Case KJC Doc 1223 Filed 01/09/14 Page 1 of 97 IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE.

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IN THE UNITED STATES BANKRUPTCY COURT

FOR THE DISTRICT OF DELAWARE

- - -

In re:

EXIDE TECHNOLOGIES,

Debtor.

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- - -

x

:

:

:

:

:

:

:

x

Chapter 11

Case No. 13-11482 (KJC)

Obj. Due: January 30, 2014 at 4:00 p.m. (Eastern)

NOTICE OF FILING OF MONTHLY COMPENSATION AND STAFFING

REPORT OF ALVAREZ & MARSAL NORTH AMERICA, LLC FOR THE

PERIOD FROM NOVEMBER 1, 2013 THROUGH NOVEMBER 30, 2013

PLEASE TAKE NOTICE that on June 19, 2013, the above-captioned debtor and

debtor in possession (the “Debtor”) filed the Application Of The Debtor Pursuant To 11 U.S.C.

§§ 105(a) And 363(b) To (I) Retain Alvarez & Marsal North America, LLC To Provide The Debtor

A Chief Restructuring Officer And Certain Additional Personnel And (II) Designate Robert M.

Caruso As Chief Restructuring Officer For The Debtor Nunc Pro Tunc To The Petition Date (Docket

No. 146), with the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy

Court”), 824 Market Street, Wilmington, Delaware 19801.

PLEASE TAKE FURTHER NOTICE that on July 11, 2013, the Bankruptcy

Court entered the Order Authorizing The Debtor, Pursuant To 11 U.S.C. §§ 105(a) And 363(b)

To (I) Retain Alvarez & Marsal North America, LLC To Provide The Debtor A Chief

Restructuring Officer And Certain Additional Personnel And (II) Designate Robert M. Caruso

As Chief Restructuring Officer For The Debtor Nunc Pro Tunc To The Petition Date

(Docket

No. 327) (the “A&M Retention Order”).

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The last four digits of the Debtor’s taxpayer identification number are 2730. The Debtor’s corporate

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PLEASE TAKE FURTHER NOTICE that, in accordance with the A&M

Retention Order, Alvarez & Marsal North America, LLC hereby files its monthly compensation

and staffing report for the period from November 1, 2013 through November 30, 2013 (the

“November Monthly Compensation and Staffing Report”) in the form attached hereto as Exhibit

1.

PLEASE TAKE FURTHER NOTICE that objections, if any, to the November

Monthly Compensation and Staffing Report must be made in writing, filed with the Bankruptcy

Court, and served so as to be received by the following parties no later than January 30, 2014 at

4:00 p.m. (Eastern):

(i) the Debtor, Exide Technologies, 13000 Deerfield Parkway, Building 200,

Milton, Georgia 30004, Attn: Phillip A. Damaska;

(ii) counsel to the Debtor, Skadden, Arps, Slate, Meagher & Flom LLP, Four

Times Square, New York, New York 10036, Attn: Kenneth S. Ziman, Esq. and J. Eric Ivester,

Esq. and One Rodney Square, P.O. Box 636, Wilmington, Delaware 19899-0636, Attn: Anthony

W. Clark, Esq. and 155 N. Wacker Drive, Chicago, Illinois 60606-1720, Attn: James J. Mazza,

Jr.;

(iii) counsel to the agent under the debtor in possession financing, Davis, Polk &

Wardwell LLP, 450 Lexington Avenue, New York, New York 10017, Attn: Damian S. Schaible,

Esq. and Richards, Layton & Finger, P.A., One Rodney Square, 920 North King Street,

Wilmington, Delaware 19801, Attn: Mark D. Collins, Esq.;

(iv) counsel to the agent for the Debtor’s prepetition secured lenders, Greenberg

Traurig, LLP, 3333 Piedmont Road NE, Suite 2500, Atlanta, Georgia 30305, Attn: David B.

Kurzweil, Esq. and 1007 N. Orange St., Suite 1200, Wilmington, Delaware 19801, Attn: Dennis

A. Meloro, Esq.;

(v) the indenture trustee for the Debtor’s secured bond issuances, Wells Fargo

Bank, N.A., 150 East 42

nd

Street, 40

th

Floor, New York, New York 10017, Attn: James R. Lewis

and Foley & Lardner LLP, 321 North Clark Street, Suite 2800, Chicago, Illinois 60654, Attn:

Mark F. Hebbeln, Esq.;

(vi) the indenture trustee for the Debtor’s unsecured bond issuances, U.S. Bank

National Association, Global Corporate Trust Services, 60 Livingston Ave., EP-MN-WS1D, St.

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Paul, Minnesota 55107, Attn: Cindy Woodward and Arent Fox LLP, 1675 Broadway, New

York, New York 10019, Attn: Andrew Silfen, Esq.;

(vii) counsel to the unofficial committee of senior secured noteholders, Paul,

Weiss, Rifkind, Wharton & Garrison LLP, 1285 Avenue of the Americas, New York, New York

10019, Attn: Alice Belisle Eaton, Esq. and Young Conaway Stargatt & Taylor, LLP, Rodney

Square, 1000 King Street, Wilmington, Delaware 19801, Attn: Pauline K. Morgan, Esq.;

(viii) the Office of the United States Trustee for the District of Delaware, Office

of the United States Trustee, Room 2207, Lockbox 35, 844 North King Street, Wilmington,

Delaware 19801, Attn: Mark S. Kenney, Esq.; and

(ix) counsel to the official committee of unsecured creditors, Lowenstein Sandler

LLP, 65 Livingston Avenue, Roseland, New Jersey 07068, Attn: Kenneth A. Rosen, Esq. and

Sharon L. Levine, Esq. and 1251 Avenue of the Americas, New York, New York 10020, Attn:

Gerald C. Bender, Esq. and Morris, Nichols, Arsht & Tunnell LLP, 1201 North Market Street,

Suite 1600, Wilmington, Delaware 19801, Attn: Robert J. Dehney, Esq.

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PLEASE TAKE FURTHER NOTICE that if an objection is properly filed and

served in accordance with the above procedures, all compensation listed in the November

Monthly Compensation and Staffing Report shall be subject to review by the Bankruptcy Court.

Dated: Wilmington, Delaware

January 9, 2014

SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP

/s/ Kristhy M. Peguero

Anthony W. Clark (I.D. No. 2051)

Kristhy M. Peguero (I.D. No. 4903)

One Rodney Square

P.O. Box 636

Wilmington, Delaware 19899-0636

Telephone: (302) 651-3000

Fax: (302) 651-3001

- and -

Kenneth S. Ziman

J. Eric Ivester

Four Times Square

New York, New York 10036-6522

Telephone: (212) 735-3000

Fax: (212) 735-2000

- and -

James J. Mazza, Jr.

155 N. Wacker Dr.

Chicago, Illinois 60606

Telephone: (312) 407-0700

Fax: (312) 407-0411

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EXHIBIT 1

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December 23, 2013

Mr. Phil Damaska

Chief Financial Officer

Exide Technologies

13000 Deerfield Parkway, Building 100W

Milton, GA 30004

Dear Mr. Damaska,

In accordance with our engagement letter dated April 26, 2013, attached please find our invoice for the

period November 1, 2013 through November 30, 2013.

If you have any questions, please feel free to contact me at any time.

