0000912282-12-000656 Sample Contracts

SEPARATION AGREEMENT AND RELEASE
Separation Agreement • July 24th, 2012 • Texas Rare Earth Resources Corp. • Gold and silver ores • Colorado

This Separation Agreement and Release (“Separation Agreement”) is made by and between Texas Rare Earth Resources (“TRER” or the “Company”), a Nevada Corporation, and K. Marc LeVier (“LeVier”) this __ day of July, 2012 (“Effective Date”). TRER and LeVier are sometimes referred to collectively as the “Parties” or individually as a “Party.”

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