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14. Licenses and Permits. Except as otherwise set forth herein, Owner shall be <br /> responsible for obtaining all licenses, permits and other such approvals required by applicable <br /> governmental entities. Ames shall obtain a mining pen-nit if deemed necessary by the Owner. <br /> 15. Default. <br /> 15.1 The failure of Ames to perform the covenants and conditions on the part of Ames to <br /> be kept and performed, in the manner and at the times specified, shall constitute a default by Ames <br /> and shall, at the option of Owner, be cause for termination. <br /> 15.2 If Owner fails to perform each and all of the covenants and conditions, on the part of <br /> the Seller to be kept and performed, in the manner and at the times specified, such shall constitute a <br /> default by Owner and shall, at the option of Ames,be cause for tennination. <br /> 15.3 In the event of such exercise of the option to terminate this Agreement by either <br /> party, the non-defaulting party shall mail a notice to the defaulting party stating that this Agreement <br /> shall be terminated within sixty(60) days from the date of mailing of said notice. If,within said sixty <br /> (60) day period, the default is not corrected, this Agreement shall tenninate. In such event, the <br /> aggrieved party may pursue specific performance or money damages at their option in the District <br /> Court for the County where the Property is located. <br /> 16. Parties Bound. The provisions of this Agreement shall bind and inure to the benefit <br /> of parties hereto,their legal representatives, and their heirs, successors and assigns. <br /> 17. Condition Precedent. The commencement of Aines' obligations under this <br /> Agreement shall not begin until all necessary permits or approvals are obtained. <br /> 18. Law and Venue. This Agreement shall be governed by, and construed in accordance <br /> with the laws of the State where the Property is located. <br /> 19. Entire Agreement. The parties acknowledge and agree that the provisions contained <br /> herein, including all exhibits attached hereto, constitute the entire agreement. No alterations, <br /> amendments, changes or modifications, shall be valid unless by an instrument in writing by all the <br /> parties with the same formality as this Agreement. <br /> IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the <br /> day and year first above written. <br /> OWNER AMES CONSTRUCTION,INC. <br /> �a� By: <br /> Sim ature <br /> Seller's SSSSN or ITN: Its: Project Superintendent <br /> Witness` - <br /> Da'.m., c4.,n% <br /> 2/11/2021 3 <br />