Document:

Exhibit 10.5

AMENDED AND RESTATED
AGREEMENT

THIS
AMENDED AND RESTATED AGREEMENT made effective as of the 9th day of May, 2006 between
DAVE MATHEWSON, an individual residing at 1265 Mesa Drive, Fernley, Nevada 89408
(“Mathewson”), and GOLD RUN INC., a Delaware corporation having offices
at 330 Bay Street, Suite 820, Toronto, Ontario, Canada M5H 2S8 (Gold Run”).

WHEREAS,
Mathewson and Gold Run (the “Parties”) desire to amend and restate certain terms
and conditions of a certain agreement previously entered into effective May 9, 2006; and

WHEREAS,
the parties are this day executing an employment agreement made effective as of August 1,
2006.

NOW
THEREFORE, in consideration of One ($1.00) dollar paid, the mutual covenants herein,
and other good and valuable consideration, the Parties agree as follows:

(1)
Mathewson Equity Interest; Subscription; Adjustment of Number of Shares;
Acquisition Shares.

(a)
Mathewson is hereby subscribing for, and Gold Run is selling to Mathewson, 7,500,000
common shares of the capital stock of Gold Run (“Shares”), at a purchase price
of $0.0001 per Share, subject to the terms and conditions set forth herein.

	

(b) Gold
Run agrees that upon fulfillment of its Funding Obligation, as hereinafter set forth at
Section 2, Mathewson will own that number of Shares which represents 15% of the then
outstanding number of Shares of Gold Run, subject to adjustment as may be required
pursuant to Section 1(c).

(i) In the
event that said 7,500,000 Shares represents more than 15% of the then outstanding
Shares of Gold Run at the time of fulfillment of its Funding Obligation, Shares owned by
Mathewson will be deemed automatically cancelled in an amount such that Mathewson will own
a number of Shares equal to 15% of the then outstanding number of Shares.

(ii) In the
event that said 7,500,000 Shares represents less than 15% of the then outstanding
Shares of Gold Run at the date of its fulfillment of the Funding Obligation, Mathewson
shall have the non-assignable option to purchase from Gold Run, at a price of $0.0001 per
Share, for a period of thirty (30) days from such date, that number of Shares such that,
after such purchase, Mathewson will then own 15% of the then outstanding number of Shares
of Gold Run.

(c)
Notwithstanding anything herein to the contrary, any and all Shares which Gold Run issues
and Shares which Gold Run is obligated to issue, in connection with the acquisition of
either (i) mineral interests, or (ii) entities which own rights to mineral interests
(“Acquisition Shares”) will be excluded from the number of the Shares of
Gold Run outstanding at the time of fulfillment of the Funding Obligation for purposes of
calculating the number of Shares Mathewson is entitled to own, pursuant to Section 1(b).
Mathewson acknowledges that in the event that Gold Run issues Acquisition Shares, this
will result in Mathewson being entitled to

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own a
number of Shares which equals less than 15% of the number of outstanding Shares at
the time Gold Run has fulfilled its Funding Obligation.

(2)
Gold Run Funding Obligation.

(a) Gold
Run will be responsible for providing funding to support (i) Exploration Costs, as defined
herein, in a minimum amount of $6 million in accordance with the provisions of Section
2(c), and (ii) all other activities of Gold Run, including without limitation,
administrative functions, and legal, accounting, and travel fees and costs (the
“Funding Obligation”).

(b) The Funding
Obligation will be deemed to be satisfied upon the earlier of the following to occur:

(i) the date
upon which the cumulative sum of $6,000,000 is expended on Exploration Costs as such term is defined
hereafter; and

(ii) the date
upon which funds in an amount which is the sum of $6,000,000 minus the amount of Exploration Costs
already expended is set aside and reserved to pay for Exploration Costs, provided that the Company has
also set aside and reserved additional funds to pay for general and administrative expenses of the Company in
an amount equal to 50% of the amount of such funds set aside and reserved to pay for Exploration Costs.

