Document:

exv10waa

Exhibit 10.(aa)

AMENDED AND RESTATED EMPLOYMENT AGREEMENT

     This Amended and Restated Employment Agreement is made on this 22nd day of December, 2008,
between Coeur d’Alene Mines Corporation (“Company”), and Richard Weston (“Employee”) is made
effective on 31st day of December, 2008.

WITNESSETH:

     In consideration of the mutual promises and covenants herein contained to be kept and
performed by the parties hereto, the parties agree as follows:

1. Employment. The Company agrees to, and hereby does, employ Employee as Senior Vice
President Operations, and Employee accepts such employment, on the terms and conditions of this
Agreement.

2. Term Of Employment. The initial term of this Agreement was from February 13, 2006
through June 30, 2007, which was further extended through July 31, 2010 by amendment. The term, as
amended, may be sooner terminated as herein provided. It is further agreed that this Agreement may
be considered for a one year extension during the month of July 2009, to the end that the parties
may be once again bound to a two year duration of this Agreement. It is understood, however, that
termination can occur in accordance with the provisions of paragraph 7 below, notwithstanding
anything to the contrary in this paragraph 2.

3. Compensation. The Company shall pay to Employee during the duration of the term of this
Agreement as follows:

     (a) A base salary of $289,820 annually, payable in equal monthly installments, which may be
reviewed annually during any Agreement year, but which may not be decreased, and any higher salary
to become the base salary for the purposes of this provision, it being understood, however, that
failure to increase the salary shall not be grounds for termination of this Agreement;

     (b) Such other compensation and benefits that may be made available by the Company in the
discretion of the Board of Directors, consisting of bonuses, short-term and long-term incentive
plans, pension plan, retirement plan, profit sharing plan, stock purchase plan and any other kind
or type of incentive programs approved by the Board. It is understood that Employee shall be a
participant in all compensation and benefit programs, both pension and welfare benefit plans, which
exist for the executive staff of the Company;

     (c) Employee shall be entitled to earn a bonus during each calendar year of this Agreement
payable in cash equal to no less than 45% of Employee’s then current annual salary, which, at the
date of this Agreement, is the potential sum of $130,419 and a maximum of $260,838 (AIP). In
addition, Employee shall be entitled to earn a bonus under the long term plan

 

 

with a target level of 140% or a potential $405,748(LTIP). Such bonuses are at the discretion of
the board of directors; and

     (d) Employee will be eligible for a cash vehicle allowance to be paid by the Company which
allowance amount shall be established by the Company, and may be amended from time-to- time.

     (e) The Company will cover the cost of a furnished apartment in Coeur d’Alene (including
utilities, phone, cable, security, etc) for the first twelve months of your assignment and
thereafter provide a housing allowance of $3,000 per month.

     (f) Employee will be considered a third country national expatriate employee as defined under
the Company’s Expatriate Policy and entitled to all relevant rights therein. The Employee’s
“city-of-origin” is determined to be Sydney, Australia.

     (g) The Company will continue to provide legal counseling services to maintain Employee’s
visa status and that of Employee’s spouse and daughter.

     (h) The Company will contribute 10.89% of the Employee’s base salary to a complying
superannuation fund of Employee’s choice, which shall be annually reviewed for compliance with
Australian laws.

4. Duties. Employee, during the term of this Agreement, shall perform the duties usually
and customarily associated with the office specified in paragraph (1) above and as assigned to
Employee from time-to-time by the Chief Executive Officer of Company. As a part of Employee’s
duties it is agreed that Employee will become familiar with and comply with Employee’s duties under
the Sarbanes-Oxley laws and under the Company’s corporate governance policies, and Employee will
promptly execute the necessary public filings and certify the contents of such documents on the
date of their filing.

     Employee shall devote Employee’s best efforts and substantially all of Employee’s time during
business hours to advance the interests of the Company. Employee shall not engage in business
activity in competition with the Company.

5. Vacation & Travel. Employee shall be entitled to four (4) weeks of vacation during each
contract year of this Agreement, during which the compensation provided in this Agreement shall be
paid in full. The Company will pay for one additional trip per year, over and above what is
provided for in the Company’s Expatriate Policy, for the Employee’s wife and younger dependent
daughter (as long as she is considered a dependent) to travel between the United States and
Australia.

6. Disability. In the event Employee becomes disabled (inability or incapacity due to
physical or mental illness or injury to perform Employee’s duties) during the term of this
Agreement, which renders Employee unable to perform Employee’s duties, Employee shall be entitled
to participate in the Company’s disability payment plan in effect at the time of the disability.

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7. Termination Of Employment. This Agreement shall be terminated as follows:

     (a) In accordance with paragraph 2 above upon the expiration of the term of this Agreement or
any extension thereof;

     (b) Upon the death of Employee;

     (c) By mutual agreement of the parties;

     (d) Upon disability of Employee, when such disability renders Employee unable to perform
Employee’s duties for more than 90 continuous days;

     (e) By the Company without giving any reason for termination, but with the understanding that
the compensation provided herein, except provision of 401K, Defined Contribution Plan, life
insurance, accidental death and dismemberment, vehicle allowance and disability insurance, but
including the target annual incentive bonus and the long term incentive bonus if Employee is so
entitled (it being understood, however, as to the incentive plans the Plan documents control the
Employee’s rights), shall be paid or provided in full to Employee in accordance with this Agreement
in a lump sum amount within 60 days of termination of Employee’s employment the aggregate amount
for the period of the remaining duration of this Agreement. It is agreed that Company may set-off
against the compensation due to Employee under this subparagraph any items of like compensation
which Employee receives from other employment after the date of termination;

