Common Contracts

1 similar Termination Agreement contracts

TERMINATION AGREEMENT
Termination Agreement • August 10th, 2010 • Michigan

This Termination Agreement (this “Termination Agreement”) is made and entered into as of July 26, 2010 by and among Visteon Corporation, a Delaware corporation (“Visteon”) (as to all Sections), Automotive Components Holdings, LLC, a Delaware limited liability company ("ACH”) (as to all Sections except Section 6), and for purposes of Sections 2(c), 4(e) and (h)(ii) and (iii) (in regard to the Payment Acceleration Agreement referred to therein only), 6, 7(a) through (d) (as an ACH Released Party only) and 7(e), 9 through 11, and 13 through 19, only, Ford Motor Company, a Delaware corporation (“Ford”), and, for purposes of Section 5 only, Visteon Global Technologies, Inc., a Delaware corporation ("VGTI"), and is effective as of the Effective Date (as defined in Section 19 below). Visteon, ACH, Ford, and VGTI are referred to herein individually as a “Party” and collectively as the “Parties”.

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