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Whereas obligations guaranteed by this bond shall be in effect for the following described lands <br />approved as the permit area or increment upon which initial or succeeding operations will be <br />conducted: Township 35 North, Ranee 11 West; New Me7dco P.M., Section 19, lots 4, 5, <br />—f <br />SW' /aSE' /a; Section 25, lots 1, 2, W' /�NE'14, W/2; Section 26, SF,'/�NVA, E' /2SE'/a, SW' /SSE' /�. <br />(If more space is nee44 at a'sigt*d legal description "bit to tlf s rpttateral bond agreement) <br />Now thetire, if the Obl�,oiuymple�llc la�atipn Agda#ratement <br />requirements set fotth in the,,,,Atf, in 30 CF�• f 1VIL and inits. "e t,. inct&g the mining <br />and reclamation plans, tad this obligation sl 4Je.. ,y id; otherwise, it shill rd irx in )pll force <br />and effect. ; <br />(a) beginning on the date of the approval and issuahee of Permit Nc `' <br />and'extending until all reclamation, restoration, Ind abatement w6f ptirsuaiittA <br />the Act, 30 CFR. Chapter VII, and the permit has been completed to he <br />satisfaction of OSA and, <br />(b) until the bond is released pursuant to 30 Cl2 §800.40, replaced in acedFdance <br />with 30 CFR §800.50, or until the permitU been sold, reassigned or otherwise <br />transferred in accordance with 30 CFR §774.17; and <br />(c) extending for a minimum p erod-of five yts, notwithstanding the <br />requirements of sub - paragraphs (a)-and. (lr):abai.e, it being further understood that <br />if the Obligor performs any augmented seeding, fertilization or other supplemental <br />reclamation work on the site prior to bond release, the period of liabity tinder <br />this bond shin hegin again subject to the exception found in 30 CFR <br />§816.116(c)(4) or 30 CFR §817.116(c)(4). <br />The faik4re of the Obligor to fulfill the obligations specified by the Act, 30 CPR Chapter <br />VII, and it§ permit, shall result in a forfeiture of this performance bond aecord*g to the <br />procedures descril*d-in 30 CFR §800.50. <br />IN WPINESS WHHP$OF, the Obligor has hereunto set its signature and seal this <br />91 day of MARCH <br />NATIONAL KING COAL, LLC <br />(Corporati on/Permittee) <br />$y: <br />(Corporate Officer') <br />THE A CTIRFR <br />(Title) <br />IWhere one signs by virtue of Power of Attorney or Corporate Resolution for a corporate Principal, a certified copy <br />of the Power of Attorney or Corporate Resolution must be filed with the collateral bond. <br />Permit No. Page 2 of 3 Collateral Bond & Indemnity Agreement <br />