OCT a 4 2011
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<br /> 12. Amendment. This Agreement may be amended,modified,changed,or
<br /> terminated in whole or in part only by written agreement duly authorized and executed by the
<br /> parties hereto.
<br /> 13. Enforcement. The parties agree that this Agreement may be enforced in law or
<br /> in equity for specific performance, injunctive,or other appropriate relief, including damages,as
<br /> may be available according to the laws of the State of Colorado. It is specifically understood
<br /> that, by executing this Agreement,each party commits itself to perform pursuant to the terms
<br /> hereof,and that any breach hereof resulting in any recoverable damages shall not thereby cause
<br /> the termination of any obligations created by this Agreement unless such termination is
<br /> requested by the party not in breach hereof.
<br /> 14. Venue. Venue for the trial of any action arising out of any dispute hereunder
<br /> shall be in the Weld County District Court.
<br /> 15. Failure to Perform Due to Force Maieure. Subject to the terms and conditions
<br /> in this Paragraph, no party to this Agreement shall be liable for any delay or failure to perform
<br /> under this Agreement due solely to conditions or events of force majeure,as that term is
<br /> specifically defined herein; provided that: A)the non performing party gives the other party
<br /> prompt written notice describing the particulars of the occurrence of the force majeure;B)the
<br /> suspension of performance is of no greater scope and of no longer duration than is required by
<br /> the force majeure event or condition;and C)the non-performing party proceeds with reasonable
<br /> diligence to remedy its inability to perform and provides weekly progress reports to the other
<br /> party describing the actions taken to remedy the consequences of the force majeure event or
<br /> condition. As used herein force majeure shall mean any delay or failure of a party to perform its
<br /> obligations under this Agreement caused by events beyond the party's reasonable control,and
<br /> without the fault or negligence of the party, including,without limitation A)changes in state or
<br /> federal law or administrative practice concerning,water rights administration, water quality or
<br /> stream flow requirements, B)changes in state water tights administrative practice concerning the
<br /> reuse of Fully Reusable Water through leases to others for use at locations other than Aurora,
<br /> Colorado, including, but not limited to, challenges to retained dominion and control,C)acts of
<br /> God, D) sudden actions of the elements such as floods,earthquakes, hurricanes,or tornadoes, D)
<br /> sabotage, F) vandalism beyond that which can be reasonably prevented by the party, G)
<br /> terrorism, H)war, 1)riots,J) fire, K) explosion, L)severe cold or hot weather, M)snow, N)
<br /> drought[a condition more severe than that which occurred in the years 1954-1957 in the South
<br /> Platte River Basin] O) other extreme weather conditions,O) blockades,Q)insurrection, R)
<br /> strike,slow down or labor disruptions(even if such difficulties could be resolved by conceding
<br /> to the demands of a labor group); S) actions by federal,state,municipal,or any other
<br /> government or agency (including but not limited to, the adoption or change in any rule or
<br /> regulation or environmental constraint imposed by federal,state or local government bodies)but
<br /> only if such requirements,actions,or failures to act prevent or delay performance,T) inability,
<br /> despite due diligence, to obtain required licenses, permits or approvals,and, U)changes of law
<br /> relating to financial obligations,revenues and budgetary matters concerning Colorado local
<br /> governments and their enterprises. In the event a force majeure event or condition prevents
<br /> Aurora from delivering all or part of the agreed upon amounts of Fully Reusable Water to
<br /> Lessee, Aurora shall refund all advance payments made for that water not delivered within sixty
<br /> 4 BestWayLease
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