exv10wv



 




Exhibit 10.V


     
Most of the Company’s executive officers,
including all of the current officers who were named in the
Summary Compensation Table of the 2003 proxy statement signed a
noncompete agreement in June 2002, substantially in the form
below, except that William Clay Ford, Jr., our Chairman and
Chief Executive Officer, and Allan D. Gilmour, our Vice
Chairman, did not receive the remuneration. In addition, certain
individuals who became executive officers after June 1,
2002 signed the agreement in consideration of their hiring or
promotion and related compensation, benefits and perquisites.




Trade Secrets/ Non-Compete Statement


     
[I acknowledge to Ford Motor Company (including,
as used herein, any affiliates of Ford Motor Company)]



     
[I acknowledge that one of the factors Ford Motor
Company considered and relied on in offering employment to me
was my willingness to sign and execute this statement. I also
acknowledge to Ford Motor Company (including, as used herein,
any affiliates of Ford Motor Company)]




			
	 	• 	
    I am aware of trade secrets and/or other
    confidential or proprietary information concerning the business
    plans, strategies, tactics, manufacturing know-how, good will,
    sources of supply, customers and other trade secrets or
    confidential information not generally known to others engaged
    in similar businesses; and,
    
	 
	 	• 	
    During the course of my continued
    employment, I will become aware of trade secrets or other
    confidential or proprietary information concerning the business
    plans, strategies, tactics, manufacturing know-how, sources of
    supply, customers and other trade secrets or confidential
    information not generally known to others engaged in similar
    businesses.
    




     
I agree that Ford Motor Company is entitled to be
protected from the possibility that I may seek to become or
actually become associated with a business that competes with
Ford Motor Company. This would be unfair competition, because I
have, and will have, extensive knowledge about Ford Motor
Company, including the confidential information described above.



     
I also agree:




			
	 	• 	
    For a period of two years immediately following
    my voluntary termination, as an officer, director or employee of
    Ford Motor Company, I shall not, directly or indirectly,
    work for or associate with any business that competes in trade
    or commerce with Ford Motor Company; and
    
	 
	 	• 	
    Always to refrain from any direct or indirect use
    or disclosure (whether intentional, negligent or reckless) of
    any trade secret or confidential or proprietary information
    belonging to Ford Motor Company to any person or business,
    without regard to the nature of my termination; and,
    
	 
	 	• 	
    To refrain from taking any action that will cause
    the termination or interference of existing business
    relationships between or among Ford Motor Company, Ford Motor
    Company employees, and any of their customers or suppliers for
    two years following my voluntary termination from Ford Motor
    Company.
    




     
I acknowledge that if I violate any of the terms
of this memorandum, I will cause severe, immediate and
irreparable harm to Ford Motor Company.




		
	 	
    My decision to sign this memorandum was made
    voluntarily and freely[, and, in consideration of][a restricted
    stock grant of Ford common stock having the value of one times
    my current








 


		
	 	
    base salary, the sufficiency and receipt of
    which is acknowledged. The actual number of shares will be
    determined by using the Fair Market Value (FMV) of the Ford
    stock on May 31, 2002. FMV is the average of the high and
    low stock prices on May 31, 2002. The stock will be issued
    as of June 1, 2002 with restrictions that will lapse on the
    3rd anniversary of the grant] [my election as an
    officer of the Company and related compensation, benefits, and
    perquisites].




     
I acknowledge that this statement does not, and
will not, alter my status as an employee-at-will.



     
If any of the terms of this memorandum are found
by a court of competent jurisdiction to be unenforceable due to
the duration, scope, geography or territory, I agree that
the court shall be authorized to construe or interpret these
terms in a manner that makes this memorandum enforceable within
that jurisdiction. The law of the State of Michigan (excluding
its conflict of laws provisions) shall govern the meaning,
construction and interpretation of this memorandum even if I am
employed elsewhere.



     
Nothing contained in this document shall be
construed to supersede, modify or affect the terms or provisions
of any existing executive or employee benefit plan.



     
This memorandum may not be changed or amended
unless it is in writing and signed by the parties.









		
	* 	
    In certain countries where restricted stock is
    taxed at the time of grant, restricted stock equivalents were
    granted in lieu of restricted stock.
    





			
	 	                  Signed by: 	
    











			
	 	                  Date: