Third Amendment to Amended and Restated Trust Agreement No. 2 (February 25th, 2015)
This Third Amendment to Amended and Restated Trust Agreement No. 2 (as amended and restated October 15, 2002) (the "Agreement") is entered into effective as of July 28, 2014 by and between Cliffs Natural Resources Inc., f/k/a Cleveland-Cliffs Inc., an Ohio corporation (the "Company"), and KeyBank, N.A., the successor in interest to Key Trust Company of Ohio, N.A., a national banking association, as Trustee (the "Trustee"). Capitalized terms not defined herein shall have the meanings assigned to such terms in the Agreement.