Item 1.01 - Entry into a Material Definitive Agreement






  On March 27, 2020, Perma-Fix Environmental Services, Inc.'s (the "Company)
  Compensation and Stock Option Committee and the Board of Director approved an
  amendment which revised certain terms (as described below) of the Nonqualfied
  Stock Option ("NQSO") Agreement dated July 27, 2017 ("Stock Option Agreement")
  entered into between the Company and Mr. Robert L. Ferguson in connection with
  Mr. Ferguson's consulting work under the Test Bed Initiatives for the Company's
  subsidiary, Perma-Fix Northwest Richland, Inc. ("PFNWR"). Pursuant to the Stock
  Option Agreement, Mr. Ferguson was granted a NQSO from the Company's 2017 Stock
  Option Plan for the purchase of up to 100,000 shares of the Company Common
  Stock at an exercise price of $3.65 a share, which was the fair market value of
  the Company's Common Stock on the date of grant of July 27, 2017 ("Ferguson
  Stock Option"). The vesting of the Ferguson Stock Option is subject to the
  achievement of the following milestones ("waste" as noted below is defined as
  liquid LAW ("low activity waste") and/or liquid TRU ("transuranic waste")):

  ? Upon treatment and disposal of three gallons of waste at the PFNWR facility
  on or before January 27, 2018, 10,000 shares of the Ferguson Stock Option shall
  become exercisable;

  ? Upon treatment and disposal of 2,000 gallons of waste at the PFNWR facility
  on or before January 27, 2019, 30,000 shares of the Ferguson Stock Option shall
  become exercisable; and

  ? Upon treatment and disposal of 50,000 gallons of waste at the PFNWR facility
  and assistance, on terms satisfactory to the Company, in preparing certain
  justifications of cost and pricing data for the waste and obtaining a long-term
  commercial contract relating to the treatment, storage and disposal of waste on
  or before January 27, 2021, 60,000 shares of the Ferguson Stock Option shall
  become exercisable.

  The term of the Ferguson Stock Option is seven (7) years from the grant date.
  Each of the milestones is exclusive of each other; therefore, achievement of
  any of the milestones above by Robert Ferguson by the designated date will
  provide Robert Ferguson the right to exercise the number of options in
  accordance with the milestone attained. On January 17, 2019, the Ferguson Stock
  Option was amended whereby the vesting date of the Ferguson Stock Option for
  the second milestone as discussed above was amended from "on or before January
  27, 2019" to "on or before March 31, 2020."

  On March 27, 2020, the vesting date of the Ferguson Stock Option for the second
  milestone was further amended from "on or before March 31, 2020" to "on or
  before December 31, 2021." Additionally, the vesting date of the Ferguson Stock
  Option for the third milestone as discussed above was amended from "on or
  before January 27, 2021" to "on or before December 31, 2022."

  All other terms of the Ferguson Stock Option remain unchanged.

  On May 1, 2018, Robert Ferguson exercised the 10,000 options which became
  vested by Mr. Ferguson in December 2017 in connection with his attainment of
  the first milestone.

Item 9.01 - Financial Statements and Exhibits






  (d) Exhibits




   Exhibit     Description
    Number
                 Stock Option Agreement dated July 27, 2017 between Perma-Fix
     99.1      Environmental Services, Inc. and Mr. Robert L. Ferguson, as
               incorporated by reference from Exhibit 10.6 to the Company's third
               quarter Form 10-Q filed on August 9, 2017.
                 First Amendment to Stock Option Agreement dated July 27, 2017
     99.2      between Perma-Fix Environmental Services, Inc. and Mr. Robert L.
               Ferguson, as incorporated by reference from Exhibit 10.23 to the
               Company's 2018 Form 10-K filed on April 1, 2019.
                 Second Amendment to Stock Option Agreement dated July 27, 2017
     99.3      between Perma-Fix Environmental Services, Inc. and Mr. Robert L.
               Ferguson.

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