Document:

exv10wqw8

 

Exhibit 10-Q-8

[FORD LOGO]

World Headquarters, Room 538

One American Road

Dearborn, MI 48126-2798

DATE

Mr./Ms.                     :

     
Pursuant to the 1998 Long-Term Incentive Plan
(the “1998 Plan”), the Compensation Committee approved
a grant
of                     restricted
shares
effective                     .
Accordingly, restricted shares of Ford Common Stock* have been
credited to a book entry account in your name at EquiServe
Trust Company, N. A.

     
The Committee has determined that a
one/two/three-year restriction period should be set for these
shares. These shares are restricted from sale, transfer, or
other disposition
until                     .
At that time, the restrictions will be lifted and, as soon as
practicable thereafter, [an appropriate number of shares will be
withheld to cover any tax liability on the value of the grant at
that time].

     
[Alternatively, in the U. S. you have the option
now to make a “Section 83(b) Election”. This
election allows you to include
the                     value
of the grant in your current earnings and pay taxes now on the
value as compensation. However, future appreciation on the grant
would be taxed as capital gains. If you choose to make this
election, a written confirmation of the election and your tax
payment to the Company must be provided to the Company
by                     .
You should consult with your tax advisor if you would like to
make this election. To obtain a form for this election and
arrange for the tax payments, please contact
                         
at
                         ]

     
The grant of restricted shares is subject to the
terms and conditions of the 1998 Plan.

     
During the restriction period, you are the
stockholder of record of the shares and are entitled to vote the
shares.

     
[Unless you have made a “Section 83(b)
Election”, the Company will report quarterly dividends paid
during the restriction period as W-2 earnings.] Quarterly
dividend payments will be paid, in cash, by EquiServe. [In the
event you would like to change the election on your account,
please contact EquiServe.]

     
If you have any questions regarding your
restricted shares, please call
                    
at
                    .

		
	 	
    Regards,
    
	 
	 	
                        ,
    Executive Director
    
	 	
    Compensation & Benefits
    

Attachment

		
	* 	
    The Fair Market Value of Ford Common Stock
    on                     was
    $                    /share.
    

 

RESTRICTED STOCK AWARD

What is Restricted Stock?

     
Shares of Restricted Stock are actual shares of
Ford Common Stock that are subject to restrictions on the sale
and transfer of the stock for a certain period of time. In the
case of your grant, the restriction period is XXX years
from the date of grant. The stock will be registered in your
name and held in a book entry account at EquiServe, the
Company’s transfer agent. You will have all rights and
privileges of a stockholder during the restriction period,
including the right to vote the Restricted Stock and the right
to receive dividends. The Restricted Stock cannot be sold,
transferred, assigned, pledged, or otherwise encumbered during
the restriction period.

Will I receive dividends on my Restricted
Stock?

     
Under the terms of this program, your dividends
will be paid in cash and sent to you by EquiServe, unless you
contact EquiServe and request dividend reinvestment.

What about Taxes?

     
IThe shares of Restricted Stock will not be
recognized as taxable income at the time the grant is made. At
the time that the stock becomes unrestricted, you will recognize
ordinary income in an amount equal to the fair market value of
the stock at that time. The fair market value of Ford Common
Stock is the average of the highest and lowest prices at which
the Company’s stock is traded on the New York Stock
Exchange on the date the restrictions lapse.J

     
IQuarterly dividends paid during the XXX-year
restriction period will be reported as W-2 earnings.J

     
IAlternatively, for U.S. employees, you have the
option to make a “Section 83(b) Election”. This
election requires you to include the XXX value of this grant in
your current earnings and pay taxes now on the value as
compensation. However, future appreciation on the grant would be
taxed as capital gains. Consult your tax advisor if you have
questions or would like to make this election. If you choose to
make this election, a written confirmation of the election, and
your tax payment to the Company must be provided to the Company
                    
at
                    
by XXXX.J

Are there any other conditions related to the
Restricted Stock?

     
There are several other conditions related to the
Restricted Stock:

			
	 	1) 	
    You must remain an active employee for a period
    of six months following the date of the grant. If you should
    terminate your employment before the six month period expires,
    your grant will automatically be forfeited.
    
	 
	 	2) 	
    If your employment should terminate for any
    reason other than death, you must refrain from engaging in any
    activity that is directly or indirectly in competition with any
    activity of the Company or any subsidiary thereof. In the event
    of nonfulfillment of this condition, your right to receive your
    Restricted Stock Award will be forfeited and cancelled.
    
