SEPARATION AGREEMENTSeparation Agreement • August 13th, 2012 • Visteon Corp • Motor vehicle parts & accessories • Delaware
This Separation Agreement (this “Agreement”) is made and entered into as of August 10, 2012 (the “Separation Date”), by and between Donald J. Stebbins (“Executive”) and Visteon Corporation (the “Company”). The Company and Executive are sometimes collectively referred to herein as the Parties and individually as a Party.
August 10, 2012 Mr. Timothy D. Leuliette Visteon Corporation One Village Center Drive Van Buren Township, MI 48111 Dear Tim:Visteon Corp • August 13th, 2012 • Motor vehicle parts & accessories • Delaware
On behalf of Visteon Corporation (the “Company”), I am pleased to provide you with this letter agreement (“Agreement”) setting forth the terms and conditions of your employment as Interim Chairman of the Board, Interim Chief Executive Officer and Interim President (“Interim CEO”) of the Company, effective as of August 10, 2012 (the “Effective Date”).
