Document:

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                                                                    EXHIBIT 10.9

                               EXIDE CORPORATION
                      NONQUALIFIED STOCK OPTION AGREEMENT

     This Nonqualified Stock Option Agreement (this "Agreement"), is made as of
[date] by Exide Corporation, a Delaware corporation (the "Company"), in favor of
[name of executive] (the "Optionee") [title].

     As a material inducement to the Optionee's agreement to become employed by
the Company, on [date] (the "Grant Date") the Company granted to the Optionee an
option (the "Option") to acquire [number] shares of the Company's common stock,
par value $.01 per share (the "Option Shares").

     The Option was not granted pursuant to a stock option plan, however, the
option is subject to the administrative provisions of the Company's 1999 Stock
Incentive Plan (the "Plan").  Certain terms used herein are defined in paragraph
7 below.

     The parties hereto hereby agree as follows:

          1.   Option. Subject to the terms and conditions set forth herein and
               ------
               in the Plan, the Optionee has been granted an Option to purchase
               the Option Shares at a price per share of $[price] (the "Exercise
               Price"), payable upon exercise as set forth in Section 7(c) of
               the Plan. The Option shall expire at the close of business on the
               tenth anniversary of the Grant Date (the "Expiration Date"),
               subject to earlier expiration as provided in section 7(b)(2) of
               the Plan. The Exercise Price and the number and kind of shares of
               the Company's common stock or other property for which the Option
               may be exercised shall be subject to adjustment as provided in
               Section 9 of the Plan. The Option is not intended to qualify as
               an "incentive stock option" within the meaning of Section 422 of
               the Code.

          2.   Exercisability/Vesting
               ----------------------

                    (a)  Normal Vesting. The Option granted hereunder may be
                         --------------
                         exercised only to the extent it has become vested. The
                         Option shall vest in [number] equal installments on
                         each of the first [number] anniversaries of the Grant
                         Date for so long as the Optionee is an officer or
                         employee of the Company and shall become fully vested
                         on the fourth anniversary of the Grant Date.

                    (b)  Vesting Under Certain Circumstances. Notwithstanding
                         -----------------------------------
                         paragraph 2(a) above, under

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                         certain circumstances the vesting rules of Section
                         7(b)(2) of the Plan shall apply.

          3.   Procedure for Exercise. Subject to the terms of this Agreement
               ----------------------
               and the Plan, the Optionee may exercise all or any portion of the
               Option by delivering written notice to the Company in the form
               attached hereto as Exhibit A together with payment of the
                                  ---------
               Exercise Price in accordance with the provisions of Section 7(c)
               of the Plan. The Option may not be exercised for a fraction of an
               Option Share.

          4.   Conformity with the Plan. The Option is not granted pursuant to a
               ------------------------
               stock option plan, however, the Option is intended to conform in
               all respects with, and is subject to the administrative
               provisions of the Plan (which is incorporated herein by
               reference). Inconsistencies between the Agreement and the Plan
               shall be resolved in accordance with the terms of the Plan.

          5.   Rights of the Optionee. Nothing in this Agreement shall interfere
               ----------------------
               with or limit in any way the right of the Company to terminate
               the Optionee's employment at any time (with or without cause),
               nor confer upon the Optionee any right to continue in the employ
               of the Company for any period of time or to continue his or her
               present (or any other) rate of compensation.

          6.   Withholding of Taxes. Withholding of taxes in connection with the
               --------------------
               exercise of the Option shall occur in accordance with Section 13
               of the Plan.

          7.   Certain Definitions
               -------------------

               "Code"  shall mean the Internal Revenue Code of 1986, as amended,
                ----
               and any successor statute

               "Common Stock"  shall mean the Company's common stock, par value
                ------------
               $.01 per share.

               "Company"  shall mean Exide Technologies, a Delaware corporation,
                -------
               and (except to the extent the context requires
               otherwise) any subsidiary corporation of the Company as such term
               is defined in Section 424(f) of the Code.

               "Option Shares" shall mean (i) all shares of the common stock
                -------------
               issued or issuable upon the exercise of the Option and (ii) all
               shares of common stock issued with respect to the common stock
               referred to in clause (i) above by way of stock dividend or stock

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               split in connection with any conversion, merger, consolidation or
               recapitalization or other reorganization affecting the common
               stock.

                                 *  *  *  *  *

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                                                                   EXHIBIT 10.10

                          CHANGE IN CONTROL AGREEMENT
                          ---------------------------

          THIS AGREEMENT, dated May 15, 2001, is made by and between EXIDE
CORPORATION, a Delaware corporation (the "Company"), and [Named Executive
Officer] (the "Executive").

          WHEREAS, the Company considers it essential to the best interests of
its stockholders to foster the continued employment of key management personnel;
and

          WHEREAS, the Board recognizes that, as is the case with many publicly
held corporations, the possibility of a Change in Control exists and that such
possibility, and the uncertainty and questions which it may raise among
management, may result in the departure or distraction of management personnel
to the detriment of the Company and its stockholders; and

          WHEREAS, the Board has determined that appropriate steps should be
taken to reinforce and encourage the continued attention and dedication of
members of the Company's management, including the Executive, to their assigned
duties without distraction in the face of potentially disturbing circumstances
arising from the possibility of a Change in Control;

          NOW, THEREFORE, in consideration of the premises and the mutual
covenants herein contained, the Company and the Executive hereby agree as
follows:

          1.  Defined Terms.  The definitions of capitalized terms used in this
              -------------
Agreement are provided in the last Section hereof.

