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The Company agrees to provide liability insurance and shall be responsible for all of iu <br />operations related to mining of the property. The Owner (s) will be held harmless for acu of the <br />Company and its emplo}•ees or subcontractors related to operations on the property. <br />Payment for materials removed from the property will be made to the Owner (s) within ten (10) <br />da}•s after payment is received by the Company. <br />The terms hereof shall be binding upon and insure to the benefit of the heirs, <br />executors, administrators and assigns of the respective parties hereto. <br />The Owner (s) hereby warrant that they have good title to the above described <br />premises, that they have lawful right to grant this option, and that they agree to hold <br />the Company harmless from any and all claims from others asserting any interest in the subject <br />land. <br />SPECIAL CONDITIONS: <br />The Company shall abide with all provisions of the ML12D pit permit issued for the property. <br />COMPANY <br />Date• 5~5'~"~ <br />SEIFERT CONSTRIICTION <br />198 RANGE VIEW LOOP <br />WESTCLD.'FE, CO 81252 <br />OWNER (s) <br />By: <br />Date: S'S'A t-( <br />JERALD A. SEIFERT <br />MARY SEIFERT <br />60160 HWY. 69 <br />WESTCLD'FE, CO 81252 <br />