Document:

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                                                                Exhibit 10.34

                       ALLEGHENY TECHNOLOGIES INCORPORATED

                               2000 INCENTIVE PLAN

                          ADMINISTRATIVE RULES FOR THE

             TOTAL SHAREHOLDER RETURN INCENTIVE COMPENSATION PROGRAM

                         EFFECTIVE AS OF JANUARY 1, 2001

ARTICLE I.  ADOPTION AND PURPOSE OF THE PROGRAM

                  1.01 ADOPTION. These rules are adopted by the Personnel and
         Compensation Committee and the Stock Incentive Award Subcommittee of
         the Board of Directors as a part of the Allegheny Technologies
         Incorporated 2000 Incentive Plan (the "Plan") pursuant to the authority
         reserved in Section 3.01 of the Plan. The Total Shareholder Return
         Incentive Compensation Program (the "TSRP") shall be the guidelines for
         making certain Performance Awards or Other Stock-Based Awards under
         Article VIII of the Plan. Capitalized terms used but not defined in
         these rules shall have the same meanings as in the Plan.

                  1.02 PURPOSE. The purposes of the TSRP are (i) to assist the
         Corporation in retaining and motivating selected key management
         employees of the Corporation and its subsidiaries who will contribute
         to the success of the Corporation, (ii) to reward key management
         employees for the overall success of the Corporation as determined by
         the value created for shareholders as measured by the percentile
         performance of Corporation Common Stock relative to a peer group and
         (iii) to provide a means of encouraging key management employees to
         acquire and hold shares of Corporation Common Stock. The TSRP
         encourages key management employees to acquire and hold shares of
         Corporation Common Stock by offering them an opportunity to receive
         shares of Common Stock which, in accordance with the terms and
         conditions set forth below, will be earned only if the sum of the price
         and yield of the Common Stock measured against the sums of prices and
         yields of shares of common stock of a peer group of corporations meets
         or exceeds the performance reward relationships set at the beginning of
         an Award Period. Awards under the TSRP are intended to act as an
         incentive to participating key management employees to achieve
         long-term objectives that will inure to the benefit of all stockholders
         of the Corporation measured in terms of relative stock prices.

ARTICLE II.  DEFINITIONS

         For purposes of these rules, the capitalized terms set forth below
shall have the following meanings:

                  2.01 AWARD AGREEMENT means a written agreement between the
         Corporation and a Participant or a written acknowledgment from the
         Corporation specifically setting forth the terms and conditions of a
         TSR Target Award granted to a Participant pursuant to Article VI of
         these rules.

                  2.02 AWARD TARGETS means the percentage of a TSR Target Award
         which shall be earned for a particular TSR Performance Period at
         Threshold, Target and Excellent, respectively.

                  2.03 BOARD means the Board of Directors of the Corporation.

                  2.04 BUSINESS DAY means any day on which the New York Stock
         Exchange shall be open for trading.

                  2.05 CAUSE means a determination by the Committee that a
         Participant has engaged in conduct that is dishonest or illegal,
         involves moral turpitude or jeopardizes the Corporation's right to
         operate its business in the manner in which it is now operated.

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                  2.06 CHANGE IN CONTROL means any of the events set forth
         below:

                           (a) The acquisition in one or more transactions,
         other than from the Corporation, by any individual, entity or group
         (within the meaning of Section 13(d)(3) or 14(d)(2) of the Exchange
         Act) of beneficial ownership (within the meaning of Rule 13d-3
         promulgated under the Exchange Act) of a number of Corporation Voting
         Securities in excess of 25% of the Corporation Voting Securities unless
         such acquisition has been approved by the Board; or

                           (b) Any election has occurred of persons to the Board
         that causes two-thirds of the Board to consist of persons other than
         (i) persons who were members of the Board on January 1, 2001 and (ii)
         persons who were nominated for election as members of the Board at a
         time when two-thirds of the Board consisted of persons who were members
         of the Board on January 1, 2001; provided, however, that any person
         nominated for election by the Board at a time when at least two-thirds
         of the members of the Board were persons described in clauses (i)
         and/or (ii) or by persons who were themselves nominated by such Board
         shall, for this purpose, be deemed to have been nominated by a Board
         composed of persons described in clause (i); or

                           (c) Approval by the stockholders of the Corporation
         of a reorganization, merger or consolidation, unless, following such
         reorganization, merger or consolidation, all or substantially all of
         the individuals and entities who were the respective beneficial owners
         of the Outstanding Stock and Corporation Voting Securities immediately
         prior to such reorganization, merger or consolidation, following such
         reorganization, merger or consolidation beneficially own, directly or
         indirectly, more than 60% of, respectively, the then outstanding shares
         of common stock and the combined voting power of the then outstanding
         voting securities entitled to vote generally in the election of
         directors or trustees, as the case may be, of the entity resulting from
         such reorganization, merger or consolidation in substantially the same
         proportion as their ownership of the Outstanding Stock and Corporation
         Voting Securities immediately prior to such reorganization, merger or
         consolidation, as the case may be; or

                           (d) Approval by the stockholders of the Corporation
         of (i) a complete liquidation or dissolution of the Corporation or (ii)
         a sale or other disposition of all or substantially all the assets of
         the Corporation.