          2.  Term of Agreement.  The Term of this Agreement shall commence on
              -----------------
the date hereof and shall continue in effect through December 31, 2003;
provided, however, that commencing on January 1, 2002 and each January 1
--------  -------
thereafter, the Term shall automatically be extended for one additional year
unless, not later than September 30 of the preceding year, the Company or the
Executive shall have given notice not to extend the Term; and further provided,
                                                              ------- --------
however, that if a Change in Control shall have occurred during the Term, the
-------
Term shall expire no earlier than twenty-four (24) months beyond the month in
which such Change in Control occurred.

          3.  Company's Covenants Summarized.  In order to induce the Executive
              ------------------------------
to remain in the employ of the Company and in consideration of the Executive's
covenants set forth in Section 4 hereof, the Company agrees, under the
conditions described herein, to pay the Executive the Severance Payments and the
other payments and benefits described herein. Except as provided in Section 9.1
hereof, no Severance Payments shall be payable under this Agreement unless there
shall have been (or, under the terms of the second sentence of Section 6.1
hereof, there shall be deemed to have been) a termination of the Executive's
employment with the Company following a Change in Control and during the Term.
This Agreement shall not be construed as creating an express or implied contract
of employment and, except as otherwise agreed in writing between the Executive
and the Company, the Executive shall not have any right to be retained in the
employ of the Company.
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          4.  The Executive's Covenants.  The Executive agrees that, subject to
              -------------------------
the terms and conditions of this Agreement, in the event of a Potential Change
in Control during the Term, the Executive will remain in the employ of the
Company until the earliest of (i) a date which is six (6) months from the date
of such Potential Change in Control, (ii) the date of a Change in Control, (iii)
the Date of Termination by the Executive of the Executive's employment for Good
Reason or by reason of death, Disability or Retirement, or (iv) the termination
by the Company of the Executive's employment for any reason.

          5.  Compensation Other Than Severance Payments.
              ------------------------------------------

          5.1  Following a Change in Control and during the Term, during any
period that the Executive fails to perform the Executive's full-time duties with
the Company as a result of Disability, the Company shall pay the Executive's
full salary to the Executive at the rate in effect at the commencement of any
such period, together with all compensation and benefits payable to the
Executive under the terms of any compensation or benefit plan, program or
arrangement maintained by the Company during such period (other than any
disability plan), through the Date of Termination if the Executive's employment
is terminated by the Company for Disability.

          5.2  Except as provided in Section 5.1 hereof, if the Executive's
employment shall be terminated for any reason following a Change in Control and
during the Term, the Company shall pay the Executive's full salary to the
Executive through the Date of Termination at the rate in effect immediately
prior to the Date of Termination or, if higher, the rate in effect immediately
prior to the first occurrence of an event or circumstance constituting Good
Reason, together with all compensation and benefits payable to the Executive
through the Date of Termination under the terms of the Company's compensation
and benefit plans, programs or arrangements as in effect immediately prior to
the Date of Termination or, if more favorable to the Executive, as in effect
immediately prior to the first occurrence of an event or circumstance
constituting Good Reason.

          5.3  If the Executive's employment shall be terminated for any reason
following a Change in Control and during the Term, the Company shall pay to the
Executive the Executive's normal post-termination compensation and benefits as
such payments become due; provided, however, that no severance benefits
(including, but not limited to, any benefits under the Company's Income
Protection Policy) shall be paid or provided other than as provided pursuant to
Section 6 hereof. Such post-termination compensation and benefits shall be
determined under, and paid in accordance with, the Company's retirement,
insurance and other compensation or benefit plans, programs and arrangements as
in effect immediately prior to the Date of Termination or, if more favorable to
the Executive, as in effect immediately prior to the occurrence of the first
event or circumstance constituting Good Reason.

          6.  Severance Payments.
              ------------------

          6.1  Subject to Section 6.2 hereof, if (i) the Executive's employment
is terminated following a Change in Control and during the Term, other than (A)
by the Company for Cause, (B) by reason of death or Disability, or (C) by the
Executive without Good Reason, or

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(ii) the Executive voluntarily terminates his employment for any reason during
the one-month period commencing on the first anniversary of the Change in
Control, then, in either such case, the Company shall pay the Executive the
amounts, and provide the Executive the benefits, described in this Section 6.1
("Severance Payments") and Section 6.2, in addition to any payments and benefits
to which the Executive is entitled under Section 5 hereof. For purposes of this
Agreement, the Executive's employment shall be deemed to have been terminated
following a Change in Control by the Company without Cause or by the Executive
with Good Reason, if (i) the Executive's employment is terminated by the Company
without Cause prior to a Change in Control (whether or not a Change in Control
ever occurs) and such termination was at the request or direction of a Person
who has entered into an agreement with the Company the consummation of which
would constitute a Change in Control, or (ii) the Executive terminates his
employment for Good Reason prior to a Change in Control (whether or not a Change
in Control ever occurs) and the circumstance or event which constitutes Good
Reason occurs at the request or direction of such Person. For purposes of any
determination regarding the applicability of the immediately preceding sentence,
any position taken by the Executive shall be presumed to be correct unless the
Company establishes to the Board by clear and convincing evidence that such
position is not correct.

