Document:

Certificate of Designations

 Exhibit 4.7 

CERTIFICATE OF DESIGNATIONS, PREFERENCES, 

AND RELATIVE, PARTICIPATING, OPTIONAL AND 

OTHER SPECIAL RIGHTS 

OF 

9 
1/2% CLASS A CONVERTIBLE PARTICIPATING PREFERRED STOCK 

OF 

AFFINIA GROUP HOLDINGS INC. 
  

 
 Pursuant to
Section 151(g) of the 
 General Corporation Law of the State of Delaware 

 
  

The undersigned, Steven E. Keller, the Secretary of Affinia Group Holdings Inc. (the “Corporation”), a corporation organized
and existing under the General Corporation Law of the State of Delaware (the “DGCL”), certifies that pursuant to the authority expressly granted to and vested in the Board of Directors of the Corporation (the “Board of
Directors”) by the Certificate of Incorporation of the Corporation (as amended from time to time, the “Certificate of Incorporation”), which authorizes the issuance by the Corporation of up to 200,000 shares of preferred stock, par
value $0.01 per share (the “Preferred Stock”), and in accordance with the provisions of Section 151(g) of the DGCL, the Board of Directors on October 30, 2008 duly adopted the following resolutions, which resolutions remain in
full force and effect on the date hereof: 
 “RESOLVED, that pursuant to Paragraph Fourth of the
Certificate of Incorporation, (as amended from time to time) of the Corporation, the Board of Directors hereby designates, creates authorizes and provides for the issuance of
9 1/2% Class A Convertible Participating
Preferred Stock, par value $0.01 per share, with an initial issue price of $1,000.00 per share, consisting of 150,000 shares on the terms and with the voting powers, designations, preferences, and relative, participating, optional or other special
rights and such qualifications, limitations or restrictions set forth herein (in addition to those set forth in the Certificate of Incorporation). Capitalized terms used herein but not defined have the meanings ascribed to them in Section 11
below. 
 Section 1. Designation and Dividends. 

1A. Designation and General Obligation. 150,000 shares of the Preferred Stock of the Corporation are hereby constituted as a class
of Preferred Stock, par value $0.01 per share, with a liquidation preference as set forth below, designated as “Class A Convertible Participating Preferred Stock” (the “Class A Preferred”). When and as declared by the
Corporation’s Board of Directors and to the extent permitted under the General Corporation Law of the State of Delaware, the Corporation shall pay cumulative preferential dividends to the holders of the Class A Preferred as provided in
this Section 1. Dividends on each share of the Class A Preferred (a “Preferred Share”) shall be payable only in kind in additional shares of Class A Preferred (including fractional shares) and not in cash and accrue on a
daily 

 
basis and shall be compounded semiannually at the rate of 9.5% per annum on the Issue Price plus all accumulated and unpaid dividends thereon from and including the date of
issuance of such Preferred Share to and including the first to occur of (i) the date on which the aggregate amount that such holder of Preferred Share is entitled to receive with respect to such Preferred Share is paid to the holder thereof in
connection with the liquidation, dissolution or winding up of the Corporation (whether voluntary or involuntary) (a “Liquidation Event”) or the redemption of such Preferred Share by the Corporation, (ii) the date on which such
Preferred Share is converted into shares of Conversion Stock hereunder or (iii) the date on which such share is otherwise acquired by the Corporation (in each case as adjusted for any redemptions, stock dividends, combinations, splits and the
like with respect to such shares). Such dividends shall accrue daily and compound semiannually whether or not they have been declared and whether or not there are profits, surplus or other funds of the Corporation legally available for the payment
of dividends, and whether or not such dividends are permitted by the terms of any agreement to which the Corporation is a party, and such dividends shall be cumulative such that all accrued and unpaid dividends shall be fully paid or declared with
funds irrevocably set apart for payment before any dividends may be declared or paid or any sum set apart for the payment of dividends, with respect to any Junior Securities. The date on which the Corporation initially issues any Preferred Share
shall be deemed to be its “date of issuance” regardless of the number of times transfer of such Preferred Share is made on the stock records maintained by or for the Corporation and regardless of the number of certificates which may be
issued to evidence such Preferred Share. For purposes of calculating the number of shares of Class A Preferred to be paid as a dividend, such shares shall be valued at the Issue Price. All Shares of Class A Preferred issued under this
Section 1 as dividends shall be validly issued and outstanding and fully paid and nonassessable and shall initially have a Conversion Price equal to the Conversion Price of the Class A Preferred at such time. Dividends shall be computed on
the basis of a 360-day year consisting of twelve 30-day months. The Corporation shall take actions required or permitted under the General Corporation Law of the State of Delaware to permit the payment of dividends on the Class A Preferred and
shall declare and pay such dividends to the extent there are funds legally available therefor. The Corporation shall at all times reserve and keep available out if its authorized and unissued shares of Class A Preferred for the purpose of
paying dividends thereon such number of its duly authorized shares of Class A Preferred as shall be sufficient to pay the dividends required to be paid pursuant to this Section 1. The Corporation shall, from time to time, subject to and in
accordance with applicable law, increase the authorized shares of Class A Preferred if at any time the number of authorized shares of the Class A Preferred remaining unissued shall not be sufficient to provide for payment of the dividends.

 1B. Dividend Reference Dates. To the extent not paid on April 30 and October 31 of each year, beginning
April 30, 2008 (the “Dividend Reference Dates”), all dividends which have accrued on each Preferred Share outstanding during the six-month period (or other period in the case of the initial Dividend Reference Date) ending upon each
such Dividend Reference Date shall be accumulated and shall remain accumulated dividends with respect to such Preferred Share until paid to the holder thereof; provided that dividends on any Preferred Share shall be payable as and when declared by
the Corporation’s Board of Directors. 
 1C. Distribution of Partial Dividend Payments. Except as otherwise provided
herein, if at any time the Corporation pays less than the total amount of dividends then accrued with respect to the Class A Preferred, such payment shall be distributed pro rata among the holders thereof based upon the aggregate accrued
but unpaid dividends on the Preferred Shares held by each such holder. 
 1D. Participating Dividends. In addition to any
other dividends accruing or declared hereunder, in the event that the Corporation declares or pays any dividends upon the Common Stock (whether payable in cash, securities or other property) other than dividends payable solely in additional shares
of Common Stock, the Corporation shall also declare and pay to the holders of the Class A Preferred at the same time that it declares and pays such dividends to the holders of the Common Stock,

  

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the dividends which would have been declared and paid with respect to the Common Stock issuable upon conversion of the Class A Preferred had all of the outstanding Class A Preferred
been converted immediately prior to the record date for such dividend, or if no record date is fixed, the date as of which the record holders of Common Stock entitled to such dividends are to be determined. 

1E. Treatment of Class A Preferred by the Corporation. The Corporation shall not treat the Class A Preferred (based on
its terms) as “preferred stock” as defined in Section 1.305-5(a) of the regulations promulgated under the Internal Revenue Code of 1986, as amended. 

Section 2. Liquidation. 

2A. Liquidation Preference. Upon any Liquidation Event, each holder of Class A Preferred shall be entitled to be paid, before
any distribution or payment is made upon any Junior Securities, an amount in cash equal to the greater of (i) the Aggregate Preferred Value and (ii) the amount to which such holder would be entitled to receive upon such Liquidation Event
if all of such holder’s Class A Preferred Stock were converted into Conversion Stock pursuant to Section 7 immediately prior to such Liquidation Event, and the holders of Class A Preferred shall not be entitled to any further
payment. If upon any such Liquidation Event the Corporation’s assets to be distributed among the holders of the Class A Preferred are insufficient to permit payment to such holders of the aggregate amount which they are entitled to be paid
under this Section 2, then the entire assets available to be distributed to the Corporation’s stockholders shall be distributed pro rata among such holders based upon the Aggregate Preferred Value of the Preferred Shares held by each such
holder. Not less than 60 days prior to the payment date stated therein, the Corporation shall deliver written notice of any such Liquidation Event to each record holder of Class A Preferred, setting forth in reasonable detail the amount of
proceeds to be paid with respect to each Preferred Share and each share of Common Stock in connection with such Liquidation Event. 

2B. Transactions Deemed Liquidation. For purposes of this Section 2, each of the following events shall be deemed to be a
Liquidation Event within the meaning of this Section 2, and the holders of the shares of Class A Preferred shall be entitled to payment of the liquidation preference described in Section 2A above: (i) any sale, merger,
consolidation, recapitalization, reorganization, which results in the stockholders of the Corporation immediately prior to such transaction in the aggregate ceasing to own at least 50% of the voting securities of the surviving or resulting
corporation or (ii) the sale or disposition, in one or a series of transactions, of all or substantially all of the assets of the Corporation; provided that, (1) for so long as the OMERS Members continue to beneficially own at least 5,000
Preferred Shares (adjusted for any redemptions, stock split, stock dividend, recapitalization or otherwise), the Cypress Members, with the consent of the OMERS Members, which consent shall not be unreasonably withheld, delayed or denied, may
designate any such events not to be Liquidation Events, or (2) after such time as the OMERS Members no longer beneficially own at least 5,000 Preferred Shares (adjusted for any redemptions, stock split, stock dividend, recapitalization or
otherwise), the holders of a majority of the Preferred Shares then issued and outstanding, voting together as a single class, may designate such events not to be Liquidation Events. 

Section 3. Priority of Class A Preferred on Dividends and Redemptions. 

So long as any Class A Preferred remains outstanding, without the prior written consent of the holders of a majority of the
outstanding shares of Class A Preferred, the Corporation shall not, nor shall it permit any Subsidiary to, redeem, purchase or otherwise acquire directly or indirectly any Junior Securities, nor shall the Corporation directly or indirectly pay
or declare any dividend or make any distribution upon any Junior Securities, if at the time of or immediately after any such redemption, 

 

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purchase, acquisition, dividend or distribution the Corporation has failed to pay the full amount of dividends accrued on the Class A Preferred or the Corporation has failed to make any
redemption of the Class A Preferred required hereunder; provided, that, absent such prior written consent, the Corporation may, consistent with past practice, acquire, for a purchase price not greater than $2,000,000 for all such acquisitions
in the aggregate, Junior Securities (including, without limitation, options to acquire Common Stock) held by any Management Stockholder Entity in connection with rights of first refusal, put rights, call rights, and other similar rights and
obligations of the Corporation pursuant to any Management Stockholder Agreement applicable to Junior Securities held by such Management Stockholder Entity. 

Section 4. Redemptions. 

4A. Scheduled Redemption. On the Scheduled Redemption Date, the Corporation shall redeem all outstanding shares of Class A
Preferred at a price per Preferred Share equal to the Aggregate Preferred Value payable (a) in cash or (b) at the option of each holder of Preferred Shares, a combination of cash and shares of Conversion Stock; provided that for
purposes of calculating the aggregate value of the shares of Conversion Stock to be issued pursuant to this Section 4A, each such share of Conversion Stock shall be deemed to have a value equal to the Conversion Price. 

4B. Optional Redemptions. The Corporation may at any time and from time to time, so long as the Corporation has legally available
funds and the Corporation is permitted to do so under the terms and conditions of any agreement or instrument of indebtedness (including, without limitation, the Credit Agreement), redeem all, but not less than all, of the shares of Class A
Preferred then outstanding. Upon any such redemption, the Corporation shall pay a price per Preferred Share equal to the greater of (i) the Aggregate Preferred Value and (ii) the aggregate Market Price of the number of shares of Conversion
Stock as of the date of such redemption that would be issued if each such Preferred Share was converted into Conversion Stock immediately prior to such redemption. 

4C. Redemption Payments. Except as otherwise provided in Section 4B hereof, for each Preferred Share which is to be redeemed
hereunder, the Corporation shall be obligated on the Redemption Date to pay to the holder thereof (upon surrender by such holder at the Corporation’s principal office of the certificate representing such Preferred Share) an amount in
immediately available funds equal to the applicable aggregate amount required to be paid hereunder with respect to such Preferred Share. If the funds of the Corporation legally available for redemption of Preferred Shares on any Redemption Date are
insufficient to redeem the total number of Preferred Shares to be redeemed on such date, those funds which are legally available shall be used to redeem the maximum possible number of Preferred Shares pro rata among the holders of the
Preferred Shares to be redeemed based upon the Aggregate Preferred Value of all of the Preferred Shares held by each such holder. At any time thereafter when additional funds of the Corporation are legally available for the redemption of Preferred
Shares, such funds shall immediately be used to redeem the balance of the Preferred Shares which the Corporation has become obligated to redeem on any Redemption Date but which it has not redeemed. 

4D. Notice of Redemption. Except as otherwise provided herein, the Corporation shall mail written notice of each redemption of any
Preferred Shares to each record holder thereof not more than 60 nor less than 30 days prior to the date on which such redemption is to be made. Upon mailing any notice of redemption which relates to a redemption at the Corporation’s option, the
Corporation shall become obligated to redeem the total number of Preferred Shares specified in such notice, at the time of redemption specified therein. In case fewer than the total number of Preferred Shares represented by any certificate are
redeemed, a new certificate representing the number of unredeemed Preferred Shares shall be issued to the holder thereof without cost to such holder within five business days after surrender of the certificate representing the redeemed Preferred
Shares. 
  

