8. The New Chrysler CEO may only be appointed with the approval of Fiat and may ultimately be a Fiat employee. Fiat will also have a veto over so-called Major Decisions of New Chrysler.5 The list of Major Decisions covered by Fiat's veto right includes decisions such as the opening or reopening of a major production facility as well as capital investment and commitment by New Chrysler exceeding USD 250 million, decisions with importance for the long-run production strategy and the economic recovery of New Chrysler. In addition, Fiat will have a right of veto over the initial annual operating budget and the business plan to be adopted by New Chrysler.