0000008328-14-000026 Sample Contracts

APPLIED MINERALS, INC. STOCK OPTION AGREEMENT
Stock Option Agreement • February 7th, 2014 • Applied Minerals, Inc. • Gold and silver ores • New York

This agreement sets forth the terms of an Option to purchase shares of Applied Minerals, Inc.’s Common Stock, $0.001 par value, granted to Nat Krishnamurti pursuant to the terms of a resolution of the Board of Directors dated May 17, 2012.

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