                  2.07 COMMITTEE means the Stock Incentive Award Committee of
         the Board, in the case of individuals who are executive officers of the
         Corporation, and the Personnel and Compensation Committee of the Board,
         in the case of individuals who are not executive officers of the
         Corporation.

                  2.08 CORPORATION means Allegheny Technologies Incorporated, a
         Delaware corporation, and its successors.

                  2.09 CORPORATION VOTING SECURITIES means the combined voting
         power of all outstanding voting securities of the Corporation entitled
         to vote generally in the election of the Board.

                  2.10 DATE OF GRANT means the date as of which a TSR Target
         Award is granted in accordance with Article VI of these rules.

                  2.11 DISABILITY means any physical or mental injury or disease
         of a permanent nature which renders a Participant incapable of meeting
         the requirements of the employment performed by such Participant
         immediately prior to the commencement of such disability. The
         determination of whether a Participant is disabled shall be made by the
         Committee in its sole and absolute discretion. Notwithstanding the
         foregoing, if a Participant's employment by the Corporation or an
         applicable subsidiary terminates by reason of a disability, as defined
         in an Employment Agreement between such Participant and the Corporation
         or an applicable subsidiary, such Participant shall be deemed to be
         disabled for purposes of the TSRP.

                  2.12 EFFECTIVE DATE means January 1, 2001.

                  2.13 EXCHANGE ACT means the Securities Exchange Act of 1934,
         as amended.

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                  2.14 EXCELLENT means a relative level of achievement of
         Performance Reward Criteria at which the TSR for the Corporation for a
         TSR Performance Period is at a percentile of the TSR for the Peer Group
         for that Performance Period as determined by the Committee under
         Section 6.02. Excellent shall be the highest level of performance for
         which a TSRP Reward will be paid.

                  2.15 FAIR MARKET VALUE means, as of any given date, the
         average of the high and low trading prices of the Common Stock on such
         date as reported on the New York Stock Exchange or, if the Common Stock
         is not then traded on the New York Stock Exchange, on such other
         national securities exchange on which the Common Stock is admitted to
         trade, or, if none, on the National Association of Securities Dealers
         Automated Quotation System if the Common Stock is admitted for
         quotation thereon; provided, however, if there were no sales reported
         as of such date, Fair Market Value shall be computed as of the last
         date preceding such date on which a sale was reported; provided,
         further, that if any such exchange or quotation system is closed on any
         day on which Fair Market Value is to be determined, Fair Market Value
         shall be determined as of the first date immediately preceding such
         date on which such exchange or quotation system was open for trading.

                  2.16 OUTSTANDING STOCK means, at any time, the issued and
         outstanding Common Stock.

                  2.17 PARTICIPANT means any key management employee selected by
         the Committee, pursuant to Section 5.01 of these rules, as eligible to
         participate under the TSRP for any one or more TSR Performance Period.

                  2.18 PEER GROUP means a group of corporations with publicly
         traded common stock listed on a national securities exchange(s) deemed
         comparable to the Corporation as the number and identity of such group
         is determined by the Committee, in its discretion, for a particular TSR
         Performance Period. In the event of bankruptcy, delisting, merger,
         spin-off or other special circumstances affecting members of the Peer
         Group during a Performance Period, the Committee shall make such
         adjustments in the Peer Group as the Committee determines appropriate
         in its discretion. The Committee may select the number and identity of
         members of the Peer Group separately for each TSR Performance Period.

                  2.19 PERFORMANCE REWARD CRITERIA means the relative standing
         of the Corporation TSR, expressed in percentiles and ranked at
         Threshold, Target and Excellent, as compared to the TSR for the Peer
         Group, in each case for a particular TSR Performance Period.

                  2.20 PERFORMANCE LEVEL means the level of actual achievement
         of Performance Reward Criteria for a particular TSR Performance Period.
         In determining final Performance Levels, the Committee shall use
         straight-line interpolation between Threshold and Target, Target and
         Excellent but there shall be no interpolation above Excellent or below
         Threshold.

                  2.21 PLAN means the Allegheny Technologies Incorporated 2000
         Incentive Plan, as the same may be amended from time to time.

                  2.22 RETIREMENT means a termination of employment with the
         Corporation and each subsidiary of the Corporation at or after (i)
         attaining age 55 and (ii) completing five years of employment with the
         Corporation and/or any subsidiary of the Corporation.

