STOCK OPTION AGREEMENT UNDER (Nonqualified Option)Stock Option Agreement • March 1st, 2006 • Ford Motor Co • Motor vehicles & passenger car bodies • Michigan
This AGREEMENT made this ___ day of ___________, by and between Ford Motor Company, a Delaware corporation (the "Company"), and «First_MI» «Last_name» (the "Optionee"), WITNESSETH:
Ford Motor CompanyFord Motor Co • March 1st, 2006 • Motor vehicles & passenger car bodies • Michigan
This letter will confirm the agreement (the “Agreement”) regarding the terms and conditions under which you have agreed to provide your personal services as a consultant to Ford Motor Company ("Ford" or the "Company").
STOCK OPTION AGREEMENT UNDER (U.K. Nonqualified Option)Stock Option Agreement • March 1st, 2006 • Ford Motor Co • Motor vehicles & passenger car bodies • Michigan
This AGREEMENT made this ___ day of ___________, by and between Ford Motor Company, a Delaware corporation (the "Company"), and «First_MI» «Last_name» (the "Optionee"), WITNESSETH:
Arrangement between Ford Motor Company and William Clay Ford, Jr. dated February 27, 2006Ford Motor Co • March 1st, 2006 • Motor vehicles & passenger car bodies
On February 27, 2006, the Compensation Committee of Ford's Board of Directors and William Clay Ford, Jr., Ford's Chairman and Chief Executive Officer, agreed to clarify the terms of Mr. Ford's compensation arrangements relating to Mr. Ford's eligibility to receive certain Restricted Stock Equivalents. In March 2005, the Compensation Committee approved an arrangement whereby one-half of the value of Mr. Ford's usual long-term incentive grant (normally a grant of stock options) was replaced with an opportunity to earn up to a target amount of Restricted Stock Equivalents based on his performance during 2005. Since the arrangement began in March 2005, the Committee did not intend that it would be covered by the May 11, 2005, agreement whereby Mr. Ford and the Committee agreed that Mr. Ford would forego any "new" compensation until the Company's Automotive sector has achieved sustainable profitability. Mr. Ford will not take part in any similar program or receive any salary, bonus, or long
