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Lease <br /> The following lease is between John Kuijvenhoven/JV Real Estate LLC (JVRE) and <br /> Cornerstone Materials LLC. (CM) <br /> JVRE agrees to lease the property described in the attached DBMS permit to CM <br /> Insurance and Bond Requirements <br /> CM agrees to provide insurance and bonding in accordance with state requirements <br /> Payment Terms <br /> CM will sell extracted materials for use on the property to JVRE at negotiated prices on a per <br /> lot basis. <br /> In the event that a Special Use Permit is authorized by Ouray County, CM to pay JVRE a to be <br /> negotiated price per ton for materials extracted and removed from the site. <br /> Term of Lease <br /> Nov 1, 2023 to January 1 2026 unless terminated sooner by either party <br /> Either party may terminate lease with 10 days written notice <br /> Remediation <br /> CM responsible for satisfactory remediation of the site at the end of the lease term, or upon <br /> cancellation by either parts. CM will complete satisfactory remediation within 180 days <br /> Transferable <br /> In the event that JVRE sells the property, this lease may be transferred to the new owner <br /> Signed By <br /> )06V K',�4 a�e'v NOV 20A <br /> John Kuijvenhoven Date <br /> JVRE LLC <br /> ttre <br /> oc tain Aggregates Date <br /> Attachements <br /> Exhibit A <br />