Common use of Gold Clause in Contracts

Gold. Ore Owner shall pay all fees and costs related to Default and enforcement of Lien, including reasonable costs of Trustee to assist Gold-Ore Owner’s Pre-Recycled Gold Ore seizure and recycling efforts. Gold- Ore Owner expressly and unconditionally agrees that its sole recourse and legal remedy in the event of Default is enforcement of the Lien and obtaining the Default Pre-Recycled Gold Ore Seizure. Gold-Ore Owner expressly and unconditionally agrees that Pre-Recycled Gold Ore is legally defined as personal property the same as piles of gravel, where its ownership (legal title) is transferred from Trust to Gold-Ore Owner in Default using this Gold-Ore Purchase Agreement as a xxxx of sale (“Xxxx of Sale”). Upon Default and enforcement of Gold-Ore Owner’s Lien, this Gold-Ore Purchase Agreement shall serve as a legally enforceable Xxxx of Sale granting Gold-Ore Owner legal title to 500.0% or five (5) times the amount of Pre-Recycled Gold Ore lying on the surface of the Property to produce the Physical Ounces of Gold in Default (“Pre-Recycled Gold Ore Ownership Claim”). The Pre- Recycled Ore Ownership Claim as directed by Trust shall generally be a contiguous area within one or more piles of Gold-Containing Ore lying on the surface of the Property. The specific location of the physical Gold-Containing Ore piles, or portion(s) thereof, comprising the Pre-Recycled Gold Ore Ownership Claim shall be determined by Trust in its sole and absolute discretion. Gold-Ore Owner shall pay all costs of surveying and delineating the perimeter of each Pre-Recycled Gold Ore pile or portion thereof comprising the Pre-Recycled Gold Ore Ownership Claim, which shall be marked with wooden stakes, where each stake’s location shall be shown on the survey using industry standard metes and bounds measurements and GPS coordinates. Upon physical delivery and receipt of the Certified 99.99% Pure Gold comprising the Physical Ounces of Gold in Default, Gold-Ore Owner shall automatically release its Pre-Recycled Gold Ore Ownership Claim to any remaining Pre-Recycled Gold Ore it seized lying on the surface of the Property and any unfinished and finished gold-containing material and finished Certified 99.99% Pure Gold that has been removed from the Property and is in any stage of the recycling process in offsite locations. Gold-Ore Purchaser expressly agrees it shall have 24-months from the original date of Default to recycle the Physical Ounces of Gold in Default from its Pre-Recycled Gold Ore Ownership Claim. After a period of 24-months Gold-Ore Owner’s Pre-Recycled Gold Ore Ownership Claim shall automatically terminate and revert to Trust for any remaining Pre-Recycled Gold Ore it seized lying on the surface of the Property and any unfinished and finished gold-containing material that has been removed from the Property and is in any stage of the recycling process in offsite locations. In no event shall Gold-Ore Owner receive more Certified 99.99% Pure Gold than the Physical Ounces of Gold in Default.

Gold. Ore Owner shall pay all fees and costs related to Default and enforcement of Lien, including reasonable costs of Trustee to assist Gold-Ore Owner’s Pre-Recycled Gold Ore seizure and recycling efforts. Gold- Ore Owner expressly and unconditionally agrees that its sole recourse and legal remedy in the event of Default is enforcement of the Lien and obtaining the Default Pre-Recycled Gold Ore Seizure. Gold-Ore Owner expressly and unconditionally agrees that Pre-Recycled Gold Ore is legally defined as personal property the same as piles of gravel, where its ownership (legal title) is transferred from Trust to Gold-Ore Owner in Default using this Gold-Ore Purchase Agreement as a xxxx bill of sale (“Xxxx Bill of Sale”). Upon Default and enforcement of Gold-Ore Owner’s Lien, this Gold-Ore Purchase Agreement shall serve as a legally enforceable Xxxx Bill of Sale granting Gold-Ore Owner legal title to 500.0% or five (5) times the amount of Pre-Recycled Gold Ore lying on the surface of the Property to produce the Physical Ounces of Gold in Default (“Pre-Recycled Gold Ore Ownership Claim”). The Pre- Recycled Gold Ore Ownership Claim as directed by Trust shall generally be a contiguous area within one or more piles of Gold-Containing Ore lying on the surface of the Property. The specific location of the physical Gold-Containing Ore piles, or portion(s) thereof, comprising the Pre-Recycled Gold Ore Ownership Claim shall be determined by Trust in its sole and absolute discretion. Gold-Ore Owner shall pay all costs of surveying and delineating the perimeter of each Pre-Recycled Gold Ore pile or portion thereof comprising the Pre-Recycled Gold Ore Ownership Claim, Claim which shall be accurately marked with wooden stakes, where each stake’s location shall be shown on the survey using industry standard metes and bounds measurements and GPS coordinatescoordinates (“Survey”). Upon physical delivery and receipt of the Certified 99.99% Pure Gold comprising the Physical Ounces of Gold in Default, Gold-Ore Owner shall automatically release its Pre-Recycled Gold Ore Ownership Claim to any remaining Pre-Recycled Gold Ore it seized lying on the surface of the Property and any unfinished and finished gold-containing material and finished Certified 99.99% Pure Gold that has been removed from the Property and is in any stage of the recycling or refining process in offsite locations. Gold-Ore Purchaser Owner expressly agrees it shall have 24-months from the original date of Default to recycle the Physical Ounces of Gold in Default from its Pre-Recycled Gold Ore Ownership ClaimClaim (“Default Gold Recycling Period”). After a period termination of 24-months the Default Gold Recycling Period Gold-Ore Owner’s Pre-Recycled Gold Ore Ownership Claim shall automatically terminate and revert to Trust for any remaining Pre-Recycled Gold Ore it seized lying on the surface of the Property and any unfinished and finished gold-containing material that has been removed from the Property and is in any stage of the recycling process in offsite locations. In no event shall Gold-Ore Owner receive more Certified 99.99% Pure Gold than the Physical Ounces of Gold in Default.

