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Employment Assumption Letter

This is an actual contract by Intrepid Potash.

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Sectors: Metals and Mining
Effective Date: April 01, 2008
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Exhibit 10.15

The Intrepid Companies

700 17 th Street, Suite 1700

Denver, CO 80202 303.296.3006

303.298.7502 fax

April 1, 2008

Mr. David W. Honeyfield

700 17 th Street, Suite 1700

Denver, CO 80202 Dear Dave:

Pursuant to the initial public offering (the " IPO" ) of Intrepid Potash, Inc., all employees of Intrepid Mining, LLC will become employees of Intrepid Potash, Inc. shortly prior to the closing of the IPO. The purpose of this letter is to let you know that the terms and conditions of your employment with Intrepid Mining, LLC,
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