                  2.23 TARGET means a relative level of Performance Reward
         Criteria at which the Corporation TSR for a particular TSR Performance
         Period is at a percentile of TSR for the Peer Group for that TSR
         Performance Period as determined by the Committee under Section 6.02.

                  2.24 THRESHOLD means a relative level of Performance Reward
         Criteria at which the Corporation TSR for a particular TSR Performance
         Period is at a percentile of TSR for the Peer Group for that TSR
         Performance Period as determined by the Committee under Section 6.02.
         Threshold shall be the lowest level of Performance Reward Criteria for
         which a Plan Reward will be earned.

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                  2.25 TSR is the percentile ranking of the sum of stock price
         appreciation of and dividend reinvestment with respect to a share of
         Corporation Stock as compared to the comparable amount among the Peer
         Group for a particular TSR Performance Period as calculated on the Fair
         Market Value of a share of Stock as of the end of the TSR Performance
         Period plus dividends paid on a share of stock during the TSR
         Performance Period divided by the Fair Market Value of a share of Stock
         at the beginning of the TSR Performance Period using the methodology
         described in item 402(l) of Regulation S-K as promulgated under the
         Securities Act, as such act or regulation may be amended from time to
         time, or any successor to either.

                  2.26 TSRP means the Total Shareholder Return Incentive
         Compensation Program as set forth in these rules as the same may be
         amended from time to time.

                  2.27 TSR PERFORMANCE PERIOD means a three calendar year period
         beginning on the January 1st designated by the Committee and continuing
         until the third December 31st thereafter.

                  2.28 TSR REWARDS means the number of shares of Stock earned
         for a particular TSR Performance period after application of the
         Performance Level.

                  2.29 TSR TARGET AWARD means an award of an opportunity to earn
         a number of shares of Stock in a TSR Performance Period. The number of
         shares for a particular Participant shall be determined by the
         Committee for each TSR Performance Period by dividing the Participant's
         base salary at the commencement of the TSR Performance Period by the
         average Fair Market Value for the 30 Business Days preceding the first
         Business Day of that TSR Performance Period and multiplying the result
         by a decimal determined appropriate by the Committee based on the
         Participant's responsibilities and opportunity to contribute to the
         success of the Corporation.

                  2.30 STOCK means Common Stock, par value $0.10 per share, of
         the Corporation.

                  2.31 WITHHOLDING OBLIGATIONS means the amount of federal,
         state and local income and payroll taxes the Corporation determines in
         good faith must be withheld with respect to a TSR Rewards. Withholding
         Obligations may be settled by the Participant, as permitted by the
         Committee in its discretion, in shares of Stock otherwise deliverable
         under the TSRP, cash, previously owned shares of Stock or any
         combination of the foregoing.

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ARTICLE III.  ADMINISTRATION

                  In addition to any power reserved to the Committee under
         Article III of the Plan, the TSRP shall be administered by the
         Committee, which shall have exclusive and final authority and
         discretion in each determination, interpretation or other action
         affecting the TSRP and its Participants. The Committee shall have the
         sole and absolute authority and discretion to interpret the TSRP, to
         modify these administrative rules for the TSRP, to select, in
         accordance with Section 5.01 of these rules, the persons who will be
         Participants hereunder, to determine all performance criteria, levels
         of awards and rewards payable, to impose such conditions and
         restrictions as it determines appropriate and to take such other
         actions and make such other determinations in connection with the TSRP
         as it may deem necessary or advisable.

ARTICLE IV.  STOCK ISSUABLE UNDER THE TSRP

                  4.01 NUMBER OF SHARES OF STOCK ISSUABLE. Subject to
         adjustments as provided in Section 11.07 of the Plan, the maximum
         number of shares of Stock available for issuance under the TSRP shall
         be 1,500,000. The Stock to be offered under the TSRP shall be
         authorized and unissued Stock, or Stock which shall have been
         reacquired by the Corporation and held in its treasury.

                  4.02 SHARES SUBJECT TO TERMINATED AWARDS. Shares of Stock
         forfeited as provided in Section 6.03 of these rules may again be
         issued under the TSRP.

ARTICLE V.  PARTICIPATION

                  5.01 DESIGNATION OF PARTICIPANTS. Participants in the TSRP
         shall be such key management employees of the Corporation or of its
         subsidiaries as the Committee, in its sole discretion, may designate as
         eligible to participate in the TSRP for any one or more TSR Performance
         Periods. No later than 90 days after the commencement of each TSR
         Performance Period during the term of the TSRP, the Committee shall
         designate the Participants who are eligible to participate in the TSRP
         during such TSR Performance Period. The Committee's designation of a
         Participant with respect to any TSR Performance Period shall not
         require the Committee to designate such person as a Participant with
         respect to any other TSR Performance Period. The Committee shall
         consider such factors as it deems pertinent in selecting Participants.
         The Committee shall promptly provide to each person selected as a
         Participant written notice of such selection.