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 4E. Determination of the Number of Each Holder’s Preferred Shares to be
Redeemed. Except as otherwise provided herein, the number of Preferred Shares to be redeemed from each holder thereof in redemptions hereunder shall be the number of Preferred Shares determined by multiplying the total number of Preferred Shares
to be redeemed times a fraction, the numerator of which shall be the total number of Preferred Shares then held by such holder and the denominator of which shall be the total number of Preferred Shares then issued and outstanding. 

4F. Dividends After Redemption Date. No Preferred Share shall be entitled to any dividends accruing after the date on which the
aggregate amount that the holder of such Preferred Share is entitled to receive with respect to such Preferred Share (including all accrued and unpaid dividends thereon to the extent not canceled) is paid to the holder of such Preferred Share. On
such date, all rights of the holder of such Preferred Share shall cease with respect to such Preferred Share, and such Preferred Share shall no longer be deemed to be issued and outstanding. 

4G. Redeemed or Otherwise Acquired Preferred Shares. Any Preferred Shares which are redeemed or otherwise acquired by the
Corporation shall be canceled and retired to authorized but unissued shares, without designation as to series until such shares are once more designated as part of a particular series by the board of directors. 

4H. Other Redemptions or Acquisitions. The Corporation shall not, nor shall it permit any Subsidiary to, redeem or otherwise
acquire any shares of Class A Preferred, except as expressly authorized herein. 
 Section 5. Special Repurchase
Offer. 
 (i) If a Change in Control or Bankruptcy Event has occurred or the Corporation obtains knowledge that a Change in
Control is proposed to occur, the Corporation shall give prompt written notice describing in reasonable detail the material terms and date of consummation thereof to each holder of Class A Preferred, but in any event such notice shall not be
given later than thirty days prior to the occurrence of such Change in Control, and the Corporation shall give each holder of Class A Preferred prompt written notice on any material change in the terms or timing of such transaction. Such notice
shall also include an offer to repurchase all, but not less than all, outstanding shares of Class A Preferred at a price per Preferred Share equal to the greater of (a) the Aggregate Preferred Value and (b) the aggregate Market Price
of the number of shares of Conversion Stock as of the effective time of such Change in Control or Bankruptcy Event that would be issued if each Preferred Share was converted into Conversion Stock immediately prior to such Change in Control or
Bankruptcy Event. Each holder of Class A Preferred may elect to accept such offer by delivering written notice of such election to the Corporation prior to the later of (1) twenty-one days after receipt of the Corporation’s notice of
Change in Control or Bankruptcy Event and (2) five days prior to the consummation of the Change in Control or Bankruptcy Event (the “Expiration Date”). If the Corporation does not receive a notice of acceptance from a holder of
Preferred Shares on or prior to the Expiration Date, then such holder of Preferred Shares shall be conclusively deemed to have rejected the repurchase offer. The closing of the repurchase of Preferred Shares pursuant to this Section 5 will take
place on the date designated by the Corporation which shall be no later than ten days after the Expiration Date. If (x) the funds of the Corporation legally available for repurchase of the Preferred Shares pursuant to this Section 5 are
insufficient or (y) the Credit Agreement does not permit the Corporation to repurchase all of the issued and outstanding Preferred Shares at the price each holder of Preferred Shares is entitled to receive pursuant to this Section 5, then
(1) the funds which are legally available and permissible under the Credit Agreement shall be used to repurchase the maximum possible number of Preferred Shares pro rata among the holders of the Preferred Shares who accepted the offer
pursuant to this Section 5 based upon the aggregate amount each such holder of Preferred Shares is entitled to receive with respect to such holder’s Preferred Shares under 

 

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this Section 5 and (2) the Corporation shall use its commercially reasonable efforts to repurchase as soon as practicable any remaining outstanding shares of Class A Preferred with
respect to which the holders thereof have accepted such repurchase offer until all such shares of Class A Preferred have been repurchased. If any proposed Change in Control does not occur, the repurchase offer set forth in this Section 5
shall be automatically rescinded, or if there has been a material change in the terms or the timing of a proposed Change in Control transaction, any holder of Class A Preferred may rescind such holder’s acceptance of such repurchase offer
by giving written notice of such rescission to the Corporation. 
 (ii) The term “Change in Control” means the
occurrence of any of the following events (i) the sale or disposition, in one or a series of related transactions, of all or substantially all of the assets of the Corporation to any “person” or “group” (as such terms are
defined in Sections 13(d)(3) and 14(d)(2) of the Securities Exchange Act of 1934 (as may be amended, or any successor thereto, the “Act”)) other than the Cypress Members, (ii) any person or group, other than the Cypress Members, is or
becomes a “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Act), directly or indirectly, of more than 50% of the total voting power of the voting stock of the Corporation, including by way of merger, consolidation or
otherwise and the Cypress Members do not have the power (by contract or otherwise) to appoint a majority of the members of the Corporation’s board of directors, or (iii) any person or group, other than the Cypress Members, is or becomes
the “beneficial owner”, directly or indirectly, of more than 20% of the total voting power of the voting stock of the Corporation directly or indirectly, such person or group acquires more voting power in the Corporation than the Cypress
Members combined (including voting power held by contract) and the Cypress Members do not have the power (by contract or otherwise) to appoint a majority of the members of the Corporation’s board of directors. 

(iii) The term “Bankruptcy Event” means the commencement of any case, proceeding or other action (A) under any existing or
future law of any jurisdiction, domestic or foreign, relating to bankruptcy, insolvency, reorganization or relief of debtors, seeking to have an order for relief entered with respect to it, or seeking to adjudicate it as bankrupt or insolvent, or
seeking reorganization, arrangement, adjustment, winding-up, liquidation, dissolution, composition or other relief with respect to its debts or (B) seeking appointment of a receiver, trustee, custodian or other similar official for it or for
all or any substantial part of its assets, or the Corporation shall make a general assignment for the benefit of its creditors. 

Section 6. Voting Rights. 

6A. The holders of the Class A Preferred shall be entitled to notice of all stockholders meetings in accordance with the
Corporation’s bylaws, and the holders of the Class A Preferred shall be entitled to vote on all matters submitted to the stockholders for a vote together with the holders of the Common Stock voting together as a single class with each
share of Common Stock entitled to one vote per share and each share of Class A Preferred entitled to one vote for each share of Conversion Stock issuable upon conversion of the Class A Preferred as of the record date for such vote or, if
no record date is specified, as of the date of such vote. 
 6B. The issuance by the Corporation of any capital stock or equity
securities ranking senior to or pari passu with the Class A Preferred or any security that is convertible or exercisable into any equity securities ranking senior to or pari passu with the Class A Preferred shall require the prior consent
of (i) for so long as the OMERS Members each continue to beneficially own at least 5,000 Preferred Shares (adjusted for any redemptions, stock split, stock dividend, recapitalization or otherwise), the Cypress Members, with the consent of the
OMERS Members, which consent of the OMERS Members shall not be unreasonably withheld, delayed or denied, or (ii) after such time as the OMERS 

 

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Members no longer beneficially own at least 5,000 Preferred Shares (adjusted for any redemptions, stock split, stock dividend, recapitalization or otherwise), the holders of a majority of the
aggregate issued and outstanding Preferred Shares voting together as a single class. 
 6C. The issuance by the Corporation of
any debt instrument convertible or exercisable into equity of the Corporation shall require the prior consent of (i) for so long as the OMERS Members each continue to beneficially own at least 5,000 Preferred Shares (adjusted for any
redemptions, stock split, stock dividend, recapitalization or otherwise), the Cypress Members, with the consent of the OMERS Members, which consent of the OMERS Members shall not be unreasonably withheld, delayed or denied, or (ii) after such
time as the OMERS Members no longer beneficially own at least 5,000 Preferred Shares (adjusted for any redemptions, stock split, stock dividend, recapitalization or otherwise), the holders of two-thirds (2/3) of the aggregate issued and
outstanding Preferred Shares voting together as a single class. 
 Section 7. Conversion. 

7A. Conversion Procedure. 

(i) At any time and from time to time, any holder of Class A Preferred may convert all or any portion of the Class A Preferred
(including any fraction of a Preferred Share) held by such holder into a number of shares of Conversion Stock computed by dividing (1) the sum of (A) the product of the number of Preferred Shares to be converted multiplied by the Issue
Price plus (B) the accrued and unpaid dividends thereon by (2) the Conversion Price then in effect. Notwithstanding the foregoing but subject to the immediately following sentence, each holder of Class A Preferred may exercise its
right to convert its shares of Class A Preferred no more than three times in the aggregate and each such conversion shall be for at least a number of Preferred Shares equal to one-third (1/3) of the number of Preferred Shares initially
held by such holder (the “Conversion Threshold”); provided that if (1) the number of Preferred Shares held by a holder at the time such holder elects to convert Preferred Shares is less than the Conversion Threshold, (2) the
aggregate Issue Price of the all of the Preferred Shares held by such holder (including any accrued and unpaid dividends thereon) is less than $2,000,000, or (3) such election is the third such election made by such holder, then, in each case,
such conversion shall be for all such remaining Preferred Shares then held by such holder. The immediately foregoing sentence shall not apply to any conversion of Preferred Shares made by a holder thereof in connection with any conversion of
Preferred Shares into Conversion Stock pursuant to a Public Offering or an exercise of tag-along rights or bring-along rights pursuant to Section 2 of the Stockholders Agreement. 

(ii) Except as otherwise provided herein, each conversion of Class A Preferred shall be deemed to have been effected as of the close
of business on the date on which the certificate or certificates representing the Class A Preferred to be converted have been surrendered for conversion at the principal office of the Corporation. At the time any such conversion has been
effected, the rights of the holder of the Preferred Shares converted as a holder of Class A Preferred shall cease and the Person or Persons in whose name or names any certificate or certificates for shares of Conversion Stock are to be issued
upon such conversion shall be deemed to have become the holder or holders of record of the shares of Conversion Stock represented thereby. 

(iii) The conversion rights of any Preferred Share subject to redemption hereunder shall terminate on the Redemption Date for such
Preferred Share unless the Corporation has failed to pay to the holder thereof the applicable aggregate amount such holder is entitled to be paid hereunder with respect to such Preferred Share (including all accrued and unpaid dividends thereon).

  

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 (iv) Notwithstanding any other provision hereof, if a conversion of Class A Preferred
is to be made in connection with a Public Offering, a Change in Control or other transaction affecting the Corporation, the conversion of any Preferred Shares may, at the election of the holder thereof, be conditioned upon the consummation of such
event or transaction, in which case such conversion shall not be deemed to be effective until such event or transaction has been consummated. 

(v) As soon as possible after a conversion has been effected (but in any event within five business days in the case of subsections
(a) and (c) below), the Corporation shall deliver to the converting holder: 
 (a) a certificate or
certificates representing the number of shares of Conversion Stock issuable by reason of such conversion in such name or names and such denomination or denominations as the converting holder has specified (including, without limitation, any
fractional shares of Conversion Stock); and 
 (b) a certificate representing any shares of Class A
Preferred which were represented by the certificate or certificates delivered to the Corporation in connection with such conversion but which were not converted (including, without limitation, any fractional shares of Class A Preferred).

 (vi) The issuance of certificates for shares of Conversion Stock upon conversion of Class A Preferred shall be made
without charge to the holders of such Preferred Shares for any issuance tax in respect thereof or other cost incurred by the Corporation in connection with such conversion and the related issuance of shares of Conversion Stock. Upon conversion of
each share of Class A Preferred, the Corporation shall take all such actions as are necessary in order to insure that the Conversion Stock issuable with respect to such conversion shall be validly issued, fully paid and nonassessable, free and
clear of all taxes, liens, charges and encumbrances with respect to the issuance thereof. 
 (vii) The Corporation shall not
close its books against the transfer of Class A Preferred or of Conversion Stock issued or issuable upon conversion of Class A Preferred in any manner which interferes with the timely conversion of the Class A Preferred. The
Corporation shall assist and cooperate with any holder of Preferred Shares required to make any governmental filings or obtain any governmental approval prior to or in connection with any conversion of Preferred Shares hereunder (including, without
limitation, making any filings required to be made by the Corporation). 
 (viii) The Corporation shall at all times reserve and
keep available out of its authorized but unissued shares of Conversion Stock, solely for the purpose of issuance upon the conversion of the Class A Preferred, such number of shares of Conversion Stock issuable upon the conversion of all
outstanding Class A Preferred. All shares of Conversion Stock which are so issuable shall, when issued, be duly and validly issued, fully paid and nonassessable and free from all taxes, liens and charges. The Corporation shall take all such
actions as may be necessary to assure that all such shares of Conversion Stock may be so issued without violation of any applicable law or governmental regulation or any requirements of any domestic securities exchange upon which shares of
Conversion Stock may be listed (except for official notice of issuance which shall be immediately delivered by the Corporation upon each such issuance). The Corporation shall not take any action which would cause the number of authorized but
unissued shares of Conversion Stock to be less than the number of such shares required to be reserved hereunder for issuance upon conversion of the Class A Preferred. 