     (f) By the Company for cause, which means that Employee has failed to perform Employee’s
duties after having received from the Company written documentation that Employee’s duties are not
being performed, which written documentation shall specify how performance is deficient, and
Employee then fails to resume satisfactory performance promptly after receipt of such documentation
and failure of performance is not satisfactorily rectified. For cause also means a serious and
substantial failure to perform Employee’s duties, which failure is so obvious and so harmful to
Company that written documentation and an opportunity to rectify conduct need not be afforded by
Company to Employee. For cause also means conviction of a felony, or engagement in illegal conduct
which may not constitute a felony but which is injurious to the Company, in either such case
Company need not allow Employee to rectify nonperformance. Failure to perform duties includes, but
is not limited to, misfeasance or nonfeasance of duty which was intended to, or does, injure the
Company’s reputation or its business or relationships, including normal working relationships
between employees; willful and continued failure of Employee to substantially perform his duties
under this Agreement (except by reason of physical or mental disability, which is dealt with in
paragraph 7(d) above); dishonesty in the performance of Employee’s duties and material breach by
Employee of the covenants contained in paragraph 4 above;

     (g) Upon change in control of Company, as “change in control” is defined in the so-called
change in control agreement between Company and Employee, a copy of which is

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attached hereto as Attachment A, and which will be executed by the parties hereto when this
Agreement is executed by them. In the event of termination for this reason, Employee’s and
Company’s rights with respect to compensation and all other matters related to employment shall be
as specified in the change in control agreement, and not this Agreement;

     (h) Upon the insolvency or dissolution of the Company or the cessation of business or
operations; and

     (i) By Employee for Good Reason. For the purposes of this Agreement “Good Reason” is defined
to mean (i) a material reduction in Employee’s responsibilities, authorities or duties compared to
those in existence on the effective date of this Agreement which is evidence of the duties
contemplated by paragraph 4; or (ii) material failure of the Company to pay to Employee any amount
otherwise vested and due under this Agreement or under any plan or policy of the Company, which
failure in either (i) or (ii) is not cured within five days from receipt by the Company of written
notice from Employee which specifies the details of the failure.

     In the event of termination of this Agreement for any of the reasons specified above other
than item (e) (termination by the Company without giving any reason), Employee shall be entitled to
be paid his base salary prorated for the calendar year to the date of termination. All other
benefits, if any, following such termination shall be paid in accordance with the plans, policies
and practices of the Company which are in effect on the date of termination. As to termination in
accordance with item (e) above, Employee shall be paid in accordance with the applicable
subparagraph.

8. Confidentiality. Employee agrees to keep information acquired in connection with
Employee’s employment confidential, in accordance with the confidentiality agreement which is
attached to this Agreement, marked Attachment B, to be executed by Employee when this Agreement is
executed. With respect to confidentiality, Attachment B controls the rights, duties and obligations
of the parties, rather than this paragraph 8.

9. Specific Performance. Employee understands that the obligations undertaken by Employee
as set forth in this Agreement are unique, and that Company will likely have no adequate remedy at
law in the event such obligations are breached. Employee therefore confirms that Company has the
right to seek specific performance if Company feels such remedy is essential to protect the rights
of Company. Accordingly, in addition to any other remedies which Company might have in law or
equity, it shall have the right to have all obligations specifically performed, and to obtain
injunctive relief, preliminary or otherwise, to secure performance. Employee agrees that the
arbitration provision below will not be used to assert dismissal of an action in court for
injunctive relief, and agrees that the availability of arbitration is not intended by the parties
to prevent Company from seeking specific performance and injunctive relief.

10. Arbitration. The Company and Employee will attempt to resolve any disputes under this
Agreement by negotiation. If any matter is not thereby resolved, within 30 days after written
notice by either party to the other, any dispute or disagreement arising out of or relating to this
Agreement, or the breach of it, will be subject to exclusive, final and binding arbitration before

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one arbitrator to be conducted in Coeur d’Alene, Idaho in accordance with the Uniform Arbitration
Act of the State of Idaho and the applicable laws of the State of Idaho governing arbitration of
disputes. The parties to this Agreement specifically acknowledge that any such dispute under this
Agreement, even though this Agreement is between an employer and an employee, is subject to said
Act. Each party hereby submits to the exclusive jurisdiction of the state courts in Kootenai
County, Idaho if it is necessary to proceed in court to enforce this paragraph 10.

11. Other Items. The parties also agree:

     (a) This Agreement shall not be amended or modified in any way unless the amendment or
modification is in writing, signed by the parties. There shall be no oral modification of this
Agreement.

     (b) No provision of this Agreement shall be waived by conduct of the parties or in any other
way.

     (c) This Agreement and its validity, interpretation, construction and performance shall be
governed by the laws of the State of Idaho.

     (d) Employee acknowledges that he received upon execution of this Agreement a copy of the
Company’s Insider Trading Policy, Attachment C.

12. Section 409A Compliance. All payments pursuant to this Agreement shall be subject to
the provisions of this Section 12. This Agreement is intended to be interpreted and operated to
the fullest extent possible so that the payments and benefits under this Agreement either shall be
exempt from the requirements of Section 409A of the Internal Revenue Code of 1986, as amended
(“Section 409A”) or shall comply with the requirements of Section 409A; provided, however, that
notwithstanding anything to the contrary in this Agreement in no event shall the Company be liable
to the Employee for or with respect to any taxes, penalties or interest which may be imposed upon
the Employee pursuant to Section 409A. For purposes of this Agreement, the date on which a
“separation from service” pursuant to Section 409A (“Separation from Service”) occurs shall be
treated as the termination of employment date for purposes of determining the timing of payments
under this Agreement to the extent necessary to have such payments and benefits under this
Agreement be exempt from the requirements of Section 409A or comply with the requirements of
Section 409A. For purposes of determining whether a Separation from Service has occurred for
purposes of Section 409A, a Separation from Service is deemed to include a reasonably anticipated
permanent reduction in the level of services performed by the Employee to less than fifty percent
(50%) of the average level of services performed by the Employee during the immediately preceding
12-month period (or period of service if less than 12 months).

