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<br /> <br />ROBERT REED REICHERT AND PEGGY ANN REICHERT <br />GRAVEL PROPERTY LEASE WITH RIGHT OF FIRST REFUSAL <br />THIS INDENTURE, dated this day of , 20_ (hereinafter referred to <br />as the "Lease"), by and between ROBERT REED REICHERT, SR., and PEGGY ANN REICHERT, <br />whose address is 6315 Chipper Lane, Loveland, CO 80537 (hereinafter referred to as "Lessors") and <br />WESTERN MOBILE NORTHERN, INC., a Colorado corporation (hereinafter referred to as the <br />"Company"), with its address at 1590 West 12'" Avenue, Denver, Colorado 80204, Attention: Land <br />Department. <br />WITNESSETH <br />In consideration of the sum of DOLLARS (~ paid by the <br />Company to or on behalf of Lessors (which includes paid for the Option to Lease Gravel <br />Property ("Option") under which this Lease is taken, any amount paid for extension of the Option <br />and amounts paid by the Company pursuant to Pazagraph 11.D. in order to allow Lessors to acquire <br />the oil and gas lease presently encumbering the Property), the receipt of which is hereby <br />acknowledged by Lessors, and on and subject to the terms and conditions provided in this Lease, <br />Lessors hereby lease, let and demise to the Company the Materials as defined herein, in, on and <br />under the real property situate in Larimer County and described in Exhibit A & B attached hereto and <br />made a part of this Lease (hereinafter referred to as the "Property"), and the exclusive right to <br />sample, drill, and test for, develop, mine, quarry, extract, remove, process, sell, and use them during <br />the Term of this Lease, along with the right to locate and use easements as defined herein. <br />1. Definitions. <br />A. Lease Year shall mean a period of one yeaz beginning on the date or the <br />anniversary date on which the Lease is executed by Lessors. . <br />B. Materials shall mean stone, sand and gravel and any overburden and valuable <br />solid minerals other than hydrocarbon minerals such as coal, oil, gas and associated liquid <br />hydrocazbons that are removed incident to sand and gravel operations hereunder and which are <br />saleable and recoverable from the Property in the course of such operations. <br />2. Term. The Term of this Lease shall commence on the day of , <br />2000 and end on the earlier of the day of , 2006; the date when all saleable <br />materials have been removed and sold from the Property; or this lease shall be temunated sooner <br />under any of the provisions contained herein. ("Term") <br />RECEIVED <br />MAR 3 0 2000 <br />