Document:

CONSULTING AGREEMENT

EXHIBIT 10.26

CONSULTING AGREEMENT

THIS AGREEMENT (the “Agreement”) is made and entered into as of this  1st day of February, 2010, by and between  TYLER ENERGY CONSULTING GROUP,  with offices at 519 Sutherland, Tyler, TX 75703, telephone number 903-581-3817, (“Consultant”) and MILLER PETROLEUM , INC. with offices at 3651 Baker Highway, Huntsville, TN, 37756, and telephone number 423-663-9457, and fax number 423-663-9461 (“Company”), collectively the “Parties”.

WHEREAS, the Parties desire to formalize the terms and conditions under which Consultant shall provide consulting services to the Company;

NOW, THEREFORE, in consideration of the mutual promises and covenants herein contained, and other valid consideration, receipt of which is hereby acknowledged, the Parties agree as follows:

1.

Term of Agreement and Renewal

The Agreement shall remain in effect from February 1, 2010 through the expiration of a 12-month period, February 1, 2011, and may be renewed upon the mutual consent of the Parties.

2.

Nature of Services to be Rendered

Consultant shall provide the Company with consulting services, including, but not limited to; recommending communication services to Company by disseminating information to their shareholders and the investment community, and introducing Company to the various members and components of the investment community; Consultant will attempt to inform the public of the potential investment merit and potential for Company and its securities, thereby increasing investor recognition, market liquidity and improve shareholder value; and Consulting with Company on any other business or financial matter that Company requests Consultant’s advice.

Consultant shall assist in an effort to list the Company’s stock on another National Exchange.

Consultant shall assist in the Company’s fund raising efforts by introducing potential investors.

3.

Compensation and Expenses

As compensation for his consulting services rendered hereunder, Company shall issue to the Consultant:

a)

Two Hundred Fifty Thousand (250,000) restricted shares of Company's common stock; issued under Rule 144, par value per share, fully paid and non-assessable, to be delivered by February 15, 2010. The restricted shares shall come with "piggy back registration rights" to be included in any Registration Statement undertaken by the Company. Consultant shall have the right to "piggy back" on any registration or offering by the Company without expense or cost to the Consultant. The shares thereupon shall be unrestricted as to transferability. Consultant shall commence its duties immediately.  Compensation is non-refundable and not to be prorated.

b)

Company agrees that Consultant may earn up to another Two Hundred Fifty Thousand (250,000) restricted shares of the Company’s common stock. Company shall determine if and when these shares will be issued.

c)

The initial Two Hundred Fifty Thousand (250,000) shares shall be registered in three certificates of One Hundred Thousand, (100,000), Ninety Thousand (90,000) and Sixty Thousand (60,000), 

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all three in the name of Tyler Energy Consulting Group, Fed ID, 76-0589764. 

d)

Consultant will get Company’s approval for any business related expenses, and if approved, Company will issue a check for expenses no later than seven (7) business days after receiving an invoice.

4.

Independent Contractor

Consultant agrees to perform its consulting duties hereunder as an independent contractor. Nothing contained herein shall be considered as creating an employer-employee relationship between the parties to this Agreement. The parties hereto acknowledge and agree that Consultant cannot guarantee the results or effectiveness of any of the services rendered by Consultant hereunder. Rather, Consultant shall conduct its operations and provide its services in a professional manner and in accordance with good industry practice. Consultant will use its best efforts and does not promise results. 

5.

Indemnification of Consultant by the Company

The Company shall indemnify and hold harmless Consultant from and against any and all liabilities and damages in connection with the Company’s ownership and operation and, without limiting the foregoing, shall pay the Consultant’s legal fees and expenses if Consultant is named as a defendant in any proceedings brought in connection with the services to be provided hereunder.

6.

Indemnification of the Company by the Consultant

The Consultant shall indemnify and hold harmless the Company and its principals from and against any and all liabilities and damages arising out of actions taken by Consultant in connection with his services as consultant, which actions were not authorized by the Company.

7.

