0001518587-13-000035 Sample Contracts

ALERIS CORPORATION
Stock Option Agreement • November 7th, 2013 • Aleris Corp • Secondary smelting & refining of nonferrous metals • Delaware

THIS STOCK OPTION AGREEMENT (the “Agreement”) is made effective as of the date set forth on Exhibit A hereto (the “Grant Date”) between ALERIS CORPORATION, a Delaware corporation f/k/a Aleris Holding Company (together with its successors and assigns) (the “Company”), and the person named on Exhibit A hereto (the “Optionee”). Capitalized terms used and not otherwise defined herein shall have the respective meanings ascribed to them in the Plan (as defined below).

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ALERIS CORPORATION
Restricted Stock Unit Agreement • November 7th, 2013 • Aleris Corp • Secondary smelting & refining of nonferrous metals • Delaware

THIS RESTRICTED STOCK UNIT AGREEMENT (the “Agreement”) is made, effective as of the date set forth on Exhibit A hereto (the “Grant Date”), between ALERIS CORPORATION, a Delaware corporation f/k/a Aleris Holding Company (together with its successors and assigns) (the “Company”), and the person named on Exhibit A hereto (the “Participant”). Capitalized terms used and not otherwise defined herein shall have the respective meanings ascribed to them in the Plan (as defined below).

EMPLOYMENT AGREEMENT
Employment Agreement • November 7th, 2013 • Aleris Corp • Secondary smelting & refining of nonferrous metals • Delaware

AMENDED AND RESTATED EMPLOYMENT AGREEMENT (the “Agreement”), dated and effective as of September 15, 2013, by and among Aleris International, Inc., a Delaware corporation (together with its successors and assigns, the “Company”), for purposes of Sections 2(c), 10, 11(i)(ii) and 11(i)(iii) only, Aleris Corporation, a Delaware corporation f/k/a Aleris Holding Company (together with its successors and assigns, the “Parent”), and Steven Demetriou (the “Executive”).

ALERIS CORPORATION PARTIAL OPTION CANCELLATION AMENDMENT AGREEMENT
Stock Option Agreement • November 7th, 2013 • Aleris Corp • Secondary smelting & refining of nonferrous metals • Delaware

THIS PARTIAL OPTION CANCELLATION AMENDMENT AGREEMENT (this “Agreement), is made and entered into as of September 15, 2013 (the “Effective Date”), by and between Steven Demetriou (the “Optionee”) and Aleris Corporation, a Delaware corporation f/k/a Aleris Holding Company (the “Company”).

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