Metals USA, Inc.
0000 Xxxxxxx -Xxxxx 000X
Xxxxxxx, Xxxxx 00000
July ___, 1997
To the Stockholders of the Companies
Reference is made to those certain Agreements and Plans of Organization (the
"Agreements"), each dated as of April 30, 1997, by and among the parties as
reflected on Exhibit A attached hereto. Each of the undersigned hereby agrees,
and Metals USA, Inc., a Delaware corporation ("Metals"), hereby agrees with
respect to Section 5, as follows:
1. NONCOMPETITION. Each of the undersigned hereby agrees to adhere to and
be bound by the terms, covenants, restrictions, prohibitions and limitations of
Section 13 of the Agreements as if each of the undersigned was a STOCKHOLDER as
defined therein.
2. NONDISCLOSURE OF CONFIDENTIAL INFORMATION. Each of the undersigned
hereby agrees to adhere to and be bound by the terms, covenants, restrictions,
prohibitions and limitations of Section 14.1, 14.3 and 14.4 of the Agreements as
if each of the undersigned was a STOCKHOLDER as defined therein, and agrees to
adhere to and be bound by the terms, covenants, restrictions, prohibitions and
limitations of Sections 14.2, 14.3 and 14.4 of the Agreements as if each was
METALS and NEWCO as defined therein.
3. TRANSFER RESTRICTIONS. Each of the undersigned hereby agrees to adhere
to and be bound by the terms, covenants, restrictions, prohibitions and
limitations of Section 15 of the Agreements with respect to all of the shares of
Metals Common Stock owned of record by each of the undersigned as of the Funding
and Consummation Date (as defined in the Agreements) as if each of the
undesigned was a STOCKHOLDER as defined therein. Each of the undersigned
expressly acknowledges and agrees that the stock certificates evidencing all of
such shares shall bear the restrictive legend contained in Section 15.1 of the
Agreements.
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4. FEDERAL SECURITIES ACT REPRESENTATIONS. Each of the undersigned hereby
agrees to adhere to and be bound by the terms, covenants, restrictions,
prohibitions and limitations of Section 16 of the Agreements with respect to all
of the shares of Metals Common Stock owned of record by the undersigned as of
the Funding and Consummation Date as if each of the undesigned was a STOCKHOLDER
as defined therein. Further, each of the undersigned expressly acknowledges and
agrees that the stock certificates evidencing all of such shares shall bear the
restrictive legend contained in Section 16.1 of the Agreements.
5. REGISTRATION RIGHTS. Metals hereby grants each of the undersigned the
same piggyback registration rights set forth in Section 17.1 of the agreements
granted to the STOCKHOLDERS (as defined in the Agreements), subject to the
terms, covenants, restrictions, prohibitions and limitations of Sections 17.3,
17.4 and 17.5 of the Agreements, which the undersigned agree to adhere to and to
be bound by.
6. COUNTERPARTS. This letter may be executed simultaneously in two (2) or
more counterparts, each of which shall be deemed an original and all of which
together shall constitute but one and the same instrument.
IN WITNESS WHEREOF, the parties hereto have set their hands as of the day
and year first above written.
Notre Capital Ventures II, L.L.C.
By:________________________________
Name: Xxxxxx X. Xxxxxx
Title: President
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Xxxxxx X. Xxxxxx
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X. Xxxxxxx Xxxxxxx
XXXXXXX X. XXXX AND XXXXXXXX XXXX,
JTWROS
By:__________________________________
Xxxxxxx X. Xxxx
By:__________________________________
Xxxxxxxx Xxxx
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Xxxxx Xxxxxxx
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Xxxxx X. Xxxxxxxx
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Xxxx Xxxxxxxxxx
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Xxxxxxx Xxxx XxXxxx
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Xxxx X. Xxxxxxxx
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Xxxxxx X. Xxxxx
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Xxxxxxx X. Xxxxx
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Xxxxx Xxxxxx Xxxxx
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Xxxxxxx X. Xxxxxx
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Xx. Xxxxxxx X. Xxxxxxxxx
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InfoScope Partners, Inc.
