Document:

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                                                                   EXHIBIT 10.29

                              DATED 1 MARCH, 1993

                          MOTOR PANELS (COVENTRY) PLC

                                     -AND-

                              WILLIAM GORDON BOYD

                               SERVICE AGREEMENT
<PAGE>

AN AGREEMENT made the 1 March 1993 BETWEEN Motor Panels (Coventry) plc whose
registered office is situate at Mayflower House, 8 High Street, Egham, Surrey,
TW20 9EA (hereinafter called "the Company") of the one part and William Gordon
Boyd of c/o The Royal Court Hotel, Keresley, Coventry ("the Executive") of the
other part WHEREBY IT IS AGREED as follows:-

1.       The Company shall employ the Executive and the Executive shall serve
         the Company as Manufacturing Director or in such other capacity as
         shall from time to time be agreed between the Board of Directors of
         the Company (hereinafter referred to as "the Board") and the Executive
         on the terms and conditions hereinafter appearing. The appointment
         shall commence on 1 March 1993 and shall continue until terminated as
         hereinafter provided.

2.       During the continuance of this Agreement the Company shall:-

         (a)      Pay to the Executive a base salary at the rate of
                  (POUND)50,000 per annum or such increased rate as the Company
                  and the Executive may from time to time agree such salary to
                  be payable by equal instalments in respect of each calendar
                  month. Such salary will be reviewed by the Board on or before
                  the 1st day of January in each year.

         (b)      Provided and maintain for the use of the executive while on
                  the business of the Company a suitable motor car (as
                  determined by the Company) and shall pay all expenses in
                  connection with the maintenance insurance and running of such
                  car the Executive paying to the Company such contribution (if
                  any) in respect of use of such car as the Company shall from
                  time to time reasonably require. The car should not be taken
                  out of the UK for private purposes without the written
                  consent of the company and all running expenses attributable
                  to any private use of the car outside the UK to be at

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         the Executive's expense. On the cessation of the Executive's employment
         the Executive agrees to return the car to his place of work or such
         other place as the company directs.

(c)      Reimburse to the Executive all reasonable and proper travelling hotel
         and other out-of-pocket expenses incurred by him in or about the
         discharge of his duties hereunder

(d)      Permit the Executive to take 25 working days holiday (exclusive of
         normal public and bank holidays) in each year at such times as may be
         determined by the Company having regard to the Company's business and
         in particular the Executive acknowledges that it may be necessary for
         the Company to require him to take up to 15 working days of such
         entitlement to coincide with factory shutdowns. No more than 10 working
         days holiday may be taken at anytime unless by prior agreement with the
         Chief Executive of the Automotive Division. For the purposes of
         calculation the holiday year will be 1st January to 31st December.

(e)      Pay to the Executive in full the remuneration under Clause 2(a) hereto
         (after deduction of or adjustment for any such sums as are due to or
         payable in respect of the Executive by way of social security benefits
         or otherwise payable to the Executive under the Company's sickness pay
         or other similar scheme for the time being in force) in respect of any
         period of absence due to incapacity or illness throughout the first
         continuous or aggregate period of 26 weeks of absence (in any
         consecutive period of 12 months) during which he is incapacitated or
         prevented by illness injury accident or any other circumstances beyond
         his control ("the incapacity") from discharging his duties hereunder
         provided that in such case the Executive gives or sends to the Company
         such notification and evidence (including independent medical evidence)
         concerning his incapacity as the Company shall from time to time

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         reasonably require and in particular as is required under the
         provisions of the Company's sickness pay or other similar scheme for
         the time being in force. The Executive shall not be entitled to any
         remuneration in respect of any further or additional period of absence
         during any such consecutive period as aforesaid. The Company will
         however provide Permanent Health cover which will entitle the Executive
         to claim from the insurance company after a period of 26 weeks
         continuous sickness.

