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RECEPTIONM 777412,02/28/2017 at 01:19:22 PM, 1 of 4, R:$28.00,D:$0.00, Kim Bonner, Routt County,CO <br /> MEMORANDUM OF LEASE AGREEMENT <br /> Under the terms of the Lease Agreement("Lease")between CWH Properties LLC,a Colorado <br /> limited liability company ("Landlord"), and Oldcastle SW Group, Inc., a Colorado corporation <br /> ("Tenant"), having the same effective date ("Effective Date") as this Memorandum, Landlord has <br /> leased to Tenant portions of the following two parcels of real property: <br /> PARCEL A: <br /> THE NORTH ONE HALF OF SECTION 12, TOWNSHIP 6 NORTH, RANGE 88 WEST OF THE <br /> 6TH PRINCIPAL MERIDIAN, COUNTY OF ROUTT, STATE OF COLORADO, EXCEPT <br /> THOSE PORTIONS DESCRIBED IN THE DEEDS RECORDED IN BOOK 289 AT PAGE 570 <br /> AND IN BOOK 258 AT PAGE 189 ALSO EXCEPTING THOSE PORTIONS LYING WITHIN US <br /> HIGHWAY 40 AND COUNTY ROAD 51. <br /> PARCEL B: <br /> THE SOUTHEAST 1/4, SECTION 12, TOWNSHIP 6 NORTH, RANGE 88 WEST, OF THE 6TH <br /> P.M., COUNTY OF ROUTT, STATE OF COLORADO EXCEPT THOSE PORTIONS LYING <br /> WITHIN COUNTY ROAD 51. <br /> Such portions are generally depicted as Mining Pods #1 through #4 on Exhibit A, attached and <br /> incorporated by reference. The Lease permits Tenant to engage in mining and processing sand,gravel <br /> and other aggregate materials, and related activities. The Lease has an initial term beginning on the <br /> Effective Date and ending on the 15th anniversary of the Effective Date, with two successive five- <br /> year renewal terms. Other terms and conditions of the Lease are incorporated into this Memorandum <br /> by this reference. <br /> Effective: February 24, 2017. <br /> [Signature pages follow] <br /> 4 <br />