COURT FILE NUMBF,R

COt1RT COURT OF QUEEN'S BENCH OFALBERTA

JUDICIAL CENTRE CALGARY

APPLICAN"I' JEREH ENERGY SERVICES CORPORATION

RESPONDENTS WEST MOUNTAIN ENVIRONMENTAL CORP.AND PHASE SEPARATION SOLUTIONS INC.

DOCUMENT AFFIDAVIT OF REBECCA SIM

ADDRESS FOR Cassels Brock &Blackwell LLP

SERVICE AND Suite 1250, Millennium Tower

CONTACT 440-2nd Avenue SW

INFORMATION Calgary, AS T2P SE9

OF PARTY Telephone (403) 351-2921

FILING THISDOCUMENT Attention: Jeffrey L. Oliver

AFFIDAVIT OF: Rebecca Sim

SWORN OR AFFIRMED ON: May 29, 2017

I, Rebecca Sim, of 2200 — 885 West Georgia Street, Vancouver, British Columbia, SWEAR

AND SAY THAT:

I am a summer student employed by Cassels Brock &Blackwell LLP, solicitors for the

Applicant, Jereh Energy Services Corporation ("Jereh"), and as such have personal

knowledge of the facts and matters hereinafter deposed to, save and except where the

same are stated to be based on information and belief, and where so stated I verily believe

them to be true.

2. Attached hereto and marked as Exhibit "A" to this my Affidavit is a copy of a text

message which I am advised was received by Kunxiao Wang, the Chairman of the Board

of Directors of Jereh.

-2-

3. Attached hereto and marked as Exhibit "B" to this my Affidavit is a copy of a Bond

Extension Agreement which I am advised was entered into by Jereh, West Mountain

Environmental Corp. and Phase Separation Solutions Inc. on or around July 11, 2016.

SWORN BEFORE ME at the City ofVancouver, Province of British Columbiathis 29th day of May, 2017.

