0001515156-16-000074 Sample Contracts

EQUIPMENT LEASE (Thomas Hill)
Equipment Lease • March 17th, 2016 • Advanced Emissions Solutions, Inc. • Miscellaneous chemical products • New York

This AMENDED AND RESTATED EQUIPMENT LEASE (this “Lease”), dated effective as of March 8, 2013 (the “Effective Date”), is entered into by and between AEC-TH, LLC, a Colorado limited liability company (“Lessor”), and GS RC INVESTMENTS LLC, a Delaware limited liability company (“Lessee”). Lessor and Lessee may be referred to herein individually as a “Party,” and collectively as the “Parties.”

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EXCHANGE AGREEMENT (New Madrid) dated as of November 21, 2011 by and among CLEAN COAL SOLUTIONS, LLC, AEC-NM, LLC and GS RC INVESTMENTS LLC
Exchange Agreement • March 17th, 2016 • Advanced Emissions Solutions, Inc. • Miscellaneous chemical products • New York

This EXCHANGE AGREEMENT (this “Agreement”), dated as of November 21, 2011 (the “Effective Date”), is entered into by and among Clean Coal Solutions, LLC, a Colorado limited liability company (“CCS”), AEC-NM, LLC, a Colorado limited liability company (“Lessor”), and GS RC Investments LLC, a Delaware limited liability company (“Lessee”). CCS and Lessor may be referred to herein individually as a “CCS Party” and collectively as the “CCS Parties.” CCS, Lessor and Lessee may each be referred to herein individually as a “Party” and collectively as the “Parties.”

EQUIPMENT LEASE (Thomas Hill)
Equipment Lease • March 17th, 2016 • Advanced Emissions Solutions, Inc. • Miscellaneous chemical products • New York

This EQUIPMENT LEASE (this “Lease”), dated as of December 15, 2011 (the “Effective Date”), is entered into by and between AEC-TH, LLC, a Colorado limited liability company (“Lessor”) and GS RC INVESTMENTS LLC, a Delaware limited liability company (“Lessee”). Lessor and Lessee may be referred to herein individually as a “Party,” and collectively as the “Parties.”

DEVELOPMENT AND LICENSE AGREEMENT
Development and License Agreement • March 17th, 2016 • Advanced Emissions Solutions, Inc. • Miscellaneous chemical products • Delaware

This DEVELOPMENT AND LICENSE AGREEMENT (“Agreement”) is made the 25 day of June, 2010 (“Effective Date”) by and between ADA-ES, Inc., a Colorado corporation (“ADA”) and Arch Coal, Inc., a Delaware corporation (“Arch Coal,” and together with ADA, the “parties”).

WAIVER AND RELEASE AGREEMENT
Waiver and Release Agreement • March 17th, 2016 • Advanced Emissions Solutions, Inc. • Miscellaneous chemical products • Colorado

The following is a Waiver and Release Agreement (“Agreement”) between Jonathan R. Lagarenne, the undersigned Employee (referred to as “Employee”, “Executive”, “you”, “your”, “I”, or “me”), and Advanced Emissions Solutions, Inc., a Delaware corporation (the “COMPANY”), regarding your employment with the COMPANY and separation from employment.

AMENDMENT TO TECHNOLOGY SUBLICENSE AGREEMENT
Technology Sublicense Agreement • March 17th, 2016 • Advanced Emissions Solutions, Inc. • Miscellaneous chemical products • New York

This AMENDMENT TO TECHNOLOGY SUBLICENSE AGREEMENT (this “Amendment”) is dated as of November 21, 2011 (the “Effective Date”) and made by and among GS RC Investments LLC, a Delaware limited liability company (“Sublicensee”), Clean Coal Solutions, LLC (f/k/a ADA-NexCoal, LLC), a Colorado limited liability company (“Sublicensor”), and ADA-ES INC., a Colorado corporation (“Licensor”). Sublicensee, Sublicensor, and Licensor are sometimes hereinafter individually referred to as a “Party” and collectively as the “Parties.”

EMPLOYMENT AGREEMENT
Employment Agreement • March 17th, 2016 • Advanced Emissions Solutions, Inc. • Miscellaneous chemical products • Colorado

THIS AGREEMENT made and entered into this ___ day of ___________, 20___, by and between Advanced Emissions Solutions, Inc., a Delaware corporation, whose principal offices are located at 9135 S. Ridgeline Blvd., Suite 200, Highlands Ranch, Colorado 80129 (the "Company"), and ____________________ (the "Employee") whose address is ________________

RESTRICTED STOCK AWARD AGREEMENT NOTICE ADVANCED EMISSIONS SOLUTIONS, INC. AMENDED AND RESTATED 2007 EQUITY INCENTIVE PLAN, AS AMENDED NOTICE OF RESTRICTED STOCK AWARD
Restricted Stock Award Agreement • March 17th, 2016 • Advanced Emissions Solutions, Inc. • Miscellaneous chemical products • Delaware

You have been granted the right to receive shares of Common Stock of the Company, subject to the terms and conditions of this Notice of Restricted Stock Award (the “Notice”), under the Advanced Emissions Solutions, Inc. Amended and Restated 2007 Equity Incentive Plan, as amended from time to time (the “Plan”) and the Restricted Stock Award Agreement (the “Agreement”) attached hereto, and, if applicable, any written employment agreement you may have with the Company or a Company affiliate which addresses the award and vesting of Company Common Stock (the “Employment Agreement”) as follows. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Notice. In the event of any conflict between the vesting provisions applicable to the Shares as set forth in this Notice and the Employment Agreement, the Employment Agreement shall control.

STOCK AWARD AGREEMENT ADVANCED EMISSIONS SOLUTIONS, INC. AMENDED AND RESTATED
Stock Award Agreement • March 17th, 2016 • Advanced Emissions Solutions, Inc. • Miscellaneous chemical products

You have been granted fully-vested shares of Common Stock of the Company, subject to the terms and conditions of this Notice of Stock Award (the “Notice”), under the Advanced Emissions Solutions, Inc. Amended and Restated 2010 Non-Management Compensation and Incentive Plan, as amended from time to time (the “Plan”) and the Stock Award Agreement (the “Agreement”) attached hereto, as follows. This grant is being made to you in partial payment of services to be rendered to the Company over the next six months, subject to your continued provision of such services during that time. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Notice.

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