Document:

Nonqualified Savings Plan

 EXHIBIT 10.8 
  
 RYERSON TULL 
 NONQUALIFIED SAVINGS PLAN 
 (As amended and restated as of January 31, 2004) 
  
 Ryerson Tull, Inc. established the Ryerson Tull Nonqualified Savings Plan
(the “Plan”), effective as of January 1, 1998, in order to continue to enable employees of the Company and the other Employers to obtain the same level of benefits they would have been able to receive under the Ryerson Tull Savings Plan
but for the limits imposed by certain provisions of the Internal Revenue Code of 1986, as amended, on the amounts that can be contributed to the Savings Plan. The following provisions constitute an amendment, restatement and continuation of the Plan
as previously amended from time to time and as in effect immediately prior to January 31, 2003, the “Effective Date” of the Plan as set forth herein. The Plan is intended to be an “excess benefit plan” described in Section 3(36)
of the Employee Retirement Income Security Act of 1974, as amended; provided, however, that, to the extent, if any, that the Plan provides benefits which cannot be provided by an excess benefit plan, the Plan shall constitute an unfunded plan
maintained primarily for the purpose of providing deferred compensation for a select group of management or highly compensated employees. 
  
 ARTICLE I 
  
 DEFINITIONS 
  
 1.01 “Account” means the record of a Participant’s interest in the Plan attributable to Company Contributions and Participant Contributions made on behalf of such Participant. 
  
 1.02 “Base Compensation” means Base Compensation as defined
in the Savings Plan but without regard to the limitations under Code Section 401(a)(17) and prior to any Participant Deferrals under this Plan. 
  
 1.03 “Beneficiary” means, with respect to a Participant, the Participant’s Beneficiary under the Savings Plan. 
  
 1.04 “Board” means the Board of Directors of the Company.

  
 1.05 “Code” means the Internal Revenue Code
of 1986, as from time to time amended. 
  
 1.06
“Company” means Ryerson Tull, Inc. 
  
 1.07
“Distributable Event” means a Distributable Event as defined in the Savings Plan. 
  
 1.08 “Effective Date” means January 31, 2004. 
  
 1.09 “Eligible Employee” means an employee of an Employer who is eligible to participate in the Savings Plan, who has elected to make the
maximum Before Tax Contribution permitted under the Savings Plan, and whose contributions under the Savings Plan are limited by 

  

 
Section 415 or Section 402(g) of the Code or whose Base Compensation exceeds the limits set forth in Section 401(a)(17) of the Code. 
  
 1.10 “Employer” means an Employer as defined in the Savings
Plan. 
  
 1.11 “Employer Credits” means the
amount credited to the Plan by the Employers pursuant to Section 3.03. 
  
 1.12 “Enrollment Date” means the Effective Date and the first day of each month thereafter. 
  
 1.13 “ERISA” means the Employee Retirement Income Security Act of 1974, as from time to time amended. 
  
 1.14 “Fair Market Value” means with respect to Company
common stock as of any date the average of the high and low prices of a share of the Company’s common stock as reported on the New York Stock Exchange Composite Transactions for such date or, if there are no reported trades for such date, for
the last previous date for which trades were reported 
  
 1.15
“Participant” means each Eligible Employee who has met the requirements of Article II for participation in the Plan. 
  
 1.16 “Participant Deferrals” means amounts deferred pursuant to Participant elections under Section 3.01. 
  
 1.17 “Permanent Incapacity” means Permanent Incapacity as
defined in the Savings Plan. 
  
 1.18 “Plan”
means the Ryerson Tull Inc. Nonqualified Savings Plan, as from time to time amended. 
  
 1.19 “Plan Administrator” means the Plan Administrator appointed under the Savings Plan or any other individual as may be appointed by the Chairman of the Board, the President, the Vice
President-Human Resources or the Treasurer of the Company to administer the Plan. To the extent consistent with the purposes of the Plan and the authority delegated to the Assistant Plan Administrator pursuant to Section 6.03(h), the term Plan
Administrator shall include the Assistant Plan Administrator. 
  
 1.20 “Plan Year” means the calendar year. 
  
 1.21 “Related Company” means a Related Company as defined in the Savings Plan. 
  
 1.22 “Retirement” means Retirement as defined in the Savings Plan. 
  
 1.23 “Savings Plan” means the Ryerson Tull Savings Plan, as from time to time amended. 
  
 1.24 “Valuation Date” means the last day of each month.

  

 -2- 

 1.25 “Years of Vesting Service” means Years of Vesting Service as defined in the Savings
Plan. 
  
