Document:

Agreement to Resolve Objection to Cure Notice

 Exhibit 10.5 

 

 

 30009 Van Dyke Avenue 
 Warren, Michigan 48090 
 October 29, 2009 

Remy Inc. 
 STREET ADDRESS 

CITY, STATE ZIP 
 COUNTRY 

 

	 	Re:	Agreement to Resolve Objection to Cure Notice 

 Dear GM Supplier: 
 This letter is an agreement between General Motors Company
(formerly NGMCO, Inc.) (“Purchaser”) and Remy Inc., on behalf of itself and its subsidiaries and affiliates (collectively, “Supplier”), relating to the resolution of Supplier’s objection (the
“Objection”) to a notice of intent to assume and assign certain executory contracts and/or unexpired leases (the “Cure Notice”) under § 365 of the Bankruptcy Code (11 U.S.C. §§ 101 et seq.) and to
evidence the agreement whereby Purchaser is satisfying all Cure Amounts as defined in the Sale Order (as defined below). 
 On June 1, 2009 (the “Petition Date”), Motors Liquidation Company (formerly General Motors Corporation) (“Old GM”) and its debtor-subsidiaries commenced Case
No. 09-50026 (the “Bankruptcy Case”) currently pending before the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”). Old GM issued to Supplier the Cure Notice in
accordance with the Bankruptcy Court’s order approving, among other things, procedures for the sale of substantially all of GM’s assets pursuant to § 363 of the Bankruptcy Code (the “363 Transaction”), which was
entered on June 2, 2009 [Docket No. 274] (the “Sale Procedures Order”).1 Subsequently, on July 5, 2009, the Bankruptcy Court entered its Order approving the 363 Transaction. The Cure Notice identifies certain executory contracts and/or unexpired leases (each an
“Agreement” and, collectively, the “Agreements”) that Old GM proposes to assume and assign to the Purchaser in accordance with the Sale Order. The Cure Notice also sets forth GM’s proposed amount to cure all
prepetition defaults under the Agreement(s), as required by § 365(b) of the Bankruptcy Code (the “Proposed Cure Amount”). 
 On June 12, 2009, Supplier filed the Objection to the Cure Notice pocket No. 831]. 

 

	1 	 Undefined capitalized terms used in this Agreement have the meanings set forth in the Sale Procedures Order (defined below).

 For good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, Supplier and Purchaser agree as follows: 
 1. Assumption and Assignment. Effective upon the
Supplier’s and Purchaser’s execution of this letter agreement, the Agreement(s)’ status on the Contract Website shall be changed to reflect “Assumed”. 
 2. Agreed Cure Amount. To the extent not previously paid in the ordinary course of business, within five (5) business days following Supplier’s and Purchaser’s execution of this
letter agreement, Purchaser will pay to Supplier $5,216,072 (the “Agreed Cure Amount”), which represents Supplier’s and Purchaser’s agreement in satisfaction of any and all Cure Amounts (as defined in the Sale Order) in
respect of the Agreements to be assigned to Purchaser. Supplier agrees that Purchaser’s payment of the Agreed Cure Amount is in full and final satisfaction of all claims as of October 29, 2009 of Supplier against Old GM and Purchaser,
(excluding, any claims filed in this bankruptcy proceeding against Old GM regarding Supplier’s 1994 Asset Purchase Agreement with Debtor/Old GM), as the case may be, or any of their respective affiliates or subsidiaries arising under or related
to the Agreement(s) and that paragraph 25 of the Sale Order shall be in full force and effect as between Supplier and Purchaser, upon Supplier’s receipt of payment of the Agreed Cure Amount. 

3. Postpetition Obligations. Purchaser will perform all obligations that arise or come due under the Agreement(s) on or after the
Petition Date as and when such obligations come due in accordance with the Agreements(s)’ terms in the ordinary course of business (the “Postpetition Obligations”). 

4. Withdrawal of the Objection. To the extent not previously withdrawn, the Objection is withdrawn and Supplier will take all
actions necessary to withdraw promptly the objection from the Bankruptcy Court’s docket. 
 5. Confidentiality. GM
and Supplier agree that this letter agreement’s content is confidential and not intended for dissemination beyond the parties without the express written consent of each of the parties. Notwithstanding the foregoing, any party may disclose the
existence and terms of this Agreement (i) to the extent required by law or by any governmental agency or required or requested to be disclosed pursuant to legal process (including discovery requests) or in connection with any bankruptcy,
insolvency, or similar proceeding involving any of the parties, (ii) to the extent necessary to enforce this letter agreement and (iii) to any employee, officer, director, agent, affiliate, representative, investor, partner, member,
shareholder, or actual or potential financing source of such party or such party’s affiliates (provided that any such person or entity is directed to maintain such information in confidence as contemplated by this Section and that such party
shall be responsible and liable for the failure of any such person or entity to maintain such information in confidence as contemplated by this Section). 

