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<br />13. Taxes. During the term of this Lease, the Company shall pay when due all general, <br />ad valorem property taxes assessed on the production, severance or extraction of Materials from the <br />Property. In addition, the Company shall pay all personal and real property taxes assessed against <br />machinery, tools, equipment, supplies, buildings, improvements, pipelines, stockpiles of Materials, <br />and other property and/or fixtures placed by Company on the Property. Lessors shall pay all other <br />real property taxes on the Property and on any improvements thereron, including without limitation, <br />improvements that Lessors install on the Property for Lessors' own purposes. <br />14. Labor and Materials. The Company shall defend, indemnify and hold harmless <br />Lessors from and against any and all claims, chazges, demands, causes of action, damages and <br />liability, including reasonable attorneys fees and expert fees, that arise from or aze connected to the <br />acts or omissions of the Company hereunder or to those of its contractors, subcontractors, <br />employees, officers, agents or lessees in regazd to providing labor and acquiring or installing <br />materials, equipment and supplies for operations under this Lease. The Company further agrees to <br />keep the Property free and cleaz of liens, chazges, claims or demands arising from the Company's <br />operations hereunder and to promptly pay for all labor performed on the Property and for all <br />supplies, materials, and equipment used or placed on the Property. The Company may contest in <br />good faith any lien; provided that, the Company shall not allow title to the Property or any portion <br />of it to be lost. <br />15. Termination. <br />A. Lessors shall have the right at Lessors' option to terminate this Lease if the <br />Company fails to perform any of its obligations hereunder as follows: <br />i. If the Company fails to pay when due any amounts to be paid hereunder, <br />Lessors may at their option give the Company written notice of such failure and the <br />Company shall have fifteen (15) days from the date it receives notice to pay the amounts <br />owed to Lessors. If the Company fails to pay the past due amounts to Lessors within the <br />fifteen (15) day period, Lessors may at their option declaze the Company in default and <br />terminate this Lease. <br />ii. If the Company defaults in the performance of any obligation hereunder other <br />than the obligation to pay money when due, Lessors may at their option give written notice <br />of such default to the Company, and the Company shall have thirty (30) days from the date <br />it receives such notice to cure the default. If the Company fails to cure the default within the <br />thirty day period, Lessors may at their option terminate this Lease; provided, however, that <br />if the default is minor and the default can be fully compensated for in damages, then such <br />default shall not be a basis for cancellation or forfeiture of this Lease or any of Company's <br />rights hereunder if the Company pays the full amount of damages within thirty (30) days <br />after demand by Lessors. If, through no fault of the Company, such failure is impracticable <br />to correct within the 30-day period, Lessors shall have no right to terminate this Lease if the <br />Company commences in good faith to correct the failure and provided that the Company <br />diligently pursues and completes the correction within a reasonable time. <br />RECEIVED <br />MAR 3 0 2000 <br />Diws~on of Minerah 8 ~eolocy <br />