AMENDMENT TO TRUST AGREEMENT
Exhibit 10.6
AMENDMENT TO TRUST AGREEMENT
THIS AMENDMENT TO TRUST AGREEMENT made as of the 20th day of September, 2002.
BETWEEN:
STERLING GROUP VENTURES, INC., a company duly | |
incorporated under the laws of the State of Nevada and having an office at | |
Xxxx 00, 00000 Xxxxxxx Xxxxxx, Xxxxxxxx, XX, X0X 0X0 | |
(hereinafter called "Sterling") | |
OF THE FIRST PART |
AND:
XXXXX X. XXXXXX, businessman, having an office at Xxxx 00, 00000 | |
Xxxxxxx Xxxxxx, Xxxxxxxx, XX, X0X 0X0 | |
(hereinafter called the "Trustee") | |
OF THE SECOND PART |
WHEREAS: Doutaz and Sterling desire to amend that certain Option To Purchase And Royalty Agreement between Sterling and Mayan Minerals Ltd. dated May 31, 2002 to purchase and explore certain mineral claims in the Province of British Columbia;
NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the premises and the mutual promises, covenants and agreements herein contained, the parties hereto agree as follows:
The Trust Agreement entered into between Doutaz and Sterling dated May 17, 2002 is hereby amended in relevant part to read as follows:
2. | TERMINATION |
2.1 | This Agreement will terminate on: | |
(a) | January 01, 2006, unless on or before that date, Sterling terminates in writing that certain Option To Purchase And Royalty Agreement dated May 17, 2002 between Mayan Minerals Ltd., Xxxxx X. Xxxxxx and Sterling Group Ventures, Inc. |
IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.
STERLING GROUP VENTURES, INC.
/s/ Xxxxx X. Xxxxxxxxx | |
Per: | |
by its Authorized Signatory |
XXXXX X. XXXXXX | |
/s/ Xxxxx X. Xxxxxx | |