Contract termination agreement and release templateContract Termination Agreement • April 27th, 2021 • New York
Contract Type FiledApril 27th, 2021 JurisdictionTermination and Mutual Release Agreement - Molycorp Minerals LLC and Traxys North America LLC Termination and Mutual Release Agreement This Termination and Mutual Release Agreement (the "Agreement") is entered into as of June 16, 2010, by and between Molycorp Minerals, LLC, a Delaware limited liability company ("Molycorp") and Traxys North America LLC, a Delaware limited liability company ("Traxys"). WHEREAS, pursuant to that certain Sales/Buy-Back Agreement, dated May 15, 2009 (the "Sales/Buy-Back Agreement"), by and between Molycorp and Traxys, Traxys agreed to purchase from Molycorp didymium oxide and bastnasite on the terms and conditions set forth therein; and