Registration Rights Agreement between the Company and Evercore Trust Company



 Exhibit 10.1 
 REGISTRATION RIGHTS AGREEMENT 
 This REGISTRATION RIGHTS AGREEMENT, dated
as of January 9, 2012 (this “Agreement”), is entered into by and between VISTEON CORPORATION, a Delaware corporation (the “Company”), and EVERCORE TRUST COMPANY, N.A., solely in its capacity as duly appointed
and acting investment manager (the “Manager”) of a segregated account held under the Visteon Defined Benefit Master Trust (the “Trust”), with respect to the Visteon Corporation Pension Plan and the Pension Plans of
Visteon Systems, LLC Connersville and Bedford Plants (as from time to time amended, the “Plans”). 
 RECITALS

 WHEREAS, the Company has contributed on the date hereof an aggregate of 1,453,489 shares of its common stock, par
value $0.01 per share (“Common Stock”), to the Trust (the “Contribution”), to be held in a single segregated account (the “Segregated Account”) in the Trust (such contributed shares, and any
securities that may be issued or distributed or be issuable in respect thereof by way of stock dividend, stock split or other distribution, merger, consolidation, exchange offer, recapitalization or reclassification or similar transaction or
exercise or conversion of any of the foregoing, the “Registrable Shares”); 
 WHEREAS, pursuant to the
Investment Management Agreement, dated January 9, 2012, among the Manager, the Company and the Visteon Defined Benefit Plan Investment Committee (the “Committee”), the Manager has been appointed as a “fiduciary” of
the Trust, as defined in Section 3(21) of the Employee Retirement Income Security Act of 1974, as amended, but only to the extent of the assets in the Segregated Account, with the authority to act on behalf of the Trust with respect to all
assets held in the Segregated Account; 
 WHEREAS, the Company has agreed to grant certain registration rights with
respect to the Registrable Shares held in the Segregated Account, on the terms and subject to the conditions set forth in this Agreement; and 
 WHEREAS, pursuant to the Investment Management Agreement, the Manager has full power and authority to execute and deliver this Agreement for the benefit of the Trust and to take any actions
required or permitted to be taken in connection with this Agreement. 
 NOW, THEREFORE, in consideration of the premises
and mutual promises set forth herein, the parties hereto hereby agree as follows: 
 (1) Definitions. As used in this
Agreement, the following capitalized terms shall have the following meanings: 
 “Agreement” has the meaning
given in the introduction. 
 “Business Day” means any day except Saturday, Sunday and any day that is in New
York City a legal holiday or a day on which banking institutions or securities exchanges are authorized or required by law or other governmental action to close. 
 “Common Stock” has the meaning given in the recitals. 

  
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 “Company” has the meaning given in the introduction. 

“Company Indemnitees” has the meaning set forth in Section 5(b) hereof. 

“Contribution” has the meaning given in the recitals. 

“Event Suspension” has the meaning set forth in Section 4(b) hereof. 

“Exchange Act” means the Securities Exchange Act of 1934, as amended, and any rules and regulations promulgated
thereunder, and, in each case, any successor thereto, all as the same shall be in effect from time to time. 

“Investment Management Agreement” has the meaning given in the recitals. 

“Loss” and “Losses” have the respective meanings set forth in Section 5(a) hereof. 

“Manager” has the meaning given in the introduction. 

“Manager Indemnitees” has the meaning set forth in Section 5(a) hereof. 

“Opinion of Counsel” means a written opinion of counsel, who may be an employee of or counsel for the Company and who
shall be reasonably acceptable to the Company and the Manager. 
 “Prospectus” means the base prospectus
included in the Registration Statement relating to the Common Stock as filed with the SEC under the Securities Act, as supplemented to reflect the Registrable Securities and the terms of the offering of the Registrable Securities as filed with the
SEC pursuant to and in accordance with Rule 424(b) under the Securities Act, and all amendments and supplements thereto and all documents incorporated by reference or deemed to be incorporated by reference therein. 

“Registrable Shares” has the meaning given in the recitals. 

