Visteon (VC) 10-Q2009 Q2 Quarterly report

Filed: 6 Aug 09, 12:00am

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New words: adequacy, administered, AICPA, al, Alabama, ASC, ascribed, assigned, assignment, attract, authoritative, balloting, budget, caption, CaseNo, caution, Christopher, Codification, Codificationand, compromise, confirm, confirmable, confirmation, confirmed, consensual, consummate, consummation, contemplated, Contemporaneously, critical, dealing, delivered, diminution, DIP, discriminate, disputed, dissenting, distinguish, duration, employed, estate, exclusively, executory, feasible, focusing, Forint, found, FSB, FSPNo, fulfilling, Halla, hereinafter, holder, honor, Honorable, Hungarian, imposition, intention, jeopardized, jointly, junior, jurisdiction, lender, long, lose, lump, ordinary, pendency, petition, pooling, prepetition, prolonged, prosecute, prosecuted, rejection, relying, repaid, requisite, size, soliciting, Sontchi, SOP, stay, Stipulation, successful, successfully, sudden, temporary, TheFASB, therewith, timeframe, unclear, undisputed, unfairly, vendor, vi, viable, vii

Removed: acceleration, aforementioned, audit, audited, bad, Bank, base, Brazil, breach, Canada, categorization, Centre, commenced, comprising, conduct, convert, converting, covenant, credited, cure, dated, depend, descriptive, Deutsche, disclose, earned, embedded, Emerging, equivalent, evaluate, examination, expiration, extend, failure, fall, Fitch, France, Germany, guarantor, holding, hourly, Hungary, incurrence, indenture, India, input, intangible, inventory, lead, limit, Linamar, mandatory, marketing, Moody, NA, obligated, obtained, occurrence, October, outlook, page, paid, payable, pledge, Portugal, prepayment, purpose, rating, real, recent, registration, reimburse, repay, Republic, restricting, restrictive, retained, review, security, separated, Servicing, SGL, simultaneously, steering, subordinated, tangible, Task, taxing, transact, transfer, transferred, twelve, unit, violate

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Exhibit 10.5

Amendment to
Visteon Corporation Non-Employee Director Stock Unit Plan

June 10, 2009

Section 4(a) of the Visteon Corporation Non-Employee Director Stock Unit Plan is amended to add the following paragraph to the end thereof:

“Grants under this section 4(a) shall be suspended effective as of the date of the 2009 Annual Meeting of the Company’s Stockholders and thereafter unless the Plan is otherwise amended in accordance with section 11.”