Document:

OPTION AGREEMENT

 

THIS OPTION AGREEMENT (“Option”)
is made this 29th day of October, 2014 (the “Effective Date”) by and among MOJAVE GOLD MINING CORPORATION,
a Wyoming corporation (“Mojave”) and ROCKY MOUNTAIN MINERALS CORPORATION, a Nevada corporation (“Rocky
Mountain”) and a wholly-owned subsidiary of Bullfrog Gold Corp., a Delaware corporation).

 

 

RECITALS

 

		A.	Mojave warrants that it solely holds and possesses the purchase rights to 100% of the 12 patented mining claims located in
Nye County, Nevada as more particularly described on the records of Nye County as follows (hereafter the “Property”):

 

 CLAIMLEGAL DESCRIPTION 

 

Polaris FractionT12S R46 E S10 P# 46273 BK 21D PG
492 S#2426

Mineral Survey No. 2426, Patent No. 41378

 

Inaugural Fraction T12S R46 E S10 P# 46273 BK 21D PG 492
S#2426

Mineral Survey No. 2426, Patent No. 41378

 

Three PeachesT12S R46 E S10 P# 46273 BK 21D PG 492 S#2426

Mineral Survey No. 2426, Patent No. 41378

 

Little Fraction T12S R46 E S10 P# 46273 BK 46D PG 545 S#2471A

Mineral Survey No. 2471A, Patent No. 46272

 

Indian JohnnieT12S R46 E S10 P# 46273 BK 46D PG 545 S#2471A

Mineral Survey No. 2471A, Patent No. 46272

 

ShoshoneT12S R46 E S10 P# 46273 BK 46D PG 545 S#2471A

Mineral Survey No. 2471A, Patent No. 46272

 

DelMonte FractionT12S R46 E S10
P#46274 S#2385 BK 48D PG 176 S#2510A

Mineral Survey No. 2501A, Patent No.
46272

 

Shoshone TwoT12S R46 E S10 P# 46273 BK 46D PG 545 S#2471A

Mineral Survey No. 2471A, Patent No. 46272

 

Shoshone ThreeT12S R46 E S10 P# 46273 BK 46D PG 545 S#2471A

Mineral Survey No. 2471A, Patent No. 46272

 

    	 

    	 

    

Oro GrandeT12S R46E S2&3 P#46911 BK 20D PG 11 S#2470

Mineral Survey No. 2470, Patent No. 46911

 

Shoshone ExtensionT12S R46E S2&3 P#46911 BK 20D PG 11
S#2&3&10

Mineral Survey No. 2470, Patent No. 46911

 

GreenhornT12S R46E S2&3
P#46911 BK 20D PG 11 S#2&3&10&11

Mineral Survey No. 2470, Patent No.
46911

 

		B.	Mojave warrants that it owns the sole, exclusive and immediate working right to enter on and conduct mining operations on the
property as Mojave in its sole and absolute discretion, including without limitation, the right to conduct geological investigations
and surveys, drill on the properties, mine by any method, remove, produce, process, mill, prepare for market, store, sell dispose
of all ores, minerals and metals , which are or may be found thereon or therein by any means or as Mojave deems necessary.

 

		C.	Mojave warrants that it has the sole and exclusive right to make an assignment of its rights in any manner not inconsistent
with those rights and hereby warrants that its rights are not inconsistent with this Agreement.

 

		D.	Mojave’s rights are derived from an Option to Purchase Agreement dated October 1, 2014, by and between W. David Weston
and Ronald George the owners of the said property and Mojave. The parties acknowledge that W. David Weston is the President and
principal shareholder of Mojave.

 

NOW THEREFORE, for valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, Mojave and Rocky Mountain agree as follows:

 

 

1. DEFINITIONS

 

1.1Definitions. The following terms, wherever
used in this Agreement, shall have the meanings set forth below:

 

(a)“Closing”
means the date to be mutually agreed upon between the parties.

 

(b)“Data”
means all information and knowledge, in whatever form, paper, electronic or otherwise, relating to the Property and Area of Interest,
including but not limited to, geologic reports, drill core, assay results, geophysical reports, geochemical reports,
technical data, analysis, and compilations, feasibility reports, environmental reports, etc.

    	 

    	 

    

 

(c)“Minerals”
shall mean any products of value derived from the Property;

 

(d)“Mining Operations”
means every kind of work done on or in respect of the Property or the product derived from the Property during the Term by, on
the behalf of or under the direction of Rocky Mountain including, without limiting the generality of the foregoing, the work of
assessment, geophysical, geochemical and geological surveys, studies and mapping, investigating, drilling, designing, examining,
equipping, improving, surveying, bulk sampling and processing such samples, shaft-sinking, raising, cross-cutting and drifting,
searching for, digging, trucking, sampling, working and procuring minerals, including stone, crushed rock or aggregate, ores and
metals, surveying and bringing any mining claims to lease or patent, the construction and maintenance of necessary access roads,
drill site preparation, and all other work usually considered to be prospecting, exploration, development and mining work; in paying
wages and salaries of workers engaged in the work and in supplying food, lodging, transportation and other reasonable needs of
the workers including the costs of creating and maintaining a camp on or near the Property; in paying assessments or premiums for
workers’ compensation insurance, contributions for unemployment insurance or other pay allowances or benefits customarily
paid in the district to those workers; in paying rentals, license renewal fees, taxes and other governmental charges required to
keep the Property in good standing in accordance with the laws of the County of Nye, State of Nevada, United States, including
the costs of claim renewal fees and permits; in purchasing or renting plant, buildings, machinery, tools, appliances, equipment
or supplies and in installing, erecting, detaching and removing them; mining, milling, concentrating, rehabilitation, reclamation
and environmental protection, including the cost of resolving any environmental problems associated with the work on the Property
including from creating drill sites or access roads that may affect any grounds or waters surrounding the Property as may be required
by any governmental agency or otherwise, and in the management of any work which may be done on the Property or in any other respect
necessary for the due carrying out of the prospecting, exploration and development work;

 

(e)“Net Smelter
Return” means the proceeds received by Rocky Mountain from any smelter or other purchaser from the sale of any ores,
concentrates or minerals produced from the Property;

 

(f)“Option”
means the right granted by Mojave to Rocky Mountain to acquire up to a 100% undivided right, title and interest in and to the Property
as provided in Section 4 hereof;

    	 

    	 

    

 

(g)“Royalty”
means the net smelter return royalty schedule described in Exhibit “A” attached hereto;

 

(h)“Term”
means the period during the term of this Agreement from the Effective Date to and including the date of exercise of the Option;

 

1.2Headings. The headings of this Agreement
and the exhibits are solely for convenience of reference and do not affect the interpretation of it or define, limit or construe
the contents of any provision of this Agreement.

 

1.3Number and Gender. Words importing the singular
number shall include the plural and vice versa, words importing the neuter gender shall include the masculine and feminine genders,
and words importing persons shall include firms and corporations and vice versa.

 

1.4Governing Law.  This Agreement and the rights
and obligations and relations of the parties shall be governed by and construed in accordance with the laws of the State of Utah
and the federal laws of the United States applicable therein (but without giving effect to any conflict of law rules). The parties
agree that the courts of the State of Utah shall have jurisdiction to entertain any action or other legal proceedings based on
any provisions of this Agreement. Each party attorns to the jurisdiction of the courts of the State of Utah.

 

1.5Currency. All references to currency in this
Agreement are references to the lawful currency of the United States unless otherwise specifically stated.

 

2. REPRESENTATIONS AND WARRANTIES

 

2.1Mojave Representations and Warranties. Mojave
represents and warrants to Rocky Mountain that:

 

(a)Mojave has been duly
incorporated and validly exists as a corporation in good standing under the laws of the State of Wyoming;

 

(b)Mojave, at the time of
transfer to Rocky Mountain of an ownership interest in the patented mining claims comprising the Property, will have the sole and
exclusive right to transfer the patented mining claims comprising the Property free and clear of all liens, other than the obligations
pursuant to the Option to Purchase between Mojave, W. David Weston and Ronald George, dated October 1, 2014.

