OPTION SURRENDER AGREEMENTOption Surrender Agreement • February 19th, 2014 • Uranerz Energy Corp. • Metal mining • Nevada
Contract Type FiledFebruary 19th, 2014 Company Industry JurisdictionThe undersigned holder of non-qualified stock options (the “Company Options”) to acquire shares of common stock of the Company, par value $0.001, granted pursuant to the Amended 2005 Nonqualified Stock Option Plan (the “Plan”), agrees to surrender each Company Option set forth on Exhibit A hereto (the “Surrendered Options”). The undersigned has voluntarily determined to surrender the Surrendered Options, each of which has an exercise price substantially greater than the current trading price of the Company’s common stock, in order to assist the Company in attracting talented executives and employees in the future.