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Permit. The amount of the financial warranty shall be sufficient to assure the completion of reclamation of <br /> affected lands if the Division has to complete such reclamation due to forfeiture. If the Board determines <br /> the Operator is in default under this performance warranty and the Operator fails to cure such default,the <br /> Operator's financial warranty shall be subject to forfeiture pursuant to C.R.S. 34-32-118/34-32.5-118. <br /> This performance warranty by the Operator is perpetual and shall remain in full force and effect <br /> until all obligations have been met and all associated financial warranty is released by the Board. Any <br /> release of liability in a succession of Operators shall comply with C.R.S. 34-32-119/34-32.5-119. <br /> The provisions hereof shall bind and inure to the benefit of the parties hereto and their successors <br /> and assigns. <br /> R-) <br /> SIGNED, SEALED AND DATED this day of /'�" d5� ,20 <br /> Operator: <br /> Climax Molybdenum Company <br /> Signature: <br /> Name: J. Stuart Teuscher <br /> Title: General Manager <br /> NOTARIZATION OF OPERATOR'S ACKNOWLEDGEMENT <br /> STATE OF e,�OrGda <br /> ss. <br /> COUNTY OF ,�ee� ) <br /> The foregoing instrument was acknowledged before me this .3 day of Ci .S'� ,20 D <br /> _ (Day) (Month) (Year) <br /> by5 <br /> - P�U.SL'� � l�e� as �" f'L G,va <br /> (Name) (Title) <br /> of Climax Molybdenum Company <br /> (Operator) 1117 <br /> LISA CROSS NOTARY PUBLIC <br /> Notary Public <br /> State of Colorado <br /> Notary ID#20094032740 My Commission expires <br /> My Commission Expires 09-29-2021 <br /> APPROVED: <br /> State of Colorado <br /> Mined Land Reclamation Board <br /> Division of Reclamation,Miningand Safety <br /> h' <br /> By: Date: <br /> Division Director <br /> Rev.7-2018 <br /> Page 2 of 2 <br />