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~uuti~un/14/Inu lu:lc em rKUI•ll ~Yal>;ms PAX No,'I19 5 , <br />_4. <br />IV. 1?Ff_'XTAI' S <br />1. On Il. i(~~5~ ~ i Z, ~C~ i ~ Petadt Number ~11 I9Q ~ (] f Y, was granted to <br />~(;,1~ (,Lp,(~n~t~4-1~#aC'~L_ (cxistingoperator)('Rerwinee"),pursuanttnwhich <br />Pemtittee bas been conduetiug a tnbtittg operation io the Counly of I A l~ ~(1 n (1>State of Colorado. <br />2. Permitter wishes to assign dte permit to ~ (1 (1 a~ Tt ~ l a ~l k7 ~ : i ~l~(cew <br />opemtor~ ee Successor Operator ("Successor") and Successor wishes to become Successor P iiiec wader the <br />petit. <br />3. Stuceasor understands that the rcclaatatitm plan (dte "Plea") tequhed by the pemd[ and by applicable <br />State laws andmgtdations has not barn completed and is wiLLiug to assume frill responsibrlity for the completion of <br />the Plan. <br />V. AGREEMEI4TS <br />Perttdtlee and Successor hereby agree, for their ownbeoe5tatd for the benefit of me State, aue6 agreements to be <br />effective ~ X03 upon the approval by the State of the transfer of the Permit from Permittee to Successor, as <br />follows: <br />1. Successorbas inspected the mining and reclem'+Honopgationp to im cadre satlsPacdonand is flrlly aware <br />of the conditions tlteteof. Successor understands and accepts aU of Ibe conditions oflhc PetmiL <br />_.. .. ... _., _...,_.w .... ..... ... ........_.... ....._ ._....., ............,........_... _.. __, _ <br />2. Successorwillcott~leterhereclyvationplagandberebyassunmaliabiliryforcompletingsuchplanasto <br />all areas heretofore disturbed, as well as to al! areas hereafter disturbed. Successor will perform all of tire <br />obligations of the Peordttee under the Permit wtdch have not heretofore been performed by Permittee. <br />3. Successorbereby tenders mfhe SfateiD attached performance and Pinaacinl Watrarides', which atcrobe <br />aubadtuted for dre Pedorrnanee and Financial Warranties heretofore filed by the Permittee, c[feclive upon rite <br />release of the latter Wattantics. <br />4. Successor represents ro dte State that, to the best of its knowledge, information and belief, it is not In <br />violation ofany Of theprovlsions ofthc Colorado Mined Land rxbwmtion qra with respect w any other operation <br />conducted by it iar dte State of Colorado. <br />Pe»nitaee and Successor hereby request the State ro conswt m the ass'tgamrnt ofrhe Permit, to recognize Successor <br />as Successor Opeearac under tlu Permit, and ro accept the tendered substitute Performance and Financial <br />Wanaaties in place of dre Warraritiea presently on file with the State. <br />