Document:

Separation Agreement & Release between Randall R. Powers & Wise Metals Group LLC

 Exhibit 10.1 
 SEPARATION AGREEMENT AND RELEASE 
 This SEPARATION AGREEMENT AND RELEASE (“Agreement”) is
made and entered into by and between Randall R. Powers (“Powers”) and Wise Metals Group, LLC, including Wise Alloys, LLC and all of its affiliated companies (“Wise” or the “Company”), and to and for the benefit of the
respective shareholders, directors, members, managers, officers, successors, subsidiaries, employees, supervisors, advisors, attorneys, affiliates, and other agents of Wise (hereafter collectively referred to as “Releasees”). In
consideration of the premises, promises and other items contained herein, the receipt and sufficiency of which are hereby acknowledged, Powers and Wise agree as follows: 
 1. Powers is employed by Wise in the position of President and Chief Operating Officer. Powers has been informed by Wise that his employment is being terminated effective April 10, 2006 (“Effective
Date”) pursuant to section 8(ii)(b) and (c) of the Employment Agreement dated July 1, 2004, as amended, between Wise and Powers (“Employment Agreement”). 
 2. In order to ease Powers’ transition to new employment, Wise offers and Powers accepts a severance benefit contained in this Agreement in
Section 3, and Powers and Wise agree that this Agreement (and the payments and benefits set forth herein) shall be in lieu of any other severance or compensation to which Powers may be entitled or any other prior contract or agreement or
promise. As a material term of this Agreement, Powers and the Company desire to settle and resolve any and all claims, whether known or unknown that may arise out of Powers’ employment by and affiliation with Wise and/or the termination of said
employment. 
 3. The severance benefit that Wise offers and that Powers accepts is as follows: 
 (a) Wise will continue Powers’ current base salary for a period of 3 months following the Effective Date, in accordance with
Wise’s salary administration policy, less required tax withholding. At the sole discretion of Wise, taking into account whatever circumstances and considerations it believes are appropriate, the severance may be extended. 
 (b) To the extent Powers has any remaining earned but unused vacation as of the Effective Date, Wise will pay to Powers the cash
equivalent of any such earned but unused vacation pay (less required tax withholding). 
 (c) In addition to the salary
continuation stated in subparagraph (a), if Powers elects to continue his group health coverage under COBRA for himself and family members (spouse and children), the Company will pay to Powers a supplement equal to COBRA cost of coverage (less
required tax withholding) per bi-weekly pay period to help offset monthly health insurance premiums. These payments will end when Powers obtains coverage under another health care plan or when salary continuation provided in Section 3(a) ends,
whichever occurs earlier. 
  

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 (d) Powers understands and agrees that the severance payments and other benefits
contained in subparagraphs (a) – (c) of Section 3, as well bridging of his 401K Plan service provided in Section 4, are good and valuable consideration in exchange for this Agreement to which he is not otherwise entitled,
and they are in lieu of any and all other severance, compensation, salary, wages, bonuses or other monetary benefits to which Powers might otherwise be entitled from the Company, except as outlined in Section 4 below. 
 4. Powers will remain entitled to any benefits to which he would otherwise be entitled under the terms and conditions of any 401(k) Plan or other
retirement plan sponsored by Wise, and nothing in this Agreement is intended to waive or relinquish Powers’ vested rights in such benefits. As additional consideration for this Agreement, Wise will bridge Powers’ service so that as of the
Effective Date, he will be deemed vested in the 401(k) Plan, including the matching contributions made by the Company. On the Effective Date, Powers’ participation in the Company’s employee benefit plans as an active employee shall cease
in accordance with the terms and conditions of those plans, subject to continuation rights that Powers may have under the terms of any such plan and/or COBRA. Other than the payments and benefits outlined in Sections 3 and 4 of this Agreement,
Powers understands he will neither receive nor be entitled to any other compensation, payments, salary or benefits from the Company after the Effective Date under this Agreement or otherwise. 
 5. In consideration of the above described promises and payments, Powers agrees on behalf of himself and all persons who may claim through him to
irrevocably and unconditionally release, acquit and forever discharge the Company and Releasees (as broadly defined herein) from any and all charges, complaints, claims, liabilities, obligations, promises, agreements, controversies, damages,
actions, causes of actions, suits, rights, demands, costs, losses, wages, salary, benefits, compensation, debts or expenses of any kind whatsoever, known or unknown, suspected or unsuspected, which Powers now has, owns or which Powers at any time
heretofore had, owned, or held including but not limited to all claims based on alleged or actual rights arising under any federal, state, or local laws prohibiting race, sex, religion, age, disability or other forms of discrimination (including but
not limited to Title VII, the Age Discrimination if Employment Act, ADA, FLSA, FMLA, AADEA, AADA) or any other federal, state or local laws relating to or otherwise regulating Powers’ employment with Wise, any claims of any nature based on or
arising out of Powers’ employment with Wise or the termination of that employment (including but not limited to Ala. Code § 25-5-11.1), or any claims based on contract, including but not limited to the Employment Agreement,
negligence, recklessness or intent of any nature whatsoever. It is the intention of the parties hereto that this Agreement constitute a complete and general release of all claims of every nature and shall be effective as a bar to any and all claims
or potential claims of any kind whatsoever. The parties expressly consent and agree that this Agreement shall be given full force and effect in accordance with each and all of its expressed terms and provisions, including those terms and provisions
relating to unknown and/or unsuspected claims, demands and causes of action, if any, to the same effect as those terms and provisions relating to any other claims, demands and causes of action herein above specified. 
 6. Powers agrees to refrain now and forever, from disparaging Wise, its management and/or owners directly or indirectly, in any way. Further, Powers
acknowledges and agrees that 

