Document:

exv10wb

Exhibit 10(b)

AMENDMENT NUMBER TWO

TO THE

HARRIS CORPORATION

2005 SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN

          WHEREAS, Harris Corporation, a Delaware corporation (the “Corporation”), heretofore
has adopted and maintains the Harris Corporation 2005 Supplemental Executive Retirement Plan (the
“Plan”);

          WHEREAS, pursuant to Section 8.1 of the Plan, the Employee Benefits Committee of the
Corporation (the “Committee”) has the authority to adopt non-material amendments to the
Plan;

          WHEREAS, the Committee desires to amend the Plan (i) to permit certain participants to change
distribution methods with respect to their Plan accounts, subject to the restrictions of section
409A of the Internal Revenue Code of 1986, as amended, and any other restrictions prescribed by the
Committee and (ii) to clarify the date that participants must meet eligibility requirements in
order to participate in the Plan for a particular year; and

          WHEREAS, the Committee has determined the above-described amendments to be non-material.

          NOW, THEREFORE, BE IT RESOLVED, that the Plan hereby is amended, effective as of the date
hereof or as of such other date set forth herein, as follows:

          1. Effective November 30, 2009, Section 3.1(a) hereby is amended to replace the phrases “the
commencement of the election period with respect to General Compensation Deferrals for the Plan
Year” and “the commencement of the election period with respect to General Compensation Deferrals
for a Plan Year” as they appear therein with the phrases “the November 30 prior to the commencement
of the Plan Year” and “the November 30 prior to the commencement of a Plan Year”, respectively.

 

 

          2. Section 3.1(b) hereby is amended to replace the phrases “the commencement of the election
period with respect to PRP Deferrals for the Plan Year” and “the commencement of the election
period with respect to PRP Deferrals for a Plan Year” as they appear therein with the phrase “the
May 31 prior to the commencement of the Fiscal Year for which the PRP Compensation is payable”.

          3. Section 6.8 hereby is amended to read as follows:

6.8. Subsequent Elections. Notwithstanding any provision herein to the contrary,
the Committee in its discretion may permit one or more Participants (i) to change the form
of distribution previously elected by the Participant pursuant to Sections 3.2(a) and 6.3 or
the Change of Control distribution method for the Participant’s Account previously elected
by the Participant pursuant to Sections 3.2(a) and 6.7 or (ii) to elect for his or her
Matching Deferrals and Profit Sharing Deferrals (and earnings or losses thereon), a form of
distribution or Change of Control distribution method, in lieu of the distribution form or
method otherwise mandated by Section 3.3. If permitted by the Committee, any such change in
election or new election (a “subsequent election”) (i) must be made at least twelve (12)
months before the previously-scheduled payment date (or, in the case of installment
payments, twelve (12) months before the date the first amount was scheduled to be paid) and
will not be effective until twelve (12) months after the date on which the subsequent
election is made; (ii) may not accelerate the distribution schedule in violation of Section
409A of the Code; and (iii) will be subject to any other restrictions prescribed by the
Committee. If a Participant makes a subsequent election, the payment date (or payment
commencement date) of the portion of the Participant’s Account subject to the subsequent
election shall be delayed, to the extent required by Section 409A of the Code, five (5)
years from the previously-scheduled payment date (or, in the case of installment payments,
five (5) years from the date the first amount was scheduled to be paid); provided,
however, that in the case of a subsequent election with respect to the Change of
Control distribution method of a Participant’s Account, or Matching Deferrals and Profit
Sharing Deferrals (and earnings or losses thereon), as applicable, the payment date (or
payment commencement date) of the portion of the Participant’s Account subject to the
subsequent election shall be delayed, to the extent required by Section 409A of the Code, to
the later of the date that the portion of the Participant’s Account subject to the
subsequent election would have been distributed if a Change of Control had not occurred and
the date that is five (5) years and sixty (60) days following the date of the Change of
Control. If a Participant makes a subsequent election, the Participant may elect any of the
forms of distribution available under Section 6.3, with the exception of installments over a
fifteen-year period.