     (a) To the extent that any payment or benefit pursuant to this Agreement constitutes a
“deferral of compensation” subject to Section 409A (after taking into account to the maximum extent
possible any applicable exemptions) (a “409A Payment”) treated as payable upon a Separation from
Service, then, if on the date of the Employee’s Separation from Service, the

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Employee is a Specified Employee, then to the extent required for Employee not to incur additional
taxes pursuant to Section 409A, no such 409A Payment shall be made to the Employee sooner than the
earlier of (i) six (6) months after the Employee’s Separation from Service; or (ii) the date of
Employee’s death. Should this Section 12 otherwise result in the delay of in-kind benefits, any
such benefit shall be made available to the Employee by the Company during such delay period at
Employee’s expense. Should this Section 12 result in payments or benefits to Employee at a later
time than otherwise would have been made under this Agreement, on the first day any such payments
or benefits may be made without incurring additional tax pursuant to Section 409A (the “409A
Payment Date”), the Company shall make such payments and provide such benefits as provided for in
this Agreement, provided that any amounts that would have been payable earlier but for the
application of this Section 12, as well as reimbursement of the amount Employee paid for benefits
pursuant to the preceding sentence, shall be paid in lump-sum on the 409A Payment Date along with
accrued interest at the Prime Rate quoted by JP Morgan Chase on the date that payments or benefits,
as applicable, to Employee should have been made under this Agreement. For purposes of this
Section 12, the term “Specified Employee” shall have the meaning set forth in Section 409A.

     (b) For purposes of complying with Section 409A and without extending the payment timing
otherwise provided in this Agreement, taxable reimbursements under this Agreement, subject to the
following sentence and to the extent required to comply with Section 409A, will be made no later
than the end of the calendar year following the calendar year in which the expense was incurred.
To the extent required to comply with Section 409A, any taxable reimbursements and any in-kind
benefits under this Agreement will be subject to the following: (a) payment of such reimbursements
or in-kind benefits during one calendar year will not affect the amount of such reimbursement or
in-kind benefits provided during any other calendar year (other than for medical reimbursement
arrangements as excepted under Treasury Regulations §1.409A-3(i)(1)(iv)(B) solely because the
arrangement provides for a limit on the amount of expenses that may be reimbursed under such
arrangement over some or all of the period the arrangement remains in effect); (b) such right to
reimbursement or in-kind benefits is not subject to liquidation or exchange for another form of
compensation to the Employee; and (c) the right to reimbursements under this Agreement will be in
effect for the lesser of the time specified in this Agreement or ten years plus the lifetime of the
Employee. Any taxable reimbursements or in-kind benefits shall be treated as not subject to
Section 409A to the maximum extent provided by Section 409A.

     (c) No 409A Payment payable under this Agreement shall be subject to acceleration or to any
change in the specified time or method of payment, except as otherwise provided under this
Agreement and consistent with Section 409A. If under this Agreement, a 409A Payment is to be paid
in two or more installments, for purposes of Section 409A, each installment shall be treated as a
separate payment.

     (d) If the Company or Employee determines that any provision of this Agreement is or might be
inconsistent with the requirements of Section 409A, the parties shall attempt in good faith to
agree on such amendments to this Agreement as may be necessary or appropriate to avoid subjecting
Employee to the imposition of any additional tax under Section 409A without changing the basic
economic terms of this Agreement. Notwithstanding the foregoing, no

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provision of this Agreement shall be interpreted or construed to transfer any liability for failure
to comply with Section 409A from Employee or any other individual to the Company. This Section 12
is not intended to impose any restrictions on payments or benefits to Employee other than those
otherwise set forth in this Agreement or required for Employee not to incur additional tax under
Section 409A and shall be interpreted and operated accordingly. The Company to the extent
reasonably requested by Employee shall modify this Agreement to effectuate the intention set forth
in the preceding sentence.

     IN WITNESS WHEREOF, the parties have executed this amended and restated Agreement as of the
day and year first-above written.

	 	 	 	 	 
	THE COMPANY 	COEUR D’ ALENE MINES CORPORATION

 	 
	 	/s/ Dennis E. Wheeler
 	 
	 	Dennis E. Wheeler 	 
	 	Chairman, President & CEO 	 
	 

	 	 	 	 	 
	 	 	 
	THE EXECUTIVE 	/s/ Richard Weston
 	 
	 	Richard Weston 	 
	 	Senior Vice President Operations 	 

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AMENDED AND RESTATED CHANGE IN CONTROL AGREEMENT

     THIS AMENDED AND RESTATED OF THE CHANGE IN CONTROL AGREEMENT dated as of this 22nd day of
December, 2008, is made and entered into between Coeur d’Alene Mines Corporation (the “Company”)
and Richard Weston (the “Executive”) and is made in light of the following circumstances:

     A. The Company recognizes the valuable services that the Executive will render and desires to
be assured that the Executive will continue his active participation in the management and business
of the Company; and

     B. The Company considers the establishment and maintenance of a sound and vital management to
be essential to protecting and enhancing the best interests of the Company and its shareholders,
and the Company recognizes the existence and continued likely existence of possible change in
control of the Company, as defined below, causing uncertainty among management and resulting in the
possible departure or distraction of members of management to the detriment of the Company and its
shareholders; and

     C. The Executive is willing to serve the Company, but desires assurance that in the event of
any such change in control of the Company, he will be protected against the financial impact of an
unexpected termination; and

     D. The Company and Executive want to document that payments under this Agreement are intended
to be exempt from the requirements of Section 409A of the Internal Revenue Code of 1986, as amended
(“Section 409A”) or comply with such requirements.

