Common use of Validity of Proposal Clause in Contracts

Validity of Proposal. The Proposal Details are valid for acceptance for a period of 30 days from their date. After that time, Micromine reserves the right to alter the Proposal. Micromine currently provides the following Software Products: 2.1 Rapid Reserver Used for the creation of scheduling reserves, blast masters, geological blockouts, and dig lines. Rapid Reserver allows Users to quickly build pit solids, split them by bench, design blast shapes, and split blasts into dig/grade control blocks. Closed, valid solids are automatically generated along the way and are reserved against the specified block models. Rapid Reserver outputs solids, polygons, and block model reserves for use in short-, medium- and long-term mine planning. 2.2 Haul Infinity Used for the design of haulage networks, and calculation of travel and cycle times. Haul Infinity can be used standalone, with the supplied Excel integration module, or inside Micromine’s mine scheduling products. It is used for short-, medium-, and long-term mine planning including equipment selection studies, haulage studies, and scheduling.

Validity of Proposal. The Proposal Details are valid for acceptance for a period of 30 days from their date. After that time, Micromine reserves the right to alter the Proposal. Proposal.‌ Product Descriptions Micromine currently provides the following Software Products: 2.1 Rapid Reserver Reserver‌ Used for the creation of scheduling reserves, blast masters, geological blockouts, and dig lines. Rapid Reserver allows Users to quickly build pit solids, split them by bench, design blast shapes, and split blasts into dig/grade control blocks. Closed, valid solids are automatically generated along the way and are reserved against the specified block models. Rapid Reserver outputs solids, polygons, and block model reserves for use in short-, medium- and long-term mine planning. 2.2 Haul Infinity Infinity‌ Used for the design of haulage networks, and calculation of travel and cycle times. Haul Infinity can be used standalone, with the supplied Excel integration module, or inside Micromine’s mine scheduling products. It is used for short-, medium-, and long-term mine planning including equipment selection studies, haulage studies, and scheduling.