I'd venture to guess that even if you could get a tight bight with pliers or vice-grips, that you'd be wasting your time. That screw is difficult to get out without being broke off. If you do decide to drill it out, be sure to center-punch it as close to the center as you can. Use a small bit to bore through and then a progressively larger bit, until you've created an area large enough to use an easy-out bit. Tap the easy-out with a hammer to seat it firmly into the bore, then back it out slowly, but with firm pressure. Unfortunate that this happened, but fortunately you purchased a knife from one of the best supported manufacturers on the plant. Good luck crazyengineer.