AGREEMENT AND PLAN OF MERGER BY AND AMONG MINES MANAGEMENT, INC. HECLA MINING COMPANY, and HL IDAHO CORP. Dated as of May 23, 2016Agreement and Plan of Merger • May 27th, 2016 • Mines Management Inc • Metal mining • Delaware
This Agreement and Plan of Merger (this "Agreement"), is entered into as of May 23, 2016, by and among Mines Management, Inc., an Idaho corporation (the "Company"), Hecla Mining Company, a Delaware corporation ("Parent"), and HL Idaho Corp., an Idaho corporation and a direct wholly-owned Subsidiary (as defined below) of Parent ("Merger Sub"). Each of Parent, Merger Sub and the Company are referred to herein as a "Party" and together as "Parties."
TERM LOAN AND SECURITY AGREEMENTTerm Loan and Security Agreement • May 27th, 2016 • Mines Management Inc • Metal mining • Delaware
This Term Loan and Security Agreement ("Agreement") is made as of May 23, 2016 by and among MINES MANAGEMENT, INC., an Idaho corporation (the "Borrower"), NEWHI, INC., a Washington corporation ("Newhi"), MONTANORE MINERALS CORP., a Delaware corporation ("MMC"), MONTMIN RESOURCES CORP., a Delaware corporation ("MRC"), MONTANORE MINERALS WISCONSIN CORP., a Delaware corporation ("MMWC" and together with MMC, MRC and Newhi, the "Guarantors" and the Guarantors together with the Borrower, the "Loan Parties") and HECLA MINING COMPANY, a Delaware corporation (the "Lender"). In consideration of the mutual covenants contained in this Agreement and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows:
FIRST AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • May 27th, 2016 • Mines Management Inc • Metal mining • Washington
This First Amendment to Employment Agreement (this "Amendment") is effective as of May 23, 2016, by and between Mines Management, Inc., an Idaho corporation (the "Company") and Nicole Altenburg ("Executive"). Reference is made to that certain Employment Agreement by and between the Company and Executive made as of May 7, 2007 (the "Employment Agreement"). All capitalized terms not defined herein shall have the meanings assigned to such terms in the Employment Agreement.
