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for any assessments, real estate taxes or personal property taxes due or claimed by such Treasurer relating to the Property. Conditions Precedent to Conveyance 13. Compliance with Permits. Aggregate covenants that it will comply with the terms of the Permits, as amended, during the term of this Agreement. 14. Mining Activities. The parties agree to the following requirements and specifications, which are likely to be undertaken during the course of Aggregate's mining activities: General Requirements and Specifications. Upon or before the execution of this Agreement, Aggregate shall provide to Thornton a copy of all surveys, construction plans, SEO approvals, permits or correspondence relating to the Property. In addition, Aggregate shall continue to provide copies of such approvals, correspondence, amendments, revisions, appeals, changes, or any other material relating to the surveys, construction plans, the Mining Plan, SEO approvals, or Permits until the Closing. ii. Aggregate shall mine the Property so that the bottom of the Reservoir is graded so that water drains to the eastern edge of the Reservoir and that the lowest point of the Reservoir is located along the South Platte River within two hundred (200) feet of the toe of the interior side slopes at the northeast comer of the Reservoir. iii. If the Property is mined as separate cells the resulting Reservoir shall be interconnected at Aggregate's expense so that the cells shall function as a single Reservoir. iv. Thornton shall have the option, at its expense, of having surveys of the Property conducted by its agents, representatives and contractors. v. The parties shall provide each other with copies of whatever surveys are obtained without charge. vi. Aggregate shall give Thornton notification of the completion of the Reservoir at least one year prior to the expected date of completion. Hammer Option & Purchase Agreement December 11, 2000 Page 6 of 29