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18109 '09 VEN 11:58 FAX 418 092 2420 CARRIE= POLYCOR INC CA008 <br />(�~ ) <br />good, mlinerlike tYp =d appiut t the m aacordauco with <br />I.8 lvlinimu�m Royalty; The amount of TCt Thousand Donazs (SI0,000) to be paid by Lauee to <br />Lessor on the commuenv=02 ofthe Initial Teutim and then on the <br />quarter the� durhzg the TWW Team. ft dY of each celndar <br />ba� inoresaed td gvrehty Thousand. i�llare � <br />(�0.0oa) Pa'naleadar guatteu: ;� <br />1.9 Operating Face: The area, areas or auctions of the pretty ftOm which Dimension Marble <br />and Wmtc Marble, are obtained and pmd..d; <br />1.10 ?=I ts: P.ach, averyaud all permit, cons v <br />other document or inst:rumeut of �► ar'mcel VIrOW, licenso, Mamtiom of <br />having jurisdiction, wiiather fe aPpmval ti�omi each, ovary and an gove mmW any <br />Property of a Mablo Quarry; , state or local, ny fm. the open on t>aa <br />1.11 Permitted Use: The use to which <br />' <br />:Hasa' use far the � may be put by Lc lmneunder and spcc3fica y <br />purpose of tbo conduct of a Ma,tble Qunay; <br />1.12 ProducdOU Royyalgr, The amozmt to bo old <br />Olo Wftved arm imti p by Lessee I.GSSoat '�'flpt off' <br />�Iy�l,.l� per Ito foot; ! <br />r , 1.13 ihaparty; Befng Bit aad the same desmibed on Schedule A attaalmd hereto; <br />�✓ 1.14 Renewal Teter; The tram of thirty five (3 <br />5) IaWa�y 1, 2035; (� Years, if exeavises its right to xeaow, <br />1. iS Space Quarried: The volume of space fmm which Uimeatsion Marble and Waft Marble arc <br />obtained and produced on the property, <br />1.16 Marble obtaiaed cad r <br />Aitrtension Marble and P odaced during tho miniag and � of <br />dutirrg the course tIureef bad of 4 res$ oftwc�� �r ) <br />�) �oi'tlda.voltrmaofBlor� 5$�vedt _ _ .... .. <br />1.17 � The amount to be aid b <br />P y Lessec t4 S.essor per short toA (2,000 pounds) of <br />y4aets Marblc and ialtially, i b3 .par to r <br />ARITCLE 2: LTi,,4= <br />2.1 Leasehold Cent. Lsar shall and does hamby lease acrd dmmim tmtq Lessee tho <br />ham' p rovided. �t'rapatiy as <br />until �ece ggtbet 31, 2034. of lease, °n <br />provided Lessee dmU Wt ben caooti in to cad <br />Z,easee shall ]lava tine right to renew the lease of �r alt is Article 8, <br />five (35) yaers Provided that Losses shah havo ��� an � tnam ofthhty <br />die to renew at h�sfi �c (� moatlas given the Y.,esaar w,utt� xaotioe cuts intact and <br />prior to the UpiraUm ofgm Initial Tartu whe upon <br />