Daniel W. Dienst C/- Metal Management Inc. Level 6 Sims Group House 41 McLaren Street North Sydney NSW 2060 Australia GPO Box 4155 Sydney NSW 2001 Phone 612 9956 9100 Facsimile 612 9954 9680 www.sims-group.com Dear Dan Sims Group Limited ABN 69 114...Sims Group LTD • November 28th, 2007
As you know, on the date of this letter, Sims Group Limited (Sims) intends to enter into an Agreement and Plan of Merger among Sims, MMI Acquisition Corporation and MMI (Merger Agreement). Under the terms of the Merger agreement, if Closing occurs (as defined in that agreement):
February 16, 2007Sims Group LTD • November 28th, 2007
Mr Bob Kelman 40 West 22nd Street New York, NY 10010 Level 6 Sims Group House 41 McLaren Street North Sydney NSW 2060 Australia GPO Box 4155 Sydney NSW 2001 Phone 612 9956 9100 Facsimile 612 9954 9680 www.sims-group.com
Date 2 April 2007 Parties Sims Group Limited (ABN 69 114 838 630) (Sims) Votraint No. 1652 Pty Limited (ACN 124 181 531) (Mitsui))Sims Group LTD • November 28th, 2007
Robert C. Larry Level 5 Sims Group House 41 McLaren Street North Sydney NSW 2060 Australia GPO Box 4155 Sydney NSW 2001 Phone 612 9956 9100 Facsimile 612 9954 9680 www.sims-group.com Sims Group Limited ABN 69 114 838 630Sims Group LTD • November 28th, 2007
We refer to your employment agreement with Metal Management, Inc (MMI) dated 1 July 2001, and amended 10 August 2005 (Employment Agreement).