A Comm' io r taking Affidavits forBritish olu is

~~~

REBECCA SIM

MATTHEW NIEDBarrister Bc Solici►or

Cassels Brock and Blackwell LLP#2200 - 885 West Georgia Streot

Vancouver, B.C. V6C 3E8Phone: (604) 283-1482BC Law Society Mo. 509191

This is Exhibit "A" to the Affidavit of Rebecca Simsworn before me at Vancouver, British Columbia onMay 29, 2017.

A commissioner for taking Affidavits within BritishColumbia

`Z.,•~c>c~v MegaFon 12:12 " 98%i~~~

~_

00 1 (561) 685-078

P~rk~r. The WMT Board i~resigned to bankruptcy end touse I~st resources to fight incourt. The only way Jereh getsanything out of this is to work ~deal for the TPS [icer~se. Oncewe appa~int a receiver ourability tQ get Jereh anything isdone. The way oufi cif this issimple. We license you TPSexclusively in exchange for ourDebt.

There is a chance th~~ w~ canget Walker McNeil sale darebut I assume yon don't wanfithat as they will not give yon~cce~s to TPS.

If your lawyers are telling youyaur going to get any~hinc~ outof pushing us into b~nkrupficythey're idit~ts

~~

This is Exhibit "B" to the Affidavit of Rebecca Sim

sworn before me at Vancouver, British Columbia on

May 29, 2017.

~_-----

A commission r taking Affidavits within BritishColumbia

H(JNb EX7~N5lQN AC3RE~~l~fJ7'

T~ii3 RGR~EMEiY'f made effacthre as of fh~ 1 i°' dsy of July; 2oi8.

BETWEEt1: ,

JEREH ENERGY S~RViCES GOR~OF~A7ibtJ, e cbrporattan:establiahnd uneer1ha Iawa ofShs Peoa!a's Rspubllc of Chinn, hav;<<g fPe ~ptace-~f.busl~sss at:No. 7Aucma SEreot, Lc~(sh~n C~lstd~t, Yantal, Shandong, P~2C {Yho "I.ontlor" or"Jeroh")

ptld

Yv'~~7 l440tlNFAit~ EkVIRONME47AL COMP., ~ co~7~gratlon astabll9hed under:the IawabESho Pro~~Jr~ce of Aiber;E, haviny an o`fco a{ ;37 LnMarchant Road, 5~t..~dh~n's,NLA'IC-2H3, Cen~ca (the"~orrowofor`LYtdT`)-

--end-

PF~IASc S~PARATIC?N SOLU710NS lhlG_, a ccrpo ta:;cn establi9hed und8c fheiawa of p~ra~`a, hnvina zn uffi:,~ at 137 1_e!~~erchani Rood, St, Jbhn's, NL AiC2H3,C~na~r~ (°PS2')

RECITALS;

A, ~ ~nrrarrer i•,4s bcrrov,~od ihr~ princ~po; amount e9 US53,OO~,oOD from Lender pursuant to filoCom~er;It~Io 6:5`Y~ vwure~d Bond ~y~eement Enured lnta nP of ~~bruary ft, 2,01h (the 'bandA~roflmsnt"l;

p, the: BAnd,Agreement .has a t~1aluriry rate of Ma;cfi ~~, 2D16, as .evidenced by ~n OiflgersCattfficete f2egarding~Cloalnp ba#e dnteef the ~3`' day-of rlarch: ~20Sd; _snd , .

C. Borrowar qnd Lend~rhave a$reod io AMond tli~ ivia:un;y Da;o and nproed to the ather.provlslonsconlafnpd harQin.

TkiER~~OR~, In conslderetion,of tho premises, and lha. respecC~,~e cov~r,anls and aproem~ntsset forth in ihi~ f~ryreament, the parties heroto agrea as falto,v~:

'i. 1N7ERPFt~TRT10N

1,1 Cepltal¢ed terms -u&ed horal~i wlii~out express d~fi.- ~ n shr,;i buys 4hb Pna~nfngsascr;S~d iharato lr t~~ Pond Ayreem~nt_

~,2 ~-]n this Agracmor,t eno tre Rpcfia',s heroto;.kha fo}lowinr~terrna ef~alGhave~the~~foiovting_ meanings

"Aifitgate°.means s~ P@ra^n that la ttffilfat~d.wi;h anothor P.c~raon 4nd, tar, tho,gwrpose of{hIs definition, o Aorson {e°affiliated wRts another Perspn ff it rl;~ct(y of fnd(ree~Iy Con.trots

br Is Controlled by that p2F,er Pa~snn: tNhoro two ar more Persona are ~f~iiiotod !n 2hoaf~ove mangy at,at the same tfma with it s same Person, tP~oy m~itl be deemed to beafflllatbd x9th oath .other for th~:purposes.'o~ this defin!tion;

"Ag*oomont" moans ~hiti Bond extension anrcement, incl.:ciiric~ t'~~i~ Sched,ulfls horeto; ~ -

`t3end Agroentotlt" has thQ mewing asrn~ed ihoreio )n 4he rcc!tals heroto, es amondod

end aupplem~nted by this Rgrecamont;

\✓~1 / 1 ~eontcnui2anarce.~W

0

°CIA(m4°has tite_m~aning g5cri6~th~r~to In tns~Gonorai fteleaee;

°Gontroi" meons:

(i) Gtirt~sn appllAtl-to tt~e retati4n~hlp behvaen a Persgir and, a Cdtppratipn, th'obene{Iclal ownership by suoh~i~arean at ttiQ re!o~ni~it Ume of shares of such

coeporation. (A): cgrrying mp.re titan 60°k cf tha voting rignt~ oYdinstlly exetclsabl3

otmaetings of aharehoidars of such ~orporat'on, and,(B) repraser~ting tnore'thonoQ°ta Qf fh@ CEjulfy:ValUB'Of thBCOi'j)OCB~On;

{ff} when 2ppi(6d1t0 Sho.CelBtionehippatwaon a Persan and ~ partnerahl,~orjoint

ventu-e'. (A~ the ~boneflc)ek QWtt6rshlp;by. such Persen at the ro'ovant Yu ~,a off: (I}

more 6han 5b°h of thevat~rig intoxe~t~ of the partnereh(,o;or;oint venture; and "(II)

partnership or:jolnt.Venfura;tntetsst~ ro}~ros~nting mcro thon-b0% of the oqulty

value of the partnership ol. jbin#,v~oture,,artd (E) thttt it can re~aon~bly be

expected Chet th3 Person clroctstha ~ffoirs_ofifie partiiershtp or]o~ntventuro; or

(iii}when appii~d ±o'he rolationatilp tohv~~son n ~vtuon and a iitnitod Rt~ttn~*eh~p,

,hs bo ~~R~lbl p:vnor~hip 6y s~ioh F'orapn at~tE~'a raloysnt~Umeof: (A) sharee of

general partner ar ger.oraf partners of"such~ilmlked paHhership carrying morn

than 50% of ilia voting rI~Flg ordranly~exorclR~ble aS mo~niinps ot~sAar6hoi~ors

of sacfi general parfrie~ ar general partners such that.'it can re2sono5;y b9

axFsect2~ that ffia f~ePsan d rests ffio afPeira of'tho IimfCod psrtnerahlp, en8 (41

paifnership Tntere5ts ~sepreeenting more than 60% of the equity valise o; fh3

Pimitsd partnarshlP: 8n$

Div): fhe form "Controlled by" hue a cerrespondirs'g: meaning; prnvid~d that n

Person, beEng the flrst•rriontloned Verson, who Controls a~„rorporat~~on,

psrtn~rehkp, UrriHed paYtneFsh!p' or ~olnt venture ahal; .pH~ deam~. to control a

corpq~at;on, pertnersltlp, 11ny;red partti~oror.ip or Joint vepfura ~~rrhich Is Go'itrolled

by thQ sacontf ̂tbntione'dPatson Ali'tl sn on. '

"~ffoct7vo Dato" m.aans the d~fa that llils~~j~emont is~ezec~ted and dolivor~d ~y fhe

ppi~les hereto, aE flraf ubo~otilriti~n; ~.

"GonoraJ Release` nioany the flsne~~i ro,[gase tft'~~od General fZelaaso atlachQd he?oto as

Sc?ieduSe "!J';

"{~iciokltadnous" his {;~e m5~n?ng asCn'bad kheroto ~n the r~orrd Agreeman~ pnd i;~clu3os,

without limltation,'the Arinclpai Amount (ss defined In the ~niad Agreement) bf $3 mlNlon

USb togother•with fntarost thoreott, aS4 amounts accCued to date.nnd agar fills Agreamene

and.: any Log3P Costs nourrect by the lender or f[s fiffdistss in connection with Ufa Bond

Aflreetnentbr this Apronment at matters relaCsd thereto hem and pker,tha Effective Data;

°tnferortt" has the mean r~~ ascribed fhoreto tn'the fond Agraemen~

°invovtarient Apreemot,t° maans~tha inveatmont Agreement entered k~to ~s of tna 9'"

day of FeBruary, 20t4 bei~v~n Jeteh snd 4VlbiT;

`.1V CAntract' means thfl Joinf Ventare GorlttaCt entered into an P,larch ~0, 2014

b~twgen Jereh 9nd PS2; _

"Lc~~a1 CosEe" means any leffai c~s~s lncurrecl by the LonUer or N,s Af~lliatea in ccnti~ction ,~

/~wEth the Bofid Ay;oom7r~t cr this Agreement or mattar~ related thAreto

t om c~hd after thef11~~

1

Effectivo pate, ;including, but. not limited to; all costa Incurred in connection .w1th anydisputes or discussions baiwaan or amgng iho pa~fps hsro;o ar their cespective Aftillatea;

"Look-Up Agresmenta" has the meanlnQ ascrkbecf thereto In 8eoiimt 7.1;

"Oil and C~aa Romedlutlon° r~~oans ally_ hazardous ~r o,hor waste remedla;Ion,treatrnant or decontaminat{on fn connectlor v,~~ih the oil and gaa_ industry, I~cluding~~thout IimltAt[on any wasto or pro3uciion treatnienl, opvr~tloos related to. well ddlling,production, drill cuUings, rattnory aparafiona or pipoline operatioga and ttny similar +~rrelated services or agti~ltlen end any manufacture, uae,. ranfiriJ, or sale of equipmenE forusA in.assoclatfon wfth.'any of the foregoing (wt~Ech irtc{udas a~yy direct ot,~Indlreci .agreomant~ with cuatomers, .t,nit builders or any other person, whcrther {or the piovlsionor granE cf any iighf is use or apply te~hriplogy; u~~t drawings nr dea?gn, or oih@r servicesor si,~pPori or the facllit~!fon ~of ~ny'of th~e~vra~ i~id);

