Document:

Exhibit 4.4

     

    Exhibit
      4.4

     

     

    Articles
      XX and XXI of the Plan were amended, effective May 11, 2005 and October 13,
      2005, and now read as follows:

     

    XX.
      Operation and Administration 

     

    1.
      General.
      Pursuant
      to ERISA, the Company shall be the sole named fiduciary with respect to the
      Plan
      and shall have authority to control and manage the operation and administration
      of the Plan. 

     

    Effective
      May 11, 2005, the Group Vice President-Human Resources and Labor Affairs, the
      Executive Vice President and Chief Financial Officer, and the Senior Vice
      President-General Counsel shall have the authority, on behalf of the Company,
      to
      appoint and remove trustees under the Plan, to approve policies relating to
      the
      allocation of contributions and the distribution of assets among trustees,
      and
      to approve Plan amendments other than Plan amendments relating to the offering
      of Company stock as an investment election which amendments shall be made by
      the
      Board of Directors. 

     

    The
      Vice
      President-
      Treasurer shall be authorized on behalf of the Company to contract with the
      trustees under the Plan and to determine the form and terms of the trust
      agreements, to allocate contributions and distribute assets among trustees,
      and
      shall have authority to designate other persons to carry out specific
      responsibilities in connection therewith; provided, however, that such actions
      shall be consistent with ERISA, the policy of the Board of Directors and
      officers designated in the preceding subparagraph and the Plan. 

     

    Except
      as
      otherwise provided in this Paragraph XX or elsewhere in the Plan, the Group
      Vice
      President-Human Resources and the Executive Vice President and Chief Financial
      Officer are designated to carry out the Company's responsibilities with respect
      to the Plan, including, without limitation, appointment and removal of service
      providers used in connection with the administration of the Plan and
      determination of prior service for eligibility purposes under the Plan in the
      event of acquisition by a Participating Company (by purchase, merger, or
      otherwise) of all or part of the assets of another corporation. 

     

    Any
      Company director, officer or employee who shall have been expressly designated
      pursuant to the Plan to carry out specific Company responsibilities shall be
      acting on behalf of the Company. Any person or group of persons may serve in
      more than one capacity with respect to the Plan and may employ one or more
      persons to render advice with regard to any responsibilities such person has
      under the Plan. In the event of a change in the designated officer's title,
      the
      officer or officers with functional responsibility for the Plan shall have
      the
      authority to the extent described in this Paragraph. 

    

    The
      officers with responsibility for the Plan may allocate responsibilities between
      themselves and shall have authority to designate other persons to carry out
      specific responsibilities on behalf of the Company in connection therewith;
      provided, however, that such actions shall be consistent with ERISA, the policy
      of the Board of Directors and the Plan. 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    2. Investment
      Review

     

    Effective
      May 11, 2005, the Board of Directors implemented a revised process for reviewing
      the investment options offered under the Plan. The role of the Investment
      Process Committee ("IPC") was clarified and an Investment Process Oversight
      Committee ("IPOC") was created. Each member of the IPC and the IPOC shall
      execute their respective responsibilities under the Plan for the sole benefit
      of
      Members and their beneficiaries. 

     

    (a) Investment
      Process Oversight Committee

    

    The
      members of the Investment Process Oversight Committee ("IPOC") shall be the
      Vice
      President-Treasurer, Associate General Counsel and Secretary and the Vice
      President, Human Resources. The IPOC shall meet at least quarterly to review
      the
      performance of the investment options and to consider any recommendations from
      the Investment Process Committee ("IPC"). The IPOC shall take action with
      respect to the Ford Stock Fund, Common Stock Index Fund, Bond Index Fund and
      Interest Income Fund only to the extent required by ERISA. Any member of the
      IPOC may request to meet more frequently. The IPOC shall appoint a secretary,
      which does not have to be an IPOC member. Any action taken pursuant to this
      Article XX by the IPOC shall be by unanimous consent, with or without a meeting.
      The IPOC shall have the power to approve any changes in the Additional Mutual
      Funds listed on Appendix A. 

