Document:

First Amendment to Executive Employment and Non-Competition Agreement

 Exhibit 10.12.1 
 FIRST AMENDMENT TO 
 EXECUTIVE EMPLOYMENT AND NON-COMPETITION AGREEMENT

 This FIRST AMENDMENT TO EXECUTIVE EMPLOYMENT AND NON-COMPETITION AGREEMENT (this “Amendment”), dated as of
November 12, 2007, is entered into by and between ENERGYSOLUTIONS, LLC, a Utah limited liability company (the “Company”), ENV Holdings, LLC (“ENV Holdings”), and Raul Deju (the “Executive”).
This Amendment amends that certain Executive Employment and Non-competition Agreement between the Company and the Executive dated October 9, 2006 (the “Agreement”) as follows: 
 1. Subsections 4(d) and 4(e) of the Agreement are hereby deleted in their entirety and the following subsections 4(d), 4(e), 4(f), 4(g), 4(h) and 4(i) are
substituted in place thereof:: 
  

	 	(d)	IPO Incentive Share Awards. Provided that Membership Units have not been, or are not required to be, issued pursuant to Section 4(e) below, on the date the Company or
any subsidiary of ENV Holdings is successful in completing an initial public offering (the “IPO”) of its common stock (the “Grant Date”), the Company shall grant Executive incentive share awards in the form of non-qualified stock
options (with an exercise price equal to the offering price per share of the Company’s common stock in the IPO) (the “IPO Share Awards”) as follows: 

  

	 	(1)	The total number of shares of the Company’s common stock with respect to which Executive shall receive IPO Share Awards (i.e., the aggregate number of optioned shares shall be
0.25% of the Company’s issued and outstanding shares of common stock on the Grant Date. 

  

	 	(2)	Twenty-five (25%) of the IPO Share Awards will vest on each of the first four anniversaries of the Grant Date (each a “Vesting Date”). Any unvested IPO Share Awards
shall be forfeited upon termination or cessation of Executive’s employment for any reason. 

  

	 	(e)	 ENV Membership Unit Grant if No IPO Occurs. If the Company fails to complete an initial public offering of its common stock on or before November 28,
2008, ENV Holdings shall, in lieu of the IPO Share Awards and the Anniversary Share Awards, grant to the Executive, effective as of November 28, 2008 (the “Membership Unit Grant Date”), on the terms set forth in the Amended Agreement,
Membership Units that initially represent .25% (subject to dilution for further issuance of additional equity in ENV Holdings) of the aggregate equity value of ENV Holdings on the Membership Unit Grant Date as reasonably determined by the Board.

	 	 
Pursuant to the terms of the Amended Agreement, twenty-five percent (25%) of said Membership Units will vest on each of the first four anniversaries of
the Membership Unit Grant Date. 

  

	 	(f)	Additional or Optional Equity Grants. Nothing herein shall prevent or preclude the Board of Directors from exercising its discretion in granting to Executive additional stock
options, restricted share awards or any other grants or awards under any such incentive stock plan. 

  

	 	(g)	IPO Entity. To the extent that a subsidiary of ENV Holdings (other than the Company) is successful in completing an initial public offering of its common stock, ENV Holdings
shall cause such subsidiary to grant the IPO Share Awards and Anniversary Share Awards and take such other actions as contemplated pursuant to Section 4(d) of this Agreement as though such subsidiary was the “Company” under this
Agreement. 

  

	 	(h)	Individual Business Objectives. Notwithstanding anything to the contrary contained herein, 25% of the payment of the Target Bonus to the Executive shall be contingent on
successful completion of the Executive’s Individual Business Objectives (“IBOs”). The IBOs for the Executive shall be discussed and agreed to by the Executive and the President and CEO of the Company during the first quarter of
the Company’s fiscal year. 25% of the payment of the Target Bonus to the Executive may be forfeited or reduced, at the discretion of the President and CEO of the Company, if the Executive’s safety, compliance or core competencies (as
outlined in the Executive’s IBOs) are deemed to be unsatisfactory. 

  

	 	(i)	Compensation Review. The Executive’s compensation hereunder shall be reviewed and renegotiated by the Company’s Chief Executive Officer and the Board no less
frequently than each anniversary date of the Effective Date; provided, however, that the Chief Executive Officer and Board shall review and renegotiate the Executive’s compensation hereunder prior to the Company filing a registration statement
in connection with an initial public offering of shares of the Company’s capital stock. 

