0000921895-16-006021 Sample Contracts

SETTLEMENT AGREEMENT
Settlement Agreement • November 7th, 2016 • Raging Capital Management, LLC • Wholesale-metals service centers & offices • Maryland

This SETTLEMENT AGREEMENT (the “Agreement”) is made as of November 4, 2016 by and among A. M. Castle & Co., a corporation organized and existing under the laws of the State of Maryland (the “Company”), the persons and entities listed on Schedule A hereto (collectively, the “Raging Capital Group” and each individually a “Member”) and Steven W. Scheinkman, Kenneth H. Traub, Allan J. Young and Richard N. Burger only with respect to the provisions of this Agreement applicable to Messrs. Scheinkman, Traub, Young and Burger as indicated on the signature page hereto.

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RAGING CAPITAL MASTER FUND, LTD. Ten Princeton Avenue Rocky Hill, New Jersey 08553 November 4, 2016
Stock Purchase Agreement • November 7th, 2016 • Raging Capital Management, LLC • Wholesale-metals service centers & offices • New York

This letter is being delivered in connection with the purchase from Raging Capital Master Fund, Ltd. (“Seller”) by W.B. & Co. (“Purchaser”) of 4,630,795 shares of common stock, par value $0.01 (the “Securities”), of A. M. Castle & Co. (the “Company”) at a purchase price of $0.10 per share.

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