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18/09 '09 VEN 11:57 FAX 418 892 2420 CARR S POLYCOR INC Q 010 <br />of Labor, Bureau of Labor Statistics issued nearest in tune prlQr to the ' <br />the denominator ofwhich shall be the same m'dsx as it was published an Adjustment <br />the date give Date and <br />earn"' zu the event said index no 1 years <br />048er is published or determined, the 4ustmants shall <br />be made on the basis of the index published and issued in place thereof or on the basis of <br />such other index 88 reasonably tuy be acceptable to the parties hemto. <br />2.7 Additional loyalty. Although this lease is <br />Dimension Airbie frortt the to Lessee for the propose only of mining <br />POPOY, it is understood and agreed the, in addition to Blocks <br />waste? <br />Saved, a certain quUQtfty of <br />aid bm"En marble will be, genterated fa the mining <br />• f " ' agreed : that <br />m uo event shall Lessee sell Waste MMatiile to third <br />amount mcceeds two hundred parties which <br />Percent (200.0) of the <br />year daring -the Initial Term. volume ofBlacks Saved during my! <br />°Purtbermore, it is agreed that Lessee shall pay to Lessor <br />addition to and without credit against nor t?ttmttlate credit b the in <br />Royalty or <br />Production Royalty, a Waste Royalty Of $0.55 per short tan (2000 Minimum ofWaste Marb]e <br />sold to thud patty purckasers, po The Waste Royalty shall be payable to 1A=Or each calendar <br />quarter concurrent with the Production R1O3Wty or N nm ; <br />IDl' Y-,, . a i;o a on she`ll . ) <br />ee sell waste 1Vlarble or any othermatble recovered ftm tha Property for use in the . <br />-praE Ottozu of ground calcium carbolmte ofa fineness ofless <br />Violation Of this provision of than ??o Hundred X00) ?h; <br />of ties ? p??lth 2. shall result in autotuatic, immediate termnation <br />Agreement and shall entitle Lem t to go upon the Property and evict Lee in addition to <br />any and all other remedies available to Lessor for such breach. <br />2.9 Records and :Reports. Lessee sWi provide to Lesso <br />volume ofBlor'ks Saved, 'Waste Marble, and showing the amount and <br />means) at or from the Pra Space Quarried (by weight slips or other <br />Port3'• 3u reports shall be prepared and.provide <br />d to Lessor <br />within thirty (30) days after each calendar quarter and delivered simultaneously with the <br />Payment of royalties. Lessor shall have the right to request such additi <br />copies of records reasonably necessary to °i? information and <br />the quartet'-anaUal reports which shall be wort or doatmnent the information contained in <br />Lessee. Provided to Lessor at the cost attd expense of <br />ART)I'C)t,E 3.. I'=U*4M <br />3.1 Permits. Promptly after the execution oftW Agzocmwd, Lessee shall use its good fettle, <br />best efforts to obtain, and thereafter maintain in good standing, all permits,, consents, <br />v244nce4 aPPrOVA homses and cerliiflcatioes ftom av <br />jw3sdic#ion, necessary for the operation on the Pro;" of a ?Y governmental atenCy having <br />Lessor will cooperate with Lessee and will join in andeX? le Quarry, ss that earl, <br />applications, papers, documents and other instruments b Whatever necessary, a12 <br />%wits. All such apglitiags l , papem, d mitts and oth?for the i sscnce of the <br />canstromeots zecssary for the <br />issuance of the Permits shall be prepared by and at the expanse of Lessee and shall be <br />submitted to Lessor far Lessors review and approval prior to =oudon and tnbmission to <br />the govemment agencies. It is agreed Lessor siren undertake and <br />within tea (10) days, or such other pmiod as the peafolm such review <br />receives such applieatim s papers, documents and otdherfeo is wt3 tIU g, Of the date sor <br />i11S17' <br />give WrittM notice of approval or atbeoffi and ifl Amsor does not <br />deemed to have approved of sarne.proval dated within said period. Lessor will be