(ix) Fractional shares or securities representing fractional shares of Common Stock may be issued upon conversion of the shares of
Class A Preferred. 
  

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 7B. Conversion Price. 

(i) The initial Conversion Price shall be $100.00. In order to prevent dilution of the conversion rights granted under this
Section 7, the Conversion Price shall be subject to adjustment from time to time pursuant to this Section 7B and Sections 7C, 7D and 7E. 

(ii) If and whenever on or after the original date of issuance of the Class A Preferred the Corporation issues or sells, or in
accordance with Section 7C is deemed to have issued or sold, any shares of its Common Stock for no consideration or a consideration per share less than the Conversion Price in effect immediately prior to the time of such issue or sale, then
immediately upon such issue or sale or deemed issue or sale the Conversion Price shall be reduced to the Conversion Price determined by dividing (a) the sum of (1) the product derived by multiplying the Conversion Price in effect
immediately prior to such issue or sale by the number of shares of Common Stock Deemed Outstanding immediately prior to such issue or sale, plus (2) the consideration, if any, received by the Corporation upon such issue or sale, by (b) the
number of shares of Common Stock Deemed Outstanding immediately after such issue or sale. 
 (iii) Notwithstanding the
foregoing, there shall be no adjustment to the Conversion Price as a result of (a) any issue or sale (or deemed issue or sale) of Common Stock or Options to employees, directors, consultants or vendors of the Corporation and its Subsidiaries
pursuant to stock option plans and stock ownership plans approved by the Corporation’s Board of Directors, (b) any issue or sale (or deemed issue or sale) of Common Stock or Options in connection with a transaction or series of
transactions approved by (1) for so long as the OMERS Members continue to beneficially own at least 5,000 Preferred Shares (adjusted for any redemptions, stock split, stock dividend, recapitalization or otherwise), the Cypress Members, with the
consent of the OMERS Members, which consent of the OMERS Members shall not be unreasonably withheld, delayed or denied, or (2) after such time as the OMERS Members no longer beneficially own at least 5,000 Preferred Shares (adjusted for any
redemptions, stock split, stock dividend, recapitalization or otherwise), the holders of at least two-thirds (2/3) of the aggregate issued and outstanding Preferred Shares voting together as a single class, or (c) any issue or sale of
Common Stock in connection with an underwritten Public Offering. 
 7C. Effect on Conversion Price of Certain Events. For
purposes of determining the adjusted Conversion Price under Section 7B, the following shall be applicable: 
 (i)
Issuance of Rights or Options. Except as provided under Section 7B above, if the Corporation in any manner grants or sells any Options and the price per share for which Common Stock is issuable upon the exercise of such Options, or upon
conversion or exchange of any Convertible Securities issuable upon exercise of such Options, is less than the Conversion Price in effect immediately prior to the time of the granting or sale of such Options, then the total maximum number of shares
of Common Stock issuable upon the exercise of such Options or upon conversion or exchange of the total maximum amount of such Convertible Securities issuable upon the exercise of such Options shall be deemed to be outstanding and to have been issued
and sold by the Corporation at the time of the granting or sale of such Options for such price per share. For purposes of this Section, the “price per share for which Common Stock is issuable” shall be determined by dividing (A) the
total amount, if any, received or receivable by the Corporation as consideration for the granting or sale of such Options, plus the minimum aggregate amount of additional consideration payable to the Corporation upon exercise of all such Options,
plus in the case of such Options which relate to Convertible Securities, the minimum aggregate amount of additional consideration, if any, payable to the Corporation upon the issuance or sale of such Convertible Securities and the conversion or
exchange thereof, by (B) the total maximum number of shares of Common Stock issuable upon the exercise of such Options or upon the conversion or exchange of all such Convertible Securities issuable upon the exercise of such Options. No further

  

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adjustment of the Conversion Price shall be made when Convertible Securities are actually issued upon the exercise of such Options or when Common Stock is actually issued upon the exercise of
such Options or the conversion or exchange of such Convertible Securities. 
 (ii) Issuance of Convertible Securities. If
the Corporation in any manner issues or sells any Convertible Securities and the price per share for which Common Stock is issuable upon conversion or exchange thereof is less than the Conversion Price in effect immediately prior to the time of such
issue or sale, then the maximum number of shares of Common Stock issuable upon conversion or exchange of such Convertible Securities shall be deemed to be outstanding and to have been issued and sold by the Corporation at the time of the issuance or
sale of such Convertible Securities for such price per share. For the purposes of this Section, the “price per share for which Common Stock is issuable” shall be determined by dividing (A) the total amount received or receivable by
the Corporation as consideration for the issue or sale of such Convertible Securities, plus the minimum aggregate amount of additional consideration, if any, payable to the Corporation upon the conversion or exchange thereof, by (B) the total
maximum number of shares of Common Stock issuable upon the conversion or exchange of all such Convertible Securities. No further adjustment of the Conversion Price shall be made when Common Stock is actually issued upon the conversion or exchange of
such Convertible Securities, and if any such issue or sale of such Convertible Securities is made upon exercise of any Options for which adjustments of the Conversion Price had been or are to be made pursuant to other provisions of this
Section 7, no further adjustment of the Conversion Price shall be made by reason of such issue or sale. 
 (iii) Change
in Option Price or Conversion Rate. If the purchase price provided for in any Options, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities or the rate at which any Convertible Securities
are convertible into or exchangeable for Common Stock changes at any time, the Conversion Price in effect at the time of such change shall be immediately adjusted to the Conversion Price which would have been in effect at such time had such Options
or Convertible Securities still outstanding provided for such changed purchase price, additional consideration or conversion rate, as the case may be, at the time initially granted, issued or sold. For purposes of this Section 7C, if the terms
of any Option or Convertible Security which was outstanding as of the date of issuance of the Class A Preferred are changed in the manner described in the immediately preceding sentence, then such Option or Convertible Security and the Common
Stock deemed issuable upon exercise, conversion or exchange thereof shall be deemed to have been issued as of the date of such change; provided that no such change shall at any time cause the Conversion Price hereunder to be increased. 

(iv) Treatment of Expired Options and Unexercised Convertible Securities. Upon the expiration of any Option or the termination of
any right to convert or exchange any Convertible Security without the exercise of any such Option or right, the Conversion Price then in effect hereunder shall be adjusted immediately to the Conversion Price which would have been in effect at the
time of such expiration or termination had such Option or Convertible Security, to the extent outstanding immediately prior to such expiration or termination, never been issued. For purposes of this Section 7C, the expiration or termination of
any Option or Convertible Security which was outstanding as of the date of issuance of the Class A Preferred shall not cause the Conversion Price hereunder to be adjusted unless, and only to the extent that, a change in the terms of such Option
or Convertible Security caused it to be deemed to have been issued after the date of issuance of the Class A Preferred. 

(v) Calculation of Consideration Received. If any Common Stock, Option or Convertible Security is issued or sold or deemed to have
been issued or sold for cash, the consideration received therefor shall be deemed to be the amount received by the Corporation therefor (net of discounts, commissions and related expenses). If any Common Stock, Option or Convertible Security is
issued or sold for a consideration other than cash, the amount of the consideration other than cash received by the 

 

 10 

 
Corporation shall be the fair value of such consideration, except where such consideration consists of securities, in which case the amount of consideration received by the Corporation shall be
the Market Price thereof as of the date of receipt. If any Common Stock, Option or Convertible Security is issued to the owners of the non-surviving entity in connection with any merger in which the Corporation is the surviving corporation, the
amount of consideration therefor shall be deemed to be the fair value of the portion of the net assets of the non-surviving entity that is attributable to such Common Stock, Option or Convertible Security, as the case may be. The fair value of any
consideration or net assets other than cash and securities (and, if applicable, the portions thereof attributable to any such stock or securities) shall be determined jointly by the Corporation and the holders of a majority of the outstanding
Class A Preferred. If such parties are unable to reach agreement within a reasonable period of time, the fair value of such consideration shall be determined by an independent appraiser experienced in valuing such type of consideration (acting
in its capacity as an expert, not an arbitrator) jointly selected by the Corporation and the holders of a majority of the outstanding Class A Preferred. The determination of such appraiser shall be final and binding upon the parties, and the
fees and expenses of such appraiser shall be borne by the Corporation. 
 (vi) Integrated Transactions. In case any
Option is issued in connection with the issue or sale of other securities of the Company, together comprising one integrated transaction in which no specific consideration is allocated to such Option by the parties thereto, the Option shall be
deemed to have been issued without consideration for purposes of this Section 7C. 
 (vii) Treasury Shares. The
number of shares of Common Stock outstanding at any given time shall not include shares owned or held by or for the account of the Corporation or any Subsidiary, and the disposition of any shares so owned or held shall be considered an issue or sale
of Common Stock. 
 (viii) Record Date. If the Corporation takes a record of the holders of Common Stock for the purpose
of entitling them (a) to receive a dividend or other distribution payable in Common Stock, Options or in Convertible Securities or (b) to subscribe for or purchase Common Stock, Options or Convertible Securities, then such record date
shall be deemed to be the date of the issue or sale of the shares of Common Stock deemed to have been issued or sold upon the declaration of such dividend or upon the making of such other distribution or the date of the granting of such right of
subscription or purchase, as the case may be. 
 (ix) Tax Adjustment. Anything in this Section 7C notwithstanding,
the Corporation may, but shall not be required to, make such downward adjustments to the Conversion Price, in addition to those required by this Section 7C, to the extent that the Corporation, in its sole discretion, determines that such
adjustments may prevent any event from being treated for U.S. federal income tax purposes as a taxable distribution to the holders of Common Stock. 

7D. Subdivision or Combination of Common Stock. If the Corporation at any time subdivides (by any stock split, stock dividend,
recapitalization or otherwise) one or more classes of its outstanding shares of Common Stock into a greater number of shares, the Issue Price and the Conversion Price in effect immediately prior to such subdivision shall be proportionately reduced,
and if the Corporation at any time combines (by reverse stock split or otherwise) one or more classes of its outstanding shares of Common Stock into a smaller number of shares, the Conversion Price in effect immediately prior to such combination
shall be proportionately increased. 
 7E. Reorganization, Reclassification, Consolidation, Merger or Sale. Any
recapitalization, reorganization, reclassification, consolidation, merger, sale of all or substantially all of the Corporation’s assets or other transaction, in each case which is effected in such a manner that the

  

 11 

 
holders of Common Stock are entitled to receive (either directly or upon subsequent liquidation) stock, securities or assets with respect to or in exchange for Common Stock, is referred to herein
as an “Organic Change”. Prior to the consummation of any Organic Change, the Corporation shall make appropriate provisions (in form and substance satisfactory to the holders of a majority of the Class A Preferred then outstanding) to
insure that the Class A Preferred shall not be canceled or retired as a result of such Organic Change and each of the holders of the Class A Preferred shall thereafter have the right to acquire and receive, in lieu of or in addition to (as
the case may be) the shares of Conversion Stock immediately theretofore acquirable and receivable upon the conversion of such holder’s Class A Preferred, such shares of stock, securities or assets as such holder would have received in
connection with such Organic Change if such holder had converted its Class A Preferred immediately prior to such Organic Change. In each such case, the Corporation shall also make appropriate provisions (in form and substance satisfactory to
the holders of a majority of the Class A Preferred then outstanding) to insure that the provisions of this Section 7 and Section 8 hereof shall thereafter be applicable to the Class A Preferred (including, in the case of any such
consolidation, merger or sale in which the successor entity or purchasing entity is other than the Corporation, an immediate adjustment of the Conversion Price to the value for the Common Stock reflected by the terms of such consolidation, merger or
sale, and a corresponding immediate adjustment in the number of shares of Conversion Stock acquirable and receivable upon conversion of Class A Preferred, if the value so reflected is less than the Conversion Price in effect immediately prior
to such consolidation, merger or sale). The Corporation shall not effect any such consolidation, merger or sale, unless prior to the consummation thereof, the successor entity (if other than the Corporation) resulting from consolidation or merger or
the entity purchasing such assets assumes by written instrument (in form and substance satisfactory to the holders of a majority of the Class A Preferred then outstanding), the obligation to deliver to each such holder such shares of stock,
securities or assets as, in accordance with the foregoing provisions, such holder may be entitled to acquire. 
 7F. Certain
Events. If any event occurs of the type contemplated by the provisions of this Section 7 but not expressly provided for by such provisions (including, without limitation, the granting of stock appreciation rights, phantom stock rights or
other rights with equity features), then the Corporation’s Board of Directors shall make an appropriate adjustment in the Conversion Price so as to protect the rights of the holders of Class A Preferred; provided that no such adjustment
shall increase the Conversion Price as otherwise determined pursuant to this Section 7 or decrease the number of shares of Conversion Stock issuable upon conversion of each Share of Class A Preferred. 

7G. Notices. 

