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-d. <br />1V. REC(TA1,$ <br />On ¢, 6 vtG.t y ~ .~ ~ Permit ;\`umber _ 7 / ~ ~ ~'.3 was granted to <br />Venl~ 7r1G _..__..-_.(existingopemtor)("Permittee"),pursurn[Wwfiich <br />Permitter has been conducting a mining operation in the Caunty of ~fO.JL f S ,State of Colorado. <br />F'ef~ Q'r/L f t Q wncL. C4ff~t ~i~'~ CC <br />2. Perrnittee wishes to assign the perrteif a, Ka (new <br />operator), as Successor Operator ("Successor") and Successor wishes [o become Successor Pertninee u er the <br />permit. <br />., Sttcee:ssor understands that the reclamation plan (the "Plan") required by the permit and by applicable <br />State laws and regulations has not bem completed and is willing to assume full responsibility fm the completion of <br />the Plan. <br />V. ACREENEN'1'5 <br />Permittee and Successor hereby agree, for their own benefit and for the benefit ofthe State, such agreements to be <br />effective ipso cto upon the approval by the State of the transfer of the Pemtit from Pemvttee to Successor, as <br />follows: <br />1. Successor has inspected the mining andreclarnationopcrations to its entire satisfaction and is fully aware <br />of the coMitiorts thereof Successor understands and aexepts all of the conditions of the Petnut. <br />2. Successor will complete the reclarnationplan,a»d hereby assumes liability forrstmphaittg such pianasW <br />all areas here[otbre disturbed as well as to alt areas hereafter disurbed. Successor will perform all of the <br />abligaliurts of the Perminee undtr the Pemtit which have rtut heretofore been perforrtred by Permime. <br />3. Successor hereby [enders to the State its attached Perforrrunce aml Financial W ermntiesC wfiich are to be <br />substituted Sor the Pertonnnn« and Firnncial Warranties heretofom fded by the Pemiltree, efiective upon the <br />release of the latter W atranties. <br />d. Successor represents to the State that, to the best of its knowledge, information xnd belief, it is not in <br />violation ofany o1'the pawisiam of the Colorado Mined Land reclamation Act with respect to any other opemton <br />ctmducted 6y it in the State of Colorado. <br />Permittee and Successor hereby request the State m consent to the assignmentoCthe Perntit, to eecognize Successor <br />as Sta:ceswr Operamr utteler the Permit, and W accept the tendered substitute Pcrfortttance and Financial <br />Warranties N place of the R'arranties prestrotly on file with the State_ <br />