LOCK UP AGREEMENT

EXHIBIT 10.10

LOCK UP AGREEMENT

Made this 20^th day of October, 2006.

BETWEEN:

SILVER RESERVE CORP.,

(herein called“Silver Reserve”)

- and -

The Parties listed on Schedule A

(herein called “Shareholders”)

WHEREAS, Silver Reserve proposed to file a registration including common shares held by the parties listed on Schedule A;

NOW THEREFORE, the parties hereto agree as follows:

1.   In consideration of Silver Reserve agreeing to register the common shares (the “Shares”) held by the Shareholders, the Shareholders agree that Shares shall be subject to the following restrictions.

2.   The Shareholders agree that up to 25% of the Shares may be re-sold when the registration statement becomes effective, 25% may be re-sold six months from the date of effectiveness, 25% may be re-sold twelve months from the date of effectiveness and 25% may be re-sold eighteen months from the date of effectiveness. Each Shareholder will be issued four certificates for the Shares and three of those certificates will be legended to reflect the forgoing restrictions on re-sale.

3.   It is agreed that the Shares will not be certificated until the registration statement becomes effective.

4.   There can be no assurance that the Company’s registration statement will be declared effective by the Securities and Exchange Commission. The Shares may not be resold unless registered under the Securities Act of 1933 as amended and may not be sold, offered for sale of transferred unless such sale or transfer is in compliance without exceptions from registration and an opinion of council satisfactory in form and substance to counsel for the Company, that this transaction will not result in a violation of United Stated Federal or State Law.

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5.   This Agreement is in addition to and not substitution of the agreement under which the Shareholder acquired the Shares originally.

6.   This Agreement may be executed in multiple counterparts, each of which shall be deemed an original, and all of which together shall constitute one and the same instrument. Execution and delivery of this Agreement by exchange of facsimile copies bearing facsimile signature of a party shall constitute a valid and binding execution and delivery of this Agreement by such party. Such facsimile copies shall constitute enforceable original documents.

IN WITNESS WHEREOF the parties have executed this Agreement effective as of the date first written above,

SILVER RESERVE CORP.

By:  s/ Xxxxxxxx Xxxxxx

Its

s/ Xxxxxxx Xxxxx

Xxxxxxx Xxxxx

s/ X. Xxxxxxx

Xxxxxx Xxxxxxx

s/ Xxxxxxxxxxx Xxxxxx

Xxxxxxxxxxx Xxxxxx

s/ Xxxxxx Xxxxx

Xxxxxx Xxxxx

s/ X. X. Xxxxxx Xx.

X. X. Xxxxxx Xx.

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s/ Xxxxx Xxxxxxxxxxxx

Xxxxx Xxxxxxxxxxxx

s/ Xxxxxx Xxxxxx

Xxxxxx Xxxxxx

West Peak Ventures of Canada Ltd.

By:  s/ Xxx Xxxxx

Its:

Agosto Corporation Limited

By:  s/ Xxxxxx Xxxxxx

Its: Director

Pinetree Resource Partnership

By:  s/ Xxxxxxx Xxxxxxxxx

Its:  A.S.O.

s/ Xxxxxx Xxx

Xxxxxx Xxx

s/ X. Xxxxxx

Xxxx Xxxxxx

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SCHEDULE A

		# of Shares
Xxxxxxx Xxxxx			1,391,000
000-0000 Xxxxxxx Xx.
Xxxxxxxx, X.X. X0X 0X0
Xxxxxx Xxxxxxx			1,167,183
0000 Xxxxxx Xxx.
Xxxxxxxxxx, XX X0X 0X0
Xxxxxxxxxxx Xxxxxx			1,710,000
000 - 00000 Xxxxxx Xxx
Xxxxxx, XX X0X 0X0
Xxxxxx Xxxxx			1,710,000
000 - 000 Xxxxxxx Xxxxx
Xxxx Xxxxx, XX X0X 0X0
X. X. Xxxxxx Xx.			1,750,750
00000 Xxxxx Xxxxx, Xxxxx 000
Xxx Xxxxxxx, XX 00000
Xxxxx Xxxxxxxxxxxx			50,000
0000 Xxxxxxxxx Xxxxxxxx
Xxxxxxxx, Xxxxxxx X0X 0X0
Xxxxxx Xxxxxx			50,000
0000 Xxxxxxxx Xxxx., Xxxx #00
Xxxxxxxxxx, Xxxxxxx X0X 0X0
West Peak Ventures of Canada Ltd.			1,850,000
000 - 000 Xxxx Xxxxxx
Xxxxxxxxx, XX X0X 0X0
Agosto Corporation Limited			652,817
00X Xxxxx Xxxxxxx Xxxxxxx
Xxxxxxxxx, Xx. Xxxxx
Xxxxxxxx BB 24119
Pinetree Resource Partnership			500,000
The Exchange Tower, 000 Xxxx Xx. X.
Xxxxx 0000, P. O. Xxx 00
Xxxxxxx, XX X0X 0X0
Xxxxxx Xxx			925,000
00000 00xx Xxx.
Xxxxxx, X.X. X0X 0X0
Xxxx Xxxxxx			925,000
000 - 00000 Xxxxxx Xxx
Xxxxxx X.X. X0X 0X0

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