0001144204-06-033405 Sample Contracts

SEVERANCE AGREEMENT
Severance Agreement • August 14th, 2006 • Western Goldfields Inc • Gold and silver ores • Ontario

This Agreement may be executed in one or more counterparts which together shall be deemed to constitute one valid and binding agreement and delivery of the counterparts may be effected by means of a telecopied transmission.

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INDEMNIFICATION AGREEMENT
Indemnification Agreement • August 14th, 2006 • Western Goldfields Inc • Gold and silver ores • Idaho

INDEMNIFICATION AGREEMENT, dated as of the 9th day of August 2006, by and between Western Goldfields, Inc., an Idaho corporation with its principal office located at 6502 E. Highway 78, Brawley, CA 92227 (the "Company"), and __________, a director and/or officer of the Company residing at _________________ (the "Indemnitee").

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