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                                                                    EXHIBIT 10.5

                             GENESEE & WYOMING INC.
                           2004 OMNIBUS INCENTIVE PLAN

                                  AWARD NOTICE

           GRANTEE:                     ________________________________

           TYPE OF AWARD:                Restricted Stock Unit Award

           NUMBER OF SHARES:                         --
                                        ________________________________

           DATE OF GRANT:               ________________________________

           SHARE ISSUANCE DATE:         ________________________________

           DEFERRAL AVAILABLE:            Yes (see Section 4 below)

      1. Grant of RSU. This Award Notice serves to notify you that the
Compensation Committee (the "Committee") of the Board of Directors of Genesee &
Wyoming Inc. ("G&W") hereby grants to you, under G&W's 2004 Omnibus Incentive
Plan (the "Plan"), a restricted stock unit award (the "RSU"), on the terms and
conditions set forth in this Award Notice and the Plan, representing the right
to receive up to the number of shares of G&W's Class A Common Stock, par value
$.01 per share (the "Common Stock") set forth above. The Plan is incorporated
herein by reference and made a part of this Award Notice. A copy of the Plan is
available on G&W's Intranet or from G&W's Human Resources Department upon
request. You should review the terms of this Award Notice and the Plan
carefully. The capitalized terms used in this Award Notice are defined in the
Plan.

      2. Vesting. Subject to the terms set forth in this Award Notice and the
Plan, provided you are still in the service of G&W or any Subsidiary at that
time, the RSU will vest as follows: pro rata with respect to one half of the
shares subject to such RSU on the date of each of the next two annual meetings
of stockholders, with any fractional share resulting from such proration vesting
on the last vesting date. No shares of Common Stock shall be issued to you upon
vesting; vested shares of Common Stock will be issued pursuant to Section 3 of
this Award Notice. In the event of your death or the termination of your service
to G&W or any Subsidiary prior to complete vesting of the RSU, the unvested
portion of the RSU shall be forfeited as of the date of your death or such
termination.

      3. Issuance of Shares. Subject to Section 9 of this Award Notice, and
except as otherwise provided by Section 4 of this Award Notice, G&W shall issue
a certificate representing one share of Common Stock for each vested RSU on the
earliest practicable date (as determined by G&W) following the Share Issuance
Date set forth above. The shares of Common Stock may be issued during your
lifetime only to you, or after your death to your designated beneficiary, or, in
the absence of such beneficiary, to your duly qualified personal representative.

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      4. Deferral. Pursuant to the Restricted Stock Unit Award Deferral
Procedures adopted by the Committee pursuant to its authority under the Plan
(the "Procedures"), you make elect to defer receipt of the shares of Common
Stock by making a deferral election in accordance with and subject to the terms
of the Procedures. Such an election must be made within the time period
permitted by the Procedures and on the form(s) provided by G&W. If you desire to
make such an election, you may obtain a copy of the Procedures and the necessary
forms from G&W's Intranet or from G&W's Human Resources Department upon request.

      5. Effect of Change In Control.

            (a) Upon the occurrence of a "Change In Control" of G&W, the
unvested portion of the RSU shall immediately vest as of the date of the
occurrence of such event and the Share Issuance Sate shall become the date of
the occurrence of such event.

            (b) The term "Change In Control" means a change in control of G&W of
a nature that would be required to be reported (assuming such event has not been
"previously reported") in response to Item 1(a) of a Current Report on Form 8-K,
as in effect on December 31, 1996, pursuant to Section 13 or 15(d) of the
Exchange Act; provided that, without limitation, a Change In Control shall be
deemed to have occurred at such time as:

            (i) any "person" within the meaning of Section 14(d) of the Exchange
      Act, other than a Permitted Holder becomes the "beneficial owner," as
      defined in Rule 13d-3 under the Exchange Act, directly or indirectly, of
      25 percent or more of the combined voting power of the outstanding
      securities of G&W ordinarily having the right to vote in the election of
      directors; provided, however, that the following will not constitute a
      Change In Control: any acquisition by any corporation if, immediately
      following such acquisition, more than 75 percent of the outstanding
      securities of the acquiring corporation (or the parent thereof) ordinarily
      having the right to vote in the election of directors is beneficially
      owned by all or substantially all of those persons who, immediately prior
      to such acquisition, were the beneficial owners of the outstanding
      securities of G&W ordinarily having the right to vote in the election of
      directors;

