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• <br />• <br />ace•te account records and maps co~ing its gravel <br />operations upon the Property tahich Cozserts shall be entitled <br />to examine during normal business hours at Peahody's general <br />offices. <br />If Cozzens owns an interest in any Dart of the gravel. <br />located within the Property which is leas than an undivided <br />one-half interest, then the payments for gravel mined from <br />such part herein provided shall be paid to Cozzens only in <br />the proportion which Cozzens' true interest bears to said <br />undivided one-half interest in that part. <br />4. Term. The term of this Agreement and tho Lease <br />hereby granted shall be, thirty years from the date hereof. <br />5. Further Covenant. Peabody. covenants and agrees <br />'t,hat it will comply orith all state, federal and local laws, <br />rules and regulations related to any gravel extraction, <br />including, but not limited to any reclamation laws or <br />regulations applicable to;such gravel extraction. <br />6. Successors. This Agreement and the rights, ob- <br />ligations and interests herein created shall be binding upon <br />the successors, heirs,'asaigns and personal representatives <br />of the parties. Peabody shall not assign this Agreement <br />without the prior written consent of Cozzens, except to a <br />joint venture or partnership in which Peabody is a partner <br />ox joint venturer. <br /> <br />7.' Counterparts. This Agreement may be executed in <br />counterparts, and when so executed by both parties shall be <br />fully binding upon them. <br />IN 1TITNESS N1D;REOF the parties have caused this Agreement <br />to be executed as of the day and year first above written. <br />PEA90DY COAL COMPANY <br />By: ' <br />JAMES . FIQ86S <br />Ylta Pacs~c[a~- Ras.uaca FIwNa4cMdrvs <br />C~ <br />A <br /> <br />aYatS'rwNT SteRfe7AfLY i _3_ <br />