	 
	 	3) 	
    Your right to receive your Restricted Stock Award
    will terminate if it is determined that you have acted in a
    manner inimical to the best interests of the Company.
    

     
Your Restricted Stock Award is made under the
1998 Long-Term Incentive Plan and is subject to its terms and
conditions.

Compensation & Benefits

XXXXXXX, 2005exv10wqw9

 

Exhibit 10-Q-9

[FORD LOGO]

                    ,
2005

Dear                     ,

     
[In recognition of your outstanding performance
on your 2004 objectives, in
particular                     ,
the Compensation Committee has awarded you [a 2004 performance
bonus to be paid in restricted stock equivalents (RSEs) and] an
award of restricted stock for your 2004 performance.]

     
[The performance bonus RSE award represents a
$          value,
which will be converted to RSEs based on the FMV of Ford Motor
Company Common Stock as
of                     ,
2005. These RSEs are subject to a one-year restriction period
during which time dividend equivalents will be paid. As soon as
practicable
after                     ,
2006, shares of Ford Motor Company Common Stock will be issued
to you for this grant, less shares withheld to cover any tax
liability on the value of the grant.]

     
[The performance-based restricted stock grant
represents a $ value. This restricted stock grant is
subject to a one-year restriction period, during which time
dividends will be paid.]

     
[[In addition,] the Compensation Committee has
elected to grant
you                     shares
of Ford Motor Company Common Stock. This award is for your role
in the Company’s 2004 success and aligns senior
management’s interests with our shareholders.]

     
The actual number of shares for
[the                     ]
grant[s] will be communicated to you in a separate letter the
week
of                     ,
2005. All grants will be subject to the terms and conditions of
the 1998 Long-Term Incentive Compensation Plan.exv10wv

 

Exhibit 10-V

Description of Special 2005

Performance Incentive Arrangement

On March 9, 2005, the Compensation Committee
of the Board of Directors of the Company approved a special
performance bonus arrangement for certain executive officers and
the specific performance goals and business criterion to be used
for purposes of determining cash awards for 2005 under the
arrangement. The Company’s Chief Executive Officer will not
participate in this arrangement. The performance criterion to be
used for 2005 under the plan is achieving total company
specified cost reductions.

Based on business performance results for 2005
against the targeted levels established for the criterion, the
Compensation Committee will determine the percentage of the
target award that is earned, which could range between 0% and
100% depending on actual performance achieved relative to the
target level. In addition, individual awards may be increased or
decreased based on individual leadership and contribution toward
the target to reward a person’s performance.exv10wy

 

(FORD LOGO)

Exhibit 10-Y

Inter Office

		
	 	
    Joe W. Laymon
	 	
    Group Vice President
	 	
    Corporate Human Resources
	 	
    and Labor Affairs

December 9, 2004

To: Allan Gilmour

Subject: Retirement

This letter is to confirm certain arrangements,
approved by the Compensation Committee, related to your proposed
retirement effective February 1, 2005.

			
	 	• 	
    You will retire pending your signature on the
    appropriate separation waiver agreement.
    
	 
	 	• 	
    Consistent with the terms of various Company
    benefit programs for which you are eligible, you agree not to
    enter into any arrangement that would be competitive with Ford
    Motor Company, including subsidiaries. You also agree to
    maintain confidentiality on all matters related to the Company,
    to refrain from litigation against the Company, and to refrain
    from inimical conduct toward the Company, including refraining
    from any disparaging remarks about the Company or its employees,
    or any aspect of its business.
    
	 
	 	• 	
    All restrictions on your outstanding restricted
    stock awards lapse as of February 1, 2005.
    
	 
	 	• 	
    You agree to assist in litigation on the
    Company’s behalf, as requested by the Company, even if
    requested after the effective date of your retirement.
    
	 
	 	• 	
    Additionally, you agree to assist in the transfer
    of operations and responsibilities to Don Leclair, and others to
    be named by the Company, by December 31, 2004, and, except
    as otherwise noted below, you will transfer your
    responsibilities as a member of any board of directors of any
    subsidiaries or affiliates and any charitable boards on which
    you participate on the Company’s behalf, to other
    representatives to be identified by the Company. You will remain
    a member (but as a non-employee member) of the Ford Motor Credit
    Company Advisory Board.
    

Please indicate your acknowledgement of the
arrangements for your retirement as indicated in this letter by
signing below. Attached is a separation waiver agreement for
your signature that should be signed and returned to me.

			
	Acknowledge: 	
              /s/
    Allan Gilmour
    	 

		
	
    
	 

			
	Date:	
              January 28,
    2005

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00079-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00079-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00079-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00079-of-00352.parquet"}]]