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                                                                    EXHIBIT 10.8

                                 WCI STEEL, INC.
               AMENDED AND RESTATED 2006 LONG-TERM INCENTIVE PLAN

                                    ARTICLE 1
                             Background and Purpose

     1.1 Background. This Amended and Restated 2006 Long-Term Incentive Plan
(the "Plan"), adopted by the Board of Directors on December 14, 2006, permits
the grant of Incentive Stock Options, Non-Qualified Stock Options, Stock
Appreciation Rights, Restricted Stock, Restricted Stock Units, and other
equity-based awards. This Plan amends and restates the 2006 Long-Term Incentive
Plan adopted by the Board of Directors on June 16, 2006.

     1.2 Purpose. The purposes of the Plan are (a) to attract, reward and retain
highly competent persons as Employees, Directors, and Consultants of the
Company; (b) to provide additional incentives to such Employees, Directors, and
Consultants by aligning their interests with those of the Company's
shareholders; and (c) to promote the success of the business of the Company.

     1.3 Eligibility. Service Providers who are Employees, Consultants
determined by the Committee to be significantly responsible for the success and
future growth and profitability of the Company, or Directors are eligible to be
granted Awards under the Plan. However, Incentive Stock Options may be granted
only to Employees.

     1.4 Definitions. Capitalized terms used in the Plan and not otherwise
defined herein shall have the meanings assigned to such terms in the attached
Appendix.

                                   ARTICLE 2
                                  Share Limits

     2.1 Share Reserve. Subject to adjustment under Section 2.4 of the Plan,
Awards may be made under the Plan for up to 796,470 Shares. All of the available
Shares may, but need not, be issued pursuant to the exercise of Incentive Stock
Options. At all times the Company will reserve and keep available a sufficient
number of Shares to satisfy the requirements of all outstanding Awards made
under the Plan and all other outstanding but unvested Awards made under the Plan
that are to be settled in Shares. All Shares issued under the Plan may be either
authorized and unissued Shares or issued Shares reacquired by the Company.

     2.2 Shares Counted Against Limitation. Shares covered by an Award shall not
be counted as used unless and until they are actually issued and delivered to a
Participant. If any Award lapses, expires, terminates or is canceled prior to
the issuance of Shares thereunder or if Shares are issued under the Plan to a
Participant and thereafter are reacquired by the Company, the Shares subject to
such Awards and the reacquired Shares shall again be available for issuance
under the Plan. In addition, the following Shares shall not be treated as having
been issued under the Plan: (i) Shares tendered by a Participant or retained by
the Company as full or partial payment to the Company for the purchase price of
an Award or to satisfy tax withholding

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obligations in connection with an Award, (ii) Shares covered by an Award that is
settled in cash or (iii) the number of Shares subject to a Stock Appreciation
Right in excess of the number of Shares that are delivered to the Participant
upon exercise of the Stock Appreciation Right. The number of Shares available
for issuance under the Plan shall not be reduced to reflect any dividends or
dividend equivalents that are reinvested into additional Shares or credited as
additional Restricted Stock, Restricted Stock Units or similar Awards.

     2.3 Substitute Awards. The Committee may grant Awards under the Plan in
substitution for stock and stock based awards held by employees, directors,
consultants or advisors of another company (an "Acquired Company") in connection
with a merger, consolidation or similar transaction involving such Acquired
Company with the Company or an Affiliate or the acquisition by the Company or an
Affiliate of property or stock of the Acquired Company. The Committee may direct
that the substitute Awards be granted on such terms and conditions as the
Committee considers appropriate in the circumstances. Any substitute Awards
granted under the Plan shall not count against the Share limitations set forth
in Section 2.1.

     2.4 Adjustments. The following provisions will apply if any extraordinary
dividend or other extraordinary distribution occurs in respect of the Shares
(whether in the form of cash, Shares, other securities, or other property), or
any reclassification, recapitalization, stock split (including a stock split in
the form of a stock dividend), reverse stock split, reorganization, merger,
combination, consolidation, split-up, spin-off, combination, repurchase, or
exchange of Shares or other securities of the Company or any similar, unusual or
extraordinary corporate transaction (or event in respect of the Shares) or a
sale of all or substantially all the assets of the Company occurs. The Committee
will, in such manner and to such extent (if any) as it deems appropriate and
equitable:

          (a) Proportionately adjust any or all of: (i) the number and type of
Shares (or other securities) that thereafter may be made the subject of Awards
(including the specific maximums and numbers of Shares set forth elsewhere in
the Plan); (ii) the number, amount and type of Shares (or other securities or
property) subject to any or all outstanding Awards; (iii) the grant, purchase,
or exercise price of any or all outstanding Awards; (iv) the securities, cash or
other property deliverable upon exercise of any outstanding Awards or (v) the
performance standards appropriate to any outstanding Awards.

          (b) In the case of an extraordinary dividend or other distribution,
recapitalization, reclassification, merger, reorganization, consolidation,
combination, sale of assets, split up, exchange, or spin off, make provision
for: (i) a cash payment; (ii) the substitution or exchange of any or all
outstanding Awards; (iii) the cash, securities or property deliverable to the
holder of any or all outstanding Awards based upon the distribution or
consideration payable with respect to Shares upon or in respect of such event;
(iv) all vested Options and Stock Appreciation Rights to be exercised by a date
certain in connection with such event at which time these stock rights (whether
or not then vested) shall terminate, provided Participants are provided advance
written notice; or (v) a combination of the foregoing, which may vary among
Participants.

The Committee shall value Awards as it deems reasonable in the event of a cash
settlement and, in the case of Options, Stock Appreciation Rights or similar
stock rights, may base such

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settlement solely upon the excess if any of the per Share amount payable upon or
in respect of such event over the exercise price of the Award. The Committee's
determination with respect to any adjustments under this Section 2.4 shall be
final and conclusive. The Committee may act under this Section 2.4 at any time
to the extent that the Committee deems such action necessary to permit a
Participant to realize the benefits intended to be conveyed with respect to the
underlying Shares in the same manner as is or will be available to stockholders
generally. In the case of any stock split or reverse stock split, if no action
is taken by the Committee, the proportionate adjustments contemplated by Section
2.4(a) above shall nevertheless be made.

                                    ARTICLE 3
                               Plan Administration

     3.1 Administrator. The Plan shall be administered by the Committee.

     3.2 Powers of the Committee. Subject to the provisions of the Plan,
Applicable Laws, and the specific duties delegated by the Board to the
Committee, the Committee shall have the authority in its discretion: (a) to
determine the Fair Market Value; (b) to select the Service Providers to whom
Awards may be granted hereunder and the types of Awards to be granted to each;
(c) to determine the number of Shares to be covered by each Award granted
hereunder; (d) to determine whether, to what extent, and under what
circumstances an Award may be settled in cash, Shares, other securities, other
Awards, or other property; (e) to approve forms of Award Agreements; (f) to
determine, in a manner consistent with the terms of the Plan, the terms and
conditions of any Award granted hereunder, based on such factors as the
Committee, in its sole discretion, shall determine; (g) to construe and
interpret the terms of the Plan and Award Agreements; (h) to correct any defect,
supply any omission, or reconcile any inconsistency in the Plan or any Award
Agreement in the manner and to the extent it shall deem desirable to carry out
the purposes of the Plan; (i) to prescribe, amend, and rescind rules and
regulations relating to the Plan, including rules and regulations relating to
sub-plans established pursuant to Section 12.1 of the Plan; (j) to authorize
withholding arrangements pursuant to Section 10.7(b) of the Plan; (k) to
authorize any person to execute on behalf of the Company any instrument required
to effect the grant of an Award previously granted by the Committee; (l) to
accelerate the vesting of an Award; and (m) to make all other determinations and
take all other action described in the Plan or as the Committee otherwise deems
necessary or advisable for administering the Plan and effectuating its purposes.