 

    	 

    	 

    

( c)the patented mining
claims comprised in the Property have been duly and validly located and recorded, and are in good standing in the office of the
mining recorder or such other applicable regulatory agency having jurisdiction over the Property;

 

(d)there are no known adverse
claims or challenges against or to the ownership of or title to any of the patented mining claims comprising the Property, nor
to the knowledge of Mojave is there any basis therefore;

 

(e)Mojave has duly obtained
all authorizations for the execution of this Agreement and for the performance of this Agreement by it, 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 any indenture, agreement or other instrument
whatsoever to which Mojave is a party or by which it is bound or to which it may be subject, nor does it conflict with any applicable
law by which Mojave is bound; and

 

(f)No proceedings are pending
for, and Mojave is unaware of any basis for the institution of any proceedings leading to, the dissolution or winding up, or the
placing of Mojave in bankruptcy or subject to any other laws governing the affairs of insolvent persons.

 

(g)Mojave has no other surface
or mineral interests and agrees to not acquire any such interests within 2 miles of the outer boundary of the Property.

 

2.2Waiver and Survival. The representations
and warranties contained in Section 2.1 are provided for the exclusive benefit of Rocky Mountain, have been relied upon by Rocky
Mountain in entering into this Agreement and a breach of any one or more thereof may be waived by Rocky Mountain in whole or in
part at any time without prejudice to its rights in respect of any other breach of the same or any other representation or warranty;
and the representations and warranties contained in Section 2.1 will survive Closing hereunder.

 

2.3Rocky Mountain’s Representations, Warranties
and Covenants. Rocky Mountain represents and warrants to Mojave that:

 

(a)Rocky Mountain has been
duly incorporated and validly exists as a corporation in good standing under the laws of the State of Nevada;

 

(b)it has duly obtained
all corporate authorizations for the execution of this Agreement and for the performance of this Agreement by it, 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, the Articles or the constituting documents
of Rocky Mountain or any shareholders’ or directors’ resolution, indenture, agreement or other instrument whatsoever
to which Rocky Mountain is a party or by which it is bound or to which it may be subject, nor does it conflict with any applicable
law by which Rocky Mountain is bound; and

 

( c)no proceedings are pending
for, and Rocky Mountain is unaware of any basis for the institution of any proceedings leading to, the dissolution or winding up
of Rocky Mountain or the placing of Rocky Mountain in bankruptcy or subject to any other laws governing the affairs of insolvent
persons.

 

2.4Waiver and Survival.  The representations
and warranties contained in Section 2.3 are provided for the exclusive benefit of Mojave, have been relied upon by Mojave in entering
into this Agreement and a breach of any one or more thereof may be waived by Mojave in whole or in part at any time without prejudice
to it rights in respect of any other breach of the same or any other representation or warranty; and the representations and warranties
contained in Section 2.3 will survive Closing hereunder.

 

3. ACQUISITION AND EXERCISE OF THE
OPTION

 

3.1Grant of Option. Mojave hereby grants to
Rocky Mountain the sole and immediate working right and option with respect to the Property, for the period from the Effective
Date of this Agreement until the 10th anniversary of the Effective Date, to earn a One Hundred Percent (100%) interest
in and to the Property (the “Option”) free and clear of all charges encumbrances and claims, save and except for the
Royalty.

 

3.2Exercise of the Option.  In order to maintain
in force the working right and Option granted to it, and to exercise the Option, Rocky Mountain must:

 

A.Convey to Mojave 750,000
common shares of capital stock and the sum of six thousand dollars ($6,000).

 

		B.	In addition pay to Mojave an additional sum of US $ 200,000 in the amounts on or before the dates as set forth below:

 

	Payment Date:	Payment Amount:
	Effective Date	$10,000.00 

    	 

    	 

    

 

	1st Anniversary of Effective Date	$10,000.00 
	2nd Anniversary of Effective Date	$15,000.00 
	3rd Anniversary of Effective Date	$15,000.00 
	4th Anniversary of Effective Date	$20,000.00 
	5th Anniversary of Effective Date	$20,000.00 
	6th Anniversary of Effective Date	$25,000.00 
	7th Anniversary of Effective Date	$25,000.00 
	8th Anniversary of Effective Date	$30,000.00 
	9th Anniversary of Effective Date	$30,000.00 

 

In the event commercial production is achieved
prior to completion of the payment schedule as described above, the balance due shall become payable upon such event. For purposes
herein, the date that commercial production is achieved shall be the first day of the first full month of production after no less
than 90% sustained material throughput of processing plant nameplate capacity has been achieved for a period of not less than three
continuous months.

 

Upon Rocky Mountain making all cash payments
to Mojave as set forth above, Rocky Mountain shall have exercised the Option and shall have earned a one hundred percent (100%)
interest in and to the Property free and clear of all charges encumbrances and claims, save and except for the Royalty. Upon exercise
of the Option, Mojave shall deliver to Rocky Mountain, or such designee as Rocky Mountain may designate, within thirty (30) days
an executed and recorded version of the Quitclaim Deed and Reservation of Royalty Interest in substantially the same form as set
forth in Exhibit “A” (the “Recorded Quitclaim Deed”).

 

3.4Royalty.  Upon Mojave’s delivery of
the Recorded Quitclaim to Rocky Mountain, Rocky Mountain shall pay to Mojave a Royalty as set forth in the Recorded Quitclaim Deed.
Notwithstanding the forgoing, at Rocky Mountain’s sole and absolute discretion prior to the commencement of commercial production,
Rocky Mountain shall have the right at any time to purchase or buy-down up to one half of any, each or all of the three Royalty
components from Mojave by making payments of US$500,000 per 0.25% of base net smelter return royalties for Gold, Silver and/or
Other Products to Mojave, which shall be exercised only in whole percentage points. In the event that Rocky Mountain exercises
the right to purchase or buy-down the Royalty, Mojave shall deliver to Rocky Mountain any documents as Rocky Mountain may require,
in its sole and absolute discretion, evidencing such reduction of Mojave’s Royalty interest. For clarification,

    	 

    	 

    

the parties understand that any royalty payments made by Rocky
Mountain to Mojave prior to the election to purchase the Royalty may not be credited toward the purchase or buy-down price.

 

	 	
        Base Net Smelter

        Return Royalty (%)
	
        Average Market Price

        in Troy oz.
	Maximum Buy-Down Net Smelter Return Royalty (%)
	GOLD	1.0	less than $1,200	.50
	 	1.5	$1,201 to $1,600	.75
	 	2.0	$1,601 to $2,000	1.00
	 	2.5	$2,001 to $2,400	1.25
	 	3.0	$2,401 to $2,800	1.50
	 	3.5	$2,801to $3,200	1.75
	 	4.0	Greater than $3,200	2.0
	 	 	 	 
	SILVER	1.0	Less than $15	.50
	 	1.5	$15.01 to $30 	.75
	 	2.0	$30.01 to $45	1.00
	 	2.5	$45.01 to $60	1.25
	 	3.0	$60.01 to $75	1.50
	 	3.5	$75.01 to $90	1.75
	 	4.0	Greater than $90	2.0
	 	 	 	 
	OTHER	2.0	As determined by product	1.00

 

3.5Working Right. During the Term, Rocky Mountain
shall have the sole and exclusive working right to enter on and conduct the Mining Operations on the Property as Rocky Mountain
determines or chooses in its sole and absolute discretion. Rocky Mountain shall have quiet and exclusive possession from the date
of this agreement and thereafter during the currency of the working right and option, with full power and authority to Rocky Mountain,
its servants, agents,

    	 

    	 

    

workers or contractors, to carry on Mining Operations in searching
for minerals in such manner as Rocky Mountain in its discretion may determine, including the right to erect, bring and install
on the Property all buildings, plant, machinery, equipment, tools, appliances or supplies as Rocky Mountain shall deem necessary
and proper and the right to remove therefrom reasonable quantities of rocks, ores and minerals and to transport them for the purposes
of sampling, metallurgical testing and assaying. All Mining Operations conducted by Rocky Mountain shall be in accordance with
good exploration, development and mining practice, and in compliance with all applicable legislation.

