Document:

Second Amendment to Amended and Restated Financing Agreement

 Exhibit 10.1 
 Execution Version 
 SECOND AMENDMENT 
 TO 
 AMENDED AND RESTATED FINANCING AGREEMENT 
 THIS SECOND AMENDMENT TO AMENDED AND RESTATED FINANCING AGREEMENT (this “Amendment”), dated as of January 23, 2008, by and among
CLAYMONT STEEL, INC., a Delaware corporation (“Borrower”), U.S. BANK NATIONAL ASSOCIATION, a national banking association, as LC Issuer and as Agent, and each of the Lenders party to the Financing Agreement (as defined below), is as
follows: 
 Preliminary Statements 
 A. Borrower, Agent and the Lenders are parties to an Amended and Restated Financing Agreement dated as of February 15, 2007, as amended by the First Amendment to Amended and Restated Financing Agreement
dated March 30, 2007 (as so amended, the “Financing Agreement”). Capitalized terms which are used, but not defined, in this Amendment will have the meanings given to them in the Financing Agreement. 
 B. Titan Acquisition Sub, Inc., a Delaware corporation (“Purchaser”) and a wholly owned subsidiary of Evraz Group S.A., a company
organized as a societe anonyme under the laws of the Grand Duchy of Luxembourg (“Evraz”) has offered to purchase for cash all outstanding shares of common stock of Holding Co. upon the terms and subject to the conditions set forth
in that certain Offer to Purchase dated December 18, 2007 (the “Offer to Purchase”) and related Letter of Transmittal (collectively, the “Offer”). 
 C. The Offer is being made in connection with the Agreement and Plan of Merger, dated as of December 9, 2007 among Evraz, Purchaser and
Holding Co. (the “Merger Agreement”) pursuant to which, after the completion of the Offer, Purchaser will be merged with and into Holding Co. and Holding Co. will be the surviving corporation (the “Merger”). The
completion of the Offer and the consummation of the Merger would result in a Change of Control under the Financing Agreement. 
 D.
Borrower has requested that Agent and the Lenders (i) amend the Change of Control definition in the Financing Agreement to accommodate the Offer and the Merger, and (ii) make certain other amendments to the Financing Agreement, each as
more specifically set forth herein. 
 E. Agent and the Lenders are willing to consent to such requests and so amend the Financing
Agreement, all as contemplated by the terms, and subject to the conditions, of this Amendment. 

 Statement of Amendment 
 In consideration of the covenants, agreements, and conditions set forth in this Amendment, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, Agent, the Lenders and Borrower hereby agree as follows: 
 1. Amendments to
Financing Agreement. Subject to the satisfaction of the conditions of this Amendment: 
 1.1 Effective as of the Offer
Completion (as defined below), Section 1.1 of the Financing Agreement is hereby amended to add the following new definitions, in their proper alphabetical order, respectively: 
 “Evraz” has the meaning given in the Second Amendment. 
 “Evraz Subsidiary” means any Person as to which Evraz owns, directly or indirectly, at least 50% of the outstanding
shares of Capital Stock or other interests having ordinary voting power for the election of directors, officers, managers, trustees or other controlling Persons or an equivalent controlling interest. 
 “EOSM” means Evraz Oregon Steel Mills, Inc., a Delaware corporation. 
 “EOSM Group” has the meaning given in Section 9.14. 
 “Merger” has the meaning given in the Second Amendment. 
 “Merger Agreement” has the meaning given in the Second Amendment. 
 “Offer” has the meaning given in the Second Amendment. 
 “Offer Completion” means the purchase of at least a majority of the outstanding shares of common stock of Holding Co.
pursuant to the Offer. 
 “Purchaser” has the meaning given in the Second Amendment. 
 “Second Amendment” means the Second Amendment to Amended and Restated Financing Agreement dated as of January 23,
2008 among Borrower, Agent and Lenders. 
 1.2 Effective as of the Offer Completion, the definitions of “Affiliate”,
“Change of Control”, and “Holding Co.” in Section 1.1 of the Financing Agreement are hereby amended in their entirety by substituting the following in their stead, respectively: 
 “Affiliate” means, as to any Person (the “Subject Person”), any other Person which, directly or
indirectly, is in control of, is controlled by, or is under common control with, the Subject Person. For purposes of this definition, “control” of a Person means the power, direct or indirect, (i) to vote 20% or more of the securities
(or other ownership interests) having ordinary voting power for the election of directors (or managers in the case of a limited liability company) of the Person or (ii) otherwise to direct or cause the 

  

 -2- 

 
direction of the management and policies of the Person, whether by contract or otherwise. Without limiting the generality of the foregoing, each of the
following will be deemed an Affiliate of Borrower for purposes of this Agreement: (i) all of Borrower’s and CitiSteel PA’s respective officers, stockholders, and directors and (ii) Holding Co., Purchaser and their officers and
directors. Notwithstanding the foregoing, (x) prior to the Offer Completion, the following Persons will be deemed not to be an Affiliate of Borrower for purposes of this Agreement: any Person controlled by H.I.G. exclusive of (a) H.I.G.
Parent Authority, Holding Co., Borrower, or any Subsidiary of H.I.G. Parent Authority, Holding Co., or Borrower, (b) any stockholder or other equity interest holder of H.I.G. Parent Authority or Holding Co., or (c) a Person listed, or
required to be listed, on Schedule 9.17, and (y) upon and after the Offer Completion, the following Persons will be deemed not to be an Affiliate of Borrower for purposes of this Agreement: any Person controlled by Evraz exclusive of
(a) Holding Co., Purchaser, Borrower or any of their Subsidiaries, (b) any direct or indirect stockholder or other equity interest holder of Purchaser or Holding Co., (c) any member of the EOSM Group, or (d) a Person listed, or
required to be listed, on Schedule 9.17. 
 “Change of Control” means any of the following (or any
combination of the following) whether arising from any single transaction or event or any series of transactions or events (whether as the most recent transaction in a series of transactions) which, individually or in the aggregate, results in:

 (i) any Person or group, but excluding (x) prior to the Offer Completion, H.I.G. Parent Authority or the H.I.G.
Owners, or (y) upon and after the Offer Completion, Purchaser, Evraz or any direct or indirect Evraz Subsidiary, either (a) becoming the beneficial owner, directly or indirectly, of Capital Stock representing more than fifty percent
(50%) of the aggregate ordinary voting power represented by the issued and outstanding Capital Stock of Holding Co. or (b) otherwise having the ability, directly or indirectly, to elect a majority of the Board of Directors of Holding Co.;

