February 1, 2011 Mr. Richard F. Dauch Bloomfield Hills, Michigan 48304 Re: Severance and Retention Agreement Dear Rick:Accuride Corp • February 1st, 2011 • 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. Please sign the extra copy of this Severance and Retention Agreement (the “Agreement”) which is enclosed and return it to me. This Agreement represents the sole right you have to severance and supersedes all previous discussions regarding severance.
January 14, 2011 Mr. Richard F. Dauch Bloomfield Hills, Michigan 48304 Dear Rick:Accuride Corp • February 1st, 2011 • Motor vehicle parts & accessories • Indiana
We are pleased that you have agreed to join Accuride Corporation (“Accuride” or the “Company”) as its Chief Executive Officer. This letter will set forth our agreement regarding the terms of your employment.
