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<br /> annually and in advance at the rate of$1 for each acre or fraction Lessee either shall submit or shall provide less as&ss to,and
<br /> thereof during the continuance of the lease. copying of,documents reasonably necessary to verify lessee
<br /> compliance with terms and conditions of the lease.
<br /> (b)RENTAL CREDITS-The rental for any year will be credited
<br /> against the first royalties as they accrue under the lease during the year While this lease remains in effect, information obtained `
<br /> for which rental was paid, under this section shall be closed to inspection by the public in 4
<br /> accordance with the Freedom of Information Act (5 U.S.C.
<br /> Sec. 2.(a)PRODUCTION ROYALTIES-Lessee shall pay lessor a 552). i
<br /> production royalty of 5 percent of the gross value of the output of the
<br /> leased deposits at the point of shipment to market. Stich production Sec.6.WATER RIGHTS-All water rights developed by the
<br /> royalty is due the last day of the month next following the month in lessee through operations on the lease lands shall immediately
<br /> which the minerals are sold or removed from the leased lands. become the property of the lessor.Lessee shall have the right to
<br /> use those water rights free of charge for operations under this I
<br /> (b)MINIMUM ANNUAL PRODUCTION AND MINIMUM lease. i
<br /> ROYALTY-
<br /> Sec. 7. CONDUCT OF OPERATIONS - (a) Lessee shall
<br /> (I)For the current lease period,lessee shall produce on an annual exercise reasonable diligence,skill,and care in the operation of
<br /> basis a minimum amount of 3,000 tons of sodium or related products the property, and shall carry on all operations, having due
<br /> on an annual basis;or regard for the prevention of injury to life,health,or property,
<br /> and prevention of waste or damage or degradation to any land,
<br /> (2)The lessee may pay minimum royalty in lieu of production for water,or mineral resources.
<br /> any particular lease year.Minimum royalty payments shall be credited i
<br /> to production royalties for that year only.The rate of the minimum (1)Lessee shall not conduct exploration or operations,other
<br /> royalty shall be $3.00 per acre or fraction thereof, payable before than casual use,prior to approval of plans of exploration or
<br /> January 1 of each year. operations by lessor and the receipt of necessary permits.
<br /> Sec. 3. SUSPENSION - Lessee shall notify the authorized officer (2)Lessee shall carry on all operations in accordance with
<br /> when operations are interrupted by strikes,the elements,or casualties approved methods and practices, and as provided in the
<br /> not attributable to the lessee.Upon application of lessee,lessor may operating regulations and in the approved mining plan, in a
<br /> approve suspension of operations under the lease when marketing manner that minimizes adverse impacts to the land,air,water,
<br /> conditions are such that the lease cannot be operated except at a loss. cultural, biological, visual, and other resources, including
<br /> In the interest of conservation of natural resources, the lessor may mineral deposits and formations of mineral deposits not leased
<br /> waive, suspend, or reduce rental, or minimum royalty, or reduce hereunder,and to other land uses or users. Lessee shall take `
<br /> royalty,and may direct or assent to the suspension of operations and measures deemed necessary by lessor to accomplish the intent
<br /> production under this lease in accordance with section 39 of the of this lease term. Such measures may include, but are not
<br /> Mineral Leasing Act,30 U.S.C.209. limited to, modification to proposed siting or design of 4
<br /> facilities,timing of operations,and specification of interim and
<br /> Sec. 4. BONDS -Lessee shall maintain in the proper office a lease final reclamation procedures. !
<br /> bond,or in lieu thereof,an acceptable statewide or nationwide bond in
<br /> the amount of$5,000. The authorized officer may adjust the bond (3) Lessor reserves to itself the right to lease, sell, or
<br /> amount as determined appropriate for operations under this lease. otherwise dispose of the surface or other mineral deposits in
<br /> Lessor shall require a lease bond sufficient to satisfy rental and royalty the lands and the right to continue existing uses and to
<br /> payments as well as lessee's performance bond tinder 43 CFR 23 for authorize future uses upon or in the leased lands, including
<br /> operations and reclamation requirements in the event that lessee fails issuing leases for mineral deposits not covered hereunder and i
<br /> to fully comply with lease terms,conditions,and stipulations. approving of easements or rights-of-way. Lessor expressly
<br /> reserves the right to issue oil shale leases for all or any part of
<br /> Sec. 5. DOCUMENTS,EVIDENCE AND INSPECTION -At such the lands subject to this lease, including the Saline Zone.
<br /> times and in such form as lessor may prescribe, lessee shall furnish Lessor also reserves the right to issue sodium leases for all or
<br /> detailed statements showing the amounts and quality of all products any part of the lands subject to this lease,excluding the Saline
<br /> removed and sold from the lease, the proceeds therefrom, and the Zone,giving due regard to the rights of lessee to the deposits
<br /> amount used for production purposes or unavoidably lost. leased herein. Lessor shall condition such uses to prevent
<br /> unnecessary or unreasonable interference with rights of lessee
<br /> Lessee shall keep open at all reasonable times,for the inspection of as may be consistent with concepts of multiple use and '
<br /> any duly authorized officer of less,the leased premises and all surface multiple mineral development. t
<br /> and underground improvements, works, machinery, ore stockpiles, E
<br /> equipment, and all books, accounts, maps, and records relative to (b)Exploration, Development, and Production of Leased ;
<br /> operations.Surveys,or investigations on or under the leased lands. Deposits and Other Operations in Oil Shale or Other Leasable o
<br /> Deposits - Lessee shall not conduct exploration or mining {
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