     NOW, THEREFORE, the Company agrees that the severance benefits described below will be
provided, subject to the terms and conditions set forth below, to the Executive in the event the
employment of the Executive with the Company or its subsidiaries is terminated subsequent to a
change in control of the Company, as defined below, under the circumstances described below:

1. Company’s Right to Terminate. During the Term of Agreement, as defined below, the
Executive agrees, so long as he continues to be employed as an officer of the Company or any of its
subsidiaries, to continue to perform his regular duties as such officer of the Company in
accordance with the Amended and Restated Employment Agreement effective as of December 31, 2008
(the “Employment Agreement”). Notwithstanding the foregoing, the Company may terminate the
employment of the Executive at any time, subject to providing the benefits hereinafter specified in
accordance with the terms hereto and subject to all terms and conditions of the Employment
Agreement.

2. Effective Date. The “Effective Date” shall be December 31, 2008.

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3. Term of Agreement. This Agreement shall have a termination date which is identical to
the Employment Agreement and shall continue from day-to-day until terminated in accordance with the
termination provisions of the Employment Agreement, unless a change in control of the Company, as
defined below, shall have occurred prior to that date, in which event it shall continue in effect
during the two (2) year period immediately following such change in control as provided herein.

4. Change in Control. No benefits shall be payable hereunder unless there shall have
occurred a Change in Control of the Company, as defined below, and the employment of the Executive
by the Company shall have been thereafter terminated in the manner described in Section 5 hereof.
For purpose of this Agreement, a Change in Control of the Company (“Change in Control”) shall mean
and be determined to have occurred in the following instances:

	 	(i)	 	any organization, group or person (“Person”) (as such term is used in Sections
13(d) and 14(d) of the Securities Exchange Act of 1934, as amended)(the “Exchange Act”)
is or becomes the beneficial owner (as defined in Rule 13d-3 under the Exchange Act),
directly or indirectly, of securities of the Company representing 35% or more of the
combined voting power of the then outstanding securities of the Company; or
	 
	 	(ii)	 	during any two-year period, a majority of the members of the Board serving at
the Effective Date of this Agreement is replaced by directors who are not nominated and
approved by the Board; or
	 
	 	(iii)	 	a majority of the members of the Board is represented by, appointed by or
affiliated with any Person whom the Board has determined is seeking to effect a Change
in Control of the Company; or
	 
	 	(iv)	 	the Company shall be combined with or acquired by another company and the Board
shall have determined, either before such event or thereafter, by resolution, that a
Change in Control will or has occurred.

5. Termination Following Change in Control. If a Change in Control shall have occurred, the
Executive shall be entitled to the benefits provided in Section 6 hereof upon the subsequent
involuntary termination, whether actual or constructive, as defined below, of the employment of the
Executive within the two (2) year period immediately following such Change in Control, for any
reason other than termination for cause, disability, death, normal retirement or early retirement.
For the purposes of this section:

(a) “Constructive Involuntary Termination” shall mean voluntary termination of employment by
the Executive as a result of a material change in the duties, responsibilities, reporting
relationship, job description, compensation, perquisites, office or location of employment
of Executive without the written consent of the Executive. A termination by the Executive
shall not be deemed to be a “Constructive Involuntary Termination” unless the Executive
shall have provided notice to the Company of the change constituting Constructive
Involuntary Termination within 90 days of its

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occurrence and the Company had a 30-day opportunity after such notice to cure such change.

(b) “Cause” shall mean termination of employment on account of (i) fraud, misrepresentation,
theft or embezzlement, (ii) intentional violation of laws involving moral turpitude or which
is materially injurious to the Company, (iii) willful and continued failure by the Executive
substantially to perform his or her duties with the Company or its subsidiaries (other than
failure resulting from the Executive’s incapacity due to physical or mental illness), after
a demand for substantial performance is delivered to the Executive by the President or the
Chairman of the Board of the Company, which demand specifically identifies the manner in
which the Executive has not substantially performed his or her duties.

(c) “Disability” shall mean inability or incapacity, due to physical or mental illness, of
the Executive to perform his or her duties with the company for a period of three continuous
months.

     Any termination of the employment of the Executive by the Company shall be communicated by a
written notice of termination addressed to the Executive and any termination of the employment of
the Executive by the Executive, except by death, shall be communicated by a written notice of
termination addressed to the President or Chairman of the Board of the Company. The notice of
termination shall specify the date of termination (“Date of Termination”) and the characterization
of the termination.

6. Benefits Upon Termination. If the Executive’s employment by the Company shall be
terminated as provided in Section 5 hereof, other than for cause, disability or death, the
Executive shall be entitled to the benefits provided below:

(a) Base Salary and Bonuses. The Company shall pay a lump sum amount within 60 days
following termination of employment equal to the sum of the Executive’s full annual base
salary at the rate in effect immediately prior to the termination of the employment of the
Executive, and the Executive’s short-term and long-term bonuses at target levels pursuant to
the Company’s then current Long-Term Incentive Plan, that would have been paid for the
period of two (2) years following actual involuntary termination or Constructive Involuntary
Termination, if such termination occurs during the period in which this Agreement is in
effect (the “Compensation Period”). Benefits paid in accordance with this Subsection 6(a)
shall not be reduced in the event the Executive is employed elsewhere during this time
period, or by reason of death or disability.

(b) Medical and Dental Benefits; Long-term Disability Benefits. The Company shall
maintain in full force and effect from the Date of Termination through the end of the
Compensation Period, all medical and dental benefits and all long term disability benefits
in which the Executive was entitled to participate immediately prior to the Date of
Termination, to the same extent as if the Executive had continued to be an employee of the
Company during the Compensation Period, provided that such continued participation

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is feasible under the general terms and provisions of such plans and programs. To the
extent such continued participation is not feasible, the Company shall arrange to provide
the Executive with substantially the same benefits as those to which he or she would have
been entitled to receive under such plans and programs. All such medical and dental
benefits shall be subject to the group health plan continuation coverage requirements as
provided in Section 4980B of the Internal Revenue Code of 1986, as amended (The “Code”).
All such medical and dental benefits shall be discontinued upon employment by the Executive
with another company and the commencement of coverage of the Executive pursuant to a
long-term disability plan of such new employer.

