PROSPECT GLOBAL RESOURCES INC.. FOURTH EXTENSION AGREEMENT (2013-12-16)
THIS FOURTH EXTENSION AGREEMENT (this **Agreement** ), executed as of the 10th day of December, 2013 (the **Effective Date** ), by and among The Karlsson Group, Inc., an Arizona corporation ( **Karlsson** ), on the one hand, and Prospect Global Resources, Inc., a Delaware corporation ( **Prospect DE** ), Prospect Global Resources, Inc., a Nevada corporation ( **Parent** ), Apache County Land & Ranch, LLC, a Nevada limited liability ( **Apache** ) and American West Potash, LLC, a Delaware limited liability company ( **AWP** and collectively with Prospect DE, Parent and Apache the **Prospect Parties** and each a **Prospect Party** ) on the other hand, is made with reference to the following facts: