Agreement
WHEREAS, Battle Mountain Gold Company (the "Company") established and
maintains the Battle Mountain Gold Company Supplemental Executive Retirement
Plan, effective March 1, 1995 ("SERP"); and
WHEREAS, the SERP provides that it replaces for the employee signing below
(the "Employee"): (1) the Battle Mountain Gold Company Executive Supplemental
Retirement Income Plan, which was effective January 1, 1987 (the "Prior Plan"),
and (2) the Executive Supplemental Retirement Income Agreement between the
Company and Employee (the "Prior Agreement"); and that benefits may not be paid
under both the Prior Agreement and the SERP; and
WHEREAS, the Company and the Employee wish to express their agreement to
the SERP, but to modify the Company's right to amend and terminate the SERP with
respect to the Employee to reflect the provisions set forth in the Prior Plan.
NOW, THEREFORE, the parties agree that effective March 1, 1995, the Prior
Agreement terminated and the Employee stopped participating in the Prior Plan
and became a participant in the SERP and that notwithstanding anything to the
contrary in the SERP, the benefits promised to the Employee under the SERP
cannot be modified, amended or terminated except by a writing executed by both
the Company and the Employee.
IN WITNESS WHEREOF, the Company and Employee have caused this Agreement to
be executed on this ______ day of September, 1995, to be effective on March 1,
1995.
BATTLE MOUNTAIN GOLD COMPANY
_________________________________ By:_________________________________
Employee Name, Employee