(c) Stock Options. In the event of a Change in Control, all outstanding stock
options, stock appreciation rights, restricted stock, performance plan awards and
performance shares granted by the Company to the Executive under the Company’s Long-Term
Incentive Plan shall become immediately exercisable in full and otherwise vest 100% in
accordance with the subject to the provisions under Section 13 of such Long-Term Performance
Plan.

(d) Retirement Benefits.

(1) Defined Contribution Plans. The Company shall not use the provisions of
any defined contribution plan to deny a lump sum option to the Executive unless this
occurs under uniform treatment applicable to all plan participants.

(2) Defined Benefit Plan. The Executive shall be entitled to continued
credit for years of service under the defined benefit plan of the Company from the
date of Termination through the Compensation Period, and any compensation paid to
the Executive pursuant to subsection 6(a) above shall be treated as salary
compensation for purposes of such plan. To the extent that such augmentation of the
defined benefit plan is not possible under such plan, the Company shall pay the
Executive a lump sum amount within 60 days following the termination of the
Executive’s employment equal to the present value of such augmentation, or arrange
to provide the Executive with substantially the same benefit.

(e) Certain Executive Reimbursement. The Company shall pay the Executive an amount
necessary to reimburse the Executive for all legal fees and expenses incurred by the
Executive as a result of the Change in Control of the company and such termination of
employment, including any fees and expenses incurred in contesting or disputing any such
termination or in seeking to obtain or enforce any right or benefit provided by this
Agreement; provided, however, that the Company shall be obliged only to pay amounts
necessary to reimburse the Executive for legal fees and expense incurred by the Executive
with respect to any claim or claims made by him as to which he shall substantially prevail
in litigation relating thereto against the Company.

     The payment provided for in subsection 6(a) hereof shall be subject to applicable payroll or
other tax required to be withheld by the Company. Payments to the Executive hereunder shall be
considered severance pay in consideration of past service and his or her continued service

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after the date of this Agreement. The payment provided for in subsection 6(d)(1) hereof shall be
made to the Executive within five (5) business days after the Date of Termination. The Executive
shall not be required to mitigate the amount of any payment provided for in this Section 6 by
seeking other employment or otherwise, and except as provided in subsection 6(b) above, the amount
of any payment provided for in this Section 6 shall not be reduced by any compensation earned by
the Executive as a result of employment by another employer after the Date of Termination, or
otherwise.

7. Limitation on Payments. If the severance payments provided for under this Agreement,
either alone or together with other payments which the Executive would have the right to receive
from the Company, would constitute a “parachute payment,” as defined in Section 280G(a) of the Code
as in effect at the time of payment, such payment shall be reduced to the largest amount as will
result in no portion being subject to the excise tax imposed by Section 4999 of the Code or the
disallowance of a deduction by Company pursuant to Section 280G of the Code. The determination of
the amount of any reduction under this section, and the plan and payment to which such reductions
shall apply, shall, to the extent permitted by Section 409A, be made in good faith by the Executive
or otherwise shall be made in such a manner so as to maximize the value of payments to the
Executive and such determination shall be binding on the Company.

8. Successor; Binding Agreement

(a) The Company will require any successor (whether direct or indirect) by purchase, merger,
consolidation or otherwise, to all or substantially all of the business or assets of the Company by
agreement in form and substance satisfactory to the Executive, to expressly assume and agree to
perform this Agreement in the same manner and to the same extent that the Company would be required
to perform it if no such succession had taken place.

(b) This Agreement shall inure to the benefit of and be enforceable by the personal or legal
representatives, executors, administrators, successors, heirs, distributees, devisees and legatees
of the Executive. If the Executive should die while any amount would be payable to the Executive
hereunder if the Executive had continued to live, all such amounts, unless otherwise provided
herein, shall be paid in accordance with the terms of this Agreement to the devisee, legatee or
other designee or, if there be no such designee, to the estate of the Executive.

9. Notices. For the purposes of this Agreement, notices and all other communications
provided for in the Agreement shall be in writing and shall be deemed to have been duly given when
delivered or mailed by certified or registered mail, return receipt requested, postage prepaid,
addressed:

	 	 	 
	if to the Company:
	 	Chairman and Chief Executive Officer

Coeur d’Alene Mines Corporation

505 Front Avenue

Coeur d’Alene, ID 83814
	 	 	 
	if to the Executive:
	 	Richard Weston

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	 	Coeur d’Alene Mines Corporation

505 Front Avenue

Coeur d’Alene, ID 83814

or to such other address as either party may have furnished to the other in writing in accordance
herewith except the notice of change of address shall be effective only upon receipt.

10. Miscellaneous. No provisions of this Agreement may be modified, waived or discharged
unless such waiver, modification or discharge is agreed to in writing signed by the Executive and
on behalf of the Company by the President, the chairman of the Board or such other officer as may
be specifically designated by the Board. No waiver by either party there of, or compliance with,
any condition or provision of this Agreement to be performed by such other party shall be deemed a
waiver of similar or dissimilar provisions or conditions at the time or at any prior to subsequent
time. 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 this
Agreement. This Agreement shall not supersede or in any way limit the rights, duties or
obligations the Executive may have under any other written agreement with the Company. The
validity, interpretation, construction and performance of this Agreement shall be governed by the
laws of the State of Idaho.

11. Severability. The invalidity or unenforceability of any provisions of this Agreement
shall not affect the validity or enforceability of any other provision of this Agreement, which
shall remain in full force and effect.

12. Arbitration. Any dispute or controversy arising under or in connection with this
Agreement shall be settled exclusively by arbitration in Coeur d’Alene, Idaho in accordance with
the rules of the American Arbitration Association then in effect. Judgment may be entered on the
arbitrator’s award in any court having jurisdiction.

