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<br />VIII. TERM <br />The term of this MOU shall be [one (1) year] unless otherwise modified by written <br />agreement of BMRI and DMG. <br />IX. <br />Amendments to this MOU may be proposed at any time by either party to the MOU <br />and said amendment shall become effective upon the written approval of the parties hereto. <br />X. DISPUTES <br />In the event either party to this MOU believes that a dispute has arisen hereunder, <br />it shall give written notice to the other party setting forth the nature of the dispute and the <br />basis for its position. The Parties agree to negotiate in good faith for a period of ten (10} <br />days from receipt of the notice to seek a resolution. If the Parties are unable to reach a <br />mutually acceptable resolution during the negotiation period, the dispute shall be forwarded <br />to the Mined Land Reclamation Board for resolution in accordance with applicable <br />procedural rules. <br />-7- <br />