EXHIBIT 10.9

FORM OF EXECUTIVE OFFICER CHANGE OF CONTROL AGREEMENT

(Addressee)

Re:    Executive Officer Change Of Control Agreement

Dear (Addressee):

This letter agreement (the “Agreement”) sets forth the extent to which benefits
will be provided to you in the event of termination, under certain circumstances
after a “Change of Control” (as defined below), of your employment with AK Steel
Corporation (the “Company”), AK Steel Holding Corporation (“Holding”) or any of
their respective subsidiaries, affiliates, or successors (hereinafter
collectively referred to as “AKS”). It further sets forth your obligations and
commitments in exchange for continued employment with AKS, the compensation and
benefits you receive during such employment, and the promise and/or receipt of
severance benefits if your employment terminates under certain circumstances. It
establishes time limits for asserting certain claims under this Agreement or
arising out of your employment relationship with AKS. It also requires that
certain claims be resolved through arbitration rather than through litigation.
This Agreement is not, however, an employment agreement and nothing in this
Agreement shall be construed as a contract or promise of continued employment
with AKS. As an “at-will” employee, your employment may be terminated by you or
AKS at any time.
    
A.    Effective Date; Term; Renewal. This Agreement is effective as of [______,
20___] (the “Effective Date”). Except for the Severance Agreement between you
and AKS dated [ _______ 20____](“Severance Agreement”), this Agreement
supercedes any other severance agreement between you and AKS, and any severance
plan, arrangement, policy or practice of AKS. The term of this Agreement shall
be the _______ year period beginning on the Effective Date and ending on the
    ______ anniversary of the Effective Date [for the CEO and certain other
Executive Officers who entered into their initial Change-of-Control Agreement
more than five years ago - the term is one year; for Executive Officers who
entered into their initial Change-of-Control Agreement less than five years ago
- the term is equal to the balance of their original five year term; for
Executive Officers entering a Change-of-Control Agreement for the first time,
the term of the Agreement is 5 years]. This Agreement shall be automatically
renewed annually thereafter for a renewal period of one year, unless written
notice of non-renewal is given by you or by AKS at least ninety days prior to
the expiration of the term, including any renewal periods. Notwithstanding the
expiration of this Agreement, Sections H, I and J (including Exhibit A) shall
continue to be effective to the extent and as stated therein.

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B.    Date of Termination; Notice Period; Severance Pay Period. The date upon
which the termination of your employment becomes effective is referred to in
this Agreement as your “Date of Termination.” The period between the date a
party provides notice of termination under this Agreement and the Date of
Termination is referred to as the “Notice Period.” AKS may relieve you of your
employment duties at any time during a Notice Period; provided however, during
any Notice Period, you shall continue to receive your full salary and Employment
Benefits (as defined in Section G(2) below). The period of time after your Date
of Termination equal to the number of months of base salary paid to you under
this Agreement as severance benefits is referred to as the “Severance Pay
Period.”

C.    Circumstances of Termination Covered by this Agreement. While the
Severance Agreement applies to the termination of your employment with AKS under
certain circumstances not involving a Change of Control, this Agreement applies
to the termination of your employment with AKS under the following circumstances
after a Change of Control:

1.    Involuntary Termination without Cause. AKS may terminate your employment
without Cause at any time upon written notice given to you by AKS not less than
thirty days prior to the Date of Termination.

2.    Involuntary Termination for Cause. AKS may terminate your employment for
Cause, but only upon written notice specifying the facts or circumstances
constituting such Cause, which notice may be given on or any time prior to the
Date of Termination. Any of the following circumstances shall constitute “Cause”
for purposes of this Agreement: (a) you are convicted of, or enter a plea of
guilty or nolo contendere, to a misdemeanor involving moral turpitude or to a
felony, (b) you engage in fraud, misappropriation or embezzlement with respect
to AKS, (c) your willful failure, gross negligence or gross misconduct in the
performance of your assigned duties for AKS, or (d) your breach of a fiduciary
duty to AKS.

3.    Voluntary Termination for Good Reason. Subject to the right of AKS to cure
(as described more fully below), you may voluntarily terminate your employment
for Good Reason upon written notice specifying the facts or circumstances
constituting such Good Reason given to AKS by you at least thirty days prior to
the Date of Termination and not more than sixty days following the occurrence of
the circumstances constituting such Good Reason. For purposes of this Agreement
the term “Good Reason” shall mean the occurrence, without your express written
consent, of any of the following circumstances:

a.    the assignment to you by AKS of any duties inconsistent with your
qualifications to perform such duties or a demotion from your status as an
executive officer of the Company;

