Document:

EXHIBIT 10.15

 

DANA HOLDING CORPORATION

NONQUALIFIED STOCK OPTION AGREEMENT

 

1.           The
Award and the Plan. As of the Date of Grant set forth in the Award Notification (“Award Notification”) preceding
or accompanying this Nonqualified Stock Option Agreement (the “Agreement”), Dana Holding Corporation (together with
its successors, “Dana”) grants to you an Option Right (the “Option”) to purchase the number of its shares
of Common Stock at the price per share which represents at least the Market Value Per Share on the Date of Grant (the “Option
Price”) all as set forth in the Award Notification. The Option is intended as a nonqualified stock option and will not be
treated as an “incentive stock option” within the meaning of that term under Section 422 of the Code. Certain terms
used in this Agreement are defined in Section 22 below. Any undefined terms in this Agreement appearing as defined terms will have
the same meaning as they do in the Dana Holding Corporation 2012 Omnibus Incentive Plan, as amended and/or restated from time to
time (the “Plan”). Dana will provide a copy of the Plan to you upon request.

 

2.           Right
to Exercise.

 

(a)          Subject
to Sections 2(b), (c) and (d), 4 and 6 below, the Option will become exercisable as set forth in the Award Notification if you
remain continuously employed by either Dana or any Subsidiary until such time. To the extent the Option is exercisable, it may
be exercised in whole or in part.

 

(b)          Notwithstanding
Section 2(a) above, the Option will become immediately exercisable in full and remain exercisable until terminated in accordance
with Section 4 below if, at any time prior to the termination of the Option, a Change in Control shall have occurred.

 

(c)          Notwithstanding
Section 2(a) above, if your employment with Dana or any Subsidiary terminates by reason of death, Disability or Normal Retirement,
the Option will immediately become exercisable in full and will remain exercisable until terminated in accordance with Section
4 below.

 

(d)          Notwithstanding
the foregoing provisions of this Section 2, Dana may provide at any time before the termination of the Option that any portion
or all of the Option will become exercisable.

 

(e)          Any
portion of the Option that has not yet become exercisable as of your termination of employment by Dana and its Subsidiaries shall
terminate upon such employment termination and not become exercisable.

 

3.           Payment.
The Option Price will be payable (a) in cash or by check or by wire transfer of immediately available funds, as acceptable to Dana,
(b) by actual or constructive transfer to Dana of nonforfeitable, unrestricted shares of Common Stock owned by you, (c) by means
of a broker-assisted cashless exercise, (d) by the withholding of shares of Common Stock from delivery with a value equal
to some portion or all of the Option Price or (e) by a combination of such methods of payment.

 

4.           Termination.
The Option will terminate on the earliest of the following dates:

 

(a)          The
date on which you cease to be an employee of Dana or any Subsidiary, if your employment with Dana or a Subsidiary is terminated
for Cause;

 

    	 

    	 

    

 

(b)          Six
(6) months after you cease to be an employee of Dana or a Subsidiary, unless you cease to be an employee by reason of death, Disability,
Normal Retirement or termination for Cause;

 

(c)          One
(1) year after your death if you die while an employee of Dana or a Subsidiary (in which case the Option becomes immediately exercisable
in full pursuant to Section 2(c) herein);

 

(d)          Three
(3) years after your termination for Disability (as described in Section 2(c) above) while an employee of Dana or a Subsidiary;
and

 

(e)          Ten
(10) years from the Date of Grant.

 

5.           Option
Nontransferable. The Option is not transferable by you otherwise than by will or the laws of descent and distribution.

 

6.           Compliance
with Law. Notwithstanding any other provision of this Agreement, the Option will not be exercisable if such exercise would
result in a violation of any applicable federal or state securities law.

