Document:

exv10w76

Exhibit 10.76

AMENDMENT TO THE

EMPLOYMENT CONTRACT

BY AND BETWEEN THE UNDERSIGNED:

EURONEXT PARIS SA, having its administrative head office at 39, rue Cambon in PARIS (75001),
represented by Mr Luc Gillet, in his capacity as Human Resources Director

ON THE ONE HAND

AND:

Mr Roland
Gaston-Bellegarde, residing at,

ON THE OTHER HAND,

IT HAS BEEN AGREED AS FOLLOWS:

CLAUSE 1: TITLE — QUALIFICATION — RESPONSIBILITIES

Mr Roland Gaston-Bellegarde holds the position of Deputy Managing Director, with category H Senior
Executive status, under the authority of General Management.

CLAUSE 2: WORKING TIME

Starting on 1st January 2010, Mr Roland Gaston-Bellegarde shall no longer be subject to
the legal and regulatory provisions on working time, in accordance with Article L. 3112-2 of the
French Labour Code, having regard for the extent of his responsibilities, the substantial autonomy
he has in the fulfilment of his duties and the compensation awarded to him, which is among the
highest in the compensation systems in force in the Company.

If applicable, the annual closing of working time in number of days for the year 2009 shall be
made for the last time.

Mr Roland Gaston-Bellegarde shall keep the balance of working time reduction days (JRTT) earned as
at 31/12/2009, but no further working time reduction days shall be earned as of 1st
January 2010.

For the rest, the terms and conditions of performance of the initial contract entered into on 20
May 1986 and any amendments thereto shall remain unchanged.

Done in duplicate in Paris, on 16 October 2009

			
	On behalf of EURONEXT PARIS S.A.
	 	The Employee
	 
	      /s/ Luc Gillet
	 	/s/ Roland Gaston-Bellegarde

 

PARISBOURSE SA

S.B.F. / D.G.A.F. / D.R.II. / 2000- 5501.

INDIVIDUAL AGREEMENT ON ANNUAL WORKING TIME OF MIDDLE MANAGERS

	 	 	By and between:

	 	 	 	The SOCIÉTÉ DES BOURSES FRANÇAISES, having its administrative head office at 39
rue Cambon, Paris 75001, [APE code 671A, SIRET no. 34340673200168, URSSAF de
Paris), represented by Mr Patrick AMELINE, in his capacity as Human Resources
Director, hereinafter referred to as the Employer, on the one hand, and
	 
	 	 	 	Mr ROLAND GASTON-BELLEGARDE, born on,  residing at,
 hereinafter referred to as the Manager, on
the other hand.

	 	 	Whereas:

	 	 	 	The Manager was hired on 20/05/1986 and currently holds the position as Deputy
Managing Director in the DIR SEC DIR DES MARCHES unit of the DGMP/DIR DES MARCHES
department with managerial status. As such, he has held a position classified in
category H since 01/01/1994;
	 
	 	 	 	The Manager has received a basic annual salary of FRF 708,624 since 02/01/2000.
	 
	 	 	 	The Employer and the Manager acknowledge, by mutual agreement, that the nature of
the Manager’s activities and his contribution to the smooth running of the
company as well as the conditions in which he fulfils his duties are such that it
is not possible to predefine his working time within the framework of the
collective hours applicable in the Employer’s entity.

	 	 	Accordingly, and within the framework of the provisions of Article L.212-15-3 of the
French Labour Code and of Articles 9 to 9-2-5 of the collective labour agreement in
effect since 26 January 2000 and signed within the U.E.S. PARISBOURSE to enable
application of the industry-wide agreement relating to the negotiated reduction in
working time of 23 December 1999, it has been agreed as follows:

	 	1°) 	 	 The Manager acknowledges that his basic annual salary, on the date of
executing this agreement on annual working time, is compliant with the scale
provided for in Article 9-2-5 of the collective labour agreement in effect since
26 January 2000.
	 
	 	2°)  	 	Consequently, the Manager’s annual reference working time shall be 205 days per full
calendar year.
	 
	 	3°)  	 	The Manager’s pay slip, governed by an agreement on annual working
time, shall make reference to the applicable annual working time system. His
fixed salary shall henceforth be paid under the heading “FORFAIT” (annual
working time).
	 
	 	4°)  	 	It is stipulated for the record that the manager’s working time may be
spread out at the most, and subject to the provisions of the last subsection of
Article L.212-15-3 of the Labour Code, over 213 days in the year and in the
manner provided for by Article 9-2-3 of the collective labour agreement
effective since 26 January 2000. It may not exceed 6 days a week.
	 
	 	5°)  	 	It is also stipulated that Managers governed by an annual working time agreement shall
be entitled:

	 	•	 	to weekly rest of at least 24 hours;
	 
	 	•	 	to daily rest which may not, save exceptions, be less than 13 consecutive hours per
day;
	 
	 	•	 	to effective working time reduction.

