Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - Coeur Mining, Inc. | v57000e10vq.htm |
| EX-10.7 - EX-10.7 - Coeur Mining, Inc. | v57000exv10w7.htm |
| EX-31.2 - EX-31.2 - Coeur Mining, Inc. | v57000exv31w2.htm |
| EX-10.8 - EX-10.8 - Coeur Mining, Inc. | v57000exv10w8.htm |
| EX-10.5 - EX-10.5 - Coeur Mining, Inc. | v57000exv10w5.htm |
| EX-32.2 - EX-32.2 - Coeur Mining, Inc. | v57000exv32w2.htm |
| EX-31.1 - EX-31.1 - Coeur Mining, Inc. | v57000exv31w1.htm |
| EX-32.1 - EX-32.1 - Coeur Mining, Inc. | v57000exv32w1.htm |
| EXCEL - IDEA: XBRL DOCUMENT - Coeur Mining, Inc. | Financial_Report.xls |
Exhibit 10.6
Second Amendment to Restated Employment Agreement
This Second Amendment to Restated Employment Agreement is made effective on the 2nd day of
August 2010, between Coeur d’Alene Mines Corporation (“Company”) and Donald J. Birak (“Employee”).
Whereas,
the parties executed an Employment Agreement dated July 1, 2005 (the
“Employment Agreement”), and
Whereas the Employment Agreement was further amended and then subsequently restated effective
December 31, 2008 (“Restated Employment Agreement”), and
Whereas the Restated Employment Agreement was further amended effective July 31, 2009 whereby
the term of the Restated Employment Agreement was extended through July 31, 2011, and
Whereas the parties desire to further extend the term of the Restated Employment Agreement and
update the compensation as contemplated by the 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 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 Restated Employment Agreement. It is further agreed
that the Restated Employment Agreement may be further considered for additional extension. It is
understood, however, that termination can occur in accordance with the provisions of paragraph 7 of
the Restated Employment Agreement, notwithstanding anything to the contrary in this SEcond
Amendment to the Restated Employment Agreement.
2. Compensation. The Restated Employment Agreement shall be amended in Section 3 (a) to
read that the Employee shall receive a base salary of $282,000 annually. The Restated Employment
Agreement shall be amended in Section 3 (c) to read that the Employee shall have an opportunity to
earn a bonus during each calendar year targeted to be 50% of Employee’s then current annual salary,
which, at the date of this Agreement, is the potential sum of $141,000 and a maximum of $282,000
(AIP). In
addition, Employee shall be eligible to earn an award under the Company’s long-term incentive plan
with a target level of 190% or a potential $535,800 (LTIP). Such bonuses are at the discretion of
the board of directors.
IN WITNESS WHEREOF, the parties have executed this Second Amendment to the 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 | ||||
| /s/ Donald J. Birak | ||||
| Employee | ||||