 (ii) except as a result of the Offer Completion or the Merger, during any period of 24 consecutive months (following the
Offer Completion, such period to begin no earlier than the date of the appointment by Purchaser or Evraz of at least a majority of the members of the Board of Directors of Holding Co.), individuals who at the beginning of such period constituted the
Board of Directors of Holding Co. (together with any new or replacement directors whose election to the Board of Directors, or whose nomination for election by the stockholders, was approved by a vote of at least a majority of the directors then
still in office who were either directors at the beginning of such period or whose election or nomination for reelection was previously so approved) ceasing for any reason to constitute a majority of the directors then in office; 
 (iii) any Person or group, but excluding (x) prior to the Offer Completion, H.I.G. Parent Authority or H.I.G. Owners, or
(y) upon and after the Offer Completion, Purchaser, Evraz or any direct or indirect Evraz Subsidiary, possessing the power to direct or cause the direction of the management or policies of Holding Co., whether through the ability to exercise
voting power, by contract or otherwise; 
  

 -3- 

 (iv) a change in the ownership of Borrower, such that Holding Co. fails to (a) own
legally and beneficially, free and clear of any Liens (except the Liens in favor Agent), 100%, on a fully diluted basis, of the issued and outstanding voting and non-voting securities of, and other equity interests in, Borrower or (b) have the
power to direct or cause the direction of the management and policies of Borrower; or 
 (v) except as a result of the Offer
Completion or the Merger, any change which results in a “Change of Control” as defined in the Senior Notes Indenture. 
 For purposes of this definition, the terms “group” and “beneficial owner” shall have the respective meanings ascribed to them pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, and the
rules of the Securities Exchange Commission promulgated thereunder, except that a Person or group shall be deemed to “beneficially own” or be the “beneficial owner” of all securities that such Person or group has the right to
acquire, whether such right is exercisable immediately or after a passage of time. 
 “Holding Co.” means (a) prior to
the effectiveness of the Merger, Claymont Steel Holdings, Inc., a Delaware corporation, and (b) upon the effectiveness of the Merger, Claymont Steel Holdings, Inc., a Delaware corporation as the surviving corporation of the Merger. 

1.3 Effective as of the end of the day on which the Offer Completion occurs, the Financing Agreement is amended by replacing the term
“Holding Co. Consolidated Group” with “Holding Co. Group,” which shall be defined as Holding Co. and each of its Subsidiaries. 
 1.4 Effective as of the Offer Completion, the Financing Agreement is amended by substituting a revised Schedule 9.17 in the form attached hereto. 
 1.5 Effective as of the end of the day on which the Offer Completion occurs, the Financing Agreement is amended by replacing Section 9.13 of the Financing Agreement, with the following: 
 “9.13 Pension Plans. Except as described on Schedule 9.13 or as would not reasonably be expected to result in a
Material Adverse Effect, neither Borrower nor any Controlled Group member has ever sponsored, maintained, or contributed (or become obligated to sponsor, maintain, or contribute) to a Pension Plan subject to Title IV of ERISA. Except as would not
reasonably be expected to result in a Material Adverse Effect, neither Borrower nor any Controlled Group member has ever sponsored, maintained, or contributed (or become obligated to sponsor, maintain, or contribute) to any “multiemployer
plan” (as defined in ERISA). No “prohibited transaction,” or “reportable event”, as those terms are defined by ERISA, has occurred or is continuing as to any Pension Plan of Borrower or any Controlled Group member, which
poses a threat of the imposition of Taxes or penalties against such Pension Plans (or trusts related thereto), Borrower or any Controlled Group member, the imposition or payment of which could reasonably be expected to have a Material Adverse
Effect. Each Pension Plan that is maintained by the Borrower or its Subsidiaries and that is intended to meet the 

  

 -4- 

 
requirements of qualified pension benefit plans under Sections 401(a) and 501(a) of the Internal Revenue Code has received a current favorable determination
letter to that effect under the Internal Revenue Code, and neither Borrower nor any Controlled Group member has violated such requirements with respect to any Pension Plan, except as would not reasonably be expected to result in a Material Adverse
Effect.” 
 1.6 Effective as of the end of the day on which the Offer Completion occurs, the Financing Agreement is amended by
replacing Section 9.14 of the Financing Agreement, with the following: 
 “9.14 Taxes and Other Charges. The
members of the Holding Co. Group are members of a consolidated group for United States federal income Tax purposes whose common parent is EOSM (the “EOSM Group”). The Holding Co. Group has filed (or has been included in) all
federal, state and local Tax returns and other reports which it is required by law to file (or to be included in) except where the failure to so file could not reasonably be expected to have a Material Adverse Effect. All of such Tax returns and
reports accurately and properly reflect the Taxes due for the periods covered thereby. Except as described on Schedule 9.14, the Holding Co. Group has paid (or had paid on its behalf) all Taxes that are due and payable as of the Closing Date
except for any such Taxes which are being contested in good faith in accordance with the terms of Section 10.9 and other Taxes where the failure to pay such Taxes could not reasonably be expected to have a Material Adverse Effect. Except
as disclosed on Schedule 9.14, the Holding Co. Group has withheld all employment and similar Taxes which it is required by law to withhold and has maintained adequate reserves for the payment of all Taxes. Except as described on Schedule
9.14, no Tax Liens have been filed with respect to the Holding Co. Group and, to the knowledge of the Holding Co. Group, no claims are being asserted with respect to any such Taxes (and no basis exists for any such claims). There are not in
effect any waivers of applicable statutes of limitations for federal, foreign, state or local Taxes for any period. No member of the Holding Co. Group is a party to any Tax-sharing agreement or arrangement except the Tax Sharing Agreement and the
tax sharing agreement to be entered into by the members of the Holding Co. Group and the other members of the EOSM Group.” 
 1.7
Effective as of the end of the day on which the Offer Completion occurs, the Financing Agreement is amended by replacing Section 10.3 of the Financing Agreement, with the following: 
 “10.3 Notice of ERISA Events. Borrower will notify Agent in writing (i) at least 5 days prior to the adoption by Borrower
or, to the extent the same could reasonably be expected to result in a Material Adverse Effect, any Controlled Group member of any Pension Plan subject to Title IV of ERISA; (ii) promptly on the occurrence of any Reportable Event, except to the
extent such Reportable Event could not reasonably be expected to result in a Material Adverse Effect and (iii) 60 days prior to any termination, partial termination or merger of a Pension Plan or a transfer of a Pension Plan’s assets,
except to the extent the same could not reasonably be expected to result in a Material Adverse Effect.” 
  

