Exhibit 10.3

 

EXECUTION VERSION

 

 

 

JOINDER AGREEMENT

 

THIS JOINDER AGREEMENT, dated as of February 24, 2016 (this “Agreement”) is
executed by WARRIOR COAL, LLC, WEBSTER COUNTY COAL, LLC, WHITE OAK RESOURCES
LLC, and HAMILTON COUNTY COAL, LLC (the “Additional Originators”), each a
limited liability company organized under the laws of Delaware with its
principal place of business located at 1717 S. Boulder Ave., Suite 400, Tulsa,
Oklahoma.

 

 

BACKGROUND:

 

A.        Alliance Resource Operating Partners, L.P., a Delaware limited
partnership (the “Company”) and the various entities from time to time party
thereto, as Originators (collectively, the “Originators”), have entered into
that certain Purchase and Sale Agreement, dated as of December 5, 2014 (as
amended, restated, supplemented or otherwise modified through the date hereof,
and as it may be further amended, restated, supplemented or otherwise modified
from time to time, the “Purchase and Sale Agreement”).

 

B.        The Additional Originators desire to become Originators pursuant to
Section 4.3 of the Purchase and Sale Agreement.

 

NOW, THEREFORE, in consideration of the foregoing and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
Additional Originators hereby agree as follows:

 

SECTION 1.   Definitions.  Capitalized terms used in this Agreement and not
otherwise defined herein shall have the meanings assigned thereto in the
Purchase and Sale Agreement or in the Receivables Financing Agreement (as
defined in the Purchase and Sale Agreement).

 

SECTION 2.   Transaction Documents.  The Additional Originators hereby agree
that each shall be bound by all of the terms, conditions and provisions of, and
shall be deemed to be party to (as if each were an original signatory to), the
Purchase and Sale Agreement and each of the other relevant Transaction
Documents.  From and after the later of the date hereof and the date that each
Additional Originator has complied with all of the requirements of Section 4.3
of the Purchase and Sale Agreement, the Additional Originators shall be
Originators for all purposes of the Purchase and Sale Agreement and all other
Transaction Documents. Each Additional Originator hereby acknowledges that it
has received copies of the Purchase and Sale Agreement and the other Transaction
Documents.

 

SECTION 3.   Representations and Warranties.  Each Additional Originator hereby
makes all of the representations and warranties set forth in Article V (to the
extent applicable) of the Purchase and Sale Agreement as of the date hereof
(unless such representations or warranties relate to an earlier date, in which
case as of such earlier date), as if such representations and warranties were
fully set forth herein.

 

 

Joinder Agreement

 

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SECTION 4.   Amendments to the Purchase and Sale Agreement.  The Purchase and
Sale Agreement is hereby amended as follows:

 

(a)        Schedule I of the Purchase and Sale Agreement is replaced in its
entirety with Schedule I attached hereto.

 

(b)        Schedule II of the Purchase and Sale Agreement is replaced in its
entirety with Schedule II attached hereto.

 

(c)        Schedule III of the Purchase and Sale Agreement is replaced in its
entirety with Schedule III attached hereto.

 

(d)       Schedule IV of the Purchase and Sale Agreement is replaced in its
entirety with Schedule IV attached hereto.

 

(e)        Schedule V of the Purchase and Sale Agreement is replaced in its
entirety with Schedule V attached hereto.

 

SECTION 5.   Cut-Off Date.  The parties hereto hereby agree that the Cut-Off
Date with respect to the Additional Originators shall be January 31, 2016.

 

SECTION 6.   Miscellaneous.  THIS AGREEMENT, INCLUDING THE RIGHTS AND DUTIES OF
THE PARTIES HERETO, SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE
LAWS OF THE STATE OF NEW YORK (INCLUDING SECTIONS 5-1401 AND 5-1402 OF THE
GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK, BUT WITHOUT REGARD TO ANY
OTHER CONFLICTS OF LAW PROVISIONS THEREOF).  This Agreement is executed by the
Additional Originators for the benefit of the Buyer, and its assigns, and each
of the foregoing parties may rely hereon.  This Agreement shall be binding upon,
and shall inure to the benefit of, the Additional Originators and their
successors and permitted assigns.  The Originators that are not Additional
Originators, and the Buyer join in this Agreement for purposes of consenting to
the addition of the Additional Originators and amending the Purchase and Sale
Agreement as contemplated by Section 4.  Administrative Agent joins in this
Agreement to evidence its consent to the addition of the Additional Originators
and the amendments contemplated in Section 4.

