NON QUALIFIED STOCK OPTION AGREEMENT (this “Agreement”) dated as of February 22, 2008, between NORANDA ALUMINUM HOLDING CORPORATION, a Delaware corporation (the “Company”), and the Optionee set forth on the signature page to this Agreement (the...Non Qualified Stock Option Agreement • April 11th, 2008 • Norandal USA, Inc. • Primary production of aluminum • Delaware
WHEREAS, the Optionee has committed to purchase Shares pursuant to a subscription agreement dated February 22, 2008 (the “Subscription Agreement”) and in connection therewith, signed an Adoption Agreement pursuant to which he became a party to the Amended and Restated Securityholders Agreement relating to the Company, by and among the Company and certain of its securityholders, dated as of October 23, 2007, as the same may be amended from time to time (the “Securityholders Agreement”);