 -5- 

 1.8 Effective as of the end of the day on which the Offer Completion occurs, the Financing
Agreement is amended by replacing Section 10.19 of the Financing Agreement, with the following: 
 “10.9 Taxes
and Charges. The Holding Co. Group will: (i) file (or be included in) all federal, state and local Tax returns and other reports which it is required by law to file (or be included in) except where such failure to file could not reasonably
be expected to involve Taxes in an aggregate amount, as of any date, greater than the Basket Amount applicable to this Section 10.9, (ii) pay (or have paid on its behalf) all Taxes that are due and payable except where the failure
to pay such Taxes could not reasonably be expected to exceed an aggregate amount, as of any date, greater than the Basket Amount applicable to this Section 10.9, (iii) withhold all employment and similar Taxes which it is required
by law to withhold, and (iv) maintain (or have maintained on its behalf) adequate reserves for the payment of all Taxes; provided, however, that no such Taxes need be paid during such period as they are being contested in good faith by
or on behalf of the Holding Co. Group, in appropriate proceedings promptly commenced and diligently prosecuted, if adequate reserves in accordance with GAAP have been set aside on the books of the members of the Holding Co. Group or the EOSM Group,
and the continuance of any such contest does not (a) result in any part of the Loan Collateral or any other property of any member of the Holding Co. Group being made the subject of (1) any proceeding in foreclosure, (2) any levy or
execution (which shall not have been stayed or dismissed), or (3) any seizure or other loss and (b) prevent Agent from having a perfected first priority security interest in, or as applicable, mortgage Lien on, the Loan Collateral or with
respect to future advances made hereunder; and provided, further, that the Holding Co. Group will promptly pay (or have paid on its behalf) such Tax when the dispute is finally settled.” 
 1.9 Effective as of the end of the day on which the Offer Completion occurs, the Financing Agreement is amended by replacing Section 10.18(b)
of the Financing Agreement, with the following: 
 “(b) make cash payments to Holding Co. or EOSM solely in order, and in such amounts
sufficient, to pay (i) the federal, state and local income Tax liabilities of Borrower which are then due and any state franchise Taxes of Holding Co. and CitiSteel PA which are then due, all in accordance with the Tax Sharing Agreement as in
effect on July 6, 2006 or the tax sharing agreement to be entered into by the members of the Holding Co. Group and the other members of the EOSM Group and (ii) professional fees, including but not limited to accountant’s fees and
attorney’s fees, and other overhead and administrative expenses of Holding Co., in each case, incurred by Holding Co. or EOSM on behalf of Borrower and its Subsidiaries in the ordinary course;” 
 1.10 Effective as of the end of the day on which the Offer Completion occurs, the Financing Agreement is amended by replacing Section 10.29.1
and 10.29.2 of the Financing Agreement, with the following: 
 “10.29.1 Payments on Senior Notes. Borrower will
not (i) make any payment (including any principal, premium, interest, fee or charge) with respect to any of 

  

 -6- 

 
the Senior Notes Obligations except (a) regularly scheduled interest payments on the Senior Notes, (b) a mandatory repurchase of Senior Notes upon
a Change of Control (as defined in the Senior Notes Indenture) under Section 4.19 of the Senior Notes Indenture, together with accrued but unpaid interest on such Senior Notes in accordance with such section of the Senior Notes Indenture;
provided that no proceeds from any Loan may be used to make such mandatory repurchase, (c) a mandatory repurchase of Senior Notes upon an Asset Sale (as defined in the Senior Notes Indenture) under Section 4.10 of the Senior Notes
Indenture, together with accrued but unpaid interest on such Senior Notes in accordance with such section of the Senior Notes Indenture; provided that no proceeds from any Loan may be used to make such mandatory repurchase, and (d) any
payments on or in respect of the Senior Notes, from the cash proceeds of (x) the issuance or sale by the Borrower of the common stock of the Borrower, net of reasonable expenses incurred in connection with such issuance (any such issuance of
common stock by the Borrower shall not be prohibited by Section 10.22 of this Agreement), or (y) subject to Section 10.10(i)(f) of this Agreement, any Refinancing Debt in respect of the Senior Notes (any such Refinancing
Debt shall not be prohibited by Section 10.22 of this Agreement), which Refinancing Debt shall be subject to this Section 10.29 or (ii) repurchase, redeem, defease, acquire or reacquire for value any of the Senior Notes
except as provided in clause (i)(b), (i)(c) or (i)(d) above in the manner, and to the extent, provided therein. 
 10.29.2
Changes to Senior Notes Documents. None of Borrower or any of its Subsidiaries will seek, agree to or permit, directly or indirectly, the amendment, waiver or other change to: (i) any of the terms of payment (including, principal,
interest or premium provisions) of or applicable to, or the provisions governing the priority of or security for the payment and performance of the obligations under or applicable to, or acceleration or termination of any of the Senior Notes
Documents, or (ii) any other material term of or applicable to any of the Senior Notes Documents. For purposes of this Section 10.29.2, “material” means any modification, waiver, or amendment of any of the Senior Notes
Documents which, in the judgment of Agent exercised in good faith, would (a) adversely affect any of any Lender’s rights or remedies under the Loan Documents or the Liens in favor of Agent on the Loan Collateral (including the priority of
the Agent’s Liens), (b) would make any financial or negative covenant, or default provisions of or applicable to, any of the Senior Notes Documents more restrictive to the Borrower, Holding Co. or the Affiliate Guarantor, or
(c) create or result in an Event of Default.” 
 2. Conditions; Other Documents. This Amendment shall become
effective only upon the satisfaction of the following conditions precedent: 
 2.1 This Amendment duly executed and
delivered by the Borrower, the Agent and the Required Lenders. 
 2.2 The Reaffirmation of Guarantors in the form
attached after the signature pages of this Amendment, executed and delivered by Holding Co. and CitiSteel PA. 
  

