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Ili <br />determined by the Authorized Offloar. If damag as sssceed the amount of than trrrnd, Purchaser harelry <br />acknowledges liability for sugh excess- Upon satisfactory performance of this contract, the bonds will be <br />canceled, or If cash or United $tatea securities were furnished in lieu of a security bond, such cash or <br />ua writifm will be rnturnad to Purchaser. j <br />(e) Whenever any bond furnished under this contract is found unsatisfactory by the Authorized Officer, <br />1-1 <br />the Authorized Officer may require a new bond which Is satisfactory- <br />Sec. 4. irgtion?rrf mitract and exten i rys ofttime. This contract will expire on 0212W2008 <br />unless an extension of time is granted In aceardanco with the provisions of 38 CFR 228.53(b? Written <br />application for an extension of time may be rt Hda by Purchaser hetwouni 30 and 90 dayn tmfore the expiration <br />date of the contract. <br />Sec. 7. Duties of Purchaser. Purchaser must lake Piro precaution and tmnsarvation measures and mu:St <br />dlsposo of slash and other debris resultino fromloperations hereunder in accordance with written instructions <br />&Qrrr the Authnrized Officer. <br />- <br />Sec. S. Notlice of operations. Purchaser must notify the Authorized Officer immediately of the commencement <br />and termination of operations hereunder. A report of production will be furnished at least annually by <br />Purchaser to the Authorized Officer. <br />Sac. 9. Responsibility for damages. Purchaser Is liable In damages for the toss or destruction of all <br />GoveraMant properly for which Purchaser is diredly or indireutly responsible under this contract, or resulting <br />from Purchaser's failure to perform under this contract In accordancewith the Instruction of the Authorized <br />Officer, as well as for costs incurred by Government resulting from Purchaser's breach of any of the terms <br />hereof, or Purchaser's failure to engage In proper conservation practice. For gamagas rmulting from MINI <br />action or grass negligence, of Purchaser, PurchE awls QQntractars ar auhrxanbVQtvrV, ar rany of their employees, <br />Purchaser is liable for triple the appraised value of damaged or destrayed materials as determined by the <br />Authorized Officer. If the Authorized Officer determines that the damage or destruction did not result from <br />Purchaser's willful action or gross negtlgence, lossor damages may be charged, buy riot less than the actual <br />appraised value of the materWr.. Purchaser anrif;t pray this Government for rsur:h damages within 30 days after <br />a written demand therefor ny the Authorized 0"Icer. <br />118C. 10. <br />(a) If Purrhaser violates any provislon of <br />notice, suspend any further operatimus for the F <br />N naUssary to remedy any violations. The At <br />after eervioe of written notice, to correct any via <br />Authorized Officer may, by written notice, cano <br />damages suffered by the Government by ream <br />such dbmsges of any advHnre puyrnents and t <br />its contract, the Authorized Officer may, after giving wrillen <br />r-chanor under this cantrart, UXCHapt such operations as may <br />iorized Officer May grant Purchaser an additional 30 days, <br />(ions. If Purchaser fails to remedy all violations, the <br />this contract and take appropriate action to rocovef all <br />of such violations, Including application toward payment of <br />(b) If Purchaser extracts or removes any mineral materials sold under this, W ntratt during any period of <br />Suspension, or if Pur0iL:iSer extracts Any of 81x:tli mtilerial after expirallion of the time for extraction or the <br />cancellation of this contract, such extraction ur removal is in trespass and renders Purchaser liable for triple <br />damages. <br />Sec. 11. Time for removal of personal pmpyrty. i,Purchaser has the right within t months after expiration Qf <br />the <br />time for extrw;liorl and rrarnovaf of minemral matcarialB, it not in default, to remove caquiprnrant, imirrnvements, or <br />other personal proporty fro m GoverrlA'ment tends for rights-of-way. Arty improvements such es road surfacing, <br />culverts, and hridpea which have becvrne r3 permanent part of H Gmernment road may not be removed. Any <br />equipment, improvements, or other personal property remaining on Governmont lands and rights-of-way at (Ni <br />end of this period for renruval as sal forth hefain becornes the properly of Rte (39vernrnerik