Exhibit 10.4

 

Participant Designation Agreement

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PARTICIPANT DESIGNATION AGREEMENT

 

Reference is made to that certain Three Year Incentive Plan for the Three
Consecutive Fiscal Year Periods Ending May 31,              (the “Plan”) adopted
by Chaparral Steel Company, a Delaware corporation (the “Company”). This
Participant Designation Agreement evidences that on             , 200    , the
Compensation Committee of the Board of Directors of the Company approved the
participation of the individual named below in the Plan at a participation
percentage set forth below.

 

Name and title of participant:                                         
            

Participation Percentage:                                                      

 

IN WITNESS WHEREOF, the undersigned has executed this Participant Designation
Agreement to evidence the right of the designated participant to participate in
the Plan in accordance with the terms and conditions of the Plan and this
Participant Designation Agreement.

 

CHAPARRAL STEEL COMPANY

By:

 

 

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Name:

 

 

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Title:

 

 

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