Document:

Form of Director Confidentiality and Non-Competition Agreement

 Exhibit 10.13 
 ROUNDY’S, INC. 
 DIRECTOR CONFIDENTIALITY AND NON-COMPETITION
AGREEMENT 
 This Director Confidentiality and Non-Competition Agreement (this
“Agreement”) is entered into as of the          day of                     ,
201  , by the undersigned for the benefit of Roundy’s, Inc. (“Roundy’s”) and its current and future Subsidiaries and Affiliates (as hereinafter defined). Roundy’s and its Subsidiaries and Affiliates are referred to
herein collectively as the “Company.” 
 PREAMBLE: 

I am a director of the Company. I understand that in the course of my service to the Company, I will have access to and become acquainted
with a great deal of confidential, proprietary information concerning the Company's business, products, services, customers, sales and marketing efforts and practices, financial information, market strategies, corporate strategies, capital
structure, ownership, and other valuable proprietary information. Some or all of such information may constitute "trade secrets" of the Company within the meaning of the Wisconsin Trade Secrets Act, Wis. Stat. §134.90. 

I understand that such information is the exclusive property of the Company, and its disclosure to third persons could have a significant
adverse effect on the Company's competitive position and business. Further, my use of such knowledge and information, and of the experience I have and will gain in the course of my service to the Company, in a manner competitive with the Company's
business would have a substantial detrimental effect on the business and the value of the Company. The Company therefore wishes to maintain the strictest confidentiality of all such information and to take all reasonable steps to prevent its
unauthorized dissemination or its use in a manner competitive with the Company's business, and to prohibit me from competing with the Company during the time I am serving as a director of the Company. 

The Company has offered to grant me Restricted Stock pursuant to the Company’s parent corporation, Roundy’s, Inc. (the
“Restricted Stock”). I understand that the Company’s willingness to grant the Restricted Stock is in consideration, in part, of my entering into this Agreement. 
 AGREEMENT: 
 Therefore, in consideration of these circumstances, my
continued directorship with the Company, and Company’s granting me the Restricted Stock, I agree as follows: 

 1. Confidential Information. 

(a) I acknowledge that by reason of my duties to and association with the Company, I have had and will have access to and have and will
become informed of Confidential Information. For purposes of this Agreement, “Confidential Information” means all information of a confidential or proprietary nature (whether or not specifically labeled or identified as
“confidential”), in any form or medium, that is or was disclosed to, or developed or learned by, me in connection with my relationship with the Company or any of its stockholders or investors prior to the date hereof or during the
continuation of my serving as a director of the Company, and that relates to the actual or anticipated business, products, services, financing, research or development of the Company or any of its stockholders or investors or their respective
suppliers, distributors or customers. Confidential Information includes, but is not limited to, the following: (i) internal business information (including information relating to strategic and staffing plans and practices, business, training,
marketing, promotional and sales plans and practices, cost, rate and pricing structures, accounting and business methods); (ii) identities of, individual requirements of, specific contractual arrangements with, information about and
confidential and proprietary information of any of the Company’s suppliers, distributors and customers; (iii) trade secrets, compilations of data and analyses, techniques, systems, formulae, research, records, reports, manuals,
documentation, models, data and data bases relating thereto; (iv) inventions, innovations, improvements, developments, methods, designs, analyses, drawings, reports and all similar or related information (whether or not patentable); and
(v) Acquisition Targets and Active Targets (as defined below). Confidential Information shall not include information that (a) is or becomes publicly known through no wrongful act or breach of obligation of confidentiality; (b) was
rightfully received by me from a third party (other than the Company or any of the Company’s suppliers, distributors or customers) without a breach of any obligation of confidentiality by such third party known to me or (c) was known to me
prior to the beginning of my service as a director of the Company. 
 (b) During the term of my service as a director of the
Company, I agree to keep in strict confidence and not, directly or indirectly, make known, disclose, furnish, make available or use any Confidential Information, except for use in my regular authorized duties on behalf of the Company. Following the
termination (for any reason whatsoever) of directorship with the Company, I agree to keep in strict confidence and not, directly or indirectly, make known, disclose, furnish, make available or use any Confidential Information in the Geographic Area
(as defined below). I acknowledge and agree that all documents and other property including or reflecting Confidential Information furnished to me by the Company or any of its shareholders, or investors or otherwise acquired or developed by me or
known by me shall at all times be the sole and exclusive property of the Company. During my service as a director of the Company and thereafter, I will take all necessary and appropriate steps to safeguard Confidential Information and protect it
against disclosure, misappropriation, misuse, loss and theft. I will deliver to the Company at the termination of my directorship, or at any other time the Company may request, all memoranda, notes, plans, records, reports, computer disks or tapes,
printouts and software and other documents and data (and copies thereof) relating to or containing any Confidential Information, Work Product (as defined below) or the business of the Company or any of its shareholders or investors which I may then
possess or have under my control and shall erase all embodiments of the Confidential Information from all storage devices. If I am required to disclose Confidential Information pursuant to any applicable law or court order, I will provide the
Company with prior written notice of the requirement for disclosure that details the Confidential Information to be disclosed and will cooperate with the Company to preserve the confidentiality of such information to the extent possible. 

