Amendment No. 1 to Employment Agreement between Reclamation Consulting and Applications, Inc. and Paul Hughes

Summary

This amendment updates the employment agreement between Reclamation Consulting and Applications, Inc. and Paul Hughes. Effective March 4, 2008, Paul Hughes will no longer serve as Chief Operating Officer but will continue as Chief Financial Officer under the original agreement's terms. All other provisions of the original employment agreement remain unchanged and in effect.

EX-10.1 2 rcai_8k-ex1001.txt EXHIBIT 10.1 Exhibit 10.1 AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT This Amendment No. 1 to Employment Agreement (this "AMENDMENT") is made and entered into as of the 4th day of March 2008 (the "AMENDMENT EFFECTIVE DATE") by and among Reclamation Consulting and Applications, Inc. (the "COMPANY"), and Paul Hughes (the "EMPLOYEE"). The Company and Employee are sometimes referred to herein individually as a "PARTY" and collectively as the "PARTIES." Capitalized terms used but not defined herein have the meanings assigned to them in the Employment Agreement dated as of June 11, 2007 and entered into by the Parties (the "AGREEMENT"). The Parties hereby amend the Agreement as follows: I. AMENDMENTS TO THE AGREEMENT From the Amendment Effective Date, Employee shall no longer serve as the Company's Chief Operating Officer, but Employee shall continue serving as the Company's Chief Financial Officer pursuant to the terms of the Agreement. II. GENERAL PROVISIONS A. Except as expressly amended by this Amendment, the Parties agree that all other provisions of the Agreement remain unchanged and that the Agreement remain in full force and effect. B. This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. C. The Agreement, as hereby amended, sets forth the entire agreement and understanding of the Parties hereto with respect to the transactions contemplated hereby, and supersedes all prior agreements, arrangements and understandings related to the subject matter hereof. No understanding, promise, inducement, statement of intention, representation, warranty, covenant or condition, written or oral, express or implied, whether by statute or otherwise, has been made by any party hereto which is not embodied in this Agreement, as hereby amended, and no party hereto shall be bound by or liable for any alleged understanding, promise, inducement, statement, representation, warranty, covenant or condition not so set forth. SIGNATURES ON NEXT PAGE IN WITNESS WHEREOF, the parties hereto have executed this Agreement, as of the date first written hereinabove. THE COMPANY: RECLAMATION CONSULTING AND APPLICATIONS, INC. By: /s/ Michael C. Davies ---------------------------- Michael C. Davies Chief Executive Officer EMPLOYEE: /s/ Paul Hughes ----------------------------- Paul Hughes