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`• aggregate and property damage, or in lieu of both, $2,000,000.00 Combined Single Lirnit; and (3) Accident insurance covering each participant in an amount of $1,000,000.00 per person and aggregate. Prior to utilizing the Property herein, CLC shall furnish to OWNER (if requested by OWNER) a certificate of insurance showing that the requirements of this paragraph have been satisfied. 7. Information. CLC shall not be required to furnish OWNER any information obtained as a result of the operations conducted under this Agreement, which shall include but not be limited to, geological information, maps, records, reports, data, and analog charts. 8. Permits Bonds and Reclamation. CLC shall bear the responsibility and cost of obtaining all Federal, State, County and local permits and reclamation bonds necessary to conduct its operations under this Agreement. OWNER agrees to cooperate with CLC in securing such permits and reclamation bonds, and provide CLC in a timely manner upon CLC's request, those consents, acknowledgments and waivers required by present or future laws or regulations, including but not limited to having any parties holding liens on the Property execute the following "Lienholders Statement": "The undersigned, holder of a lien by virtue of a Deed of Trust recorded on in the public records of Routt County, Colorado in Book at Page ,covering the property described in Exhibit "A" attached hereto and incorporated Herein by reference("Property"), with said Property also to be included in one or more coal exploration reclamation bonds to be filed with the State of Colorado Department of Natural Resources and/or the United States Department of the Interior, Bureau of Land Management, does hereby consent to allow the State of Colorado and/or the United States access to said Property if necessary to perform la~vfutly required reclamation operations under said bond(s), irr the event Cottomvood Land Company, its agents, affiliates, subsidiaries, successors or assigns fail to perform such required reclamation operations subsequent to conducting activities on said Property undertaken for the purpose of permitting, exploring, examining, or assessing the presence, quantity, quality, location, nature, or extent of minerals on said Property." CLC shall be responsible for all reclamation necessary as a result of its operations under this Agreement and for other costs and liabilities including without limitation payments to landowners for surface damages, replacement of fencing, loss of livestock, loss of forage, and use of water supplies. CLC shall conduct all operations under this Agreement in substantial compliance with all federal, state, county and local laws and regulations. OWNER shall advise CLC of any special or unusual conditions required by any lease or odrer agreement applicable to the Property. 9. Operative Provisions of Agreement. 3