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EFTA01305269 ZORRO RANCH 49 ZORRO RANCH ROAD STANLEY, NM 87056 TELEPHilli FAX: E MAIL July 6,2006 Reference: GR-2122 Mr. Leroy A. Ulibarri Surface Resources Division NM State Land Office PO Box 1148 Santa Fe NM 87504-1148 Dear Mr. Ulibarri, As per our conversation May 16, 2006, I have attached a completed ap

AL RENTAL BASE VALUE X CARRYING CAPACITY X ACREAGE X ECONOMIC VARIABLE INDEX (EVI), AS DEFINED BY SLO RULE 8 "RELATING TO AGRICULTURAL LEASES" (19 N.M.A.C. 3, SLO 8.11). IN NO EVENT SHALL THE PRODUCT OF THE APPLICATION OF THE EVI, FOR EACH SUCCESSIVE YEAR OF THE LEASE TERM, BE DECREASED OR INCREASED BY M

Zorro Trust 49 Zorro Ranch Road Stanley, NM 87056 Ph: 505 938 2920 Fax: 505 938 2924 E mail State of New Mexico Commissioner of Public Lands Surface Resources Division P.O Box 1148 Santa Fe NM 87504-1148 2011 AUG 29 fill 7 50 Aug 23m, 2011 Reference: Sublease Renewal 2011-2012 — Agricultural Lease No. GR-2122-

L RENTAL a BASE VALUE X CARRYING CAPACITY X ACREAGE X ECONOMIC VARIABLE INDEX (EVI), AS DEFINED BY SLO RULE 8 "RELATING TO AGRICULTURAL LEASES" (19 N.M.A.C. 3, SLO 8.11). IN NO EVENT SHALL THE PRODUCT OF THE APPLICATION OF THE EVI,FOR EACH SUCCESSIVE YEAR OF THE LEASE TERM,BE DECREASED OR INCREASED BY MOR

013 and will expire on September 30, 2016. If you have any questions lease feel free to contact me at the address above or at Sin Julian Ortiz Surface Resources Division NM State Land Office end. SDNY_GM_00173595 EFTA_00 195250 EFTA01305495 Ray Powell, M.S., D.V.M. COMMISSIONER Cypress Inc. 49 Zorro Ranch Rd

RENTAL gm BASE VALUE X CARRYING CAPACITY X ACREAGE X ECONOMIC VARIABLE INDEX (EVI), AS DEFINED BY SLO RULE 8 "RELATING TO AGRICULTURAL LEASES" (19 N.M.A.C. 3, SLO 8.11). IN NO EVENT SHALL THE PRODUCT OF THE APPLICATION OF THE EVI,FOR EACH SUCCESSIVE YEAR OF THE LEASE TERM,BE DECREASED OR INCREASED BY MOR

expire on September 30, 2006. If you have an uestions, please feel free to contact me at the address above or at Sincerely, Leroy A. Ulibarri Surface Resources Division NM State Land Office end. -Stole Land Office Beneliefariet • CMS Tinley BosMul • Clarinble Petal & Reform • Common Senn* • EartemNM Uritrrany • R

L RENTAL = BASE VALUE X CARRYING CAPACITY X ACREAGE X ECONOMIC VARIABLE INDEX (EVI), AS DEFINED BY SLO RULE 8 "RELATING TO AGRICULTURAL LEASES" (19 N.M.A.C. 3, SLO 8.11). IN NO EVENT SHALL THE PRODUCT OF THE APPLICATION OP THE EVI,FOR EACH SUCCESSIVE YEAR OF THE LEASE TERM,BE DECREASED OR INCREASED BY MOR