Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 14, 2009, Neenah Enterprises, Inc. ("NEI") entered into a consulting and release agreement with John Andrews, Corporate Vice President of Manufacturing of NEI, regarding the principal terms of Mr. Andrews' retirement, his agreement to stay on in his current capacity as a full-time employee until April 30, 2010 to facilitate an orderly transition of his responsibilities, and an arrangement pursuant to which Mr. Andrews will provide consulting services to NEI following his retirement. The consulting and release agreement provides for a twelve-month consulting period following his retirement, during which Mr. Andrews will be paid a base consulting fee, subject to adjustment, of $11,126 per month for his services. The consulting and release agreement also contains provisions prohibiting Mr. Andrews from performing comparable services for a competitor of NEI during the term of the agreement and for a period of one year following the termination of the agreement. Mr. Andrews is 64 and has been employed by NEI for over twenty years.
The foregoing description of the consulting and release agreement between NEI and Mr. Andrews is not complete and is qualified in its entirety by reference to the consulting and release agreement, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference. Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.

Exhibit No. Description 10.1 Consulting and Release Agreement, dated September 14, 2009, between Neenah Enterprises, Inc. and John Andrews

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