ARTICLE VI.  GRANTS UNDER THE TSRP

                  6.01 ANNUAL DETERMINATION REGARDING TSR PERFORMANCE PERIOD. No
         later than the 60th day of each calendar year, the Committee shall
         determine whether to establish a TSR Performance Period, provided,
         however, for a TSR Performance Period established in calendar year
         2001, the Committee may make a determination under this Section 6.01 at
         any time prior to the 90th day of calendar year 2001.

                  6.02 DETERMINATION OF GRANTS, AWARDS AND PERFORMANCE CRITERIA.
         For each TSR Performance Period, the Committee shall take the following
         actions no later than the 90th day of the first calendar year of that
         TSR Performance Period:

                           (a) Identify Participants for that TSR Performance
                  Period;

                           (b) Establish the level of the TSR Target Awards for
                  each Participant;

                           (c) Set the Performance Reward Criteria in terms of
                  percentile ranking among the Peer Group for such period at
                  Threshold, Target and Excellent, respectively;

                           (d) Set the Award Targets for Threshold, Target and
                  Excellent; and

                           (e) Determine the Peer Group for that TSR Performance
                  Period.

                  6.03 TERMINATION OF EMPLOYMENT. If a Participant terminates
         employment with the Corporation and each subsidiary of the Corporation
         during a then uncompleted TSR Performance Period for

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         reasons other than death, Disability or Retirement, any TSR Target
         Award for any then uncompleted TSR Performance Period shall be
         forfeited automatically and the shares represented by such TSR Target
         Awards shall again be eligible for awards under these Rules. If a
         Participant terminates employment with the Corporation and each
         subsidiary of the Corporation for reasons of death, Disability or
         Retirement during a then uncompleted TSR Performance Period, the
         Participant shall be entitled to receive a pro rata Plan Reward for
         each then uncompleted TSR Performance Period determined:

                           (a) when the TSR Rewards for all other Participants
                  in such TSR Performance Period(s) are determined;

                           (b) based on the actual level of achievement of
                  Performance Reward Criteria for that TSR Performance Period
                  and the Participant's TSR Target Award;

                           (c) pro rated by multiplying the number of shares of
                  Stock the Participant would have received if the Participant
                  completed the TSR Performance Period multiplied by a fraction,
                  the numerator of which is the number of months of such TSR
                  Performance Period completed before the Participant's
                  termination of employment and the denominator is 36; and

                           (d) certificates representing the number determined
                  above shall be delivered at the same time as all other
                  certificates for such TSR Performance Period are delivered to
                  Participants who completed the TSR Performance Period.

ARTICLE VII.  DETERMINATION OF PERFORMANCE REWARD CRITERIA AND DELIVERY OF STOCK

                  7.01 DETERMINATION OF ACTUAL ACHIEVEMENT OF PERFORMANCE REWARD
         CRITERIA. As promptly as administratively feasible but in no event
         later than the March 1st of the calendar year following last calendar
         year of each TSR Performance Period, the Committee shall determine the
         TSR of the Corporation and the average TSR of each member of the Peer
         Group and determine the Performance Level, if any, at which the
         Performance Reward Criteria have been achieved.

                  7.02 DETERMINATION OF PLAN REWARDS. Plan Rewards for a
         particular TSR Performance Period for a particular participant shall be
         the result of multiplying that Participant's TSR Target Award by the
         Performance Level for that TSR Performance Period determined under
         Section 7.01.

                  7.03 DELIVERY OF STOCK CERTIFICATES. As promptly as
         administratively feasible after the but in no event later than the
         March 15th of the calendar year following the last calendar year of a
         TSR Performance Period, the Corporation shall prepare for each
         Participant due a Plan Reward under Section 7.02 one or more stock
         certificates registered in the name(s) indicated by such Participant
         and shall deliver such certificates to the Participant promptly
         following the Participant's settlement of the Withholding Obligations
         by placing such certificates or causing such certificates to be placed
         in the U.S. mail, postage prepaid, to the address indicated by the
         Participant.

ARTICLE VIII.  MISCELLANEOUS

                  8.01 APPLICATION OF PROVISIONS OF PLAN. Except as set forth in
         these Rules, the provisions of the Plan, including, but not limited to,
         Article X, the Terms Applicable Generally to Awards Granted under the
         Plan, shall apply to these Rules and are incorporated herein as if set
         forth at length.

                  8.02 CHANGE IN CONTROL. In the event of a Change in Control,
         Plan Rewards shall be determined for all then uncompleted TSR
         Performance Periods as of the date of the Change in Control at the
         greater of (i) the Performance Level actually attained prior to the
         Change in Control and projected for the remainder of such uncompleted
         TSR Performance Periods or (ii) Target for each such uncompleted TSR
         Performance Period and certificates (or, with the consent of the
         Committee an amount in cash representing the Fair Market Value of such
         certificates) representing the Plan Rewards shall be delivered to the
         Participant as soon after the Change in Control as is administratively
         feasible.

