0001564590-21-008896 Sample Contracts

SEVERANCE AGREEMENT

Severance Agreement • February 25th, 2021 • TimkenSteel Corp • Steel works, blast furnaces & rolling mills (coke ovens) • Ohio

• Contract Type
  Severance Agreement
• Filed
  February 25th, 2021
• Company
  TimkenSteel Corp
• Industry
  Steel works, blast furnaces & rolling mills (coke ovens)
• Jurisdiction
  Ohio

This Severance Agreement (the “Agreement”) is dated as of __________ ___, 20__ between TimkenSteel Corporation, an Ohio corporation (the “Company”), and __________ (the “Employee”).

TIMKENSTEEL CORPORATION Restricted Share Unit Inducement Award Agreement

Restricted Share Unit Inducement Award Agreement • February 25th, 2021 • TimkenSteel Corp • Steel works, blast furnaces & rolling mills (coke ovens) • Ohio

• Contract Type
  Restricted Share Unit Inducement Award Agreement
• Filed
  February 25th, 2021
• Company
  TimkenSteel Corp
• Industry
  Steel works, blast furnaces & rolling mills (coke ovens)
• Jurisdiction
  Ohio

WHEREAS, the grant of service-based restricted share units evidenced hereby (the “Grant”) was authorized by a resolution of the Compensation Committee (including any successors, the “Committee”) of the Board, and the execution of a restricted share unit inducement award agreement substantially in the form hereof (this “Agreement”) was authorized by a resolution of the Committee;

TIMKENSTEEL CORPORATION Performance-Based Restricted Share Unit Inducement Award Agreement

Restricted Share Unit Inducement Award Agreement • February 25th, 2021 • TimkenSteel Corp • Steel works, blast furnaces & rolling mills (coke ovens) • Ohio

• Contract Type
  Restricted Share Unit Inducement Award Agreement
• Filed
  February 25th, 2021
• Company
  TimkenSteel Corp
• Industry
  Steel works, blast furnaces & rolling mills (coke ovens)
• Jurisdiction
  Ohio

WHEREAS, the grant of performance-based restricted share units evidenced hereby (the “Grant”) was authorized by a resolution of the Compensation Committee (including any successors, the “Committee”) of the Board and the execution of a performance-based restricted share unit inducement award agreement substantially in the form hereof (this “Agreement”) was authorized by a resolution of the Committee;