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<br />9601 er seq.) and the Resource Conservation and Recovery Act (42 U.S.C. ' 6901 et seq.), as any <br />of such laws, ordinances, rules and regulations have been or aze aznended from time to time. <br />D. The foregoing indemnifications shall all survive the termination of this Lease. <br />The indemnity provisions set forth in this Lease shall apply to amounts paid in settlement of a claim <br />by an indemnified parry only if such settlement is approved by the indemnifying party, which <br />approval shall not be unreasonably withheld. <br />10. Insurance. <br />A. The Company shall maintain at it sole expense and at all times statutory <br />Worker's Compensation and Occupational Disease Disability Insurance coverage as required under <br />the laws and regulations of the State of Colorado for all its officers and employees who perform <br />work for the Company hereunder. <br />B. The Company shall purchase, at its sole expense, and shall maintain. at all <br />times the following minimum insurance protection. <br />i. Comprehensive General Liability and Property Damage Insurance in the <br />amount of $1,000,000 combined single limit with Lessor listed as an additional insured; <br />ii. Employer's Liability Insurance in the amount of $100,000 each occurrence; <br />iii. Automobile Liability Insurance in the amount of $1,000,000 combined single <br />limit; and <br />iv. Adequate and reasonable insurance for other risks ordinarily insured against <br />in similaz operations. <br />C. The Company agrees that it shall require all independent contractors, <br />contractors and subcontractors who perform work in connection with the Property to have similaz <br />and adequate insurance in full force and effect. <br />D. Within 30 days following each anniversary date of the lease, the Company <br />shall furnish to Lessors a copy of Certificate of Insurance showing the above coverages. <br />11. Title. <br />A. Lessors warrant that Lessors own the surface estate and the Materials for the <br />Property, and Lessors agree to defend said title against adverse claims. <br />B. The Company has accepted Lessors' title as marketable, to the best of its <br />knowledge, at the exercise of this Lease. If subsequent thereto the Company determines that <br />Lessors' title to the Property and Materials is not good and mazketable, the Company shall so notify <br />Lessors in writing, in which case Lessors, at Lessors' cost, shall correct the specified title defects. <br />s RECEIVED <br />MAR 3 0 2000 <br />Division of Minerah 8 Geolocy <br />