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<br />the terms of the lease. As used herein, the term "gross sales price at <br />point of sale" shall have the meaning as defined and allowed for federal <br />royalty purposes in Section 211.63 of Title 30, Mineral Resources (Revised <br />as of July 1, 1976), Code of Federal Regulations. <br />3. It is understood and agreed that assignor shall not be required to pay or <br />to bear, directly or indirectly, any portion of Assignee's costs of mining <br />or of transportation of coal. <br /> <br />Executed to be effective between the parties hereto and their respective successors <br />and assigns as of ~~~~°, 1977 <br />ATTEST: ~ --~ <br />~ /_ <br />,i: 1~Q'u,[~/ <br />Ruth David <br />Assistant Secretary <br />ATTEST: <br />INDUSTRIAL ASSETS, INC. - ASSIGNOR <br />~~ <br />Edward C. Rosar <br />Vice President <br />SHERIDAN ENTERPRISES, INC. - ASSIGNEE <br />Gerre.IW, ~ergn~ -~ ~ Walter Muel1 er, Jr. <br />Assistant Secretary President. <br />STATE OF COLORADO <br />County of Jefferson <br />ss, <br />The foregoing instrument was acknowledged before me this ~•-'yday of <br />December, 1977 by Edward C. Rosar, as Vice President and Ruth David as Assistant <br />Secretary of INDUSTRIAL ASSETS, INC., a Colorado corporation. <br />Witness my hand and official seal. <br />Notary Publ is <br />My Commission Expires: ~~~„ i~Li9~9 <br />~j T-'' <br />STATE OF COLORADO ) <br />_ ) ss. <br />Councy of Arapahoe) - _ . __ _ <br />The foregoing instrument was acknowledged before me this ~`~ day of <br />~ December,,1977 by LJalter Mueller, Jr., as President and Gene W. Anderson, as <br />Assistan'i"~~cretary of SHERIDAN ENTERPRISES, INC., a California corporation. <br />Witness•my hand and official seal. <br />> ~ -, <br />,~~~~x-mot. ._ ~ r._/ ~ ~,C <br />Notary Public <br />My Commission Expires: _ <br />!Zy Commission Expires Occ.16,1580 <br />-2- <br />