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3. Assignee shall indemnify and hold harmless Assignor from and against <br />any and all liability with respect to the future business of Assignee and with respect to all of the <br />obligations of the Lease assumed by Assignee, without any exception whatsoever. <br />4. Assignee shall indemnify and hold Assignor harmless from any and all <br />penalties, fu3es, costs, claims, demands, damages or liabilities of any kind, including attorneys' <br />fees and costs, arising out of or in connection with the operations, activities or omissions of <br />Assignee relating to the Lease andlor the Leased Property. <br />5. In consideration of this Assignment, Assignee shall pay to Assignor a <br />royalty payment o er ton of Extracted Materials from the Leased Propertyfor <br />the first doom tops p year and thereaft the Royalty Payment shall <br />Per ton per year with a minimum annual Royalty Payment o <br />per year payable in monthly installments (due on the 15 day in the <br />month fo a commencing on the date hereof and continuing for a period of ten (10) years <br />and thereafter the Royalty Payment shall be par ton of <br />Extracted Materials from the Leased Property with a Minimum Royalty of Six Hundred <br />Per year, provided, however. (1) in the event that the total Royalty <br />Payrneat and the Equipment Rental Payment in any given year exceeds the Minimum Royalty <br />Payment and Equipment Rental Payment (the difference between the actual Royalty Payment in <br />a given year and the combined Minimum Royalty Payment and Equipment Rental Payment <br />being a Surplus Payment), the Assignee may use the Surplus Payment as a credit against any <br />future shortfall, and (In that the aggregate of the total Royalty Payments to Assignor, plus the <br />total of to Assignor under the Equipment Lease, shall not exceed <br />[Signatures on Next Page] <br />Mug t-39 AfslpmentdlaarL 4-19-20 <br />