A subsequent election shall be submitted to the Committee in accordance with procedures
prescribed by the Committee and upon such submission shall be irrevocable. In the event
that a subsequent election violates any of the restrictions set forth in this Section 6.8,
the subsequent election shall be void and of no effect.

 

 

          APPROVED by the HARRIS CORPORATION EMPLOYEE BENEFITS COMMITTEE on this 8th day of December,
2009.

	 	 	 	 	 
	 	 	 
	 	     /s/ John D. Gronda
 	 
	 	John D. Gronda, Secretaryexv10w1

    Exhibit 10.1

 

    COMMERCIAL
    METALS COMPANY

    2010 EMPLOYEE STOCK PURCHASE PLAN

 

    Commercial Metals Company, a Delaware corporation (hereinafter
    referred to as “CMC”) hereby adopts and
    establishes the Commercial Metals Company 2010 Employee Stock
    Purchase Plan (the “Plan”), effective as
    of February 1, 2010 upon the terms and conditions
    hereinafter stated, subject to approval by its stockholders.

 

    ARTICLE 1

    

 

    PURPOSE
    

 

    The purpose of the Plan is to provide employees of CMC and its
    Subsidiaries (together with CMC, referred to herein as the
    “Company”) with an opportunity to
    acquire a proprietary interest in CMC. The Plan provides for all
    Eligible Employees the option to purchase shares of Common Stock
    of CMC through voluntary systematic payroll deductions. The
    options provided to Eligible Employees under the Plan shall be
    in addition to regular salary, profit sharing, pension, life
    insurance, special payments or other benefits related to an
    Employee’s employment with the Company. It is the intention
    of CMC to have the Plan qualify as an “Employee Stock
    Purchase Plan” pursuant to Section 423 of the Code and
    the final treasury regulations issued thereunder.

 

    ARTICLE 2

    

 

    DEFINITIONS
    

 

    2.1 “Account” shall mean the payroll
    deduction bookkeeping account maintained by the Company, or by a
    record keeper on behalf of the Company, for a Participant
    pursuant to Section 5.3(f).

 

    2.2 “Board” shall mean the board of
    directors of CMC.

 

    2.3 “Code” shall mean the United States
    Internal Revenue Code of 1986, as amended, and the regulations
    promulgated thereunder.

 

    2.4 “Committee” shall mean the committee
    appointed or designated by the Board to administer the Plan in
    accordance with Article 4 of this Plan.

 

    2.5 “Common Stock” means the common
    stock of CMC, par value $0.01 per share, which CMC is currently
    authorized to issue or may in the future be authorized to issue.

 

    2.6 “Compensation” shall mean a
    Participant’s regular earnings, overtime pay, sick pay and
    vacation pay. Compensation also includes any amounts contributed
    as salary reduction contributions to a plan qualifying under
    Section 401(a) of the Code. Any other form of remuneration
    is excluded from Compensation, including (but not limited to)
    the following: commissions, incentive compensation, bonuses,
    prizes, awards, housing allowances, stock option exercises,
    stock appreciation rights, restricted stock exercises,
    performance awards, auto allowances, tuition reimbursement and
    other forms of imputed income.

 

    2.7 “Contributions” shall mean all
    bookkeeping amounts credited to the Account of a Participant
    pursuant to Section 5.3(f).

 

    2.8 “Disability” shall mean that the
    Participant, because of a physical or mental condition resulting
    from bodily injury, disease, or mental disorder, is unable to
    perform his or her duties of employment for a period of three
    (3) continuous months, as determined in good faith by the
    Committee, based upon medical reports or other evidence
    satisfactory to the Committee.

 

    2.9 “Eligible Employee” shall mean an
    Employee of the Company, other than an Employee who:
    (a) has worked for the Company for less than one
    (1) year, (b) customarily works twenty (20) hours
    or less per week, (c) customarily works for not more than
    five (5) months in any calendar year, (d) is an
    Ineligible Foreign Employee, or (e) immediately after the
    option is granted, owns stock possessing five percent (5%) or
    more of the total

    

    1

 

    combined voting power or value of all classes of stock of the
    Company, computed in accordance with Section 423(b)(3) of
    the Code.

