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<br />proper conservation pradtices, you are responsible. If the damage resulted from willful or gross <br />negligence, you are liable for triple the appraised value of the damaged or destroyed materials. If <br />the damage or destruction did not result from willful or gross negligence, you are liable for lesser <br />charges, but not less than the appraised value of the materials. <br />Sec. 6. Stipulations and reserved terms -Your rights are subject to the regulations at 43 CFR <br />Group 3600 and to any stipulations and the mining plan attached to this contract. <br />[ x ] BLM will check this box if there are stipulations attached to this contract. <br />Sec. 7. Notice of operations. You must notify BLM immediately when you begin and end <br />operations under this contract. If BLM has specified a time frame for notification, you must <br />comply with that time frame. <br />Sec. 8. Bonds - (a) You must furnish BLM with a bond in the amount of $ 0.00 as a <br />condition of issuing this contract. <br />(b) If you do not perform all terms of the contract, BLM will deduct an amount equal to the <br />damages from the face amount of the bond. If the damages exceed the amount of the bond, you <br />are liable for the.excess. BLM will cancel the bond or return the cash or U.S. bonds you supplied <br />when you have completed performance under this contract. <br />(c) BLM will require a new bond when it finds any bond you furnish under this contract to be <br />unsatisfactory. <br />Sec. 9. Assignments - You may not assign this contract without BLM's written approval. <br />Sec. 10. Modification of the Approved Mining or Reclamation Plan. You or BLM may initiate <br />modification of these plans to adjust for changed conditions, or to correct any oversight. The <br />conditions for BLM requiring you to modify these plans, or approving your request for <br />modification are found in the regulations at 43 CFR 3601.44. <br />Sec. 11. Expiration of contract -This contract will expire 2 years, 0 months, <br />0 days from its approval date, unless BLM extends the term. <br />? BLM will check this box if this contract is a renewable competitive contract. <br />Sec. 12. Renewal of renewable competitive contract. BLM will renew your contract if you <br />apply in writing no less than 90 days before your renewable competitive contract expires and you <br />meet the conditions in the regulations at 43 CFR 3602.47. <br />Sec. 13. Violations, suspensions and cancellations. (a) If you violate any terms or provisions of <br />this contract, BLM may cancel your contract following the regulations at 43 CFR 3601.60 et seq., <br />and recover all damages suffered by the United States, including applying any advance payments <br />you made under this contract toward the payment of the damages. <br />(b) If you extract any mineral materials sold under this contract during the suspension <br />period, or after the contract has expired or been canceled, you have committed, and may