0001062993-10-002452 Sample Contracts

OFFICER NON-QUALIFIED STOCK OPTION AGREEMENT OF IRELAND INC. A Nevada Corporation
Officer Non-Qualified Stock Option Agreement • July 28th, 2010 • Ireland Inc. • Gold and silver ores • Nevada

THIS AGREEMENT is made between IRELAND INC., a Nevada corporation (hereinafter referred to as the "Company"), and ROBERT D. McDOUGAL of 4320 Aspenwood Court, Reno, NV 89519 (hereinafter referred to as the “Optionee”), an officer of the Company, effective as of July 22, 2010 (the “Grant Date”).

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DIRECTOR NON-QUALIFIED STOCK OPTION AGREEMENT OF IRELAND INC. A Nevada Corporation
Director Non-Qualified Stock Option Agreement • July 28th, 2010 • Ireland Inc. • Gold and silver ores • Nevada

THIS AGREEMENT is made between IRELAND INC., a Nevada corporation (hereinafter referred to as the "Company"), and MARK H. BRENNAN of #1 Isleworth Drive, Henderson, NV 89052 (hereinafter referred to as the “Optionee”), a director of the Company, effective as of the 22nd day of July, 2010 (the “Grant Date”).

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