 

7.           Adjustments.
Dana will make any adjustments in the Option Price and in the number or kind of shares of Common Stock or other securities covered
by the Option that Dana may determine to be equitably required to prevent any dilution or expansion of your rights under this Agreement
that otherwise would result from any (a) stock dividend, stock split, reverse stock split, combination of shares, recapitalization
or other change in the capital structure of Dana, (b) merger, consolidation, spin-off, split-off, spin-out, split-up, separation,
reorganization, partial or complete liquidation involving Dana or other distribution of assets, issuance of rights or warrants
to purchase securities of Dana, or (c) other transaction or event having an effect similar to any of those referred to in Section
7(a) or 7(b) hereof. Furthermore, in the event that any transaction or event described or referred to in the immediately preceding
sentence will occur, Dana may provide in substitution of any or all of your rights under this Agreement such alternative consideration
as Dana may determine in good faith to be equitable under the circumstances. In addition, if the Option Price is greater than the
consideration offered in connection with any such transaction or event or Change in Control, the Board or a committee thereof may
in its sole discretion elect to cancel the Option without any payment to you in respect of the Option.

 

8.           No
Dividend Equivalents. You will not be entitled to dividend equivalents.

 

9.           Taxes
and Withholding. To the extent that Dana is required to withhold any federal, state, local or foreign tax in connection with
the exercise of the Option, and the amounts available to Dana for such withholding are insufficient, it will be a condition to
such exercise that you pay such taxes or make arrangements that are satisfactory to Dana for payment thereof. You may elect that
all or any part of such withholding requirement be satisfied by retention by Dana of a portion of the shares purchased upon exercise
of the Option. If such election is made, the shares so retained will be credited against such withholding requirement at the Market
Value Per Share on the date of exercise, with any fractional shares that would otherwise be delivered being rounded up to the next
nearest whole share. In no event, however, will the Market Value Per Share of the shares of Common Stock to be withheld pursuant
to this Section to satisfy applicable withholding taxes in connection with the benefit exceed the minimum amount of taxes required
to be withheld.

 

10.          Right
to Terminate Employment. The Option is a voluntary, discretionary award being made on a one-time basis and it does not constitute
a commitment to make any future awards. Nothing contained in this Agreement will confer upon you any right with respect to continuance
of employment by Dana or any Subsidiary, nor limit or affect in any manner the right of Dana or any Subsidiary to terminate the
employment or adjust your compensation.

 

    	2

    	 

    

 

11.          Relation
to Other Benefits. Any economic or other benefit to you under this Agreement or the Plan will not be taken into account or
considered as salary or compensation in determining any benefits to which you may be entitled under any profit-sharing, retirement
or other benefit or compensation plan maintained by Dana or any Subsidiary, except to the extent otherwise expressly provided under
any such plan, and will not affect the amount of any life insurance coverage available to any beneficiary under any life insurance
plan covering employees of Dana or a Subsidiary, except to the extent otherwise expressly provided under any such plan.

 

12.          Information.
Information about you and your participation in the Plan may be collected, recorded and held, used and disclosed for any purpose
related to the administration of the Plan. You understand that such processing of this information may need to be carried out by
Dana and its Subsidiaries and by third party administrators whether such persons are located within your country or elsewhere,
including the United States of America. You consent to the processing of information relating to you and your participation in
the Plan in any one or more of the ways referred to above.

 

13.          Relation
to Plan. This Agreement is subject to the terms and conditions of the Plan. In the event of any inconsistency between the provisions
of this Agreement and the Plan, the Plan will govern. The Board (or a committee of the Board) will, except as expressly provided
otherwise herein, have the right to determine any questions which arise in connection with the grant of the Option hereunder. By
your acceptance of the Option under this Agreement, you acknowledge receipt of a copy of the Prospectus for the Plan and your agreement
to the terms and conditions of the Plan and this Agreement.

 

14.          Compliance
with Section 409A of the Code. To the extent applicable, it is intended that the Option granted under this Agreement and the
Plan be a “stock right” exempt from the provisions of Section 409A of the Code, so that the income inclusion provisions
of Section 409A(a)(1) of the Code do not apply to you. This Agreement and the Plan will be administered in a manner consistent
with this intent.

