Exhibit 10.20

 

EXECUTION COPY

 

[ARCH COAL]

 

SECOND AMENDMENT TO

PURCHASE AND SALE AGREEMENT

 

THIS SECOND AMENDMENT TO PURCHASE AND SALE AGREEMENT (this “Amendment”), dated
as of November 11, 2011, is entered into among the VARIOUS ORIGINATORS PARTY TO
THE AGREEMENT (as defined below) (each an “Originator”; and collectively, the
“Originators”), each of the entities set forth on Schedule I hereto (each an
“Additional Originator” and collectively, the “Additional Originators”), and
ARCH COAL, INC., (the “Company”).

 

RECITALS

 

1.                                       The Company and the Originators are
parties to the Purchase and Sale Agreement, dated as of February 3, 2006 (as
amended, restated, supplemented or otherwise modified through the date hereof,
the “Agreement”); and

 

2.                                       Concurrently herewith, each of the
Additional Originators is becoming a party to the Agreement pursuant to that
certain Joinder Agreement, dated as of the date hereof, among each of the
Additional Originators and the Company.

 

3.                                       The parties hereto desire to amend the
Agreement as hereinafter set forth.

 

NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the parties agree as follows:

 

SECTION 1.                                Certain Defined Terms.  Capitalized
terms that are used but not defined herein shall have the meanings set forth in
the Agreement.

 

SECTION 2.                                Amendments to the Agreement.  The
Agreement is hereby amended as follows:

 

2.1                                 With respect to each Additional Originator,
any reference in the Agreement to the “Closing Date” or “the date hereof” shall
be deemed to be a reference to “ November 11, 2011”.

 

2.2                                 With respect to each Additional Originator,
any reference in the Agreement to the “Cut-off Date” shall be deemed to be a
reference to “October 31, 2011”.

 

2.3                                 The mailing address and facsimile number of
each of the Additional Originators for which notices and other communications
shall be delivered pursuant to Section 10.2 of the Agreement is as set forth
under its name on Schedule II attached hereto.

 

2.4                                 Schedule I to the Agreement is hereby
replaced in its entirety with Schedule III attached hereto.

 

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2.5                                 Schedule II to the Agreement is hereby
replaced in its entirety with Schedule IV attached hereto.

 

2.6                                 Schedule IV to the Agreement is hereby
replaced in its entirety with Schedule V attached hereto.

 

2.7                                 Schedule V to the Agreement is hereby
replaced in its entirety with Schedule VI attached hereto.

 

SECTION 3.                                Representations and Warranties.  Each
of the Originators and each of the Additional Originators hereby represents and
warrants as follows:

 

(a)                                  Representations and Warranties.  The
representations and warranties made by it in the Transaction Documents are true
and correct as of the date hereof (unless stated to relate solely to an earlier
date, in which case such representations or warranties were true and correct as
of such earlier date).

 

(b)                                 Enforceability.  The execution and delivery
by such Person of this Amendment, and the performance of each of its obligations
under this Amendment and the Agreement, as amended hereby, are within each of
its corporate powers and have been duly authorized by all necessary
organizational action on its part.  This Amendment and the Agreement, as amended
hereby, are such Person’s valid and legally binding obligations, enforceable in
accordance with their respective terms.

 

(c)                                  No Default. Both before and immediately
after giving effect to this Amendment and the transactions contemplated hereby,
no Purchase and Sale Termination Event, Unmatured Purchase and Sale Termination
Event, Termination Event or Unmatured Termination Event exists or shall exist.

 

SECTION 4.                                Effect of Amendment.  All provisions
of the Agreement, as expressly amended and modified by this Amendment, shall
remain in full force and effect. After this Amendment becomes effective, all
references in the Agreement (or in any other Transaction Document) to “this
Agreement”, “hereof”, “herein” or words of similar effect referring to the
Agreement shall be deemed to be references to the Agreement as amended by this
Amendment. This Amendment shall not be deemed, either expressly or impliedly, to
waive, amend or supplement any provision of the Agreement other than as set
forth herein.

