ContractGlobal Gold Corp • May 19th, 2009 • Gold and silver ores
Following up on our discussions, this letter confirms the terms on which you are providing an emergency loan of $550,000 ($500,000 from Ian Hague and $50,000 from Nick Aynilian) to Global Gold Corporation (the “Company”) to cover current and overdue license fees, taxes, utilities necessary to resume production, rent, overhead, and some other partial payments. Accordingly, each of you, in your personal capacities only and not acting on behalf of any other person or entity, hereby promise to make short-term personal loans in the total amount of $550,000 ($500,000 from Ian Hague and $50,000 from Nick Aynilian) (the “Loans”), to the Company which Loans shall accrue interest, from the day they are issued by you and until the day they are repaid by the Company, at an annual rate of 10% (the “Interest”).
EMPLOYMENT AGREEMENTEmployment Agreement • May 19th, 2009 • Global Gold Corp • Gold and silver ores • New York
AGREEMENT dated as of the 18th day of May, 2009 and effective as of January 1, 2009 between Global Gold Corporation, a Delaware corporation (the “Company"), and Courtney Fellowes, (the "Employee") (the “Agreement").
