Option Consideration Agreement Sample Contracts

OPTION CONSIDERATION AGREEMENT

Option Consideration Agreement • February 10th, 2010 • Gryphon Gold Corp • Gold and silver ores • Nevada

• Contract Type
  Option Consideration Agreement
• Filed
  February 10th, 2010
• Company
  Gryphon Gold Corp
• Industry
  Gold and silver ores
• Jurisdiction
  Nevada

This Option Consideration Agreement (the “Agreement”), by and among Gryphon Gold Corporation, a Nevada corporation (the “Company”) and Gerald Baughman, an individual, and Fabiola Baughman, an individual, and together with Gerald Baughman, husband and wife (jointly, the “Debtholders”), is entered into effective as of February 5, 2010 (the “Effective Date”).