Document:

Exhibit

Exhibit 10.6

LEAR CORPORATION
2019 LONG-TERM STOCK INCENTIVE PLAN

2019 RESTRICTED STOCK UNIT TERMS AND CONDITIONS (DIRECTORS)

1.Definitions.  Any term capitalized in these terms and conditions (these “Terms”) but not defined herein will have the meaning set forth in the Plan.
		
	2.
	Grant and Vesting of Restricted Stock Units.  

(a)    As of the date (the “Grant Date”) specified in the letter that accompanies these Terms (the “Cover Letter”), the Participant will be credited with the number of Restricted Stock Units set forth in the Cover Letter.  Each Restricted Stock Unit is a notional amount that represents one unvested Share.  Each Restricted Stock Unit constitutes the right, subject to the terms and conditions of the Plan and these Terms, to distribution of a Share if and when the Restricted Stock Unit vests.    
(b)    The Restricted Stock Units will vest on the earlier to occur of (i) the first (1st) anniversary of the Grant Date and (ii) the date of the next annual meeting of the Company’s stockholders following the Grant Date that is at least fifty (50) weeks following the immediately preceding year’s annual meeting.  Notwithstanding the foregoing, in the event that the Participant's continuous service as a Director or Employee of the Company (“Service”) terminates before the date that the Restricted Stock Units vest, his or her right to receive the Shares underlying unvested Restricted Stock Units will be only as provided in Section 4. For the avoidance of doubt, if the Participant incurs a change in status from a Director to an Employee of the Company or an Affiliate before the Restricted Stock Units have vested, such change in status alone shall not constitute a termination of Service for purposes of this Award.
3.Rights as a Stockholder.
(a)    Unless and until a Restricted Stock Unit has vested and the Share underlying it has been distributed to the Participant, the Participant will not be entitled to vote in respect of that Restricted Stock Unit or that Share.
(b)    If the Company declares a cash dividend on its Shares, then, on the payment date of the dividend, the Participant will be credited with dividend equivalents equal to the amount of cash dividend per Share multiplied by the number of Restricted Stock Units credited to the Participant through the record date.  The dollar amount credited to the Participant under the preceding sentence will be credited to an account ("Account") established for the Participant for bookkeeping purposes only on the books of the Company.  The amounts credited to the Account will be credited as of the last day of each month with interest, compounded monthly, until the amount credited to the Account is paid to the Participant.  The rate of interest credited under the previous sentence will be the prime rate of interest as reported by the Midwest edition of the Wall Street Journal for the second business day of each quarter on an annual basis.  The balance in the Account will be subject to the same terms regarding vesting and forfeiture as the Participant's Restricted Stock Units awarded under the Cover Letter and these Terms, and will be paid in cash in a single sum at the time that the Shares associated with the Participant's Restricted Stock Units are delivered (or forfeited at the time that the Participant's Restricted Stock Units are forfeited).

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4.Termination of Service.  The Participant's right to receive the Shares underlying his or her Restricted Stock Units after termination of his or her Service will be only as follows:
(a)    Death or Disability.      If the Participant's Service shall be terminated for Disability or upon the Participant's death, the Participant (or the Participant’s estate) will be immediately entitled to receive the Shares underlying all of the Restricted Stock Units that have not yet vested under Section 2 above. Notwithstanding anything in the Plan to the contrary, for purposes of these Terms and with respect to the Participant, “Disability” shall have the meaning given to such term in the Lear Corporation Outside Directors Compensation Plan.
(b)    Any Other Termination of Service. In the event that the Participant’s Service terminates for any reason other than due to his or her death or Disability prior to vesting of the Restricted Stock Units, the Participant will immediately forfeit the right to receive the Shares underlying the Restricted Stock Units.
5.Timing and Form of Payment.  Except as provided in Section 4, once a Restricted Stock Unit vests, the Participant will be entitled to receive a Share in its place.  Delivery of the Share will be made as soon as administratively feasible after its associated Restricted Stock Unit vests.  Shares will be credited to an account established for the benefit of the Participant with the Company's administrative agent.  The Participant will have full legal and beneficial ownership with respect to the Shares at that time.  
6.Assignment and Transfers.  The Participant may not assign, encumber or transfer any of his or her rights and interests under the Award described in these Terms, except, in the event of his or her death, by will or the laws of descent and distribution.  The Company may assign any of its rights and interests hereunder.
7.Securities Law Requirements.
(a)    The Restricted Stock Units are subject to the further requirement that, if at any time the Committee determines in its discretion that the listing or qualification of the Shares subject to the Restricted Stock Units under any securities exchange requirements or under any applicable law, or the consent or approval of any governmental regulatory body, is necessary as a condition of, or in connection with, the issuance of Shares under it, then Shares will not be issued under the Restricted Stock Units, unless the necessary listing, qualification, consent or approval has been effected or obtained free of any conditions not acceptable to the Committee.
(b)    No person who acquires Shares pursuant to the Award reflected in these Terms may, during any period of time that person is an affiliate of the Company (within the meaning of the rules and regulations of the Securities and Exchange Commission under the Securities Act of 1933 (the "1933 Act")) sell the Shares, unless the offer and sale is made pursuant to (i) an effective registration statement under the 1933 Act, which is current and includes the Shares to be sold, or (ii) an appropriate exemption from the registration requirements of the 1933 Act, such as that set forth in Rule 144 promulgated under the 1933 Act.  With respect to individuals subject to Section 16 of the Exchange Act, transactions under this Award are intended to comply with all applicable conditions of Rule 16b-3, or its successors under the Exchange Act.  To the extent any provision of the Award or action by the Committee fails to so comply, the Committee may determine, to the extent permitted by law, that the provision or action will be null and void.
8.No Limitation on Rights of the Company.  Subject to Sections 4.3 and 15.2 of the Plan, the grant of the Award described in these Terms will not in any way affect the right or power of the Company to make adjustments, reclassification or changes in its capital or business structure, or to merge, consolidate, dissolve, liquidate, sell or transfer all or any part of its business or assets.

