2014-09-15_REVISION - M2007044 (3)

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t 4. Technical Information. Promptly following the execution of this Agreement, Lessor shall deliver to Energy Fuels all geological, geophysical, geochemical and engineering data and information in its control which relates to the Subject Properties. 5. Term. The term of this Agreement shall be for a period of twenty (20) years from the date hereof, and so long thereafter as the Minerals from any of the Subject Properties are being produced on a continuing basis, unless sooner terminated or further extended by mutual agreement of the parties or as provided herein. Whenever the continued term of this Agreement is dependent upon continuing production by Energy Fuels and there occur periods: (a) when, in the sole discretion of Energy Fuels, there is no reasonable market for the Minerals which are or could be produced by Energy Fuels from the Subject Properties; or (b) when production, marketing or disposal by Energy Fuels of the Minerals from the Subject Properties is prevented or interrupted by a condition or happening of force majeure as defined in Paragraph 26 below, the term of the Agreement shall nevertheless continue if during such period or periods the advance royalties provided for in Paragraph 8 hereof are paid. When, in the sole discretion of Energy Fuels, a satisfactory market becomes available, Energy Fuels shall have a reasonable time thereafter within which to resume production of the Minerals from the Subject Properties. A "reasonable market" shall not exist and Energy Fuels may suspend operations during periods when the Minerals cannot be produced and sold at a profit by reason of low prices,or otherwise, or when the Minerals cannot be readily sold at prevailing prices so that an unreasonable inventory thereof has accumulated or otherwise would accumulate. 6. Cross-Minim Rights and Access. To the extent Lessor has the right to grant, during the term of this Agreement Energy Fuels is hereby granted the right, if it so desires, to possess and use all or any part of the Subject Properties and any or all structures, facilities, tunnels, shafts,pits, openings, ditches,pipelines, equipment,machinery roads, haulage ways and other improvements or appurtenances existing thereon or thereunder for the purpose of developing, producing, removing, extracting, mining, treating, processing, stockpiling, storing, depositing and transporting minerals, concentrated products, wastes, water, fluids, solutions or materials from any adjoining or nearby property owned, controlled or operated by Energy Fuels, and for any other purposes, including access, connected with exploration, development or producing operations on such adjoining or nearby property. 3