 -7- 

 2.3 In consideration of the Agent and the Lenders entering into this Amendment,
the Borrower shall have paid a fully earned and non-refundable fee of $125,000 to the Agent for the ratable benefit of the Lenders executing this Amendment. 
 2.4 The delivery of such other documents, instruments, and agreements deemed necessary by Agent to effect the amendments to
Borrower’s credit facilities with Agent and the Lenders contemplated by this Amendment. 
 3. Representations. To
induce Agent and the Lenders to accept this Amendment, Borrower hereby represents and warrants to Agent and the Lenders as follows: 
 3.1
Borrower has full power and authority to enter into, and to perform its obligations under, this Amendment, and the execution and delivery of, and the performance of its obligations under and arising out of, this Amendment have been duly
authorized by all necessary corporate action. 
 3.2 This Amendment constitutes the legal, valid and binding obligations of Borrower
enforceable in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization or similar laws affecting creditors’ rights generally. 
 3.3 Borrower’s, Holding Co.’s, and CitiSteel PA’s representations and warranties contained in the Loan Documents to which each of
them is a party are complete and correct in all material respects as of the date of this Amendment with the same effect as though these representations and warranties had been made again on and as of the date of this Amendment (except where such
representations and warranties speak solely as of an earlier date), subject to those changes as are not prohibited by, or do not constitute Events of Default under, the Financing Agreement. 
 3.4 No Event of Default has occurred and is continuing under the Financing Agreement as amended hereby or, after giving effect to the amendments
hereunder, has or will result from the Offer Completion or the Merger. 
 4. Merger Contemporaneously with the effectiveness of
the Merger, Borrower agrees to cause Holding Co. to: (i) execute and deliver such documents reasonably requested by Agent to reaffirm, continue and expressly assume the obligations of Holding Co. under the Guarantee, the Stock Pledge Agreement
and the other Loan Documents to which it is a party, and (ii) deliver such documents and filings reasonably requested by Agent to evidence that the Merger has been duly and validly consummated and that all consents and approvals of, and filings
and registrations with, and all other actions in respect of, all Governmental Authorities required to make or consummate the Merger have been obtained, given, filed or taken and are in full force and effect. 
 5. Costs and Expenses. As a condition of this Amendment, Borrower will promptly on demand pay or reimburse Agent for the costs and expenses
incurred by Agent in connection with this Amendment, including, without limitation, reasonable attorneys’ fees. 
  

 -8- 

 6. Release. Borrower hereby releases Agent and the Lenders from any and all liabilities,
damages and claims arising from or in any way related to the Obligations or the Loan Documents, other than such liabilities, damages and claims which arise after the execution of this Amendment. The foregoing release does not release or discharge,
or operate to waive performance by, Agent or any Lender of its express agreements and obligations stated in the Loan Documents on and after the date of this Amendment. 
 7. Default. Any default by Borrower in the performance of Borrower’s obligations under this Amendment shall constitute an Event of Default under the Financing Agreement. 
 8. Continuing Effect of the Financing Agreement; Security. Except as expressly amended hereby, all of the provisions of the Financing
Agreement are ratified and confirmed and remain in full force and effect. Borrower, Agent and the Lenders hereby expressly intend that this Amendment shall not in any manner: (a) constitute the refinancing, refunding, payment or extinguishment
of the Obligations evidenced by the existing Loan Documents; (b) be deemed to evidence a novation of the outstanding balance of the Obligations; or (c) affect, replace, impair, or extinguish the creation, attachment, perfection or priority
of the Liens on the Loan Collateral granted pursuant to the Loan Documents. Borrower ratifies and reaffirms any and all grants of Liens to Agent, for the benefit of the Secured Creditors (as defined in the Borrower Security Agreement), on the Loan
Collateral as security for the Obligations, and Borrower acknowledges and confirms that the grants of the Liens to Agent, for the benefit of the Secured Creditors, on the Loan Collateral: (i) represent continuing Liens on all of the Loan
Collateral, (ii) secure all of the Obligations, and (iii) represent valid, first and best Liens on all of the Loan Collateral except to the extent, if any, of the Permitted Liens. 
 9. One Agreement; References; Fax Signature. The Financing Agreement, as amended by this Amendment, will be construed as one agreement. All
references in any of the Loan Documents to the Financing Agreement will be deemed to be references to the Financing Agreement as amended by this Amendment. This Amendment may be signed by facsimile signatures or other electronic delivery of an image
file reflecting the execution thereof, and if so signed, (i) may be relied on by each party as if the documents were a manually signed original and (ii) will be binding on each party for all purposes. 
 10. Captions. The headings to the Sections of this Amendment have been inserted for convenience of reference only and shall in no
way modify or restrict any provisions hereof or be used to construe any such provisions. 
 11. Counterparts. This Amendment
may be executed in multiple counterparts, each of which shall be an original but all of which together shall constitute one and the same instrument. 
 12. Entire Agreement. This Amendment, together with the other Loan Documents, sets forth the entire agreement of the parties with respect to the subject matter of this Amendment and supersedes all
previous understandings, written or oral, in respect of this Amendment. 
  

 -9- 

 13. Governing Law. This Amendment shall be governed by and construed in accordance with the
internal laws of the State of Ohio (without regard to Ohio conflicts of law principles). 
 {Signature Pages Follow} 
  

 -10- 

 IN WITNESS WHEREOF, this Amendment has been duly executed by Borrower as of the date first written above.

  

			
	 BORROWER:

	
	 CLAYMONT STEEL, INC.

		
	 By:
	 	 /s/ Allen Egner

		 	Allen Egner, Treasurer and Secretary

 Accepted at Cincinnati, Ohio 
 as of the date first written above. 
  

			
	 AGENT:

	
	 U.S. BANK NATIONAL ASSOCIATION,
 AS AGENT

		
	 By:
	 	 /s/ Jeffrey A. Kessler

		 	Jeffrey A. Kessler, Vice President
	
	LC ISSUER:
	
	 U.S. BANK NATIONAL ASSOCIATION,
 AS
LC ISSUER

		
	 By:
	 	 /s/ Jeffrey A. Kessler

		 	Jeffrey A. Kessler, Vice President

 SIGNATURE PAGE TO 
 SECOND AMENDMENT TO AMENDED AND RESTATED 
 FINANCING AGREEMENT 
 (Claymont Steel, Inc.) 

