Document:

MINERAL PROPERTY PURCHASE AGREEMENT

                  THIS AGREEMENT dated for reference June 24, 2005.

BETWEEN:

                  DAVID HEYMAN, at 6964A 224th Street, Langley, BC, V2Y 2K5;

                  (the "Vendor")

                                                              OF THE FIRST PART

AND:

                  WILDON  PRODUCTIONS INC., a company  incorporated  pursuant to
                  the laws of Nevada with its registered office at 500 n Rainbow
                  Blvd, Suite 300A Las Vegas, Nevada, 89107;

                  (the "Purchaser")

                                                             OF THE SECOND PART

W H E R E A S :

A.                The  Vendor  is  the  registered  and beneficial  owner of two
mineral  claims located in the Kamloops  Mining  Division,  British  Columbia at
latitude 50(0)44'N and longitude 120(0)54'W,  which claims are more particularly
described  in Schedule "A"  attached  hereto which forms a material  part hereof
(collectively, the "Claims");

B.                The Vendor has agreed to sell and the  Purchaser has agreed to
purchase a 100% right,  interest  and title in and to
the Claims upon the terms and conditions hereinafter set forth;

                  NOW THEREFORE THIS AGREEMENT  WITNESSETH that in consideration
of the mutual covenants and provisos herein contained,  THE PARTIES HERETO AGREE
AS FOLLOWS:

1.                VENDOR'S REPRESENTATIONS

1.1               The Vendor represents and warrant to the Purchaser that:

         (a)      The Vendor is  the  registered  and  beneficial  owners of the
                  Claims and collectively  holds the right to transfer title  to
                  the Claims and to explore and develop the Claims;

         (b)      The  Vendor  holds  the  Claims  free and clear of all  liens,
                  charges and claims of others,  and the Vendors have a free and
                  unimpeded  right of access to the Claims and  have use  of the
                  Claims surface for the herein purposes;

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         (c)      The  Claims have been duly and validly located and recorded in
                  a good and miner-like  manner pursuant to the laws of  British
                  Columbia  and are in  good  standing  in  British  Columbia as
                  of the date of this Agreement;

         (d)      There are no adverse claims or challenges  against  or to  the
                  Vendor's  ownership  of  or  title to any of the Claims nor to
                  the knowledge of the Vendor is there any basis  therefor,  and
                  there are no  outstanding  agreements or options to acquire or
                  purchase the Claims or any portion thereof;

         (e)      The Vendor has the full right, authority and capacity to enter
                  into this Agreement without first obtaining the consent of any
                  other person  or  body  corporate  and the consummation of the
                  transaction  herein contemplated  will  not  conflict  with or
                  result in any breach of any covenants or agreements  contained
                  in, or constitute a default  under,  or result in the creation
                  of any encumbrance under  the  provisions  of  any  indenture,
                  agreement  or  other  instrument  whatsoever  to  which either
                  Vendor is a party or by which they are bound or  to which they
                  are subject; and

         (f)      No  proceedings are pending for, and the  Vendor is unaware of
                  any basis for, the  institution of any proceedings which could
                  lead to the placing of either  Vendor in bankruptcy, or in any
                  position similar to bankruptcy.

1.2               The  representations  and  warranties of the Vendor set out in
                  paragraph 1.1 above form a  part  of  this  Agreement and  are
                  conditions  upon which the Purchaser has  relied  in  entering
                  into this Agreement and shall survive the acquisition  of  any
                  interest in the Claims by the Purchaser.

2.                THE PURCHASER'S REPRESENTATIONS

                  The Purchaser warrants and represents to the Vendor that it is
a body corporate,  duly incorporated  under the laws of the state of Nevada with
full power and absolute capacity to enter into this Agreement and that the terms
of this Agreement have been authorized by all necessary corporate acts and deeds
in order to give effect to the terms hereof.

3.                SALE OF CLAIMS

3.1               The  Vendor  hereby sells, grants and devises to the Purchaser
a 100% undivided right, title and interest in and to the Claims in consideration
of the Purchaser paying $2,500 to the Vendor.

4.                CLOSING

                  The sale and  purchase of the  interest in the Claims shall be
closed at 11:00am on June 24,  2005 at the  offices  of the  Purchaser,  or such
other place and time acceptable to both parties. At closing:

         (a)      the Vendor shall  deliver  to  the Purchaser  a  bill  of sale
                  absolute  with  respect  to the transfer of a 100% interest in
                  the Claims; and

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         (b)      the  Purchaser  shall  concurrently  deliver  to   the  Vendor
                  certificate  representing  the  Shares  that  have  been  duly
                  authorized for issuance.

