
ACT—                        
                                   
                  (Cust)

		
	 TEN ENT - as tenants by the entireties
	 	 Custodian
                     under Uniform

                    (Minor)

		
	 JT TEN - as joint tenants with right

  of survivorship and not as

  tenants in common
	 	 Gifts to Minors Act
                        
                                   
      (State)

 Additional abbreviations may also be used 

though not in the above list. 
  

 

  
 9 

 SCHEDULE OF INCREASES OR DECREASES IN GLOBAL NOTE 

The following increases or decreases in this Global Note have been made: 

 

									
	 Date of
 transfer or
 exchange
	  	 Amount of decrease
 in principal amount
 of this Global Note
	  	 Amount of increase
 in principal amount
 of this Global Note
	  	 Principal amount of
 this Global Note
 following such

decrease or increase
	  	 Signature of
 authorized signatory
 of Trustee or

Security Registrar

	  
	  	  
	  	  
	  	  
	  	  

  
 10EX-10.19

 Exhibit 10.19 
 Federal-Mogul 2011 Management Incentive Plan (MIP) 
 Goal: 

The Management Incentive Plan (MIP) is intended to align the actions of participants with the goals of Federal-Mogul Corporation (the “Company”)
and reward participants for achieving or exceeding those goals. 
 Participants: 

Individual employees are eligible for participation in the MIP based on an appointment by the employee’s Vice President for employees below the level
of Vice President confirmed by the Senior Vice President of Human Resources and Organization or in the case of any employee at or above the level of Vice President by the President and Chief Executive Officer subject to confirmation by the
Compensation Committee of the Board of Directors (the “Committee”) and provided that in no event shall the aggregate MIP bonus payouts exceed the maximum bonus pool. 
 Target Bonus: 
 Target Bonuses are expressed as a percentage of the employee’s
Base Annual Salary. If the employee is paid on a monthly basis, the Base Annual Salary, for purposes of the MIP Plan, is 12 times the monthly rate. If the employee is paid on an every-other-week basis, the Base Annual Salary is 26 times the
bi-weekly rate. For bonus calculations, exclude 13th month or other mandated payments in countries that require them. For calculation purposes, the employee’s Base Annual Rate as of December 31, 2011 is used. 

Target Bonus percentages vary by the position occupied by the individual in the organization. No changes may be made to the assigned target bonuses
without the written approval of the Director of Compensation and Benefits and/or the Senior Vice President of Human Resources and Organization provided that in the case of any employee at or above the level of Vice President any change shall be
subject to confirmation by the Committee. It is the responsibility of the Human Resource Directors to insure that Target Bonuses are consistent. 
 Proration: 
 In order to be eligible to receive a MIP payment for 2011, a
participant must be employed in a MIP-eligible position for a minimum of three months during 2011, except as may be approved by the Senior Vice President of Human Resources and Organization and, in the case of any employee at or above the level of
Vice President, subject to confirmation by the Committee. A participant will earn a MIP payment based on the amount of time the eligible participant is actively and continuously employed in an eligible position during 2011. When an individual first
becomes eligible to participate in the MIP, or a participant is promoted or demoted from a job with one Target Bonus level to another with a different Target Bonus level, from one operation to another with different metric measures, is rehired, or
is placed on or returns from leave of absence, the calculated bonus is prorated based on the number of months actively and continuously employed in the applicable job. 

  
 1 

 Communications: 
 Business Unit Human Resource Directors are solely responsible for communication of this MIP plan to participants. 
 Metrics: 
 2011 MIP metrics are outlined in Appendix I. 

Adjustments - The metrics and their achievement levels are the basis for payout calculations. However, each participant’s individual
performance and contributions will also be considered and may alter the final payout. In addition, the Company may reduce the 2011 MIP payment to a Group Operations Vice President, Group Finance Director or Plant Manager based on its assessment of
the results of an audit or series of audits of plants or locations within the individuals’ group. 
 It is intended that increases and
decreases in participant MIP bonus payouts which result from individual or group performance and contributions shall not result in an increase in the proposed payout of the overall MIP. In the event that the MIP bonus payout otherwise calculated in
accordance with this MIP would exceed the maximum bonus pool, each of the proposed MIP bonus payouts shall be reduced prorata in order that the aggregate MIP bonus payouts shall not exceed the maximum bonus pool. 

MIP Payout Ranges: 
 The payout
range for the 2011 MIP is from 0 to 200% of a participant’s Target Bonus. For example, if an employee’s Target Bonus is 10% of Base Annual Salary, he or she may receive an amount ranging from zero up to 20% of Base Annual Salary. Payout
percentages are rounded to the nearest whole percent (0.5 and above rounds up and any amount under 0.5 rounds down.) 
 The 2011 MIP bonus
payment is limited to a maximum of 200% of an individual’s Target Bonus. 
 Target Achievement Level: 

If for any metric the achievement level equals 100% of the goal, the payout for that metric will be 100%. 

