2017 10K/A Scherba's Agreement Compensation (1) The fixed compensation payable for the Services of the Executive shall be paid to him at regular intervals in accordance with the policies of the Company established from time to time but not less than monthly, commencing at the rate of two hundred and forty thousand ($240,000.00) Dollars per annum, subject to periodic adjustments as may be agreed by the Parties less applicable deductions and withholdings. (2) In addition, the Executive is eligible for performance bonuses by the Company upon the achievement of certain milestones and objectives as determined by the Compensation Committee of the Companys Board of Directors in its discretion. (3) Without limiting the generality of the foregoing, fixed periodic bonuses shall also be paid in the amounts stated hereafter upon the achievement and completion of the following milestones: Milestones Bonus (a) Closing of definitive offtake agreement(s) Full Phase 1 production $25,000.00 (b) Commencement of mining and commissioning of processing plant (after 6 mos) $100,000.00 5. Benefits