 ARTICLE II 
  
 PARTICIPATION 
  
 2.01 Eligibility. An Eligible Employee shall become a Participant on
the Enrollment Date next following the filing with the Plan Administrator of an instrument in a form prescribed by the Plan Administrator evidencing his or her acceptance of the provisions of the Plan. 
  
 2.02 Restricted Participation. Notwithstanding any other provision of
the Plan to the contrary, if the Plan Administrator determines that participation by one or more Participants or Beneficiaries shall cause the Plan as applied to any Employer to be subject to Part 2, 3 or 4 of Title I of ERISA, the entire interest
of such Participant or Beneficiary under the Plan shall, in the discretion of the Plan Administrator, be immediately paid to such Participant or Beneficiary, as applicable, by the applicable Employer or Employers, or shall otherwise be segregated
from the Plan, and such Participant(s) or Beneficiary(ies) shall cease to have any interest under the Plan. 
  
 ARTICLE III 
  
 DEFERRAL OF COMPENSATION AND 
 EXCESS SAVINGS PLAN CREDITS 
  
 3.01 Participant Deferrals. For any payroll period, each Participant
who is an Eligible Employee for such payroll period may elect, at such time and in such manner as the Plan Administrator may determine, to make a supplemental deferral of Base Compensation under the Plan (“Participant Deferrals”)
equal to the amount by which the Participant’s Before Tax contributions are limited under the Savings Plan by reason of Code Sections 402(g) and 415 and may also elect to make supplemental deferrals of not less than one percent (1%) and not
more than ten percent (10%) of the portion of the Participant’s Base Compensation for any year which is not taken into account under the Savings Plan by reason of the limitation under Code Section 401(a)(17). Contributions made to the Plan on a
Participant’s behalf for any payroll period shall be treated as a salary reduction and shall reduce the amount of current cash compensation otherwise payable to such Participant for such payroll period. 
  
 3.02 Designation of Participant Deferrals. Each Participant shall
designate the percentage of his or her Base Compensation to be deferred under the Plan in the same instrument by which he or she evidences his or her acceptance of the provisions of the Plan pursuant to Article II. Thereafter (but not
retroactively), a Participant may, on a form prescribed by the Plan Administrator, change the percentage of his or her Base Compensation to be deferred under the Plan, subject to the limitations of this Article III. 
  
 3.03 Employer Credits. For each payroll period, each Participant who
is employed by an Employer as of the last day of the payroll period shall receive a credit under the Plan (an “Employer Credit”) in an amount determined in accordance with procedures established from 

  

 -3- 

 
time to time by the Plan Administrator which is equal to the amount by which the Matching Contributions under the Savings Plan on behalf of the Participant
for such payroll period are limited by reason of limitations on Participant Before Tax Contributions and Company Contributions imposed by Code Sections 401(a)(17), 402(g) and 415. 
  
 3.04 Nature of Participant Deferrals and Employer Credits. Any amounts deferred by Participants or credited to
Participants pursuant to this Article III shall be retained by the Employers as general assets of the Employers, and shall be reflected on the books of the Employers solely for the purpose of computing Participants’ benefits from the Plan.

  
 ARTICLE IV 
  
 ACCOUNTS 
  
 4.01 Maintenance of Accounts. The Plan Administrator shall establish and maintain in the records of the Plan an
Account for each Participant reflecting each Participant’s interest in the Plan attributable to Participant Deferrals and Employer Credits made on his or her behalf, increased by earnings attributable thereto. Each Participant shall at all
times be fully vested in the portion of the Participant’s Account which is attributable to Participant Deferrals. 
  
 4.02 Valuation of Accounts. As of each Valuation Date, and as of such other date as the Plan Administrator may determine, the Account of each
Participant shall be (a) adjusted for earnings or losses for the period since the next preceding Valuation Date as set forth in Section 4.03, (b) increased by Participant Deferrals and Employer Credits under the Plan with respect to such Participant
relating to payroll periods since the next preceding Valuation Date, and (c) charged with any distribution calculated as of that date under Article V. 
  
 4.03 Earnings and Losses. Except as provided in the following sentence, each Participant’s Account shall be credited with interest in
accordance with paragraph (a) below. On and after the Effective Date, each Participant may elect to have all or any portion of his Account converted to Stock Units in accordance with paragraph (b) below. Each such election by a Participant shall be
made at such times and in such form and otherwise in accordance with such rules and procedures as the Plan Administrator shall establish from time to time, including such rules and procedures as may be established by the Plan Administrator for
compliance with Section 16 of the Securities Exchange Act of 1934 (the “Exchange Act”). A Participant may elect to change any election made under this Section 4.03 to the extent permitted by and in accordance with such rules and procedures
as the Plan Administrator may establish from time to time. 
  
