0000950134-09-006957 Sample Contracts

PRINCIPLES OF AGREEMENT
Principles of Agreement • April 6th, 2009 • Royal Gold Inc • Mineral royalty traders
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STOCKHOLDER AGREEMENT
Stockholder Agreement • April 6th, 2009 • Royal Gold Inc • Mineral royalty traders • Delaware

STOCKHOLDER AGREEMENT (this “Agreement”) dated as of April 3, 2009, is by and among Royal Gold, Inc., a corporation organized under the laws of the State of Delaware, United States of America (the “Company”), Compañía Minera Carmen de Andacollo, a contractual mining company organized under the laws of Chile (“Stockholder”) and Teck Cominco Limited, a company organized under the laws of British Columbia, Canada (“Teck”).

MASTER AGREEMENT
Master Agreement • April 6th, 2009 • Royal Gold Inc • Mineral royalty traders • Colorado

THIS MASTER AGREEMENT dated the 3rd day of April, 2009, between Compañía Minera Carmen de Andacollo, a contractual mining company organized under the laws of Chile (“Operator”) and Royal Gold, Inc., a corporation organized under the laws of the State of Delaware, Unites States of America (“Royal Gold”).

FORM OF AVIO AGREEMENT
Form of Avio Agreement • April 6th, 2009 • Royal Gold Inc • Mineral royalty traders

In Santiago Chile, on of of 2009, before me, , Notary Public of the Notary of Santiago, with domicile in number , , appear: Mr. (individualize), on behalf of the contractual mining company Compañía Minera Carmen de Andacollo, Tax Payer Number , for these purposes both domiciled at street, number , (hereinafter “Minera Andacollo”, “Miner” or “Debtor”), on one hand, and on the other, Mr. (individualize), on behalf of Royal Gold Inc., Tax Payer Number , for these purposes domiciled at street, number , (hereinafter also “Royal Gold”, “Aviador”, or “Creditor”); the appearing Parties of legal age, who evidence their identity with the referred to documents, and state as follows:

REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • April 6th, 2009 • Royal Gold Inc • Mineral royalty traders • Colorado

REGISTRATION RIGHTS AGREEMENT (this “Agreement”) dated as of [ ], 2009, is by and between Royal Gold, Inc., a corporation organized under the laws of the State of Delaware, United States of America (the “Company”) and Compañía Minera Carmen de Andacollo, a contractual mining company organized under the laws of Chile (“Stockholder”).

FORM OF ROYALTY AGREEMENT
Form of Royalty Agreement • April 6th, 2009 • Royal Gold Inc • Mineral royalty traders

In Santiago, Chile, before me, , Notary Public of the Notary of Santiago, with domicile in , appear Mr. [name, nationality, marital status, profession, national identity card number] on behalf of Compañía Minera Carmen de Andacollo, a company organized under the law of Chile (“Operator”), for these purposes both domiciled at , and Mr. [name, nationality, marital status, profession, national identity card number], on behalf of Royal Gold, Inc., a Delaware corporation (“Royal Gold”), for these purposes both domiciled at , who evidenced their identity with the referred to documents, the parties of legal age, who state as follows:

SIGUIRI GOLD PROJECT, GUINEA, WEST AFRICA OPTION AGREEMENT BETWEEN and GOLDEN SHAMROCK MINES LIMITED Dated the 23rd day of December 1992
Agreement • April 6th, 2009 • Royal Gold Inc • Mineral royalty traders • England

RECITALS (Capitalised terms and expressions including names of entities used in these recitals are defined in Article 1)

PANCON/UM DEED
Royal Gold Inc • April 6th, 2009 • Mineral royalty traders • England
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