FIRST AMENDMENT TO THE AK STEEL HOLDING CORPORATION EXECUTIVE OFFICER SEVERANCE AGREEMENT WITH [INSERT NAME OF EXECUTIVE OFFICER]

EXHIBIT 10.7

[FORM OF AMENDMENT TO BE EXECUTED WITH EACH OFFICER

PARTY TO A SEVERANCE AGREEMENT]

FIRST AMENDMENT

TO THE

AK STEEL HOLDING CORPORATION

EXECUTIVE OFFICER SEVERANCE AGREEMENT

WITH [INSERT NAME OF EXECUTIVE OFFICER]

WHEREAS, the parties to this First Amendment entered into and executed an Executive Officer Severance Agreement (the “Agreement”) dated July 26, 2004; and

WHEREAS, the parties desire to bring the Agreement into compliance with recently effective provisions of Section 409A of the Internal Revenue Code of 1986, as amended, and the regulations thereunder; and

WHEREAS, unless the Agreement is amended to bring it into compliance with Section 409A and the regulations promulgated thereunder, it could result in substantial tax penalties and other consequences for the undersigned Executive Officer;

NOW, THEREFORE, in consideration of the foregoing premises, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

A. Section E(1) of the Agreement is hereby amended to read as follows:

“1. Basic Severance Benefits . If your employment with AKS is involuntarily terminated without Cause pursuant to Section C(1), 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