Royalty Agreement and Option Sample Contracts

ROYALTY AGREEMENT AND OPTION (American West Potash)
Royalty Agreement and Option • May 2nd, 2014 • Prospect Global Resources Inc. • General bldg contractors - residential bldgs • Arizona

THIS ROYALTY AGREEMENT AND OPTION (“Royalty Agreement”), dated as of April 29, 2014, is made by and between American West Potash, LLC, a Delaware limited liability company (the “Company”), and Grandhaven Energy, LLC, a Wisconsin limited liability company (“Grandhaven”) (sometimes referred to collectively, as the “Parties,” and individually, as a “Party”) with reference to the following facts and intentions:

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