2. Common Law of Torts or Trade Secrets. In addition to the Company’s rights and my duties as specifically set out in this
Agreement, the Company will retain all such rights, and I will be bound by all such duties, to protect the Company’s Confidential Information, as are or may be provided under the law, including without limitation the Wisconsin Trade Secrets Act
(Wis. Stat. §134.90). Nothing herein will diminish the Company’s common law and statutory rights to: 

  
 2 

 (a) keep such information secret for as long as the law allows; 

(b) protect such information from disclosure to any third party, wherever located; 

(c) protect such information from use by any person, including me, not authorized by the Company; and 

(d) seek any remedies and take any measures necessary to protect the Company’s Confidential Information. 

3. Inventions and Patents. 
 (a) I acknowledge that all Work Product is the exclusive property of the Company. I hereby assign all right, title and interest in and to all Work Product to the Company. Any copyrightable works that fall
within Work Product will be deemed “works made for hire” under Section 201(b) of the 1976 Copyright Act, and the Company shall own all of the rights comprised in the copyright therein; provided, however, that to the extent such works
may not, by operation of law, constitute “works made for hire,” I hereby assign to the Company all right, title and interest therein. 
 (b) I will promptly and fully disclose all Work Product to the Company and will cooperate and perform at the expense of the Company all actions reasonably requested by the Company (whether during or after
my service as a director of the Company) to establish, confirm and protect the Company’s right, title and interest in such Work Product. Without limiting the generality of the foregoing, I agree to assist the Company, at the Company’s
expense, to secure its rights in the Work Product in any and all countries, including the execution of all applications and all other instruments and documents which the Company shall deem necessary in order to apply for and obtain rights in such
Work Product and in order to assign and convey to the Company the sole and exclusive right, title and interest in and to such Work Product. If the Company is unable because of my mental or physical incapacity or for any other reason (including my
refusal to do so after request therefor is made by the Company) to secure my signature to apply for or to pursue any application for any United States or foreign patents or copyright registrations covering Work Product belonging to or assigned to
the Company pursuant to Section 3(a) above, then I hereby irrevocably designate and appoint Roundy’s and each of its duly authorized officers and agents as my agent and attorney-in-fact to act for and in my behalf and stead to execute and
file any such applications and to do all other lawfully permitted acts to further the prosecution and issuance of patents or copyright registrations thereon with the same legal force and effect as if executed by me. I agree not to apply for or
pursue any application for any United States or foreign patents or copyright registrations covering any Work Product other than pursuant to this paragraph in circumstances where such patents or copyright registrations are or have been or are
required to be assigned to the Company. 
 4. Non-Competition; Non-Solicitation; Non-Interference. 

(a) I agree that, except with regards to my service as a director for Tops Holding Corporation and a director for PetSmart, Inc., during
my service as a director of the Company, I will not directly or indirectly own any interest in, manage, control, participate in (whether as an officer, director, employee, partner, agent, representative or otherwise), consult with, render services
for, or in any other manner engage in any business which is, directly or indirectly, engaged in any business in which the Company engages or proposes to engage during the period of my service as a director of the Company. 

