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If to Petroleum Development Corporation: <br />Petroleum Development Corporation <br />1775 Sherman Street, Suite 3000 <br />Denver, Colorado 80202 <br />Attention: Director of Land Denver Basin <br />If to Journey Ventures, LLC: <br />Journey Ventures, LLC <br />P.O. Box 129 <br />Greeley, CO 80632 <br />Any party may, by written notice so delivered to the other parties, change the address or <br />individual to which delivery shall thereafter be made. <br />17. RECORDING. <br />This Agreement, any amendment hereto shall be recorded by Petroleum Development <br />Corporation, which shall provide the other parties with a copy showing the recording information <br />as soon as practicable thereafter. <br />18. NON-BINDING MEDIATION. <br />Any controversy or claim arising out of or relating to this Agreement, or the breach <br />thereof, shall be resolved by non-binding mediation. <br />19. APPLICABLE LAW. <br />This Agreement shall be governed by and construed in accordance with the laws of the <br />State of Colorado, without reference to its conflict of laws provisions. <br />20. ENTIRE AGREEMENT. <br />This Agreement sets forth the entire understanding among the parties hereto regarding the <br />matters addressed herein, and supersedes any previous communications, representations or <br />agreement, whether oral or written. This Agreement shall not be amended, except by written <br />document signed by all parties. <br />21. EXECUTION AND BINDING EFFECT. <br />This Agreement may be executed in any number of counterparts each of which shall be <br />deemed an original instrument but all of which together shall constitute one and the same <br />instrument, and shall be binding upon and inure to the benefit of the parties, and each of their <br />respective heirs, executors, administrators, successors and assigns and is executed by the parties <br />as of the Effective Date set forth above. <br />Page 9 of 10 <br />18