".Porvgn" mosns,~ny indialdual, legal er parson@I repr~s~,nta:ive, portnornhip (Including alimft~id .parts@rsh1P?, Corporritlon or o!nat.bod9 carparcto, lim~te~ llabitlry company,lnco[porated &yrid~eate, Ipcorporatad assoclalion; Trust Gr gov~rnmenial authority,howadever designated or cansfltutfld;

°Prinoipal Amoun3"-has tho rrioaning cscrik5ad thereto 3n the [3ond ~greom~n!;

"P92" rnt~dr~6 Ph~sa ~e~ap~~4i~A $olu,;o,ris, lt~c., a wk~o'dy-o~med aub~l~lery o38crrowar;

"Sato" has the meaning aecrlb.ati tliargto ICS Section 10;2;

"Soil .Remedlntfan", means.sny,rernedlatlon,. freatmont. or d4contamination of. soil, andany sltnilac or'rele,ed sarvlcns ar ac~tiv3ftes }ncludlnfl withoutiimitafion any:manutacture,use, rental orsale of equipment for use In flaeoc(atlon, with any of rho toregoirg jwhi~h9nGiud6s pny dlroCt or indlrOcf apretimonts !xRh CU$~mor9, uitlt builders or any otftarperson, whe;har for-the, provision nr gr2lit of any: t(ght t~ use pr ~?pply fschnolapy, Unitdrawinpa or degign, or oEher serotceq of Support or tl~e ;ocl l~atfon of any of thnPoregoing)~;

°Subi(cenao` mQAns the Tha~mal Phase Separation Sub!icenae Agreomont ontered intoon Fobruary 9, 2014 borivoon PS2 and a Joint ventuco comp..ary to ba e~tablishod ;underthe laws of China by PS2-end Jer~h es amended by Amendment:No: 1 To 7hsrrnaiphase Separation Subliconsa Agr~mon' enRorBd lt1Eo as of Odtaber 1°~. 29]d botwaenP53 and.Jo~eh;

"Subscription Agraetrior,t° :.means, the F~tlyata Placement Sugsarlption f~greamantentor~d into.as. of tf~a.9`,'.day of February, ?n14~Defwson Jeceh'and WM't;

"TeohnploQy.Bervlao Agreamont m ens the TechnolQgY $,7;u~ce Agroernonk encored:Int~as of the 9~' day of ~ebru~ry, 2~ i~ bet,'raenJer~li end 1~1(MT';

"Territory.° mo~na China, .Rhlllppinas, I ,dcnosla, Mafa;~si~, Sl~geporo, Vietnam,MYsnmtir, Laos, CAmbodia, Thd!!and, ei~,'ne!, l~~tnam,'~~stl'Imo~ and-Iraq; and

"WfJIT AfFil;atas^ r?~aai~s WF~iT and its Afflll~ites, includi^~, bu' not I~mltod t~, P&2, Wosk~sountafr Env;~onmenial Ur~ina Ard 5hanghal Phuso Sopa,~atkpn Enyironmenta!7~cinoloyy Co, 1_!~w„

4ECiAS„GAI:;11'.`G~J90.d

.~., CO'JFfR~dATtON C3~ 80Nt3/LdREE61EN7 AND Pf~INClPAL A~iCf 1N7'ERES`t'

2. ? Tne. Eiorrc~.ior and thy: Lender acfmnwladge and a~r~e That ~ha Bona: AgTeem~ni and ail~ovenanfs, terms and provisEnns Eharscf, tncfuding all amendments tharatp; aP0 aid shahcanfinue to be in fuh force an8: effect and• the ~c,nd Agreeinept, as emeridsd snd.

aupplemanted by t6fs: ,Agreement (includirg; ~gtfhout 11ml#~$on, the d~~lniiton of

lndebtecineas as sef forth he~aln}, la har~by rat~Ted ar.,d:.cbnfitmed and..shel~ firorn ar;daftat. the' dote hnrr,of~ ~antlnue fn• gill- facc3 End efl~ct pg ._hsrein.:amEn¢ed andsuppfemanted; with: suCh`stna~dmenta and supp!~m~nts b~Itsg::effeaflye~ftcmand as ~f

the Eftectiva.Data, `"

2.2 The.-~atroweY. and tits Lender.acknawiedga end agr~e~.th~t, oa of~~the~.,~'too'Jve Dnfe, endprlar to giving.effecttn the~$efoff of the flrriounls (IotaNing U8S'±424,000) as p oViiie~! forl~ Sacttott ~;a, beloCv,'tho Pri~aipelAmvunt is~ USA 3,00:0,000 and the aocr.~d ~i^d unpaid

Irrtsfestthet~i0n is US$~dfl6;fl0B,30, w:th the ;nterest~EieUg aalculated_putsua~; to, and atthe-fat's prascr;bed lh,. secticn 2.2 0} the Eiond A~reembnt g(vsn b'~o extan3ion of the

Matu't~fyDateln 5octionA.1 bafovr.

3. WA(Y~f2 dF D~FAUl.T

Suejocf fosatlsT~~tibh aR the Borroever's paymer~f obllgaHons fn aceardonca x fth S?ction 4.2 ttnd

Soctlon 6.1'bdlow, tho Lander-homby waives any went of ~~fau!t ;Yie{ rriey havo occur~cxl pr;or

to ltte Effective Data,

4. ~XT~NSl4N'Q~ N[~1TURITI` bA'tE AND R~ITrt9l1I2$~}~'I~KT.O~ LEGAL COSTS

~3.t Tha.Ba'rrowar pnd the Lender hereby extend the.Maturity bate to Ffa~ch si, 2017,

sublet# to Sdatlon 12 below antl subjecf to ae,i~factloti of the ~orrowar'e p~frier!

o6(igationa in accordance w~;h:~Se6Hon 4'.2 ar~d Sentlan'8.1 below.

4.2 ~n considaraflon of the e~en~ion Qranted by 5ecf(on'A.S aBbVe, imrrtedk~;oiy upon tha

~xecutlon of khis Agreement, Barrov~or ahall pay to.l.entler's legal courisol, o y'er, Hoskin

& H~rcouCE LG~?, one hundred atlr~'tif~y.thousand Cade~dlatt.d'oUata (CS160,D^Q) 6y v,~lre

transfer lit accordance with.tt;e foliowingwiring !nElruc(fbne;

TD CaiSada 7tust761 3fd'Slresf S.VJ.Cafg~ry;'A[fi~rt?; Canada T2P 4K3

Account Noma; baler, Hoskin & War~ourt Ll>p, In irus!

Swift Cadet TDOMCATT'i"OR

Trans(# Numbax: ~ SgG29-OQO~

Account Numbor, nt46-(}30298tl

4 3 Borrower may sai[sfy tts paymont obilgattan undei Sectfort 4,2 gbove by paycn~,

immediately upon the execution of this Agreement, tb •Lender pn emount In Chin~sEa

aurrepcy 4qulval4ni to the amount 6peclNecf fn 9~ct;on d.2 above, as'such equivalent

amount' Is determined with reference to the eankaf C~natla Hahn rata on th8 dv:o prior b

~tfie Effea#Ive'l~ate,. Gy ~ilr~ transForin acca~d'anca diith the wiling fnstrvof+ons sek auf Ire

Sectign 8:1 bolow:

4r Such payfilen: will.const'tut~ a payment of Ieg~J cuts inouriod by!ha Lgrider zuior to fha

f~o-.~ly~ Cate i~a ~ela6on to tho Bond Agroamon'.,~ 7tte por;ias here'.o' scKrov,~Isd~Q and

~E~.~ ~, w~~o~5~~ u

,~~

~~'~

8

agree that, nolwtthstAncitng that such •legal Cvsfa .were greatar than the amouci4 paWunder thls Sactlon 4, BDlTOwer will not ba obiiged to pay, any addi,lona( ampunt in re9pectof iegai costs incurred by !~a lender or lts Affiiliates prior to t!ie ~ffocilve Data In rel~iionto the R4rid AgrsamanL

6, T~E~AtiNA71~ON.OF~ ~AC~R~EEh3~NTS At~D ACKNOi~1L~DGEM~NT _Uf~ h~~ ~C1JI1'Y JO}h~7VEIVTUR~ COMPfiNY

in~rr~~,o,a;elp span ,the execution a` thls.-AgCe@ment, ,fereh, L4'~77 and PS2 shall oxQcute ate;rlinalbr~ agrenmenk in reepeCt of:.the -&ubecriptinn ;f gresmenf, ,1U OOhUBGt, 5ubiicense,Technology Sorvlca Agreamont and certain pro~islona of the ir~vesin'.ent lar~reernent fn the form ofagreement titbd Term;natlon Agreement, ari,~ched heref4 as SchEdule °A". 1'he .~aKlda h4retoacknowted{je and agree that the equity~o(nt venture cor~npery fo have bean es'.abl'tshAd uniisr theJV Contract was nnt, In fact, estabilshed.

6.' i~AYt~I~NT D? HANOZfiOU: ANp NtH~E~Q Ah"OUci73 AND 3ET CUFF QF ACCFtU~l3ROYAI.TlE9 AG~51N5T TH~.iND~@7~pR~8S

6.1 Irilmtldiately upt>n execution. of this A~reemon:, W17T and FS2 shall 'pay ~to..JerehChlnesQ curroncy E~1JF3 3,Si4,6(~; by yr re Var.sfor !n eccord~rce with thE~follovltng.wlringin~fructlons:

Bene~idiary: JcFtEH f.N~RGY 5F'~'VIC~S CORPORATION

E~on~fc:ary~a'ttk: 'CNE~(NC~USTRIALA*:DCOT.1!v!cRCiAL'r)ANKOFQiiINA,tTD.,YAr7TA1 E3RANG'r{,L~IESHAN StJB-$RANCH

SWIFi'GO~~: IGBKCNBISUG

'A!G N0: 1806022119200189787

8,2 Such payment w111 constitute paytrieni of amoun's .accrued and owed to .ler~h by WMTAffpat~s In rolsUon t~ the Hangzhou and Ningbo protects:' 'The p~rtles heretoacknos~ lod~o and agree that the pnylnont of such brnount will not, ba ~appilod agalnet,. norredur~, fhe Indebtadna5a.

~:3 -The Borrower And the Lender gcknc~,vl~ge end agree that the following amourita(co3:~ectively, 1he"R4yaity PFyi Ponta ~ ~:;:4 5o eei oB qr $pplie~ ag~alnst {and thus ~roduco}

the fndebtetlnesa; .

