0001104659-03-003695 Sample Contracts

PIPER IMPACT 401(k) PLAN Amendment and Restatement Effective January 1, 2002
Quanex Corp • March 6th, 2003 • Rolling drawing & extruding of nonferrous metals • Texas
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FIRST AMENDMENT TO THE QUANEX CORPORATION 401(K) SAVINGS PLAN
Savings Plan • March 6th, 2003 • Quanex Corp • Rolling drawing & extruding of nonferrous metals

WHEREAS, the Company desires to amend the Plan to comply with certain requirements of the Economic Growth and Revenue Reconciliation Act of 2001, Final Department of Treasury Regulations issued under section 401(a)(9) of the Internal Revenue Code of 1986, as amended and new claims procedure rules issued by the Department of Labor;

FIRST AMENDMENT TO SECURITY AGREEMENT
Security Agreement • March 6th, 2003 • Quanex Corp • Rolling drawing & extruding of nonferrous metals

This First Amendment dated as of February 17, 2003 by and between the debtors signatory hereto (each individually, a “Debtor” and collectively, the “Debtors”) and Comerica Bank, a Michigan banking corporation, as Agent for and on behalf of the Banks (as defined below) (“Agent”).

QUANEX CORPORATION EMPLOYEE SAVINGS PLAN Amendment and Restatement Effective January 1, 2002
Quanex Corporation Employee Savings Plan • March 6th, 2003 • Quanex Corp • Rolling drawing & extruding of nonferrous metals • Texas
SECOND AMENDMENT TO THE QUANEX CORPORATION HOURLY BARGAINING UNIT SAVINGS PLAN
Agreement • March 6th, 2003 • Quanex Corp • Rolling drawing & extruding of nonferrous metals

WHEREAS, the Company desires to amend the Plan to comply with certain requirements of the Economic Growth and Revenue Reconciliation Act of 2001, Final Department of Treasury Regulations issued under section 401(a)(9) of the Internal Revenue Code of 1986, as amended and new claims procedure rules issued by the Department of Labor;

FIRST AMENDMENT TO THE QUANEX CORPORATION 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEES
Hourly Employees • March 6th, 2003 • Quanex Corp • Rolling drawing & extruding of nonferrous metals

WHEREAS, the Company desires to amend the Plan to comply with certain requirements of the Economic Growth and Revenue Reconciliation Act of 2001, Final Department of Treasury Regulations issued under section 401(a)(9) of the Internal Revenue Code of 1986, as amended and new claims procedure rules issued by the Department of Labor;

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