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Exhibit 4.2
DESCRIPTION OF THE REGISTRANT’S SECURITIES 
REGISTERED PURSUANT TO SECTION 12 OF THE
SECURITIES EXCHANGE ACT OF 1934

The following is a brief description of the common stock, par value $0.01 per share (the “Common Stock”), of SunCoke Energy, Inc. (the “Company,” “we,” “us” and “our”), which is the only security of the Company registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended.

Description of Common Stock

The summary of the general terms and provisions of the Company’s Common Stock set forth below does not purport to be complete and is subject to, and qualified in its entirety by, reference to the Company’s Amended and Restated Certificate of Incorporation (the “Certificate of Incorporation”) and Amended and Restated Bylaws (the “Bylaws”), each of which, including all amendments thereto, is incorporated by reference as an exhibit to our Annual Report on Form 10-K for the fiscal year ended December 31, 2019. We encourage you to read our Certificate of Incorporation, Bylaws, and the applicable provisions of the General Corporation Law of the State of Delaware (the “DGCL”) for additional information.

Our authorized capital stock consists of:

•Three Hundred Million (300,000,000) shares of Common Stock, par value $0.01 per share; and

•Fifty Million (50,000,000) shares of preferred stock, par value $0.01 per share.

Common Stock
    
•Dividend Rights. Subject to the prior dividend rights of holders of our preferred stock, holders of our Common Stock from time to time are entitled to receive dividends as and when declared by our board of directors (the “Board”) out of legally available funds. The declaration and payment of future dividends to holders of our Common Stock will be at the discretion of our Board and will depend upon our earnings and financial condition, our capital requirements and those of our subsidiaries, regulatory conditions and considerations and other factors as our Board may deem relevant. No cash dividends will be paid with respect to our Common Stock for any period unless dividends for the same period, and any accumulated but unpaid dividends, with respect to any outstanding series of our preferred stock having preferential rights with respect to dividends have been paid.

•Voting Rights. Each share of our Common Stock entitles the holder thereof to one vote per share on all matters submitted to a vote of the stockholders, including the election of directors. Under our Certificate of Incorporation and Bylaws, our stockholders will not have cumulative voting rights. Because of this, the holders of a majority of the shares of Common Stock entitled to vote in any election of directors can elect all of the directors standing for election, if they should so choose.

•Liquidation Rights. In the event of our liquidation, dissolution or winding up, whether voluntary or involuntary, the holders of Common Stock are entitled to receive, pro rata, our assets which are legally available for distribution, after payment of all debts and other liabilities and subject to the prior rights of any holders of preferred stock then outstanding.

•Preemptive Rights. The holders of our Common Stock do not have any preemptive right to purchase our securities.

•Conversion. Shares of our Common Stock are not convertible into shares of any other class of capital stock.

•Miscellaneous. The issued and outstanding shares of our Common Stock are fully paid and non-assessable. Computershare Trust Company, N.A. serves as the registrar, transfer agent and cash dividend paying agent for our Common Stock.

Annual Stockholders Meeting

    Our Bylaws provide that annual stockholder meetings will be held at a date, time and place, if any, as selected exclusively by our Board. To the extent permitted under applicable law, we may conduct meetings by remote communications, including by webcast.

Voting

    The affirmative vote of a majority of the shares of our Common Stock present, in person or by proxy, at any annual or special meeting of stockholders and entitled to vote will decide all matters voted on by stockholders, unless the question is one upon which, by express provision of law, under our Certificate of Incorporation, or under our Bylaws, a different vote is required, in which case such provision will control.

Anti-Takeover Effects of our Certificate of Incorporation and Bylaws

    The provisions of our Certificate of Incorporation and Bylaws and of the DGCL summarized below may have an anti-takeover effect and may delay, defer or prevent a tender offer or takeover attempt that you might consider in your best interest, including an attempt that might result in your receipt of a premium over the market price for your shares. These provisions 

are also designed, in part, to encourage persons seeking to acquire control of us to first negotiate with our Board, which could result in an improvement of their terms.

