Amendment to Employment Agreement between National Steel Corporation and Glenn H. Gage

Summary

National Steel Corporation and Glenn H. Gage, Senior Vice President and CFO, agree to extend Gage's employment contract for two more years, from August 1, 2000, to July 31, 2002. Requested modifications to the agreement will be reviewed by the Compensation Committee and require Board approval. Gage is asked to confirm his acceptance of the extension by July 31, 2000.

EX-10.(A) 3 0003.txt AMENDMENT TO EMPLOYMENT CONTRACT EXHIBIT 10(A) [LOGO APPEARS HERE] - -------------------------------------------------------------------------------- Internal Correspondence L. F. Zizzo Vice President - Human Resources National Steel Corporation 4100 Edison Lakes Parkway Mishawaka, IN ###-###-#### ###-###-#### HAND DELIVERED - -------------- CONFIDENTIAL To: G. H. Gage Senior Vice President and Chief Financial Officer From: L. F. Zizzo Re: Employment Agreement -------------------- Date: July 25, 2000 This letter will confirm that National Steel Corporation is agreeable to extending your Employment Agreement for an additional two years, from August 1, 2000 to July 31, 2002. In connection with your memorandum to Y. Tanaka and me, dated July 17, 2000, in which you request certain modifications to your Employment Agreement, these modifications will be considered at the Compensation Committee Meeting to be held on August 7, 2000. Any changes to your Employment Agreement will require Board approval. Please confirm to me by July 31, 2000 your agreement to extend your Employment Agreement for an additional two years, to July 31, 2002. AGREED TO: BY /s/ Glenn H. Gage ----------------- Glenn H. Gage