 

3.6Operator. During the Term, Rocky Mountain
shall be the Operator of the work to be carried out on the Property and shall be free to contract out such parts of the work as
it should choose in its sole and absolute discretion.

 

3.7Maintaining the Property.  During the Term,
Rocky Mountain shall pay all of the applicable property taxes and fees necessary to keep the Property in good standing and file
such assessment material as may be required under the laws of the County of Eureka, the State of Nevada and the United States.
Notwithstanding the forgoing and in acknowledgment that the entitlement rights to the Property shall remain in the name of Mojave
until such time as exercise of the Option, Mojave shall cooperate with and assist Rocky Mountain with the preparation of documentation
required for the payment of such taxes and fees. In the event that Mojave fails to cooperate with and assist Rocky Mountain with
the preparation of documentation required for the payment of such taxes and fees, Mojave hereby grants Rocky Mountain the full
power of attorney to make all such payments and take all actions necessary or prudent, in Rocky Mountain’s sole and absolute
discretion, to preserve the property, and any such reasonable costs incurred by Rocky Mountain shall be deducted from any cash
payments due Mojave pursuant to Section 3.2(a) hereunder.

 

3.8Option to Purchase Property Only. This Agreement
is an option to purchase only. Rocky Mountain shall not earn any interest in the Property until it has completed all of the payments
in Section 3.2 herein.

 

3.9Transfer of Title on Exercise.  Within thirty
(30) days following the exercise of the Option, Mojave will prepare, execute and deliver to Rocky Mountain all transfer documents
necessary to effect the transfer and registration of an undivided one hundred percent (100%) interest in and to the Property into
the name of Rocky Mountain.

 

4. OBLIGATIONS OF ROCKY MOUNTAIN
DURING OPTION PERIOD

 

    	 

    	 

    

4.1Mojave Access to Property. During the Term,
and prior to the exercise of the Option by Rocky Mountain, Rocky Mountain will permit the directors, officers, employees and designated
consultants of Mojave, at their own risk, access to the Property at all reasonable times, provided that Mojave agrees to indemnify
Rocky Mountain against, and to save it harmless from, all costs, claims, liabilities and expenses that Rocky Mountain may incur
or suffer as a result of any injury (including injury causing death) to any director, officer, employee or designated consultant
of Mojave while on the Property.

 

4.2Annual Report of Results.  During the Term,
Rocky Mountain will deliver to Mojave within three (3) months after
the anniversary of each calendar year a full report (including up-to-date
maps if there are any) describing the results of work done in the last completed calendar year.

 

4.3Workmanship, Reclamation.  During the Term,
Rocky Mountain will do all work on the Property in a good and workmanlike fashion and in accordance with all applicable laws, regulations,
orders and ordinances of any applicable governmental authority including conducting all reclamation required by the applicable
regulatory authorities with respect to the work conducted by Rocky Mountain on the Property.

4.4Indemnity.  Rocky Mountain shall indemnify
and save Mojave harmless from and against all losses, liabilities, claims, demands, damages, expenses, suits, injury or death in
any way referable to Mining Operations conducted; provided, that Mojave shall not be indemnified for any loss, liability, claim,
demand, damage, expense, injury or death resulting from the negligence or willful misconduct of Mojave, or its employees, agents
or contractors. Rocky Mountain shall cause to be paid all workers and wage earners employed by it or its contractors on the Property
and all materials purchased in connection with it.

 

4.5Reports on Assays.  During the Term, Rocky
Mountain will deliver to Mojave forthwith after receipt by Rocky Mountain any and all assay results for samples taken from the
Property, together with reports showing the location from which the samples were taken and the type of samples.

 

4.7Property Taxes.  Rocky Mountain shall, with
the assistance of and in consultation with Mojave, file the necessary documentation for paying the Nye county taxes upon coming
due.

 

4.8Project Work Commitments. Rocky
Mountain shall expend no less than $100,000 per year and a total sum of $500,000 as a minimum
work commitment for the benefit of the Property, which shall also include work performed within one-half mile of the Property boundary,
prior to the 5th anniversary of the Effective Date.

 

    	 

    	 

    

Any
amount expended by Rocky Mountain in any given year in excess of the amounts as set forth above shall be credited toward the minimum
work commitment expenditures for the following years. In the event that Rocky Mountain does not meet the minimum work commitment
in any given year as set forth above, then Rocky Mountain shall make cash payments to Mojave equal to the difference between the
minimum amount required and the amount actually expended multiplied by 50%, provided however, that such payment shall not be due
for a given year in which Rocky Mountain terminates this Agreement.

 

5. COVENANTS OF ROCKY MOUNTAIN AND
MOJAVE

 

5.1Covenants of Rocky Mountain.  Rocky Mountain
covenants and agrees with Mojave that so long as Rocky Mountain is the Operator of the work
carried out on the Property:

 

 

(a)It will maintain the
Property in good standing and will pay all rentals, rates, duties, royalties, assessments, fees, taxes or other government charges
levied with respect to the Property or Rocky Mountain’s operations thereon which shall fall due during the Term. Notwithstanding
the forgoing, and in acknowledgment that all rights to entitlement of the Property shall remain in the name of Mojave until such
time as exercise of the Option, Mojave shall cooperate with and assist Rocky Mountain with the preparation of documentation required
for the payment of such rentals, rates, duties, royalties, assessments, fees, taxes or other government charges levied with respect
to the Property or Rocky Mountain’s operation thereon which shall fall due during the Term. In the event that Mojave fails
to cooperate with and assist Rocky Mountain with the preparation of documentation required for the payment of such rentals, rates,
duties, royalties, assessments, fees, taxes or other government charges levied with respect to the Property or Rocky Mountain’s
operation thereon which shall fall due during the Term, Mojave hereby grants Rocky Mountain the full power of attorney to make
all such payments and take all actions necessary or prudent, in Rocky Mountain’s sole and absolute discretion, to preserve
the property, and any such payments made as well any reasonable costs incurred by Rocky Mountain shall be deducted from any cash
payments due Mojave pursuant to Section 3.2(B) herein;

 

(b)It will carry out its
operations on the Property in a careful and miner-like manner and in accordance with applicable laws and regulations of the State
of Nevada;

 

( c)It will properly pay
all accounts of every nature and kind for wages, supplies, Workers’ Compensation Assessments, or the equivalent under Nevada
law, income tax deductions, and all other accounts and indebtedness incurred by it so that no

    	 

    	 

    

claim or lien arises thereon or upon the ore or minerals
contained therein and it will indemnify Mojave and save them harmless from any and all loss, costs, actions, suits, damages or
claims which may be made against Mojave in respect of the operations on the Property, provided however, that Rocky Mountain shall
have the right to contest the validity of any such lien or claim of lien;

 

(d)Upon termination of this
Agreement, it will leave the Property in a safe condition in accordance with the applicable regulatory requirements;

 

(e)It will at all times
maintain and keep true and correct records of all production and the disposition thereof and of all costs and expenditures incurred
as well as all other data necessary or proper for the settlement of accounts between the parties hereto in connection with their
rights and obligations under this Agreement;

 

(f)It will obtain all necessary
environmental permits prior to commencing operations on the Property and it will be responsible for any environmental assessments
made by the governmental bodies as a result of operations on the Property; and

 

(g)It will indemnify and
save harmless Mojave from any and all liability arising in relation to the Property including, but not limited to, any liability
from environmental damage during the Term, unless such liability was caused by the fault of Mojave, or either of them, or their
directors, officers, employees, agents or consultants.

 

5.2Covenants of Mojave.  Mojave covenants and
agrees with Rocky Mountain that during the Term, should Mojave receive any notice, assessment, permit or any other documentation
from the applicable regulatory authorities relating to the Property or the Operations of Rocky Mountain thereon, Mojave will promptly
forward a true copy of the same to Rocky Mountain.

