Amendment to Employment Agreement Between American Axle & Manufacturing Holdings, Inc. and Richard E. Dauch (November 15, 2006)

Summary

This amendment updates the employment agreement between American Axle & Manufacturing Holdings, Inc. and Richard E. Dauch. It adds a provision granting Mr. Dauch and his eligible dependents medical, dental, and vision coverage upon his retirement. The coverage will be substantially equivalent to what is offered to the company's salaried retirees as of December 31, 2007. The amendment is effective as of November 15, 2006 and is signed by both parties.

EX-10.45 2 exhibit10-45.htm EMPLOYMENT AGREEMENT AMENDMENT BETWEEN AMERICAN AXLE & MANUFACTURING HOLDINGS, INC. AND RICHARED E. DAUCH DATED NOVEMBER 15, 2006 Employment Agreement Amendment between American Axle & Manufacturing Holdings, Inc. and Richared E. Dauch dated November 15, 2006

AMENDMENT TO EMPLOYMENT AGREEMENT

AMENDMENT dated as of November 15, 2006 to the Employment Agreement dated as of November 6, 1997 by and between American Axle & Manufacturing Holdings, Inc., a Delaware corporation (the “Company”), and Richard E. Dauch (the “Employee”), as amended (“Employment Agreement”):

Section 3 of the Employment Agreement is hereby amended to add the following paragraph:

(x) Post Retirement Benefits. The Company shall provide the Employee and his eligible dependents with medical, dental and vision coverage upon his retirement from the Company. The terms of such coverage shall be substantially equivalent to the group medical, dental and vision plans offered to American Axle & Manufacturing, Inc. salaried retirees as of 12/31/07.

IN WITNESS WHEREOF, the parties have executed this Amendment to Employment Agreement as of the date above.

AMERICAN AXLE & MANUFACTURING

HOLDINGS, INC

By: /s/ Richard E. Dauch By: /s/ Forest J. Farmer

Richard E. Dauch Forest J. Farmer

Chairman of the Compensation Committee

of the Board of Directors