Document:

exv4w21

Exhibit 4.21

CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN PORTIONS OF THIS AGREEMENT.
CONFIDENTIAL PORTIONS HAVE BEEN OMITTED AND FILED SEPARATELY WITH THE U.S. SECURITIES AND EXCHANGE
COMMISSION.

Industrials & Materials

Level 3, 275 Kent Street

Sydney NSW 2000

Tel: (02) 8254 8812

Fax: (02) 8254 6968

23 December 2009

Sims Metal Management Limited

Suite 1202, Level 12

65 Berry Street

NORTH SYDNEY NSW 2060

Attention: Mr Peter Ricketts

Variation to Multicurrency Cash Advance Facility

Westpac Banking Corporation (Westpac) proposes to vary its facility currently available to
Sims Group Australia Holdings Limited ABN 37 008 634 526 and each of the entities listed in
Schedule I (each, an Undertaking Company) on the terms set out in Westpac’s agreement dated 1
November 2000, as amended (the Agreement).

The amendments needed to document the varied facility are set out below.

Please confirm each Undertaking Company’s acceptance of these amendments by signing the
accompanying copy of this letter and returning it to us before 25 December 2009.

Capitalised terms defined in the Agreement and the Standard Terms have the same meanings when used
in this letter.

This letter is a Bank Document for the purposes of the Standard Terms.

1. Amendments

The Agreement is amended by deleting the definitions of “Term”, “Margin” and “Line Fee” and
replacing them with the following:

	 	 	 

	Term:

	 	Until 1 August 2011 or as otherwise agreed (the Term).

[*] Confidential Treatment Requested

 

 

	 	 	 	 	 

	Margin	 	The Margin is payable on outstandings drawn under the facility and will
vary as set out in the following grid.
	 	 	(The calculation and definition of the Total Finance Debt/Gross EBITDA
multiple is set out in the Standard Terms).
	 
	 	 	 	 
	 

	 	Ratio of Total Finance Debt
	 	 
	 

	 	/Gross EBITDA =	 	Margin
	 

	 	[*]
	 	[*]
	 
	 	 	 	 
	LineFee	 	Calculated as a percentage per annum of the daily amount of the undrawn
Commitment at the rate of [*] of the Margin. It is payable quarterly in
arrears on the last Business Day of each calendar quarter, and on the last
day of the Term (or at any other intervals designated by Westpac from
time to time). If the Commitment is cancelled or reduced in the quarter the
relevant amount of fee is not refundable.

2. General

Conditions Precedent

Before the variations referred to above become effective, the Undertaking Companies and Guarantors
must:

	•	 	sign by two authorised officers of the Undertaking Companies and the Guarantors and return a copy of this letter; and
	 
	•	 	[*]

References to Agreement

Any reference in the Agreement to the Agreement includes a reference to the Agreement as varied by
this letter or as further varied from time to time.

Confirmation of Agreement

Other than set out in this letter, the Agreement remains unchanged.

Confirmation by Guarantors

Each Guarantor confirms that:

	•	 	It agrees to the amendment to the Agreement referred to in this letter;

[*] Confidential Treatment Requested

 

 

	•	 	This amendment does not in any way release, reduce or limit its liability and obligations to
Westpac under the Group Guarantee dated 15 November 2000 between (amongst others) it and Westpac
(the “Group Guarantee”);
	 
	•	 	The Group Guarantee remains a valid obligation binding on it to pay amongst other things and
according to its terms, all moneys due and payable from time to time to Westpac under the Agreement
and Standard Terms as varied from time to time;
	 
	•	 	Westpac is under no obligation to advise it of any further variation to the Agreement as a result
of having requested this confirmation; and
	 
	•	 	This confirmation is binding on it irrespective of whether all Guarantors sign or whether the
statements are true in respect of each other Guarantor.

Governing law and Jurisdiction

This letter is governed by New South Wales law. Each Undertaking Company accepts the nonexclusive
jurisdiction of the courts having jurisdiction there.

Schedule 1 — Undertaking Companies

	 	 	 

	Name of company

	 	ABN/ARB/ place of incorporation
	Sims Group Australia Holdings Limited

	 	37 008 634 526
	Sims Metal Management Limited

	 	69 114 838 630
	Sims Group UK Limited

	 	UK 3242331
	Sims Group UK Holdings Limited

	 	UK 2904307
	Mirec BV

	 	Holland 17073024
	Sims Recycling Solutions AB

	 	Sweden
	Sims Group USA Corporation

	 	Delaware
	Sims Group Global Trade Corporation

	 	Delaware
	North Carolina Resource Conservation LLC

	 	North Carolina
	Sims Group USA Holdings Corporation

	 	Delaware
	Schiabo Larovo Corporation

	 	Delaware
	Simsmetal East LLC

	 	Delaware
	Simsmetal West LLC

	 	Delaware
	Metal Management, Inc.

