EARL HARRISON SETTLEMENT AGREEMENT
EXHIBIT 10.11
XXXX XXXXXXXX SETTLEMENT AGREEMENT
This Settlement Agreement is made and entered into effective as of April 9, 2010, by and between Xxxx Xxxxxxxx a Nevada Individual, Golden Phoenix Minerals, Inc. a Nevada corporation and Win-Eldrich Gold, Inc. a Nevada Corporation.
Golden Phoenix Minerals owes Xxxx Xxxxxxxx a balance of $180,140.37 and would like to settle this balance owed to him by receiving half or $90,070.18 by certified funds from Golden Phoenix Minerals and the balance of $90,070.19 would be paid by Win-Eldrich Gold Inc. and be reduced from the Secured Promissory Note that Win-Eldrich Gold Inc. has with Golden Phoenix Minerals. Win-Eldrich Gold and Golden Phoenix will add this to the Promissory Note Modification Agreement that they are currently working on with another issue. Signatures may be executed by sending a signed copy of this agreement by facsimile, e-mail or other form of electronic transmission.
Executed on the day and year first written above.
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/s/ Xxxx Xxxxxxxx
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4/9/10
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Xxxx Xxxxxxxx
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Date
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/s/ Xxxx Xxxx
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4/9/10
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Win-Eldrich Gold Inc.
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Date
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By: Xxxx Xxxx - CFO
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/s/ Xxx Xxxxxx
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4/9/10
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Golden Phoenix Minerals, INC
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Date
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By: Xxx Xxxxxx - President
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