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RECEPTION#: 643987, 08/31/2006 at 03:03:40 PM, 4 OF 6 Doc Code:LEA, Kay <br />Weinland, Routt County, CO <br />12. Conflict of Interest. Conflicts of interest relating to this Agreement are strictly prohibited. <br />Owner shall not give to or receive from any director, employee or agent of P&M any gift, <br />entertainment or other favor of significant value, or any commission, fee or rebate. Likewise, <br />Owner shall not enter into any business relationship with any director, employee or agent of <br />P&M (or of any Affiliate of P&M), unless such person is acting for and on behalf of P&M, <br />without prior written notification thereof to P&M. <br />OWNER: <br />Chevron U.S.A. Inc. <br />r''�GUtte <br />4 Robert r, Attorney -in -Fact <br />The Pittsburg & Midway Coal Mining Co. <br />By: j4� Q.— <br />Mark A. Smith, President <br />Page 4 of 6 <br />