(i) Immediately upon any adjustment of the Conversion Price, the Corporation shall give written notice thereof to all holders of
Class A Preferred, setting forth in reasonable detail and certifying the calculation of such adjustment. 
 (ii) The
Corporation shall give written notice to all holders of Class A Preferred at least 20 days prior to the date on which the Corporation closes its books or takes a record (a) with respect to any dividend or distribution upon Common Stock,
(b) with respect to any pro rata subscription offer to holders of Common Stock or (c) for determining rights to vote with respect to any Organic Change or Liquidation Event. 

(iii) The Corporation shall also give written notice to the holders of Class A Preferred at least 20 days prior to the date on which
any Organic Change shall take place. 
  

 12 

 Section 8. Purchase Rights. 

If at any time the Corporation grants, issues or sells any Options, Convertible Securities or rights to purchase stock, warrants,
securities or other property pro rata to the record holders of any class of Common Stock (the “Purchase Rights”), then each holder of Class A Preferred shall be entitled to acquire, upon the terms applicable to such Purchase Rights,
the aggregate Purchase Rights which such holder could have acquired if such holder had held the number of shares of Conversion Stock acquirable upon conversion of such holder’s Class A Preferred immediately before the date on which a
record is taken for the grant, issuance or sale of such Purchase Rights, or if no such record is taken, the date as of which the record holders of Common Stock are to be determined for the grant, issue or sale of such Purchase Rights. 

Section 9. Transfer 

9A. Transfer. 

The Corporation shall keep at its principal office a register for the registration of Class A Preferred. Upon the surrender of any
certificate representing Class A Preferred at such place, the Corporation shall, at the request of the record holder of such certificate, execute and deliver (at the Corporation’s expense) a new certificate or certificates in exchange
therefor representing in the aggregate the number of Shares represented by the surrendered certificate. Each such new certificate shall be registered in such name and shall represent such number of Shares as is requested by the holder of the
surrendered certificate and shall be substantially identical in form to the surrendered certificate, and dividends shall accrue on the Class A Preferred represented by such new certificate from the date to which dividends have been fully paid
on such Class A Preferred represented by the surrendered certificate. 
 9B. Transfer Restrictions. 

The Class A Preferred shall be subject to the restrictions on transfer set forth in Section 2.1 of the Stockholders Agreement,
and shall be subject to the exceptions to such restrictions set forth in Section 2.2 of the Stockholders Agreement; provided that any Preferred Shares held by a Management Stockholder Entity may not be transferred except upon conversion of such
Preferred Shares into Conversion Stock and, upon such conversion, shall be subject to the rights and obligations associated with “Common Stock” as such term is defined in the Management Stockholders Agreement applicable to such Management
Stockholder Entity. Each certificate representing Class A Preferred shares shall be endorsed with a legend substantially in the form set forth in Section 7.1 of the Stockholders Agreement. Notwithstanding the foregoing, the Class A
Preferred may not be transferred, except in compliance with applicable laws and the provisions of the Stockholders Agreement. 

Section 10. Replacement. 

Upon receipt of evidence reasonably satisfactory to the Corporation (an affidavit of the registered holder shall be satisfactory) of the
ownership and the loss, theft, destruction or mutilation of any certificate evidencing Shares of Class A Preferred, and in the case of any such loss, theft or destruction, upon receipt of indemnity reasonably satisfactory to the Corporation
(provided that if the holder is a financial institution, investment fund or other institutional investor its own agreement shall be satisfactory), or, in the case of any such mutilation upon surrender of such certificate, the Corporation shall (at
its expense) execute and deliver in lieu of such certificate a new certificate of like kind representing the number of Shares of such class represented by such lost, stolen, destroyed or mutilated certificate and dated the date of such lost, stolen,
destroyed or mutilated certificate, and dividends shall accrue on the Class A Preferred represented by such new certificate from the date to which dividends have been fully paid on such lost, stolen, destroyed or mutilated certificate.

  

 13 

 Section 11. Definitions. 

“Aggregate Preferred Value” means, with respect to any holder of Preferred Shares as of any particular date, the product
of (i) the product of (x) the Issue Price multiplied by (y) (A) on or before December 31, 2009, 1.5, and (B) after December 31, 2009, 2, multiplied by (ii) the sum of (x) all Preferred Shares held by such
holder plus (y) the number of additional Preferred Shares that would be issued if all accrued and unpaid dividends thereon were paid in kind in additional Preferred Shares. 

“Change in Control” has the meaning set forth in Section 5(ii) hereof. 

“Common Stock” means the Corporation’s Common Stock, par value $0.01 per share, and any capital stock of any class
of the Corporation hereafter authorized which is not limited to a fixed sum or percentage of par or stated value in respect to the rights of the holders thereof to participate in dividends or in the distribution of assets upon any Liquidation Event.

 “Common Stock Deemed Outstanding” means, at any given time, the sum of (x) the number of shares of
Common Stock actually outstanding at such time, plus (y) the number of shares of Common Stock deemed to be outstanding pursuant to subsections 7C(i) and 7C(ii) hereof whether or not the Options or Convertible Securities are actually exercisable
at such time, but excluding any shares of Common Stock issuable upon conversion of the Class A Preferred, and plus the number of shares of Common Stock issuable at such time upon the exercise of all then outstanding Options or Convertible
Securities (other than the Class A Preferred). 
 “Conversion Stock” means shares of the Common Stock,
provided that if there is a change such that the securities issuable upon conversion of the Class A Preferred are issued by an entity other than the Corporation or there is a change in the type or class of securities so issuable, then the term
“Conversion Stock” shall mean one share of the security issuable upon conversion of the Class A Preferred if such security is issuable in shares, or shall mean the smallest unit in which such security is issuable if such security is
not issuable in shares. 
 “Convertible Securities” means any stock or securities (other than Options) directly
or indirectly convertible into or exchangeable for Common Stock. 
 “Credit Agreement” means the Credit
Agreement, dated as of November 30, 2004, among Affinia Group Intermediate Holdings Inc., Affinia Group Inc., the Lenders party thereto, JPMorgan Chase Bank, N.A., as Administrative Agent and Collateral Agent, Goldman Sachs Credit
Partners, L.P. and Credit Suisse First Boston, as Co-Syndication Agents, and Deutsche Bank AG, Cayman Islands Branch and UBS Securities LLC, as Co-Documentation Agents, as such agreement may from time to time be amended, increased or extended in
accordance with its terms. 
 “Cypress Members” shall have the meaning set ascribed to such term in the
Stockholders Agreement. 
 “Issue Price” means, with respect to each Preferred Share, $1,000. 

“Junior Securities” means any capital stock or other equity securities of the Corporation, except for the Class A
Preferred or any other class or series of the Corporation’s capital stock which is senior to or pari passu with the Class A Preferred with respect to preference and priority on dividends, redemptions and liquidations as permitted by
the terms of the Class A Preferred hereunder or approved by a vote of the holders of the Class A Preferred as provided hereunder. 
  

 14 

 “Management Stockholder Agreement” means any Management Stockholder
Agreement, Director Stockholder Agreement or similar arrangement between the Corporation and any of its current or former directors and officers, as may be amended from time to time. 

“Management Stockholder Entity” shall have the meaning set forth in the Management Stockholder Agreement applicable to
such Management Stockholder Entity or, if the Management Stockholder Agreement is a Director Stockholder Agreement, shall mean a Director Stockholder Entity as such term is defined in the Director Stockholder Agreement applicable to such Management
Stockholder Entity. 
 “Market Price” of any security means the average of the closing prices of such
security’s sales on all securities exchanges on which such security may at the time be listed or admitted for trading in any national securities exchange, or, if there has been no sales on any such exchange on any day, the average of the
highest bid and lowest asked prices on all such exchanges at the end of such day, or, if on any day such security is not so listed, the average of the representative bid and asked prices quoted in the NASDAQ System as of 4:00 P.M., New York time,
or, if on any day such security is not quoted in the NASDAQ System, the average of the highest bid and lowest asked prices on such day in the domestic over-the-counter market as reported by the National Quotation Bureau, Incorporated, or any similar
successor organization, in each such case averaged over a period of 21 days consisting of the day as of which “Market Price” is being determined and the 20 consecutive business days prior to such day. If at any time such security is not
listed on any securities exchange or quoted in the NASDAQ System or the over-the-counter market, the “Market Price” shall be the fair value (without regard to the illiquidity of such security or the fact that such security may represent a
minority interest) determined by an independent, nationally recognized valuation or investment banking firm experienced in valuing securities (acting in its capacity as an expert, not an arbitrator) selected by the Board of Directors of the
Corporation in consultation with the holders of a majority of the Series A Preferred at the time of such selection. The determination of such appraiser shall be final and binding upon the parties, and the Corporation shall pay the fees and expenses
of such appraiser. 
 “OMERS Members” shall have the meaning ascribed to such term in the Stockholders
Agreement. 
 “Options” means any rights, warrants or options to subscribe for or purchase Common Stock or
Convertible Securities. 
 “Person” means an individual, a partnership, a corporation, a limited liability
company, a limited liability, an association, a joint stock company, a trust, a joint venture, an unincorporated organization and a governmental entity or any department, agency or political subdivision thereof. 

“Public Offering” means any offering by the Corporation of its capital stock or equity securities to the public pursuant
to an effective registration statement under the Securities Act of 1933, as then in effect, or any comparable statement under any similar federal statute then in force, resulting in shares of the Corporation’s Conversion Stock becoming listed
on a nationally or internationally recognized stock exchange; provided that for purposes of Section 7G hereof, a Public Offering shall not include an offering made in connection with a business acquisition or combination or an employee benefit
plan. 
  

 15 

 “Redemption Date” as to any Preferred Share means the date specified in the
notice of any redemption at the Corporation’s option or the applicable date specified herein in the case of any other redemption; provided that no such date shall be a Redemption Date unless the aggregate amount that the holder of such
Preferred Share is entitled to receive with respect to such Preferred Share (including all accrued and unpaid dividends thereon) is actually paid in full on such date, and if not so paid in full, the Redemption Date shall be the date on which such
amount is fully paid. 
 “Scheduled Redemption Date” means the later of (i) October 31, 2013, and
(ii) the six month anniversary of the date on which (a) the Credit Agreement has been amended, modified or supplemented to specifically provide for the redemption or repurchase of the Class A Preferred by the Corporation pursuant to
the terms hereof or (b) each of the following shall have occurred: (A) the Credit Agreement is terminated, (B) all obligations thereunder (other than contingent obligations that survive the termination of the Credit Agreement) have
been satisfied and repaid in full and (C) lenders thereunder have no commitment to lend money or otherwise extend credit thereunder, in each case, whether in connection with a repayment, a refinancing or otherwise. The Corporation shall use its
reasonable best efforts to cause the Scheduled Redemption Date to occur no later than October 31, 2013. 

“Stockholders Agreement” means the Stockholders Agreement, dated as of November 30, 2004, among the Corporation and
the various holders of the Common Stock signatory thereto, as such agreement may from time to time be amended in accordance with its terms. 

“Subsidiary” means, with respect to any Person, any corporation, limited liability company, partnership, association or
other 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, a
majority of the 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 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 the managing general partner of such limited liability company, partnership, association or other business entity. 

Section 12. Amendment and Waiver. 

No amendment, modification, alteration, repeal or waiver of any provision of Sections I to 13 hereof (including, without limitation, any
such shall amendment, modification, alteration, repeal or waiver of the terms or relative priorities of the Class A Preferred that would result from the merger, consolidation or other transaction of the Corporation with another corporation or
entity) be binding or effective without the prior written consent of (i) for so long as the OMERS Members continue to beneficially own at least 5,000 Preferred Shares (adjusted for any redemptions, stock split, stock dividend, recapitalization
or otherwise), the Cypress Members, with the consent of the OMERS Members, which consent of the OMERS Members shall not be unreasonably withheld, delayed or denied, or (ii) after such time as the OMERS Members no longer beneficially own at
least 5,000 Preferred Shares (adjusted for any redemptions, stock split, stock dividend, recapitalization or otherwise), the holders of a majority of the aggregate issued and outstanding Preferred Shares at the time such action is taken voting
together as a single class. 
  

 16 

 Section 13. Notices. 

Except as otherwise expressly provided hereunder, all notices referred to herein shall be in writing and shall be delivered by registered
or certified mail, return receipt requested and postage prepaid, or by reputable overnight courier service, charges prepaid, and shall be deemed to have been given when so mailed or sent (i) to the Corporation, at its principal executive
offices and (ii) to any stockholder, at such holder’s address as it appears in the stock records of the Corporation (unless otherwise indicated by any such holder). 

 

 17 

 IN WITNESS WHEREOF, the Corporation has caused this certificate to be
signed by Steven E. Keller, its Secretary, this 30th day
of October, 2008. 
  

			
	 AFFINIA GROUP HOLDINGS INC.

