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OCT 06 2004 16:49 FR SNELL & WILMER <br />303 634 2020 TO 93032901606 P.09i20 <br />x. <br />This Laaxr_ shall be determiue~ according to the leWS of the <br />State of c:oloradn and both parties a~iNr that any interpretat'iun <br />to this Lease shall be interpreted and coz,~rr,Tled by the laws of <br />the 5[at.r. ui Colorado. All ytrtica agree that they ,pecitically <br />agree that vruue for any litigation pursuant to this lea sr shall <br />be in the seate o~- Federal courts of Colorado. Both parties <br />xF,r_uitically waive the right to object to t),ls agreed venue. <br />XI. <br />Luri„y the term of thls least, or iri the event of nuy renewal <br />thereof, the T,essee aha11 have C.he exclusive rust riyt,t of <br />refusal to purchase the property defined ru,d described on Exhibit. <br />^A" should Che Lessuc andlor the Lessor's successors elect to <br />sell ll,is property for any mason under such termF and conditions <br />that the T,essos and/or the Lessor's auCcessors utter this <br />property for sate to anyone. She 7,es5ee ,shall retain the first <br />right or refusal Fn purchase this proPPily under the terms <br />stated herein for the r~,t.ire term or any such ,r'anewal .of this <br />I~F.xse or any other Snbsrr;uEnt Lease between the I~r:ssee and the <br />Le6S0'r' Ot the LBEEOr'S CUCCP.RKULS OY aaelgnC. LBSSee shall hdVC <br />sixty I60) c3nys to excrciea this first right of refusal Poi the <br />date that the Lessor gives written ur,tice t0 the Lessee to <br />'3 <br />.~.~'~ <br />10/06/2004 WED 16:45 [tX/RX NQ 7090] ~ 009 <br />