Exhibit 10(r)
FIRST AMENDMENT
TO
TRUST AGREEMENT NO. 2
(Amended and Restated Effective June 1, 1997)
WHEREAS, Cleveland-Cliffs Inc ("Cleveland-Cliffs") and AmeriTrust Company
National Association entered into Trust Agreement No. 2 (the "Agreement")
effective October 28, 1987; and
WHEREAS, Key Trust Company of Ohio, N.A. (The "Trustee") is the successor
in interest to Society National Bank, which was the successor in interest to
AmeriTrust Company National Association; and
WHEREAS, Cleveland-Cliffs and the Trustee amended and restated the
Agreement effective as of June 1, 1997; and
WHEREAS, Cleveland-Cliffs and the Trustee desire to amend an Exhibit to the
Agreement;
NOW, THEREFORE, effective July 1, 1997, Cleveland-Cliffs and the Trustee
hereby amend the Agreement by revising EXHIBIT A thereto, which EXHIBIT A is
attached hereto and made a part hereof, to provide as hereinafter set forth in
such attached EXHIBIT A.
* * *
IN WITNESS WHEREOF, Cleveland-Cliffs and the Trustee have executed this
First Amendment at Cleveland, Ohio this 15th day of July, 1997.
CLEVELAND-CLIFFS INC
By: /s/ X.X. Xxxxx
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Title: Vice President - Human Resources
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KEYTRUST COMPANY OF OHIO, N.A.,
By: /s/ Xxxxxx Xxxxx
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Title: Vice President
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and
By: /s/ X.X. Xxxxxxx
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Title: VP
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Executives Exhibit A
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Name Title
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M. T. Xxxxx Chairman and Chief Executive Officer
X. X. Xxxxxx Executive Vice President-Finance and Planning
X. X. Xxxxxx Executive Vice President-Commercial
X. X. X'Xxxx Executive Vice President-Operations
Key Employees
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Name Title
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X. X. Xxxxxxx Senior Vice President-International Development
A. S. West Senior Vice President-Sales
X. X. Xxxxx Vice President and Treasurer
X. X. Xxxxxxxx Vice President-Reduced Iron
X. Xxxxx Vice President and Controller
F. L. Xxxxxxx Vice President and General Counsel
X. X. Xxxxx Vice President-Human Resources
X. X. Xxxxxxxxx Vice President-Operations Services
X. X. Xxxxxxx Secretary and Assistant General Counsel
X. X. Xxxxxxxx General Manager-Northshore Mine
X. X. Xxxxxx General Manager-Hibbing Taconite
X. Xxxxx General Manager-Wabush Mines
X. X. Xxxxxx General Manager-Xxxxxx Mine
X. X. Xxxxxxxx General Manager-Empire Mine
X. X. Xxxxx General Manager-LTV Steel Mining Company
X. X. xxx Xxxxxx General Manager-Cliffs Reduced Iron Corp.
7-1-97