Very truly yours,

Robert M. Caruso

Managing Director

Attachment

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December 23, 2013

Mr. Phil Damaska

Chief Financial Officer

Exide Technologies

13000 Deerfield Parkway, Building 100W

Milton, GA 30004

INVOICE #89766C-10

Hours, Fees & Expenses for the period November 1-30, 2013:

Pursuant to our Engagement Letter dated April 26, 2013

Professional Fees:

Hours

Rate

Fees

Restructuring US:

Julie Hertzberg

Managing Director

2.30

$650

$

1,495.00

Michael Rouse

Managing Director

90.00

$495

$

44,550.00

David Riviere

Managing Director

12.00

$495

$

5,940.00

Holden Bixler

Senior Director

148.10

$525

$

77,752.50

Larry Posner

Senior Director

95.00

$625

$

59,375.00

Nick Grossi

Director

191.30

$525

$

100,432.50

Stuart Berman

Director

164.20

$525

$

86,205.00

Tony Simion

Director

165.10

$500

$

82,550.00

Cari Turner

Director

165.50

$500

$

82,750.00

Hamish Allanson

Director

196.40

$475

$

93,290.00

Mark Zeiss

Director

0.30

$450

$

135.00

Paul Edmisten

Director

155.00

$410

$

63,550.00

Frank Chisholm

Manager

24.00

$450

$

10,800.00

Natalie Leung

Manager

80.00

$425

$

34,000.00

Kyle Nelson

Manager

85.00

$425

$

36,125.00

Griff Causey

Manager

154.00

$390

$

60,060.00

Victor Chemtob

Senior Associate

162.90

$450

$

73,305.00

Lyle Bauck

Associate

150.10

$425

$

63,792.50

Rob Esposito

Consultant

158.70

$390

$

61,893.00

Jordan Davis

Associate

130.00

$425

$

55,250.00

Dwight Hingtgen

Associate

178.40

$375

$

66,900.00

Brian Marks

Associate

195.00

$375

$

73,125.00

James Suehr*

Associate

138.00

$375

$

51,750.00

Andrew Hansen

Consultant

139.30

$290

$

40,397.00

Samir Saleem*

Analyst

131.50

$325

$

42,737.50

Christie Sapp

Analyst

134.00

$170

$

22,780.00

Mary Napoliello

Paraprofessional

23.10

$230

$

5,313.00

Restructuring Europe:

Paul Kinrade

Managing Director

158.00

$850

$

134,300.00

Craig Cavin

Senior Director

150.00

$625

$

93,750.00

Siham Slaoui

Director

286.00

$555

$

158,730.00

Joachim Lubsczyk

Senior Associate

201.50

$425

$

85,637.50

Rénald Béjaoui

Senior Associate

231.00

$425

$

98,175.00

Total Professional Fees:

$

1,966,845.50

*Less reduction for Suehr & Saleem

$

(94,487.50)

Out of Pocket Expenses:

$

141,370.37

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Mailing Instructions:

Wire Instructions:

Alvarez & Marsal LLC

Bank:

JP Morgan Chase

Attn: Liz Carrington

ABA:

0 2 1 0 0 0 0 2 1

600 Madison Avenue

Acct Name:

Alvarez & Marsal LLC

8

th

Floor

Acct Number: 9 5 7 3 4 7 8 2 0

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Expense Detail

Period Covering

11/1/2013 - 11/30/2013

Airfare

$ 70,111.95

Hotel

37,595.04

Meals

6,673.29

Other

3,202.55

Transportation

23,787.54

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Alvarez & Marsal North America LLC

Summary of Services

For the Period of November 1, 2013 through November 30, 2013

Below is a list of tasks performed. This list does not encompass all work incurred. Attached are detailed

time descriptions which further describe activity performed by individual for the covered period.

1.

Assisted in the evaluation of the of Company’s current business plan and in the preparation of a

revised operating plan and cash flow forecast and presentation to Company’s Board of Directors

and its creditors.

2.

Maintained and refined the 13-week cash flow forecast.

3.

Continued to assist with the identification of cost reduction and operations improvement

opportunities.

4.

Assisted with financing issues including assistance with preparation of reports and liaison with

creditors.

5.

Responded to ad hoc inquiries from counsel, creditors, and management regarding bankruptcy

matters.

6.

Supported counsel in preparation for court hearings as well as attendance, as necessary.

7.

Performed CRO responsibilities.

8. Performed

CEO

responsibilities.

9.

Evaluation of the information technology (IT) function, and assistance in the creation of the IT

portion of the business plan.

10.

Perform sales effectiveness diagnostic to identify actionable initiatives that Exide should consider

for the FY 2015 business plan.

11.

Performed due diligence reviews in Europe with the creditor financial advisors and led operational

tours.

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EXHIBIT A

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Exide Technologies - Time Summary Robert Caruso, Managing Director Resturcturing

Day Date Time Rate Billings Description

Fri 11/1/13 5.00 $850 $ 4,250.00 Update call on international matters with legal teams, call to discuss MRO strategy with Menon, Cole and Caldwell, review Board materials and provide comments to Damaska and Mosley, review and approve personnel issues, follow up on Posnan investment, review and respond to various operational matters and daily reports.

Fri 11/1/13 1.50 $850 $ 1,275.00 Blackstone team relationship call, coordinate on Covanta opportunity, discuss with D. Barse at Third Avenue, coordinate with Wallace and McClory.

Sat 11/2/13 4.00 $850 $ 3,400.00 Travel to Vegas for AWDA and AAPEX trade shows (billed at 50); meeting with team to prep for meetings. Sun 11/3/13 9.00 $850 $ 7,650.00 Attend meetings with various aftermarket and buying group customers, meet with team, dinner with Hahn. Mon 11/4/13 8.00 $850 $ 6,800.00 Respond to Hub & Spoke pilot approach, review and follow up on October flash, review other daily reports, attend

customer meetings at AWDA.

Tue 11/5/13 8.00 $850 $ 6,800.00 Attend AAPEX show, Bosch meeting, core/lead swap discussion with JCI, Canadian Tire Dinner, pre Board call with J. Reilly and M. Resner.

Wed 11/6/13 9.00 $850 $ 7,650.00 Committee and Board calls, lunch meeting with NASCAR, customer meeting with Midwest, dinner with commercial team.

Thr 11/7/13 8.00 $850 $ 6,800.00 Travel to Chicago (billed at 50); review business plan materials, provide comments to Mosley and team, review and sign management rep letters.

Fri 11/8/13 3.50 $850 $ 2,975.00 Attend Core Strategy meeting, host Industrial Town Hall meeting, call with A. Davis to discuss Salina operations, address HR issues, review Hub Spoke employee letter.

Sun 11/10/13 10.00 $850 $ 8,500.00 Travel to Paris for European Operational Review and Business Plan review (billed at 50%). Mon 11/11/13 8.00 $850 $ 6,800.00 Attend operations review meeting.

Tue 11/12/13 9.00 $850 $ 7,650.00 Attend business plan review meeting in Europe. Wed 11/13/13 10.00 $850 $ 8,500.00 Attend business plan review meetings in Europe.

Thr 11/14/13 13.00 $850 $ 11,050.00 Travel from Paris to Shanghai (billed at 50%).

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Exide Technologies - Time Summary Robert Caruso, Managing Director Resturcturing

Day Date Time Rate Billings Description

Sat 11/16/13 14.00 $850 $ 11,900.00 Travel to/from Jinjuan (billed at 50%) to meet with Visca management team and Board, tour facilities and discuss potential joint venture.

Sun 11/17/13 15.00 $850 $ 12,750.00 Email correspondence on various operation and business plan related matters, review various daily reports, travel from Shanghai to Chicago.

Mon 11/18/13 3.00 $850 $ 2,550.00 Email correspondence on various operating matters, travel to Atlanta (billed at 50%).

Tue 11/19/13 8.00 $850 $ 6,800.00 Executive Leadership Team update, attend several meetings re: business plan and strategy including sales forecast, transportation capex, real estate lease update, SGA forecast, call re: Europe legal update.

Wed 11/20/13 10.00 $850 $ 8,500.00 Telephonic Board update call, meet with Prost on HR and Communication issues, branch forecast meeting, plant forecast meeting, lead Americas staff meeting, meet with operations candidate with Phil, review various operating reports, read and respond to emails.

Thr 11/21/13 8.00 $850 $ 6,800.00 Executive S&OP forecasting meeting, meeting with Cole, Shao, Mosley, Posner to discuss Americas

organizational structure and commercial organization, monthly transportation commercial review meeting, Hub & Spoke pilot communication meeting.

Fri 11/22/13 9.00 $850 $ 7,650.00 Review of first cut Industrial business plan with Grossi, Marks, Cole, Mosley and Shao, review NASCAR analysis with Rombiero and Nunnery, discuss next steps, call with Lazard on business plan and scenarios, interview EHS candidate Marise, initial review of Committee presentation, travel to Chicago.

