Common use of SEVERABILITY, ALIENATION, ETC Clause in Contracts

SEVERABILITY, ALIENATION, ETC. (a) Any provision of this Trust Agreement No. 1 prohibited by law shall be ineffective to the extent of any such prohibition without invalidating the remaining provisions hereof. (b) To the extent permitted by law, Benefits to Trust Beneficiaries under this Trust Agreement No. l may not be anticipated, assigned (either at law or in equity), alienated or subject to attachment, garnishment, levy, execution or other legal or equitable process and no benefit provided for herein and actually paid to any Trust Beneficiary by the Trustee shall be subject to any claim for repayment by Cleveland-Cliffs or Trustee. (c) This Trust Agreement No. 1 shall be governed by and construed in accordance with the laws of the State of Ohio, without giving effect to the principles of conflict of laws thereof. (d) This Trust Agreement No. l may be executed in two or more counterparts, each of which shall be considered an original agreement. This Trust Agreement No. 1 shall become effective immediately upon the execution by Cleveland-Cliffs of at least one counterpart, it being understood that all parties need not sign the same counterpart, but shall not bind any Trustee until such Trustee has executed at least one counterpart.

SEVERABILITY, ALIENATION, ETC. (a) Any provision of this Trust Agreement No. 1 2 prohibited by law shall be ineffective to the extent of any such prohibition without invalidating the remaining provisions hereof. (b) To the extent permitted by law, Benefits benefits to Trust Beneficiaries Indemnitees under this Trust Agreement No. l 2 may not be anticipatedanticipated (except as herein expressly provided), assigned (either at law or in equity), alienated or subject to attachment, garnishment, levy, execution or other legal or equitable process and no process. No benefit provided for herein and actually paid to any Trust Beneficiary Indemnitee by the Trustee shall be subject to any claim for repayment by Cleveland-Cliffs the Company or Trustee, except in the event of (i) a false claim, or (ii) a payment is made to an incorrect Indemnitee. (c) This Trust Agreement No. 1 2 shall be governed by and construed in accordance with the laws of the State of Ohio, without giving effect to the principles of conflict of laws thereof. (d) This Trust Agreement No. l 2 may be executed in two or more counterparts, each of which shall be considered an original agreement. This Trust Agreement No. 1 2 shall become effective immediately upon the execution by Cleveland-Cliffs of at least one counterpart, it being understood that all parties need not sign the same counterpart, but shall not bind any Trustee until such Trustee has executed at least one counterpart.

SEVERABILITY, ALIENATION, ETC. (a) Any provision of this Trust Agreement No. 1 6 prohibited by law shall be ineffective to the extent of any such prohibition without invalidating the remaining provisions hereof. (b) To the extent permitted by law, Benefits benefits to Trust Beneficiaries Indemnitees under this Trust Agreement No. l 6 may not be anticipatedanticipated (except as herein expressly provided), assigned assigned, (either at law or in equity), ) alienated or subject to attachment, garnishment, levy, execution or other legal or equitable process and no process. No benefit provided for herein and actually paid to any Trust Beneficiary Indemnitee by the Trustee shall be subject to any claim for repayment by Cleveland-Cliffs or Trustee, except in the event of (i) a false claim, or (ii) a payment is made to an incorrect Indemnitee. (c) This Trust Agreement No. 1 6 shall be governed by and construed in accordance with the laws of the State of Ohio, without giving effect to the principles of conflict of laws thereof. (d) This Trust Agreement No. l 6 may be executed in two or more counterparts, each of which shall be considered an original agreement. This Trust Agreement No. 1 6 shall become effective immediately upon the execution by Cleveland-Cliffs of at least one counterpart, it being understood that all parties need not sign the same counterpart, but shall not bind any Trustee until such Trustee has executed at least one counterpart.

SEVERABILITY, ALIENATION, ETC. (a) Any provision of this Trust Agreement No. 1 2 prohibited by law shall be ineffective to the extent of any such prohibition without invalidating the remaining provisions hereof. (b) To the extent permitted by law, Benefits benefits to Trust Beneficiaries Indemnitees under this Trust Agreement No. l 2 may not be anticipatedanticipated (except as herein expressly provided), assigned (either at law or in equity), alienated or subject to attachment, garnishment, levy, execution or other legal or equitable process and no process. No benefit provided for herein and actually paid to any Trust Beneficiary Indemnitee by the Trustee shall be subject to any claim for repayment by Cleveland-Cliffs the Company or Trustee, except in the event of (i) a false claim, or (ii) a payment is made to an incorrect Indemnitee. (c) This Trust Agreement No. 1 2 shall be governed by and construed in accordance with the laws of the State of Ohio, without giving effect to the principles of conflict of laws thereof. (d) This Trust Agreement No. l 2 may be executed in two or more counterparts, each of which shall be considered an original agreement. This Trust Agreement No. 1 2 shall become effective immediately upon the execution by Cleveland-Cliffs of at least one counterpart, it being understood that all parties need not sign the same counterpart, but shall not bind any Trustee until such Trustee has executed at least one counterpart.parties

