October 17, 2016 Wade Haley 20 Stewart Drive Hay River, NT XOE 1C0 Dear Wade, Re: Termination of Employment As you are aware, the business of NTCL is coming to an end. This letter will inform you of the decision to terminate your employment with Northern Transportation Company Limited. effective October 31, 2016 (the "Termination Date"); this is a ?nal and permanent termination of your employment without cause. You will not be recalled. NTCL will provide you with the following without cause severance pay: 0 Severance pay in the amount of $2,587.52 CDN. 0 The pro rata share of your annual base salary up to the Termination Date; and any accrued and unused vacation, minus statutory deductions. 0 Receipt of the severance pay is conditional upon your executing the attached Release. For payments to be made on October 31, 2016 the signed release must be returned to my attention (dmckav@ntc1.com or fax 780-441-3934) by October 21, 2016. All bene?ts and perquisites you receive as a result of your employment with NTCL will cease on the Termination Date or as indicated below: Health and Dental Plans A11 coverage under your health and dental plan options currently provided will cease on the Termination Date. However, you may submit claims for eligible expenses incurred on or before your termination date to SunLife until 90 days after the Termination Date. The option to purchase a private plan from SunLife is available; conversion must be completed within 31 days (see attached Conversion Form) of your last day of employment. Life Insurance and Critical Illness Insurance Life Insurance (employee, spousal or child), and Critical Illness Insurance (employee, spouse and child) will cease on your termination date. The option to purchase a private plan from SunLife is available; conversion must be completed with 31 days (see attached Conversion Form) of your last day of employment. Disability Bene?ts ??Your disability coverage will cease on the Termination Date. Northern Transportation Company Limited Suite 1209, 10104 103 Avenue, Edmonton, AB 0H8 Phone: (780) 441-3932 Fax: (780) 441-3934 Email: ntcl@ntcl.com a Web: We proudly deliver northern solutions and opportunities in challenging environments -2- Employee and Family Assistance Pmram ?Your eligibility under the Employee and family Assistance Program (EFAP) will cease on the Termination Date. If you or any member of your family is currently receiving services through the EFAP you can continue to access them for a period of 90 days following the Termination Date. Pension Contributions and years of service cease on your Termination Date. You will receive noti?cation from a third party in regards to next steps. Expense Claims Expense claims for the 2016 season must be submitted to Jennifer Carter (jcarter@ntcl.com or fax 780?441-3934) by October 24 for payment on October 31, 2016. Company Property return all company property to me by end of day October 31, 2016. Payment for wages, severance (if signed release is returned), vacation pay, etc. will continue to be made via direct deposit from Ceridian. We wish to acknowledge your past contributions and commitment to NTCL your efforts have been appreciated. We are grateful for your service; we wish you all the best in your future endeavours. Sincerely, (inn (:7)th Debbie McKay Director, Human Resources RELEASE AND INDEMNITY I, Wade Haley, on behalf of myself and my heirs, executors, administrators and assigns, in consideration of the Severance Payment of Two thousand ?ve hundred eighty seven dollars ?fty two cents CDN) outlined in the letter dated October 17, 2016, plus other good and valuable consideration, the receipt and suf?ciency of all of which is hereby acknowledged, do hereby jointly and severally release and forever discharge NTCL, and all of its members, stakeholders, insurers, divisions and shareholders, its parent, subsidiary and af?liated and related corporations and organizations, as well as all past and present directors, of?cers, insurers, agents, representatives and employees of all of the foregoing (jointly and severally, "the Company") from any and all rights, claims, debts, demands, actions, complaints and liabilities of any kind or nature whatsoever in law, in equity or otherwise ("Claims"), existing up to the present time or which are not now known or anticipated but which may arise in the future, out of or in any way related to my employment, the employee bene?ts I received during my employment, or the cessation of my employment or employee bene?ts, with the Company. IT IS UNDERSTOOD AND AGREED that I shall not make, commence or continue any Claims or proceedings against the Company in respect of any matters released by this Release, or against anyone who may claim contribution and indemnity against the Company, in any court of law or under the provisions of any legislation. This Release shall act as a complete bar to any legal proceedings of any sort that I may have commenced or which I may hereafter commence against the Company in any way connected to my employment, the employee bene?ts I received during my employment, or the termination of my