               (A)  In lieu of any further salary payments to the Executive for
     periods subsequent to the Date of Termination and in lieu of any severance
     benefit (including, but not limited to, any benefits under the Company's
     Income Protection Policy) otherwise payable to the Executive, the Company
     shall pay to the Executive a lump sum severance payment, in cash, equal to
     three times the sum of (i) the Executive's base salary as in effect
     immediately prior to the Date of Termination or, if higher, in effect
     immediately prior to the first occurrence of an event or circumstance
     constituting Good Reason, and (ii) the Executive's target annual bonus
     pursuant to any annual bonus or incentive plan maintained by the Company in
     respect of the fiscal year in which occurs the Date of Termination or, if
     higher, in respect of the fiscal year in which occurs the Change in
     Control.

               (B)  For the thirty-six (36) month period immediately following
     the Date of Termination, the Company shall arrange to provide the Executive
     and his dependents life, disability, accident and health insurance benefits
     substantially similar to those provided to the Executive and his dependents
     immediately prior to the Date of Termination or, if more favorable to the
     Executive, those provided to the Executive and his dependents immediately
     prior to the first occurrence of an event or circumstance constituting Good
     Reason, at no greater cost to the Executive than the cost to the Executive
     immediately prior to such date or occurrence; provided, however, that,
                                                   --------  -------
     unless the Executive consents to a different method (after taking into
     account the effect of such method on the calculation of "parachute
     payments" pursuant to Section 6.2 hereof), such health insurance benefits
     shall be provided through a third-party insurer. Benefits otherwise
     receivable by the Executive pursuant to this Section 6.1(B) shall be
     reduced to the extent benefits of the same type are received by or made
     available to the Executive during the thirty-six (36) month period
     following the Executive's termination of employment (and any such benefits
     received by or made available to the Executive shall be

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     reported to the Company by the Executive); provided, however, that the
                                                --------  -------
     Company shall reimburse the Executive for the excess, if any, of the cost
     of such benefits to the Executive over such cost immediately prior to the
     Date of Termination or, if more favorable to the Executive, the first
     occurrence of an event or circumstance constituting Good Reason.

               (C)  In addition to the retirement benefits to which the
     Executive is entitled under each Defined Benefit Pension Plan or any
     successor plan thereto, the Company shall pay the Executive a lump sum
     amount, in cash, equal to the excess of (i) the actuarial equivalent of the
     aggregate retirement pension (taking into account any early retirement
     subsidies associated therewith and determined as a straight life annuity
     commencing at the date (but in no event earlier than the third anniversary
     of the Date of Termination) as of which the actuarial equivalent of such
     annuity is greatest) which the Executive would have accrued under the terms
     of all Defined Benefit Pension Plans (without regard to any amendment to
     any Defined Benefit Pension Plan made subsequent to a Change in Control and
     on or prior to the Date of Termination, which amendment adversely affects
     in any manner the computation of retirement benefits thereunder),
     determined as if the Executive were fully vested thereunder and had
     accumulated (after the Date of Termination) thirty-six (36) additional
     months of service credit thereunder and had been credited under each
     Defined Benefit Pension Plan during such period with compensation equal to
     the Executive's compensation (as defined in such Defined Benefit Pension
     Plan) during the twelve (12) months immediately preceding the Date of
     Termination or, if higher, during the twelve months immediately prior to
     the first occurrence of an event or circumstance constituting Good Reason,
     over (ii) the actuarial equivalent of the aggregate retirement pension
     (taking into account any early retirement subsidies associated therewith
     and determined as a straight life annuity commencing at the date (but in no
     event earlier than the Date of Termination) as of which the actuarial
     equivalent of such annuity is greatest) which the Executive had accrued
     pursuant to the provisions of the Pension Plans as of the Date of
     Termination. For purposes of this Section 6.1(C), "actuarial equivalent"
     shall be determined using the same assumptions utilized under the Exide
     Retirement Income Security Plan immediately prior to the Date of
     Termination, or, if more favorable to the Executive, immediately prior to
     the first occurrence of an event or circumstance constituting Good Reason.

               (D)  In addition to the benefits to which the Executive is
     entitled under each Defined Contribution Pension Plan, the Company shall
     pay the Executive a lump sum amount, in cash, equal to the sum of (i) the
     amount that would have been contributed thereto by the Company on the
     Executive's behalf during the three years immediately following the Date of
     Termination, determined (x) as if the Executive made the maximum
     permissible contributions thereto during such period, (y) as if the
     Executive earned compensation during such period at a rate equal to the
     Executive's compensation (as defined in the Defined Contribution Pension
     Plan) during the twelve (12) months immediately preceding the Date of
     Termination or, if higher, during the twelve months immediately prior to
     the first occurrence of an event or circumstance constituting Good Reason,
     and (z) without regard to any amendment to such Defined Contribution
     Pension Plan made subsequent to a Change in Control and on or prior to the
     Date of Termination,

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     which amendment adversely affects in any manner the computation of benefits
     thereunder, and (ii) the excess, if any, of (x) the Executive's account
     balance under the Pension Plan as of the Date of Termination over (y) the
     portion of such account balance that is nonforfeitable under the terms of
     the Defined Contribution Pension Plan.

               (E)  The Company shall provide the Executive with outplacement
     services suitable to the Executive's position for a period of three years
     or, if earlier, until the first acceptance by the Executive of an offer of
     employment.

               (F)  The Company shall provide the Executive with individual tax
     and financial counseling for a period of one year.

