0001052918-14-000028 Sample Contracts

SEVERANCE COMPENSATION AGREEMENT

Severance Compensation Agreement • January 29th, 2014 • Rare Element Resources LTD • Gold and silver ores • Colorado

• Contract Type
  Severance Compensation Agreement
• Filed
  January 29th, 2014
• Company
  Rare Element Resources LTD
• Industry
  Gold and silver ores
• Jurisdiction
  Colorado

This Severance Compensation Agreement (this “Agreement”) is made and entered into as of January 27, 2014 (the “Effective Date”) by and between Kelli Kast-Brown (the “Employee”) and Rare Element Resources, Inc., a Wyoming corporation (the “Company”).

CHANGE IN CONTROL AGREEMENT

Change in Control Agreement • January 29th, 2014 • Rare Element Resources LTD • Gold and silver ores • Colorado

• Contract Type
  Change in Control Agreement
• Filed
  January 29th, 2014
• Company
  Rare Element Resources LTD
• Industry
  Gold and silver ores
• Jurisdiction
  Colorado

This Change in Control Agreement (this “Agreement”) is made and entered into as of January 27, 2014, and effective as of December 12, 2013 (the “Effective Date”) by and between Paul H. Zink (the “Employee”) and Rare Element Resources, Inc., a Wyoming corporation (the “Company”).