  

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sections 13, 14 and 15 of the Employment Agreement (“Post-employment Restrictions”) remain in full force and effect, and he agrees to faithfully
abide by the Post-employment Restrictions. Powers agrees to deliver promptly to the Company on or before April 19, 2006, all keys, devices, property memoranda, notes, records, reports, manuals, drawings, blueprints and other documents and
computer and electronic files (and all copies thereof) relating to the business of Wise and its subsidiaries, which Powers may possess or have under his control. 
 7. Powers also agrees to keep all discussions or negotiations relating to this Agreement, the terms of the termination strictly confidential, though he may disclose this information only to tax accountant, attorney
and spouse, provided they agree (at Powers’ risk) to keep said information strictly confidential. 
 8. Powers agrees that he will
remain reasonably accessible and available to Wise for consultation as Wise may request or desire from time to time and that he will cooperate with the Company regarding any business, legal or other matters in which Powers’ participation and
/or involvement is necessary or desirable. Wise will reimburse Powers for any reasonably necessary expenses that he may incur in fulfilling his obligations under this Section 8. 
 9. In the event Powers breaches, or threatens to breach, any of the provisions of Sections 5, 6, or 7 of this Agreement, the Company shall have the right
and remedy to have the provisions of this Agreement specifically enforced by any court having equity jurisdiction, it being acknowledged and agreed that any such breach or threatened breach will cause irreparable injury to the Company and that money
damages will not provide the Company with an adequate remedy. Such rights and remedies shall be in addition to, and not in lieu of, any other rights and remedies available to the Company under law or in equity. Powers recognizes and agrees that the
Company’s remedy at law for breach of Sections 5, 6, or 7 would be inadequate, and further agrees that, for breach of such provisions, the Company shall be entitled to injunctive relief and to enforce its rights by an action for specific
performance. 
 10. This Agreement is governed by and is to be construed in accordance with the laws of the State of Alabama. The provisions
of this Agreement are severable and, if any part of it is found to be unenforceable, the other Sections and or provisions shall remain fully valid and enforceable. In the event that either party should bring an action in any court to enforce this
Agreement or any provision thereof, it is agreed that the prevailing party (as determined by the Court) will be entitled to recover from the other party reasonable attorney’s fees and costs of the litigation. 
 11. Powers represents and agrees that he fully understands all provisions and aspects of this Agreement and that he fully understands his right to
discuss all provisions and aspects of this Agreement with his private attorney(s) and that he has availed himself of this right. Powers further represents and agrees that he has carefully read and fully understands all the provisions of this
agreement and that he is voluntarily entering into this Agreement. Powers further acknowledges and agrees that the severance benefits and compensation he is receiving or will receive under this Agreement are substantially greater than he would
otherwise be entitled to receive. Powers acknowledges and agrees that he has been given a period of at least twenty-one (21) days within 

  

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which to consider this Agreement and that he may accept and execute this Agreement at any time within said twenty-one (21) day period. Powers further
acknowledges, understands and agrees that for a period of seven (7) days following the date he executes this Agreement, he may revoke this Agreement in writing. Powers understands that he will neither receive nor be entitled to the payments and
compensation set forth in this Agreement unless he accepts and executes this Agreement said seven (7) day revocation period has expired, at which time this Agreement is final and otherwise non-revocable. This Agreement contains a waiver of
claims, including but not limited rights under the Age Discrimination in Employment Act, and Powers acknowledges Wise’s advice that he obtain legal counsel with respect to the terms of this Agreement before he executes it. 
 12. Powers represents, acknowledges and agrees that, in executing this Agreement, consisting of 4 pages he does not rely and has not relied upon any
representation or statement not set forth herein made by Wise with regard to the subject matter, basis, interpretation or effect of this Agreement or otherwise and Powers further represents, acknowledges and agrees that there have been no such
representations, promises, or statements made by the Company, except as expressly set forth in this Agreement. 
 PLEASE READ CAREFULLY.
EXCEPT AS EXPRESSLY EXCEPTED HEREIN, THIS AGREEMENT INCLUDES AND CONSTITUTES A RELEASE OF ALL KNOWN AND UNKNOWN CLAIMS AGAINST WISE. 
 Executed this                      day of
                    , 2006. 
  