 

15.          Amendments.
Any amendment to the Plan will be deemed to be an amendment to this Agreement to the extent that the amendment is applicable hereto;
provided, however, that no amendment will adversely affect the your rights under this Agreement without your consent
(provided, however, that your consent will not be required to an amendment that is deemed necessary by Dana to ensure
exemption from or compliance with Section 409A of the Code).

 

16.          Severability.
If any provision of this Agreement or the application of any provision in this Agreement to any person or circumstances is held
invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other
person or circumstances will not be affected, and the provisions so held to be invalid, unenforceable or otherwise illegal will
be reformed to the extent (and only to the extent) necessary to make it enforceable, valid and legal.

 

17.          Successors
and Assigns. Without limiting Section 5 hereof, the provisions of this Agreement will inure to the benefit of, and be binding
upon, your successors, administrators, heirs, legal representatives and assigns, and the successors and assigns of Dana.

 

 

    	3

    	 

    

 

 

18.          Governing
Law. This Agreement will be governed by and construed in accordance with the internal substantive laws of the State of Delaware,
without giving effect to any principles of conflict of laws thereof.

 

19.          Failure
to Enforce Not a Waiver. The failure of Dana to enforce at any time any provision of this Agreement shall in no way be construed
to be a waiver of such provision or of any other provision hereof.

 

20.          No
Shareholder Rights Prior to Issuance of Shares. You will have no rights as a shareholder unless and until shares of Company
Stock are issued upon exercise of the Option.

 

21.          Detrimental
Activity.

 

(a)          If
the Board or a committee thereof determines that you engaged in any Detrimental Activity, then, promptly upon receiving notice
of the Board’s finding, you shall: (i) forfeit all rights under this Agreement to the extent it remains outstanding; (ii)
in exchange for payment by Dana to you without interest of the Option Price paid by you upon exercise of the Option, return to
Dana all shares of Common Stock acquired pursuant to this Agreement to the extent then still held by or for you; (iii) with respect
to any shares of Common Stock acquired pursuant to this Agreement that are no longer held by or for you, pay to Dana the excess
of the Market Value Per Share of such shares of Common Stock on the date acquired over the Option Price paid by you upon exercise
for such shares.

 

(b)          To
the extent that such shares are not returned to or amounts are not paid to Dana, Dana may seek other remedies, including without
limitation a set off of the amounts so payable to it against any amounts that may be owing from time to time by Dana or a Subsidiary
to you for any reason, including without limitation wages, deferred compensation or vacation pay.

 

22.          Certain
Defined Terms. For purposes of this Agreement:

 

“Cause”
shall mean (i) the intentional engagement in any acts or omissions constituting dishonesty, breach of a fiduciary obligation, wrongdoing
or misfeasance, in each case, in connection with your duties or otherwise during the course of your employment with Dana or any
Subsidiary; (ii) the commission of a felony or the indictment for any felony, including, but not limited to, any felony involving
fraud, embezzlement, moral turpitude or theft; (iii) the intentional and wrongful damaging of property, contractual interests or
business relationships of Dana or any Subsidiary; (iv) the intentional and wrongful disclosure of secret processes or confidential
information of Dana or any Subsidiary in violation of an agreement with or a policy of Dana or a Subsidiary; (v) the continued
failure to substantially perform your duties for Dana or a Subsidiary; (vi) current alcohol or prescription drug abuse affecting
work performance; (vii) current illegal use of drugs; or (viii) any intentional conduct contrary to announced policies or practices
of Dana or any Subsidiary (including, but not limited to, those contained in Dana’s Code of Conduct).