     3.3 Compliance with Applicable Laws. The Committee shall administer,
construe, interpret, and exercise discretion under the Plan and each Award
Agreement in a manner that is consistent and in compliance with a reasonable,
good faith interpretation of all Applicable Laws, and that avoids (to the extent
practicable) the classification of any Award as "deferred compensation" for
purposes of Section 409A of the Code, or that otherwise takes into account the
requirements of such Section 409A, as determined by the Committee.
Notwithstanding the foregoing, the failure to satisfy the requirements of
Section 409A with respect to the grant of an Award under the Plan shall not
affect the validity of the action of the Committee otherwise duly authorized and
acting in the matter.

     3.4 Effect of Committee's Decision and Committee's Liability. The
Committee's decisions, determinations and interpretations shall be final and
binding on all Participants and

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any other holders of Awards. Neither the Committee nor any of its members
shall be liable for any act, omission, interpretation, construction, or
determination made in good faith in connection with the Plan or any Award
Agreement.

     3.5 Awards may be Granted Separately or Together. Subject to Section 3.3,
in the Committee's discretion, Awards may be granted alone or in addition to any
other Award or any award granted under another plan of the Company or an
Affiliate. Awards granted in addition to or in tandem with other awards may be
granted either at the same time or at different times.

                                    ARTICLE 4
                                     Vesting

     4.1 General. The vesting schedule or Period of Restriction for any Award
shall be specified in the Award Agreement. The criteria for vesting and for
removing restrictions on any Award may include: (i) performance of substantial
services for the Company for a specified period; (ii) achievement of one or more
Performance Objectives; or (iii) a combination of (i) and (ii), as determined by
the Committee.

     4.2 Period of Absence from Providing Substantial Services. Except as
provided under Section 4.4 below with respect to Disability, to the extent that
vesting or removal of restrictions is contingent on performance of substantial
services for a specified period, a leave of absence (whether paid or unpaid)
shall not count toward the required period of service unless the Award Agreement
specifically provides otherwise.

     4.3 Performance Objectives.

          (a) Possible Performance Objectives. Any Performance Objective shall
relate to the Service Provider's performance for the Company (or an Affiliate)
or the Company's (or Affiliate's) business activities or organizational goals,
and shall be sufficiently specific with respect to both the type and timing of
performance that a third party having knowledge of the relevant facts could
determine whether the Performance Objective is achieved. In establishing
Performance Objectives for any Award, the Committee shall consider whether such
Performance Objectives shall meet the requirements for "qualified
performance-based compensation" under Section 162(m) of the Code. The
Performance Objectives with respect to any Award may be one or more of the
following General Financial and/or Operational Objectives, as established by the
Committee in its sole discretion:

                    (i)  General Financial Objectives:

     -    Increasing the Company's net sales

     -    Achieving a target level of earnings (including gross earnings;
          earnings before certain deductions, such as interest, taxes,
          depreciation, or amortization; or earnings per Share)

     -    Achieving a target level of income (including net income or income
          before consideration of certain factors, such as overhead) or a target
          level of gross profits for the Company, an Affiliate, or a business
          unit

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     -    Achieving a target return on the Company's (or an Affiliate's)
          capital, assets, or stockholders' equity

     -    Maintaining or achieving a target level of appreciation in the price
          of the Shares

     -    Increasing the Company's (or an Affiliate's) market share to a
          specified target level

     -    Achieving or maintaining a Share price that meets or exceeds the
          performance of specified stock market indices or other benchmarks over
          a specified period

     -    Achieving a level of Share price, earnings, or income performance that
          meets or exceeds performance in comparable areas of peer companies
          over a specified period

     -    Achieving specified reductions in costs

     -    Achieving specified improvements in collection of outstanding accounts
          or specified reductions in non-performing debts

                    (ii) Operational Objectives:

     -    Expanding one or more products into one or more new markets

     -    Acquiring a prescribed number of new customers in a line of business

     -    Achieving a prescribed level of productivity within a business unit

     -    Completing specified projects within or below the applicable budget

     -    Completing acquisitions of other businesses

     -    Expanding into other markets

          (b) Committee Certification. Prior to settlement of any Award that is
contingent on achievement of one or more Performance Objectives, the Committee
shall certify in writing that the applicable Performance Objective(s) and any
other material terms of the Award were in fact satisfied. For purposes of this
Section 4.3(b), approved minutes of the Committee shall be adequate written
certification.

          (c) Negative Discretion. The Committee may reduce, but may not
increase, the number of Shares deliverable or the amount payable under any Award
after the applicable Performance Objectives are satisfied.

     4.4 Effect of Termination of Service for Death or Disability on Vesting.
Except as provided to the contrary in an Award Agreement, in the event that the
Participant's Termination of Service is the result of death or Disability, a
pro-rata portion of the Award that would have vested had the Participant not
died or become Disabled, as applicable, as of the next following vesting date
shall vest, with such pro-rata number to be calculated using a fraction, the
numerator of which is the number of days the Participant remained a Service
Provider since the immediately preceding vesting date, and the denominator of
which is the total number of days between the immediately preceding vesting date
and the next following vesting date.

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                                    ARTICLE 5
                                  Stock Options

     5.1 Terms of Option. Subject to the provisions of the Plan, the type of
Option, term, exercise price, vesting schedule, and other conditions and
limitations applicable to each Option shall be as determined by the Committee
and shall be stated in the Award Agreement.

     5.2 Type of Option.

          (a) Each Option shall be designated in the Award Agreement as either
an Incentive Stock Option or a Non-Qualified Stock Option.

          (b) Neither the Company nor the Committee shall have liability to a
Participant or any other party if an Option (or any part thereof) which is
intended to be an Incentive Stock Option does not qualify as an Incentive Stock
Option. In addition, the Committee may make an adjustment or substitution
described in Section 2.4 of the Plan that causes the Option to cease to qualify
as an Incentive Stock Option without the consent of the affected Participant or
any other party.

     5.3 Limitations.

          (a) Maximum Term. No Option shall have a term in excess of 10 years
measured from the date the Option is granted. In the case of any Incentive Stock
Option granted to a 10% Stockholder (as defined in Section 5.3(e), below), the
term of such Incentive Stock Option shall not exceed five years measured from
the date the Option is granted.

          (b) Minimum Exercise Price. Subject to Section 2.4 of the Plan, the
exercise price per Share of an Option shall not be less than 100% of the Fair
Market Value per Share on the date the Option is granted. In the case of any
Incentive Stock Option granted to a 10% Stockholder (as defined in Section
5.3(e), below), subject to Section 2.4 of the Plan, the exercise price per Share
of such Incentive Stock Option shall not be less than 110% of the Fair Market
Value per Share on the date the Option is granted.

          (c) Repricing Prohibited. Except as provided in Section 2.4, the
Committee shall not amend any outstanding Option to reduce its exercise price.

          (d) $100,000 Limit for Incentive Stock Options. Notwithstanding an
Option's designation, to the extent that Incentive Stock Options are exercisable
for the first time by the Participant during any calendar year with respect to
Shares whose aggregate Fair Market Value exceeds $100,000 (regardless of whether
such Incentive Stock Options were granted under the Plan, or any other plan of
the Company or any Affiliate), such Options shall be treated as Non-Qualified
Options. For purposes of this Section 5.3(d), Fair Market Value shall be
measured as of the date the Option was granted and Incentive Stock Options shall
be taken into account in the order in which they were granted consistent with
Applicable Laws.

