RE: ASSIGNMENT AGREEMENTAssignment Agreement • November 13th, 2024 • Comstock Inc. • Industrial organic chemicals • Nevada
Reference is hereby made to that certain Limited Liability Company Operating Agreement effective June 24, 2021 (“Operating Agreement”), by and between COMSTOCK INC. (F/K/A COMSTOCK MINING INC.) (“Comstock”), DEEP INTERSTELLAR RESEARCH INC (“DIR”), and QUANTUM GENERATIVE MATERIALS LLC (“GenMat”), and various documents, instruments, and agreements executed in connection therewith (collectively, the “Transaction Documents”). Reference is hereby further made to that certain non-binding memorandum of understanding dated April 25, 2024, by and between Comstock and GenMat (“MOU”), and that certain agreement effective October 1, 2024, by and between Comstock, DIR, and GenMat (“Letter Agreement”). This assignment agreement (this “Agreement”), dated and effective as of November 6, 2024 (the “Effective Date”), shall confirm, for good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the agreement of the undersigned (each a “Party” and, collectively, the “Parti