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9.Plan, Restricted Stock Units and Award Not a Contract of Employment or Service.  Neither the Plan, the Restricted Stock Units nor any other right or interest that is part of the Award reflected in these Terms is a contract of employment or Service, and no terms of Service of the Participant will be affected in any way by the Plan, the Restricted Stock Units, the Award, these Terms or related instruments, except as specifically provided therein.  Neither the establishment of the Plan nor the Award will be construed as conferring any legal rights upon the Participant for a continuation of Service, nor will it interfere with the right of the Company or any Affiliate to discharge the Participant and to treat him or her without regard to the effect that treatment might have upon him or her as a Participant.
10.Participant to Have No Rights as a Stockholder.  Except as provided in Section 3 above, the Participant will have no rights as a stockholder with respect to any Shares subject to the Restricted Stock Units prior to the date on which he or she is recorded as the holder of those Shares on the records of the Company.
11.Notice.  Any notice or other communication required or permitted hereunder must be in writing and must be delivered personally, or sent by certified, registered or express mail, postage prepaid.  Any such notice will be deemed given when so delivered personally or, if mailed, three days after the date of deposit in the United States mail, in the case of the Company to 21557 Telegraph Road, Southfield, Michigan, 48033, Attention:  General Counsel and, in the case of the Participant, to the last known address of the Participant in the Company's records.
12.Governing Law.  These Terms and the Award will be construed and enforced in accordance with, and governed by, the laws of the State of Michigan, determined without regard to its conflict of law rules.
13.Code Section 409A.  Notwithstanding any other provision in these Terms to the contrary, if the Participant is a "specified employee" (as such term is defined for purposes of Code Section 409A) at the time of his or her termination of Service, no amount that is subject to Code Section 409A and that becomes payable by reason of such termination of Service shall be paid to the Participant before the earlier of (i) the expiration of the six-month period measured from the date of the Participant's termination of Service, and (ii) the date of the Participant's death.  
14.Plan Document Controls.  The rights granted under these Terms are in all respects subject to the provisions of the Plan to the same extent and with the same effect as if they were set forth fully therein.  If these Terms or the Award conflict with the terms of the Plan document, the Plan document will control.

3Bonded
goods

warehousing
service

contract

 

Party
A: Grand World Pro Limited

 

Address:
Room 1733-35, 17/F., Park-in Commercial Centre, 56 Dundas Street,

Mongkok,
Kowloon, Hong Kong

Contact:
Xu Zikang

Tel:
+85223230835 Fax: +852 23238718

 

Party
B: Dachser International Freight Forwarding (Shenzhen) Co., Ltd.

 

Guangzhou
Branch

 

Address:
3005-3006, 30th Floor, Tower A, Zhongtai International 

Plaza,
161 Linhe West Road, Tianhe District, Guangzhou, China 

Contact:
Li Weihua

 

Phone:
020-38879866 Fax: 020-38878686

 

According
to the “Contract Law of the People’s Republic of China” and the “Regulations on the Administration of
Bonded Warehouses and Stocks in the People’s Republic of China”, Party A and Party B shall provide Party A with bonded
goods warehousing services for the following cooperation projects, and shall sign by consensus. This contract.

 

	1.
    	Party
    B shall provide the bonded warehouse of Guangzhou Baiyun International Airport Bonded Logistics Center to Party A for the
    storage of bonded goods.

 

    	Page 1 of 5	 	 

     

    

 

Second,
the cost standard

 

	 	1.
    	See
    the charging standards signed by both parties (Schedule 1)
	 	2.
    	Fee
    payment method:

 

	(1)	Party
    B shall send Party A’s list of all business expenses incurred by Party A, the original vouchers or invoices for the
    expenses incurred by Party A to Party A before the 5th of each month (for the holidays), and will deliver the goods for the
    previous month. The original receipt of the receipt, the original certificate of the replacement fee or the invoice shall
    be sent to Party A. Party A shall check within five working days after Party B issues the relevant documents. If there is
    no objection within the time limit, it shall be deemed as confirmation.
	 	 