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b.    the diminution of your job responsibilities, authorities, title, position,
or reporting relationships as they exist immediately prior to the Change of
Control;

c.    a reduction by AKS in your annual base salary. If you give timely notice
of Voluntary Termination for Good Reason pursuant to this Section C(3) within
sixty days of your receipt of notice of such base salary reduction, then the
reduction shall cease to be effective as of the date of your notice and your
severance benefits under Section E, below, will be calculated as if no such
reduction had occurred. If you fail to give timely notice within sixty days of
your receipt of notice of such base salary reduction, then you waive your right
to use the reduction as a basis for Voluntary Termination for Good Reason;

d.    a requirement by AKS that you be based anywhere other than the principal
executive offices of the Company as they exist immediately prior to the Change
of Control, except for required travel on AKS business to an extent
substantially consistent with customary business travel obligations;

e.    the failure of AKS to pay to you any portion of your compensation within
seven calendar days of the date such compensation is due if, after you provided
written notice of such non-payment to AKS, AKS failed to cure the non-payment
within five calendar days of receipt of your notice;

f.    the failure of AKS to continue in effect any compensation plan, including
but not limited to the [AK Steel Corporation Executive Minimum and Supplemental
Retirement Plan (“SERP”) or the AK Steel Corporation Executive Retirement Income
Plan (“ERIP”)], in which you participated immediately prior to such Change of
Control which was material to your total compensation, unless an equitable
arrangement has been made for you to participate in a substitute or alternative
plan on a basis not materially less favorable to you, both in terms of the
amount of benefits provided and the level of your participation relative to
other participants, than that existing immediately prior to such Change of
Control;

g.    any material reduction in your [SERP or ERIP] benefits, or in your
Employment Benefits except to the extent permitted by Section G(2);

h.    the failure of AKS to obtain a satisfactory agreement from any successor
corporation to assume and agree to perform this Agreement, as contemplated in
Section J(3); or

i.    a failure by AKS to give proper notice or otherwise comply with the
procedural requirements for Involuntary Termination without Cause in compliance
with the provisions of Section C(1), above.

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During the Notice Period following your notice of Voluntary Termination for Good
Reason, your base salary and Employment Benefits shall be the same as in effect
prior to the occurrence of the circumstances constituting such Good Reason,
subject to the right of AKS to make changes to your Employment Benefits to the
extent permitted by Section G(2), below. If at any time during the Notice
Period, AKS cures the circumstances specified by you in the notice of
termination as constituting Good Reason, then your right to continue with a
Voluntary Termination for Good Reason shall cease.

4.    Voluntary Termination. You may voluntarily terminate your employment
without Good Reason upon written notice given to AKS by you not less than thirty
days prior to the Date of Termination.

D.    Circumstances of Termination Not Covered by this Agreement. This Agreement
does not provide severance benefits for, nor, as the case may be, affect the
benefits you otherwise may receive outside of this Agreement in connection with
the termination of your employment with AKS for reasons relating to: (1) your
early or normal retirement from AKS under the terms of any tax-qualified
“pension benefit plan” as defined in the Employee Retirement Income Security Act
of 1974, as amended (“ERISA”); (2) your retirement from AKS under any mandatory
retirement policy applicable to executive officers of AKS; (3) your total and
permanent disability under the AKS long-term disability plan or policy; or (4)
your death. Nothing in this Agreement shall affect your rights under any such
“pension benefit plan”; any “welfare benefit plan” as defined in ERISA,
including but not limited to any medical, surgical, hospitalization, or
long-term disability benefits; or any non-qualified pension or deferred
compensation plan or arrangement.

E.    Severance Benefits.

1.    Basic Severance Benefits. If within twenty-four months after a Change of
Control your employment with AKS is involuntarily terminated without Cause by
AKS pursuant to Section C(1) or you voluntarily terminate your employment for
Good Reason pursuant to Section C(3), AKS will pay you, regardless of whether or
not you execute a Release of Claims (as defined in Section E(2) below),
severance pay equal to your base salary for a period of six months from your
Date of Termination. The aggregate of such severance pay shall be paid to you in
a single, undiscounted lump sum payment within ten days following your Date of
Termination.

2.    Supplemental Severance Benefits. If within twenty-four months after a
Change of Control your employment with AKS is involuntarily terminated without
Cause by AKS pursuant to Section C(1) or you voluntarily terminate your
employment for Good Reason pursuant to Section C(3), and you execute and provide
to AKS within sixty days after your Date of Termination a complete, full and
effective (i.e. no longer revocable) release of all claims against AKS that is
in a form reasonable and customary (“Release of Claims”), then you shall be
entitled, in addition to the severance pay provided under Section E(1) above, to
the following supplemental benefits:

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a.    Additional Base Salary. Severance pay based upon your base salary shall be
paid for an additional _______ [for all Executive Officers, including the CEO -
eighteen] months beyond the period paid pursuant to Section E(1). Such
additional base salary payable as severance shall be paid to you in a single,
undiscounted lump sum payment within ten days after the effective date of your
Release of Claims; provided however, if such payment could be made in more than
one taxable year depending on when you sign the Release of Claims, the ten-day
limit for payment does not apply; under such circumstances, payment still will
be made within 70 days of your Date of Termination, but payment automatically
will be made as soon as administratively feasible in the later taxable year
regardless of when you sign the Release of Claims, but in no event after March
15th of such later taxable year.

