Document:

EX-10.1

 Exhibit 10.1 

EXECUTION VERSION 
  

 
 CREDIT AND SECURITY AGREEMENT 

Dated as of September 19, 2014 

by and among 
 ANR SECOND
RECEIVABLES FUNDING, LLC, 
 as Borrower, 

THE FINANCIAL INSTITUTIONS SIGNATORY HERETO FROM TIME TO TIME, 

as Lenders, 
 GENERAL ELECTRIC
CAPITAL CORPORATION, 
 as Lender, Swing Line Lender, LC Lender and as Administrative Agent 

and 
 WEBSTER BUSINESS CREDIT
CORPORATION, 
 as LC Lender and Lender 
  

 
 GE CAPITAL MARKETS, INC., 

as Sole Lead Arranger and Sole Bookrunner 

 Table of Contents 

 

							
	 	 	 	  	Page	 
			
	 ARTICLE I
	 	DEFINITIONS AND INTERPRETATION	  	 	1	  
			
	 1.1
	 	Definitions	  	 	1	  
	 1.2
	 	Rules of Construction	  	 	1	  
			
	 ARTICLE II
	 	AMOUNTS AND TERMS OF ADVANCES	  	 	1	  
			
	 2.1
	 	Advances	  	 	1	  
	 2.2
	 	Changes in Maximum Revolving Commitment Amount	  	 	4	  
	 2.3
	 	Borrower Procedures for Making Swing Line and Revolving Credit Advances	  	 	5	  
	 2.4
	 	Pledge and Release of Receivables	  	 	8	  
	 2.5
	 	Facility Maturity Date	  	 	9	  
	 2.6
	 	Interest; Charges	  	 	9	  
	 2.7
	 	Fees	  	 	10	  
	 2.8
	 	Application of Collections; Time and Method of Payments	  	 	10	  
	 2.9
	 	Capital Requirements; Additional Costs	  	 	14	  
	 2.10
	 	Taxes	  	 	16	  
	 2.11
	 	Increases	  	 	18	  
	 2.12
	 	Change of Lending Office	  	 	20	  
	 2.13
	 	Replacement of Lenders	  	 	20	  
	 2.14
	 	Non-Funding Lenders	  	 	20	  
	 2.15
	 	Breakage Costs	  	 	22	  
	 2.16
	 	Register; Registered Obligations	  	 	22	  
	 2.17
	 	Letters of Credit	  	 	23	  
	 2.18
	 	Letter of Credit Procedures	  	 	23	  
	 2.19
	 	Disbursements and Reimbursements	  	 	25	  
	 2.20
	 	Repayment of Participation Advances	  	 	26	  
	 2.21
	 	Documentation	  	 	26	  
	 2.22
	 	Determination to Honor Drawing Request	  	 	26	  
	 2.23
	 	Nature of Participation and Reimbursement Obligations	  	 	27	  
	 2.24
	 	[Reserved.]	  	 	28	  
	 2.25
	 	Liability for Acts and Omissions	  	 	28	  
			
	 ARTICLE III
	 	CONDITIONS PRECEDENT	  	 	29	  
			
	 3.1
	 	Conditions to Effectiveness of Agreement	  	 	29	  
	 3.2
	 	Conditions Precedent to All Advances and Letter of Credit Issuances	  	 	32	  
			
	 ARTICLE IV
	 	REPRESENTATIONS AND WARRANTIES	  	 	33	  
			
	 4.1
	 	Representations and Warranties of the Borrower	  	 	33	  
			
	 ARTICLE V
	 	GENERAL COVENANTS OF THE BORROWER	  	 	40	  
			
	 5.1
	 	Affirmative Covenants of the Borrower	  	 	40	  
	 5.2
	 	Reporting Requirements of the Borrower	  	 	43	  
	 5.3
	 	Negative Covenants of the Borrower	  	 	44	  
			
	 ARTICLE VI
	 	ACCOUNTS	  	 	47	  
			
	 6.1
	 	Establishment of Accounts    	  	 	47	  

  
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Agreement 
  
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 Table of Contents 

(Continued) 
  

							
	 	 	 	  	Page	 
			
	 ARTICLE VII
	 	GRANT OF SECURITY INTERESTS	  	 	51	  
			
	 7.1
	 	Borrower’s Grant of Security Interest	  	 	51	  
	 7.2
	 	Borrower’s Agreements	  	 	52	  
	 7.3
	 	Delivery of Collateral	  	 	52	  
	 7.4
	 	Borrower Remains Liable	  	 	52	  
	 7.5
	 	Covenants of the Borrower Regarding the Borrower Collateral	  	 	53	  
			
	 ARTICLE VIII
	 	TERMINATION EVENTS	  	 	55	  
			
	 8.1
	 	Termination Events	  	 	55	  
			
	 ARTICLE IX
	 	REMEDIES	  	 	59	  
			
	 9.1
	 	Actions Upon a Termination Event	  	 	59	  
	 9.2
	 	[Reserved]	  	 	60	  
	 9.3
	 	Exercise of Remedies	  	 	60	  
	 9.4
	 	Power of Attorney	  	 	61	  
	 9.5
	 	Continuing Security Interest	  	 	61	  
	 9.6
	 	Lockbox Direction	  	 	61	  
			
	 ARTICLE X
	 	INDEMNIFICATION	  	 	61	  
			
	 10.1
	 	Indemnities by the Borrower	  	 	61	  
			
	 ARTICLE XI
	 	ADMINISTRATIVE AGENT	  	 	64	  
			
	 11.1
	 	Authorization and Action	  	 	64	  
	 11.2
	 	Reliance	  	 	65	  
	 11.3
	 	GE Capital and Affiliates	  	 	65	  
	 11.4
	 	Lender and LC Lender Credit Decision	  	 	65	  
	 11.5
	 	Indemnification	  	 	66	  
	 11.6
	 	Successor Administrative Agent	  	 	66	  
	 11.7
	 	Set-off and Sharing of Payments	  	 	67	  
			
	 ARTICLE XII
	 	MISCELLANEOUS	  	 	67	  
			
	 12.1
	 	Notices	  	 	67	  
	 12.2
	 	Binding Effect; Assignability	  	 	68	  
	 12.3
	 	Termination; Survival of Borrower Obligations Upon Facility Maturity Date	  	 	70	  
	 12.4
	 	Costs and Expenses	  	 	70	  
	 12.5
	 	Confidentiality	  	 	72	  
	 12.6
	 	Complete Agreement; Modification of Agreement	  	 	73	  
	 12.7
	 	Amendments and Waivers	  	 	73	  
	 12.8
	 	No Waiver; Remedies	  	 	74	  
	 12.9
	 	Amendments Affecting Swing Line Lender	  	 	74	  
	 12.10
	 	GOVERNING LAW; CONSENT TO JURISDICTION; WAIVER OF JURY TRIAL	  	 	74	  
	 12.11
	 	Counterparts	  	 	76	  
	 12.12
	 	Severability	  	 	76	  
	 12.13
	 	Section Titles    	  	 	76	  

  
 Credit and Security
Agreement 
  
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 Table of Contents 

(Continued) 
  

							
	 	 	 	  	Page	 
			
	 12.14
	 	Further Assurances	  	 	76	  
	 12.15
	 	Interest Rate Limitation	  	 	77	  
	 12.16
	 	Lender Acknowledgement	  	 	77	  

  
 Credit and Security
Agreement 
  
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	EXHIBITS	  	
	Exhibit 2.1(a)(ii)	  	Form of Revolving Note
	Exhibit 2.1(e)(i)	  	Form of Swing Line Note
	Exhibit 2.2(a)	  	Form of Commitment Reduction Notice
	Exhibit 2.2(b)	  	Form of Commitment Termination Notice
	Exhibit 2.3(a)	  	Form of Borrowing Request
	 Exhibit 2.3(b)(iv)
 Exhibit 2.3(g)
	  	 Form of Notice of Conversion/Continuation
 Form
of Repayment Notice

	 Exhibit 2-10(D)-1
 Exhibit 2-10(D)-2

Exhibit 2-10(D)-3
 Exhibit 2-10(D)-4

Exhibit 5.2(b)
	  	 Form of U.S. Tax Compliance Certificate
 Form of
U.S. Tax Compliance Certificate
 Form of U.S. Tax Compliance Certificate

Form of U.S. Tax Compliance Certificate
 Form of Borrowing Base
Certificate

	Exhibit 9.4	  	Form of Power of Attorney
	Exhibit 12.2(b)	  	Form of Assignment Agreement
		
	Schedule 2.1	  	Assignor Lender’s Loan
	Schedule 4.1(b)	  	Jurisdiction of organization; Executive Offices; Collateral Locations; Legal Name
		
	Schedule 12.1	  	Notice Addresses
	Annex 5.2(a)	  	Reporting Requirements of the Borrower (including Forms of Monthly Report and Weekly Report)
	Annex T	  	Revolving Commitments and Term Commitments
	Annex U	  	Indebtedness
	Annex V	  	Fixed Charge Coverage Ratio
	Annex W	  	Administrative Agent’s Account/Lenders’ Accounts
	Annex X	  	Definitions and Interpretations

  
 i 

 THIS CREDIT AND SECURITY AGREEMENT (as amended, restated, supplemented or
otherwise modified and in effect from time to time, the “Agreement” or the “Credit Agreement”) is entered into as of September 19, 2014 by and among ANR SECOND RECEIVABLES FUNDING, LLC, a Delaware limited
liability company (the “Borrower”), THE FINANCIAL INSTITUTIONS SIGNATORY HERETO FROM TIME TO TIME as lenders (the “Lenders”), and GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation
(“GECC”), as a Lender, as Swing Line Lender (the “Swing Line Lender”), as LC Lender and as administrative agent for the Lenders hereunder (in such capacity, the “Administrative Agent”) and WEBSTER
BUSINESS CREDIT CORPORATION, a New York corporation, as LC Lender and as a Lender. 
 RECITALS 

A.        The Borrower has been formed for the purpose of purchasing and otherwise
acquiring Receivables. 
 B.        The Borrower intends to (A) fund its
purchases of the Receivables by (i) borrowing Revolving Credit Advances pursuant to the terms hereof and/or (ii) causing the LC Lenders to issue Letters of Credit pursuant to the terms hereof, in each case from time to time and as
described herein, and (B) pledge all of its right, title and interest in and to the Receivables as security for the Advances and for any Letters of Credit. 

C.        The Administrative Agent has been requested and is willing to act as
administrative agent on behalf of each of the Lenders in connection with the making and financing of such Revolving Credit Advances, subject to the terms and conditions hereof. 

AGREEMENT 

NOW, THEREFORE, in consideration of the premises and the mutual covenants hereinafter contained, and for other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 ARTICLE I

 DEFINITIONS AND INTERPRETATION 

1.1        Definitions. Capitalized terms used herein and not otherwise defined
shall have the meanings ascribed to them in Annex X. 
 1.2        Rules
of Construction. For purposes of this Agreement, the rules of construction set forth in Annex X shall govern. All Appendices hereto, or expressly identified to this Agreement, are incorporated herein by reference and, taken together with
this Agreement, shall constitute but a single agreement. 
 ARTICLE II 

AMOUNTS AND TERMS OF ADVANCES 

2.1        Advances. 

(a)        Revolving Credit Advances and Letter of Credit Issuances. From and
after the Closing Date and until the Facility Maturity Date (x) subject to the terms and conditions hereof, each 

  
 Credit and Security
Agreement 

 
Lender severally agrees to make its Pro Rata Share of revolving advances (each such advance hereunder, a “Revolving Credit Advance”) to the Borrower from time to time,
(y) subject to the terms and conditions hereof, the LC Lenders shall issue Letters of Credit from time to time; provided, that, immediately prior to and after giving effect to any Revolving Credit Advance or issuance of Letter of Credit,
(A) the Outstanding Principal Amount shall not exceed the lesser of the Maximum Revolving Commitment Amount and the Borrowing Base and (B) the sum of (1) the Outstanding Principal Amount of Revolving Credit Advances made by any Lender
and (2) the LC Participation Amount attributable to such Lender shall not exceed such Lender’s Revolving Commitment and (z) subject to the terms and conditions hereof, the Swing Line Lender agrees to make Swing Line Advances.
Notwithstanding the foregoing, except to the extent provided in Section 2.6(c) and Section 2.19(c) with respect to Revolving Credit Advances, no Lender shall make any Revolving Credit Advances or Swing Line Advances and the
LC Lenders shall not issue any Letter of Credit in either case if, after giving effect thereto, a Funding Excess would exist. The Borrower may from time to time borrow, repay and reborrow Revolving Credit Advances and Swing Line Advances hereunder,
in each case on the terms and conditions set forth herein. The Borrower shall execute and deliver to each Lender that makes a request therefor, a note (each, a “Revolving Note”) to evidence the Revolving Credit Advances which may be
made hereunder from time to time by such Lender. Each such note shall be (x) in the principal amount of the Revolving Commitment of the applicable Lender, (y) dated the date of issuance thereof, and (z) substantially in the form of
Exhibit 2.1(a)(ii). Each Revolving Note shall represent the obligation of the Borrower to pay the amount of each Lender’s Revolving Commitment or, if less, such Lender’s Pro Rata Share of the aggregate Outstanding Principal Amount
of all outstanding Revolving Credit Advances made to the Borrower, together with interest thereon as prescribed in Section 2.6. Notwithstanding anything to the contrary herein, each LC Lender party hereto may elect to issue Letters of
Credit solely in its own name and may only issue Letters of Credit to the extent permitted by applicable law and no LC Lender makes any representation or warranty that any such Letters of Credit would be accepted by all beneficiaries, including
insurance companies. 
 (b)        The Outstanding Principal Amount of Advances and
all other accrued and unpaid Borrower Obligations shall be immediately due and payable in full in immediately available funds on the Facility Maturity Date. 

(c)        [Reserved.] 

(d)        In addition, in the event the Borrower fails to reimburse any LC Lender
for the full amount of any drawing under any Letter of Credit on the applicable Drawing Date (out of its own funds available therefor) pursuant to Section 2.19(b) and a Reimbursement Deficiency exists on such Drawing Date, then the
Borrower shall, automatically (and without the requirement of any further action on the part of any Person hereunder), be deemed to have requested a Revolving Credit Advance, as applicable, on such date, on the terms and subject to the conditions
hereof, in an amount equal to the amount of such Reimbursement Deficiency. Subject to the limitations on funding set forth in paragraph (a) above (and the other requirements and conditions herein), the Lenders shall fund their respective
portions of such deemed Revolving Credit Advance and deliver the proceeds thereof directly to the Administrative Agent to be immediately distributed (ratably) to the LC Lenders in satisfaction of the Reimbursement Deficiency pursuant to
Section 2.19(c), below, to the extent of the amounts permitted to be funded by the Lenders at such time, hereunder. In the event that any Letter of Credit expires by its terms or irrevocably is surrendered without being drawn (in whole
or in part) then, in such event, the foregoing commitment to make Revolving Credit Advances shall expire with respect to such Letter of Credit and the LC Participation Amount shall automatically reduce by the amount of the Letter of Credit which
shall have so expired. 

  
 2 

 (e)        Swing Line Advances.
From and after the Closing Date and until the Facility Maturity Date and subject to the terms and conditions hereof, the Swing Line Lender agrees to make advances (each such advance hereunder, a “Swing Line Advance”) to the Borrower
from time to time; provided that if the Swing Line Lender believes in good faith and within its commercially reasonable credit judgment that one or more Lenders is, are or will be a Non-Funding Lender, the Swing Line Lender may, in its sole
discretion after consultation with the Borrower and the Servicer, elect not to make the portion of a Swing Line Advance equal to the Pro Rata Share of such Lender or Lenders of the requested amount of the Swing Line Advance unless the Swing Line
Lender shall have received Adequate Security with respect to such portion of the requested Swing Line Advance. Except in connection with Section 2.6(c), the Swing Line Lender shall not (and shall not be required to) make any Swing Line
Advance if, after giving effect thereto, a Funding Excess would exist. The aggregate amount of the outstanding Swing Line Advances shall not at any time exceed the Swing Line Commitment. Under no circumstances shall the Swing Line Lender make a
Swing Line Advance if, after giving effect thereto, the aggregate outstanding amount of the Swing Line Advances would exceed the Swing Line Commitment. The Borrower may from time to time borrow, repay and reborrow Swing Line Advances hereunder on
the terms and conditions set forth herein. Unless the Swing Line Lender has (i) received prior written notice from the Lenders instructing it not to make a Swing Line Advance because of the failure of any condition precedent set forth in
Section 3.1 or 3.2 to be satisfied or (ii) actual knowledge of the failure of any condition precedent set forth in Section 3.1 or 3.2 to be satisfied, the Swing Line Lender shall, notwithstanding the
failure of any such condition precedent to be satisfied, be entitled to fund such Swing Line Advance, and to have the Lenders make Revolving Credit Advances in accordance with Section 2.1(e)(ii) or purchase participating interests (the
“Swing Line Participation”) in accordance with Section 2.1(e)(iii). 

(i)        If requested by the Swing Line Lender, the Borrower shall
execute and deliver to the Swing Line Lender a note to evidence the Swing Line Advance. Such note shall be in the principal amount of the Swing Line Commitment and substantially in the form of Exhibit 2.1(e)(i) (the “Swing Line
Note”). The Swing Line Note shall represent the obligation of the Borrower to pay the Swing Line Advance, together with interest thereon as prescribed in Section 2.6. 

(ii)       The Swing Line Lender, at any time and from time to time not
less than two (2) Business Days after making any Swing Line Advance, shall on behalf of the Borrower (and the Borrower hereby irrevocably authorizes the Swing Line Lender to so act on its behalf) request each Lender (excluding the Swing Line
Lender) to make a Revolving Credit Advance to the Borrower in an amount equal to such Lender’s Pro Rata Share of the principal amount of the Swing Line Advance (the “Refunded Swing Line Advance”) outstanding on the date such
request is made. Unless the Facility Maturity Date has occurred and regardless of whether the conditions precedent set forth in Sections 3.1 and 3.2 to the making of an Advance are then satisfied, each Lender shall disburse directly to
the Administrative Agent, its Pro Rata Share of a Revolving Credit Advance on behalf of the Swing Line Lender, prior to 2:00 p.m. (New York time), in immediately available funds on the Business Day next succeeding the date on which such request is
made. 
 (iii)      If, prior to refunding a Swing Line Advance with a
Revolving Credit Advance pursuant to Section 2.1(e)(ii), the Facility Maturity Date has occurred, then, subject to the provisions of Section 2.1(e)(iv) below, each Lender shall, on the date such Revolving Credit Advance was
to have been made for the benefit of the Borrower, purchase from the Swing Line Lender an undivided participation interest in the Swing Line Advance in an amount equal to its Pro Rata Share of such Swing Line Advance. Upon request by the Swing Line
Lender, each 

  
 3 

 
Lender shall promptly transfer to the Swing Line Lender, in immediately available funds, the amount of its participation interest. 

(iv)        Each Lender’s obligation to make Revolving Credit
Advances in accordance with Section 2.1(e)(ii) and to purchase participation interests in accordance with Section 2.1(e)(iii) shall be absolute and unconditional and shall not be affected by any circumstance, including
(A) any set-off, counterclaim, recoupment, defense or other right that such Lender may have against the Swing Line Lender, the Borrower or any other Person for any reason whatsoever; (B) the occurrence or continuance of any Termination
Event or Incipient Termination Event; (C) any inability of the Borrower to satisfy the conditions precedent to borrowing set forth in this Agreement at any time; or (D) any other circumstance, happening or event whatsoever, whether or not
similar to any of the foregoing. If any Lender does not make available to the Administrative Agent or the Swing Line Lender, as applicable, the amount required pursuant to Sections 2.1(e)(ii) or (e)(iii), as the case may be, the Swing
Line Lender shall be entitled, in its discretion, to (x) to recover such amount on demand from such Lender, together with interest thereon for each day from the date of non-payment until such amount is paid in full at the Federal Funds Rate for
the first two Business Days from the date of such non-payment and, thereafter, at the Index Rate and (y) apply, to the extent and in satisfaction of such amount, any collateral provided by or on behalf of such Lender as Adequate Security. 

(v)         Notwithstanding anything herein to the contrary, if
the Swing Line Lender elects not to make the portion of a Swing Line Advance in respect of any Lender (a “Specified Lender”) pursuant to the proviso to the first sentence of Section 2.1(e), each other Lender’s
obligation to make Revolving Credit Advances in accordance with Section 2.1(e)(ii) and to purchase participation interests in accordance with Section 2.1(e)(iii) in respect of such Swing Line Advance shall be calculated
ratably based on the respective Revolving Commitments of the Lenders (other than, for the avoidance of doubt, any Lender that is a Specified Lender). 

2.2         Changes in Maximum Revolving Commitment Amount. 

(a)        The Borrower may reduce the Maximum Revolving Commitment Amount
permanently; provided, that (i) the Borrower shall give 3 Business Days’ prior written notice of any such reduction to the Administrative Agent substantially in the form of Exhibit 2.2(a) (each such notice, a
“Commitment Reduction Notice”), (ii) any partial reduction of the Maximum Revolving Commitment Amount shall be in a minimum amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof, (iii) no such
reduction shall reduce the Maximum Revolving Commitment Amount below the result of (1) the aggregate Outstanding Principal Amount minus (2) the result of (x) the amount then on deposit in the LC Collateral Account divided by
(y) 1.05, in each case at such time (after giving effect to any concurrent prepayment of Advances) and (iv) no such partial reduction shall reduce the Maximum Revolving Commitment Amount to less than $20,000,000. A permanent reduction of
the Maximum Revolving Commitment Amount shall require a corresponding pro rata reduction in the Swing Line Commitment; provided, however, that no such reduction shall reduce the Swing Line Commitment below the aggregate outstanding
amount of the Swing Line Advances. 
 (b)        The Borrower may, at any time, on
at least three (3) Business Days’ prior written notice by the Borrower to the Administrative Agent, irrevocably terminate the Maximum Revolving Commitment Amount; provided, that (i) such notice of termination shall be
substantially in the form of Exhibit 2.2(b) (the “Commitment Termination Notice”) and (ii) the Borrower shall make all payments required by Section 2.3(g) at the time and in the manner specified therein. Upon
such termination, the Borrower’s right to request that (1) any Lender make Advances, (2) the Swing Line Lender make Swing Line Advances, or (3) any LC Lender issue Letters of Credit hereunder, shall in each case simultaneously

  
 4 

 
terminate and the Facility Maturity Date shall automatically occur, and from and after such termination, no Lender will be obligated to make any Advance hereunder and no LC Lender will be
obligated to issue any Letter of Credit hereunder. Notwithstanding the foregoing, no termination of the Maximum Revolving Commitment Amount may occur unless (x) each Letter of Credit previously issued has terminated irrevocably and in full or
(y) the amount then on deposit in the LC Collateral Account equals or exceeds the LC Deposit Amount at such time. 

(c)         Each written notice required to be delivered pursuant to Sections
2.2(a) and (b) shall be irrevocable and shall be effective (i) on the day of receipt if received by the Administrative Agent and the Lenders not later than 11:00 a.m. (New York time) on any Business Day and (ii) on the
immediately succeeding Business Day if received by the Administrative Agent and the Lenders after such time on such Business Day or on a day other than a Business Day. Each such notice of termination or reduction shall specify, respectively, the
amount of, or the amount of the proposed reduction in, the Maximum Revolving Commitment Amount. 

(d)         Any reduction in the Maximum Revolving Commitment Amount hereunder
shall result in a reduction in each Lender’s Revolving Commitment in an amount equal to such Lender’s Pro Rata Share of the amount by which the Maximum Revolving Commitment Amount is being reduced. 

2.3         Borrower Procedures for Making Swing Line and Revolving Credit
Advances. 
 (a)         Borrowing
Requests.    Except as provided in Sections 2.6(c) and 2.19(c), each Borrowing of a Swing Line or Revolving Credit Advance shall be made upon notice by the Borrower to the Administrative Agent in the manner provided
herein. Any such notice must be given in writing so that it is received no later than (1) in the case of any Borrowing of Swing Line Advances, 10:00 a.m. (New York time) on the Business Day of the proposed Advance Date set forth therein and
(2) in the case of any Revolving Credit Advances, 10.a.m. (New York time) on the Business Day prior to the Business Day of the proposed Advance Date set forth therein. Each such notice of a Swing Line or Revolving Credit Advance (a
“Borrowing Request”) shall (i) be substantially in the form of Exhibit 2.3(a), (ii) be irrevocable and (iii) specify (A) the amount of the requested Borrowing of a Swing Line Advance or Revolving Credit
Advance (which shall be in a minimum amount of $300,000 or an integral multiple of $100,000 in excess thereof), (B) the proposed Advance Date (which shall be a Business Day), and (C) whether the Borrowing of a Swing Line Advance or
Revolving Credit Advance is to be a LIBOR Rate Advance or an Index Rate Advance, and shall include such other information as may be reasonably required by the Lenders and the Administrative Agent. 

(b)         Advances; Payments. 

(i)        (A)  The Administrative Agent shall, promptly
after receipt of a Borrowing Request delivered in accordance with Section 2.3(a) and in any event prior to 11:00 a.m. (New York time) on the date such Borrowing Request is deemed received, by telecopy, telephone or other similar form of
communication notify the Lenders, as applicable, of its receipt of a Borrowing Request relating to a request for Revolving Credit Advances or Swing Line Advances, as applicable, and (B) subject to the terms hereof (including, without
limitation, the satisfaction of the conditions precedent set forth in Section 3.2), each applicable Lender shall make its required portion of such Revolving Credit Advance or Swing Line Advance, as applicable, available to the
Administrative Agent in same day funds by wire transfer to the Administrative Agent’s account as set forth in Annex W not later than 3:00 p.m. (New York time) on the requested Advance Date. After receipt of such wire transfers (or, in
the Administrative Agent’s sole discretion in accordance with Section 2.3(c), before receipt of such wire transfers), subject to the terms hereof (including, without limitation, the satisfaction of the conditions

  
 5 

 
precedent set forth in Section 3.2) the Administrative Agent shall make available to the account designated by the Borrower on the Advance Date therefor, the lesser of (x) the
amount of the requested Borrowing and (y) the Funding Availability. All payments by each Lender under this Section 2.3(b)(i) shall be made without set-off, counterclaim or deduction of any kind. 

(ii)          On each Settlement Date, the Administrative
Agent will advise each Lender by telephone or telecopy of the amount of such Lender’s Pro Rata Share of principal, interest and Fees (to the extent payable to all Lenders) paid for the benefit of Lenders with respect to each Advance. Provided
that such Lender has made all payments required to be made by it and purchased all participations required to be purchased by it under this Agreement and the other Transaction Documents as of such Settlement Date, the Administrative Agent will pay
to each Lender such Lender’s Pro Rata Share of principal, interest, Fees (to the extent payable to all Lenders) and other amounts with respect to each applicable Advance, paid by the Borrower since the previous Settlement Date for the benefit
of that Lender. Such payments shall be made by wire transfer to such Lender’s account (as specified by such Lender in Annex W or the applicable Assignment Agreement) not later than 3:00 p.m. (New York time) on each Settlement Date. 

 (iii)        On each Settlement Date, the Administrative Agent
will advise the Swing Line Lender of the amount of principal, interest and Fees paid for the benefit of the Swing Line Lender with respect to the Swing Line Advance. The Administrative Agent will pay to the Swing Line Lender the amount of principal,
interest and Fees paid by the Borrower since the previous Settlement Date for the benefit of the Swing Line Lender. Such payments shall be made by wire transfer or by book balance to the Swing Line Lender’s account (as specified by the Swing
Line Lender) not later than 3:00 p.m. (New York time) on each Settlement Date. 

 (iv)        The Borrower shall have the option to
(i) request that any Swing Line Advance or Revolving Credit Advance be made as a LIBOR Rate Advance, (ii) convert at any time all or any part of the outstanding Revolving Credit Advances (but not any Swing Line Advances) from LIBOR Rate
Advances to Index Rate Advances, (iii) convert any outstanding Index Rate Advances to LIBOR Rate Advances (if such conversion is made prior to the expiration of the Interest Period applicable thereto) or (iv) continue all or any portion of
any Advances as a LIBOR Rate Advances upon expiration of the applicable Interest Period. Any such election must be made by Borrower by 2:00 p.m. on the third Business Day prior to (1) the date of any proposed Swing Line Advance or Revolving
Credit Advance which is to be a LIBOR Rate Advance, (2) the end of each Interest Period with respect to any LIBOR Rate Advance to be continued as such, or (3) the date on which the Borrower wishes to convert any Index Rate Advance to a
LIBOR Rate Advance. If no election is received with respect to a LIBOR Rate Advance by 2:00 p.m. on the third Business Day prior to the end of the Interest Period with respect thereto, that LIBOR Rate Advance shall be converted to an Index Rate
Advance at the end of its Interest Period. The Borrower must make such election by notice to the Administrative Agent in writing. In the case of any conversion or continuation, such election must be made pursuant to a written notice (a
“Notice of Conversion/Continuation”) substantially in the form of Exhibit 2.3(b)(iv) or in a writing in any other form acceptable to the Administrative Agent. No Swing Line Advance or Revolving Credit Advance shall be made,
converted into or continued as a LIBOR Rate Advance, if each condition to such type of Advance hereunder at the time of such proposed conversion or continuation is not satisfied or Administrative Agent or Lenders have determined not to make or
continue any Advance as a LIBOR Rate Advance as a result thereof. 

(c)        Availability of Lenders’ Advances. The Administrative Agent
may assume that each Lender will make its Pro Rata Share of each Advance available to the Administrative Agent on each Advance Date. If the Administrative Agent has made available to the Borrower such Lender’s Pro Rata

  
 6 

 
Share of any Advance but such Pro Rata Share is not, in fact, paid to the Administrative Agent by such Lender when due, the Administrative Agent will be entitled to recover such amount on demand
from (x) such Lender without set-off, counterclaim or deduction of any kind and (y) any collateral provided as Adequate Security. If any Lender fails to pay the amount of its Pro Rata Share forthwith upon the Administrative Agent’s
demand, the Administrative Agent shall promptly notify the Borrower and the Borrower shall immediately repay such amount to the Administrative Agent. Nothing in this Section 2.3(c) or elsewhere in this Agreement or the other Transaction
Documents shall be deemed to require the Administrative Agent to advance funds on behalf of any Lender or to relieve any Lender from its obligation to fulfill its Revolving Commitment hereunder or to prejudice any rights that the Borrower may have
against any Lender as a result of any default by such Lender hereunder. To the extent that the Administrative Agent advances funds to the Borrower on behalf of any Lender and is not reimbursed therefor on the same Business Day as such Advance is
required to be made, the Administrative Agent shall be entitled to retain for its account all interest, Fees and other amounts accrued on such Advance from the date of such Advance to the date such Advance is reimbursed by the applicable Lender or
Borrower, as the case may be. Upon receipt of a Notice of Conversion/Continuation, the Administrative Agent will promptly notify each Lender thereof. In addition, Administrative Agent will, with reasonable promptness, notify the Borrower and the
Lenders of each determination of the LIBOR Rate; provided that any failure to do so shall not relieve the Borrower of any liability hereunder or provide the basis for any claim against Administrative Agent. All conversions and continuations shall be
made pro rata according to the respective outstanding principal amounts of the Swing Line Advance and/or Revolving Credit Advances held by each Lender with respect to which the notice was given. 

(d)         Return of Payments. 

(i)         If the Administrative Agent pays an amount to a
Lender under this Agreement in the belief or expectation that a related payment has been or will be received by the Administrative Agent from the Borrower and such related payment is not received by the Administrative Agent, then the Administrative
Agent will be entitled to recover such amount from (x) such Lender on demand without set-off, counterclaim or deduction of any kind or (y) any collateral provided as Adequate Security. 

(ii)        If at any time any amount received by the Administrative
Agent under this Agreement must be returned to the Borrower or paid to any other Person pursuant to any insolvency law or otherwise, then, notwithstanding any other term or condition of this Agreement or any other Transaction Document, the
Administrative Agent will not be required to distribute any portion thereof to any Lender. In addition, each Lender will repay to the Administrative Agent (or the Administrative Agent may apply any Adequate Security) on demand any portion of such
amount that the Administrative Agent has distributed to such Lender, together with interest at such rate, if any, as the Administrative Agent is required to pay to the Borrower or such other Person, without set-off, counterclaim or deduction of any
kind. 
 (e)         Non-Funding Lenders.  The obligation of
each Lender to make its portion of any Revolving Credit Advance shall be severable. The failure of any Non-Funding Lender to make any Revolving Credit Advance to be made by it on the date specified therefor (including in respect of any Reimbursement
Deficiency) shall not relieve any other Lender (each such other Lender, an “Other Lender”) of its obligations to make the Revolving Credit Advance required to be made by it (or any other advance or participation required of it
hereunder, including in connection with Swing Line Advances), but neither any Other Lender nor the Administrative Agent shall be responsible for the failure of any Non-Funding Lender to make a Revolving Credit Advance to be made by such Non-Funding
Lender. Notwithstanding anything set forth herein to the contrary, a Non-Funding Lender shall not have any voting or consent rights under or with respect to any Transaction Document or constitute a “Lender” (or

  
 7 

 
be included in the calculation of “Requisite Lenders” or “Required Remedies Lenders” hereunder) for any voting or consent rights under or with respect to any
Transaction Document unless and until such Non-Funding Lender shall cease to be a Non-Funding Lender as defined in Annex X. 

(f)         Actions in Concert.  Anything in this Agreement to
the contrary notwithstanding, each Lender hereby agrees with each other Lender that no Lender shall take any action to protect or enforce its rights arising out of this Agreement or the Notes (other than any rights of set-off, which are subject to
the provisions of Section 11.7 hereof) without first obtaining the prior written consent of the Administrative Agent or the Requisite Lenders (which consent shall not be unreasonably withheld or delayed), it being the intent of the
Lenders that any such action to protect or enforce rights under this Agreement, or the Notes shall, subject to any provision herein requiring that each Lender (or any other specified threshold of Lenders) consent to a particular action, be taken in
concert and at the direction or with the consent of the Administrative Agent or the Requisite Lenders (which consent shall not be unreasonably withheld or delayed). 

(g)         Principal Repayments.    The Borrower may
at any time repay outstanding Revolving Credit Advances and Swing Line Advances hereunder; provided that (i) unless such payment is to cure a Funding Excess or to avoid the occurrence of an Account Control Event or a Termination Event
under Section 8.1(v) (in which case same-day notice shall be permitted), the Borrower shall give not less than (X) in the case of any repayment of $25,000,000 or less, two (2) Business Days’ prior written notice or
(Y) otherwise, five (5) Business Days’ prior written notice, in each case of any such repayment to the Administrative Agent substantially in the form of Exhibit 2.3(g) (each such notice, a “Repayment Notice”),
(ii) each such notice shall be irrevocable, (iii) each such notice shall specify the amount of the requested repayment and the proposed date of such repayment (which shall be a Business Day), (iv) any such repayment shall be applied
first, to the Swing Line Advance until the Outstanding Principal Amount thereof has been reduced to zero and second, pro rata to the Lenders to reduce the outstanding Revolving Credit Advances until the Revolving Credit Advances
have been reduced to zero and (v) any such repayment must be accompanied by payment of (A) all interest, Fees and other amounts accrued and unpaid on the portion of the outstanding principal balance of the Revolving Credit Advances to be
repaid through but excluding the date of such repayment and (B) any amounts required to be paid in accordance with Section 2.15, if any. The foregoing requirements shall not apply to repayment of the outstanding principal amount of
Revolving Credit Advances or Swing Line Advances as a result of the application of Collections or other amounts pursuant to Section 2.8. To the extent permitted by the foregoing sentences, amounts prepaid shall be applied first to any
Index Rate Advances then outstanding and then to outstanding LIBOR Rate Advances. 

2.4         Pledge and Release of Receivables. 

(a)         Pledge.    The Borrower shall indicate in
its Records that its interests in the Receivables have been pledged hereunder and that the Administrative Agent has a lien on and security interest in all such Receivables for the benefit of the Secured Parties. Subject to Section 7.3,
the Borrower shall, and shall cause the Servicer to, hold all Contracts and other documents relating to such Receivables in trust and in a custodial capacity for the benefit of the Administrative Agent on behalf of the Secured Parties in accordance
with their interests hereunder. 
 (b)         Repurchases of
Receivables. 
 (i)        If the Originator is required to
repurchase Receivables from the Borrower pursuant to Section 4.04 the Receivables Sale Agreement, upon payment by the Borrower or the Originator to a Collection Account of the applicable repurchase price thereof (which repurchase price shall
not be less than an amount equal to the Billed Amount of such 

  
 8 

 
Receivable minus the sum of Collections received that have reduced the Outstanding Balance thereof), the Administrative Agent on behalf of the Secured Parties shall provide a written
release of its Liens on and security interests in the Receivables being so repurchased. The Administrative Agent shall (and the Lenders hereby authorize the Administrative Agent to) take such actions and deliver such documents (including UCC-3
amendments) as are reasonably requested by the Borrower and at the Borrower’s expense to evidence such release. 

(ii)        Upon an Inactive Seller or Terminating Seller ceasing to
be a Seller hereunder in accordance with the Sales Agency Agreement and the Sale Agreement, the Lien of the Administrative Agent on property of such Seller (other than existing Receivables (and related Sold Property) already constituting Borrower
Collateral) shall be automatically released, and the Administrative Agent shall cooperate, at the Originator’s expense, with any reasonable request of the Originator to evidence such release; provided, however, that no such
automatic release shall occur unless (A) the Borrower and the Servicer have provided a written certification to the Administrative Agent stating that the conditions of the Sales Agency Agreement to such Inactive Seller or Terminating Seller
ceasing to be a Seller have been satisfied and (B) the Administrative Agent has received written notice of such event at least thirty (30) days (or such shorter notice period as to which the Administrative Agent may consent), but not more
than ninety (90) days, prior to such entity ceasing to be a Seller under the Sales Agency Agreement; provided, further, that (1) the written certification required under clause (A) above may be given in the form of one written
certification signed by both the Borrower and the Servicer and (2) the written certification required under clause (A) above may be combined with, and form a part of, the written notice required to be given to the Administrative Agent
under clause (B) above. 
 (c)         Termination Date
Release.    Notwithstanding any other provision of this Agreement, the Administrative Agent agrees to (and the Lenders hereby authorize the Administrative Agent to) promptly take such actions as are reasonably requested by
the Borrower and at the Borrower’s expense to evidence the termination of the Liens and security interests created by the Transaction Documents on and after the Termination Date. 

(d)         Other Releases.    The Administrative
Agent shall (and the Lenders hereby authorize the Administrative Agent to) take such action and execute any such documents as may be reasonably requested by the Borrower, the Originator, the Servicer or any Seller (at the requesting party’s
expense) to evidence the release of any Liens created by any Transaction Document in respect of assets that have been conveyed, sold, leased, assigned, transferred or otherwise disposed of by any Seller pursuant to Section 4.3(c) of the Sale
Agreement. 
 2.5         Facility Maturity
Date.    Notwithstanding anything to the contrary set forth herein, no Lender shall have any obligation to make any Revolving Credit Advances (other than Revolving Credit Advances in respect of any Participation Advance
pursuant to Section 2.19(c)) and each LC Lender shall not have any obligation to issue Letters of Credit, in each case from and after the Facility Maturity Date. 

2.6         Interest; Charges. 

(a)         The Borrower shall pay interest to the Administrative Agent, for the
ratable benefit of the Lenders, with respect to the outstanding amount of each Advance made or maintained by each Lender during each Settlement Period, in arrears on each applicable Settlement Date, (i) for each LIBOR Rate Advance outstanding
from time to time, at the applicable LIBOR Rate as in effect from time to time during the related Settlement Period, and (ii) for each Index Rate Advance outstanding from time to time, at the applicable Index Rate as in effect from time to time
during the related Settlement Period. The Borrower shall pay interest to the Administrative Agent, for the benefit of the Swing Line Lender, 

  
 9 

 
with respect to the outstanding amount of each Swing Line Advance, in arrears on each applicable Settlement Date, at the LIBOR Rate as in effect from time to time during the period applicable to
such Settlement Date. Interest for each Advance shall be calculated based upon actual days elapsed during the applicable Settlement Period, for a 360 day year based upon actual days elapsed since the last Settlement Date. No later than one
(1) Business Day prior to each Settlement Date, the Administrative Agent will provide to the Borrower written notice of the amount of interest payable on such Settlement Date. 

(b)         For the avoidance of doubt, (i) any LC Participation shall
constitute an Advance made and maintained by a Lender in an amount equal to such LC Participation and (ii) any Swing Line Advance shall constitute an Advance made and maintained by the Swing Line Lender in an amount equal to such Swing Line
Advance. 
 (c)         If any Termination Event has occurred and is
continuing, the interest rates applicable to each Advance and any other unpaid Borrower Obligation hereunder shall be increased by two percent (2.0%) per annum (such increased rate, in each case, the “Default Rate”), and all
outstanding Borrower Obligations shall bear interest at the applicable Default Rate from the date of such Termination Event until such Termination Event is waived or cured. 

(d)         The Administrative Agent is authorized to, and at its sole election
may, charge to the Borrower as Revolving Credit Advances and cause to be paid all Fees, expenses, charges, costs, interest and principal, other than principal of the Revolving Credit Advances, owing by the Borrower under this Agreement or any of the
other Transaction Documents if and to the extent the Borrower fails to pay any such amounts as and when due, and any charges so made shall constitute part of the Outstanding Principal Amount (and shall be deemed to constitute Revolving Credit
Advances) hereunder even if such charges would cause the aggregate balance of the Outstanding Principal Amount to exceed the Borrowing Base. 

2.7         Fees. 

(a)         The Borrower shall pay the Fees (including, for the avoidance of
doubt the Fees set forth in the Fee Letter) and LC Lender Fees in accordance with Section 2.8. No later than one (1) Business Day prior to each Settlement Date, the Administrative Agent will provide to the Borrower written notice of
the amount of fees payable on such Settlement Date. 
 (b)         The Unused
Fee shall be paid for the ratable benefit of such Lenders, in arrears for each Settlement Period on each subsequent Settlement Date prior to the Facility Maturity Date and on the Facility Maturity Date, the Unused Fee for such Settlement Period.

 (c)         On each Settlement Date, the Borrower shall pay to the Servicer
or to the successor Servicer, as applicable, the Servicer Fee or the successor Servicer fees and expenses, respectively, in each case to the extent of available funds therefor pursuant to Section 2.8. 

2.8         Application of Collections; Time and Method of Payments. 

(a)         The collection of the Receivables shall be administered by the
Servicer in accordance with the Servicing Agreement. 
 (b)         On each
Business Day, (x) the Borrower (or the Servicer on behalf of the Borrower) or (y) if the Administrative Agent has terminated the Borrower’s and the Servicer’s rights to direct disposition of funds in the Collection Account
following the occurrence of an Account Control Event, the Administrative Agent, shall allocate (or, in the case of Sections 2.8(b)(iv) and (b)(vii), apply) 

  
 10 

 
amounts on deposit in the Collection Account or other Specified Account and not previously allocated (or applied) under this subsection (b) in the following order of priority: 

(i)        first, to be set aside and held in trust in the
Specified Account for payment in accordance with clause (i) of the following subsection (c), an amount equal to the aggregate Fees and LC Lender Fees accrued and unpaid through such date and all unreimbursed expenses of the
Administrative Agent which are reimbursable pursuant to the terms hereof; 

(ii)       second, to be set aside and held in trust in the
Specified Account for payment in accordance with clause (ii) of the following subsection (c), an amount equal to the aggregate interest with respect to all outstanding Advances then accrued and unpaid; 

(iii)      third, to be set aside and held in trust in the Specified
Account for payment in accordance with clause (iii) of the following subsection (c), an amount equal to the aggregate Servicer Fees accrued and unpaid through such date; 

(iv)      fourth, an amount equal to any Funding Excess in the following
order of priority: (1) first, to be paid to the Swing Line Lender, in order to repay Swing Line Advances, until the outstanding principal balance of the Swing Line Advances is reduced to zero, (2) second to be
paid, pro rata, to the Lenders, in order to repay Revolving Credit Advances, until the outstanding principal balance of the Revolving Credit Advances is reduced to zero, together with any amounts payable with respect thereto under
Section 2.15, if any, and (3) third, to be retained in the Specified Account or deposited in the LC Collateral Account, in either such case, for the benefit of the LC Lenders and the Lenders, until the aggregate amount
retained in the Specified Account or the LC Collateral Account pursuant to this clause (iv) (and remaining on deposit) is equal to the LC Deposit Amount; 

(v)       fifth, if any of the conditions precedent set forth in
Section 3.2 shall not be satisfied, all such remaining amounts (to the extent not greater than the Outstanding Principal Amount) to be retained in the Specified Account until paid in accordance with the following subsection
(c) or all such conditions are satisfied; 
 (vi)      sixth,
to be retained in the Specified Account for payment in accordance with the applicable provisions of the following subsection (c), an amount equal to the aggregate amount of all other accrued and unpaid Borrower Obligations which are then
required to be paid according to such subsection, including the expenses of the Lenders reimbursable under Section 12.4; and 

(vii)     seventh, to be retained in the Specified Account to the extent that
the amounts set aside and held in trust therein pursuant to clauses (i), (ii) and (iii) above are less than the Required Minimum Balance. 

(viii)    eighth, (1) if a Termination Event has occurred and is continuing
or the Facility Maturity Date shall have occurred, any remaining amounts shall be retained in the Specified Account for payment in accordance with the applicable provisions of the following subsection (c) or (2) otherwise, to be
(A) released to the Borrower so long as no Funding Excess would result therefrom, in which case the Borrower shall be permitted to use such amounts to purchase additional Receivables or make a distribution on its Membership Interest in
accordance with Section 5.3(h) or (B) if a Funding Excess would result therefrom, retained in the Specified Account as Cash Collateral (but only to the extent necessary to prevent such Funding Excess from resulting). 

  
 11 

 (c)         On (1) each
Business Day following the occurrence of the Facility Maturity Date and (2) each Settlement Date, (x) the Borrower (or the Servicer on behalf of the Borrower) or (y) if the Administrative Agent has terminated the Borrower’s and
the Servicer’s rights to direct disposition of funds in the Collection Account following the occurrence of an Account Control Event, the Administrative Agent, shall withdraw amounts on deposit in the Specified Account (including any amounts
that were retained therein in accordance with subsection (b) above), and pay such amounts, together with any other amounts on deposit in the Specified Account, as follows in the following order of priority: 

(i)        first, to the extent then due and payable, pro
rata, to the payment of all Fees and LC Lender Fees accrued and unpaid through such date and all unreimbursed expenses of the Administrative Agent which are reimbursable pursuant to the terms hereof; 

(ii)       second, to the payment of accrued and unpaid interest in
respect of the Advances, pro rata; 
 (iii)      third, to the
payment of the aggregate accrued and unpaid Servicer Fees through such date payable to the Servicer; provided, that if the Servicer owes any amounts to the Borrower, such owed amounts shall be set-off from the Servicer Fees so owed and only
the net amount of Servicer Fees shall be paid; 
 (iv)      fourth, an
amount equal to any Funding Excess in the following order of priority: (1) first, paid to the Swing Line Lender, in order to repay the Swing Line Advances, until the outstanding principal balance of the Swing Line Advances is
reduced to zero, (2) second paid, pro rata, to the Lenders, in order to repay Revolving Credit Advances, until the outstanding principal balance of the Revolving Credit Advances is reduced to zero, together with any amounts
payable with respect thereto under Section 2.15, if any, and (3) third, to be retained in the Specified Account or deposited in the LC Collateral Account, in either case, for the benefit of the LC Lenders and the
Lenders, until the aggregate amount retained in the Specified Account or the LC Collateral Account pursuant to this clause (iv) (and remaining on deposit) is equal to the LC Deposit Amount; 

(v)       fifth, if (A) the Facility Maturity Date has
occurred or any Termination Event or Incipient Termination Event has occurred and is continuing and (B) any Revolving Credit Advances or Swing Line Advances remain outstanding, (1) first, to the Swing Line Lender, in order to
repay the Swing Line Advances, until the outstanding principal balance of the Swing Line Advances is reduced to zero and (2) second, to the Lenders, pro rata, in order to repay Revolving Credit Advances, until the
outstanding principal balance of the Revolving Credit Advances is reduced to zero, together with any amounts payable with respect thereto under Section 2.15, if any; 

(vi)      sixth, if (A) the Facility Maturity Date has occurred or
any Termination Event or Incipient Termination Event has occurred and is continuing and (B) the LC Participation Amount is greater than $0, to the LC Collateral Account, for the benefit of the LC Lenders and the Lenders, until the amount on
deposit in the LC Collateral Account is equal to the LC Deposit Amount; 

(vii)     seventh, if any of the conditions precedent set forth in
Section 3.2 shall not be satisfied, all such remaining amounts shall be (1) first, paid to the Swing Line Lender, in order to repay Swing Line Advances, until the outstanding principal balance of the Swing Line
Advances is reduced to zero, (2) second, paid, pro rata, to the Lenders, in order to repay 

  
 12 

 
Revolving Credit Advances, until the outstanding principal balance of the Revolving Credit Advances is reduced to zero, together with any amounts payable with respect thereto under
Section 2.15, if applicable and (3) third, deposited in the LC Collateral Account, for the benefit of the LC Lenders and the Lenders, until the amount on deposit in the LC Collateral Account is equal to the LC Deposit
Amount; 
 (viii)    eighth, to the extent then due and payable, pro
rata, to the payment of all other obligations of the Borrower accrued and unpaid hereunder, including, without limitation, the expenses of the Lenders reimbursable under Section 12.4; 

(ix)      ninth, to the payment of any other Borrower Obligations which
are then required to be paid; 
 (x)       tenth, to be
(1) released to the Borrower so long as no Funding Excess would result therefrom, in which case the Borrower shall be permitted to use such amounts to purchase additional Receivables or make a distribution on its Membership Interest in
accordance with Section 5.3(h) or (2) if a Funding Excess would result therefrom, deposited (or retained) in the Specified Account as Cash Collateral (but only to the extent necessary to prevent such Funding Excess from resulting). 

(d)        In the event that, on any Business Day, a Funding Excess exists after
giving effect to the application of amounts pursuant to Sections 2.8(b) or (c), as applicable, on such Business Day, the Borrower shall deposit an amount equal to the amount of such Funding Excess in the Specified Account by no later
than 11:00 a.m. (New York time) on the immediately succeeding Business Day, which amount shall be applied by the Administrative Agent on such succeeding Business Day in accordance with Section 2.8(b)(iv). 

(e)        To the extent that amounts applied pursuant to Sections 2.8(b) or
(c), as applicable, on any day are insufficient to pay amounts due on such day in respect of (or as a result of) the matured portion of any Advances or any interest, Fees, LC Lender Fees or any other amounts due and payable by the Borrower
hereunder, the Borrower shall pay, upon written notice from the Administrative Agent, the amount of such insufficiency to the Administrative Agent in Dollars, in immediately available funds (for the account of the Administrative Agent, the
applicable Lenders, Affected Parties or Indemnified Persons) not later than 11:00 a.m. (New York time) on such day. Any such payment made on such date but after such time shall be deemed to have been made on, and interest shall continue to accrue
and be payable thereon at the LIBOR Rate (in the case of LIBOR Rate Advances) or the Index Rate (in all other cases) until, the next succeeding Business Day. 

(f)        All payments of principal of the Advances, all required deposits into the
LC Collateral Account and all payments of interest, Fees and other amounts payable by the Borrower hereunder shall be made in Dollars, in immediately available funds. If any such payment becomes due on a day other than a Business Day, the maturity
thereof will be extended to the next succeeding Business Day and interest thereon at the LIBOR Rate (in the case of LIBOR Rate Advances) or Index Rate (in all other cases) shall be payable during such extension. Payments received at or prior to 2:00
p.m. (New York time) on any Business Day shall be deemed to have been received on such Business Day. Payments received after 2:00 p.m. (New York time) on any Business Day or on a day that is not a Business Day shall be deemed to have been received
on the following Business Day. 
 (g)        In the event that the amount on
deposit in the LC Collateral Account exceeds the LC Deposit Amount on any Business Day (after giving effect to any allocations to, and withdrawals from, the LC Collateral Account on such Business Day), the Administrative Agent shall release an
amount 

  
 13 

 
equal to such excess, to be applied pursuant to this Section 2.8 as a Collection received during the Settlement Period in which such release occurs. In the event that any LC Lender
Fees are not paid by the Borrower when due, the Administrative Agent may withdraw amounts from the LC Collateral Account in order to pay such LC Lender Fees (so long as a Funding Excess would not result from such withdrawal). 

(h)         In the event that any amount is owed pursuant to this
Section 2.8 to an LC Lender that is not a party to this Credit Agreement, the Borrower shall pay (or cause the Servicer to pay) such amount to the Administrative Agent (for the benefit of such LC Lender). 

2.9         Capital Requirements; Additional Costs. 

(a)         If any Affected Party shall have determined that, after the Closing
Date, the adoption of or any Change in Law, or any change in any treaty, governmental (or quasi-governmental) rule, regulation, guideline or order regarding capital adequacy, liquidity, reserve requirements or similar requirements or compliance by
such Affected Party with any request or directive regarding capital adequacy, liquidity, reserve requirements or similar requirements (whether or not having the force of law) from any central bank or other Governmental Authority increases or would
have the effect of increasing the amount of capital, reserves or other funds required to be maintained by such Affected Party against commitments made by it under this Agreement or any other Transaction Document and thereby reducing the rate of
return on such Affected Party’s capital as a consequence of its commitments hereunder or thereunder, then the Borrower shall from time to time upon demand by the Administrative Agent pay to the Administrative Agent on behalf of such Affected
Party additional amounts sufficient to compensate such Affected Party for such reduction together with interest thereon from the date of any such demand until payment in full at the applicable Index Rate. A certificate as to the amount of that
reduction and showing the basis of the computation thereof submitted by the Affected Party to the Borrower shall be final, binding and conclusive on the parties hereto (absent manifest error) for all purposes. For the purposes of this
Section 2.9, “Affected Party” shall mean the Lenders, the LC Lenders and any SPV or participant with the rights of a Lender under Section 12.2(c) and their respective successors, permitted transferees and permitted
assigns. 
 (b)         If, due to any Regulatory Change, there shall be any
increase in the cost to any Affected Party of agreeing to make or making, funding or maintaining any commitment hereunder or under any other Transaction Document, including with respect to any Advances or other Outstanding Principal Amounts, or any
reduction in any amount receivable by such Affected Party hereunder or thereunder, including with respect to any Advances or other Outstanding Principal Amount including any taxes (other than Indemnified Taxes, Other Taxes or Excluded Taxes which
shall instead be governed exclusively by the provisions of Section 2.10) (any such increase in cost or reduction in amounts receivable are hereinafter referred to as “Additional Costs”), then the Borrower shall, from
time to time upon demand by the Administrative Agent, pay to the Administrative Agent on behalf of such Affected Party additional amounts sufficient to compensate such Affected Party for such Additional Costs. Each Affected Party agrees that, as
promptly as practicable after it becomes aware of any circumstance referred to above that would result in any such Additional Costs, it shall, to the extent not inconsistent with its internal policies of general application, use reasonable
commercial efforts to minimize costs and expenses incurred by it and payable to it by the Borrower pursuant to this Section 2.9(b). 

(c)         Determinations by any Affected Party for purposes of this
Section 2.9 of the effect of any Regulatory Change on its costs of making, funding or maintaining any commitments hereunder or under any other Transaction Documents or on amounts payable to it hereunder or thereunder or of the additional
amounts required to compensate such Affected Party in respect of any Additional Costs shall be set forth in a written notice to the Borrower in reasonable detail and shall be final, binding and conclusive on the Borrower (absent manifest error) for
all purposes. The Borrower shall pay such 

  
 14 

 
Affected Party the amount shown as due on any such written notice within ten (10) days after receipt thereof. 

(d)        The Borrower shall not be required to compensate an Affected Party
pursuant to this Section 2.9 for any increased costs incurred or reductions suffered more than one hundred eighty (180) days prior to the day that such Affected Party notifies the Borrower of the change in law, Regulatory Change or
other event giving rise to such increased costs or reductions and of such Affected Party’s intention to claim compensation therefor; provided that if the change in law giving rise to such increased costs or reductions is retroactive, then the
one hundred eighty (180) day period referred to above in this sentence shall be extended to include the period of retroactive effect thereof, which period shall not, for the avoidance of doubt, include any period prior to the Closing Date. 

(e)        Notwithstanding anything herein to the contrary, (i) the Dodd-Frank
Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives thereunder or issued in connection therewith and (ii) all requests, rules, guidelines or directives promulgated by the Bank for International
Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the United States of America or foreign regulatory authorities, in each case in respect of this clause (ii) pursuant to Basel III, shall,
in each case, be deemed to be a “Change in Law” under subsection (a) above and/or a “Regulatory Change” under subsection (b) above, as applicable, regardless of the date enacted, adopted or issued. 

(f)        If after the date hereof any Lender shall determine that any change in any
law or regulation (or any change in the interpretation thereof), has made it unlawful, or that any central bank or other Governmental Authority has asserted that it is unlawful, for any Lender or its Lending Office to make LIBOR Rate Advance, then,
on written notice thereof by such Lender to the Borrower through Administrative Agent, the obligation of that Lender to make LIBOR Rate Advances shall be suspended until such Lender shall have provided written notice to the Administrative Agent and
the Borrower that the circumstances giving rise to such determination no longer exists. 

(g)        (i)  Subject to clause (iii) below, if any Lender
shall determine that it is unlawful to maintain any LIBOR Rate Advance, then, upon written notice thereof by such Lender (or the Administrative Agent on behalf of such Lender), the Borrower shall prepay in full all LIBOR Rate Advances of such Lender
then outstanding, together with interest accrued thereon, either on the last day of the Interest Period thereof if such Lender may lawfully continue to maintain such LIBOR Rate Advances to such day, or immediately, if such Lender may not lawfully
continue to maintain such LIBOR Rate Advances, together with any amounts required to be paid in connection therewith pursuant to Section 2.15. 

(ii)        If the obligation of any Lender to make or maintain LIBOR
Rate Advance has been terminated, the Borrower may elect, by giving notice to such Lender through the Administrative Agent that all Advances which would otherwise be made by any such Lender as LIBOR Rate Advances shall be instead Index Rate
Advances. 
 (iii)       Before giving any notice to the Administrative
Agent pursuant to subsection (f), this subsection (g) or subsection (h), the affected Lender shall designate a different Lending Office with respect to its LIBOR Rate Advances if such designation will avoid the need for
giving such notice or making such demand and will not, in the judgment of the Lender, be illegal or otherwise disadvantageous to the Lender. 

(h)        If the Administrative Agent shall have determined in good faith that for
any reason adequate and reasonable means do not exist for ascertaining the LIBOR Underlying Rate for any 

  
 15 

 
Interest Period with respect to a proposed LIBOR Rate Advance or that the LIBOR Rate for any Interest Period with respect to a proposed LIBOR Rate Advance does not adequately and fairly reflect
the cost to the Lenders of funding or maintaining such Advance, the Administrative Agent will provide prompt written of such determination to the Borrower and each Lender. Thereafter, the obligation of the Lenders to make or maintain LIBOR Rate
Advances hereunder shall be suspended until Administrative Agent revokes such notice in writing. Upon receipt of such notice, the Borrower may revoke any Borrowing Request or Notice of Conversion/Continuation then submitted by it. If the Borrower
does not revoke such notice, the Lenders shall make, convert or continue the Advances, as proposed by the Borrower, in the amount specified in the applicable notice submitted by the Borrower, but such Advances shall be made, converted or continued
as Index Rate Advances. 
 2.10      Taxes. 

(a)        Any and all payments by the Borrower hereunder shall be made in accordance
with this Section 2.10 without set-off or counterclaim and free and clear of and without deduction for any and all present or future Taxes, levies, imposts, deductions, Charges or withholdings (all such Taxes, levies, imposts,
deductions, Charges and withholdings, other than Excluded Taxes, being “Indemnified Taxes”). If the Borrower shall be required by law to deduct any Indemnified Taxes from or in respect of any sum payable hereunder, (i) the sum
payable shall be increased as much as shall be necessary so that after making all required deductions (including deductions for Indemnified Taxes applicable to additional sums payable under this Section 2.10) the Affected Party entitled
to receive any such payment receives an amount equal to the sum it would have received had no such deductions been made, (ii) the Borrower shall make such deductions, and (iii) the Borrower shall pay the full amount deducted to the
relevant taxing or other authority in accordance with applicable law. Within 30 days after the date of any payment of Indemnified Taxes, the Borrower shall furnish to the Administrative Agent the original or a certified copy of a receipt evidencing
payment thereof. The Borrower shall indemnify any Affected Party from and against, and, within ten days of demand therefor, pay any Affected Party for, the full amount of Indemnified Taxes (together with any Indemnified Taxes imposed on amounts
payable under this Section 2.10) paid by such Affected Party and any liability (including penalties, interest and expenses) arising from or with respect to the Borrower’s failure to comply with this Section 2.10, whether
or not such Indemnified Taxes were correctly or legally asserted; provided that the Borrower will not indemnify any Affected Party from and against the amount of any penalties, additions to tax or interest imposed on such Affected Party and
caused by such Affected Party’s gross negligence or willful misconduct. 
 The Borrower shall pay any Other Taxes to
the relevant Governmental Authority in accordance with all applicable law. 
 If the Borrower determines in good faith that
a reasonable basis exists for contesting any Indemnified Taxes or Other Taxes for which payments have been made under this Section 2.10, the Affected Parties shall use reasonable efforts to cooperate with the Borrower in challenging such
Indemnified Taxes or Other Taxes, at the Borrower’s expense, if so requested by the Borrower in writing; provided that nothing in this sentence shall obligate any Affected Party (i) to take any action that it determines, in its sole
discretion, would be disadvantageous to such Affected Party or (ii) to disclose any confidential information or to file for a refund. For purposes of this Section 2.10, “Affected Party” means the Administrative Agent, the
Lenders and the LC Lenders. 
 (b)        Each Affected Party shall, at such times
as are reasonably requested by the Borrower or the Administrative Agent (or other applicable withholding agent), including on or before the Closing Date, provide the applicable withholding agent with any documentation prescribed by applicable law or
reasonably requested by the applicable withholding agent certifying as to any entitlement of such Affected Party to an exemption from, or reduction in, withholding Taxes (which, on the Closing Date, 

  
 16 

 
shall evidence a complete exemption from such withholding Taxes) with respect to any payments to be made to such Affected Party under any Transaction Document. Each such Affected Party shall,
upon actual knowledge or upon reasonable request by the Borrower, that as a result of a lapse in time or change in circumstances renders such documentation (including any specific documentation required below in this Section 2.10)
obsolete, expired or inaccurate in any material respect, deliver promptly to the applicable withholding agent updated or other appropriate documentation (including any new documentation reasonably requested by such applicable withholding agent
certifying as to any entitlement of such Affected Party to an exemption from, or reduction in, withholding Taxes with respect to any payments to be made to such Affected Party under any Transaction Document) or promptly notify the applicable
withholding agent in writing of its legal ineligibility to do so. 
 Without limiting the foregoing: 

(i)         Each U.S. Lender shall deliver to the Borrower and
the Administrative Agent (or other applicable withholding agent) on or before the Closing Date or such later date on which it becomes a party to this Agreement two properly completed and duly signed original copies of Internal Revenue Service Form
W-9 certifying that such Lender is exempt from U.S. federal backup withholding. 

(ii)        Each Foreign Lender shall deliver to the Borrower and the
Administrative Agent (or other applicable withholding agent) on or before the Closing Date or such later date on which it becomes a party to this Agreement (and from time to time thereafter upon the request of the applicable withholding agent)
whichever of the following is applicable: 
 (A)        two
properly completed and duly signed original copies of Internal Revenue Service Form W-8BEN or W-8BEN-E (or any successor forms) claiming eligibility for the benefits of an income tax treaty to which the United States is a party, and such other
documentation as required under the IRC, 
 (B)        two
properly completed and duly signed original copies of Internal Revenue Service Form W-8ECI (or any successor forms), 

(C)        in the case of a Foreign Lender that is not a bank
described in section 881(c)(3)(A) of the IRC and that is entitled to claim the benefits of the exemption for portfolio interest under section 871(h) or section 881(c) of the IRC, (A) two properly completed and duly signed certificates
substantially in the form of Exhibit 2.10(D)-1, Exhibit 2.10(D)-2, Exhibit 2.10(D)-3 or Exhibit 2.10(D)-4 (any such certificate, a “United States Tax Compliance Certificate”) and (B) two properly completed and duly signed
original copies of Internal Revenue Service Form W-8BEN or W-8BEN-E (or any successor forms) certifying such Foreign Lender’s non-U.S. status, 

(D)        to the extent a Foreign Lender is not the beneficial
owner (for example, where the Foreign Lender is a partnership or a participating Lender), Internal Revenue Service Form W-8IMY (or any successor forms) of the Foreign Lender, accompanied by a Form W-8ECI, W-8BEN or W-8BEN-E, United States Tax
Compliance Certificate, Form W-9, Form W-8IMY or any other required information (or any successor forms) from each direct or indirect beneficial owner that would be required under this Section 2.10 if such beneficial owner were a Lender,
as applicable (provided that, if the Foreign Lender is a partnership (and not a participating Lender) and one or more of its direct or indirect partners are claiming the portfolio interest exemption, the

  
 17 

 
United States Tax Compliance Certificate may be provided by such Foreign Lender on behalf of such direct or indirect partners), and/or 

(E)        two properly completed and duly signed original copies of
any other form prescribed by applicable U.S. federal income tax laws (including the Treasury Regulations) as a basis for claiming a complete exemption from, or a reduction in, United States federal withholding tax on any payments to such Lender
under the Transaction Documents. 
 (iii)       If a payment made to a
Lender under any Transaction Document would be subject to U.S. federal withholding Tax imposed by FATCA if such Lender were to fail to comply with the applicable requirements of those IRC Sections (including those contained in sections 1471(b) or
1472(b) of the IRC, as applicable), such Lender shall deliver to the Borrower and the Administrative Agent (or other applicable withholding agent) at the time or times prescribed by applicable law and at such time or times reasonably requested by
the applicable withholding agent such documentation prescribed by applicable law (including as prescribed by section 1471(b)(3)(C)(i) of the IRC) and such additional documentation reasonably requested by the applicable withholding agent as may be
necessary (as determined by the applicable withholding agent) (A) for the applicable withholding agent to comply with its obligations under FATCA and (B) to determine whether such Lender has or has not complied with such Lender’s
obligations under FATCA and, if necessary, to determine the amount to deduct and withhold from such payment. 

Notwithstanding any other provision of this Section 2.10, a Lender shall not be required to deliver any form that
such Lender is not legally eligible to deliver as a result of a Change in Law after the Closing Date. 
 If an Affected
Party determines, in its sole discretion, that it has received a refund of any Indemnified Taxes or Other Taxes as to which it has been indemnified by the Borrower or with respect to which the Borrower has paid additional amounts pursuant to this
Section 2.10, it shall promptly pay over such refund to the Borrower (but only to the extent of indemnity payments made, or additional amounts paid, by the Borrower under this Section 2.10 with respect to the Indemnified
Taxes or Other Taxes giving rise to such refund), net of all out-of-pocket expenses of such Agent or such Lender (including any Taxes imposed with respect to such refund) as is determined by the Agent or Lender in its sole discretion, and without
interest (other than any interest paid by the relevant Governmental Authority with respect to such refund); provided that the Borrower, upon the written request of such Agent or such Lender, agrees to repay as soon as reasonably practicable the
amount paid over to the Borrower (plus any penalties, interest or other charges imposed by the relevant Governmental Authority) to such Agent or such Lender in the event such Agent or such Lender is required to repay such refund to such Governmental
Authority. This Section shall not be construed to require any Agent or any Lender to file for a tax refund or to make available its Tax returns (or any other information relating to its Taxes which it deems confidential) to the Borrower or any other
person. Notwithstanding anything to the contrary in this paragraph, in no event will the Administrative Agent or any Lender be required to pay amounts to the Borrower pursuant to this paragraph to the extent such payment would place the
Administrative Agent or such Lender in a less favorable net after-Tax position than the Administrative Agent or such Lender would have been in if the Indemnified Taxes or Other Taxes giving rise to such refund had never been imposed. 

For purposes of this Section 2.10(b), the term “Lender” shall include the LC Lenders. 

2.11        Increases. 

  
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 (a)        Provided (i) there
exists no Termination Event or Incipient Termination Event and the Facility Maturity Date has not occurred and (ii) the applicable request (whether or not granted) would not cause the Borrower, the Parent, any Seller, the Originator or any
Affiliate thereof to violate any credit agreement, indenture or other contract, with the consent of the Administrative Agent, the Borrower may from time to time following the Closing Date, request one or more increases in the Maximum Revolving
Commitment Amount by an aggregate amount (for all such requests) not exceeding $150,000,000. Any such request for an increase shall be in a minimum amount of $10,000,000 or an integral multiple of $5,000,000 in excess thereof. At the time of sending
such notice, the Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten (10) Business Days from the date of delivery of
such notice to the Lenders). No such increase may occur without the prior written consent of each LC Lender party hereto. 

(b)        Each Lender shall notify the Administrative Agent within such time period
whether or not it agrees to increase its Revolving Commitment and, if so, whether by an amount equal to, greater than, or less than its Pro Rata Share of such requested increase of the Maximum Revolving Commitment Amount (and specify such amount
(the “Agreed Upon Increase Amount” with respect to such Lender)). Any Lender not responding within such time period shall be deemed to have declined to increase its Revolving Commitment. Each Lender may (in its sole discretion)
agree or decline to increase its Revolving Commitment. 
 (c)        The
Administrative Agent shall notify the Borrower and each Lender of the Lenders’ responses to each request made hereunder. 

(d)        If the Maximum Revolving Commitment Amount is increased in accordance with
this Section, the Administrative Agent and the Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such increase. The Administrative Agent shall promptly notify the Borrower and
the Lenders of the final allocation of such increase and the Increase Effective Date. 

(e)        As a condition precedent to such increase, the Borrower shall
(1) deliver to the Administrative Agent a certificate of the Borrower dated as of the Increase Effective Date signed by an Authorized Officer (i) certifying as to the due authorization by the Borrower of such increase and
(ii) certifying that, before and after giving effect to such increase, (A) the representations and warranties contained herein and the other Transaction Documents are true and correct in all material respects (it being understood that such
materiality threshold shall not be applicable with respect to any clause of any representation or warranty which itself contains a materiality qualification) on and as of the Increase Effective Date, unless stated to relate solely to an earlier
date, in which case such representations and warranties shall be true and correct as of such earlier date, and (B) no Termination Event or Incipient Termination Event exists and (2) take any other action reasonably requested by the
Administrative Agent. The Borrower shall prepay any Revolving Credit Advances outstanding on the Increase Effective Date to the extent necessary to keep the outstanding Revolving Credit Advances ratable with any revised Pro Rata Shares arising from
any nonratable increase in the Revolving Commitments under this Section 2.11. 

(f)        In addition to the other terms and conditions set forth herein for
increasing the Maximum Revolving Commitment Amount, any increase in the Maximum Revolving Commitment Amount pursuant to this Section 2.11 shall be subject to the additional condition that the Administrative Agent shall approve all
up-front fees and other compensation paid to any additional institution which becomes a Lender hereunder or which increases its Revolving Commitment hereunder. 

  
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 2.12       Change of Lending
Office.  Each Lender agrees that, upon the occurrence of any event giving rise to the operation of Section 2.10 or Section 2.9 with respect to such Lender, it will, if requested by the Borrower, use reasonable
efforts (subject to overall policy considerations of such Lender) to designate another lending office for any Advances affected by such event with the object of avoiding the consequences of such event; provided, that such designation is made
on terms that, in the sole judgment of such Lender, cause such Lender and its lending office(s) to suffer no economic, legal or regulatory disadvantage and do not otherwise adversely affect such Lender, and provided, further, that
nothing in this Section shall affect or postpone any of the obligations of the Borrower or the rights of any Lender pursuant to Section 2.10 or Section 2.9. 

2.13       Replacement of Lenders.  The Borrower shall be permitted to
replace any Lender that requests reimbursement for amounts owing pursuant to Section 2.9 or 2.10 or any Non-Funding Lender with a replacement financial institution, and such Lender or Non-Funding Lender shall cooperate in good
faith with the Borrower in connection with the replacement of such Lender or Non-Funding Lender; provided that (i) such replacement does not conflict with any requirement of law, (ii) no Termination Event shall have occurred and be
continuing at the time of such replacement, (iii) prior to any such replacement, such Lender shall have taken no action under Section 2.12 so as to eliminate the continued need for payment of amounts owing pursuant to
Section 2.9 or 2.10, (iv) the replacement financial institution shall purchase, at par, all Revolving Credit Advances and other amounts owing to such replaced Lender on or prior to the date of replacement and assume all
obligations of such replaced Lender hereunder (including with respect to LC Participations), (v) the replacement financial institution shall be reasonably satisfactory to the Administrative Agent, (vi) the replaced Lender shall be
obligated to make such replacement in accordance with the provisions of Section 12.2 (provided that the Borrower shall be obligated to pay the registration and processing fee referred to therein), (vii) until such time as such
replacement shall be consummated, the Borrower shall pay all additional amounts (if any) required pursuant to Section 2.9 or 2.10, as the case may be, and (viii) any such replacement shall not be deemed to be a waiver of any
rights that the Borrower, the Administrative Agent or any other Lender shall have against the replaced Lender. 
 If, in
connection with any proposed amendment, modification, waiver or termination in accordance with Section 12.7 (a “Proposed Change”) requiring the consent of all affected Lenders, the consent of Requisite Lenders is
obtained, but the consent of other Lenders whose consent is required is not obtained (any such Lender whose consent is not obtained being referred to as a “Non-Consenting Lender”), then, so long as the Administrative Agent is not a
Non-Consenting Lender, at the Borrower’s request the Administrative Agent, or a Person acceptable to the Administrative Agent, shall have the right with the Administrative Agent’s consent and in the Administrative Agent’s sole
discretion (but shall have no obligation) to purchase from such Non-Consenting Lenders, and such Non-Consenting Lenders agree that they shall, upon the Administrative Agent’s request, sell and assign to the Administrative Agent or such Person,
all of the Revolving Commitments of such Non-Consenting Lender for an amount equal to the principal balance of all Advances held by the Non-Consenting Lender and all accrued interest and Fees with respect thereto through the date of sale, such
purchase and sale to be consummated pursuant to an executed Assignment Agreement. 

2.14       Non-Funding Lenders. 

(a)        If a Lender becomes a Non-Funding Lender, then, so long as such Lender
remains a Non-Funding Lender (pursuant to subsection (c) below), notwithstanding any other provisions of this Agreement, any amount paid by the Borrower for the account of a Non-Funding Lender under this Agreement (whether on account of
Advances, interest, Fees, Breakage Costs, indemnity payments or other amounts) (the Borrower Obligation in respect of which any such amount was paid by the Borrower for the account of such Non-Funding Lender, the “Applicable Non-Funding
Borrower Obligation”) will 

  
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not be paid or distributed to such Non-Funding Lender, but will, so long as such Lender is a Non-Funding Lender, instead be retained by the Administrative Agent in a segregated non-interest
bearing account with respect to such Lender (the “Non-Funding Lender Account”), until the Termination Date and will be applied by the Administrative Agent, to the fullest extent permitted by law, to the making of payments from time
to time in the following order of priority: first, to the payment of any amounts, if any, due and owing by such Non-Funding Lender to the Administrative Agent under this Agreement, together with interest thereon owing at the Index Rate;
second, to the payment of any amounts owing by such Non-Funding Lender to the Swing Line Lender under this Agreement, third, to the payment of interest due and payable to the Other Lenders, ratably among them in accordance with the
amounts of such interest then due and payable to them; fourth, to the payment of Fees then due and payable to the Other Lenders, ratably among them in accordance with the amounts of such Fees then due and payable to them; fifth, if as
of any Settlement Date the aggregate principal amount of Revolving Credit Advances of any Other Lender exceeds its Pro Rata Share (as determined without giving effect to the proviso in the definition thereof) of all Revolving Credit Advances, to
repay the Revolving Credit Advances of each such Other Lender in the amount necessary to eliminate such excess, pro rata based on the Revolving Credit Advances of the Other Lenders; sixth, to make any other mandatory reductions of Revolving
Credit Advances of the Other Lenders required under Section 2.8, pro rata based on the Revolving Credit Advances of such Other Lenders; seventh, to make any other mandatory deposits into the LC Collateral Account required under
Section 2.8, eighth, to the ratable payment of other amounts then due and payable to the Other Lenders; ninth, to pay any interest, Advances or other amounts owing under this Agreement to such Non-Funding Lender in the
order of priority set forth in Section 2.8 hereof or as a court of competent jurisdiction may otherwise direct and tenth, to pay the remainder to the Borrower; provided that funds shall be redirected from the Non-Funding
Lender Account to pay amounts owed under second through eighth solely after application of other funds on deposit in the Agent Account available to make payments under clauses second through eighth above. Any funds
redirected from the Non-Funding Lender Account to pay such amounts shall not be deemed to be payment by the Borrower for purposes of determining whether a Termination Event or Incipient Termination Event has occurred and shall not discharge any
obligations of the Borrower to make such payment. To the extent that any Other Lenders have been paid with amounts redirected from the Non-Funding Lender Account, the Non-Funding Lender shall, from and after payment in full of all interest, Advances
and other amounts owed to the Other Lender, be subrogated to the rights of the Other Lenders to the extent of any such payments from the Non-Funding Lender Account under clause eighth above. For the avoidance of doubt, in the event that any
amounts paid by the Borrower for the account of a Non-Funding Lender in respect of any Applicable Non-Funding Borrower Obligation are deposited into the Non-Funding Lender Account, the Borrower shall not again be required to pay amounts in respect
of such Applicable Non-Funding Borrower Obligation (unless otherwise expressly required by this Agreement). 

(b)        Notwithstanding subsection (a) above, the Administrative Agent
shall be authorized at any time that any Revolving Commitments or LC Participation Amounts remain outstanding, at its sole and absolute discretion, after payment of any amounts owed under clause first of the first sentence of subsection
(a) above, to (i) retain amounts in any Non-Funding Lender Account in an amount up to the related Non-Funding Lender’s unfunded Revolving Commitment (including any LC Participation Amount attributable to such Non-Funding Lender)
and (ii) use any portion of such retained amounts to pay (on behalf of such Non-Funding Lender) such Non-Funding Lender’s funding obligations in respect of such Revolving Commitments hereunder at the time such funding obligations are owed
pursuant to the terms hereof. Upon the termination of all Revolving Commitments and LC Participation Amounts, any amounts in any Non-Funding Lender Account shall be applied in accordance with the first sentence of subsection (a) above.

 (c)        If the Borrower and the Administrative Agent agree in writing in
their discretion that a Non-Funding Lender should no longer be deemed to be a Non-Funding Lender, the Administrative 

  
 21 

 
Agent will so notify the other parties hereto, whereupon as of the effective date specified in such notice and subject to any conditions set forth therein (which may include arrangements with
respect to any amounts then held in the Non-Funding Lender Account), such Non-Funding Lender will, to the extent applicable, purchase such portion of outstanding Revolving Credit Advances of the Other Lenders and/or make such other adjustments as
the Administrative Agent may determine to be necessary to cause the Revolving Credit Advances of all of the Lenders to be on a pro rata basis in accordance with their respective Revolving Commitments, whereupon such Lender will cease to be a
Non-Funding Lender, provided that no adjustments will be made retroactively with respect to Fees accrued or payments made by or on behalf of the Borrower while such Lender was a Non-Funding Lender; and provided, further, that
except to the extent otherwise expressly agreed by the affected Person(s), such notification will not constitute a waiver or release of any claim of any party hereunder arising from such Lender’s having been a Non-Funding Lender. 

2.15       Breakage Costs.    To induce the Lenders to provide
the LIBOR Rate on the terms provided herein, if (i) any LIBOR Rate Advances are, except by reason of the requirements in Section 2.3(c), repaid in whole or in part on any date other than a Settlement Date (whether that repayment is
made pursuant to any other provision of this Agreement or any other Transaction Document or is the result of acceleration, by operation of law or otherwise); (ii) the Borrower shall default in payment when due of the principal amount of or
interest on any LIBOR Rate Advance; (iii) the Borrower shall default in making any borrowing of LIBOR Rate Advances after the Borrower has given notice requesting the same in accordance herewith (including any failure to satisfy conditions
precedent to the making of any LIBOR Rate Advances); or (iv) the Borrower shall fail to make any prepayment of a LIBOR Rate Advance after the Borrower has given a notice thereof in accordance herewith, then, in any such case, the Borrower shall
indemnify and hold harmless each Lender from and against all losses, costs and expenses resulting from or arising from any of the foregoing (any such loss, cost or expense, “Breakage Costs”). Such indemnification shall include any
loss (including loss of margin) or expense arising from the reemployment of funds obtained by it or from fees payable to terminate deposits from which such funds were obtained (if any). For the purpose of calculating amounts payable to a Lender
under this subsection, this subsection shall apply only to Lenders that have actually funded its relevant LIBOR Rate Advance through the purchase of a deposit bearing interest at the LIBOR Rate in an amount equal to the amount of that LIBOR Rate
Advance; provided, however, that each Lender may fund each of its LIBOR Rate Advances in any manner it sees fit, and the foregoing sentence shall be utilized only for the calculation of amounts payable under this subsection. This
covenant shall survive the termination of this Agreement and the payment of the Notes and all other amounts payable hereunder. The determination by any Lender of the amount of any such loss or expense shall be set forth in a written notice to the
Borrower in reasonable detail and shall be final, binding and conclusive on the Borrower (absent manifest error) for all purposes. 

2.16       Register; Registered Obligations. 

(a)      Register.    The Administrative Agent, acting as a
non-fiduciary agent of the Borrower, solely for tax purposes and solely with respect to the actions described in this Section 2.16(a), shall establish and maintain at its address referred to in Section 12.1 (or at such other
address as the Administrative Agent may notify the Borrower) (i) a record of ownership (the “Register”) in which the Administrative Agent agrees to register by book entry the interests (including any rights to receive payment
hereunder) (if any) of the Administrative Agent, the Swing Line Lender, and each other Lender in the Revolving Credit Advances, each of their obligations under this Agreement to participate in the Revolving Credit Advance, the Swing Line Advance and
their LC Participation obligations and any assignment of any such interest, obligation or right and (ii) accounts in the Register in accordance with its usual practice in which it shall record (1) the names and addresses of the Lenders
(and each change thereto pursuant to Sections 12.1 and 12.2), (2) the Revolving Commitment of each Lender, (3) the 

  
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amount of each Revolving Credit Advance and each funding of any participation described in clause (i) above, (4) the amount of any principal or interest due and payable or paid,
(5) any other payment received by the Administrative Agent from the Borrower and its application to the Borrower Obligations and (6) the LC Participation Amount attributable to such Lender. The Register shall be available for
inspection by the Borrower and any Lender at any reasonable time and from time to time upon reasonable prior notice. 

(b)        Registered Obligations.  Notwithstanding anything to the
contrary contained in this Agreement, the Advances (including any Notes evidencing such Notes and, in the case of Revolving Credit Advances, the corresponding obligations to participate in Swing Line Advances) are registered obligations, the right,
title and interest of the Lenders and their assignees in and to such Advances, as the case may be, shall be transferable only upon notation of such transfer in the Register and no assignment thereof shall be effective until recorded
therein. This Section 2.16 and Section 12.2 shall be construed so that the Advances are at all times maintained in “registered form” within the meaning of sections 163(f), 871(h)(2) and 881(c)(2) of
the IRC and any related regulations (and any successor provisions). 

2.17       Letters of Credit. 

(a)        On the terms and subject to the conditions hereof, each LC Lender party
hereto shall issue or cause the issuance of stand-by letters of credit (any such letter of credit issued pursuant to this Credit Agreement, a “Letter of Credit”) on behalf of Parent (or, if requested by the Borrower, on behalf of
any direct or indirect subsidiary of Parent) in favor of the beneficiaries specified by the Borrower; provided, that no LC Lender will be required to (and shall not) issue or cause to be issued any Letters of Credit to the extent that after
giving effect thereto (A) the Outstanding Principal Amount shall exceed lesser of the Maximum Revolving Commitment Amount and the Borrowing Base or (B) the sum of (1) the Outstanding Principal Amount of Revolving Credit Advances made
by any Lender and (2) the LC Participation Amount attributable to such Lender shall exceed such Lender’s Revolving Commitment; provided, further that, any such Letter of Credit must name Parent (or, if requested by the Borrower, any
other member of the Parent Group) as the “Applicant” of such Letter of Credit and/or “Account Party” thereunder, as applicable. 

(b)        In addition, the Borrower shall pay to the Administrative Agent, any LC
Lender or any prospective LC Lender, as appropriate, in accordance with Section 2.8, such LC Lender’s or prospective LC Lender’s customary fees at then prevailing rates, without duplication of fees otherwise payable hereunder
(including all per annum fees), charges and expenses of such LC Lender or prospective LC Lender in respect of the application for, and the issuance, negotiation, acceptance, amendment, transfer and payment of, each Letter of Credit or otherwise
payable pursuant to the Letter of Credit Application and related documentation under which such Letter of Credit is issued (such fees, the “LC Lender Fees”). 

2.18       Letter of Credit Procedures. 

(a)        The Borrower may (on behalf of itself or, to the extent permitted by the
Receivables Sale Agreement, any member of the Parent Group) request any LC Lender, upon two (2) Business Days’ prior written notice submitted on or before 11:00 a.m., New York time, to issue a Letter of Credit by delivering to the
Administrative Agent, the LC Lender’s form of Letter of Credit Application (the “Letter of Credit Application”), substantially in the form agreed upon by the applicable parties (including the Administrative Agent) completed to
the satisfaction of the Administrative Agent and the LC Lender; and, such other certificates, documents and other papers and information as the Administrative Agent may reasonably request. Any Letter of Credit with a term not exceeding one year may
provide for its renewal for additional periods not exceeding one year as long as (x) each of the 

  
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Borrower and the applicable LC Lender have the option to prevent such renewal before the expiration of such term or any such period and (y) neither such LC Lender nor the Borrower shall
permit any such renewal to extend such expiration date beyond the Final Advance Date. The Borrower shall have the right to give instructions and make agreements with respect any Letter of Credit Application and the disposition of documents related
thereto or to any Letter of Credit and, in accordance with subsection (b) below, to agree to any amendment, extension or renewal of any Letter of Credit. Notwithstanding the foregoing, no Letter of Credit may be amended, extended or
renewed (1) without the prior written consent of the applicable LC Lender and the LC Lender’s prior written notice to the Administrative Agent and (2) unless the resulting Letter of Credit could be issued as a new Letter of Credit in
accordance with, and subject to, the terms and conditions herein. Notwithstanding anything to the contrary herein, (i) in the event any LC Lender party hereto (the “Requested LC Lender”) is requested to issue a Letter of
Credit, such Requested LC Lender may cause another LC Lender (including any LC Lender not a party to this Agreement) to issue all or a portion of such Letter of Credit and (ii) any such Letter of Credit issued by a non-Requested LC Lender shall
be deemed to fully and completely satisfy the applicable Requested LC Lender’s obligations with respect to such request hereunder. For purposes of this Agreement, in the event that any such Letter of Credit shall have been issued by an LC
Lender that is not party to this Agreement, such Letter of Credit shall be deemed to have been issued by the Requested LC Lender. Notwithstanding anything else to the contrary herein, if an LC Lender believes in good faith and within its
commercially reasonable credit judgment that one or more Lenders is, are or will be a Non-Funding Lender (an “Impacted Lender”), the LC Lender may, in its sole discretion after consultation with the Borrower and the Servicer, elect
not to issue any Letter of Credit unless (w) each Impacted Lender has been replaced, (x) there has been provided Adequate Security for the obligations of each such Impacted Lender to make Participation Advances or (y) the Revolving
Commitments of the other Lenders have been increased by an amount sufficient to satisfy the Administrative Agent that all future Participation Advances will be covered by all Lenders that are not Impacted Lenders. For the avoidance of doubt, all
written consents and notices required under this Section 2.18 may be provided via email communications. 

(b)        Each Letter of Credit shall, among other things, (i) provide for the
payment of sight drafts or other written demands for payment when presented for honor thereunder in accordance with the terms thereof and when accompanied by the documents described therein and (ii) have an expiry date not later than twelve
(12) months after such Letter of Credit’s date of issuance, extension or renewal, as the case may be, unless the applicable LC Lender has agreed thereto and the Borrower or the LC Lender has provided prior written notice of the same to the
Administrative Agent and (iii) have an expiry date not later than the Final Advance Date. Each Letter of Credit shall be subject either to (i) the Uniform Customs and Practice for Documentary Credits (2007 Revision), International Chamber
of Commerce Publication No. 600, and any amendments or revisions thereof adhered to by the applicable LC Lender, (ii) the International Standby Practices (ISP98-International Chamber of Commerce Publication Number 590), and any amendments
or revisions thereof adhered to by the applicable LC Lender or (iii) or the Uniform Customs and Practice for Documentary Credits (1993 Revision) of the International Chamber of Commerce (Publication No. 500), and, with respect to any
Letter of Credit issued for an entity domiciled in West Virginia, both the “Uniform Customs and Practice for Documentary Credits” (2007 Revision) and any amendments or revisions thereof adhered to by the applicable LC Lender, International
Chamber of Commerce (Publication No. 600) and the Uniform Commercial Code (§§ 46-5-101 et seq. of the West Virginia Code, 1931, as amended) and the other laws of the State of West Virginia, as determined by the applicable LC
Lender. 
 (c)        The Administrative Agent shall promptly notify the applicable
LC Lender and Lenders, at such Person’s respective address for notices hereunder, of the request by the Borrower for a Letter of Credit hereunder, and shall provide the applicable LC Lender and Lenders with the Letter of Credit Application
delivered to the Administrative Agent by the Borrower pursuant to subsection (a), 

  
 24 

 
above, by the close of business on the day received or if received on a day that is not a Business Day or on any Business Day after 11:00 a.m. New York time on such day, on the next Business Day.

 (d)        The Borrower shall authorize or direct the applicable LC Lender to
name any member of the Parent Group as an “Applicant” or “Account Party” of any Letter of Credit. 

2.19       Disbursements and Reimbursements. 

(a)        Immediately upon the issuance of each Letter of Credit, each Lender shall
be deemed to, and hereby irrevocably and unconditionally agrees with the applicable LC Lender and the Administrative Agent to, purchase from such LC Lender a participation (an “LC Participation”) in such Letter of Credit and each
drawing thereunder in an amount equal to such Lender’s Pro Rata Share of the face amount of such Letter of Credit and the amount of such drawing, respectively. 

(b)        In the event of any request for a drawing under a Letter of Credit by the
beneficiary or transferee thereof, the applicable LC Lender will promptly notify the Administrative Agent and the Borrower of such request. Provided that it shall have received such notice, the Borrower shall reimburse (such obligation to reimburse
such LC Lender shall sometimes be referred to as a “Reimbursement Obligation”) such LC Lender (or the Administrative Agent on behalf of such LC Lender) prior to 12:00 p.m., New York time on each date that an amount is paid by such
LC Lender under any Letter of Credit (each such date, a “Drawing Date”) in an amount equal to the amount so paid by such LC Lender. In the event the Borrower fails to reimburse such LC Lender (or the Administrative Agent on behalf of such
LC Lender) for the full amount of any drawing under any Letter of Credit by 12:00 p.m., New York time, on the Drawing Date (which failure shall not constitute a Termination Event), (i) the Administrative Agent will apply, from amounts on
deposit in the LC Collateral Account, the lesser of (X) any amounts then on deposit in the LC Collateral Account and (Y) the amount of any such Reimbursement Obligation not so reimbursed by the Borrower to such LC Lender in respect of such
drawing, in order to reimburse such LC Lender for such draw and (ii) in the event that, after giving effect to the reimbursement described in clause (i), any portion of such Reimbursement Obligation shall not have been reimbursed to such
LC Lender (or the Administrative Agent on behalf of such LC Lender) (such portion, a “Reimbursement Deficiency”) such LC Lender (or the Administrative Agent on behalf of such LC Lender) will promptly notify each Lender thereof, and
the Borrower shall be deemed to have requested that a Revolving Credit Advance in an amount equal to such Reimbursement Deficiency be made by the Lenders to be disbursed on the Drawing Date under such Letter of Credit. Any notice given by such LC
Lender pursuant to this Section may be oral if immediately confirmed in writing; provided that the lack of any such written confirmation shall not affect the conclusiveness or binding effect of the oral notice. 

