PRIVATE & CONFIDENTIAL November 29, 2007 Christopher J. Moreton Alpharetta, GA 30022 Dear Chris:PNA Intermediate Holding CORP • February 4th, 2008 • Wholesale-metals service centers & offices
We are pleased to extend to you an offer to continue your employment with PNA Group, Inc. (“PNA” and, together with PNA Group Holding Corporation, PNA Intermediate Holding Corporation, its and their direct and indirect subsidiaries and successors, the “Company”) effective as of the date above (“Effective Date”). This letter (the “Agreement”) sets forth your duties and responsibilities, compensation, benefits, and other terms of your employment going forward and supersedes the employment letter you signed on March 5, 2004 and all amendments to that agreement (including but not limited to those dated January 24, 2006 and September 12, 2006).