 

SECTION 5.                                Effectiveness.  This Amendment shall
become effective as of the date hereof upon receipt by the Administrator of duly
executed counterparts of this Amendment.

 

SECTION 6.                                Counterparts.  This Amendment may be
executed in any number of counterparts and by different parties on separate
counterparts, each of which when so executed shall be deemed to be an original
and all of which when taken together shall constitute but one and the same
instrument.  Delivery of an executed counterpart of a signature page to this
Amendment by facsimile or electronic transmission shall be effective as delivery
of a manually executed counterpart hereof.

 

2

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SECTION 7.                                Governing Law.  This Amendment shall
be governed by, and construed in accordance with, the internal laws of the State
of New York.

 

SECTION 8.                                Section Headings.  The various
headings of this Amendment are included for convenience only and shall not
affect the meaning or interpretation of this Amendment, the Agreement or any
provision hereof or thereof.

 

[SIGNATURES BEGIN ON NEXT PAGE]

 

3

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IN WITNESS WHEREOF, the parties have caused this Amendment to be executed by
their respective officers thereunto duly authorized as of the date first above
written.

 

 

ARCH COAL, INC.

 

 

 

 

 

 

By:

/s/ James E. Florczak

 

Name:

James E. Florczak

 

Title:

Treasurer

 

Second Amendment to PSA (Arch Coal)

 

S-1

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ORIGINATORS:

 

 

 

ARCH COAL SALES COMPANY, INC.

 

ARCH COAL TERMINAL, INC.

 

ARCH ENERGY RESOURCES, LLC

 

ARCH WESTERN RESOURCES, LLC

 

CANYON FUEL COMPANY, LLC

 

COAL-MAC, INC.

 

CUMBERLAND RIVER COAL COMPANY

 

LONE MOUNTAIN PROCESSING, INC.

 

MINGO LOGAN COAL COMPANY

 

MOUNTAIN COAL COMPANY, L.L.C.

 

THUNDER BASIN COAL COMPANY, L.L.C.

 

 

 

 

 

 

 

By:

/s/ James E. Florczak

 

Name:

James E. Florczak

 

Title:

Vice President & Treasurer

 

Second Amendment to PSA (Arch Coal)

 

S-2

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ADDITIONAL ORIGINATORS:

 

 

 

BRONCO MINING COMPANY, INC.

 

COALQUEST DEVELOPMENT LLC

 

HAWTHORNE COAL COMPANY, INC.

 

HUNTER RIDGE COAL COMPANY

 

HUNTER RIDGE HOLDINGS, INC.

 

HUNTER RIDGE, INC.

 

ICG ADDCAR SYSTEMS, LLC

 

ICG BECKLEY, LLC

 

ICG EAST KENTUCKY, LLC

 

ICG EASTERN, LLC

 

ICG EASTERN LAND, LLC

 

ICG HAZARD, LLC

 

ICG HAZARD LAND, LLC

 

ICG ILLINOIS, LLC

 

ICG, INC.

 

ICG KNOTT COUNTY, LLC

 

ICG, LLC

 

ICG NATURAL RESOURCES, LLC

 

ICG TYGART VALLEY, LLC

 

INTERNATIONAL COAL GROUP, INC.

 

JULIANA MINING COMPANY, INC.

 

KING KNOB COAL CO., INC.

 

MARINE COAL SALES COMPANY

 

MELROSE COAL COMPANY, INC.

 

PATRIOT MINING COMPANY, INC.

 

POWELL MOUNTAIN ENERGY, LLC

 

SIMBA GROUP, INC.

 

UPSHUR PROPERTY, INC.

 

VINDEX ENERGY CORPORATION

 

WHITE WOLF ENERGY, INC.

