0000950129-06-003860 Sample Contracts

EARLE M. JORGENSEN COMPANY INCENTIVE STOCK OPTION AGREEMENT (Time-based Vesting)
Company Incentive Stock Option Agreement • April 11th, 2006 • Reliance Steel & Aluminum Co • Wholesale-metals service centers & offices • Delaware

THIS INCENTIVE STOCK OPTION AGREEMENT (this “Agreement”) dated as of , 20 (“Grant Date”), is between Earle M. Jorgensen Company, a Delaware corporation (the “Company”), and , (the “Participant”) relating to options granted under the Company’s 2004 Stock Incentive Plan (the “Plan”). Capitalized terms used in this Agreement without definition shall have the meaning ascribed to such terms in the Plan.

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STOCK OPTION NOTICE LETTER AND ASSUMPTION AND AMENDMENT AGREEMENT
Stock Option Notice Letter and Assumption and Amendment Agreement • April 11th, 2006 • Reliance Steel & Aluminum Co • Wholesale-metals service centers & offices

As you know, on April 3, 2006, (the “Effective Date”) Reliance Steel & Aluminum Co., a California corporation (“Reliance”), acquired Earle M. Jorgensen Company, a Delaware corporation (“EMJ”), through a merger transaction (the “Merger”) in accordance with the terms and conditions of that certain Agreement and Plan of Merger by and among Reliance, EMJ and RSAC Acquisition Corp. (the “Company”), a Delaware corporation (the “Merger Agreement”). On the Effective Date, you held one or more outstanding options to purchase shares of EMJ common stock granted to you under the Earle M. Jorgensen Company 2004 Stock Incentive Plan, as amended, (the “Plan”) and documented with one or more Stock Option Agreements (the “Option Agreements”) issued to you under the Plan (the “EMJ Options”). In accordance with the Merger Agreement, on the Effective Date, Reliance assumed all obligations of EMJ under the EMJ Options. This Stock Option Notice Letter and Assumption and Amendment Agreement (this “Agreement”

EARLE M. JORGENSEN COMPANY RESTRICTED STOCK AGREEMENT
Company Restricted Stock Agreement • April 11th, 2006 • Reliance Steel & Aluminum Co • Wholesale-metals service centers & offices • Delaware

This Agreement is made and entered into as of the day of , 20 , by and between Earle M. Jorgensen Company, a Delaware corporation (the “Company”), and (“Participant”), relating to the grant and issuance of shares of common stock, par value $0.001 per share (“Common Stock”), of the Company under the Earle M. Jorgensen Company 2004 Stock Incentive Plan (the “Plan”). Capitalized terms used in this Agreement without definition shall have the meanings ascribed to such terms in the Plan.

ASSUMPTION AND AMENDMENT AGREEMENT EARLE M. JORGENSEN COMPANY 2004 STOCK INCENTIVE PLAN
Assumption and Amendment Agreement • April 11th, 2006 • Reliance Steel & Aluminum Co • Wholesale-metals service centers & offices • California

This Agreement is entered into as of April 3, 2006, by and between Earle M. Jorgensen Company, a Delaware corporation (“EMJ”), and Reliance Steel & Aluminum Co., a California corporation (“Reliance”), regarding the Earle M. Jorgensen Company 2004 Stock Incentive Plan, as amended (the “Plan”).

EARLE M. JORGENSEN COMPANY NON-QUALIFIED STOCK OPTION AGREEMENT (Time-based Vesting)
Qualified Stock Option Agreement • April 11th, 2006 • Reliance Steel & Aluminum Co • Wholesale-metals service centers & offices • Delaware

THIS NON-QUALIFIED STOCK OPTION AGREEMENT (this “Agreement”) dated as of ,20 (“Grant Date”), is between Earle M. Jorgensen Company, a Delaware corporation (the “Company”), and , (the “Participant”) relating to options granted under the Company’s 2004 Stock Incentive Plan (the “Plan”). Capitalized terms used in this Agreement without definition shall have the meaning ascribed to such terms in the Plan.

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