Company: ZEUS
Filing Date: 2025-10-30
Form Type: 425
Source: 0001193125-25-257069
Chunk: 137

Company: OLYMPIC STEEL INC
Filing Date: 2025-10-30
Form: 425
Chunk 137
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), except for deminimisinaccuracies, and (iii) the representation and warranty set forth in of (Absence of
Certain Changes or Events) shall be true and correct in all respects as of the Closing Date as though made on and as of such date.

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(b) Each of Parent and Merger Sub shall have performed or complied with, as applicable, all
of the covenants and agreements required by this Agreement to be performed or complied with by it in all material respects.

(c) No
Effect shall have occurred since the date of this Agreement that has had, or would reasonably be expected to have, individually or in the aggregate, a Parent Material Adverse Effect.

(d) Parent shall have delivered to the Company a certificate, dated as of the Closing Date and signed by an executive officer of Parent,
certifying to the effect that the conditions set forth in and have been satisfied.

(e) The Company shall have received the Company Tax Opinion from Company Tax Counsel, and such opinion shall not have been withdrawn or
adversely modified.

ARTICLE 7

TERMINATION, AMENDMENT AND WAIVER

7.1 . This Agreement may be terminated, and the Merger and the other Transactions contemplated hereby may be abandoned:

(a) By mutual written consent of Parent and the Company at any time prior to the Effective Time, whether before or after the Parent
Stockholder Approval or Company Shareholder Approval have been obtained;

(b) By either Parent or the Company:

(i) if, whether before or after the Parent Stockholder Approval or Company Shareholder Approval have been obtained, any Law or
final and non-appealable Order shall have been promulgated, entered, enforced, enacted or issued by any Governmental Entity of competent jurisdiction in which the Company and its Subsidiaries (taken as a
whole) or Parent and its Subsidiaries (taken as a whole) have material assets or material business operations (or any other Governmental Entity whose approval is required as a condition to Closing pursuant to
) which is in effect and permanently prohibits, restrains, enjoins or makes illegal the consummation of the Merger; , that the right to terminate this Agreement pursuant to this
shall not be available to any Party whose material breach of any of its obligations under this Agreement is the primary cause of, or resulted in, the enactment or issuance of any such Law or
Order;

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(ii) if, whether before or after the Parent Stockholder Approval or Company