Document:

Exhibit 10.1

    MASTER
      AGREEMENT

    

    DATED
      as
      of
      September 25, 2006,
      AMONG:

    

    COLOMBIA
      GOLDFIELDS LTD. (“CGL”),
      a
      Delaware corporation;

    

    and

    

    CIA
      MINERA DE CALDAS S.A. (“Caldas”),
      a
      Colombia corporation;

    

    and

    

    GAVILAN
      MINERALES S.A. (“Gavilan”),
      a
      Colombia corporation;

    

    and

    

    CIA
      SERVICIOS LOGISTICOS DE COLOMBIA LTDA. (“SyL”), a
      Colombia corporation;

    

    and

    

    RNC
      (COLOMBIA) Limited (“RNC”),
      a
      Belize corporation;

    

    and

    

    CHUCK
      MAJOR (“Major”), businessman,
      a resident of Colombia;

    

    WHEREAS
      the
      parties hereto are and have been involved with each other in the gold-mining
      business in Colombia, including acquiring, exploring and developing of mining
      properties, establishing required infrastructure and the financing of such
      activities;

    

    AND
      WHEREAS the
      parties wish to reorganize and rationalize their relationships related to the
      foregoing by concluding the series of transactions set forth herein on or before
      September 26, 2006 (the “Closing
      Date”, as
      same
      may be extended by written agreement of all of the parties, acting reasonably),
      each of which transaction, unless specifically noted otherwise herein or in
      a
      separate document entered into among all of the parties, is dependent upon
      the
      completion of the other transactions and any such transaction that closes prior
      to the completion of the other transactions being closed in escrow pending
      the
      completion of such other transactions;

    

    NOW
      THEREFORE WITNESS THAT for
      good
      and valuable consideration, the receipt and sufficiency of which the parties
      hereto do hereby acknowledge, each to the other, the parties agree with each
      other as follows.

    

    1. Sale
      of Shares of Gavilan

    

    
      	
              1.1

            	
              On
                or before the Closing Date, and subject to (a) CGL having satisfied
                its
                reasonable due diligence requirements (including confirming that
                Gavilan
                holds proper legal title to several properties abutting the Marmato
                mountain (“Marmato”)
                in western Colombia (the “Caramanta
                Properties”, a
                schedule setting forth their legal description being attached as
                Schedule
                1 hereto),
                (b) CGL board of director approval and (c) compliance with any securities,
                regulatory or corporate laws to which any of CGL, Gavilan or Major
                is
                subject, Major
                (who is the owner of the majority of the Gavilan Shares (defined
                

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    
      	
               

            	
              
                below))
                  shall sell and shall cause the other Gavilan shareholders to sell
                  and CGL
                  shall purchase the Gavilan Shares for a purchase price of $300,000
                  and the
                  issuance of 1,150,000 common shares in the capital stock of CGL
                  to Major
                  or as Major may in writing direct (collectively, the “Purchase
                  Price”).
                  The CGL common shares shall be subject to statutory hold periods,
                  and will
                  have appropriate legends embossed thereon as
                  required.

              

            

    

    
 

    
      	
              1.2

            	
              Major
                agrees that he has received an advance of $100,000 towards the purchase
                price. The balance of the Purchase Price, being $200,000 shall be
                paid and
                delivered on closing at which time Major
                shall and shall cause the other selling Gavilan shareholders to effect
                a
                transfer of the Gavilan Shares, including on the books of Gavilan
                with the
                transfer signatures thereon duly guaranteed or confirmed to the
                satisfaction of CGL. The
                closing shall take place at such place as may be agreed upon by CGL
                and
                Major, acting reasonably.

            

    

    

    
      	
              1.3

            	
              The
                closing of the purchase and sale of the Gavilan Shares shall be subject
                to
                completion and execution of the usual and customary documentation
                for
                transactions of this nature, each side acting reasonably, including
                a
                share purchase agreement (the “Gavilan
                SPA”)
                and including a certified copy of a resolution of the directors of
                Gavilan
                authorizing the transfers, aforesaid, of the Gavilan Shares. Major
                represents and warrants that he will be able to deliver the signatures
                and
                share certificates, as required, of the other selling Gavilan
                shareholders.

            

    

    

    
      	
              1.4

            	
              Major
                represents and warrants to CGL as follows for the purposes of this
                Master
                Agreement: 

            

    

    

    
      	 	
              (a)

            	
              that
                he is
                the beneficial owner of 2,250,000 shares issued and outstanding in
                the
                capital of Gavilan and that the balance of the shares issued and
                outstanding in the capital of Gavilan are held as to 2,250,000 shares,
                by
                Roberto Hernando Molina; as to 2,250,000 shares, by Lillyan Piedad
                Munoz
                Mira; as to 2,250,000 shares, by Alfred Huiell Woolston; and as to
                141,000,000 shares, by SyL (collectively, the “Gavilan
                Shares”);

            

    

    

    
      	 	
              (b)

            	
              that
                he and the other selling Gavilan shareholders have the exclusive
                right to
                dispose of their respective Gavilan Shares to and in favor of CGL
                and such
                disposition will not violate, contravene, breach or offend against
                or
                result in any default under any indenture, mortgage, lease, agreement,
                instrument, statute, regulation, order, judgment, decree or law to
                which
                Major, the other selling Gavilan shareholders or Gavilan are a party
                or
                subject or by which Major, the other selling Gavilan shareholders
                or
                Gavilan are bound or affected; 

            

    

    

    
      	 	
              (c)

            	
              that
                he and the other selling Gavilan shareholders are the holders of
                record of
                their respective Gavilan Shares, free and clear of any liens, charges,
                encumbrances or rights of others (other than the rights of CGL hereunder)
                and no person (other than CGL hereunder) has any agreement, option
                or any
                rights capable of becoming an agreement or option for the acquisition
                of
                the Gavilan Shares;

            

    

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

       

    

    
      	 	
              (d)

            	
              that
                Gavilan is a corporation duly incorporated, organized and validly
                existing
                in good standing under the laws of Colombia and is the registered
                owner of
                the Caramanta Properties, which are owned free and clear of any liens,
                charges, encumbrances or rights of others,
                and
                that aside from the Caramanta Properties,
                Gavilan
                does not own any other material property or asset;
                

            

    

    

    
      	 	
              (e)

            	
              that
                the authorized capital of Gavilan is 300,000,000 shares and the Gavilan
                Shares are the only validly issued and outstanding shares in the
                capital
                of Gavilan, and they are fully paid and non-assessable shares;
                and

            

    

     

    
      	 	
              (f)

            	
              that
                Gavilan has no subsidiaries. 

