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E. The WGF Enterprise did not request that Participant pay <br />any share of the cost of the Fourth Phase of the Project during 2011. <br />F. The WGF Enterprise estimated that Participant's pro rata <br />share of the cost of the Fourth Phase of the Project was $3 L330 for the <br />2012 calendar year. Participant paid the WGF Enterprise its pro rata share <br />of the estimated 2012 calendar year costs. <br />G. The WGF Enterprise estimates that Participant's pro rata <br />share of the cost of the Fourth Phase of the Project is $31,330 for the <br />second half of the 2012 calendar year for remaining environmental and <br />permitting tasks, contracting with U.S. Bureau of Reclamation, and other <br />obligations related to mitigation and environmental enhancement. <br />Participant will pay the WGF Enterprise its pro rata share of the second <br />half of the 2012 calendar year costs on or before October 1, 2012. This <br />estimated cost will not be increased or exceeded without the prior <br />approval of Participant. <br />If the Fourth Phase of the Project cannot be completed within these <br />estimated costs, the WGF Enterprise is not obligated to complete the <br />Fourth Phase of the Project for the benefit of Participant unless sufficient <br />additional pro rata funds as determined by the WGF Enterprise are <br />provided by Participant. Attached hereto as Exhibits A. B, C, D, E and F <br />are tables showing the pro rata share of the costs of the Project for each <br />Participant for 2006, 2008, 2009, 2010, January 2012 and October 2012 <br />based upon then-current allocations of capacity in the Project. <br />2. Ali other terms and conditions of the Agreement shall continue in full force and <br />effect except as specifically amended herein. <br />MUNICIPAL SUBDISTRICT, NORTHERN <br />COLORADO WATER CONSERVANCY <br />DISTRICT, ACTING BY AND THROUGH <br />THE WINDY GAP FIRMING PROJECT <br />WATER ACTIVITY ENTERPRISE <br />By: . p 4, /d By: <br />Name: 40 be-rf I Q, MI tale) Name: 0.-04,4 cir0 <br />Title: Ay 614-' Title: <br />Page 2 of 2 <br />