 

WOLF RUN MINING COMPANY

 

 

 

 

 

By:

/s/ James E. Florczak

 

Name:

James E. Florczak

 

Title:

Vice President & Treasurer

 

Second Amendment to PSA (Arch Coal)

 

S-3

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CONSENT TO:

 

PNC BANK, National Association

 

 

By:

/s/ William P. Falcon

 

Name:

William P. Falcon

Title:

Vice President

 

Second Amendment to PSA (Arch Coal)

 

S-4

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Schedule I

 

Bronco Mining Company, Inc.

CoalQuest Development LLC

Hawthorne Coal Company, Inc.

Hunter Ridge Coal Company

Hunter Ridge Holdings, Inc.

Hunter Ridge, Inc.

ICG ADDCAR Systems, LLC

ICG Beckley, LLC

ICG East Kentucky, LLC

ICG Eastern, LLC

ICG Eastern Land, LLC

ICG Hazard, LLC

ICG Hazard Land, LLC

ICG Illinois, LLC

ICG, Inc.

ICG Knott County, LLC

ICG, LLC

ICG Natural Resources, LLC

ICG Tygart Valley, LLC

International Coal Group, Inc.

Juliana Mining Company, Inc.

King Knob Coal Co., Inc.

Marine Coal Sales Company

Melrose Coal Company, Inc.

Patriot Mining Company, Inc.

Powell Mountain Energy, LLC

Simba Group, Inc.

Upshur Property, Inc.

Vindex Energy Corporation

White Wolf Energy, Inc.

Wolf Run Mining Company

 

Second Amendment to PSA (Arch Coal)

 

Schedule I-1

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Schedule II

 

Bronco Mining Company, Inc.

CoalQuest Development LLC

Hawthorne Coal Company, Inc.

Hunter Ridge Coal Company

Hunter Ridge Holdings, Inc.

Hunter Ridge, Inc.

ICG ADDCAR Systems, LLC

ICG Beckley, LLC

ICG East Kentucky, LLC

ICG Eastern, LLC

ICG Eastern Land, LLC

ICG Hazard, LLC

ICG Hazard Land, LLC

ICG Illinois, LLC

ICG, Inc.

ICG Knott County, LLC

ICG, LLC

ICG Natural Resources, LLC

ICG Tygart Valley, LLC

International Coal Group, Inc.

Juliana Mining Company, Inc.

King Knob Coal Co., Inc.

Marine Coal Sales Company

Melrose Coal Company, Inc.

Patriot Mining Company, Inc.

Powell Mountain Energy, LLC

Simba Group, Inc.

Upshur Property, Inc.

Vindex Energy Corporation

White Wolf Energy, Inc.

Wolf Run Mining Company

 

Address:

One CityPlace Drive, Suite 300

 

St. Louis, Missouri 63141

 

Attention: James E. Florczak

Telephone:314-994-2785

Facsimile: 314-994-2739

 

Second Amendment to PSA (Arch Coal)

 

Schedule II-1

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Schedule III

 

Schedule I

 

 

LIST OF ORIGINATORS

 

Arch Coal Sales Company, Inc.

Arch Coal Terminal, Inc.

Arch Energy Resources, LLC

Arch Western Resources, LLC

Canyon Fuel Company, LLC

Coal-Mac, Inc.

Cumberland River Coal Company

Lone Mountain Processing, Inc.

Mingo Logan Coal Company

Mountain Coal Company, L.L.C.

Thunder Basin Coal Company, L.L.C.

 

Bronco Mining Company, Inc.

CoalQuest Development LLC

Hawthorne Coal Company, Inc.

Hunter Ridge Coal Company

Hunter Ridge Holdings, Inc.

Hunter Ridge, Inc.

ICG ADDCAR Systems, LLC

ICG Beckley, LLC

ICG East Kentucky, LLC

ICG Eastern, LLC

ICG Eastern Land, LLC

ICG Hazard, LLC

ICG Hazard Land, LLC

ICG Illinois, LLC

ICG, Inc.

