Document:

Exhibit 10.1

 

SUPPORT AGREEMENT

 

PERSHING GOLD CORPORATION

 

September 28, 2018

 

		TO:	[Name of Director/Executive Officer]

(the “Securityholder”)

 

Pursuant to the terms
and subject to the conditions of an Agreement and Plan of Merger dated as of September 28, 2018 (the “Merger Agreement”),
among Americas Silver Corporation, a corporation incorporated under the federal laws of Canada (the “Purchaser”),
Pershing Gold Corporation, a Nevada corporation (the “Company”), and R Merger Sub, Inc., a Nevada corporation
(“Acquireco”), Acquireco will merge with and into the Company, with the Company surviving that merger on the
terms and subject to the conditions set forth in the Merger Agreement, and (i) each share of Company Common Stock issued and outstanding
immediately prior to the Effective Time will be converted into the right to receive 0.715 of a Purchaser Share (the “Common
Stock Consideration”), and (ii) each share of Company Preferred Stock issued and outstanding immediately prior to the
Effective Time will be, at the election of the holder thereof, either (A) converted into the right to receive four hundred sixty-one
and 440/1000ths (461.440) Purchaser Preferred Shares or (B) converted into the right to receive the Common Stock Consideration
to which such Preferred Stockholder would be entitled if such share of Company Preferred Stock were converted pursuant to clause
(i) above, all by way of a Plan of Merger (the “Merger”) pursuant to the provisions of Chapter 92A of the Nevada
Revised Statutes.

 

Capitalized terms used
in this support agreement (“Support Agreement”) and not otherwise defined herein that are defined in the Merger
Agreement shall have the respective meanings ascribed thereto in the Merger Agreement, as it may be amended from time to time.

 

This Support Agreement
sets out the terms and conditions on which the Securityholder agrees:

 

		i.	to support the Merger;

 

		ii.	to vote in favor of the resolutions put forth at the Company Meeting to approve the Merger Resolution,
including the approval of the Merger and other related matters, all of the Company Common Stock and Company Preferred Stock legally
or beneficially owned, directly or indirectly, or over which the Securityholder exercises control, as listed immediately below
the signature of the Securityholder evidencing the Securityholder’s acceptance of this Support Agreement (the “Acceptance”),
any additional Company Common Stock or Company Preferred Stock which the Securityholder may acquire after the date hereof but prior
to the record date for the Company Meeting, including on the exercise, conversion or exchange of any Company Options or Company
Warrants (the “Convertible Securities”) as listed immediately below the Securityholder’s Acceptance, and
any other securities which are otherwise entitled to be voted at the Company Meeting legally or beneficially owned, directly or
indirectly, or over which the Securityholder exercises control, (collectively, all such Company Common Stock, Company Preferred
Stock, and Convertible Securities being referred to as the “Subject Securities”); and

 

		iii.	to comply with the restrictions, obligations and covenants of the Securityholder set forth herein.

 

    	 

     

    

 

ARTICLE 1

COVENANTS OF THE SECURITYHOLDER

 

 1.1         The Securityholder acknowledges and agrees that he or she has received a copy of the Merger Agreement.

 

 1.2         The Securityholder hereby covenants and agrees, from the date hereof until the earlier of: (i) the termination of this Support Agreement pursuant to Article 3 hereof; and (ii) the Effective Time, except in accordance with the terms of this Support Agreement:

 

		a.	to irrevocably vote or cause to be voted at the Company Meeting the Subject Securities in favor
of the Merger Resolution and any other resolutions approving matters related to, or resolutions necessary or desirable to implement,
the Merger to be considered at the Company Meeting and to deliver a proxy, or to the extent that the Securityholder is a beneficial
owner, a voting instruction form, in each case duly completed and executed in respect of all of the Subject Securities, giving
effect to such vote no later than ten (10) Business Days prior to the Company Meeting;

