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Geothermal Lease Sample Contracts

GEOTHERMAL LEASE
Geothermal Lease • February 8th, 2005 • Brady Power Partners • Electric services • Nevada

Standard Contracts

GEO'I'HERMAL LEASE AND AGREEMENT
Geothermal Lease • March 1st, 2012 • Nevada Geothermal Power Inc • Electric services

THIS GEOTHERMAL LEASE AND AGREEMENT (hereinafter referred to as the. "Lease"), is made and entered into this 28th day of March 2007 (the “Effective Date”), by and between:

Recitals
Geothermal Lease • July 21st, 2004 • Ormat Technologies, Inc.
GEOTHERMAL LEASE NO.
Geothermal Lease • October 27th, 2022

THEREFORE, subject to the terms and conditions of this Lease, His Majesty grants to the Lessee, insofar as His Majesty has the right to grant the same, the non-exclusive right to explore for, develop and recover the geothermal resources within the Location, together with the right to remove from the Location any geothermal resources recovered, for the term of five years computed from the Term Commencement Date and, subject to the Mines and Minerals Act, for so long after the expiration of that term as this Lease is permitted to continue under that Act.

DUPLICATE ORIGINAL
Geothermal Lease • September 25th, 2007 • Nevada Geothermal Power Inc • Miscellaneous metal ores
LEASE AMENDMENT #189093
Geothermal Lease • January 14th, 2009 • Nevada Geothermal Power Inc • Miscellaneous metal ores

LEASE AMENDMENT ("Amendment") made as of March 31, 2008 between NEVADA LAND AND RESOURCE COMPANY, LLC, a Nevada Limited Liability Company (hereinafter "NLRC"), and NGP BLUE MOUNTAIN I, LLC as successor to NEVADA GEOTHERMAL POWER CO, (hereinafter Lessee").

NEVADA LAND & RESOURCE COMPANY, LLC 3480 GS Richards Boulevard, Suite 101 - Carson City, NV 89703 -Tel 775.885.5000 - Fax 775.885.5005
Geothermal Lease • September 25th, 2007 • Nevada Geothermal Power Inc • Miscellaneous metal ores

Please be advised that effective October 3, 2006, a portion of the land subject to the aforementioned lease was conveyed and is under new ownership. Attached is a lease assignment that provides the name and address of the new owner. Also attached is a lease amendment, reducing the acreage of your lease for that property which was conveyed.