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<br />leased lands, or the overriding,: royalty then permitted to be charged under
<br />the terms of the lease. As used, he rein, the term "gross sales price at
<br />point of sale" shaT1 have the- meaning as defined and allowed for federal
<br />royalty purposes in Section 217.63 of'Title 30, Mineral Resources (Revised
<br />as of July 1, 1976), Lode of.FeAeral Regulations.
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<br />3. It is understood and agreed that assignor shall not be required to pay or
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<br />to bear, directly or indirectly, any portion of Assignee's casts of mining
<br />or of Yransportationof coal,~~~~%~. ~~. '
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<br />Executed to be effective between' tFie parties hereto and their respective successors
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<br />and assigns as of~,~~1~977. .....,. '
<br />ATTEST: .:~~~ INDUSTRIAL ASSETS, INL. -ASSIGNOR
<br />Ruth David ~ E3war C. Rosar
<br />Assistant Secretary f gl Vice President
<br />ATTEST: ;~:i `SMERIDAN ENTERPRISES, INL. -ASSIGNEE
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<br />The foregoing instrument was,acknow)edged before me this day of
<br />December, 1977 by Edward C. Rosar;?as Vice President and Ruth David as Assistant
<br />Secretary of INDUSTRIAL ASSETS, TNC:, a Colorado corporation.
<br />»,
<br />Witness my hand.and officjaTseal..
<br />.>
<br />v.~ill,.~ Notary Public
<br />My Commission Expires: ~ i~/979
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<br />STATE OF COLORADO) ~,r~.,.
<br />ss.~-..,._ ~- :.:, ~
<br />County of Arapahoe) ~ '
<br />The foregoing instrument was acknowledged before me this ~_ day of
<br />December, 1971 by Walter Mueller,.Jr., as President and Gene W. Anderson, as
<br />Assistant Secretary of SNERIDAN ENTERPRISES, INC., a California corporation.
<br />Witness my hand and official deal .,i; ~~.
<br />d''.
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<br />~. ., ., ` '
<br />' Notary Public
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<br />My Co0Y11i557On E%pi ~e5: l~Y Commlaion Ezpirn 0et.1G, 1700
<br />_,,, ..
<br />Gen n erson '•' Wa ter Mueller, Jr.' ~'
<br />Assistant Secretary ~ i;";{ 'President
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<br />STATE OF COLORADO ) ~ .~•;,'Y,~~~,
<br />County of Jefferson) ss. .•`~,'/~`'.. , '
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