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AGREEMENT FOR SALE AND PURCHASE
<br />()F CAARFS [1F [ AAi'['AT. S��[:i� IN 1�VFI,1l()N VAL.T EY DI7'CH C014IPANY
<br />This Agreeraent is made this � 3 day of �� u e- �. 1a �e-r , 2004, by and
<br />between JAMES HQKE & RACHE, LLC ("Seller") and 3T CATTLE COMPANY, INC.("Purchas�r").
<br />RECITALS
<br />1. Seller is the owner of the Weldon Valley Ditch Company rights, described as £oliows:
<br />a. Five shares of Capital Stock in the Weldon Valley Ditch Company, represented by Stock
<br />eerti�cate Numbers ,� l �l �
<br />AIl of these Weldon Valley Ditch Company rights are collectively referred to as the "Weldon Valley Ditch
<br />l'.RmnRnv SfiArEC",
<br />1. �eiier.wisi►es to �eii and T�urcnas�r wisnes io pwcnase irom Setier aii oi ifiese 'v'r"eidon vaiiey i�itcn
<br />i,ompany �nares, on cne ierms de�ccrioed i�eiow.
<br />AGREEMENT
<br />NOV►� THERF�ORE, in consideration of the mutual promises and ageements contained herein
<br />and for other good and valuable coesideration, the receipt and sufficiency of vvhich are hereby
<br />acknowledged, the parties agree as follows:
<br />3. �nd Purchase of Weldon Vall�y Ditch Comp�y Shares Seller agrees to se11 and Purchaser
<br />a�nPa tn rner�l�w� th� WP�r�n*e <�AIIPV T�(�L:}1 �(ST�lnRRV �ha�PC ���h �P.[Nt t[� t}1P. tP_.T'iN4 RE1t� CAAf�t_t1(�Qg [)� tf4t$
<br />A_a P�il'1P_.M', " .
<br />a. �urci�e Yrice. ihe purchase price snaii oe a totai of 'T�V� �iUIvi��i SEi+�Itii Y riv�,
<br />�ti�`iU��ivi� 1�jL'LATCS ($�%�,Ul/U.UI�). llte purciiase price snaii oe due anci payab�e as ioiiows:
<br />��,i�.w earnesi. money, receipi ai wnicn is here'vy ucicn�wiedg�i oy "uie Sciier, anu u�'�iuiaiii;� vi i.iic
<br />� S'"tl t � � Lt_ 1. � � �� 9_ L_ 1 ' !�T_ •' � L_i} L_
<br />pUIGI1ilSC j)t1i;C $Q$11 O(', (jWC i�IIQ �$jid(jIC 17[ G$$(! UI GCIl111C(7 LY11U.Y iit Uii`i llZl� Vl l:ll3Slll�. �..iV;flii� �71OU-UG [lt
<br />u�uTic �tu NiuCc �y�v' ii��ii uy i�fic �ia� c5, vTi Cii i�i�i2 �� i D� i c�.v��.
<br />r
<br />5. �ry-�Tp of Historically� aated Acres Upon execution of this Ageemeirt and payment of the
<br />pwchase price, Seller sha11 c�ase irrigation of the lands described below that were historically irtigated by
<br />the Weldon Valley Ditch Company Shares:
<br />,��� �X��b�tC,
<br />(iasert lea�l descriutiaa uf dried un lands)
<br />Seller agrees to execute a Non-Irrigation Covenant and Historieal Use Affidavit in the form attached heneto
<br />as Exhibits A and B at closing. 'Phe Non-irrigation Coven�M shall be recorded ie the records af t#� Clerk
<br />and Recorder of J�1 orr �c,�� County.
<br />6• Authori�ation to Use in Augrrneat�ttion Plan or SWSP Upon ex�tion of this Agreement,
<br />r�v;«� Si'�i vc iaiiuiu7i�u i� ii5i uiE J�iS'[ci u'ruii"a�'uic �"vZi uii iii iiic �� .�aiicy �iii�.�i ia"3a;,�S;,ji
<br />J 1L p�yjVJ�� T��W JY �'� �aU �V VV 4 iVi�W V �Liv �3iWLV Li ��laW� Vi aii u�Wii �vi �
<br />PI' 7 F Y!� 1 'b` Y ....b,,...,,.
<br />:.^, �,`.°. 4'�t,,`S'^.,,:'.°..'�. �•, �l�u {1V�e �n.yr� Ae�e1:L:^.^.81�■. 7�wr�h�srr gl;�ll }vr ��,;,,»F:np±��1 trrt �r+n2v fnr A rh�gtgP nf
<br />7 ••! � - rr �
<br />�v�t� re�}�t� Ft1V t}1P �.�IPI/IAff V B��IP� 1litrh f nm Chsergc in nr�iPr tn �cP th� �vat� sevailahl� fr�m thPm �g
<br />rrrlrrr.m�nt ,,yatnr i� q aeehctifi�ft! �x,at�r c�irmlv nlan �r a+��me�tatiAn nlAn u�x►n exec�ti�n of this
<br />r�-� r -
<br />Agreement.
<br />-�. �eiier's iteurese aons and i+varranties ,ieiier represcnts and warranis io rurchaser inai ne has
<br />uiie io ihe S%veidon v�iitey Diicn Company �nares ��e ana ciear oi sii iiens anci ass��nis priur i� 'ui�
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