13. Section 409A Compliance. All payments pursuant to this Agreement shall be subject to
the provisions of this Section 13. This Agreement is intended to be interpreted and operated to
the fullest extent possible so that the payments and benefits under this Agreement either shall be
exempt from the requirements of Section 409A or shall comply with the requirements of Section
409A; provided, however, that notwithstanding anything to the contrary in this Agreement in no
event shall the Company be liable to the Executive for or with respect to any taxes, penalties or
interest which may be imposed upon the Executive pursuant to Section 409A. For purposes of this
Agreement, the date on which a “separation from service” pursuant to Section 409A (“Separation from
Service”) occurs shall be treated as the termination of employment date for purposes of determining
the timing of payments under this Agreement to the extent necessary to have such payments and
benefits under this Agreement be exempt from the requirements of Section 409A or comply with the
requirements of Section 409A. For purposes of determining whether a Separation from Service has
occurred for purposes of Code Section 409A, a Separation from Service is deemed to include a
reasonably anticipated permanent reduction in the level of services performed by the Executive to
less than fifty percent (50%) of the average

13

 

level of services performed by the Executive during the immediately preceding 12-month period (or
period of service if less than 12 months).

(a) Payments to Specified Employees. To the extent that any payment or benefit
pursuant to this Agreement constitutes a “deferral of compensation” subject to Section 409A
(after taking into account to the maximum extent possible any applicable exemptions) (a
“409A Payment”) treated as payable upon a Separation from Service, then, if on the date of
the Executive’s Separation from Service, the Executive is a Specified Employee, then to the
extent required for Executive not to incur additional taxes pursuant to Section 409A, no
such 409A Payment shall be made to the Executive sooner than the earlier of (i) six (6)
months after the Executive’s Separation from Service; or (ii) the date of Executive’s death.
Should this Section 13 otherwise result in the delay of in-kind benefits, any such benefit
shall be made available to the Executive by the Company during such delay period at
Executive’s expense. Should this Section 13 result in payments or benefits to Executive at
a later time than otherwise would have been made under this Agreement, on the first day any
such payments or benefits may be made without incurring additional tax pursuant to Section
409A (the “409A Payment Date”), the Company shall make such payments and provide such
benefits as provided for in this Agreement, provided that any amounts that would have been
payable earlier but for the application of this Section 13, as well as reimbursement of the
amount Executive paid for benefits pursuant to the preceding sentence, shall be paid in
lump-sum on the 409A Payment Date along with accrued interest at the PrimeRate quoted by JP
Morgan Chase on the date that payments or benefits, as applicable, to Executive should have
been made under this Agreement. For purposes of this Section 13, the term “Specified
Employee” shall have the meaning set forth in Section 409A.

(b) Reimbursements. For purposes of complying with Section 409A and without
extending the payment timing otherwise provided in this Agreement, taxable reimbursements
under this Agreement, subject to the following sentence and to the extent required to comply
with Code Section 409A, will be made no later than the end of the calendar year following
the calendar year in which the expense was incurred. To the extent required to comply with
Code Section 409A, any taxable reimbursements and any in-kind benefits under this Agreement
will be subject to the following: (a) payment of such reimbursements or in-kind benefits
during one calendar year will not affect the amount of such reimbursement or in-kind
benefits provided during any other calendar year (other than for medical reimbursement
arrangements as excepted under Treasury Regulations §1.409A-3(i)(1)(iv)(B) solely because
the arrangement provides for a limit on the amount of expenses that may be reimbursed under
such arrangement over some or all of the period the arrangement remains in effect); (b) such
right to reimbursement or in-kind benefits is not subject to liquidation or exchange for
another form of compensation to the Executive; and (c) the right to reimbursements under
this Agreement will be in effect for the lesser of the time specified in this Agreement or
ten years plus the lifetime of the Executive. Any taxable reimbursements or in-kind
benefits shall be treated as not subject to Section 409A to the maximum extent provided by
Section 409A.

14

 

(d) No Acceleration; Separate Payments. No 409A Payment payable under this
Agreement shall be subject to acceleration or to any change in the specified time or method
of payment, except as otherwise provided under this Agreement and consistent with Section
409A. If under this Agreement, a 409A Payment is to be paid in two or more installments,
for purposes of Section 409A, each installment shall be treated as a separate payment.

(e) Cooperation. If the Company or Executive determines that any provision of this
Agreement is or might be inconsistent with the requirements of Section 409A, the parties
shall attempt in good faith to agree on such amendments to this Agreement as may be
necessary or appropriate to avoid subjecting Executive to the imposition of any additional
tax under Section 409A without changing the basic economic terms of this Agreement.
Notwithstanding the foregoing, no provision of this Agreement shall be interpreted or
construed to transfer any liability for failure to comply with Section 409A from Executive
or any other individual to the Company. This Section 13 is not intended to impose any
restrictions on payments or benefits to Executive other than those otherwise set forth in
this Agreement or required for Executive not to incur additional tax under Section 409A and
shall be interpreted and operated accordingly. The Company to the extent reasonably
requested by Executive shall modify this Agreement to effectuate the intention set forth in
the preceding sentence.

[Signature page to follow]

15

 

     IN WITNESS WHEREOF, the parties have executed this amended and restated Agreement as of the
day and year first-above written.

