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Stock Assignment <br />FOR VALUE RECEIVED, Eckhardt Farms, Inc. hereby sells, assigns and transfers <br />twenty -one (21) shares of the stock of the Western Mutual Ditch Company unto the Colorado <br />Water Conservation Board, which stock is standing in the name of the undersigned on the <br />books and records of the company represented by Certificate Number(s). , <br />and does hereby irrevocably constitute and appoint as attorney - <br />in -fact to transfer said stock on the books of the company with full power of substitution in the <br />premises. This Stock Assignment shall be effective solely in the event of a default by the <br />Eckhardt Farms, Inc. under Loan Contract C150338 with the Board. <br />Wmo I lr� <br />NAME <br />SEAL <br />By <br />Frank Eckhardt, Pres' nt <br />ATTEST: <br />By <br />avid Ec ar , Secretary <br />APPENDIX 4c TO LOAN CONTRACT C150338 <br />Page 1 of 1 <br />