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Termination and Mutual Release Agreement • July 16th, 2021 • New York

Termination 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 WHEREAS, the parties hereto now desire to terminate the Sales/Buy-Back Agreement and release each other from any and all claims that they may have arising under or in connection with the Sales/Buy-Back Agreement. NOW THEREFORE, in consideration of the mutual covenants of the parties hereto hereinafter set forth, and for othe

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