Revett Minerals Inc.: Exhibit 10.18 - Filed by newsfilecorp.com






Exhibit 10.18 

AMENDMENT TO EMPLOYMENT AGREEMENT 

This Amendment to Employment Agreement (the "Amendment") is
made and entered into effective as of February 1, 2015 (the "Effective Date"),
by and between Revert Silver Company, a Montana corporation (hereinafter
referred to as the "Corporation") and Douglas P. Miller (hereinafter referred to
as "Employee"). 

RECITALS: 

A.     WHEREAS, the Corporation and
Employee are parties to that certain employment agreement dated October 1, 2012
(the "Employment Agreement"); and 

B.     WHEREAS, the Corporation and
Employee desire to modify certain provisions of the Employment Agreement in an
effort to ensure the Corporation's continued operations and enable it to take
advantage of any offer the Corporation might receive to sell all or
substantially all of its assets or merge or consolidate (or facilitate its
parent corporation, Revert Minerals Inc., in merging or consolidating) with or
into another business entity; and 

C.     WHEREAS the Corporation and Employee
each reasonably believe such modifications are reasonable and necessary, and
unless consented to and approved as provided in this Amendment, could impede or
impair the Corporation's ability to operate and thereby deprive the Employee of
some or all of the economic benefits of the Agreement.

AGREEMENT: 

NOW THEREFORE, in consideration of the respective covenants and
agreements herein contained and for other good and valuable consideration, the
receipt and sufficiency of which are hereby ackowledged, the Corporation and
Employee covenant and agree as follows: 

	1. 	
      Amendments to Employment
  Agreement.



1.1     Section
Three -Compensation. The first sentence of Section Three of the Agreement is
deleted and amended to read in its entirety as follows: 

"The Corporation shall pay Employee,
and Employee shall accept from the Corporation, compensation at the rate of
$160,000 per year, prorated and payable monthly or on such other basis as the
Corporation and Employee may hereafter agree in writing." 

1.2     Section
Three- Compensation. The last two sentences of Section Three of the Agreement
are deleted and amended to read in their entirety its entirety as follows: 

AMENDMENT TO EMPLOYMENT AGREEMENT- 4




"Employee shall be entitled to
vacation periods that are commensurate with the policies of the Corporation that
are applicable to exempt employees; provided, 

However, that Employee shall be
entitle to a minimum paid vacation of four weeks in each calendar year during
which Employee is employed by the Corporation. If Employee fails to use all of
his or her vacation days in a calendar year, such unused vacation days shall
automatically deemed to have been forfeited by Employee, and the Corporation
shall have no obligation to pay or otherwise compensate Employee for the same."


1.3 Section Five-Termination.
Subsection (1) of Section Five is deleted and amended to read in its entirety as
follows: “Voluntarily and without cause, subject to Sections Two and Six, upon
not less the five calendar days’ prior written notice by the Corporation to the
Employee or by the Employee to the Corporation; or” 

1.4 Section Six-Severance
Compensation. Subsection 4(b) of Section Six is deleted and amended to read
in its entirety as follows: 

"If any of the events described above
constituting a Change in Control shall have occurred and such Change of Control
shall have resulted in a termination of Employee's employment, or if Employee
terminates his employment for Good Reason (as defined in subsection 4(c) of this
Section Six), then, in either case, the Corporation shall pay Employee a
severance benefit in an amount equal to eighteen months of Employee's salary at
the compensation rate set forth in Section 1.1 of this Amendment or any h1gher
compensation rate that may hereafter be agreed to in writing by the Corporation
and Employee. Such severance benefit shall be paid in one lump sum within thirty
(30) days of termination or at such other date that the Corporation and Employee
shall agree, it being understood and agreed that, if the Corporation and
Employee agree that such severance benefit shall be paid in installments, the
Corporation shall have no obligation to pay Employee interest on any unpaid
amount. In addition to the severance benefit, the Corporation shall continue to
pay Employee any other employment-related benefits to which Employee is
entitled, as if he or she continued to be an employee of the Corporation, for a
period of one (1) year following termination or until such time (which in no
event shall exceed one year from such termination) as Employee receives
comparable benefits from a new employer. In the event Employee has existing
stock options, they shall be honored in accordance with their terms. The
severance and other benefits afforded Employee by this subsection shall not
apply despite the occurrence of a Change in Control if Employee's employment by
the Corporation is terminated because of Employee's death or Disability (as
defined in subsection 3 of this Section Six) or if Employee's employment is
terminated by the Corporation For Cause (as defined in Section Ten). 

1.5 Arbitration. A new section
(Section Thirteen) reading in its entirety is hereby added to the Agreement:
AMENDMENT TO EMPLOYMENT AGREEMENT- 5




"SECTION THIRTEEN- ARBITRATION. Any
dispute regarding the interpretation of this Agreement or the performance by the
Corporation or Employee of their respective obligations shall be submitted to
and determined by the decision of a single arbitrator, being either a retired
judge or a retired attorney with a minimum of ten years of experience in
negotiating and documenting employment agreements such as that contemplated by
this Agreement, who shall be selected by mutual agreement of the Corporation and
Employee, and shall be independent of the parties. The arbitration shall be
conducted in Helena, Montana, in accordance with the arbitration rules set forth
in RCW 7.04A (Montana equivalent), and the arbitrator shall reach and render a
decision in writing (which shall state the reasons for his or her decision),
which shall be entirely on the basis of the substantive law governing this
Agreement. To the extent practical, decisions of the arbitrator shall be
rendered no more than 30 calendar days following commencement of proceedings
with respect thereto. Any decision made by the arbitrator (either prior to or
after the expiration of such 30 calendar day period) shall be final, binding and
conclusive on the parties to this Agreement, and each party to the arbitration
shall be entitled to enforce such decision to the fullest extent permitted by
law and entered in any court of competent jurisdiction. The fees and expenses of
the arbitrator and the reasonable fees and expenses of legal counsel and
consultants of the parties shall be paid by the Corporation." 

This Amendment may be executed in one or more counterparts, all
of which shall constitute a single agreement. 

DATED as of the 11 day of February 2015, but effective
as of the Effective Date. 
 

AMENDMENT TO EMPLOYMENT AGREEMENT- 1