  
 3 

 (b) Nothing herein shall prohibit me from being a passive owner of not more than 2% of the
outstanding securities of any class of a corporation which is publicly traded, so long as I have no active participation in the business of any such corporation. 
 (c) During my service as a director of the Company and throughout the Nonsolicitation Period, I will not directly or indirectly (including through another person) solicit or attempt to solicit, induce or
attempt to induce any employee, consultant, agent, independent contractor or any other person otherwise engaged in a services or business relationship (including, without limitation, any customer, supplier, licensee or licensor) with the Company to
leave the employ of or terminate or otherwise adversely alter such person’s relationship with the Company, or in any way interfere with the relationship between the Company and any such person; provided, however, I will not be prohibited from
engaging the services of any such person who is also engaged by the Company (other than any employee of the Company, or any consultant or agent providing services substantially on a full-time basis to the Company relating primarily to the Food
Industries, as that term is defined below) so long as any such engagement would not otherwise constitute a breach of this Section 4(d). 
 (d) During the Nonsolicitation Period, I will not directly or indirectly (including through another person) hire or otherwise engage the services of any person who was an employee of the Company at any
time during the ninety (90) day period immediately preceding the termination of my directorship with the Company. 
 (e)
During my service as a director of the Company and throughout the Nonsolicitation Period, I will not directly or indirectly (including through another person) acquire or attempt to acquire any business in the United States of America to which the
Company or any of its shareholders or investors has made any proposal during the Reference Period relating to the possible acquisition of such business by the Company or any of its shareholders or investors (an “Acquisition Target”), or
take any action to induce or attempt to induce any Acquisition Target to consummate any acquisition, investment or other similar transaction with any person other than the Company or any of its shareholders or investors. 

(f) If, at the time of enforcement of any covenant or agreement contained in Section 1, 2, 4(a), 4(c) or 4(d) of this Agreement, a
court holds that the duration, scope, or area restrictions stated herein are unreasonable under circumstances then existing, I agree that the maximum period, scope or geographical area reasonable under such circumstances shall be substituted for the
stated period, scope or area and that the court will be allowed and directed to revise the restrictions contained herein to cover the maximum period, scope and area permitted by law. Because my services are unique and because I have access to
Confidential Information and Work Product, I agree that monetary damages would not be an adequate remedy for any breach of this Agreement. Therefore, in the event a breach or threatened breach of this Agreement, the Company or its successors or
assigns may, in addition to other rights and remedies existing in their favor, apply to any court of competent jurisdiction for specific performance and/or injunctive or similar relief in order to enforce, or prevent any violations of, the
provisions hereof. In addition, in the event of a breach or violation by me of any covenant or agreement in Section 4(a), 4(b), 4(d) or 4(e), the Noncompete Period set forth in such Section with respect to such covenant or agreement shall be
tolled until such breach or violation has been duly cured. 
 5. Definitions. 

“Active Targets” means a company or a division of a company in the Food Industries which, during the Reference Period, the
Company has spent a significant amount of time investigating as a possible investment or acquisition candidate. 

  
 4 

 “Affiliate” of a person means any other person or investment fund controlling,
controlled by or under common control with the person and, in the case of a person which is a partnership, any partner of the person. 
 “Food Industries” means the retail grocery industry. 
 “Geographic
Area” means the States of Illinois, Minnesota, Wisconsin, any other state in which the Company or any of its Subsidiaries conduct significant business after the date hereof, and any other state in which an Active Target is located. 

“Nonsolicitation Period” means the one (1) year period following the Termination Date. 

“Reference Period” means the one (1) year period immediately preceding the Termination Date. 