          6.2

          (A)  Whether or not the Executive becomes entitled to the Severance
Payments, if any of the payments or benefits received or to be received by the
Executive in connection with a Change in Control or the Executive's termination
of employment (whether pursuant to the terms of this Agreement or any other
plan, arrangement or agreement with the Company, any Person whose actions result
in a Change in Control or any Person affiliated with the Company or such Person)
(such payments or benefits, excluding the Gross-Up Payment, being hereinafter
referred to as the "Total Payments") will be subject to the Excise Tax, the
Company shall pay to the Executive an additional amount (the "Gross-Up Payment")
such that the net amount retained by the Executive, after deduction of any
Excise Tax on the Total Payments and any federal, state and local income and
employment taxes and Excise Tax upon the Gross-Up Payment, and after taking into
account the phase out of the itemized deductions attributable to the Gross-Up
Payment, shall be equal to the Total Payments.

          (B)  For purposes of determining whether any of the Total Payments
will be subject to the Excise Tax and the amount of such Excise Tax, (i) all of
the Total Payments shall be treated as "parachute payments" (within the meaning
of section 280G(b)(2) of the Code) unless, in the opinion of tax counsel ("Tax
Counsel") reasonably acceptable to the Executive and selected by the accounting
firm which was, immediately prior to the Change in Control, the Company's
independent auditor (the "Auditor"), such payments or benefits (in whole or in
part) do not constitute parachute payments, including by reason of section
280G(b)(4)(A) of the Code, (ii) all "excess parachute payments" within the
meaning of section 280G(b)(l) of the Code shall be treated as subject to the
Excise Tax unless, in the opinion of Tax Counsel, such excess parachute payments
(in whole or in part) represent reasonable compensation for services actually
rendered (within the meaning of section 280G(b)(4)(B) of the Code) in excess of
the Base Amount allocable to such reasonable compensation, or are otherwise not
subject to the Excise Tax, and (iii) the value of any noncash benefits or any
deferred payment or benefit shall be determined by the Auditor in accordance
with the principles of sections 280G(d)(3) and (4) of the Code. For purposes of
determining the amount of the Gross-Up Payment, the Executive shall be deemed to
pay federal income tax at the highest marginal rate of federal income taxation
in the calendar year in which the Gross-Up Payment is to be made and state and
local income taxes at the highest marginal rate of taxation in the state and
locality of the Executive's residence on

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the Date of Termination (or if there is no Date of Termination, then the date on
which the Gross-Up Payment is calculated for purposes of this Section 6.2), net
of the maximum reduction in federal income taxes which could be obtained from
deduction of such state and local taxes.

          (C)  In the event that the Excise Tax is finally determined to be less
than the amount taken into account hereunder in calculating the Gross-Up
Payment, the Executive shall repay to the Company, within five (5) business days
following the time that the amount of such reduction in the Excise Tax is
finally determined, the portion of the Gross-Up Payment attributable to such
reduction (plus that portion of the Gross-Up Payment attributable to the Excise
Tax and federal, state and local income and employment taxes imposed on the
Gross-Up Payment being repaid by the Executive), to the extent that such
repayment results in a reduction in the Excise Tax and a dollar-for-dollar
reduction in the Executive's taxable income and wages for purposes of federal,
state and local income and employment taxes, plus interest on the amount of such
repayment at 120% of the rate provided in section 1274(b)(2)(B) of the Code. In
the event that the Excise Tax is determined to exceed the amount taken into
account hereunder in calculating the Gross-Up Payment (including by reason of
any payment the existence or amount of which cannot be determined at the time of
the Gross-Up Payment), the Company shall make an additional Gross-Up Payment in
respect of such excess (plus any interest, penalties or additions payable by the
Executive with respect to such excess) within five (5) business days following
the time that the amount of such excess is finally determined. The Executive and
the Company shall each reasonably cooperate with the other in connection with
any administrative or judicial proceedings concerning the existence or amount of
liability for Excise Tax with respect to the Total Payments.

          6.3  The payments provided in subsections (A) and (C) of Section 6.1
hereof and in Section 6.2 hereof shall be made not later than the fifth business
day following the Date of Termination; provided, however, that if the amounts of
                                       --------  -------
such payments cannot be finally determined on or before such day, the Company
shall pay to the Executive on such day an estimate, as determined in good faith
by the Executive or, in the case of payments under Section 6.2 hereof, in
accordance with Section 6.2 hereof, of the minimum amount of such payments to
which the Executive is clearly entitled and shall pay the remainder of such
payments (together with interest on the unpaid remainder (or on all such
payments to the extent the Company fails to make such payments when due) at 120%
of the rate provided in section 1274(b)(2)(B) of the Code) as soon as the amount
thereof can be determined but in no event later than the thirtieth (30th) day
after the Date of Termination. In the event that the amount of the estimated
payments exceeds the amount subsequently determined to have been due, such
excess shall constitute a loan by the Company to the Executive, payable on the
fifth (5th) business day after demand by the Company (together with interest at
120% of the rate provided in section 1274(b)(2)(B) of the Code). At the time
that payments are made under this Agreement, the Company shall provide the
Executive with a written statement setting forth the manner in which such
payments were calculated and the basis for such calculations including, without
limitation, any opinions or other advice the Company has received from Tax
Counsel, the Auditor or other advisors or consultants (and any such opinions or
advice which are in writing shall be attached to the statement).

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          6.4  The Company also shall pay to the Executive all legal fees and
expenses incurred by the Executive in disputing in good faith any issue
hereunder relating to the termination of the Executive's employment, in seeking
in good faith to obtain or enforce any benefit or right provided by this
Agreement or in connection with any tax audit or proceeding to the extent
attributable to the application of section 4999 of the Code to any payment or
benefit provided hereunder. Such payments shall be made within five (5) business
days after delivery of the Executive's written requests for payment accompanied
with such evidence of fees and expenses incurred as the Company reasonably may
require.

