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<br />7.,. All. <br /> <br />Page 6 <br /> <br />STATE OF CALIFORNIA - STATE LANDS COMMISSION <br /> <br />LEASE P.R.C. NO. <br /> <br />This Lease shall become effective only when approved by and executed on behalf of the State Lands <br />Conunission of the State of California and a duly executed copy has been delivered to Lessee. The submission <br />of this Lease by Lessor, its agent or representative for examination by Lessee does not constitute an option or <br />offer to lease the Lease Premises upon the terms and conditions contained herein, or a reservation of the Lease <br />Premises in favor of Lessee. Lessee's submission of an executed copy of this Lease to Lessor shall constitUte <br />an offer to Lessor to lease the Lease Premises on,the terms and conditions set forth herein. <br /> <br />IN WITNESS WHEREOF, the parties hereto have executed this Lease as of the date hereafter affIXed. <br /> <br />LESSEE <br /> <br />STATE OF CALIFORNIA <br />STATE LANDS COMMISSION <br /> <br />By: <br /> <br />Title: <br /> <br />Date: <br /> <br />ACKNOWLEDGEMENT <br /> <br />This Lease was authorized by the <br />California State Lands Commission on <br /> <br />(Month <br /> <br />Day Year) <br /> <br />Form 51.15 (Rev. 4/96) <br />