Document:

Registration Rights Agreement, dated 12/13/2004

  
 Exhibit 4.4 

 
 EXECUTION COPY 
  
 REGISTRATION RIGHTS AGREEMENT 
  
 This REGISTRATION RIGHTS AGREEMENT dated December 13, 2004 (the “Agreement”) is entered into by and among Ryerson Tull, Inc., a Delaware
corporation (the “Company”), Ryerson Tull Procurement Corporation (the “Subsidiary Guarantor”), and J.P. Morgan Securities Inc. (“JPMorgan”) and UBS Securities LLC (the “Initial Purchasers”). 
  
 The Company, the Subsidiary Guarantor and the Initial Purchasers are parties
to the Purchase Agreement dated December 8, 2004 (the “Purchase Agreement”), which provides for the sale by the Company to the Initial Purchasers of $150,000,000 aggregate principal amount of the Company’s 8.25% Senior Notes due 2011
(the “Securities”) which will be guaranteed on an unsecured senior basis by the Subsidiary Guarantor. As an inducement to the Initial Purchasers to enter into the Purchase Agreement, the Company and the Subsidiary Guarantor have agreed to
provide to the Initial Purchasers and their direct and indirect transferees the registration rights set forth in this Agreement. The execution and delivery of this Agreement is a condition to the closing under the Purchase Agreement. 
  
 In consideration of the foregoing, the parties hereto agree as follows:

  
 1. Definitions. As used in this Agreement, the
following terms shall have the following meanings: 
  
 “Business Day” shall mean any day that is not a Saturday, Sunday or other day on which commercial banks in New York City are authorized or required by law to remain closed. 
  
 “Closing Date” shall mean the Closing Date as defined in the
Purchase Agreement. 
  
 “Company” shall have the meaning
set forth in the preamble and shall also include the Company’s successors. 
  
 “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended from time to time. 
  
 “Exchange Dates” shall have the meaning set forth in Section 2(a)(ii) hereof. 
  
 “Exchange Offer” shall mean the exchange offer by the Company and the Subsidiary Guarantor of Exchange Securities
for Registrable Securities pursuant to Section 2(a) hereof. 
  
 “Exchange Offer Registration” shall mean a registration under the Securities Act effected pursuant to Section 2(a) hereof. 
  
 “Exchange Offer Registration Statement” shall mean an exchange offer registration statement on Form S-4 (or, if applicable, on another
appropriate form) and all amendments and supplements to such registration statement, in each case including the Prospectus contained therein, all exhibits thereto and any document incorporated by reference therein. 
  
 “Exchange Securities” shall mean senior notes issued by the Company
and guaranteed by the Subsidiary Guarantor under the Indenture containing terms identical to the Securities (except 

  

 
that the Exchange Securities will not be subject to restrictions on transfer or to any increase in annual interest rate for failure to comply with this
Agreement) and to be offered to Holders of Securities in exchange for Securities pursuant to the Exchange Offer. 
  
 “Holders” shall mean the Initial Purchasers, for so long as they own any Registrable Securities, and each of their successors, assigns and
direct and indirect transferees who become owners of Registrable Securities under the Indenture; provided that for purposes of Section 4 of this Agreement, the term “Holders” shall include Participating Broker-Dealers. 
  
 “Indenture” shall mean the Indenture relating to the Securities
dated as of December 13, 2004 among the Company, the Subsidiary Guarantor and The Bank of New York Trust Company, N.A., as trustee, and as the same may be amended from time to time in accordance with the terms thereof. 
  
 “Initial Purchasers” shall have the meaning set forth in the
preamble. 
  
 “Inspector” shall have the meaning set
forth in Section 3(a)(xiii) hereof. 
  
 “JPMorgan” shall
have the meaning set forth in the preamble. 
  
 “Majority
Holders” shall mean the Holders of a majority of the aggregate principal amount of the outstanding Registrable Securities; provided that whenever the consent or approval of Holders of a specified percentage of Registrable Securities is required
hereunder, any Registrable Securities owned directly or indirectly by the Company or any of its affiliates shall not be counted in determining whether such consent or approval was given by the Holders of such required percentage or amount; and
provided, further, that if the Company shall issue any additional Securities under the Indenture prior to consummation of the Exchange Offer or, if applicable, the effectiveness of any Shelf Registration Statement, such additional Securities and the
Registrable Securities to which this Agreement relates shall be treated together as one class for purposes of determining whether the consent or approval of Holders of a specified percentage of Registrable Securities has been obtained. 

 
 “Participating Broker-Dealers” shall have the meaning set forth
in Section 4(a) hereof. 
  
 “Person” shall mean an
individual, partnership, limited liability company, corporation, trust or unincorporated organization, or a government or agency or political subdivision thereof. 
  
 “Prospectus” shall mean the prospectus included in a Registration Statement, including any preliminary prospectus,
and any such prospectus as amended or supplemented by any prospectus supplement, including a prospectus supplement with respect to the terms of the offering of any portion of the Registrable Securities covered by a Shelf Registration Statement, and
by all other amendments and supplements to such prospectus, and in each case including any document incorporated by reference therein. 
  
 “Purchase Agreement” shall have the meaning set forth in the preamble. 
  
 “Registrable Securities” shall mean the Securities; provided that the Securities shall cease to be Registrable
Securities (i) when a Registration Statement with respect to such Securities has 

  

 2 

 
been declared effective under the Securities Act and such Securities have been exchanged or disposed of pursuant to such Registration Statement, (ii) when
such Securities are eligible to be sold pursuant to Rule 144(k) (or any similar provision then in force, but not Rule 144A) under the Securities Act or (iii) when such Securities cease to be outstanding. 
  
 “Registration Expenses” shall mean any and all expenses incident to
performance of or compliance by the Company and the Subsidiary Guarantor with this Agreement, including without limitation: (i) all SEC, stock exchange or National Association of Securities Dealers, Inc. registration and filing fees, (ii) all fees
and expenses incurred in connection with compliance with state securities or blue sky laws (including reasonable fees and disbursements of counsel for any Underwriters or Holders in connection with blue sky qualification of any Exchange Securities
or Registrable Securities), (iii) all expenses of any Persons in preparing or assisting in preparing, word processing, printing and distributing any Registration Statement, any Prospectus and any amendments or supplements thereto, any underwriting
agreements, securities sales agreements or other similar agreements and any other documents relating to the performance of and compliance with this Agreement, (iv) all rating agency fees, (v) all fees and disbursements relating to the qualification
of the Indenture under applicable securities laws, (vi) the fees and disbursements of the Trustee and its counsel, (vii) the fees and disbursements of counsel for the Company and the Subsidiary Guarantor and, in the case of a Shelf Registration
Statement, the fees and disbursements of one counsel for the Holders (which counsel shall be selected by the Majority Holders and which counsel may also be counsel for the Initial Purchasers) and (viii) the fees and disbursements of the independent
public accountants of the Company and the Subsidiary Guarantor, including the expenses of any special audits or “comfort” letters required by or incident to the performance of and compliance with this Agreement, but excluding fees and
expenses of counsel to the Underwriters (other than fees and expenses set forth in clause (ii) above) or the Holders and underwriting discounts and commissions, brokerage commissions and transfer taxes, if any, relating to the sale or disposition of
Registrable Securities by a Holder. 
  
 “Registration
Statement” shall mean any registration statement of the Company and the Subsidiary Guarantor that covers any of the Exchange Securities or Registrable Securities pursuant to the provisions of this Agreement and all amendments and supplements to
any such registration statement, including post-effective amendments, in each case including the Prospectus contained therein, all exhibits thereto and any document incorporated by reference therein. 
  
 “SEC” shall mean the United States Securities and Exchange
Commission. 
  
 “Securities Act” shall mean the
Securities Act of 1933, as amended from time to time. 
  
 “Shelf Additional Interest Date” shall have the meaning set forth in Section 2(d) hereof. 
  
 “Shelf Effectiveness Period” shall have the meaning set forth in Section 2(b) hereof. 
  
 “Shelf Registration” shall mean a registration effected pursuant to
Section 2(b) hereof. 
  
 “Shelf Registration Statement”
shall mean a “shelf” registration statement of the Company and the Subsidiary Guarantor that covers all or a portion of the Registrable Securities (but no other securities unless approved by the Holders whose Registrable Securities are to
be 

  

 3 

 
covered by such Shelf Registration Statement) on an appropriate form under Rule 415 under the Securities Act, or any similar rule that may be adopted by the
SEC, and all amendments and supplements to such registration statement, including post-effective amendments, in each case including the Prospectus contained therein, all exhibits thereto and any document incorporated by reference therein.

  
 “Shelf Request” shall have the meaning set forth in
Section 2(b)(iii) hereof. 
  
 “Staff” shall mean the
staff of the SEC. 
  
 “Subsidiary Guarantor” shall have
the meaning set forth in the preamble and shall also include any successors of the Subsidiary Guarantor. 
  
 “Target Registration Date” shall have the meaning set forth in Section 2(d) hereof. 
  
 “Trust Indenture Act” shall mean the Trust Indenture Act of 1939,
as amended from time to time. 
  
 “Trustee” shall mean
the trustee with respect to the Securities under the Indenture. 
  
 “Underwriter” shall have the meaning set forth in Section 3(e) hereof. 
  
 “Underwritten Offering” shall mean an offering in which Registrable Securities are sold to an Underwriter for reoffering to the public. 
  
 2. Registration Under the Securities Act. (a) To the extent not prohibited by any applicable law or applicable
interpretations of the Staff, the Company and the Subsidiary Guarantor shall use their reasonable best efforts to (i) cause to be filed an Exchange Offer Registration Statement covering an offer to the Holders to exchange all the Registrable
Securities for Exchange Securities and (ii) have such Registration Statement remain effective until 180 days after the closing of the Exchange Offer. The Company and the Subsidiary Guarantor shall commence the Exchange Offer promptly after the
Exchange Offer Registration Statement is declared effective by the SEC and use their reasonable best efforts to complete the Exchange Offer not later than 60 days after such effective date. 
  
 The Company and the Subsidiary Guarantor shall commence the Exchange Offer by
mailing the related Prospectus, appropriate letters of transmittal and other accompanying documents to each Holder stating, in addition to such other disclosures as are required by applicable law, substantially the following: 
  
 (i) that the Exchange Offer is being made pursuant to this
Agreement and that all Registrable Securities validly tendered and not properly withdrawn will be accepted for exchange; 
  
 (ii) the dates of acceptance for exchange (which shall be a period of at least 20 Business Days from the date such notice is mailed) (the
“Exchange Dates”); 
  

 4 

 (iii) that any Registrable Security not tendered or tendered and properly withdrawn will
remain outstanding and continue to accrue interest but will not retain any rights under this Agreement; 
  
 (iv) that any Holder electing to have a Registrable Security exchanged pursuant to the Exchange Offer will be required to surrender such
Registrable Security, together with the appropriate letters of transmittal, to the institution and at the address (located in the Borough of Manhattan, The City of New York) and in the manner specified in the notice, prior to the close of business
on the last Exchange Date; and 
  
 (v) that any
Holder will be entitled to withdraw its election, not later than the close of business on the last Exchange Date, by sending to the institution and at the address (located in the Borough of Manhattan, The City of New York) specified in the notice, a
telegram, telex, facsimile transmission or letter setting forth the name of such Holder, the principal amount of Registrable Securities delivered for exchange and a statement that such Holder is withdrawing its election to have such Securities
exchanged. 
  
 As a condition to participating in the Exchange
Offer, a Holder will be required to represent to the Company and the Subsidiary Guarantor that (i) any Exchange Securities to be received by it will be acquired in the ordinary course of its business, (ii) at the time of the commencement of the
Exchange Offer it has no arrangement or understanding with any Person to participate in the distribution (within the meaning of the Securities Act) of the Exchange Securities in violation of the provisions of the Securities Act, (iii) it is not an
“affiliate” (within the meaning of Rule 405 under the Securities Act) of the Company or the Subsidiary Guarantor and (iv) if such Holder is a broker-dealer that will receive Exchange Securities for its own account in exchange for
Registrable Securities that were acquired as a result of market-making or other trading activities, then such Holder will deliver a Prospectus in connection with any resale of such Exchange Securities. 
  
 As soon as practicable after the last Exchange Date, the Company and the
Subsidiary Guarantor shall: 
  
 (i) accept for
exchange Registrable Securities or portions thereof validly tendered and not properly withdrawn pursuant to the Exchange Offer; and 
  
 (ii) deliver, or cause to be delivered, to the Trustee for cancellation all Registrable Securities or portions thereof so accepted for
exchange by the Company and issue, and cause the Trustee to promptly authenticate and deliver to each Holder, Exchange Securities equal in principal amount to the principal amount of the Registrable Securities surrendered by such Holder. 

 
 The Company and the Subsidiary Guarantor shall use their reasonable best
efforts to complete the Exchange Offer as provided above and shall comply with the applicable requirements of the Securities Act, the Exchange Act and other applicable laws and regulations in connection with the Exchange Offer. The Exchange Offer
shall not be subject to any conditions, other than (i) that the Exchange Offer does not violate any applicable law or applicable interpretations of the Staff, (ii) that no action or proceeding shall have been instituted 

  

 5 

 
or threatened in any court or by any governmental agency with respect to the Exchange Offer which, in the Company’s judgment, would reasonably be
expected to impair its ability to proceed with the Exchange Offer and (iii) any such other conditions as shall be agreed upon by the Company and the Initial Purchasers. 
  
 (b) In the event that (i) the Company and the Subsidiary Guarantor determine that the Exchange Offer Registration provided
for in Section 2(a) above is not available or may not be completed as soon as practicable after the last Exchange Date because (x) it would violate any applicable law or applicable interpretations of the Staff, (y) an action or proceeding has been
instituted or threatened in any court or by any governmental agency with respect to the Exchange Offer which, in the Company’s judgment, would reasonably be expected to impair its ability to proceed with the Exchange Offer or (z) of any such
other conditions as have been agreed upon by the Company and the Initial Purchasers, (ii) the Exchange Offer is not for any other reason completed within 210 days of the Closing Date (provided that, if the Exchange Offer is consummated after
such 210-day period, then the Company’s and the Subsidiary Guarantor’s obligations under this clause (ii) from the failure of the Exchange Offer to be consummated within such 210-day period shall terminate) or (iii) upon the receipt of a
written request (a “Shelf Request”) from any Initial Purchaser representing that it holds Registrable Securities that are ineligible to be exchanged in the Exchange Offer, the Company and the Subsidiary Guarantor shall use their reasonable
best efforts to cause to be filed as soon as practicable after such determination, date or request, as the case may be, a Shelf Registration Statement providing for the sale of all the Registrable Securities by the Holders thereof and to have such
Shelf Registration Statement declared effective by the SEC. 
  
 In
the event that the Company and the Subsidiary Guarantor are required to file a Shelf Registration Statement pursuant to clause (iii) of the preceding sentence, the Company and the Subsidiary Guarantor shall use their reasonable best efforts to file
and have declared effective by the SEC both an Exchange Offer Registration Statement pursuant to Section 2(a) with respect to all Registrable Securities and a Shelf Registration Statement (which may be a combined Registration Statement with the
Exchange Offer Registration Statement) with respect to offers and sales of Registrable Securities held by the Initial Purchasers after completion of the Exchange Offer. 
  