 

    2.10 “Employee” shall mean any common
    law employee (as defined in accordance with the regulations and
    rulings then applicable under Section 3401(c) of the Code)
    of the Company.

 

    2.11 “Ineligible Foreign Employee” shall
    mean an Employee who is a citizen or resident of a jurisdiction
    outside of the United States (without regard to whether he or
    she is also a citizen of the United States or is a resident
    alien (within the meaning of Section 7701(b)(1)(A) of the
    Code) who is ineligible to participate in the Plan because
    (a) the grant of an option under the Plan to such citizen
    or resident of the foreign jurisdiction is prohibited under the
    laws of such jurisdiction, or (b) compliance with the laws
    of the foreign jurisdiction would cause the Plan to violate the
    requirements of Section 423 of the Code.

 

    2.12 “Participant” shall mean an
    Eligible Employee who has elected to participate in the Plan,
    pursuant to a Subscription Agreement, on a form prescribed by
    the Committee.

 

    2.13 “Plan” shall mean this Commercial
    Metals Company 2010 Employee Stock Purchase Plan, as amended
    from time to time.

 

    2.14 “Retirement” shall mean a
    termination of employment solely due to retirement upon or after
    attainment of age sixty-five (65), or permitted early retirement
    as determined by the Committee.

 

    2.15 “Subscription Agreement” shall mean
    an agreement in a form approved by and in a manner prescribed by
    the Committee, pursuant to which an Eligible Employee may elect
    to participate in the Plan. The Subscription Agreement shall
    contain the Eligible Employee’s authorization and consent
    to payroll deductions. The Subscription Agreement shall comply
    with and be subject to the terms and conditions of the Plan.

 

    2.16 “Subsidiary” means any corporation
    in an unbroken chain of corporations beginning with CMC, if each
    of the corporations other than the last corporation in the
    unbroken chain owns stock possessing a majority of the total
    combined voting power of all classes of stock in one of the
    other corporations in the chain.

 

    ARTICLE 3

    

 

    ELIGIBILITY
    

 

    For each offering made under the Plan, each Employee who is an
    Eligible Employee on the date of grant of an option granted
    under such offering, may, as determined and selected by the
    Committee in accordance with Section 423 of the Code and
    the final treasury regulations issued thereunder, be eligible to
    participate in such offering. For each offering, the date of
    grant shall be as determined by the Committee. All Eligible
    Employees who are granted an option under this Plan shall have
    the same rights and privileges.

 

    ARTICLE 4

    

 

    ADMINISTRATION
    

 

    The Plan shall be administered by the Committee, which shall be
    the Compensation Committee of the Board, unless the Board
    appoints a different committee. The Committee shall have full
    power and authority to construe, interpret and administer the
    Plan, provided that it shall interpret the Plan in accordance
    with Section 423 of the Code and the final treasury
    regulations issued thereunder. It may issue rules and
    regulations for administration of the Plan. It shall meet at
    such times and places as it may determine. A majority of the
    members of the Committee shall constitute a quorum and all
    decisions of the Committee shall be final, conclusive and
    binding upon all parties, including the Company, the
    stockholders, and Employees.

 

    The Committee shall have the full and exclusive right to
    establish the terms of each offering of Common Stock under the
    Plan except as otherwise expressly provided in this Plan. The
    Committee may delegate such power, authority and rights with
    respect to the administration of the Plan as it deems
    appropriate to one or more members of the management of the
    Company (including, without limitation, a committee of one or
    more members of management appointed by the Committee);
    provided, however, that any delegation to management shall
    conform

    

    2

 

    with the requirements of applicable law and stock exchange
    regulations. The Committee may also recommend to the Board
    revisions of the Plan.

