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The Company agrees to provide, liability insurance and shall be responsible of its <br />operations related to mining of the property. The Owner(s) will beheld harmless for acts <br />of the Company and its employees or subcontractors related to operations on the <br />property. <br />Payment for materials from the property will be made to the Owner(s) within ten (10) <br />days after payment is received by the Company. <br />The terms hereof shall be binding upon and insure to the benefit of the heirs, executors, <br />administrators and assigns ofthe respective parties hereto. <br />The Uwner(s) hereby warrant that they have good title to the above described premises, <br />that they have lawful right to grant this option, and that they agree to hold the Company <br />harmless from any and all claims from others asserting any iaterest in the subject land <br />SPECIAL CONDITIONS: <br />The Company shall abide with all provisions of the MLRD pit permit issued for the <br />property. <br />C~OMPAPII' <br />By: ~~e~~ne ~d~ ~' vel LlC <br />Date: T 7 0 <br />LEONE SAND AND GRAVEL, LLC FRANKL LEONE JR. <br />SOPHI): LEONE <br />Date: y/ 7/D~ <br />