Arbitration

Any and all conflicts, disputes and disagreements arising out of or in connection with any aspect of the Agreement shall be subject to arbitration in accordance with the rules of The American Arbitration Association then in effect. Written Notice of Dispute shall be served by either Party upon the other Party at its address set forth herein, and the arbitration date shall be set no later than two months from the date such Notice is served. The dispute shall be submitted to The American Arbitration Association in the headquarters nearest to the Company’s office. The Parties designate any State or Federal court in the State of Texas as the court in which any arbitration award shall be subject to confirmation, and will abide by such confirmation.

8.

Entire Understanding / Incorporation of other Documents

This Agreement contains the entire understanding of the Parties with regard to the subject matter hereof, superseding any and all prior agreements or understandings, whether oral or written, and no further or additional agreements, promises, representations or covenants may be inferred or construed to exist between the Parties.

9.

No Assignment or Delegation Without Prior Approval

No portion of the Agreement or any of its provisions may be assigned, nor obligations delegated, to any other person or party without the prior written consent of the Parties except by operation of law or as otherwise set forth herein.

10.

Survival of Agreement

The Agreement and all of its terms shall inure to the benefit of any permitted assignees of or lawful successors to either Party.

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11.

No Amendment Except in Writing

Neither The Agreement nor any of its provisions may be altered or amended except in a dated writing signed by the Parties.

12.

Waiver of Breach

No waiver of any breach of any provision hereof shall be deemed to constitute a continuing waiver or a waiver of any other portion of the Agreement.

13.

Severability of the Agreement

Except as otherwise provided herein, if any provision hereof is deemed by arbitration or a court of competent jurisdiction to be legally unenforceable or void, such provision shall be stricken from the Agreement and the remainder hereof shall remain in full force and effect.

14.

Governing Law

The Agreement and its provisions shall be construed in accordance with and pursuant to, and governed by, the laws of the State of Texas, as applicable to agreements to be performed solely within the State of Texas, without regard to its conflict- of – laws provisions then in effect.

15.

No Construction Against Drafter

The Agreement shall be construed without regard to any presumption or other rule requiring construction against the Party causing the drafting hereof.

16.

Facsimile

The Company and Consultant mutually agree that facsimile service (fax) is an acceptable means for transmitting documents.

IN WITNESS WHEREOF, the Parties have executed the Agreement as of the date first written above.

					
	BY:

	/s/ David Bromberg

	          

	BY:

	/s/ Paul W. Boyd

	Name:

	David Bromberg

	 
	Name:

	Paul W. Boyd

	Title:

	President

	 
	Title:

	Chief Financial Officer                

	 
	Tyler Energy Consulting Group

	 
	 
	Miller Petroleum Inc. 

3Exhibit 10.1

Exhibit 10.1

Newmont Mining Corporation

6363 South Fiddlers Green Circle

Greenwood Village, CO 80111

May 3, 2010

Robert J. Miller

[address]

Dear Bob:

I am pleased to invite you to become the Chairman of a Nevada Advisory Panel for Newmont
Mining Corporation. The panel will provide high-level strategic advice on Nevada political and
operational issues. Over the coming months, I will be outlining the composition, operating model
and budget for the Advisory Panel, and will look forward to your input and advice on these issues.

For your services of Chairman, Newmont will pay you an annual retainer of $215,000 for a
two-year term from April 23, 2010 through April 22, 2012. We may renew this agreement for
additional annual terms upon mutual agreement. I anticipate that your services as Chairman would
require a time commitment of no more than 275 hours per year. In the event of a change of control,
the surviving entity would be responsible to determine the continued structure of an Advisory Panel
and would determine whether to assume the obligations under this letter. If the surviving entity
does not elect to assume the obligations, neither you nor Newmont will have any further
obligations. This puts you in essentially the same situation as the other directors of Newmont
after any such change of control.

If the foregoing is acceptable to you, please sign and return to me a copy of this letter. I
look forward to working with you on Nevada issues.

Best regards,

/s/ Richard T. O’Brien

Richard T. O’Brien

President and Chief Executive Officer

ACCEPTED AND AGREED:

	 	 	 
	/s/ Robert J. Miller
 

Robert J. Miller

	 	 
	Date: 5-6-2010Exhibit 10.2

Exhibit 10.2

TRANSITION AGREEMENT

RELEASE AND WAIVER

I. RECITALS

A. This AGREEMENT, which is effective on the EFFECTIVE DATE, is by and between Newmont
International Services Limited and Alan Blank (hereinafter “EMPLOYEE”).

