STOCK OPTION AGREEMENT DATED FEBRUARY 15, 2008Stock Option Agreement • February 21st, 2008 • Federal Mogul Corp • Motor vehicle parts & accessories • Michigan
Federal-Mogul Corporation, a Delaware corporation (the “Company”), grants to José Maria Alapont (the “Optionee”) on February 15, 2008 a non-qualified option (the “Option”) to purchase from the Company the number of shares of its Class A Common Stock (“Stock”) described below, at the exercise price per share described below and upon and subject to the terms and conditions set forth below. The date on which the Option is granted is referred to herein as the “Grant Date”.
ContractFederal Mogul Corp • February 21st, 2008 • Motor vehicle parts & accessories
The undersigned hereby agrees to the surrender, cancellation and termination of his non-qualified option to purchase four million shares of the Class A Common Stock of Federal-Mogul Corporation at a price of $29.75 per share with a grant date of December 27, 2007, in consideration of the payment of $100.00 and other good and valuable consideration, the adequacy and sufficiency of which is hereby acknowledged, this 15th day of February 2008.
