Long-Term Incentive Program Participant Grant and Agreement Sample Contracts

CLEVELAND-CLIFFS INC Amendment No. 1 to Long-Term Incentive Program Participant Grant and Agreement for Joseph A. Carrabba

Long-Term Incentive Program Participant Grant and Agreement • May 25th, 2007 • Cleveland Cliffs Inc • Metal mining

• Contract Type
  Long-Term Incentive Program Participant Grant and Agreement
• Filed
  May 25th, 2007
• Company
  Cleveland Cliffs Inc
• Industry
  Metal mining

WHEREAS, effective May 8, 2000, Cleveland Cliffs Inc (the “Company”) established the Cleveland-Cliffs Inc Long-Term Incentive Plan (the “Incentive Plan”) in order to attract and retain executives and other key employees of the Company and its subsidiaries and to align their interests directly with the interests of the shareholders of the Company by increasing the Company’s long-term value and exceeding the performance of peer companies; and