Document:

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EXHIBIT 10(iii)(g)

EMPLOYMENT CONTRACT

THIS CONTRACT is made and entered into on this 2nd day of January, 1998,
by and between

COMMERCIAL METALS (INTERNATIONAL) AG, at Baarerstrasse 14, 6301 Zug,
Switzerland (hereinafter styled “Company”)

and Dr. Hanns Zöllner, Zimmelstr. 68, 6314 Unterägeri, Switzerland
(hereinafter styled “Employee”)

WITNESSETH

WHEREAS, the Company is duly incorporated and existing under the laws of
Switzerland;

WHEREAS, the Company desires
to retain the services of the Employee;

WHEREAS, the Employee desires to perform services for the Company;

and

WHEREAS, the Company has determined what a reasonable compensation will be
for the Employee and has offered to the Employee continuing employment in
consideration of such compensation and other benefits of employment, and the
Employee is willing to accept continuing employment under the terms hereof;

NOW, THEREFORE, for and in consideration of the mutual covenants and promises
herein contained, the parties agree as follows:

	1.	 	Employment
	 
	 	 	The Company hereby continues to employ the Employee and the Employee
hereby accepts continued employment from the Company under the terms and
conditions herein specified.
	 
	2.	 	Term
	 
	 	 	The term of this employment agreement will continue for 96 months from
2nd January, 1998, thereafter and after expiration of the 96 months’
period for an unspecified period of time unless either party gives
notice to the other party to terminate the employment in accordance with
the conditions of the “Schweizerischen Obligationenrecht”.

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	2a.	 	Termination Clause
	 
	 	 	In the event that the Company wishes to terminate the employment of
the employee prior to the expiration of the first 96 months and
for

  other reasons than stipulated in Clause 9, the Company shall pay to
the employee a severance payment as follows:

	 	(i)	 	Up until 31 December, 2000, two years (24 months)
salary based on the salary at time of termination.
	 
	 	(ii)	 	From 1 January, 2001 - 31 December, 2005, one year (12
months) salary based on the salary at time of termination.

	 	 	This Termination Clause is not valid should the company wish the
employee to relocate to a Western country location where CMC has an
office such as Dallas, New York, London, Sydney or similar cities and
the employee without good reason chooses not to relocate.
	 
	3.	 	Compensation
	 
	 	 	For all services rendered by the Employee under this contract, the
Company shall pay to the Employee SFr. 380,000 per year in 12 equal
monthly installments. The said salary may be increased, but not
decreased, as the Company may from time to time determine. In
addition, the Employee may be paid cash bonuses in such amount and at
such times and on such basis as the Company may from time to time, at
its sole and absolute discretion, determine.
	 
	3a.	 	Special Discretionary Bonus
	 
	 	 	The Company will review the performance of the employee in July each
year and will recommend a Special Discretionary Bonus to be paid to
the employee for performance based on the employee’s contribution to
Commercial Metals Company (the Corporation).
	 
	 	 	The Corporation at its sole discretion will approve the Special
Discretionary Bonus in October of each year.
	 
	4.	 	Other Benefits
	 
	 	 	The Employee will continue to participate in the Pension Fund, and
Death and Disability Insurance as per the “Reglement der
Personalfürsorgestiftung der Commercial Metals Company, Zug”.
	 
	 	 	In addition, the Employee is covered by the Company’s Group Accident
Insurance. The Company pays all insurance premiums of the Group
Accident Insurance.

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	5.	 	Duties
	 
	 	 	The Employee is employed to exclusively perform services for the Company in
the Capacity as a Member of the management as further specified in a job
description. The Company shall have the power to determine not only what
specific duties shall be performed by the Employee, but also the means and
manner by which those duties shall be performed by the Employee. Additionally,
the Company shall have the power to determine when such services shall be
performed as well as to determine the days and hours during which the Employee
shall perform his duties; provided, however, that the Employee shall not be
compelled to work longer than a normal working week. The Employee will be
entitled to 20 working days paid holidays per year which should be taken in
agreement with the requirements of the Company.
	 
