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promulgation of said environmental regulations. Energy Fuels agrees to use reasonable diligence <br /> to remove causes of force majeure as may occur from time to time;provided, however, that the <br /> disposition,settlement or handling of strikes, lockouts or other labor difficulties and disturbances <br /> shall be entirely within the discretion of Energy Fuels. <br /> 26. Recording of Short Form Notice. Upon request of Energy Fuels, Lessor will <br /> execute and deliver a memorandum of this Agreement (Short Form) for the sole purpose of <br /> recordation in the real property records so as to give recorded notice, pursuant to the laws of the <br /> State of Colorado, of the existence of this Agreement.No such memorandum shall modify, vary <br /> or amend any terms of this Agreement. <br /> 27. Ore Transportation and Drilling. During the term of this Agreement, Lessor will <br /> have the first right to provide trucking services to deliver ore produced from the Subject <br /> Properties to the mill or ore storage site and to provide surface drilling on the Subject Properties <br /> at a price for such services no greater than five percent (5°/a) above the average of the lowest <br /> three(3)bids for such services. <br /> 28. Arbitration of Disputes. Any dispute, contest, controversy or claim afising from <br /> this Agreement, including alleged breaches hereof and defaults hereunder, shall be resolved by <br /> arbitration in substantial accordance with the Colorado Uniform Arbitration Act of 1975, as the <br /> same may be amended at the time for the call for arbitration. Arbitration proceedings shall be <br /> held in Montrose or Mesa counties, Colorado, and any arbitration award may be enforced in any <br /> Colorado court of competent jurisdiction, the parties hereto consenting to the jurisdiction of such <br /> courts for this purpose. The arbitration decision shall be in writing and shall set forth findings of <br /> fact and conclusions of law supported by a reasoned opinion. The total costs of such arbitration <br /> shall be borne solely by the losing party. <br /> 29. Notices. Any notice, election, payment or other correspondence required or <br /> permitted hereunder shall be deemed to have been properly given or delivered when made in <br /> writing and delivered personally to the party to whom directed, or when deposited in the United <br /> States certified mail, with all necessary postage fully prepaid, return receipt requested, and <br /> addressed to the party to whom directed at its below specified address,to-wit: <br /> As to Lessor: Little Maverick Mining Company <br /> Attn: Virgil L. Sutherland <br /> Post Office Box 404 <br /> Naturita,Colorado 81422-0404 <br /> 14 <br />