 (a) To the extent that a Participant’s Account is to be credited with interest, it shall at a rate of interest earned by assets in the Managed Income Portfolio Fund II, or any successor fund, established under
the Savings Plan. 
  
 (b) To the extent that any
portion of a Participant’s Account is to be credited as Stock Units as of any date in accordance with the provisions of this Section 4.03, the number of Stock Units credited to the Participant’s Account shall be determined by dividing such
amount by the Fair Market Value of a share of the Company’s common 

  

 -4- 

 
stock on that date. As of each cash dividend payment date for the Company’s common stock, each Participant shall be credited with an additional number
of Stock Units which is equal to (i) the dividend which would have been paid on such date on that number of shares of Company common stock which is equal to the number of Stock Units credited to the Participant under the Plan on the record date for
such dividend, divided by (ii) the Fair Market Value of a share of the Company’s common stock on the dividend payment date. In the event of any changes in outstanding shares of the Company’s common stock by reason of any stock dividend or
split, other non-cash dividend recapitalization, merger, consolidation, spin-off, combination or exchange of shares or other similar corporate change, the Company’s Board of Directors shall make such adjustments, if any, that it deems
appropriate in the number of Stock Units then credited to Participant Accounts. Any and all such adjustments shall be conclusive and binding upon all parties concerned. 
  
 ARTICLE V 
  
 DISTRIBUTION OF BENEFITS 
  
 5.01 Distribution Upon Termination of Employment. 
  
 (a) All distributions under the Plan will be made in cash. Distributions with respect to any portion of a Participant’s Account which
is denominated in Stock Units shall be based upon the Fair Market Value of a share of the Company’s common stock on the day as of which the distribution is made. 
  
 (b) Upon termination of a Participant’s employment with the Employers and Related Companies other than
by reason of a Distributable Event and prior to (i) the completion of three Years of Vesting Service and (ii) the date on which he or she has a fully vested and nonforfeitable interest in his or her account balance under the Savings Plan, the
Participant shall be entitled to a distribution of the portion of his or her Account balance attributable to Participant Deferrals in a single lump sum payment as of a Valuation Date selected by the Plan Administrator which is no later than 60 days
after the first anniversary of the Participant’s termination of employment. 
  
 (c) Upon termination of a Participant’s employment with the Employers and Related Companies by reason of a Distributable Event on or
after (i) the completion of three Years of Vesting Service, or (ii) the date on which he or she has a fully vested and nonforfeitable interest in his or her account balance under the Savings Plan, the Participant shall be entitled to a distribution
of his or her entire Account balance in a single lump sum payment as of a Valuation Date selected by the Plan Administrator which is no later than 60 days after the first anniversary of the Participant’s termination of employment. 

 
 (d) Upon termination of a Participant’s employment
with the Employers and Related Companies by reason of Permanent Incapacity or Retirement, and where the amount payable to the Participant is at least $10,000, the Participant shall be entitled to a distribution of his or her entire Account balance,
payable to the Participant in either of the 

  

 -5- 

 
following ways, as irrevocably elected by the Participant in accordance with rules established from time to time, by the Plan Administrator: 
  
 (1) in a single lump sum payment representing the full
amount distributable to the Participant, payable on a date elected by the Participant which is not later than the end of the calendar year in which the Participant attains age 75, and, except as otherwise agreed to by the Plan Administrator in his
or her sole discretion, not earlier than the first Valuation Date following the year in which such termination of employment occurs; or 
  
 (2) in substantially equal installments, payable annually, over a period not extending beyond the end of the calendar year in which the
Participant attains age 75, with each installment payment being equal to that amount determined by multiplying the then remaining balance in the Participant’s Account as of the Valuation Date used for purposes of calculating the payment by a
fraction having a numerator of one and a denominator equal to the number of installments remaining to be paid. 
  
 5.02 Distribution Upon Death. Upon the death of a Participant, the total value of the Participant’s Account as of the Valuation Date
immediately following the date of death shall be distributed thereafter to the Participant’s Beneficiary in a single lump sum payment as soon as practicable after satisfactory proof of death shall have been submitted to the Plan Administrator.

  
 5.03 Hardship Distributions. Upon a showing of hardship
by a Participant, such Participant shall be entitled to a distribution of such portion (or all) of his or her Account balance as shall be necessary to meet such hardship. This Section 5.03 shall be administered in a manner consistent with the
hardship withdrawal provisions of the Savings Plan. The Plan Administrator’s determination of a Participant’s hardship hereunder shall be final. 
  
