ex10_3.htm


     

    
      QUIT CLAIM MINERAL
DEED

       

      THIS
INDENTURE, made the 9th
day of April, 2010, between RUSSELL B.

      PACE,
JR., of 2139 Bybee's Church Road, Palmyra, Virginia 22963, "Grantor", to TEEN
GLOW MAKEUP, INC. (name change to American Power Corp. in process), a Nevada
Corporation, of 16 Market Square Centre, 1400 16th
Street, Suite 400, Denver, Colorado, "Grantee".

       

      WITNESSETH:

       

       

      Grantor,
for good and valuable consideration paid to him by Grantee, the receipt of which
is hereby acknowledged, does hereby convey, remise, and forever quit claim unto
Grantee, and to its successors and assigns forever, all mineral rights located
under real property in Judith Basin County, Montana as described on the attached
Exhibit A which by this reference is a part hereof. This transfer does not
include any Coal rights.

       

      This
property comes with all tenements, hereditaments, and appurtenances thereto
belonging and also all of the estate, right, title, interest, property,
possession, claim and demand whatsoever, as well in law as in equity, of the
Grantor, of, in, or to the premises to have and to hold with the appurtenances
unto Grantee and to its successors and assigns forever. This deed transfers all
mineral rights (except Coal), all oil rights and all gas rights owned by Grantor
in the property described on the attached Exhibit A.

       

      The
Grantee shall also obtain all surface use rights now held by Grantor as derived
and described in the Quit Claim Deed dated March 1, 1965 and recorded in Book
156, Page 186 at the Judith Basin County Clerk and Recorder office. The surface
rights described in that deed consist of the right to use such surface as may be
necessary for exploring for and mining or otherwise extracting and carrying away
said minerals. That deed also provides Grantor and its successors and assigns
the full power to take all usual, necessary and convenient means for working,
getting out, laying up, dressing, making merchantable and the taking away of
said coal without liability or responsibility for any depression or subsidence
of or injury or damage to the surface of said premises or the buildings or
machinery thereon in any manner caused by the working, getting out, laying up,
or carrying away of said minerals.

      


      Reserving,
however, to the Grantor and his heirs, successors and assigns, a Royalty
interest in and to all the mineral rights including oil and gas, but excepting
coal, in, under or that may be produced or mined from the above described lands,
equal to twenty percent (20%) of all royalties, fees, or other payments received
by the then owner of said mineral rights from the lease of said mineral rights
or any portion thereof, and twenty percent (20%) of all net cash proceeds and/or
other considerations received by the then owner of said mineral rights from the
sale or other disposition of said mineral rights, or any portion thereof, with
the further right of Grantor to receive a full accounting of all information
needed to support his right to the royalty payments due, said Royalty to be
delivered to Grantor free of all costs of production.

       

      IN
WITNESS WHEREOF, the Grantor has set his hand & seal the day and year first
hereinbefore written.

      /s/Russell B Pace
Jr.

      RUSSELL
B. PACE JR.

      
 

      
        	
                STATE
      OF MONTANA )

                :
      ss.

                County of FERGUS)

              


      

       

      


       

      On this
9th day
of April, 2010, before me, the undersigned, a Notary Public for the State of
Montana, personally appeared, RUSSELL B. PACE, JR., known to me to be the person
whose name is subscribed to the within instrument and acknowledged to me that he
executed the same.

      [Missing Graphic Reference]

       

      IN
WITNESS WHEREOF, I have hereunto set my hand and affixed my official Notarial
Seal the day and year first hereinabove written.

       

      /s/ Robin
Fleming

      Robin
Fleming

      Notary
Public for the State of Montana

      Residing
at: Lewistown, MT

      My Commission expires: March 15,
2011

      QUIT CLAIM COAL MINERAL
DEED

       

          THIS
INDENTURE, made the 9th day
of April, 2010, between JBM

      ENERGY
COMPANY, LLC., of 2139 Bybee's Church Road, Palmyra, Virginia 22963, "Grantor",
to TEEN GLOW MAKEUP, INC. (name change to American Power Corp. in process), a
Nevada Corporation, of 16 Market Square Centre, 1400 16w
Street, Suite 400, Denver, Colorado, "Grantee".

       

      WITNESSETH:

       

          Grantor, for
good and valuable consideration paid to it by Grantee, the receipt of which is
hereby acknowledged, does hereby
convey, remise, and forever quit claim unto Grantee, and to its
successors and assigns forever, all coal rights located under real property in
Judith Basin County; Montana as described on the attached Exhibit A which by
this reference is a part
hereof. This transfer includes only Coal rights.

       

          This property
comes with all tenements, hereditaments, and appurtenances thereto belonging and
also all of the estate, right, title, interest, property, possession; claim and
demand whatsoever, as well in law as in equity, of the Grantor, of, in, or to
the premises to have and to hold with the appurtenances unto Grantee and to its
successors and assigns forever. This deed transfers all Coal rights that the
Grantor owns.

       

          The Grantee
shall also obtain all surface use rights now held by Grantor as derived from its
successors and described in the Quit Claim Deed dated March 1, 1965 and recorded
in Book 156, Page 186 at the Judith Basin County Clerk and Recorder office. The
surface rights described in that deed consist of the right to use such surface
as may be necessary for exploring
for and mining or otherwise extracting and carrying away said coal. That
deed also provides Grantor and its successors and assigns the full power to take
all usual, necessary and convenient means for working, getting out, laying up,
dressing, making merchantable and the taking away of said coal without liability
or responsibility for any depression or subsidence of or injury or damage to the
surface of said premises or the buildings or machinery thereon in any manner
caused by the working, getting out, laying up, or carrying away of said
coal.

       

          Reserving,
however, to the Grantor and its successors and assigns, a Royalty interest in
and to all the coal, in, under or that may be produced or mined from the above
described lands, equal to Twenty Five Cents ($0.25) per ton of coal as and when
mined or otherwise utilized, with the further right to Grantor to receive
a full accounting of all information needed to support its right to the royalty payments due, said
Royalty to be delivered to Grantor free of all costs of production.

       

      IN
WITNESS WHEREOF, the Grantor has set his hand & seal the day and year first
hereinbefore written.

      By: /s/ Russell B. Pace,
Jr.

      JBM
ENERGY COMPANY, LLC

      A
Delaware Limited Liability Company RUSSELL B. PACE, JR. Manager

      


       

      On this
9th day
of April, 2010, before me, the undersigned, a Notary Public for the State
of

       

      Montana,
personally appeared, RUSSELL B. PACE, JR. in his capacity as Manager of JBM
Energy Company, LLC, known to me to be the person whose name is subscribed to
the within instrument and acknowledged to me that he executed the
same.

       

      IN
WITNESS WHEREOF, I have hereunto set my hand and affixed my official Notarial
Seal the day and year first hereinabove written.

       

       

      


      /s/ Robin
Fleming

      Robin
Fleming

      Notary
Public for the State of Montana 

      Residing
at: Lewistown, MT 

      My Commission expires: March 15,
2011