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EXHIBIT 10.12
CORPORATE COMMERCIAL PAPER - MASTER NOTE
JUNE 1, 2000
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(Date of Issuance)
VISTEON CORPORATION ("Issuer"), for value received, hereby
promises to pay to Cede & Co., as nominee of The Depository Trust Company, or to
registered assigns: (i) the principal amount, together with unpaid accrued
interest thereon, if any, on the maturity date of each obligation identified on
the records of Issuer (the "Underlying Records") as being evidenced by this
Master Note, which Underlying Records are maintained by THE CHASE MANHATTAN BANK
("Paying Agent"); (ii) interest on the principal amount of each such obligation
that is payable in installments, if any, on the due date of each installment, as
specified on the Underlying Records; and (iii) the principal amount of each such
obligation that is payable in installments, if any, on the due date of each
installment, as specified on the Underlying Records. Interest shall be
calculated at the rate and according to the calculation convention specified on
the Underlying Records. Payments shall be made by wire transfer to the
registered owner from Paying Agent without the necessity of presentation and
surrender of this Master Note.
REFERENCE IS XXXXXX MADE TO THE FURTHER PROVISIONS OF THIS MASTER NOTE SET
FORTH ON THE REVERSE HEREOF.
This Master Note is a valid and binding obligation of Issuer.
Not Valid Unless Countersigned for Authentication by Paying Agent.
THE CHASE MANHATTAN BANK VISTEON CORPORATION
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(Paying Agent) (Issuer)
By: /s/Xxxxxxx Xxxxxxx
----------------------------- By: /s/Xxxxxx X. Xxxxx
(Authorized Countersignature) -----------------------------------
(Authorized Signature)
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(Guarantor)
By:
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(Authorized Signature)