B. In consideration of the promises contained in this AGREEMENT, NEWMONT and EMPLOYEE agree as
follows:

II. DEFINITIONS

The following definitions shall be applicable for the purposes of only this AGREEMENT:

A. “AGREEMENT” means this Release and Waiver.

B. “CLAIMS” means any debt, obligation, demand, application for attorneys’ fees and/or dispute
resolution costs, cause of action, judgment, controversy or claim of any kind whatsoever between
EMPLOYEE and NEWMONT, whether arising under common law or statute, including but not limited to
claims for breach of contract (express or implied), quasi-contract, promissory estoppel, tort,
fraud, misrepresentation, discrimination or any other legal theory; disputes relating to the
employment relationship between the parties, termination thereof, or the interpretation of this
AGREEMENT; any and all debts, obligations, claims, demands, compensation, or rights under the
company’s employee benefit plans; claims under Title VII of the Civil Rights Act of 1964, as
amended; claims under the Civil Rights Act of 1991; claims under the Family and Medical Leave Act
of 1993; claims under the Age Discrimination in Employment Act of 1967, as amended; claims under
42 U.S.C. § 1981, § 1981a, § 1983, § 1985, or § 1988; claims under the Americans with Disabilities
Act of 1990, as amended; claims under the Employee Retirement Income Security Act of 1974, as
amended; claims under the Worker Adjustment and Retraining Notification Act; or any other
applicable federal, state, or local statute or ordinance, excluding claims for workers’
compensation benefits and claims under the Fair Labor Standards Act of 1938, as amended.

 

 

 

C. “COMPANY INFORMATION” means any confidential legal, financial, marketing, business,
technical, or other information, including specifically but not exclusively, information which
EMPLOYEE prepared, caused to be prepared, or received in connection with EMPLOYEE’s employment with
NEWMONT, such as management and business plans, business strategies, software, software
evaluations, trade secrets, personnel information, marketing methods and techniques, and any of the
above-recited
information as it relates to NEWMONT. COMPANY INFORMATION does not include: (a) information or
knowledge which may subsequently come into the public domain after the termination of EMPLOYEE’s
employment other than by way of unauthorized disclosure by EMPLOYEE; or (b) information or
knowledge which EMPLOYEE is required to disclose by order of a governmental agency or court after
timely notice has been provided to NEWMONT of such order.

D. “CAUSE” means the EMPLOYEE engaged in illegal, dishonest or fraudulent conduct in the
course of his employment at any time between June 16, 2008 and the Effective Date, regardless of
when such conduct is discovered by Newmont.

E. “EFFECTIVE DATE” means the first date upon which all of the following have occurred: (1)
EMPLOYEE has executed this AGREEMENT; (2) the revocation period, if any, has expired without
revocation by EMPLOYEE; (3) the executed agreement has been timely returned to Executive Vice
President of Human Resources, Newmont, 6363 South Fiddlers Green Circle, Greenwood Village, CO
80111; and (4) any CLAIMS by EMPLOYEE have been withdrawn and dismissed with prejudice.

F. “EMPLOYEE” means Alan Blank.

G. “Initial Date” means June 30, 2010.

H. “NEWMONT” means Newmont International Services Limited and any predecessor or current or
former subsidiary, parent, affiliated company, or successor of any of them, or benefit plan
maintained or participated in by any of them, and the current and former directors, officers,
employees, shareholders and agents of any or all of them, unless otherwise specifically stated in
this AGREEMENT.

I. “NEWMONT PROPERTY” shall include, but not be limited to, keys, access cards, files,
memoranda, reports, software, credit cards, computer disks, instructional and management manuals,
books, cellular phones, blackberries and computer equipment of NEWMONT.