 6. General Terms. 

(a) This letter agreement and the Sale Order together is the entire understanding of the parties in connection with the subject matter of
this letter agreement. 
 (b) The persons executing this letter agreement warrant that they have the corporate power and
authority to execute this letter agreement and that this letter agreement has been duly authorized by the parties. 
 (c) This
letter agreement may be executed in any number of counterparts and by each party hereto on separate counterparts, each of which when so executed and delivered will be an original, but all of which together will constitute one and the same
instrument. For purposes of this letter agreement, signatures obtained by facsimile or other electronic means will constitute original signatures. 
 (d) This letter agreement and the parties’ respective rights and obligations are binding upon their respective successors and assigns, and together with the rights and remedies of the parties under
this letter agreement, inure to the benefit of the parties and their respective successors and assigns. 
 (e) This letter
agreement may not be amended or modified unless the amendments or modifications are in writing signed by the parties. 
 (f) The
parties to this letter agreement acknowledge and agree that the rights and interests of the parties under this letter agreement are intended to benefit solely the parties to this letter agreement. 

(g) No delay or failure of the parties to exercise any respective right, power or privilege under this letter agreement will affect such
right, power or privilege, nor will any single or partial exercise thereof preclude any further exercise thereof, nor the exercise of any other right, power or privilege. 
 (h) Should any provision of this letter agreement be held invalid, prohibited, or unenforceable in any one jurisdiction it will, as to that jurisdiction only, be ineffective to the extent of such holding
without invalidating the remaining provisions of this letter agreement, and any such holding does not invalidate or render unenforceable that provision in any other jurisdiction wherein it would be valid and enforceable. 

(i) This letter agreement is entered into among competent persons who are experienced in business and represented by counsel, and the
parties and their respective counsel have carefully reviewed this letter agreement. Any ambiguous language in this agreement will not be construed against either party as the drafter of this letter agreement. 

(j) This letter agreement is made in the State of New York and is governed by, and construed and enforced in accordance with, the
internal laws of the State of New York, without regard to conflicts of laws principles. 
 (k) This letter agreement is subject
to all of the terms, conditions and limitations set forth in the Sale Order. In the event of any conflict between the terms of this letter agreement and the terms of the Sale Order, the terms of the Sale Order shall prevail. Nothing contained herein
shall be deemed to alter, modify, expand or diminish the terms of the Sale Order except as modified in paragraph 2 herein. 

 7. CONSULTATION WITH COUNSEL. THE PARTIES ACKNOWLEDGE THAT THEY HAVE BEEN GIVEN THE
OPPORTUNITY TO CONSULT WITH COUNSEL OF THEIR CHOICE BEFORE EXECUTING THIS LETTER AGREEMENT AND ARE DOING SO WITHOUT DURESS, INTIMIDATION, OR COERCION AND WITHOUT RELIANCE UPON ANY REPRESENTATIONS, WARRANTIES, OR COMMITMENTS OTHER THAN THOSE
REPRESENTATIONS, WARRANTIES, OR COMMITMENTS SET FORTH IN THIS LETTER AGREEMENT. 
 8. JURY TRIAL WAIVER. THE PARTIES
ACKNOWLEDGE THAT THE RIGHT TO TRIAL BY JURY IS A CONSTITUTIONAL RIGHT, BUT THAT THIS RIGHT MAY BE WAIVED. THE PARTIES EACH KNOWINGLY, VOLUNTARILY, AND WITHOUT DURESS, INTIMIDATION, OR COERCION, WAIVE ALL RIGHTS TO A TRIAL BY JURY OF ALL DISPUTES
ARISING OUT OF OR IN RELATION TO THIS LETTER AGREEMENT OR ANY OTHER AGREEMENTS BETWEEN THE PARTIES EXECUTED IN CONNECTION WITH THIS LETTER AGREEMENT. NO PARTY WILL BE DEEMED TO HAVE RELINQUISHED THE BENEFIT OF THIS JURY-TRIAL WAIVER UNLESS THE
RELINQUISHMENT IS IN A WRITTEN INSTRUMENT SIGNED BY THE PARTY TO WHICH THE RELINQUISHMENT WILL BE CHARGED. 
 [Remainder of
this page intentionally left blank ] 

 Please acknowledge your agreement to the above terms by signing in the space provided.

