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C` <br />1 <br />18/09 '09 VEN 11:57 FAX 418 692 2420 <br />3.1 <br />cm-amp P0LYC0R INC <br />ARTICLE 3: l,murg <br />Permits. Promptly after the execution of this <br />best efforts to obtain, and thereafter maintain �n go sec shall use ' its n scet eat faille, <br />variances, approvals, licenses and certifications from every governmental es, <br />jurisdicuion, necessary for the operation on the � e Quay. To haven <br />Lessor will o00 + of a Maine Quarry. perate with Lessee, and will join in and execute wherever ne To that It <br />applications, papers, documents and other instruments n th issuance of all <br />Permits. All such applications, papers, documents and other the necessary a sea of free <br />issuance of the Permits shall be prepared b and at the expense of � for the <br />submitted to Lessor for review and approval P aid slams s he <br />the government agencies. It is a pnOx to axecutian and submission i nn to <br />within ten (Z 0) days, or such other �dertake and pattern each review <br />receives such applications papers, documents andd�l instruments �ee in writing, of Le date c n o t <br />give written notice of approval or disapproval dated wi and ifs' Lessor <br />d not <br />deemed to have approved of same. Period, Lessor will be <br />1 1010 <br />of Labor, Bureau. of Labor Statistics issued nearest in time rior <br />the denominator of which Shall be the sein ' P to the Adjustment dat Date and <br />earlier. � the evert said index no f index as it was published on the date five years <br />ea made n the <br />basis of the ' fie' is published or det , the to shall <br />index published and issued in place t ereoi; or on the basis of <br />such other index as reasonably may be acceptable to the parties hereto. <br />2 - Additional Royalty. Althou <br />Dimension gh this lease is granted to Lessee for the purpose 1v ble fi the Property, it is understood and only of Blocks <br />Saved, a certain quantity of waste, scrap, and broken ' addition to Blocks <br />Process. gli ed: that in no event shall Lessee sell b will be wed in the mining <br />amount ids two htmdxed � Marble to third panics which <br />Pent (200%) of the volume ofElizeks Saved during any <br />year daring the Initial Term. Purtberarore, it is agreed that Lessee shall i <br />and without credit against nor ac ate credit b pzu to Lessor <br />Production Royalty, a Waste Royalty of � short by the l Royalty or <br />Sold to third party purchasers. The Waste Royalty rt ton {2000 pounds} of Waste Marble shall be payable to Lessor each calendar q concurrent with the Production <br />tLessee' sell Waste Marble or ariy other ?marble e g o f Y i er e lsesl . } <br />.Prx�luo�rt of ground calcium carbonate a f1n � the Property for use ixi t]i e . <br />'V'i'olation of this provision of ofless� thew To Hundred (200) mesh, <br />P�raph 2.6 shall result in automatic, immediate termination <br />ofthis Agreement and shall entitle Lessor to go upon the Property <br />any and all other remedies available to Lessor for such breac. are Lessee in addition to <br />2.8 Records and Reports. Lessee shall provide to Lessor <br />volume ofBlocks Saved Waste Marble, and Space its $ the amount and <br />means) at or from the Property. Sum reports shall be prepared (by slips or other <br />within thirty (30) days after each calendar quarter and delxvCrd provided to Lessor <br />pant of royalties. Lessor shall ,have the ' to request such simttltaueot additiozud, iltfoun nfo with the <br />copies of'records reasonably necessary atian and <br />y cessary the information <br />the quarter-annual reports which shah be provided t Lessor at the contained in <br />Lessee. and expense of <br />