AMENDMENT NO. 3 TO AMENDED AND RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • June 21st, 2010 • Apollo Gold Corp • Gold and silver ores
This Amendment No. 3 (the “Third Amendment”) to the Amended and Restated Employment Agreement dated May 21, 2003 (the “Employment Agreement”) as further amended pursuant to Amendment No. 1 dated January 23, 2006 and Amendment No. 2 dated March 20, 2009 is entered into as of June 18, 2010 (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 R. David Russell (“Executive”). Capitalized terms used and not otherwise defined herein shall have the respective meanings set forth in the Employment Agreement, as amended.