 

    ARTICLE 5

    

 

    OPTION
    OFFERINGS
    

 

    5.1  Annual Offerings.  Each year
    during the term of the Plan, unless the Committee determines
    otherwise, the Company will make one or more offerings in which
    options to purchase the Company’s Common Stock will be
    granted under the Plan.

 

    5.2  Number Available for
    Options.  Subject to adjustments as described
    below, no more than 5,000,000 shares of Common Stock may be
    sold pursuant to options granted under the Plan. Either
    authorized and unissued shares or issued shares heretofore or
    hereafter acquired by the Company may be made subject to options
    under the Plan. If, for any reason, any option under the Plan
    terminates in whole or in part, shares subject to such
    terminated option may be again subjected to an option under the
    Plan.

 

    5.3  Terms and Conditions of Options.

 

    (a) An option price per share for each offering shall be
    determined by the Committee on or prior to the date of grant of
    the option, which shall in no instance be less than:
    (a) 85% of fair market value of the Common Stock on the
    date the option is granted, or (b) 85% of fair market value
    of the Common Stock on the date the option is exercised,
    whichever is lower. The fair market value on the date on which
    an option is granted or exercised shall be determined by such
    methods or procedures as shall be established by the Committee
    prior to or on the date of grant of the option.

 

    (b) The expiration date of the options granted in each
    offering shall be determined by the Committee prior to or on the
    date of grant of the options, but in any event shall not be more
    than twenty-seven (27) months after the date of grant of
    the options.

 

    (c) Each option shall entitle an Eligible Employee to
    purchase up to that number of shares which could be purchased at
    the option price as the Committee shall determine for each
    offering (but not to exceed the amount specified in
    Section 423(b) of the Code). Alternatively, or in
    combination with setting a maximum number of shares, the
    Committee may choose to determine a maximum dollar amount that
    could be used to purchase shares for each offering (but not to
    exceed the amount specified in Section 423(b) of the Code).
    Each Eligible Employee may elect to participate for less than
    the maximum number of shares or dollar amount specified by the
    Committee. No option may be exercised for a fractional share of
    Common Stock.

 

    (d) The term of each offering shall consist of the
    following three periods:

 

    (i) an “Enrollment Period” during
    which each Eligible Employee shall determine whether or not, and
    to what extent, to participate by authorizing payroll deductions;

 

    (ii) a “Payroll Deduction Period”
    during which payroll deductions shall be made and credited to
    each Participant’s Account; and

 

    (iii) an “Exercise Day” on which
    options of Participants will be automatically exercised in full.

 

    The beginning and ending dates of each Enrollment Period and
    Payroll Deduction Period and the date of each Exercise Day shall
    be determined by the Committee.

 

    (e) Each Eligible Employee who desires to participate in an
    offering shall elect to do so by completing and delivering by
    the end of the Enrollment Period to the Committee (or such
    person designated by the Committee) a Subscription Agreement in
    the form (including without limitation, telephonic and
    electronic transmission, utilization of voice response systems
    and computer entry) prescribed by the Committee authorizing
    payroll deductions during the Payroll Deduction Period. Unless
    otherwise permitted by the Committee, such Subscription
    Agreement shall constitute an election to participate in a
    single offering under the Plan.

 

    (f) The Company shall maintain on its books, or cause to be
    maintained by a record keeper, a payroll deduction account in
    the name of each Participant (an
    “Account”). The amount or percentage of
    Compensation

    

    3

 

    elected to be applied as Contributions by a Participant shall be
    deducted from such Participant’s Compensation on each
    payday during the Payroll Deduction Period and such payroll
    deductions shall be credited to that Participant’s Account
    as soon as administratively practicable. Except as provided in
    Section 6.1, a Participant may not make any
    additional payments to his or her Account. A Participant’s
    Account shall be reduced by any amounts used to pay for the
    shares of Common Stock acquired pursuant to the options, or by
    any other amounts distributed pursuant to the terms hereof.

 

    (g) On the Exercise Day, the options of each Participant to
    which such Exercise Day relates shall be automatically exercised
    in full without the need for the Participant to take any action.