Sun 11/24/13 6.00 $850 $ 5,100.00 Work on Committee presentation, call with Allan Davis re: Salina operational matters, coordinate meetings with Allan Davis and management team.

Mon 11/25/13 13.00 $850 $ 11,050.00 Travel to NY (billed at 50%); pre meeting and attend meeting with Committee, noteholder professionals and JPMorgan, travel back to Chicago (billed at 50%); attend Board call.

166.0 $141,100.00

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Exide Technologies - Time Summary Julie Hertzberg, Managing Director Claims

Day Date Time Rate Billings Description

Tue 11/12/13 1.1 $650 $ 715.00 Review updated Claims Summary Report and Presentation to UCC.

Wed 11/13/13 0.5 $650 $ 325.00 Conference with R. Esposito and H. Bixler (both A&M) re: claims presentation to UCC and claims estimate report.

Wed 11/13/13 0.7 $650 $ 455.00 Review and revise claims report and claims estimates.

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Exide Technologies - Time Summary Larry Posner, Managing Director Resturcturing

Day Date Time Rate Billings Description

Fri 11/1/2013 8.0 $625 $ 5,000.00 Diligence meeting with UCC financial advisors in Milton, Ga. Prepared responses to multiple UCC diligence requests. Prepared financial analysis for employee incentive plans to be proposed. Multiple meetings with various members of management regarding the preparation of the 5 year business plan. Participated in the weekly disbursement call. Reviewed and provided comments on the weekly actual vs. forecast for cash. Fri 11/4/2013 5.0 $625 $ 3,125.00 Interviews with Aftermarket DSMs and Motive VP Sales.

Sat 11/5/2013 5.0 $625 $ 3,125.00 Conducted net growth analysis of Transportation and Industrial segments.

Sun 11/6/2013 4.0 $625 $ 2,500.00 Analyzed interview findings and quantitative analysis and developed presentation for preliminary sales effectiveness assessment.

Mon 11/7/2013 1.0 $625 $ 625.00 Review preliminary sales effectiveness assessment with Bob Caruso--CEO, Bruce Cole--Transportation President, Phil Damaska, CFO and Ed Mosley, CRO.

Tue 11/13/2013 10.0 $625 $ 6,250.00 Developed work plan for detailed sales effectiveness diagnostic and coordinated data gathering to support quantitative analysis.

Wed 11/14/2013 10.0 $625 $ 6,250.00 Evaluated key account profitability within Transportation and Industrial segments. Coordinated analyses to support business plan. Int4erviewed Marc Mackesey on route truck concept.

Thr 11/15/2013 8.0 $625 $ 5,000.00 Updated net growth analyses for Transportation business to cover last 2 years and received compensation and sales performance data.

Fri 11/18/2013 4.0 $625 $ 2,500.00 Conducted sales compensation assessment of Transportation sales executives.

Sun 11/19/2013 4.0 $625 $ 2,500.00 Coordinated analysis of marketing data, including competitive and market analysis and product assessments within Transportation business.

Mon 11/20/2013 8.0 $625 $ 5,000.00 Met with Mark Mackesey and Nelson Rombiero regarding evaluation of route truck concept.

Tue 11/21/2013 8.0 $625 $ 5,000.00 Interviewed Bill Nunnery, VP Aftermarket Sales to evaluate sales strategy, organization structure, and coverage and deployment of aftermarket sales reps.

Wed 11/25/2013 8.0 $625 $ 5,000.00 Interviewed Taylor Frederickson, Regional Sales Director--Motive to discuss sales strategy and tactics. Interviewed sales reps: Aurelio Carinci, Brian Marsali, and Steve Ludwign to evaluate current sales process. Thr 11/26/2013 8.0 $625 $ 5,000.00 Follow-up discussion with Taylor Frederickson. Interviewed reps: Brian Lesiewicz, Steve Mezan, and Chris Block

to evaluate current sales process.

Fri 11/27/2013 4.0 $625 $ 2,500.00 Conducted rep interviews with Robert Brault and Andy Ganopathy to discuss current sales process. Finalized motive branch survey.

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Exide Technologies - Time Summary Mike Rouse, Managing Director Resturcturing

Day Date Time Rate Billings Description

Fri 11/1/13 6.00 $495 $ 2,970.00 Participate in weekly meetings around; BI, MES, CMMS, EDI and ERP.

Mon 11/4/13 5.00 $495 $ 2,475.00 Meetings with GSI regarding Systems Integrator budget and planning discussions for E1. Tues 11/5/13 5.00 $495 $ 2,475.00 Weekly meetings around; Business Intelligence, MES, CMMS, EDI and ERP.

Wed 11/6/13 5.00 $495 $ 2,475.00 Internal team discussions around the Plant Floor technology stack (MES, CMMS) and integration with ERP. Thr 11/7/13 5.00 $495 $ 2,475.00 Meetings regarding further development of the IT 5-Year Plan.

Fri 11/8/13 5.00 $495 $ 2,475.00 Weekly meetings around; BI, MES, CMMS, EDI and ERP.

Mon 11/11/13 5.00 $495 $ 2,475.00 Initial meetings with Kevin from GSI regarding their candidacy as an SI for the E1 implementation. Tues 11/12/13 5.00 $495 $ 2,475.00 Discussions with Paul, Siham, Renald and EU NACR team regarding Finance First – EU First Finance First. Wed 11/13/13 5.00 $495 $ 2,475.00 Merlin Onsite Presentation for Gap Services and HCL Replacement.

Thr 11/14/13 5.00 $495 $ 2,475.00 Meetings with Louis Ventura to discuss IT projects and assessments in addition to 5-Year Plan. Fri 11/15/13 5.00 $495 $ 2,475.00 Meetings regarding further development of the IT 5-Year Plan and Reviews of all 5-Year Plan Scenarios. Mon 11/18/13 5.00 $495 $ 2,475.00 GSI Introductory Sessions to understand their capabilities and meet their team.

Tues 11/19/13 5.00 $495 $ 2,475.00 North America Industrial carve out meetings to discuss options for IT.

Wed 11/20/13 5.00 $495 $ 2,475.00 Meetings regarding final development of the IT 5-Year Plan Final Reviews of 5-Year Plan Scenarios. Thr 11/21/13 5.00 $495 $ 2,475.00 Shop Floor Stack Business Case Development.

Fri 11/22/13 5.00 $495 $ 2,475.00 Weekly meetings around; BI, MES, CMMS, EDI and ERP.

Mon 11/25/13 3.00 $495 $ 1,485.00 IT 5-Year Plan Review with Bob Caruso, Ed Mosley, Phil Damaska and Management Teams of Exide and A&M. Tues 11/26/13 3.00 $495 $ 1,485.00 Meetings with Louis Ventura to discuss IT projects and assessments in addition to 5-Year Plan.

Wed 11/27/13 3.00 $495 $ 1,485.00 Meetings regarding refinement of the IT 5-Year Plan following CEO team review, Further Development of Industrial Carve Out and North American 5-Year Plan Scenarios, Shop Floor Stack Business Case Development.

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Exide Technologies - Time Summary

David Riviere, Managing Director

Restructuring

Day

Date

Time

Rate

Billings

Description

Mon

11/4/13

4.00

$495

$

1,980.00

IT project oversight and Quality Assurance.

Wed

11/13/13

3.00

$495

$

1,485.00

IT project oversight and Quality Assurance.

Wed

11/20/13

3.00

$495

$

1,485.00

IT project oversight and Quality Assurance.

Tue

11/26/13

2.00

$495

$

990.00

IT project oversight and Quality Assurance.