(c)        Each Lender shall upon receipt of any notice pursuant to subsection
(b) above make available to the applicable LC Lender (or the Administrative Agent on behalf of such LC Lender) an amount in immediately available funds equal to its Pro Rata Share of the amount of the Reimbursement Deficiency (a
“Participation Advance”), whereupon each Lender shall each be deemed to have made a Revolving Credit Advance in an amount equal to such Participation Advance. If any Lender so notified fails to make available to such LC Lender (or
the Administrative Agent on behalf of such LC Lender) such amount of such Lender’s Pro Rata Share of such amount by no later than 2:00 p.m., New York time on the Drawing Date, then interest shall accrue on such Lender’s obligation to make
such payment, from the Drawing Date to the date on which such Lender makes such payment (i) at a rate per annum equal to the Federal Funds Rate during the first three days following the Drawing Date and (ii) at a rate per annum equal to
the rate applicable to Revolving Credit Advances on and after the fourth day following the Drawing Date. The applicable LC Lender (or the Administrative Agent on behalf of such LC Lender) will promptly give notice of the occurrence of the Drawing
Date to the Lenders, but failure of 

  
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such LC Lender (or the Administrative Agent on behalf of such LC Lender) to give any such notice on the Drawing Date or in sufficient time to enable any Lender to effect such payment on such date
shall not relieve such Lender from its obligation under this paragraph (c), provided that such Lender shall not be obligated to pay interest as provided in clauses (i) and (ii) above until and commencing from the date
of receipt of notice from such LC Lender or the Administrative Agent of a drawing. Each Lender’s commitment shall continue until the last to occur of any of the following events: (A) each LC Lender ceases to be obligated to issue or cause
to be issued Letters of Credit hereunder; (B) no Letter of Credit issued hereunder remains outstanding (and no amount may be drawn under any Letter of Credit) and (C) all Persons (other than the Borrower) have been fully reimbursed for all
payments made under or relating to Letters of Credit. 
 2.20       Repayment of
Participation Advances. 
 (a)        Upon (and only upon) receipt by any LC
Lender for its account of immediately available funds from or for the account of the Borrower in reimbursement of any payment made by such LC Lender under a Letter of Credit with respect to which any Lender has made a Revolving Credit Advance to
such LC Lender, such LC Lender (or the Administrative Agent on its behalf) will pay to each Lender, ratably (based on the outstanding drawn amounts funded by each such Lender in respect of such Letter of Credit), the same funds as those received by
such LC Lender (or the Administrative Agent on its behalf); it being understood, that such LC Lender shall retain a ratable amount of such funds that were not the subject of any payment in respect of such Letter of Credit by any
Lender. 
 (b)        If any LC Lender is required at any time to return to the
Borrower, or to a trustee, receiver, liquidator, custodian, or any official in any insolvency proceeding, any portion of the payments made by the Borrower to such LC Lender pursuant to this Agreement in reimbursement of a payment made under the
Letter of Credit or interest or fee thereon, each Lender shall, on demand of such LC Lender (or the Administrative Agent on behalf of such LC Lender), forthwith return to such LC Lender (or the Administrative Agent on behalf of such LC Lender) the
amount of its Pro Rata Share of any amounts so returned by such LC Lender plus interest at the Federal Funds Rate, from the date the payment was first made to such Lender through, but not including, the date the payment is returned by such Lender.

 2.21       Documentation.  The Borrower agrees to be bound by, and to
cause any other Person on whose behalf a Letter of Credit is issued hereunder (including any “Account Party” or “Applicant” thereof) to comply with, and be bound by, (a) the terms of the Letter of Credit Application,
(b) the applicable LC Lender’s interpretations of any Letter of Credit issued for the Borrower and (c) the applicable LC Lender’s written regulations and customary practices relating to letters of credit, though such LC
Lender’s interpretation of such regulations and practices may be different from the Borrower’s own. In the event of a conflict between the Letter of Credit Application and this Agreement, this Agreement shall govern. It is understood and
agreed that, except in the case of gross negligence or willful misconduct by any LC Lender as finally determined by a court of competent jurisdiction, such LC Lender shall not be liable for any error, negligence and/or mistakes, whether of omission
or commission, in following the Borrower’s instructions or those contained in the Letters of Credit or any modifications, amendments or supplements thereto. 

2.22       Determination to Honor Drawing Request. 

In determining whether to honor any request for drawing under any Letter of Credit by the beneficiary thereof, the applicable
LC Lender shall be responsible only to determine that the documents and certificates required to be delivered under such Letter of Credit have been delivered and that they 

  
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comply on their face with the requirements of such Letter of Credit and that any other drawing condition appearing on the face of such Letter of Credit has been satisfied in the manner so set
forth. 
 2.23      Nature of Participation and Reimbursement
Obligations.  Each Lender’s obligation under this Agreement to make Participation Advances as a result of a drawing under a Letter of Credit, and the obligations of the Borrower to reimburse the applicable LC Lender upon a draw
under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Article II under all circumstances, including the following circumstances: 

(a)        any set-off, counterclaim, recoupment, defense or other right which such
Lender may have against such LC Lender, the Administrative Agent, the Borrower or any other Person for any reason whatsoever; 

(b)        the failure of the Borrower or any other Person to comply with the
conditions set forth in this Agreement for the making of a purchase, reinvestment, request for Letters of Credit or otherwise, it being acknowledged that such conditions are not required for the making of Participation Advances hereunder; 

(c)        any lack of validity or enforceability of any Letter of Credit or any
set-off, counterclaim, recoupment, defense or other right which Borrower or the Originator on behalf of which a Letter of Credit has been issued may have against such LC Lender, the or any other Person for any reason whatsoever; 

(d)        any claim of breach of warranty that might be made by the Borrower, such
LC Lender or any Lender against the beneficiary of a Letter of Credit, or the existence of any claim, set-off, defense or other right which the Borrower, such LC Lender or any Lender may have at any time against a beneficiary, any successor
beneficiary or any transferee of any Letter of Credit or the proceeds thereof (or any Persons for whom any such beneficiary or transferee may be acting), such LC Lender, any Lender, the Administrative Agent or any other Person, whether in connection
with this Agreement, the transactions contemplated herein or any unrelated transaction (including any underlying transaction between the Borrower or any subsidiaries of the Borrower or any Affiliates of the Borrower and the beneficiary for which any
Letter of Credit was procured); 
 (e)        the lack of power or authority of any
signer of, or lack of validity, sufficiency, accuracy, enforceability or genuineness of, any draft, demand, instrument, certificate or other document presented under any Letter of Credit, or any such draft, demand, instrument, certificate or other
document proving to be forged, fraudulent, invalid, defective or insufficient in any respect or any statement therein being untrue or inaccurate in any respect, even if the Administrative Agent or such LC Lender has been notified thereof; 

(f)        payment by such LC Lender under any Letter of Credit against presentation
of a demand, draft or certificate or other document which does not comply with the terms of such Letter of Credit other than as a result of the gross negligence or willful misconduct of such LC Lender; 

(g)        the solvency of, or any acts or omissions by, any beneficiary of any
Letter of Credit, or any other Person having a role in any transaction or obligation relating to a Letter of Credit, or the existence, nature, quality, quantity, condition, value or other characteristic of any property or services relating to a
Letter of Credit; 
 (h)        any failure by such LC Lender or any of such LC
Lender’s Affiliates to issue any Letter of Credit in the form requested by the Borrower, unless such LC Lender has received written 

  
 27 

 
notice from the Borrower of such failure within three Business Days after such LC Lender shall have furnished the Borrower a copy of such Letter of Credit and such error is material and no
drawing has been made thereon prior to receipt of such notice; 
 (i)        any
Material Adverse Effect on the Borrower, the Servicer, the Originator, any Seller, the Parent or any Affiliates thereof; 

(j)        any breach of this Agreement or any Transaction Document by any party
thereto; 
 (k)       the occurrence or continuance of a proceeding or other event of
the type described in Sections 8.1(e) or (f) with respect to the Borrower, the Originator or any Affiliate thereof; 

(l)        the fact that a Termination Event or an Incipient Termination Event shall
have occurred and be continuing; 
 (m)      the fact that this Agreement or the obligations
of Borrower or Servicer hereunder shall have been terminated; and 
 (n)       any other
circumstance or happening whatsoever, whether or not similar to any of the foregoing. 
 Nothing in this
Section 2.23 shall relieve an LC Lender from liability for its gross negligence or willful misconduct, as determined by a final non-appealable judgment of a court of competent jurisdiction. 

2.24      [Reserved.] 

2.25      Liability for Acts and Omissions. 

As between the Borrower, on the one hand, and the Administrative Agent, the LC Lenders and the Lenders, on the other, the
Borrower assumes all risks of the acts and omissions of, or misuse of any Letter of Credit by, any beneficiary, “Applicant” or “Account Party” of such Letter of Credit. In furtherance and not in limitation of the respective
foregoing, none of the Administrative Agent, the LC Lenders or the Lenders shall be responsible for: (i) the form, validity, sufficiency, accuracy, genuineness or legal effect of any document submitted by any party in connection with a Letter
of Credit Application, even if it should in fact prove to be in any or all respects invalid, insufficient, inaccurate, fraudulent or forged (even if any LC Lender or any Lender shall have been notified thereof); (ii) the validity or sufficiency
of any instrument transferring or assigning or purporting to transfer or assign any such Letter of Credit or the rights or benefits thereunder or proceeds thereof, in whole or in part, which may prove to be invalid or ineffective for any reason;
(iii) the failure of the beneficiary of any such Letter of Credit, or any other party to which such Letter of Credit may be transferred, to comply fully with any conditions required in order to draw upon such Letter of Credit or any other claim
of the Borrower against any beneficiary of such Letter of Credit, or any such transferee, or any dispute between or among the Borrower and any beneficiary of any Letter of Credit or any such transferee; (iv) errors, omissions, interruptions or
delays in transmission or delivery of any messages, by mail, cable, telegraph, telex, facsimile, electronic mail or otherwise, whether or not they be in cipher; (v) errors in interpretation of technical terms; (vi) any loss or delay in the
transmission or otherwise of any document required in order to make a drawing under any such Letter of Credit or of the proceeds thereof; (vii) the misapplication by the beneficiary of any such Letter of Credit of the proceeds of any drawing
under such Letter of Credit; or (viii) any consequences arising from causes beyond the control of the Administrative Agent, the LC Lenders and the Lenders, including any acts or omissions by any Governmental Authority, and none of

  
 28 

 
the above shall affect or impair, or prevent the vesting of, any of the LC Lenders’ rights or powers hereunder. Nothing in the preceding sentence shall relieve any LC Lender from liability
for its gross negligence or willful misconduct, as determined by a final non-appealable judgment of a court of competent jurisdiction, in connection with actions or omissions described in such clauses (i) through (viii) of
the preceding sentence. In no event shall the Administrative Agent, any LC Lender or the Lenders or their respective Affiliates, be liable to the Borrower or any other Person for any indirect, consequential, incidental, punitive, exemplary or
special damages or expenses (including without limitation attorney fees), or for any damages resulting from any change in the value of any property relating to a Letter of Credit. 

Without limiting the generality of the foregoing, the Administrative Agent, each LC Lender, the Lenders and each of its
Affiliates (i) may rely on any written communication believed in good faith by such Person to have been authorized or given by or on behalf of the applicant for a Letter of Credit; (ii) may honor any presentation if the documents presented
appear on their face to comply with the terms and conditions of the relevant Letter of Credit; (iii) may honor a previously dishonored presentation under a Letter of Credit, whether such dishonor was pursuant to a court order, to settle or
compromise any claim of wrongful dishonor, or otherwise, and shall be entitled to reimbursement to the same extent as if such presentation had initially been honored, together with any interest paid by the applicable LC Lender or its Affiliates;
(iv) may honor any drawing that is payable upon presentation of a statement advising negotiation or payment, upon receipt of such statement (even if such statement indicates that a draft or other document is being delivered separately), and
shall not be liable for any failure of any such draft or other document to arrive, or to conform in any way with the relevant Letter of Credit; (v) may pay any paying or negotiating bank claiming that it rightfully honored under the laws or
practices of the place where such bank is located; and (vi) may settle or adjust any claim or demand made on the Administrative Agent, any LC Lender or the Lenders or their respective Affiliates, in any way related to any order issued at the
applicant’s request to an air carrier, a letter of guarantee or of indemnity issued to a carrier or any similar document (each an “Order”) and may honor any drawing in connection with any Letter of Credit that is the subject of such
Order, notwithstanding that any drafts or other documents presented in connection with such Letter of Credit fail to conform in any way with such Letter of Credit. 

In furtherance and extension and not in limitation of the specific provisions set forth above, any action taken or omitted by
any LC Lender under or in connection with any Letter of Credit issued by it or any documents and certificates delivered thereunder, if taken or omitted in good faith, shall not put such LC Lender under any resulting liability to the Borrower, any
Lender or any other Person, unless such LC Lender shall have acted with gross negligence or willful misconduct, as determined by a final non-appealable judgment of a court of competent jurisdiction. 

ARTICLE III 
 CONDITIONS
PRECEDENT 
 3.1         Conditions to Effectiveness of Agreement.

 (a)        This Agreement shall be effective upon satisfaction or express
written waiver of the condition precedent that the Administrative Agent, each LC Lender and each Lender shall have received on or prior to the Closing Date, the following, each in form and substance (including the date thereof) satisfactory to the
Administrative Agent, each such LC Lender and each such Lender: 

(i)        A counterpart of this Agreement and the other Transaction
Documents duly executed by the parties thereto and the Lenders, the LC Lenders and the Administrative Agent shall have received such other documents, instruments, agreements and legal opinions as 

  
 29 

 
each Lender, each LC Lender and the Administrative Agent shall reasonably request in connection with the transactions contemplated by this Agreement each in form and substance satisfactory to
each Lender, each LC Lender and the Administrative Agent. 

(ii)        The Borrower, Servicer, Parent, Originator and each
Seller shall be in compliance with all applicable foreign, federal, state and local laws and regulations, except to the extent noncompliance would not reasonably be expected to have a Material Adverse Effect. 

(iii)       Copies of: (i) the resolutions of the board of directors
or other governing body of each of the Sellers, the Originator, the Borrower, the Parent and the Servicer authorizing the execution, delivery and performance by such Person of Transaction Document to which it is a party; (ii) all documents
evidencing other necessary corporate action and governmental approvals, if any, with respect to this Agreement and the other Transaction Documents (including the execution, delivery and performance thereof and the consummation of the transactions
contemplated hereby or thereby) and (iii) the organizational documents of each such Person, in each case, certified by the Secretary or Assistant Secretary of the applicable party and good standing certificates (or analogous certificates),
certificates of qualification, certificates of formation and/or similar documents of each such Person, in each case certified by the applicable secretary of state. 

(iv)       A certificate of the Secretary or Assistant Secretary of each
of the Sellers, the Originator, the Borrower, the Parent and the Servicer certifying the names and true signatures of its officers who are authorized to sign the Transaction Documents to which it is a party. Until the Administrative Agent and each
Lender receives a subsequent incumbency certificate from any such Person, the Administrative Agent and each Lender shall be entitled to rely on the last such certificate delivered to it by such Person. 

(v)       Completed UCC and lien search reports from all applicable
jurisdictions, dated on or shortly before the Closing Date, listing all financing statements filed with the secretary of state or other responsible public official in all such jurisdictions, that name the Sellers, the Originator or the Borrower as
debtor, and similar search reports from all applicable jurisdictions with respect to judgment, tax, ERISA and other liens as the Administrative Agent may reasonably request. 

(vi)       The Originator, the Servicer, the Parent, the Borrower and the
Sellers shall have provided to the Administrative Agent and each Lender reasonable access to facilities, personnel, accountants and records, in each case to the extent requested by the Administrative Agent. 

(vii)      Evidence of payment by the Borrower (or Alpha Natural Resources,
Inc.) of all fees, costs and expenses payable on the Closing Date (including any amounts payable on the Closing Date under the Fee Letter). 

(viii)     Satisfactory results of background and reference checks the scope and
content of which is determined by the Administrative Agent. 

(ix)       A certificate from an Authorized Officer of the Borrower to the
effect that no Incipient Termination Event or Termination Event shall have occurred and be continuing or would result after giving effect to any of the transactions contemplated to be effected on the Closing Date. 

  
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 (x)        A certificate
from an Authorized Officer of each such entity to the effect that each representation and warranty by the Borrower, Servicer, Originator, Sellers and Parent, in each case solely with respect to itself, contained herein and in each other Transaction
Documents to which it is a party shall be true and correct in all material respects as of the Closing Date, unless stated to relate solely to an earlier date, in which case such representations and warranties shall be true and correct as of such
earlier date. 
 (xi)       A copy of the Credit and Collection Policies
certified as being true and accurate in all respects by an Authorized Officer of the Servicer. 

(xii)      Such other approvals, opinions, information or documents as the
Administrative Agent may request. 
 (xiii)     Copies of proper financing
statements, ready for filing under the UCC of all jurisdictions that the Administrative Agent may deem necessary or desirable in order to perfect the interests of the Administrative Agent (for the benefit of the Secured Parties) contemplated by the
Transaction Documents. 
 (xiv)     Except as otherwise contemplated in
Section 5.1(j), copies of proper amendments or releases to financing statements, mortgages or other applicable instruments, if any, ready for filing or recording, as applicable, necessary to release all security interests and other
rights of any Person in the Receivables, Contracts or other Borrower Collateral previously granted by the Sellers, the Originator or the Borrower in any applicable UCC filing office or other filing office and as shown in the search reports described
in subsection (a)(v) above or, in the case of mortgages or other instruments, all mortgages or other instruments recorded as of the Closing Date. 

(xv)      Completed abstracts, prepared by search firms reasonably acceptable
to the Administrative Agent, reflecting results of searches of the recorder of deeds or other public office of similar purpose in all jurisdictions listed in Schedule II to the Sale Agreement, listing all records of mortgages, financing statements
or deeds of trust, if any, filed or recorded in any such jurisdictions that name as grantor or transferor or words of similar effect any Seller (including any trade names of such Seller shown on Schedule IV to the Sale Agreement or otherwise) shown
on Schedule I to the Sale Agreement as operating, owning or leasing an underground or surface mine, with a beginning date on the date of incorporation or formation of such Seller (or such other date as the Administrative Agent shall agree) and a
recent through date, together with copies of any mortgages, financing statements or deeds of trust identified on a completed abstract. 

(xvi)     In the event that the search reports described in clause
(v) or clause (xv) above show any mortgages, financing statements or deeds covering as-extracted collateral, a release letter and/or authorization to file a UCC-3 termination statement addressed to the Administrative Agent and
duly executed by such grantee or beneficiary releasing such party’s security interest, lien or other rights thereunder in the Receivables, Contracts and other Borrower Collateral subject thereto and evidence that amendments and/or releases to
such mortgages, financing statements, deeds or other applicable instruments necessary to release all security interests, liens and other rights of the related grantee or beneficiary thereunder in the Receivables, Contracts and other Borrower
Collateral subject thereto to have been duly recorded. 
 (xvii)    Favorable opinions,
addressed to each Lender, each LC Lender and the Administrative Agent, in form and substance satisfactory to the Administrative Agent, each Lender and each LC Lender, of Hunton & Williams LLP, counsel for Sellers, the Originator, the

  
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Borrower, the Parent and the Servicer and/or in-house counsel for such Person and/or local counsel for such Person, covering such matters as the Administrative Agent, any Lender or any LC Lender
may reasonably request, including, without limitation, organizational and enforceability matters, certain bankruptcy matters, and certain UCC perfection matters. 

(xviii)   Satisfactory results of a review, field examination and audit (performed by
representatives of the Administrative Agent), and all legal, business, environmental or other due diligence, in each case the scope and content of which is determined by the Administrative Agent; 

(xix)     A certificate of an Authorized Officer of the Parent, as of the Closing
Date, that (i) since the date of the Parent’s last audited financial statements, there has been no material adverse change, individually or in the aggregate, in the business, financial or other condition of the Parent and its subsidiaries,
taken as a whole, the industry in which the Originator or any Seller operates (other than (1) any regulatory developments that have been publicly disclosed on or prior to the Closing Date and that affect or could reasonably be expected to
affect the coal industry generally and (2) any other events or conditions that occurred prior to the Closing Date that are particular to the coal industry (including but not limited to coal pricing) and are generally known to lenders lending to
coal industry participants) or the Receivables that will constitute Receivables as of the Closing Date; (ii) since the date of the last projections delivered to the Administrative Agent in writing prior to the Closing Date, there has been no
material adverse change in such projections; (iii) there exists no litigation commenced against the Parent or its Subsidiaries that, if adversely determined, would have a Material Adverse Effect; and (iv) since the date of the
Parent’s last audited financial statements, there has been no material increase in the liabilities, liquidated or contingent, of the Parent and its subsidiaries, taken as a whole, other than the issuance of $300 million aggregate principal
amount of 7 1⁄2% senior secured second lien notes due 2020 as disclosed on Parent’s Form 8-K filed with the Securities and Exchange Commission on
May 21, 2014 . 
 (xx)      With respect to each Account and each
Lockbox, an executed Account Agreement. 
 (xxi)     A computer file containing
information agreed upon between the Borrower and the Administrative Agent. 

(b)        For the avoidance of doubt, the representations and warranties given by
the Borrower hereunder shall not include or be deemed to include or cover any information or information delivery requirement waived hereunder by the Administrative Agent 

3.2        Conditions Precedent to All Advances and Letter of Credit
Issuances.  Notwithstanding anything to the contrary herein, (x) no Lender shall be obligated to make any Advances hereunder (other than any deemed Revolving Credit Advance in connection with a Participation Advance pursuant to
Section 2.19(c) or as a result of the operation of Section 2.6(c) or any Refunded Swing Line Advance) on any date (y) no LC Lender shall be required to issue any Letter of Credit on any date and (z) Collections
shall be retained in the Specified Account pursuant to Section 2.8(b)(v) on each day if, as of the date thereof: 

(a)        any representation or warranty of the Borrower, the Servicer, the Parent,
the Originator or any Seller contained herein or in any of the other Transaction Documents shall be untrue or incorrect in any material respect as of such date, either before or after giving effect to the Advances to be made or Letter of Credit to
be issued, as applicable, on such date and to the application of the proceeds 

  
 32 

 
therefrom, except to the extent stated to relate solely to an earlier date, in which case such representations and warranties shall be untrue or incorrect in any material respect as of such
earlier date and except for changes therein expressly permitted by this Agreement (it being understood that the materiality threshold referenced above shall not be applicable with respect to any clause of any representation or warranty which itself
contains a materiality qualification); 
 (b)        any event shall have occurred,
or would result from the making of such Advances or from the application of the proceeds therefrom or from the issuance of such Letter of Credit, as applicable, that constitutes an Incipient Termination Event or a Termination Event; 

(c)        the Facility Maturity Date shall have occurred; 

(d)        an Election Notice shall have been delivered; or 

(e)        either before or after giving effect to (1) such Advance and to the
application of the proceeds therefrom or (2) the issuance of such Letter of Credit, as applicable, a Funding Excess would exist. 
 The
delivery by the Borrower of a Borrowing Request and the acceptance by the Borrower of the funds from the related Borrowing on any Advance Date shall be deemed to constitute, as of any such Advance Date, as the case may be, a representation and
warranty by the Borrower that the conditions in this Section 3.2 have been satisfied. The delivery by the Borrower of a Letter of Credit Application for a Letter of Credit and the issuance of such Letter of Credit, shall be deemed to
constitute, as of the date of such issuance, a representation and warranty by the Borrower that the conditions in this Section 3.2 have been satisfied. 

ARTICLE IV 

REPRESENTATIONS AND WARRANTIES 

4.1        Representations and Warranties of the
Borrower.    To induce each Lender to make Advances from time to time, each LC Lender to issue Letters of Credit from time to time (in each case subject to the terms and conditions herein) and the Administrative Agent to take
any action required to be performed by it hereunder, the Borrower makes the following representations and warranties to each Lender, each LC Lender and the Administrative Agent on the Closing Date and (unless otherwise expressly provided below) on
each Advance Date and each date on which a Letter of Credit is issued (except for representations and warranties that apply only to an earlier date, in which case such representations and warranties shall be true and correct as of such earlier
date), each and all of which shall survive the execution and delivery of this Agreement. 

(a)        Corporate Existence; Compliance with
Law.    The Borrower (i) is a limited liability company duly formed, validly existing and in good standing under the laws of its jurisdiction of organization, is a “registered organization” as defined in
the UCC of such jurisdiction and is not organized under the laws of any other jurisdiction; (ii) is duly qualified to conduct business and is in good standing in each other jurisdiction where its ownership or lease of property or the conduct of
its business requires such qualification, except where the failure to comply, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect; (iii) has the requisite power and authority and the legal right
to own, pledge, mortgage or otherwise encumber and operate its properties, to lease the property it operates under lease, and to conduct its business, in each case, as now, heretofore and proposed to be conducted; (iv) has all licenses,
permits, consents or approvals from or by, and has made all filings (other than, until the Closing Date, filings of financing statements with respect to the 

  
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Receivables or SEC filings required of the Parent with respect to the transactions contemplated by the Transaction Documents) with, and has given all notices to, all Governmental Authorities
having jurisdiction, to the extent required for such ownership, operation and conduct, except where the failure to comply, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect; (v) is in
compliance with its limited liability company agreement; and (vi) subject to specific representations set forth herein regarding ERISA, tax and other laws, is in compliance with all applicable provisions of law, except where the failure to
comply, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect. 

(b)        Executive Offices; Collateral Locations; Corporate or Other Names;
FEIN. The state of organization and the organization identification number of the Borrower and current location of the Borrower’s chief executive office and the premises within which any Borrower Collateral (other than as-extracted
collateral) is stored or located, are set forth in Schedule 4.1(b) and the jurisdiction of its organization has not changed within the past 12 months (or such shorter time as the Borrower has been in existence). The Borrower has not been
known as or used any fictitious or trade name. Schedule 4.1(b)(1) lists the federal employer identification number of the Borrower. Schedule II to the Sale Agreement lists each location at which a Seller operates a mine the sale of coal
products from which gives rise to Receivables. 
 (c)        Corporate Power,
Authorization, Enforceable Obligations. The execution, delivery and performance by the Borrower of this Agreement and the other Transaction Documents to which it is a party, including for the avoidance of doubt the exercise by the Borrower of
any of its rights and remedies thereunder, and the creation and perfection of all Liens and ownership interests provided for herein and therein: (i) are within the Borrower’s limited liability company power; (ii) have been duly
authorized by all necessary or proper actions; (iii) do not contravene any provision of the Borrower’s certificate of formation or limited liability company agreement; (iv) do not violate any law or regulation, or any order or decree
of any court or Governmental Authority; and (v) do not (A) violate, conflict with, result in a breach of or constitute (alone or with notice or lapse of time or both) a default under, give rise to a right of or result in any cancellation
or acceleration of any right or obligation (including any payment) or to a loss of a material benefit under, any indenture, lease, agreement or other instrument to which the Borrower or any member of the Parent Group is a party or by which the
Borrower or any member of the Parent Group, or any property of any of them, is bound, where any such violation, conflict, breach, default, cancellation, acceleration or loss would reasonably be expected to have, individually or in the aggregate, a
Material Adverse Effect, or (B) result in the creation or imposition of any Adverse Claim upon or with respect to any assets now owned or hereafter acquired by the Borrower, the Parent or member of the Parent Group that would reasonably be
expected to have a Material Adverse Effect. No consent or approval of any Governmental Authority or any other Person is required with respect to this Agreement or the Transaction Documents, except (X) those which have been duly obtained, made
or complied with on or prior to the Closing Date or (Y) those regarding which the failure to be obtained or made would not reasonably be expected to have a Material Adverse Effect. On the Closing Date, each of the Transaction Documents to which
the Borrower is a party shall have been duly executed and delivered by the Borrower and each such Transaction Document shall then constitute a legal, valid and binding obligation of the Borrower enforceable against it in accordance with its terms,
subject to applicable bankruptcy, insolvency, reorganization, moratorium and other similar laws affecting the enforcement of creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a
proceeding in equity or at law. 
 (d)        No
Litigation.    No Litigation is now pending or, to the knowledge of the Borrower, threatened against the Borrower that (i) challenges the Borrower’s right or power to enter into or perform any of its obligations
under the Transaction Documents to which it is a party, or the validity or enforceability of any Transaction Document or any action taken thereunder, (ii) seeks to prevent the 

  
 34 

 
transfer, sale or pledge of any Receivable or the consummation of any of the transactions contemplated under this Agreement or the other Transaction Documents, (iii) if adversely determined,
would reasonably be expected to have a Material Adverse Effect or (iv) consists of an indictment by a Governmental Authority (including any federal or state prosecutor) of the Borrower which alleges criminal misconduct by the Borrower. 

(e)        Solvency.  On the Closing Date, on each Transfer Date and
on each Advance Date, as applicable, in each case after giving effect to any sale or pledge of Receivables on such date, any Advances to be made on such date (and the application of the proceeds therefrom), the issuance of any Letters of Credit to
be issued on such date and any other transactions to be effectuated hereunder on such date, the Borrower is Solvent. 

(f)        Material Adverse Effect.  Since the date of the
Borrower’s organization, (i) the Borrower has not incurred any obligations, contingent or non-contingent liabilities, liabilities for Charges, long-term leases or unusual forward or long-term commitments, other than in connection with the
transaction contemplated by the Transaction Documents and (ii) no contract, lease or other agreement or instrument has been entered into by the Borrower or has become binding upon the Borrower’s assets, other than as expressly permitted by
the Transaction Documents, and no law or regulation applicable to the Borrower has been adopted that has had or would reasonably be expected to have a Material Adverse Effect. Since December 31, 2013, there have been no events, circumstances,
developments or other changes in facts that, individually or in the aggregate, have had, or would reasonably be expected to have, a Material Adverse Effect; provided, that, (i) regulatory developments that have been publicly disclosed on
or prior to the Closing Date and that affect or could reasonably be expected to affect the coal industry generally and (ii) other events or conditions occurring prior to the Closing Date that are particular to the coal industry (including but
not limited to coal pricing) and are generally known to lenders lending to coal industry participants, in each case shall not be taken into account for purposes of determining whether a “Material Adverse Effect” has occurred or is
continuing pursuant to clause (a) of the definition thereof. 

(g)        Ownership of Receivables; Liens.  On the Closing Date and
on each Advance Date, none of the properties and assets (including the Receivables and other Borrower Collateral) of the Borrower are subject to any Adverse Claims other than Permitted Encumbrances or Lease Liens, that have not been terminated of
record, and there are no facts, circumstances or conditions known to the Borrower that may result in with respect to the Receivables or any other Borrower Collateral, any Adverse Claims (including Adverse Claims arising under environmental laws)
other than Permitted Encumbrances or Lease Liens. On the Closing Date and on each Advance Date, the Borrower has received all assignments, bills of sale and other documents, and has duly effected all recordings, filings and other actions necessary
to establish, protect and perfect the Borrower’s right, title and interest in and to the Receivables and other Borrower Collateral and its other properties and assets. On the Closing Date and on each Advance Date, (x) no effective
financing statements or other similar instruments are of record in any filing office listing the Borrower, the Originator or any Seller as debtor and covering any of the Receivables or the other Borrower Collateral (except those filed in respect of
Permitted Encumbrances and those representing security interests of third parties that have been released but, due to administrative error, have not been terminated of record), and (y) the Liens granted to the Administrative Agent pursuant to
Section 7.1 are and will be at all times fully perfected first priority Liens in and to the Borrower Collateral. 

(h)        Ventures and Subsidiaries; Outstanding Stock and
Debt.  The Borrower has no Subsidiaries, and is not engaged in any joint venture or partnership with any other Person. There are no outstanding rights to purchase or options, warrants or similar rights or agreements pursuant to which
the Borrower may be required to issue, sell, repurchase or redeem some or all of its membership interests. Other than the Indebtedness arising under this Agreement, the Borrower has no outstanding Indebtedness. 

  
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 (i)        Taxes. All U.S.
federal and other tax returns, reports and statements, including information returns, required by any Governmental Authority to be filed by the Borrower and all material tax returns, reports and statements, including information returns, required by
any Governmental Authority to be filed by any Affiliate of the Borrower, have in each case been filed with the appropriate Governmental Authority and all Charges have been paid prior to the date on which any fine, penalty, interest or late charge
may be added thereto for nonpayment thereof (or any such fine, penalty, interest, late charge or loss has been paid), excluding Charges or other amounts being contested in accordance with Section 5.1(e). Proper and accurate amounts have
been withheld by the Borrower or any such domestic Affiliate from its respective employees for all periods in full and complete compliance with all applicable federal, state, local and foreign laws and such withholdings have been timely paid to the
respective Governmental Authorities. Borrower has elected to be disregarded as an entity separate from its owner for federal income tax purposes under Section 301.7701-3(b)(1) of the United States Treasury Regulations and is therefore not an
association taxable as a corporation for federal income tax purposes. Neither the Parent nor any domestic Affiliate of the Borrower included in the Parent Group has agreed or been requested to make any adjustment under section 481(a) of the IRC, by
reason of a change in accounting method or otherwise, that would reasonably be expected to have a Material Adverse Effect. The Borrower, the Lenders and the Administrative Agent will treat the Advances as indebtedness for United States federal
income tax purposes. 
 (j)        Full
Disclosure.    All information (other than projections and other forward looking information and information of a general economic or industry specific nature) contained in this Agreement, any Borrowing Base Certificate or
any of the other Transaction Documents, or any other written statement or information furnished by or on behalf of the Borrower to any Lender, the Administrative Agent or any LC Lender relating to this Agreement, the Receivables or any of the other
Transaction Documents, in each case, taken as a whole, was, when furnished, true and accurate in every material respect and, in the case of projections, such projections when furnished were based on reasonable estimates, information and assumptions
and the party making such projections had no reason to believe that such projections were incorrect or misleading in any material respect. All information contained in this Agreement, any Borrowing Base Certificate or, in the case of any information
regarding or relating to the Borrower or any of its Affiliates or any Borrower Collateral, any of the other Transaction Documents, or any other written statement or information furnished by or on behalf of the Borrower or any of its Affiliates to
any Lender, the Administrative Agent or any LC Lender has been prepared (or has been caused to be prepared) in good faith by the Borrower with the exercise of reasonable diligence. 

(k)        ERISA.  All Plans are in material compliance with ERISA,
except failure to comply or the incurrence of any liability that, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect or result in a Termination Event or Incipient Termination Event and neither the
Borrower nor any of its Affiliates have incurred or reasonably expects to incur any liabilities (except for timely paid premium payments arising in the ordinary course of business, liabilities arising under section 4041(b) of ERISA, and in the
aggregate as would not reasonably be expected to have a Material Adverse Effect or result in a Termination Event or Incipient Termination Event). 

(l)          [Reserved.] 

(m)        Margin Regulations.  The Borrower is not engaged in the
business of extending credit for the purpose of “purchasing” or “carrying” any “margin security,” as such terms are defined in Regulation U of the Federal Reserve Board as now and from time to time hereafter in effect
(such securities being referred to herein as “Margin Stock”). The Borrower owns no Margin Stock, and no portion of the proceeds of the Advances made hereunder (or any Letter of Credit) will be used, directly or indirectly, for the
purpose of purchasing or carrying any Margin Stock, for the purpose of reducing or retiring any debt that was originally incurred to purchase or carry any Margin Stock or for any other 

  
 36 

 
purpose that might cause any portion of such proceeds to be considered a “purpose credit” within the meaning of Regulations T, U or X of the Federal Reserve Board. The Borrower will not
take or permit to be taken any action that might cause any Transaction Document to violate any regulation of the Federal Reserve Board. 

(n)        Nonapplicability of Bulk Sales Laws.    No
transaction contemplated by this Agreement or any of the Transaction Documents requires compliance with any bulk sales act or similar law. 

(o)        Government Regulation.  The Borrower is not an
“investment company” or a company “controlled” by an “investment company” as such terms are defined in the Investment Company Act and the Borrower is not relying exclusively on the exception(s) from the definition of
“investment company” afforded by Section 3(c)(1) and/or Section 3(c)(7) of the Investment Company Act. 

(p)        [Reserved.] 

(q)        Nonconsolidation.  The Borrower is operated in such a
manner that the separate corporate existence of the Borrower, on the one hand, and any member of the Parent Group, on the other hand, would not be disregarded in the event of the bankruptcy or insolvency of any member of the Parent Group and,
without limiting the generality of the foregoing, in accordance with (and at all times will comply with) (i) the terms of its limited liability company agreement and (ii) the assumptions set forth in each opinion letter of
Hunton & Williams LLP (or other counsel to the Borrower approved by the Administrative Agent) with respect to issues of substantive consolidation and true sale and absolute transfer. 

(r)        Deposit and Disbursement Accounts. Schedule 4.01(s) to the
Receivables Sale Agreement lists all banks and other financial institutions at which the Borrower will maintain deposit or other bank accounts as of the Closing Date, including each Account, and such schedule correctly identifies the name, address
and telephone number of each depository, the name in which the account is held, the complete account number therefor and a description of the purpose of the account. Each Account is owned by the Borrower free and clear of any Adverse Claims and
constitutes a deposit account within the meaning of the applicable UCC. The Borrower (or the Servicer on its behalf) has delivered to the Administrative Agent a fully executed agreement pursuant to which the Collection Account Bank (with respect to
each Account) has agreed to comply with all instructions originated by the Administrative Agent directing the disposition of funds in the Accounts without further consent by the Borrower, the Servicer, the Originator or any Seller; provided
that, prior to the occurrence of an Account Control Event, the Administrative Agent has agreed to permit the Account Bank to comply with instructions from the Borrower or the Servicer as to the disposition of funds in the Accounts. No Account is in
the name of any person other than the Borrower, and none of the Sellers, the Originator, the Servicer, the Parent or Borrower has consented to any Bank following the instructions of any Person other than the Administrative Agent (or, prior to the
occurrence of an Account Control Event, the Borrower or the Servicer) with respect to any Account. The Administrative Agent has a first priority perfected security interest in each Account, and all Borrower Collateral on deposit therein. 

(s)         Receivables.    With respect to each
Receivable sold or contributed by the Originator to the Borrower pursuant to the Receivables Sale Agreement: 

(i)        Transfers.  Each Receivable was
(x) purchased or acquired as a capital contribution by the Borrower from the Originator on the relevant Transfer Date pursuant to the Receivables Sale Agreement and (y) originated by the Originator. Pursuant to the Sale Agreement, the
Originator purchased from each Seller the sale of coal products of which gave 

  
 37 

 
rise, in whole or in part, to such Receivable, all right, title and interest of such Seller in such Receivable. With respect to each Receivable, the aggregate of all the Seller Interests
therein that were acquired by the Originator under the Sale Agreement constitute the entire interest of the Sellers in such Receivable. 

(ii)        Eligibility.  Each Receivable designated
as an Eligible Receivable in each Borrowing Base Certificate, Weekly Report or Monthly Report, as the case may be, constitutes an Eligible Receivable as of the date specified in such Borrowing Base Certificate, Weekly Report or Monthly Report, as
applicable. 
 (iii)       Nonavoidability of
Transfers.    The Borrower shall either (A) have received each Contributed Receivable as a contribution to the capital of the Borrower by the Originator as a member of the Borrower or (B) have purchased any other
Receivable from the Originator for cash consideration or in consideration of the issuance of Letters of Credit, in each case in an amount that constitutes fair consideration and reasonably equivalent value therefor. The Originator shall have
purchased each Seller Interest in each Receivable from the applicable Seller or Sellers pursuant to, and in accordance with the terms of, the Sale Agreement. No such sale (x) has been made for or on account of an antecedent debt owed by any
Originator to the Borrower or owed by any Seller to the Originator or (y) has been made with the intent to hinder, defraud or delay any present or future creditors of any Seller, the Originator or the Borrower, 

(iv)       No Adverse Circumstances.  The Borrower has no
actual knowledge of any fact (including any defaults by the Obligor thereunder on any other Receivable) that cause it to expect that any payments on any Receivable designated as an Eligible Receivable in any Borrowing Base Certificate, Monthly
Report or Weekly Report, as applicable, will not be paid in full when due (for the avoidance of doubt, taking into account any Permitted Dilution Adjustments with respect such Borrowing Base Certificate, Monthly Report or Weekly Report, as
applicable). 
 (t)          Assignment of Interest in Transaction
Documents.  The Borrower’s interests in, to and under the Receivables Sale Agreement and each other Transaction Documents have been assigned by the Borrower to the Administrative Agent (for the benefit of itself and the Secured
Parties) as security for the Borrower Obligations. No license or approval is required for the Administrative Agent’s or any successor Servicer’s use of any programs used by the Servicer in the servicing of the Receivables other than those
which have been obtained and which remain in full force and effect. 

(u)          Notices to Obligors.  Each Obligor of
Receivables has been notified, in a manner consistent with the Credit and Collection Policies, that all payments with respect to such Receivables are to be made by remitting payment to the Lockbox or the Lockbox Account. 

(v)          Representations and Warranties in Other Transaction
Documents.  Each of the representations and warranties of the Borrower contained in the Transaction Documents (other than this Agreement) to which it is a party is true and correct in all material respects (it being understood that the
materiality threshold referenced above shall not be applicable with respect to any clause of any representation or warranty which itself contains a materiality qualification), and the Borrower hereby makes each such representation and warranty to,
and for the benefit of, the Lenders and the Administrative Agent as if the same were set forth in full herein. 

(w)         Supplementary Representations. 

  
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(i)         Receivables; Accounts. (A) Each
Receivable constitutes an “account” (including, without limitation, accounts constituting “as-extracted collateral”) within the meaning of the applicable UCC, and (B) each Account constitutes a “deposit account”
within the meaning of the applicable UCC. 

(ii)        Creation of Security Interest. The Borrower owns
and has good and marketable title (whether expressly or as granted under applicable law) to the Receivables, Accounts and Lockbox, free and clear of any Adverse Claim (other than any Permitted Encumbrance). This Credit Agreement creates a valid and
continuing security interest (as defined in the applicable UCC) in the Receivables and other Borrower Collateral in favor of the Administrative Agent (on behalf of itself and the other Secured Parties), which security interest is prior to all other
Adverse Claims (other than any Permitted Encumbrance) and is enforceable as such as against any creditors of and purchasers from the Borrower. 

(iii)       Perfection. (A) the Borrower has caused the filing
of all appropriate financing statements in the proper filing office in the appropriate jurisdictions under applicable law and entered into Account Agreements in order to perfect (x) the sale of the Receivables and other Transferred Property
(including, without limitation, as extracted collateral) from the Originator to the Borrower pursuant to the Receivables Sale Agreement, (y) the security interest granted by the Borrower to the Administrative Agent (on behalf of itself and the
other Secured Parties) in the Receivables and other Borrower Collateral (including, without limitation, as extracted collateral) hereunder and (z) the sale of the Sold Property from the Sellers to the Originators pursuant to the Sale Agreement;
(B) with respect to each Account, the Borrower has delivered to the Administrative Agent (on behalf of itself and the Lenders and the LC Lenders), a fully executed Account Agreement pursuant to which the applicable Bank has agreed to comply,
following the receipt of written notice from the Administrative Agent of an Account Control Event, with all instructions given by the Administrative Agent with respect to all funds on deposit in the Accounts and the related Lockbox, without further
consent by any Seller, the Borrower or the Originator. 

(iv)       Priority. Other than (v) the transfer of the Sold
Property by the related Seller or Sellers to the Originator pursuant to the Sale Agreement, (x) the transfer of the Receivables and other Transferred Property by the Originator to the Borrower pursuant to the Receivables Sale Agreement,
(y) the grant of security interest by the Borrower to the Administrative Agent (on behalf of itself and the other Secured Parties) in the Receivables, and the other Borrower Collateral hereunder, and (z) any other Permitted Encumbrances,
none of the Borrower, the Originator or any Seller has pledged, assigned, sold, conveyed, or otherwise granted a security interest in any of the Receivables or the other Borrower Collateral to any other Person. None of the Borrower, any Seller or
Originator has authorized, or is aware of, any filing of any effective financing statement against the Borrower, any Seller or Originator that includes a description of collateral covering the Receivables or other Borrower Collateral, other than the
financing statements filed pursuant to the Sale Agreement, the Receivables Sale Agreement and this Agreement, financing statements representing Liens being contested in good faith as to which the Administrative Agent has been notified in writing and
established a reserve satisfactory to the Administrative Agent in its sole and absolute discretion after consultation with the Borrower, financing statements that have been validly terminated (or amended to expressly exclude such property from the
covered collateral) and those representing security interests of third parties that have been released but, due to administrative error, have not been terminated of record. The Borrower is not aware of any judgment, ERISA or tax lien filings against
any of the Borrower, the Originator or any Seller (other than Permitted Encumbrances and those representing security interests of third parties that have been released but, due to administrative error, have not been

  
 39 

 
terminated of record). None of the Accounts or the Lockbox is in the name of any Person other than the Borrower or the Administrative Agent. On the Closing Date, none of the Borrower, the
Servicer, any Seller or any Originator has consented to any Bank complying with instructions of any Person (other than prior to the occurrence of an Account Control Event, the Servicer, and following the occurrence of an Account Control Event, the
Administrative Agent) with respect to any Account. 
 (x)        Commercial Tort
Claims.    As of the date hereof, the Borrower owns no “commercial tort claims” (as defined in the UCC). 

(y)        Mortgages Covering As-Extracted Collateral.  On each
Advance Date and each date on which a Letter of Credit is issued, there are no mortgages that are effective as financing statements covering as-extracted collateral and that name any Seller or Originator as grantor, debtor or words of similar effect
and encumber any “as extracted collateral” the sale of which gives rise to any Receivable, filed or recorded in any jurisdiction, except (x) those representing Liens being contested in good faith as to which the Administrative Agent
has been notified in writing and established a reserve satisfactory to the Administrative Agent in its sole and absolute discretion after consultation with the Borrower, (y) those representing Permitted Encumbrances (other than Permitted Lease
Liens) and (z) those representing security interests of third parties that have been released but, due to administrative error, have not been terminated of record. 

(z)        OFAC.  The Borrower, the Originator and Servicer, each
Seller and the Parent are in compliance in all material respects with all U.S. economic sanctions laws, executive orders and implementing regulations as promulgated by OFAC, and all applicable anti-money laundering and counter-terrorism financing
provisions of the Bank Secrecy Act and all regulations issued pursuant to it. None of the Borrower, the Originator and Servicer, each Seller or the Parent (i) is a Person designated by the U.S. government on the list of the Specially Designated
Nationals and Blocked Persons (the “SDN List”) with which a U.S. Person cannot deal with or otherwise engage in business transactions, (ii) is a Person who is otherwise the target of U.S. economic sanctions laws such that a
U.S. Person cannot deal or otherwise engage in business transactions with such Person or (iii) is controlled by (including without limitation by virtue of such person being a director or owning voting shares or interests), or acts, directly or
indirectly, for or on behalf of, any person or entity on the SDN List or a foreign government that is the target of U.S. economic sanctions prohibitions such that the entry into, or performance under, this Agreement or any other Transaction Document
would be prohibited under U.S. law. 
 (aa)       Notwithstanding any other provision of
this Agreement or any other Transaction Document, the representations contained in this Section 4.1 shall be continuing, and remain in full force and effect until the Termination Date. 

ARTICLE V 
 GENERAL
COVENANTS OF THE BORROWER 
 5.1        Affirmative Covenants of the
Borrower.  The Borrower covenants and agrees that from and after the Closing Date and until the Termination Date: 

(a)        Compliance with Agreements and Applicable Laws.  The
Borrower shall (i) perform each of its obligations under this Agreement and the other Transaction Documents and (ii) comply with all federal, state and local laws and regulations applicable to it and the Receivables, including those
relating to truth in lending, retail installment sales, fair credit billing, fair credit reporting, equal credit opportunity, fair debt collection practices, privacy, licensing, taxation, ERISA and labor

  
 40 

 
matters and environmental laws and environmental permits except, solely with respect to this clause (ii), where the failure to so comply (individually or in the aggregate) would not
reasonably be expected to have a Material Adverse Effect. 

(b)         Maintenance of Existence and Conduct of
Business.  The Borrower shall: (i) do or cause to be done all things necessary to preserve and keep in full force and effect its limited liability company existence and its rights and franchises; (ii) continue to conduct its
business substantially as now conducted or as otherwise permitted hereunder and in accordance with (1) the terms of its limited liability company agreement and other formation documents and (2) the assumptions set forth in each opinion
letter of Hunton & Williams LLP (or other counsel to the Borrower approved by the Administrative Agent) with respect to issues of substantive consolidation and true sale and absolute transfer; (iii) at all times maintain, preserve and
protect all of its assets and properties used or useful in the conduct of its business, including all licenses, permits, charters and registrations, except where the failure to do so, individually or in the aggregate, would not reasonably be
expected to have a Material Adverse Effect; and (iv) transact business only in its name. 

(c)         Deposit of Collections.  The Borrower shall, with
respect to all Collections it may receive from any Obligor of any Receivable either (i) deposit or cause the Servicer to deposit, such Collections promptly into the Lockbox Account or (ii) scan, or cause the Servicer to scan, any items of
payment representing Collections for deposit into the Lockbox Account or mail, or cause the Servicer to mail, such items of payment to the Lockbox, in either case no later than the second Business Day after receipt of any such Collections. 

(d)         Use of Proceeds.  The Borrower shall utilize the
proceeds of the Revolving Credit Advances made hereunder solely for (i) the repayment of Revolving Credit Advances made hereunder and the payment of any fees due hereunder, (ii) the purchase of Receivables (and other Transferred Property)
from the Originator pursuant to the Receivables Sale Agreement, (iii) the payment of distributions to the Originator (as the sole member of the Borrower) and (iv) the payment of administrative fees or Servicer Fees or expenses to the
Servicer or routine administrative or operating expenses, in each case only as expressly permitted by and in accordance with the terms of this Agreement and the other Transaction Documents. 

(e)         Payment and Performance of Charges and other Obligations.

 (i)         Subject to Section 5.1(e)(ii), the
Borrower (or the Servicer on behalf of the Borrower using the Borrower’s funds) shall pay, perform and discharge or cause to be paid, performed and discharged promptly all charges and claims payable by it, including (A) Charges imposed
upon it, its income and profits, or any of its property (real, personal or mixed) and all Charges with respect to tax, social security and unemployment withholding with respect to its employees (if any), and (B) lawful claims for labor,
materials, supplies and services or otherwise before any thereof shall become past due, except in each case where failure to do so would not reasonably be expected to result in a Material Adverse Effect. 

(ii)        The Borrower (or the Servicer on behalf of the Borrower)
may in good faith contest, by appropriate proceedings, the validity or amount of any Charges or claims described in Section 5.1(e)(i); provided, that (A) adequate reserves with respect to such contest are maintained on the
books of the Borrower, in accordance with GAAP, (B) such contest is maintained and prosecuted in a commercially reasonable manner and with commercially reasonable diligence, (C) none of the Borrower Collateral becomes subject to forfeiture
or loss as a result of such contest and (D) no Lien shall be imposed to secure payment of such charges or claims other than inchoate tax liens. 

  
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(f)         ERISA.  The Borrower shall give the Administrative
Agent prompt written notice of any event that (i) would reasonably be expected to result in the imposition of a Lien on any Borrower Collateral under section 412 or 430 of the IRC or section 302, 303 or 4068 of ERISA, or (ii) would
reasonably be expected to result in the incurrence by Borrower of any liabilities under Title IV of ERISA (other than premium payments arising in the ordinary course of business or liabilities under section 4041(b) of ERISA, and liabilities that
would not, in the aggregate, reasonably be expected to result in a Material Adverse Effect). 

(g)         Borrower to Maintain Perfection and Priority.  In
order to evidence the interests of the Administrative Agent, the LC Lenders and the Lenders under this Agreement, the Borrower, at the request of the Administrative Agent, shall, from time to time take such action, or execute and deliver such
instruments and notices as may be necessary or advisable to maintain and perfect, as a first-priority interest, the Administrative Agent’s (on behalf of the Secured Parties) security interest in the Receivables and all other collateral pledged
to the Administrative Agent (on behalf of the Secured Parties) pursuant to this Agreement. Without limiting the foregoing, upon request by the Administrative Agent, the Borrower shall, from time to time and within the time limits established by law,
prepare and present (or cause to be prepared and presented) to the Administrative Agent for the Administrative Agent’s authorization and approval all financing statements, amendments, continuations or initial financing statements in lieu of a
continuation statement in, or other filings necessary to continue, maintain and perfect the Administrative Agent’s (on behalf of itself and the other Secured Parties) security interest in the Receivables and all other Borrower Collateral
pledged to the Administrative Agent (on behalf of itself and the other Secured Parties) pursuant to this Agreement as a first-priority interest. Within five (5) Business Days after the Borrower discovers the existence of any Lien that has been
released but, due to administrative error, has not been terminated of record (or such longer period of time as the Administrative Agent may consent), the Borrower shall (or shall cause the Servicer to) take such action to cause to be executed and/or
delivered, as applicable, such instruments and notices, as are necessary to terminate such Lien of record. The Borrower hereby authorizes the Administrative Agent to file such financing statements under the UCC. The Borrower consents to UCC
financing statements being filed against the Borrower describing the Borrower Collateral as “all assets” or “all personal property” (or any other words of similar effect) of the Borrower. Notwithstanding anything else in the
Transaction Documents to the contrary, none of the Borrower, the Servicer, the Originator or any Seller, shall have any authority to file a termination, partial termination, release, partial release or any amendment that deletes the name of a debtor
or excludes collateral of any such financing statements, without the prior written consent of the Administrative Agent. 

(h)         Maintenance of Independent Manager. 

(i)        The Borrower will (A) maintain at least one
(1) Independent Manager, (B) ensure that the Independent Manager receives reasonable and customary fees and/or other compensation for providing such services and (C) maintain its limited liability company organizational documents in
conformity with this Agreement, such that (1) it does not amend, restate, supplement or otherwise modify its certificate of formation or limited liability agreement in any respect that would impair its ability to comply with the terms or
provisions of this Section 5.1(h), (2) its limited liability company agreement, at all times that this Agreement is in effect, requires the Borrower to provide prior written notice to the Administrative Agent of the replacement or
appointment of any manager that is to serve as an Independent Manager in accordance with clause (ii) below and (3) an Independent Manager is required to serve as a manager of the Borrower at all times. 

(ii)       The Borrower will notify the Administrative Agent in writing of
(A) the decision to appoint a new Person as the “Independent Manager” of the Borrower for purposes of this Agreement, such notice (x) to be issued prior to the effective date of such appointment and

  
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(y) to contain a written certification that the designated Person satisfies the criteria set forth in the definition herein of “Independent Manager,” and (B) the removal of any
Independent Manager of the Borrower, such notice to be issued prior to the appointment of a replacement Independent Manager; provided, that no such appointment shall occur unless the Administrative Agent shall have approved the applicable
appointee (which approval shall not be unreasonably withheld or delayed). 

(iii)      The Borrower will not permit the removal of any Independent Manager,
except (1) for Cause, (2) in the event the Independent Manager ceases to be employed by the service provider which is his or her employer on the date such Independent Manager was first engaged by the Borrower, (3) upon the replacement
of such Independent Manager with a new manager satisfying the requirements set forth in the definition of “Independent Manager” and approved by the Administrative Agent in accordance with subsection (h)(ii) above, or (4) with
the written consent of the Administrative Agent. 

(i)          Performance and Payment of Other
Taxes.  Anything herein to the contrary notwithstanding, the Borrower shall: (i) perform all of its obligations, if any, under the Contracts related to the Receivables to the same extent as if interests in such Receivables
had not been pledged hereunder, and the exercise by the Administrative Agent, the LC Lenders or the Lenders of their respective rights hereunder shall not relieve the Borrower from such obligations, and (ii) pay when due any Other Taxes,
including any sales Taxes payable in connection with the creation, holding or satisfaction Receivables. None of the Administrative Agent, the LC Lenders or the Lenders shall have any obligation or liability with respect to any Receivable, nor shall
any of them be obligated to perform any of the obligations of any Originator, any Seller, the Borrower or the Servicer thereunder. 

(j)          Notice of Additional Mortgages.  The Borrower
shall (and shall cause each applicable Seller and Originator to) (x) provide written notice promptly, and in any event within thirty (30) days, to the Administrative Agent of each additional mortgage or financing statement covering
as-extracted collateral that constitutes, or is expected to constitute, Sold Property, (y) cause to be delivered to the Administrative Agent a letter, in such form as may be approved by the Administrative Agent from time to time), addressed to
the Administrative Agent and duly executed by the related grantee or beneficiary releasing such party’s security interest, Lien or other rights under such Additional Mortgage in the Receivables, Contracts and other Borrower Collateral subject
thereto and (z) file or record (or cause to be filed or recorded) all amendments and/or releases to such Additional Mortgages necessary to release and remove of record any such security interest, Lien or other interest of the related grantee or
beneficiary in the related Receivables, Contracts and other Borrower Collateral, in each case in form and substance satisfactory to the Administrative Agent. In the event that there are any Additional Mortgages existing as of the Closing Date, the
Borrower shall file any amendments and/or releases of the type contemplated by clause (z) of this paragraph within 30 days of the Closing Date. Promptly after reasonable request by the Administrative Agent, the Borrower shall provide
bring-downs of the lien search reports contemplated in Section 3.1(a)(v). 

(k)         Compliance with Credit and Collection
Policies.  The Borrower at all times shall comply (and shall cause the Servicer to comply) in all material respects with the Credit and Collection Policies. 

5.2         Reporting Requirements of the Borrower.  The
Borrower hereby agrees that from and after the Closing Date until the Termination Date, it shall furnish or cause to be furnished to the Administrative Agent and the Lenders: 

  
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 (a)        The financial statements,
notices, reports and other information at the times, to the Persons and in the manner set forth in Annex 5.2(a). The Borrower hereby agrees to calculate or cause the Servicer to calculate the Fixed Charge Coverage Ratio in accordance with
Annex V. 
 (b)        At the same time each Monthly Report or Weekly Report
or other report is required to be delivered pursuant to the terms of subsection (a) of Annex 5.2(a), a completed certificate in the form attached hereto as Exhibit 5.2(b) (each, a “Borrowing Base
Certificate”) (which may be set forth as part of any such report) and each Borrowing Base Certificate shall be prepared by the Borrower or the Servicer as of the last day of the previous month or week, as applicable. Notwithstanding
anything herein or in any other Transaction Document to the contrary, delivery of a properly completed Monthly Report or Weekly Report in accordance with Annex 5.2(a) hereof shall be deemed to satisfy the requirement to deliver a Borrowing Base
Certificate pursuant to the immediately preceding sentence. 

(c)        Notification to the Administrative Agent in writing of any of the
following events promptly upon (but in no event later than three (3) Business Days after) an Authorized Officer or other senior manager supervising the day-to-day management of the transactions contemplated under this Agreement and the other
Transaction Documents having knowledge or receiving notice thereof, with such notice describing the same, and if applicable, the steps being taken by the Person(s) affected with respect thereto: (A) any Person shall obtain an Adverse Claim
(other than a Permitted Encumbrance) upon any Borrower Collateral, (B) any Person other than the Borrower, the Servicer or the Administrative Agent shall obtain any rights or direct any action with respect to any Lockbox (or related lock-box or
post office box) or Account or (C) any Obligor shall receive any change in payment instructions with respect to a Receivable(s) from a Person other than the Servicer or the Administrative Agent. In the event that any Lease Lien is not (or
ceases to be) a Permitted Lease Lien, the Borrower shall notify the Administrative Agent in writing promptly following receipt by an Authorized Officer of the Borrower of notice thereof or an Authorized Officer of the Borrower having knowledge
thereof. 
 (d)        Notification to the Administrative Agent in writing of any
of the following events promptly upon (but in no event later than three (3) Business Days after) an Authorized Officer having knowledge thereof, with such notice describing the same, and if applicable, the steps being taken by the Person(s)
affected with respect thereto: after the filing or receiving thereof, copies of all reports and notices that the Borrower or any ERISA Affiliate files with respect to any Plan pursuant to ERISA with the Internal Revenue Service, the Pension Benefit
Guaranty Corporation or the U.S. Department of Labor or that the Seller or any Affiliate receives from any of the foregoing or from any multiemployer plan (within the meaning of section 4001(a)(3) of ERISA) to which the Borrower or any of its
Affiliates is or was, within the preceding five years, a contributing employer, in each case in respect of any Reportable Event that would, in the aggregate, result in a Material Adverse Effect. 

5.3         Negative Covenants of the Borrower.  The Borrower
covenants and agrees that, without the prior written consent of the Requisite Lenders and the Administrative Agent, from and after the Closing Date until the Termination Date: 

(a)        Sale of Membership Interests and Assets.  The Borrower
shall not sell, transfer, convey, assign, pledge, or otherwise dispose of, or assign any of its properties or other assets or any of its membership interests, or any right to receive income in respect of any of the foregoing, (whether in a public or
a private offering or otherwise), any Receivable or Contract therefor or any of its rights with respect to any Lockbox, Account, Agent Account or any other deposit account in which any Collections of any Receivable are deposited except as expressly
permitted by this Agreement or any of the other Transaction Documents; provided for the avoidance of doubt that the Borrower may make distributions on its membership interest and take all other similar corporate actions as it may deem
necessary or 

  
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appropriate, in each case solely to the extent permitted by this Agreement, the Operating Agreement and applicable law. 

(b)        Liens.  The Borrower shall not create, incur, assume or
permit to exist (i) any Adverse Claim on or with respect to its Receivables or (ii) any Adverse Claim on or with respect to its other properties or assets (whether now owned or hereafter acquired), except in each case for Permitted
Encumbrances and Lease Liens. In addition, the Borrower shall not become a party to any agreement, note, indenture or instrument or take any other action that would prohibit the creation of a Lien on any of its properties or other assets in favor of
the Lenders as additional collateral for the Borrower Obligations, except as otherwise expressly permitted by this Agreement or any of the other Transaction Documents. 

(c)        Modifications of Receivables, Contracts or Credit and Collection
Policies.  Without the prior written consent of the Administrative Agent (which consent shall not be unreasonably withheld or delayed), the Borrower shall not, and shall not permit the Servicer to (i) materially extend, amend,
forgive, discharge, compromise, waive, cancel or otherwise materially modify the terms of any Receivable or materially amend, modify or waive any term or condition of any Contract related to the payment terms (including the manner of payment) in
respect thereof (collectively, the “Applicable Actions”), provided that the Borrower may and may permit the Servicer to take such actions as are expressly permitted by the terms of any Transaction Document and consistent with
the Credit and Collection Policies (it being understood that, after giving effect to any such action described in this subsection (c), any Receivable which constituted an Eligible Receivable prior to such action and no longer constitutes an
Eligible Receivable as a result of such action shall not be an Eligible Receivable for purposes of calculating the Borrowing Base); provided, that no Applicable Action with respect to any Receivable (or Contract with respect thereto) shall be
given effect for purposes of determining whether such Receivable constitutes a “Defaulted Receivable” or for purposes of whether such Receivable meets the criteria set forth in subsection (a) of the definition of
“Delinquency Trigger Ratio” or (ii) amend, modify or waive (or permit to be amended, modified or waived) any term or provision of the Credit and Collection Policies that would reasonably be expected to adversely affect the
collectibility of any Receivable or the enforceability of any related Contract without the prior consent of the Administrative Agent (which consent shall not be unreasonably withheld or delayed). 

(d)        Changes in Instructions to Obligors.  The Borrower shall
not make any change (other than non-substantive changes in format) in its instructions to Obligors regarding the deposit of Collections with respect to the Receivables, except (following the occurrence of an Account Control Event) to the extent the
Administrative Agent directs the Borrower to change such instructions to Obligors or prior to the occurrence of an Account Control Event, the Administrative Agent consents in writing to such change. 

(e)        Capital Structure and Business.  The Borrower shall not
(i) make any changes in any of its business objectives, purposes or operations, (ii) make any change in its capital structure, including the issuance of any membership interests, warrants or other securities convertible into membership
interests or any revision of the terms of its outstanding membership interests, (iii) amend, waive or modify any term or provision of its certificate of formation or limited liability company agreement, (iv) make any change to its name
indicated on the public records of its jurisdiction of organization or (v) change its jurisdiction of organization. The Borrower shall not engage in any business other than as provided in its certificate of formation, limited liability company
agreement and as contemplated by the Transaction Documents. Without limiting the foregoing, the Borrower shall not make an election to be treated as an association taxable as a corporation under Section 301.7701-3(a) of the Treasury Regulations
and shall not issue any additional membership interests or take other actions which would cause the Borrower to cease to be disregarded as an entity separate from its owner for federal income tax purposes. 

  
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 (f)       Mergers, Subsidiaries,
Etc.  The Borrower shall not directly or indirectly, by operation of law or otherwise, (i) form or acquire any Subsidiary, or (ii) merge with, consolidate with, acquire all or substantially all of the assets or capital Stock
of, or otherwise combine with or acquire, any Person. 
 (g)       Sale
Characterization; Receivables Sale Agreement.  The Borrower will not, and will not permit the Originator or any Seller to, account for (other than for tax purposes), or otherwise treat, the transactions contemplated by the Sale
Agreement and the Receivables Sale Agreement in any manner other than with respect to each sale or contribution of each Receivable effected pursuant to the Sale Agreement or the Receivables Sale Agreement as a true sale or true contribution, as
applicable, and absolute assignment of the title to and sole record and beneficial ownership interest of Receivables by each Seller to the Originator, and by such Originator to the Borrower. In addition, the Borrower shall, and shall cause each
Seller and the Originator to, disclose (in a footnote or otherwise) in all of its financial statements (including any such financial statements consolidated with any other Persons’ financial statements) the existence and nature of the
transaction contemplated hereby and by the Sale Agreement and the Receivables Sale Agreement, as applicable, the interest of the Originator (in the case of any Seller’s financial statements), and the interest of the Borrower (in the case of the
Originator’s financial statements). 
 (h)      Restricted
Payments.  The Borrower shall not enter into any lending transaction with any other Person (other than as expressly contemplated by this Agreement). The Borrower shall not at any time (i) advance credit to any Person or
(ii) declare any distributions, repurchase any membership interest, return any capital, or make any other payment or distribution of cash or other property or assets in respect of the Borrower’s membership interest if, after giving effect
to any such advance or distribution, a Funding Excess, Incipient Termination Event or Termination Event would exist or otherwise result therefrom. 

(i)       Debt.  The Borrower shall not create, incur, assume or permit
to exist any Indebtedness of the Borrower, except Indebtedness of the Borrower to any Affected Party, Indemnified Person, the Servicer or any other Person, in each case only to the extent expressly permitted by this Agreement or any other
Transaction Document. 
 (j)       Prohibited Transactions.  The
Borrower shall not enter into, or be a party to, any transaction with any Person except the transactions contemplated (and not prohibited) hereunder or under any other Transaction Document. 

(k)      Investments.  Except as otherwise expressly permitted hereunder or
under the other Transaction Documents, the Borrower shall not make any investment in, or make or accrue loans or advances of money to, any Person, including the member(s) of the Borrower, any director, officer or employee of the Borrower, the Parent
or any of the Parent’s other Subsidiaries, through the direct or indirect lending of money, holding of securities or otherwise, except with respect to Receivables. 

(l)       Commingling.  The Borrower shall not deposit (and shall not
cause to be deposited) any funds that do not constitute Borrower Collateral into any Account (it being understood that collections of Excluded Receivables may be deposited in the Lockbox or the Lockbox Account, but the Servicer shall cause such
collections to be deposited into an account other than an Account on the Business Day such collections of Excluded Receivables are received). Without limiting the foregoing, if funds that are not Borrower Collateral are deposited into an Account,
the Borrower shall, or shall cause the Servicer or direct the applicable Collection Account Bank to, remit no later than two (2) Business Days after receipt thereof any such amounts that are not Collections to another account or Person
designated by the Borrower. 

  
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 (m)        ERISA.  The
Borrower shall not, and shall not, to the extent reasonably within the Borrower’s control, cause or permit any of its ERISA Affiliates to, or cause or permit to occur an event that (i) would reasonably be expected to result in the
imposition of a Lien on any Borrower Collateral under section 412 or 430 of the IRC or section 302, 303 or 4068 of ERISA, or (ii) would reasonably be expected to result in the incurrence by Borrower of any material liabilities (other than
premium payments arising in the ordinary course of business, liabilities arising under section 4041(b) of ERISA, and liabilities that would not, in the aggregate, reasonably be expected to result in a Material Adverse Effect). 

(n)         Transaction Documents.  The Borrower shall not
amend, modify or waive any term or provision of any Transaction Document or, to the extent the Borrower’s consent is required, give its consent to any amendment, modification, or waiver of any term or provision of any Transaction Document,
(x) without the prior written consent of the Administrative Agent and (y) in the case of any material amendment, modification or waiver to the Receivables Sale Agreement or the Servicing Agreement, the prior written consent of the
Requisite Lenders. 
 (o)         Board Policies.  The
Borrower shall not modify the terms of any policy or resolutions of its board of managers if such modification would reasonably be expected to have or result in a Material Adverse Effect. 

(p)         Additional Members of Borrower.  The Borrower shall
not admit any additional member without the prior written consent of the Administrative Agent other than a “Special Member” as such term is defined in the Borrower’s limited liability company agreement as of the date hereof.

 (q)         OFAC.  The Borrower has not used and will not
use the proceeds of any Receivable or any Advance hereunder to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country. 

ARTICLE VI 
 ACCOUNTS

 6.1         Establishment of Accounts. 

(a)         Lockbox and Processing. 

(i)        The Lockbox (as defined in clause (ii) below)
has been assigned to the Borrower and the Borrower shall maintain in its name with a Lockbox with a Lockbox Processor subject, in each case, subject to a fully executed Collection Account Agreement. The Borrower agrees that the Administrative Agent
shall, at all times, have exclusive dominion and control of the Lockbox and all monies, instruments and other property from time to time remitted thereto and the Administrative Agent shall have the exclusive right to direct the Lockbox Processor
with respect thereto (provided that, prior to the occurrence of an Account Control Event, the Administrative Agent has agreed to permit the Lockbox Processor to comply with instructions from the Borrower or the Servicer as to the disposition
of funds in the Lockbox). The Borrower shall not make or cause to be made, or have any ability to make or cause to be made, any withdrawals from the Lockbox or to direct the Lockbox Processor with respect to the Lockbox or the monies, instruments
and other property from time to time remitted thereto except as provided in the immediately preceding sentence. 

  
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 (ii)        The Borrower
(or the Servicer on Borrower’s behalf) shall instruct all Obligors of Receivables, and shall use reasonable efforts to cause all Obligors of Receivables, to make payments in respect thereof only (A) by check or money order mailed to a post
office box in the name of the Borrower (the “Lockbox”) or (B) by wire transfer or moneygram directly to the Lockbox Account. The Borrower (or the Servicer on the Borrower’s behalf) has instructed the Lockbox Processor to
deposit all items sent to the Lockbox directly into the Lockbox Account. The Lockbox Processor shall endorse, to the extent necessary, all checks or other instruments received in the Lockbox so that the same can be deposited in the Lockbox Account
in the form so received (with all necessary endorsements), on or before the second Business Day after the date of receipt thereof. In addition, the Borrower shall, with respect to all cash, checks, money orders or other proceeds of Receivables or
Borrower Collateral received by it other than in the Lockbox, either (i) deposit or cause to be deposited such Collections in the form so received (with all necessary endorsements), into the Lockbox Account or (ii) scan any items of
payment representing Collections for deposit into the Lockbox Account or mail such items of payment to the Lockbox, in either case not later than the close of business on the second Business Day following the date of receipt thereof, and until so
deposited, all such items or other proceeds shall be held in trust for the benefit of the Administrative Agent. The Borrower shall not make, and shall not permit the Servicer to make, any deposits into the Lockbox or an Account except in accordance
with the terms of this Agreement or any other Transaction Document. 

(iii)       If, for any reason, the Collection Account Agreement
terminates or the Lockbox Processor fails to comply with its obligations under the Collection Account Agreement, then the Borrower shall promptly notify all Obligors of Receivables who had previously been instructed to make payments to the Lockbox
maintained by such Lockbox Processor to make all future payments to a new Lockbox in accordance with this Section 6.1(a)(iii). The Borrower shall not close the Lockbox unless it shall have (A) received the prior written consent of
the Administrative Agent, (B) established a new lockbox or post office box through the same Lockbox Processor or with a new lockbox processor satisfactory to the Administrative Agent, (C) entered into an agreement covering such new lockbox
or post office box and processing services with such Lockbox Processor or with such new lockbox processor substantially in the form of the predecessor Lockbox Control Agreement or a form that is satisfactory in all respects to the Administrative
Agent (whereupon, for all purposes of this Agreement and the other Transaction Documents, such new lockbox or post office box shall become a Lockbox, such new agreement shall become a Lockbox Control Agreement and any new lockbox processor shall
become a Lockbox Processor), and (D) taken all such action as the Administrative Agent shall reasonably require to perfect a first priority security interest in such new Lockbox in favor of the Administrative Agent under Section 7.1
of this Agreement. Except as permitted by this Section 6.1(a), the Borrower shall not, and shall not permit the Servicer to, open any new Lockbox without the prior written consent of the Administrative Agent. 

(iv)       The Borrower (or the Servicer on Borrower’s behalf) shall
cause the Lockbox Processor on each Business Day to process all funds and items of payment received in each Lockbox to be automatically deposited in or credited to the Lockbox Account. If an Account Control Event has occurred, the Administrative
Agent may instruct the Lockbox Processor, on each Business Day, to automatically deposit or credit all funds processed and items of payment received in the Lockbox to the Agent Account or any other account designated by the Administrative Agent.

 (b)         Accounts. 

  
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 (i)        The Borrower
has caused the Accounts to be subject to a fully executed Collection Account Agreement. The Borrower agrees that prior to the provision of notice by the Administrative Agent shall, at all times, have exclusive dominion and control of each Account
(and all monies, instruments and other property from time to time on deposit therein) in such Person’s capacity as Administrative Agent on behalf of the Secured Parties; provided that, prior to the occurrence of an Account Control Event,
the Administrative Agent has agreed to permit the Account Bank to comply with instructions from the Borrower or the Servicer as to the disposition of funds in the Accounts. 

(ii)       If an Account Control Event has occurred, the Administrative
Agent may instruct any Collection Account Bank to, on a daily basis, automatically transfer all collected and available funds on deposit in the related Account to the Agent Account or any other account designated by the Administrative Agent. 

(iii)      If, for any reason, the Collection Account Agreement relating to an
Account terminates or the Collection Account Bank fails to comply with its obligations under such Collection Account Agreement, then the Borrower shall promptly notify the Administrative Agent thereof and the Borrower, the Servicer or the
Administrative Agent, as the case may be, shall instruct all Obligors who had previously been instructed to make wire payments to the Lockbox Account maintained at any such Collection Account Bank to make all future payments to a new Account in
accordance with this Section 6.1(b)(iii). The Borrower shall not close any Account unless it shall have (A) received the prior written consent of the Administrative Agent, (B) established a new account with the same Collection
Account Bank or with a new depositary institution satisfactory to the Administrative Agent, (C) entered into an agreement covering such new account with such Collection Account Bank or with such new depositary institution substantially in the
form of the Collection Account Agreement or that is satisfactory in all respects to the Administrative Agent (whereupon, for all purposes of this Agreement and the other Transaction Documents, such new account shall become an Account, such new
agreement shall become a Collection Account Agreement and any new depositary institution shall become the Collection Account Bank), and (D) taken all such action as the Administrative Agent shall reasonably require to perfect its first priority
security interest in such new Account under Section 7.1 of this Agreement. Except as permitted by this Section 6.1(b), the Borrower shall not, and shall not permit the Servicer to open a new Account without the prior written
consent of the Administrative Agent and the Borrower having entered into an agreement covering such new account with the Collection Account Bank or with a new depositary institution substantially in the form of the Collection Account Agreement or
that is satisfactory in all respects to the Administrative Agent (whereupon, for all purposes of this Agreement and the other Transaction Documents, such new account shall become an Account, such new agreement shall become a Collection Account
Agreement and any new depositary institution shall become the Collection Account Bank). 

(iv)      The Administrative Agent hereby agrees that until such time as it
exercises its right to take control of any Account under Section 7.5(d), the related Collection Account Bank shall be entitled to follow the instructions of the Borrower, or the Servicer on behalf of the Borrower, with respect to the
withdrawal, transfer or payment of funds on deposit in such Account. The parties hereto acknowledge that if any time Administrative Agent takes control of any Account, the Administrative Agent shall pay or cause to be paid such funds in accordance
with Section 2.8. 
 (c)         Agent Account. 

  
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 (i)        The
Administrative Agent may maintain the Agent Account with Deutsche Bank Trust Company Americas (the “Depositary”). The Agent Account shall be registered in the name of the Administrative Agent and the Administrative Agent shall,
subject to the terms of this Agreement, have exclusive dominion and control thereof and of all monies, instruments and other property from time to time on deposit therein. 

(ii)       The Lenders and the Administrative Agent may deposit into the
Agent Account from time to time all monies, instruments and other property received by any of them as proceeds of the Receivables. 

(iii)      If, for any reason, the Depositary wishes to resign as depositary of
the Agent Account or fails to carry out the instructions of the Administrative Agent, then the Administrative Agent shall promptly notify the Lenders. Neither the Lenders nor the Administrative Agent shall close the Agent Account unless a new
deposit account has been established with a new depositary institution whereupon such new account shall become the Agent Account and such new depositary institution shall become the Depositary for all purposes of this Agreement and the other
Transaction Documents. 
 (d)         LC Collateral Account. 

(i)        Within 30 Business Days of the Closing Date, the Borrower
shall (x) establish an LC Collateral Account with the Depositary, an Affiliate of Webster Business Credit Corporation or with another financial institution acceptable to the Administrative Agent (the “LC Collateral Account
Bank”) and (y) cause an agreement to be entered into with respect to the LC Collateral Account among the Borrower, the Administrative Agent and the LC Collateral Account Bank that provides, among other things, that the LC Collateral
Bank shall solely (and at all times) follow the instructions of the Administrative Agent with respect to such LC Collateral Account (including with respect to the disposition of funds therein) and that the Administrative Agent has
“control” (within the meaning of Section 9-104 of the UCC) of such LC Collateral Account and is otherwise in form and substance acceptable to the Administrative Agent ((x) and (y) together, the “LC Account Initial
Establishment”), provided that notwithstanding anything to the contrary herein, the form of agreement described in this sentence must be in form and substance satisfactory to the LC Collateral Account Bank in its sole reasonable discretion.
The Administrative Agent agrees to reasonably cooperate with the Borrower in the establishment of such LC Collateral Account. Notwithstanding anything to the contrary herein, only the Administrative Agent shall have the right to withdraw amounts
from the LC Collateral Account. The Borrower shall not make or cause to be made, or have any ability to make or cause to be made, any withdrawals from any LC Collateral Account or to direct the LC Collateral Bank with respect to the LC Collateral
Account or the monies, instruments and other property from time to time remitted thereto. In the event that any funds are required to be deposited in the LC Collateral Account pursuant to the terms of this Agreement before the LC Account Initial
Establishment has occurred, such funds shall be deposited in the Agent Account (and such amounts shall be deemed to have been deposited in the LC Collateral Account for purposes of this Agreement) and, upon the occurrence of the LC Account
Establishment, the Administrative Agent shall deposit such funds in the LC Collateral Account. 

(ii)       The Lenders and the Administrative Agent may deposit into the
LC Collateral Account all amounts as contemplated herein. 
 (iii)      If,
for any reason, the LC Collateral Account Bank wishes to resign as depositary of the LC Collateral Account or fails to carry out the instructions of the Administrative 

  
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Agent, then the Administrative Agent shall promptly notify the Lenders. Neither the Lenders nor the Administrative Agent shall close the LC Collateral Account unless a new deposit account has
been established with a new depositary institution whereupon such new account shall become the LC Collateral Account. 
 ARTICLE VII

 GRANT OF SECURITY INTERESTS 

7.1         Borrower’s Grant of Security Interest.  To
secure the prompt and complete payment, performance and observance of all Borrower Obligations, and to induce the Administrative Agent, the LC Lenders and the Lenders to enter into this Agreement and perform the obligations required to be performed
by them hereunder in accordance with the terms and conditions hereof, the Borrower hereby grants, assigns, conveys, pledges, hypothecates and transfers to the Administrative Agent, for the benefit of the Secured Parties, a Lien upon and security
interest in all of the Borrower’s assets, including its right, title and interest in, to and under, but none of its obligations arising from, the following property, whether now owned by or owing to, or hereafter acquired by or arising in favor
of, the Borrower, and regardless of where located (all of which being hereinafter collectively referred to as the “Borrower Collateral”): 

(a)         all Receivables; 

(b)         the Receivables Sale Agreement, the Support Agreement, the Servicing
Agreement, all Account Agreements and all other Transaction Documents now or hereafter in effect relating to the purchase, servicing, processing or collection of Receivables (collectively, the “Borrower Assigned Agreements”),
including (i) all rights of the Borrower to receive moneys due and to become due thereunder or pursuant thereto, (ii) all rights of the Borrower to receive proceeds of any insurance, indemnity, warranty or guaranty with respect thereto,
(iii) all claims of the Borrower for damages or breach with respect thereto or for default thereunder and (iv) the right of the Borrower to amend, waive or terminate the same and to perform and to compel performance and otherwise exercise
all remedies thereunder; 
 (c)         all of the following (collectively,
the “Borrower Account Collateral”): 

(i)         the Accounts, the Lockbox, and all funds or items of
payment remitted to or on deposit therein and all certificates and instruments, if any, from time to time representing or evidencing the Accounts, the Lockbox or such funds or items of payment; 

(ii)        all notes, certificates of deposit and other instruments
from time to time delivered to or otherwise possessed by any Lender or any assignee or agent on behalf of any Lender in substitution for or in addition to any of the then existing Borrower Account Collateral; 

(iii)       all Cash Collateral and all certificates and instruments
representing Cash Collateral; and 
 (iv)       all interest, dividends,
cash, instruments, investment property and other property from time to time received, receivable or otherwise distributed with respect to or in exchange for any and all of the then existing Borrower Account Collateral; 

(d)         all other property relating to the Receivables that may from time to
time hereafter be granted and pledged by the Borrower or by any Person on its behalf whether under this Agreement or 

  
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otherwise, including any deposit with any Lender or the Administrative Agent of additional funds by the Borrower; 

(e)       any other Transferred Property acquired by the Borrower under the Receivables
Sale Agreement; 
 (f)       all other personal property (other than the Excluded
Contract Rights) of the Borrower of every kind and nature not described above including without limitation all goods (including inventory, equipment and any accessions thereto), instruments (including promissory notes), documents, accounts, chattel
paper (whether tangible or electronic), deposit accounts, letter-of-credit rights, securities and all other investment property, supporting obligations, any other contract rights or rights to the payment of money, insurance claims and proceeds, and
all general intangibles (including all payment intangibles); and 
 (g)       to the
extent not otherwise included, all proceeds and products of the foregoing and all accessions to, substitutions and replacements for, and profits of, each of the foregoing Borrower Collateral (including proceeds that constitute property of the types
described in Sections 7.1(a) through (f)). 

7.2         Borrower’s Agreements.  Without limiting
Section 7.1, the Borrower hereby (a) assigns, transfer and conveys the benefits of the representations, warranties, covenants and agreements of (i) the Originator made to the Borrower under the Receivables Sale Agreement,
(ii) the Parent made under the Support Agreement, (iii) the Servicer to the Borrower under the Servicing Agreement and (iv) the Sellers made to the Originator under the Sale Agreement, in each case to the Administrative Agent for the
benefit of the Secured Parties hereunder, and (b) acknowledges and agrees that the rights and remedies of the Borrower under the Receivables Sale Agreement and each other Transaction Document (including any such rights assigned to the Borrower)
may be enforced by the Lenders and the Administrative Agent in accordance with this Agreement and the other Transaction Documents. 

7.3         Delivery of Collateral.  All certificates or
instruments representing or evidencing all or any portion of the Borrower Collateral shall be delivered to and held by the Servicer for the benefit of the Administrative Agent (on behalf of the Secured Parties) and shall be in suitable form for
transfer by delivery or shall be accompanied by any necessary duly executed instruments of transfer or assignment in blank, as appropriate, all in form and substance reasonably satisfactory to the Administrative Agent. The Administrative Agent shall
have the right at any time in its discretion following the occurrence and during the continuation of a Termination Event to (i) without notice to the Borrower, transfer to or to register in the name of the Administrative Agent or its nominee
any or all of the Borrower Collateral and/or (ii) direct the Servicer or Borrower to (and the Servicer or Borrower shall) deliver any such certificates or instruments to the Administrative Agent (or any agent or representative designated by the
Administrative Agent) as directed by the Administrative Agent. 

7.4         Borrower Remains Liable.  It is expressly agreed by
the Borrower that, anything herein to the contrary notwithstanding, the Borrower shall remain liable under any and all of the Receivables, the Contracts therefor, the Borrower Assigned Agreements and any other agreements constituting the Borrower
Collateral to which it is a party to observe and perform all the conditions and obligations to be observed and performed by it thereunder. The Lenders, the LC Lenders and the Administrative Agent shall not have any obligation or liability under any
such Receivables, Contracts, other Receivables or agreements by reason of or arising out of this Agreement or the granting herein or therein of a Lien thereon or the receipt by the Administrative Agent or the Lenders of any payment relating thereto
pursuant hereto or thereto. The exercise by any Lender, any LC Lender or the Administrative Agent of any of its respective rights under this Agreement shall not release the Parent, the Originator, any Seller,

  
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the Borrower or the Servicer from any of their respective duties or obligations under any such Receivables, Contracts or agreements. None of the Lenders or the Administrative Agent shall be
required or obligated in any manner to perform or fulfill any of the obligations of the Originator, the Parent, any Seller, the Borrower or the Servicer under or pursuant to any such Receivable, Contract, other Receivable or agreement, or to make
any payment, or to make any inquiry as to the nature or the sufficiency of any payment received by it or the sufficiency of any performance by any party under any such Receivable, Receivable, Contract or agreement, or to present or file any claims,
or to take any action to collect or enforce any performance or the payment of any amounts that may have been assigned to it or to which it may be entitled at any time or times. 

7.5         Covenants of the Borrower Regarding the Borrower Collateral.

 (a)        Offices and Records.  The Borrower shall maintain
its chief executive office at the location specified in Schedule 4.1(b) or, upon thirty (30) days’ prior written notice to the Administrative Agent, at such other location in a jurisdiction where all action requested by the
Administrative Agent pursuant to Section 12.13 shall have been taken with respect to the Borrower Collateral. The Borrower shall, and shall cause the Servicer to at its own cost and expense, maintain adequate and complete records of the
Receivables and the Borrower Collateral, including records of any and all payments received and credits granted and coal products returned with respect thereto and all other dealings therewith. The Borrower shall, and shall cause the Servicer to, by
no later than the Closing Date, mark its books and records (including computer records) and credit files pertaining to the Borrower Collateral, and its file cabinets or other storage facilities where it maintains information pertaining thereto, with
a legend or other notation clearly indicating that the Transferred Receivables and Related Rights have been transferred to the Borrower, and that the Administrative Agent, for the benefit of the Secured Parties, has a security interest and lien
thereon. Upon the occurrence and during the continuance of a Termination Event, the Borrower shall, and shall cause the Servicer to, deliver and turn over any books and records to the Administrative Agent or its representatives at any time on demand
of the Administrative Agent as more specifically set forth in Section 7.5(b). The Borrower shall, and shall cause the Servicer to, permit any representative of the Administrative Agent to inspect any books and records and audit and make
extracts thereof as more specifically set forth in Section 7.5(b). 

(b)        Access.  The Borrower shall, and shall cause the
Servicer, the Originator, the Sellers and the Parent to, at its own expense (provided that the Borrower shall only be required to pay for such visits and inspections of the various properties of the Servicer and the Borrower once per calendar
year (or twice per calendar year in 2015 or if an Account Control Event has occurred) or, during the continuance of a Termination Event, as frequently as such visits and inspections may occur), during normal business hours, from time to time upon
two Business Days’ prior notice, as frequently as the Administrative Agent determines appropriate: (i) provide the Administrative Agent and any of their respective officers, employees and agents access to its properties (excluding mines,
but including properties utilized in connection with the collection, processing or servicing of the Receivables), facilities, advisors and employees (including officers) and to the Borrower Collateral, (ii) permit the Administrative Agent and
any of their respective officers, employees and agents to inspect, audit and make extracts from its books and records, including all Records, (iii) permit the Administrative Agent and its officers, employees and agents to inspect, review and
evaluate the Receivables and the Borrower Collateral and (iv) permit the Administrative Agent and its officers, employees and agents to discuss matters relating to the Receivables or its performance under this Agreement or the other Transaction
Documents or its affairs, finances and accounts with any of its officers, directors, employees, representatives or agents (in each case, with those persons having knowledge of such matters) and with its independent certified public accountants;
provided, that, in the event of any discussions between the Administrative Agent and officers, directors, employees, representatives or agents or independent certified public accountants, the Administrative Agent shall provide no less than
two (2) Business Days’ prior written prior notice of any 

  
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such discussions to the Borrower and the Servicer, and the Borrower, the Servicer, the Originator, the Sellers and/or the Parent shall have a reasonable opportunity to have representatives
present during such discussions. If a Termination Event shall have occurred and be continuing, then the Borrower shall, and shall cause the Servicer to, at its own expense, provide such access at all times without prior notice from the
Administrative Agent and provide the Administrative Agent with access to the suppliers and customers of the Sellers and the Servicer. The Borrower shall, and shall cause the Servicer to, deliver any document or instrument necessary for the
Administrative Agent, as the Administrative Agent may from time to time request, to obtain records from any service bureau or other Person that maintains records for the Borrower or the Servicer, and, following such request and receipt of response
thereto from such service bureau or other Person, shall maintain duplicate records or supporting documentation on media, including computer tapes and discs owned by the Borrower or the Servicer. Notwithstanding the foregoing provisions, the
Administrative Agent hereby acknowledges and agrees that all communication and information requests hereunder shall be subject to requirements of confidentiality to which the Borrower, any Seller or the Servicer (or any Affiliate to which the
requested communication or information may pertain) may be bound as determined by the Borrower, such Seller or the Servicer or such Affiliate, as the case may be, in its sole discretion, including requirements imposed by law or contract. 

(c)         Communication with Accountants.  The Borrower
hereby authorizes (and shall cause the Servicer, the Parent, the Sellers and the Originator to authorize) the Administrative Agent to communicate directly with its and their independent certified public accountants and authorizes and shall instruct
those accountants and advisors to disclose and make available to the Administrative Agent any and all financial statements and other supporting financial documents, schedules and information relating to the Borrower, the Servicer, the Parent, the
Sellers or the Originator (including copies of any issued management letters) and to discuss matters with respect to its business, financial condition and other affairs; provided, that, in the event of any discussions between the
Administrative Agent and such independent certified public accountants, the Administrative Agent shall provide no less than two (2) Business Days’ prior written notice of any such discussions to the Borrower and the Servicer, and the
Borrower, the Servicer, the Parent, the Sellers and/or the Originator shall have a reasonable opportunity to have representatives present during such discussions. Notwithstanding the foregoing provisions, all communications with independent
certified public accountants hereunder shall be subject to reasonable requirements of confidentiality, including requirements imposed by law or contract. 

(d)         Collection of Receivables. 