		
	 By:
	 	 /s/ Steven E. Keller

	 Name:
	 	Steven E. Keller
	 Title:
	 	Secretary

  

 18Shareholders' Agreement

 Exhibit 10.14 

EXECUTION COPY 

SHAREHOLDERS’ AGREEMENT 

among 
 ZHANG
HAIBO 
 and 

AFFINIA ACQUISITION LLC 

and 
 HBM
INVESTMENT LIMITED 
 dated 

Effective as of the October 31, 2008 

 Table of Contents 

 

							
	1.	  	DEFINITIONS	  	5
		  	1.1	  	Definitions	  	5
		  	1.2	  	Terms Defined Elsewhere in the Agreement	  	5
		  	1.3	  	Interpretation	  	6
	2.	  	PURPOSE AND SCOPE OF THE AGREEMENT	  	6
		  	2.1	  	Purpose of the Agreement	  	6
		  	2.2	  	Scope of the Business	  	7
	3.	  	GOVERNANCE OF THE COMPANY	  	7
		  	3.1	  	New Articles of Association	  	7
		  	3.2	  	Restricted Activities	  	7
		  	3.3	  	In Case of Conflict	  	9
		  	3.4	  	Appointment of Directors	  	9
		  	3.5	  	Casual Vacancy of Directors	  	10
		  	3.6	  	Renaming of the Company	  	10
		  	3.7	  	Reporting of the Company	  	10
		  	3.8	  	Accounting	  	10
	4.	  	REPRESENTATIONS AND WARRANTIES; COVENANTS	  	10
		  	4.1	  	Organization	  	10
		  	4.2	  	Authorization	  	10
		  	4.3	  	Effect of Agreement	  	10
		  	4.4	  	Litigation	  	11
		  	4.5	  	Notice	  	11
		  	4.6	  	Interests Held by Zhang and the Company	  	11
		  	4.7	  	Contracts Entered into by the Company	  	11
	5.	  	SALE OF SHARES AND ASSIGNMENT OF RIGHTS	  	11
		  	5.1	  	Sale of Shares by Affinia	  	11
		  	5.2	  	Acceptable Assignment by Affinia	  	12
		  	5.3	  	Sale of Shares by Zhang	  	12
		  	5.4	  	Calculation of Sale Price for the Remaining Shares	  	13
		  	5.5	  	Transfer of Shares Free of Encumbrances	  	13
	6.	  	ADDITIONAL FUNDING AND CAPITAL CONTRIBUTIONS	  	13
		  	6.1	  	Additional Funding and Capital Contributions	  	13
		  	6.2	  	Exception	  	14
		  	6.3	  	Loans to the Company	  	14
		  	6.4	  	Loans to Haimeng	  	14
		  	6.5	  	Dividend Payment	  	14
	7.	  	CONFIDENTIALITY	  	15
		  	7.1	  	Confidentiality Obligations	  	15
		  	7.2	  	Additional Confidentiality Obligations of Zhang	  	16
		  	7.3	  	Exceptions	  	16
		  	7.4	  	Security Measures	  	17
		  	7.5	  	Provision of Assistance	  	17
	8.	  	TERMINATION AND SURVIVAL	  	17
		  	8.1	  	Termination	  	17
		  	8.2	  	Force Majeure	  	18
		  	8.3	  	Survival of Certain Sections	  	18
	9.	  	GOVERNING LAW AND DISPUTE RESOLUTION	  	18

  

 2 

							
		  	9.1	  	Governing Law	  	18
		  	9.2	  	Friendly Consultation	  	18
		  	9.3	  	Place of Arbitration and Appointment of Arbitrator	  	19
		  	9.4	  	Arbitration Proceedings	  	19
		  	9.5	  	Preservation of Rights	  	19
		  	9.6	  	Consent to Jurisdiction	  	19
	10.	  	INDEMNIFICATION	  	19
		  	10.1	  	Indemnification	  	19
		  	10.2	  	Indemnification by Zhang	  	20
		  	10.3	  	Maximum Indemnification	  	21
	11.	  	NOTICE	  	21
		  	11.1	  	Delivery of Notices	  	21
		  	11.2	  	Addresses	  	21
	12.	  	LEGAL REPRESENTATION	  	22
		  	12.1	  	Legal Representation	  	22
	13.	  	MISCELLANEOUS	  	22
		  	13.1	  	No Agency	  	22
		  	13.2	  	Entire Agreement	  	22
		  	13.3	  	Schedules	  	22
		  	13.4	  	Successors and Assigns	  	22
		  	13.5	  	Waivers	  	23
		  	13.6	  	Amendment	  	23
		  	13.7	  	Signature by Counterparts	  	23
		  	13.8	  	Further Assurances	  	23
		  	13.9	  	Language	  	23
		  	13.10	  	Severability	  	23

  

 3 

 SHAREHOLDERS’ AGREEMENT 

THIS SHAREHOLDERS’ AGREEMENT (“Agreement”) is made and entered into effective as of October 31, 2008,
by and among: 
  

	(1)	Zhang Haibo, a citizen of the People’s Republic of China (“China”), with his identification card number of 370623196008292414 and his
residential address at No. 901, Building 7, Haitian Ge, No. 333, Jintang Road, Tangjiawan Town, Zhuhai City, Guangdong Province, P.R.C. (“Zhang”); 

 

	(2)	Affinia Acquisition LLC, a company duly organized and validly existing under the laws of the State of Delaware in the United States of America (“U.S.
A.”), with its registered address at: c/o Corporation Trust Center, 1209 Orange Street, Wilmington, New Castle County, Delaware, 19801 (“Affinia”); and 

 

	(3)	HBM Investment Limited, a company duly incorporated and validly existing under the laws of the Hong Kong Special Administrative Region of China (“Hong
Kong”), with its principal place of business at 34/F., The Lee Gardens, 33 Hysan Avenue, Causeway Bay, Hong Kong (the “Company”). 

Zhang and Affinia are referred to together in this Agreement as “Parties” and, in singular, as
“Party.” 
 RECITALS 

WHEREAS: 
  

	A.	The Parties have duly signed and executed a Shares Transfer Contract on June 30, 2008 for the sale of eighty-five percent (85%) of the issued share capital in
the Company by Zhang to Affinia (“Contract”); 

  

	B.	Upon the Closing, Zhang will be the legal and beneficial owner of 1,500 ordinary shares representing fifteen percent (15%) of the total issued share capital of the
Company; 

  

	C.	Upon the Closing, Affinia will be the legal and beneficial owner of 8,500 ordinary shares representing eight-five percent (85%) of the total issued share capital
of the Company; 

  

	D.	Section 4.10(a) of the Contract requires as a condition precedent to the Closing that the Parties execute this Agreement; and 

 

	E.	The Parties wish to operate the Company as a joint venture, and desire to embody in this Agreement the terms and conditions under which the Company and Haimeng, a
subsidiary wholly owned by the Company in China, shall be operated. 

  

 4 

 NOW, THEREFORE, in consideration of the foregoing premises and the mutual covenants
and conditions contained herein, the Parties agree as follows: 
  

	1.	DEFINITIONS 

  

	1.1	Definitions. Unless otherwise defined herein, the following capitalized terms shall have the meanings ascribed to them below whenever they are used in this
Agreement: 

 “Companies Ordinance” means Cap. 32 of the Laws of Hong Kong; 

“Directors” mean the directors of the Company duly appointed under this Agreement and the Articles,
“Director” shall mean any of them and the “Board” or “Board of Directors” shall mean all of them collectively; 

“Shares” mean ordinary shares in the issued share capital of the Company; 

“Shareholders” mean the registered holders of Shares of the Company;

“US$” means the lawful currency of the U.S.A.; and 

“U.S. GAAP” means the Generally Accepted Accounting Principles applicable in the U.S.A. 

Unless otherwise defined in this Agreement, all capitalized terms have the same meanings as in the Contract. 

 

	1.2	Terms Defined Elsewhere in the Agreement. The following terms are defined elsewhere in this Agreement as follows: 

“Affinia” is defined above Recitals; 

“Agreement” is defined above Recitals; 

“Arbitration Center” is defined in Section 9.3; 

“Articles” are defined in Section 3.1; 

“China” is defined above Recitals; 

“Company” is defined above Recitals; 

“Contract” is defined in Recitals; 

“Confidential Matters” are defined in Section 7.1; 

“Force Majeure” is defined in Section 8.2(a); 

“Haimeng” is defined in Section 2.2; 

“Holder of Confidential Matters” and “Holder” are defined in Section 7.1; 

“Hong Kong” is defined above Recitals; 

“Indemnification Amount” is defined in Section 10.2(b);

“Indemnification Shortfall” is defined in Section 10.2(b); 

 

 5 

 “Indemnified Party” is defined in Section 10.1; 

“Indemnifying Party” is defined in Section 10.1; 

“LTM” is defined in Schedule 3;

“NBV” is defined in Schedule 3; 

“Remaining Shares” are defined in Section 5.3;

“U.S.A.” is defined above Recitals; and

“Value” is defined in Section 6.5(a); 

“Zhang” is defined above Recitals. 
  

	1.3	Interpretation. 

  

	 	(a)	Whenever the words “include,” “includes” or “including” are used in this Agreement, they shall be deemed to be
followed by the words “without limitation”. 

  

	 	(b)	The meaning assigned to each term defined herein shall be equally applicable to both the singular and the plural forms of such term, and words denoting any gender shall
include all genders. Where a word or phrase is defined herein, each of its other grammatical forms shall have a corresponding meaning. 

  

	 	(c)	A reference to any Party to this Agreement or any other agreement or document shall include such Party’s successors and permitted assigns.

  

	 	(d)	A reference to any legislation or to any provision of any legislation shall include any amendment to, and any modification or re-enactment thereof, any legislative
provision substituted therefor and all regulations and statutory instruments issued thereunder or pursuant thereto. 

  

	 	(e)	The Parties have participated jointly in the negotiation and drafting of this Agreement. In the event an ambiguity or question of intent or interpretation arises, this
Agreement shall be construed as if drafted jointly by the Parties, and no presumption or burden of proof shall arise favoring or disfavoring any Party by virtue of the authorship of any provisions of this Agreement. 

 

	 	(f)	The headings in this Agreement are inserted for convenience only and shall not affect the construction of this Agreement. 

 

	2.	PURPOSE AND SCOPE OF THE AGREEMENT 

  

	2.1	Purpose of the Agreement. The purpose of this Agreement is to provide for the administration and operation of the Company and Haimeng by the Parties and/or the
Company, as the case may be, to commercially and financially benefit from the business. 

  

 6 

	2.2	Scope of the Business. The Company will own, operate and manage its wholly owned subsidiary Longkou Haimeng Machinery Company Limited, a wholly foreign owned
enterprise duly organized and existing under the laws of China with its legal address at Huangshan Haimeng Industrial Park, Longkou City, Shandong Province 265715, China (“Haimeng”). The Company may also own, operate and manage any
joint investments of the Parties. The Company may do all those acts and things allowed by the Companies Ordinance and by the Articles necessary to own, operate and manage its subsidiaries or assets. 

 

	3.	GOVERNANCE OF THE COMPANY 

  

	3.1	New Articles of Association. As soon as practicable after the Closing, the Parties will cause the Company to adopt new articles of association of the Company
(“Articles”) (by special resolution of a Shareholders’ general meeting representing at least seventy-five (75%) of the Shares of the Company, as required by the Companies Ordinance) in the form attached hereto as Schedule
1. 

  

	3.2	Restricted Activities. The Parties recognize that the Articles will be available to any person in Hong Kong as a matter of public record. The Parties recognize
that they wish to keep private certain matters related to the governance of the Company. To that end, in addition to the rules specified in the Articles, the Company’s actions and the actions of its subsidiaries will be restricted as provided
for in this section, and these restrictions shall be interpreted as having the same force and effect as if they were included in the Articles. 

The Company shall not, and shall procure that its subsidiaries shall not, take any of the following actions without a unanimous
affirmative vote of the Board of Directors, which vote shall include the affirmative vote of Zhang: 
  

	 	(a)	acquire, whether by formation or otherwise, any subsidiary or participate in any partnership or joint venture (incorporated or not) or amalgamate or merge with any
other company or business undertaking or permit the disposal or dilution of its interest directly or indirectly in any subsidiary or close down any business operation; 

 

	 	(b)	engage in any business outside of the businesses and purposes described in the Articles or other governing document or expend any funds other than for bona fide
purposes of or in connection with the carrying on of the ordinary course of business; 

  

	 	(c)	sell, transfer, lease, license, make any material alteration to or in any other way dispose of all or a substantial part of its business undertaking or assets whether
by a single transaction or series of transactions, related or not; and 

  

	 	(d)	enter into any transaction with a related party. 

