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AGREEI•?ENT AND LEASE <br />This Agreement and Lease is dated and effective as of <br />the30th day of April, 1981, by and between Grand Mesa Properties <br />Company, a joint venture ("Lessor"), and Blue P.ibbon Coal <br />Ccmpany, a joint venture ("Lessee"). <br />R F.C TTAi.S• <br />Lessee is a Colorado general partnership formed by a <br />C'enture Agreement dated as of the date hereof (the "Eiue <br />Ribbon Venture Agreement") between Hawk Mining Inc., a <br />Delaware corporation ("Hawk"), and North Fork Coal Corp., a <br />Colorado corporation ("North Fork"), for the purpose of, among <br />others, acquiring the operating assets o£ Blue Ribbon Limited <br />Partnership,a Colorado limited partnership ("Coal Company"), <br />and developing certain coal lands located in Colorado within <br />the area described in Exhibit A (which area is hereinafter <br />referred to as the "Blue Ribbon Reserve"). Lessor is a <br />Colorado general partnership formed by a Venture Agreement <br />dated as of September 26, 1980 (the "Properties Venture <br />Agreement") between vrand Mesa Minerals Inc., a Delaware <br />corporation ("i+linerals"), and Delta Properties Corp., a <br />Colorado corporation ("Delta"), having authority to, among <br />other things, acquire the leasehold and other real property <br />rights in the Blue Ribbon Reserve and lease, sublease or <br /> <br />I-1 <br />