Phone: 213.330.2390 Fax: 213.330.2133Engagement Letter • March 2nd, 2009 • Hecla Mining Co/De/ • Mining & quarrying of nonmetallic minerals (no fuels)
This letter confirms and sets forth the terms and conditions of the engagement between Alvarez & Marsal North America, LLC (“A&M”) and Hecla Mining Company and its subsidiaries (the “Company”), including the scope of the services to be performed and the basis of compensation for those services effective as of December 19, 2008. Upon execution of this letter by each of the parties below and receipt of the retainer described below, this letter will constitute an agreement between the Company and A&M.