     

    (b) Investment
      Process Committee

     

    The
      members of the Investment Process Committee ("IPC") shall be the
      Director-Trading, Director-Asset Management and Manager-Savings and Executive
      Retirement Plans, North America. Each member of the IPC shall have an alternate
      designated by such member. In the event a member of the IPC is absent from
      a
      meeting, the member's alternate may attend, and when in attendance, shall
      exercise the powers and perform the duties of such member. The IPC shall appoint
      its own secretary, who does not have to be an IPC member, and shall act by
      unanimous consent of its members, with or without a meeting. 

     

    The
      Investment Process Committee shall recommend investment process guidelines
      to
      the IPOC for their approval with respect to the Additional Mutual Funds. Such
      guidelines shall include: 

     

    
      	(i)  	
              the
                types of investment options to be offered under the Plan, with due
                regard
                to the risk and return characteristics of such options and the need
                to
                offer a reasonable array of such risk and return
                alternatives;

            

    

    
      	(ii)  	
              the
                number of investment options of each type to be offered under the
                Plan,
                consistent with the range of risk and return characteristics deemed
                appropriate;

            

    

    
      	(iii)  	
              criteria
                for the selection of individual investment options for inclusion
                in the
                Plan;

            

    

    
 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    

      	(iv)  	
              procedures
                for reviewing the performance of investment options offered under
                the
                Plan; and

            

      	(v)  	
              criteria
                mandating the removal of investment options from availability under
                the
                Plan.

            

    

     

    After
      such guidelines have been approved by the IPOC, the IPC shall meet at least
      quarterly to (1) review the guidelines for continuing propriety, (2) review
      the
      performance of investment options pursuant to the criteria regarding the removal
      of investment options from availability under the Plan, and (3) recommend
      changes to the guidelines for approval by the IPOC. 

    

    The
      IPC
      shall recommend to the IPOC, for their approval, any changes to the investment
      process guidelines that the IPC deems appropriate. If changes to the investment
      options are required, the IPC shall recommend additional options, the deletion
      of options, and, if appropriate, the replacement of options to the IPOC for
      their approval.

    

    The
      IPC
      shall review the Ford Stock Fund, Common Stock Index Fund, Bond Index Fund
      and
      Interest Income Fund only to the extent required by ERISA. 

    

    Notwithstanding
      anything herein contained to the contrary, commencing on or after September
      7,
      2005, the IPC shall have full and exclusive power and authority to appoint,
      modify or terminate the appointment of an investment manager, independent
      fiduciary, or any other similar person, with respect to the Ford Stock Fund
      ("Ford Stock Fund Manager"), upon such terms and conditions as are acceptable
      to
      the IPC. Upon such an appointment, the IPC shall have no further responsibility
      with respect to the Ford Stock Fund except the duty to monitor the performance
      of the Ford Stock Fund Manager.

    

    The
      Ford
      Stock Fund Manager shall acknowledge that it is an investment manager and will
      be acting as a fiduciary within the meaning of Section 3(21)(A) of ERISA with
      respect to the Ford Stock Fund. In such capacity, the Ford Stock Fund Manager
      will exercise independent discretionary judgment in the performance of its
      obligations under any investment manager agreement in accordance with the
      fiduciary requirements set forth in Part 4 of Subtitle B of Title 1 of
      ERISA.

    

    

    To
      the
      extent that the IPC or the IPOC have been delegated authority under any of
      the
      Company's other defined contribution pension plans comparable to the authority
      set forth in this Section 11.4, the IPC or the IPOC may act jointly on behalf
      of
      such other plans while carrying out their responsibilities set forth in this
      Paragraph XX with respect to the Plan.