 5.04 Liability for Benefit Payments. The amount of any benefit payable under the Plan shall be paid from the general revenues of the Employer that
last employs the Participant. An Employer’s obligation under the Plan shall be reduced to the extent that any amounts due under the Plan are paid from one or more trusts, the assets of which are subject to the claims of general creditors of the
Employer or any affiliate thereof; provided, however, that nothing in the Plan shall require the Company or any Employer to establish any trust to provide benefits under the Plan. 
  
 ARTICLE VI 
  
 PLAN ADMINISTRATION 
  
 6.01 Administration of Plan. The Employers shall have the sole responsibility for effecting Participant Deferrals in accordance with Article III
and paying Plan benefits in accordance with Article V, and the Company shall have the sole authority to amend or terminate, in whole or in part, this Plan at any time. The Plan Administrator shall have the sole responsibility for the administration
of the Plan. The Employers do not guarantee to any 

  

 -6- 

 
Participant in any manner the effect under any tax law or Federal or state statute of the Participant’s participation in this Plan. 
  
 6.02 Claims Procedure. All claims for benefits under the Plan shall be
made in accordance with Article IX. 
  
 6.03 Powers and Duties
of Plan Administrator. The Plan Administrator shall have such duties and powers as may be necessary to discharge his or her duties hereunder, including, but not by way of limitation, the following: 
  
 (a) to conclusively construe and interpret the Plan, decide
all questions of eligibility and determine the amount, manner and time of payment of any benefits hereunder; 
  
 (b) to prescribe procedures to be followed by Participants in filing elections or revocations thereof; 
  
 (c) to prepare and distribute, in such manner as the Plan
Administrator determines to be appropriate, information explaining the Plan; 
  
 (d) to receive from the Employers and from Participants such information as shall be necessary for the proper administration of the Plan; 
  
 (e) to furnish the Employers, upon request, such reports with respect to the administration of the Plan as
are reasonable and appropriate; 
  
 (f) to
receive, review and keep on file (as it deems convenient and proper) reports of benefit payments by the Employers and reports of disbursements for expenses directed by the Plan Administrator; 
  
 (g) to appoint individuals to assist in the administration
of the Plan and any other agents it deems advisable, including legal counsel; and 
  
 (h) to name as an Assistant Plan Administrator any individual or individuals and to delegate such authority and duties to such individual
as the Plan Administrator in his or her discretion deems advisable. Each Assistant Plan Administrator, if any, named pursuant to this paragraph shall have such authority to act with respect to the administration of the Plan as the Plan Administrator
may prescribe. The incumbency of any Assistant Plan Administrator may be terminated by action of the Plan Administrator at any time, with or without cause. Notwithstanding the foregoing, in the absence of a formal designation of any Assistant Plan
Administrator by the Plan Administrator, no provision of this paragraph shall prevent the Plan Administrator from delegating authority to employees or other agents of the Employers in executing the duties of administering the Plan. 
  
 The Plan Administrator shall have no power to add to, subtract from or modify
any of the terms of the Plan, or to change or add to any benefits provided by the Plan, or to waive or fail to apply any requirements of eligibility for a benefit under the Plan. 
  

 -7- 

 6.04 Rules and Decisions. The Plan Administrator may adopt such rules as he or she deems
necessary, desirable or appropriate. All rules and decisions of the Plan Administrator shall be uniformly and consistently applied to all Participants in similar circumstances. When making a determination or calculation, the Plan Administrator shall
be entitled to rely upon information furnished by a Participant, the Employers or the legal counsel of the Employers. 
  
 6.05 Authorization of Benefit Payments. The Plan Administrator shall issue directions to the Employers concerning all benefits which are to be paid
from the Company’s general assets pursuant to the provisions of the Plan. 
  
 6.06 Indemnification of Plan Administrator. The Plan Administrator and any Assistant Plan Administrator and any officer or director of any Employer shall be indemnified by the Employers against any and all
liabilities arising by reason of any act or failure to act made in good faith pursuant to the provisions of the Plan, including expenses reasonably incurred in the defense of any claim relating thereto. 
  
 ARTICLE VII 
  
 MISCELLANEOUS 
  
 7.01 No Right to Employment, etc. Neither the creation of this Plan nor anything contained herein shall be construed as giving any Participant
hereunder or other employees of the Employers or any Related Company any right to remain in the employ of the Employers or any Related Company. 
  
 7.02 Successors and Assigns. All rights and obligations of this Plan shall inure to, and be binding upon, the successors and assigns of the
Employers. 
  
 7.03 Inalienability. Except so far as may be
contrary to the laws of any state having jurisdiction in the premises, a Participant or Beneficiary shall have no right to assign, transfer, hypothecate, encumber, commute or anticipate his or her interest in any payments under this Plan and such
payments shall not in any way be subject to any legal process to levy upon or attach the same for payment of any claim against any Participant or Beneficiary. 
  

