0001062993-03-000172 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • February 28th, 2003 • Sur American Gold Corp

SUR AMERICAN GOLD CORPORATION, a company duly incorporated under the laws of the Province of Alberta and having an office at #1100 -1090 West Georgia Street, Vancouver, British Columbia V6E 3V7

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SUR AMERICAN GOLD CORPORATION PO BOX 1199 LYNN VALLEY ROAD, NORTH VANCOUVER V7J 3H2 PH (604) 904 8956, FAX (604) 904 8957 E-mail suramerican@telus.net
Earn-in Agreement • February 28th, 2003 • Sur American Gold Corp

As we have discussed in recent weeks, in order for Sur American Gold Corporation to obtain quicker and less costly regulatory approval for our proposed agreement it is necessary that the terms be modified. For this reason I present a revised agreement which provides Sur American Gold Corporation with an option to earn up to 70% of Sabena Ltd.

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