Re: 121/2% Senior Subordinated Note due 2013

Exhibit 10.1

Tontine Capital Partners, L.P.
55 Railroad Avenue, 1st Floor
Greenwich, CT 06830

July 1, 2009

Neenah Foundry Company
2121 Brooks Avenue
Neenah, WI 54957

     Re: 12 ¹ / 2 % Senior Subordinated Note due 2013

Ladies and Gentlemen:

     Reference is made to the 12 ¹ / 2 % Senior Subordinated Note due 2013 (the “ Note ”) issued by Neenah Foundry Company, a Wisconsin corporation (the “ Company ”), to Tontine Capital Partners, L.P. (“ Tontine ”). Capitalized terms used but not defined herein shall have the respective meanings set forth in the Note.

     Pursuant to Paragraph 2 of the Note, the Company is entitled to defer the payment of a portion of the interest due under the Note on a given interest payment date at a rate of up to 7.5% per annum. Notwithstanding the limitation on the amount of interest under the Note that may be deferred pursuant to Paragraph 2 thereof, Tontine hereby consents to the Company’s deferral of the entire interest payment due under the Note on July 1, 2009 (the “ !July 2009 Interest Payment ”) and the Company and Tontine acknowledge and agree that (a) t