Document 0m8nN0LJZ6a25zGYb508a01V

3.22 Year 2000 Compliance...............................................................................................33 3.23 Asbestos...................................................................................................................... 33 3.24 No Other Representations or Warranties................................................................... 33 ARTICLE 4 REPRESENTATIONS AND WARRANTIES OF PURCHASER......................... 33 4.1 Organization and Qualification.................................................................................... 33 4.2 Authorization................................................................................................................ 34 4.3 Consents and Approvals............................................................................................... 34 4.4 Non-Contravention....................................................................................................... 34 4.5 Binding Effect............................................................................................................... 34 4.6 Finders' Fees................................................................................................................. 34 4.7 Financial Capability...................................................................................................... 35 4.8 No Other Representations or Warranties......................................................................35 ARTICLE 5 COVENANTS............................................................................................................35 5.1 Access........................................................................................................................... 35 5.2 Conduct of Business..................................................................................................... 35 5.3 Commercially Reasonable Efforts................................................................................ 36 5.4 Further Assurances........................................................................................................37 5.5 Use of Corporate Names and Symbols.........................................................................38 5.6 U.S. Employees and Service Credit..............................................................................38 5.7 Dana Retirement Benefits............................................................................................. 41 5.8 Dana Welfare Benefits..................................................................................................42 5.9 Pension Transfer........................................................................................................... 43 5.10 Hourly 401 (k) Plans.................................................................................. .'................45 5.11 Foreign Employees..................................................................................................... 46 5.12 Notice and Implementation.........................................................................................47 5.13 WARN Act......................................................................................................... 47 5.14 Preservation of Records.............................................................................................. 47 5.15 Notice of Breach......................................................................................................... 47 5.16 Assignment of Beneficial Interests......................................... 48 5.17 Marengo Facility......................................................................................................... 49 5.18 Transition Services......................................................................................................49 ARTICLE 6 CONDITIONS TO CLOSING.................................................................................. 49 6.1 Conditions to the Obligations of Purchaser and Dana..................................................49 6.2 Conditions to the Obligations of Purchaser..................................................................50 6.3 Conditions to the Obligation of Dana...........................................................................51 ARTICLE 7 TAX MATTERS........................................................................................................51 7.1 Filing of Income Tax Returns....................................................................................... 51 7.2 Indemnification and Payment of Income Taxes........................................................... 52 7.3 Section 338 and Similar Elections................................................................................56 7.4 Offset of Claims............................................................................................................ 58 442373 V.9 ii