3.  (a)  The Company is a member of a health benefits scheme with BUPA (details
         of which scheme have been supplied to the Executive) and the Company
         has commenced to pay and will continue to pay such contributions as
         are appropriate to enable the Executive his wife and children up to
         age 21 years to be and continue to be during the continuance of this
         Agreement a member of such scheme

    (b)  The Executive shall be entitled during the continuance of his
         employment to be a member of the Retirement Benefit Scheme in which
         the Company is or becomes a party and if he becomes a member of such
         scheme he shall be liable to make such contributions but shall be
         entitled to such benefits and be subject to such conditions as are set
         out in the rules of the Scheme and any lawful amendment thereto from
         time to time and at the appropriate time the Company shall hand to the
         Executive a copy of such rules and amendments.

    (c)  Upon becoming a member of the Company's Retirement Benefit Scheme the
         Executive will be covered, at the Company's expense, for life cover of
         three times his annual pensionable salary.

4.  You will be eligible to receive a bonus under the Mayflower Group Executive
    Scheme the rules and details of which will be provided to you.

    The company reserves the right to review and amend the rules and performance
    criteria at the beginning of each financial year.

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5.       Subject to the Transfer of Undertakings (Protections of Employment)
         Regulations 1981, if the Executive shall have been offered but shall
         unreasonably have refused to agree to the transfer of his employment
         hereunder to a company which has acquired or agreed to acquire the
         whole or substantially the whole of the undertaking and assets of or of
         the equity share capital of the Company the Executive shall have no
         claim against the Company in respect of the termination of his
         employment hereunder by reason of the subsequent voluntary winding up
         of the Company or of the disclaimer of this Agreement by the Company
         within one month after such acquisition.

6.       The following obligations shall be performed and observed by the
         Executive:-

         (a)      The Executive shall undertake such duties and exercise such
                  powers in relation to the Company and its business or
                  businesses from time to time as the Board of Directors ("the
                  Board") of the Company from time to time directs.

         (b)      In discharge of such duties and in the exercise of such powers
                  the Executive shall observe and comply with all resolutions
                  regulations and directives from time to time made or given by
                  the Board.

         (c)      The Executive shall during the continuance of this Agreement
                  devote the whole of his energies and his time and attention
                  during normal business hours to the business and shall use his
                  best endeavours to develop and extend the business and shall
                  in all matters act loyally and faithfully to the Company and
                  shall not (except as the owner of shares or securities of a
                  public company quoted on the Stock Exchange) engage or be
                  interested or concerned either directly or indirectly in any
                  such other competing business or trade.

         (d)      The Executive shall conform to such hours of work as are from
                  time to time reasonably required of him and not be entitled to
                  receive any additional remuneration for work performed outside
                  his normal hours.

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         (e)      (i)      The Executive agrees from time to time to perform
                           such services for any subsidiary or holding company
                           of the Company and any other subsidiary company of
                           any holding company of the Company (hereinafter and
                           for the purposes of this Agreement called "Associated
                           Companies") as the Board may from time to time
                           require as part of and in pursuance of his duties and
                           without further remuneration unless otherwise agreed.
                           For this purpose and for the purposes of this
                           Agreement the expressions "subsidiary" and "holding
                           company" shall have the meanings ascribed to the same
                           by Section 736 of the Companies Act 1985.

                  (ii)     Without prejudice to the generality of the foregoing
                           the Executive may by specific agreement be employed
                           by one or more associated companies or render
                           services to such associated companies either
                           additionally or alternatively to his employment by
                           the Company. If such be the case this Agreement shall
                           apply (mutatis mutandis) to such employment by and to
                           the rendering of services to such associated
                           companies. In any such case but subject to any
                           specific terms agreed at the time in relation
                           thereto, the expressions "the Company" and "the
                           business" and any other relevant expressions used
                           herein shall where the context so admits be construed
                           and applied accordingly in respect of such associated
                           companies as well as or in lieu of the Company as
                           appropriate.

