Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - Coeur Mining, Inc. | v57000e10vq.htm |
| EX-31.2 - EX-31.2 - Coeur Mining, Inc. | v57000exv31w2.htm |
| EX-10.8 - EX-10.8 - Coeur Mining, Inc. | v57000exv10w8.htm |
| EX-10.6 - EX-10.6 - Coeur Mining, Inc. | v57000exv10w6.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 10.7
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 Kelli C. Kast (“Employee”).
Whereas,
the parties executed an Employment Agreement dated June 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 employment and 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. Employment. The Restated Employment Agreement shall be amended in Section 1 to read
that the Company agrees to, and hereby does, employ Employee as Senior Vice President, General
Counsel, Chief Administrative Officer and Corporate Secretary.
2. 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.
3. Compensation. The Restated Employment Agreement shall be amended in Section 3 (a) to
read that the Employee shall receive a base salary of $289,000 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 $144,500 and a maximum of $289,000
(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 $549,100 (LTIP). Such bonuses are at the
discretion of the board of directors.
4. Residency and Work Location. Employee resides in the State of Colorado and works
primarily from her home office on a telecommuting basis. As such, employee shall be available by
remote access at all times, and as required to execute her employment duties. Employee shall,
however, commute to the corporate offices in Coeur d’Alene on a bi-weekly basis, for a minimum of
three days, or to such other locations as may be necessary to carry out her employment
responsibilities. The Company shall pay the transportation costs of Employees’ airline travel to
commute on this basis, with other commuting expenses the responsibility of the Employee.
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/ Kelli C. Kast | ||||
| Employee | ||||