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Exhibit 10-F

SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN

As applicable to retirements of Eligible Executives on or after January 1,
19921 
Amended through October 1, 2006

Section 1. Introduction.  On January 1, 1985, the Company established this Plan
for the purpose of providing Eligible Executives, hired or rehired prior to
January 1, 2004, with a monthly Supplemental Benefit for their lifetime in the
event of their retirement from employment with the Company under certain
circumstances. The Plan also provides for the award of Conditional Annuities and
Pension Parity Benefits to selected Eligible Executives under certain
circumstances.

Section 2. Definitions.  As used in the Plan, the following terms shall have the
following meanings, respectively:

2.01 "Affiliate"  shall mean, as applied with respect to any person or legal
entity specified, a person or legal entity that directly or indirectly, through
one or more intermediaries, controls or is controlled by, or is under common
control with, the person or legal entity specified.

2.02 " Annual Incentive Compensation Plan"  shall mean the Annual Incentive
Compensation Plan of Ford Motor Company, as it may be amended.

2.03 "Committee"  shall mean the Compensation Committee of Ford Motor Company.

2.04 "Company"  shall mean Ford Motor Company and such of the subsidiaries of
Ford Motor Company as, with the consent of Ford Motor Company, shall have
adopted this Plan.

2.05 "Credited Service"  shall mean, without duplication, the years and any
fractional year of credited service at retirement, not exceeding one year for
any calendar year, of the Eligible Executive under all the Retirement Plans.

2.06 "Designated Beneficiary" shall mean the beneficiary or beneficiaries
designated by an Eligible Executive or Eligible Retired Executive in a writing
filed with the Company (subject to such limitations as to the classes and number
of beneficiaries and contingent beneficiaries and such other limitations as the
Committee may prescribe) to receive, in the event of the death of the Eligible
Executive or Eligible Retired Executive, the Death Benefits provided in Section
4.04. An Eligible Executive or Eligible Retired Executive shall be deemed to
have designated as beneficiary or beneficiaries under the Plan the person or
persons who receive such Eligible Executive's or Eligible Retired Executive's
life insurance proceeds under the Company-paid Basic Life Insurance Plan, unless
such Eligible Executive or Eligible Retired Executive shall have assigned such
life insurance proceeds, in which event the Death Benefits shall be paid to such
assignee; provided, however, that if the Eligible Executive or Eligible Retired
Executive shall have filed with the Company a written designation of a different
beneficiary or beneficiaries under the Plan, such beneficiary form shall
control. An Eligible Executive or Eligible Retired Executive may from time to
time revoke or change any such designation of beneficiary and any designation of
beneficiary under the Plan shall be controlling over any testamentary or other
disposition; provided, however, that if the Committee shall be in doubt as to
the right of any such beneficiary to receive any payment under the Plan, the
same may be paid to the legal representatives of the Eligible Executive or
Eligible Retired Executive, in which case the Company, the Committee and the
members thereof shall not be under any further liability to anyone.

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1See Appendix A for provisions applicable to retirements of Eligible Executives
on or after January 1, 1985 and prior to January 1, 1992 or retirements of
Eligible Executives from certain former Company Affiliates.

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2.07 "Eligible Executive" shall mean a person who is the Executive Chairman,
Chief Executive Officer, an Executive Vice President, a Group Vice President or
a Vice President of the Company (excluding any such person who is an employee of
a foreign Affiliate of the Company) or a Company employee in Leadership Level
Four or above, or its equivalent, (but for periods prior to July 1, 1996,
excluding a Company employee who is an employee of Jaguar Cars, a division of
the Company).

2.08 "Eligible Retired Executive" shall mean

 
(a) with respect to Supplemental Benefits, an Eligible Executive who

 
(1) retires directly from Company employment (i) on normal or disability
retirement or (ii) with the approval of the Company at or after age 55 on early
retirement;

 
(2) will receive a normal, disability or early retirement benefit under one or
more Retirement Plans;

 
(3) has at least ten years of Credited Service without duplication under all
Retirement Plans; and

 
(4) has at least five continuous years of Eligibility Service immediately
preceding retirement (unless the eligibility condition set forth in this
subparagraph (4) is waived by the Chairman of the Board or the President and
Chief Executive Officer).

 
(b) with respect to Conditional Annuity awards and Pension Parity Benefits, an
Eligible Executive (other than an Eligible Executive in Leadership Levels Four
through Two or its equivalent) who retires directly from Company employment, (i)
on normal or disability retirement or (ii) with the approval of the Company at
or after age 55 on early retirement.