         (f)      The Executive shall perform his duties hereunder in such place
                  or places in the United Kingdom as the Board from time to time
                  directs.

         (g)      The Executive shall not except as authorised or required by
                  his duties to reveal to any person any of the trade secrets or
                  confidential processes dealings or information concerning the
                  organisation business finances customers or affairs of the
                  Company or any of its associated companies which

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                  shall come to his knowledge during his employment and shall
                  keep with complete secrecy all information of a confidential
                  nature entrusted to him and shall not use or attempt to use
                  any such information in any manner except within and pursuant
                  to the performance of his duties hereunder and will use his
                  best endeavours to prevent disclosure thereof so that this
                  restriction shall continue to apply as well after the
                  termination of this agreement as before without limit in point
                  of time but shall cease to apply to information or knowledge
                  which comes within public domain other than by reason of any
                  act default or omission of or by the Executive or any
                  permission or authorisation given by him.

         (h)      All records and papers kept or made by the Executive relating
                  to the business or otherwise relating to the businesses of the
                  Company or any of its associated companies shall be and remain
                  the property of the Company (or the relevant associated
                  company as the case may be) and shall be surrendered by the
                  Executive on termination of his employment hereunder or as
                  otherwise required by the Company to a person or persons duly
                  authorised by the Company in this respect.

                  (i)      The Executive shall promptly disclose and communicate
                           to the Company full details of and all matters
                           relating whether directly or indirectly to any
                           inventions discoveries innovations or developments of
                           whatsoever nature made or conceived by him during the
                           course of his employment by the Company and so far as
                           statute or the general law allows the same whether
                           capable of protection or not and all rights therein
                           or arising therefrom including any such rights
                           arising after the Executive's employment with the
                           Company has terminated shall without payment or other
                           consideration be the property of the Company
                           absolutely. The Executive shall sign and execute all
                           such

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                           documents and at the request of the Company take all
                           steps as may be required to give and vest in the
                           Company the full and exclusive benefit of such
                           inventions discoveries innovations and developments
                           providing always that the decision as to whether
                           patent or similar or other protection should be
                           applied for in respect of the same or whether the
                           same shall be exploited shall be in the sole
                           discretion of the Company.

7.       The Company shall have the right to terminate this Agreement without
         liability for compensation or damages upon the happening of any of the
         following events:-

         (a)      By 3 months written notice if the Executive is unable or
                  prevented through incapacity (within the meaning of Clause
                  2(e))or any other cause for any period or periods exceeding
                  twenty six weeks (consecutive or in the aggregate) in any
                  consecutive period of twelve months from carrying out his
                  duties hereunder or

         (b)      Forthwith if the Executive commits any serious breach or
                  (after prior warning in writing of likely dismissal for
                  repetition or continuation thereof) repeated or inconsistent
                  breaches of any of the provisions hereof or

         (c)      Forthwith if the Executive is guilty of any grave misconduct
                  or wilful neglect in the discharge of his duties hereunder or

         (d)      Forthwith if the Executive becomes bankrupt or makes any
                  agreement or composition with his creditors or

         (e)      Forthwith if the Executive becomes of unsound mind or if
                  whilst he is a patient within the meaning of the Mental Health
                  Act 1959 an order is made in respect of his property under
                  Section 102 of that Act or any statutory modification or
                  re-enactment thereof or

         (f)      Forthwith if the Executive is convicted of any criminal
                  offence other than an offence which (in the case of a driving
                  offence) does not and (in any other case) in the reasonable
                  opinion of the Board does not affect his position as

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                  an executive of the Company.

         (g)      If the Executive commits or is a party to any act or omission
                  or series of acts or omissions dismissal on the grounds or by
                  reason of which would not constitute unfair dismissal within
                  the meaning of the Employment Protection (Consolidation) Act
                  1978 assuming for this purpose (but not further or otherwise)
                  that the provisions of such Act apply in relation thereto and
                  so that in any such case the period of notice of termination
                  given shall be such as would be appropriate given such
                  assumption.

