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EXHIBIT B <br />MEMORANDUM OF AGR EMENT <br />THIS MEMORADLIM OF AGREEMENT is made this 1`t �h1 Tayof November, 2014, between <br />HARDSC?.=,BBLE, LLC., ( "Lessor ") and PIONEER SAND COMPANY, INC., a Colorado Corporation ( "Lessee ") <br />who ag-ee as follows: <br />�. Term and Premises. Lessor has leased to Lessee by Agreement dated Navea4bet C 2014, the <br />real property and improvements thereon legally described as: <br />See Exhibit A attached hereto and incorporated herein by reference hereinafter "Leased <br />Premises." �� <br />The term of the Agreement commences V �e�� '` mibrr , 2014, and shall continue for a period <br />of ten years thereafter unless sooner terminated or extended as provided for in the <br />Agreement. <br />2. Incorporation. The provisions of the Agreement are incorporated in this Memorandum of <br />Agreement by reference. <br />3. Notice. This Memorandum of Agreement is executed and delivered and recorded in order to <br />give notice of the existence of the Agreement and the renewal rights to any and all parties who <br />now or in the future have any interest in the Leased Premises. <br />4. Counterparts. This Agreement may be simultaneously executed in several counterparts, each <br />of which shall be an original, and all of which shall constitute one and the same instrument. <br />LESSOR: <br />HARDSCRABBLE, LLC <br />By <br />J. ILLIPS, General Manager <br />LESSEE: <br />PIONEER SAND COMPANY, INC., a Colorado <br />Corporation <br />By: <br />JOE KRAI X resid t <br />