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<br />I <br />\ <br /> <br />~, <br />~ '~:' <br />~"'-"" <br /> <br />~, <br />~' <br />\ <br /> <br />STOCK ASSIGNMENT <br /> <br />For value received, the LOWER ARKANSAS WATER MANAGEMENT ASSOCIATION hereby <br />sells, assigns and transfers shares of stock of the Highland Irrigation Company <br />unto the COLORADO WATER CONSERVATION BOARD, which stock is standing in the name of <br />the undersigned on the books and records of the company represented by the following <br />stock certificates in the number of shares given: Certificate No. X, X shares of stock, and <br />do hereby irrevocably constitute and appoint as attomey- <br />in-fact to transfer the said stock on the books of the company with full power of <br />substitution in the premises. This Stock Assignment shall be effective solely in the event <br />of an iss'.'?nce by a Colorado District Court of an order authorizing a foreclosure sale of <br />said shares of stock pursuant to Rule 120 of the Colorado Rules of Civil Procedures. <br /> <br />Dated <br /> <br />Lower Arkansas Water Management <br />Association <br /> <br /> <br />BY.1/P! q/-1 <br /> <br />William J. Grasmick, President <br /> <br />Attest <br /> <br />By <br />Donald F. Higbee, Corporate <br /> <br /> <br />. ";,. <br /> <br />Attac.hment C to Contract C153715 Amendment #4, <br /> <br />~", <br />