SEVERABILITY, ALIENATION, ETC. (a) Any provision of this Trust Agreement No. 1 prohibited by law shall be ineffective to the extent of any such prohibition without invalidating the remaining provisions hereof. (b) To the extent permitted by law, Benefits to Trust Beneficiaries under this Trust Agreement No. l 1 may not be anticipated, assigned (either at law or in equity), alienated or subject to attachment, garnishment, levy, execution or other legal or equitable process and no benefit provided for herein and actually paid to any Trust Beneficiary by the Trustee shall be subject to any claim for repayment by Cleveland-Cliffs or Trustee. (c) This Trust Agreement No. 1 shall be governed by and construed in accordance with the laws of the State of Ohio, without giving effect to the principles of conflict of laws thereof. (d) This Trust Agreement No. l 1 may be executed in two or more counterparts, each of which shall be considered an original agreement. This Trust Agreement No. 1 shall become effective immediately upon the execution by Cleveland-Cliffs of at least one counterpart, it being understood that all parties need not sign the same counterpart, but shall not bind any Trustee until such Trustee has executed at least one counterpart.

SEVERABILITY, ALIENATION, ETC. (a) Any provision of this Trust Agreement No. 1 2 prohibited by law shall be ineffective to the extent of any such prohibition without invalidating the remaining provisions hereof. (b) To the extent permitted by law, Benefits benefits to Trust Beneficiaries Indemnitees under this Trust Agreement No. l 2 may not be anticipatedanticipated (except as herein expressly provided), assigned (either at law or in equity), alienated or subject to attachment, garnishment, levy, execution or other legal or equitable process and no process. No benefit provided for herein and actually paid to any Trust Beneficiary Indemnitee by the Trustee shall be subject to any claim for repayment by Cleveland-Cliffs the Company or Trustee, except in the event of (i) a false claim, or (ii) a payment is made to an incorrect Indemnitee. (c) This Trust Agreement No. 1 2 shall be governed by and construed in accordance with the laws of the State of Ohio, without giving effect to the principles of conflict of laws thereof. (d) This Trust Agreement No. l 2 may be executed in two or more counterparts, each of which shall be considered an original agreement. This Trust Agreement No. 1 2 shall become effective immediately upon the execution by Cleveland-Cliffs of at least one counterpart, it being understood that all parties need not sign the same counterpart, but shall not bind any Trustee until such Trustee has executed at least one counterpart.19 19

SEVERABILITY, ALIENATION, ETC. (a) Any provision of this Trust Agreement No. 1 7 prohibited by law shall be ineffective to the extent of any such prohibition without invalidating the remaining provisions hereof. (b) To the extent permitted by law, Benefits benefits to Trust Participants and Beneficiaries under this Trust Agreement No. l 7 may not be anticipated, assigned (either at by law or in equity), alienated or subject to attachment, garnishment, levy, execution or other legal or equitable process and no benefit provided for herein and actually paid to any Trust Participant or Beneficiary by the Trustee shall be subject to any claim for repayment by Cleveland-Cliffs any Participating Employer or the Trustee. (c) This Trust Agreement No. 1 7 shall be governed by and construed in accordance with the laws of the State of Ohio, without giving effect to the principles of conflict of laws thereof. (d) This Trust Agreement No. l 7 may be executed in two or more counterparts, each of which shall be considered an original agreement. This Trust Agreement No. 1 7 shall become effective immediately upon the execution by Cleveland-Cliffs of at least one counterpart, it being understood that all parties need not sign the same counterpart, but shall not bind any Trustee until such Trustee has executed at least one counterpart. (e) Each action taken by Cleveland-Cliffs hereunder shall, unless otherwise designated in such action by Cleveland-Cliffs or unless the context or this Trust Agreement No. 7 requires otherwise, be deemed to be an action of Cleveland-Cliffs on behalf of each Participating Subsidiary pursuant to the authority granted to Cleveland-Cliffs by such Participating Subsidiary in the Deposit Agreement.