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Township 4 North, Range 86 West of the 6th Principal Meridian: <br />E1/2 NE1/4, SE1/4 Sec. 12, Sl/2, NE1/4, E1/2 NW1/4, SW1/4 NWl/4 <br />Sec. 13, SEl/4 Sl/2 NEl/4 Sec. 14, NE1/4 Sec. 23, Nl/2, E1/2 <br />SWl/4, NWl/4 SW1/4, Nl/2 SEl/4, Wl/2 SEl/4 Sec. 24, NEl/4, Nl/2 <br />SE1/4 Sec. 25 <br />Township 4 North, Range 85 West of the 6th Principal Meridian: <br />N1/2, SWl/4, W/12 SEl/4 Sec. 7, NW1/4 NWl/4 Sec. 8, W1/2 Wl/2 <br />Sec. 17, Sec. 18, Nl/2, SWl/4 Sec. 19, NWl/4 Sec. 30. <br />B. The term of this permit will expire on November 16, 1996. <br />C. This permit is issued subject to the following conditions and <br />agreements: <br />1. Operator agrees to be bound by all lawful requirements of the <br />Colorado Surface Coal Mining Reclamation Act (C.R.S. 34-33-101 et se .) ("the <br />Act"), all lawful rules and regulations thereunder, as amended from time to <br />time, and all provisions of this permit. <br />2. If analyses of the mining and reclamation operation and the <br />data collected through monitoring and experimentation by the operator or <br />monitoring by the Division indicate in the judgment of the Division that the <br />operation will not be able to comply with the requirements of the Act and <br />lawful rules and regulations thereunder, operator hereby agrees to exercise <br />its best efforts, after consulting with the Division, to modify the plans <br />prospectively to correct such deficiencies. Such modifications may require <br />technical revisions or amendments to the permit. <br />3. This permit may be revoked or suspended for non-compliance <br />with the Act or lawful rules or regulations promulgated by the Board. <br />4. a. Operator hereby bargains, sells and conveys unto the <br />State of Colorado the right to enter upon the lands above described and to <br />accomplish thereon the reclamation of such lands as required by this permit <br />and by applicable law. <br />b. Such right to enter shall be exercisable only if the <br />Board or the Division shall have lawfully determined: <br />i. that reclamation required by law to have been <br />performed upon such lands has not been performed, and that <br />ii. the bond or surety forfeiture proceedings described <br />in the Act or similar provisions of subsequent laws, if any, have been <br />initiated. <br />c. Such right to enter shall be exercisable only within the <br />period of time expiring twenty-one (21) years after the death of all the <br />individuals whose names appear on this permit on the date of its issuance. <br />Such right shall automatically expire when reclamation has been completed and <br />sureties released. <br />-4- <br />