 

		b.	not to exercise, assert or perfect any (i) rights of appraisal, (ii) rights to dissent in connection
with the Merger that the Securityholder may have by virtue of ownership of the Subject Securities, or (iii) any other rights available
to the Securityholder to delay, upset or challenge the Merger;

 

		c.	not to commence or participate in, and to take all actions necessary to opt out of any class in
any class action with respect to, any action, derivative or otherwise, against the Purchaser and/or Acquireco, the Company, or
any of their respective successors: (i) challenging the validity of, or seeking to enjoin or delay the operation of, any provision
of this Agreement or the Merger Agreement (including any claim seeking to enjoin or delay the Closing); or (ii) to the fullest
extent permitted under Law, alleging a breach of any duty of the Company Board, the Purchaser or Acquireco in connection with the
Merger Agreement, this Agreement, or the transactions contemplated thereby or hereby;

 

		d.	not to exercise any stockholder rights or remedies available at common law pursuant to applicable
securities or other laws to delay, hinder, upset or challenge the Merger;

 

		e.	not to option, sell, assign, transfer, alienate, dispose of, gift, grant, pledge, create or permit
an encumbrance on, grant a security interest in or otherwise convey any Subject Securities or any voting rights attached thereto
or any other right or interest therein, or agree to do any of the foregoing, provided that, for the avoidance of doubt: (i) the
Securityholder shall be entitled to exercise any Convertible Securities held by the Securityholder during the term of this Support
Agreement, and (ii) any Subject Securities issued on exercise of Convertible Securities during the term of this Support Agreement
shall be subject to the terms of this Support Agreement;

 

		f.	not to grant or agree to grant any proxy or other right to the Subject Securities, or enter into
any voting trust or pooling agreement or Merger or enter into or subject any of such Subject Securities to any other agreement,
Merger, understanding or commitment, formal or informal, with respect to or relating to the voting thereof, other than in support
of the resolution approving the Merger and other related matters to be considered at the Company Meeting;

 

    	 

     

    

  

		g.	not to requisition or join in the requisition of any meeting of the Company Stockholders for the
purpose of considering any resolution;

 

		h.	not to, in any manner, directly or indirectly, including through any Representative, solicit, assist,
initiate, or knowingly encourage any inquiries, proposals, offers or public announcements (or the submission or initiation of any
of the foregoing) from any person regarding any Company Acquisition Proposal, engage in any negotiations concerning, or provide
any information to, or have any discussions with or otherwise cooperate with, any person relating to a Company Acquisition Proposal,
or otherwise knowingly facilitate or knowingly encourage any effort or attempt to make or implement a Company Acquisition Proposal;

 

		i.	not to solicit or arrange or provide assistance to any other person to arrange for the solicitation
of, purchases of or offers to sell Company Common Stock or Company Preferred Stock or act in concert or jointly with any other
person for the purpose of acquiring Company Common Stock or Company Preferred Stock for the purpose of affecting the control of
the Company;

 

		j.	not to deposit or cause to be deposited the Securityholder’s Subject Securities under any
Company Acquisition Proposal;

 

		k.	to immediately cease, cause its Representatives to cease and cause to be terminated any existing
solicitations, discussions or negotiations with any parties (other than with the Purchaser or the Company or any Representative
of the Purchaser or the Company) with respect to any Company Acquisition Proposal or any potential Company Acquisition Proposal;
and

 

		l.	not to take any action to encourage or assist any other person to do any of the prohibited acts
referred to in the foregoing provisions of this Section 1.2.

 

1.3         Nothing in this Article 1 shall prevent a Securityholder who is a member of the Company Board or is a senior officer
of the Company from engaging, in the Securityholder’s capacity as a director or senior officer of the Company, in discussions
or negotiations with a person in response to a Company Acquisition Proposal in circumstances where the Company is permitted by
Section 5.1 of the Merger Agreement to engage in such discussions or negotiations. For greater certainty, the Securityholder acknowledges
that this Section 1.3 shall not affect the Securityholder’s obligation to vote the Subject Securities.