          (e) 10% Stockholder. For purposes of this Section 5.3, a "10%
Stockholder" is an individual who, immediately before the date an Award is
granted, owns (or is treated as

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owning) stock possessing more than 10% of the total combined voting power of all
classes of stock of the Company (or an Affiliate), determined under Section
424(d) of the Code.

          (f) Number of Shares. The Number of Shares subject to an Option shall
be fixed on the original date of the grant.

          (g) No Deferral Feature. Except as permitted under Section 409A of the
Code, an Option shall not contain any feature for the deferral of compensation
(other than the deferral of recognition of income until the exercise of the
Option).

     5.4 Form of Consideration. The Committee shall determine the acceptable
form of consideration for exercising an Option, including the method of payment
at the time of grant. To the extent approved by the Committee, the consideration
for exercise of an Option may be paid in any one, or any combination, of the
forms of consideration set forth in subsections (a), (b), (c), and (d) below.

          (a) Cash Equivalent. Consideration may be paid by cash, check, or
other cash equivalent approved by the Committee.

          (b) Tender or Attestation of Shares. Consideration may be paid by the
tendering of other Shares to the Company or the attestation to the ownership of
the Shares that otherwise would be tendered to the Company in exchange for the
Company's reducing the number of Shares issuable upon the exercise of the
Option. Shares tendered or attested to in exchange for Shares issued under the
Plan must be held by the Service Provider for at least six months prior to their
tender or their attestation to the Company and may not be Shares of Restricted
Stock at the time they are tendered or attested to. The Committee shall
determine acceptable methods for tendering or attesting to Shares to exercise an
Option under the Plan and may impose such limitations and prohibitions on the
use of Shares to exercise Options as it deems appropriate. For purposes of
determining the amount of the Option price satisfied by tendering or attesting
to Shares, such Shares shall be valued at their Fair Market Value on the date of
tender or attestation, as applicable.

          (c) Broker-Assisted Cashless Exercise. Subject to the Committee's
approval, consideration may be paid by the Participant's: (i) irrevocable
instructions to the Company to deliver the Shares issuable upon exercise of the
Option promptly to a broker (acceptable to the Company) for the Participant's
account; and (ii) irrevocable instructions to the broker to sell Shares
sufficient to pay the exercise price and upon such sale to deliver the exercise
price to the Company. A Participant may use this form of exercise only if the
exercise would not subject the Participant to liability under Section 16(b) of
the Exchange Act or would be exempt pursuant to Rule 16b-3 promulgated under the
Exchange Act or any other exemption from such liability. The Company shall
deliver an acknowledgement to the broker upon receipt of instructions to deliver
the Shares, and the Company shall deliver the Shares to such broker upon the
settlement date. Upon receipt of the Shares from the Company, the broker shall
deliver to the Company cash sale proceeds sufficient to cover the exercise price
and any applicable withholding taxes due. Shares acquired by a cashless exercise
shall be deemed to have a Fair Market Value on the Option exercise date equal to
the gross sales price at which the broker sold the Shares to pay the exercise
price.

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          (d) Other Methods. Consideration may be paid using such other methods
of payment as the Committee, at its discretion, deems appropriate from time to
time.

     5.5 Exercise of Option.

          (a) Procedure for Exercise. Any Option granted hereunder shall be
exercisable according to the terms of the Plan and at such times and under such
conditions as set forth in the Award Agreement. An Option shall be deemed
exercised when the Committee receives: (i) written or electronic notice of
exercise from the person entitled to exercise the Option; and (ii) full payment
for the Shares (in a form permitted under Section 5.4 of the Plan) with respect
to which the Option is exercised.

          (b) Termination of Relationship as a Service Provider. Except as
otherwise provided in the Award Agreement, in the event of Termination of
Service before exercise of an Option, the following rules shall apply:

                    (i) If the Participant's Termination of Service is for
Cause, no portion of the Option may be exercised, and the Option will
immediately expire upon the Termination of Service;

                    (ii) An Option may be exercised after the Participant's
Termination of Service only to the extent that the Option was vested as of the
Termination of Service;

                    (iii) An Option may not be exercised after the expiration of
the term of such Option as set forth in the Award Agreement;

                    (iv) Unless a Participant's Termination of Service is the
result of the Participant's death or Disability, the Participant may not
exercise the vested portion of an Option more than three months after such
Termination of Service;

                    (v) If a Participant's Termination of Service is the result
of the Participant's death or Disability, the Participant may exercise the
vested portion of an Option up to 12 months after Termination of Service; and

                    (vi) After the Participant's death, his Beneficiary may
exercise an Option only to the extent that the deceased Participant was entitled
to exercise such Incentive Stock Option as of the date of his death.

If the Committee determines, subsequent to a Participant's Termination of
Service but before exercise of an Option, that either before or after the
Participant's Termination of Service the Participant engaged in conduct that
constitutes "Cause," then the Participant's right to exercise any Option is
forfeited immediately.

          (c) Rights as a Stockholder. Shares subject to an Option shall be
deemed issued, and the Participant shall be deemed the record holder of such
Shares, on the Option exercise date. Until such Option exercise date, no right
to vote or receive dividends or any other rights as a stockholder shall exist
with respect to the Shares subject to the Option. In the event

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that the Company effects a split of the Shares by means of a stock dividend and
the exercise price of, and number of Shares subject to, an Option are adjusted
as of the date of distribution of the dividend (rather than as of the record
date for such dividend), then a Participant who exercises such Option between
the record date and the distribution date for such stock dividend shall be
entitled to receive, on the distribution date, the stock dividend with respect
to the Shares subject to the Option. No other adjustment shall be made for a
dividend or other right for which the record date is prior to the date the
Shares are issued.

          (d) Notice of Disqualifying Disposition. If an Option is designated as
an Incentive Stock Option, the Participant must give prompt notice to the
Company of any disposition or other transfer of any Shares acquired under the
Award Agreement if such disposition or transfer is made (a) within two years
from the date of grant with respect to such Shares or (b) within one year after
the transfer of such Shares to the Participant. The notice must specify the date
of disposition or other transfer and the amount realized, in cash, other
property, assumption of indebtedness or other consideration, by the Participant
in such disposition or other transfer.

     5.6 Repurchase Rights. The Committee shall have the discretion to grant
Options which are exercisable for unvested Shares. If the Participant ceases to
be a Service Provider while holding such unvested Shares, the Company shall have
the right to repurchase any or all of those unvested Shares at a price per Share
equal to the lower of: (i) the exercise price paid per Share; or (ii) the Fair
Market Value per Share at the time of repurchase. The terms upon which such
repurchase right shall be exercisable by the Committee (including the period and
procedure for exercise and the appropriate vesting schedule for the purchased
Shares) shall be established by the Committee and set forth in the document
evidencing such repurchase right.

                                    ARTICLE 6
                            Stock Appreciation Rights

     6.1 Terms of Stock Appreciation Right. The term, base amount, vesting
schedule, and other conditions and limitations applicable to each Stock
Appreciation Right shall be as determined by the Committee and shall be stated
in the Award Agreement. The following terms shall apply to all Stock
Appreciation Rights:

          (a) Compensation payable upon exercise of any Stock Appreciation Right
shall not be greater than the difference between the Fair Market Value of the
Shares on the date of grant of the Stock Appreciation Right over the Fair Market
Value of such Shares on the date the Stock Appreciation Right is exercised.

          (b) The exercise price of a Stock Appreciation Right shall never be
less than the Fair Market Value of the underlying Shares on the date of grant.

          (c) The number of Shares granted as a Stock Appreciation Right shall
be fixed at grant.

          (d) Except as permitted by Section 409A of the Code, a Stock
Appreciation Right shall not contain any feature for the deferral of
compensation (other than the deferral of the recognition of income until the
exercise of the Stock Appreciation Right).

