Albemarle will agree to guarantee the obligations of AWPL under the Kemerton JVA. MRL will agree to guarantee the obligations of WLPL under the Kemerton JVA. Following the Australia Completion, Albemarle Lithium Pty Ltd, a wholly owned subsidiary of Albemarle, will continue to operate the Kemerton Assets pursuant to an existing plant services agreement. Greenbushes Supply Agreement Concurrently with the execution of the Implementation Agreement, AWPL and WLPL entered into a binding term sheet (the "Greenbushes Supply Term Sheet") for the supply by AWPL to WLPL of spodumene concentrate purchased by AWPL from Talison Lithium Australia Pty Ltd's Greenbushes lithium operation in Western Australia ("Greenbushes"), for processing at the Kemerton Assets.