FORM OF AMENDMENT AGREEMENTAmendment Agreement • September 8th, 2021 • Algoma Steel Group Inc. • Steel works, blast furnaces & rolling mills (coke ovens) • New York
THIS AMENDMENT AGREEMENT (this “Agreement”) is entered into and effective as of [ ], 2021, by and among Legato Merger Corp., a Delaware corporation (“Legato”), Algoma Steel Group Inc. (formerly known as 1295908 B.C. Ltd.), a company organized under the laws of the Province of British Columbia (“Algoma”), Continental Stock Transfer & Trust Company, a New York limited purpose trust company (“Continental”), as warrant agent, and TSX Trust Company, a company existing under the laws of Canada (“TSX”), as Canadian co-warrant agent (“Co-Agent”). Capitalized terms used but not defined herein have the meanings given to such terms in the Warrant Agreement (as defined below).
INVESTOR RIGHTS AGREEMENT dated as of [•], among ALGOMA STEEL GROUP INC. and CERTAIN SHAREHOLDERS OF ALGOMA STEEL GROUP INC.Investor Rights Agreement • September 8th, 2021 • Algoma Steel Group Inc. • Steel works, blast furnaces & rolling mills (coke ovens) • New York
This Investor Rights Agreement (the “Agreement”), by and among Algoma Steel Group Inc., a corporation organized under the laws of British Columbia (the “Company”), and the holders of the Shares (as defined below) who are or become party to this Agreement, is effective as of [•], 2021 (the “Effective Date”). Capitalized terms used without definition shall have the meanings assigned thereto in ARTICLE I.
