EX-10.1 2 ipi-03312017exhibit101.htm EXHIBIT 10.1 Exhibit


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