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          (e) Expect as otherwise provided by the Committee, all Awards of Stock
Appreciation Rights shall be settled in Shares issuable upon the exercise of the
Stock Appreciation Right.

     6.2 Exercise of Stock Appreciation Right.

          (a) Procedure for Exercise. Any Stock Appreciation Right granted
hereunder shall be exercisable according to the terms of the Plan and at such
times and under such conditions as set forth in the Award Agreement. A Stock
Appreciation Right shall be deemed exercised when the Committee receives written
or electronic notice of exercise (in accordance with the Award Agreement) from
the person entitled to exercise the Stock Appreciation Right.

          (b) Termination of Relationship as a Service Provider. Following a
Participant's Termination of Service, the Participant (or the Participant's
Beneficiary, in the case of Termination of Service due to death) may exercise
his or her Stock Appreciation Right within such period of time as is specified
in the Award Agreement to the extent that the Stock Appreciation Right is vested
as of the Termination of Service. In the absence of a specified time in the
Award Agreement, the Stock Appreciation Right shall remain exercisable for three
months following the Participant's Termination of Service for any reason other
than Disability or death, and for 12 months after the Participant's Termination
of Service on account of Disability or death. However, if the Participant's
Termination of Service is for Cause, no portion of the Stock Appreciation Right
may be exercised, and the Stock Appreciation Right will immediately expire upon
the Termination of Service. If the Committee determines, subsequent to a
Participant's Termination of Service but before exercise of a Stock Appreciation
Right, that either before or after the Participant's Termination of Service the
Participant engaged in conduct that constitutes "Cause," then the Participant's
right to exercise any Stock Appreciation Right is forfeited immediately.

          (c) Rights as a Stockholder. Shares subject to a Stock Appreciation
Right shall be deemed issued, and the Participant shall be deemed the record
holder of such Shares, on the date the Stock Appreciation Right is exercised.
Until such date, no right to vote or receive dividends or any other rights as a
stockholder shall exist with respect to the Shares subject to the Stock
Appreciation Right. If the Company effects a split of the Shares by means of a
stock dividend and the exercise price of, and number of Shares subject to, a
Stock Appreciation Right are adjusted as of the date of distribution of the
dividend (rather than as of the record date for such dividend), then a
Participant who exercises such Stock Appreciation Right between the record date
and the distribution date for such stock dividend shall be entitled to receive,
on the distribution date, the stock dividend with respect to the Shares subject
to the Stock Appreciation Right. No other adjustment shall be made for a
dividend or other right for which the record date is prior to the date the
Shares are issued.

                                    ARTICLE 7
                                Restricted Stock

     7.1 Terms of Restricted Stock. Subject to the provisions of the Plan, the
Period of Restriction, the number of Shares granted, and other conditions and
limitations applicable to each Award of Restricted Stock shall be as determined
by the Committee and shall be stated in

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the Award Agreement. Unless the Committee determines otherwise, Shares of
Restricted Stock shall be held by the Company as escrow agent until the
restrictions on such Shares have lapsed.

     7.2 Transferability. Except as provided in this Article 7, Shares of
Restricted Stock may not be sold, transferred, pledged, assigned, or otherwise
alienated or hypothecated until the end of the applicable Period of Restriction.

     7.3 Other Restrictions. The Committee, in its sole discretion, may impose
such other restrictions on Shares of Restricted Stock as it may deem advisable
or appropriate.

     7.4 Removal of Restrictions. Except as otherwise provided in this Article
7, and subject to Section 10.5 of the Plan, Shares of Restricted Stock covered
by an Award of Restricted Stock made under the Plan shall be released from
escrow, and shall become fully transferable, as soon as practicable after the
Period of Restriction ends, and in any event no later than 2 1/2 months after
the end of the Tax Year in which the Period of Restriction ends.

     7.5 Voting Rights. During the Period of Restriction, Service Providers
holding Shares of Restricted Stock granted hereunder may exercise full voting
rights with respect to those Shares, unless otherwise provided in the Award
Agreement.

     7.6 Dividends and Other Distributions. During the Period of Restriction,
Service Providers holding Shares of Restricted Stock shall be entitled to
receive all dividends and other distributions paid with respect to such Shares
unless otherwise provided in the Award Agreement.

          (a) If any such dividends or distributions are paid in Shares, the
Shares shall be subject to the same restrictions (and shall therefore be
forfeitable to the same extent) as the Shares of Restricted Stock with respect
to which they were paid.

          (b) If any such dividends or distributions are paid in cash, the Award
Agreement may specify that the cash payments shall be subject to the same
restrictions as the related Restricted Stock, in which case they shall be
accumulated during the Period of Restriction and paid or forfeited when the
related Shares of Restricted Stock vest or are forfeited. Alternatively, the
Award Agreement may specify that the dividend equivalents or other payments
shall be unrestricted, in which case they shall be paid as soon as practicable
after the dividend or distribution date. In no event shall any cash dividend or
distribution be paid later than 2 1/2 months after the Tax Year in which the
dividend or distribution becomes nonforfeitable.

     7.7 Right of Repurchase of Restricted Stock. If, with respect to any Award
of Restricted Stock, (a) a Participant's Termination of Service occurs before
the end of the Period of Restriction, (b) any Performance Objectives are not
achieved by the end of the period for measuring such Performance Objectives or
(c) the Participant has engaged in conduct either before or after Termination of
Service that constitutes Cause, then the Company shall have the right to
repurchase forfeitable Shares of Restricted Stock from the Participant at their
original issuance price, provided such original issuance price is less than the
then Fair Market Value of the Shares (or to require forfeiture of such Shares if
issued at no cost).

                                      -11-

<PAGE>

                                    ARTICLE 8
                             Restricted Stock Units

     8.1 Terms of Restricted Stock Units. Subject to the provisions of the Plan,
the Period of Restriction, number of underlying Shares, and other conditions and
limitations applicable to each Award of Restricted Stock Units shall be as
determined by the Committee and shall be stated in the Award Agreement.

     8.2 No Acceleration. Except as permitted under Section 409A of the Code, no
acceleration of the time and schedule of any payment of Restricted Stock Units
shall be permitted.

     8.3 Settlement of Restricted Stock Units. Subject to Section 10.5 of the
Plan, the number of Shares specified in the Award Agreement, or cash equal to
the Fair Market Value of the underlying Shares specified in the Award Agreement,
shall be delivered to the Participant as soon as practicable after the end of
the applicable Period of Restriction, and in any event no later than 2 1/2
months after the end of the Tax Year in which the Period of Restriction ends.

     8.4 Dividend and Other Distribution Equivalents. The Committee is
authorized to grant to holders of Restricted Stock Units the right to receive
payments equivalent to dividends or other distributions with respect to Shares
underlying Awards of Restricted Stock Units. The Award Agreement may specify
that the dividend equivalents or other distributions shall be subject to the
same restrictions as the related Restricted Stock Units, in which case they
shall be accumulated during the Period of Restriction and paid or forfeited when
the related Restricted Stock Units are paid or forfeited. Alternatively, the
Award Agreement may specify that the dividend equivalents or other distributions
shall be unrestricted, in which case they shall be paid on the dividend or
distribution payment date for the underlying Shares, or as soon as practicable
thereafter. In no event shall any unrestricted dividend equivalent or other
distribution be paid later than 2 1/2 months after the Tax Year in which the
record date for the dividend or distribution occurs.

     8.5 Deferral Election. Notwithstanding anything to the contrary in Sections
8.2 or 8.3, a Participant may elect in accordance with the terms of the Award
Agreement and Section 409A of the Code to defer receipt of all or any portion of
the Shares or other property otherwise issuable to the Participant pursuant to a
Restricted Stock Unit Award to the extent permitted by the Committee.