	 	Delaware
	Metal Management Alabama, Inc.

	 	Delaware
	Metal Management Arizona, L.L.C.

	 	Arizona
	Metal Management Connecticut, Inc.

	 	Delaware
	Metal Management Memphis, L.L.C.

	 	Tennessee
	Metal Management Midwest, Inc.

	 	Illinois
	Metal Management Mississippi, Inc.

	 	Delaware
	Metal Management Northeast, Inc.

	 	New Jersey
	Metal Management Ohio, Inc.

	 	Ohio
	Metal Management West, Inc.

	 	Colorado
	Proler Southwest LP

	 	Texas
	Metal Dynamics Detroit LLC

	 	Delaware

[*] Confidential Treatment Requested

 

 

Schedule 2 — Guarantors

	 	 	 

	Name of Company

	 	ACN/ARBN
	Sims Group Australia Holdings Limited

	 	37 008 634 526
	Sims Metal Management Limited

	 	69 114 838 630
	Simsmetal Holdings Pty Limited

	 	97 000 021 563
	Simsmetal Services Pty Limited

	 	76 000 166 987
	Sims Manufacturing Pty Limited

	 	13 004 332 870
	Sims Industrial Pty Limited

	 	95 000 090 479
	Sims Energy Pty Limited

	 	42 009 667 752
	Sims Group UK Limited

	 	UK 3242331
	Sims Group UK Holdings Limited

	 	UK 2904307
	Mirec BV

	 	Holland 17073024
	Sims Recycling Solutions AB

	 	Sweden
	Simsmetal Industries Limited

	 	New Zealand
	Sims M+R GmbH

	 	Germany
	Sims Group German Holdings GmbH

	 	Germany
	Sims Asia Holdings Limited

	 	Hong Kong
	Sims Group Recycling Solutions Canada Ltd

	 	Canada
	Sims Group Canada Holdings Limited

	 	Canada
	Sims Group USA Corporation

	 	Delaware
	Sims Group Global Trade Corporation

	 	Delaware
	North Carolina Resource Conservation, LLC

	 	North Carolina
	Sims Group USA Holdings Corporation

	 	Delaware
	SHN Co., LLC

	 	Delaware
	HNE Recycling LLC

	 	Delaware
	HNW Recycling LLC

	 	Delaware
	Schiabo Larovo Corporation

	 	Delaware
	Simsmetal East LLC

	 	Delaware
	Simsmetal West LLC

	 	Delaware
	Sims Recycling Solutions, Inc.

	 	Illinois
	Sims Group Recycling Solutions USA Corporation

	 	Delaware
	United Refining & Smelting Co.

	 	Illinois
	Metal Management, Inc.

	 	Delaware
	CIM Trucking, Inc.

	 	Illinois
	Metal Management Alabama, Inc.

	 	Delaware
	Metal Management Arizona, L.L.C.

	 	Arizona
	Metal Management Connecticut, Inc.

	 	Delaware
	Metal Management Indiana, Inc.

	 	Illinois
	Metal Management Memphis, L.L.C.

	 	Tennessee
	Metal Management Midwest, Inc.

	 	Illinois
	Metal Management Mississippi, Inc.

	 	Delaware
	Metal Management New Haven, Inc.

	 	Delaware
	Metal Management Northeast, Inc.

	 	New Jersey
	Metal Management Ohio, Inc.

	 	Ohio
	Metal Management Pittsburgh, Inc.

	 	Delaware
	Metal Management Proler Southwest, Inc.

	 	Delaware

[*] Confidential Treatment Requested

 

 

	 	 	 

	Name of Company

	 	ACN/ARBN
	Metal Management S&A Holdings, Inc.

	 	Delaware
	Metal Management West Coast Holdings, Inc.

	 	Delaware
	Metal Management West, Inc.

	 	Colorado
	MM Metal Dynamics Holdings, Inc.

	 	Delaware
	Naporano Iron & Metal, Inc.

	 	Delaware
	New York Recycling Ventures, Inc.

	 	Delaware
	Proler Southwest GP, Inc.

