2007-05-29_REVISION - M1980055HR (2)

Home Browse Search

~(-~9go-assff~- RECF~~~FD Increase PENALTY RIDER AUG :'~ 1 2006 ®IVI®I®n of Reclamation, Minlna and Safety BOND AMOUNT 2$ 2.659.00 BOND NO. 166725 PREMIUM 1S 70.00 To be attached and form a part of Boud No. 166725 dated the 1st day of Mav, 1997, ezecuted by National Union Fire Insurance Comoanv otPittsbureh, PA as surety, on behalf of International Uranium (USA) CorooratioB as current principal of record, and iB favor of State of Colorado. Department of Natural Resources, as obligee, and iB the amount of'Irvenri Two Thousand Six Hundred Ei¢hri Nine Dollars and 00/100 (522,689.00). [n consideration of the agreed premium charged for this bond, it is understood and agreed that National Union Fire Insurance Comoanv of Pittsbureh, PA hereby consents that effective from the 21st day of Au ust, 2006, said bond shall be amended as follows: THE BOND PENALTY SHALL BE Increased: FROM: Twentv Two Thousand Six Hundred Eiehri Nine Dollars and 00/100 ($22,689.00) TO: Thirty Eieht Thousand Four Hundred Thirty Three Dollars and 00/100 ($38.433.001 The Increase of said bond penalty shall be effective as of the 21st day of Aueust, 2006, and does hereby agree that the continuity of protection under said bond subject to changes in penalty shall not be impaired hereby, provided that the aggregate liability of the above mentioned bond shall not exceed the amount of liability assumed by it at the time the act and/or acts of default were committed and in no event shall such liability be cumulative. Signed, sealed and dated this 21st day of Aueust, 2006. International Uranium (USA) Corporation PRRVCeAL BY: ~-~ National Union Fire Insurance Com an of Pittsbu h PA nya' ^ SURETY BY: ~ l)1/~ ~ iC/// ~ .--~ Lise T. Solove, ATTORNEY-IN-FACT THE ABOVE BOND IS REREBY AGREED TO AND ACCEPTED BY: S of Colorado De artment of Natural Resources /,y~~ OBLIGEE BY: /~/ TITLE