Common Contracts

2 similar Letter Agreement Regarding Board of Director Representation contracts by Paramount Gold & Silver Corp.

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Letter Agreement Regarding Board of Director Representation • October 8th, 2009 • Paramount Gold & Silver Corp. • Metal mining

This letter will confirm our understanding and agreement regarding the appointment, initially, of two (2) persons nominated by FCMI Financial Corporation (“FCMI”) (each such person, including any successors to the original persons nominated by FCMI, is referred to herein, individually, as a “Nominee”) to be a member of the Board of Directors of Paramount Gold and Silver Corp. (the “Corporation”) in connection with the closing of the financing transactions contemplated by that certain Subscription Agreement dated as of March 12, 2009 (the “Agreement”).

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Letter Agreement Regarding Board of Director Representation • March 23rd, 2009 • Paramount Gold & Silver Corp. • Metal mining

This letter will confirm our understanding and agreement regarding the appointment, initially, of two (2) persons nominated by FCMI Financial Corporation (“FCMI”) (each such person, including any successors to the original persons nominated by FCMI, is referred to herein, individually, as a “Nominee”) to be a member of the Board of Directors of Paramount Gold and Silver Corp. (the “Corporation”) in connection with the closing of the financing transactions contemplated by that certain Subscription Agreement dated as of March 12, 2009 (the “Agreement”).

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