Minimum Metric Achievement Level: 

If for any metric the achievement level does not equal or exceed 80% of the target, the payout for that metric will be zero. At 80% achievement the payout
for a metric will be 50%. 
 Maximum Metric Achievement Level: 
 The maximum level of achievement eligible for a payout is 125% of the target for a metric. At 125% achievement, the MIP payout level is 200% for that metric. 

The payout curve between the minimum achievement level and 100% is linear; as is the payout curve between 100% and the maximum achievement level.

  
 2 

 Payout Timing: 
 MIP participants must be actively employed on the day of payout to be eligible for a MIP payment. Payments under the 2011 MIP will be made between January 1, 2012 and March 15, 2012 after
completion of the annual audit of the Company’s 2011 consolidated financial statements and filing of the Company’s Form 10-K for the year ending December 31, 2011. Management shall provide to the Committee by February 1, 2012 the
Company’s 2011 unaudited consolidated financial results, other information required to calculate performance against the applicable metrics, and recommendations for MIP payouts consistent with such financial performance and other information
(the “Committee Information Package”). The Committee shall have a two to three week period following receipt of the Committee Information Package to review and consider the proposed 2011 MIP payouts, provided that no MIP payout shall be
made unless and until the Committee has approved payouts, the completion of the audit of the 2011 consolidated financial statements and filing of the Corporation’s Form 10-K on a basis consistent with the information provided to the Committee
in the Committee Information Package. Once the 2011 MIP payouts have been approved by the Committee, payments under the 2011 MIP shall be made promptly. In all countries, local tax laws apply, and payments will be reduced by amounts required to be
withheld for taxes at the time payments are made. MIP payments will not be included in benefits bearing compensation, except for the calculation of pension plan benefits, and in the U.S., for 401(k) plan contributions. 

Compensation Committee of the Board of Directors: 
 All incentive plan designs and awards, if any, are subject to approval of the Committee. 

Company Discretion: 
 The Company
may, with the prior approval of the Committee, make changes to the MIP program. The Company may alter, postpone or disallow individual or location payments as it deems appropriate, within the plan’s payout range of zero to 200% of Target,
subject in the case of any employee at or above the level of Vice President to the prior approval by the Committee. 
 General Provisions:

 a) Withholding of Taxes: Federal-Mogul shall withhold the amount of taxes which, in the determination of the Company, are
required under law with respect to any amount due or paid under the Plan. 
 b) Expenses: Federal-Mogul is responsible for all expenses
and costs in connection with the adoption and administration of the Plan. 
 c) Active Employment: Active employment means actively
engaged in the work of Federal-Mogul Corporation or its subsidiaries. Those in severance period, notice period or on garden leave status pending termination are not considered in active employment. 

d) Voluntary Termination: Subject to the Company Discretion clause above, in the event a participant elects to leave or elects to retire from
Federal-Mogul before payment of the 2011 MIP bonus is made, all rights under the MIP cease and no benefit is vested, accrued or due under the MIP. 

  
 3 

 e) Involuntary Termination: Subject to the Company Discretion clause above, if a participant is
involuntarily terminated for reasons other than “for cause”, dies or becomes permanently disabled prior to the payout date, he or she may be paid a prorated portion of his/her calculated MIP Bonus. In the case of any employee at or above
the level of Vice President who is involuntarily terminated, any such pro-rated payment shall require the prior approval of the Committee. The pro-ration will be calculated based on the formula (x times Target MIP Bonus times the final calculated
payout percentage) where x equals a fraction where the numerator is the number of days the employee is employed in the year and the denominator is 365 (366 in a Leap Year). At no time may this pro-ration fraction be greater than 1.0. Payment will be
made at the same time and in the same manner active participants are paid. In the event of involuntary termination, payment of a prorated MIP Bonus is contingent on the employee signing the form of Federal-Mogul Corporation Agreement and Release.

 f) No Continued Employment: Neither the establishment of the Plan, participation in the Plan, nor any payment thereunder shall be
deemed to constitute an express or implied contract of employment of any participant for any period of time or in any way abridge the rights of Federal-Mogul to determine the terms and conditions of employment or to terminate the employment of any
employee with or without cause at any time. 
 g) Other Plans: Nothing contained herein shall limit Federal-Mogul’s power to make
regular or discretionary payments to employees of Federal-Mogul, whether or not they are participants in this MIP, with, in the case of employees at or above the level of Vice President, the prior approval of the Committee. For the avoidance of
doubt, no payment shall be made under this MIP to any participant if and to the extent that such payment, either alone or when taken together with other payments from the Company to such participant, would result in such participant receiving
compensation from the Company in excess of any compensation limit contained in any written employment agreement between the Company and such participant. 
 h) Non-Assignability: No right under this MIP shall be assignable, either voluntarily or involuntarily by way of encumbrance, pledge, attachment, levy or charge of any nature (except as may be
required by local, state, or federal law). 
 Nothing in this MIP shall require the Company to segregate or set aside any funds or other
property for the purpose of paying any portion of an award. No participant, beneficiary or other person shall have any right, title or interest in any amount awarded under this MIP prior to the payment of such award to him or her. 

