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-a- <br />1V. RECITALS, <br />1. On t r/ . -242P-?' Permit Number Hnf l`l3014 was granted to <br />lQ l.L?k?1 to 3*`uZ?`i { L.Lre-- {existing operator} ("Permittee"), pursuant to which <br />Permittee has been conducting a mining operation in the County of . State cif Colorado. <br />2. . Pcrmiuee wishes to assign the permit to 401twA9 M:!V- 69& !:!X ? XetL: (new <br />operator), as Successor Operator ("Successor") and Successor wishes to become Successor Permittee under the <br />permit <br />3., Successor understands that the reclamation plan (the "Plan") required by the permit and by applicable <br />State laws and regulations hasnotbeencompleted andiswiIlingtoassume fail responsibilityforthecompletion of . <br />the Plan. <br />V. AGREEMEN'T'S <br />•Permittee and Successor hereby agree, for their own benefit and for the benefit of the State, such agreements to be. <br />effective Aso facto upon the approval by the State of the transfer of tho Pernut from Perraittee to Successor, as <br />follows <br />2, Successorhasimpeded themiandreclamation operations toitsentire satisfaction andisfullyaware <br />of the conditions thereof Successor understands and accepts all of the conditions of the Permit <br />2, . Successor will complete the reclamation plan, and hereby assumes liability forcomp1c ftsuch plan as to <br />all areas heretofore disturbed, as well as to all areas hereafter disturbed. Successor will perform all of the <br />obligations of the Permittae under the Permit which have notbeeretofore been performed by Permittee. <br />3. Surcessorhereby tandem to theState Its'attached Performanbc and Financial Warranties*, which arctoba <br />substituted for the Performance "and Financial•Warranties heretofore Hied by the Permittee effective upon the <br />release, ofthe letter Warranties. <br />4. Successor represents to the State that, to the best of its knowledge, information and belief; it is not in <br />violation of any of the pmvisioM ofthe Colorado Mitied Land reclamation Act Mthrespectto any other operation <br />conducted by it in the Stoic of Colorado. <br />Permittee and Successor hereby zequest the State to consent to' the assignmeut of the Permit, to recognize <br />Successdras Successor Operutorunder ih&Permk andto accept the tendered substitute Performance and Financial <br />Warranties inpince of the Warranties presently on file with thb State.