0001598428-17-000035 Sample Contracts

TIMKENSTEEL CORPORATION Time-Based Restricted Stock Unit Agreement

Time-Based Restricted Stock Unit Agreement • April 27th, 2017 • TimkenSteel Corp • Steel works, blast furnaces & rolling mills (coke ovens) • Ohio

• Contract Type
  Time-Based Restricted Stock Unit Agreement
• Filed
  April 27th, 2017
• Company
  TimkenSteel Corp
• Industry
  Steel works, blast furnaces & rolling mills (coke ovens)
• Jurisdiction
  Ohio

WHEREAS, the grant of Restricted Stock Units evidenced hereby was authorized by a resolution of the Compensation Committee (the “Committee”) of the Board that was duly adopted on February 15, 2017, and the execution of a Restricted Stock Unit Agreement in the form hereof (this “Agreement”) was authorized by a resolution of the Committee duly adopted on February 15, 2017.

Deferred Shares Agreement

Deferred Shares Agreement • April 27th, 2017 • TimkenSteel Corp • Steel works, blast furnaces & rolling mills (coke ovens) • Ohio

• Contract Type
  Deferred Shares Agreement
• Filed
  April 27th, 2017
• Company
  TimkenSteel Corp
• Industry
  Steel works, blast furnaces & rolling mills (coke ovens)
• Jurisdiction
  Ohio

WHEREAS, the grant of Deferred Shares evidenced hereby was authorized by a resolution of the Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of the Company that was duly adopted on February 15, 2017 (the “Date of Grant”), and the execution of a Deferred Shares Agreement in the form hereof (this “Agreement”) was authorized by a resolution of the Committee duly adopted on February 15, 2017.

Nonqualified Stock Option Agreement

Nonqualified Stock Option Agreement • April 27th, 2017 • TimkenSteel Corp • Steel works, blast furnaces & rolling mills (coke ovens) • Ohio

• Contract Type
  Nonqualified Stock Option Agreement
• Filed
  April 27th, 2017
• Company
  TimkenSteel Corp
• Industry
  Steel works, blast furnaces & rolling mills (coke ovens)
• Jurisdiction
  Ohio

WHEREAS, the grant of Option Rights evidenced hereby was authorized by a resolution of the Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of the Company that was duly adopted on February 15, 2017 (the “Date of Grant”), and the execution of an Option Rights agreement in the form hereof (this “Agreement”) was authorized by a resolution of the Committee duly adopted on February 15, 2017; and

TIMKENSTEEL CORPORATION Performance-Based Restricted Stock Unit Agreement

Restricted Stock Unit Agreement • April 27th, 2017 • TimkenSteel Corp • Steel works, blast furnaces & rolling mills (coke ovens) • Ohio

• Contract Type
  Restricted Stock Unit Agreement
• Filed
  April 27th, 2017
• Company
  TimkenSteel Corp
• Industry
  Steel works, blast furnaces & rolling mills (coke ovens)
• Jurisdiction
  Ohio

WHEREAS, the grant of performance-based Restricted Stock Units evidenced hereby was authorized by a resolution of the Compensation Committee (the “Committee”) of the Board that was duly adopted on February 15, 2017, and the execution of a performance-based Restricted Stock Unit Agreement in the form hereof (this “Agreement”) was authorized by a resolution of the Committee duly adopted on February 15, 2017.