8.       It is further agreed that the Executive's employment hereunder may be
         terminated at any time by either of the parties giving to the other not
         less than 12 months notice in writing of intention so to terminate it.

9.       Upon the termination of his employment hereunder for any cause or by
         any means whatsoever:

         (a)      The Executive shall not for a period of 12 months from the
                  date of termination of this Agreement directly or indirectly
                  whether as principal servant or agent canvass or solicit or
                  accept the custom of any person firm or corporation whose name
                  during the period of 12 months immediately preceding the
                  termination of this Agreement shall have appeared in the books
                  of the Company or of any company within the Group by which he
                  shall have been employed as client customer agent or
                  correspondent thereof and who shall have dealt or transacted
                  business of a material nature with the Executive during the
                  said period of 12 months.

         (b)      The Executive shall not for a period of 6 months from the date
                  of termination of this Agreement undertake or be engaged
                  whether directly or indirectly in any business competitive
                  with the Company or any company within the Group by which he
                  shall have been employed.

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         (c)      The Executive shall not for a period of 6 months from the date
                  of termination of this Agreement in the United Kingdom without
                  the consent in writing of the Board carry on or be engaged in
                  or act as adviser or consultant to any business in which
                  confidential information of any company within the Group
                  possessed by the Executive at termination would be of material
                  use if disclosed by the Executive for the purpose of that
                  business which in any event the Executive is not in any
                  circumstance permitted to disclose nor shall the Executive in
                  the United Kingdom be employed or act as agent for the
                  purposes of any such business. If during such period the
                  Executive should carry on or be engaged in or employed for the
                  purposes of any business trade profession or occupation the
                  Executive will notify the Company forthwith of the
                  circumstances identifying any employer by name and address.

         (d)      The Executive shall not at any time during the period of 12
                  months after the termination of his employment hereunder
                  howsoever arising procure or induce or endeavour to procure or
                  induce (either solely or jointly with any other person firm or
                  company) any employee of any company within the Group to leave
                  such employment.

                  The parties agree that the covenants set out in this clause
                  are separate and severable and enforceable accordingly and
                  whilst the restrictions are considered by the parties to be
                  reasonable in all the circumstances as at the date hereof it
                  is acknowledged that restrictions of such a nature may be
                  invalid because of changing circumstances or other unforeseen
                  reasons and accordingly if any of the restrictions shall be
                  adjudged to be void or ineffective for whatever reason but
                  would be adjudged to be valid and effective if part of the
                  wording thereof were deleted or the periods thereof reduced or
                  the area thereof reduced in scope they shall apply with such
                  modifications as may be necessary to make them valid and
                  effective.

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<PAGE>
10.      Upon the termination of this Agreement howsoever arising the Appointee
         shall at any time or from time to time thereafter upon the request of
         the company resign from office as a director of the company and such
         offices held by him in any of the Group companies as may be so
         requested and should be fail to do so the company is hereby irrevocably
         authorised to appoint some person in his name and on his behalf to sign
         and do any documents or things necessary or requisite to effect such
         resignation or resignations.

11.      The expiration or termination of the Executive's employment under this
         Agreement howsoever arising shall not affect such of the provisions of
         this Agreement as are expressed to operate or have effect thereafter
         and shall be without prejudice to any right of action already accrued
         to either party in respect of any breach of this Agreement by the other
         party.

12.      If the Executive has any grievance relating to his employment or if he
         is dissatisfied with any disciplinary decision he shall first raise it
         orally or in writing with the Managing Director of Motor Panels
         (Coventry) plc from time to time who at his discretion may take such
         steps as he thinks fit with a view to settling the grievance.