5.                FORCE MAJEURE

                  If the  Purchaser  is  prevented  from or delayed in complying
with any  provisions of this  Agreement by reason of strikes,  labour  disputes,
lockouts,  labour  shortages,  power  shortages,   fires,  wars,  acts  of  God,
governmental  regulations  restricting  normal operations or any other reason or
reasons  beyond  the  control  of  the  Purchaser,  the  time  limited  for  the
performance  of the various  provisions of this Agreement as set out above shall
be extended by a period of time equal in length to the period of such prevention
and delay,  and the  Purchaser,  insofar as is  possible,  shall  promptly  give
written  notice  to  the  Vendor  of the  particulars  of the  reasons  for  any
prevention or delay under this section,  and shall take all reasonable  steps to
remove the cause of such  prevention  or delay and shall give written  notice to
the Vendor as soon as such cause ceases to exist.

6.                ENTIRE AGREEMENT

                  This  Agreement  constitutes  the  entire  agreement  to  date
between  the  parties   hereto  and   supersedes   every   previous   agreement,
communication,   expectation,  negotiation,   representation  or  understanding,
whether oral or written, express or implied, statutory or otherwise, between the
parties with respect to the subject matter of this Agreement.

7.                NOTICE

7.1               Any  notice  required  to be  given under this Agreement shall
be deemed to be well and  sufficiently  given if delivered to the other party at
its  respective  address  first noted  above,  and any notice given as aforesaid
shall be deemed to have been given, if delivered,  when delivered, or if mailed,
on the fourth business day after the date of mailing thereof.

7.2               Either party may from time to time by notice in writing change
its address for the purpose of this paragraph.

8.                RELATIONSHIP OF PARTIES

                  Nothing  contained  in this  Agreement  shall,  except  to the
extent specifically authorized hereunder, be deemed to constitute either party a
partner, agent or legal representative of the other party.

9.                FURTHER ASSURANCES

                  The parties hereto agree to do or cause to be done all acts or
things necessary to implement and carry into effect the provisions and intent of
this Agreement.

10.               TIME OF ESSENCE

                  Time shall be of the essence of this Agreement.

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11.               TITLES

                  The  titles to the  respective  sections  hereof  shall not be
deemed a part of this  Agreement  but shall be  regarded as having been used for
convenience only.

12.               CURRENCY

                  All funds referred to under the terms of this Agreement  shall
be funds designated in the lawful currency of the United States of America.

13.               NONSEVERABILITY

                  This  Agreement  shall be considered and construed as a single
instrument  and the failure to perform any of the terms and  conditions  in this
Agreement  shall  constitute a violation or breach of the entire  instrument  or
Agreement and shall constitute the basis for cancellation or termination.

14.               APPLICABLE LAW

                  The situs of the Agreement is Vancouver, British Columbia, and
for all purposes this  Agreement  will be governed  exclusively by and construed
and enforced in accordance  with the laws  prevailing in the Province of British
Columbia.

15.               ENUREMENT

                  This  Agreement  shall  enure to the benefit of and be binding
upon the Parties hereto and their respective successors and assigns.

                  IN WITNESS  WHEREOF this Agreement has been executed as of the
day and year first above written.

                                                 WILDON PRODUCTIONS INC.

                                            PER:
------------------------------                   ------------------------------
DAVID HEYMAN                                      Authorized Signatory

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                                  SCHEDULE "A"

The  Claims  referred  to in this  Agreement  consist  of three  mineral  claims
totalling  206.829  hectares.  The claims are  located  in the  Kamloops  Mining
Division on map sheet NTS 921 10W.  The  pertinent  property  information  is as
follows:

 -------------------------------------------------------------------------------
   Tenure       Recorded Holder     # of Units     Mining            Number of
   Number                                          Division          Hectares
--------------------------------------------------------------------------------
   513964       David Heyman           9           Kamloops           184.097
--------------------------------------------------------------------------------
   519904       David Heyman           6           Kamloops           122.732
--------------------------------------------------------------------------------
                                      15                              206.829
--------------------------------------------------------------------------------EX-10.1

Exhibit 10.1

SETTLEMENT AGREEMENT

SETTLEMENT AGREEMENT, dated this 5th day of May, 2006 (“Agreement”), among Knightspoint
Partners II, L.P.; Knightspoint Capital Management II LLC; Knightspoint Partners LLC; Michael S.
Koeneke; David M. Meyer; Starboard Value and Opportunity Master Fund Ltd.; Parche, LLC; Admiral
Advisors, LLC; Ramius Capital Group, LLC; C4S & Co., LLC; Peter A. Cohen; Jeffrey M. Solomon;
Morgan B. Stark; Thomas W. Strauss; Black Sheep Partners, LLC; Brian Black and Peter M. Weil (the
foregoing individuals and entities being collectively referred to herein as the “Knightspoint
Group”), and Ashworth, Inc., a Delaware corporation (the “Company”).