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(c) Funds for
Exploration costs will be provided in accordance with the following schedule:

	August 11, 2006	 	 	$	300,000	 
	September 30, 2006	 	 	$	300,000	 
	March 31, 2007	 	 	$	1,400,000	 
	July 31, 2007	 	 	$	1,000,000	 
	January 31, 2008	 	 	$	1,000,000	 
	July 31, 2008	 	 	$	1,000,000	 
	January 31, 2009	 	 	$	500,000	 
	April 30, 2009	 	 	$	500,000	 
	 	
	 
	TOTAL:	 	 	$	6,000,000	 
	 	
	 

(d)
Option to Accelerate Funding. Gold Run shall have the option, exercisable at any time and from
time-to-time, to provide funds for exploration activities before they are required in accordance with Section
2(c). Gold Run’s exercise of this option will in no way affect, alter or change the terms of its Funding
Obligation, or affect, alter or modify other rights, obligations, conditions or provisions of this
agreement.

(e)
Revised Funding Obligation. Gold Run intends to arrange to have its Shares publicly traded in the
United States on or before January 31, 2007. If for any reason whatsoever the Securities and Exchange
Commission shall not have declared effective a registration statement covering the sale of Shares on or before
January 31, 2007, the Funding Obligation set forth in Section 2(c) shall be revised as follows:

	August 11, 2006	 	 	$	300,000	 
	September 30, 2006	 	 	$	300,000	 
	March 31, 2007	 	 	$	500,000	 
	July 31, 2007	 	 	$	1,900,000	 
	January 31, 2008	 	 	$	1,000,000	 
	July 31, 2008	 	 	$	1,000,000	 
	January 31, 2009	 	 	$	500,000	 
	April 30, 2009	 	 	$	500,000	 
	 	
	 
	TOTAL:	 	 	$	6,000,000	 
	 	
	 

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(f) Gold
Run’s Default; Cure; Transfer of Property to Mathewson. In the event that Gold
Run defaults by failing to provide funding in accordance with the provisions of this
Section 2, and does not cure such default within thirty (30) days after receipt of a
written notice from Mathewson detailing such default, any and all leases or other
agreements granting rights to Gold Run and to properties which have been generated by
Mathewson (including CVN, HC, RC and any claims to which Mathewson is entitled to a NSR
royalty pursuant to this Agreement), will be immediately cancelled and be of no further
force or effect, and Gold Run shall have no interest in and to all such properties.

(g)
Exploration Costs. Without limitation, Exploration Costs include costs of staking,
mapping, chip sampling, geochemical sampling, assay costs, consultant fees, and expenses,
drilling costs and related exploration activities, and a pro-rata share of salaries of
geologists and other professionals related to programs. Specifically excluded from the
definition of Exploration Costs are lease payments, governmental fees, costs of
reclamation bonds, insurance, corporate overhead, legal and accounting fees and costs, and
regulatory fees. Gold Run will pay all claim holding costs forty-five (45) days prior to
the respective annual August 31 due dates. Gold Run will pay, thirty (30) days prior to
the respective due dates, all required lease payments respecting properties in which Gold
Run has an interest and from which properties Mathewson is entitled to receive a
production royalty as provided for herein.

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(3)
Restrictions on Resale.

(a) The
Shares are restricted as to sale, assignment, transfer or hypothecation until November 8,
2007. Thereafter, Mathewson shall have the right to sell in accordance with Securities
laws, rules and regulations an amount of Shares equal to five (5%) percent of his
shareholdings every six (6) months until May 9, 2009, at which time all Shares owned by
Mathewson may be freely dealt with subject to applicable securities laws, rules and
regulations. The certificates represent* the Shares will bear a customary restrictive
legend, and also reference applicable provisions of this Agreement.

(b) Notwithstanding
anything herein to the contrary set forth in the provisions of this Section 3, Mathewson
shall have the right to sell, assign and transfer Shares, at his cost of $0.0001 per
share, to persons who become employees of Gold Run, subject to the approval of the Board
of Directors, in an amount and on such terms and conditions as the Board of Directors deem
appropriate, in its sole discretion.

(c) In the
event that Mathewson shall terminate his employment on or before July 31, 2009,
Mathewson’s right to sell any Shares pursuant to Section 3(a) shall immediately lapse
and be extinguished as of the date of such termination. In the event of such termination,
and commencing upon the date of termination, the Shares will restricted as to sale
assignment, transfer hypothetication until a date which is eighteen (18) months from the
date of such termination. Thereafter, these Shares may be freely dealt with in accordance
with applicable securities laws, rules and regulations.

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(4)
The Parties agree to execute such further documents, deeds, and instruments as
may be necessary or advisable to effectuate provisions in this agreement.

