Common use of Grant of Royalty Clause in Contracts

Grant of Royalty. a. In accordance with the terms and conditions of the Original Agreement as amended by the First Amendment and this Royalty Agreement the Company has granted, sold and conveyed and by these presents does grant, sell and convey unto Karlsson (i) an undivided two percent (2%) of one hundred percent (100%) of the Gross Sales of all Authorized Minerals sold by the Company from the Apache Lands plus (ii) an amount equal to twenty-five percent (25%) of all amounts received by the Company from HNZ pursuant to the Agreement dated April 23, 2012 by and between HNZ and AWP (the “HNZ Royalties”), a copy of which is attached to the Original Agreement (collectively, the “Royalty”).

Grant of Royalty. a. In accordance with the terms and conditions of the Original Agreement as amended by the First Amendment and this Royalty Agreement the Company has granted, sold and conveyed and by these presents does grant, sell and convey unto Karlsson (i) an undivided two percent (2%) of one hundred percent (100%) of the Gross Sales of all Authorized Minerals sold by the Company from the Apache Lands AWP Area plus (ii) an amount equal to twenty-five percent (25%) of all amounts received by the Company from HNZ pursuant to the Agreement dated April 23, 2012 by and between HNZ and AWP the Company (the “HNZ Royalties”), a copy of which is attached to the Original Agreement (collectively, the “Royalty”).

Grant of Royalty. a. In accordance with the terms and conditions of the Original Agreement as amended by the First Amendment Amendment, the Second Amendment, and this Royalty Agreement the Company has granted, sold and conveyed and by these presents does grant, sell and convey unto Karlsson (i) an undivided two three percent (23%) of one hundred percent (100%) of the Gross Sales of all Authorized Minerals sold by the Company from the Apache Lands AWP Area plus (ii) an amount equal to twenty-five percent (25%) of all amounts received by the Company from HNZ pursuant to the Agreement dated April 23, 2012 by and between HNZ and AWP the Company (the “HNZ Royalties”), a copy of which is attached to the Original Agreement (collectively, the “Royalty”).

Grant of Royalty. a. In accordance with the terms and conditions of the Original Agreement as amended by the First Amendment Amendment, the Second Amendment, and this Royalty Agreement the Company has granted, sold and conveyed and by these presents does grant, sell and convey unto Karlsson (i) an undivided two three percent (23%) of one hundred percent (100%) of the Gross Sales of all Authorized Minerals sold by the Company from the Apache Lands plus (ii) an amount equal to twenty-five percent (25%) of all amounts received by the Company from HNZ pursuant to the Agreement dated April 23, 2012 by and between HNZ and AWP (the “HNZ Royalties”), a copy of which is attached to the Original Agreement (collectively, the “Royalty”).