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i <br />-4- <br />If this Financial Warranty applies to lands under the jurisdiction of the State Board of Land Commissioners ("Land <br />Board"), and if this Financial V4farranty, in whole or in part, is accepted by the Land Beard as the bond required under its <br />applicable law and procedures, then, the Operator having requested that the state accept this Financial Warranty in lieu ofthe <br />separate bonds which would otherwise be required by the Colorado Mined Land Reclamation Board or Division of <br />Reclamation, Mining and Safety and by the Land Board, hereby agrees that, notwithstanding any other provision hereof, or of <br />law, this Financial Warranty shall remain in full force and effect until the Board is notified in writing by the Land Board that <br />the Operator's obligations to the Land Board, for which this warranty is executed, have been satisfied and until its release is <br />approved by the Board. <br />If all or any part of the Affected Lands are under the jurisdiction of the Bureau of Land Management, United States <br />Department of the Interior, ("the BLM") and if at the request of the Operator on this Financial Warranty the BLM has, <br />pursuant to 43 C.F.R. 3809.1-9, accepted this Financial Warranty in lieu of regdiring a separate reclamation bond payable to <br />the United States, then, notwithstanding any other provision of this Financial Warranty, or of law, the Operator hereby agrees <br />that this Financial Warranty shall not be released until the Board is advised in writing by the BLM that the Operator's <br />obligations to the BLM, for which this warranty is executed, have been satisfied and until its release is approved by the Board. <br />This Financial Warranty may be executed in multiple copies, each ofwhich shall be treated as an original, but together <br />they constitute only one agreement, the validity and interpretation of which shall be governed by the laws of the State of <br />Colorado. <br />The provisions hereof shall bind and inure to the benefit of the parties hereto and their successors and assigns. <br />Signed and dated this V-k day of ?? /? e? , ?p? <br />o0, si a 1 h ex U'o(? OLt n. 7,,,-t 14 if-,le A Aax (SEAL.) <br />Operator <br />1b <br />Seq t By: _.. <br />r Authorized Signature <br />(' c> U Title <br />rc- a <br />1+1(DTAt1tiT7.,A'I'TlON OF (J]PEIt;A'I'C?R`S ACK.IE4Vt`L1FDGEMF;V'L` <br />S-7 0;_A0 <br />The foregoing i st u`!/ rumenntvas aclmi <br />bV _e?1 _ ass <br />r ? <br />d? n <br />t <br />before me this ?y of y A b <br />> <br />-0 c <br />m, -f A. y p7jAu <br />SHAWNTE M HUFF, NOTARY <br />STATE OF OHIO <br />?!Sr1 `?..'3eYt ? ."_c^^' ?C"rre C„Kytic? : ?._.,..lllll' ?CIMDQI?Su}Ar.` <br />c