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(~ ` ~-, <br />r <br />_ making a Partial Asslg nment of a small parcel of its Lease No. C-29224 to <br />• Asaig nee, such Partlal Assignment representing the northwest corner only <br />of Sectlon 11 compria ing app cox imate ly 45 ac rea more or less as described <br />below. <br />P. while Ass lg nee can shorten lie pit and mine around the <br />comer of Sect 1•,n .1, Ass lg:ice desires not Co ha•;e the surface recoverable <br />coal "wasted", end Assignor and Assignee are wll ll ng to cooperate so that <br />the coal owned by the Federal Government and presently leased by Interior <br />to Assignor can be recovered by Ase Lg nee by mining thcough the corner of <br />Section 11 provided Interior approves the Partial Assignment Erom Ass lgnor ~' <br />to Aes ig nee and provided Interior thereafter issues a new lease to Assignee <br />covering the northwest cornec only of Sectlon 11 with a royalty rate o[ <br />Five pee cent (S4) as [he applicable federal production royalty Eor se Ld new <br />lease to Assignee. <br />Now, therefore, Asslg nor, 1n cons! deratfon of $10.00 and other <br />valuable consideration to be paid by Ass Sg nee [o Assignor upon approval Dy , <br />Inter for of this Partlal Assignment f[om Assignor to Ass iq nee, and the <br />issuance by Interior [o Assignee of a new Federal Coal Lease covering the <br />• following described lands presently included in Ass ig noes Lease No. <br />C-2922d, with a production royalty rate of five percent (9 P) Eor Assignee's <br />lease, does hereby ASSIGN and THAN SFER to A551g ne e, and to Its 6uCCesaOre <br />and assigns, forever, all Ase ig nor'e right, title and interest 1n and to <br />the Followf ng described lands located Sn Moffat County, Colorado: <br />Township 3 North, Range 93 west, 6th P.M. <br />Sectlon 11: N1/2NW1/4NW1/4 <br />SW1/4NW1/4NW1/4 <br />N1/2NW1/45E 1/4NW1/4NW1/9 <br />SW1/4NW1/45E1/4NW1/4NW1/4 <br />NW1/4NW1/4NE1/4NW1/4 <br />lil/2NE1/4NW1/4NE1/4NW1/4 <br />N1/25W1/4NW1/4NE1/4NW1/4 <br />W1/2Nw1/dSWl/4NW1/4 <br />W1/2NE1/4NW1/4SW1/4NW1/4 <br />-2- <br />