J. “SEPARATION DATE” shall mean January 11, 2011.

 

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III. COVENANTS

A. Term of Employment. EMPLOYEE shall remain employed by NEWMONT in the position of
Executive Vice President until the Initial Date and thereafter as Technical Advisor to the Chief
Executive Officer of NEWMONT until the Separation Date (“Term of Employment”). Until June 30,
2010, EMPLOYEE’s monthly base salary shall continue at the same rate as designated on January 1,
2010. After June 30, 2010, EMPLOYEE shall be paid for any hours worked on behalf of NEWMONT at an
hourly rate of $500, rather than a monthly base salary. Through the entire Term of
Employment, EMPLOYEE shall be eligible for health and welfare benefits under the applicable plans
of NEWMONT and shall be entitled to continue to insure his family members under the same terms as
available to other NEWMONT employees; and after the Term of Employment, EMPLOYEE shall be eligible
to continue such health and welfare benefits pursuant to the COBRA provisions of the applicable
plans. From and after the Initial Date, EMPLOYEE shall not be entitled to any benefits under the
Executive Change of Control Plan of Newmont. In addition, during the Term of Employment, EMPLOYEE
shall not receive any bonus, stock or option awards for 2010 or 2011 performance, it being
understood that the benefits described elsewhere in this paragraph and elsewhere in this Agreement
are meant in part to compensate EMPLOYEE for such foregone benefits. During the Term of
Employment and for a period of one year from the SEPARATION DATE, NEWMONT shall 1) reimburse
EMPLOYEE for any loss EMPLOYEE and his spouse actually incur due to the sale of EMPLOYEE’s primary
residence in Denver if such loss is incurred during the Term of Employment or within one year after
the SEPARATION DATE and in connection with separation of service; 2) provide standard NEWMONT
domestic relocation benefits to EMPLOYEE (per the executive relocation benefit package EMPLOYEE was
granted upon his relocation to Denver in 2008), if EMPLOYEE relocates during the Term of Employment
or within one year after the SEPARATION DATE, and; 3) at the election of EMPLOYEE, provide
outplacement services with NEWMONT’s outplacement service provider up to an amount of $25,000;
provided that any expenses paid or reimbursed by NEWMONT in connection with the foregoing are
actually incurred by EMPLOYEE and directly related to the termination of services for NEWMONT.
In no event shall any payments, benefits or reimbursements described in the preceding sentence be
paid or provided with respect to expenses incurred later than the last day of the second calendar
year following the calendar year in which EMPLOYEE’s separation from service with NEWMONT occurs,
provided that any such reimbursements may be paid through the last day of the third calendar year
following the calendar year of such separation. On January 11, 2011, EMPLOYEE’S employment with
NEWMONT shall terminate without triggering any sort of severance payment under the Severance Plan
of Newmont. Notwithstanding the provisions set forth above, NEWMONT shall be entitled to terminate
EMPLOYEE’S employment with NEWMONT prior to January 11, 2011 for CAUSE without any severance or
other sort of termination payment to EMPLOYEE.

B. Termination Payments and Consideration to EMPLOYEE. Contingent upon EMPLOYEE
remaining employed until the INITIAL DATE with NEWMONT, NEWMONT shall: 1) make an initial lump sum
termination payment in the amount of $1,000,000 less all applicable local, state and federal
withholding taxes to EMPLOYEE; and 2) vest any unvested restricted stock or restricted stock units
previously granted to EMPLOYEE. Contingent upon EMPLOYEE remaining employed until the SEPARATION
DATE with NEWMONT and contingent upon execution of the Release and Waiver attached hereto as
EXHIBIT A on January 11, 2011 without revocation, NEWMONT shall: 1) make a final lump sum
termination payment in the amount of $471,180 less all applicable local, state, and federal
withholding taxes to EMPLOYEE; 2) or thereafter, if there has not yet been a sale of EMPLOYEE’s
primary residence in Denver
and within fifteen (15) days after a determination of whether any payment shall be made under
Section 1 of paragraph III, A, make an additional lump sum payment of up $250,000 to the extent
that any amount paid under subsection 1 of paragraph III, A. above is less than $250,000; and; 3)
treat any options granted to EMPLOYEE pursuant to the severance provision of the applicable award
agreement.

 

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C. Early Termination of Employment.

