ContractLease Agreement • September 16th, 2009 • U S Precious Metals Inc • Metal mining
LEASE AGREEMENT ENTERED BY AND BETWEEN ENG. SALOMON ROSALES LIRA, AS LESSOR, AND US PRECIOUS METALS DE MEXICO SA DE CV, AS LESSEE, REPRESENTED HEREIN BY ENG. CARLOS BECERRA DAVALOS, REGARDING THE WAREHOUSE LOCATED AT AV. JACARANDA 119. THE CONTRACTING PARTIES AGREE TO BE SUBJECT TO THE FOLLOWING:
BACKGROUNDAgreement • September 16th, 2009 • U S Precious Metals Inc • Metal mining
Whereas, on August 20, 2007, USPM and the Owners executed a Temporary Occupancy and Easement Rights Agreement (the “Original Agreement”), whereby the Owners granted to USPM an exclusive right to use and occupy the lands of their ownership that partially cover the mining lots where the mining concessions of USPM are located, set forth in Annex A of the Original Agreement (the “Mining Concessions”).
RECITALSU S Precious Metals Inc • September 16th, 2009 • Metal mining
Due the late recitals and agreements mutually made by “THE PARTIES” in this instrument, “THE PARTIES” agrees to grant each other, the following:
