Amendment to Employment Agreement Between Sunshine Silver Mines and Philip Pyle

Contract Categories: Human Resources › Employment Agreements
Summary

This amendment updates the employment agreement between Sunshine Silver Mines and Philip Pyle, Vice President of Exploration. Effective retroactively from August 1, 2011, Philip Pyle's base salary is increased from $200,000 to $250,000 per year. All other terms of his original employment agreement remain unchanged.

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EX-10.20 3 d203663dex1020.htm AMENDMENT TO PHILIP PYLE'S EMPLOYMENT AGREEMENT Amendment to Philip Pyle's Employment Agreement

Exhibit 10.20

-CONFIDENTIAL-

Memo  

 

To:     Phil Pyle

  

 

From: Steve Orr

  

 

Date:  September 6, 2011

  

 

RE:     Base Salary

  

 

Cc:      Roger Johnson, Jeff Reeser

  

Following Sunshine Silver Mines review of resource industry average salaries for comparable positions, I am amending your base salary from $200,000 per annum to $250,000 per annum. All other terms and conditions of your employment agreement remain unaffected. This change will be retroactive to August 1, 2011.

/s/    Stephen Orr              /s/    Philip Pyle         
Stephen Orr     Philip Pyle
Chairman & CEO     Vice President Exploration