Document:

Exhibit 10.36

    
      

    

    Exhibit
      10.36 

    

    FIRST
      AMENDMENT TO LEASE

    

    This
      First Amendment To Lease (“Amendment”), is made as of November 18, 2005, by and
      between Alaska Consolidated DE LLC, YABQ DE LLC, and KDC Idaho DE LLC known
      as
      Lakepointe Centre I Co-Tenancy, successor to M&S Prime Properties, Ltd.
      (“Landlord”) and American Ecology Corporation (“Tenant”). 

    

    WITNESSETH:

    

    WHEREAS,
      Landlord and Tenant entered into that certain Lease Agreement dated April 18,
      2002 (“Lease”) for that certain parcel of real property and the improvements
      located thereon known as Lakepointe Centre I, 300 East Mallard Drive, Suite
      300,
      Boise, Idaho (“Premises”);

    

    WHEREAS,
      Landlord and Tenant desire to expand the Premises of the Lease and to amend
      the
      Lease in certain respects as provided below.

    

    NOW,
      THEREFORE,
      for
      good and valuable consideration, the receipt and sufficiency of which are hereby
      acknowledged, the parties hereto agree as follows:

    

    1.    
Construction.
      Any
      capitalized term not defined in this Amendment shall have the meaning given
      to
      it in the Lease. In the event of any inconsistency between the provisions of
      the
      Lease and this Amendment, the provision of this Amendment shall
      control.

    

    2.    
Timing.
      Each of
      the following amendments to the Lease take effect as of February 1, 2006, or
      upon substantial completion of tenant improvements to Suite 360, whichever
      happens last, unless expressly provided otherwise.

    

    3.    
Premises.
      Section
      6 of the Basic Lease Information of the Lease is amended to add Suite 360 to
      the
      Premises with an additional 2,353 rentable square feet as shown in Exhibit
      A
      attached hereto, which will make the total Premises 10,925 rentable square
      feet.

    

    4.    
Term.
      Section
      7 of the Basic Lease Information of the Lease is amended to extend the term
      to
      sixty (60) months.

    

    5.    
Base
      Rent.
      The
      Base Rent provided in Section 10 of the Basic Lease Information of the Lease
      shall be amended as follows:

    

    
      	
              PERIOD

              Months

            	 	
              MONTHLY
                INSTALLMENTS

              OF
                BASE RENT

            	 
	
              1-12

            	 	
              $

            	
              16,387.50

            	 
	
              13-24

            	 	
              $

            	
              16,842.71

            	 
	
              25-36

            	 	
              $

            	
              17,297.92

            	 
	
              37-48

            	 	
              $

            	
              17,753.13

            	 
	
              49-60

            	 	
              $

            	
              18,208.33

            	 

    

    

    6.    
Base
      Year.
      The Base
      Year provided in Section 12 of the Basic Lease Information shall be amended
      from
      2003 to 2006.

    

    7.    
Tenant's
      Proportionate Share:
      Section
      13 of the Basic Lease Information for Tenant's share of the operating expenses
      shall be amended from 13.42% to 17.10%.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    8.    
Tenant
      Improvement Allowance:
      Effective immediately, Section 14 of the Basic Lease Information of the Lease
      shall be amended as follows: Landlord shall provide space planning for Tenant
      at
      no charge and the tenant improvements and allowance shall be as set forth in
      Exhibit B to this Amendment. 

    

    9.    
Notice.
      Effective immediately, the Lease shall be amended to add a notice provision
      as
      follows: 

     

    
      	The addresses
              for
              Landlord are:	 
	 	 
	
              Landlord:

            	
              Thorton
                Oliver Keller Commercial Real Estate, LLC

            
	 	
              Attn:
                Property Manager

            
	 	
              250
                S. Fifth Street, Second Floor

            
	 	
              Boise,
                ID 83702

            
	 	 
	
              with
                a copy to:

            	
              Lakepointe
                Centre I Co-Tenancy

            
	 	
              Attn:
                Stuart C. Bond

            
	 	
              c/o
                Bond Stephens & Johnson, Inc.

            
	 	
              3201
                “C” Street, Suite 200

            
	 	
              Anchorage,
                Alaska 99503

            

    

    

    10.   Other
      Provisions.
      Except
      as modified by this Amendment, all other terms and conditions of the Lease
      shall
      remain in full force and effect.

    

    IN
      WITNESS WHEREOF,
      the
      parties hereto have executed this Amendment as of the date and year first above
      written.