7.04 Incompetency. If any Participant or Beneficiary is, in the opinion of the Plan Administrator, legally incapable of giving a valid receipt
and discharge for any payment, the Plan Administrator may, at its option, direct that such payment or any part thereof be made to such person or persons who in the opinion of the Plan Administrator are caring for and supporting such Participant or
Beneficiary, unless it has received due notice of claim from a duly appointed guardian or conservator of the estate of the Participant or Beneficiary. A payment so made will be a complete discharge of the obligations under this Plan to the extent of
and as to that payment, and neither the Plan Administrator nor the Employers will have any obligation regarding the application of payment. 
  
 7.05 Controlling Law. To the extent not preempted by the laws of the United States of America, the laws of the State of Illinois shall be the
controlling state law in all matters relating to this Plan. 
  

 -8- 

 7.06 Severability. If any provisions of this Plan shall be held illegal or invalid for any reason,
the illegality or invalidity shall not affect the remaining parts of this Plan, but this Plan shall be construed and enforced as if the illegal and invalid provisions never had been included herein. 
  
 7.07 Limitations on Provisions. The provisions of this Plan and any
benefits hereunder shall be limited as described herein. Any benefit payable under the Savings Plan shall be paid solely in accordance with the terms and provisions of the Savings Plan, as appropriate, and nothing in this Plan shall operate or be
construed in any way to modify, amend, or affect the terms and provisions of the Savings Plan. 
  
 7.08 Gender and Number. Whenever the context requires or permits, the gender and number of words shall be interchangeable. 
  
 ARTICLE VIII 
  
 AMENDMENT AND TERMINATION 
  
 8.01 Amendment to Conform with Law. The Plan may be amended to take effect retroactively or otherwise, as deemed necessary or advisable for the
purpose of conforming the Plan to any present or future law relating to plans of this or a similar nature, and to the administrative regulations and rulings promulgated thereunder. 
  
 8.02 Other Amendments and Termination. The Plan may be amended at any time, without the consent of any Participant or
Beneficiary. Notwithstanding the foregoing, the Plan shall not be amended or terminated so as to reduce or cancel the benefits which have accrued to a Participant or Beneficiary prior to the later of the date of adoption of the amendment or
termination or the effective date thereof, and in the event of such amendment or termination, any such accrued benefit hereunder shall not be reduced or canceled. 
  
 8.03 Effect of Change in Control. 
  
 (a) In the event of a Change in Control (as defined below), all benefits accrued as of the date of such
Change in Control hereunder shall become fully (i.e., 100%) and irrevocably vested, and shall become distributable to Participants (and Beneficiaries) at such time and in such manner provided herein pursuant to the provisions of the Plan as in
effect on the day immediately preceding the date of such Change in Control. The Plan Administrator shall, in his or her sole discretion, determine whether assets equal in value to the aggregate of all accrued benefits under the Plan as of the date
of such Change in Control shall be deposited by the Employers with a bank trustee pursuant to one or more “rabbi trusts.” 
  
 (b) For purposes of this Section 8.03, a “Change in Control” means the happening of any of the following: 
  
 (1) any “person” (as such term is used in Sections
13(d) and 14(d) of the Exchange Act), other than (w) the Company and its affiliates (collectively 

  

 -9- 

 
referred to herein as “RTI”), (x) a trustee or other fiduciary holding securities under an employee benefit plan of RTI, (y) an underwriter
temporarily holding securities pursuant to an offering of such securities, or (z) a corporation owned, directly or indirectly, by the stockholders of the Company in substantially the same proportions as their ownership of stock of the Company, is or
becomes the “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company (not including in the securities beneficially owned by such person any securities acquired directly from
the Company or its affiliates) representing 20% or more of the combined voting power of the Company’s then outstanding securities; 
  
 (2) during any period of two consecutive years, individuals who at the beginning of such period constitute the Board and any new director
(other than a director designated by a person who has entered into an agreement with the Company to effect a transaction described in clauses (1), (3) or (4) of this paragraph) whose election by the Board or nomination for election by the
Company’s stockholders was approved by a vote of at least two-thirds (2/3) of the directors then still in office who either were directors at the beginning of the period or whose election or nomination for election was previously so approved,
cease for any reason to constitute a majority thereof; 
  
 (3) there occurs a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to
represent (either by remaining outstanding or by being converted into voting securities of the surviving entity), in combination with the ownership of any trustee or other fiduciary holding securities under an employee benefit plan of RTI, at least
60% of the combined voting power of the voting securities of the Company or such surviving entity outstanding immediately after such merger or consolidation, or a merger or consolidation effected to implement a recapitalization of the Company (or
similar transaction) in which no person acquires more than 50% of the combined voting power of the Company’s then outstanding securities; or 
  
 (4) the stockholders of the Company approve a plan of complete liquidation of the Company or an agreement for the sale or disposition by
the Company of all or substantially all of the Company’s assets. 
  