2.09 "Eligible Surviving Spouse" shall mean, for purposes of the Pension Parity
Surviving Spouse Benefit, a surviving spouse to whom an Eligible Retired
Executive has been married at least one year at the date of the Eligible Retired
Executive's death.

2.10 "Eligibility Service" shall mean Company service while an Eligible
Executive.

2.11 "FE&R" shall mean Ford Electronics and Refrigeration LLC, but for periods
prior to February 1, 1999 shall mean Ford Electronics and Refrigeration
Corporation.

2.12 "FE&R Retirement Plan" means FE&R Section of the GRP, applicable to
salaried employees, as it may be amended.

2.13 "Final Five Year Average Base Salary" means the average of the final five
year-end Monthly Base Salaries immediately preceding retirement of the Eligible
Retired Executive.

2.14 "Final Three Year Average Base Salary" means the average of the final three
year-end Monthly Base Salaries immediately preceding retirement or death of the
Eligible Retired Executive.
 
2.15 "General Retirement Plan" or "GRP" means the Ford Motor Company General
Retirement Plan, as it may be amended.
 
2.16 "Internal Revenue Code" or "Code" shall mean the Internal Revenue Code of
1986, as amended from time to time.
 

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2.17 "Monthly Base Salary" of an Eligible Executive means the monthly base
salary paid to such person while an Eligible Executive on December 31, prior to
giving effect to any salary reduction agreement pursuant to an employee benefit
plan, as defined in Section 3(3) of the Employee Retirement Income Security Act
of 1974, as amended, (i) to which Code Section 125 or Code Section 402(e)(3)
applies or (ii) which provides for the elective deferral of compensation. It
does not include supplemental compensation or any other kind of extra or
additional compensation.

2.18 "Plan" means the Supplemental Executive Retirement Plan of Ford Motor
Company, as amended.

2.19 "Retirement Plans" includes the General Retirement Plan and the FE&R
Retirement Plan for periods prior to July 1, 2000.

2.20 "Separation From Service" shall mean termination from Company employment.

2.21 "Specified Employee" shall mean an employee of the Company who is a Key
Employee as defined in Code Section 416(i) without regard to paragraph 5
thereof. A Specified Employee shall be identified as of December 31st of each
calendar year and shall apply to any Specified Employee who shall incur a
Separation From Service in the 12-month period commencing January 1st of the
immediately succeeding calendar year. This provision is effective for Specified
Employees who incur a Separation From Service on or after January 1, 2005. 

2.22 "Subsidiary" shall mean, as applied with respect to any person or legal
entity specified, (i) a person or legal entity a majority of the voting stock of
which is owned or controlled, directly or indirectly, by the person or legal
entity specified or (ii) any other type of business organization in which the
person or legal entity specified owns or controls, directly or indirectly, a
majority interest.

Section 3. Supplemental Benefits.

3.01 Eligibility. An Eligible Retired Executive shall be eligible to receive a
Supplemental Benefit as provided herein.

3.02 Amount of Supplemental Benefit.

(a) Subject to any reductions pursuant to Subsection (b) below and to any
limitations and reductions pursuant to other provisions of the Plan, the monthly
Supplemental Benefit shall be an amount equal to the Eligible Executive's Final
Five Year Average Base Salary multiplied by the Eligible Executive's years of
Credited Service at retirement, and further multiplied by the Applicable
Percentage based on the Eligible Executive's position or salary grade
immediately preceding retirement, as follows:

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For retirements on or after January 1, 1992 but prior to August 1, 1995

Status at Retirement
 
Applicable Percentage
         
Chairman, Vice Chairman, President
   
.90%
 
Executive Vice President
   
.80%
 
Vice President
   
.70%
 
Non-Vice Presidents
   
 
 
- Salary Grade 21, 20, 19
   
.60%
 
- Salary Grade 18, 17, 16
   
.40%
 
- Salary Grade 15, 14, 13
   
.20%
 

For retirements on or after August 1, 1995 but prior to February 1, 2000

Status at Retirement
 
Applicable Percentage
         
Vice President Band
     
- Chairman, Vice Chairman, President
   
.90%
 
- Executive Vice President
   
.80%
 
- Group Vice President
   
.75%
 
- Vice President
   
.70%
 
Non-Vice President
   
 
 
- General Executive Band
   
.60%
 
- Executive Band
   
.40%
 
- Salary Grade 15, 14, 13
   
.20%
 

For retirements on or after February 1, 2000

Status at Retirement
 
Applicable Percentage
         
Leadership Level One
     
- Executive Chairman, Vice Chairman, President
   
.90%
 
- Executive Vice President
   
.80%
 
- Group Vice President
   
.75%
 
- Vice President
   
.70%
 
     
 