 The Company and the Subsidiary Guarantor agree to use their reasonable best efforts to keep the Shelf Registration Statement
continuously effective until the expiration of the period referred to in Rule 144(k) (or any similar rule then in force, but not Rule 144A) under the Securities Act with respect to the Registrable Securities or such shorter period that will
terminate when all the Registrable Securities covered by the Shelf Registration Statement have been sold pursuant to the Shelf Registration Statement (the “Shelf Effectiveness Period”). Subject to the Company’s and the Subsidiary
Guarantor’s right to temporarily suspend the Shelf Registration Statement in Section 3(d) below, the Company and the Subsidiary Guarantor further agree to supplement or amend the Shelf Registration Statement and the related Prospectus if
required by the rules, regulations or instructions applicable to the registration form used by the Company for such Shelf Registration Statement or by the Securities Act or by any other rules and regulations thereunder for shelf registration or if
reasonably requested by a Holder of Registrable Securities with respect to information relating to such Holder, and to use their reasonable best efforts to cause any such amendment to become effective and such Shelf Registration Statement and

  

 6 

 
Prospectus to become usable as soon as thereafter practicable. The Company and the Subsidiary Guarantor agree to furnish to the Holders of Registrable
Securities copies of any such supplement or amendment promptly after its being used or filed with the SEC. 
  
 (c) The Company and the Subsidiary Guarantor shall pay all Registration Expenses in connection with any registration pursuant to Section 2(a) or Section
2(b) hereof. Each Holder shall pay all underwriting discounts and commissions, brokerage commissions and transfer taxes, if any, relating to the sale or disposition of such Holder’s Registrable Securities pursuant to the Shelf Registration
Statement. 
  
 (d) An Exchange Offer Registration Statement
pursuant to Section 2(a) hereof or a Shelf Registration Statement pursuant to Section 2(b) hereof will not be deemed to have become effective unless it has been declared effective by the SEC. 
  
 In the event that either the Exchange Offer is not completed or the Shelf
Registration Statement, if required pursuant to Section 2(b)(i) or 2(b)(ii) hereof, is not declared effective within 210 days of the Closing Date (the “Target Registration Date”), the interest rate on the Registrable Securities will be
increased by (i) 0.50% per annum for the first 90-day period immediately following the Target Registration Date and (ii) an additional 0.50% per annum with respect to each subsequent 90-day period, in each case until the Exchange Offer is completed
or the Shelf Registration Statement, if required hereby, is declared effective by the SEC or the Securities become freely tradable under the Securities Act up to a maximum of 1.00% per annum of additional interest. In the event that the Company and
the Subsidiary Guarantor receive a Shelf Request pursuant to Section 2(b)(iii), and the Shelf Registration Statement required to be filed thereby is not declared effective by the later of (x) 180 days after the Closing Date or (y) 90 days after the
delivery of such Shelf Request (such later date, the “Shelf Additional Interest Date”), then the interest rate on the Registrable Securities, which are the subject of the Shelf Request, will be increased by (i) 0.50% per annum for the
first 90-day period payable commencing from one day after the Shelf Additional Interest Date and (ii) an additional 0.50% per annum with respect to each subsequent 90-day period, in each case until the Shelf Registration Statement is declared
effective, up to a maximum of 1.00% per annum of additional interest. 
  
 If the Shelf Registration Statement, if required hereby, has been declared effective and thereafter either ceases to be effective or the Prospectus contained therein ceases to be usable at any time during the Shelf Effectiveness Period, and
such failure to remain effective or usable exists for more than 45 days (whether or not consecutive) in any 12-month period, then the interest rate on the Registrable Securities will be increased by (i) 0.50% per annum for the first 90-day period
commencing on the 46th day in such 12-month period and (ii) an additional 0.50% per annum with respect each
subsequent 90-day period, in each case ending on such date that the Shelf Registration Statement has again been declared effective or the Prospectus again becomes usable, up to a maximum of 1.00% per annum of additional interest. 
  
 (e) Without limiting the remedies available to the Initial Purchasers and the
Holders, the Company and the Subsidiary Guarantor acknowledge that any failure by the Company or the Subsidiary Guarantor to comply with their obligations under Section 2(a) and Section 2(b) hereof may result in material irreparable injury to the
Initial Purchasers or the Holders for which there is 

  

 7 

 
no adequate remedy at law, that it will not be possible to measure damages for such injuries precisely and that, in the event of any such failure, the
Initial Purchasers or any Holder may obtain such relief as may be required to specifically enforce the Company’s and the Subsidiary Guarantor’s obligations under Section 2(a) and Section 2(b) hereof. 
  
 3. Registration Procedures. (a) In connection with their obligations
pursuant to Section 2(a) and Section 2(b) hereof, the Company and the Subsidiary Guarantor shall as expeditiously as possible: 
  
 (i) prepare and file with the SEC a Registration Statement on the appropriate form under the Securities Act, which form (x) shall be
selected by the Company and the Subsidiary Guarantor, (y) shall, in the case of a Shelf Registration, be available for the sale of the Registrable Securities by the Holders thereof and (z) shall comply as to form in all material respects with the
requirements of the applicable form and include all financial statements required by the SEC to be filed therewith; and use their reasonable best efforts to cause such Registration Statement to become effective and remain effective for the
applicable period in accordance with Section 2 hereof; 
  
 (ii) prepare and file with the SEC such amendments and post-effective amendments to each Registration Statement as may be necessary to keep such Registration Statement effective for the applicable period in accordance with Section 2 hereof
and cause each Prospectus to be supplemented by any required prospectus supplement and, as so supplemented, to be filed pursuant to Rule 424 under the Securities Act; and keep each Prospectus current during the period described in Section 4(3) of
and Rule 174 under the Securities Act that is applicable to transactions by brokers or dealers with respect to the Registrable Securities or Exchange Securities; 
  
 (iii) in the case of a Shelf Registration, furnish to each Holder of Registrable Securities, to counsel for
the Initial Purchasers, to counsel for such Holders and to each Underwriter of an Underwritten Offering of Registrable Securities, if any, without charge, as many copies as reasonably requested of each Prospectus, including each preliminary
Prospectus, and any amendment or supplement thereto, in order to facilitate the sale or other disposition of the Registrable Securities thereunder; and the Company and the Subsidiary Guarantor consent to the use of such Prospectus and any amendment
or supplement thereto in accordance with applicable law by each of the Holders of Registrable Securities and any such Underwriters in connection with the offering and sale of the Registrable Securities covered by and in the manner described in such
Prospectus or any amendment or supplement thereto in accordance with applicable law; 
  
 (iv) use their reasonable best efforts to register or qualify the Registrable Securities under all applicable state securities or blue sky
laws of such jurisdictions as any Holder of Registrable Securities covered by a Registration Statement shall reasonably request in writing by the time the applicable Registration Statement is declared effective by the SEC; cooperate with such
Holders in connection with any filings required to be made with the National Association of Securities Dealers, Inc.; and do any and all other acts and things that may be reasonably necessary or advisable to enable each Holder to complete the
disposition in each such jurisdiction of the 

  

 8 

 
Registrable Securities owned by such Holder; provided that neither the Company nor the Subsidiary Guarantor shall be required to (1) qualify as a
foreign corporation or other entity or as a dealer in securities in any such jurisdiction where it would not otherwise be required to so qualify, (2) file any general consent to service of process in any such jurisdiction or (3) subject itself to
taxation in any such jurisdiction if it is not so subject; 
  
 (v) notify counsel for the Initial Purchasers and, in the case of a Shelf Registration, notify each Holder of Registrable Securities and counsel for such Holders promptly and, if requested by any such Holder or
counsel, confirm such advice in writing (1) when a Registration Statement has become effective and when any post-effective amendment thereto has been filed and becomes effective, (2) of any request by the SEC or any state securities authority for
amendments and supplements to a Registration Statement and Prospectus or for additional information after the Registration Statement has become effective, (3) of the issuance by the SEC or any state securities authority of any stop order suspending
the effectiveness of a Registration Statement or the initiation of any proceedings for that purpose, (4) if, between the effective date of a Shelf Registration Statement and the closing of any sale of Registrable Securities covered thereby, the
representations and warranties of the Company or the Subsidiary Guarantor contained in any underwriting agreement, securities sales agreement or other similar agreement, if any, relating to an offering of such Registrable Securities cease to be true
and correct in all material respects or if the Company or the Subsidiary Guarantor receives any notification with respect to the suspension of the qualification of the Registrable Securities for sale in any jurisdiction or the initiation of any
proceeding for such purpose, (5) of the happening of any event during the period a Shelf Registration Statement is effective that makes any statement made in such Shelf Registration Statement or the related Prospectus untrue in any material respect
or that requires the making of any changes in such Shelf Registration Statement or Prospectus in order to make the statements therein not misleading and (6) of any determination by the Company or the Subsidiary Guarantor that a post-effective
amendment to a Registration Statement would be appropriate; 
  
 (vi) use their reasonable best efforts to obtain the withdrawal of any order suspending the effectiveness of a Registration Statement at the earliest possible moment and provide prompt notice to each Holder of the
withdrawal of any such order; 
  
 (vii) in the
case of a Shelf Registration, furnish to each Holder of Registrable Securities, without charge, at least one conformed copy of each Registration Statement and any post-effective amendment thereto (without any documents incorporated therein by
reference or exhibits thereto, unless requested); 
  
 (viii) in the case of a Shelf Registration, cooperate with the Holders of Registrable Securities to facilitate the timely preparation and delivery of certificates representing Registrable Securities to be sold and not bearing any
restrictive legends and enable such Registrable Securities to be issued in such denominations and registered in such names (consistent with the provisions of the Indenture) as such Holders may reasonably request at least one Business Day prior to
the closing of any sale of Registrable Securities; 
  

 9 

 (ix) in the case of a Shelf Registration, upon the occurrence of any event contemplated
by Section 3(a)(v)(5) hereof, use their reasonable best efforts to prepare and file with the SEC a supplement or post-effective amendment to such Shelf Registration Statement or the related Prospectus or any document incorporated therein by
reference or file any other required document so that, as thereafter delivered to purchasers of the Registrable Securities, such Prospectus will not contain any untrue statement of a material fact or omit to state a material fact necessary to make
the statements therein, in the light of the circumstances under which they were made, not misleading; and the Company and the Subsidiary Guarantor shall notify the Holders of Registrable Securities to suspend use of the Prospectus as promptly as
practicable after the occurrence of such an event, and such Holders hereby agree to suspend use of the Prospectus until the Company and the Subsidiary Guarantor have amended or supplemented the Prospectus to correct such misstatement or omission;

  
 (x) a reasonable time prior to the filing of
any Registration Statement, any Prospectus, any amendment to a Registration Statement or amendment or supplement to a Prospectus or of any document that is to be incorporated by reference into a Registration Statement or a Prospectus after initial
filing of a Registration Statement, provide copies of such document to the Initial Purchasers and their counsel (and, in the case of a Shelf Registration Statement, to the Holders of Registrable Securities and their counsel) and make such of the
representatives of the Company and the Subsidiary Guarantor as shall be reasonably requested by the Initial Purchasers or their counsel (and, in the case of a Shelf Registration Statement, the Holders of Registrable Securities or their counsel)
available for discussion of such document; and the Company and the Subsidiary Guarantor shall not, at any time after initial filing of a Registration Statement, file any Prospectus, any amendment of or supplement to a Registration Statement or a
Prospectus, or any document that is to be incorporated by reference into a Registration Statement or a Prospectus, of which the Initial Purchasers and their counsel (and, in the case of a Shelf Registration Statement, the Holders of Registrable
Securities and their counsel) shall not have previously been advised and furnished a copy or to which the Initial Purchasers or their counsel (and, in the case of a Shelf Registration Statement, the Holders of Registrable Securities or their
counsel) shall object; 
  
 (xi) obtain a CUSIP
number for all Exchange Securities or Registrable Securities, as the case may be, not later than the effective date of a Registration Statement; 
  
 (xii) cause the Indenture to be qualified under the Trust Indenture Act in connection with the registration of the Exchange Securities or
Registrable Securities, as the case may be; cooperate with the Trustee and the Holders to effect such changes to the Indenture as may be required for the Indenture to be so qualified in accordance with the terms of the Trust Indenture Act; and
execute, and use their reasonable best efforts to cause the Trustee to execute, all documents as may be required to effect such changes and all other forms and documents required to be filed with the SEC to enable the Indenture to be so qualified in
a timely manner; 
  

 10 

 (xiii) in the case of a Shelf Registration, make available for inspection by a
representative of the Holders of the Registrable Securities included within the coverage of such Shelf Registration (an “Inspector”), any Underwriter participating in any disposition pursuant to such Shelf Registration Statement, any
attorneys and accountants designated by the Holders of Registrable Securities and any attorneys and accountants designated by such Underwriter, at reasonable times and in a reasonable manner, all pertinent financial and other records, documents and
properties of the Company and the Subsidiary Guarantor, and cause the respective officers, directors and employees of the Company and the Subsidiary Guarantor to supply all information reasonably requested by any such Inspector, Underwriter,
attorney or accountant in connection with a Shelf Registration Statement; provided that if any such information is identified by the Company or the Subsidiary Guarantor as being confidential or proprietary, each Person receiving such
information shall take such actions as are reasonably necessary to protect the confidentiality of such information to the extent such action is otherwise not inconsistent with, an impairment of or in derogation of the rights and interests of any
Inspector, Holder or Underwriter; 
  
 (xiv) in
the case of a Shelf Registration, use their reasonable best efforts to cause all Registrable Securities to be listed on any securities exchange or any automated quotation system on which similar securities issued or guaranteed by the Company or the
Subsidiary Guarantor are then listed if requested by the Majority Holders, to the extent such Registrable Securities satisfy applicable listing requirements; 
  

(xv) if reasonably requested by any Holder of Registrable Securities covered by a Shelf Registration Statement, promptly include in a
Prospectus supplement or post-effective amendment such information with respect to such Holder as such Holder reasonably requests to be included therein and make all required filings of such Prospectus supplement or such post-effective amendment as
soon as the Company has received notification of the matters to be so included in such filing; and 
  
 (xvi) in the case of a Shelf Registration, enter into such customary agreements and take all such other actions in connection therewith
(including those requested by the Holders of a majority in principal amount of the Registrable Securities being sold) in order to expedite or facilitate the disposition of such Registrable Securities including, but not limited to, an Underwritten
Offering and in such connection, (1) to the extent possible, make such representations and warranties to the Holders and any Underwriters of such Registrable Securities with respect to the business of the Company and its subsidiaries and the
Registration Statement, Prospectus and documents incorporated by reference or deemed incorporated by reference, if any, in each case, in form, substance and scope as are customarily made by issuers to underwriters in underwritten offerings and
confirm the same if and when requested, (2) in the case of an Underwritten Offering, obtain opinions of counsel to the Company and the Subsidiary Guarantor (which counsel and opinions, in form, scope and substance, shall be reasonably satisfactory
to the Holders and such Underwriters and their respective counsel) addressed to each selling Holder and Underwriter of Registrable Securities, covering the matters customarily covered in opinions requested in underwritten offerings, (3) in the case
of an Underwritten Offering, obtain “comfort” letters from the independent certified public 

  

 11 

 
accountants of the Company and the Subsidiary Guarantor (and, if necessary, any other certified public accountant of any subsidiary of the Company or the
Subsidiary Guarantor, or of any business acquired by the Company or the Subsidiary Guarantor for which financial statements and financial data are or are required to be included in the Registration Statement) addressed to each selling Holder and
Underwriter of Registrable Securities, such letters to be in customary form and covering matters of the type customarily covered in “comfort” letters in connection with underwritten offerings and (4) deliver such documents and certificates
as may be reasonably requested by the Holders of a majority in principal amount of the Registrable Securities being sold or the Underwriters, and which are customarily delivered in underwritten offerings, to evidence the continued validity of the
representations and warranties of the Company and the Subsidiary Guarantor made pursuant to clause (1) above and to evidence compliance with any customary conditions contained in an underwriting agreement. 
  