•Special Meetings of Stockholders. Our Certificate of Incorporation provides that, subject to the requirements of applicable law and any special rights of holders of preferred stock, a special meeting of stockholders may be called only by the Chairman of our Board or by a resolution adopted by a majority of the number of directors our Board would have if there were no vacancies.

•Stockholder Action by Written Consent. Our Certificate of Incorporation provides that any action that, under the DGCL, may be taken at any meeting of stockholders may be taken in lieu of a meeting by written consent of stockholders if the consent is signed by all of the persons who would be entitled to vote upon such action at a meeting, or by their duly authorized attorneys.

•Removal of Directors. Our Bylaws provide that, subject to the rights of the holders of any series of preferred stock, directors may be removed with cause at any time upon the affirmative vote of holders of at least 80 percent of the voting power of all of the then-outstanding shares of voting stock, voting together as a single class.

•Stockholder Advance Notice Procedure. Our Bylaws establish an advance notice procedure for stockholders to make nominations of candidates for election as directors or to bring other business before an annual meeting of our stockholders. The Bylaws provide that any stockholders wishing to nominate persons for election as directors at, or bring other business before, an annual meeting must deliver to our secretary a written notice of the stockholder’s intention to do so. These provisions may have the effect of precluding the conduct of certain business at a meeting if the proper procedures are not followed. We expect that these provisions also may discourage or deter a potential acquirer from conducting a solicitation of proxies to elect the acquirer’s own slate of directors or otherwise attempting to obtain control of our company.

•Certificate of Incorporation and Bylaws. Our Certificate of Incorporation provides that it may be amended by both the affirmative vote of a majority of our Board or the affirmative vote of the holders of a majority of the outstanding shares of our Common Stock then entitled to vote at any annual or special meeting of stockholders; provided, however, that specified provisions of our Certificate of Incorporation may not be amended, altered or repealed unless the amendment is approved by the affirmative vote of the holders of at least 80 percent of the voting power of all of the voting stock, voting together as a single class, including: the provisions governing the liability and indemnification of directors; maintenance of certain insurance coverage; and the requirement for supermajority approval of certain amendments to our Certificate of Incorporation.

    In addition, our Bylaws provide that our Bylaws may be amended, altered or repealed, or new bylaws may be adopted, by the affirmative vote of a majority of the Board, or by the affirmative vote at a meeting of the holders of at least a majority of the outstanding shares of our Common Stock; provided, however, that the affirmative vote of the holders of at least 80 percent of the voting power of all of the voting stock, voting together as a single class is required to alter, amend, repeal, or adopt provisions relating to: the right to call a special  meeting of stockholders; advance notice of nominations or other business to be properly brought before an annual meeting of stockholders; required vote and procedure for election of directors; setting of a record date for stockholder action by consent; the number, tenure and qualification of directors; the removal of directors and filling of vacancies on the Board; indemnification of directors and officers; and amendment of our Bylaws.

    These provisions make it more difficult for any person to remove or amend any provisions in our Certificate of Incorporation and Bylaws that may have an anti-takeover effect.

    In addition, Section 203 of the DGCL prohibits certain transactions between us and a stockholder who (i) beneficially owns (together with any affiliates or associates) at least 15 percent of our outstanding voting shares or (ii) is an affiliate or associate of the Company and owned 15 percent or more of our outstanding voting shares within the past three years. This provision could prevent certain business combinations between such an interested stockholder and us for a period of up to three years. In addition, our Bylaws divide our Board into three classes of directors serving staggered, three-year terms. Vacancies and newly-created directorships resulting from any increase in the size of our Board may be filled by our Board until the next election of the class for which such director shall have been chosen, even if the directors then on the Board do not constitute a quorum. Members of our Board may only be removed from office by our stockholders for cause. These provisions could delay or prevent a change in control or removal of existing management.

