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Exhibit 10.32
The amended and restated change in control
agreement presented below was executed between Stoneridge, Inc. and
the following executives: John C. Corey, George E.
Strickler, Mark J. Tervalon, Thomas A. Beaver, Michael D. Sloan and
Vincent F. Suttmeier.
STONERIDGE, INC.
AMENDED AND RESTATED CHANGE IN
CONTROL AGREEMENT
THIS AMENDMENT
TO THE AMENDED AND RESTATED CHANGE IN CONTROL AGREEMENT, dated
August 2, 2007, (the “Agreement”) is by and between
Stoneridge, Inc. an Ohio corporation (“Employer”) and
__________________ (“Executive”) and is made this
31 st
day of December 2008.
WHEREAS,
Employer and Executive have agreed that the terms of the Agreement
require change to comply with recent guidance from the Internal
Revenue Service with respect to certain provisions of the Internal
Revenue Code of 1986, as amended (the
“Code”);
NOW, THEREFORE,
in consideration of Executive continuing with Employer and of the
mutual promises herein contained, Executive and Employer,
intending
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