 (b) In the case of a Shelf Registration Statement, the Company may require
each Holder of Registrable Securities to furnish to the Company such information regarding such Holder and the proposed disposition by such Holder of such Registrable Securities as the Company and the Subsidiary Guarantor may from time to time
reasonably request in writing, and the Company may exclude from the Shelf Registration Statement the Registrable Securities of any Holder who does not provide such information within a reasonable period of time after such request until the time such
Holder delivers such information. 
  
 (c) In the case of a Shelf
Registration Statement, each Holder of Registrable Securities agrees that, upon receipt of any notice from the Company and the Subsidiary Guarantor of the happening of any event of the kind described in Section 3(a)(v)(3) or 3(a)(v)(5) hereof, such
Holder will forthwith discontinue disposition of Registrable Securities pursuant to the Shelf Registration Statement until such Holder’s receipt of the copies of the supplemented or amended Prospectus contemplated by Section 3(a)(ix) hereof
and, if so directed by the Company and the Subsidiary Guarantor, such Holder will deliver to the Company and the Subsidiary Guarantor all copies in its possession, other than permanent file copies then in such Holder’s possession, of the
Prospectus covering such Registrable Securities that is current at the time of receipt of such notice. 
  
 (d) If the Company and the Subsidiary Guarantor shall give any notice pursuant to Section 3(c) hereof to suspend the disposition of Registrable Securities
pursuant to a Shelf Registration Statement, the Company and the Subsidiary Guarantor shall extend the period during which such Shelf Registration Statement shall be maintained effective pursuant to this Agreement by the number of days during the
period from and including the date of the giving of such notice to and including the date when the Holders of such Registrable Securities shall have received copies of the supplemented or amended Prospectus necessary to resume such dispositions. The
Company and the Subsidiary Guarantor may give any such notice only twice during any 365-day period and any such suspensions shall not exceed 60 days in the aggregate and there shall not be more than two suspensions in effect during any 365-day
period. 
  
 (e) The Holders of Registrable Securities covered by a
Shelf Registration Statement who desire to do so may sell such Registrable Securities in an Underwritten Offering. In any such Underwritten Offering, the investment bank or investment banks and manager or managers 

  

 12 

 
(each an “Underwriter”) that will administer the offering will be selected by the Holders of a majority in principal amount of the Registrable
Securities included in such offering, and such Holders shall be responsible for all underwriting commissions and discounts in connection therewith. 
  
 4. Participation of Broker-Dealers in Exchange Offer. (a) The Staff has taken the position that any broker-dealer that receives Exchange Securities
for its own account in the Exchange Offer in exchange for Securities that were acquired by such broker-dealer as a result of market-making or other trading activities (a “Participating Broker-Dealer”) may be deemed to be an
“underwriter” within the meaning of the Securities Act and must deliver a prospectus meeting the requirements of the Securities Act in connection with any resale of such Exchange Securities. 
  
 The Company and the Subsidiary Guarantor understand that it is the
Staff’s position that if the Prospectus contained in the Exchange Offer Registration Statement includes a plan of distribution containing a statement to the above effect and the means by which Participating Broker-Dealers may resell the
Exchange Securities, without naming the Participating Broker-Dealers or specifying the amount of Exchange Securities owned by them, such Prospectus may be delivered by Participating Broker-Dealers to satisfy their prospectus delivery obligation
under the Securities Act in connection with resales of Exchange Securities for their own accounts, so long as the Prospectus otherwise meets the requirements of the Securities Act. 
  
 (b) In light of the above, and notwithstanding the other provisions of this Agreement, the Company and the Subsidiary
Guarantor agree to amend or supplement the Prospectus contained in the Exchange Offer Registration Statement for a period of up to 180 days after the last Exchange Date (as such period may be extended pursuant to Section 3(d) of this Agreement), if
requested by the Initial Purchasers or by one or more Participating Broker-Dealers, in order to expedite or facilitate the disposition of any Exchange Securities by Participating Broker-Dealers consistent with the positions of the Staff recited in
Section 4(a) above. The Company and the Subsidiary Guarantor further agree that Participating Broker-Dealers shall be authorized to deliver such Prospectus during such period in connection with the resales contemplated by this Section 4. 

 
 (c) The Initial Purchasers shall have no liability to the Company, the
Subsidiary Guarantor or any Holder with respect to any request that they may make pursuant to Section 4(b) above. 
  
 5. Indemnification and Contribution. (a) The Company and the Subsidiary Guarantor, jointly and severally, agree to indemnify and hold harmless each
Initial Purchaser and each Holder, their respective affiliates, directors and officers and each Person, if any, who controls any Initial Purchaser or any Holder within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange
Act, from and against any and all losses, claims, damages and liabilities (including, without limitation, legal fees and other expenses incurred in connection with any suit, action or proceeding or any claim asserted, as such fees and expenses are
incurred), that arise out of, or are based upon, any untrue statement or alleged untrue statement of a material fact contained in any Registration Statement or any Prospectus or any omission or alleged omission to state therein a material fact
required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances under which they were made, 

  

 13 

 
not misleading, except insofar as such losses, claims, damages or liabilities arise out of, or are based upon, (A) any untrue statement or omission or
alleged untrue statement or omission made in reliance upon and in conformity with any information relating to any Initial Purchaser or information relating to any Holder furnished to the Company in writing through JPMorgan or any selling Holder
expressly for use therein or (B) any untrue statement or omission or alleged untrue statement or omission that was contained or made in any related preliminary Prospectus, if both (1) a copy of the final Prospectus was not sent or given by such
Initial Purchaser or Holder to such Person asserting any such loss, claim, damage or liability on or prior to the written confirmation of the sale of such Securities or Exchange Securities to such Person and (2) the untrue statement in or omission
from the related preliminary Prospectus was corrected in the final Prospectus, unless, in either case, such failure to deliver the final Prospectus was a result of non-compliance by the Company or the Subsidiary Guarantor with the provisions of
Section 3 hereof. In connection with any Underwritten Offering permitted by Section 3, the Company and the Subsidiary Guarantor, jointly and severally, will also indemnify the Underwriters, if any, selling brokers, dealers and similar securities
industry professionals participating in the distribution, their respective affiliates and each Person who controls such Persons (within the meaning of the Securities Act and the Exchange Act) to the same extent as provided above with respect to the
indemnification of the Holders, if requested in connection with any Registration Statement. 
  
 (b) Each Holder agrees, severally and not jointly, to indemnify and hold harmless the Company, the Subsidiary Guarantor, the Initial Purchasers and the other selling Holders, the directors of the Company and the
Subsidiary Guarantor, each officer of the Company and the Subsidiary Guarantor who signed the Registration Statement and each Person, if any, who controls the Company, the Subsidiary Guarantor, any Initial Purchaser and any other selling Holder
within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act to the same extent as the indemnity set forth in paragraph (a) above, but only with respect to any losses, claims, damages or liabilities that arise out of, or
are based upon, any untrue statement or omission or alleged untrue statement or omission made in reliance upon and in conformity with any information relating to such Holder furnished to the Company in writing by such Holder expressly for use in any
Registration Statement and any Prospectus. 
  
 (c) If any suit,
action, proceeding (including any governmental or regulatory investigation), claim or demand shall be brought or asserted against any Person in respect of which indemnification may be sought pursuant to either paragraph (a) or (b) above, such Person
(the “Indemnified Person”) shall promptly notify the Person against whom such indemnification may be sought (the “Indemnifying Person”) in writing; provided that the failure to notify the Indemnifying Person shall not
relieve it from any liability that it may have under this Section 5 except to the extent that it has been materially prejudiced (through the forfeiture of substantive rights or defenses) by such failure; and provided, further, that the
failure to notify the Indemnifying Person shall not relieve it from any liability that it may have to an Indemnified Person otherwise than under this Section 5. If any such proceeding shall be brought or asserted against an Indemnified Person and it
shall have notified the Indemnifying Person thereof, the Indemnifying Person shall retain counsel reasonably satisfactory to the Indemnified Person to represent the Indemnified Person and any others entitled to indemnification pursuant to this
Section 5 that the Indemnifying Person may designate in such proceeding and shall pay the fees and expenses of such counsel related to such proceeding, as incurred. In any such proceeding, any Indemnified 

  

 14 

 
Person shall have the right to retain its own counsel, but the fees and expenses of such counsel shall be at the expense of such Indemnified Person unless
(i) the Indemnifying Person and the Indemnified Person shall have mutually agreed to the contrary; (ii) the Indemnifying Person has failed within a reasonable time to retain counsel reasonably satisfactory to the Indemnified Person; (iii) the
Indemnified Person shall have reasonably concluded that there may be legal defenses available to it that are different from or in addition to those available to the Indemnifying Person; or (iv) the named parties in any such proceeding (including any
impleaded parties) include both the Indemnifying Person and the Indemnified Person and representation of both parties by the same counsel would be inappropriate due to actual or potential differing interests between them. It is understood and agreed
that the Indemnifying Person shall not, in connection with any proceeding or related proceeding in the same jurisdiction, be liable for the fees and expenses of more than one separate firm (in addition to any local counsel) for all Indemnified
Persons, and that all such fees and expenses shall be reimbursed as they are incurred. Any such separate firm (x) for any Initial Purchaser, its affiliates, directors and officers and any control Persons of such Initial Purchaser shall be designated
in writing by JPMorgan, (y) for any Holder, its directors and officers and any control Persons of such Holder shall be designated in writing by the Majority Holders and (z) in all other cases shall be designated in writing by the Company. The
Indemnifying Person shall not be liable for any settlement of any proceeding effected without its written consent, but if settled with such consent or if there be a final judgment for the plaintiff, the Indemnifying Person agrees to indemnify each
Indemnified Person from and against any loss or liability by reason of such settlement or judgment. Notwithstanding the foregoing sentence, if at any time an Indemnified Person shall have requested that an Indemnifying Person reimburse the
Indemnified Person for fees and expenses of counsel as contemplated by this paragraph, the Indemnifying Person shall be liable for any settlement of any proceeding effected without its written consent if (i) such settlement is entered into more than
45 days after receipt by the Indemnifying Person of such request and (ii) the Indemnifying Person shall not have reimbursed the Indemnified Person in accordance with such request prior to the date of such settlement. No Indemnifying Person shall,
without the written consent of the Indemnified Person, effect any settlement of any pending or threatened proceeding in respect of which any Indemnified Person is or could have been a party and indemnification could have been sought hereunder by
such Indemnified Person, unless such settlement (A) includes an unconditional release of such Indemnified Person, in form and substance reasonably satisfactory to such Indemnified Person, from all liability on claims that are the subject matter of
such proceeding and (B) does not include any statement as to or any admission of fault, culpability or a failure to act by or on behalf of any Indemnified Person. 
  
 (d) If the indemnification provided for in paragraphs (a) and (b) above is unavailable to an Indemnified Person or
insufficient in respect of any losses, claims, damages or liabilities referred to therein, then each Indemnifying Person under such paragraph, in lieu of indemnifying such Indemnified Person thereunder, shall contribute to the amount paid or payable
by such Indemnified Person as a result of such losses, claims, damages or liabilities (i) in such proportion as is appropriate to reflect the relative benefits received by the Company and the Subsidiary Guarantor from the offering of the Securities
and the Exchange Securities, on the one hand, and by the Holders from receiving Securities or Exchange Securities registered under the Securities Act, on the other hand, or (ii) if the allocation provided by clause (i) is not permitted by applicable
law, in such proportion as is appropriate to reflect not only the relative benefits referred to in clause (i) but also the relative fault of the Company and the Subsidiary Guarantor 

  

 15 

 
on the one hand and the Holders on the other in connection with the statements or omissions that resulted in such losses, claims, damages or liabilities, as
well as any other relevant equitable considerations. The relative fault of the Company and the Subsidiary Guarantor on the one hand and the Holders on the other shall be determined by reference to, among other things, whether the untrue or alleged
untrue statement of a material fact or the omission or alleged omission to state a material fact relates to information supplied by the Company and the Subsidiary Guarantor or by the Holders and the parties’ relative intent, knowledge, access
to information and opportunity to correct or prevent such statement or omission. 
  
 (e) The Company, the Subsidiary Guarantor and the Holders agree that it would not be just and equitable if contribution pursuant to this Section 5 were determined by pro rata allocation (even if the
Holders were treated as one entity for such purpose) or by any other method of allocation that does not take account of the equitable considerations referred to in paragraph (d) above. The amount paid or payable by an Indemnified Person as a result
of the losses, claims, damages and liabilities referred to in paragraph (d) above shall be deemed to include, subject to the limitations set forth above, any legal or other expenses incurred by such Indemnified Person in connection with any such
action or claim. Notwithstanding the provisions of this Section 5, in no event shall a Holder be required to contribute any amount in excess of the amount by which the total price at which the Securities or Exchange Securities sold by such Holder
exceeds the amount of any damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No Person guilty of fraudulent misrepresentation (within the meaning of
Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. 
  
 (f) The remedies provided for in this Section 5 are not exclusive and shall not limit any rights or remedies that may otherwise be available to any
Indemnified Person at law or in equity. 
  
 (g) The indemnity and
contribution provisions contained in this Section 5 shall remain operative and in full force and effect regardless of (i) any termination of this Agreement, (ii) any investigation made by or on behalf of the Initial Purchasers or any Holder or any
Person controlling any Initial Purchaser or any Holder, or by or on behalf of the Company or the Subsidiary Guarantor, their respective affiliates or the officers or directors of or any Person controlling the Company or the Subsidiary Guarantor,
(iii) acceptance of any of the Exchange Securities and (iv) any sale of Registrable Securities pursuant to a Shelf Registration Statement. 
  
 6. General. 
  
 (a) No Inconsistent Agreements. The Company and the Subsidiary Guarantor represent, warrant and agree that (i) the rights granted to the Holders
hereunder do not in any way conflict with and are not inconsistent with the rights granted to the holders of any other outstanding securities issued or guaranteed by the Company or the Subsidiary Guarantor under any other agreement and (ii) neither
the Company nor the Subsidiary Guarantor has entered into, or on or after the date of this Agreement will enter into, any agreement that is inconsistent with the rights granted to the Holders of Registrable Securities in this Agreement or otherwise
conflicts with the provisions hereof. 
  

