Document:

EX4_11

	

	

Austin Centre, 701 Brazos

Suite 500, PMB#

Austin, TX 78701

Toll Free: (877) 676-7183

Tel: (512) 721-1022

Fax: (512) 721-1023           

	 	
Exhibit 4.11

 

DATE:  December 1, 2004 

Attention:  Randy Reneau

9302 Mystic Oaks Trail

Austin, Texas  78750

RE:  ENGAGEMENT FOR PROFESSIONAL SERVICES 

Dear Mr. Reneau ("Consultant"):

As per our preliminary discussion regarding the provision of business analysis services for Uranium Energy Corp, (the "Company") please see the terms of service and the preliminary scope of work enclosed.  If you are in agreement with the terms herein, please execute a copy of this letter and return it to our offices.

Contract of Work

Randall Reneau of Austin Texas shall offer exploration & business services to the Company on an ongoing full time basis.  It is hereby proposed to enter into contract for such services with Uranium Energy Corp. as delineated below, and to be modified as necessary on an ongoing basis by the parties hereto beyond that specifically addressed in this letter.

Confidentiality

All documents, materials, conversations developed by the Consultant for the Company are the private property of the Company.  Consultant agrees not to disclose any such materials to any third party unless in the normal course of business for the Company's direct benefit without the Company's express written consent.  Materials produced as a result of this contract of work are the property of Uranium Energy Corp.

Scope of Work

Randall Reneau agrees not to perform any services without prior disclosure of the estimated scope of work to Uranium Energy Corp.  If, at any time, during performance of services, it is estimated that the preliminary scope of work will be exceeded materially, notification must be made to Uranium Energy Corp.  Consultant agrees to provide timely and ongoing disclosure of work conducted. Completion of work is subject to the availability of the resources provided by the Company to Randall Reneau and such budgets and resources shall be defined for any period of work.

 
Website: www.uraniumenergy.com

Email: info@uraniumenergy.com

Professional Fees and Expenses

Fees for professional services rendered are charged at the rate of $350 USD per day.  Professional expenses paid on behalf of Uranium Energy Corp. by Randall Reneau will be reimbursed to Randall Reneau on the last day of each month.  

Randall Reneau will hold monthly budget operating monies in trust for Uranium Energy Corp. with Randall Reneau acting as the trustee for normally budgeted disbursements agreed upon in advance by the parties hereto

Randall Reneau will invoice the Company for fees and expenses monthly.  Settlement is due upon receipt of invoice.

Office Space

While working under contract for Uranium Energy Corp., Consultant will work out of the Reneau & Associates office space.  Remuneration is to be included in the $350.00 USD per day fee.  At such time as additional space is required, the parties shall agree on office space locations, costs and budgets for additional location(s) of work.     

Termination of Services

There will be a 30 day written notice for termination of services provided by the party seeking to end professional relations.  

Scope Of Work

Geological Exploration.  Consultant will act as an exploration officer for Uranium Energy Corp., exploring potential uranium properties on behalf of Uranium Energy Corp.  

Land Acquisition Negotiations

Consultant will negotiate on behalf of Uranium Energy Corp. regarding the purchase or lease of potential uranium type properties.  

Data Research

Consultant will research the appropriate data and give his best opinion to Uranium Energy Corp., regarding potential uranium exploration.  

Retain Services

Consultant will retain any services he deems necessary for uranium exploration on behalf of Uranium Energy Corp after consulting with and receiving approval from Uranium Energy Corp.  

Page 2

Sign on behalf of Company

After approval of contract from Uranium Energy Corp., Randall Reneau is provided with the authority to sign contracts on behalf of Uranium Energy Corp. where necessary.  

Geological Reports

Randall Reneau will write geological reports regarding the properties he explores on behalf of Uranium Energy Corp.

Sincerely,

Uranium Energy Corp.

________________________________

Amir Adnani, President and Director

ACCEPTED AND AGREED this     1    day of    December     , 2004

_______________________________

Randall Reneau/Reneau & Associates

 Page 3Form of Director Restricted Stock Unit Grant Agreement

 Exhibit 10.1 
 TERADYNE, INC. 2006 EQUITY AND CASH COMPENSATION INCENTIVE PLAN 
 NOTICE OF RESTRICTED STOCK UNIT GRANT AND
TERMS 
 FOR DIRECTOR AWARDS 
 Name 
 In granting restricted stock units, Teradyne seeks to provide non-employee directors with incentive to help drive the company’s
future success and to share in the economic benefits of that success. We all look forward to your contributions to that effort. 
 In recognition of your
contributions to Teradyne, you have been granted an award consisting of the right to receive up to xxx shares of Teradyne common stock. This grant was approved effective
                         , 200x (the “Effective Date”). 
 This award is subject to the Restricted Stock Unit Terms attached hereto and the terms of the Teradyne, Inc. 2006 Equity and Cash Compensation Incentive Plan (the
“Plan”). The shares covered by this award will be delivered over time as described in and subject to the vesting conditions of the Restricted Stock Unit Terms. 
 The Plan prospectus, consisting of a “Participant Information” document that summarizes the Plan and contains a copy of the complete Plan, is enclosed with this grant document. 
  

