1
Exhibit C
Translation from German
Purchase Agreement
between
August xxx Xxxxx
- referred to below as Seller-
and
August Xxxxxxxx xxx Xxxxx,
- referred to below as Buyer -
--
Art. 1 Scope of Agreement
(1) The Seller is among other things owner of 3.000.000 shares of Homestake
Mining Co. DL 1 (WKN 000000) kept in the deposit for the Seller at the
[name withheld] bank, Munich.
(2) The Seller herewith transfers these shares to the Buyer.
Art. 2 Purchase Price
(1) The sale is effective as of December 4, 1998. The purchase price of the
shares amounts at an exchange rate of US-$ 10.0625 (US-$ exchange rate
1.6730) (= DM 16.83) per share to a total of
DM 50,490,000.00
(in letters:
Fifty Million and Four Hundred and Ninety Thousand German Marks)
(2) The purchase price is due on December 4, 1998.
Art. 3 Right to Dividends
The Buyer is entitled to dividends distributed with respect to the sold shares
from this day on.
2
Art. 4 Warranty
The Seller guarantees that the sold shares are unencumbered with rights of third
parties. Any further warranty of the Seller is precluded.
Art. 5 Administrative Provisions
(1) Buyer and Seller hereby agree that ownership in the sold shares, any
certificates of profit participation and, any certificates of renewal
is transferred to the Buyer effective as of the date hereof.
(2) The Seller hereby assigns his claim against Bayerische Landesbank to
surrender the sold shares, any certificates of profit participation and
any certificates of renewal to the Buyer.
Buyer herewith accepts the assignment.
(3) The shares shall be credited to Buyer's deposit account number
[withheld] at the [name withheld] bank, Munich.
Munich, December 4, 1998
/s/ August xxx Xxxxx
--------------------
August xxx Xxxxx
/s/ *
-----------------------------
August Xxxxxxxx xxx Xxxxx
* Signed by Messrs. Ernst Xxxx Xxxxx and Xxxxxx Xxxxx
3
Purchase Agreement
between
August xxx Xxxxx
- referred to below as Seller-
and
Luitpold Xxxxxxxxx xxx Xxxxx,
- referred to below as Buyer -
--
Art. 1 Scope of Agreement
(4) The Seller is among other things owner of 3.000.000 shares of Homestake
Mining Co. DL 1 (WKN 000000) kept in the deposit for the Seller at the
[name withheld] bank, Munich.
(5) The Seller herewith transfers these shares to the Buyer.
Art. 2 Purchase Price
(1) The sale is effective as of December 4, 1998. The purchase price of the
shares amounts at an exchange rate of US-$ 10.0625 (US-$ exchange rate
1.6730) (= DM 16.83) per share to a total of
DM 50,490,000.00
(in letters:
Fifty Million and Four Hundred and Ninety Thousand German Marks)
(2) The purchase price is due on December 4, 1998.
Art. 3 Right to Dividends
The Buyer is entitled to dividends distributed with respect to the sold shares
from this day on.
4
Art. 4 Warranty
The Seller guarantees that the sold shares are unencumbered with rights of third
parties. Any further warranty of the Seller is precluded.
Art. 5 Administrative Provisions
(1) Buyer and Seller hereby agree that ownership in the sold shares, any
certificates of profit participation and, any certificates of renewal
is transferred to the Buyer effective as of the date hereof.
(2) The Seller hereby assigns his claim against Bayerische Landesbank to
surrender the sold shares, any certificates of profit participation and
any certificates of renewal to the Buyer.
Buyer herewith accepts the assignment.
(3) The shares shall be credited to Buyer's deposit account number
[withheld] at the [name withheld] bank, Munich.
Munich, December 4, 1998
/s/ August xxx Xxxxx
--------------------
August xxx Xxxxx
/s/ Luitpold Xxxxxxxxx xxx Xxxxx
--------------------------------
Luitpold Xxxxxxxxx xxx Xxxxx
5
Purchase Agreement
between
August xxx Xxxxx
- referred to below as Seller-
and
Xxxxx Xxxxxxxx xxx Xxxxx,
- referred to below as Buyer -
--
Art. 1 Scope of Agreement
(4) The Seller is among other things owner of 3.000.000 shares of Homestake
Mining Co. DL 1 (WKN 000000) kept in the deposit for the Seller at the
[name withheld] bank, Munich.
(5) The Seller herewith transfers these shares to the Buyer.
Art. 2 Purchase Price
(1) The sale is effective as of December 4, 1998. The purchase price of the
shares amounts at an exchange rate of US-$ 10.0625 (US-$ exchange rate
1.6730) (= DM 16.83) per share to a total of
DM 50,490,000.00
(in letters:
Fifty Million and Four Hundred and Ninety Thousand German Marks)
(2) The purchase price is due on December 4, 1998.
Art. 3 Right to Dividends
The Buyer is entitled to dividends distributed with respect to the sold shares
from this day on.
6
Art. 4 Warranty
The Seller guarantees that the sold shares are unencumbered with rights of third
parties. Any further warranty of the Seller is precluded.
Art. 5 Administrative Provisions
(1) Buyer and Seller hereby agree that ownership in the sold shares, any
certificates of profit participation and, any certificates of renewal
is transferred to the Buyer effective as of the date hereof.
(2) The Seller hereby assigns his claim against Bayerische Landesbank to
surrender the sold shares, any certificates of profit participation and
any certificates of renewal to the Buyer.
Buyer herewith accepts the assignment.
(3) The shares shall be credited to Buyer's deposit account number
[withheld] at the [name withheld] bank, Munich.
Munich, December 4, 1998
/s/ August xxx Xxxxx
--------------------
August xxx Xxxxx
/s/ *
--------------------------
Xxxxx Xxxxxxxx xxx Xxxxx
* Signed by Messrs. Ernst Xxxx Xxxxx and Xxxxxx Xxxxx
