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.~ _ <br />additional ter;as of ten (:`,' <br />and conditions se` for~H at <br />.. _.._c o;~c:_ <br />:,; ~esseE a. <br />.EU~ ~:.ch, <br />SECt iOr: 'dIii <br />,~_ _ t_or. .o. tc:_ee <br />~!b~ect to tics Lenms <br />HerE~=. <br /> <br />,1 ,1•tl ^i r.-- ;..'';SLICE r(O-=a'- JL1or: triE '_'i.__..t 10P r.°rLOL <br />and on each anniversary dace LhErEafLer, Lessee sHail ;ay Lo <br />CFeI B mi n'imur~ aGV3nCe rOyalt\' G: ?1 VE TnGI]Sai,C dOi13L5 <br />(W>, Q17~.(1 (1) :'nE P,._nlHUm aC b'8n `:E :Oj'a cy stall D°_ C; ECILEC <br />aGalnSt pT GdLICtlOn Loyalty CGE LOL not t0 eY.CE2C LwG yedr5 <br />following Lhe due date o° each minimum royalty pa~•rlent. The <br />r.~inimum advance royalty small De adjusted in accordance with <br />Jnrag_aph 14.2 EACH Calendar year bECinning On tnE second <br />anniversary Hereof, provided iL shall never be adjusted below <br />five thousand dollars (55,000) per year. <br />4.2 Production P.ovalLies. SubjECt to set-off as provided <br />in paragraph 4.1(a) abovE, Lessee stall pay eacr. month to CF&I <br />a production royalty of ti:•_rty cents (30~) on EacH and Every <br />con (2,000 lbs.) of 11GieSLG.':e that is mined and _EHOVEd from <br />LHE Premises, including limEStone rEmoved frog. existinc o_r <br />hereafter created mire tailincs or rEfuse DilES. "s.is royalty <br />rate shall be adjusted in accordance with paragraph 14.2 each <br />calEndar yEar beginning on the second anniversary i~ereof, pro- <br />vidEd it small never be adj~sLed below thirty cents (30¢) per <br />ton. <br />..S 1:e1 Qr.•_nG O_ PfEa SurEmEn. nil limesconE ,~,aLerial wn1C^ <br />iS rEmOVed LrOiL tree DLEm1S_3 Saall DE Wet gHeC Or. CErLl=1eC <br />trucE; scales and conies of aeigH tickets furnished to CFI on a <br />mentHly basis no later than rite Horning of tHE second working <br />day of the succeeding .lon~~l. CF&I :-.ay at its solE discretion <br />aoorove some other meLHod of ;,easurement sucn as truck counts. <br />4.; Payment. nil mini;:~ur~ advance royalL}' payments pa}'able <br />in accordance wiLi': paragrapi: S.1 above shall be wade on or be- <br />LOr2 LhE day Sll C~n Da'}'ment5 are dUe a5 pro\'1 deC aJG\'°_. THe pI0- <br />duGL1Gn r:Jyaltles pa}'able In aCCOrGanCe ".;1tFl paragraon 4.2 <br />above shall be paid on or bEfore *_he 25th of t;,E following <br />month Lo CcbI at the address sec forth in parag_aph 14.1. <br />'1. ~I^ :S, TCP; S :L .1'~v~:PSnYIO!': A':D i;----::^I ES <br />5.1^ltle .:ar-antles. C26I represEnt., or:_, "at ,ts title <br />t0 LhE ?rEID1SES 1S fia5ed I::JG.-,.tt!E E;ltry. and location of -unpat- <br />Er!t°d mininc Cl alias ,TiadE by CFSI, Or 1LS prEG ECESSOrS In 1nLeL- <br />Est, In COOd id1Lh aLLcl-NLEG CO;~ILll icnCe b'lt}1 Lac .-ai ni nc laws Of <br />Lhe SLatE OI COlOr aOO 3nG L... Un1LE Scat ES OI ~.-IEr1Ca and HaS <br />uEEn ;maintained against rEiccatien by the requisite ainounts of <br />-2- <br />