WHEREAS, the Knightspoint Group (i) has publicly filed and amended a preliminary proxy
statement on Schedule 14A (the “Proxy Statement”) with the Securities and Exchange Commission (the
“SEC”) and indicated that it intends to solicit proxies for the election of its own opposition
slate of nominees (the “Proxy Solicitation”) to the Company’s Board of Directors (the “Board”), and
(ii) has taken certain actions in furtherance thereof; and

WHEREAS, the Company and the members of the Knightspoint Group have determined that the
interests of the Company and its stockholders would be best served by avoiding the substantial
expense, disruption and adverse publicity that would result from the Proxy Solicitation.

NOW, THEREFORE, in consideration of the foregoing premises and the respective representations,
warranties, covenants, agreements and conditions hereinafter set forth, and, intending to be
legally bound hereby, the parties hereby agree as follows:

1. New Directors; 2006 Annual Meeting of Stockholders (the “2006 Annual Meeting”); Related
Matters.

(a) In accordance with the Company’s Bylaws and pursuant to the Board’s written consent
attached hereto as Exhibit A, effective May 8, 2006, the Company shall,

(i) increase the size of the Board by two (2) and fill the newly created seats by
appointing each of Peter M. Weil and David M. Meyer as a director to the Board to serve on
Class II and Class III, respectively, which individuals hereby consent to their appointment
to the Board and future nomination as contemplated by Paragraph 1(b) below;

(ii) authorize the further increase in the size of the Board by one (1) to be effective
upon the appointment of a new director (the “Third Director”) to the Board to serve as a
Class II Director, which Third Director shall be mutually agreed upon as soon as practicable
by the Knightspoint Group, on the one hand, and the Company’s current Board, on the other,
and at such time the Board shall take all appropriate action, to the extent within the power
of the Board and permitted by applicable state law, to move Mr. Weil so that he will serve
as a Class I director;

(iii) create a Special Committee of the Board, which shall have oversight
responsibility for the Company’s strategic alternatives process and may take part in the
daily activities of the process, to the extent it deems appropriate, and will promptly
report all deliberations and recommendations to the Company’s full Board for the Board’s
information and consideration of binding action. The Special Committee shall consist of
five (5) Board members, including Mr. Meyer and Mr. Weil and three (3) Board members
selected by the Company’s current Board; and

(iv) appoint Mr. Meyer to the Compensation and Human Resources Committee of the Board.

(b) The Company shall (i) cause to be nominated for election as directors to the Board at the
2006 Annual Meeting each of: (x) the existing directors whose terms are currently scheduled to
expire at the 2006 Annual Meeting and any directors that are otherwise required to be put up for
election at the 2006 Annual Meeting; (y) David M. Meyer to serve as Class III director, and (z)
Peter M. Weil and the Third Director to serve as Class I and Class II directors, respectively,
provided that the Third Director has been agreed to prior to the date that definitive proxy
materials relating to the 2006 Annual Meeting are filed with the SEC, and if the Third Director has
not been agreed to prior to such date then Peter M. Weil shall be nominated to serve as a Class II
director (the persons listed in clauses (x), (y) and (z), are collectively referred to herein as
the “2006 Nominees”), (ii) publicly support and recommend that the Company’s stockholders vote to
elect the 2006 Nominees to the Board at the 2006 Annual Meeting, (iii) include the foregoing
recommendation in the Company’s proxy materials for the 2006 Annual Meeting, and (iv) solicit
authority (and the Company’s form of proxy shall so solicit) to vote for the 2006 Nominees at the
2006 Annual Meeting. The Company shall use all commercially reasonable efforts to solicit proxies
and votes in favor of the election of the 2006 Nominees at the 2006 Annual Meeting. Once the
Company and the members of the Knightspoint Group reach agreement on the Third Director, the Board
shall take all appropriate action, to the extent permitted by applicable state law, to move
Mr. Weil from Class II to Class I, and to appoint the Third Director to serve as a Class II
director, so that Mr. Weil shall serve as a Class I director.

(c) The members of the Knightspoint Group, shall vote, and shall use their commercially
reasonable efforts to cause their respective Affiliates and Associates (as defined in Section 11
hereof) as identified in the Schedule 13D filed by the Knightspoint Group with the SEC on March 23,
2006, as amended (the “Schedule 13D”), to vote, all Voting Securities (as defined in Section 11
hereof) which they are entitled to vote at the 2006 Annual Meeting (i) in favor of the election of
each of the 2006 Nominees to the Board, and (ii) in accordance with the recommendation of the Board
with respect to the ratification of auditors.

(d) Knightspoint Group hereby withdraws (i) its nominations of Michael S. Koeneke, David M.
Meyer, Michael Hecht, Andrea Weiss, Peter M. Weil and Michael Glazer (and any substitutions for
such individuals) for election to the Board at the 2006 Annual Meeting and (ii) each of the other
proposals set forth in the Knightspoint Group notice dated December 22, 2005 (the “Notice”) and any
other stockholder proposal with respect to the 2006 Annual Meeting. The Knightspoint Group will
promptly file an amendment to the Schedule 13D, reporting the entry into this Agreement, amending
applicable items to conform to its obligations hereunder and appending this Agreement and the Press
Release (as hereinafter defined) as exhibits thereto.

