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1 <br />t <br /> coarse ore bins. which bins have an agreed capacity of approximately <br /> one hundred (100) tons. times Fifteen Dollars (S15.00). MI 47DA shall <br /> immediately pay any deficiency brought to its attention as invoiced by <br /> COM. INC. to MI VIDA <br /> (3) With MI VIDA's employee present, the reading on the <br />t belt scale shall be logged into the Mill records at the commencement <br /> of each run of MI VIDA's ore. It shall be the responsibility of MI VIDA <br /> to have its employee present at scheduled commencement. The belt <br />' scale shall be read and properly logged at least hourly during the <br /> milling process to aid the parties in determining the progress of <br />' milling. The belt scale meter shall be locked in such a manner that it <br /> is capable of being read, but secure from damage or tampering. <br />' (4) As to any run of MI VIDA ore through the Mill. MI <br /> VIDA shall promptly pay any unpaid base, charges due as invoiced and <br />' COM, INC. shall credit against the final charge any overpayment of base <br /> charge based upon any over-estimates of delivered tonnage, prior to <br /> and in excess of actual weighing. <br />' <br />~ c. The final charge, being the remainder of the base charge, <br /> shall be paid as follows: <br />' (1) At the time barrelled concentrates are released by <br /> COM. INC. for shipment by MI VIDA to the smelter or purchaser of its <br />' designation. MI VIDA shall pay the second half of the base charge for <br /> the number of tons milled for that run of concentrates based upon the <br />' belt scale reading for such run. <br /> (2) The parties agree this will result in a one-time <br />t overpayment for fifteen (15) tons of ore weighted in but not fully <br />t <br />d <br />ll <br />h <br />ll <br />Th <br />ll <br /> in t <br />e mi <br />circui <br />). <br />is one-time overpayment wi <br />(sti <br />processe <br /> automatically net out at the completion of the mill run. The fifteen <br />' (15) tons in process shall be subtracted as provided in Section 6 so as <br /> to determine the grade surcharge for each smelter shipment lot. <br />' 6. Payment of Grade Surcharge <br /> a. Payment of the grade surcharge shall be made by MI VIDA to <br />' COM, INC. after, and based upon, the returns obtained from the <br /> smelter or other commercial purchaser (the "smelter") of the MI VIDA <br />) <br />a concentrates. The smelter settlement sheet and the belt scale <br />' reading from the Mill shall be utilized to determine the grade of the <br />' 5 <br />