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<br />The Operator promises to be responsible for reclamation costs up to the amount established by the <br />Board and incorporates its financial warranty to this performance warranty. The Operator agrees to maintain <br />a financial warranty (or warranties) in good standing for the reclamation costs for the entire life of the <br />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 /> <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 /> <br />The provisions hereof shall bind and inure to the benefit of the parties hereto and their successors <br />and assigns. <br /> <br />SIGNED, SEALED AND DATED this ___________ day of __________________________, 20______. <br /> <br /> Operator: ________________________________ <br /> <br /> Signature: ________________________________ <br /> <br /> Name: ________________________________ <br /> <br /> Title: ________________________________ <br /> <br /> NOTARIZATION OF OPERATOR'S ACKNOWLEDGEMENT <br /> <br />STATE OF _____________________) <br /> ) ss. <br />COUNTY OF ___________________) <br /> <br />The foregoing instrument was acknowledged before me this ________day of ______________, 20_____ <br /> (Day) (Month) (Year) <br />by _________________________________________as ________________________________ <br /> (Name) (Title) <br />of ____________________________________________________. <br /> (Operator) <br /> <br /> ________________________________________ <br /> NOTARY PUBLIC <br /> <br />My Commission expires: ____________________ <br />APPROVED: <br />State of Colorado <br />Mined Land Reclamation Board <br />Division of Reclamation, Mining and Safety <br /> <br /> <br />By: ___________________________________________ Date: _______________________ <br /> Division Director <br /> <br /> <br />Rev. 7-2018 <br /> <br />M-AP-20 <br /> <br />Page 2 of 2 <br /> <br />