    

    In
      the
      event that the IPC appoints a Ford Stock Fund Manager, neither the Board nor
      the
      IPOC shall have any further oversight responsibility with respect to the
      selection of the Ford Stock Fund Manager or the terms and conditions of the
      engagement and, while the appointment remains in effect, shall have no duty
      to
      monitor the performance of the Ford 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Stock
      Fund Manager. Nothing herein contained should be construed to remove from the
      Board of Directors the exclusive authority under Paragraph XX (1) hereof to
      amend the Plan to remove Company Stock as an investment election under the
      Plan.

     

    3. Committee

     

    The
      Company shall create a Committee consisting of at least three members. The
      Company shall from time to time designate the members of the Committee and
      an
      alternate for each of such members, who shall have full power to act in the
      absence or inability to act of such member. The Committee shall appoint its
      own
      Chairman and Secretary, and shall act by a majority of its members, with or
      without a meeting. The Secretary or an Assistant Secretary of the Company shall
      from time to time notify the Trustee of the appointment of members of the
      Committee and alternates and of the appointment of the Chairman and Secretary
      of
      the Committee, upon which notices the Trustee shall be entitled to rely.

     

    The
      Committee shall have full power and discretionary authority to administer the
      Plan and to interpret its provisions. Any interpretation of the provisions
      of
      the Plan by the Committee shall be final and conclusive, and shall bind and
      may
      be relied upon by the several Participating Companies, each of their employees,
      the Trustee and all other parties in interest. 

     

     

     

    4. Indemnification

     

    No
      member
      of the Committee (or alternate for a member) or member of the Investment Process
      Committee (or alternate for any such member), or member of the Investment
      Process Oversight Committee or director, officer or employee of any
      Participating Company shall be liable for any action or failure to act under
      or
      in connection with the Plan, except for his or her own lack of good faith;
      provided, however, that nothing herein shall be deemed to relieve any such
      person from responsibility or liability for any obligation or duty under ERISA.
      Each director, officer, or employee of the Company who is or shall have been
      designated to act on behalf of the Company and each person who is or shall
      have
      been a member of the Committee (or an alternate for a member), or member of
      the
      Investment Process Committee (or an alternate for a member), or member of the
      Investment Process Oversight Committee, or a director, officer or employee
      of
      any Participating Company, as such, shall be indemnified and held harmless
      by
      the Company against and from any and all loss, cost, liability or expense that
      may be imposed upon or reasonably incurred by him or her in connection with
      or
      resulting from any claim, action, suit or proceeding to which he or she may
      be a
      party or in which he or she may be involved by reason of any action taken or
      failure to act under the Plan and against and from any and all amounts paid
      by
      him or her in settlement thereof (with the Company's written approval) or paid
      by him or her in satisfaction of a judgment in any such action, suit or
      proceeding, except a judgment in favor of the Company
      based upon a finding of his or her lack of good faith; subject, however, to
      the
      condition that, upon the assertion or 

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    institution
      of any such claim, action, suit or proceeding against him or her, he or she
      shall in writing give the Company an opportunity, at its own expense, to handle
      and defend the same before he or she undertakes to handle and defend it on
      his
      or her own behalf. The foregoing right of indemnification shall not be exclusive
      of any other right to which such person may be entitled as a matter of law
      or
      otherwise, or any power that a Participating Company may have to indemnify
      him
      or her or hold him or her harmless. 

     

    5. Payment
      of Expenses

     

