Company: ZEUS
Filing Date: 2025-10-30
Form Type: 425
Source: 0001193125-25-257069
Chunk: 96

Company: OLYMPIC STEEL INC
Filing Date: 2025-10-30
Form: 425
Chunk 96
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, transfer or encumber, or authorize the issuance, sale, pledge, disposition, grant, transfer, or
encumbrance of, any shares of capital stock of, or other Equity Interests in, the Company or any of its Subsidiaries, or securities convertible into, or exchangeable or exercisable for, any shares of such capital stock or other Equity Interests, or
any options, warrants or other rights of any kind to acquire any shares of such capital stock or other Equity Interests or such convertible or exchangeable securities, or any other ownership interest

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(including any such interest represented by Contract right), or any “phantom” stock, “phantom” stock rights, stock appreciation rights or stock based performance rights,
of the Company or any of its Subsidiaries, other than (i) the issuance of Company Common Stock in connection with the vesting of Company RSAs and settlement of Company RSUs or Company PSUs or the payment of cash in respect of the settlement of
Company Phantom Awards or Company Cash Awards, in each case, outstanding as of the date hereof (or issued as permitted by this ) and as required in accordance with their terms or (ii) as may be required
pursuant to the Company Credit Agreement;

(c) sell, pledge, dispose of, transfer, lease, license, guarantee or encumber any property or
assets of the Company or any of its Subsidiaries (excluding Company Owned Intellectual Property which instead is the subject of below), including, without limitation, the Company Real Property, in each case
with value in excess of $5,000,000, except pursuant to existing Contracts, the sale or purchase of goods in the ordinary course of business consistent with past practice and Permitted Liens;

(d) sell, assign, pledge or otherwise encumber, transfer, license, abandon, permit to enter the public domain, permit to lapse or otherwise
dispose of any material Company Owned Intellectual Property, except for (i) non-exclusive licenses granted in the ordinary course of business consistent with past practice and (ii) disclosure of non-public material Company Owned Intellectual Property or Trade Secrets to any Person, other than (A) to the Company or any of its Subsidiaries or (B) pursuant to a valid and binding confidentiality
agreement or other binding obligation of confidentiality that the Company or a Subsidiary entered into in the ordinary course of business;

(e) declare, set aside, make or pay any dividend or other