NIOCORP DEVELOPMENTS LTD - FORM 10-K - EX-10 - AMENDMENT TO CONTRACT, DATED SEPTEMBER 1, 2019, BETWEEN THE COMPANY AND KMSMITH, - September 16, 2020

Attached files

file filename
EX-32 - CERTIFICATION OF THE CHIEF FINANCIAL OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, - NIOCORP DEVELOPMENTS LTDsf0013h_ex32-2.htm
EX-32 - CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, - NIOCORP DEVELOPMENTS LTDsf0013h_ex32-1.htm
EX-31 - CERTIFICATION OF THE CHIEF FINANCIAL OFFICER PURSUANT TO EXCHANGE ACT RULES 13A- - NIOCORP DEVELOPMENTS LTDsf0013h_ex31-2.htm
EX-31 - CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER PURSUANT TO EXCHANGE ACT RULES 13A- - NIOCORP DEVELOPMENTS LTDsf0013h_ex31-1.htm
EX-23 - CONSENT OF MR. JEAN-FRANCOIS ST-ONGE, P. ENG - NIOCORP DEVELOPMENTS LTDsf0013h_ex23-3.htm
EX-23 - CONSENT OF MR. GLEN KUNTZ, P. GEO - NIOCORP DEVELOPMENTS LTDsf0013h_ex23-2.htm
EX-23 - CONSENT OF BDO USA. - NIOCORP DEVELOPMENTS LTDsf0013h_ex23-1.htm
EX-10 - PROMISSORY NOTE UNDER THE SBA PAYCHECK PROTECTION PROGRAM DATED APRIL 17, 2020 B - NIOCORP DEVELOPMENTS LTDsf0013h_ex10-24.htm
EX-10 - LOAN AGREEMENT UNDER THE SBA PAYCHECK PROTECTION PROGRAM DATED APRIL 17, 2020 BE - NIOCORP DEVELOPMENTS LTDsf0013h_ex10-23.htm
EX-10 - WOLTEMATH 003J EXTENSION TO OPTION TO PURCHASE, DATED DECEMBER 23, 2019, AMONG E - NIOCORP DEVELOPMENTS LTDsf0013h_ex10-9.htm
EX-10 - WOLTEMATH 003J AMENDED AND RESTATED OPTION TO PURCHASE, DATED JANUARY 4, 2017, A - NIOCORP DEVELOPMENTS LTDsf0013h_ex10-8.htm
EX-10 - BEETHE008 EXTENSION TO OPTION TO PURCHASE, DATED APRIL 29, 2020, AMONG ECRC AND - NIOCORP DEVELOPMENTS LTDsf0013h_ex10-7.htm
EX-10 - CONTRACT ASSIGNMENT AND NOVATION AGREEMENT, DATED AS OF AUGUST 31, 2020, AMONG T - NIOCORP DEVELOPMENTS LTDsf0013h_ex10-4.htm
10-K - ANNUAL REPORT - NIOCORP DEVELOPMENTS LTDsf0013h_10k.htm

 

Exhibit 10.3

 

AMENDMENT TO CONTRACT

 

AGREEMENT, made and entered into this 1st day of September, 2019, by and between NIOCORP DEVELOPMENTS LTD., of 7000 South Yosemite Street, Suite115, Centennial, CO 80112 (hereinafter referred to as “NioCorp”) and KMSMITH, LLC., having an office in Highlands Ranch, Co, USA (hereinafter referred to as “Consultant”).

 

W I T N E S S E T H

 

WHEREAS, NioCorp and Consultant have previously entered into that certain “Consulting Agreement” dated May 13, 2014 (hereinafter referred to as the “Contract”); and

 

WHEREAS, NioCorp and Consultant wish to amend the terms and conditions of the Contract as hereinafter provided;

 

NOW THEREFORE, in consideration of the mutual covenants and promises herein contained and other good and valuable consideration, each to the other in hand paid, NioCorp and Consultant agree as follows:

 

1.Section 4.1 “Base Fee” is hereby deleted and replaced in its entirety with the following:

 

Base Fee

 

4.1Subject to the terms and conditions set out in this Agreement, the Company shall pay to the Consultant, throughout the Term, a base fee (the “Base Fee”) of $297,000.00 per annum ($24,750.00 per month), to be paid monthly or in such other instalments and at such other times as the Consultant and the Company may agree. Anything herein contained to the contrary notwithstanding, the Board of Directors of the Company shall have the authority, in its sole reasonable discretion, to revise the amount of the Base Fee paid to Consultant pursuant to this Section 4.1 from time to time, by majority vote.

 

Except as specifically set forth hereinabove, the Contract remains in full force and effect.

 

In witness whereof the parties have set their mutual hands and seals the day and date first above written.

 

NioCorp Developments Ltd.:   KMSMITH, LLC.:  
           
By: /s/ John F. Ashburn Jr.   By: /s/ Mark A. Smith  
           
  Vice President & General Counsel     Managing Director
  Title     Title

 

 

 

NIOCORP DEVELOPMENTS LTD Reports