ANY PERSON, WHETHER OR NOT FORESEEABLE AND REGARDLESS OF THE FORM OF THE ACT
IN WHICH SUCH A CLAIM MAY BE BROUGHT, WITH RESPECT TO THE PLAN.
11.
EMPLOYER LIABLE FOR PAYMENT. THE EMPLOYER IS
LIABLE FOR THE PAYMENT OF ANY AMOUNTS THAT BECOME DUE UNDER THE AGREEMENT.
12.
MISCELLANEOUS. THE AGREEMENT IS AWARDED
PURSUANT TO AND IS SUBJECT TO ALL OF THE PROVISIONS OF THE PLAN, INCLUDING
AMENDMENTS TO THE PLAN, IF ANY. IN THE EVENT OF A CONFLICT BETWEEN THIS
AGREEMENT AND THE PLAN PROVISIONS, THE PLAN PROVISIONS WILL CONTROL. THE TERM
"YOU" AND "YOUR" REFER TO THE GRANTEE NAMED IN THE AGREEMENT. CAPITALIZED TERMS
THAT ARE NOT DEFINED HEREIN SHALL HAVE THE MEANINGS ASCRIBED TO SUCH TERMS IN
THE PLAN OR THE AGREEMENT.
In accepting the Annual Incentive Award set forth in this Agreement you accept
and agree to be bound by all the terms and conditions of the Plan and this
Agreement.
QUANEX CORPORATION
Raymond Jean - Chief Executive Officer
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