Exhibit 10.1(t)

AMENDMENT NUMBER TWO  TO  SAUER-DANFOSS EMPLOYEES'  SAVINGS PLAN  (Formerly the Sauer-Sundstrand Employees' Savings  and Retirement Plan, As Amended and Restated,  Effective January 1, 1997 and
Renamed As of January 1, 2001)

By virtue and in exercise of the amending power reserved to Sauer Danfoss Company (the "Company") by subsection 14.1 of the Sauer-Danfoss Employees' Savings Plan
(formerly, the Sauer-Sundstrand Employee's Savings and Retirement Plan), As Amended and Restated as of January 1, 1997 and Renamed as of January 1, 2001 (the "Plan"), and pursuant to the
authority delegated to the undersigned officer of the Company by the Employee Benefit Committee of the Company, the Plan is hereby amended, effective as of January 1, 2002, by adding on
Appendix A thereto in the form of the attached Appendix A.

IN
WITNESS WHEREOF, the above amendment is adopted this 8th day of February, 2002.

| |  | SAUER DANFOSS COMPANY
| |  | ---------------------
| |  | By:                  
| |  |                      

---

SAUER-DANFOSS EMPLOYEES'  SAVINGS PLAN        APPENDIX A

Application of the Economic Growth and Tax Relief Reconciliation Act of 2001

This
Appendix A is intended to demonstrate good faith compliance with the requirements of the Economic Growth and Tax Relief Reconciliation Act of 2001 ("EGTRRA") and is to be
construed in accordance with EGTRRA the and guidance issued thereunder. The provisions of this Appendix A shall supersede the applicable provisions of the Plan to the extent those provisions
are inconsistent with the provisions of this Appendix.

A-1Effective Date.Except as otherwise provided, this amendment shall be effective as of the first day of the first Plan Year beginning
after December 31, 2001.

A-2.Limits on Contributions.Notwithstanding the provisions of Section 6.3 of the Plan, effective for Limitation Years beginning
after December 31, 2001:





A-3.Limits on Compensation.



A-4.Salary Deferral Limitation.Effective for Plan Years beginning after December 31, 2001 and consistent with
Section 6.4 of the Plan, in no event shall the amount of Pre-tax Contributions made by a Participant with respect to any calendar year exceed the elective deferral limit of Code
Section 402(g)(5) (as adjusted by the Secretary of the Treasury, which for 2002 shall be $11,000), reduced by the Participant's elective deferrals for such tax year under any other salary
reduction arrangement (i.e., under any Code Section 401(k) or 403(b) plan), except to the extent permitted under Section 414(v) of the Code, if applicable.

A-5.Benefit and Contribution LimitationsMultiple Use of Alternative Limitation. Notwithstanding
Section 6.7 of the Plan, the restriction on the multiple use of the "alternative limitation," which may occur as a result of the testing under the limitations described in Sections 6.5 and 6.6
of the Plan, shall not apply for Plan Years beginning after December 31, 2001.

---

A-6.Involuntary Cash-Outs. Effective after December 31, 2001, for purposes of determining whether the sum
of such a Participant's vested Account balances is less than or equal to $5,000 in accordance with subsection 12.5 of the Plan, the balance of the Participant's Rollover Contribution Account (and
earnings allocated thereto) shall be disregarded. If the sum of the Participant's vested Account balances is less than or equal to $5,000 without regard to the balance of his or her Rollover
Contribution Account (and earnings allocated thereto), the Plan Administrator shall direct the Trustee to distribute the Participant's vested Account balance in a lump sum (in cash) without the
consent of the Participant (or Beneficiary) in accordance with subsection 12.5 of the Plan.

A-7.Rollover Rules.







A-8.Hardship Withdrawals. Notwithstanding subsection 11.2 of the Plan, a Participant who receives a hardship withdrawal after
December 31, 2001 under Section 11.2 of the Plan shall have his or her Pre-tax Contributions and Post-tax Contributions suspended for 6 months beginning on
the date as of which he or she receives the hardship withdrawal.

A-9.Top Heavy Rules. Notwithstanding the provisions of Article 15 of the Plan, effective for Plan Years beginning after
December 31, 2001, this Section A-9 shall apply for purposes of determining whether the

---

Plan is a Top-Heavy Plan under Section 416(g) of the Code and whether the Plan satisfies the minimum contribution requirements of Section 416(c) of the Code for such years.





---



QuickLinks