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LEASE AGREEMENT <br /> This Lease Agreement("Agreement") is entered into this 19th day of July 2024 (the <br /> "Effective Date"), by and between Oldcastle SW Group,Inc., a Colorado corporation <br /> ("Tenant") of 2273 River Road, Grand Junction, CO 81505 and Preferred Materials,Inc., a <br /> Georgia corporation ("Landlord") of 4626 Scarborough Drive, Lutz, Florida 33559. <br /> RECITALS <br /> A. Landlord is the owner of certain real property located in Fremont County, Chaffee <br /> County, Otero County, Prowers County, and Pueblo County, in the state of Colorado more <br /> particularly described in Exhibit A attached hereto ("Land"), and any improvements <br /> ("Improvements") and personal property located thereon ("Personal Property"the Land, <br /> Improvements and Personal Property collectively referred to as the "Property"). <br /> B. Landlord desires to lease the Property to Tenant and Tenant desires to lease the <br /> Property from Landlord all in accordance with and subject to all of the terms, conditions and <br /> covenants set forth in this Agreement. <br /> NOW, THEREFORE, for good and valuable consideration,the receipt and sufficiency of <br /> which is hereby acknowledged, Landlord and Tenant agree as follows: <br /> AGREEMENT <br /> 1. Term. This Agreement shall commence on the Effective Date and expire July 18, <br /> 2044 (the "Term"). <br /> 2. Rent. Tenant shall pay annual rent in the amount equal to the annual depletion <br /> expense for CRH Americas' financial accounting purposes at the end of each calendar year <br /> ("Base Rent")to Landlord. Such Base Rent shall be paid through CRH Americas' intercompany <br /> payment process. <br /> 3. Taxes. Tenant shall be responsible for all real estate, ad valorum taxes and <br /> assessments on the Property as well as all taxes related to its operations, equipment and fixtures. <br /> 4. Possession and Use of the Property. Tenant shall be entitled to possession of <br /> the Property, with right of ingress and egress, on the first day of the Term of this Agreement and <br /> shall yield possession to the Landlord at the end of the Term. Tenant shall use the Property to <br /> operate its construction materials business, conduct mining and mineral extraction, and for any <br /> other lawful purposes. <br /> 5. Right of First Refusal. Landlord will give Tenant the"Right of First Refusal" <br /> on any bona fide offer made to Landlord to purchase the Property, including but not limited to <br /> whether or not the sale or transfer of the interest in the Property is a part of a divestiture of all or <br /> a part of Landlord's assets or the Property. If Landlord receives an offer, it shall give notice to <br /> Tenant, who shall have 45 days after receipt of the notice to exercise its right of first refusal. If <br /> Tenant makes no election within the 45-day period, the right of first refusal as to the offer shall <br />