            

    

     

    CGL
      shall
      be entitled to require further and other usual representations and warranties
      from Major in the Gavilan SPA.

    

    2. Sale
      of SyL Assets

    

    
      	
              2.1

            	
              On
                or before the Closing Date, and subject to (a) Caldas having satisfied
                its
                reasonable due diligence requirements, (b) Caldas board of director
                approval and (c) compliance with any securities, regulatory or corporate
                laws to which any of Caldas and SyL are subject, SyL
                shall sell and Caldas shall purchase, by way of bill of sale (the
                “Bill
                of Sale”)
                the property and assets (the “Purchased
                Assets”)
                identified in Schedule
                2
                hereto (which property and assets include the land and building located
                at
                Carrera 34, #5G-86, Medellin, Colombia and exclude the Colombian
                mineral
                assets of SyL). The purchase price for the Purchased Assets shall
                be
                satisfied by the setting off of the inter-company debts that exist
                as at
                the Closing Date as between Caldas and SyL, which debts are presently
                as
                set forth in Schedule
                3 hereto.

            

    

    

    
      	
              2.2

            	
              At
                closing, SyL shall execute such further and other transfer documents
                in
                respect of various of the Purchased Assets as are reasonably required
                by
                Caldas, including for registration purposes (eg. to register the
                transfer
                of the land and building abovementioned from SyL to
                Caldas).

            

    

    

    
      	
              2.3

            	
              SyL
                and Caldas shall work together to eliminate, in the most tax effective
                manner, the inter-company accounts. In the unlikely effect that SyL
                is
                subject to additional Colombian tax or penalties on the inter-company
                transactions, Caldas will reimburse SyL for any such taxes or penalties
                as
                they relate solely to these inter-company transactions.
                

            

    

    

    
      	
              2.4

            	
              The
                closing shall take place at such place as may be agreed upon by CGL
                and
                Major, acting reasonably.

            

    

    

    
      	
              2.5

            	
              Contemporaneous
                with the closing of the purchase and sale of the Purchased Assets,
                those
                persons employed by SyL and who work substantially for SyL on the
                Marmato
                and Caramata Properties (the “Employees”
                as
                set forth on Schedule
                4 hereto,
                including as to their start dates, positions and job descriptions,
                remuneration and other benefits, if any) shall have been terminated
                by SyL
                and rehired by Caldas on substantially the same terms and conditions,
                all
                subject to compliance with the laws of Colombia. The severance
                entitlements of these Employees to and including July 31, 2006 and
                calculated in accordance with the laws of Colombia shall be satisfied
                by
                and for the sole account of SyL; the severance entitlements of these
                Employees from August 1, 2006 to and

            

    

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              including
                the Closing Date calculated in accordance with the laws of Colombia
                shall
                be paid by SyL but funded by Caldas by way of cash reimbursement.
                

            

    

     

    
      	
              2.6

            	
              The
                Bill of Sale will include the usual representations and warranties,
                including as to the ownership, free and clear of encumbrances, by
                SyL of
                the Purchased Assets and their being in good working order (reasonably
                wear and tear excepted). 

            

    

    

    
      	
              2.7

            	
              In
                the event that it is determined, either prior to or at any time following
                the Closing Date, that at the Closing Date SyL had title to, possession
                of
                or ownership of, directly or indirectly, any Mining Titles or Mining
                Applications located within the Restricted Area as defined below
                (other
                than those expressly disclosed in and transferred by or pursuant
                to this
                Agreement), SyL shall be deemed to be holding such Mining Titles
                and/or
                Mining Applications in trust for Gavilan (or as Gavilan may at the
                time
                direct) while maintaining same in good standing at SyL’s sole expense, and
                title to, possession and ownership of the Mining Titles and/or Mining
                Applications shall be transferred to Gavilan (or as Gavilan may at
                the
                time direct) forthwith and without further consideration at the cost
                and
                expense of Gavilan. 

            

    

    

    3. Major
      Engagement and Restrictive Covenants

    

    
      	
              3.1

            	
              On
                the Closing Date, Major shall enter into a 2
                year
                consulting contract, renewable for consecutive 1 year terms with
                Caldas or
                RNC, the latter being the parent of the former. It shall be determined
                between Caldas and RNC based on their own tax and accounting advice
                as to
                which of them will be the party engaging Major. The basic terms of
                such
                contract shall be as follows:

            

    

    

    
      	a.  	
              remuneration
                of US$120,000/year, paid monthly in
                arrears;

            

    

    
      	b.  	
              Major
                shall report to Ian Park, President of
                RNC;

            

    

    
      	c.  	
              Major
                shall not be entitled to any other
                benefits;

            

    

    
      	d.  	
              Major
                shall co-ordinate his vacation time with Ian Park, who shall be entitled
                to deny vacation requests based on the business exigencies at the
                time;

            

    

    
      	e.  	
              Major
                can be terminated at any time for cause, or upon at least 30 days
                prior
                written notice or pay in lieu of notice for convenience; Major shall
                be
                entitled to terminate his engagement only on a minimum of 60 days
                prior
                written notice; and

            

    

    
      	f.  	
              the
                consulting contract shall include confidentiality, 2 year non-solicitation
                and 2 year non-competition provisions in favor of the engaging company
                and
                its affiliates, with non-competition being geographically limited
                to
                properties within 2 kilometres of those outlined on the map attached
                as
                Schedule
                5
                hereto and within 2 kilometres of those other properties that the
                engaging
                company and its affiliates may be engaged in howsoever, including
                evaluating, at the time the consulting contract is terminated howsoever.
                

            

    

    

    
      	
              3.2

            	
              Major
                hereby covenants agrees with all of the other parties that from and
                after
                the Closing Date
                and for a period that is to be the last to occur of 5 years from
                the
                Closing Date and 2 years from the termination howsoever of Major’s
                consulting contract, above, he will not, either directly or indirectly
                and
                either alone or in partnership or in conjunction with any persons,
                as
                principal, agent, shareholder, employee or in any manner whatsoever,
                carry
                on or be engaged in or be concerned with or interested in, or advise,
                lend
                money to, guarantee the debts or obligations of, or permit his name
                or any
                part thereof to be used or employed by or a consultant to any person
                engaged in or concerned with or interested in any mining activity
                

            

    

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              within
                2 kilometers of those properties outlined on the map attached as
Schedule
                5 hereto
                (the “Restricted
                Area”).
                

