Intent of Term SheetNovember 21st, 2019
FiledNovember 21st, 2019This Term Sheet confirms the preliminary agreement reached between the parties as to the intended commercial terms for the proposed sale and purchase and the development of the Superlot/s as described in this Term Sheet. Accordingly, this Term Sheet is solely intended to set forth in writing the mutual intentions of the parties. Whilst it creates binding obligations as to the matters stated here, it is subject to each parties Board approval and the execution of a satisfactory Development Agreement.