b.    MIP Payment. You will receive a lump-sum payment equal to _____ [for all
Executive Officers, including the CEO - two] times the greatest of:

i.    your assigned target amount under the AK Steel Corporation Annual
Management Incentive Plan (“MIP”) for the calendar year in which your Date of
Termination occurs;

ii.    the amount paid (or payable) to you under the MIP for the calendar year
immediately preceding the calendar year in which your Date of Termination
occurs; or

iii.    the average of the amounts paid (or payable) to you under the MIP for
each of the three calendar years immediately preceding the calendar year in
which your Date of Termination occurs;

less any amount otherwise paid (or payable) to you under the MIP with respect to
the calendar year immediately preceding the calendar year in which your Date of
Termination occurs; plus your assigned maximum amount under the MIP for the year
in which your Date of Termination occurs prorated based on your employment
period during such year. Payment of this lump sum amount will be made within ten
days after the effective date of your Release of Claims; provided however, if
such payment could be made in more than one taxable year depending on when you
sign the Release of Claims, the ten-day limit for payment does not apply; under
such circumstances, payment still will be made within 70 days of your Date of
Termination, but payment automatically will be made as soon as administratively
feasible in the later taxable year regardless of when you sign the Release of
Claims, but in no event after March 15th of such later taxable year.

c.    LTPP Payment. You will receive a lump-sum payment equal to the bonus
payment with respect to any completed performance period under the AK Steel
Corporation Long-Term Performance Plan

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(“LTPP”) that has not been paid as of your Date of Termination (which amount
shall not be less than it would be if calculated at your assigned target amount
under the LTPP for such performance period), plus a prorated amount of the bonus
payment with respect to any incomplete performance period calculated at your
assigned target amount under the LTPP for each such performance period. Payment
of this lump sum amount will be made within ten days after the effective date of
your Release of Claims; provided however, if such payment could be made in more
than one taxable year depending on when you sign the Release of Claims, the
ten-day limit for payment does not apply; under such circumstances, payment
still will be made within 70 days of your Date of Termination, but payment
automatically will be made as soon as administratively feasible in the later
taxable year regardless of when you sign the Release of Claims, but in no event
after March 15th of such later taxable year.

d.    Accelerated Vesting. Notwithstanding any provision to the contrary in the
AK Steel Holding Corporation Stock Incentive Plan as amended or any other
similar plan of the Company or Holding (each, a “Plan”), or under the terms of
any grant, award agreement or form for exercising any right under the Plan, you
shall have the right:

i.    to exercise any stock option awarded to you under the Plan without regard
to any waiting period required by the Plan or award agreement (but subject to a
minimum six month holding period from the date of award and any restrictions
imposed by law) from the effective date of the Release of Claims until the first
to occur of the third anniversary of your Date of Termination or the date the
award expires by its terms; and

ii.    to the absolute ownership of any shares of stock granted to you under the
Plan, free of any restriction on your right to transfer or otherwise dispose of
the shares (but subject to a minimum six month holding period from the date of
grant and any restrictions imposed by law), regardless of whether entitlement to
the shares is contingent or absolute by the terms of the grant; and AKS shall
take such action as soon as practicable after the effective date of the Release
of Claims as is necessary or appropriate to eliminate any restriction on your
ownership of, or your right to sell or assign, any such shares; or, at its
option, AKS shall pay you, in exchange for such shares, at the same time as any
payments under Sections E(2)(a), (b) or (c), an amount in cash equal to the
greatest aggregate market value of such shares during the Notice Period.

You agree that for a period of six months after your Date of Termination you
will continue to comply with all AKS policies and directives related to trading
in Holding stock which were in effect prior to your notice of termination. You
shall not be automatically subject to blackouts or other directives related to
trading imposed after your Date of Termination, but you shall be subject to any
limitations on trading

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during that time imposed by law, including but not limited to prohibitions with
respect to insider trading and short swing profits.

e.    Employment Benefits. During the Severance Pay Period, your Employment
Benefits (as defined in Section G(2)) shall continue; provided, however, that
you shall not:

i.    accumulate vacation pay for periods after the Date of Termination;

ii.    qualify during the Severance Pay Period for sickness and accident, salary
continuation, and long-term disability plan benefits if you were not eligible
for these benefits on the Date of Termination;

iii.    be eligible to continue to make contributions to any Internal Revenue
Code § 401(k) plan maintained by AKS or qualify for a share of any employer
contribution made to any tax-qualified defined contribution plan; or

iv.    be eligible to accumulate service for pension plan purposes; and

provided, further, that if, during the Severance Pay Period, you are eligible to
receive life insurance, medical, hospital and other health insurance benefits
(“Life and Health Insurance”) either based upon employment with another employer
or based upon benefits available to you as a retiree of another employer, the
obligations of AKS to continue to provide you with Life and Health Insurance
shall be limited solely to those benefits necessary to assure that, together
with the corresponding benefits provided to you under any other plans, you
receive total benefits comparable to those to which you were entitled at the
Date of Termination. You must report to the Vice President, Human Resources of
the Company your eligibility for another employer's active or retiree Life and
Health Insurance within ten days after becoming eligible.

