How long will my lease be in effect?

Commodity Initial Term Period of Renewal or Readjustment (a) Phosphate Indeterminate Subject to readjustment at the end of each 20 year period. (b) Sodium 20 years Can be renewed for 10 years at the end of the initial term and for following 10 year periods. (c) Potassium Indeterminate Subject to readjustment at the end of each 20 year period. (d) Sulphur 20 years Can be renewed for 10 years at the end of the initial term and for following 10 year periods. (e) Gilsonite 20 years and for as long thereafter as gilsonite is produced in paying quantities Subject to readjustment at the end of each 20 year period. (f) Hardrock Minerals not to exceed 20 years Can be renewed for 10 years at the end of the initial term and for following 10 year periods. (g) Asphalt 20 years Can be renewed for 10 years at the end of the initial term and for following 10 year periods.