	(2)	Party
    A confirms the original bill and receives the original delivery receipt and the original cost of the previous month. After
    the receipt of the voucher or invoice, Party B shall notify Party B to issue a corresponding valid tax invoice to Party A.
    Party A shall pay Party B to Party B on the last working day of this month after receiving the invoice

 

	(3)
    	Party
    B’s collection account:
	 	 
	 	Account
    Name: Dachser International Freight
	 	 
	 	Forwarding
    (Shenzhen) Co., Ltd. Guangzhou
	 	 
	 	Branch
    Account Number: 120906236810802
	 	 
	 	Bank:
    China Merchants Bank Guangzhou Linhe Road Branch

 

    	Page 2 of 5	 	 

     

    

 

	3.
    	The
    warehouse provided by Party B shall have good ventilation performance, good anti-theft, windproof and moisture-proof conditions,
    and provide Party A with the warehousing manual that has been filed in the customs, and provide loading, unloading, customs
    declaration and labeling for Party A during Party B’s business hours. Packaging replacement, inventory and other services.
	 	 
	4.
    	When
    the bonded goods enter the warehouse, Party B’s handling personnel shall verify the quantity, name, specifications and
    integrity of the outer packaging for inspection and acceptance. If the goods are found to be short or damaged, they shall
    be photographed and reported to Party A in time. The party determines the responsible party responsible for the shortage and
    damage of the goods, and assists Party A to recover the claims of the responsible party.
	 	 
	5.
    	Party
    A shall send personnel to conduct quality inspection on the goods entering the warehouse, sorting the grades, and Party B
    shall cooperate with the quality inspection personnel of Party A to sort the goods and register them. The two parties to the
    picking result are jointly signed and confirmed.
	 	 
	6.
    	When
    the goods are shipped out, Party A shall provide a warehouse order in writing or by mail to clarify the name of the goods,
    baskets, specifications and time. If there are special requirements, please also indicate. Party B shall sort out the goods
    according to the requirements, arrange for the warehouse to be opened and complete the customs formalities. If Party B fails
    to follow the instructions issued by Party A, the transportation costs and additional warehousing caused by the return of
    the goods caused by the wrong goods may be caused. Party B shall bear the additional expenses.

 

    	Page 3 of 5	 	 

     

    

 

	7.
    	Party
    B shall, during the custody period of Party A’s goods entering the bonded warehouse, inspect the goods stored in the
    warehouse on the last working day of each month according to the requirements of Party A, and provide Party A with the inventory
    report of the physical objects before the afternoon of work. If Party B fails to keep the goods in accordance with the storage
    conditions stipulated in the contract, resulting in short, missing or damaged goods, Party B shall compensate Party A for
    the direct economic loss according to the price of the goods. In the event of force majeure (such as earthquakes, floods,
    typhoons, lightning strikes, etc.) and war, Party B will not be liable for compensation.	
	 	 	 
	 	Responsibility.	 
	 	 	 
	8.
    	In
    the process of helping Party A to handle customs declaration and inspection, in case of special circumstances such as customs,
    business inspection or nuclear price, Party B must fully communicate and coordinate with Party A to properly handle related
    matters. If Party A needs assistance, Party A must be informed in advance.	

 

    	Page 4 of 5	 	 

     

    

 

	9.
    	Party
    B shall arrange full-time personnel to be responsible for the care of Party A’s goods, ensure that Party A’s goods
    are effectively monitored within 24 hours, and conduct regular inspections of Party A’s goods; Party A shall, at any
    time permitted by Customs, dispatch personnel to inspect the goods. Party B has the obligation to cooperate fully and coordinate
    the work.
	 	 
	11.
    	Party
    B must carry out loading and unloading in accordance with the requirements of Party A when handling the cargo of Party A.
    If Party A needs to sort the goods, Party B shall also sort according to the requirements of Party A. When loading and unloading
    the goods, Party A shall ensure the safety of the goods and avoid damage to the goods or packaging. Otherwise, Party B shall
    be responsible for compensation for the relevant losses.
	 	 
	12.
    	In
    the event of a dispute arising from the performance of this contract, the two parties shall settle the dispute through friendly
    negotiation; if the negotiation fails, they shall submit it to the Guangzhou Arbitration Commission for arbitration.
	 	 
	13.
    	The
    term of this contract is: from December 21, 2018 to December 21, 2019.If the parties have no objection after the expiration
    of the contract period, the contract period will automatically be extended for one year.
	 	 
	14.
    	This
    contract is made in two copies. Party A and Party B shall each hold a copy and shall take effect on the date of signature
    and seal by both parties.

 

	Party
    A: Grand world pro limited	 
	 	 
		 

 

	Party
    B: Dachser International Freight Forwarding (Shenzhen) Co., Ltd. Guangzhou Branch	 
	(with
    official seal)		 
	Representat	 	 
	Date:	 	

 

    	Page 5 of 5

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