			
	  
	 Randall R. Powers

	
	 Wise Metals Group, LLC

		
	By:	 	  
	 Title:
	 	  

  

 -4-Form of Restricted Stock Agreement for grants to non-management directors

 Exhibit 10.1 
 Form of Restricted 
 Stock Agreement—Non-Management Directors 
  
 HUGHES COMMUNICATIONS, INC. 
 2006 EQUITY AND INCENTIVE PLAN 
 RESTRICTED STOCK AGREEMENT 
 This RESTRICTED STOCK AGREEMENT (this “Agreement”), effective as of the
         day of             , 20        , is entered into by and between Hughes Communications, Inc., a
Delaware corporation (the “Company”), and                  (the “Grantee” and, together with the Company, the “Parties”). 
 RECITALS 
 Pursuant to the
Company’s 2006 Equity and Incentive Plan (the “Plan”), the Committee, as the administrator of the Plan, has determined to grant to the Grantee restricted shares of Common Stock, on the terms and conditions set forth herein, and hereby
grants such restricted shares. 
 Any capitalized terms not defined herein shall have their respective meanings set forth in the Plan.

 NOW, THEREFORE, the Parties hereto agree as follows: 
 1. Grant of Restricted Stock. The Grantee is entitled to                  shares of Common Stock pursuant to the terms and
conditions of this Agreement (the “Restricted Stock”) granted effective as of                 , (the “Date of Grant”), subject to the restrictions
set forth below and the terms of this Agreement. The Grantee shall not be required to pay any cash consideration in exchange for the Restricted Shares. 
 2. Restrictions and Restricted Period. 
 (a) Restrictions. Shares of Restricted Stock granted
hereunder may not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of until vested, and then only in accordance with applicable securities laws and Company policy, and until vested, such shares shall be subject to a risk
of forfeiture as described in Section 4 below until the lapse of the Restricted Period (as defined below). 
 (b) Restricted
Period. The restrictions set forth above shall lapse and the shares of Restricted Stock shall become vested and transferable (provided, that such transfer is otherwise in accordance with federal and state securities laws, and subject to
Section 4(b)) as to: (i) 33.34% of the shares (             shares) of Restricted Stock on the first anniversary of the Date of Grant, (ii) an additional 33.33% of the shares
(             shares) of Restricted Stock on the second anniversary of the Date of Grant, and (iii) the final 33.33% of the shares
(             shares) of Restricted Stock on the third anniversary of the Date of Grant (the “Restricted Period”). 
  

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 3. Rights of a Stockholder. From and after the Date of Grant and for so long as the Restricted
Stock is held by or for the benefit of the Grantee, the Grantee shall have all the rights of a stockholder of the Company with respect to the Restricted Stock, including, but not limited to, the right to receive dividends and the right to vote such
shares. If there is any stock dividend, stock split or other change in character or amount of the Restricted Stock, then in such event, any and all new, substituted or additional securities to which Grantee is entitled by reason of the Restricted
Stock shall be immediately subject to the Restrictions with the same force and effect as the Restricted Stock subject to such Restrictions immediately before such event. 
 4. Cessation of Service as a Director. 
 (a) Forfeiture. If the Grantee’s service as a
Director is removed by the Company in accordance with the by-laws or if the Director resigns his position with the Company, then the portion of the Restricted Stock that has not vested shall be forfeited to the Company without payment of any
consideration by the Company, and neither the Grantee nor any of his successors, heirs, assigns, or personal representatives shall thereafter have any further rights or interests in such unvested shares of Restricted Stock. 
 (b) Accelerated Vesting. If the Director’s service is terminated for any other reason, including, death or Disability, all unvested portions
of the Restricted Stock shall immediately vest in full, but the Company shall not be obligated to deliver such portions of the Restricted Stock that are unvested at the time of such termination until the end of the Restricted Period. 
 5. Certificates. Restricted Stock granted herein may be evidenced in such manner as the Committee shall determine. If certificates representing
Restricted Stock are registered in the name of the Grantee, then the Company may retain physical possession of the certificate until such shares have vested. 
 6. Legends. The Company may require, as a condition of the issuance and delivery of certificates evidencing Restricted Stock pursuant to the terms hereof, that the certificates bear the legend as set forth
immediately below, in addition to any other legends required under federal and state securities laws or as otherwise determined by the Committee. All certificates representing any of the shares of Restricted Stock subject to the provisions of this
Agreement shall have endorsed thereon the following legend: 
 THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO CERTAIN RESTRICTIONS
UPON TRANSFER 
  