Notwithstanding the provisions of Section G(2), if during the Severance Pay
Period, Life and Health Insurance benefits to which you are entitled hereunder
are modified or changed, AKS, or its successor, shall provide to you comparable
substitute or supplemental Life and Health Insurance benefits, and/or pay to you
during the Severance Pay Period such additional amounts as necessary for you to
obtain such substitute or supplemental benefits, so that you receive total Life
and Health Insurance benefits during the Severance Pay Period that are
comparable to those to which you were entitled at the Date of Termination.

f.    COBRA. You shall qualify for full COBRA health benefit continuation
coverage upon the expiration of the Severance Pay Period.

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g.    Service Credits for Retiree Medical. In determining your eligibility for
retiree medical insurance coverage under any retiree medical plan generally
available to retired salaried employees of AKS as in effect on your Date of
Termination, you shall receive credit for ____ [for all Executive Officers,
including the CEO - two] years of service in addition to your actual years of
service with AKS.

3.    Mitigation. You shall not be required to mitigate the amount of any
payment provided for in this Section E by seeking other employment or otherwise,
nor shall the amount of any such payment or benefits be reduced by any
compensation or benefits earned by you as the result of employment by another
employer (except as expressly provided in Section E(2)(e) above) or by
retirement benefits, or be offset against any amount claimed to be owed by you
to AKS.

4.    Deferrals. For purposes of calculating any amount due under this
Agreement, the effect of any deferral of income shall be disregarded and all
sums due shall be calculated as if no such deferral had been made.

5.    No Duplication of Benefits. You shall not be entitled to severance
benefits both under this Agreement and under the Severance Agreement in
connection with the termination of your employment with AKS.

6.    Involuntary Termination for Cause; Voluntary Termination. In the event
your employment with AKS ends as a result of involuntary termination for Cause
pursuant to Section C(2) or voluntary termination pursuant to Section C(4), you
shall not be entitled to any benefits under this Agreement, but you nevertheless
shall be eligible for any benefits provided in accordance with the plans and
practices which apply to employees generally.

7.    Six-Month Delay of Payment. Notwithstanding any provision of this
Agreement to the contrary, if as of your Termination Date you are a “specified
employee” within the meaning of Section 409A of the Internal Revenue Code of
1986, as amended (the “Code”), no benefit hereunder that is payable to you due
to your voluntary termination pursuant to Sections C(3) or C(4) shall be paid to
you prior to the earlier of: (i) the expiration of the six-month period
commencing on your Date of Termination or (ii) your death. You shall be entitled
to interest on such delayed payment for such six-month period (or shorter period
as the case may be), accrued at the average prime rate in effect during such
period of delay, which shall be added to your benefit payable under the Plan.
The average prime rate of interest for this purpose shall be the average over
such period of the daily prime rate of interest published by the Fifth Third
Bank, Cincinnati, Ohio or its successors.

F.    Certain Reduction of Payments.
1.    Purpose of Reduction. Notwithstanding anything contained in this Agreement
to the contrary, to the extent that the payments and benefits provided under
this Agreement (such payments or benefits under this Agreement are collectively
referred to in this Section F as the “Payments”), and any payments and benefits
provided to you or for your benefit under any other AKS plan or agreement, would
be subject to the excise tax (the

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“Excise Tax”) imposed under section 4999 of the Code, the Payments shall not
exceed the amount necessary to maximize the amount receivable by you after
payment of all employment, income and excise taxes imposed on you with respect
to the Payments (any such reduced amount is hereinafter referred to as the
“Limited Payment Amount”). Unless you shall have given prior written notice
specifying a different order to AKS to effectuate the Limited Payment Amount,
AKS shall reduce or eliminate the Payments, by first reducing or eliminating
those Payments which are not payable in cash and then by reducing or eliminating
cash Payments, in each case in reverse order beginning with Payments which are
to be paid the farthest in time from the Determination (as defined in (2)
below).

2.    Determination of Reduction. An initial determination as to whether the
Payments shall be reduced to the Limited Payment Amount pursuant to the
Agreement and the amount of such Limited Payment Amount shall be made by an
accounting firm selected by AKS (the “Accounting Firm”) and at AKS’s expense.
The Accounting Firm shall provide its determination (the “Determination”),
together with detailed supporting calculations and documentation to AKS and you
within five days of your Date of Termination if applicable, or such other time
as requested by AKS or by you (provided you reasonably believe that any of the
Payments may be subject to the Excise Tax), and if the Accounting Firm
determines that no Excise Tax is payable by you with respect to a Payment or
Payments, it shall furnish you with an opinion reasonably acceptable to you that
no Excise Tax will be imposed with respect to any such Payment or Payments.
Within ten days of the delivery of the Determination to you, you shall have the
right to dispute the Determination (the “Dispute”). If there is no Dispute, the
Determination shall be binding, final and conclusive upon AKS and you subject to
the application of (3) below.

