Rocky Mountain Industrials (RMRI) 10-Q 2017 Q3 Quarterly report

Exhibit 10.14

LEASE ASSIGNMENT AGREEMENT

This Agreement, made this1st day ofDecember, 2016, by and betweenCALX MINERALS, LLC(hereinafter called "Transferor"),RMR INDUSTRIALS, INC. (hereinafter called "Transferee") and Komatsu Financial Limited Partnership (hereinafter called "KF").

WITNESSETH:

WHEREAS, Transferor, as lessee, and KF, as lessor, heretofore entered into leasecontract777-0140059-006, datedDecember 28th,2015, covering the following property (hereinafter collectively called the "Property"):

D155AX-6 S/N 81287 

which lease provides for the payment by Transferor of aggregate rentals in the amount of$3,375.61, and further provides that Transferor shall not assign Transferor's interest, as lessee, in said lease and Property, and there remains unpaid under said lease rentals in the amount of $128,273.18 payable in38 rentals, commencing10/28/16 and on the28th of each month thereafter.

NOW, THEREFORE, Transferor, for and in consideration of one dollar and other valuable consideration paid to Transferor by Transferee, hereby transfers and assigns to Transferee all of Transferor's interest, as lessee under said lease, in and to the said lease and Property.

In consideration of KF's consent to said transfer and assignment, Transferor and Transferee hereby promise jointly and severally to pay to KF the unpaid balance of the rentals as above stated, and Transferee hereby assumes all of the obligations of Transferor under said lease as though Transferee were the original lessee of the Property.

It is further agreed that Transferor is in no way released from the obligations set forth in said lease but is still firmly bound, and Transferor consents that KF may, without notice to Transferor and without releasing Transferor's liability, elect any remedy and compound or release any right against, and grant extensions of time to, Transferee.

The Property is now at1 TRANSFER TRAIL GLENWOOD SPRINGS, CO 81602, and will hereafter be kept at9301 Wilshire Blvd.,Suite 312, Beverly Hills, CA 90210 but shall not become part of the real estate.

IN WITNESS WHEREOF, we have hereunto set our hands the day and year first above written.

CALX MINERALS, LLC	By:	/s/ John Skadow	CFO
Transferor		Title
1 TRANSFER TRAIL
Glenwood Springs, CO 81602
Address
RMR INDUSTRIALS, INC.	By:	/s/ Michael Okada	CFO
Transferee		Title
9301 Wilshire Blvd.,Suite 312,
Beverly Hills, CA 90210
Address

Upon the express agreement that Transferor remain liable on said lease and the Transferee assume the aforesaid obligations and that said lease is to remain in full force and effect, KF hereby consents to the assignment by Transferor to Transferee of Transferor's interest in said lease and Property.

KOMATSU FINANCIAL LIMITED PARTNERSHIP
By:	/s/ Nico Sich	Finance Representative
	Title