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                  8.03 SECURITIES LAWS AND SECTION 162(m) RESTRICTIONS. Any TSR
         Award denominated in Common Stock shall be subject to the requirement
         that if at any time the Committee shall determine that any listing or
         registration of the shares of Common Stock or any consent or approval
         of any governmental body or any other agreement or consent is necessary
         or desirable as a condition to the granting of a TSR Award or issuance
         of shares of Common Stock or cash in satisfaction thereof, such grant
         of an award or issuance of shares of Common Stock may not be
         consummated unless such requirement is satisfied in a manner acceptable
         to the Committee. It is intended, unless the Committee determine
         otherwise, that the TSRP comply with Rule 16b-3 as issued by the
         Securities and Exchange Commission and Section 162(m) of the Code. All
         interpretations of the TSRP relating to Statutory Insiders shall be
         consistent with that Rule 16b-3, the Exchange Act and Section 162(m) of
         the Code. In order to maintain compliance with any of Rule 16b-3, the
         Exchange Act or the Code, the Committee may adopt such other rules or
         provide restrictions on outstanding TSR Awards as it in its discretion
         shall deem necessary and such rules or restrictions shall apply to
         outstanding TSR Awards as if set forth in the respective TSR Award
         Agreements.

                  8.04 INVESTMENT REPRESENTATION. Each TSR Award Agreement may
         provide that the Participant shall deliver to the Committee upon demand
         by the Committee a written representation that the shares of Common
         Stock to be delivered are acquired by the Participant for investment
         and not for resale or with a view to the distribution thereof. Upon
         demand, delivery of such representation prior to the delivery of shares
         of Common Stock shall be a condition precedent to the Participant's
         right to receive such shares of Common Stock.

                  8.05 NO RIGHTS AS STOCKHOLDERS. Participants shall have no
         rights as shareholders of the Corporation prior to the actual delivery
         of shares of Common Stock. The existence of these Rules and/or any TSR
         Awards then outstanding shall not be a bar or affect in any way the
         power or authority of the Corporation or any of its then stockholders
         to take any action regarding the Corporation, its assets or its capital
         structure.

                  8.06 NON-UNIFORM DETERMINATIONS. The actions and
         determinations of the Committee need not be uniform and may be taken or
         made by the Committee selectively among employees or Participants,
         whether or not similarly situated.

                  8.07 AMENDMENT AND TERMINATION OF RULES. The Committee shall
         have complete power and authority to amend or terminate these Rules at
         any time it is deemed necessary or appropriate. No termination or
         amendment of the Rules may, without the consent of the Participant to
         whom any award shall theretofore have been granted under the TSRP,
         adversely affect the right of such individual under such award;
         provided, however, that the Committee may, in its sole discretion, make
         such provision in the Award Agreement for amendments which, in its sole
         discretion, it deems appropriate.

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                                                                Exhibit 10.35

                                     FORM OF
             TOTAL SHAREHOLDER RETURN INCENTIVE COMPENSATION PROGRAM

                                 AWARD AGREEMENT

Allegheny Technologies Incorporated (the "COMPANY") and the award recipient
named below ("PARTICIPANT") enter into this Total Shareholder Return Incentive
Compensation Program Agreement effective as of March 23, 2001.

Participant:                      [full name]
                                  PARTICIPANT TO COMPLETE THE FOLLOWING CHART
                                  (Please print)

Street Address

--------------------------------------------------------------------------------
City/State/Zip Code

--------------------------------------------------------------------------------
Social Security Number

--------------------------------------------------------------------------------

WHEREAS, the Company has adopted the Allegheny Technologies Incorporated 2000
Incentive Plan (the "PLAN") and, in accordance with the Plan, has adopted
Administrative Rules for the Total Shareholder Return Incentive Compensation
Program (the "TSRP") as a portion of the Plan to (i) assist the Company retain
and motivate key management employees; (ii) reward key management employees for
the overall success of the Company; and (iii) provide a means of encouraging key
management employees to acquire and hold shares of Company Common Stock.

WHEREAS, the TSRP replaces the Performance Share Program ("PSP") portion of the
Company's compensation program and, as provided in Section 5 of the Terms and
Conditions attached hereto, as a condition to receiving this TSR Award, the
Participant must surrender each outstanding PSP Award, subject to the Change in
Control provisions of Section 5.1 of the Terms and Conditions;

WHEREAS, the TSRP provides that each TSR Target Award made under the TSRP shall
be evidenced by an Award Agreement between the Company and the key management
employee who receives a TRS Target Award under the TSRP setting forth the terms
and conditions of such TSR Target Award;

WHEREAS, the Company desires to make a TSR Target Award to the Participant and
evidence such TSR Target Award by this Award Agreement and the Participant,
having read and understood the Plan and the TSRP, is willing to enter into this
Award Agreement on the terms and conditions set forth herein.

