Settlement Agreement Between Dana Corporation and International Union, UAW July 5, 2007Settlement Agreement • July 10th, 2007 • Dana Corp • Motor vehicle parts & accessories
This agreement, including all Appendices thereto (the “Settlement Agreement”) is entered into as of July 5, 2007, by and between Dana Corporation (“Dana” or the “Company”) and its debtor affiliates and subsidiaries and International Union, UAW and its Local Union 282, Local Union 771, Local Union 1405, Local Union 1765, Local Union 3047, Local Union 644 and Local Union ___ [Longview, TX UAW-represented facility has not yet been assigned a Local Union No.] (collectively, the “UAW” or the “Union”). The UAW also enters into this Settlement Agreement as the authorized representative, as defined in section 1114(c)(1) of title 11 of the United States Code (the “Bankruptcy Code)” of those persons receiving retiree benefits as defined in Section 1114(a) of the Bankruptcy Code pursuant to collectively bargained plans, programs and/or agreements between Dana and UAW.
THIS AGREEMENT IS NOT AN OFFER WITH RESPECT TO ANY SECURITIES OR A SOLICITATION OF ACCEPTANCES OF A CHAPTER 11 PLAN. SUCH OFFER OR SOLICITATION ONLY WILL BE MADE IN COMPLIANCE WITH ALL APPLICABLE SECURITIES LAWS AND/OR PROVISIONS OF THE BANKRUPTCY...Plan Support Agreement • July 10th, 2007 • Dana Corp • Motor vehicle parts & accessories • New York
This Plan Support Agreement (this “Agreement”), is entered into as of July 5, 2007, by and among Dana Corporation (“Dana”), on behalf of itself and its subsidiaries operating as debtors and debtors-in-possession (together with Dana, the “Debtors”) in the Chapter 11 Cases (as defined below); the United Steelworkers (the “USW”); the International Union, UAW (the “UAW”); and Centerbridge Capital Partners, L.P. on behalf of itself and its affiliates (“Centerbridge”). Each of the Debtors, the USW, the UAW and Centerbridge is referred to herein individually as a “Party,” and collectively, as the “Parties”. As used herein, the words “this Agreement”, “hereto”, “hereunder” and words of like import shall mean this Agreement.