(i)        In connection with the collection of amounts due or to
become due to the Borrower under the Receivables, the Borrower Assigned Agreements and any other Borrower Collateral, the Borrower shall, or shall cause the Servicer to, take such action as it may deem necessary or desirable to enforce collection of
the Receivables in a manner consistent with the Credit and Collection Policies, and from and after the occurrence and during the continuance of a Termination Event, the Borrower shall, or shall cause the Servicer to, take such action as the
Administrative Agent, may deem necessary or desirable to enforce collection of the Receivables, the Borrower Assigned Agreements and the other Borrower Collateral; provided, that if a Termination Event shall have occurred and be continuing,
the Administrative Agent may (and shall, at the direction of the Requisite Lenders or the Required Remedies Lenders) enforce collection of any such Receivable or the Borrower Assigned Agreements and adjust, settle or compromise the amount or payment
thereof. 
 (ii)       If an Account Control Event shall have occurred,
then (x) the Administrative Agent may (and shall, at the direction of the Requisite Lenders or the Required Remedies Lenders), without prior notice to any Seller, the Borrower, the Parent, the Originator or

  
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the Servicer, exercise its right to take exclusive control of the Lockbox and the Accounts in accordance with the terms of the applicable Lockbox Agreements and/or Collection Account Agreements
(in which case, if requested by the Administrative Agent, the Servicer shall be required, pursuant to the Servicing Agreement, to deposit any Collections it then has in its possession or at any time thereafter receives, immediately in the Specified
Account or (y) the Borrower shall, at the written direction of the Administrative Agent, instruct each of the Lockbox Processors and/or Collection Account Banks to transfer on a daily basis all Collections on deposit in each Lockbox and/or
Account to the Specified Account. If any Termination Event shall have occurred, then the Administrative Agent may notify any Obligor under any Receivable or obligors under the Borrower Assigned Agreements of the pledge of such Receivables or
Borrower Assigned Agreements, as the case may be, to the Administrative Agent on behalf of the Secured Parties hereunder and direct that payments of all amounts due or to become due to the Borrower thereunder be made directly to the Lockbox Account
or Lockbox or to another account or lockbox designated by the Administrative Agent and, upon such notification and at the sole cost and expense of the Borrower, the Administrative Agent may enforce collection of any such Receivable or the Borrower
Assigned Agreements and adjust, settle or compromise the amount or payment thereof. The Administrative Agent shall provide prompt notice to the Borrower and the Servicer of any such notification of pledge or direction of payment to the Obligors
under any Receivables. 
 (e)       Performance of Borrower Assigned
Agreements.  The Borrower shall, and shall cause the Servicer, each Originator, the Parent and each Seller to, (i) perform and observe all the terms and provisions of the Borrower Assigned Agreements to be performed or observed by
it, maintain the Borrower Assigned Agreements in full force and effect, enforce the Borrower Assigned Agreements in accordance with their terms and take all action as may from time to time be requested by the Administrative Agent in order to
accomplish the foregoing, and (ii) upon the request of and as directed by the Administrative Agent, make such demands and requests to any other party to the Borrower Assigned Agreements as are permitted to be made by the Borrower or the
Servicer thereunder. 
 (f)        License for Use of
Software.  Unless expressly prohibited by the licensor thereof or any provision of applicable law, if any, the Borrower hereby grants (and shall cause the Servicer to grant) to the Administrative Agent on behalf of the Lenders a
limited license or permission, as applicable, to use, without charge and without violating any applicable contract or agreement or applicable law, the Borrower’s and the Servicer’s computer programs, software, printouts and other computer
materials, technical knowledge or processes, data bases, materials, or any property of a similar nature, as it pertains to the Borrower Collateral, or any rights to any of the foregoing, only as reasonably required in connection with the collection
of the Receivables and the advertising for sale, and selling any of the Borrower Collateral, or exercising of any other remedies hereto, and the Borrower agrees that its rights under all licenses shall inure to the Administrative Agent’s
benefit (on behalf of itself and the Secured Parties) for purposes of the license or permission granted herein. Except upon the occurrence and during the continuation of a Termination Event, the Administrative Agent agrees not to use any such
license or permission without the prior written consent of the Servicer. 
 ARTICLE VIII 

TERMINATION EVENTS 

8.1         Termination Events.  Each of the following shall
constitute a “Termination Event”: 
 (a)       a Funding Excess shall
occur and continue for two Business Days; 

  
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 (b)        the Borrower shall fail to
make (i) any payment with respect to the outstanding principal balance of any Advance when due and payable or (ii) any payment of any interest in respect of applicable Advances and Fees, in each case when due and payable, and the same
shall remain unremedied for two (2) Business Days or more; or 

(c)        (i) the Borrower shall fail or neglect to perform, keep or observe any
requirement or covenant set forth in Sections 5.1(b), 5.2(a) or 5.2(b) of this Agreement, (ii) (A) the Borrower shall fail or neglect, to perform, keep or observe any requirement or covenant set forth in Sections
5.1(c), 5.2(c), 5.2(d) or 5.3 of this Agreement or (B) the Parent, Originator or any Seller shall fail or neglect to perform, keep or observe any similar requirement or covenant in any Transaction Document to which it
is a party, and in either case the same shall remain unremedied for two (2) Business Days after the date specified for performance of any such requirement or (iii) the Borrower, Parent, the Originator or any Seller shall fail or neglect to
perform, keep or observe any other covenant or other provision of any Transaction Documents to which it is a party (other than any provision embodied in or covered by any other clause of this Section 8.1) and the same shall remain
unremedied for ten (10) Business Days or more following the earlier to occur of an Authorized Officer of such Person becoming aware of such failure or neglect and such Person’s receipt of written notice thereof; 

(d)        (i) a Seller, the Originator, the Borrower, the Servicer or the Parent
shall fail to make any payment with respect to any of its Indebtedness which, except with respect to the Borrower, is in an aggregate principal amount in excess of $25,000,000 when due, and the same shall remain unremedied after any applicable grace
period with respect thereto; or (ii) a default or breach or other occurrence shall occur under any agreement, document or instrument to which the Originator, a Seller, the Borrower, the Servicer or the Parent is a party or by which it or its
property is bound (other than a Transaction Document) which relates to Indebtedness which, except with respect to the Borrower, is in an aggregate principal amount in excess of $25,000,000, and the effect of such default, breach or occurrence is to
cause or to permit the holder or holders then to cause such Indebtedness to become or be declared due prior to its stated or scheduled maturity; provided that this subsection (d)(ii) shall not apply to secured Indebtedness that becomes
due as a result of the voluntary sale or transfer of the assets securing such Indebtedness if such sale or transfer is permitted (and would not result in a breach or default) under the documents providing for such Indebtedness; 

(e)        an involuntary case or proceeding shall have been commenced against the
Borrower, one or more Sellers that constitute a Significant Seller Group, the Servicer, the Originator or the Parent seeking a decree or order in respect of any such Person under the Bankruptcy Code or any other applicable federal, state or foreign
bankruptcy or other similar law, (i) appointing a custodian, receiver, liquidator, assignee, trustee or sequestrator (or similar official) for any such Person or for any substantial part of such Person’s assets, or (ii) ordering the
winding up or liquidation of the affairs of any such Person, and, so long as the Borrower is not a debtor in any such case or proceedings, such case or proceeding continues for sixty (60) days unless dismissed or discharged; provided,
however, that such sixty (60) day period shall be deemed expired immediately if (x) a decree or order is entered by a court of competent jurisdiction with respect to a case or proceeding described in this subsection
(e) or (y) any of the events described in Section 8.1(f) shall have occurred; or 

(f)        the Borrower, the Originator, one or more Sellers that constitute a
Significant Seller Group, the Servicer or the Parent shall (i) file a petition seeking relief under the Bankruptcy Code or any other applicable federal, state or foreign bankruptcy or other similar law, (ii) consent or fail to object in a
timely and appropriate manner to the institution of any proceedings under the Bankruptcy Code or any other applicable federal, state or foreign bankruptcy or similar law or to the filing of any petition thereunder or to the appointment of or taking
possession by a custodian, receiver, liquidator, assignee, trustee or sequestrator (or similar official) for any such Person or for any substantial part of such 

  
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Person’s assets, (iii) make a general assignment for the benefit of creditors, or (iv) take any corporate or limited liability company action in furtherance of any of the
foregoing; or 
 (g)        the Originator, one or more Sellers that constitute a
Significant Seller Group, the Borrower, the Parent or the Servicer generally does not pay its debts as such debts become due or admits in writing its inability to, or is generally unable to, pay its debts as such debts become due; or 

(h)        a final judgment or judgments for the payment of money in excess of
$25,000,000 in the aggregate (net of insurance proceeds) at any time outstanding shall be rendered against the Originator, any Seller, the Servicer or the Parent or any of the Parent’s other subsidiaries and either (i) enforcement
proceedings shall have been commenced upon any such judgment or (ii) such judgment or judgments shall not have been discharged or stayed or bonded pending appeal within 30 days after the entry of such judgment or judgments, or if stayed shall
not have been discharged prior to the expiration of such stay; or 

(i)         a final judgment or judgments for the payment of money shall be
rendered against the Borrower; or 
 (j)         (i) any information contained
in any Borrowing Base Certificate, Letter of Credit Application or any Borrowing Request (or any representation or deemed representation made in connection therewith) is untrue or incorrect in any respect (other than, in the case of any such
information contained in a Borrowing Base Certificate, any Immaterial Misstatement), or (ii) any representation or warranty of the Originator, any Seller, the Servicer, the Parent or the Borrower herein or in any other Transaction Document or
in any written statement, report, financial statement or certificate (other than a Borrowing Base Certificate, Letter of Credit Application or any Borrowing Request) made or delivered by or on behalf of such Seller, Originator, the Servicer, the
Parent or the Borrower to any Affected Party hereto or thereto is untrue or incorrect in any material respect as of the date when made or deemed made (it being understood that such materiality threshold shall not be applicable with respect to any
clause of any representation or warranty which itself contains a materiality qualification); or 

(k)        any Governmental Authority (including the IRS or the PBGC) shall file
notice of a Lien (A) with regard to any assets of any Seller, the Originator, the Borrower or the Parent (other than a Lien (i) limited by its terms to assets other than Receivables and (ii) that would not either individually or in
the aggregate with any other Liens of any Governmental Authority reasonably be expected to result in a Material Adverse Effect) or (B) with regard to the assets of the Borrower; or 

(l)         since December 31, 2013, there shall have occurred any events,
circumstances, developments or other changes in facts that, individually or in the aggregate, have had a Material Adverse Effect that is continuing; provided, that, (i) regulatory developments that have been publicly disclosed on or
prior to the Closing Date and that affect or could reasonably be expected to affect the coal industry generally and (ii) other events or conditions occurring prior to the Closing Date that are particular to the coal industry (including but not
limited to coal pricing) and are generally known to lenders lending to coal industry participants, in each case shall not be taken into account for purposes of determining whether a “Material Adverse Effect” has occurred or is continuing
pursuant to clause (a) of the definition thereof; or 
 (m)       an Event
of Servicer Termination shall have occurred; or 
 (n)        (A) the Borrower
shall cease to hold valid and properly perfected title to and sole legal, record and beneficial ownership in any Receivables or any other Borrower Collateral or (B) the Administrative Agent (on behalf of the Secured Parties) shall cease to hold
a first priority, perfected security interest in any Receivables or any of the Borrower Collateral (other than with respect to the 

  
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circumstances described in clause (A) and clause (B) above, (w) as a result of security interests of third parties that have been released but, due to administrative error, have
not been terminated of record, (x) as a result of any release of Borrower Collateral expressly permitted by this Agreement, (y) as a result of Liens being contested in good faith as to which the Administrative Agent has been notified in
writing and established a reserve satisfactory to the Administrative Agent in its sole and absolute discretion after consultation with the Borrower, or (z) as a result of Liens created pursuant to any Transaction Document) and, in relation to
the circumstances described in clause (A) or clause (B) above, with respect to Receivables or other Borrower Collateral comprising 1% or less of the Borrowing Base, such circumstances shall exist and remain unremedied for five
(5) Business Days following their occurrence; or 
 (o)        a Change of
Control shall occur; or 
 (p)        the Borrower shall amend its certificate of
formation or limited liability company agreement (other than as permitted by this Agreement); or 

(q)        the Receivables Sale Agreement shall for any reason cease to evidence the
transfer to the Borrower of the legal and equitable title to, and ownership of, the Receivables; or 

(r)         the Sale Agreement shall for any reason cease to evidence the
transfer to the Originator of the legal and equitable title to, and ownership of, the Receivables sold thereunder; or 

(s)        (i) the Defaulted Receivable Trigger Ratio shall exceed 4.0%;
(ii) the Delinquency Trigger Ratio shall exceed 4.0%; (iii) the Dilution Trigger Ratio shall exceed 5.0%; or (iv) the Turnover Days shall exceed 35 days; or 

(t)         any material provision of any Transaction Document shall for any
reason cease to be valid, binding and enforceable in accordance with its terms (or the Originator, the Servicer, any Seller, the Parent or the Borrower shall challenge the enforceability of any Transaction Document or shall assert in writing, or
engage in any action or inaction based on any such assertion, that any provision of any of the Transaction Documents has ceased to be or otherwise is not valid, binding and enforceable in accordance with its terms); provided that the
expiration or termination of any Letter of Credit by its terms (other than as a result of any default or similar event thereunder) shall not constitute a Termination Event; or 

(u)        except as otherwise expressly permitted herein or therein, any Transaction
Document shall have been modified, amended or terminated without the prior written consent of the Administrative Agent and, to the extent required hereunder, the applicable Lenders; 

(v)        on any day, (i) the Funding Availability Adjusted Amount is less than
15% of the Maximum Revolving Commitment Amount as of such day and such condition continues beyond the next Business Day and (ii), the Fixed Charge Coverage Ratio of the Parent and its Subsidiaries, determined as of the last day of the most recently
ended fiscal quarter of the Parent (it being understood that such fiscal quarter and the three prior fiscal quarters shall be the period with respect to which the Fixed Charge Coverage Ratio is determined), shall be less than 1.0x; 

(w)       The occurrence of an Account Control Event described in  clause (ii)
of the definition thereof; 
 (x)        the occurrence of any Reportable Event
with respect to any Plan, to the extent such occurrence would reasonably be expected to result in a Material Adverse Effect; or 

  
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 (y)        the Borrower shall have
received an Election Notice pursuant to Section 2.1(d) of the Receivables Sale Agreement. 
 then, and in any
such event, the Administrative Agent may, and shall, at the request of the Requisite Lenders, by written notice to the Borrower, declare the Facility Maturity Date to have occurred without demand, protest or further notice of any kind, all of which
are hereby expressly waived by the Borrower; provided, that the Facility Maturity Date shall automatically occur upon the occurrence of any of the Termination Events described in Sections 8.1(e) or (f), in each case without demand,
protest or any notice of any kind, all of which are hereby expressly waived by the Borrower. Upon the occurrence of the Facility Maturity Date, all Borrower Obligations outstanding (or that become outstanding), if any, shall automatically be and
become due and payable in full, without any action to be taken on the part of any Person. In addition, if any Event of Servicer Termination shall have occurred, then, the Administrative Agent may, and shall, at the request of the Requisite Lenders,
by delivery of a Servicer Termination Notice to the Borrower and the Servicer, terminate the servicing responsibilities of the Servicer under the Servicing Agreement in accordance with the terms thereof. 

ARTICLE IX 
 REMEDIES

 9.1         Actions Upon a Termination Event.  If any
Termination Event shall have occurred and be continuing, then, the Administrative Agent may exercise in respect of the Borrower Collateral, in addition to any and all other rights and remedies granted to it hereunder, under any other Transaction
Document or any other instrument or agreement securing, evidencing or relating to the Borrower Obligations or otherwise available to it, all of the rights and remedies of a secured party upon default under the UCC (such rights to be cumulative and
nonexclusive) and, in addition, may take the following actions: 
 (a)        The
Administrative Agent may, without notice to the Borrower except as required by law and at any time or from time to time (i) charge, offset or otherwise apply amounts payable to the Borrower from the Agent Account or the Accounts against all or
any part of the Borrower Obligations and (ii) without limiting the terms of Section 7.5(d), notify any Obligor under any Receivable or obligors under the Borrower Assigned Agreements of the transfer of the Receivables to the
Borrower and the assignment of such Receivables or Borrower Assigned Agreements, as the case may be, to the Administrative Agent on behalf of Secured Parties hereunder and direct that payments of all amounts due or to become due to the Borrower
thereunder be made directly to the Administrative Agent or any servicer, collection agent or lockbox or other account designated by the Administrative Agent. 

(b)        The Administrative Agent may, without notice except as specified below,
solicit and accept bids for and sell the Borrower Collateral or any part thereof in one or more parcels at public or private sale, at any exchange, broker’s board or any of the Lenders’ or Administrative Agent’s offices or elsewhere,
for cash, on credit or for future delivery, and upon such other terms as are commercially reasonable. The Administrative Agent shall have the right to conduct such sales on the Borrower’s premises or elsewhere and shall have the right to use
any of the Borrower’s premises without charge for such sales at such time or times as the Administrative Agent deems necessary or advisable. The Borrower agrees that, to the extent notice of sale shall be required by law, ten
(10) days’ prior written notice to the Borrower of the time and place of any public sale or the time after which any private sale is to be made shall constitute reasonable notification. The Administrative Agent shall not be obligated to
make any sale of Borrower Collateral regardless of notice of sale having been given. The Administrative Agent may adjourn any public or private sale from time to time by announcement at the time and place fixed for such sale, and such sale may,
without further notice, be made at the time and place to which it was so adjourned. Every such sale shall operate to divest all right, title, interest, claim and demand whatsoever 

  
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of the Borrower in and to the Borrower Collateral so sold, and shall be a perpetual bar, both at law and in equity, against the Originator, each Seller the Servicer or any Person claiming any
right in the Borrower sold through any Seller, the Originator or the Borrower, and their respective successors or assigns. The Administrative Agent shall deposit the net proceeds of any such sale in the Agent Account and such proceeds shall be
applied against all or any part of the Borrower Obligations. 
 (c)        Upon the
completion of any sale under Section 9.1(b), the Borrower shall deliver or cause to be delivered to the purchaser or purchasers at such sale on the date thereof, or within a reasonable time thereafter if it shall be impracticable to make
immediate delivery, all of the Borrower Collateral sold on such date, but in any event full title and right of possession to such property shall vest in such purchaser or purchasers upon the completion of such sale. Nevertheless, if so requested by
the Administrative Agent or by any such purchaser, the Borrower shall confirm any such sale or transfer by executing and delivering to such purchaser all proper instruments of conveyance and transfer and releases as may be designated in any such
request. 
 (d)        At any sale under Section 9.1(b), any LC Lender,
any Lender or the Administrative Agent may bid for and purchase the property offered for sale and, upon compliance with the terms of sale, may hold, retain and dispose of such property without further accountability therefor. 

(e)        The Administrative Agent may (but in no event shall be obligated to)
exercise, at the sole cost and expense of the Borrower, any and all rights and remedies of the Borrower under or in connection with the Borrower Assigned Agreements or the other Borrower Collateral, including any and all rights of the Borrower to
demand or otherwise require payment of any amount under, or performance of any provisions of, the Borrower Assigned Agreements. Without limiting the foregoing, the Administrative Agent shall, upon the occurrence of any Event of Servicer Termination,
have the right to terminate the servicing responsibilities of the Servicer as provided in Section 8.1 and name any successor Servicer (including itself) pursuant to Article VIII of the Servicing Agreement. 

9.2         [Reserved] 

9.3         Exercise of Remedies. 

(a)        No failure or delay on the part of the Administrative Agent or any Lender
in exercising any right, power or privilege under this Agreement and no course of dealing between any Seller, the Originator, the Borrower, the Parent or the Servicer, on the one hand, and the Administrative Agent or any Lender, on the other hand,
shall operate as a waiver of such right, power or privilege, nor shall any single or partial exercise of any right, power or privilege under this Agreement preclude any other or further exercise of such right, power or privilege or the exercise of
any other right, power or privilege. The rights and remedies under this Agreement are cumulative, may be exercised singly or concurrently, and are not exclusive of any rights or remedies that the Administrative Agent or any Lender would otherwise
have at law or in equity. No notice to or demand on any party hereto shall entitle such party to any other or further notice or demand in similar or other circumstances, or constitute a waiver of the right of the party providing such notice or
making such demand to any other or further action in any circumstances without notice or demand. 

(b)        Notwithstanding anything to the contrary contained herein or in any other
Transaction Document, but subject to the Servicer’s rights and obligations with respect to the servicing of the Receivables under the Servicing Agreement, the authority to enforce rights and remedies hereunder and under the other Transaction
Documents against the Borrower, the Servicer or the Borrower Collateral shall be vested exclusively in, and all actions and proceedings at law in connection with such enforcement shall be instituted and maintained exclusively by, the Administrative
Agent in accordance with the 

  
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Transaction Documents for the benefit of all the Lenders and the LC Lenders; provided that the foregoing shall not prohibit (i) the Administrative Agent from exercising on its own
behalf the rights and remedies that inure to its benefit (solely in its capacity as Administrative Agent) hereunder and under the other Transaction Documents, (ii) any LC Lender or the Swing Line Lender from exercising the rights and remedies
that inure to its benefit (solely in its capacity as LC Lender or Swing Line Lender, as applicable) hereunder and under the other Transaction Documents, (iii) any Lender from exercising set-off rights in accordance with Section 11.7
or (iv) any Lender from filing proofs of claim or appearing and filing pleadings on its own behalf during the pendency of a proceeding under the Bankruptcy Code or any other applicable debtor relief law; and provided further that
if at any time there is no Person acting as Administrative Agent hereunder and under the other Transaction Documents, then (A) the Required Remedies Lenders and/or the Requisite Lenders shall have the rights otherwise ascribed to the
Administrative Agent pursuant to this Article IX and (B) in addition to the matters set forth in clauses (ii), (iii) and (iv) of the preceding proviso and subject to Section 11.7, any Lender
may, with the consent of the Required Remedies Lenders or the Requisite Lenders, enforce any rights and remedies available to it and as authorized by the Required Remedies Lenders or the Requisite Lenders. 

9.4         Power of Attorney.  On or before the Closing Date,
the Borrower shall execute and deliver a power of attorney substantially in the form attached hereto as Exhibit 9.4 (a “Power of Attorney”). The Power of Attorney is a power coupled with an interest and shall be irrevocable
until this Agreement has terminated in accordance with its terms and all of the Borrower Obligations are indefeasibly paid or otherwise satisfied in full. The powers conferred on the Administrative Agent under each Power of Attorney are solely to
protect the Liens of the Administrative Agent and the other Secured Parties upon and interests in the Borrower Collateral and shall not impose any duty upon the Administrative Agent to exercise any such powers. The Administrative Agent shall not be
accountable for any amount other than amounts that it actually receives as a result of the exercise of such powers and none of the Administrative Agent’s officers, directors, employees, agents or representatives shall be responsible to the
Parent, the Borrower, the Originator, any Seller, the Servicer or any other Person for any act or failure to act, except to the extent of damages attributable to their own gross negligence or willful misconduct as finally determined by a court of
competent jurisdiction. Notwithstanding any other provision herein or in any other Transaction Document to the contrary, the Administrative Agent shall not exercise any powers pursuant to any Power of Attorney unless a Termination Event shall have
occurred and be continuing. 
 9.5         Continuing Security
Interest.  This Agreement shall create a continuing Lien in the Borrower Collateral until the date such security interest is released by Administrative Agent and the Lenders and the LC Lenders. 

9.6         Lockbox Direction.  In the event any Lockbox Control
Agreement has been terminated and the Lockbox Bank thereunder is directing mail received at the Lockbox that was the subject of such Lockbox Control Agreement to an address specified by the Administrative Agent, the Administrative Agent shall,
within one Business Day of the first date on which no Borrower Obligations are outstanding, direct the Lockbox Bank to send all such mail to the Borrower’s address. 

ARTICLE X 

INDEMNIFICATION 

10.1       Indemnities by the Borrower. 

(a)        Without limiting any other rights that the LC Lenders, the Lenders or the
Administrative Agent or any of their respective officers, directors, employees, attorneys, agents, 

  
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representatives, permitted transferees, successors or permitted assigns (each, an “Indemnified Person”) may have hereunder or under applicable law, the Borrower hereby agrees to
indemnify and hold harmless each Indemnified Person from and against any and all Indemnified Amounts that may be claimed or asserted against or incurred by any such Indemnified Person in connection with or arising out of the transactions
contemplated under this Agreement or under any other Transaction Document or any actions or failures to act in connection therewith, including any and any and all reasonable and documented legal costs and out-of-pocket expenses arising out of or
incurred in connection with disputes between or among any parties to any of the Transaction Documents; provided, that the Borrower shall not be liable for any indemnification to an Indemnified Person to the extent that any such Indemnified
Amount results from such Indemnified Person’s gross negligence or willful misconduct, in each case as finally determined by a court of competent jurisdiction. Subject to the proviso in the immediately preceding sentence, but without limiting
the generality of the foregoing, the Borrower shall pay in accordance with subsection (b) below to each Indemnified Person any and all Indemnified Amounts relating to or resulting from: 

(i)         reliance on any representation or warranty made or
deemed made by the Borrower (or any of its officers) under or in connection with this Agreement or any other Transaction Document (without regard to any qualifications concerning the occurrence or non-occurrence of a Material Adverse Effect or
similar concepts of materiality) or on any other information delivered by the Borrower pursuant hereto or thereto that shall have been incorrect when made or deemed made or delivered; 

(ii)        the failure by the Borrower to comply with any term,
provision or covenant that it is obligated to comply with contained in this Agreement, any other Transaction Document or any agreement executed in connection herewith or therewith (without regard to any qualifications concerning the occurrence or
non-occurrence of a Material Adverse Effect or similar concepts of materiality), any applicable law, rule or regulation with respect to any Receivable or the Contract therefor, or the nonconformity of any Receivable or the Contract therefor with any
such applicable law, rule or regulation; 
 (iii)       any action taken
by the Administrative Agent as attorney-in-fact for any Seller, any Seller, the Borrower or the Originator pursuant to this Agreement or any other Transaction Document under which it has the right to act in such capacity; 

(iv)       (1) the failure to vest and maintain vested in the Borrower
valid and properly perfected title to and sole record and beneficial ownership of the Receivables that constitute Receivables, together with all Collections in respect thereof and all other Borrower Collateral, free and clear of any Adverse Claim
other than Permitted Encumbrances and (2) the failure to maintain or grant to the Administrative Agent, for the benefit of itself and the Secured Parties, a first priority, perfected Lien in any portion of the Borrower Collateral; 

(v)        any dispute, claim, offset or defense of any Obligor
(other than its discharge in bankruptcy) to the payment of any Receivable (including a defense based on any Dilution Factor or on such Receivable or the Contract therefor not being a legal, valid and binding obligation of such Obligor enforceable
against it in accordance with its terms), or any other claim resulting from the sale of the coal products or services giving rise to such Receivable or the furnishing of or failure to furnish coal products or services or relating to collection
activities with respect to such Receivable (if such collection activities were performed by any of its Affiliates acting as Servicer); 

(vi)       any commingling of funds which constitute Borrower Collateral
with any other funds of any other Person; 

  
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 (vii)      the failure to have
filed, or any delay in filing, financing statements (including fixture filings and as extracted collateral filings) or other similar instruments or documents under the UCC of any applicable jurisdiction or other applicable laws with respect to any
Receivables that are, or purporting to be, part of the Borrower Collateral, to the extent such filing is necessary to maintain the perfection and priority of the interests of the Administrative Agent, for the benefit of the Secured Parties, in the
Receivables; 
 (viii)     any products liability claim or other claim arising out
of or in connection with coal products or services that is the subject of any Contract with respect to any Receivable; 

(ix)       any investigation, litigation or proceeding related to this
Agreement or any other Transaction Document or the ownership of Receivables or Collections with respect thereto or any other investigation, litigation or proceeding relating to the Parent, the Originator, the Borrower, the Servicer or any Seller
including any Indemnified Person becomes involved as a result of any of the transactions contemplated hereby or by any other Transaction Document; 

(x)        any failure of (x) a Lockbox Processor to comply with
the terms of the applicable Lockbox Control Agreement, or (y) the Collection Account Bank to comply with the terms of the Collection Account Agreement; 

(xi)       any Termination Event described in Section 8.1(d)
or (e) relating to the Borrower; 
 (xii)      any failure of the
Borrower to give reasonably equivalent value to the Originator under the Receivables Sale Agreement in consideration of the transfer by such Originator of any Receivable, or any attempt by any Person to void such transfer under statutory provisions
or common law or equitable action; 
 (xiii)     any failure of the Originator to
give reasonably equivalent value to any Seller under the Sale Agreement in consideration of the transfer by such Seller of any Receivable, or any attempt by any Person to void such transfer under statutory provisions or common law or equitable
action; 
 (xiv)     any action or omission by Borrower, any Seller, the
Originator or the Servicer which reduces or impairs the rights of the Administrative Agent or the Secured Parties with respect to any Receivable or the value of any such Receivable; 

(xv)      the use of, use of proceeds of any Advance or the issuance of any
Letter of Credit or any litigation, investigation or proceeding relating to this Agreement or the ownership of interests in the Receivables; 

(xvi)     any attempt by any Person to void any Advance, Borrowing or the Lien
granted, or any other interest created, hereunder under statutory provisions or common law or equitable action; 

(xvii)    any environmental liability claim, products liability claim or personal injury
or property damage suit or other similar or related claim or action of whatever sort, arising out of or in connection with any Receivable or any other suit, claim or action of whatever sort relating to any of the Transaction Documents; 

  
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 (xviii)  any and all claims for brokerage commissions,
fees and other compensation made against the Administrative Agent, any Lender or any LC Lender by any broker, finder or consultant with respect to any agreement, arrangement or understanding made by or on behalf of the Borrower or any of its
Affiliates in connection with the transactions contemplated by this Credit Agreement; or 

(xix)    any withholding or deduction with respect to taxes (other than Indemnified
Taxes, Other Taxes or Excluded Taxes relating to payments on Advances which are expressly indemnified or excluded from indemnity under, and are governed exclusively by the provisions of Section 2.10) or Charge imposed upon any payments
with respect to any Receivable, any Borrower Assigned Agreement or any other Borrower Collateral. 

(xx)     Any Indemnified Amounts subject to the indemnification provisions of this
Section 10.1 not paid in accordance with Section 2.8 shall be paid by the Borrower to the Indemnified Person entitled thereto within five Business Days following demand therefor. 

(xxi)    In addition to other amounts payable hereunder, the Borrower hereby agrees to
protect, indemnify, pay and save harmless the Administrative Agent, each LC Lender, each Lender and any of such LC Lender’s Affiliates that have issued a Letter of Credit from and against any and all claims, demands, liabilities, damages, taxes
(other than Indemnified Taxes, Other Taxes or Excluded Taxes relating to payments made on Advances hereunder which are expressly indemnified or excluded from indemnity under, and are governed exclusively by the provisions of
Section 2.10), penalties, interest, judgments, losses, costs, charges and expenses (including reasonable and documented fees and out-of-pocket costs of counsel) which the Administrative Agent, any LC Lender, any Lender or any of their
respective Affiliates may incur or be subject to as a consequence, direct or indirect, of the issuance of any Letter of Credit, other than as a result of (a) the gross negligence or willful misconduct of the party to be indemnified as
determined by a final judgment of a court of competent jurisdiction or (b) the wrongful dishonor by the applicable LC Lender of a proper demand for payment made under any Letter of Credit, except if such dishonor resulted from any act or
omission, whether rightful or wrongful, of any present or future de jure or de facto Governmental Authority. 

10.2    If and to the extent the Administrative Agent, any Lender or any LC Lender shall be required for
any reason to pay over to an Obligor (or any trustee, receiver, custodian or similar official in any proceeding of the type described in Section 8.1(e) and (f)) any amount received by it hereunder, such amount shall be deemed not
to have been so received by such Person but rather to have been retained by the Borrower and, accordingly, such Person shall have a claim against the Borrower for such amount, payable when and to the extent that any distribution from or on behalf of
such Obligor is made in respect thereof. 
 ARTICLE XI 

ADMINISTRATIVE AGENT 

11.1    Authorization and Action.  The Administrative Agent may take such action and
carry out such functions under this Agreement as are authorized to be performed by it pursuant to the terms of this Agreement, any other Transaction Document or otherwise contemplated hereby or thereby or are reasonably incidental thereto;
provided, that the duties of the Administrative Agent set forth in this Agreement shall be determined solely by the express provisions of this Agreement, and, other than the duties set forth in Section 11.2, any permissive right
of the Administrative Agent hereunder shall not be construed as a duty. 

  
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 11.2    Reliance.  None of the
Administrative Agent, any of its Affiliates or any of their respective directors, officers, agents or employees shall be liable for any action taken or omitted to be taken by any of them under or in connection with this Agreement or the other
Transaction Documents, except for damages solely caused by its or their own gross negligence or willful misconduct as finally determined by a court of competent jurisdiction. Without limiting the generality of the foregoing, and notwithstanding any
term or provision hereof to the contrary, the Borrower, each LC Lender and each Lender hereby acknowledge and agree that the Administrative Agent as such (a) has no duties or obligations other than as set forth expressly herein, and has no
fiduciary obligations to any person, (b) acts as a representative hereunder for the Lenders and the LC Lenders and has no duties or obligations to, shall incur no liabilities or obligations to, and does not act as an agent in any capacity for,
the Borrower (other than, with respect to the Administrative Agent, under the Power of Attorney with respect to remedial actions) or any other Person, (c) may consult with legal counsel, independent public accountants and other experts selected
by it and shall not be liable for any action taken or omitted to be taken by it in good faith in accordance with the advice of such counsel, accountants or experts, (d) makes no representation or warranty hereunder to any Affected Party and
shall not be responsible to any such Person for any statements, representations or warranties made in or in connection with this Agreement or the other Transaction Documents, (e) shall not have any duty to ascertain or to inquire as to the
performance or observance of any of the terms, covenants or conditions of this Agreement or the other Transaction Documents on the part of the Borrower, the Servicer, the Originator, any Seller, the Parent, any LC Lender or any Lender, or to inspect
the property (including the books and records) of the Borrower, the Servicer, the Originator, any Seller, the Parent, any LC Lender or any Lender, (f) shall not be responsible to the Borrower, the Servicer, the Parent, any LC Lender, any Seller
any Lender or any other Person for the due execution (other than its own due execution), legality, validity, enforceability, genuineness, sufficiency or value of this Agreement or the other Transaction Documents or any other instrument or document
furnished pursuant hereto or thereto, (g) shall incur no liability under or in respect of this Agreement or the other Transaction Documents by acting upon any notice, consent, certificate or other instrument or writing believed by it to be
genuine and signed, sent or communicated by the proper party or parties and (h) shall not be bound to make any investigation into the facts or matters stated in any notice or other communication hereunder and may conclusively rely on the
accuracy of such facts or matters. 
 11.3    GE Capital and Affiliates.  GE Capital
and its Affiliates may generally engage in any kind of business with the Originator, any Obligor, the Parent, the Sellers, the Borrower, the Servicer, the LC Lenders, any Lender, any of their respective Affiliates and any Person who may do business
with or own securities of such Persons or any of their respective Affiliates, all as if GE Capital were not the Administrative Agent and without the duty to account therefor to the Originator, any Obligor, the Parent, any Seller, the Borrower, the
Servicer, the LC Lenders, any Lender or any other Person. 
 11.4    Lender and LC Lender Credit
Decision.    Each Lender acknowledges that it has, independently and without reliance upon the Administrative Agent or any other Lender or any LC Lender, and based upon such documents and information as it has deemed
appropriate, made its own credit and financial analysis of the Borrower and its own decision to enter into this Agreement. Each Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other
Lender or any LC Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement. Each LC Lender acknowledges that it has,
independently and without reliance upon the Administrative Agent or any Lender, and based upon such documents and information as it has deemed appropriate, made its own credit and financial analysis of the Borrower and its own decision to enter into
this Agreement. Each LC Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent or any Lender and based on such documents and information as it shall deem

  
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appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement. 

11.5    Indemnification.  Each of the Lenders and each of the LC Lenders severally agrees
to indemnify the Administrative Agent and its Indemnified Persons (to the extent not reimbursed by the Borrower and without limiting the obligations of the Borrower hereunder), ratably according to their respective Pro Rata Shares, from and against
any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever which may be imposed on, incurred by, or asserted against the Administrative Agent in any
way relating to or arising out of this Agreement or any other Transaction Document or any action taken or omitted by the Administrative Agent or such Indemnified Person in connection herewith or therewith; provided, however, that no
Lender or LC Lender shall be liable for any portion of such liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements resulting solely from the Administrative Agent’s gross negligence or
willful misconduct as finally determined by a court of competent jurisdiction. Without limiting the foregoing, each Lender and each LC Lender agrees to reimburse the Administrative Agent and its Indemnified Persons promptly upon demand for its
ratable share of any out-of-pocket expenses (including counsel fees) incurred by the Administrative Agent or such Indemnified Person in connection with the preparation, execution, delivery, administration, modification, amendment or enforcement
(whether through negotiations, legal proceedings or otherwise) of, or legal advice in respect of rights or responsibilities under, this Agreement and each other Transaction Document, to the extent that the Administrative Agent or such Indemnified
Person is not reimbursed for such expenses by the Borrower. 
 11.6    Successor Administrative
Agent.  The Administrative Agent may resign at any time by giving not less than thirty (30) days’ prior written notice thereof to each of the Lenders, the LC Lenders and the Borrower. Upon any such resignation, the Requisite
Lenders shall have the right to appoint a successor Administrative Agent. If no successor Administrative Agent shall have been so appointed by the Requisite Lenders and shall have accepted such appointment within thirty (30) days after the
resigning Administrative Agent’s giving notice of resignation as set forth above, then the resigning Administrative Agent may, on behalf of the Lenders, appoint a successor Administrative Agent, which shall be a Lender, if a Lender is willing
to accept such appointment, or otherwise shall be a commercial bank or financial institution or a subsidiary of a commercial bank or financial institution which commercial bank or financial institution is organized under the laws of the United
States of America or of any State thereof which has a long term debt rating from S&P of “A” or better and Moody’s of “A3” or better and has a combined capital and surplus of at least $300,000,000. If no successor
Administrative Agent has been appointed pursuant to the foregoing, by the 30th day after the date such notice of resignation was given by the resigning Administrative Agent, such resignation shall become effective and the Requisite Lenders shall
thereafter perform all the duties of the Administrative Agent hereunder until such time, if any, as the Requisite Lenders appoint a successor Administrative Agent as provided above. Upon the acceptance of any appointment as the Administrative Agent
hereunder by a successor Administrative Agent, such successor Administrative Agent shall succeed to and become vested with all the rights, powers, privileges and duties of the resigning Administrative Agent. Upon the earlier of the acceptance of any
appointment as the Administrative Agent hereunder by a successor Administrative Agent or the effective date of the resigning Administrative Agent’s resignation, the resigning Administrative Agent shall be discharged from its duties and
obligations under this Agreement and the other Transaction Documents, except that any indemnity rights or other rights in favor of such resigning Administrative Agent shall continue. After any resigning Administrative Agent’s resignation
hereunder, the provisions of this Article XI shall inure to its benefit as to any actions taken or omitted to be taken by it while it was the Administrative Agent under this Agreement and the other Transaction Documents. 

  
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 11.7    Set-off and Sharing of Payments.  In
addition to any rights now or hereafter granted under applicable law and not by way of limitation of any such rights, upon the occurrence of any Termination Event, each Lender and each holder of any Note is hereby authorized at any time or from time
to time, without notice to the Borrower or to any other Person, any such notice being hereby expressly waived (but subject to Section 2.3(b)(i)), to set off and to appropriate and to apply any and all balances held by it at any of its
offices for the account of the Borrower (regardless of whether such balances are then due to the Borrower) and any other properties or assets any time held or owing by that Lender or that holder to or for the credit or for the account of the
Borrower against and on account of any of the Borrower Obligations which are not paid when due. Any Lender or holder of any Note exercising a right to set off or otherwise receiving any payment on account of the Borrower Obligations in excess of its
Pro Rata Share thereof shall purchase for cash (and the other Lenders or holders shall sell) such participations in each such other Lender’s or holder’s Pro Rata Share of the Borrower Obligations as would be necessary to cause such Lender
to share the amount so set off or otherwise received with each other Lender or holder in accordance with their respective Pro Rata Shares. Each Lender’s rights and obligations pursuant to this Section 11.7 are in addition to and not
in limitation of its obligations to purchase a participation equal to its Pro Rata Share of the Swing Line Advance pursuant to Section 2.1(e) and make a Revolving Credit Advance pursuant to Section 2.19(c) and
Section 2.6(c). The Borrower agrees, to the fullest extent permitted by law, that (a) any Lender or holder may exercise its right to set off with respect to amounts in excess of its Pro Rata Share of the Borrower Obligations and may
sell participations in such amount so set off to other Lenders and holders and (b) any Lender or holders so purchasing a participation in the Advances made or other Borrower Obligations held by other Lenders or holders may exercise all rights
of set off, bankers’ lien, counterclaim or similar rights with respect to such participation as fully as if such Lender or holder were a direct holder of the Advances and the other Borrower Obligations in the amount of such participation.
Notwithstanding the foregoing, if all or any portion of the set-off amount or payment otherwise received is thereafter recovered from the Lender that has exercised the right of set-off, the purchase of participations by that Lender shall be
rescinded and the purchase price restored without interest. 
 ARTICLE XII 

MISCELLANEOUS 

12.1    Notices.  Except as otherwise provided herein, whenever it is provided herein
that any notice, demand, request, consent, approval, declaration or other communication shall or may be given to or served upon any of the parties by any other parties, or whenever any of the parties desires to give or serve upon any other parties
any communication with respect to this Agreement, each such notice, demand, request, consent, approval, declaration or other communication shall be in writing and shall be deemed to have been validly served, given or delivered (a) upon the
earlier of actual receipt and three Business Days after deposit in the United States Mail, registered or certified mail, return receipt requested, with proper postage prepaid, (b) upon transmission, when sent by email or facsimile (with such
email or facsimile promptly confirmed by delivery of a copy by overnight mail be a reputable overnight courier), (c) one Business Day after deposit with a reputable overnight courier with all charges prepaid or (d) when delivered, if hand
delivered by messenger, all of which shall be addressed to the party to be notified and sent to the address or facsimile number set forth on Schedule 12.1 hereto (or on any Assignment Agreement) or to such other address (or facsimile number) as may
be substituted by notice given as herein provided. The giving of any notice required hereunder may be waived in writing by the party entitled to receive such notice. Notwithstanding the foregoing, whenever it is provided herein that a notice is to
be given to any other party hereto on or prior to a specific date and/or time, such notice shall only be effective if actually received by such party on or prior to such date and prior to such time, as applicable, and if such notice is received
after such date or time or on a day other than a Business Day, such notice shall only be effective on the immediately succeeding Business Day. For the avoidance of 

  
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doubt, each of the Administrative Agent and the Borrower may, in their discretion, agree to accept notices and other communications hereunder from the other party by electronic communications
pursuant to procedures mutually approved by them; provided, further, that approval of such procedures may be limited to particular notices or communications. 

12.2       Binding Effect; Assignability. 

(a)        This Agreement shall be binding upon and inure to the benefit of the
Borrower, each LC Lender, each Lender and the Administrative Agent and their respective successors and permitted assigns. The Borrower may not assign, transfer, hypothecate or otherwise convey any of its rights or obligations hereunder or interests
herein without the express prior written consent of the Requisite Lenders and the Administrative Agent. Any such purported assignment, transfer, hypothecation or other conveyance by the Borrower without the prior express written consent of the
Requisite Lenders and the Administrative Agent shall be void. 
 (b)        Any
pledge or assignment by a Lender of any portion of its rights and obligations hereunder shall (i) in the case of an assignment, require the execution of an assignment agreement (an “Assignment Agreement”) substantially in the
form attached hereto as Exhibit 12.2(b), or otherwise in form and substance satisfactory to the Administrative Agent, acknowledged by the Administrative Agent, (ii) require the consent of (X) the Administrative Agent and each LC
Lender (other than in the case of a pledge, provided that neither the pledge by a Lender nor the loss of such Lender’s interest hereunder as a result of the exercise of a remedy under the pledge shall relieve or release such Lender from any of
its obligations under this Agreement) and (Y) unless a Termination Event is continuing, the Borrower (which consent shall not be unreasonably withheld or delayed); provided, that assignments effected in accordance with subsection
(c) below shall not be subject to the consent of the Borrower; (iii) if a partial assignment, be in an amount at least equal to $10,000,000 and, after giving effect to any such partial assignment, the assigning Lender shall have
retained a Revolving Commitment in an amount at least equal to $10,000,000 and must constitute an assignment of an equal percentage of such assigning Lender’s Revolving Commitment, LC Participation Amount and Revolving Credit Advances, in each
case at the time of such assignment; (iv) require the delivery to the Administrative Agent and the Borrower by the assignee of any forms, certificates or other evidence described in Section 2.10; (v) other than in the case of
an assignment by a Lender to one of its Affiliates, include a payment to the Administrative Agent by the assignor or assignee Lender of an assignment fee of $3,500; and (vi) in the case of any pledge or assignment by a Non-Funding Lender
(including any Affiliate thereof) shall require the prior written consent of the Administrative Agent. In the case of an assignment by a Lender under this Section 12.2, the assignee shall have, to the extent of such assignment, the same
rights, benefits and obligations as it would if it were a Lender hereunder. The assigning Lender shall be relieved of its obligations hereunder with respect to its Revolving Commitment or assigned portion thereof from and after the date of such
assignment. The Borrower hereby acknowledges and agrees that any assignment made in accordance with this Section 12.2(b) will give rise to a direct obligation of the Borrower to the assignee and that the assignee shall thereupon be a
“Lender” for all purposes. In all instances, each Lender’s obligation to make Revolving Credit Advances hereunder shall be several and not joint and shall be limited to such Lender’s Pro Rata Share of the Revolving Commitment. In
the event any Lender assigns or otherwise transfers all or any part of a Note, the Borrower shall, upon the request of such Lender, execute one or more new Notes in exchange for the Notes being assigned. Notwithstanding the foregoing provisions of
this Section 12.2(b), any Lender may at any time pledge or assign all or any portion of such Lender’s rights under this Agreement and the other Transaction Documents to any Federal Reserve Bank or to any holder or trustee of such
Lender’s securities; provided, however, that no such pledge or assignment to any Federal Reserve Bank, holder or trustee shall release such Lender from such Lender’s obligations hereunder or under any other Transaction
Document and no such holder or trustee shall be entitled to enforce any rights of such 

  
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Lender hereunder unless such holder or trustee becomes a Lender hereunder through execution of an Assignment Agreement as set forth above. 

(c)        In addition to the foregoing right, any Lender may, without consent from
the Borrower or the Administrative Agent, but with notice to the Administrative Agent and (unless a Termination Event has occurred and is continuing) the Borrower and the Servicer, (x) grant to an SPV the option to make all or any part of any
Advance that such Lender would otherwise be required to make hereunder (and the exercise of such option by such SPV and the making of Advances pursuant thereto shall satisfy the obligation of such Lender to make such Advances hereunder);
(y) assign to an SPV all or a portion of its rights (but not its obligations) under the Transaction Documents, including a sale of any Advances or other Borrower Obligations hereunder and such Lender’s right to receive payment with respect
to any such Borrower Obligation and (z) sell participations to one or more Persons in or to all or a portion of its rights and obligations under the Transaction Documents, including all its rights and obligations with respect to the Advances
(it being acknowledged and agreed that, as a condition to the effectiveness of any such sale, the applicable participant shall be required to deliver to the Administrative Agent and the Borrower any forms, certificates or other evidence described in
Section 2.10); provided, however, that (w) no such grant, sale or assignment shall relieve the Lender of any of its obligations under this Agreement, (x) no such SPV or participant shall have a commitment, or be deemed
to have made an offer to commit, to make Advances hereunder, and none shall be liable to any Person for any obligations of such Lender hereunder (it being understood that nothing in this Section 12.2(c) shall limit any rights such Lender
may have as against such SPV or participant under the terms of the applicable option, sale or participation agreement between or among such parties); and (y) no such SPV or holder of any such participation shall be entitled to require such
Lender to take or omit to take any action hereunder except actions directly affecting (i) any reduction in the principal amount of, or interest rate or Fees payable with respect to, any Advance in which such holder participates, (ii) any
extension of any scheduled payment of the principal amount of any Advance in which such holder participates or the final maturity date thereof, and (iii) any release of all or substantially all of the Borrower Collateral (other than in
accordance with the terms of this Agreement or the other Transaction Documents). Solely for purposes of Sections 2.8, 2.9, 2.11, 2.15 and 10.1, Borrower acknowledges and agrees that each such sale or participation
shall give rise to a direct obligation of the Borrower to the participant or SPV and each such participant or SPV shall be considered to be a “Lender” for purposes of such sections; provided, however, that each of the
participant and SPV, as applicable, provides the Borrower the appropriate IRS withholding tax forms prior to the receipt of any payment hereunder claiming a full exemption from U.S. withholding tax; and provided, further, that no participant
or SPV shall be entitled to receive any greater payment under Sections 2.8, 2.9, 2.11, 2.15 or 10.1 than the applicable Lender would have been entitled to receive if the sale or assignment to such participant or
SPV had never occurred. Except as set forth in the preceding sentence, such Lender’s rights and obligations, and the rights and obligations of the other Lenders and the Administrative Agent and the Borrower towards such Lender under any
Transaction Document shall remain unchanged and none of the Borrower, the Administrative Agent or any Lender (other than the Lender selling a participation or assignment to an SPV) shall have any duty to any participant or SPV and may continue to
deal solely with the assigning or selling Lender as if no such assignment or sale had occurred. Each Lender that sells a participation, acting solely for this purpose as an agent of the Borrower, shall maintain a register on which it enters the name
and address of each participant and the principal amounts (and stated interest) of each participant’s interest in the Advances or other obligations under this Agreement (the “Participant Register”); provided that no
Lender shall have any obligation to disclose all or any portion of the Participant Register to any Person (including the identity of any participant or any information relating to a participant’s interest in any Advance, LC Participation, Swing
Line Participation, Letter of Credit or its other obligations under this Agreement) except to the extent that such disclosure is necessary to establish that such Advance, LC Participation, Swing Line Participation, Letter of Credit or other
obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations. The entries in the Participant Register shall be conclusive, and such Lender, the 

  
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Borrower and the Administrative Agent shall treat each person whose name is recorded in the Participant Register pursuant to the terms hereof as the owner of such participation for all purposes
of this Agreement, notwithstanding notice to the contrary. 
 (d)        Except as
expressly provided in this Section 12.2, no Lender shall, as between the Borrower and that Lender, or between the Administrative Agent and that Lender, be relieved of any of its obligations hereunder as a result of any sale, assignment,
transfer or negotiation of, or granting of participation in, all or any part of the Advances, the LC Participation Amount, the Notes or other Borrower Obligations owed to such Lender. 

(e)        The Borrower shall assist any Lender permitted to sell assignments or
participations under this Section 12.2 as reasonably required to enable the assigning or selling Lender to effect any such assignment or participation, including the execution and delivery of any and all agreements, notes and other
documents and instruments as shall be reasonably requested and the participation of management in meetings with potential assignees or participants. The Borrower shall, if the Administrative Agent so requests in connection with an initial
syndication of the Revolving Commitments hereunder, assist in the preparation of informational materials for such syndication. 

(f)        A Lender may furnish any information concerning the Borrower, any Seller,
the Servicer, the Parent, the Originator and/or the Receivables in the possession of such Lender from time to time to assignees and participants (including prospective assignees and participants). Each Lender shall obtain from all prospective and
actual assignees or participants confidentiality covenants substantially equivalent to those contained in Section 12.5. 

12.3       Termination; Survival of Borrower Obligations Upon Facility Maturity
Date. 
 (a)        This Agreement shall create and constitute the continuing
obligations of the parties hereto in accordance with its terms, and shall remain in full force and effect until the Termination Date. 

(b)        Except as otherwise expressly provided herein or in any other Transaction
Document, no termination or cancellation (regardless of cause or procedure) of any commitment made by any Affected Party under this Agreement shall in any way affect or impair the obligations, duties and liabilities of the Borrower or the rights of
any Affected Party relating to any unpaid portion of the Borrower Obligations, due or not due, liquidated, contingent or unliquidated or any transaction or event occurring prior to such termination, or any transaction or event, the performance of
which is required after the Facility Maturity Date. Except as otherwise expressly provided herein or in any other Transaction Document, all undertakings, agreements, covenants, warranties and representations of or binding upon the Borrower and all
rights of any Affected Party hereunder, all as contained in the Transaction Documents, shall not terminate or expire, but rather shall survive any such termination or cancellation and shall continue in full force and effect until the Termination
Date; provided, that the rights and remedies provided for herein with respect to any breach of any representation or warranty made by the Borrower pursuant to Article IV, the indemnification and payment provisions of Article X
and Sections 11.5 and 12.4 shall be continuing and shall survive the Termination Date. 

12.4       Costs and Expenses.    The Borrower shall reimburse
the Administrative Agent for all reasonable out-of-pocket expenses incurred in connection with the negotiation and preparation of this Agreement and the other Transaction Documents (including the reasonable and documented fees and expenses of all of
its special counsel, advisors, consultants and auditors retained in connection with the transactions contemplated thereby and advice in connection therewith). The Borrower shall reimburse each Lender and the Administrative Agent for all reasonable
fees, costs and expenses, including the 

  
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reasonable fees, costs and expenses of counsel or other advisors (including environmental and management consultants and appraisers) for advice, assistance, or other representation in connection
with: 
 (a)        the forwarding to the Borrower or any other Person on behalf of
the Borrower by any Lender of any proceeds of Advances made by such Lender hereunder; 

(b)        any amendment, modification or waiver (whether or not consummated) of,
consent with respect to, or termination of this Agreement or any of the other Transaction Documents or advice in connection with the administration hereof or thereof or their respective rights hereunder or thereunder; 

(c)        any Litigation, proceeding, contest, case, action or dispute (whether
instituted by the Borrower, any Lender, the Administrative Agent or any other Person as a party, witness, or otherwise) in any way relating to the Borrower Collateral, any of the Transaction Documents or any other agreement to be executed or
delivered in connection herewith or therewith, including any Litigation, contest, dispute, suit, case, proceeding or action, and any appeal or review thereof, in connection with a case commenced by or against the Borrower, the Servicer or any other
Person that may be obligated to any Lender or the Administrative Agent by virtue of the Transaction Documents, including any such Litigation, contest, dispute, suit, proceeding or action arising in connection with any work-out or restructuring of
the transactions contemplated hereby during the pendency of one or more Termination Events; 

(d)        any attempt to enforce any remedies of a Lender or the Administrative
Agent (including any remedies that such person may have as a result of a pledge or assignment to such person by the Borrower pursuant to this Agreement) against the Borrower, any Seller, the Originator, the Parent, the Servicer or any other Person
that may be obligated to them by virtue of any of the Transaction Documents, including any such attempt to enforce any such remedies in the course of any work-out or restructuring of the transactions contemplated hereby during the pendency of one or
more Termination Events; 
 (e)        any work-out or restructuring of the
transactions contemplated hereby during the pendency of one or more Termination Events or Incipient Termination Events; and 

(f)        efforts to (A) monitor the Advances or any of the Borrower
Obligations, (B) evaluate, observe or assess the Originator, the Sellers, the Parent, the Borrower or the Servicer or their respective affairs, and (C) verify, protect, evaluate, assess, appraise, collect, sell, liquidate or otherwise
dispose of any of the Borrower Collateral; 
 including all reasonable attorneys’ and other professional and service providers’
fees arising from such services, including those in connection with any appellate proceedings, and all reasonable expenses, costs, charges and other fees incurred by such counsel and others in connection with or relating to any of the events or
actions described in this Section 12.4, all of which shall be payable within five (5) Business Days of receipt from the applicable Lender or Administrative Agent of written demand therefor (which written demand shall set forth in
reasonable detail the basis of such demand), by the Borrower to the applicable Lender or the Administrative Agent, as applicable. Without limiting the generality of the foregoing, such expenses, costs, charges and fees may include: fees, costs and
expenses of accountants, environmental advisors, appraisers, investment bankers, management and other consultants and paralegals; court costs and expenses; photocopying and duplication expenses; court reporter fees, costs and expenses; long distance
telephone charges; air express charges; telegram or facsimile charges; secretarial overtime charges; and expenses for travel, lodging and food paid or incurred in connection with the performance of such legal or other advisory services. 

  
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 In addition, the Borrower shall pay on demand any and all Other Taxes that are
stamp, sales, excise and other similar payable or determined to be payable in connection with the execution, delivery, filing or recording of this Agreement or any other Transaction Document, and the Borrower agrees to indemnify and save each
Indemnified Person harmless from and against any and all liabilities with respect to or resulting from any delay or failure to pay such Other Taxes. 

12.5       Confidentiality.  Except to the extent otherwise required by
applicable laws or regulations or by any subpoena or similar process or as required to be filed publicly with the Securities and Exchange Commission, or unless the Administrative Agent shall otherwise consent in writing, the Borrower agrees to
maintain the confidentiality of this Agreement (and all drafts hereof and documents ancillary hereto), in its communications with third parties other than any Affected Party or any Indemnified Person and otherwise not to disclose, deliver or
otherwise make available to any third party (other than its directors, officers, employees, accountants or counsel and any director, officer, employee, accountant or counsel of any member of the Parent Group) the original or any copy of all or any
part of this Agreement (or any draft hereof and documents ancillary hereto) except (1) to an Affected Party or an Indemnified Person, (2) to any Governmental Authority, (3) to the extent required in connection with the exercise of any
remedies hereunder or the enforcement of rights hereunder or thereunder, or (4) to the extent this Agreement or such draft or document becomes publicly available other than as a result of a breach of this Section by the Borrower or any
Affiliate thereof. 
 (a)        The Borrower agrees that it shall not (and shall
not permit any of its Affiliates to) issue any news release or make any public announcement pertaining to the transactions contemplated by this Agreement and the other Transaction Documents without the prior written consent of the Administrative
Agent and any Lender specifically referenced therein (which consent shall not be unreasonably withheld or delayed) unless such news release or public announcement is required by law, rule, regulation or listing standard applicable to the Borrower or
its Affiliates, in which case the Borrower shall consult with the Administrative Agent and any Lenders specifically referenced therein prior to the issuance of such news release or public announcement. The Borrower may, however, disclose the general
terms of the transactions contemplated by this Agreement and the other Transaction Documents to trade creditors, suppliers, nationally recognized statistical rating agencies then rating a member of the Parent Group and other similarly-situated
Persons so long as such disclosure is not in the form of a news release or public announcement. 

(b)        The Administrative Agent, each LC Lender and each Lender agrees to
maintain the confidentiality of the Information (as defined below), and will not use such confidential Information for any purpose or in any matter except in connection with this Agreement, except that Information may be disclosed (1) to
(i) each Affected Party (ii) its and each Affected Party’s and their respective Affiliates’ directors, officers, employees and agents, including accountants, legal counsel and other advisors (it being understood that the Persons
to whom such disclosure is made will be informed of the confidential nature of such Information and instructed to keep such Information confidential and to not disclose or use such Information in violation of Regulation FD (17 C.F.R. §
243.100-243.103)) and (iii) industry trade organizations for inclusion in league table measurements, (2) any regulatory authority (it being understood that it will to the extent reasonably practicable provide the Borrower with an
opportunity to request confidential treatment from such regulatory authority), (3) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, (4) to any other party to this Agreement, (5) to
the extent required in connection with the exercise of any remedies hereunder or any suit, action or proceeding relating to this Agreement or any other Transaction Document or the enforcement of rights hereunder or thereunder, (6) subject to an
agreement containing provisions substantially the same as those of this Section, to any assignee of (or participant in), or any prospective assignee of (or participant in), any of its rights or obligations under this Agreement, (7) with the
prior written consent of the Borrower (not to be unreasonably withheld) or (8) to the extent such Information (i) becomes publicly available 

  
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other than as a result of a breach of this Section or any other confidentiality agreement to which it is party with the Borrower or the Parent or any subsidiary thereof or (ii) becomes
available to the Administrative Agent, or any Lender on a nonconfidential basis. For the purposes of this Section, “Information” means all information received from the Originator, the Borrower the Servicer, any Seller, the Parent
or any subsidiary thereof, or otherwise obtained pursuant to actions contemplated by this Agreement (including without limitation pursuant to Section 7.5), in each case to the extent relating to the Originator, any Seller, Borrower, the
Servicer, the Parent or any subsidiary thereof or their businesses, or any Obligor, other than any such information that is available to the Administrative Agent or any Secured Party on a nonconfidential basis prior to such disclosure. Any Person
required to maintain the confidentiality of Information as provided in this Section shall be considered to have complied with its obligation to do so if such Person has exercised the same degree of care to maintain the confidentiality of such
Information as such Person would accord to its own confidential information. 

12.6       Complete Agreement; Modification of
Agreement.    This Agreement and the other Transaction Documents constitute the complete agreement among the parties hereto with respect to the subject matter hereof and thereof, supersede all prior agreements and
understandings relating to the subject matter hereof and thereof, and may not be modified, altered or amended except as set forth in Section 12.7. 

12.7       Amendments and Waivers. 

(a)        No amendment, modification, termination or waiver of any provision of this
Agreement or any Note, or any consent to any departure by the Borrower therefrom, shall in any event be effective unless the same shall be in writing and signed by the Administrative Agent and (unless the Administrative Agent is permitted by the
terms hereof or thereof to take or effectuate such action on its own) the Requisite Lenders or, to the extent required under subsection (b) below, by all Lenders directly affected thereby. In addition, if any amendment, modification or
waiver of the terms hereof would (in the reasonable determination of the Administrative Agent) materially adversely affect any LC Lender, the written consent of such LC Lender shall be required prior to the effectiveness of such amendment,
modification or waiver. Except as set forth in subsection (b) below, all amendments, modifications, terminations or waivers requiring the consent of any Lenders without specifying the required percentage of Lenders shall require the
written consent of the Requisite Lenders. 
 (b)        (i)  No
amendment, modification, termination or waiver of this Agreement or any Note shall, unless in writing and signed by each Lender directly affected thereby, do any of the following: (1) increase the principal amount of any Lender’s Revolving
Commitment or LC Participation Amount; (2) reduce the principal of, rate of interest on or Fees payable with respect to any Advance made by any affected Lender; (3) extend any scheduled payment date or final maturity date of the principal
amount of any Advance of any affected Lender; (4) waive, forgive, defer, extend or postpone any payment of interest or Fees (other than any fees contemplated by Section 2.11(f) hereof) as to any affected Lender; (5) change the
percentage of the Maximum Revolving Commitment Amount or of the aggregate Outstanding Principal Amount which shall be required for Lenders or any of them to take any action hereunder; (6) release all or a substantial portion of the Borrower
Collateral (other than in accordance with the terms hereof (including, without limitation, Section 2.4 hereof)); (7) change the definition of the term “Borrowing Base” or any defined terms that comprise and/or
affect such term including, without limitation, the defined terms “Eligible Receivable” and “Dynamic Advance Rate” and the defined terms materially affecting calculation of such defined terms; (8) change the
definition of the term “Required Remedies Lenders”, (9) amend or waive this Section 12.7 or the definition of the term “Requisite Lenders” insofar as such definition affects the substance of this
Section 12.7 or (10) amend or modify any Termination Event. Furthermore, no amendment, modification, termination or waiver shall be 

  
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effective to the extent that it affects the rights or duties of the Administrative Agent under this Agreement or any other Transaction Document unless in writing and signed by the Administrative
Agent. 
 (ii)        Each amendment, modification, termination or
waiver shall be effective only in the specific instance and for the specific purpose for which it was given. No amendment, modification, termination or waiver shall be required for the Administrative Agent to take additional Borrower Collateral
pursuant to any Transaction Document. No amendment, modification, termination or waiver of any provision of any Note shall be effective without the written concurrence of the holder of such Note. No notice to or demand on the Borrower in any case
shall entitle the Borrower to any other or further notice or demand in similar or other circumstances. Any amendment, modification, termination, waiver or consent effected in accordance with this Section 12.7 shall be binding upon each
holder of a Note at the time outstanding and each future holder of a Note. 

(c)         Upon indefeasible payment in full in cash and performance of all of
the Borrower Obligations (other than indemnification obligations under Section 10.1), termination of the Maximum Revolving Commitment Amount and a release of all claims against the Administrative Agent and Lenders, and so long as no
suits, actions, proceedings or claims are pending or threatened against any Indemnified Person asserting any damages, losses or liabilities that are Indemnified Amounts, the Administrative Agent shall deliver to the Borrower termination statements
and other documents necessary or appropriate to evidence the termination of the Liens securing payment of the Borrower Obligations. 

12.8       No Waiver; Remedies.  The failure by any Lender, any LC Lender
or the Administrative Agent, at any time or times, to require strict performance by the Borrower or the Servicer of any provision of this Agreement or any other Transaction Document shall not waive, affect or diminish any right of any Lender, any LC
Lender or the Administrative Agent thereafter to demand strict compliance and performance herewith or therewith. Any suspension or waiver of any breach or default hereunder shall not suspend, waive or affect any other breach or default whether the
same is prior or subsequent thereto and whether the same or of a different type. None of the undertakings, agreements, warranties, covenants and representations of the Borrower or the Servicer contained in this Agreement or any other Transaction
Document, and no breach or default by the Borrower or the Servicer hereunder or thereunder, shall be deemed to have been suspended or waived by any Lender or the Administrative Agent unless such waiver or suspension is by an instrument in writing
signed by an officer of or other duly authorized signatory of the applicable Lenders and the Administrative Agent and directed to the Borrower or the Servicer, as applicable, specifying such suspension or waiver. The rights and remedies of the
Lenders and the Administrative Agent under this Agreement and the other Transaction Documents shall be cumulative and nonexclusive of any other rights and remedies that the Lenders and the Administrative Agent may have hereunder, thereunder, under
any other agreement, by operation of law or otherwise. Recourse to the Borrower Collateral shall not be required. 

12.9       Amendments Affecting Swing Line Lender.    In the
event that any amendment, modification or waiver of the terms hereof would (in the reasonable determination of the Administrative Agent) materially adversely affect the Swing Line Lender, the written consent of the Swing Line Lender shall be
required prior to the effectiveness of such amendment, modification or waiver. 

12.10     GOVERNING LAW; CONSENT TO JURISDICTION; WAIVER OF JURY TRIAL. 

(i)        THIS AGREEMENT AND EACH OTHER TRANSACTION DOCUMENT
(EXCEPT TO THE EXTENT THAT ANY TRANSACTION DOCUMENT EXPRESSLY PROVIDES TO THE CONTRARY) AND THE OBLIGATIONS ARISING 

  
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HEREUNDER AND THEREUNDER SHALL IN ALL RESPECTS, INCLUDING ALL MATTERS OF CONSTRUCTION, VALIDITY AND PERFORMANCE (INCLUDING, WITHOUT LIMITATION, ANY CLAIMS SOUNDING IN CONTRACT OR TORT LAW
ARISING OUT OF THE SUBJECT MATTER HEREOF AND ANY DETERMINATION WITH RESPECT TO POST-JUDGMENT INTEREST), BE GOVERNED BY, AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK WITHOUT GIVING EFFECT TO THE CONFLICTS OF LAWS
PRINCIPLES THEREOF OTHER THAN SECTIONS 5-1401 AND 5-1402 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK). 

(ii)        EACH PARTY HERETO HEREBY CONSENTS AND AGREES THAT THE
STATE OR FEDERAL COURTS LOCATED IN THE BOROUGH OF MANHATTAN IN NEW YORK CITY SHALL HAVE EXCLUSIVE JURISDICTION TO HEAR AND DETERMINE ANY CLAIMS OR DISPUTES BETWEEN THEM PERTAINING TO THIS AGREEMENT OR TO ANY MATTER ARISING OUT OF OR RELATING TO THIS
AGREEMENT OR ANY OTHER TRANSACTION DOCUMENT; PROVIDED, THAT EACH PARTY HERETO ACKNOWLEDGES THAT ANY APPEALS FROM THOSE COURTS MAY HAVE TO BE HEARD BY A COURT LOCATED OUTSIDE OF THE BOROUGH OF MANHATTAN IN NEW YORK CITY; PROVIDED,
FURTHER THAT NOTHING IN THIS AGREEMENT SHALL BE DEEMED OR OPERATE TO PRECLUDE ANY LENDER OR THE ADMINISTRATIVE AGENT FROM BRINGING SUIT OR TAKING OTHER LEGAL ACTION IN ANY OTHER JURISDICTION TO REALIZE ON THE BORROWER COLLATERAL OR ANY OTHER
SECURITY FOR THE BORROWER OBLIGATIONS, OR PRECLUDE ANY PARTY HERETO TO ENFORCE A JUDGMENT OR OTHER COURT ORDER IN FAVOR OF SUCH PARTY. EACH PARTY HERETO SUBMITS AND CONSENTS IN ADVANCE TO SUCH JURISDICTION IN ANY ACTION OR SUIT COMMENCED IN ANY SUCH
COURT, AND EACH PARTY HERETO HEREBY WAIVES ANY OBJECTION THAT SUCH PARTY MAY HAVE BASED UPON LACK OF PERSONAL JURISDICTION, IMPROPER VENUE OR FORUM NON CONVENIENS AND HEREBY CONSENTS TO THE GRANTING OF SUCH LEGAL OR EQUITABLE
RELIEF AS IS DEEMED APPROPRIATE BY SUCH COURT. EACH PARTY HERETO HEREBY WAIVES PERSONAL SERVICE OF THE SUMMONS, COMPLAINT AND OTHER PROCESS ISSUED IN ANY SUCH ACTION OR SUIT AND AGREES THAT SERVICE OF SUCH SUMMONS, COMPLAINT AND OTHER PROCESS MAY BE
MADE BY REGISTERED OR CERTIFIED MAIL ADDRESSED TO SUCH PARTY AT THE ADDRESS PROVIDED FOR IN SECTION 12.1 HEREOF AND THAT SERVICE SO MADE SHALL BE DEEMED COMPLETED UPON THE EARLIER OF SUCH PARTY’S ACTUAL RECEIPT THEREOF OR THREE DAYS
AFTER DEPOSIT IN THE UNITED STATES MAIL, PROPER POSTAGE PREPAID. NOTHING IN THIS SECTION SHALL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE LEGAL PROCESS IN ANY OTHER MANNER PERMITTED BY LAW. 

(iii)     BECAUSE DISPUTES ARISING IN CONNECTION WITH COMPLEX FINANCIAL
TRANSACTIONS ARE MOST QUICKLY AND ECONOMICALLY RESOLVED BY AN EXPERIENCED AND EXPERT PERSON AND THE PARTIES WISH APPLICABLE STATE AND FEDERAL LAWS TO APPLY (RATHER THAN ARBITRATION RULES), THE PARTIES DESIRE THAT THEIR DISPUTES BE RESOLVED BY A
JUDGE APPLYING SUCH APPLICABLE LAWS. THEREFORE, TO ACHIEVE THE BEST COMBINATION OF THE BENEFITS OF THE JUDICIAL SYSTEM AND OF ARBITRATION, THE PARTIES HERETO WAIVE ALL     

  
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RIGHT TO TRIAL BY JURY IN ANY ACTION, SUIT, OR PROCEEDING BROUGHT TO RESOLVE ANY DISPUTE, WHETHER SOUNDING IN CONTRACT, TORT OR OTHERWISE, ARISING OUT OF, CONNECTED WITH, RELATED TO, OR
INCIDENTAL TO THE RELATIONSHIP ESTABLISHED AMONG THEM IN CONNECTION WITH THIS AGREEMENT OR ANY OTHER TRANSACTION DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY. 

12.11     Counterparts.  This Agreement may be executed in any number of separate
counterparts, each of which shall collectively and separately constitute one agreement. Delivery of an executed counterpart of this Agreement by facsimile or electronic mail shall be deemed as effective as delivery of an originally executed
counterpart. 
 12.12     Severability.  Wherever possible, each provision of this
Agreement shall be interpreted in such a manner as to be effective and valid under applicable law, but if any provision of this Agreement shall be prohibited by or invalid under applicable law, such provision shall be ineffective only to the extent
of such prohibition or invalidity without invalidating the remainder of such provision or the remaining provisions of this Agreement. 

12.13     Section Titles.  The section, titles and table of contents contained in
this Agreement are and shall be without substantive meaning or content of any kind whatsoever and are not a part of the agreement between the parties hereto. 

12.14     Further Assurances. 

(a)        The Borrower shall, or shall cause the Servicer to, at its sole cost and
expense, upon request of any of the Lenders or the Administrative Agent, promptly and duly execute and deliver any and all further instruments and documents and take such further action that may be necessary or desirable or that any of the Lenders
or the Administrative Agent may request to (i) perfect, protect, preserve, continue and maintain fully the Liens granted to the Administrative Agent for the benefit of itself and the Secured Parties under this Agreement, (ii) enable the
Lenders or the Administrative Agent to exercise and enforce its rights under this Agreement or any of the other Transaction Documents or (iii) otherwise carry out more effectively the provisions and purposes of this Agreement or any other
Transaction Document. Without limiting the generality of the foregoing, the Borrower shall, upon request of any of the Lenders or the Administrative Agent, (A) execute and file such financing or continuation statements, or amendments thereto or
assignments thereof, and such other instruments or notices that may be necessary or desirable or that any of the Lenders or the Administrative Agent may request to perfect, protect and preserve the Liens granted pursuant to this Agreement, free and
clear of all Adverse Claims (other than Permitted Encumbrances), (B) mark, or cause the Servicer to mark, each Contract evidencing each Receivable with a legend or other notation evidencing that the Borrower has purchased such Receivables and
that the Administrative Agent, for the benefit of the Secured Parties, has a security interest in and lien thereon, (C) mark, or cause the Servicer to mark, its master data processing records evidencing such Receivables with such a legend or
other notation and (D) cause the Servicer to notify Obligors of the Liens on the Receivables granted hereunder. 

(b)        Without limiting the generality of the foregoing, the Borrower hereby
authorizes the Lenders and the Administrative Agent, and each of the Lenders hereby authorizes the Administrative Agent, to file one or more financing or continuation statements, or amendments thereto or assignments thereof, relating to all or any
part of the Receivables, including Collections with respect thereto, or the Borrower Collateral without the signature of the Borrower or, as applicable, the Lenders, as applicable, to the extent permitted by applicable law. A carbon, photographic or
other reproduction of this Agreement or of any notice or financing statement covering the Receivables, the Borrower Collateral or any part 

  
 76 

 
thereof shall be sufficient as a notice or financing statement where permitted by law. Any financing statements filed pursuant to this Agreement or any Transaction Document may list, as secured
party, “General Electric Capital Corporation, as Administrative Agent”. 

(c)        In connection with any assignment permitted under
Section 12.2, upon the request of any assignor Lender, the Borrower will cause Hunton & Williams LLP (or such other counsel acceptable to such assignor Lender) to issue “reliance letters” (or, if reliance letters
cannot be issued, new opinion letters) to the related assignee Lenders with respect to the opinion letters delivered on or about the Closing Date in connection with the closing of the Transaction Documents (or, if reliance letters cannot be issued,
new opinion letters with respect to the matters addressed in the opinion letters delivered on or about the Closing Date in connection with the closing of the Transaction Documents). 

12.15     Interest Rate Limitation.  Notwithstanding anything herein to the
contrary, if at any time the applicable interest rate, together with all fees and charges that are treated as interest under applicable law (collectively, the “Interest Charges”), as provided for herein or in any other document
executed in connection herewith, or otherwise contracted for, charged, received, taken or reserved by any Person, shall exceed the maximum lawful rate (the “Maximum Rate”) that may be contracted for, charged, taken, received or
reserved by such Person in accordance with applicable law, the rate of interest payable hereunder, together with all Interest Charges payable to such Person, shall be limited to the Maximum Rate, provided that such excess amount shall be paid
to such Person on subsequent payment dates to the extent not exceeding the legal limitation. 

12.16     Lender Acknowledgement.  The Administrative Agent, each Lender and each LC
Bank hereby acknowledges that it has a received a copy of the notice dated July 31, 2014 (the “Warn Notice”) delivered by affiliates of the Parent pursuant to the Worker Adjustment and Retraining Notification Act of 1988 (as
amended). 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
 77 

 IN WITNESS WHEREOF, the parties have caused this Credit and Security Agreement to
be executed by their respective signatories thereunto duly authorized, as of the date first above written. 
  

					
	ANR SECOND RECEIVABLES FUNDING, LLC	 	
			
	 By:
	 	 /s/ Richard H. Verheij
	 	
	 Name: Richard H. Verheij
	 	
	 Title: Secretary
	 	

 
					
	GENERAL ELECTRIC CAPITAL CORPORATION	 	
			
	 By:
	 	 /s/ Dritar Vinca
	 	
	 Name: Dritar Vinca
	 	
	 Its: Duly Authorized Signatory
	 	
	
	 WEBSTER BUSINESS CREDIT CORPORATION

			
	 By:
	 	 /s/ Harvey Winter
	 	
	 Name: Harvey Winter
	 	
	 Title: SVP
	 	

 Exhibit 2.1(a)(ii) to 

Credit and Security Agreement 
  

FORM OF REVOLVING NOTE 
  

			
	
$                             
 
	  	[                ], 20    

 FOR VALUE RECEIVED, the undersigned, [      ], a Delaware
limited liability company (the “Borrower”), HEREBY PROMISES TO PAY [                          ] (the
“Lender”), at the offices of GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation, as agent for the Lender (the “Administrative Agent”), at its address at 299 Park Avenue, New York, New York 10171, or at such other place
as the Administrative Agent may designate from time to time in writing, in lawful money of the United States of America and in immediately available funds, the amount of
                         DOLLARS AND        CENTS
($                    ) or, if less, the aggregate unpaid amount of all Revolving Credit Advances made to the undersigned under the
“Credit Agreement” (as hereinafter defined). All capitalized terms used but not otherwise defined herein have the meanings given to them in the Credit Agreement or in Annex X thereto. 

This Revolving Note is one of the Revolving Notes issued pursuant to that certain Credit and Security Agreement dated as of
September 19, 2014 by and among the Borrower, the Lender (and any other “Lender” party thereto), the lc lenders party thereto, Webster Business Credit Corporation, and the Administrative Agent (including all annexes, exhibits and
schedules thereto, and as from time to time amended, restated, supplemented or otherwise modified, the “Credit Agreement”), and is entitled to the benefit and security of the Credit Agreement and all of the other Transaction Documents
referred to therein. Reference is hereby made to the Credit Agreement for a statement of all of the terms and conditions under which the Revolving Credit Advances evidenced hereby are made and are to be repaid. The date and amount of each Revolving
Credit Advance made by the Lender to the Borrower, the rates of interest applicable thereto and each payment made on account of the principal thereof, shall be recorded by the Administrative Agent on its books; provided that the failure of the
Administrative Agent to make any such recordation shall not affect the obligations of the Borrower to make a payment when due of any amount owing under the Credit Agreement or this Revolving Note in respect of the Revolving Credit Advances actually
made by the Lender to the Borrower. 
 The principal amount of the indebtedness evidenced hereby shall be payable in the
amounts and on the dates specified in the Credit Agreement, the terms of which are hereby incorporated herein by reference. In the event of any conflict or inconsistency between the Credit Agreement and this Revolving Note, the Credit Agreement
shall control. Interest thereon shall be paid until such principal amount is paid in full at such interest rates and at such times, and pursuant to such calculations, as are specified in the Credit Agreement. 

If any payment on this Revolving Note becomes due and payable on a day other than a Business Day, the maturity thereof shall
be extended to the next succeeding Business Day and, with respect to payments of principal, interest thereon shall be payable at the then applicable rate during such extension. 

Upon and after the Facility Maturity Date, this Revolving Note may, as provided in the Credit Agreement, and without demand,
notice or legal process of any kind, be declared, and immediately shall become, due and payable. 

 Time is of the essence of this Revolving Note. Demand, presentment, protest and
notice of nonpayment and protest are hereby waived by the Borrower. 
 Except as provided in the Credit Agreement, this
Revolving Note may not be assigned by the Lender to any Person. 

 THIS REVOLVING NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE
LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS MADE AND PERFORMED IN THAT STATE. 
  

					
	ANR SECOND RECEIVABLES FUNDING, LLC	 	
			
	 By:
	 	  
	 	
	 Name: Richard H. Verheij
	 	
	 Title: Secretary
	 	

 Exhibit 2. 1(e)(i) to 

Credit and Security Agreement 

FORM OF SWING LINE NOTE 
  

			
	 $25,000,000
	  	[                  ], 20    

 FOR VALUE RECEIVED, the undersigned, ANR SECOND RECEIVABLES FUNDING, LLC, a Delaware limited
liability company (the “Borrower”), HEREBY PROMISES TO PAY to the order of GENERAL ELECTRIC CAPITAL CORPORATION (“GE Capital”), a Delaware corporation (the “Swing Line Lender”), at the offices of GE
Capital, as agent (in such capacity, the “Administrative Agent”), at the Agent’s address at 201 Merritt 7, Norwalk, CT 06851, or at such other place as the Administrative Agent may designate from time to time in writing, in
lawful money of the United States of America and in immediately available funds, the amount of TWENTY-FIVE MILLION DOLLARS AND NO CENTS ($25,000,000) or, if less, the aggregate unpaid amount of all Swing Line Advances made to the undersigned under
the “Credit Agreement” (as hereinafter defined). All capitalized terms used but not otherwise defined herein have the meanings given to them in the Credit Agreement or in Annex X thereto. 

This Swing Line Note is issued pursuant to that certain Credit and Security Agreement dated as of September 19, 2014, by
and among the Borrower, the financial institutions party thereto as revolving lenders (the “Revolving Lenders”), the financial institutions party thereto as lc lenders, Webster Business Credit Corporation, the Swing Line Lender and
the Administrative Agent (including all annexes, exhibits and schedules thereto and as from time to time amended, restated, supplemented or otherwise modified, the “Credit Agreement”), and is entitled to the benefit and security of
the Credit Agreement and all of the other Transaction Documents referred to therein. Reference is hereby made to the Credit Agreement for a statement of all of the terms and conditions under which the Swing Line Advances evidenced hereby are made
and are to be repaid. The date and amount of each Swing Line Advance made by Swing Line Lender to the Borrower, the rate of interest applicable thereto and each payment made on account of the principal thereof, shall be recorded by the
Administrative Agent on its books; provided that the failure of the Administrative Agent to make any such recordation shall not affect the obligations of the Borrower to make a payment when due of any amount owing under the Credit Agreement or this
Swing Line Note in respect of the Swing Line Advances made by Swing Line Lender to the Borrower. 
 The principal amount of
the indebtedness evidenced hereby shall be payable in the amounts and on the dates specified in the Credit Agreement, the terms of which are hereby incorporated herein by reference. Interest thereon shall be paid until such principal amount is paid
in full at such interest rates and at such times, and pursuant to such calculations, as are specified in the Credit Agreement. In the event of any conflict or inconsistency between the Credit Agreement and this Swing Line Note, the Credit Agreement
shall control. 
 If any payment on this Swing Line Note becomes due and payable on a day other than a Business Day, the
maturity thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest thereon shall be payable at the then applicable rate during such extension. 

Upon and after the Facility Maturity Date, this Swing Line Note may, as provided in the Credit Agreement, and without demand,
notice or legal process of any kind, be declared, and immediately shall become, due and payable. 

 Time is of the essence of this Swing Line Note. Demand, presentment, protest and
notice of nonpayment and protest are hereby waived by Borrower. 

 THIS SWING LINE NOTE IS GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS
OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS MADE AND PERFORMED IN THAT STATE. 
  

					
	ANR SECOND RECEIVABLES FUNDING, LLC	 	
			
	 By:
	 	  
	 	
	 Name: Richard H. Verheij
	 	
	 Title: Secretary
	 	

 Exhibit 2.2(a) to 

Credit and Security Agreement 

FORM OF COMMITMENT REDUCTION NOTICE 

[Insert Date] 
 General Electric
Capital Corporation, 
 as Administrative Agent 

201 Merritt 7 
 Norwalk, CT 06851

 Attention: Drew Vinca 
 and

 General Electric Capital Corporation 

500 West Monroe Street 
 Chicago,
Illinois 60661 
 Attention: Senior Counsel-Corporate Finance 

Re:      Credit and Security Agreement dated as of September 19, 2014 

Ladies and Gentlemen: 

This notice is given pursuant to Section 2.2(a) of that certain Credit and Security Agreement dated as of
September 19, 2014 (the “Credit Agreement”), by and among ANR Second Receivables Funding, LLC (the “Borrower”), the financial institutions party thereto as revolving lenders (the “Revolving
Lenders”), the financial institutions party thereto as LC Lenders, Webster Business Credit Corporation and General Electric Capital Corporation, as swing line lender (the “Swingline Lender” and, together with the Revolving
Lenders, the “Lenders”) and as administrative agent for the Lenders (in such capacity, the “Administrative Agent”). Capitalized terms used and not otherwise defined herein shall have the respective meanings ascribed
to them in the Credit Agreement. 
 Pursuant to Section 2.2(a) of the Credit Agreement, the Borrower hereby
irrevocably notifies the Administrative Agent of its election to permanently reduce the Maximum Revolving Commitment Amount by an amount equal to [$            ], effective as of
[               ], [      ]. After giving effect to such reduction, the Maximum Revolving Commitment Amount will be equal to
[$            ]. 
  

					
	 Very truly yours,
	 	
			
	 [      ]
	 		 	
			
	 By
	 	  
	 	

 
					
	 Name    
	 	  
	 	
	 Title
	 	  
	 	

  
 Credit and Security
Agreement 

 Exhibit 2.2(b) to 

Credit and Security Agreement 

FORM OF COMMITMENT TERMINATION NOTICE 

[Insert Date] 
 General Electric
Capital Corporation, 
 as Administrative Agent 

201 Merritt 7 
 Norwalk, CT 06851

 Attention: Drew Vinca 
 and

 General Electric Capital Corporation 

500 West Monroe Street 
 Chicago,
Illinois 60661 
 Attention: Senior Counsel-Corporate Finance 

Re:      Credit and Security Agreement dated as of September 19, 2014 

Ladies and Gentlemen: 

This notice is given pursuant to Section 2.2(b) of that certain Credit and Security Agreement dated as of
September 19, 2014 (the “Credit Agreement”), by and among ANR Second Receivables Funding, LLC (the “Borrower”), the financial institutions party thereto as revolving lenders (the “Revolving
Lenders”), the financial institutions party thereto as LC Lenders, Webster Business Credit Corporation and General Electric Capital Corporation, as swing line lender (the “Swingline Lender” and, together with the Revolving
Lenders, the “Lenders”) and as administrative agent for the Lenders (in such capacity, the “Administrative Agent”). Capitalized terms used and not otherwise defined herein shall have the respective meanings ascribed
to them in the Credit Agreement. 
 Pursuant to Section 2.2(b) of the Credit Agreement, the Borrower hereby
irrevocably notifies the Administrative Agent of its election to terminate the Maximum Revolving Commitment Amount effective as of
[                 ], [      ]. 

 

					
	 Very truly yours,
	 	
			
	 [    ]
	 		 	
			
	 By
	 	  
	 	

 
					
	 Name
	 	  
	 	
	 Title
	 	  
	 	

  
 Credit and Security
Agreement 

 Exhibit 2.3(a) to 

Credit and Security Agreement 

FORM OF BORROWING REQUEST 

[Insert Date] 
 General Electric
Capital Corporation, 
 as Administrative Agent 

201 Merritt 7 
 Norwalk, CT 06851

 Attention: Drew Vinca 
 and

 General Electric Capital Corporation 

500 West Monroe Street 
 Chicago,
Illinois 60661 
 Attention: Senior Counsel-Corporate Finance 

Re:      Credit and Security Agreement dated as of September 19, 2014 

Ladies and Gentlemen: 

This notice is given pursuant to Section 2.3(a) of that certain Credit and Security Agreement dated as of
September 19, 2014 (the “Credit Agreement”), by and among ANR Second Receivables Funding, LLC (the “Borrower”), the financial institutions party thereto as revolving lenders (the “Revolving
Lenders”), the financial institutions party thereto as LC Lenders, Webster Business Credit Corporation and General Electric Capital Corporation, as swing line lender (the “Swingline Lender” and, together with the Revolving
Lenders, the “Lenders”) and as administrative agent for the Lenders (in such capacity, the “Administrative Agent”). Capitalized terms used and not otherwise defined herein shall have the respective meanings ascribed
to them in the Credit Agreement. 
 Pursuant to Section 2.3(a) of the Credit Agreement, the Borrower hereby
requests that a Borrowing be made to the Borrower on [              ], [        ], in the amount of
[$[        ],] to be disbursed to the Borrower in accordance with Section 2.3(b) of the Credit Agreement. The Borrower requests that such Borrowing be a [LIBOR Rate Advance][Index Rate
Advance]. 
 The Borrower hereby represents and warrants that the conditions set forth in Section 3.2 of the
Credit Agreement (and all other conditions precedent to such Borrowing in the Credit Agreement) have been satisfied. Attached hereto is a certificate setting forth a pro forma calculation of the Borrowing Base after giving effect to the
acquisition by the Borrower of new Transferred Receivables and the receipt of Collections since the date of the most recent Borrowing Base Certificate, and the making of such Borrowing. 

 

					
	 Very truly yours,
	 	
			
	 [      ]
	 		 	
			
	 By
	 	  
	 	

  
 Credit and Security
Agreement 

					
	 Name    
	 	  
	 	
	 Title
	 	  
	 	

  
 Credit and Security
Agreement 

 Exhibit 2.3(b)(iv) to 

Credit and Security Agreement 

FORM OF NOTICE OF CONVERSION/CONTINUATION 

GENERAL ELECTRIC CAPITAL CORPORATION 

as Administrative Agent under the Credit Agreement referred to below 

                     ,
         
 Re:      Alpha Second
Receivables Funding, LLC (the “Borrower”) 
 Reference is made to that certain Credit and Security Agreement
dated as of September 19, 2014 (including all annexes, exhibits and schedules thereto and as from time to time amended, restated, supplemented or otherwise modified, the “Credit Agreement”), by and among the Borrower, the
financial institutions party thereto as revolving lenders (the “Revolving Lenders”), the financial institutions party thereto as lc lenders, the Swing Line Lender, Webster Business Credit Corporation and the Administrative Agent.
Capitalized terms used herein but not otherwise defined herein shall have the respective meanings ascribed to such terms in the Credit Agreement. 

The Borrower hereby gives you irrevocable notice, pursuant to Section 2.3(b)(iv) of the Credit Agreement of its
request for the following (the “Proposed Conversion/Continuation”): 

(i)       a continuation, on
                ,         , as LIBOR Rate Advance of [Revolving Credit Advance] [Swing Line Advance] in an
aggregate outstanding principal amount of $                       having an Interest Period ending on the proposed date for such
continuation; 
 (ii)      a conversion, on
                ,         , to LIBOR Rate Advance of [Revolving Credit Advance] [Swing Line Advance] in an
aggregate outstanding principal amount of $                      ; and 

(iii)     a conversion, on
                ,         , to Index Rate Advance, of [Revolving Credit Advance] in an aggregate outstanding
principal amount of $                      . 

The undersigned hereby certifies that the following statements are true on the date hereof both before and after giving effect
to the Proposed Conversion/Continuation: 
 (i)       the representations
and warranties contained in the Credit Agreement and elsewhere in the Transaction Documents are true and correct in all material respects (it being understood that such materiality threshold shall not be applicable with respect to any clause of any
representation or warranty which itself contains a materiality qualification) with the same effect as though made on and as of such date, except to the extent such representations and warranties expressly relate to an earlier date, in which case
such representations and warranties were true and correct as of such earlier date; 

(ii)      the Outstanding Principal Amount does not exceed lesser of the Maximum
Revolving Commitment Amount and the Borrowing Base; 
 (iii)     the Outstanding
Principal Amount shall not exceed the lesser of the Maximum Revolving Commitment Amount and the Borrowing Base; 

  
 Credit and Security
Agreement 

 (iv)      there exists no
Termination Event or Incipient Termination Event; and 
 (v)       each
condition (including any such condition set forth in Section 2.3(b)(iv) of the Credit Agreement) to the action(s) contemplated in this notice has been satisfied; 

 

							
	ALPHA SECOND RECEIVABLES FUNDING, LLC, as the Borrower	 	
				
	 By:
	 	  
	 		 	
		 	 Name:
	 		 	
		 	 Title:
	 		 	

  
 Credit and Security
Agreement 

 Exhibit 2.3(g) to 

Credit and Security Agreement 

FORM OF REPAYMENT NOTICE 
 [Insert
Date] 
 General Electric Capital Corporation, 

as Administrative Agent 
 201
Merritt 7 
 Norwalk, CT 06851 

Attention: Drew Vinca 
 and 

General Electric Capital Corporation 

500 West Monroe Street 
 Chicago,
Illinois 60661 
 Attention: Senior Counsel-Corporate Finance 
  

	 	Re:	 Credit and Security Agreement dated as of September 19, 2014 

Ladies and Gentlemen: 

This notice is given pursuant to Section 2.3(g) of that certain Credit and Security Agreement dated as of
September 19, 2014 (the “Credit Agreement”), by and among ANR Second Receivables Funding, LLC (the “Borrower”), Webster Business Credit Corporation, the financial institutions party thereto as revolving lenders
(the “Revolving Lenders”), the financial institutions party thereto as LC Lenders and General Electric Capital Corporation, as swing line lender (the “Swingline Lender” and, together with the Revolving Lenders, the
“Lenders”) and as administrative agent for the Lenders (in such capacity, the “Administrative Agent”). Capitalized terms used and not otherwise defined herein shall have the respective meanings ascribed to them in
the Credit Agreement. 
 Pursuant to Section 2.3(g) of the Credit Agreement, the Borrower hereby notifies the
Administrative Agent of its repayment of the principal amount of outstanding [Revolving Credit Advances or Swing Line Advances] in an amount equal to [$            ] on
[                  ], [      ] (which is a Business Day). In connection therewith, the Borrower will pay to
the Administrative Agent (1) all interest accrued on the outstanding principal balance of [Revolving Credit Advances or Swing Line Advances] being repaid through but excluding the date of such repayment and (2) any and all amounts payable
under Section 2.15 of the Credit Agreement by virtue thereof. 
  