13.      Any notice to be given hereunder may be served by being left at or
         sent by first class post to the registered office for the time
         being of the Company or (as the case may be) to the Executive at his
         address herein before mentioned or at his last known place of abode
         and any notice given by post shall be deemed to have been served at the
         expiration of 48 hours after it is posted.

14.      The failure of the Company at any time to require or enforce the
         performance by the Executive of any of the stipulations or obligations
         on his part herein contained shall in no way affect the right of the
         Company to enforce the same thereafter.

15.      The particulars required to be set out in accordance with the
         provisions of the Employment Protection (Consolidation) Act 1978 as
         they relate to this employment are as contained or referred to in the
         First Schedule.

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<PAGE>
16.      This Agreement supersedes any previous agreement between the parties
         hereto or any of them in relation to the matters dealt with herein and
         represents the entire understanding between the parties in relation
         thereto.

17.      All references in this Agreement to any enactment shall unless the
         context otherwise manifestly admits or requires be deemed to include
         references to any statutory amendments or re-enactments thereof.

                                       11

<PAGE>
AS WITNESS the hands of the parties hereto the day and year first before written

                     THE FIRST SCHEDULE before referred to
                     -------------------------------------

The following are the particulars of the terms of employment between the Company
and the Executive as applicable as at the date of this Agreement in accordance
with the provisions of the Employment Protection (Consolidation) Act 1978.

1.       Date of Commencement
         of Employment                     1 February 1993

2.       Date of Commencement
         of Continuous Employment          1 February 1993

3.       Remuneration                      As provided in Clause 2(a)
                                           of this Agreement

4.       Hours of Work                     9am-1pm and 2pm-5pm on
                                           each day of the week except Saturdays
                                           and Sundays

5.       Holidays and Holiday Pay          As provided in Clause 2(d)
                                           of this Agreement

6.       Sickness or Injury                As provided in Clause 2(e)
                                           of this Agreement

7.       Pension Provision                 As provided in Clause 3(b) of
                                           this Agreement

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<PAGE>
8.       Notice                     As provided in Clauses 7 and 8 of this
                                    Agreement according to the provisions
                                    therein mentioned

9.       Job Title                  As specified in Clause 1 hereof

10.      Grievance Procedure        As provided in Clause 12 and Disciplinary
                                    Rules hereof

         SIGNED BY:                                )
         on behalf of Motor Panels (Coventry) plc  )  [ILLEGIBLE]
         in the presence of [ILLEGIBLE]            )

         SIGNED BY the said William Gordon Boyd    )  /s/ William Gordon Boyd
         in the presence of [ILLEGIBLE]            )

                                       13
<PAGE>
                                               [MAYFLOWER CORPORATION LOGO]

                                               The Mayflower Corporation plc

                                               Mayflower House, London Road,
                                               Loudwater, High Wycombe,
                                               Buckinghamshire HP10 9RF
                                               Telephone: +44 (0) 1494 450145
                                               Fax: +44 (0) 1494 450607
                                               E-mail: gen@mayf.co.uk

7 January 2002

Gordon Boyd Esq
1 Broadwells Crescent
Westwood Heath
Coventry CV4 8JD

Dear Gordon

Further to our recent discussions I am delighted that you have agreed to accept
the position of President and Chief Executive Officer of Mayflower Vehicle
Systems Inc with immediate effect. As explained it will be necessary for you to
take up residency in the US but this will be reviewed later in the year in line
with our proposed strategy to move the MVS management structure towards a global
board.

Your existing contract of employment will remain in force but certain amendments
are necessary in order to facilitate your move to the US.

Your salary will increase from 1 January 2002 to $392,000 per annum but will
continue to be paid from the UK. I appreciate that part of your salary will need
to be paid into a UK bank account and the balance to an account in the US. In
order to negate any currency fluctuations I suggest the company applies the
dollar exchange rate as at 1 January 2002 but then monitors the exchange rate
for a six month period (30 June 2002 and 31 December 2002) and makes any
necessary adjustments in July and January.