	 	6°)  	 	The practical terms of counting days worked and of taking working time
reduction days off, and the conditions of checking, applying and monitoring the
length of workdays and the resulting workload are set by the collective labour
agreement effective since 26 January 2000
	 
	 	7°)  	 	The Manager governed by an agreement on annual working time shall
report, on a monthly basis, the number of days worked and not worked on the
attendance register that he shall sign and submit to his superior according to
the procedure in force at the Employer’s entity.

 

 

PARISBOURSESBFSA

	 	8°)  	 	This annual working time agreement shall amend the manager’s employment contract and shall,
as such, be a material clause thereof. Any subsequent proposed change to such system shall
thus comply with the same formalities.

	 	 	In Paris, in duplicate, on 1st July 2000.

	 	 	 
	The Employee:
	 	On behalf of the Employer:
	(write out by hand:	 	 
	Acknowledged and approved)	 	 
	[Acknowledged and approved]	 	 
	 	 	 
	/s/ Roland Gaston-Bellegarde       	 	 
	ROLAND GASTON-BELLEGARDE
	 	PATRICK AMELINE

Page 2

 

SBF  —  BOURSE DE PARIS

DIRECTION DES RESSOURCES HUMAINES

(Human Resources Department)

Mr Roland GASTON-BELLEGARDE

Markets Branch / Stock market dept.

DRH/GPFCI/IP/VP/

Paris, 18 March 1996

          Dear Sir,

          Following the annual individual reappraisals, I am delighted to inform you that,
on the proposal of your superiors, you are appointed Deputy Manager.

          Consequently, the title of your position shall be amended and shall now be
“Deputy Manager”.

          This decision shall apply as of 1st January 1996 and shall be stipulated on your
pay slip for March 1996.

          Furthermore, we have decided to raise the level of your salary and grant you an
individual pay rise effective as of 1st January 1996.

          Your gross annual salary is thus increased to FRF 450,000 (FRF 37,500 gross per
month), i.e. an increase in your gross annual salary of FRF 37,884 which represents a
9.19% rise. This measure shall apply with effect from 1st January 1996 and the
necessary adjustments shall thus be made on your pay slip for March 1996.

          We thank you for the contribution you made to our company in 1995 and
congratulate you on your appointment.

          Yours faithfully,

	 	 	 	 	 
	 	Human Resources Director

 	 
	 	 	 
	 	/s/ Patrick Ameline
 	 
	 	Patrick AMELINE 	 
	 

CC: Mr MORICE

       Mr SAMARAN

 

SBF  —  BOURSE DE PARIS

DIRECTION DES RESSOURCES HUMAINES

(Human Resources Department)

	 	 	 
	 

	 	Mr R. GASTON-BELLEGARDE
	 

	 	Stock Market Department
	DRH/GPFCI/IP/VP/
	 	 
	 

	 	Paris, 17 February 1994

          Dear Sir,

          I am pleased to you inform you that, at the request of your superior Mr SAMARAN, Head
of our Stock Market Department, and having regard for the recent responsibility you have
been given to oversee the newly created Market Control Unit of your Department, you are
appointed Department Head with Senior Executive status.

          Consequently, we have re-examined your classification and your salary.

          You will now be classified in the H category under our collective labour agreement.

          Your job title shall be amended and becomes “Department Head”.

          These decisions shall apply as of 1st January 1994 and shall be stipulated on your
pay slip for February 1994.

          Your gross annual salary is increased to FRF 348,876 (FRF 29,073 per month), i.e. a
14.81% rise. This measure will apply with effect from 1st January 1994 and the necessary
adjustments shall be made on your pay slip for February 1994.

          We thank you for the contribution you made to our company in 1993 and know we can
count on you in the future. We wish you all the best in your new position.

          Yours faithfully,

	 	 	 	 	 
	 	Human Resources Director

 	 
	 	p.p. 	Irène Pertus

Patrick AMELINE
	 	 

			
	CC:	 	Mr MORICE

Mr SAMARAN

 

 

SOCIETE DES BOURSES FRANÇAISES

BOURSE DE PARIS

DIRECTION DES RESSOURCES HUMAINES

(HUMAN RESOURCES DEPARTMENT)

	 	 	 
	 

	 	Mr Roland GASTON BELLEGARDE
	 
	 

	 	STOCK MARKET DEPARTMENT

State Reference                    DRH/PA/MP/ -

Your ref.

	 	 	 
	 

	 	Paris, 22 April 1991

Dear Sir,

On the proposal of your superiors, I am pleased to confirm that your job title has been
amended and shall now be “Expert engineer”.

Your gross annual salary shall be increased to FRF 265,000, i.e. FRF 22,083 per month,
starting on 1st June 1991.