 

6. TERMINATION OF OPTION

 

6.1Notice of Termination.  This Option shall
terminate upon Rocky Mountain giving thirty (30) days written notice to Mojave of termination and deliver at no cost to Mojave
within 90 days of such termination copies of all reports, maps, assay results and other relevant technical data compiled by or
in the possession of Rocky Mountain with respect to the Property and not theretofore furnished to Mojave.

 

6.2Equipment. In the event that Rocky Mountain
abandons the working right and Option granted to it under Section 3 or terminates the Option pursuant to Section 6.1, all buildings,

    	 

    	 

    

plant, equipment, machinery, tools, appliances and supplies
which Rocky Mountain may have brought on the Property, either before or during the period of the working right and Options, may
be removed by Rocky Mountain at any time not later than six months after the abandonment of the working right and Options. Any
buildings, plant, equipment, machinery, tools, appliances and supplies left on the Property during the six-month period shall be
at Rocky Mountain’s sole risk and, if not removed during the
six-month period, shall become the property of Mojave thereafter.

 

6.3Information.  If Rocky Mountain abandons
the working right and Option granted to it under Section 3, Rocky Mountain shall, on request, provide Mojave, at no cost to Mojave,
with a copy of all non-interpretative reports, maps, plans, drill logs and surveys of all work pertaining to the Property provided
that Rocky Mountain does not warrant the accuracy of those reports, maps, plans, drill logs and surveys and shall not be liable
for any inaccuracies contained in them.

 

7. CONFIDENTIAL INFORMATION

 

7.1Treatment of Information. No information
furnished by Rocky Mountain to Mojave hereunder in respect of the activities carried out on the Property by Rocky Mountain, or
related to the sale of product derived from the Property, will be published by Mojave without the written consent of Rocky Mountain,
but such consent in respect of the reporting of factual data will not be unreasonably withheld, and will not be withheld in respect
of information required to be publicly disclosed pursuant to applicable securities or corporation laws.

 

8. ARBITRATION

 

8.1Matters for Referral to Arbitration. All
questions or matters in dispute with respect to the accounting of moneys expended by Rocky Mountain as provided herein, or with
respect to the calculation of or amounts taken into account in the determination of Net Smelter Returns or other products sales
and any share of the proceeds of the sale of Minerals or other products from the Property will be submitted to arbitration pursuant
to the terms hereof.

 

8.2Notice of Referral to Arbitration. It will
be a condition precedent to the right of any party to submit any matter to arbitration pursuant to the provisions hereof, that
any party intending to refer any matter to arbitration gives not less than 30 days’ prior written notice of its intention
so to do to the other party together with particulars of the matter in dispute.

 

8.3Expiry of Notice. On the expiration of such
30 days, the party who gave such notice may proceed to refer the dispute to arbitration as provided in Section 8.4.

8.4Appointment of Arbitrators. The party desiring
arbitration will appoint one arbitrator, and will notify the other party of such appointment, and the other party will, within
15

    	 

    	 

    

days after receiving such notice, appoint an arbitrator, and
the two arbitrators so named, before proceeding to act, will, within 15 days after the appointment of the last appointed arbitrator,
unanimously agree on the appointment of a third arbitrator to act with them and be chairman of the arbitration herein provided
for.

 

8.5Failure to Act. If the other party will fail
to appoint an arbitrator within 15 days after receiving notice of the appointment of the first arbitrator, then the first arbitrator
shall act as the Chairman and will preside over the arbitration proceeding. If two arbitrators are appointed by the parties and
they are unable to agree on the appointment of the chairman, the chairman will be appointed by a judge of the Third Judicial Court
of the State of Utah, upon filing a petition with the Court for this purpose.

 

8.6Arbitration Procedures. Except as specifically
otherwise provided in this Section 8, the arbitration procedures herein provided for will be conducted in accordance with the laws
of the State of Utah.

 

8.7Fixing Time and Place.  The chairman, or
in the case where only one arbitrator is appointed, the single arbitrator, will fix a time and place in Salt Lake City, Utah for
the purpose of hearing the evidence and representations of the parties, and he will preside over the arbitration and determine
all questions of procedure not provided for under the laws of the State of Utah or this Section 8.

 

8.8Award in Writing. After hearing any evidence
and representations that the parties may submit, the single arbitrator, or the arbitrators, as the case may be, will make an award
and reduce it to writing, and deliver one copy thereof to each of the parties.

 

8.9Expenses. The prevailing party in the arbitration
award shall be entitled to recover from the other party all legal fees, costs and expenses reasonably relate to such award.

 

8.10Binding Award. The parties may agree that
the award of a majority of the arbitrators, or in the case of a single arbitrator, of such arbitrator, will be final and binding
upon each of them.

 

 

9. DEFAULT AND TERMINATION

 

9.1Notice of Default. Notwithstanding Section
4, if at any time during the Option Period Rocky Mountain fails to perform any obligation required to be performed hereunder or
is in

    	 

    	 

    

breach of a warranty or covenant given herein, which failure
or breach materially interferes with the implementation of this Agreement, Mojave may terminate this Agreement but only if:

 

(a)it first gives to Rocky
Mountain a notice of default containing particulars of the obligation which Rocky Mountain has not performed, or the warranty or
covenant breached, and

 

(b)Rocky Mountain does not,
within 30 days after delivery of such notice of default, cure such default or commence proceedings to cure such default by appropriate
payment or performance (Rocky Mountain hereby agreeing that should Rocky Mountain so begin to cure any default Rocky Mountain will
prosecute such curing to completion without undue delay).

 

9.2Termination. Should Rocky Mountain fail to
comply with the provisions of Section 9.1(b) Mojave may thereafter terminate this Agreement, and the provisions of Section 6 will
then be applicable.

 

10. GENERAL

 

10.1Encumbrances. During the Term, Mojave and
Rocky Mountain shall not pledge, mortgage, charge or otherwise encumber their beneficial interest in the Property or their rights
under this Agreement. However, Mojave agrees not to unreasonably withhold approval of requirements required by Rocky Mountain to
secure project financing so long as the said project financing does not encumber the property.

 

10.2Further Assurances. The parties shall, without
further consideration, from time to time execute and deliver, or cause to be executed and delivered, further instruments and assurances
as may be reasonably required for registering or recording changes in ownership interests in the Property in accordance with the
regulatory requirements of the United States, the State of Nevada, or otherwise as required to carry out the true intent and purpose
of this Agreement.

 

10.3Limitation of Obligations of Rocky Mountain.
 It is understood and agreed that:

 

(a)nothing contained in
this Agreement, nor any payment made, Mining Operations conducted or incurred by Rocky Mountain on or in connection with the Property
or part of it, nor the doing of any act or thing by Rocky Mountain under the terms of this Agreement shall obligate Rocky Mountain
to do anything else under this Agreement other than to make payments, perform the work commitments and

    	 

    	 

    

maintain the Property to the extent that it may have
expressly undertaken to do so pursuant to the terms of this Agreement;

 

(b)subject to the terms
of this Agreement, Rocky Mountain may at any time abandon the working right and Option granted to it under Section 3.1 and may
at any time after exercising the Option granted herein abandon the working right granted to it under Section 3.5; and

 

( c)in the event that Rocky
Mountain abandons the Option granted to it under Section 3.1, or the working right Section 3.5, the liabilities and obligations
of Rocky Mountain shall cease with respect to the Property except that Rocky Mountain shall remain liable for any and all liabilities
or obligations arising directly or indirectly from the actions of Rocky Mountain prior to the abandonment and in particular in
conducting work or having conducted work on the Property and the provisions of Section 6 herein.

 

10.4Time. Time shall be of the essence of this
Agreement and of every part of it and no extension or variation of this Agreement shall operate as a waiver of this provision.

 

10.5Entire Agreement. With respect to the subject-matter
of this Agreement, this Agreement:

 

(a)sets forth the entire
agreement between the parties and any persons who have in the past or who are now representing either of the parties;

 

(b)supersedes all prior
understandings and communications between the parties or any of them, oral or written; and

 

( c)constitutes the
entire agreement between the parties.