employment or employee bene?ts by the Company. I hereby agree and consent to a dismissal, without costs, of any such Claim or proceeding that I may have previously commenced. I ACKNOWLEDGE THAT all claims under the Canada Labour Code have been fully satis?ed, and that the consideration set out above includes any and all amounts recoverable by me under the Canada Labour Code, my contract of employment and common law, including but not limited to all amounts in respect of wages, salary, bene?ts, vacation pay, overtime pay, holiday pay, payment in lieu of notice of termination and severance pay; or any other amounts or remedies to which I am entitled under the Canada Labour Code, my contract of employment and the common law. I FURTHER ACKNOWLEDGE that the Company and I have discussed or otherwise canvassed any and all human rights complaints, concerns, or issues, arising out of or in respect to my employment at the Company. This Release constitutes a full and ?nal settlement of any existing, planned, or possible complaint or complaints against the Company under the Canadian Human Rights Act, arising out of or in respect of my employment or the termination of that employment. I FURTHER ACKNOWLEDGE that the consideration referred to herein constitutes full compensation and consideration for loss of all bene?ts maintained by the Company for its employees, including disability and life insurance bene?ts, and that I have no claim of any nature or kind against the Company for bene?ts of any kind. In the event that I become disabled, I -2- covenant not to sue the Company for insurance, disability bene?ts or any other bene?ts, or for damages for loss of bene?ts of any kind. I hereby release the Company from any obligations or liabilities arising from my employment bene?ts or the termination thereof. IT IS FURTHER UNDERSTOOD that I undertake and agree to pay the Receiver General of Canada or any other applicable regulatory authority, any charges, payments, repayments or penalties of any kind, including without limitation those relating to income tax or Employment Insurance, that are or may subsequently be levied against me or the Company in respect of any of the consideration provided to me by the Company and, in the event that any proceedings are commenced or levied against the Company in respect of any of the consideration provided to me by the Company, I agree to indemnify and save harmless the Company as to any amounts and expenses, that the Company pays in any such proceedings to settle, defend itself, or that the Company is otherwise required to pay. IT IS FURTHER UNDERSTOOD AND AGREED that the Company does not, by payment and performance as noted above or otherwise, admit that I have any valid Claims against the Company. AND FOR THE SAID CONSIDERATION, I represent and warrant that I have not assigned to any person or corporation any of the Claims that I release by the paragraphs above. AND IT IS FURTHER UNDERSTOOD AND AGREED that I will not discuss or disclose to anyone the terms of this Release or of my settlement with the Company, other than to my immediate family and/or my legal or ?nancial advisors and such other disclosure as is required by law. I further agree to instruct any members of my immediate family and/or my legal or ?nancial advisors to whom I disclose the terms of this Release or of my settlement with the Company to keep that information con?dential. I further agree that I am responsible for members of my immediate family and/or my legal or ?nancial advisors keeping this information con?dential. I further agree that a breach of any of these obligations constitutes a fundamental breach of the Settlement and entitles the Defendant to enforce any and all remedies as against me. I also agree that I will not disparage the Company in any communication hereafter, whether orally or in writing. AND IT IS FURTHER UNDERSTOOD AND AGREED that I shall not divulge any information, knowledge or data that I have acquired or received during my employment with the Company. AND ALL OF THE FOREGOING, shall enure to the bene?t of the Company and its successors, heirs, executors, administrators and assigns. I ACKNOWLEDGE THAT: I have had an adequate opportunity to read and consider this Release and obtained such legal and other advice as I consider advisable; I understand the Release and the consequences of signing it; -3- this Release is not a pre-condition for me to receive money to which I would otherwise be entitled by applicable legislation and if any provision of this Release, or part thereof, is determined to be unenforceable, that provision or part shall be deemed severed, without affecting the remainder; facsimile transmitted copies, scanned and emailed copies or photocopies of this Release shall be as effective and legally binding as the original; and I am signing the Release voluntarily, without coercion and without reliance on any representation, expressed or implied, by the Company. IN WITNESS WHEREOF, I have executed this Release this day of 2016 at SIGNED, SEALED AND DELIVERED In the presence of: Witness Signature Print name of Witness Print Your Name