 A Change in Control shall also be deemed to occur with respect to any Participant for purposes of the Plan if there occurs: 
  
 (I) a sale or disposition, directly or indirectly, other than to a person described in subclause (w), (x) or (z) of clause (b) (1) above,
of securities of the Participant’s employer, any direct or indirect parent company of the Participant’s employer or any company that is a subsidiary of the Participant’s employer and is also a significant subsidiary (as defined below)
of the Company (the Participant’s employer and such a parent or subsidiary being an “Affiliated Company”), 

  

 -10- 

 
representing 50% or more of the combined voting power of the securities of such Affiliated Company then outstanding; 
  
 (II) a merger or consolidation of an Affiliated Company with
any other corporation, other than a merger or consolidation which would result in 50% or more of the combined voting power of the surviving company being beneficially owned by the Company or by majority owned direct or indirect subsidiary of the
Company; or 
  
 (III) the sale or disposition of
all or substantially all the assets of an Affiliated Company to a person other than the Company or a majority owned direct or indirect subsidiary of the Company. 
  
 (c) The provisions of this Section 8.03 may not be amended after the date of a Change in Control without the
written consent of a majority in both number and interest of the Participants in this Plan, other than those Participants who are both (i) not employed by the Company or a subsidiary as of the date of the Change in Control, and (ii) not receiving
nor could have commenced receiving benefits under the Plan as of the date of the Change in Control, both immediately prior to the Change in Control and at the date of such amendment. 
  
 8.04 Manner and Form of Amendment or Termination. Any amendment or termination of this Plan shall be made by action
of the Board; provided, however, that the Vice President-Human Resources of the Company and the Treasurer of the Company (or such other person as designated by the Chairman of the Board) are jointly authorized, by written action signed
by both such individuals: 
  
 (a) to adopt and
place in effect such amendments to the Plan and any related documents as they jointly deem necessary or advisable; 
  
 (b) to maintain the Plan and any related documents in compliance with applicable law; 
  
 (c) to relieve administrative burdens with respect to those
documents; or 
  
 (d) to provide for other
changes in the best interests of Plan Participants and Beneficiaries without the necessity for further action by the Board or subsequent ratification; provided, however, that any action or amendment that would have the effect of:

  
 (1) terminating the Plan; 
  
 (2) materially changing the benefits under the Plan; or

  
 (3) increasing anticipated costs associated
with the Plan by more than $5 million, except for changes to comply with applicable law; 
  
 may not be made without approval or ratification by the Board. 
  

 -11- 

 8.05 Notice of Amendment or Termination. The Plan Administrator shall notify Participants or
Beneficiaries who are affected by any amendment or termination of this Plan within a reasonable time thereof. 
  
 ARTICLE IX 
  
 CLAIMS PROCEDURES 
  
 9.01 Filing a Claim.
Any Participant or Beneficiary of a deceased Participant (such Participant or Beneficiary being referred to below as a “Claimant”) may deliver to the Plan Administrator a written claim for a determination with respect to the amounts
distributable to such Claimant from the Plan. If such a claim relates to the contents of a notice received by the Claimant, the claim must be made within 60 days after such notice was received by the Claimant. All other claims must be made within
180 days of the date on which the event that caused the claim to arise occurred. The claim must state with particularity the determination desired by the Claimant. 
  
 9.02 Plan Administrator’s Decision. Within 90 days after the receipt of the claim, the Plan Administrator will
provide the Claimant with written notice of his or her decision on the claim. If, because of special circumstances, the Plan Administrator cannot render a decision on the claim within the 90-day period, the Plan Administrator may extend the period
in which to render the decision up to 180 days after receipt of the written claim. The Plan Administrator will provide the Claimant with a written notice of the extension, before the end of the initial 90-day period, which indicates the special
circumstances requiring the extension and the expected decision date. If the claim is denied in whole or in part, the written notice of the decision will inform the Claimant of: 
  
 (a) the specific reasons for the denial; 
  
 (b) the specific provisions of the Plan upon which the denial is based; 
  
 (c) any additional material or information necessary to
perfect the claim and reasons why such material or information is necessary; 
  
 (d) the right to request review of the denial and how to request such review; and 
  
 (e) a statement of Claimant’s right to bring a civil action under section 502(a) of the Employee Retirement Income Security Act of
1974 (ERISA) following an adverse benefit determination on review. 
  
