1 EXHIBIT 10.22 TALON LOGO TALON AUTOMOTIVE 900 Wilshire Drive GROUP LLC Suite 203 Troy, Michigan 48084 (810) 362-7600 CONFIDENTIAL Fax: (810) 362-7617 MEMORANDUM - -------------------------------------------------------------------------------- TO: DAVID J. WOODWARD FROM: DEL STANLEY DATE: FEBRUARY 6, 1996 RE: SEVERANCE AGREEMENT - -------------------------------------------------------------------------------- This is to advise you that if you were to be terminated without cause, the Talon Automotive Group ("the Company") will pay you at least one (1) year's base salary as severance pay. This pay will be in full satisfaction of all claims against the Company, except for payments which may be due from the Company's deferred compensation program. Any amounts are contingent upon your executing a satisfactory release of any and all claims against the Company and is payable in twelve (12) equal consecutive installments following the date of execution of the release, less all applicable federal, state and local taxes. DOS/apt