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._ _ • . 4. Date of Possession: Second Party shall have the right of possession of said premises for such mining excavation purposes as more fully set forth herein as of the first day of February, 1983. It is further understood and agreed that Second Party shall have a reasonable I period of time upon the termination date of this contract to retain posses- sion for the purposes of removal of any stockpiled material, stockpiled prior to February 1, 1988. I 5. Second Party agrees to hold First Parties harmless from any i and all claims of persons due to damages or injuries sustained to persons or real property due to the mining operations of Second Party. 6. Second Party agrees to reclaim all lands mined within one (1) year from the date of termination of this agreement in such manner ` as is in accord with the Mining Land Reclamation Act of the State of i Colorado as is in effect on the date of this contract. 7. Second Party shall maintain all fences as legal fences and shall have the right to place gates or means of closing said fences at any point it may so choose. 8. It is understood and agreed that this contract is conditioned upon there being in place an adequate supply of gravel suitable for County road use to supply the minimum requirements set forth in this contract. Should an inadequate supply of gravel be found to be the condition, Second Party shall pay for all gravel removed but shall have no continuing obli- gation. 9. It is understood and agreed that First Parties shall guarantee right of ingress and egress upon currently constructed roads for use of Second Party's gravel operations. This agreement is retroactive to [he first day of February, 1983. THIS AGREEMENT shall be binding upon the parties hereto, their heirs, executors, representatives, administrators and assigns. IN WITNESS WHEREOF, the parties have hereto set their hands and seals this 2nd day of March, 1983. -2-