Document:

CONSULTING
AGREEMENT

 

THIS
AGREEMENT made effective as of July 23, 2015.

 

BETWEEN:

 

GOLD
TORRENT INC., a company incorporated under the laws of Nevada

 

(the
“Company”)

OF
THE FIRST PART

 

AND:

 

RYAN
HART, an individual with a residence at 6700 Indian Creek Dr; Apt. 707; Miami, FL 33141

 

(the
“Consultant”)

OF
THE SECOND PART

 

WHEREAS:

 

	A.	The
    Company is a publicly listed company in the business of mineral exploration and development and mining activities;
	 	 
	B.	The
    Consultant is in the business of providing executive, managerial, and consulting services in the field of management, capital
    raising and financing associated with mineral development and mining activities and has been providing these services to the
    Company since the Company’s inception as a mining company; and
	 	 
	C.	The
    Company wishes to continue to have the benefit of the Consultant’s services, to be provided solely by Ryan Hart (“Hart”),
    the Consultant (the term “Consultant” will also be used herein, where appropriate, as a reference to Hart) and
    wishes to memorialize in writing the terms of this arrangement.

 

NOW
THEREFORE this Agreement witnesses that the parties hereto, in consideration of the premises and of the respective covenants and
agreements on the part of them herein contained, do hereby covenant each with the other as follows:

 

	1.	Duties
    and Responsibilities
	 	 
	1.1	The
    Company hereby retains the Consultant to perform full time executive, managerial and consulting services to the Company, subject
    to the general direction of the Chief Executive Officer (the “CEO”) of the Company. The Consultant agrees that
    Hart shall be the sole person entitled and required to provide these services on behalf of the Consultant, and the Consultant
    shall also cause Hart and only Hart to act as President of the Company and to serve as a director of the Company and to hold
    such additional offices to which he may be appointed by the Company or any subsidiary of the Company. The Consultant will
    cause Hart to accept these positions subject to the terms and conditions set forth in this Agreement.

 

    	 	 	 

     

    

 

	1.2	The
    Consultant shall, and the Consultant shall cause Hart to, carry out all lawful instructions and directions given to it or
    him by the CEO from time to time and perform its or his duties to the utmost of its or his ability. The Consultant shall use
    its best efforts to promote the interests and goodwill of the Company and shall conduct itself, and shall cause Hart to conduct
    itself, in a diligent, competent and businesslike manner.
	 	 
	1.3	The
    Consultant agrees that it will cause Hart to undertake such reasonable amount of travel away from the principal office of
    the Company as may be reasonably necessary and the Company agrees to reimburse all reasonable expenses incurred by the Consultant
    in that regard.
	 	 
	1.4	The
    Consultant shall be an independent contractor and not the servant, employee or agent of the Company.
	 	 
	1.5	The
    character of the Consultant’s service contract and the Consultant’s remuneration may be changed from time to time
    by mutual written consent without thereby terminating this Agreement and, notwithstanding any change in the Consultant’s
    services to the Company in any capacity whatsoever and at whatever compensation, the Consultant’s engagement shall be
    construed as continuing under this Agreement as modified.
	 	 
	2.	Term
	 	 
	2.1	The
    term (“Term”) of the Consultant’s engagement under this Agreement shall commence on July 1, 2015 and, except
    in the case of earlier termination as hereinafter specifically provided for, shall continue for a period of two years and
    shall be automatically renewed for an additional year on each anniversary thereafter of this Agreement unless otherwise terminated
    as provided for hereunder.
	 	 
	3.	Conflicts
    of Interest
	 	 
	3.1	The
    Consultant shall cause Hart to devote his business time, best efforts, skills and attention on a full time basis to perform
    his duties and responsibilities hereunder faithfully and diligently. The Consultant shall cause Hart to perform the work and
    services required of him under the terms of this Agreement during the hours that are commensurate with his position and duties,
    having regard to prevailing industry standards for similar businesses operated in accordance with sound and efficient business
    policies. The Consultant acknowledges that in the performance of his duties in relation to the Company and its subsidiaries,
    Hart will be required from time to time to travel and perform his duties and fulfil his responsibilities elsewhere than at
    the Company’s principal office in Vancouver as may be necessary for the furtherance and conduct of the business of the
    Company.
	 	 
	3.2	Notwithstanding
    section 3.1, the Company acknowledges that Hart has other business interests. The Consultant acknowledges and agrees that
    Hart’s other interests shall not interfere with Hart’s duties hereunder.
	 	 
	3.3	The
    Consultant shall refer to the CEO all matters and transactions in which a real or perceived conflict of interest between the
    Consultant and the Company may arise, however remote the possibility, and shall not proceed with such matters or transactions
    until the CEO’s approval thereof is obtained. For purposes of clarification, this section 3.3 is not intended to limit
    in any way the other fiduciary obligations of Hart to the Company which may arise in law or equity.