 

Each party acknowledges that this Agreement
is entered into after full investigation and that no party is relying on any statement or representation made by any other which
is not embodied in this Agreement. Each party acknowledges that it shall have no right to rely on any amendment, promise, modification,
statement or representation made or occurring subsequent to the execution of this Agreement unless it is in writing and executed
by each of the parties.

 

10.6Notices.  All payments and communications
which may be or are required to be given by either party to the other shall (in the absence of any specific provision to the contrary)
be

    	 

    	 

    

in writing and delivered or sent by prepaid registered mail
to the parties, at following respective addresses:

 

Mojave:MOJAVE GOLD MINING
CORP.

218 W. Paxton Ave

Salt Lake City Utah, 84101

Attention: W. David Weston

Email: dweston63@gmail.com

 

Rocky Mountain:ROCKY MOUNTAIN MINERALS CORP.

897 Quail Run Drive

Grand Junction, CO 81505

Attention: David Beling

Email: dave@bullfroggold.com

 

If any payment or communication is sent
by prepaid registered mail, it shall, subject to the following sentence, be conclusively deemed to have been received on the third
business day following the mailing of it and, if delivered, it shall be conclusively deemed to have been received at the time of
delivery. Notwithstanding the foregoing provisions with respect to mailing, in the event that it may be reasonably anticipated
that, due to any strike, lock-out or similar event involving an interruption in postal service, any payment or communication will
not be received by the addressee by no later than the third business day following the mailing of it, then the mailing of any payment
or communication as mentioned shall not be an effective means of sending it but rather any payment or communication must then be
sent by an alternative means of transportation which it may reasonably be anticipated will cause the payment or communication to
be received reasonably expeditiously by the addressee. Either party may from time to time change its address by notice to the other
in accordance with this Section 10.6.

The Parties also agree that email properly
transmitted and acknowledged shall serve as an acceptable and legal means of communication between the Parties.

 

10.7Counterparts. This Agreement may be executed
in as many counterparts as may be necessary and may be delivered originally or by facsimile and each such counterpart so executed,
whether delivered originally or by facsimile, are deemed to be an original and such counterparts and facsimile copies together
will constitute one and the same instrument.

 

10.8Benefit of Successors. This Agreement shall
inure to the benefit of and be binding on the parties and their respective heirs, executors, administrators, successors and assigns.

 

    	 

    	 

    

IN WITNESS WHEREOF, this Option
to Purchase and Royalty Agreement has been duly executed and delivered by the parties hereto as of the date first above written.

 

 

Mojave:

 

MOJAVE GOLD MINING CORP.,

A Wyoming corporation

 

 

By:___/s/ W. David Weston____

Name: W. David Weston

Title: President

 

 

Rocky Mountain:

 

ROCKY MOUNTAIN MINERALS CORP.,

a Nevada corporation

 

 

By:____/s/ David Beling________

Name: David Beling

Title:President & CEO

 

 

 

    	 

    	 

    

 

 

 

EXHIBIT “A”

(Form of Quitclaim Deed and Reservation
of Royalty Interest)

 

 

After recording, return to:

 

Rocky Mountain Minerals Corp.

897 Quail Run Drive

Grand Junction, Colorado 81505

 

QUITCLAIM DEED

AND RESERVATION OF ROYALTY INTEREST

 

FOR AND IN CONSIDERATION of royalties
reserved hereunder and the promises made under the terms of that certain Option Agreement and Royalty Agreement made and entered
into as of the ____ day of__________, 2014, with Mojave Gold Mining Corp.
 A Wyoming Corporation whose address is 218 W. Paxton Ave., Salt Lake City, Utah (“Grantor”), does hereby quitclaim
unto [ROCKY MOUNTAIN MINERALS CORP., a Nevada corporation,
or such designee as Rocky Mountain Minerals Corp. may designate, whose address is_______________________________ (“Grantee”),
all of the right, title and interest in and to the following patented mining claims located in Nye County, Nevada (the “Property”).

 

 CLAIMLEGAL DESCRIPTION 

Polaris FractionT12S R46 E S10 P# 46273 BK 21D PG
492 S#2426

Mineral Survey No. 2426, Patent No. 41378

 

Inaugural Fraction T12S R46 E S10 P# 46273 BK 21D PG 492
S#2426

Mineral Survey No. 2426, Patent No. 41378

 

Three PeachesT12S R46 E S10 P# 46273 BK 21D PG 492 S#2426

Mineral Survey No. 2426, Patent No. 41378

 

Little Fraction T12S R46 E S10 P# 46273 BK 46D PG 545 S#2471A

Mineral Survey No. 2471A, Patent No. 46272

 

Indian JohnnieT12S R46 E S10 P# 46273 BK 46D PG 545 S#2471A

Mineral Survey No. 2471A, Patent No. 46272

ShoshoneT12S R46 E S10 P# 46273 BK 46D PG 545 S#2471A

    	 

    	 

    

Mineral Survey No. 2471A, Patent No. 46272

 

DelMonte FractionT12S R46 E S10
P#46274 S#2385 BK 48D PG 176 S#2510A

Mineral Survey No. 2501A, Patent No.
46272

 

Shoshone TwoT12S R46 E S10 P# 46273 BK 46D PG 545 S#2471A

Mineral Survey No. 2471A, Patent No. 46272

 

Shoshone ThreeT12S R46 E S10 P# 46273 BK 46D PG 545 S#2471A

Mineral Survey No. 2471A, Patent No. 46272

 

 

Oro GrandeT12S R46E S2&3 P#46911 BK 20D PG 11 S#2470

Mineral Survey No. 2470, Patent No. 46911

 

Shoshone ExtensionT12S R46E S2&3 P#46911 BK 20D PG 11
S#2&3&10

Mineral Survey No. 2470, Patent No. 46911

 

GreenhornT12S R46E S2&3
P#46911 BK 20D PG 11 S#2&3&10&11

Mineral Survey No. 2470, Patent No.
46911

 

EXCEPTING AND RESERVING UNTO GRANTOR,
a royalty (the “Royalty”) equal to the percentages of net smelter returns of the proceeds, as described below, from
the sale or other disposition of all minerals, received from any purchaser of any mineral derived from the ore mined from the Patents
after deducting therefrom all charges and penalties (imposed by the purchaser) and the cost of transportation to any processing
facility, insurance premiums, sampling and assaying charges incurred after concentrates have left the concentrator and all appropriate
sales taxes. If minerals other than precious metals are mined and sold from the Patents, the Royalty specified herein shall likewise
apply to such minerals and shall be calculated as set forth above based on payment received from a purchaser after the creation
of a concentrate or otherwise marketable product. In no case shall the cost of mining, transportation or concentrating costs prior
to the creation of the first marketable product be deducted from the selling price in the calculation of Royalty. If any portion
of the precious metals or other minerals extracted and derived from the ore mined from the Patents are sold to a purchaser owned
or controlled by the Grantee or treated by a facility owned or controlled by Grantee, the actual proceeds received shall be deemed
to be an amount equal to what could be obtained from a purchaser or facility not so owned or controlled by the Grantee after deducting
therefrom a charge equal to the transportation cost which would have been incurred had the material been transported to such third
party.

Notwithstanding the forgoing, at Rocky
Mountain’s sole and absolute discretion prior to the commencement of commercial production, Rocky Mountain shall have the
right at any time to purchase or buy-down up to one half of any, each
or all of the three Royalty components from Mojave by making payments
of US $500,000.00 per 0.25%
of base net smelter return royalties for

    	 

    	 

    

Gold, Silver
and/or Other Products to Mojave, which
shall be exercised only in whole percentage points. In the event that Rocky Mountain exercises the right to purchase
or buy-down the Royalty, Mojave shall deliver to Rocky Mountain any documents as Rocky Mountain may require, in its sole
and absolute discretion, evidencing such reduction of Mojave’s Royalty interest. For clarification, the parties understand
that any royalty payments made by Rocky Mountain to Mojave prior to the election to purchase the Royalty may
not be credited toward the purchase or buy-down price.

