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C. t upon terininatOn of this Lease for any reason. the Compaq shall <br /> continue to be liable Or the performance ofall of Company's <br /> obligations and the satisfaction of all Conlpany*s liabilities to lessor <br /> inClUCIli o Na not limited to. the payment of royalties which have <br /> aCCRICCI prior to the date of teril hmOoil an xi the comp11Qilce "it all <br /> laws. regulations. and permit conditions that apply to the Property and <br /> the operations on the Pfoperty includhg. but not limited to all <br /> reclamation environmental and land use la\\s. re,"ulations and permit <br /> conditions. <br /> d. t`pon tcrillination of this Lease \\ith respect to all or any part of the <br /> Property. the Conlpan� agrees to furnish 1.CSsoi-\\ith a doCutllCilt <br /> reasonabl\ satisfactor\ to Lessor \eri f_\iriz1 such terllliilatlOil and <br /> release of Lease. <br /> C. t!pon termination of this Lease by the Compan} for an\ reason. all <br /> sums paid heretic da to Lessor shall remain the propert� of I.essor and <br /> shall not be recoupable or reflnldable except to the extent that they <br /> have alread\ been recouped or refunded as of the effective date of <br /> termination. or C\Cept as cxpressl� provided in Paragraphs 10.11 and C <br /> above. <br /> 11 End or Tenn. The Company shall haw the right Or six (6) Illonths from the <br /> date ill,the expiration or termination of the Lease to dismantle and relnlo\c <br /> machinery, equipment. improvements. and other lacilitics installed of <br /> Cllilstrltcted on the Property b\ the Cornpanl and also to sell and remove <br /> Materials then stocQ61ed on the PI'opert\, s jjcct to its obli`.'_atioil to pa\ Sales <br /> Ro\tilties pursuant to Section ?. <br /> 14. No Development Co\enant There is no implied covenant of obligation of the <br /> Company tuexplore. dc\clop or nine the Property or to sell Materials The <br /> Cornpai1\ i11a\ maintain this i grecillent ill C11ect for its term and ail\ allo\\cd <br /> extensions b\ it akiilg the pa\meats set forth herein. <br /> 15. Restoration of Propert\. Within one ( 1 ) }car after the expiration or earlier <br /> termination ofthis Lease. the Company is required to substandall\ restore the <br /> Property to the condition required b3 law and b\ the applicable permits and <br /> appro\als required liar the C'onlpam to conduct operations hereunder. <br /> Thereafter. the Compaq shall continue to ha\e the AN to access and enter <br /> the Property ands) effect on the Property such final reseedim�.!. restoration. <br /> repain rehabilitation and reclamation as may be required for the C mnpany to <br /> obtain release of any security or bond pro\ided h\ the Compaq to secure its <br /> perbrmance of reclamation require b\ it, zl70\Crnnlental permits and <br /> authorizations. Follo\\ins_ the expiration or termination of this Lease for an\ <br /> reason. Lessor covenants that Lessor \\ill not extract or alloy\ others to extract <br /> Zlatcrials until Lessor or others effect the transfi:r of the Colorado Division of <br /> 9 <br /> Lessor Initials• <br /> Lessee Initials <br /> i <br />