  

 7 

 The Company shall not, and shall procure that its subsidiaries shall not, take any of the
following actions without an affirmative vote of a majority of the Board of Directors: 
  

	 	(a)	enter into or agree to any variation or amendment or compromise in relation to any transaction or agreement with or for the benefit of any Director or Shareholder or
any connected person of a Director or Shareholder in excess of US$50,000 each year; 

  

	 	(b)	enter into any transaction or assume any liability or obligation otherwise than on arm’s length commercial terms or, in any event, outside the ordinary and proper
course of its day to day business; 

  

	 	(c)	make any loan or give any guarantee or indemnity other than normal trade credit in relation to the supply of goods or services in the normal course of business;

  

	 	(d)	forgive (i) accounts receivable in any rolling 12-month period in excess of US$50,000 in aggregate for all debtors during the relevant 12-month period; and
(ii) accounts receivable in any rolling 24-month period in excess of US$50,000 in aggregate for any particular customer or customer buying group during the relevant 24-month period; 

 

	 	(e)	enter into any contract or commitment not provided for in any budget approved by the Board of Directors other than in the ordinary and proper course of its day to day
business not exceeding US$150,000 over any consecutive 12 month period and/or enter into any contract or commitment for a term of greater than 12 months unless terminable on no more than 30 days’ notice; 

 

	 	(f)	borrow (or permit the borrowing by any subsidiary) in excess of the borrowings limit for the Company and its subsidiaries (if any) for the time being approved from time
to time by the Board of Directors, and in the absence of an established borrowing limit, borrowings shall not exceed the amount specifically provided for in the approved then-current annual budget; 

 

	 	(g)	enter into, as lessor or as lessee, any operating lease other than in the ordinary and proper course of its day to day business; 

 

	 	(h)	appoint any new bankers or remove its bankers for the time being, open or close any bank account or make any material alteration in the terms agreed with its bankers
for the borrowing of monies or for the operation of its bank accounts, including without limitation, any signature authorizations required with respect to such accounts; 

 

	 	(i)	create or issue or allow to come into being any mortgage or charge, encumbrance or other security interest (other than liens arising by operation of law in the ordinary
course of business) upon any part of its present or future undertaking property or assets, factor or assign any of the book debts of the Company (or its subsidiaries,) or issue any debenture or debenture stock; 

 

	 	(j)	grant any rights (by license or otherwise) in or over any intellectual property owned or used by the Company or its subsidiaries, except to the Shareholders pursuant to
and in accordance with this Agreement; 

  

 8 

	 	(k)	alter its Fiscal Year or make or permit to be made any change in the accounting policies and principles adopted by the Company (or its subsidiaries) in the preparation
of its audited and management accounts save as may be required to ensure compliance with relevant accounting standards; 

  

	 	(1)	establish or amend any benefit plan, profit-sharing, share option, bonus or other incentive scheme of any nature sponsored by the Company or its subsidiaries for
Directors or employees (which has not already been disclosed and approved in the business plan); establish or amend any pension scheme of the Company or its subsidiaries or grant any Company or its subsidiaries pension rights to any Director,
employee, former Director or employee, or any member of any such person’s family; agree to remunerate (by payment of fees, the provision of benefits-in-kind or otherwise) any officer of or consultant to the Company (or its subsidiaries) at a
rate in excess of US$60,000 per annum or increase the remuneration of any such person to a rate in excess of US$50,000 per annum; 

  

	 	(m)	grant or revoke any duly executed power of attorney; 

  

	 	(n)	acquire or contract to acquire any real property; 

  

	 	(o)	make an equity investment in another entity; 

  

	 	(p)	enter into foreign exchange, currency hedging or derivatives transactions; 

 

	 	(q)	issue any letters of credit; 

  

	 	(r)	enter into any agreement or arrangement with a trade union; 

  

	 	(s)	institute, settle or compromise any legal proceedings (other than debt recovery proceedings in the ordinary course of business) instituted or threatened against the
Company (or its subsidiaries) or submit to arbitration any dispute involving the Company (or its subsidiaries); 

  

	 	(t)	make any claim, disclaimer, surrender, election or consent which would have a material adverse effect on the Company or its subsidiary’s tax position, save as
provided in this Agreement; and/or 

  

	 	(u)	save as otherwise set out in this Agreement, delegate any powers of the Director to any committee. 

 

	3.3	In Case of Conflict. Where the provisions of Section 3.2 conflict with the Articles, the provisions of Section 3.2 shall take precedence to the extent
allowed by the Companies Ordinance. 

  

	3.4	 Appointment of Directors. The Board of the Company shall consist of a total of five (5) Directors, among which Zhang shall nominate one
(1) Director and Affinia shall nominate four (4) Directors. Such nominations shall be made by the relevant Party as soon as practicable after the Closing. Appointments of the five (5) Directors shall be made at a Shareholders’
general meeting of the Company, and each Party shall affirmatively vote the Director candidate(s) nominated by the Party empowered to nominate him. Each Director shall serve without compensation. Subject to Zhang

  

 9 

 
and Affinia’s further agreement, the above total number of Director on the Board may change, and the Parties’ representation on the Board shall be based on the percentage of their
respective then equity interest in the Company. 
  

	3.5	Casual Vacancy of Directors. In accordance with typical Hong Kong practice, the Articles shall state that a casual vacancy on the Board of Directors shall be
filled by the remaining Directors themselves. In exercising this power, the Directors shall appoint to fill a casual vacancy with a person nominated by the Party that made the initial nomination of the Director whose resignation, disqualification or
incapacity caused the vacancy. 

  

	3.6	Renaming of the Company. The Company will be renamed “Affinia Hong Kong Limited”. The change of name will be effected by special resolution of a
Shareholders’ general meeting of the Company representing at least seventy-five percent (75%) of the Shares of the Company as required by the Companies Ordinance. 

 

	3.7	Reporting of the Company. The Company shall produce any accounting reports requested or required by either Shareholder, whether monthly, quarterly, annual or
otherwise, including, without limitation, U.S. GAAP reports. If requested by a Shareholder of the Company, the Company shall produce audited annual accounts. Each quarterly or annual report shall be completed and delivered to the Shareholders as
promptly as possible but in no event later than 60 days from the end of the period to which the report relates. 

  

	3.8	Accounting. The auditors of the Company shall be Deloitte Touche Tohmatsu or such other reputable accounting firm as the Board may from time to time determine.

  

	4.	REPRESENTATIONS AND WARRANTIES; COVENANTS 

  

	4.1	Organization. Each of Affinia and the Company represents and warrants that it is a company duly organized and validly existing under the laws of the jurisdiction
in which it was incorporated, and has the required power and authority to enter into and perform this Agreement and the transactions and matters contemplated herein. Zhang represents and warrants that he is a citizen of China who has the legal
capacity, authority and power to enter into and perform this Agreement and the transactions and matters contemplated herein. 

  

	4.2	Authorization. Each Party represents and warrants that all actions (whether corporate or not) on his or its part necessary for the authorization, execution and
delivery of this Agreement and for the performance of all of his or its obligations hereunder has been taken, and this Agreement when fully executed and delivered, shall constitute a valid, legally binding and enforceable obligation on that Party.

  

	4.3	 Effect of Agreement. Each Party represents and warrants that its execution, delivery and performance of this Agreement will not (i) violate
its articles of association, constitution or by-laws (or other corporate governance provisions) of that Party or any Law to which that Party is subject; (ii) violate any Order applicable to that Party; (iii) have any effect on the ability
of that Party to perform his or its obligations in this Agreement; (iv) terminate or violate the terms of any approvals, licenses or privileges granted by Governmental Bodies which would materially and adversely affect that

  

 10 

	 	 
Party; (v) require that Party to obtain any consent, approval or take action of, or make any filing with or give any notice to, any Governmental Body in that Party’s jurisdiction of
organization or to any other person pursuant to any instrument, contract or other agreement to which that Party is a party or by which such Party is bound, except for the consent, approval, action or filing as set forth in Section 5.1(b) of the
Contract; or (vi) result in the breach of, give rise to a right of termination, cancellation or acceleration of any obligation with respect to (presently or with the passage of time), or otherwise be in conflict with any term of, or affect the
validity or enforceability of, any agreement or other commitment to which that Party is a party and which would materially and adversely affect that Party. 

 

	4.4	Litigation. Each Party represents and warrants that there are no actions, claims, suits or proceedings pending or, to that Party’s knowledge, threatened,
against that Party which question or may impair that Party’s right to enter into or perform this Agreement or which question the validity of this Agreement. 

 

	4.5	Notice. Each Party covenants that at all times prior to and after the Closing Date, that Party shall promptly inform the other Party of any event which may cause
any of the representations and warranties in Section 4.1 through Section 4.4 to be untrue. 

  

	4.6	Interests Held by Zhang and the Company. Zhang and the Company represent and warrant that the Company does not own, whether directly or indirectly, whether
beneficially or for the benefit of any other person, or have any interest in any manner, in any: shares or equity of any company of any type formed in any jurisdiction (with the exception of Haimeng); debentures, warrants, options, futures or
potential interests in any company of any type formed in any jurisdiction; financial instruments including but not limited to currency exchange, hedge funds or derivatives; real property; personal property aside from that necessary to operate in its
ordinary course of business; or leaseholds aside from those necessary to operate in its ordinary course of business. 

  

	4.7	Contracts Entered into by the Company. Zhang and the Company represent and warrant that the Company has not entered into any contracts with any party except as
set forth in Schedule 2. 

  

	5.	SALE OF SHARES AND ASSIGNMENT OF RIGHTS 

  

	5.1	 Sale of Shares by Affinia. Subject to Section 5.2, Affinia may at any time, free from restriction or rights of any type of refusal of any
person whatsoever, sell its Shares in part or in whole in the Company to any person or entity at its absolute sole discretion and cease participating in the operation and management of the Company, Haimeng or any of their related companies or
businesses, provided that prior to any such sale of its Shares in the Company, Affinia shall notify Zhang of such sale in advance as required by Section 11 and grant Zhang a right of first negotiation of such sale with Affinia
where Zhang may at his sole discretion, within 30 days after Affinia’s notification, make an offer to purchase the business to be sold by Affinia (which may include more than the Shares in the Company) and Affinia may exercise its sole
discretion to decide whether it will accept the offer. If Affinia declines the offer made by Zhang, Affinia shall then have the right to sell the business to any other person, provided that the purchase price paid and other terms and
conditions of the sale provided by such other person for the business to be sold shall be more favorable to 

  

 11 

	 	 
Affinia than the purchase price and other terms and conditions offered by Zhang. If Affinia decides to exercise such right to sell the business to such other person based on a purchase price and
other terms and conditions more favorable to a buyer than the purchase price and other terms and conditions offered by Zhang, Affinia shall first offer Zhang an opportunity to match up with such more favorable purchase price and other terms and
conditions. If Zhang fails to so match up within five (5) business days after Affinia offers the opportunity, Affinia shall have the right to freely sell the business to a third party that offers the more favorable purchase price and other
terms and conditions. Under the circumstances where Zhang offers the same conditions for purchase of the business as such other person offers, if Affinia decides to accept an offer so made, Affinia shall accept the offer made by Zhang and sell the
business to Zhang and Zhang shall purchase the business from Affinia based on the conditions he offers. 

  

	5.2	Acceptable Assignment by Affinia. Affinia may assign any or all of its rights or obligations under this Agreement to any of its Affiliate, provided
that it concurrently sends notice to Zhang as provided for in Section 11. Zhang hereby consents to the above sale and transfer and waives any right of any type of refusal he may have by operation of any law or otherwise. Subject to
Sections 5.3 and 5.4 below, Zhang may assign his rights or obligations under this Agreement, whether or not such assignment is in exchange for consideration or involves a transfer of Zhang’s interest in the share capital of the Company.

  

	5.3	Sale of Shares by Zhang. Upon the Closing, Zhang shall own the remaining fifteen percent (15%) Shares of the Company (the “Remaining
Shares”). Within three (3) years after the Closing Date, Zhang shall not transfer, assign, whether or not for consideration, pledge as security for any debt, place into any trust, or take any action which would in any way encumber or
cause a lien or attachment upon any of the Remaining Shares to any third party or parties without Affinia’s prior written consent. Upon the expiration of such three-year period, Zhang may sell the Remaining Shares to a third party or parties,
provided that (i) the Remaining Shares shall not be sold in part, but in whole at once; (ii) the potential buyer of the Remaining Shares shall not be in the vehicular brake drum or disc industry or any other industries or
businesses constituting direct or indirect competition against the Company, Haimeng or Affinia; and (iii) the sale or transfer of the Remaining Shares by Zhang shall be subject to Affinia’s right of first and right of last refusal set
forth below. 

 Under Affinia’s such right of first and right of last refusal, when Zhang plans to sell the
Remaining Shares, Zhang shall make a written offer to Affinia first before any offer can be made to any third party potential buyer. If Affinia rejects Zhang’s such offer within thirty (30) days after receipt thereof, Zhang may offer the
Remaining Shares to a third party or parties. If a potential buyer of the Remaining Shares proposes terms and conditions of purchase acceptable to Zhang, Zhang shall re-inquire if Affinia is willing to purchase on the same terms and conditions
offered by such potential buyer. Within another thirty (30) days after receipt of notice of such potential buyer’s agreement to purchase the Remaining Shares, Affinia shall inform Zhang if Affinia will purchase the Remaining Shares under
the same terms and conditions offered by such potential buyer. If Affinia decides to purchase the Remaining Shares under the same terms and conditions offered by such potential buyer, the Remaining Shares shall be sold to Affinia under such terms.
However, in 
  

 12 

 
the event that Affinia rejects such offer or remains silent upon the expiration of such additional thirty (30) day period, Zhang may sell the Remaining Shares to the potential buyer
according to such terms and conditions previously proposed by the potential buyer and acceptable to Zhang. Any change of such terms and conditions shall constitute a breach by Zhang of this provision and render the offer of the potential buyer and
sale to it void. Zhang shall have an affirmative obligation to inform any and all third party or parties of Affinia’s right of first and last refusal as specified herein. 

