EXHIBIT 99.1
General Motors — American Axle and Manufacturing — Agreement
1. | Sourcing: Through this Agreement dated June 29, 2007, General Motors *** awards to American Axle and Manufacturing the following vehicle programs, including ***, for the *** program *** program. The product content sourced to AAM is specified below. |
a) | *** — *** or *** to driveline components, chassis related forged products, modules and systems *** by AAM for the *** and ***. *** for *** products will be based on *** products and shall be *** or *** by the *** from *** and *** as ordered by GM for the *** program. AAM and GM shall *** to *** for *** products based on *** by GM. |
(i) | For the ***, AAM commits to *** of *** for *** beginning *** after ***. Additionally AAM and GM will *** on additional *** initiatives which will result in each party receiving *** of the ***. |
b) | *** — *** or *** to driveline components, chassis related forged products, modules and systems *** by AAM for the *** and *** with the exception of the ***. *** for *** products will be based on *** products and shall be *** or *** by the *** from *** and *** as ordered by GM for the ***. AAM and GM shall *** to *** for *** products based on *** by GM. |
(i) | Upon *** of the *** program ***, including the ***, AAM will *** to *** on the *** components for *** — beginning *** after ***. Additionally AAM and GM will *** on additional *** initiatives which will result in each party receiving *** of the ***. |
c) | GM will *** is *** to AAM on the *** (Primary), including the ***, or other *** (Secondary) such that the *** will be *** with or approximate the *** received by *** for the ***. In addition to the ***, the *** will be *** in terms of *** and *** of the *** program *** of *** (i.e. ***). |
(i) | GM and AAM will establish a *** for GM’s *** program *** to ***, which will include *** or *** to *** and *** for the *** and *** vehicle program *** and engineering / design *** is *** for driveline products. |
2. | ***: *** of the products being *** to AAM by GM pursuant to *** shall be included in ***. |
*** | Any text removed pursuant to the confidential treatment request of American Axle & Manufacturing Holdings, Inc. is being separately submitted with the U.S. Securities Exchange Commission and is marked“***”herein. |
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3. | Program ***: |
a) | *** 2-26-04 Agreement and ***: In the event that *** of the programs *** GM to AAM under the *** and *** are ***, or are ***, other *** of *** to AAM will be *** by GM to AAM based on the *** and *** as the parties ***. | ||
b) | *** (Primary / Secondary): In the event that *** of the products *** pursuant to *** are *** or are ***, *** programs of *** to AAM will be *** by GM to AAM based on the *** and *** set forth in ***. |
4. | AAM agrees to *** General Motors *** for the products *** by GM to AAM pursuant to *** or *** the *** or *** at a *** and *** not to *** those listed in the attached document (attachment 1). This agreement does not *** to *** prior to the date of the ***. |
5. | *** for the products *** by GM to AAM pursuant to *** or *** the *** or *** will be subject to *** of ***. The attached document (attachment 2) specifies the *** for ***. For each ***, GM will *** a *** to AAM pursuant to the *** in *** between GM and AAM. This *** to the *** will be *** with the *** of *** under the *** or ***, and the products *** under ***. (*** programs will not be *** by ***). |
American Axle & Manufacturing, Inc. | General Motors Corporation | ||
Steven J. Proctor | Randall Pappal | ||
Vice President | Executive Director | ||
Sales & Marketing | Global Purchasing and Supply Chain |
*** | Any text removed pursuant to the confidential treatment request of American Axle & Manufacturing Holdings, Inc. is being separately submitted with the U.S. Securities Exchange Commission and is marked“***”herein. |
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General Motors — American Axle & Manufacturing — Agreement
Attachment 1
[to be provided]
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General Motors — American Axle & Manufacturing — Agreement
Attachment 2
[to be provided]
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