			
	 LENDERS:

	
	 U.S. BANK NATIONAL ASSOCIATION,
 AS
A LENDER

		
	 By:
	 	 /s/ Jeffrey A. Kessler

		 	Jeffrey A. Kessler, Vice President
	
	LASALLE BUSINESS CREDIT LLC
		
	 By:
	 	 /s/ David S. Oppenheimer

		 	David S. Oppenheimer, SVP
	
	WACHOVIA BANK, NATIONAL ASSOCIATION
		
	 By:
	 	 /s/ Georgios Kyvernitis

		 	Georgios Kyvernitis, Director
	
	WELLS FARGO BANK NA
		
	 By:
	 	  

  

 -2-Third Amendment to Financing Agreement

 Exhibit 10.2 
 EXECUTION VERSION 
 THIRD AMENDMENT 
 TO 
 AMENDED AND RESTATED FINANCING
AGREEMENT 
 THIS THIRD AMENDMENT TO AMENDED AND RESTATED FINANCING AGREEMENT (this “Amendment”), dated as of
March 27, 2008, by and among CLAYMONT STEEL, INC., a Delaware corporation (“Borrower”), U.S. BANK NATIONAL ASSOCIATION, a national banking association, as LC Issuer and as Agent, and the Lenders party to the Financing Agreement
(as defined below), is as follows: 
 Preliminary Statements 
 A. Borrower, Agent and the Lenders are parties to an Amended and Restated Financing Agreement dated as of February 15, 2007, as amended by
the First Amendment to Amended and Restated Financing Agreement dated March 30, 2007, and a Second Amendment to Amended and Restated Financing Agreement dated as of January 23, 2008 (as so amended, the “Financing
Agreement”). Capitalized terms which are used, but not defined, in this Amendment will have the meanings given to them in the Financing Agreement. 
 B. Borrower has requested that Agent and the Lenders (i) waive a default of the Fixed Charge Coverage Ratio for the Test Period ended on December 31, 2007, (ii) amend the Fixed Charge Coverage
Ratio as provided herein, and (iii) make certain other amendments to the Financing Agreement, each as more specifically set forth herein. 
 C. Agent and the Lenders are willing to consent to such requests and so amend the Financing Agreement, all as contemplated by the terms, and subject to the conditions, of this Amendment. 
 Statement of Amendment 
 In
consideration of the covenants, agreements, and conditions set forth in this Amendment, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Agent, the Lenders and Borrower hereby agree as
follows: 
 1. Waiver of Default. According to financial information submitted by Borrower, Borrower is in default of the
Fixed Charge Coverage Ratio for the Test Period ended December 31, 2007 (the “Current Default”), which required a minimum Fixed Charge Coverage Ratio of 1.25 to 1 opposite an actual result of 0.62 to 1 obtained for such Test
Period. The Current Default constitutes an Event of Default under the Financing Agreement and the other Loan Documents unless waived by the Agent and the Required Lenders. Subject to the satisfaction of the conditions of this Amendment, the Required
Lenders hereby waive the Current Default. The waiver provided in this Section 1 will not apply to any other Event of Default, whether past, present, or future, including, without limitation, any violations of the above described covenant

 
for periods other than that specifically referenced in this Section 1. The waiver provided in this Section 1, either alone or
together with other waivers which the Lenders may give from time to time, shall not, by course of dealing, implication or otherwise, obligate the Lenders to waive any Event of Default, past, present or future, other than those specifically waived by
this Amendment, or reduce, restrict or in any way affect the discretion of the Lenders in considering any future waiver requested by Borrower. 
 2. Amendments to Financing Agreement. Subject to the satisfaction of the conditions of this Amendment: 
 2.1
Section 1.1 of the Financing Agreement is hereby amended to add the following new definitions, in their proper alphabetical order, respectively: 
 “Availability Reserve” means an amount equal to $5,000,000; provided that at such time as the Fixed Charge
Coverage Ratio is greater than 1.25 to 1 for a Test Period ending on or after September 30, 2008, as evidenced by financial statements of Borrower delivered to Agent in accordance with Sections 8.5 and 8.7 and certified in
accordance with Section 8.9, Availability Reserve shall mean an amount equal to $0. The Availability Reserve is in addition to, and without duplication of, any other Reserve Amounts established by Agent from time to time. 
 “Borrowing Base Availability” means, as measured for the applicable time period, an amount in Dollars equal to the
average Borrowing Base, exclusive of any deductions for the Availability Reserve, for such time period: 
 less (i) the
average aggregate outstanding amount of all Revolving Loans (including Overadvances) and Interim Advances for such time period and all due but unpaid interest on the Loans as of the end of such time period, and all fees, commissions, expenses and
other charges posted to Borrower’s loan account with Agent as of the end of such time period; and 
 less (ii) the
average applicable Letter of Credit Exposure for such time period. 
 “Third Amendment” means the Third
Amendment to Amended and Restated Financing Agreement dated as of March 27, 2008 among Borrower, Agent and Lenders. 
 “Third Amendment Effective Date” means the date that the conditions to effectiveness of the Third Amendment are satisfied. 
 2.2 The following definitions in Section 1.1 of the Financing Agreement are hereby amended in their entirety by substituting the following in their stead, respectively: 

 ““Applicable LIBOR Rate Margin”, “Applicable LOC Fee”, and
“Applicable Prime Rate Margin” means, as of any date, with respect to: (i) a LIBOR Rate Revolving Loan, a Prime Rate Revolving Loan, or the Applicable LOC Fee, the applicable per annum rate shown in the applicable column in
Section 3.2.5 based on the then applicable Borrowing Base Availability; (ii) a LIBOR Rate Term Loan, 2.50% per annum; and (iii) a Prime Rate Term Loan, 0.00% per annum.” 
 ““Borrowing Base” means, as of any time, an amount in Dollars equal to the sum of: 
 (i) the Receivables Advance Rate applied to the then Net Amount of Eligible Receivables of Borrower then outstanding; 
 plus (ii) the lesser of: (a) the applicable Inventory Advance Rate applied, with respect to the applicable categories of
Eligible Inventory, to the then Eligible Inventory, and (b) 85% of the Net Orderly Liquidation Value, as of any applicable date, of the then aggregate amount of Eligible Inventory; 
 less (iii) the then Reserve Amount; and 
 less (iv) the then Availability Reserve.” 
 ““Holding Co.” means (a) prior to the effectiveness of the Merger, Claymont Steel Holdings, Inc., a Delaware
corporation, and (b) upon the effectiveness of the Merger, Evraz Claymont Steel Holdings, Inc., formerly known as Claymont Steel Holdings, Inc., a Delaware corporation as the surviving corporation of the Merger.” 
 2.3 Clause (vii) of the definition of “Refinancing Debt” in Section 1.1 of the Financing Agreement is hereby amended in
its entirety by substituting the following in its stead: 
 “(vii) Borrower is in compliance with the Financial Covenants, on a pro
forma basis, after giving effect to the incurrence of such Refinancing Debt and the repayment of the Indebtedness being Refinanced. To determine whether there is pro forma compliance with the Financial Covenants, Borrower will, on a
pro forma basis, (a) restate the financial statements received by Agent for the Fiscal Months or Fiscal Quarters, as applicable, ended most closely before the date such Refinancing Debt is proposed to be incurred as if the proposed
Refinancing Debt had been incurred, and the Indebtedness had been Refinanced, at the beginning of the applicable 3-Month or 6-Month Period and Test Period and (b) calculate the Fixed Charge Coverage Ratio under Section 1 of
Exhibit F taking into account such proposed Refinancing Debt as if the proposed Refinancing Debt had been incurred, and the Indebtedness had been refinanced, at the beginning of the applicable 3-Month or 6-Month Period and Test Period;”

