Company: ZEUS
Filing Date: 2025-10-30
Form Type: 425
Source: 0001437749-25-032438
Chunk: 5

Company: OLYMPIC STEEL INC
Filing Date: 2025-10-30
Form: 425
Chunk 5
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 the same terms and conditions that applied prior to the Effective Time (including continued service requirements through the last day of the applicable performance period). The vested portion of any such award will be paid in cash within 30 days following the Closing Date in accordance with the Company’s (or one of its affiliates’) regular payroll practices.

Conditions to the Merger

Consummation of the Merger is subject to the satisfaction or (to the extent permitted by applicable law) waiver of certain customary closing conditions, including (a) the adoption of the Merger Agreement by (i) a majority of the Company Shareholders and (ii) a majority of the stockholders of Ryerson; (b) the common stock of Ryerson issuable in connection with the Merger having been approved for listing on the New York Stock Exchange; (c) the absence of any laws or orders in any jurisdiction in which Ryerson or the Company has material assets or material business operations prohibiting the consummation of the Merger; (d) Ryerson’s registration statement on Form S-4 having become effective under the Securities Act of 1933 and the absence of any stop order or action or proceeding by or before the Securities and Exchange Commission (the “SEC”) seeking a stop order; (e) the expiration or termination of any applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976; (f) subject to certain materiality exceptions, the accuracy of the respective representations and warranties of each of the Company and Ryerson; (g) the receipt by each of the Company and Ryerson from qualified counsel of a respective written opinion in connection with the consummation of the Merger based on the facts, representations, assumptions and exclusions set forth in such written opinion, to the effect that the Merger will qualify for the tax treatment intended by the Merger Agreement; (h) the absence of a material adverse effect on the Company and Ryerson; and (i) the performance or compliance by the Company and the Parent Parties with their respective covenants and agreements in all material respects or as otherwise specified in the Merger Agreement. Consummation of the Merger is not subject to a financing condition.

Representations, Warranties and Covenants

Ryerson and the Company have each made customary representations and warranties in the Merger Agreement. The Parent Parties and the Company have each agreed to use reasonable best efforts to cause the Merger to be consummated. The Company has agreed to various c