 

    (h) Upon exercise of an option, the shares shall be paid
    for in full by transfer of the purchase price from the
    Participant’s Account to the account of the Company, and
    any balance in the Participant’s Account shall be paid to
    the Employee in cash or applied to subsequent offerings.

 

    (i) A Participant will have none of the rights and
    privileges of a stockholder of the Company with respect to the
    shares of Common Stock subject to an option under the Plan until
    such shares of Common Stock have been transferred or issued to
    the Participant or to a designated broker for the
    Participant’s Account on the books of the Company.

 

    (j) An option granted under the Plan may not be transferred
    except by will or the laws of descent and distribution and,
    during the lifetime of the Participant to whom granted, may be
    exercised only for the benefit of the Participant.

 

    (k) No Participant shall be granted an option that permits
    the Participant’s rights to purchase Common Stock under all
    employee stock purchase plans of the Company to accrue at a rate
    which exceeds $25,000 (or such other maximum as may be
    prescribed from time to time by the Code) of fair market value
    of such Common Stock (determined at the date of grant) for each
    calendar year in which such option is outstanding at any time in
    accordance with the provisions of Section 423(b)(8) of the
    Code.

 

    5.4  Issuance of Shares of Common
    Stock.  As soon as administratively practicable
    following an Exercise Day, the Company shall deliver to each
    Participant a certificate representing the shares of Common
    Stock purchased upon exercise of his or her options. The time of
    issuance and delivery of the shares of Common Stock may be
    postponed for such periods as may be required to comply with
    registration requirements under the Securities Act of 1933, the
    Securities Exchange Act of 1934, listing requirements of any
    exchange on which the shares of Common Stock may then be listed,
    and the requirements under other laws or regulations applicable
    to the issuance or sale of such shares.

 

    5.5  Revocation of Subscription
    Agreement.  At any time prior to an Exercise Day,
    a Participant shall have the right to revoke his or her
    elections set forth in the Subscription Agreement, on a form and
    pursuant to such terms as the Committee may prescribe. The
    Company shall, upon receipt of such notice of cancellation,
    refund to the Participant, without interest, any amounts
    withheld from the Participant in respect of such offering to
    acquire shares of Common Stock, as soon as administratively
    practicable.

 

    5.6  Modification of Subscription
    Agreement.  A Participant may change his or her
    elections set forth in a Subscription Agreement by completing
    and filing with the Committee (or such person designated by the
    Committee), a new Subscription Agreement. Such changes may be
    filed with the Committee (or such person designated by the
    Committee) prior to the end of the Enrollment Period of the
    subsequent offering; such change shall be effective as of the
    next occurring date of grant of such subsequent offering. Any
    Subscription Agreement made pursuant to this
    Section 5.6 shall revoke any then outstanding
    Subscription Agreement.

 

    ARTICLE 6

    

 

    TERMINATION
    OF EMPLOYMENT; CHANGE IN ELIGIBLE STATUS
    

 

    6.1 Unless otherwise provided by the Committee, upon a
    Participant’s termination from employment with the Company
    for any reason or in the event that a Participant is no longer
    an Eligible Employee or if the Participant elects to revoke his
    or her Subscription Agreement pursuant to
    Section 5.5, at any time prior to the last day of a

    

    4

 

    Payroll Deduction Period of an offering period in which he or
    she participates, such Participant’s Account shall be paid,
    without interest, to him or her in cash, or, in the event of
    such Participant’s death, paid, without interest, to such
    Participant’s estate or beneficiary, and such
    Participant’s options shall be automatically terminated.
    The Committee may provide on an equal basis, upon a
    Participant’s termination from employment with the Company
    (a) by reason of Retirement, Disability
    and/or
    death, to permit the exercise of the Participant’s options
    at any time within the three (3) month period following
    such termination of employment or the Exercise Day, whichever is
    earlier. If the Committee permits a Participant to exercise his
    or her options following the Participant’s termination of
    employment, the Committee may permit the Participant (or his or
    her estate or beneficiary) to contribute additional amounts to
    the Participant’s Account, if necessary, to exercise the
    options up to the full amount or number of shares of Common
    Stock subject to such options as subscribed for in the
    Subscription Agreement. Notwithstanding the foregoing, if a
    Participant’s employment with the Company terminates for
    any reason other by reason of Retirement, Disability or death,
    such Participant’s Account shall be paid to him or her in
    cash, without interest, as soon as administratively practicable.

