Common Contracts

AGREEMENT

Settlement Agreement • September 21st, 2016 • New York

• Contract Type
  Settlement Agreement
• Filed
  September 21st, 2016
• Jurisdiction
  New York

This Agreement on New Terms for the Kumtor Project ("Agreement on New Terms"), dated April 24, 2009, among the Government of the Kyrgyz Republic acting on behalf of the Kyrgyz Republic (the "Government"), Kyrgyzaltyn JSC ("Kyrgyzaltyn"), Cameco Corporation ("Cameco"), Centerra Gold Inc. ("Centerra"), Kumtor Gold Company CISC ("KGC") and Kumtor Operating Company CJSC ("KOC") (each one of them, a "Party", and collectively the "Parties"), is a framework agreement that defines the understandings reached among the Parties with respect to the exploration for and development of gold and silver mineral resources and the production and sale of gold and silver from the Kumtor Deposit (the "Kumtor Project").