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ROCK REMOVAL LEASE AND AGREEMENT <br />THIS AGREEMENT made and entered into this 2nd day of June 2011, by <br />and between Thomas C. Fisher, 145 Oakwood Drive, Naples, Florida 34110 <br />(Lessor), Wolf Creek Associates, LLC, 8775 SW 133 Street, Miami, Florida <br />33176 (WCA), and KW Enterprises, 91 South Sky Lane Durango Colorado <br />81303 (Lessee). <br />WHEREAS, Lessor owns certain lands in Mineral County, Colorado, that are <br />described on Exhibit A hereto (the "Property"); and, <br />WHEREAS, Wolf Creek is entitled to all revenues and royalties derived from the <br />sale of excess rock materials located on the Property (the "Rock"); and <br />WHEREAS, Lessee desires to obtain the right and privilege to enter into and <br />upon the Property for the purpose of removing and, if necessary, mining such <br />Rock as may be found thereon, and processing said Rock as aggregate for <br />commercial purposes with the understanding that no sub - surface mining <br />operating will occur on the Property. <br />NOW, THEREFORE, for and in consideration of the mutual promises herein <br />contained and other good and valuable consideration, the receipt and sufficiency <br />of which is hereby acknowledged, Lessor, WCA and Lessee agree as follows: <br />Lessor demises, leases and lets the Property to Lessee together with all rights - <br />of -ways, easements, and the right to remove the Rock from the Property whether <br />by Lessee or its agents. <br />A $500.00 deposit for minimum royalty will be paid to WCA by the lessee at the <br />beginning of each year as a minimum royalty payment. No additional payments <br />will be made until the extraction of materials exceeds the $500.00 amount in <br />royalty calculations. <br />Lessee shall have and is hereby granted the sole right, license and privilege <br />to enter into and upon the Property for the purpose of mining, processing, <br />mixing aggregate, stockpiling and removing the Rock and any other activities <br />or processes pertaining or incidental to these purposes for the period of 2 (two) <br />years with an option to renew for 2 (two) one -year periods based upon the <br />condition of the mutual agreement of the Parties. In the event the Parties agree <br />to exercise either option, WCA will continue to be the payee for all revenues <br />derived from the sale of the rock materials. <br />1 a. A mining plan will be established and agreed upon in writing before actual <br />mining commences. This does not include exploratory work necessary to <br />develop the plan. The plan shall be prepared to construction industry standards <br />