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EVRAZ INC NA <br /> Page 4 of 4 <br /> water and accepts the water in its present, AS-IS condition. Lessor <br /> expressly disclaims any warranty of fitness for a particular purpose, and <br /> Lessor makes no representations as to the condition or fitness of the water <br /> for any purpose whatsoever. <br /> 11. Nothing contained in this Lease shall be deemed or construed as creating a <br /> partnership or joint venture between Lessee and Lessor. This Lease shall <br /> be construed according to the laws of the State of Colorado. <br /> 12. It is understood that there are no oral agreements between the parties <br /> hereto relating to this Lease, and this Lease supersedes and cancels all <br /> previous negotiations, arrangements, agreements and understandings, if <br /> any, between the parties hereto. All negotiations and oral agreements <br /> acceptable to both parties have been merged into and are included herein. <br /> 13. Time is of the essence for all provisions in this Lease. <br /> IN WITNESS WHEREOF, the parties hereto have executed this Lease in <br /> duplicate on the date first written above. <br /> LESSOR: CF&I STEEL,L.P., <br /> dba EVRAZ Rocky Mountain Steel <br /> LESSEE: Langston Concrete,Inc. <br />