DGSE COMPANIES, INC. OPTION GRANT AGREEMENTOption Grant Agreement • October 28th, 2011 • Dgse Companies Inc • Retail-jewelry stores • Nevada
This Option Grant Agreement (this “Option Agreement”) is entered into as of October __, 2011 (the “Date of Grant”), by and between NTR Metals, LLC a Texas limited liability company (the “Optionee”) and DGSE Companies, Inc., a Nevada corporation (the “Company”), in exchange for the forgiveness of an aggregate of $2.5 million in inter-company debt currently owed to the Optionee by the Company, which, upon the execution and delivery of this Option Agreement, shall be fully satisfied (the “Option Consideration”).
DEBT CANCELLATION AGREEMENTDebt Cancellation Agreement • October 28th, 2011 • Dgse Companies Inc • Retail-jewelry stores • Texas
This DEBT CANCELLATION AGREEMENT (this “Agreement”) is dated as of October __, 2011, by and between DGSE COMPANIES, INC., a Nevada corporation (“DGSE”) and NTR METALS, LLC, a Texas limited liability company (“NTR” and, together with DGSE, the “Parties,” each, a “Party”).