We thank you for the contribution you made to our company in 1990 and know we can count on
you in the future.

Yours faithfully,

	 	 	 	 	 
	 	

Patrick AMELINE

Human Resources Director

 	 

 

 

	 	 	 	 	 

SOCIETE DES BOURSES FRANÇAISES

BOURSE DE PARIS

DIRECTION DU PERSONNEL ET

DE LA FORMATION

(PERSONNEL AND

TRAINING DEPT.)

	 	 	 
	 

	 	Mr GASTON BELLEGARDE
	 

	 	9 allée des Granges
	 
	 	 
	 

	 	91360 VILLEMOISSON SUR ORGE
	 
	 	 
	State reference: DPF/JG/MP/24
	 	 
	 
	 	 
	Your ref.:

	 	Paris, 25 May 1990

          Dear Sir,

          As your Supervisor has already told you, we have decided to change your
classification from category G to H.

          Your advance on profit-sharing for 1990 will amount to FRF 90,041, i.e.
FRF 7,503 per month.

          Consequently, your compensation for 1990, including your basic annual
salary calculated on the basis of this new classification and this advance on
profit-sharing, shall be no less than FRF 240,000.

          Applicable with effect from 1st January 1990, this decision was taken
into account in the adjustments made to your pay slip for March 1990.

          Furthermore, any subsequent general increase which may be decided in the
profession for 1990 shall apply to your basic monthly salary. However, any
such general increase will not apply to your advance on profit-sharing.

          Obviously, any remaining profit-sharing balance that may be granted to
you for 1990, once the amount of shares in profits is known for that year,
would be calculated with reference solely to your basic monthly salary and
after deduction of the advances on profit-sharing paid to you in the course
of the year 1990.

          If you require any further information about these terms and conditions,
please do not hesitate to contact Mr Brun, extension 1577.

          Yours faithfully,

	 	 	 	 	 
	 	The Personnel and Training Director

[Signature]

Jacques GUYARD

 	 

 

 

SOCIETE DES BOURSES FRANÇAISES

BOURSE DE PARIS

DIRECTION DU PERSONNEL

ET DE LA FORMATION

(PERSONNEL AND

TRAINING DEPT.)

	 	 	 
	 

	 	Mr GASTON-BELLEGARDE
	 
	 	 
	 

	 	9 Allée des Granges
	 
	 	 
	 

	 	91360 — LE PLESSIS ROBINSON
	 
	 	 
	State reference: DPF/JPB/CB/ 2703
	 	 
	Your ref.

	 	Paris, 18 October 1989

          Dear Sir,

          As your supervisor has already informed you, we have decided to change your
classification. You will change from category E to F and this decision shall apply
with effect from 1st January 1989.

          As of that date, your new monthly salary will be FRF 9,000.

          On this new basis, your new basic annual salary for 1989 will thus be FRF
130,500.

          We have also decided to grant you an advance on profit-sharing which, for 1989,
will amount to FRF 99,500.

          Your annual compensation, on a full-time basis, for 1990 and subsequent years,
shall be no less than FRF 231,203. This amount takes into account the impact on your
basic annual salary of the 2% rise in your basic monthly salary (1) effective since
1st July 1989.

          Furthermore, any general increases that may subsequently be made shall apply to
your basic salary (your basic monthly salary including the general increase made on
1st July 1989 is currently FRF 9,180).

          You have already received an advance on profit-sharing for 1989 of FRF 52,645,
an advance that was calculated by deducting the quarter of a month paid to you in
April 1989. This amount was included on your pay slip for July.

 

 

          You then received, in August 1989, another advance on profit-sharing of FRF 27,362.

          In November 1989, you will receive another advance on profit-sharing of FRF 17,414 such that,
for the whole year 1989, you have received a total advance on profit-sharing of FRF 99,500.

          Obviously, any remaining profit-sharing balance that may be granted to you for 1989, once the
amount of shares in profits is known for that year, would be calculated with reference to your
basic monthly salary of December 1989, i.e. FRF 9,150 as estimated today, and after deducting any
advances paid to you in the course of the year 1989.

          Lastly, for your change of category, you will also receive additional back pay on your basic
salary of FRF 7,420.

          Given the significant amount, please find enclosed a cheque for FRF 6,307 which is an advance
of 85% of the back pay. The balance shall be settled with your salary for October 1989.

          We hope that this information will help you to better understand the current terms and
conditions of your compensation. If you require any further clarifications, allow me to remind you
that your superior and Mr Brun, Mrs Coffin or myself, at the Personnel and Training Department, are
available to answer any questions you may have.

          Yours faithfully,

	 	 	 	 	 
	 	The Personnel and Training Director

 	 
	 	/s/ Jacques Guyard

 	 
	 	Jacques GUYARD. 	 
	 	 	 