ICG Knott County, LLC

ICG, LLC

ICG Natural Resources, LLC

ICG Tygart Valley, LLC

International Coal Group, Inc.

Juliana Mining Company, Inc.

King Knob Coal Co., Inc.

Marine Coal Sales Company

Melrose Coal Company, Inc.

Patriot Mining Company, Inc.

Powell Mountain Energy, LLC

 

Second Amendment to PSA (Arch Coal)

 

Schedule III-1

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Simba Group, Inc.

Upshur Property, Inc.

Vindex Energy Corporation

White Wolf Energy, Inc.

Wolf Run Mining Company

 

Second Amendment to PSA (Arch Coal)

 

Schedule III-2

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Schedule IV

 

Schedule II

 

LOCATION OF EACH ORIGINATOR

 

Originator

 

Location

 

 

 

Arch Coal Sales Company, Inc.

 

Delaware

 

 

 

Arch Coal Terminal, Inc.

 

Delaware

 

 

 

Arch Energy Resources, LLC

 

Delaware

 

 

 

Arch Western Resources, LLC

 

Delaware

 

 

 

Canyon Fuel Company, LLC

 

Delaware

 

 

 

Coal-Mac, Inc.

 

Kentucky

 

 

 

Cumberland River Coal Company

 

Delaware

 

 

 

Lone Mountain Processing, Inc.

 

Delaware

 

 

 

Mingo Logan Coal Company

 

Delaware

 

 

 

Mountain Coal Company, L.L.C.

 

Delaware

 

 

 

Thunder Basin Coal Company, L.L.C.

 

Delaware

 

 

 

Bronco Mining Company, Inc.

 

West Virginia

 

 

 

CoalQuest Development LLC

 

Delaware

 

 

 

Hawthorne Coal Company, Inc.

 

West Virginia

 

 

 

Hunter Ridge Coal Company

 

Delaware

 

 

 

Hunter Ridge Holdings, Inc.

 

Delaware

 

 

 

Hunter Ridge, Inc.

 

Delaware

 

 

 

ICG ADDCAR Systems, LLC

 

Delaware

 

 

 

ICG Beckley, LLC

 

Delaware

 

 

 

ICG East Kentucky, LLC

 

Delaware

 

 

 

ICG Eastern, LLC

 

Delaware

 

 

 

ICG Eastern Land, LLC

 

Delaware

 

 

 

ICG Hazard, LLC

 

Delaware

 

Second Amendment to PSA (Arch Coal)

 

Schedule IV-1

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ICG Hazard Land, LLC

 

Delaware

 

 

 

ICG Illinois, LLC

 

Delaware

 

 

 

ICG, Inc.

 

Delaware

 

 

 

ICG Knott County, LLC

 

Delaware

 

 

 

ICG, LLC

 

Delaware

 

 

 

ICG Natural Resources, LLC

 

Delaware

 

 

 

ICG Tygart Valley, LLC

 

Delaware

 

 

 

International Coal Group, Inc.

 

Delaware

 

 

 

Juliana Mining Company, Inc.

 

West Virginia

 

 

 

King Knob Coal Co., Inc.

 

West Virginia

 

 

 

Marine Coal Sales Company

 

Delaware

 

 

 

Melrose Coal Company, Inc.

 

West Virginia

 

 

 

Patriot Mining Company, Inc.

 

West Virginia

 

 

 

Powell Mountain Energy, LLC

 

Delaware

 

 

 

Simba Group, Inc.

 

Delaware

 

 

 

Upshur Property, Inc.

 

Delaware

 

 

 

Vindex Energy Corporation

 

West Virginia

 

 

 

White Wolf Energy, Inc.

 

Virginia

 

 

 

Wolf Run Mining Company

 

West Virginia

 

Second Amendment to PSA (Arch Coal)

 

Schedule IV-2

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Schedule V

 

Schedule IV

 

 

TRADE NAMES

 

Legal Name

 

Trade Names

 

 

 

Arch Coal Sales Company, Inc.

