AGREEMENT*
THIS AGREEMENT dated this 17th day of February 1997, by and between
American Axle & Manufacturing, Inc. ("AAM") and General Motors Corporation
("GM").
NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties, intending to be
legally bound, hereby mutually agree as follows:
1. Commencing thirty (30) days after the effective date of the *** agreement
and on the same date of each month thereafter, GM will pay AAM the
following amount:
***
2. GM hereby agrees to the price increases for the 96-01 program as set forth
in the December 13, 1996, letter from Xxxxx X. Xxxxx to Xxxxxx Xxxx.
IN WITNESS WHEREOF, and intending to be legally bound, the parties hereto
have caused this Agreement to be executed on the date first set forth above.
WITNESS: American Axle & Manufacturing, Inc.
/s/ Xxxxxxx X. Xxxxxxxxx By:/s/ Xxxxxxx X. Xxxxx
------------------------ --------------------
Title: President - C.E.O.
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WITNESS: General Motors Corporation
/s/ Xxxxxxxxxxx X. Xxxxx By: /s/ Xxxx Xxxxxx
------------------------ -------------------
Title: Exec. Dir. WWP
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----------------
* Portions of this Exhibit 10.05 were omitted and filed separately with the
Secretary of the Securities and Exchange Commission (the "Commission")
pursuant to an application for confidential treatment filed with the
Commission pursuant to Rule 406 under the Secruities Act of 1933, as
amended. Such portions are marked by the symbol "***".