	6.	 	Title
	 
	 	 	The Employee will have the titles of Managing Director of Commercial Metals
(International) AG, and Managing Director of CMC Trading AG, and will report
directly to the President – International Division of Commercial Metals
Company.
	 
	7.	 	Exclusive Service
	 
	 	 	The Employee shall devote his full time and attention to the performance of
his services to and for the Company. He shall carry out such duties in a
manner that best serves the interests of the Company – a determination which is
to be made by the Company at its sole and absolute discretion – and faithful
compliance with all policies, standards, regulations and rules of the
Company now or hereafter promulgated.
	 
	8.	 	Non Compete Covenant
	 
	 	 	As Executive Officer the Employee will be privy to the names of customers and
to trade secrets. The use of this knowledge after termination of the
employment could cause substantial damages to the Company.
	 
	 	 	The Employee hereby undertakes that after the termination of the employment by
the Employee, he will not within two years after termination solely or jointly
with any other person whether as principal, agent, director, executive officer,
employee, shareholder, partner, joint venture, member, adviser, consultant or
otherwise howsoever directly or indirectly be engaged, involved in the Canton
of Zug, Zurich, Baselland, Baselstadt, Luzern, Genf, Tessin, Waadt, where the
main competitors of the Company are domiciled, be associated with any trade or
business trading in iron, steel, steel semi-finished products and/or steel
finished products and aluminium and aluminium semi-finished products and be
engaged in project financing and financial services in competition with the
Company or any of its related corporations.
	 
	 	 	The Employer can demand restitution of damages caused and can demand
the termination of the infringements of this Non Compete Covenant.

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	9.	 	Involuntary Termination
	 
	 	 	  This contract shall be deemed to be terminated and the employment
relationship between the Employee and the Company shall be deemed

  to be terminated upon occurrence of any of the following:

	 	A)	 	Upon the death of the Employee, during employment, as laid
down in the “Schweizerischem Obligationenrecht”.
	 
	 	B)	 	The Employee refuses to faithfully and diligently perform the
usual customary duties of his employment and to adhere to provisions of this contract.
	 
	 	C)	 	The Employee fails or refuses to comply with the reasonable
policies, standards, regulations and rules of the Company, which
from time to time may be established.
	 
	 	D)	 	The Employee conducts himself in an unethical, immoral
or fraudulent manner, or in a manner that is contrary to the
Policy of Business Conduct of the Commercial Metals Company and
its subsidiaries; or is found guilty of unethical conduct by any
board, institution or organisation having any privilege, right or
jurisdiction to pass judgement upon the conduct of the Employee;
or the Employee’s conduct discredits the Company or is
detrimental to the reputation, character and standing of the
Company.
	 
	 	E)	 	The Company or the Employee terminates the employment for
reasons as stipulated in Article 337 of the “Schweizerischem
Obligationenrecht”.

	10.	 	Relationship of the Parties
	 
	 	 	The parties recognize that the Company shall be responsible for the
management of its business affairs, and that the relationship between
the Company and the Employee shall be that of an employer and an
employee. All fees, compensation and other things of value, charged by
the Company and received or realized as a result of the rendering of
services by the Employee shall belong to and be paid and delivered
forthwith to the Company by the Employee.
	 
	11.	 	All other conditions of this employment are subject to the
conditions of the “Schweizerischem Obligationenrecht”.

IN WITNESS WHEREOF, the parties hereto have set their hands on the day,
month and year first above written.

