Document:

form8k012908ex10-17.htm

    
      

      

    

    ASSIGNMENT
      AGREEMENT

    

    THIS
      ASSIGNMENT AGREEMENT (this
“Agreement”) is executed as of January 29, 2008, by and between American
      Goldrush Corp., a Canadian corporation (the “Assignor”), and Patriot Gold Corp.,
      a Nevada corporation (the “Assignee”).

    

    RECITALS

    

    WHEREAS,
      on July 14, 2006, the Assignor
      and Fred B. Brost (the “Consultant”) entered into a Finder’s Fee Agreement for
      the Margarita Gold Property (the “Finder’s Fee Agreement”; capitalized terms
      used herein not otherwise defined shall have the meanings given to such terms
      in
      the Finder’s Fee Agreement); and

    

    WHEREAS,
      the Assignor desires to
      transfer, convey and assign to Assignee all of its rights and obligations as
      set
      forth in the Finder’s Fee Agreement, and Assignee desires to accept such
      transfer, conveyance, and assignment of such rights and obligations of the
      Assignor on the terms and provisions as contained in this
      Agreement.

    

    NOW,
      THEREFORE, in consideration of the
      above premises and the mutual representations, warranties, covenants and
      agreements, hereinafter set forth and for such other good and valuable
      consideration, the receipt and sufficiency of which is hereby acknowledged,
      the
      parties agree as follows:

    

    1.           
      Assignor represents to Assignee that as of the date hereof, there are no
      liabilities, obligations, debts or payments directly or indirectly owed to
      the
      Consultant.

    

    2.           
      The Assignee hereby assumes and agrees to perform all duties and obligations
      of
      the Assignor arising under the Finder’s Fee Agreement from and after the date
      hereof.

    

    3.           
      The parties hereto acknowledge and agree that this Agreement shall not affect
      in
      any way the terms or conditions of the Finder’s Fee Agreement.

    

    4.           
      This Agreement is executed by, acknowledged, and shall be binding upon the
      Assignor and Assignee and their respective successors and assigns.

    

    5.           
      This Agreement shall be subject to the laws and jurisdiction of the State of
      Arizona.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    IN
      WITNESS WHEREOF, each of the
      undersigned has caused this Agreement to be executed by its duly authorized
      officer or representative as of the date first above written.

    

    

    

    
      	
              ASSIGNOR:

            	
              ASSIGNEE:

            
	 	 
	
              AMERICAN
                GOLDRUSH CORP.

            	
              PATRIOT
                GOLD CORP.

            
	 	 
	 	 
	
              By:__/s/_____________

            	
              By:__/s/_____________

            
	
              Name:Andrew
                Gourlay

            	
              Name:Bob
                Coale

            
	
              Title:President
                and CEO

            	
              Title:President
                and CEO

            
	 	 
	 	 
	 	 
	
              AGREED
                AND ACKNOWLEDGED:

            	 
	 	 
	
              FRED
                B. BROST

            	 
	 	 
	 	 
	
              __/s/___________________

            	 
	
              Fred
                B. Brostform8k012908ex10-18.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, Presidentexv10w1

 

EXHIBIT 10.1

AMENDMENT TO EMPLOYMENT AGREEMENT

               AMENDMENT, dated as of January
31, 2008, to the Employment Agreement dated November 6, 1997,
between American Axle & Manufacturing Holdings, Inc., a Delaware corporation (the “Company”), and
Richard E. Dauch (the “Employee”), as amended (the “Agreement”).

               A. The Agreement provides for certain payments pursuant to a “nonqualified
deferred compensation
plan” within the meaning of Section 409A(d)(1) of the Internal Revenue Code of 1986, as amended
(the “Code”); and

                B. The parties wish to amend the Agreement to meet the requirements of
Section 409A(a) of the
Code.

               The Employee and the Company hereby amend the Agreement as follows:

	 	1.	 	A new paragraph 15 shall be added to the Agreement to provide in its entirety
as follows:

     15. Section 409A. (a) This Agreement is intended to
meet the requirements of Section 409A of the Internal
Revenue Code of 1986, as amended (the “Code”), and shall be
interpreted and construed consistent with such intent.

     (b) Notwithstanding any other provision of this
Agreement, to the extent that the right to any payment
(including the provision of benefits) hereunder provides for
the “deferral of compensation” within the meaning of Section
409A(d)(1) of the Code, such payment shall be paid (or
provided) in accordance with the following:

     (i) If the Employee is a “specified employee” within
the meaning of Section 409A(a)(2)(B)(i) of the Code on the
date of the Employee’s “separation from service” within the
meaning of Section 409A(a)(2)(A)(i) of the Code
(the “Separation Date”), then no such payment shall be made
or commence during the period beginning on the Separation
Date and ending on the date that is six months following the
Separation Date or, if earlier, on the date of the
Employee’s death. The amount of any such payment that would
otherwise be paid to the Employee during such period shall
instead be paid to the Employee on the fifteenth day of the
first calendar month following the end thereof.

     (ii) Payments with respect to reimbursements of
expenses shall be made on or before the last day of the
calendar year following the calendar year in which the
relevant expense is incurred. The amount of expenses
eligible for reimbursement during a calendar year may not
affect the expenses eligible for reimbursement in any other
calendar year.

 

 

	 	2.	 	Effective January 1, 2008, Section 3 of Exhibit B shall be amended to read in
its entirety as follows:

     3. Company shall grant to Employee each year during the
term of this Agreement, in accordance with the terms and
conditions that the Compensation Committee of the Company’s
Board of Directors (the “Committee”) shall establish:

     (a) options to purchase 150,000 shares of Company
common stock, the terms of which shall satisfy the
requirements set forth in Section 1.409A-1(b)(5)(i)(A) of
the Treasury Regulations (or any successor provision); and

     (b) the number of restricted shares of Company common
stock, the aggregate value of which shall be equal to the
aggregate value of the options granted under Section 3(a) of
this Exhibit B for such year, in each case, as determined by
the Committee in accordance with the Company’s standard
valuation methodology for annual grants.

	 	3.	 	Except as set forth in this Amendment, the Agreement shall remain in full force
and effect in accordance with its terms.
	 
	 	The parties have executed this Amendment as of the date first set forth above.

	 	 	 	 	 	 	 
	 	 	AMERICAN AXLE & MANUFACTURING HOLDINGS, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By: /s/
	 	 
 

	 	 
	 
	 	 	 	 	 	 
	 

	 	/s/	 	 	 	 
	 	 	 	 	 
	 	 	Richard E. Dauch

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