					
	 Very truly yours,
	 	
	 [    ]
	 		 	
			
	 By
	 	  
	 	

 
					
	 Name
	 	  
	 	
	 Title
	 	  
	 	

  
  

  
 Credit and Security
Agreement 

 Exhibit 2.10(D)-1 to 

Credit and Security Agreement 

FORM OF U.S. TAX COMPLIANCE CERTIFICATE 

(For Non-U.S. Lender Parties That Are Not Partnerships For U.S. Federal Income Tax Purposes) 

Reference is hereby made to the Credit and Security Agreement dated as of September 19, 2014 (as amended, supplemented or
otherwise modified from time to time, the “Credit Agreement”), by and among ANR Second Receivables Funding, LLC (the “Borrower”), Webster Business Credit Corporation, the financial institutions party thereto as
revolving lenders (the “Revolving Lenders”), the financial institutions party thereto as lc lenders and General Electric Capital Corporation, as swing line lender (the “Swingline Lender” and, together with the
Revolving Lenders, the “Lenders”) and as administrative agent for the Lenders (in such capacity, the “Administrative Agent”). 

Pursuant to the provisions of Section 2.10(b)(ii) of the Credit Agreement, the undersigned hereby certifies that
(a) it is the sole record and beneficial owner of the Advance(s) (as well as any Note(s) evidencing such Advance(s)) in respect of which it is providing this certificate, (b) it is not a bank within the meaning of Section 881(c)(3)(A)
of the IRC, (c) it is not a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the IRC and (d) it is not a controlled foreign corporation related to the Borrower as described in
Section 881(c)(3)(C) of the IRC. 
 The undersigned has furnished the Administrative Agent and the Borrower with a
certificate of its non-U.S. Person and FATCA status on IRS Form W-8BEN-E. By executing this certificate, the undersigned agrees that (a) if the information provided on this certificate changes, the undersigned shall promptly so inform the
Borrower and the Administrative Agent, and (b) the undersigned shall have at all times furnished the Borrower and the Administrative Agent with a properly completed and currently effective certificate in either the calendar year in which each
payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 
 Unless
otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement. 
  

			
	 [NAME OF LENDER]

		
	 By:
	 	 
		 	   Name:

		 	   Title:

 Date:                  ,
20     

 Exhibit 2.10(D)-2 to 

Credit and Security Agreement 

FORM OF U.S. TAX COMPLIANCE CERTIFICATE 

(For Foreign Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes) 

Reference is hereby made to the Credit and Security Agreement dated as of September 19, 2014 (as amended, supplemented or
otherwise modified from time to time, the “Credit Agreement”), by and among ANR Second Receivables Funding, LLC (the “Borrower”), Webster Business Credit Corporation, the financial institutions party thereto as
revolving lenders (the “Revolving Lenders”), the financial institutions party thereto as lc lenders and General Electric Capital Corporation, as swing line lender (the “Swingline Lender” and, together with the
Revolving Lenders, the “Lenders”) and as administrative agent for the Lenders (in such capacity, the “Administrative Agent”). 

Pursuant to the provisions of Section 2.10(b)(ii) of the Credit Agreement, the undersigned hereby certifies that
(a) it is the sole record and beneficial owner of the participation in respect of which it is providing this certificate, (b) it is not a bank within the meaning of Section 881(c)(3)(A) of the IRC, (c) it is not a ten percent
shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the IRC, and (d) it is not a controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the IRC. 

The undersigned has furnished its participating Lender with a certificate of its non-U.S. Person and FATCA status on IRS Form
W-8BEN-E. By executing this certificate, the undersigned agrees that (a) if the information provided on this certificate changes, the undersigned shall promptly so inform such Lender in writing, and (b) the undersigned shall have at all
times furnished such Lender with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 

Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them
in the Credit Agreement. 
  

			
	 [NAME OF PARTICIPANT]

		
	 By:
	 	 
		 	   Name:

		 	   Title:

 Date:                  ,
20     

 Exhibit 2.10(D)-3 to 

Credit and Security Agreement 

FORM OF U.S. TAX COMPLIANCE CERTIFICATE 

(For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes) 

Reference is hereby made to the Credit and Security Agreement dated as of September 19, 2014 (as amended, supplemented or
otherwise modified from time to time, the “Credit Agreement”), by and among ANR Second Receivables Funding, LLC (the “Borrower”), Webster Business Credit Corporation, the financial institutions party thereto as
revolving lenders (the “Revolving Lenders”), the financial institutions party thereto as lc lenders and General Electric Capital Corporation, as swing line lender (the “Swingline Lender” and, together with the
Revolving Lenders, the “Lenders”) and as administrative agent for the Lenders (in such capacity, the “Administrative Agent”). 

Pursuant to the provisions of Section 2.10(b)(ii) of the Credit Agreement, the undersigned hereby certifies that
(a) it is the sole record owner of the participation in respect of which it is providing this certificate, (b) its direct or indirect partners/members are the sole beneficial owners of such participation, (c) with respect such
participation, neither the undersigned nor any of its direct or indirect partners/members is a bank extending credit pursuant to a loan agreement entered into in the ordinary course of its trade or business within the meaning of
Section 881(c)(3)(A) of the IRC, (d) none of its direct or indirect partners/members is a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the IRC and (v) none of its direct or indirect
partners/members is a controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the IRC. 

The undersigned has furnished its participating Lender with IRS Form W-8IMY accompanied by one of the following forms from
each of its partners/members that is claiming the portfolio interest and FATCA exemption: (a) an IRS Form W-8BEN or W-8BEN-E, as applicable, or (b) an IRS Form W-8IMY accompanied by an IRS Form W-8BEN or W-8BEN-E, as applicable, from each
of such partner’s/member’s beneficial owners that is claiming the portfolio interest and FATCA exemption. By executing this certificate, the undersigned agrees that (y) if the information provided on this certificate changes, the
undersigned shall promptly so inform such Lender and (z) the undersigned shall have at all times furnished such Lender with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made
to the undersigned, or in either of the two calendar years preceding such payments. 
 Unless otherwise defined herein,
terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement. 
  

			
	 [NAME OF PARTICIPANT]

		
	 By:
	 	 
		 	   Name:

		 	   Title:

 Date:                  ,
20     

 Exhibit 2.10(D)-4 to 

Credit and Security Agreement 

FORM OF U.S. TAX COMPLIANCE CERTIFICATE 

(For Non-U.S. Lender Parties That Are Partnerships For U.S. Federal Income Tax Purposes) 

Reference is hereby made to the Credit and Security Agreement dated as of September 19, 2014 (as amended, supplemented or
otherwise modified from time to time, the “Credit Agreement”), by and among ANR Second Receivables Funding, LLC (the “Borrower”), Webster Business Credit Corporation, the financial institutions party thereto as
revolving lenders (the “Revolving Lenders”), the financial institutions party thereto as lc lenders and General Electric Capital Corporation, as swing line lender (the “Swingline Lender” and, together with the
Revolving Lenders, the “Lenders”) and as administrative agent for the Lenders (in such capacity, the “Administrative Agent”). 

Pursuant to the provisions of Section 2.10(b)(ii) of the Credit Agreement, the undersigned hereby certifies that
(a) it is the sole record owner of the [Advance](s) (as well as any Note(s) evidencing such Advance(s)) in respect of which it is providing this certificate, (b) its direct or indirect partners/members are the sole beneficial owners of
such Advance(s) (as well as any Note(s) evidencing such Advance(s)), (c) with respect to the extension of credit pursuant to this Credit Agreement or any other Transaction Document, neither the undersigned nor any of its direct or indirect
partners/members is a bank extending credit pursuant to a loan agreement entered into in the ordinary course of its trade or business within the meaning of Section 881(c)(3)(A) of the IRC, (d) none of its direct or indirect
partners/members is a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the IRC and (e) none of its direct or indirect partners/members is a controlled foreign corporation related to the Borrower as
described in Section 881(c)(3)(C) of the IRC. 
 The undersigned has furnished the Administrative Agent and the
Borrower with IRS Form W-8IMY accompanied by one of the following forms from each of its partners/members that is claiming the portfolio interest and FATCA exemption: (a) an IRS Form W-8BEN or W-8BEN-E, as applicable, or (b) an IRS Form
W-8IMY accompanied by an IRS Form W-8BEN or W-8BEN-E, as applicable, from each of such partner’s/member’s beneficial owners that is claiming the portfolio interest and FATCA exemption. By executing this certificate, the undersigned agrees
that (y) if the information provided on this certificate changes, the undersigned shall promptly so inform the Borrower and the Administrative Agent, and (z) the undersigned shall have at all times furnished the Borrower and the
Administrative Agent with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 

Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them
in the Credit Agreement. 
  
  

			
	 [NAME OF LENDER]

		
	 By:
	 	 
		 	   Name:

		 	   Title:

 Date:                  ,
20     
 Credit and Security Agreement 

 Exhibit 9.4 to 

Credit and Security Agreement 

Form of 
 POWER OF ATTORNEY 

This Power of Attorney is executed and delivered by [        ], as Borrower
(“Grantor”) under the Credit Agreement (as defined below), to General Electric Capital Corporation, as Administrative Agent under the Credit Agreement (hereinafter referred to as “Attorney”), pursuant to that
certain Credit and Security Agreement dated as of September 19, 2014 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), by and among Grantor, the lenders party thereto from
time to time, Webster Business Credit Corporation, the Grantor, and Attorney and the other Transaction Documents. Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to them in the Credit Agreement. No person to
whom this Power of Attorney is presented, as authority for Attorney to take any action or actions contemplated hereby, shall be required to inquire into or seek confirmation from Grantor as to the authority of Attorney to take any action described
below, or as to the existence of or fulfillment of any condition to this Power of Attorney, which is intended to grant to Attorney unconditionally the authority to take and perform the actions contemplated herein, and Grantor irrevocably waives any
right to commence any suit or action, in law or equity, against any person or entity that acts in reliance upon or acknowledges the authority granted under this Power of Attorney. The power of attorney granted hereby is coupled with an interest and
may not be revoked or cancelled by Grantor until all Borrower Obligations under the Transaction Documents have been indefeasibly paid in full and Attorney has provided its written consent thereto. 

Grantor hereby irrevocably constitutes and appoints Attorney (and all officers, employees or agents designated by Attorney),
with full power of substitution, as its true and lawful attorney in fact with full irrevocable power and authority in its place and stead and in its name or in Attorney’s own name, from time to time in Attorney’s discretion, to take any
and all appropriate action and to execute and deliver any and all documents and instruments that may be necessary or desirable to accomplish the purposes of the Credit Agreement, and, without limiting the generality of the foregoing, hereby grants
to Attorney the power and right, on its behalf, without notice to or assent by it, (a) upon the occurrence and during the continuance of any Termination Event, to do the following: (i) open mail for it, and ask, demand, collect, give
acquaintances and receipts for, take possession of, or endorse and receive payment of, any checks, drafts, notes, acceptances, or other instruments for the payment of moneys due in respect of Receivables, issue invoices in respect of Unbilled
Receivables and sign and endorse any invoices, freight or express bills, bills of lading, storage or warehouse receipts, drafts against debtors, assignments, verifications, and notices in connection with any Borrower Collateral; (ii) present
drafts and other documentation required to draw upon or enforce letters of credit and/or guaranties supporting or otherwise providing for payment of Receivables; (iii) pay or discharge any Taxes, Liens, or other encumbrances levied or placed on
or threatened against any Borrower Collateral; (iv) defend any suit, action or proceeding brought against it or any Borrower Collateral if the Grantor does not defend such suit, action or proceeding or if Attorney believes that it is not
pursuing such defense in a manner that will maximize the recovery to Attorney, and settle, compromise or adjust any suit, action, or proceeding described above and, in connection therewith, give such discharges or releases as Attorney may deem
appropriate; (v) file or prosecute any claim, Litigation, suit or proceeding in any court of competent jurisdiction or before any arbitrator, or take any other action otherwise deemed appropriate by Attorney for the purpose of collecting any
and all such moneys due with respect to any Borrower Collateral or otherwise with respect to the Transaction Documents whenever payable and to enforce any other right in respect of its property; and (vi) cause the certified public accountants
then engaged by it to prepare and 

  
 Credit and Security
Agreement 

 
deliver to Attorney at any time and from time to time, promptly upon Attorney’s request, any and all financial statements or other reports required to be delivered by or on behalf of Grantor
under the Transaction Documents, and (b) to sell, transfer, pledge, make any agreement with respect to, or otherwise deal with, any Borrower Collateral, and execute, in connection with such sale or action, any endorsements, assignments or other
instruments of conveyance or transfer in connection therewith, all as though Attorney were the absolute owner of its property for all purposes, and to do, at Attorney’s option and its expense, at any time or from time to time, all acts and
other things that Attorney reasonably deems necessary to perfect, preserve, or realize upon the Borrower Collateral and the Administrative Agent’s, Lenders’ and LC Lenders’ Liens thereon, all as fully and effectively as it might do.
Grantor hereby ratifies, to the extent permitted by law, all that said attorneys shall lawfully do or cause to be done by virtue hereof. 

 IN WITNESS WHEREOF, this Power of Attorney is executed by Grantor, and
Grantor has caused its seal to be affixed pursuant to the authority of its board of directors this          day of September, 2014. 

 

																			
		 		 		 		 		 		 		 	 GRANTOR:
	 	
									
		 		 		 		 		 		 		 	ANR SECOND RECEIVABLES FUNDING, LLC	 	
	 ATTEST:
	 		 		 		 		 		 		 		 	
										
	     
                                         
            
	 		 		 		 		 		 		 	 By:
	 	  
	 	
		 		 		 		 		 		 		 	 Name: Richard H. Verheij
	 	
		 		 		 		 		 		 		 	 Title: Secretary
	 	
										
	  
 STATE OF
                                 
   )
	 		 		 		 		 		 		 		 		 	
	
                             
                          ) ss:
	 		 		 		 		 		 		 		 		 	
	 COUNTY OF
                               )
	 		 		 		 		 		 		 		 		 	

 On September         , 2014, before more,
                                        ,
personally appeared, Richard H. Verheij, Secretary of ANR SECOND RECEIVABLES FUNDING, LLC, personally known to me or proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and
acknowledged to me that he/she/they executed the same in his/her/their authorized capacity, and that by his/her/their signature(s) on the instrument the person(s) or the entity upon behalf of which the person acted, executed the instrument. 

WITNESS my hand and official seal. 

 

					
	  
	 	
	 Notary Public
	 	
			
	 My Commission Expires:
	 	  
	 	

 Exhibit 12.2(b) to 

Credit and Security Agreement 

FORM OF ASSIGNMENT AGREEMENT 

This Assignment Agreement (this “Agreement”) is made as of
                     ,          by and between
                                         
                    (“Assignor Lender”) and
                                         
    (“Assignee Lender”) and acknowledged and consented to by GENERAL ELECTRIC CAPITAL CORPORATION, as administrative agent (“Administrative Agent”). All capitalized terms used in this Agreement and
not otherwise defined herein will have the respective meanings set forth in the Credit Agreement as hereinafter defined. 
 RECITALS: 

WHEREAS, that certain Credit and Security Agreement dated as of September 19, 2014 (the “Credit
Agreement”), has been entered into by ANR Second Receivables Funding, LLC (the “Borrower”), the financial institutions party thereto as revolving lenders (the “Revolving Lenders”), Webster Business Credit
Corporation, the financial institutions party thereto as lc lenders and General Electric Capital Corporation, as swing line lender (the “Swingline Lender” and, together with the Revolving Lenders, the “Lenders”),
and as administrative agent for the Lenders (in such capacity, the “Administrative Agent”), pursuant to which the Lenders (including the Assignor Lender) have agreed to make certain Advances to Borrower; 

WHEREAS, Assignor Lender desires to assign to Assignee Lender [all/a portion] of its interest in the Advances (as described
below) and the Borrower Collateral and to delegate to Assignee Lender [all/a portion] of its Revolving Commitment and other duties with respect to such Advances and Borrower Collateral; 

WHEREAS, Assignee Lender desires to become a Lender under the Credit Agreement and to accept such assignment and delegation
from Assignor Lender; and 
 WHEREAS, Assignee Lender desires to appoint the Administrative Agent to serve as agent for
Assignee Lender under the Credit Agreement; 
 NOW, THEREFORE, in consideration of the premises and the agreements,
provisions, and covenants herein contained, Assignor Lender and Assignee Lender agree as follows: 
  

	1.	 ASSIGNMENT, DELEGATION, AND ACCEPTANCE 

1.1         Assignment.   Assignor Lender hereby transfers and
assigns to Assignee Lender, without recourse and without representations or warranties of any kind (except as set forth in Section 3.2 below), [all/such percentage] of Assignor Lender’s right, title, and interest in the Advances,
Transaction Documents and Borrower Collateral as will result in Assignee Lender having as of the Effective Date (as hereinafter defined) a Pro Rata Share thereof, as follows: 
  

					
	 Assignee Lender’s Loans
	  	 Maximum Outstanding   Amount
	  	 Pro Rata Share

	 Advances
	  	 $                    
	  	         %

 Credit and Security Agreement 

  
 Exhibit 12. 2(b) 

Page-3 

1.2        Delegation.    Assignor Lender hereby
irrevocably assigns and delegates to Assignee Lender [all/a portion] of its Revolving Commitments and its other duties and obligations as a Lender under the Transaction Documents equivalent to [100%/      %] of
Assignor Lender’s Revolving Commitment (such percentage representing a commitment of $                  ). 

1.3        Acceptance by Assignee Lender.  By its execution of this
Agreement, Assignee Lender irrevocably purchases, assumes and accepts such assignment and delegation and agrees to be a Lender with respect to the delegated interest under the Transaction Documents and to be bound by the terms and conditions
thereof. By its execution of this Agreement, Assignor Lender agrees, to the extent provided herein, to relinquish its rights and be released from its obligations and duties under the Credit Agreement. 

1.4        Effective Date.  Such assignment and delegation by
Assignor Lender and acceptance by Assignee Lender will be effective and Assignee Lender will become a Lender under the Transaction Documents as of the date of this Agreement (“Effective Date”) and upon payment of the Assigned Amount
and the Assignment Fee (as each term is defined below). 
  

	2.	 INITIAL PAYMENT AND DELIVERY OF NOTES 

2.1        Payment of the Assigned Amount.    Assignee
Lender will pay to Assignor Lender, in immediately available funds, not later than 12:00 noon (New York City time) on the Effective Date, an amount equal to its Pro Rata Share of the then outstanding amount of the Advances as set forth above in
Section 1.1 together with accrued interest, fees and other amounts as set forth on Schedule 2.1 (the “Assigned Amount”). 

2.2        Payment of Assignment Fee.    [Assignor Lender]
[Assignee Lender] will pay to the Administrative Agent, for its own account in immediately available funds, not later than 12:00 noon (New York City time) on the Effective Date, an assignment fee in the amount of $3,500 (the “Assignment
Fee”) as required pursuant to Section 12.2(b) of the Credit Agreement. 

2.3        Execution and Delivery of Notes.  Following payment of the
Assigned Amount and the Assignment Fee, Assignor Lender will deliver to the Administrative Agent the Revolving Notes, if any, previously delivered to Assignor Lender for redelivery to Borrower and the Administrative Agent will obtain from Borrower
for delivery to [Assignor Lender and] Assignee Lender, new executed Revolving Notes evidencing Assignee Lender’s [and Assignor Lender’s respective] Pro Rata [Shares] in the Advances after giving effect to the assignment described in
Section 1. Each new Revolving Note will be issued in the aggregate maximum principal amount of the Revolving Commitment of [the Assignee Lender] [and the Assignor Lender]. 

 

	3.	 REPRESENTATIONS, WARRANTIES AND COVENANTS 

3.1        Assignee Lender’s Representations, Warranties and
Covenants.   Assignee Lender hereby represents, warrants, and covenants the following to Assignor Lender and the Administrative Agent: 

(a)        This Agreement is a legal, valid, and binding agreement of Assignee Lender,
enforceable according to its terms; 

  
 Credit and Security
Agreement 
 Exhibit 12. 2(b) 

Page-4 

 (b)        The execution and performance
by Assignee Lender of its duties and obligations under this Agreement and the Transaction Documents will not require any registration with, notice to, or consent or approval by any Governmental Authority; 

(c)        Assignee Lender is familiar with transactions of the kind and scope
reflected in the Transaction Documents and in this Agreement; 
 (d)        Assignee
Lender has made its own independent investigation and appraisal of the financial condition and affairs of the Borrower, Parent, the Originator, the Servicer and the Sellers, has conducted its own evaluation of the Advances, the Transaction Documents
and the Borrower’s, the Originator’s, Parent’s, the Servicer’s and the Sellers’ creditworthiness, has made its decision to become a Lender to Borrower under the Credit Agreement independently and without reliance upon
Assignor Lender, any other Lender or the Administrative Agent, and will continue to do so; 

(e)        Assignee Lender is entering into this Agreement in the ordinary course of
its business, and is acquiring its interest in the Advances for its own account and not with a view to or for sale in connection with any subsequent distribution; provided, however, that at all times the distribution of Assignee Lender’s
property shall, subject to the terms of the Credit Agreement, be and remain within its control; 

(f)        No future assignment or participation granted by Assignee Lender pursuant
to Section 12.2 of the Credit Agreement will require Assignor Lender, the Administrative Agent, or Borrower to file any registration statement with the Securities and Exchange Commission or to apply to qualify under the blue sky laws of
any state; 
 (g)        Assignee Lender will not enter into any written or oral
agreement with, or acquire any equity or other ownership interest in, the Borrower, the Originator, the Servicer, the Parent or the Sellers without the prior written consent of the Administrative Agent; and 

(h)        As of the Effective Date, Assignee Lender is entitled to receive payments
of principal and interest under the Credit Agreement without deduction for or on account of any taxes imposed by the United States of America or any political subdivision thereof and Assignee Lender will indemnify the Administrative Agent from and
against all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, or expenses that are not paid by the Borrower pursuant to the terms of the Credit Agreement. 

3.2        Assignor Lender’s Representations, Warranties and
Covenants.   Assignor Lender hereby represents, warrants and covenants the following to Assignee Lender: 

(a)        Assignor Lender is the legal and beneficial owner of the Assigned Amount;

 (b)        This Agreement is a legal, valid and binding agreement of Assignor
Lender, enforceable according to its terms; 
 (c)        The execution and
performance by Assignor Lender of its duties and obligations under this Agreement will not require any registration with, notice to or consent or approval by any Governmental Authority; 

  
 Credit and Security
Agreement 
 Exhibit 12. 2(b) 

Page-5 

 (d)          Assignor Lender
has full power and authority, and has taken all action necessary to execute and deliver this Agreement and to fulfill the obligations hereunder and to consummate the transactions contemplated hereby; 

(e)          Assignor Lender is the legal and beneficial owner of the
interests being assigned hereby, free and clear of any adverse claim, lien, encumbrance, security interest, restriction on transfer, purchase option, call or similar right of a third party; and 

(f)          This Agreement complies, in all material respects, with the
terms of the Transaction Documents. 
  

	4.	 LIMITATIONS OF LIABILITY 

Neither Assignor Lender (except as provided in Section 3.2) nor the Administrative Agent makes any
representations or warranties of any kind, nor assumes any responsibility or liability whatsoever, with regard to (a) the Transaction Documents or any other document or instrument furnished pursuant thereto or the Advances or other Borrower
Obligations, (b) the creation, validity, genuineness, enforceability, sufficiency, value or collectibility of any of them, (c) the amount, value or existence of the Borrower Collateral, (d) the perfection or priority of any Lien upon
the Borrower Collateral, or (e) the financial condition of Borrower, the Parent, the Originator, the Servicer, or the Sellers or other Person or the performance or observance by Borrower, the Parent, the Originator, the Servicer or the Sellers
of its obligations under any of the Transaction Documents. Neither Assignor Lender nor the Administrative Agent has or will have any duty, either initially or on a continuing basis, to make any investigation, evaluation, appraisal of, or any
responsibility or liability with respect to the accuracy or completeness of, any information provided to Assignee Lender which has been provided to Assignor Lender or the Administrative Agent by Borrower, the Parent or the Sellers or any other party
to a Transaction Document. Nothing in this Agreement or in the Transaction Documents shall impose upon the Assignor Lender or the Administrative Agent any fiduciary relationship in respect of the Assignee Lender. 

 

	5.	 FAILURE TO ENFORCE 

No failure or delay on the part of the Administrative Agent or Assignor Lender in the exercise of any power, right, or
privilege hereunder or under any Transaction Document will impair such power, right, or privilege or be construed to be a waiver of any default or acquiescence therein. No single or partial exercise of any such power, right, or privilege will
preclude further exercise thereof or of any other right, power, or privilege. All rights and remedies existing under this Agreement are cumulative with, and not exclusive of, any rights or remedies otherwise available. 

 

	6.	 NOTICES 

Unless otherwise specifically provided herein, any notice or other communication required or permitted to be given will be in
writing and addressed to the respective party as set forth below its signature hereunder, or to such other address as the party may designate in writing to the other. 
  

	7.	 AMENDMENTS AND WAIVERS 

No amendment, modification, termination, or waiver of any provision of this Agreement will be effective without the written
concurrence of Assignor Lender, the Administrative Agent and Assignee Lender. 

  
 Credit and Security
Agreement 
 Exhibit 12. 2(b) 

Page-6 

	8.	 SEVERABILITY 

Whenever possible, each provision of this Agreement will be interpreted in such manner as to be effective and valid under
applicable law. In the event any provision of this Agreement is or is held to be invalid, illegal, or unenforceable under applicable law, such provision will be ineffective only to the extent of such invalidity, illegality, or unenforceability,
without invalidating the remainder of such provision or the remaining provisions of the Agreement. In addition, in the event any provision of or obligation under this Agreement is or is held to be invalid, illegal, or unenforceable in any
jurisdiction, the validity, legality, and enforceability of the remaining provisions or obligations in any other jurisdictions will not in any way be affected or impaired thereby. 

 

	9.	 SECTION TITLES 

Section and Subsection titles in this Agreement are included for convenience of reference only, do not constitute a part of
this Agreement for any other purpose, and have no substantive effect. 
  

	10.	 SUCCESSORS AND ASSIGNS 

This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and
assigns. 
  

	11.	 APPLICABLE LAW 

THIS AGREEMENT AND THE OBLIGATIONS ARISING HEREUNDER IN ALL RESPECTS, INCLUDING ALL MATTERS OF CONSTRUCTION, VALIDITY AND
PERFORMANCE (INCLUDING, WITHOUT LIMITATION, ANY CLAIMS SOUNDING IN CONTRACT OR TORT LAW ARISING OUT OF THE SUBJECT MATTER HEREOF AND ANY DETERMINATION WITH RESPECT TO POST-JUDGMENT INTEREST), BE GOVERNED BY, AND CONSTRUED AND ENFORCED IN ACCORDANCE
WITH, THE LAWS OF THE STATE OF NEW YORK WITHOUT GIVING EFFECT TO THE CONFLICTS OF LAWS PRINCIPLES THEREOF OTHER THAN SECTIONS 5-1401 AND 5-1402 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK). 

 

	12.	 DEFINED TERMS.  

Capitalized terms used and not otherwise defined herein shall have the respective meanings ascribed to them in the Credit
Agreement. 
  

	13.	 COUNTERPARTS 

This Agreement and any amendments, waivers, consents, or supplements may be executed in any number of counterparts and by
different parties hereto in separate counterparts, each of which, when so executed and delivered, will be deemed an original and all of which shall together constitute one and the same instrument. 

  
 Credit and Security
Agreement 
 Exhibit 12. 2(b) 

Page-7 

 IN WITNESS WHEREOF, this Agreement has been duly executed as of the date first
written above. 

 

					
	 Assignee Lender
	 	
		
	  
	 	
			
	 By:
	 	  
	 	

					
			
	 Name:
	 	  
	 	
			
	 Title:
	 	  
	 	
			
		 		 	
	 Notice Address
	 	
		
	 Account Information
	 	
		
	 Acknowledged and Consented to:
	 	

					
	 Assignor Lender
	 	
		
	  
	 	
			
	 By:
	 	  
	 	

					
			
	 Name:
	 	  
	 	
			
	 Title:
	 	  
	 	
			
		 		 	
	 Notice Address
	 	
		
	 Account Information
	 	
		 		 	

 
 

  
 GENERAL ELECTRIC CAPITAL
CORPORATION, 

			
	      as Administrative Agent

		
	 By:
	 	  

		 	 Name:

		 	 Title:

	
	 ANR Second Receivables Funding, LLC1

	      as the Borrower

		
	 By:
	 	  

		 	 Name:

		 	 Title:

  
  

1  Include Borrower’s signature block if required pursuant to the Credit
Agreement in connection with the related assignment. 

  
 Credit and Security
Agreement 
 Exhibit 12. 2(b) 

Page-8 

 SCHEDULE 2.1 

to 
 CREDIT AND SECURITY AGREEMENT

 ASSIGNOR LENDER’S LOANS 

Principal Amount 
  

					
	 Revolving Credit Advances
	  	$                              
		
	 Swing Line Participation Amount
	  	$                              
		
	 LC Participation Amount

Accrued Interest
	  	$                              
		  	$                              
		
	 Unused Fee
	  	$                              
			
	 Other + or -
	  	$                              	  	$                              
			
		  	Total  $                              	  	

  
 All determined as of the Effective Date 

  
 Credit and Security
Agreement 

	
	 SCHEDULE 4.1(b)
  

to
  

CREDIT AND SECURITY AGREEMENT
  

JURISDICTION OF ORGANIZATION; EXECUTIVE OFFICES; COLLATERAL LOCATIONS; LEGAL NAME

 
  

[Separately Delivered to Administrative Agent]

  
 Credit and Security
Agreement 

 ANNEX 5.2(a) 

to 
 CREDIT AND SECURITY AGREEMENT

 REPORTING REQUIREMENTS OF THE BORROWER 

The Borrower shall furnish, or cause the Servicer to furnish, to each Lender and the Administrative Agent: 

 

	 	(a)	 Reporting. 

(i)          Monthly Reports.  As soon as available, and in any
event no later than 11:00 a.m. (New York time) on each Monthly Report Date, a monthly report (a “Monthly Report”) in the form attached hereto prepared by the Borrower as of the last day of the previous calendar month, together with
the following (in each case calculated with sufficient detail and/or containing sufficient detail, as determined by the Administrative Agent in its sole discretion): 

(A)        a roll-forward of the Outstanding Balances of all
Receivables; 
 (B)        a Borrowing Base calculation (updating
all categories of ineligible Receivables and all categories of Eligible Receivables that are subject to a concentration limit for purposes of calculating the Borrowing Base); 

(C)        an aging summary in respect of all Receivables as of the
last day of the previous calendar month; 

(D)        [Reserved.]; 

(E)        a schedule listing the ten Obligors (and the Outstanding
Balance of all Receivables owing by such Obligors) owing the largest Outstanding Balances of Receivables as of the last day of the previous calendar month; 

(F)        a calculation of the Dynamic Advance Rate for both
Unbilled Receivables and Billed Receivables as of the last day of the previous calendar month; 

(G)        a calculation of the Defaulted Receivable Trigger Ratio,
the Delinquency Trigger Ratio, the Dilution Trigger Ratio and the Turnover Days, in each case, as of the last day of the previous calendar month; 

(H)        a schedule of all Unbilled Receivables as of the last day
of the previous calendar month; 
 (I)        the Outstanding
Balances, and descriptions (as may be reasonably requested by the Administrative Agent) of, all Receivables as of the last day of the previous calendar month that are Ineligible Receivables as of the last day of the previous calendar month; and 

  
 Credit and Security
Agreement 

 (J)        (x) the
Excess Concentration Amount in respect of all Obligors and (y) any reduction in the Net Eligible Receivables Balance by virtue of clause (C) of the definition of Net Eligible Receivables Balance set forth in Annex X, in each
case, based upon the Outstanding Balance of all Billed Receivables as of the last day of the previous calendar month; 

(K)        a calculation, in reasonable detail, of Applicable
Liquidity as of the last day of the previous calendar month; 

(L)        a schedule of all Permitted Foreign Receivables and all
Special Obligor Receivables as of the last day of the previous calendar month; 

 (M)      if the Funding Availability Adjusted Amount is less than 15% of
the Maximum Revolving Commitment Amount, a calculation in reasonable detail of the Fixed Charge Coverage Ratio of Parent and its Subsidiaries, determined as of the last day of the most recently ended fiscal quarter of Parent; 

(N)        [Reserved.]; 

(O)        a schedule of all Excluded Receivables; 

(P)        Schedule II to the Sale Agreement, updated to be current
as of the last day of the month covered by the Monthly Report, including a marked version to the previously delivered Schedule II to the Sale Agreement in the event there have been changes; and 

(Q)        an Approved Confirming LC Bank List, updated as
appropriate. 
 Notwithstanding the foregoing, in the event that any Account Control Event has occurred and is continuing,
the Borrower shall furnish, or cause the Servicer to furnish, to each Lender and the Administrative Agent, a report containing the information that is required to be set forth in the Monthly Report (and in a substantially identical form) each week
(any such report, a “Weekly Report”) and on each Business Day, a report of the gross Outstanding Balance of the Borrower’s Receivables as of the close of the immediately preceding Business Day (any such report, a “Daily
Report”), as requested by the Administrative Agent; provided, that Borrower shall remain obligated to furnish, or cause the Servicer to furnish, the Monthly Report. 

(b)         Financial Statements. 

(i)        As soon as available, but in any event within 90 days after the end of
each fiscal year of the Parent, the consolidated balance sheet and related statements of income, stockholders’ equity and cash flows showing the financial condition of the Parent and its consolidated subsidiaries as of the close of such fiscal
year and the results of the operations of such Persons during such year, together with comparative figures for the immediately preceding fiscal year, all in reasonable detail and prepared in accordance with GAAP, all audited by KPMG or other
independent public accountants of recognized national standing and accompanied by an opinion of such accountants (which opinion shall be without a “going concern” or like qualification or exception and without any qualification or
exception as to the scope of such audit) to the effect that such consolidated financial statements fairly present the financial condition and results of operations of the Parent and its consolidated subsidiaries on a consolidated basis in accordance
with GAAP (it being understood that the filing with the Securities and Exchange 

  
 Credit and Security
Agreement 

 
Commission by the Parent of annual reports on Form 10-K shall be deemed to satisfy the requirements of this paragraph (b)(i)). 

(ii)        (x) Commencing with the fiscal quarter ended September 30, 2014, as
soon as available, but in any event within forty-five (45) days after the end of each of the first three (3) fiscal quarters of each fiscal year of the Parent, (y) the consolidated balance sheet and related statements of operations,
stockholders’ equity and cash flows showing the financial condition of the Parent and its consolidated subsidiaries as of the close of such fiscal quarter and the results of the operations of such Persons during such fiscal quarter and the then
elapsed portion of the fiscal year, comparative figures for the same periods in the immediately preceding fiscal year, all certified by one of its Authorized Officers as fairly presenting in all material respects the financial condition and results
of operations of the Parent and its consolidated subsidiaries on a consolidated basis in accordance with GAAP, subject to normal year-end audit adjustments and the absence of footnotes; and (z) if prepared, the unaudited financial statements
for the Borrower (it being understood that the filing with the Securities and Exchange Commission by the Parent of quarterly reports on Form 10-Q shall be deemed to satisfy the requirements of this paragraph (b)(ii)); 

(iii)      within 90 days after the beginning of each fiscal year, an operating and
capital expenditure budget, in form satisfactory to the Administrative Agent prepared by the Parent for each of the four fiscal quarters of such fiscal year prepared in reasonable detail, of the Parent and its Subsidiaries, accompanied by the
statement of an Authorized Officer of the Parent to the effect that, to the best of his knowledge, the budget is a reasonable estimate for the period covered thereby (it being understood that the operating and expenditure budget prepared and
delivered by the Parent pursuant to the requirements of the Senior Credit Agreement shall be deemed to satisfy the requirements of this paragraph (b)(iii)); and 

(iv) simultaneously with the delivery of each set of financial statements referred to in clauses (i) and
(ii) above, (x) a certificate of an Authorized Officer of the Parent certifying that to such Authorized Officer’s knowledge, no Termination Event or Incipient Termination Event has occurred or, if a Termination Event or an Incipient
Termination Event has occurred, reasonably specifying the nature thereof and (y) the related consolidating financial information reflecting the adjustments necessary to eliminate the accounts of Unrestricted Subsidiaries (as defined in the
Senior Credit Agreement) from the Parent’s consolidated income statement (but only to the extent and in the form required to be delivered pursuant to the Senior Credit Agreement); 

(c)          Amendments to Credit and Collection Policy; Board
Resolutions. 
 (i)        A copy of any proposed amendment or modification to
the Credit and Collection Policy. 
 (ii)       Promptly upon any modification of the terms
of any resolutions of its board of managers of the Borrower, a copy of such modification. 

(d)          Compliance Certificate. No later than five (5) days
after the delivery of the financial statements referred to in (b)(i) or (b)(ii), duly completed certificates (each, a “Compliance Certificate”) of an Authorized Officer of the Parent and the Borrower in the forms attached hereto.

 (e)          Default Notices. As soon as practicable, and in any
event within five (5) Business Days after an Authorized Officer of the Borrower has actual knowledge of the existence thereof or has received notice of the same from the Servicer pursuant to Section 2.1(o) of the Servicing
Agreement, telephonic or emailed notice of each of the following events, in each case specifying the nature and anticipated effect 

  
 Credit and Security
Agreement 

 
thereof and what action, if any, the Borrower proposes to take with respect thereto, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day: 

(i)         any Incipient Termination Event or Termination
Event; 
 (ii)        the commencement of a case or proceeding by
or against the Originator, the Borrower, the Parent, the Servicer or any Seller, seeking a decree or order in respect of the Originator, the Borrower, the Parent, the Servicer or any Seller (A) under the Bankruptcy Code or any other applicable
federal, state or foreign bankruptcy or other similar law, (B) appointing a custodian, receiver, liquidator, assignee, trustee or sequestrator (or similar official) for the Originator, the Borrower, the Parent, the Servicer or any Seller or for
any substantial part of its respective assets, or (C) ordering the winding up or liquidation of the affairs of the Borrower, the Parent, the Servicer, any Seller; 

(iii)        the receipt of notice that (A) the Originator, the
Borrower, the Parent, the Servicer or any Seller is being placed under regulatory supervision, (B) any license, permit, charter, registration or approval necessary for the conduct of the business of the Borrower, the Parent, the Servicer or any
Seller is to be, or may be, suspended or revoked, or (C) the Originator, the Borrower, the Parent, the Servicer or any Seller is to cease and desist any practice, procedure or policy employed by it in the conduct of its business, in the case of
each of clauses (A), (B) and (C) above, if any such action would reasonably be expected to have a Material Adverse Effect; 

(iv)        the occurrence of any event that would have a material
adverse effect on the aggregate value of the Borrower Collateral or on the assignments and security interest created pursuant to the Receivables Sale Agreement or the Sale Agreement; 

(v) any other event, circumstance or condition that has had or would reasonably be expected to have a
Material Adverse Effect. 
 (f)        [Reserved.] 

(g)        Other Reports.   Promptly after the furnishing
thereof, copies of any material requests or material notices received by the Parent, the Originator, the Borrower, or any Seller (other than in the ordinary course of business) or material statements or material reports furnished to any holder of
debt securities of any such Person or of any of its Subsidiaries pursuant to the terms of the Senior Credit Agreement or any other financing in an principal amount greater than $25,000,000, and not otherwise required to be furnished to pursuant to
this Annex 5.2(a); provided that such reports are furnished solely for informational purposes and shall in no way constitute any certification, representation, warranty or covenant to the Administrative Agent or any Lender with respect to the
contents thereof. 
 (h)        Other
Documents.      Such other financial and other information respecting the Receivables, the Contracts therefor or the condition or operations, financial or otherwise, of the Borrower, the Originator, any Seller, or
the Parent as any Lender or Administrative Agent shall, from time to time, reasonably request. 

(i)        PATRIOT ACT.      After the request by
any Lender, all documentation and other information that such Lender reasonably requests in order to comply with its ongoing obligations under applicable “know your customer” and anti-money laundering rules and regulations, including the
USA PATRIOT Act. 

  
 Credit and Security
Agreement 

 (j)        ERISA
Notices.  Promptly after a written request therefor, copies of all reports and notices that any Seller, the Originator, the Borrower, the Servicer or the Parent, or any of its other Subsidiaries files pursuant to ERISA with the IRS or
the PBGC or the U.S. Department of Labor or that any Seller, the Borrower, the Parent, any Originator, or any of its other Subsidiaries receives from any of the foregoing or from any multiemployer plan (within the meaning of section 4001(a)(3) of
ERISA) to which such Person is or was, within the preceding five years, a contributing employer, in each case in respect of any accumulated funding deficiency under ERISA, any “Reportable Event” or any assessment of withdrawal liability
under ERISA or any other event or condition which would, in the aggregate, reasonably be expected to result in a Material Adverse Effect. 

(k)        Litigation.  Promptly upon learning thereof, written
notice of any Litigation affecting the Borrower, the Receivables or the Borrower Collateral, whether or not fully covered by insurance, and regardless of the subject matter thereof that (i) seeks damages in excess of $25,000,000.00,
(ii) seeks to enjoin or otherwise prevent consummation of, or to obtain relief as a result of, the transactions contemplated by the Transaction Documents, (iii) is asserted or instituted against any Plan, its fiduciaries (in their capacity
as a fiduciary of any such Plan) or against the Seller or any ERISA Affiliate of the Borrower in connection with such Plan, and in each case that would reasonably be expected to have a Material Adverse Effect, (iv) alleges criminal misconduct
by the Borrower, any Seller, the Originator, the Servicer or the Parent or (v) has had, or if determined adversely, would reasonably be expected to have a Material Adverse Effect. 

(l)        Other Documents.        Such
other financial and other information respecting the Receivables, the Contracts therefor or the condition or operations, financial or otherwise, of the any Seller, the Originator, the Borrower, the Servicer or the Parent, or any of its other
Subsidiaries, as any Lender or Administrative Agent shall, from time to time, reasonably request. 

  
 Credit and Security
Agreement 

 Forms of Compliance Certificates 

[Attached] 

  
 Credit and Security
Agreement 

 FORM OF COMPLIANCE CERTIFICATE OF PARENT 

General Electric Capital Corporation, 

as Administrative Agent 
 201
Merritt 7 
 Norwalk, CT 06851 

Attention: Drew Vinca 
 and 

General Electric Capital Corporation 

500 West Monroe Street 
 Chicago,
Illinois 60661 
 Attention: Senior Counsel-Corporate Finance 

Re: Credit and Security Agreement dated as of September 19, 2014 

COMPLIANCE CERTIFICATE OF PARENT 

This Compliance Certificate is furnished on the date hereof to General Electric Capital Corporation (“GECC”),
in its capacity as Administrative Agent under the Credit and Security Agreement dated as of September 19, 2014 (the “Credit Agreement”), by and among ANR Second Receivables Funding, LLC, the financial institutions party thereto
as revolving lenders, the financial institutions party thereto as lc lenders, Webster Business Credit Corporation and General Electric Capital Corporation, as swing line lender and as administrative agent for the Lenders Capitalized terms used
herein unless otherwise defined shall have the meaning ascribed in the Credit Agreement. 
 THE UNDERSIGNED HEREBY CERTIFIES THAT: 

1.    I am an Authorized Officer of Alpha Natural Resources, Inc. (“Parent”). 

2.    The financial statements of the Parent and its consolidated subsidiaries for the most recently ended
accounting period of Parent are available at the Parent’s website at www.alphanr.com. Based on my knowledge, the financial statements present fairly in all material respects the financial position and results of operations of the Parent and its
subsidiaries in accordance with GAAP (subject only to normal year-end adjustments and the absence of footnotes) for the period covered in such financial statements. 

3.    Attached hereto as Exhibit B are calculations in reasonable detail, as of the last day of the
most recently completed accounting period, reflecting compliance with Section 5.2 of the Credit Agreement. 
  

The foregoing certifications are made and delivered this         day of
            , 20      . 
 ALPHA
NATURAL RESOURCES, INC.                         

			
	 By
	 	  

		 	   Name:

		 	   Title:

 FORM OF COMPLIANCE CERTIFICATE OF BORROWER 

General Electric Capital Corporation, 

as Administrative Agent 
 201
Merritt 7 
 Norwalk, CT 06851 

Attention: Drew Vinca 
 and 

General Electric Capital Corporation 

500 West Monroe Street 
 Chicago,
Illinois 60661 
 Attention: Senior Counsel-Corporate Finance 

Re:  Credit and Security Agreement dated as of September 19, 2014 

COMPLIANCE CERTIFICATE OF BORROWER 

This Compliance Certificate is furnished on the date hereof to General Electric Capital Corporation (“GECC”),
in its capacity as Administrative Agent under the Credit and Security Agreement dated as of September 19, 2014 (the “Credit Agreement”), by and among ANR Second Receivables Funding, LLC (the “Borrower”), the financial
institutions party thereto as revolving lenders, the financial institutions party thereto as lc lenders, Webster Business Credit Corporation and General Electric Capital Corporation, as swing line lender and as administrative agent for the Lenders
Capitalized terms used herein unless otherwise defined shall have the meaning ascribed in the Credit Agreement. 
 THE UNDERSIGNED HEREBY
CERTIFIES THAT: 
 1.    I am an Authorized Officer of the Borrower. 

2.    (a) On behalf of the Borrower, I have reviewed the terms of the Credit Agreement and (b) I have
made, or have caused to be made under my supervision, a detailed review of the transactions and conditions of Alpha Natural Resources, Inc. and the Borrower, as applicable during the accounting period covered by the attached financial statements.

 3.    [The most recently filed Form 10-Q of Alpha Natural Resources, Inc. (the
“Parent”) is available at the following website: www.alphanr.com. Based on my knowledge, the Form 10-Q presents fairly
in all material respects the financial position and results of operations of the Parent on a consolidated basis in accordance with GAAP (subject only to normal year-end adjustments and the absence of footnotes) for the period covered in such Form
10-Q.]2 
 4.    Based on my knowledge, no
Incipient Termination Event or Termination Event has occurred and was continuing at the end of the accounting period covered by the attached financial statements or as of the date of this Certificate. 

 
 2 The bracketed language will only be included with the fourth quarter/year-ended certificate 

 The foregoing certifications are made and delivered
this         day of         , 20    . 

 

					
	 ANR SECOND RECEIVABLES FUNDING, LLC

			
		 	 By 
	 	  

		 		 	   Name:

		 		 	   Title:

 ANNEX U 

to 
 CREDIT AND SECURITY AGREEMENT

 INDEBTEDNESS 

1.          Definition of Indebtedness. 

“Indebtedness” of any person shall mean, without duplication, (a) all obligations of such person for
borrowed money, (b) all obligations of such person evidenced by debentures, promissory notes or similar instruments evidencing obligations for borrowed money, (c) all obligations of such person issued or assumed as the deferred purchase
price of property or services (other than current trade liabilities, but not any refinancings, extensions, renewals or replacements thereof, incurred in the ordinary course of business and maturing within 365 days after the incurrence thereof),
(d) all Indebtedness of others secured by any Lien on property owned or acquired by such person, whether or not the obligations secured thereby have been assumed or are limited in recourse, but limited to the fair market value of such property,
(e) all Guarantees by such person of Indebtedness of others, (f) all Capital Lease Obligations of such person, (g) all payments that such person would have to make in the event of an early termination, on the date Indebtedness of such
person is being determined, in respect of outstanding Swap Agreements, and (h) the principal component of all obligations, contingent or otherwise, of such person as an account party in respect of standby letters of credit, but not trade
letters of credit, but only to the extent such standby letters of credit have been drawn upon and not reimbursed thereafter within thirty (30) days. The Indebtedness of any person shall include the Indebtedness of any partnership in which such
person is a general partner, other than to the extent that the instrument or agreement evidencing such Indebtedness expressly limits the liability of such person in respect thereof. The amount of any such Indebtedness shall be the principal amount
thereof and the effects of FASB ASC 825 and FASB ASC 470-20 on financial liabilities shall be disregarded. To the extent not otherwise included, if applicable, Indebtedness shall include the amount of any Permitted Receivables Financing (as defined
in the Senior Credit Agreement). With respect to the Parent, Indebtedness shall not include (x) with respect to any equity-linked security, the equity credit reflected on the most recent balance sheet of the Parent delivered pursuant to
Section 5.04(a) or (b) of the Senior Credit Agreement, (y) obligations not incurred in connection with borrowed money, except to the extent expressly provided above, and without limitation shall not include (i) bid bonds,
performance bonds, completion bonds, surety bonds, appeal bonds and other similar bonds, guarantees or obligations, (ii) purchase price adjustments, earn outs or similar obligations incurred in connection with the disposition of any assets,
(iii) reimbursement obligations, (iv) indemnification obligations, (v) letters of credit, bank guarantees or similar instruments to secure any of the foregoing, to the extent such letters of credit, bank guarantees or similar
instruments have not been drawn upon or, if drawn upon, have not been reimbursed thereafter within thirty (30) days or (vi) obligations resulting from cash management services and (z) any liabilities of the Parent or any Restricted
Subsidiary to the Parent or any Restricted Subsidiary. 

2.          Other Defined Terms.   The following
additional terms shall have the meanings set forth below when used in this Annex U. Other capitalized terms used herein and not otherwise defined herein shall have the meanings attributed to such terms in the Senior Credit Agreement. 

“Capital Lease Obligations” of any person shall mean the obligations of such person to pay rent or other
amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital leases on a balance sheet of such person
under GAAP and, for purposes hereof, the amount 

  
 Credit and Security
Agreement 
 Annex U 

 
of such obligations at any time shall be the capitalized amount thereof at such time determined in accordance with GAAP. 

“Guarantee” of or by any person (the “guarantor”) shall mean (a) any obligation,
contingent or otherwise, of the guarantor guaranteeing or having the economic effect of guaranteeing any Indebtedness of any other person (the “primary obligor”) in any manner, whether directly or indirectly, and including any
obligation of the guarantor, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness (whether arising by virtue of partnership arrangements, by agreement to keep well, to purchase
assets, goods, securities or services, to take-or-pay or otherwise) or to purchase (or to advance or supply funds for the purchase of) any security for the payment of such Indebtedness, (ii) to purchase or lease property, securities or services
for the purpose of assuring the owner of such Indebtedness of the payment thereof, (iii) to maintain working capital, equity capital or any other financial statement condition or liquidity of the primary obligor so as to enable the primary
obligor to pay such Indebtedness, (iv) entered into for the purpose of assuring in any other manner the holders of such Indebtedness of the payment thereof or to protect such holders against loss in respect thereof (in whole or in part) or
(v) as an account party in respect of any letter of credit or letter of guaranty issued to support such Indebtedness, or (b) any Lien on any assets of the guarantor securing any Indebtedness (or any existing right, contingent or otherwise,
of the holder of Indebtedness to be secured by such a Lien) of any other person, whether or not such Indebtedness is assumed by the guarantor; provided, however, that the term “Guarantee” shall not include endorsements for
collection or deposit, in either case in the ordinary course of business, or customary and reasonable indemnity obligations or entered into in connection with any acquisition or disposition of assets permitted under this Agreement. 

“Ordinary Course of Business” means, in respect of any transaction involving any Person, the ordinary course
of such Person’s business, as conducted by any such Person in accordance with past practice and undertaken by such Person in good faith and not for purposes of evading any covenant or restriction in any contract, instrument, indenture or other
agreement to which they are a party. 
 “Property” means any interest in any kind of property or asset,
whether real, personal or mixed, and whether tangible or intangible. 
 “Restricted Subsidiary” shall have
the meaning set forth in the Senior Credit Agreement. 
 “Swap Agreement” shall mean any agreement with
respect to any swap, forward, future or derivative transaction or option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or
pricing indices or measures of economic, financial or pricing risk or value or any similar transaction or any combination of these transactions; provided that no phantom stock or similar plan providing for payments only on account of services
provided by current or former directors, officers, employees or consultants of the Parent or any of its Restricted Subsidiaries shall be a Swap Agreement. 

  
 Credit and Security
Agreement 
 Annex U 

 ANNEX V 

to 
 CREDIT AND SECURITY AGREEMENT

 FIXED CHARGE COVERAGE RATIO 
  

1.    “Fixed Charge Coverage Ratio” for any period is defined as follows: 

 

			
	 Cash Flow
	    	$                    
		
	 Fixed Charges:
	    	
		
	 Net Interest Expense
	    	$                    
		
	 Plus:    Scheduled principal payments of Indebtedness during such period
	    	$                    
		
	 Taxes on or measured by income paid or payable in cash during such period
	    	$                    
		
	 Other Restricted Payments paid in cash during such period (excluding dividends from Subsidiaries of Parent to Parent or other Subsidiaries
of Parent)
	    	$                    
		
	 Fixed Charges
	    	$                    
		
	 Fixed Charge Coverage Ratio (Cash Flow divided by Fixed Charges)
	    	                
                
	
	 2.    Definition of Capital Expenditures and Unfinanced Capital Expenditures.

	
	 “Capital Expenditures” and “Unfinanced Capital Expenditures” are defined as follows:

					
		
	 The aggregate of all expenditures and other obligations for the relevant period which should be capitalized under GAAP
	    	$                    
			
	 Less:
	 	 Net Cash Proceeds from Asset Dispositions which are included above and which are not required to make payments under the Senior Credit Agreement
	    	$                    
			
		 	 To the extent included above, expenditures financed with cash Equity Issuance Proceeds
	    	$                    
			
		 	 To the extent included above, amounts paid as the purchase price in an Asset Acquisition
	    	  
  
  

$                    

  
 Credit and Security
Agreement 
 Annex W 

					
	 Capital Expenditures
	    	$                                
			
	 Less:
	 	 Portion of Capital Expenditures financed under Capital Leases or with proceeds of other long term Indebtedness incurred substantially concurrently with such
expenditure
	    	$                    
		
	 Unfinanced Capital Expenditures
	    	$                    
	  

3.     Calculation of Cash Flow.

 
 “Cash Flow” shall be calculated as
follows:
	    	
		
	 EBITDA for the applicable period of measurement:
	    	$                    
		
	   Less: Unfinanced Capital Expenditures
	    	$                    
		
	 Cash Flow
	    	$                    

 4.    Other Defined Terms. The following additional terms shall
have the meanings set forth below when used in this Annex V. Capitalized terms used in this Annex V but not defined in this Agreement shall have the meanings set forth in the Senior Credit Agreement. 

“Cash Interest Expense” shall mean, with respect to the Parent and its Restricted Subsidiaries on a
consolidated basis for any period, Interest Expense for such period, less the sum of (a) pay-in-kind Interest Expense or other noncash Interest Expense (including as a result of the effects of purchase accounting), (b) to the extent
included in Interest Expense, the amortization of any financing fees paid by, or on behalf of, the Parent or any Restricted Subsidiary, including such fees paid in connection with the Transactions (as defined in the Senior Credit Agreement),
(c) the amortization of debt discounts, if any, or fees in respect of Swap Agreements and (d) cash interest income of the Parent and its Restricted Subsidiaries for such period; without limiting the foregoing, Cash Interest Expense shall
exclude any one-time financing fees paid in connection with the Transactions or any amendment of the Senior Credit Agreement or upon entering into a Permitted Receivables Financing. 

“Coal” shall mean all types of solid naturally occurring hydrocarbons (other than oil shale or Gilsonite),
including without limitation, bituminous and sub-bituminous coal, and lignite. 
 “Consolidated Net Income”
shall have the meaning set forth in the Senior Credit Agreement. 
 “Disqualified Stock” means, with
respect to any Person, any Capital Stock of such Person which, by its terms, or by the terms of any security into which it is convertible or for which it is putable or exchangeable, or upon the happening of any event, matures or is mandatorily
redeemable (other than solely as a result of a change of control or asset sale) pursuant to a sinking fund obligation or otherwise, or is redeemable at the option of the holder thereof; provided, however, that if such Capital Stock is
issued to any plan for the benefit of employees of the Issuer or its Subsidiaries or by any such plan to such employees, such Capital Stock shall not constitute Disqualified Stock solely because it may be required to

  

					
		 	 X-2
	  	Credit and Security Agreement

 
be repurchased by the Issuer or its Subsidiaries in order to satisfy applicable statutory or regulatory obligations. 

“EBITDA” shall mean, with respect to the Parent and the Restricted Subsidiaries on a consolidated basis for
any period, the Consolidated Net Income of the Parent and the Restricted Subsidiaries for such period plus (a) the sum of (in each case without duplication and to the extent the respective amounts described in clauses
(i) through (viii) of this subsection (a) reduced such Consolidated Net Income for the respective period for which EBITDA is being determined): 

(i)        provision for Taxes based on income, profits or capital of
the Parent and the Restricted Subsidiaries for such period, including, without limitation, state, franchise and similar taxes (such as the Pennsylvania and West Virginia franchise tax), 

(ii)       Interest Expense of the Parent and the Restricted Subsidiaries
for such period (net of interest income of the Parent and its Restricted Subsidiaries for such period), 

(iii)      depreciation, depletion and amortization (including amortization of
intangibles, deferred financing fees and any amortization included in pension, OPEB or other employee benefit expenses, but excluding amortization of prepaid cash expenses that were paid in a prior period) and other non-cash expenses (including,
without limitation write-downs and impairment of property, plant, equipment and intangibles and other long-lived assets and the impact of purchase accounting but excluding any such non-cash expense to the extent that it represents an accrual of or
reserve for cash expenses in any future period or amortization of a prepaid cash expense that was paid in a prior period) of the Parent and its Restricted Subsidiaries for such period, 

(iv)      business optimization expenses and other restructuring charges;
provided that, with respect to each business optimization expense or other restructuring charge, the Parent shall have delivered to the Administrative Agent (under the Senior Credit Agreement) an officers’ certificate specifying and
quantifying such expense or charge and stating that such expense or charge is a business optimization expense or other restructuring charge, as the case may be, 

(v)       any other noncash charges (but excluding any such charge which
requires an accrual of, or a cash reserve for, anticipated cash charges for any future period); provided that, for purposes of this clause (v) of this subsection (a), any noncash charges or losses shall be treated as cash
charges or losses in any subsequent period during which cash disbursements attributable thereto are made, 

(vi)      the income attributable to the minority equity interests of third
parties in any non-Wholly Owned Subsidiary of the Parent in such period or any prior period, except to the extent of dividends declared or paid on Equity Interests held by third parties, 

(vii)     the noncash portion of “straight-line” rent expense, and 

(viii)    accretion of asset retirement obligations in accordance with ASC 410 Asset
Retirement and Environmental Obligations, and any similar accounting in prior periods; 
 provided that, to the extent that all or
any portion of the income of any person is excluded from Consolidated Net Income pursuant to the definition thereof for all or any portion of such period, any amounts set forth in the preceding clauses (i) through
(viii) that are attributable to such person shall not be included for purposes of this definition for such period or portion thereof); and 

  

					
		 	 X-3
	  	Credit and Security Agreement

 minus (b) the sum of (in each case without duplication and to the extent the
respective amounts described in clauses (i) and (iii) of this subsection (b) increased such Consolidated Net Income for the respective period for which EBITDA is being determined): 

(i)        the losses attributable to the minority equity interests of
third parties in any non-Wholly Owned Subsidiary of the Parent, 

(ii)       noncash items increasing Consolidated Net Income of the Parent
and the Restricted Subsidiaries for such period (but excluding any such items (A) in respect of which cash was received in a prior period or will be received in a future period or (B) which represent the reversal of any accrual of, or cash
reserve for, anticipated cash charges in any prior period) and 

(iii)      the cash portion of “straight-line” rent expense which
exceeds the amount expensed in respect of such rent expense. 
 “Equity Interests” of any person shall mean
any and all shares, interests, rights to purchase, warrants, options, participation or other equivalents of or interests in (however designated) equity of such person, including any preferred stock, any limited or general partnership interest and
any limited liability company membership interest; provided that, for the avoidance of doubt, “Equity Interests” shall not include notes convertible or exchangeable into Equity Interests until such conversion and/or exchange. 

“Interest Expense” shall mean, with respect to any person for any period, the sum of (a) gross interest
expense of such person for such period on a consolidated basis, including (i) the amortization of debt discounts, (ii) the amortization of all fees (including fees with respect to Swap Agreements) payable in connection with the incurrence
of Indebtedness to the extent included in interest expense, (iii) the portion of any payments or accruals with respect to Capital Lease Obligations allocable to interest expense and (iv) commissions, discounts, yield and other fees and
charges incurred in connection with any Permitted Receivables Financing which are payable to any person other than a Loan Party, and (b) capitalized interest of such person. For purposes of the foregoing, gross interest expense shall be
determined after giving effect to any net payments made or received and costs incurred by the Borrower and the Restricted Subsidiaries with respect to Swap Agreements. 

“Net Income” means, with respect to any Person, the net income (loss) of such Person, determined in
accordance with GAAP and before any reduction in respect of Preferred Stock dividends. 
 “Net Interest
Expense” means, with respect to any person for any period, Interest Expense for such period paid or required to be paid in cash (including all commissions, discounts, fees and other charges in connection with letters of credit and similar
instruments and net amounts paid or payable and/or received or receivable under permitted Swap Agreements in respect of interest rates) for the Parent and its Subsidiaries on a consolidated basis 

“Preferred Stock” means any Equity Interest with preferential rights of payment of dividends or upon
liquidation, dissolution, or winding up. 
 “Subsidiary” shall mean, with respect to any person (herein
referred to as the “parent”), any corporation, partnership, association or other business entity (a) of which securities or other ownership interests representing more than 50% of the equity or more than 50% of the ordinary
voting power or more than 50% of the general partnership interests are, at the time any determination is being made, directly or indirectly, owned, controlled or held by the parent or one or more subsidiaries of the parent, or (b) whose
accounts are consolidated with the accounts of the parent or one or more subsidiaries of the 

  

					
		 	 X-4
	  	Credit and Security Agreement

 
parent in such parent’s or subsidiary’s SEC filings. Unless the context otherwise requires, Subsidiary shall mean a Subsidiary of the Parent. 

“Taxes” shall mean any and all present or future taxes, levies, imposts, assessments, duties (including stamp
duties), deductions, charges (including advalorem charges) or withholdings imposed by any Governmental Authority and any and all interest, additions to tax and penalties related thereto. 

“Wholly Owned Subsidiary” of any person shall mean a Subsidiary of such person, all of the Equity Interests
of which (other than directors’ qualifying shares or nominee or other similar shares required pursuant to applicable law) are owned by such person or another Wholly Owned Subsidiary of such person. 

  
  

					
		 	 X-5
	  	Credit and Security Agreement

 ANNEX W 

to 
 CREDIT AND SECURITY AGREEMENT

 ADMINISTRATIVE AGENT’S ACCOUNT/ 

LENDERS’ ACCOUNTS/LC COLLATERAL ACCOUNT 

Administrative Agent’s Account 

Deutsche Bank Trust Company Americas 

60 Wall Street, 6th Floor 
 New
York, NY 10005 
 ABA# 

Account Name: 
 Account # 

Reference: 

  
 Credit and Security
Agreement 

 ANNEX X 

TO 
 CREDIT AND SECURITY AGREEMENT

 DEFINITIONS AND INTERPRETATION 

 SECTION 1.  Definitions and Conventions. Capitalized terms used
in the Credit Agreement (as defined below) shall have the following respective meanings: 
 “Account” shall
mean the Collection Account and the Lockbox Account. 
 “Account Agreement” shall mean any of the Lockbox
Control Agreements or any of the Collection Account Agreements. 
 “Account Bank” shall mean, with respect
to any Account, the related Bank. 
 “Account Control Event” shall mean the occurrence of any of the
following events on any day: (i) the Funding Availability Adjusted Amount is less than 15% of the Maximum Revolving Commitment Amount as of such day and such condition continues beyond the next Business Day, (ii) the Applicable Liquidity
is less than $300,000,000, or (iii) a Termination Event. 
 “Additional Amounts” shall mean any
amounts payable to any Affected Party under Sections 2.9 or 2.10 of the Credit Agreement. 

“Additional Costs” shall have the meaning assigned to it in Section 2.9(b) of the Credit
Agreement. 
 “Additional Mortgage” has the meaning set forth in the Senior Credit Agreement. 

“Adequate Security” means cash or deposit account balances pledged pursuant to documentation in form and
substance satisfactory to the Swing Line Lender or the applicable LC Lender or deposited with the Administrative Agent or a Lien provided by the Borrower or an Impacted Lender, in each case, for the benefit of the Swing Line Lender or the applicable
LC Lender with respect to the Pro Rata Share of the applicable Swing Line Advance ir LC Participation Amount of such Impacted Lender, which the Swing Line Lender or the applicable LC Lender deems sufficient in its sole discretion. 

“Administrative Agent” shall have the meaning assigned to it in the preamble of the Credit Agreement. 

“Advance” shall mean any Revolving Credit Advance, any LC Participation and/or any Swing Line Advance, as the
context may require. 
 “Advance Date” shall mean each day on which any Advance is made. 

“Adverse Claim” shall mean any claim of ownership or any Lien, other than (a) any ownership interest or
Lien created under the Transaction Documents and (b) any Permitted Lease Lien. 
 “Affected Party”
shall mean each of the following Persons: each Lender, each LC Lender, the Administrative Agent, the Depositary, each Affiliate of the foregoing Persons, and any SPV or participant with the rights of a Lender under Section 12.2(c) of the
Credit Agreement and their respective successors, permitted transferees and permitted assigns. 

“Affiliate” means, with respect to any Person, (a) each Person that directly or indirectly owns or
controls 5% or more of the Stock having ordinary voting power in the selection of directors of such Person, (b) each Person that controls or is controlled by, or is under common control with, such Person and (c) each of such Person’s
officers and directors. For the purposes of this definition, “control” of a 

 
Person shall mean the possession, directly or indirectly, of the power to direct or cause the direction of its management or policies, whether through the ownership of voting securities, by
contract or otherwise 
 “Agent Account” shall mean the account set forth on Annex W to the Credit
Agreement. 
 “Appendices” shall mean, with respect to any Transaction Document, all exhibits, schedules,
annexes and other attachments thereto, or expressly identified thereto. 
 “Applicable Non-Funding Lender
Obligation” shall have the meaning assigned to it in Section 2.14(a) of the Credit Agreement. 

“Applicable Index Margin” shall mean 1.25% per annum. 

“Applicable LIBOR Margin” shall mean 2.25% per annum. 

“Applicable Liquidity” means, for the Parent and its Restricted Subsidiaries on a consolidated basis, the sum
of (x) all unrestricted cash, cash equivalents and Permitted Investments and (y) the aggregate Available Unused Commitments (assuming for such purpose, that the Parent would be permitted to immediately incur such Available Unused
Commitments). Capitalized terms used in this definition of “Applicable Liquidity” and not defined in the Credit Agreement shall have the meanings set forth in the Senior Credit Agreement. 

“Approved Confirming LC Bank” shall mean a U.S. domestic branch of US Bank National Association, Commerzbank
AG, PNC Bank, Bank of Montreal, and Credit Agricole S.A., and any other financial institution approved by the Administrative Agent (which approval shall not be unreasonably withheld or delayed) and listed on the Approved Confirming LC Bank List.

 “Approved Confirming LC Bank List” shall mean, as of the Closing Date, each financial institution listed
in the definition of “Approved Confirming LC Bank”, and, as of any other date of determination, the list required to be attached to the Monthly Report in accordance with the Credit Agreement. 

“Approved Obligor” shall mean an Obligor that, on the date of determination, (1) has a long term credit
rating of at least “BB” from S&P or at least “Ba2” from Moody’s or (2) is otherwise acceptable to the Administrative Agent. 

“Approved Senior Credit Agreement Amendment” shall mean an extension or other amendment to the Senior Credit
Agreement (a) as to which, on the effective date of such amendment or extension as provided therein (i) the undrawn commitments are at least $400 million and (ii) the unrestricted cash, cash equivalents and Permitted Investments of
the Parent and its Restricted Subsidiaries, on a consolidated basis, are at least $200 million, or (b) that contains economic and other terms reasonably satisfactory to the Administrative Agent and, with respect to which, after conducting
liquidity projections of the Parent and its Affiliates (assuming such extension or amendment is effected) for the twenty-four (24) months following such effectiveness, the Administrative Agent (in its sole discretion) has consented to such
extension or amendment. Capitalized terms used in this definition and not defined in the Credit Agreement shall have the meanings set forth in the Senior Credit Agreement. 

“Assignment Agreement” shall have the meaning assigned to it in Section 12.2 of the Credit
Agreement. 

 “Authorized Officer” shall mean, with respect to any corporation
or limited liability company, the President, any Vice President, any Assistant Vice President, the General Counsel, the Secretary, the Treasurer, the Controller, any Assistant Secretary, any Assistant Treasurer, any manager or managing member and
each other officer of such corporation or limited liability company specifically authorized to sign agreements, instruments or other documents on behalf of such corporation or limited liability company in connection with the transactions
contemplated by the Transaction Documents. 
 “Available Net Collections” shall mean, on any date of
determination, (x) prior to the Facility Maturity Date, an amount equal to the excess of (1) the aggregate amounts then on deposit in the Lockbox Account and any Specified Account (including any Cash Collateral) that are available to make
distributions pursuant to Section 2.8(c) on the following Settlement Date (after giving effect to any withdrawals from the Specified Account or Agent Account to be made on such date of determination) over (2) the aggregate amount
that would be required to make each of the payments contemplated in Section 2.8(c)(i), (ii) and (iii) in full if such date of determination was a Settlement Date or (y) on and after the Facility Maturity
date, zero. 
 “Bank” shall mean any of the Collection Account Banks or Lockbox Account Banks. 

“Bank Secrecy Act” shall mean the Financial Recordkeeping and Reporting of Currency and Foreign Transactions
Act of 1970 (31 U.S.C. 5311 et seq.). 
 “Bankruptcy Code” shall mean the provisions of title 11 of
the United States Code, 11 U.S.C. §§ 101 et seq. 
 “Billed Amount” shall mean, with
respect to any (i) any Billed Receivable, the amount billed on the Billing Date to the Obligor thereunder and (ii) any Unbilled Receivable prior to the time when the invoice with respect thereto is generated, the amount of revenue
recognized by the related Seller (or Originator) in accordance with GAAP in respect of such Receivable. 
 “Billed
Receivable” means a Receivable in respect of which an invoice has been issued to the related Obligor. 

“Billing Date” shall mean (i) with respect to any Billed Receivable, the date on which the invoice with
respect thereto was generated and (ii) with respect to any Unbilled Receivable, the earlier of (X) the date on which the invoice with respect thereto is generated and (Y) the date on which the coal products that are the subject
thereof has been delivered to the Obligor. 
 “BK Obligor” means an Obligor that is (i) unable to make
payment of its obligations when due, (ii) a debtor in a voluntary or involuntary bankruptcy proceeding, or (iii) the subject of a comparable receivership or insolvency proceeding. 

“Borrower” shall have the meaning assigned to it in the preamble to the Credit Agreement. 

“Borrower Account Collateral” shall have the meaning assigned to it in Section 7.1(c) of the
Credit Agreement. 
 “Borrower Assigned Agreements” shall have the meaning assigned to it in
Section 7.1(b) of the Credit Agreement. 
 “Borrower Collateral” shall have the meaning
assigned to it in Section 7.1 of the Credit Agreement. 

 “Borrower Obligations” shall mean all loans, advances, debts,
liabilities, indemnities and obligations for the performance of covenants, tasks or duties or for payment of monetary amounts (whether or not such performance is then required or contingent, or such amounts are liquidated or determinable) owing by
the Borrower to any Affected Party under the Credit Agreement, any other Transaction Document and any document or instrument delivered pursuant thereto, and all amendments, extensions or renewals thereof, and all covenants and duties regarding such
amounts, of any kind or nature, present or future, whether or not evidenced by any note, agreement or other instrument, arising thereunder, including the Outstanding Principal Amount, interest, Unused Fees, LC Lender Fees, amounts payable in respect
of Funding Excess, fees and expenses payable to a successor Servicer, Additional Amounts, Additional Costs and Indemnified Amounts. This term includes all principal, interest (including all interest that accrues after the commencement of any case or
proceeding by or against the Borrower in bankruptcy, whether or not allowed in such case or proceeding), fees, charges, expenses, attorneys’ fees and any other sum chargeable to the Borrower under any of the foregoing, whether now existing or
hereafter arising, voluntary or involuntary, whether or not jointly owed with others, direct or indirect, absolute or contingent, liquidated or unliquidated, and whether or not from time to time decreased or extinguished and later increased, created
or incurred, and all or any portion of such obligations that are paid to the extent all or any portion of such payment is avoided or recovered directly or indirectly from any Lender or the Administrative Agent or any assignee of any Lender or the
Administrative Agent as a preference, fraudulent transfer or otherwise. 
 “Borrowing” shall mean a
borrowing of Advances pursuant to the Credit Agreement. 
 “Borrowing Base” shall mean, as of any date of
determination, the amount equal to the lesser of: 
 (a) the Maximum Revolving Commitment Amount, 

and 

(b) an amount equal to the greater of (x) zero and (y) an amount equal to: 

(1) sum of (A) the product of the Dynamic Advance Rate applicable to Billed Receivables, multiplied by the amount
of the Net Eligible Receivables Balance comprised of Billed Receivables, (B) the lesser of (i) the Unbilled Receivables Cap and (ii) the product of the Dynamic Advance Rate applicable to Unbilled Receivables, multiplied by the
amount of the Net Eligible Receivables Balance comprised of Unbilled Receivables; 
 minus 

(2)          any other reserves determined by the Administrative Agent in
its Permitted Discretion (including in connection with Lease Liens that are not Permitted Lease Liens) 
 in each case as disclosed in the
most recently submitted Daily Report, Weekly Report, Monthly Report, Borrowing Base Certificate or Borrowing Request or as otherwise determined by the Administrative Agent based on Borrower Collateral information available to it, including any
information obtained from any audit or from any other reports with respect to the Borrower Collateral, which determination shall be final, binding and conclusive on all parties to the Credit Agreement and the other Transaction

 
Documents (absent manifest error); provided, that as of the Closing Date, subsection (b)(2) above shall be 0. 

“Borrowing Base Certificate” shall have the meaning assigned to it in Section 5.2(b) of the
Credit Agreement. 
 “Borrowing Request” shall have the meaning assigned to it in
Section 2.3(a) of the Credit Agreement. 
 “Breakage Costs” shall have the meaning assigned to
it in Section 2.15 of the Credit Agreement. 
 “Business Day” shall mean any day that is not a
Saturday, a Sunday or a day on which banks are required or permitted to be closed in the State of New York or, with respect to any remittances to be made by any Collection Account Bank to any related Account, in the jurisdiction(s) in which the
Accounts maintained by such Banks are located.. 
 “Cash Collateral” means any cash (or any cash
equivalents acceptable to the Administrative Agent (in its sole discretion)) held in any Specified Account and designated by notice of the Borrower or the Servicer to the Administrative Agent as “Cash Collateral” in accordance with the
Credit Agreement. 
 “Cause” means the conviction of, or the entry of a guilty plea or nolo contendere by,
any Independent Manager for a crime of dishonesty or moral turpitude or any action by the Independent Manager which constitutes gross negligence, bad faith or willful misconduct in the conduct of his or her duties as a manager of the Borrower. 

“Change in Law” shall mean the occurrence, after the date of this Agreement, of any of the following:
(i) the adoption or taking effect of any law, rule, regulation or treaty, (ii) any change in any law, rule, regulation or treaty or in the administration, interpretation or application thereof by any Governmental Authority or
(iii) the compliance by any Lender with any written request, guideline or directive (whether or not having the force of law, but if not having force of law, then being one with which the relevant party would customarily comply) by any
Governmental Authority. 
 “Change of Control” shall mean any event, transaction or occurrence as a result
of which: 
 (a)        there shall occur any “Change in
Control”, “Change of Control” or any comparable term or event in, or in any document pertaining to, the Senior Credit Agreement, the Senior Note Indenture (as defined in the Senior Credit Agreement) or any other document relating to
Material Indebtedness of the Parent (in each case, as in effect as of the date hereof. any without giving effect to any amendments, supplements, amendments and restatements, waivers or modifications thereto); or 

(b)        the Parent shall cease to own and control all of the
economic and voting rights associated with all of the outstanding Stock, directly or indirectly, of the Borrower, the Servicer, the Originator or one or more Sellers that constitute a Significant Seller Group; or 

(c)        the Originator shall cease to own and control all of the
economic and voting rights associated with all of the outstanding Stock, directly or indirectly, of the Borrower. 

“Charges” shall mean (i) all federal, state, provincial, county, city, municipal, local, foreign or
other governmental taxes (including taxes owed to the PBGC at the time due and payable); (ii) all levies, assessments, charges, or claims of any governmental entity or any claims of statutory lienholders, the

 
nonpayment of which would give rise by operation of law to a Lien on Borrower Collateral or any other property of the Borrower, the Originator or any Seller and (iii) any such taxes, levies,
assessment, charges or claims which constitute a lien or encumbrance on any property of the Borrower, the Originator or any Seller. 

“Closing Date” shall mean September 19, 2014. 

“Collection Account” shall mean any deposit account established by the Borrower for the deposit of
Collections from the Lockbox Account pursuant to and in accordance with Section 6.1(a) of the Credit Agreement. 

“Collection Account Agreement” shall mean any agreement among the Borrower, the Administrative Agent, and a
Collection Account Bank with respect to the Accounts that provides, among other things, that the Bank shall follow the instructions of the Administrative Agent as to the disposition of funds in such Account and that the Administrative Agent has
“control” (within the meaning of Section 9-104 of the UCC) of such Collection Account and is otherwise in form and substance acceptable to the Administrative Agent; provided that under such agreement, the Bank is
permitted to follow the instructions of the Borrower or the Servicer prior to the occurrence of an Account Control Event. 

“Collection Account Bank” shall mean any bank or other financial institution at which one or more Collection
Accounts are maintained. 
 “Collections” shall mean, with respect to any Receivable, (i) all cash
collections and other proceeds of such Receivable (including late charges, fees and interest arising thereon, and all recoveries with respect thereto that have been written off as uncollectible) and (without duplication) (ii) any amounts
required to be paid by the applicable Seller to the Originator in respect of such Receivable pursuant to the Sale Agreement and by the Originator to the Borrower in respect of such Receivable pursuant to the Receivables Sale Agreement. 

“Commitment Reduction Notice” shall have the meaning assigned to it in Section 2.2(a) of the
Credit Agreement. 
 “Commitment Termination Notice” shall have the meaning assigned to it in
Section 2.2(b) of the Credit Agreement. 
 “Compliance Certificate” shall have the meaning
assigned to it in Annex 5.2(a) of the Credit Agreement. 
 Concentration Percentage” shall mean at any
time of determination with respect to any Obligor, 20%. 
 “Confirmed Letter of Credit” shall mean any
letter of credit issued in respect of the Billed Amount of a Receivable that has been confirmed by an Approved Confirming LC Bank and as to which the Approved Confirming LC Bank has agreed and acknowledged to the Administrative Agent in writing
(i) that the beneficiary’s rights to receive proceeds under the letter of credit have been assigned to the Administrative Agent and (ii) to pay such proceeds directly into the Lockbox Account. 

“Contract” shall mean any agreement, instrument, invoice or other writing pursuant to, or under which, an
Obligor shall be obligated to make payments with respect to any Receivable. 

 “Credit and Collection Policies” shall mean the written credit
policy and the written collection policy of the Servicer as of the Closing Date (copies of which have been delivered to the Administrative Agent), without giving effect to any amendments, restatements, supplements or other modifications thereto that
would reasonably be expected to adversely affect the collectibility of the Receivables or the enforceability of any related Contract, unless any such amendment, restatement, supplement or other modification has been consented to by the
Administrative Agent (such consent not to be unreasonably withheld or delayed). 
 “Daily Report” means a
report in substantially the form set forth as Exhibit 5.2(a) to the Credit Agreement. 
 “Default Rate”
shall have the meaning assigned to it in Section 2.6(b) of the Credit Agreement. 
 “Defaulted
Receivable” shall mean any Receivable (a) with respect to which any payment, or part thereof, remains unpaid for more than sixty (60) days after its Maturity Date, (b) with respect to which the Obligor thereunder is a BK
Obligor or (c) that otherwise has been or should be written off in a manner consistent with the Credit and Collection Policies; provided that any Receivable with respect to which the Obligor thereunder is a BK Obligor shall cease to be a
“Defaulted Receivable” solely for purposes of calculating clause (a) of the Defaulted Receivable Trigger Ratio if such Receivable remains unpaid for more than 150 days after its Maturity Date. 

“Defaulted Receivable Trigger Ratio” shall mean, as of the last day of any Settlement Period, the ratio
(expressed as a percentage) of: 
 (a)        the sum (without double counting) of
(i) the aggregate Outstanding Balances of all Defaulted Receivables (other than Receivables that are Defaulted Receivables solely pursuant to subsection (b) of the definition of “Defaulted Receivable”) as of such day and
as of the last day of each of the two Settlement Periods ended immediately prior to such Settlement Period and (ii) the Outstanding Balances of all Receivables written off during such Settlement Period and during each of the two Settlement
Periods ended immediately prior to such Settlement Period (in each case, as of the date such Receivables were written off) 

to 

(b)        the sum of the aggregate Outstanding Balance of all Receivables as of the
last day of such Settlement Period and as of the last day of each of the two Settlement Periods ended immediately prior to such Settlement Period. 

“Delinquency Trigger Ratio” shall mean, as of the last day of any Settlement Period, the ratio (expressed as
a percentage) of: 
 (a)        the sum of aggregate Outstanding Balances of all
Receivables with respect to which any payment, or part thereof, became between thirty-one (31) and sixty (60) days past its Maturity Date during such Settlement Period and during each of the two Settlement Periods ended immediately prior
to such Settlement Period; 
 to 

(b)        the sum of the aggregate Outstanding Balance of all Receivables as of the
last day of each of the Settlement Periods ended four, five and six Settlement Periods before the Settlement Period ending on such date (so that if the Settlement Periods referenced in (a) were the March, April and May

 
Settlements Periods, the Settlement Periods referenced in (b) would be the December, January and February Settlement Periods). 

“Depositary” shall have the meaning assigned to it in Section 6.1(c)(i) of the Credit Agreement.

 “Dilution Factors” shall mean, with respect to any Receivable, any portion of which (a) was
reduced, canceled or written-off as a result of (i) any credits (non-cash or otherwise), or any failure by the Borrower, the Originator or any Seller (or any Affiliate thereof) to deliver coal products or services or otherwise perform under the
underlying Contract, (ii) any change in or cancellation of any of the terms of the underlying Contract or any cash discount, rebate, retroactive price adjustment or any other adjustment by the Borrower, the Originator or any Seller (or any
Affiliate thereof) which reduces the amount payable by the Obligor on the related Receivable except to the extent based on credit related reasons, (iii) any set-off in respect of any claim by the Obligor thereof (whether such claim arises out
of the same or a related transaction or an unrelated transaction) or (iv) any Dilution Factor Additional Action or (b) is subject to any specific dispute, offset, counterclaim or defense whatsoever (except discharge in bankruptcy of the
Obligor thereof). 
 “Dilution Factor Additional Action” shall mean any policy, activity or action similar
in nature to those policies, activities and actions described in clauses (a)(i) through (a)(iii) of the definition of “Dilution Factor” that occurs in connection with the business of any Originator or Seller, in each case determined by the
Administrative Agent in its Permitted Discretion (it being understood that the Administrative Agent shall give written notice of any such determination to the Borrower and Servicer). 

“Dilution Factor Amounts” shall mean, as of the last day of any Settlement Period, an amount equal to the sum
of (i) the Dilution Factor Quality Adjustment Amount for such Settlement Period and (ii) an amount equal to the then current Dilution Factor Percentage Component multiplied by the aggregate amount of reductions in the Outstanding Balance
of all Receivables during such Settlement Period other than as a result of quality penalties included in clause (i) of this definition and cash payments received from the applicable Obligors in respect of such Receivables. 

“Dilution Factor Percentage Component” shall mean, as of any date of determination, a percentage equal to
1.0%, it being understood that such percentage is intended to be an estimate, based on a sample of credit memos with respect to the Receivables for a particular calendar month, of the aggregate dollar amount by which Receivables are reduced as a
result of the negative impact of credit memos issued in such calendar month divided by the aggregate dollar amount of all credit memos issued in such calendar month; provided, that, in the event that the Administrative Agent analyzes any sample of
Receivables for one or more calendar months, the Administrative Agent may in its Permitted Discretion modify such percentage (and give written notification of such modification to the Borrower and the Servicer) based upon the amount of Dilution
Factors determined by the Administrative Agent as having occurred with respect to such sample of Receivables during such calendar months (it being understood that such sampling and such modifications may occur one or more times). 

“Dilution Factor Quality Adjustment Amount” shall mean, for any Settlement Period, the aggregate amount of
quality penalties that were reflected in the Billed Amount with respect to the Receivables during such Settlement Period. 

“Dilution Reserve Rate” shall mean, as of any date of determination, the product (expressed as a percentage)
of (i) 2 and (ii) the Dilution Reserve Ratio as of such date. “Dilution Reserve Ratio” shall mean, as of any date of determination, the highest Dilution Trigger Ratio occurring during the twelve most recently completed Settlement
Periods (including any Settlement Period ending on such date of determination). 

 “Dilution Trigger Ratio” shall mean, as of the last day of any
Settlement Period, the ratio (expressed as a percentage) of: 
 (a)        the sum
of the aggregate Dilution Factor Amounts as of such day and the last day of the two immediately preceding Settlement Periods 

to 

(b)        the aggregate Billed Amount of all Receivables originated during the three
Settlement Periods ended immediately prior to such Settlement Period (so that if the Settlement Periods referenced in (a) were the March, April and May Settlement Periods, the Settlement Periods referenced in (b) would be the February,
March and April Settlement Periods). 
 “Dollars” or “$” shall mean lawful currency of the
United States of America. 
 “Drawing Date” shall have the meaning set forth in
Section 2.19(b). 
 “Dynamic Advance Rate” shall mean, as of the last day of any Settlement
Period, 
 (a) With respect to any Billed Receivable, a percentage equal to the lesser of: 

 

	 	(i)	 85%; and 

  

	 	(ii)	  100% minus the sum of (A) the Dilution Reserve Rate, (B) the Loss Reserve Rate, (C) the Interest Reserve Rate and
(D) the Servicing Reserve Rate; or 

 (b) With respect to any Unbilled Receivable, a percentage equal
to the lesser of: 
  

	 	(i)	 75%; and 

  

	 	(ii)	 100% minus the sum of (A) the Dilution Reserve Rate, (B) the Loss Reserve Rate, (C) the Interest Reserve Rate and
(D) the Servicing Reserve Rate. 

 “Election Notice” shall have the meaning
specified in the Receivables Sale Agreement. 
 “Eligible Receivable” shall mean, as of any date of
determination, a Receivable: 
 (a) that (i) is due and payable within 60 days of the Billing Date thereof and
(ii) is not a Defaulted Receivable; 
 (b) that is not a liability of an Excluded Obligor or an Obligor with respect
to which more than 25% of the aggregate Outstanding Balance of all Receivables owing by such Obligor are (x) more than sixty (60) days past due from the Maturity Date thereof or (y) have been or should be written off in a manner
consistent with the Credit and Collection Policies; 
 (c) that is not an Excluded Receivable; provided that if an
Excluded Receivable ceases to be an Excluded Receivable at any time and meets the requirements hereunder to be an “Eligible Receivable” such Receivable will be counted as an “Eligible Receivable” for purposes of this Agreement
until such date such Receivable no longer meets such requirements; 
 (d) that is denominated and payable in Dollars in the
United States of America and is not represented by a note or other negotiable instrument or by chattel paper; provided, for the avoidance of 

 
doubt that an LC Receivable shall not be deemed to be represented by a negotiable instrument solely because it is supported by a letter of credit; 

(e) [reserved]; 

(f) with respect to which no proceedings or investigations are pending or threatened before any Governmental Authority
(i) asserting the invalidity of such Receivable or the Contract therefor, (ii) asserting the bankruptcy or insolvency of the Obligor thereunder; unless, in the case of a bankruptcy proceeding occurring under the Bankruptcy Code, the
applicable Seller or the Originator has been designated as a “critical vendor” and the Obligor thereunder has obtained (A) in the case of any Receivable originated pre-petition, a final court order approving the payment of the
pre-petition claims of such Seller or Originator on an administrative priority basis, (B) a standby letter of credit or similar type of financial instrument or arrangement that secures payment by the Obligor or (C) in the case of any
Receivable originated post-petition, (1) a final court order approving the payment of the post-petition claims of such Seller or the Originator on an administrative priority basis and (2) a debtor-in-possession financing facility and
management of the applicable Seller or the Originator reasonably believes that such financing will be available to pay the Receivables owing by such Obligor, and, in any such case, such Obligor has agreed post-petition to pay the Receivables owing
by such Obligor on a current basis in accordance with their terms, (iii) seeking payment of such Receivable or payment and performance of such Contract or (iv) seeking any determination or ruling that would reasonably be expected to
materially and adversely affect the validity or enforceability of such Receivable or such Contract; 
 (g) that is not an
Unapproved Receivable; 
 (h) that does not represent partially performed or unperformed services, a “milestone”
billing or “sale or return” goods and does not arise from a transaction for which any additional performance by the Borrower, any Seller or the Originator, or acceptance by or other act of the Obligor thereunder, including any required
submission of documentation, remains to be performed as a condition to any payments on such Receivable or the enforceability of such Receivable under applicable law; 

(i) that is not the liability of an Obligor that has any claim against or affecting the Borrower, the Seller thereof or the
Originator or the property of the Borrower, such Seller or Originator which gives rise to a right of set-off against such Receivable; 

(j) that was originated by a Seller or the Originator (or an Affiliate of a Seller or the Originator that was acquired by,
merged with or otherwise combined with a Seller or the Originator) in accordance with, has at all times (including prior to such merger) been serviced in a manner consistent with and satisfies in all material respects all applicable requirements of
the Credit and Collection Policies; 
 (k) that represents the genuine, legal, valid and binding obligation of the Obligor
thereunder enforceable by the holder thereof in accordance with its terms; 
 (l) that is entitled to be paid pursuant to
the terms of the Contract therefor and has not been paid in full or been compromised, adjusted, extended, reduced, satisfied, subordinated, rescinded or modified (except for criteria contained in the definition of “Dilution Factor” that
has been applied to the Outstanding Balance thereof in a manner consistent with the Credit and Collection Policies); 
 (m)
that does not contravene in any material respect any laws, rules or regulations applicable thereto (including laws, rules and regulations relating to usury, consumer protection, truth in lending, fair credit billing, fair credit reporting, equal
credit opportunity, fair debt collection practices and 

 
privacy) and with respect to which no party to the Contract therefor is in violation of any such law, rule or regulation; 

(n) (i) that is an “account” within the meaning of the UCC (and/or any other applicable legislation) of
the applicable jurisdictions in which each of the Originator, the Sellers, the Servicer and the Borrower are organized and in which chief executive offices of each such Person are located and (ii) under the terms of the related Contract, the
right to payment thereof (and any other interest in the Receivable) may be freely assigned, including as a result of compliance with applicable law (or with respect to which, the prohibition on the assignment of rights to payment are made fully
ineffective under applicable law); 
 (o) (i) that is payable solely and directly to the Borrower or the Originator
and not to any other Person (including any shipper of the goods that gave rise to such Receivable), except to the extent that payment thereof may be made to a Lockbox or otherwise as directed pursuant to Article VI of the Credit Agreement and
(ii) no portion of any Receivable does not constitute Borrower Collateral; 
 (p) with respect to which all material
consents, licenses, approvals or authorizations of, or registrations with, any Governmental Authority required to be obtained, effected or given in connection with the creation of such Receivable or the Contract therefor have been duly obtained,
effected or given and are in full force and effect; 
 (q) that is created through the provision of goods or services by
the Seller thereof (or the Originator) in the ordinary course of its business; 
 (r) that is not the liability of an
Obligor that, consistent with the Credit and Collection Policies, is receiving or should receive goods or services on a “cash on delivery” basis; 

(s) that does not constitute a rebilled amount arising from a deduction taken by an Obligor with respect to a previously
arising Receivable; 
 (t) as to which the Borrower has a first priority perfected ownership interest and in which the
Administrative Agent has a first priority perfected security interest, in each case not subject to any Lien, right, claim, security interest or other interest of any other Person (other than, in the case of the Borrower, the Lien of the
Administrative Agent for the benefit of the Secured Parties and other Permitted Encumbrances); 
 (u) no portion of such
Receivable represents sales tax; 
 (v) that does not represent the balance owed by an Obligor on a Receivable in respect
of which the Obligor has made partial payment (other than any partial payment that specifically is permitted under the terms of the Contract relating to such Receivable or the related letter of credit); 

(w) with respect to which no check, draft or other item of payment was previously received that was returned unpaid or
otherwise; 
 (x) which is an Unbilled Receivable or a Billed Receivable; provided, that, in the event such
Receivable is an Unbilled Receivable, (1) the Obligor in respect thereof is not domiciled in, or organized under the laws of, any jurisdiction outside of the United States of America (including the District of Columbia but otherwise excluding
its territories and possessions) and (2) and the delivery of the related goods or services represented by such Unbilled Receivable did not occur more than 30 days prior to the date on which the eligibility of such Unbilled Receivable is being
determined; 

 (y) the Obligor of which is not a Governmental Authority, unless (i) each
transfer of such Receivable pursuant to the Transaction Documents is in compliance with all assignment of claims statutes and regulations applicable to such Governmental Authority’s Receivables or such other agreements have been entered into
which are satisfactory to the Administrative Agent in its sole discretion, (ii) such Governmental Authority is a United States Governmental Authority (including any Governmental Authority of a State or local government that is a political
subdivision of the United States), and (iii) the Administrative Agent shall have received evidence, to its reasonable satisfaction, that such Governmental Authority does not have a right of set-off against the Originator thereof or any of its
Affiliates that can be exercised against such Receivables; 
 (z) each Seller and the Originator is a direct or indirect
wholly-owned Subsidiary of the Parent as of such date of determination; 
 (aa) (i) that is a liability of an Obligor
domiciled in, and organized under the laws of, the United States of America (including the District of Columbia but otherwise excluding its territories and possessions), (ii) that is a liability of an Obligor domiciled in Canada or the United
Kingdom, (iii) that is a Permitted Foreign Receivable, or (iv) that is an LC Receivable; 
 (bb) the Obligor of
which has been instructed in an manner consistent with the Credit and Collection Policies to make all payments with respect thereto only (A) by check or money order mailed to the Lockbox, or (B) by wire transfer or moneygram directly to
the Lockbox Account; 
 (cc) if arising under a primary or base Contract executed on or after the Closing Date, the
Contract under which such Receivable arises provides either (x) that all payments with respect to Receivables arising thereunder are to be made by remitting payment to a Lockbox or a Collection Account or (y) that the payment instructions
in respect of payments with respect to Receivable arising thereunder may be changed by written notice from the related Seller, the Originator, the Servicer, the Borrower or an assignee thereof; 

(dd) [reserved]; 

(ee) [reserved]; 

(ff) that is not subject to any Lease Lien that is not a Permitted Lease Lien; 

(gg) that arises under a Contract (A) that is governed by the law of (i) a State of the United States,
(ii) England or (iii) another jurisdiction requested by the Borrower and as to which the Administrative Agent is satisfied (based on representations of the Borrower or otherwise) that the application of such law does not adversely affect
the interest of the Borrower or the Administrative Agent in Receivables arising under such Contract, or the exercise or enforcement of the Borrower’s or the Administrative Agent’s rights and remedies in respect of such Receivables and
Related Rights and (B) pursuant to which, in the event that the Obligor under such Contract is not domiciled in the United States, Canada or England, such Contract provides that disputes arising under the Contract shall be: (i) adjudicated
in a court in England or a state or federal court in the United States; or (ii) submitted to arbitration at a site in England, Switzerland or the United States; 

(hh) that complies with such other criteria and requirements that the Administrative Agent has determined, in consultation
with the Borrower and the Servicer, in the Administrative Agent’s commercially reasonable judgment to be necessary, as set forth in a written notice from the Administrative Agent to the Borrower prior to such date of determination; and 

 (ii) that complies with such other criteria and requirements that the
Administrative Agent, following receipt of written request therefor by the Borrower or the Servicer, has determined are (in the Administrative Agent’s commercially reasonable judgment) acceptable. 

