0001104659-10-024785 Sample Contracts

GOLDEN MINERALS COMPANY FORM OF NON-QUALIFIED STOCK OPTION AWARD AGREEMENT
Non-Qualified Stock Option Award Agreement • May 4th, 2010 • Golden Minerals Co • Gold and silver ores • Delaware

This Non-Qualified Stock Option Award Agreement (the “Award Agreement”), is made as of the day of , 20 (the “Grant Date”), between Golden Minerals Company, a Delaware corporation (the “Company”), and (the “Participant”).

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