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Company's rights hereunder if the Company pays the full amount <br />of damages within ninety (90) days after demand by Lessor. If <br />through no fault of the Company, such failure is impracticable to <br />correct within the 90-day prior, Lessor shall have no right to <br />terminate this Lease if the Company commences in good faith to <br />correct the failure and provided that the Company diligently <br />pursues and completes the correction within a reasonable time. <br />b. The Company shall have the right, at its option, to terminate this Lease <br />at the end of any Lease Year during the Term by giving at least sixty <br />60) days prior written notice to Lessor. <br />c.Upon termination of this Lease for any reason, the Company shall <br />continue to be liable for the performance of all of Company's <br />obligations and the satisfaction of all Company's liabilities to Lessor <br />including, but not limited to, the payment of royalties which have <br />accrued prior to the date of termination and the compliance with all <br />laws, regulations, and permit conditions that apply to the Property and <br />the operations on the Property including, but not limited to all <br />reclamation environmental and land use laws, regulations and permit <br />conditions. <br />d. Upon termination of this Lease with respect to all or any part of the <br />Property,the Company agrees to furnish Lessor with a document <br />reasonably satisfactory to Lessor verifying such termination and <br />release of Lease. <br />e.Upon termination of this Lease by the Company for any reason, all <br />sums paid hereunder to Lessor shall remain the property of Lessor and <br />shall not be recoupable or refundable except to the extent that they <br />have already been recouped or refunded as of the effective date of <br />termination, or except as expressly provided in Paragraphs 10.B and C <br />above. <br />13. End of Term. The Company shall have the right for six (6)months from the <br />date of the expiration or termination of the Lease to dismantle and remove <br />machinery, equipment, improvements, and other facilities installed or <br />constructed on the Property by the Company and also to sell and remove <br />Materials then stockpiled on the Property, subject to its obligation to pay Sales <br />Royalties pursuant to Section 3. <br />14. No Development Covenant. There is no implied covenant or obligation of the <br />Company to explore, develop or mine the Property or to sell Materials. The <br />Company may maintain this Agreement in effect for its term and any allowed <br />extensions by making the payments set forth herein. <br />9 <br />Lessor Initials <br />Lessee Initial• i,,