Company: ZEUS
Filing Date: 2025-10-30
Form Type: 425
Source: 0001193125-25-257069
Chunk: 170

Company: OLYMPIC STEEL INC
Filing Date: 2025-10-30
Form: 425
Chunk 170
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 will be considered separate contracts, and the Restrictive Covenants will survive the termination of this Letter Agreement
for any reason other than a termination resulting from the termination of the Merger Agreement or the abandonment of the Merger.

Clawback

Any
compensation provided by the terms of this Letter Agreement, and such other applicable compensation payable to you, will be subject to potential mandatory cancellation, forfeiture, and/or repayment by you to the Company or Parent, as applicable, to
the extent that you are, or in the future become, subject to (x) any Company or Parent clawback or recoupment policy that is adopted to comply with the requirements of any applicable laws, rules, regulations, stock exchange listing standards,
or otherwise or (y) any applicable laws that impose mandatory clawback or recoupment requirements under the circumstances set forth in such laws, including as required by the Sarbanes-Oxley Act of 2002, the Dodd-Frank Wall Street Reform and
Consumer Protection Act, or other applicable laws, rules, regulations, or stock exchange listing standards, as may be in effect from time to time, and which may operate to create additional rights for the Company and/or Parent, as applicable, with
respect to awards and the recovery of amounts relating thereto. By executing this Letter Agreement, you consent to be bound by the terms of any applicable clawback policy, and agree and acknowledge that you are obligated to cooperate with, and
provide any and all assistance necessary to, the Company or Parent in its efforts to recover or recoup any. applicable compensation that is subject to clawback or recoupment pursuant to such laws, rules, regulations, stock exchange listing
standards, or company policy. Such cooperation and assistance shall include, but is not limited to, executing, completing, and submitting any documentation necessary to facilitate the recovery or recoupment by the Company or Parent from you of any
such amounts, including from your accounts or from any other compensation, to the extent permissible under Section 409A of the Internal Revenue Code of 1986, as amended. You will also be subject to (or deemed subject to) all other policies
applicable to other similarly situated senior executives from time to time.

Miscellaneous

This Letter Agreement, together with its schedules, exhibits, and any documents expressly incorporated by reference, constitutes the entire
agreement among you, the Company and Parent with respect to the subject matter hereof and supersedes all prior and contemporaneous understandings,