       
 
 
Leadership Level Two2
   
 
 
- Standard Benefit
   
.40%
 
- Non-standard Benefit3 
   
.60%
 
Leadership Level Three
   
.20%
 
Leadership Level Four
   
.20%
 

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2 General Executive Band Eligible Executives who, on or after January 1, 2000
were reclassified as Leadership Level Two Employees, shall retain their
entitlement to the .60% Applicable Percentage regardless of the
reclassification.
3The non-standard benefit will be available for Leadership Level Two Eligible
Executives only upon approval of the Executive Chairman , Executive Vice
President and Chief Financial Officer and Group Vice President- Corporate Human
Resources and Labor Affairs.

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(b) For an Eligible Retired Executive who shall retire before age 62 the monthly
Supplemental Benefit payable hereunder shall equal the amount calculated in
accordance with the immediately preceding Subsection (a) reduced by 5/18 of 1%
multiplied by the number of months from the later of the date the Supplemental
Benefit commences or age 55 in the case of earlier receipt by reason of
disability retirement to the first day of the month after the Eligible Retired
Executive would attain age 62.

3.03
Payments. 

 
(a)   Subject to the earning-out conditions set forth in Section 6, Supplemental
Benefits, in the amount determined under Section 3.02, shall be payable out of
the Company's general funds monthly beginning:
 

 
(i) on the first day of the month when the Eligible Retired Executive's
retirement benefit under any Retirement Plan or under the Company's Executive
Separation Allowance Plan begins; or

 

 
(ii) for distributions commencing on or after January 1, 2005, on the first day
of the month following the date that is the later of the date on which the
Eligible Executive:

1)
reaches at least age 55 with 10 years of service; or

2)
has a Separation From Service.

 
(b)   Notwithstanding any other provisions of the Plan to the contrary, if a
Specified Employee incurs a Separation From Service, payment of any Supplemental
Benefit accrued or vested after December 31, 2004 shall not commence (or be
paid) earlier than the first day of the seventh month following the Separation
From Service. The payment delayed under this Section shall not bear interest. 
 
(c)   Payments to an Eligible Retired Executive hereunder shall cease at the end
of the month in which the Eligible Retired Executive dies.

Section 4. Conditional Annuities.
 
4.01 Eligibility. The Committee may, in its discretion, award to an Eligible
Executive (other than an Eligible Executive in Leadership Levels Four through
Two or its equivalent) additional retirement income in the form of a Conditional
Annuity.
 
4.02 Amount of Conditional Annuity.
 
(a) In determining the amount of any Conditional Annuity to be awarded to an
Eligible Executive for any year, the Committee shall consider the Company's
profit performance and the amount that is awarded to such Eligible Executive for
such year under the Annual Incentive Compensation Plan. Awards shall be made
only for years in which the Committee has decided, for reasons other than
individual or corporate performance or termination of employment, to make an
award to an Eligible Executive under the Annual Incentive Compensation Plan
which is less than would have been awarded if the historical relationship to
awards to other executives had been followed.
 
(b) The aggregate annual amount payable under the Conditional Annuities awarded
to any Eligible Executive shall not exceed an amount equal to the Applicable
Percentage of the average of such Eligible Executive's Final Three Year Average
Base Salary, determined in accordance with the following table:

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Applicable Percentage
 
Number of Years for which a Conditional Annuity is awarded
 
Chairman, Vice Chairman and President
 
All Other Eligible Executives
             
1
 
 
30%
 
 
20%
 
2
 
 
35
 
 
25
 
3
 
 
40
 
 
30
 
4
 
 
45
 
 
35
 
5 or more
 
 
50
 
 
40
 

The percentage shall be reduced pro rata to the extent that service at
retirement is less than 30 years.

4.03 Payments.

(a)   Subject to the earning-out conditions set forth in Section 6, Conditional
Annuities, in the amount determined under Section 4.02, shall be payable to an
Eligible Executive out of the Company's general funds monthly beginning:

 
(i)   on the first day of the month when the Eligible Retired Executive's
retirement benefit under any Retirement Plan or under the Company's Executive
Separation Allowance Plan begins; or

 
(ii)  for distributions commencing on or after January 1, 2005, on the first day
of the month following the date that is the later of the date on which the
Eligible Executive:

1)
reaches at least age 55 with 10 years of service; or

2)
has a Separation From Service.

 
(b)   Notwithstanding any other provisions of the Plan to the contrary, if a
Specified Employee incurs a Separation From Service, payment of any Conditional
Annuities accrued or vested after December 31, 2004 shall not commence (or be
paid) earlier than the first day of the seventh month following the Separation
From Service. The payment delayed under this Section shall not bear interest.
 