“Subsidiary” means, with respect to any person, any corporation, limited liability company, partnership, association or
business entity of which (i) if a corporation, a majority of the total voting power of shares of stock entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof is at the
time owned or controlled, directly or indirectly, by that person or one or more of the other Subsidiaries of that person or a combination thereof, or (ii) if a limited liability company, partnership, association or other business entity (other
than a corporation), a majority of partnership or other similar ownership interest thereof is at the time owned or controlled, directly or indirectly, by any person or one or more Subsidiaries of that person or a combination thereof. For purposes
hereof, a person or persons shall be deemed to have a majority ownership interest in a limited liability company, partnership, association or other business entity (other than a corporation) if such person or persons shall be allocated a majority of
limited liability company, partnership, association or other business entity gains or losses or shall be or control any managing director or general partner of such limited liability company, partnership, association or other business entity.

 “Termination Date” means the date on which my directorship with Roundy’s terminates, regardless of the reason
for that termination. 
 “Work Product” means all inventions, innovations, improvements, developments, methods,
processes, designs, analyses, drawings, reports and all similar or related information (whether or not patentable or reduced to practice or comprising Confidential Information) and any copyrightable work, trade mark, trade secret or other
intellectual property rights (whether or not comprising Confidential Information) and any other form of Confidential Information, any of which relate to the Company’s actual or anticipated business, research and development or existing or
future products or services and which were or are conceived, reduced to practice, contributed to, developed, made or acquired by me (whether alone or jointly with others) while serving as a director (both before and after the date hereof) of
Roundy’s (or its predecessors, successors or assigns). 
 6. Notices. Any notice provided for in this Agreement must
be in writing and must be either personally delivered, mailed by first class mail (postage prepaid and return receipt requested) or sent by reputable overnight courier service (charges prepaid) to the recipients at the address indicated below:

  

					
	 If to me:
	  		  	

  
 5 

					
	 If to the Company:
	  	 Roundy’s, Inc.
 875
East Wisconsin Avenue
 Milwaukee, WI 53202
 Attn: Darren W. Karst
	  	

 or to such other address or to the attention of such other person as the recipient party shall have specified by prior
written notice to the sending party. Any notice under this Agreement shall be deemed to have been duly given or made as follows: (a) if sent by registered or certified mail in the United States, return receipt requested, upon actual receipt;
(b) if sent by reputable overnight air courier (such as DHL or Federal Express), two business days after being so sent; (c) if sent by telecopy or facsimile transmission (and receipt is confirmed), when transmitted at or before 5:00 p.m.
local time at the location of receipt on a business day, and if received after 5:00 p.m. or on a day other than a business day, on the next following business day, but only if also sent by reputable overnight air courier within one business day
following transmission; or (d) if otherwise actually personally delivered, when so delivered. 
 7. General
Provisions. 
 (a) Severability. Whenever possible, each provision of this Agreement shall be interpreted in such
manner as to be effective and valid under applicable law, but if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction, such invalidity, illegality or
unenforceability shall not affect any other provision or any other jurisdiction, but this Agreement shall be reformed, construed and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision had never been contained
herein. The parties specifically acknowledge and agree that each covenant and agreement contained in Section 1, 2, 3, 4(a), 4(b), 4(d) or 4(e) of this Agreement is separate and independent. 

(b) Complete Agreement. This Agreement, together with the Restricted Stock, and those other documents expressly referred to herein
and other documents of even date herewith embody the complete agreement and understanding among the parties and supersede and preempt any prior understandings, agreements or representations by or among the parties, written or oral, which may have
related to the subject matter hereof in any way. 
 (c) Counterparts. This Agreement may be executed in separate
counterparts, each of which is deemed to be an original and all of which taken together constitute one and the same agreement. 

(d) Successors and Assigns. Except as otherwise provided herein, this Agreement shall bind and inure to the benefit of and be
enforceable by the Company and its successors and assigns. 
 (e) Governing Law. This Agreement shall be governed by
and construed in accordance with the laws of the State of Wisconsin without giving effect to any choice of law or conflict of law provision or rule (whether of the State of Wisconsin or any other jurisdiction) that would cause the application of the
law of any jurisdiction other than the State of Wisconsin. 