     8.6 Forfeiture. If, with respect to any Award of Restricted Stock Units,
(a) a Participant's Termination of Service occurs before the end of the Period
of Restriction, (b) any Performance Objectives are not achieved by the end of
the period for measuring such Performance Objectives or (c) the Participant has
engaged in conduct either before or after Termination of Service that
constitutes Cause, then the Restricted Stock Units granted pursuant to such
Award shall be forfeited and the Company (and any Affiliate) shall have no
further obligation.

                                      -12-

<PAGE>

                                    ARTICLE 9
                            Other Equity-Based Awards

     9.1 Other Equity-Based Awards. The Committee shall have the right to grant
other Awards based upon or payable in Shares having such terms and conditions as
the Committee may determine, including deferred stock units, the grant of Shares
upon the achievement of a Performance Objective and the grant of securities
convertible into Shares.

                                   ARTICLE 10
                           Additional Terms of Awards

     10.1 No Rights to Awards. No Service Provider shall have any claim to be
granted any Award under the Plan, and the Company is not obligated to extend
uniform treatment to Participants or Beneficiaries under the Plan. The terms and
conditions of Awards need not be the same with respect to each Participant.

     10.2 No Effect on Employment or Service. Neither the Plan nor any Award
shall confer upon a Participant any right with respect to continuing the
Participant's relationship as a Service Provider with the Company; nor shall
they interfere in any way with the Participant's right or the Company's right to
terminate such relationship at any time, with or without Cause, to the extent
permitted by Applicable Laws and any enforceable agreement between the Service
Provider and the Company.

     10.3 No Fractional Shares. No fractional Shares shall be issued or
delivered pursuant to the Plan or any Award, and the Committee shall determine
whether cash, other securities, or other property shall be paid or transferred
in lieu of any fractional Shares, or whether such fractional Shares or any
rights thereto shall be canceled, terminated, or otherwise eliminated.

     10.4 Transferability of Awards. An Award may not be sold, pledged,
assigned, hypothecated, transferred, or disposed of in any manner other than by
will or by the laws of descent or distribution and may be exercised, during the
lifetime of the Participant, only by the Participant; provided, however, that
Awards, other than Incentive Stock Options, may provide that, subject to the
approval of the Committee, such Awards may be transferable to members of the
immediate family of the Participant and to one or more trusts for the benefit of
such family members, partnerships in which such family members are the only
partners, or corporations in which such family members are the only
stockholders. "Members of the immediate family" means the Participant's spouse,
children, stepchildren, grandchildren, parents, grandparents, siblings
(including half brothers and sisters), and individuals who are family members by
adoption. To the extent that any Award is transferable, such Award shall contain
such additional terms and conditions as the Committee deems appropriate.

     10.5 Conditions On Delivery of Shares and Lapsing of Restrictions. The
Company shall not be obligated to deliver any Shares pursuant to the Plan or to
remove restrictions from Shares previously delivered under the Plan until (a)
all conditions of the Award have been met or removed to the satisfaction of the
Committee, (b) subject to approval of the Company's counsel, all other legal
matters (including any Applicable Laws) in connection with the issuance and
delivery of such Shares have been satisfied, and (c) the Participant has
executed and delivered to

                                      -13-

<PAGE>

the Company such representations or agreements as the Committee may consider
appropriate to satisfy the requirements of Applicable Laws.

     10.6 Inability to Obtain Authority. The inability of the Company to obtain
authority from any regulatory body having jurisdiction, which authority is
deemed by the Company's counsel to be necessary to the lawful issuance or sale
of any Shares hereunder, shall relieve the Company of any liability in respect
of the failure to issue or sell such Shares as to which such requisite authority
shall not have been obtained.

     10.7 Withholding.

          (a) Withholding Requirements. Prior to the delivery of any Shares or
cash pursuant to the grant, exercise, vesting, or settlement of an Award, the
Company shall have the power and the right to deduct or withhold, or to require
a Participant or Beneficiary to remit to the Company, an amount sufficient to
satisfy any federal, state, and local taxes (including the Participant's FICA
obligation) that the Company determines is required to be withheld to comply
with Applicable Laws. The Participant or Beneficiary shall remain responsible at
all times for paying any federal, state, and local income or employment tax due
with respect to any Award, and the Company shall not be liable for any interest
or penalty that a Participant or Beneficiary incurs by failing to make timely
payments of tax.

          (b) Withholding Arrangements. The Committee, in its sole discretion
and pursuant to such procedures as it may specify from time to time, may permit
a Participant or Beneficiary to satisfy such tax withholding obligation, in
whole or in part, by: (i) electing to have the Company withhold otherwise
deliverable Shares; or (ii) delivering to the Company already-owned Shares
having a Fair Market Value equal to the amount required, in the sole discretion
of the Company, by Applicable Laws to be withheld. The Fair Market Value of the
Shares to be withheld or delivered, or with respect to which restrictions are
removed, shall be determined as of the date that the taxes are required to be
withheld.

     10.8 Other Provisions in Award Agreements. In addition to the provisions
described in the Plan, any Award Agreement may include such other provisions
(whether or not applicable to the Award of any other Participant) as the
Committee determines appropriate, including without limitation restrictions on
resale or other disposition such as rights of first refusal and call options,
provisions for lock-up agreements, provisions for the acceleration of vesting
and/or exercisability of Awards upon a Change of Control and provisions to
comply with Applicable Laws.

     10.9 Section 16 of the Exchange Act. It is the intent of the Company that
Awards and transactions permitted by Awards be interpreted in a manner that, in
the case of Participants who are or may be subject to Section 16 of the Exchange
Act after the Company becomes a reporting Company under the Exchange Act,
qualify, to the maximum extent compatible with the express terms of the Awards,
for exemption from matching liability under Rule 16b-3 promulgated under the
Exchange Act. The Company shall have no liability to any Participant or other
person for Section 16 consequences of Awards or events in connection with Awards
if an Award or related event does not so qualify.

                                      -14-

<PAGE>

     10.10 Not Benefit Plan Compensation. Payments and other benefits received
by a Participant under an Award made pursuant to the Plan shall not be deemed a
part of a Participant's compensation for purposes of determining the
Participant's benefits under any other employee benefit plans or arrangements
provided by the Company or an Affiliate, except where the Committee expressly
provides otherwise in writing.

                                   ARTICLE 11
                    Term, Amendment, and Termination of Plan

     11.1 Term of Plan. The Plan shall become effective on the Effective Date.

     11.2 Termination. The Plan shall terminate upon the earliest to occur of:
(i) April 24, 2016; (ii) the date on which all Shares available for issuance
under the Plan have been issued as fully vested Shares; or (iii) the date
determined by the Board pursuant to its authority under Section 11.3 of the
Plan.

     11.3 Amendment. The Board or the Committee may at any time amend, alter,
suspend, or terminate the Plan, without the consent of the Participants or
Beneficiaries. The Company shall obtain stockholder approval of any Plan
amendment to the extent necessary to comply with Applicable Laws.

     11.4 Effect of Amendment or Termination. Except as provided in Section 11.5
of the Plan, no amendment, alteration, suspension, or termination of the Plan
shall impair the rights of any Participant or Beneficiary under an outstanding
Award, unless required to comply with an Applicable Law or mutually agreed
otherwise between the Participant and the Committee; any such agreement must be
in writing and signed by the Participant and the Company. Termination of the
Plan shall not affect the Committee's ability to exercise the powers granted to
it hereunder with respect to Awards granted under the Plan prior to the date of
such termination.