“Registration Period” means the period from the date the Company files with the SEC a prospectus supplement to the base
prospectus contemplated by Section 2 hereof until the earliest to occur of: (i) the date on which all Registrable Shares have been disposed of by the Trust pursuant to the effective Registration Statement in accordance with the plan of
distribution set forth in the related Prospectus; (ii) the date on which all Registrable Shares may be sold by the Trust to the public in accordance with Rule 144 and when no conditions of Rule 144 are then applicable to the Trust (other than
the holding period requirement in paragraph (d) of Rule 144, so long as such holding period requirement is satisfied at such time of determination); (iii) the date that is 90 days after the date on which the number of Registrable Shares
held by the Trust is less than one percent of the shares of Common Stock then outstanding; and (iv) the date that the Company and the Manager have received an Opinion of Counsel or such other evidence, in each case reasonably satisfactory to
each of the Company and the Manager, that such security may otherwise be resold without registration or qualification under the Securities Act. 
 “Registration Statement” means a registration statement of the Company (including any replacement or substitute registration statement) covering the Registrable Shares filed with the SEC
on Form S-3 (or any successor form or other appropriate form under the Securities Act), including, but not limited to, an offering to be made on a delayed or continuous basis pursuant to Rule 415 of the Securities Act (or any similar rule that may
be adopted by the SEC), including a Prospectus, all amendments and supplements to such registration statement, including post-effective amendments, all exhibits thereto and all documents incorporated or deemed to be incorporated by reference
therein. 

  
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 “Rule 144”, “Rule 158”, “Rule 405”,
“Rule 415” and “Rule 424(b)” mean, in each case, such rule promulgated under the Securities Act (or any successor provision), as the same shall be amended from time to time. 

“Scheduled Registration Suspension Period” means, with respect to each fiscal quarter of the Company, the last fifteen
calendar days of such fiscal quarter and continuing to and including the Business Day after the day on which the Company publicly releases its earnings for such fiscal quarter. 

“SEC” means the Securities and Exchange Commission. 

“Securities Act” means the Securities Act of 1933, as amended, and any rules and regulations promulgated thereunder,
and, in each case, any successor thereto, all as the same shall be in effect from time to time. 
 “Segregated
Account” has the meaning given in the recitals. 
 “Suspension” has the meaning set forth in
Section 4(c) hereof. 
 “Suspension Event Notice” has the meaning set forth in Section 4(b) hereof.

 “Suspension Notice” has the meaning set forth in Section 4(c) hereof. 

“Trust” has the meaning given in the introduction. 

(2) Registration; Compliance with the Securities Act. The Company hereby represents and warrants to the Manager that as of the
date hereof: (i) the Company has an effective registration statement on Form S-3 covering the Common Stock on file with the SEC; (ii) the Company is a well-known seasoned issuer (as defined in Rule 405 under the Securities Act); and
(iii) the Company is not an ineligible issuer (as defined under Rule 405 under the Securities Act). The Company hereby agrees that, to the extent not prohibited by any applicable law or applicable interpretations of the staff of the SEC, it
shall file with the SEC as soon as reasonably practicable after the filing with the SEC of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2011, a prospectus supplement to the base prospectus included in the
Company’s existing registration statement referred to in clause (i) of this Section 2 covering the resale of all of the Registrable Shares from time to time by the Trust, as the selling stockholder thereunder, to enable the Manager to
direct the Trust to offer and sell any or all of the Registrable Shares on a delayed or continuous basis pursuant to Rule 415 under the Securities Act and in the manner contemplated by the plan of distribution set forth in the Registration
Statement. 
 (3) Compliance with the Securities Act: Procedures. The Company hereby agrees that it shall: 

a. during the Registration Period, furnish to the Manager, prior to the filing thereof with the SEC, a copy of any
amendment, if applicable, to the Registration Statement, a copy of the Prospectus related to the Registrable Shares, and a copy of each amendment or supplement thereto (excluding amendments caused by the filing of a report under the Exchange Act),
and use its commercially reasonable efforts to reflect in each such document, when so filed with the SEC, such comments as the Manager may reasonably and promptly propose; provided that the Company shall not be required to take any action under this
Section 3(a) that is not, in the reasonable opinion of counsel for the Company, in compliance with applicable law; 