(e) The 2006 Annual Meeting shall be held on July 17, 2006 or within 30 days thereafter. The
Company and the Board shall not submit any matters to a stockholder vote at the 2006 Annual Meeting
other than: (i) the election of the 2006 Nominees to the Board, (ii) the ratification of the
appointment of the Company’s outside auditor, and (iii) any stockholder proposals that are timely
submitted pursuant to Rule 14a-8(e) of the Exchange Act that the Company is required to submit to a
stockholder vote pursuant to Rule 14a-8 of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”).

(f) The Company agrees that the members of the Knightspoint Group shall be entitled to
nominate directors and propose other business at the 2007 annual meeting of stockholders (the “2007
Annual Meeting”), provided that such members comply with all applicable provisions of the Company’s
Bylaws, as currently in effect, and the Company will not take any action to preclude members of the
Knightspoint Group from nominating directors or proposing other business at the 2007 Annual
Meeting, but any such nomination or proposal must be submitted in compliance with the applicable
provisions of the Company’s Bylaws, as currently in effect, and other applicable law. If the Third
Director is not elected to the Board at the 2006 Annual Meeting, the Company shall cause the Third
Director to be nominated for election to the Board at the 2007 Annual Meeting, to serve as a Class
II director, publicly support and recommend that the Company’s stockholders vote to elect the Third
Director to the Board at the 2007 Annual Meeting, and solicit authority (and the Company’s proxy
shall so solicit) to vote for the Third Director at the 2007 Annual Meeting. The obligation to
appoint the Third Director in this Section 1(f), and the related obligation to move Mr. Weil from
Class II to Class I upon the appointment of the Third Director that is set forth in the last
sentence of Section 1(b), shall survive termination provided that this Agreement is not terminated
on or before the date of the 2006 Annual Meeting.

(g) The Company agrees that the Special Committee created pursuant to Section 1(a)(iii) above
shall remain in place until the earlier to occur of (i) a completed sale of the Company, (ii) two
years after the date hereof, or (iii) such time as 80% of its members shall agree to disband. The
obligation for the Special Committee to remain in place as set forth in this Section 1(g) shall
survive termination provided that this Agreement is not terminated on or before the date of the
2006 Annual Meeting.

2. TERMINATION DATE. This Agreement shall remain in full force and effect and shall
be fully binding on the parties hereto in accordance with the provisions hereof until the earlier
of (i) one hundred thirty (130) days prior to the date of the 2007 Annual Meeting and (ii) ten (10)
days before the date by which stockholder notices must be delivered to the Company for the 2007
Annual Meeting pursuant to the applicable provisions of the Company’s Bylaws (the “Termination
Date”). In the event the Company (on the one hand) or any member of the Knightspoint Group (on the
other hand) materially breaches any of their respective obligations hereunder, and such breach, to
the extent curable, is not cured within ten (10) days of receiving written notice thereof from the
non-breaching party, then the obligations, and restrictions imposed, under this Agreement on the
non-breaching party shall terminate.

3. STANDSTILL.

(a) So long as the Company has not breached this Agreement, each member of the Knightspoint
Group severally, and not jointly, agrees that during the period commencing on the date hereof and
ending on the Termination Date, without the prior written consent of the Board specifically
expressed in a written resolution adopted by a majority vote of the entire Board, he, she or it
will not, and will cause each of his, her or its officers, agents and other Persons, including any
Affiliates or Associates identified in the Schedule 13D, but excluding the “Other Reporting
Persons” (except for Peter M. Weil) as defined in the Schedule 13D, acting on his, her or its
behalf not to:

(i) engage, or in any way participate, directly or indirectly, in any “solicitation”
(as such term is defined in Rule 14a-1(l) promulgated by the SEC under the Exchange Act) of
proxies or consents (whether or not relating to the election or removal of directors),
advise, encourage or influence any Person (as defined in Section 11 hereof) with respect to
the voting of any Voting Securities with respect to the 2006 Annual Meeting in a manner that
is inconsistent with the terms of this Agreement; or otherwise “solicit” (as such term is
defined in Rule 14a-1(l) promulgated by the SEC under the Exchange Act) stockholders of the
Company for the approval of stockholder proposals whether made pursuant to Rule 14a-8 or
Rule 14a-4 or exempt solicitations pursuant to Rule 14a-2(b)(1) Rule 14a-2(b)(2) under the
Exchange Act or otherwise induce or encourage any other Person to initiate any such
stockholder proposal;

(ii) form, join or in any way participate in any “group” (within the meaning of
Section 13(d)(3) of the Exchange Act) with respect to any Voting Securities, other than a
“group” that includes all or some lesser number of the Persons identified as “Reporting
Persons” in the Schedule 13D, but does not include any other members who are not currently
identified as Reporting Persons;

