Exhibit 10.1
CHANGE ORDER NO. 02
TO
AGREEMENT NO. FCM-CON-13-004
BETWEEN
EMIRATES NUCLEAR ENERGY CORPORATION (ENEC)
AND
LIGHTBRIDGE CORPORATION
Fuel Fabrication QA/QS Services
Emirates Nuclear Energy Corporation
AGREEMENT CHANGE ORDER
Agreement No:FCM-CON-13-004 | Change Order No.:2 | Date:01 Oct 2014 |
Agreement Title: Fuel Fabrication QA/QS Services | ||
Contractor:Lightbridge Corporation | ||
Change Order Duration:01 Oct 2014 – 31 Dec 2014 | ||
Preamble: | ||
This Change Order No. 2 is Customer’s formal approval of this Change Order to the above Agreement FCM-CON-13-004. | ||
Change Order Details: | ||
This Change Order is made to extend the contract by three months from 01 Oct 2014 to 31 Dec 2014 with the same SOW and T&C’s of the existing Agreement in order to cover the duration of last deliverables received from Lightbridge Corporation. | ||
Effect on Agreement Schedule: | ||
The Original Agreement duration is from 01 Nov 2013 to 31 Dec 2013 Change Order No. 1 duration is from 01 Jan 2014 to 30 Sep 2014 Change Order No. 2 duration is 01 Oct 2014 to 31 Dec 2014 The revised agreement duration is from 01 Nov 2013 to 31 Dec 2014 | ||
Terms and Conditions: | ||
Except as otherwise stated in this Change Order, all other terms and conditions of the original Agreement and the change orders shall remain unchanged. | ||
Effect on Agreement Price: | ||
• Original Agreement | AED 252,019.00 | |
• Change Order No. 01 | AED 1,153,322.00 | |
• Change Order No. 02 | AED 0.00 | |
Total Revised Contract Value AED | AED 1,405,341.00 |
SIGNATORIES
IN WITNESS of which each of the parties has signed this Agreement Change Order No. 02 on the Effective Date:
SIGNED by | ) | By: /s/ Craig Wilson |
For and on behalf ofEmirates Nuclear EnergyCorporation (ENEC) | ) | Name: Craig Wilson |
) | Title: Contract & Procurement Manager | |
Date: | ||
SIGNED by | By: /s/ Seth Grae | |
for and on behalf ofLIGHTBRIDGECORPORATION | Name: Seth Grae | |
Title: President & CEO | ||
Date: 27 March 2015 |