 2.4 Section 3.2.5 of the Financing Agreement is hereby amended in its entirety by substituting the following in its
stead: 

 “3.2.5 Applicable LIBOR Rate Margin, Applicable Prime Rate Margin, Application
LOC Fee. Each of the Applicable LIBOR Rate Margin and the Applicable Prime Rate Margin with respect to a LIBOR Rate Revolving Loan or a Prime Rate Revolving Loan, and the Applicable LOC Fee will be determined from time to time by reference to
the table set forth below on the basis of the then Borrowing Base Availability as described in this Section 3.2.5. 
  

												
	 Pricing Level
	  	Borrowing
Base
Availability	  	Applicable
LIBOR
Rate
Margin
For
LIBOR
Rate
Revolving
Loans	 	 	Applicable
Prime
Rate
Margin
For Prime
Rate
Revolving
Loans	 	 	Applicable
LOC Fee	 
	 1
	  	>$20,000,000	  	1.25	%	 	0.00	%	 	1.25	%
	 2
	  	> $15,000,000 <
$20,000,000	  	1.50	%	 	0.00	%	 	1.50	%
	 3
	  	> $10,000,000 <
$15,000,000	  	1.75	%	 	0.25	%	 	1.75	%
	 4
	  	<$10,000,000	  	2.00	%	 	0.50	%	 	2.00	%

 For purposes of determining the Applicable LIBOR Rate Margin and the Applicable
Prime Rate Margin, Borrowing Base Availability will, after the Third Amendment Effective Date, be determined as of the end of each calendar quarter occurring during the term of this Agreement (the end of each calendar quarter being a
“Determination Date”) based on the Borrowing Base Availability during the preceding calendar quarter (i.e., a 90-day period). The first Determination Date after the Third Amendment Effective Date is March 31, 2008 for
the calendar quarter ending March 31, 2008. The Applicable LIBOR Rate Margin and the Applicable Prime Rate Margin and the Applicable LOC Fee will be subject to adjustment in accordance with the table set forth in this Section 3.2.5
based on the Borrowing Base Availability for the calendar quarter then ended so long as no Event of Default is existing as of the applicable Determination Date or as of the effective date of adjustment. The foregoing adjustment, if applicable, to
the Applicable LIBOR Rate Margin and the Applicable Prime Rate Margin and the Applicable LOC Fee, will become effective for LIBOR Elections made, the unpaid principal balance of Prime Rate Revolving Loans and other Obligations outstanding (exclusive
of a LIBOR Rate Term Loan or a Prime Rate Term Loan), and LOC Fees due with respect to Letters of Credit issued or renewed, on and after the first day of the first calendar month immediately following the end of each calendar quarter until the next
succeeding effective date of adjustment pursuant to this Section 3.2.5. As of the Third Amendment Effective Date, (a) the Applicable LIBOR Rate Margin is 1.50% per annum; (b) the Applicable Prime Rate Margin is 0% per
annum; and (c) the Applicable LOC Fee is 1.500% per annum.” 
 2.5 Section 8.3 of the Financing Agreement
is hereby amended in its entirety by substituting the following in its stead: 

 “8.3 Reporting Regarding
Receivables and Notes Receivable. Not less frequently than monthly (and more frequently if Borrower shall so elect or weekly if Agent shall require if Borrowing Base Availability is, as of any time, less than $15,000,000 or an Event of Default
occurs and is continuing): (i) a borrowing base certificate in the form of Exhibit D (a “Borrowing Base Certificate”) by no later than the 15th day after the end of each calendar month based on values as of the end of
the immediately preceding calendar month (or, if more frequent reporting is in effect under this Section 8.3 as provided above, by the deadlines and based on the values then established by Agent) and (ii) reports of Borrower’s
sales, credits to sales or credit memoranda applicable to sales, collections and non-cash charges (from whatever source, including sales and noncash journals or other credits to Receivables) for the applicable period, and acceptable supporting
documentation thereto (including, a report indicating the Dollar value of Borrower’s Eligible Receivables, and all other information deemed necessary by Agent to determine levels of that which is and is not Eligible Receivables). By no later
than the 15th day after the end of each calendar month, or sooner if available, Borrower shall deliver to Agent monthly agings, broken down by due
date, of Receivables listed by invoice date, in each case reconciled to the Borrowing Base Certificate for the end of such month and Borrower’s general ledger, and setting forth any changes in the reserves made for bad accounts or any
extensions of the maturity of, any refinancing of, or any other material changes in the terms of any Receivables in such format as is specified by Agent from time to time, together with such further information with respect thereto in such format as
Agent may then reasonably require.” 
 2.6 Section 10.10(i)(i) of the Financing Agreement is hereby amended in its
entirety by substituting the following in its stead: 
 “(i) Additional Subordinated Debt, so long as (1) any such
Additional Subordinated Debt: (A) is unsecured; (B) is subordinated to the Obligations pursuant to a subordination agreement in form and substance satisfactory to Agent and the Required Lenders; and (C) has a maturity date not less
than six months after the Maturity Date and does not provide for any earlier cash payments; (2) the incurrence of any such Additional Subordinated Debt does not violate the Senior Notes Indenture; and (3) Borrower is in compliance with the
Financial Covenants, on a pro forma basis, after giving effect to the incurrence of such Additional Subordinated Debt. To determine whether there is pro forma compliance with the Financial Covenants, Borrower will, on a pro forma basis,
(x) restate the financial statements received by Agent for the Fiscal Months or Fiscal Quarters, as applicable, ended most closely before the date such Additional Subordinated Debt is proposed to be incurred as if the proposed Additional
Subordinated Debt had been made at the beginning of the applicable 3-Month or 6-Month Period and Test Period and (y) calculate the Fixed Charge Coverage Ratio under Section 1 of Exhibit F taking into account such proposed Additional
Subordinated Debt as if the proposed Additional Subordinated Debt had been made at the beginning of the applicable 3-Month or 6-Month Period and Test Period;” 