Limitations on Liability

    Our Certificate of Incorporation contains provisions permitted under the DGCL relating to the liability of directors. These provisions eliminate a director’s personal liability for monetary damages resulting from a breach of fiduciary duty, except in circumstances involving: a breach of the director’s duty of loyalty; acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of the law; Section 174 of the DGCL, pertaining to unlawful dividends; or a transaction from which the director derives an improper personal benefit. The principal effect of the limitation on liability provision is that a stockholder will be unable to prosecute an action for monetary damages against a director unless the stockholder can demonstrate a basis for liability for which indemnification is not available under the DGCL. These provisions, however, should not limit   or eliminate our rights or a stockholder’s right to seek non-monetary relief, such as an injunction or rescission, in the event of a breach of fiduciary 

duty by directors. These provisions do not alter a director’s liability under federal securities laws. The inclusion of this provision in our Certificate of Incorporation may discourage or deter stockholders or management from bringing a lawsuit against directors for a breach of their fiduciary duties, even though such an action, if successful, might otherwise have benefited us and our stockholders.

Indemnification

    Our Certificate of Incorporation requires us to indemnify and advance expenses to our directors and officers to the fullest extent authorized by the DGCL and other applicable law, except in the case of a proceeding instituted by the director or officer without the approval of our Board. Our Certificate of Incorporation provides that we are required to indemnify our directors and executive officers, to the fullest extent permitted by law, for all judgments, fines, settlements, legal fees and other expenses incurred in connection with pending or threatened legal proceedings because of the director’s or officer’s positions with us or another entity that the director or officer serves at our request, subject to various conditions, and to advance funds to our directors and officers to enable them to defend against such proceedings.

     We have entered into an indemnification agreement with each of our directors. The indemnification agreements provide our directors with contractual rights to the indemnification and expense advancement rights provided under our Certificate of Incorporation, as well   as contractual rights to additional indemnification as provided in the indemnification agreement.
Exclusive Forum for Adjudication of Disputes
    Our Bylaws provide that the Court of Chancery of the State of Delaware is the sole and exclusive forum for: any derivative action or proceeding brought on behalf of us; any action asserting a claim of breach of a fiduciary duty owed to us or our stockholders by any of our directors, officers or employees; any action asserting a claim against us, or any of our directors or officers, arising under the DGCL, our Bylaws, or our Certificate of Incorporation; or any action asserting a claim against us, or any of our directors, officers, or employees, that is governed by the internal affairs doctrine. We may consent in writing to alternative forums. By becoming a stockholder in our company, you will be deemed to have notice of, and have consented to, the provisions of our Bylaws related to choice of forum.
Market Listing
    The shares of our Common Stock are listed on the NYSE under the trading symbol “SXC.”
Transfer Agent and Registrar
    The transfer agent and registrar for our Common Stock is Computershare Trust Company, N.A.sxc-202010xkex1054