          7.  Termination Procedures and Compensation During Dispute.
              ------------------------------------------------------

          7.1 Notice of Termination.  After a Change in Control and during the
              ---------------------
Term, any purported termination of the Executive's employment (other than by
reason of death) shall be communicated by written Notice of Termination from one
party hereto to the other party hereto in accordance with Section 10 hereof. For
purposes of this Agreement, a "Notice of Termination" shall mean a notice which
shall indicate the specific termination provision in this Agreement relied upon
and shall set forth in reasonable detail the facts and circumstances claimed to
provide a basis for termination of the Executive's employment under the
provision so indicated. Further, a Notice of Termination for Cause is required
to include a copy of a resolution duly adopted by the affirmative vote of not
less than three-quarters (3/4) of the entire membership of the Board at a
meeting of the Board which was called and held for the purpose of considering
such termination (after reasonable notice to the Executive and an opportunity
for the Executive, together with the Executive's counsel, to be heard before the
Board) finding that, in the good faith opinion of the Board, the Executive was
guilty of conduct set forth in clause (i) or (ii) of the definition of Cause
herein, and specifying the particulars thereof in detail.

          7.2 Date of Termination.  "Date of Termination," with respect to any
              -------------------
purported termination of the Executive's employment after a Change in Control
and during the Term, shall mean (i) if the Executive's employment is terminated
for Disability, thirty (30) days after Notice of Termination is given (provided
that the Executive shall not have returned to the full-time performance of the
Executive's duties during such thirty (30) day period), and (ii) if the
Executive's employment is terminated for any other reason, the date specified in
the Notice of Termination (which, in the case of a termination by the Company,
shall not be less than thirty (30) days (except in the case of a termination for
Cause) and, in the case of a termination by the Executive, shall not be less
than fifteen (15) days nor more than thirty (30) days, respectively, from the
date such Notice of Termination is given.

          7.3 Dispute Concerning Termination.  If within fifteen (15) days
              ------------------------------
after any Notice of Termination is given, or, if later, prior to the Date of
Termination (as determined without regard to this Section 7.3), the party
receiving such Notice of Termination notifies the other party that a dispute
exists concerning the termination, the Date of Termination shall be extended
until the earlier of (i) the date on which the Term ends or (ii) the date on
which the dispute is finally resolved, either by mutual written agreement of the
parties or by a final judgment, order or decree of an arbitrator or a court of
competent jurisdiction (which is not appealable or with respect to which the
time for appeal therefrom has expired and no appeal has been perfected);

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<PAGE>

provided, however, that the Date of Termination shall be extended by a notice
--------  -------
of dispute given by the Executive only if such notice is given in good faith and
the Executive pursues the resolution of such dispute with reasonable diligence.

          7.4 Compensation During Dispute.  If a purported termination occurs
              ---------------------------
following a Change in Control and during the Term and the Date of Termination is
extended in accordance with Section 7.3 hereof, the Company shall continue to
pay the Executive the full compensation in effect when the notice giving rise to
the dispute was given (including, but not limited to, salary) and continue the
Executive as a participant in all compensation, benefit and insurance plans in
which the Executive was participating when the notice giving rise to the dispute
was given, until the Date of Termination, as determined in accordance with
Section 7.3 hereof. Amounts paid under this Section 7.4 are in addition to all
other amounts due under this Agreement (other than those due under Section 5.2
hereof) and shall not be offset against or reduce any other amounts due under
this Agreement.

          8.  No Mitigation.  The Company agrees that, if the Executive's
              -------------
employment with the Company terminates during the Term, the Executive is not
required to seek other employment or to attempt in any way to reduce any amounts
payable to the Executive by the Company pursuant to Section 6 hereof or Section
7.4 hereof. Further, the amount of any payment or benefit provided for in this
Agreement (other than Section 6.1(B) hereof) shall not be reduced by any
compensation earned by the Executive as the result of employment by another
employer, by retirement benefits, by offset against any amount claimed to be
owed by the Executive to the Company, or otherwise.

          9.  Successors; Binding Agreement.
              -----------------------------

          9.1 In addition to any obligations imposed by law upon any successor
to the Company, the Company will require any successor (whether direct or
indirect, by purchase, merger, consolidation or otherwise) to all or
substantially all of the business and/or assets of the Company to expressly
assume and agree to perform this Agreement in the same manner and to the same
extent that the Company would be required to perform it if no such succession
had taken place. Failure of the Company to obtain such assumption and agreement
prior to the effectiveness of any such succession shall be a breach of this
Agreement and shall entitle the Executive to compensation from the Company in
the same amount and on the same terms as the Executive would be entitled to
hereunder if the Executive were to terminate the Executive's employment for Good
Reason after a Change in Control, except that, for purposes of implementing the
foregoing, the date on which any such succession becomes effective shall be
deemed the Date of Termination.

          9.2 This Agreement shall inure to the benefit of and be enforceable by
the Executive's personal or legal representatives, executors, administrators,
successors, heirs, distributees, devisees and legatees. If the Executive shall
die while any amount would still be payable to the Executive hereunder (other
than amounts which, by their terms, terminate upon the death of the Executive)
if the Executive had continued to live, all such amounts, unless

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<PAGE>

otherwise provided herein, shall be paid in accordance with the terms of this
Agreement to the executors, personal representatives or administrators of the
Executive's estate.

