0001144204-06-003088 Sample Contracts

FORM OF AMENDMENT No. 1 to AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • January 27th, 2006 • Apollo Gold Corp • Gold and silver ores • Colorado

This Amendment No. 1 (“First Amendment”) to Amended and Restated Employment Agreement dated __________, 20___ (the “Employment Agreement”) is entered into as of January 23, 2006 (the “Effective Date”) by and among Apollo Gold Corporation, a Yukon territory Corporation (“Parent”), and its wholly-owned subsidiary, Apollo Gold Inc., a Delaware corporation (jointly and severally with Parent, the “Employer”), and ___________________ (“Officer”).

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FORM OF AMENDED AND RESTATED EMPLOYMENT AND SEVERANCE AGREEMENT
Employment and Severance Agreement • January 27th, 2006 • Apollo Gold Corp • Gold and silver ores • Colorado

This Amended and Restated Employment and Severance Agreement (this “Agreement”) dated as of January 23, 2006 (the “Effective Date”) is between Apollo Gold Corporation, a Yukon Territory Corporation (the “Parent”), and its wholly-owned subsidiary, Apollo Gold, Inc., a Delaware corporation (jointly and severally with Parent, the “Employer”) and (“Officer”).

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