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4- <br />N• ~'dL~ <br />t. On AttErust 27 1993 Permit Number M-~1-146 was g~t~ ~ ZMK <br />Mine C.nn~t+ai(jitinn_ Tnr._ (CXL4lmg OperatOf) (•Pen/1>dee•), p1II'anant to which Pamittee hag beat <br />cmducting a mining operation m the Camty of Onray -State o#'Cotorado. <br />~QerM~ <br />2. Pemtittee wishes to assignthe permit to Sako Excavation I.IC ~, ~~.) as <br />Surxxssor Operator ("Suaceasct') and Sticxssor wishp tiD become S»ccessm Petmittoe under the permit <br />3. Succa~or tatdet~mtds that the reclematiart plan (the 'Plan? trquited by ~ Permit and bq applicable State laws and <br />regulatiams lraa mt been oo~leted and is willing to assume full respaosibility for the ~ of the Plm. <br />V. <br />Permittce and Suoassorhereby agree, far theirown b®e6t andfw9x beneSt ofthe State, such agtmnmts m be effxaveiG~~ <br />upon the eppmvsi by the State of the tramfa of flx Permit from Permittee to Su~or, as follows: <br />1. Suxc~lasitupxtcdthemimogaffiterdamatioaoperatiaostoitseutitese6~actionandisfullyawareoftheoonditicns <br />thaco£ Sumeasor u and aooepts all of the conditions of the Petnmt <br />2. SuoxssorwilloampldetheroclamationPle4endherebyssstmtesLabt7ityfaroc~pletmgs~rhpl®estodlate~huetadwe <br />dianabod,aswellestoallatarnheaeaftadu0.urbed. S»coesvorwt~lpcfotmalLoftheoblige~onsofthcPamitteeundertltePetmit <br />which have nar heretofore been performed by Permittee. <br />3. Sttceessm~htaebyterdastotheStateitsattachedPerformancee~FinmcielWa,whickatembesubsfipneditxthe <br />Perbormeax and F~sl Wamnties heretofore Sled by the Permimae, elfecYive upon the reletme of the latter Waaantiea <br />4. Strtaasa~rreptesmtstothe~ethat,tothebdtofitslaowkd®e.informetio®andbelitt:itis~invioleiionof~gofthe <br />provisions afthe Colaradn Ivfinod Lend rxlemedonAct with reapectto a~ othex operation by itin the State of Colorado. <br />Petmittoe and Successor hereby request the State m consort to the asvigament of the Permit, to recognize Successor as Sttcoessor <br />Opcatar adder the Permit, and to accept the teodaa! substiuue Performance and Financial Wad m place of the Warrmties <br />pttamdy ofl Sk with the State, <br />1 <br />