     11.5 Adjustments of Awards Upon the Occurrence of Unusual or Nonrecurring
Events. The Committee may, in its sole discretion (but subject to the
limitations and conditions expressly stated in the Plan, such as the limitations
on adjustment of Performance Objectives), adjust the terms and conditions of
Awards during the pendency or in recognition of (a) unusual or nonrecurring
events affecting the Company or an Affiliate (such as a capital adjustment,
reorganization, or merger) or the financial statements of the Company or an
Affiliate, or (b) any changes in Applicable Laws or accounting principles. By
way of example, the power to adjust Awards shall include the power to suspend
the exercise of any Option or Stock Appreciation Right.

                                   ARTICLE 12
                                  Miscellaneous

     12.1 Authorization of Sub-Plans. The Committee may from time to time
establish one or more sub-plans under the Plan for purposes of satisfying
applicable blue sky, securities, and/or tax laws of various jurisdictions. The
Committee shall establish such sub-plans by adopting supplements to the Plan
containing: (i) such limitations as the Committee deems necessary or desirable;
and (ii) such additional terms and conditions not otherwise inconsistent with
the Plan as the Committee shall deem necessary or desirable. All sub-plans
adopted by the Committee

                                      -15-

<PAGE>

shall be deemed to be part of the Plan, but each sub-plan shall apply only to
Participants within the affected jurisdiction and the Company shall not be
required to provide copies of any sub-plans to Participants in any jurisdiction
which is not the subject of such sub-plan.

     12.2 Governing Law. The provisions of the Plan and all Awards made
hereunder shall be governed by and interpreted in accordance with the laws of
the State of Delaware, regardless of the laws that might otherwise govern under
any state's applicable principles of conflicts of laws.

     12.3 Committee Manner of Action. Unless otherwise provided in the bylaws of
the Company or the charter of the Committee: (a) a majority of the members of a
Committee shall constitute a quorum, and (b) the vote of a majority of the
members present who are qualified to act on a question assuming the presence of
a quorum or the unanimous written consent of the members of the Committee shall
constitute action by the Committee. The Committee may delegate the performance
of ministerial functions in connection with the Plan to such person or persons
as the Committee may select.

     12.4 Expenses. The costs of administering the Plan shall be paid by the
Company.

     12.5 Severability. If any provision of the Plan or any Award Agreement is
determined by a court of competent jurisdiction to be invalid, illegal, or
unenforceable in any jurisdiction, or as to any person or Award, such provision
shall be construed or deemed to be amended to resolve the applicable infirmity,
unless the Committee determines that it cannot be so construed or deemed amended
without materially altering the Plan or the Award, in which case such provision
shall be stricken as to such jurisdiction, person, or Award, and the remainder
of the Plan and any such Award shall remain in full force and effect.

     12.6 Construction. Unless the contrary is clearly indicated by the context,
(a) the use of the masculine gender shall also include within its meaning the
feminine and vice versa; (b) the use of the singular shall also include within
its meaning the plural and vice versa; and (c) the word "include" shall mean to
include, but not to be limited to.

     12.7 No Trust or Fund Created. Neither the Plan nor any Award Agreement
shall create or be construed to create a trust or separate fund of any kind or a
fiduciary relationship between the Company (or an Affiliate) and a Participant
or any other person. To the extent that any person acquires a right to receive
payments from the Company (or an Affiliate) pursuant to an Award, such right
shall be no more secure than the right of any unsecured general creditor of the
Company (or the Affiliate, as applicable).

     12.8 Headings. Headings are given to the sections and subsections of the
Plan solely as a convenience to facilitate reference. Such headings shall not be
deemed in any way material or relevant to the construction or interpretation of
the Plan or any provision thereof.

     12.9 Complete Statement of Plan. This document is a complete statement of
the Plan.

                                      -16-

<PAGE>

                                    APPENDIX

As used in the Plan, the following terms shall have the following meanings:

     "Affiliate" means, except for the definition of "Change of Control," an
entity in which the Company has a direct or indirect equity interest, whether
now or hereafter existing; provided however, that with respect to an Incentive
Stock Option, an Affiliate means a "parent corporation" (as defined in Section
424(e) of the Code) or a "subsidiary corporation" (as defined in Section 424(f)
of the Code) with respect to the Company, whether now or hereafter existing.

     "Applicable Laws" means the requirements relating to, connected with, or
otherwise implicated by the administration of long-term incentive plans under
applicable state corporation laws, United States federal and state securities
laws, the Code, any stock exchange or quotation system on which the Shares are
listed or quoted, and the applicable laws of any foreign country or jurisdiction
where Awards are, or will be, granted under the Plan.

     "Award" means, individually or collectively, a grant under the Plan of
Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, or
other equity-based awards.

     "Award Agreement" means a written agreement setting forth the terms and
provisions applicable to an Award granted under the Plan. Each Award Agreement
shall be subject to the terms and conditions of the Plan.

     "Beneficiary" means the personal representative of the Participant's estate
or the person(s) to whom an Award is transferred pursuant to the Participant's
will or in accordance with the laws of descent or distribution.

     "Board" means the board of directors of the Company.

     "Cause" as used in connection with the termination of a Participant's
services, means (1) with respect to any Participant employed under a written
employment agreement with the Company which agreement includes a definition of
"cause," "cause" as defined in that agreement or, if that agreement contains no
such definition, a material breach by the Participant of that agreement, or (2)
with respect to any other Participant, any of the following:

          (a) the failure of the Participant to perform any of his or her
     material duties to the Company, including, without limitation, breach of
     the Company's code of ethics, conflict of interest or employment policies;

          (b) the Participant's conviction (including any pleas of guilty or
     nolo contendre) of any felony or other crime that the Committee reasonably
     determines adversely impacts the Participant's ability to continue
     performing services with the Company;

          (c) any act or omission to act by the Participant (other than the
     Participant's resignation or retirement) which would reasonably be likely
     to have the effect of injuring the reputation, business or business
     relationships of the Company or impairing the Participant's ability to
     perform services for the Company;

          (d) acts of theft, embezzlement, fraud, dishonesty, misrepresentation
     or falsification of documents or records involving the Company;

<PAGE>

          (e) violation of any law or administrative regulation related to the
     Company's business;

          (f) and use of the Company's facilities or premises to conduct
     unlawful or unauthorized activities or transactions;

          (g) conduct that could result in publicity reflecting unfavorably on
     the Company in a material way;

          (h) the Participant's improper use of the Company's confidential or
     proprietary information; or

          (i) a breach of the terms of any employment agreement, confidentiality
     agreement, non-competition agreement and non-solicitation agreement or any
     other agreement between the Participant and the Company, after giving
     effect to the notification provisions, if any, and the mechanisms to remedy
     or cure a breach, if appropriate, as described in any such agreement.

The Committee shall determine whether conduct constituting "Cause" has occurred
for purposes of the Plan. For purposes of this definition, the term "Company"
includes any Affiliate of the Company and "Cause" is not limited to events that
have occurred before a Participant's Termination of Service, nor is it necessary
that the Committee's finding of "Cause" occur prior to Termination of Service.

     "Change in Control" means the first to occur of the following events:

          (i) the acquisition, after the date hereof, by an 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 fifty percent (50%) or more of the combined
     voting power of the Voting Securities of the Company then outstanding after
     giving effect to such acquisition; or

          (ii) the Company is merged or consolidated or reorganized into or with
     another corporation or other legal entity, and as a result of such merger,
     consolidation or reorganization less than a majority of the combined voting
     power of the Voting Securities of such corporation or entity immediately
     after such transaction is held in the aggregate by the holders of Voting
     Securities of the Company immediately prior to such merger, consolidation
     or reorganization; or

          (iii) the Company sells or otherwise transfers all or substantially
     all of its assets (including but not limited to its Affiliates) to another
     corporation or legal entity in one transaction or a series of related
     transactions, and as a result of such sale(s) or transfer(s), less than a
     majority of the combined voting power of the then outstanding Voting
     Securities of such corporation or entity immediately after such sale or
     transfer is held in the aggregate by the holders of Voting Securities of
     the Company immediately prior to such sale or transfer; or

                                      -18-

<PAGE>

          (iv) the approval by the Board or the stockholders of the Company of a
     complete or substantial liquidation or dissolution of the Company.