(5)
Mathewson acknowledges and understands that Gold Run has relied, and is, relying
upon the representations and statements contained in that certain letter dated
September 27, 2006 sent by Mathewson to Gold Run in entering into this
Agreement. This Agreement supersedes that certain other agreement between the
parties made effective May 9, 2006. This Agreement can only be modified in
writing which is signed by both Parties.

(6)
Mathewson makes the following representations and warranties, and acknowledges
Gold Run’s reliance upon them: (a) Mathewson has the authority to enter
into this Agreement; (b) Agreement does not conflict with any other agreement to
which Mathewson is a party or to which he may be bound; (c) Mathewson has read
and understands this Agreement; and (d) Mathewson has had the opportunity to
consult with legal counsel of his choosing before signing this Agreement.

(7)
Any dispute hereunder will be decided in accordance with the laws of New York
for contracts executed and to be performed in New York and the parties hereby
submit to the exclusive jurisdiction of the state and federal courts sitting in
the City of New York having jurisdiction for resolution of all such matters.

IN
WITNESS WHEREOF, the parties hereto have executed this Agreement on November 20, 2006.

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	 	GOLD RUN INC.

	 	By: 	/s/ Richard D. Brown	 
	 	Richard D. Brown, Director	 
	/s/ Sondra Mathewson	/s/ Dave Mathewson	 
	 	Dave Mathewson	 

	8Exhibit 10.9

THERIAULT EMPLOYMENT
AGREEMENT

AGREEMENT, dated
as of September 15, 2006, by and between GOLD RUN INC., a corporation (the Company)
incorporated under the laws of Delaware, and having an office at 330 Bay St., Suite 330, Toronto,
Ontario, Canada, M5H 2S8 and BRION THERIAULT, an individual (the Employee) residing at 972
Blue Jay Drive, Spring Creek, Nevada 89815.

W I T N E S S E T H:

WHEREAS, the
Company desires to employ Employee as Senior Exploration Geologist of the Company to provide the
services hereinafter set forth, on the terms and subject to the conditions hereinafter set forth;
and

WHEREAS, the
Employee desires to accept such employment on such terms and subject to such conditions;

NOW, THEREFORE,
the parties hereto do hereby covenant and agree as follows:

1. Employment and Term.

(a) The Company hereby
employs the Employee, and the Employee agrees to serve the Company as Senior Exploration
Geologist.

(b) The term of the
Employee s employment hereunder shall commence on September 15, 2006 (the Effective Date), and
shall end on the third (3rd) anniversary of the Effective Date, unless the same shall be sooner
terminated as hereinafter provided (the Term); provided that the Term shall automatically
renew on the third and each successive anniversary of the Effective Date for an indefinite number of
successive one-year periods unless, not less than three (3) months prior to the then scheduled
expiration of the Term, either the Company or the Employee shall give notice to the other of its
election not to renew the Term as of such then scheduled expiration date.

2. Duties.

(a) Subject at all times
to the control of the Board of Directors of the Company (the Board), the Employee shall report to
the Company s President, and others as the Company may designate, and undertake activities and
operations as directed by the President, consistent with the typical duties and obligations of a
Senior Exploration Geologist of a junior exploration company. The Company and the Employee shall
comply in all material respects with all federal, state and local laws, ordinances, regulations,
rules and orders applicable to it or him, as the case may be, it being understood and agreed that
the Employee, shall be reasonably responsible to assure that the Company remain in such
compliance.

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(b) The Employee shall
faithfully and diligently discharge his duties hereunder and use his best efforts to implement the
policies established by the Company. The Employee will devote substantially all of his time and
attention exclusively to the rendering of his services hereunder, subject to four (4) weeks vacation
per year of the Term (a Term Year).

3. Base Salary. During the Term,
the Company shall cause the Employee to receive a total base salary (the Base Salary) at the rate
of U.S. $96,000 per annum, subject to such increases, if any, as the Employee and the Board may from
time to time agree, in each case payable in accordance with the payroll practices of the
Company.

4. Expenses. The Employee shall,
during the Term, be entitled to receive reimbursement of all expenses reasonably incurred by the
Employee in performing his services hereunder, including all travel and living expenses while away
from home on business or incurred at the specific request or direction of the Company; provided that
all such expenses must be reasonable, and must be incurred and accounted for in accordance with the
rules, policies, procedures and guidelines, if any, established or to be established by the Company
(as the same may be modified or amended from time to time), and must be submitted to the Company,
with appropriate expense vouchers and substantiated by evidence competent to establish such expenses
to the United States Internal Revenue Service and otherwise as the Company may require.

