CHANGE IN CONTROL SEVERANCE BENEFITS AGREEMENTChange in Control Severance Benefits Agreement • March 16th, 2007 • Solitario Resources Corp • Gold and silver ores • Colorado
WHEREAS: The Corporation considers it essential to the best interest of its stockholders to foster the continuous employment of key management personnel. In this connection, the Board of Directors (the "Board") of the Corporation recognizes that, as is the case with many publicly held corporations and their subsidiaries, the possibility of a Change in Control may exist and that such possibility, and the uncertainty and questions which it may raise among management, may result in the departure or distraction of management personnel to the detriment of the Corporation and its stockholders.
