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JAN. -06' 04 (TUE) D8:28 VOLUME III, TAB 1 P. 002 <br />• UNITED STATES <br />DEPARTMENT 01: TFfk INTEKIOR Serial No.: cap Et 309 <br />HUkI;gUOPLANDMANAOEititENT Dace of Lease: September 1. znda <br />MODII'IT:.D COgI. LRASR - <br />PART I. <br />THIS MODTI'TL•D COAT. T.F.ASE is entered inro on JAN -) 2004 by and between the UNITED STATES OF <br />AMERICA, hereinafrer called the Lessor, through the Bureau of Land Management, and <br />I3nwie Resouruzs, Limited <br />P.O. Box 1488 <br />Pannia,Colnrado 81425 <br />hereinafter called iessuc. <br />This modified lease shall retain the effecti ve date of September 1, 2000, of the original COAL LEASE COC 61209, and i5 effective for a <br />period of 30 years therefrom, and for so long theruafizr as coal is produced in comtnercial quantifies from the leased lands, subjccl to <br />readjustment of lease terms at the end of the 30th lease year (September I, 2030), and each !0-year period thereafter. <br />Sec. 1. This Icase is issued pursuant and subject to the temts and provisions of the Mineral Lands T_ctsing Act of 1920, as amended, <br />41 Stut. 437, 30 U.S.C. 1 R1-267, hereinafter referred to as the Acrnnd [n thz regulations and formal orders of the Secretary of the Tn[erinr <br />which are now or hereafter in force, whin nn[ inconsistent with the exprzss and syecific provisions herein. <br />Sec. 2. Lessee as the holder of Coal Lease COC 51309, issued eft'ec[ive September I , ?000, was granted the exclusive right and privilege to <br />drill for, mind, extract, remove or otherwise process and dispose of the tool deposits in, upon, or under the lands described below as <br />• Trac[ 1. <br />The Lessor in consideration of fair market value, rents and myaltizs to he paid, and [Ile conditions and covenants [o be observed as herein <br />se[ forth, hereby grans and Icaszs to lesscz the exclusive right and privilege m drill for, mine, extract, remove, nr otherwise process and <br />dispose of the cool deposits in the H and D scums in the lands described below as • a ~. <br />Original Lzase <br />Trac 1: T.I2 S., R. 91 W., 6'h P.M. <br />sec. 33, lots I [n 3, inclusive, 6 [o I I, inclusive, f4 lu 1G, inclusive, SE'/aNW'/a, and SYzNE'/+; <br />sec. 34, lots 1 to le, inclusive, and SVrN'h; <br />T. 13 5., R. 91 W., 6°' P.M. <br />sec. 3, SW'/aNWt/a, NW'!«SWVi, and EhSW'!+; <br />sec. 3, lots 1 W 4. inclusive, S'i5N44, and NViS'h; <br />SCL'. 4. lots I to 4, inclusive, S'hN%'i, and Si4; ~;t , <br />sec. 5, SE'/aSW'/, and SISSE'/.; <br />sec. 8. NEVI; <br />sec. 9, NWt/a~ and N'fiSW'/.; <br />sec. 11, N8%aNV/y. ~ - <br />3 ~1U.8: access, Delta Counly, Cniorado. ~ ' ', <br />,J <br />Modification ,,. i <br />w ' <br />Trac[ 3: 'I'• t 3.. R. 91 W.. 4th P~hf. <br />xac. 9, NEV+SW'kSW[!,, and SB!4SW!4. <br />. 50.00 acres. Delta County. C]uloradn <br />Containing 3;560.63 acres, mnrr nr Izss, togctncr wiFlt the right to eon true[ such works, bµildinas, p1unW, structures, caluipntent and <br />appliances and tl?e fight [o use sµeh on-lease rights-of•way which stay bz necessary and xnvenicnt in the exercise of tbz rtgnts and <br />privileges grnnled, subjcut to [he coadi¢ons harcin Providul. <br />TR-=; I <br />