SEVERANCE AGREEMENT AND RELEASESeverance Agreement and Release • April 26th, 2012 • Cliffs Natural Resources Inc. • Metal mining • Ohio
This Release is entered into knowingly and voluntarily by and between William A. Brake (“Employee”) and Cliffs Natural Resources Inc. and its affiliates identified in Section III.A, below (collectively, the “Company”). Employee and the Company are referred to each individually as a “Party” and collectively as the “Parties.” Capitalized terms not otherwise defined in this Release shall have the meanings set forth in the Plan (as defined below).
