Amendment Agreement No. 1 to Consulting Agreement between Uranerz Energy Corporation and Ubex Capital Inc.

Summary

Uranerz Energy Corporation and Ubex Capital Inc. have agreed to amend their existing Consulting Agreement, originally dated July 1, 2005. This amendment, effective January 1, 2007, changes the consultant's monthly fee to Cdn $12,500, payable monthly. All other terms of the original agreement remain unchanged and are confirmed by both parties.

EX-10.1 2 exhibit10-1.htm AMENDMENT AGREEMENT Filed by Automated Filing Services Inc. (604) 609-0244 - Uranerz Energy Corporation - Exhibit 10.1

AMENDMENT AGREEMENT #1

THIS AMENDMENT AGREEMENT is made as of the 1^st day of January, 2007

BETWEEN:	Uranerz Energy Corporation, a company having an office at Suite 1410, 800 West Pender Street, Vancouver, B.C., V6C 2V6

	(herein called the “Company”)
	OF THE FIRST PART

AND:	Ubex Capital Inc., of Suite 1410, 800 West Pender Street, Vancouver, B.C., V6C 2V6;

	(herein called the “Consultant”)

	OF THE SECOND PART

WHEREAS:

A.	The parties entered into a Consulting Agreement dated the 1^stday of July, 2005 (the “Agreement”) whereby the Consultant will continue to perform consulting services to the Company as defined in the Agreement; and

B.	The parties now wish to amend the Agreement;

NOW THEREFORE THIS AMENDMENT AGREEMENT WITNESSES that the Agreement is amended as follows:

1.	By the deletion of Clause #3.1 of the Agreement in its entirety and the substitution therefor of the following:

3.1 The Company shall pay the Consultant a monthly consulting fee of Cdn $12,500.00 payable monthly.

2.	The parties hereby ratify and confirm the Agreement in all other respects.

IN WITNESS WHEREOF the Parties hereto have duly executed this Agreement effective as of the 1^st day of January, 2007.

Uranerz Energy Corporation

Per: /s/ Benjamin Leboe
Authorized Signatory

Ubex Capital Inc.

Per: /s/ Dennis Higgs
Authorized Signatory