 

	 	
        Base Net Smelter

        Return Royalty (%)
	
        Average Market Price

        in Troy oz.
	Maximum Buy-Down Net Smelter Return Royalty (%)
	GOLD	1.0	less than $1,200	.50
	 	1.5	$1,201 to $1,600	.75
	 	2.0	$1,601 to $2,000	1.00
	 	2.5	$2,001 to $2,400	1.25
	 	3.0	$2,401 to $2,800	1.50
	 	3.5	$2,801to $3,200	1.75
	 	4.0	Greater than $3,200	2.0
	 	 	 	 
	SILVER	1.0	Less than $15	.50
	 	1.5	$15.01 to $30 	.75
	 	2.0	$30.01 to $45	1.00
	 	2.5	$45.01 to $60	1.25
	 	3.0	$60.01 to $75	1.50
	 	3.5	$75.01 to $90	1.75
	 	4.0	Greater than $90	2.0
	 	 	 	 
	OTHER	2.0	As determined by product	1.00

 

    	 

    	 

    

The Royalty reserved herein shall be subject to the following:

 

1.PAYMENT OF ROYALTY

 

a.Frequency of Payment of Royalty. Payment of Royalty
hereunder shall be due and payable within thirty (30) business days after the sale proceeds are received during each calendar quarter
from any purchaser of minerals or other materials mined from the Claims.

 

b.Method of Making Payments. All
payments required hereunder may be mailed or delivered to any single depository as Grantor may instruct. The Grantee will have
no responsibility as to the division of the Royalty payments among parties constituting the Grantor and if the Grantee makes a
payment or payments on account of the Royalty in accordance with the provisions of this instrument, it will have no further responsibility
for distribution of the Royalty. All charges of the agent, trustee or depository will be borne solely by the parties receiving
payments of Royalty. The delivery or the deposit in the mail of any payment hereunder on or before the due date thereof shall be
deemed timely payment hereunder. At Grantor’s option, royalties for gold and silver shall be made in cash or in kind, based
on the average prevailing
market prices during each quarter having production.

 

2.RECORDS AND REPORTS

 

a.Records, Inspection and Audit.
Within ninety (90) days following the end of each calendar year, commencing with the year in which the claims are brought into
commercial production (not inclusive of any bulk sampling programs), the Grantee shall deliver to Grantor a statement of the Royalty
paid for said calendar year. The Grantor shall have the right within a period of three (3) months from receipt of such statements
to inspect the Grantee’s books and records relating thereto and to conduct an independent audit of such books and records
at its own cost and expense.

 

b.Objections. If Grantor does
not request an inspection of Grantee’s books and records during the three-month period referred to in the preceding paragraph,
all payments of Royalty for the annual period will be considered final and in full satisfaction of all obligations of the Grantee
with respect thereto. If Grantor disputes any calculation of Royalty,
Grantor shall deliver to the Grantee a written notice (the “Objection Notice”) describing and setting forth a specific
objection within sixty (60) days after receipt by the Grantor of the final statement. If such audit determines that there has been
a deficiency or an excess in the payment made to the Grantor, such deficiency or excess will be resolved by adjusting the next
payment due hereunder. The Grantor will pay all the costs and expenses of such audit unless a deficiency of five (5%) percent or
more of the amount due is determined to exist. The Grantee will pay the costs and expenses of such audit if a deficiency of five
(5%) percent or more of the amount due is determined to exist. All books and records used and kept by the Grantee to calculate
the Royalty due hereunder will be kept in accordance with generally accepted accounting principles.

 

3.INUREMENT

 

    	 

    	 

    

The Royalty reserved herein shall run with the
land and be binding on all subsequent owners of the Patents, including any amendments, relocations, patents of the same or additional
or alternative rights to mine as may be conferred by any changes in the mineral laws of the United States.

 

4.NOTICES

 

All notices required or permitted to be given
hereunder shall be given in writing and shall be sent by the parties by registered or certified mail, telex, facsimile transmission
or by express delivery service to the address set forth in the identification of the parties in the headings of this Quitclaim
Deed and Reservation of Royalty Interest or to such other address
as either party may later designate by like notice to the other. All notices required or permitted to be given hereunder shall
be deemed to have been given upon the earliest of (1) actual receipt, (2) acknowledgment in any form of receipt of telex or facsimile
transmission, (3) the business day next following deposit with an express delivery service, properly addressed, or (4) seventy-two
(72) hours after deposit with the U.S. Mails, properly addressed with postage prepaid.

 

5.ASSIGNMENTS BY GRANTOR

 

Grantor may transfer, pledge, mortgage, charge
or otherwise encumber all or any part of its right, title and interest in and to its Royalty reserved hereunder; provided, however,
that Grantee shall be under no obligation to make its payments hereunder to such assignee, transferee, pledgee or other third party
until Grantee’s receipt of Notice concerning the assignment or transfer.

6.INTERPRETATION

 

a.Governing Law; Venue. The provisions
and interpretation of this Quitclaim Deed and Reservation of Royalty Interest
shall be governed by the laws of the State of Nevada without regard to conflicts of laws principles. Any dispute concerning
this Quitclaim Deed and Reservation of Royalty Interest shall be
adjudicated in either the state or federal courts in and for the State of Utah.

 

b.Invalidity of Provisions. If any
term or other provision of this Quitclaim Deed and Reservation of Royalty
Interest is invalid, illegal or incapable of being enforced by any rule of law, or public policy, all other conditions and
provisions of this Quitclaim Deed and Reservation of Royalty Interest
shall nevertheless remain in full force and effect so long as the economic and legal substance of the transactions contemplated
hereby is not affected in any manner materially adverse to any party. Upon such determination that any term or other provision
is invalid, illegal or incapable of being enforced, the parties hereto shall negotiate in good faith to modify this Quitclaim Deed
and Reservation of Royalty Interest so as to effect the original
intent of the parties as closely as possible in an acceptable manner to the end that transactions contemplated hereby are fulfilled
to the extent possible.

 

IN WITNESS WHEREOF, the Grantor has executed
and delivered this Quitclaim Deed and Reservation of Royalty Interest as of the ____ day of ____________, 20____.

 

    	 

    	 

    

 

GRANTOR:

Mojave Gold Mining Corporation,

a Wyoming corporation

 

 

By:

Name:

 

 

The undersigned Grantee hereby accepts
this Quitclaim Deed and Reservation of Royalty Interest made therein.

 

GRANTEE:

 

ROCKY MOUNTAIN MINERALS CORP., a Nevada
corporation, or such designee as Rocky Mountain Minerals Corp. may designate]

 

 

By:

Name:

Its:

 

STATE OF UTAH)

) ss.

County of Salt Lake)

 

The foregoing instrument was acknowledged before
me this _____ day of __________, 20___ .

 

 

___________________________

Notary Public

STATE OF )

) ss.

County of )

 

The foregoing instrument was acknowledged before
me this _____ day of __________, 20___ by _______________________, _________________ of __________________________ [Rocky Mountain
Minerals Corp., or such designee as Rocky Mountain Minerals Corp. may designate], on behalf of the corporation.

___________________________

Notary Publicex10_4.htm

INDEPENDENT CONTRACTOR AGREEMENT

THIS INDEPENDENT CONTRACTOR AGREEMENT ("Agreement") is made and

entered into as of this 1" Day of May 2014, ("Effective Date") by and between Nuvola

("Company") and- Card a Client LLC, ("Contractor") whose address is 3161 E Dry Creek

Rd. Phoenix AZ 85048. In 'consideration of the mutual premises herein contained, Company and

Contractor hereby agree as follows:

SECTION 1: ENGAGEMENT'

A. The 'Company hereby engages the Contractor's key employee Derrick Mains as Chief

Technology Officer to render the service's of such, including, but not limited to,

business development, software strategy, project management, media relations,

software development process strategy and implementation, management of offshore

and domestic development and design resources, customer presentations, review and

documentation of processes apnrodcedures, (collectively, the "Services") and

delivery of updates, presentations, Written reports, oral reports; and any and all other

resulting work product (collectively, the "Materials").

