October 5, 2009 PERSONAL & CONFIDENTIAL John C. Corey President and Chief Executive Officer Stoneridge, Inc. Warren, Ohio 44484 Re: Retention Award Dear John:Retention Award Agreement • October 9th, 2009 • Stoneridge Inc • Motor vehicle parts & accessories
The Board of Directors of Stoneridge, Inc. (the “Company”) has decided that you should be provided with the compensation enhancement as outlined in this letter agreement. The intent of this additional compensation is to recognize your positive contribution to the Company and to serve as a retention incentive to remain with the Company as we mutually seeks to improve Company performance.
Retention Award between Stoneridge, Inc. and George E. Strickler, Mark J. Tervalon, Thomas A. Beaver and Michael D. SloanRetention Award • October 9th, 2009 • Stoneridge Inc • Motor vehicle parts & accessories
The Board of Directors of Stoneridge, Inc. (the “Company”) has decided that you should be provided with the compensation enhancement as outlined in this letter agreement. The intent of this additional compensation is to recognize your positive contribution to the Company and to serve as a retention incentive to remain with the Company as we mutually seek to improve Company performance.