	 	Delaware
	Proler Southwest LP

	 	Texas
	Reserve Iron & Metal Limited Partnership

	 	Delaware
	Metal Dynamics LLC

	 	Delaware
	Metal Dynamics Detroit LLC

	 	Delaware
	Metal Dynamics Indianapolis LLC

	 	Delaware
	Sims Municipal Recycling of New York LLC
	 	 

Signed for Westpac Banking Corporation by its authorised officer

[*] Confidential Treatment Requested

 

 

Accepted and agreed for and on behalf of the Undertaking Companies

Sims Group Australia Holdings Limited ABN 37 008 634 526

Sims Metal Management Limited ACN 114 838 630

Sims Group UK Limited

Sims Group UK Holdings Limited

Mirec BV

Sims Recycling Solutions AB

Sims Group USA Corporation

Sims Group Global Trade Corporation

North Carolina Resource Conservation LLC

Sims Group USA Holdings Corporation

Schiabo Larovo Corporation

Simsmetal East LLC

Simsmetal West LLC

Metal. Management, Inc.

Metal Management Alabama, Inc.

Metal Management Arizona, L.L.C.

Metal Management Connecticut, Inc.

Metal Management Memphis, L.L.C.

Metal Management Midwest, Inc.

Metal Management Mississippi, Inc.

Metal Management Northeast, Inc.

Metal Management Ohio, Inc.

Metal Management West, Inc.

Proler Southwest LP

Metal Dynamics Detroit LLC

By its authorised officers

	 	 	 	 	 	 	 	 	 

	 	 	 	 	 	 	 
	authorised officer	 	 	 	authorised officer	 	 
	 
	 	 	 	 	 	 	 	 
	Name Peter Ricketts	 	 	 	Name	 	 
	 
	 	 	 	 	 	 	 	 
	Title	 	Group Senior Vice President	 	Title	 	 
	 	 	Treasury Financial Strategy and Planning	 	 	 	 

[*] Confidential Treatment Requested

 

 

Accepted and agreed for and on behalf of the Guarantors

Sims Group Australia Holdings Limited

Sims Metal Management Limited ACN 114 838 630

Simsmetal Holdings Pty Limited

Simsmetal Services Pty Limited

Sims Manufacturing Pty LimitedSims Industrial Pty Limited

Sims Energy Pty Limited

Sims Group UK Limited

Sims Group UK Holdings Limited

Mirec BY

Sims Recycling Solutions AB

Simsmetal Industries Limited

Sims M+R GmbH

Sims Group German Holdings GmbH

Sims Asia Holdings Limited

Sims Group Recycling Solutions Canada Ltd

Sims Group Canada Holdings Limited

Sims Group USA Corporation

Sims Group Global Trade Corporation

North Carolina Resource Conservation, LLC

Sims Group USA Holdings Corporation

SHIN Co., LLC

HNE Recycling LLC

HNW Recycling LLC

Schiabo Larovo Corporation

Simsmetal East LLC

Simsmetal West LLC

Sims Recycling Solutions, Inc.

Sims Group Recycling Solutions USA Corporation

United Refining & Smelting Co.

Metal Management, Inc.

CIM Trucking, Inc.

Metal Management Alabama, Inc.

Metal Management Arizona, L.L.C.

Metal Management Connecticut, Inc.

Metal Management Indiana, Inc.

Metal Management Memphis, L.L.C.

Metal Management Midwest, Inc.

Metal Management Mississippi, Inc.

Metal Management New Haven, Inc.

Metal Management Northeast, Inc.

Metal Management Ohio, Inc.

Metal Management Pittsburgh, Inc.

Metal Management Proler Southwest, Inc.

Metal Management S&A Holdings, Inc.

Metal Management West Coast Holdings, Inc.

[*] Confidential Treatment Requested

 

 

Metal Management West, Inc.

MM Metal Dynamics Holdings, Inc.

Naporano Iron & Metal, Inc.

New York Recycling Ventures, Inc.

Proler Southwest GP, Inc.

Proler Southwest LP

Reserve Iron & Metal Limited Partnership Metal Dynamics LLC

Metal Dynamics Detroit LLC

Metal Dynamics Indianapolis LLC

Sims Municipal Recycling of New York LLC

By its authorised officers

	 	 	 	 	 	 	 	 	 

	 	 	 	 	 	 	 
	authorised officer	 	 	 	authorised officer	 	 
	 
	 	 	 	 	 	 	 	 
	Name Peter Ricketts	 	 	 	Name	 	 
	 
	 	 	 	 	 	 	 	 
	Title	 	Group Senior Vice President	 	Title	 	 
	 	 	Treasury Financial Strategy and Planning	 	 	 	 

[*] Confidential Treatment Requestedexv4w22

Exhibit 4.22

CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN PORTIONS OF THIS AGREEMENT.
CONFIDENTIAL PORTIONS HAVE BEEN OMITTED AND FILED SEPARATELY WITH THE U.S.
SECURITIES AND EXCHANGE COMMISSION.