  
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 b. subject to Sections 4(b), 4(c) and 4(d) hereof, ensure that during the
Registration Period, (i) the Registration Statement, any amendment thereto, any Prospectus forming a part thereof and any amendment or supplement thereto complies in all material respects with the Securities Act; (ii) the Registration
Statement and any amendment thereto does not, when it becomes effective, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading; and
(iii) any Prospectus forming a part of the Registration Statement, and any amendment or supplement to such Prospectus, does not include an untrue statement of a material fact or omit to state a material fact necessary in order to make the
statements therein, in light of the circumstances under which they were made, not misleading; provided, that the Company makes no representation with respect to information included therein in reliance upon and in conformity with information
furnished to the Company in writing by the Manager on behalf of the Trust or any underwriter participating in the disposition of the Registered Securities pursuant to the Registration Statement; 

c. prepare and file with the SEC such amendments (including post-effective amendments) and supplements to the Registration
Statement and the Prospectus as may be necessary to keep the Registration Statement effective at all times until the end of the Registration Period; provided that the Company shall not be required to file any such amendment (excluding amendments
caused by the filing of a report under the Exchange Act), supplement or replacement during any Scheduled Registration Suspension Period or any suspension period pursuant to Section 4(c) or (d) hereof; 

d. furnish the Manager with such reasonable number of copies of the Prospectus, in conformity with the requirements of the
Securities Act, and such other documents as the Manager may reasonably request, in order to facilitate the public sale or other disposition of all or any of the Registrable Shares by the Trust; 

e. use its commercially reasonable efforts to file any documents necessary to register or qualify the Registrable Shares
under the securities or blue sky laws of such jurisdictions as the Manager shall reasonably designate in writing; provided that the Company shall not be required to (i) qualify as a foreign corporation or other entity or as a dealer in
securities in any such jurisdiction where it would not otherwise be required to so qualify, (ii) file any general consent to service of process in any such jurisdiction or (iii) subject itself to taxation in any such jurisdiction if it is
not otherwise so subject; 
 f. use its commercially reasonable efforts to cause the Registrable Shares to be
listed on the New York Stock Exchange (the “NYSE”) (or, if the Common Stock is not then listed on the New York Stock Exchange, the principal securities exchange or quotation system on which the Common Stock is then listed) as soon
as reasonably practicable after the filing with the SEC of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2011; 
 g. bear all expenses incurred by it in connection with the performance of its obligations hereunder, and all reasonable fees and expenses of legal counsel to the Manager incurred in connection with the
registration and sale of the Registrable Shares (such fees and expenses of legal counsel not to exceed $15,000 in the aggregate without the Company’s prior written consent, which consent shall not be unreasonably withheld or delayed); provided
that the Trust, to the extent permitted by applicable law, shall bear the expense of any underwriting discounts, brokerage fees, commissions and transfer taxes, if any; 