 

ARTICLE 2

REPRESENTATIONS AND WARRANTIES

 

2.1         The
Securityholder by its acceptance hereof represents and warrants as follows and acknowledges that the Purchaser is relying upon
such representations and warranties in connection with entering into this Support Agreement and the Merger Agreement:

 

		a.	the Securityholder is the legal or beneficial owner, directly or indirectly, of or controls all
of the Subject Securities set forth immediately below the Securityholder’s Acceptance and the Securityholder is the registered
or beneficial owner of such Subject Securities;

 

    	 

     

    

 

		b.	as of the date of execution of this Support Agreement, (i) the only securities of the Company legally
or beneficially owned, directly or indirectly, or over which control or direction is exercised by the Securityholder are those
listed immediately below the Securityholder’s Acceptance, and (ii) other than any Convertible Securities listed immediately
below the Securityholder’s Acceptance and Company Common Stock and Company Preferred Stock issuable on the exercise or conversion
of such Convertible Securities, the Securityholder does not own, directly or indirectly, or control any convertible securities
and has no other agreement or option, or right or privilege (whether by law, pre-emptive or contractual) capable of becoming an
agreement or option, for the purchase or acquisition by the Securityholder or transfer to the Securityholder of additional securities
of the Company;

 

		c.	the Securityholder has the sole right to vote all the Subject Securities now beneficially owned
or controlled;

 

		d.	all the Subject Securities held by the Securityholder, set forth immediately below the Securityholder’s
Acceptance, will, immediately prior to the Effective Time, be beneficially owned by the Securityholder with good and marketable
title thereto, free and clear of any and all encumbrances and are and will at such time be issued and outstanding as fully paid
and non-assessable shares in the capital of the Company;

 

		e.	the Securityholder has no agreement, option, or any right or privilege (whether by law, pre-emptive
or contractual) capable of becoming an agreement or option, for the purchase, acquisition or transfer from the Securityholder of
any of the Subject Securities or any interest therein or right thereto, except pursuant to this Support Agreement;

 

		f.	the Securityholder has no voting trust, pooling or stockholder agreement, or any right or privilege
(whether by law, pre-emptive or contractual) capable of becoming a voting trust or pooling agreement, or other agreement or Merger
affecting the Subject Securities or the ability of the Securityholder to exercise all ownership rights thereto, including the voting
of the Subject Securities;

 

		g.	there are no legal proceedings in progress before any public body, court or authority or, to the
knowledge of the Securityholder, pending or threatened against the Securityholder that would adversely affect in any manner the
ability of the Securityholder to enter into this Support Agreement and to perform its obligations hereunder or the title of the
Securityholder to any of the Subject Securities, as set forth immediately below the Securityholder’s Acceptance, and there
is no judgment, decree or order against the Securityholder that would adversely affect in any manner the ability of the Securityholder
to enter into this Support Agreement and to perform its obligations hereunder or the title of the Securityholder to any of the
Subject Securities;

 

		h.	the execution and delivery by the Securityholder of this Support Agreement, the authorization of
this Support Agreement by the Securityholder, and the performance by the Securityholder of its obligations under this Support Agreement:

 

		i.	do not require any authorization to be obtained by the Securityholder (other than such authorizations
as have been obtained by the Securityholder on or before the date hereof); and

 

		ii.	will not result (with or without notice or the passage of time) in a violation or breach of or
constitute a default under any provision of: (A) any applicable laws; (B) any note, bond, mortgage, indenture, contract or agreement
to which the Securityholder is party or by which the Securityholder or its assets is bound; or (C) any judgment, decree, order
or award of any governmental entity having jurisdiction over the Securityholder;

 

    	 

     

    

 

		i.	the Securityholder has independently and without reliance upon the Purchaser, and based on such
information as the Securityholder has deemed appropriate, made its own analysis and decision to enter into this Support Agreement;
the Securityholder acknowledges that the Purchaser has not made and makes no representation or warranty, whether express or implied,
of any kind or character except as expressly set forth in this Support Agreement and the Merger Agreement; and

 

		j.	this Support Agreement has been duly executed and delivered by the Securityholder and constitutes
a legal, valid and binding obligation of the Securityholder, enforceable against the Securityholder in accordance with its terms,
subject to bankruptcy, insolvency and other applicable laws affecting creditors’ rights generally, and to general principles
of equity.