(a) a total tamouni of US~3~,OC~ it respoat of rayaitlaa accrued purauan8 to thetorme of 4h~ Subi!cense in raepa~t of three (3) TPS un(Cs manufactured, awned

~use~dand by Jore'n end ifs Atfiiiatas for c!; arttl gsg r9rtlediptl4n; and

(b) ~ tote! amount of U~S720,000 in rpspocf of roya8?es accrued pursutcnt to.thQterms of the subiiCense in respect of ona;(1) TpS unit manufactured and ownedby J~reh and'(te AffUiafes end eissd hy'pS2 for spit •remedlatlon {the partiesI~arc~t~ acknawledg[n~ and ~gree~rg that the royafiy wrih raupect tq the ore (i)otnar TP5 unit manufactured anti own6d by_Joreh,.and.its Atfii(atea and ussd.byP52 toy sot! rotnediatiop v~as'pa`d b~ 3aiebYa WM'i'),~

»nd any obf'~~al`ona of JoroF~ or It3 I,tr-iatas to pay the Royalty Paymon#s or. any otheramounts Ir, conr,ocfion ~vftfi tho Sub'.icenne nr ctnenv;ao are iz~rehy saq'sfledl di9Charpederrd wnlvnd,

~(~ LEC?AI.,,,CAk:i'1d99763.4

V

0

LOCK•! ~P AG~EhSEN~S, OP1"IQN TO PURCFIAS~ COM~¢N SHARDS tJWN~D BY JEREH,

NGGA7N~ CgVE1VRN7$, R~pFtE3ENTAT(D}JS At1l?. WAktRANT{~S AF{[? lPfM7 f30ARD

REpF2E5ENTA710N

7,1 Conc+c;rent with tha exeCulion alibis Agreerrian#~ WMT.aha!(.cause each Person wha is

a;iher (a~ a eheraholder of WMT' and also a,dlr'acfor or ofifeer (oraetfng rzs'such) of ,~JMT

or (b; sn Affltiate oYsuch a Person to axeoute and. delivar fo Jeraii a lock-up agreemAni }n

the form' of agreement tltied' l ook-Up l~reeXront, ci tacheti; hereto as. ~chec#u!e "3ti

(collactivoly, tha "Lock-up ,1~grsema~ts'~; . tdgfwithsfa~idfnp the Poragofng, Go'.dsn

Oppnm~nities Fund Mc,, shall no: be requlrod'#o exbcuta and.delhler ~. Lrc4-u,~

qi r~ament

7.2 ' Jemh tioroby g~l~ts to.Wt~1T an optlan for WM7 or 1t& gom3nea to buy the' Sherrioaaned

by .;prep for th$ ~purch~se prlCe n3 CP.r~$D~2~ far share. Thfl~ optfon~'~rantod ~y ibis

~Sec;lon 7,2~.may pnly_po oxGroisAd cA.rcurranUywifh fut[ropo{ment of Ette lndaotadness

and sac}t option ahal!'sxpire oti,IVlotch 91, 2017,

z 3 ~~c~ of WM7~snd PS2 Covenants and a~rQos that It shs11 not, and st~~~l[ on~ure that eac ~

othor ~M,`~,iT ARliiate sh~aif not, m~k'e any payinont or dist~ihution to any hoidor (othor Phan

Joraf~ and its=At€11(8tes~~-of EgUffy $eCU~I!!oo nr Debt InsVumer~ts of W4.dT, PS2 0; any

other WMT Ilate unless ~and~ until the lndebtednass (s reFsjid~ in fu'x, in oath case,

exce~Y as perm(#t@d ht Sectdbn 7:4`beto'+~.

7.4 Tha Cash[ctlons set forth In SeofiOn r.3 above wilt not 'appty io in(ere.gt and pnnclpa;

paymohts rrrstla by V~1MT to 1i56'C Bank'Canada car a n~ax':mum of C~1V $~56;~;~~0-of

drasr,~a ur;der the W,9f3C Loin Facility at e rate r~ ~re~i~r Stior; ti;e Ea~sling HSBG Lo~;~

Intoro~t Rato.

7.5 "cacti of tNMT ~r,d PS2 raprE~~onts and warr~nta to Jaroh tnet, nn the da!o of execution o'

t~tls k{~raemonL

(a} tke onl;~ Inde6tednoss for borrowed ntonay of V~':~T, P52 ar~d oac'~ Cfh~r WT",T

Aiftllnfe (vah~fhor GorvarUblo or nOt Cb~voltbip), Inc!udi~~ ~Nifhoot Ilrni!etlon ar~y

Debt lnsiruma~t or GanYectsbio SeCur}i1e$ are;

;1) ;ndebtedness urtdar the HSBC Coen Faciltry;

(ii} the:fnde6fedneas; antl

(tai} opEforts granted to p~icar~, dtreoto~s, employees snd caneuttanis a^der

the stc~k option plan of YJM7 apprpved`by".ttie:7SXV to 2Q11; and

(b) the atnoUnt of pr;nCipa) qutetArtding urlcfer the tt58C loan ~ac(lity daea not

exceed GDN $150,40q,aricl beaf~ intorest~t kho ~icistln9 ~SBC' Loan Intaroet

Rate.

ru~fF~~r, each of WMTand FS2 covpnantn a~ci a~regs flint at e~f tfmos between tYie Sato

of ~xeoutlon o{ this Agteefri0ht ond„ r~paymant of the' Indebtedness in to?!, Eha amount of

piinclpel out'standing-undor tho HSBC'~l.obn Facliity wl(t not oxc~ed CLAN 3160,0,10 and

will boar trttarest a4'~ rafo that ~oes_tlot''exco~3d lho Erist}1tg HSBG Loen IntEraet ftate..

7.f Each of WMT and PS?_ covenan!~x and a~r~as t5at it sFail nut, Hnd shall on~ure that tia ~h ~,'~

other VV~~fiT A'~liato ahall not: ~ ~I (((~~~~~~

J

i[^,.~{ CAl'.12`i,°7'3.4hi~IY~ -

~/~~

10

(ay lssus, create, Incuf, assume, ~~emiit or. ~v5ar to exist any Equity Secu~fitas, ge,bifngtTumenfs or other sacurlties qr similart instrutnenis; ar

(h} directly or Indiroctty, be or b~:coric~.ln ;~ny;w.ay.:U~b1e for ar In rpapect of anyindebtedness, debt or almll~r b1i~~Idors of liebllltls's~,~~

in each case, axCept as:pannittad In Sscflon 7.7belaw>

7.7 `Che restdctlons set forth !n Sflctan 7,8 r~co~~a will not apply fo:

fie) an isauence of. ~qu}ry Securitlaa or 1]ebi Instruments of WMT that to not.proposed to oY inftiatad or cansldered by VVN1T prior to the Bbarr! Rep.rasontativ4Period and:fs,appCoved by the }3oard of biractor~ pt WMT:cJUring'ihe BoardReptesenlative Parted:

(1) wf~en Ja,tah has aroprosantativa on tho Bcard of pltoctora oFWM7; or

{il} 'vrhen J~re:~i dces not he~v a roE r,esentativv on the gpsrd of Directors Af1NM7 and:

(A)_ at leas; ti)!1y (3~) 8nys t;avQ 81~paAd since 1hacanimen;~~,ent oC the Board tZepresantative Period. cod.1eY~fi haft nc: rc~nuestc+d tha ,appointmanP -o( •such

~~ xepresentatly~ prior to approve! of th~a ~issuanCe by the Board~ofDirectoro of WfAT~ or

(B) .ie~c~il, (x~yloti~ty had e represantntivb. on the Board ni~Iractore afVllltitT.during tho Qoard Reprosentativo.l'otioii, attoast. lhltiy .(3p} nays hauc~ elapsed since {t .tact had. arapresentativo, epdJe~eh'has not roquesEpd t~.poiotriaant of Aroplac~ment-repr~santative pr~~r to approval oi.fhe lssuancaby the'~osrd of bfrac;or~oi W~i'.T;

(bj ~a issuance. c! ~qui~y~ ~oc~rit;os Cr Dobi lnstr~ma~ita of~ WM?~ that was not~roposa~ iq or inlslated of ~ns~dared by V~1V11' ef:or January. 7, 20~~8 end prior io.the endotSi~e.BoarJ ~e~resentat~ve Perlotl;

(cj z~n issuance of ~quiry 5ecuriites Qf Vti~J~T It the sum.. of the ttggra~ata'considetatlon. paid by the h~o~ia~s o` such socurftias plu~~~ft~o aggregetoconafdert3on__p~k1 by the holders c` any ~qulty Sec~ritie's o~-Debt khstruments of1h'MT, PS2 or eny other Vv~MI' Aifillat~ (saudd prior Ehereto:but after Ja~ugry 1,20 ~Ci io le4o #han or equ8i to CDN ~8DO,ODO;

(d) an issu~nw o` E.q ulty Sec~.r,tie~ pf W"~1T prior ;o Uio commenccjmont of ttwRoard,Represents#ive,Porit~ if at least 70So pt the iptal.~aggregate~co~~idarotlbn

~,pa1d b~ Fhe hottior~ of such sacuntiesis pe3~to Jer~h ~s a:rep~ymenf ai fhoIndab;ednese;

~(e) ~ an fae;rarae of ~qul!y Socuritlas of VdtJ17 prior to the commoncemont aF tfieI3oardRepresontail,vePerlod )f;

(i) you°G of tie indabtednass IE rc~ald from the aggre~a~o aon~idoratian ~.Deici by the holdero of auGh.sQ~untie&;- and /"'

t

U~ ~~

(1~ if the am~uni used to Cepay 100` 4f~tita: indebtedness Ia [eas than 70%bf the apgte~ata conslderatlon paid 6y iha holders of;sucYi aeccri:les, aportion of ~ha rama;nder c` such 70°k share of fhe conaidoraton ss usedto purchase Shares hsfd'by Jerah gt.a puce of CAIN X0.27 per Snare orsuch oEhsr price:ss Jereh may agree, coking re~son.ably, such portionbeing. tho~)esssr of:

{A) a;l of the remahi~for; rind

{B) the emouot requfrod to purChaaa AIf of the Sharps h4;d byJoreh ~t~auchpriee,znc~

(f} a r;i~xlmUm OtCQN ~~50;OD0 of d^~u~s by WhhT underfhe F3Sf3Gloan Facility

prior to the guard Represant'atiyQ~Pprl&! et 2 rota not grater 2h~n'th'o F~istfn~

HSaC loan lnY~r~gt Ret~.

7 ~ . 'Jd~dT covenants and,a~feas tea'., during tEtQ ~CaYd ~teprosentailve Foriod, Jereh will

h~aV~ tho rltilit tohavv a raprt~son'~t?vo ontl~,o kioardofDirnc'or.t of Wh~T;

