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                                                             Exhibit 10 (lxxxvi)




                             AMENDMENT NO. 7 TO THE
                      NACCO MATERIALS HANDLING GROUP, INC.
                      LONG-TERM INCENTIVE COMPENSATION PLAN
                      -------------------------------------

         NACCO Materials Handling Group, Inc. hereby adopts this Amendment No. 7
to the NACCO Materials Handling, Inc. Long-Term Incentive Compensation Plan (the
"Plan"), effective as of March 29, 2000. Words and phrases used herein with
initial capital letters which are defined in the Plan are used herein as so
defined.

                                    SECTION 1
                                    ---------

         Paragraph 2 of the introduction to the Plan (which was added by
Amendment No. 6 to the Plan) is hereby amended in its entirety to read as
follows:

         "2       Effective as of May 5, 2000, pursuant to the powers granted to
                  the Nominating, Organization and Compensation Committee of the
                  Board of Directors under Section 8 hereof, the Plan is hereby
                  terminated. Under Section 5.2(a)(iv) of the Plan, therefore,
                  all outstanding Book Value Appreciation Units shall be vested
                  as of the date of termination. As such, as soon as practicable
                  after that date, grantees shall receive a check in full
                  payment of the value of such Book Value Appreciation Units or
                  the value thereof shall be deferred under and into the
                  Unfunded Plan (for those grantees who have made an irrevocable
                  election to defer receipt of all or part of their Book Value
                  Appreciation Units in accordance with the terms of the
                  Unfunded Plan). For this purpose, the "value of" the Book
                  Value Appreciation Units shall be equal to their value as of
                  March 29, 2000, increased at the rate of 8.03% for the period
                  from April 1, 2000 through May 31, 2000.


                  EXECUTED this 23rd day of June, 2000.
                                ----        ----

                                            NACCO MATERIALS HANDLING GROUP, INC.

                                            By: /s/ Charles A. Bittenbender
                                                ---------------------------
                                                Title: Assistant Secretary