TRANSITION SERVICES AND GENERAL RELEASE AGREEMENTTransition Services and General Release Agreement • July 26th, 2013 • Exide Technologies • Miscellaneous electrical machinery, equipment & supplies • Georgia
This Transition Services and General Release Agreement (this “Agreement”) is entered into by and between James R. Bolch (“Employee”) and Exide Technologies, a Delaware corporation, with offices at 13000 Deerfield Parkway, Building 200, Milton, Georgia, 30004 (“Exide”).
July 25, 2013 Exide Technologies Building 200 13000 Deerfield Parkway Milton, GA 30004 Dear Mr. Reilly:Engagement Letter • July 26th, 2013 • Exide Technologies • Miscellaneous electrical machinery, equipment & supplies
This letter amends that certain engagement letter agreement, dated June 9, 2013 (the “Engagement Letter”), by and between Alvarez & Marsal North America, LLC (“A&M”) and Exide Technologies, and its successors and assigns (the “Company”). All capitalized terms used herein and not otherwise defined shall have the meanings ascribed thereto in the Engagement Letter.
June 9, 2013 Exide Technologies Building 200 13000 Deerfield Parkway Milton, GA 30004 Dear Mr. Reilly:Engagement Agreement • July 26th, 2013 • Exide Technologies • Miscellaneous electrical machinery, equipment & supplies • New York
This letter confirms and sets forth the terms and conditions of the engagement between Alvarez & Marsal North America, LLC (“A&M”) and Exide Technologies, and its assigns and successors (the “Company”), including the scope of the services to be performed and the basis of compensation for those services. Upon execution of this letter by each of the parties below (a) this letter will constitute an agreement between the Company and A&M (the “Agreement”) and (b) that certain engagement letter agreement, dated April 26, 2013 (the “Consulting Agreement”) is hereby terminated, provided that, for the avoidance of doubt, pursuant to section 5(d) of the Consulting Agreement, the provisions of the Consulting Agreement that give the parties rights or obligations beyond its termination (including but not limited to indemnification, payment of outstanding fees and expenses, confidentiality, non-solicitation and limitations on liabilities) shall survive.
