Document:

AGREEMENT 

 

This agreement (the
“Agreement”) is made and entered into by and between American Strategic Minerals Corporation (“Amicor”)
and California Gold Corp. (“California Gold”), effective as of March 19, 2012 (the “Effective Date”).

 

WHEREAS, Amicor owns
interests in each of the mining properties described on Exhibit A attached hereto (the “Amicor Properties”); and

 

WHEREAS, California
Gold is in the business of gold exploration and desires to obtain information concerning possible gold and geological formations
indicating possible gold resources on the Amicor Properties and to obtain from Amicor a geological
review of the Amicor Properties pursuant to which California Gold may determine and identify the approximate locations and scope
of geologic formations that could contain potential gold deposits, if any (the “Report”);

 

NOW, THEREFORE, in
consideration of the mutual promises contained herein, and for good and valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, Amicor and California Gold hereto agree as follows:

 

1.          Delivery
and Purchase Price. Upon the terms and subject to the satisfaction or waiver of the conditions set forth herein, Amicor agrees
to deliver a Report to California Gold on or prior to March 30, 2012. In consideration for delivery of the Report, California Gold
agrees to pay $125,000 (the “Purchase Price”), which payment may, at the election of California Gold, be paid in cash
or in unregistered shares of California Gold Corp. common stock, par value $0.001 per share (the “Common Stock”), issued
by California Gold in compliance with applicable Federal and state securities laws in the name of Amicor (the “Shares”),
on or prior to March 30, 2012. In the event that California Gold elects to deliver the Common Stock, it shall deliver such number
of shares of Common Stock that shall be equal to the number which results from dividing the Purchase Price by the Common Stock
Value, as defined herein. For purposes hereof, the Common Stock Value shall mean: (i) the closing price of a share of the Common
Stock as quoted on the Over the Counter Bulletin Board on March 19, 2012, provided that such Common Stock shall be issued to the
Company with an issuance date prior to March 30, 2012.

 

2.          Representations
and Warranties of California Gold.  California Gold hereby represents and warrants to Amicor the following:

 

 (a)          California
Gold is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization with full
power and authority to own, lease, license and use its properties and assets and to carry out the business in which it proposes
to engage.

 

(b)           California
Gold has the requisite corporate power and authority to execute, deliver and perform its obligations under this Agreement and to
issue the Shares. All necessary proceedings of California Gold have been duly taken to authorize the execution, delivery, and performance
of the transactions contemplated by the Agreement.  The Agreement has been duly authorized by California Gold and, when
executed and delivered by California Gold, will constitute the legal, valid and binding obligation of California Gold enforceable
against California Gold in accordance with its terms, except as such enforceability may be limited by general principles of equity
or to applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting
generally, the enforcement of applicable creditors' rights and remedies.

 

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(c)           The
Shares, when issued, transferred and delivered in accordance with the terms of this Agreement, shall be duly and validly issued
and will be free of restrictions on transfer directly or indirectly created by California Gold other than restrictions on transfer
under this Agreement and under applicable federal and state securities laws.

 

(d)           
No consent, approval, order or authorization of, or registration, qualification, designation, declaration or filing with, any federal,
state or local governmental authority on the part of California Gold is required in connection with the offer, sale or issuance
of the Shares, except for the following: (i) the filing of such notices as may be required under the Securities Act of 1933, as
amended (the “Securities Act”), and (ii) the compliance with any applicable state securities laws, which compliance
will have occurred within the appropriate time periods therefor.

 

3.           Representations
and Warranties of Amicor.  Amicor represents and warrants to California Gold the following:

 

(a)           Amicor
recognizes that investment in the Shares involves a high degree of risk including, but not limited to, the following: (i) California
Gold has a history of losses, a limited operating history and requires substantial funds, (ii) an investment in California Gold
is highly speculative, and only investors who can afford the loss of their entire investment should consider investing in California
Gold, (iii) Amicor may not be able to liquidate its investment, (iv) transferability of the Shares is extremely limited, (v) in
the event of a disposition, Amicor could sustain the loss of its entire investment and (vi) California Gold has not paid any cash
dividends since its inception and does not anticipate paying any cash dividends in the foreseeable future.