If EMPLOYEE’s employment with NEWMONT terminates prior to January 11, 2011 due to death or
disability of EMPLOYEE, NEWMONT shall deliver the payments and consideration contained in paragraph
III.B above, however such amount s shall be offset by any death or disability benefits paid to
EMPLOYEE through any NEWMONT death or disability benefit or plan.

D. Return and Protection of COMPANY INFORMATION. EMPLOYEE will not use or disclose
COMPANY INFORMATION at any time subsequent to the EFFECTIVE DATE of this AGREEMENT. EMPLOYEE will,
by January 11, 2011, return to NEWMONT all NEWMONT PROPERTY and all documents and other material
containing COMPANY INFORMATION. EMPLOYEE will not retain copies or excerpts of COMPANY
INFORMATION. EMPLOYEE will not disclose COMPANY INFORMATION at any time prior to the EFFECTIVE
DATE of this AGREEMENT, except as required in the course of EMPLOYEE’s employment with NEWMONT.
EMPLOYEE acknowledges that this paragraph is a material term of this AGREEMENT. Accordingly, in
the event of a breach of this paragraph by EMPLOYEE, in addition to any other remedy available to
NEWMONT, NEWMONT may cease any remaining payments otherwise due EMPLOYEE under this AGREEMENT and
will be entitled to injunctive relief and damages against EMPLOYEE.

E. Release of Claims By EMPLOYEE. As a material inducement to NEWMONT to enter into
this AGREEMENT, EMPLOYEE, as a free and voluntary act, hereby forever releases and discharges
NEWMONT from, and covenants not to sue NEWMONT for, CLAIMS which EMPLOYEE might have or assert
against NEWMONT (1) by reason of EMPLOYEE’S employment by NEWMONT and all circumstances related
thereto prior to the EFFECTIVE DATE of this AGREEMENT; or (2) by reason of any other matter, cause
or thing whatsoever which may have occurred between EMPLOYEE and NEWMONT prior to the EFFECTIVE
DATE of this AGREEMENT, excluding claims regarding EMPLOYEE’s vested Pension or Savings Plan
benefits. With respect to any charges of discrimination filed with any federal, state or local
agency, pending or otherwise, arising from or related to EMPLOYEE’S employment or termination of
employment with NEWMONT, EMPLOYEE acknowledges that EMPLOYEE has the right to file a charge, but
that EMPLOYEE knowingly and voluntarily waives his or her right to seek individual relief on his or
her own behalf.

F. Non-disparagement. As a free and voluntary act, EMPLOYEE agrees that he or she
will make no written or oral statements that directly or indirectly disparage NEWMONT in any manner
whatsoever. It will not be a violation of this paragraph for EMPLOYEE to make truthful statements,
under oath, as required by law or formal legal process.

 

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G. Affirmation of FLSA Compliance. EMPLOYEE affirms that NEWMONT has not violated
EMPLOYEE’S rights under the Fair Labor Standards Act of 1938, as amended.

IV. ADDITIONAL PROVISIONS

A. EMPLOYEE Cooperation. As a free and voluntary act, EMPLOYEE agrees after EMPLOYEE’s
separation to cooperate at NEWMONT’S expense with any investigations or lawsuits involving NEWMONT
on matters where EMPLOYEE had specific knowledge or responsibility. EMPLOYEE will be reimbursed at
a rate equal to his final base salary as of June 30, 2010, computed on an hourly basis. EMPLOYEE
shall make himself available at NEWMONT’S expense for any litigation, including specifically, but
not exclusively, preparation for depositions and trial. EMPLOYEE will not receive reimbursement
for time spent testifying in depositions or trial. EMPLOYEE agrees not to assist or provide
information in any litigation against NEWMONT, except as required under law or formal legal process
after timely notice is provided to NEWMONT to allow NEWMONT to take legal action with respect to
the request for information or assistance. Nothing in this AGREEMENT shall restrict or preclude
EMPLOYEE from, or otherwise influence EMPLOYEE in, testifying fully and truthfully in legal or
administrative proceedings against NEWMONT, as required by law or formal legal process.

B. Severability. In case any one or more of the provisions of this AGREEMENT shall be
found to be invalid, illegal or unenforceable in any respect, the validity, legality and
enforceability of the remaining provisions contained herein shall not in any way be affected or
impaired. Further, any provision found to be invalid, illegal or unenforceable shall be deemed,
without further action on the part of the parties hereto, to be modified, amended and/or limited to
the minimum extent necessary to render such clauses and/or provisions valid and enforceable.