  
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 h. use its commercially reasonable efforts to take such actions as are under
its control to remain a well-known seasoned issuer (as defined in Rule 405 under the Securities Act) (and not become an ineligible issuer (as defined in Rule 405 under the Securities Act)) during the Registration Period, and, in the event the
Company is not a well-known seasoned issuer or is an ineligible issuer, the Company shall take all actions necessary, including, without limitation, filing such amendments to the Registration Statement and supplements to the Prospectus as may be
necessary from time to time and/or filing a new Registration Statement and Prospectus on such appropriate registration form of the SEC, in each case as shall permit the disposition of the Registrable Securities in accordance with the intended method
or methods of disposition requested by the Manager; and 
 i. make generally available to its security holders as
soon as practicable, but in any event not later than 18 months after (i) the effective date of the applicable Registration Statement, (ii) the effective date (as defined in Rule 158(c) under the Securities Act) of each post-effective
amendment to the Registration Statement and (iii) the date of each filing by the Company with the SEC of an Annual Report on Form 10-K that is incorporated by reference or deemed to be incorporated by reference in the Registration Statement, an
earnings statement satisfying the provisions of Section 11(a) of the Securities Act and Rule 158 promulgated by the SEC thereunder. 
 It shall be a condition precedent to the obligations of the Company to take any action pursuant to this Section 3 that the Manager shall provide such reasonable assistance to the Company and furnish,
or cause to be furnished, to the Company in writing such information regarding the Manager, the Registrable Shares to be sold and the intended method or methods of disposition of the Registrable Shares as shall be necessary to effect the
registration of the Registrable Shares and as may be required from time to time under the Securities Act and the rules and regulations thereunder. 
 (4) Transfer of Registrable Shares after Registration; Suspension. 
 a. Methods of Distribution; Notification of Changes. The Manager agrees that it shall not (x) offer to sell or make any sale, assignment, pledge, hypothecation or other transfer with respect
to the Registrable Shares that would constitute a sale within the meaning of the Securities Act or (y) direct the Trust to offer to sell or make any sale, assignment, pledge, hypothecation or other transfer with respect to the Registrable
Shares that would constitute a sale within the meaning of the Securities Act, except, in the case of each of clauses (x) and (y), pursuant to either the Registration Statement or Rule 144, and (ii) it will promptly notify the Company of
any changes in the information set forth in the Registration Statement regarding the Manager or the intended plan of distribution of the Registrable Shares. 
 b. Suspension of Registration by the Company. In addition to the restrictions applicable during a Scheduled Registration Suspension Period as set forth in Section 4(d) below or any suspension
required under Section 4(c) below, the Company may, upon the happening of any event or the existence of any state of facts that, in the judgment of an executive officer of the Company or the Company’s legal counsel, renders advisable the
suspension of the disposition of Registrable Shares covered by the Registration Statement or the use of the Prospectus or any supplement thereto due to pending transactions or other corporate developments, public filings with the SEC or similar
events, suspend the disposition of Registrable Shares covered by the Registration Statement and the use of such Prospectus or any supplement thereto for a period of not more than 90 days upon written notice (a “Suspension Event
Notice”) to the Manager (which Suspension Event Notice will not disclose the content of any material non-public information and 

  
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will indicate the dates of the beginning and the end of the intended suspension, if known), in which case the Manager, upon receipt of such Suspension Event Notice, shall discontinue, and shall
cause the Trust to discontinue, disposition of Registrable Shares covered by the Registration Statement and the use of any applicable Prospectus or any supplement thereto (an “Event Suspension”) until copies of a supplemented or
amended Prospectus are distributed to the Manager or until the Manager is advised in writing by the Company that the disposition of Registrable Shares covered by the Registration Statement or the use of the Prospectus or supplement thereto may be
resumed; provided that such right to suspend the disposition of Registrable Shares covered by the Registration Statement or the use of the Prospectus or supplement thereto under this Section 4(b) shall not be exercised by the Company for more
than the number of days in any 12-month period equal to 140 minus the aggregate number of days during which the disposition of Registrable Securities pursuant to the Registration Statement was suspended on account of any Scheduled Registration
Suspension Period occurring in the applicable 12-month period. Any Event Suspension and Suspension Event Notice described in this Section 2(c) shall be held in confidence and not disclosed by the Manager, except as required by law. 

