Item 3. Legal Proceedings
Item
3. Legal Proceedings
We
may be subject from time to time to various claims, lawsuits and other legal and administrative proceedings arising in the ordinary course
of business. Some of these claims, lawsuits and other proceedings may involve highly complex issues that are subject to substantial uncertainties,
and could result in damages, fines, penalties, non-monetary sanctions or relief. We are not presently party to any legal proceedings
that, in the opinion of management, if determined adversely to us, would individually or taken together have a material adverse effect
on our business, operating results, financial condition, or cash flows.
We
intend to recognize provisions for claims or pending litigation when we determine that an unfavorable outcome is probable, and the amount
of loss can be reasonably estimated. Due to the inherent uncertain nature of litigation, the ultimate outcome or actual cost of settlement
may materially vary from estimates.
Item
4. Mine Safety Disclosures
Not
applicable.
29
PART
II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.