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. . The Sponsors shall contribute as follows: a. Subject to appropriation by the Board of Directors, Battlement Mesa shall contribute $1,000 in cash plus $5,000 of in-kind services. b. Subject to appropriation by the Board of Directors, West Divide shall contribute $1,000 in cash plus $1,000 of in-kind services. c. Subject to appropriation by the Board of Directors, Ute shall contribute $1,000 in cash plus $5,000 of in-kind services. d. Subject to appropriation by the Board of Directors, the River District shall contribute $5,000 in cash plus $1,000 of in-kind services. e. Subject to appropriation by the General Assembly, the CWCB shall contribute $8,000 in cash plus $2,000 of in-kind services, In the event that actual costs associated with accomplishing the Study activities identified in Exhibit A exceed S60,000, and each of the Sponsors has been notified and has agreed to a cost ceiling increase as specified in Sections 6 and 7 of this MOU, then th~ Sponsors shall provide a check made payable to Reclamation or additional ~n-kind services, in an aggregate amount equal to 50 per cent of the differenc~ between actual and estimated costs. Checks shall be delivered within 60 calendar days of receipt of an invoice from Reclamation in like manner as th~ previous payments. In the event that actual costs associated with accomplishing the Study activities identified in Exhibit A ar~ less than $60,000, then Reclamation shall compute the difference between actual and estimated costs, and the Sponsors shall be entitled to one-half of that difference. Since the Sponsors' total contribution as descr~bed in Section 5 is 53.3 per cent cash and 46.7 per cent in-kind services, R@clamation shall provide checks made payable to each Sponsor for their pro rata share of 53.3 per cent of one-half of the computed difference between acf-ual and estimated costs. Checks shall be delivered to the Sponsors at the aodresses identified in Section 10 of this MOU within 60 calendar days of receipf- of the final invoice for services performed by Denver Office. 6. COST CEILING. Total expe~ditures associated with the accomplishment of the Study activitie~ identified in Exhibit A shall not exceed $60,000 unless modified under f-he terms of Section 7 of this MOU. 7. agreement MOU shall officials MODIFICATION. This MOU may be modified through multilateral between Reclamation and the Sponsors. Any modification made to this be confirmed in writing and executed by the authorized signatory prior to performance of the Modification. 8. TERMINATION. Following t~e completion of Phase I Study activities, any party may terminate t~is MOU upon 30 days' written notice to the other parties. The Sponsors shall pay 50 per cent of the actual cost of all Study activities accomplished undsr this MOU which, in the exercise of due diligence, Reclamation is unable to c3ncel prior to the effective date of termination. However, the maximum am~unt of liability assumed by the Sponsors under this Section shall not exceed 50 per cent of the cost ceiling amount identified in Section 6 of this MOU o~ 50 per cent of the modified cost ceiling amount in effect at the time of the termination, which ever is greater. 9. under this being made CONTINGENT UPON APPROPRIA~IONS. The liability of Reclamation MOU is contingent upon appropriation and reservations of funds therefore. 2