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Exide Technologies - Time Summary Ed Mosley, Senior Director

Restructuring

Day Date Time Rate Billings Description

Fri 11/1/2013 13.5 $625 $ 8,437.50 Worked on 5‐year business plan and presentations attached.  Sat 11/2/2013 6.0 $625 $ 3,750.00 Review and comment on draft business plan materials. Sun 11/3/2013 1.0 $625 $ 625.00 Review and comment on draft business plan materials. Mon 11/4/2013 12.0 $625 $ 7,500.00 Prepared for and participated in claims status meeting. Review of draft business plan materials.  Travel to  Atlanta (billed at 1/2 time). Review and respond to creditor requests. Tue 11/5/2013 11.0 $625 $ 6,875.00 Prepared for and participated in capital expenditure meeting for the business plan regarding the transportation  Americas division. Review and comment on draft business plan materials. Wed 11/6/2013 12.0 $625 $ 7,500.00 Prepared for and participated in board meeting. Travel to Dallas (billed at 1/2 time). Thr 11/7/2013 14.0 $625 $ 8,750.00 Prepared for and participated in unsecured creditor advisor status meetings. Prepared for and participated in  UNC advisor status meeting. Prepared for and participated in sales execution planning meeting.   Travel to  Europe (billed at 1/2 time).   Fri 11/8/2013 12.0 $625 $ 7,500.00 Travel to Europe (billed at 1/2 time).  Discussions regarding draft business plan presentation materials and  output.   Sat 11/9/2013 2.0 $625 $ 1,250.00 Review of business plan presentation draft. Sun 11/10/2013 2.0 $625 $ 1,250.00 Preparation for EU business plan meetings. Mon 11/11/2013 11.0 $625 $ 6,875.00 Prepared for and participated in EU business plan review and working session. Review and respond to various  creditor written and verbal requests. Tue 11/12/2013 10.0 $625 $ 6,250.00 Prepared for and participated in EU business plan review and working session. Wed 11/13/2013 11.0 $625 $ 6,875.00 Prepared for and participated in EU business plan review and working session. Thr 11/14/2013 12.0 $625 $ 7,500.00 Prepared for and participated in EU business review with the UNC and UCC advisors.  Follow‐up meetings with  management regarding business plan.  Review of planning documents for the 5 year plan. Participated in  meeting with management regarding insurance and collateral for insurance. Fri 11/15/2013 8.0 $625 $ 5,000.00 Prepared for and participated in EU business review with the UNC and UCC advisors.  Follow‐up meetings with  management regarding business plan.  Review of planning documents for the 5 year plan. Sat 11/16/2013 12.0 $625 $ 7,500.00 Travel back to Dallas (billed at 1/2 time).  Review of business plan assumptions.

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Exide Technologies - Time Summary Ed Mosley, Senior Director

Restructuring

Day Date Time Rate Billings Description

Mon 11/18/2013 11.0 $625 $ 6,875.00 Travel to Atlanta (billed at 1/2 time).  Management meetings regarding creditor meeting.  Review of business  plan materials.   Tue 11/19/2013 11.0 $625 $ 6,875.00 Prepare for and participate in various meetings with management to review business plan assumptions and  output.  Internal discussions regarding changes to the business plan and assumptions.  Prepared for and  participated in meeting regarding lease negotiation work stream.  Participated in capex review with  management. Wed 11/20/2013 12.5 $625 $ 7,812.50 Participated in board meeting.  Prepared for and participated in discussions with management and internal  resources regarding business plan output and provided comments. Thr 11/21/2013 12.0 $625 $ 7,500.00 Prepared for and participated in unsecured creditor advisor status meetings. Prepared for and participated in  UNC advisor status meeting. Review of business plan assumptions and participated in multiple meetings with  management regarding 5 year plan.  Fri 11/22/2013 10.5 $625 $ 6,562.50 Review of business plan materials, meeting with management regarding various assumptions for the business  plan and turnaround plan.  Travel from ATL (billed at 1/2 time) Sat 11/23/2013 4.0 $625 $ 2,500.00 Review of creditor presentation.  Turn comments to creditor presentation.  Internal discussions regarding  changes to the creditor presentation.   Prepare for creditor meeting.   Sun 11/24/2013 5.5 $625 $ 3,437.50 Review of creditor presentation.  Turn comments to creditor presentation.  Internal discussions regarding  changes to the creditor presentation.   Prepare for creditor meeting.   Mon 11/25/2013 12.0 $625 $ 7,500.00 Travel to and from NYC (billed at 1/2 time).  Prepared for and participated in meeting with both UCC and UNC  professionals and members.  Follow‐up meetings with counsel and internally regarding business plan. Tue 11/26/2013 6.0 $625 $ 3,750.00 Review business plan presentation and assumptions.  Review of financial projections.  Internal meetings  regarding business plan. Wed 11/27/2013 5.0 $625 $ 3,125.00 Review business plan presentation and assumptions.  Review of financial projections.  Internal meetings  regarding business plan. Sat 11/30/2013 2.0 $625 $ 1,250.00 Review business plan presentation and assumptions.  Review of financial projections.   228.0 $  142,500.00

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Exide Technologies - Time Summary Holden Bixler, Senior Director Claims

Day Date Time Rate Billings Description

Fri 11/1/1/3 6.7 $525 $ 3,517.50 Correspond and confer with team re: claims triage issues; review claims re: same. Review property rejection issues; correspond with Skadden re; same; confer with team re: same. Confer with team re: claims

reconciliation. Review professional payment issues. Review and revise tax payment schedule; correspond with Zolfo re: same.

Mon 11/4/2013 8.9 $525 $ 4,672.50 Nonworking travel. Attend claims reconciliation kickoff meeting; confer and correspond with team re: same; review and prepare materials re: same. Correspond and confer with team re: OCP tracking. Correspond and confer with GCG re: various issues re: claims received.

Tue 11/5/2013 8.7 $525 $ 4,567.50 Attend conferences re: OCP tracking. Participate in claims reconciliation training sessions. Correspond with team re: various next steps re: claims training and reconciliation processes. Attend team call re: status. Attend telephone conference with GCG re: claims register issues; confer with team re: same. Confer with E. Mosley re: various open issues re: claims reconciliation. Respond to inquiry re: environmental site; confer with team re: same. Correspond with Zolfo re: claims register.

Wed 11/6/2013 9.1 $525 $ 4,777.50 Attend conferences re: various tax issues; review documents re: same. Correspond and confer with team re: shipping records; review various files re; same. Review creditor presentation; confer with team re: same. Review and circulate various claims reconciliation workbooks; confer and correspond with team re: same. Correspond with team re: docketing issues. Review updated payment file; correspond with team re: same.

Thr 11/7/2013 8.6 $525 $ 4,515.00 Attend conferences re: claims reconciliation training with various reconciliation teams Attend conferences with Skadden re: claims register and status. Review OCP payment issues; correspond with team re: same. Confer with team re: shipping documentation issues; review additional data re: same. Correspond with Skadden re: additional claims reconciliation issues.

Fri 11/8/2013 8.8 $525 $ 4,620.00 Telephone conferences with team re: tasks and next steps. Review and circulate claims reconciliation worksheets to reconciliation teams. Follow-up correspondence re: various open tasks. Review precedent re: claims reconciliation; correspond with team re: same. Office conferences with L. Martinez and others re: claims reconciliation. Office conferences with J. Pickett and team re: various tax issues; correspond with Skadden re: same. Prepare and circulate initial claims summary.

Sun 11/10/2013 0.6 $525 $ 315.00 Correspond with team re: conflicts issue; review data re: same.

Mon 11/11/2013 7.9 $525 $ 4,147.50 Attend multiple telephone conferences with company, team and Skadden on various items including claims status, initial claims summary, and tax claims. Review various claims reports, updates, and proofs of claim; confer with team re: same.

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Exide Technologies - Time Summary Holden Bixler, Senior Director Claims

Day Date Time Rate Billings Description

Tue 11/12/2013 8.3 $525 $ 4,357.50 Correspond with team re: OCP updates, review docket re: same. Correspond with team re: creditor inquiry and claim notice issues. Review and comment on draft claims summary slides; summarize and circulate same. Review claims reconciliation updates and correspond with team re: same. Review updated claims summary report and various filed claims re: same.