SECTION 2: COMPENSATION

A. In full consideration for the performance of the Services hereunder, and for any rights

granted or relinquished by the Contractor under this Agreement, the Company shall pay

the Contractor as follows:

i. Contractor in exchange for 60 hours of consulting services to the Company each

calendar month will receive a monthly payment in cash ("Cash Compensation")

0152,500 billed at the end ()leach month and due to the Contractor within seven

days,

ii. Additional performance based consideration, in cash or shares of Nuvola -stock,

may he awarded to Contractor at the sole discretion of the Company's Board of

Directors; and,

iii. Any Stock-Based Compensation shall be subject to a re-sale restriction for

Twelve (12) months from the date of vesting ("Lock-Up Period"). The Contractor

shall be restricted from the sale or registration of any shares earned pursuant to

the terms of the Agreement during the Lock-lip Period.

B. In the event this Agreement is terminated by ,cither party -prior to the expiration of the

Term, Contractor shall be entitled to any compensation (inclusive of common stock in the

Company and/Or cash) earned by Contractor up to the date of such termination.

C. The Company shall reimburse the Contractor fbr reasonable and necessary expenses

incurred in the pertbrmance of the Services; provided, however, that all such individual

expenses in excess of $500, and all expenses in the aggregate for any calendar month . in

excess of $2.000 shall be subject to Company's written approval prior to expenditure. Air

 

 

  

1

  

 

 

travel shall be at coach fares and lodging shall be at moderately priced hotels, taking

advantage of available corporate discounts.

SECTION 3: ASSURANCE OF SERVICES

A. By request of the Company the Contractor shall assure that Derrick Mains who will be

acting as the Chierfechnblogy Officer shall be available to perfbrin and shall perform

the duties of that office under the terms of this agreement. The Company acknowledges

that from time to time the Contractor uses both third party contract labor and employees

of the .contractor to complete a portion of the contracted work.

B. Any third party or employee contracted by the Contractor to perform services to the

Company are subject to the same proprietary rights, confidentiality, warranties and

indemnification as outlined in this agreement.

SECTION 4: INDEPENDENT CONTRACTOR RELATIONSHIP

A. The relationship of the Parties under this Agreement is that of an independent contractor.

The Parties to this Agreement recognize that this Agreement does not create any actual or

apparent agency, partnership, franchise, or relationship of employer and employee

between the Parties, provided, however, Contractor may identify himself as the Chief

Technology Officer.

B. Contractor acknowledges and agrees that, except as provided in Section 2, Contractor

shall not be entitled to, and the Company shall not be obligated to pay, any monies or

other compensation for the Services provided and rights granted under this Agreement.

C. Further, the Contractor shall not be entitled to participate in any of the Company's

benefits, including without limitation any health or retirement , plans.

D. The Company shall not be liable for taxes, Worker's Compensation, unemployment

insurance, employers' liability, employer's FICA, social security, withholding tax, or

other taxes or withholding for or on behalf of the Contractor or any other person

consulted or employed by the Contractor in performing Services under this Agreement.

All such costs shall be Contractor's responsibility.

SECTION 5: PROPRIETARY RIGHTS

A. The contractor acknowledges and agrees that it has no right to or interest in its work or

product resulting from the Services performed or the Material created under this

Agreement, nor any right to or interest in any intellectual property therein. The

Contractor acknowledges and agrees that the Services and the Materials have been

specially commissioned or ordered by the Company and the Materials are "works madefor-

hire" as that term is used in the Copyright Law of the United States, and that the

Company is, therefore, to be deemed the author of and is the owner of all copyrights in

and to such Materials.

 

 

  

2

  

 

 

B. In the event that such Materials; or any portion thereof, are for any reason deemed not to

have been works .made-fOr-hire, the Contractor hereby assigns to the Company any and

all right, title, and interest Contractor may have in and to such Materials, including all

copyrights, all publishing rights, and all rights to use, reproduce, and otherwise exploit

the Materials in any and all formats or media and all channels, whether now known of

hereafter created. The Contractor agrees to execute such instruments as the Company

may from time to time deem necessary or desirable to evidence, establish, maintain, and

protect the Company's ownership of such Materials, and all other rights, title, and interest

therein.

C. Ownership of Materials. Contractor shall communicate to the Company as promptly

and fully as practicable all discoveries, concepts, and ideas, including, without limitation,

improvements, processes, developments, know-how, data, computer programs, methods,

apparatus, and formulae, and any notes, records, drawings, and designs related thereto,

whether patentable or unpatentable, or subject to trade secret, copyright, or other laws

relating to proprietary intellectual property, conceived, or reduced to practice by such

Contractor or which become known to such Contractor by means of any undertaking,

investigation, or experiment arising out of or relating to the performance of the Services

under this Agreement or any other action taken on behalf of the Company by such

Contractor. ContractOr acknowledges and agrees that all Materials created in conjunction

with the Contractor relationship with the Company are the sole property of the Company

and that Company may use or pursue all Materials without restriction or additional

compensation. To the extent permissible under applicable law, all Materials are "works

made for hire," If the Materials do not qualify as a work made for hire, Contractor

hereby assigns and agrees to assign (or cause to be assigned) to the Company and/or its

designees all right, title, and interest in and to the Materials, and patents, copyrights,

patent applications, or copyright applications relating thereto. Contractor hereby waives

and agrees to waive all moral rights relating to the Materials created for or developed by

the Company. Contractor shall assist the Company, or its designee, to obtain, secure,

tnaintain, extend, and en tbrce the Company's sole and exclusive right, title, and interest

in and to the Materials and any copyrights, patents, moral rights, trademarks, or other

intellectual property rights relating thereto in any and all countries. Contractor

acknowledges and agrees that such Contractor's obligation to execute or cause to be

executed, when it is in such Contractor's power to do so, any such instrument or papers

shall continue after the termination or expiration of this Agreement or after such

Contractor ceases tube an Contractor of the Company for any reason. Contractor shall

use his, her, or its best efforts to cause such Contractors employees, agents, and

representatives to comply with the terms and conditions Of this Section.

D. Notwithstanding the foregoing, the Company acknowledges that the Contractor's ability

lo . carry out - the work required is heavily dependent upon the Contractors past experience

in the industry and irf prOviding similar services to others and they expect to continue

such work in the future. Subject to the confidentiality provisions of Section 6 below,

generic information communicated to the Company in the course of this project either

orally, in the form of presentations, or in documents that report such general industry

'knowledge is not subject to the terms of Section A & B above.

 

 

  

3

  

 

 

SECTION 6: CONFIDENTIALITY

 

A. 'Contractor acknowledges and agrees that as a result of the services to be provided

hereunder, by performing such services it may acquire knowledge and information ofa

secret and confidential nature. Contractor further acknowledges and agrees that this

information constitutes valuable property of the Comparmy generally not being

disseminated or made known to persons or organizations outside the Company at all, or if

made known, being done so only under specific and restrictive conditions such as to

ensure that it does not become readily available to the public, and also that confidential

information of others may be received by the Company with restrictions on its use and

disclosure, Accordingly, Contractor agrees that except as expressly provided herein or in

the course of rendering the Advisory Services, Contractor shall not, during the Term of

this Agreement or at any time thereafter:

Disclose to anyone outside the Company or use in other than the Company's

business any secret- or confidential information of the Company or its subsidiaries

or affiliates, except as authorized by the Company. The Company information

that is not readily available to the public shall be considered secret and

confidential for the purpose of this Agreement and shall include, but not be

limited to, information relating to the Company, its subsidiaries and affiliates,

customers, processes, products, apparatus, data, compounds, business studies,

business and contracting plans, business procedures and finances;

Disclose to any other person or use secret or confidential information of others

that, to its knowledge, has been disclosed to the Company with restriction on the

use or disclosure thereof, in violation of those restrictions;

Disclose to the Company or induce the Company to use, without prior permission

of the owner, any secret or confidential information or material of others of which

they are or may become poSsessed,

B. Notwithstanding the foregoing, Contractor shall not be liable for the disclosure of

information that may otherwise be deemed confidential hereunder:

if the information.is in, or becomes part of, the public domain, other than by

disclosure of the information by Contractor . in violation of this Agreement; or,

lithe information is furnished to a third party by the Company without restriction

on the third party's right to disseminate the information;

if Contractor can document that the information is already of record in its files at

the time of disclosure, or is disclosed to Contractor by a third party as a matter of

right; iv. if the information is disclosed with the Company's written approval; or,

 

 

  

4

  

 

 

 

V. if the information is compelled to be revealed via subpoena, civil investigative

demand or other judicial or administrative process, provided that in such event

Contractor shall provide the Company (unless prohibited from so doing) with as

much advance notice as is practicable so that the Company may seek an

appropriate protective order, and Shall limit disclosure strictly to those iternsof

information as to which disclosure is required.

