SEPTEMBER 29, 1999
WEIRTON STEEL CORPORATION
EXECUTIVE HEALTHCARE PROGRAM
EFFECTIVE JULY 1, 1999
In 1997, the Management Development and Compensation Committee of the Board of Directors of Weirton
Steel Corporation (the "Employer") recognized that the Employer needed a vehicle to provide post-termination
health care insurance coverage to continue to attract and retain key, mid-career executives and senior managers.
The Employer's retiree health care program effectively has excluded most recruits over the age of 50 from ever
achieving post-termination health care insurance coverage. On the other hand, other employers appeared to have
the ability to offer such a benefit as an inducement to the Employer's senior managers to leave the employ of the
Employer. Therefore, the Committee authorized the development and implementation of this Program, to be
effective on the Effective Date (as defined herein).
The Program is intended to be an extension of the Employer-funded Healthcare plan available for active and
retired employees of the Employer.
When used in this Program, unless the context clearly indicates otherwise, the terms set forth below shall be
defined as follows:
1.01 "Change in Control" has the definition set forth in Section 5.01
1.02 "Committee" means the persons named under Section 6 to administer the
1.03 "Comparable Position" means any employment, including self-employment,
of a former Employee within 12 months following the Employee's
Termination of Employment, which employment provides comprehensive
healthcare benefits and in which the former Employee's annualized base
compensation exceeds 85% of his final base compensation with the
1.04 "Dependent" shall mean a dependent as defined under an applicable