 

(b)           Amicor
is an “Accredited Investor” as such term is defined in Rule 501(a) promulgated under the Securities Act.

 

(c)           The
Agreement has been duly executed and delivered by Amicor and constitutes the legal, valid and binding obligation of Amicor, enforceable
against Amicor in accordance with its terms except as such enforceability may be limited by general principles of equity or to
applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally,
the enforcement of applicable creditors' rights and remedies.

  

(d)           Amicor
understands the various risks of an investment in California Gold as proposed herein and can afford to bear such risks, including,
without limitation, the risks of losing the entire investment.

 

(e)           Amicor
acknowledges that Amicor has been informed by California Gold of, or is otherwise familiar with, the nature of the limitations
imposed by the Securities Act, and the rules and regulations thereunder on the transfer of the Shares. In particular, Amicor agrees
that no sale, assignment or transfer of any of the Shares acquired by Amicor shall be valid or effective, and California Gold shall
not be required to give any effect to such a sale, assignment or transfer, unless (a) the sale, assignment or transfer of such
Shares is registered under the Securities Act, it being understood that the Shares are not currently registered for sale and that
California Gold has no obligation to so register the Shares; or (b) the Shares are sold, assigned or transferred in accordance
with all the requirements and limitations of an exemption from registration under the Securities Act. Amicor further understands
that an opinion of counsel satisfactory to California Gold and other documents may be required to transfer the Shares.

 

(f)           Amicor
acknowledges that the Shares to be acquired will be subject to a stop transfer order and any certificate or certificates evidencing
any Shares shall bear the following or a substantially similar legend and such other legends as may be required by state blue sky
laws:

 
 

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“THE
SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”), OR ANY STATE SECURITIES LAWS.  SUCH SECURITIES MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED
OR OTHERWISE TRANSFERRED IN THE ABSENCE OF A REGISTRATION STATEMENT IN EFFECT WITH RESPECT TO SUCH SECURITIES UNDER THE SECURITIES
ACT OR AN AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT.  ANY SUCH TRANSFER MAY ALSO BE
SUBJECT TO COMPLIANCE WITH APPLICABLE STATE SECURITIES LAWS.”

 

(g)           Amicor
will acquire the Shares for Amicor’s own account for investment and not with a view to the sale or distribution thereof or
the granting of any participation therein in violation of the securities laws, and has no present intention of distributing or
selling to others any of such interest or granting any participation therein in violation of the securities laws.

 

4.        
   Modification.  This Agreement shall not be modified or waived except by an instrument in writing
signed by the party against whom any such modification or waiver is sought.

 

5.          Notices.  Any
notice or other communication required or permitted to be given hereunder shall be in writing and shall be mailed by certified
mail, return receipt requested, or delivered against receipt to the party to whom it is to be given at the addresses set forth
below:

 

Amicor:

 

American Strategic Minerals
Corporation

31161
Hwy. 90

Nucla,
Colorado 81424

Attention:
George Glasier

Email:

Fax:

 

California
Gold:

 

California
Gold Corp.

4515
Ocean View Blvd.

Suite
305

La Canada, CA 91099

Attn:
James Davidson

Email:

Fax:

 

Any
notice or other communication given by certified mail shall be deemed given at the time of certification thereof, except for a
notice changing a party’s address which shall be deemed given at the time of receipt thereof.

 

6.          Assignability.  This
Agreement and the rights, interests and obligations hereunder are not transferable or assignable by Amicor or California Gold and
the transfer or assignment of the Shares shall be made only in accordance with all applicable laws.

 

7.          Applicable
Law.  This Agreement shall be governed by and construed in accordance with the laws of the State of New York, without
reference to the principles thereof relating to the conflict of laws.

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8.          Miscellaneous.

 

(a)           This
Agreement constitutes the entire agreement between Amicor and California Gold with respect to the subject matter hereof and supersede
all prior oral or written agreements and understandings, if any, relating to the subject matter hereof.  The terms and
provisions of this Agreement may be waived, or consent for the departure therefrom granted, only by a written document executed
by the party entitled to the benefits of such terms or provisions.

 

(b)           The
representations and warranties of California Gold and Amicor made in this Agreement shall survive the execution and delivery hereof
and delivery of the Shares.

