2017-04-26_HYDROLOGY - M2000041 (2)

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covenants and agreements of this Lease. 9. Miscellaneous: A. Complete agreement: This Lease and the Agreement contain the complete and entire agreement between the parties regarding the transaction contemplated herein, and supersede all prior understandings, if any, between the parties regarding such matters. B. Written instruments: This Lease may not be modified in any respect whatsoever, except by a further agreement in writing duly executed by both parties. Any notice, consent, waiver, approval or authorization shall be effective if signed by the party granting or making such notice, consent, waiver, approval or authorization. C. Notices: Any notice required under the terms of this Lease shall be given in writing and shall be effective upon delivery in person or the mailing thereof to the parties at the following addresses, or at such other addresses as a party may subsequently designate for itself by notice: Arkansas Groundwater Users Association, P.O. Box 11446 Pueblo, CO 810001 STONEWALL SPRINGS QUARRY, LLC. 20 Boulder Crescent Colorado Springs, CO. 80907 D. Governing law: This Lease shall be construed and enforced in accordance with the laws of the State of Colorado. E. No liability: No officer, director, stockholder, investor in, or partner of the parties, no disclosed or undisclosed principal of the parties, and no person or entity in any way affiliated with the parties shall have any personal liability with respect to this Lease, or the transaction contemplated hereby; nor shall the property of any such person or entity be subject to attachment, levy, execution or other judicial process. F. Survival: The representations, covenants and warranties provided in this Lease and the rights and obligations of the parties hereunder shall survive the termination of the Lease to the extent provided in paragraph 6 hereof. G. Recording: This Lease may be recorded by either party at that party's expense. 3