Adjustment to Outstanding Stock Options Sample Contracts

Letterhead of Holding]
Adjustment to Outstanding Stock Options • December 22nd, 2004 • Jorgensen Earle M Co /De/ • Wholesale-metals service centers & offices

This letter is to confirm our agreement with respect to certain changes that will be made to your outstanding stock option(s) that were granted pursuant to the terms of the Earle M. Jorgensen Holding Company, Inc. Option Plan.

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