c. Notice of Certain Events; Required Suspensions. In the event of: (i) any request by the SEC or any other
federal or state governmental authority for amendments or supplements to the Registration Statement or related Prospectus or for additional information; (ii) the issuance by the SEC or any other federal or state governmental authority of any
stop order suspending the effectiveness of the Registration Statement or the initiation of any proceedings for that purpose, including the receipt by the Company of any notice of objection of the SEC to the use of the Registration Statement or any
post-effective amendment thereto pursuant to Rule 401(g)(2) under the Securities Act; (iii) the receipt by the Company of any notification with respect to the suspension of the qualification or exemption from qualification of any of the
Registrable Shares for sale in any jurisdiction or the initiation of any proceedings for such purpose; or (iv) any event or circumstance that necessitates the making of any changes in the Registration Statement or the Prospectus, or any
document incorporated or deemed to be incorporated therein by reference, so that, in the case of the Registration Statement, it will not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein
or necessary to make the statements therein not misleading, and that, in the case of the Prospectus, it will not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the
statements therein, in the light of the circumstances under which they were made, not misleading, in each case, during the Registration Period, then the Company shall deliver a certificate in writing to the Manager (a “Suspension
Notice”) to the effect of the foregoing (which Suspension Notice will not disclose the content of any material non-public information and will indicate the dates of the beginning and the end of the intended suspension, if known) and, upon
receipt of such Suspension Notice, the Manager shall refrain, and shall cause the Trust to refrain, from selling any Registrable Shares pursuant to the Registration Statement or using the Prospectus or any supplement thereto (a
“Suspension”) until the Manager has received copies of a supplemented or amended Prospectus prepared and filed by the Company, or until the Manager is advised in writing by the Company that the current Prospectus or supplement
thereto may be used. In the event of any Suspension, the Company will use its commercially reasonable efforts to cause the availability for use of the Registration Statement and the Prospectus to be resumed as soon as reasonably possible after
delivery of a Suspension Notice to the Manager. Any Suspension and Suspension Notice described in this Section 2(d) shall be held in confidence and not disclosed by the Manager, except as required by law. 

  
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 d. Scheduled Registration Suspension Periods. During any Scheduled
Registration Suspension Period, the Manager shall suspend, and shall cause the Trust to suspend, the disposition of any Registrable Securities pursuant to the Registration Statement, the Prospectus or any supplement thereto until termination of such
Scheduled Registration Suspension Period. For the avoidance of doubt, during any Scheduled Registration Suspension Period, the Manager shall be permitted to dispose, or cause the Trust to dispose, of Registrable Securities pursuant to Rule 144, if
then available. 
 e. Stop Transfer Instructions. In order to enforce the covenants of the Manager set
forth in Sections 2(c) and (d) above, the Company may impose stop transfer instructions with respect to the sale of Registrable Shares by the Trust until the end of the applicable suspension period. 

f. Return of Copies of the Prospectus. If so directed by the Company, the Manager shall deliver to the Company all
physical copies of the Prospectus and any supplements thereto in its possession at the time of receipt by the Manager of any Suspension Event Notice or Suspension Notice. 

g. Sale of Registrable Shares under the Registration Statement. The Manager may sell Registrable Shares under the
Registration Statement; provided that (i) neither a Suspension nor an Event Suspension is then in effect, (ii) the Manager sells in accordance with the plan of distribution in the Prospectus and (iii) the Manager arranges for delivery
of a current Prospectus (as supplemented) to any transferee receiving such Registrable Shares in compliance with the prospectus delivery requirements of the Securities Act. 

h. Cooperation. (i) The Company shall cooperate with the Manager to facilitate the timely preparation and
delivery of the Registrable Shares sold pursuant to the Registration Statement, or in any transaction pursuant to which the Registrable Shares will be sold or disposed of in accordance with the terms of this Agreement, free of any restrictive
legends and registered in such names as the Manager on behalf of the Trust may request at least two Business Days prior to settlement of such sale or disposition, including, without limitation causing an Opinion of Counsel and any other certificates
or documents to be delivered to the registrar of the Registrable Shares, if required; and (ii) the Company shall enter into such customary agreements and take all other appropriate actions as may be reasonably requested by the Manager in order
to expedite or facilitate the disposition of the Registrable Shares. The plan of distribution in the Registration Statement and the Prospectus included therein shall permit resales of Registrable Shares to be made by the Manager, on behalf of the
Trust, through brokers, dealers or otherwise. 
 i. Use of Free Writing Prospectuses. The Manager shall
not use any free writing prospectus (as defined in Rule 405 in connection with the sale of the Registrable Shares without the prior written consent of the Company. 
 (5) Indemnification. 
 a. Indemnification by the
Company. The Company agrees to (i) indemnify and hold harmless the Manager (including, for purposes of this Section 5, the officers, directors, employees and agents of the Manager), and each person, if any, who controls the Manager
within the meaning of either Section 20 of the Exchange Act or Section 15 of the Securities Act (the “Manager Indemnitees”), from and against any and all losses, claims, damages, liabilities or expenses, joint or several
(each, a “Loss” and, collectively, “Losses”), to which any Manager Indemnitee may become subject under the Securities Act, the Exchange Act or any other federal or state law or regulation, or at common law or
otherwise (including in settlement of any litigation, if such settlement is effected with the written consent of the Company, which consent 