	 	 	 	 	 
	 
	 	COMMERCIAL METALS (INTERNATIONAL) AG
	 
	 	 	 	 
	/s/
DR. HANNS ZÖLLNER

	 	/s/ MURRAY MCCLEAN
	 	 
	
 

	 	
 	 	 
	Dr. Hanns Zöllner

	 	Murray McClean,

CHAIRMAN	 	 

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EXHIBIT 10(iii)(q)

STOCK APPRECIATION RIGHTS AGREEMENT

COMMERCIAL METALS COMPANY

1999 NON-EMPLOYEE DIRECTOR STOCK PLAN

     1. Grant of Stock Appreciation Rights. Pursuant to the Commercial Metals Company 1999
Non-Employee Director Stock Plan (the “Plan”) Commercial Metals Company, a Delaware corporation
(the “Company”), hereby grants to

        
                                                    

(the “Participant”)

Stock Appreciation Rights relating to the appreciation in           
shares of Common Stock of the
Company (the “Stock Appreciation Rights” or “SARs”) at an exercise price (the “SAR Price”) of
$           per share (which is equal to or greater than the Closing Price of a share of Common Stock as
of the Date of Grant), all upon and subject to the terms and conditions set forth in this
Agreement. This SAR Agreement is intended to comply with the provisions governing stock
appreciation rights under Section 409A of the Code and the guidance issued thereunder, in order to
exempt the SARs from application of Section 409A of the Code.

     2. Date of Grant. The Date of Grant of the Stock Appreciation Rights is                     ,
2009.

     3. Subject to Plan. The SARs and this Agreement are subject to the terms and
conditions of the Plan, and the terms of the Plan shall control to the extent not otherwise
inconsistent with the provisions of this Agreement. Except as otherwise provided herein, the
capitalized terms used herein that are defined in the Plan shall have the same meanings assigned to
them in the Plan. The SARs are subject to any rules promulgated pursuant to the Plan by the Board
or the Committee and communicated to the Participant in writing.

     4. Vesting; Time of Exercise. The Participant shall become vested in installments of
shares of Stock Appreciation Rights awarded to the Participant and such shares shall become fully
exercisable in accordance with the following schedule:

     a. Fifty percent (50%), rounded down to the nearest full SAR share, shall vest and
become exercisable on the first anniversary of the Date of Grant, provided the Participant
is a Director of the Company on that date.

     b. Fifty percent (50%), rounded down to the nearest full SAR share shall vest and
become exercisable on the second anniversary of the Date of Grant, provided the Participant
is a director of the Company on that date.

     Notwithstanding the foregoing, the vesting of shares under this SAR Agreement shall
automatically accelerate and the Stock Appreciation Rights shall be exercisable in full upon (i)
the Participant’s death; (ii) the Participant’s Termination of Service as a Director as a result of
his Total and Permanent Disability; (iii) the Participant’s Termination of Service as a Director as
a result of his Retirement; or (iv) the occurrence of a Change in Control.

 

 

     5. Term; Forfeiture. Except as otherwise provided in this Agreement, unexercised SARs
that are unvested shall terminate on the date of the Participant’s Termination of Service.
Unexercised SARs that are vested shall terminate on the first to occur of the following:

     a. 5 p.m. on                     , 2016 (the period of time extending from the date of this
Agreement to such date being referred to herein as the “SARs Period”);

     b. 5 p.m. on the date that is twenty four (24) months following the Participant’s
Termination of Service due to Retirement;

     c. 5 p.m. on the date that is twelve (12) months following the Participant’s
Termination of Service due to death or Total and Permanent Disability; or

     d. 5 p.m. on the date of the Participant’s Termination of Service for any reason not
otherwise specified in this Section 5.

     6. Exercise and Payment. The Participant may exercise vested SARs at any time prior
to the termination of the SARs in accordance with Section 5 above by the delivery of
written notice to the Committee setting forth the number of vested shares of Stock Appreciation
Rights which are to be exercised and the date of exercise thereof (the “Exercise Date”) which shall
be a date not less than three (3) business days after giving such notice, unless an earlier date
and time shall have been mutually agreed upon. On the Exercise Date, the Company shall deliver to
the Participant the number of shares of Common Stock having an aggregate Fair Market Value, as of
the Exercise Date equal to the excess (if any) of (i) the Fair Market Value as of the Exercise Date
of a share of Common Stock over (ii) the SAR Price of a share specified in this Agreement,
multiplied by the total number of shares of SARs being exercised.