3.    Adjustments. As a result of the uncertainty in the application of sections
4999 and 280G of the Code, it is possible that the Payments to be made to you,
or provided for your benefit, either have been made or will not be made by AKS
which, in either case, will be inconsistent with the limitations provided in
Section F(1) (hereinafter referred to as an “Excess Payment” or “Underpayment,”
respectively). If it is established pursuant to a final determination of a court
or an Internal Revenue Service (the “IRS”) proceeding which has been finally and
conclusively resolved, that an Excess Payment has been made, such Excess Payment
shall be deemed for all purposes to be a loan to you made on the date you
received the Excess Payment and you shall repay the Excess Payment to AKS on
demand (but not less than ten days after written notice is received by you)
together with interest on the Excess Payment at the “Applicable Federal Rate”
(as defined in section 1274(d) of the Code) from the date of your receipt of
such Excess Payment until the date of such repayment. In the event that it is
determined by (a) the Accounting Firm, AKS or the IRS, (b) pursuant to a
determination by a court, or (c) upon the resolution to your satisfaction of the
Dispute, that an Underpayment has occurred, AKS shall pay an amount equal to the
Underpayment to you within ten days of such determination or resolution together
with interest on such amount at the Applicable Federal Rate from the date such
amount would have been paid to you until the date of payment.

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G.     Definitions. For purposes of this Agreement, the following terms shall
have the following meanings:

1.    “Affiliate” of any specified entity means (a) any other entity which,
directly or indirectly, is in control of, is controlled by, or is under common
control with, such specified entity, or (b) any other person who is a director
or officer of such specified entity, or of any subsidiary of such specified
entity or of any entity described in clause (a) above. For purposes of this
definition, control of a person or entity means the power, direct or indirect,
to direct or cause the direction of the management and policies of such person
or entity whether by contract or otherwise and the terms "controlling" and
"controlled" have meanings correlative to the foregoing.

2.    “Employment Benefits” means the employee benefit plans, policies, fringe
benefits, and practices of AKS (excluding any severance policies and practices
other than this Agreement) that generally apply to executive officers of AKS in
accordance with the terms thereof as they may be amended from time to time. It
is expressly understood and agreed that the AK Steel Corporation Executive
Minimum and Supplemental Retirement Plan is not an Employment Benefit as defined
in this section. Subject to Section E(2)(e) with respect to Life and Health
Insurance, your Employment Benefits may be modified from time to time after the
date hereof without violation of this Agreement if the changes apply generally
to other members of management of AKS.

3.    “Change of Control” means the occurrence of any of the following events:

a.    any “Person” (as such term is used in Sections 13(d) and 14(d) of the
Securities Exchange Act of 1934, as amended (the “Exchange Act”), is or becomes
the beneficial owner (as defined in Rules 13d-3 and 13d-5 under the Exchange
Act, except that a Person shall be deemed to have “beneficial ownership” of all
shares that any such Person has the right to acquire, whether such right is
exercisable immediately or only after the passage of time), directly or
indirectly, of more than 40% of the total voting power of the Voting Equity
Interests of Holding; provided, however, that a Person shall not be deemed the
“beneficial owner” of shares tendered pursuant to a tender or exchange offer
made by that Person or any Affiliate of that Person until the tendered shares
are accepted for purchase or exchange;

b.    during any period of two consecutive years, individuals who at the
beginning of such period constituted the Board of Directors of Holding (together
with any new directors whose election by such Board, or whose nomination for
election by the shareholders of Holding, as the case may be, was approved by a
vote of 66-2/3% of the directors then still in office who were either directors
at the beginning of such period or whose election or nomination for election was
previously so approved) cease for any reason to constitute a majority of such
Board then in office; or

c.    Holding fails to own 100% of the outstanding stock of the Company;
provided, however, that it shall not be deemed a Change of Control if Holding
merges into the Company except that, in such

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case, the Company shall be substituted for Holding for purposes of this
definition of “Change of Control” and this clause (c) shall not longer be
applicable.

4.    “Voting Equity Interests” of a corporation means all classes of stock then
outstanding and normally entitled to vote in the election of directors or other
governing body of such corporation.

