March 8, 2017 John Mansanti Senior Vice President of Strategic Initiatives and Technical Services Intrepid Potash, Inc.

Exhibit 10.1

March 8, 2017

Xxxx Xxxxxxxx

Senior Vice President of Strategic Initiatives and Technical Services

Intrepid Potash, Inc.

000 00^xx Xxxxxx, Xxxxx 0000

Denver, CO 80202        

Re: Termination of Change-in-Control Severance Agreement

Xxxx:

In connection with your transition to a 60% work schedule, you and Intrepid Potash, Inc. (“Intrepid”) have agreed to terminate the Change-in-Control Severance Agreement, dated February 24, 2010, between you and Intrepid (the “Agreement”).

In accordance with Section 2 of the Agreement, you and Intrepid hereby agree to terminate the Agreement effective as of March 8, 2017.

Sincerely,

Intrepid Potash, Inc.

By:    /s/ Xxxxx X. Xxxxx            

Name:    Xxxxx X. Xxxxx

Title:    Executive Vice President

Agreed to:

Xxxx X. Xxxxxxxx

By:    /s/ Xxxx X. Xxxxxxxx            

Date:    March 22, 2017