SECTION WARRANTIES AND INDEMNIFICATION

A. The Contractor represents and warrants that:

i. The Services shall be performedin accordance with, and:shall notviolate,

applicable laws, rules or regulations, and standards prevailing in the industry and

the Contractor shall obtain all permits or permissions required to comply with

such laws, rules or regulations;

ii. The Materials shall be original, clear, and presentable in accardance with

generally applicable standards in the industry;

iii. The Materials shall not contain libelous, injurious, or unlawful material and shall

not violate or many way infringe upon the personal or proprietary rights of third

Parties, including property, contractual, employment, trade secrets, proprietary

information, and non-disclosure rights, or any trademark, Copyright, or patent, nor

shall they contain any Ramat, instruction, or information that is inaccurate or

injurious to any person, computer system; or machine;

iv. The Contractor has full power and authority to enter into and perform its

obligations .under this Agreement; this Agreement is a legal; valid, and binding

Obligation of Contractor, enforceable against it in accordance with its terms

(except as may be limited by bankruptcy, insolvency, moratorium, or similar laws

affecting creditors rights generally and equitable remedies); entering into this

Agreement shall not violate the Charter, By-laws, or other organization

documents of Contractor or any material contract to which it is a party;

v. The Contractor shall perform the Services in accordance with the specifications

established by the Company and shall use the best efforts in accordance with

industry standards to perform the Services.

13. The Company represents and warrants that it has full power and authority to enter into

and perform its obligations under this Agreement; this Agreement is alegal, valid, and

binding obligation of the Company, that if the Contractor status changes to that of an

Employee of the company that the terms of this agreement transfer to the .Employee

agreement, that this agreement is enforceable against it in accordance with its terms

(except as may be limited by bankruptcy, insolvency, moratorium, or similar laws

affecting creditors' rights generally and equitable remedies); entering into this Agreement

shall not violate the Articles of Organization or Operating Agreement of the Company or

any material contract to which it is a party.

 

 

  

5

  

 

 

C. The Contractor shall comply with all of the Company's standards and procedures when

working on-site at the Company, including without limitation, standards relating to

Security.

D. The Contractor shall not be liable for an y damages, claims, liabilities, and costs, or losses

of any kind or nature whatsoever ("Loss") which may in any way arise out of or relate to

the performance by the Contractor hereunder, the relationship created hereby, the work of

employees, agents, and independent contractors of the Contractor while performing

hereunder, except as result from the misfeasance, malfeasance or nonfeasance of the

Contractor, or the breach of this agreement or any of the terms or conditions hereof by

the Contractor.

E. The Company shall retain control over the defense of, and any resolution or settlement

relatingto, any such Loss arising from a third party claim. The Contractor shall cooperate

with the Company and provide reasonable assistance in defending any such claim.

-F. The Parties acknowledge and agree that Contractor is presently engaged in other business •

activities including his radio program, a number of other companies and non-profits

where he is a hoard member, shareholder, investor and advisor. Neither the business, the

products, the..services of-nor the activities of these entities, as they exist on the Effective

Date hereof', compete with any of the business, products, services or activities of

Company. The Company agrees that the Contractor may continue to participate with

these companies and serve on industry, trade, civic or charitable boards &committee and

manage and make personal investments, as long as such activities do not [materially]

interfere with the performance of Executive's duties and responsibilities.

SECTION 8: TERM AND TERMINATION

A. The term of this Agreement shall commence on the Eftective Date hereof and shall

continue for a minimum of one year or until this Agreement (hereinafter the "Term") is

terminated pursuant to the other provisions of this Section 8.

B. This Agreement may he terminated:

i. by the Contractor upon thirty (30) days written notice to the Company

ii. by the Company upon thirty (30) days prior written notice

iii. by the Company upon immediate notice with cause. "Cause" shall mean

I. an intentional act of fraud, embezzlement, theft Or any Other

material violation of law

2. intentional damage to companies assets;

 

 

  

6

  

 

 

3. intentional disclosure of company's confidential information

contrary to companies policies;

4. intentional engagement in any competitive activity which would

constitute a breach of the Contractors duty of loyalty and

obligations under this agreement;

C. Upon termination by either party, Independent Contractor shall provide to company any

and all copies, in whole or in part ("the Materials-in-progress"), of the Materials (as they

then exist) and any and all tangible materials the Company provided to the Independent

Contractor in connection With this Agreement.

SECTION 9: DAMAGES AND REMEDIES

A In the event of termination of this Agreement, the parties shall each have all remedies

available to it at law and in equity. Any and all Materials, including Materials-inprogress,

prepared for and/or delivered to the Company prior to termination shall be

delivered to and remain the property of the Company.

SECTION 10: GENERAL TERMS

A. Choice of Law and Forum. This Agreement shall be governed and construed in

accordance with the laws of the State of Arizona applicable to contracts made and fully

, performed therein.

B. Notice. Any notices to either Party under this Agreement shall be in writing and

delivered by hand Of sent by nationally recognized messenger service, or by registered or

certified mail, return receipt requested, to the address set forth above or to such other

address as that party may hereafter designate by notice. Notice shall be effective when

received, which shall be no greater than one (I) business day after being sent by a

nationally recognized messenger 'service or three days alter being sent by mail.

C. Assignment. Neither party may assign this Agreement in whole or in part without the

prior written consent of the other party, except that the Contractor may transfer the right

only to receive any amounts which may be payable to it for performance under this

Agreement, and then only after receipt by the Company of written notice of such

assignment or transfer, and any party may, at any time, assign this Agreement to any

entity Owned or controlled at least 51% by the assigning party, provided any assignment

by Contractor does not alter or affect the requirements of Section3 above. This

Agreement shall be binding upon and inure to the benefit of the Parties successors and

permitted assigns.

D. Waiver. The waiver by either party of a'breach or violation of any provision of this

Agreement shall not constitute a waiver of any subsequent or other breach or violation.

E. Survival. Following the expiration or termination of this Agreement, whether by its

terms, operation of law, or otherwise, the terms and conditions in Sections 5, 6, 7 and 9,

as well as any term, provision, or condition required for the interpretation of this

 

 

  

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Agreement or necessary for the full observation and performance by each party hereto of

all rights and obligations arising prior to the date of termination, shall survive such

expiration or termination.

F. Integration, This Agreement represents the entire Agreement between the Parties, The

Agreement may not be amended, changed, or supplemented in any way except by written

Agreement signed by both Parties.

 

 

 

[SIGNATURES ON FOLLING PAGE]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

8

  

 

 

IN WITNESS WHEREOF,  the Parties have executed this Agreement as of the Effective Date above.

 

On behalf of Nuvola.

 

Name (Print): 

 

Robertson J. Orr        

 

Signature: 

 

/S/ Robertson J. Orr      

 

Title: 

 

Director           

 

 

Date: 

 

5.9.14            

 

 

Name (Print): 

 

Derrick Mains         

 

Signature: 

 

/S/ Derrick Mains         

 

Title: 

 

Contractor           

 

  

Date: 

 

5.9.14             

 

 

  

9

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