H.
Executive Responsibilities.

1.    Confidentiality. During your employment with AKS and subsequent to the
termination of that employment for any reason, you will not disclose to any
person or use for the benefit of yourself or any other person or entity any
trade secret, proprietary or other confidential information of AKS (hereinafter
referred to as “AKS Confidential Information”) without the prior written consent
of the Vice President, Human Resources of the Company. Upon termination of your
employment with AKS for any reason, you will immediately deliver to AKS any and
all AKS Confidential Information which you have in your possession or control in
tangible form. For purposes of this Section H, it is expressly understood and
agreed that the term AKS Confidential Information shall include, but not be
limited to, all information not already in the public domain relating to AKS
operating practices and procedures, customer lists, product marketing, sales,
sales prices, costs, margins, discounts, rebates, profits, shipments, product
mix, research, technical support, business plans and operating results. You will
deliver this AKS Confidential Information to AKS in whatever format in which you
have it, including but not limited to paper, email or other electronic storage
media. You will also deliver to AKS any and all AKS property, including but not
limited to, company credit cards, property access keys and cards, planners, day
books, customer lists, laboratory notebooks, cellular phones, computers,
software, and other electronic devices. You agree that you remain bound by the
Employee Invention and Confidential Information Agreement which you executed.

2.    Restrictive Covenants. In exchange for AKS’s agreement to provide you with
the severance benefits opportunities set out in this Agreement (including, in
particular, the opportunity to receive the severance pay set out at Section E(1)
of this Agreement) and the compensation provided to you as an executive officer,
you agree that, during your employment at AKS and for a period of one year
following the termination of your employment with AKS for any reason, you will
not, directly or indirectly, do any of the following:

a.     serve as an employee, employer, consultant, agent, principal, partner,
owner, officer or director of any business engaged directly or indirectly in
competition with AKS, including but not limited to a business engaged in the
research, development, manufacturing, marketing, or sale of carbon, electrical
or stainless steel, steel pipe or tubing products, or any other metal or
non-metal products that are competitive with AKS products, or that has an intent
or plan to engage in such business during the one-year period following the date
when your employment with AKS terminates; or

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b.    solicit or communicate with, any customer or supplier of AKS with whom you
had any contact during the 24 months prior to the termination of your employment
with AKS, for the purpose of diverting AKS business or otherwise competing with
AKS for your benefit or the benefit of another entity for which you serve as an
employee, employer, consultant, agent, principal, partner, owner, officer or
director; or

c.    utilize or disclose any trade secret, proprietary or other confidential
information of AKS, except in furtherance of your duties for AKS; or

d.    solicit, cause or encourage any employee of AKS to resign his or her
employment with AKS.

3.    Injunctive Relief. You recognize and acknowledge that your involvement in
decision making processes which involve AKS’s proprietary and confidential
information and your access to confidential competitive information will be such
that, in the event of a breach of the Confidentiality (Section H(1)) or
Restrictive Covenants (Section H(2)) provisions of this Agreement, monetary
damages would be an insufficient remedy for AKS, and that AKS would be entitled
to injunctive relief in the appropriate court to restrain the breach and
otherwise enforce these provisions without proof of actual damages. You further
agree that these provisions will be governed by Ohio law both as to
interpretation and performance. Any action or other legal proceeding under these
provisions or any action or legal proceeding regarding the enforceability of
these provisions will be brought exclusively in an appropriate court of
competent jurisdiction located in Butler County, Ohio (if the action is brought
in state court), or in the Southern District of Ohio (if such action is brought
in federal court)..

4.    Non-Solicitation. During your employment at AKS and for a period of five
years following the termination of your employment with AKS for any reason, you
agree that you will not solicit directly or cause or encourage another person or
entity to solicit any employee of AKS for employment by any entity which is
engaged directly or indirectly in the melting, hot rolling, cold rolling, or
coating of carbon, electrical or stainless steel, or in the manufacturing of
steel pipe and tubing products or that is reasonably likely to engage in such
business during the one year period following your termination of employment.

5.    Non-Disparagement. You agree that, during your employment with AKS and for
a period of one year subsequent to the termination of that employment for any
reason, you will not disparage AKS, its operations, products, employees,
officers, or directors.

6.    Conflicts of Interest. You agree for so long as you are employed by AKS to
avoid dealings and situations which would create a conflict of interest with
AKS. In this regard, you agree to comply with all AKS policies regarding
conflicts of interest. You further agree to immediately report to the Vice
President, Human Resources of the Company, any conflict or potential conflict of
interest with AKS.

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7.    Cooperation. For a period of one year following your Date of Termination,
you agree to cooperate in good faith with AKS with respect to pending or
potential claims or litigation involving AKS as to which you have personal
knowledge. Such cooperation shall include meeting with AKS and its
representatives, upon reasonable request, for purposes of (a) providing
information based upon your personal knowledge in connection with any
investigation by AKS, and (b) preparing for and providing deposition and/or
trial testimony.