C. Entire Agreement. This AGREEMENT supersedes all prior written and verbal promises
and agreements between the parties. This AGREEMENT constitutes the entire agreement between the
parties and may be amended, modified or superseded only by a written agreement signed by both
parties. No oral statements by any employee of NEWMONT shall modify or otherwise affect the terms
and provisions of this AGREEMENT.

D. Governing Law. This AGREEMENT shall be construed in accordance with the laws of
the State of Colorado.

E. No Admission of Liability. NEWMONT denies that it has taken any improper action
against EMPLOYEE in violation of any federal, state, or local law or common law principle. The
parties agree that this AGREEMENT shall not be admissible in any proceeding as evidence of any
improper conduct by NEWMONT.

 

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F. Free and Voluntary Act. This release means, in part, that EMPLOYEE gives up all
rights to damages and/or money based upon any claims against NEWMONT of age discrimination that
arise through the date this AGREEMENT is signed. EMPLOYEE acknowledges that EMPLOYEE has been
given at least twenty-one (21) days to consider this AGREEMENT and that EMPLOYEE has been advised
to consult with an attorney prior to signing this AGREEMENT. EMPLOYEE may waive the balance of the
twenty-one (21) day consideration period by signing this AGREEMENT sooner. EMPLOYEE further
acknowledges that by law EMPLOYEE has the right to revoke (that is, cancel) this AGREEMENT within
seven (7) calendar days of signing it. To be effective, EMPLOYEE’S revocation must be in writing
and tendered to Executive Vice President of Human Resources, Newmont, 6363 South Fiddlers Green
Circle, Greenwood Village, CO 80111, either by mail or by hand delivery within the seven (7) day
period. If by mail, the revocation must be: 1) postmarked within the seven (7) day period; 2)
properly addressed; and 3) sent by Certified Mail, Return Receipt Requested. In the event that
EMPLOYEE exercises this right to revoke, EMPLOYEE agrees to return to NEWMONT any and all sums paid
to EMPLOYEE in consideration of the AGREEMENT.

G. No Other Representations. EMPLOYEE acknowledges that no promises or
representations have been made to induce EMPLOYEE to sign this AGREEMENT other than as expressly
set forth herein and that EMPLOYEE has signed this AGREEMENT as a free and voluntary act.

THIS IS A RELEASE — BY SIGNING, YOU ARE ACKNOWLEDGING THAT YOU

 HAVE READ, UNDERSTAND, AND AGREE TO
THE TERMS SET FORTH 

ABOVE. BEFORE SIGNING YOU SHOULD READ CAREFULLY

AND CONSULT WITH AN ATTORNEY

	 	 	 	 	 	 	 	 	 	 	 
	NEWMONT	 	 	 	EMPLOYEE	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:	 	/s/ William MacGowan	 	 	 	/s/ Alan Blank	 	 
	 	 	 	 	 	 	 	 	 
	 

	 	Name:
	 	William MacGowan	 	 	 	 	 	 
	 

	 	Title:
	 	President	 	 	 	 	 	 
	 	 	Date: May 5, 2010	 	 	 	Date: May 5, 2010	 	 

 

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EXHIBIT A

RELEASE AND WAIVER

I. RECITALS

A. This EXHIBIT A RELEASE AND WAIVER (hereinafter “EXHIBIT”), which is effective on the
EFFECTIVE DATE, is by and between Newmont International Services Limited and Alan Blank
(hereinafter “EMPLOYEE”).

B. Unless otherwise defined herein, this EXHIBIT incorporates the definitions set forth in the
AGREEMENT.

C. This EXHIBIT sets forth the understanding between NEWMONT and EMPLOYEE concerning all of
EMPLOYEE’s disputes with NEWMONT, including but not limited to all claims which EMPLOYEE has or
could have raised against NEWMONT in connection with EMPLOYEE’s employment and related benefits.
It is the desire of the parties to settle all disputes, known and unknown, in accordance with the
terms and conditions set forth in this AGREEMENT.