  
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shall not be unreasonably withheld or delayed), only to the extent such Losses (or actions in respect thereof as contemplated below) arise out of or are based upon (A) any failure on the
part of the Company to comply with the covenants and agreements contained in this Agreement or (B) any untrue statement or alleged untrue statement of any material fact contained in the Registration Statement, the Prospectus or any amendment or
supplement thereto, or the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein (in the case of the Prospectus or any supplement thereto, in light of the
circumstances under which they were made) not misleading, and (ii) reimburse each Manager Indemnitee for any reasonable legal fees and other reasonable out of pocket expenses as such expenses are incurred by such Manager Indemnitee in
connection with investigating, defending, settling, compromising or paying any such Loss or action; provided that the Company will not be liable in any such case to the extent that any such Loss arises out of or is based upon (1) an untrue
statement or alleged untrue statement or omission or alleged omission made in the Registration Statement, the Prospectus or any amendment or supplement thereto in reliance upon and in conformity with information furnished in writing (including by
e-mail) to the Company by the Manager, (2) any untrue statement or omission of a material fact required to make such statement not misleading in the Prospectus that is corrected in an amended or supplemented Prospectus that was delivered to the
Manager before the pertinent sale or sales by the Manager or (3) any untrue statement or alleged untrue statement or omission or alleged omission in the Registration Statement, the Prospectus or any amendment or supplement thereto, when used or
distributed by the Manager during a period in which an Event Suspension or Suspension is properly in effect under Section 2(c) or (d). The Manager hereby agrees that if the Manager or any of its controlling persons is not entitled to
indemnification for any Loss pursuant to this Section 5(a) as a result of clause (1), (2) or (3) above, then none of the Manager Indemnitees shall be entitled to indemnification for such Loss pursuant to the terms of the
indemnification provisions set forth in the Plans 
 b. Indemnification by the Manager. To the extent
permitted by applicable law, the Manager will (i) indemnify and hold harmless the Company, each director of the Company, each member of the Committee, each of the Company’s officers who signed the Registration Statement and each person, if
any, who controls the Company within the meaning of either Section 15 of the Securities Act or Section 20 of the Exchange Act (the “Company Indemnitees”), from and against any and all Losses to which any Company Indemnitee
may become subject under the Securities Act, the Exchange Act or any other federal or state law or regulation, or at common law or otherwise (including in settlement of any litigation, if such settlement is effected with the written consent of the
Manager, which consent shall not be unreasonably withheld or delayed), only to the extent such Losses (or actions in respect thereof as contemplated below) arise out of or are based upon (i) any failure on the part of the Manager to comply with
the covenants and agreements contained in this Agreement with respect to the sale of the Registrable Shares or (ii) any untrue statement or alleged untrue statement of any material fact contained in the Registration Statement, the Prospectus or
any amendment or supplement thereto, or the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein (in the case of the Prospectus or any supplement thereto, in light of
the circumstances under which they were made) not misleading; provided that the Manager will be liable in any such case only to the extent that any such untrue statement or alleged untrue statement or omission or alleged omission was made in the
Registration Statement, the Prospectus or any amendment or supplement thereto in reliance upon and in conformity with information furnished in writing (including by e-mail) to the Company by or on behalf of the Manager, and (ii) reimburse such
Company Indemnitee for any reasonable legal fees and other reasonable out-of-pocket expenses as such expenses are incurred by such Company Indemnitee in connection with investigating, defending, settling, compromising or paying any such Loss or
action. In no event shall the liability of the Manager under this Section 5(b) be greater than the aggregate fees received by the Manager pursuant to the Investment Management Agreement. 

