Term Royalty Agreement Sample Contracts

TERM ROYALTY AGREEMENT
Term Royalty Agreement • October 24th, 2019 • Cloud Peak Energy Inc. • Bituminous coal & lignite surface mining • New York

THIS TERM ROYALTY AGREEMENT (this “Agreement”) is made and entered into this 24th day of October, 2019 (the “Effective Date”) by and between Navajo Transitional Energy Company, LLC, a limited liability company formed under the laws of the Navajo Nation and having a mailing address of 4801 N. Butler Ave., Bldg. 200, Farmington, New Mexico 87401 (“NTEC” or “Payor”), to Cloud Peak Energy Resources LLC, a limited liability company formed under the laws of Delaware and having a mailing address of 385 Interlocken Crescent, Suite 400, Broomfield, Colorado 80021 (“Payee”). Payor and Payee may be collectively referred to herein as the “Parties” or individually as a “Party.”

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