Registrants First Amendment to Deferred Compensation Plan effective January 1, 2013
THE RELIANCE STEEL & ALUMINUM CO.
DEFERRED COMPENSATION PLAN
(Amended and Restated Effective January 1, 2013)
THIS FIRST AMENDMENT (the “Amendment”) to the Reliance Steel & Aluminum Co. Deferred Compensation Plan, as amended from time to time (the “Plan”) is made as of December 22, 2020.
WHEREAS, Reliance Steel & Aluminum Co. (the “Company”) maintains the Plan to provide a select group of management or highly compensated employees the opportunity to defer receipt of compensation;
WHEREAS, for purposes of this Amendment, capitalized terms used herein that are not defined shall have the meanings given to them in the Plan;
WHEREAS, pursuant to Section 11.2 of the Plan, the Committee or the Company is authorized to amend or modify the Plan from time to time; and
WHEREAS, the Committee desires to amend the Plan as set forth herein;
NOW, THEREFORE, the Plan is hereby amended as follows:
|1.||Section 16.16 (Deduction Limitation on Benefit Payments) is hereby deleted in its entirety and replaced with “[Reserved]”.|
|2.||Except as otherwise amended herein, the Plan shall remain in full force and effect.|
IN WITNESS WHEREOF, the Company has caused this Amendment to be executed by its duly authorized officer as of the date first set forth above.
Reliance Steel & Aluminum Co.
By: /s/ Karla R. Lewis
Name:Karla R. Lewis
Title:Senior Executive Vice President & Chief Financial