 

    	 	 2	 

     

    

 

	4.	Fees
    and Benefits
	 	 
	4.1	The
    Consultant shall be remunerated as follows during the Term:

 

	 	(a)	the
    payment of a consulting fee of $170,000 per annum subject to annual adjustment as the Board of Directors (“Board”)
    in its discretion may determine, one-twelfth of which amount is payable monthly on the last day of each month; and
	 	 	 
	 	(b)	the
    payment of an annual bonus, if any, at the Board’s discretion based upon performance of the Consultant and the Company
    during the preceding fiscal year, to be determined and payable as soon as practicable after the Company’s fiscal year.

 

	4.2	The
    Consultant and/or Hart shall be entitled to participate in the Company’s stock option plan on such terms and conditions
    as would be commensurate with his positions with the Company, recognizing that the terms of option grants are at the sole
    discretion of the Company’s Compensation Committee and Board of Directors.
	 	 
	4.3	The
    Consultant and/or Hart shall be entitled to participate in any and all benefit plans that the Company provides to its employees
    generally.
	 	 
	4.4	The
    Company shall reimburse the Consultant and Hart for all reasonable and documented travel, entertainment and other business
    expenses actually and properly incurred by it or him in relation to the Company’s business as they are incurred, subject
    to approval by the Lead Director of the Company in the event such expenses fall outside of budgeted amounts.
	 	 
	4.5	The
    Consultant shall, without any deduction of its fee payable hereunder, be allowed a hiatus from performing its duties hereunder
    for a period of four weeks during each year of its engagement hereunder at such time or times as may be selected by the Consultant
    and as are in accordance with the Company’s reasonable policies and operating requirements.
	 	 
	4.6	Hart
    shall, throughout the Term, be the employee of the Consultant and not of the Company, and the Consultant shall pay any and
    all taxes, unemployment insurance premiums, pension premiums or contributions and any other statutory payments or assessments
    of any nature or kind whatsoever that are payable by virtue of the relationship of employer and employee existing between
    the Consultant and Hart.
	 	 
	5.	Termination
	 	 
	5.1	The
    Consultant may terminate this Agreement in the following manner:

 

	 	(a)	by
    providing not less than three months notice in writing to the Company; or
	 	 	 
	 	(b)	during
    the Term with the express prior written consent of the Company; or
	 	 	 
	 	(c)	when
    the Company is in material default of any of its obligations under section 4 hereof, in which event the Consultant may, where
    such default has not been cured within 15 days of delivery of notice thereof in writing to the Company, terminate its engagement
    upon 30 days notice in writing to the Company, in which case the Company shall pay the Consultant the termination benefit
    described in this section.

 

    	 	 3	 

     

    

 

	5.2	The
    Company may terminate the engagement of the Consultant under this Agreement in the following manner and in the following circumstances:

 

	 	(a)	cause
    for termination of the Consultant at common law exists resulting from, without limiting the generality of the foregoing, fraud,
    dishonesty, illegality, breach of statute or regulation, or gross incompetence;
	 	 	 
	 	(b)	failure
    on the part of the Consultant to disclose material facts concerning its or Hart’s business interests outside the Company;
	 	 	 
	 	(c)	refusal
    on the part of the Consultant or Hart to follow the reasonable and lawful directions of the CEO;
	 	 	 
	 	(d)	breach
    of fiduciary duty on the part of the Hart to the Company as a director of the Company; 
	 	 	 
	 	(e)	material
    breach of this Agreement or gross negligence on the part of the Consultant or Hart in carrying out the Consultant’s
    duties under this Agreement; 
	 	 	 
	 	(f)	immediately
    and without notice upon the death of Hart and without any pay or termination benefit or compensation other than the consulting
    fee, accrued annual bonus and benefits due to the Consultant pro-rated up to and including the date of death; or
	 	 	 
	 	(g)	if
    the Consultant, by reason of illness or mental or physical disability or incapacity of Hart, fails to provide his services
    as set out in section 1 above for any two (2) consecutive calendar months, then by one (1) month’s notice in writing
    from the Company to the Consultant.

 

	5.3	This
    Agreement and the services of the Consultant and Hart may also be terminated by the Company, without cause, upon payment to
    the Consultant upon termination of an amount equal to one and one-half (1 1⁄2) times the then applicable annual fee payable
    to the Consultant pursuant to section 4.1(a) hereof, less all deductions required by law, and continuation of all benefits
    available pursuant to section 4.3 hereof for payment of Company’s cost of benefits in lieu thereof for an 18-month period
    following termination, all in lieu of notice, severance, damages or other payments of any kind whatsoever.
	 	 
