CLIFFS NATURAL RESOURCES INC. CASH RETENTION AWARD MEMORANDUMCash Retention Award Agreement • October 29th, 2015 • Cliffs Natural Resources Inc. • Metal mining • Ohio
This Cash Retention Award Agreement (this “Agreement”) is between Cliffs Natural Resources Inc., an Ohio corporation (the “Company”), and you, the person named in the Cash Retention Award Memorandum (the “Award Memorandum”) who is an employee of the Company or a Subsidiary of the Company (the "Participant"). For purposes of this Agreement, “Employer” means the entity (the Company or Subsidiary) that employs the Participant on the applicable date. This Agreement is effective as of the Date of Grant set forth in the Award Memorandum.
