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5/13/81 <br />March 24, 1971 Agreement between Empire and Noe (Attachment 2 <br />hereto), ar~d Coal Properties Corporation (herinafter described <br />as "Coal Properties") is entitled to receive royalties and <br />payments as set forth in the September 25, 1978 Assignment <br />(Attachment 3 hereto), as amended by Amendment to Coal Lease <br />Assignment (Attachment 4 hereto). Anchor agrees to continue <br />paying all minimum advance production payments due Coal <br />Properties under Attachment 3 until Bear begins producing coal <br />from the Property or thirty months after the date hereof, <br />whichever shall occur first. Bear hereby agrees to assume all <br />other rental and royalty obligations to the United States, Coal <br />Properties and Noe that arise while this Sublease is in <br />effect. The $7,500 payment due Noe on December 31, 1981 shall <br />be pro-rated between Anchor and Beac as of the date of this <br />Sublease. Anchor hereby represents that, effective as of this <br />date, there are no other bonus, rental, royalty or other <br />• payment obligations to either the United States, Coal <br />Properties or Noe or any other parties, other than those set <br />forth above. Anchor further represents that all payment <br />obligations to the United States, Noe and Coal Properties are <br />current and in good standing. Bear understands that Anchor has <br />paid Coal Properties and its predecessors the sum of <br />$175,000.00, which sum Anchor was entitled to credit against <br />production royalties that had been provided for in Attachment 2 <br />hereto. To reimburse Anchor for such payments, Bear agrees to <br />pay Anchor the production royalties provided Eor in attachment <br />3 hereto until Anchor has recouped from those royalties that <br />$175,000.00 sum, plus all other $5,000 payments made by Anc*.or <br />to Coal Properties pursuant to this Article 5. <br />Article 6 - Surrender of Sublease . <br />Bear shall have the right on January 1 of any year <br />during the' term hereof, upon not less than ninety (90) days' <br />prior written notice to Anchor, to surrender to Anchor this <br />Sublease and the Property in whole, but not in part, by <br />delivering or mailing a Release thereof to Anchor and by <br />-4- <br />~~ _ <br />l~ <br />