	5.4	Upon
    any termination of his engagement hereunder, the Consultant shall:

 

	 	(a)	cause
    Hart to immediately resign all offices held (including directorships) in the Company (and any subsidiary company or other
    affiliated company of the Company) and, save as provided in this Agreement, neither the Consultant or Hart shall be entitled
    to receive any additional severance payment or additional compensation for loss of office or otherwise by reason of the resignation.
    If the Hart fails to resign as mentioned the Company is irrevocably authorized to appoint a person in his name and on his
    behalf to sign any documents or do any things necessary or requisite to give effect to the resignation, and
	 	 	 
	 	(b)	turn
    over to the Company all books of account, records, reports and other documents, materials and property used by the Consultant
    or Hart in the performance of its or his duties herein prescribed or otherwise belonging to the Company.

 

	5.5	The
    termination of the Consultant’s engagement hereunder will not affect the provisions of section 7 of this Agreement which
    shall survive such termination and continue in full force and effect.

 

    	 	 4	 

     

    

 

	6.	Changes
    of Control
	 	 
	6.1	If
    at any time during the term of this Agreement there is a change of control of the Company, as defined below, which has not
    been approved by the Board, the Consultant will have the option, exercisable for a period of six months following such change
    of control, to treat this Agreement as terminated. The Consultant shall then be entitled to receive from the Company in lieu
    of payments, if any, owing under section 5.3 hereof an amount equal to two and three quarters times (2.75) the then applicable
    annual fee payable to the Consultant pursuant to section 4.1(a) hereof, together with customary benefits or payment of the
    Company’s cost of benefits in lieu thereof and bonuses which would accrue over the two-year period following such deemed
    termination of the Agreement.
	 	 
	6.2	For
    the purposes of this Agreement:

 

	 	(a)	“change
    of control of the Company” shall mean the occurrence of any of the following events:

 

	 	 	(i)	less
    than 51% of the Board of the Company being composed of Continuing Directors (as defined herein); or
	 	 	 	 
	 	 	(ii)	a
    person (within the meaning of the provisions of the Securities Act (British Columbia) (the “Securities Act”)),
    alone or with its affiliates, associates or persons with whom such person is acting jointly or in concert (all within the
    meaning of the Securities Act), becoming, following the date of this Agreement, the beneficial owner (also within the meaning
    of the Securities Act) of more than 50% of the total voting rights attaching to all classes then outstanding of the Company
    having under all circumstances the right to vote on any resolution concerning the election of directors;

 

	 	(b)	“Continuing
    Director” shall mean an individual who becomes a member of the Board subsequent to the date of this Agreement with the
    approval of at least a majority of the Continuing Directors who are members of the Board at the date that the individual became
    a member of the Board; provided always that any Continuing Director who abstained from voting in respect of or did not vote
    against the resolution of the Board appointing a member thereof subsequent to the date of this Agreement or who was not present
    at the meeting at which such resolution was considered shall for the purposes of this definition be deemed to have given his
    approval to the appointment to the Board of such member.

 

	7.	Confidential
    Information and Restrictive Covenant
	 	 
	7.1	The
    Consultant acknowledges the following:

 

	 	(a)	in
    connection with its engagement by the Company, the Consultant and its affiliates and representatives (including Hart) will
    have access to financial, operating, technical and other information concerning the Company and access to confidential records
    of the Company containing such information, some of which has not previously been made available to the public at large prior
    to the date hereof (“Confidential Information”);
	 	 	 
	 	(b)	Confidential
    Information received by the Consultant, its affiliates or its representatives in the course of its engagement with the Company
    is considered by the Company to be confidential in nature; and
	 	 	 
	 	(c)	there
    are restrictions on the purchase of securities imposed by applicable U.S. securities laws and other domestic and foreign laws
    relating to the possession of material information about a public company which has not previously been made available to
    the public at large.

 

    	 	 5	 

     

    

 

	7.2	In
    relation to Confidential Information, the Consultant agrees as follows:

 

	 	(a)	the
    Consultant will, and will cause all of its affiliates and representatives (including Hart) to, keep in confidence all Confidential
    Information;
	 	 	 
	 	(b)	the
    Consultant will not (and will cause all of its representatives to not), either during the term of his engagement with the
    Company, or at any time thereafter, disclose or reveal in any manner whatsoever, the Confidential Information to any other
    person except as required to carry out the terms of its engagement, nor shall it make any use thereof, directly of indirectly,
    for any purpose other than the purposes of the Company. The term “person” as used in this section 7 shall be interpreted
    very broadly and shall include without limitation any Company, company, joint venture, partnership or individual; and
	 	 	 
	 	(c)	in
    the event that the Consultant’s engagement with the Company is terminated for any reason whatsoever, it shall return
    to the Company (and shall cause all of its representatives to return to the Company), promptly upon the Company’s written
    request therefor, any documents, photographs, magnetic tapes, and other property containing Confidential Information which
    were received by the Consultant or its representatives pursuant hereto without retaining copies thereof.