	 	 	 	 	 

	 	 	Westpac Institutional Banking
	 	 	Level 3, 275 Kent Street
	 	 	SYDNEY NSW 2000
	 

	 	Phone:
	 	(02) 8254 8812
	 

	 	Fax:
	 	(02) 8254 8999

20 July 2010

Sims Metal Management Limited

Suite 1202, Level 12

65 Berry Street

North Sydney NSW 2060

Attention: Peter Ricketts

Variation to Cash Advance Facility for the Sims Group

Westpac Banking Corporation (Westpac) proposes to further vary its facility currently
available to Sims Metal Management Limited ACN 114 838 630 (Sims) and its subsidiaries listed in
Schedule 1 (together the Undertaking Companies) on the terms set out in Westpac’s agreement dated 1
November 2000, as amended (the Agreement), and the Standard Terms dated 2 November 2009, as amended
(the Standard Terms).

The amendments needed to document the varied facility are set out below.

Please confirm the Undertaking Companies’ acceptance of these amendments by signing the
accompanying copy of this letter and arranging for it to be signed also by the companies listed in
Schedule 2 (together the Guarantors) and returning it to us within 30 days of the date of this
letter or such later date as Westpac may agree in writing.

Capitalised terms defined in the Agreement and the Standard Terms have the same meanings when used
in this letter.

This is a Bank Document for the purposes of the Standard Terms.

1. Amendments

In the Agreement, the following sections of the Facility Details replace the equivalent
existing sections:

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	Maximum amount outstanding at any time

	 	Tranche A: $250,000,000 (as reduced, the Tranche A Commitment).

Tranche B: $150,000,000 (as reduced, the Tranche B Commitment),
(together the Commitment).
	 
	 	 
	 

	 	Sims Metal Management Limited may cancel all or part of the undrawn Tranche A
Commitment or Tranche B Commitment on 20 Business Days’ Notice to Westpac. The
Commitment will be automatically cancelled on the last day of the Term or as
otherwise agreed in writing by Westpac and Sims.
	 
	 	 
	Margin

	 	The Margin is payable on outstandings drawn under the facility and will
vary as set out in the following grid.
	 
	 	 
	 

	 	(The calculation and definition of the Finance Debt/EBITDA multiple is set out
in the Standard Terms).

	 	 	 	 	 	 	 	 	 
	Finance Debt/	 	Tranche A	 	 	Tranche B	 
	EBITDA =	 	Margin	 	 	Margin	 
	[*]
	 	 	[*]	 	 	 	[*]	 

	 	 	 

	 

	 	The amendments to the Margin contained in the grid set out above will take
effect when the conditions precedent set out below are satisfied.
	 
	 	 
	 

	 	Any adjustment to the Margin according to the grid set out above following a
change in the Finance Debt/EBITDA multiple will be effective from the beginning
of the first interest period which commences on a date following the delivery of
a compliance certificate under clause 4(a)(ii) of the Standard Terms. The
adjusted Margin will apply until a subsequent compliance certificate discloses a
change in the Finance Debt/EBITDA multiple.
	 
	 	 
	Undrawn Line Fee

	 	Calculated as a percentage per annum of the daily amount of the undrawn Tranche
A Commitment and the undrawn Tranche B Commitment as set out below. It is
payable quarterly in arrears on the last Business Day of each calendar quarter,
and on the last day of the Term (or at any other intervals designated by Westpac
from time to time). If the Commitment is cancelled or reduced in the calendar
quarter the relevant amount of fee is not refundable.
	 
	 	 
	 

	 	(The calculation and definition of the Finance Debt/EBITDA multiple is set out
in the Standard Terms).
	 
	 	 
	 

	 	Tranche A Commitment:
	 
	 	 
	 

	 	[*] of the applicable Margin.
	 
	 	 
	 

	 	Tranche B Commitment:
	 
	 	 
	 

	 	[*] of the applicable Margin.
	 
	 	 
	Term

	 	For Tranche A and Tranche B until 1 August 2011 or as otherwise agreed (the
Term).

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2. General

Conditions Precedent

Before the amendments referred to above become effective Westpac must confirm in writing that
the following conditions precedent have been satisfied:

	 	•	 	the Undertaking Companies and the Guarantors must sign and return a copy of this
agreement; and
	 
	 	•	 	[*]

References to Agreement

Any reference in the Agreement or the Standard Terms to the Agreement includes a reference to
the Agreement as amended by this letter or as further varied from time to time.

Confirmation of Agreement

Other than set out in this letter, the Agreement remains unchanged.