 

    	4

    	 

    

 

“Detrimental
Activity” shall mean: (i) engaging in any activity of competition or solicitation prohibited by any noncompete or nonsolicitation
agreement between you and Dana or a Subsidiary; (ii) the disclosure to anyone outside Dana or a Subsidiary, or the use in other
than Dana’s or a Subsidiary’s business, (A) without prior written authorization from Dana, of any confidential, proprietary
or trade secret information or material relating to the business of Dana or its Subsidiaries and acquired by you during your employment
or other service with Dana or any of its Subsidiaries, or (B) in violation of any covenant not to disclose set forth in any agreement
between you and Dana or a Subsidiary; (iii) the (A) unreasonable failure or refusal to disclose promptly and to assign to Dana
or a Subsidiary upon request all right, title and interest in any invention or idea, patentable or not, made or conceived by you
during your service with Dana or any of its Subsidiaries and relating in any manner to the actual or anticipated business, research
or development work of Dana or any Subsidiary or the failure or refusal to do anything reasonably necessary to enable Dana or any
Subsidiary to secure a patent where appropriate in the United States or in other countries, or (B) violation of any development
and inventions provision set forth in any agreement between you and Dana or a Subsidiary; (iv) activity during your employment
by Dana or a Subsidiary that could form the basis of your termination for Cause; or (v) if you are or were an officer of Dana,
activity that the Board determines entitles Dana to seek recovery from an officer under any policy promulgated by the Board as
in effect on the date hereof.

 

“Disability”
shall mean a termination of employment under circumstances that would make you eligible to receive benefits under Dana’s
long-term disability plan, as it may be in effect from time to time, or any successor plan, program, agreement or arrangement.

 

“Normal Retirement” shall
mean termination of employment (other than termination for Cause or due to death or Disability) at or after age 60 with at least
10 years of service with Dana or a Subsidiary or at or after age 65.

 

    	5EXHIBIT
10.16

 

Dana Holding
Corporation

Restricted STOCK UNIT AWARD AGREEMENT

 

1.          The
Award and the Plan. As of the Award Date set forth in the Award Notification preceding
or accompanying this Restricted Stock Unit Award Agreement (the “Agreement”), Dana Holding Corporation (together with
its successors, “Dana”) grants to you the number of restricted stock units set forth in such Award Notification (“RSUs”).
Certain terms used in this Agreement are defined in Section 24 below. Any undefined terms in this Agreement appearing as defined
terms will have the same meaning as they do in the Dana Holding Corporation 2012 Omnibus Incentive Plan, as amended and/or restated
from time to time (the “Plan”). Dana will provide a copy of the Plan to you upon request.

 

2.          Payment
of RSUs. The RSUs covered by this Agreement will become payable to you if they become
nonforfeitable in accordance with Sections 3, 4, or 5 below.

 

3.          Vesting
of RSUs. Subject to the terms and conditions of Sections 4, 5 and 6 below, your right
to receive one hundred percent (100%) of the shares of Common Stock or cash subject to the RSUs will become nonforfeitable on the
anniversary of the Award Date set forth in your Award Notification (the “Vesting Date”) if you remain continuously
employed by Dana or any of its Subsidiaries until such time. Notwithstanding the foregoing, to the extent it would not cause imposition
of a tax under Section 409A of the Code, Dana may accelerate the vesting of the RSUs at any time in part or in full.

 

4.          Effect
of Change in Control. In the event a Change in Control occurs prior to the RSUs becoming
nonforfeitable as provided in Section 3 above and while you are an employee of Dana or any Subsidiary, the RSUs covered by this
Agreement will become nonforfeitable and payable to you. However, if the Change in Control does not constitute a “change
in control” for purposes of Section 409A(a)(2)(A)(v) of the Code, then issuance of the Common Shares underlying the RSUs
(or payment of any other form of consideration into which the Common Shares underlying the RSUs may have been converted in connection
with the Change in Control) will be made, to the extent necessary to comply with the provisions of Section 409A of the Code, to
you on the earlier of (a) your “separation from service” with Dana and its Subsidiaries (determined in accordance with
Section 409A(a)(2)(A)(i) of the Code) (or, if you are a “specified employee” as determined pursuant to procedures adopted
by Dana in compliance with Section 409A of the Code, the date of issuance or payment will be the first day of the seventh month
after the date of your separation from service with Dana and its Subsidiaries within the meaning of Section 409A(a)(2)(A)(i) of
the Code), (b) the Vesting Date, or (c) your death.