 

	5.4	Calculation of Sale Price for the Remaining Shares. If Affinia decides to purchase the Remaining Shares from Zhang within three (3) years after the Closing
Date, Zhang agrees that he shall sell and transfer the Remaining Shares to Affinia at the price to be calculated and based on the formula as set forth in Schedule 3 attached hereto. 

 

	5.5	Transfer of Shares Free of Encumbrances. Zhang shall transfer to Affinia or its nominee in accordance with this Section 5, free from any Encumbrances, the
Remaining Shares together with any and all benefits and rights including, without limitation, dividend or voting rights attached or accrued to them, and undistributed profits rights attached or accrued to them. Upon such transfer, this Agreement
shall terminate with immediate effect. 

  

	6.	ADDITIONAL FUNDING AND CAPITAL CONTRIBUTIONS 

  

	6.1	Additional Funding and Capital Contributions. If the Board of the Company or Haimeng at any time or from time to time determines that funding and/ or capital
contributions to the Company or Haimeng are necessary to conduct the Company’s or Haimeng’s business activities, then: 

  

	 	(a)	each of Affinia and Zhang shall promptly make a cash contribution or readily available funds to the Company, or in the case of Haimeng, shall procure the Company to,
and the Company shall, make such cash contribution or readily available funds to Haimeng by injecting the same to the Company, the proportion of which should be equal to Affinia’s and Zhang’s respective ownerships in the Company and/ or
Haimeng; 

  

	 	(b)	a written notice of request for additional funding and capital contributions shall be sent to Affinia, Zhang and the Company, as the case may be, which shall specify
the amount required (which shall be on the same terms for all of Affinia, Zhang and the Company) and the date on which the funding is required. Affinia, Zhang and/or the Company shall make available to the Company and/or Haimeng, as the case may be,
any required funding and/or capital contributions in cash or readily available funds on such date so required; and 

  

	 	(c)	a Party and/or the Company which is unable to make the additional funding and/or capital contributions as specified herein shall unconditionally agree to dilute the
Shares of the Company, and indirectly, the equity interests of Haimeng, held thereby accordingly if the other Party has paid such other Party’s share of the additional funding and capital contributions as specified herein in due course, subject
to satisfaction of related legal requirements and procedures. 

  

 13 

	6.2	Exception. Except as otherwise specified in this Agreement, neither Affinia nor Zhang nor the Company shall be obliged to provide any financial support or
guarantee or other security in respect of any obligations or liabilities from time to time of the Company and/or Haimeng or any of their respective subsidiary (if any). 

 

	6.3	Loans to the Company. Each of Affinia, as authorized by its board, and Zhang may, but is not obliged to, make shareholder’s loans to the Company from time
to time, under the terms and conditions of a loan agreement reached at arm’s length. 

  

	6.4	Loans to Haimeng. The Company may, but is not obliged to, upon the injection of loans by Affinia and Zhang to the Company and under the direction of the Board of
the Company, make shareholder’s loan to Haimeng from time to time. 

  

	6.5	Dividend Payment. If each year the Company and/or Haimeng has certain after-tax net profits available for declaration and distribution to its respective
shareholder(s), as the case may be, the relevant board of such entity shall determine in its sole discretion whether the after-tax net profits will be declared as dividend and distributed to the relevant shareholder(s). If the relevant board decides
that the after-tax net profits will not be declared as dividend and distributed but be retained by such entity for further business development, any shareholder of such entity may demand that its or his entire or partial portion of the after-tax net
profits that it or he is entitled to based on its or his respective percentage of direct or indirect shareholding in the Company and/or Haimeng be declared as dividend and distributed. Under such circumstances, the relevant board will accommodate
the wish of such shareholder and declare and distribute to the shareholder that portion of the after-tax net profits so demanded by the shareholder, and such shareholder hereby agrees that due to such distribution the percentage of its or his direct
or indirect shareholding in the Company and/or Haimeng will be diluted based on the following formula, and its and his ownership right in the Company and/or Haimeng, including but not limited to, right in future distribution, board representation
and liquidation, will be diluted accordingly: 

  

	 	(a)	Step One. Each of Affinia and Zhang shall promptly procure the Company to, and the Company shall promptly, determine the value (the “Value”) of
the whole Company and/or Haimeng based on Schedule 3 of this Agreement. 

  

	 	(b)	Step Two. Each of Affinia and Zhang shall promptly procure the Company to, and the Company shall promptly, determine the Value of per share of the Company as
follow: 

 Value Per Share = Value of the Company Determined in Step One 

                      
÷ total then current issued outstanding shares of the Company 
  

	 	(c)	Step Three. Each of Affinia and Zhang shall promptly procure the Company to, and the Company shall promptly, determine the number of new shares of the Company to
be issued to the shareholder who will reinvest its or his share of the dividend or net profits in the Company and/or Haimeng it or he is entitled to as follows: 

New Shares to be Issued = Dividend/Net Profits Entitled and Reinvested 

                       
             ÷ Value Per Share obtained in Step Two 
  

 14 

	 	(d)	Step Four. Each of Affinia and Zhang shall promptly procure the Company to, and the Company shall promptly, issue the number of the new shares to the shareholder
who has reinvested its or his share of the dividend or net profits in the Company and/or Haimeng it or he is entitled to as determined in Step Three above. 

 

	 	(e)	Step Five. Each of Affinia and Zhang shall promptly procure the Company to, and the Company shall promptly, recalculate the percentage of shareholding of each
shareholder in the Company and/or Haimeng by including the new shares issued. 

  

	 	(f)	Step Six. The Parties shall, they shall promptly procure the Company and/or Haimeng to, and the Company shall promptly, handle any and all registration and
filing formalities, execute and amend any and all documents, and do all other acts necessary to reflect the relevant shareholding percentage change as a result of the transaction set forth in this Section 6.5. 

 

	7.	CONFIDENTIALITY 

  

	7.1	Confidentiality Obligations. Each of the Parties and the Company undertakes to the other Party and the Company that he or it shall not, and that he or it shall
procure his or its respective officers, employees, agents, consultants, professional advisors and Affiliates and the respective officers, employees and agents of each such Affiliate (together, “Holders of Confidential Matters” and
each such person a “Holder”) not to, for the duration of this Agreement or anytime thereafter, for whatever reason, except in the proper performance of this Agreement or of the Contract or for the reasons outlined in this
Section 7, and in those cases with the prior written consent of the other Party, use or divulge to any person, or publish or disclose or permit to be published or disclosed any fact or information falling under the following categories
(together, “Confidential Matters”): 

  

	 	(a)	this Agreement; 

  

	 	(b)	the Contract; 

  

	 	(c)	the limitations on the operation of the Company specified in Section 3.2; 

 

	 	(d)	documents, electronic recordings or other information regarding the operations or governance of the Company other than as required in the ordinary course of business;

  

	 	(e)	the proceedings or decisions of the Board of Directors; 

  

	 	(f)	the proceedings or decisions of any meeting of the Shareholders of the Company, whether annual or extraordinary; 

 

	 	(g)	that Party’s respective shareholding in the Company; or 

  

	 	(h)	Information regarding either Party and the Company (as defined in Section 8.4 of the Contract). 

 

 15 

	7.2	Additional Confidentiality Obligations of Zhang. Zhang shall undertake that he shall, during the term of the Contract or anytime thereafter, and he shall, prior
to the Closing Date, cause the Company and Haimeng to undertake that the existing officers and employees of the Company and Haimeng, for whatever reason, except in the proper performance of this Agreement and of the Contract and with the prior
written consent of Affinia, shall not use or divulge to any person, or publish or disclose or permit to be published or disclosed, any secret, confidential or proprietary Information relating to Affinia, the Company, Haimeng or an Affiliate thereof,
nor any Confidential Matter, that such officers or employees have received or obtained or may receive or obtain (whether or not, in the case of documents, they are marked as confidential) in connection with Affinia, the Company or Haimeng or the
respective businesses or assets of Affinia, the Company or Haimeng, this Agreement or the transactions contemplated hereby. Zhang covenants that he shall, during the term of the Contract and anytime thereafter, and he shall, prior to the Closing
Date, procure that the respective officers, employees, agents, consultants or professional advisors of the Company and Haimeng and their Affiliates and the respective officers, employees and agents of each such Affiliate to, take all reasonable
measures in order to enforce his, her, its or their, as the case may be, confidentiality obligations in Sections 7.1 and 7.2 as if they were a party to this Agreement. 

 

	7.3	Exceptions. The restrictions and obligations of Sections 7.1 and 7.2 shall not apply to: 

 

	 	(a)	the disclosure of a Confidential Matter that the disclosing Holder can reasonably demonstrate was in the public domain through no fault of its own and other than by
reason of any breach by any person of a legally binding obligation of confidentiality with respect to the relevant Confidential Matter; 

  

	 	(b)	the disclosure of a Confidential Matter where the disclosure is required by Law, pursuant to a court order, by the rules and regulations of any securities exchange on
which the securities of a Holder are listed (or to which a Holder (or an Affiliate thereof) is subject) or by any Governmental Body or other regulatory body; provided that the Holder concerned shall, to the extent practicable, provide
in advance a draft of any such required disclosure to the affected Holder and incorporate any modifications reasonably requested by the affected Holder; 

  

	 	(c)	the disclosure of a Confidential Matter in confidence to any professional adviser to a Holder for the purpose of obtaining advice or assistance in connection with its
obligations or rights, or the obligations or rights of such Holder hereunder, if the recipient has entered into, or is otherwise subject to, obligations of confidentiality substantially similar to those contained in this Section 7; or

  

	 	(d)	the disclosure of a Confidential Matter by Affinia to any person who is not a competitor of Zhang and is a potential financing provider or purchaser or subscriber for
any or all of the Shares or assets or undertaking of Affinia or his or its Affiliate or for other similar business purposes, if the recipient has entered into obligations of confidentiality substantially similar to those contained in this
Section 7. 

  

 16 

	7.4	Security Measures. Each person who becomes a Holder by receiving a Confidential Matter shall: 

 

	 	(a)	establish and maintain effective security measures to safeguard the Confidential Matter from unauthorized access or use (including at a minimum using the degree of care
that it takes to protect its own confidential information of a similar nature); 

  

	 	(b)	keep the Confidential Matter under its control; and 

  

	 	(c)	immediately notify any affected Party hereunder or Affiliate thereof of any suspected or actual unauthorized use, copying or disclosure of the Confidential Matter.

  

	7.5	Provision of Assistance. Each Party that receives a Confidential Matter shall provide assistance, reasonably requested by any affected Party or Affiliate thereof
in relation to any proceedings that the affected Party or Affiliate may take against any person for unauthorized use, copying or disclosure of the affected Party’s or Affiliate’s Confidential Matter. 

 

	8.	TERMINATION AND SURVIVAL 

  

	8.1	Termination. This Agreement may be terminated prior to the Closing Date as follows: 

 

	 	(a)	if the Contract is terminated by the breach of one of the Parties, by the non-breaching Party; 

 

	 	(b)	if the Contract is terminated by the mutual written consent of both of the Parties, by either Party; 

 

	 	(c)	if the Contract is terminated on the election of either Party, by the non-electing Party; 

 

	 	(d)	at the election of Affinia, if any one of the conditions set forth in Section 4 of this Agreement or in Sections 4 and 5 of the Contract has not been fulfilled as
of the Closing Date; 

  

	 	(e)	at the election of either Zhang or Affinia, if any legal proceeding is commenced or threatened by any Governmental Body seeking to prevent the consummation of the
transactions contemplated hereby and Zhang or Affinia, as the case may be, reasonably and in good faith deems it impracticable or inadvisable to proceed in view of such legal proceeding; 

 

	 	(f)	at the election of Zhang, if Affinia has breached any material representation, warranty, covenant or agreement contained in this Agreement or the Contract, which breach
cannot be or is not cured by Affinia by the Closing Date; 

  

	 	(g)	at the election of Affinia, if Zhang has breached any material representation, warranty, covenant or agreement contained in this Agreement or the Contract, which breach
cannot be or is not cured by Zhang by the Closing Date; 

  

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	 	(h)	at any time on or prior to the Closing Date, by mutual written consent of the Zhang and Affinia; or 

 

	 	(i)	at the election of either Party if the Closing has not occurred on November 30, 2008, which election shall be made within sixty (60) days thereafter.

  

	8.2	Force Majeure. 

  

	 	(a)	The failure or delay of a Party to perform any obligation under this Agreement solely by reason of acts of God, acts of government (except as otherwise enumerated in
this Agreement), riots, wars, strikes, lockouts, accidents in transportation, or other causes beyond its control (“Force Majeure”) shall not be deemed to be a breach of this Agreement; provided, however, that the Party
so prevented from complying with this Agreement shall continue to take all actions within its power to comply as fully as possible with this Agreement. 

