0001062993-15-000317 Sample Contracts

AMENDMENT NO. 1 TO DIRECTOR NON-QUALIFIED STOCK OPTION AGREEMENT
Director Non-Qualified Stock Option Agreement • January 26th, 2015 • Ireland Inc. • Gold and silver ores

THIS AMENDMENT AGREEMENT (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 December, 2014.

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