 9.03 Request for Review of Denied Claim. Within 60 days after the receipt of written notice of a denial of all or a portion of a claim, the Claimant may request a review of the denial in a writing filed with
the Plan Administrator. Written comments, documents, records and other information may be submitted to the Plan Administrator along with the review request. During the 60-day period following notice of the denial, the Claimant will be provided, upon
request and  

  

 -12- 

 
free of charge, reasonable access to, and copies of, all documents, records, and other information relevant to the claim for benefits.  
  
 9.04 Review of Denied Claim. Upon receipt of a request for review of a
claim denial, the Plan Administrator will undertake a full and fair review of the claim denial and provide the Claimant with written notice of his or her decision within 60 days after receipt of the review request. If, because of special
circumstances, the Plan Administrator cannot make a decision within the 60-day period, the Plan Administrator may extend the period in which to make the decision up to 120 days after receipt of the review request. The Plan Administrator will provide
the Claimant with a written notice of the extension, before the end of the 60-day period, which indicates the special circumstances requiring the extension and the expected decision date. The written notice of the Plan Administrator’s decision
will inform the Claimant of: 
  
 (a) the specific
reasons for the decision; 
  
 (b) the specific
provisions of the Plan upon which the decision is based; 
  
 (c) a statement that Claimant will be provided, upon request and free of charge, reasonable access to, and copies of, all documents, records, and other information relevant to the claim for benefits; 
  
 (d) a statement of the Claimant’s right to bring a
civil action under section 502(a) of ERISA. 
  
 9.05 Legal
Action. Except as may be otherwise required by law, the decision of the Plan Administrator on review of the claim denial will be binding on all parties. A Claimant’s compliance with the foregoing provisions of this Article IX is a mandatory
prerequisite to a Claimant’s right to commence any legal action with respect to any claim for benefits under this Plan. 
  

 -13-Blanket Accident Insurance

 EXHIBIT 10.9 
  
 [GRAPHIC] 
  

			
	  
 Blanket Accident
Insurance

  

			
	 Declarations

	 	  	 Chubb Group of Insurance Companies
 15 Mountain View Road
 Warren, NJ 07059

	 Policyholder’s Name and Mailing Address
	  	 
	 	  	 Policy Number     6404-48-82

	 RYERSON TULL, INC.
 2621 WEST 15TH PLACE
 CHICAGO, IL 60608
	  	 Effective Date     JANUARY 1, 2004

	 ProducerNo    0030794
	  	 Issued by the stock insurance company indicated below.
 FEDERAL INSURANCE COMPANY
 Incorporated under the laws of INDIANA

	 	  	 
	 Producer      AON CONSULTING, INC
 200 E RANDOLPH ST 13TH F
 CHICAGO, IL 60601-0000
	  	 

  
 Section I - Policy Period

  
 From: JANUARY 1,
2004             To: JANUARY 1, 2005 
  
 12:01 A.M. standard time at the Policyholder’s mailing address shown above. 
  
 Section II - Persons Insured 
  
 The following are the Persons Insured under this policy: 
  

			
	Class

	  	 Description

		
	1	  	ALL NON-EMPLOYEE DIRECTORS AND OFFICERS (ON FILE WITH THE HOLDER) OF THE POLICYHOLDER.

  
 If an Insured
Person is included in more than one Class, the Insured Person will be covered for only the Benefit Amount applicable to one Class. The Insured Person will be considered a member of the applicable Class
that provides the Insured Person the largest Benefit Amount for the particular Accident and Loss that has occurred. 
  
 An Insured Person is added for coverage as a Class member at any time during the policy period that the Insured Person fits the
Class description. An Insured Person will be deleted from a Class and coverage ends at any time the Insured Person no longer fits the Class description. All premium adjustments will be made according to the terms
of this policy. 
  
 Section III - Hazards 
  
 The following are the Hazards during which coverage applies:

  

			
	 Hazards

	  	 Form Number

	BUSINESS TRAVEL	  	 44-02-0897 (01/95)

  

			
	 	  	continued
	Form 44-02-0893(Ed.
1-95)                        Declarations	  	Page 01

 (continued) 
  
 Section IV - Benefits 
  
 BENEFIT AMOUNTS 
  
 Accidental Loss of Life and Scheduled Benefits 
  
 The following are Loss of Life Benefit Amounts for each Class and corresponding Hazards: 
  

				
	 Class

	  	Benefit Amounts

	 	  	 	BUSINESS TRAVEL
	 1
	  	$	500,000

  
  ̈ Multiple of salary applies, refer to the Supplemental Benefit Amounts Declarations. 
  
 The following are Losses covered and the corresponding Scheduled Benefit Amounts. 
  