 

(c)           This
Agreement may be executed in one or more original or facsimile counterparts, each of which shall be deemed an original, but all
of which shall together constitute one and the same instrument.

 

(d)           Each
provision of this Agreement shall be considered separable and, if for any reason any provision or provisions hereof are determined
to be invalid or contrary to applicable law, such invalidity or illegality shall not impair the operation of or affect the remaining
portions of this Agreement.

 

(e)           Paragraph
titles are for descriptive purposes only and shall not control or alter the meaning of this Agreement as set forth in the text.

  

[REMAINDER OF PAGE INTENTIONALLY BLANK]

 

IN WITNESS WHEREOF, the parties have hereunto set their hands
effective as of the date set forth above.

 

	California Gold Corp.	 	American Strategic Minerals Corporation
	 	 	 	 	 
	By:	/s/ James Davidson	 	By:	/s/ George Glasier

	 	 	 	 	 
	Name:	James Davidson	 	Name: George Glasier
	Title:	President	 	Title: President and Chief Executive Officer

 

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Exhibit A

Mining Properties 

 

Bull Canyon

 

The Bull Canyon
Property consists of a Mining Lease of two unpatented mining claims in Montrose County, Colorado.  The Mining Lease gives
Amicor the exclusive right to conduct mineral exploration and development activities on the Property, subject to regulation by
the BLM.  The lease commenced on November 2, 2011 and is for a term of 20 years.   The Bull Canyon Property
is located along the rim of Bull Canyon in western Montrose County, Colorado within the Uravan Mineral Belt.  

 

Martin Mesa

 

The Martin Mesa
Property consists of a Mining Lease covering 51 unpatented mining claims on BLM land in Montrose County, Colorado.  The
Mining Lease gives Amicor the exclusive right to conduct mineral exploration and development activities on the Property, subject
to regulation by the BLM.  The lease commenced on November 2, 2011 and is for a term of 20 years.   Martin
Mesa is located on the northern flank of the Paradox Valley anticline, in Montrose County, Colorado in the heart of the Uravan
Mineral Belt.  

 

    	5Exhibit 10.1

 

CONSULTING AGREEMENT

 

This Consulting Agreement is made as of April 10, 2013 by and
among W. Swope Montgomery, Jr. (“Montgomery”), BNC Bancorp, a North Carolina Corporation (“BNC”) and Bank
of North Carolina, a North Carolina banking corporation (the “Bank”); collectively, BNC and the Bank are referred to
herein as the “Company”.

 

BACKGROUND STATEMENT

 

Montgomery has faithfully and diligently served the Bank since
1991 and BNC since 2002 in the positions of President and Chief Executive Officer. He has devoted his time and energy to the business
and promotion of the Company and during his tenure the Company succeeded in growing dramatically both geographically and in asset
size. The Board of Directors of the Company recognizes and appreciates Montgomery’s remarkable leadership and immeasurable
commitment over his 22 years of service to the Company. Under the terms of Montgomery’s Amended and Restated Employment Agreement
dated as of December 18, 2007, Montgomery’s employment with the Company is automaticity terminated, as is his service as
a director of the Company and the Bank, when he attains the age of 65, which will occur on June 11, 2013. The Board of Directors
desires to retain Montgomery as an independent consultant and for him to continue to provide advice and assistance to the Company
and the Board on the terms and conditions set forth in this Consulting Agreement. Accordingly, Montgomery and the Company in consideration
of the mutual covenants and premises contained herein agree to be bound by the terms and conditions of this Consulting Agreement.

 

AGREEMENT

 

1.Retirement Date. Montgomery and the Company agree
that Montgomery shall retire as the President and Chief Executive Officer of BNC and the Chief Executive Officer of the Bank on
June 11, 2013 (the “Retirement Date”). Effective as of the Retirement Date, Montgomery shall resign from all other
positions he holds as an officer or employee of any and all of the subsidiaries of the Company.

 

2.Consulting Services. Montgomery agrees that after
the Retirement Date, other than in the event of his death or disability, he will provide consulting services as reasonably requested
by the Company, including without limitation: (i) upon the Company’s request, meeting with and being involved with customers
and clients where the Company believes that Montgomery’s personal knowledge, attendance and participation could be beneficial
to the Company, and (ii) representing the Company at industry functions and/or with industry trade groups. The Company shall provide
Montgomery reasonable advance notice when requesting his services or assistance. Unless specifically requested by the CEO, Montgomery
shall not initiate any discussions with other financial institutions concerning any type of transaction. Montgomery shall provide
services under this Consulting Agreement for no more than ten business days per month.

