Common use of Extension of the Offer Clause in Contracts

Extension of the Offer. The Parties agree that if prior to the Expiry Date Kinross becomes aware that any condition set out in Schedule A is unlikely to be satisfied or performed prior to the Expiry Date, it may, prior to the expiry of the Offer, in accordance with applicable Laws, extend the period during which Common Shares may be deposited under the Offer for one or multiple periods.