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2. To conduct all of its operations in accordance with the laws of the State of <br />Colorado, including, without limitations, the water laws, mining laws, and regulations of the <br />State Engineer. <br />3. To allow the Lessor or its officers or agents, from time to time, to enter upon all <br />parts of the leased premises for the purpose of inspection, surveys, taking of' samples and <br />measurements. <br />4. To provide the Lessor continued access to those portions of leased premises not <br />actually being used in mining activities of the Lessee and to accept the leased premises in its <br />present condition and to perform and complete all reclamation work on the leased premises <br />whether related to mining activities by previous operators or related to the mining operations of <br />Lessee. Except Lessee shall not be required to move the large piles of overburden stored to the <br />north of the gravel pit other than is necessary to complete slope gradients required to reclaim the <br />pit itself and/or as necessary to complete reclamation slope gradients on the overburden piles. <br />5. To keep the leased premises at all times clear of trash, rubbish, or junk, unless <br />prevented by extraordinary conditions or temporary breakdown of equipment. <br />6. To conduct a gravel operation and related activities in accordance with the laws <br />of the United States or the State of Colorado, or the ordinances of Rio Blanco County, and for <br />no questionable or improper purpose whatsoever. <br />7. To provide the Lessor, during the term of this lease, certificates of insurance <br />showing that the Lessee has in full force and effect public liability and property damage <br />insurance with and insurance company acceptable to Lessor with the following minimum <br />coverage: <br />Workman's Compensation <br />Public Liability <br />Comprehensive, General and Auto Liability <br />Blanket All Risk Property Coverage <br />Statutory Amount <br />$500,000.00 <br />$500,000.00 <br />$500,000.00 <br />8. At the termination of the Lease, to leave the leased property in an orderly and <br />clean condition conforming to the requirements of the reclamation plan shown in the Colorado <br />Mined Land Reclamation Board, hereinafter referred to as the "Mining Permit" or as amended, <br />and attached hereto as Exhibit "B" and incorporated herein. <br />3 <br />