0001598428-19-000034 Sample Contracts

TIMKENSTEEL CORPORATION Time-Based Restricted Stock Unit Agreement

Time-Based Restricted Stock Unit Agreement • May 2nd, 2019 • TimkenSteel Corp • Steel works, blast furnaces & rolling mills (coke ovens) • Ohio

• Contract Type
  Time-Based Restricted Stock Unit Agreement
• Filed
  May 2nd, 2019
• Company
  TimkenSteel Corp
• Industry
  Steel works, blast furnaces & rolling mills (coke ovens)
• Jurisdiction
  Ohio

WHEREAS, the grant of service-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 13, 2019, 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 the same date.

Deferred Shares Agreement

Deferred Shares Agreement • May 2nd, 2019 • TimkenSteel Corp • Steel works, blast furnaces & rolling mills (coke ovens) • Ohio

• Contract Type
  Deferred Shares Agreement
• Filed
  May 2nd, 2019
• 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 13, 2019 (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 the same date.

TIMKENSTEEL CORPORATION Performance-Based Restricted Stock Unit Agreement

Restricted Stock Unit Agreement • May 2nd, 2019 • TimkenSteel Corp • Steel works, blast furnaces & rolling mills (coke ovens) • Ohio

• Contract Type
  Restricted Stock Unit Agreement
• Filed
  May 2nd, 2019
• 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 13, 2019, 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 13, 2019.

Nonqualified Stock Option Agreement

Nonqualified Stock Option Agreement • May 2nd, 2019 • TimkenSteel Corp • Steel works, blast furnaces & rolling mills (coke ovens) • Ohio

• Contract Type
  Nonqualified Stock Option Agreement
• Filed
  May 2nd, 2019
• 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 13, 2019 (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 that date; and