  

					
	Very truly yours,
	
	GENERAL MOTORS COMPANY (formerly NGMCO, Inc.)
		
	By:	 	

		 	Its:	 	Executive Director

  

					
	Acknowledged and Agreed:
	
	Remy Inc.,
	On-behalf of itself and its subsidiaries and affiliates
		
	By:	 	
 

		 	Its:	 	 PRESIDENTForm of Indemnification Agreement

 Exhibit 10.6 
 INDEMNIFICATION AGREEMENT 
 This Indemnification Agreement, dated as
of                                 
        , 20    , is made by Remy International, Inc., a Delaware corporation (the “Company”), and
                                        
(the “Indemnitee”). 
 BACKGROUND 
 The Company and Indemnitee recognize the increasing difficulty in obtaining liability insurance for directors and officers, the significant increases in the cost of such insurance and the general
reductions in the coverage of such insurance. The Company and Indemnitee further recognize the substantial increase in corporate litigation in general, subjecting directors and officers to expensive litigation risks at the same time as the
availability and coverage of liability insurance has been severely limited. Indemnitee does not regard the current protection available as adequate under the present circumstances, and Indemnitee may not be willing to continue to serve as an officer
or director of the Company without additional protection. 
 The Company’s Bylaws require the Company to indemnify its
directors and officers to the fullest extent permitted by the Delaware General Company Law (the “DGCL”). The Bylaws expressly provide that the indemnification provisions set forth therein are not exclusive, and contemplate that contracts
may be entered into between the Company and its directors and officers with respect to indemnification. The Company desires and has requested Indemnitee to serve or continue to serve as a director or officer of the Company free from undue concern
for unwarranted claims for damages arising out of or related to such services to the Company. Indemnitee is willing to serve, continue to serve or to provide additional service for or on behalf of the Company on the condition that he is furnished
the indemnity provided for herein. 
 AGREEMENT 
 NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth below, and other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties
hereto, intending to be legally bound, hereby agree as follows: 
 Section 1. Generally. 

To the fullest extent permitted by the laws of the State of Delaware: 

(a) The Company shall indemnify Indemnitee if Indemnitee was or is a party or is threatened to be made a party to any threatened, pending
or completed action, suit or proceeding, whether civil, criminal, administrative or investigative, by reason of the fact that Indemnitee is or was or has agreed to serve at the request of the Company as a director, consultant, or officer of the
Company, or while serving as a director or officer of the Company, is or was serving or has agreed to serve at the request of the Company as a director, officer, employee or agent (which, for purposes hereof, shall include a trustee, partner or
manager or similar capacity) of another corporation, partnership, joint venture, trust, employee benefit plan or other enterprise, or by reason of any action alleged to have been taken or omitted in such capacity. 

 (b) The indemnification provided by this Section 1 shall be from and against expenses
(including attorneys’ fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection with such action, suit or proceeding and any appeal therefrom, but shall
only be provided if Indemnitee acted in good faith and in a manner Indemnitee reasonably believed to be in or not opposed to the best interests of the Company, and, with respect to any criminal action, suit or proceeding, had no reasonable cause to
believe Indemnitee’s conduct was unlawful. 
 (c) Notwithstanding the foregoing provisions of this Section 1, in the
case of any threatened, pending or completed action or suit by or in the right of the Company to procure a judgment in its favor by reason of the fact that Indemnitee is or was a director, consultant, or officer of the Company, or while serving as a
director or officer of the Company, is or was serving or has agreed to serve at the request of the Company as a director, officer, employee or agent of another corporation, partnership, joint venture, trust, employee benefit plan or other
enterprise, no indemnification shall be made in respect of any claim, issue or matter as to which Indemnitee shall have been adjudged to be liable to the Company unless, and only to the extent that, the Delaware Court of Chancery or the court in
which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnity for such expenses which
the Delaware Court of Chancery or such other court shall deem proper. 
 (d) The termination of any action, suit or proceeding
by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent, shall not, of itself, create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or
not opposed to the best interests of the Company, and, with respect to any criminal action or proceeding, had reasonable cause to believe that Indemnitee’s conduct was unlawful. 

Section 2. Successful Defense; Partial Indemnification. 