(iii) other than as previously disclosed in the Schedule 13D, deposit any Voting
Securities in any voting trust or subject any Voting Securities to any arrangement or
agreement with respect to the voting of any Voting Securities, except as expressly set forth
in this Agreement;

(iv) enter into any arrangements, understanding or agreements (whether written or oral)
with, or advise, finance, assist or encourage, any other Person in connection with any of
the foregoing, or make any investment in or enter into any arrangement with, any other
Person that engages, or offers or proposes to engage, in any of the foregoing;

(v) discuss or communicate any confidential information with respect to the Company and
its business, including but not limited to information related to the evaluation of any
strategic alternatives under consideration by the Board, with Michael Hecht; or

(vi) take or cause or induce others to take any action inconsistent with any of the
foregoing.

It is understood and agreed that the foregoing shall not be deemed to prohibit (y) any of the
members of the Knightspoint Group who are directors of the Company from engaging in any lawful acts
that they deem appropriate in the exercise of their fiduciary duties as directors of the Company or
(z) any members of the Knightspoint Group from making any public statements regarding the Company
in response to any public communication or announcement with respect to the Company, including,
without limitation, in connection with any public proposal, stockholder vote or with respect to any
publicly proposed strategic alternatives related to the Company, but not including any public
statement with respect to the stockholder vote at the 2006 Annual Meeting regarding the 2006
Nominees.

4. RELEASE.

(a) The Knightspoint Group hereby agrees for the benefit of the Company, and each officer,
director, stockholder, agent, affiliate, employee, attorney, assigns, predecessor, and successor,
past and present, of the Company (the Company and each such person being a “Company Released
Person”) as follows: The Knightspoint Group, for themselves and for their members, officers,
directors, assigns, agents, and successors, past and present, hereby agree and confirm that,
effective from and after the date of this Agreement, they hereby acknowledge full and complete
satisfaction of, and covenant not to sue, and forever fully release and discharge each Company
Released Person of, and hold each Company Released Person harmless from, any and all rights,
claims, warranties, demands, debts, obligations, liabilities, costs, attorneys’ fees, expenses,
suits, losses, and causes of action (“Claims”) of any nature whatsoever, whether known or unknown,
suspected or unsuspected, arising in respect of or in connection with the Proxy Solicitation,
including the nomination and election of directors at the 2006 Annual Meeting or the other
proposals contained in the Notice, occurring any time or period of time on or prior to the date of
this Agreement (including the future effects of such occurrences, conditions, acts or omissions).

(b) The Company hereby agrees for the benefit of the Knightspoint Group, and each member,
officer, director, stockholder, agent, affiliate, employee, attorney, assign, predecessor, and
successor, past and present, of the Knightspoint Group (the Knightspoint Group and each such person
being a “Knightspoint Group Released Person”) as follows: The Company, for itself and for its
officers, directors, assigns, agents, and successors, past and present, hereby agrees and confirms
that, effective from and after the date of this Agreement, it hereby acknowledges full and complete
satisfaction of, and covenants not to sue, and forever fully releases and discharges each
Knightspoint Group Released Person of, and hold each Knightspoint Group Released Person harmless
from, any and all rights, claims, warranties, demands, debts, obligations, liabilities, costs,
attorneys’ fees, expenses, suits, losses, and causes of action (“Claims”) of any nature whatsoever,
whether known or unknown, suspected or unsuspected, arising in respect of or in connection with the
Proxy Solicitation, any Schedule 13D or proxy filings made prior to the date hereof or in respect
of or in connection with the nomination and election of directors at the 2006 Annual Meeting or the
other proposals contained in the Notice, occurring any time or period of time on or prior to the
date of this Agreement (including the future effects of such occurrences, conditions, acts or
omissions).

5. REPRESENTATIONS AND WARRANTIES OF THE KNIGHTSPOINT GROUP. Each of the members of
the Knightspoint Group severally, and not jointly, represents and warrants as follows:

(a) Each member of the Knightspoint Group has the power and authority to execute, deliver and
carry out the terms and provisions of this Agreement and to consummate the transactions
contemplated hereby.

(b) This Agreement has been duly and validly authorized, executed, and delivered by each
member of the Knightspoint Group, constitutes a valid and binding obligation and agreement of each
such member, and is enforceable against each such member in accordance with its terms.

(c) The members of the Knightspoint Group, together with their Affiliates and Associates,
beneficially own, directly or indirectly, as of the date hereof, an aggregate of in excess of
1,000,000 shares of Common Stock of the Company as set forth in SCHEDULE A attached hereto which
constitutes all of the Voting Securities of the Company beneficially owned by the members of the
Knightspoint Group and their Affiliates and Associates.

