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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.

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        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.

 
 

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David K. Armstrong
Secretary
Accuride Corporation

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