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80CK
<br />• • 49~ P~~~ 289
<br />Sodium Lease C-0118328 Pane
<br />of the least ore the rate of 25 ants for the firn dendar year or fraction
<br />"ereof, SO ants for the second, third. fount, and filth dendar yeas
<br />;peuivcly, and S 1 far the sixth and each wrttding dertdar year.
<br />(b) RENTAL CREDITS - Tlu n;nta! for any year will be aedittd
<br />agairtu the Cost royalties as they static tints Ne lease during the yrat
<br />far which rental was paid,
<br />See. 2. (a) PRODUCTION ROYALTIES -Lessor: shall pay lessor a
<br />production royalty of S peteau o[ the gross value of the output of the
<br />leased deposits ac the point o(shipmmt to mazket Such production
<br />royalty is due the last day of the month nut following the month in
<br />which the rnitterals ors sold or removed from the leaud lands
<br />tb) MINIMUM ANNUAL PRODUCTION AND MINIMUM ROY
<br />ALTY - Begimrirtg with the sixth lease year.
<br />(1) Lessee shall produce on an annual basis a minimum amount of
<br />1.000 tons of sodium or related praducu through the earth lean year.
<br />2,000 tons the eleventh through fdteenth lease years, ant 3.000 tons
<br />thrsdtu far the remainder of the irutia120-year lease um[t: a
<br />(2) At the request of the t~ made prig ro initiation of the lease
<br />year, the authorized officer may allow N writing the payment of a
<br />53.00 per acre or fraction thereof minimum royalty in liw of pcoduc-
<br />timfor any particular lease year. Minimum royalty payments shall be
<br />'asdirrd a production royalties for thaz year only.
<br />any duly authorized officer of lessor, ate leased premiss and a
<br />surface and underground improvements, wruks,machinery, omsiod
<br />piles. equipment, and aL books, aceounu, maps, and records tetati+
<br />to trpaations. surveys, or investigations on or under Ne leased land
<br />lessee eider shall submit or shall provide lessor access t0. s
<br />Copying of, documents reasonably necessary to verify lessee t~
<br />orrice with tams and conditions of the lease.
<br />While this lease temaitts in effort, information obtained Corder th
<br />section shall be closed m inspection by the public in aaordazue si
<br />the Freedom of Information Ac[ (5 U.S.C. 552).
<br />Sec 6. WAT17t RIGHT'S -All water rights developed by thelesa
<br />duough operations on the lease lands shall immediately tKeoas u
<br />property of the lessor. Lessee shall have Ne righ[ to use those nor
<br />rights frame of charge for operraons under Chu lessor
<br />Sec. 7. CONDUCT OF OPERATIONS - (a) Lessee shall exae
<br />reasonable diligence, skill. and ~ in the operr[ion of the proper.
<br />and shall carry on all operrtions, having due regard for the pn;veau
<br />c t in jury m life. herd th, orproperty, and provention of was to of data
<br />a degradation to any land, water. or minas! tesotuces
<br />(1) Lessee shall not eondtu[ exploration or operations, otham
<br />taws! use, poor to approval of plans o[ explootion or operations.
<br />lessor and the teceip[ of necessary permits.
<br />(3) The authorized officer shall not accept payment of minimum
<br />royalty for more [hart a rota! of 10 years dtaing the initial lease term.
<br />Sea 3. SUSPENSION - Lessee shall notify the authorized officer
<br />when operations a:z intetropted by saikes. the elaaents, or rasualtics
<br />not atnibutable to the lessor. L'~pan application of lessec, lessor may
<br />approve suspension of operations under the lease when marketing
<br />caoditions are stub that the lease cannot be operrred ezcep[ az a loss.
<br />In the interest of conservation of natural resources, the lessor may
<br />waive. suspend. or reduce rrsttat, or minimum royalty, or reduce
<br />royalty, and may direct or asses[ to the suspertsion of operations and
<br />production under dtis lease N accordance with section 39 of the
<br />Mineral Leasing Act, 30 US.C. 209.
<br />Sea 4. BONDS -Lesser shall maintain in the peeper o[Gee an initial
<br />Inse bond in the amount of 53,000, or is Gw thereof, an acceptable
<br />statewide err nationwide hood. The authorized oSras may adjust the
<br />bond amount as determined appropriate for ope:atioas undo this
<br />leases Lessor shall requtie a lease broil sufLdert[ a satisfy rental and
<br />royalty payments as will az lessee's perftuatana bond undo 43 CFR
<br />23 for optrati otu and ralaroation requirementt in the evem that lessee
<br />[ails to fully comply with lease tams, txtoditi~s, sad stipttlationt
<br />Sea S. DOCUMENT'S, EVIDENCE AND INSPECTION - At such
<br />!roes and in such fo[m u lessor may ptesaibe, lessee shat banish
<br />tiled statemenu showing the amounts and quality of all produce
<br />removed and sold from the lease, the proceeds therefrom. and the
<br />amour[ used for production proposes or unavoidably lost:
<br />Lruee still keep open at all reasarrabk ~ ~•• for are inspection of
<br />(2) Lessee shall carry on all operations in aerardana withappt0~
<br />methods and praaias, and as provided is the operating regtdaoe
<br />and in the approved mirdng plan. in a manner that minimizes ad.a
<br />impacts m the land, air, watts, eulturaL biologieaL visua4 aadd
<br />reootces, inUuding mineral deposits and formations of ms
<br />deposits no[ leased haeundtr, and to other land toes or ttsrss La
<br />shall take measures deemed nrxessary by lessor to acwmpltta ,
<br />intent of this lease terra. Such measttta may include, bu[ ate:
<br />limitW m, modification ro proposed siting or design of fati~
<br />timing of operations, and spetiCrcation of tnttsim and Caul ruts
<br />lion procedures.
<br />(3) Lessor reserves to itself the right to lease, sell, err others
<br />dispose of the stufaa or othc mineral deposits in the lands ad .
<br />right to continue existing uses and to attthoru fugue uses opraa
<br />the leased lands, including issuing leases for mineral dt:pnsia
<br />coveted heretmdrr and appttrving of easrmmts err righa~ai-s
<br />Lessor expressly reserves ate tight to issue oil shale leases foraC
<br />arty part of the !sods subjee[ to this base. including the SalineZo
<br />Lessor also reserves the nigh[ ro issue sodium lasses for all oraun
<br />of the lands subjeer to this lease. exUudia g the Saline Zones givi~ e
<br />regard to the rights of lessee m the deposiu Insed htseat. Lessors}
<br />eaodition such uses w proven[ [ameassary or uersasonable intet
<br />ertce with aghu of lessee az may be consistent with concepts
<br />multiple use and multiple mineral development.
<br />(b) Ezplorarion, Devebpmeu, and Prodrectiarr aJ leased Depa
<br />and Other Operations in Oil Shale or Other Lcasablc Dcposr
<br />Lessee shall not conduct r~cplorationror.mitung operations ttm
<br />~3~
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