0001144204-10-023651 Sample Contracts

SEVERANCE AGREEMENT AND GENERAL RELEASE
Severance Agreement • April 30th, 2010 • Capital Gold Corp • Gold and silver ores • New York

This SEVERANCE AGREEMENT AND GENERAL RELEASE (this “Agreement”) is made between (i) John Brownlie (“Employee”), a Colorado resident, 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.”

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AMENDMENT TO BUSINESS COMBINATION AGREEMENT BY AND BETWEEN CAPITAL GOLD COPORATION AND NAYARIT GOLD INC. DATED AS OF APRIL 29, 2010
Business Combination Agreement • April 30th, 2010 • Capital Gold Corp • Gold and silver ores

THIS AMENDMENT (this “Amendment”) to the Business Combination Agreement dated as of February 10, 2010 by and among Capital Gold Corporation, a Delaware corporation (“Parent”), Nayarit Gold Inc., a corporation organized under the Ontario Business Corporation Act (“Nayarit”), John Brownlie, Colin Sutherland and Bradley Langille (the “Agreement”) is entered into by the Parties hereto as of this 29th day of April, 2010.

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