  
 4 

 Appendix I 
 2011 MIP Metrics 
 1. MIP EBITDA: 

MIP EBITDA - is Operational EBITDA as calculated and reported in the Company’s U.S. Securities and Exchange Commission filings; provided however that
the Committee has the discretion, after consultation with management of the Company, to make adjustments to Operational EBITDA as the Committee deems appropriate in order to determine MIP EBITDA. 

Business Unit Operational EBITDA - Each of the Company’s business units (Powertrain Energy, Powertrain Sealing and Bearings, Vehicle Safety and
Protection and Global Aftermarket) has a goal for Operational EBITDA. Business Unit Operational EBITDA is calculated and reported by the finance department. 
 Plant Operational EBITDA / Productivity - All locations have Operational EBITDA targets. The finance department will report the location achievement level. However, at distribution centers or
specific locations relying solely on transfer pricing, the finance department will report the level of achievement against productivity improvement goals set in the budget. 
 2. Cash Flow Before Interest and Financing (CFIF): 
 Net cash provided by operating
activities less net cash used by investing before the deduction of interest paid, net of interest received per the Form 10-K statement of cash flows, and notes to the accounts; as audited by Ernst & Young on an annual basis. 

3. Value Cash Flow: 
 Value Cash
Flow is defined as: (x) MIP EBITDA; less (y) capital spending, as audited by Ernst & Young on an annual basis. 
 4.
Safety, Customer Satisfaction and Service: 
 Safety 
 The Company’s goal is to have zero work-related incidents, injuries or illnesses. Concealing of incidents which should have been reported under the incident reporting system will lead to discipline,
up to and including termination for cause. 
 Safety is measured by Incident Rate; as audited by operations, finance and internal control on a
monthly, quarterly and annual basis. The injury Incident Rate is the number of recordable injuries, per 200,000 hours worked at the reporting facility. 
 Plants that achieve or maintain an Incident Rate of zero will receive maximum payout for the Safety portion of this metric. 

  
 5 

 The 2011 safety performance for Plants and/or Business Units with a 2010 Incident Rate (a) at or below
1.5 will be measured against their actual 2010 Incident Rate or (b) above 1.5 will have a 2011 safety target of achieving a 10% improvement over their actual 2010 Incident Rate. 
 Customer Satisfaction (Quality) 
 Customer Satisfaction (Quality) is measured in Parts per
Million (PPM) defects as reported by customers and audited on a monthly, quarterly and annual basis by operations, finance and internal control. 
 Federal-Mogul’s Quality goal is to provide products and services with zero defects. For each Business Unit, product group and facility the targets are as listed in the Quality Management Information
System: 
 Parts per Million (PPM) defects for 2011 over 2010 are: 

A 25 % reduction, if previous year PPM was >= 25. 
 A 10 % reduction, if previous year PPM was < 25 and > 7 
 Else, 7 PPM

 Service 
 Service is measured
by on-time delivery to customers; as audited by operations, finance and internal control on a monthly, quarterly and annual basis. 
 The 2011
goal for manufacturing plants is 100% on-time delivery to OE customers and 97% on-time delivery to the Aftermarket. 
 The goal for Aftermarket
distribution centers is 100% on-time delivery. 
 Business unit leaders and participants in manufacturing and distribution will, in general, be
measured on all three metrics - Safety, Customer Satisfaction (Quality) and Service. 
 Designated corporate functions will be measured on
Safety and Customer Satisfaction (Quality). 
 Purchasing will be measured on Supplier Quality and Supplier Service. Supplier Quality is
measured in PPM as reported by the manufacturing plants in the F-M Supply Net system against the budget goal. Supplier Service is delivery shipping by suppliers as reported by the plants in the F-M Supply Net system vs. the budget goal. 

  
 6 

 5. Productivity and Restructuring: 
 Productivity is measured by non-volume related cost changes as reported in the Form 10-K as audited by Ernst & Young on a quarterly and annual basis. 

6. SG&A Reduction 
 Measured
by the level of SG&A expense as compared to the budget; as audited by finance and internal control on a monthly, quarterly and annual basis. The finance department will report the level of achievement compared to the budget. 

  
 7

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00195-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00195-of-00352.parquet"}]]