Strategic' Alliance Agreement (

• Expiration Date: 16 August 2017
• Date: 16 August 2012
• Parties: Lightbridge Corporation ("Lightbridge"), Lloyds Register FNMA ("Lloyds"), "Lloyds" and together with "Lightbridge" ("Parties")
• Section: Commercial Contracts

Exhibit10.26

STRATEGICALLIANCEAGREEMENT

ThisSTRATEGIC'ALLIANCEAGREEMENT(includingtheexhibitsandscheduleshereto,this"Agreement")ismadeandenteredintothis

16dayofAugust.2012(the"Effective Date")byandbetweenLightbridgeCorporation,aNevadaCorporation ("Lightbridge"),andLloyds

RegisterFNMA,actingthroughitsofficeinAbuDhabi("Lloyds"and.togetherwithLightbridge.the"Parties").

BACKGROUND

LightbridgeandLloydsbelieve that,bycooperativelycombiningtheirconsiderableexperience,expertiseand financialandmarket

resources,theycanincreasethevolumeofbusinesstheycanconductinintheareaofnuclearconsultingandstrategicadvisoryservicesinthe

UnitedArabEmirates.Accordingly,inconsiderationoftheforegoingandofthemutualrepresentations,warranties,covenantsandagreements

containedinthisAgreementandofothergoodandvaluableconsideration,thereceiptandsufficiencyofwhichareherebyacknowledged,the

Parties,intendingtobelegallyboundbythisAgreement,agreeasfollows:

ARTICLEI

DEFINITIONS

AsusedinthisAgreement:

"Affiliate"shallmean, withrespecttoanyreferencedPerson,anyotherPersonthatdirectlyor indirectly,throughoneormore

intermediaries,controls,iscontrolledbyorisundercommoncontrolwithsuchreferencedPerson.

"BusinessDay"shallmeananydayotherthanaSaturday,aSundayoradayonwhichcommercialbanksin NewYorkorLondonare

generallyauthorizedorrequiredtoclose.

"ConfidentialInformation"shallmean,astoanyPartyasaRecipient,(a)allnon-publicwritten, graphic,oral,electromagneticorother

information(includingtechnical,financialandbusinessinformationregardingmodels,marketstudies,businessplans.clients'names,reports,plans.

projections,dataoranyotherinformation)relatingtothebusiness,strategy,prospectsorplansoftheother PartyoranyoftheotherParty's

Affiliatesand(b)anyreproductions,copies, notes,analyses,workpapers.compilations,studies,interpretationsorany otherdocumentor

informationderivedfromanyoftheforegoing.

"Project"shallmeanany undertakinginvolvingtheprovisionofnuclearconsultingorstrategicadvisory servicestoanyentityinthe

UnitedArabEmirates.

"GovernmentAuthority"shallmeananynational,federal,provincial,state,prefecturalormunicipalgovernmentaltribunalororganization,

oranypoliticalsubdivision.instrumentality.Ministry,department,legislativebody,agency,court,tribunal,authority,corporation,commissionor

otherbodyorentityof,orunderthedirectorindirectcontrolof,anyoftheforegoing,includinganycentralbankorotherfiscal,monetaryorother

authority.

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