Administration of Existing Rights

7. (93) Subject to the provisions of this Agreement. with respect to Inuvialuit lands selected pursuant to paragraph (1)(a), any holder of valid oil and gas. coal. mineral and quarrying rights referred to in Annex P. and with respect to Inuvialuit lands selected pursuant to paragraph (1)(b), any holder of valid quarrying rights issued before December 31. 1983. shall be entitled to enjoy such rights without alteration or interruption until their termination. For greater certainty the reference • in this subsection to "right" includes renewal.