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�* <br /> PlainsCapital BankW <br /> CLEAN IRREVOCABLE & UNCONDITIONAL LETTER OF CREDIT #5248-500 <br /> Date: February 1, 2019 <br /> BENEFICIARY: �Gp+EC�'��� <br /> Name State of Colorado Division of Reclamation, Mining, and Safety <br /> Address 1313 Sherman St., Room 215 <br /> Denver, Colorado 80203 FEB 2 0 2019 <br /> DIVISION OF RECLAMATION <br /> MINING AND SAFETY <br /> Gentlemen: <br /> For the account of 6 S Land and Cattle Co., we hereby establish our Clean, Irrevocable and <br /> Unconditional Letter of Credit in favor of State of Colorado Division of Reclamation, Mining and <br /> Safety for drawings up to U.S. $50,000.00 effective immediately and expiring at 5010 University Avenue <br /> Lubbock, Texas at 3:00 p.m. Central Standard Time on 1/31/2020. <br /> We hereby undertake to promptly honor your sight draft(s) drawn on us, indicating our Credit No.5248- <br /> 500, for all or any part of this Credit presented at 5010 University Avenue, Lubbock, Texas on or before <br /> the expiry date or any automatically extended date. <br /> Except as stated herein, this undertaking is not subject to any condition or qualification. The obligation of <br /> the Bank under this Letter of Credit shall be an Individual obligation of the Bank, in no way contingent <br /> upon reimbursement with respect thereto. <br /> Should you have occasion to communicate with us regarding this Credit, kindly direct your communication <br /> to the attention of our Letter of Credit Department, making specific reference to our Credit No.5248-500. <br /> It is a condition of the Letter of Credit that it is deemed to be automatically extended without amendment <br /> for one year from the expiry date hereof, or any future expiration date, unless 90 days prior to any <br /> expiration date we notify you by registered mail that we elect not to consider the Letter of Credit renewed <br /> for any such additional period. <br /> This Letter of Credit is subject to and governed by the Uniform Customs and Practice for Documentary <br /> Credits, 2006 Revision, International Chamber of Commerce Publication No. 600 (UCP), or any later <br /> version or amendment. This Letter of Credit is also governed by the laws of Texas, except as those laws <br /> conflict with the UCP. <br /> Very truly yours, <br /> r <br /> tarry allinger <br /> Pr 's� e n t <br />