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u. Hea£wr for Con,,,:eni,, ce ;:Ct:] tit C '?` i,^, i e nieC.dc'd for
<br /> les o. Lain ed h,.re n ar i
<br /> cc '>enience and ier-er,;t,c=' dill c?n rr,. ;1�=0 to d-i �ie iiiimit
<br /> }' r� a'`c `' `? _ .. �� , or describe, the scope Or intent of
<br /> G.'IS (Ji MIS Le S:'.
<br /> C. Nan-Sesverabi'ity. Each Section in th,s Lease is i itert,,Jied with others and are not severable unless
<br /> by r •utuai consent of Lessors and Lessee.
<br /> D. Effect of Invalidity. if an./ provision or por io,i of this Lease o- the application thereof to any
<br /> person or cFc:u sta`ice shag, at any tlrne or to any exierlt, o--, invalid Or unenforceable for any reason
<br /> by a Court Of competent jt:ri;,�i�:tl0ii, and LF.e bas-s of the bargain betbveen the parties hereto is not
<br /> destroyed or rendered in ?f fnct'.,e t'iereb'y, tii:: I e•mairider Of this Lease, Or the application of such
<br /> provisions to pei saris. o'•circU,iira'lces Other t`a i those as to which it is held invalid O' unenforceable,
<br /> sn<`i'.l not be affectec, thereny.
<br /> 17 1 3iC Ci EfteIt, li;is Lease alld tnn rights and ob;ij!atio'ii created hereby shall be binding upon and
<br /> sn.a!t inure to th- henr_fit O' Lila p .'-ti?S C:(' a (i tn;it r SveCLiVE successor's and assigns.
<br /> F. Amendment. Except r)s spe;J*fically prc'.;dco iri Paraorapl- 2 (Royalty Rate Adjustment), this Lease
<br /> may be riodifiea, urnendcd or crlc,n _-d o;mly I),, an a reerrent i:i wrilino duty authorized and executed
<br /> by the signers hereof or o` persons acting ;`7 tnc same Capacity fGr sUCh party.
<br /> G. Governing Lay.,and Vei!uc, i h;s I ease an iiS application shall be construed jr, accordance with the
<br /> !--,,vs of the State of Cotorado. 7h- par'ties that ven_,e for any litigated disputes regarding this
<br /> Lease shad be. Denver Count':.
<br /> H. Orig ns. Ti^,is Lease may be si:rr.,ltaneoiusly executed in any nurimber of counterparts, each
<br /> Of s.Mhich shad, be deem J o,i 'n . Jai a':i i)' ,ynj(.`, cofl_S'tit to one and the Same Lease,
<br /> ld0 i h;r d-Par ty Re:' f?Ci- 'I's. P I.;S Lease 15 i:1i;F id Ed to dO.icribe the rights and resoonsibilities Of
<br /> and b t'+, er. t''e parties imer'�'to 311d, is not i"!-e:ded to, anJ sail e deem.-
<br /> I; t t0. COnfEr ri hts U• Oil
<br /> not o .d o
<br /> and persons Gi c ii'mies not 5;.;"la,o:"i?s r,;,•,reLo, nor t0 llifn',C• )M,Dair. Or enlarge in any way the po`PJers,
<br /> reg,tatory aL,thXir, eirh r pa;./ or 1 y other ,overr,mental entity not a party
<br /> hereto.
<br /> J. ran BUS'r1eSy Days, if Lh Ciatr? Of 3iV a' :i)^ lln i ti;;S Lease falls on 5atU"day, Sunda
<br /> y or a day
<br /> reco,nized as a "holida'y`" by the State (vi t oloraclo, then the relevant date strait be extended
<br /> a;jtomatica'ly until thl next d_'.'y ti:at is not 5aturdaq', ,u ;Tay c, a `hOtiday.
<br /> I1, 'WITNESS 'r'IHERE0 , Lessor has ca:as c tr;ese presen's to ce execc),ed in ouplicaite by the State Board of
<br /> Ladd Com;-nissioners and seated v.itr, t;;.; official seat of saij Boara, and Lessee has hereunto set his hand and
<br /> seal, a L on the day an;; year "rst ab,)'+u :',rttt'n;.
<br /> LESSOR:
<br /> STATE B,,,„APD OF LAND COMMISSIONERS
<br /> a1 /
<br /> F 18 76 m
<br /> Phillip J. Cou tney, Solid Minerals Leasing Manager
<br /> VL
<br /> �OIOaP
<br /> i o8i Revised 9/2015
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