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i <br />~~~ ,p <br />COAL LEASE AMENDMENT <br />(Surface) <br />THIS COAL LEASE AMENDMENT, made this ~~doy of ,(/rcero ~~/` , <br />19Bz, by and between PAPOULAS LAND COMPANY, a Colorado corporation of Craig, <br />Colorado (hereinafter called "Lessor"), and FREEMAN UNITED COAL MINING <br />COMPANY, Division of Material Service Corporation, a Delaware corporation with <br />principal offices at 300 West Washington Street, Chicago, Illlinois 60606 (hereinafter <br />Called "Lessee")~ <br />RECITALS <br />• <br />1. By o Cool Mining Lease dated December 14, 1962, John Papoulas, os Lessor, <br />leased the coal deposits in and mining rights to the property described below ("Property") <br />to William E. Roope, as Lessee. By an assignment dated December 18, 1962, William E. <br />Roope assigned all interest in said Lease to The United Electric Cool Companies. Lessee, <br />Freeman United Coal Mining Company, a division of Material Service Corporation, is the <br />successor ip title to the interests of the United Electric Coal Companies. Lessor, <br />Papoulas Land Company, is The successor in title to the surface estate of John Papoulas. <br />' 2. The parties hereto, as successors-i n-interest to the orf ginal parties, desire to <br />amend and extend the term of said Lease. <br />AGREEMENT <br />Reference is hereby made to o certain Coal Mining Lease, dated December 14, <br />_ 1962, between John Papoulas and William. E. Roope (hereinafter, "Lease"), pertaining to <br />the follow}ng property in Routt CounTy, Colorado: <br />Township 5 North, Range 88 West, 6th P.M, <br />Section 34: NEf. <br />Section 35: NWf~ <br />containing 320 acres, more or less (hereinafter, "Property"). In consideration of the <br />mutual covenants set forth herein, The Lessor and Lessee agree as follows: <br />I. Extension of Term. Lessor and Lessee expressly agree that the Lease is hereby <br />extended for o period of twenty (20) years from the dote of this Amendment (hereinafter, <br />"Primary Term") and, without further notice, if surface a underground mining operations <br />have been commenced but are not completed on the Property during the Primary Term or <br />if surface ar underground mining activities trove been commenced ba,t are not completed <br />on other lands within the Mining Unif, os defined in Paragraph 3 below (even if not com- <br />menced m the Property), the term of the Lease shall be extended aufomaticaHy for o <br /> <br />