PLAN SUPPORT AND SETTLEMENT AGREEMENTPlan Support and Settlement Agreement • October 16th, 2008 • Michigan
Contract Type FiledOctober 16th, 2008 Jurisdictionas of September 23,30, 2008, is made by and among, and Blue Water Automotive Systems, Inc. (“BWASI” or the “Company”) and its co-debtor affiliates, Blue Water Automotive Systems Properties, LLC (“Properties”), Blue Water Plastics Mexico, Ltd.; BWAS Holdings, Inc., BWAS Mexico, LLC (collectively, together with the Company, the “Debtors”), Ford Motor Company (“Ford”), the Official Committee of Unsecured Creditors of Blue Water Automotive Systems, Inc. et al. (the “Committee”) and CIT Capital USA, Inc. (“CIT Capital”), CIT Group/Equipment Financing, Inc. (“CIT Equipment”), and CIT Group/Business Credit, Inc. (“CIT Business Credit” and, collectively with CIT Capital and CIT Equipment, “CIT”). The Debtors, Ford, the Committee and CIT are jointly referred to herein as the “Parties”.
PLAN SUPPORT AND SETTLEMENT AGREEMENTPlan Support and Settlement Agreement • October 16th, 2008 • Michigan
Contract Type FiledOctober 16th, 2008 Jurisdictionas of September 30, 2008, is made by and among, and Blue Water Automotive Systems, Inc. (“BWASI” or the “Company”) and its co-debtor affiliates, Blue Water Automotive Systems Properties, LLC (“Properties”), Blue Water Plastics Mexico, Ltd.; BWAS Holdings, Inc., BWAS Mexico, LLC (collectively, together with the Company, the “Debtors”), Ford Motor Company (“Ford”), the Official Committee of Unsecured Creditors of Blue Water Automotive Systems, Inc. et al. (the “Committee”) and CIT Capital USA, Inc. (“CIT Capital”), CIT Group/Equipment Financing, Inc. (“CIT Equipment”), and CIT Group/Business Credit, Inc. (“CIT Business Credit” and, collectively with CIT Capital and CIT Equipment, “CIT”). The Debtors, Ford, the Committee and CIT are jointly referred to herein as the “Parties”.