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__. <br />Tf <br />A.p~a„ a.o - 9 <br />Powderhorn Properties Company <br />May 26, 1998 <br />Page 2 <br />Please indicate your concurrence by executing the enclosed copy of this letter in the space provided <br />and return the copy to me. <br />Sincerely, <br />G. W. DeBernardi ~~~ <br />Project Sponsor . <br />• <br />The foregoing letter correctly reflects our agreement. <br />• <br />Powderhom Coal Company <br />~~ - <br />~~ <br /> <br /> <br />