Amendment to Omnibus Agreement


 Exhibit 10.4 
 AMENDMENT TO 
 OMNIBUS AGREEMENT 
 This Amendment (the “Amendment”) to the Omnibus Agreement is made and entered into as of May 8, 2002, by and among Alliance
Resource Partners, L.P., a Delaware limited partnership (the “MLP”), Alliance Resource Holdings, Inc., a Delaware corporation (“ARH”), Alliance Resource GP, LLC, a Delaware limited liability company and special
general partner of the MLP (the “SGP”) and Alliance Resource Management GP, LLC, a Delaware limited liability company and managing general partner of the MLP (the “MGP”). 
 RECITALS 
 WHEREAS, the MLP, ARH, the
SGP and the MGP entered into the Omnibus Agreement, dated as of August 20, 1999 (the “Agreement”); and 
 WHEREAS,
pursuant to the terms of that certain Purchase Agreement (the “Purchase Agreement”) of even date herewith by and among Beacon-Alliance Limited Member, LLC (“BALM”), Beacon-Alliance Managing Member, LLC
(“BAMM”), and Alliance Management Holdings-II (“AMH-II”). BALM is selling to AMH-II its 74.09% limited liability company interest in the MGP, and BAMM is selling to AMH-II its 0.01% limited liability company
interest in the MGP; and 
 WHEREAS, immediately prior to the execution of this Amendment, (i) certain employee stockholders in ARH are
exchanging their shares of common stock in ARH to Alliance Resource Holdings II, Inc. (“ARH-II”) in exchange for shares of common stock in ARH-II, and (ii) ARH-II is purchasing the shares of common stock in ARH owned by The
Beacon Group Energy Investment Fund, L.P., MPC Partners, LP, John P. Neafsey, Michael L. Greenwood, and S. Paul Mackey in each case pursuant to the terms and conditions of that certain Exchange Agreement of even date herewith (the “Exchange
Agreement”); and 
 WHEREAS, concurrently with the consummation of the transactions contemplated by the Purchase Agreement and the
Exchange Agreement, the MLP, ARH, the SGP and the MGP desire to amend the Agreement as set forth herein; 
 NOW, THEREFORE, in consideration
of the mutual promises and covenants made herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 
 Section 1. Amendments to Agreement. 
 The Agreement is hereby amended as follows: 
 (a) AMH-II, LLC and ARH-II shall be joined as parties to this Agreement and shall be
bound by all of its terms. 








 (b) Section 2.4 of the Agreement is hereby deleted in its entirety and replaced with the following:

 2.4 Termination. The provisions of this Article II may be terminated by ARH upon or at any time after a
“Change of Control” of ARH or the MGP by written notice to the MLP. A Change of Control of ARH or the MGP shall be deemed to have occurred upon the occurrence of one or more of the following events: (i) any sale, lease, exchange or
other transfer (in one transaction or a series of related transactions) of all or substantially all of the assets of ARH or the MGP to any Person or its Affiliates, unless immediately following such sale, lease, exchange or other transfer such
assets are owned, directly or indirectly, by the ARH Entities or the MGP; (ii) the consolidation or merger of ARH or the MGP with or into another Person pursuant to a transaction in which the outstanding Voting Stock of ARH or the MGP is
changed into or exchanged for cash, securities or other property, other than any such transaction where (a) the outstanding Voting Stock of ARH or the MGP is changed into or exchanged for Voting Stock of the surviving corporation or its parent
and (b) the holders of the Voting Stock of ARH or the MGP immediately prior to such transaction own, directly or indirectly, not less than a majority of the Voting Stock of the surviving corporation or its parent immediately after such
transaction; or (iii) a “person” or “group” (within the meaning of Sections 13(d) or 14(d)(2) of the Exchange Act) being or becoming the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Exchange
Act) of more than 50% of all Voting Stock of ARH or the MGP then outstanding, other than in a merger or consolidation which would not constitute a Change of Control under clause (ii) above. None of the transactions contemplated by the Purchase
Agreement and the Exchange Agreement shall constitute a Change of Control. 
 (c) The definition of “AHR Entities” in Article I is
hereby deleted in its entirety and replaced with the following: 
 “ARH Entities” shall mean ARH and any of its Affiliates,
including ARH-II. 
 “Purchase Agreement” shall mean that certain Purchase Agreement dated as of the date hereof by and
among Beacon-Alliance Limited Member, LLC (“BALM”), Beacon-Alliance Managing Member, LLC (“BAMM”), and Alliance Management Holdings-II (“AMH-II”). BALM is selling to AMH-II its 74.09% limited
liability company interest in the MGP, and BAMM is selling to AMH-II its 0.01% limited liability company interest in the MGP. 
 “Exchange Agreement” shall mean that certain Exchange Agreement dated as of the date hereof by which (i) certain employee stockholders in ARH are exchanging their shares of common stock in ARH to Alliance Resource
Holdings II, Inc. (“ARH-II”) in exchange for shares of common stock in ARH-II, and (ii) ARH-II is purchasing the shares of common stock in ARH owned by The Beacon Group Energy Investment Fund, L.P., MPC Partners, LP, John P.
Neafsey, Michael L. Greenwood, and S. Paul Mackey. 
 Section 2. Definitions. 
 All capitalized terms used in this Amendment without definition have the meanings given to them in the Agreement. 
  

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 Section 3. Governing Law. 
 This Amendment shall be construed and enforced in accordance with the laws of the state of Delaware without regard to the conflicts of law principles
thereof. 
 Section 4. Force and Effect of Unmodified Provisions of the Agreement. 
 Except as expressly modified by this Amendment, the terms of the Agreement shall remain unchanged and the Agreement shall continue in full force and
effect. The Agreement and this Amendment shall be considered one and the same agreement. 
 Section 5. Counterparts. 

This Amendment may be signed in any number of counterparts with the same effect as if the signatures on each such counterparts were on the same
instrument. 
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 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed as of the date and year
first above written. 
  

					
	ALLIANCE RESOURCE HOLDINGS, INC.
		
	 By:
	 	 /s/ Thomas L. Pearson

		 	 Name:
	 	 Thomas L. Pearson

		 	 Title:
	 	 Senior Vice President - Law and
 Administration,
General Counsel and Secretary



  

					
	ALLIANCE RESOURCE PARTNERS, L.P.
		
	 By:
	 	 /s/ Thomas L. Pearson

		 	 Name:
	 	 Thomas L. Pearson

		 	 Title:
	 	 Senior Vice President - Law and
 Administration,
General Counsel and Secretary



  

					
	ALLIANCE RESOURCE MANAGEMENT GP, LLC
		
	 By:
	 	 /s/ Thomas L. Pearson

		 	 Name:
	 	 Thomas L. Pearson

		 	 Title:
	 	 Senior Vice President - Law and
 Administration,
General Counsel and Secretary



  

					
	ALLIANCE RESOURCE GP, LLC
		
	 By:
	 	 /s/ Thomas L. Pearson

		 	 Name:
	 	 Thomas L. Pearson

		 	 Title:
	 	 Senior Vice President - Law and
 Administration,
General Counsel and Secretary



 Amendment to Omnibus Agreement 
 Signature Page 









					
	AMH-II, LLC
		
	 By:
	 	 /s/ Thomas L. Pearson

		 	 Name:
	 	 Thomas L. Pearson

		 	 Title:
	 	Secretary
	
	ALLIANCE RESOURCE HOLDINGS II, INC.
		
	 By:
	 	 /s/ Thomas L. Pearson

		 	 Name:
	 	 Thomas L. Pearson

		 	 Title:
	 	Secretary


 Amendment to Omnibus Agreement 
 Signature Page