          10.  Notices.  For the purpose of this Agreement, notices and all
               -------
other communications provided for in the Agreement shall be in writing and shall
be deemed to have been duly given when delivered or mailed by United States
registered mail, return receipt requested, postage prepaid, addressed, if to the
Executive, to the address inserted below the Executive's signature on the final
page hereof and, if to the Company, to the address set forth below, or to such
other address as either party may have furnished to the other in writing in
accordance herewith, except that notice of change of address shall be effective
only upon actual receipt:

               To the Company:

               Exide Corporation
               210 Carnegie Center, Suite 500
               Princeton, NJ 08540
               Attention:  General Counsel and Secretary

          11.  Miscellaneous.  No provision of this Agreement may be modified,
               -------------
waived or discharged unless such waiver, modification or discharge is agreed to
in writing and signed by the Executive and such officer as may be specifically
designated by the Board. No waiver by either party hereto at any time of any
breach by the other party hereto of, or of any lack of compliance with, any
condition or provision of this Agreement to be performed by such other party
shall be deemed a waiver of similar or dissimilar provisions or conditions at
the same or at any prior or subsequent time. This Agreement supersedes any other
agreements or representations, oral or otherwise, express or implied, with
respect to the subject matter hereof which have been made by either party;
provided, however, that this Agreement shall supersede any agreement setting
--------  -------
forth the terms and conditions of the Executive's employment with the Company
only in the event that the Executive's employment with the Company is terminated
on or following a Change in Control, by the Company other than for Cause or by
the Executive other than for Good Reason. The validity, interpretation,
construction and performance of this Agreement shall be governed by the laws of
the State of Delaware. All references to sections of the Exchange Act or the
Code shall be deemed also to refer to any successor provisions to such sections.
Any payments provided for hereunder shall be paid net of any applicable
withholding required under federal, state or local law and any additional
withholding to which the Executive has agreed. The obligations of the Company
and the Executive under this Agreement which by their nature may require either
partial or total performance after the expiration of the Term (including,
without limitation, those under Sections 6 and 7 hereof) shall survive such
expiration.

          12.  Validity.  The invalidity or unenforceability of any provision of
               --------
this Agreement shall not affect the validity or enforceability of any other
provision of this Agreement, which shall remain in full force and effect.

                                       9
<PAGE>

          13.  Counterparts.  This Agreement may be executed in several
               ------------
counterparts, each of which shall be deemed to be an original but all of which
together will constitute one and the same instrument.

          14.  Settlement of Disputes.  All claims by the Executive for benefits
               ----------------------
under this Agreement shall be directed to and determined by the Board and shall
be in writing. Any denial by the Board of a claim for benefits under this
Agreement shall be delivered to the Executive in writing and shall set forth the
specific reasons for the denial and the specific provisions of this Agreement
relied upon. The Board shall afford a reasonable opportunity to the Executive
for a review of the decision denying a claim and shall further allow the
Executive to appeal to the Board a decision of the Board within sixty (60) days
after notification by the Board that the Executive's claim has been denied.
Notwithstanding any provision of this Agreement to the contrary, the Executive
shall be entitled to seek specific performance of the Executive's right to be
paid until the Date of Termination during the pendency of any dispute or
controversy arising under or in connection with this Agreement.

          15.  Definitions.  For purposes of this Agreement, the following terms
               -----------
shall have the meanings indicated below:

          (A)  "Affiliate" shall have the meaning set forth in Rule 12b-2
promulgated under Section 12 of the Exchange Act.

          (B)  "Auditor" shall have the meaning set forth in Section 6.2 hereof.

          (C)  "Base Amount" shall have the meaning set forth in section
280G(b)(3) of the Code.

          (D)  "Beneficial Owner" shall have the meaning set forth in Rule 13d-3
under the Exchange Act.

          (E)  "Board" shall mean the Board of Directors of the Company.

          (F)  "Cause" for termination by the Company of the Executive's
employment shall mean (i) the willful and continued failure by the Executive to
substantially perform the Executive's duties with the Company (other than any
such failure resulting from the Executive's incapacity due to physical or mental
illness or any such actual or anticipated failure after the issuance of a Notice
of Termination for Good Reason by the Executive pursuant to Section 7.1 hereof)
after a written demand for substantial performance is delivered to the Executive
by the Board, which demand specifically identifies the manner in which the Board
believes that the Executive has not substantially performed the Executive's
duties, or (ii) the willful engaging by the Executive in conduct which is
demonstrably and materially injurious to the Company or its subsidiaries,
monetarily or otherwise. For purposes of clauses (i) and (ii) of this
definition, (x) no act, or failure to act, on the Executive's part shall be
deemed "willful" unless done, or omitted to be done, by the Executive not in
good faith and without reasonable belief that the Executive's act, or failure to
act, was in the best interest of the Company and (y) in the event of a dispute

                                       10
<PAGE>

concerning the application of this provision, no claim by the Company that Cause
exists shall be given effect unless the Company establishes to the Board by
clear and convincing evidence that Cause exists.