     7. No Fractional Shares. SARs may be exercised only with respect to full shares, and
no fractional share of stock shall be issued.

     8. Who May Exercise. Subject to the terms and conditions set forth in Sections 4
and 5 above, during the lifetime of the Participant, SARs may only be exercised by the
Participant or his guardian or legal representative. If the Participant dies prior to the dates
specified in Section 5 above without having exercised all of his or her then-vested SARs as
of his or her date of death, then the following persons may exercise the exercisable portion of the
SARs on behalf of the Participant at any time prior to the earliest of the dates specified in
Section 5 hereof: the personal representative of his or her estate or any person who
acquired the right to exercise the SARs by bequest or inheritance or by reason of the death of the
Participant; provided that the SARs shall remain subject to the other terms of this Agreement, the
Plan and all applicable laws, rules, and regulations.

     9. Non-Assignability. The Stock Appreciation Rights granted under this Agreement, and
any interest in or right associated with such Stock Appreciation Rights, are not assignable or
transferable by the Participant except by will or by the laws of descent and distribution.

     10. Spouse Bound. The spouse of the Participant individually is bound by, and such
spouse’s interest, if any, in any Awarded Shares is subject to, the terms of this Agreement.

     11. Specific Performance. The parties acknowledge that remedies at law will be
inadequate remedies for breach of this Agreement and consequently agree that this Agreement shall
be enforceable by specific performance. The remedy of specific performance shall be cumulative of
all of the rights and remedies at law or in equity of the parties under this Agreement.

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     12. No Rights as Shareholder. The Participant will have no rights as a shareholder of
the Company with respect to any shares of Stock Appreciation Rights.

     13. Adjustment of Number of Shares and Related Matters. The number of shares of
Common Stock covered by the SARs, and the SAR Price thereof, shall be subject to adjustment in
accordance with Articles 11-13 of the Plan and Section 21 below.

     14. Participant’s Acknowledgments. The Participant acknowledges that a copy of the
Plan has been made available for his review by the Company, and represents that he or she is
familiar with the terms and provisions thereof, and hereby accepts the SARs subject to all the
terms and provisions thereof. The Participant hereby agrees to accept as binding, conclusive, and
final all decisions or interpretations of the Committee or the Board, as appropriate, upon any
questions arising under the Plan or this Agreement.

     15. Law Governing. This Agreement shall be governed by, construed, and enforced in
accordance with the laws of the State of Texas (excluding any conflict of laws rule or principle of
Texas law that might refer the governance, construction, or interpretation of this agreement to the
laws of another state).

     16. No Right to Continue Service or Employment. Nothing herein shall be construed to
confer upon the Participant the right to continue in the employ or to provide services to the
Company or any Subsidiary or interfere with or restrict in any way the right of the Company or any
Subsidiary to discharge the Participant as an Employee at any time.

     17. Legal Construction. In the event that any one or more of the terms, provisions,
or agreements that are contained in this Agreement shall be held by a Court of competent
jurisdiction to be invalid, illegal, or unenforceable in any respect for any reason, the invalid,
illegal, or unenforceable term, provision, or agreement shall not affect any other term, provision,
or agreement that is contained in this Agreement and this Agreement shall be construed in all
respects as if the invalid, illegal, or unenforceable term, provision, or agreement had never been
contained herein.

     18. Covenants and Agreements as Independent Agreements. Each of the covenants and
agreements that is set forth in this Agreement shall be construed as a covenant and agreement
independent of any other provision of this Agreement. The existence of any claim or cause of
action of the Participant against the Company, whether predicated on this Agreement or otherwise,
shall not constitute a defense to the enforcement by the Company of the covenants and agreements
that are set forth in this Agreement.

