RETYPE ON ACCURIDE STATIONERY AND DATE]Severance and Retention Agreement • March 13th, 2009 • Accuride Corp • Motor vehicle parts & accessories • Indiana
Our Board of Directors believes that it is in the best interests of Accuride Corporation (“Accuride”) and its shareholders to take appropriate steps to allay any concerns you may have about your future employment opportunities with Accuride and its “Affiliates” (as defined in Section 2(f)). Accuride and its Affiliates are collectively referred to in this Agreement as the “Company.” As a result, the Board has decided to offer to you the special package of benefits described below.
ACCURIDE CORPORATION RESTRICTED STOCK UNIT AWARD AGREEMENT ACCURIDE CORPORATION 2005 INCENTIVE AWARD PLANRestricted Stock Unit Award Agreement • March 13th, 2009 • Accuride Corp • Motor vehicle parts & accessories
Effective on the Grant Date, you have been granted the number of Restricted Stock Units indicated above, which entitles you to receive [ ] shares of common stock (the “Stock”) of Accuride Corporation (the “Company”) in accordance with the provisions of this Agreement and the provisions of the Accuride Corporation 2005 Incentive Award Plan (the “Plan”).
FIRST AMENDMENT TO THE ACCURIDE CORPORATION RESTRICTED STOCK UNIT AWARD AGREEMENT FOR THE ACCURIDE CORPORATIONRestricted Stock Unit Award Agreement • March 13th, 2009 • Accuride Corp • Motor vehicle parts & accessories
Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) applies to the Agreement and the Award granted under the Agreement. By this instrument, because the Participant became eligible to terminate employment on account of a Permitted Retirement during the four year vesting schedule set forth in the Agreement, the Company desires to amend the Agreement to comply with the final regulations issued under Section 409A of the Code and to satisfy the documentation requirements of Section 409A of the Code, which are effective as of January 1, 2009.