Confirmation by SMM — North America Trade Corporation

SMM — North America Trade Corporation acknowledges that it is bound by the Standard Terms as
an Undertaking Company and consents to the amendments to the Standard Terms by the Variation to
Standard Terms dated 2 November 2009 (the Variation). Any reference to “Sims — North America Trade
Corporation” in the Variation is a reference to SMM — North America Trade Corporation.

Confirmation by Guarantors

Each Guarantor confirms that:

	•	 	It agrees to the amendments to the Agreement referred to in this letter;
	 
	•	 	The amendments do not in any way release, reduce or limit its liability and obligations to
Westpac under the Group Guarantee dated 15 November 2000 between (amongst others) it and
Westpac (the “Group Guarantee”);
	 
	•	 	The Group Guarantee remains a valid obligation binding on it to pay amongst other things
and according to its terms, all moneys due and payable from time to time to Westpac under the
Agreement and Standard Terms as varied from time to time;
	 
	•	 	Westpac is under no obligation to advise it of any further variation to the Agreement as a
result of having requested this confirmation; and
	 
	•	 	This confirmation is binding on it irrespective of whether all Guarantors sign or whether
the statements are true in respect of each other Guarantor.

Governing law and Jurisdiction

This letter is governed by New South Wales law. The Undertaking Companies and Guarantors
accept the non-exclusive jurisdiction of the courts having jurisdiction there.

[*] Confidential Treatment Requested

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Schedule 1

	 	 	 
	 	 	ACN/ARBN/Registered Number/Place of
	Name of Undertaking Company	 	Incorporation
	Sims Group Australia Holdings Limited

	 	008 634 526
	Sims Group UK Limited

	 	UK 3242331
	Sims Group UK Holdings Limited

	 	UK 2904307
	Mirec BV

	 	The Netherlands 17073024
	Sims Recycling Solutions AB

	 	Sweden
	Sims Group USA Corporation

	 	Delaware
	Sims Group Global Trade Corporation

	 	Delaware
	North Carolina Resource Conservation, LLC

	 	North Carolina
	Sims Group USA Holdings Corporation

	 	Delaware
	Schiabo Larovo Corporation

	 	Delaware
	Simsmetal East LLC

	 	Delaware
	Simsmetal West LLC

	 	Delaware
	Metal Management, Inc.

	 	Delaware
	Metal Management Alabama, Inc.

	 	Delaware
	Metal Management Arizona, L.L.C.

	 	Arizona
	Metal Management Connecticut, Inc.

	 	Delaware
	Metal Management Memphis, L.L.C.

	 	Tennessee
	Metal Management Midwest, Inc.

	 	Illinois
	Metal Management Mississippi, Inc.

	 	Delaware
	Metal Management Northeast, Inc.

	 	New Jersey
	Metal Management Ohio, Inc.

	 	Ohio
	Metal Management West, Inc.

	 	Colorado
	Proler Southwest LP

	 	Texas
	Metal Dynamics Detroit LLC

	 	Delaware

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Schedule 2

	 	 	 
	 	 	ACN/ARBN/Registered Number/Place of
	Name of Guarantor	 	Incorporation
	Sims Group Australia Holdings Limited

	 	008 634 526
	Sims Metal Management Limited

	 	114 838 630
	Simsmetal Holdings Pty Limited

	 	000 021 563
	Simsmetal Services Pty Limited

	 	000 166 987
	Sims Manufacturing Pty Limited

	 	004 332 870
	Sims Industrial Pty Limited

	 	000 090 479
	Sims Energy Pty Limited

	 	009 667 752
	Sims Group UK Limited

	 	UK 3242331
	Sims Group UK Holdings Limited

	 	UK 2904307
	Mirec BV

	 	The Netherlands 17073024
	Sims Recycling Solutions AB

	 	Sweden
	Simsmetal Industries Limited

	 	New Zealand
	Sims M+R GmbH

	 	Germany
	Sims Group German Holdings GmbH

	 	Germany
	Sims Metal Management Asia Limited (formerly
known as Sims Asia Holdings Limited)

	 	Hong Kong
	Sims Group Recycling Solutions Canada Ltd.

	 	Canada
	Sims Group Canada Holdings Limited

	 	Canada
	Sims Group USA Corporation

	 	Delaware
	Sims Group Global Trade Corporation

	 	Delaware
	North Carolina Resource Conservation, LLC

	 	North Carolina
	Sims Group USA Holdings Corporation

	 	Delaware
	SHN Co., LLC

	 	Delaware
	HNE Recycling LLC

	 	Delaware
	HNW Recycling LLC

	 	Delaware
	Schiabo Larovo Corporation

	 	Delaware
	Simsmetal East LLC

	 	Delaware
	Simsmetal West LLC

	 	Delaware

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	 	 	ACN/ARBN/Registered Number/Place of
	Name of Guarantor	 	Incorporation
	Sims Recycling Solutions Holdings Inc.
(formerly known as Sims Recycling Solutions,
Inc.)

