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- <br /> i CO LO R A DO <br /> / <br /> | State Land Board <br /> APPND, <br /> LEASE ASSIGNMENT - Solid Minerals ASSIGNMENT CjF LEASE NO. <br /> Please check if this is a full or partial assignment: FULLIZI PARTIAL <br /> If there ioaconflict between thefuK/partiai box checked above and the acreage assigned indicated beiow, the <br /> specific acreage assigned will control. <br /> In consideration of good and valuable consideration agreed to between the Assignor and Assignee (named below), <br /> this lease assignment ("Assignment") is entered into between the Assignor and Assignee and they agree as <br /> follows: <br /> ASSIGNOR (')4sdgnor~)(Name) Denver Brick Company <br /> 3O24 Acme 8hckPlaza(Address) _— ..... <br /> __- <br /> (City' State, Zip) Fort Worth, TX 76100 <br /> hereby assigns and transfers, subject to approval from the State of Colorado, acting byand through its State <br /> Board of Land Commissioners (''State Land 8oard^), all right, title and interest as"Lessee of Record" on the State <br /> Land Board's solid minerals lease identified above (the''Lease^)in <br /> 240 of the Lease (ands located in Elbert County, Colorado ('County"), NE/4:E/2 NVV'. <br /> of: (Acreage Assigned) (Subdivision) <br /> lO 8S 82VV <br /> Section Tm*nshi�_________. Range (collectively, the"Assigned Lands''), <br /> including all stipulations and requirements attached and incorporated into the Lease, unto: <br /> ASSIGNEE ('Assignee'')(Na mGenena| Shale <br /> e) B/(ok' Inc. <br /> 1B45VV Da�rnouh�(Address) W. Ave. <br /> (City, State, Zip} [}anvar. CC) 80110 <br /> Reserving unto the Assignor aK previously reserved minority reservations of Lease ownership and/or overriding <br /> royalties made and filed by the Assignor in the clerk and recorder's office of the County ("Clerk Et Recorder's <br /> Office''), to the extent that such reservations comply with the terms of the Lease. The parties acknowledge that <br /> the State Land Board has one "Lessee of Record"on the Lease and does not track minority assignments of <br /> overriding royalties or minority leasehold interests in the Lease; howevpr, pursuant to the terms of the Lease, the <br /> State Land Board acknowledges that separate contracts for minority ieaseho|d interests arid overriding royalties in <br /> the Lease may exist between the Assignor, the Assignee and/or other minority owners in documents filed in the <br /> Clerk Et Recorder's Office and this Assignment does not purport to assign those interests. <br /> As of the Effective Date (as defined below), the Assignee hereby agrees to accept and assume a\\ tit\e, <br /> respnns'biUty, liability and interest in, and to abide by all terms and conditions u/the Lease being assigned, and <br /> will herein be the new "Lessee o/ Record"for aU. or part nf the Lease assigned (as specified above), Moweve/, <br /> pursuant to the terms o/ the Lease. the State Land Board's approval of this Assignment shaii not release the <br /> Assignor from any liability for known o, unknown waste or damage to the Assigned Lands, inciuding, but not <br /> limited to, environmental damage which arose from, or in connection with Assignor's use or occupancy of the <br /> Assigned Lands and/or from any liability for violations nf the Lease and/or of applicable federai, state, and local <br /> (a*s, reguiations, ruie, and ordinances including without limitation the rules and regulations of the Colorado <br /> Division of Reclamation and Mining Safety during Assignor's use or occupancy o/ the Assigned Lands. <br /> As of the Effective Date' the Assignor represents and warrants to the State Land Board that all rents, royalties and <br /> advanced minimum royalties under the Lease are paid Lip todate, and there are no outstanding <br /> reciamationissu*s. <br /> [onsideratinn4m Ze,ouun�� (/efe/ to tease terms). and submit <br /> affidavit stating the value of any consideration tendered toAssignor by Assignee. <br /> Lease No. 2347'16-S — k0204U7 Page1 of Revised_4G_DEH_ZO`701Zo <br />