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<br />-3- <br />This performance warranty may be executed in multiple copies, each of which shall be treated as an <br />original, but together they constitute only one agreement, the validity and interpretation of which shall be <br />governed by the laws of the State of Colorado. <br />The provisions hereof shall bind and inure to the benefit of the parties hereto and their successors -and <br />assigns. <br />SIGNED, SEALED AND DATED this 4--^) day of JUNE 2000 <br />P C MANAGEMENT, INC. (SEA V <br />Operator <br />By: <br />STEPHANIE GALLE <br />PRESIDENT <br />Title: <br />NOTARIZATION OF OPERATOR'S ACKNOWLEDGEMENT <br />STATE OF CpIIjUjino ) <br />) ss. <br />COUNTY OF MESA ) <br />The foregoing instrument was acknowledged before me this ?3 day of JUNE 20006y Stephanie Galle <br />as President of P C Management, Inc. <br />NOTARY PUBLIC <br />My Commission expires: 1 I <br />APPROVED: <br />State of Colorado <br />Mined Land Reclamation Board <br />Division of Minerals and Geology <br />By: Date: <br />Division Director <br />?pTARy? <br />oq Rz <br />??C GFo: <br />?OLORP?? <br />M:\OSS\BDC\BONDFORM\HRCOFW.BND <br />Revised 04/05/2000