I.     Time Limits for Bringing Claims; Arbitration of Claims. This section
establishes time limits for bringing claims for severance benefits under this
Agreement (“Severance Claims”) and any claims or controversies arising out of or
relating to your employment relationship with AKS or the termination of that
relationship (“Employment Claims”), excluding claims for workers' compensation
and unemployment compensation benefits and excluding the right of AKS to seek
injunctive or other equitable relief to enforce the terms of Section H. The
Agreement also provides that Severance Claims and Employment Claims must be
resolved through the arbitration process set forth in this Agreement.

1.    Time Limit for Severance Claims and Employment Claims. Severance Claims
must be filed within one year from the Date of Termination. Employment Claims
must be filed within one year after the occurrence of the action or actions upon
which the claim is based. You agree to waive any statute of limitations to the
contrary.

2.    Arbitration of Severance Claims and Employment Claims. Severance Claims
and Employment Claims shall be submitted to individual final and binding
arbitration, subject to the Rules of Arbitration attached to this Agreement as
Exhibit A. Employment Claims subject to arbitration include, but are not limited
to, allegations of unlawful discrimination based on race, sex, religion, age,
national origin, disability, and retaliation and any other claim of a violation
of a right created or protected by local, state, or federal law.

You and AKS agree that it is the intention of you and AKS to avoid litigation in
court of Severance Claims and Employment Claims and you and AKS, therefore,
specifically waive any right you or AKS would otherwise have to have Severance
and Employment Claims decided by a judge or jury.
You and AKS agree that this agreement to arbitrate and the arbitration award are
enforceable under and subject to the Federal Arbitration Act, 9 U.S.C. § 1 et.
seq. You and AKS consent that judgment upon the arbitration award may be entered
in an appropriate court of competent jurisdiction located in Butler County, Ohio
or in the United States District Court for the Southern District of Ohio.

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J.     Miscellaneous.
1.    Notices. Notices required or permitted under this Agreement shall be in
writing and shall be deemed to have been given when personally delivered or
mailed by United States certified mail, return receipt requested, postage
prepaid, addressed to the intended recipient at its, his or her last known
address. Notices to AKS shall be marked for the attention of the Vice President,
Human Resources of the Company.
2.    Modification; Waiver. No provision of this Agreement may be waived,
modified or discharged except pursuant to a written instrument signed by you and
the Chairman of the Board or the Chief Executive Officer of AKS. You and AKS do
not waive, nor shall this Agreement be construed to waive, any right which is
not subject to waiver as a matter of law.
3.    Successors. AKS will require any successor (whether direct or indirect, by
purchase, merger, consolidation or otherwise) to all or substantially all of the
business and/or assets of AKS to expressly assume and agree to perform this
Agreement in the same manner and to the same extent that AKS would be required
to perform it if no such succession had taken place.
4.    Inurement. This Agreement shall inure to the benefit of and be enforceable
by you and your personal or legal representatives, executors, administrators,
successors, heirs, distributees, devisees and legatees. If you should die while
any amount would still be payable to you hereunder had you continued to live,
all such amounts, unless otherwise provided herein, shall be paid in accordance
with the terms of this Agreement to your devisee, legatee or other designee, or,
if there is no such devisee, legatee or designee, to your estate.
5.    Counterparts. This Agreement may be executed in one or more counterparts,
each of which shall be deemed to be an original but all of which together will
constitute one and the same instrument.
6.    Severability; Validity. The provisions of the Agreement (including Exhibit
A) are severable and the validity or unenforceability of any provision shall not
affect the validity or enforceability of any other provision, with the following
exception. If a court rules in an action to which you are party that the
provisions of Section I (2) regarding the agreement to waive the right to have
Severance Claims or Employment Claims decided by judge or jury are
unenforceable, any and all rights created by Section I (2) of the Agreement and
Exhibit A to the Agreement will be voided retroactively, and the proceeds of any
arbitration award involving you and AKS must be returned to the party from which
they originated.
7.    Choice of Law; Forum Selection. This Agreement shall be governed by the
laws of the United States and the laws of the State of Ohio, both as to
interpretation and performance. Any action or other legal proceeding not subject
to arbitration under this Agreement or any action or legal proceeding regarding
the enforceability of this Agreement shall be brought exclusively in an
appropriate court of competent jurisdiction located in Butler County, Ohio (if
the action is brought in state court) or in the Southern District of Ohio (if
such

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action is brought in federal court). Any action brought within such courts shall
not be transferred or removed by you to any other state or federal court.
8.    Withholding and Deductions. It is understood and agreed that the payment
of severance benefits under this Agreement will be subject to withholding for
taxes and other deductions. It further is understood and agreed that, to the
extent that this Agreement provides for payment of specified amounts of
severance benefits, such amounts are before such tax withholdings and
deductions.
[Signature page follows]
Sincerely,
                    
AK STEEL HOLDING CORPORATION
                            

By:______________________________
     

AK STEEL CORPORATION

By:______________________________

                
        
Accepted and Agreed to this ___ day
of_______, 20___.