7,9 7h~3 fo(Iovifng wlil bo 3pplfco6l~ ?n respect of. J~ren'a represantetivo on iho Board of

blrecrors o4 WMT ptitsuenf to $action 7.8 cbovo;

~a) suan repret~ontatlVo~nayriot ba an employee, consuft~nt, officer. or tlL~ecfOr of

~, Jereh or lte Af~h~~te&; ;

7,1U

~) ~vlthln 30 days sitar tho rom:nanwment ai tE~e Board Roprosentativrs Pe,~1od,

Jeroh mr~y ro,quasl the ~nppofntmont of such rrr~roaentetn~~a on the Board cf

Dlrecto~s ofNIMT and ifJePeh rec{uests such appoirPment, .lereh wl!I not~fy~WMT

oftholndfvidual'ftprapgee~~$(tarep=eaantaUvo;

(c) LNMT has the rightta rofuss to a~polnt such jitidivldu~i {v the 0oard cf Dl~o~tors i!

R has Y4pgoneble groutld9 foY dozr1~ so, In w~h'ch cass tho prov;siors of ~oct(o~~

3.1 (e) of tFe InvesEmen€~Agroementv,9ll ~pply~ and ere incorpor~it~cJ by ref~ro~rra~

(d) th3 provlslonscf ~~tiona: 3:1(b), (c),.(dJ, (~), (fJ err3 (g} of tho 17vaclmont

Agraemon! ~vi1f apply, niu!afis~ rnutend7s, and arc inCorporatod by re'ar~neQ

herein;'

(B) . sUbh toproA6ntal~ve will :ba 1pdomnffied In ~Ccordflnce whh ssetlon 3.6 ~of the

1~~o~tinanf,Ag~arii~ni'rfohv}tlistanding aoyth,in~ _tq lho coiiErary.lFiorein;end

;f~ such ropresarstatfvo wiN lt~zve no liability and s~cn of WM'C and PS2 cavenar,ts

And. agroas that it shall: nor; ens shall ensure that; ea~h.,other Wt~f'f Afflllate sh~il

not; btin~ any Glatma against such representative.

[n this Section 7:

(r~) "hoard f7epraeen~tive~Pdr[nd' means ttt~ perEod commenc(ng on !ha ddio thot

bo;h tiie fndebtednastc is mpafd,ln full end any dispute ~n. respect ther~of has

6aen resolved-sand ending on the,dat~ thal,.'dlractly or ~ncl~ecity, Joreh acid i!s

AH'di'aioscease.to cntlectively bene,!]cle!(y`owii or"ex~ro(so ccmtrol over, 5°k o

i~~r~~ aP the than isouod antl ouYstandirsg Sh2ros; ~

~1

ce~,~,ay..ir:r_~zcb.s

~1r ~~~~r

,~

(b) "Debt lnef~amonc° nas the meaning ascribed fhgr8to in the Inv9strttont.Agreement;

{c) "dinfri4wtlan" In~udes ar~y;

(I) declaratlori,,_payment or setting ~slde for payment of any divtdand, raturnof capltai of othar.~l8trlbuti~n;

(iii ~rsderziption, 7elraction, purGhaae, retirement or olhsr aaqufaflion~, Inwhole or in psr,;

( i.) paymant of uny princtpa4,,l:tlerest, fecis, redomptldn, AmoU'nts ar etheramoantscnor,trireapectof-any EgWryS~curi;iespreny'pabkincirument,Ioan,~dVarioeorotherlhdabtsufiees;

(Iv) loan, edvanes, payment, of R~ar~~ement or consulting fesa ,orrolmbursomec~f of ooste except tirhero arty such psyment~is meda to thereclpEenl's capaeity;as a~ officer, diroc±or car ornp;ayse vfthe payor in theprdirpry course of business; and

f~) tr~nsfar of any propor~j or sass?e for coneidorat[on of less fhan.its ortheir iair market vaiuc~ or on r.on-arm's len~tt~~tsrm8 and oandftlons; ~ .

~,~noiner zny o` th3 forepoin~ is irede, p~',d or eaCteflad in. or for c8sh, othorproperty or bath;

(~i; "Convortiblo 5ocurl8es" iia3 the n;aaning asc:ibad tftereto (n the lnvostrnentAgreement excapi tbal ret6rc~ncc~6 there[n to."Company' me¢ns any of~~lMT,PS2cranyotlior4'~MTAf!ilia~e;

(e) "~qufry S~our3flon" -hoe ihe-mesnir~d ascr;bad-lheroEo in th~e~i~tvesfinentl,preamen: oxceot,that [at:.'rorc,s ~tt7areln io ̀ Company" matins, shy of WMT,,PS2 or any othor VJ61T~Ila±o;

(~ "~xlotin~ NBBC Lonn intornst R~to" moaro NS[3G'6sstk Canatla's~ primp ratePlus 1.59b/z per a;~numi

(fl) °HSEC Doan FaaJ1lty~ tneane WMTa CDN $500,OD0 -demand, ravotgfng loan.from HSL'C B2nkCanad~; and

(h) "5hacos" mcar,s common ahor~c In the capita{ of WVN~T or any other aacuriEles

into ~~vhioh tha common ah~reb Ir, tho c~piial of VJM7 are reorgan(z~,.exc~iaag4dar converted.

B. ORC]ItiARY GGURSE OF CiU3fN~3S

S.1 Sub;pct fa tha tuRns of Uii~, Agreomflnt, 4Vl:S"r and F~S~ shah, and shale cause theirreEpo~tive Affillaies {Encluding' +Nest hiounteln ~nvira.~menfa` Ghlna) to, Continuo tgcporate their ros~ect[~re businesses fn the ccai~)ary course.

~.2 Svb]acl to fhv farms of this ggraemant, wlkhout the pilur written cangent of Londar, whichconsort may ba withhafd Tn-Gsi~der's sole diacreflon, Borrer.e~ ancf.FS2 shall not, andchap ensure #hat .thy oltitir WMT.AHillates {lncludiny Wes'. ?1o;~r'aln Fnvironmahtat Ghina) .da not, prior to th4 r~peyr~ent eF the lndebEedna~a:

9~.ecut~a~izaa7ea.a

W

(a) soli, tranEfer, ~ssign or cthenvlse dis{~$e of oaaota bglCng7ng tq W4~1T Af(;lia;os,

including arty assets bunk er purcha~4d by VJM7 ~liatas; br,

(b} ontsrinto any ~g~~ment.to do so

unfo~y done {n tfia:omJinary course o€busiri~sa.

~J, RESTRICTION ON Oif. ANO C3AS REMEtl~tATIC7N

3. t T1ta parl(on'he~eto ackn~3wledffe lSHd agree that on or about S~~ptembor 28, 2b14,. P52

ckitafned addltionA( righta su'~der~ita Ilae~tse agreement>vitf~ 1U-I L.L.C. and Schiumbartior

GanaclA kfmlted (pursmanf io:tho, Fourth Amondmont 7o Them,al ~'ha,a Separation

License:Agreament)'e~ acoakof.U$t~S S,b900G0;9J vihlch was boina and paid by Jereh,

vtfifch ~igtits Included th9 Yl~ht .to txxtdwct cortaln typeis of b~f o~id has r~medlallon

activlUos irt:ths Tsrrltory.

fl.2 As s resu$,-1n ConetdeYallgn ior; among-other things, Jereh aare~irp to tom-Jnate lh~~

S~,'~Ilcet~se, CNhtTsndP52 here6yagree:

{a} that. P82 Sholi not use or apply, [end ah@1Lno:, gran! Any. third party (EnG~idn~ any

thlyd~perfy~~ti7at~ ta~a.WM7 Aiftltato}~anp rightto use or apply, all or any rl~h4s with

re9pac~ to Ott and Ga'a RarriodlAtion anywltera !n ;na Tecrito~y~ and'wil not

suppor3 o~=fgciiitato any auch thitci party Use at ap'pUcn~lcn; a,^d

(h) ~ that 1~NMT` and f'52 &nett, and 'sha11 pi'acure .hat aU YV".S7 Aftipates tivllf,

Immed(atety ee~se and no longerporfomt OEf°and GGa Romed(anon anywhor~in

tf~e TeMtory, Irsc(cxiln~ withauF lin~it2t[on provldin9 C.11 and Oas:Remed!atlon

sorvices using TP5 dnfis, selling 't'3?S uriif~;:iar: Ofl and Gas Remeditstion antl

provldfng any t~ehntcA~ support ter other assfstabc~ to third parffes for ttialr use of

tachnaioBY or TPS units ]n the oil' ghd gas in.d"usUy.anCi that WNfI':arid_ p52'shell'

procure that ar~y prior eiibll~ensaes of any WNfT' A~iilata (ot}ier than,-Jsreli a~^d Ics

/;fflltatea) and' eny other garcon @onnocted {o a.WMT Aff!Neta tmmetl(ata(y cease

and nv Innger perform any of the foregolr g resiricied:eptivftlos; and

(c) thgt~ WM'T' and: ~'52 shalt not, and ShAlt proC~ta l3~af ~a(f WMT ~liates will not,

~r~nt~ any I(oensoor sub11G8nsa to an}~party,io~pertorm Olf and..C3a» Rc~n,odfai~`on,

fnctudfng to tttent~factur~, ~iiea, ronf o~r pelf TPS~ unRs for t~~if'~nd G,~e Remociation

engwhere En the TOnkory.

9.3 The ~estrlctione set forth In Sedan 8,2`abave v~i(I coase~fo ~~~ply u~,an~tho ~tlaf~ctlon of

boEh oP tho' falfo~Nfng: (s}firstly, ttie fuU repeyrnant of the Indek~tedness, aid (b) socondry,

fire earlfor of (i} the tustttsrand.addltloriftt repayment of the USp$ i,600,d00;Ot1 ~iescrib~~d

lr. Seoiion 9;1 ~bova by l'S2.to Jeroh iri gccordanc~e.with the wIr{ng. inatructfogs .a~f sit In

Sacttpn S.~ ebov~ or es Jer9h tray aiheFwlse ditecE;; ancf• (Il) whichever Ta the latgr of

November. 1, 2018 and the d"ats of.;the natucai eicpiry of ~Il rt~hts of any.WMT Aff(ifatQ r'.

connectkn with fhe Tharcnal E'hase 5epaaflan ltc~n~5 Ag'~e~ment; effocilvo NpvemUer

2, 20g2, bsfweon M-1':1.~L,C end; Seaevr ~riitton~rser~t~k ino,;.pa ame{~ded or replaaQtl, It

is acknowledged and egrepd by ilVN17 and F~S2 ttiAt the pt~ymerrt of suc~~

USD$ 1,500,000,00 is In a~anion ta, the Ende6tednase a~ci will not redur4 tnc

tntlebtedness.

