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' UNITED STATE)
<br />DEPARTMENT OF THE INTERIOR
<br />' BUREAU OF LAND MANAGEMENT
<br />MODIFIED COAL LEASE
<br />Serial No.: COC 61209
<br />Date of Lease: Seatember 1, 2000
<br />PART I.
<br />THIS MODIFIED COAL LEASE is entered into on JAN - 12ppQ by and between the IINI'I'ED STATES OF
<br />AMERICA, hereinafter called the Lessor, through the Bureau of Land Management, and
<br />Bowie Resources, Limited
<br />P.O. Box 1488
<br />Paonia, Colorado 81428
<br />hereinafter called Lessee.
<br />This modified lease shall retain the effective date of September 1, 2000, of the original COAL LEASE COC 61209, and is effective for a
<br />period of 20 years therefrom, and for so long thereafter as coal is produced in commercial quantities from the leased lands, subject to
<br />readjustment of lease terms at the end of the 20th lease year (September 1, 2020), and each 10.year period thereafter.
<br />Sec. 1. This lease is issued pursuant and subject to the terms and provisions of the Mineral Lands Leasing Act of 1920, as amended,
<br />41 Stat. 437, 30 U.S.C. 18] -287, hereinafter referred [o as the Actand to the regulations and formal orders of the Secretary of the Interior
<br />which are now or hereafter in force, when not inconsistent with the express and specific provisions herein.
<br />Sec, 2. Lessee as the holder of Coal Lease COC 61209, issued effective September 1, 2000, was granted the exclusive rightand privilege to
<br />drill for, mine, extract, remove or otherwise process and dispose of the coal deposits in, upon, or under the lands described below as
<br />Tract 1.
<br />The Lessor in consideration of fair market value, rents and royalties to be paid, and the conditions and covenants to be observed as herein
<br />set forth, hereby grants and leases to lessee the exclusive right and privilege to drill for, mine, exn'act, remove, or otherwise process and
<br />dispose of the coal deposits in the B and D seams in the lands described below as Tract 2.
<br />Original Lease
<br />Tract 1: T.12 S., R. 91 W., 6°i P.M.
<br />sec. 33, lots 1 to 3, inclusive, 6 to I1, inclusive, 14 to I6, inclusive, SE'/aNW3n, and S'/zNESd;
<br />sec. 34, lots 1 fo 16, inclusive, and SyzNi4;
<br />T. 13 S., R. 91 W., 61h P.M.
<br />sec. 2, SW'/aNW'/a, NW'/aSW'/a, and EhSW'/a;
<br />sec. 3, lots 1 [0 4, inclusive, S'hN'h, and N'hS'h;
<br />sec. 4, lots 1 to 4, inclusive, S'hN'h, and S'/a; ~..,
<br />-,
<br />sec. 5, SEl/aSW'/n, and S'hSE'/o; -
<br />sec. 9, NW%, and N%sSW'/a;
<br />sec. 11, NE~NW'/a.
<br />3,210.82 acres, Delta County, Colorado. '""'
<br />;~
<br />Modification
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<br />Tract 2: T.13., R. 91 W., 6th P.M.
<br />sec. 9, NE'/aSWI/aSW'/e, and SE'/aSW'/a.
<br />50.00 acres, Delta County. Colorado
<br />Containing 3,260.82 acres, more or less, together with the right to construct such works, buildings, plants, structures, equipment and
<br />appliances and the right to use such on-lease rights-of-way which may be necessary and convenient in the exercise of [he rights and
<br />privileges granted, subject to the conditions herein provided.
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