TRADEMARK LICENSE AGREEMENT BY AND BETWEEN WORTHINGTON INDUSTRIES, INC. AND WORTHINGTON STEEL, INC. DATED AS OF NOVEMBER 30, 2023Trademark License Agreement • December 5th, 2023 • Worthington Enterprises, Inc. • Steel works, blast furnaces & rolling & finishing mills • Ohio
This TRADEMARK LICENSE AGREEMENT (this “Agreement”) is entered into effective as of November 30, 2023 (the “Effective Date”), by and between Worthington Industries, Inc., an Ohio corporation (“New Worthington”) and Worthington Steel, Inc., an Ohio corporation (“Worthington Steel”). New Worthington and Worthington Steel are each a “Party” and are sometimes referred to herein collectively as the “Parties”.
SEPARATION AND DISTRIBUTION AGREEMENT BY AND BETWEEN WORTHINGTON INDUSTRIES, INC. AND WORTHINGTON STEEL, INC. DATED AS OF NOVEMBER 30, 2023Separation and Distribution Agreement • December 5th, 2023 • Worthington Enterprises, Inc. • Steel works, blast furnaces & rolling & finishing mills • Ohio
This SEPARATION AND DISTRIBUTION AGREEMENT is entered into effective as of November 30, 2023 (this “Agreement”), by and between Worthington Industries, Inc., an Ohio corporation (“New Worthington”), and Worthington Steel, Inc., an Ohio corporation and wholly owned subsidiary of New Worthington (“Worthington Steel”). New Worthington and Worthington Steel are each a “Party” and are sometimes referred to herein collectively as the “Parties.” Capitalized terms used herein and not otherwise defined shall have the respective meanings assigned to them in Article I.
TAX MATTERS AGREEMENT BY AND BETWEEN WORTHINGTON INDUSTRIES, INC. AND WORTHINGTON STEEL, INC. DATED AS OF NOVEMBER 30, 2023Tax Matters Agreement • December 5th, 2023 • Worthington Enterprises, Inc. • Steel works, blast furnaces & rolling & finishing mills • Ohio
This TAX MATTERS AGREEMENT (this “Agreement”) is entered into effective as of November 30, 2023, by and between Worthington Industries, Inc., an Ohio corporation (“New Worthington”), and Worthington Steel, Inc., an Ohio corporation and a wholly owned subsidiary of New Worthington (“Worthington Steel”). New Worthington and Worthington Steel are each a “Party” and are sometimes referred to herein collectively as the “Parties.” Capitalized terms used herein and not otherwise defined shall have the respective meanings assigned to them in Article I of this Agreement.
EMPLOYEE MATTERS AGREEMENT BY AND BETWEEN WORTHINGTON INDUSTRIES, INC. AND WORTHINGTON STEEL, INC. DATED AS OF NOVEMBER 30, 2023Employee Matters Agreement • December 5th, 2023 • Worthington Enterprises, Inc. • Steel works, blast furnaces & rolling & finishing mills • Ohio
This EMPLOYEE MATTERS AGREEMENT (this “Agreement”), dated as of November 30, 2023, is entered into by and between Worthington Industries, Inc., an Ohio corporation (“New Worthington”), and Worthington Steel, Inc., an Ohio corporation and wholly owned subsidiary of New Worthington (“Worthington Steel”). “Party” or “Parties” means New Worthington or Worthington Steel, individually or collectively, as the case may be. Capitalized terms used in this Agreement shall have the meanings set forth in Section 1.1.
STEEL SUPPLY AND SERVICES AGREEMENT BY AND BETWEEN WORTHINGTON INDUSTRIES, INC. AND WORTHINGTON STEEL, INC. DATED AS OF NOVEMBER 30, 2023Steel Supply and Services Agreement • December 5th, 2023 • Worthington Enterprises, Inc. • Steel works, blast furnaces & rolling & finishing mills • Ohio
This STEEL SUPPLY AND SERVICES AGREEMENT (this “Agreement”) is made as of November 30, 2023 (the “Effective Date”) by and between Worthington Industries, Inc. (“Purchaser”), an Ohio corporation having its principal place of business at 200 West Old Wilson Bridge Road, Columbus, OH 43085, and Worthington Steel, Inc. (“Supplier”), an Ohio corporation having its principal place of business at 100 West Old Wilson Bridge Road, Columbus, OH 43085. Purchaser and Supplier may each be referred to, singularly, as a “Party” and, collectively, as the “Parties.” The Parties agree as follows:
WBS LICENSE AGREEMENT BY AND BETWEEN WORTHINGTON INDUSTRIES, INC. AND WORTHINGTON STEEL, INC. DATED AS OF NOVEMBER 30, 2023License Agreement • December 5th, 2023 • Worthington Enterprises, Inc. • Steel works, blast furnaces & rolling & finishing mills • Ohio
This WBS LICENSE AGREEMENT (this “Agreement”) is entered into effective as of November 30, 2023 (the “Effective Date”), by and between Worthington Industries, Inc., an Ohio corporation (“New Worthington”) and Worthington Steel, Inc., an Ohio corporation (“Worthington Steel”). New Worthington and Worthington Steel are each a “Party” and are sometimes referred to herein collectively as the “Parties”.
TRANSITION SERVICES AGREEMENT BY AND BETWEEN WORTHINGTON INDUSTRIES, INC. AND WORTHINGTON STEEL, INC. DATED AS OF NOVEMBER 30, 2023Transition Services Agreement • December 5th, 2023 • Worthington Enterprises, Inc. • Steel works, blast furnaces & rolling & finishing mills • Ohio
This TRANSITION SERVICES AGREEMENT (this “Agreement”) is entered into effective as of November 30, 2023 (the “Effective Date”), by and between Worthington Industries, Inc., an Ohio corporation (“New Worthington”), and Worthington Steel, Inc., an Ohio corporation (“Worthington Steel”). New Worthington and Worthington Steel are each a “Party” and are sometimes referred to herein collectively as the “Parties”.