9.4 WMT and P52 acknowledge and Hgrea.lhat tho covenarifs and rastricfbns ~o~fafnod In

th(s 8oetlon 9 are reasonaGle end vaild In isrtns ~af timo, sa~po of a^~~vl yes and ~~

geapraphlccaE q'mitatlon& and understand and area that Choy are F~~tr~l contid3r,f[on toy f ~ ~

tf~~ purpose's of Joreh enterin~fntothls~Agreemert, It.the coven~n`~ a,~d rastrictiens ~~ ~

~o ~~'

~~'~~

l~

contained in this Section 9 ire found to be, unreasonable to any, extent. by a court ofoompQtent J~~sdlctlon adJudicating -upon the valid',ty of #his Section 9, whather &a tg thescopa of the iaatrtctfon, t}ia area of Ute resfrlction or~the dufatfon of the re&tr(Ciion, thensuch resfrictlon shall ba reduced #o thsE.-.wh►cfi 1g :ir1 #act dacl~red reasonable. by such .pourt, or n subsequa~t court of conipefent )u%tsdfcflnn, taquested: to rtefte such adealaratlon.

'10.' 32~FAYRt~NTQ~7'NEiNDEBTEDNE53TF1R0UGH:5ALE5

-40.2 '-,Concurrent viith tha execution of thie Agreemant, Whir and FS2 aha~I, and aha11 procurethat all WNiT Afflfiates wIII,dlsc~oae'to Joreh fn tivriting, rogoJ~er sntlt reasona6tedaiall,~a11.~existtng an4 pota~tiai Sall i2em~diQEio~ proJ~cto, operations end._ activ]ties boingundstt~ken ~ot pursued by any V~lM~ ANliiate,

90.2 WM7' and P52 shall, and shall procure thai eli VJMT AfiillatOs Wt11, from end after CheEffe~lve t]ate unlit alE of the Indebtedness has been repaid in full, wlih roapect !n anysale, transfor, ass)gnment, dispgsl@on, ase o.r appilcation'of any assets of a VVM7 ANIIIate,including .without IimlteGon wfth respacf to sny soil Rpmadiailon projact, operation oractivity Coach a "3ala`), forthwith pay the following p4rrsntage of iha.gross amountspayable pursuant theteto (`Solo, Proceetle•) dlra~ily and wlthoui ̀ daiey,, set. off crw(thhoiding to Joreh 3n'accordance with'the wSdng inatructlnns aei out In .3ac~ffon 8:1~bova or as J,ereh maK othetwlso dirsgt in writing:

(aj In the case af.a Sale in respact.of WM7's current fiP.S U ,It in Ce~ada endcuries! TAS'Unk In China, B6'r6; and.

{b) in the r..~se of any othsr.Saie, 16%:.

10.3 The paymente to Jereh in acr'ordalice•with Secfiott 1C.2 abavb vJ1N b~ applied by,lereh tothe rapaymen', of tholndebtednesa,

10.q WAh7 and PS? shall, and shall procu~a tha:.atl WMT'.AHlllates will, keap Jereh informedon z~. tlrrzely basis in wriilr,g, tcg¢Eher -wkh reseanable dofaiE, in rospect of al! plans,

- undertakinga;'activlilea and efforts !n rAnnectiap with tho Sateg, including prcvlding toJereh ~a.Gopy of any ~nles con?ractwftttlrrohe (1}week of Its execution.

10,5 Jereh apkrSaWledga$ eqd agreea.lhat dlsalocures mods pur~~~ent to {uficle ti0 wi4 notinclwde datslls that ara oonslderad by' WM7 c+nd ̀ PS2, ec:in~ I'0g90~8b1y, to .Bacompotlilvolysensitive, WMT €~;~~ A52 aaknoWlacfgo and.~gron:that dataiie 9uCh as. thecontract tots( amount, beneflciery name and receiving bank, along wl~h.cciples af.benk5tatemertta showing receipts ln.reapaot of Sa1ea and similar c{etskls will noi;ba consideredto bd Comoetitivbly sensitive, 7o the axtontthaEsuch iisalosure~ do not provide eufflcfontdetails for Je~ah to independenily determine end caEcuteta'ihe SA(ee. Pracaads, aedeterzrSined by Jeroh acting reasonably, such eddittonek details WIII.tia proVE~ed,bj! WMTanc!'PS2 to PricgwaterhouseGoopet~ LLP, and-theywilf:fnstruct Prlcewaterhoua~GooperoLL P to ve~tfy the Safee end tha Snies. AroceBds and':;o suhmR an audR report to Jarehd~taiflr~g and vorifp'rtg iho Selos, SafBs Proceeds ̀prd rokpted inforr'catlon. 7ne coat ofPric~v:~tc~rhoucgCoppgrs LLP In relation to su¢h verification.and c~udit,wifl bo bumsequally by PS2 and 4VA1T, on the one hens, and Jaren,'on iho-other hand.

11. R~POnTkN3 F~EQUiR~MctvT5

Wltr~in ~turty (30) days following tt>s ~.4~ectiv~ Date and~v~ithln sixty (QO) days of.the end of`eachquarter thereafiler, '(Borrower shall provida i:aildar ~vltn uneu~ited, conaotida+ed flnanetniatataments of Borrower, which shall inciuda, ~t.a-inMi~um, a ba'anco sheaf; a. statement of

19-~ 4E44.,,,CAL'72b937C0.4

~j

oeriings,; 8 states~font o` rofaPnod eamin~s~and a statement b!cash ilawa, prepared In advar,ae Inaccortience with C~AAP and with c~smparative flgiuea from tha ~arresponding psri~ in tna~araceding_ftnanala(perfo d.

72. ACCE! E~7ATION'OF 7HE f~1ATllR{TY DAFT

12.1 In addition io any o'her remodies Lo~dor may have anger t}ils l~gresmeat, the Bo~id/~greem~nt, or any attier~agreement bai~xaen ,tghcier apd B'orroweror~on~ ormora olth~~1mhT A~fi~intee, Louder sha11 have tl~o tight to accelerpt@ rho Maturity E1ete upo~~ thooecurro~ce oflho toflowing (an "AocA~oratloirit ~ven~').

(a} oorroY~er, PSz, any other WMT Affglate oY`Any obligor urd~r a LocY.-UpAgreoinent:failin~ to observe or c!efaulting fn;th`a pnrtorinanca'cif, o~ braaciiin~,any Oi"rho terms or cchdi(lane In tfds Agreement, fhe`-Bond Agreamerv, the(nvestrnent A~raerttent, fna ~ock~~p ApreaM9nts ar any other agreement

"betwesrr Lenderand Horrcw~r, PS7 or ana ormbre otEtta 1Iti~INTAfflhpt~x.

12.2 borrower aakntlwfetfges and.agroes_khst on Accalettatlap 6~~enf= oor~ntitutga e °De`a~4k"anti an'EvenYof i}ef~uk" wlthln#he~te;rris of t(~a eo~d_,~gresmenf and:(s.ta'Addlt`on totheoftl'srDe'~ulEsend~Evente~ofDefaaitd3~lna'd;th~reln.

13. GkN~Fiht~ ~i.~ASE

Imned,'etely upon tho execuffon of tt~(s Agrefln~nnt, the part!os here?o shat! execute the Genera!Ro[e~tso,

iQ. r~11°CE~LAwa~~US

14,1 The par;;as h.oreto sfislt from fltiia fo tlmp d~ all such furtho~ octb rznd thing3 and executeand dol;var ~!1 such dacuntenfa as ire roqufrad ;n ordor to ohect tho fuf} Infant cf z~nd iuliypc~r~orm and csrry ouf th'Q~~teCms of thfa A,~'~smenf.

?-0.2 This Agreement shad eituro to the ben3fit of and steal! be binding trpcn the pattros horctband ihe6~ respect~vesuccessors ~ntl~po~mltt~d'c~a~~ns,

4.3 EAch p6tty hereYQ, tv rho❑; fut'hor oonsidera~tion, ah~l': in ~ timely fashion do or' pnrfa,'nt orcause to ba c~otte Gr performed ai! suoh. turtller_ and gther nets and thfrgc, dkecuta,

acknowledge e~rd dsifver. or cause fo ho exscutod, sCkngtirledgetl end deif~rerod a:i suoh

turthor And other instru~epts, dsetle aa$.otEiei.wrftlagg and "geit~rally shelf lake or causo°ta:be taken aG such furiher and other.actlbna a~ msy4Q reasanabty necessary drde91rab1s fo ,carry out its ofitlgatlons har~Undet orfb ensure and gtve'fuli fdree:end e~fa~t

to tt+e pro41s(ons.and lt~tent, purpaso and mearifag 8€tf~Is Agreemont r

44:d No waiver by any parf~ ftoreto of shy ono or more ~{efauits by engther. party herato'(n khopeNorrnance df any pro;~slon of lhis l~greomvnt, the fnvestmerit:Apteement ar the Band

Agreement, es amended and supplemented by Ehis Agroefnent, wUl •ope2ata or beconstrued es ~z waiver o€ any future default of dofaukts by the eaine party+ hereto vrheth~r

of fl ifke ov of a dltf~rent ch8ractor. Except as e~resaly provld~d is thee Agreement ar fnthg t3enera! Release„ do, p~ciy hereto teas or wi?I be tleemad to have we(ved; rotaaeetl or

modiilod any of its riptits under tfiis Agreemonl, rho• EnVealmant Agr~Ameht or the BondA~reemenf, as amended and supp'emeritnd by thjn AgreemenE, uniflss such party heretoteas exprosafy staEed, ~n a fdrmnl wridn9, that ft doe§ waive, rBleesa or modify such right, ~ ~.~ThOre will.be'no mociificat4on of thfs 1~~eement orthe $find ngrgamont, aa,amendsd and ~ ~~supplern4ntad by this Ac~rearnsnt, except by expresa'tormei wt:ittbn ~greemert cf eel! '

par:ias therca!o, ~'~iz

l~_G4! 6:L12G1°7v34 .