“Equity Interests” means, with respect to any Person, all of the shares, interests, rights, participations or
other equivalents (however designated) of capital stock of (or other ownership or profit interests or units in) such Person and all of the warrants, options or other rights for the purchase, acquisition or exchange from such Person of any of the
foregoing (including through convertible securities). 
 “ERISA” shall mean the Employee Retirement Income
Security Act of 1974 and any regulations promulgated thereunder. 
 “ERISA Affiliate” shall mean, with
respect to any Person, any trade or business (whether or not incorporated) that, together with such Person, as applicable, are treated as a single employer within the meaning of sections 414(b), (c), (m) or (o) of the IRC. 

“ESOP” shall mean a Plan that is intended to satisfy the requirements of section 4975(e)(7) of the IRC. 

“Event of Servicer Termination” shall have the meaning assigned to it in section 4.1 of the Servicing
Agreement. 
 “Excess Concentration Amount” shall mean, with respect to any Obligor of any Receivables and
as of any date of determination, the amount by which the Outstanding Balance of Receivables owing by such Obligor exceeds (i) the Concentration Percentage for such Obligor multiplied by (ii) the Outstanding Balance of all
Receivables on such date; provided, however, that in the case of an Obligor which is an Affiliate of other Obligors, the Excess Concentration Amount for such Obligor shall be calculated as if such Obligor and such one or more
affiliated Obligors were one Obligor. 
 “Excluded Contract Rights” with respect to a Contract shall mean
all obligations of the Originator or any Seller thereunder. 
 “Excluded Obligor” shall mean any Obligor
(a) that is a Subsidiary or Affiliate of any Seller, the Originator, the Parent, the Servicer or the Borrower, or (b) that is designated as an Excluded Obligor, based on the Administrative Agent’s commercially reasonable credit
judgment of such Obligor, in consultation with the Borrower and the Servicer. 
 “Excluded Receivable”
shall mean, on any date of determination, (i) any Non-permitted Receivable and (ii) any other receivable that arises under a contract described, as of the Closing Date, on Schedule B to the Servicing Agreement and, on any other date,
(x) on the related schedule to the last Monthly Report delivered prior to such date of determination or (y) under a contract that will be described on the related schedule to the next Monthly Report to be delivered after such date of
determination. 
 “Excluded Taxes” shall mean, with respect to the Administrative Agent, any Lender, any LC
Lender or any other recipient of any payment to be made by or on account of any obligation of any Person under any Transaction Document, (a) income taxes imposed on (or measured by) its net income, or franchise taxes, in either case imposed by
a jurisdiction as a result of such recipient being organized in, having its principal office in, or in the case of any Lender, its applicable lending office in, or doing business in such jurisdiction (other than a business in such jurisdiction
arising or deemed to arise by reason of executing, delivering, being a party to, engaging in any transactions pursuant to, performing its 

 
obligations under, receiving payments, receiving or perfecting a security interest under, and/or enforcing any Transaction Documents), including, for the avoidance of doubt, any U.S. federal
backup withholding tax under section 3406 of the IRC, (b) any branch profits tax under section 884(a) of the IRC, or any similar tax, that is imposed by any jurisdiction described in subsection (a) above, (c) in the case of a
Lender or an LC Lender, any U.S. federal withholding tax that is imposed pursuant to law in effect on the Closing Date or such later date as such Lender or such LC Lender becomes a party to this Agreement (or designates a new lending office), except
to the extent that such Lender or such LC Lender (or its assignor, if any) was entitled, immediately prior to such later date that such Lender or LC Lender became party to the Credit Agreement or designated a new lending office (or assignment), to
receive additional amounts from the Borrower with respect to such withholding tax pursuant to Section 2.10 of the Credit Agreement, (d) any withholding tax that is attributable to such recipient’s failure to comply with
Section 2.10 of the Credit Agreement and (e) any tax, assessment or other governmental charge imposed under FATCA. 

“Facility Maturity Date” shall mean the earliest to occur of: 

(i)         the Final Advance Date; 

(ii)        the date so designated pursuant to Section 8.1 of the Credit
Agreement; 
 (iii)       the date of termination of the Maximum Revolving Commitment
Amount specified in a notice from the Borrower to the Administrative Agent delivered pursuant to and in accordance with Section 2.2(b) of the Credit Agreement; 

(iv)       the ninetieth (90th) day prior to (x) in the event that any Successor
Senior Credit Agreement has been entered into, the earliest scheduled maturity date of any obligations for Indebtedness arising (or which could arise as a result of any borrowing or similar event) under such Successor Senior Credit Agreement or
(y) otherwise the Scheduled Senior Credit Agreement Maturity Date; and 

(v)        the ninetieth
(90th) day prior to the earliest scheduled maturity date of any obligations for Indebtedness (a) maturing after December 31, 2015 and (b) having an outstanding principal
balance in excess of $100 million (or such higher amount as to which the Administrative Agent, in its sole and absolute discretion, may consent) on such ninetieth (90th) day. 

“FATCA” means sections 1471, 1472, 1473 and 1474 of the IRC as of the date of this Agreement (or any amended
or successor version to the extent that it is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof and any agreements entered into pursuant to the IRC (or any
amended or successor version). 
 “Federal Funds Rate” means, for any day, a floating rate equal to the
weighted average of the rates on overnight federal funds transactions among members of the Federal Reserve System, as determined by the Administrative Agent. 

“Federal Reserve Board” shall mean the Board of Governors of the Federal Reserve System. 

“Fee Letter” shall mean that certain fee letter agreement dated June 9, 2014 among GE Corporate
Financial Services, Inc., GE Capital Markets, Inc., and Alpha Natural Resources, Inc. 
 “Fees” shall mean
any and all fees payable to the Administrative Agent or any Lender pursuant to the Credit Agreement or any other Transaction Document, including, without limitation, the Unused Fee; provided, for the avoidance of doubt, that the defined term
“Fees” shall not include LC Lender Fees or Servicer Fees. 

 “Final Advance Date” shall mean September 19, 2018. 

“Financial Officer” of any Person shall mean the chief financial officer, principal accounting officer,
treasurer, assistant treasurer or controller of such Person. 
 “Fixed Charge Coverage Ratio” shall have
the meaning assigned to it on Annex V. 
 “Foreign Lender” shall mean any Lender or any LC Lender
that is not a “United States person” within the meaning of section 7701(a)(30) of the IRC. 
 “Funding
Availability” shall mean, as of any date of determination, the amount, if any, by which the Borrowing Base exceeds the Outstanding Principal Amount, in each case as of the end of the immediately preceding day. 

“Funding Availability Adjusted Amount” shall mean, as of any date of determination, the amount, if any by
which the Borrowing Base as calculated in subsection (b) of the definition thereof plus the amount on deposit in the LC Collateral Account (up to the LC Deposit Amount) exceeds (B) the Outstanding Principal Amount, in each case as
of the end of the immediately preceding day. 
 “Funding Excess” shall mean, as of any date of
determination, the extent to which (A) the Outstanding Principal Amount exceeds (B) the sum of (i) the Borrowing Base (as disclosed in the most recently submitted Borrowing Base Certificate or Borrowing Request or, upon notice to and
following consultation with the Borrower, as otherwise determined by the Administrative Agent in its commercially reasonable judgment) plus (ii) the result of, (a) if no Termination Event has occurred and is continuing, the
aggregate of the amount on deposit in the LC Collateral Account plus the amount of Available Net Collections on deposit in the Lockbox Account and any Specified Account or (b) if a Termination Event has occurred and is continuing,
(I) the amount on deposit in the LC Collateral Account divided by 1.05 plus (II) the amount of Available Net Collections on deposit in the Lockbox Account and any Specified Account. 

“GAAP” shall mean generally accepted accounting principles in the United States of America as in effect from
time to time, consistently applied as such term is further defined in Section 2(a) of this Annex X. 

“GE Capital” shall mean General Electric Capital Corporation, a Delaware corporation. 

“Governmental Authority” shall mean any nation or government, any state, province or other political
subdivision thereof, and any agency, department or other entity exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to government. 

“Guaranteed Indebtedness” shall mean, as to any Person, any obligation of such Person guaranteeing any
indebtedness, lease, dividend, or other obligation (“primary obligation”) of any other Person (the “primary obligor”) in any manner, including any obligation or arrangement of such Person to (a) purchase or
repurchase any such primary obligation, (b) advance or supply funds (i) for the purchase or payment of any such primary obligation or (ii) to maintain working capital or equity capital of the primary obligor or otherwise to maintain
the net worth or solvency of the primary obligor, (c) purchase property, securities or services primarily for the purpose of assuring the owner of any such primary obligation of the ability of the primary obligor to make payment of such primary
obligation, or (d) indemnify the owner of such primary obligation against loss in respect thereof. The amount of any Guaranteed Indebtedness at any time shall be deemed to be the amount equal to the lesser at such time of (x) the stated or
determinable amount of the primary obligation in respect of which such Guaranteed 

 
Indebtedness is incurred and (y) the maximum amount for which such Person may be liable pursuant to the terms of the instrument embodying such Guaranteed Indebtedness; or, if not stated or
determinable, the maximum reasonably anticipated liability (assuming full performance) in respect thereof. 

“Immaterial Misstatement” means (i) any untrue or incorrect information set forth in any Borrowing Base
Certificate which does not cause the calculation of the Borrowing Base reflected on such Borrowing Base Certificate to be greater than what the calculation of the Borrowing Base would have been if such information were not untrue or incorrect or
(ii) any untrue or incorrect information unintentionally set forth in any Borrowing Base Certificate which does not cause the calculation of the Borrowing Base reflected on such Borrowing Base Certificate to be more than 1% greater than what
the calculation of the Borrowing Base would have been if such information were not untrue or incorrect; provided, that in the case of clause (ii), such information is corrected within two Business Days after an Authorized Officer of the
Borrower becomes aware thereof. 
 “Impacted Lender” shall have the meaning assigned to it in
Section 2.18(a) of the Credit Agreement. 
 “Inactive Seller” shall mean any Seller that has
permanently ceased to generate Receivables and regarding which, on any date of determination, the aggregate of the Outstanding Balances of Receivables associated with such Seller equals zero. 

“Incipient Termination Event” shall mean any event that, with the passage of time or the giving of notice or
both, would constitute a Termination Event. 
 “Increase Effective Date” shall have the meaning assigned to
it in Section 2.11 of the Credit Agreement. 
 “Indebtedness” shall have the meaning assigned
to it on Annex U. 
 “Indemnified Amounts” shall mean, with respect to any Person, any and all
suits, actions, proceedings, claims, damages, losses, liabilities and reasonable out-of-pocket and documented expenses (including, but not limited to, reasonable out-of-pocket and documented attorneys’ fees and disbursements and other
reasonable and documented out-of-pocket costs of investigation or defense, including those incurred upon any appeal) including any taxes imposed on such Indemnified Amounts (other than Indemnified Taxes, Other Taxes or Excluded Taxes imposed on
payments on the Notes which are expressly indemnified or excluded from indemnity under, and are governed exclusively by, the provisions of Section 2.10). 

“Indemnified Person” shall have the meaning assigned to it in Section 10.1(a) of the Credit
Agreement. 
 “Indemnified Taxes” shall have the meaning assigned to it in Section 2.10 of the
Credit Agreement. 
 “Independent Manager” means, with respect to a subject Person, a natural person which
itself (and for the avoidance of doubt not any Person which is the employer of such natural person) satisfies each of the following: (i) such person is not a direct or indirect or beneficial stockholder, officer, director or manager (other than
in a capacity as an independent director or independent manager of an Affiliate of such Person in connection with a securitization transaction), employee, affiliate, associate, customer, supplier of such Person or such Person’s Affiliates, or
any relative thereof, nor a trustee in bankruptcy for any thereof and (ii) such person (a) has at least three years’ prior experience in transactions involving the 

 
securitization of financial assets and prior experience as an “independent manager” or an “independent director” for a corporation or an independent director or manager for an
entity (other than such Person) whose charter or organizational documents require the unanimous consent of all independent directors or independent managers, as applicable, before such entity could file a bankruptcy proceeding or consent to the
initiation of bankruptcy proceedings against it and (b) is employed by, and has at least three years of employment experience with any of (or any combination of), Lord Securities Corporation, Stewart Management Company, Wilmington Trust
Company, National Registered Agents, Inc., Global Securitization Services, LLC, Amacar, L.L.C., Corporation Service Company, CT Corporation Staffing, Inc. or a similar nationally recognized provider of advisory, management, or placement services to
issuers of securitization or structured finance instruments, agreements or securities, which in the ordinary course of its business provides independent directors or independent managers for special-purpose financing entities such as the Borrower,
which similar nationally recognized provider is approved by the Administrative Agent in writing (such approval not to be unreasonably withheld or delayed). 

“Index Rate” shall mean a floating rate of interest determined by the Administrative Agent equal to the
greatest of: 
  

	 	(i)	 the Prime Rate; 

  

	 	(ii)	 the Federal Funds Rate plus 0.50% per annum; and 

  

	 	(iii)	 the sum of: 

  

	 	(a)	 1.00%; and 

  

	 	(b)	 the LIBOR Underlying Rate; 

provided that in no event shall the Index Rate for any day be less than the LIBOR Rate for the
Interest Period in which such day occurs. 
 “Index Rate Advance” shall mean an Advance or portion thereof
bearing interest by reference to the Index Rate. 
 “Ineligible Receivable” shall mean any Receivable which
fails to satisfy all of the requirements of an “Eligible Receivable” set forth in the definition thereof. 

“Insolvency Proceeding” means: (a) any case, action or proceeding before any court or other Governmental
Authority relating to bankruptcy, reorganization, insolvency, liquidation, receivership, dissolution, winding-up or relief of debtors, or (b) any general assignment for the benefit of creditors of a Person or any composition, marshalling of
assets for creditors of a Person, or other similar arrangement in respect of its creditors generally or any substantial portion of its creditors, in each case undertaken under U.S. Federal, state or foreign law, including the Bankruptcy Cod 

“Interest Period” shall mean, any calendar month, commencing with the first Business Day of such calendar
month, and ending with the last day of such calendar month (or if the last day of such calendar month is not a Business Day, the next succeeding Business Day of the following calendar month). 

“Interest Reserve Rate” shall mean, for any day, the product of (X) 1.50, (Y) the Index Rate and
(Z) a fraction, the numerator of which is the higher of (a) 30 and (b) the product of 2.0 and a number equal to the most recently determined Turnover Days, and the denominator of which is 360. 

 “Investment Company Act” shall mean the provisions of the
Investment Company Act of 1940, 15 U.S.C. §§ 80a et seq., and any regulations promulgated thereunder. 

“Investments” shall mean, with respect to any Borrower Account Collateral, the certificates, instruments,
investment property or other investments in which amounts constituting such collateral are invested from time to time. 

“IRC” shall mean the Internal Revenue Code of 1986, as amended, and any regulations promulgated thereunder.

 “IRS” shall mean the Internal Revenue Service. 

“Joinder Agreement” has the meaning specified in the Receivables Sale Agreement. 

“LC Account Initial Establishment” has the meaning set forth in Section 6.1(d). 

“LC Collateral Account” means the account designated as the LC Collateral Account established in accordance
with Section 6.1(d) (for the benefit of the LC Lenders and the Lenders), or such other account as may be so designated as such by the Administrative Agent with notice to the Borrower and the Servicer. 

“LC Collateral Account Bank” has the meaning set forth in Section 6.1(d). 

“LC Deposit Amount” shall mean, as of any date of determination, (A) prior to the occurrence and
continuation of a Termination Event, an amount equal to the LC Participation Amount as of such date and (B) on and after the occurrence and continuation of a Termination Event, an amount equal to the product of (i) the LC Participation
Amount as of such date and (ii) 1.05. 
 “LC Lender” means General Electric Capital Corporation (in
its capacity as LC Lender), any bank designated by a Requested LC Lender to be an LC Lender, including, without limitation, Webster Business Credit Corporation, any Lender or an Affiliate thereof or a bank or other legally authorized Person, in each
case, reasonably acceptable to the Administrative Agent, in such Person’s capacity as an issuer of Letters of Credit hereunder. 

“LC Lender Fees” shall have the meaning set forth in Section 2.17(b). 

“LC Participation” shall have the meaning set forth in Section 2.19(a). 

“LC Participation Amount” shall mean, at any time, the sum of the undrawn amounts of all outstanding Letters
of Credit. 
 “LC Receivable” shall mean any Receivable that is supported by a Confirmed Letter of Credit.

 “Lease Lien” shall mean the Lien, if any, created under the coal mining leases that provide for royalty
payments to be made by the lessee to the lessor and create a security interest in favor of the lessor to secure payment of such royalty payments. 

“Lender” shall have the meaning assigned to it in the preamble of the Credit Agreement; provided, that
the term “Lender” shall include the Swing Line Lender unless the context otherwise requires. 

 “Lender-Related Distress Event” means, with respect to any
Lender, that the following has occurred with respect to such Lender or with respect to any Person that directly or indirectly controls such Lender (each a “Distressed Person”): (i) a voluntary or involuntary case with respect
to such Distressed Person under the Bankruptcy Code or any similar bankruptcy laws of its jurisdiction of formation; (ii) a custodian, conservator, receiver or similar official is appointed for such Distressed Person or any substantial part of
such Distressed Person’s assets; (iii) such Distressed Person is subject to a forced liquidation, merger, sale or other change of control supported in whole or in part by guaranties or other support (including, without limitation, the
nationalization or assumption of majority ownership or operating control by) from the U.S. government or other Governmental Authority; or (iv) such Distressed Person makes a general assignment for the benefit of creditors or is otherwise
adjudicated as, or determined by any Governmental Authority having regulatory authority over such Distressed Person or its assets to be, insolvent, bankrupt, or deficient in meeting any capital adequacy or liquidity standard of any such Governmental
Authority. 
 “Letter of Credit” shall have the meaning assigned to it in Section 2.17 of the
Credit Agreement. 
 “LIBOR Business Day” shall mean a Business Day on which banks in the city of London
are generally open for interbank or foreign exchange transactions; 
 “LIBOR Rate” shall mean, for any
Interest Period, a per annum rate of interest determined by the Administrative Agent equal to the Applicable LIBOR Margin plus the LIBOR Underlying Rate; provided, that if the introduction of or any change in any law or regulation (or
any change in the interpretation thereof) shall make it unlawful, or any central bank or other Governmental Authority with jurisdiction over a Lender shall assert that it is unlawful, for a Lender to agree to make or to make or to continue to fund
or maintain any Advances at the LIBOR Rate, the LIBOR Rate shall in all cases be equal to the Index Rate. For the avoidance of doubt, except as provided in the immediately preceding proviso, the LIBOR Rate determined for any Interest Period shall
remain fixed for such Interest Period. 
 “LIBOR Rate Advance” shall mean an Advance or portion thereof
bearing interest by reference to the LIBOR Rate. 
 “LIBOR Underlying Rate” means, for any Interest Period,
(a) the offered rate for deposits in United States Dollars for a one month period which appears on Reuters Screen LIBOR01 Page as of 11:00 a.m., London time, on the second full LIBOR Business Day next preceding the first day of such Interest
Period; divided by 
 (b)        a number equal to 1.0 minus the aggregate
(but without duplication) of the rates (expressed as a decimal fraction) of reserve requirements in effect on the day which is two (2) LIBOR Business Days prior to the beginning of such Interest Period (including basic, supplemental, marginal
and emergency reserves under any regulations of the Board of Governors of the Federal Reserve system or other governmental authority having jurisdiction with respect thereto, as now and from time to time in effect) for Eurocurrency funding
(currently referred to as “Eurocurrency liabilities” in Regulation D of such Board) which are required to be maintained by a member bank of the Federal Reserve System; 

If such interest rates shall cease to be available from Reuters, the LIBOR Underlying Rate shall be determined from such
financial reporting service or other information reasonably selected by the Administrative Agent. 
 “Lien”
shall mean any mortgage or deed of trust, pledge, hypothecation, assignment, deposit arrangement, lien, charge, claim, security interest, easement or encumbrance, or preference, priority or 

 
other security agreement or preferential arrangement of any kind or nature whatsoever (including any lease or title retention agreement, any financing lease having substantially the same economic
effect as any of the foregoing, and the filing of, or agreement to give, any financing statement perfecting a security interest under the UCC or comparable law of any jurisdiction). 

“Litigation” shall mean, with respect to any Person, any action, claim, lawsuit, demand, investigation or
proceeding pending against such Person before any court, board, commission, agency or instrumentality of any federal, state, local or foreign government or of any agency or subdivision thereof or before any arbitrator or panel of arbitrators. 

“Lockbox” shall have the meaning assigned to it in Section 6.1(a)(ii) of the Credit Agreement.

 “Lockbox Account” means any deposit account assigned to the Borrower for the deposit of Collections
pursuant to and in accordance with Section 6.1(a) of the Credit Agreement. 
 “Lockbox Account
Bank” shall mean any bank or other financial institution at which one or more Lockbox Accounts are maintained. 

“Lockbox Control Agreement” shall mean any agreement between the Borrower, the Servicer, the Administrative
Agent, and a Lockbox Processor with respect to a Lockbox that provides, among other things, that the Administrative Agent has exclusive control over the Lockbox, the items of payment received in the related Lockbox and is otherwise in form and
substance acceptable to the Administrative Agent. 
 “Lockbox Processor” means any other Person that may
from time to time perform Lockbox services with respect to one or more Lockboxes and that has been approved as a Lockbox Processor by the Administrative Agent in writing. 

“Loss Reserve Rate” means 5.00%. 

“Material Adverse Effect” shall mean a material adverse effect on (a) the business, assets, liabilities,
operations or financial or other condition of (i) the Sellers (considered as a whole), (ii) the Borrower, (iii) the Parent, (iv) the Servicer or (v) the Originator, (b) the ability of any Seller, the Originator, the
Borrower, the Parent or the Servicer to perform in any material respect any of its obligations under the Transaction Documents in accordance with the terms thereof, (c) the validity or enforceability of any Transaction Document or the rights
and remedies of the Borrower, the Lenders or the Administrative Agent under any Transaction Document or (d) the collectibility of the Transferred Receivables generally, any material portion of the Transferred Receivables, the Borrower
Collateral (taken as a whole) or the ownership interests or Liens of the Borrower or the Administrative Agent thereon or the priority of such interests or Liens.

“Material Indebtedness” means any indebtedness of the Parent or any subsidiary thereof in a principal amount
of $25,000,000 or more. 
 “Maturity Date” shall mean, with respect to any Receivable, the due date for
payment therefor specified in the Contract therefor, or, if no date is so specified, 30 days from the Billing Date. 

“Maximum Revolving Commitment Amount” means an amount equal to the Revolving Commitments of all Lenders,
which aggregate commitment shall be $200,000,000.00 on the Closing Date, as such amount may be adjusted from time to time in accordance with the Credit Agreement. 

 “Monthly Report” shall have the meaning assigned to it in
Annex 5.2(a) to the Credit Agreement. 
 “Monthly Report Date” means the 21st day of each calendar
month (or if such day is not a Business Day, the next succeeding Business Day); provided, that the first Monthly Report Date shall occur in October 2014. 

“Moody’s” shall mean Moody’s Investors Service, Inc. or any successor thereto. 

“Net Eligible Receivables Balance” means, as of any date of determination, the sum of the following: 

(A)        the Outstanding Balance of Eligible Receivables; 

minus 

(B)        the aggregate Excess Concentration Amount in respect of
all Obligors; 
 minus 

(C)        the amount by which the aggregate Outstanding Balance of
all Permitted Foreign Receivables (other than Special Obligor Receivables) exceeds the Permitted Foreign Receivables Cap; 

in each case, as of such date of determination and as disclosed in the most recently submitted Daily Report, Weekly Report,
Monthly Report, Borrowing Base Certificate or Borrower Request or as otherwise determined by the Administrative Agent based on Borrower Collateral information available to it, including any information obtained from any audit or from any other
reports with respect to the Borrower Collateral, which determination shall be final, binding and conclusive on all parties to the Administrative Agreement (absent manifest error). 

“Non-Consenting Lender” shall have the meaning assigned to it in Section 2.13 of the Credit
Agreement. 
 “Non-Funding Lender” means any Lender: (a) that has failed for three or more Business
Days to fund any payments required to be made by it under this Agreement, (b) that has given verbal or written notice to the Borrower or the Administrative Agent or has otherwise publicly announced that such Lender believes it will fail to fund
all Revolving Credit Advances and other payments required to be funded by it under this Agreement as of any Settlement Date; (c) that has, for three or more Business Days, failed to confirm in writing to the Administrative Agent, in response to
a written request of the Administrative Agent, that it will comply with its funding obligations hereunder; (d) that has defaulted in fulfilling its obligations (as a lender, agent or letter of credit issuer) under one or more other syndicated
loan or credit facilities or (e) with respect to which one or more Lender-Related Distress Events has occurred. 

“Non-Funding Lender Account” shall have the meaning assigned to it in Section 2.14 of the Credit
Agreement. 
 “Non-permitted Receivable” shall mean any receivable that arises under a Contract that (a)(i)
expressly prohibits the assignment of the receivable arising under such Contract or (ii) expressly prohibits the assignment of such Contract and does not expressly permit assignment of the receivable arising under such Contract, and (b) is
governed by a jurisdiction the laws of which the Servicer has not determined 

 
invalidate express or implied anti-assignment provisions in such Contract relating to the rights to payment under such Contract. 

“Notes” shall mean the Revolving Notes and the Swing Line Notes, collectively. 

“Obligor” shall mean, with respect to any receivable, the Person primarily obligated to make payments in
respect thereof under the related Contract. 
 “OFAC” means the U.S. Department of the Treasury’s
Office of Foreign Assets Control. 
 “Officer’s Certificate” shall mean, with respect to any Person, a
certificate signed by an Authorized Officer of such Person. 
 “Originator” shall mean Alpha Coal Sales
Co., LLC. 
 “Other Lender” shall have the meaning assigned to it in Section 2.3(e) of the
Credit Agreement. 
 “Other Taxes” means all present or future stamp or documentary Taxes or any other
excise, property intangible, mortgage recording or similar Taxes, charges or similar levies arising from any payment made hereunder or from the execution, delivery or enforcement of, or otherwise with respect to, this Agreement including any
interest, additions to tax or penalties applicable thereto; provided that such term shall not include any of the foregoing Taxes that result from an assignment or grant of a participation pursuant to Section 12.2(b) or (c), or
designation of a new office for receiving payments under this Agreement, except to the extent that any such action described in this proviso is requested or required by the Borrower. 

“Outstanding Balance” shall mean, with respect to any Receivable, as of any date of determination, the amount
(which amount shall not be less than zero) equal to (a) the Billed Amount thereof, minus (b) all Collections received from the Obligor thereunder that reduce such Billed Amount, minus (c) all Dilution Factors and other
discounts to, or any other modifications by, the applicable Seller, the Borrower, the Originator or the Servicer that reduce such Billed Amount; provided, that if the Administrative Agent or the Servicer makes a good faith determination that
all payments by the applicable Obligor with respect to such Billed Amount have been made, the Outstanding Balance shall be zero. 

“Outstanding Principal Amount” shall mean, as of any date of determination, the amount equal to (a) the
aggregate Revolving Credit Advances made by the Lenders under the Credit Agreement on or before such date, minus (b) the aggregate amounts disbursed to any Lender in reduction of the principal of such Revolving Credit Advances pursuant
to the Credit Agreement on or before such date plus (c) the LC Participation Amount as of such date (after giving effect to any issuances of Letters of Credit on such date) plus (d) the outstanding balance of any Swing Line
Advances as of such date; provided, that references to the Outstanding Principal Amount of any Lender shall mean an amount equal to (w) the aggregate Revolving Credit Advances made by such Lender pursuant to the Credit Agreement on or
before such date, minus (x) the aggregate amounts disbursed to such Lender in reduction of the principal of such Advances pursuant to the Credit Agreement on or before such date and not required to be returned as preference payments or
otherwise plus (y) the LC Participation Amount attributable to such Lender (after giving effect to any issuances of Letters of Credit on such date) plus (z) the portion of any Swing Line Participation to such Lender; provided,
further that if any repayment of Advances is rescinded or required to be returned as a preference for any reason, then the Outstanding Principal Amount shall include the amount so rescinded or returned. 

 “Parent” shall mean Alpha Natural Resources, Inc. 

“Parent Group” shall mean the Parent and each of its Affiliates other than the Borrower. 

“Participant Register” shall have the meaning assigned to it in Section 12.2(c) of the Credit
Agreement. 
 “PBGC” shall mean the Pension Benefit Guaranty Corporation. 

“Permitted Dilution Adjustments” shall mean, with respect to any Borrowing Base Certificate, Monthly Report
or Weekly Report, any adjustment to the Outstanding Balance of any Eligible Receivable designated as an Eligible Receivable in such Borrowing Base Certificate, Monthly Report or Weekly Report to reflect Dilution Factors made in a manner consistent
with the Credit and Collection Policies; provided, that such adjustment is given effect for purposes of making all calculations and determinations set forth (or contemplated) in any such Borrowing Base Certificate, Monthly Report or Weekly
Report. 
 “Permitted Discretion” means a determination made in good faith, in consultation with the
Borrower and the Servicer, and in the exercise of reasonable (from the perspective of a secured asset-based lender) credit judgment. 

“Permitted Encumbrances” shall mean (i) Liens for taxes or assessments or other governmental charges or
levies not yet due and payable or that are being contested in good faith by appropriate proceedings as to which the Administrative Agent has been notified in writing and established a reserve satisfactory to the Administrative Agent in its sole and
absolute discretion after consultation with the Borrower; (ii) Permitted Real Estate Encumbrances, (iii) Liens securing judgments that do not constitute a Termination Event, (iv) presently existing or hereinafter created Liens in
favor of the Originator, the Borrower, the Lenders or the Administrative Agent created by the Credit Agreement and the other Transaction Documents and (v) a Permitted Lease Lien. 

“Permitted Foreign Receivable” shall mean any Receivable (other than an LC Receivable) that is a liability of
an Approved Obligor domiciled in Switzerland, Sweden, Singapore, Luxembourg, Germany or Austria or any other country that may be consented to by the Administrative Agent (in its sole discretion) from time to time. 

“Permitted Foreign Receivables Cap” shall mean, as of any date of determination, an amount equal to the
lesser of (i) $35,000,000 and (ii) the product of 0.175 and the Maximum Revolving Commitment Amount as of such date of determination. 

“Permitted Investments” shall mean any of the following: 

(a)        obligations of, or guaranteed as to the full and timely payment of
principal and interest by, the United States of America or obligations of any agency or instrumentality thereof if such obligations are backed by the full faith and credit of the United States of America, in each case with maturities of not more
than 90 days from the date acquired; 
 (b)        repurchase agreements on
obligations of the type specified in subsection (a) of this definition; provided, that the short-term debt obligations of the party agreeing to repurchase are rated at least A-1 or the equivalent by S&P and P-1 or the equivalent by
Moody’s; 
 (c)        federal funds, certificates of deposit, time deposits
and bankers’ acceptances of any depository institution or trust company incorporated under the laws of the United States of America or 

 
any state, in each case with original maturities of not more than 90 days or, in the case of bankers’ acceptances, original maturities of not more than 365 days; provided, that the
short-term obligations of such depository institution or trust company are rated at least A-1 or the equivalent by S&P and P-1 or the equivalent by Moody’s; 

(d)        commercial paper of any corporation incorporated under the laws of the
United States of America or any state thereof with original maturities of not more than 180 days that on the date of acquisition are rated at least A-1 or the equivalent by S&P and P-1 or the equivalent by Moody’s; and 

(e)        securities of money market funds rated at least A-1 or the equivalent by
S&P and P-1 or the equivalent by Moody’s. 
 “Permitted Lease Lien” shall mean any Lease Lien that
remains unperfected. 
 “Permitted Real Estate Encumbrances” shall mean the following encumbrances that do
not, in any case, individually or in the aggregate, materially detract from the value of any Receivable or materially adversely affect the interests of the Borrower or the Administrative Agent in any Receivable: (i) encumbrances typically found
upon Real Property used for mining purposes in the applicable jurisdiction in which the applicable Real Property is located to the extent such encumbrances would be permitted or granted by a prudent operator of mining property similar in use and
configuration to such Real Property (e.g., surface rights agreements, wheelage agreements and reconveyance agreements); (ii) rights and easements of owners (A) of undivided interests in any of the Real Property where the applicable Loan
Party (as defined in the Senior Credit Agreement) of Subsidiary owns less than 100% of the fee interest, (B) of interests in the surface of any Real Property where the applicable Loan Party or Subsidiary does not own or lease such surface
interest, (C) lessees, if any, of coal or other minerals (including oil, gas and coalbed methane) where the applicable Loan Party or Subsidiary does not own such coal or other minerals, and (D) lessees of other coal seams and other
minerals (including oil, gas and coalbed methane) not owned or leased by such Loan Party or Subsidiary; (iii) with respect to any Real Property in which the Borrower or any Restricted Subsidiary (as defined in the Senior Credit Agreement) holds
a leasehold interest, terms, agreements, provisions, conditions, and limitations (other than royalty and other payment obligations which are otherwise permitted hereunder) contained in the leases granting such leasehold interest and the rights of
lessors thereunder (and their heirs, executors, administrators, successors, and assigns); (iv) farm, grazing, hunting, recreational and residential leases with respect to which the Borrower or any Restricted Subsidiary is the lessor encumbering
portions of the Real Properties to the extent such leases would be granted or permitted by, and contain terms and provisions that would be acceptable to, a prudent operator of mining properties similar in use and configuration to such Real
Properties; (v) royalty and other payment obligations to sellers or transferors of fee coal or lease properties to the extent such obligations constitute a lien not yet delinquent; (vi) rights of others to subjacent or lateral support and
absence of subsidence rights or to the maintenance of barrier pillars or restrictions on mining within certain areas as provided by any Mining Lease (as defined in the Senior Credit Agreement), unless in each case waived by such other person; and
(vii) rights of repurchase or reversion when mining and reclamation are completed. 
 “Person” shall
mean any individual, sole proprietorship, partnership, joint venture, unincorporated organization, trust, association, corporation (including a business trust), limited liability company, institution, public benefit corporation, joint stock company,
Governmental Authority or any other entity of whatever nature. 
 “Plan” shall mean, at any time during the
preceding five years, an “employee benefit plan,” as defined in section 3(3) of ERISA, that any Seller or ERISA Affiliate maintains, contributes to or has an 

 
obligation to contribute to on behalf of participants who are or were employed by any Seller or ERISA Affiliate and is subject to Title IV of ERISA. 

“Prime Rate” means, as of any date, the rate last quoted by The Wall Street Journal as the “Prime
Rate” in the United States or, if The Wall Street Journal ceases to quote such rate, the highest per annum interest rate published by the Federal Reserve Board in Federal Reserve Statistical Release H.15 (519) (Selected Interest Rates)
as the “bank prime loan” rate, or, if such rate is no longer quoted therein, any similar rate quoted therein (as determined by the Administrative Agent) or any similar release by the Federal Reserve Board (as determined by the
Administrative Agent) 
 “Pro Rata Share” shall mean with respect to all matters relating to any Lender
(other than the Swing Line Lender), the percentage obtained by dividing (i) the Revolving Commitment of such Lender by (ii) the Maximum Revolving Commitment Amount, as such percentage may be adjusted by assignments permitted pursuant to
Section 12.2 of the Credit Agreement; provided, however, if all of the Revolving Commitments are terminated pursuant to the terms of the Credit Agreement, then “Pro Rata Share” shall mean with respect to
all matters relating to any Lender, the percentage obtained by dividing (x) the sum of (A) such Lender’s Revolving Credit Advances, plus (B) the LC Participation Amount attributable to such Lender, plus (C) such
Lender’s share of the obligations to purchase participations in Swing Line Advances and refinance Swing Line Advances pursuant to Section 2.1(e) by (y) the aggregate Outstanding Principal Amount. 

“Proposed Change” shall have the meaning assigned to it in Section 12.7(c) of the Credit
Agreement. 
 “Ratios” shall mean, collectively, the Defaulted Receivable Trigger Ratio, the Delinquency
Trigger Ratio, the Dilution Reserve Ratio, the Fixed Charge Coverage Ratio the Dilution Trigger Ratio and the Turnover Days. For purposes of calculating the Dynamic Advance Rate or whether any Termination Event or Incipient Termination Event has
occurred, each Ratio applicable at any time shall be as calculated in the most recently submitted Monthly Report or as otherwise determined by the Administrative Agent based on Borrower Collateral information available to it, including any
information obtained from any audit or from any other reports with respect to the Borrower Collateral, which determination shall be final, binding and conclusive on all parties to the Transaction Documents (absent manifest error). 

“Receivable” shall mean, with respect to any Obligor: 

(a)        indebtedness of such Obligor (whether billed or unbilled and whether
constituting an account, chattel paper, document, instrument, as-extracted collateral or general intangible (under which the Obligor’s principal obligation is a monetary obligation) and whether or not earned by performance) however arising from
the sale, lease or license of goods, as-extracted collateral or other personal property or the provision of services by the Originator or one or more Sellers, or other Person approved by the Administrative Agent in its sole discretion, to such
Obligor, including the right to payment of any interest or finance charges and other obligations of such Obligor with respect thereto; 

(b)        all Liens and property subject thereto from time to time securing or
purporting to secure any such indebtedness of such Obligor; 
 (c)        to the
extent relating to such indebtedness, all right, title and interest in and to (but no obligations under) the Contracts giving rise thereto; 

 (d)        all guaranties, indemnities
and warranties, insurance policies, financing statements, supporting obligations (including, without limitation, the proceeds of Confirmed Letters of Credit and the right to draw thereunder) and other agreements or arrangements of whatever character
from time to time supporting or securing payment of any such indebtedness; 

(e)        all right, title and interest of any Seller, the Originator or the Borrower
in and to any goods (including returned, repossessed or foreclosed goods), and documentation of title evidencing the shipment or storage of any goods (including returned goods), the sale of which gave rise to a receivable; 

(f)        all collections with respect to any of the foregoing; 

(g)       all records with respect to any of the foregoing; and 

(h)       all proceeds with respect to any of the foregoing, 

provided, for the avoidance of doubt, that (i) the definition of “Receivable” hereunder shall include
any Receivable transferred to the Borrower by the Originator pursuant to the Receivables Sale Agreement and (ii) shall not include any Excluded Receivable. 

“Receivables Sale Agreement” shall mean that certain Receivables Sale Agreement dated as of the Closing Date,
by and among the Originator and the Borrower (as amended, restated, supplemented or otherwise modified from time to time). 

“Records” shall mean all Contracts and other documents, books, records and other information (including
customer lists, credit files, computer programs, tapes, disks, data processing software and related property and rights) prepared and maintained by any Seller, the Servicer, the Originator, any Sub-Servicer or the Borrower with respect to the
Receivables and the Obligors thereunder and the Borrower Collateral. 
 “Register” shall have the meaning
assigned to it in Section 2.16(a) of the Credit Agreement. 
 “Regulatory Change” shall mean
any change after the Closing Date in any federal, state or foreign law, regulation (including Regulation D of the Federal Reserve Board), pronouncement by the Financial Accounting Standards Board or the adoption or making after such date of any
interpretation, directive or request under any federal, state or foreign law or regulation (whether or not having the force of law) by any Governmental Authority, the Financial Accounting Standards Board, or any central bank or comparable agency,
charged with the interpretation or administration thereof that, in each case, is applicable to any Affected Party. 

“Reimbursement Deficiency” shall have the meaning assigned to it in Section 2.19(b) of the Credit
Agreement. 
 “Repayment Notice” shall have the meaning assigned to it in Section 2.3(g) of the
Credit Agreement. 
 “Reportable Event” shall mean any of the events set forth in section 4043(c) of ERISA
and regulations promulgated thereunder, other than those events as to which the 30-day notice period referred to in section 4043(c) of ERISA has been waived. 

“Requested LC Lender” shall mean have the meaning specified in Section 2.18(a) of the Credit
Agreement. 

 “Required Minimum Balance” shall mean, on any day, One Million
Dollars ($1,000,000). 
 “Required Remedies Lenders” shall mean: 

(i)         if there is one (1) Lender, such Lender; 

(ii)        if there are two (2) or three (3) Lenders, each Lender that is
not a Non-Funding Lender; and 
 (iii)       if there are four (4) or more Lenders,
a number of Lenders equal to (A) the number of Lenders that are not a Non-Funding Lenders minus (B) one Lender. 

For purposes of this definition, if any Lender is an Affiliate of any other Lender, the number of Lenders party to the Credit
Agreement shall be calculated as if such Lender and such one or more affiliated Lenders were one Lender. 

“Requisite Lenders” shall mean: 

(i)         if there is one (1) Lender, such Lender; 

(ii)        if there are two (2) Lenders, both Lenders (or, if one Lender is a
Non-Funding Lender, the Other Lender shall constitute the “Requisite Lenders”); 

(iii)       if there are three (3) Lenders, (a) two or more Lenders having in the
aggregate more than fifty percent (50%) of the Maximum Revolving Commitment Amount, or (b) if the Revolving Commitments have been terminated, two or more Lenders having in the aggregate more than fifty percent (50%) of the aggregate
Outstanding Principal Amount; provided that so long as any Lender is a Non-Funding Lender, the Revolving Commitments and Outstanding Principal Amount of such Non-Funding Lender will not be taken into account in determining the calculation of
which Lenders constitute Requisite Lenders pursuant to this clause (iii)(b); and 

(iv)       if there are four (4) or more Lenders, (a) two or more Lenders having
in the aggregate more than sixty-six and two thirds percent (66 2/3%) of the Maximum Revolving Commitment Amount, or (b) if the Revolving Commitments have been terminated, two or more Lenders having in the aggregate more than sixty-six and two
thirds percent (66 2/3%) of the aggregate Outstanding Principal Amount; provided that so long as any Lender is a Non-Funding Lender, the Revolving Commitments and Outstanding Principal Amount of such Non-Funding Lender will not be taken into
account in determining the calculation of which Lenders constitute Requisite Lenders pursuant to this clause (iv)(b). 

“Revolving Commitment” shall mean as to any Lender, the aggregate commitment of such Lender to make Revolving
Credit Advances (including pursuant to Section 2.19(c) and to refund and participate in Swing Line Advances in accordance with Section 2.1(e)) as set forth in Annex T to the Credit Agreement or in the most recent Assignment
Agreement executed by such Lender, as such amount may be adjusted, if at all, from time to time in accordance with the Credit Agreement. 

“Revolving Credit Advance” shall have the meaning assigned to it in Section 2.1 of the Credit
Agreement. 
 “Revolving Note” shall have the meaning assigned to it in Section 2.1(a) of the
Credit Agreement. 

 “S&P” means Standard & Poor’s Ratings
Services, a Standard & Poor’s Financial Services, LLC business, or any successor thereto. 
 “Sale
Agreement” shall mean that certain Sale Agreement, dated as of the Closing Date, among the Originator and the Sellers (as amended, restated, supplemented or otherwise modified from time to time). 

“Sales Agency Agreement” shall mean that certain Sales Agency Agreement, dated as of the Closing Date, among
the Originator and the Sellers (as amended, restated, supplemented or otherwise modified from time to time). 

“Sanctioned Country” means a country subject to a sanctions program identified on the list maintained by OFAC
and available at: http://www.treasury.gov/resource-center/sanctions/Programs/Pages/Programs.aspx, or as otherwise published from time to time. 

“Sanctioned Person” means (i) A person named on the list of “Specially Designated Nationals”
or “Blocked Persons” maintained by OFAC available at: http://www.treasury.gov/resource-center/sanctions/Pages/default.aspx, or as otherwise published from time to time or (ii) (A) an agency of the government of a
Sanctioned Country, (B) an organization controlled by a Sanctioned Country, or (C) a person resident in a Sanctioned Country, to the extent subject to a sanctions program administered by OFAC. 

“Scheduled Senior Credit Agreement Maturity Date” shall mean the earliest scheduled maturity date of any
obligations for Indebtedness arising (or which could arise as a result of any borrowing or similar event) under the Senior Credit Agreement or any Approved Senior Credit Agreement Amendment. On the Closing Date, the Scheduled Senior Credit
Agreement Maturity Date is June 30, 2016. 
 “SDN List” shall have the meaning assigned to it in
Section 4.1(z) of the Credit Agreement. 
 “Second Lien Indenture” shall mean that certain
Indenture between Alpha Natural Resources, Inc., Wilmington Trust, National Association, as trustee, and Wilmington Trust, National Association, as Collateral Agent, dated as of May 20, 2014. 

“Secured Parties” shall mean each of the Lenders, the Administrative Agent, each Indemnified Person, each LC
Lender and each other Affected Party. 
 “Securities Act” shall mean the provisions of the Securities Act
of 1933, 15 U.S.C. Sections 77a et seq., as amended, and any regulations promulgated thereunder. 
 “Securities
Exchange Act” shall mean the provisions of the Securities Exchange Act of 1934, 15 U.S.C. Sections 78a et seq., as amended, and any regulations promulgated thereunder. 

“Seller” means those certain entities that constitute “Sellers” under, and pursuant to the terms
of, the Sales Agency Agreement; provided that for the avoidance of doubt, any Inactive Seller or Terminating Seller removed in accordance with the Sales Agency Agreement shall not be deemed to be a “Seller” for any purpose under the
Credit Agreement or any other Transaction Documents from and after the effective date of such removal. 
 “Seller
Interest” shall have the meaning specified in the recitals in the Sale Agreement. 

 “Senior Credit Agreement” shall mean the Fourth Amended and
Restated Credit Agreement, dated as of May 22, 2013, by and among the Parent, as the borrower, Citicorp North America, Inc., as the administrative agent, PNC Capital Markets LLC, as the sole syndication agent, and certain other lenders, issuing
banks, co-documentation agents, joint lead arrangers and joint book managers, in each case parties thereto (as amended, restated, supplemented or otherwise modified and in effect from time to time); provided, however, for purposes of the
Credit Agreement and the other Transaction Documents (without limiting the provisions herein relating to Approved Senior Credit Agreement Amendments), terms and definitions used therein and defined in the Senior Credit Agreement shall refer to such
terms and definitions (including any terms and definitions used in such terms and definitions) in effect as of the date hereof, without giving effect to any amendments, restatements, supplements, refinancings, waivers or other modifications to the
Senior Credit Agreement unless the Administrative Agent has consented to such amendment, restatement, supplement, refinancing, waiver or other modification. 

“Servicer” shall mean Alpha Coal Sales Co., LLC and any successor “Servicer” under the
Servicing Agreement. 
 “Servicer Fee” shall mean, for any day within a Settlement Period, the amount equal
to (a) (i) the Servicer Fee Rate divided by (ii) 360, multiplied by (b) the Outstanding Balance of Receivables on such day. 

“Servicer Fee Rate” shall mean 1.00% or such other amount as the Administrative Agent and a successor
servicer shall agree to after an Event of Servicer Termination. 
 “Servicer Termination Notice” shall mean
any notice by the Administrative Agent to the Servicer that (a) an Event of Servicer Termination has occurred and (b) the Servicer’s appointment under the Servicing Agreement has been terminated. 

“Servicing Agreement” shall mean the Servicing Agreement, dated as of the Closing Date, by and between
Borrower and the Servicer, as initial Servicer. 
 “Servicing Reserve Rate” shall mean, as of any date of
determination, an amount equal to the product of (i) the Servicer Fee Rate and (ii) a fraction, the numerator of which is the higher of (a) 30 and (b) the Turnover Days as of the most recently concluded Settlement Period
(including any Settlement Period ending on such date) multiplied by 2, and the denominator of which is 360. 

“Settlement Date” shall mean (i) the first Business Day of each calendar month and (ii) from and
after the occurrence of a Termination Event or the Facility Termination Date, any other Business Day designated as such by the Administrative Agent in its sole discretion. 

“Settlement Period” shall mean: 

(a) solely for purposes of determining the Ratios, (i) with respect to all Settlement Periods other than the final
Settlement Period, each calendar month, whether occurring before or after the Closing Date, and (ii) with respect to the final Settlement Period, the period ending on the Termination Date and beginning with the first day of the calendar month
in which the Termination Date occurs, and 
 (b) for all other purposes, (i) with respect to the initial Settlement
Period, the period from and including the Closing Date through and including the last day of the Interest Period in which the Closing Date occurs, (ii) with respect to the final Settlement Period, the period ending on the Termination Date and
beginning with the first day of the calendar month in which the Termination Date occurs, and (iii) with respect to all other Settlement Periods, each calendar month. 

 “Significant Seller Group” shall mean any Seller or group of
Sellers that, taken individually or collectively, has a Significant Seller Group Ratio greater than 10%. For the avoidance of doubt, a single Seller may constitute a Significant Seller Group. 

“Significant Seller Group Ratio” shall mean, on any date of determination, a ratio (expressed as a
percentage) of (x) the sum of the aggregate revenue allocated to any Seller or Group of Sellers in respect of Receivables during the months for which the three (3) most recent Monthly Reports were prepared to (y) the aggregate revenue
allocated to all Sellers in respect of Receivables during the months for which the three (3) most recent Monthly Reports were prepared; provided that if fewer than three (3) Monthly Reports have been prepared as of such date of
determination, then the revenue used to calculate the Significant Seller Group Ratio shall be based on the revenue allocated to the Sellers since the Closing Date. 

“Solvent” shall mean, with respect to any Person on a particular date, that on such date (a) the fair
value of the assets of such Person at a fair valuation is greater than the total amount of debts and other liabilities, including direct, subordinate and contingent liabilities, of such Person; (b) such Person does not intend to, and does not
believe that it will, incur debts or liabilities beyond such Person’s ability to pay as such debts and liabilities become absolute and mature; and (c) such Person is not engaged in a business or transaction, and is not about to engage in a
business or transaction, for which such Person’s property would constitute an unreasonably small capital. The amount of contingent liabilities (such as litigation, guaranties and pension plan liabilities) at any time shall be computed as the
amount that, in light of all the facts and circumstances existing at the time, represents the amount that can reasonably be expected to become an actual or matured liability. 

“Special Obligor” shall mean an Obligor identified as a “Special Obligor” by the Administrative
Agent by notice to the Borrower. 
 “Special Obligor Receivable” shall mean any Receivable the Obligor of
which is a Special Obligor 
 “Specified Account” shall mean (i) the Collection Account or
(ii) if the Administrative Agent has terminated the Borrower’s and the Servicer’s rights to direct disposition of the funds in the Accounts after an Account Control Event, the Agent’s Account or another account specified by the
Administrative Agent. 
 “SPV” shall mean, with respect to any Lender, any special purpose funding vehicle
which is administered by, or affiliated with, such Lender. 
 “Stock” shall mean all shares, options,
warrants, member interests, general or limited partnership interests or other equivalents (regardless of how designated) of or in a corporation, limited liability company, partnership or equivalent entity whether voting or nonvoting, including
common stock, preferred stock or any other “equity security” (as such term is defined in Rule 3a11-1 of the General Rules and Regulations promulgated by the Securities and Exchange Commission under the Securities Exchange Act). 

“Stockholder” shall mean, with respect to any Person, each holder of Stock of such Person. 

“Sub-Servicer” shall mean (i) any Seller or (ii) any other Person with whom the Servicer enters
into a Sub-Servicing Agreement. 

 “Sub-Servicing Agreement” shall mean any written contract
entered into between the Servicer and any Sub-Servicer pursuant to and in accordance with the Servicing Agreement relating to the servicing, administration or collection of the Receivables. 

“Subsidiary” shall mean, with respect to any Person, any corporation or other entity (a) of which
securities or other ownership interests having ordinary voting power to elect a majority of the board of directors or other Persons performing similar functions are at the time directly or indirectly owned by such Person or (b) that is directly
or indirectly controlled by such Person within the meaning of control under Section 15 of the Securities Act. 

“Successor Senior Credit Agreement” shall mean any successor to, or replacement of, the Senior Credit
Agreement (x) which contains economic and other terms reasonably satisfactory to the Administrative Agent and (y) with respect to which, after conducting liquidity projections of the Parent and its Affiliates (assuming that such successor
or replacement is effected) for the twenty-four (24) months following such effectiveness, the Administrative Agent (in its sole discretion) has consented to such successor or replacement constituting a “Successor Senior Credit
Agreement”; provided that any amendment to the Senior Credit Agreement shall not be deemed a “Successor Senior Credit Agreement” for purposes hereof. 

“Support Agreement” means that certain Support Agreement, dated as of the Closing Date, made by the Parent in
favor of the Administrative Agent and other beneficiaries thereunder. 
 “Swing Line Advance” shall have
the meaning assigned to it in Section 2.1(e) of the Credit Agreement. 
 “Swing Line
Availability” shall mean, as of any date of determination, an amount equal to the lesser of (i) Funding Availability as of such date and (ii) the difference between (A) the Swing Line Commitment as of such date and
(B) the principal balance of the Swing Line Advance as of such date. 
 “Swing Line Commitment” shall
mean an amount equal to $25,000,000, as may be reduced in accordance with the terms of the Credit Agreement. 

“Swing Line Lender” shall have the meaning set forth in the Preamble of the Credit Agreement. 

“Swing Line Note” shall have the meaning assigned to it in Section 2.1(e) of the Credit
Agreement. 
 “Swing Line Participation” shall have the meaning assigned to it in
Section 2.1(e) of the Credit Agreement. 
 “Taxes” shall mean any and all present or future
taxes, levies, imposts, assessments, duties (including stamp duties), deductions, charges (including ad valorem charges) or withholdings imposed by any Governmental Authority and any and all interest, additions to tax and penalties
related thereto. 
 “Terminating Seller” shall have the meaning assigned to it in the Sales Agency
Agreement. 
 “Termination Date” shall mean the date on which (a) the Outstanding Principal Amount has
been permanently reduced to zero, (b) all other Borrower Obligations under the Credit Agreement and the other Transaction Documents have been indefeasibly repaid in full and completely discharged, (c) the Maximum Revolving Commitment
Amount has been irrevocably reduced to zero or terminated and (d) the LC Participation Amount has been permanently reduced to zero. 

 “Termination Event” shall have the meaning assigned to it in
Section 8.1 of the Credit Agreement. 
 “Transaction Documents” shall mean each Collection
Account Agreement, the Support Agreement, the Sales Agency Agreement, the Sale Agreement, the Lockbox Agreements, the Borrower Account Agreement, the Fee Letter, the Receivables Sale Agreement, the Credit Agreement, the Letters of Credit, the Notes
and Receivable assignments executed pursuant to the Receivables Sale Agreement, the Servicing Agreement, each power of attorney delivered to the Administrative Agent and including all other pledges, powers of attorney, instruments, documents,
consents, assignments, contracts, notices, and all other agreements, instruments, documents, certificates and written matter whether heretofore, now or hereafter executed by or on behalf of any Person, or any employee of any Person, in connection
with or delivered in connection with the Receivables Sale Agreement, the Credit Agreement or the transactions contemplated thereby. Any reference in the Receivables Sale Agreement, the Credit Agreement or any other Transaction Document to a
Transaction Document shall include all Appendices thereto, and all amendments, restatements, supplements or other modifications thereto, and shall refer to such Transaction Document as the same may be in effect at any and all times such reference
becomes operative. 
 “Transfer Date” shall have the meaning set forth in the Receivables Sale Agreement.

 “Transferred Property” shall have the meaning set forth in the Receivables Sale Agreement. 

“Turnover Days” shall mean, as of any date of determination, the amount (expressed in days) equal to: 

(a)        a fraction, (i) the numerator of which is equal to sum of the
aggregate Outstanding Balances of Receivables on the first day of each of the three (3) most recently ended Settlement Periods (including any Settlement Period ending on such date) and (ii) the denominator of which is equal to aggregate
Collections received during such three (3) most recently ended Settlement Periods with respect to all Receivables, 

multiplied by 

(b)        the average number of days per Settlement Period contained in such three
(3) most recently ended Settlement Periods. 
 “UCC” shall mean, with respect to any jurisdiction, the
Uniform Commercial Code as the same may, from time to time, be enacted and in effect in such jurisdiction. 

“Unapproved Receivable” shall mean any receivable (a) with respect to which the applicable Seller’s
or Originator’s customer relationship with the Obligor thereof arises as a result of the acquisition after the Closing Date by such Originator or Seller of another Person (other than an Affiliate) or (b) that was originated in accordance
with standards established by another Person acquired by the Originator or the Seller after the Closing Date, in each case, solely with respect to any such acquisitions that have not been approved in writing by the Administrative Agent and then only
for the period prior to any such approval. 
 “Unbilled Receivable” shall mean a Receivable in respect of
which (a) the goods that are the subject thereof have been delivered at the place where title and risk of loss passes (as determined pursuant to the related Contract) to the Obligor and (b) no invoice has been issued to such Obligor. 

 “Unbilled Receivables Cap” shall mean, as of any date of
determination, the lesser of (i) $45,000,000 and (ii) the product of 0.225 and the Maximum Revolving Commitment Amount as of such date of determination. 

“Unrelated Amounts” shall have the meaning assigned to it in Section 7.3 of the Receivables Sale
Agreement. 
 “Unused Fee” shall mean, with respect to any Settlement Period, a fee equal to the result of
(A) the sum of the Unused Daily Fee for each day in such Settlement Period divided by (B) 360. 
 “Unused
Daily Fee” shall mean, for any day in any Settlement Period, 
 (i) the amount by which the Maximum
Revolving Commitment Amount as of such day exceeds the Outstanding Principal Amount as of such day 
 multiplied by

 (ii) (1) in the event that the Funding Availability as of such day exceeds 25% of the Maximum
Revolving Commitment Amount as of such day, 0.50% and (2) otherwise, 0.375%. 
 “U.S. Lender” shall
mean any Lender or LC Lender that is a United States person within the meaning of section 7701(a)(30) of the IRC. 

“U.S. Person” shall mean any United States citizen or national; permanent resident alien; entity organized
under the laws of the United States or any jurisdiction within the United States (including foreign branches); or any person in the United States. 

“Weekly Report” shall mean a report in substantially the form set forth as Exhibit 5.2(a) to the Credit
Agreement. 
 “Weekly Reporting Period” shall mean a period commencing on a Saturday and ending on (and
including) the following Friday. 

 SECTION 2.  Other Terms and Rules of Construction. 

(a) Accounting Terms.  Unless otherwise specifically provided therein, any accounting term used in any
Transaction Document shall have the meaning customarily given such term in accordance with GAAP, and all financial computations thereunder shall be computed in accordance with GAAP consistently applied. That certain items or computations are
explicitly modified by the phrase “in accordance with GAAP” shall in no way be construed to limit the foregoing. 

(b) Other Terms.    All other undefined terms contained in any of the Transaction Documents shall,
unless the context indicates otherwise, have the meanings provided for by the UCC as in effect in the State of New York to the extent the same are used or defined therein. 

(c) Rules of Construction.  Unless otherwise specified, references in any Transaction Document or any of the
Appendices thereto to a Section, subsection or clause refer to such Section, subsection or clause as contained in such Transaction Document. The words “herein,” “hereof” and “hereunder” and other
words of similar import used in any Transaction Document refer to such Transaction Document as a whole, including all annexes, exhibits and schedules, as the same may from time to time be amended, restated, modified or supplemented, and not to any
particular section, subsection or clause contained in such Transaction Document or any such annex, exhibit or schedule. Any reference to any amount on any date of determination means such amount as of the close of business on such date of
determination. Any reference to or definition of any document, instrument or agreement shall, unless expressly noted otherwise, include the same as amended, restated, supplemented or otherwise modified from time to time. Wherever from the context it
appears appropriate, each term stated in either the singular or plural shall include the singular and the plural, and pronouns stated in the masculine, feminine or neuter gender shall include the masculine, feminine and neuter genders. The words
“including,” “includes” and “include” shall be deemed to be followed by the words “without limitation”; the word “or” is not exclusive; references to Persons include their respective
successors and assigns (to the extent and only to the extent permitted by the Transaction Documents) or, in the case of Governmental Authorities, Persons succeeding to the relevant functions of such Persons; and all references to statutes and
related regulations shall include any amendments of the same and any successor statutes and regulations. 
 (d) Rules of
Construction for Determination of Ratios.    For purposes of calculating the Ratios, (i) averages shall be computed by rounding to the second decimal place and (ii) the Settlement Period in which the date of
determination thereof occurs shall not be included in the computation thereof and the first Settlement Period immediately preceding such date of determination shall be deemed to be the Settlement Period immediately preceding the Settlement Period in
which such date of determination occurs.EX-10.2

 Exhibit 10.2 

Execution Version 

AMENDMENT AGREEMENT 
 THIS
AMENDMENT AGREEMENT, dated as of September 24, 2014 (this “Amendment”), is entered into among ALPHA NATURAL RESOURCES, INC., a Delaware corporation (the “Borrower”), CITICORP NORTH AMERICA, INC., in its
capacity as administrative agent for the Lenders and as collateral agent for the Secured Parties (the “Administrative Agent”), and the lenders party hereto and under the Fourth Amended and Restated Credit Agreement dated as of
May 22, 2013, as amended by Amendment No. 1 dated as of October 2, 2013, and Amendment No. 2 dated as of May 7, 2014 (as further amended, the “Original Credit Agreement”) entered into among the Borrower, the
Administrative Agent, each lender from time to time party thereto (collectively, the “Lenders”) and the other parties thereto. 

PRELIMINARY STATEMENTS 

A.          The parties hereto wish to amend and restate the Original Credit Agreement in
its entirety on the terms set forth in the Fifth Amended and Restated Credit Agreement (as defined below) to provide for, among other things, (a) the extension of the maturity of a portion of the Existing Revolving Facility Commitments,
(b) permit future refinancings of the Term Loans and Revolving Facility Loans and (c) permit future extensions of the Term Loans and Revolving Facility Commitments. 

B.          Each Existing Revolving Facility Lender who executes and delivers this
Amendment as an “Extended Maturity Revolving Facility Lender” has agreed that the maturity of all or a portion of such Existing Revolving Facility Lender’s Existing Revolving Facility Commitments will be extended in accordance with
the terms and subject to the conditions set forth herein. 
 C.          Each Existing
Revolving Facility Lender who executes and delivers this Amendment as an “Extended Maturity Revolving Facility Lender” and has designated on its signature page (by marking the appropriate box on its signature page hereto) to irrevocably
reduce by 25% its Extended Maturity Revolving Facility Commitment (as defined below) pursuant to Section 2.08(b)(iii) of the Fifth Amended and Restated Credit Agreement shall receive such commitment reduction on the Fifth Amendment Effective
Date (as defined below). 
 D.          Each Lender who executes and delivers this
Amendment has agreed to amend the Original Credit Agreement to be in the form of Exhibit A hereto. 

E.          The parties hereto intend that (i) all Loans, Letters of Credit (each as
defined in the Original Credit Agreement) or other credit extensions outstanding under the Original Credit Agreement immediately prior to the Fifth Amendment Effective Date shall continue as Loans, Letters of Credit or other credit extensions, as
applicable, under the Fifth Amended and Restated Credit Agreement, (ii) all amounts owing by the Borrower under the Original Credit Agreement to any Person in respect of accrued and unpaid interest and fees on the Loans, Commitments and Letters
of Credit (each as defined in the Original Credit Agreement) immediately prior to the Fifth Amendment Effective Date shall continue to be due and owing on such Loans, Commitments and Letters of Credit under the Fifth Amended and Restated Credit
Agreement and (iii) any Person entitled to the benefits of Sections 2.15, 2.16, 2.17, 2.19, 2.21 and 9.05 of the Original Credit Agreement immediately prior to the Fifth Amendment Effective Date
shall continue to be entitled to the benefits of the corresponding provisions of the Fifth Amended and Restated Credit Agreement. Upon the effectiveness of this Amendment and the Fifth Amended and Restated Credit Agreement, each Loan Document other
than the Original Credit Agreement that was in effect immediately prior to the Fifth Amendment Effective Date (as defined below) shall continue to be effective. 

 NOW, THEREFORE, in consideration of the premises and for other good and valuable consideration,
the sufficiency and receipt of all of which is hereby acknowledged, the parties hereto hereby agree as follows: 
 SECTION
1.        Definitions.  Capitalized terms not otherwise defined in this Amendment have the same meanings as specified in the Fifth Amended and Restated Credit Agreement or, if not defined
therein, in the Original Credit Agreement. 
 SECTION 2.        Amendment and
Restatement.  Effective as of the Fifth Amendment Effective Date, and subject to the terms and conditions set forth herein, (i) the Original Credit Agreement is hereby amended and restated in the form of Exhibit A hereto
(the Original Credit Agreement, as so amended and restated, being referred to as the “Fifth Amended and Restated Credit Agreement”) and (ii) Schedule 1.01(b) attached hereto is hereby incorporated as Schedule
1.01(b) to the Fifth Amended and Restated Credit Agreement. The rights and obligations of the parties to the Original Credit Agreement with respect to the period prior to the Fifth Amendment Effective Date shall not be affected by such amendment
and restatement. 
 SECTION 3.        Extension of Certain of the Revolving Facility
Commitments; Rejection of Commitment Reduction. 
 (a)        Each Lender that is a Revolving
Facility Lender on the date hereof (an “Existing Revolving Facility Lender”) may elect (an “Electing Revolving Facility Lender”) to become an Extended Maturity Revolving Facility Lender and holder of an Extended
Maturity Revolving Facility Commitment subject to all of the rights, obligations and conditions thereto under the Fifth Amended and Restated Credit Agreement by executing the appropriate signature page in accordance with Section 3(b) hereof and
delivering to the Administrative Agent such signature page (the “Extended Maturity Revolving Facility Extension Election”) stating that such Lender is electing to extend on the Fifth Amendment Effective Date and reclassify its
Revolving Facility Commitments outstanding immediately prior to the effectiveness of the Fifth Amended and Restated Credit Agreement (“Existing Revolving Facility Commitments”) as Extended Maturity Revolving Facility Commitments
(the “Extended Maturity Revolving Facility Commitment Amount”). 
 (b)        On
the Fifth Amendment Effective Date, each Existing Revolving Facility Lender that has executed and delivered a counterpart to this Amendment as an “Electing Revolving Facility Lender” (each, an “Extended Maturity Revolving Facility
Lender”) shall have 100% of its Existing Revolving Facility Commitment automatically reclassified as an “Extended Maturity Revolving Facility Commitment” (an “Extended Maturity Revolving Facility Commitment”) and
100% of its Existing Revolving Facility Loans automatically reclassified as Extended Maturity Revolving Facility Loans, respectively, for the purpose of the Fifth Amended and Restated Credit Agreement, and such Extended Maturity Revolving Facility
Commitments and Extended Maturity Revolving Facility Loans shall be outstanding under the Fifth Amended and Restated Credit Agreement on the terms and conditions set forth therein. 

(c)        On the Fifth Amendment Effective Date, the Revolving Facility Commitments of any Revolving
Facility Lender that are not Extended Maturity Revolving Facility Commitments shall be reclassified as and constitute “Original Maturity Revolving Facility Commitments,” and the Revolving Facility Loans of any Revolving Facility Lender
that are not Extended Maturity Revolving Facility Loans shall be reclassified and constitute “Original Maturity Revolving Facility Loans,” under the Fifth Amended and Restated Credit Agreement and shall continue to be in effect and
outstanding under the Fifth Amended and Restated Credit Agreement on the terms and conditions set forth therein. 

  
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 (d)        Each Electing Revolving Facility Lender will
be permitted, at its discretion, to irrevocably reduce by 25% its Extended Maturity Revolving Facility Commitment on the Fifth Amendment Effective Date pursuant to Section 2.08(b)(iii) of the Fifth Amended and Restated Credit Agreement by
marking the appropriate box on its signature page hereto. 
 SECTION 4.        Conditions of
Effectiveness.  This Amendment and the amendment and restatement of the Original Credit Agreement as set forth in Section 2 hereof shall become effective as of the first date (such date being referred to as the “Fifth
Amendment Effective Date”) when each of the following conditions shall have been satisfied; provided that the amendments to the second sentence of Section 2.20(a)(i) of the Fifth Amended and Restated Credit Agreement shall
become effective when the condition specified in Section 4(a) of this Agreement has been satisfied: 

(a)         Execution of Documents.  The Administrative Agent
shall have received (i) this Amendment, duly executed and delivered by (A) the Borrower, (B) each Electing Revolving Facility Lender, (C) the Required Lenders and (D) the Majority Lenders under the Revolving Facility (as
defined in the Fourth Amended and Restated Credit Agreement) and (ii) a Reaffirmation Agreement, in the form attached hereto as Exhibit B, duly executed and delivered by each Subsidiary Guarantor. 

(b)         Consent to Extension.  Existing Revolving Facility
Lenders shall have consented to reclassify an amount of Existing Revolving Facility Commitments so that $450,000,000 aggregate principal amount of Extended Maturity Revolving Facility Commitments (after giving effect to any reduction effective on
the Fifth Amendment Effective Date) shall exist on the Fifth Amendment Effective Date. 

(c)         Consent Payment.  The Administrative Agent shall
have received from the Borrower a consent payment payable in Dollars for the account of each Lender that has returned an executed signature page to this Amendment to the Administrative Agent at or prior to 12:00 p.m., New York City time on
September 19, 2014 (the “Consent Deadline” and each such Lender, a “Consenting Lender”) equal to (i) 0.05% of the aggregate principal amount of the Term B Loans and (ii) 0.125% of the aggregate
principal amount of the Existing Revolving Facility Commitments held by such Consenting Lender as of the Consent Deadline with respect to which a consent was delivered. 

(d)         Extension Payment.  The Administrative Agent shall
have received from the Borrower an extension payment in Dollars for the account of each Electing Revolving Facility Lender (other than a Defaulting Lender) that has returned an executed signature page to this Amendment to the Administrative Agent at
or prior to the Consent Deadline equal to 0.625% of the aggregate principal amount of the Extended Revolving Facility Commitments (after giving effect to any reduction on the Fifth Amendment Effective Date) held by such Electing Revolving Facility
Lender. 
 (e)         Certificate of Responsible
Officer.  The Administrative Agent shall have received a certificate of a Responsible Officer of the Borrower, certifying the conditions precedent set forth in this Section 4 shall have been satisfied on and as of the Fifth
Amendment Effective Date. 
 (f)         Fees.  Citigroup
Global Markets Inc. shall have received on the Fifth Amendment Effective Date (i) all fees separately agreed to by the Borrower and Citigroup Global Markets Inc. and (ii) reimbursement or payment of all reasonable out-of-pocket expenses
(including the reasonable fees and expenses of Cahill Gordon & Reindel LLP, special counsel to the Administrative 

  
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Agent), and the reasonable fees and expenses of any local counsel required to be reimbursed or paid by the Borrower hereunder or under the Fifth Amended and Restated Credit Agreement or any other
Loan Document, in each case as required by Section 8 of this Amendment and to the extent invoiced at least two (2) Business Day prior to the Fifth Amendment Effective Date. 

(g)        Notes.  Each Lender that requests a note pursuant to
Section 9 hereof at least three (3) Business Days prior to the Fifth Amendment Effective Date shall have received an executed Note as provided for therein. 

(h)        Representations.  The representations and warranties set
forth in Section 5 hereof are true and correct on and as of the Fifth Amendment Effective Date. 

(i)         Good Standings.  The Administrative Agent shall have
received for each Loan Party a “short-form” good standing certificate, a certificate of existence or equivalent document, as applicable, certified by the proper governmental authorities of the jurisdiction of such Loan Party’s
incorporation and dated on or around the Fifth Amendment Effective Date. 

(j)         Corporate and Other Proceedings.  The Administrative
Agent shall have received a certificate of a Responsible Officer of each Loan Party dated the Fifth Amendment Effective Date and certifying (I) to the effect that (w) attached thereto is a true and complete copy of the certificate or
articles of incorporation or organization of such Loan Party certified as of a recent date by the Secretary of State of the state of its organization, or in the alternative, certifying that such certificate or articles of incorporation or
organization have not been amended since the Fourth Amendment Effective Date, and that such certificate or articles are in full force and effect, (x) attached thereto is a true and complete copy of the by-laws or operating agreements of each
Loan Party as in effect on the Fifth Amendment Effective Date, or in the alternative, certifying that such by-laws or operating agreements have not been amended since the Fourth Amendment Effective Date and (y) attached thereto is a true and
complete copy of resolutions duly adopted by the board of directors, board of managers or member, as the case may be, of each Loan Party authorizing the execution, delivery and performance of the Loan Documents to which such Loan Party is a party,
and that such resolutions have not been modified, rescinded or amended and are in full force and effect, and (II) as to the incumbency and specimen signature of each officer executing the Amendment or any other Loan Document in connection therewith
on behalf of any Loan Party and signed by another officer as to the incumbency and specimen signature of the Responsible Officer executing the certificate pursuant to this clause (j). 

(k)        Legal Opinion.  The Administrative Agent shall have
received an opinion from Cleary Gottlieb Steen & Hamilton LLP, New York counsel to the Loan Parties and (ii) an opinion of local counsel or counsel in the Borrower’s legal department, each in form and substance reasonably
satisfactory to the Administrative Agent. 
 (l)         Flood
Determinations.  The Collateral Agent shall have received a completed “Life-of-Loan” Federal Emergency Management Agency Standard Flood Hazard Determination with respect to each Existing Mortgage on which a
“Building” (as defined in 12 CFR Chapter III, Section 339.2) is located (together with a notice about special flood hazard area status and flood disaster assistance duly executed by the Borrower). 

(m)       Insurance.  The Collateral Agent shall have received a copy of,
or a certificate as to coverage under, and a declaration page relating to, the insurance policies required by Section 

  
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5.02 of the Fifth Amended and Restated Credit Agreement (except that, with respect to flood insurance, the Collateral Agent must have received a copy of the insurance policies) and the applicable
provisions of the Security Documents, each of which shall (A) be endorsed or otherwise amended to include a “standard” or “New York” lender’s loss payable or mortgagee endorsement (as applicable); (B) name the
Collateral Agent, on behalf of the Secured Parties, as additional insured; (C) in the case of flood insurance, (1) identify the addresses of each property located in a special flood hazard area, (2) indicate the applicable flood zone
designation, the flood insurance coverage and the deductible relating thereto and (3) provide that the insurer will give the Collateral Agent forty-five (45) days’ written notice of cancellation or non-renewal and (4) otherwise
be in form and substance satisfactory to the Collateral Agent. 

 (n)       Perfection Certificate Supplement.  The Collateral Agent
shall have received a supplement to the Perfection Certificate dated as of the Fifth Amendment Effective Date updating schedules 8(a), 8(b), 8(c)(1) and 8(c)(2) thereto, in form and substance reasonably acceptable to the Collateral Agent. 

(o)        Additional Liquidity.  The Borrower shall have received at
least $200,000,000 of Liquidity. “Liquidity” means the sum of (x) proceeds from the incurrence of Permitted Junior Notes, (y) Equity Issuance Proceeds and (z) the availability under any Permitted Receivables Financing. 

SECTION 5.        Representations and Warranties.  The Borrower represents and
warrants as follows as of the date hereof: 
 (a)        The execution, delivery and
performance by the Borrower of this Amendment have been duly authorized by all necessary corporate or other organizational action required to be obtained by the Borrower. The execution, delivery and performance by the Borrower of this Amendment will
not (i) violate (A) any provision of law, statute, rule or regulation (including, without limitation, any Mining Law), or of the certificate of incorporation or by-laws of the Borrower, (B) any applicable order of any court or any
rule, regulation or order of any Governmental Authority (including, without limitation, any Mining Permit) or (C) any indenture, lease (including, without limitation, any Mining Lease), agreement or other instrument to which the Borrower is a
party or by which it or any of its assets are or may be bound, (ii) be in conflict with, result in a breach of or constitute (alone or with notice or lapse of time or both) a default under, give rise to a right of or result in any cancellation
or acceleration of any right or obligation (including any payment) or to a loss of a material benefit under, any such indenture, lease (including, without limitation, any Mining Lease), agreement or other instrument, where any such violation,
conflict, breach, default, cancellation, acceleration or loss referred to in clause (i) or (ii) of this Section 5, would reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect, or (iii) result
in the creation or imposition of any Lien upon or with respect to any assets now owned or hereafter acquired by the Borrower, other than the Liens created by the Loan Documents, the Second Lien Note Indenture, or pursuant to the Massey Convertible
Notes Indenture, that would reasonably be expected to have a Material Adverse Effect. 

(b)        This Amendment has been duly executed and delivered by the Borrower. Each
of this Amendment, the Fifth Amended and Restated Credit Agreement and each other Loan Document to which the Borrower is a party, after giving effect to the amendments pursuant to this Amendment, constitutes a legal, valid and binding obligation of
the Borrower enforceable against it in accordance with its terms, subject to (i) the effects of bankruptcy, insolvency, moratorium, reorganization, fraudulent conveyance or other similar laws affecting creditors’ rights generally,

  
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(ii) general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law) and (iii) implied covenants of good faith and fair dealing.

 (c)         Upon the effectiveness of this Amendment, no Event of Default
shall exist. 
 (d)         After giving effect to this Amendment, neither the
modification of the Original Credit Agreement effected pursuant to this Amendment and the Fifth Amended and Restated Credit Agreement nor the execution, delivery, performance or effectiveness of this Amendment and the Fifth Amended and Restated
Credit Agreement: 
 (i)    impairs the validity, effectiveness or priority of the Liens granted
pursuant to any Loan Document (which Liens continue unimpaired with the same priority to secure repayment of all Obligations (as defined in the Guarantee and Collateral Agreement), whether heretofore or hereafter incurred); or 

(ii)   requires that any new filings be made or other action taken to perfect or to maintain the perfection
of such Liens, other than the Mortgage Amendments. 
 (e)         Each of the
representations and warranties of the Borrower and each other Loan Party contained in Article III of the Fifth Amended and Restated Credit Agreement or any other Loan Document, is true and correct in all material respects on and as of the
date hereof; provided that, to the extent that such representations and warranties specifically refer to an earlier date, they are true and correct in all material respects as of such earlier date; provided, further, that any
representation and warranty that is qualified as to “materiality,” “Material Adverse Effect” or similar language is true and correct (after giving effect to any qualification therein) in all respects on such respective dates.

 SECTION 6.        Post-Effectiveness Obligations.  Within ninety (90) days
after the Fifth Amendment Effective Date, unless waived or extended by the Administrative Agent in its sole discretion, the applicable Loan Parties shall deliver to the Administrative Agent the following: 

(a)         with respect to each Existing Mortgage, a Mortgage Amendment to the
applicable Existing Mortgage duly executed and acknowledged by the applicable Loan Party, together with such certificates, affidavits, questionnaires or returns as shall be required in connection with the recording or filing thereof under applicable
law, in each case in form and substance reasonably satisfactory to the Administrative Agent; 

(b)         evidence reasonably acceptable to the Administrative Agent of payment
by the Borrower of all mortgage recording taxes and related charges required for the recording of such Mortgage Amendments required to be delivered to the Administrative Agent in connection with Section 6(a); and 

(c)         for such Mortgage Amendments that are required to be delivered to the
Administrative Agent in connection with Section 6(a), an opinion of local counsel in form and substance reasonably satisfactory to the Collateral Agent. 

  
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 SECTION 7.        Reference to and Effect on the
Original Credit Agreement and the Loan Documents. 
 (a)         Except as expressly set
forth herein, this Amendment shall not by implication or otherwise limit, impair, constitute a waiver of, or otherwise affect the rights and remedies of the Lenders, the Administrative Agent or the Borrower under the Original Credit Agreement or any
other Loan Document, and shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Original Credit Agreement or any other Loan Document, all of which are ratified and
affirmed in all respects and shall continue in full force and effect. Without limiting the generality of the foregoing, the Collateral Documents and all of the Collateral described therein do and shall continue to secure the payment of all
Obligations of the Loan Parties under the Loan Documents, in each case, as amended by this Amendment. 

(b)         On and after the effectiveness of this Amendment, this Amendment shall for all
purposes constitute a Loan Document. 
 SECTION 8.        Costs and Expenses.  The
Borrower agrees to pay or reimburse the Administrative Agent all reasonable out-of-pocket expenses pursuant to Section 9.05 of the Fifth Amended and Restated Credit Agreement. 

SECTION 9.        Replacement Notes. 

(a)         The Borrower agrees that each Existing Revolving Facility Lender executing this
Amendment as an “Electing Revolving Facility Lender” may request through the Administrative Agent and shall receive one or more replacement notes payable to the order of such Extended Maturity Revolving Facility Lender duly executed by the
Borrower, evidencing such Revolving Facility Lender’s Extended Maturity Revolving Facility Commitments, as extended, and such Revolving Facility Lender’s remaining Original Maturity Revolving Facility Commitments, if any; provided
that such Extended Maturity Revolving Facility Lender shall have returned to the Borrower any note held by it for cancellation. Each Existing Revolving Facility Commitment Lender which executes this Amendment as an “Original Maturity Revolving
Facility Lender” may request through the Administrative Agent and shall receive one or more replacement notes payable to the order of such Existing Revolving Facility Lender duly executed by the Borrower, as the case may be, evidencing such
Revolving Facility Lender’s remaining Original Maturity Revolving Facility Commitments, provided that such Existing Revolving Facility Lender shall have returned to the Borrower any Revolving Facility Note held by it for cancellation.

 SECTION 10.      Execution in Counterparts.  This Amendment may be executed in one or
more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Delivery by facsimile or electronic transmission of an executed counterpart of a signature page to this Amendment
shall be effective as delivery of an original executed counterpart of this Amendment. 
 SECTION
11.      Notices.  All communications and notices hereunder shall be given as provided in the Fifth Amended and Restated Credit Agreement. 

SECTION 12.      Severability. If any provision of this Amendment is held to be illegal, invalid or
unenforceable, the legality, validity and enforceability of the remaining provisions of this Agreement and the other Loan Documents shall not be affected or impaired thereby. The invalidity of a provision in a particular jurisdiction shall not
invalidate or render unenforceable such provision in any other jurisdiction. 

  
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 SECTION 13.      Successors.  The terms of this
Amendment shall be binding upon, and shall inure for the benefit of, the parties hereto and their respective successors and assigns. 

SECTION 14.      Governing Law.  This Amendment shall be governed by, and construed in
accordance with, the law of the State of New York. 
 [The remainder of this page is intentionally left blank] 

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

			
	ALPHA NATURAL RESOURCES, INC.,
	     as the Borrower
		
	By:   	 	 /s/ Kevin S. Crutchfield

		 	 Name: Kevin S. Crutchfield

		 	Title: Chief Executive Officer

 
			
	 CITICORP NORTH AMERICA, INC.,

     as Administrative Agent and Lender

		
	By:   	 	 /s/ Justin Tichauer

		 	Name: Justin Tichauer
		 	Title:   Vice President

 By executing this signature page: 

(i)         as an Electing Revolving Facility Lender, the undersigned institution agrees (A) to the terms of
the Amendment and the Fifth Amended and Restated Credit Agreement and (B) on the terms and subject to the conditions set forth in the Amendment and the Fifth Amended and Restated Credit Agreement to extend and reclassify its entire Existing
Revolving Facility Commitments into Extended Maturity Revolving Facility Commitments; and 
 (ii)        as an
Original Maturity Revolving Facility Lender, the undersigned institution agrees to the terms of the Amendment and the Fifth Amended and Restated Credit Agreement, but not to extend and reclassify its Revolving Facility Commitments into
Extended Maturity Revolving Facility Commitments. 
 (ii)        as Term B Lender, the undersigned institution
agrees to the terms of the Amendment and the Fifth Amended and Restated Credit Agreement. 

 EXHIBIT A 

FIFTH AMENDED AND RESTATED CREDIT AGREEMENT 

 Exhibit A 
  

 
  

$1,518,950,892.85 
 FIFTH AMENDED
AND RESTATED CREDIT AGREEMENT 
 as Amended and Restated as of September 24, 2014 

Among 
 ALPHA NATURAL RESOURCES,
INC., 
 as Borrower, 
 THE
LENDERS PARTY HERETO, 
 THE ISSUING BANKS PARTY HERETO, 

CITICORP NORTH AMERICA, INC., 
 as
Administrative Agent and as Collateral Agent, 
 CITIGROUP GLOBAL MARKETS INC., 

as Sole Lead Arranger and Sole Book Manager 
  

 
  

 

 TABLE OF CONTENTS 

 

							
	 	    	 	  	Page	 
	
	 ARTICLE I
  

DEFINITIONS
	   
 

  

	SECTION 1.01	    	 Defined Terms
	  	 	2	  
	SECTION 1.02	    	 Terms Generally
	  	 	54	  
	SECTION 1.03	    	 Effectuation of Transfers
	  	 	54	  
	SECTION 1.04	    	 Effect of this Agreement on the Fourth Amended and Restated Credit Agreement and the Other Existing Loan Documents
	  	 	54	  
	
	ARTICLE II	  
	
	THE CREDITS	  
			
	SECTION 2.01	    	 Commitments
	  	 	55	  
	SECTION 2.02	    	 Loans and Borrowings
	  	 	56	  
	SECTION 2.03	    	 Requests for Borrowings
	  	 	58	  
	SECTION 2.04	    	 Swingline Loans
	  	 	58	  
	SECTION 2.05	    	 Letters of Credit
	  	 	60	  
	SECTION 2.06	    	 Funding of Borrowings
	  	 	66	  
	SECTION 2.07	    	 Interest Elections
	  	 	67	  
	SECTION 2.08	    	 Termination and Reduction of Commitments
	  	 	68	  
	SECTION 2.09	    	 Repayment of Loans; Evidence of Debt
	  	 	69	  
	SECTION 2.10	    	 Repayment of Term B Loans and Revolving Facility Loans
	  	 	70	  
	SECTION 2.11	    	 Prepayment of Loans
	  	 	71	  
	SECTION 2.12	    	 Fees
	  	 	72	  
	SECTION 2.13	    	 Interest
	  	 	73	  
	SECTION 2.14	    	 Alternate Rate of Interest
	  	 	74	  
	SECTION 2.15	    	 Increased Costs
	  	 	75	  
	SECTION 2.16	    	 Break Funding Payments
	  	 	76	  
	SECTION 2.17	    	 Taxes
	  	 	77	  
	SECTION 2.18	    	 Payments Generally; Pro Rata Treatment; Sharing of Set-offs
	  	 	80	  
	SECTION 2.19	    	 Mitigation Obligations; Replacement of Lenders
	  	 	82	  
	SECTION 2.20	    	 Increase in Revolving Facility Commitments and/or Term B Loan Commitments
	  	 	83	  
	SECTION 2.21	    	 Illegality
	  	 	85	  
	SECTION 2.22	    	 Defaulting Lender
	  	 	86	  
	SECTION 2.23	    	 Reverse Dutch Auction Repurchases
	  	 	86	  
	SECTION 2.24	    	 Open Market Purchases
	  	 	88	  
	SECTION 2.25	    	 Extension of Term B Loans; Extension of Revolving Facility Loans
	  	 	89	  

  
 -ii- 

							
	 	    	 	  	Page  	 
			
	SECTION 2.26	    	 Refinancing Amendments
	  	 	93	  
	
	ARTICLE III	  
	
	REPRESENTATIONS AND WARRANTIES	  
			
	SECTION 3.01	    	 Organization; Powers
	  	 	94	  
	SECTION 3.02	    	 Authorization
	  	 	95	  
	SECTION 3.03	    	 Enforceability
	  	 	95	  
	SECTION 3.04	    	 Governmental Approvals
	  	 	95	  
	SECTION 3.05	    	 Financial Statements
	  	 	96	  
	SECTION 3.06	    	 No Material Adverse Effect
	  	 	96	  
	SECTION 3.07	    	 Title to Properties; Possession Under Leases
	  	 	96	  
	SECTION 3.08	    	 Litigation; Compliance with Laws
	  	 	98	  
	SECTION 3.09	    	 Federal Reserve Regulations
	  	 	99	  
	SECTION 3.10	    	 Investment Company Act
	  	 	99	  
	SECTION 3.11	    	 Use of Proceeds
	  	 	99	  
	SECTION 3.12	    	 Tax Returns
	  	 	99	  
	SECTION 3.13	    	 No Material Misstatements
	  	 	100	  
	SECTION 3.14	    	 Employee Benefit Plans
	  	 	100	  
	SECTION 3.15	    	 Environmental Matters
	  	 	101	  
	SECTION 3.16	    	 Security Documents
	  	 	102	  
	SECTION 3.17	    	 Location of Real Property and Premises
	  	 	103	  
	SECTION 3.18	    	 Solvency
	  	 	103	  
	SECTION 3.19	    	 Labor Matters
	  	 	103	  
	SECTION 3.20	    	 Insurance
	  	 	104	  
	SECTION 3.21	    	 Anti-Terrorism Law
	  	 	104	  
	
	ARTICLE IV	  
	
	CONDITIONS OF LENDING	  
			
	SECTION 4.01	    	 [Reserved]
	  	 	105	  
	SECTION 4.02	    	 All Credit Events
	  	 	105	  
	
	ARTICLE V	  
	
	AFFIRMATIVE COVENANTS	  
			
	SECTION 5.01	    	 Existence; Businesses and Properties
	  	 	106	  
	SECTION 5.02	    	 Insurance
	  	 	107	  
	SECTION 5.03	    	 Taxes
	  	 	108	  
	SECTION 5.04	    	 Financial Statements, Reports, etc.
	  	 	109	  
	SECTION 5.05	    	 Notices
	  	 	111	  
	SECTION 5.06	    	 Compliance with Laws
	  	 	111	  
	SECTION 5.07	    	 Maintaining Records; Access to Properties and Inspections
	  	 	111	  

  
 -iii- 

							
	 	    	 	  	Page  	 
			
	SECTION 5.08	    	 Use of Proceeds
	  	 	112	  
	SECTION 5.09	    	 Compliance with Environmental Laws
	  	 	112	  
	SECTION 5.10	    	 Covenant to Guarantee Obligations and Give Security
	  	 	112	  
	SECTION 5.11	    	 Fiscal Year; Accounting
	  	 	115	  
	SECTION 5.12	    	 Proceeds of Certain Dispositions
	  	 	115	  
	SECTION 5.13	    	 Unrestricted Subsidiaries
	  	 	115	  
	
	ARTICLE VI	  
	
	NEGATIVE COVENANTS	  
			
	SECTION 6.01	    	 Investments
	  	 	116	  
	SECTION 6.02	    	 Indebtedness
	  	 	118	  
	SECTION 6.03	    	 Liens
	  	 	121	  
	SECTION 6.04	    	 Restrictions on Fundamental Changes
	  	 	122	  
	SECTION 6.05	    	 Asset Dispositions and Intracompany Disposals
	  	 	123	  
	SECTION 6.06	    	 Restricted Payments
	  	 	124	  
	SECTION 6.07	    	 Transactions with Affiliates
	  	 	126	  
	SECTION 6.08	    	 Business of the Borrower and the Subsidiaries
	  	 	128	  
	SECTION 6.09	    	 Limitation on Modifications of Organizational Documents, Indebtedness and Certain Other Agreements, etc.
	  	 	128	  
	SECTION 6.10	    	 [Reserved]
	  	 	129	  
	SECTION 6.11	    	 Senior Secured Leverage Ratio
	  	 	129	  
	SECTION 6.12	    	 Swap Agreements
	  	 	129	  
	SECTION 6.13	    	 Embargoed Person
	  	 	129	  
	SECTION 6.14	    	 Anti-Terrorism Law; Anti-Money Laundering
	  	 	130	  
	SECTION 6.15	    	 Minimum Liquidity
	  	 	130	  
	
	ARTICLE VII	  
	
	EVENTS OF DEFAULT	  
			
	SECTION 7.01	    	 Events of Default
	  	 	130	  
	SECTION 7.02	    	 Exclusion of Immaterial Subsidiaries
	  	 	133	  
	
	ARTICLE VIII	  
	
	THE AGENTS	  
			
	SECTION 8.01	    	 Appointment
	  	 	133	  
	SECTION 8.02	    	 Nature of Duties
	  	 	134	  
	SECTION 8.03	    	 Resignation by the Agents
	  	 	135	  
	SECTION 8.04	    	 Each Agent in Its Individual Capacity
	  	 	135	  
	SECTION 8.05	    	 Indemnification
	  	 	135	  
	SECTION 8.06	    	 Lack of Reliance on Agents
	  	 	136	  
	SECTION 8.07	    	 Withholding Taxes
	  	 	136	  

  
 -iv- 

							
	 	    	 	  	Page  	 
			
	SECTION 8.08	    	 No Other Duties, etc.
	  	 	136	  
	
	ARTICLE IX	  
	
	MISCELLANEOUS	  
			
	SECTION 9.01	    	 Notices
	  	 	137	  
	SECTION 9.02	    	 Survival of Agreement
	  	 	138	  
	SECTION 9.03	    	 Binding Effect; Effectiveness
	  	 	138	  
	SECTION 9.04	    	 Successors and Assigns
	  	 	138	  
	SECTION 9.05	    	 Expenses; Indemnity
	  	 	142	  
	SECTION 9.06	    	 Right of Set-off
	  	 	144	  
	SECTION 9.07	    	 Applicable Law
	  	 	145	  
	SECTION 9.08	    	 Waivers; Amendment
	  	 	145	  
	SECTION 9.09	    	 Interest Rate Limitation
	  	 	148	  
	SECTION 9.10	    	 Entire Agreement
	  	 	148	  
	SECTION 9.11	    	 WAIVER OF JURY TRIAL
	  	 	148	  
	SECTION 9.12	    	 Severability
	  	 	148	  
	SECTION 9.13	    	 Counterparts
	  	 	148	  
	SECTION 9.14	    	 Headings
	  	 	149	  
	SECTION 9.15	    	 Jurisdiction; Consent to Service of Process
	  	 	149	  
	SECTION 9.16	    	 Confidentiality
	  	 	149	  
	SECTION 9.17	    	 Citigroup Direct Website Communications
	  	 	150	  
	SECTION 9.18	    	 Release of Liens and Guarantees
	  	 	151	  
	SECTION 9.19	    	 U.S. Patriot Act
	  	 	152	  
	SECTION 9.20	    	 No Fiduciary Duty
	  	 	152	  
	SECTION 9.21	    	 Mortgaged Properties Acknowledgment
	  	 	152	  

 INDEX OF EXHIBITS 
  

			
	Exhibit A	 	 Administrative Questionnaire

	Exhibit B	 	 Form of Assignment and Acceptance

	Exhibit C-1	 	 Form of Borrowing Request

	Exhibit C-2	 	 Form of Swingline Borrowing Request

	Exhibit D	 	 Form of First Lien Intercreditor Agreement

	Exhibit E	 	 Form of Guarantee and Collateral Agreement

	Exhibit F-1 – F-4	 	 Forms of United States Tax Compliance Certificate

	Exhibit G	 	 Form of Cleary Gottlieb Steen and Hamilton LLP Opinion

	Exhibit H	 	 Form of Solvency Certificate

 INDEX OF SCHEDULES 
  

			
	Schedule 1.01(b)	 	 Original Maturity Revolving Facility Commitments and Extended Maturity Revolving Facility Commitments

	Schedule 2.05(a)	 	 Issuing Banks

	Schedule 3.04	 	 Governmental Approvals

  
 -v- 

					
	 	 	 	  	Page  
			
	Schedule 3.07(a)(i)	 	 Existing Real Property Collateral1
	  	
	Schedule 3.07(a)(ii)	 	 Fifth Amendment Material Real Property2
	  	

  
  
  

 
  

1 To include both Schedule 3.07(a)(i) and 3.07(a)(ii) from Fourth Amended
and Restated Credit Agreement. 
 2 To consist of Massey Principal
Property. 

