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Edgar Filing: RYERSON TULL INC /DE/ - Form DEF 14A

division or group of the Company or any Subsidiary designated as a Corporate Unit from time to time by the Committee of the Company.

Employee means an employee eligible to be designated as a Participant in the Plan.

Named Executive Officer means a Participant who is one of the group of covered employees as defined in the regulations promulgated under Section 162(m) of the Code.

Participant means an Employee who is designated by the Committee to be eligible to receive an Award under the Plan.

Performance-Based Exception means the performance-based exception from the deductibility limitations as set forth in Section 162(m) of the Code.

Subsidiary means any corporation in which the Company possesses directly or indirectly more than fifty percent (50%) of the total combined voting power of all classes of its stock.

Target Award means the percentage of a Participant s base salary earnings or base annual salary for an Award Period as established by the Committee pursuant to paragraph 6 of the Plan and set forth in the Addendum to the Plan applicable to the Corporate Unit in which such Participant is employed.

A-1

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