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IN WITNESS WHEREOF, the parties hereto have caused this Lease Agreement to be <br />executed to be effective as of the Lease Date, notwithstanding the actual date of execution. <br />LESSOR: <br />GILCREST RESERVOIR, L.L.C., <br />a Col9radb-Limited li iji.Lx company <br />Rob6rt A. Lembke, Director <br />By: <br />LESSEE: <br />PLATTE SAND & GRAVEL, LLC, <br />a Colorado limited liabil4y company <br />By: <br />Manager <br />CIPALS: <br />paragraph 10.7 only) <br />W <br />ayne Hoffschneider <br />-26- <br />(00685550 / 6)