(c)   Except as provided in Section 4.04, payments with respect to an Eligible
Retired Executive hereunder shall cease at the end of the month in which such
Eligible Retired Executive dies.
 
        (d)   For an Eligible Executive who retires before age 65, the monthly
payment under any Conditional Annuity awarded to such Eligible Executive shall
equal the actuarial equivalent (based on factors determined by the Company's
independent consulting actuary) of the monthly amount payable for retirement at
age 65.

4.04 Death Benefits. Upon death before retirement but at or after age 55, the
Eligible Executive's Designated Beneficiary shall be paid a lump sum equal to 30
times (representing 30 months) the aggregate monthly amount payable under such
Eligible Executive's Conditional Annuities if the Eligible Executive had been
age 55 at death, increased by one-third of one month for each full month by
which such Eligible Executive's age at death shall exceed age 55. If death
occurs within 120 months following retirement, the monthly payments under the
Conditional Annuity shall be continued to the Designated Beneficiary for the
remaining balance of the 120 month period following retirement.

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Section 5. Pension Parity Benefits.

Section 5.01 Eligibility. For retirements on or after October 1, 1998, an
Eligible Retired Executive at Ford Motor Company (U.S.) or Ford Motor Credit
Company (U.S.) who held the position of a Vice President or above at Ford Motor
Company (U.S.) immediately prior to retirement and who had service with a
subsidiary, including an international subsidiary, at any time prior to becoming
an employee of Ford Motor Company (U.S.) or Ford Motor Credit Company (U.S.)
shall be eligible to receive a Pension Parity Benefit as provided below.

Section 5.02 Amount of Pension Parity Benefit. The monthly Pension Parity
Benefit shall be an amount equal to the difference between (i) and (ii), where
(i) is the amount of the monthly retirement benefit which would be payable under
the GRP, the Executive Separation Allowance Plan ("ESAP"), the Benefit
Equalization Plan ("BEP"), and the Select Retirement Plan ("SRP") if all of the
Eligible Retired Executive's years of service under the GRP/ESAP/BEP/SRP and
each of the subsidiary's retirement plans were counted as years of contributory
service under the GRP/ESAP/BEP/SRP and (ii) is the amount of monthly retirement
benefit that is or was payable under the GRP/ESAP/BEP/SRP, under the
subsidiary's retirement plans, under this Plan as a Supplemental Benefit or a
Conditional Annuity, if applicable, or under any other plan sponsored by a
subsidiary which provided pension-type benefits (and if such benefits were paid
in a lump sum as a termination benefit, this Plan shall convert the lump sum
into an actuarial equivalent annuity (as determined by an independent actuary
appointed by Ford Motor Company) payable in the same form as the GRP pension
payable to the Eligible Retired Executive, or as was otherwise required pursuant
to a qualified domestic relations order for purposes of determining the
appropriate offset.)

Section 5.03 Pension Parity Surviving Spouse Benefits. An Eligible Surviving
Spouse shall be entitled to receive a monthly Pension Parity Surviving Spouse
Benefit upon the death of the Eligible Retired Executive in an amount equal to
the difference between (i) and (ii), where (i) is the actuarial equivalent (as
determined by an independent actuary appointed by Ford Motor Company) of the
amount of the monthly survivor's benefit that would be payable under the GRP,
the ESAP, the BEP, and the SRP if all of the Eligible Retired Executive's years
of service under the GRP/ESAP/BEP/SRP and each of the subsidiary's retirement
plans were counted as years of contributory service under the GRP/ESAP/BEP/SRP
and (ii) is the actuarial equivalent (under the method described in (i) above)
of the amount of the monthly survivor's benefit that is or was payable under the
GRP/ESAP/BEP/SRP, under Section 4.04 if the Designated Beneficiary was an
Eligible Surviving Spouse, under the subsidiary's retirement plans, or under any
other plan sponsored by a subsidiary which provided pension-type survivor
benefits.
 
Section 5.04 Payment. 

(a)   Subject to the earning-out conditions set forth in Section 6, the Pension
Parity Benefit, in the amount determined under Section 5.02 shall be payable to
anEligible Executive out of the Company's general funds monthly beginning:

 
(i) on the first day of the month when the Eligible Retired Executive's
retirement benefit under any Retirement Plan or under the ESAP commences; or

 
(ii) for distributions commencing on or after January 1, 2005, on the first day
of the month following the date that is the later of the date on which the
Eligible Executive:

1)
reaches at least age 55 with 10 years of service; or

2)
has a Separation From Service

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(b)   Notwithstanding any other provisions of the Plan to the contrary, if a
Specified Employee incurs a Separation From Service, payment of any Pension
Parity benefit, accrued or vested after December 31, 2004 shall not commence (or
be paid) earlier than the first day of the seventh month following Separation
from Service. The payment delayed under this Section shall not bear interest.
 