Wed 11/13/2013 8.4 $525 $ 4,410.00 Correspond with team re: notice issues and various docket updates; review documents re: same. Correspond with team and Newmark re: rejection damage calculations; review detail re: same. Review creditor matrix addition; correspond with team re: same. Correspond with team re; claims value estimates and proper metrics for calculating same; review and summarize reporting re: same. Review updated claims slides and incorporate various comments re: same. Correspond with team re: OCP issues.

Thr 11/14/2013 4.6 $525 $ 2,415.00 Correspond with team re: various open issues including professional payments, claims review, and committee presentation. Review updated OCP tracking sheet; correspond with team re: same. Review lease amendment and Schedule G issues re: same. Review and provide comments to updated committee presentation.

Fri 11/15/2013 8.7 $525 $ 4,567.50 Revise updated claims slides and circulate for review. Review environmental fee and correspond with team re: same. Correspond with company re: claims reconciliation next steps; review and circulate reconciliation workbooks re: same; correspond with team re; same. Review reconciliation work provided by company, correspond with team re: same. Prepare and circulate update claims report and summary re: same. Confer with team re: various issues including OCP payments.

Sun 11/17/2013 0.3 $525 $ 157.50 Correspond with team re: creditors meeting presentation

Mon 11/18/2013 7.6 $525 $ 3,990.00 Attend various telephone conferences including committee meeting preparation call and case status call. Correspond and confer with team re: 503(b)(9) claims reconciliation; review material re: same. Confer with team re: claims triage status, review claims and reports re: same. Correspond with team re: lease rejection estimates. Review claims reconciliation and status; provide comments to team re; same.

Tue 11/19/2013 8.2 $525 $ 4,305.00 Attend telephone conferences with Zolfo re: claims reconciliation status; team re: same; and with team re: status. Review professional payment issue and correspond with team re: same. Review cure list; correspond with team re: same. Further review of claim docketing and reporting; provide comments to same. Review and summarize updated claims reconciliation report and committee slides; correspond with Skadden re: same. Correspond and confer with company re: claims image retrieval and review.

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Exide Technologies - Time Summary Holden Bixler, Senior Director Claims

Day Date Time Rate Billings Description

Wed 11/20/2013 8.4 $525 $ 4,410.00 Attend working sessions with Skadden re: claims reconciliation, claims objections, and preparation for creditors committee meeting. Correspond with company re: various claims issues. Correspond with team re: check run review. Correspond with team re: status and provide summary re: same. Review claim reconciliation status and prepare summary re: same. Review lease cure file and supporting material re: same; provide comments to same. Prepare 503(b)(9) training materials and summary. correspond with team re: same.

Thr 11/21/2013 7.8 $525 $ 4,095.00 Attend telephone conferences re: 503(b)(9) claims reconciliation process. Correspond with team re: tax payment notification process. Review and revise committee presentation; correspond with team re: various details re: same. Correspond and confer with team re: professional payment issues; prepare and circulate summary re: same. Review revised lease cure file and provide additional comments to same.

Fri 11/22/2013 8.1 $525 $ 4,252.50 Prepare for and attend follow up call re; 503(b)(9) claims reconciliation; various correspondence with team re: same. Further correspondence with team re: payment under first days. Further review and comment to landlord file. Confer with H. Pritchard (company) re: professional payment issues; prepare summary of same and correspond re: same. Review and revise committee presentation. Prepare, revise, and circulate lease cure assumption workbook; work with company re: cure estimates re: same. Correspond with committee re: payment under firs day motion. Prepare and circulate weekly claims report summary.

Sun 11/24/2013 0.4 $525 $ 210.00 Review and provide comments to draft committee presentation

Mon 11/25/2013 8.8 $525 $ 4,620.00 Nonworking Travel. Prepare for and attend committee meeting at Skadden NY. Correspond with team re: cure calculation issues, review material re: same.

Tue 11/26/2013 7.1 $525 $ 3,727.50 Nonworking Travel. Correspond with team re: tax payment. Correspond and confer with team re: OCP tiers and professionals. Correspond with team re; governmental entity liability; review documents re: same. Correspond with team re: claims reconciliation questions.

Wed 11/27/2013 1.2 $525 $ 630.00 Review updated claims report; correspond with team re: same.

Fri 11/29/2013 0.9 $525 $ 472.50 Prepare and circulate updated claims report summary; correspond with team re: claim objection exhibits.

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Exide Technologies - Time Summary Nick Grossi, Director

Restructuring

Day Date Time Rate Billings Description

Fri

11/1/13

      

8.60

      

525

      

4,515.00

Continue development of capex and profitability assumptions in 5-year plan. Reconcile P&L to company's enterprise reporting and 5-year plan EBITDA. Review and provide P&L, Cash flow and balance sheet for consolidation modeling. Prepare Lazard 5-year plan exhibits.

Sat

11/2/13

      

1.20

      

525

       

630.00

Update Lazard business plan deck and EBITDA bridges.

Mon

11/4/13

      

10.10

      

525

      

5,302.50

Review Technician efficiency related to service max and updated FTE structure based on capacity constraints throughout the 5-year plan. Determine restructuring costs on P&L related to closed facilities and severance payments made historically. Review Network Power flooded intercompany cost and revenue assumptions for South American local assembly project. Update Business plan deck for distribution.

Tue

11/5/13

      

10.00

      

525

      

5,250.00

Prepare for and participate in intercompany allocation reconciliation with B Furmankiewicz. Discuss topside human resource adjustment and restructuring expense and closed facility expense with D Scranton. Review first year and longer-lived warranty expense in model and update for capital investment improvements forecasted in plan.

Wed

11/6/13

      

10.30

      

525

      

5,407.50

Prepare and participate in discussion with W Chan related to historical allocations for co-located costs and shared expense in 5-year business plan period. Review intercompany payable account and review modeling of payable accrual on balance sheet. Review corporate overhead allocation and reconcile depreciation in allocated costs to historical P&L reporting. Thr

11/7/13

      

10.00

      

525

      

5,250.00

Discuss Company's Cash flow, balance sheet, and intercompany payable account with F

Vautier to understand company's reporting of intercompany activity and its impact on divisional cash flows. Review Edge and AGM TNA intercompany activity in model. 5-year business plan review and preparation of exhibits for business plan distribution. Update direct analysis for inclusion in business plan review deck.

Fri

11/8/13

      

4.30

      

525

      

2,257.50

Prepare and participate in Industrial Cores meeting with Cole, Caruso, Hall, Sorum,

Mackassay, Desart to discuss core activity and operational improvements year to date. Attend Industrial town hall status update. Reconcile Direct branch analysis and compare to EBITDA generation in model.

Sun

11/10/13

      

1.00

      

525

       

525.00

Update sales forecast presentation and distribute for discussion with A Shao.

Mon

11/11/13

      

10.50

      

525

      

5,512.50

Review 5+7 and FY15 and reconcile to 5-year business plan. Review lead credit and branch P&L and reconcile to intercompany lead expense in PPV variance. Review Lazard deck distribution for updated model changes and reconciliation items. Determine tax rates for roll-up model.

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Exide Technologies - Time Summary Nick Grossi, Director

Restructuring

Day Date Time Rate Billings Description

Tue

11/12/13

      

11.10

      

525

      

5,827.50

Meeting with M Eggert to bridge 6+6 to 7+5 and FY15 budget to forecast. Prepare Board addendum exhibit deck for 5-year business plan distribution. Prepare market study narrative for motive and network power branch and/or markets. Create individual branch exhibits for customer dynamics and market related attributes. Review regional leadership notes related to sales activity.

Wed

11/13/13

      

9.90

      

525

      

5,197.50

Prepare and participate in meeting with M Eggert, A Shoa, S O'Leary and M Jesko to discuss 5-year business plan assumptions, growth estimates, capex and production related to plants. Reconcile Company updated 7+5 and FY15 budget to -5 year plan. Meeting with B

Furmanckwiecz to understand sales in transit inventory adjustment in post-roll file and impact to standard COGS.