(d) The execution, delivery and performance of this Agreement by each member of the
Knightspoint Group does not and will not violate or conflict with (i) any law, rule, regulation,
order, judgment or decree applicable to it, or (ii) result in any breach or violation of or
constitute a default (or an event which with notice or lapse of time or both could become a
default) under or pursuant to, or result in the loss of a material benefit under, or give any right
of termination, amendment, acceleration or cancellation of, any organizational document, agreement,
contract, commitment, understanding or arrangement to which such member is a party or by which it
is bound.

(e) No consent, approval, authorization, license or clearance of, or filing or registration
with, or notification to, any court, legislative, executive or regulatory authority or agency is
required in order to permit such member to perform such member’s obligations under this Agreement,
except for such as have been obtained.

6. REPRESENTATIONS AND WARRANTIES OF THE COMPANY. The Company hereby represents and
warrants as follows:

(a) The Company has the corporate power and authority to execute, deliver and carry out the
terms and provisions of this Agreement and to consummate the transactions contemplated hereby.

(b) This Agreement has been duly and validly authorized, executed and delivered by the
Company, constitutes a valid and binding obligation and agreement of the Company, and is
enforceable against the Company in accordance with its terms.

(c) The execution, delivery and performance of this Agreement by the Company does not and will
not violate or conflict with (i) any law, rule, regulation, order, judgment or decree applicable to
it, or (ii) result in any breach or violation of or constitute a default (or an event which with
notice or lapse of time or both could become a default) under or pursuant to, or result in the loss
of a material benefit under, or give any right of termination, amendment, acceleration or
cancellation of, any organizational document, agreement, contract, commitment, understanding or
arrangement to which the Company is a party or by which it is bound.

(d) No consent, approval, authorization, license or clearance of, or filing or registration
with, or notification to, any court, legislative, executive or regulatory authority or agency is
required in order to permit the Company to perform its obligations under this Agreement, except for
such as have been obtained.

7. SPECIFIC PERFORMANCE. Each of the members of the Knightspoint Group, on the one
hand, and the Company, on the other hand, acknowledges and agrees that irreparable injury to the
other party hereto would occur in the event any of the provisions of this Agreement were not
performed in accordance with their specific terms or were otherwise breached and that such injury
would not be adequately compensable in damages. It is accordingly agreed that the members of the
Knightspoint Group, on the one hand, and the Company, on the other hand (the “Moving Party”), shall
each be entitled to specific enforcement of, and injunctive relief to prevent any violation of, the
terms hereof and the other party hereto will not take action, directly or indirectly, in opposition
to the Moving Party seeking such relief on the grounds that any other remedy or relief is available
at law or in equity. The Company and each member of the Knightspoint Group hereby agree to waive
any requirements relating to the securing or posting of any bond in connection with seeking any
remedy hereunder.

8. PRESS RELEASE. As soon as practicable following the execution and delivery of this
Agreement, the Company and the Knightspoint Group shall issue the joint press release attached
hereto as Exhibit B (the “Press Release”). None of the parties hereto will prior to the
Termination Date make any public statements (including in any filing with the SEC or any other
regulatory or governmental agency, including any stock exchange) that are inconsistent with, or
otherwise contrary to, the statements in the Press Release issued pursuant to this Section 8,
unless otherwise required by law. Notwithstanding the foregoing, following the date hereof, none
of the members of the Knightspoint Group, including their Affiliates or Associates identified in
the Schedule 13D, shall prior to the Termination Date issue or cause the publication of any press
release or other public announcement with respect to this Agreement, the Company, its management or
the Board or the Company’s business without prior written consent of the Board, provided, however,
that the Knightspoint Group may (i) file a new Schedule 13D or an amendment or amendments to the
Schedule 13D in accordance with Section 1(c) of this Agreement or as otherwise required by law,
(ii) make other filings as required by law, (iii) make any announcement or communication that is
consistent with its obligations pursuant to Section 3 hereof, including, without limitation, any
public announcements or positions as it deems appropriate to the extent the Company or a
stockholder of the Company makes a public announcement regarding an extraordinary transaction of
any kind or nature involving the Company, or (iv) make filings or public announcements that the
2006 Nominees upon election to the Board deem appropriate in the exercise of their fiduciary
duties.

9. EXPENSES. Not later two (2) business days following receipt of all appropriate
written documentation evidencing the reasonable, documented out-of-pocket fees and expenses listed
in Exhibit C attached hereto, the Company shall reimburse the Knightspoint Group for such expenses
incurred in connection with the Proxy Solicitation, including without limitation, its Schedule 13D
and preliminary proxy statement filings, each as amended, and the negotiation and execution of this
Agreement and all related activities and matters.

10. NO WAIVER. All waivers of this Agreement shall be in writing. Any waiver by
either the Representative (as hereinafter defined) or the Company of a breach of any provision of
this Agreement shall not operate as or be construed to be a waiver of any other breach of such
provision or of any breach of any other provision of this Agreement. The failure of either the
Representative or the Company to insist upon strict adherence to any term of this Agreement on one
or more occasions shall not be considered a waiver or deprive that party of the right thereafter to
insist upon strict adherence to that term or any other term of this Agreement.

