CYPRESS, INC. COMPLETION CHECKLIST ZORRO RANCH PROPERTY TRANSFER Last Revised: 2/9/2012 Document __ Office | Requirements Status Deadline Special Santa Fe County e File notarized deed Filed (done) N/A Warranty Deed | Clerk from Zorro to Cypress Quitclaim Deed | Santa Fe County e File notarized deed Filed (done) N/A from Epstein to | Clerk Cypress Assignment of | State Land Office e Obtain old bond from | Waiting for bond | N/A Right of Way Melissa Armijo M. Armijo (received copy from 30137 a conf. email from Melissa Armijo Armijo 1/31) e Obtain new bond covering damage e File new bond with Completed Assignment e $50.00 filing fee e Land Commissioner approval Assignment of | State Land Office * Complete Submitted to N/A State Lease Theresa Montoya Assignment form SLO 1/31/2012 GR 2088 e $50.00 filing fee and awaiting 7 Land Commissioner approval e Land Commissioner approval Assignment of | State Land Office * Complete Submitted to NIA State Lease Theresa Montoya Assignment form SLO 1/31/2012 GR 2122 e $50.00 filing fee and awaiting . Land Commissioner approval e Land Commissioner approval Application for | Santa Fe County e Complete Special DGG to prepare | February 29, Agricultural Assessor Use Application 2012 Valuation Daniel Kin e Include Lessee | information with Tax ID e Attach copy of Lease e Include copy of deed showing property transfer Transfer BLM Bureau of Land e Complete lease Application March 15, 2012 Lease Management Taos application lease based on Field Office e = Transferor and prior permit Jacob Youn Transferee information i acknowledgment * $10 filing fee 2285346.doc EFTA00285827

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Document ___ Office Requirements Status Deadline Brand Card New Mexico * Complete Application | Requires Tracks BLM Name Change_| Livestock Board « $100 change fee Cypress Transfer | |» $175 renewal fee execution Water Rights Office of State e Form WRO02 Requires N/A Change Engineer (Alb e Signature for Cypress Ownership Division) Cypress execution E-05509 i Water Rights Office of State e Form WRO02 Requires N/A Change Engineer (Alb Signature for Cypress Ownership Division) Cypress execution E-06008 David Anderson ———__ #8€§€§=~ Water Rights Office of State e Form WRO2 Requires N/A Change Engineer (Alb Signature for Cypress Ownership Division) Cypress execution E-06009 David Anderson Water Rights Office of State e Form WRO02 Requires N/A Change Engineer (Alb Signature for Cypress Ownership Division) Cypress execution E-06010 David Anderson Water Rights Office of State e Form WRO2 Requires N/A Change Engineer (Alb e Signature for Cypress Ownership Division) Cypress execution E-06478 David Anderson —_ 8€8€§=~~ Water Rights Office of State e Form WRO02 Requires N/A Change Engineer (Alb Signature for Cypress Ownership Division) Cypress execution E-07871 David Anderson Water Rights Office of State e Form WRO2d Requires N/A Change Engineer (Alb e Signature for Cypress Ownership Division) Cypress execution E-08976 David Anderson ——e Application to State Land Office ¢ Application to Requires Must be filed Sublease GR Sublease showing Cypress within 30 days 2088 Chavez as execution of entering into Sublessee sublease | |.» $200 sublease fee Application to State Land Office e Application to Requires Must be filed Sublease GR Sublease showing Cypress within 30 days 2122 Chavez as execution of entering into Sublessee sublease e $200 sublease fee Livestock BLM e Complete form in DGG to prepare | File after Control connection with transfer to Agreement | Chavez sublease Cypress Bill of Sale for e Form available w/ Requires Cattle NM Livestock Board | Cypress execution 2285346.doc2 EFTA00285828

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2285346.doc3 EFTA00285829