AMENDED DIRECTOR STOCK OPTION AGREEMENT This Amended Director Stock Option Agreement amends and replaces that certain Director Stock Option Agreement between the Company and the Optionee dated June 1,2001 Amcast Industrial Corporation, an Ohio...

Exhibit 10.15

                                     AMCAST
                             INDUSTRIAL CORPORATION

                                     AMENDED
                         DIRECTOR STOCK OPTION AGREEMENT

This Amended  Director Stock Option  Agreement  amends and replaces that certain
Director Stock Option Agreement  between the Company and the Optionee dated June
1,2001

Amcast  Industrial  Corporation,  an Ohio corporation  (the  "Company"),  hereby
grants, under

and pursuant to the  Non-Qualified  Director Stock Option Agreement  between the
Optionee and the Company dated February 16, 2001 (the "Agreement"),  of which is
attached hereto as Appendix A and is incorporated herein by this reference to


Xxxxx X. Xxxx
("Optionee")


Effective the 1st day of June ,2001 (the "date of grant"),  for the purposes set
forth in the Plan,  the right and option to  purchase  250,000,  Two Hundred and
Fifty Thousand Common Shares of the Company  ("Shares") at the purchase price of
$8.80 per Share (the "Option").

The Option granted herein is granted  subject to all the terms and conditions of
the Agreement, including, but not limited to, the following provisions:

1

The Option  shall  expire at the close of business  five years after the date of
grant of the option shares unless sooner terminated or exercised pursuant to the
terms of the Plan;

2

Pursuant to the Agreement,  the option shares shall vest and become  exercisable
as follows:  85,000  shares shall vest and become  exercisable  June 1, 2001, an
additional 82,500 shares shall vest and become exercisable  January 1, 2002, the
remaining 82,500 shares shall vest and become exercisable January 1, 2003,

3

Optionee  shall forfeit all right and interest in any unvested  option shares if
he is not employed by the Company on the vesting date,


4

The option may be exercised at any time up to three years  following the date of
final  vesting of the option  shares  subject  to  Section 6  (Exercise)  of the
Agreement





5. The Option may not be transferred,  assigned, pledged, or hypothecated by the
Optionee during his lifetime.

IN WITNESS WHEREOF,  the Company has executed this Amended Option as of the 17th
day of August, 2001.

                                    AMCAST INDUSTRIAL CORPORATION

                                    By:    /s/ Xxx X. Xxxxxxxx
                                             Xxx X. Xxxxxxxx
                                             Chairman of the Board


(CORPORATE SEAL)


    /s/ Xxxxx X. Xxxx
Secretary



                                              /s/ Xxxxx X. Xxxx
                                         Xxxxx X. Xxxx
                                         Optionee