Exhibit 10.3
Termination of
Shareholder Rights Agreement
This Termination Agreement
(this “Agreement”) is entered into this 15th day of
September 2007 by and among Accuride Corporation, a
Delaware corporation (“Accuride”), Hubcap Acquisition
L.L.C., a Delaware limited liability company
(“Hubcap”), and the following parties which shall be
collectively referred to as the “Trimaran
Parties”: Trimaran Capital, L.L.C., Trimaran Fund II,
L.L.C., Trimaran Parallel Fund II, L.P., CIBC Employee Private
Equity Fund (Trimaran) Partners, and CIBC Capital
Corporation. Each of the parties listed above may be referred
to as a “Party” and collectively as the
“Parties.”
WHEREAS, Accuride and certain
of its Stockholders, including Hubcap and the Trimaran Parties,
entered into that certain Shareholder Rights Agreement (the
“Rights Agreement”), dated
January 31,
2005;
WHEREAS, Hubcap has
liquidated its ownership of Accuride common stock and is no longer
a shareholder of Accuride;
WHEREAS, the majority of
Stockholders under the Rights Agreement have liquidated their
ownership of Accuride common stock pursuant to
tra
