AND RICHARD F. DAUCH DATED MAY 14, 2007
AGREEMENT
This Agreement dated as of May 14, 2007, by and between Richard F. Dauch ("Associate") and American Axle & Manufacturing, Inc. (the "Company").
WHEREAS, Associate is an executive officer and employee of the Company with the title of Executive Vice President-Worldwide Manufacturing, and has indicated his intention to seek employment outside the
Company.
WHEREAS, Associate and the Company intend for an amicable separation of employment as described herein.
NOW, THEREFORE, in consideration of the mutual covenants set forth herein, intending to be legally bound, the parties agree as follows:
1. Effective June 1, 2007, Associate will be assigned to an executive-level, non-officer position of Special Advisor to the President, reporting to
the Company's President & Chief Operation Officer ("COO"). Associate's primary responsibilities will be to represent the President & COO and the Company on labor and industrial relations matters and will also include handling
such other matters assigned to him by the President & COO. Associate will devote his full business time and efforts to his duties as Special Adviser to the President, subject to Associate's right to spend a reasonable amount of time to seeking outside
employment. During his employment hereunder, Associate shall continue to be paid salary at the rate in effect as of the date hereof.
2. Associate's assignment as Special Advisor to the President will continue until the earlier of the date on which the Associate finds outside
employment or on May 31, 2008, whichever is sooner, at which time Associate's employment with the Company will be terminated. Up ...
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