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reasonable ingress and egress; the right to construct buildings, make excavations, stockpiles, dumps, <br /> drains, roads, railroads, powertines, pipelines, and other improvements as may be reasonably necessary <br /> in the mining and removal of said minerals; subject, however, to all existing easements and <br /> rights-of-way of third parties, and the rights of surface lessees and surface patentees, and further <br /> subject to the terms, conditions and agreements set out in this Lease. The above-mentioned rights <br /> may be exercised in connection with mining on other or adjacent lands only when mining on such lands <br /> is carried on in conjunction with the actual mining on the land herein leased. <br /> 3. RESERVATIONS TO STATE -- Reserving, however, to Lessor: <br /> A. Alt rights and privileges of every kind and nature, except as are herein specifically granted. <br /> B. The right to use or lease the Leased Premises or any part thereof at any time for any purpose, <br /> including the right to explore and prospect the Leased Premises, which use and leasing of the <br /> Leased Premises shalt be for purposes other than and not inconsistent with the rights and <br /> privileges herein specifically granted. <br /> C. The right to dispose of or lease the surface where Lessor is the surface owner. <br /> D. The right at all times during the life of this Lease to go upon the Leased Premises and every part <br /> thereof for the purpose of inspecting the Leased Premises, and the books of accounts and <br /> records of mineral workings therein, and of ascertaining whether or not said Lessee and those <br /> holding under and from it are carrying out the terms, covenants and agreements of this Lease. <br /> E. The right at any time to grant a right-of-way upon, over or across all or any part of the Leased <br /> Premises for any ditch, reservoir, railroad, communication system, electric powerline, or <br /> pipeline, schoolhouse or other lawful purpose; but that such grants shall not unreasonably <br /> interfere with the rights of Lessee. <br /> F. The right at any time to place the Leased Premises into the Stewardship Trust as set forth in <br /> Section 10(1)(b)(1) of Article IX, of the State Constitution. Said placement into the Stewardship <br /> Trust shall be for reasons not inconsistent with the rights and privileges of Lessee. <br /> 4. TERM -- Lessee may have and hold the Leased Premises for the term of ten 10 years beginning on <br /> 15th day of June, 2018, and ending at Twelve O'clock noon on the 15th day of June, 2028, subject to <br /> compliance with the royalties, rentals, and other terms, conditions, and agreements of this Lease. <br /> 5. ADVANCE MINIMUM ROYALTY -- As Advance Minimum Royalty (AMR), without relation to the amount of <br /> minerals mined from the Leased Premises, Lessee shalt pay annually in advance to Lessor the following <br /> amounts: <br /> LEASE YEAR AMR <br /> 1_2 <br /> 3-5 $50,000 <br /> 6-10 $25,000 <br /> Acreage changes resulting from surrender or partial assignment will not reduce the AMR <br /> proportionately. If Lessee does not extract minerals from the Leased Premises sufficient to return to <br /> the Lessor the minimum amounts above specified, it is nevertheless understood that the above sums of <br /> money are due and payable to Lessor whether or not minerals are mined, but that such AMR shalt be <br /> Page 2 of 18 <br />