Amendment No. 2 to the 1998 Stock Purchase and Option Plan for Employees of Accuride Corporation and Subsidiaries
This amendment updates the 1998 Stock Purchase and Option Plan for employees of Accuride Corporation and its subsidiaries. It changes the number of shares available for grants under the plan to 3,247 shares of authorized common stock. Shares that are forfeited, terminated, canceled, or expire unexercised will become available for new grants, unless restricted by law. The amendment was adopted by Accuride's Board of Directors and certified by the company's secretary.
QuickLinks -- Click here to rapidly navigate through this document
Exhibit 10.1
AMENDMENT NO. 2 TO THE 1998 STOCK PURCHASE AND OPTION PLAN
FOR EMPLOYEES OF ACCURIDE CORPORATION AND SUBSIDIARIES
This AMENDMENT NO. 2 TO THE 1998 STOCK PURCHASE AND OPTION PLAN FOR EMPLOYEES OF ACCURIDE CORPORATION AND SUBSIDIARIES (the "Amendment"), dated as of May 28, 2002, amends the 1998 STOCK PURCHASE AND OPTION PLAN FOR EMPLOYEES OF ACCURIDE CORPORATION AND SUBSIDIARIES (the "Plan") originally dated as of January 21, 1998.
RECITALS
WHEREAS, capitalized terms used herein but not defined shall have the respective meanings given them in the Plan.
NOW, THEREFORE, in consideration of the foregoing, and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, Section 6(a) of the Plan is hereby amended as follows:
(a) The number of Shares available for Grants under this Plan shall be 3,247 shares of the authorized Common Stock as of the effective date of the Plan. Unless restricted by applicable law, Shares related to Grants that are forfeited, terminated, canceled or expire unexercised, shall immediately become available for Grants.
I hereby certify that the foregoing Amendment was duly adopted by the Board of Directors of Accuride effective May 28, 2002.
Executed on this day of , 2002.
David K. Armstrong Secretary Accuride Corporation |
QuickLinks
