Exhibit 10.4

TRADEMARK LICENSE AGREEMENT

This TRADEMARK LICENSE AGREEMENT (“License”) is made and entered into July 31, 1994, by and among DRA, Inc., a company organized under the laws of the State of Delaware (“DRA”), DR International, Inc., a company organized under the laws of the State of Delaware (“DRI” and, together with DRA, the “Licensee”), and General Motors Corporation, through its Delco Remy Division, a corporation organized under the laws of the State of Delaware (“GM”).

WITNESSETH

WHEREAS, GM, DRI and DRA have entered into the Asset Purchase Agreement dated July 13, 1994 (the “Asset Purchase Agreement”) under which DRA has acquired (the “Acquisition”) certain assets and assumed certain liabilities of the Delco Remy Division.

WHEREAS, DRI and DRA desire to acquire, and GM is willing to grant, a license to use certain trademarks and tradenames of Delco Remy Division world-wide.

NOW THEREFORE, in consideration of the mutual promises contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties, for themselves and their successors and assigns, agree as follows:

The following terms have the meaning ascribed to them herein:

Businesses. The term “Businesses” shall mean the production, distribution, sale and servicing of heavy duty starter motors and generators (“Heavy Duty Starter Motors Business”), remanufactured heavy duty starter motors and generators (“HD Reman Business”), light duty starter motors (“Light Duty Starter Motor Business”), remanufactured light duty starter motors (“LD Reman Business”), and powder metal forge (“PMF Business”).

Closing. The term “Closing” has the meaning ascribed to it in the Asset Purchase Agreement.

Component Supply Agreements. The term “Component Supply Agreements” means the Heavy Duty Component Supply Agreement, Light Duty Component Supply Agreement, Powder Metal Forge Component Supply Agreement and Distribution and Supply Agreement between DRA and GM included among the Ancillary Agreements to the Asset Purchase Agreement.

Delco Remy Trademarks. “Delco Remy Trademarks” means “DELCO REMY”, “DELCO REMY AMERICA”, “DELCOTRON” (with regard to heavy duty generators only), the “DELCO REMY AMERICA logo” as set forth in Exhibit A, and such other logotypes containing “Delco Remy” as DRA or DRI may adopt (subject to GM’s written consent not to be unreasonably delayed or withheld) and use during the term of this license as provided herein.

Delco Remy Tradenames. The term “Delco Remy Tradenames” shall mean “Delco Remy America” and/or “Delco Remy International”.

Effective Date. The term “Effective Date” means the date of this Agreement.

Product Liability Insurance. The term “Product Liability Insurance” means insurance maintained by Licensee in accordance with Paragraph 5 hereof.

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Products. The term “Products” means the products manufactured by the Businesses as of the date of the signing of this License and any replacements and extensions thereof.

Quality Standards. The term “Quality Standards” has the meaning described in Paragraph 6(a) herein.

Remy Trademarks. “Remy Trademarks” means “REMY”, “REMY AMERICA”, “REMY INTERNATIONAL”, and such logotypes as Licensee may adopt containing “REMY”, “REMY AMERICA” or “REMY INTERNATIONAL”.

Remy Tradenames. “Remy Tradenames” means “REMY AMERICA” and “REMY INTERNATIONAL.”

Territory. GM and Licensee have agreed that Licensee shall be entitled to use the Delco Remy Trademarks world-wide. However, the term “Territory” shall mean initially the United States (its territories and possessions including, without limitation, Puerto Rico and the U.S. Virgin Islands), Mexico, Canada, and such other countries set forth on Exhibit B, as may be expanded as provided in Paragraph 4(e) herein.

Trademarks. “Trademarks” means the “Delco Remy Trademarks”, the “Remy Trademarks,” and any other term that GM authorizes as provided herein for use as a trademark.

Tradenames. The term “Tradenames” shall mean the Delco Remy Tradenames and the Remy Tradenames.

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Tradename License Agreement. The term “Tradename License Agreement” shall mean the Tradename License Agreement among GM, DRA and DRI.

Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in the Asset Purchase Agreement.