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 HELD BY THE ISSUER OR ITS ASSIGNEES(S) AS SET FORTH IN AN AGREEMENT BETWEEN THE COMPANY AND THE HOLDER OF
THE SHARES, A COPY OF WHICH IS ON FILE AT THE PRINCIPAL OFFICE OF THE COMPANY. 
 Such legend shall not be removed until such shares vest pursuant to the
terms hereof. 
 7. Taxes. The Grantee shall pay to the Company promptly upon request, at the time the Grantee recognizes taxable
income in respect to the shares of Restricted Stock, an amount equal to the federal, state and/or local taxes the Company determines it is required to withhold under applicable tax laws with respect to the shares of Restricted Stock. In lieu of
collecting payment from the Grantee, the Company may, in its discretion, distribute vested shares of Common Stock net of the number of whole shares of Common Stock the fair market value of which is equal to the minimum amount of federal, state and
local taxes required to be withheld under applicable tax laws. The Grantee understands that he (and not the Company) shall be responsible for any tax liability that may arise as a result of the transactions contemplated by this Agreement.

 8. Miscellaneous. 
 (a)
Restrictions on Transfer. Shares of Restricted Stock may not be transferred or otherwise disposed of by the Grantee, including by way of sale, assignment, transfer, pledge, hypothecation or otherwise, except as permitted by the Committee, or
by will or the laws of descent and distribution. 
 (b) Compliance with Law and Regulations. The award and any obligation of the
Company hereunder shall be subject to all applicable federal, state and local laws, rules and regulations and to such approvals by any government or regulatory agency as may be required. Any purported transfer or sale of the shares of Common Stock
shall be subject to restrictions on transfer imposed by any applicable state and Federal securities laws. Any transferee shall hold such shares of Common Stock subject to all the provisions hereof and shall acknowledge the same by signing a copy of
this Agreement. 
 (c) Invalid Transfers. No purported sale, assignment, mortgage, hypothecation, transfer, pledge, encumbrance, gift,
transfer in trust (voting or other) or other disposition of, or creation of a security interest in or lien on, any of the shares of Restricted Stock by any holder thereof in violation of the provisions of this Restricted Stock Agreement shall be
valid, and the Company will not transfer any of said shares of Restricted Stock on its books or otherwise nor will any of said shares of Restricted Stock be entitled to vote, nor will any dividends be paid thereon, unless and until there has been
full compliance with said provisions to the satisfaction of the Company. The foregoing restrictions are in addition to and not in lieu of any other remedies, legal or equitable, available to enforce said provisions. 
  

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 (d) Incorporation of Plan. This Agreement is made under the provisions of the Plan (which is
incorporated herein by reference) and shall be interpreted in a manner consistent with it. To the extent that this Agreement is silent with respect to, or in any way inconsistent with, the terms of the Plan, the provisions of the Plan shall govern
and this Restricted Stock Agreement shall be deemed to be modified accordingly. 
 (e) Notices. Any notices required or permitted
hereunder shall be addressed to the Company, at its principal offices, or to the Grantee at the address then on record with the Company, as the case may be, and deposited, postage prepaid, in the United States mail. Either party may, by notice to
the other given in the manner aforesaid, change his or its address for future notices. 
 (f) Successor. This Agreement shall bind and
inure to the benefit of the Company, its successors and assigns, and the Grantee and his or her personal representatives and beneficiaries. 
 (g) Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware. The Committee shall have final authority to interpret and construe the Plan and this Agreement and to make any
and all determinations under them, and its decision shall be binding and conclusive upon the Grantee and his legal representative in respect of any questions arising under the Plan or this Agreement. 
 (h) Amendment. This Agreement may be amended or modified by the Company at any time; provided that notice is provided to the Grantee in accordance
with Section 8(e); and provided further that no amendment or modification that is adverse to the rights of the Grantee as provided by this Agreement shall be effective unless set forth in a writing signed by the Parties. 
  

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 IN WITNESS WHEREOF, the Parties have executed this Agreement on the day and year first above written.

  

			
	HUGHES COMMUNICATIONS INC.
		
	By	 	  

	Name:	 	
	Title:	 	

 The undersigned hereby accepts and agrees to all the terms and provisions of the foregoing Agreement. 

 

	
	  
 [Grantee]

 Address:

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