	 	Illinois
	SMM — North America Trade Corporation
(formerly known as Metal Management S&A
Holdings, Inc.)

	 	Delaware
	Sims Recycling Solutions, Inc. (formerly
known as United Refining & Smelting Co)

	 	Illinois
	Metal Management, Inc.

	 	Delaware
	CIM Trucking, Inc.

	 	Illinois
	Metal Management Alabama, Inc.

	 	Delaware
	Metal Management Arizona, L.L.C.

	 	Arizona
	Metal Management Connecticut, Inc.

	 	Delaware
	Metal Management Indiana, Inc.

	 	Illinois
	Metal Management Memphis, L.L.C.

	 	Tennessee
	Metal Management Midwest, Inc.

	 	Illinois
	Metal Management Mississippi, Inc.

	 	Delaware
	Metal Management New Haven, Inc.

	 	Delaware
	Metal Management Northeast, Inc.

	 	New Jersey
	Metal Management Ohio, Inc.

	 	Ohio
	Metal Management Pittsburgh, Inc.

	 	Delaware
	Metal Management Proler Southwest, Inc.

	 	Delaware
	Metal Management West Coast Holdings, Inc.

	 	Delaware
	Metal Management West, Inc.

	 	Colorado
	MM Metal Dynamics Holdings, Inc.

	 	Delaware
	Naporano Iron & Metal, Inc.

	 	Delaware
	New York Recycling Ventures, Inc.

	 	Delaware
	Proler Southwest GP, Inc.

	 	Delaware
	Proler Southwest LP

	 	Texas
	Reserve Iron & Metal Limited Partnership

	 	Delaware
	Metal Dynamics LLC

	 	Delaware
	Metal Dynamics Detroit LLC

	 	Delaware
	TH Properties LLC (formerly known as Metal 

Dynamics Indianapolis LLC)

	 	Delaware
	Sims Municipal Recycling of New York LLC

	 	Delaware

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	Westpac
	 	 
	 
	 	 
	Signed for Westpac Banking Corporation by its attorney
	 	
	 
	 	 
	 

Name:

	 	 
	Title:
	 	 

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Guarantors and Undertaking Companies

	 	 	 
	Accepted and agreed
for and on behalf of:
	 	 
	Sims Metal Management Limited ACN 114 838 630
	 	 
	 
	 	 
	 

	 	 
	Director

	 	Director/Secretary
	Name (please print)

	 	Name (please print)
	Date of acceptance:
	 	 

We confirm:

The Company is solvent. It is not prevented by Chapter 2E or any other provision of the
Corporations Act 2001 from entering into and performing the accepted agreement. We hold the offices
stated under our signatures. We am/are authorised to sign the accepted agreement.

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	Executed by
	 	 
	Schiabo Larovo Corporation
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

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	Executed by
	 	 
	Simsmetal East LLC
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

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	Executed by
	 	 
	Simsmetal West LLC
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

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	Executed by
	 	 
	Metal Management, Inc.
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

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	Executed by
	 	 
	Metal Management Alabama, Inc.
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

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	Executed by
	 	 
	Metal Management Arizona, L.L.C.
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

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	Executed by
	 	 
	Metal Management Connecticut, Inc.
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

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	Executed by
	 	 
	Metal Management Memphis, L.L.C.
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

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	Executed by
	 	 
	Metal Management Midwest, Inc.
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

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	Executed by
	 	 
	Metal Management Mississippi, Inc.
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

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	Executed by
	 	 
	Metal Management Northeast, Inc.
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

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	Executed by
	 	 
	Metal Management Ohio, Inc.
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

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	Executed by
	 	 
	Metal Management West, Inc.
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 21

 

	 	 	 

	Executed by
	 	 
	Proler Southwest LP
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 22

 

	 	 	 

	Executed by
	 	 
	Metal Dynamics Detroit LLC
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 23

 

	 	 	 	 	 

	Executed by
	 	 	 	 
	Simsmetal Industries Limited
	 	 	 	 
	by its directors:
	 	 	 	 
	 
	 	 	 	 
	 

Signature of director

	 	 

Signature of director
	 	 
	 
	 	 	 	 
	 

Name of director (please print)

	 	 

Name of director (please print)
	 	 

[*] Confidential Treatment Requested

Execution version

Page 24

 

	 	 	 	 	 

	Executed by 

Sims M+R GmbH
	 	 	 	 
	by its officer:
	 	 	 	 