	 

 

			
	(1)	 	Your basic monthly salary includes the minimum salary according to the minimum salaries scale
of Société des Bourses Françaises Personnel in Paris for your classification, plus, as applicable,
your seniority bonus, and any “diploma bonus” and “personal award”.

 

 

COMPAGNIE DES AGENTS DE CHANGE

CHAMBRE SYNDICALE

	 	 	 
	 

	 	Mr GASTON-BELLEGARDE
	 

	 	Stock Market Unit

State reference:

Your Ref.:

	 	 	 
	          P/SE/CB/

	 	Paris, 30 December 1987

          Dear Sir,

          On the proposal of your superiors, I am pleased to inform you that you are appointed
to category E.

          This decision shall be effective as of 1st January 1988.

          Yours faithfully,

	 	 	 	 	 
	 	[Signature]

 	 
	 	
 	 
	 	Philippe COSSERAT. 	 
	 	 	 
	 

 

 

COMPAGNIE DES AGENTS DE CHANGE

CHAMBRE SYNDICALE

	 	 	 
	Direction du Personnel 

et des Affaires Sociales
	 	 
	Postal address: 

4 place de la Bourse 

75080 Paris Cedex 02

	 	Mr Roland Gaston-Bellegarde

	 	 	 
	State reference: JG/VB/405

Your reference:

	 	Paris, 15 May 1986

Dear Mr Gaston-Bellegarde,

Further to the interviews you had with Mr Pigneul and myself, I am pleased to confirm our proposed
appointment in the central departments of the Stock Exchange Committee (Chambre Syndicale des
Agents de Change).

You shall be appointed within the scope of our collective bargaining agreement.

You shall be assigned to the Stock Exchange department.

Classified in category D2 of our employment positions, your salary, i.e. currently FRF
6,809, shall be payable 14 and 1/2 times per year.

A diploma bonus, currently of an amount of FRF 668, and a transport bonus shall be added to said
salary. The former bonus shall be payable 14 and 1/2 times each year and the latter bonus shall be
payable 12 times per year.

Moreover, you shall share in the profits.

As we have informed you, you shall be prohibited from trading, on your own behalf, either directly
or indirectly, on the securities that you may be responsible for listing.

Furthermore, all transactions on marketable securities that you may execute may be initiated only
in an account opened under the responsibility of the current Stock Exchange Commission.

Please let us know when you can begin your new duties.

If all of these proposals, as we hope, meet your expectations, please confirm your approval by
sending us back a copy of this letter, bearing your signature preceded by the words “terms and
conditions acknowledged and approved for agreement”.

We hope that the collaboration will be to our and your entire satisfaction.

Yours sincerely,

	 	 	 	 	 
	 	The Manager of the Personnel and Social Affairs Department

[signature]

Jacques Guyard

 	 
	 	 	 
	 	 	 
	 	 	 
	 

Copy: Mr Hue

P.S.: your working hours will be as follows: 9 a.m. to 5.30 p.m.exv10w1

EXHIBIT 10.1

FIRST AMENDMENT TO

SECOND AMENDED AND RESTATED CREDIT AGREEMENT

     THIS FIRST AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT (this “First
Amendment”), dated as of February 26, 2010, among COMMERCIAL METALS COMPANY, a Delaware
corporation (the “Borrower”), the lenders party to the Credit Agreement defined below (the
“Lenders”), and BANK OF AMERICA, N.A., as Administrative Agent.

BACKGROUND

     A. The Borrower, the Lenders and the Administrative Agent are parties to that certain Second
Amended and Restated Credit Agreement, dated as of November 24, 2009 (the “Credit
Agreement”; the terms defined in the Credit Agreement and not otherwise defined herein shall be
used herein as defined in the Credit Agreement).

     B. The Borrower, the Lenders and the Administrative Agent desire to make certain amendments to
the Credit Agreement, subject to the terms and conditions contained herein.

     NOW, THEREFORE, in consideration of the covenants, conditions and agreements hereafter set
forth, and for other good and valuable consideration, the receipt and adequacy of which are all
hereby acknowledged, the parties hereto covenant and agree as follows:

     1. AMENDMENTS.

     (a) Section 7.08 of the Credit Agreement is hereby amended and restated in its
entirety to read as follows:

     7.08 Interest Coverage Ratio. The Borrower shall not permit the Interest Coverage
Ratio to be less than 2.50 to 1 on May 31, 2010 or at the end of any fiscal quarter
thereafter; provided, however, notwithstanding anything in the definition of
Interest Coverage Ratio to the contrary, and for purposes of this Section 7.08 only
(thereby expressly excluding Section 7.10, in addition to any other Sections of this
Agreement), the Interest Coverage Ratio for (a) the fiscal quarter ending May 31, 2010,
shall be calculated using Consolidated EBITDA and Consolidated Interest Expense for the
fiscal quarter ending May 31, 2010, (b) the fiscal quarter ending August 31, 2010, shall be
calculated using Consolidated EBITDA and Consolidated Interest Expense for the two
consecutive fiscal quarters ending August 31, 2010, and (c) the fiscal quarter ending
November 30, 2010, shall be calculated using Consolidated EBITDA and Consolidated Interest
Expense for the three consecutive fiscal quarters ending November 30, 2010.

