waiver agreement

Forbearance Agreement

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This Forbearance Agreement involves

FORD MOTOR CO

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Title: waiver agreement
Date: 3/10/2005
Industry: Auto and Truck Manufacturers Sector: Consumer Cyclical

waiver agreement, Parties: ford motor co

(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 dispa

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