D. In consideration of the promises contained in this EXHIBIT, NEWMONT and EMPLOYEE agree as
follows:

II. DEFINITIONS

The following definitions shall be applicable for the purposes of only this AGREEMENT:

A. “EFFECTIVE DATE” means the first date upon which all of the following have occurred: (1)
EMPLOYEE has executed this EXHIBIT and (2) the revocation period, if any, has expired without
revocation by EMPLOYEE; (3) the executed EXHIBIT has been timely returned to Executive Vice
President of Human Resources, Newmont, 6363 South Fiddlers Green Circle, Greenwood Village, CO
80111; and (4) any CLAIMS by EMPLOYEE have been withdrawn and dismissed with prejudice.

B. “EXHIBIT” means this Exhibit A Release and Waiver.

C. “COMPANY INFORMATION” means any confidential legal, financial, marketing, business,
technical, or other information, including specifically but not exclusively, information which
EMPLOYEE prepared, caused to be prepared, or received in connection with EMPLOYEE’s employment with
NEWMONT, such as management and business plans, business strategies, software, software
evaluations, trade secrets, personnel information, marketing methods and techniques, and any of the
above-recited information as it relates to NEWMONT. COMPANY INFORMATION does not
include: (a) information or knowledge which may subsequently come into the public domain after the
termination of EMPLOYEE’s employment other than by way of unauthorized disclosure by EMPLOYEE; or
(b) information or knowledge which EMPLOYEE is required to disclose by order of a governmental
agency or court after timely notice has been provided to NEWMONT of such order.

 

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D. “NEWMONT PROPERTY” shall include, but not be limited to, keys, access cards, files,
memoranda, reports, software, credit cards, computer disks, instructional and management manuals,
books, cellular phones, blackberries and computer equipment of NEWMONT.

E. “SEPARATION DATE” means January 11, 2011.

III. COVENANTS

A. Consideration to EMPLOYEE. Contingent upon execution of this EXHIBIT without
revocation on or after the SEPARATION DATE, NEWMONT will provide the payment and consideration
stated in paragraph III.(B) of the AGREEMENT, less all applicable local, state, and federal
withholding taxes.

B. No Other Payments. Payment of all sums set forth in this EXHIBIT shall discharge
all obligations of NEWMONT to EMPLOYEE, and EMPLOYEE waives all rights to other compensation and
benefits including specifically, but not exclusively, salaries, bonuses, benefits of whatsoever
kind and description, and allowances for perquisites, but excluding all vested rights pursuant to
NEWMONT’s Pension and Savings plans.

C. Return and Protection of COMPANY INFORMATION. EMPLOYEE will not use or disclose
COMPANY INFORMATION at any time subsequent to the EFFECTIVE DATE of this EXHIBIT. EMPLOYEE will,
by the SEPARATION DATE, return to NEWMONT all NEWMONT PROPERTY and all documents and other material
containing COMPANY INFORMATION. EMPLOYEE will not retain copies or excerpts of COMPANY
INFORMATION. EMPLOYEE acknowledges that this paragraph is a material term of this AGREEMENT.
Accordingly, in the event of a breach of this paragraph by EMPLOYEE, in addition to any other
remedy available to NEWMONT, NEWMONT may cease any remaining payments otherwise due EMPLOYEE under
this AGREEMENT and will be entitled to injunctive relief and damages against EMPLOYEE.

 

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D. Release of Claims By EMPLOYEE. As a material inducement to NEWMONT to enter into
this EXHIBIT, EMPLOYEE, as a free and voluntary act, hereby forever releases and discharges NEWMONT
from, and covenants not to sue NEWMONT for, CLAIMS which EMPLOYEE might have or assert against
NEWMONT (1) by reason of EMPLOYEE’S employment and/or termination of employment by NEWMONT and all
circumstances related thereto; or (2) by reason of any other matter, cause or thing whatsoever
which may have occurred between EMPLOYEE and NEWMONT prior to the EFFECTIVE DATE of this EXHIBIT,
excluding claims regarding EMPLOYEE’s vested benefits in NEWMONT’S Pension or Savings Plans. With
respect to any charges of discrimination filed with any federal, state or local agency, pending or
otherwise, arising from or related to EMPLOYEE’S employment or termination of employment with
NEWMONT, EMPLOYEE acknowledges that EMPLOYEE has the right to file a charge, but that EMPLOYEE
knowingly and voluntarily waives his or her right to seek individual relief on his or her own
behalf.