          (G)  "Change in Control" shall be deemed to have occurred if the event
set forth in any one of the following paragraphs shall have occurred:

               (I)  any Person is or becomes the Beneficial Owner, directly or
indirectly, of securities of the Company representing 50% or more of the
combined voting power of the Company's then outstanding securities, excluding
any Person who becomes such a Beneficial Owner in connection with a transaction
described in paragraph (III)(B) below;

               (II)  the following individuals cease for any reason to
constitute a majority of the number of directors then serving: individuals who,
on the date hereof, constitute the Board and any new director (other than a
director whose initial assumption of office is in connection with an actual or
threatened election contest, including but not limited to a consent
solicitation, relating to the election of directors of the Company) whose
appointment or election by the Board or nomination for election by the Company's
shareholders was approved or recommended by the affirmative vote of a majority
of the directors then still in office who either were directors on the date
hereof or whose appointment, election or nomination for election was previously
so approved or recommended ("Continuing Directors");

               (III)  there is consummated a merger or consolidation of the
Company or any direct or indirect subsidiary of the Company with any other
corporation, other than a merger or consolidation in which (A) the Company's
shareholders receive or retain voting common stock in the Company or the
surviving or resulting corporation in such transaction on the same pro rata
basis as their relative percentage ownership of Company common stock immediately
preceding such transaction and a majority of the entire Board of the Company are
or continue to be Continuing Directors following such transaction, or (B) the
Company's shareholders receive voting common stock in the corporation which
becomes the public parent of the Company or its successor in such transaction on
the same pro rata basis as their relative percentage ownership of Company common
stock immediately preceding such transaction and a majority of the entire Board
of such parent corporation are Continuing Directors immediately following such
transaction;

               (IV)  the sale of any one or more Company subsidiaries,
businesses or assets not in the ordinary course of business and pursuant to a
shareholder approved plan for the complete liquidation or dissolution of the
Company; or

               (V)  there is consummated any sale of assets, businesses or
subsidiaries of the Company which, at the time of the consummation of the sale,
(x) together represent 50% or more of the total book value of the Company's
assets on a

                                       11
<PAGE>

consolidated basis or (y) generated 50% or more of the Company's pre-tax income
on a consolidated basis in either of the two fully completed fiscal years of the
Company immediately preceding the year in which the Change in Control occurs;
provided, however, that, in either case, any such sale shall not constitute a
Change in Control if such sale constitutes a Rule 13e-3 transaction and at least
60% of the combined voting power of the voting securities of the purchasing
entity are owned by shareholders of the Company in substantially the same
proportions as their ownership of the Company immediately prior to such sale.

          Notwithstanding the foregoing, a "Change in Control" shall not be
deemed to have occurred by virtue of the consummation of any transaction or
series of integrated transactions immediately following which the record holders
of the common stock of the Company immediately prior to such transaction or
series of transactions continue to have substantially the same proportionate
ownership in an entity which owns all or substantially all of the assets of the
Company immediately following such transaction or series of transactions.

          (H)  "Code" shall mean the Internal Revenue Code of 1986, as amended
from time to time.

          (I)  "Company" shall mean Exide Corporation and, except in determining
under Section 15(G) hereof whether or not any Change in Control of the Company
has occurred, shall include any successor to its business and/or assets which
assumes and agrees to perform this Agreement by operation of law, or otherwise.

          (J)  "Date of Termination" shall have the meaning set forth in Section
7.2 hereof.

          (K)  "Defined Benefit Pension Plan" shall mean any tax-qualified,
supplemental or excess benefit pension plan maintained by the Company and any
other plan or agreement entered into between the Executive and the Company which
is designed to provide the Executive with supplemental retirement benefits,
excluding, however, the Company's Selective Executive Retirement Plan and any
Selective Executive Retirement Agreement.

          (L)  "Defined Contribution Pension Plan" shall mean any tax-qualified,
supplemental or excess defined contribution plan maintained by the Company and
any other defined contribution plan or agreement entered into between the
Executive and the Company.

          (M)  "Disability" shall be deemed the reason for the termination by
the Company of the Executive's employment, if, as a result of the Executive's
incapacity due to physical or mental illness, the Executive shall have been
absent from the full-time performance of the Executive's duties with the Company
for a period of six (6) consecutive months, the Company shall have given the
Executive a Notice of Termination for Disability, and, within thirty (30) days
after such Notice of Termination is given, the Executive shall not have returned
to the full-time performance of the Executive's duties.

                                       12
<PAGE>

          (N)  "Exchange Act" shall mean the Securities Exchange Act of 1934, as
amended from time to time.

          (O)  "Excise Tax" shall mean any excise tax imposed under section 4999
of the Code.

          (P)  "Executive" shall mean the individual named in the first
paragraph of this Agreement.

          (Q)  "Good Reason" for termination by the Executive of the Executive's
employment shall mean the occurrence (without the Executive's express written
consent) after any Change in Control, or prior to a Change in Control under the
circumstances described in clauses (ii) and (iii) of the second sentence of
Section 6.1 hereof (treating all references in paragraphs (I) through (VII)
below to a "Change in Control" as references to a "Potential Change in
Control"), of any one of the following acts by the Company, or failures by the
Company to act, unless, in the case of any act or failure to act described in
paragraph (I), (V), (VI) or (VII) below, such act or failure to act is corrected
prior to the Date of Termination specified in the Notice of Termination given in
respect thereof:

               (I)  the assignment to the Executive of any duties inconsistent
with the Executive's status as a senior executive officer of the Company or a
substantial adverse alteration in the nature or status of the Executive's
responsibilities from those in effect immediately prior to the Change in
Control, including, without limitation, if the Executive was, immediately prior
to the Change in Control, an executive officer of a public company, the
Executive ceasing to be an executive officer of a public company;

               (II)  a reduction by the Company in the Executive's annual base
salary as in effect on the date hereof or as the same may be increased from time
to time;

               (III)  the relocation of the Executive's principal place of
employment to a location more than 50 miles from the Executive's principal place
of employment immediately prior to the Change in Control or the Company's
requiring the Executive to be based anywhere other than such principal place of
employment (or permitted relocation thereof) except for required travel on the
Company's business to an extent substantially consistent with the Executive's
present business travel obligations;

