EXHIBIT 99.2
AMENDMENT TO CONSULTING AGREEMENT
THIS AMENDMENT TO CONSULTING AGREEMENT ("AMENDMENT") is made and entered
into as of the 30th day of August, 2002, by and between RUBY MINING COMPANY, a
Colorado corporation ("Ruby") and Xxxxx X. Xxxxxx ("Consultant").
WHEREAS, Consultant and Ruby entered into that certain Consulting Agreement
dated September 18, 2001 (the "Agreement"), a copy of which is attached hereto
as EXHIBIT "A" and by this reference made a part hereof; and
WHEREAS, the parties to the Agreement desire to amend the Agreement so that
Ruby shall deliver to Consultant an additional 100,000 shares of Ruby common
stock for services rendered under said Agreement;
NOW, THEREFORE, in consideration of $10.00 cash in hand and the premises,
the parties hereto, intending to be legally bound, do hereby agree as follows:
1. Pursuant to the authority granted in the first sentence of Paragraph 11
of the Agreement, the Agreement is hereby amended to provide that Ruby
shall immediately deliver to Consultant an additional 100,000 shares
(the "Additional Shares") of Ruby common stock, registered under Form
S-8, for services rendered by Consultant under the Agreement beyond
those called for under the Agreement.
2. No other modifications or alterations to the Agreement are hereby
agreed to or authorized, and it is hereby agreed that, upon delivery of
the Additional Shares to Consultant, the Agreement shall be deemed
completed and terminated.
3. Upon delivery of the Additional Shares to Consultant, Consultant and
Ruby, together with their employees, directors, officers, attorneys,
agents, legal representatives, servants, and affiliates, agree to
release, indemnify and hold harmless the other, together with the
other's employees, directors, officers, attorneys, agents, legal
representatives, servants and affiliates, from and against any and all
actions, claims, liabilities, causes of actions, obligations, and
debts, from the beginning of time until the date hereof, for any matter
whatsoever, sounding in contract or tort or otherwise, including, but
not limited to, any action arising out of or related to, the Agreement
or this Amendment.
[SIGNATURES ARE ON THE NEXT PAGE]
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IN WITNESS WHEREOF, this Amendment is made and entered into as of the the
30th day of August, 2002.
/s/ Xxxxx X. Xxxxxx
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Xxxxx X. Xxxxxx
XXXX MINING COMPANY
By: /s/ Xxxxxxx X. Xxxxxxx
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Xxxxxxx X. Xxxxxxx, CEO
By: /s// Xxxxxx X. Xxxxxxx, Xx.
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Xxxxxx X. Xxxxxxx, Xx., CFO
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