 

 

 

 

 

Arch Coal Terminal, Inc.

 

 

 

 

 

Arch Energy Resources, LLC

 

 

 

 

 

Arch Western Resources, LLC

 

 

 

 

 

Canyon Fuel Company, LLC

 

 

 

 

 

Coal-Mac, Inc.

 

Phoenix Coal-Mac Mining, Inc.

 

 

 

Cumberland River Coal Company

 

Arch of the North Fork

 

 

 

Lone Mountain Processing, Inc.

 

 

 

 

 

Mingo Logan Coal Company

 

 

 

 

 

Mountain Coal Company, L.L.C.

 

 

 

 

 

Thunder Basin Coal Company, L.L.C.

 

 

 

 

 

Bronco Mining Company, Inc.

 

 

 

 

 

CoalQuest Development LLC

 

 

 

 

 

Hawthorne Coal Company, Inc.

 

 

 

 

 

Hunter Ridge Coal Company

 

 

 

 

 

Hunter Ridge Holdings, Inc.

 

 

 

 

 

Hunter Ridge, Inc.

 

 

 

 

 

ICG ADDCAR Systems, LLC

 

 

 

 

 

ICG Beckley, LLC

 

 

 

 

 

ICG East Kentucky, LLC

 

 

 

 

 

ICG Eastern, LLC

 

 

 

 

 

ICG Eastern Land, LLC

 

 

 

 

 

ICG Hazard, LLC

 

 

 

Second Amendment to PSA (Arch Coal)

 

Schedule V-1

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ICG Hazard Land, LLC

 

 

 

 

 

ICG Illinois, LLC

 

 

 

 

 

ICG, Inc.

 

 

 

 

 

ICG Knott County, LLC

 

 

 

 

 

ICG, LLC

 

 

 

 

 

ICG Natural Resources, LLC

 

 

 

 

 

ICG Tygart Valley, LLC

 

 

 

 

 

International Coal Group, Inc.

 

 

 

 

 

Juliana Mining Company, Inc.

 

 

 

 

 

King Knob Coal Co., Inc.

 

 

 

 

 

Marine Coal Sales Company

 

 

 

 

 

Melrose Coal Company, Inc.

 

 

 

 

 

Patriot Mining Company, Inc.

 

 

 

 

 

Powell Mountain Energy, LLC

 

 

 

 

 

Simba Group, Inc.

 

 

 

 

 

Upshur Property, Inc.

 

 

 

 

 

Vindex Energy Corporation

 

 

 

 

 

White Wolf Energy, Inc.

 

 

 

 

 

Wolf Run Mining Company

 

 

 

Second Amendment to PSA (Arch Coal)

 

Schedule V-2

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Schedule VI

 

Schedule V

 

LOCATION OF MINING OPERATIONS

 

ORIGINATOR

 

MINEHEAD

 

STATE

 

COUNTY

 

Arch Coal Sales Company, Inc.

 

-N/A

 

West Virginia

 

Mingo

 

Arch Coal Terminal, Inc.

 

-N/A

 

Kentucky

 

Boyd

 

Arch Western Resources, LLC

 

-N/A

 

Wyoming

 

Campbell

 

Canyon Fuel Company, LLC

 

- Dugout

- Skyline

 

Utah

 

Carbon

 

Canyon Fuel Company, LLC

 

-Sufco

 

Utah

 

Sevier

 

Coal-Mac, Inc.

 

-Holden

-Ragland / Phoenix

 

West Virginia

 

Logan

 

Coal-Mac, Inc.

 

-Ragland / Phoenix

 

West Virginia

 

Mingo

 

Cumberland River Coal Company

 

-Cumberland River (aka Pardee)

 

Kentucky

 

Letcher

 

Cumberland River Coal Company

 

-Cumberland River (aka Pardee)

 

Virginia

 

Wise

 

Lone Mountain Processing, Inc.

