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e R I'dt <br />STATE OF COLORADO <br />COUNTY OF (fq <br />) ss.: <br />The foregoing instrument was acknowledged before me this � day of r , 2 015 <br />by Robert A. Lembke as Manager of Scout nvestments,L..L.C. <br />WHITNEY B BARTELSG10144: <br />NOTARY PUBLIC <br />STATE OF COLORADO <br />NOTARY ID 20094031406 <br />MY COMMISSION EXPIRES OCTOBER 26, 2017 <br />Notary Public <br />My Commission Expires <br />STATE APPROVAL <br />[for completion by Division] <br />(a) The Board hereby approves the transfer of permit number <br />1-7 <br />from <br />to <br />(b) The Board hereby recognizes as Successor Operator under <br />such Permit. <br />(c) The Board hereby accepts the Performance and Financial Warranties submitted by Successor and hereby <br />releases , as former Permittee ftom all obligations under <br />its Performance and Financial Warranties. The Board further releases all affected financial warrantors from <br />obligations under Financial Warranties associated with the former Permittee. <br />STATE OF COLORADO <br />DEPARTMENT OF NATURAL RESOURCES <br />MINED LAND RECLAMATION BOARD <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />By: Date Executed: <br />Division Director <br />