EXECUTIVE EMPLOYMENT AGREEMENT
This EXECUTIVE EMPLOYMENT AGREEMENT (the “Agreement”) dated February 19, 2010 (the
“Effective Date”) by and between Wolfe Creek Mining, Inc., a Delaware corporation (the “Company”), and
Gary M. De Laurentiis, an individual (the “Executive”).
The Company desires to employ the Executive, and the Executive wishes to accept such employment
with the Company, upon the terms and conditions set forth in this Agreement.
NOW THEREFORE, in consideration of the foregoing facts and mutual agreements set forth below, the
parties, intending to be legally bound, agree as follows:
1. Employment . The Company hereby agrees to employ Executive, and Executive hereby
accepts such employment and agrees to perform Executive’s duties and responsibilities in accordance with the
terms and conditions hereinafter set forth.
1.1 Duties and Responsibilities . Executive shall serve as the Company’s Chief Executive
Officer. During the Employment Term, Executive shall perform all duties and accept all responsibilities incident to
such positions and other appropriate duties as may be assigned to Executive by the Company’s Board from time
to time. The Company shall retain full direction and control of the manner, means and methods by which
Executive performs the services for which he is employed hereunder and of the place or places at which such
services shall be rendered.
1.2 Employment Term . The term of Executive’s employment under this Agreement shall
commence the “Effective Date and shall continue for 36 months, unless earlier terminated in accordance with
Section 4 hereof. After the initial term of employment, the term of Executive’s employment shall be automatically
renewed for successive one (1) year periods until the Executive or the Company delivers to the other party a
written notice of their intent not to renew the “Employment Term,” such written notice to be delivered at least
sixty (60) days prior to the