 

[Signature Pages Follow]

 

 

Joinder Agreement

 

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IN WITNESS WHEREOF, the undersigned has caused this Agreement to be executed by
its duly authorized officer as of the date and year first above written.

 

 

 

WARRIOR COAL, LLC

 

 

 

 

 

 

 

 

By:

/s/ R. Eberly Davis

 

 

Name: R. Eberley Davis

 

 

Title: Senior Vice President, General Counsel and Secretary

 

 

 

 

 

 

 

 

 

 

WEBSTER COUNTY COAL, LLC

 

 

 

 

 

 

 

 

By:

/s/ R. Eberly Davis

 

 

Name: R. Eberley Davis

 

 

Title: Senior Vice President, General Counsel and Secretary

 

 

 

 

 

 

 

 

 

 

 

 

 

WHITE OAK RESOURCES LLC

 

 

 

 

 

 

 

 

By:

/s/ R. Eberly Davis

 

 

Name: R. Eberley Davis

 

 

Title: Senior Vice President, General Counsel and Secretary

 

 

 

 

 

 

 

 

 

 

 

 

 

HAMILTON COUNTY COAL, LLC

 

 

 

 

 

 

 

 

By:

/s/ R. Eberly Davis

 

 

Name: R. Eberley Davis

 

 

Title: Senior Vice President, General Counsel and Secretary

 

 

Joinder Agreement

 

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ORIGINATORS:

 

 

 

 

 

ALLIANCE COAL, LLC

 

GIBSON COUNTY COAL, LLC

 

HOPKINS COUNTY COAL, LLC

 

METTIKI COAL (WV), LLC

 

MT. VERNON TRANSFER TERMINAL, LLC

 

RIVER VIEW COAL, LLC

 

SEBREE MINING, LLC

 

TUNNEL RIDGE, LLC

 

WHITE COUNTY COAL, LLC

 

 

 

 

 

By:

/s/ R. Eberly Davis

 

 

Name: R. Eberley Davis

 

Title: Senior Vice President, General Counsel and Secretary

 

 

Joinder Agreement

 

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Consented to:

 

ALLIANCE RESOURCE OPERATING PARTNERS, L.P.

 

 

By:

/s/ R. Eberly Davis

 

Name: R. Eberley Davis

 

Title: Senior Vice President, General Counsel, and Secretary

 

 

Joinder Agreement

 

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Acknowledged by and consented to:

 

PNC BANK, NATIONAL ASSOCIATION,
as Administrative Agent and sole Lender

 

 

By:

/s/ Michael Brown

 

Name: Michael Brown

 

Title: Senior Vice President

 

 

 

Joinder Agreement

 

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Schedule I

 

 

LIST OF ORIGINATORS

 

 

 

Alliance Coal, LLC

 

Gibson County Coal, LLC

 

Hamilton County Coal, LLC

 

Hopkins County Coal, LLC

 

Mettiki Coal (WV), LLC

 

Mt. Vernon Transfer Terminal, LLC

 

River View Coal, LLC

 

Sebree Mining, LLC

 

Tunnel Ridge, LLC

 

Warrior Coal, LLC

 

Webster County Coal, LLC

 

White County Coal, LLC

 

White Oak Resources LLC

 

 

 

Schedule II

Joinder Agreement

 

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Schedule II

 

 

LOCATION OF EACH ORIGINATOR

 

 

Originator

Location

 

 

Alliance Coal, LLC

Delaware

Gibson County Coal, LLC

Delaware

Hamilton County Coal, LLC

Delaware

Hopkins County Coal, LLC

Delaware

Mettiki Coal (WV), LLC

Delaware

Mt. Vernon Transfer Terminal, LLC

Delaware

River View Coal, LLC

Delaware

Sebree Mining, LLC

Delaware

Tunnel Ridge, LLC

Delaware

Warrior Coal, LLC

Delaware

Webster County Coal, LLC

Delaware

White County Coal, LLC

Delaware

White Oak Resources LLC

Delaware

 

 

Joinder Agreement

 

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Schedule III

 

 

LOCATION OF BOOKS AND RECORDS OF EACH ORIGINATOR

 