     Notwithstanding the foregoing, unless otherwise determined in a specific
     case by majority vote of the Board, a Change in Control shall not be deemed
     to have occurred hereunder solely because (i) the Company, (ii) an
     Affiliate, (iii) any one or more members of executive management of the
     Company or their Affiliates, (iv) any employee stock ownership plan or any
     other employee benefit plan of the Company or any Affiliate or (v) any
     combination of the persons referred to in the preceding clauses (i) through
     (iv) becomes the actual or beneficial owner (within the meaning of Rule
     13d-3 promulgated under the Exchange Act) of fifty percent (50%) or more of
     the Voting Securities of the Company or any successor thereto. In addition,
     under no circumstance shall a filing of a bankruptcy petition or the sale
     of assets in connection with a bankruptcy be considered to be a Change in
     Control.

     Solely for the purposes of this definition of "Change in Control,"
     "Affiliate" means, with respect to a person, another person that directly,
     or indirectly through one or more intermediaries, controls, or is
     controlled by, or is under common control with, such person.

     "Code" means the Internal Revenue Code of 1986, as amended. Any reference
to a section of the Code herein shall be a reference to any regulations or other
guidance of general applicability promulgated under such section, and shall
further be a reference to any successor or amended section of such section of
the Code that is so referred to and any regulations thereunder.

     "Committee" means the Compensation Committee of the Board.

     "Company" means WCI Steel, Inc., a Delaware corporation, or any successor
thereto.

     "Consultant" means any natural person, including an advisor, engaged by the
Company or an Affiliate to render services (other than in connection with the
offer or sale of securities in a capital raising transaction or to promote or
maintain a market for securities) to such entity.

     "Director" means a member of the Board.

     "Disability" means total and permanent disability as defined in Section
22(e)(3) of the Code. The Committee shall determine both whether Disability has
occurred and the date of its occurrence. If requested, a Participant shall be
examined by a physician selected or approved by the Committee.

     "Effective Date" means April 25, 2006; provided that the Plan and any
Awards granted hereunder shall be null and void if the Plan is not approved by
the Company's stockholders within twelve (12) months of the date the Plan is
approved by the Board.

     "Employee" means any person who is an employee, as defined in Section
3401(c) of the Code and treated as such on applicable payroll records, of the
Company or any Affiliate or any other entity the employees of which are
permitted to receive Incentive Stock Options under the Code. Neither service as
a Director nor payment of a director's fee by the Company shall be sufficient to
constitute "employment" by the Company.

     "Exchange Act" means the Securities Exchange Act of 1934, as amended.

                                      -19-

<PAGE>

     "Fair Market Value" means, with respect to Shares as of any date (except in
the case of a cashless exercise pursuant to Section 5.4(c)): (i) the average (on
that date) of the high and low price per Share on the principal national
securities exchange on which the Shares are traded, if the Shares are then
traded on a national securities exchange; (ii) if the Shares are traded on the
over-the-counter market, the last reported sale price (on that date) of such
Shares on the NASDAQ National Market; or (iii) if the Shares are not publicly
traded, the fair market value of the Shares as determined by the Board or the
Committee after taking into consideration all factors which it deems
appropriate, including, without limitation, recent sale and offer prices of the
Shares in private transactions negotiated at arm's length, revenues and
operating earnings of the Company for the most recent twelve-month period,
discounted positive cash flow of the Company, the nature and timing of any
product releases and product shipments, generation of significant orders, cash
flow from operations, consummation of relationships with strategic partners, the
book value of the Company's assets as recorded on the most recently prepared
balance sheet of the Company, the price/earnings multiples of comparable
publicly traded companies (and adjusted for any illiquidity associated with the
Shares). The Board or Committee's determination shall be conclusive as to the
Fair Market Value of the Shares.

     "Incentive Stock Option" means an Option intended to qualify as an
incentive stock option within the meaning of Section 422 of the Code.

     "Non-Qualified Stock Option" means an Option not intended to qualify as an
Incentive Stock Option.

     "Option" means an option to purchase Shares that is granted pursuant to
Article 5 of the Plan. An Option may be an Incentive Stock Option or a
Non-Qualified Option.

     "Participant" means the holder of an outstanding Award granted under the
Plan.

     "Performance Objective" means a performance objective or goal that must be
achieved before an Award, or a feature of an Award, becomes nonforfeitable, as
described in Section 4.3 of the Plan.

     "Period of Restriction" means the period during which Restricted Stock, the
remuneration underlying Restricted Stock Units, or any other feature of an Award
is subject to a substantial risk of forfeiture. A Period of Restriction shall be
deemed to end when the applicable Award ceases to be subject to a substantial
risk of forfeiture.

     "Plan" means this Amended and Restated 2006 Long-Term Incentive Plan.

     "Restricted Stock" means Shares that, during a Period of Restriction, are
subject to restrictions as described in Article 7 of the Plan.

     "Restricted Stock Unit" means an Award that entitles the recipient to
receive Shares or cash after a Period of Restriction, as described in Article 8
of the Plan.

     "Service Provider" means an Employee, Director, or Consultant.

     "Share" means a share of the Company's common stock, $0.0001 par value per
share.

     "Stock Appreciation Right" means an Award that entitles the recipient to
receive, upon exercise, the excess of: (i) the Fair Market Value of a Share on
the date the Award is exercised; or (ii) a base amount specified by the
Committee which shall not be less than the Fair Market Value of a Share on the
date the Award is granted, as described in Article 6 of the Plan.

                                      -20-

<PAGE>

     "Tax Year" means the Company's taxable year. If an Award is granted by an
Affiliate, such Affiliate's taxable year shall apply instead of the Company's
taxable year.

     "Termination of Service" means the date an individual ceases to be a
Service Provider in any capacity. Awards under the Plan shall not be affected by
the change of a Participant's status within or among the Company and any
Affiliates, so long as the Participant remains a Service Provider. Unless the
Committee or a Company policy provides otherwise, a leave of absence authorized
by the Company or the Committee (including sick leave or military leave) from
which return to service is not guaranteed by statute or contract shall be
characterized as a Termination of Service if the individual does not return to
service within three months; such Termination of Service shall be effective as
of the first day that is more than three months after the beginning of the
period of leave. If the ability to return to service upon the expiration of such
leave is guaranteed by statute or contract, but the individual does not return,
the leave shall be characterized as a Termination of Service as of a date
established by the Committee or Company policy. For purposes of the Plan and any
Award hereunder, if an entity ceases to be an Affiliate, Termination of Service
shall be deemed to have occurred with respect to each Participant in respect of
such Affiliate who does not continue as a Service Provider in respect of the
Company or another Affiliate after such giving effect to such Affiliate's change
in status.

     "Voting Securities" means, with respect to any person, any securities
entitled to vote (including by the execution of action by written consent)
generally in the election of directors of such person (together with direct or
indirect options or other rights to acquire any such securities).

                                      -21-<PAGE>

                                                                 EXHIBIT 10.9(a)

                           WCI STEEL ACQUISITION, INC.
                               1040 PINE AVENUE SE
                              WARREN, OH 44483-6528

                                                                  April 26, 2006

Patrick G. Tatom
77 Waterford Drive
S Russell, OH 44022

Re:  Deferred Compensation Agreement

Dear Mr. Tatom:

I am writing to you regarding the Net Worth Appreciation Participation Agreement
(the "Net Worth Agreement") you signed with WCI Steel, Inc., an Ohio corporation
("Old WCI"). This letter sets forth the terms and conditions upon which WCI
Steel Acquisition, Inc. (the "Company") and any successor thereto will pay to
you amounts that accrued under the Net Worth Agreement as of March 31, 2006. The
obligations under this Agreement will become effective upon the effective date
of the Noteholders' Modified Plan of Reorganization of Old WCI and upon your
becoming an employee of the Company.