 16 

 (b) Amendments and Waivers. The provisions of this Agreement, including the provisions of this
sentence, may not be amended, modified or supplemented, and waivers or consents to departures from the provisions hereof may not be given unless the Company and the Subsidiary Guarantor have obtained the written consent of Holders of at least a
majority in aggregate principal amount of the outstanding Registrable Securities affected by such amendment, modification, supplement, waiver or consent; provided that no amendment, modification, supplement, waiver or consent to any departure
from the provisions of Section 5 hereof shall be effective as against any Holder of Registrable Securities unless consented to in writing by such Holder. Any amendments, modifications, supplements, waivers or consents pursuant to this Section 6(b)
shall be by a writing executed by each of the parties hereto. 
  
 (c) Notices. All notices and other communications provided for or permitted hereunder shall be made in writing by hand-delivery, registered first-class mail, telex, telecopier, or any courier guaranteeing overnight delivery (i) if to
a Holder, at the most current address given by such Holder to the Company by means of a notice given in accordance with the provisions of this Section 6(c), which address initially is, with respect to the Initial Purchasers, the address set forth in
the Purchase Agreement; (ii) if to the Company and the Subsidiary Guarantor, initially at the Company’s address set forth in the Purchase Agreement and thereafter at such other address, notice of which is given in accordance with the provisions
of this Section 6(c); and (iii) to such other persons at their respective addresses as provided in the Purchase Agreement and thereafter at such other address, notice of which is given in accordance with the provisions of this Section 6(c). All such
notices and communications shall be deemed to have been duly given: at the time delivered by hand, if personally delivered; five Business Days after being deposited in the mail, postage prepaid, if mailed; when answered back, if telexed; when
receipt is acknowledged, if telecopied; and on the next Business Day if timely delivered to an air courier guaranteeing overnight delivery. Copies of all such notices, demands or other communications shall be concurrently delivered by the Person
giving the same to the Trustee, at the address specified in the Indenture. 
  
 (d) Successors and Assigns. This Agreement shall inure to the benefit of and be binding upon the successors, assigns and transferees of each of the parties, including, without limitation and without the need
for an express assignment, subsequent Holders; provided that nothing herein shall be deemed to permit any assignment, transfer or other disposition of Registrable Securities in violation of the terms of the Purchase Agreement or the
Indenture. If any transferee of any Holder shall acquire Registrable Securities in any manner, whether by operation of law or otherwise, such Registrable Securities shall be held subject to all the terms of this Agreement, and by taking and holding
such Registrable Securities such Person shall be conclusively deemed to have agreed to be bound by and to perform all of the terms and provisions of this Agreement and such Person shall be entitled to receive the benefits hereof. The Initial
Purchasers (in their capacity as Initial Purchasers) shall have no liability or obligation to the Company or the Subsidiary Guarantor with respect to any failure by a Holder (other than by such Initial Purchasers) to comply with, or any breach by
any Holder of, any of the obligations of such Holder (other than by such Initial Purchasers) under this Agreement. 
  
 (e) Third Party Beneficiaries. Each Holder shall be a third party beneficiary to the agreements made hereunder between the Company and the
Subsidiary Guarantor, on the one hand, and the Initial Purchasers, on the other hand, and shall have the right to enforce such 

  

 17 

 
agreements directly to the extent it deems such enforcement necessary or advisable to protect its rights or the rights of other Holders hereunder.

  
 (f) Counterparts. This Agreement may be executed in any
number of counterparts and by the parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. 
  
 (g) Headings. The headings in this Agreement are for convenience of
reference only, are not a part of this Agreement and shall not limit or otherwise affect the meaning hereof. 
  
 (h) Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of New York. 
  
 (i) Miscellaneous. This Agreement contains the entire agreement
between the parties relating to the subject matter hereof and supersedes all oral statements and prior writings with respect thereto. If any term, provision, covenant or restriction contained in this Agreement is held by a court of competent
jurisdiction to be invalid, void or unenforceable or against public policy, the remainder of the terms, provisions, covenants and restrictions contained herein shall remain in full force and effect and shall in no way be affected, impaired or
invalidated. The Company, the Subsidiary Guarantor and the Initial Purchasers shall endeavor in good faith negotiations to replace the invalid, void or unenforceable provisions with valid provisions the economic effect of which comes as close as
possible to that of the invalid, void or unenforceable provisions. 
  

 18 

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

  

			
	 RYERSON TULL, INC.

		
	By:	 	 /S/    TERENCE R.
ROGERS

	 	 	 Name: Terence R. Rogers

	 	 	 Title: Vice President – Finance and Treasurer

	
	 RYERSON TULL PROCUREMENT CORPORATION

		
	By:	 	 /S/    JAMES M.
DELANEY

	 	 	 Name: James M. Delaney

	 	 	 Title: President

  

			
	Confirmed and accepted as of the date first above written:
	
	J.P. MORGAN SECURITIES INC.
		
	By	 	 /S/    J.P. MORGAN SECURITIES
INC.

	 	 	Authorized Signatory
	
	UBS SECURITIES LLC
		
	By	 	 /S/    UBS SECURITIES LLC

	 	 	Authorized Signatory
		
	By	 	 /S/    UBS SECURITIES LLC

	 	 	Authorized Signatory

  

 19Purchase Agreement, dated 12/8/2004

  
 Exhibit 10.1

  
 EXECUTION COPY 
  
 $150,000,000 
  
 Ryerson Tull, Inc. 
  
 8.25% Senior Notes due December 15, 2011 
  
 Purchase Agreement 
  
 December 8, 2004 
  
 J.P. Morgan Securities Inc. 
 270 Park Avenue

 9th Floor 
 New York, New York 10017 
  
 UBS Securities LLC 
 299 Park Avenue 
 New York, New York 10171 
  
 Ladies and Gentlemen: 
  
 Ryerson Tull, Inc., a Delaware corporation (the “Company”), proposes to issue and sell to the initial purchasers listed on Schedule 1
hereto (the “Initial Purchasers”), $150,000,000 principal amount of its 8.25% Senior Notes due 2011 (the “Notes”). The Notes will issued pursuant to the provisions of an Indenture to be dated as of December 13, 2004
(the “Indenture”) among the Company, Ryerson Tull Procurement Corporation (the “Subsidiary Guarantor”) and The Bank of New York Trust Company, N.A., as Trustee (the “Trustee”). The Notes will be
guaranteed on a senior unsecured basis (the “Guarantee” and together with the Notes, the “Securities”) by the Subsidiary Guarantor. 
  
 The Securities will be offered without being registered under the Securities Act of 1933, as amended (together with the
rules and regulations promulgated thereunder, the “Securities Act”), in reliance upon exemptions therefrom. 
  
 Holders of the Securities (including the Initial Purchasers and their direct and indirect transferees) will be entitled to the benefits of a Registration
Rights Agreement, to be dated the Closing Date (as defined below) and substantially in the form attached hereto as Exhibit A (the “Registration Rights Agreement”). 
  
 In connection with the sale of the Securities, the Company and the Subsidiary Guarantor have prepared a preliminary offering
memorandum (including the documents incorporated by reference therein, the “Preliminary Memorandum”) and will prepare a final offering memorandum (including the documents incorporated by reference therein, the “Final
Memorandum” and, together with the Preliminary Memorandum, the “Offering Memorandum”) for the information of the Initial Purchasers and for delivery to prospective purchasers of the Securities. 
  

 The Company and the Subsidiary Guarantor hereby agree with the Initial Purchasers as follows: 

 
 1. Agreements to Sell and Purchase. The Company and the Subsidiary
Guarantor agree to issue and sell the Securities to the Initial Purchasers as hereinafter provided, and each Initial Purchaser, upon the basis of the representations and warranties herein contained, but subject to the conditions hereinafter stated,
agrees to purchase, severally and not jointly, from the Company and the Subsidiary Guarantor the Firm Securities at a purchase price of 97.875% of the principal amount thereof (the “Purchase Price”) in the respective principal
amount of Securities set forth opposite such Initial Purchaser’s name in Schedule 1 hereto plus accrued interest, if any, from December 13, 2004 to the date of payment and delivery. 
  
 2. Terms of the Offering. The Company understands that the Initial Purchasers intend to offer the Securities for
resale on the terms set forth in the Final Memorandum. 
  
 The
Company confirms that it has authorized the Initial Purchasers, subject to the restrictions set forth below, to distribute copies of the Offering Memorandum in connection with the offering of the Securities. Each Initial Purchaser hereby severally
but not jointly makes to the Company the following representations and agreements: 
  
 (i) it is a “qualified institutional buyer” within the meaning of Rule 144A under the Securities Act; 
  
 (ii) offers and sales of the Securities will be made only by
it or its affiliates qualified to do so in the jurisdictions in which such offers or sales are made; 
  
 (iii) it has not solicited offers for, or offered or sold, and will not solicit offers for, or offer to sell, the Securities by means of
any form of general solicitation or general advertising (as those terms are used in Regulation D under the Securities Act (“Regulation D”)) or in any manner involving a public offering within the meaning of Section 4(2) of the
Securities Act 
  
 (iv) it has not solicited
offers for, or offered or sold, and will not solicit offers for, or offer or sell, the Securities as part of their initial offering except: 
  
 (A) within the United States to persons who it reasonably believes to be “qualified institutional buyers” within the meaning of
Rule 144A under the Securities Act that in purchasing the Securities are deemed to have represented and agreed as provided in the Offering Memorandum; or 
  
 (B) in accordance with the restrictions set forth in Annex A hereto; and 
  
 (v) at or prior to the delivery of written confirmations of the initial resale of the Securities by the
Initial Purchasers, the Initial Purchasers shall deliver to the prospective purchasers a copy of the Final Memorandum, together with all supplements and amendments thereto, provided the Company and the Subsidiary Guarantor shall have complied
with Section 5(a) hereof. 
  

 2 

 With respect to offers and sales of the Securities to “qualified institutional buyers” within
the meaning of Rule 144A, as described in clause (iv)(A) above, each Initial Purchaser hereby represents and agrees with the Company and the Subsidiary Guarantor that prior to or contemporaneously with the purchase of the Securities, such Initial
Purchaser will take reasonable steps to inform, and cause each of its affiliates to take responsible steps to inform, persons acquiring Securities from such Initial Purchaser or affiliate, as the case may be, or other person acquiring Securities
from such Initial Purchaser or affiliate, as the case may be, that the Securities (A) are being sold to them in reliance on Rule 144A under the Securities Act, (B) have not been and, except as described in the Offering Memorandum, will not be
registered under the Securities Act, and (C) may not be offered, sold or otherwise transferred except as described in the Offering Memorandum. 
  
 3. Payment and Delivery. Payment for the Securities shall be made to the Company in Federal or other funds immediately available in New York City
against delivery of such Securities for the account of the Initial Purchasers at 10:00 a.m., New York City time, on December 13, 2004, or at such other time on the same or such other date, not later than the fifth business day thereafter, as shall
be designated in writing by you. The time and date of such payment are hereinafter referred to as the “Closing Date.” 
  
 Certificates for the Securities shall be in global form and registered in such names and in such denominations as you shall request in writing not later
than one full business day prior to the Closing Date. The certificates evidencing the Securities shall be delivered to you on the Closing Date for the account of the Initial Purchasers, with any transfer taxes payable in connection with the transfer
of the Securities to the Initial Purchasers duly paid, against payment of the Purchase Price therefor plus accrued interest, if any, to the date of payment and delivery. 
  
 4. Representations and Warranties of the Company and the Subsidiary Guarantor. The Company and the Subsidiary
Guarantor, jointly and severally, represent and warrant to each Initial Purchaser that: 
  
 (a) the Preliminary Memorandum did not, as of its date, and does not, and the Final Memorandum as of its date and in the form used by the
Initial Purchasers to confirm sales of the Securities will not as of the Closing Date, contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of the
circumstances under which they were made, not misleading; provided, however, that this representation and warranty shall not apply to any statements or omissions made in reliance upon and in conformity with information relating to any Initial
Purchaser furnished to the Company in writing by any Initial Purchaser through you expressly for use therein; 
  
 (b) the documents incorporated by reference in the Offering Memorandum, when they were filed with the Securities and Exchange Commission
(the “Commission”) conformed in all material respects to the requirements of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission thereunder (the “Exchange Act”) and none of such
documents contained an untrue statement of a material fact or omitted to state a material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading; and any further documents so filed
and incorporated by reference in the Final Memorandum, when such documents are filed with the Commission, will 

  

 3 

 
conform in all material respects to the requirements of the Exchange Act, and will not contain an untrue statement of a material fact or omit to state a
material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading; 
  
 (c) the financial statements, and the related notes thereto, of the Company included or incorporated by reference in the Offering
Memorandum present fairly, in all material respects, the consolidated financial position of the Company and its consolidated subsidiaries as of the dates indicated and the results of their operations and the changes in their consolidated cash flows
for the periods specified; and said financial statements have been prepared in conformity with generally accepted accounting principles in the United States and practices applied on a consistent basis, except as described in the notes to such
financial statements; and the supporting schedules incorporated by reference in the Offering Memorandum present fairly the information required to be stated therein in all material respects; and the other financial and statistical information and
any other financial data set forth or incorporated by reference in the Offering Memorandum present fairly, in all material respects, the information purported to be shown thereby at the respective dates or for the respective periods to which they
apply and, to the extent that such information is set forth in or has been derived from the financial statements and accounting books and records of the Company, have been prepared on a basis consistent with such financial statements and the books
and records of the Company; 
  
 (d) the financial
statements, and the related notes thereto, of Integris Metals, Inc. (“Integris”) included or incorporated by reference in the Offering Memorandum present fairly, in all material respects, the consolidated financial position of the
Integris and its consolidated subsidiaries as of the dates indicated and the results of their operations and the changes in their consolidated cash flows for the periods specified; and said financial statements have been prepared in conformity with
generally accepted accounting principles in the United States and practices applied on a consistent basis, except as described in the notes to such financial statements; and the supporting schedules set forth or incorporated by reference in the
Offering Memorandum present fairly the information required to be stated therein in all material respects; and the other financial and statistical information and any other financial data set forth or incorporated by reference in the Offering
Memorandum present fairly, in all material respects, the information purported to be shown thereby at the respective dates or for the respective periods to which they apply and, to the extent that such information is set forth in or has been derived
from the financial statements and accounting books and records of Integris, have been prepared on a basis consistent with such financial statements and the books and records of Integris; 
  
 (e) the unaudited pro forma condensed combined financial information (including the related notes)
included or incorporated by reference in the Offering Memorandum has been prepared in accordance with Article 11 of Regulation S-X (except as otherwise set forth in the Offering Memorandum), and the assumptions underlying such pro forma information
are reasonable and are set forth in the Offering Memorandum; 
  
 (f) otherwise than as set forth or contemplated in the Offering Memorandum, since the respective dates as of which information is given in the Offering Memorandum, there has not been (i) any material change in the
capital stock or long-term debt of the Company or any 

  

 4 

 
of its subsidiaries which are “significant subsidiaries” within the meaning of Regulation S-X promulgated under the Securities Act (each, a
“Significant Subsidiary” and collectively, the “Significant Subsidiaries”), or (ii) any material adverse change, or any development involving a prospective material adverse change, in or affecting the business,
financial position, stockholders’ equity or results of operations of the Company and its subsidiaries, taken as a whole (a “Material Adverse Effect”); the Company has not declared or paid any dividends or made any distribution
of any kind with respect to its capital stock, except for the regular quarterly cash dividend of $0.05 per share of Common Stock and the regular quarterly cash dividend of $0.60 per share of Series A $2.40 Cumulative Convertible Preferred Stock
declared by the Company on November 23, 2004; and except as set forth, incorporated by reference or contemplated in the Offering Memorandum neither the Company nor any of its Significant Subsidiaries has entered into any transaction or agreement
(whether or not in the ordinary course of business) material to the Company and its subsidiaries, taken as a whole; 
  