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Licensee recognizes the value of the goodwill associated with the Trademarks and acknowledges that, except for assignments pursuant to Paragraph 8 of this Agreement, the Trademarks, and all rights therein and the goodwill pertaining thereto, belong exclusively to GM and that the Trademarks have acquired secondary meaning in the mind of the public in association with GM. Notwithstanding anything to the contrary expressed in this License, Licensee shall not acquire, be deemed to have acquired and shall not claim any rights to the Trademarks other than the rights granted by GM under this License or pursuant to Paragraph 8 of this Agreement.

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Licensee agrees that it will obtain as of the Closing, at its own expense, Product Liability Insurance from a recognized insurance company which is qualified to do business in the State of Indiana, providing adequate protection (in the minimum amount of five million dollars ($5,000,000) per occurrence) for GM (as well as Licensee) against any product liability claims related to the Products. As proof of such insurance, a certificate of Product Liability Insurance, naming GM as an additional insured party (and setting forth the amount of insurance, the policy number, the date of expiration and including a provision requiring that GM be given thirty (30) days written notice prior to termination, reduction or modification of such insurance

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coverage) shall be submitted to GM by Licensee within thirty (30) days after the execution of this License. Upon modification thereof, Licensee shall furnish promptly to GM a copy of the modified certificate of Product Liability Insurance. Licensee’s procurement of Product Liability Insurance or furnishing to GM a certificate therefor shall not relieve Licensee of its obligation or liabilities under this License.

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Licensee agrees that, on or before six (6) months after the Effective Date and throughout the Term of this License, it will cause to appear where practical or appropriate when a Delco Remy Trademark is used (a) on all advertising, promotional

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and point-of-sale materials (including, without limitation, brochures and catalogs) used by Licensee in connection with the Products; and (b) within the bulk shipment of any large quantity of Products shipped in bulk to an end user, a notice that the term “DELCO REMY” is a registered trademark of GM (“Trademark Notice”) and a notice that the Delco Remy Trademarks are being used by Licensee pursuant to this License from GM (“License Notice”), unless other notice is authorized by GM or is necessary or desirable under the law or practice of the country. The Trademark Notice shall consist substantially of the following: “DELCO REMY is a registered trademark of General Motors Corporation used under license.” All advertising and promotional materials bearing a Delco Remy Trademark used by Licensee in connection with the Products shall contain the foregoing notice, unless other notice is authorized by GM or is necessary or desirable under the law or practice of the country.

GM will, within 30 days after Licensee’s written request, transfer and assign, or cause to be transferred and assigned, to a Licensee or its designee the right, title and interest to the Remy Trademarks in such country or countries as Licensee may designate, to the extent that such transfer and assignment is permissible under applicable law, together with all assignments and other documents necessary to effect such transfer and all records relating to the registration of such marks. Licensee’s use of the Remy Trademarks after any such transfer will remain subject to Licensee’s covenants under Paragraph 2(f) of this Agreement. Licensee will bear the expense of preparing and recording such documents and assignments as well as all out-of-pocket legal costs, taxes, and fees related thereto. Licensee may exercise its right to cause GM to transfer the Remy Trademarks from time to time in such countries as its chooses until it has acquired all right, title and interest to the Remy Trademarks in all countries. To the extent necessary, the parties will enter into such consent agreement as is appropriate under the laws of each such country to ensure the protection of the Remy Trademarks as to Licensee and the Delco Remy Trademarks as to GM.

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Contemporaneous with each such transfer and assignment, GM will, to the extent requested by Licensee in writing, voluntarily partially cancel, abandon, relinquish or limit any of its or its affiliates’ rights to and registrations of Delco Remy Trademarks in such country or countries with respect to Products, provided, however, that Licensee will not thereafter sell Products in such country or countries under the Delco Remy Trademarks if registration with respect to Products would be required there. Nothing herein will limit GM’s ability to use, license, register, or maintain registrations for the Delco Remy Trademarks on or in connection with, or in relation to, any product or service of the Delco Remy Division as of the Closing Date other than the Products. With respect to each country in which Licensee has been assigned the Remy Trademarks, as of the effective date of any such assignment the Remy Trademarks will no longer be subject to this License in such country, the definition of the term “Trademarks” in this Agreement will exclude the Remy Trademarks as to such country, and Licensee’s covenants and acknowledgements in Paragraphs 2(d), 3 and 4 with respect to the Delco Remy Trademarks will not be interpreted to limit or restrict Licensee’s use of or rights to the Remy Tradenames as to such country, provided, however, that such changes will not alter Licensee’s covenants under Paragraph 2(f) of this Agreement.