NOW THEREFORE, in consideration of the covenants and agreements herein contained
and intending to be legally bound, the parties hereto agree with each other as
follows:

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Subject to the attainment of the Performance Levels described below and to the
terms and conditions of the Plan, the TSRP and the Terms and Conditions of Award
attached hereto and incorporated herein by reference, by which Participant
agrees to be bound, the Company awards to Participant the Award described below,
with respect to the Performance Period described below:

PERFORMANCE PERIOD:  January 1, 2001 through December 31, 2003

TSR TARGET AWARD: ______ Shares of Company Common Stock
[equals base salary at 1/1/01 times ___% (which is the Participant's target
award opportunity as a percent of salary) divided by $14.75 (which is the
average closing price for the 30 trading days prior to January 1, 2001)]

PERFORMANCE LEVELS: The following table shows the performance award relationship
under the TSRP for the 2001-2003 performance period:

================================================================================
                                    Outcome Relative to Peer Group TSR
                          ------------------------------------------------------

                          Three-Year Percentile          Percent of Target
Level of Performance      Ranking in TSR                 Award Earned
--------------------------------------------------------------------------------

Below Threshold           Below 35th percentile                 0%
Threshold                 35th percentile                      50%
Target                    50th percentile                     100%
Excellent                 75th percentile                     200%

                  NOTE: Interpolation between points will be made on a straight
                  line basis on each scale. Below the 35th percentile and above
                  the 75th percentile, there will be no interpolation.

THE ACTUAL AWARD UNDER THE TSRP WILL EQUAL THE TSR TARGET AWARD TIMES THE
APPLICABLE PERCENT OF TARGET AWARD EARNED.

BY EXECUTING THIS TSR AWARD AGREEMENT, THE PARTICIPANT HEREBY SURRENDERS EACH
AND ANY OUTSTANDING PSP AWARD, EXCEPT TO THE EXTENT PROVIDED IN SECTION 5.1 OF
THE TERMS AND CONDITIONS ATTACHED HERETO.

IN WITNESS WHEREOF, the parties hereto have executed this Total Shareholder
Return Incentive Compensation Program Award Agreement effective the day and year
first above written.

ALLEGHENY TECHNOLOGIES INCORPORATED

By: /s/ Jon D. Walton
    -------------------
    Title: Senior Vice President, General Counsel and Secretary

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PARTICIPANT:                                WITNESS:

------------------------------              ------------------------------

                       TERMS AND CONDITIONS OF TSRP AWARD

Section 1:  Definitions

Capitalized words used but not defined below or elsewhere in these Terms and
Conditions shall have the meanings ascribed to them in the Plan.

"ADMINISTRATIVE RULES" or "TSRP" shall mean the Administrative Rules for the
TSRP adopted by the Committee effective January 1, 2001, as the same may be
amended from time to time.

"AWARD" shall mean the grant of a TSR Target Award evidenced by this Award
Agreement.

"COMMITTEE" means the Personnel and Compensation Committee of the Board of
Directors for a Participant who is not a statutory insider of the Company for
the purposes of Section 16 of the Securities Exchange Act of 1934 and the Stock
Incentive Award Subcommittee of the Board of Directors for a Participant who is
a statutory insider.

"COMMON STOCK" shall mean the common stock, $0.10 par value per share, of
Allegheny Technologies Incorporated.

"COMPANY" shall mean Allegheny Technologies Incorporated and its subsidiaries,
unless the context requires otherwise.

"DISABILITY" shall mean the total and permanent disability of Participant as
determined by the Committee in its sole discretion.

"EXCELLENT" shall mean a relative standing of the Company's TSR as against the
TSR for the Peer Group, in each case for the TSR Performance Period, equal to or
greater than 75%.

"PEER GROUP" shall mean the corporations listed on Exhibit 1 to this Award
Agreement, subject to the adjustments to such group as permitted under the
Administrative Rules.

"RETIREMENT" means a termination of employment with the Company and each of its
subsidiaries at or after (i) attaining age 55 and (ii) completing five years of
employment with the Company and/or any subsidiary of the Company.

"TARGET" shall mean a relative standing of the Company's TSR as against the TSR
of the Peer Group, in each case for the TSR Performance Period, of greater than
50% but less than 75%.

"THRESHOLD" shall mean a relative standing of the Company's TSR as against the
TSR of the Peer Group, in each case for the TSR Performance Period, of greater
than 35% but less than 50%.

