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<br />,. qq?1 t?A.s iC„ <br />LICENSE AGREEMENT <br />THIS LICENSE AGREEMENT is entered into this day of . <br />2008, by and between LAFARGE WEST. INC (`Lafarge'; and JIM AND <br />SNYDER (ook"wely "Snyder'. <br />WITNESSETH- <br />WHEREAS, for the purposes of gravel mining operations, the patties or <br />their predecessors have previously entered into certain agreements, including <br />the Gravel Leese dated May 1. 2000 ('Snyder Lease`) and Memorandum of <br />Agreement ("MOA`) dated June 23, 2005. concerning certain real property <br />looted in Gaff*U County, Colorado, as described on Exhibit A hereto (the <br />'Pronfmml; and <br />WHEREAS, all mining on the Premises authorized by the Snyder Lease <br />has been completed, and Lafarge is in the process of reclamation as requimd by <br />applicable state and local permits; and <br />WHEREAS, the Premises is located on the south side of the Coioradc <br />River, and in conjunction with property ovmed by Gypsum Ranch Co, LLC is <br />referred to as the'Mamm Creek Gravel Pit" or "Marron Creek;" and <br />WHEREAS, certain property located on the north side of the Colorado <br />River. Is owned by North.9ank Holdings. _ LLC, and is. refereed to as tfhe 'North <br />eank•" and <br />WHEREAS, Lafarge has executed a lease with Noa fink Holdings, LLC <br />dated May 27.2005, as amended ("North Bank Lease'); and <br />WHEREAS, Lafarge has subri tted a Special Use Pe mit . Applicatlon <br />("SLIP Appikatiwj to Garfield Curtly for the -use and operatbn of a conveyor <br />system over the Colorado -River (the `North Bank'Conveyor') In order to conduct <br />mining operations between the North Bank and Mawr- Creek; and <br />WHEREAS, a portion of the Conveyor system will be located on the <br />Premises; and <br />WHEREAS, i4e MOA. provides that -Snyder will grant. a conveyer belt <br />license to Ladsrge upon Snyder's approval of the location and design of the <br />conveyor system; and <br />WHEREAS, Snyder has given such approval. <br />NOW, THEREFORE, for good and valuable considerat,on, the receipt and <br />sufficiency of which is hereby admovAeoged, they parties agree as follows: <br />tit+3.t-s <br />