EXECUTION COPYArconic Inc. • February 25th, 2020 • Rolling drawing & extruding of nonferrous metals • New York
This letter (this “Agreement”) memorializes our recent discussions concerning an extension of your service at Arconic Inc., which is expected to be renamed Howmet Aerospace, Inc. (regardless of whether a name change occurs and what the precise name becomes after any change, hereinafter referred to as the “Company”), following consummation of the expected distribution by the Company of all outstanding shares of Arconic Rolled Products Corporation (to be renamed Arconic Corporation), as disclosed in Arconic Rolled Products Corporation’s definitive Form 10 filing on February 13, 2020 (the “Form 10,” and such spinoff, the “Separation”). The terms and conditions of this Agreement shall be effective as of the date of consummation of the Separation (the “Spinoff Date”).