 

-Lone Mountain

 

Kentucky

 

Harlan

 

Lone Mountain Processing, Inc.

 

-N/A

 

Virginia

 

Lee

 

Mingo Logan Coal Company

 

-Mountain Laurel

 

West Virginia

 

Logan

 

Mountain Coal Company, L.L.C.

 

- West Elk

 

Colorado

 

Gunnison

 

 

Second Amendment to PSA (Arch Coal)

 

Schedule VI-1

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ORIGINATOR

 

MINEHEAD

 

STATE

 

COUNTY

 

Thunder Basin Coal Company, L.L.C.

 

- Black Thunder

- Coal Creek

 

Wyoming

 

Campbell

 

Bronco Mining Company, Inc.

 

N/A

 

 

 

 

 

CoalQuest Development LLC

 

N/A

 

 

 

 

 

Hawthorne Coal Company, Inc.

 

N/A

 

 

 

 

 

Hunter Ridge Coal Company

 

N/A

 

 

 

 

 

Hunter Ridge Holdings, Inc.

 

N/A

 

 

 

 

 

Hunter Ridge, Inc.

 

N/A

 

 

 

 

 

ICG ADDCAR Systems, LLC

 

N/A

 

 

 

 

 

ICG Beckley, LLC

 

Beckley

 

West Virginia

 

Raleigh

 

ICG East Kentucky, LLC

 

East Kentucky

 

Kentucky

 

Pike

 

ICG Eastern, LLC

 

Eastern

 

West Virginia

 

Webster

 

ICG Eastern Land, LLC

 

N/A

 

 

 

 

 

ICG Hazard, LLC

 

Hazard

Flint Ridge

 

Kentucky

Kentucky

 

Breathitt

Breathitt

 

ICG Hazard Land, LLC

 

N/A

 

 

 

 

 

ICG Illinois, LLC

 

Viper

 

Illinois

 

Sangamon

 

ICG, Inc.

 

N/A

 

 

 

 

 

ICG Knott County, LLC

 

Knott County

Raven

 

Kentucky

Kentucky

 

Knott

Knott

 

ICG, LLC

 

N/A

 

 

 

 

 

ICG Natural Resources, LLC

 

N/A

 

 

 

 

 

ICG Tygart Valley, LLC

 

Tygart Valley

 

West Virginia

 

Taylor

 

International Coal Group, Inc.

 

N/A

 

 

 

 

 

 

Second Amendment to PSA (Arch Coal)

 

Schedule VI-2

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ORIGINATOR

 

MINEHEAD

 

STATE

 

COUNTY

 

Juliana Mining Company, Inc.

 

N/A

 

 

 

 

 

King Knob Coal Co., Inc.

 

N/A

 

 

 

 

 

Marine Coal Sales Company

 

N/A

 

 

 

 

 

Melrose Coal Company, Inc.

 

N/A

 

 

 

 

 

Patriot Mining Company, Inc.

 

Patriot Mining

 

West Virginia

 

Monogalia

 

Powell Mountain Energy, LLC

 

Powell Mountain

 

Kentucky

 

Harlan

 

Simba Group, Inc.

 

N/A

 

 

 

 

 

Upshur Property, Inc.

 

N/A

 

 

 

 

 

Vindex Energy Corporation

 

Vindex Energy

Vindex Energy

Vindex Energy

 

Maryland

Maryland

West Virginia

 

Allegany

Garrett

Grant

 

White Wolf Energy, Inc.

 

N/A

 

 

 

 

 

Wolf Run Mining Company

 

Buckhannon Harrison

Buckhannon Harrison

Sentinel

 

West Virginia

West Virginia

West Virginia

 

Upshur

Harrison

Barbour

 

 

Second Amendment to PSA (Arch Coal)

 

Schedule VI-3

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