 

	7.3	The
    provisions of this section 7 relating to Confidential Information will not apply to any part of such Confidential Information
    which the Consultant can clearly demonstrate to the satisfaction of the Company is now or subsequently becomes part of the
    public domain through no violation of the provisions hereof, or was in the Consultant’s lawful possession prior to its
    disclosure to it or its representatives by the Company.
	 	 
	7.4	The
    Consultant shall not, and shall cause Hart and its affiliates to not, except on behalf of the Company, at any time during
    the Term of this Agreement and within one year following the termination of this Agreement with the Company, either alone
    or with any other person, whether as principal, agent, shareholder, officer, adviser, manager, employee, or otherwise, do
    the following: 

 

	 	(a)	acquire,
    lease or otherwise obtain or control any beneficial, direct or indirect interest in mineral rights, or other rights or lands
    necessary to develop, any mineral property in which the Company and its affiliates at the time of termination has a beneficial
    interest or is actively seeking to acquire, or that is within a distance of five (5) kilometres from any point on the outer
    perimeter of any such property in which the Company and its affiliates has a beneficial interest or that it is seeking to
    acquire;
	 	 	 
	 	(b)	conduct
    any exploration or production activities or otherwise work on or in respect of any mineral property within a distance of five
    (5) kilometres from any point on the outer perimeter of any mineral property in which the Company and its affiliates then
    has a beneficial interest or is actively seeking to acquire;
	 	 	 
	 	(c)	solicit,
    divert or hire away, or attempt to solicit, divert, or hire away, any independent contractor or any person employed by any
    member of the Company and its affiliates or persuade or attempt to persuade any such individual to terminate his or her contract
    or employment with any member of the Company and its affiliates; and
	 	 	 
	 	(d)	impair
    or seek to impair the reputation of any member of the Company and its affiliates, or impair or seek to impair any relationships
    that any member of the Company and its affiliates has with its employees, customers, suppliers, agents or other parties with
    which any member of the Company and its affiliates does business or has contractual relations.

 

    	 	 6	 

     

    

 

	7.5	If,
    notwithstanding the prohibition set forth in the preceding paragraph, the Consultant, its affiliates or Hart acquires leases
    or otherwise obtains or controls any interest, directly or indirectly, in breach of section 7.4, the Consultant shall notify
    the Company of such acquisition within the thirty (30) days immediately following the date of such acquisition and the Consultant
    agrees, upon demand by the Company, to convey or cause to be conveyed such interest to the Company as soon as practicable
    thereafter, in consideration of the payment by the Company to the Consultant of the cost of acquisition.
	 	 
	7.6	The
    Consultant acknowledges that the Company would not have an adequate remedy at law for monetary damages in the event that the
    covenants contained in this section 7 are not performed in accordance with their terms and therefore agree that the Company
    shall be entitled to specific enforcement of the terms hereof in addition to any other remedy to which it may be entitled,
    at law or in equity.
	 	 
	7.7	The
    Consultant shall, in addition to any damages which may result from any breach of any provision of this section 7, pay to the
    Company the costs, including reasonable attorney’s fees, incurred by the Company in curing such breach or in enforcing
    the terms and conditions of this Agreement.
	 	 
	7.8	The
    Consultant expressly acknowledges that the Company’s geographic area of interest consists of North America and the Consultant
    agrees that any prospective mineral properties in these countries which are identified by or made available to the Consultant
    and Hart shall be subject to the provisions of section 3.3 of this Agreement.
	 	 
	7.9	The
    Consultant agrees that all restrictions in this section 7 are necessary and fundamental to the protection of the business
    of the Company and are reasonable and valid, and the Consultant hereby waives all defences to the strict enforcement thereof
    by the Company.
	 	 
	8.	Severability
	 	 
	8.1	The
    invalidity or unenforceability of any provision of this Agreement will not affect the validity or enforceability of any other
    provision, and any invalid provision will be severable from this Agreement and the remaining provisions thereof shall remain
    in force and be binding upon the parties as though the severed provision or provisions had never been included.
	 	 
	9.	Governing
    Law
	 	 
	9.1	This
    Agreement is governed by and is to be construed, interpreted and enforced in accordance with the laws of Idaho.

 

    	 	 7	 

     

    

 

	10.	Entire
    agreement
	 	 
	10.1	As
    of the date hereof, this Agreement supersedes all prior agreements between the parties, and constitutes the entire agreement
    between the parties. The parties agree that there are no other collateral agreements or understandings between them except
    as set out in this Agreement.
	 	 