Exhibit 10.5.4      RESTRICTED SHARE UNIT AGREEMENT  under the  SUNCOKE ENERGY, INC. LONG-TERM PERFORMANCE ENHANCEMENT PLAN    This Restricted Share Unit Agreement (the “Agreement”), is entered into as of  _________________ (the “Agreement Date”), by and between SunCoke Energy, Inc. (“SunCoke”)  and _________________, an employee of SunCoke or one of its Affiliates (the “Participant”).  W I T N E S S E T H:  WHEREAS, the SunCoke Energy, Inc. Long-Term Performance Enhancement Plan (the  “Plan”) is administered by the Compensation Committee or its duly appointed sub-committee (the  Compensation Committee or such sub-committee, the “Committee”), and the Committee has  determined to grant to the Participant, pursuant to the terms and conditions of the Plan, an award (the  “Award”) of Restricted Share Units (“RSUs”), representing rights to receive shares of Common Stock,  which Award is subject to a risk of forfeiture by the Participant, with the payout of such RSUs being  conditioned upon the Participant’s continued employment with SunCoke or one of its Affiliates through  the end of the applicable vesting period; and  WHEREAS, the Participant has determined to accept such Award.  NOW, THEREFORE, in consideration of these premises and the mutual promises of each of  the Parties herein contained, and for other good and valuable consideration, the receipt and  sufficiency of which are hereby acknowledged, SunCoke and the Participant, each intending to be  legally bound hereby, agree as follows:  ARTICLE I  AWARD OF RESTRICTED SHARE UNITS  1.1 Identifying Provisions.  For purposes of this Agreement, the following terms shall  have the following respective meanings:  (a) Participant:   _______________________  (b) Grant Date:  ________________________  (c) Number of RSUs:  ___________________  (d) Vesting Periods:  Subject to continued employment through the applicable  vesting date, the RSUs shall vest as follows:    • 33% on _________________________  • 33% on _________________________  • Remainder on ____________________  (e) Form of Payment:   Stock for RSUs; cash for Dividend Equivalents  

 

      Page 2 of 5  Any initially capitalized terms and phrases used in this Agreement but not otherwise defined  herein, shall have the respective meanings ascribed to them in the Plan.  1.2 Award of RSUs.  Subject to the terms and conditions of the Plan and this Agreement,  the Participant is hereby granted the number of RSUs set forth in Section 1.1.  1.3 Dividend Equivalents.  The Participant shall be entitled to receive payment from  SunCoke in an amount equal to each cash dividend (“Dividend Equivalent”) payable subsequent to  the Grant Date, just as though such Participant, on the record date for payment of such dividend, had  been the holder of record of shares of Common Stock equal to the actual number of RSUs.  SunCoke  shall establish a bookkeeping methodology to account for the Dividend Equivalents to be credited to  the Participant.  The Dividend Equivalents will not bear interest.  Vesting and payment of Dividend  Equivalents will correspond to the vesting and settlement of the RSUs with respect to which the  Dividend Equivalents relate.  1.4 Payment of RSUs and Related Dividend Equivalents.  (a) Except as set forth in Section 1.5(b) below, payout of this Award is conditioned  upon the Participant’s continued employment with SunCoke or one of its Affiliates through the  end of the applicable Vesting Period as set forth in 1.1(d) above.  (b) Actual payment in respect of the vested RSUs and the vested Dividend  Equivalent Account shall be made to the Participant within two (2) months after the end of the  applicable Vesting Period.  (1) Payment in respect of vested RSUs.  Payment  for vested  RSUs  earned shall be made in shares of Common  Stock. The number of shares of Common  Stock paid to the Participant shall be equal to the number of RSUs that vest at the end  of the applicable vesting period.  (2) Payment of Related Dividend Equivalents.  The Participant will be  entitled to receive from SunCoke, within two (2) months after the end of  the applicable  Vesting Period, a cash payment in respect of the related Dividend Equivalents that  vested for such Vesting Period.  Applicable federal, state and local taxes shall be withheld in accordance with Section 2.2  below.  1.5 Termination of Employment.  (a) Termination of Employment - In General.  Upon termination of the Participant’s  employment with SunCoke and its Affiliates for any reason other than a Qualifying Termination  or due to death, permanent disability or retirement, the Participant shall forfeit 100% of such  Participant’s RSUs that have not vested, together with the related Dividend Equivalents, and  the Participant shall not be entitled to receive any Common Stock or any payment of any  Dividend Equivalents with respect to the forfeited RSUs.  (b) Qualifying Termination of Employment or Termination of Employment Due to  Death or Permanent Disability.  In the event of the Participant’s Qualifying Termination or  termination of employment due to death or permanent disability, the Participant’s outstanding  RSUs immediately shall vest and shall settle within two (2) months following such termination  of employment, and the Dividend Equivalents that correspond to the RSUs that vest pursuant  to this sentence shall be paid within two (2) months following such termination of employment.   For purposes of this Section 1.5(b), a Participant shall have a “permanent disability” if he is  found to be disabled under the terms of SunCoke’s long-term disability policy in effect at the  