  
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 c. Indemnification Procedure. 

i. Promptly after receipt by an indemnified party under this Section 5 of written notice of the threat or
commencement of any action, such indemnified party will, if a claim in respect thereof is to be made against an indemnifying party under this Section 5, promptly notify the indemnifying party in writing of the claim; provided that the omission
so to notify the indemnifying party will not relieve the indemnifying party from any liability which it may have to any indemnified party under the indemnity agreement contained in this Section 5 or otherwise, to the extent that the
indemnifying party is not prejudiced as a result of such failure. 
 ii. In case any such action is brought
against any indemnified party and such indemnified party notifies an indemnifying party thereof and seeks or intends to seek indemnity from such indemnifying party, such indemnifying party will be entitled to participate in, and to the extent that
it may determine, jointly with all other indemnifying parties similarly notified, to assume, the defense thereof with counsel reasonably satisfactory to such indemnified party; provided that, if the defendants in any such action include both such
indemnified party and such indemnifying party and such indemnified party shall have reasonably concluded that there may be a conflict between its position and the position of such indemnifying party with respect to the conduct of the defense of any
such action or that there may be legal defenses available to it that are different from or additional to those available to such indemnifying party, in each case, such indemnified party shall have the right to select separate counsel to assume such
legal defenses and to otherwise participate in the defense of such action on behalf of such indemnified party. Upon receipt of notice from such indemnifying party of its election so to assume the defense of such action and approval by such
indemnified party of such indemnifying party’s counsel, such indemnifying party will not be liable to such indemnified party under this Section 5 for any legal or other expenses subsequently incurred by such indemnified party in connection
with the defense of such action; provided that the reasonable fees and expenses of counsel of such indemnified party shall be at the expense of such indemnifying party if (A) such indemnified party shall have employed such counsel in connection
with the assumption of legal defenses in accordance with the proviso to the preceding sentence (it being understood that such indemnifying party shall not be liable for the expenses of more than one separate counsel (in addition to any local
counsel) for all indemnified parties who are parties to such action) or (B) such indemnifying party shall not have employed counsel reasonably satisfactory to the indemnified party to represent the indemnified party within a reasonable time
after notice of commencement of the action. 
 d. Contribution. 

i. If the indemnification provided for in this Section 5 is held by a court of competent jurisdiction to be
unavailable to an indemnified party with respect to any Loss referred to herein, then the indemnifying party, in lieu of indemnifying such indemnified party hereunder, shall contribute to the amount paid or payable by such indemnified party as a
result of such Loss in such proportion as is appropriate to reflect the relative fault of such indemnifying party on the one hand and of such indemnified party on the other hand in connection with the statements or omissions that resulted in such
Loss, as well as any 

  
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other relevant equitable considerations. The relative fault of such indemnifying party and of such indemnified party shall be determined by reference to, among other things, whether the untrue or
alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates to information supplied by such indemnifying party or by such indemnified party and the parties’ relative intent, knowledge, access
to information and opportunity to correct or prevent such statement or omission. The amount paid or payable by a party as a result of the Losses referred to above shall be deemed to include, subject to the limitations set forth in Section 5(c)
hereof, any legal or other fees or expenses reasonably incurred by such party in connection with any investigation or proceeding. 
 ii. The parties hereto agree that it would not be just and equitable if contribution pursuant to this Section 5(d) were determined by pro rata allocation or by any other method of allocation that
does not take into account the equitable considerations referred to in the immediately preceding paragraph. Notwithstanding the provisions of this Section 5(d), in no event shall the Manager be required to contribute any amount in excess of the
aggregate fees received by the Manager pursuant to the Investment Management Agreement. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any
person or entity who was not guilty of such fraudulent misrepresentation. 
 e. Non-Exclusive Remedies.
The remedies provided for in this Section 5 are not exclusive and shall not limit any rights or remedies that may otherwise be available to any indemnified person at law or in equity. 

f. Surviving Obligations. The obligations of the Company and the Manager under this Section 5 shall survive
the termination of this Agreement and the completion of the disposition of the Registrable Shares. 
 (6) Rule 144
Information. For such period as the Trust or the Plans holds any Registrable Shares received pursuant to the Contribution, the Company shall use its reasonable best efforts to file all reports required to be filed by it under the Exchange Act
and the rules and regulations thereunder and shall use its reasonable best efforts to take such reasonable further action to the extent required to enable the Manager to sell the Registrable Shares pursuant to Rule 144. 