    

    [END
      OF TEXT]

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

      
        	 	
                LANDLORD:

              
	 	 	
                Alaska
                  Consolidated DE LLC, YABQ DE LLC and KDC Idaho DE LLC, Delaware
                  limited
                  liability companies

              
	 	 	
                By:
                  Alaska Consolidated LLC

              
	 	 	 
	 	 	
                By:
                  /s/
                  Stuart C. Bond

              
	 	 	
                Stuart
                  C. Bond, Managing Member

              
	 	 	 
	 	 	 
	 	 	 
	 	
                TENANT:

              
	 	 	 
	 	 	
                American
                  Ecology Corporation

              
	 	 	 
	 	 	 
	 	 	
                By:
                  /s/
                  James R. Baumgardner

              
	 	 	
                Name:
                  James R. Baumgardner

              
	 	 	
                Title:
                  SVP/CFO

              

      

    

    

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

     

    EXHIBIT
      A

    FLOOR
      PLAN FOR SUITE 360

     

    

    
      

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

       

    

    EXHIBIT
      B

    TENANT
      IMPROVEMENTS

    

      
        	
                -

              	
                Install
                  new door from Tenant's existing Premises, Suite 300, into Suite
                  360 as
                  noted on Exhibit A - Floor Plan.

              

      

      
        	
                -

              	
                Remove
                  wall between Suite 360 and Suite 370, patch and paint walls as
                  needed.

              

      

      
        	
                -

              	
                Install
                  new Tenant demising wall between Suite 360 and Suite 370 as noted
                  on
                  Exhibit A - Floor Plan.

              

      

      
        	
                -

              	
                Adjust
                  HVAC in new expansion space between Suite 360 and Suite
                  370.

              

      

      
        	
                -

              	
                Install
                  proper electrical outlets and light switches in expansion space
                  between
                  Suite 360 and Suite 370.

              

      

      
        	
                -

              	
                Patch
                  and repair carpet as needed in expansion
                  space.

              

      

      
        	
                -

              	
                Patch
                  and paint as needed in expansion space.Exhibit 10.54

    
      

    

    Exhibit
      10.54

    AMERICAN
      ECOLOGY CORPORATION

    2006
      Management Incentive Bonus Plan

    

    

    
      	
            	
              1.

            	
              Purpose
                of the Plan

            

    

    The
      purpose of the American Ecology Corporation 2006 Management Bonus Plan is to
      provide certain of its key senior management employees, for the 2006 fiscal
      year, with incentive compensation consistent with the interests of Company’s
      shareholders.

    

    
      	
            	
              2.

            	
              Eligibility

            

    

    Eligibility
      in the Plan is limited to Board approved and designated senior management
      employees of American Ecology and its subsidiaries (the “Company”). For purposes
      of the Plan, the Compensation Committee of the Company’s Board of Directors, is
      the Plan Administrator. 

    

    A
      listing
      of employees approved by the Board of Directors (“Participants”) shall be
      maintained and administered by the CFO under the direction of the Plan
      administrator and is attached as Exhibit A. Participation in the Plan supersedes
      any prior agreements, either written or verbal.

    

    To
      be
      eligible for the incentive award (a “Bonus Award”) under the Plan, a Participant
      must have been employed on a full-time basis by the Company for the entire
      12
      months of 2006 (the “Performance Period”) and must be employed on the last day
      of the Performance Period and at the date of any such payment. Plan Participants
      whose employment with the Company has been terminated, for any reason
      whatsoever, prior to the payment of any Bonus Award, shall not be eligible
      to
      receive any payment hereunder.

    

    
      	
            	
              3.

            	
              Participant
                Groups

            

    

    The
      Plan
      provides for two Participant categories in 2006.

    

    A)
      Senior
      Corporate Management
      - This
      category includes two Corporate Vice Presidents and their bonuses is based
      on
      the following criteria: 

    

    
      	 	
              a.

            	
              Vice
                President & Chief Information Officer.
                Fifty percent (50%) of the bonus shall be based on the Company achieving
                operating income including the cost of such bonuses. Up to an additional
                fifty percent (50%) shall be awarded, at the discretion of the CFO,
                for
                achieving priorities for new information systems development and
                implementation, servicing ongoing Information Technology needs, teamwork,
                support for the Company’s operating facilities and other evaluative
                factors.

            

    

    

    
      	 	
              b.

