0001193125-06-006402 Sample Contracts

Form of Incentive and Nonqualified Stock Option Agreement AMENDMENT (Change of Control) TO STOCK OPTION AGREEMENT
Stock Option Agreement • January 13th, 2006 • Chaparral Steel CO • Steel works, blast furnaces & rolling & finishing mills • Delaware

This amendment (the “Amendment”) is entered into effective as of January 13, 2006, by and between Chaparral Steel Company, a Delaware corporation (the “Company”), and the other signatory to this Amendment (the “Grantee”), and evidences,

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Form of Change of Control/Severance Agreement CHANGE OF CONTROL/SEVERANCE AGREEMENT
Change of Control/Severance Agreement • January 13th, 2006 • Chaparral Steel CO • Steel works, blast furnaces & rolling & finishing mills • Texas

This CHANGE OF CONTROL/SEVERANCE AGREEMENT (“Agreement”), effective as of January , 2006, by and between Chaparral Steel Company, a Delaware corporation (the “Company”), and (the “Executive”), evidences that;

Employment Agreement EMPLOYMENT AGREEMENT
Employment Agreement • January 13th, 2006 • Chaparral Steel CO • Steel works, blast furnaces & rolling & finishing mills • Texas

This Employment Agreement (“Agreement”), made effective as of the 13th day of January, 2006 (the “Effective Date”), by and between CHAPARRAL STEEL COMPANY, a Delaware corporation (hereinafter referred to as the “Company”), and TOMMY A. VALENTA (hereinafter referred to as the “Executive”).

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