 

5.          Effect
of Termination Due to Death, Disability, Normal Retirement or Termination without Cause.
Notwithstanding Section 3 above, if your employment with Dana or any Subsidiary is terminated by reason of death or Disability,
by Dana or the Subsidiary without Cause or by you upon Normal Retirement, a prorated portion of the RSUs covered by this Agreement
will become nonforfeitable, based on the number of full months you were employed during the performance period set forth in your
Award Notification ending on the Vesting Date. Any such RSUs awarded will become payable after the Vesting Date at the same time
when eligible employees receive their RSUs.  If the event triggering the right to payment under this Agreement is the your
Normal Retirement or termination without Cause and you are a “specified employee” as determined pursuant to procedures
adopted by Dana in compliance with Section 409A of the Code, then to the extent necessary to comply with the provisions of Section
409A of the Code, the date of issuance will be the first day of the seventh month after the date of your separation from service
with Dana or any of its Subsidiaries within the meaning of Section 409A(a)(2)(A)(i) of the Code. 

 

    	 

    	 

    

 

6.          Other
Employment Terminations. In the event that your employment with Dana or a Subsidiary
terminates in a manner other than any specified in Sections 4 or 5 above, you will forfeit any RSUs that have not become nonforfeitable
by you at the time of such termination. 

 

7.          Form
and Time of Payment of RSUs. Except as otherwise provided for in Section 10, payment
for the RSUs will be made in form of shares of Common Stock or cash, at the discretion of Dana, at the time they become nonforfeitable
or otherwise become payable in accordance with Sections 3, 4 or 5 above. To the extent that Dana is required to withhold any federal,
state, local or foreign taxes in connection with the delivery of shares of Common Stock to you or any other person under this Agreement,
and the amounts available to Dana for such withholding are insufficient, it will be a condition to the receipt of such delivery
that you will pay such taxes or make arrangements that are satisfactory to Dana for payment thereof. You may elect to have the
number of shares of Common Stock to be delivered to you or such other person reduced (based on the Market Value Per Share as of
the date the RSUs become payable) to provide for the taxes required to be withheld, with any fractional shares that would otherwise
be delivered being rounded up to the next nearest whole share. In no event, however, will the Market Value Per Share of the shares
of Common Stock to be withheld pursuant to this Section to satisfy applicable withholding taxes in connection with the benefit
exceed the minimum amount of taxes required to be withheld.

 

8.          Payment
of Dividend Equivalents. From and after the Award Date and until the earlier of (a)
the time when the RSUs become nonforfeitable and payable in accordance with Sections 3, 4, or 5 above or (b) the time when your
right to receive shares of Common Stock upon payment of RSUs is forfeited in accordance with Section 6 above, on the date that
Dana pays a cash dividend (if any) to holders of shares of Common Stock generally, you will be entitled to a number of additional
RSUs (rounded down to the nearest whole number) determined by dividing (i) the product of (A) the dollar amount of the cash dividend
paid per share of Common Stock on such date and (B) the total number of RSUs (including RSUs attributable to prior dividend equivalents)
previously credited to you as of such date, by (ii) the Market Value Per Share on such date. Such dividend equivalents (if any)
will be subject to the same terms and conditions and will be settled or forfeited in the same manner and at the same time as the
RSUs to which the dividend equivalents were credited.

 

9.          RSUs
Nontransferable. Neither the RSUs granted hereby nor any interest therein or in the
shares of Common Stock related thereto will be transferable or assignable other than by will or the laws of descent and distribution
prior to payment.

 

10.         Adjustments.
Dana will make any adjustments in the number of RSUs or other securities covered by this Agreement that Dana may determine to be
equitably required to prevent any dilution or expansion of your rights under this Agreement that otherwise would result from any
(a) stock dividend, stock split, reverse stock split, combination of shares, recapitalization or other change in the capital structure
of Dana, (b) merger, consolidation, spin-off, split-off, spin-out, split-up, separation, reorganization, partial or complete liquidation
involving Dana or other distribution of assets, issuance of rights or warrants to purchase securities of Dana, or (c) other transaction
or event having an effect similar to any of those referred to in Sections 10(a) or 10(b). Furthermore, in the event that any transaction
or event described or referred to in the immediately preceding sentence will occur, Dana may provide in substitution of any or
all of your rights under this Agreement such alternative consideration as Dana may determine in good faith to be equitable under
the circumstances.