	 	 	 	 	 
	THE COMPANY 	COEUR D’ ALENE MINES CORPORATION

 	 
	 	/s/ Dennis E. Wheeler
 	 
	 	Dennis E. Wheeler 	 
	 	Chairman, President & CEO 	 
	 

	 	 	 	 	 
	 	 	 
	THE EXECUTIVE 	/s/ Richard Weston
 	 
	 	Richard Weston 	 
	 	Senior Vice President Operations 	 

16Exhibit 10.17

Exhibit 10.17

AMENDMENT TO THE

1991 STOCK OPTION AND RESTRICTED STOCK PLAN

Pursuant to the provisions of Section 15 thereof, the Noble Corporation 1991 Stock Option and
Restricted Stock Plan as amended and restated effective as of October 29, 2009 (the “Plan”), is
hereby amended in the following respects only:

FIRST: Section 2 of the Plan is hereby amended to add a new “Change in Control”
definition to the Plan as subsection (e) of said Section, and the subsection letters beginning with
existing subsection (e) of said Section and including those that follow in said Section are hereby
re-lettered to be in the correct alphabetical sequence:

(e) “Change in Control” means:

(i) the acquisition by any individual, entity or group (within the meaning of
Section 13(d)(3) or 14(d)(2) of the Exchange Act) (a “Person”) of beneficial
ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of
15% or more of either (A) the then outstanding Registered Shares of the Company (the
“Outstanding Parent Shares”) or (B) the combined voting power of the then
outstanding voting securities of the Company entitled to vote generally in the
election of directors (the “Outstanding Parent Voting Securities”); provided,
however, that for purposes of this subparagraph (c)(i) the following acquisitions
shall not constitute a Change of Control: (w) any acquisition directly from the
Company (excluding an acquisition by virtue of the exercise of a conversion
privilege), (x) any acquisition by the Company, (y) any acquisition by any employee
benefit plan (or related trust) sponsored or maintained by the Company or any
company controlled by the Company, or (z) any acquisition by any corporation
pursuant to a reorganization, merger, amalgamation or consolidation, if, following
such reorganization, merger, amalgamation or consolidation, the conditions described
in clauses (A), (B) and (C) of subparagraph (iii) of this Section 2(e) are
satisfied; or

(ii) individuals who, as of the date of this Agreement, constitute the Board
(the “Incumbent Board”) cease for any reason to constitute a majority of such Board;
provided, however, that any individual becoming a director of the Company subsequent
to the date hereof whose election, or nomination for election by the Company’s
shareholders, was approved by a vote of a majority of the directors of the Company
then comprising the Incumbent Board shall be considered as though such individual
were a member of the Incumbent Board, but excluding, for this purpose, any such
individual whose initial assumption of office occurs as a result of either an actual
or threatened election contest or other actual
or threatened solicitation of proxies or consents by or on behalf of a Person
other than the Board; or

 

 

 

(iii) consummation of a reorganization, merger, amalgamation or consolidation
of the Company, with or without approval by the shareholders of the Company, in each
case, unless, following such reorganization, merger, amalgamation or consolidation,
(A) more than 50% of, respectively, the then outstanding shares of common stock (or
equivalent security) of the company resulting from such reorganization, merger,
amalgamation or consolidation and the combined voting power of the then outstanding
voting securities of such company entitled to vote generally in the election of
directors is then beneficially owned, directly or indirectly, by all or
substantially all of the individuals and entities who were the beneficial owners,
respectively, of the Outstanding Parent Shares and Outstanding Parent Voting
Securities immediately prior to such reorganization, merger, amalgamation or
consolidation in substantially the same proportions as their ownership, immediately
prior to such reorganization, merger, amalgamation or consolidation, of the
Outstanding Parent Shares and Outstanding Parent Voting Securities, as the case may
be, (B) no Person (excluding the Company, any employee benefit plan (or related
trust) of the Company or such company resulting from such reorganization, merger,
amalgamation or consolidation, and any Person beneficially owning, immediately prior
to such reorganization, merger, amalgamation or consolidation, directly or
indirectly, 15% or more of the Outstanding Parent Shares or Outstanding Parent
Voting Securities, as the case may be) beneficially owns, directly or indirectly,
15% or more of, respectively, the then outstanding shares of common stock (or
equivalent security) of the company resulting from such reorganization, merger,
amalgamation or consolidation or the combined voting power of the then outstanding
voting securities of such company entitled to vote generally in the election of
directors, and (C) a majority of the members of the board of directors of the
company resulting from such reorganization, merger, amalgamation or consolidation
were members of the Incumbent Board at the time of the execution of the initial
agreement providing for such reorganization, merger, amalgamation or consolidation;
or

(iv) consummation of a sale or other disposition of all or substantially all
the assets of the Company, with or without approval by the shareholders of the
Company, other than to a corporation, with respect to which following such sale or
other disposition, (A) more than 50% of, respectively, the then outstanding shares
of common stock (or equivalent security) of such corporation and the combined voting
power of the then outstanding voting securities of such corporation entitled to vote
generally in the election of directors is then beneficially owned, directly or
indirectly, by all or substantially all the individuals and entities who were the
beneficial owners, respectively, of the Outstanding Parent Shares and Outstanding
Parent Voting Securities immediately prior to such sale or other disposition in
substantially the same proportion as their ownership, immediately prior to such sale
or other disposition, of the Outstanding Parent Shares and Outstanding Parent Voting
Securities, as the case may be, (B) no Person (excluding the Company, any employee
benefit plan (or related trust) of
the Company or such corporation, and any Person beneficially owning,
immediately prior to such sale or other disposition, directly or indirectly, 15% or
more of the Outstanding Parent Shares or Outstanding Parent Voting Securities, as
the case may be) beneficially owns, directly or indirectly, 15% or more of,
respectively, the then outstanding shares of common stock (or equivalent security)
of such corporation or the combined voting power of the then outstanding voting
securities of such corporation entitled to vote generally in the election of
directors, and (C) a majority of the members of the board of directors of such
corporation were members of the Incumbent Board at the time of the execution of the
initial agreement or action of the Board providing for such sale or other
disposition of assets of the Company; or

 

- 2 -

 

(v) approval by the shareholders of the Company of a complete liquidation or
dissolution of the Company.