 

    	 

    	Exhibit 10.1

    

 

3.Term. The term of this Consulting Agreement shall
be from the Retirement Date until June 11, 2015 (the “Term”), unless sooner terminated as provided herein. The Company
shall have the right to terminate this Consulting Agreement in the event that Montgomery becomes employed by, performs services
for, consults for or advises in any manner, serves as a director, officer, employee, or agent for any other financial institution,
and after such termination, the Company shall have no further obligation to pay consulting fees or post retirement benefits to
Montgomery.

 

4.Fees. During the Term, Montgomery will receive
fees of $200,000 annually, to be paid in monthly installments. In addition, during the Term, the Company shall provide Montgomery
with administrative services reasonable and appropriate to the services Montgomery is providing, as determined by the Company in
its discretion. The Company will reimburse Montgomery for his actual out-of-pocket expenses reasonably and appropriately incurred
by him in connection with services provided to the Company under this Consulting Agreement at an amount not to exceed $6,000 annually.
In addition, Montgomery may attend, and be reimbursed for his actual out-of-pocket expenses, reasonably and appropriately incurred
by him in connection with, two banking industry specific events per year, and such additional conferences or events as may be requested
by the Company.

 

5.Post-Retirement Benefits. The Company agrees (i)
to give Montgomery title to the 2012 Mercedes he is currently using and a car expense allowance of $500 per month; (2) to pay for
cell phone usage of $125 per month; (3) to pay the monthly country club dues at Sedgefield Country Club, located in Greensboro,
North Carolina; and (4) to pay for a Medicare Advantage program of Montgomery’s choice or, if Montgomery enrolls in Medicare
Parts A and B, to pay the amounts due under the Medicare program as well as pay for supplemental coverage.

 

6.Board Service. The Boards of Directors of BNC and
the Bank will waive the requirement in Montgomery’s Employment Agreement that he retire from the BNC and the Bank Boards
when his employment terminates so that he will continue to serve until his term expires in 2015. The Boards of Directors of BNC
and the Bank agree to appoint Mr. Montgomery as the Vice Chair of both Boards upon his retirement as an executive of BNC and the
Bank.

 

7.Nondisclosure. During the Term of this Consulting
Agreement and at all times thereafter, except in connection with the performance of Montgomery’s services rendered hereunder,
Montgomery shall not reveal to any person, firm, corporation, or other business organization any Confidential Information of any
nature concerning BNC or the Bank or its subsidiaries, their businesses or anything connected therewith. The term “Confidential
Information” means all of BNC’s, the Bank’s and any subsidiaries’ confidential and proprietary information
and trade secrets at any time during the term of this Consulting Agreement, including, but not limited to: (i) business plans,
financial information, purchasing data, supplier data, accounting data, or other financial information; (ii) any research and development
information, design procedures, processes, or other technical information; (iii) any marketing or sales information, sales records,
customer or client lists, prices, sales projections, or any other sales/marketing information; and (iv) trade secrets, as defined
from time to time by the laws of the State of North Carolina.

 

    	 

    	Exhibit 10.1

    

 

Notwithstanding the foregoing, Confidential
Information does not include information that as of the date of hereof or at any time after the date hereof, is published or disseminated
without obligation of confidence or that becomes a part of the public domain by or through action of BNC, the Bank or its subsidiaries
and otherwise than by or at the direction of Montgomery. This Section 8. does not prohibit disclosure required by order of a court
having jurisdiction or a subpoena from an appropriate governmental agency.

 

Montgomery agrees to deliver or return to
BNC or the Bank, and not to retain copies of, all written confidential information, furnished by the BNC or the Bank or prepared
by Montgomery in connection with his services under this Consulting Agreement.

