FIRST AMENDMENT TO THE PLAN SUPPORT AGREEMENT
Exhibit E
Execution Copy
FIRST AMENDMENT TO THE PLAN SUPPORT AGREEMENT
This First Amendment (this “Amendment”), dated as of June 13, 2010, is made and
entered into by and among Visteon Corporation (as debtor-in-possession and a reorganized debtor, as
applicable, the “Company”), the other Debtors, and the Consenting Senior Note Holders whose
signatures are set forth below (the “Amending Note Holders”). Capitalized terms used and
not otherwise defined herein have the meanings set forth in the Plan Support Agreement (as defined
below).
WHEREAS, the Debtors and the Amending Note Holders are parties to that certain Plan Support
Agreement, dated as of May 6, 2010 (as amended, the “Plan Support Agreement”);
WHEREAS, Section 8.5(c) of the Plan Support Agreement provides that the Plan Support Agreement
may be amended only in a writing signed by the Debtors and the Requisite Senior Note Holders,
subject to the other provisions set forth therein; and
WHEREAS, the Debtors and the Amending Note Holders wish to amend the Plan Support Agreement,
and the Amending Note Holders [include all of Requisite Senior Note Holders];
NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein and
in the Plan Support Agreement and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
A. Amendments to the Plan Support Agreement. The Plan Support Agreement is
hereby amended as follows:
1. Exhibit A to the Plan Support Agreement. Exhibit A to the Plan Support
Agreement shall be replaced by the Fourth Amended Joint Plan of Reorganization of Visteon
Corporation and Its Debtor Affiliates Pursuant to Chapter 11 of the United States Bankruptcy Code
attached as Exhibit 1 to this Amendment (the “Amended Plan”). All references to
the Amended Plan contained in the Plan Support Agreement shall refer to the Amended Plan attached
to this Amendment.
2. Exhibit B to the Plan Support Agreement. Exhibit B to the Plan Support
Agreement shall be replaced by the Fourth Amended Disclosure Statement for the Fourth Amended Joint
Plan of Reorganization of Visteon Corporation and Its Debtor Affiliates Pursuant to Chapter 11 of
the United States Bankruptcy Code attached as Exhibit 2 to this Amendment (the
“Disclosure Statement”). All references to the Disclosure Statement contained in the Plan
Support Agreement shall refer to the Disclosure Statement attached to this Amendment.
3. Section 7.1(c)(2). Section 7.1(c)(2) of the Plan Support Agreement shall
be amended to the following: “the Debtors have not filed the Amended Plan and the Disclosure
Statement with the Bankruptcy Court on or before June 15, 2010, or such later date as may be agreed
to by the Requisite Senior Note Holders.”
B. Miscellaneous. This Amendment and the Plan Support Agreement, together,
contain the complete agreement among the parties hereto and thereto and supersede any prior
understandings, agreements, letters of intent, or representations by or among such parties, written
or oral, that may have related to the subject matter hereof in any way. Except as specifically
amended hereby, the Plan Support Agreement, as amended hereby, shall remain in full force and
effect. The terms and provisions of Sections 8.1, 8.3, 8.4, 8.5, the first paragraph of Section
8.7, 8.11 and 8.12 of the Plan Support Agreement are incorporated herein by reference as if set
forth herein in their entirety and shall apply mutatis mutandis to this Amendment.
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IN WITNESS WHEREOF, the parties have executed or caused this Amendment to be executed as of the
date first written above.
VISTEON CORPORATION (on behalf of itself and its Debtor affiliates) |
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By: | ||||
Name: | ||||
Title: | ||||
[First Amendment to the Plan Support Agreement — Debtors Signature Page]
CONSENTING SENIOR NOTE HOLDER CQS Directional Opportunities Master Fund Limited |
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By: | ||||
Name: | ||||
Title: | ||||
[First Amendment to the Plan Support Agreement — Consenting Senior Note Holder Signature Page]
CONSENTING SENIOR NOTE HOLDER Kivu Investment Fund Limited |
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By: | ||||
Name: | ||||
Title: | ||||
[First Amendment to the Plan Support Agreement — Consenting Senior Note Holder Signature Page]
CONSENTING SENIOR NOTE HOLDER Deutsche Bank Securities Inc. (solely with respect to the Distressed Products Group) |
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By: | ||||
Name: | ||||
Title: | ||||
[First Amendment to the Plan Support Agreement — Consenting Senior Note Holder Signature Page]
CONSENTING SENIOR NOTE XXXXXX Xxxxxx International L.P. |
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By: | Elliot International Capital Advisors Inc. as Attorney-in-Fact |
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By: | ||||
Name: | ||||
Title: | ||||
[First Amendment to the Plan Support Agreement — Consenting Senior Note Holder Signature Page]
CONSENTING SENIOR NOTE HOLDER The Liverpool Limited Partnership |
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By: | Liverpool Associates, Ltd. as General Partner |
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By: | ||||
Name: | ||||
Title: | ||||
[First Amendment to the Plan Support Agreement — Consenting Senior Note Holder Signature Page]
CONSENTING SENIOR NOTE HOLDER Xxxxxxx, Xxxxx & Co. (solely with respect to the High Yield Distressed Investing Group) |
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By: | ||||
Name: | ||||
Title: | ||||
[First Amendment to the Plan Support Agreement — Consenting Senior Note Holder Signature Page]
CONSENTING SENIOR NOTE HOLDER Monarch Alternative Capital LP (held through DTC 0005 Goldman) |
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By: | ||||
Name: | ||||
Title: | ||||
[First Amendment to the Plan Support Agreement — Consenting Senior Note Holder Signature Page]
CONSENTING SENIOR NOTE HOLDER Oak Hill Advisors, L.P. on behalf of certain private funds and separate accounts that it manages |
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By: | ||||
Name: | ||||
Title: | ||||
[First Amendment to the Plan Support Agreement — Consenting Senior Note Holder Signature Page]
CONSENTING SENIOR NOTE HOLDER Sola Ltd |
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By: | ||||
Name: | ||||
Title: | ||||
[First Amendment to the Plan Support Agreement — Consenting Senior Note Holder Signature Page]
CONSENTING SENIOR NOTE HOLDER UBS SECURITIES LLC (solely with respect to the Distressed Debt Trading Group) |
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By: | ||||
Name: | ||||
Title: | ||||
By: | ||||
Name: | ||||
Title: | ||||
[First Amendment to the Plan Support Agreement — Consenting Senior Note Holder Signature Page]