	11.	Amendment
	 	 
	11.1	This
    Agreement may be amended only in writing by the parties hereto.
	 	 
	12.	Headings
	 	 
	12.1	All
    headings in this Agreement are for convenience only and shall not be used for the interpretation of this Agreement.
	 	 
	13.	Successors
    and Assigns

 

	13.1	The
    rights of the Consultant under this Agreement and its obligations to have the services performed by Hart are not assignable
    or transferable in any manner. 
	 	 
	14.	Notice
	 	 
	14.1	Any
    notice required or permitted to be made or given under this Agreement to either party shall be in writing and shall be sufficiently
    given if delivered personally, by telecopy or if sent by prepaid registered mail to the intended recipient of such notice
    at:

 

	 	(a)	in
    the case of the Company, to:

 

	 	 	Gold
    Torrent Inc.
	 	 	Attention:
    Daniel Kunz
	 	 	960
    Broadway Ave Suite 530
	 	 	Boise,
    Idaho 83706
	 	 	 
	 	 	Fax
    No.: 208-343-1777

 

	 	(b)	in
    the case of the Consultant, to:

 

	 	 	Ryan
    Hart
	 	 	 
	 	 	Fax
    No.: 208 343-1777

 

    	 	 8	 

     

    

 

	 	or
    at such other address as the party to whom such writing is to be given shall provide in writing to the party giving the said
    notice. Any notice delivered to the party to whom it is addressed shall be deemed to have been given and received on the day
    it is so delivered or sent by telecopy and so received, or, if such day is not a business day, then on the next business day
    following any such day. Any notice mailed shall be deemed to have been given and received on the fifth business day following
    the date of mailing.

 

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

 

	GOLD
    TORRENT INC.	 	RYAN
    HART
	 	 	 	 	 
	Per:	/s/
    Daniel Kunz	 	Per:	/s/
    Ryan Hart
	 	Daniel
    Kunz , CEO	 	 	Ryan
    Hart

 

    	 	 9General
Services Agreement 

 

This
GENERAL SERVICES AGREEMENT (hereinafter called “Agreement”), entered into as of the 1st day of January, 2015, is between
Daniel Kunz & Associates, LLC, (hereinafter called “DKA”), whose
address is 960 Broadway Ave, #160, Boise, Idaho 83706 and Gold Torrent Inc., (hereinafter called “GOLD TORRENT”),
whose address is 960 Broadway Ave, #160, Boise, Idaho 83706.

 

GOLD
TORRENT requires professional geological and engineering consulting to be performed by DKA. The evaluation, appraisal, exploration
or other professional geological and engineering services for the creation of an optimized new ore body model, development of
a mine plan and mining sequence, reporting adequate to support decision making and legal/financial requirements, and other such
services as might be requested by GOLD TORRENT’s representative(s).

 

DKA
represents that the firm has the requisite qualifications, experience and capabilities to perform the services required by GOLD
TORRENT to a standard of care, skill and diligence acceptable within the industry.

 

NOW
THEREFORE, for and in consideration of the foregoing and the mutual promises and covenants hereinafter set forth, the parties
hereto agree as follows:

 

I.
REPRESENTATIVE(S) 

 

	1.	GOLD
    TORRENT’s Representative(s) for the project shall be: 
	 	                  Daniel
    Kunz – Executive Chairman and CEO

 

	2.	DKA’s
    Representative(s) for the project shall be:
	 	                  Pete
    Parsley – Geologic Director
	 	                  Bruce
    Thorndycraft – Metallurgical Director, Project Management

 

	3.	GOLD
    TORRENT may, by notice in writing signed by GOLD TORRENT’s CEO, or Delegate, appoint additional or substitute Representative(s).
    DKA may, by notice in writing signed by DKA’s Directors appoint additional or substitute Representative(s).

 

II.
SCOPE OF SERVICES 

 

	1.	Services
    performed by DKA under this Agreement (the “Consulting Services”) shall be as specified in sequentially numbered
    Work Orders. Prior to the initiation of any activity, a Work Order detailing the precise Scope of Work and estimated cost
    shall be agreed and approved in writing by DKA and GOLD TORRENT Representatives. The Scope of Work shall more particularly
    describe the services to be performed and shall specify the place of performance, the date of performance, the date of completion,
    and the maximum number of days of services to be performed, unless specified otherwise in the Scope of Work entered on the
    Work Order. Each executed Work Order shall become a part of this contract.

 

    	GSA: DKA – GOLD TORRENT INC.
	Page 1 of 7

    	 

    

 

 

	2.	DKA
    shall engage in discussions with authorized GOLD TORRENT personnel as designated by the GOLD TORRENT Representative(s) orally
    or in writing, especially with regard to interpretation of data or findings developed or made while performing services under
    this Agreement.
	 	 
