0001052918-12-000415 Sample Contracts

EMPLOYMENT AGREEMENT BETWEEN Rare Element Resources, Inc. and George G. Byers
Employment Agreement • September 13th, 2012 • Rare Element Resources LTD • Gold and silver ores • Colorado

THIS EMPLOYMENT AGREEMENT (“Agreement”), dated effective as of February 11, 2011 (“Effective Date”), is by and between Rare Element Resources, Inc., a Wyoming corporation (“the Company”) and George Byers (“Byers”). The Company agrees to employ Byers and Byers agrees to accept such employment upon the following terms and conditions:

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EMPLOYMENT AGREEMENT BETWEEN Rare Element Resources, Inc. and James Clark
Employment Agreement • September 13th, 2012 • Rare Element Resources LTD • Gold and silver ores • Colorado

THIS EMPLOYMENT AGREEMENT (“Agreement”), dated effective as of October 1, 2011 (“Effective Date”), is by and between Rare Element Resources, Inc., a Wyoming corporation (“the Company”) and James Clark (“Clark”). The Company agrees to employ Clark and Clark agrees to accept such employment upon the following terms and conditions:

EMPLOYMENT AGREEMENT BETWEEN Rare Element Resources, Inc. and David P. Suleski
Employment Agreement • September 13th, 2012 • Rare Element Resources LTD • Gold and silver ores • Colorado

THIS EMPLOYMENT AGREEMENT (“Agreement”), dated effective as of October 1, 2011 (“Effective Date”), is by and between Rare Element Resources, Inc., a Wyoming corporation (“the Company”) and David P. Suleski (“Suleski”). The Company agrees to employ Suleski and Suleski agrees to accept such employment upon the following terms and conditions:

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