 

      Page 3 of 5  time of the Participant’s termination due to such condition or if the Committee in the exercise  of its sole discretion makes such determination.  (c) Termination Due to Retirement.  Upon termination of the Participant’s  employment with SunCoke and its Affiliates due to retirement,   (1) If retirement occurs during the calendar quarter in which the  Agreement Date occurs, the Participant shall forfeit 100% of the RSUs granted  pursuant to this Agreement, together with the related Dividend Equivalents, and the  Participant shall not be entitled to receive any Common Stock or payment of any  Dividend Equivalents with respect to the forfeited RSUs;  (2) If retirement occurs during the first calendar quarter immediately  following the calendar quarter in which the Agreement Date occurs, the Participant  shall forfeit 75% of the RSUs granted pursuant to this Agreement, together with the  related Dividend Equivalents, and the Participant shall not be entitled to receive any  Common Stock or payment of any Dividend Equivalents with respect to such forfeited  RSUs.  The remaining 25% (unforfeited) RSUs will continue to vest in accordance with  the vesting schedule set forth in Section 1 of this Agreement;  (3) If retirement occurs during the second calendar quarter following the  calendar quarter in which the Agreement Date occurs, the Participant shall forfeit 50%  of the RSUs granted pursuant to this Agreement, together with the related Dividend  Equivalents, and the Participant shall not be entitled to receive any Common Stock or  payment of any Dividend Equivalents with respect to such forfeited RSUs.  The  remaining 50% (unforfeited) RSUs will continue to vest in accordance with the vesting  schedule set forth in Section 1 of this Agreement;  (4) If retirement occurs during the third calendar quarter following the  calendar quarter in which the Agreement Date occurs but before the last day of such  third calendar quarter, the Participant shall forfeit 25% of the RSUs granted pursuant  to this Agreement, together with the related Dividend Equivalents, and the Participant  shall not be entitled to receive any Common Stock or payment of any Dividend  Equivalents with respect to such forfeited RSUs.  The remaining 75% (unforfeited)  RSUs will continue to vest in accordance with the vesting schedule set forth in Section  1 of this Agreement; and  (5) If retirement occurs at or any time following the end of the calendar  year in which the Agreement Date occurs, then Participant’s outstanding RSUs  granted pursuant to this Agreement will not be forfeited and will continue to vest in  accordance with the vesting schedule set forth in Section 1 of this Agreement.  For purposes of this Section 1.5(c), a Participant’s termination of employment shall  not be deemed to be a “retirement” unless: (x) such termination is other than for Just Cause;  (y) the Participant has attained at least 55 years of age; and (z) the Participant’s age, when  added to such Participant’s years of credited service with the Company and its Affiliates equals  at least 65 years.  ARTICLE II  GENERAL PROVISIONS  2.1 Effect of Plan; Construction. The entire text of the Plan is expressly incorporated  herein by this reference and so forms a part of this Agreement.  In the event of any inconsistency or  discrepancy between the provisions of the RSU Award covered by this Agreement and the terms and  

 

