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_ ,~ :, .,~ <br />.. - to Sublease between <br />,. ~ Anchor Coal Company 1-9-81 <br />- and Bear Coal Company <br />• All EN D?tEY.T TO COA_ LEASE ASSIGPI~!Et7T <br />THIS At1 ENUHENT TO COP.L LEASE ASSIGN:TENT is made and enter- <br />ed into this ~%l day of January, 1941, by and bettyeen COAL <br />PROPERTIES CORPORATION, an Illinois co:po ration (hereina`ter <br />called "Coal Properties") and ANCHOR CO,L CO:IPA Y.Y, a Colorado <br />corporation (hereinafter called "Anchor"). <br />WITNESSETH: <br />WHEREAS, Empire Energy Corporation, a Te:;as Corporation <br />(hereinafter called "Empire"), as owner of United States Coal <br />Lease No. Denver 052501 dated August 20, 1945, assigned said <br />lease to Anchor by Assignment dated September 25, 1975, and, <br />WHEREAS, Empire reserved in said Assignment (hereinafter <br />the "Anchor Assignment"), a production payment in the total <br />amount of $2,625,000, payable as more specifically described <br />• in subparagraphs A, B, and C of Section 2 of said Assignment <br />from Empire to Anchor, and, <br />WHEREAS, Empire assigned and conveyed to Coal Properties <br />all of its right, title and interest in and to said prod uc tior. <br />payment in an Assignment dated July 26, 1979, •a nd, <br />WHEREAS, Coal Properties and Anchor now desire to amend <br />the terms and conditions of the minimum advance production <br />payment described in subparagraph B of Section 2 and the pro- <br />duction payment described in subparagraph C o£ Section 2 of <br />the Anchor Assignment, <br />NOW THEREFORE, for and in consideration of the mutual <br />promises contained herein, Coal Properties and Anchor do here- <br />by modify the Anchor Assignment as follows: <br />Subparagraph C of Section 2 is hereby amended to read as <br />follows: <br /> <br />- . _ ,~7i~ <br />