Thr

11/14/13

      

10.10

      

525

      

5,302.50

Prepare and participate in day-long budget reviews with Fort Smith, Columbus and Kansas City Leadership including, K Smith, B Franz, R Kaestner, R Siezmore and J Vera. Review and update forecast accordingly.

Fri

11/15/13

      

9.60

      

525

      

5,040.00

Prepare and participate in Budget review with A Shoa related to INA 5-year forecast. Participate in plant P&L and forecast review with TNA team, N Caldwell and B Whipple. Review roll-up presentation and update P&L, Balance Sheet and Cash flow.

Mon

11/18/13

      

11.50

      

525

      

6,037.50

Operations 5-Year Strategy Plan Review with N Caldwell, TNA team, and plant management to discuss operational improvements and cost-out plant initiatives. Review Columbus FY15 budget and reconciling items to updated P&L. Review Columbus actual direct labor hours and discuss with plant controller to understand and quantify forecast improvement in direct labor hours.

Tue

11/19/13

      

12.20

      

525

      

6,405.00

Prepare and participate in P&L review with Columbus, Ft Smith and Kansas City plant management and N Caldwell to discuss 5-year plan P&L by plant. Discussion with A Shao related to update to FY15 budget for plant management current thinking and operational initiative improvement status. Reconcile Technician headcount in FY15 budget to 5-year plan. Discuss sales activity and average price per cell with Lazard team.

Wed

11/20/13

      

11.50

      

525

      

6,037.50

Participate in America's status call related to current thinking on FY15 Industrial Budget. Discussion with A Shoa related to EBITDA, intercompany payable, topside adjustment related to historic bonus and net sales in 5-year business plan. Discussion with Columbus

management team and N Caldwell related to Columbus 5-year P&L, capex savings and operational improvements at the plant.

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Exide Technologies - Time Summary Nick Grossi, Director

Restructuring

Day Date Time Rate Billings Description

Thr

11/21/13

      

11.20

      

525

      

5,880.00

Half travel time to Atlanta from Chicago. Prepare and participate in management meeting with Caruso, Cole, Mosley, Shao and others related to consolidation activities. Prepare INA business plan presentational material for Executive review and discussion. Prepare and participate in discussion with B Cole and A Shao related to Industrial business plan development, status and plant dynamics throughout the forecast period.

Fri

11/22/13

      

9.00

      

525

      

4,725.00

Half travel time to Chicago from Atlanta. Prepare and participate in management meeting with Caruso, Cole, Mosley, Shao and Caldwell related to INA 5-year plan. Update/refresh motive power sales forecast. Review capital investment plan and determine cost initiative price per cell. Review INA business plan deck and update inventory roll COGS to reflect all standard COGS on Company's enterprise version financials. Meeting with A Shao to discuss various balance sheet and cash flow items in plan.

Sun

11/24/13

      

1.50

      

525

       

787.50

Review branch dynamics and regional sales forecast build with Revenue Enhancement team members.

Mon

11/25/13

      

11.60

      

525

      

6,090.00

Prepare and participate in multiple management meetings with Revenue Enhancement team, A Carcini, B Marsali, T Fredrickson and S Ludwig to discuss local market dynamic, span of control responsibilities, current market outlook and growth drivers through 5-year plan period. Update YTD Motive Power and Network Power variance analysis including market share and market size metrics.

Tue

11/26/13

      

10.90

      

525

      

5,722.50

Prepare and participate in capital investment forecast with Columbus, Fort Smith and Kansas City - Attendees include plant management, various engineers and N Caldwell. Recalculate labor and efficiency saving in 5-year plan. Review corporate allocation and engineering BU allocated expense to INA engineering BU. Prepare and participate in meeting with B Cole to review capital investment reforecast, EBITDA impact and operational savings status. Prepare, review and distribute Network and Motive Power October YTD variance analysis to leadership team. Review corporate IT spend related to plant operational improvements.

Wed

11/27/13

      

3.00

      

525

      

1,575.00

Review and aggregate available variance analysis feedback from management and field personnel. Review INA financial statements/model for distribution and consolidation package.

Sat

11/30/13

      

2.20

      

525

      

1,155.00

Update variance analysis for October ITA market data.

191.30

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Exide Technologies - Time Summary Stuart Berman, Director

Restructuring

Day Date Time Rate Billings Description

Fri 11/1/2013 6.0 $525 $3,150.00 Various meetings with Exide (D. Chronister) re: capital expenditures to-date. Working session with Exide (D. Chronister) to prepare the 7+5 forecast. Meeting with Exide (J. Thomas, D., Chronister) to review assumptions for 7+5 forecast. Meeting with Exide (D. Chronister) to discuss the ability of JDE financial accounting software to provide month-to-date expenditures vs. forecast. Review labor and scrap reports identifying opportunities for improvement. Travel from Salina to Chicago (billed at 50%).

Mon 11/4/2013 8.0 $525 $4,200.00 Travel from Chicago to Salina (billed at 50%). Various meetings with Salina Management Team re: October, 2013 operating results. Review October, 2013 closing package with Exide (D. Chronister). Discussion with Exide (D. Chronister) re: history of Kronos implementation to-date. Participate in weekly Corporate/Exide SyOps call. Review 5+7 forecast with Exide (D. Chronister).

Tue 11/5/2013 8.8 $525 $4,593.75 Participate in Management review of 5-year CapEx Plan. Review draft of October, 2013 financial statements; compare to forecast and budget. Meetings with Exide (D. Chronister, L. Schmutz) re: accounts payable approval process. Meeting with Exide (W. Garman) re: inventory cycle count and reporting process. Conference call with Salina and Corporate Management to review results of 10/2013 Lead Scrap Audit. Meeting with Exide (D. Chronister, S. Quackenbush) re: Kronos, custom software and daily metrics. Meeting with Exide (C. Dreiling) re: addendum to Smokey Hill CER. Discussions with Exide (D. Chronister) re: OMI parts and outside services expenditures to-date.

Wed 11/6/2013 9.0 $525 $4,725.00 Meetings with Exide (D. Chronister, B. Elliott) re: direct/indirect labor reporting by department. Meeting with Exide (D. Chronister) to review October, 2013 operating results vs. 5+7 forecast. Reconciliation of October, 2013 operating result flash reports to financial statements. Discussions with Exide (D. Chronister, S. Quackenbush) re: communications from Exide (D. Bautz) pertaining to the implementation of the Kronos timekeeping system, hardware, kick-off meeting, cabling and placement of devices. Meeting with Exide (C. Alstatt, D. Chronister, C. Loveless, B. Burke, C. Dreiling, D. O"Neil) to review October, 2013 department expenditures and open purchase orders vs. forecast. Discussion with Exide (J. Thomas) re: 5+7 forecast, SBM contract and Thursday

Management meeting. Various discussions/communication with local team re: Kronos implementation and kick-off meeting.

Thur 11/7/2013 9.3 $525 $4,856.25 Various meetings with Exide Management re: staffing initiatives. Participation in weekly Management Team Meeting. Meetings with Exide (D. Chronister) re: October, 2013 operating results and presentation to Management Team. Various meetings and communications with Exide (S. Gonzales, D. Chronister, S. Quackenbush) re: Kronos system implementation. Analysis of 10/2013 vs.12/2011 proposal to outsource janitorial/facilities services vs. retaining in-house. Meeting with Exide (D. Chronister) re:5+7 forecast. Discussion with Exide (J. Thomas) re: staffing and SBM Maintenance contract.

Fri 11/8/2013 8.0 $525 $4,200.00 Meetings with Exide (D. Chronister) re: SBM proposal to outsource janitorial/facilities services. Meeting with Exide Management Team and Bosch Quality Auditor (Paul) to review quality audit findings. Meeting with Exide (D. Chronister) to discuss production standards, routings and the effect on recovery since changing to a lead-content recovery methodology. Travel from Salina to Chicago (billed at 50%).