 (g) the Company has been duly incorporated and is validly existing as a corporation in good standing under the laws of its jurisdiction of
incorporation, with power and authority (corporate and other) to own its properties and conduct its business as described in the Offering Memorandum, and has been duly qualified as a foreign corporation for the transaction of business and is in good
standing under the laws of each other jurisdiction in which it owns or leases properties, or conducts any business, so as to require such qualification, other than where the failure to be so qualified or in good standing would not reasonably be
expected to have a Material Adverse Effect; 
  
 (h) each of the Subsidiary Guarantor and the Company’s other Significant Subsidiaries has been duly incorporated and is validly existing as a corporation under the laws of its jurisdiction of incorporation, with power and authority
(corporate and other) to own its properties and conduct its business as described in the Offering Memorandum, and has been duly qualified as a foreign corporation for the transaction of business and is in good standing under the laws of each
jurisdiction in which it owns or leases properties or conducts any business, so as to require such qualification, other than where the failure to be so qualified or in good standing would not reasonably be expected to have a Material Adverse Effect;
and all the outstanding shares of capital stock of the Subsidiary Guarantor and each of the other Significant Subsidiaries of the Company have been duly authorized and validly issued, are fully paid and non assessable, and are owned by the Company,
directly or indirectly, free and clear of all liens, encumbrances, security interests and claims; 
  
 (i) this Agreement has been duly authorized, executed and delivered by the Company and the Subsidiary Guarantor; 
  
 (j) the Company had, at the date indicated in the Offering
Memorandum, a duly authorized, issued and outstanding capitalization as set forth in the Offering Memorandum under the caption “Capitalization”; and all the outstanding shares of capital stock or other equity interest of each subsidiary of
the Company have been duly and validly authorized and issued, are fully paid and non-assessable and are owned directly or indirectly by the Company, free and clear of any lien, charge, encumbrance, security interest, restriction on voting or
transfer or any other claim of any third party; 
  

 5 

 (k) the shares of Common Stock outstanding on the date hereof have been duly authorized
and are validly issued, fully paid and non-assessable; 
  
 (l) the Notes have been duly authorized by the Company, and when duly executed, authenticated, issued and delivered as provided in the Indenture (assuming due authentication of the Securities by the Trustee) and paid for as provided herein
will constitute valid and binding obligations of the Company, enforceable against it in accordance with their terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and similar laws affecting
creditors’ rights and remedies generally, and subject, as to enforceability, to general principles of equity, including principles of commercial reasonableness, good faith and fair dealing (regardless of whether enforcement is sought in a
proceeding at law or in equity) and will be entitled to the benefits of the Indenture; the Notes will conform in all material respects to the descriptions thereof in the Offering Memorandum; 
  
 (m) on the Closing Date, the Exchange Securities (as defined
in the Registration Rights Agreement) (including the related guarantees) will have been duly authorized by the Company and the Subsidiary Guarantor and, when duly executed, authenticated, issued and delivered as contemplated by the Registration
Rights Agreement, will constitute valid and binding obligations of the Company, as issuer, and the Subsidiary Guarantor, as guarantor, enforceable against the Company and the Subsidiary Guarantor in accordance with their terms, subject to applicable
bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and similar laws affecting creditors’ rights and remedies generally, and subject, as to enforceability, to general principles of equity, including principles of
commercial reasonableness, good faith and fair dealing (regardless of whether enforcement is sought in a proceeding at law or in equity), and will be entitled to the benefits of the Indenture. 
  
 (n) the Indenture (including the Guarantee provided therein)
has been duly authorized by the Company and the Subsidiary Guarantor, and when executed and delivered by the Company and the Subsidiary Guarantor (assuming the authorization, execution and delivery by the Trustee) will be a valid and binding
instrument of the Company and the Subsidiary Guarantor, enforceable against the Company and the Subsidiary Guarantor in accordance with its terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and
similar laws affecting creditors’ rights and remedies generally, and subject, as to enforceability, to general principles of equity, including principles of commercial reasonableness, good faith and fair dealing (regardless of whether
enforcement is sought in a proceeding at law or in equity); and the Indenture and the Guarantee will conform in all material respects to the description thereof in the Offering Memorandum; 
  
 (o) the Registration Rights Agreement has been duly
authorized by the Company and the Subsidiary Guarantor and when executed and delivered by each of the parties thereto (assuming the due authorization, execution and delivery thereof by the Initial Purchasers) shall constitute the legal, valid and
binding obligation of the Company and the Subsidiary Guarantor, enforceable against the Company and the Subsidiary Guarantor in accordance with its terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization,
moratorium and similar laws affecting creditors’ rights and remedies generally, and subject, as to enforceability, to general principles of equity, including principles of commercial reasonableness, good faith and fair dealing (regardless of
whether enforcement is sought in a 

  

 6 

 
proceeding at law or in equity) and except that rights to indemnification and contribution thereunder may be limited by federal or state securities laws or
public policy relating thereto; and the Registration Rights Agreement will conform in all material respects to the description thereof in the Offering Memorandum; 
  
 (p) none of the Company, the Subsidiary Guarantor or any of the Company’s other Significant
Subsidiaries is, or with the giving of notice or lapse of time or both would be, in violation of or in default under, (a) its Certificate of Incorporation, Bylaws or other organizational documents or (b) except for violations and defaults which
individually or in the aggregate are not material to the Company and its subsidiaries, taken as a whole, or to the holders of the Securities, under any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument to which the
Company or the Subsidiary Guarantor or the Company’s other Significant Subsidiaries is a party or by which it or any of them or any of their respective properties is bound. The issue and sale of the Securities by the Company and the Subsidiary
Guarantor and the execution and delivery of, and the performance by the Company and the Subsidiary Guarantor of all their obligations under the Securities, the Indenture (including the Guarantee provided therein), the Registration Rights Agreement
and this Agreement, and the consummation of the transactions herein and therein contemplated, will not (i) conflict with or result in a breach of any of the terms or provisions of, or constitute a default under any indenture, mortgage, deed of
trust, loan agreement or other agreement or instrument to which the Company or any of its Significant Subsidiaries is a party or by which the Company or any of its Significant Subsidiaries is bound or to which any of the property or assets of the
Company or any of its Significant Subsidiaries is subject, (ii) result in the creation or imposition of any lien, charge or encumbrance upon any property or assets of the Company or any of its Significant Subsidiaries under any indenture, mortgage,
deed of trust, loan agreement or other agreement or instrument to which the Company or any of its Significant Subsidiaries is a party or by which the Company or any of its Significant Subsidiaries is bound or to which any of the property or assets
of the Company or any of its Significant Subsidiaries is subject, (iii) result in any violation of the provisions of the Certificate of Incorporation or the Bylaws of the Company or (iv) result in any violation of any applicable law or statute or
any order, rule or regulation of any court or governmental agency or body having jurisdiction over the Company, its Significant Subsidiaries or any of their respective properties except in the cases of clauses (i), (ii) and (iv) above, for such
conflicts, breaches, defaults, liens, charges, encumbrances or violations that are not reasonably expected to have a Material Adverse Effect; and no consent, approval, authorization, order, license, registration or qualification of or with any such
court or governmental agency or body is required on the part of the Company and the Subsidiary Guarantor for the issue and sale of the Securities or the consummation by the Company and the Subsidiary Guarantor of the transactions contemplated by
this Agreement, the Registration Rights Agreement or the Indenture, except such consents, approvals, authorizations, orders, licenses, registrations or qualifications as have been obtained or may be required under (i) state securities or Blue Sky
Laws in connection with the purchase and distribution of the Securities by the Initial Purchasers or (ii) under the Securities Act with respect to the registration of the Securities pursuant to the terms of the Registration Rights Agreement;

  
 (q) other than as set forth, incorporated by
reference or contemplated in the Offering Memorandum, there are no legal or governmental investigations, actions, suits or proceedings pending or, to the knowledge of the Company, threatened against or affecting the 

  

 7 

 
Company or any of its subsidiaries or any of their respective properties or to which the Company or any of its subsidiaries is or may be a party or to which
any property of the Company or any of its subsidiaries is or may be the subject which, if determined adversely to the Company or any of its subsidiaries, could individually or in the aggregate, reasonably be expected to have, (i) a Material Adverse
Effect, or (ii) a material adverse effect on the consummation of the transactions contemplated in this Agreement; the aggregate of all pending legal and governmental proceedings that are not described in the Offering Memorandum to which the Company
or any of its subsidiaries is a party or which affect any of their respective properties and in which there is a reasonable possibility of an adverse decision, including ordinary routine litigation incidental to the business of the Company or any
Significant Subsidiary, would not reasonably be expected to have a Material Adverse Effect; and to the best of the Company’s knowledge, no such proceedings are threatened or contemplated by governmental authorities or threatened by others;

  
 (r) assuming that Section 2(iv) is true and
correct, neither the Company, nor any affiliate (as defined in Rule 501(b) of Regulation D) of the Company has directly, or through any agent, sold, offered for sale, solicited offers to buy or otherwise negotiated in respect of, any security (as
defined in the Securities Act) which is or will be integrated with the sale of the Securities in a manner that would require the registration under the Securities Act of the offering and sale of the Securities contemplated by the Offering
Memorandum; 
  
 (s) none of the Company, the
Subsidiary Guarantor, any affiliate of the Company or any person (other than the Initial Purchasers, as to which no representations or warranties are made) acting on its or their behalf has (i) offered or sold the Securities by means of any general
solicitation or general advertising within the meaning of Rule 502(c) under the Securities Act or in any manner involving a public offering within the meaning of Section 4(2) of the Securities Act or (ii) engaged in any directed selling efforts
within the meaning of Regulation S under the Securities Act (“Regulation S”), and all such persons have complied with the offering restrictions requirements of Regulation S; 
  
 (t) the Securities satisfy the requirements set forth in
Rule 144A(d)(3) under the Securities Act; 
  
 (u)
assuming the accuracy of the representations of the Initial Purchasers contained in Section 2 hereof and their compliance with the agreements set forth therein, it is not necessary in connection with the offer, sale and delivery of the Securities in
the manner contemplated by this Agreement and the Offering Memorandum to register the Securities under the Securities Act or to qualify the Indenture under the Trust Indenture Act of 1939, as amended (the “TIA”); 
  
 (v) neither the Company nor the Subsidiary Guarantor is and,
after giving effect to the offering and sale of the Securities and the application of the proceeds thereof as described in the Offering Memorandum, will be required to register as an “investment company” as such term is defined in the
Investment Company Act of 1940, as amended; 
  
 (w) PricewaterhouseCoopers LLP, who have certified the consolidated financial statements of the Company as of February 18, 2004, are independent public accountants as required under the Securities Act; 
  

 8 

 (x) KPMG LLP, who have certified the consolidated statements of J&F Steel as of
September 17, 2004, are independent public accountants as required under the Securities Act; 
  
 (y) PricewaterhouseCoopers LLP, who have certified the consolidated financial statements of Integris as of July 28, 2004, are independent
public accountants as required under the Securities Act; 
  
 (z) the Company and its Significant Subsidiaries have filed all federal, state, local and foreign tax returns which have been required to be filed and have paid all taxes shown thereon and all assessments received by
them or any of them to the extent that such taxes have become due and are not being contested in good faith, except where the failure to do so would not have a Material Adverse Effect; and, except as disclosed in the Offering Memorandum there is no
tax deficiency that has been or might reasonably be expected to be asserted or threatened against the Company or any subsidiary; 
  
 (aa) no labor disputes exist with employees of the Company or of its Significant Subsidiaries which would reasonably be expected to have a
Material Adverse Effect; 
  
 (bb) each of the
Company and its subsidiaries is in compliance with any and all applicable foreign, federal, state and local laws and regulations relating to the protection of human health or the environment or imposing liability or standards of conduct concerning
any Hazardous Material (collectively, “Environmental Laws”), except where such non-compliance with Environmental Laws could not, singly or in the aggregate, reasonably be expected to have a Material Adverse Effect. The term
“Hazardous Material” means (i) any “hazardous substance” as defined by the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended, (ii) any “hazardous waste” as
defined by the Resource Conservation and Recovery Act, as amended, (iii) any petroleum or petroleum product, (iv) any polychlorinated biphenyl, and (v) any pollutant or contaminant or hazardous, dangerous, or toxic chemical, material, waste or
substance regulated under or within the meaning of any other Environmental Law; 
  
 (cc) each of the Company and its Significant Subsidiaries owns or possesses the right to use the patents, patent licenses, trademarks,
service marks, trade names, copyrights and know-how (including trade secrets and other unpatented and/or unpatentable proprietary or confidential information, systems or procedures) (collectively, the “Intellectual Property”)
reasonably necessary to carry on the business conducted by each as conducted on the date hereof, except to the extent that the failure to own or possess the right to use such Intellectual Property could not, singly or in the aggregate, reasonably be
expected to have a Material Adverse Effect, and, except as set forth or incorporated by reference in the Offering Memorandum, neither the Company nor any Significant Subsidiary has received any notice of infringement of or conflict with asserted
rights of others with respect to any Intellectual Property, except for notices the content of which if accurate could not, singly or in the aggregate, reasonably be expected to have a Material Adverse Effect; 
  
 (dd) the Company and each of its Significant Subsidiaries
have all licenses, franchises, permits, authorizations, approvals and orders of and from all governmental and 

  

 9 

 
regulatory officials and bodies that are necessary to own or lease and operate their properties and conduct their businesses as described in the Offering
Memorandum and that are material in relation to the business of the Company and its subsidiaries, taken as a whole; 
  
 (ee) the Company and its subsidiaries have good and marketable title in fee simple to all real property and good and marketable title to
all personal property owned by them which is material to the business of the Company and its subsidiaries, in each case free and clear of all liens, encumbrances and defects except such as are described in the Final Memorandum or such as do not
interfere with the use made and proposed to be made of such property by the Company and its subsidiaries and would not have a Material Adverse Effect; and any real property and buildings held under lease by the Company and its subsidiaries are held
by them under valid, subsisting and enforceable leases with such exceptions as are not material and do not interfere in any material respects with the use made and proposed to be made of such property and buildings by the Company and its
subsidiaries, in each case except as described in the Offering Memorandum; 
  
 (ff) the Company is in compliance with all presently applicable provisions of the Employee Retirement Income Security Act of 1974, as amended, including the regulations and published interpretations thereunder
(“ERISA”), except where the failure to be in such compliance would not, individually or in the aggregate, have a Material Adverse Effect; no “reportable event” (as defined in ERISA) has occurred with respect to any
“pension plan” (as defined in ERISA) for which the Company would have any liability, except where such liability would not, individually or in the aggregate, have a Material Adverse Effect; except for matters that would not, individually
or in the aggregate, have a Material Adverse Effect, the Company has not incurred and does not expect to incur liability under (i) Title IV of ERISA with respect to termination of, or withdrawal from, any “pension plan” or (ii) Section 412
or 4971 of the Internal Revenue Code of 1986, as amended, including the regulations and published interpretations thereunder (“Code”); and each “employee pension benefit plan” (within the meaning of Section 3(2) of ERISA)
for which the Company and each of its subsidiaries would have any liability that is intended to be qualified under Section 401(a) of the Code has received a favorable determination letter from the Internal Revenue Service with respect to its
qualified status and nothing has occurred, whether by action or by failure to act, which would reasonably be expected to cause the loss of such qualification; and no “prohibited transaction” (as defined in Section 406 of ERISA or Section
4975 of Code or “accumulated funding deficiency” (as defined in section 302 of ERISA) has occurred for which the Company or any of its subsidiaries would have any material liability; 
  
 (gg) (i) the Company and each of its Significant
Subsidiaries (i) maintains a system of internal accounting controls sufficient to provide reasonable assurances that (A) transactions are executed in accordance with management’s general or specific authorization; (B) transactions are recorded
as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain accountability for assets; (C) access to assets is permitted only in accordance with management’s general or
specific authorization; and (D) the recorded accountability for assets is compared with existing assets at reasonable intervals and appropriate action is taken with respect to any differences, and (ii) the Company maintains a system of
“disclosure controls and procedures” (as such term is defined in Rule 13a-14(c) under the Exchange Act); 
  

 10 

 (hh) the information set forth in Item 1 of Part I of the Company’s Annual Report on
Form 10-K for the fiscal year ended December 31, 2003 and in Item 3 of Part I of such Annual Report and in Item 1 of Part II of the Company’s Quarterly Reports on Form 10-Q filed since such Annual Report is correct in all material respects and
fairly presents the information called for with respect thereto in all material respects; and 
  
 (ii) the Company is in substantial compliance with the applicable provisions of the Sarbanes-Oxley Act of 2002 that are effective.

