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02/19/2008 12:58 3038576789 MERIT ENERGY PAGE 07/11 <br />` 444 4913 P_07 <br />JUL-1106 68:23 PM IC•CROUCW <br />14-ue-8Bt16 84:11&9 Fron-ALL IRWIA CORP i670362St84 T-416 P.OQW82 F-436 <br />has been resisted its good faith by all reasonable legal means, delay in :-actaaing <br />envitotlmea d approvals, the inability to obtain necessary supplies, material, e+ ipment, <br />maichinory or labor and any other causes, whether of the kind herein Cnir= mcd or <br />otherwise not within the control of the party claiming susperrslon and which by the :Cerdst <br />of due diligence such patty is unable to prevent or ovctcomc. <br />14. NOTICES. <br />Any notice or other communication rcgtdred or permitted under this Agreement ilrall be <br />sufficient if deposited in U.S. Mail, postage prepaid. addressed to the particular par .y at ft <br />address first listed above: Arty party may, by written notice so delivered to the othe - parties, <br />change the address or individual to wbieh deliver shall tbercOicr be made. <br />15. ARIITTRAMN. <br />Any contrvversy or claim arising out ofor relating to this Agreement, or the preach thereat, <br />shall be resolved by arbitradiorr adtdW3texed by the Awedcsn Arbitration Ass)ciatiou <br />turder its comm=a rules, and judgment on the award readexed by the arbitrazot(s) maybe <br />entered in any court having jurisdiction thereof. <br />16. APPLICA ME LAW. <br />'ibis Agreement shall be governed by and construed in accoWmrce with the law. of the <br />State ofColarado. <br />17. immx, AGREE'?FNT. <br />This Agreement sets forth the entire understending among the parties hereto regan ling the <br />matters addressed herein, and supersedes any previous communications, r+epresema tions or <br />agreemernts, whether oral or written. This Agrctmeu shall not be amended, er ceps in <br />written form -signed by all parties. <br />M?tIT <br />>3r• <br />Yom. Vag PiMidsrt <br />7 1"?Irr C <br />By. <br />e , anag <br />LOT HOLDING INVESTWNTS, LLC <br />sy: <br />Stephen R.b n, rdent <br />$AI.L- WIN CO 1EtA'PJ(Ol?t <br />%r --- <br />m?scr