A notional salary of (POUND)250,000 per annum will be used for pension purposes
and this notional salary will be reviewed on 1 January of each year until your
return to the UK.

We are currently discussing with Bacon and Woodrow, our pension advisers, the
position with regard to augmenting your Mayflower pension. As soon as the detail
of this is available I would suggest I make arrangements for you to meet with
Paul Macro of Bacon and Woodrow to discuss.

<PAGE>
The company will arrange for US medical cover for you and your wife and will
also continue your membership with our existing UK medical insurance provider.

You and your wife will be entitled to six return flights to the UK per annum,
for social and domestic purposes, at Business Class rate.

The company will reimburse you for the cost of joining a County Club of your
choice.

I acknowledge that until a formal MVS management structure has been agreed and
implemented you do not want to make any decisions with regard to your UK
properties. The company will, therefore, agree to pay all reasonable out of
pocket expenses such as house and garden maintenance, additional security and
insurance costs. All expenses related to this should be submitted to myself for
authorisation.

The company will reimburse you for the costs associated with renting an
apartment or house in the US and for other out of pocket expenses such as the
buying of new household equipment. Once you have located a property please
submit the details to myself for authorisation. Ned Rose, our US lawyer, will,
at the company's expense, advise you on any lease you are asked to enter into.

I suggest we discuss separately the terms of any relocation package should you
at a later date and following the agreement of the Board, decide to sell your
UK properties and relocate to the US.

It is recognised that your personal tax situation may become complicated by your
employment in the US and the company agrees to settle all reasonable expenses in
relation to double taxation issues or to fund such payments until you are
reimbursed by the appropriate authority.

I trust this sets out the terms and conditions we have already discussed but if
you do require clarification or there is a particular area I have overlooked,
please do not hesitate to contact me.

Finally I look forward to continuing to work with you during what I see to be an
exciting and challenging period for MVS.

Yours sincerely

/s/ TERRY WHITMORE

TERRY WHITMORE

<PAGE>
NORTH AMERICAN HEADQUARTERS                  (MAYFLOWER VEHICLE SYSTEMS LOGO)

                                             MAYFLOWER VEHICLE SYSTEMS, INC.

                                             37900 Interchange Drive
                                             Farmington Hills, MI 48335
                                             Tel: (248) 473-7500
                                             Fax: (248) 473-7887

27 January 2004

Gordon Boyd Esq
25362 Constitution
Novi
Michigan 48375
USA

Dear Gordon

RE: LOYALTY BONUS PROGRAM
    ---------------------

Dear Gordon

I am pleased to inform you that The Mayflower Corporation plc ("Mayflower") and
Mayflower Vehicles Systems, Inc. ("MVS") have selected you for participation in
the Loyalty Bonus Program to implemented in connection with Mayflower's disposal
of MVS. Your bonus award under the Program has been set at Two hundred and fifty
thousand pounds sterling ((POUND)250,000).

Please note that we cannot finalise the specific terms and conditions of the
Loyalty Bonus Program until an acquiring company for MVS has been chosen, and
until we have had an opportunity to discuss employment requirements with the
acquiring company. Your bonus award will, of course, be subject to the specific
terms and conditions of the Loyalty Bonus Program, which will be communicated to
you promptly after the Program has been finalized. The Loyalty Bonus Program
will automatically terminate should the successful disposal of MVS not take
place during the financial year ending 31 December 2004. As with other
compensation, bonuses paid under the Loyalty Bonus Program will be subject to
taxes and other applicable payroll withholding.

