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7. The Assignor and Assignee specifically request the Golden Canal and Reservoir Company to <br /> accept and honor this Assignment and its terms. <br /> Executed this /7th day of P¢aam a.r 1997. <br /> The Agricultural Ditch and Reservoir <br /> Company, a Colorado nonprofit <br /> Corporation / <br /> ( SEAL) <br /> i <br /> / <br /> By " <br /> Walter S. Welton, President <br /> Attest: 114:7141%, <br /> By <br /> ary . Theander, Asst. Secretary �4tad tfitoj <br /> ACKNOWLEDGMENT BY THE GOLDEN CANAL AND RESERVOIR COMPANY <br /> The Golden Canal and Reservoir Company ("Golden") hereby acknowledges that it has received a <br /> copy of the foregoing Assignment and agrees that, upon notice from the Colorado Water <br /> Conservation Board ("CWCB") that the Agricultural Ditch and Reservoir Company ("Company") is <br /> in default under Contract C#153769 with the CWCB and that the CWCB is exercising its right <br /> under the Assignment to collect monies due to Golden from the sale of water carried primarily <br /> through the Welch Ditch pursuant to Article 10 of Golden's bylaws, Golden shall deliver such <br /> monies directly to the CWCB until advised otherwise. <br /> The Golden Canal and Reservoir <br /> Company, a Colorado nonprofit <br /> Corporation / <br /> ( SEAL ) ByL�[/ ,„oc. „4 , 4 <br /> , <br /> Walter S. Welton, President <br /> Date /7 - f 7-' 7, <br /> ATTEST: <br /> By <br /> Gar r,D. heander, Asst. Secretary <br />