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-4- <br />If this Financial Warranty applies to lands under tbe jurisdiction of the State Board of Land Commissioners <br />("Land Hoard"), and if this Fina~ial Warranty, in whole or in part, is accepted by the Land Board as the bond required <br />under its applicable law and procedures, then, the Operator having requested thatthe state aceeptthis Financial Warranty <br />in lieu of the separate bonds which would otherwise be required by the Colorado Mined Lam Reclamation Board or <br />Division of Minerals and Geology and by the Land Board, hereby agrees that, notwithstanding a~ other provision <br />hereof, err of law, this Financial Warranty shall remain in fiill force and effect until the Board is notifiedm writing by the <br />Laad Board that the Operator's obligations to the Land Board, for which this warranty is executed, have been satisfied <br />and until its release is approved by the Board <br />if all or any part of the Affected Lands are under the jurisdiction of the Bureau of Land Management, United <br />States Department ofthe hnerior, ("tire BLM") and if at the request of the Operator on this Financial Warrantythe BLM <br />has, pursuant to 43 C.F.R 3809.1-9, aceepted this Financial Warranty in lieu of requiring a separate reclamation bond <br />Payable to the United States, then, ~twithstanding arty other provision of this Financial Warranty, or of law, the <br />Operator hereby agrxs that this Financial Warranty shall not be released until the Board is advised in writing by the <br />BLM that the Operator's obligations to the BLM, for which this warranty is executed, have beau satisfied and rmtil its <br />release is approved by the Board. <br />This Financial Warrantymay 6e executed in multiple copies, each of which shall be treated as an original, but <br />together they constitute a~nly one agreement, the validity and interpretafion of which shall be governed by the laws ofthe <br />State of Colorado. <br />The provisions hereof shall bind and inrue to the benefit of the patties hereto and their succesaors and assigns. <br />Sigtted and datedthis ~J`~ day of -~~~-• <br />UNAW6GP VLNrURtS LL C- ($EAL) <br />~~ <br />By: <br />A <br />f} t , <br />Tit]e <br />