 

    6.2 A prior termination from employment with the Company shall
    not have any effect upon a reemployed Employee’s ability to
    participate in any succeeding offering, provided that the
    applicable eligibility and participation requirements are again
    met.

 

    6.3 For purposes of the Plan, the employment relationship shall
    be treated as continuing intact while an individual is on sick
    leave or other leave of absence approved by the Company. Where
    the period of leave exceeds ninety (90) days and the
    individual’s right to reemployment is not guaranteed either
    by statute or by contract, the employment relationship will be
    deemed to have terminated on the 91st day of such leave.

 

    ARTICLE 7

    

 

    ADJUSTMENTS
    

 

    In the event that any dividend or other distribution (whether in
    the form of cash, Common Stock, other securities, or other
    property), recapitalization, stock split, reverse stock split,
    rights offering, reorganization, merger, consolidation,
    split-up,
    spin-off, split-off, combination, subdivision, repurchase, or
    exchange of Common Stock or other securities of the Company,
    issuance of warrants or other rights to purchase Common Stock or
    other securities of the Company, or other similar corporate
    transaction or event affects the fair value of an option, then
    the Committee shall adjust any or all of the following so that
    the fair value of the option immediately after the transaction
    or event is equal to the fair value of the option immediately
    prior to the transaction or event (i) the number and type
    of shares of Common Stock which thereafter may be made the
    subject of options, (ii) the number and type of shares of
    Common Stock subject to outstanding options, and (iii) the
    grant, purchase or exercise price with respect to any option or,
    if deemed appropriate, make provision for a cash payment to the
    holder of an option. Notwithstanding the foregoing, no such
    adjustment shall be made or authorized to the extent that such
    adjustment would cause the Plan or any option to violate
    Section 423 of the Code. Such adjustments shall be made in
    accordance with the rules of any securities exchange, stock
    market, or stock quotation system to which the Company is
    subject. Upon the occurrence of any such adjustment, the Company
    shall provide notice to each affected Participant of its
    computation of such adjustment which shall be conclusive and
    shall be binding upon each such Participant.

 

    ARTICLE 8

    

 

    AMENDMENT
    

 

    The Committee may, at any time and from time to time, alter,
    amend, suspend or terminate the Plan, any part thereof or any
    option thereunder as it may deem proper and in the best
    interests of the Company; provided, however, that unless the
    stockholders of the Company shall have first approved thereof,
    (i) the total number of shares for which options may be
    exercised under the Plan shall not be increased or decreased,
    except as adjusted under Article 7, and (ii) no
    amendment shall be made which shall allow an option price for
    offerings under the Plan to be less than 85% of the fair market
    value of the Common Stock on the date of grant of the options or
    85% of the fair market value of the Common Stock on the date on
    which an option is exercised, if lower.

    

    5

 

    Notwithstanding the foregoing, the Committee may adopt and amend
    stock purchase sub-plans with respect to Eligible Employees
    employed outside the United States with such provisions as the
    Committee may deem appropriate to conform with local laws,
    practices and procedures, and to permit exclusion of certain
    Employees from participation. All such sub-plans shall be
    subject to the limitations on the amount of stock that may be
    issued under the Plan and, except to the extent otherwise
    provided in such plans, shall be subject to all of the
    provisions set forth herein.

