DOE RUN RESOURCES CORP
EX-10.1.8
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<TYPE>EX-10.1.8
<SEQUENCE>7
<FILENAME>a2154039zex-10_18.htm
<DESCRIPTION>EX-10.1.8
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<P ALIGN="RIGHT"><FONT SIZE=2><B>EXHIBIT 10.1.8  </B></FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="la1501_amendment_one_to_amended_and_r__ame03305"> </A>
<A NAME="toc_la1501_1"> </A>
<BR></FONT><FONT SIZE=2><I>AMENDMENT ONE    <BR>    <BR>    TO AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT    <BR>    <BR>    Dated November&nbsp;1, 2002    <BR>    </I></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Doe Run Resources Corporation (the "Company") and Marvin Kaiser (the "Employee" or "you") agree, effective November&nbsp;1, 2002, to amend the Amended and
Restated Executive Employment Agreement, dated October&nbsp;2002, between the Company and Employee, by: </FONT></P>

<DL compact>
<DT style='margin-bottom:-11pt;'><FONT SIZE=2>1.</FONT></DT><DD><FONT SIZE=2>replacing
paragraph&nbsp;(b)&nbsp;in Section&nbsp;2 with the following:
<BR><BR></FONT>
<DL compact>
<DT style='margin-bottom:-11pt;'><FONT SIZE=2>(b)</FONT></DT><DD><FONT SIZE=2>an
annual stay bonus of $137,500 (a "Stay Bonus") payable on each of November&nbsp;1, 2002, November&nbsp;1, 2003, November&nbsp;1, 2004, and November&nbsp;1, 2005 (each a
"Bonus Date") </FONT><FONT SIZE=2><I>provided</I></FONT><FONT SIZE=2>, </FONT><FONT SIZE=2><I>however</I></FONT><FONT SIZE=2>, that you must continue your employment with the Company through a Bonus
Date to be entitled to a Stay Bonus payment on such Bonus Date, </FONT><FONT SIZE=2><I>provided</I></FONT><FONT SIZE=2> that if you are dismissed from your employment without cause at any point prior
to payment in full of such Stay Bonus, you will be entitled to a pro rata portion of the unpaid Stay Bonus with respect to the fiscal year of your dismissal. Notwithstanding any provision herein, your
Stay Bonuses shall be in lieu of any bonus to which you would otherwise be entitled with respect to the fiscal&nbsp;years for which the Stay Bonus is paid, </FONT> <FONT SIZE=2><I>provided</I></FONT><FONT SIZE=2> that the Company's Board of Directors
may, from time to time and in its sole discretion, award additional bonuses. Notwithstanding any
provision in this Agreement, the Company shall not be required to pay you (i)&nbsp;any bonus, where the payment of such bonus would violate any other agreement between the Company and any lender of
the Company, or (ii)&nbsp;in the event that any agreement between the Company and any lender of the Company limits the aggregate amount that the Company may pay as bonuses, net worth appreciation
payments, profit sharing payments or other payments of similar nature ("Restricted Payments") during any period, any bonus in excess of your pro rata portion of the aggregate amount of applicable
Restricted Payments which the Company is permitted to pay. In the event that the Company is unable to pay you a bonus due to the preceding sentence, the Company's obligation to pay you such bonus
shall be deferred until such time that the Company is permitted to pay such bonus pursuant to the preceding sentence.
<BR><BR></FONT></DD></DL>
</DD><DT style='margin-bottom:-11pt;'><FONT SIZE=2>2.</FONT></DT><DD><FONT SIZE=2>adding
the following sentence to the end of Section&nbsp;11: </FONT></DD></DL>
<UL>
<UL>

<P><FONT SIZE=2>Notwithstanding
any provision herein to the contrary, the indemnification in this Section&nbsp;11 shall not apply with respect to any actions or proceedings which are brought by or in the right of
the Company. </FONT></P>

<P><FONT SIZE=2>

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<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN
WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed as of the date first written above. </FONT></P>

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<TD WIDTH="47%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="53%"><FONT SIZE=2>THE DOE RUN RESOURCES CORPORATION<BR>
d/b/a The Doe Run Company</FONT></TD>
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&nbsp;</FONT></TD>
<TD WIDTH="53%"><FONT SIZE=2><BR>
/s/&nbsp;&nbsp;</FONT><FONT SIZE=2>IRA LEON RENNERT</FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE><FONT SIZE=2> Ira Leon Rennert<BR>
Chairman of the Board</FONT></TD>
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&nbsp;</FONT></TD>
<TD WIDTH="53%"><FONT SIZE=2><BR>
/s/&nbsp;&nbsp;</FONT><FONT SIZE=2>MARVIN KAISER</FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE><FONT SIZE=2> Marvin Kaiser<BR>
Employee</FONT></TD>
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<FONT SIZE=2><A HREF="#toc_la1501_1">AMENDMENT ONE TO AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT Dated November 1, 2002</A></FONT><BR>
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