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9 . Time of the Essence . <br /> Time shall be of the essence of this Option Agreement . <br /> 10 . The rights and duties in the Option Agreement and any <br /> Contract are binding and for the benefit of the parties , their <br /> assigns, successors, and legal and personal representatives . <br /> SELLER: <br /> October 16 , 1998 � fn Q- )n vl <br /> Date of Sellers signature Esther J. WdYtzel, a a. <br /> Esther Weitzel <br /> BUYER: <br /> Connell Resources, Inc. , a <br /> Colorado corp ation <br /> October 16 , 1998 By: <br /> Date of Buyer ' s signature Richard Connell , President <br /> 3 <br />