C"~c~,,

1~

14.5 This Agreement sha11 be governed by the laws o(the Pravince of Alberta And the taws ofCanada applicn~le ,therein other than ta~ve that would apply the faws of another,~ur~sdlction. The parties heceEo atcom to,the,Jurisdi~t(on of the courts.of the provtncc3 ofAlbeite and all cour3s of appeal therefrom In raapect oC all matters arising he;eun@or.

~ 4.8 Timp sh~1l t~ of fha essence of this J~graemenl .

tA.7 Thls Agreomont may Be executed in any numEiar.o! eounterpart's,.eaeh oitvhlah.etialLbs~aemed to bo An orEglria! end all of which ta#cen together shaiE;be deamatl to coneEit~feone snd the soma inetrumsnt, :end ft shop not be necessary tn, making. proof of.ihisAgreement to.produca or aCGotsnt for more (hen one such Counterpart. Suoh executedcounforparts may btj. delivovod by fecsimllo or other olectroritc fronamission and, wHon sodeiiyared, shah cansiltuts abinding ~9reament:ot~he parfle& ~araio:

[Thar~m~indorafthls.pagehasbaenlettlrttdntigns!lyDfnnlQ

IN WlFNE3S WN~Fi60F lh~ partios horoto hive ezecule8 th[~ ~gYeemen~ offeciiv~ as of the dayand your flrot obove ~vnttan.

J Eit~H ~N~aC3Y S£RYIC~BCORFOf2A~'lON

l _..._N'anso: Jl., ~ ,~~~' k~ Lfit~-W"

Tiiig~~~ Gl~~,.~ri-r~-~n

Ih'~STlJIOUN7AIN ENV(i201~M11ENTALCORP. 1

~' / / ~ /~

!i /

L

,~

PHR5E &~PARATION 3QLU?(ONS fTlC,

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14

1 ̀ b

5CHEDUi.E "A"

TLR',t~NATIDN AGF~EMENT

~~ TNiS T~RMINA710N AC~~EMEN7 matla ~e!feCtive ps of fhe 1'1"' clay of Jul„ 'Z0;6 (ths °datofioreof ).

AMOt1t;i

J~nEt~l EIVEROYSEtZVICE3 COf2P6RA710N ("Jor~h"j

- a;~d

PHAS~~SZPARA710N SOLUT{pN5 ING. (°PSG") ~ ~,

-and--

~h'~ST M011hTAIN.ET3Vl13pNMENTAL GOFtP, (, V~~MT'~)

(colleot(vcly, tho °Partfon" rind ~sch a °Party")

E2EGiTALS;

A. Jerah`And PS2 'ire ppr~iae tQ ~ Joint ven'.ure .contrect ~ntareci Into on tha~ch 2D, 20i4 (the ",NContract").

8. Joreh end WMT a~ pprties to an Inveat~,iant a9reamant enEored Into as of the 9`" c'.ay of Fetruary,201'4 ~(tho. "lnveut]riant A~roem~nE~j,

C. Je;oh a~ad bV~il,are:parties to e privatapl~~~en,e~nt eub~cnpilon E~~~eameni r~ntared into qs oP111a fly'day of February°;?014 (fne "Subac,YlpUon~A~reament°),- -

G der~?tr ~n~i~.1"JMT ara pa~tiec to e lechnUlogy-soeAcr~ epreame~t enterotlJnto,a~ cf ;hc 9'" day ofF~l,iu~iry, 2G1'~ (tno "Tsofittoic~}~Soa~Ice Agreamont")

E. F52 anti a Jglnt~vontura company to be ~stab;IQhed underthodswe of~~Ch4na by PS2 and Jsrah are

parttaa to e thermal phase. saparatfon 9ub1{tense ~geo~in~nt, s#i#et'atl it t~ d ; ~abruary 9, 2014 asamondvd.by cm~ndment no.1 to~ih~rmal phase soparatlon sublEc~nsa egraornent e+ntereEi lntoas oPCafobe~ 1`', 2014 to. whleh PS2 ar,d .lerdh are partia~ (tfie ̀ 5ubftconae }. ~ -

P. On July 1Z, 201.8, the Par;!es entareq ln!o a land oxton~?on s~}reamont (rho °~rtons~on A~~'osmonC},

which, among n!her th!nJs, exton~ed the matunfy dale at cartaln Lidebkedl~e~s o~Neo by tlVMT Eo _

Joreh,

~. In connocilon with the E~ctpnslo~ Agteament, PS2 and Jareh have: ngraed to te;rninat3.tha ,!V

Corsi(act, Subspription ILjreem4nt, Technology Service.Agraement and.Sub4cansa ar,~ ti'1MT and'

torah havo agreed to.termineto c.~rta(n provlefons of thQ Investment Agreement.,

Ti-t~StEFOR~, in canslderAtien of the foregoing anti.the preml~es and, tho Cespective covenants

-and +~9resinerits set iorfh •In #h1s Termination Agreeme~i, •trio repe;pt end sufEicisncy of whl~h aremutuQily ecknpwladgod, iho Pa[Ilas a9~Ae;ae toilou~s;:

~~

t. J~roh and. WM"(', haeby torn[na!e_ the ~Subscrip((onAG,raamont o:'foctivoas pf: the data~#f'6foaf, Jorehar.d Psz cickn~wlo~ge and agree that, as of f(~e defe tiareof, ntitwffhatan~ing."any provlstoti tq thocontrary (n the $absoriptidn Agi'eemant (InGtWding ~l+lthout I mi',ntiost any proy~aion provldfng: for thesu~vivat of pny fights, privileges, If$blgtfes,.o6liga3lons or provisions beyond the te7mine8on of theSubscriptfon Agreamentj, neither Petiy will' Meya any furENer nigh#~, privf(eg~s, liabilfti9s or obligationsunr'er tha Subecriptton Agreement and tie. Su6sC~pt{on AgrEorr~an! vhll be cf~nq fl)rtherfoCc9 or oFfo~~

2. ,i~r~h-And P52 horoby forrnlnata the JV Contra~f effective as n1 the elate hereof. Jergh &nd PS2ackhow;adde end agree. that, 8a of the date. hereof, not~~itnstbt~ding any piodfaion#o'the con#ranjin'hn JV Contract (in~luding Without Ilmltgtion am/ provislo.a provloinc~ for the uurviva! Of any rgh;s,privileges, Iia1~If{ties, oblig2tloits~orptavfslons beyond t1~.e te~nlnatlon of tno J'J Contract), neitherVia; ty v~lll haua anylurthek rights, prlvieges, llabilftiAs or cbligaticns ur,dor the JV c:ontrect an~1 the ,NContract will ba of no tGrfhet,fdree, or'eff6ct.

3. Joreh and'NMT herobytorminata the:Technotegy Service f~q~eomont effoc;fvo pis of tho dato horanf.Joreh end PS2 ackpp~NiBdge-andagfee thaE, ds of the doto horeof, nn;v~~(hstand~ng~ ory p[oviolon tothe con!rdry in tho 7"aChpology $etvlCe.AgceOmeht (including withouE llmltaiion ~r~yprovisinn previdfn~for}hesurvhrai cf any rlgtsts, privil8~g'es, 1(uBllftlao, gblfget?ons ~r ~rovisEons b~ycndtha tom~inaUon o!the 1'echriolopy Sorvico /igi~aomant}{noitfibr~l';~rty will hove nny furfhor ri~bta, prfvllog~s, I'u~bllRlas orabfl~etione under the Tgcliriolo~y~ ServtCa Agreement end the Technology Service F~ryrn~m~~nt v;lU boof no further foroe or affec`.

4. Jeroh and P52 hereby .ermir~ata Lho SublfcFnso offe~ivo p~ of the dato hor~af. Jor~h r~rd r S2acknoFti~led~~ and~agr~e that as of iho date horoof, nohviths(andln~ any provision tr, tho con`.rary (nthe 3uoltcenen< (incfUd~ng wlihbut itmltatiari any provls?on prov?dMp for tfie survivril of~ any, rlghis,pr vlleges, liabl!(Eies, gblfgaEEOns or proVis(ona boynnd tho terminatlon o€the 5ubilconse}; neSfhe[Partyw'li Fpve any- further-rights, pnvllopee; IiabiiiNos or obli~3'.lonaunder fho Su~ttcanse bnd t+~oSu511censv w,ll by of no fudfiecforcebr effect

6, .!ersh And WMT hereby terminate aft prdvtsfans in the Invast:nont AgrF,amenE ~Ffiecfht~::as et',fie cie,t9horeof ntheY ihe~r~ Artlole'8, Article 7D end gecflbns 2:1; •2.2, 3.6,. 7.3', ~,3; 7..4, 7.6"arid 92 of theI~vestmant Ag~oement, Je~eh and W1~3T eCknarllodga aid agrge that, as bf the gato hareo?,notwJthat~ndfng any prov(slon to ~ha coptrary In the EnvestmenE Agreement ~inc(eding withoutI.mitaflon any pravl6tan provid[ng;#cr the survnia! of any,dghts, prlviteges,:Jfsbtfittss;:o6ligatfons.,or~rovlAtona beyond tHo ferminetfon of thcs investment Agreement), otherlhan in raepec' of fho sact(onsend artiotA described in thia pe~`agr~ph 5, neither Party w11i have sny further Nghts, ptivilegos,I,abilitias or obligations under the fnv'estmsnlf~grsem~nk~and',he't~vosfinerifAgroarrie~~tti~Ailbe af~notuftFierforce or affect.

G. ThEs 7o,~minati'on Agreement will be govemad by end interpreted in+accordarico with-.the [aws of fhoprovVnc~ of Alborta end.. the fvdsral I~ws o4 Canatls ~ppllcpbla tRor4in, ~sch of'the Poles IrrevocablyatfoYns td the exctusWa jurisdtctfan of the ooutfa ofAlbarfa Enconpection with the subject mattnrn}'thlaAgceemanf.

7, This Tettriinafio~ A~tOr3thont shaft be binding upon and enuro fo the benefit oT fhs ParttAs end tiisfr

rospectivo euecossors, receivers, receiver=managers, trustees and. assigns.

$. i'his 'Cerminat(on Aryrsett~ent maybe executed 6y the Partles.fn counterparts end~ihe co.unierpsrtemay be executed and. delNered by ntetfronlc meane, with al! rauntorp~rts together rAnstituUn~ pn3apreamerr;,