(c)   Payments to an Eligible Retired Executive hereunder shall cease at the end
of the month in which the Eligible Retired Executive dies. The Pension Parity
Surviving Spouse Benefit, in the amount determined under Section 5.03, shall be
payable out of the Company's general funds monthly beginning on the first day of
the month following the Eligible Retired executive's death. Pension Parity
Surviving Spouse Benefits paid to an Eligible Surviving Spouse shall cease at
the end of the month in which the Eligible Surviving Spouse dies.

Section 5.05 Administration and Interpretation. The Group Vice President
-Corporate Human Resources and Labor Affairs and the Executive Vice President
and Chief Financial Officer shall have the full power and authority to develop
uniform administrative rules and procedures to administer the Pension Parity
Benefit and the Pension Parity Surviving Spouse Benefit, and specifically shall
have the authority to develop rules to cover specific situations that may
require that the Pension Parity Benefit or the Pension Parity Surviving Spouse
Benefit to be adjusted to reflect retirement payments from other sources in
respect of prior subsidiary service of the Eligible Retired Executive. In the
event of a change in the designated officer's title, the officer or officers
with functional responsibility for Retirement Plans shall have the power and
authority to administer and interpret this Plan.
 
Section 6. Earning Out Conditions. Anything herein contained to the contrary
notwithstanding, the right of any Eligible Retired Executive to receive
Supplemental Benefit, Conditional Annuity or Pension Parity payments hereunder
for any month shall accrue only if, during the entire period from the date of
retirement to the end of such month, the Eligible Retired Executive shall have
earned out such payment by refraining from engaging in any activity that is
directly or indirectly in competition with any activity of the Company or any
Subsidiary or Affiliate thereof.

In the event of an Eligible Retired Executive's nonfulfillment of the condition
set forth in the immediately preceding paragraph, no further payment shall be
made to the Eligible Retired Executive or the Designated Beneficiary; provided,
however, that the nonfulfillment of such condition may at any time (whether
before, at the time of or subsequent to termination of employment) be waived in
the following manner:

(1) with respect to any such Eligible Retired Executive who at any time shall
have been a member of the Board of Directors, an Executive Vice President, a
Group Vice President, a Vice President, the Treasurer, the Controller or the
Secretary of the Company, such waiver may be granted by the Committee upon its
determination that in its sole judgment there shall not have been and will not
be any substantial adverse effect upon the Company or any Subsidiary or
Affiliate thereof by reason of the nonfulfillment of such condition; and
 
(2) with respect to any other such Eligible Retired Executive, such waiver may
be granted by the Annual Incentive Compensation Committee of Ford Motor Company
(or any committee appointed for the purpose) upon its determination that in its
sole judgment there shall not have been and will not be any such substantial
adverse effect.

Anything herein contained to the contrary notwithstanding, Supplemental Benefit,
Conditional Annuity and Pension Parity payments shall not be paid to or with
respect to any person as to whom it has been determined that such person at any
time (whether before or subsequent to termination of employment) acted in a
manner inimical to the best interests of the Company. Any such determination
shall be made by (i) the Committee with respect to any Eligible Retired
Executive who at any time shall have been a member of the Board of Directors, an
Executive Vice President, a Group Vice President, a Vice President, the
Treasurer, the Controller or the Secretary of the Company, and (ii) the Annual
Incentive Compensation Committee of Ford Motor Company (or any committee
appointed for the purpose) with respect to any other Eligible Retired Executive,
and shall apply to any amounts payable after the date
 

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of the applicable committee's action hereunder, regardless of whether the
Eligible Retired Executive has commenced receiving any benefits hereunder.
Conduct which constitutes engaging in an activity that is directly or indirectly
in competition with any activity of the Company or any Subsidiary or Affiliate
thereof shall be governed by the two immediately preceding paragraphs of this
Section 6 and shall not be subject to any determination under this paragraph.

Section 7. General Provisions.