            	
              Vice
                President, Hazardous Waste Operations.
                Fifty percent (50%) of the bonus shall be based on the Company achieving
                operating income including the cost of such bonuses. Up to an additional
                fifty percent (50%) shall be awarded at the discretion of the CEO
                for
                management of sites and of capital
                assets.

            

    

    

    B)
      Operating
      Facility Management
      - This
      category includes the four operating facility General Managers. Twenty five
      percent (25%) of the bonus shall be based upon achievement of the 2006 Company
      operating income budget including the cost of such bonuses and twenty five
      percent (25%) for Site operating income budget. Up to an additional fifty
      percent (50%) shall be awarded, at the discretion of the CEO, with input from
      the Vice President, Hazardous Waste Operations, based on achieving 2006
      priorities, compliance, health and safety, effective use of Company assets,
      team
      work, and other evaluative factors.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	
            	
              4.

            	
              Bonus
                Awards

            

    

    A)
      Cash
      award
      at
      target performance up to 35% of Participants’ base salary.
      The
      Board approved 2006 budgets, will serve as target performance
      goals.

    

    B)
      An
      additional cash award of 10% of base salary. Added bonus will be paid if the
      Company exceeds its 2006 corporate consolidated operations income budget by
      10.7% or more.

    

    Any
      and
      all Bonus Awards shall be based on the availability of the Company’s final
      audited financial statements for the Performance Period, prepared in accordance
      with generally accepted accounting principles. For purposes of the Plan,
“Operating Income” is defined as Gross Profit less Selling, General and
      Administrative Expenses after any accrual for Bonus Awards. 

    

    The
      Company shall pay Bonus Awards, if any, to Plan Participants upon certification
      by the Company’s Chief Executive Officer and/or Chief Financial Officer that
      such payments are authorized by the Plan Administrator and all applicable
      criteria contained herein have been met. All Bonus Award payments shall be
      made
      within a reasonable time after approval and availability of the Company’s final
      audited financial statements for the Performance period. 

    

    
      	
            	
              5.

            	
              Procedure

            

    

    The
      Plan
      Administrator shall have full power, discretion and authority to administer
      and
      interpret the Plan, including the calculation and verification of all Bonus
      Awards, and to establish rules and procedures for its administration, as the
      Plan Administrator deems necessary and appropriate. Any interpretation of the
      plan or other act of the Plan Administrator in administering the Plan shall
      be
      final and binding on all Plan Participants. No member of the Plan Administrator
      or the Board of Directors shall be liable for any action, interpretation, or
      construction made in good faith with respect to the Plan. No member of the
      Plan
      Administrator shall participate in the Plan. The Company shall indemnify, to
      the
      fullest extent permitted by law, each member of the Board who becomes liable
      in
      any civil action or proceeding with respect to decisions made relating to the
      Plan. The CFO shall provide the Plan Administrator with a year-end report of
      Participants in the Plan and their respective annual salaries, along with any
      other information that the Plan Administrator may request.

    

    A
      Plan
      Participant may be removed from the Plan, with no right to any Bonus Award
      under
      the Plan, if it is determined in the discretion of the Plan Administrator that
      any of the following have occurred:

    

    a)
      Insubordination, misconduct, malfeasance, or any formal disciplinary action
      taken by the Company during the performance year or prior to
      payment.

    b)
      Disability. Should a Participant not be actively at work for an extended period
      of time due to an illness or injury, in such a way as to qualify for long-term
      disability benefits, he/she may not receive a bonus.

    c)
      Demotion. If a Plan Participant is removed from the Participant group that
      made
      him or her eligible Participant under the Plan at any time during the
      Performance Period, then such employee shall be deemed to be ineligible for
      participation in the Plan and shall not receive any Bonus Award under the
      Plan.

    

    
      	
            	
              6.

            	
              Miscellaneous
                Provisions.

            

    

    

    a) Employment
      Rights. The
      Plan
      does not constitute a contract of employment and participation in the Plan
      will
      not give a Participant the right to continue in the employ of the Company on
      a
      full-time, part-time or other basis or alter their at-will employment
      status.
      Participation in the Plan will not give any Participant any right or claim
      to
      any benefit under the Plan, unless such right or claim has specifically been
      granted by the Plan Administrator under the terms of the Plan.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    b)
      Plan
      Administrator’s Final Decision.
      Any
      interpretation of the Plan and any decision on any matter pertaining to the
      Plan
      that is made by the Plan Administrator in its discretion in good faith shall
      be
      binding on all persons. 

