UAW to own 55 percent of Chrysler stock: report

(Reuters) - The United Auto Workers will eventually own 55 percent of stock in a restructured Chrysler under a deal reached by the two, the WSJ reported on Monday.

* Fiat SpA will eventually own 35 percent of a restructured Chrysler - wsj

* Under deal, US government and Chrysler's secured lenders together will own 10 percent of restructured Chrysler -wsj

* Chrysler to pay $4.587 billion note into VEBA under deal -wsj

* Chrysler to pay $300 million in cash into VEBA in 2010 and 2011, and increasing amounts up to $823 million from 2019 to 2023 -wsj

* Under deal, VEBA to own "significant" amount of Chrysler stock, allowed to appoint representative to board -wsj

* Under deal, UAW and Chrysler agree to suspension of cost-of-living adjustments, new limits on overtime pay -wsj

* Under deal, workers to be paid overtime only after they have worked at least 40 hours in a week -wsj

* Chrysler estimates Fiat investment is worth $8 billion, to create 4,000 new UAW jobs in U.S. -wsj

* Fiat agreed to produce at least one small car in a Chrysler plant in the U.S. -wsj