"TSR PERFORMANCE LEVEL" means the measure of Company TRS performance relative to
the Peer Group, as set forth on page 2 of this Award Agreement. In determining
the final Performance Level, the Committee shall use straight-line interpolation
between Threshold and Target and between Target and Excellent. No TSR Reward
will be earned for a Performance Level less than Threshold. No additional TSR
Reward above Excellent will be earned for a Performance Level greater than
Excellent.

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Section 2: TSRP Award

2.1 Subject to the attainment of the TSR Performance Levels and to the terms and
conditions otherwise set forth in the Plan, the TSRP and this Award Agreement,
the Company awards to Participant the TSRP Award described in the first two
pages of this Award Agreement with respect to the Performance Period described
therein.

Section 3: Payment

3.1 Subject to the withholding obligations and any requirements of Section 4
then applicable, the Company shall deliver to the Participant certificates
representing the TSR Rewards, if any, for the TSR Performance Period within 75
days after the end of the TSR Performance Period.

Section 4: Miscellaneous

4.1 General Restriction. To the extent any TSR Target Award is denominated in
Common Stock under this Award Agreement, it shall be subject to the requirement
that if at any time the Committee shall determine that any listing or
registration of the shares of Common Stock or any consent or approval of any
governmental body or any other agreement or consent is necessary or desirable as
a condition of the issuance of shares of Common Stock or cash in satisfaction
thereof, such issuance of shares of Common Stock may not be consummated unless
such requirement is satisfied in a manner acceptable to the Committee. The
Company shall in no event be obligated to register any securities pursuant to
the Securities Act of 1933 (as the same shall be in effect from time to time) or
to take any other affirmative action to cause the issuance of shares pursuant to
the distribution of TSR Rewards to comply with any law or regulation of any
governmental authority.

4.2 Non-Assignability. No TSR Target Award granted under this Award Agreement
shall be assignable or transferable by the Participant, except by will or by the
laws of descent and distribution. During the life of the Participant, any TSR
Rewards shall be payable only to the Participant. No assignment or transfer of a
TSR Target Award or of the rights represented thereby, whether voluntary or
involuntary, by operation of law or otherwise (except by will or the laws of
descent and distribution), shall vest in the assignee or transferee any interest
or right herein whatsoever, and immediately upon such purported assignment or
transfer, the TSR Target Awards shall terminate and become of no further effect.

4.3 Withholding Obligations. Whenever the Company makes delivery under the Plan,
in whole or in part, the Company shall notify the Participant of the amount of
withholding for tax, if any, which must be paid under federal and, where
applicable, state and local law. The Company shall, in the discretion of the
Company, but with the consent of the Committee, arrange for payment for such
withholding for taxes in any one or combination of the following ways: (i)
acceptance of an amount in cash paid by the Participant; or (ii) reduction in
the number of shares to be issued in the by that number of shares which, in
aggregate, have a value equal to such withholding amount. If the full amount of
the required withholding is not recovered in the above manner, the Participant
shall, forthwith upon receipt of notice, remit the deficiency to the Company. No
shares of Common Stock shall be issued or delivered to the Participant (and/or
the Participant's designee) until all applicable withholding obligations shall
have been satisfied in full.

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4.4 Delivery of Certificates. As soon as practicable after compliance by the
Participant with all applicable conditions including, but not limited to, the
satisfaction of the Withholding Obligations described in Section 4.3 hereof, the
Company will issue and deliver by mail, or cause delivery by mail, to the
Participant at the address specified by the Participant in writing, certificates
registered in the name of the Participant (and/or the Participant's designee)
for the number of shares of Common Stock which the Participant is entitled to
receive (subject to reduction for withholding as provided in Section 4.3 hereof)
under the provisions of this Award Agreement.

4.5 No Right to Employment. Nothing in the Plan or in this Award Agreement shall
confer upon the Participant the right to continue in the employ of the Company
or any subsidiary or affect any right that the Company or a subsidiary may have
to terminate the employment of the Participant.

4.6 Amendment or Termination of the Plan. The Plan, or any part thereof
(including the TSRP and/or Administrative Rules) may be terminated or may, from
time to time, be amended, each in accordance with the Plan, TSRP or
Administrative Rules, as applicable, provided, however, the termination or
amendment of the Plan, the Administrative Rules or TSRP shall not, without the
consent of the Participant, affect Participant's rights under this Award
Agreement.

4.7 Investment Representation. Under the federal and/or state securities laws,
the Participant may be required to deliver, and, if so, shall deliver, to the
Committee, upon demand by the Committee, at the time of any payment of Common
Stock, a written representation that the shares to be acquired are to be
acquired for investment and not for resale or with a view to the distribution
thereof. Upon such demand, delivery of such representation prior to delivery of
any shares shall be a condition precedent to the right of the Participant to
receive any shares.

