Common use of VEHICLE PURCHASE PLANS Clause in Contracts

VEHICLE PURCHASE PLANS. U.S. Global Visteon Employees shall be permitted to participate in Ford's Vehicle Purchase Plan consisting of the "A Plan" indefinitely. After the Distribution Date, U.S. Global Visteon Employees shall not be eligible to participate in Ford's "B Plan" (except as provided above in Section 4.01). After the Distribution Date, U.S. Global Visteon Employees shall not be eligible to nominate purchasers under the "X-Plan". Ford Retirees shall continue to be eligible to participate in such plans after the Distribution Date according to the terms of such plans.

Appears in 4 contracts

Samples: Employee Transition Agreement (Visteon Corp), Employee Transition Agreement (Visteon Corp), Employee Transition Agreement (Visteon Corp)

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