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FEB-02-1999 13 39 <br />S}nt @y:.AMEpICAN SODA; <br />FROM 57EIGERS CORPORR7lON <br />97082888&3; <br />•nc1GNMINT <br />TO 3038328166 P.03 <br />Jen-29•`9:OtAY; Poyl 3 <br />~ Tff7S ASST ("Aasigtmnent"f, is made and sneered ineo as of the <br />31-~ day of December,:. between tiue YattfRee Gu1th Joint Yentute (the `Joint <br />Venous"), Aatsticafi , Ins., a Cdorado corporation ("Alkali'), and Ameriesn <br />Soda, L.LP., a Colo=aler tad liattWty putuetsiup ('Soda"L <br />A. Allca-i ~owtu <br />Venttae. The jcint'Nlty <br />dated Februuy 2d.a96ti1 <br />Joint Venture Agre~otnjj <br />interest as foLLows:: pur <br />date herewith b; attd .tip <br />and Alkali, Alliiali acqub <br />from Dunn his13.1496'yi <br />Ageee~tatt it was adata <br />ie was further aclatowltl <br />DW-n'a iaberesel, A <br />B. Pderstttttt ~ <br />Vectors deaitetl: to assilp <br />Venture whiehian:idetll <br />January 1, 1992~ftvsn the <br />Management to the' Yeti <br />Preference Right Sddyu <br />Bureau of Laaef Maitag~ <br />Januarv 1, 1992; Serial iti <br />part of the Parac2wte:Ca <br />Csak Sasut, a copy. of:tw <br />Agt+eenunt as F-:dtibit A <br />$~~ <br />~ 10096 undivided interest in the Yankee Guidt joint <br />ro case created pursuant to the Joint Venture Agreement <br />~ amended b9 the Fltst Antettdment to the Yanks: Gulch <br />iatsd November 15,1991. Alkali acquired its 100% <br />uuu to that cettatn Purchase and Sale Agreement of even <br />Caen Multi-Minerais, Inc.. Ntki D. LeClair, J. Andrew Dicta <br />d ftm Multi-Minerals its 47.0876 undivided interest, and <br />divided interest pursuant to said Ptsrdtase and Sale <br />!edged that Alkali owned a 39.5896 uadivtdad interest and <br />Ied that upon Alkali's acquisition of Multi-Minerals' cad <br />could own a 10076 undivided interest in the joint Ventttte. <br />the trsars and conditions of this Asaigaatettt,the Joint <br />to Soda the two ptefazmot rialtt leases held by the Joint <br />ied as the Preference Right Sodium Lease effeetfva <br />7ititsfd 5tatas Deputatatt of the Interior, Bureau of Land <br />K Gulch Joint Vetuttre, Serial No. C-Ollffi7S, and the <br />Lease from united Stataa Department of the Interior, <br />tent to the Yankee Gulch joiae Venture effective as of <br />. C-0118329, both concerning sodium deposits in the lower <br />ek Member of the Groan River Fortttation in the Piceance <br />dch PreEert~ Right Sodium Leases are attached to this <br />the "Preference Right Leases"). <br />Ia cottsiduaeion; the promises and mutual covenants contained herein, the <br />Parties agree as folfiawm <br />1. The joint Venture and American Alkali hereby assign, <br />transfer, and convey ttsi ,its successors and assign, all of the Joint Venture's <br />ri6hL tide, inciuditlg; ,. litaitadon, after-acquired title, and interest in, to, cad <br />under the Prefit+rettee . Leases and further including without limitation, all data <br />anal records rebtltt~ to pertaining to the ]Dint Venture and all of the Joint <br />Vettetue's rights its; eg: uttdar, and all of the Joint Venttueb and American <br />Alkali's rights rdawd : any attd all claims sower of action, judgtaenb, setttenuutts, <br />or other t>easAls or arising at any time from she faint Venture. <br />lJ1tlrEDSTAZF110R#I~Ck i ~. ~ .~.. <br />