  
 6 

 (f) Remedies. The Company shall be entitled to enforce its rights under this
Agreement specifically, to recover damages and costs (including reasonable attorney’s fees) caused by any breach of any provision of this Agreement and to exercise all other rights existing in its favor. I agree and acknowledge that money
damages would not be an adequate remedy for any breach of the provisions of this Agreement and that the Company may in its sole discretion apply to any court of law or equity of competent jurisdiction (without posting any bond or deposit) for
specific performance and/or other injunctive relief in order to enforce or prevent any violations of the provisions of this Agreement. 
 (g) Survival. The provisions of this Agreement shall survive and continue in full force and effect in accordance with their terms notwithstanding any termination of my service as a director of the
Company, regardless of the reason for that termination. 
 (h) Amendment and Waiver. The provisions of this Agreement may
be amended and waived only with the prior written consent of the Company and me. 
 (i) Advice of Counsel. I acknowledge
that I have been encouraged by the Company to obtain independent legal advice and counsel prior to entering into this Agreement, that I have obtained such independent advice and counsel, and that I understand fully all the terms and provisions
contained in this Agreement. 
 (j) Other Laws. Nothing in this Agreement shall be construed to limit or negate any common
or statutory law, including, without limitation, any laws of fiduciary duties, torts or trade secrets, where it provides the parties hereunder with broader protection than that provided herein. 

(l) Waiver of Jury Trial. I HEREBY VOLUNTARILY, KNOWINGLY, IRREVOCABLY AND UNCONDITIONALLY WAIVE ANY RIGHT TO HAVE A JURY
PARTICIPATE IN RESOLVING ANY DISPUTE (WHETHER BASED UPON CONTRACT, TORT OR OTHERWISE) BETWEEN OR AMONG ANY OF THE PARTIES ARISING OUT OF OR IN ANY WAY RELATED TO THIS AGREEMENT. 

IN WITNESS WHEREOF, I have executed this Director Confidentiality and Non-Competition Agreement on the date first written above.

  

	
	DIRECTOR:
	
	  
	 

  
 7EX-10.1

 Exhibit 10.1 
 AMENDED AND RESTATED CHRYSLER GROUP LLC 
 DIRECTORS’ RESTRICTED STOCK
UNIT PLAN 
  

	 	Section 1.	Creation and Purpose 

 (a) Creation of the Directors’ RSU Plan. The Compensation and Leadership Development Committee (the “Committee”) of the Board of Directors (the
“Board”) of Chrysler Group LLC (the “Company”) established the Chrysler Group LLC 2009 Directors’ Restricted Stock Unit Plan (as amended, the “Directors’ RSU Plan”)
effective as of November 12, 2009 (the “Effective Date”), and amended and restated the plan (including renaming the plan the Amended and Restated Chrysler Group LLC Directors’ Restricted Stock Unit Plan) effective
April 24, 2012. 
 (b) Purpose of the RSU Plan. The purpose of the RSU Plan is to align the interests of the
Company’s Directors with the interests of the Company’s equity security holders. The Directors’ RSU Plan is designed to provide retainer fees that are tied to the value of the equity securities of the Company by the grant of
Restricted Stock Units (“RSUs”). RSUs represent the contractual right to receive payments based on the value of the equity securities of the Company, subject to the terms and conditions of the RSU Plan and any documentation
evidencing such RSUs. 
  

	 	Section 2.	Administration 

(a) Administration. The Committee shall be responsible for the administration of the RSU Plan. 

(i) The Committee shall have discretionary authority to prescribe, amend and rescind rules and regulations relating to the
Directors’ RSU Plan, to provide for conditions deemed necessary or advisable to protect the interests of the Company and/or its equity security holders, to interpret the Directors’ RSU Plan and to make all other determinations necessary or
advisable for the administration and interpretation of the Directors’ RSU Plan and to carry out its provisions and purposes. Any determination, interpretation or other action made or taken (including any failure to make any determination or
interpretation, or take any other action) by the Committee pursuant to the provisions of the Directors’ RSU Plan shall be final, binding and conclusive for all purposes and upon all persons and shall be given deference in any proceeding with
respect thereto. 
 (ii) The Committee may consult with legal counsel and other advisors, and shall not incur
any liability for any action taken in good faith in reliance upon the advice of counsel. The Committee shall have sole discretion to determine which legal counsel and other advisors to retain. 