 

11.         Compliance
with Section 409A of the Code. To the extent applicable, it is intended that this
Agreement and the Plan be exempt from or comply with the provisions of Section 409A of the Code, so that the income inclusion provisions
of Section 409A(a)(1) of the Code do not apply to you. This Agreement and the Plan will be administered in a manner consistent
with this intent.

 

    	2

    	 

    

 

12.         Right
to Terminate Employment. Nothing contained in this Agreement will confer upon you
any right with respect to continuance of employment by Dana or any Subsidiary, nor limit or affect in any manner the right of Dana
or any Subsidiary to terminate the employment or adjust your compensation.

 

13.         Information.
Information about you and your participation in the Plan may be collected, recorded and held, used and disclosed for any purpose
related to the administration of the Plan. You understand that such processing of this information may need to be carried out by
Dana and its Subsidiaries and by third party administrators whether such persons are located within your country or elsewhere,
including the United States of America. You consent to the processing of information relating to you and your participation in
the Plan in any one or more of the ways referred to above.

 

14.         Relation
to Other Benefits. Any economic or other benefit to you under this Agreement or the
Plan will not be taken into account or considered as salary or compensation in determining any benefits to which you may be entitled
under any profit-sharing, retirement or other benefit or compensation plan maintained by Dana or any Subsidiary, except to the
extent otherwise expressly provided under any such plan, and will not affect the amount of any life insurance coverage available
to any beneficiary under any life insurance plan covering employees of Dana or a Subsidiary, except to the extent otherwise expressly
provided under any such plan.

 

15.         Relation
to Plan. This Agreement is subject to the terms and conditions of the Plan. In the
event of any inconsistency between the provisions of this Agreement and the Plan, the Plan will govern. The Board (or a committee
of the Board) will, except as expressly provided otherwise herein, have the right to determine any questions which arise in connection
with the grant of the RSUs. By your acceptance of the award under this Agreement, you acknowledge receipt of a copy of the Prospectus
for the Plan and your agreement to the terms and conditions of the Plan and this Agreement. 

 

16.         Amendments.
Any amendment to the Plan will be deemed to be an amendment to this Agreement to the extent that the amendment is applicable hereto;
provided, however,
that no amendment will adversely affect your rights under this Agreement without your consent (provided,
however, that your consent will not be required to an amendment that is
deemed necessary by Dana to ensure exemption from or compliance with Section 409A of the Code).

 

17.         Severability.
If any provision of this Agreement or the application of any provision in this Agreement to any person or circumstances is held
invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other
person or circumstances will not be affected, and the provisions so held to be invalid, unenforceable or otherwise illegal will
be reformed to the extent (and only to the extent) necessary to make it enforceable, valid and legal.

 

18.         Compliance
with Law. Notwithstanding any other provision of this Agreement, the RSUs covered
by this Agreement will not be paid if the payment thereof would result in violation of any applicable federal or state securities
law.

 

19.         Successors
and Assigns. Without limiting Section 9 above, the provisions of this Agreement will
inure to the benefit of, and be binding upon, your successors, administrators, heirs, legal representatives and assigns, and the
successors and assigns of Dana.

 

20.         Governing
Law. This Agreement will be governed by and construed in accordance with the internal
substantive laws of the State of Delaware, without giving effect to any principles of conflict of laws thereof. 

 

    	3

    	 

    

 

21.         Failure
to Enforce Not a Waiver. The failure of Dana to enforce at any time any provision of this Agreement shall in no way be construed
to be a waiver of such provision or of any other provision hereof.

