THIS EXHIBIT HAS BEEN REDACTED AND IS THE SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST. REDACTED MATERIAL IS MARKED WITH [* * *] AND HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. SEVERANCE AGREEMENT AND RELEASESeverance Agreement and Release • October 14th, 2009 • Capital Gold Corp • Gold and silver ores • New York
This SEVERANCE AGREEMENT AND RELEASE (this “Agreement”) is made between (i) JEFFREY W. PRITCHARD (“Employee”) and (ii) CAPITAL GOLD CORPORATION, a Delaware corporation (the “Company”). Employee and the Company are referred to collectively as the “Parties” and individually as a “Party.”
MINING EXPLORATION AGREEMENT WITH THE OPTION TO BUY, BETWEEN ROBERTO PRECIADO, IN HIS OWN RIGHT (WHO WILL BE REFERRED TO AS THE “CONCESSION HOLDER” THROUGHOUT THE FOLLOWING DOCUMENT), WITH THE CONSENT OF HIS SPOUSE, MRS. BERTHA ELENA MARTINEZ...Mining Exploration Agreement • October 14th, 2009 • Capital Gold Corp • Gold and silver ores
FIRST. OPTION TO BUY. The Concession Holder grants the Company an irrevocable and exclusive option to buy (hereafter referred to as “Option to Buy”), so that Company may acquire ownership of the Mining Concessions as well as any other concession that may substitute any other concession, from the Concession Holder.