	3.	Upon
    the request of GOLD TORRENT’s Representative(s), DKA shall prepare and deliver to GOLD TORRENT progress reports and
    a final report of its findings and recommendations and such other reports as GOLD TORRENT may from time to time request. 
	 	 
	4.	Should
    any of the terms and conditions in this Agreement conflict with any provisions in Exhibit A or Exhibit B, the terms and conditions
    in this Agreement shall be controlling. 
	 	 
	5.	DKA
    shall provide the following support services for the benefit of GOLD TORRENT: Office space for executives at 960 Broadway,
    Suite 160 Boise, Idaho 83706, or such other location as Provider may have available; telephone service; and office Supplies

 

III.
COMPENSATION 

 

Compensation
for services performed under this Agreement shall be invoiced and paid according to:

 

	1.	For
    unbilled services provided by DKA to GOLD TORRENT from October 1, 2014 through December 31, 2014 a lump sum payment of $28,588.83
    is due upon execution of this agreement. ($9,529.61 per month for three months work.)
	 	 
	2.	The
    rate schedule set forth in Exhibit A attached hereto and made a part hereof. 
	 	 
	3.	Such
    compensation shall include all overhead and profit.
	 	 
	4.	When
    travel arrangements, subcontracts, and purchase of materials such as maps, publications and blueprints are required under
    this Agreement, DKA shall consult with GOLD TORRENT prior to incurring such costs and shall grant GOLD TORRENT the option
    to requisition such services and materials directly without markup.
	 	 
	5.	All
    progress billings will be billed and be paid as provided in Sec. III.6. below, until the final billing in which the amount
    owed under the final invoice will be offset by the retention amount, with any excess retention being returned to GOLD TORRENT
    or any excess billing being paid to DKA.
	 	 
	6.	Except
    as otherwise provided in Exhibit A, DKA shall prepare and submit to GOLD TORRENT on a calendar month basis a detailed statement
    of charges (“Statement”). The Statement shall set forth the number of days (hours) or fractions thereof of services
    performed and the dates and locations of performance, and shall be accompanied by receipts or other evidence substantiating
    expenses incurred. Invoices shall be directed to the GOLD TORRENT corporate offices and approved by the GOLD TORRENT Representative.
    Subject to verification by GOLD TORRENT, payments of amounts due less any existing set-offs shall be made by GOLD TORRENT
    to DKA within 30 days after receipt of such statements. 

 

IV.
AGREEMENT DURATION 

 

	1.	This
    Agreement shall commence upon the date the last signature is affixed to the Agreement and shall be in effect for the period
    of 1 (one) year, unless sooner terminated. 

 

    	GSA: DKA – GOLD TORRENT INC.
	Page 2 of 7

    	 

    

 

 

 

	2.	Either
    party may terminate this Agreement upon (10) days written notice to the other party at the addresses listed above. Upon termination
    of this Agreement, DKA warrants that they shall deliver to GOLD TORRENT at its request any and all materials and information
    relating to the Services, including but not limited to, any and all files, agreements, reports, correspondence maps, analytical
    work, samples, and every other matter related thereof. After such termination DKA may be instructed to prepare and deliver
    to GOLD TORRENT a final report. In the event of termination, DKA shall be paid for services performed to the termination date
    and reasonable termination expenses to be agreed with GOLD TORRENT at the time of termination. DKA shall also maintain all
    matters herein in confidence for a period of one year after such termination unless required to disclose such matters under
    law. 

 

V.
COMPLIANCE WITH STATE AND FEDERAL LAWS 

 

DKA
shall comply with all requirements of any applicable federal, state or local law, rule or regulation. DKA represents that it has
all licenses or other authorizations required to enable it to perform services hereunder in the jurisdiction where the services
are to be performed.

 

VI.
INDEPENDENT CONTRACTOR 

 

DKA
is and shall be in the performance of all work, services and activities under this Agreement an independent contractor. DKA shall
not in any way at any time be an employee or agent of GOLD TORRENT, and shall not indicate or represent to any third party that
DKA is an employee or agent of GOLD TORRENT. DKA shall have no power to commit GOLD TORRENT to any third party. No withholding
for federal or state income tax or any other tax or contribution shall be deducted from payments to DKA. DKA shall be solely responsible
for payment of taxes on any amounts received by DKA under this Agreement.

 

VII.
PROFESSIONAL RESPONSIBILITY 

 

Services
performed by DKA will be conducted in a manner consistent with that level of care and skill ordinarily exercised by other members
of the consulting professions currently practicing under similar conditions subject to the time limits and financial and physical
constraints applicable to the Services.