______________________________
(Name of Executive Officer)

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EXECUTIVE OFFICER CHANGE OF CONTROL AGREEMENT
Exhibit A
Rules for Arbitration

(1) Location. The arbitration hearing (“Hearing”) will take place in West
Chester, Ohio, unless the parties mutually agree to another location.

(2) Governing Rules. The arbitration process will be governed by the Employment
Arbitration Rules and Mediation Procedures (“National Rules”) of the American
Arbitration Association (“AAA”) except to the extent they are modified by the
Agreement and this Exhibit A to the Agreement. You have the opportunity to
review these rules online at any time at www.adr.org.

(3) Notice. Either you or AKS may initiate the arbitration process by filing a
written demand for monetary or non-monetary relief and notice of intent to
arbitrate (“Notice”) with any regional office of the AAA and paying the filing
fee as set out in the National Rules. The Notice must be filed within the time
limits established in Section I(1) of the Agreement. The date the Notice is
considered “filed” for purposes of Section I(1) of the Agreement and this rule
is the date the Notice is received in a AAA regional office.
 
(4) Fees; Expenses. You and AKS will share equally any AAA administrative fee
other than the filing fee. The Company will pay all of the arbitrator's fees.
You and AKS will bear your own litigation costs and expenses (including
attorneys fees), unless the arbitrator awards attorneys fees to a prevailing
party in accordance with the law applicable to the matter in dispute.

(5) Arbitrators. You and AKS will agree upon an arbitrator selected from a panel
of arbitrators chosen by and maintained at the headquarters office of the AAA in
New York. Arbitrators on this panel will have the following three
qualifications: (a) membership on the AAA's National Employment Dispute roster;
(b) membership on AAA's labor-management roster; and (c) at least fifteen years
experience as an arbitrator. After the filing of a written notice of intent to
arbitrate, the AAA will send simultaneously to you and AKS an identical list of
names of ten persons chosen from the panel. You and AKS will have ten days from
the transmittal date in which to strike any names objected to, number the
remaining names in order of preference, and return the list to the AAA. If no
arbitrator is acceptable to both you and AKS or the person who has been approved
on both lists and selected by the AAA cannot serve promptly, another list or
lists will be sent out by the AAA in accordance with the above procedure until
an arbitrator is agreed upon by you and AKS.

(6) Pre-Hearing Matters. Any pre-hearing disputes will be presented to the
arbitrator for expeditious, final and binding resolution.

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(7) Remedies; Relief. The remedy and relief which may be granted by the
arbitrator is that which the arbitrator deems just and equitable considering
what would have been available to the parties had the matter been heard in
court.

(8) Discovery - Obtaining Information You and AKS recognize that a primary
benefit each derives from entering into the Agreement is that we avoid the delay
and costs normally associated with litigation. Therefore, you and AKS agree that
neither party will be entitled to conduct any discovery prior to the Hearing
except that:

(a) AKS will furnish you with copies of all non-privileged documents in your
personnel file;

(b) if you are pursuing a claim against AKS for discharge, you will furnish AKS
with records of your earnings and benefits relating to your subsequent
employment and all documents relating to your efforts to obtain subsequent
employment;

(c) AKS and you will exchange no later than seven days prior to the Hearing
copies of all documents which either party intends to introduce as evidence at
the Hearing and a list of witnesses either party intends to present at the
Hearing;

(d) you will be allowed (at your expense) to take the deposition of your
immediate supervisor and the individual who made the decision which resulted in
your claim (if that individual is not your immediate supervisor) for a period
not to exceed two hours each, and AKS will be allowed (at its expense) to depose
you for a period not to exceed two hours; and

(e) either you or AKS may ask the arbitrator to grant additional discovery to
the extent permitted by the National Rules if it is demonstrated that such
discovery is necessary for a fair arbitration and no less expensive alternative
for exchanging the information exists.

Nothing herein will prevent either you or AKS from taking the deposition of any
witness where: (a) the sole purpose for taking the deposition is to use the
deposition in lieu of the witness testifying at the hearing; and (b) the witness
is, in good faith, unavailable to testify in person at the hearing due to poor
health, residency and employment more than fifty miles from the hearing site,
conflicting travel plans or other comparable reason.

(9) Post-Hearing Briefs. You and AKS will have the opportunity to submit to the
arbitrator a post-hearing brief in support of your respective positions.

(10) Confidentiality. All aspects of the procedure under the Agreement,
including the hearing, the record of the proceedings, and the arbitrator's
decision are confidential and will not be open to the public, except (a) to the
extent you and AKS agree otherwise in writing; (b) as may be appropriate in any
subsequent proceedings between you and

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AKS; (c) either party may disclose the decision of the arbitrator to his or its
attorneys, accountants, other professional advisors, and/or spouse so long as
they agree to keep it confidential; or (d) as may otherwise be appropriate in
response to a governmental agency or legal process, or to comply with applicable
legal, accounting, financial, or insurance rules, regulations or requirements.