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-4- <br />~~ "~~~~ <br />rv. xECtTafs l~ °~\p <br />~. on \\ ° ~ Permit Nmober ~l - I ~- oH7 was geanted m <br />u-ma Cow~~~ (~;,~ope~au~)("Paffinx~,aasu~mw~eich <br />Perffittae bas been caoducmog a ~ operation in the ClIomty of ~6.. m cz. . State o^f Coleaado. <br />2. Peamidx wishes m assign the pert m ~l~LwlSOr~ BY„s °F.SonS ~..¢~.I®~ (aw <br />aperamac), as Saccesaor Operant ("Semceaeot") and Successor wishes m became Sncceavor Permittce under the <br />I~- <br />3. Successor uaderstanda that the recLumti~ pLm (the "Plan") requited by the ptrmit and by applicable <br />State laws sad reguLrtio~ hasnatbeen complead a~ is w~ m assume fallreapooaibr7ity fmrtlee oompletioa of <br />the Plea <br />v. <br />Permiltce and Suc«saorhereby agree, for their owvbeafit and for the benefit ofthe State, each agreemewls m be <br />effecuw ~ ~ upon flee approval by the Slate of the trans6er of the Pet®t from Perffittee m Successor, as <br />folLews <br />t. Sucaessahaeiavpectedthemmiogandrcelamaonoperatioasmitaeamesatiafactioamdistultyawaee <br />of the conditieoa thaeot Suxessa u e~ aa.~cpU all of the conditions of des Permit. <br />?. Sucoessoradllcompkaetherecianmtionplm,andhaebyaseimratiabiluyfacompktiogsudepLmasm <br />all areas heretofore disturbed, as well as m all areas hereatEa dishabed. Successor will perform all of the <br />obligation of the Permittee under the Permit which have ~t beremfare ben perto~ed by Pemriltee. <br />3. SuccessorhembyteMersmlheStateitsattachedPaFarrroace~dFinascialWam~',whichsrembe <br />aubedmtod far the Pafarmance a~ Fimacial Warranties haemfoae tr"kd by the Permittce, effective upon the <br />release ofthe Later Ws. <br />4. Saocxmar represmb m the State that, m the beat of ib lmwkdge, iafotma4on and beiieL it is ~t in <br />vioLtion of any oftbe provision ofthe CoLerado Mined Land reeLimafionAct with respect m any otter operation <br />conducted by it in the State of Colorado. <br />Permitke and Sacceaearberebyregoeat des State m comwtmthe aesignmmt ofihe Pemrit, m rewgniae Sac~sor <br />m Sucoeaeor Operator under the Permit, a~ m atrept the tendered sabautute Performance and Fimncial <br />Warrmtiea in plax of the Wamnties preseody oo file with the Stara. <br />T rrbrjonw bws bane b~alsJlbawllwwd Rsalawwabr dewiiJpw+mwwt Ace udlowa 3h3?--119, CIS, oftbe <br />bfiwerLuJBadandNw Ad aw13I-325-119, CIS, oftbsCola~ab Lad Re~Oatwabw Adjer tbsBaaKCatow nj <br />CowtxiwdFaw b6aartatr. Awy afi3orHow araro~Jlewafiw ojdiL fires rkMrrswh be wWbag awypsnwBbawed ow tlYe <br />obYr,alararol~ieljorw rot/arbjeddlrge~orroanasatd~ta~lersrwddrlfPaaaklajaroperogirgw9flYorrta <br />paraalf pwrarww! to sed(sws 31-3?-1?3, CJLS, ofdYe AtEad LaNRadwaaUsw Ad wwd 3I-32S-1?3, C$S, ojtbe <br />Colarirda LarlRaeliwrodaw AdforaMsli~aGtsw ejCaa~aerdsw MwaardNr. <br />