 2. The parties hereby ratify
and confirm all terms and conditions set forth in the Agreement that are not expressly modified by this Amendment. This Amendment and the Agreement shall be considered, for all intents and purposes, as one agreement. In the event of any conflict
between the terms and provisions of this Amendment and the terms and provisions of the Agreement, the terms and provisions of this Amendment shall, in all instances, prevail. 
 [THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK] 
  

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

									
	ENERGYSOLUTIONS, LLC	 		 	ENV HOLDINGS, LLC
					
	By:	 	 /s/ R Steve Creamer
	 		 	By:	 	 /s/ Lance L. Hirt

	Name:	 	R Steve Creamer	 		 	Name:	 	Lance L Hirt
	Title:	 	Chief Executive Officer	 		 	Title:	 	Authorized Signatory
				
	 /s/ Raul Deju
	 		 		 	
	Raul Deju	 		 		 	

 [Signature Page to First Amendment to Executive Employment and Non-Competition Agreement]Form of EnergySolutions, Inc. Restricted Stock Award Agreeement

 Exhibit 10.19.1 
 EnergySolutions, Inc. 
 2007 Equity Incentive Plan

 RESTRICTED STOCK AWARD AGREEMENT 
 THIS RESTRICTED STOCK AWARD AGREEMENT (this “Agreement”) is made effective as of November         , 2007 (the “Grant Date”) by and
between EnergySolutions, Inc., a Delaware corporation (with any successor, the “Company”), and                     
(the “Participant”). 
 R E C I T A L S: 
 WHEREAS, the Company has adopted the EnergySolutions, Inc. 2007 Equity Incentive Plan (the “Plan”), which Plan is incorporated
herein by reference and made a part of this Agreement. Capitalized terms not otherwise defined herein shall have the same meanings as in the Plan; and 
 WHEREAS, the Committee has determined that it would be in the best interests of the Company and its stockholders to grant the restricted stock provided for herein to the Participant pursuant to the Plan and the terms
set forth herein. 
 NOW THEREFORE, in consideration of the mutual covenants hereinafter set forth, the parties agree as follows: 

1. Restricted Stock Award. Subject to the terms and conditions of the Plan and this Agreement, the Company hereby grants to the Participant
             Shares (the “Restricted Shares”), which shall vest and become nonforfeitable in accordance with Section 3. 
 2. Certificates. Certificates representing the Restricted Shares shall be issued by the Company and shall be registered in the name of the
Participant on the stock transfer books of the Company promptly following execution of this Agreement by the Participant, but shall remain in the physical custody of the Company or its designee at all times prior to the vesting of such Restricted
Shares pursuant to Section 3. As a condition to the receipt of this Agreement, the Participant shall deliver to the Company a stock power, duly endorsed in blank, relating to the Restricted Shares. 
 3. Vesting. 
 (a) Vesting
Schedule. Subject to the Participant’s continued Service on each vesting date, 33.4% of the Restricted Shares shall vest on the first anniversary of the date hereof, and 33.3% of the Restricted Shares shall vest on each of the second and
third anniversaries of the date hereof. 
 (b) Acceleration upon Change of Control. Upon the occurrence of a Change of Control, all
then-unvested Restricted Shares shall immediately vest in full, so long as the Participant’s Service has not been terminated before the date of the consummation of the Change of Control. 

 (c) Acceleration upon Non-Election. If the Participant is a member of the Board of Directors of
the Company and fails to be re-elected to the Board following his nomination by the Board for re-election, then all then-unvested Restricted Shares shall immediately vest in full. 
 (d) Forfeiture. If the Participant’s Service is terminated for any reason, the Restricted Shares, to the extent not then vested, shall be
forfeited by the Participant without consideration 
 4. No Right to Continued Service. The granting of the Restricted Shares
evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Service of the Participant and shall not lessen or affect any right that the Company or any Affiliate may have to terminate the Service of
such Participant. 
 5. Securities Laws/Legend on Certificates. The issuance and delivery of Shares shall comply with all applicable
requirements of law, including (without limitation) the Securities Act of 1933, as amended, the rules and regulations promulgated thereunder, state securities laws and regulations, and the regulations of any stock exchange or other securities market
on which the Company’s securities may then be traded. If the Company deems it necessary to ensure that the issuance of securities under the Plan is not required to be registered under any applicable securities laws, each Participant to whom
such security would be issued shall deliver to the Company an agreement or certificate containing such representations, warranties and covenants as the Company which satisfies such requirements. The certificates representing the Shares shall be
subject to such stop transfer orders and other restrictions as the Committee may deem reasonably advisable, and the Committee may cause a legend or legends to be put on any such certificates to make appropriate reference to such restrictions.

 6. Transferability. The Restricted Shares may not be assigned, alienated, pledged, attached, sold or otherwise transferred or
encumbered by the Participant other than by will or by the laws of descent and distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against the Company or any
Affiliate; provided that the designation of a beneficiary shall not constitute an assignment, alienation, pledge, attachment, sale, transfer or encumbrance. No such permitted transfer of the Restricted Shares to heirs or legatees of the Participant
shall be effective to bind the Company unless the Committee shall have been furnished with written notice thereof and a copy of such evidence as the Committee may deem necessary to establish the validity of the transfer and the acceptance by the
transferee or transferees of the terms and conditions hereof. 
 7. Adjustment of Restricted Shares. Adjustments to the Restricted
Shares shall be made in accordance with the terms of the Plan. 
 8. Withholding. The Participant may be required to pay to the
Company or any Affiliate and the Company shall have the right and is hereby authorized to withhold, any applicable withholding taxes in respect of the Restricted Shares, their grant, vesting or otherwise and to take such other action as may be
necessary in the opinion of the Committee to satisfy all obligations for the payment of such withholding taxes. 
 9. Notices. Any
notification required by the terms of this Agreement shall be given in writing and shall be deemed effective upon personal delivery or within three (3) days of deposit with the United States Postal Service, by registered or certified mail, with
postage and 

