0000950152-05-006301 Sample Contracts

SEVERANCE AGREEMENT

Severance Agreement • July 28th, 2005 • Cleveland Cliffs Inc • Metal mining • Ohio

• Contract Type
  Severance Agreement
• Filed
  July 28th, 2005
• Company
  Cleveland Cliffs Inc
• Industry
  Metal mining
• Jurisdiction
  Ohio

THIS SEVERANCE AGREEMENT (this “Agreement”), dated as of May 23, 2005 is made and entered by and between Cleveland-Cliffs Inc, an Ohio corporation (the “Company”), and Joseph A. Carrabba (the “Executive”).

CLEVELAND-CLIFFS INC Restricted Shares Agreement

Restricted Shares Agreement • July 28th, 2005 • Cleveland Cliffs Inc • Metal mining • Ohio

• Contract Type
  Restricted Shares Agreement
• Filed
  July 28th, 2005
• Company
  Cleveland Cliffs Inc
• Industry
  Metal mining
• Jurisdiction
  Ohio

WHEREAS, the execution of a restricted shares agreement (“Agreement”) in the form hereof has been authorized by a resolution of the Compensation and Organization Committee (the “Committee”) of the Board of Directors (individually a “Director” and collectively the “Board”) of the Company that was duly adopted on April 13, 2005;