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Exide Technologies - Time Summary Stuart Berman, Director

Restructuring

Day Date Time Rate Billings Description

Mon 11/11/2013 8.0 $525 $4,200.00 Travel from Chicago to Salina (billed at 50%). Various meetings with Exide Management to review 2014 proposed staffing, downsizing and volume requirements. Participation in weekly SyOps conference call. Meetings with Exide (J. Thomas, D. Chronister) re: 7+5 forecast (v1). Reconcile 7+5 to 5+7 forecast in preparation for meeting with Exide (J. Thomas). Meetings with Exide (D. Chronister, B. Emmel) re: SBM housekeeping initiative and proposed personnel reductions.

Tue 11/12/2013 9.0 $525 $4,725.00 Various meetings with Exide (J. Thomas, D. Chronister) re: 7+5 forecast vs. 5+7 forecast. Meeting with Exide (D. Chronister) to review 7+5 forecast expense and volume assumptions. Participation in Kronos kick-off meeting with Exide (D. Chronister, S. Quackenbush, S. Gonzales, D. Bautz). Prepare Capital Expenditure Request (CER) for Kronos payroll system. Meetings with Exide (S. Quackenbush) re: cabling and hardware required for Kronos timekeeping system. Meeting with Exide Management re: migrating from present staffing levels to 2014 planned requirements.

Wed 11/13/2013 9.3 $525 $4,882.50 Various meetings with Exide (J. Thomas, D. Chronister) re: 7+5 forecast vs. 5+7 (v1) forecast. Meeting with Exide (C. Dreiling) re: Kronos CER. Email exchanges with Exide (J. Bidleman, D. Bautz) re: Kronos CER. Reconcile 5+7 forecast (v2) to FY14 budget. Meetings with Exide (J. Thomas, D. Chronister) re: 7+5 forecast (v2) following change to production mix.

Thur 11/14/2013 9.3 $525 $4,882.50 Various meetings with Exide (J. Thomas, D. Chronister) re: 7+5 forecast vs. 5+7 forecast. Meeting with Exide (D. Chronister) to review 7+5 forecast calculations attributable to change in product mix. Conference call with Exide (N. Caldwell, B. Whipple, J. Thomas, D. Chronister) to review 7+5 vs. 5+7 forecast. Participation in Exide weekly Management Team meeting. Conference call with Exide (S. Gonzales, D. Chronister) and Exide Kansas City (D. Lange) to discuss "lessons learned" from their Kronos implementation. Various communications with (J. Bidleman, D. Feldkamp) re: Kronos CER. Conference call with Exide (J. Thomas, D. Chronister, B. Emmel) and SBM (K. Hermann) re: outsourcing janitorial services.

Fri 11/15/2013 8.0 $525 $4,200.00 Meeting wit Exide (D. Chronister) to review existing Management reporting. Meetings with Exide (D. Chronister) to review options for implementing reports by department and cost center capturing month-to-date expenses and open purchase orders. Meeting with Exide (D. Chronister, S. Gonzales) to review site-survey for Kronos timekeeping implementation. Meeting with Exide (S. Quackenbush, D. Chronister) to discuss existing management reports. Travel from Salina to Chicago (billed at 50%).

Mon 11/18/2013 8.0 $525 $4,200.00 Travel from Chicago to Salina (billed at 50%). Meeting with Exide (D. Chronister) to review 7+5 Forecast vs. Month-to-Date expense reporting matrix. Review 7+5 forecast vs. Month-to-Date expenses as of 11/18/2013. Conference call with Exide (N. Caldwell, J. Thomas, D. Chronister) re: the 5-year plan. Meeting with Exide (D. Chronister, J. Thomas) re: product mix and volume assumptions in the 5-year plan. Meetings with Exide (D. Chronister, B. Emmel) re: SBM housekeeping initiative and proposed personnel reductions. Participation in weekly SyOps conference call.

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Exide Technologies - Time Summary Stuart Berman, Director

Restructuring

Day Date Time Rate Billings Description

Tue 11/19/2013 10.0 $525 $5,250.00 Various meetings with Exide (D. Chronister) to review development of 7+5 Forecast vs. Month-to-Date expense reporting matrix. Meeting with Exide (J. Thomas, D. Chronister, B. Emmel re: SBM Maintenance Services initiative. Conference call with SBM (K. Herrman) and Exide (D. Chronister, B. Emmel) to discuss the 11/15/2013 revisions to the monthly quotation. Meeting with Exide Management re: migrating from present staffing levels to 2014 planned requirements. Meeting with Exide (D. Chronister, J. Thomas) re: the reporting of efficiency and scrap. Meeting with Exide (D. Chronister, S. Quackenbush) re: conference room video equipment. Meeting with Exide (D. Chronister) re: reporting of scrap and labor metrics. Update SBM quotation analysis to reflect changes in fees and scope of work based upon the 11/15/2013 revision to pricing.

Wed 11/20/2013 9.8 $525 $5,145.00 Meeting with Exide (D. Chronister, S Quackenbush) re: migrating production and efficiency reports for presentation on the conference room video equipment. Participation in the monthly QMS Corporate Review. Participation in the monthly QMS Plant Review. Meeting with Exide (D. Chronister, B. Emmel) to discuss SBM Maintenance Services and the realignment of housekeeping personnel. Various meetings with Exide (D. Chronister) to review the reporting matrix for capturing expenditures to-date vs. forecast. Meeting with Exide (D., Chronister) to discuss a process for tracking P-Card purchases. Review November expenditures and open purchase orders in preparation for meeting with Exide (C. Alstatt). Meeting with Exide (D. Chronister, C., Alstatt, C. Loveless, C. Dreiling, L Swagerty) re: maintenance and housekeeping expenditures month-to-date vs. forecast.

Thur 11/21/2013 10.0 $525 $5,250.00 Meeting with Exide (L. Schmutz) re: the accounts payable process from processing P-Card charges. Meeting with Exide (L. Slavik, T. Nelson) re: tracking P-Card purchases. Meeting with Exide (B. Emmel) re: staffing. Query JDE financial accounting software for FY13 and FY14 disbursements by vendor, date, amount. Conference call with Exide (N. Caldwell, B. Whipple) re: staffing and D-shift personnel. Meeting with Exide (B. Emmel) re: staffing. Meeting with Exide (B. Emmel) re: outsourcing janitorial services to SBM and the purchase of building supplies. Various communications with Exide (J. Bidleman, P. Menor) re: National Contracts. Participation in weekly Management Team meeting.

Fri 11/22/2013 8.5 $525 $4,462.50 Meeting with Exide (C. Carpenter) re: tracking P-card purchases. Conference call with Salina Management Team and Exide Corporate (S. Hogan, J. Bidleman, M. Shestok, J. Stewart) to discuss OMI future plans. Meeting with Exide (D. Chronister, J. Thomas) to discuss reporting to Milton Finance personnel. Travel from Salina to Chicago (billed at 50%).

Mon 11/25/2013 9.5 $525 $4,987.50 Travel from Chicago to Salina (billed at 50%). Various meetings with Exide (J. Thomas, D. Chronister) re: OMI vs. commercial line presentation deck. Various meetings with (B. Emmel, J. Thomas) re: staffing and employee retention. Working session with D, Chronister re: the JDE accounting software chart of accounts and cost center assignments. Participation in weekly Corporate/Exide SyOps call.

Tue 11/26/2013 9.3 $525 $4,882.50 Meeting with White Pine Ancaster (A. Davis) re: OMI vs. Standard line costs. Meeting with White Pine Ancaster (A. Davis), Exide (J. Thomas) to review Salina's 5-year plan. Meeting with White Pine Ancaster (A. Davis), Exide (J. Thomas) to review OMI vs. Standard line presentation deck. Working session with Exide (D. Chronister) re: month-to-date disbursements by cost center and general ledger account number.

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Exide Technologies - Time Summary Stuart Berman, Director

Restructuring

Day Date Time Rate Billings Description

Wed 11/27/2013 6.5 $525 $3,412.50 Preparation of status report to Exide (N. Caldwell) for the week ended 11/29/2013. Prepare analysis and discussion notes of accounts payable disbursements for FY13 and FY14 to-date. Working session with Exide (D. Chronister) to review FY13 and FY14 vendor/suppler disbursements. Travel from Salina to Chicago (billed at 50%).