            (ii) individuals who constitute the Board on May 12, 2004 (the
      "Incumbent Board") have ceased for any reason to constitute at least a
      majority thereof, provided that any person becoming a director subsequent
      to May 12, 2004 whose election, or nomination for election by G&W's
      stockholders, was approved by a vote of at least three-quarters (3/4) of
      the directors comprising the Incumbent Board, either by a specific vote or
      by approval of the proxy statement of G&W in which such person is named as
      a nominee for director without objection to such nomination (other than an
      election or nomination of an individual whose initial assumption of office
      is in connection with an actual or threatened "election contest" relating
      to the election of directors of G&W, as such terms are used in Rule 14a-11
      under the Exchange Act, or "tender offer," as such term is used in Section
      14(d) of the Exchange Act), shall be, for purposes of the Plan, considered
      as though such person were a member of the Incumbent Board;

            (iii) upon the consummation by G&W of a reorganization, merger or
      consolidation, other than one with respect to which all or substantially
      all of those

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      persons who were the beneficial owners, immediately prior to such
      reorganization, merger or consolidation, of outstanding securities of G&W
      ordinarily having the right to vote in the election of directors own,
      immediately after such transaction, more than 75 percent of the
      outstanding securities of the resulting corporation ordinarily having the
      right to vote in the election of directors; or

            (iv) upon the approval by G&W's stockholders of a complete
      liquidation and dissolution of G&W or the sale or other disposition of all
      or substantially all of the assets of G&W other than to a Subsidiary.

            (c) The term "Permitted Holder" means: (i) G&W or a Subsidiary, (ii)
any employee benefit plan sponsored by G&W or any Subsidiary, or (iii) Mortimer
B. Fuller III ("MBF"), or his spouse, siblings, children or grandchildren
("Family Members") or a trust, corporation, partnership or LLC, so long as all
of the beneficial interests of which are held exclusively by MBF and/or one or
more Family Members, where such person(s) or entity acquired their G&W stock
from MFB.

      6. Nonassignability. The RSU and the shares of Common Stock issuable
thereunder, may not, except as otherwise provided in the Plan, be sold,
assigned, transferred, pledged or encumbered in any way prior to the vesting of
such RSU and the issuance of such shares thereunder, whether by operation of law
or otherwise, except by will or the laws of descent and distribution. After the
vesting of the RSU and the issuance of the shares of Common Stock thereunder,
the sale or other transfer of the shares of Common Stock issued under the RSU
shall be subject to applicable laws and regulations under the Securities
Exchange Act of 1934.

      7. Limitation of Rights. You will not have any rights as a stockholder
with respect to the shares of Common Stock covered by the RSU until you become
the holder of record of such shares upon the issuance by G&W of such shares of
Common Stock to you. Neither the Plan, the granting of the RSU nor this Award
Notice gives you any right to remain in the service of G&W or any Subsidiary.

      8. Rights of G&W and Subsidiaries. This Award Notice does not affect the
right of G&W or any Subsidiary to take any corporate action whatsoever,
including without limitation its right to recapitalize, reorganize or make other
changes in its capital structure or business, merge or consolidate, issue bonds,
notes, shares of Common Stock or other securities, including preferred stock, or
options therefor, dissolve or liquidate, or sell or transfer any part of its
assets or business.

      9. Restrictions on Issuance of Shares. If at any time G&W determines that
the listing, registration or qualification of the shares of Common Stock
issuable under the RSU upon any securities exchange or under any state or
federal law, or the approval of any governmental agency, is necessary or
advisable as a condition to the issuance of a certificate representing any
shares of Common Stock issuable under the RSU pursuant to this Award Notice,
such issuance may not be made in whole or in part unless and until such listing,
registration, qualification or approval shall have been effected or obtained
free of any conditions not acceptable to G&W.

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      10. Plan Controls. The RSU is subject to all of the provisions of the
Plan, which is hereby incorporated by reference, and is further subject to all
the interpretations, amendments, rules and regulations that may from time to
time be promulgated and adopted by the Committee pursuant to the Plan. In the
event of any conflict among the provisions of the Plan and this Award Notice,
the provisions of the Plan will be controlling and determinative.

      11. Amendment. Except as otherwise provided by the Plan, G&W may only
alter, amend or terminate the RSU with your consent.

