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-4- <br />If this Financial Warranty applies to lands under the jurisdiction of the State-Board of Land Commissioners <br />("Land Board"), and if this Financial Warranty, in whole or in part, is accepted by the Land Board as the bond <br />required- under its applicable law and procedures, then, the Operator having requested that the state accept this <br />Financial Warranty in lieu of the separate bonds which would otherwise be required by the Colorado Mined Land <br />Reclamation Board or Division of Minerals and Geology and by the Land Board, hereby agrees that, notwithstanding <br />any other provision hereof, or of law, this Financial Warranty shall remain in full force and effect until the Board is <br />notified in writing by the Land Board that the Operator's obligations to the Land Board, for which this warranty is <br />executed, have been satisfied and until its release is 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 <br />States Department of the Interior, ("the BLM") and if at the request of the Operator on this Financial Warranty the <br />BLM has, pursuant to 43 C.F.R. 3809.1-9, accepted this Financial Warranty in lieu of requiring a separate <br />reclamation bond payable to the United States, then, notwithstanding any other provision of this Financial Warranty, <br />or of law, the Operator hereby agrees that this Financial Wan-anty shall not be released until the Board is advised in <br />writing by the BLM that the Operator's obligations to the BLM, for which this warranty is executed, have been <br />satisfied and until its release is approved by the Board. <br />This Financial Warranty may be executed in multiple copies, each of which shall be treated as an original, but <br />together they constitute only one agreement, the validity and interpretation of which shall be governed by the laws of <br />the State of 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 9 fA- day of lk ? a ©G 6 <br />CO U MO U vi.7a I A ?? T?els L (SEAL) <br />Operator <br />By; - - <br />Authorized Signature <br />Title