11. CERTAIN DEFINITIONS. As used in this Agreement, (a) the term “Person” shall mean
any individual, partnership, corporation, group, syndicate, trust, government or agency, or any
other organization, entity or enterprise; (b) the terms “Affiliates” and “Associates” shall have
the meanings set forth in Rule 12b-2 under the Exchange Act and shall include Persons who become
Affiliates or Associates of any Person subsequent to the date hereof; and (c) the term “Voting
Securities” shall mean any securities of the Company entitled to vote in the election of directors
of the Company, or securities convertible into or exercisable or exchangeable for such securities,
whether or not subject to the passage of time or other contingencies.

12. SUCCESSORS AND ASSIGNS. Neither this Agreement nor any right, interest or
obligation hereunder may be assigned by any party hereto without the prior written consent of the
other parties hereto and any attempt to do so will be void. Subject to the preceding sentence,
this Agreement is binding upon, inures to the benefit of and is enforceable by the parties hereto
and their respective successors and assigns.

13. SURVIVAL. Provided that this Agreement is not terminated on or before the date of
the 2006 Annual Meeting, the Company’s obligations with respect to the appointment of the Third
Director and retaining the Special Committee in place as specified in Sections 1(f) (including the
related obligation to move Mr. Weil from Class II to Class I upon the appointment of the Third
Director that is set forth in the last sentence of Section 1(b)) and (g) hereto shall survive
termination. The provisions of Section 4 of this Agreement shall survive the Termination Date. In
addition, all representations and warranties made by the parties in this Agreement under Sections 5
and 6 shall survive until the Termination Date.

14. ENTIRE AGREEMENT; AMENDMENTS. This Agreement contains the entire understanding of
the parties hereto with respect to its subject matter. There are no restrictions, agreements,
promises, representations, warranties, covenants or undertakings other than those expressly set
forth herein. This Agreement may be amended, modified or waived only by a written instrument duly
executed by the parties hereto or their respective successors or assigns.

15. HEADINGS. The section headings contained in this Agreement are for reference
purposes only and shall not affect in any way the meaning or interpretation of this Agreement.

16. NOTICES. All notices, demands and other communications to be given or delivered
under or by reason of the provisions of this Agreement shall be in writing and shall be deemed to
have been given (a) when delivered by hand (with written confirmation of receipt), (b) upon sending
if sent by e-mail or facsimile, with electronic confirmation of sending; provided, however, that a
copy is sent on the same day by registered mail, return receipt requested, in each case to the
appropriate mailing and e-mail or facsimile addresses set forth below (or to such other mailing,
facsimile and e-mail addresses as a party may designate by notice to the other parties in
accordance with this provision), (c) upon receipt, after being sent by a nationally recognized
overnight carrier to the addresses set forth below (or to such other mailing addresses as a party
may designate by notice to the other parties in accordance with this Section 16) or (d) when
actually delivered if sent by any other method that results in delivery (with written confirmation
of receipt):

If to the Company:

Ashworth, Inc.

2765 Loker Avenue West

Carlsbad, CA 92008

Attn: Corporate Secretary

with a copy to:

Gibson, Dunn & Crutcher LLP

4 Park Plaza, Suite 1400

Irvine, CA 92614

Attn: Mark W. Shurtleff, Esq.

Telecopy: (949) 451-4220

Email: mshurtleff@gibsondunn.com

If to the Knightspoint Group:

David M. Meyer

c/o Knightspoint Partners LLC

787 Seventh Avenue, 9th Floor

New York, New York 10019

with a copy to:

McDermott Will & Emery LLP

227 West Monroe Street

Chicago, IL 60606

Attention: Stanley H. Meadows, Esq.

Telecopy: (312) 984-7700

Email: smeadows@mwe.com

or to such other address as the Person to whom notice is given may have previously furnished to the
others in writing in the manner set forth above.

