FIRST AMENDMENT TO TRANSITION AGREEMENTTransition Agreement • August 17th, 2011 • TMS International Corp. • Steel works, blast furnaces & rolling & finishing mills
THIS FIRST AMENDMENT TO TRANSITION AGREEMENT (this “Amendment”) is made and entered into as of August 16, 2011 by and among TMS International Corp., a Delaware corporation formerly known as Metal Services Acquisition Corp. (“Parent”1), Tube City IMS Corporation, a Delaware corporation (the “Company”), I Michael Coslov ( “Executive”), IMC Tube City Investments, LLC (“IMC LLC”) and IMC Tube City Holdings, Inc. (“IMC Holdings,” together with IMC LLC, the “IMC Entities”), and amends the Transition Agreement, made and entered into as of July 24, 2009 among Parent, the Company, the Executive, and each of the IMC Entities (the “Agreement”). Parent, the Company, Executive, and the IMC Entities are collectively referred to in this Amendment as the “Parties”.
