0001104659-13-065850 Sample Contracts

SPECIAL SEVERANCE AGREEMENT [2x]
Severance Agreement • August 23rd, 2013 • Carpenter Technology Corp • Steel works, blast furnaces & rolling mills (coke ovens) • Delaware

AGREEMENT, dated as of the 22nd day of October 2007, (this “Agreement”), by and between Carpenter Technology Corporation, a Delaware corporation (the “Company”), and (the “Executive”).

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CARPENTER TECHNOLOGY CORPORATION STOCK-BASED INCENTIVE COMPENSATION PLAN FOR OFFICERS AND KEY EMPLOYEES ONE-YEAR PERFORMANCE STOCK UNIT AWARD AGREEMENT
One-Year Performance Stock Unit Award Agreement • August 23rd, 2013 • Carpenter Technology Corp • Steel works, blast furnaces & rolling mills (coke ovens)

AGREEMENT, effective as of [DATE] (the “Award Date”) by and between CARPENTER TECHNOLOGY CORPORATION (the “Company”) and [ ] (the “Participant”). Capitalized terms that are not defined in this Agreement have the same meaning as defined in the CARPENTER TECHNOLOGY CORPORATION STOCK-BASED INCENTIVE COMPENSATION PLAN FOR OFFICERS AND KEY EMPLOYEES (the “Plan”), a copy of which is attached. The terms, conditions and provisions of the Plan are applicable to this Award Agreement and are incorporated by reference.

CARPENTER TECHNOLOGY CORPORATION STOCK-BASED INCENTIVE COMPENSATION PLAN FOR OFFICERS AND KEY EMPLOYEES THREE-YEAR PERFORMANCE STOCK UNIT AWARD AGREEMENT
Three-Year Performance Stock Unit Award Agreement • August 23rd, 2013 • Carpenter Technology Corp • Steel works, blast furnaces & rolling mills (coke ovens)

AGREEMENT, effective as of [DATE] (the “Award Date”) by and between CARPENTER TECHNOLOGY CORPORATION (the “Company”) and [ ] (the “Participant”). Capitalized terms that are not defined in this Agreement have the same meaning as defined in the CARPENTER TECHNOLOGY CORPORATION STOCK-BASED INCENTIVE COMPENSATION PLAN FOR OFFICERS AND KEY EMPLOYEES (the “Plan”), a copy of which is attached. The terms, conditions and provisions of the Plan are applicable to this Award Agreement and are incorporated by reference.

FORM OF] NOTE
Credit Agreement • August 23rd, 2013 • Carpenter Technology Corp • Steel works, blast furnaces & rolling mills (coke ovens) • New York

FOR VALUE RECEIVED, each of the Borrowers hereby promises to pay to or registered assigns (the “Lender”), in accordance with the provisions of the Agreement (as hereinafter defined), the principal amount of each Loan from time to time made by the Lender to the Borrowers under that certain Credit Agreement, dated as of June 28, 2013 (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the “Agreement”; the terms defined therein being used herein as therein defined), among Carpenter, the Subsidiary Borrowers from time to time party thereto, the Lenders from time to time party thereto and Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer.

NON-COMPETITION AGREEMENT
Non-Competition Agreement • August 23rd, 2013 • Carpenter Technology Corp • Steel works, blast furnaces & rolling mills (coke ovens) • Pennsylvania

This Non-Competition Agreement, made this 31st day of December, 2012 (“Agreement”), is by and between Carpenter Technology Corporation (the “Company”), and Mark S. Kamon (hereinafter the “Employee”).

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