Exhibit 10.7 EMPLOYMENT AGREEMENT AGREEMENT dated as of the 1st day of January, 2007 between Global Gold Corporation, a Delaware corporation (the "Company"), and Hrayr Agnerian, (the "Employee") (the "Agreement"). W I T N E S S E T H: WHEREAS, the...Employment Agreement • April 2nd, 2007 • Global Gold Corp • Gold and silver ores • New York
Global Gold Mining, LLC 45 East Putnam Avenue o Greenwich, CT 06830 Tel: 203.422.2300 o Fax: 203.422.2330Global Gold Corp • April 2nd, 2007 • Gold and silver ores
This letter agreement memorializes your resignation effective September 30, 2006 as Director of Exploration and Mining of Global Gold Mining, LLC pursuant to your August 1, 2005 Employment Agreement, as amended August 1, 2006. According to your August 1, 2005 restricted stock award, 15,000 of the total 45,000 shares of Global Gold Corporation have vested; according to your December 29, 2005 restricted stock award, none of the 10,000 shares awarded have vested. Please return the certificates representing those awards, and the transfer agent will be requested to issue you a new certificate for the 15,000 shares which have vested.