 

VIII.
HOLD HARMLESS 

 

	1.	DKA
    shall, at all times, indemnify and save harmless GOLD TORRENT and its officers, directors, agents and employees from and against
    all claims, damages, losses and expenses, including, but not limited to attorney’s fees, court and arbitration costs,
    to the extent directly attributable to the negligent acts, errors or omissions of DKA while performing services under this
    Agreement. 
	 	 
	2.	GOLD
    TORRENT shall, at all times, defend, indemnify and save harmless DKA and its subcontractors, DKA’s, agents, officers,
    directors and employees from and against all claims, damages, losses and expenses, including but not limited to attorney’s
    fees, court and arbitration costs, arising out of or resulting from the services of DKA, inclusive of claims made by third
    parties, or any claims against DKA arising from the negligent, reckless, or intentional acts of GOLD TORRENT, its employees,
    agents, contractors and subcontractors. 

 

    	GSA: DKA – GOLD TORRENT INC.
	Page 3 of 7

    	 

    

 

 

	3.	GOLD
    TORRENT shall immediately notify DKA of any defects or suspected defects arising directly or indirectly from DKA’s performance
    under this agreement, negligent acts, errors or omissions. GOLD TORRENT and DKA agree that all claims and legal actions arising
    directly or indirectly from this Agreement or the services of DKA shall be filed no later than three (3) years from GOLD TORRENT’s
    actual or constructive notice of the existence of defects or suspected defects. 
	 	 
	4.	Neither
    party shall be responsible to the other for lost revenues, lost profits, cost of capital, claims of customers, or other special,
    indirect, consequential or punitive damages. 

 

IX.
NONDISCLOSURE AND OWNERSHIP OF WORK PRODUCT 

 

	1.	DKA
    shall not, without the prior written consent of GOLD TORRENT, disclose to any third party the fact that GOLD TORRENT and DKA
    have entered into this Agreement unless such knowledge is publicly available. 
	 	 
	2.	DKA
    shall maintain all information and matters involving GOLD TORRENT and the services provided by DKA in confidence except insofar
    as shall be required to perform the services hereunder, or as may come into the public domain through sources beyond control
    of DKA or as required by law. 
	 	 
	3.	All
    reports, publications, exhibits, films, data, conclusions and other work product furnished by GOLD TORRENT to DKA or is obtained
    or developed by DKA under this Agreement and all information regarding GOLD TORRENT’s business plans, operations, properties,
    practices, methods, inventions and discoveries shall be and remain the property of GOLD TORRENT, and the same shall be kept
    confidential by DKA, who shall not disclose the same to any third person directly or indirectly except upon the prior written
    consent of GOLD TORRENT. Upon termination of this Agreement or upon the prior request of GOLD TORRENT, DKA will deliver such
    work product and information to GOLD TORRENT, maintaining only such copies as are necessary to support its professional responsibilities.
    
	 	 
	4.	DKA
    shall not, during the duration of this Agreement, acquire any interest, direct or indirect, in any mining claims, leases,
    mining rights or fee lands in any lands within 2 miles of the perimeter of GOLD TORRENT owned properties without GOLD TORRENT’s
    prior written consent. Any interest acquired in violation of this paragraph shall, at GOLD TORRENT’s request and at
    no cost to GOLD TORRENT, be conveyed to GOLD TORRENT. 

 

X.
AMENDMENT

 

This
Agreement may only be amended in writing, signed by each party hereto.

 

XI.
ASSIGNMENT

 

Neither
this Agreement nor any payments due to DKA hereunder shall be assigned nor shall any services provided for herein be subcontracted
by DKA without first obtaining GOLD TORRENT’s written consent, which consent shall not be unreasonably withheld.

 

    	GSA: DKA – GOLD TORRENT INC.
	Page 4 of 7

    	 

    

 

 

XII.
BINDING EFFECT

 

The
terms of this Agreement shall apply to and be binding upon the successors and permitted assigns of the respective parties hereto.

 

XIII.
WAIVER AND SEVERABILITY

 

If
any part of this Agreement, for any reason, is declared invalid or void, such declaration shall not affect the remaining portions
of the Agreement which shall remain in full force and effect as if this Agreement had been executed with the invalid portion eliminated.
However, if any provision which has been declared invalid or unenforceable shall be a provision that would prevent the continued
and complete performance of this Agreement by DKA and GOLD TORRENT, then DKA and GOLD TORRENT hereby agree that they will renegotiate
that term or provision in order to otherwise render the Agreement valid and enforceable. If either of DKA or GOLD TORRENT decides
not to enforce a provision of this Agreement, such decision in favor of non-enforcement shall not constitute a waiver of the right
of that party in the future to enforce that provision of the Agreement in the event of any subsequent breach or failure to comply
in full with that provision of the Agreement.

