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<br /> <br />tl;e preceding month and make payment to First Party by t:;c 25::it <br />day of each month. Socond .arty agrce~ that it will }:cey ;:cc~r~t.; <br />records of the amount of aaterials extracted, sold and :~ccc~~•~a :;; <br />them and that said records shall be open to inspection b;~ F^i1J4 <br />Party upon demand. <br />5, if Socond Party determines that it cannot econo:.:w,;:;.~=; <br />operate the business to which this contract pertain, it i~ .rrc.a•:,c~ <br />the privilege by First Party to terminate this agreement by riv.> <br />notice in writing thirty (30) days prior to any annual anniver.:~,,• <br />date of this agreement. Second Party shall then promptly rcT.:ovo c.i'~ <br />machinery, equipment, improvements anti all stockpiled material <br />within a reasonable time which belongs L-o it and having done ~o, :. ;: <br />shall be released from any further liability hereunder except ;:0 1;~.,~ <br />such royalties as may be due hereunder. <br />6. Upon tenhination of this agreement, whether by 1:.:-..._ <br />or time or otherwise, Second Party 3ha11 have the right to rer,:cv~ <br />a21 improvements placed by it on the above described premises c~,:c, <br />irrespective of whether the same may have become part of tl;o rc,:."~ <br />estate or noL•. Second Party agrees to conduct all its operatio..:~ i.-, <br />compliance with the laws of the United States, the State of Co1or~:w , <br />and any rule or regulation imposed by the County or tSesa. <br />7. Edward T. Leighton and l~lta T. Leighton have piac~:: <br />their signature hereto to witness the authority under their co,^.~- ~.. <br />with First Party for First Party to execute this agreement. I ;:.. -_.~.,- <br />the term hereof any Default should occur under the contract 'a:.c'. _. <br />the said Loightons and ti]e First Party heroin, it is agreed thu•c <br />this agreement shall remain in full Force and affect under Yre ic:;.::. <br />hcreoi and if there should arise any c7uestion as to whom the ro..tic_:::. <br />hereunder shall be payable, then Second Party may withholfl payr.:~::;: <br />thereof until any controvorvy as to the entitlement to the p4,::,~..~ <br />`thereof shall hav® been resolvefl. <br />-3- <br />