Series 2023 Agreement Sample Contracts

SERIES 2023 AGREEMENT
Series 2023 Agreement • July 24th, 2018 • Applied Minerals, Inc. • Mining & quarrying of nonmetallic minerals (no fuels) • New York

This SERIES 2023 AGREEMENT (this “Agreement’) is entered into as of this 12th of May 2017, by and between Applied Minerals, Inc., a Delaware corporation (the “Company”) and the holders (“Majority Holders”) of a majority of the 10% PIK-Election Convertible Note due 2023 (“Series 2023 Notes”) (each holder of a Note, a “Series 2023 Noteholder,” and together, the “Series 2023 Noteholders”). The Company and each of the Series 2023 Noteholders may be referred to herein individually as a “Party” or collectively as the “Parties.”

SERIES 2023 AGREEMENT
Series 2023 Agreement • October 4th, 2017 • Applied Minerals, Inc. • Mining & quarrying of nonmetallic minerals (no fuels) • New York

This SERIES 2023 AGREEMENT (this “Agreement’) is entered into as of this 12th of May 2017, by and between Applied Minerals, Inc., a Delaware corporation (the “Company”) and the holders (“Majority Holders”) of a majority of the 10% PIK-Election Convertible Note due 2023 (“Series 2023 Notes”) (each holder of a Note, a “Series 2023 Noteholder,” and together, the “Series 2023 Noteholders”). The Company and each of the Series 2023 Noteholders may be referred to herein individually as a “Party” or collectively as the “Parties.”

Amendment No. 1 to Series 2023 Agreement
Series 2023 Agreement • July 24th, 2018 • Applied Minerals, Inc. • Mining & quarrying of nonmetallic minerals (no fuels)

This Amendment No. 1 (the “Amendment”) dated _________________, 2017 to the Series 2023 Agreement dated May 12, 2017 (“Series 2023 Agreement”) is entered into by and between the Company and the Majority Holders of the Series 2023 Notes.