  
 -vi- 

 FIFTH AMENDED AND RESTATED CREDIT AGREEMENT, as amended and restated as of September 24,
2014 (as amended, restated, supplemented or otherwise modified from time to time, this “Agreement”), among ALPHA NATURAL RESOURCES, INC., a Delaware corporation (the “Borrower”), the LENDERS party hereto from time
to time, the ISSUING BANKS party hereto from time to time, CITICORP NORTH AMERICA, INC., as administrative agent (in such capacity, the “Administrative Agent”) and as collateral agent (in such capacity, the “Collateral
Agent”) for the Lenders, and CITIGROUP GLOBAL MARKETS INC., as sole lead arranger and sole book manager (in such capacity, the “Lead Arranger”). 

W I T N E S S E T H : 

WHEREAS, Foundation PA Coal Company, LLC, a Delaware limited liability company (formerly known as Foundation Pa Coal Company), FC 2 Corp., a
Delaware corporation (which subsequently merged with and into the Borrower), Foundation Coal Corporation, a Delaware corporation (which subsequently merged with and into the Borrower), the Lenders party thereto from time to time, Citicorp North
America, Inc., as administrative agent and as collateral agent for such Lenders, UBS AG, Stamford Branch, Bear Stearns Corporate Lending, Inc. and Natexis Banques Populaires, each as a co-documentation agent, Citigroup Global Markets Inc. and Credit
Suisse First Boston, each as a co-syndication agent, and Citigroup Global Markets Inc. and Credit Suisse First Boston, as joint lead arrangers and joint book managers, originally entered into the Credit Agreement, dated as of July 30, 2004, as
amended by (i) Amendment No. 1, dated as of November 12, 2004 and (ii) Amendment No. 2, dated as of October 18, 2005 (the “Original Credit Agreement”). 

WHEREAS, the Original Credit Agreement was amended and restated in its entirety as of July 7, 2006 as the First Amended and Restated
Credit Agreement and was further amended by Amendment No. 1 dated as of May 22, 2009 (and effective July 31, 2009), was further amended and restated in its entirety as of April 15, 2010 as the Second Amended and Restated Credit
Agreement (the “Second Amended and Restated Credit Agreement”), was further amended and restated in its entirety as of May 19, 2011 as the Third Amended and Restated Credit Agreement, and was further amended by Amendment
No. 1 dated as of June 26, 2012 (as so amended, the “Third Amended and Restated Credit Agreement”), and then was further amended and restated in its entirety as of May 22, 2013 as the Fourth Amended and Restated
Credit Agreement, which was amended by Amendment No. 1 dated as of October 2, 2013, and by Amendment No. 2 dated as of May 7, 2014 (the “Fourth Amended and Restated Credit Agreement”). 

WHEREAS, the Borrower, the Lenders party hereto and the other parties hereto desire to amend and restate the Fourth Amended and Restated
Credit Agreement in its entirety on and subject to the terms and conditions set forth herein. 
 WHEREAS, the Obligations (as defined in
the Fourth Amended and Restated Credit Agreement) of the Borrower and the other Loan Parties under the Fourth Amended and Restated Credit Agreement and the Existing Security Documents (as defined below) are secured by certain Existing Collateral (as
defined below) and are guaranteed or supported or otherwise benefited by the Existing Security Documents. 

  
 1 

 WHEREAS, the parties hereto intend that (a) the Obligations of the Borrower and the other
Loan Parties under the Fourth Amended and Restated Credit Agreement and the other Loan Documents (as defined in the Fourth Amended and Restated Credit Agreement) (the “Existing Obligations,” and such other Loan Documents, the
“Existing Loan Documents”) that remain unpaid and outstanding on and after the Fifth Amendment Effective Date shall continue to exist under and be evidenced by this Agreement and the other Loan Documents (as defined below),
(b) any letters of credit outstanding under the Fourth Amended and Restated Credit Agreement as of the date of this Agreement (the “Existing Letters of Credit”) shall be Letters of Credit under and as defined herein,
(c) the Existing Collateral and the Existing Loan Documents shall continue to secure, guarantee, support and otherwise benefit the Existing Obligations and the Obligations of the Borrower and the other Loan Parties under this Agreement and the
other Loan Documents and (d) this Agreement and the other Loan Documents do not constitute a novation or termination of the Existing Obligations. 

WHEREAS, the Lenders hereto are willing to amend and restate the Fourth Amended and Restated Credit Agreement and are willing to continue and
extend such credit to the Borrower and each Issuing Bank is willing to issue letters of credit for the account of any Loan Party and the other parties hereto are willing to amend and restate the Fourth Amended and Restated Credit Agreement, in each
case on the terms and subject to the conditions set forth herein. 
 NOW THEREFORE, in consideration of the premises and the agreements,
provisions and covenants herein contained, the Fourth Amended and Restated Credit Agreement is hereby amended and restated to read in its entirety as follows and, accordingly, the parties hereto agree as follows: 

ARTICLE I 
 DEFINITIONS 

SECTION 1.01            Defined Terms. 

As used in this Agreement, the following terms shall have the meanings specified below: 

“2015 Senior Convertible Notes” shall mean the Borrower’s 2.375% Senior Convertible Notes due 2015. 

“2017 Senior Convertible Notes” shall mean the Borrower’s 3.75% Senior Convertible Notes due 2017 in an aggregate
principal amount of $345 million issued on May 13, 2013. 
 “2018 Senior Notes” shall mean the Borrower’s 9.75%
Senior Notes due 2018 in an aggregate principal amount of $500 million issued on October 11, 2012. 
 “2019 Senior
Notes” shall mean the Borrower’s 6.0% Senior Notes due 2019 in an aggregate principal amount of $800 million issued on June 1, 2011. 

  
 2 

 “2020 Senior Convertible Notes” shall mean the Borrower’s 4.875% Senior
Convertible Notes due 2020. 
 “2020 Second Lien Notes” shall mean the Borrower’s 7.5% Senior Secured Second Lien
Notes due 2021 in an aggregate principal amount of $500,000,000 issued on May 20, 2014. 
 “2021 Senior Notes” shall
mean the Borrower’s 6.25% Senior Notes due 2021 in an aggregate principal amount of $700 million issued on June 1, 2011. 

“ABR Borrowing” shall mean a Borrowing comprised of ABR Loans. 

“ABR Loan” shall mean any ABR Term Loan, ABR Revolving Loan or Swingline Loan. 

“ABR Revolving Facility Borrowing” shall mean a Borrowing comprised of ABR Revolving Loans. 

“ABR Revolving Loan” shall mean any Revolving Facility Loan bearing interest at a rate determined by reference to the
Alternate Base Rate in accordance with the provisions of Article II. 
 “ABR Term Loan” shall mean any Term B Loan
bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II. 

“Additional Commitments” shall have the meaning assigned to such term in Section 2.20(a). 

“Additional Lender” shall have the meaning assigned to such term in Section 2.20(a). 

“Additional Mortgage” shall mean each of the mortgages, deeds of trust, assignments of leases and rents and other security
documents delivered after the Fifth Amendment Effective Date with respect to Material Real Property to be encumbered pursuant to Section 5.10 hereof, as each may be amended, supplemented or otherwise modified from time to time (including as
amended by any Mortgage Amendment with respect thereto, if any), each substantially in the form delivered in connection with the Fourth Amended and Restated Credit Agreement with such changes thereto as shall be acceptable to the Collateral Agent.

 “Additional Revolving Facility Commitments” shall have the meaning assigned to such term in Section 2.20(a). 

“Additional Revolving Facility Lender” shall have the meaning assigned to such term in Section 2.20(a). 

“Additional Term Loan” shall have the meaning assigned to such term in Section 2.20(a). 

  
 3 

 “Additional Revolving Facility Loans” shall mean Revolving Facility Loans
pursuant to an Additional Revolving Facility Commitment. 
 “Additional Term Loan Commitments” shall have the meaning
assigned to such term in Section 2.20(a). 
 “Additional Term Loan Lender” shall have the meaning assigned to such
term in Section 2.20(a). 
 “Adjusted LIBO Rate” shall mean, with respect to any Eurocurrency Borrowing for any
Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/100 of 1%) equal to the product of (a) the LIBO Rate in effect for such Interest Period and (b) Statutory Reserves applicable to such Eurocurrency
Borrowing, if any; provided that, solely with respect to the Term B Loans, the Adjusted LIBO Rate shall be deemed to not be less than 0.75% per annum. 

“Administrative Agent” shall have the meaning assigned to such term in the introductory paragraph of this Agreement. 

“Administrative Agent Fees” shall have the meaning assigned to such term in Section 2.12(c). 

“Administrative Questionnaire” shall mean an Administrative Questionnaire in the form of Exhibit A to this Agreement.

 “Affiliate” shall mean, when used with respect to a specified person, another person that directly, or indirectly
through one or more intermediaries, Controls or is Controlled by or is under common Control with the person specified. 
 “Agent
Parties” shall have the meaning assigned to such term in Section 9.17(c). 
 “Agents” shall mean the
Administrative Agent and the Collateral Agent. 
 “Agreement” shall have the meaning assigned to such term in the
introductory paragraph of this Agreement. 
 “Alternate Base Rate” shall mean, for any day, a rate per annum equal to the
greatest of (a) Citibank, N.A.’s Base Rate, (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1% and (c) the LIBO Rate for a 30-day interest period as determined on such day, plus 1.0%; provided that,
solely with respect to the Term B Loans, the Alternate Base Rate shall be deemed to not be less than 1.75% per annum. If for any reason the Administrative Agent shall have determined (which determination shall be conclusive absent manifest
error) that it is unable to ascertain the Federal Funds Effective Rate, including the failure of the Federal Reserve Bank of New York to publish rates or the inability of the Administrative Agent to obtain quotations in accordance with the terms
thereof, the Alternate Base Rate shall be determined without regard to clause (b) of the preceding sentence until the circumstances giving rise to such inability no longer exist. Any change in the Alternate Base Rate due to a change in the Base

  
 4 

 
Rate or the Federal Funds Effective Rate shall be effective on the effective date of such change in the Base Rate or the Federal Funds Effective Rate, respectively. 

“Amendment Agreement” means the Amendment Agreement dated as of September 24, 2014 among the Borrower, the
Administrative Agent and certain Lenders party thereto. 
 “Amendment No. 2 Effective Date” shall mean May 7,
2014. 
 “Anti-Terrorism Laws” shall have the meaning assigned to such term in Section 3.21(a). 

“Applicable Margin” shall mean (i) for any day with respect to any ABR Loan under the Revolving Facility, the
applicable margin per annum set forth below under the caption “Original Maturity Revolving Facility Loan ABR Spread” or “Extended Maturity Revolving Facility Loan Spread” based upon the Leverage Ratio as of the most recent
determination date, (ii) for any day with respect to any Eurocurrency Loan under the Revolving Facility, the applicable margin per annum set forth below the caption “Original Maturity Revolving Facility Loan Eurocurrency Spread” or
“Extended Maturity Revolving Facility Loan Eurocurrency Spread” based upon the Leverage Ratio as of the most recent determination date, (iii) for any day with respect to any ABR Loan under the Term B Loan Facility, the applicable
margin per annum set forth below under the caption “Term B Loan ABR Spread” based upon the Leverage Ratio as of the most recent determination date, (iv) for any day with respect to any Eurocurrency Loan under the Term B Loan Facility,
the applicable margin per annum set forth below the caption “Term B Eurocurrency Spread” based upon the Leverage Ratio as of the most recent determination date and (v) for any day with respect to any Commitment Fee, the fee per annum
set forth below the caption “Commitment Fee” based upon the Leverage Ratio as of the most recent determination date. 
  

																	
	  

Leverage
 Ratio:
	 	  	  	  

  Original    
  Maturity    
  Revolving    

  Facility    

  Loan ABR    
  Spread    

 
	  	  

  Extended    
  Maturity    
  Revolving    

  Facility    
  Loan ABR    
  Spread    
	  	  

  Original    
  Maturity    
  Revolving    

  Facility Loan    
  Eurocurrency    
  Spread    
	  	  

Extended  
Maturity  
Revolving  
Facility Loan  
Eurocurrency  

Spread  
	  	  

Term B  

Loan  

ABR  
Spread  
	  	  

Term B 

Loan 
Eurocurrency 
Spread 
	  	  

Commitment
 Fee

	  

Category 1
 Greater than
3.75 to 1.00
  
	 	 	  	2.00%	  	3.00%	  	3.00%	  	4.00%	  	1.75%	  	2.75%	  	0.50%

  
 5 

																	
	  

Category 2
 Equal
to or less than 3.75 to 1.00 but equal to or greater than 2.00 to 1.00
  
	  	 	  	1.50%  	  	2.50%  	  	2.50%  	  	3.50%  	  	1.75%  	  	2.75%  	  	0.50% 
	  

Category 3
 Less
than 2.00 to 1.00 but equal to or greater than 1.50 to 1.00
  
	  	 	  	1.25%  	  	2.25%  	  	2.25%  	  	3.25%  	  	1.75%  	  	2.75%  	  	0.50% 
	  

Category 4
 Less than
1.50 to 1.00
  
	  	 	  	1.00%  	  	2.00%  	  	2.00%  	  	3.00%  	  	1.75%  	  	2.75%  	  	0.375% 

 For purposes of the foregoing, (1) the Leverage Ratio shall be determined as of the end of each fiscal quarter of the
Borrower’s fiscal year based upon the consolidated financial information of the Borrower and its Restricted Subsidiaries delivered pursuant to Section 5.04(a) or (b) and (2) each change in the Applicable Margin resulting from a
change in the Leverage Ratio shall be effective during the period commencing on and including the first Business Day after the date of delivery to the Administrative Agent of such consolidated financial information indicating such change and ending
on the date immediately preceding the effective date of the next such change; provided that the Leverage Ratio shall be deemed to be in Category 1 for purposes of this definition at the option of the Administrative Agent or the Required
Lenders at any time during which the Borrower fails to deliver the consolidated financial information when required to be delivered pursuant to Section 5.04(a) or (b), during the period from the expiration of the time for delivery thereof until
such consolidated financial information is delivered. 
 Notwithstanding the foregoing, the Applicable Margin in respect of Extended Term
Loans or Extended Revolving Facility Commitments of any Extension Series or Other Term Loans or Other Revolving Facility Loans shall be the applicable percentages per annum provided pursuant to the relevant Extension Amendment or Refinancing
Amendment, as the case may be. 
 “Applicant Party” shall mean, with respect to any Letter of Credit issued hereunder, the
applicable Loan Party requesting issuance of such Letter of Credit. 

  
 6 

 “Approved Fund” shall have the meaning assigned to such term in
Section 9.04(b). 
 “ASC” has the meaning provided in the definition of “Consolidated Net Income”. 

“Asset Acquisition” shall mean any acquisition of all or substantially all the assets of, or the Equity Interests in, any
business, any person, division, line of business, Coal mine or other operating facility, the aggregate consideration for which exceeds $65 million. 

“Asset Disposition” shall mean any sale, transfer or other disposition by the Borrower or any of the Restricted Subsidiaries
to any person other than the Borrower or any other Loan Party of any asset or group of related assets, including Equity Interests of any Subsidiary, in one or a series of related transactions, the gross proceeds from which exceed $100 million;
provided that Asset Disposition shall not include (i) any sale, transfer or other disposition of (x) inventory, surplus, obsolete or worn-out equipment, assets determined by management of the Borrower to be no longer useful or
necessary in the operation of the business of the Borrower and its Restricted Subsidiaries, Permitted Investments or any other asset, all in the ordinary course of business, (y) any assets of a Restricted Subsidiary that is not a Loan Party to
the Borrower or any other Subsidiary or (z) unrestricted cash, cash equivalents or Permitted Investments of the Borrower or any of the Restricted Subsidiaries or (ii) Intracompany Disposals. 

“Assignment and Acceptance” shall mean an assignment and acceptance entered into by a Lender and an assignee, and accepted
by the Administrative Agent and the Borrower (if required by such assignment and acceptance), in the form of Exhibit B to this Agreement or such other form as shall be approved by the Administrative Agent. 

“Auction” shall have the meaning assigned to such term in Section 2.23. 

“Auction Manager” shall have the meaning assigned to such term in Section 2.23. 

“Auction Notice” shall mean notification to the Auction Manager (for distribution to the Lenders of the Term B Loans)
containing information as required pursuant to the Auction Procedures. 
 “Auction Procedures” shall mean procedures for
the conduct of any Auction as mutually determined by the Borrower and the Auction Manager and consented to by the Administrative Agent (such consent not to be unreasonably withheld). 

“Availability Period” shall mean the period from and including the day after the Third Amendment Effective Date to but
excluding the earlier of (i) the Revolving Facility Maturity Date of the applicable Revolving Facility and (ii) with respect to any Revolving Facility Commitments that are terminated, the date of termination of the Revolving Facility
Commitments; provided that Letters of Credit may be issued on the Third Amendment Effective Date. 
 “Available Unused
Commitment” shall mean, with respect to a Revolving Facility Lender at any time, an amount equal to the amount by which (a) the Revolving Facility 

  
 7 

 
Commitment of such Revolving Facility Lender at such time exceeds (b) the Revolving Facility Credit Exposure of such Revolving Facility Lender at such time. 

“Base Rate” shall mean the sum (adjusted to the nearest 0.25% or, if there is no nearest 0.25% to the next higher 0.25%) of
(i) 0.5% per annum, (ii) the rate per annum obtained by dividing (A) the latest three-week moving average of secondary market morning offering rates in the United States for three-month certificates of deposit of major United States
money market banks, such three-week moving average being determined weekly on each Monday (or, if any such day is not a Business Day, on the next succeeding Business Day) for the three-week period ending on the previous Friday by Citibank, N.A. on
the basis of such rates reported by certificate of deposit dealers to and published by the Federal Reserve Bank of New York or, if such publication shall be suspended or terminated, on the basis of quotations for such rates received by Citibank,
N.A. from three New York certificate of deposit dealers of recognized standing selected by Citibank, N.A., by (B) a percentage equal to 100% minus the average of the daily percentages specified during such three-week period by the
Federal Reserve Board for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) for Citibank, N.A. in respect of liabilities consisting of or including (among other liabilities)
three-month U.S. dollar nonpersonal time deposits in the United States and (iii) the average during such three-week period of the maximum annual assessment rates estimated by Citibank, N.A. for determining the then current annual assessment
payable by Citibank, N.A. to the Federal Deposit Insurance Corporation (or any successor) for insuring U.S. Dollar deposits in the United States. 

“Board” shall mean the Board of Governors of the Federal Reserve System of the United States of America. 

“Board of Directors” shall mean, with respect to any Person, (i) in the case of any corporation, the board of directors
of such Person or any authorized committee thereof, (ii) in the case of any limited liability company, the board of managers of such Person or any authorized committee thereof, (iii) in the case of any partnership, the Board of Directors
of the general partner of such Person or any authorized committee thereof and (iv) in any other case, the functional equivalent of the foregoing. 

“Borrower” shall have the meaning assigned to it in the recitals hereof. 

“Borrowing” shall mean a group of Loans of a single Type under a single Facility and made on a single date and, in the case
of Eurocurrency Loans, as to which a single Interest Period is in effect. 
 “Borrowing Minimum” shall mean (a) in
the case of an ABR Revolving Facility Borrowing, $5 million, (b) in the case of a Eurocurrency Revolving Facility Borrowing, $5 million, and (c) in the case of a Swingline Borrowing, $500,000. 

“Borrowing Multiple” shall mean (a) in the case of a Revolving Facility Borrowing, $1 million and (b) in the case
of a Swingline Borrowing, $500,000. 

  
 8 

 “Borrowing Request” shall mean a request by the Borrower in accordance with the
terms of Section 2.03 and substantially in the form of Exhibit C-1 to this Agreement. 
 “Business Day”
shall mean any day that is not a Saturday, Sunday or other day on which commercial banks in New York City are authorized or required by law to remain closed; provided that, when used in connection with a Eurocurrency Loan, the term
“Business Day” shall also exclude any day on which banks are not open for dealings in deposits in the applicable currency in the London interbank market. 

“Capital Lease Obligations” of any person shall mean the obligations of such person to pay rent or other amounts under any
lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital leases on a balance sheet of such person under GAAP and, for
purposes hereof, the amount of such obligations at any time shall be the capitalized amount thereof at such time determined in accordance with GAAP. 

“Capture” shall mean to collect, treat (if necessary), process (if necessary), transport, store (if necessary), market and
sell Gas that is available from any well or any bore or vent hole. 
 “Cash Collateralize” means, in respect of an
obligation, provide and pledge (as a first priority perfected security interest) cash collateral in Dollars, at a location and pursuant to documentation in form and substance reasonably satisfactory to the Administrative Agent (and “Cash
Collateralization” has a corresponding meaning). 
 “Cash Interest Expense” shall mean, with respect to the
Borrower and its Restricted Subsidiaries on a consolidated basis for any period, Interest Expense for such period, less the sum of (a) pay-in-kind Interest Expense or other noncash Interest Expense (including as a result of the effects of
purchase accounting), (b) to the extent included in Interest Expense, the amortization of any financing fees paid by, or on behalf of, the Borrower or any Restricted Subsidiary, including such fees paid in connection with the Transactions,
(c) the amortization of debt discounts, if any, or fees in respect of Swap Agreements and (d) cash interest income of the Borrower and its Restricted Subsidiaries for such period; without limiting the foregoing, Cash Interest Expense shall
exclude any one-time financing fees paid in connection with the Transactions or any amendment of this Agreement or upon entering into a Permitted Receivables Financing. 

“Casualty and Condemnation Award” shall mean casualty insurance settlements and condemnation awards, in excess, for any one
event, of $100 million, resulting from any loss, damage, destruction or condemnation of any assets of the Borrower or any Restricted Subsidiary. 

A “Change in Control” shall be deemed to occur if: 

(a)        at any time, a majority of the seats (other than vacant seats) on the Board
of Directors of the Borrower shall be occupied by persons who were neither (A) nominated by the Board of Directors of the Borrower or (B) appointed by directors so nominated; or 

  
 9 

 (b)        a “Change in
Control” shall occur under the Senior Note Indenture; or 
 (c)        any
“person” or “group” (each as used in Sections 13(d) and 14(d) of the Exchange Act as in effect on Third Amendment Effective Date) is or becomes the beneficial owner (as defined in Rule 13d-3 of the Exchange Act as in effect on
Third Amendment Effective Date), directly or indirectly, in the aggregate Equity Interests representing 35% or more of the aggregate ordinary voting power represented by the issued and outstanding Equity Interests of the Borrower. 

“Change in Law” shall mean (a) the adoption of any law, treaty, rule or regulation after Third Amendment Effective
Date, (b) any change in law, treaty, rule or regulation or in the interpretation or application thereof by any Governmental Authority after the Third Amendment Effective Date or (c) compliance by any Lender or Issuing Bank (or, for
purposes of Section 2.15(b), by any lending office of such Lender or by such Lender’s or Issuing Bank’s holding company, if any) with any written request, guideline or directive (whether or not having the force of law) of any
Governmental Authority made or issued after the Third Amendment Effective Date; provided that, notwithstanding anything herein to the contrary, (x) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules,
regulations, guidelines or directives thereunder or issued in connection therewith and (y) all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any
successor or similar authority) or the United States or foreign regulatory authorities, in each case pursuant to Basel III, shall in each case be deemed to be a “Change in Law”, regardless of the date enacted, adopted or issued. 

“Charges” shall have the meaning assigned to such term in Section 9.09. 

“Class” when used in respect of any Loan or Borrowing, shall refer to whether such Loan (or of a Commitment to make such a
Loan or of a Borrowing comprised of such Loans) is an Original Maturity Revolving Facility Loan, an Extended Maturity Revolving Facility Loan, a Revolving Facility Loan under an Extended Revolving Facility Commitment of a given Extension Series, an
Other Revolving Facility Loan, a Term B Loan, an Additional Term Loan, an Other Term Loan or an Extended Term Loan of a given Extension Series. 

“Coal” shall mean all types of solid naturally occurring hydrocarbons (other than oil shale or Gilsonite), including without
limitation, bituminous and sub-bituminous coal, and lignite. 
 “Coal Gas” shall mean occluded methane gas and all
associated natural gas and other hydrocarbons of whatever quality or quantity, whether known or unknown, that are, can be, or historically have been produced or emitted from coalbeds, coal formations, coal seams, mined out areas, gob areas, or any
related, associated, or adjacent rock material or strata, together with all substances produced with each of the foregoing or refined therefrom. For the avoidance of doubt, the term “Coal Gas” shall expressly include all substances
commonly known as “coalbed methane,” “coal mine methane,” and “gob gas.” 
 “Code” shall
mean the Internal Revenue Code of 1986, as amended from time to time. 

  
 10 

 “Collateral” shall mean all the “Collateral” as defined in any
Security Document and all other assets that become subject to the Liens created by the Security Documents from time to time and shall also include the Mortgaged Properties; provided that Collateral shall not include Excluded Assets. 

“Collateral Agent” shall have the meaning given such term in the introductory paragraph of this Agreement. 

“Commitment Fee” shall have the meaning assigned to such term in Section 2.12(a). 

“Commitments” shall mean (a) with respect to any Lender, such Lender’s Revolving Facility Commitment and Term B
Loan Commitment and (b) with respect to any Swingline Lender, its Swingline Commitment, as applicable. 

“Communications” shall have the meaning assigned to such term in Section 9.17(a). 

“Consolidated Debt” as of any date shall mean (without duplication) (i) the aggregate amount of all Indebtedness of the
Borrower and its Restricted Subsidiaries specified in clauses (a), (b), (c) and (e) of the definition of Indebtedness (so long as, in the case of clause (e), such Guarantees are full and unconditional and such Guarantees are of
Indebtedness of Unrestricted Subsidiaries or Minority Ventures specified in clauses (a), (b) and (c) of the definition of Indebtedness), plus (ii) any Receivables Net Investment of the Borrower and its Restricted Subsidiaries.

 “Consolidated Gross Senior Secured Debt” shall mean, as of any date of determination, the aggregate principal amount of
Consolidated Debt that is not Subordinated Indebtedness on such date and that is secured by a first priority Lien. 
 “Consolidated
Liquidity” means, for the Borrower and its Restricted Subsidiaries on a consolidated basis, the sum of (x) all unrestricted cash, cash equivalents and Permitted Investments, (y) the aggregate Available Unused Commitments (assuming
for such purpose, that the Borrower would be permitted to immediately incur such Available Unused Commitments) and (z) the unused availability under any Permitted Receivables Financing. 

“Consolidated Net Debt” as of any date shall mean (without duplication) (i) the aggregate amount of all Indebtedness of
the Borrower and its Restricted Subsidiaries specified in clauses (a), (b), (c) and (e) of the definition of Indebtedness (so long as, in the case of clause (e), such Guarantees are full and unconditional and such Guarantees are of
Indebtedness of Unrestricted Subsidiaries or Minority Ventures specified in clauses (a), (b) and (c) of the definition of Indebtedness), plus (ii) any Receivables Net Investment of the Borrower and its Restricted Subsidiaries,
minus (iii) the aggregate amount of unrestricted cash, cash equivalents and Permitted Investments of the Borrower and its Restricted Subsidiaries; provided that, for the purposes of the definition of Consolidated Senior Secured
Debt, the aggregate amount of unrestricted cash, cash equivalents and Permitted Investments that reduces clauses (i) and (ii) above shall not exceed $700 million. 

  
 11 

 “Consolidated Net Income” shall mean, for any period, the aggregate of the Net
Income of the Borrower and its Restricted Subsidiaries for such period, on a consolidated basis; provided, however, that 

(i)        any net after-tax extraordinary or nonrecurring gains or losses or income
or expenses or charges (including, without limitation, income, expenses and charges attributable to litigation and arbitration settlements, severance, retention, relocation and other restructuring costs), less all fees and expenses relating thereto
shall be excluded; provided that, with respect to each nonrecurring item, the Borrower shall have delivered to the Administrative Agent an officers’ certificate specifying and quantifying such item and stating that such item is a
nonrecurring item, 
 (ii)       fees, expenses or charges related to the Transactions,
any Asset Acquisition (or any similar transaction or transactions that require a waiver or consent of the Required Lenders pursuant to Section 6.04 or 6.05), any incurrence or repayment of Indebtedness, including any refinancing transaction or
any amendment or modification of any Indebtedness, or the issuance of any Equity Interests and including any such transaction occurring on, prior to or after the Third Amendment Effective Date (in each case, whether or not successful) shall be
excluded, 
 (iii)      accruals and reserves that are established within twelve
(12) months after the Third Amendment Effective Date that are so required to be established as a result of the Transactions in accordance with GAAP shall be excluded, 

(iv)      any net after-tax income or loss from discontinued operations and any net after-tax
gain or loss on disposal of discontinued operations shall be excluded, 
 (v)       any
net after-tax gain or loss (less all fees and expenses or charges relating thereto) attributable to business dispositions or asset dispositions other than in the ordinary course of business (as determined in good faith by the Board of Directors of
the Borrower) shall be excluded, 
 (vi)      any net after-tax income or loss (less all fees
and expenses or charges relating thereto) attributable to the early extinguishment of indebtedness, including obligations under Swap Agreements or other derivative instruments, shall be excluded, 

(vii)     (A) any net unrealized gain or loss (after any offset) resulting in such period from
obligations under any Swap Agreements and the application of Accounting Standards Codifications (“ASC”) 815 Derivatives and Hedging and (B) any net unrealized gain or loss (after any offset) resulting in such period from
currency translation gains or losses shall be excluded, 
 (viii)    (A) the Net Income for such period
of any person that is not a Restricted Subsidiary, or that is accounted for by the equity method of accounting, shall be included only to the extent of the amount of dividends or distributions or other payments paid in cash (or to the extent
converted into cash) to the Borrower or a Restricted Subsidiary in respect of such period and (B) the Net Income for such period shall include any dividend, 

  
 12 

 
distribution or other payment in cash received from any person in excess of the amounts included in clause (A), 

(ix)       the Net Income for such period of the Borrower and any Restricted Subsidiary
(that is not a Guarantor) shall be excluded to the extent that the declaration or payment of dividends or similar distributions by such Restricted Subsidiary of its Net Income is not at the date of determination permitted without any prior
governmental approval (which has not been obtained) or, directly or indirectly, by the operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule, or governmental regulation applicable to that
Restricted Subsidiary or its stockholders, unless such restriction with respect to the payment of dividends or in similar distributions has been legally waived (provided that the net loss of any such Restricted Subsidiary shall be included and that
the Consolidated Net Income of the Borrower shall be increased by the amount of dividends or distributions or other payments that are actually paid in cash, or to the extent converted into cash, by such Restricted Subsidiary in respect of such
period to the extent not already, or previously, included therein), 

(x)        Consolidated Net Income for such period shall not include the cumulative
effect of a change in accounting principles during such period, 
 (xi)       any
increase in depreciation, depletion or amortization or any one-time noncash charges (such as purchased in-process research and development or capitalized manufacturing profit in inventory) resulting from purchase accounting in connection with any
acquisition shall be excluded, 
 (xii)      any non-cash impairment charges resulting from
the application of ASC 350 Intangibles—Goodwill and Other and ASC 360 Property, Plant and Equipment and the amortization of intangibles pursuant to ASC 805 Business Combinations shall be excluded, 

(xiii)     any long-term incentive plan accruals and any non-cash compensation expense realized from
grants of stock appreciation or similar rights, stock options or other rights to officers, directors and employees of the Borrower or any of its Restricted Subsidiaries shall be excluded, and 

(xiv)     notwithstanding any other provision in this definition to the contrary, any net after-tax
loss (less all fees and expenses or charges relating thereto) attributable to Qualifying Asset Dispositions shall be excluded. 

“Consolidated Senior Secured Debt” shall mean, as of any date of determination, the aggregate principal amount of
Consolidated Net Debt that is not Subordinated Indebtedness on such date and that is secured by a first priority Lien. 

“Consolidated Tangible Assets” shall mean, as of any date, the aggregate amount of assets of the Borrower and the Restricted
Subsidiaries after deducting therefrom all goodwill, Intellectual Property, unamortized debt discount and expenses and other like intangibles, 

  
 13 

 
determined in accordance with GAAP, as set forth on the consolidated balance sheet of the Borrower as of such date. 

“Consolidated Total Assets” shall mean, as of any date, the total assets of the Borrower and the Restricted Subsidiaries,
determined in accordance with GAAP, as set forth on the consolidated balance sheet of the Borrower as of such date. 

“Contract” means, with respect to any Receivable, any and all contracts, instruments, agreements, leases, invoices, notes or
other writings pursuant to which such Receivable arises or that evidence such Receivable or under which an obligor becomes or is obligated to make payment in respect of such Receivable. 

“Control” shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the management
or policies of a person, whether through the ownership of voting securities, by contract or otherwise, and “Controlling,” “Controlled” and “Controls” shall have meanings correlative thereto. 

“Conventional O & G” shall mean all liquid or gaseous hydrocarbons, other than Coal Gas, including, without limitation,
condensate, distillate, and other substances produced with each of the foregoing or refined therefrom, in each case, whether known or unknown. For the avoidance of doubt, the term “Conventional O & G” shall expressly include, without
limitation, all substances commonly known as “conventional oil and gas.” 
 “Credit Agreement Refinancing
Indebtedness” shall mean (a) Permitted First Priority Refinancing Debt, (b) Permitted Second Priority Refinancing Debt, (c) Permitted Unsecured Refinancing Debt or (d) other Indebtedness incurred pursuant to a
Refinancing Amendment (including, without limitation, Other Term Loans and Other Revolving Facility Loans), in each case, issued, incurred or otherwise obtained (including by means of the extension or renewal of Indebtedness) in exchange for, or to
extend, renew, replace or refinance, in whole or part, Term B Loans or Revolving Facility Loans (or unused Revolving Facility Commitments), or any Credit Agreement Refinancing Indebtedness (“Refinanced Debt”); provided that
(i) such Indebtedness has a later maturity and a weighted average life to maturity equal to or greater than the Refinanced Debt, (ii) such Indebtedness shall not have a greater principal amount than the principal amount of the Refinanced
Debt plus accrued interest, fees and premiums (if any) thereon and reasonable fees and expenses associated with the refinancing; provided that unused Revolving Facility Commitments shall be deemed Indebtedness for the purpose of this clause
(ii), (iii) such Refinanced Debt shall be repaid, defeased or satisfied and discharged on a dollar-for-dollar basis, and all accrued interest, fees and premiums (if any) in connection therewith shall be paid, on or prior to the date such Credit
Agreement Refinancing Indebtedness is issued, incurred or obtained and (iv) the aggregate unused revolving commitments under such Credit Agreement Refinancing Indebtedness shall not exceed the unused Revolving Facility Commitments being
replaced. 
 “Credit Event” shall have the meaning assigned to such term in Section 4.02. 

“date hereof” shall mean the Fifth Amendment Effective Date. 

  
 14 

 “Default” shall mean any event or condition that upon notice, lapse of time or
both would constitute an Event of Default. 
 “Defaulting Lender” shall mean any Lender with respect to which a Lender
Default is in effect. 
 “Designated Jurisdiction” means any country or territory to the extent that such country or
territory itself is the subject of any Sanction. 
 “Dollars” or “$” shall mean lawful money of the
United States of America. 
 “Domestic Subsidiary” shall mean any Subsidiary that is incorporated or organized under the
laws of the United States of America, any State thereof or the District of Columbia. 
 “EBITDA” shall mean, with respect
to the Borrower and the Restricted Subsidiaries on a consolidated basis for any period, the Consolidated Net Income of the Borrower and the Restricted Subsidiaries for such period plus (a) the sum of (in each case without duplication and
to the extent the respective amounts described in subclauses (i) through (viii) of this clause (a) reduced such Consolidated Net Income for the respective period for which EBITDA is being determined): 

(i)        provision for Taxes based on income, profits or capital of the Borrower and
the Restricted Subsidiaries for such period, including, without limitation, state, franchise and similar taxes (such as the Pennsylvania and West Virginia franchise tax), 

(ii)       Interest Expense of the Borrower and the Restricted Subsidiaries for such period
(net of interest income of the Borrower and its Restricted Subsidiaries for such period), 

(iii)      depreciation, depletion and amortization (including amortization of intangibles,
deferred financing fees and any amortization included in pension, OPEB or other employee benefit expenses, but excluding amortization of prepaid cash expenses that were paid in a prior period) and other non-cash expenses (including, without
limitation write-downs and impairment of property, plant, equipment and intangibles and other long-lived assets and the impact of purchase accounting but excluding any such non-cash expense to the extent that it represents an accrual of or reserve
for cash expenses in any future period or amortization of a prepaid cash expense that was paid in a prior period) of the Borrower and its Restricted Subsidiaries for such period, 

(iv)      business optimization expenses and other restructuring charges; provided that,
with respect to each business optimization expense or other restructuring charge, the Borrower shall have delivered to the Administrative Agent an officers’ certificate specifying and quantifying such expense or charge and stating that such
expense or charge is a business optimization expense or other restructuring charge, as the case may be, 

  
 15 

 (v)       any other noncash charges (but
excluding any such charge which requires an accrual of, or a cash reserve for, anticipated cash charges for any future period); provided that, for purposes of this subclause (v) of this clause (a), any noncash charges or losses shall be
treated as cash charges or losses in any subsequent period during which cash disbursements attributable thereto are made, 

(vi)      the income attributable to the minority equity interests of third parties in any
non-Wholly Owned Subsidiary of the Borrower in such period or any prior period, except to the extent of dividends declared or paid on Equity Interests held by third parties, 

(vii)     the noncash portion of “straight-line” rent expense, and 

(viii)    accretion of asset retirement obligations in accordance with ASC 410 Asset Retirement and
Environmental Obligations, and any similar accounting in prior periods; 
 provided that, to the extent that all or any portion of the income of any
person is excluded from Consolidated Net Income pursuant to the definition thereof for all or any portion of such period, any amounts set forth in the preceding clauses (i) through (viii) that are attributable to such person shall not be
included for purposes of this definition for such period or portion thereof); and 
 minus (b) the sum of (in each case without duplication and
to the extent the respective amounts described in subclauses (i) and (iii) of this clause (b) increased such Consolidated Net Income for the respective period for which EBITDA is being determined): 

(i)        the losses attributable to the minority equity interests of third parties
in any non-Wholly Owned Subsidiary of the Borrower, 
 (ii)       noncash items
increasing Consolidated Net Income of the Borrower and the Restricted Subsidiaries for such period (but excluding any such items (A) in respect of which cash was received in a prior period or will be received in a future period or
(B) which represent the reversal of any accrual of, or cash reserve for, anticipated cash charges in any prior period) and 

(iii)      the cash portion of “straight-line” rent expense which exceeds the amount
expensed in respect of such rent expense. 
 “Embargoed Person” or “Embargoed Persons” shall have the
meaning given such term in Section 6.13. 
 “Environment” shall mean ambient and indoor air, surface water and
groundwater (including potable water, navigable water and wetlands), the land surface or subsurface strata, natural resources such as flora and fauna, the workplace or as otherwise defined in any Environmental Law. 

  
 16 

 “Environmental Claim” means any claim, cause of action, investigation or notice
by any Person, including any Governmental Authority having jurisdiction, alleging any potential or resulting in any liability or costs (including liabilities or costs relating to compliance costs, investigatory costs, cleanup or remediation costs,
governmental or third party response costs, natural resource damages, property damage, personal injuries, or fines or penalties) based on or resulting from (A) the presence or Release of, or exposure to, any Hazardous Materials at any location,
whether or not owned or operated by the Borrower or any of its Subsidiaries, as applicable, or (B) any Environmental Law, Mining Law or Mining Permit, including the alleged or actual violation thereof. 

“Environmental Law” shall mean collectively, all laws, including common law, that relate to (a) the prevention,
abatement or elimination of pollution, or the protection of the Environment, or of natural resources, including (i) to the extent so related, Mining Laws (other than the Mine Safety and Health Act (30 U.S.C. Section 801 et seq.)), and
(ii) all Reclamation Laws, and (b) the generation, handling, treatment, storage, disposal or transportation, the regulation of or exposure to Hazardous Materials, including the Comprehensive Environmental Response Compensation and
Liability Act, 42 U.S.C. §§9601 et seq. (“CERCLA”), the Endangered Species Act, 16 U.S.C. §§ 1531 et seq., the Federal Land Policy and Management Act, 43 U.S.C. §§ 1701 et
seq., the Solid Waste Disposal Act, as amended by the Resource Conservation and Recovery Act, as amended, 42 U.S.C. §§ 6901 et seq. (“RCRA”), the Clean Air Act, 42 U.S.C. §§ 7401 et
seq., the Clean Water Act, 33 U.S.C. §§ 1251 et seq., the Toxic Substances Control Act, 15 U.S.C. §§ 2601 et seq., the Emergency Planning and Community Right to Know Act, 42 U.S.C. §§
11001 et seq., each as amended, and their state or local counterparts or equivalents. 
 “Equity Interests”
of any person shall mean any and all shares, interests, rights to purchase, warrants, options, participation or other equivalents of or interests in (however designated) equity of such person, including any preferred stock, any limited or general
partnership interest and any limited liability company membership interest; provided that, for the avoidance of doubt, “Equity Interests” shall not include notes convertible or exchangeable into Equity Interests until such
conversion and/or exchange. 
 “Equity Issuance Proceeds” shall mean 100% of the aggregate net proceeds, including cash
and the Fair Market Value of assets other than cash, received by the Borrower since the Third Amendment Effective Date from the issue or sale of Equity Interests of the Borrower or convertible or exchangeable debt securities that have been converted
into or exchanged for such Equity Interests. 
 “ERISA” shall mean the Employee Retirement Income Security Act of 1974, as
the same may be amended from time to time. 
 “ERISA Affiliate” shall mean any trade or business (whether or not
incorporated) that, together with the Borrower or any Subsidiary, is treated as a single employer under Section 414(b) or (c) of the Code, or, solely for purposes of Section 302 of ERISA and Section 412 of the Code, is treated as
a single employer under Section 414 of the Code. 

  
 17 

 “ERISA Event” shall mean (a) any Reportable Event; (b) a failure to
satisfy the minimum standard under Section 412 of the Code or Section 302 of ERISA, whether or not waived; (c) the filing pursuant to Section 412(c) of the Code or Section 303(c) of ERISA of an application for a waiver of
the minimum funding standard with respect to any Plan, the failure to make by its due date a required installment under Section 430(j) of the Code with respect to any Plan or the failure to make any required contribution to a Multiemployer
Plan; (d) a withdrawal by the Borrower, any Subsidiary, or any ERISA Affiliate from a Plan subject to Section 4063 of ERISA during a plan year in which it was a substantial employer (as defined in Section 4001(a)(2) of ERISA) or a
cessation of operations that is treated as such a withdrawal under Section 4062(e) of ERISA; (e) the incurrence by the Borrower, any Subsidiary or any ERISA Affiliate of any liability under Title IV of ERISA; (f) the receipt by the
Borrower, any Subsidiary or any ERISA Affiliate from the PBGC or a plan administrator of any notice relating to an intention to terminate any Plan or to appoint a trustee to administer any Plan under Section 4042 of ERISA, or the occurrence of
any event or condition which would reasonably be expected to constitute grounds under ERISA for the termination of, or the appointment of a trustee to administer, any Plan; (g) the incurrence by the Borrower, any Subsidiary or any ERISA
Affiliate of any liability with respect to the withdrawal or partial withdrawal from any Plan or Multiemployer Plan; (h) the receipt by the Borrower, any Subsidiary or any ERISA Affiliate of any notice, or the receipt by any Multiemployer Plan
from the Borrower, a Subsidiary or any ERISA Affiliate of any notice, concerning the imposition of Withdrawal Liability or a determination that a Multiemployer Plan is, or is expected to be, insolvent or in reorganization, within the meaning of
Title IV of ERISA; or (i) the occurrence of a nonexempt prohibited transaction (within the meaning of Section 4975 of the Code or Section 406 of ERISA) which would reasonably be expected to result in liability to the Borrower or
any Subsidiary. 
 “Eurocurrency Borrowing” shall mean a Borrowing comprised of Eurocurrency Loans. 

“Eurocurrency Loan” shall mean any Eurocurrency Term Loan or Eurocurrency Revolving Loan. 

“Eurocurrency Revolving Facility Borrowing” shall mean a Borrowing comprised of Eurocurrency Revolving Loans. 

“Eurocurrency Revolving Loan” shall mean any Revolving Facility Loan bearing interest at a rate determined by reference to
the Adjusted LIBO Rate in accordance with the provisions of Article II. 
 “Eurocurrency Term Loan” shall mean any
Term B Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II. 

“Event of Default” shall have the meaning assigned to such term in Section 7.01. 

“Exchange Act” means the Securities Exchange Act of 1934, as amended. 

“Excluded Assets” shall mean: 

  
 18 

 (i)        any Equity Interests of any
Special Purpose Receivables Subsidiary; 
 (ii)       any promissory note made in favor
of any Loan Party by any Special Purpose Receivables Subsidiary with respect to the purchase price of Receivables from such Loan Party in connection with a Permitted Receivables Financing; 

(iii)      any Receivables Assets related to (including, without limitation, by being sold,
pledged or financed pursuant to) a Permitted Receivables Financing; 
 (iv)      any Gas
Properties; 
 (v)       that certain aircraft lease (serial number 560-5359), dated
November 16, 2009, as amended as of February 16, 2010, by and between Alpha Natural Resources Services, LLC and Bank of America, N.A.; 

(vi)      any assets to the extent that and for so long as the grant of a security interest
therein would violate applicable law or any organizational documents or any contractual or lease provisions or give another party any rights of termination or acceleration or any rights to obtain a Lien to secure obligations owing to such party
(other than pursuant to the Massey Convertible Notes Indenture so long as the obligations under the Massey Convertible Notes Indenture are secured by such assets pursuant to the Security Documents equally and ratably with the Obligations);
provided that this clause (vi) will not apply to restrictions overridden by the UCC anti-assignment provisions or, to the extent this clause (vi) was applicable because the grant of a security interest would violate applicable law,
if there is a change of law that would result in a grant of a security interest no longer violating applicable law; provided, further, that upon the removal of all restrictions specified in this clause (vi) or upon such change in
law, as may be applicable, the exclusion set forth in this clause (vi) shall no longer apply; and 

(vii)     any assets owned directly or indirectly by a Foreign Subsidiary. 

“Excluded Taxes” shall mean, with respect to any Agent, any Lender, any Issuing Bank or any other recipient of any payment
to be made by or on account of any obligation of any Loan Party under any Loan Document, (a) income or franchise taxes imposed on (or measured by) its net income by a jurisdiction as a result of such recipient being organized in, having its
principal office in, or in the case of any Lender, its applicable lending office in, or doing business in such jurisdiction (other than a business arising or deemed to arise by reason of executing, delivering, being a party to, engaging in any
transactions pursuant to, performing its obligations under, receiving payments, receiving or perfecting a security interest under, and/or enforcing any Loan Documents), including, for the avoidance of doubt, any U.S. federal backup withholding
tax under Section 3406 of the Code, (b) any branch profits tax under Section 884(a) of the Code, or any similar tax, that is imposed by any jurisdiction described in clause (a) above, (c) in the case of a Lender or Issuing
Bank (except in the case of an assignee pursuant to a request by the Borrower under Section 2.19(b)), any U.S. federal withholding tax that is imposed pursuant to law in effect at the time such Lender or Issuing Bank becomes a party to this
Agreement (or designates a new lending office), except to the extent that such Lender or Issuing Bank (or its assignor, if any) was entitled, immediately prior to the designation of a new lending office (or

  
 19 

 
assignment), to receive additional amounts from a Loan Party with respect to such withholding tax pursuant to Section 2.17(a) or Section 2.17(c), (d) any withholding tax that is
attributable to such recipient’s failure to comply with Section 2.17(e) and (e) any tax, assessment or other governmental charge imposed under FATCA. 

“Executive Order” shall have the meaning assigned to such term in Section 3.21(a). 

“Existing Collateral” shall mean Existing Personal Property Collateral and Existing Real Property Collateral. 

“Existing Letters of Credit” shall have the meaning assigned to such term in the recitals hereof. 

“Existing Loan Documents” shall have the meaning assigned to it in the recitals hereof. 

“Existing Mortgages” shall mean each of the mortgages, deeds of trust, assignments of leases and rents and other security
documents delivered prior to the date hereof (including as amended by any Mortgage Amendment with respect thereto, if any), as each may be amended, supplemented or otherwise modified from time to time, with respect to the Existing Real Property
Collateral. 
 “Existing Obligations” shall have the meaning assigned to it in the recitals hereof. 

“Existing Personal Property Collateral” shall mean property other than Real Property that, as of the Third Amendment
Effective Date, is collateral securing Indebtedness under the Third Amended and Restated Credit Agreement. 
 “Existing Real
Property Collateral” shall mean all Real Property that, as of the Fifth Amendment Effective Date, is collateral secured by the Existing Security Documents, as listed on Schedule 3.07(a)(i) hereto. 

“Existing Revolver Tranche” has the meaning provided in Section 2.25(b). 

“Existing Revolving Facility Commitments” shall mean the “Revolving Facility Commitments” under the Fourth Amended
and Restated Credit Agreement immediately prior to the effectiveness of this Agreement. 
 “Existing Revolving Facility
Lender” shall mean Lenders holding Existing Revolving Facility Commitments immediately prior to the effectiveness of this Agreement. 

“Existing Revolving Facility Loans” shall mean “Revolving Facility Loans” under the Fourth Amended and Restated
Credit Agreement outstanding immediately prior to the effectiveness of this Agreement. 

  
 20 

 “Existing Security Documents” shall mean the Security Documents in effect, as
of immediately prior to the Fifth Amendment Effective Date, with respect to the Fourth Amended and Restated Credit Agreement. 

“Existing Term Loan Tranche” has the meaning provided in Section 2.25(a). 

“Extended Maturity Revolving Facility” shall mean, at any time, the aggregate amount of the Extended Maturity Revolving
Facility Lenders’ Extended Maturity Revolving Facility Commitments at such time. 
 “Extended Maturity Revolving Facility
Borrowing” shall mean a Borrowing comprised of Extended Maturity Revolving Facility Loans. 
 “Extended Maturity Revolving
Facility Commitment” means, with respect to each Extended Maturity Revolving Facility Lender, the commitment of such Extended Maturity Revolving Facility Lender to make Extended Maturity Revolving Facility Loans pursuant to
Section 2.01, expressed as an amount representing the maximum aggregate permitted amount of such Extended Maturity Revolving Facility Lender’s Extended Maturity Revolving Facility Exposure hereunder, as such commitment may be
(a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments of such commitments by or to such Lender under Section 9.04. The initial amount of each Extended
Maturity Revolving Facility Lender’s Revolving Facility Commitment as of the Fifth Amendment Effective Date is set forth on Schedule 1.01(b) to this Agreement under the heading “Extended Maturity Revolving Facility Commitment
as of the Fifth Amendment Effective Date” opposite such Extended Maturity Revolving Facility Lender’s name, or in the Assignment and Acceptance pursuant to which such Revolving Facility Lender shall have assumed its Extended Maturity
Revolving Facility Commitment, as applicable. The aggregate amount of the Extended Maturity Revolving Facility Commitments on the Fifth Amendment Effective Date is $618,147,321.40 million. 

“Extended Maturity Revolving Facility Exposure” shall mean, at any time, the sum of (a) the aggregate principal amount
of the Extended Maturity Revolving Facility Loans outstanding at such time, (b) the Extended Maturity Revolving Facility’s pro rata portion of the Swingline Exposure at such time and (c) the Extended Maturity Revolving Facility’s
pro rata portion of the Revolving L/C Exposure at such time. The Extended Maturity Revolving Facility Exposure of any Extended Maturity Revolving Facility Lender at any time shall be the sum of (a) the aggregate principal amount of such
Extended Maturity Revolving Facility Lender’s Extended Maturity Revolving Facility Loans outstanding at such time, (b) such Extended Maturity Revolving Facility Lender’s Extended Maturity Revolving Facility Percentage of the Swingline
Exposure and (c) such Extended Maturity Revolving Facility Lender’s Revolving L/C Exposure at such time. 
 “Extended
Maturity Revolving Facility Lender” shall mean, at any time, any Lender that has an Extended Maturity Revolving Facility Commitment at such time. 

“Extended Maturity Revolving Facility Loan” has the meaning specified in Section 2.01(b). 

  
 21 

 “Extended Maturity Revolving Facility Percentage” shall mean, with respect to
any Extended Maturity Revolving Facility Lender, the percentage of the total Extended Maturity Revolving Facility Commitments represented by such Lender’s Extended Maturity Revolving Facility Commitment. If the Extended Maturity Revolving
Facility Commitments have terminated or expired, the Extended Maturity Revolving Facility Percentages shall be determined based upon the Extended Maturity Revolving Facility Commitments most recently in effect, giving effect to any assignments
pursuant to Section 9.04. 
 “Extended Revolving Facility Commitments” has the meaning provided in
Section 2.25(b). 
 “Extended Term Commitments” shall mean one or more commitments hereunder to convert Term Loans
under an Existing Term Loan Tranche to Extended Term Loans of a given Extension Series pursuant to an Extension Amendment. 

“Extended Term Loans” has the meaning provided in Section 2.25(a). 

“Extending Revolving Facility Lender” has the meaning provided in Section 2.25(c). 

“Extending Term Lender” has the meaning provided in Section 2.25(c). 

“Extension” shall mean any establishment of Extended Term Commitments and Extended Term Loans or Extended Revolving Facility
Commitments pursuant to Section 2.25 and the applicable Extension Amendment. 
 “Extension Amendment” has the meaning
provided in Section 2.25(d). 
 “Extension Election” has the meaning provided in Section 2.25(c). 

“Extension Request” shall mean any Term Loan Extension Request or a Revolver Extension Request, as the case may be. 

“Extension Series” shall mean any Term Loan Extension Series or a Revolver Extension Series, as the case may be. 

“Facility” shall mean the respective facility and commitments utilized in making Loans and credit extensions hereunder, it
being understood that as of the date of this Agreement there are three Facilities, i.e., the Term B Loan Facility, the Original Maturity Revolving Facility and the Extended Maturity Revolving Facility. 

“Fair Market Value” shall mean the value that would be paid by a willing buyer to an unaffiliated willing seller in a
transaction not involving distress or necessity of either party, determined in good faith by (i) the principal financial officer of the Borrower for transactions less than $100 million and (ii) the Board of Directors of the Borrower
(unless otherwise provided in this Agreement) for transactions valued at, or in excess of, $100 million. 

  
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 “FATCA” shall mean Sections 1471 through 1474 of the Code, as of the date of
this Agreement (or any amended or successor version to the extent that it is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof and any agreements entered
into pursuant to current Section 1471(b)(1) of the Code (or any amended or successor version described above). 

“FCPA” means Foreign Corrupt Practices Act of 1977, as amended, and the rules and regulations thereunder. 

“Federal Funds Effective Rate” shall mean, for any day, the weighted average (rounded upward, if necessary, to the next
1/100 of 1%) of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers, as published on the next succeeding Business Day by the Federal Reserve Bank of New York, or, if such
rate is not so published for any day which is a Business Day, the average (rounded upward, if necessary, to the next 1/100 of 1%) of the quotations for the day of such transactions received by the Administrative Agent from three Federal funds
brokers of recognized standing selected by it. 
 “Fee Letter” shall mean that certain Fee Letter dated as of the Fourth
Amendment Effective Date by and among the Borrower and Citicorp North America, Inc., as amended from time to time. 

“Fees” shall mean the Commitment Fees, the L/C Participation Fees, the Issuing Bank Fees and the Administrative Agent Fees.

 “Fifth Amendment and Restatement Transactions” shall mean the execution and delivery of this Agreement and the
transactions contemplated thereby and the payment of fees and expenses related thereto. 
 “Fifth Amendment Effective
Date” shall mean the date that the conditions precedent set forth in Section 4 of the Amendment Agreement have been satisfied. 

“Fifth Amendment Material Real Property” shall mean (i) any real property owned in fee by any Loan Party as of the
Fifth Amendment Effective Date that (x) is not a Mortgaged Property as of such date, and (y) has a net book value as of March 31, 2013 in excess of $10 million (including, without limitation, Massey Principal Property) and
(ii) any real property in which a Loan Party has a leasehold interest as of the Fifth Amendment Effective Date that (x) is not a Mortgaged Property as of such date, and (y) has annual minimum royalties, rents or any similar payment
obligations in excess of $1 million in the most recently ended fiscal year (including, without limitation, Massey Principal Property); provided that, Fifth Amendment Material Real Property shall not include Excluded Assets. 

“Financial Covenant Event of Default” has the meaning given to such term in Section 7.01. 

“Financial Officer” of any person shall mean the Chief Financial Officer, principal accounting officer, Treasurer, Assistant
Treasurer or Controller of such person. 

  
 23 

 “First Amended and Restated Credit Agreement” shall mean the Original Credit
Agreement as amended and restated, and in effect, on July 7, 2006 (including all schedules, annexes and exhibits thereto). 

“First Lien Intercreditor Agreement” means an intercreditor agreement, substantially in the form of Exhibit D to this
Agreement, between the Collateral Agent and one or more collateral agents or representatives for the holders of Permitted Notes issued pursuant to Section 6.02(f) that are intended to be secured on a pari passu basis with the Obligations. 

 “Flood Insurance Laws” shall mean, collectively, (i) the National Flood Insurance Reform Act of 1994 (which
comprehensively revised the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973) as now or hereafter in effect or any successor statute thereto, (ii) the Flood Insurance Reform Act of 2004 as now or hereafter in
effect or any successor statute thereto and (iii) the Biggert-Waters Flood Insurance Reform Act of 2012 as now or hereafter in effect or any successor statute thereto. 

“Foreign Lender” shall mean any Lender or Issuing Bank that is not a United States person within the meaning of
Section 7701(a)(30) of the Code. 
 “Foreign Subsidiary” shall mean any Subsidiary that is incorporated or organized
under the laws of any jurisdiction other than the United States of America, any State thereof or the District of Columbia. 

“Fourth Amended and Restated Credit Agreement” shall have the meaning assigned to it in the recitals hereof. 

“Fourth Amendment and Restatement Transactions” shall mean the execution and delivery of the Fourth Amended and Restated
Credit Agreement and the transactions contemplated thereby and the payment of fees and expenses related thereto. 
  “Fourth
Amendment Effective Date” shall mean May 22, 2013. 
  “Freeport Assets” shall mean all Equity
Interests in, and assets of, Freeport Mining, LLC, a Delaware limited liability company, Freeport Resources, LLC, a Delaware limited liability company, and River Processing Corporation, a Delaware corporation. 

“GAAP” shall mean generally accepted accounting principles in effect from time to time in the United States, applied on a
consistent basis, subject to the provisions of Section 1.02. 
 “Gas” shall mean Conventional O & G and Coal Gas.

 “Gas Co.” shall mean any Person that is created for the purpose of holding or that otherwise holds, directly or
indirectly, Hydrocarbon Property, so long as such Person’s only assets, held directly or indirectly, consist of Hydrocarbon Property; provided that Alpha Shale Holdings, LLC and Alpha Shale Resources, LP shall each be deemed to be a Gas
Co. 

  
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 “Gas Properties” shall mean (a) any Hydrocarbon Property, and (b) any
capital stock, partnership interests, membership interests, or other ownership interests of any Gas Co. 
 “Gas Rights”
shall have the meaning assigned to such term in the definition of “Hydrocarbon Property.” 
 “Governmental
Authority” shall mean the government of the United States of America, or any other nation, or of any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or
other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government (including any supra-national bodies such as the European Union or the European Central Bank). 

“Gross Proceeds Asset Disposition Excess” has the meaning assigned to such term in Section 2.11(c). 

“Gross Senior Secured Leverage Ratio” shall mean, on any date, the ratio of (a) Consolidated Gross Senior Secured Debt
as of such date to (b) EBITDA for the period of four consecutive fiscal quarters of the Borrower most recently ended as of such date; provided that, to the extent any Asset Disposition or any Asset Acquisition (or any similar transaction
or transactions that require a waiver or a consent of the Required Lenders pursuant to Section 6.04 or 6.05) or incurrence or repayment of Indebtedness (excluding normal fluctuations in revolving Indebtedness incurred for working capital
purposes) has occurred during the relevant Test Period, EBITDA shall be determined for the respective Test Period on a Pro Forma Basis for such occurrences. 

“Guarantee” of or by any person (the “guarantor”) shall mean (a) any obligation, contingent or
otherwise, of the guarantor guaranteeing or having the economic effect of guaranteeing any Indebtedness of any other person (the “primary obligor”) in any manner, whether directly or indirectly, and including any obligation of the
guarantor, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness (whether arising by virtue of partnership arrangements, by agreement to keep well, to purchase assets, goods,
securities or services, to take-or-pay or otherwise) or to purchase (or to advance or supply funds for the purchase of) any security for the payment of such Indebtedness, (ii) to purchase or lease property, securities or services for the
purpose of assuring the owner of such Indebtedness of the payment thereof, (iii) to maintain working capital, equity capital or any other financial statement condition or liquidity of the primary obligor so as to enable the primary obligor to
pay such Indebtedness, (iv) entered into for the purpose of assuring in any other manner the holders of such Indebtedness of the payment thereof or to protect such holders against loss in respect thereof (in whole or in part) or (v) as an
account party in respect of any letter of credit or letter of guaranty issued to support such Indebtedness, or (b) any Lien on any assets of the guarantor securing any Indebtedness (or any existing right, contingent or otherwise, of the holder
of Indebtedness to be secured by such a Lien) of any other person, whether or not such Indebtedness is assumed by the guarantor; provided, however, that the term “Guarantee” shall not include endorsements for collection or
deposit, in either case in the ordinary course of business, or customary and reasonable indemnity obligations or entered into in connection with any acquisition or disposition of assets permitted under this Agreement. 

  
 25 

 “Guarantee and Collateral Agreement” shall mean the Amended and Restated
Guarantee and Collateral Agreement, substantially in the form of Exhibit E to this Agreement, executed by the Loan Parties, together with each supplement executed and delivered pursuant to Section 5.10, pursuant to which the Loan Parties
(1) guarantee the Obligations and (2) grant to the Collateral Agent to secure the Obligations (x) a first-priority security interest in all Equity Interests owned by any Loan Party (other than any Equity Interests pledged to secure
Indebtedness pursuant to Section 6.02(j)); provided that, in no event, shall more than 65% of the issued and outstanding voting equity interests of any Foreign Subsidiary be pledged and (y) a security interest in substantially all
tangible and intangible personal property owned by any Loan Party, including accounts (other than Receivables Assets related to a Permitted Receivables Financing), inventory, equipment, investment property, contract rights, Intellectual Property,
other intangibles and proceeds of the foregoing; provided that, in no event, shall any security interests be granted in any Excluded Assets. 

“Hazardous Materials” shall mean all pollutants, contaminants, wastes, chemicals, materials, substances and constituents,
including, without limitation, explosive or radioactive substances or petroleum or petroleum distillates, asbestos or asbestos containing materials, polychlorinated biphenyls or radon gas, of any nature, in each case subject to regulation or which
can give rise to liability under any Environmental Law. 
 “Hydrocarbon Property” shall mean all of the following: 

(a)        all right, title, interest and estate of any Loan Party, whether now owned or hereafter
acquired (“Gas Rights”) in and to: 
 (i)        any
“drilling unit”, as that term is commonly used in the Gas business, including but not limited to those that are established or prescribed by field rules or other regulatory orders, 

(ii)       any well or any vent or bore hole drilled and permitted for the commercial
production of Gas and/or degasification of a coalbed, coal formation, coal seam or mine area and any site on which it is located, 

(iii)      equipment that is used or useful solely in connection with the Capture or monitoring
of Gas produced from any well or any vent or bore hole described in clause (a)(ii) above, including, without limitation, any wellhead equipment, compressor, treating facility, storage facility, processing plant and gathering or transportation line,
and in no event including any equipment which if sold would disrupt or negatively affect the Coal operations of the Loan Parties in any material respect, 

(iv)       all assets associated solely with any item described in clauses (a)(i),
(ii) and (iii) above, including, without limitation, Gas reserves, surface rights of way and all geological, geophysical, engineering, accounting, title, legal and other technical or business data concerning Gas, 

(v)        any Gas and any right to Capture Gas, 

  
 26 

 (vi)       any lease, agreement, instrument,
order, declaration, understanding or other arrangement, as the same may be amended, modified, supplemented, replaced, or amended and restated, relating to (A) the Capture of Gas, or (B) the pooling, utilization or communization of Gas, and

 (vii)      other assets solely used in the ordinary course of business in connection with
the operation, administration or management of Gas operations; 
 (b)        all
tenements, hereditaments, appurtenances and properties now owned or hereafter acquired by any Loan Party to which the Gas Rights described above in paragraph (a) of this definition are, in any way, appertaining, belonging, fixed or incidental,
including, without limitation, any and all property, real or personal, now owned or hereafter acquired and situated upon, used, held for use, or useful solely in connection with the operating, working or development of any of such Gas Rights or the
lands pooled or unitized therewith including any and all surface leases, rights-of-way, easements, servitudes, licenses and other surface and subsurface rights together with all additions, substitutions, replacements, accessions and attachments to
any and all of the foregoing properties; 
 (c)        all of the rights, titles,
and interests of every nature whatsoever now owned or hereafter acquired by any Loan Party in and to (i) the items described above in paragraphs (a) and (b) above of this definition, as the same may be enlarged by the discharge of any
payment out of production or by the removal of any charge or Permitted Real Estate Encumbrance to which any such item described above in paragraphs (a) and (b) above of this definition is subject, and (ii) any and all additional
interests of any kind hereafter acquired by and Loan Party in and to Gas Rights; and 

(d)        all accounts, contract rights, inventory, general intangibles, insurance
contracts and insurance proceeds constituting a part of, relating to, or arising out of those items that are described in paragraphs (a) through (c) above of this definition and all proceeds and products and payments in lieu of production
(such as “take or pay” payments), whether such proceeds or payments are goods, money, documents, instruments, chattel paper, securities, accounts, general intangibles, fixtures, real property or other assets. 

“Improvements” shall have the meaning assigned to such term in the Mortgages and Additional Mortgages, as applicable. 

 “Increased Amount Date” shall have the meaning assigned to such term in Section 2.20(a). 

“Indebtedness” of any person shall mean, without duplication, (a) all obligations of such person for borrowed money,
(b) all obligations of such person evidenced by debentures, promissory notes or similar instruments evidencing obligations for borrowed money, (c) all obligations of such person issued or assumed as the deferred purchase price of property
or services (other than current trade liabilities, but not any refinancings, extensions, renewals or replacements thereof, incurred in the ordinary course of business and maturing within 365 days

  
 27 

 
after the incurrence thereof), (d) all Indebtedness of others secured by any Lien on property owned or acquired by such person, whether or not the obligations secured thereby have been
assumed or are limited in recourse, but limited to the fair market value of such property, (e) all Guarantees by such person of Indebtedness of others, (f) all Capital Lease Obligations of such person, (g) all payments that such
person would have to make in the event of an early termination, on the date Indebtedness of such person is being determined, in respect of outstanding Swap Agreements, and (h) the principal component of all obligations, contingent or otherwise,
of such person as an account party in respect of standby letters of credit, but not trade letters of credit, but only to the extent such standby letters of credit have been drawn upon and not reimbursed thereafter within thirty (30) days. The
Indebtedness of any person shall include the Indebtedness of any partnership in which such person is a general partner, other than to the extent that the instrument or agreement evidencing such Indebtedness expressly limits the liability of such
person in respect thereof. The amount of any such Indebtedness shall be the principal amount thereof and the effects of FASB ASC 825 and FASB ASC 470-20 on financial liabilities shall be disregarded. To the extent not otherwise included,
Indebtedness shall include the amount of any Permitted Receivables Financing. Indebtedness shall not include (x) with respect to any equity-linked security, the equity credit reflected on the most recent balance sheet of the Borrower delivered
pursuant to Section 5.04(a) or (b), (y) obligations not incurred in connection with borrowed money, except to the extent expressly provided above, and without limitation shall not include (i) bid bonds, performance bonds, completion
bonds, surety bonds, appeal bonds and other similar bonds, guarantees or obligations, (ii) purchase price adjustments, earn outs or similar obligations incurred in connection with the disposition of any assets, (iii) reimbursement
obligations, (iv) indemnification obligations, (v) letters of credit, bank guarantees or similar instruments to secure any of the foregoing, to the extent such letters of credit, bank guarantees or similar instruments have not been drawn
upon or, if drawn upon, have not been reimbursed thereafter within thirty (30) days or (vi) obligations resulting from cash management services and (z) any liabilities of the Borrower or any Restricted Subsidiary to the Borrower or
any Restricted Subsidiary. 
 “Indemnified Taxes” shall mean all Taxes other than Excluded Taxes and Other Taxes. 

“Indemnitee” shall have the meaning assigned to such term in Section 9.05(b). 

“Information” shall have the meaning assigned to such term in Section 3.13(a). 

“Intellectual Property” shall have the meaning assigned to such term in the Guarantee and Collateral Agreement. 

“Interest Coverage Ratio” shall mean, as of the last day of any fiscal quarter of the Borrower, the ratio of (a) EBITDA
for the four quarter period ended as of such day to (b) Cash Interest Expense for the four quarter period ended as of such day; provided that, to the extent any transaction described in clauses (i) and (ii) of the definition of
Pro Forma Basis has occurred during such period of four consecutive fiscal quarters, EBITDA and Cash Interest Expense for such period shall be determined on a Pro Forma Basis. 

  
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 “Interest Election Request” shall mean a request by the Borrower to convert or
continue a Term B Loan Borrowing or Revolving Facility Borrowing in accordance with Section 2.07. 
 “Interest
Expense” shall mean, with respect to any person for any period, the sum of (a) gross interest expense of such person for such period on a consolidated basis, including (i) the amortization of debt discounts, (ii) the
amortization of all fees (including fees with respect to Swap Agreements) payable in connection with the incurrence of Indebtedness to the extent included in interest expense, (iii) the portion of any payments or accruals with respect to
Capital Lease Obligations allocable to interest expense and (iv) commissions, discounts, yield and other fees and charges incurred in connection with any Permitted Receivables Financing which are payable to any person other than a Loan Party,
and (b) capitalized interest of such person. For purposes of the foregoing, gross interest expense shall be determined after giving effect to any net payments made or received and costs incurred by the Borrower and the Restricted Subsidiaries
with respect to Swap Agreements. 
 “Interest Payment Date” shall mean (a) with respect to any Eurocurrency Loan, the
last day of the Interest Period applicable to the Borrowing of which such Loan is a part and, in the case of a Eurocurrency Borrowing with an Interest Period of more than three months’ duration, each day that would have been an Interest Payment
Date had successive Interest Periods of three months’ duration been applicable to such Borrowing and, in addition, the date of any refinancing or conversion of such Borrowing with or to a Borrowing of a different Type, (b) with respect to
any ABR Loan, the last day of each calendar quarter and (c) with respect to any Swingline Loan, the day that such Swingline Loan is required to be repaid pursuant to Section 2.09(a). 

“Interest Period” shall mean, as to any Eurocurrency Borrowing, the period commencing on the date of such Borrowing or on
the last day of the immediately preceding Interest Period applicable to such Borrowing, as applicable, and ending on the numerically corresponding day (or, if there is no numerically corresponding day, on the last day) in the calendar month that is
1, 2, 3 or 6 months thereafter (or 12 months, if at the time of the relevant Borrowing, all Lenders make interest periods of such length available), as the Borrower may elect, or the date any Eurocurrency Borrowing is converted to an ABR Borrowing
in accordance with Section 2.07 or repaid or prepaid in accordance with Section 2.09, 2.10 or 2.11; provided, however, that, if any Interest Period would end on a day other than a Business Day, such Interest Period shall be
extended to the next succeeding Business Day unless such next succeeding Business Day would fall in the next calendar month, in which case such Interest Period shall end on the next preceding Business Day. Interest shall accrue from and including
the first day of an Interest Period to but excluding the last day of such Interest Period. 
 “Intracompany Disposal”
shall mean the sale, transfer or other disposition by a Loan Party at any time after the Third Amendment Effective Date of Third Amendment Effective Date Assets to any Subsidiary that is not a Loan Party. 

“Issuing Bank” shall mean, as the context may require: (a) Citicorp North America, Inc., (b) Bank of America,
N.A., (c) PNC Bank, National Association, (d) Wells Fargo Bank N.A., (e) each other Issuing Bank designated pursuant to Section 2.05(k), in each case in 

  
 29 

 
its capacity as an issuer of Letters of Credit hereunder, and its successors in such capacity as provided in Section 2.05(i), or (f) collectively, all of the foregoing. An Issuing Bank
may, in its discretion, arrange for one or more Letters of Credit to be issued by Affiliates of such Issuing Bank, in which case the term “Issuing Bank” shall include any such Affiliate with respect to Letters of Credit issued by such
Affiliate. 
 “Issuing Bank Fees” shall have the meaning assigned to such term in Section 2.12(b). 

“Investment” shall have the meaning assigned to such term in Section 6.01. 

“Latest Maturity Date” means, at any date of determination, the latest maturity date applicable to any Loan or Commitment
hereunder at such time, including the latest maturity date of any Other Term Loan, any Other Revolving Facility Commitment, any Extended Term Loan, any Extended Revolving Facility Commitment or Additional Revolving Facility Commitment, in each case
as extended in accordance with this Agreement from time to time. 
 “L/C Disbursement” shall mean a payment or
disbursement made by an Issuing Bank pursuant to a Letter of Credit, including, for the avoidance of doubt, a payment or disbursement made by an Issuing Bank pursuant to a Letter of Credit upon or following the reinstatement of such Letter of
Credit. 
 “L/C Participation Fee” shall have the meaning assigned such term in Section 2.12(b). 

“Lead Arranger” shall have the meaning assigned to such term in the introductory paragraph of this Agreement. 

“Lender” shall mean each financial institution listed on Schedule 1.01(a) to the Fourth Amended and Restated
Credit Agreement as providing Term B Loan Commitments, the financial institutions listed on Schedule 1.01(b) to this Agreement, as well as any person that becomes a “Lender” hereunder pursuant to Section 9.04, Section 2.20,
Section 2.25 or Section 2.26. 
 “Lender Default” shall mean (i) the refusal for three or more Business
Days (which has not been retracted) of a Lender to (a) make available its portion of any Borrowing, (b) to acquire participations in a Swingline Loan pursuant to Section 2.04 or (c) to fund its portion of any unreimbursed payment
under Section 2.05(e) (each a “funding obligation”), (ii) a Lender having notified in writing the Borrower and/or the Administrative Agent or stated publicly that it does not intend to comply with its obligations under
Section 2.04, 2.05 or 2.06, (iii) such Lender has, for ten or more Business Days, failed to confirm in writing to the Administrative Agent, in response to a written request of the Administrative Agent, that it will comply with its funding
obligations hereunder (subject, in the case of clauses (i) through (iii) preceding, to such Lender’s rights in the case of a bona-fide dispute) or (iv) a Lender Insolvency Event has occurred and is continuing with respect to such
Lender. Any determination that a Lender Default is in effect under clauses (i) through (iv) above will be made by the Administrative Agent in its reasonable 

  
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discretion acting in good faith. The Administrative Agent will promptly send to all parties hereto a copy of any notice to the Borrower provided for in this definition. 

“Lender Insolvency Event” means that (i) a Lender or its Parent Company has been adjudicated as, or determined by any
Governmental Authority having regulatory authority over such person, as insolvent, or is generally unable to pay its debts as they become due, or admits in writing its inability to pay its debts as they become due, or makes a general assignment for
the benefit of its creditors, or (ii) such Lender or its Parent Company is the subject of a bankruptcy, insolvency, reorganization, liquidation or similar proceeding, or a receiver, trustee, conservator, intervenor or sequestrator or the like
has been appointed for such Lender or its Parent Company; provided that a Lender Insolvency Event shall not have occurred solely as the result of the acquisition or maintenance of an ownership interest in such Lender or Person controlling
such Lender or the exercise of control over a Lender or Person controlling such Lender by a Governmental Authority or an instrumentality thereof, so long as such ownership interest does not result in or provide such Lender with immunity from the
jurisdiction of courts within the United States of America or from the enforcement of judgments or writs of attachment on its assets or permit such Lender (or such Governmental Authority) to reject, repudiate, disavow or disaffirm any agreements
made by such Lender. 
 “Letter of Credit” shall mean any letter of credit issued pursuant to Section 2.05. 

“Leverage Ratio” shall mean, as of the last day of any fiscal quarter of the Borrower, the ratio of (a) Consolidated
Net Debt as of such date to (b) EBITDA for the period of four consecutive fiscal quarters of the Borrower ended as of such date; provided that, to the extent any transaction described in clauses (i) and (ii) of the definition
of Pro Forma Basis has occurred during such period of four consecutive fiscal quarters, EBITDA for such period shall be determined on a Pro Forma Basis. 

“LIBO Rate” shall mean, with respect to any Eurocurrency Borrowing for any Interest Period, the rate per annum determined by
the Administrative Agent at approximately 11:00 a.m., London time, on the Quotation Day for such Interest Period by reference to the British Bankers’ Association Interest Settlement Rates or any successor rates thereto if the British
Bankers Association is no longer making such rates available for deposits in the currency of such Borrowing (as reflected on the applicable Reuters screen page), for a period equal to such Interest Period; provided that, to the extent that an
interest rate is not ascertainable pursuant to the foregoing provisions of this definition, the “LIBO Rate” shall be the average (rounded upward, if necessary, to the next 1/100 of 1%) of the respective interest rates per annum at which
deposits in the currency of such Borrowing are offered for such Interest Period to major banks in the London interbank market by Citicorp North America, Inc. at approximately 11:00 a.m., London time, on the Quotation Day for such Interest
Period. 
 “Lien” shall mean, with respect to any asset, (a) any mortgage, deed of trust, lien, hypothecation,
pledge, encumbrance, charge or security interest in or on such asset, (b) the interest of a vendor or a lessor under any conditional sale agreement, capital lease or title retention agreement (or any financing lease having substantially the
same economic effect as any of the foregoing) relating to such asset and (c) in the case of securities (other than securities 

  
 31 

 
representing an interest in a joint venture that is not a Subsidiary), any purchase option, call or similar right of a third party with respect to such securities. 

“Loan Documents” shall mean this Agreement, the Letters of Credit, the Security Documents, the Fee Letter, the Amendment
Agreement, the Reaffirmation Agreement and any promissory note issued under Section 2.09(e). 
 “Loan Parties” shall
mean the Borrower and each Subsidiary Guarantor. 
 “Loans” shall mean the Term B Loans, the Revolving Facility Loans and
the Swingline Loans (and shall include any Replacement Term Loans and any Loans under the Additional Revolving Facility Commitments or Additional Term Loan Commitments). 

“Local Time” shall mean New York City time. 

“Majority Lenders” of any Facility shall mean, at any time, Lenders under such Facility having Loans and unused Commitments
representing more than 50% of the sum of all Loans outstanding under such Facility and unused Commitments under such Facility at such time. 

“Margin Stock” shall have the meaning assigned to such term in Regulation U. 

“Massey” shall mean Massey Energy Company, a Delaware corporation. 

“Massey 2.25% Convertible Notes” shall mean the 2.25% Convertible Senior Notes due 2024 issued by Massey. 

“Massey 3.25% Convertible Notes” shall mean the 3.25% Convertible Senior Notes due 2015 issued by Massey. 

“Massey Convertible Notes Indenture” shall mean the indenture governing the Massey 2.25% Convertible Notes and the Massey
3.25% Convertible Notes. 
  “Massey Mortgaged Property” shall mean all Material Real Property owned by Massey and
its Restricted Subsidiaries, including, without limitation all Massey Principal Property. 
  “Massey Principal
Property” shall have the meaning ascribed to such terms in the indentures pursuant to which the Massey 2.25% Convertible Notes and the Massey 3.25% Convertible Notes were issued as in effect on the Third Amendment Effective Date. 

“Material Adverse Effect” shall mean the existence of events, conditions and/or contingencies that have had or are
reasonably likely to have (a) a materially adverse effect on the business, operations, properties, assets or financial condition of the Borrower and the Subsidiaries, taken as a whole, or (b) a material impairment of the validity or
enforceability of, or a material impairment of the material rights, remedies or benefits available to the Lenders, any Issuing Bank, the Administrative Agent or the Collateral Agent under, any Loan Document. 

  
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 “Material Indebtedness” shall mean Indebtedness (other than Loans and Letters
of Credit) of any one or more of the Borrower or any Restricted Subsidiary in an aggregate principal amount exceeding $25 million. 

“Material Real Property” shall mean (i) any real property owned in fee by any Loan Party on which an active preparation
plant or an active mine is located that, with respect to Massey Mortgaged Property, has a Fair Market Value at the time of acquisition in excess of $10 million and, with respect to any other Real Property acquired after the Third Amendment Effective
Date, has a Fair Market Value at the time of acquisition in excess $75 million and (ii) any real property in which a Loan Party has a leasehold interest with annual minimum royalties, rents or any similar payment obligations, with respect to
the Massey Mortgaged Property, in excess of $1 million in the most recently ended fiscal year and, with respect to any other Real Property acquired after the Third Amendment Effective Date, in excess of $20 million in the most recently ended fiscal
year; provided that, Material Real Property shall not include Excluded Assets. 
 “Maximum Rate” shall have the
meaning assigned to such term in Section 9.09. 
 “Merger Agreement” shall mean that certain Agreement and Plan of
Merger dated as of January 28, 2011 (including all schedules, annexes and attachments thereto) providing for the merger of Mountain Merger Sub, Inc., a Wholly Owned Subsidiary of the Borrower, with and into Massey, which was the surviving
corporation of the merger and is a Wholly Owned Subsidiary of the Borrower. 
 “Merger Transaction” shall mean the merger
and related transactions contemplated by the Merger Agreement. 
 “Mine” means any excavation or opening into the earth
now and hereafter made from which Coal or other minerals are or can be extracted on or from any of the Real Properties in which any Loan Party holds an ownership, leasehold or other interest. 

“Mining Laws” means any and all applicable federal, state, local and foreign statutes, laws, regulations, guidance,
ordinances, rules, judgments, orders, decrees, permits, concessions, grants, franchises, licenses, agreements or other governmental restrictions or common law causes of action relating to mining operations and activities. Mining Laws shall include
but not be limited to, the Mineral Lands Leasing Act of 1920, the Federal Coal Leasing Amendments Act, the Surface Mining Control and Reclamation Act, all other land reclamation and use statutes and regulations relating to Coal mining, the Federal
Coal Mine Health and Safety Act, the Black Lung Act and the Coal Act, the Mine Safety and Health Act and the Occupational Safety and Health Act, each as amended, and their state and local counterparts or equivalents. 

“Mining Lease” shall mean a lease, license or other use agreement held on the Third Amendment Effective Date or thereafter
acquired which provides the Borrower or any Restricted Subsidiary the real property and water rights, other interests in land, including Coal, mining and surface rights, easements, rights of way and options, and rights to timber and natural gas
(including coalbed methane and gob gas) necessary to recover Coal from any Mine 

  
 33 

 
(i) currently operated by the Borrower or any Restricted Subsidiary or (ii) part of any of Borrower’s mine plans. Leases which provide the Borrower or any Restricted Subsidiary the
right to construct and operate a preparation plant and related facilities on the surface of the Real Property containing such reserves shall also be deemed a Mining Lease. 

“Mining Permits” means any and all permits, licenses, registrations, notifications, exemptions and any other authorization
required under any applicable Mining Law or otherwise necessary to recover Coal from any Mine being operated by the Borrower or any Restricted Subsidiary. 

“Minority Venture” shall mean any Person (other than a Subsidiary) in which the Borrower and its Restricted Subsidiaries
collectively hold an equity ownership interest and which is engaged in a Permitted Business, including, as of the Third Amendment Effective Date, Alpha Shale Holdings, LLC and Alpha Shale Resources, LP. 

“Moody’s” shall mean Moody’s Investors Service, Inc. 

“Mortgage Amendment” shall mean any amendment of a Mortgage. 

“Mortgaged Properties” shall mean all Real Property as and when subject to a Mortgage. 

“Mortgages” shall mean the Existing Mortgages and any Additional Mortgages, as may be amended, supplemented or otherwise
modified from time to time, with respect to Mortgaged Properties (including as amended by any Mortgage Amendment with respect thereto, if any). 

“Multiemployer Plan” shall mean a multiemployer plan as defined in Section 4001(a)(3) of ERISA with respect to the
Borrower, any Subsidiary or any ERISA Affiliate (a) is making or has an obligation to make contributions, (b) has within any of the preceding six plan years made or had an obligation to make contributions or (c) otherwise could incur
liability. 
 “Net Cash Proceeds” shall mean: 

(a)        100% of the cash proceeds of any Asset Disposition or Casualty and
Condemnation Award actually received by the Borrower (whether in a single or a series of related transactions), or any of its Restricted Subsidiaries from any Asset Disposition or Casualty and Condemnation Award including any cash payments received
by way of deferred payment of principal pursuant to a note or installment receivable or purchase price adjustment receivable or otherwise (other than those pursuant to Section 6.05(a), (b), (c), (d), (e), (f), (g), (h) or (j)), net of
(i) attorneys’ fees, accountants’ fees, investment banking fees, survey costs, title insurance premiums, and related search and recording charges, transfer taxes, deed or mortgage recording taxes, required debt payments and required
payments of other obligations relating to the applicable asset, other customary expenses and brokerage, consultant and other customary fees actually incurred in connection therewith and (ii) Taxes paid or payable as a result thereof, and 

  
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 (b)        100% of the cash proceeds from
the incurrence, issuance or sale by the Borrower or any Restricted Subsidiary of any Indebtedness not expressly permitted to be incurred or issued pursuant to Section 6.02 net of all taxes and fees (including investment banking fees),
commission, costs and other expenses, in each case incurred in connection with such issuance or sale. 
 For purposes of calculating the
amount of Net Cash Proceeds, fees, commissions and other costs and expenses payable to the Borrower or any Affiliate of any of them shall be disregarded. 

“Net Income” shall mean, with respect to any person, the net income (loss) attributable to such person, determined in
accordance with GAAP and before any reduction in respect of preferred stock dividends. 
 “New Subsidiary Guarantor” has
the meaning assigned to such term in Section 5.10(a). 
 “Non-Consenting Lender” has the meaning assigned to such
term in Section 2.19(c). 
 “Non-Defaulting Lender” means, at any time, a Lender that is not a Defaulting Lender.

 “Obligations” shall mean all amounts owing to any of the Agents or any Lender pursuant to the terms of this Agreement
or any other Loan Document (including interest accruing or monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding).

 “OFAC” shall have the meaning assigned to such term in Section 3.21(b)(v). 

“Open Market Purchase” shall have the meaning assigned to such term in Section 2.24. 

“Original Credit Agreement” shall have the meaning assigned to it in the recitals hereof. 