1.   Deferred Amount

The amount of your benefit under this Agreement shall be equal to two million
one hundred eighty-five thousand eight hundred seven dollars ($2,185,807) (the
"Deferred Amount"). This Agreement makes no change in the amounts credited on
your behalf under the Net Worth Agreement as of March 31, 2006. No additional
amounts will be deferred on your behalf under this Agreement for any reason,
including, without limitation, interest or earnings on the Deferred Amount.

2.   Vesting

Subject to Section 4 below, you shall have a non-forfeitable interest in the
Deferred Amount at all times.

<PAGE>

3.   Payment Schedule

     (a) The Company shall pay your Deferred Amount in forty equal quarterly
installments, without interest, equal to fifty-four thousand six hundred
forty-five dollars and eighteen cents ($54,645.18) commencing three months after
the "Trigger Date" and at three month intervals thereafter (the "Payment Term").
The "Trigger Date" shall be the earlier of (i) your 62nd birthday, (ii) your
completion of twenty continuous years of service with Old WCI and the Company,
or (iii) your "disability" (as defined in Section 409A of the Internal Revenue
Code of 1986, as amended, and the Treasury Regulations and applicable Internal
Revenue Service guidance thereunder (the "Code")). The Company's Board of
Directors (the "Board") shall have full and final authority, which shall be
exercised in its discretion, to determine conclusively whether you have had a
"disability," and the date of "disability."

     (b) In the event of your death prior to the Trigger Date or in the event of
your death before the end of the Payment Term, the present value of the unpaid
balance of the Deferred Amount as of the date of your death shall be paid in a
lump sum within sixty (60) days after the date of death to the beneficiary or
beneficiaries which you designated in a written notice to the Company. The
present value of your Deferred Amount shall be calculated using the long-term
applicable federal rate under Section 1274(d) of the Code. If you have not
designated a beneficiary, such amount shall be paid to your estate. You may
revoke or amend your beneficiary designation from time to time by written notice
to the Company.

     (c) Neither the time nor form of payments under this Agreement may be
changed, including, without limitation, any acceleration of such payments,
except as may be permitted by the Board in its sole discretion in accordance
with Section 409A of the Code. Nothing in this Agreement shall prohibit the
Board from distributing your entire Deferred Amount to you in a single lump sum
payment in connection with a change of control (as defined in Section 409A of
the Code).

4.   Conditions on Payment

The Company's obligation to pay the compensation provided for under this
Agreement is expressly contingent upon your compliance with the following
provisions:

     (a) You agree to keep secret and inviolate all confidential information
about the business and affairs of the Company and Old WCI, including, without
limitation, business plans, product design and specifications, financial
engineering, and marketing information and information about costs,
manufacturing methods, names of suppliers and customers ("Confidential
Information") that shall have previously come or shall hereafter come into your
possession. If you disclose Confidential Information or if you use Confidential
Information for your own private benefit, or directly or indirectly for the
benefit of others, any payments that you were receiving under this Agreement
will immediately and automatically cease, and you will forfeit all of your
rights and benefits under this Agreement, including, but not limited to the
right to receive future payments.

     (b) If you directly or indirectly, whether as employee, consultant,
proprietor, partner, controlling shareholder, or in any other capacity engage in
operational, production, marketing,

                                       -2-

<PAGE>

sale, or financing activities of any entity involved in the production or sale
of flat rolled steel products that competes with the Company, or if you engage
in conduct constituting grounds for termination of your employment for "cause"
under an employment agreement between you and the Company, any payments that you
were receiving under this Agreement will immediately and automatically cease,
and you will forfeit all of your rights and benefits under this Agreement,
including, but not limited to the right to receive future payments. For purposes
of this provision, the term "Company" includes any affiliate of the Company and
"cause" is not limited to events that have occurred before your termination of
employment, nor is it necessary that the Board find "cause" prior to your
termination of employment.

     (c) You agree not to file a claim for benefits with respect to the Net
Worth Agreement under the Noteholders' Modified Plan of Reorganization of Old
WCI.

Your covenants in this Section 4 are essential elements of this Agreement. The
Company would not have entered into this Agreement or employed or continued your
employment without your agreement to comply with these covenants.

5.   Scope of Agreement

This Agreement replaces the Net Worth Agreement in its entirety. This Agreement
constitutes the entire understanding and agreement between you and the Company
with respect to the subject matter contained herein and supersedes any prior
agreements, understandings, restrictions, representations or warranties between
you and the Company or Old WCI with respect to such subject matter.

6.   Miscellaneous

     (a) This Agreement shall be interpreted, construed and administered in a
manner that satisfies the requirements of Section 409A of the Code.

     (b) The Company shall withhold all applicable income taxes and employment
taxes from the amounts distributed hereunder as may be required by law.

     (c) Your right to the Deferred Amount under this Agreement shall not be
assignable by you and shall not be subject to attachment, lien, levy, or other
creditors' rights under state or Federal law.

     (d) Benefits under this Agreement shall be payable from the general assets
of the Company or pursuant to such other means as the Company deems appropriate
and you shall not be entitled to look to any source for payment of such benefits
other than the general assets of the Company.

     (e) The Deferred Amount and any payments under this Agreement shall not
constitute compensation for the purposes of any benefit plan or agreement by the
Company unless expressly provided otherwise in such plan or agreement.

                                       -3-

<PAGE>

     (f) If any provision of this Agreement is held invalid or unenforceable by
any court of competent jurisdiction, the other provisions of this Agreement
shall remain in full force and effect. Any provision of this Agreement held
invalid or unenforceable only in part or degree shall remain in full force and
effect to the extent not held invalid or unenforceable.

     (g) Nothing in this Agreement shall confer upon you any right to continue
in the employ of the Company or shall interfere with or restrict in any way the
rights of the Company, which are hereby expressly reserved, to discharge you at
any time for any reason whatsoever, with or without cause.

     (h) The Company and you agree that (i) the provisions of this Agreement
constitute a "pension plan" within the meaning of Section 3(2) of the Employee
Retirement Income Security Act of 1974, as amended ("ERISA"), (ii) such plan is
unfunded and is maintained primarily for the purpose of providing deferred
compensation for a select group of management or highly compensated employees,
within the meaning of Sections 201(2), 301(a)(3) and 401(a)(1) of ERISA, and
(iii) the provisions of this Agreement shall be governed by federal law.

     (i) This Agreement shall inure to the benefit of, and shall be binding
upon, the parties hereto and their respective successors, assigns, heirs and
legal representatives, including any entity with which the Company may merge or
consolidate or to which all or substantially all of its assets may be
transferred.

     (j) This Agreement may not be amended orally, but only by an agreement in
writing signed by the parties hereto. Any action by the Company to amend shall
require Board action.

     (k) Except to the extent preempted by ERISA, this Agreement will be
governed by the laws of the State of Ohio without regard to conflicts of laws
principles.

Please confirm that the foregoing correctly sets forth our full agreement with
respect to your Deferred Amount by signing and returning the enclosed copy of
this letter.

                                        Sincerely,

                                        /s/ Cynthia B. Bezik
                                        ----------------------------------------
                                        Cynthia B. Bezik
                                        President

I agree as of the date first written above to the terms and conditions for
receiving the Deferred Amount under this Agreement.

                                        /s/ Patrick G. Tatom
                                        ----------------------------------------
                                        Patrick G. Tatom

                                      -4-

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