 

 

     (b) Exhibit E to the Credit Agreement, the Compliance Certificate, is hereby amended
and restated in its entirety to be in the form of Exhibit E attached to this First
Amendment.

     2. REPRESENTATIONS AND WARRANTIES TRUE; NO EVENT OF DEFAULT. By its execution and
delivery hereof, the Borrower represents and warrants that, as of the date hereof and after giving
effect to the amendments set forth in the foregoing Section 1:

     (a) the representations and warranties contained in the Credit Agreement and the other Loan
Documents are true and correct in all material respects (except that any representation or warranty
that is qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all
respects) on and as of the date hereof as made on and as of such date, except to the extent that
such representations and warranties specifically refer to an earlier date, in which case they are
true and correct in all material respects (except that any representation or warranty that is
qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all
respects) as of such earlier date;

     (b) no event has occurred and is continuing which constitutes a Default;

     (c) the Borrower has full power and authority to execute and deliver this First Amendment, and
this First Amendment and the Credit Agreement, as amended hereby, constitute the legal, valid and
binding obligations of the Borrower, enforceable against the Borrower in accordance with their
respective terms, except as enforceability may be limited by applicable Debtor Relief Laws;

     (d) neither the execution, delivery and performance of this First Amendment or the Credit
Agreement, as amended hereby, nor the consummation of any transaction contemplated herein or
therein, will conflict with any Law or Organization Document of the Borrower, or any indenture,
agreement or other instrument to which the Borrower or any of its properties are subject; and

     (e) no authorization, approval, consent, or other action by, notice to, or filing with, any
Governmental Authority or other Person (not already obtained), is required for the execution,
delivery or performance by the Borrower of this First Amendment.

     3. CONDITIONS OF EFFECTIVENESS. This First Amendment shall be effective as of
February 26, 2010 subject to the following:

 

 

     (a) the representations and warranties set forth in Section 2 of this First Amendment shall be
true and correct;

     (b) the Administrative Agent shall have received counterparts of this First Amendment executed
by the Required Lenders;

     (c) the Administrative Agent shall have received counterparts of this First Amendment executed
by the Borrower; and

     (d) the Administrative Agent shall have received all fees, in immediately available funds,
agreed to be paid by the Borrower in connection with this First Amendment.

     4. REFERENCE TO THE CREDIT AGREEMENT.

     (a) Upon and during the effectiveness of this First Amendment, each reference in the Credit
Agreement to “this Agreement”, “hereunder”, or words of like import shall mean and be a reference
to the Credit Agreement, as affected by this First Amendment.

     (b) Except as expressly set forth herein, this First Amendment shall not by implication or
otherwise limit, impair, constitute a waiver of, or otherwise affect the rights or remedies of the
Borrower or the Administrative Agent or the Lenders under the Credit Agreement or any of the other
Loan Documents, and shall not alter, modify, amend, or in any way affect the terms, conditions,
obligations, covenants, or agreements contained in the Credit Agreement or the other Loan
Documents, including, without limitation, compliance with Section 7.10 of the Credit
Agreement for the fiscal quarter ending February 28, 2010, all of which are hereby ratified and
affirmed in all respects and shall continue in full force and effect.

     5. COSTS AND EXPENSES. The Borrower shall be obligated to pay or reimburse the
Administrative Agent for all reasonable costs and expenses incurred by the Administrative Agent in
connection with the preparation, reproduction, execution and delivery of this First Amendment and
the other instruments and documents to be delivered hereunder.

     6. EXECUTION IN COUNTERPARTS. This First Amendment may be executed in any number of
counterparts and by different parties hereto in separate counterparts, each of which when so
executed and delivered shall be deemed to be an original and all of which when taken together shall
constitute but one and the same instrument. For purposes of this First Amendment, a counterpart
hereof (or signature page thereto) signed and transmitted by any Person party hereto to the
Administrative Agent (or its counsel) by facsimile machine, telecopier or electronic mail is to be
treated as an original. The signature of such Person thereon, for purposes hereof, is to be
considered as an original signature, and the counterpart (or signature page thereto) so transmitted
is to be considered to have the same binding effect as an original signature on an original
document.

 

 

     7. GOVERNING LAW; BINDING EFFECT. This First Amendment shall be governed by and
construed in accordance with the laws of the State of Texas applicable to agreements made and to be
performed entirely within such state (provided that the Administrative Agent and each Lender shall
retain all rights arising under federal law), and shall be binding upon the parties hereto and
their respective successors and assigns.