“Original Maturity Revolving Facility” means, at any time, the aggregate amount of the Original Maturity Revolving Facility
Lenders’ Original Maturity Revolving Facility Commitments at such time. 
 “Original Maturity Revolving Facility
Borrowing” shall mean a Borrowing comprised of Original Maturity Revolving Facility Loans. 
 “Original Maturity Revolving
Facility Commitment” means, with respect to each Original Maturity Revolving Facility Lender, the commitment of such Original Maturity Revolving Facility Lender to make Original Maturity Revolving Facility Loans pursuant to
Section 2.01, expressed as an amount representing the maximum aggregate permitted amount of 

  
 35 

 
such Original Maturity Revolving Facility Lender’s Original Maturity Revolving Facility Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to
Section 2.08 and (b) reduced or increased from time to time pursuant to assignments of such commitments by or to such Lender under Section 9.04. The initial amount of each Original Maturity Revolving Facility Lender’s Revolving
Facility Commitment is set forth on Schedule 1.01(b) to this Agreement under the heading “Original Maturity Revolving Facility Commitment” opposite such Original Maturity Revolving Facility Lender’s name, or in the
Assignment and Acceptance pursuant to which such Revolving Facility Lender shall have assumed its Original Maturity Revolving Facility Commitment, as applicable. The aggregate amount of the Original Maturity Revolving Facility Commitments on the
Fifth Amendment Effective Date is $275,803,571.45 million. 
 “Original Maturity Revolving Facility Exposure” shall mean,
at any time, the sum of (a) the aggregate principal amount of the Original Maturity Revolving Facility Loans outstanding at such time, (b) the Original Maturity Revolving Facility’s pro rata portion of the Swingline Exposure at such
time and (c) the Original Maturity Revolving Facility’s pro rata portion of the Revolving L/C Exposure at such time. The Original Maturity Revolving Facility Credit Exposure of any Original Maturity Revolving Facility Lender at any time
shall be the sum of (a) the aggregate principal amount of such Original Maturity Revolving Facility Lender’s Original Maturity Revolving Facility Loans outstanding at such time, (b) such Original Maturity Revolving Facility
Lender’s Original Maturity Revolving Facility Percentage of the Swingline Exposure and (c) such Original Maturity Revolving Facility Lender’s Revolving L/C Exposure at such time. 

 “Original Maturity Revolving Facility Lender” means, at any time, any Lender that has an Original Maturity Revolving
Facility Commitment at such time. 
 “Original Maturity Revolving Facility Loan” has the meaning specified in
Section 2.01(b). 
 “Original Maturity Revolving Facility Percentage” shall mean, with respect to any Original
Maturity Revolving Facility Lender, the percentage of the total Original Maturity Revolving Facility Commitments represented by such Lender’s Original Maturity Revolving Facility Commitment. If the Original Maturity Revolving Facility
Commitments have terminated or expired, the Original Maturity Revolving Facility Percentages shall be determined based upon the Original Maturity Revolving Facility Commitments most recently in effect, giving effect to any assignments pursuant to
Section 9.04. 
 “Other Revolving Facility Commitments” shall mean one or more Classes of revolving facility
commitments hereunder that result from a Refinancing Amendment. 
 “Other Revolving Facility Loans” shall mean one or more
Classes of Revolving Facility Loans that result from a Refinancing Amendment. 
 “Other Taxes” shall mean all present or
future stamp or documentary Taxes or any other excise or property Taxes arising from any payment made under any Loan Document or from the execution, delivery or enforcement of, or otherwise with respect to, the Loan

  
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Documents. For the avoidance of doubt, the term “Other Taxes” shall not include any Excluded Taxes. 

“Other Term Loan Commitments” shall mean one or more Classes of term loan commitments hereunder that result from a
Refinancing Amendment. 
 “Other Term Loans” shall mean one or more Classes of Term B Loans that result from a Refinancing
Amendment. 
 “Parent Company” means, with respect to a Lender, the bank holding company (as defined in Federal Reserve
Board Regulation Y), if any, of such Lender, and/or any Person owning, beneficially or of record, directly or indirectly, a majority of the shares of such Lender. 

“Participant” shall have the meaning assigned to such term in Section 9.04(c). 

“Participant Register” shall have the meaning assigned to such term in Section 9.04(c). 

“PBGC” shall mean the Pension Benefit Guaranty Corporation referred to and defined in ERISA. 

“Perfection Certificate” shall mean a certificate in the form of Exhibit II to the Guarantee and Collateral Agreement or any
other form approved by the Collateral Agent. 
 “Permit” shall mean any and all permits, approvals, registrations,
notifications, exemptions and any other regulatory authorization, in each case, from a Governmental Authority having jurisdiction. 

“Permitted Asset Swap” means the substantially concurrent purchase and sale, trade-in or exchange of equipment, Real
Property or other property of a nature or type that is used or useful in a Permitted Business or a combination of such equipment, Real Property or other property and cash or cash equivalents between the Borrower or any of its Restricted Subsidiaries
and another Person; provided that (x) any cash or cash equivalents received must be applied in accordance with Section 2.11, (y) the fair market value of the equipment, Real Property or other property received is at least as
great as the fair market value of the equipment, Real Property or other property being traded-in or exchanged as determined by the Borrower reasonably and in good faith and the Borrower shall have delivered to the Administrative Agent a certificate
of a Responsible Officer of the Borrower to such effect, together with all relevant financial information as to the determination of such fair market value and (z) any equipment, Real Property or other property received in exchange for
Collateral shall constitute Collateral under the Security Documents and shall become subject to the Lien of such Security Document upon receipt thereof. 

“Permitted Business” means any business or business activity conducted by the Borrower or its Subsidiaries on the Third
Amendment Effective Date and any business or business activities incidental or related thereto, or any business or activity that is reasonably similar thereto (including extraction, processing and marketing of any types of minerals) or a reasonable
extension, development or expansion thereof or ancillary or complementary thereto. 

  
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 “Permitted First Priority Refinancing Debt” shall mean any secured Indebtedness
(including any Registered Equivalent Notes) incurred by the Borrower in the form of one or more series of senior secured notes or loans; provided that (i) such Indebtedness is secured by the Collateral on a pari passu basis (but
without regard to the control of remedies) with the Obligations and is not secured by any property or assets of the Borrower or any Restricted Subsidiary other than the Collateral, (ii) such Indebtedness is not at any time guaranteed by any
Subsidiaries other than Subsidiaries that are Subsidiary Guarantors and (iii) the holders of such Indebtedness (or their representative) and the Administrative Agent shall be party to the First Lien Intercreditor Agreement. 

“Permitted Gas Properties Transactions” shall mean a disposition, lease, merger, or distribution of Gas Properties to any
party that is not a Loan Party. 
 “Permitted Investments” shall mean: 

(a)      United States dollars or any other currencies held from time to time in the ordinary
course of business; 
 (b)      securities issued by the United States government or any
agency or instrumentality of the United States government having maturities of not more than two years from the date of acquisition; 

(c)      certificates of deposit, time deposits, money market deposits and eurodollar time
deposits with maturities of two years or less from the date of acquisition, bankers’ acceptances with maturities of two years or less and overnight bank deposits, in each case with any lender party to the Fifth Amended and Restated Credit
Agreement or with any domestic commercial bank having capital and surplus in excess of $500 million; 

(d)      repurchase obligations for underlying securities of the types described in clauses (b),
(c) and (f) entered into with any financial institution meeting the qualifications specified in clause (c) above; 

(e)      commercial paper rated at least P-2 by Moody’s or at least A-2 by S&P and, in
each case, maturing within two years after the date of acquisition; 

(f)       securities issued or fully guaranteed by any state or commonwealth of the United
States, or by any political subdivision or taxing authority thereof, and rated at least Baa3 by Moody’s or BBB- by S&P and, in each case, maturing within two years after the date of acquisition; 

(g)      mutual funds whose investment guidelines restrict 90% of such funds’ investments
to those satisfying the provisions of clauses (a) through (f) above; 

(h)      money market funds that (i) comply with the criteria set forth in Rule 2a-7 under
the Investment Company Act of 1940, (ii) are rated AAA by S&P and Aaa by Moody’s and (iii) have portfolio assets of at least $500 million; 

  
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 (i)      time deposit accounts, certificates of
deposit and money market deposits in an aggregate face amount not in excess of  1⁄2 of 1% of the total assets of the Borrower and its Subsidiaries, on a
consolidated basis, as of the end of the Borrower’s most recently completed fiscal year; and 

(j)      Indebtedness or preferred stock issued by Persons rated at least A-2 by Moody’s or
A by S&P. 
 “Permitted Junior Debt Conditions” means that such applicable debt (i) is not scheduled to mature
prior to the date that is 91 days after the Latest Maturity Date, (ii) does not mature or have scheduled amortization payments of principal or payments of principal and is not subject to mandatory redemption, repurchase, prepayment or sinking
fund obligation (except customary asset sale or change of control provisions that provide for the prior repayment in full of the Loans and all other Obligations), in each case prior to the Latest Maturity Date at the time such Indebtedness is
incurred, (iii) is not at any time guaranteed by any Subsidiaries other than Subsidiaries that are Subsidiary Guarantors, (iv) has no financial maintenance covenants, other than in the case of any Indebtedness secured by a Lien on the
Collateral that is junior to the Liens securing the Obligations (in which event the financial maintenance covenants in the documentation governing such Indebtedness shall not be more restrictive than those set forth in this Agreement) and
(v) has covenants and default and remedy provisions that in the good faith determination of the Borrower are no more restrictive taken as a whole, than those set forth in this Agreement. 

“Permitted Junior Notes” means Permitted Notes that are: (i) unsecured senior or senior subordinated debt securities of
the Borrower (including as debt securities any Indebtedness incurred pursuant to a credit agreement) or (ii) debt securities of the Borrower (including as debt securities any Indebtedness incurred pursuant to a credit agreement) that are
secured by a Lien on the Collateral ranking junior to the Liens securing the Obligations pursuant to a Second Lien Intercreditor Agreement. 

“Permitted Notes” means (i) unsecured senior or senior subordinated debt securities of the Borrower (including as debt
securities any Indebtedness incurred pursuant to a credit agreement), (ii) debt securities of the Borrower (including as debt securities any Indebtedness incurred pursuant to a credit agreement) that are secured by a Lien on the Collateral
ranking junior to the Liens securing the Obligations pursuant to a Second Lien Intercreditor Agreement or (iii) debt securities of the Borrower that are secured by a Lien ranking pari passu with the Liens securing the Obligations pursuant to a
First Lien Intercreditor Agreement; provided that (a) in the case of debt securities issued in reliance on Section 6.02(f)(i), such debt securities are issued for cash consideration, (b) the terms of such debt securities do not
provide for any scheduled repayment, mandatory redemption or sinking fund obligations prior to the Maturity Date of the Term B Loan Facility (other than (i) customary offers to repurchase upon a change of control, asset sale or event of loss
and (ii) customary acceleration rights after an event of default), (c) the covenants, events of default, guarantees, collateral and other terms of which (other than interest rate and redemption premiums), taken as a whole, are not more
restrictive to the Borrower and the Restricted Subsidiaries than those in this Agreement; provided that a certificate of a Responsible Officer of the Borrower delivered to the Administrative Agent at least three Business Days (or such shorter
period as the 

  
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Administrative Agent may reasonably agree) prior to the incurrence of such debt securities, together with a reasonably detailed description of the material terms and conditions of such debt
securities or drafts of the documentation relating thereto, stating that the Borrower has determined in good faith that such terms and conditions satisfy the foregoing requirement shall be conclusive evidence that such terms and conditions satisfy
the foregoing requirement, (d) at the time that any such Permitted Notes are issued (and after giving effect thereto) no Event of Default shall exist, (e) the Borrower shall be in compliance with Sections 6.11 and 6.15, if and as
applicable at such time, and after giving effect thereto on a Pro Forma Basis as if such incurrence had occurred on the first day of the most recent period of four consecutive fiscal quarters for which financial statements have been delivered
pursuant to Section 5.04(a) or (b) and (f) no Subsidiary of the Borrower (other than a Guarantor) shall be an obligor under the Permitted Notes and no Permitted Notes shall be secured by any collateral other than the Collateral. 

“Permitted Real Estate Encumbrances” shall mean (a) Liens and other encumbrances permitted by clauses (a), (c), (d),
(e), (f) and (g) of Section 6.03; (b) Liens for Taxes, assessments or other governmental charges or levies not yet delinquent or that are being contested in good faith by appropriate proceedings and in respect of which, if
applicable, Borrower or any Restricted Subsidiary shall have set aside on its books adequate reserves in accordance with GAAP; (c) landlord’s, carriers’, warehousemen’s, mechanics’, materialmen’s, repairmen’s,
construction or other like Liens arising in the ordinary course of business and securing obligations that are not overdue by more than 30 days or that are being contested in good faith by appropriate proceedings and in respect of which, if
applicable, Borrower or any Restricted Subsidiary shall have set aside on its books adequate reserves in accordance with GAAP; (d) zoning restrictions, easements, trackage rights, leases (other than Capital Lease Obligations), licenses, special
assessments, rights-of-way, restrictions on use of real property and other similar encumbrances incurred in the ordinary course of business that, in the aggregate, do not interfere in any material respect with the ordinary conduct of the business of
Borrower or any Restricted Subsidiary or would not result in a Material Adverse Effect; (e) Liens securing judgments that do not constitute an Event of Default under Section 7.01(j); (f) any interest or title of, or Liens created by,
a lessor under any leases or subleases entered into by Borrower or any Restricted Subsidiary, as tenant, in the ordinary course of business and any precautionary UCC financing statement filing in respect of operating leases (and not any
Indebtedness) entered into in the ordinary course of business; and (g) the following encumbrances which do not, in any case, individually or in the aggregate, materially detract from the value of any Mine subject thereto or interfere with the
ordinary conduct of the business or operations of any Loan Party as presently conducted on, at or with respect to such Mine and as to be conducted following the Third Amendment Effective Date: (i) encumbrances typically found upon Real Property
used for mining purposes in the applicable jurisdiction in which the applicable Real Property is located to the extent such encumbrances would be permitted or granted by a prudent operator of mining property similar in use and configuration to such
Real Property (e.g., surface rights agreements, wheelage agreements and reconveyance agreements); (ii) rights and easements of owners (A) of undivided interests in any of the Real Property where the applicable Loan Party or Subsidiary owns
less than 100% of the fee interest, (B) of interests in the surface of any Real Property where the applicable Loan Party or Subsidiary does not own or lease such surface interest, (C) and lessees, if any, of coal or other minerals
(including oil, gas and coalbed methane) where the applicable Loan Party or Subsidiary does not own such coal or other minerals, and (D) and lessees of other coal seams and other minerals (including oil, gas and coalbed methane) not

  
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owned or leased by such Loan Party or Subsidiary; (iii) with respect to any Real Property in which the Borrower or any Restricted Subsidiary holds a leasehold interest, terms, agreements,
provisions, conditions, and limitations (other than royalty and other payment obligations which are otherwise permitted hereunder) contained in the leases granting such leasehold interest and the rights of lessors thereunder (and their heirs,
executors, administrators, successors, and assigns); (iv) farm, grazing, hunting, recreational and residential leases with respect to which Borrower or any Restricted Subsidiary is the lessor encumbering portions of the Real Properties to the
extent such leases would be granted or permitted by, and contain terms and provisions that would be acceptable to, a prudent operator of mining properties similar in use and configuration to such Real Properties; (v) royalty and other payment
obligations to sellers or transferors of fee coal or lease properties to the extent such obligations constitute a lien not yet delinquent; (vi) rights of others to subjacent or lateral support and absence of subsidence rights or to the
maintenance of barrier pillars or restrictions on mining within certain areas as provided by any Mining Lease, unless in each case waived by such other person; and (vii) rights of repurchase or reversion when mining and reclamation are
completed. 
 “Permitted Receivables Documents” shall mean all documents and agreements evidencing, relating to or
otherwise governing a Permitted Receivables Financing. 
 “Permitted Receivables Financing” shall mean one or more
transactions pursuant to which (i) Receivables Assets or interests therein are sold to or financed by one or more Special Purpose Receivables Subsidiaries, and (ii) such Special Purpose Receivables Subsidiaries finance their acquisition of
such Receivables Assets or interests therein, or the financing thereof, by selling or borrowing against such Receivables Assets or interests therein; provided that (A) recourse to the Borrower or any Subsidiary (other than the Special
Purpose Receivables Subsidiaries) and any obligations or agreements of the Borrower or any Subsidiary (other than the Special Purpose Receivables Subsidiaries) in connection with such transactions shall be limited to the extent customary for similar
transactions in the applicable jurisdictions (including, to the extent applicable, in a manner consistent with the delivery of a “true sale”/“absolute transfer” opinion with respect to any transfer by the Borrower or any
Subsidiary (other than a Special Purpose Receivables Subsidiary), and (B) the aggregate Receivables Net Investment shall not exceed $200 million at any time. 

“Permitted Refinancing Indebtedness” shall mean any Indebtedness issued in exchange for, or the net proceeds of which are
used to extend, refinance, renew, replace, defease or refund (collectively, to “Refinance”), the Indebtedness being Refinanced (or previous refinancings thereof constituting Permitted Refinancing Indebtedness); provided that
(a) the principal amount (or accreted value, if applicable) of such Permitted Refinancing Indebtedness does not exceed the principal amount (or accreted value, if applicable) of the Indebtedness so Refinanced (plus unpaid accrued interest and
premium thereon), (b) the average life to maturity of such Permitted Refinancing Indebtedness is greater than or equal to that of the Indebtedness being Refinanced, (c) if the Indebtedness being Refinanced is subordinated in right of
payment to the Obligations under this Agreement, such Permitted Refinancing Indebtedness shall be subordinated in right of payment to such Obligations on terms at least as favorable to the Lenders as those contained in the documentation governing
the Indebtedness being Refinanced, (d) other than in the case of a refinancing of the Massey 3.25% Convertible Notes, no Permitted Refinancing Indebtedness shall have different obligors, or greater guarantees or security, than the

  
 41 

 
Indebtedness being Refinanced, and (e) if the Indebtedness being Refinanced is secured by any collateral of Domestic Subsidiaries (whether equally and ratably with, or junior to, the Secured
Parties or otherwise), such Permitted Refinancing Indebtedness may be secured by such collateral on terms no less favorable to the Secured Parties than those contained in the documentation governing the Indebtedness being Refinanced. 

“Permitted Second Priority Refinancing Debt” shall mean secured Indebtedness (including any Registered Equivalent Notes)
incurred by the Borrower in the form of one or more series of second lien (or other junior lien) secured notes or second lien (or other junior lien) secured loans; provided that (i) such Indebtedness is secured by the Collateral on a
second priority (or other junior priority) basis to the liens securing the Obligations and the obligations in respect of any Permitted First Priority Refinancing Debt and is not secured by any property or assets of the Borrower or any Restricted
Subsidiary other than the Collateral, (ii) the holders of such Indebtedness (or their representative) and the Administrative Agent shall be party to the Second Lien Intercreditor Agreement, and (iii) such Indebtedness meets the Permitted
Junior Debt Conditions. 
 “Permitted Unsecured Refinancing Debt” shall mean unsecured Indebtedness (including any
Registered Equivalent Notes) incurred by the Borrower in the form of one or more series of senior unsecured notes or loans; provided that such Indebtedness meets the Permitted Junior Debt Conditions. 

“person” or “Person” shall mean any natural person, corporation, business trust, joint venture,
association, company, partnership, limited liability company or government, individual or family trusts, or any agency or political subdivision thereof. 

“Plan” shall mean any employee pension benefit plan (other than a Multiemployer Plan) subject to the provisions of Title IV
of ERISA or Section 412 of the Code or Section 302 of ERISA which is maintained or contributed to by the Borrower, any Subsidiary or any ERISA Affiliate or with respect to which the Borrower or any Subsidiary could incur liability
(including under Section 4069 of ERISA). 
 “Platform” shall have the meaning assigned to such term in
Section 9.17(b). 
  “primary obligor” shall have the meaning given such term in the definition of the term
“Guarantee.” 
 “Pro Forma Basis” shall mean, as to any person, for any events as described in clauses (i)
and (ii) below that occur subsequent to the commencement of a period for which the financial effect of such events is being calculated, and giving effect to the events for which such calculation is being made, such calculation as will give pro
forma effect to such events as if such events occurred on the first day of the four consecutive fiscal quarter period ended on or before the occurrence of such event (the “Reference Period”): 

(i)        in making any determination of EBITDA, pro forma effect shall be given to
the Merger Transaction, any Asset Disposition and any Asset Acquisition (or any similar transaction or transactions that require a waiver or consent of the Required 

  
 42 

 
Lenders pursuant to Section 6.04 or 6.05), in each case that occurred during the Reference Period; and 

(ii)        in making any determination on a Pro Forma Basis, (x) all
Indebtedness (including Indebtedness incurred or assumed and for which the financial effect is being calculated, whether incurred under this Agreement or otherwise, but excluding normal fluctuations in revolving Indebtedness incurred for working
capital purposes and amounts outstanding under any Permitted Receivables Financing, in each case, not to finance any acquisition) incurred or permanently repaid during the Reference Period shall be deemed to have been incurred or repaid at the
beginning of such period and (y) Interest Expense of such person attributable to interest on any Indebtedness, for which pro forma effect is being given as provided in preceding clause (x), bearing floating interest rates
shall be computed on a pro forma basis as if the rates that would have been in effect during the period for which pro forma effect is being given had been actually in effect during such periods. 

Pro forma calculations made pursuant to the definition of the term “Pro Forma Basis” shall be determined in good faith by a
Responsible Officer of the Borrower and, for any fiscal period ending on or prior to the first anniversary of the Merger Transaction, of any Asset Acquisition or of any Asset Disposition (or any similar transaction or transactions that require a
waiver or consent of the Required Lenders pursuant to Section 6.04 or 6.05), may include adjustments to reflect operating expense reductions and other operating improvements or synergies reasonably expected to result from the Merger
Transaction, such Asset Acquisition, Asset Disposition or other similar transaction, to the extent that the Borrower delivers to the Administrative Agent (i) a certificate of a Financial Officer of the Borrower setting forth such operating
expense reductions and other operating improvements or synergies and (ii) information and calculations supporting in reasonable detail such estimated operating expense reductions and other operating improvements or synergies. For purposes of
Pro Forma Basis, the purchase of Gas Properties shall be deemed an Asset Acquisition. 
 “Projections” shall mean any
projections and any forward-looking statements (including statements with respect to booked business) of such entities (or of the Borrower and its Subsidiaries) furnished to the Lenders or the Administrative Agent by or on behalf of the Borrower or
any of its Subsidiaries prior to the Fifth Amendment Effective Date. 
 “Qualifying Asset Disposition” shall mean any
sale, transfer or other disposition by the Borrower or any of the Restricted Subsidiaries to any person other than the Borrower or any other Restricted Subsidiary of any asset or group of related assets, including Equity Interests of any Subsidiary,
in one or a series of related transactions that the Borrower, in its sole discretion, elects to treat as a Qualifying Asset Disposition and as to which the Borrower delivers to the Administrative Agent an officers’ certificate specifying that
such sale is a Qualifying Asset Disposition and the amount of Net Cash Proceeds in respect of such Qualifying Asset Disposition; provided that the Net Cash Proceeds in respect of Qualifying Asset Dispositions from and after the Amendment
No. 2 Effective Date shall not exceed $350 million. 
 “Quotation Day” shall mean, with respect to any Eurocurrency
Borrowing and any Interest Period, the day on which it is market practice in the relevant interbank market for 

  
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prime banks to give quotations for deposits in the currency of such Borrowing for delivery on the first day of such Interest Period. If such quotations would normally be given by prime banks on
more than one day, the Quotation Day will be the last of such days. 
 “Reaffirmation Agreement” shall mean that certain
Reaffirmation Agreement among the Loan Parties and the Collateral Agent dated the Fifth Amendment Effective Date. 
 “Real
Property” shall mean, collectively, all right, title and interest of the Borrower or any Restricted Subsidiary (including, without limitation, any leasehold or mineral estate) in and to any and all parcels of real property owned or operated
by the Borrower or any Restricted Subsidiary, whether by lease, license or other use agreement, together with, in each case, all Improvements and appurtenant fixtures (including, without limitation, all preparation plants or other Coal processing
facilities and loadout and other transportation facilities), easements and other property and rights incidental to the ownership, lease or operation thereof. 

“Rebuild Companies” shall mean Maxxim Rebuild Co., LLC, a Delaware limited liability company and a wholly owned subsidiary
of the Borrower, and Powers Shop LLC, a Virginia limited liability company and a wholly owned subsidiary of the Borrower. 

“Rebuild Equipment” shall mean mining and related equipment acquired from persons who are not Affiliates of the Borrower
that is sold by either of the Rebuild Companies in the ordinary course of its business. 
 “Receivable” means any
indebtedness and other obligations owed to any Loan Party or a Special Purpose Receivables Subsidiary or any right of a Special Purpose Receivables Subsidiary or any Loan Party to payment from or on behalf of a purchaser of goods (or other obligor
obligated to make payments pursuant to the Contract relating to such Receivable) from any Loan Party or any right to reimbursement for funds paid or advanced by a Special Purpose Receivables Subsidiary or any Loan Party on behalf of a purchaser of
goods (or other obligor obligated to make payments pursuant to the Contract relating to such Receivable) from any Loan Party, whether constituting an account, chattel paper, payment intangible, instrument or general intangible, however arising
(whether or not earned by performance), and includes, without limitation, the obligation to pay any finance charges, fees and other charges with respect thereto (it being understood that indebtedness and other obligations arising from any one
transaction, including, without limitation, indebtedness and other obligations represented by an individual invoice or agreement, shall constitute a Receivable separate from a Receivable consisting of the indebtedness and other obligations arising
from any other transaction). 
 “Receivables Assets” shall mean any Receivable and Related Security from time to time
originated, acquired or otherwise owned by the Borrower or any Subsidiary. 
 “Receivables Net Investment” shall mean the
aggregate cash amount paid by the lenders or purchasers under any Permitted Receivables Financing in connection with their purchase of, or the making of loans secured by, Receivables Assets or interests therein, as the same may be reduced from time
to time by collections with respect to such Receivables Assets or otherwise in accordance with the terms of the Permitted Receivables Documents; provided, however, that, if all or any part of such Receivables Net Investment shall have
been reduced by 

  
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application of any distribution and thereafter such distribution is rescinded or must otherwise be returned for any reason, such Receivables Net Investment shall be increased by the amount of
such distribution, all as though such distribution had not been made. 
  “Reclamation Laws” shall mean all laws
relating to mining reclamation or reclamation liabilities including the Surface Mining Control and Reclamation Act of 1977, as amended, and its state and local counterparts or equivalents, including those applicable in Illinois, Kentucky,
Pennsylvania, Utah, West Virginia and Wyoming state laws. 
 “Reference Period” shall have the meaning assigned to such
term in the definition of the term “Pro Forma Basis.” 
 “Refinance” shall have the meaning assigned to such
term in the definition of the term “Permitted Refinancing Indebtedness,” and “Refinanced” shall have a meaning correlative thereto. 

“Refinanced Debt” has the meaning provided in the definition of “Credit Agreement Refinancing Indebtedness”. 

“Refinanced Term Loans” shall have the meaning assigned to such term in Section 9.08(e). 

“Refinancing Amendment” means an amendment to this Agreement in form and substance reasonably satisfactory to the
Administrative Agent and the Borrower executed by each of (a) the Borrower, (b) the Administrative Agent, (c) each Additional Term Loan Lender and Additional Revolving Facility Lender, as applicable, party to such amendment, and
(d) each existing Lender that agrees to provide any portion of the Credit Agreement Refinancing Indebtedness being incurred pursuant thereto, in accordance with Section 2.26. 

“Register” shall have the meaning assigned to such term in Section 9.04(b). 

“Registered Equivalent Notes” shall mean, with respect to any notes originally issued in a Rule 144A or other private
placement transaction under the Securities Act of 1933, substantially identical notes (having the same Guarantees) issued in a dollar-for-dollar exchange therefor pursuant to an exchange offer registered with the SEC. 

 “Regulation U” shall mean Regulation U of the Board as from time to time in effect and all official rulings
and interpretations thereunder or thereof. 
 “Regulation X” shall mean Regulation X of the Board as from time
to time in effect and all official rulings and interpretations thereunder or thereof. 
 “Related Parties” shall mean,
with respect to any specified person, such person’s Affiliates and the respective directors, officers, employees and agents of such person and such person’s Affiliates. 

“Related Security” means, with respect to any Receivable: 

  
 45 

 (a)        all of a Special Purpose
Receivables Subsidiary’s and any Loan Party’s interest in any goods (including returned goods), and documentation of title evidencing the shipment or storage of any goods (including returned goods), the sale of which gave rise to such
Receivable; 
 (b)        all instruments and chattel paper that may evidence such
Receivable (and do not evidence any asset that is not a Receivable); 

(c)        all other security interests or liens and property subject thereto from
time to time purporting to secure payment of such Receivable, whether pursuant to the Contract related to such Receivable or otherwise, together with all UCC financing statements or similar filings relating thereto; 

(d)        solely to the extent applicable to such Receivable, the rights, interests
and claims under the Contracts and all guarantees, indemnities, insurance and other agreements or arrangements of whatever character from time to time supporting or securing payment of such Receivable or otherwise relating to such Receivable,
whether pursuant to the Contract related to such Receivable or otherwise; 

(e)        all of a Special Purpose Receivables Subsidiary’s rights, interests
and claims under the Permitted Receivables Documents; and 
 (f)        all
collections and other proceeds and products of any of the foregoing, as defined in the UCC, that are or were received by a Loan Party or Special Purpose Receivables Subsidiary, including, without limitation, all funds which either are received by a
Loan Party or Special Purpose Receivables Subsidiary from or on behalf of the obligors in payment of any amounts owed (including, without limitation, invoice price, finance charges, interest and all other charges) in respect of the above Receivables
or are applied to such amounts owed by the obligors (including, without limitation, any insurance payments that a Loan Party or Special Purpose Receivables Subsidiary applies in the ordinary course of its business to amounts owed in respect of any
of the above Receivables, and net proceeds of sale or other disposition of repossessed goods or other collateral or property of the obligors in respect of the above Receivables or any other parties directly or indirectly liable for payment of any
such Receivables, and all books and records of any Loan Party to the extent related to any of the Receivables Assets. 

“Release” shall mean any spilling, leaking, seepage, pumping, pouring, emitting, emptying, discharging, injecting, escaping,
leaching, dumping, disposing or depositing in, into or onto the Environment. 
  “Replacement Term Loans” shall have
the meaning assigned to such term in Section 9.08(e). 
 “Reportable Event” shall mean any reportable event as
defined in Section 4043(c) of ERISA or the regulations issued thereunder, other than those events as to which the 30-day notice period referred to in Section 4043(c) of ERISA has been waived, with respect to a Plan. 

  
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 “Required Lenders” shall mean, at any time, Lenders having (a) Loans
(other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures, and (d) Available Unused Commitments, that taken together, represent more than 50% of the sum of (w) all Loans (other than Swingline
Loans) outstanding, (x) Revolving L/C Exposures, (y) Swingline Exposures, and (z) the total Available Unused Commitments at such time. The Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any
Defaulting Lender shall be disregarded in determining Required Lenders at any time. 
 “Responsible Officer” of any person
shall mean any executive officer or Financial Officer of such person and any other officer or similar official thereof responsible for the administration of the obligations of such person in respect of this Agreement. 

“Restricted Investment” shall mean any Investment not permitted under Section 6.01. 

“Restricted Payments” has the meaning provided in Section 6.06(a). 

“Restricted Subsidiary” shall mean any Subsidiary that is not an Unrestricted Subsidiary. 

“Revolver Extension Request” has the meaning provided in Section 2.25(b). 

“Revolver Extension Series” has the meaning provided in Section 2.25(b). 

“Revolving Facility” shall mean any Original Maturity Revolving Facility or any Extended Maturity Revolving Facility, as
applicable. 
 “Revolving Facility Borrowing” shall mean any Original Maturity Revolving Facility Borrowing or any
Extended Maturity Revolving Facility Borrowing, as applicable. 
 “Revolving Facility Commitment” shall mean any Original
Maturity Revolving Facility Commitment or any Extended Maturity Revolving Facility Commitment, as applicable. 
 “Revolving
Facility Commitment Capacity” shall mean at any time the difference between $1,100 million minus (i) the aggregate amount of the Revolving Facility Commitments as of such time and (ii) the aggregate amount of any Credit Agreement
Refinancing Indebtedness that is used to refinance any Revolving Facility Commitments; provided that such amount cannot be less than zero. 

“Revolving Facility Credit Exposure” shall mean any Original Maturity Revolving Facility Exposure or any Extended Maturity
Revolving Facility Exposure, as applicable. 
 “Revolving Facility Lender” shall mean a Lender with an Original Maturity
Revolving Facility Commitment or Extended Maturity Revolving Facility Commitment or with outstanding Original Maturity Revolving Facility Loans or Extended Maturity Revolving Facility Loans (including any Lender with Other Revolving Facility Loans
and any Revolving Facility 

  
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Lender that extends Additional Revolving Facility Commitments as a Revolving Facility Lender). 

“Revolving Facility Loan” shall mean a Loan made by a Revolving Facility Lender pursuant to Section 2.01 or by an
Additional Revolving Facility Lender pursuant to Section 2.20. Each Revolving Facility Loan shall be a Eurocurrency Loan or an ABR Loan. 

“Revolving Facility Maturity Date” shall mean (a) with respect to the Original Maturity Revolving Facility,
June 30, 2016 and (b) with respect to the Extended Maturity Revolving Facility, September 30, 2017. 
 “Revolving
Facility Percentage” shall mean, with respect to any Revolving Facility Lender, the percentage of the total Revolving Facility Commitments represented by such Lender’s Revolving Facility Commitment. If the Revolving Facility
Commitments have terminated or expired, the Revolving Facility Percentages shall be determined based upon the Revolving Facility Commitments most recently in effect, giving effect to any assignments pursuant to Section 9.04. 

“Revolving L/C Exposure” shall mean at any time the sum of (a) the aggregate undrawn amount of all Letters of Credit
outstanding at such time and (b) the aggregate principal amount of all L/C Disbursements that have not yet been reimbursed at such time. The Revolving L/C Exposure of any Revolving Facility Lender at any time shall mean its Revolving Facility
Percentage of the aggregate Revolving L/C Exposure at such time. 
 “S&P” shall mean Standard & Poor’s
Ratings Group, Inc. 
 “Sale and Lease-Back Transaction” shall mean any arrangement, directly or indirectly, with any
person whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially
the same purpose or purposes as the property being sold or transferred. 
 “Sanction(s)” shall mean any sanction
administered or enforced by the United States Government (including without limitation, OFAC), the United Nations Security Council, the European Union, or Her Majesty’s Treasury. 

“SEC” shall mean the Securities and Exchange Commission or any successor thereto. 

“Second Amended and Restated Credit Agreement” shall have the meaning assigned to such term in the recitals hereof. 

“Section 2.11(c) Excess Net Cash Proceeds” has the meaning assigned to such term in Section 2.11(c). 

“Section 2.11(d) Excess Proceeds” has the meaning assigned to such term in Section 2.11(d). 

  
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 “Section 2.11(e) Net Cash Proceeds” has the meaning assigned to such term in
Section 2.11(e). 
 “Second Lien Intercreditor Agreement” shall mean the Second Lien Intercreditor Agreement dated
May 20, 2014 among the Collateral Agent and Wilmington Trust, National Association as collateral agent for the 2020 Second Lien Notes or another intercreditor agreement by and among the Collateral Agent and the collateral agents or other
representatives for the holders of Indebtedness secured by Liens that are intended to rank junior to the Liens securing the Obligations and that are otherwise permitted pursuant to Section 6.03 providing that all proceeds of Collateral shall
first be applied to repay the Obligations in full prior to being applied to any obligations under the Indebtedness secured by such junior Liens and that until the termination of the Commitments and the repayment in full (or cash collateralization of
Letters of Credit) of all Obligations outstanding under this Agreement, the Collateral Agent shall have the sole right to exercise remedies against the Collateral (subject to customary exceptions for limited protective actions that may be taken by
the holders of such junior Lien Indebtedness) and otherwise in form and substance reasonably satisfactory to the Collateral Agent. 

“Second Lien Note Indenture” shall mean the indenture dated May 20, 2014 among the Borrower and the Subsidiaries party
thereto and the trustee named therein, as amended, restated, supplemented, or otherwise modified from time to time. 
 “Secured
Parties” shall mean the “Secured Parties” as defined in the Guarantee and Collateral Agreement. 
 “Securities
Act” shall mean the Securities Act of 1933, as amended. 
 “Security Documents” shall mean the Mortgages, the
Mortgage Amendments, the Guarantee and Collateral Agreement and each of the other instruments and documents executed and delivered pursuant to any of the foregoing, pursuant to Section 5.10 of this Agreement or which otherwise pledge, grant or
purport to pledge or grant a security interest or lien on any property as Collateral for Obligations; provided that, in no event, shall any such instruments and documents grant any security interests in any Excluded Assets. 

“Senior Note Indenture” shall mean the indenture dated on or about June 1, 2011, among the Borrower and the
Subsidiaries party thereto and the trustee named therein from time to time, as amended, restated, supplemented, or otherwise modified from time to time in accordance with the requirements thereof and of this Agreement, and the supplemental indenture
or indentures under which the 2018 Senior Notes, the 2019 Senior Notes, the 2021 Senior Notes, the 2017 Senior Convertible Notes and the 2020 Senior Convertible Notes have been issued, among the Borrower and the Subsidiaries party thereto and the
trustee named therein from time to time, as amended, restated, supplemented or otherwise modified from time to time in accordance with the requirements thereof and of this Agreement. 

“Senior Notes” shall mean the 2015 Senior Convertible Notes, the 2018 Senior Notes, the 2019 Senior Notes, the 2021 Senior
Notes, the 2017 Senior Convertible Notes and the 2020 Senior Convertible Notes. 

  
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 “Senior Secured Leverage Ratio” shall mean, on any date, the ratio of
(a) Consolidated Senior Secured Debt as of such date to (b) EBITDA for the period of four consecutive fiscal quarters of the Borrower most recently ended as of such date; provided that, to the extent any Asset Disposition or any
Asset Acquisition (or any similar transaction or transactions that require a waiver or a consent of the Required Lenders pursuant to Section 6.04 or 6.05) or incurrence or repayment of Indebtedness (excluding normal fluctuations in revolving
Indebtedness incurred for working capital purposes) has occurred during the relevant Test Period, EBITDA shall be determined for the respective Test Period on a Pro Forma Basis for such occurrences. 

“Special Purpose Receivables Subsidiary” shall mean a direct or indirect Subsidiary of the Borrower established in
connection with a Permitted Receivables Financing for the acquisition of Receivables Assets or interests therein, and which is organized in a manner intended to reduce the likelihood that it would be substantively consolidated with the Borrower or
any of the Restricted Subsidiaries (other than Special Purpose Receivables Subsidiaries) in the event the Borrower or any such Restricted Subsidiary becomes subject to a proceeding under the U.S. Bankruptcy Code (or other insolvency law). 

“Stated Maturity” means, with respect to any installment of principal on any series of Indebtedness, the date on which the
final payment of principal was scheduled to be paid in the documentation governing such Indebtedness as of the date of the Third Amendment Effective Date, and will not include any contingent obligations to repay, redeem or repurchase any such
principal prior to the date originally scheduled for the payment thereof. 
 “Statutory Reserves” shall mean, with respect
to any currency, any reserve, liquid asset or similar requirements established by any Governmental Authority of the United States of America or of the jurisdiction of such currency or any jurisdiction in which Loans in such currency are made to
which banks in such jurisdiction are subject for any category of deposits or liabilities customarily used to fund loans in such currency or by reference to which interest rates applicable to Loans in such currency are determined. 

“Subordinated Indebtedness” shall mean any Indebtedness that (x) is contractually subordinated to the Indebtedness
under the Loan Documents (other than any intercompany Indebtedness between or among the Borrower and any of its Restricted Subsidiaries) or (y) consists of notes that (i) are issued after the Third Amendment Effective Date in an aggregate
principal amount for any issue of not less than $100,000,000, (ii) are either issued under Rule 144A promulgated by the SEC or are registered under the Securities Act and (iii) that do not benefit from guarantees by substantially the same
Domestic Subsidiaries that are Subsidiary Guarantors. 
 “Subordinated Intercompany Debt” shall have the meaning assigned
to such term in Section 6.02(g). 
 “Subsidiary” shall mean, with respect to any person (herein referred to as the
“parent”), any corporation, partnership, association or other business entity (a) of which securities or other ownership interests representing more than 50% of the equity or more than 50% of the ordinary voting power or more
than 50% of the general partnership interests are, at 

  
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the time any determination is being made, directly or indirectly, owned, Controlled or held by the parent or one or more subsidiaries of the parent, or (b) whose accounts are consolidated
with the accounts of the parent or one or more subsidiaries of the parent in such parent’s or subsidiary’s SEC filings. Unless the context otherwise requires, Subsidiary shall mean a Subsidiary of the Borrower. 

“Subsidiary Guarantor” shall mean any Wholly Owned Domestic Subsidiary of the Borrower that is a Restricted Subsidiary and
that executes the Guarantee and Collateral Agreement. 
 “Swap Agreement” shall mean any agreement with respect to any
swap, forward, future or derivative transaction or option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or pricing indices or
measures of economic, financial or pricing risk or value or any similar transaction or any combination of these transactions; provided that no phantom stock or similar plan providing for payments only on account of services provided by
current or former directors, officers, employees or consultants of the Borrower or any of its Restricted Subsidiaries shall be a Swap Agreement. 

“Swingline Borrowing” shall mean a Borrowing comprised of Swingline Loans. 

“Swingline Borrowing Request” shall mean a request by the Borrower substantially in the form of Exhibit C-2 to
this Agreement. 
 “Swingline Commitment” shall mean, with respect to each Swingline Lender, the commitment of such
Swingline Lender to make Swingline Loans pursuant to Section 2.04. The aggregate amount of the Swingline Commitments on the Fifth Amendment Effective Date is $100 million. 

“Swingline Exposure” shall mean at any time the aggregate principal amount of all outstanding Swingline Borrowings at such
time. The Swingline Exposure of any Revolving Facility Lender at any time shall mean its Revolving Facility Percentage of the aggregate Swingline Exposure at such time. 

“Swingline Lender” shall mean Citicorp North America, Inc., in its capacity as a lender of Swingline Loans, and/or any other
Revolving Facility Lender designated as such by the Borrower after the Fifth Amendment Effective Date that is reasonably satisfactory to the Borrower and the Administrative Agent and executes a counterpart to this Agreement as a Swingline Lender.

 “Swingline Loans” shall mean the swingline loans made to the Borrower pursuant to Section 2.04. 

“Taxes” shall mean any and all present or future taxes, levies, imposts, assessments, duties (including stamp duties),
deductions, charges (including ad valorem charges) or withholdings imposed by any Governmental Authority and any and all interest, additions to tax and penalties related thereto. 

  
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 “Term B Loan Borrowing” shall mean a Borrowing comprised of Term B Loans. 

“Term B Loan Commitment” shall mean with respect to each Lender, the commitment of such Lender to make Term B Loans
hereunder. The initial amount of each Term B Loan Lender’s Term B Loan Commitment is set forth on Schedule 1.01(a) to the Fourth Amended and Restated Credit Agreement under the heading “Term B Loan Commitment”
opposite such Term B Loan Lender’s name, or in the Assignment and Acceptance pursuant to which such Term B Loan Lender shall have assumed its Term B Loan Commitment, as applicable. The aggregate amount of the Term B Loan Commitments on the
Fourth Amendment Effective Date is $625.0 million. 
 “Term B Loan Facility” shall mean the Term B Loan Commitments and
the Term B Loans made hereunder. 
 “Term B Loan Installment Date” shall have the meaning assigned to
such term in Section 2.10(b). 
 “Term B Loan Lender” shall mean a Lender with a Term B Loan Commitment or with
outstanding Term B Loans (including any Additional Term Loan Lender with an Additional Term Loan Commitment, any Extending Term Lender or any Lender with an Other Term Loan). 

“Term B Loan Maturity Date” shall mean May 22, 2020. 

“Term B Loans” shall mean the term loans made by the Lenders to the Borrower pursuant to Section 2.01, any Additional
Term Loans made pursuant to Section 2.20 hereof, any Other Term Loans or any Extended Term Loans. 
 “Term Loan Extension
Request” has the meaning provided in Section 2.25(a). 
 “Term Loan Extension Series” has the meaning
provided in Section 2.25(a). 
 “Test Period” shall mean, on any date of determination, the period of four
consecutive fiscal quarters of the Borrower then most recently ended (taken as one accounting period). 
 “Third Amended and
Restated Credit Agreement” shall have the meaning assigned to such term in the recitals hereof. 
 “Third Amendment
Effective Date” means June 1, 2011. 
 “Third Amendment Effective Date Assets” shall mean the assets owned
or leased on the Third Amendment Effective Date by entities that are Loan Parties on the Third Amendment Effective Date, or owned or leased on the Third Amendment Effective Date by entities that are Wholly Owned Domestic Subsidiaries of Loan Parties
on the Third Amendment Effective Date and thereafter become Loan Parties, including Massey and its subsidiaries; provided that Third Amendment Effective Date Assets shall not include (x) Freeport Assets and (y) Excluded Assets
(other than assets described in clause (vi) of the definition of “Excluded Assets”). 

  
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 “Transactions” shall mean the Merger Transaction; the Fourth Amendment and
Restatement Transactions; the prepayment of $525.0 million of Term Loans (as defined in the Third Amended and Restated Credit Agreement) outstanding prior to the Fourth Amendment Effective Date; the Fifth Amendment and Restatement Transactions; and
the payment of fees and expenses related to all of the foregoing. 
 “Type” when used in respect of any Loan or Borrowing,
shall refer to the Rate by reference to which interest on such Loan or on the Loans comprising such Borrowing is determined. For purposes hereof, the term “Rate” shall include the Adjusted LIBO Rate and the Alternate Base Rate. 

“UCC” shall mean (i) the Uniform Commercial Code as in effect in the applicable state of jurisdiction and
(ii) certificate of title or other similar statutes relating to “rolling stock” or barges as in effect in the applicable jurisdiction. 

“United States Tax Compliance Certificate” has the meaning assigned to such term in Section 2.17(e). 

“Unrestricted Subsidiary” shall mean (i) any person that becomes an Unrestricted Subsidiary in accordance with
Section 5.13(a), (ii) any Special Purpose Receivables Subsidiary; provided that any such Special Purpose Receivables Subsidiary of the Borrower that is an Unrestricted Subsidiary shall, upon the termination of any such Permitted
Receivables Financing (other than as a result of an event of default thereunder unless and until the obligations thereunder are repaid in full), cease to be an Unrestricted Subsidiary and may not be re-designated as an Unrestricted Subsidiary and
(iii) as of the Fifth Amendment Effective Date, ANR Receivables Funding, LLC, Gray Hawk Insurance Company and Rockridge Coal Company. 

“U.S. Bankruptcy Code” shall mean Title 11 of the United States Code, as amended, or any similar federal or state law
for the relief of debtors. 
 “U.S. Lender” shall mean any Lender or Issuing Bank that is a United States person within
the meaning of Section 7701(a)(30) of the Code. 
 “U.S. Patriot Act” has the meaning assigned to such term in
Section 3.08(a). 
 “Wholly Owned Domestic Subsidiary” of any person shall mean a Domestic Subsidiary that is a
Wholly Owned Subsidiary and whose shares are not held, directly or indirectly, by any Foreign Subsidiary. 
 “Wholly Owned
Subsidiary” of any person shall mean a Subsidiary of such person, all of the Equity Interests of which (other than directors’ qualifying shares or nominee or other similar shares required pursuant to applicable law) are owned by such
person or another Wholly Owned Subsidiary of such person. 
 “Withdrawal Liability” shall mean liability to a
Multiemployer Plan as a result of a complete or partial withdrawal from such Multiemployer Plan, as such terms are defined in Part I of Subtitle E of Title IV of ERISA. 

  
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 SECTION 1.02          Terms
Generally.  The definitions set forth or referred to in Section 1.01 shall apply equally to both the singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall include the corresponding
masculine, feminine and neuter forms. The words “include,” “includes” and “including” shall be deemed to be followed by the phrase “without limitation.” The words “assets” and “property”
shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties, including cash, securities, accounts and contract rights. All references herein to Articles, Sections, Exhibits and
Schedules shall be deemed references to Articles and Sections of, and Exhibits and Schedules to, this Agreement unless the context shall otherwise require. Any reference to any law or regulation herein shall refer to such law or regulation as
amended, modified or supplemented from time to time. Except as otherwise expressly provided herein, any reference in this Agreement to any Loan Document shall mean such document as amended, restated, supplemented or otherwise modified from time to
time. Except as otherwise expressly provided herein, all terms of an accounting or financial nature shall be construed in accordance with GAAP, as in effect from time to time; provided that, if the Borrower notifies the Administrative Agent
that the Borrower requests an amendment to any provision hereof to eliminate the effect of any change occurring after the Fifth Amendment Effective Date in GAAP or in the application thereof on the operation of such provision (or if the
Administrative Agent notifies the Borrower that the Required Lenders request an amendment to any provision hereof for such purpose), regardless of whether any such notice is given before or after such change in GAAP or in the application thereof,
then such provision shall be interpreted on the basis of GAAP as in effect and applied immediately before such change shall have become effective until such notice shall have been withdrawn or such provision amended in accordance herewith. For
purposes of determining compliance with Section 6.01 through Section 6.09 with respect to any amount in a currency other than Dollars, such amount shall be determined as of the date of incurrence thereof, and shall not be affected as a
result of fluctuations in currency values. 
 SECTION 1.03          Effectuation of
Transfers.  Each of the representations and warranties of the Borrower contained in this Agreement (and all corresponding definitions) are made after giving effect to the Transactions to occur on the Fifth Amendment Effective Date,
unless the context otherwise requires. 
 SECTION 1.04          Effect of this
Agreement on the Fourth Amended and Restated Credit Agreement and the Other Existing Loan Documents.  Upon the Fifth Amendment Effective Date, this Agreement shall become effective and binding on the Borrower, the Agents, the Lenders
and the other parties hereto and the provisions of the Fourth Amended and Restated Credit Agreement shall be replaced by the provisions of this Agreement; provided that (a) the Existing Obligations of the Borrower and the other Loan
Parties under the Fourth Amended and Restated Credit Agreement and the Existing Loan Documents (in each case, as further amended from time to time) that remain unpaid and outstanding as of and after giving effect to the Fifth Amendment Effective
Date shall continue to exist under and be evidenced by this Agreement and the other Loan Documents, (b) all Existing Letters of Credit shall continue as Letters of Credit under this Agreement, (c) the Collateral and the Loan Documents
shall continue to secure, guarantee, support and otherwise benefit the Existing Obligations and the Obligations of the Borrower and the other Loan Parties under this Agreement and the other Loan Documents, (d) any Person entitled to the
benefits of Section 2.15, 2.16, 2.17 or 9.05 of the Fourth Amended and Restated Credit Agreement shall continue to be entitled to the benefits of the corresponding 

  
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provisions of this Agreement and (e) this Agreement and the other Loan Documents do not constitute a novation or termination of the Existing Obligations. Each Loan Document that was in
effect immediately prior to the Fifth Amendment Effective Date shall continue to be effective and, unless the context otherwise requires, any reference to the Original Credit Agreement, the First Amended and Restated Credit Agreement, the Second
Amended and Restated Credit Agreement, the Third Amended and Restated Credit Agreement or the Fourth Amended and Restated Credit Agreement contained therein shall be deemed to refer to this Agreement. 

ARTICLE II 
 THE CREDITS 

SECTION 2.01          Commitments. 

(a)        On the Fourth Amendment Effective Date each Lender made Term B Loans to the Borrower in
Dollars in a principal amount equal to its Term B Loan Commitment. Amounts repaid or prepaid in respect of Term B Loans may not be reborrowed. 

(b)        On the Fifth Amendment Effective Date, in accordance with, and upon the terms and
conditions set forth in the Amendment Agreement, (a) the Existing Revolving Facility Commitment of each Original Maturity Revolving Facility Lender outstanding on such date shall continue hereunder and be reclassified as an Original Maturity
Revolving Facility Commitment on such date in an amount as set forth on Schedule 1.01(b) of the Amendment Agreement and (b) the Existing Revolving Facility Commitment of each Extended Maturity Revolving Facility Lender outstanding on
such date shall continue hereunder and be reclassified as an Extended Maturity Revolving Facility Commitment on such date in an amount as set forth on Schedule 1.01(b) of the Amendment Agreement. Subject to the terms and conditions set forth
herein, (i) each Original Maturity Revolving Facility Lender severally agrees to make loans denominated in Dollars to the Borrower pursuant to Section 2.02 (each such loan, an “Original Maturity Revolving Facility Loan”),
at any time and from time to time during the Availability Period in an aggregate principal amount that will not result in (A) such Lender’s Original Maturity Revolving Facility Credit Exposure exceeding such Lender’s Original Maturity
Revolving Facility Commitment or (B) the Original Maturity Revolving Facility Credit Exposure exceeding the total Original Maturity Revolving Facility Commitments and (ii) each Extended Maturity Revolving Facility Lender severally agrees
to make loans denominated in Dollars to the Borrower pursuant to Section 2.02 (each such loan, an “Extended Maturity Revolving Facility Loan”), at any time and from time to time during the Availability Period in an aggregate
principal amount that will not result in (A) such Lender’s Extended Maturity Revolving Facility Exposure exceeding such Lender’s Extended Maturity Revolving Facility Commitment or (B) the Extended Maturity Revolving Facility
Exposure exceeding the total Extended Maturity Revolving Facility Commitments. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Revolving Facility Loans. From the
Fifth Amendment Effective Date until the Revolving Facility Maturity Date of the Original Maturity Revolving Facility, all Revolving Facility Loans shall be made on a pro rata basis between the Original Maturity Revolving Facility and the Extended
Maturity Revolving Facility; provided that any Revolving Facility Borrowings to be made within 20 Business Days of the Maturity Date of the Original Maturity Revolving Facility shall be, at 

  
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Borrower’s option, (x) on a pro rata basis between the Original Maturity Revolving Facility and the Extended Maturity Revolving Facility or (y) Extended Maturity Revolving Facility
Borrowings. Any Existing Revolving Facility Loans outstanding on the Fifth Amendment Effective Date shall be continued as Revolving Facility Loans hereunder; provided that (x) the Existing Revolving Facility Loans of each Original
Maturity Revolving Facility Lender will be reclassified as “Original Maturity Revolving Facility Loans” and (y) the Existing Revolving Facility Loans of each Extended Maturity Revolving Facility Lender will be reclassified as
“Extended Maturity Revolving Facility Loans”. 
 SECTION 2.02          Loans
and Borrowings. 
 (a)        Each Loan shall be made as part of a Borrowing consisting of
Loans under the same Facility and of the same Type made by the Lenders ratably in accordance with their respective Commitments under the applicable Facility (or, in the case of Swingline Loans, in accordance with their respective Swingline
Commitments); provided, however, that Revolving Facility Loans shall be made by the Revolving Facility Lenders ratably in accordance with their respective Revolving Facility Percentages on the date such Loans are made hereunder. The
failure of any Lender to make any Loan required to be made by it shall not relieve any other Lender of its obligations hereunder; provided that the Commitments of the Lenders are several and no Lender shall be responsible for any other
Lender’s failure to make Loans as required. 
 (b)        Subject to Section 2.14, each
Borrowing (other than a Swingline Borrowing) shall be comprised entirely of ABR Loans or Eurocurrency Loans as the Borrower may request in accordance herewith. Each Swingline Borrowing shall be an ABR Borrowing. Each Lender at its option may make
any ABR Loan or Eurocurrency Loan by causing any domestic or foreign branch or Affiliate of such Lender to make such Loan; provided that any exercise of such option shall not affect the obligation of the Borrower to repay such Loan in
accordance with the terms of this Agreement and such Lender shall not be entitled to any amounts payable under Section 2.15 or 2.17 solely in respect of increased costs resulting from such exercise and existing at the time of such exercise.

 (c)        At the commencement of each Interest Period for any Eurocurrency Revolving Facility
Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of the Borrowing Multiple and not less than the Borrowing Minimum. At the time that each ABR Revolving Facility Borrowing is made, such Borrowing shall be in an
aggregate amount that is an integral multiple of the Borrowing Multiple and not less than the Borrowing Minimum; provided that an ABR Revolving Facility Borrowing may be in an aggregate amount that is equal to the entire unused balance of the
Revolving Facility Commitments or that is required to finance the reimbursement of an L/C Disbursement as contemplated by Section 2.05(e). Each Swingline Borrowing shall be in an amount that is an integral multiple of the Borrowing Multiple and
not less than the Borrowing Minimum. Borrowings of more than one Type and under more than one Facility may be outstanding at the same time; provided that there shall not at any time be more than a total of (i) five Eurocurrency
Borrowings outstanding under the Term B Loan Facility and (ii) 20 Eurocurrency Borrowings outstanding under the Revolving Facility. 

  
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 (d)        Notwithstanding any other provision of this
Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing if the Interest Period requested with respect thereto would end after the Revolving Facility Maturity Date applicable to such Borrowing or
the Term B Loan Maturity Date applicable to such Borrowing. 

(e)        (i)        Notwithstanding anything to the
contrary in this Agreement: 
 (A)      on the Fifth Amendment Effective Date,
(i) Original Maturity Revolving Facility Loans and Extended Maturity Revolving Facility Loans shall be deemed made as Eurocurrency Loans in an amount equal to the principal amount of the Existing Revolving Facility Loans reclassified as
Original Maturity Revolving Facility Loans and Extended Maturity Revolving Facility Loans, as applicable, pursuant to Section 2.01(b) that were outstanding as Eurocurrency Loans at the time of reclassification (such Original Maturity Revolving
Facility Loans and Extended Maturity Revolving Facility Loans to correspond in amount to the Existing Revolving Facility Loans so converted of a given Interest Period), (ii) Interest Periods for the Original Maturity Revolving Facility Loans
and the Extended Maturity Revolving Facility Loans described in clause (i) above shall end on the same dates as the Interest Periods applicable to the corresponding Existing Revolving Facility Loans described in clause (i) above, and the
Adjusted LIBO Rates applicable to such Original Maturity Revolving Facility Loans and Extended Maturity Revolving Facility Loans during such Interest Periods shall be the same as those applicable to the Existing Revolving Facility Loans so
reclassified, and (iii) Original Maturity Revolving Facility Loans and Extended Maturity Revolving Facility Loans shall be deemed made as ABR Loans in amount equal to the principal amount of Existing Revolving Facility Loans reclassified into
Original Maturity Revolving Facility Loans and Extended Maturity Revolving Facility Loans, respectively, pursuant to Section 2.01(b) that were outstanding as Base Rate Loans at the time of conversion; and 

(B)      each Original Maturity Revolving Facility Loan and Extended Maturity Revolving
Facility Loan shall continue to be entitled to all accrued and unpaid interest with respect to the Existing Revolving Facility Loan from which such Original Maturity Revolving Facility Loan and Extended Maturity Revolving Facility Loan, as
applicable, was reclassified up to but excluding the Fifth Amendment Effective Date. 

(ii)      On and after the Fifth Amendment Effective Date, each Original Maturity Revolving
Facility Lender and Extending Maturity Revolving Facility Lender which holds a promissory note shall be entitled to surrender such promissory note to the Borrower against delivery of a new promissory note completed in conformity with
Section 2.09 evidencing the Original Maturity Revolving Facility Loans and Extended Maturity Revolving Facility Loans, respectively, into which the Existing Revolving Facility Loans of such Lender were reclassified on the Fifth Amendment
Effective Date; provided that if any such promissory note is not so surrendered, then from and after the Fifth Amendment Effective Date such promissory note shall be deemed to evidence the 

  
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Original Maturity Revolving Facility Loans or Extended Maturity Revolving Facility Loans, as applicable, into which the Existing Revolving Facility Loans theretofore evidenced by such promissory
have been converted. 
 SECTION 2.03          Requests for
Borrowings.  To request a Revolving Facility Borrowing and/or a Term B Loan Borrowing, the Borrower shall notify the Administrative Agent of such request by telephone (a) in the case of a Eurocurrency Borrowing, not later than
12:00 p.m., Local Time, three Business Days before the date of the proposed Borrowing or (b) in the case of an ABR Borrowing, not later than 12:00 noon, Local Time, one Business Day before the date of the proposed Borrowing;
provided that any such notice of an ABR Revolving Facility Borrowing to finance the reimbursement of an L/C Disbursement as contemplated by Section 2.05(e) may be given not later than 10:00 a.m., Local Time, on the date of the
proposed Borrowing. Each such telephonic Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery or telecopy to the Administrative Agent of a written Borrowing Request in a form approved by the Administrative Agent
and signed by the Borrower. Each such telephonic and written Borrowing Request shall specify the following information in compliance with Section 2.02: 

  (i)       whether the requested Borrowing is to be a Revolving Facility
Borrowing or a Borrowing of Term B Loans; 
  (ii)       the aggregate amount
of the requested Borrowing (expressed in Dollars); 
 (iii)       the date of such
Borrowing, which shall be a Business Day; 
 (iv)       whether such Borrowing is to be
an ABR Borrowing or a Eurocurrency Borrowing; 
  (v)       in the case of a
Eurocurrency Borrowing, the initial Interest Period to be applicable thereto; and 

(vi)       the location and number of the Borrower’s account to which funds are to be
disbursed. 
 If no election as to the Type of Revolving Facility Borrowing is specified, then the requested Revolving Facility Borrowing shall be an ABR
Borrowing. If no Interest Period is specified with respect to any requested Eurocurrency Borrowing, then the Borrower shall be deemed to have selected an Interest Period of one month’s duration. Promptly following receipt of a Borrowing Request
in accordance with this Section, the Administrative Agent shall advise each Lender of the details thereof and of the amount of such Lender’s Loan to be made as part of the requested Borrowing. 

SECTION 2.04          Swingline Loans. 

(a)        Subject to the terms and conditions set forth herein, each Swingline Lender agrees to make
Swingline Loans to the Borrower from time to time during the Availability Period applicable to the Revolving Facility, in an aggregate principal amount at any time outstanding that will not result in (x) the aggregate principal amount of
outstanding 

  
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Swingline Loans exceeding the Swingline Commitment or (y) the Revolving Facility Credit Exposure exceeding the total Revolving Facility Commitments; provided that no Swingline Lender
shall be required to make a Swingline Loan to refinance an outstanding Swingline Borrowing. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Swingline Loans. From the
Fifth Amendment Effective Date to the Revolving Facility Maturity Date of the Original Maturity Revolving Facility, participations in Swingline Loans shall be allocated in accordance with the aggregate Revolving Facility Commitment (including both
the Original Maturity Revolving Facility Commitments and the Extended Maturity Revolving Facility Commitments); provided that, notwithstanding the foregoing, participations in any Swingline Loans that are made on or after the tenth Business
Day before the Revolving Facility Maturity Date shall be allocated to the Extended Maturity Revolving Facility Lenders ratably in accordance with their Extended Maturity Revolving Facility Commitments. On the Revolving Facility Maturity Date of the
Original Maturity Revolving Facility, the pro rata share of the outstanding amount of Swingline Loans of each Original Maturity Revolving Facility Lender shall be reallocated to the Extended Maturity Revolving Facility Lenders ratably in accordance
with their Extended Maturity Revolving Facility Commitments but in any case, only to the extent the sum of the pro rata share of the outstanding amount of Swingline Loans of the Original Maturity Revolving Facility Lenders and Extended Maturity
Revolving Facility Lenders does not exceed the total Extended Maturity Revolving Facility Commitments. If the reallocation described in the preceding sentence cannot, or can only partially, be effected as a result of the limitations set forth
herein, the Borrower shall within one Business Day, repay Swingline Loans the participation interests in which cannot be reallocated to Extended Maturity Revolving Facility Lenders pursuant to the prior sentence. 

(b)        To request a Swingline Borrowing the Borrower shall notify the Administrative Agent and
the Swingline Lenders of such request by telephone (confirmed by a Swingline Borrowing Request by telecopy), not later than 1:00 p.m., Local Time, on the day of a proposed Swingline Borrowing. Each such notice and Swingline Borrowing Request
shall be irrevocable and shall specify (i) the requested date (which shall be a Business Day) and (ii) the amount of the requested Swingline Borrowing (expressed in Dollars). Each Swingline Lender shall make each Swingline Loan to be made
by it hereunder in accordance with Section 2.02(a) on the proposed date thereof by wire transfer of immediately available funds by 4:00 p.m., Local Time, to the account of the Borrower (or, in the case of a Swingline Borrowing made to
finance the reimbursement of an L/C Disbursement as provided in Section 2.05(e), by remittance to the applicable Issuing Bank). 

(c)        A Swingline Lender may by written notice given to the Administrative Agent (and to the
other Swingline Lenders) not later than 10:00 a.m., Local Time on any Business Day, require the Revolving Facility Lenders to acquire participations on such Business Day in all or a portion of the outstanding Swingline Loans made by it with a
maturity date prior to the Revolving Facility Maturity Date applicable to such Revolving Facility Lender. Such notice shall specify the aggregate amount of such Swingline Loans in which the Revolving Facility Lenders will participate. Promptly upon
receipt of such notice, the Administrative Agent will give notice thereof to each such Lender, specifying in such notice such Lender’s Revolving Facility Percentage of such Swingline Loan or Loans. Each Revolving Facility Lender hereby
absolutely and unconditionally agrees, upon receipt of notice as provided above, 

  
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to pay to the Administrative Agent the Swingline Loan or Loans for the account of the applicable Swingline Lender, such Revolving Facility Lender’s Revolving Facility Percentage of such
Swingline Loan or Loans. Each Revolving Facility Lender acknowledges and agrees that its respective obligation to acquire participations in Swingline Loans pursuant to this paragraph is absolute and unconditional and shall not be affected by any
circumstance whatsoever, including the occurrence and continuance of a Default or reduction or termination of the Commitments, and that each such payment shall be made without any offset, abatement, withholding or reduction whatsoever. Each
Revolving Facility Lender shall comply with its obligation under this paragraph by wire transfer of immediately available funds, in the same manner as provided in Section 2.06 with respect to Loans made by such Revolving Facility Lender (and
Section 2.06 shall apply, mutatis mutandis, to the payment obligations of the Lenders), and the Administrative Agent shall promptly pay to the applicable Swingline Lender the amounts so received by it from the Revolving Facility Lenders. The
Administrative Agent shall notify the Borrower of any participations in any Swingline Loan acquired pursuant to this paragraph (c), and thereafter payments in respect of such Swingline Loan shall be made to the Administrative Agent and not to
the applicable Swingline Lender. Any amounts received by a Swingline Lender from the Borrower (or other party on behalf of the Borrower) in respect of a Swingline Loan after receipt by such Swingline Lender of the proceeds of a sale of
participations therein shall be promptly remitted to the Administrative Agent; any such amounts received by the Administrative Agent shall be promptly remitted by the Administrative Agent to the Revolving Facility Lenders that shall have made their
payments pursuant to this paragraph and to such Swingline Lender, as their interests may appear; provided that any such payment so remitted shall be repaid to such Swingline Lender or to the Administrative Agent, as applicable, if and to the
extent such payment is required to be refunded to the Borrower for any reason. The purchase of participations in a Swingline Loan pursuant to this paragraph shall not relieve the Borrower of any default in the payment thereof. 

SECTION 2.05          Letters of Credit. 

(a)        General.  Subject to the terms and conditions set forth herein, any Loan
Party may request the issuance of Letters of Credit for its own account in a form reasonably acceptable to the applicable Issuing Bank, at any time and from time to time during the Availability Period applicable to the Revolving Facility and prior
to the date that is five Business Days prior to the Revolving Facility Maturity Date of the Extended Maturity Facility. In the event of any inconsistency between the terms and conditions of this Agreement and the terms and conditions of any form of
letter of credit application or other agreement submitted by the Applicant Party to, or entered into by the Applicant Party with, an Issuing Bank relating to any Letter of Credit, the terms and conditions of this Agreement shall control.
Notwithstanding any provision hereof, no Issuing Bank shall be required to issue any Letter of Credit to the extent that as a result of such issuance the aggregate face amount of all outstanding Letters of Credit issued by such Issuing Bank would
exceed the amount set forth adjacent to such Issuing Bank’s name on Schedule 2.05(a) or as otherwise agreed by the Borrower and the applicable Issuing Bank and the Administrative Agent from time to time. 

 (i)        On the Fifth Amendment Effective Date, the participations in any
outstanding Letters of Credit shall be reallocated so that after giving effect thereto the Extended Maturity Revolving Facility Lenders and the Original Maturity 

  
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Revolving Facility Lenders shall share ratably in the Revolving Facility Credit Exposures in accordance with the aggregate Revolving Facility Commitments (including both the Original Maturity
Revolving Facility Commitments and the Extended Maturity Revolving Facility Commitments from time to time in effect). Thereafter, until the Revolving Facility Maturity Date of the Original Maturity Revolving Facility, the participations in any new
Letters of Credit shall be allocated in accordance with the aggregate Revolving Facility Commitments (including both the Original Maturity Revolving Facility Commitments and the Extended Maturity Revolving Facility Commitments); provided
that, notwithstanding the foregoing, participations in any new Letters of Credit that have an expiry date after the Original Revolving Facility Maturity Date shall be allocated to the Extended Maturity Revolving Facility Lenders ratably in
accordance with their Extended Maturity Revolving Facility Commitments. On the Revolving Facility Maturity Date of the Original Maturity Revolving Facility, the participations in the outstanding Letters of Credit of the Original Maturity Revolving
Facility Lenders shall be reallocated to the Extended Maturity Revolving Facility Lenders ratably in accordance with their Extended Maturity Revolving Facility Commitments but in any case, only to the extent the sum of the participations in the
outstanding Letters of Credit of the Original Maturity Revolving Facility Lenders and Extended Maturity Revolving Facility Lenders does not exceed the total Extended Maturity Revolving Facility Commitments. 

(ii)        If the reallocation described in clause (i) above cannot, or can
only partially, be effected as a result of the limitations set forth herein, the Borrower shall within five Business Days following notice by the Administrative Agent, either (x) cash collateralize such Original Maturity Revolving Facility
Lender’s participations in the outstanding Letters of Credit (after giving effect to any partial reallocation pursuant to clause (i) above) or (y) backstop such Original Maturity Revolving Facility Lender’s participations in the
Letters of Credit (after giving effect to any partial reallocation pursuant to clause (i) above) with a letter of credit reasonably satisfactory to the Issuing Bank, in each case, for so long as any Letters of Credit are outstanding. 

(b)        Notice of Issuance, Amendment, Renewal, Extension; Certain Conditions. To request
the issuance of a Letter of Credit (or the amendment, renewal (other than an automatic renewal in accordance with paragraph (c) of this Section) or extension of an outstanding Letter of Credit), the Applicant Party shall hand deliver or
telecopy (or transmit by electronic communication, if arrangements for doing so have been approved by the applicable Issuing Bank) to the applicable Issuing Bank and the Administrative Agent (two (2) Business Days in advance of the requested
date of issuance, amendment, renewal or extension) a notice requesting the issuance of a Letter of Credit, or identifying the Letter of Credit to be amended, renewed or extended, and specifying the date of issuance, amendment, renewal or extension
(which shall be a Business Day), the date on which such Letter of Credit is to expire (which shall comply with paragraph (c) of this Section), the amount of such Letter of Credit, the name and address of the beneficiary thereof and such other
information as shall be necessary to issue, amend, renew or extend such Letter of Credit. If requested by the applicable Issuing Bank, the Applicant Party also shall submit a letter of credit application on such Issuing Bank’s standard

  
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form in connection with any request for a Letter of Credit. A Letter of Credit shall be issued, amended, renewed or extended only if (and upon issuance, amendment, renewal or extension of each
Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance amendment, renewal or extension (i) the Revolving L/C Exposure shall not exceed $950 million, and (ii) the Revolving
Facility Credit Exposure shall not exceed the total Revolving Facility Commitments. 

(c)        Expiration Date.  Each Letter of Credit shall expire at or prior to the
close of business on the earlier of (A) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (B) the date that is five
Business Days prior to the Revolving Facility Maturity Date; provided that any Letter of Credit with a one-year tenor may provide for the automatic renewal thereof for additional one-year periods (which, in no event, shall extend beyond the
date referred to in clause (B) of this paragraph (c)). 

(d)        Participations.  By the issuance of a Letter of Credit (or an amendment
to a Letter of Credit increasing the amount thereof) and without any further action on the part of the applicable Issuing Bank or the Revolving Facility Lenders, such Issuing Bank hereby grants to each Revolving Facility Lender that will continue to
be a Revolving Facility Lender through the expiry date of such Letter of Credit, and each such Revolving Facility Lender hereby acquires from such Issuing Bank, a participation in such Letter of Credit equal to such Revolving Facility Lender’s
Revolving Facility Percentage of the aggregate amount available to be drawn under such Letter of Credit. In consideration and in furtherance of the foregoing, each Revolving Facility Lender hereby absolutely and unconditionally agrees to pay to the
Administrative Agent in Dollars, for the account of the applicable Issuing Bank, such Revolving Facility Lender’s Revolving Facility Percentage of each L/C Disbursement relating to a Letter of Credit in which such Revolving Facility Lender has
a participation made by such Issuing Bank in Dollars not reimbursed by the Borrower on the date due as provided in paragraph (e) of this Section, or of any reimbursement payment required to be refunded to the Borrower for any reason. Each
Revolving Facility Lender acknowledges and agrees that its obligation to acquire participations pursuant to this paragraph in respect of Letters of Credit is absolute and unconditional and shall not be affected by any circumstance whatsoever,
including any amendment, renewal or extension of any Letter of Credit or the occurrence and continuance of a Default or reduction or termination of the Commitments, and that each such payment shall be made without any offset, abatement, withholding
or reduction whatsoever. Prior to the Revolving Facility Maturity Date, the aggregate amount of participations in Letters of Credit held by Revolving Facility Lenders shall be shared ratably by all Revolving Facility Lenders in proportion to their
respective Revolving Facility Commitments. 
 (e)        Reimbursement.  If the
applicable Issuing Bank shall make any L/C Disbursement in respect of a Letter of Credit, the Borrower and the Applicant Party (if other than the Borrower) shall be jointly and severally liable for reimbursing such L/C Disbursement by paying to the
Administrative Agent an amount equal to such L/C Disbursement in Dollars, not later than 5:00 p.m., Local Time, on the Business Day immediately following the date the Borrower receives notice under paragraph (g) of this Section of
such L/C Disbursement; provided that the Borrower may, subject to the conditions to borrowing set forth herein, request in accordance with Section 2.03 or 2.04 that such payment be financed with an ABR Revolving

  
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Facility Borrowing or a Swingline Borrowing, as applicable, in an equivalent amount and, to the extent so financed, the Borrower’s obligation to make such payment shall be discharged and
replaced by the resulting ABR Revolving Facility Borrowing or Swingline Borrowing. If the Borrower or the Applicant Party (if other than the Borrower) fails to reimburse any L/C Disbursement when due, then the Administrative Agent shall promptly
notify the applicable Issuing Bank and each other applicable Revolving Facility Lender of the applicable L/C Disbursement, the payment then due from the Borrower or the Applicant Party (if other than the Borrower) and, in the case of a Revolving
Facility Lender, such Lender’s Revolving Facility Percentage thereof. Promptly following receipt of such notice, each applicable Revolving Facility Lender shall pay to the Administrative Agent in Dollars its Revolving Facility Percentage of the
payment then due from the Borrower, in the same manner as provided in Section 2.06 with respect to Loans made by such Lender (and Section 2.06 shall apply, mutatis mutandis, to the payment obligations of the Revolving Facility Lenders),
and the Administrative Agent shall promptly pay to the applicable Issuing Bank in Dollars the amounts so received by it from the Revolving Facility Lenders. Promptly following receipt by the Administrative Agent of any payment from the Borrower
pursuant to this paragraph, the Administrative Agent shall distribute such payment to the applicable Issuing Bank or, to the extent that Revolving Facility Lenders have made payments pursuant to this paragraph to reimburse such Issuing Bank, then to
such Lenders and such Issuing Bank as their interests may appear. Any payment made by a Revolving Facility Lender pursuant to this paragraph to reimburse an Issuing Bank for any L/C Disbursement (other than the funding of an ABR Revolving Loan or a
Swingline Borrowing as contemplated above) shall not constitute a Loan and shall not relieve the Borrower of its obligation to reimburse such L/C Disbursement. 

(f)      Obligations Absolute.  The joint and several obligation of the Borrower and the
Applicant Party (if other than the Borrower) to reimburse L/C Disbursements as provided in paragraph (e) of this Section shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this
Agreement under any and all circumstances whatsoever and irrespective of (i) any lack of validity or enforceability of any Letter of Credit or any term or provision therein, (ii) any draft or other document presented under a Letter of
Credit proving to be forged, fraudulent or invalid in any respect or any statement therein being untrue or inaccurate in any respect, (iii) payment by the applicable Issuing Bank under a Letter of Credit against presentation of a draft or other
document that does not comply with the terms of such Letter of Credit or (iv) any other event or circumstance whatsoever, whether or not similar to any of the foregoing, that might, but for the provisions of this Section, constitute a legal or
equitable discharge of, or provide a right of setoff against, the Borrower’s obligations hereunder; provided that, in each case, payment by the Issuing Bank shall not have constituted gross negligence or willful misconduct. Neither the
Administrative Agent, the Lenders nor any Issuing Bank, nor any of their Related Parties, shall have any liability or responsibility by reason of or in connection with the issuance or transfer of any Letter of Credit or any payment or failure to
make any payment thereunder (irrespective of any of the circumstances referred to in the preceding sentence), or any error, omission, interruption, loss or delay in transmission or delivery of any draft, notice or other communication under or
relating to any Letter of Credit (including any document required to make a drawing thereunder), any error in interpretation of technical terms or any consequence arising from causes beyond the control of such Issuing Bank; provided that the
foregoing shall not be construed to excuse the applicable Issuing Bank from liability to the extent of any direct damages (as opposed to consequential 

  
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damages, claims in respect of which are hereby waived to the extent permitted by applicable law) suffered by the Borrower or the Applicant Party that are determined by a court having jurisdiction
to have been caused by (i) such Issuing Bank’s failure to exercise care when determining whether drafts and other documents presented under a Letter of Credit comply with the terms thereof or (ii) such Issuing Bank’s refusal to
issue a Letter of Credit in accordance with the terms of this Agreement. The parties hereto expressly agree that, in the absence of gross negligence or willful misconduct on the part of the applicable Issuing Bank, such Issuing Bank shall be deemed
to have exercised care in each such determination and each refusal to issue a Letter of Credit. In furtherance of the foregoing and without limiting the generality thereof, the parties agree that, with respect to documents presented which appear on
their face to be in substantial compliance with the terms of a Letter of Credit, the applicable Issuing Bank may, in its sole discretion, either accept and make payment upon such documents without responsibility for further investigation, regardless
of any notice or information to the contrary, or refuse to accept and make payment upon such documents if such documents are not in strict compliance with the terms of such Letter of Credit. 

(g)      Disbursement Procedures.  The applicable Issuing Bank shall, promptly following its
receipt thereof, examine all documents purporting to represent a demand for payment under a Letter of Credit. Such Issuing Bank shall promptly notify the Administrative Agent, the Borrower and the Applicant Party (if other than the Borrower) by
telephone (confirmed by telecopy) of such demand for payment and whether such Issuing Bank has made or will make a L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of
its obligation to reimburse such Issuing Bank and the Revolving Facility Lenders with respect to any such L/C Disbursement. 

(h)      Interim Interest.  If an Issuing Bank shall make any L/C Disbursement, then, unless
the Borrower or the Applicant Party shall reimburse such L/C Disbursement in full on the date such L/C Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such L/C Disbursement is made to but
excluding the date that the Borrower or the Applicant Party reimburses such L/C Disbursement, at the rate per annum then applicable to ABR Revolving Loans; provided that, if such L/C Disbursement is not reimbursed by the Borrower or the
Applicant Party when due pursuant to paragraph (e) of this Section, then Section 2.13(c) shall apply; provided, further, that any L/C Disbursement that is reimbursed after the date such L/C Disbursement is required to be
reimbursed under paragraph (e) of this Section, (A) be payable in Dollars, (B) bear interest at the rate per annum then applicable to ABR Revolving Loans and (C) Section 2.13(c) shall apply. Interest accrued pursuant to this
paragraph shall be for the account of the applicable Issuing Bank, except that interest accrued on and after the date of payment by any Revolving Facility Lender pursuant to paragraph (e) of this Section to reimburse such Issuing Bank shall be
for the account of such Revolving Facility Lender to the extent of such payment. 

(i)       Replacement or Resignation of an Issuing Bank.  An Issuing Bank may be replaced
at any time by written agreement among the Borrower, the Administrative Agent, the replaced Issuing Bank and the successor Issuing Bank. An Issuing Bank may resign as Issuing Bank hereunder at any time following the Revolving Facility Maturity Date
of the Revolving Facility Commitment held by such Issuing Bank upon at least 30 days’ prior notice to the Lenders, the Administrative Agent and the Borrower. The Administrative Agent shall notify the

  
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Lenders of any such replacement of an Issuing Bank. At the time any such replacement or resignation shall become effective, the Borrower shall pay all unpaid fees accrued for the account of the
replaced or retiring Issuing Bank pursuant to Section 2.12. From and after the effective date of any such replacement or resignation, (i) the successor Issuing Bank shall have all the rights and obligations of the replaced Issuing Bank
under this Agreement with respect to Letters of Credit to be issued thereafter and (ii) references herein to the term “Issuing Bank” shall be deemed to refer to such successor or to any previous Issuing Bank, or to such successor and
all previous Issuing Banks, as the context shall require. After the replacement or resignation of an Issuing Bank hereunder, the replaced or retired Issuing Bank shall remain a party hereto and shall continue to have all the rights and obligations
of such Issuing Bank under this Agreement with respect to Letters of Credit issued by it prior to such replacement but shall not be required to issue additional Letters of Credit. 

(j)      Cash Collateralization.  If any Event of Default shall occur and be continuing,
(i) in the case of an Event of Default described in Section 7.01(h) or (i), on the Business Day or (ii) in the case of any other Event of Default, on the third Business Day, in each case, following the date on which the Borrower
receives notice from the Administrative Agent (or, if the maturity of the Loans has been accelerated, Revolving Facility Lenders with Revolving L/C Exposure representing greater than 50% of the total Revolving L/C Exposure) demanding the deposit of
cash collateral pursuant to this paragraph, the Borrower shall deposit in an account with the Administrative Agent, in the name of the Administrative Agent and for the benefit of the Lenders, an amount in Dollars in cash equal to the Revolving L/C
Exposure as of such date plus any accrued and unpaid interest thereon; provided that, upon the occurrence of any Event of Default with respect to the Borrower described in clause (h) or (i) of Section 7.01, the obligation to
deposit such cash collateral shall become effective immediately, and such deposit shall become immediately due and payable in Dollars, without demand or other notice of any kind. The Borrower also shall deposit cash collateral pursuant to this
paragraph as and to the extent required by Section 2.11(b). Each such deposit pursuant to this paragraph or pursuant to Section 2.11(b) shall be held by the Administrative Agent as collateral for the payment and performance of the
obligations of the Borrower under this Agreement. The Administrative Agent shall have exclusive dominion and control, including the exclusive right of withdrawal, over such account. Other than any interest earned on the investment of such deposits,
which investments shall be made at the option and sole discretion of (i) for so long as an Event of Default shall be continuing, the Administrative Agent and (ii) at any other time, the Borrower, in each case, in Permitted Investments and
at the risk and expense of the Borrower, such deposits shall not bear interest. Interest or profits, if any, on such investments shall accumulate in such account. Moneys in such account shall be applied by the Administrative Agent to reimburse each
Issuing Bank for L/C Disbursements for which such Issuing Bank has not been reimbursed and, to the extent not so applied, shall be held for the satisfaction of the reimbursement obligations of the Borrower for the Revolving L/C Exposure at such time
or, if the maturity of the Loans has been accelerated (but subject to the consent of Revolving Facility Lenders with Revolving L/C Exposure representing greater than 50% of the total Revolving L/C Exposure), be applied to satisfy other obligations
of the Borrower under this Agreement. If the Borrower is required to provide an amount of cash collateral hereunder as a result of the occurrence of an Event of Default, such amount (to the extent not applied as aforesaid) shall be returned to the
Borrower within three Business Days after all Events of Default have been cured or waived. If the Borrower is required to provide an amount of cash collateral hereunder pursuant to 

  
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Section 2.11(b), such amount (to the extent not applied as aforesaid) shall be returned to the Borrower as and to the extent that, after giving effect to such return, the Borrower would
remain in compliance with Section 2.11(b) and no Event of Default shall have occurred and be continuing. 

(k)      Additional Issuing Banks.  From time to time, the Borrower may by notice to the
Administrative Agent designate up to three Lenders (in addition to the Issuing Banks referred to in clauses (a), (b), (c), (d) and (e) in the definition of “Issuing Bank”) that agree (in their sole discretion) to act in such
capacity and are reasonably satisfactory to the Administrative Agent as Issuing Banks. Each such additional Issuing Bank shall execute a counterpart of this Agreement upon the approval of the Administrative Agent (which approval shall not be
unreasonably withheld) and shall thereafter be an Issuing Bank hereunder for all purposes. To the extent that any additional Issuing Bank becomes a party to this Agreement, then the Administrative Agent, in consultation with all Issuing Banks, shall
amend and replace Schedule 2.05(a) accordingly, notwithstanding anything to the contrary contained in Section 9.08 (it being understood that no consent of the Lenders or the Borrower shall be required to amend and replace such schedule).

 (l)       Reporting.  Unless otherwise requested by the Administrative Agent, each
Issuing Bank shall (i) provide to the Administrative Agent copies of any notice received from the Borrower pursuant to Section 2.05(b) no later than the next Business Day after receipt thereof and (ii) report in writing to the
Administrative Agent (A) on or prior to each Business Day on which such Issuing Bank expects to issue, amend, renew or extend any Letter of Credit, the date of such issuance, amendment, renewal or extension, and the aggregate face amount of the
Letters of Credit to be issued, amended, renewed or extended by it and outstanding after giving effect to such issuance, amendment, renewal or extension occurred (and whether the amount thereof changed), and the Issuing Bank shall be permitted to
issue, amend, renew or extend such Letter of Credit if the Administrative Agent shall not have advised the Issuing Bank that such issuance, amendment, renewal or extension would not be in conformity with the requirements of this Agreement,
(B) on each Business Day on which such Issuing Bank makes any L/C Disbursement, the date of such L/C Disbursement and the amount of such L/C Disbursement and (C) on any other Business Day, such other information as the Administrative Agent
shall reasonably request, including but not limited to prompt verification of such information as may be requested by the Administrative Agent. 

(m)     Existing Letters of Credit.  The parties hereto agree that the Existing Letters of Credit
shall be deemed Letters of Credit for all purposes under this Agreement, without any further action by the Borrower. 
 SECTION
2.06          Funding of Borrowings. 

(a)      Each Lender shall make each Loan to be made by it hereunder on the proposed date thereof by wire
transfer of immediately available funds by 12:00 noon, Local Time, to the account of the Administrative Agent most recently designated by it for such purpose by notice to the Lenders; provided that Swingline Loans shall be made as provided in
Section 2.04. The Administrative Agent will make such Loans available to the Borrower by promptly crediting the amounts so received, in like funds, to an account of the Borrower 

  
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maintained with the Administrative Agent in New York City, and designated by the Borrower in the Borrowing Request; provided that ABR Revolving Loans and Swingline Borrowings made to
finance the reimbursement of a L/C Disbursement and reimbursements as provided in Section 2.05(e) shall be remitted by the Administrative Agent to the applicable Issuing Bank. 

(b)      Unless the Agent shall have received notice from a Lender prior to the proposed date of any Borrowing
that such Lender will not make available to the Administrative Agent such Lender’s share of such Borrowing, the Administrative Agent may assume that such Lender has made such share available on such date in accordance with paragraph (a) of
this Section and may, in reliance upon such assumption, make available to the Borrower a corresponding amount. In such event, if a Lender has not in fact made its share of the applicable Borrowing available to the Administrative Agent, then the
applicable Lender and the Borrower severally agree to pay to the Administrative Agent forthwith on demand (without duplication) such corresponding amount with interest thereon, for each day from and including the date such amount is made available
to the Borrower to but excluding the date of payment to the Administrative Agent, at (i) in the case of such Lender, the greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking industry
rules on interbank compensation or (ii) in the case of the Borrower, the interest rate applicable to ABR Loans. If such Lender pays such amount to the Administrative Agent, then such amount shall constitute such Lender’s Loan included in
such Borrowing. 
 SECTION 2.07          Interest Elections. 

(a)      Each Borrowing initially shall be of the Type specified in the applicable Borrowing Request and, in
the case of a Eurocurrency Borrowing, shall have an initial Interest Period as specified in such Borrowing Request. Thereafter, the Borrower may elect to convert such Borrowing to a different Type, or to continue such Borrowing and, in the case of a
Eurocurrency Borrowing, may elect Interest Periods therefor, all as provided in this Section. The Borrower may elect different options with respect to different portions of the affected Borrowing, in which case each such portion shall be allocated
ratably among the Lenders holding the Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing. This Section shall not apply to Swingline Borrowings, which may not be converted or
continued. 
 (b)      To make an election pursuant to this Section, the Borrower shall notify the
Administrative Agent of such election by telephone by the time that a Borrowing Request would be required under Section 2.03 if the Borrower were requesting a Borrowing of the Type resulting from such election to be made on the effective date
of such election. Each such telephonic Interest Election Request shall be irrevocable and shall be confirmed promptly by hand delivery or telecopy to the Administrative Agent of a written Interest Election Request in a form approved by the
Administrative Agent and signed by the Borrower. 
 (c)      Each telephonic and written Interest Election
Request shall specify the following information in compliance with Section 2.02: 

 (i)      the Borrowing to which such Interest Election Request applies and, if different
options are being elected with respect to different portions thereof, the portions 

  
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thereof to be allocated to each resulting Borrowing (in which case the information to be specified pursuant to clauses (iii) and (iv) below shall be specified for each resulting
Borrowing); 
  (ii)       the
effective date of the election made pursuant to such Interest Election Request, which shall be a Business Day; 

(iii)       whether the resulting
Borrowing is to be an ABR Borrowing or a Eurocurrency Borrowing; and 
 (iv)       if the resulting Borrowing is a Eurocurrency Borrowing, the Interest Period to be applicable thereto after giving effect to such election. 

If any such Interest Election Request requests a Eurocurrency Borrowing but does not specify an Interest Period, then the Borrower shall be deemed to have
selected an Interest Period of one month’s duration. 
  (d)       Promptly following receipt
of an Interest Election Request, the Administrative Agent shall advise each Lender to which such Interest Election Request relates of the details thereof and of such Lender’s portion of each resulting Borrowing. 

 (e)       If the Borrower fails to deliver a timely Interest Election Request with respect to a
Eurocurrency Borrowing prior to the end of the Interest Period applicable thereto, then, unless such Borrowing is repaid as provided herein, at the end of such Interest Period such Borrowing shall be converted to an ABR Borrowing. Notwithstanding
any contrary provision hereof, if an Event of Default has occurred and is continuing and the Administrative Agent, at the written request (including a request through electronic means) of the Required Lenders, so notifies the Borrower, then, so long
as an Event of Default is continuing (i) no outstanding Borrowing may be converted to or continued as a Eurocurrency Borrowing and (ii) unless repaid, each Eurocurrency Borrowing shall be converted to an ABR Borrowing at the end of the
Interest Period applicable thereto. 
  SECTION 2.08          Termination and
Reduction of Commitments. 
  (a)       Unless previously terminated, the Revolving Facility
Commitments shall terminate on the Revolving Facility Maturity Date. The Term B Loan Commitments (but not the Additional Term Loan Commitments) shall terminate upon the making of the Term B Loans pursuant to Section 2.01. 

 (b)       The Borrower may at any time terminate, or from time to time reduce, the Commitments under
any Facility; provided that (i) each reduction of the Commitments under any Facility shall be in an amount that is an integral multiple of $1 million and not less than $5 million (or, if less, the remaining amount of any Revolving
Facility Commitments), (ii) the Borrower shall not terminate or reduce the Revolving Facility Commitments if, after giving effect to any concurrent prepayment of the Revolving Facility Loans in accordance with Section 2.11, the Revolving
Facility Credit Exposure would exceed the total Revolving Facility Commitments, and (iii) the Extended Maturity Revolving Facility Commitments of each Extended Maturity Revolving Facility Lender that indicated its acceptance of a reduction of
its 

  
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Extended Maturity Revolving Facility Commitments on its signature page to the Amendment Agreement (including any subsequent assignees pursuant to Section 9.04) by 25% of the total amount of
such Extended Maturity Revolving Facility Commitments then outstanding shall automatically be reduced by such amount on the Fifth Amendment Effective Date; provided that, if as a result of any reduction, the Extended Maturity Revolving
Facility Exposure exceeds the total Extended Maturity Revolving Facility Commitments, the Borrower shall prepay the Extended Maturity Revolving Facility Commitments in accordance with Section 2.11 such that the Extended Maturity Revolving
Facility Exposure would not exceed the total Extended Maturity Revolving Facility Commitments. 