  

	 	(b)	Except where the nature of the event shall prevent it from doing so, the Party suffering such Force Majeure shall notify the other Party in writing within fourteen
(14) days after the occurrence of such Force Majeure and shall in every instance, to the extent it is capable of doing so, exercise its best efforts to remove or remedy such cause with all reasonable dispatch. 

 

	8.3	Survival of Certain Sections. If this Agreement terminates pursuant to Section 8.1 and the transaction contemplated by this Agreement is not consummated,
this Agreement shall become null and void and have no further force or effect, except that any such termination shall be without prejudice to the rights of a Party on account of the non-satisfaction of the conditions set forth in Sections 4, 5, 7,
9.1, 9.3, 9.4, 11 and 13 resulting from the intentional or willful breach or violation of the representations, warranties, covenants or agreements of the other Party under this Agreement. Notwithstanding anything in this Agreement to the contrary,
Sections 4, 5, 7, 9.1, 9.3, 9.4, 10, 11 and 13 shall survive any termination of this Agreement. 

  

	9.	GOVERNING LAW AND DISPUTE RESOLUTION 

  

	9.1	Governing Law. The formation, validity, interpretation, execution and settlement of disputes under this Agreement shall all be governed by the officially
published and publicly available laws of Hong Kong. When the officially published and publicly available laws of Hong Kong do not cover a certain matter, international legal principles and practices will apply. 

 

	9.2	Friendly Consultation. Any dispute, controversy or claim arising out of or relating to this Agreement, or the performance, interpretation, breach, termination or
validity hereof, shall first be resolved through friendly consultation. Such consultation shall begin immediately after one Party has delivered to the other Party a written request for such consultation stating specifically the nature of the
dispute, controversy or claim. If within thirty (30) days following the date on which such notice is given the dispute cannot be resolved, the dispute shall be submitted to arbitration upon the request of a Party with notice to the other Party.

  

 18 

	9.3	Place of Arbitration and Appointment of Arbitrator. The arbitration shall take place at the Hong Kong International Arbitration Centre (“Arbitration
Center”) in Hong Kong. Any such arbitration shall be administered by the Arbitration Center in accordance with its procedures for arbitration. Zhang shall select one arbitrator, and Affinia shall select one arbitrator within thirty
(30) days after giving or receiving the demand for arbitration. Such arbitrators shall be freely selected, and the Parties shall not be limited in their selection to any prescribed list. The Arbitration Center shall select the third arbitrator.
If a Party to the dispute does not appoint an arbitrator who has consented to participate within 30 days after the selection of the first arbitrator, the relevant appointment shall be made by the Arbitration Center. 

 

	9.4	Arbitration Proceedings. If the arbitration proceedings are initiated by Zhang, the arbitration proceedings shall be conducted in English with simultaneous
Chinese translation being provided. If the arbitration proceedings are initiated by Affinia, the arbitration proceedings shall be conducted in Chinese with simultaneous English translation being provided. The arbitration tribunal shall apply the
UNCITRAL Arbitration Rules in effect at the time of the arbitration. However, if such rules are in conflict with the provisions of this Section 9, the provisions of this Section 9 shall prevail. Each Party shall cooperate with the other
Party in making full disclosure of and providing complete access to all information and documents requested by the arbitrator and the other Party in connection with such proceedings. The losing Party shall bear the arbitration costs unless otherwise
ruled by the arbitration tribunal. The award of the arbitration tribunal shall be final and binding upon the Parties, and the winning Party may, at the cost and expense of the losing Party, apply to any court of competent jurisdiction for
enforcement of such award. 

  

	9.5	Preservation of Rights. In order to preserve its rights and remedies, a Party shall be entitled to seek preservation of property, an injunction or other interim
relief in accordance with Law from any court of competent jurisdiction or from the arbitration tribunal pending the final decision or award of the arbitration tribunal. During the period when a dispute is being resolved, except for the matter being
disputed, the Parties shall in all other respects continue their implementation of mis Agreement and the Contract. 

  

	9.6	Consent to Jurisdiction. Each Party irrevocably consents to the service of process, notices or other papers in connection with or in any way arising from the
arbitration or the enforcement of any judgment or arbitral award, by use of any of the methods and to the addresses set forth in Section 11 hereof for the giving of notices. Nothing contained herein shall affect the right of a Party to serve
such processes, notices or other papers in any other manner permitted by applicable Law. 

  

	10.	INDEMMFICATION 

  

	10.1	Indemnification. Each Party (an “Indemnifying Party”) shall indemnify, defend and hold each other Party and such Party’s officers,
directors and employees (each, an “Indemnified Party”) harmless from and against any and all damages, lawsuits, costs, expenses, fines and penalties, including reasonable attorney fees and interest incurred by the Indemnified Party,
in connection with or arising from (a) any breach of, or inaccuracy in, any representation or warranty of the Indemnifying Party contained in this Agreement, and (b) any failure by the Indemnifying Party to perform any covenant or
agreement to be performed by it under this Agreement. 

  

 19 

	10.2	Indemnification by Zhang. 

  

	 	(a)	Zhang agrees that he shall indemnify Affinia against any loss, cost, liability, or expense (including, without limitation, costs and expenses of litigation and, to the
extent permitted by Law, reasonable attorney’s fees) incurred by Affinia by reason of (a) the incorrectness of any of the representations or warranties, or the breach of any of the covenants or agreements of Zhang contained in this
Agreement or in any other instrument executed or delivered by Zhang in connection with this Agreement or given on or before the Closing Date; (b) Zhang’s breach, on or before the Closing Date, of any agreements with third parties in
connection with the Company and/or Haimeng; or (c) the assertion against Affinia or the Company and/or Haimeng of any liability or obligation of the Company and/or Haimeng arising or accruing prior to the Closing Date. 

 

	 	(b)	To recover amounts eligible for indemnification under Section 10.2 (each an “Indemnification Amount”), Affinia may withdraw the Escrow Funds from
the Escrow Account pursuant to Schedule 16 of the Contract. If the Escrow Funds are less than an Indemnification Amount Affinia is entitled to withdraw (the difference is hereinafter referred to as an “Indemnification Shortfall”),
Zhang shall make up the Indemnification Shortfall to Affinia through payment of cash within 60 days after such shortfall is ascertained by Affinia. If Zhang fails to make up the Indemnification Shortfall within such 60 day period, Affinia may
purchase the Remaining Shares from Zhang such that the value of those Remaining Shares so purchased equals the Indemnification Shortfall. For the purpose of this Section 10.2 only, the Remaining Shares shall be valued equally to their option
value as determined by Schedule 3 hereto. The costs, taxes and fees associated with such a purchase under this Section shall be borne exclusively by Zhang and shall not be counted as payment of any Indemnification Amount. 

 

 20 

	10.3	Maximum Indemnification. The maximum amount that Zhang shall indemnify under this Section 10 shall not exceed 50% of the total Purchase Price as set forth
in the Contract. 

  

	11.	NOTICE 

  

	11.1	Delivery of Notices. Notices or other communications required to be given by a Party and the Company pursuant to this Agreement shall be written in English and
delivered in person or sent in letter form or by facsimile to the address of each other Party and the Company set forth below or to such other address as may from time to time be designated by such other Party through written notification to such
Party and the Company. The dates on which notices shall be deemed to have been effectively given shall be determined as follows: 

  

	 	(a)	notices given by personal delivery shall be deemed effectively given on the date of personal delivery; 

 

	 	(b)	notices given in letter form shall be deemed effectively given on the seventh Business Day after the date mailed (as indicated by the postmark) by registered airmail,
postage prepaid, or the fourth Business Day after delivery to an internationally recognized courier service; and 

  

	 	(c)	notices given by facsimile shall be deemed effectively given on the first Business Day following the date of transmission as indicated on the transmission confirmation
slip of the document in question. 

  

	11.2	Addresses. Notices shall be sent to: 

If sent to Zhang: 

Mr. Zhang Haibo 

c/o Longkou Haimeng Machinery Company Limited 

Huangshan Haimeng Industrial Park, Longkou City 

Shandong Province 265715, China 

Telephone: 86-535-8887000 

Fax: 86-535-8880266 
  

 21 

 If sent to Affinia: 

Attention to: General Counsel 

c/o Affinia Group Inc. 

1101 Technology Drive, 

Ann Arbor, MI 48108, U.S.A. 

Telephone: 1-734-8275430 

Fax: 1-734-8275403 

If sent to the Company: 

Attention to: HBM Investment Limited c/o Rick Pizarek 

2601 Tian’an Center, 338 West Nanjing Road, Shanghai 200003, China 

Telephone: 86-21-63723311 

Fax: 86-21-63599139 
  

	12.	LEGAL REPRESENTATION 

  

	12.1	Legal Representation. Zhang understands and acknowledges that Dorsey and Whitney LLP solely acts for Affinia only in relation to the negotiation and drafting of
this Agreement and all other ancillary documents pertaining thereto. Zhang shall and was requested to seek independent legal advice in this regard. 

  

	13.	MISCELLANEOUS 

  

	13.1	No Agency. This Agreement shall not be construed as creating a relationship of agency between the Parties, nor between the Parties and the Company.

  

	13.2	Entire Agreement. This Agreement (including all the Schedules attached hereto) and other documents delivered hereunder represent the entire understanding and
constitutes the whole agreement between the Parties with respect to the subject matter hereof and supersedes all previous agreements, understandings, statements or representations, either oral or in writing, between the Parties relating to the
subject matter hereof; provided that this Section shall not be construed as affecting, superseding, rescinding, negating or releasing either Party from its obligations under the Contract and any ancillary document delivered pursuant to
the Contract. Any conflict between the terms of this Agreement and the terms of the Contract shall be resolved by adhering to the terms of the Contract. 

  

	13.3	Schedules. The Schedules attached hereto and other documents delivered pursuant hereto are hereby made part of this Agreement as if set forth in full herein.

  

	13.4	Successors and Assigns. This Agreement will be binding upon the Parties and their respective successors and assigns. 

 

 22 

	13.5	Waivers. No waiver of any provision of this Agreement shall be effective unless set forth in a written instrument signed by the Party waiving such provision. No
failure or delay by a Party in exercising any right, power or remedy under this Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of any right, power or remedy hereunder preclude any further exercise thereof or
the exercise of any other right, power or remedy. Without limiting the foregoing, no waiver by a Party or any breach by the other Party of any provision hereof shall be deemed to be a waiver of a subsequent breach of that or any other provision
hereof. 

  

	13.6	Amendment. This Agreement may be amended, modified or supplemented only by a written instrument or instruments executed by each of the Parties.

  

	13.7	Signature by Counterparts. This Agreement (or any agreement that amends, modifies or supplements this Agreement) may be executed in any number of counterparts
and by the Parties in separate counterparts, including counterparts transmitted by telecopier or facsimile, each of which when so executed shall be deemed to be an original and all of which when taken together shall constitute one and the same
agreement. 

  

	13.8	Further Assurances. Each Party shall execute all such documents and do all such other things within its power as may be required to give full effect to the terms
of this Agreement or to vest in the other Party his or its full rights and entitlements hereunder. 

  

	13.9	Language. This Agreement is executed in Chinese and English in eight (8) counterparts in each language. Both language versions shall be of equal legal
effect. Each Party acknowledges that it has reviewed both language texts of this Agreement and that they are the same in all material respects. If there is a conflict between the Chinese version and the English version, the Parties shall first
attempt to resolve the conflict in accordance with Section 9.2, failing which the dispute shall be resolved through arbitration in accordance with Sections 9.3 and 9.4. 

 

	13.10 	Severability. In the event any one or more of the provisions contained in this Agreement should be held under any Law or regulation to be invalid, illegal or
unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein shall not in any way be affected or impaired thereby, nor shall either Party be released from its obligations to perform under the
remaining provisions of this Agreement and the Contract. The Parties shall endeavor in good faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions, the economic effect of which comes as close as possible
to that of the invalid, illegal or unenforceable provisions. 

 [THE REMAINDER OF THIS PAGE IS INTENTIONALLY
LEFT BLANK] 
  

 23 

 IN WITNESS WHEREOF, this Agreement was executed by each of Zhang, Affinia and the Company on the 6
day of November, 2008. 
 SIGNED SEALED AND DELIVERED by 

ZHANG HAIBO 

	
	
	/s/ Zhang Haibo

  

 

			
	 SIGNED by
 for and on behalf
of
 AFFINIA ACQUISITION LLC
	 	
		
	/s/ Steven E. Keller	 	/s/ Richard A. Pizarek
	 	 	 
	 Name: Steven E. Keller

Title: Secretary
	 	 Name: Richard A. Pizarek

Title: Vice President

  

 

	
	 SIGNED by
 for and on behalf
of
 HBM INVESTMENT LIMITED

	
	/s/ Zhang Haibo
	 
	 Name: Zhang Haibo
 Title:
Director

  

 24

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