Gold. Ore Owner shall pay all fees and costs related to Default and enforcement of Lien, including reasonable costs of Trustee to assist Gold-Ore Owner’s Pre-Recycled Gold Ore seizure and recycling efforts. Gold- Ore Owner expressly and unconditionally agrees that its sole recourse and legal remedy in the event of Default is enforcement of the Lien and obtaining the Default Pre-Recycled Gold Ore Seizure. Gold-Ore Owner expressly and unconditionally agrees that Pre-Recycled Gold Ore is legally defined as personal property the same as piles of gravel, where its ownership (legal title) is transferred from Trust to Gold-Ore Owner in Default using this Gold-Ore Purchase Agreement as a xxxx of sale (“Xxxx of Sale”). Upon Default and enforcement of Gold-Ore Owner’s Lien, this Gold-Ore Purchase Agreement shall serve as a legally enforceable Xxxx of Sale granting Gold-Ore Owner legal title to 500.0% or five (5) times the amount of Pre-Recycled Gold Ore lying on the surface of the Property to produce the Physical Ounces of Gold in Default (“Pre-Recycled Gold Ore Ownership Claim”). The Pre- Recycled Gold Ore Ownership Claim as directed by Trust shall generally be a contiguous area within one or more piles of Gold-Containing Ore lying on the surface of the Property. The specific location of the physical Gold-Containing Ore piles, or portion(s) thereof, comprising the Pre-Recycled Gold Ore Ownership Claim shall be determined by Trust in its sole and absolute discretion. Gold-Ore Owner shall pay all costs of surveying and delineating the perimeter of each Pre-Recycled Gold Ore pile or portion thereof comprising the Pre-Recycled Gold Ore Ownership Claim, Claim which shall be accurately marked with wooden stakes, where each stake’s location shall be shown on the survey using industry standard metes and bounds measurements and GPS coordinatescoordinates (“Survey”). Upon physical delivery and receipt of the Certified 99.99% Pure Gold comprising the Physical Ounces of Gold in Default, Gold-Ore Owner shall automatically release its Pre-Recycled Gold Ore Ownership Claim to any remaining Pre-Recycled Gold Ore it seized lying on the surface of the Property and any unfinished and finished gold-containing material and finished Certified 99.99% Pure Gold that has been removed from the Property and is in any stage of the recycling or refining process in offsite locations. Gold-Ore Purchaser Owner expressly agrees it shall have 24-months from the original date of Default to recycle the Physical Ounces of Gold in Default from its Pre-Recycled Gold Ore Ownership ClaimClaim (“Default Gold Recycling Period”). After a period termination of 24-months the Default Gold Recycling Period Gold-Ore Owner’s Pre-Recycled Gold Ore Ownership Claim shall automatically terminate and revert to Trust for any remaining Pre-Recycled Gold Ore it seized lying on the surface of the Property and any unfinished and finished gold-containing material that has been removed from the Property and is in any stage of the recycling process in offsite locations. In no event shall Gold-Ore Owner receive more Certified 99.99% Pure Gold than the Physical Ounces of Gold in Default.