  
 5. Covenants of the Company and the Subsidiary
Guarantor. The Company and the Subsidiary Guarantor, jointly and severally, covenant and agree with the Initial Purchasers as follows: 
  
 (a) to deliver to the Initial Purchasers without charge as many copies of the Preliminary Memorandum and the Final Memorandum (including
all amendments and supplements thereto and any documents incorporated by reference therein) as the Initial Purchasers may reasonably request; 
  
 (b) before distributing any amendment or supplement to the Offering Memorandum, to furnish to the Initial Purchasers a copy of the
proposed amendment or supplement for review and (except for documents to be filed under the Exchange Act) not to distribute any such proposed amendment or supplement to which the Initial Purchasers reasonably object; 
  
 (c) if, at any time prior to the completion of the initial
placement of the Securities by the Initial Purchasers, any event shall occur as a result of which it is necessary in the opinion of the Initial Purchasers to amend or supplement the Offering Memorandum in order that the Final Memorandum will not
include an untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances when the Final Memorandum is delivered to a purchaser, not misleading, or if it is
necessary to amend or supplement the Offering Memorandum to comply with law, forthwith to prepare and furnish, at the expense of the Company, to the Initial Purchasers and to the dealers (whose names and addresses the Initial Purchasers will furnish
to the Company) to whom Securities may have been sold by the Initial Purchasers on behalf of the Initial Purchasers and to any other dealers upon request, such amendments or supplements to the Final Memorandum as may be necessary to correct such
untrue statement or omission or so that the statements in the Final Memorandum as so amended or supplemented will comply with applicable law; 
  
 (d) to use its reasonable best efforts to qualify the Securities for offer and sale under the securities or Blue Sky laws of such
jurisdictions as the Initial Purchasers shall reasonably request and to continue such qualification in effect so long as reasonably required for distribution of the Securities and to pay all fees and expenses (including fees and disbursements of
counsel to the Initial Purchasers) reasonably incurred in connection with such qualification and in connection with the determination of the eligibility of the Securities for investment under the laws of such jurisdictions as the Initial Purchasers
may designate; provided that neither the Company nor the Subsidiary Guarantor shall be required to file a general consent to service of 

  

 11 

 
process in any jurisdiction or to qualify as a foreign corporation or otherwise subject itself to taxation in any jurisdiction in which it is not otherwise
so qualified or subject; 
  
 (e) During the
period from the date hereof through and including the date that is 90 days after the date hereof, the Company and each of the Guarantors will not, without the prior written consent of J.P. Morgan Securities Inc. (“JPMorgan”), offer, sell,
contract to sell or otherwise dispose of any debt securities issued or guaranteed by the Company or any of the Guarantors and having a maturity of more than one year. 
  
 (f) to use the net proceeds received by the Company from the sale of the Securities pursuant to this
Agreement in the manner specified in the Offering Memorandum under the caption “Use of Proceeds”; 
  
 (g) during the period from the Closing Date until two years after the later of the Closing Date without the prior written consent of the
Initial Purchasers, the Company will not, and will not permit any of its “affiliates” (as defined in Rule 144 under the Securities Act) to, resell any of the Securities which constitute “restricted securities” under Rule 144 that
have been reacquired by any of them; 
  
 (h)
whether or not the transactions contemplated in this Agreement are consummated or this Agreement is terminated, to pay or cause to be paid all costs and expenses incident to the performance of its obligations hereunder, including without limiting
the generality of the foregoing, all fees, costs and expenses (i) incident to the preparation, issuance, execution, authentication and delivery of the Securities, including any expenses of the Trustee, (ii) incident to the preparation, printing and
distribution of the Preliminary Memorandum and the Final Memorandum (including in each case all exhibits, amendments and supplements thereto), (iii) incurred in connection with the registration or qualification and determination of eligibility for
investment of the Securities under the laws of such jurisdictions as the Initial Purchasers may designate (including fees of counsel for the Initial Purchasers and their disbursements), (iv) in connection with the admission for trading of the
Securities on any securities exchange or inter-dealer quotation system (as well as in connection with the admission of the Securities for trading in the Private Offerings, Resales and Trading through Automatic Linkages (“PORTAL”)
system of the National Association of Securities Dealers, Inc. (the “NASD”) or any appropriate market system), (v) related to any filing with the NASD, (vi) in connection with the printing (including word processing and duplication
costs) and delivery of this Agreement, the Indenture, the Preliminary and Supplemental Blue Sky Memoranda and any Legal Investment Survey and the furnishing to Initial Purchasers and dealers of copies of the Preliminary Memorandum and the Final
Memorandum, including mailing and shipping, as herein provided, (vii) payable to rating agencies in connection with the rating of the Securities, and (viii) any expenses incurred by the Company in connection with a “road show” presentation
to potential investors (it being understood that, except as expressly set forth in this Section 5(h) or elsewhere in this Agreement (including, but not limited to, Sections 7 and 10 hereof), the Company shall have no obligation to pay any costs and
expenses of the Initial Purchasers); 
  
 (i)
while the Securities remain outstanding and are “restricted securities” within the meaning of Rule 144(a)(3) under the Securities Act, the Company and the Subsidiary Guarantor will, during any period in which it is not subject to Section
13 or 15(d) under the 

  

 12 

 
Exchange Act, make available to the purchasers and any holder of Securities in connection with any sale thereof and any prospective purchaser of Securities
and securities analysts, in each case upon request, the information specified in, and meeting the requirements of, Rule 144A(d)(4) under the Securities Act (or any successor thereto); 
  
 (j) neither the Company nor the Subsidiary Guarantor will take any action prohibited by Regulation M under
the Exchange Act, in connection with the distribution of the Securities contemplated hereby; 
  
 (k) none of the Company, any of its affiliates (as defined in Rule 501(b) under the Securities Act) or any person (other than the Initial
Purchasers and any of their affiliates, as to which no covenant or agreement is made) acting on behalf of the Company or such affiliate will solicit any offer to buy or offer or sell the Securities by means of any form of general solicitation or
general advertising within the meaning of Regulation D, including: (i) any advertisement, article, notice or other communication published in any newspaper, magazine or similar medium or broadcast over television or radio; and (ii) any seminar or
meeting whose attendees have been invited by any general solicitation or general advertising; 
  
 (l) none of the Company, any of its affiliates (as defined in Rule 501(b) under the Securities Act) or any person (other than the Initial
Purchasers and any of their affiliates, as to which no covenant or agreement is made) acting on behalf of the Company or such affiliate will engage in any directed selling efforts within the meaning of Regulation S, and all such persons will comply
with the offering restrictions requirement of Regulation S. 
  
 (m) none of the Company, any of its affiliates (as defined in Rule 501(b) under the Securities Act) or any person (other than the Initial Purchasers and any of their affiliates, as to which no covenant or agreement is
made) acting on behalf of the Company or such affiliate will sell, offer for sale or solicit offers to buy or otherwise negotiate in respect of any security (as defined in the Securities Act) which will be integrated with the sale of the Securities
in a manner which would require the registration under the Securities Act of the Securities and the Company will take all action that is appropriate or necessary to assure that its offerings of other securities will not be integrated for purposes of
the Securities Act with the offering contemplated hereby; 
  
 (n) no later than the effective date of the registration statement for the registration of the Securities pursuant to the Registration Rights Agreement, or at such earlier time as may be so required, to qualify the
Indenture under the TIA, and to enter into any necessary supplemental indentures in connection therewith; and 
  
 (o) The Company will assist the Initial Purchasers in arranging for the Securities to be designated PORTAL Market securities in accordance
with the rules and regulations adopted by the NASD relating to trading in the PORTAL Market and for the Securities to be eligible for clearance and settlement through The Depository Trust Company (“DTC”). 
  

 13 

 6. Conditions to the Initial Purchasers’ Obligations. The several obligations of the Initial
Purchasers hereunder to purchase the Firm Securities on the Closing Date are subject to the performance by the Company and the Subsidiary Guarantor of their respective obligations hereunder and to the following additional conditions: 
  
 (a) the representations and warranties of the Company and
the Subsidiary Guarantor contained herein are true and correct on and as of the Closing Date as if made on and as of the Closing Date and the Company and the Subsidiary Guarantor shall have complied with all agreements and all conditions on its part
to be performed or satisfied hereunder at or prior to the Closing Date; 
  
 (b) subsequent to the execution and delivery of this Agreement, there shall not have occurred any downgrading below the credit rating assigned at the date of execution of this Agreement, nor shall any notice have been
given of (i) any intended or potential downgrading or adverse change in outlook below the credit rating assigned at the date of execution of this Agreement or (ii) any review or possible change that does not indicate an improvement in the rating
accorded the Company, the Company’s financial strength or any securities of or guaranteed by the Company or the Subsidiary Guarantor by any “nationally recognized statistical rating organization”, as such term is defined for purposes
of Rule 436(g)(2) under the Securities Act; 
  
 (c) since the respective dates as of which information is given in the Final Memorandum (excluding any amendment or supplement thereto after the date hereof) there shall not have been any (a) material change in the capital stock or long
term debt of the Company or any of the Significant Subsidiaries or (b) any change or any development involving a prospective material adverse change, in or affecting the business, its financial condition, management or results of operations of the
Company and its subsidiaries, taken as a whole otherwise than as set forth or incorporated by reference or contemplated in the Final Memorandum, the effect of which in the judgment of the Initial Purchasers makes it impracticable or inadvisable to
proceed with the offering or the delivery of the Securities on the Closing Date on the terms and in the manner contemplated in the Final Memorandum; 
  
 (d) the Initial Purchasers shall have received on and as of the Closing Date a certificate of an executive officer of the Company and the
Subsidiary Guarantor, with specific knowledge about the Company’s or the Subsidiary Guarantor’s, as applicable, financial matters, satisfactory to the Initial Purchasers to the effect set forth in Sections 6(a) and 6(b) and to the further
effect that there has not occurred any change, or any development involving a prospective change in or affecting the business, financial position, stockholders’ equity or results of operations of the Company or its subsidiaries, taken as a
whole, that would reasonably be expected to have a Material Adverse Effect other than as set forth or incorporated by reference or contemplated in the Final Memorandum; 
  
 (e) Mayer, Brown, Rowe & Maw LLP, outside counsel for the Company, shall have furnished to the Initial
Purchasers their written opinion, dated the Closing Date, in form and substance satisfactory to the Initial Purchasers, to the effect that: 
  
 (i) each of the Company and the Subsidiary Guarantor has been duly incorporated and is validly existing as a corporation in good standing
under the laws of its jurisdiction of incorporation, with power and authority (corporate and other) to own its properties and conduct its business as described in the Offering Memorandum; 
  

 14 

 (ii) each of the Company and the Subsidiary Guarantor has all requisite corporate power
and authority to execute and deliver this Agreement and the Registration Rights Agreement and to perform its obligations thereunder; the execution, delivery and performance of this Agreement and the Registration Rights Agreement by the Company and
the Subsidiary Guarantor has been duly authorized by all necessary corporate action on the part of the Company and the Subsidiary Guarantor; this Agreement has been duly and validly executed and delivered by the Company and the Subsidiary Guarantor;
and the Registration Rights Agreement has been duly and validly executed and delivered by the Company and the Subsidiary Guarantor and (assuming the due authorization, execution and delivery thereof by the Initial Purchasers) constitutes the legal,
valid and binding obligation of the Company and the Subsidiary Guarantor, enforceable against the Company and the Subsidiary Guarantor in accordance with its terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization,
moratorium and similar laws affecting creditors’ rights and remedies generally, and subject, as to enforceability, to general principles of equity, including principles of commercial reasonableness, good faith and fair dealing (regardless of
whether enforcement is sought in a proceeding at law or in equity) and except that rights to indemnification and contribution thereunder may be limited by federal or state securities laws or public policy relating thereto; 
  
 (iii) the Notes have been duly authorized and, when executed
by the Company and authenticated by the Trustee in accordance with the terms of the Indenture and delivered to and paid for by the Initial Purchasers in accordance with the terms of this Agreement, will be legal, valid and binding obligations of the
Company, and enforceable against the Company in accordance with their terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and similar laws affecting creditors’ rights and remedies generally,
and subject, as to enforceability, to general principles of equity, including principles of commercial reasonableness, good faith and fair dealing (regardless of whether enforcement is sought in a proceeding at law or in equity) and will be entitled
to the benefits of the Indenture; 
  
 (iv) the
Company and the Subsidiary Guarantor have all requisite corporate power and authority to execute and deliver the Indenture and perform their respective obligations thereunder; the execution and delivery of the Indenture (including the Guarantee
provided therein) has been authorized by all necessary corporate action on the part of the Company and the Subsidiary Guarantor; the Indenture (including the Guarantee provided therein) has been duly executed and delivered by the Company and the
Subsidiary Guarantor and (assuming the due authorization, execution and delivery thereof by the Trustee) constitutes a valid and binding instrument of the Company and the Subsidiary Guarantor, enforceable against the Company and the Subsidiary
Guarantor in accordance with its terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and similar laws affecting creditors’ rights and remedies generally, and subject, as to enforceability, to
general principles of equity, including principles of commercial reasonableness, good faith and fair dealing (regardless of whether enforcement is sought in a proceeding at law or in equity); 
  

 15 

 (v) each of the Indenture, the Registration Rights Agreement and the Securities conform
in all material respects to the description thereof contained in the Offering Memorandum; 
  
