EX-10.7 7 g68409ex10-7.txt AGREEMENT WITH GENERAL MOTORS CORPORATION 1 EXHIBIT 10.7 AAG and GM Bridge Agreement Delayed GM Payment for AAG 4th Quarter 2000 Services Payment issued on or before January 16, 2001 Economics Surcharge Amount Core Region $ [xxx] x 4th Qtr % Compliance to [xxx] Hr. Dispatch Std Bleeder $ [xxx] Surcharge increases [xxx] Jan 1, 01 East $ [xxx] Florida & South $ [xxx] NorthWest $ [xxx] Surcharge reduction to [xxx] upon transition of Dilworth (Target Nov 5, 2000) Canada $ [xxx] Oshawa - Montreal St Therese, Windsor Labor Surcharge 01-Oct-00 Canada $ [xxx] Excluding Oshawa - Montreal/St Therese, Windsor Terms: Core Region Oct 1, 00 - July 31, 01 Balance US/Can Rolling 60 Day - cancellation location specific, either party, with 60 day prior written notice GM Market testing following location: [xxx] [xxx] [xxx] Reassignment of [xxx] and [xxx]- latter 4th qtr or 1st qtr I.E. Pontiac East - [xxx]% Minimum Goal [xxx]% Compliance = [xxx]% $[xxx] [xxx]% Compliance = [xxx]% of $[xxx] applied to conforming units Side note - not part of agreement. Fuel will increase October 1, 2000 to [xxx] US and [xxx] Canadian ----------------------------- [xxx] represents material deleted per the Company's request for Confidential Treatment and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934