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<br />LEASE ACJ~~VT ??'ITFi OPTIOti T4 EL?Y R•L+?TERL+IL <br />i~`i.5 :~.EE'1'IFNT is made aad catered into oa tlvs 3 day of APRII. 3006, b~ and <br />between the Chvaer(s) R~1VD~I.L ~. H0~4T:I.L ~~L7O:"rE A~'Ni!.T?E HOti4r"ZL., Schose <br />arailiag address is: 4310 H'o've" 160 TPcIIti'~:LL; COLOP~4D0 Sl~l and the Cauipaa;>. <br />LEC.T~TE SAI4'D ~ GF:_4VEL, LLC whose aiailiar address is ?02 5. S4'AZ.P~TUT T~TIDsiD, <br />COLOi'L4T1O Ri0.~2. <br />tik'TTA'F~5S T1i~ T: The Ckcaer(>) for the ceasideralivn of GIVE HU1vDRID dollar(s) (5100.00) <br />aad further a~reeaiet¢ heretic leases to the Gompaa;~ as eidusive option for the purpose of <br />P~'~s~e°, Process, pr'adruiag, aad rerua.:ag such material located on land des~:bed as <br />follows: <br />5EE ~TTAG'T[ED)~TT"A" <br />The Campaay desires to purchase aay material located oa the above-described land. Royalty fees <br />will he paid at the falla~rag rate: <br />.4~~re-ate graduc~ renxoced at $~per 2oa far the fist five year:. <br />v <br />Theo 5 Far the aert five year;. <br />This Leave Agreement widr apfioa to buy material; shall commence oa the day of this agreemerrt <br />and remain is farce far a terra of tea years, with Foe option to reaesv uafil the aute:at is ariaed <br />oui <br />" The Company agrees to,pro~7de a a=+~ plan constesrt vriih the firhx~e deveIopmrnt ctitzria of <br />the ozsaer annually acceptable to hoin parties. <br />The Ceazaaay shall have the right of ia~ess cad egress to and from the subject premise; ant to <br />erect ass;• temporary structures, such as screeruno; crushirs<, aad•'ar asphalt or concrete plaais; to <br />stockpile araterial u an area of suf&ars=t t_i.>e; and to employ eay reasauable methods for tlxe <br />rersovat of said material. T"ae Companp :hall also leave the right of ingress aad egress for the <br />pupases ofrelamatiaa. <br />The Caaxpar- a4rees to pro:Yde IiabiLtc> iaztraace aad shall be responsible for all of iG <br />upe:~ati:;;LS related to :ui::ii,; u tl.e property: The Ocr,rer(s) :.ill L:e held l:ar:uless for ~ '. of t`i.e <br />Caa~pauy aad it3 employees ar s.:bcarnractar; related to aperatiaas oa the property. <br />Fa~meat far materials removed frern the z-n-opertp Sei11 be made to flee Orcae:(s) is a timely <br />fashic~. <br />Ttie term; kzreaf shall be binditu_, uposs aad irL~ure to the benefit of the heirs, executors, <br />administrator and assi~us ofthe respective parties hereto. <br />