     8. HEADINGS. Section headings in this First Amendment are included herein for
convenience of reference only and shall not constitute a part of this First Amendment for any other
purpose.

     9. ENTIRE AGREEMENT. THE CREDIT AGREEMENT, AS AMENDED BY THIS FIRST AMENDMENT, AND
THE OTHER LOAN DOCUMENTS REPRESENT THE FINAL AGREEMENT BETWEEN THE PARTIES AS TO THE SUBJECT MATTER
THEREIN AND HEREIN AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT
ORAL AGREEMENTS BETWEEN THE PARTIES.

REMAINDER OF PAGE LEFT INTENTIONALLY BLANK

 

 

     IN WITNESS WHEREOF, the parties hereto have executed this First Amendment as of the date first
above written.

	 	 	 	 	 
	 	COMMERCIAL METALS COMPANY

 	 
	 	By:  	/s/ Murray R. McClean
 	 
	 	 	Name:  	Murray R. McClean 	 
	 	 	Title:  	Chairman of the Board, President and
CEO 	 
	 
	 	BANK OF AMERICA, N.A., as Administrative Agent

 	 
	 	By:  	/s/
Alan Tapley	 
	 	 	Name:  	 Alan Tapley	 
	 	 	Title:  	Assistant
Vice President	 
	 
	 	BANK OF AMERICA, N.A., as a Lender, Swing Line Lender
and an L/C Issuer

 	 
	 	By:  	/s/
David McCauley	 
	 	 	Name:  	David McCauley	 
	 	 	Title:  	Senior
Vice President	 
	 
	 	BNP PARIBAS

 	 
	 	By:  	/s/
Michael Kowalczuk	 
	 	 	Name:  	Michael
Kowalczuk	 
	 	 	Title:  	Vice
President	 
	 
	 	 	 
	 	By:  	
/s/ Berangere Allen
 	 
	 	 	Name:  	Berangere Allen	 
	 	 	Title:  	Vice
President	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.

 	 
	 	By:  	/s/
D. Barnell	 
	 	 	Name:  	D. Barnell	 
	 	 	Title:  	Authorized
Signatory	 
	 
	 	WELLS FARGO HSBC TRADE BANK

 	 
	 	By:  	/s/
John Peloubet	 
	 	 	Name:  	John Peloubet	 
	 	 	Title:  	Vice
President/Relationship Manager	 
	 
	 	JPMORGAN CHASE BANK, N.A.

 	 
	 	By:  	/s/
David
L. Howard	 
	 	 	Name:  	David
L. Howard	 
	 	 	Title:  	Managing
Director	 
	 
	 	COMPASS BANK

 	 
	 	By:  	/s/
Thomas Blake	 
	 	 	Name:  	Thomas Blake	 
	 	 	Title:  	Senior
Vice President	 
	 
	 	SCOTIABANC INC.

 	 
	 	By:  	/s/
J. F. Todd	 
	 	 	Name:  	J. F. Todd	 
	 	 	Title:  	Managing
Director	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	THE ROYAL BANK OF SCOTLAND plc

 	 
	 	By:  	/s/
Brian Williams	 
	 	 	Name:  	Brian Williams	 
	 	 	Title:  	Vice
President	 
	 
	 	THE BANK OF NEW YORK MELLON

 	 
	 	By:  	/s/
Timothy J. Glass	 
	 	 	Name:  	Timothy J. Glass	 
	 	 	Title:  	Vice
President	 
	 
	 	HSBC BANK USA, NATIONAL ASSOCIATION

 	 
	 	By:  	/s/
Steven F. Larsen	 
	 	 	Name:  	Steven F. Larsen	 
	 	 	Title:  	First Vice
President	 
	 
	 	NATIONAL AUSTRALIA BANK LIMITED

 	 
	 	By:  	/s/
Courtney A. Cloe	 
	 	 	Name:  	Courtney A. Cloe	 
	 	 	Title:  	Director	 
	 
	 	COMERICA BANK

 	 
	 	By:  	/s/
Catherine Young	 
	 	 	Name:  	Catherine Young	 
	 	 	Title:  	Vice
President	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	CITIBANK, N.A.