    Brokerage
      commissions, fees and transfer taxes incurred in connection with the purchase
      or
      sale of Company stock shall be paid by the Company. Brokerage commissions and
      transfer taxes on the purchase and sale of Common Stock Index Fund securities
      shall be paid from Common Stock Index Fund assets by the Trustee, and the
      expenses of any collective, common, or commingled fund in which Common Stock
      Index Fund assets may be invested pursuant to Subparagraph 2 of Paragraph XIII
      hereof shall be paid from the assets in such collective, common or commingled
      fund. Brokerage commissions and transfer taxes on the purchase and sale of
      Bond
      Index Fund securities and the expenses of the Bond Index Fund including, without
      limitation, investment management fees shall be paid from Bond Index Fund
      assets, and the expenses of any collective, common, or commingled fund in which
      Bond Index Fund assets may be invested pursuant to Subparagraph 3 of Paragraph
      XIII hereof shall be paid from the assets in such collective, common or
      commingled fund. Earnings credited to the account of the Trustee under the
      Bond
      Index Fund shall be net of such charges by the Bond Index Fund Manager as may
      be
      provided in such contract. Brokerage commissions and transfer taxes on the
      purchase and sale of Interest Income Fund securities shall be paid from Interest
      Income Fund assets by the Trustee and the expenses of any collective, common,
      or
      commingled fund in which Interest Income Fund assets may be invested pursuant
      to
      Subparagraph 4 of Paragraph XIII hereof shall be paid from the assets in such
      collective, common or commingled fund. All management fees, redemption fees
      and
      all other expenses of any mutual funds offered as an investment election under
      the Plan shall be paid from assets in such mutual funds or charged to the
      accounts of members who elect to invest in such mutual funds. All other expenses
      of administration of the Plan, including expenses charged or incurred by the
      Trustee or the Company, shall be borne by the Company. Taxes, if any, on any
      Ford Stock Fund Units, Common Stock Index Fund Units or Bond Index Fund Units
      held by the Trustee or income therefrom which are payable by the Trustee shall
      be charged against the members' accounts as the Trustee and the Committee shall
      determine. 

     

     

    The
      records of the Trustee, the Committee and the several Participating Companies
      shall be conclusive in respect of all matters involved in the administration
      of
      the Plan. 

     

     

     

    Where
      Federal law does not control, the Plan shall be governed by and construed in
      accordance with the laws of the State of Michigan. 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    XXI.
      Termination, Suspension and Modification 

     

     

    The
      Company, by action of its Board of Directors, or officers designated under
      Paragraph XX hereof, may terminate or modify the Plan or suspend the operation
      of any provision of the Plan, as follows: 

     

    1.
 
      The Company may terminate the Plan at any time or may at any time or from time
      to time modify the Plan, in its entirety or in respect of the employees of
      one
      or more of the Participating Companies. The Company may at any time or from
      time
      to time terminate or modify the Plan or suspend for any period the operation
      of
      any provision thereof, in respect of any employees located in one or more states
      or countries, if in the judgment of the Committee compliance with the laws
      of
      such state or country would involve disproportionate expense and inconvenience
      to a Participating Company. Any such modification that affects the rights or
      duties of the Trustee may be made only with the consent of the Trustee. Any
      such
      termination, modification or suspension of the Plan may affect members in the
      Plan at the time thereof, as well as future members, but may not affect the
      rights of a member as to the continuance of investment, distribution or
      withdrawal of the cash value of assets in the account of the member as of the
      effective date of such termination, modification or suspension and earnings
      thereon; provided, however, that the Company may, in the event of a termination
      of the Plan, direct the Trustee to distribute the assets in the accounts of
      members in the Plan to such members. Any termination or modification of the
      Plan
      or suspension of any provision thereof shall be effective as of such date as
      the
      Company may determine, but not earlier than the date on which the Company shall
      give notice of such termination, modification or suspension to the Trustee
      and
      to the Participating Companies any of the employees of which are affected
      thereby. 

     

    2.
 
      The provisions of the foregoing Subparagraph 1 notwithstanding, the Company,
      by
      action of its Group Vice President-Human Resources and Labor Affairs, Executive
      Vice President and Chief Financial Officer and Senior Vice President-General
      Counsel, at any time or from time to time may modify any of the provisions
      of
      the Plan in any respect retroactively, if and to the extent necessary or
      appropriate in the judgment of such officers of the Company to qualify or
      maintain the Plan and the trust fund established thereunder as a plan and trust
      meeting the requirements of Section 401(a) and 501(a) of the Internal Revenue
      Code of 1986, as now in effect or hereafter amended, or any other applicable
      provisions of Federal tax laws or other legislation, as now in effect or
      hereafter amended or adopted, and the regulations thereunder at the time in
      effect. 