 

2.2         The
Purchaser represents and warrants to the Securityholder as follows and acknowledges that the Securityholder is relying upon such
representations and warranties in connection with entering into this Support Agreement:

 

		a.	The Purchaser is a corporation duly incorporated and validly existing under the laws of its jurisdiction
of incorporation or continuance and has the requisite corporate power and capacity to execute and deliver this Support Agreement,
to enter into the Merger Agreement and to perform its obligations hereunder and under the Merger Agreement;

 

		b.	this Support Agreement has been duly executed and delivered by the Purchaser and constitutes a
legal, valid and binding obligation of the Purchaser, enforceable against it in accordance with its terms, subject to bankruptcy,
insolvency and other applicable laws affecting creditors’ rights generally, and general principles of equity; and

 

		c.	neither the execution and delivery by the Purchaser of this Support Agreement or the Merger Agreement,
nor the performance by the Purchaser of its obligations under this Support Agreement or the Merger Agreement shall result in the
breach or violation of, or constitute a default under, or conflict with any provision of:

 

		i.	the constating documents, by-laws or resolutions of the Purchaser Board (or any committee thereof);
or

 

		ii.	any laws to which the Purchaser is subject or by which the Purchaser is bound,

 

except where such breach or violation
individually or in the aggregate would not reasonably be expected to materially adversely affect the Purchaser’s ability
to perform its obligations under this Support Agreement or the Merger Agreement.

 

    	 

     

    

 

ARTICLE 3

TERMINATION

 

3.1         This
Support Agreement will automatically terminate on the first to occur of:

 

		a.	at any time by mutual consent of the Purchaser and the Securityholder;

 

		b.	completion of the Merger in accordance with the Merger Agreement;

 

		c.	termination of the Merger Agreement in accordance with its terms;

 

		d.	by written notice of the Securityholder if the Purchaser has not complied in any material respect
with its covenants contained in this Support Agreement or if any representation or warranty of the Purchaser herein is untrue or
incorrect in any material respect and, in each case, such non-compliance or inaccuracy is reasonably likely to prevent consummation
of the Merger and is not curable or, if curable, is not cured by the earlier of: (i) the date which is five (5) days from the date
of written notice of such breach; and (ii) the Business Day prior to the Effective Time; provided that at the time of such termination
pursuant to this Section 3.1(d) by the Securityholder, the Securityholder is not in default in any material respect
in the performance of its obligations under this Support Agreement; or

 

		e.	by written notice of the Purchaser if the Merger Resolution is not approved by the requisite majority
of Company Stockholders.

 

3.2         Upon
termination pursuant to Section 3.1 the provisions of this Agreement will become void and no party shall have any
liability to the other party, provided that no termination pursuant to Section 3.1 shall prejudice the rights of
a party as a result of any breach by any other party of its obligations hereunder.

 

ARTICLE 4

GENERAL

 

4.1         In
this Support Agreement, unless otherwise expressly stated or the context otherwise requires:

 

		a.	references to “herein”, “hereby”, “hereunder”, “hereof”
and similar expressions are references to this Support Agreement and not to any particular Section of or Schedule to this Support
Agreement;

 

		b.	references to an “Article” or a “Section” are references to an Article
or a Section of this Support Agreement;

 

		c.	words importing the singular shall include the plural and vice versa, and words importing gender
shall include the masculine, feminine and neuter genders;

 

		d.	the term “Business Day” shall have the meanings ascribed thereto in the Merger Agreement;

 

		e.	the use of headings is for convenience of reference only and shall not affect the construction
or interpretation hereof; and

 

		f.	wherever the term “includes” or “including” is used, it shall be deemed
to mean “includes, without limitation” or “including, without limitation”, respectively.

