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<br />THE PARTIES HERETO HAVE EXECUTED THIS CONTRACT <br /> <br />BORROWER: FL Gill H20 LLC, a <br />Colorado Limited Liability Company <br /> <br />State of Colorado <br />Bill Owens, Governor <br /> <br />County of <br /> <br />) <br />) SS <br />) <br /> <br />By <br />For the Executive Director <br />Department of Natural Resources <br />Colorado Water Conservation Board <br />Rod Kuharich, Director <br /> <br />By <br /> <br />X, Manager <br /> <br />State of Colorado <br /> <br />Pre-Approved Form <br /> <br />The foregoing instrument was acknowledged <br />before me this _ day of <br />2004 by X, Manager of the FL Gill H20 LLC. <br />Witness my hand and official seal. <br /> <br />Notary Public <br /> <br />By <br />Janis lilian, CWCB Contract Manager <br /> <br />My commission expires <br /> <br />By <br /> <br />(NOTARY SEAL) <br /> <br />ALL CONTRACTS MUST BE APPROVED BY THE STATE CONTROLLER <br /> <br />CRS 24-30-202 requires that the State Controller approve all state contracts. This <br />contract is not valid and no loan funds are available until the State Controller, or such <br />assistant as he may delegate, has signed it. <br /> <br />Leslie M. Shenefelt, State Controller <br /> <br />By <br /> <br />Effective Date <br /> <br />Page 10 of 10 <br />