            

    

     

    
      	
              3.3

            	
              Major
                hereby covenants and
                agrees with all of the other parties that from and after the Closing
                Date
                and for a period that is the last to occur of 5 years from the Closing
                Date and 2 years from the termination howsoever of Major’s consulting
                contract, above, he will not, directly or indirectly, either alone
                or in
                partnership or in conjunction with any persons, as principal, agent,
                shareholder or in any manner whatsoever, solicit any Employee to
                leave
                their employment or engagement with Caldas or its
                affiliates.

            

    

    

    
      	
              3.4

            	
              The
                restrictions in sections 3.2 and 3.3 are separate, distinct, severable,
                reasonable and valid and all defenses to the strict enforcement thereof,
                including the seeking of injunctive relief, by any party hereto are
                hereby
                waived by Major.

            

    

    

    
      	
              3.5

            	
              In
                the event that it is determined, either prior to, during or at any
                time
                following the term of the consulting agreement referred to in section
                3.1
                that during the term of such consulting agreement Major or SyL, directly
                or indirectly, came into possession and/or ownership of any Mining
                Titles
                or Mining Applications located within the Restricted Area they shall
                be
                deemed to be holding such Mining Titles and/or Mining Applications
                in
                trust for Gavilan (or as Gavilan may at the time direct) while maintaining
                same in good standing at their sole expense, and title to, possession
                and
                ownership of the Mining Titles and/or Mining Applications shall be
                transferred to Gavilan (or as Gavilan may at the time direct) forthwith
                and without further consideration at the cost and expense of Gavilan.
                

            

    

    

    4. 
      Right
      of First Refusal

    

    
      	
              4.1

            	
              From
                and after the Closing Date in perpetuity and in priority to a right
                of
                first refusal granted under separate agreement dated substantially
                contemporaneous hereto to Investcol Limited, in the event that either
                of
                Major or SyL directly or indirectly (including through other companies
                or
                other legal entities in which either of Major or SyL own or control
                at
                least 30% of the voting shares or interests of such other companies
                or
                entities) (as the case may be, a “Selling
                Party”),
                stake any claim in respect of any property (a “Restricted
                Property”)
                that is located within 5 kilometres of the boundary of any Caramanta
                Property as such Caramanta Property exists at present, no Selling
                Party
                shall enter into any agreements for the sale, transfer or assignment,
                in
                whole or in part, directly or indirectly, of any such Restricted
                Property
                except upon compliance with this Article 4 and subject to the terms
                and
                conditions hereinafter set forth.

            

    

    

    
      	 	
              (a)

            	
              No
                sale, transfer or assignment of a Restricted Property, in whole or
                in
                part, directly or indirectly, shall be considered by a Selling Party
                unless they shall have first received a bona
                fide
                offer (the "Third
                Party Offer")
                in writing from a third party (the "Third
                Party")
                dealing at arm's length with the Selling Party, to purchase all or
                any
                part of a Restricted Property (the whole or part sought being herein
                referred to as the “Available
                Interest”),
                which offer shall be irrevocable for a period of at least 30
                days;

            

    

    

    
      	 	
              (b)

            	
              if
                the conditions of section 4.1(a) are satisfied and the Selling Party
                is
                prepared to accept the Third Party Offer, the Selling Party shall,
                within
                7 days of the receipt of such offer, deliver to CGL a copy of the
                Third
                Party Offer, together with the Selling Party's offer (the "Selling
                Party's Offer")
                to sell the Available Interest upon the same financial terms and
                conditions as are contained in the Third Party
                Offer;

            

    

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    
      	 	
              (c)

            	
              CGL
                shall have the first right and option to purchase the Available Interest
                to be sold by the Selling Party for a period of 20 days from the
                date of
                receipt of the Selling Party's Offer such right and option to be
                exercised
                before the expiration of such period by notice in writing to the
                Selling
                Party (a failure to respond within such period being deemed a refusal
                of
                the Selling Party’s Offer);

            

    

    

    
      	 	
              (d)

            	
              if
                CGL accepts the Selling Party’s Offer within the time stipulated, it (or
                at its discretion its nominee) shall purchase the Available Interest
                upon
                the same financial terms and conditions as are contained in the Third
                Party Offer, such sale, unless otherwise agreed by the parties, to
                take
                place within 40 days of the end of the aforesaid 20 day period;
                and

            

    

    

    
      	 	
              (e)

            	
              if
                CGL does not accept the Selling Party's Offer within the time stipulated
                in section 4.1(c) hereof, the Selling Party shall accept the offer
                of, and
                complete the transaction with, the Third Party in accordance with
                the
                Third Party Offer within 30 days of the end of the 30 day period
                referred
                to in section 4.1(a), failing which the Third Party Offer shall become
                null and void.

            

    

    

    
      	
              4.2

            	
              The
                provisions of Article 4 shall, in any event, be subject to the compliance
                by the Selling Party and the Third Party with applic-able law and
                the
                obtaining of requisite approvals for transfer thereunder. The time
                periods
                referred to in section 4.1 shall be extended by the amount of time
                of any
                delay or delays occasioned by a regulatory or governmental agency
                which is
                required to give approval to a transfer
                thereunder.

            

    

    

    5. 
      Notice
      Provisions

    

    
      	
              5.1

            	
              Any
                notice, direction or other document required or permitted to be given
                hereunder or for the purposes hereof (hereinafter in this section
                5.1
                called a "notice")
                to any party shall be in writing and shall be sufficiently given
                if
                delivered personally (including by courier), or if sent by prepaid
                registered mail or facsimile to such
                party:

            

    

    

    
      	 	
              (a)

            	
              in
                the case of a notice to CGL at: 
                Suite
                  208, 8 King Street East 
                  Toronto,
                    Ontario Canada 
                    M5C
                      1B5

                    Attention:
                      Randall Martin

                    Fax#:
                      416-361-0883

                  

                

              

            

    

     

    
      	 	
              (b)

            	
              in
                the case of a notice to Caldas at: 
                Suite
                  208, 8 King Street East 
                  Toronto,
                    Ontario Canada 
                    M5C
                      1B5

                    Attention:
                      Tom Lough

                    Fax#:
                      416-361-0883

                  

                

              

            

    

     

    
      	 	
              (c)

            	
              in
                the case of a notice to Gavilan:

               

              prior
                to and including the Closing Date at:

              
                Carrera
                  34, #5G-86 
                  Medellin,
                    Colombia

                

              

            

    

    

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    
      	 	 	
              Attention:
                Chuck Major 
                Fax#:
                  574-268-7478

                 

                from
                  and following the Closing Date at: 
                  Suite
                    208, 8 King Street East 
                    Toronto,
                      Ontario Canada 
                      M5C
                        1B5

                      Attention:
                        Randall Martin

                      Fax#:
                        416-361-0883

                    

                  

                

              

            

    

     

    
      	 	
              (d)

            	
              in
                the case of a notice to SyL at: 
                Carrera
                  34, #5G-86 
                  Medellin,
                    Colombia 
                    Attention:
                      Chuck Major 
                      Fax#:
                        574-268-7478

                    

                  

                

              

            

    

     

    
      	 	(e) 	
              
                in
                  the case of a notice to RNC at:
                  
                    Suite
                      208, 8 King Street East
Toronto, Ontario Canada

                  M5C
                    1B5

                  Attention:
                    Tom Lough

                  Fax#:
                    416-361-0883

                

              

            

    

     

     

    
      	 	(f) 	
              in
                the case of notice to Major at:

              Carrera
                34, #5G-86 
                Medellin,
                  Colombia 

              

              Fax#:
                574-268-7478

            

    

     

    
      	
               

            	
              or
                at such other address as the party to whom such writing is to be
                given
                shall have last notified the party giving the same in the manner
                provided
                in this section. Any notice delivered to the party to whom it is
                addressed
                as hereinbefore provided shall be deemed to have been given and received
                on the day it is so delivered (or couriered) at such address, provided
                that if such day is not a business day in the jurisdiction of the
                recipient then the notice shall be deemed to have been given and
                received
                on the first business day in the jurisdiction of the recipient next
                following such day. Any notice mailed as aforesaid shall be deemed
                to have
                been given and received on the fifth business day in the jurisdiction
                of
                the recipient following the date of its mailing. Any notice transmitted
                by
                facsimile shall be deemed given and received on the first business
                day in
                the jurisdiction of the recipient after its transmission. Notice
                to Major,
                if applicable to the section 1 transactions, shall be deemed notice
                to the
                other selling Gavilan shareholders and notice from Major, if applicable
                to
                the section 1 transactions, shall be deemed notice from the other
                selling
                Gavilan shareholders.

            

    

     

    6. Confidentiality

     

    
      	
              6.1

            	
              The
                parties shall keep confidential any financial, business or other
                information contained in or learned pursuant to this Agreement or
                the
                transactions contemplated hereby in respect of any other party and
                its
                affiliates and shall not disclose any such information to any third
                party,
                unless required to do so by any applicable law or regulatory requirement
                and provided that any such information may be disclosed to the party’s
                advisors on a need to know basis in connection with any arbitration
                or
                litigation with respect to the 

            

    

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              transactions
                contemplated by this Agreement or by applicable law or court order
                (provided that each party shall use all reasonable efforts to ensure
                that
                its advisors keep confidential any information so disclosed to
                them).

            

    

    

    7. General
      Provisions

     

    
      	
              7.1

            	Unless the context otherwise requires, words importing
              the singular only shall include the plural, and vice versa and words
              importing any gender (including the neutral gender) shall include all
              genders. The insertion of section headings is for convenience only
              and
              shall not affect the construction or interpretation of this
              Agreement.

      	
              7.2

            	This Agreement constitutes the entire agreement
              between
              the parties hereto pertaining to the subject matter hereof and supersedes
              all prior contracts, agreements and understandings between the parties
              in
              connection therewith. There are no oral warranties, representations
              or
              other agreements between the parties in connection with the subject
              matter
              hereof, except as specifically set forth or referred to herein. No
              modification, amendment, alteration, waiver or termination of this
              Agreement shall be binding unless executed in writing by the parties
              hereto. 

    

    
      
         

        
          	
                  7.3

                	No waiver of any provision of this Agreement
                  shall be
                  deemed or shall constitute a waiver of any other provision nor
                  shall any
                  such waiver constitute a continuing waiver unless otherwise expressly
                  provided.

          	
                  7.4

                	This Agreement shall be binding upon and shall
                  inure to
                  the benefit of the parties hereto and their respective heirs, executors,
                  legal personal representatives, successors and permitted assigns.
                  Other
                  than as specifically provided herein, no party shall assign this
                  Agreement
                  or the rights, benefits, interests or obligations hereunder, in
                  whole or
                  in part, without the prior written consent of the other parties,
                  such
                  consent not to be unreasonably delayed. 

        

         

        
          	
                  7.5

                	All amounts herein are stated in lawful currency
                  of the
                  United States of America unless otherwise expressly
                  stated.

        

         

        
          	
                  7.6

                	The parties hereto shall, with reasonable diligence,
                  do
                  all such acts and things and provide all such reasonable assurances
                  as may
                  be required to consummate the transactions contemplated hereby,
                  and each
                  party hereto shall provide such further documents or instruments
                  as may be
                  reasonably necessary or desirable to effect the purpose of this
                  Agreement

        

         

        
          	
                  7.7

                	This Agreement shall be binding upon and shall
                  inure to
                  the benefit of the parties hereto and their respective heirs, executors,
                  legal personal representatives, successors and permitted assigns.
                  Other
                  than as specifically provided herein, no party shall assign this
                  Agreement
                  or the rights, benefits, interests or obligations hereunder, in
                  whole or
                  in part, without the prior written consent of the other parties,
                  such
                  consent not to be unreasonably delayed. 

        

         

        
          	
                  7.8

                	If any particular term, condition or other provision
                  of
                  this Agreement shall be found void, voidable or unenforceable for
                  any
                  reason whatsoever in a particular jurisdiction, then such term,
                  condition
                  or other provision shall be deemed severed from the remainder of
                  this
                  Agreement in that jurisdiction and all other terms, conditions
                  and other
                  provisions hereof shall remain in full force and
                  effect.

        

         

        
          	
                  7.9

                	No party hereto shall be liable for any failure
                  or delay
                  in its performance under this Agreement or the transactions contemplated
                  hereby due to causes which are beyond its reasonable control, including,
                  but not limited to, an act of God, act of civil or military authority,
                  fire, epidemic, flood, riot, war, strikes or labor disputes, failure
                  of
                  telecommunications lines, power outages, failure or downtime of
                  data
                  network carriers or

        

         

        
          
            
            

          

          
            8

            
              

            

          

          
            
            

          

        

         

        
          	
                   

                	Internet access providers, sabotage, and governmental
                  action; provided that the delayed party: (i) gives the other party
                  written
                  notice of such cause promptly; and (ii) uses its reasonable efforts
                  to
                  correct such failure or delay in its performance.

