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<br />assigns of Owner, and upon the successors or assigns of Licensee. <br />SECTION TEN <br />Governine Law <br />It is agreed that this agreement shall be governed by, construed, and enforced <br />in accordance with the laws of the State of Colorado. <br />SECTION Ei.RVEN <br />Entire Agreement <br />This agreement shall constitute the entire agreement between the parties and <br />any prior understanding or representation of any Idnd preceding the date of this agreement <br />shall not be binding upon either party except to the extent incorporated in this agreement. <br />Nothing herein stated is intended to preclude Owner from negotiating a separate and/or <br />additional royalty and/or agreement for compensation acceptable to Owner and payable by <br />any third party who may take an assignment, either in whole or in part, of any of Licensee's <br />contractual rights to enter and use the property pursuant to the terms of this agreement. <br />SECTION TWELVE <br />No Waiver <br />The failure of either party to this agreement to insist upon the performance of <br />any of the terms and conditions of this agreErtent, or the waiver of any breach of any of the <br />tetms and conditions of [his agreement, shall no[ be construed as thereafter waiving any such <br /> <br />-~- <br />