Rimrock Gold Corp (RMRK)

[Dobie Lama]

New deal for Jordan. $75,000 and 7 mill in shares.

Item 1.01 Entry Into a Material Definitive Agreement



On February 2, 2015, the Company entered into an employment agreement with Jordan Starkman as Chief Executive Officer and Chief Financial Officer of the Company for an initial term ending on February 2, 2018, with an automatic renewal for an additional year unless the Agreement is terminated by advance notice. Mr. Starkman also served as a director of the Company. Mr. Starkman’s base salary per year will be $75,000, subject to adjustments to be determined by the board of directors. Mr. Starkman shall receive 7,000,000 shares of our common stock upon execution of the agreement. If the agreement is terminated by the executive for Good Reason (as defined in the agreement) or by the Company without cause or on account of the Company's failure to renew the agreement, Mr. Starkman shall be entitled to receive the accrued but unpaid based salary and expenses, as well as a lump sum payment equal to three times the sum of the base salary for the year in which the termination occurs, and a grant of 10,000,000 non-dilutive shares of the Company’s common stock.

On February 2, 2015, the Company entered into an employment agreement with Richard R. Redfern as VP Exploration of the Company for an initial term ending on February 2, 2018, with an automatic renewal for an additional year unless the Agreement is terminated by advance notice. Mr. Redfern also served as a director of the Company. Mr. Redfern’s base salary per year will be $75,000, subject to adjustments to be determined by the board of directors. Mr. Redfern shall receive 7,000,000 shares of our common stock upon execution of the agreement. If the agreement is terminated by the executive for Good Reason (as defined in the agreement) or by the Company without cause or on account of the Company's failure to renew the agreement, Mr. Redfern shall be entitled to receive the accrued but unpaid based salary and expenses, as well as a lump sum payment equal to three times the sum of the base salary for the year in which the termination occurs, and a grant of 10,000,000 non-dilutive shares of the Company’s common stock.