Common Contracts

2 similar Stock Option Agreement Under contracts by Chaparral Steel CO

STOCK OPTION AGREEMENT UNDER CHAPARRAL STEEL COMPANY AMENDED AND RESTATED
Stock Option Agreement Under • August 26th, 2005 • Chaparral Steel CO • Steel works, blast furnaces & rolling & finishing mills

Pursuant to its Amended and Restated 2005 Omnibus Equity Compensation Plan, CHAPARRAL STEEL COMPANY, effective as of July 29, 2005, hereby grants to an Option to purchase an aggregate of shares of the Common Stock, $0.01 par value, of the Company at the price set forth on Schedule I hereto, and otherwise on the terms and conditions hereinafter set forth, of which the Option to purchase Shares is an Incentive Stock Option and the Option to purchase Shares is a Nonqualified Stock Option. These Options are granted in connection with the spin-off of the Company from TXI.

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STOCK OPTION AGREEMENT UNDER CHAPARRAL STEEL COMPANY AMENDED AND RESTATED
Stock Option Agreement Under • August 26th, 2005 • Chaparral Steel CO • Steel works, blast furnaces & rolling & finishing mills

Pursuant to its Amended and Restated 2005 Omnibus Equity Compensation Plan, CHAPARRAL STEEL COMPANY, effective as of , hereby grants to an Option to purchase an aggregate of shares of the Common Stock, $0.01 par value, of the Company at the price or prices set forth on Schedule I hereto, and otherwise on the terms and conditions hereinafter set forth. The Option is a Nonqualified Stock Option.

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