 	 
	 	By:  	/s/
David C. Hauglid	 
	 	 	Name:  	David C. Hauglid	 
	 	 	Title:  	Senior
Relationship Manager	 
	 
	 	STANDARD CHARTERED BANK

 	 
	 	By:  	/s/
Robert K. Reddington	 
	 	 	Name:  	Robert K. Reddington	 
	 	 	Title:  	AVP/Credit
Documentation Credit Risk Control	 
	 
	 	GOLDMAN SACHS BANK USA

 	 
	 	By:  	/s/
Andrew Caditz	 
	 	 	Name:  	Andrew Caditz	 
	 	 	Title:  	Authorized
Signatory	 
	 

 

 

EXHIBIT E

FORM OF COMPLIANCE CERTIFICATE

Financial Statement Date: _____________

To: Bank of America, N.A., as Administrative Agent

Ladies and Gentlemen:

     Reference is made to that certain Second Amended and Restated Credit Agreement, dated as of
November 24, 2009 (as amended, restated, extended, supplemented or otherwise modified in writing
from time to time, the “Agreement;” the terms defined therein being used herein as therein
defined), among Commercial Metals Company, a Delaware corporation (the “Borrower”), the
Lenders from time to time party thereto, and Bank of America, N.A., as Administrative Agent, Swing
Line Lender and an L/C Issuer.

     The undersigned Responsible Officer hereby certifies as of the date hereof that he/she
is the
                          of the Borrower, and that, as such, he/she is authorized to execute and deliver this Certificate to
the Administrative Agent on the behalf of the Borrower, and that:

[Use following paragraph 1 for fiscal year-end financial statements]

     1. Attached hereto as Schedule 1 are the year-end audited financial statements
required by Section 6.01(a) of the Agreement for the fiscal year of the Borrower ended as of the
above date, together with the report and opinion of an independent certified public accountant
required by such section.

[Use following paragraph 1 for fiscal quarter-end financial statements]

     1. Attached hereto as Schedule 1 are the unaudited financial statements required by
Section 6.01(b) of the Agreement for the fiscal quarter of the Borrower ended as of the
above date. Such financial statements fairly present the financial condition, results of
operations and cash flows of the Borrower and its Subsidiaries in accordance with GAAP as at such
date and for such period, subject only to normal year-end audit adjustments and the absence of
footnotes.

     2. The undersigned has reviewed and is familiar with the terms of the Agreement and has made,
or has caused to be made under his/her supervision, a detailed review of the transactions and
condition (financial or otherwise) of the Borrower during the accounting period covered by the
attached financial statements.

     3. A review of the activities of the Borrower during such fiscal period has been made under
the supervision of the undersigned with a view to determining whether during such fiscal period the
Borrower performed and observed all its Obligations under the Loan Documents, and

[select one:]

     [to the best knowledge of the undersigned during such fiscal period, the Borrower performed
and observed each covenant and condition of the Loan Documents applicable to it.]

—or—

 

 

     [the following covenants or conditions have not been performed or observed and the following
is a list of each such Default and its nature and status:]

     4. The representations and warranties of the Borrower contained in Article V of the
Agreement and each other Loan Document or in any document furnished at any time under or in
connection with the Loan Documents, are true and correct in all material respects (except that any
representation or warranty that is qualified as to “materiality” or “Material Adverse Effect” shall
be true and correct in all respects) on and as of the date hereof, except (a) to the extent that
such representations and warranties specifically refer to an earlier date, in which case they shall
be true and correct in all material (except that any representation or warranty that is qualified
as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects) as of
such earlier date, (b) that for purposes of this Compliance Certificate, the representations and
warranties contained in subsection (a) of Section 5.06 of the Agreement shall be deemed to
refer to the most recent statements furnished pursuant to clauses (a) and (b), respectively, of
Section 6.01 of the Agreement, except that to the extent such representations and
warranties refer to statements furnished pursuant to clause (b) of Section 6.01 of the
Agreement, the representations and warranties in subclauses (i) and (ii) of clause (a) of
Section 5.06 of the Agreement, shall be qualified by reference to the absence of footnotes
and shall be subject to year-end adjustments, and (c) the representations and warranties set forth
in Section 5.06(c) of the Agreement shall not be deemed to be made for purposes of this
Compliance Certificate during any time that the Borrower’s Debt Rating is an Investment Grade
Rating.

     5. The financial covenant analyses and information set forth on Schedule 2 attached
hereto are true and accurate on and as of the date of this Certificate.

     IN WITNESS WHEREOF, the undersigned has executed this Certificate as of ___, ___.