     

    3.
 
      Anything herein to the contrary notwithstanding, no such termination or
      modification of the Plan or suspension of any provision thereof may diminish
      the
      cash value of assets in the account of a member as of the effective date of
      such
      termination, modification or suspension. 

    
 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

     

    4.
 
      In the event of any merger or consolidation with, or transfer of assets or
      liabilities to, any other plan, each employee member, former employee, former
      member, beneficiary or estate eligible under the Plan shall, if the Plan is
      then
      terminated, receive a benefit immediately after the merger, consolidation or
      transfer, which is equal to the benefit he or she would have been entitled
      to
      receive immediately before the merger, consolidation or transfer if the Plan
      had
      then terminated.Exhibit 4.5

     

    Exhibit
      4.5

     

     

    Article
      XIII of the Plan was amended, effective April 13, 2006, and now reads as
      follows:

     

    XIII.
      Ford Stock Fund, Common Stock Index Fund, Bond Index Fund, Interest Income
      Fund,
      and Mutual Funds 

     

    1.
 
      Ford Stock Fund 

     

    The
      Trustee shall establish and administer the Ford Stock Fund in accordance with
      the following:

     

    (a) Investment
      Standard.

    

    It
      is the
      Company's intent that to the fullest extent permitted by ERISA, that the Ford
      Stock Fund be a permanent feature of the Plan, that it shall qualify as an
      employee stock ownership plan under Section 407(d)(6) of ERISA and Code Section
      4975(e)(7) and that the Ford Stock Fund should be, and should continue to be
      invested exclusively in Company Stock (except to the limited extent described
      in
      Paragraph 13.1(b) below as to the liquidity component to support daily activity)
      without regard to (i) the diversification of assets, (ii) the risk profile
      of
      investments in Company Stock, (iii) the amount of income provided by Company
      Stock or (iv) the fluctuation in the fair market value of Company Stock). The
      Ford Stock Fund shall be managed pursuant to this statement of intent unless
      the
      Company or, in the event a Ford Stock Fund Manager is appointed in accordance
      with Paragraph XX hereof, the Ford Stock Fund Manager, using an abuse of
      discretion standard, determines from reliable public information, that there
      is
      a serious question concerning the Company's short term viability as a going
      concern. 

     

    (b)
        Investments 

     

    For
      each
      member who elects pursuant to Paragraph VII to have Tax-Efficient Savings
      Contributions and/or After-Tax Savings Contributions invested in the Ford Stock
      Fund or for whom a transfer is made to the Ford Stock Fund as provided in
      Paragraph VIII hereof, the Trustee shall invest the sums so to be invested
      or
      transferred in accordance with instructions of a person, company, corporation
      or
      other organization appointed by the Company. The Trustee may be appointed for
      such purpose. 

     

    Investments
      shall be made exclusively in
      shares
      of Company stock except a small portion shall be invested in short-term
      investments to provide liquidity for daily activity. It is expected that about
      one to two percent of the Fund will be held in short-term investments, but
      the
      percentage may be higher or lower, depending upon the expected liquidity
      requirements of the Fund.

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Investments
      of all or a portion of Ford Stock Fund assets may be made in any common,
      collective or commingled fund when, in the opinion of the Trustee, such
      investments are consistent with the objective of the Ford Stock Fund.

     

    (c)
        Ford Stock Fund Units

     

    Members
      shall have no ownership in any particular asset of the Ford Stock Fund. The
      Trustee shall be the sole owner of all Ford Stock Fund assets. Proportionate
      interests in the Ford Stock Fund shall be expressed in Ford Stock Fund Units.
      All Ford Stock Fund Units shall be of equal value and no Ford Stock Fund Unit
      shall have priority or preference over any other. Ford Stock Units shall be
      credited by the Trustee to accounts of members as of each valuation date.