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Xxxxxxxx Xxxxxxxxxx
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Xxxxxxx Xxxxx
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L.E. Peterson
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Xxx Xxxxxxxxxx
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Xxxxx X. Xx. Xxxxx
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X. Xxxxxxx Xxxxxx
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Xxxxxx X. Xxxxxxxxx
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Xxxx X. Xxxxxxx
XXXX X. XXXXXXX AND XXXXX
XXXXXXX, JTWROS
By:__________________________________
Xxxx X. Xxxxxxx
By:__________________________________
Xxxxx Xxxxxxx
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Xxxxxx XxXxxx
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Xxxxx Xxxxxxxxxx
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Xxxxxx Xxxxxxxx
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Xxxxxxx Xxxxxxx
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Xxxx Xxxxx
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Xxxxxxxx Xxxxx
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Xxxxxxx X. Xxxxxx
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Xxxxxx Xxxxxxxx
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Xxxxxxx X. Xxxx
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Xxxxxxx X. Xxxxxxxxx
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Xxxxx X. Xxxxxxx
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Xxxxxx X. XxXxxxxxx
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Xxxxxxx X. Xxxxxxxxxxx
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Xxxxx X. Xxxxxx
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Xxxxxxx X. Xxxxxxxxx
XXXXXX X. XXXXXXX AND XXXXXX X.
XXXXXXX, JTWROS
By:__________________________________
Xxxxxx X. Xxxxxxx
By:__________________________________
Xxxxxx X. Xxxxxxx
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Xxxxxxx X. Xxxxxx
XXXXXX FRENCH XXXXX 1997 TRUST
By: ___________________________________
Xxxxxx X. Xxxxxx, Trustee
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XXXX XXXXX XXXXX 1997 TRUST
By: ___________________________________
Xxxxxx X. Xxxxxx, Trustee
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Xxxxx Xxxxxx Xxxxx
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Xxxxxx Xxxxxx Xxxxxx XXX
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Xxxxxxx X. Xxxx, as custodian for Xxx Xxxx
Xxxx under the T.U.G.M.A.
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Xxxxxxx X. Xxxx, as custodian for Xxxxxxx
Xxxx Xxxx under the T.U.G.M.A.
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X. Xxxxxxx Xxxxxxx, as custodian for Xxxx
Xxxxxxx Xxxxxxx under the T.U.G.M.A.
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X. Xxxxxxx Xxxxxxx, as custodian for Xxxxx
Xxxxxxx Xxxxxxx under the T.U.G.M.A.
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Xxxx X. Xxxxxxx, as custodian for Xxxxxxx
Xxxxxxx under the T.U.G.M.A.
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Xxxx X. Xxxxxxx, as custodian for Xxxxxxx
Xxxxxxx under the T.U.G.M.A.
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Xxxx X. Xxxxxxx, as custodian for Xxxxx
Xxxxxxx under the T.U.G.M.A.
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Xxxxx X. Xx. Xxxxx, as custodian for Xxxxxxx
Xxxxxx Xx. Xxxxx under the T.U.G.M.A.
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Xxxxx X. Xx. Xxxxx, as custodian for Xxxxxx
Xxxxxxx Xx. Xxxxx under the T.U.G.M.A.
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ACCEPTED AND AGREED, as of the day and year first above written as to Section 5.
METALS USA, INC.
By:___________________________________
/jeg
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Page 12
EXHIBIT A
Affiliated Metals, Inc.
Interstate Steel Supply Company
Queensboro Steel Corporation
Southern Alloy of America, Inc.
Steel Service Systems, Inc.
Texas Aluminum Industries, Inc./Cornerstone Metals
Uni-Steel, Inc.
Xxxxxxxx Steel & Supply Co., Inc.
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