5. Termination of Employment. Any
other provision of this Agreement to the contrary notwithstanding, Employee s employment may be
terminated only as follows:

(a) At the option of the
Company, only in the event:

(i) of the death of the
Employee;

(ii) of the Employee s
permanent disability, which shall mean the Employee s inability for a period of three consecutive
months, because of a physical or mental condition, substantially to render the services required
hereunder;

(iii) of good cause
shown at any time, as defined in Section 5.(c), as determined by the Company, subject to reasonable
prior notice of such cause and, if practicable, a reasonable opportunity to remedy such cause;
or

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(iv) at any time, at
the discretion of the Company.

(b) At the option of the
Employee, only in the event of any material breach by the Company of the terms hereof, subject to
reasonable notice of such breach(es) and, if practicable, a reasonable opportunity to cure its
breach(es).

(c) For purposes of
Section 5.(a)(iii), good cause shall mean, but not be limited to:

(i) the failure of the
Employee substantially to perform his duties hereunder (other than failure resulting from the
Employee s incapacity resulting from physical illness), after reasonable notice of such failure and,
if practicable, a reasonable opportunity to cure such failure;

(ii) any material
breach by the Employee of the terms hereof, as determined by the Company, subject to reasonable
notice of such breach(es) and, if practicable, a reasonable opportunity to cure his
breach(es);

(iii) the commission by
the Employee of (1) an act which constitutes a dishonest act against the Company, a customer, a
vendor, an employee, a consultant or an advisor of the Company, or (2) an act which constitutes a
fraud or felony under applicable law, or (3) any chronic violation of law; or

(iv) the Employee
abuses any substance deemed detrimental, by the Company, to the performance of his duties during
business hours or conducts business under the undue influence of such substances or his abuse of
such substances adversely affects his ability to perform his duties, which the Employee shall not
have cured after reasonable notice and a reasonable opportunity to cure.

(d) Upon the termination
of the Employee s employment as provided in this Agreement, the Employee or his legal
representatives shall be entitled to receive promptly any Base Salary accrued to the date of such
termination. In addition, upon termination of the Employee s employment by the Company for any
reason (including, but not limited to, the reason set forth at Section 5.(a)(iv) hereof) other than
those reasons specifically set forth at Section 5.(a)(i) through (iii) hereof, the Company shall
also pay to the Employee severance in an amount equal to three (3) months Base Salary;
provided  that,  upon  termination  of the  Employee  s  employment  by the
Company by reason of the event set forth at Section  5.(a)(i)  hereof,  the  Company
shall pay to the estate of the Employee severance in an amount equal to three (3) months
Base Salary.

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6. Theriault Undertaking.
Employee will not hold, accept or otherwise acquire any position with another entity, as a
shareholder, partner, consultant, officer or director, which such position imposes on him, or may
impose upon him in the future, a duty which could result in a conflict of interest arising between
Employee and the Company respecting any aspect of mineral exploration, including, without
limitation, acquisition or divestiture of properties, access to financing, and personnel.

7. Employee understands, acknowledges
and agrees that, notwithstanding anything herein to the contrary, neither he nor an affiliate of
his, including without limitation Dave Mathewson, will directly or indirectly acquire any interest
in any property without first offering in writing such opportunity, without cost or markup, to the
Company.

8. Stock or Option Plan. The
Board of Directors of the Company shall determine, from time to time, in its discretion whether and
to what extent the Employee may participate in any stock or option plan hereafter adopted by the
Company.

9. Confidential Information.
Employee acknowledges that, as a result of his employment by the Company, Employee will obtain
secret and confidential information concerning the business of the Company, including without
limitation the identity of vendors and sources of supply, their needs and requirements, the nature
and extent of the Company s arrangements with them, and related cost, price and sales information.
Employee also acknowledges that the Company would suffer substantial damage if, during the period of
his employment with the Company or thereafter, Employee should divulge secret and confidential
information relating to the business of the Company acquired by him in the course of his employment.
Therefore, Employee agrees that he will not at any time, whether during the Term or thereafter,
disclose or divulge at any time to any person, firm or Company, any secret or confidential
information obtained by Employee while employed by the Company, including but not limited to
operational, financial, business or other affairs of the Company, trade know how or secrets, vendor
lists, employee lists, consultant lists, sources of supply, pricing policies, operational methods or
technical processes.