E. Tax Liability. EMPLOYEE and NEWMONT agree that, in the event any taxing authority
determines that amounts paid pursuant to this agreement are taxable beyond any amount withheld by
NEWMONT, EMPLOYEE is solely responsible for the payment of all such taxes and penalties assessed
against EMPLOYEE, except for legally mandated employer contributions, and that NEWMONT has no duty
to defend EMPLOYEE against any such tax claim, penalty or assessment. EMPLOYEE agrees to cooperate
in the defense of any such claim brought against NEWMONT. NEWMONT agrees to cooperate in the
defense of any such claim brought against EMPLOYEE.

IV. ADDITIONAL PROVISIONS

A. Severability. In case any one or more of the provisions of this EXHIBIT shall be
found to be invalid, illegal or unenforceable in any respect, the validity, legality and
enforceability of the remaining provisions contained herein shall not in any way be affected or
impaired. Further, any provision found to be invalid, illegal or unenforceable shall be deemed,
without further action on the part of the parties hereto, to be modified, amended and/or limited to
the minimum extent necessary to render such clauses and/or provisions valid and enforceable.

B. Governing Law. This AGREEMENT shall be construed in accordance with the laws of
the state of Colorado.

C. No Admission of Liability. NEWMONT denies that it has taken any improper action
against EMPLOYEE in violation of any federal, state, or local law or common law principle. The
parties agree that this EXHIBIT shall not be admissible in any proceeding as evidence of any
improper conduct by NEWMONT.

D. Free and Voluntary Act. This release means, in part, that EMPLOYEE gives up all
rights to damages and/or money based upon any claims against NEWMONT of age discrimination that
arise through the date this AGREEMENT is signed. EMPLOYEE acknowledges that EMPLOYEE has been
given at least twenty-one (21) days to consider this AGREEMENT and that EMPLOYEE has been advised
to consult with an attorney prior to signing this AGREEMENT. EMPLOYEE may waive the balance of the
twenty-one (21) day consideration period
by signing this AGREEMENT sooner. EMPLOYEE further acknowledges that by law EMPLOYEE has the
right to revoke (that is, cancel) this AGREEMENT within seven (7) calendar days of signing it. To
be effective, EMPLOYEE’S revocation must be in writing and tendered to Executive Vice President of
Human Resources, Newmont, 6363 South Fiddlers Green Circle, Greenwood Village, CO 80111, either by
mail or by hand delivery within the seven (7) day period. If by mail, the revocation must be: 1)
postmarked within the seven (7) day period; 2) properly addressed; and 3) sent by Certified Mail,
Return Receipt Requested. In the event that EMPLOYEE exercises this right to revoke, EMPLOYEE
agrees to return to NEWMONT any and all sums paid to EMPLOYEE in consideration of the AGREEMENT.

 

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E. No Other Representations. EMPLOYEE acknowledges that no promises or
representations have been made to induce EMPLOYEE to sign this EXHIBIT other than as expressly set
forth herein and that EMPLOYEE has signed this EXHIBIT as a free and voluntary act.

THIS IS A RELEASE — BY SIGNING, YOU ARE ACKNOWLEDGING THAT YOU

HAVE READ, UNDERSTAND, AND AGREE TO THE TERMS SET FORTH

ABOVE. BEFORE SIGNING YOU SHOULD READ CAREFULLY

AND CONSULT WITH AN ATTORNEY

	 	 	 	 	 	 	 	 	 	 	 
	NEWMONT

	 	 	EMPLOYEE	 
	 
	 	 	 	 	 	 	 	 	 	 
	By: 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	Title:  
	 	 	 	 	 	 	 	 	 
	 	Date:  

	 	 	 	 	Date:	 	 	 	 
	 

	 	 

	 	 
	 	 	 	 

	 	 

 

- 10 -

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00176-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00176-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00176-of-00352.parquet"}]]