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<br />' INDEMNIFICATION AGREEMENT <br />I THIS INDEMNIFICATION AGREEMENT ("Agreement") is entered into <br />I on the zZNO day of July, 1999 between CAMAS Colorado, Inc., an <br />Indiana corporation, ("CAMAS"), Miriam J. Bromley and R.T. Barr, <br />Inc., a Colorado corporation, ("Bromley and RTB"). <br />I Premises <br />1. CAMAS is the owner of certain real property located on the <br />I south side of 104"' Avenue and on the west side of the South Platte <br />River, said property lying due south of the Bromley and RTB <br />Property described below (the "CAMAS Property"). <br />I 2. Bromley and RTB are the owners of certain real property <br />("Bromley and RTB Property") located at 6507 E. 104t° Avenue, <br />Denver, Colorado 80233 and in the general vicinity of the CAMAS <br />I Property. <br />3. CAMAS has filed applications with the Colorado Mined Land <br />I Reclamation Board and the County of Adams, State of Colorado <br />("CAMAS Applications") for the purpose of allowing the mining of <br />sand and gravel on the CAMAS Property. <br />I 4. The mining activities of CAMAS will result in the removal <br />of overburden, sand and gravel, and the creation of a water storage <br />pit on the CAMAS Property. <br />I 5. Bromley and RTB have expressed concerns to governmental <br />officials and others that the mining activities of CAMAS may result <br />I in the water level of wells and lakes located on the Bromley and <br />KTB Property ("Bromley and RTB Wells and Lakes") being lowered to <br />such an extent that Bromley and RTB are unable to recover and use <br />the amounts of water historically taken aadi=~-3.ch -ean~ega~ly~ejl~ ' <br />t~]aan from such wells and lakes. ~ ~ 4 <br />6.. Bromley and RTB have advised CAMAS that without some sort <br />I of protection from the possible adverse effect of mining activities <br />of CAMAS on the CAMAS Property on the Bromley and KTB Wells and <br />Lakes, the CAMAS Applications are objectionable. <br />I Terms of Agreement <br />7. Consideration. The consideration for this Agreement shall <br />I be the mutual promises and covenants set forth herein. <br />8. Indemnification. CAMAS shall indemnify and hold harmless <br />I Bromley and RTB against any and all loss and damages incurred by <br />Bromley and KTB as a result of the water level of the Bromley and <br />KTB Wells and Lakes being drawn down to the extent that Bromley and <br />I KTB are unable to recover and use the amounts of water historically <br />taken a from. the Bromley and RTB Wells <br />'1p~ <br />I ~~ZZ9~ <br />13 <br />