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ARTICLE 25 - Arbitration <br />.. ~ .. <br />• ~ 1 In the event any dispute or difference of any kind <br />. ~ relating to the interpretation or application of this Lense <br />or the Ancillary Agreement should arise between Lessor end <br />Lessee which they are not able to resolve within ten (10) <br />' ~~ days after the subject of dissatisfaction, dispute or differ- <br />') <br />ante has been brought to the etten lion of the other party in <br />.. 1 <br />1 writing, or if the parties are unable to ~negotiete new <br />1. <br />, <br />) royalties as contemplated by Article 3 hereof, either party <br />' may elect to submit such dissatisfaetion,~ dispute, difference <br />I or new royalty rates to arbitration., Zf the parties are <br />i <br />_. ..i unable to mutually agree on an arbitrator, such arbitrator <br />~ shall be chosen by the Chief Judge of the Federal District <br />Court for the District of Colorado. The arbitration will be ~. <br />~ conducted in accordance with the commercial arbitration <br />i <br />i <br />' ~ rules of the American Arbitration Association. The decision <br />~ of the arbitrator shall be~final and binding on the parties <br />. hereto artd the expense of such arbitza lion shall be shared <br />equally by the parties hereto. <br />' ARTICLE 26 - Notieea <br />Any notice required or permitted to be given <br />hereunder to Lessor or Lessee shall be considered as delivered <br />-. seventy-two (72) hours after the same shall have been deposited <br />' in the United States Hail, duly registered or certified, <br />with postage thereon prepaid. All notices given hereunder <br />shall be addressed as follows: <br />If to Lessor: Grassy Creek Coal Company <br />c/o Yla rren L. Tomlinson <br />Holland i Aart <br />P.O. cox 8749 <br />730 Seventeenth Street <br />Denver, CO 80201 <br /> <br />- 28 - (Rev. 5/86) <br />