1
XXXXXXX XXXXXX
November 12, 1999
ICHOR Corporation
Suite 0000, 000 Xxxxxxx Xxxxxx
Xxxxxxxxx, Xxxxxxx Xxxxxxxx
X0X 0X0
Attention: President
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Facsimile No. (000) 000 0000
Dear Sirs:
Re: Vendors' Option
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In consideration of the sum of One ($1.00) Dollar and other good and valuable
consideration, the receipt of which is hereby acknowledged, I hereby surrender
my Vendor's Option as set out in paragraph 9 of the Majority Purchase Agreement
dated July 26, 1999 to reaquire the shares of the common stock of Nazca
Holdings Ltd. (the "Corporation") that I transferred to Ichor Corporation
(the "Shares") pursuant to the Majority Purchase Agreement. I confirm that
paragraph 9 of the Majority Purchase Agreement will have no further force or
effect with respect to the Shares but that the remaining terms of the
Majority Purchase Agreement shall remain in full force and effect.
Yours truly,
XXXXXXX XXXXXX
/s/ Xxxxxxx Xxxxxx