 

Originator

Location of Books and Records

 

 

Alliance Coal, LLC

 

1717 S. Boulder Ave., Suite 400, Tulsa, Oklahoma

Gibson County Coal, LLC

 

1717 S. Boulder Ave., Suite 400, Tulsa, Oklahoma

Hamilton County Coal, LLC

 

1717 S. Boulder Ave., Suite 400, Tulsa, Oklahoma

Hopkins County Coal, LLC

 

1717 S. Boulder Ave., Suite 400, Tulsa, Oklahoma

Mettiki Coal (WV), LLC

 

1717 S. Boulder Ave., Suite 400, Tulsa, Oklahoma

Mt. Vernon Transfer Terminal, LLC

 

1717 S. Boulder Ave., Suite 400, Tulsa, Oklahoma

River View Coal, LLC

 

1717 S. Boulder Ave., Suite 400, Tulsa, Oklahoma

Sebree Mining, LLC

 

1717 S. Boulder Ave., Suite 400, Tulsa, Oklahoma

Tunnel Ridge, LLC

 

1717 S. Boulder Ave., Suite 400, Tulsa, Oklahoma

Warrior Coal, LLC

 

1717 S. Boulder Ave., Suite 400, Tulsa, Oklahoma

Webster County Coal, LLC

 

1717 S. Boulder Ave., Suite 400, Tulsa, Oklahoma

White County Coal, LLC

 

1717 S. Boulder Ave., Suite 400, Tulsa, Oklahoma

White Oak Resources LLC

 

1717 S. Boulder Ave., Suite 400, Tulsa, Oklahoma

 

 

 

Schedule III

Joinder Agreement

 

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Schedule IV

 

 

TRADE NAMES OF EACH ORIGINATOR

 

 

Legal Name

Trade Names

Alliance Coal, LLC

 

Not Applicable

Gibson County Coal, LLC

 

Not Applicable

Hamilton County Coal, LLC

 

Not Applicable

Hopkins County Coal, LLC

 

Not Applicable

Mettiki Coal (WV), LLC

 

Not Applicable

Mt. Vernon Transfer Terminal, LLC

 

Not Applicable

River View Coal, LLC

 

Not Applicable

Sebree Mining, LLC

 

Not Applicable

Tunnel Ridge, LLC

 

Not Applicable

Warrior Coal, LLC

 

Not Applicable

Webster County Coal, LLC

 

Not Applicable

White County Coal, LLC

 

Not Applicable

White Oak Resources LLC

 

Not Applicable

 

 

 

Schedule IV

Joinder Agreement

 

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Schedule V

 

 

LOCATION OF MINING OPERATIONS OF EACH ORIGINATOR

 

 

 

 

ORIGINATOR

MINEHEAD

STATE

COUNTY

Alliance Coal, LLC

 

N/A

N/A

N/A

Gibson County Coal, LLC

 

Gibson N. Complex/

Gibson S. Complex

IN

Gibson County

Knox County

Hamilton County Coal, LLC

 

Hamilton County Coal

Mine #1 (Hamilton County Coal, LLC operates and generates its Receivables from
coal mined at this mine, but the record interest in coal at this mine is held by
White Oak Resources LLC)

IL

Hamilton County

Hopkins County Coal, LLC

 

Elk Creek Mine

KY

Hopkins County

Mettiki Coal (WV), LLC

 

Mettiki- Mountain View Mine

WV

Grant County

Tucker County

Mt. Vernon Transfer Terminal, LLC

 

N/A (Transfer Terminal)

N/A

N/A

River View Coal, LLC

 

River View Mine

KY

Union County

Sebree Mining, LLC

 

Onton No. 9 Mine

KY

Hopkins County

Webster County

Tunnel Ridge, LLC

 

Tunnel Ridge Mine

PA

WV

Washington County

Ohio County

Warrior Coal, LLC

 

Warrior Mine

KY

Hopkins County

Webster County Coal, LLC

 

Dotiki Mine

KY

Webster County

 

 

 

Schedule V

Joinder Agreement

 

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ORIGINATOR

MINEHEAD

STATE

COUNTY

White County Coal, LLC

 

Pattiki Mine

IL

White County

White Oak Resources LLC

 

Hamilton County Coal

Mine #1

IL

Hamilton County

 

 

 

Schedule V

Joinder Agreement

 

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