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THIS SECON)EXTENSION TO LEASE AGREEMENT (hereinafter "Second Extension ") <br />is entered into thisa3''` y of August 2011, by and between the City and County of Broomfield, a <br />Colorado Municipal Corporation and County (hereinafter "Broomfield ") and Pioneer Sand Company, <br />Inc., a Colorado Corporation (hereinafter "Pioneer "). Broomfield and Pioneer agree to extend the term <br />of the April 8, 2010 Lease Agreement (the "Lease," copy attached hereto as Exhibit A) as follows: <br />1, Term. This Second Extension shall be for a term of one (1) year commencing on <br />September 1, 2012 and terminating on August 31, 2013. The lease may be further extended for up to <br />20.70 acre-feet of Leased Water per year for further successive one (1) year periods upon written <br />agreement of the parties executed at least 12 months prior to the last day of the Term. <br />2. Other Lease Terms Unchanged. Except as expressly set forth above, all terms and conditions <br />of the April 8, 2010 Lease Agreement shall remain unchanged, and the terms of said Lease Agreement <br />are hereby incorporated into this Second Extension. <br />IN WITNESS WHEREOF the parties hereto have caused this agreement to be executed the day <br />and year first above written. <br />ATTEST: <br />1,t�,l.l1t) <br />City and County Cie <br />Of <br />/ <br />SECOND EXTENSION TO LEASE AGREEMENT <br />CITY AND COUNTY OF BROOMFIELD, <br />a Colorado Municipal Corporation and County, <br />By: <br />Charles Ozaki, City 641 County Manager <br />APPROVED AS TO FORM: <br />illiam A. Tuthill, City and County Attorney <br />PIONEER SAND COMPANY, INC., <br />a Colorado Corporation <br />