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7. The failure of either of the Parties to insist in any one or more instances <br />upon a strict compliance with any of the obligations, covenants, and agreements herein <br />contained or the failure of either of the Parties in any one or more instances to exercise <br />any option, privilege, or right herein contained shall in no way be construed to constitute <br />a waiver or relinquishment or release of such obligation, covenant, or agreement, and no <br />forbearance by either of the Parties of any default hereunder shall in any manner be <br />construed as constituting. a waiver of such default. <br />8. During the Lease Term, Landlord shall pay any and all real property taxes <br />and assessments levied upon the Premises. <br />9. The parties agree that the Tenant may assign this Lease to a subsidiary, <br />affiliate, or related company, including, but not limited to, AngloGold Ashanti North <br />America Inc. and Rocky Mountain Gold Innovations Inc. Tenant shall remain <br />responsible for strict compliance with the obligations, covenants, and agreements herein <br />contained. <br />10. Any written notice called for by the terms of this Lease shall be mailed by <br />certified mail to the respective parties at their addresses given herein. <br />11. This Lease constitutes the entire agreement of the Parties with regard to <br />the subject matter herein, and the Parties are not bound by any agreements, <br />understandings, conditions, or inducements otherwise than are expressly set forth and <br />stipulated herein. No change, alteration, amendment, modification, or waiver of any <br />terms or provisions hereof shall be valid unless the same is in writing and signed by the <br />Parties. <br />12. This Lease may be executed in. counterparts, which together shall <br />constitute a single, original instrument. <br />[The remainder of this page has been left intentionally blank.] <br />Page 3 of 4 <br />