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Exhibit 10.1
March 8, 2017
John Mansanti
Senior Vice President of Strategic Initiatives and Technical Services
Intrepid Potash, Inc.
707 17th Street, Suite 4200
Denver, CO 80202
Re: | Termination of Change-in-Control Severance Agreement |
John:
In connection with your transition to a 60% work schedule, you and Intrepid Potash, Inc. (“Intrepid”) have agreed to terminate the Change-in-Control Severance Agreement, dated February 24, 2010, between you and Intrepid (the “Agreement”).
In accordance with Section 2 of the Agreement, you and Intrepid hereby agree to terminate the Agreement effective as of March 8, 2017.
Sincerely,
Intrepid Potash, Inc.
By: /s/ James N. Whyte
Name: James N. Whyte
Title: Executive Vice President
Agreed to:
John G. Mansanti
By: /s/ John G. Mansanti
Date: March 22, 2017