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RECEIVED <br /> MAY 2 3 2019 <br /> WATER RESOURCES <br /> STATE O%f NEER <br /> A. Complete agreement: This Lease contains the complete and entire <br /> agreement between the parties regarding the transaction contemplated herein, and <br /> supersedes all prior understandings, if any, between the parties regarding such matters. <br /> B. Written instruments: This Lease may not be modified in any respect <br /> whatsoever, except by a further agreement in wrrfing duly executed by both parties. <br /> Any notice, consent, waiver, approval or authorization shall be effective if signed by the <br /> party granting or making such notice, consent,waiver, approval or authorization. <br /> C. Notices: Any notice required under the terms of this Lease shall be <br /> given in writing and shall be effective upon delivery in person or the mailing thereof to <br /> the parties at the following addresses, or at such other addresses as a party may <br /> subsequently designate for itself by notice: <br /> Stonewall Water, LLC, <br /> 2920 N. Academy Blvd.,Ste 200 <br /> Colorado Springs, CO 80917 <br /> With cony to: <br /> Chris D. Cummins <br /> Monson, Cummins& Shohet, LLC <br /> 13511 Northgate Estates Dr., Ste. 250 <br /> Colorado Springs, CO 80921 <br /> cdc cowajerlaw.com <br /> Arkansas Groundwater Users Association, LLC <br /> P.O. Box 11446 <br /> Pueblo, CO 81008 <br /> D. Governing law: This Lease shall be construed and enforced in <br /> accordance with the laws of the State of Colorado. <br /> E. No lia ili : No officer, director, stockholder, investor in or partner or <br /> joint venturer of the parties, no disclosed or undisclosed principal of the parties, and no <br /> person or entity in any way affiliated with the parties shall have any personal-liability <br /> with respect to this Lease, or the transaction contemplated hereby; nor shall the <br /> property of any such person or entity be subject to attachment, levy, execution or other <br /> judicial process. <br /> F. Survival: The representations, covenants and warranties provided <br /> in this Lease and the rights and obligations of the parties hereunder shall survive the <br /> termination of the Lease to the extent provided in paragraph 6 hereof. <br /> 5 <br />