     19. Entire Agreement. This Agreement together with the Plan supersede any and all
other prior understandings and agreements, either oral or in writing, between the parties with
respect to the subject matter hereof and constitute the sole and only agreements between the
parties with respect to the said subject matter. All prior negotiations and agreements between the
parties with respect to the subject matter hereof are merged into this Agreement. Each party to
this Agreement acknowledges that no representations, inducements, promises, or agreements, orally
or otherwise, have been made by any party or by anyone acting on behalf of any party, which are not
embodied in this Agreement or the Plan and that any agreement, statement or promise that is not
contained in this Agreement or the Plan shall not be valid or binding or of any force or effect.

     20. Parties Bound. The terms, provisions, and agreements that are contained in this
Agreement shall apply to, be binding upon, and inure to the benefit of the parties and their
respective heirs, executors, administrators, legal representatives, and permitted successors and
assigns, subject to the limitation on assignment expressly set forth herein.

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     21. Modification. No change or modification of this Agreement shall be valid or
binding upon the parties unless the change or modification is in writing and signed by the parties;
provided, however, that the Company may change or modify the terms of this Agreement, including,
without limitation, the SAR Price, without the Participant’s consent or signature if the Company
determines, in its sole discretion, that such change or modification is necessary for purposes of
compliance with or exemption from the requirements of Section 409A of the Code or any regulations
or other guidance issued thereunder. Notwithstanding the preceding sentence, the Company may amend
the Plan or revoke the SARs to the extent permitted by the Plan.

     22. Headings. The headings that are used in this Agreement are used for reference and
convenience purposes only and do not constitute substantive matters to be considered in construing
the terms and provisions of this Agreement.

     23. Gender and Number. Words of any gender used in this Agreement shall be held and
construed to include any other gender, and words in the singular number shall be held to include
the plural, and vice versa, unless the context requires otherwise.

     24. Notice. Any notice required or permitted to be delivered hereunder shall be
deemed to be delivered only when actually received by the Company or by the Participant, as the
case may be, at the addresses set forth below, or at such other addresses as they have theretofore
specified by written notice delivered in accordance herewith:

     a. Notice to the Company shall be addressed and delivered as follows:

Commercial Metals Company

6565 N. MacArthur, Suite 800

Irving, Texas 75039

Attention: Secretary

Facsimile: (214) 689-4326

     b. Notice to the Participant shall be addressed and delivered as set forth on the
signature page.

     25. Tax Requirements. The Participant is hereby advised to consult immediately with
his or her own tax advisor regarding the tax consequences of this Agreement, including without
limitation, any possible tax consequences of this Agreement in connection with Section 409A of the
Code. The Company or, if applicable, any Subsidiary (for purposes of this Section 25, the
term “Company” shall be deemed to include any applicable Subsidiary), shall have the right to
require the Participant receiving shares of Common Stock issued under the Plan to pay the Company
the amount of any taxes that the Company is required to withhold in connection with the
Participant’s income arising with respect to this Award. Such payments shall be required to be
made when requested by the Company and shall be required to be made prior to the delivery of any
certificate representing shares of Common Stock. Such payment may be made in cash, by check, or,
to the extent permitted by the Committee, through the delivery of shares of Common Stock owned by
the Participant (which may be effected by the actual delivery of shares of Common Stock by the
Participant or, with the Committee’s approval, by the Company’s withholding a number of shares to
be issued upon the exercise of a SAR, if applicable), which shares have an aggregate Fair Market
Value equal to the required minimum withholding payment, or any combination thereof.

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     IN WITNESS WHEREOF, the Company has caused this Agreement to be executed by its duly
authorized officer, and the Participant, to evidence his or her consent and approval of all the
terms hereof, has duly executed this Agreement, as of the date specified in Section 1
hereof.

	 	 	 	 	 
	 	COMPANY:

COMMERCIAL METALS COMPANY

Murray R. McClean

President & Chief Executive Officer

PARTICIPANT:

 	 
	 	
 	 
	 	Signature 	 
	 	Name (print): 	 	 
	 	Address: 	 	 
	 	 	 	 
	 	 	 	 
	 

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