Notwithstanding the foregoing, or anything to the contrary set forth herein, a transaction
or series of related transactions will not be considered to be a Change of Control if (i)
the Company becomes a direct or indirect wholly owned subsidiary of a holding company and
(ii) (A) immediately following such transaction(s), the then outstanding shares of common
stock (or equivalent security) of such holding company and the combined voting power of the
then outstanding voting securities of such holding company entitled to vote generally in the
election of directors is then beneficially owned, directly or indirectly, by all or
substantially all the individuals and entities who were the beneficial owners, respectively,
of the Outstanding Parent Shares and Outstanding Parent Voting Securities immediately prior
to such transaction(s) in substantially the same proportion as their ownership immediately
prior to such transaction(s) of the Outstanding Parent Shares and Outstanding Parent Voting
Securities, as the case may be, or (B) the shares of Outstanding Parent Voting Securities
outstanding immediately prior to such transaction(s) constitute, or are converted into or
exchanged for, a majority of the outstanding voting securities of such holding company
immediately after giving effect to such transaction(s).

SECOND: The last paragraph of Section 3 of the Plan is hereby amended by restatement
in its entirety to read as follows:

Subject to the express provisions of the Plan, the Committee shall have the authority,
in its sole and absolute discretion, (a) to adopt, amend or rescind administrative and
interpretive rules and regulations relating to the Plan; (b) to construe the Plan; (c) to
make all other determinations necessary or advisable for administering the Plan; (d) to
determine the terms and provisions of the respective Agreements (which need not be
identical), including provisions defining or otherwise relating to (i) the term and the
period or periods and extent of exercisability of Options, (ii) the extent to which transfer
restrictions shall apply to Shares issued upon exercise of Options or any SARs that relate
to such Options or in settlement of awards of Restricted Stock Units, (iii) the effect of
termination of employment upon the exercisability of Options, and (iv) the effect of
approved leaves of absence (consistent with any applicable regulations of the Internal

 

- 3 -

 

 Revenue Service) upon the exercisability of Options; (e) to accelerate, regardless of
whether the Agreement so provides, (i) the time of exercisability of any Option and SAR
that relates to such Option, (ii) the time of the lapsing of restrictions on any Restricted
Stock award that is not a Performance Award, or (iii) the time of the lapsing of
restrictions on or for the vesting or payment of any Restricted Stock Units award or Cash
Award that is not a Performance Award, provided that (iv) such acceleration does not subject
the benefits payable under a Restricted Stock Units award or Cash Award to the tax imposed
by Section 409A of the Code, and (v) with respect to an Option and SAR that relates to such
Option, a Restricted Stock award, a Restricted Stock Units award or a Cash Award that was
granted or awarded on or after February 6, 2010, such an acceleration shall be made only by
reason of the death, Disability or Retirement of the person to whom such Option and SAR,
Restricted Stock award, Restricted Stock Units award or Cash Award was granted or awarded,
or upon a Change in Control; (f) subject to Section 18 of the Plan, to amend any Agreement
provided that such amendment does not (i) adversely affect the Optionee or awardee under
such Agreement in a material way without the consent of such Optionee or awardee, or (ii)
cause any benefit provided or payable under such Agreement that is intended to comply with
or be exempt from Section 409A of the Code, or intended to be qualified performance-based
compensation within the meaning of Treasury Regulation section 1.162-27(e), to fail to
comply with or be exempt from Section 409A of the Code or to fail to be qualified
performance-based compensation within the meaning of Treasury Regulation section
1.162-27(e), respectively; (g) to construe the respective Agreements; and (h) to exercise
the powers conferred on the Committee under the Plan. The Committee may correct any defect
or supply any omission or reconcile any inconsistency in the Plan in the manner and to the
extent it shall deem expedient to carry it into effect, and it shall be the sole and final
judge of such expediency. The determinations of the Committee on the matters referred to in
this Section 3 shall be final and conclusive.

THIRD: Section 19 of the Plan is hereby amended to add a new subsection (e) at the
end thereof to read as follows:

(e) Any provision of this Plan to the contrary notwithstanding, the Agreement
evidencing each Restricted Stock award, Restricted Stock Units award or Cash Award awarded
pursuant to this Plan on or after February 6, 2010, shall provide for a restriction period
with respect to a Restricted Stock award, or a vesting period with respect to a Restricted
Stock Units award or Cash Award, that shall not be less than three years from the date of
the awarding of such award so that the restrictions may cease or vesting may occur with
respect to no more than one-third of the Shares or amount subject to such award on each of
the first three anniversaries of the date of the awarding of such award; provided, however,
that notwithstanding the foregoing provisions of this subsection (e), the Committee in its
sole and absolute discretion may provide in an Agreement evidencing an award that its
restrictions shall cease or such award shall vest upon the death, Disability or Retirement
of the person to whom such award was awarded, or upon a Change in Control.

 

- 4 -

 

FOURTH: The last paragraph of Section 20(b) of the Plan is hereby amended by
restatement in its entirety to read as follows:

The Committee shall have the authority (and the Agreement evidencing an award of
Restricted Stock may so provide) to cancel all or any portion of any outstanding
restrictions prior to the expiration of such restrictions with respect to any or all of the
Shares of Restricted Stock awarded to a person hereunder on such terms and conditions as the
Committee may deem appropriate, provided that such a cancellation (i) shall be made only by
reason of the death, Disability or Retirement of the person to whom such Restricted Stock
award has been awarded, or upon a Change in Control, and (ii) does not cause any Shares of
Restricted Stock that were awarded as a Performance Award to fail to be qualified
performance-based compensation within the meaning of Treasury Regulation section
1.162-27(e).

IN WITNESS WHEREOF, this Amendment has been executed to be effective on this 6th
day of February, 2010.

	 	 	 	 	 
	 	NOBLE CORPORATION

 	 
	 	By:  	/s/ Julie J. Robertson
 	 
	 	 	Julie J. Robertson 	 
	 	 	Executive Vice President and

Corporate Secretary 	 

 

- 5 -

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