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life of the Permit. The amount of the financial warranty shall be sufficient to assure the completion of <br /> reclamation of affected lands if the Division has to complete such reclamation due to forfeiture. If the <br /> Board determines the Operator is in default under this performance warranty and the Operator fails to <br /> cure such default,the Operator's financial warranty shall be subject to forfeiture pursuant to C.R.S. <br /> 34-32-118/34-32.5-118. <br /> This performance warranty by the Operator is perpetual and shall remain in full force and effect until <br /> 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 /> The provisions hereof shall bind and inure to the benefit of the parties hereto and their successors and <br /> assigns. <br /> SIGNED, SEALED AND <br /> DATED this day of <br /> (date) (month) (year) <br /> Operator: Premium Pellets LLC <br /> Signature: <br /> Name: <br /> Title: <br /> NOTARIZATION OF OPERATOR'S ACKNOWLEDGEMENT <br /> STATE OF ) <br /> ) ss. <br /> COUNTY OF ) <br /> The foregoing instrument was day <br /> acknowledged before me this of <br /> (date) (month) (year) <br /> by: as of Premium Pellets LLC <br /> (name) (title) (Operator) <br /> Notary Public: <br /> My Commission Expires <br /> APPROVED: <br /> State of Colorado <br /> Mined Land Reclamation Board <br /> Division of Reclamation,Mining and Safety <br /> Date <br /> By: Michael A. Executed: <br /> Cunningham <br /> Division Director <br />