Document:

EX-10.12

 Exhibit 10.12 

FIRST AMENDMENT TO THE EMPLOYMENT AGREEMENT 

This FIRST AMENDMENT TO THE EMPLOYMENT AGREEMENT (this “Amendment”), dated as of June 1, 2018 (the
“Effective Date”), is by and between Charah, LLC, a Kentucky limited liability company (the “Company”) and Bruce Kramer (the “Executive”). 

RECITALS 

WHEREAS, the Company and the Employee are parties to that certain Employment Agreement, dated as of January 13, 2017 (the
“Employment Agreement”), and any terms not defined herein shall have the same meaning as in the Employment Agreement; and 

WHEREAS, the Company and the Executive desire to amend the Employment Agreement and Exhibit A attached thereto, effective as of the
Effective Date, according to the terms and conditions set forth in this Amendment, to account for certain changes to the terms of Employee’s employment. 

NOW, THEREFORE, in consideration of the mutual promises, agreements, and consideration set forth below, the parties agree to the
following terms: 
 WITNESSETH 

1.    Amendment to Section 4(a). Section 4(a) is hereby amended and restated in its
entirety as follows: 
 “(a) Base Compensation. Executive shall be provided with annualized base salary of $ 450,000 (the
“Base Compensation”), payable in accordance with the regular payroll practices of the Company, with adjustments, if any, as may approved in writing by the Board.” 

2.    Amendment to Section 4(b). Section 4(b) is hereby amended and restated in its
entirety as follows: 
 “(b) Annual Bonus. Executive shall be eligible to earn an annual bonus with respect to each fiscal year
of the Company ending during the remaining Term of Employment up to an amount equal to sixty percent (60%) of Executive’s then-Base Compensation (pro-rated for any fractional year) (the “Annual
Bonus”). The amount of the Annual Bonus actually paid, including any related performance metrics shall be determined by the Board, or by the Compensation Committee designated by the Board, in either case in its sole discretion, after
consultation with the Executive. The Annual Bonus, to the extent earned, shall be paid in the calendar year following the applicable performance year within thirty (30) days following the delivery of the Company’s audited financial
statements for the relevant performance year if Executive is employed by the Company upon the delivery thereof.” 

3.    Amendment to Exhibit A. Exhibit A is hereby amended to add to the existing title, “Executive Vice
President & Chief Financial Officer”, a second title, “Chief Financial Officer and Treasurer of Charah Solutions, Inc.” in the column titled “Position”. 

4.    Construction. Except as specifically provided in this Amendment, the Employment Agreement will remain in full
force and effect and is hereby ratified and confirmed in all respects. To the extent a conflict arises between the terms of the Employment Agreement and this Amendment, the terms of this Amendment shall prevail. 

 5.    Governing Law. This Amendment shall be construed under and
enforced in accordance with the laws of the Commonwealth of Kentucky, in accordance with Section 22 of the Employment Agreement. 

6.    Entire Agreement. The Employment Agreement, as amended by this Amendment effective as of the Effective Date,
embodies the entire agreement and understanding between the parties hereto and supersedes all prior agreements and understandings relating to the subject matter hereof. No agreements or representations, oral or otherwise, express or implied, with
respect to the subject matter hereof have been made by either party which are not expressly set forth in the Employment Agreement and this Amendment. 

7.    Counterparts. This Amendment may be executed in several counterparts, each of which shall be deemed to be an
original but all of which together will constitute one and the same instrument. 
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 2 

 IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the Effective
Date. 
  

			
	CHARAH, LLC
		
	By:	 	 /s/ Charles W. Price

	Name:	 	 Charles W. Price

	Title:	 	 Vice President

	
	EXECUTIVE
	
	 /s/ Bruce Kramer

	Bruce Kramer

 AMENDMENT TO EMPLOYMENT AGREEMENT – Bruce KramerEX-10.13

 Exhibit 10.13 

FORM OF AMENDMENT TO THE EMPLOYMENT AGREEMENT 

This AMENDMENT TO THE EMPLOYMENT AGREEMENT (this “Amendment”), dated as of June [1], 2018 (the “Effective
Date”), is by and between Allied Power Management, LLC (the “Company”) and Dorsey Ron McCall (the “Executive”). 