	 
	 	 	 	 
	 

Signature of officer

	 	 

Signature of officer
	 	 
	 
	 	 	 	 
	 

Name of officer (please print)

	 	 

Name of officer (please print)
	 	 

[*] Confidential Treatment Requested

Execution version

Page 25

 

	 	 	 	 	 

	Executed by
	 	 	 	 
	Sims Group German Holdings GmbH
	 	 	 	 
	by its officer:
	 	 	 	 
	 
	 	 	 	 
	 

Signature of officer

	 	 

Signature of officer
	 	 
	 
	 	 	 	 
	 

Name of officer (please print)

	 	 

Name of officer (please print)
	 	 

[*] Confidential Treatment Requested

Execution version

Page 26

 

	 	 	 	 	 

	THE COMMON SEAL of
	 	 	 	 
	Sims Metal Management Asia Limited
	 	 	 	 
	(formerly known as Sims Asia Holdings Limited)
	 	 	 	 
	was affixed to this
document in the presence of:
	 	 	 	 
	 
	 	 	 	 
	 

Signature of officer

	 	 

Signature of officer
	 	 
	 
	 	 	 	 
	 

Name of officer (please print)

	 	 

Name of officer (please print)
	 	 

[*] Confidential Treatment Requested

Execution version

Page 27

 

	 	 	 

	Executed by
	 	 
	Sims Group Recycling Solutions Canada Ltd.
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 28

 

	 	 	 

	Executed by
	 	 
	Sims Group Canada Holdings Limited
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 29

 

	 	 	 

	Executed by
	 	 
	Sims Recycling Solutions Holdings Inc.
	 	 
	(formerly known as Sims Recycling Solutions, Inc).
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 30

 

	 	 	 

	Executed by
	 	 
	SMM — North America Trade Corporation
	 	 
	(formerly known as Metal Management S&A Holdings, Inc.)
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 31

 

	 	 	 

	Executed by
	 	 
	Sims Recycling Solutions, Inc.
	 	 
	(formerly known as United Refining & Smelting Co.)
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 32

 

	 	 	 

	Executed by
	 	 
	CIM Trucking, Inc.
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 33

 

	 	 	 

	Executed by
	 	 
	Metal Management Indiana, Inc.
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 34

 

	 	 	 

	Executed by
	 	 
	Metal Management New Haven, Inc.
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 35

 

	 	 	 

	Executed by
	 	 
	Metal Management Pittsburgh, Inc.
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 36

 

	 	 	 

	Executed by
	 	 
	Metal Management Proler Southwest, Inc.
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 37

 

	 	 	 

	Executed by
	 	 
	Metal Management West Coast Holdings, Inc.
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 38

 

	 	 	 

	Executed by
	 	 
	MM Metal Dynamics Holdings, Inc.
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 39

 

	 	 	 

	Executed by
	 	 
	Naporano Iron & Metal, Inc.
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 40

 

	 	 	 

	Executed by
	 	 
	New York Recycling Ventures, Inc.
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 41

 

	 	 	 

	Executed by
	 	 
	Proler Southwest GP, Inc.
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 42

 

	 	 	 

	Executed by
	 	 
	Reserve Iron & Metal Limited Partnership
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 43

 

	 	 	 

	Executed by
	 	 
	Metal Dynamics LLC
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 44

 

	 	 	 

	Executed by
	 	 
	TH Properties LLC (formerly known as
	 	 
	 Metal Dynamics Indianapolis LLC)
	 	 
	by its member: Metal Dynamics LLC
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 45

 

	 	 	 

	Executed by
	 	 
	Sims Municipal Recycling of New York LLC
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 46

 

	 	 	 	 	 

	Signed by
	 	 	 	 
	Sims Group Australia Holdings Limited
	 	 	 	 
	by a director and secretary/director:
	 	 	 	 
	 
	 	 	 	 
	 

Signature of director

	 	 

Signature of director/secretary
	 	 
	 
	 	 	 	 
	 

Name of director (please print)

	 	 

Name of director/secretary (please print)
	 	 

[*] Confidential Treatment Requested

Execution version

Page 47

 

	 	 	 	 	 

	Signed by
	 	 	 	 
	Simsmetal Holdings Pty Limited
	 	 	 	 
	by a director and secretary/director:
	 	 	 	 
	 
	 	 	 	 
	 

Signature of director

	 	 

Signature of director/secretary
	 	 
	 
	 	 	 	 
	 

Name of director (please print)

	 	 

Name of director/secretary (please print)
	 	 

[*] Confidential Treatment Requested

Execution version

Page 48

 

	 	 	 	 	 