	 	 	 	 	 
	 	COMMERCIAL METALS COMPANY

 	 
	 	By:  	 	 
	 	 	Name: 
	 
	 	 	Title: 
	 

 

 

For the Quarter/Year ended __________________(“Statement Date”)

SCHEDULE 2

to the Compliance Certificate

($ in 000’s)

	 	 	 	 	 	 	 	 	 
	I.	 	Section 7.03(g) — Dispositions	 	 	 	 
	 	 	A.	 	30% of Consolidated Tangible Assets as of last day of immediately preceding fiscal year
	 	$	                    	 
	 	 	B.	 	Aggregate book value of assets Disposed (excluding Dispositions pursuant to clause (a) through (f) of Section 7.03) during existing fiscal year through Statement Date
	 	$	                    	 
	 	 	 	 	 
	 	 	 	 
	 	 	C.	 	Difference (A — B)
	 	$	                    	 
	 	 	 	 	 
	 	 	 	 
	II.	 	Section 7.08 — Interest Coverage Ratio*	 	 	 	 
	 	 	A.	 	Consolidated EBITDA for four consecutive fiscal quarters ending on Statement Date:
	 	 	 	 
	 	 	 	 	(1) Consolidated Net Income
	 	$	                    	 
	 	 	 	 	(2) Interest expense
	 	$	                    	 
	 	 	 	 	(3) Income taxes
	 	$	                    	 
	 	 	 	 	(4) Depreciation and Amortization
	 	$	                    	 
	 	 	 	 	(5) Consolidated EBITDA (Lines II.A.(1) + (2) + (3) + (4))
	 	$	                    	 
	 	 	B.	 	Consolidated Interest Expense for four consecutive fiscal quarters ending on Statement Date
	 	$	                    	 
	 	 	C.	 	Interest Coverage Ratio (Line II.A.(5)  ̧ Line II.B.)
	 	____ to ____
	 	 	D.	 	Minimum Required — 2.50 to 1.00 on May 31, 2010 and at the end of each fiscal quarter
thereafter
	 	 	 	 

 

									
	* 	 	 Note — For the fiscal quarter ending (a) May 31, 2010, Interest Coverage Ratio shall be calculated using
Consolidated EBITDA and Consolidated Interest Expense for the fiscal quarter ending May 31, 2010, (b)
August 31, 2010, Interest Coverage Ratio shall be calculated using Consolidated EBITDA and Consolidated
Interest Expense for the two consecutive fiscal quarters ending August 31, 2010, and (c) November 30, 2010,
shall be calculated using Consolidated EBITDA and Consolidated Interest Expense for the three consecutive
fiscal quarters ending November 30, 2010.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 
	III.	 	Section 7.09 — Debt to Capitalization Ratio	 	 	 	 
	 	 	A.	 	Consolidated Funded Debt at Statement Date:
	 	 	 	 
	 	 	 	 	(1) All indebtedness for borrowed money or which has been incurred in connection with acquisition of plant, property and equipment
	 	$	                    	 
	 	 	 	 	(2) All Capitalized Rentals
	 	$	                    	 
	 	 	 	 	(3) All Guaranties of Funded Debt
	 	$	                    	 
	 	 	 	 	(4) Total (Lines III.A.(1) + (2) + (3))
	 	$	                    	 

 

 

	 	 	 	 	 	 	 	 	 
	 	 	B.	 	Total Capitalization at Statement Date
	 	 	 	 
	 	 	 	 	(1) Line III.A.(4)
	 	$	                    	 
	 	 	 	 	(2) Consolidated Tangible Net Worth
	 	 	 	 
	 	 	 	 	(a) Shareholders’ equity
	 	$	                    	 
	 	 	 	 	(b) Intangible Assets
	 	$	                    	 
	 	 	 	 	(c) Total (a) — (b)
	 	$	                    	 
	 	 	 	 	(3) Total Capitalization (Line III.B.(1) + Line III.B.(2)(c))
	 	$	                    	 
	 	 	C.	 	Debt to Capitalization Ratio (Line III.A.(4) / (Line III.B.(3))
	 	_____ to 1
	 	 	 	 	Maximum Allowed
	 	 	0.60 to 1	 
	 	 	 	 	 
	 	 	 	 
	IV.	 	Section 7.10 — Liquidity (To be completed only if Interest Coverage Ratio on Line C of Section II above*
is less than 2.50 to 1.00)	 	 	 	 
	 	 	A.	 	Cash and Cash Equivalents at Statement Date
	 	$	                    	 
	 	 	B.	 	Availability at Statement Date under securitization facilities of the Borrower and the Securitizing Subsidiaries
	 	$	                    	 
	 	 	C.	 	Outstanding Amount of Loans at Statement Date
	 	$	                    	 
	 	 	D.	 	Liquidity ((Line IV.A. + Line IV.B.) — Line IV.C.)
	 	$	                    	 
	 	 	E.	 	Minimum Required
	 	$	300,000,000	 

 

									
	* 	 	 Note — For purposes of Section 7.10 of the Credit Agreement, Interest Coverage Ratio
shall be calculated at all times using Consolidated EBITDA and Consolidated Interest
Expense for four consecutive fiscal quarters ending on Statement Date; therefore, for the
fiscal quarters ending May 31, 2010, August 31, 2010 and November 30, 2010, the
calculation of Interest Coverage Ratio in this Section IV, with respect to Section 7.10 of
the Credit Agreement, will be different than the calculation of Interest Coverage Ratio in
Section II above.

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