      12. Governing Law. This Award Notice shall be governed by and construed in
accordance with the laws of the State of New York, except as superseded by
applicable federal law, without giving effect to its conflicts of law
provisions.

      13. Notices. All notices and other communications to G&W required or
permitted under this Award Notice shall be written, and shall be either
delivered personally or sent by registered or certified first-class mail,
postage prepaid and return receipt requested, or by telex or telecopier,
addressed to G&W's office at 1200-C Scottsville Road, Suite 200, Rochester, New
York 14624, Attention: Senior Vice President - Human Resources. Each such notice
and other communication delivered personally shall be deemed to have been given
when delivered. Each such notice and other communication delivered by mail shall
be deemed to have been given when it is deposited in the United States mail in
the manner specified herein, and each such notice and other communication
delivered by telex or telecopier shall be deemed to have been given when it is
so transmitted and the appropriate answerback is received.

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ACKNOWLEDGEMENT

      The undersigned acknowledges receipt of, and understands and agrees to be
bound by, this Award Notice and the Plan, and, if applicable, the Procedures.
The undersigned further acknowledges that this Award Notice and the Plan, and,
if applicable, the Procedures, set forth the entire understanding between him or
her and G&W regarding the restricted stock unit award granted by this Award
Notice and that this Award Notice and the Plan, and, if applicable, the
Procedures, supercede all prior oral and written agreements on that subject.

Dated: _________________________

                                      __________________________________________
                                      Name

                                      Genesee & Wyoming Inc. By:
                                      __________________________________________
                                                   Shayne L. Magdoff
                                      Sr. VP of Administration & Human Resources

                                        5<PAGE>

                                                                 Exhibit 10-D(2)

                             SECOND AMENDMENT TO THE
                   DANA CORPORATION DIRECTOR DEFERRED FEE PLAN

Pursuant to resolutions of the Board of Directors adopted on July 22, 2003, and
April 20, 2004, the Dana Corporation Director Deferred Fee Plan (the "Plan") is
amended as follows.

1.       The first three paragraphs of Section 4.1 of the Plan are deleted in
         their entirety and the following four paragraphs are inserted in their
         place:

                  4.1. FORM OF DISTRIBUTION. At any time on or before the date
         which is twelve months prior to the first distribution scheduled
         pursuant to this Section 4.1, a Director with an Account or Accounts
         under the Plan may establish a distribution schedule pursuant to
         election procedures prescribed by the Committee, specifying (a) that
         distributions be made to the Director out of his Account(s) in a
         specified number of annual installments (not exceeding ten), with the
         first distribution to be made either (i) in the month following
         retirement, termination of services, or the effective date of any
         post-retirement election to convert Units pursuant to Section 3.2, or
         (ii) in January of the first, second, or third year following
         retirement or termination of services (all subsequent distributions
         shall be made in January); and (b) the proportion that each such
         installment shall bear to the dollar amount or Units credited to his
         Accounts at the time of distribution of such installment, subject to
         adjustment to the next higher whole Unit in the case of distributions
         from the Stock Account.

                  In the event of the death of a Director either before or after
         retirement or termination of services, the amount then credited to his
         Accounts shall be paid in cash in such manner as the Committee may
         determine, regardless of the manner in which such payments would have
         been made to the Director had he lived.

                  Except as otherwise provided in this Plan, each distribution
         in respect of a Director's Accounts shall be made (in whole or in part)
         in shares of the Corporation's Stock, in cash, or in a combination of
         shares of Stock and cash, at the election of the Director. Subject to
         the last sentence of this paragraph, to the extent that a distribution
         is to be made in Stock, the number of shares of Stock to be distributed
         in respect of the Director's Interest Equivalent Account shall equal
         the maximum number of whole shares of Stock which could have been
         purchased with any accrued dollar amount in his Interest Equivalent
         Account then being distributed, assuming a purchase price per share of
         Stock equal to the average of the last reported daily sales prices for
         shares of such Stock on the New York Stock Exchange-Composite
         Transactions on each trading day during the calendar month preceding
         the month of making such payment. Any stock distribution in respect of
         Units from a Director's Stock Account shall be made on the basis of one
         share of Stock for each Unit being distributed. Any dollar balance in a
         Director's Stock Account at the time of each distribution shall be
         carried forward until the final distribution.

