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AGREEMENT <br /> This agreement is made and entered into on this 11"' day of �g� . 2022 (the <br /> "Effectfire Date") by and between SIJA-JL L•1 r.,T ("Owxr"), with <br /> an address of 11410 R U-/ I-S lN_4+�F Q { c r, �?ey 1 , and 1HC Scott, <br /> Inc. (IHC Scott), with an address for business of 10303 E. Dry Creek Rd., g300, <br /> Centennial, Colorado 80112. <br /> A. Owner owns and operates a property located in Rio Blanco County, Colorado <br /> (the"Borrow), located at ITN 10 PUY 01 , / uKcZ CO vifiti, (the <br /> "Property")from which it extracts fill dirt &backfKl materials ("Material"). <br /> B. INC Scott wishes to contract with Owner to allow INC Scott to extract Material <br /> from the Borrow, per the terms and conditions in this Agreement for use on the <br /> CDOT State Highway 13 project, during the 2-year lease term. <br /> Section 1. Extraction of Material and Restrictions on Use. <br /> Owner grants IHC Scott the right to extract Material from the Borrow for a period of <br /> two(2)years beginning from the Effective Date of this Agreement. W Scott shall have <br /> the right to continue to extract Material after the initial period until the CDOT State <br /> Highway 13 project is completed. <br /> Sectbn 2. Payment for Material Extracted. <br /> IHC Scott shall pay Owner the sum of $[:] er CY within thirty (30) days after IHC <br /> Scott is paid by CDOT. IHC Scott shall pay Owner each month for the number of CY's of <br /> Material S extracted during�q;;dingth.0 Ow bf &wA b P <br /> IHC Scott shall provide a TOPO survey of the mined area prior to extraction and a TOPO <br /> survey after to further verify quantities of material that have been extracted. <br /> Section 3. Exclusive Agreement. <br /> Owner may not extract Material from the Borrow or allow others to remove of Material <br /> from the Borrow, during the term of this Agreement. <br />