  

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fees prepaid. A notice shall be addressed to the Company, Attention: General Counsel, at its principal executive office and to the Participant at the address
that he or she most recently provided to the Company. 
 10. Entire Agreement. This Agreement and the Plan constitute the entire
contract between the parties hereto with regard to the subject matter hereof. They supersede any other agreements, representations or understandings (whether oral or written and whether express or implied) which relate to the subject matter hereof.

 11. Waiver. No waiver of any breach or condition of this Agreement shall be deemed to be a waiver of any other or subsequent breach
or condition whether of like or different nature. 
 12. Successors and Assigns. The provisions of this Agreement shall inure to the
benefit of, and be binding upon, the Company and its successors and assigns and upon the Participant, the Participant’s assigns and the legal representatives, heirs and legatees of the Participant’s estate, whether or not any such person
shall have become a party to this Agreement and agreed in writing to be joined herein and be bound by the terms hereof. 
 13. Choice of
Law; Jurisdiction; Waiver of Jury Trial. This Agreement shall be governed by the laws of the State of New York, excluding any conflicts or choice of law rule or principle that might otherwise refer construction or interpretation of the Plan to
the substantive law of another jurisdiction. 
 SUBJECT TO THE TERMS OF THIS AGREEMENT, THE PARTIES AGREE THAT ANY AND ALL ACTIONS ARISING
UNDER OR IN RESPECT OF THIS AGREEMENT SHALL BE LITIGATED IN THE FEDERAL OR STATE COURTS IN NEW YORK. BY EXECUTING AND DELIVERING THIS AGREEMENT, EACH PARTY IRREVOCABLY SUBMITS TO THE PERSONAL JURISDICTION OF SUCH COURTS FOR ITSELF, HIMSELF OR
HERSELF AND IN RESPECT OF ITS, HIS OR HER PROPERTY WITH RESPECT TO SUCH ACTION. EACH PARTY AGREES THAT VENUE WOULD BE PROPER IN ANY OF SUCH COURTS, AND HEREBY WAIVES ANY OBJECTION THAT ANY SUCH COURT IS AN IMPROPER OR INCONVENIENT FORUM FOR THE
RESOLUTION OF ANY SUCH ACTION. 
 EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY ACTION,
PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT. 
 14. Restricted Shares Subject to Plan. By entering
into this Agreement the Participant agrees and acknowledges that the Participant has received and read a copy of the Plan. The Restricted Shares are subject to the Plan. The terms and provisions of the Plan as it may be amended from time to time are
hereby incorporated herein by reference (subject to the limitation set forth in Section 14). In the event of a conflict between any term or provision contained herein and a term or provision of the Plan, the applicable terms and provisions of
the Plan will govern and prevail. The Participant has had the opportunity to retain counsel, and has read carefully, and understands, the provisions of the Plan and the Agreement. 
  

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 15. Amendment. The Committee may amend or alter this Agreement and the Restricted Shares granted
hereunder at any time; provided that, subject to Articles 11, 12 and 13 of the Plan, no such amendment or alteration shall be made without the consent of the Participant if such action would materially diminish any of the rights of the Participant
under this Agreement or with respect to the Restricted Shares. 
 16. Section 83(b) Election. In the event the Participant
determines to make an election with the Internal Revenue Service (the “IRS”) under Section 83(b) of the Code and the regulations promulgated thereunder (the “83(b) Election”), the Participant shall provide a copy of such
form to the Company promptly following its filing, which is required under current law to be filed with the IRS no later than thirty (30) days after the Grant Date of the Restricted Shares. The Participant is advised to consult with his or her
own tax advisors regarding the purchase and holding of the Restricted Shares, and the Company shall bear no liability for any consequence of the Participant making and 83(b) Election or failing to make an 83(b) Election. 
 17. Severability. The provisions of this Agreement are severable and if any one or more provisions are determined to be illegal or otherwise
unenforceable, in whole or in part, the remaining provisions shall nevertheless be binding and enforceable. 
 18. Signature in
Counterparts. This Agreement may be signed in counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. 
 [SIGNATURE PAGE FOLLOWS] 
  

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 IN WITNESS WHEREOF, the parties hereto have executed this Restricted Stock Award Agreement as of the date
first written above. 
  

			
	 ENERGYSOLUTIONS, INC.

		
	By:	 	  

	Name:	 	
	Title	 	

  

	
	Agreed and acknowledged as
	of the date first above written:
	
	  

	PARTICIPANT

  

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