Nature of Contract
Lease of the surface mining permit 30 site in the Sunol Valley, for operation and development as an aggregate quarry, and related agreements
Date Contract Approved
November 24, 2009
Base rents of $10,420,929 through the expiration fo the current mining permit in 2021, with potential extension rights and royalty payments that could increase the term and revenues under the lease, as set forth therein.