 2.7 The Borrowing Base Certificate in the form of Exhibit D attached to the Financing
Agreement is hereby amended in its entirety by substituting the borrowing base certificate in the form of Exhibit D attached to this Amendment in its stead. 
 2.8 Section 1.1 of Exhibit F to the Financing Agreement is hereby amended in its entirety by substituting the following in its stead: 
 “1.1 Borrower will not permit the ratio (“Fixed Charge Coverage Ratio”) resulting from dividing
Borrower’s Adjusted EBITDA (as defined below) for the applicable Test Period (as defined below) by Borrower’s Fixed Charges (as defined below) for that same Test Period to be less than (i) 0.050 to 1 as of the end of Fiscal
Quarter ending March 31, 2008, (ii) 0.720 to 1 as of the end of Fiscal Quarter ending June 30, 2008, and (iii) 1.250 to 1 as of the end of any Fiscal Quarter ending on or after September 30, 2008; provided that in the
event Borrower fails to comply with the Fixed Charge Coverage Ratio as of the end of any applicable Fiscal Quarter, Borrower may cure such failure (assuming no other Event of Default exists) if Borrower receives, in a lump sum, from EOSM or Holding
Co., within seven (7) days after the date that the financial statements of Borrower are required to be delivered to the Agent for such applicable Fiscal Quarter in accordance with Section 8.5, either (a) Additional Subordinated
Debt or (b) a capital contribution in cash (a “Capital Contribution Payment”), in an aggregate amount sufficient (if treated as being EBITDA for the applicable Test Period ending on such Fiscal Quarter) to cause compliance with
the relevant Fixed Charge Coverage Ratio. For purposes of calculating the Fixed Charge Coverage Ratio with respect to any applicable Test Period, EBITDA, solely for purposes of the Fixed Charge Coverage Ratio, shall be deemed to include the amount
of any such Additional Subordinated Debt or Capital Contribution Payment as if such Additional Subordinated Debt or Capital Contribution Payment were made in the Test Period for which Borrower failed to comply with this Section 1.1. Each
incurrence of Additional Subordinated Debt shall comply with Section 10.10(i)(i) and each Capital Contribution Payment shall: 
 (i) be made in exchange for common stock of Borrower; 
 (ii) not require any payments or
distributions to be made by Holding Co., Borrower or any guarantor of any or all of the Obligations in connection therewith; and 
 (iii) otherwise be on terms, and pursuant to documentation in form and substance, satisfactory to Agent in its reasonable discretion.” 
 2.9 The definition of “Adjusted EBITDA” in Exhibit F to the Financing Agreement is hereby amended in its entirety by substituting the following in its stead: 
 “Adjusted EBITDA” means, for the applicable period, the total (without duplication), in Dollars (all as determined in
accordance with GAAP consistently applied) of: (a) Borrower’s EBITDA, minus (b) the aggregate cash amount of 

 
Borrower’s Taxes (as defined below) paid during the applicable period; minus (c) the aggregate amount of Borrower’s Non-financed
Capital Expenditures made for the applicable period; plus (d) any non-cash expense or minus any non-cash gain or income of Borrower for the applicable period; and plus (e) to the extent deducted in the determination of EBITDA
for the applicable period, Acquisition Costs for such period. As used in this definition, “Acquisition Costs” means the extraordinary purchase price adjustments and one-time charges incurred by Borrower in Fiscal Quarter ending
March 31, 2008 resulting from the Offer Completion and the Merger, as described more fully on Exhibit A to the Third Amendment, up to a maximum aggregate amount which is acceptable to Agent in the exercise of its discretion in good
faith. 
 2.10 The definition of “Fiscal Month” in Exhibit F to the Financing Agreement is hereby amended in its
entirety by substituting the following in its stead: 
 “(iv) “Fiscal Month” means the applicable fiscal month of a
Fiscal Year, the fiscal months of Borrower being the same as the calendar months.” 
 2.11 The definition of “Fiscal
Quarter” in Exhibit F to the Financing Agreement is hereby amended in its entirety by substituting the following in its stead: 
 “(v) “Fiscal Quarter” means, in respect of a date as of which the applicable Financial Covenant is being calculated, any quarter of a Fiscal Year, the first Fiscal Quarter beginning on
January 1st and ending on March 31st, the second Fiscal Quarter beginning on April 1st and ending on June 30th, the third Fiscal Quarter beginning on July 1st and ending on September 30th, and the fourth Fiscal Quarter
beginning on October 1st and ending on December 31st.” 
 2.12 The definition of “Test Period” in Exhibit
F to the Financing Agreement is hereby amended in its entirety by substituting the following in its stead: 
 “Test Period” means, (a) in respect of the Fiscal Quarter ending on March 31, 2008, the 3-Month Period ending as of the end of such Fiscal Quarter, and (b) in respect of each other date as of which the
applicable Fixed Charge Coverage Ratio is being calculated, each 6-Month Period ending as of the end of each Fiscal Quarter ending on and after June 30, 2008.” 
 2.13 Exhibit F to the Financing Agreement is hereby amended by adding a new clause (xii) thereto, in its proper numerical order, as follows: 
 “(xii) “3-Month Period” means, in respect of a date as of which Adjusted EBITDA is being calculated under this
Section 1 of this Exhibit F, the three consecutive Fiscal Months immediately preceding the date as of which Adjusted EBITDA is being calculated (i.e., a three Fiscal Month period).” 
 3. Conditions; Other Documents. This Amendment shall become effective only upon the satisfaction of the following conditions precedent:

 3.1 This Amendment duly executed and delivered by the Borrower, the Agent and the required Lenders. 

 3.2 The Reaffirmation of Guarantors in the form attached after the signature pages
of this Amendment, executed and delivered by Holding Co. and CitiSteel PA. 
 3.3 A Borrowing Base Certificate in the
form of Exhibit D hereto duly completed and executed by the Borrower. 
 3.4 In consideration of the Agent and the
Lenders entering into this Amendment, the Borrower shall have paid a fully earned and non-refundable fee of $50,000 to the Agent for the ratable benefit of the Lenders. 
 3.5 The delivery of such other documents, instruments, and agreements deemed necessary by Agent to effect the amendments to
Borrower’s credit facilities with Agent and the Lenders contemplated by this Amendment. 
 4. Representations. To
induce Agent and the Lenders to accept this Amendment, Borrower hereby represents and warrants to Agent and the Lenders as follows: 
 4.1
Borrower has full power and authority to enter into, and to perform its obligations under, this Amendment, and the execution and delivery of, and the performance of its obligations under and arising out of, this Amendment have been duly
authorized by all necessary corporate action. 
 4.2 This Amendment constitutes the legal, valid and binding obligations of Borrower
enforceable in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization or similar laws affecting creditors’ rights generally. 
 4.3 Borrower’s, Holding Co.’s, and CitiSteel PA’s representations and warranties contained in the Loan Documents to which each of
them is a party are complete and correct in all material respects as of the date of this Amendment with the same effect as though these representations and warranties had been made again on and as of the date of this Amendment (except where such
representations and warranties speak solely as of an earlier date), subject to those changes as are not prohibited by, or do not constitute Events of Default under, the Financing Agreement. 
 4.4 Other than the Current Default to be waived under Section 1 of this Amendment, no Event of Default has occurred and is continuing under
the Financing Agreement as amended hereby. 
 5. Costs and Expenses. As a condition of this Amendment, Borrower will promptly
on demand pay or reimburse Agent for the costs and expenses incurred by Agent in connection with this Amendment, including, without limitation, reasonable attorneys’ fees. 

 6. Release. Borrower hereby releases Agent and the Lenders from any and all liabilities,
damages and claims arising from or in any way related to the Obligations or the Loan Documents, other than such liabilities, damages and claims which arise after the execution of this Amendment. The foregoing release does not release or discharge,
or operate to waive performance by, Agent or any Lender of its express agreements and obligations stated in the Loan Documents on and after the date of this Amendment. 
 7. Default. Any default by Borrower in the performance of Borrower’s obligations under this Amendment shall constitute an Event of Default under the Financing Agreement. 
 8. Continuing Effect of the Financing Agreement; Security. Except as expressly amended hereby, all of the provisions of the Financing
Agreement are ratified and confirmed and remain in full force and effect. Borrower, Agent and the Lenders hereby expressly intend that this Amendment shall not in any manner: (a) constitute the refinancing, refunding, payment or extinguishment
of the Obligations evidenced by the existing Loan Documents; (b) be deemed to evidence a novation of the outstanding balance of the Obligations; or (c) affect, replace, impair, or extinguish the creation, attachment, perfection or priority
of the Liens on the Loan Collateral granted pursuant to the Loan Documents. Borrower ratifies and reaffirms any and all grants of Liens to Agent, for the benefit of the Secured Creditors (as defined in the Borrower Security Agreement), on the Loan
Collateral as security for the Obligations, and Borrower acknowledges and confirms that the grants of the Liens to Agent, for the benefit of the Secured Creditors, on the Loan Collateral: (i) represent continuing Liens on all of the Loan
Collateral, (ii) secure all of the Obligations, and (iii) represent valid, first and best Liens on all of the Loan Collateral except to the extent, if any, of the Permitted Liens. 
 9. One Agreement; References; Fax Signature. The Financing Agreement, as amended by this Amendment, will be construed as one agreement. All
references in any of the Loan Documents to the Financing Agreement will be deemed to be references to the Financing Agreement as amended by this Amendment. This Amendment may be signed by facsimile signatures or other electronic delivery of an image
file reflecting the execution thereof, and if so signed, (i) may be relied on by each party as if the documents were a manually signed original and (ii) will be binding on each party for all purposes. 
 10. Captions. The headings to the Sections of this Amendment have been inserted for convenience of reference only and shall in no
way modify or restrict any provisions hereof or be used to construe any such provisions. 
 11. Counterparts. This Amendment
may be executed in multiple counterparts, each of which shall be an original but all of which together shall constitute one and the same instrument. 
 12. Entire Agreement. This Amendment, together with the other Loan Documents, sets forth the entire agreement of the parties with respect to the subject matter of this Amendment and supersedes all
previous understandings, written or oral, in respect of this Amendment. 

 13. Governing Law. This Amendment shall be governed by and construed in accordance with the
internal laws of the State of Ohio (without regard to Ohio conflicts of law principles). 
 {Signature Pages Follow} 

 IN WITNESS WHEREOF, this Amendment has been duly executed by Borrower as of the date first written above.

  

			
	BORROWER:
	
	CLAYMONT STEEL, INC.
		
	By:	 	 /s/ ROBIN GANTT

		 	Robin Gantt, Chief Financial Officer

 Accepted at Cincinnati, Ohio 
 as of the date first written above. 
  

			
	AGENT:
	
	U.S. BANK NATIONAL ASSOCIATION,
	AS AGENT
		
	By:	 	 /s/ JEFFREY A. KESSLER

		 	Jeffrey A. Kessler, Vice President
	
	LC ISSUER:
	
	U.S. BANK NATIONAL ASSOCIATION,
	AS LC ISSUER
		
	By:	 	 /s/ JEFFREY A. KESSLER

		 	Jeffrey A. Kessler, Vice President

 SIGNATURE PAGE TO 
 THIRD AMENDMENT TO AMENDED AND RESTATED 
 FINANCING AGREEMENT 
 (Claymont Steel, Inc.) 

			
	LENDERS:
	
	U.S. BANK NATIONAL ASSOCIATION,
	AS A LENDER
		
	By:	 	 /s/ JEFFREY A. KESSLER

		 	Jeffrey A. Kessler, Vice President
	
	LASALLE BUSINESS CREDIT LLC
		
	By:	 	 /s/ DAVID OPPENHEIMER

		 	David Oppenheimer, Senior Vice President
	
	WACHOVIA BANK, NATIONAL ASSOCIATION
		
	By:	 	 /s/ GEORGIOS KYVERNITIS

		 	Georgios Kyvernitis, Director
	
	WELLS FARGO BANK NA
		
	By:	 	 /s/ JOHN D. ERWIN

		 	John D. Erwin, Vice President/Relationship Team Manager

 SIGNATURE PAGE TO 
 THIRD AMENDMENT TO AMENDED AND RESTATED 
 FINANCING AGREEMENT 
 (Claymont Steel, Inc.)

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00142-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00142-of-00352.parquet"}]]