(a) To the extent that Indemnitee has been successful on the merits or otherwise in defense of any action, suit or proceeding referred to
in Section 1 hereof or in defense of any claim, issue or matter therein, Indemnitee shall be indemnified against expenses (including attorneys’ fees) actually and reasonably incurred in connection therewith. For purposes of this Agreement
and without limiting the foregoing, if any action, suit or proceeding is disposed of, on the merits or otherwise (including a disposition without prejudice), without (i) the disposition being adverse to Indemnitee, (ii) an adjudication
that Indemnitee was liable to the Company, (iii) a plea of guilty or nolo contendere by Indemnitee, (iv) an adjudication that Indemnitee did not act in good faith and in a manner Indemnitee reasonably believed to be in or not opposed to
the best interests of the Company, and (v) with respect to any criminal proceeding, an adjudication that Indemnitee had reasonable cause to believe Indemnitee’s conduct was unlawful, Indemnitee shall be considered for the purposes hereof
to have been wholly successful with respect thereto. 

  
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 (b) If Indemnitee is entitled under any provision of this Agreement to indemnification by
the Company for some or a portion of the expenses (including attorneys’ fees), judgments, fines or amounts paid in settlement actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection with any action, suit,
proceeding or investigation, or in defense of any claim, issue or matter therein, and any appeal therefrom but not, however, for the total amount thereof, the Company shall nevertheless indemnify Indemnitee for the portion of such expenses
(including attorneys’ fees), judgments, fines or amounts paid in settlement to which Indemnitee is entitled. 

Section 3. Advance Payment of Expenses; Notification and Defense of Claim. 

(a) Expenses (including attorneys’ fees) incurred by Indemnitee in defending a threatened or pending civil, criminal, administrative
or investigative action, suit or proceeding, or in connection with an enforcement action pursuant to Section 4(b), shall be paid by the Company in advance of the final disposition of such action, suit or proceeding. The Company shall pay the
expenses (including attorneys’ fees) incurred by an indemnitee in defending any proceeding in advance of its final disposition provided that the Indemnitee acted in good faith and in a manner the Indemnitee reasonably believed to be not
opposed to the best interests of the Company or had no reasonable cause to believe the Indemnitee’s conduct was unlawful. The initial determination of whether any advance of expenses under this Section 3(a) is permissible shall be made, at
the election of the Indemnitee, (i) by a majority vote of the disinterested directors not parties to such proceeding, even though less than a quorum, or (ii) by a committee of such directors designated by a majority vote of such directors,
even though less than a quorum, or (iii) by independent legal counsel selected by Indemnitee with reasonable approval of an officer duly authorized by the Board of Directors (such approval to be limited to such legal counsel’s
independence), or (iv) by the stockholders. The reasonable fees and expenses of any special legal counsel engaged to determine the permissibility of advance of expenses shall be borne by the Company. The payment of expenses incurred by an
Indemnitee in advance of the final disposition of the proceeding shall be made only upon receipt of an undertaking from such Indemnitee to repay all amounts advanced if it should be ultimately determined that the Indemnitee is not entitled to be
indemnified under this Section 3(a) or otherwise. Expenses authorized under this Section 3(a) shall be paid within thirty (30) days after receipt by the Company of (i) a statement or statements from Indemnitee requesting such
advance or advances from time to time, and (ii) an undertaking by or on behalf of Indemnitee to repay such amount or amounts, only if, and to the extent that, it shall ultimately be determined that Indemnitee is not entitled to be indemnified
by the Company as authorized by this Agreement or otherwise. Such undertaking shall be accepted without reference to the financial ability of Indemnitee to make such repayment. Advances shall be unsecured and interest-free. 

(b) Promptly after receipt by Indemnitee of notice of the commencement of any action, suit or proceeding, Indemnitee shall, if a claim
thereof is to be made against the Company hereunder, notify the Company of the commencement thereof. The failure to promptly notify the 

