0001098881-12-000012 Sample Contracts

ADDENDUM TO REVISED EMPLOYMENT AGREEMENT WITH MATTHEW J. HOFF
Employment Agreement • April 25th, 2012 • U.S. Rare Earths, Inc • Services-advertising

THIS ADDENDUM TO REVISED EMPLOYMENT AGREEMENT (the “Addendum”) is made and entered into this 26 day of July 2011 by and between Colorado Rare Earths, Inc. and its subsidiaries (the “Company”); and Matthew J. Hoff (the “Employee”). Each of Company and Employee are referred to herein individually as a “Party” and collectively as the “Parties”. This Addendum is intended by the Parties to amend and revise that certain Revised Employment Agreement entered into by and between the Parties on December 10, 2010 (the “Employment Agreement”).

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ADDENDUM TO REVISED EMPLOYMENT AGREEMENT WITH GREG SCHIFRIN
Employment Agreement • April 25th, 2012 • U.S. Rare Earths, Inc • Services-advertising

THIS ADDENDUM TO REVISED EMPLOYMENT AGREEMENT (the “Addendum”) is made and entered into this 26 day of July 2011 by and between Colorado Rare Earths, Inc. and its subsidiaries (the “Company”); and Greg Schifrin (the “Employee”). Each of Company and Employee are referred to herein individually as a “Party” and collectively as the “Parties”. This Addendum is intended by the Parties to amend and revise that certain Revised Employment Agreement entered into by and between the Parties on February 4, 2011 (the “Employment Agreement”).

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