4.8 No Rights as Shareholder. The Participant shall have no rights as a
stockholder of the Company with respect to shares of Common Stock subject to the
Award evidenced this Award Agreement unless and until a certificate for shares
of Common Stock is issued to the Participant.

4.9 Adjustment of Award. In the event of any change or changes in the
outstanding Common Stock of the Company by reason of any stock dividend,
recapitalization, reorganization, merger, consolidation, split-up, combination
or exchange of shares or any rights offering to purchase a substantial amount of
Common Stock at a price substantially below fair market value or of any similar
change affecting the Common Stock, any of which takes effect after the first
grant of a TSR Target Award under this Award Agreement, the Committee may, in
its discretion, appropriately adjust the number of shares of Common Stock which
may be issued under this Award Agreement, the number of shares of Common Stock
subject to TSR Target Awards under this Award Agreement and any and all other
adjustments deemed appropriate by the Committee to prevent substantial dilution
or enlargement of the rights granted to the Participant in such manner as the
Committee shall deem appropriate. Any adjustment so made shall be final and
binding upon the Participant.

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4.10 Awards Not a Bar to Corporate Event. The existence of the TSR Target Awards
granted hereunder shall not affect in any way the right or the power of the
Company or its stockholders to make or authorize any or all adjustments,
recapitalizations, reorganizations or other changes in the Company's capital
structure or its business, or any merger or consolidation of the Company, or any
issue of bonds, debentures, preferred or prior preference stocks ahead of or
affecting the Common Stock or the rights thereof, or the dissolution or
liquidation of the Company, or any sale or transfer of all or any part of its
assets or business, or any other corporate act or proceeding, whether of a
similar character or otherwise.

4.11 Not Income for Qualified Plans. No amounts of income received by an
Participant pursuant to this Award Agreement shall be considered compensation
for purposes of any pension or retirement plan, insurance plan or any other
employee benefit plan of the Company or any of its affiliates.

4.12 Meaning of Participant. Whenever the word "Participant" is used in any
provision of this Award Agreement under circumstances where the provision should
logically be construed to apply to the executors, the administrators, or the
person or persons to whom the TSR Target Awards may be transferred by will or by
the laws of descent and distribution, the word "Participant" shall be deemed to
include such person or persons.

4.13 Determinations of Committee. The actions taken and determinations of the
Committee made pursuant to this Award Agreement and of the Committee pursuant to
the Plan, the TSRP and the Administrative Rules shall be final, conclusive and
binding upon the Company and upon the Participant. No member of the Committee
shall be liable for any action taken or determination made relating to this
Award Agreement, the Plan, the TSRP, or the Administrative Rules if made in good
faith.

Section 5: Provisions Relating to the Performance Share Program

5.1 Certain Provisions Applicable Upon a Change in Control. In the event of a
Change of Control as defined in the Plan or TSRP or an agreement between the
Company and the Participant which would have caused a payment to be made to the
Participant under the Performance Share Program with respect to the award period
under such program commencing January 1, 2000 and ending December 31, 2002 (the
"2000-2002 AWARD PERIOD") and the TSRP, the Participant shall be entitled to
receive the greater of the amount payable to the Participant under the
Performance Share Program with respect to the 2000-2002 Award Period or the
amount payable to the Participant under the TSRP.

5.2 Surrender of PSP Award. As additional consideration for the Award evidenced
by this Award Agreement, the Participant hereby (i) surrenders to the Company
the award made to the Participant under the Performance Share Program for the
2000-2002 Award Period and all rights relating thereto, except as set forth in
Section 5.1 above, and (ii) agrees to execute any additional documents
evidencing the surrender of such award. Any purported assertion of rights with
respect to such units shall be void and without force and effect and the Company
shall have no obligation with respect to such units whatsoever.

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5.3 Definition of Performance Share Program. For the purposes of this Section 5,
"PERFORMANCE SHARE Program" means the Administrative Rules for the Performance
Share Program adopted by the Committee effective January 31, 2000. ##

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EXHIBIT 1: LIST OF PEER COMPANIES (2001-2003 PERFORMANCE PERIOD)

AK Steel Corporation                         Nucor Corporation
Alcan, Inc.                                  Oregon Steel Mills
Alcoa Inc.                                   Phelps Dodge Corporation
Bethlehem Steel Corp.                        Precision Castparts Corporation
Brush Engineered Materials                   Quanex Corporation
Carpenter Technology Corporation             Reliance Steel and Aluminum
Commercial Metals Company                    RTI International Metals
Freeport McMoran Copper & Gold               Ryerson Tull, Inc.
Gibraltar Steel                              Special Metals Corporation
Inco Limited                                 Steel Dynamics
IPSCO Steel, Inc.                            Titanium Metals Corporation
Kaiser Aluminum & Chemical Corporation       UCAR International, Inc.
KEMET Corporation                            USX--U.S. Steel
Kennametal Inc.                              Worthington Industries, Inc.

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