MINING LEASE AND OPTION TO PURCHASE AGREEMENTMining Lease and Option to Purchase Agreement • August 18th, 2011 • Palmdale Executive Homes, Corp. • Blank checks • California
THIS MINING LEASE AND OPTION TO PURCHASE AGREEMENT ("Agreement") effective as of August 11, 2011 ("Effective Date"), is by and between Ellers Family Revocable Trust of March 24, 2000 ("Owners"), as lessors and optionors, of PO Box 927, Nevada City, California, 95959 and Palmdale Executive Homes Corp., a Nevada corporation, (“Palmdale”) authorized to transact business in the State of California, as lessee and optionee, with an office located at 6767 W. Tropicana Ave., Suite 207, Las Vegas, NV, 89103.
FINDER’S FEE AGREEMENT’s Fee Agreement • August 18th, 2011 • Palmdale Executive Homes, Corp. • Blank checks • Nevada
WHEREAS the Company has agreed, in consideration for the Finder’s services in connection with the referral and introduction of certain persons to the Company, to pay the Finder a fee (the “Fee”) with respect to a contemplated lease with an option to purchase of a certain mining property located in the state of California known as the Providence Mine property and associated unpatented mining claims (the “Property”) equal to 11,000 shares of restricted common stock of the Company.