     

    (d)
       Ford Stock Fund Unit Prices

     

    The
      term
“Ford Stock Fund Unit Price,” as used herein, shall mean the value in money of
      an individual Ford Stock Fund Unit expressed to the nearest cent. The Ford
      Stock
      Fund Unit Price as of October 1, 1995 was $10.00, as determined by the
      Committee. The number of Ford Stock Fund Units as of October 1, 1995 was
      determined by dividing the market value of shares of Company stock and cash
      received by the Trustee for investment in the Ford Stock Fund by such Ford
      Stock
      Fund Unit Price. Thereafter, the Ford Stock Fund Unit Price shall be
      redetermined at the end of each business day that is a trading day of the New
      York Stock Exchange. The Ford Stock Fund Unit Price for each such business
      day
      shall be determined by dividing the net asset value of the Ford Stock Fund
      on
      such business day by the number of Ford Stock Fund Units outstanding on such
      business day. Ford Stock Fund Unit Prices shall be determined before giving
      effect to any distribution or withdrawal and before crediting contributions
      to
      members’ accounts effective as of any such business day. Net asset value of the
      Ford Stock Fund shall be computed as follows: 

     

    (i)
        Company stock shall be valued at the closing price on the New York Stock
      Exchange on such business day, or, if no sales were made on that date, at the
      closing price on the next preceding day on which sales were made. 

     

    (ii)
        All other assets of the Ford Stock Fund, including any interest in a
      common, collective or commingled fund, shall be valued at the fair market value
      as of the close of business on the valuation date. Fair market value shall
      be
      determined by the Trustee in the reasonable exercise of its discretion, taking
      into account values supplied by a generally accepted pricing or quotation
      service or quotations furnished by one or more reputable sources, such as
      securities dealers, brokers, or investment bankers, values of comparable
      property, appraisals or other relevant information and, in the case of a common,
      collective or commingled fund, fair market value shall be the unit value of
      such
      fund for a date the same as the valuation date, or as close thereto as
      practicable. 

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (iii)
        Ford Stock Fund Units credited to members’ accounts with respect to
      After-Tax Savings Contributions and Tax-Efficient Savings Contributions
(including
      Catch-Up Contributions) made during any month shall be credited at the Ford
      Stock Fund Unit Price determined as of the close of business on the day that
      such contributions are received by the Trustee. Ford Stock Fund Units withdrawn
      or distributed shall be valued at the Ford Stock Fund Unit Price at the close
      of
      business on the day coinciding with the effective date of such withdrawal or
      distribution. 

     

    (iv)
      Investment transactions, income and any expenses chargeable to the Ford Stock
      Fund will be accounted for on an accrual basis. 

     

    (e)
        Distribution and Withdrawal From Ford Stock Fund 

     

    The
      cash
      value of assets in the Ford Stock Fund shall be distributed to members or may
      be
      withdrawn by members only in accordance with Paragraphs X and XII hereof. All
      distributions and withdrawals shall be in cash, except that a member making
      a
      withdrawal or receiving a distribution may direct the Trustee to make such
      withdrawal or distribution in the form of whole shares of Company stock, based
      on the closing price on the New York Stock Exchange on the effective date of
      such withdrawal or distribution. 

     

    (f)
        Registered Name 

     

    Securities
      held in the Ford Stock Fund may be registered in the name of the Trustee or
      its
      nominee.

     

    (g)
        Commissions Charged to the Plan 

     

    No
      commission shall be charged to the Plan or any trust under the Plan in
      connection with any acquisition by the Plan of Company Stock from the Company,
      whether by cash purchase, exchange, conversion or otherwise. 

     

    (h)
        Exchanges Into or Out of the Ford Stock Fund 

     

    Effective
      June 1, 2000, members may exchange into or out of the Ford Stock Fund no more
      than five (5) times in a calendar month. Effective December 1, 2004, a Member
      may exchange out of the Ford Stock Fund at any time; transfers into the Ford
      stock Fund are limited to five (5) times in a given month.

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