17. GOVERNING LAW. This Agreement shall be governed by and construed and enforced in
accordance with the laws of the State of Delaware without reference to the conflict of laws
principles thereof. Each party hereto agrees, on behalf of itself and its Affiliates and
Associates, that any actions, suits or proceedings arising out of or relating to this Agreement or
the transactions contemplated hereby will be brought solely and exclusively in the courts of the
State of Delaware and/or the courts of the United States of America located in the State of
Delaware (and the parties agree not to commence any action, suit or proceeding relating thereto
except in such courts), and further agrees that service of any process, summons, notice or document
by U.S. registered mail to the respective addresses set forth in Section 16 will be effective
service of process for any such action, suit or proceeding brought against any party in any such
court. Each party, on behalf of itself and its Affiliates and Associates, irrevocably and
unconditionally waives any objection to the laying of venue of any action, suit or proceeding
arising out of this Agreement or the transactions contemplated hereby, in the courts of the State
of Delaware or the United States of America located in the State of Delaware, and hereby further
irrevocably and unconditionally waives and agrees not to plead or claim in any such court that any
such action, suit or proceeding brought in any such court has been brought in any inconvenient
forum. Any judgment rendered by a Delaware court may be enforced in any other jurisdiction in the
United States. Nothing in this Section 17 shall prevent any of the parties hereto from enforcing
its rights under this Agreement or shall impose any limitation on any of the parties or their
respective past, present or future general partners, directors, officers, or employees in defending
any claim, action, cause of action, suit, administrative action or proceeding of any kind,
including, without limitation, any federal, state or other governmental proceeding of any kind,
against any of them. The rights and remedies provided in this Agreement are cumulative and do not
exclude any rights or remedies provided by law.

18. COUNTERPARTS. This Agreement may be executed in counterparts, each of which shall
be an original, but all of which together shall constitute one and the same Agreement.

19. KNIGHTSPOINT GROUP REPRESENTATIVE. Each member of the Knightspoint Group hereby
irrevocably appoints David M. Meyer as such member’s attorney-in-fact and representative (the
“Representative”), in such member’s place and stead, to do any and all things and to execute any
and all documents and give and receive any and all notices or instructions in connection with this
Agreement and the transactions contemplated hereby. The Company shall be entitled to rely, as
being binding on each member of the Knightspoint Group, upon any action taken by the Representative
or upon any document, notice, instruction or other writing given or executed by the Representative.

20. SEVERABILITY. If any terms, provision, covenant or restriction of this Agreement
is held by a court of competent jurisdiction to be invalid, void or unenforceable, the remainder of
the terms, provisions, covenants and restrictions of this Agreement shall remain in full force and
effect and shall in no way be affected, impaired or invalidated. It is hereby stipulated and
declared to be the intention of the parties that the parties would have executed the remaining
terms, provisions, covenants and restrictions without including any of such which may be hereafter
declared invalid, void or unenforceable. In addition, the parties agree to use all commercially
reasonable efforts to agree upon and substitute a valid and enforceable term, provision, covenant
or restriction for any of such that is held invalid, void or enforceable by a court of competent
jurisdiction.

21. LITIGATION EXPENSES. In the event of any litigation among any of the parties
hereto concerning this Agreement or the transactions contemplated hereby, the prevailing party in
such litigation shall be entitled to reimbursement from the party opposing such prevailing party of
all reasonable attorneys’ fees and costs incurred in connection therewith

22. NO ADMISSION. Nothing contained herein shall constitute an admission by any party
hereto of liability or wrongdoing. The obligations of the members of the Knightspoint Group
hereunder shall be several and not joint. The Company acknowledges and agrees that in no event
shall the Other Reporting Persons, as defined in the Schedule 13D, except for Peter M. Weil, be
obligated or liable with respect to any of the matters set forth in this Agreement.

1

IN WITNESS WHEREOF, and intending to be legally bound hereby, each of the undersigned parties
has executed or caused this Agreement to be executed on the date first above written.

ASHWORTH, INC.

By: /s/ Randall L. Herrel, Sr.

Name: Randall L. Herrel, Sr.

Title: President and Chief Executive Officer

 

KNIGHTSPOINT PARTNERS II, L.P.

By: /s/ David Meyer

Name: David Meyer

Title: Managing Member

KNIGHTSPOINT CAPITAL

MANAGEMENT II LLC

By: /s/ David Meyer

Name: David Meyer

Title: Managing Member

KNIGHTSPOINT PARTNERS LLC

By: /s/ David Meyer

Name: David Meyer

Title: Managing Member

2

STARBOARD VALUE AND

OPPORTUNITY MASTER FUND LTD.

PARCHE, LLC

ADMIRAL ADVISORS, LLC

By: RAMIUS CAPITAL GROUP, LLC

Its: Managing Member

By: C4S & CO., LLC

Its: Managing Member

RAMIUS CAPITAL GROUP, LLC

By: C4S & CO., LLC

Its: Managing Member

C4S & CO., LLC

By: /s/ Morgan Stark

Name: Morgan Stark

Title: Authorized Signatory

3

BLACK SHEEP PARTNERS, LLC

By: /s/ Brian Black

Name: Brian Black

Title: Managing Member

/s/ Michael S. Koeneke

Michael S. Koeneke

/s/ David Meyer

David M. Meyer

/s/ Peter A. Cohen

Peter A. Cohen

/s/ Jeffrey M. Solomon

Jeffrey M. Solomon

/s/ Morgan B. Stark

Morgan B. Stark

/s/ Thomas W. Strauss

Thomas W. Strauss

/s/ Brian Black

Brian Black

/s/ Peter M. Weil

Peter M. Weil

4

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