  
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Company of the commencement of the action, suit or proceeding, or Indemnitee’s request for indemnification, will not relieve the Company from any liability that it may have to Indemnitee
hereunder, except to the extent the Company is prejudiced in its defense of such action, suit or proceeding as a result of such failure. In addition, Indemnitee shall give the Company such information and cooperation as it may reasonably require and
as shall be within Indemnitee’s power. 
 (c) In the event the Company shall be obligated to pay the expenses of Indemnitee
with respect to an action, suit or proceeding, as provided in this Agreement, the Company, if appropriate, shall be entitled to assume the defense of such action, suit or proceeding, with counsel reasonably acceptable to Indemnitee, upon the
delivery to Indemnitee of written notice of its election to do so. After delivery of such notice, approval of such counsel by Indemnitee and the retention of such counsel by the Company, the Company will not be liable to Indemnitee under this
Agreement for any fees of counsel subsequently incurred by Indemnitee with respect to the same action, suit or proceeding, provided that (1) Indemnitee shall have the right to employ Indemnitee’s own counsel in such action, suit or
proceeding at Indemnitee’s expense and (2) if (i) the employment of counsel by Indemnitee has been previously authorized in writing by the Company, (ii) counsel to the Company or Indemnitee shall have reasonably concluded that
there may be a conflict of interest or position, or reasonably believes that a conflict is likely to arise, on any significant issue between the Company and Indemnitee in the conduct of any such defense or (iii) the Company shall not, in fact,
have employed counsel to assume the defense of such action, suit or proceeding, then the fees and expenses of Indemnitee’s counsel shall be at the expense of the Company, except as otherwise expressly provided by this Agreement. 

(d) Notwithstanding any other provision of this Agreement to the contrary, to the extent that Indemnitee is, by reason of
Indemnitee’s corporate status with respect to the Company or any corporation, partnership, joint venture, trust, employee benefit plan or other enterprise which Indemnitee is or was serving or has agreed to serve at the request of the Company,
a witness or otherwise participates in any action, suit or proceeding at a time when Indemnitee is not a party in the action, suit or proceeding, the Company shall indemnify Indemnitee against all expenses (including attorneys’ fees) actually
and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection therewith. 
 Section 4. Procedure
for Indemnification 
 (a) To obtain indemnification, Indemnitee shall promptly submit to the Company a written request,
including therein or therewith such documentation and information as is reasonably available to Indemnitee and is reasonably necessary to determine whether and to what extent Indemnitee is entitled to indemnification. The Company shall, promptly
upon receipt of such a request for indemnification, advise the Board of Directors in writing that Indemnitee has requested indemnification. 
 (b) The Company’s determination whether to grant Indemnitee’s indemnification request shall be made promptly, and in any event within 30 days following receipt of a request for indemnification
pursuant to Section 4(a). The right to indemnification as granted by Section 1 

  
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of this Agreement shall be enforceable by Indemnitee in any court of competent jurisdiction if the Company denies such request, in whole or in part, or fails to respond within such 30-day period.
It shall be a defense to any such action (other than an action brought to enforce a claim for the advance of costs, charges and expenses under Section 3 hereof which shall be governed by the standards and requirements set forth therein) that
Indemnitee has not met the standard of conduct set forth in Section 1 hereof, but the burden of proving such defense by clear and convincing evidence shall be on the Company. Neither the failure of the Company (including its Board of Directors
or one of its committees, its independent legal counsel, and its stockholders) to have made a determination prior to the commencement of such action that indemnification of Indemnitee is proper in the circumstances because Indemnitee has met the
applicable standard of conduct set forth in Section 1 hereof, nor the fact that there has been an actual determination by the Company (including its Board of Directors or one of its committees, its independent legal counsel, and its
stockholders) that Indemnitee has not met such applicable standard of conduct, shall be a defense to the action or create a presumption that Indemnitee has or has not met the applicable standard of conduct. The Indemnitee’s expenses (including
attorneys’ fees) incurred in connection with successfully establishing Indemnitee’s right to indemnification, in whole or in part, in any such proceeding or otherwise shall also be indemnified by the Company. 

(c) The Indemnitee shall be presumed to be entitled to indemnification under this Agreement upon submission of a request for
indemnification pursuant to this Section 4, and the Company shall have the burden of proof in overcoming that presumption in reaching a determination contrary to that presumption. Such presumption shall be used as a basis for a determination of
entitlement to indemnification unless the Company overcomes such presumption by clear and convincing evidence. 