10. Construction and Enforcement of
Section 9. The parties hereto recognize and acknowledge that the provisions of Section 9 are of
great importance and value to the Company. The Employee recognizes that the provisions of Section 9
are necessary for the Company s protection, are reasonable restraints ancillary to the formation and
organization of the business and the retention of the Employee to run the business, and that the
Company would be irreparably damaged by a breach thereof and would not be adequately compensated by
monetary damages. The Company, therefore, in addition to its other remedies, shall be entitled to an
injunction from any court having jurisdiction restraining any violation or threatened violation of
the provisions of Section 9, without the necessity of proving monetary damages, and without the
necessity of proving that monetary damages would be insufficient. If any provision of Section 9 is
held to be unenforceable because of the scope, duration or area of its applicability, the court
making such determination shall have the power to modify such scope, duration or area, or all of
them, and such provision shall then be applicable in such modified form. If any provision of Section
9 shall be held to be invalid, prohibited or unenforceable in any jurisdiction for any reason, such
provision, as to such jurisdiction, shall be ineffective to the extent of such invalidity,
prohibition or unenforceability, without invalidating the remaining provisions of Section 9 or
affecting the validity or enforceability of such provisions in any other jurisdiction.

	4
	

11. Release upon Termination or
Expiration. In the event that the employment of the Employee with the Company is terminated or
expires for any reason, in exchange for payment in full of all amounts owing to Employee under the
terms of this Agreement at the date of termination, the Employee shall execute and deliver to the
Company a general release in form to be determined by the Company, to the effect that Employee
acknowledges that receipt of any monies and benefits pursuant to the terms of this Agreement is in
full satisfaction of any and all outstanding claims or entitlements which the Employee may otherwise
have against the Company, as well as the officers, directors, employees and agents of the Company,
under or in respect of, this Agreement.

12. Entire Agreement; Amendment.
This Agreement contains the entire agreement between the Company and the Employee with respect to
the subject matter thereof. This Agreement may not be amended, waived, changed, modified or
discharged except by an instrument in writing executed by or on behalf of the party or parties
against whom any amendment, waiver, change, modification or discharge is sought.

13. Notices. All notices,
requests, demands and other communications hereunder shall be in writing and shall be deemed to have
been duly given if delivered or mailed, by certified mail, return receipt requested, as
follows:

(a) To the
Company:

GOLD RUN INC.
 330
Bay St.
Suite 820
Toronto Ontario M5H 2S8

(b)  To the
Employee:

Mr. BRION
THERIAULT
972 Blue Jay Drive
Spring Creek, Nevada 89815

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and/or to such other persons and
addresses as any party shall have specified in writing to the other by notice as aforesaid.

14. Assignability. In the event
of any sale or other disposition of all or a substantial part of the business of the Company,
whether by sale of stock, sale of assets, merger or otherwise, then the successors and assigns of
such business shall assume all of the Company s obligations under this Agreement in respect of the
Company so that the Employee will continue to have all of the benefits of this Agreement to the same
extent that the Employee would have had had the aforesaid sale not taken place. This Agreement shall
not be assignable by Employee, but it shall be binding upon, and shall inure to the benefit of, his
heirs, executors, administrators and legal representatives. This Agreement shall be binding upon and
inure to the benefit of the Company and its successors and assigns.

15. Captions; Sections; The
caption headings of the Sections and subsections of and to this Agreement are for convenience of
reference only and are not intended to be, and should not construed as, defining or limiting the
contents of such Sections and subsections. Unless otherwise indicated, all references in this
Agreement to Sections and subsections are to Sections and subsections of this Agreement.

16. Governing Law. This Agreement
shall be governed by and construed and enforced in accordance with the laws of the State of Nevada
applicable to contracts made and to be performed therein and the parties subject to the exclusive
jurisdiction of the courts sitting in the State of Nevada having jurisdiction for resolution of all
disputes arising under this agreement.

IN WITNESS
WHEREOF, the parties hereto have executed this Agreement as of the date first above
written.

	 	GOLD RUN INC.

	 	By: 	/s/ John Pritchard	
	 	John Pritchard, CEO	 
	 	 	/s/ Brion Theriault	
	 	BRION THERIAULT	 

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