Arrangement between Ford Motor Company and Mark Fields, dated February 7, 2007Compensation Arrangement • February 28th, 2007 • Ford Motor Co • Motor vehicles & passenger car bodies
On February 7, 2007, the Compensation Committee of the Company’s Board of Directors approved a request by Mark Fields, Executive Vice President and President, The Americas, regarding a change in his compensation arrangement related to his use of Company aircraft. Mr. Fields will no longer use Company aircraft for personal travel. The Company will pay the costs, including first class commercial airfare, for personal travel to and from his home in Florida. The Company will continue to provide tax relief as a result of the imputed income associated with this arrangement.
AMENDED AND RESTATED AGREEMENTAmended and Restated Agreement • February 28th, 2007 • Ford Motor Co • Motor vehicles & passenger car bodies • New York
This Amended and Restated Agreement (the “Agreement”) dated as of December 12, 2006 is made and entered into between Ford Motor Company, a Delaware corporation (“Ford”), and Ford Motor Credit Company, a Delaware corporation (“Ford Credit”).
