THIRD AMENDMENT TO THE AMENDED
AND RESTATED RECEIVABLES PURCHASE AGREEMENT
THIS THIRD AMENDMENT TO THE AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT, dated as
of May 19, 2003 (this “ Amendment ”), is entered into by and among U.S. STEEL RECEIVABLES LLC, a Delaware limited liability
company, as Seller (the “ Seller ”), UNITED STATES STEEL CORPORATION (formerly known as United States Steel LLC), a
Delaware corporation as initial Servicer (in such capacity, together with its successors and permitted assigns in such capacity,
the “ Servicer ”), each FUNDING AGENT listed on the signature pages hereto on behalf of their respective CP Conduit
Purchasers and Committed Purchasers (collectively, the “ Funding Agents ”) and THE BANK OF NOVA SCOTIA, a Canadian
chartered bank acting through its New York Agency, as Collateral Agent for the CP Conduit Purchasers and Committed
Purchasers (in such capacity, together with its successors and assigns in such capacity, the “ Collateral Agent ”). Capitalized
terms used and not otherwise defined herein are used as defined in the Amended and Restated Receivables Purchase
Agreement, dated as of November 28, 2001 (as amended or otherwise modified through the date hereof, the “ Agreement ”),
among the Seller, the Servicer, the CP Conduit Purchasers from time to time party thereto, the Committed Purchasers from time to
time party thereto, the Funding Agents and the Collateral Agent.
WHEREAS, the parties hereto desire to amend the Agreement in certain respects as provided herein;
NOW THEREFORE, in consideration of the premises and other material covenants contained herein, the parties hereto
agree as follows:
SECTION 1. Amendments .
A. The definition of “Facility Limit” in Exhibit I to the Agreement is hereby amended by (i) deleting the word “initially”
therein and (ii) replacing “$400,000,000” therein with “$500,000,000”.
B. Each Committed Purchaser, by executing and delivering a counterpart to this Amendment,