	 	Section 3.	Restricted Stock Units in General 

 (a) In General. Prior to the occurrence of a “Chrysler IPO” as defined in the Amended and Restated Limited Liability Company Operating Agreement of the Company, dated June 10, 2009
(as the same may be amended from time to time, the “Operating Agreement”), each RSU granted under the Directors’ RSU Plan shall represent a contractual right to receive a payment in an amount equal to the Fair Market
Value (as described in Section 7) of one Chrysler Unit. For purposes of the Directors’ RSU Plan, a “Chrysler Unit” means 1/600 of a “Class A Membership Interest” (as defined in the Operating Agreement) on
a fully diluted basis and assuming the conversion of outstanding “Class B Membership Interests” (as defined in the Operating Agreement). 
 (b) Adjustment in Capitalization. In the event of an adjustment in the capitalization of the Company (including, without limitation, a recapitalization, reorganization, merger, consolidation,
split-up, spin-off, combination, exchange of equity securities, warrants or rights offering to purchase equity securities at a price substantially below fair market value, or other similar corporate event affects the equity securities of the
Company) or a distribution to the equity security holders of the Company such that an adjustment is required in order to preserve, or to prevent the enlargement of, the benefits or potential benefits intended to be made available under the
Directors’ RSU Plan to the holders of outstanding RSUs, then the Committee shall, in its sole discretion, and in such manner as the Committee may deem equitable, adjust any or all of (i) the number and kind of equity securities
underlying outstanding RSUs, (ii) the factors and manner by which the value of the RSUs are determined, (iii) and any other affected term or condition of the Directors’ RSU Plan and/or outstanding RSUs. 

(c) Adjustment in the Event of a Chrysler IPO. Without limiting the generality of Section 3(b), in the event of a Chrysler
IPO, each RSU shall be equitably converted, as determined by the Committee, into restricted stock units of the publicly-held company. 
  

	 	Section 4.	Grant of Restricted Stock Units 

 (a) Grant of RSUs. The Directors serving on the Board as of the Effective Date shall receive 361,446 RSUs. Any Director who commences service on the Board after the Effective Date and before
June 10, 2012, shall receive an RSU grant as determined at the discretion of the Committee. RSUs granted prior to June 10, 2012 are herein referred to as the “Initial RSUs”. On or after June 10, 2012, Directors
shall receive an RSU grant as determined at the discretion of the Committee. The Directors to whom RSUs are granted are referred to in the Directors’ RSU Plan as “Participants”. 

(b) Crediting of RSU Account. The Company shall maintain a notional account on behalf of each Participant (the “RSU
Account”). The number of RSUs granted to each Participant shall be credited to the Participant’s RSU Account. 

  
 2 

 (c) Distributions. Participants’ RSU Accounts shall also be credited with
additional RSUs equal to the value of the notional distributions that would have been received by the Participants (other than distributions made solely in respect of the Members’ “Tax Amount” as set forth in Section 4.4(b) of
the Operating Agreement (or any successor provision of the Operating Agreement)), if (i) the Participants held the same equity securities underlying the RSUs then credited to the Participants’ RSU Accounts and (ii) the
participants in the Company’s Restricted Stock Unit Plan and the Company’s Deferred Phantom Share Plan held the same equity securities underlying the awards then credited to the participants’ accounts in such plans. The number of RSUs
so credited shall equal the amount of such notional distributions divided by the Fair Market Value of a Chrysler Unit, based on the most recently completed valuation of Fair Market Value or, if the Committee deems necessary or appropriate, on the
next valuation of Fair Market Value. Any additional RSUs credited to the RSU Account of a Participant shall, as of the date so credited, be treated for all purposes of the RSU Plan (including, without limitation, the provisions of the
Directors’ RSU Plan pertaining to the payment of amounts from the Participant’s RSU Account, the crediting of future distributions, and the vesting of RSUs) as though part of the grant of RSUs to which such distributions relate.