      Page 4 of 5  conditions of the Plan under which such RSUs are granted, the provisions in the Plan shall govern  and prevail. The RSUs, the related Dividend  Equivalents and this Agreement are each subject in all  respects to, and SunCoke and the Participant each hereby agree to be bound by, all of the terms and  conditions of the Plan, as the same may have been amended from time to time in accordance with its  terms.  2.2 Tax Withholding. All distributions under this Agreement are subject to withholding of  all applicable taxes.  (a) Payment in Cash. Cash payments in respect of any vested Dividend  Equivalents, shall be made net of any applicable federal, state, or local withholding taxes.  (b) Payment in Stock. Immediately prior to the payment of any shares of Common  Stock to Participant in respect of vested RSUs, the Participant shall remit an amount sufficient  to satisfy any Federal, state and/or local withholding tax due on the receipt of such Common  Stock.  At the election of the Participant, and subject to such rules as may be established by  the Committee, such withholding obligations may be satisfied through the surrender of shares  of Common Stock (otherwise payable to Participant in respect of such vested RSUs) having  a value, as of the date that such vested RSUs first became payable, sufficient to satisfy the  applicable tax obligation.  2.3  Administration.  Pursuant to the Plan, the Committee is vested with conclusive  authority to interpret and construe the Plan, to adopt rules and regulations for carrying out the Plan,  and to make determinations with respect to all matters relating to this Agreement, the Plan and Awards  made pursuant thereto. The authority to manage and control the operation and administration of this  Agreement shall be likewise vested in the Committee, and the Committee shall have all powers with  respect to this Agreement as it has with respect to the Plan. Any interpretation of this Agreement by  the Committee, and any decision made by the Committee with respect to this Agreement, shall be  final and binding.  2.4 Amendment. This Agreement may be amended in accordance with the terms of the  Plan.  2.5 Captions.  The captions  at the beginning  of each of the numbered  Sections  and   Articles  herein are for reference purposes only and will have no legal force or effect. Such captions  will not be considered a part of this Agreement for purposes of interpreting, construing or applying this  Agreement and will not define, limit, extend, explain or describe the scope or extent of this Agreement  or any of its terms and conditions.  2.6 Governing Law.  The validity,  construction,  interpretation  and  effect of this  instrument shall be governed exclusively by and determined in accordance with the law of the State  of Delaware (without giving effect to the conflicts of law principles thereof), except to the extent  preempted by federal law, which shall govern.  2.7 Notices.  All notices, requests and demands to or upon the respective parties hereto  to be effective shall be in writing, by facsimile, by overnight courier or by registered or certified mail,  postage prepaid and return receipt requested.  Notices to SunCoke shall be deemed to have been  duly given or made upon actual receipt by SunCoke.  Such communications shall be addressed and  directed to the parties listed below (except where this Agreement expressly provides that it be directed  to another) as follows, or to such other address or recipient for a party as may be hereafter notified by  such party hereunder:  

 

      Page 5 of 5  (a) If to SunCoke:   SunCoke Energy, Inc.  Compensation Committee of the Board of Directors  1011 Warrenville Road  Lisle, IL 60532  Attention: Corporate Secretary  (b) If to the Participant:  To the address for Participant as it appears on  SunCoke’s records.  2.8 Severability.  If any provision hereof is found by a court of competent jurisdiction to  be prohibited or unenforceable, it shall, as to such jurisdiction, be ineffective only to the extent of such  prohibition or unenforceability, and such prohibition or unenforceability shall not invalidate the balance  of such provision to the extent it is not prohibited or unenforceable, nor invalidate the other provisions  hereof.  2.9 Entire Agreement.  This Agreement constitutes the entire understanding and  supersedes any and all other agreements,  oral or written, between the parties hereto, in respect of  the subject matter of this Agreement and embodies the entire understanding of the parties with respect  to the subject matter hereof.  2.10 Forfeiture.  The shares of Common Stock or cash payments received in connection  with the Award granted pursuant  to this Agreement constitute incentive  compensation.  The  Participant agrees that any shares of Common Stock or cash payments received with respect to the  Award will be subject to any clawback/forfeiture  provisions applicable to SunCoke that are required  by any law in the future, including, without limitation, the Dodd-Frank Wall Street Reform and  Consumer Protection Act and/or any applicable regulations.  The Award is conditioned upon the  acceptance by the Participant of the terms and conditions of the Award as set forth in the Agreement.  * * *  The Award is conditioned upon the acceptance by the Participant of the terms and conditions  of the Award as set forth in this Agreement.  To accept this Agreement, a Participant must  access E*Trade Financial Services’ website.

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