~~~ ~~,~

[Tha ramnlndor of U~l~ page hug kron lnff fnfonUonAl/yblanks

~~~~

2~eon~ cni t caaro a

2~

scH~au~~ <~~n

LOCKUPA~R6~MENT

Juiy 11, ~D1r

To: Jereh ~n9rgy $orviCeS ~drpvibtion {tfie "l.onda~')

fro: V"dsst P~4ounlnln Environm~ontal Corp. ;ihe ̀ 8orrowar`~

F2~CITALS:

A Tha undorsignad undorfitende t~iat;he Lender pnd 6orrou~er havann?erad info: (I) a ConVe~ib'a 8.5°/oSecured 5ooc1 Agroam~nt ao of Fc~bft~ary 9, 2014 (rho °fond Agraomout"}; ~antl (il; elonp w;fh otherparEios, n pond e:r~oiis(an agreement sffiect've Jully 1 i; 2016 (the' "Boni E~.~tanelon Agrnomont'),

3; Any capita(!>od tom~p uE~:d ~eroln but not otttonvlsa da`~nad shall Have the maaninq aacribad to tligrnIn the ~cnd A~reomont a,~d fha F3ond E~itensloii A~reomont

fn cons!deratlon dF Iho bnfiofS t11at tho Bcnd ~groomont anti tho Bond Extension i\groomenf hpvo;Anforrod upon the' Borrotvor, znd far other pow.and valuable cons,derntlon; the rc>;elpt and auiflc?ancyof v,~hioh Is hereby ~cknowtedg~d, the unders!gned hereby a~ress fha;:

1. b'~ithout the prloY.wrftEeh.'consent of-the Loader, vrhlch content may ba wi~hhafd fn t.endor's solodisctotion, duringthe pc+r[c~y~(the"Look-up Poriod')commencing on'the date hereof and on~ing on±hs data that fs the eerlle: c.`;

(eJ ittie Bate tfiat the-lnde6todno°a' {ae defrnod In fh~d E3ond~ Fxtenafor~ f~c-er~~t~ent} is repaid fn foil;and

(b) fhe uadln~ prlc~ of the EJorrowor's common ahaiea on !no TSX VonWrs Exche~~ga reactiea, attdthersafter inai~;e'ns for thlriy (30) c~nsecuffve bualnoss days, CAD~0.27 par share,

the undorsignod a°llf ~~ot, dir~oify or f»diroctly, to any n5annor wha!s~,vpr (whpth,er through 1;,0fa~i;(!ies cf a stock oxcharge, by pr[vat~i ;~iacement or cihorvAso):

t) olTer, lesue, sal; or cnntrdcClo sal!;

i) granf~or soJl any optlrin, ~ighl~orwarrenl to purchase;

ill)= purchase any option br confreCf t~ ae31, assign, trana,fer, encun,bor, hy~Qthocato, sec~ira,pledge or othonvla~ transfat swap; land, dlsposo'of, dee! with cr mor,etko;

iv) Ynake any shoR sale or engage In any hod~ing fr~ins~ctton (n rsepa.t of; or

v) onfAr In{o any Yorm of figreotrtonf'or ~irrange,~ent rho ccr,Eo~uenc~ of which ig fo- Fdfaraco~omtc axpasu~;to;

any ccmmon shapes aridloP aonurities conVprllblo In:o, oxohang~inbla ior, of otriurwise exoroiaabfe bacq~tfro common shares or o;M: r oquir~ ~curitl~s of tti~n 6orro~n~6r lep~lly,~r boneflclal~y owned by theardoreignnd (co1lo~;ivo{y, ?he °Un~doraf~nod's ~ocu;ltlGs') or announce' any 1ntF,rrtionto tloanynf

luoh thin~o.

2, °octfon 1 ebo~e sho!i not apply in roapect of: ~~~~~

~•'^'G~~~,~/

V

(a) iransfere to sifilEatas of tha unders(gned, any immediate iAmfEy membots of the undersigned, oreny company, trust 4r other entity Owned by ar rnalntained #or tho benefit ofthe undersigned;

(b} transfers occurring by oparatlon of isw or In co[1neCUan With frpnsacUons ~risf3ig es a result of theloath or incapacitation of the undereEgned;

(c} pledges at tha Undersignad's Securfiies as s~Cur3ty for bona .fide .indebtedness of the,undotsigned;

(d) subject to Sect(on 3, the exorotse, .by.th9 undersigned, of.stodt options .and oti~er gim!!arIssuances .putsuan# to the. share..l~Fenilye plan. of Barrowoe aid'other "siiara ~nmpgnsat~Ort

• arras~gementa, or

(e} transfers rri~de purspant: to s bona. flde.take-over bid made to afI holders of common shares ofilia $orrowar ar slmiiar acqulsifion: transaction, prouidgd that, In the event that-ihe i&ke-oJer nracquisition trsnsacflon is not comptaEQd, any s~aur{ties ah~ff.ramaln oubjact to tho,reat~ctfons'conteln~d !n fhls lockup agreement,

In the evanE of a trnnsCer described !n (a), (b} or (c) 7n th(s Section .2, any cuoh transferee ehall firsEexecute o lockup agreement in substantinily ttiA.form hereof which lock-up agreemehfshall.remaln Inforce until the remainder of the Laek•up Portal,

3, For greater oortainty, uny securities of the E3ortowar or its e~ilfatest. (1) recoEved by or for the betietit ofthe undersigned upon sxerc(sa of options ~rantad to the:undst8lpndd and otheG elm3lpr Iseuancospursuant to the share incenfiva pion of.il7e Borrower, (U} recalyad by pr:fpr Yha benaPit of ineurltlerslnnsd pursuant to other ehare compensation . ~rrangcimente, ar (ii!) 'acquired by theunderslgped Ir: the open market during the Lock-up fieriod, shall also he aubJect to this lack-upagreement and shall be inoludad In tie Undersigned's S.ecuriUes,

a. the undorstggsd Cepresents that the undgrstgnsd has.good and marketable Utle to iFze Undarsigneel's5~curtUos and understands the; 4he.Borrower. and She Lend4r ere refylrig upon this Iack-up agreeinen~The undersinnad represents.and warrants That the and@rslgned.has.full power and authority to enterinfo this look-up.agreQment and further egress that this {ack-up, agre0ment ]s irre~focabte. and shall bebinding .upon the unuersigneri'e.legal Topres.aiifgtive~, successors, heirs and: permlfted.;eesl8ns, endshall enure la iha h~rofiraf the Lender; #fie ~tar.rower aril ~~elr le8ai repres9ntativ6s; successors andparmllfed assigns.

5. This lock-up agreement tivlli ba govamad by the lawe ot: th.e:.PCavince of Atberia,and ttte federal. iaw.sof Canada applicable. therein.

6. This lock-up agreement mAybo executed by iacslmlle, PDF or.oJter elec;ronlc stgrlature, Which ah~11Ba affoct(ve tts ~riginai signatures.

j iho ro,na/nder o/this pgqeJtrts beutlluft ►ntontlonally btanl{J

~~

DATES? as of tha clan first sak oaT abova.

[IhDfV1bUAL NAMG]:

[3lffnnture ort 5ocvHty Holdor)

Typa oF~a~urit!es t wnod;

Numbor of e~curi;i~s o`rmed;

AIhJv♦

Lender hereby ec,Fncsv3addae tYi!s foo~~C-up sgroomenf ;his_____day of July, X016,

J~R~H ENERGY 5ERVfGE3CORPQP.A71C?N

H~~ne:~c~hX ~ '~f~~~'ei

TlU6: ~~~.L~~`'Y1'tCv37

~~yr'~l

3

~~

SCN~pI)LC "C"

GEN~RA~. RELEASE

Tt~iiB AflRE~R7ENT ritatl6 efioGtivo gs of the 19°t dray: cf J,~ly, 2016 (ths "Effoctivo pate:}, ,

AMDNG

JEREN EN~fiGYSERVIC~5 CpRPOF21,71pN (.̀ Jc~reh"j

- an0`

1^J~5T lAOUNFAIN CAPITAL_CORR (`hVN~7")

- ar,d -

PNAS~ 5~PAf2ATIdN SO~tITlONB INC. (°pS2")

{rcCs;,fivel,, Che "Per4los" and each a °r arty')

f2ECITAL.5:

A daroh and WhJlT dro ,parties fo an investment ~,reamant ent~rao Into As bf i ebrup;,~ 9, 2019 (tho~lnvdetmnnt Agravmont").

B, Jetehsand WMT aro patties to o:pr}vats pkecon~,ont e~~gscrfpt~'on agrecrn~nt entered into as ofFebruary S, 2Q14 {the'"SuhsCxlgtlnn Agreemont"j:

C. Jereh:and .PS2.:sre parties to a subl[csnsa .xg~eem~~~t c~r~~Isli~,g of pn a~ra.emeni Uilod.:7horma! 'haSe:SeparetlonSubticense-Agreeament.dat~d~eb'tuar,~_920;4asar~iat~ded.by:Ame[tdmenfNo;~1To iliotmai Phas~e~S'eparation Subiiconee,ggrapma~t doto~ O'ctcEor,1, 201~g~(fIte "Sutili~'ense°),

D,. Jereh and UJI~~1T aCe,:partias,~fo.-e ~achnotogy sorvicro aprooro5rt entarari Jr,'c.as.ofFebruaty.9, 29idtti~e'Tachnology SatvTco Agroc~rtivnt"}.

E. Jarc+h and PSG are paftlea to ,a Joint vonture contrttct enlersd Into an March 20, ~~14 (the "JVContrAat").

F. Joreh and WFA7 rare p4n+os to a Converllbfe 6,5°r6 Sacuted Bot)ci en;otecl ir.;o as c! February 9, 20]A(tho "Bong Agroemvnf"),vrheteby WMTbprrov;ad~Ehe principni amount of U553,OOO,OCO from de~etti,

O. an J~~ly 11, 2018,-J~roh,Wt~T.snd~P$2 bnSared into on ealons~en n~roomanf ti,tied Bon¢ ExtepalonAgreo;norit (the "~xtutlslon'-~Qgreaitienr), which, ~m~rg uJtor things, ~xi~~it~ed ln~ matcrlty~'data of

~bytho inaebio;3nass 'eyed WtvPT to JarQh under the Sand ~yreemant

H, En connnctton x:th the ~xtanelon Agreement, the Parties hgye ~graed to c~n;er into, ~n tnelr awnbohalt ~~tl on faehatf of thole reepectlyo A~liates;'(as defined in tho Extogslon A~reemenq(NAffiatatos"}, a mutuel rc~(ease a# claims and"ar the Invastmen~ ggresment, subscrfptlon Agreement,$ubifcenao; Technology Sarvlc4 Agreemonc,,.t11 Contrtct and, Bond Agreement apd;any.other~gra~mant.or daalliigs of any rapture 4~twean tham prior to-the Effc+ct(ve Cleto, ~C in accordance rvHhthe provisions o(this Agreement.

'.

v "~~~ ceaa~ cr,~izbesroo,a

THEEtE~dR~; in considnra~on of. 'the forogalrig and tote pron~,ls~s and tha,~sp~cHvo co'venanfaend a~roetnei~ts sef forth In thla;:fcgreerttept, tho~7vcaip; and ai~fticio;~Cy c(~vhlch are mat6alfyacknovr;et~~@tt, ih~~Pa~iles ages ss~tolfow~:_

Qoncra! Reteas~

1.1,Joret7, WridT` and PSZ-(a«ch, a °Reloautng parfy"y each hereby frravcc~bly and cnconditlonatlyremisa, rel~3Rd snH lorovar dlach~rgd (on thblr-own behalf and on behalf of-any of ~thelrrespeciive A~1~iatea~ each over Aeriy acid its AHili~!as and each of their respect}ve 'directoro,off;cors, em~',gy995 ettd raprosentativoe (including without IAniEafion, in the caae of Jarah, h1 r,Parf<ar bllang ancf Ms: Clods Chon} Coach, a "Released Party }from any and All actions; ca~isesof action, sul#s, c(aGns, prcceedfnpa, debts, duos, eccounts, bonds, f'abi8tloa, obiigaLor~s,covonanta, conEracta;'~dar»apea, demands Ord Alf other claims whAtsoevar (`'G{al~ns"), ~vhethor Inlaw or in oqulry, known or ur.kno~a~n, aonEnp~nt ar othenxfee, that-ihe Raleasltlg ~el~ty'ever had,,novr has a[ fteraaft~r-ran, shall or may have, now oc at an.y llms In tiia~futura, agsiRst.a RefoasodPsdy, kwiud(ngbut.not limi~ed~o, for or by: reason of or in a.~y way arising out~d~;~rin any,~4ayro(btoo to or in cvnnc~ctlon w}th.tite acGvitie~, acts or~oriilasioila of Jareh`'aftdtgr Ifs:Aft111ates; tN~ser~'lco by ̀h~i'. parl<~r V~larg And Mr. C3orls GhOn on iho board oi.;diradtars .nf WM+, the

Investment Agreeme~~t, +.ho Subscript}on .Agreement, tna 5~5i;cflnae, iha 7dchnolo~y S~ rvtcer~gieement;'YheJV Con}ract, th@Bond l~gteertteht' gridlor anyoth'Qr ~greerrien; or deallnps ofnrynature between ac among Jareh:and/ar its,AtfU~tttea:.and pny VVhtT Af~li~te (ss deffh~d In tl~rsE~Qnaion Ag aemant} but oxatutl(ng any Claims to refatlon to tho folfowing:

(a) any rights'o(Jareh sntl/or~obtigatio~s of WM~'unaarthe nond Agrooman[;

(b) any rlghfa of 3areti andlot`obligaGona'&F.WMT, Jereh, orPS2 undor ;hoC~terlaicn A~reom~nt,fnatudin~} ~vlthout, llmitatlon obllgat(ons of the obligors under ;.he Lock-Up Agreiamar,ts (aad4flnetl in the Extan6lon Agreement}; and

{c} any rights of Jereh.endlor ubli~r~tions of UdN;T under arfiote G; art!c1s 10 aid s~c;iora 2:9, 2.2,

3.6, 7:1, 7:3, 7.d,:7:$ and 5,2 cf the lnves'ment A~r~mc~n;,

1.2.deroh hor~by ~n8rmo, subJoct to ~a6sfaetion cf the BoYrOwor'~ payment obll~~llcnc inoccordanca ~~rith $ectforr 42 and Se~~tlon 6,1 of the ~ten5fon Agrsemant~, lty waiver of any ~v~ntof b"efau'd (rya dH`(n~din the Bond AAtoom~ nt) th~i may hnv~ occurrod prior to tKs ~ffoctive pp!e.

2. FhlsaorlanvtlCt~

'Z,1. T.ire raleaso prnvisibns of ssetidn 1.1 at~bVs ehep be b!nding upon Jereh, WM7 end PS2 end their

respective Rif~iiates, succeusors. and essEgna, li t~ undorstood and atire~d that #hose p~+vislons

are intended to cover, and Qo cover, noTonly p11 known injuri~is, loeses and damages, but`s~sa

Injuries, loasos and damages no! now known or anfiCfpatcad bat which may later-d'avelop ar t~

discovered, lnctr~ding: alithe affects and con~aquances thorebf. 1i•fs upr~ed and understgod khat

those •rs7ease pravislonswilt operate cc~ncluslvgly as an esloppat In the event of anp C1a3rns wfifc~

might ba:bro:~ght En the:iuture by'the ugder8ighad.tvith (aspect to th0 titatbera W~ered b}' tiosa

;eless~ provlsipna and that fti'tisa reieaae~ provtsl~ne~ may.bs pleaded ►f any siloB Glalms erahrot~ght, as' a.camplate defense and repiy,.and may tie r~!}ecf upon in any proceedjn~ to cila~T;!~s

an~f such Gkafrris on stiofi basis.; E.acH of Jarehs•WMT and~?SZ an thalror~in.bekialf~snd on bc3hatf

of their. respee4l~e Aff1lEates~ hetelsy represent and warrant thai They have not aest~nod•to ar~y

person,. flrn ar'corpot~{ton atiy oY the G!A(ms:.whioh have b@on rsleaseci"by ttiosa ~olaas~

provisions:r1

2 2 ~acli Party deetards iliat 4t fiae half tho opp~ortz~nity fo so~~k fndop~ndsnt,S~Bpf ad~ke.~ith respect ~ ~,~;~

;o tl a tn~tters ~address~d har¢[p a~tl that ft has not Coen Jnfiuencod_ ~y any reAYe'aenfatlons or f~~

c!ataments made by or cn bohaN of ony otf~er Porty that fro nat ra`]ected h~roln, .

~ .r~~1~ ~ ~ ~Fr~~c✓,u~~s ~o~v.~

2:3. Each Parry, ~vithaut further cgnaideraJon, shall in e timely fesh~on do or parForm or cpusa to 6a

ZCo

done or parformad X11 such furthor and o4her mcts and things, execute, sckriowledge and delivernr cauea to bn executed, a~nowledged and ddEiverod alt auah further end other Inatt~,ments,deeds and other wr€tEngs and.ganeraliy shalt'take or cauae:to bs'taken all such furttior and otheractlona as mey be reasonably negessary or desirable to carry aut Its obfigafions horeundat.ar toensure and give, fu11 fo~Q.and effect.to (he proylslons and int$nl, puipose and mear~fng of:thtsAgreement:

2.A,Each Party,agreae not to mak6 a ciaim or fake.. pto~e~d~nga.:a~pinst.any .aEher parson orcor~oraflon giat. might claim, contribution or Indemtifty, under: the provisions: ct'any siniuta,agraamanl, or otharwisn, or who migii4saef~ aa4lerakoky relief In a third party proceeding, ag~lnetany othek Party witfi:~respect to:~ny pi the matters hsrein released ,unless such Party.wl~_fu!!y'~Indamnlfy the nkher p~rEy fnr any such amount claimed.

2.5.Thta Agreement shell bo bindlnp open and mnure to the bsnsfitaf the PanEes and thofr.rospactivesuc~tassor8; receivers, re'gvnrer-managere, trustees and asaEgns. .

2,6.xhlo Agreement may Cs executed fn one or more counterparts, Q~ct~ afwhlch shaA bo consldorodan e~riginal but alt o1 which tngethor she,l. constitute one and same instrument, In addition,fAcsimlfs ar other electronic copies of axeauted.countsrparts shall be concluelvely re~grded for aupurposes a5 originally executed counterparts pending tba delivery of the orig(nals.

;The remalndsrofthls pogo has bn~n In1t InfsnFfanaltyblanXJ

t.~cat_cu•t25aarao,a ~v~=

2~-

]N WI7NES3 WHERSOP tf» i'a;tics horoto h~~e o~ocutod tits agnomen! effo~;fve e's of the deysand year Erst above written.

JL?REH EN~ROY $~RL7CESCORPORATi~h!

Name; ~, ~~I~;J~S.>>~tJ ~" ~t1H'1~L'3

7illo: ~~~~ IYi~t»

WEST MOUNTAIN CAPITAL COI2P

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~~ f~

Name: ~,~;.~ f1.~7~E __

Tile: [°I,'R/2a~r~7~I

PklA3E SvPAR.0.TlON:SaLUTIbNS INC,

'~ : ~ '~ ~~

J ~~ ~ f~r~rL~

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