7.01 Administration and Interpretation. An otherwise Eligible Executive's early
retirement under the Plan is subject to approval by the Executive Personnel
Committee. Except as otherwise provided in the preceding sentence and except as
the committees specified in Sections 4 and 6 are authorized to administer the
Plan in certain respects, the Group Vice President - Corporate Human Resources
and Labor Affairs and the Executive Vice President and Chief Financial Officer
shall have full power and authority on behalf of the Company to administer and
interpret the Plan. In the event of a change in a designated officer's title,
the officer or officers with functional responsibility for Retirement Plans
shall have the power and authority to administer and interpret the Plan. All
decisions with respect to the administration and interpretation of the Plan
shall be final and shall be binding upon all persons.

7.02 Deductions. The Company may deduct from any payment of Supplemental
Benefits, Conditional Annuity awards, or Pension Parity Benefits to an Eligible
Retired Executive or Pension Parity Surviving Spouse Benefits to an Eligible
Surviving Spouse all amounts owing to it by such Eligible Retired Executive or
Eligible Surviving Spouse for any reason, and all taxes required by law or
government regulation to be deducted or withheld.
 
7.03 No Contract of Employment. The Plan is an expression of the Company's
present policy with respect to Company executives who meet the eligibility
requirements set forth herein; it is not a part of any contract of employment.
No Eligible Executive, Designated Beneficiary, Eligible Surviving Spouse or any
other person shall have any legal or other right to any Supplemental Benefit,
Conditional Annuity, Pension Parity Benefit or Pension Parity Surviving Spouse
Benefit.
 
7.04 Governing Law. Except as otherwise provided under federal law, the Plan and
all rights thereunder shall be governed, construed and administered in
accordance with the laws of the State of Michigan.
 
7.05 Amendment or Termination. The Company reserves the right to modify or
amend, in whole or in part, or to terminate this Plan, at any time without
notice.

7.06 Local Payment Authorities. The Vice President and Treasurer and the
Assistant Treasurer (or in the event of a change in title, their functional
equivalent) may act individually to delegate authority to administrative
personnel to make benefit payments to Eligible Retired Executives in accordance
with plan provisions.

7.07 Code Section 409A

(a)   With respect to benefits accrued or vested after December 31, 2004, the
Company reserves the right to take such action, on a uniform basis, as the
Company deems necessary or desirable to ensure compliance with Code Section
409A, and applicable additional regulatory guidance thereunder, or to achieve
the goals of the Plan without having adverse tax consequences under this Plan
for any employee or beneficiary.
 
(b)   After receipt of Plan benefits accrued or vested after December 31, 2004,
the obligations of the Company with respect to such benefits shall be satisfied
and no Eligible Executive, Eligible Surviving Spouse, or Designated Beneficiary
shall have any further claims against the Plan or the Company with respect to
Plan benefits accrued or vested after December 31, 2004.

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Section 8. Claim for Benefits

8.01 Denial of a Claim. A claim for benefits under the Plan shall be submitted
in writing to the plan administrator. If a claim for benefits or participation
is denied in whole or in part by the plan administrator, the Eligible Retired
Executive will receive written notification within a reasonable period from the
date the claim for benefits or participation is received. Such notice shall be
deemed given upon mailing, full postage prepaid in the United States mail or on
date sent electronically to the Eligible Retired Executive. If the plan
administrator determines that an extension of time for processing is required,
written notice of the extension shall be furnished to the Eligible Retired
Executive as soon as practical.
 
8.02 Review of Denial of Claim. In the event that the plan administrator denies
a claim for benefits or participation, an Eligible Retired Executive may request
a review by filing a written appeal to the Group Vice President - Corporate
Human Resources and Labor Affairs and the Executive Vice President and Chief
Financial Officer, or their designee(s), within sixty (60) days of receipt of
the written notification of denial. The appeal will be considered and a decision
shall be rendered as soon as practical. In the event an extension of time is
needed to consider the appeal and render the decision, written notice shall be
provided to the Eligible Retired Executive notifying them of such time
extension.

8.03 Decision on Appeal. The decision on review of the appeal shall be in
writing. Such notice shall be deemed given upon mailing, full postage prepaid in
the United States mail or on the date sent electronically to the Eligible
Retired Executive. Decisions rendered on the appeal are final and conclusive and
are only subject to the arbitrary and capricious standard of judicial review.
 
8.04 Limitations Period. No legal action for benefits under the Plan may be
brought against the Plan until after the claims and appeal procedures have been
exhausted. Legal actions under the Plan for benefits must be brought no later
than two (2) years after the claim arises. No other action may be brought
against the Plan more than six (6) months after the claim arises.
 

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Appendix A

Applicable to retirements of Eligible Executives on or after January 1, 1985 but
prior to January 1, 1992, or retirements of Eligible Executives from certain
former Company Affiliates.

