American Gold Reserve LLC values its customer relationships and will make every reasonable effort to resolve disputes directly with its customers. If a dispute cannot be resolved informally, the customer and American Gold Reserve LLC agree that any dispute, claim, demand, controversy, or cause of action arising out of or relating to any purchase, sale, transaction, agreement, communication, representation, or relationship between the parties shall be resolved exclusively by final and binding arbitration administered by the American Arbitration Association under its Commercial Arbitration Rules then in effect. This Arbitration Agreement is governed by the Federal Arbitration Act.

The arbitration shall take place exclusively in Jefferson County, Texas. The arbitrator shall permit reasonable discovery consistent with the Texas Rules of Civil Procedure as necessary for a fair resolution of the dispute. The arbitrator shall have the authority to award any remedy available under applicable law, and judgment upon the arbitration award may be entered in any court having jurisdiction.

THE CUSTOMER AND AMERICAN GOLD RESERVE LLC UNDERSTAND THAT THEY ARE WAIVING THE RIGHT TO A TRIAL BEFORE A JUDGE OR JURY.

ALL CLAIMS SUBJECT TO THIS AGREEMENT SHALL BE BROUGHT SOLELY IN THE INDIVIDUAL CAPACITY OF THE CLAIMANT AND NOT AS A PLAINTIFF, CLASS MEMBER, OR REPRESENTATIVE IN ANY CLASS, COLLECTIVE, CONSOLIDATED, PRIVATE ATTORNEY GENERAL, OR REPRESENTATIVE ACTION. THE ARBITRATOR SHALL HAVE NO AUTHORITY TO CONSOLIDATE CLAIMS OR CONDUCT A CLASS, COLLECTIVE, OR REPRESENTATIVE PROCEEDING.

This Arbitration Agreement survives the completion of any transaction between the parties.