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Sec. 10. MODIFICATION OF LICENSE- - <br />(a) The licensee may request a modification of the exploration plan if geologic or other conditions warrant. <br />(b) The authorized officer may adjust the terms and conditions of the license, including the stipulations or <br />the Uncompahgre Field Office Manager may direct adjustment in the exploration plan when unforeseen <br />conditions are encountered that could result in substantial surface disturbance or damage to the environment <br />or to improvements, or when geologic or other physical conditions warrant. <br />(c) Any modification of the exploration plan is subject to approval by the Uncompahgre Field Office <br />Manager. <br />Sec. 11. RELINQUISHMENT OF LICENSE - -The licensee may relinquish this license, in whole or in part, <br />by filing in the Colorado State Office a written relinquishment. The relinquishment shall be effective the date <br />it is filed, subject to the continued obligation of the licensee and his surety: (a) to comply with the terms and <br />conditions of the license, the exploration plan, and the regulations and, (b) to provide for the preservation of <br />any permanent improvements on the licensed lands. <br />Sec. 12. REVOCATION OF LICENSE- -This license may be revoked for noncompliance with the terms and <br />conditions of the license, the approved exploration plan, or the regulations after the licensee has been notified <br />of such violation and the licensee has failed to correct the violation within the time specified in such notice. <br />Sec. 13. EQUAL OPPORTUNITY CLAUSE - -This license is subject to the provisions of Executive Order <br />No. 1 1246 of September 24, 1965, as amended, which sets forth the nondiscrimination clauses. A copy of <br />this order may be obtained from the issuing office. <br />Sec. 14. STIPULATIONS - -SEE ATTACHMENT A <br />This license consists of the terms and conditions in Sec. 1 through 14 on four pages, of which this is the <br />fourth page, the attached FONSI, Attachment A and Item A which explains minimum requirements for <br />plugging drill holes, and Item B which outlines the requirements for submission of drilling and abandonment <br />information. <br />OXBOW MINING, LLC <br />By: <br />Name: /9, c.h AEI tJ L c <br />Date: <br />/oil 4I rZ <br />UNITED STATES OF AMERICA <br />Name: Lonny Bagley <br />Title: Eie.tk431 ac.e Pi f _ l . Title: Deputy State Director <br />Division of Energy, Lands, and Minerals <br />Date: ©t fA I ca / & 12. <br />4 <br />