 (vi) The Exchange Securities (including the related guarantee) have been duly authorized by the Company and the Subsidiary Guarantor and,
when duly executed, authenticated, issued and delivered as contemplated by the Registration Rights Agreement, will constitute valid and binding obligations of the Company, as issuer, and the Subsidiary Guarantor, as guarantor, enforceable against
the Company and the Subsidiary Guarantor in accordance with their terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and similar laws affecting creditors’ rights and remedies generally, and
subject, as to enforceability, to general principles of equity, including principles of commercial reasonableness, good faith and fair dealing (regardless of whether enforcement is sought in a proceeding at law or in equity); 
  
 (vii) to our knowledge, no consent, approval, authorization
or qualification of or with any federal or state court, governmental agency or body is required for the issue and sale of the Securities or the consummation by the Company and the Subsidiary Guarantor of the transactions contemplated by this
Agreement, the Registration Rights Agreement or the Indenture, except such consents, approvals, authorizations, orders, licenses, registrations or qualifications as have been obtained or may be required under (i) state securities or Blue Sky Laws in
connection with the purchase and distribution of the Securities by the Initial Purchasers or (ii) the Securities Act and the TIA, with respect to the registration of the Securities pursuant to the terms of the Registration Rights Agreement;

  
 (viii) assuming (i) the representations of
the Initial Purchasers, the Company and the Subsidiary Guarantor contained in this Agreement are true, correct and complete, (ii) compliance by the Initial Purchasers, the Company and the Subsidiary Guarantor with their respective covenants set
forth in this Agreement and (iii) the accuracy of the representations and warranties made in accordance with this Agreement and the Final Memorandum by purchasers to whom the Initial Purchasers initially resell the Securities, it is not necessary in
connection with the offer, sale and delivery of the Securities to the Initial Purchasers pursuant to this Agreement, in the manner contemplated by this Agreement and described in the Offering Memorandum, to register the Securities under the
Securities Act of 1933, as amended, or to qualify the Indenture under the Trust Indenture Act of 1939, as amended; 
  
 (ix) neither the Company nor the Subsidiary Guarantor is and, after giving effect to the offering and sale of the Securities and the
application of the proceeds thereof as described in the Final Memorandum, will be required to register as an “investment company” as defined in the Investment Company Act of 1940, as amended; 
  
 (x) when the Securities are issued and delivered pursuant to
this Agreement, none of the Securities will be of the same class (within the meaning of Rule 144A under the Securities Act) as securities of the Company that are listed on a national 

  

 16 

 
securities exchange registered under Section 6 of the Exchange Act or that are quoted in a United States automated inter-dealer quotation system; 

 
 (xi) the statements in the Final Memorandum under the
captions “Description of notes,” “Registration rights” and “Transfer restrictions,” under Item 3 of Part I of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2003, under Item 1 of
Part II of the Company’s Quarterly Reports on Form 10-Q filed since such Annual Report and under Item 5 (prior to August 23, 2004) or Item 8.01 (on or after August 23, 2004) of the Company’s Current Reports on Form 8-K, if any, filed since
such Annual Report, insofar as such statements constitute summaries of the legal matters, documents or proceedings referred to therein, present the information called for with respect to such legal matters, documents or proceedings; 
  
 (xii) the statements set forth in the Offering Memorandum
under the caption “Material United States federal income tax considerations,” insofar as they purport to constitute summaries of matters of United States federal tax law and regulations or legal conclusions with respect thereto, constitute
accurate summaries of the matters described therein in all material respects; 
  
 (xiii) (A) such counsel is of the opinion that each document incorporated by reference in the Final Memorandum (except for the financial statements and related schedules included therein as to which such counsel need
express no opinion) complied as to form when filed with the Commission in all material respects with the Exchange Act and the rules and regulations of the Commission thereunder and (B) no facts have come to such counsel’s attention that have
caused such counsel to believe that the Final Memorandum (it being understood that such counsel expresses no view with respect to the financial statements and other financial information contained therein or omitted therefrom), as of the date of its
issuance or as of the date hereof, contained an untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were
made, not misleading; and 
  
 (xiv) neither the
Company nor any of its Significant Subsidiaries is, or with the giving of notice or lapse of time or both would be, in violation of or in default under, (a) its Certificate of Incorporation, Bylaws or other organizational documents or (b) except for
violations and defaults which individually and in the aggregate would not reasonably be expected to have a Material Adverse Effect, under any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument known to such counsel
to which the Company or any of its Significant Subsidiaries is a party or by which it or any of them or any of their respective properties is bound; the issue and sale of the Securities (including the Guarantee) and the performance by the Company
and the Subsidiary Guarantor of their respective obligations under the Securities, the Indenture, the Registration Rights Agreement and this Agreement and the consummation of the transactions herein and therein contemplated will not (w) conflict
with, or result in a breach of, any of the terms or provisions of, or constitute a default under, any indenture, mortgage, deed of trust, loan agreement or other material agreement or instrument known to such counsel to which the Company or any of
its Significant Subsidiaries is a party or 

  

 17 

 
by which the Company or any of its Significant Subsidiaries is bound or to which any of the property or assets of the Company or any of its Significant
Subsidiaries is subject, (x) result in the creation or imposition of any lien, charge or encumbrance upon any property or assets of the Company or any of its Significant Subsidiaries under any indenture, mortgage, deed of trust, loan agreement or
other material agreement or instrument known to such counsel to which the Company or any of its Significant Subsidiaries is a party or by which the Company or any of its Significant Subsidiaries is bound or to which any of the property or assets of
the Company or any of its Significant Subsidiaries is subject, (y) result in any violation of the provisions of the Certificate of Incorporation, Bylaws or other organizational documents of the Company or (z) result in any violation of any
applicable law or statute or any order, rule or regulation of any court or governmental agency or body having jurisdiction over the Company, its Significant Subsidiaries or any of their respective properties, except in the cases of clauses (w), (x)
and (z) above, for such conflicts, breaches, defaults, liens, charges, encumbrances or violations as would not reasonably be expected to have a Material Adverse Effect. 
  
 In rendering such opinions, such counsel may rely (A) as to matters involving the application of laws other than the laws of
the United States and the States of Delaware, New York and Illinois, to the extent such counsel deems proper and to the extent specified in such opinion, if at all, upon an opinion or opinions (reasonably satisfactory to Initial Purchasers’
counsel) of other counsel reasonably acceptable to the Initial Purchasers’ counsel, familiar with the applicable laws; and (B) as to matters of fact, to the extent such counsel deems proper, on certificates of responsible officers of each of
the Company and the Subsidiary Guarantor and certificates or other written statements of officials of jurisdictions having custody of documents respecting the corporate existence or good standing of the Company and the Subsidiary Guarantor. The
opinion of such counsel for the Company and the Subsidiary Guarantor shall state that the opinion of any such other counsel is in form satisfactory to such counsel and, in such counsel’s opinion, the Initial Purchasers and they are justified in
relying thereon. With respect to the matters to be covered in subparagraph (xiii)(B) above, counsel may provide the opinion in the form of negative assurance and may state their opinion and belief is based upon their participation in the preparation
of the Offering Memorandum and any amendment or supplement thereto but is without independent check or verification except as specified. 
  
 (f) Joyce E. Mims, General Counsel of the Company, shall have furnished to the Initial Purchasers her written opinion, dated the Closing
Date, in form and substance satisfactory to the Initial Purchasers, to the effect that: 
  
 (i) the Company has been duly qualified as a foreign corporation for the transaction of business and is in good standing under the laws of
each other jurisdiction in which it owns or leases properties, or conducts any business, so as to require such qualification, other than where the failure to be so qualified or in good standing would not reasonably be expected have a Material
Adverse Effect; 
  
 (ii) each of the
Company’s subsidiaries has been duly incorporated and is validly existing as a corporation under the laws of its jurisdiction of incorporation with power and authority (corporate and other) to own its properties and conduct its business as
described in the Final Memorandum and has been duly qualified as a foreign 

  

 18 

 
corporation for the transaction of business and is in good standing under the laws of each other jurisdiction in which it owns or leases properties, or
conducts any business, so as to require such qualification, other than where the failure to be so qualified and in good standing would not reasonably be expected to have a Material Adverse Effect; and all of the outstanding shares of capital stock
of each Significant Subsidiary have been duly and validly authorized and issued, are fully paid and non assessable, and (except in the case of foreign subsidiaries, for directors’ qualifying shares) are owned directly or indirectly by the
Company, free and clear of all liens, encumbrances, equities or claims; 
  
 (iii) to the best of such counsel’s knowledge after diligent inquiry, other than as set forth, incorporated by reference or contemplated in the Final Memorandum, there are no legal or governmental proceedings
pending or threatened to which the Company or any of its subsidiaries is or may be a party or to which any property of the Company or its subsidiaries is or may be the subject which, if determined adversely to the Company or such subsidiaries, could
individually or in the aggregate reasonably be expected to have a Material Adverse Effect; 
  
 (iv) neither the Company nor any of its Significant Subsidiaries is, or with the giving of notice or lapse of time or both would be, in
violation of or in default under, (a) its Certificate of Incorporation, Bylaws or other organizational documents or (b) except for violations and defaults which individually and in the aggregate are not material to the Company and its subsidiaries,
taken as a whole, or to the holders of the Securities, under any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument known to such counsel to which the Company or any of its Significant Subsidiaries is a party or by
which it or any of them or any of their respective properties is bound; the issue and sale of the Securities (including the Guarantee) and the performance by the Company and the Subsidiary Guarantor of their respective obligations under the
Securities, the Indenture, the Registration Rights Agreement and this Agreement and the consummation of the transactions herein and therein contemplated will not (x) conflict with or result in a breach of any of the terms or provisions of, or
constitute a default under, any indenture, mortgage, deed of trust, loan agreement or other material agreement or instrument known to such counsel to which the Company or any of its Significant Subsidiaries is a party or by which the Company or any
of its Significant Subsidiaries is bound or to which any of the property or assets of the Company or any of its Significant Subsidiaries is subject, (w) result in the creation or imposition of any lien, charge or encumbrance upon any property or
assets of the Company or any of its Significant Subsidiaries under any indenture, mortgage, deed of trust, loan agreement or other material agreement or instrument known to such counsel to which the Company or any of its Significant Subsidiaries is
a party or by which the Company or any of its Significant Subsidiaries is bound or to which any of the property or assets of the Company or any of its Significant Subsidiaries is subject; (y) result in any violation of the provisions of the
Certificate of Incorporation, Bylaws or other organizational documents of the Company or (z) result in any violation of any applicable law or statute or any order, rule or regulation of any court or governmental agency or body having jurisdiction
over the Company, its Significant Subsidiaries or any of their respective properties, except in the cases of clauses (w), (x) and (z) above, for such 

  

 19 

 
conflicts, breaches, defaults, liens, charges, encumbrances or violations as would not reasonably be expected to have a Material Adverse Effect; 

 
 (g) on the date of the issuance of the Final Memorandum
and also on the Closing Date, PricewaterhouseCoopers LLP shall have furnished to the Initial Purchasers letters, dated the respective dates of delivery thereof, in form and substance satisfactory to you, containing statements and information of the
type customarily included in accountants “comfort letters” to underwriters with respect to the financial statements and certain financial information contained or incorporated by reference in the Offering Memorandum; 
  
 (h) the Initial Purchasers shall have received on and as of
the Closing Date an opinion and statement of Simpson Thacher & Bartlett LLP, counsel to the Initial Purchasers, in form and substance satisfactory to you; 
  

(i) the Securities shall have been approved by the NASD for trading in the PORTAL Market and shall be eligible for clearance and
settlement through DTC; 
  
 (j) The Company shall
have entered into an amendment to the Company’s revolving credit agreement (the “Revolving Credit Facility”) or shall have received a waiver of the applicable provisions of the Revolving Credit Facility, such that the
Securities may be issued pursuant to this Agreement without causing an Event of Default (as defined in the Revolving Credit Facility) under the Revolving Credit Facility (the “Bank Amendment”); 
  
 (k) the Company and the Subsidiary Guarantor shall have
entered into the Registration Rights Agreement; and 
  
 (l) on or prior to the Closing Date, the Company and the Subsidiary Guarantor shall have furnished to the Initial Purchasers such further certificates and documents as the Initial Purchasers or their counsel shall reasonably request.

  
 7. Indemnity and Contribution. The Company and the
Subsidiary Guarantor jointly and severally agree to indemnify and hold harmless each Initial Purchaser, its directors and officers and each person, if any, who controls any Initial Purchaser within the meaning of either Section 15 of the Securities
Act or Section 20 of the Exchange Act, from and against any and all losses, claims, damages and liabilities (including without limitation the legal fees and other expenses incurred in connection with any suit, action or proceeding or any claim
asserted) that are caused by any untrue statement or alleged untrue statement of a material fact contained in the Preliminary Memorandum (and any amendment or supplement thereto) or the Final Memorandum (and any amendment or supplement thereto if
the Company and the Subsidiary Guarantor shall have furnished any amendments or supplements thereto), or caused by any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements
therein not misleading, except insofar as such losses, claims, damages or liabilities caused by any untrue statement or omission or alleged untrue statement or omission made in reliance upon, and in conformity with, information relating to any
Initial Purchaser furnished to the Company in writing by such Initial Purchaser through the Initial Purchasers expressly for use therein; provided that the foregoing indemnity with respect to any Preliminary Offering Memorandum shall not
inure to the benefit of the Initial Purchasers (or the 

  

 20 

 
benefit of any person controlling the Initial Purchasers) from whom the person asserting any such losses, claims, damages or liabilities purchased Securities
if such untrue statement or omission or alleged untrue statement or omission made in such Preliminary Memorandum is eliminated or remedied in the Final Memorandum (as amended or supplemented if the Company shall have furnished any amendments or
supplements thereto) and, if required by law in jurisdictions outside the United States, a copy of the Final Memorandum (as so amended or supplemented) shall not have been furnished to such person at or prior to the written confirmation of the sale
of such Securities to such person. 
  
 Each Initial Purchaser
agrees, severally and not jointly, to indemnify and hold harmless the Company, the Subsidiary Guarantor, the directors and officers of each of the Company and the Subsidiary Guarantor and each person who controls the Company or the Subsidiary
Guarantor within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act, to the same extent as the foregoing indemnity from the Company and the Subsidiary Guarantor to each Initial Purchaser, but only with reference to
information relating to such Initial Purchaser furnished to the Company in writing by such Initial Purchaser expressly for use in the Offering Memorandum or any amendment or supplement thereto. 
  
