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• <br />• <br /> <br />5/13/81 <br />assignment is done in conoec tion with an approved assignment or <br />sublease of Che above-described Sublease of the United Stater <br />Coal Lease. <br />~ S. Bear shall indemnify and save harmless Anchor of <br />I <br />and from any and all actions, suits, claims, demands, <br />liabilities, damages, and losses whatsoever, including <br />attorneys' fees, arising or to arise out of or in connection <br />with the operations of Bear or its assigns hereunder, un 1~•.:s <br />the same should arise because of defects in Anchor's title to <br />the Leased Premises or unless the same should arise by reason <br />of the negligence or misconduct of Anchor, its agents or <br />employees. <br />9. Bear shall carry all workers' compensation and all <br />other insurance required of employers under Colorado late. Bear <br />shall also carry public liability insurance in the amount of <br />$1,000,000 and automobile/vehicle liability insurance in the <br />amount of $500,000/$1,000,000. Bear shall also provide Anchor <br />with copies of all such policies and sha 11 have Anchor namzd as <br />a co-insured thereunder. <br />10. Lessee shall pay all property and ad valorem <br />taxes assessed against the Leased Premises. <br />11. Upon termination, Lessee shall execute a <br />recordable release of this Lease. • <br />12. All notices and payments under this Lease shall <br />be deemed effective and made three (3) days after they have <br />been delivered into the United States registered or certified <br />mails, postage prepaid, to the following addresses: <br />AN C'dOR (for notices): <br />ANCHOR (for payments): <br />Anchor Coal Company <br />1536 Cole Boulevard, Suite 160 <br />Golden, Colorado 80401 <br />and <br />Anchor Coal Company <br />P. O. Box 26765 <br />Richmond, Virginia 23261 <br />Anchor Coal Company <br />P. O. Box 26765 <br />Richmond, Virginia 23261 <br />-2- / ` <br />•! f1 <br />~i-.i! <br />