        

         

        
          	7.10	Each party shall be responsible for its own
                  costs
                  (including legal and accounting fees and disbursements) incurred
                  in
                  respect of this Agreement and the transactions herein contemplated.
                  

        

         

        
          	
                  7.11

                	No party shall make or issue any disclosure
                  or
                  announcement to the public relating to this Agreement or the transactions
                  contemplated hereby without the prior written approval of CGL and
                  Investcol as to the form and content of the disclosure or announcement.
                  

        

         

        
          	7.12	This Agreement may be executed in any number
                  of
                  counterparts each of which shall be deemed an original and as executed
                  shall constitute one agreement. This Agreement may be executed
                  by
                  facsimile signature.

        

         

        
          	
                  7.13

                	This Agreement shall be governed by the laws
                  of Delaware
                  (excluding any conflicts of law rule or principle which might refer
                  such
                  interpretation to the laws of another
                  jurisdiction).

        

         

        
          	
                  7.14

                	Nothing contained in this Agreement shall create
                  or be
                  deemed to create the relationship of a joint venture, partnership,
                  employer, employee or association among and between the parties
                  or any of
                  them. It is expressly understood and agreed that the parties herein
                  are
                  independent contractors of the other for any and all purposes
                  whatsoever.

        

      

    

     

    DATED
      as
      of the
      date first above written.

     

    
      	
              COLOMBIA GOLDFIELDS LTD.

               

              Per: /s/ R. Martin

              Name: R.
                Martin     

              
                Title: President
                  & CEO    

                I
                  have authority to bind the
                  Company.   

              

            	 
	
               

            	 
	
              CIA MINERA DE CALDAS S.A.

               
Per: /s/ I.
              Park
              Name: I.
                Park

              Title:
                Legal Representative

              
                I have authority to bind the
                  Company.

              

            	
              GAVILAN MINERALES S.A.

               

              Per: /s/ C. Major

              Name: C. Major

              Title: Legal
                Representative

              I have authority to bind the
                Company.

            
	
               

            	
              
                
                   

                

              

            
	CIA SERVICOS LOGISTICOS
              DE
              
                
                  
                    COLOMBIA LTDA.

                     

                    Per:
                      C. Major

                    Title:
                      Legal Representative

                    I
                      have authority to bind the
                      Company. 

                  

                

              

            	
              RNC (COLOMBIA) LIMITED

               

               

              Per: /s/ I. Park

              Title: President

              I have authority to bind the
                Company.

            

    

          

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

     

    /s/
      Chuck
      Major

    _______________________

    CHUCK
      MAJORExhibit 10.1

    SETTLEMENT
      AGREEMENT

    

    

    This
      Settlement Agreement (this "Settlement Agreement") is entered into
      this 15th day
      of
      August, 2006 ("Effective Date") by and between Plaintiffs Language Access
      Network, Inc. ("LAN")
      and Risk Capital Management, LLC ("Risk") (collectively, LAN and Risk are
      referred
      to as
      "Plaintiffs") and Defendant Richard Fitzpatrick ("Fitzpatrick.").

    

    WHEREAS,
      LAN
      filed
      a Complaint for Declaratory Judgment and Request for Expedited Hearing Under
      Civ. R. 57 against Fitzpatrick on May 6, 2006 and Plaintiffs filed an Amended
      Complaint (collectively, the "Complaint") against Fitzpatrick on June 27, 2006
      in Language
      Access Network, et al., v. Fitzpatrick,
      Case No.
      06-CVH-05-5984, Franklin County, Ohio Common Pleas Court (Peterson, J.) (the
      "Litigation");

    

    WHEREAS,
      the
      Complaint sought to recover from Fitzpatrick his stock interest in
      LAN,
      which
      stock interest totals 2,920,000 shares ("Shares");

    

    WHEREAS,
      the
      parties desire to compromise and settle all claims and controversies
asserted
      in the Complaint, and intend that the full terms and conditions of their agreed
      resolution
      be set
      forth in this Settlement Agreement.

    

    NOW, THEREFORE,
      for
      good
      and valuable consideration, the mutual promises, covenants and conditions
      contained herein and other good and valuable consideration, the sufficiency
      of
      which is hereby acknowledged, the parties hereby covenant and agree as
      follows:

    

    PROMISES,
      COVENANTS AND CONDITIONS

    

    1.
      Fitzpatrick
      shall distribute the Shares as follows:

    

    
      	(a)  	
              Fitzpatrick
                shall cause 1,400,000 of his Shares ("Surrendered Shares") to be
                evidenced
                by a new certificate or certificates and endorse such certificate
                or
                certificates to LAN or deliver such certificate or certificates along
                with
                an executed stock power conveying Title in LAN to LAN. LAN acknowledges
                that the Surrendered Shares have been delivered to and received by
                LAN.

            

    

    

    
      	(b)  	
              Fitzpatrick
                shall transfer an aggregate of 150,000 of the shares held by him
                in LAN in
                a private transaction to counsel representing him with regard to
                the
                Litigation ("Attorney Transferees"),
                subject to the terms of this Settlement
                Agreement.

            

    

     

    
      	(c)  	
              Fitzpatrick
                shall retain and/or transfer 1,370,000 of
                e
                shares held him in LAN ("Remaining
                Shares"), subject to the terms of this Settlement
                Agreement.

            

    

     

    2.
      Except
      as
      otherwise provided herein, Fitzpatrick shall not sell, transfer, or otherwise
      convey in a public market more than an aggregate of the following:

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	(a)  	
              20,000
                of the Remaining
                Shares per month for a period of twelve
                (12) months, with the first month ending July 31,
                2006.

            

    

     

    
      	(b)  	
              40,000
                of the Remaining Shares per month after the twelve month period ending
                June 30, 2007, and continuing for each month thereafter until
                depleted.

            

    

     

    
      	3.  	
              The
                parties acknowledge LAN's issuance of correspondence to Pacific Stock
                Transfer on June 30, 2006 permitting Fitzpatrick to sell a portion
                of his
                Remaining Shares and agreeing to the removal of the restrictive legend
                on
                LAN share certificate number 0263.