Section 5. Insurance and Subrogation. 
 (a) The Company may purchase and maintain insurance on behalf of Indemnitee who is or was or has agreed to serve at the request of the Company as a director or officer of the Company, or is or was serving
at the request of the Company as a director, officer, employee or agent of another corporation, partnership, joint venture, trust, employee benefit plan or other enterprise against any liability asserted against, and incurred by, Indemnitee or on
Indemnitee’s behalf in any such capacity, or arising out of Indemnitee’s status as such, whether or not the Company would have the power to indemnify Indemnitee against such liability under the provisions of this Agreement. If the Company
has such insurance in effect at the time the Company receives from Indemnitee any notice of the commencement of a proceeding, the Company shall give prompt notice of the commencement of such proceeding to the insurers in accordance with the
procedures set forth in the policy. The Company shall thereafter take all reasonably necessary or desirable action to cause such insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of such proceeding in accordance with the
terms of such policy. 
 (b) In the event of any payment by the Company under this Agreement, the Company shall be subrogated to
the extent of such payment to all of the rights of recovery of Indemnitee with respect to any insurance policy, who shall execute all papers required and take 

  
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all action necessary to secure such rights, including execution of such documents as are necessary to enable the Company to bring suit to enforce such rights in accordance with the terms of such
insurance policy. The Company shall pay or reimburse all expenses actually and reasonably incurred by Indemnitee in connection with such subrogation. 
 (c) The Company shall not be liable under this Agreement to make any payment of amounts otherwise indemnifiable hereunder (including, but not limited to, judgments, fines, ERISA excise taxes or penalties,
and amounts paid in settlement) if and to the extent that Indemnitee has otherwise actually received such payment under this Agreement or any insurance policy, contract, agreement or otherwise. 

Section 6. Certain Definitions. For purposes of this Agreement, the following definitions shall apply: 

(a) The term “action, suit or proceeding” shall be broadly construed and shall include, without limitation, the investigation,
preparation, prosecution, defense, settlement, arbitration and appeal of, and the giving of testimony in, any threatened, pending or completed claim, action, suit or proceeding, whether civil, criminal, administrative or investigative. 

(b) The term “by reason of the fact that Indemnitee is or was a director, consultant, or officer of the Company, or while serving as
a director or officer of the Company, is or was serving or has agreed to serve at the request of the Company as a director, consultant, officer, employee or agent of another corporation, partnership, joint venture, trust, employee benefit plan or
other enterprise” shall be broadly construed and shall include, without limitation, any actual or alleged act or omission to act. 
 (c) The term “expenses” shall be broadly and reasonably construed and shall include, without limitation, all direct and indirect costs of any type or nature whatsoever (including, without
limitation, all attorneys’ fees and related disbursements, appeal bonds, other out-of-pocket costs and reasonable compensation for time spent by Indemnitee for which Indemnitee is not otherwise compensated by the Company or any third party,
provided that the rate of compensation and estimated time involved is approved by the Board, which approval shall not be unreasonably withheld), actually and reasonably incurred by Indemnitee in connection with either the investigation, defense or
appeal of a proceeding or establishing or enforcing a right to indemnification under this Agreement, Section 145 of the DGCL or otherwise. 
 (d) The term “Indemnitee” shall include the Indemnitee’s spouse. 

(e) The term “judgments, fines and amounts paid in settlement” shall be broadly construed and shall include, without
limitation, all direct and indirect payments of any type or nature whatsoever (including, without limitation, all penalties and amounts required to be forfeited or reimbursed to the Company), as well as any penalties or excise taxes assessed on a
person with respect to an employee benefit plan). 

  
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 (f) The term “Company” shall include, without limitation and in addition to the
resulting corporation, any constituent corporation (including any constituent of a constituent) absorbed in a consolidation or merger which, if its separate existence had continued, would have had power and authority to indemnify its directors,
officers, and employees or agents, so that any person who is or was a director, officer, employee or agent of such constituent corporation, or is or was serving at the request of such constituent corporation as a director, officer, employee or agent
of another corporation, partnership, joint venture, trust, employee benefit plan or other enterprise, shall stand in the same position under the provisions of this Agreement with respect to the resulting or surviving corporation as he or she would
have with respect to such constituent corporation if its separate existence had continued. 
 (g) The term “other
enterprises” shall include, without limitation, employee benefit plans. 
 (h) The term “serving at the request of the
Company” shall include, without limitation, any service as a director, officer, employee or agent of the Company which imposes duties on, or involves services by, such director, officer, employee or agent with respect to an employee benefit
plan, its participants or beneficiaries. 
 (i) A person who acted in good faith and in a manner such person reasonably believed
to be in the interest of the participants and beneficiaries of an employee benefit plan shall be deemed to have acted in a manner “not opposed to the best interests of the Company” as referred to in this Agreement. 

