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11 
Provided, That such regime fully recognizes and protects the 
exclusive rights of each licensee to develop the licensed block 
‘for the ‘term of the license: And provided further, That the 
United States fully reimburses. the licensee for any loss of 
investment or increased costs of the licensee incurred within . 
forty years after issuance of the license due to requirements 
or limitations imposed by the regime more burdensome than 
those of this Act. The United States shall bear any payment 
of whatever kind required of the licensee under the interna- 
tional regime. The Secretary shall determine in the first in- 
stance the amount owing on all claims for reimbursement 
under this. subsection... | a 
(b) On annual payment by any licensee of a premium 
of $—————* per $1,000 of insured risk of loss, the United 
*A suitable premium to be determined by the Congress. ‘a 
States shall guarantee to reimburse the licensee for any loss 
caused through any interference by any other person 
(whether or not violative of international law) with devel+ 
epuncat by the licensee pursuant to the license and from any 
loss caused hy recovery by any person not authorized by the 
licensee of hard minerals from any block subject to such ‘a 
license. The Secretary shall determine in the first instance 
the amount owing on all claims for reimbursement under 
this subsection. ated es 