Section 1. Definitions. The terms used in this Appendix shall have the same
meaning as those in the Supplemental Executive Retirement Plan, except as
follows:

1.01   "Contributory Service" shall mean without duplication the years and any
fractional year of contributory service at retirement, not exceeding one year
for any calendar year, of the Eligible Executive under all Retirement Plans.

1.02   "Eligible Executive" shall mean a person who is the Chairman of the Board
and Chief Executive Officer, an Executive Vice President or a Vice President of
the Company (excluding any such person who is an employee of a foreign Affiliate
of the Company) or a Company employee in Salary Grade 13 or its equivalent or
above (Salary Grade 20 or its equivalent or above for Company employees prior to
January 1, 1989).

Section 2. Supplemental Benefits.

2.01   Eligibility. An Eligible Retired Executive shall be eligible to receive a
Supplemental Benefit as provided herein.

2.02   Amount of Supplemental Benefit.

(a) Subject to any reductions pursuant to Subsection (b) below and to any
limitations and reductions pursuant to other provisions of the Plan, the monthly
Supplemental Benefit shall be an amount determined as follows:

(1) For those employees who were Eligible Executives on or after January 1, 1989
and retired prior to January 1, 1992, an amount equal to the Eligible
Executive's Final Five Year Average Base Salary multiplied by the Eligible
Executive's years of Contributory Service at retirement, and further multiplied
by the Applicable Percentage based on the Eligible Executive's position or
salary grade immediately preceding retirement and on when the Contributory
Service occurred, as follows:

Status at Retirement
 
Applicable Percentage
     
Contributory
Service
before 1/1/89
 
Contributory
Service
from 1/1/89
 
Chairman, Vice Chairman,
         
President
   
.60%
 
 
.90%
 
Executive Vice President
 
 
.50%
 
 
.80%
 
Vice Presidents
 
 
 
 
 
 
 
Salary Grade 23
 
 
.40%
 
 
.70%
 
Salary Grade 22
 
 
.40%
 
 
.70%
 
Salary Grade 21
 
 
.40%
 
 
.70%
 
Salary Grade 20
 
 
.40%
 
 
.70%
 

 

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Non-Vice Presidents
 
 
 
 
 
 
 
Salary Grade 21
 
 
.30%
 
 
.60%
 
Salary Grade 20
 
 
.30%
 
 
.60%
 
Salary Grade 19
 
 
.30%
 
 
.60%
 
Salary Grade 18, 17, 16
 
 
.20%
 
 
.40%
 
Salary Grade 15, 14, 13
 
 
.10%
 
 
.20%
 

 
(2) For those employees who were Eligible Executives prior to January 1, 1989
and who retired prior to January 1, 1992, the greater of (A) or (B):

(A) the Eligible Executive's Final Five Year Average Base Salary multiplied by
the Eligible Executive's Credited Service, and further multiplied by the
Applicable Percentage based on the Eligible Executive's position or salary grade
immediately preceding retirement, as follows:

Status at Retirement
 
Applicable Percentage
         
Chairman, Vice Chairman,
     
President
   
.50%
 
Executive Vice President
   
.40%
 
Vice President
   
 
 
Salary Grade 23
   
.35%
 
Salary Grade 22
   
.30%
 
Salary Grade 21
   
.25%
 
Salary Grade 20
   
.20%
 
Non-Vice Presidents
   
 
 
Salary Grade 21
   
.25%
 
Salary Grade 20
   
.20%
 

(B) the Eligible Executive's Final Five Year Average Base Salary multiplied by
the Eligible Executive's Contributory Service, and further multiplied by the
Applicable Percentage set forth in Section (a)(1) above based on the Eligible
Executive's position or salary grade immediately preceding retirement and on
when the Contributory Service occurred.

(b) For an Eligible Retired Executive who shall retire before age 62 the monthly
Supplemental Benefit payable hereunder shall equal the amount calculated in
accordance with the immediately preceding Subsection (a) reduced by 5/18 of 1%
multiplied by the number of months from the later of the date the Supplemental
Benefit commences or age 55 in the case of earlier receipt by reason of
disability retirement to the first day of the month after the Eligible Retired
Executive would attain age 62.

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Section 3. Former Affiliates and Former Employees.

3.01 Ford Aerospace Corporation. An employee of Ford Aerospace Corporation who
was a Vice President of Ford Motor Company as of April 1, 1985 and retired May
1, 1985 shall be deemed to be an Eligible Executive under the Plan only for
Supplemental Benefits and shall be eligible to receive such benefits under the
Plan based on Credited Service under the Salaried Retirement Plan of Ford
Aerospace Corporation.

3.02  Ford New Holland, Inc. The following shall be applicable to former
employees of Ford Tractor Operations who were transferred to Ford New Holland
(FNH) and who participated in the General Retirement Plan for service through
December 31, 1989 ("FNH Employees").

(a) Retirement-Eligible FNH Employees as of January 1, 1989.

A FNH Employee who was eligible to retire under the General Retirement Plan on
or prior to January 1, 1989, and who was in a position equivalent to a Salary
Grade 13 or above on December 31, 1989, and who retires directly from FNH shall
be deemed to be an Eligible Executive under the Plan only for Supplemental
Benefits and shall receive such benefits as are applicable under the terms of
the Plan in effect at the date of retirement, if retired prior to January 1,
1992, or the terms of the Plan in effect on January 1, 1992, if retired on or
after January 1, 1992; provided, however, that for purposes of calculating the
Supplemental Benefit, the Plan shall use (i) the employee's position or salary
grade at FNH as of December 31, 1989; (ii) the Final Five Year Average Base
Salary immediately preceding retirement of the Eligible Executive from FNH; and
(iii) the employee's Credited Service or Contributory Service, as applicable, as
of December 31, 1989.

(b) Non-Retirement Eligible Employees as of January 1, 1989.

A FNH Employee who was not eligible to retire under the General Retirement Plan
on or prior to January 1, 1989, and who was in a position equivalent to a Salary
Grade 13 or above on December 31, 1989, and who retires directly from FNH shall
be deemed to be an Eligible Executive under the Plan only for Supplemental
Benefits and shall receive such benefits as are applicable under the terms of
the Plan in effect as of January 1, 1989; provided, however, that for purposes
of calculating the Supplemental Benefit, the Plan shall use (i) the employee's
position or salary grade at FNH as of December 31, 1989; (ii) the Final Five
Year Average Base Salary as of January 1, 1989; and (iii) the employee's
Contributory Service as of December 31, 1989.

3.03 Sale of Favesa Operations to Lear Seating Corporation.

An Eligible Executive whose employment was transferred to Lear Seating
Corporation by reason of the sale of a portion of Plastic and Trim Product
Division's seat operations to Lear on November 1, 1993 and who was eligible to
retire under the terms of the General Retirement Plan as of December 31, 1993,
shall retain eligibility to receive a Supplemental Benefit, and shall receive
such benefits as are applicable under the terms of the Plan in effect as of
December 31, 1993; provided, however that for purposes of calculating the
Supplemental Benefit, the Plan shall use (i) the employee's position or salary
grade with the Company as of December 31, 1993; (ii) the Final Five Year Average
Base Salary as of December 31, 1993; and (iii) the employee's Credited Service
as of December 31, 1993.
 
3.04 Visteon Corporation. The following shall be applicable to employees of Ford
who were transferred to Visteon Corporation on April 1, 2000 ("U.S. Visteon
Employees") and who ceased active participation in the Plan as of June 30, 2000
after Visteon Corporation was spun-off from Ford, June 28, 2000.

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(a)
Group I and Group II Employees.

 

   
For purposes of this paragraph, a "Group I Employee" shall mean a U.S. Visteon
Employee who as of July 1, 2000 was eligible for immediate normal or regular
early retirement under the provisions of the GRP as in effect on July 1, 2000. A
"Group II Employee" shall mean a U.S. Visteon Employee who (i) was not a Group I
Employee; (ii) had as of July 1, 2000 a combination of age and continuous
service that equals or exceeds sixty (60) points (partial months disregarded);
and (iii) could become eligible for normal or regular early retirement under the
provisions of the GRP as in effect on July 1, 2000 within the period after July
1, 2000 equal to the employee's Ford service as of July 1, 2000. A Group I or
Group II Employee shall retain eligibility to receive a Supplemental Benefit and
shall receive such benefits as are applicable under the terms of the Plan in
effect on the retirement date, based on meeting eligibility criteria as of July
1, 2000 and Credited Service on July 1, 2000 and the Final Five Year Average
Base Salary as of the retirement date.

 
(b)
Group III Employees.

 
For purposes of this paragraph, a "Group III Employee" shall mean a U.S. Visteon
Employee who participated in the GRP prior to July 1, 2000 other than a Group I
or Group II Employee. The Plan shall have no liability for any benefits payable
to Group III Employees who were otherwise eligible hereunder with respect to
Credited Service prior to July 1, 2000 on or after July 1, 2000.   

Section 4. General. Except as otherwise provided in this Appendix A, the terms
of the Plan applicable to retirements of Eligible Executives on or after January
1, 1992 shall be applicable to the retirements of Eligible Executives on or
after January 1, 1985 but prior to January 1, 1992.
 
 

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