 

    	 

     

    

 

4.2         The
parties waive the application of any rule of law which otherwise would be applicable in connection with the construction of this
Support Agreement that ambiguous or conflicting terms or provisions should be construed against the party who (or whose counsel)
prepared the executed agreement or any earlier draft of the same.

 

4.3         This
Support Agreement shall become effective in respect of the Securityholder upon both: (a) execution and delivery thereof by the
Securityholder; and (b) the execution and delivery of the Merger Agreement by the Purchaser and the Company.

 

4.4         This
Support Agreement may be executed by facsimile or electronically and in any number of counterparts, each of which shall be deemed
to be original and all of which taken together shall be deemed to constitute one and the same instrument, and it shall not be necessary
in making proof of this Support Agreement to produce more than one counterpart.

 

4.5         The
Securityholder consents to the disclosure of the substance of this Support Agreement in any press release or any circular relating
to the Merger and to the filing of this Support Agreement as may be required pursuant to applicable laws.

 

4.6         This
Support Agreement shall be binding upon and shall enure to the benefit of and be enforceable by each of the parties hereto and
their respective successors, permitted assigns, heirs, executors and personal representatives. This Support Agreement shall not
be assignable by any party except in accordance with Section 4.7.

 

4.7         This
Support Agreement and the rights hereunder are not transferable or assignable by the Securityholder or the Purchaser, as applicable,
without the prior written consent of the other (which consent may be withheld at the discretion of the other).

 

4.8         Time
shall be of the essence of this Support Agreement.

 

4.9         If
any term, provision, covenant or restriction of this Support 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 Support Agreement shall remain
in full force and effect and shall in no way be affected, impaired or invalidated and the parties shall negotiate in good faith
to modify the agreement to preserve each party’s anticipated benefits under this Support Agreement.

 

4.10       The
Securityholder acknowledges that it:

 

		a.	has been advised by the Purchaser to seek independent legal advice;

 

		b.	has sought such independent legal advice or deliberately decided not to do so;

 

		c.	understands its rights and obligations under this Support Agreement; and

 

		d.	is executing this Support Agreement voluntarily.

 

4.11    
   Any notice or other communication required or permitted to be given hereunder shall be sufficiently given if
delivered or sent by facsimile transmission as follows:

 

		a.	in the case of a Securityholder, to the address set forth opposite the Securityholder’s Acceptance;
and

 

    	 

     

    

 

		b.	if to the Purchaser:

 

Americas Silver
Corporation

145 King Street
West Suite 2870

Toronto, ON M5H
1J8

Attn: Darren
Blasutti

Email: dblasutti@americassilvercorp.com

 

With a copy
to:

 

Troutman Sanders
LLP

401 9th Street,
N. W. Suite 1000

Washington, D.C.
20004

Attn: Thomas
M. Rose

Email: thomas.rose@troutman.com

 

or at such other address
as the party to which such notice or other communication is to be given has last notified the party giving the same in the manner
provided in this Section 4.11, and if so given shall be deemed to have been given on the date on which it was actually
received at the address provided herein (if received on a Business Day, if not, the next succeeding Business Day) and if sent by
electronic mail transmission be deemed to have been given at the time of actual receipt of the complete electronic mail transmission
at the e-mail address provided herein (if actually received prior to 5:00 p.m. (local time at the point of receipt) on a Business
Day, if not the next succeeding Business Day).

 

4.12      This
Support Agreement (together with all other documents and instruments referred to herein) constitutes the entire agreement between
the parties with respect to the subject matter hereof and supersedes all other agreements and undertakings, both written and oral,
among the parties with respect to the subject matter hereof.

 

4.13      This
Support Agreement shall be governed in all respects, including validity, interpretation and effect, by the laws of the State of
Nevada, without giving effect to any principles of conflict of laws thereof which would result in the application of the laws of
any other jurisdiction, and all actions and proceedings arising out of or relating to this Support Agreement shall be heard and
determined exclusively in the courts of the State of Nevada.