RECITALS 

WHEREAS, the Company and the Employee are parties to that certain Amended and Restated Employment Agreement, dated as of July 12,
2017 (the “Employment Agreement”), and any terms not defined herein shall have the same meaning as in the Employment Agreement; and 

WHEREAS, the Company and the Executive desire to amend the Employment Agreement, effective as of the Effective Date, according to the
terms and conditions set forth in this Amendment, to account for certain changes to the terms of Employee’s employment. 
 NOW,
THEREFORE, in consideration of the mutual promises, agreements, and consideration set forth below, the parties agree to the following terms: 

WITNESSETH 

1.    The first sentence of Section 2(a) is hereby and amended and restated as follows: 

“Executive shall serve as the Senior Vice President of Charah Solutions, Inc. and shall have the normal duties, responsibilities,
functions and authority customarily associated with such office, subject to the power of the governing body of Charah Solutions, Inc. to reasonably modify such duties, responsibilities, functions and authority so long as such duties,
responsibilities, functions and authority, as modified, continue to be customary for a senior vice president and are in keeping with such position.” 

2.    New Section 3(c) is hereby added and reads as follows: 

“(c) Executive shall be eligible to receive a bonus (the “Incentive Bonus”) equal to 7.5% of EBITDA generated by new
international operations focused on nuclear operations (“International Nuclear Operations”) (EBITDA as defined by GAAP and determined in the Employer’s sole and complete discretion), which shall be payable annually and as soon
as practicable following the Employer’s completion of its audited financials for the fiscal year to which the Incentive Bonus applies, subject to the Executive’s continuous employment with the Employer on the date of payment. An additional
7.5% of EBITDA generated by the International Nuclear Operations shall be allocated to certain employees of the Employer at the discretion of the Executive in consultation with the Employer. Notwithstanding anything to the contrary in this
Agreement, upon Executive’s termination by the Employer without Cause (as defined below) or due to Executive’s Approved Retirement (as defined below), death or Disability (as defined below), subject to the release requirements set forth in
Section 4(c), Executive shall be eligible to receive (i) the Incentive Bonus Executive would have earned for the fiscal year of such termination without Cause or Approved Retirement, without regard for any pro-ration and (ii) a pro-rata portion of the Incentive Bonus Executive would have earned for the fiscal year following the fiscal year of such termination without Cause or Approved Retirement, with such
pro-rata portion determined based on the quotient determined by dividing the number of days between the beginning of the fiscal year in which such termination occurs and the date of Employee’s termination
of employment, divided by 365, which will be payable at such time as the Incentive Bonus would be paid according to this Section 3(c), which for the avoidance of doubt, shall be year following the year of

 
payable in the year following the year to which such Incentive Bonus applies. For purposes of this Section 3(c), “Approved Retirement” means the Executive’s termination of
employment as a result of the Executive’s voluntary resignation of employment following ninety (90) days prior written notice to the Employer at such time that the Executive is at least 65 years of age.” 

3.    Existing Sections 3(c), (d), (e), (f) and (g) are hereby renumbered to Sections 3(d), (e), (f), (g), and (h),
respectively, and all references to these sections in the Agreement shall reference the renumbered section. 

4.    Construction. Except as specifically provided in this Amendment, the Employment Agreement will remain in full
force and effect and is hereby ratified and confirmed in all respects. To the extent a conflict arises between the terms of the Employment Agreement and this Amendment, the terms of this Amendment shall prevail. 

5.    Governing Law. This Amendment shall be construed under and enforced in accordance with the laws of the State
of Louisiana, in accordance with Section 16 of the Employment Agreement. 
 6.    Entire Agreement. The
Employment Agreement, as amended by this Amendment effective as of the Effective Date, embodies the entire agreement and understanding between the parties hereto and supersedes all prior agreements and understandings relating to the subject matter
hereof. No agreements or representations, oral or otherwise, express or implied, with respect to the subject matter hereof have been made by either party which are not expressly set forth in the Employment Agreement and this Amendment. 

7.    Counterparts. This Amendment may be executed in several counterparts, each of which shall be deemed to be an
original but all of which together will constitute one and the same instrument. 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
 2 

 IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the Effective
Date. 
  

			
	CHARAH, INC.
		
	 By:
	 	
              
                                         
              

	 Name:
	 	  

	 Title:
	 	  

	
	EXECUTIVE
	
	  

	 Dorsey Ron McCall

 AMENDMENT TO EMPLOYMENT AGREEMENT – Dorsey Ron McCall

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