(30)

Exide Technologies - Time Summary Tony Simion, Director

Restructuring

Day Date Time Rate Billings Description

Fri

11/1/2013 2.9 $500 $ 1,450.00 Attended via teleconference the weekly UCC advisor meeting to discuss liquidity and operational updates, worked on corporate overhead business plan update with information related to related 7+5 forecast.

Sun

11/3/2013 0.8 $500 $ 400.00 Reviewed current draft of presentation to be presented to Lazard related to outlook period.

Mon

11/4/2013 11.2 $500 $ 5,600.00 Travel time billed at 1/2 hourly rates from Detroit to Atlanta to work at Exide HQ, reviewed draft of presentation to be presented to Lazard, worked with Company on customer credit card issue at branches and potential

resolution, reviewed CAPEX covenant definition and provided commentary to IB related to Q2 actual results, discussed with Company, edited divisional 5 year business plan model for G&A expenses and headcount assumptions.

Tues

11/5/2013 10.3 $500 $ 5,150.00 Attended weekly European call to discuss cash flow forecast, local lines of credit and outstanding items; reviewed Europe's actuals receipts and disbursements for the prior week versus their forecast for commentary in weekly variance report; recategorized US disbursements to determine CAPEX amounts versus normal disbursements; discussed with IT group the base plan assumptions related to global ERP rollout.

Wed

11/6/2013 12.2 $500 $ 6,100.00 Discussed with IT group alternative scenarios of ERP implementations dependent on divisions and regions capabilities; edited presentation slides for draft of 5 year business plan related to IT implementation and potential savings in Europe; worked with Europe on their allocated corporate overhead costs contained within the 5 year business plan; reconciled advisory fees related to bank group to confirm it was not related to closing expenses.

Thr

11/7/2013 11.9 $500 $ 5,950.00 Revised European 5 year corporate allocations assumptions based on feedback from management; discussed IT and Engineering allocations within the business plan with management and confirmed allocation methodology; distributed weekly variance report to constituents; discussed branch level credit card issue currently occurring and potential solutions, edited IB presentation with latest information on IT rollout, and travel time (1/2 billed) between Atlanta (Exide) and Detroit.

Fri

11/8/2013 4.1 $500 $ 2,050.00 Attended via conference call the weekly variance reporting of liquidity to UCC and advisors, outlined for IT the scenarios required for the 5 year business plan and timing of deliverables; read Vernon DSTC Stipulation agreement and requirements related to funding separate account; provided operational update on plant performance for UCC.

Mon

11/11/2013 10.6 $500 $ 5,300.00 Travel time billed at 1/2 hourly rates from Detroit to Atlanta to work at Exide HQ, edited IT 5 year business plan after discussions with management and timing of rollout of ERP, began to analyze alternative scenario of sold division in North America and the impact to corporate overhead costs, reviewed company competitor overview presentation requested by IT consultants.

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Exide Technologies - Time Summary Tony Simion, Director

Restructuring

Day Date Time Rate Billings Description

Tues

11/12/2013 10.1 $500 $ 5,050.00 Recategorized disbursements for CAPEX related items for weekly liquidity variance report; worked with recycling manager to determine procedure for forecast site capex expenses due to DSTC agreement; reviewed NA actual cash receipts and disbursements results versus forecast; identified new personnel for payroll forecasting.

Wed

11/13/2013 11.3 $500 $ 5,650.00 Attended via conference call a review of Europe's cash flow forecast; reviewed overview of business plan assumptions to confirm they are in align with the 5 year business plan for corporate overhead; distributed to various department heads their FY15 budgets to confirm headcount assumptions; travel time (1/2 billed) between Atlanta (Exide) and Detroit.

Thr

11/14/2013 4.5 $500 $ 2,250.00 Distributed weekly variance report of prior weeks actual performance to Sr. Noteholders and UCC advisors; attended meeting via conference call with Sr. Noteholders to discuss operations and liquidity; attended meeting via conference call regarding SG&A summary for all divisions; reconciled professional services invoices to confirm payments; confirmed budgeting line item for corporate recruiting with HR.

Fri

11/15/2013 4.7 $500 $ 2,350.00 Attended meeting via conference call to discuss Global IT 5 year business plan related to timing and rollout of ERP; attended weekly conference call with UCC advisors related to liquidity and operations; discussed with management Mexico's operations and potential restructuring initiatives.

Sun

11/17/2013 0.3 $500 $ 150.00 Reviewed emails and replied to counsel questions related to outstanding L/Cs with Wells Fargo.

Mon

11/18/2013 10.0 $500 $ 5,000.00 Travel time billed at 1/2 hourly rates from Detroit to Atlanta to work at Exide HQ, continued to work with IT group on assumptions and cost of ERP rollout for 5 year business plan; reviewed draft of October Borrowing Base; reviewed information received from local management in Mexico for potential restructuring initiatives; revised Transportation North America G&A business plan model.

Tues

11/19/2013 11.7 $500 $ 5,850.00 Attended weekly European teleconference related to liquidity; continued to revise monthly DIP Compliance Report; discussed with counsel a potential DIP amendment related to resolution of credit card transactions; attended meeting with Management to discuss SG&A assumptions and costs included in 5 year plan; discussed with HR assumptions related to benefit costs in out years; reviewed with purchasing the latest cash flow forecast of disbursements for US; distributed quarterly DIP compliance report to lenders.

Wed

11/20/2013 10.2 $500 $ 5,100.00 Reviewed Europe and North America's actual weekly cash receipts and disbursements versus forecast in preparation for weekly variance report; discussed with corporate controller the forecast pension cash payments to be included in 5 year business plan; continued to work with purchasing department on forecast disbursements; continued to discuss with management the options for Mexico; distributed monthly borrowing base file.

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Exide Technologies - Time Summary Tony Simion, Director

Restructuring

Day Date Time Rate Billings Description

Thr

11/21/2013 9.5 $500 $ 4,750.00 Distributed weekly variance report to Sr. Noteholders and UCC; attended weekly Sr. Noteholders advisor meeting to discuss operations and liquidity; discussed with management the latest draft of the cash flow forecast;

discussed with management and counsel the handling of PIK interest on pre-petition bonds; outlined existing L/C's remaining with Wells Fargo to determine which can be paid off or transferred to JPM; worked on October DIP Compliance Report; provided commentary on Europe's cash flow forecast based on DIP forecast.

Fri

11/22/2013 8.4 $500 $ 4,200.00 Led weekly UCC advisor liquidity variance report teleconference; investigated CAPEX disbursements for non-Vernon related plants; discussed with JPM the timing of the field survey; continued to edit Corporate Overhead 5 year business plan based on new information from company; travel time (1/2 billed) between Atlanta (Exide) and Detroit.

Sat

11/23/2013 0.4 $500 $ 200.00 Reviewed emails and distributed budget files to various people for updates to 5 year business plan.

Mon

11/25/2013 8.2 $500 $ 4,100.00 Edited Corporate Overhead allocation model to reflect depreciation expense by division for modeling purposes; reviewed ending liquidity position as of 11/23; discussed with corporate controller the handling of prepetition bonds and the correct calculation of PIK interest; worked with Treasury group related to outstanding L/C with Wells Fargo and the process of cancelling them.

Tues

11/26/2013 6.8 $500 $ 3,400.00 Revised 5 year business plan for new assumptions related to 401k and merit increases; reviewed weekly variance report and latest turn of the 13 week CFF; attended meeting via teleconference with management on latest version of 13 week CFF.

Wed

11/27/2013 3.2 $500 $ 1,600.00 Discussed with management via conference call the draft cash flow forecast and variance report; discussed with management current business plan for Mexico and expectations for FY2015; edited 5 year business plan with latest forecast information for divisional G&A.

Fri

11/29/2013 1.8 $500 $ 900.00 Finalized October DIP Compliance Report for distribution, edited and submitted via email 13 week CCF and weekly variance report to UCC and Senior Noteholders and their advisors.

Figure

Updating...

References

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