MG ASSIGNMENT AND ASSUMPTION AGREEMENTAssignment and Assumption Agreement • February 23rd, 2012 • Global Gold Corp • Gold and silver ores
THIS MG ASSIGNMENT AND ASSUMPTION AGREEMENT, dated as of February 19, 2012 (together with the exhibit and schedules hereto, this "Assignment"), by and between GLOBAL GOLD CORPORATION, a Delaware corporation ("Parent"), GLOBAL GOLD MINING LLC, a Delaware limited liability company, in its capacity as assignor ("GGM"), GLOBAL GOLD CONSOLIDATED RESOURCES LIMITED, a Jersey, Channel Islands private limited company ("GGCRL") and GGCRL’s wholly-owned subsidiary, GGCR Mining, LLC, a Delaware limited liability company, in its capacity as assignee ("GGCR Mining"),
GUARANTYGuaranty • February 23rd, 2012 • Global Gold Corp • Gold and silver ores
This Guaranty is an absolute, present and continuing guaranty of payment and performance, and is in no way conditioned or contingent upon any attempt to collect from the Issuer or upon any other condition or contingency. This Guaranty shall remain in full force and effect without regard to, and the obligations of Guarantor hereunder shall not be affected or impaired by: (a) any amendment or modification of or addition or supplement to any of the Notes, the Instrument or other Credit Document; (b) any extension, indulgence or other action or inaction in respect of any of the Notes, the Instrument or other Credit Document; (c) any default by the Issuer under, or any invalidity or unenforceability of, or any irregularity or other defect in, any of the Notes, the Instrument or other Credit Documents; (d) any exercise or non-exercise of any right, remedy, power or privilege in respect of this Guaranty, any Notes, the Instrument or any other Credit Document; (e) any bankruptcy, insolvency, r
SECURITY AGREEMENTSecurity Agreement • February 23rd, 2012 • Global Gold Corp • Gold and silver ores • New York
THIS SECURITY AGREEMENT, dated as of February 19, 2012 (as the same may be amended, modified, extended, renewed, replaced, restated or supplemented from time to time, this “Security Agreement”), is made and given by GLOBAL GOLD CONSOLIDATED RESOURCES LIMITED, a private limited company organized under the laws of the Jersey, Channel Islands (the “Company”), and GGCR MINING, LLC, a limited liability company organized under the laws of the State of Delaware (“GGCR Mining” and together with the Company, the “Grantors”), to CONSOLIDATED RESOURCES ARMENIA, an exempt non-resident Cayman Islands company (the “Secured Creditor”).
THOSE PERSONS SET FORTH ON SCHEDULE “A”,Shareholder Agreement • February 23rd, 2012 • Global Gold Corp • Gold and silver ores • New York
Shareholders Agreement dated February 18, 2012 among each of those Persons set forth on Schedule “A” hereto and designated as Shareholders (each a “Shareholder” and, collectively, the “Shareholders”) and Global Gold Consolidated Resources Limited (the “Company”).
Supplemental LetterJoint Venture Agreement • February 23rd, 2012 • Global Gold Corp • Gold and silver ores • New York
Reference is hereby made to the Joint Venture Agreement (the “JV Agreement”), dated as of April 27, 2011, by and between (1) Global Gold Corporation, a Delaware corporation (“GGC”), its wholly owned subsidiary Global Gold Armenia, LLC, a Delaware limited liability company (“GGA”), the latter’s wholly owned subsidiary, Global Gold Mining LLC, a Delaware limited liability company (“GGM”), and the latter’s wholly owned subsidiaries Mego-Gold, LLC (“MG”), and Getik Mining Company, LLC (“GMC”), Armenian limited liability companies, and (2) Consolidated Resources Armenia, an exempt non-resident Cayman Islands company (“CRA”) and its affiliate Consolidated Resources USA, LLC, a Delaware limited liability company (“CRU”). Capitalized terms used herein but not defined herein shall have those meanings ascribed to them in the JV Agreement.
