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<br />UNITED STATES <br />DEPARTMENT OF THE INTERIOR <br />BUREAU OF LAND MANAGEMENT <br />Serial No.: C-8425 <br />Date of Lease: June 1, 1982 <br />MODIFIED COAL LEASE <br />PART I. <br />THIS MODIFIED COAL LEASE is entered into on ~ - ~ ~ by and between [he UNITED STATES OF <br />AMERICA, hereinafter called the Lessor, through the Bureau of Land Management, and <br />$lue Mountain Energy, Inc. <br />10714 So. Jordan Gateway,#300 <br />South Jordan, Utah 84095 <br />hereinafter called Lessee <br />This modified lease shall retain the effective date June 1, 1982, of the original COAL LEASE C-8425, and is effective for a period of <br />20 years therefrom, and for so long thereafter as coal is produced in commercial quantities from the leased lands, subject to <br />readjustment of lease terms at the end of the ZOth lease year (June I, 2002}, and each 10-year period thereafter. <br />Sec. 1. This lease is issued pursuant and subject [o the terms and provisions of the Mineral Lands Leasing Act of 1920, as amended, <br />41 Stat. 437, 30 U.S.C. 181-287, hereinafter referred to as the Act; and to the regulations and formal orders of the Secretary of [he Interior <br />which are now or hereafter in force, when not inconsistent with the express and specific provisions herein. <br />Sec. 2. Lessee as the holder of Coal Lease C-8425, issued effective June 1, 1982, was granted [he exclusive right and privilege to drill <br />for, mine, extract, remove or otherwise process and dispose of [he coal deposits in, upon, or under the ]ands described below as <br />Tract 1. <br />The Lessor in consideration of fair market value, rents and royalties to be paid, and the conditions and covenants to be observed as <br />herein set forth, hereby grants and leases to lessee the exclusive right and privilege to drill for, mine, extract, remove, or otherwise <br />process and dispose of the coal deposits in the B and D seams in the lands described below as Tract 2, <br />Original Lease <br />Tract 1: T. 3 N., R. 101 W., 6s' P.M. <br />sec. 28> S'/zSW'/a; <br />sec. 33, N''/zNYz, S'/zNE'/a, SE'/aNW'/<, NE'/<SW'/a, and N'/zSE'/a; r~ ,-1 <br /> <br />sec. 34,N'hSv~t/a. ~ <br />.~. ;. <br /> - -~ <br />~ <br />560 acres, Rio Blanco County, Colorado. -- ` <br />-{ ~ ' <br />,~ <br />~ <br />Modification _ <br />~~ . <br />~ ~ <br /> (~; <br />Tract 2: T. 3. N., R. 101 W., 6th P.M. <br />_. <br />'-~ <br />sec. 28, N''/zSWYa, and S'hSE'/<. _ ~ ; <br /> ~ ail <br />160.00 acres, Rio Blanco County. Colorado <br />Containing 720.00 acres, more or less, together with the right [o construct such works, buildings, plants, structures, equipment and <br />appliances and the right to use such on-lease rights-of-way which may be necessary and convenient in [he exercise of the rights and <br />privileges grained, subject to the conditions herein provided. <br />