            

    

     

    
      	4.  	
              In
                the event that Fitzpatrick transfers Remaining Shares in any private
                transaction, then Fitzpatrick shall ensure that each private transferee,
                including subsequent transferees, of the Remaining Shares complies
                with
                the aggregate stock.transfer restrictions of Paragraphs 2(a) or (b),
                as
                applicable. By way of example, If Richard sells 20,000 of the Remaining
                Shares in September, 2006 and gifts 10,000 of the Remaining Shares
                to a
                charity, the recipient must agree in writing that it cannot sell
                the
                gifted shares, unless its sales, when aggregated with Fitzpatrick's
                sales
                are less than the 20,000 or 40,000 share per month limits of Section
                2(a)
                or (b) as applicable.

            

    

     

    
      	5.  	
              The
                per month resale restrictions set forth in Section 2(a) and (b) of
                this
                Settlement Agreement are non-cumulative, meaning that if less than
                the
                permitted amount of shares are sold in any month, the amount of unsold
                shares shall not be carried forward and added to the amount of shares
                permitted to be sold in any following
                month.

            

    

     

    
      	6.  	
              In
                the event of a stock purchase sale or merger wherein all of LAN's
                stock is
                sold to a third party, Fitzpatrick may participate in the transaction
                and
                sell or
                otherwise
                dispose of his Remaining Shares pursuant to that transaction in excess
                of
                the per month restrictions set forth herein and to an extent consistent
                with other similarly situated
                shareholders.

            

    

     

    
      	7.  	
              Prior
                to Fitzpatrick transferring 150,000 of his shares in LAN to the Attorney
                Transferees, such Attorney Transferees must agree in writing not
                to sell,
                or allow a private transferee to
                sell, more than an aggregate of 5,000 shares per month in the public
                market until July 1,
                2007, after which time the Attorney Transferees, along with any private
                transferees, may sell up to an aggregate of 7,500 shares per month
                into
                the public market until depleted. In the event of a stock purchase
                sale or
                merger wherein all of LAN's stock is sold to a third party, the Attorney
                Transferees may participate in the transaction and sell or otherwise
                dispose of their stock pursuant to that transaction in excess of
                the per
                month restrictions set forth herein and to an extent consistent with
                other
                similarly situated shareholders. A copy of the written agreement
                entered
                into by the Attorney Transferees shall be provided to LAN within
                7 days
                after such agreement is fully
                signed.

            

    

     

    
      	8.  	
              Fitzpatrick
                agrees that a breach of the stock transfer restrictions set forth
                in this
                Settlement Agreement constitutes irreparable harm and injury to Plaintiffs
                for which there is not an adequate remedy at law and that, therefore,
                in
                addition to any other rights and remedies, including damages; Plaintiffs
                shall be entitled to specific performance or an injunction restraining
                any
                such breach.

            

    

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    
      	9.  	
              LAN
                may provide a copy of this Settlement Agreement to
                Pacific Stock Transfer Company or any other stock transfer agent
                utilized
                by LAN for the transfer of its shares ("Transfer
                Agent").

            

    

    

    
      	10.  	
              (a) 
                The parties agree that LAN may direct the Transfer Agent to place
                a legend
                on the certificate or certificates making up the Remaining Shares
                and the
                shares transferred to the Attorney Assignees setting forth the existence
                of this Settlement Agreement and the transfer restrictions set forth
                in
                this Settlement Agreement, which legend on the Remaining Shares shall
                state substantially as follows:

               

              
                The
                  transfer of these shares is subject to a Settlement Agreement dated
                  August
                  _ 2006 by
                  and
                  between Language Access Network Inc.
                  ("LAN") and Richard Fitzpatrick and
                  others, which restricts the public sale, transfer or other conveyance
                  of
                  these shares by Fitzpatrick and any private transferee of these
                  shares, to
                  no more than an aggregate of the following:

                

                (1)  20,000
                  of
                  the
                  LAN shares per month for a period of twelve (12) months, with the
                  first
                  month ending July 31, 2006.

                

                (2)  40,000
                  of
                  the
                  LAN shares per month after the twelve month period ending June
                  30, 2007,
                  and continuing for each month thereafter until depleted

                

                This
                  restriction shall not apply in the event of a stock purchase/sale
                  or
                  merger wherein all
                  of LAN's shares
                  are sold to a third party, in which
                  case
                  the shares may be sold in excess of the per month restriction to
                  the
                  extent consistent with other similarly situated
                  shareholders.

                

                (b) 
                  The
                  legend on the shares transferred to the
                  Attorney
                  Transferee Grey Jones under this
                  Settlement Agreement shall state substantially as follows:

                

                The
                  transfer of
                  these
                  shares is subject to a Transfer Agreement dated
                  August
                  , 2006,
                  between Richard Fitzpatrick Grey Jones and David G. LeGrand which
                  restricts the public sale, transfer, or other conveyance of these
                  Language
                  Access Network Inc. ("LAN') shares by Grey Jones, and any private
                  transferee of these shares, to no more than an aggregate of the
                  following:

                

                (1)  1000
                  of the LAN Shares per month for a period of twelve (12) months,
                  with the
                  first month ending July 31, 2006.

                

                (2)  1500
                  of the LAN Shares per month after the twelve month period ending
                  June 30,
                  2007, and continuing for each month thereafter until
                  depleted

                

                This
                  restriction shall not apply in the event of a stock purchase/sale
                  or
                  merger wherein all of Language Access Network's shares are sold
                  to a third
                  party, in which case the shares may be sold in excess of the per
                  month
                  restriction to
                  the extent consistent
                  with other similarly situated
                  shareholders.

              

            

    

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    
      	 	
              
                (c) 
                  The legend on the shares transferred to the Attorney Transferee
                  David G.
                  LeGrand
                  under
                  this Settlement
                  Agreement shall state substantially as follows:

                 

                
                  The
                    transfer of these shares are subject to a Transfer Agreement
                    dated August
                    , 2006, between Richard Fitzpatrick Grey Jones and David G. LeGrand,
                    which
                    restricts the public sale, transfer, or other conveyance of these
                    Language
                    Access Network Inc. ("LAN') shares by David G. LeGrand, and any
                    private
                    transferee of these shares, to no more than an aggregate of the
                    following:

                  

                  (1) 4000
                    of the LAN Shares per month for a period of twelve (12) months,
                    with the
                    first month ending July 31, 2006.

                  

                  (2) 6000 of
                    the
                    LAN Shares per month after the twelve month period ending June
                    30,
                    2007,
                    and continuing for each month thereafter until depleted.

