MINERAL LEASE WITH OPTION TO PURCHASE AGREEMENT BETWEEN [1] (AS TRUSTEE), [2] AND [3] INC.Mineral Lease With Option to Purchase Agreement • October 14th, 2020 • Nevada
THIS MINERAL LEASE AGREEMENT, dated as of this ______ day of January, 200__ (“Effective Date”), is between [1], as Trustee of The [4] Family Revocable Trust under instrument dated ________, 200__ (such Trust became irrevocable on the death of [4] on _______, 200__), and [2] (referred to (together or to either of them, as the context requires) as “Lessors”, and individually as “[1a]” and “[2a]”, respectively) and [3] Inc., a Nevada corporation (referred to as “Lessee”). [1a], [2a], and the Lessee are each sometimes referred to individually as “Party” and collectively as “Parties.” Unless an initial or original Party (i.e., the Parties named above originally executing this instrument) is specified, a Party includes successors of a party; such successors are treated as Parties of the same type (Lessor or Lessee) as the Party to which they are the successor. Notwithstanding anything in this Agreement to the contrary, the rights (except to terminate this Agreement, which right is subject t