 

    ARTICLE 9

    

 

    TERM
    

 

    The Plan shall be effective from the date that this Plan is
    approved by the Board. Unless sooner terminated by action of the
    Board, the Plan will terminate on January 31, 2020, and no
    offering shall be made hereunder after such date. Further, no
    offering hereunder shall be made after any day upon which
    participating Employees elect to participate for a number of
    shares equal to or greater than the number of shares remaining
    available for purchase. If the number of shares for which
    Employees elect to participate shall be greater than the shares
    remaining available, the available shares shall at the end of
    the Enrollment Period be allocated among such participating
    Employees pro rata on the basis of the number of shares for
    which each has elected to participate.

 

    ARTICLE 10

    

 

    MISCELLANEOUS
    PROVISIONS
    

 

    10.1  Disqualifying Disposition.  If
    a share of Common Stock acquired pursuant to this Plan is
    disposed of by a Participant prior to the expiration of two
    (2) years from the date of grant of the option relating to
    such share or one (1) year from the transfer of such share
    to the Participant (a “Disqualifying
    Disposition”), such Participant shall notify the
    Company in writing of the date and terms of such disposition. A
    Disqualifying Disposition by a Participant shall not affect the
    status of any other option granted under the Plan.

 

    10.2  Expenses of Administration.  No
    charge of any kind will be made by the Company against the funds
    held in each Participant’s Account other than the
    application of the funds to payment for shares of Common Stock
    under the Plan. The Company will pay all fees and expenses
    incurred by the Company in connection therewith.

 

    10.3  Investment Intent.  The Company
    may require that there be presented to and filed with it by any
    Participant under the Plan, such evidence as it may deem
    necessary to establish that the shares of Common Stock to be
    purchased or transferred are being acquired for investment and
    not with a view to their distribution.

 

    10.4  No Right to Continued
    Employment.  Neither the Plan nor any option
    granted under the Plan shall confer upon any Participant any
    right with respect to continuance of employment by the Company.

 

    10.5  Indemnification of Board and
    Committee.  No member of the Board or the
    Committee, nor any officer or Employee of the Company acting on
    behalf of the Board or the Committee, shall be personally liable
    for any action, determination, or interpretation taken or made
    in good faith with respect to the Plan, and all members of the
    Board and the Committee, each officer of the Company, and each
    Employee of the Company acting on behalf of the Board or the
    Committee shall, to the extent permitted by law, be fully
    indemnified and protected by the Company in respect of any such
    action, determination, or interpretation.

 

    10.6  Applicable Law.  This Plan and
    related documents shall be governed by, and construed in
    accordance with, the laws of the State of Delaware. If any
    provision shall be held by a court of competent jurisdiction to
    be invalid and unenforceable, the remaining provisions of this
    Plan shall continue to be fully effective.

    

    6

 

    10.7  Plan Funds.  All amounts held
    by the Company in Accounts under the Plan may be used for any
    corporate purpose of the Company. No interest will be paid to
    any Employee or credited to his or her Account under this Plan.

 

    10.8  Compliance with Governmental Laws and Stock
    Exchange Regulations.  The obligation of the
    Company to sell and deliver Common Stock under the Plan is
    subject to applicable laws and to the approval of any
    governmental authority required in connection with the
    authorization, issuance, sale or delivery of such common stock.
    The Company may, without liability to Participants, defer or
    cancel delivery of shares or take other action it deems
    appropriate in cases where applicable laws, regulations or stock
    exchange rules impose constraints on the normal Plan operations
    or delivery of shares.

 

    * * * * * * * * * *

    

    7

 

    IN WITNESS WHEREOF, the Company has caused this
    instrument to be executed as of January 28, 2010, by its
    Chief Executive Officer and Secretary pursuant to prior action
    taken by the Board and the stockholders of the Company.

 

     COMMERCIAL METALS COMPANY

 

			
	 	    By: 	
    /s/ Murray R. McClean    

    
Name:  Murray R. McClean

    Title: President, Chief Executive Officer, 

          and Chairman of the Board of Directors

 

 

    Attest:

 

 

By: /s/ Ann J. Bruder

Name: Ann J. Bruder

Title: Vice President, General Counsel,

          and Corporate Secretary

    

    8

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00167-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00167-of-00352.parquet"}]]