Your sincerely

/s/ JOHN J FLEMING

JOHN J FLEMING

                                                 A Mayflower Corporation company<PAGE>

                                                                   EXHIBIT 10.30

                      ASSIGNMENT AND ASSUMPTION AGREEMENT

         This ASSIGNMENT AND ASSUMPTION AGREEMENT dated as of June 1, 2004 by
and between MAYFLOWER VEHICLE SYSTEMS PLC (IN ADMINISTRATION), formerly MOTOR
PANELS (COVENTRY) PLC, a United Kingdom corporation whose registered office is
Hill House, 1 Little New Street, London, EC4A 4TR, England, ("Assignor") and
MAYFLOWER VEHICLE SYSTEMS, INC., a Delaware corporation whose principal offices
are located at 37900 Interchange Drive Farmington Hills, Michigan 48223
("Assignee").

Recitals:

         1.       Reference is made to the following documents attached to and
                  made a part of this Agreement hereinafter referred to
                  collectively as the "Boyd Employment Contract".

                  (i)      Service Contract dated March 1, 1993 between Assignor
                           and Mr. William Gordon Boyd ("Mr. Boyd");

                  (ii)     Letter dated January 7, 2002 from Assignor's ultimate
                           parent company, The Mayflower Corporation plc to Mr.
                           Boyd stating the terms on which Mr. Boyd would take
                           up residency in the United States and accept the
                           position of Assignee's President and Chief Executive
                           Officer;

                  (iii)    Letter dated January 27, 2004 from Assignee to Mr.
                           Boyd describing Mr. Boyd's participation in
                           Assignee's Loyalty Bonus Program.

         2.       Mr. Gordon Boyd was assigned in 2002 to direct the operations
                  of Assignee in the United States after having been employed
                  since 1993 by Assignor in the United Kingdom.

         3.       Mr. Boyd is currently employed on a fulltime basis as the
                  President and Chief Executive Officer of Assignee, with
                  responsibility for the overall management and direction of the
                  operations of Assignee and its subsidiaries;

         4.       It is the desire and intention of the parties that Mr. Boyd
                  continue to serve as Assignee's President and Chief Executive
                  Officer as Assignee's employee under the terms and conditions
                  of the Boyd Employment Contract in effect and application on
                  the date of this assignment, inclusive of any of Assignee's
                  policies with regard to the employment and remuneration of its
                  senior officers to which Mr. Boyd may have become subject
                  since his assumption of his role as chief executive officer of
                  Assignee.

         5.       Nicholas James Dargan, Andrew Philip Perters and William
                  Kenneth Dawson ("the Administrators") were appointed Joint

<PAGE>

         Administrators of the Assignor by the High Court in London on 31 March
         2004.

NOW THEREFORE, the parties agree as follows:

         Assignor hereby assigns to Assignee, effective immediately, all of
Assignor's rights, obligations and interest under the Boyd Employment Contract,
taking into account the job description, salary and other remuneration in effect
as of the effective date of this assignment, and Assignee hereby accepts such
assignment, as described above and agrees to assume and become subject to any
and all obligations, liabilities, and conditions of Assignor under the Boyd
Employment Contract. Such assignment and assumption shall relieve Assignor of
direct liability for the due performance of all of Assignor's obligations under
the Boyd Employment Agreement in effect as of the date of this assignment.

         This Agreement represents the entire agreement between the parties with
regard to the Boyd Employment Contract and may only be modified by written
instrument duly executed by both of the parties.

         It is agreed that the Administrators act at all times as agents of the
Assignor and without personal liability under this Agreement or otherwise.

         IN WITNESS WHEREOF, the parties have caused this ASSIGNMENT AND
ASSUMPTION AGREEMENT to be executed by their respective duly authorized
representatives.

                                             MAYFLOWER VEHICLE SYSTEMS plc
                                             (In Administration).

                                             by /s/ NICHOLAS DARGAN
                                                --------------------------------
                                                Nicholas Dargan
                                                Administrator without personal
                                                liability

                                             MAYFLOWER VEHICLE SYSTEMS, INC.

                                             by /s/ VINCENT SPIRKO
                                                --------------------------------
                                                Vincent Spirko
                                                Vice-President

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