AMENDMENT NO.6 TO THE
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AGREEMENT FOR THE TRANSFER OF EMPLOYEES
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THIS AMENDMENT, by and between NKK CORPORATION, a Japanese corporation, having
its main office at 0-0-0, Xxxxxxxxxx, Xxxxxxx-xx, Xxxxx, Xxxxx (herein called
"NKK") and NATIONAL STEEL CORPORATION, a Delaware corporation having its
principal office at 0000 Xxxxxx Xxxxx Xxxxxxx, Xxxxxxxxx, XX 00000-0000, X.X.X.
(herein called "NSC"), is made effective December 10, 2001.
WITNESSETH:
WHEREAS, NKK and NSC entered into an Agreement for the Transfer of Employees
dated as of May 1, 1995 (the "Agreement"), pursuant to which certain employees
have been transferred from NKK to NSC for the purpose of providing technical
assistance, consulting services and business assistance to NSC;
WHEREAS, NKK and NSC desire to extend the term of the Agreement for an
additional year, through 2002; and
NOW, THEREFORE, in consideration of the premises and mutual covenants herein
contained, the parties hereto, intending to be legally bound, hereby agree as
follows:
1. Capitalized terms as used herein and not defined herein shall have the same
meaning as set forth in the Agreement.
2. In accordance with Section 15 of the Agreement, the term of the Agreement
is hereby extended for an additional Contract Year, from January 1, 2002
through December 31, 2002 (the "2002 Contract Year").
3. The Reimbursable Expenses Cap for the 2002 Contract Year shall be Six
Million Dollars ($6,000,000).
4. Each party represents and warrants to the other that it has the requisite
power and authority to enter into this Amendment, including, without
limitation, that all necessary corporate proceedings have been duly taken
as required under Section 15 of the Agreement.
5. Except as amended hereby, all of the terms of the Agreement shall remain in
full force and effect.
IN WITNESS WHEREOF, the parties have executed this Amendment No. 6 as of the
date first set forth above.
NATIONAL STEEL CORPORATION NKK CORPORATION
By: By:
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Title: Title:
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Date: Date:
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