Section 7. Limitation on Indemnification. Notwithstanding any other provision herein to the contrary, the Company shall not
be obligated pursuant to this Agreement: 
 (a) Claims Initiated by Indemnitee. To indemnify or advance expenses to
Indemnitee with respect to an action, suit or proceeding (or part thereof) initiated by Indemnitee, except with respect to an action, suit or proceeding brought to establish or enforce a right to indemnification (which shall be governed by the
provisions of Section 7(b) of this Agreement), unless such action, suit or proceeding (or part thereof) was authorized or consented to by the Board of Directors of the Company. 

(b) Action for Indemnification. To indemnify Indemnitee for any expenses incurred by Indemnitee with respect to any action, suit
or proceeding instituted by Indemnitee to enforce or interpret this Agreement, unless Indemnitee is successful in establishing Indemnitee’s right to indemnification in such action, suit or proceeding, in whole or in part, or unless and to the
extent that the court in such action, suit or proceeding shall determine that, despite Indemnitee’s failure to establish their right to indemnification, Indemnitee is entitled to indemnity for such expenses; provided, however, that nothing in
this Section 7(b) is intended to limit the Company’s obligation with respect to the advancement of expenses to Indemnitee in connection with any such action, suit or proceeding instituted by Indemnitee to enforce or interpret this
Agreement, as provided in Section 3 hereof. 

  
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 (c) Section 16 Violations. To indemnify Indemnitee for expenses or the payment
of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 16(b) of the Securities Exchange Act of 1934, as amended, or any similar successor statute. 

(d) Non-compete and Non-disclosure. To indemnify Indemnitee in connection with proceedings or claims involving the enforcement of
non-compete and/or non-disclosure agreements or the non-compete and/or non-disclosure provisions of employment, consulting or similar agreements the Indemnitee may be a party to with the Company, or any subsidiary of the Company or any other
applicable foreign or domestic corporation, partnership, joint venture, trust or other enterprise, if any. 
 (e) Unlawful
Indemnification. To indemnify the Indemnitee if a final decision by a court having jurisdiction in the matter shall determine that such indemnification is prohibited by law. Both the Company and Indemnitee acknowledge that in certain instances,
Federal law or public policy may override applicable state law and prohibit the Company from indemnifying its directors and officers under this Agreement or otherwise. For example, the Company and Indemnitee acknowledge that the Securities and
Exchange Commission (the “SEC”) has taken the position that indemnification is not permissible for liabilities arising under certain federal securities laws, and federal legislation prohibits indemnification for certain ERISA
violations. Indemnitee understands and acknowledges that the Company has undertaken or may be required in the future to undertake with the SEC to submit the question of indemnification to a court in certain circumstances for a determination of the
Company’s right under public policy to indemnify Indemnitee. 
 Section 8. Certain Settlement Provisions. The
Company shall have no obligation to indemnify Indemnitee under this Agreement for amounts paid in settlement of any action, suit or proceeding without the Company’s prior written consent, which shall not be unreasonably withheld. 

Section 9. Savings Clause. If any provision or provisions of this Agreement shall be invalidated on any ground by any court
of competent jurisdiction, then the Company shall nevertheless indemnify Indemnitee as to costs, charges and expenses (including attorneys’ fees), judgments, fines and amounts paid in settlement with respect to any action, suit or proceeding,
whether civil, criminal, administrative or investigative, including an action by or in the right of the Company, to the full extent permitted by any applicable portion of this Agreement that shall not have been invalidated and to the full extent
permitted by applicable law. 
 Section 10. Contribution. In order to provide for just and equitable contribution in
circumstances in which the indemnification provided for herein is held by a court of competent jurisdiction to be unavailable to Indemnitee in whole or in part, it is agreed that, in such event, the Company shall, to the fullest extent permitted by
law, contribute to the payment of Indemnitee’s costs, charges and expenses (including attorneys’ fees), judgments, fines and amounts paid in settlement with respect to any action, suit or proceeding, whether civil, criminal, administrative
or investigative, in an amount that is just and equitable in the circumstances, taking into account, among other things, contributions by other directors and officers of the 

  
 8 

 
Company or others pursuant to indemnification agreements or otherwise; provided, that, without limiting the generality of the foregoing, such contribution shall not be required where such holding
by the court is due to (i) the failure of Indemnitee to meet the standard of conduct set forth in Section 1 hereof, or (ii) any limitation on indemnification set forth in Section 5(c), 7 or 8 hereof. 

Section 11. Form and Delivery of Communications. Any notice, request or other communication required or permitted to be given
to the parties under this Agreement shall be in writing and either delivered in person or sent by telecopy, telex, telegram, overnight mail or courier service, or certified or registered mail, return receipt requested, postage prepaid, to the
parties at the following addresses (or at such other addresses for a party as shall be specified by like notice): 
 If to the
Company: 
 Remy International, Inc. 
 600 Corporation Drive 
 Second Floor 

Pendleton, IN 46064 
 Attn: Quinn Williams 
 Facsimile: 765-221-6175 

With a copy to: 

Remy International, Inc. 
 Legal Department 
 c/o Quinn Williams 

GREENBERG TRAURIG 
 2375 East Camelback Road, Suite 700 
 Phoenix, AZ 85016 

If to Indemnitee: 
 Section 12. Subsequent Legislation. If the DGCL is amended after adoption of this Agreement to expand further the indemnification permitted to directors or officers, then the Company shall
indemnify Indemnitee to the fullest extent permitted by the DGCL, as so amended. 

  
 9 

 Section 13. Nonexclusivity. The provisions for indemnification and
advancement of expenses set forth in this Agreement shall not be deemed exclusive of any other rights which Indemnitee may have under any provision of law, the Company’s Certificate of Incorporation or Bylaws, in any court in which a proceeding
is brought, the vote of the Company’s stockholders or disinterested directors, other agreements or otherwise, and Indemnitee’s rights hereunder shall continue as to Indemnitee for any action taken or not taken while serving in an
indemnified capacity even though he or she may have ceased to serve in any such capacity at the time of any action, suit or other covered proceeding. However, no amendment or alteration of the Company’s Certificate of Incorporation or Bylaws or
any other agreement shall adversely affect the rights provided to Indemnitee under this Agreement 
 Section 14.
Enforcement. The Company shall be precluded from asserting in any judicial proceeding that the procedures and presumptions of this Agreement are not valid, binding and enforceable. The Company agrees that its execution of this Agreement shall
constitute a stipulation by which it shall be irrevocably bound in any court of competent jurisdiction in which a proceeding by Indemnitee for enforcement of his rights hereunder shall have been commenced, continued or appealed, that its obligations
set forth in this Agreement are unique and special, and that failure of the Company to comply with the provisions of this Agreement will cause irreparable and irremediable injury to Indemnitee, for which a remedy at law will be inadequate. As a
result, in addition to any other right or remedy Indemnitee may have at law or in equity with respect to breach of this Agreement, Indemnitee shall be entitled to injunctive or mandatory relief directing specific performance by the Company of its
obligations under this Agreement. 
 Section 15. Interpretation of Agreement. It is understood that the parties
hereto intend this Agreement to be interpreted and enforced so as to provide indemnification to Indemnitee to the fullest extent now or hereafter permitted by law. 
 Section 16. Entire Agreement. This Agreement and the documents expressly referred to herein constitute the entire agreement between the parties hereto with respect to the matters covered
hereby, and any other prior or contemporaneous oral or written understandings or agreements with respect to the matters covered hereby are expressly superseded by this Agreement. 

Section 17. Modification and Waiver. No supplement, modification or amendment of this Agreement shall be binding unless
executed in writing by both of the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provision hereof (whether or not similar) nor shall such waiver constitute a continuing
waiver. 
 Section 18. Successor and Assigns. All of the terms and provisions of this Agreement shall be binding
upon, shall inure to the benefit of and shall be enforceable by the parties hereto and their respective successors, spouses, assigns, heirs, executors, administrators and legal representatives. 

  
 10 

 Section 19. Consent to Jurisdiction. The Company and the Indemnitee each hereby
irrevocably consent to the jurisdiction of the courts of the State of Delaware for all purposes in connection with any action or proceeding which arises out of or relates to this Agreement. 

Section 20. Governing Law. This Agreement shall be governed exclusively by and construed according to the laws of the State
of Delaware, without giving effect to principles of conflict of law. 
 Section 21. Employment Rights.
Nothing in this Agreement is intended to create in Indemnitee any right to employment or continued employment. 

Section 22. Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be deemed to be an
original and all of which together shall be deemed to be one and the same instrument, notwithstanding that both parties are not signatories to the original or same counterpart. 

Section 23. Headings. The section and subsection headings contained in this Agreement are for reference purposes only and
shall not affect in any way the meaning or interpretation of this Agreement. 
 IN WITNESS WHEREOF, this Agreement has been duly
executed and delivered to be effective as of the date first above written. 
  

			
	REMY INTERNATIONAL, INC.
		
	By	 	  

	Name:	 	
	Title:	 	
	
	INDEMNITEE:
		
	By	 	  

	Name:	 	

  
 11

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