First Amendment to Second Amended and Restated Employment Agreement between Coeur d'Alene Mines Corporation and Dennis E. Wheeler

Contract Categories: Human Resources › Employment Agreements
Summary

This amendment updates the employment agreement between Coeur d'Alene Mines Corporation and Dennis E. Wheeler. It extends Wheeler's employment term through December 31, 2011, and sets his annual base salary at $646,000. All other terms of the previous agreement remain unchanged. The amendment is effective as of August 6, 2010, and is signed by both parties.

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EX-10.1 2 v56968exv10w1.htm EX-10.1 exv10w1
EXHIBIT 10.1
First Amendment to Second Amended
and Restated Employment Agreement
     This First Amendment to Second Amended and Restated Employment Agreement is made effective on the 6th day of August 2010, between Coeur d’Alene Mines Corporation (“Company”) and Dennis E. Wheeler (“Wheeler”).
     Whereas, the parties executed an Employment Agreement dated September 17, 2002 (the “Employment Agreement”), and
     Whereas the Employment Agreement was further amended and then subsequently restated effective December 31, 2008 (“Second Amended and Restated Employment Agreement”), and
          Whereas the parties desire to further extend the term of the Second Amended and Restated Employment Agreement and update Wheeler’s compensation as contemplated by the Second Amended and Restated Employment Agreement and as set forth below;
NOW THEREFORE, in consideration of the mutual promises and covenants herein contained to be kept and performed by the parties hereto, the parties agree as follows:
1. Term Of Employment. The Second Amended and Restated Employment Agreement shall be amended in Section 2 to read that the term of employment shall be extended to the 31st day of December 2011, unless sooner terminated as provided in the Second Amended and Restated Employment Agreement with no automatic extensions or renewals thereto.
2. Compensation. The Second Amended and Restated Employment Agreement shall be amended in Section 3 (a) to read that Wheeler shall receive a base salary of $646,000 annually.
All other provisions in the Second Amended and Restated Employment Agreement remain unchanged and all defined terms are hereby incorporated by reference.

 

 

IN WITNESS WHEREOF, the parties have executed this First Amendment to Second Amended and Restated Employment Agreement as of the day and year first written above.
Coeur d’Alene Mines Corporation
         
By
  /s/ Dennis E. Wheeler
 
    
Dennis E. Wheeler, President and CEO    
 
        
By
  /s/ Robert E. Mellor
 
    
Robert E. Mellor, Director    
 
        
/s/ Dennis E. Wheeler    
     
Dennis E. Wheeler    

 

 

IN WITNESS WHEREOF, the parties have executed this First Amendment to Second Amended and Restated Employment Agreement as of the day and year first written above.
Coeur d’Alene Mines Corporation
         
By
        
 
 
 
    
John H. Robinson, Chairman    
Compensation Committee of the Board of Directors    
 
        
     
Dennis E. Wheeler