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All shares of The Greeley Irrigation Company <br />are subject to the Decree in Case No. 96CW658, <br />and the Company Bylaws and Policies. <br />Poudre Prairie Decree 96CW658 <br />Table A aAd c Parcel E-104 <br />IWO 3415 <br />INCORPORATED JULY 15, 1882 <br />SHARESgne-quarter( 1/4) <br />The Greeley Irrigation Company <br />Capital Stock $13,125.00 <br />525 Shares of the par value of $25 each <br />This certifies that Rex M. Hiner and Sharon A. Hiner ----------- <br />is the owner of _----------one-€tuarter (1/4) -------- shares of the capital stock of <br />THE GREELEY IRRIGATION COMPANY <br />transferable only on the books of the Corporation by the holder hereof, or by <br />attorney, upon surrender of this certificate properly endorsed. <br />IN WITNESS WHEREOF, the said Corporation has caused this <br />certificate to be signed by its duly authorized officers and to be <br />sealed with the seal of the Corporation, at Greeley, Colorado, <br />this 25th day of August , A.D. 2016 <br />CORPORATE SEAL <br />SECRETARY <br />0 <br />PRESIDENT <br />