 

22.         No
Shareholder Rights Prior to Issuance of Shares. You will have no rights as a shareholder unless and until shares of Company
Stock are issued pursuant to the terms of this Agreement.

 

23.         Detrimental
Activity.

 

(a)          If
the Board or a committee thereof determines that you engaged in any Detrimental Activity, then, promptly upon receiving notice
of the Board’s finding, you shall: (i) forfeit all rights under this Agreement to the extent it remains outstanding; (ii)
return to Dana all shares of Common Stock acquired pursuant to this Agreement to the extent then still held by or for you; (iii)
with respect to any shares of Common Stock acquired pursuant to this Agreement that are no longer held by or for you, pay to Dana
the Market Value Per Share of such shares of Common Stock on the date acquired.

 

(b)          To
the extent that such shares are not returned to or amounts are not paid to Dana, Dana may seek other remedies, including without
limitation a set off of the amounts so payable to it against any amounts that may be owing from time to time by Dana or a Subsidiary
to you for any reason, including without limitation wages, deferred compensation or vacation pay.

 

24.         Certain
Defined Terms. For purposes of this Agreement:

 

“Cause”
shall mean (i) the intentional engagement in any acts or omissions constituting dishonesty, breach of a fiduciary obligation, wrongdoing
or misfeasance, in each case, in connection with your duties or otherwise during the course of your employment with Dana or any
Subsidiary; (ii) the commission of a felony or the indictment for any felony, including, but not limited to, any felony involving
fraud, embezzlement, moral turpitude or theft; (iii) the intentional and wrongful damaging of property, contractual interests or
business relationships of Dana or any Subsidiary; (iv) the intentional and wrongful disclosure of secret processes or confidential
information of Dana or any Subsidiary in violation of an agreement with or a policy of Dana or a Subsidiary; (v) the continued
failure to substantially perform your duties for Dana or a Subsidiary; (vi) current alcohol or prescription drug abuse affecting
work performance; (vii) current illegal use of drugs; or (viii) any intentional conduct contrary to announced policies or practices
of Dana or any Subsidiary (including, but not limited to, those contained in Dana’s Code of Conduct).

 

    	4

    	 

    

 

“Detrimental
Activity” shall mean: (i) engaging in any activity of competition or solicitation prohibited by any noncompete or nonsolicitation
agreement between you and Dana or a Subsidiary; (ii) the disclosure to anyone outside Dana or a Subsidiary, or the use in other
than Dana’s or a Subsidiary’s business, (A) without prior written authorization from Dana, of any confidential, proprietary
or trade secret information or material relating to the business of Dana or its Subsidiaries and acquired by you during your employment
or other service with Dana or any of its Subsidiaries, or (B) in violation of any covenant not to disclose set forth in any agreement
between you and Dana or a Subsidiary; (iii) the (A) unreasonable failure or refusal to disclose promptly and to assign to Dana
or a Subsidiary upon request all right, title and interest in any invention or idea, patentable or not, made or conceived by you
during your service with Dana or any of its Subsidiaries and relating in any manner to the actual or anticipated business, research
or development work of Dana or any Subsidiary or the failure or refusal to do anything reasonably necessary to enable Dana or any
Subsidiary to secure a patent where appropriate in the United States or in other countries, or (B) violation of any development
and inventions provision set forth in any agreement between you and Dana or a Subsidiary; (iv) activity during your employment
by Dana or a Subsidiary that could form the basis of your termination for Cause; or (v) if you are or were an officer of Dana,
activity that the Board determines entitles Dana to seek recovery from an officer under any policy promulgated by the Board as
in effect on the date hereof.

 

“Disability”
shall mean a termination of employment under circumstances that would make you eligible to receive benefits under Dana’s
long-term disability plan, as it may be in effect from time to time, or any successor plan, program, agreement or arrangement.

 

“Normal Retirement” shall
mean termination of employment (other than termination for Cause or due to death or Disability) at or after age 60 with at least
10 years of service with Dana or a Subsidiary or at or after age 65.

 

    	5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00212-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00212-of-00352.parquet"}]]