 

XIV.
GOVERNING LAW.

 

Except
to the extent that this Agreement may be governed by any federal law, including federal bankruptcy law, this Agreement shall be
governed by, construed and interpreted under, and enforced exclusively in accordance with the laws of the State of Idaho, and
the courts in the state of Idaho shall have jurisdiction with respect to any dispute arising hereunder.

 

XV.
EXECUTION IN COUNTERPARTS

 

This
Agreement may be executed in several counterparts, each of which shall be deemed to be an original, and all of which shall constitute
but one and the same instrument. Any such counterpart may be signed by one or more of DKA and GOLD TORRENT as long as each of
them has signed one or more of such counterparts.

 

XVI.
NO CONSTRUCTION AGAINST DRAFTER

 

The
DKA and GOLD TORRENT hereby acknowledge that they have reviewed this Agreement and have been afforded an opportunity to consult
with an attorney. DKA and GOLD TORRENT concur that any rule of construction to the effect that ambiguities are to be resolved
against the drafting party shall not apply in the interpretation of any provision of this Agreement.

 

XVII.
ENTIRE AGREEMENT

 

This
Agreement constitutes the entire Agreement between the parties with respect to the subject matter hereof. IN WITNESS WHEREOF,
the parties hereto have executed this Agreement as of the date first above written.

 

	Daniel
    Kunz & Associates, LLC	 	Gold
    Torrent Inc.
	 	 	 
	/s/
    Alexander Kunz	 	/s/
    Ryan Hart
	Alexander
    Kunz, Partner	 	Ryan
    Hart, Presiden t

 

    	GSA: DKA – GOLD TORRENT INC.
	Page 5 of 7

    	 

    

 

 

 

EXHIBIT
A

 

BILLING
RATES

 

	1.	The
    hourly rates for the services of Consultant will be:

 

	Personnel	 	Speciality	 	Billing Rate per Hour	 
	Pete Parsley	 	Geology, Resource	 	$	150.00	 
	Bruce Thorndycraft	 	Metallurgy, Project Development	 	$	150.00	 
	Bryan Bishop	 	Mine planning, development	 	$	150.00	 

 

	2.	An
    addition of 7% to hourly rates will be included in each invoice to cover computer hardware/software, communication and reproduction
    costs.
	 	 
	3.	If
    travel outside of DKA’s individual consultant’s city of residence is directed by GOLD TORRENT, Consultant shall
    also be entitled to reimbursement of pertinent business expenses such as meals, travel, lodging, rental fees, and personal
    vehicle mileage at the published IRS rates. Consultant shall be responsible for the arrangement and payment of all travel
    expenses. Expense reports shall be submitted for approval every 30 days or more frequently as needed.
	 	 
	4.	Subcontract
    costs approved by GOLD TORRENT in advance may be invoiced at cost plus 10%.

 

    	GSA: DKA – GOLD TORRENT INC.
	Page 6 of 7

    	 

    

 

 

 

EXHIBIT
B

 

Work
Orders

 

WORK
ORDER 1:

 

Prior
to GOLD TORRENT obtaining its 2015 equity funding DKA shall provide the following services:

 

	 	●	Pete
    Parsley to be available and work 27 hours per month for a retainer of $4,000 per month
	 	 	 
	 	●	Bruce
    Thorndycraft to be available and work 27 hours per month for a retainer of $4,000 per month
	 	 	 
	 	●	Bryan
    Bishop to be available and work 27 hours per month for a retainer of $4000 per month

 

Total
monthly services $9,529.61

 

DRAFT
WORK ORDER 2 (Pending):

 

	Technical
    Program	 
	Metallurgical
    Testwork	 
	Bruce
    Thorndycraft Sr Metallurgist	 
	Pete
    Parsley Sr. Geologist	 
	Assays	 
	Travel	 
	McClellan
    Lab gravity test work	 
	Samples
    shipments	 
	flow
    sheet development	 
	Subtotal
    Metallurgical Testwork	 
	 	 
	NI
    43-101 Report Preparation	 
	HardRock
    Consultants Economic PFS	 
	Mining
    Engineer	 
	David
    Lineburger Consultant	 
	Pete
    Parsley Sr. Geologist	 
	Assistant
    technical	 
	travel	 
	Computer
    modeling	 
	Subtotal
    NI 43-101 Report Preparation	 
	 	 
	Mine
    Planning, Mill Design, Site Engineering	 
	Mill
    Site Acquisition	 
	B
    Thordnycraft Sr Metallurgist	 
	P
    Parsley Sr Geologist	 
	Mining
    Engineer	 
	B
    Loefflur Sr Permitting Specialist	 
	Plant
    Design Firm	 
	Site
    Engineering	 
	Mine
    Design Firm	 
	Subtotal
    Design and Engineering	 

 

    	GSA: DKA – GOLD TORRENT INC.
	Page 7 of 7

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