	Signed by
	 	 	 	 
	Simsmetal Services Pty Limited
	 	 	 	 
	by a director and secretary/director:
	 	 	 	 
	 
	 	 	 	 
	 

Signature of director

	 	 

Signature of director/secretary
	 	 
	 
	 	 	 	 
	 

Name of director (please print)

	 	 

Name of director/secretary (please print)
	 	 

[*] Confidential Treatment Requested

Execution version

Page 49

 

	 	 	 	 	 

	Signed by
	 	 	 	 
	Sims Manufacturing Pty Limited
	 	 	 	 
	by a director and secretary/director:
	 	 	 	 
	 
	 	 	 	 
	 

Signature of director

	 	 

Signature of director/secretary
	 	 
	 
	 	 	 	 
	 

Name of director (please print)

	 	 

Name of director/secretary (please print)
	 	 

[*] Confidential Treatment Requested

Execution version

Page 50

 

	 	 	 	 	 

	Signed by
	 	 	 	 
	Sims Industrial Pty Limited
	 	 	 	 
	by a director and secretary/director:
	 	 	 	 
	 
	 	 	 	 
	 

Signature of director

	 	 

Signature of director/secretary
	 	 
	 
	 	 	 	 
	 

Name of director (please print)

	 	 

Name of director/secretary (please print)
	 	 

[*] Confidential Treatment Requested

Execution version

Page 51

 

	 	 	 	 	 

	Signed by
	 	 	 	 
	Sims Energy Pty Limited
	 	 	 	 
	by a director and secretary/director:
	 	 	 	 
	 
	 	 	 	 
	 

Signature of director

	 	 

Signature of director/secretary
	 	 
	 
	 	 	 	 
	 

Name of director (please print)

	 	 

Name of director/secretary (please print)
	 	 

[*] Confidential Treatment Requested

Execution version

Page 52

 

	 	 	 	 	 

	Signed by
	 	 	 	 
	Sims Group UK Limited
	 	 	 	 
	by a director and secretary/director:
	 	 	 	 
	 
	 	 	 	 
	 

Signature of director

	 	 

Signature of director/secretary
	 	 
	 
	 	 	 	 
	 

Name of director (please print)

	 	 

Name of director/secretary (please print)
	 	 

[*] Confidential Treatment Requested

Execution version

Page 53

 

	 	 	 	 	 

	Signed by
	 	 	 	 
	Sims Group UK Holdings Limited
	 	 	 	 
	by a director and secretary/director:
	 	 	 	 
	 
	 	 	 	 
	 

Signature of director

	 	 

Signature of director/secretary
	 	 
	 
	 	 	 	 
	 

Name of director (please print)

	 	 

Name of director/secretary (please print)
	 	 

[*] Confidential Treatment Requested

Execution version

Page 54

 

	 	 	 	 	 

	Signed by
	 	 	 	 
	Mirec BV
	 	 	 	 
	by a director and secretary/director:
	 	 	 	 
	 
	 	 	 	 
	 

Signature of director

	 	 

Signature of director/secretary
	 	 
	 
	 	 	 	 
	 

Name of director (please print)

	 	 

Name of director/secretary (please print)
	 	 

[*] Confidential Treatment Requested

Execution version

Page 55

 

	 	 	 	 	 

	Signed by
	 	 	 	 
	Sims Recycling Solutions AB
	 	 	 	 
	by a director and secretary/director:
	 	 	 	 
	 
	 	 	 	 
	 

Signature of director

	 	 

Signature of director/secretary
	 	 
	 
	 	 	 	 
	 

Name of director (please print)

	 	 

Name of director/secretary (please print)
	 	 

[*] Confidential Treatment Requested

Execution version

Page 56

 

	 	 	 

	Executed by
	 	 
	Sims Group USA Corporation
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 57

 

	 	 	 

	Executed by
	 	 
	Sims Group Global Trade Corporation
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 58

 

	 	 	 

	Executed by
	 	 
	North Carolina Resource Conservation LLC
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 59

 

	 	 	 

	Executed by
	 	 
	Sims Group USA Holdings Corporation
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 60

 

	 	 	 

	Executed by
	 	 
	SHN Co., LLC
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 61

 

	 	 	 

	Executed by
	 	 
	HNE Recycling LLC
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 62

 

	 	 	 

	Executed by
	 	 
	HNW Recycling LLC
	 	 
	by its officer:
	 	 
	 
	 	 
	 

Signature of officer

	 	 
	 
	 	 
	 

Name of officer (please print)

	 	 

[*] Confidential Treatment Requested

Execution version

Page 63

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00181-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00181-of-00352.parquet"}]]