 

8.Independent Contractor. Montgomery agrees that
he is performing services as an independent contractor and not as an employee of the Company. Montgomery shall be responsible for
the payment of all applicable taxes levied or based upon consulting fees paid hereunder and for all non-reimbursable expenses attributable
to the rendering of services under this Consulting Agreement. Nothing in this Consulting Agreement shall be deemed to constitute
a partnership or joint venture between Montgomery and the Company and nothing herein shall be deemed to constitute Montgomery or
the Company as agents of the other. During the Term, neither Montgomery nor the Company shall be liable as a result of, or bound
by, any representation, act, or omission whatsoever of the other.

 

9.No Change in Control. Nothing in this Consulting
Agreement triggers, or is intended to trigger, any change in control provisions in Montgomery’s Amended and Restated Employment
Agreement or Salary Continuation Agreement, as amended, the Endorsement Split Dollar Agreement or any other agreement between Montgomery
and the Company. Montgomery specifically acknowledges and agrees that his execution of this Consulting Agreement does not entitle
him to any change in control provisions contained in any of his agreements with the Company.

 

10.Successors and Assigns. Montgomery shall not assign,
transfer or subcontract this Consulting Agreement or any of its obligations without the express written consent of the BNC and
the Bank. BNC and the Bank shall not assign this Consulting Agreement other than in connection with a corporate transaction (e.g.,
merger, consolidation or sale of substantially all of BNC’s and the Bank’s assets) pursuant to which the assignee specifically
agrees to assume BNC’s and the Bank’s liabilities, duties and obligations hereunder.

 

    	 

    	Exhibit 10.1

    

 

11.Governing Law. This Consulting Agreement shall
be construed under and governed by the laws of the State of North Carolina without regard to its conflict of laws rues.

 

12.Entire Agreement. This Consulting Agreement sets
forth the entire agreement of the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous
proposals, discussions, and communications whether oral or in writing with respect to the subject matter hereof. No change to or
modification of this Consulting Agreement shall be valid unless it is signed by all of the parties hereto.

 

13.No Waiver. No waiver of any breach of any term
or provision of this Consulting Agreement shall be construed to be, nor shall be, a waiver of any other breach of this Consulting
Agreement. No waiver shall be binding unless in writing and signed by the party waiving the breach.

 

14.Severability. It is the desire and intent of the
parties that the provisions of this Consulting Agreement shall be enforced to the fullest extent permissible under the laws and
public policy of North Carolina. In the event that any one or more of the provisions or parts thereof of this Consulting Agreement
shall be held to be invalid, illegal or unenforceable, the validity, legality, and enforceability of the remainder of this Consulting
Agreement shall not in any way be affected or impaired thereby and the remainder of this Consulting Agreement shall continue in
full force and effect.

 

15.Notices. Any notices required to be given under
this Consulting Agreement shall be in writing and shall be deemed to have been duly given when received if personally delivered,
or if not personally delivered, shall be deemed to have been duly given: (i) the day transmitted if transmitted by telecopy, electronic
or digital transmission method with electronic confirmation receipt; (ii) the day after being sent, if sent for next day delivery
by a recognized overnight delivery service; and (iii) on the third day after it is sent, if sent by certified or registered mail,
return receipt requested. Notices shall be sent to the addresses below the signature lines of

this Consulting Agreement.

 

16.Acknowledgment by Montgomery. By signing below,
Montgomery acknowledges that he has personally read this Consulting Agreement and that he has reviewed, or has had the opportunity
to review, this Consulting Agreement with legal counsel of his own choosing. Montgomery further acknowledges that he has been provided
a full and ample opportunity to study this Consulting Agreement, and that it fully and accurately reflects the content of any and
all understandings and agreements of the parties concerning the matters referenced herein.

 

    	 

    	Exhibit 10.1

    

 

IN WITNESS WHEREOF, Montgomery and each of BNC and the Bank,
by a duly authorized officer, have executed this consulting Agreement as of the date first written above.

  

 

	 	BNC Bancorp
	/s/ W.  Swope Montgomery, Jr.	 
	W. Swope Montgomery, Jr.	 
	 	By: /s/ Richard D. Callicutt II
	Address:	Richard D. Callicutt II, Chief Operating Officer
	 	 
	 	 
	 	Bank of North Carolina
	 	 
	 	 
	 	By: /s/Richard D. Callicutt
	 	Richard D. Callicutt, President
	 	 
	 	 
	 	Address:
	 	3980 Premier Drive
	 	High Point, NC 27265

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