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i • <br />tin preceding month and make p ymont to Fi~~t Party by the 25;::: <br />day of each month. Second Par y agrees t:.at it will keep accurnt~ <br />records of th© amount of mater als extracted, sold and proce~::.^.c: v, <br />them and that said records aha 1 be open to inspection by First <br />Party upon demand. <br />5. IP Second Part determines ti:at it cannot econo:.~_c~liy <br />operate the business to which his contract pertains, it is Rrratc.l <br />the privilege by First Party t terminate this agreement by rivi::,7 <br />notice in writing thirty (30) ays prior to any annual anniv:.rca~,~ <br />date of this agreement. Secon Party shall then promptly ru:~:ov~ ~:li <br />machinery, equipment, improvem nts an@ all stockpiled material <br />within a rnaaonable Limn which belongs to it zed having done so, ii <br />shall be released from any fur er liability hereunder chcept ~~o pay <br />such royalties as may be due h rounder. <br />6. upon terminati n of this agreement, whither by iaL.a.: <br />os" time or otherwise, Second P rty shall have the right to remora <br />all improvements placed by it n the above described promisee and <br />irrespective of whether the ea n may have become Hart o~ the real <br />estate or not•. SPCOnd Party a tees to conduct all its operatioaca in <br />compliance with the laws of th United States, the State of Colorado, <br />and any rule or regulation imp sod by the County of 2lesa. <br />7. Ldward T. Leig ton and Alta T. Leighton have placed <br />their signature hereto to witn ss the authority under their contr.:ct <br />with First Party for First Par y to execute this agreement. If during <br />the term hereof any default eh uld occur under the contract bet~.~=~:n <br />the said Loightons and the Fir t Party heroin, it is agreed that <br />this agreement shall remain in full force and effect under the terra <br />hereof and if there should ari a any question as to whom the roy:.lcic~ <br />hc~roundor shall be payable, th n Second Party may withhold paynca:t <br />thereof until any controversy s to the entitlement to the payraoni; <br />th©reof shall hav® been resole fl. <br />-3- <br />