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UNITED STATES <br />DEPARTMENT OF THE INTERIOR Serial No.; ;;, = c <br />BUREAU OF LAND MANAGEMENT Date of Lease; <br />MODIFIED COAL LEASE <br />PART I. <br />THIS MODIFIED COAL LEASE is entered into on April 1, 2016 by and between the UNITED STATES OF AMERICA, <br />hereinafter called the Lessor, through the Bureau of Land Management, and <br />Twentymile Coal, LLC <br />29515 Routt County Road 27 <br />hereinafter called Lessee. Oak Creek, CO 80467 <br />This modified lease shall retain the effective date February 1, 1996, of the original COAL LEASE C00546W and is effective for a <br />period of 20 years therefrom, and for so long thereafter as coal is produced in commercial quantifies from the leased lands, subject to <br />readjustment of lease terms at the end of the 20th lease year (February 1, 2016), and each l0-ye4r period thereafter. <br />See. 1. This lease is issued pursuant and subject to the terms and provisions of the Mineral Lands Leasing Act of 1920, as amended, <br />41 Stat. 437, 30 U.S.C. 181-287, hereinafter referred to as the Act; and to the regulations and f rrmal orders of the Secretary of the Inteno: <br />which are now or hereafter in force, when not inconsistent with the express and specific provisions herein. <br />Sec. 2. 1. Lessee as the holder of Coal Lease C0054608, issued effective February 1, 1996, was granted the exclusive right and <br />privilege to drill for, mine, extract, remove or otherwise process and dispose of the coat deposits in the Wadge seam only, upon, or <br />under the lands described below as Tract 1. <br />2. The Lessor in consideration of fair market value, rents and royalties to be paid, and the conditions and covenants to be observed as <br />herein set forth, hereby grants and leases to lessee the exclusive right and privilege to drill for, mine, extract, rc move, or otherwise <br />process and dispose of the underground coal deposits in the Wolf Creek seam only, on the following lands de,cribed as Tract 2, <br />)original Lease: <br />Tract 1: T 5 N.. R. 86 W,. 6'P M. <br />sec. 21 Ni=1f2 <br />Contamin: approximately 320 ac r _ , riore o- less to Routt County, Colorado. <br />Modification: <br />Additional UIG Reserves <br />Tract 2: T. 5 N., R. 86 W., 0' P.M. <br />sec. 21: N'%NE/2, N'V2SWi44NEIA, N1/0S /NW'/4� NV2S°/2SW1/cNW'/; <br />sec. 22: N'hNWI:. <br />Containing approximately 310 acre:, more or less, in Routt County, Colorado. <br />