SEC Contract Filing

Filing Date: 2022-06-23

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>tm2219041d1_ex10-1.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 10.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>WESTWATER RESOURCES, INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>and</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>STEVEN M. CATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EMPLOYMENT AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This Employment Agreement (&ldquo;Agreement&rdquo;)
is made as of 20<SUP>th</SUP> day of June 2022 (the &ldquo;Signature Date&rdquo;) by and between Westwater Resources, Inc., a Delaware
corporation (the &ldquo;Company&rdquo;), and Steven M. Cates (the &ldquo;Executive&rdquo;), with an effective time and date of 5:01 pm
mountain time on Friday, August 26, 2022 (the &ldquo;Effective Date&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Employment</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT> Pursuant to an offer letter dated March 24, 2021 (&ldquo;Offer Letter&rdquo;), Executive has been serving as the Company&rsquo;s
Chief Accounting Officer and Controller since May 10, 2021. On the Effective Date, Executive&rsquo;s Offer Letter will be replaced in
total with this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>During the Employment Period (as defined in Section 4 below), the Company will employ Executive, and Executive will serve as the
Company&rsquo;s Chief Financial Officer (&ldquo;CFO&rdquo;) and Vice President &ndash; Finance. Executive will report to the President
and Chief Executive Officer (&ldquo;CEO&rdquo;) on a day-to-day basis, and as needed or warranted to the Executive Chairman and/or the
Board of Directors (&ldquo;Board&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Duties and Responsibilities
of Executive on the Effective Date</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During
the Employment Period, Executive will devote substantially all of his professional time and efforts to the business of the Company, will
act in the best interests of the Company and will perform with due care his duties and responsibilities. Executive&rsquo;s duties will
include those commensurate with the position of CFO and Vice President - Finance, and such other activities as may be determined mutually
by the Executive and the President and CEO from time to time. Executive shall also perform such additional duties and responsibilities
as may be assigned to him by the Board or the Executive Chairman from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Executive
agrees to cooperate fully with the Company, its Board, its Executive Chairman, and its President and CEO, and not engage directly or indirectly
in any activity that materially interferes with the performance of Executive&rsquo;s duties and responsibilities. The Company agrees that
Executive may continue to serve on the Finance Committee of the Board of Directors of Journey Church located in Castle Rock, Colorado.
Other than the foregoing, during the Employment Period, Executive will not hold any other outside employment, join, be a member of or
serve on any corporate, civic or charitable boards or committees, or perform substantial personal services for parties unrelated to the
Company without the advance written approval of the Executive Chairman for civic or charitable boards or committees or the advance written
approval of the Nominating &amp; Governance Committee for corporate or personal services.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

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