 

4.14      The
Securityholder recognizes and acknowledges that this Support Agreement is an integral part of the Purchaser entering into the Merger
Agreement, and that the Purchaser would not contemplate proceeding with entering into the Merger Agreement unless this Support
Agreement was entered into by the Securityholder, and that a breach by the Securityholder of any covenants or other commitments
contained in this Support Agreement will cause the Purchaser to sustain injury for which it would not have an adequate remedy at
law for money damages. Therefore, the Securityholder agrees that, in the event of any such breach, the Purchaser shall be entitled
to the remedy of specific performance of such covenants or commitments and preliminary and permanent injunctive and other equitable
relief in addition to any other remedy to which they may be entitled, at law or in equity, and the Securityholder further agrees
to waive any requirement for the securing or posting of any bond in connection with the obtaining of any such injunctive or other
equitable relief.

 

[Remainder of page intentionally
left blank.]

 

    	 

     

    

 

If the foregoing accurately
reflects the terms and conditions of our agreement, would you kindly indicate your acceptance hereof by signing, dating and returning
to the undersigned the enclosed Support Agreement by electronic mail or otherwise.

 

	 	AMERICAS SILVER CORPORATION 
	 	 
	 	By: 	 
	 	Name:
	 	Title:

 

SECURITYHOLDER’S ACCEPTANCE 

 

Irrevocably accepted and agreed ______________________, 2018.

 

	Address for Notice: 	 	Name of Securityholder: 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	Signature: 
	 	 	 
	 	 	 

 

	Registered or	 	Number of Shares	 	Number of Shares	 	Number of Convertible Securities
	Beneficial Holder	 	of Common
    Stock	 	of Preferred Stock	 	Warrants	 	Options
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	TOTAL:Exhibit 10.2

 

AMENDMENT TO FOURTH AMENDED SEVERANCE
COMPENSATION AGREEMENT

 

This Amendment to Fourth
Amended Severance Compensation Agreement (“Amendment”) is effective as of September 28, 2018 (“Effective
Date”), by and among Pershing Gold Corporation, a Nevada corporation (the “Company”), and Eric Alexander
(the “Employee”), and amends that certain Fourth Amended Severance Compensation Agreement (the “Original
Agreement”), dated December 21, 2017 between the Company and Employee. Capitalized terms used in this Amendment without
definition have the meanings given in the Original Agreement.

 

WHEREAS, the Original Agreement expires
on December 31, 2018.

 

WHEREAS, the parties desire to modify the
Original Agreement to extend the term of the Original Agreement through March 31, 2019.

 

NOW, THEREFORE, in consideration of the
mutual covenants and promises contained herein, the parties hereby agree as follows:

 

		1.	Amendment. The term set forth in Section 2 of the Original Agreement is hereby extended
to March 31, 2019.

 

		2.	General. Except as otherwise modified herein, all other terms and provisions of the Original
Agreement shall remain in full force and effect. The performance and construction of this Amendment shall be governed by the internal
laws of the State of Colorado. This Amendment may be executed in any number of counterparts, with each such counterpart constituting
an original and all such counterparts constituting but one and the same instrument. Signatures may be exchanged by facsimile or
by an email scanned .PDF signature page, with original signatures to follow. Each party agrees that it will be bound by its own
facsimiled or .pdf-scanned signature and that it accepts the facsimiled or PDF-scanned signature of the other party.

 

    	1

     

    

 

IN WITNESS WHEREOF, the parties have executed
this Amendment as of the Effective Date.

 

	
        
	PERSHING GOLD CORPORATION
	 	 
	 	By: 	/s/ Stephen D. Alfers
	 	Its: President and Chief Executive Officer
	 	Name: Stephen D. Alfers

 

	 	/s/ Eric Alexander
	 	Eric Alexander

 

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