Exhibit 10.1

WAIVER TO AMENDED AND RESTATED

RESTRUCTURING SUPPORT AGREEMENT

This WAIVER TO AMENDED AND RESTATED RESTRUCTURING SUPPORT AGREEMENT (this
“Agreement”) is made as of September 17, 2015 (the “Waiver Effective Date”), by
and among (a) Allied Nevada Gold Corp., a Delaware corporation (“ANV”), and its
undersigned direct and indirect subsidiaries (together with ANV, the “Debtors”),
(b) the Requisite Consenting Noteholders (as defined in the Amended RSA (as
defined below)), and (c) the Requisite Secured Lenders (as defined in the
Amended RSA). Capitalized terms used but not otherwise defined herein have the
meanings ascribed to such terms in the Amended RSA.

PRELIMINARY STATEMENTS:

WHEREAS, on July 23, 2015, the Debtors entered into that certain Amended and
Restated Restructuring Support Agreement (as amended, supplemented or otherwise
modified from time to time in accordance with the terms thereof, the “Amended
RSA”) with the entities party thereto as “Creditor Parties” thereunder, which
amended and restated in its entirety that certain Restructuring Support
Agreement, dated as of March 10, 2015, pursuant to which the Debtors and such
Creditor Parties agreed to implement a restructuring and reorganization as set
forth in the Modified Plan;

WHEREAS, the Debtors have requested that the Requisite Consenting Noteholders
and the Requisite Secured Lenders grant certain waivers and consents under the
Amended RSA, as set forth herein; and

WHEREAS, the Requisite Consenting Noteholders and the Requisite Secured Lenders
are willing to grant such consents and waivers on the terms, subject to the
conditions and in reliance on the representations and warranties set forth
herein.

NOW, THEREFORE, in consideration of the premises and the mutual covenants and
agreements set forth herein, and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto,
intending to be legally bound, agree as follows:

1. Waiver of Creditor Party Termination Event. Effective as of the Waiver
Effective Date, the Requisite Consenting Noteholders and the Requisite Secured
Lenders grant all waivers and consents that may be necessary or required under
the Amended RSA to waive the Creditor Party Termination Event arising under
Section 5(a)(vi) of the Amended RSA as a result of the Bankruptcy Court granting
relief terminating the automatic stay (as set forth in section 362 of the
Bankruptcy Code) with respect to those assets set forth on Schedule A annexed
hereto.

2. Continued Effect of the Amended RSA. Except as expressly provided herein,
this Agreement shall not, by implication or otherwise, alter, modify, amend or
in any way affect any of the obligations or covenants contained in the Amended
RSA, all of which are ratified and confirmed in all respects by the parties
hereto and shall continue in full force and effect.

 

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3. Effectiveness. This Agreement shall become effective and binding upon the
Debtors and the Creditor Parties on the Waiver Effective Date; provided,
however, that signature pages executed by the Creditor Parties shall be
delivered to (i) other Creditor Parties in a redacted form that removes the
Creditor Parties’ holdings of Claims and Interests, and (ii) the Debtors in an
unredacted form; provided further, however, that the Debtors shall execute and
deliver to the Creditor Parties this Agreement concurrently with the execution
by the Creditor Parties.

With respect to any Creditor Party that becomes or has become a party to the
Amended RSA by executing and delivering a Joinder Agreement after the Waiver
Effective Date, this Agreement shall become effective and binding as to such
Creditor Party at the time such Joinder Agreement is delivered to the Debtors.

4. Entire Agreement. This Agreement, together with the Amended RSA, constitutes
the entire agreement of the parties hereto, and supersedes all other prior
negotiations, with respect to the subject matter hereof. Except as modified by
this Agreement, the Amended RSA shall continue in full force and effect. Each
reference to the Amended RSA hereafter made in any document, agreement,
instrument, notice or communication shall mean and be a reference to the Amended
RSA as modified hereby.

5. Severability. If any provision of this Agreement, or the application of any
such provision to any Person or circumstance, shall be held invalid or
unenforceable in whole or in part, such invalidity or unenforceability shall
attach only to such provision or part thereof and the remaining part of such
provision hereof shall continue in full force and effect.

6. Counterparts. This Agreement may be executed in several counterparts, each of
which shall be deemed to be an original, and all of which together shall be
deemed to be one and the same agreement. Execution copies of this Agreement may
be delivered by facsimile or otherwise, which shall be deemed to be an original
for the purposes of this Section 6.

7. Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO
ANY CONFLICTS OF LAW PROVISIONS WHICH WOULD REQUIRE THE APPLICATION OF THE LAW
OF ANY OTHER JURISDICTION.

[Remainder of Page Intentionally Left Blank]

 

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IN WITNESS WHEREOF, the parties hereto have caused this Waiver to be executed
and delivered by their respective duly authorized officers, solely in their
respective capacity as officers of the undersigned and not in any other
capacity, as of the Waiver Effective Date.

 

Allied Nevada Gold Corp. By:  

/s/ Stephen M. Jones

Name:   Stephen M. Jones Title:   Executive Vice President & CFO Allied Nevada
Gold Holdings LLC By:  

/s/ Stephen M. Jones

Name:   Stephen M. Jones Title:   Chief Financial Officer Allied VGH Inc. By:  

/s/ Stephen M. Jones

Name:   Stephen M. Jones Title:   Chief Financial Officer Allied VNC Inc. By:  

/s/ Stephen M. Jones

Name:   Stephen M. Jones Title:   Chief Financial Officer ANG Central LLC By:  

/s/ Stephen M. Jones

Name:   Stephen M. Jones Title:   Chief Financial Officer

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ANG Cortez LLC By:  

/s/ Stephen M. Jones

Name:   Stephen M. Jones Title:   Chief Financial Officer ANG Eureka LLC By:  

/s/ Stephen M. Jones

Name:   Stephen M. Jones Title:   Chief Financial Officer ANG North LLC By:  

/s/ Stephen M. Jones

Name:   Stephen M. Jones Title:   Chief Financial Officer ANG Northeast LLC By:
 

/s/ Stephen M. Jones

Name:   Stephen M. Jones Title:   Chief Financial Officer ANG Pony LLC By:  

/s/ Stephen M. Jones

Name:   Stephen M. Jones Title:   Chief Financial Officer

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Hasbrouck Production Company LLC By:  

/s/ Stephen M. Jones

Name:   Stephen M. Jones Title:   Chief Financial Officer Hycroft Resources &
Development, Inc. By:  

/s/ Stephen M. Jones

Name:   Stephen M. Jones Title:   Chief Financial Officer Victory Exploration
Inc. By:  

/s/ Stephen M. Jones

Name:   Stephen M. Jones Title:   Chief Financial Officer Victory Gold Inc. By:
 

/s/ Stephen M. Jones

Name:   Stephen M. Jones Title:   Chief Financial Officer

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CONSENTING NOTEHOLDER

By:

 

 

Name:

 

 

Title:

 

 

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SECURED LENDER

By:

 

 

Name:

 

 

Title:

 

 

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Schedule A

 

Lessor    Equipment Description CIT Financial LLC      Komatsu 930E-4 Haul Truck
– Serial # A31599 CIT Financial LLC      Komatsu 930E-4 Haul Truck – Serial #
A31604 Capital One Equipment Finance Corp. f/k/a All Points Capital Corp.   
Hitachi EX5500-S6 Hydraulic Mining Shovel/Excavator, Serial No.
HCM18N00J00001052