First Amendment to Asset Funding / Operation Agreement among USCORP, USMetals, Arizona Gold Corp., Arizona Gold Founders, Kaswit, AGC Corp., and Individuals

Summary

This amendment updates the original Asset Funding / Operation Agreement dated June 28, 2012, between USCORP, USMetals, Arizona Gold Corp., Arizona Gold Founders, Kaswit, AGC Corp., and individuals William and Denise DuBarry Hay. The main change is to extend the closing date to no later than September 10, 2012. All other terms of the original agreement remain unchanged.

EX-10.2 3 exhibit_10-2.htm FIRST AMENDMENT TO THE AGREEMENT, DATED JUNE 30, 2012

Exhibit 10.2 First Amendment to Agreement, dated September 10, 2012

FIRST AMENDMENT TO

ASSET FUNDING / OPERATION AGREEMENT

This Asset Funding / Operation Agreement ("Agreement") entered into this 30th day of June, 2012 by and among USCORP, a Nevada corporation; USMetals, a Nevada corporation; Arizona Gold Corp., a British Columbia corporation; Arizona Gold Founders, L.L.C., a California limited liability company; William and Denise DuBarry Hay; Kaswit, Inc. and AGC Corp., an Arizona corporation.

WHEREAS, the above parties collectively entered into the Agreement dated June 28, 2012; and

WHEREAS, the parties desire to amend Paragraph 2 thereof as hereinafter set forth.

NOW THEREFORE, in consideration of the premises and other good and valuable consideration, the parties hereto agree as follows:

1. Paragraph 2 of the Agreement is hereby amended to provide that the Closing shall take place not later than September 10, 2012;

2. In all other respects, the Agreement shall remain unaffected.

DATED this 10th day of September, 2012.

USCORP, a Nevada corporation USMETALS, a Nevada corporation
By:_ /s/ Robert Dultz _ By: /s/ Robert Dultz
Its: President__ Its: President
   
Arizona Gold Corp., a British Columbia Arizona Gold Founders, L.L.C.,
corporation a California limited liability company
   
By: /s/ William F. Hay _ By: /s/ William F. Hay
Its: President Its: Managing Partner
   
/s/ William F. Hay _ Kaswit, Inc.
William F. Hay  
  By: /s/ Denise DuBarry Hay
/s/ Denise DuBarry Hay Its:_ President and CEO
Denise DuBarry Hay  
   
AGC Corp, an Arizona corporation  
   
By:_ /s/ William F. Hay  
Its: President