FINDER’S FEE AGREEMENT FOR THE MARGARITA GOLD PROPERTY THIS AGREEMENT is made this 14th day of July, 2006 by and between Fred B. Brost (‘Consultant’) and American Goldrush Corp. (‘Client’).
FINDER’S
FEE AGREEMENT FOR THE XXXXXXXXX GOLD PROPERTY
THIS
AGREEMENT is made this 14th day of July, 2006 by and between Xxxx X. Xxxxx
(‘Consultant’) and American Goldrush Corp. (‘Client’).
The
following represents our agreement, in consideration of each other's promises
or
acts with respect to this Finder's Fee Agreement. Consultant has introduced
Client to Xx. Xxxxx Xxxxxxx (‘Owner’), owner of the Xxxxxxxxx (or Oro) Property
near Ruby in Santa Xxxx County, Arizona (the ‘Property’) in return for Client's
agreement to pay Consultant compensation for these introductory services if
the
Client and the Owner execute a Property Option Agreement. Therefore,
the parties herein agree as follows:
1.
Initial
Payment.
Should
Client purchase, lease, option or otherwise acquire an interest in the Property
through payment of money, shares, options or anything of value, then Client
agrees to pay Consultant ten percent (10%) of the property option
payment (or value). Compensation to Consultant shall be based upon
the gross amount of the property option payment paid, prior to any deductions,
expenses or offsets of any kind in relation to property option payments payable
to the Owner. Payment to the Consultant will be made by check or money order
payable to the order of Consultant upon Client's payment to Owner or his
designated recipient (collectively called Owner herein). No amounts
shall be payable to the Consultant under this agreement in relation to property
exploration expenditures incurred by the Client on the Xxxxxxxxx
Property.
2.
Other
Payments.
Should
Client make subsequent property option payments, Client will pay Consultant
a
fee of ten percent (10%) of any such additional funds (or value) later paid
to
Owner pursuant to property option payments. This fee will be paid to
Consultant upon payment to Owner. These provisions for
compensation shall last for a period of three (3) years from the date of the
initial payment to Owner and shall terminate upon the third anniversary of
the
date of the initial payment to the Owner.
3.
Limitation
of
Service.
This
Agreement relates solely to Consultant's services as a finder in introducing
Client to Owner. There are no additional services that Consultant is
required to perform to be entitled to the above compensation.
CONSULTANT
REPRESENTS THAT IT IS NOT A LICENSED SECURITIES DEALER, AND THAT THIS AGREEMENT
IS NOT INTENDED FOR T14E PURPOSE OF BUYING, SELLING OR TRADING
SECURITIES.
4.
Miscellaneous.
This
Agreement shall be binding upon all parties and their respective estates, heirs,
successors and permitted assigns. This Agreement may be changed only by the
written consent of all parties. This Agreement may not be assigned by either
party without the written consent of the other. This Agreement is the entire
agreement between us. Should any legal proceeding be necessary to construe
or
enforce the provisions or this Agreement, then the prevailing party in such
legal action shall be entitled to recover all court costs, reasonable attorney
fees and costs of enforcing or collecting any judgment awarded. The judgment
by
any court of law that a particular section of this Agreement is illegal shall
not affect the validity of the remaining provisions.
It
is our
intention that the laws of the State of Arizona shall govern the validity of
this Agreement. Your signature below shall bind you to the terms and conditions
of this Agreement.
IN
WITNESS WHEREOF the Parties
hereto have duly executed this Agreement effective as of the 14th day of July,
2006
Xxxx
Xxxxx
Per:___/s/________________________
Xxxx
Xxxxx
American
Goldrush Corp.
Per:___/s/________________________
Xxxxxx
Xxxxxxx, President
