Oral Agreement to Extend Independent Contractor Agreement between Goldrich Mining Company and Ted R. Sharp, CPA / Sharp Executive Associates
Goldrich Mining Company and Ted R. Sharp, CPA, along with his firm Sharp Executive Associates, agreed orally on February 10, 2010, to extend their existing Independent Contractor Agreement retroactively from January 1, 2010. The extension will last until Goldrich Mining determines its success in obtaining financing for its 2010 mining and exploration season. The outcome of the financing will influence the scope and terms of any future, longer-term contract. The extension was approved by Goldrich Mining's board of directors.
Exhibit 10.38
Oral Agreement to Extend Independent Contactor Agreement
On February 10, 2010, Goldrich Mining Company and Ted R. Sharp, CPA, and his consulting firm Sharp Executive Associates, orally agreed to extend the Independent Contactor Agreement dated March 1, 2006, retroactively to January 1, 2010 for a period until the Company can determine its success in securing financing for its 2010 mining and exploration season. The parties recognize that the measure to which the Company is successful in its financing will determine the mining and exploration program that the Company may or may not be able to undertake for 2010, and therefore may significantly affect the pricing and terms of a longer term contract.
The agreement was approved by resolution of the board of directors of Goldrich Mining Company dated February 10, 2010.
