Common use of Master Trust Clause in Contracts

Master Trust. After the Transfer Date, the defined benefit plans of Ford Electronics arid Refrigeration, LLC. ("FE&R") may continue to participate in the U.S. Ford Master Trust until the Benefit Transition Date. Visteon shall establish a U.S. Visteon Master Trust no later than the Benefit Transition Date and Ford shall cause the Trustee of the U.S. Ford Master Trust to transfer the assets in such U.S. Ford Master Trust allocable to FE&R's defined benefit plans to the trustee of the U.S. Visteon

Appears in 2 contracts

Sources: Employee Transition Agreement (Visteon Corp), Employee Transition Agreement (Visteon Corp)

Master Trust. After the Transfer Date, the defined benefit plans of Ford Electronics arid Refrigeration, LLC. ("FE&R") may continue to participate in the U.S. Ford Master Trust until the Benefit Transition Date. Visteon shall establish a U.S. Visteon Master Trust no later than the Benefit Transition Date and Ford shall cause the Trustee of the U.S. Ford Master Trust to transfer the assets in such U.S. Ford Master Trust allocable to FE&R's defined benefit plans to the trustee of the U.S. VisteonVisteon <PAGE> 16

Appears in 1 contract

Sources: Employee Transition Agreement