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with others for the performance of exploration, development and mining work <br />hereunder, subject to all terms of this Lease, but no such subcontract shall <br />relieve the Company of its obligations to Lessor hereunder. <br />15. Notice. Notices of default or of cancellation or termination of this Lease and <br />all other notices required or permitted hereunder shall be given by personal <br />delivery or by registered or certified mail, postage prepaid, addressed to the <br />parties as follows; <br />If to the Company: P.O. Box 1720 <br />Canon City, CO 81215 <br />If to Lessor: 27354 Road JJ <br />McClave, CO 81057 <br />16. Condemnation. If the whole or any part of the Property shall be taken by any <br />public authority under the power of eminent domain at any time during the <br />term of this Lease, Lessor and the Company shall each be entitled to share in <br />the award to the extent of their respective interests in the Property with respect <br />to any taking. In the event only a portion of the Property is taken, and if <br />notwithstanding such taking the Company will be able to continue to conduct <br />its business in the remainder of the Property in substantially the manner it was <br />being conducted immediately prior to such taking, this Lease shall cease only <br />as to the part taken. If, however, by reason of the condemnation there is not <br />sufficient property left in or upon the Property for the Company to conducting <br />its business in substantially the manner in which it was being conducted <br />immediately prior to such taking, then and in such event this Lease shall <br />terminate. All condemnation awards on account of the interest of the Lessor <br />shall be paid to the Lessor and all awards on account of Company's leasehold <br />interest shall be paid to Company. The allocation of any lump sum award for <br />any taking between Lessor and Company shall be made by agreement <br />between them, if possible, or if the parties cannot agree (I) the value of <br />Lessor's interest in the property affected by such taking and under this Lease, <br />and (ii) the value of Company's interest therein under the Lease. <br />17. Non- Business Day Deadlines. If a date for notice, performance or payment <br />falls on a holiday or weekend, the time for performance or payment shall be <br />extended to the next business day, and if notice, performance or payment has <br />occurred on such weekend or holiday or after 5:00p.m. On any business day, it <br />shall be deemed to have occurred on the next business day. <br />18. Confidentiality; Recording The parties agree that the terms and conditions of <br />this Lease are confidential and shall not be disclosed to any third party <br />without the consent of the other. Neither party shall record this Lease without <br />the consent of the other. The parties agree to execute a short lease for <br />10 <br />Lessor Ini ' Lessee Initials <br />