Additional Earned Royalty Clause Samples
Additional Earned Royalty. For and in additional consideration for the granting of their Consent to Partial Sublease to CCLR in order that CCLR may enter into the Armstrong Sublease for its contribution of the Rogers Deep #9 Coal to Armstrong Coal, CCLR hereby agrees to pay to ROGERS an additional earned royalty equal to one percent (1.0%) of the gross proceeds for each ton of Rogers Deep #9 Coal of 2,000 pounds mined, removed, and sold from the #9 Subleased Premises, subject to the 1947 Mineral Lease, as amended, supplemented, and extended, for a total earned royalty of six percent (6.0%) of the gross proceeds thereunder relating to the Rogers Deep #9 Coal lying north of the south right-of-way of the Wendell Ford Parkway (formerly known as the Western Kentucky Parkway), incorporated herein by reference, described on Exhibit A and depicted on Exhibit B attached hereto and made a part hereof, for and during the term of the 1947 Mineral Lease, as amended, supplemented, and extended, from time to time.