               (IV)  the failure by the Company to pay to the Executive any
portion of the Executive's current compensation, or to pay to the Executive any
portion of an installment of deferred compensation under any deferred
compensation program of the Company, within seven (7) days of the date such
compensation is due;

               (V)  the failure by the Company to continue in effect any
compensation plan in which the Executive participates immediately prior to the
Change in Control which is material to the Executive's total compensation,
including but not limited to the Company's Annual Incentive Plan, the Company's
1999 Stock Incentive

                                       13
<PAGE>

Plan, the Company's 1993 Stock Incentive Plan, the Company's 1993 Long Term
Incentive Plan, the Company's 1997 Stock Option Plan, and the Company's 2000
Broad Based Stock Incentive Plan, or any substitute plans adopted prior to the
Change in Control, unless an equitable arrangement (embodied in an ongoing
substitute or alternative plan) has been made with respect to such plan, or the
failure by the Company to continue the Executive's participation therein (or in
such substitute or alternative plan) on a basis not materially less favorable,
both in terms of the amount or timing of payment of benefits provided and the
level of the Executive's participation relative to other participants, as
existed immediately prior to the Change in Control;

               (VI)  the failure by the Company to continue to provide the
Executive with benefits substantially similar to those enjoyed by the Executive
under any of the Company's pension, savings, life insurance, medical, health and
accident, or disability plans in which the Executive was participating
immediately prior to the Change in Control (except for across the board changes
similarly affecting all senior executives of the Company and all senior
executives of any Person in control of the Company), the taking of any other
action by the Company which would directly or indirectly materially reduce any
of such benefits or deprive the Executive of any material fringe benefit enjoyed
by the Executive at the time of the Change in Control, or the failure by the
Company to provide the Executive with the number of paid vacation days to which
the Executive is entitled on the basis of years of service with the Company in
accordance with the Company's normal vacation policy in effect at the time of
the Change in Control; or

               (VII)  any purported termination of the Executive's employment
which is not effected pursuant to a Notice of Termination satisfying the
requirements of Section 7.1 hereof; for purposes of this Agreement, no such
purported termination shall be effective.

          The Executive's right to terminate the Executive's employment for Good
Reason shall not be affected by the Executive's incapacity due to physical or
mental illness. The Executive's continued employment shall not constitute
consent to, or a waiver of rights with respect to, any act or failure to act
constituting Good Reason hereunder.

          For purposes of any determination regarding the existence of Good
Reason, any claim by the Executive that Good Reason exists shall be presumed to
be correct unless the Company establishes to the Board by clear and convincing
evidence that Good Reason does not exist.

          (R)  "Gross-Up Payment" shall have the meaning set forth in Section
6.2 hereof.

          (S)  "Income Protection Policy" shall mean the Income Protection
Policy for Salaried Employees (or any successor thereto), which is maintained by
the Company.

                                       14
<PAGE>

          (T)  "Notice of Termination" shall have the meaning set forth in
Section 7.1 hereof.

          (U)  "Person" shall have the meaning given in Section 3(a)(9) of the
Exchange Act, as modified and used in Sections 13(d) and 14(d) thereof, except
that such term shall not include (i) the Company or any of its Affiliates, (ii)
a trustee or other fiduciary holding securities under an employee benefit plan
of the Company or any of its subsidiaries, (iii) an underwriter temporarily
holding securities pursuant to an offering of such securities or (iv) a
corporation owned, directly or indirectly, by the stockholders of the Company in
substantially the same proportions as their ownership of stock of the Company

          (V)  "Potential Change in Control" shall be deemed to have occurred if
the event set forth in any one of the following paragraphs shall have occurred:

               (I)   the Company enters into an agreement, the consummation of
          which would result in the occurrence of a Change in Control;

               (II)  the Company or any Person publicly announces an intention
          to take or to consider taking actions which, if consummated, would
          constitute a Change in Control;

               (III)  any Person becomes the Beneficial Owner, directly or
          indirectly, of securities of the Company representing 20% or more of
          either the then outstanding shares of common stock of the Company or
          the combined voting power of the Company's then outstanding securities
          (not including in the securities beneficially owned by such Person any
          securities acquired directly from the Company or its affiliates); or

               (IV)  the Board adopts a resolution to the effect that, for
          purposes of this Agreement, a Potential Change in Control has
          occurred.

          (W)  "Retirement" shall be deemed the reason for the termination by
the Executive of the Executive's employment if such employment is terminated in
accordance with the Company's retirement policy, including early retirement,
generally applicable to its salaried employees.

          (X)  "Rule 13e-3 transaction" shall have the meaning set forth in Rule
13e-3 under the Exchange Act.

          (Y)  "Severance Payments" shall have the meaning set forth in Section
6.1 hereof.

          (Z)  "Tax Counsel" shall have the meaning set forth in Section 6.2
hereof.

          (AA) "Term" shall mean the period of time described in Section 2
hereof (including any extension, continuation or termination described therein).

                                       15
<PAGE>

          (BB) "Total Payments" shall mean those payments so described in
Section 6.2 hereof.

                                       16
<PAGE>

                                           EXIDE CORPORATION

                                           By:_______________________________
                                           Name: John R. Van Zile
                                           Title: Executive Vice President,
                                           General Counsel and Secretary

                                           __________________________________
                                                [Named Executive Officer]

                                           Address:

                                           __________________________________

                                           __________________________________

                                           __________________________________
                                           (Please print carefully)

                                       17

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