EXHIBIT 4.148
XXXXXXXX AMENDMENT AGREEMENT
This Amendment Agreement is dated for reference the 4th day of December 2008
BETWEEN:
XXXXXX XXXXXXXX (as to 50%)
00 Xxxxxxx Xxxxxx
Xxxxxx, Xxxxxxx X0X 0X0
Tel: (000) 000-0000
XXXXX XXXXXXXX (as to 50%)
X.X. Xxx 000
Xxxxxxxx Xxxxx, Xxxxxxx X0X 0X0
Tel: (000) 000-0000
(hereinafter referred to collectively as the "Optionors")
BOTH OF THE FIRST PART
AND:
XXXXXX GOLD CORP.
711 - 000 Xxxx Xxxxxxxx Xxxxxx
Xxxxxxxxx, Xxxxxxx Xxxxxxxx X0X 0X0
Telephone: (000) 000-0000
(the above hereinafter referred to as the "Optionee")
OF THE SECOND PART
WHEREAS the Optionee and the Optionors entered into an option agreement dated
for reference the 7th day of December 2007 (the "Xxxxxxxx Agreement") and the
parties wish to amend the terms of the Xxxxxxxx Agreement.
NOW THEREFORE in consideration of the premises and the mutual covenants and
agreements herein contained, the parties agree as follows:
1. Section 3 to the Xxxxxxxx Agreement be deleted in its entirety and
replaced with Section 3 as written below:
"3. TERMS OF THE OPTION
In order to maintain the Option in good standing and earn a 100%
right, title and undivided interest in and to the Property, the
Optionee, subject to paragraph 2, shall:
(a) pay to the Optionors $5,000 on or before December 10, 2008;
(b) pay to the Optionors a further $5,000 on or before December 1,
2009;
(c) pay to the Optionors a further $10,000 on or before December
1, 2010;
(d) pay to the Optionors a final $10,000 on or before December 1,
2011;
(e) pay to the Optionors a final $10,000 on or before December 1,
2012;
(f) pay to the Optionors a final $10,000 on or before December 1,
2013; and
(g) pay to the Optionors a final $10,000 on or before December 1,
2014."
2. In all other respects the terms of the Xxxxxxxx Agreement remain as
written.
3. Time shall be of the essence of this Amendment Agreement.
4. The parties hereto covenant and agree to execute and deliver all such
further documents as may be required to carry out the full intent and
meaning of this Amendment Agreement and to effect the transactions
contemplated hereby.
5. This Amendment Agreement shall be governed by and interpreted in
accordance with the laws of the Province of Ontario.
Page 2
6. This Amendment Agreement together with the Xxxxxxxx Agreement
constitute the entire agreement between the parties and supersedes all
previous understandings, communications, representations and agreements
between the parties with respect to the subject matter of this
Amendment Agreement.
7. This Amendment Agreement will enure to the benefit of and be binding
upon the parties hereto and their respective successors and permitted
assigns.
IN WITNESS WHEREOF the parties hereto have executed these presents as of the day
and year first above written.
SIGNED and DELIVERED by )
XXXXXX XXXXXXXX in the presence of: )
)
BY: /S/ XXXXXXXX XXXXXXXX )
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Witness Signature )
)
XXXXXXXX XXXXXXXX )
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Name (printed) ) BY: /S/ XXXXXX XXXXXXXX
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) XXXXXX XXXXXXXX
0000 XXXXXX XXX., XXXXXX, XX )
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Address )
SIGNED and DELIVERED by )
XXXXX XXXXXXXX in the presence of: )
)
BY: /S/ X. XXXXXXX )
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Witness Signature )
)
XXXX XXXXXXX )
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Name (printed) ) BY: /S/ XXXXX XXXXXXXX
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) XXXXX XXXXXXXX
000 XXXXXXXXXXX XXX., XXXXXX, XX )
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Address )
XXXXXX GOLD CORP. )
)
)
Per:_________________________________ )
Xxxx Xxxxxxxx, Director )