  

	 	Section 5.	Vesting Conditions 

(a) In General. Except as provided in Section 5(b) or Section 5(d), the Initial RSUs shall vest as follows:
(i) 120,482 RSUs granted to the Participant shall become vested if the Participant continuously serves as a Director through June 10, 2010, (ii) an additional 120,482 RSUs granted to the Participant shall become vested
if the Participant continuously serves as a Director through June 10, 2011, and (iii) the remaining 120,482 RSUs granted to the Participant shall become vested if the Participant continuously serves as a Director through
June 10, 2012. Unless otherwise determined by the Committee and set forth in the applicable award agreement, RSUs granted on or after June 10, 2012 shall become vested if the Participant continuously serves as a Director through the first
anniversary of the date on which the RSUs were granted. The date on which an RSU would vest, subject to the satisfaction of the vesting conditions applicable to such RSU, is referred to in the RSU Plan as the “Vesting Date.”
RSUs that are not yet vested are referred to in the RSU Plan as “Unvested RSUs.” RSUs that become vested as of a Vesting Date are referred to in the RSU Plan as “Vested” RSUs. 

(b) Death or Disability. In the event of a Participant’s death or Disability, all of the Participant’s Unvested RSUs
shall be deemed to be Vested RSUs as of the date on which the Participant dies or becomes disabled. For purposes of the RSU Plan, “Disability” means the Participant’s inability, due to illness, injury or mental
incapacity, to continue to serve as a Director, even after reasonable accommodation, for a period of at least 180 consecutive days. 
 (c) Cessation of Service for Any Other Reason. If, prior to the applicable Vesting Date, a Participant ceases to serve as a Director for any reason other than as set forth in Section 5(b), the
Unvested RSUs then held by such Participant shall be forfeited without payment as of the date the Participant ceases to be a Director. 

  
 3 

	 	Section 6.	Payment 

 (a)
Payment Date. An amount equal to the Fair Market Value of the Chrysler Units underlying the Vested RSUs credited to a Participant’s RSU Account shall be paid to the Participant within 60 days following the date on which the Participant
ceases to serve as a Director. 
 (b) Form of Payment. Prior to a Chrysler IPO, all payments under the Directors’
RSU Plan shall be in the form of cash. On or after a Chrysler IPO, in the Company’s sole discretion, payments shall be in the form of cash or shares of the Company’s publicly traded stock. 

Section 7. Valuation. The Fair Market Value of a Chrysler Unit shall be determined by the Committee in good faith and
pursuant to a consistent methodology based on the valuation of the Company (such valuation to be determined at least annually). In determining the value of the Company, the Company may consult with investment bankers, auditors, valuation experts and
other advisors, and shall not incur any liability for any action taken in good faith in reliance upon the advice of such advisors. 
 Section 8. Amendment and Termination. The Board may at its discretion at any time and from time to time alter, amend, suspend, or terminate the Directors’ RSU Plan;
provided, however, that no such alteration, amendment, suspension or termination shall affect adversely any then outstanding RSUs without the consent of the adversely affected Participant. 

 

	 	Section 9.	Miscellaneous Provisions 

 (a) Nontransferability of Awards. No RSUs granted under the Directors’ RSU Plan may be sold, transferred, pledged, assigned or otherwise alienated or hypothecated, other than by will or by the
laws of descent and distribution. 
 (b) Governing Law. The Directors’ RSU Plan, and all agreements hereunder, shall
be governed by and construed in accordance with the law of the State of Michigan, regardless of the law that might be applied under principles of conflict of laws. 
 (c) Freedom of Action. Nothing in the Directors’ RSU Plan shall be construed as limiting or preventing the Company or any affiliate of the Company from taking any action with respect to the
operation or conduct of its business that it deems appropriate or in its best interest. 
 (d) Unfunded Plan. The
Directors’ RSU Plan is an unfunded plan and Participants shall have the status of unsecured creditors of the Company. 

  
 4 

 (e) Severability of Provisions. If any provision of the Directors’ RSU Plan
shall be held invalid or unenforceable, such invalidity or unenforceability shall not affect any other provisions hereof, and the Directors’ RSU Plan shall be construed and enforced as if such provision had not been included. 

  
 5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00204-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00204-of-00352.parquet"}]]