(7) Rights of the Trust. All of the rights and benefits conferred on the Manager pursuant to this Agreement (other than the right
to indemnification provided in Section 3) are intended to inure to the benefit of the Trust. 
 (8) Miscellaneous.

 a. Governing Law. This Agreement shall be governed by and construed and interpreted in accordance with
the laws of the State of New York, irrespective of the choice of laws principles of the State of New York, as to all matters, including matters of validity, construction, effect, enforceability, performance and remedies. 

b. Force Majeure. Neither party will have any liability for damages or delay due to fire, explosion, lightning,
pest damage, power failure or surges, strikes or labor disputes, water or flood, acts of God, the elements, war, civil disturbances, acts of civil or military authorities or the public enemy, acts or omissions of communications or other carriers or
any other cause beyond a party’s reasonable control (other than that which arises from the gross negligence or willful misconduct of such party), whether or not similar to the foregoing, that prevent such party from materially performing its
obligations hereunder. 

  
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 c. Entire Agreement; Modification; Waivers. This Agreement
constitutes the entire agreement between the parties with respect to the subject matter hereof and shall supersede all previous negotiations, commitments and writings with respect to the matters discussed herein. This Agreement may not be altered,
modified or amended except by a written instrument signed by both parties. The failure of any party to require the performance or satisfaction of any term or obligation of this Agreement, or the waiver by any party of any breach of this Agreement,
shall not prevent subsequent enforcement of such term or obligation or be deemed a waiver of any subsequent breach. 
 d. Severability. The provisions of this Agreement are severable and, in the event that any provision is deemed illegal or unenforceable, the remaining provisions shall remain in full force and
effect. unless the deletion of any such illegal or unenforceable provision shall cause this Agreement to become materially adverse to either party, in which event the parties shall use commercially reasonable efforts to arrive at an accommodation
that best preserves for the parties the benefits and obligations of the offending provision. 
 e.
Notices. Except as otherwise expressly provided, any notice, request, demand or other communication permitted or required to be given under this Agreement shall be in writing, shall be sent by one of the following means to the Company or the
Manager at the addresses set forth below (or to such other address as shall be designated hereunder by notice to the other parties and persons receiving copies, effective upon actual receipt), and shall be deemed conclusively to have been given
(i) on the first business day following the day timely deposited with Federal Express (or other equivalent national overnight courier) or United States Express Mail, with the cost of delivery prepaid or for the account of the sender,
(ii) on the fifth business day following the day duly sent by certified or registered United States mail, postage prepaid and return receipt requested, or (iii) when otherwise actually received by the addressee on a business day (or on the
next business day if received after the close of normal business hours or on any non-business day). 
 If to
the Manager: 
 Evercore Trust Company, N.A. 

55 East 52nd Street 
 New York, NY 10055 
 Attention: Norman P. Goldberg, Managing
Director 
 If to the Company: 

Visteon Corporation 
 One Village Center Drive 
 Van Buren Township, MI 48111

 Attention: General Counsel 

f. Title and Headings. Titles and headings to sections herein are inserted for convenience of reference only and
are not intended to be part of or to affect the meaning or interpretation of this Agreement. 

  
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 g. Execution in Counterparts. This Agreement may be executed in any
number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. 
 h. Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the Company and the Manager and their respective successors and permitted assigns. None of the rights or
obligations under this Agreement shall be assigned by the Manager without the prior written consent of the Company and the Trust in their sole discretion. Any purported assignment in violation of the foregoing sentence shall be null and void.

 IN WITNESS WHEREOF, each of the Company and the Manager has caused this Agreement to be duly executed on its behalf by
its duly authorized officer as of the date first written above. 
 VISTEON CORPORATION 

By:     /s/ Michael P.
Lewis                                        

 Name: Michael P. Lewis 

Title: Vice President and Treasurer 

EVERCORE TRUST COMPANY, N.A. 

By:     /s/ Norman P.
Goldberg                                     

Name: Norman P. Goldberg 
 Title: Managing Director 

  
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