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5/13/81 <br />• operation and reclamation of coal mines. This provision sha'_1 <br />survive ter;nination of this Sublease to the extent necessary to <br />effectuate the purposes of this Article 8. <br />Article 9 - Rear To Give Bond and Obtain Permits <br />Before beginning its mining operations on the <br />Property, Bear shall post the bond and pay the fees required by <br />law and shall obtain from the appropriate governmental agency <br />or agencies such permit or permits as are required by la•a for <br />ca[rying on mining. Anchor agrees to cooperate in this regard <br />by assigning or transferring to Bear, to the ex tenC <br />permissible, all governmental permits now held by Anchor with <br />respect to coal mining operations on the Property. <br />Article 10 - Not Assignable by Rear <br />Bear shall not assign, sublease or convey any of its <br />estate, interest or rights hereunder, or any part thereof, to <br />any person, firm or corporation without the prior written <br />• consent of Anchor provided, ,however, that Bear is permitted to <br />do the following without such consent: (i) executing <br />conveyances of carved out production payments; <br />(ii) transferring its interest hereunder to a joint venture of <br />which Bear and Western Slope Carbon Corporation are each fifty <br />percent (508) members; and {iii) subcontracting the performance <br />of work on the leased premises, provided that subcontractors <br />agree in writing to perform in accordance with the provisions <br />of this Sublease. Any tcansf ecs of the issued and outstanding <br />common stock of Bear shall constitute an assignment within the <br />meaning of this Article 10, with the exceptions: (i) transfers <br />resulting in at least fifty-one percent (518) of such stock <br />being owned by the present shareholders of Hear; <br />(ii) distribution of such stock from the estate of Virginia <br />Bear; (iii) descent or distribution of such stock pursuant to a <br />.will or the laws of intestate succession; (iv) pledging of such <br />• stock to obtain financing and acquistion of such stock by a <br />lender or any third party upon any foreclosure; (v) inter vivos <br />-6- <br />f--~.. ~, <br />