0001072613-08-001080 Sample Contracts

CHANGE OF CONTROL SEVERANCE AGREEMENT
Change of Control Severance Agreement • May 5th, 2008 • Schnitzer Steel Industries Inc • Wholesale-misc durable goods • Oregon

AGREEMENT, dated as of the [___] day of [___], [___] (this “Agreement”), by and between Schnitzer Steel Industries, Inc., an Oregon corporation (the “Company”), and [___] (the “Executive”).

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INSTRUMENT OF AMENDMENT
Schnitzer Steel Industries Inc • May 5th, 2008 • Wholesale-misc durable goods • Oregon

INSTRUMENT OF AMENDMENT, dated as of April 29, 2008, by and between SCHNITZER STEEL INDUSTRIES, INC. (the “Company”) and TAMARA L. ADLER (LUNDGREN) (the “Executive”), to the Change in Control Severance Agreement, dated as of March 24, 2006, between the Company and the Executive (the “Change in Control Agreement”) (capitalized terms used but not defined herein shall have the respective meanings given such terms in the Change in Control Agreement).

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