	
	 TERADYNE, INC.

	
	  
  

	 Eileen Casal

	 V.P., General Counsel and Secretary

 (2006 RSU) 
 Grant #xxx 
 Form of Director Grant
Agreement (2006 RSU) 

 RESTRICTED STOCK UNIT TERMS – FOR DIRECTOR AWARDS 
 This award is governed by and subject to Teradyne’s 2006 Equity and Cash Compensation Incentive Plan (the “Plan”), which, together with
the following provisions, controls the meaning of terms and the rights of the recipient. Capitalized and defined terms used and not defined below will have the meaning set forth in the Plan. In the event of any inconsistencies or differences between
the Plan and these terms, the Plan shall prevail. 
 1. Award Grant, Vesting and Transfer 
 (a) Payment of par value. Teradyne hereby grants to the recipient the right to receive that number of shares of Teradyne common stock as is set
forth on the Notice of Restricted Stock Unit Grant attached hereto. When the underlying shares of Teradyne common stock are issued to the recipient, par value will be deemed paid by the recipient for each share by past services rendered by the
recipient. 
 (b) This award vests on the anniversary of the Effective Date. None of this grant will be vested on the Effective
Date. 100% of the total grant will vest on the first anniversary of the Effective Date. Subject to the terms of the Plan, the Teradyne Board of Directors shall have the right to accelerate the date that any installment of this award becomes vested
in the event of disability, death, retirement, or upon the acquisition of control of Teradyne by another entity.  
 (c) This award
will not vest further after termination of the business relationship except in limited certain circumstances. Except as otherwise provided in the Plan, this award will not vest after the recipient’s and Teradyne’s business
relationship ends, regardless of the reason. 
 The business relationship with Teradyne shall be considered as continuing uninterrupted during any bona fide
leave of absence (such as those attributable to illness or military obligations) provided that the period of such leave does not exceed 90 days. A bona fide leave of absence with the written approval of the Committee shall not be considered an
interruption of the business relationship, provided that such written approval contractually obligates the Company to continue the business relationship of the recipient after the approved period of absence. 
 (d) No rights as stockholder; Issuance. The recipient shall not have any right in, to or with respect to any shares which may be covered by this
award (including but not limited to the right to vote or to receive dividends) until the award is settled by issuance of shares to the recipient. All vested shares issued in respect of this award will be transferred or issued to the recipient (or
his or her estate, in the event of his or her death) promptly after the date they vest but in any event within 2 1/2 months following the calendar year in which they become vested (or any earlier date, after vesting, required to avoid characterization as non-qualified deferred compensation under Section 409A of the Code). Teradyne will not be
required to transfer or issue any vested shares until arrangements satisfactory to it have been made to address any income, withholding and employment tax requirements which might arise by reason of the vesting and transfer or issuance of shares.

 (e) This award may not be assigned or transferred. Other than as provided in Section 11(a) of the Plan, this award
is not assignable or transferable (except by will or the laws of descent and distribution). 
 2. Capital Changes and Business Succession.
Section 3(c) of the Plan, contains provisions for adjusting the number, vesting schedule, exercise price and other terms of outstanding stock based Awards under the Plan if a recapitalization, stock split, merger, or other specified event
occurs and a Committee of the Board of Directors determines that an adjustment (or substitution) is appropriate.. In that event, the recipient of the award will be notified of the adjustment (or substitution), if any. 
 3. Employment or Business Relationship. Granting this award does not imply any right of continued employment or business relationship by the
Company or a Related Corporation, and does not affect the right of the recipient or the Company or a Related Corporation to terminate employment or a business relationship at any time. 
 4. Stock Registration. Shares to be issued under this award are currently registered under the Securities Act of 1933, as amended. If such
registration is not in effect at the time of vesting, the recipient will be required to represent to the Company that he or she is acquiring such shares as an investment and not with a view to the sale of those shares. 
 5. Term. This Agreement will terminate on
                         , 20xx 
 Form of Director Grant Agreement

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00110-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00110-of-00352.parquet"}]]