			
	 Accidental Loss of

	  	Percent of Loss of Life
Benefit Amount

	 Life
	  	100%
	 Speech and Hearing
	  	100%
	 Speech and one of: Hand, Foot or Sight of One Eye
	  	100%
	 Hearing and one of: Hand, Foot or Sight of One Eye
	  	100%
	 Both Hands, Both Feet or Sight of Both Eyes or a Combination of a Hand, a Foot or Sight of One Eye
	  	100%
	 One Hand or One Foot or Sight of One Eye
	  	50%
	 Speech or Hearing
	  	50%
	 Thumb and Index Finger of the same Hand
	  	25%

  
 PERMANENT TOTAL
DISABILITY MONTHLY BENEFIT 
  
 The following are
Permanent Total Disability Benefit Amounts for each Class. The same Hazards apply as stated above for Accidental Loss of Life. 
  

						
	 Class

	  	Benefit Amount

	  	Elimination Period

	 1
	  	$	500,000	  	12 MONTHS

  
 If an Insured Person has
multiple Losses as the result of one Accident, we will pay only the single largest Benefit Amount applicable to the Losses suffered. 
  

SEAT BELT 
  
 10 percent of the Accidental Loss of Life Benefit Amount. 
  

			
	 	  	continued
	Form 44-02-0893(Ed.
1-95)                        Declarations	  	Page 02

 [GRAPHIC] 
  
 Blanket Accident Insurance 
  
 Declarations 
  
 Effective Date JANUARY 01, 2004 
  
 Policy Number 6404-48-82 
  
 (continued) 
  
 Section V - Maximum Limit Of Insurance 
  
 The following are the maximum amounts we will pay: 
  
 Limit of Insurance 
  
 $5,000,000                     per         ACCIDENT 
  
 If more than one (1) Insured Person suffers a Loss in the same
Accident, we will not pay more than the maximum Limit of Insurance shown above. If an Accident results in Benefit Amounts becoming payable, which when totalled, exceed the applicable Limit of Insurance shown above, the maximum
Limit of Insurance will be divided proportionally among the Insured Persons, based on each applicable Benefit Amount. 
  
 Coverage only applies for the Classes, Hazards, Benefit Amounts and Losses that are specifically indicated as covered. 
  

			
	 	  	last page
	Form 44-02-0893(Ed.
1-95)                        Declarations	  	Page 03

 [GRAPHIC] 
  
 Blanket Accident Insurance 
  

			
	Insuring Agreement	  	 
	 	  	 Chubb Group of Insurance Companies
 15 Mountain View Road
 Warren, NJ 07059

	 Policyholder’s Name and Mailing Address
	  	 
	 	  	 Policy Number     6404-48-82

	 RYERSON TULL, INC.
 2621 WEST 15TH PLACE
 CHICAGO, IL 60608
	  	 Effective Date     JANUARY 1, 2004

	 	  	 Issued by the stock insurance company
        indicated below, herein called the company.

		
	 	  	 FEDERAL INSURANCE COMPANY

		
	 ProducerNo.    0030794
	  	 Incorporated under the laws of INDIANA

		
	 Producer      AON CONSULTING, INC
 200 E RANDOLPH ST 13TH F
 CHICAGO, IL 60601-0000
	  	 

  
 Company and Policy Period

  
 Insurance is issued by the Company in
consideration of payment of the required premium. 
  
 This policy
begins and ends at 12:01 AM Standard Time at the Policyholder’s address on the dates shown below: 
  
 From: JANUARY 1, 2004                  To: JANUARY 1, 2005 
  
 The Policyholder’s acceptance of this policy terminates, any
prior policy of the same number issued to the Policyholder by the Company, effective with the inception of this policy. 
  
 This Insuring Agreement, together with the Premium Summary, Schedule Of Forms, Declarations, Contract, Hazards, Common Policy Conditions and Endorsements
comprise this policy. If this policy is a renewal, we have only reissued to you those policy documents containing changes from your previous policy period coverages and any new additional coverages or policy provisions. All other policy documents
continue in effect. 
  
 The Company issuing this policy
has caused this policy to be signed by its authorized officers, but this policy shall not be valid unless also signed by a duly authorized representative of the Company. 
  
 FEDERAL INSURANCE COMPANY (incorporated under the laws of Indiana) 
  

									
					
	 	 	Illegible	 	 	 	 	 	Illegible
	 	 	
	 	 	 	 	 	

	 	 	President	 	 	 	 	 	Secretary

  

					
		
	 Authorized Representative
	 	Illegible
	

  

			
	 	  	 
	Form 44-02-0893(Ed. 1-95)                        Insuring
Agreement	  	Page 1 of 1

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00061-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00061-of-00352.parquet"}]]