Management Equity Investment and Incentive Term Sheet Sample Contracts

AMENDMENT TO LAYLE K. SMITH’S TERM SHEET DATED MARCH 3, 2008

Management Equity Investment and Incentive Term Sheet • November 16th, 2009 • Noranda Aluminum Holding CORP • Primary production of aluminum

• Contract Type
  Management Equity Investment and Incentive Term Sheet
• Filed
  November 16th, 2009
• Company
  Noranda Aluminum Holding CORP
• Industry
  Primary production of aluminum

This Amendment (the “Amendment”) to the Management Equity Investment and Incentive Term Sheet (the “Termsheet”), dated as of March 3, 2008, between Noranda Aluminum Holding Corporation (the “Parent”), Noranda Aluminum, Inc. (the “Company”) and Layle K. Smith (the “Executive”), is made and entered into as of the 12th day of November, 2009.