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After expiration or termination of this License under the provisions of Paragraph 9, Licensee may dispose of Products bearing Trademarks which were manufactured prior to the time of expiration or termination. Licensee shall in no event manufacture, promote, assemble, sell, exploit or dispose of any Product bearing Trademarks after termination of this License, where such termination was based on the material departure by Licensee from the Quality Standards required by Paragraph 6(a) of this License.

Upon and after the expiration or termination of this License, the license granted to Licensee hereunder shall forthwith revert to GM, except as provided in Paragraph 10, and Licensee shall execute any instruments reasonably requested by GM, at GM’s expense, to accomplish or confirm the foregoing, provided, however, that such expiration or termination shall not in any way diminish, limit, revoke, or cause any reversion of, Licensee’s rights to the trademarks and tradenames transferred and assigned under the Asset Purchase Agreement or pursuant to Paragraph 8 of this Agreement.

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All communications, notices and exchanges of information contemplated herein, or required or permitted to be given under this License, must be in writing and will be deemed effective when delivered in person or on the third business day after the day on which such notice is mailed by the highest class of regular mail to the following addresses:

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Nothing in this License shall be construed to place the parties in a relationship whereby either shall be considered to be the agent of the other for any purpose whatsoever. Neither party is authorized to bind the other party or to enter into any contract or assume any obligation for the other. Any such unauthorized act will be null and void as to the party for which such obligations were assumed. Nothing in this License shall be construed to establish a relationship of partners or joint venturers between GM and Licensee. Each party is individually responsible only for its own obligations, duties and promises as set out in this License.

With the exception of the license of the Remy Trademarks and Licensee’s rights under Paragraph 8, this License and each part hereof and all rights and duties hereunder are personal to Licensee and shall not, without the prior written consent of GM, be assigned, mortgaged, sublicensed or otherwise encumbered by Licensee or by operation of law. If Licensee determines that it needs to enter into a sublicense or joint license with respect to the Delco Remy Trademarks, it should make such request in writing to GM. Such request should state the name and address of the company for which the sublicense or joint license is sought, a description of such company and

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sufficient financial information with respect to such company which will enable GM to satisfy itself as to financial health and standing of such company. Licensee must also set forth the Products for which a sublicense or joint license is sought, the intended customers and why it believes a sublicense or joint license is necessary and what steps will be taken to protect the trademarks and assure the quality of the Products involved. Notwithstanding the foregoing, GM may assign this License without first obtaining Licensee’s written consent to any wholly owned subsidiary company of GM, and Licensee may assign this License as part of an internal reorganization or to the successor of all or substantially all of its business.

None of the terms of this License can be waived or modified except by an express agreement in writing signed by all of the parties. There are no representations, promises, warranties, covenants or undertakings other than those contained in this License and Exhibits hereto, and the Asset Purchase Agreement, which represent the entire understanding of the parties hereto relating to the subject matter thereof. The failure of either party hereto to enforce, or the delay by either party in enforcing, any of its rights under this License shall not be deemed a continuing waiver or a modification thereof, and either party may, within the time provided by applicable law, commence appropriate legal proceedings to enforce any or all of such rights. No person, firm, group or corporation other than Licensee and GM shall be deemed to have acquired any rights by reason of anything contained in this License.

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IN WITNESS WHEREOF, GM and DRA have caused this Agreement to be executed by their duly authorized representatives on the day and year first written above.

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EXHIBIT A

DELCO REMY AMERICA LOGO

PMS #185 and Black

4-20-94

Trademark License Agreement

Exhibit A

EXHIBIT B

LICENSED TERRITORIES

Trademark License Agreement

Exhibit B