                  

                  This
                    restriction shall not apply in the event of a stock purchase/sale
                    or
                    merger wherein all of LAN's shares are sold to a third, in which
                    case the
                    shares may be sold party in excess of the per month restriction
                    to the
                    extent consistent with other similarly situated
                    shareholders.

                  

                  (d) 
                    Fitzpatrick
                    agrees to provide the certificate or certificates constituting
                    the
                    Remaining
                    Shares
                    and the shares transferred to the Attorney Transferees to the
                    Transfer
                    Agent for the placement of the appropriate legend. All certificates
                    representing any of the
                    Remaining Shares, including any Remaining Shares transferred
                    in private
                    transactions
                    and the shares transferred to the Attorney Transferees, shall
                    continue to
                    bear such legend and all such shares shall continue to be subject
                    to the
                    terms of this Settlement Agreement until such shares are sold
                    in the
                    public market. However, LAN acknowledges that upon execution
                    hereof, other
                    than as restricted by the terms of that certain Lock Up Agreement
                    dated
                    March 27, 2006 or by applicable law, there shall be no restrictions
                    other
                    than as imposed by this Settlement Agreement upon Fitzpatrick,
                    the
                    Attorney Transferees or recipients of Remaining Shares from Fitzpatrick
                    in
                    private transactions, or as set otherwise set forth in this paragraph.
                    Specifically, LAN does not object to an assertion that the Remaining
                    Shares and the shares to be transferred to the Attorney Transferees
                    under
                    this Agreement have been held by Fitzpatrick for more than 2
                    years.

                

              

            

    

    
       

      
        	11.  	
                (a)
                  Fitzpatrick agrees that he will not make statements or representations,
                  or
                  otherwise communicate, directly or indirectly, in writing, orally,
                  or
                  otherwise, or take any action which may, directly or indirectly,
                  disparage
                  the Plaintiffs or any of their respective officers, directors,
                  employees,
                  advisors, businesses or reputations. 
                  

                  (b)  The
                    Plaintiffs, and their respective officers and directors, agree
                    to not make
                    statements or representations, or otherwise communicate, directly
                    or
                    indirectly, in writing, orally, or otherwise, or take any action
                    which
                    may, directly or indirectly, disparage Fitzpatrick or his business
                    or
                    reputation.

                  

                  (c)  Notwithstanding
                    the foregoing, nothing in this Agreement shall preclude either
                    Fitzpatrick
                    or the Plaintiffs and their respective officers and directors
                    from
                    making

                

              

      

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

    

    

    
      	  	
              
                truthful
                  statements or disclosures that are required by applicable law,
                  regulation
                  or governmental entity with authority over Plaintiffs' business,
                  or as
                  part of a legal process, including either party's defense of a
                  third party
                  legal action. Further, Plaintiffs and their respective officers
                  and
                  directors may indicate that Fitzpatrick's departure from LAN occurred
                  as
                  of
                  May 1, 2006 and that as part of the departure, 1,400,000 shares
                  were
                  returned to LAN, which accounts for approximately one half of
                  Fitzpatrick's holdings.

                

                (d) Fitzpatrick
                  agrees to LAN's issuance of a press release regarding the Surrendered
                  Shares, which press release was issued on July 6,
                  2006.

              

            

    

     

    
      	12.  	
              Within
                14 days after the Effective Date, Fitzpatrick shall execute an irrevocable
                proxy for the voting of the Remaining Shares in his possession in
                favor
                of
                the
                Board
                of Director's
                of
                LAN, and agrees
                to refrain from attending meetings of the shareholders notwithstanding
                the
                receipt of a form invitation to attend such meeting. The parties
                agree
                that such proxy shall be deemed to be coupled with an interest to
                the
                extent required for irrevocable proxies under the corporate law of
                the
                State of Nevada.

            

    

    

    
      	13.  	
              The
                parties agree that Fitzpatrick's service as Chief Executive Officer,
                Treasurer and Board Member of LAN ended effective May 1, 2006 and
                further
                agree that the purported July 15, 2005 Independent Contractor Agreement
                between Global Institute for Gaming Innovation, Inc. and Richard
                G.
                Fitzpatrick is null and void ab
                initio (from
                the beginning) and is not, and has never been, of any binding effect
                or
                force.

            

    

    

    
      	14.  	
              (a)
                The parties hereto, for themselves and for their respective predecessors,
                successors, affiliates, assigns, heirs, executors, administrators,
                and
                legal representatives release and forever discharge each other, and
                all
                related
                companies and entities, and all of their respective predecessors,
                successors, subsidiaries, divisions, employees, officers, officials,
                directors, stockholders, representatives, attorneys, assigns and
                agents of
                and from all claims, demands, damages, fees, expenses, actions, causes
                of
                action or suits in equity, or whatever kind or nature
                whether heretofore or hereafter accruing, or whether now known or
                not
                known to the parties, asserted or not asserted in this Litigation
                as a
                claim or counter-claim, which arise from or are related to the allegations
                set forth in the Complaint, the Litigation, Fitzpatrick's service
                and
                status as CEO, Treasurer, Board Member or shareholder of LAN (including,
                but not limited to, any claims by Fitzpatrick for compensation or
                salary,
                whether on not on the books of LAN), or the operation of and actions
                by
                and on behalf of LAN that occurred any time on or prior to the Effective
                Date.

               

              (b)
                Notwithstanding the foregoing, Fitzpatrick
                shall be entitled to indemnification in the event of claims against
                Fitzpatrick by persons not a party to this Settlement Agreement relating
                to his activities on behalf of LAN to the extent provided for by
                LAN in
                its bylaws or by agreement, or by applicable law, and LAN shall be
                entitled to any and all defenses to any such claim for indemnification
                and
                to seek recovery from Fitzpatrick of any payments made pursuant to
                such
                claim for indemnification to the extent provided in the LAN bylaws
                or by
                agreement, or applicable law. Further, LAN, its officers and directors
                reserve the right to seek indemnification, contribution and other
                appropriate recovery from Fitzpatrick in the event LAN has a claim
                filed
                or pursued against it by a

            

    

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

       

    

    
      	  	
              third
                party for which LAN, its officers
                and/or directors believe Fitzpatrick is wholly or partially
                responsible or liable.

            

    

     

    
      	15.  	
              Within
                two (2) days after the Effective Date LAN shall file or cause its
                counsel
                to file an appropriate notice pursuant to Ohio Civ. R. 41(a) dismissing
                with prejudice the Complaint.