                  In the event that a Director has not filed a distribution
         election as of the time of his retirement or termination of services or
         the Committee determines in its discretion that the Director's election
         is invalid for any reason, distribution of the dollar amounts and/or
         Units credited to his Accounts shall be made in an immediate cash lump
         sum to the Director.

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2.       In Schedule 1 of the Plan, Section 3.1 is amended to read in its
         entirety as follows:

                  3.1. DEFERRALS AND UNITS CREDITING. Each Director may elect to
         have any portion (or all) of his Fees as a Director deferred by filing
         a written election with the Corporation prior to January 1 of each Year
         for which deferrals are to be made. Any such deferred Fees shall be
         credited to the Director's Stock Account. In addition, in respect of
         services performed by the Director, on each Grant Date commencing in
         2004, each Director shall have his Stock Account credited with a number
         of Units equivalent to the number of whole shares of Stock which could
         have been purchased for the dollar amount of US $75,000, assuming a
         purchase price equal to the average of the high and low trading prices
         of the Stock on the Grant Date as reported in the New York Stock
         Exchange-Composite Transactions.

3.       In Schedule 1 of the Plan, the last paragraph of Section 3.2 is amended
         to read in its entirety as follows:

                  Following a Director's death, retirement from the Board or
         Termination of Service, amounts credited to his Account will be
         distributed in accordance with Section 4.

4.       In Schedule 1 of the Plan, the first paragraph of Section 4.1 is
         deleted in its entirety and the following two paragraphs are inserted
         in its place:

                  4.1. FORM OF DISTRIBUTION. All distributions shall be made
         during the period that commences on the date of the Director's death,
         retirement or Termination of Service and ends no later than the end of
         the first calendar year commencing thereafter.

                  At any time on or before the date which is twelve months prior
         to the first distribution scheduled pursuant to this Section 4.1, a
         Director with an Account under the Plan may establish a distribution
         schedule pursuant to election procedures prescribed by the Committee,
         specifying (a) that the distributions be made to the Director out of
         his Account in a specified number of installments, with the first
         distribution to be made either (i) in the month following retirement or
         Termination of Service or (ii) in January of the first year following
         retirement or Termination of Service, and (b) the proportion that each
         such installment shall bear to the dollar amount or Units credited to
         his Account at the time of distribution of such installment.

5.       In Schedule 1 of the Plan, the last paragraph of Section 4.1 is amended
         to read in its entirety as follows:

                  Subject to the first paragraph of Section 4.1 of this Schedule
         1 and notwithstanding any other provision in this Section 4 or
         elsewhere in this Schedule 1 or the Plan, (a) in the event of a Change
         in Control of the Corporation, there shall promptly be paid to each
         Director with an Account under the Plan who has had a retirement or
         Termination of Service prior to or as a consequence of the Change in
         Control, a lump sum cash amount equal to the fair market value of one
         share of Stock for each Unit credited to his Account, as determined at
         the date of the Change in Control of the Corporation, and (b) the fair
         market value of one share of Stock as of the date of the Change of
         Control of the Corporation shall be the higher of: (i) the average of
         the

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         reported closing prices of the Corporation's Stock, as reported on
         the New York Stock Exchange-Composite Transactions, for the last
         trading day prior to the Change in Control of the Corporation and for
         the last trading day of each of the two preceding thirty-day periods,
         and ii) an amount equal to the highest per share consideration paid for
         the Stock of the Corporation acquired in the transaction constituting
         the Change in Control of the Corporation. For purposes of this
         paragraph, a "Change in Control of the Corporation" shall have the
         meaning set out in Section 4.2 of the Plan to which this Schedule 1 is
         attached.

6.       In Schedule 1 of the Plan, Section 9 is amended to read in its entirety
         as follows:

                  SECTION 9. EFFECTIVE DATE AND TERM. The Plan, as amended,
         shall become effective on April 2, 2003, and shall have a ten-year term
         commencing on such effective date and expiring on April 1, 2013. This
         Schedule 1 will apply to any Units credited before or after such
         effective date to the Account of a Director resident in Canada.

In witness whereof, this Second Amendment is signed on behalf of the
Corporation.

                              DANA CORPORATION

                              By:      /s/ R. B. Priory
                                       ----------------
                                       R. B. Priory
                                       Chairman of the Compensation Committee
                                       of the Board of Directors

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