ASSIGNMENT OF RIGHTS AGREEMENT
MARIO IVAN HERNÁNDEZ ALVAREZ
R OYAL G OLD CHILE LIMITADA
ROYAL GOLD INC .
Assignment of Rights Agreement
THIS ASSIGNMENT OF RIGHTS AGREEMENT (“ Agreement ”) effective January 16, 2007 (“ Effective
Date ”) is by and between Mario Ivan Hernández Alvarez , Chilean, mining engineer, married with identification
certificate number 4773296-K, domiciled at La Concepción 266, Suite 701, Providencia, Chile, (“ Assignor ”)
and Royal Gold, Inc. a corporation organized and existing under the laws of the State of Delaware, United States
of America, (“ Royal Gold Inc .”) acting on behalf of Royal Gold Chile Limitada, a Chilean limited liability
company under formation (“ Royal Gold Chile ”) and as guarantor of the obligations of Royal Gold Chile
hereunder, domiciled at Torre de la Costanera, Avenida Andres Bello 2711, 16th Floor, Santiago, Chile.
Compañia Minera Barrick Chile Limitada (“ Barrick ”) and Assignor are the parties to that certain Stock
“ Pascua-Lama Contract ”) a true and complete copy of which is
attached hereto as Exhibit A .
Pursuant to the Pascua-Lama Contract, Assignor is entitled to receive as the balance of the price due from
Barrick: (i) as provided in Clauses 4d) and 4e), an amount equivalent to a variable percentage of the value of
gold produced by Barrick or it successors from mineral concessions located in whole or in part within an area
identified in Annex A to the Pascua-Lama Contract, and (ii) as provided in Clause 4f), an amount equivalent to
0.4314% of proceeds from copper sold on and after January 1, 2017 that is produced by Barrick or it
successors from mineral concessions located in whole or in part within an area identified in Annex A to the
Pascua-Lama Contract, less certain specified deductions, all on the terms and conditions specified in the Pascua-
Lama Contract (collectively, together will all rights granted to Assignor by th