    

    c)
      Governing
      Law. Except
      to
      the extent superseded by the laws of the United States, the laws of the State
      of
      Idaho, without regard to its conflicts of laws principles, shall govern in
      all
      matters relating to the Plan. 

    

    d)
      Interests
      Not Transferable.
      Any
      interest of Participants under the Plan may not be voluntarily sold,
      transferred, alienated, assigned or encumbered, other than by will or pursuant
      to the laws of descent and distribution. Notwithstanding the foregoing, if
      a
      Plan Participant dies during the Performance Period, or prior to payment of
      the
      Bonus Award, then a pro rata portion of the Bonus Award earned by such deceased
      Participant shall be paid to the deceased Participant’s beneficiary, as
      designated in writing by such Participant; provided however, that if the
      deceased Participant has not designated a beneficiary then such amount shall
      be
      payable to the deceased Participant’s estate.

    

    e)
      Severability.
      In the
      event any provision of the Plan shall be held to be illegal or invalid for
      any
      reason, such illegality or invalidity shall not affect the remaining parts
      of
      the Plan, and the Plan shall be construed and enforced as if such illegal or
      invalid provisions had never been contained in the Plan.

    

    f)
      Withholding. The
      Company will withhold from any amounts payable under the Plan applicable
      withholding including federal, state, city and local taxes, FICA and Medicare
      as
      shall be legally required. Additionally, the Company will withhold from any
      amounts payable under the Plan, the applicable contribution for the
      Participant’s 401(k) Savings and Retirement Plan as defined in the 401(K) Plan
      description protected under ERISA. 

    

    g)
      Effect
      on Other Plans or Agreements.
      Payments
      or benefits provided to a Plan Participant under any stock, deferred
      compensation, savings, retirements or other employee benefit plan are governed
      solely by the terms of each of such plans.

    

    Effective
      Date

    

    This
      Plan
      is effective as of January 1, 2006, based on 12/01/2005 approval by the Board
      of
      Directors of the Company. 

    

    

    
      	
              Agreed
                and Accepted:

            	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	
              NAME

            	 	
              DATE

            	 

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    AMERICAN
      ECOLOGY CORPORATION

    2006
      Management Incentive Bonus Plan

    

    

    ELIGIBLE
      PARTICIPANTS

    

    John
      Cooper - Vice President and Chief Information Officer 

    Simon
      Bell - Vice President, Hazardous Waste Operations 

    Robert
      Marchand - General Manager, US Ecology, Nevada

    Ryan
      McDermott - General Manager, US Ecology, Idaho

    Kenneth
      Knibbs - General Manager, US Ecology Texas

    Thomas
      Hayes - Vice President and General Manager, US Ecology
      Washington

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    BENEFICIARY
      DESIGNATION FORM

    

    I
      hereby
      designate the following person or persons as Beneficiary to receive any
      management incentive bonus payments due under the attached American Ecology
      Corporation Management Incentive Bonus Plan for 2006, effective January 1,
      2006,
      in the event of my death, reserving the full right to revoke or modify this
      designation, or any modification thereof, at any time by a further written
      designation:

    

    Primary
      Beneficiary

    

    

    
      	 	 	 	 	 	 
	
              Name
                of Individual

            	 	
              Relationship
                to Me

            	 	
              Birth
                Date (if minor)

            	 

    

    

    
      	 	 
	
              Address

            	 

    

    

    
      	 	 	 	 
	
              Name
                of Trust

            	 	
              Date
                of Trust

            	 

    

    

    
      	 	 
	
              Trustee

            	 

    

    

    Provided,
      however, that if such Primary Beneficiary shall not survive me by at least
      sixty
      (60) days, the following shall be the Beneficiary:

    

    Contingent
      Beneficiary

    

    

    
      	 	 	 	 	 	 
	
              Name
                of Individual

            	 	
              Relationship
                to Me

            	 	
              Birth
                Date (if minor)

            	 

    

    

    
      	 	 
	
              Address

            	 

    

    

    

    This
      beneficiary designation shall not affect any other beneficiary designation
      form
      that I may have on file with the Company regarding benefits other than that
      referred to above.

    

    

    
      	 	 
	
              Date

            	 
	 	 
	 	 
	
              Name

            	 
	 	 
	 	 
	 	 
	
              Signature

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