 If any suit, action, proceeding (including any governmental or regulatory
investigation), claim or demand shall be brought or asserted against any person in respect of which indemnity may be sought pursuant to either of the two preceding paragraphs, such person (the “Indemnified Person”) shall promptly
notify the person against whom such indemnity may be sought (the “Indemnifying Person”) in writing, and the Indemnifying Person, upon request of the Indemnified Person, shall retain counsel reasonably satisfactory to the Indemnified
Person to represent the Indemnified Person and any others the Indemnifying Person may designate in such proceeding and shall pay the fees and expenses of such counsel related to such proceeding. In any such proceeding, any Indemnified Person shall
have the right to retain its own counsel, but the fees and expenses of such counsel shall be at the expense of such Indemnified Person unless (i) the Indemnifying Person and the Indemnified Person shall have mutually agreed to the contrary, (ii) the
Indemnifying Person has failed within a reasonable time to retain counsel reasonably satisfactory to the Indemnified Person or (iii) the named parties in any such proceeding (including any impleaded parties) include both the Indemnifying Person and
the Indemnified Person and representation of both parties by the same counsel would be inappropriate due to actual or potential differing interests between them. It is understood that the Indemnifying Person shall not, in connection with any
proceeding or related proceeding in the same jurisdiction, be liable for the fees and expenses of more than one separate firm (in addition to any local counsel) for all Indemnified Persons, and that all such fees and expenses shall be reimbursed as
they are incurred. Any such separate firm for any Initial Purchaser, its directors and officers and any control persons of such Initial Purchaser shall be designated in writing by JPMorgan and any such separate firm for the Company and the
Subsidiary Guarantor, the directors and officers of the Company and the Subsidiary Guarantor and such control persons of the Company and the Subsidiary Guarantor shall be designated in writing by the Company. The Indemnifying Person shall not be
liable for any settlement of any proceeding effected without its written consent, but if settled with such consent or if there be a final judgment for the plaintiff, the Indemnifying Person agrees to indemnify any Indemnified Person from and against
any loss or liability by reason of such settlement or judgment. Notwithstanding the foregoing sentence, if at any time an Indemnified Person shall have requested an Indemnifying Person to reimburse the 

  

 21 

 
Indemnified Person for fees and expenses of counsel as contemplated by the third sentence of this paragraph, the Indemnifying Person agrees that it shall be
liable for any settlement of any proceeding effected without its written consent if (i) such settlement is entered into more than 30 days after receipt by such Indemnifying Person of the aforesaid request and (ii) such Indemnifying Person shall not
have reimbursed the Indemnified Person in accordance with such request prior to the date of such settlement. No Indemnifying Person shall, without the prior written consent of the Indemnified Person, effect any settlement of any pending or
threatened proceeding in respect of which any Indemnified Person is or could have been a party and indemnity could have been sought hereunder by such Indemnified Person, unless such settlement includes an unconditional release of such Indemnified
Person from all liability on claims that are the subject matter of such proceeding on terms reasonably satisfactory to such Indemnified Person. 
  
 If the indemnification provided for in the first and second paragraphs of this Section 7 is unavailable to an Indemnified Person or insufficient in
respect of any losses, claims, damages or liabilities referred to therein, then each Indemnifying Person under such paragraph, in lieu of indemnifying such Indemnified Person thereunder, shall contribute to the amount paid or payable by such
Indemnified Person as a result of such losses, claims, damages or liabilities (i) in such proportion as is appropriate to reflect the relative benefits received by the Company and the Subsidiary Guarantor on the one hand and the Initial Purchasers
on the other hand from the offering of the Securities or (ii) if the allocation provided by clause (i) above is not permitted by applicable law, in such proportion as is appropriate to reflect not only the relative benefits referred to in clause (i)
above but also the relative fault of the Company and the Subsidiary Guarantor on the one hand and the Initial Purchasers on the other in connection with the statements or omissions that resulted in such losses, claims, damages or liabilities, as
well as any other relevant equitable considerations. The relative benefits received by the Company and the Subsidiary Guarantor on the one hand and the Initial Purchasers on the other shall be deemed to be in the same respective proportions as the
net proceeds from the offering of such Securities (before deducting expenses) received by the Company and the total discounts and commissions received by the Initial Purchasers bear to the aggregate offering price of the Securities. The relative
fault of the Company and the Subsidiary Guarantor on the one hand and the Initial Purchasers on the other shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or
alleged omission to state a material fact relates to information supplied by the Company or the Subsidiary Guarantor or by the Initial Purchasers and the parties’ relative intent, knowledge, access to information and opportunity to correct or
prevent such statement or omission. 
  
 The Company, the
Subsidiary Guarantor and the Initial Purchasers agree that it would not be just and equitable if contribution pursuant to this Section 7 were determined by pro rata allocation (even if the Initial Purchasers were treated as one entity for
such purpose) or by any other method of allocation that does not take account of the equitable considerations referred to in the immediately preceding paragraph. The amount paid or payable by an Indemnified Person as a result of the losses, claims,
damages and liabilities referred to in the immediately preceding paragraph shall be deemed to include, subject to the limitations set forth above, any legal or other expenses incurred by such Indemnified Person in connection with investigating or
defending any such action or claim. Notwithstanding the provisions of this Section 7, in no event shall an Initial Purchaser be required to contribute any amount in excess of the amount by which the total 

  

 22 

 
price at which the Securities purchased by it were offered exceeds the amount of any damages that such Initial Purchaser has otherwise been required to pay
by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any person who
was not guilty of such fraudulent misrepresentation. The Initial Purchasers’ obligations to contribute pursuant to this Section 7 are several in proportion to the respective principal amount of the Securities set forth opposite their names in
Schedule I hereto, and not joint. 
  
 The remedies provided for in
this Section 7 are not exclusive and shall not limit any rights or remedies which may otherwise be available to any indemnified party at law or in equity. 
  
 The indemnity and contribution agreements contained in this Section 7 and the representations and warranties of the Company, the Subsidiary Guarantor and
the Initial Purchasers set forth in this Agreement shall remain operative and in full force and effect regardless of (i) any termination of this Agreement, (ii) any investigation made by or on behalf of any Initial Purchaser or any person
controlling any Initial Purchaser or by or on behalf of the Company, the Subsidiary Guarantor, the officers or directors of each of the Company and the Subsidiary Guarantor or any other person controlling the Company and the Subsidiary Guarantor and
(iii) acceptance of and payment for any of the Securities. 
  
 8.
Termination. Notwithstanding anything herein contained, this Agreement may be terminated in the absolute discretion of the Initial Purchasers, by notice given to the Company, if after the execution and delivery of this Agreement and prior to
the closing of the Offering (i) trading generally shall have been suspended or materially limited on or by, as the case may be, any of the New York Stock Exchange, the American Stock Exchange, the National Association of Securities Dealers, Inc.,
the Chicago Board Options Exchange, the Chicago Mercantile Exchange or the Chicago Board of Trade or the over-the-counter market, (ii) trading of any securities of or guaranteed by the Company and the Subsidiary Guarantor shall have been suspended
on any exchange or in any over the counter market, (iii) a general moratorium on commercial banking activities in New York shall have been declared by either Federal or New York State authorities, or (iv) there shall have occurred any outbreak or
escalation of hostilities or any change in financial markets or any calamity or crisis that, in the judgment of the Initial Purchasers, is material and adverse and which, in the judgment of the Initial Purchasers, makes it impracticable to offer,
sell or deliver the Securities on the terms and in the manner contemplated in the Final Memorandum or to enforce contracts for the sale of the Securities. 
  
 9. Effectiveness; Defaulting Initial Purchasers. This Agreement shall become effective upon the execution and delivery hereof by the parties
hereto. 
  
 If, on the Closing Date either of the Initial
Purchasers shall fail or refuse to purchase Securities which it has agreed to purchase hereunder on such date, and the aggregate principal amount of Securities which such defaulting Initial Purchaser agreed but failed or refused to purchase is not
more than one-tenth of the aggregate principal amount of the Securities to be purchased on such date, the other Initial Purchaser shall be obligated to purchase the Securities which such defaulting Initial Purchaser agreed but failed or refused to
purchase on such date; provided that in no event shall the principal amount of Securities that any Initial Purchaser has 

  

 23 

 
agreed to purchase pursuant to Section 1 be increased pursuant to this Section 9 by an amount in excess of one-tenth of such principal amount of Securities
without the written consent of such Initial Purchaser. If, on the Closing Date any Initial Purchaser shall fail or refuse to purchase Securities which it or they have agreed to purchase hereunder on such date, and the aggregate principal amount of
Securities with respect to which such default occurs is more than one-tenth of the aggregate principal amount of Securities to be purchased on such date, and arrangements satisfactory to the Initial Purchasers and the Company for the purchase of
such Securities are not made within 36 hours after such default, this Agreement shall terminate without liability on the part of the non-defaulting Initial Purchaser or the Company. In any such case either the Initial Purchasers or the Company shall
have the right to postpone the Closing Date, but in no event for longer than seven days, in order that the required changes, if any, in the Final Memorandum or in any other documents or arrangements may be effected. Any action taken under this
paragraph shall not relieve any defaulting Initial Purchaser from liability in respect of any default of such Initial Purchaser under this Agreement. 
  
 10. Reimbursement. If this Agreement shall be terminated by the Initial Purchasers, or any of them, because of any failure or refusal on the part
of the Company or the Subsidiary Guarantor to comply with the terms or to fulfill any of the conditions of this Agreement, or if for any reason the Company or the Subsidiary Guarantor shall be unable to perform its obligations under this Agreement
or any condition of the Initial Purchasers’ obligations cannot be fulfilled, the Company and the Subsidiary Guarantor jointly and severally agree to reimburse the Initial Purchasers or such Initial Purchaser as has so terminated this Agreement
with respect to itself, severally, for all out of pocket expenses (including the reasonable fees and expenses of their counsel) incurred by such Initial Purchasers in connection with this Agreement or the offering contemplated hereunder. 

 
 11. Parties. This Agreement shall inure to the benefit of and be
binding upon the Company, the Subsidiary Guarantor, the Initial Purchasers, any controlling persons referred to herein and their respective successors and assigns. Nothing expressed or mentioned in this Agreement is intended or shall be construed to
give any other person, firm or corporation any legal or equitable right, remedy or claim under or in respect of this Agreement or any provision herein contained. No purchaser of Securities from any Initial Purchaser shall be deemed to be a successor
by reason merely of such purchase. 
  
 12. Notices. Any
action by the Initial Purchasers hereunder may be taken by JPMorgan on behalf of the Initial Purchasers, and any such action taken by JPMorgan shall be binding upon the Initial Purchasers. All notices and other communications hereunder shall be in
writing and shall be deemed to have been duly given if mailed or transmitted by any standard form of telecommunication. Notices to the Initial Purchasers shall be given to the Initial Purchasers c/o J.P. Morgan Securities Inc., 270 Park Avenue, New
York, New York 10017 (telefax: (212) 270-1063); Attention: Matthew Lyness. Notices to the Company and the Subsidiary Guarantor shall be given to it at 2621 West 15th Place, Chicago, IL 60608; Attention: Corporate Secretary. 
  
 13. Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

  

 24 

 14. Counterparts. This Agreement may be signed in counterparts, each of which shall be an original
and all of which together shall constitute one and the same instrument. 
  

 25 

 If the foregoing is in accordance with your understanding, please sign and return four counterparts
hereof. 
  

			
	Very truly yours,
	
	Ryerson Tull, Inc.
		
	By:	 	 /s/    Terence R. Rogers

	 	 	 Name: Terence R. Rogers

	 	 	 Title: Vice President—Finance and Treasurer

  

			
	Ryerson Tull Procurement Corporation
		
	By:	 	 /s/    Terence R. Rogers

	 	 	 Name: Terence R. Rogers

	 	 	 Title: Treasurer

  

			
	The foregoing Purchase Agreement is hereby confirmed and accepted as of the date first above written.
	
	J.P. MORGAN SECURITIES INC.
		
	By:	 	 /s/    D.A. Dwyer

	 	 	 Name: D.A. Dwyer

	 	 	 Title: Vice President

  

			
	UBS SECURITIES LLC
		
	By:	 	 /s/    Jonathan Rose

	 	 	 Name: Jonathan Rose

	 	 	 Title: Director

  

			
		
	By:	 	 /s/    Charles McMullan

	 	 	 Name: Charles McMullan

	 	 	 Title: Associate Director

  

  
 SCHEDULE 1 

 

				
	 Initial Purchaser

	  	Principal Amount
of Securities

	 J.P. Morgan Securities Inc.
	  	$	90,000,000
	 UBS Securities LLC
	  	 	60,000,000
	 	  	
	

	 Total
	  	$	150,000,000

  

  
 ANNEX A 
  
 Restrictions on Offers and Sales Outside the United States 

 
 In connection with offers and sales of Securities outside the United
States: 
  
 (a) Each Initial Purchaser
acknowledges that the Securities have not been registered under the Securities Act and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an exemption from, or in transactions
not subject to, the registration requirements of the Securities Act. 
  
 (b) Each Initial Purchaser, severally and not jointly, represents, warrants and agrees that: 
  
 (i) Such Initial Purchaser has offered and sold the Securities, and will offer and sell the Securities, (A) as part of their distribution
at any time and (B) otherwise until 40 days after the later of the commencement of the offering of the Securities and the Closing Date, only in accordance with Regulation S under the Securities Act (“Regulation S”) or Rule 144A or any
other available exemption from registration under the Securities Act. 
  
 (ii) None of such Initial Purchaser or any of its affiliates or any other person acting on its or their behalf has engaged or will engage in any directed selling efforts with respect to the Securities, and all such
persons have complied and will comply with the offering restrictions requirement of Regulation S. 
  
 (iii) At or prior to the confirmation of sale of any Securities sold in reliance on Regulation S, such Initial Purchaser will have sent to
each distributor, dealer or other person receiving a selling concession, fee or other remuneration that purchase Securities from it during the distribution compliance period a confirmation or notice to substantially the following effect: 

 
 “The Securities covered hereby have not been
registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons (i) as part of their distribution at any
time or (ii) otherwise until 40 days after the later of the commencement of the offering of the Securities and the date of original issuance of the Securities, except in accordance with Regulation S or Rule 144A or any other available exemption from
registration under the Securities Act. Terms used above have the meanings given to them by Regulation S.” 
  
 (iv) Such Initial Purchaser has not and will not enter into any contractual arrangement with any distributor with respect to the
distribution of the Securities, except with its affiliates or with the prior written consent of the Company. 
  
 Terms used in paragraph (a) and this paragraph (b) and not otherwise defined in this Agreement have the meanings given to them by Regulation S.

  

 (c) Each Initial Purchaser, severally and not jointly, represents, warrants and agrees
that: 
  
 (i) it has not offered or sold and,
prior to the date six months after the Closing Date, will not offer or sell any Securities to persons in the United Kingdom except to persons whose ordinary activities involve them in acquiring, holding, managing or disposing of investments (as
principal or agent) for the purposes of their businesses or otherwise in circumstances which have not resulted and will not result in an offer to the public in the United Kingdom within the meaning of the United Kingdom Public Offers of Securities
Regulations 1995 (as amended); 
  
 (ii) it has
only communicated or caused to be communicated and will only communicate or cause to be communicated any invitation or inducement to engage in investment activity (within the meaning of Section 21 of the United Kingdom Financial Services and Markets
Act 2000 (the “FSMA”)) received by it in connection with the issue or sale of any Securities in circumstances in which Section 21(1) of the FSMA does not apply to the Company or the Subsidiary Guarantor; and 
  
 (iii) it has complied and will comply with all applicable
provisions of the FSMA with respect to anything done by it in relation to the Securities in, from or otherwise involving the United Kingdom. 
  
 Each Initial Purchaser acknowledges that no action has been or will be taken by the Company that would permit a public offering of the Securities, or possession or
distribution of the Preliminary Offering Memorandum, the Offering Memorandum or any other offering or publicity material relating to the Securities, in any country or jurisdiction where action for that purpose is required. 
  

 2 

  
 Exhibit A

  
 [Form of Registration Rights Agreement] 
  

 3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00075-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00075-of-00352.parquet"}]]