ACCURIDE CORPORATION CONVERTIBLE NOTES COMMITMENT AGREEMENTConvertible Notes Commitment Agreement • October 8th, 2009 • Accuride Corp • Motor vehicle parts & accessories • New York
Accuride Corporation, a Delaware corporation (the “Issuer”), proposes to offer and sell up to $140.0 million principal amount of 7.5% Convertible Notes with the principal terms set forth in the Term Sheet for New Capital in Connection with the Proposed Restructuring, the Non -Binding Term Sheet for Proposed Restructuring and the Summary of Terms and Conditions for the Restructured Prepetition Senior Secured Credit Facilities (collectively, the “Term Sheets”) attached as Exhibit A hereto (the “New Notes”) to be issued pursuant to the Debtors’ (as defined below) joint chapter 11 plan of reorganization (the “Plan”) pursuant to a rights offering (the “Rights Offering”). The New Notes will be issued pursuant to an indenture (the “Indenture”) to be dated the Effective Date (as defined below) and will be convertible into shares of common stock of the restructured or reorganized Accuride Corporation (the “New Common Stock”) in accordance with the terms set forth in the Term Sheets and the Inde