            

    

    

    
      	16.  	
              The
                parties hereto expressly represent and warrant that they have received
                independent advice from their respective attorneys with regard to
                the
                settlement provided for herein and with respect to the advisability
                of
                executing this Settlement Agreement. The parties have not relied
                on any
                statements, representations, omissions, inducements or promises in
                executing this Settlement Agreement except as expressly stated
                herein.

            

    

    

    
      	17.  	
              As
                executed, this Settlement Agreement shall constitute the entire agreement
                between the parties with respect to the subject matter hereof and
                shall
                supersede all prior oral or written agreements and undertakings between
                them respecting the subject matter hereof. The parties hereto further
                agree that this Settlement Agreement has been drafted utilizing input
                from
                each of them and that none of them separately shall be construed
                to have
                drafted it for purposes of interpreting this document should it be
                necessary to do so. This Settlement Agreement shall not be modified,
                altered or discharged except by a writing signed by all of the parties
                hereto.

            

    

    

    
      	18.  	
              This
                Settlement Agreement is binding upon, and shall inure to the benefit
                of
                the parties and their respective agents, employees, representatives,
                officers, directors, subsidiaries, predecessors, successors and
                assigns.

            

    

    

    
      	19.  	
              This
                Settlement Agreement shall be interpreted under and governed by laws
                of
                the State of Ohio.

            

    

    

    
      	20.  	
              This
                Settlement Agreement may be executed in any number of counterparts,
                each
                of which shall be deemed an original. All such counterparts shall
                together
                constitute but one and the same
                documents.

            

    

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

     

    IN
      WITNESS WHEREOF, the
      parties hereby execute this
      Settlement Agreement consisting of 7 pages, including signatures, intending
      to
      be legally approved.

    

    RICHARD
      FITZPATRICK

    

    /s/
      Richard Fitzpatrick

    Richard
      Fitzpatrick

    

    DATE:_____________

    

    

    LANGUAGE
      ACCESS NETWORK, INC.

    

    

    BY:
      /s/
      Andrew Panos

    Andrew
      Panos

    

    ITS:
      President

    

    DATE:
      August 11, 2006

    

    

    

    RISK
      CAPITAL MANAGEMENT, LLC

    

    

    BY:
      /s/Hall
      Risk

    Hall
      Risk

    

    ITS:
      Member

    

    DATE:
      August 12, 2006

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

    

    TRANSFER
      AGREEMENT

     

    This
      Transfer Agreement (this "Transfer Agreement") is entered into effective the
      ___
      day of August,
      2006 ("Effective Date") by and between Richard Fitzpatrick ("Fitzpatrick"),
      Grey
      Jones
      ("Jones), David G. LeGrand (LeGrand) and Language Access Network,
      Inc.

     

    WHEREAS,
      LAN
      filed
      a Complaint for Declaratory Judgment and Request for Expedited Hearing Under
      Civ. R. 57 against Fitzpatrick on May 6, 2006 and Plaintiffs filed an Amended
      Complaint (collectively, the "Complaint") against Fitzpatrick on June 27, 2006
      in Language
      Access Network, et al., v. Fitzpatrick,
      Case No.
      06-CVH-05-5984, Franklin County, Ohio Common Pleas Court (Peterson, J.) (the
      "Litigation");

     

    WHEREAS,
      the
      Complaint sought to recover from Fitzpatrick his stock interest in
      LAN,
      which
      stock interest totaled 2,920,000 shares ("Shares");

    

    WHEREAS,
      pursuant
      to a Settlement Agreement of even date herewith, the parties to the Litigation
      compromised and settled all claims and controversies asserted in the
      Complaint,

    

    WHEREAS,
      pursuant
      to and in accordance with the Settlement Agreement, Fitzpatrick is
      authorized to transfer 150,000 LAN shares to Jones and LeGrand as the "Attorney
      Transferees" as such term
      is
      defined in the Settlement Agreement,

    

    NOW, THEREFORE,
      for
      good
      and valuable consideration, the mutual promises, covenants and conditions
      contained herein and other good and valuable consideration, the sufficiency
      of
      which is hereby acknowledged, the parties hereby covenant and agree as
      follows:

    

    
      	1.  	
              Fitzpatrick
                shall deliver to Jones 30,000 LAN shares as full and
                final payment
                for legal services in connection with the
                Litigation.

            

    

     

    
      	2.  	
              Fitzpatrick
                shall deliver to LeGrand 120,000 LAN shares as full and final payment
                for
                legal
                services in connection with the Litigation_ 100,000 LAN shares shall
                be
                transferred upon
                execution hereof and the balance of 20,000 LAN shall be delivered
                on
                October 1, 2006.

            

 

    
      	3.  	
              Except
                as otherwise provided herein, the public sale, transfer, or other
                conveyance of Jones'
                shares by Jones, and any private transferee of these shares, shall
                be
                restricted, in
                the aggregate, to no more than the
                following:

            

    

     

    
      	(a)  	
              1000
                of the LAN Shares per month for a period of twelve (12) months, with
                the first
                month ending July 31, 2006.

            

    

    

    
      	(b)  	
              1500
                of the LAN Shares per month after the twelve month period ending
                June 30,
                2007, and continuing for each month thereafter until
                depleted.

            

    

     

    
      	4.  	
              Except
                as otherwise provided herein, the public
                sale, transfer,
                or other conveyance of
                LeGrand's shares by LeGrand, and any private transferee of these
                shares,
                shall be restricted, in the aggregate, to no more than the
                following:

            

      	(a)  	
              4000
                of the LAN Shares per month for a period of twelve (12) months, with
                the
                first month ending July 31,
                2006.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, the
      parties hereby execute this
      Transfer Agreement consisting of 3 pages, including signatures, intending to
      be
      legally approved.

    

    Richard
      Fitzpatrick

    

    /s/
      Richard Fitzpatrick

    Richard
      Fitzpatrick

    

    DATE:_____________

    

    Grey
      Jones

    

    /s/
      Grey Jones

    

    DATE:
      August
      10, 2006

    

    David
      G. LeGrand

    

    /s/
      David G. LeGrand

    

    DATE:
      _____________

    LANGUAGE
      ACCESS NETWORK, INC.

    

    By:
      /s/ Andrew Panos

    Andrew
      Panos

    

    Its:
      President

    

    DATE:
      August 11, 2006

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00110-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00110-of-00352.parquet"}]]