No Further Liability. Upon receipt of the transferred assets from the GRP, neither Ford nor the GRP shall have any further liability to the Group III Employees for benefits for service under the GRP with respect to which liabilities and assets have been transferred. Ford and Visteon shall use their respective best efforts to make amendments to their respective plans and trusts as may be necessary or appropriate to effect the transfers contemplated by these provisions.
Appears in 5 contracts
Samples: Employee Transition Agreement, Employee Transition Agreement (Visteon Corp), Employee Transition Agreement (Visteon Corp)
