0001421461-13-000007 Sample Contracts

EQUITY INCENTIVE PLAN PERFORMANCE UNIT AGREEMENT (PRODUCTION)
Performance Unit Agreement • February 14th, 2013 • Intrepid Potash, Inc. • Mining & quarrying of nonmetallic minerals (no fuels) • Delaware

Intrepid Potash, Inc., a Delaware corporation (“Intrepid”), has granted you an award of performance units (the “Performance Units”) under the Intrepid Potash, Inc. Equity Incentive Plan (the “Plan”), subject to the terms and conditions of the Plan and this Performance Unit Agreement (this “Agreement”). A Performance Unit is a bookkeeping entry that initially represents the right to receive one share of Intrepid's Common Stock on a date determined in accordance with this Agreement, subject to the risk of cancellation and forfeiture.

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INTREPID POTASH, INC. EQUITY INCENTIVE PLAN
Restricted Stock Agreement • February 14th, 2013 • Intrepid Potash, Inc. • Mining & quarrying of nonmetallic minerals (no fuels) • Delaware

Intrepid Potash, Inc., a Delaware corporation (“Intrepid”), has granted you an award of shares of Restricted Stock under the Intrepid Potash, Inc. Equity Incentive Plan (the “Plan”), subject to the terms and conditions of the Plan and this Restricted Stock Agreement (this “Agreement”).

EQUITY INCENTIVE PLAN
Performance Unit Agreement • February 14th, 2013 • Intrepid Potash, Inc. • Mining & quarrying of nonmetallic minerals (no fuels) • Delaware

Intrepid Potash, Inc., a Delaware corporation (“Intrepid”), has granted you an award of performance units (the “Performance Units”) under the Intrepid Potash, Inc. Equity Incentive Plan (the “Plan”), subject to the terms and conditions of the Plan and this Performance Unit Agreement (this “Agreement”). A Performance Unit is a bookkeeping entry that initially represents the right to receive one share of Intrepid's Common Stock on a date determined in accordance with this Agreement, subject to the risk of cancellation and forfeiture.

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