form8k012908ex10-18.htm


    
      

      

    


    FINDER’S
      FEE AGREEMENT FOR THE MARGARITA GOLD PROPERTY

     

    THIS
      AGREEMENT is made this 14th day of July, 2006 by and between Fred B. Brost
      (‘Consultant’) and American Goldrush Corp. (‘Client’).

     

    The
      following represents our agreement, in consideration of each other's promises
      or
      acts with respect to this Finder's Fee Agreement. Consultant has introduced
      Client to Mr. James Sorrell (‘Owner’), owner of the Margarita (or Oro) Property
      near Ruby in Santa Cruz County, Arizona (the ‘Property’) in return for Client's
      agreement to pay Consultant compensation for these introductory services if
      the
      Client and the Owner execute a Property Option Agreement.  Therefore,
      the parties herein agree as follows:

     

    1.
Initial
      Payment.

     

    Should
      Client purchase, lease, option or otherwise acquire an interest in the Property
      through payment of money, shares, options or anything of value, then Client
      agrees to pay Consultant ten  percent (10%) of the property option
      payment (or value).  Compensation to Consultant shall be based upon
      the gross amount of the property option payment paid, prior to any deductions,
      expenses or offsets of any kind in relation to property option payments payable
      to the Owner. Payment to the Consultant will be made by check or money order
      payable to the order of Consultant upon Client's payment to Owner or his
      designated recipient (collectively called Owner herein).  No amounts
      shall be payable to the Consultant under this agreement in relation to property
      exploration expenditures incurred by the Client on the Margarita
      Property.

     

    2.
Other
      Payments.

     

    Should
      Client make subsequent property option payments, Client will pay Consultant
      a
      fee of ten percent (10%) of any such additional funds (or value) later paid
      to
      Owner pursuant to property option payments.  This fee will be paid to
      Consultant upon payment to Owner.   These provisions for
      compensation shall last for a period of three (3) years from the date of the
      initial payment to Owner and shall terminate upon the third anniversary of
      the
      date of the initial payment to the Owner.

     

    3.
Limitation
      of
      Service.

     

    This
      Agreement relates solely to Consultant's services as a finder in introducing
      Client to Owner.  There are no additional services that Consultant is
      required to perform to be entitled to the above compensation.

     

    CONSULTANT
      REPRESENTS THAT IT IS NOT A LICENSED SECURITIES DEALER, AND THAT THIS AGREEMENT
      IS NOT INTENDED FOR T14E PURPOSE OF BUYING, SELLING OR TRADING
      SECURITIES.

     


    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    


    4.
Miscellaneous.

     

    This
      Agreement shall be binding upon all parties and their respective estates, heirs,
      successors and permitted assigns. This Agreement may be changed only by the
      written consent of all parties. This Agreement may not be assigned by either
      party without the written consent of the other. This Agreement is the entire
      agreement between us. Should any legal proceeding be necessary to construe
      or
      enforce the provisions or this Agreement, then the prevailing party in such
      legal action shall be entitled to recover all court costs, reasonable attorney
      fees and costs of enforcing or collecting any judgment awarded. The judgment
      by
      any court of law that a particular section of this Agreement is illegal shall
      not affect the validity of the remaining provisions.

     

    It
      is our
      intention that the laws of the State of Arizona shall govern the validity of
      this Agreement. Your signature below shall bind you to the terms and conditions
      of this Agreement.

     

    IN
      WITNESS WHEREOF the Parties
      hereto have duly executed this Agreement effective as of the 14th day of July,
      2006

    


    Fred
      Brost

    


    


    Per:___/s/________________________

    Fred
      Brost

    


    American
      Goldrush Corp.

    


    


    Per:___/s/________________________

    Andrew
      Gourlay, President