Specifications include, but are not limited to: Monitor compliance with applicable laws and regulations for royalty processing of natural gas leases. 2.2 Monitor for compliance with the terms stated in Sections 4, 5, 8 and 9 of the Oil and Gas Lease, effective October 4, 2006, by and between the Board, the City of Dallas and the City of Fort Worth and Chesapeake Exploration Limited Partnership (herein called "Chesapeake") royalty payments from Chesapeake to the Board. Contractor shall verify that payments are correct. If payment errors are discovered, Contractor shall provide data evidencing the error and recommend method(s) to obtain correct royalty amount( s). Within 15 business days of Contractor's access to the monthly royalty payment data, 2.3 Contractor shall provide the Board a definitive statement regarding the accuracy of the payments. This statement shall be in writing and signed by an authorized Contractor representative. 2.4 Utilize the Trust Mineral Management System (herein called "TMMS") to account for total royalty and royalty by well, including, but not limited to, monthly, year-to-date and year-end statements. Establish a separate asset for each well/unit drilled by Chesapeake. 2.5 Establish a property file for each well and accurately post revenue to the appropriate well asset. Review all division orders and transfer orders within ten (10) business days of their receipt for accuracy and forward to the Board recommendations regarding execution. 2.6 Contractor shall provide the Board a definitive statement regarding the accuracy of the division orders. This statement shall be in writing and signed by an authorized Contractor representative. Provide examples of other reports and services offered regarding royalty processing as requested by the Board. 2.7 Provide with each monthly invoice a written statement, signed by an authorized Contractor representative, a statement regarding the accuracy of the payments and division orders after each of the monthly reviews.