(c)      The Borrower shall notify the Administrative Agent of any election to terminate or reduce the
Revolving Facility Commitments under paragraph (b) of this Section at least three Business Days prior to the effective date of such termination or reduction, specifying such election and the effective date thereof. Promptly following receipt of
any notice, the Administrative Agent shall advise the applicable Lenders of the contents thereof. Each notice delivered by the Borrower pursuant to this Section shall be irrevocable; provided that a notice of termination of the Revolving
Facility Commitments delivered by the Borrower may state that such notice is conditioned upon the effectiveness of other credit facilities, in which case such notice may be revoked by the Borrower (by notice to the Administrative Agent on or prior
to the specified effective date) if such condition is not satisfied. Any termination or reduction of the Commitments shall be permanent. Each reduction of the Commitments under any Facility shall be made ratably among the Lenders in accordance with
their respective Commitments under such Facility, except as provided in Section 2.22. 
 SECTION
2.09          Repayment of Loans; Evidence of Debt. 

(a)      The Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the
account of each Revolving Facility Lender the then unpaid principal amount of each Revolving Facility Loan to the Borrower on the Revolving Facility Maturity Date applicable to such Revolving Facility Loan, (ii) to the Administrative Agent for
the account of each Lender the then unpaid principal amount of the Term B Loan of such Lender as provided in Section 2.10 and (iii) to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the
Revolving Facility Maturity Date and the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least five Business Days after such Swingline Loan is made; provided that on each date that a
Revolving Facility Borrowing is made by the Borrower, the Borrower shall repay all Swingline Loans then outstanding. 

(b)      Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the
indebtedness of the Borrower to such Lender resulting from each Loan made by such Lender, including the amounts of principal and interest payable and paid to such Lender from time to time hereunder. 

(c)      The Administrative Agent shall maintain accounts in which it shall record (i) the amount of each
Loan made hereunder, the Facility and Type thereof and the Interest Period (if any) applicable thereto, (ii) the amount of any principal or interest due and payable or to become due and payable from the Borrower to each Lender hereunder and
(iii) any amount 

  
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received by such Administrative Agent hereunder for the account of the Lenders and each Lender’s share thereof. 

(d)      The entries made in the accounts maintained pursuant to paragraph (b) or (c) of this Section
shall be prima facie evidence of the existence and amounts of the obligations recorded therein; provided that the failure of any Lender or the Administrative Agent to maintain such accounts or any error therein shall not in any manner affect
the obligation of the Borrower to repay the Loans in accordance with the terms of this Agreement. 

(e)      Any Lender may request that Loans made by it be evidenced by a promissory note. In such event, the
Borrower shall prepare, execute and deliver to such Lender a promissory note payable to such Lender or its registered assigns and in a form approved by the Administrative Agent. Thereafter, the Loans evidenced by such promissory note and interest
thereon shall at all times (including after assignment pursuant to Section 9.04) be represented by one or more promissory notes in such form payable to the payee named therein or its registered assigns. 

SECTION 2.10          Repayment of Term B Loans and Revolving Facility Loans. 

(a)      [Reserved.] 

(b)      Subject to adjustment pursuant to paragraph (e) of this Section, the Borrower shall repay Term B
Loan Borrowings on each March 31, June 30, September 30 and December 31 prior to the Term B Loan Maturity Date (each such date being referred to as a “Term B Loan Installment Date”) in an aggregate
principal amount of 0.25% of the aggregate principal amount of the Term B Loans on the Closing Date. 

(c)      In the event that any Additional Term Loans are made on an Increased Amount Date, the amount due on
each Term B Loan Installment Date, as applicable occurring after the Increased Amount Date shall be as set forth in the joinder agreement applicable to such Additional Term Loans; provided that (x) the weighted average life to maturity
of such Additional Term Loans shall not be shorter than the weighted average life to maturity of the Term B Loans and (y) the stated maturity date of such Additional Term Loans shall be no earlier than the Term B Loan Maturity Date. 

(d)      To the extent not previously paid all Term B Loans shall be due and payable on the Term B Loan
Maturity Date. 
 (e)      Prepayment of the Term B Loan Borrowings in the amount of Section 2.11(c)
Excess Net Cash Proceeds pursuant to Section 2.11(c), in the amount of Section 2.11(d) Excess Proceeds pursuant to Section 2.11(d) or in the amount of Section 2.11(e) Net Cash Proceeds pursuant to Section 2.11(e) shall be
applied ratably to each Class of Term B Loans, first, to reduce the scheduled amortization payments in respect of Term B Loan Borrowings of such Class of Term B Loans due over the succeeding twenty-four (24) months immediately following the
event giving rise to such prepayment and, second, to reduce the remaining scheduled amortization payments in respect of Term B Loan Borrowings of such Class of Term 

  
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B Loans on a pro rata basis (based on the amount of such amortization payments). Any optional prepayments pursuant to Section 2.11(a) shall be applied pro rata to such Class of Term B Loans
as may be directed by the Borrower to reduce the remaining scheduled amortization payments in respect of such Class of Term B Loans. 

(f)      Any Lender holding Term B Loans may elect, on not less than two Business Days’ prior written
notice to the Administrative Agent with respect to any mandatory prepayment made pursuant to Section 2.11(c), (d) or (e), not to have such prepayment applied to such Lender’s Term B Loans, in which case, the full amount not so applied
shall be retained by the Borrower. 
 (g)      Prior to any repayment of any Borrowing under any Facility
hereunder, the Borrower shall select the Borrowing or Borrowings under the applicable Facility to be repaid and shall notify the Administrative Agent by telephone (confirmed by telecopy) of such selection not later than 2:00 p.m., Local Time,
(i) in the case of an ABR Borrowing, one Business Day before the scheduled date of such repayment and (ii) in the case of a Eurocurrency Borrowing, three Business Days before the scheduled date of such repayment. Each repayment of a
Borrowing (x) in the case of a Revolving Facility, shall be applied to the Revolving Facility Loans included in the repaid Borrowing such that each Revolving Facility Lender receives its ratable share of such repayment (based upon the
respective Revolving Facility Credit Exposures of the applicable Class of the Revolving Facility Lenders at the time of such repayment) and (y) in all other cases, shall be applied ratably to the Loans included in the repaid Borrowing.
Notwithstanding anything to the contrary in the immediately preceding sentence, prior to any repayment of a Swingline Borrowing hereunder, the Borrower, shall select the Borrowing or Borrowings to be repaid and shall notify the Administrative Agent
by telephone (confirmed by telecopy) of such selection not later than 1:00 p.m., Local Time, on the scheduled date of such repayment. Repayments of Borrowings shall be accompanied by accrued interest on the amount repaid. 

SECTION 2.11          Prepayment of Loans. 

(a)      The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole
or in part, without premium or penalty (but subject to Section 2.16), in an aggregate principal amount that is an integral multiple of the Borrowing Multiple and not less than the Borrowing Minimum or, if less, the amount outstanding, subject
to prior notice in accordance with Section 2.10(g). 
 (b)      In the event and on such occasion that
the Revolving Facility Credit Exposure exceeds the total Revolving Facility Commitments, the Borrower under the Revolving Facility shall prepay Revolving Facility Borrowings or Swingline Borrowings (or, if no such Borrowings are outstanding, deposit
cash collateral in an account with the Administrative Agent pursuant to Section 2.05(j)) made to the Borrower, in an aggregate amount equal to the amount by which the Revolving Facility Credit Exposure exceeds the total Revolving Facility
Commitments. 
 (c)      In the event that the Net Cash Proceeds (including the Fair Market Value of noncash
proceeds) received in any fiscal year of the Borrower from any Asset Dispositions 

  
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permitted by Section 6.05(i) and Casualty and Condemnation Awards made on or after the Third Amendment Effective Date exceed the greater of $1,500 million and 15% of Consolidated Tangible
Assets as of the end of such fiscal year as determined upon delivery of annual financial statements pursuant to Section 5.04(a) (any such excess, the “Gross Proceeds Asset Disposition Excess”), the amount, if any, of Net Cash
Proceeds received in such fiscal year from such Asset Dispositions (but not more than the Gross Proceeds Asset Disposition Excess) (such excess Net Cash Proceeds, the “Section 2.11(c) Excess Net Cash Proceeds”) shall be applied, not
later than five (5) Business Days after the delivery of such annual financial statements, to prepay Term B Loans in accordance with Section 2.10(e). If the amount of Section 2.11(c) Excess Net Cash Proceeds exceeds the amount of Term
B Loans then outstanding, the Revolving Facility Commitments shall be reduced by the amount of such excess in accordance with Section 2.08(b). 

(d)      In the event that the aggregate gross proceeds (including the Fair Market Value of noncash proceeds)
of any Intracompany Disposals made on or after the Third Amendment Effective Date exceed $500 million, any aggregate gross proceeds in excess of such amount (such excess gross proceeds, the “Section 2.11(d) Excess Proceeds”) shall
be treated as Net Cash Proceeds and, not later than five (5) Business Days after the receipt of the Section 2.11(d) Excess Proceeds, the Borrower shall prepay Term B Loans in the amount of the Section 2.11(d) Excess Proceeds in
accordance with Section 2.10(e). If the amount of Section 2.11(d) Excess Proceeds exceeds the amount of Term B Loans then outstanding, the Revolving Facility Commitments shall be reduced by the amount of such excess in accordance with
Section 2.08(b) 
 (e)      In the event that the Borrower or any Restricted Subsidiary receives any Net
Cash Proceeds described in clause (b) of the definition thereof on or after the Third Amendment Effective Date (the “Section 2.11(e) Net Cash Proceeds”), not later than five (5) Business Days after the receipt of the
Section 2.11(e) Net Cash Proceeds, the Borrower shall prepay Term B Loans in the amount of the Section 2.11(e) Net Cash Proceeds in accordance with Section 2.10(e). If the amount of Section 2.11(e) Net Cash Proceeds exceeds the
amount of Term B Loans then outstanding, the Revolving Facility Commitments shall be reduced by the amount of such excess in accordance with Section 2.08(b). 

SECTION 2.12          Fees. 

(a)      The Borrower agrees to pay to each Lender (other than any Defaulting Lender), through the
Administrative Agent, ten (10) Business Days after the last day of March, June, September and December in each year, and three (3) Business Days after the date on which the Revolving Facility Commitments of all the Lenders shall be
terminated as provided herein, a commitment fee as set forth in the definition of Applicable Margin (a “Commitment Fee”) on the daily amount of the Available Unused Commitment of such Lender during the preceding quarter (or other
period commencing with the Third Amendment Effective Date or ending with the date on which the last of the Commitments of such Lender shall be terminated). 

All Commitment Fees shall be computed on the basis of the actual number of days elapsed in a year of 360 days. For the purpose of calculating
any Lender’s Commitment Fee, the outstanding Swingline Loans during the period for which such Lender’s Commitment Fee is calculated shall be deemed to be zero. The Commitment Fee due to each Lender shall

  
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begin to accrue on the Third Amendment Effective Date and shall cease to accrue on the date on which the last of the Commitments of such Lender shall be terminated as provided herein. 

(b)      The Borrower from time to time agrees to pay (i) to each Revolving Facility Lender (other than
any Defaulting Lender), through the Administrative Agent, ten (10) Business Days after the last day of March, June, September and December of each year and three (3) Business Days after the date on which the Revolving Facility Commitments
of all the Lenders shall be terminated as provided herein, a fee (an “L/C Participation Fee”) on such Lender’s Revolving Facility Percentage of the daily aggregate Revolving L/C Exposure (excluding the portion thereof
attributable to unreimbursed L/C Disbursements), during the preceding quarter (or shorter period commencing with the Third Amendment Effective Date or ending with the Revolving Facility Maturity Date or the date on which the Revolving Facility
Commitments shall be terminated) at the rate per annum equal to the Applicable Margin for Eurocurrency Revolving Facility Borrowings effective for each day in such period and (ii) to each Issuing Bank, for its own account, (x) ten
(10) Business Days after the last day of March, June, September and December of each year and three (3) Business Days after the date on which the Revolving Facility Commitments of all the Lenders shall be terminated as provided herein, a
fronting fee in respect of each Letter of Credit issued by such Issuing Bank for the period from and including the date of issuance of such Letter of Credit to and including the termination of such Letter of Credit, computed at a rate equal to
0.125% (or such other percentage to be mutually agreed upon between the Borrower and the applicable Issuing Lender) per annum of the daily average stated amount of such Letter of Credit), plus (y) in connection with the issuance, amendment or
transfer of any such Letter of Credit or any L/C Disbursement thereunder, such Issuing Bank’s customary documentary and processing charges (collectively, “Issuing Bank Fees”). All L/C Participation Fees and Issuing Bank Fees
that are payable on a per annum basis shall be computed on the basis of the actual number of days elapsed in a year of 360 days. 

(c)      The Borrower agrees to pay to the Administrative Agent, for the account of the Administrative Agent,
the fees set forth in the Fee Letter (the “Administrative Agent Fees”). 

(d)      [Reserved]. 

(e)      [Reserved]. 

(f)       All Fees shall be paid on the dates due, in immediately available funds, to the Administrative
Agent for distribution, if and as appropriate, among the Lenders, except that Issuing Bank Fees shall be paid directly to the applicable Issuing Banks. Once paid, none of the Fees shall be refundable under any circumstances. 

SECTION 2.13          Interest. 

(a)      The Loans comprising each ABR Borrowing (including each Swingline Loan) shall bear interest at the
Alternate Base Rate plus the Applicable Margin. 

  
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 (b)      The Loans comprising each Eurocurrency Borrowing shall
bear interest at the Adjusted LIBO Rate for the Interest Period in effect for such Borrowing plus the Applicable Margin. 

(c)      Notwithstanding the foregoing, if any principal of or interest on any Loan or any Fees or other amount
payable by the Borrower hereunder is not paid when due, whether at stated maturity, upon acceleration or otherwise, such overdue amount shall bear interest, after as well as before judgment, at a rate per annum equal to (i) in the case of
overdue principal of any Loan, 2% plus the rate otherwise applicable to such Loan as provided in the preceding paragraphs of this Section or (ii) in the case of any other overdue amount, 2% plus the rate applicable to ABR Loans as provided in
paragraph (a) of this Section; provided that this paragraph (c) shall not apply to any Event of Default that has been waived by the Lenders pursuant to Section 9.08. 

(d)      Accrued interest on each Loan shall be payable in arrears (i) on each Interest Payment Date for
such Loan, (ii) in the case of Revolving Facility Loans, upon termination of the Revolving Facility Commitments and (iii) in the case of the Term B Loans, on the Term B Loan Maturity Date; provided that (i) interest accrued
pursuant to paragraph (c) of this Section shall be payable on demand, (ii) in the event of any repayment or prepayment of any Loan (other than a prepayment of an ABR Revolving Loan prior to the end of the Availability Period), accrued
interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment and (iii) in the event of any conversion of any Eurocurrency Loan prior to the end of the current Interest Period therefor, accrued
interest on such Loan shall be payable on the effective date of such conversion. 
 (e)      All interest
hereunder shall be computed on the basis of a year of 360 days, except that interest computed by reference to the Alternate Base Rate at times when the Alternate Base Rate is based on the Base Rate shall be computed on the basis of a year of
365 days (or 366 days in a leap year), and in each case shall be payable for the actual number of days elapsed (including the first day but excluding the last day). The applicable Alternate Base Rate, Adjusted LIBO Rate or LIBO Rate shall
be determined by the Administrative Agent, and such determination shall be conclusive absent manifest error. 
 SECTION
2.14          Alternate Rate of Interest.  If prior to the commencement of any Interest Period for a Eurocurrency Borrowing denominated in any currency: 

(a)      the Administrative Agent determines (which determination shall be conclusive absent
manifest error) that adequate and reasonable means do not exist for ascertaining the Adjusted LIBO Rate or the LIBO Rate, as applicable, for such Interest Period; or 

(b)      the Administrative Agent is advised by the Required Lenders or the Majority Lenders
under the Revolving Facility that the Adjusted LIBO Rate or the LIBO Rate, as applicable, for such Interest Period will not adequately and fairly reflect the cost to such Lenders of making or maintaining their Loans included in such Borrowing for
such Interest Period; 

  
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 then the Administrative Agent shall give notice thereof to the Borrower and the Lenders by telephone or telecopy
as promptly as practicable thereafter and, until the Administrative Agent notifies the Borrower and the Lenders that the circumstances giving rise to such notice no longer exist, (i) any Interest Election Request that requests the conversion of
any Borrowing to, or continuation of any Borrowing as, a Eurocurrency Borrowing shall be ineffective and such Borrowing shall be converted to or continued as on the last day of the Interest Period applicable thereto an ABR Borrowing and (ii) if
any Borrowing Request requests a Eurocurrency Borrowing, such Borrowing shall be made as an ABR Borrowing or, if requested by the Borrower, shall be made as a Borrowing bearing interest at such rate as the Majority Lenders under the Revolving
Facility shall agree adequately reflects the costs to the Revolving Facility Lenders of making the Loans comprising such Borrowing. 

 SECTION 2.15          Increased Costs. 

 (a)      If any Change in Law shall: 

  (i)      impose, modify or deem applicable any reserve, special deposit or similar
requirement against assets of, deposits with or for the account of, or credit extended by, any Lender or Issuing Bank; 

 (ii)      subject any Lender or Issuing Bank to any Tax of any kind whatsoever with
respect to any Loan Document, or any Loan made or to be made by such Lender, or any participation in any Letter of Credit, or the issuance by the Issuing Bank of any Letter of Credit, or the performance by such Lender or the Issuing Bank of its
obligations under any Loan Document, or change the basis of Tax applicable to payments to any Lender or the LC Issuing Bank in respect thereof (except for Indemnified Taxes or Other Taxes covered by Section 2.17 and any tax on net income,
profits or overall gross receipts, including but not limited to any Excluded Tax payable by such Lender or the Issuing Bank); or 

(iii)     impose on any Lender or Issuing Bank or the London interbank market any other condition,
cost or expense affecting this Agreement or Eurocurrency Loans made by such Lender or any Letter of Credit or participation therein; 
 and the result of
any of the foregoing shall be to increase the cost to such Lender of making, continuing, converting to or maintaining any Eurocurrency Loan (or of maintaining its obligation to make any such Loan) or to increase the cost to such Lender or Issuing
Bank of participating in, issuing or maintaining any Letter of Credit or to reduce the amount of any sum received or receivable by such Lender or Issuing Bank hereunder (whether of principal, interest or otherwise), then the Borrower will pay to
such Lender or Issuing Bank, as applicable, such additional amount or amounts as will compensate such Lender or Issuing Bank, as applicable, for such additional costs incurred or reduction suffered. 

 (b)      If any Lender or Issuing Bank determines that any Change in Law regarding capital or liquidity
requirements has or would have the effect of reducing the rate of return on such Lender’s or Issuing Bank’s capital or on the capital of such Lender’s or Issuing Bank’s holding company, if any, as a consequence of this Agreement
or the Loans made by, or 

  
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participations in Letters of Credit held by, such Lender, or the Letters of Credit issued by such Issuing Bank, to a level below that which such Lender or such Issuing Bank or such Lender’s
or such Issuing Bank’s holding company could have achieved but for such Change in Law (taking into consideration such Lender’s or such Issuing Bank’s policies and the policies of such Lender’s or such Issuing Bank’s holding
company with respect to capital adequacy), then from time to time the Borrower (in the case of a Loan) or the Borrower (in the case of a Letter of Credit) shall pay to such Lender or such Issuing Bank, as applicable, such additional amount or
amounts as will compensate such Lender or such Issuing Bank or such Lender’s or such Issuing Bank’s holding company for any such reduction suffered. 

(c)      A certificate of a Lender or an Issuing Bank setting forth the amount or amounts necessary to
compensate such Lender or Issuing Bank or its holding company, as applicable, as specified in paragraph (a) or (b) of this Section shall be delivered to the Borrower and shall be conclusive absent manifest error. The Borrower shall pay
such Lender or Issuing Bank, as applicable, the amount shown as due on any such certificate within ten (10) days after receipt thereof. 

(d)      Promptly after any Lender or any Issuing Bank has determined that it will make a request for increased
compensation pursuant to this Section 2.15, such Lender or Issuing Bank shall notify the Borrower thereof. Failure or delay on the part of any Lender or Issuing Bank to demand compensation pursuant to this Section shall not constitute a waiver
of such Lender’s or Issuing Bank’s right to demand such compensation; provided that the Borrower shall not be required to compensate a Lender or an Issuing Bank pursuant to this Section for any increased costs or reductions incurred
more than 180 days prior to the date that such Lender or Issuing Bank, as applicable, notifies the Borrower of the Change in Law giving rise to such increased costs or reductions and of such Lender’s or Issuing Bank’s intention to
claim compensation therefor; provided, further, that, if the Change in Law giving rise to such increased costs or reductions is retroactive, then the 180-day period referred to above shall be extended to include the period of
retroactive effect thereof. 
 (e)      Notwithstanding any other provision of this Section, no Lender shall
demand compensation for any increased cost or reduction pursuant to this Section if it shall not at the time be the general policy and practice of such Lender to demand such compensation in similar circumstances under comparable provisions of other
credit agreements. 
 SECTION 2.16          Break Funding Payments.  In
the event of (a) the payment of any principal of any Eurocurrency Loan other than on the last day of an Interest Period applicable thereto (including as a result of an Event of Default), (b) the conversion of any Eurocurrency Loan other
than on the last day of the Interest Period applicable thereto, (c) the failure to borrow, convert, continue or prepay any Eurocurrency Loan on the date specified in any notice delivered pursuant hereto or (d) the assignment of any
Eurocurrency Loan other than on the last day of the Interest Period applicable thereto as a result of a request by the Borrower pursuant to Section 2.19, then, in any such event, the Borrower shall compensate each Lender for the loss, cost and
expense attributable to such event. In the case of a Eurocurrency Loan, such loss, cost or expense to any Lender shall be deemed to be the amount determined by such Lender to be the excess, if any, of (i) the amount of interest which would have
accrued on the principal amount of such Loan had such event not occurred, at the Adjusted LIBO Rate that would have 

  
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been applicable to such Loan, for the period from the date of such event to the last day of the then current Interest Period therefor (or, in the case of a failure to borrow, convert or continue
a Eurocurrency Loan, for the period that would have been the Interest Period for such Loan), over (ii) the amount of interest which would accrue on such principal amount for such period at the interest rate which such Lender would bid were it
to bid, at the commencement of such period, for deposits in Dollars of a comparable amount and period from other banks in the eurodollar market. A certificate of any Lender setting forth any amount or amounts that such Lender is entitled to receive
pursuant to this Section shall be delivered to the Borrower and shall be conclusive absent manifest error. The Borrower shall pay such Lender the amount shown as due on any such certificate within ten (10) days after receipt thereof. 

SECTION 2.17          Taxes. 

(a)      Any and all payments by or on account of any obligation of any Loan Party under any Loan Document
shall be made free and clear of and without deduction for any Taxes; provided that, if a Loan Party, the Administrative Agent or another applicable withholding agent shall be required to deduct any Tax from any such payment, then (i) if
such Tax is an Indemnified Tax or Other Tax, the sum payable by the applicable Loan Party shall be increased as necessary so that after all required deductions have been made (including deductions applicable to additional sums payable under
this Section 2.17) any Agent, Lender or Issuing Bank, as applicable, receives an amount equal to the sum it would have received had no such deductions for Indemnified Taxes and Other Taxes been made, (ii) the applicable withholding agent
shall make such deductions and (iii) the applicable withholding agent shall timely pay the full amount deducted to the relevant Governmental Authority in accordance with applicable law. 

(b)      In addition, the Loan Parties shall pay any Other Taxes to the relevant Governmental Authority in
accordance with applicable law. 
 (c)      Each Loan Party shall, jointly and severally, indemnify the
Agents, each Lender and each Issuing Bank, within ten (10) days after written demand therefor, for the full amount of any Indemnified Taxes payable by such Agent, Lender or Issuing Bank, as applicable, on or with respect to any payment by or on
account of any obligation of any Loan Party under any Loan Document and any Other Taxes (including any Indemnified Taxes or Other Taxes imposed or asserted on or attributable to amounts payable under this Section 2.17) and any reasonable
expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes or Other Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or
liability delivered to a Loan Party by a Lender or an Issuing Bank, or by the Administrative Agent on its own behalf, on behalf of another Agent or on behalf of a Lender or an Issuing Bank, shall be conclusive absent manifest error. If a Loan Party
determines in good faith that a reasonable basis exists for contesting any Indemnified Taxes or Other Taxes for which indemnification payments have been made under this Section 2.17(c), the Administrative Agent, Issuing Bank, or Lender (as
applicable) shall use reasonable efforts to cooperate with the Loan Party in challenging such Indemnified Taxes or Other Taxes, at the Loan Party’s expense, if so requested by the Loan Party in writing; provided that nothing in this
Section 2.17(c) shall obligate the Administrative 

  
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Agent, Issuing Bank, or any Lender to take any action that, in its reasonable judgment, would be materially disadvantageous to such Person. 

(d)      As soon as practicable after any payment of Indemnified Taxes or Other Taxes by a Loan Party to a
Governmental Authority, such Loan Party shall deliver to the Administrative Agent the original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of the return reporting such payment or other
evidence of such payment reasonably satisfactory to the Administrative Agent. 
 (e)      Each Lender shall,
at such times as are reasonably requested by the Borrower or the Administrative Agent (or other applicable withholding agent), provide the applicable withholding agent with any documentation prescribed by applicable law or reasonably requested by
the applicable withholding agent certifying as to any entitlement of such Lender to an exemption from, or reduction in, withholding Taxes with respect to any payments to be made to such Lender under any Loan Document. Each such Lender shall,
whenever a lapse in time or change in circumstances renders such documentation (including any specific documentation required below in this Section 2.17(e)) obsolete, expired or inaccurate in any material respect, deliver promptly to the
applicable withholding agent updated or other appropriate documentation (including any new documentation reasonably requested by such applicable withholding agent certifying as to any entitlement of such Lender to an exemption from, or reduction in,
withholding Taxes with respect to any payments to be made to such Lender under any Loan Document) or promptly notify the applicable withholding agent in writing of its legal ineligibility to do so. 

Without limiting the foregoing: 

 (i)      Each U.S. Lender shall deliver to the Borrower and the Administrative Agent (or
other applicable withholding agent) on or before the date on which it becomes a party to this Agreement two properly completed and duly signed original copies of Internal Revenue Service Form W-9 certifying that such Lender is exempt from U.S.
federal backup withholding. 
 (ii)      Each Foreign Lender shall deliver to the Borrower and
the Administrative Agent (or other applicable withholding agent) on or before the date on which it becomes a party to this Agreement (and from time to time thereafter upon the request of the applicable withholding agent) whichever of the following
is applicable: 
 (A)      two properly completed and duly signed original copies of Internal
Revenue Service Form W-8BEN (or any successor forms) claiming eligibility for the benefits of an income tax treaty to which the United States is a party, and such other documentation as required under the Code, 

(B)      two properly completed and duly signed original copies of Internal Revenue Service
Form W-8ECI (or any successor forms), 
 (C)      in the case of a Foreign Lender that is not
a bank described in Section 881(c)(3)(A) of the Code and that is entitled to claim the benefits of the 

  
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exemption for portfolio interest under Section 871(h) or Section 881(c) of the Code, (A) two properly completed and duly signed certificates substantially in the form of
Exhibit F-1, Exhibit F-2, Exhibit F-3 or Exhibit F-4 (any such certificate, a “United States Tax Compliance Certificate”) and (B) two properly completed and duly signed original copies
of Internal Revenue Service Form W-8BEN (or any successor forms) certifying such Foreign Lender’s non-U.S. status, 

(D)      to the extent a Foreign Lender is not the beneficial owner (for example, where the
Foreign Lender is a partnership or a participating Lender), Internal Revenue Service Form W-8IMY (or any successor forms) of the Foreign Lender, accompanied by a Form W-8ECI, W-8BEN, United States Tax Compliance Certificate, Form W-9, Form W-8IMY or
any other required information (or any successor forms) from each direct or indirect beneficial owner that would be required under this Section 2.17(e) if such beneficial owner were a Lender, as applicable (provided that, if the Foreign
Lender is a partnership (and not a participating Lender) and one or more of its direct or indirect partners are claiming the portfolio interest exemption, the United States Tax Compliance Certificate may be provided by such Foreign Lender on behalf
of such direct or indirect partners), and/or 
 (E)       two properly completed and duly signed original copies of any other form prescribed by applicable U.S. federal income tax laws (including the Treasury Regulations) as a basis for claiming a
complete exemption from, or a reduction in, United States federal withholding tax on any payments to such Lender under the Loan Documents. 

  (iii)       If a payment made to a Lender under any Loan Document would be
subject to U.S. federal withholding Tax imposed by FATCA if such Lender were to fail to comply with the applicable requirements of those Code Sections (including those contained in Sections 1471(b) or 1472(b) of the Code, as applicable), such Lender
shall deliver to the Borrower and the Administrative Agent (or other applicable withholding agent) at the time or times prescribed by applicable law and at such time or times reasonably requested by the applicable withholding agent such
documentation prescribed by applicable law (including as prescribed by Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by the applicable withholding agent as may be necessary (as determined by the
applicable withholding agent) (A) for the applicable withholding agent to comply with its obligations under FATCA and (B) to determine whether such Lender has or has not complied with such Lender’s obligations under FATCA and, if
necessary, to determine the amount to deduct and withhold from such payment. 
 Notwithstanding any other provision of this
Section 2.17(e), a Lender shall not be required to deliver any form that such Lender is not legally eligible to deliver. 

(f)       If an Agent or a Lender determines, in good faith and in its sole discretion, that it has
received a refund of any Indemnified Taxes or Other Taxes as to which it has been indemnified by a Loan Party or with respect to which such Loan Party has paid additional 

  
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amounts pursuant to this Section 2.17, it shall pay over such refund to such Loan Party (but only to the extent of indemnity payments made, or additional amounts paid, by such Loan Party
under this Section 2.17 with respect to the Indemnified Taxes or Other Taxes giving rise to such refund), net of all out-of-pocket expenses of such Agent or such Lender (including any Taxes imposed with respect to such refund) as is determined
by the Agent or Lender in good faith and in its sole discretion, and without interest (other than any interest paid by the relevant Governmental Authority with respect to such refund); provided that such Loan Party, upon the request of such
Agent or such Lender, agrees to repay as soon as reasonably practicable the amount paid over to such Loan Party (plus any penalties, interest or other charges imposed by the relevant Governmental Authority) to such Agent or such Lender in the event
such Agent or such Lender is required to repay such refund to such Governmental Authority. This Section shall not be construed to require any Agent or any Lender to make available its Tax returns (or any other information relating to its Taxes which
it deems confidential) to the Loan Parties or any other person. Notwithstanding anything to the contrary in this paragraph (f), in no event will the Administrative Agent or any Lender be required to pay amounts to the Company pursuant to this
paragraph (f) to the extent such payment would place the Administrative Agent or such Lender in a less favorable net after-Tax position than the Administrative Agent or such Lender would have been in if the Indemnified Taxes or Other Taxes
giving rise to such refund had never been imposed. 
 (g)      For the avoidance of doubt, the term
“Lender” shall, for purposes of this Section 2.17, include without limitation any Swingline Lender and Issuing Bank. 

SECTION 2.18          Payments Generally; Pro Rata Treatment; Sharing of Set-offs.

 (a)      Unless otherwise specified, the Borrower shall make each payment required to be made by it
hereunder (whether of principal, interest, fees or reimbursement of L/C Disbursements, or of amounts payable under Section 2.15, 2.16 or 2.17, or otherwise) prior to 2:00 p.m., Local Time, on the date when due, in immediately available
funds, without condition or deduction for any defense, recoupment, set-off or counterclaim. Any amounts received after such time on any date may, in the discretion of the Administrative Agent, be deemed to have been received on the next succeeding
Business Day for purposes of calculating interest thereon. All such payments shall be made to the Administrative Agent to the applicable account designated to the Borrower by each Administrative Agent, except payments to be made directly to the
applicable Issuing Bank or the applicable Swingline Lender as expressly provided herein and except that payments pursuant to Sections 2.15, 2.16, 2.17 and 9.05 shall be made directly to the persons entitled thereto. The Administrative Agent
shall distribute any such payments received by it for the account of any other person to the appropriate recipient promptly following receipt thereof. If any payment hereunder shall be due on a day that is not a Business Day, the date for payment
shall be extended to the next succeeding Business Day, and, in the case of any payment accruing interest, interest thereon shall be payable for the period of such extension. All payments hereunder of (i) principal or interest in respect of any
Loan, (ii) reimbursement obligations with respect to any Letter of Credit or (iii) any other amount due hereunder or under another Loan Document shall be made in Dollars. Any payment required to be made by the Administrative Agent
hereunder shall be deemed to have been made by the time required if such Administrative Agent shall, at or before such time, have taken the necessary steps to make such 

  
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payment in accordance with the regulations or operating procedures of the clearing or settlement system used by such Administrative Agent to make such payment. 

(b)      If at any time insufficient funds are received by and available to the Administrative Agent from the
Borrower to pay fully all amounts of principal, unreimbursed L/C Disbursements, interest and fees then due from the Borrower hereunder, such funds shall be applied (i) first, towards payment of interest and fees then due from the
Borrower hereunder, ratably among the parties entitled thereto in accordance with the amounts of interest and fees then due to such parties, and (ii) second, towards payment of principal and unreimbursed L/C Disbursements then due from
the Borrower hereunder, ratably among the parties entitled thereto in accordance with the amounts of principal and unreimbursed L/C Disbursements then due to such parties. 

(c)      If any Lender shall, by exercising any right of set-off or counterclaim or otherwise, obtain payment
in respect of any principal of or interest on any of its Term B Loans, Revolving Facility Loans or participations in L/C Disbursements or Swingline Loans resulting in such Lender receiving payment of a greater proportion of the aggregate amount of
its Term B Loans, Revolving Facility Loans and participations in L/C Disbursements and Swingline Loans and accrued interest thereon than the proportion received by any other Lender under the applicable Facility, then the Lender receiving such
greater proportion shall purchase (for cash at face value) participations in the Term B Loans and Revolving Facility Loans and participations in L/C Disbursements and Swingline Loans of other Lenders to the extent necessary so that the benefit of
all such payments shall be shared by the Lenders ratably in accordance with the aggregate amount of principal of and accrued interest on their respective Term B Loans, Revolving Facility Loans and participations in L/C Disbursements and Swingline
Loans; provided that (i) if any such participations are purchased and all or any portion of the payment giving rise thereto is recovered, such participations shall be rescinded and the purchase price restored to the extent of such
recovery, without interest, and (ii) the provisions of this paragraph (c) shall not be construed to apply to any payment made by the Borrower pursuant to and in accordance with the express terms of this Agreement or any payment obtained by
a Lender as consideration for the assignment of or sale of a participation in any of its Loans or participations in L/C Disbursements to any assignee or participant, other than to the Borrower or any Restricted Subsidiary or Affiliate thereof (as to
which the provisions of this paragraph (c) shall apply). The Borrower consents to the foregoing and agrees, to the extent it may effectively do so under applicable law, that any Lender acquiring a participation pursuant to the foregoing
arrangements may exercise against the Borrower rights of set-off and counterclaim with respect to such participation as fully as if such Lender were a direct creditor of the Borrower in the amount of such participation. 

(d)      Unless the Administrative Agent shall have received notice from the Borrower prior to the date on
which any payment is due to the Administrative Agent for the account of the Lenders or the applicable Issuing Bank hereunder that the Borrower will not make such payment, the Administrative Agent may assume that the Borrower has made such payment on
such date in accordance herewith and may, in reliance upon such assumption, distribute to the Lenders or the applicable Issuing Bank, as applicable, the amount due. In such event, if the Borrower has not in fact made such payment, then each of the
Lenders or the applicable Issuing Bank, as applicable, severally agrees to repay to the Administrative Agent forthwith on demand 

  
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the amount so distributed to such Lender or Issuing Bank with interest thereon, for each day from and including the date such amount is distributed to it to but excluding the date of payment to
the Administrative Agent, at (i) the greater of the Federal Funds Effective Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation. 

(e)      If any Lender shall fail to make any payment required to be made by it pursuant to
Section 2.04(c), 2.05(d) or (e), 2.06(b) or 2.18(d), then the Administrative Agent may, in its discretion (notwithstanding any contrary provision hereof), apply any amounts thereafter received by the Administrative Agent for the account of such
Lender to satisfy such Lender’s obligations under such Sections until all such unsatisfied obligations are fully paid. 
 SECTION
2.19          Mitigation Obligations; Replacement of Lenders. 

(a)      If any Lender requests compensation under Section 2.15, or if the Borrower is required to pay any
additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, then such Lender shall use reasonable efforts to designate a different lending office for funding or booking its Loans
hereunder or to assign its rights and obligations hereunder to another of its offices, branches or Affiliates, if, in the reasonable judgment of such Lender, such designation or assignment (i) would eliminate or reduce amounts payable pursuant
to Section 2.15 or 2.17, as applicable, in the future and (ii) would not subject such Lender to any material unreimbursed cost or expense and would not otherwise be disadvantageous to such Lender in any material respect. The Borrower
hereby agrees to pay all reasonable costs and expenses incurred by any Lender in connection with any such designation or assignment. 

(b)      If any Lender requests compensation under Section 2.15, or if the Borrower is required to pay any
additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, or is a Defaulting Lender, then the Borrower may, at its sole expense and effort, upon notice to such Lender and the
Administrative Agent, require such Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions contained in Section 9.04), all its interests, rights and obligations under this Agreement to an assignee
that shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment); provided that (i) the Borrower shall have received the prior written consent of the Administrative Agent, which consent shall
not unreasonably be withheld, (ii) such Lender shall have received payment of an amount equal to the outstanding principal of its Loans and participations in L/C Disbursements and Swingline Loans, accrued interest thereon, accrued fees and all
other amounts payable to it under the Loan Documents, from the assignee (to the extent of such outstanding principal and accrued interest and fees) or the Borrower (in the case of all other amounts) and (iii) in the case of any such assignment
resulting from a claim for compensation under Section 2.15 or payments required to be made pursuant to Section 2.17, such assignment will result in a reduction in such compensation or payments. Nothing in this Section 2.19 shall be
deemed to prejudice any rights that the Borrower may have against any Lender that is a Defaulting Lender. 

(c)      If any Lender (such Lender, a “Non-Consenting Lender”) has failed to consent to a
proposed amendment, waiver, discharge or termination which pursuant to the terms 

  
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of Section 9.08 requires the consent of all of the Lenders affected and with respect to which the Required Lenders shall have granted their consent, then provided no Event of Default then
exists, the Borrower shall have the right (unless such Non-Consenting Lender grants such consent) to replace such Non-Consenting Lender by requiring such Non-Consenting Lender to assign its Loans, and its Commitments hereunder to one or more
assignees reasonably acceptable to the Administrative Agent, provided that (a) all Obligations of the Borrower owing to such Non-Consenting Lender being replaced shall be paid in full to such Non-Consenting Lender concurrently with such
assignment and (b) the replacement Lender shall purchase the foregoing by paying to such Non-Consenting Lender a price equal to the principal amount thereof plus accrued and unpaid interest thereon. In connection with any such assignment the
Borrower, Administrative Agent, such Non-Consenting Lender and the replacement Lender shall otherwise comply with Section 9.04. 

SECTION 2.20          Increase in Revolving Facility Commitments and/or Term B Loan
Commitments. 
 (a)      Additional Commitments. 

    (i)      At any time following the Fourth Amendment Effective Date, the Borrower may by
written notice to the Administrative Agent elect to request an increase to any existing Class of Revolving Facility Commitments (any such increase, the “Additional Revolving Facility Commitments”) and/or the Term B Loan Commitments
(any such increase, the “Additional Term Loan Commitments” and together with the Additional Revolving Facility Commitments, if any, the “Additional Commitments”). Such notice shall (A) specify the date (an
“Increased Amount Date”) on which the Borrower proposes that the Additional Commitments and, in the case of Additional Term Loan Commitments, the date for borrowing, as applicable, be made available, which shall be a date not less
than five (5) Business Days after the date on which such notice is delivered to the Administrative Agent and (B) offer each Revolving Facility Lender (in the case of Additional Revolving Facility Commitments) and/or Term B Loan Lender (in
the case of Additional Term Loan Commitments) the right to increase its Revolving Facility Commitment and/or Term B Loan Commitment, as applicable, on a pro rata basis; provided that with respect to an Additional Revolving Facility Commitment
in an amount not greater than $50 million, (x) the notice specified in clause (A) can be made at any time on or prior to the proposed Increased Amount Date and (y) there shall be no requirement to offer such increase to each Revolving
Facility Lender pursuant to clause (B). The Borrower shall notify the Administrative Agent in writing of the identity of each Revolving Facility Lender, Term B Loan Lender or other financial institution reasonably acceptable to the Administrative
Agent (each, an “Additional Revolving Facility Lender,” an “Additional Term Loan Lender” or generally, an “Additional Lender”) to whom the Additional Commitments have been (in accordance with the
prior sentence) allocated and the amounts of such allocations; provided that any Lender approached to provide all or a portion of the Additional Commitments may elect or decline, in its sole discretion, to provide an Additional Commitment.

     (ii)     Such Additional Commitments shall become effective as of such Increased Amount
Date, and in the case of Additional Term Loan Commitments, such Additional Term Loans in respect hereof (“Additional Term Loans”) shall be made on such Increased Amount Date; provided that (1) no Default or Event of
Default shall exist on such 

  
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Increased Amount Date before or after giving effect to such Additional Commitments and Loans; (2) after giving effect thereto on a Pro Forma Basis as if such incurrence had occurred on the
first day of the most recent period of four consecutive fiscal quarters for which financial statements have been delivered pursuant to Section 5.04(a) or (b), the Borrower shall be in compliance with Sections 6.11 and 6.15, if and as applicable
on such Increased Amount Date; and (3) the Borrower shall make any payments required pursuant to Section 2.16 in connection with the provisions of the Additional Commitments. 

    (iii)     The sum of the outstanding Additional Revolving Facility Commitments and the
principal amount outstanding of Additional Term Loans, when aggregated with the principal amount outstanding of Permitted Notes, shall not exceed $800 million plus the Revolving Facility Commitment Capacity; provided that this limitation
shall be increased by (x) $750 million if, at the time of such increase, after giving effect on a Pro Forma Basis to Additional Revolving Facility Commitments (other than Additional Revolving Facility Commitments utilizing Revolving Facility
Commitment Capacity) as if they were fully drawn on the first day of the most recent period of four consecutive fiscal quarters for which financial statements have been delivered pursuant to Section 5.04(a) or (b), and to the incurrence of
Additional Term Loans and Permitted Notes as if such incurrence had occurred on such day, the Gross Senior Secured Leverage Ratio shall not be in excess of 2.00 to 1.00 and (y) an additional $750 million if, at the time of such increase, after
giving effect on a Pro Forma Basis to Additional Revolving Facility Commitments (other than Additional Revolving Facility Commitments utilizing Revolving Facility Commitment Capacity) as if they were fully drawn on the first day of the most recent
period of four consecutive fiscal quarters for which financial statements have been delivered pursuant to Section 5.04(a) or (b), and to the incurrence of Additional Term Loans and Permitted Notes as if such incurrence had occurred on such day,
the Gross Senior Secured Leverage Ratio shall not be in excess of 1.00 to 1.00; provided further that there shall be no Additional Term Loans until the Borrower shall have issued at least $800 million in principal amount of Permitted
Junior Notes. 
     (iv)     The all-in-yield of any Additional Term Loans shall be as
provided in the joinder agreement pursuant to which such Additional Term Loans are established (it being understood that the “all-in-yield” shall be determined after taking into account original issue discount, assuming a four-year average
life, fees, other than bona fide arrangement, underwriting, structuring or similar fees not generally shared with the applicable Lenders, and interest margin and, if the LIBO Rate in respect of any Additional Term Loans includes an interest rate
floor greater than the LIBO Rate then applicable to the existing Term B Loans, such interest rate floor shall be equated to interest margin). In the event that the all-in-yield for any Additional Term Loans is greater than the all-in-yield for the
Term B Loans (or other term loan previously established as an Additional Term Loan hereunder) by greater than 50 basis points, then the all-in-yield for the Term B Loans (or other term loan previously established as an Additional Term Loan
hereunder) will be increased such that after giving effect thereto the all-in-yield for the Term B Loans (or other term loan established as an Additional Term Loan hereunder) plus 50 basis points is equal to the all-in-yield for the Additional Term
Loans. 
 (b)      On any Increased Amount Date on which Additional Revolving Facility Commitments are
effected, subject to the satisfaction of the foregoing terms and conditions, (i) each of the existing Revolving Facility Lenders of the applicable Class shall assign to each of 

  
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the Additional Revolving Facility Lenders, and each of the Additional Revolving Facility Lenders shall purchase from each of the existing Revolving Facility Lenders of the applicable Class, at
the principal amount thereof, such interests in the outstanding Revolving Facility Loans and participations in Letters of Credit and Swingline Loans outstanding on such Increased Amount Date that will result in, after giving effect to all such
assignments and purchases, such Revolving Facility Loans and participations in Letters of Credit and Swingline Loans being held by existing Revolving Facility Lenders and Additional Revolving Facility Lenders ratably in accordance with their
Revolving Facility Commitments after giving effect to the addition of such Additional Revolving Facility Commitments to the Revolving Facility Commitments, (ii) each Additional Revolving Facility Commitment shall be deemed for all purposes a
Revolving Facility Commitment and each Loan made thereunder shall be deemed, for all purposes, a Revolving Facility Loan and have the same terms as any existing Revolving Facility Loan of the applicable Class and (iii) each Additional Revolving
Facility Lender shall become a Lender with respect to the Revolving Facility Commitments of the applicable Class and all matters relating thereto. 

(c)      On any Increased Amount Date on which Additional Term Loan Commitments are effected and borrowed,
subject to the satisfaction of the foregoing terms and conditions, (i) each Additional Term Loan Commitment shall be deemed for all purposes a Term B Loan Commitment and each Loan made thereunder shall be deemed, for all purposes, a Term B
Loan, (ii) each Additional Term Loan Lender shall become a Lender with respect to the Term B Loan Commitments and all matters relating thereto and (iii) the Additional Term Loans shall be made by each Additional Term Loan Lender on the
Increased Amount Date; provided that, if the terms of such Additional Term Loans are different than the terms of the Term B Loan in effect immediately prior to the Increased Amount Date, such Additional Term Loans shall comprise a separate
Class and may have a different designation, and references to “Term B” herein may be appropriately modified. All Additional Term Loans made on any Increased Amount Date will be made in accordance with the procedures set forth in
Section 2.03. 
 (d)      The Administrative Agent shall notify the Lenders promptly upon receipt of the
Borrower’s notice of an Increased Amount Date and, in respect thereof, the Additional Commitments and the Additional Lenders. 

SECTION 2.21          Illegality.  If any Lender reasonably determines
that any change in law has made it unlawful, or that any Governmental Authority has asserted after the Fourth Amendment Effective Date that it is unlawful, for any Lender or its applicable lending office to make or maintain any Eurocurrency Loans,
then, on notice thereof by such Lender to the Borrower through the Administrative Agent, any obligations of such Lender to make or continue Eurocurrency Loans or to convert ABR Borrowings to Eurocurrency Borrowings shall be suspended until such
Lender notifies the Administrative Agent and the Borrower that the circumstances giving rise to such determination no longer exist. Upon receipt of such notice, the Borrower shall upon demand from such Lender (with a copy to the Administrative
Agent), convert all Eurocurrency Borrowings of such Lender to ABR Borrowings, either on the last day of the Interest Period therefor, if such Lender may lawfully continue to maintain such Eurocurrency Borrowings to such day, or immediately, if such
Lender may not lawfully continue to maintain such Loans. Upon any such prepayment or conversion, the Borrower shall also pay accrued interest on the amount so prepaid or converted. 

  
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 SECTION
2.22            Defaulting Lender. 

(a)        Cash Collateral Call.  If any Lender becomes, and during the period it
remains, a Defaulting Lender, if any Letter of Credit or Swingline Loan is at the time outstanding, each Issuing Bank and the Swingline Lender, as the case may be, may, by notice to the Borrower and such Defaulting Lender through the Administrative
Agent, require the Borrower to Cash Collateralize the obligations of the Borrower to such Issuing Bank and the Swingline Lender in respect of such Letter of Credit or Swingline Loan in amount equal to the aggregate amount of the obligations
(contingent or otherwise) of such Defaulting Lender in respect thereof, or to make other arrangements reasonably satisfactory to the Administrative Agent, and to the Issuing Bank and the Swingline Lender, as the case may be, in their sole discretion
to protect them against the risk of non-payment by such Defaulting Lender. Upon termination of any Letter of Credit or repayment of any Swingline Loan, the Issuing Banks and Swingline Lender shall return any Cash Collateral and terminate such other
arrangements relating to such Letter of Credit or Swingline Loan. 
 (b)        Right to Give
Drawdown Notices.  In furtherance of the foregoing, if any Lender becomes, and during the period it remains, a Defaulting Lender, each of the Issuing Bank and the Swingline Lender is hereby authorized by the Borrower (which
authorization is irrevocable and coupled with an interest) to give, in its discretion, through the Administrative Agent, notices of Borrowing pursuant to Section 2.03 in such amounts and in such times as may be required to (i) reimburse an
outstanding L/C Disbursement, (ii) repay an outstanding Swingline Loan, and/or (iii) Cash Collateralize the obligations of the Borrower in respect of outstanding Letters of Credit or Swingline Loans in an amount equal to the aggregate
amount of the obligations (contingent or otherwise) of such Defaulting Lender in respect of such Letter of Credit or Swingline Loan. 

(c)        Cure.  If the Borrower, the Administrative Agent, each Issuing Bank and
the Swingline Lender agree in writing in their reasonable discretion that a Lender that is a Defaulting Lender no longer falls under the definition of “Defaulting Lender” the Administrative Agent will so notify the parties hereto,
whereupon as of the effective date specified in such notice and subject to any conditions set forth therein, such Lender will cease to be a Defaulting Lender and will be a Non-Defaulting Lender. Upon receipt of any such notice, the Issuing Banks and
the Swingline Lender shall return any Cash Collateral held in respect of such Non-Defaulting Lender’s obligations. If any Defaulting Lender is replaced pursuant to Section 2.19(b), the Issuing Banks and the Swingline Lender shall return
any Cash Collateral held in respect of such replaced Defaulting Lender. 
 (d)        Assignment
of Commitments.  If any Lender becomes a Defaulting Lender, such Defaulting Lender may be replaced as provided in Section 2.19; and 

(e)        Termination of Commitments.  If any Lender becomes a Defaulting Lender,
the commitments of such Defaulting Lender may be reduced or terminated as provided in Section 2.08 on a non-ratable basis. 
 SECTION
2.23            Reverse Dutch Auction Repurchases. 

  
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 (a)        Notwithstanding anything to the contrary
contained in this Agreement, the Borrower may at any time and from time to time conduct reverse Dutch auctions in order to purchase Term B Loans under any Class (each, an “Auction”) (each Auction to be managed exclusively by the
Administrative Agent or another investment bank of recognized standing elected by the Borrower following consultation with the Administrative Agent (in such capacity, the “Auction Manager”)), so long as the following conditions are
satisfied: 
  (i)        each Auction shall be conducted in accordance with
the procedures, terms and conditions set forth in this Section 2.23 and the Auction Procedures; 

(ii)        no Default or Event of Default shall have occurred and be continuing on
the date of the delivery of each Auction Notice and at the time of purchase of any Term B Loans in connection with any Auction, and the Borrower shall have delivered to the Administrative Agent and Auction Manager a certificate signed by a
Responsible Officer of the Borrower confirming compliance with this clause (ii); 

    (iii)        the maximum principal amount (calculated on the
face amount thereof) of all Term B Loans from a particular Class that the Borrower offers to purchase in any such Auction shall be no less than $1 million and whole increments of $500,000 in excess thereof (unless another amount is agreed to by the
Administrative Agent and Auction Manager); 

    (iv)        after giving effect to any purchase of Term B
Loans pursuant to this Section 2.23, the sum of (x) the aggregate Available Unused Commitments and (y) the aggregate amount of all unrestricted cash, cash equivalents and Permitted Investments of the Borrower and its Restricted
Subsidiaries less (z) the aggregate amount of long-term Indebtedness of the Borrower and its Restricted Subsidiaries (other than the Term B Loans) coming due within twelve (12) months, shall not be less than $700 million; 

(v)        the aggregate principal amount (calculated on the face amount thereof) of
all Term B Loans so purchased by the Borrower shall automatically be cancelled and retired by the Borrower on the settlement date of the relevant purchase (and may not be resold); 

    (vi)        no more than one Auction may be ongoing at any one
time; 
    (vii)        the aggregate principal amount of all Term B
Loans purchased pursuant to Sections 2.23 and 2.24 shall not exceed $120 million; and 

  (viii)        the Borrower represents and warrants that, at the time of
each such Auction, it shall have no material non-public information that has not been previously disclosed to investors or has not otherwise been disseminated to the public in accordance with Regulation FD prior to such time. 

(b)        The Borrower must terminate an Auction if it fails to satisfy one or more of the
conditions set forth above which are required to be met at the time which otherwise would have been the time of purchase of Term B Loans pursuant to the respective Auction. If the Borrower commences any Auction (and all relevant requirements set
forth above which are 

  
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required to be satisfied at the time of the commencement of the respective Auction have in fact been satisfied), and if at such time of commencement the Borrower reasonably believes that all
required conditions set forth above which are required to be satisfied at the time of the purchase of Term B Loans pursuant to such Auction shall be satisfied, then the Borrower shall have no liability to any Lender for any termination of the
respective Auction as a result of its failure to satisfy one or more of the conditions set forth above which are required to be met at the time which otherwise would have been the time of purchase of Term B Loans pursuant to the respective Auction,
and any such failure shall not result in any Default hereunder. With respect to all purchases of Term B Loans made by the Borrower pursuant to this Section 2.23, (x) the Borrower shall pay on the settlement date of each such purchase all
accrued and unpaid interest (except to the extent otherwise set forth in the relevant offering documents), if any, on the purchased Term B Loans up to the settlement date of such purchase and (y) such purchases (and the payments made by the
Borrower and the cancellation of the purchased Term B Loans, in each case in connection therewith) shall not constitute voluntary or mandatory payments or prepayments for purposes of Sections 2.10, 2.11 or 2.16. 

(c)        The Administrative Agent and the Lenders hereby consent to the Auctions and the other
transactions contemplated by this Section 2.23 (provided that no Lender shall have an obligation to participate in any such Auctions) and hereby waive the requirements of any provision of this Agreement (including, without limitation, Sections
2.10, 2.11, 2.16, 2.18 and 9.04, it being understood and acknowledged that purchases of the Term B Loans by the Borrower contemplated by this Section 2.23 shall not constitute Investments by the Borrower) that may otherwise prohibit any Auction
or any other transaction contemplated by this Section 2.23. The Auction Manager acting in its capacity as such hereunder shall be entitled to the benefits of the provisions of Article VIII and Section 9.05 mutatis mutandis as if each
reference therein to the “Administrative Agent” were a reference to the Auction Manager, and the Administrative Agent shall cooperate with the Auction Manager as reasonably requested by the Auction Manager in order to enable it to perform
its responsibilities and duties in connection with each Auction. 
 SECTION
2.24            Open Market Purchases. 

(a)        Notwithstanding anything to the contrary contained in this Agreement, the Borrower may at
any time and from time to time make open market purchases of Term B Loans under any Class (each, an “Open Market Purchase”), so long as the following conditions are satisfied: 

 (i)        no Default or Event of Default shall have occurred and be continuing
on the date of such Open Market Purchase, and the Borrower shall have delivered to the Administrative Agent a certificate signed by a Responsible Officer of the Borrower confirming compliance with this clause (i); 

(ii)        after giving effect to any purchase of Term B Loans pursuant to this
Section 2.24, the sum of (x) the aggregate Available Unused Commitments and (y) the aggregate amount of all unrestricted cash, cash equivalents and Permitted Investments of the Borrower less (z) the aggregate amount of long-term
Indebtedness of the Borrower 

  
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and its Restricted Subsidiaries (other than the Term B Loans) coming due within twelve (12) months, shall not be less than $700 million; 

    (iii)        the aggregate principal amount (calculated on the
face amount thereof) of all Term B Loans so purchased by the Borrower shall automatically be cancelled and retired by the Borrower on the settlement date of the relevant purchase (and may not be resold); and 

    (iv)        the aggregate principal amount of all Term B Loans
purchased pursuant to Section 2.23 and Section 2.24 shall not exceed $120 million; and 

(v)        the Borrower represents and warrants that, at the time of such purchase, it
shall have no material non-public information that has not been previously disclosed to investors or has not otherwise been disseminated to the public in accordance with Regulation FD prior to such time. 

(b)        With respect to all purchases of Term B Loans made by the Borrower pursuant to this
Section 2.24, (x) the Borrower shall pay on the settlement date of each such purchase all accrued and unpaid interest, if any, on the purchased Term B Loans up to the settlement date of such purchase (except to the extent otherwise set
forth in the relevant purchase document as agreed by the respective selling Lender) and (y) such purchases (after the payments made by the Borrower and the cancellation of the purchased Term B Loans, in each case in connection therewith) shall
not constitute voluntary or mandatory payments or prepayments for purposes of Sections 2.10, 2.11 or 2.16. 

(c)        The Administrative Agent and the Lenders hereby consent to the Open Market Purchases
contemplated by this Section 2.24 and hereby waive the requirements of any provision of this Agreement (including, without limitation, Sections 2.10, 2.11, 2.16, 2.18 and 9.04, it being understood and acknowledged that purchases of the
Term B Loans by the Borrower contemplated by this Section 2.24 shall not constitute Investments by the Borrower) that may otherwise prohibit any Open Market Purchase by this Section 2.24. 

SECTION 2.25            Extension of Term B Loans; Extension of Revolving
Facility Loans. 
 (a)        Extension of Term B Loans.  The Borrower may at
any time and from time to time request that all or a portion of the Term B Loans of a given Class (each, an “Existing Term Loan Tranche”) be amended to extend the scheduled maturity date(s) with respect to all or a portion of any
principal amount of such Term B Loans (any such Term B Loans which have been so amended, “Extended Term Loans”) and to provide for other terms consistent with this Section 2.25. In order to establish any Extended Term Loans,
the Borrower shall provide a notice to the Administrative Agent (who shall provide a copy of such notice to each of the Lenders under the applicable Existing Term Loan Tranche) (each, a “Term Loan Extension Request”) setting forth
the proposed terms of the Extended Term Loans to be established, which shall (x) be identical as offered to each Lender under such Existing Term Loan Tranche (including as to the proposed interest rates and fees payable) and offered pro rata to
each Lender under such Existing Term Loan Tranche and (y) be identical to the Term B Loans 

  
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under the Existing Term Loan Tranche from which such Extended Term Loans are to be amended, except that: (i) all or any of the scheduled amortization payments of principal of the Extended
Term Loans may be delayed to later dates than the scheduled amortization payments of principal of the Term B Loans of such Existing Term Loan Tranche, to the extent provided in the applicable Extension Amendment, provided, however,
that at no time shall there be Classes of Term B Loans hereunder (including Other Term Loans and Extended Term Loans) which have more than five (5) different maturity dates, (ii) the “effective yield” with respect to the Extended
Term Loans (whether in the form of interest rate margin, upfront fees, original issue discount or otherwise) may be different than the “effective yield” for the Term B Loans of such Existing Term Loan Tranche, in each case, to the extent
provided in the applicable Extension Amendment; (iii) the Extension Amendment may provide for other covenants and terms that apply solely to any period after the Latest Maturity Date that is in effect on the effective date of the Extension
Amendment (immediately prior to the establishment of such Extended Term Loans); and (iv) Extended Term Loans may have call protection as may be agreed by the Borrower and the Lenders thereof; provided that no Extended Term Loans may be
optionally prepaid prior to the date on which all Term B Loans with an earlier final stated maturity (including Term B Loans under the Existing Term Loan Tranche from which they were amended) are repaid in full, unless such optional prepayment is
accompanied by a pro rata optional prepayment of such other Term B Loans; provided, however, that (A) no Default shall have occurred and be continuing at the time a Term Loan Extension Request is delivered to Lenders, (B) in
no event shall the final maturity date of any Extended Term Loans of a given Term Loan Extension Series at the time of establishment thereof be earlier than the then Latest Maturity Date of any other Term B Loans hereunder, (C) the weighted
average life to maturity of any Extended Term Loans of a given Term Loan Extension Series at the time of establishment thereof shall be no shorter (other than by virtue of amortization or prepayment of such Indebtedness prior to the time of
incurrence of such Extended term Loans) than the remaining weighted average life to maturity of any Existing Term Loan Tranche, (D) all documentation in respect of the such Extension Amendment shall be consistent with the foregoing and
(E) any Extended Term Loans may participate on a pro rata basis or less than a pro rata basis (but not greater than a pro rata basis) in any voluntary or mandatory repayments or prepayments hereunder, in each case as specified in the respective
Term Loan Extension Request. Any Extended Term Loans amended pursuant to any Term Loan Extension Request shall be designated a series (each, a “Term Loan Extension Series”) of Extended Term Loans for all purposes of this Agreement;
provided that any Extended Term Loans amended from an Existing Term Loan Tranche may, to the extent provided in the applicable Extension Amendment, be designated as an increase in any previously established Term Loan Extension Series with
respect to such Existing Term Loan Tranche. Each Term Loan Extension Series of Extended Term Loans incurred under this Section 2.25 shall be in an aggregate principal amount that is not less than $50,000,000. 

(b)        Extension of Revolving Facility Commitments.  The Borrower may at any
time and from time to time request that all or a portion of the Revolving Facility Commitments of a given Class (each, an “Existing Revolver Tranche”) be amended to extend the Revolving Facility Maturity Date with respect to all or
a portion of any principal amount of such Revolving Facility Commitments (any such Revolving Facility Commitments which have been so amended, “Extended Revolving Facility Commitments”) and to provide for other terms consistent with
this Section 2.25. In order to establish any Extended Revolving Facility Commitments, the Borrower 

  
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shall provide a notice to the Administrative Agent (who shall provide a copy of such notice to each of the Lenders under the applicable Existing Revolver Tranche) (each, a “Revolver
Extension Request”) setting forth the proposed terms of the Extended Revolving Facility Commitments to be established, which shall (x) be identical as offered to each Lender under such Existing Revolver Tranche (including as to the
proposed interest rates and fees payable) and offered pro rata to each Lender under such Existing Revolver Tranche and (y) be identical to the Revolving Facility Commitments under the Existing Revolver Tranche from which such Extended Revolving
Facility Commitments are to be amended, except that: (i) the Revolving Facility Maturity Date of the Extended Revolving Facility Commitments may be delayed to a later date than the Revolving Facility Maturity Date of the Revolving Facility
Commitments of such Existing Revolver Tranche, to the extent provided in the applicable Extension Amendment, provided, however, that at no time shall there be Classes of Revolving Facility Commitments hereunder (including Extended
Revolving Facility Commitments and Other Revolving Facility Commitments) which have more than five (5) different maturity dates, (ii) the “effective yield” with respect to extensions of credit under the Extended Revolving
Facility Commitments (whether in the form of interest rate margin, upfront fees, original issue discount or otherwise) may be different than the “effective yield” for extensions of credit under the Revolving Facility Commitments of such
Existing Revolver Tranche, in each case, to the extent provided in the applicable Extension Amendment; (iii) the Extension Amendment may provide for other covenants and terms that apply solely to any period after the Latest Maturity Date that
is in effect on the effective date of the Extension Amendment (immediately prior to the establishment of such Extended Revolving Facility Commitments); and (iv) all borrowings under the Revolving Facility Commitments and repayments thereunder
shall be made on a pro rata basis (except for (I) payments of interest and fees at different rates on Extended Revolving Commitments (and related outstandings), (II) repayments required upon the Maturity Date of the non-extending Revolving
Facility Commitments and (III) Revolving Facility Borrowings made within 20 Business Days of the Maturity Date of the Original Maturity Revolving Facility, which borrowings shall be, at the Borrower’s option, (x) on a pro rata basis
between the Original Maturity Revolving Facility and the Extended Maturity Revolving Facility or (y) Extended Maturity Revolving Facility Borrowings); provided, further, that (A) no Default shall have occurred and be
continuing at the time a Revolver Extension Request is delivered to Lenders, (B) in no event shall the final maturity date of any Extended Revolving Facility Commitments of a given Revolver Extension Series at the time of establishment thereof
be earlier than the then Latest Maturity Date of any other Revolving Facility Commitments hereunder and (C) all documentation in respect of the such Extension Amendment shall be consistent with the foregoing. Any Extended Revolving Facility
Commitments amended pursuant to any Revolver Extension Request shall be designated a series (each, a “Revolver Extension Series”) of Extended Revolving Facility Commitments for all purposes of this Agreement; provided that
any Extended Revolving Facility Commitments amended from an Existing Revolver Tranche may, to the extent provided in the applicable Extension Amendment, be designated as an increase in any previously established Revolver Extension Series with
respect to such Existing Revolver Tranche. Each Revolver Extension Series of Extended Revolving Facility Commitments incurred under this Section 2.25 shall be in an aggregate principal amount that is not less than $50,000,000. 

(c)        Extension Request.  The Borrower shall provide the applicable Extension
Request at least five (5) Business Days prior to the date on which Lenders under the Existing 

  
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Term Loan Tranche or Existing Revolver Tranche, as applicable, are requested to respond, and shall agree to such procedures, if any, as may be established by, or acceptable to, the Administrative
Agent, in each case acting reasonably to accomplish the purposes of this Section 2.25. No Lender shall have any obligation to agree to have any of its Term Loans of any Existing Term Loan Tranche amended into Extended Term Loans or any of its
Revolving Facility Commitments amended into Extended Revolving Facility Commitments, as applicable, pursuant to any Extension Request. Any Existing Term Lender (each, an “Extending Term Lender”) wishing to have all or a portion of
its Term Loans under the Existing Term Loan Tranche subject to such Extension Request amended into Extended Term Loans and any Revolving Facility Lender (each, an “Extending Revolving Facility Lender”) wishing to have all or a
portion of its Revolving Facility Commitments under the Existing Revolver Tranche subject to such Extension Request amended into Extended Revolving Facility Commitments, as applicable, shall notify the Administrative Agent (each, an
“Extension Election”) on or prior to the date specified in such Extension Request of the amount of its Term Loans under the Existing Term Loan Tranche or Revolving Facility Commitments under the Existing Revolver Tranche, as
applicable, which it has elected to request be amended into Extended Term Loans or Extended Revolver Commitments, as applicable (subject to any minimum denomination requirements imposed by the Administrative Agent). In the event that the aggregate
principal amount of Term Loans under the Existing Term Loan Tranche or Revolving Facility Commitments under the Existing Revolver Tranche, as applicable, in respect of which applicable Term Lenders or Revolving Lenders, as the case may be, shall
have accepted the relevant Extension Request exceeds the amount of Extended Term Loans or Extended Revolving Facility Commitments, as applicable, requested to be extended pursuant to the Extension Request, Term Loans or Revolving Facility
Commitments, as applicable, subject to Extension Elections shall be amended to Extended Term Loans or Revolving Facility Commitments, as applicable, on a pro rata basis (subject to rounding by the Administrative Agent, which shall be conclusive)
based on the aggregate principal amount of Term Loans or Revolving Facility Commitments, as applicable, included in each such Extension Election. 

(d)        Extension Amendment.  Extended Term Loans and Extended Revolving Facility
Commitments shall be established pursuant to an amendment (each, a “Extension Amendment”) to this Agreement among the Borrower, the Administrative Agent and each Extending Term Lender or Extending Revolving Facility Lender, as
applicable, providing an Extended Term Loan or Extended Revolving Facility Commitment, as applicable, thereunder which shall be consistent with the provisions set forth in Sections 2.25(a), (b) or (c) above, respectively (but which shall
not require the consent of any other Lender). The effectiveness of any Extension Amendment shall be subject to the satisfaction on the date thereof of each of the conditions set forth in Sections 4.02 (b) and (c) and, to the extent
reasonably requested by the Administrative Agent, receipt by the Administrative Agent of (i) legal opinions, board resolutions and officers’ certificates consistent with those delivered on the Fifth Amendment Effective Date other than
changes to such legal opinion resulting from a change in law, change in fact or change to counsel’s form of opinion reasonably satisfactory to the Administrative Agent and (ii) reaffirmation agreements and/or such amendments to the
Collateral Documents as may be reasonably requested by the Collateral Agent in order to ensure that the Extended Term Loans or Extended Revolving Facility Commitments, as applicable, are provided with the benefit of the applicable Loan Documents.
The Administrative Agent shall promptly notify each Lender as to the effectiveness of each Extension Amendment. Each of the parties hereto hereby agrees that 

  
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this Agreement and the other Loan Documents may be amended pursuant to an Extension Amendment, without the consent of any other Lenders, to the extent (but only to the extent) necessary to
(i) reflect the existence and terms of the Extended Term Loans or Extended Revolving Facility Commitments, as applicable, incurred pursuant thereto, (ii) modify, if appropriate, the scheduled repayments set forth in Section 2.10 with
respect to any Existing Term Loan Tranche subject to an Extension Election to reflect a reduction in the principal amount of the Term Loans thereunder in an amount equal to the aggregate principal amount of the Extended Term Loans amended pursuant
to the applicable Extension (with such amount to be applied ratably to reduce scheduled repayments of such Term Loans required pursuant to Section 2.10), (iii) make such other changes to this Agreement and the other Loan Documents
consistent with the provisions and intent of Section 9.08(d) (without the consent of the Required Lenders called for therein) and Section 9.08(e) and (iv) effect such other amendments to this Agreement and the other Loan Documents as
may be necessary or appropriate, in the reasonable opinion of the Administrative Agent and the Borrower, to effect the provisions of this Section, and the Required Lenders hereby expressly authorize the Administrative Agent to enter into any such
Extension Amendment. 
 (e)        Within 30 days following the Fifth Amendment Effective Date, an
Original Maturity Revolving Facility Lender, the Borrower and the Administrative Agent may agree to enter into an amendment to this Agreement and the other Credit Documents (each, a “Subsequent Extension Amendment”), which
Subsequent Extension Amendment shall (i) provide for the reclassification of such Original Maturity Revolving Facility Lender’s Original Maturity Revolving Facility Commitments into Extended Maturity Revolving Facility Commitments (and
related Revolving Facility Credit Exposure) and (ii) shall be on the substantially same terms (including economic terms) as the reclassification of the Existing Revolving Facility Commitments into Extended Maturity Revolving Facility
Commitments on the Fifth Amendment Effective Date. 
 (f)        No conversion of Loans pursuant to
any Extension in accordance with this Section 2.25 shall constitute a voluntary or mandatory payment or prepayment for purposes of this Agreement. 

SECTION 2.26            Refinancing Amendments. 

(a)        At any time after the Fifth Amendment Effective Date, the Borrower may obtain, from any
Lender, any Additional Revolving Facility Lender or any Additional Term Loan Lender, Credit Agreement Refinancing Indebtedness in respect of all or any portion of the Term B Loans and the Revolving Facility Loans (or unused Revolving Facility
Commitments) then outstanding under this Agreement (which for purposes of this clause (a) will be deemed to include any then outstanding Other Term Loans, Additional Term Loans, Other Revolving Facility Loans or Additional Revolving Facility
Loans), in the form of Other Term Loans, Other Term Loan Commitments, Other Revolving Facility Loans or Other Revolving Facility Commitments pursuant to a Refinancing Amendment; provided that, notwithstanding anything to the contrary in this
Section 2.26 or otherwise, (1) the borrowing and repayment (except for (A) payments of interest and fees at different rates on Other Revolving Facility Commitments and related outstandings, (B) repayments required upon the
maturity date of the Other Revolving Facility Commitments and (C) subject to clause (3) below, repayment made in connection with a 

  
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permanent repayment and termination of commitments) of Loans with respect to Other Revolving Facility Commitments after the date of obtaining any Other Revolving Facility Commitments shall be
made on a pro rata basis with all other Revolving Facility Commitments, (2) to the extent dealing with Swingline Loans and Letters of Credit which mature or expire after a maturity date when there exists Additional Revolving Facility
Commitments with a longer maturity date, all Swingline Loans and Letters of Credit shall be participated on a pro rata basis by all Lenders with then outstanding Commitments in accordance with their percentage of the Revolving Facility Commitments,
(3) the permanent repayment of Revolving Facility Loans with respect to, and termination of, Other Revolving Facility Commitments after the date of obtaining any Other Revolving Facility Commitments shall be made on a pro rata basis with all
other Revolving Facility Commitments, except that the Borrower shall be permitted to permanently repay and terminate commitments of any such Class on a better than a pro rata basis as compared to any other Class with a later maturity date than such
Class and (4) assignments and participations of Other Revolving Facility Commitments and Other Revolving Facility Loans shall be governed by the same assignment and participation provisions applicable to Revolving Facility Commitments and
Revolving Facility Loans. The effectiveness of any Refinancing Amendment shall be subject to the satisfaction on the date thereof of each of the conditions set forth in Sections 4.02(b) and (c), and to the extent reasonably requested by the
Administrative Agent, receipt by the Administrative Agent of customary legal opinions and other documents. Each issuance of Credit Agreement Refinancing Indebtedness under this Section 2.26(a) shall be in an aggregate principal amount that is
(x) not less than $50,000,000 and (y) an integral multiple of $1,000,000 in excess thereof. 

(b)        The Administrative Agent shall promptly notify each Lender as to the effectiveness of each
Refinancing Amendment. Each of the parties hereto hereby agrees that, upon the effectiveness of any Refinancing Amendment, this Agreement shall be deemed amended to the extent (but only to the extent) necessary to reflect the existence and terms of
the Credit Agreement Refinancing Indebtedness incurred pursuant thereto (including any amendments necessary to treat the Loans and Commitments subject thereto as Other Term Loans, Other Term Loan Commitments, Other Revolving Facility Loans and/or
Other Revolving Facility Commitments). Any Refinancing Amendment may, without the consent of any other Lenders, effect such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the reasonable opinion of
the Administrative Agent and the Borrower, to effect the provisions of this Section. This Section 2.26 shall supersede any provisions in Section 2.18 or 9.08 to the contrary. 

ARTICLE III 
 REPRESENTATIONS AND
WARRANTIES 
 The Borrower represents and warrants to each of the Lenders that: 

SECTION 3.01            Organization; Powers.  Each of the
Borrower and each of the Restricted Subsidiaries (a) is a partnership, limited liability company or corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization, (b) has all
requisite power and authority to own its assets and to carry on its business as now conducted, (c) is qualified to do business in each jurisdiction where such 

  
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qualification is required, except where the failure so to qualify would not reasonably be expected to have a Material Adverse Effect, and (d) has the power and authority to execute, deliver
and perform its obligations under each of the Loan Documents and each other agreement or instrument contemplated thereby to which it is or will be a party and, in the case of the Borrower, to borrow and otherwise obtain credit hereunder. 

SECTION 3.02            Authorization.  The execution, delivery
and performance by the Borrower and each of the Restricted Subsidiaries of each of the Loan Documents to which it is a party, and the borrowings hereunder and the Fifth Amendment and Restatement Transactions to which it is party (a) have been
duly authorized by all corporate, stockholder, limited liability company or partnership action required to be obtained by the Borrower and such Restricted Subsidiaries and (b) will not (i) violate (A) any provision of law, statute,
rule or regulation (including, without limitation, any Mining Law), or of the certificate or articles of incorporation or other constitutive documents or by-laws of the Borrower or any Restricted Subsidiary, (B) any applicable order of any
court or any rule, regulation or order of any Governmental Authority (including, without limitation, any Mining Permit) or (C) any indenture, lease (including, without limitation, any Mining Lease), agreement or other instrument to which the
Borrower or any such Restricted Subsidiary is a party or by which any of them or any of their respective assets are or may be bound, (ii) be in conflict with, result in a breach of or constitute (alone or with notice or lapse of time or both) a
default under, give rise to a right of or result in any cancellation or acceleration of any right or obligation (including any payment) or to a loss of a material benefit under, any such indenture, lease (including, without limitation, any Mining
Lease), agreement or other instrument, where any such violation, conflict, breach, default, cancellation, acceleration or loss referred to in clause (i) or (ii) of this Section 3.02, would reasonably be expected to have, individually
or in the aggregate, a Material Adverse Effect, or (iii) result in the creation or imposition of any Lien upon or with respect to any assets now owned or hereafter acquired by the Borrower or any such Restricted Subsidiary, other than the Liens
created by the Loan Documents, the Second Lien Note Indenture or pursuant to the Massey Convertible Notes Indenture, that would reasonably be expected to have a Material Adverse Effect. 

SECTION 3.03            Enforceability.  This Agreement has been
duly executed and delivered by the Borrower and constitutes, and each other Loan Document when executed and delivered by each Loan Party that is party thereto will constitute, a legal, valid and binding obligation of such Loan Party enforceable
against each such Loan Party in accordance with its terms, subject to (i) the effects of bankruptcy, insolvency, moratorium, reorganization, fraudulent conveyance or other similar laws affecting creditors’ rights generally,
(ii) general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law) and (iii) implied covenants of good faith and fair dealing. 

SECTION 3.04            Governmental Approvals.  No action,
consent or approval of, registration or filing with or any other action by any Governmental Authority is or will be required in connection with the Fifth Amendment and Restatement Transactions except for (a) the filing of UCC financing
statements and certificates of title, (b) filings with the United States Patent and Trademark Office and the United States Copyright Office, (c) recordation of the Mortgages, Mortgage Amendments and the Additional Mortgages, (d) such
consents, authorizations, filings or other actions that have either (i) been made or obtained and are in full 

  
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force and effect or (ii) are listed on Schedule 3.04 and (e) such actions, consents and approvals the failure to be obtained or made which would not reasonably be expected
to have a Material Adverse Effect. 
 SECTION 3.05            Financial
Statements.  There has heretofore been furnished to the Lenders: 
 (a)        the
consolidated balance sheets as of December 31, 2012 and 2013, and related consolidated statements of operations, stockholders’ equity and comprehensive income and cash flows of the Borrower and its subsidiaries for the fiscal years ended
December 31, 2013, 2012 and 2011, audited by and accompanied by the unqualified opinion of KPMG LLP, independent public accountants, and certified by the chief financial officer of the Borrower; such financial statements (A) have been
prepared in accordance with GAAP and (B) present fairly and accurately the consolidated financial condition and results of operations and cash flows of the Borrower and its subsidiaries as of the dates and for the periods to which they relate;
and 
 (b)        the unaudited condensed consolidated balance sheet of the Borrower and its
subsidiaries dated June 30, 2014 and the related condensed consolidated statements of operations, comprehensive income (loss) and cash flows for the fiscal quarter ended on that date; such financial statements (A) have been prepared in
accordance with GAAP and (B) present fairly and accurately the consolidated financial condition and results of operations and cash flows of the Borrower and its subsidiaries as of the dates and for the periods to which they relate, subject, in
the case of clauses (A) and (B), to the absence of footnotes and to normal year-end audit. 
 SECTION
3.06            No Material Adverse Effect.  Since December 31, 2013, there has been no event or occurrence which has resulted in or would reasonably be expected to
result in, individually or in the aggregate, any Material Adverse Effect. 
 SECTION
3.07            Title to Properties; Possession Under Leases. 

(a)        Each of the Borrower and the Restricted Subsidiaries has good and marketable title to, or
valid leasehold interests in, or easements or other limited property interests in all Mortgaged Properties, subject solely to Permitted Real Estate Encumbrances and except where the failure to have such title or interest would not reasonably be
expected to have, individually or in the aggregate, a Material Adverse Effect. The Borrower and the Restricted Subsidiaries have maintained or caused to be maintained, in all respects and in accordance with normal mining industry practice, all of
the machinery, equipment, vehicles, preparation plants or other Coal processing facilities, loadout and other transportation facilities and other tangible personal property now owned or leased by the Borrower and the Restricted Subsidiaries that is
necessary to conduct their business as it is now conducted at such properties, except where the failure to maintain would not reasonably be expected to have a Material Adverse Effect. All of the Existing Real Property Collateral, as listed in
Schedule 3.07(a)(i) hereto, is, as of the Fifth Amendment Effective Date, encumbered by Mortgages in favor of the Collateral Agent for its benefit and the benefit of the Secured Parties securing the Obligations. As of the Fifth Amendment
Effective Date, Real Property that is Collateral required to be secured by Security Documents pursuant to this Agreement consists solely of: (i) all of the Existing Real Property 

  
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Collateral, as listed in Schedule 3.07(a)(i) hereto and (ii) all of the Fifth Amendment Material Real Property, as listed on Schedule 3.07(a)(ii) hereto. 

(b)        Each of the Borrower and the Restricted Subsidiaries has complied with all obligations
under all leases (including, without limitation, Mining Leases) to which it is a party, except where the failure to comply would not have a Material Adverse Effect, and all such leases are in full force and effect, except (i) leases in respect
of which the failure to be in full force and effect would not reasonably be expected to have a Material Adverse Effect and (ii) that are less than fully marketable because the consent of the lessor to a future assignment has not been obtained.
Each of the Borrower and the Restricted Subsidiaries enjoys peaceful and undisturbed possession under all such leases, in each case other than leases in respect of which the failure to enjoy peaceful and undisturbed possession would not reasonably
be expected to have, individually or in the aggregate, a Material Adverse Effect. 
 (c)        As
of the Third Amendment Effective Date, except as set forth on Schedule 3.07(c) to the Third Amended and Restated Credit Agreement, none of the Borrower or any of the Restricted Subsidiaries has received written or, to the knowledge of the
Borrower and the Restricted Subsidiaries, other notice of claims that the Borrower or any Restricted Subsidiary has mined any Coal that it did not have the right to mine on any Mortgaged Property or mined any Coal in such a manner as to give rise to
any claims for loss, waste or trespass on any Mortgaged Property, and, to the knowledge of the Borrower and the Restricted Subsidiaries, no facts exist upon which such a claim could be based other than claims that would not reasonably be expected to
have, individually or in the aggregate, a Material Adverse Effect. 
 (d)        Each of the
Borrower and the Restricted Subsidiaries owns or possesses, or could obtain ownership or possession of, on terms not materially adverse to it, all patents, trademarks, service marks, trade names, copyrights and rights or licenses with respect
thereto necessary for the present conduct of its business, without any known conflict with the rights of others, except where such conflicts would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect or
except as set forth on Schedule 3.07(d) to the Third Amended and Restated Credit Agreement. 

(e)        As of the Third Amendment Effective Date, none of the Borrower and its Restricted
Subsidiaries has received any written or, to the knowledge of the Borrower, other notice of any pending or contemplated condemnation proceeding affecting any of the Mortgaged Properties or any sale or disposition thereof in lieu of condemnation that
remains unresolved as of the Third Amendment Effective Date, except where such condemnation proceeding would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect or except as set forth on Schedule
3.07(e) to the Third Amended and Restated Credit Agreement. 
 (f)        None of the Borrower
and its Restricted Subsidiaries is obligated on the Third Amendment Effective Date under any right of first refusal, option or other contractual right to sell, assign or otherwise dispose of any Mortgaged Property or any interest therein, except as
permitted under Section 6.03, 6.04 or 6.05 and other than customary buy-back provisions following the termination of mining operations, satisfaction of reclamation obligations and release of applicable Mining Permits with respect to a Mortgaged
Property, except where such right of first refusal, option or other contractual right would not reasonably be 

  
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expected to have, individually or in the aggregate, a Material Adverse Effect or except as set forth on Schedule 3.07(f) to the Third Amended and Restated Credit Agreement. 

(g)        Schedule 3.07(g) to the Third Amended and Restated Credit Agreement sets forth
as of the Third Amendment Effective Date the name and jurisdiction of incorporation, formation or organization of each Restricted Subsidiary of the Borrower and, as to each such Restricted Subsidiary, the percentage of each class of Equity Interests
owned by the Borrower or by any such Restricted Subsidiary, indicating the ownership thereof. 

(h)        As of the Third Amendment Effective Date, there are no outstanding subscriptions, options,
warrants, calls, rights or other agreements or commitments (other than stock options and other rights to receive Equity Interests of the Borrower granted to employees or directors and directors’ qualifying shares) of any nature relating to any
Equity Interests of the Borrower or any of the Restricted Subsidiaries, except where such subscriptions, options, warrants, calls, rights or other agreements or commitments would not reasonably be expected to have, individually or in the aggregate,
a Material Adverse Effect or except as set forth on Schedule 3.07(h) to the Third Amended and Restated Credit Agreement. 

(i)        With respect to each Mortgaged Property on which significant surface Improvements are
located, there are no rights or claims of parties in possession not shown by the public records, encroachments, overlaps, boundary line disputes or other matters which would be disclosed by an accurate survey or inspection of the premises except as
would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 
 SECTION
3.08            Litigation; Compliance with Laws. 

(a)        Except as set forth on Schedule 3.08(a) to the Third Amended and Restated
Credit Agreement or would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect, (x) there are no actions, suits, investigations or proceedings at law or in equity or by or on behalf of any Governmental
Authority or in arbitration now pending against, or, to the knowledge of the Borrower, threatened in writing against or affecting, the Borrower or any of the other Restricted Subsidiaries or any business, property or rights of any such person
(i) as of the Third Amendment Effective Date, that involve any Loan Document or the Transactions or (ii) which would reasonably be expected, individually or in the aggregate, to materially adversely affect the Transactions; (y) none
of the Borrower or any Restricted Subsidiary has been notified in writing, or, to the knowledge of the Borrower and the Restricted Subsidiaries, otherwise notified, by the Federal Office of Surface Mining or the agency of any state administering the
Surface Mining Control and Reclamation Act of 1977, as amended, or any comparable state statute that it is: (i) ineligible to receive additional surface mining permits; or (ii) under investigation to determine whether their eligibility to
receive any Mining Permit should be revoked, i.e., “permit blocked”; and (z) to the knowledge of the Borrower, no facts exist that presently or upon the giving of notice or the lapse of time or otherwise would render any of the
Borrower or any Restricted Subsidiary ineligible to receive surface mining permits. Neither the Borrower nor, to the knowledge of any of the Loan Parties, any of its Affiliates is in violation of any laws relating to terrorism or money laundering,
including Executive Order No. 13224 on Terrorist Financing, effective September 23, 2001, and the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept 

  
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and Obstruct Terrorism Act of 2001, Public Law 107-56 (signed into law on October 26, 2001) (the “U.S. Patriot Act”). 

(b)        Except as set forth in Schedule 3.08(b) to the Third Amended and Restated Credit
Agreement none of the Borrower, the Restricted Subsidiaries or their respective assets is, as of the Third Amendment Effective Date, in violation of (nor will the continued operation of their material assets as currently conducted violate) any
currently applicable law, rule or regulation (including any zoning, building, Environmental Law, ordinance, code or approval, Mining Law, Mining Permit, Mining Lease or any building permit) or any restriction of record or agreement affecting any
Mortgaged Property, or is in default with respect to any order, judgment, writ, injunction or decree of any Governmental Authority, where such violation or default would reasonably be expected to have, individually or in the aggregate, a Material
Adverse Effect. 
 SECTION 3.09            Federal Reserve Regulations.

 (a)        None of the Borrower or the Restricted Subsidiaries is engaged principally, or as one
of its important activities, in the business of extending credit for the purpose of purchasing or carrying Margin Stock. 

(b)        No part of the proceeds of any Loan will be used, whether directly or indirectly, and
whether immediately, incidentally or ultimately, for any purpose that entails a violation of, or that is inconsistent with, the provisions of the Regulations of the Board, including Regulation U or Regulation X. 

SECTION 3.10            Investment Company Act.  None of the
Borrower or any Restricted Subsidiary is an “investment company” as defined in, or subject to regulation under, the Investment Company Act of 1940, as amended. 

SECTION 3.11            Use of Proceeds.  The Borrower will use
the proceeds from Borrowings of Revolving Facility Loans after the Fourth Amendment Effective Date for working capital and general corporate purposes. The Borrower will use the proceeds from the Term B Loans borrowed on the Fourth Amendment
Effective Date for the Transactions and general corporate purposes. 
 SECTION
3.12            Tax Returns.  Except as set forth on Schedule 3.12 to the Third Amended and Restated Credit Agreement: 

(a)        Each of the Borrower and each of its Subsidiaries (i) has timely filed
or caused to be timely filed all federal, state, local and non-U.S. Tax returns required to have been filed by it that are material to such companies taken as a whole and each such Tax return is true and correct in all material respects,
(ii) has timely paid or caused to be timely paid all material Taxes shown thereon to be due and payable by it and all other material Taxes or assessments, except Taxes or assessments that are being contested in good faith by appropriate
proceedings in accordance with Section 5.03 and for which the Borrower or any of its Subsidiaries (as the case may be) has set aside on its books 

  
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adequate reserves in accordance with GAAP and (iii) has materially complied with all of its obligations in its capacity as withholding agent under applicable law; 

(b)        Each of the Borrower and each of its Subsidiaries has paid in full or made
adequate provision (in accordance with GAAP) for the payment of all Taxes not yet due, which Taxes, if not paid or adequately provided for, would individually or in the aggregate reasonably be expected to have a Material Adverse Effect; and 

(c)        Other than as would not be, individually or in the aggregate, reasonably
expected to have a Material Adverse Effect: with respect to each of the Borrower and each of its Restricted Subsidiaries, (i) there are no claims being asserted in writing with respect to any Taxes, (ii) no presently effective waivers or
extensions of statutes of limitation with respect to Taxes have been given or requested and (iii) no Tax returns are being examined by, and no written notification of intention to examine has been received from, the Internal Revenue Service or
any other taxing authority. 
 SECTION 3.13            No Material
Misstatements. 
 (a)        All written information (other than the Projections, estimates and
information of a general economic nature) (the “Information”) concerning the Borrower, the Restricted Subsidiaries, the Fifth Amendment and Restatement Transactions and any other transactions contemplated hereby prepared by or on
behalf of the foregoing or their representatives (excluding any reserve reports) and made available to any Lenders or the Administrative Agent in connection with the Fifth Amendment and Restatement Transactions or the other transactions contemplated
hereby, when taken as a whole, were true and correct in all material respects, as of the date such Information was furnished to the Lenders and as of the Fifth Amendment Effective Date and did not contain any untrue statement of a material fact as
of any such date or omit to state a material fact necessary in order to make the statements contained therein not materially misleading in light of the circumstances under which such statements were made. 

(b)        The Projections and estimates and information of a general economic nature prepared by or
on behalf of the Borrower or any of its representatives and that have been made available to any Lenders or the Administrative Agent in connection with the Fifth Amendment and Restatement Transactions or the other transactions contemplated hereby
(i) have been prepared in good faith based upon assumptions believed by the Borrower to be reasonable as of the date thereof, as of the date such Projections and estimates were furnished to the initial Lenders hereunder, and as of the Fifth
Amendment Effective Date, and (ii) as of the Fifth Amendment Effective Date, have not been modified in any material respect by the Borrower. 

SECTION 3.14            Employee Benefit Plans.  Each of the
Borrower, the Subsidiaries and the ERISA Affiliates is in compliance with the applicable provisions of ERISA and the provisions of the Code relating to Plans and the regulations and published interpretations thereunder, except for such noncompliance
that would not reasonably be expected to have a Material Adverse Effect. The excess of the present value of all benefit liabilities under each Plan of the Borrower and each Subsidiary and the ERISA Affiliates (based on those assumptions used

  
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to fund such Plan), as of the last annual valuation date applicable thereto for which a valuation is available, over the value of the assets of such Plan would not reasonably be expected to have
a Material Adverse Effect, and the excess of the present value of all benefit liabilities of all underfunded Plans (based on those assumptions used to fund each such Plan) as of the last annual valuation dates applicable thereto for which valuations
are available, over the value of the assets of all such underfunded Plans would not reasonably be expected to have a Material Adverse Effect. No ERISA Event has occurred or is reasonably expected to occur that, when taken together with all
other ERISA Events which have occurred or for which liability is reasonably expected to occur, would reasonably be expected to result in a Material Adverse Effect. 

SECTION 3.15            Environmental Matters.  Except as
disclosed on Schedule 3.15 to the Third Amended and Restated Credit Agreement and except as to matters that would not reasonably be likely to have, individually or in the aggregate, a Material Adverse Effect (i) no written notice,
request for information, order, complaint or penalty has been received by the Borrower, or any of the Subsidiaries, and there are no judicial, administrative or other actions, suits or proceedings pending or threatened in writing against the
Borrower or any of the Subsidiaries which allege a violation of or liability under any Environmental Laws, in each case relating to the Borrower or any of the Subsidiaries, (ii) each of the Borrower and the Subsidiaries has obtained or in a
timely manner applied for all Permits necessary for ownership of its assets and for its operations as currently conducted to comply with all applicable Environmental Laws and is in compliance with the terms of such Permits and with all other
applicable Environmental Laws, (iii) the Borrower and the Subsidiaries have made available to the Administrative Agent prior to the Third Amendment Effective Date the most recent environmental audit, if any, then available with respect to the
operations of each of the Borrower and the Subsidiaries, (iv) to the knowledge of the Borrower and the Subsidiaries, no Hazardous Material is located at, on, under or is emanating from any property or facility currently owned, operated or
leased by the Borrower or any of the Subsidiaries that would reasonably be likely to give rise to any cost, liability or obligation of the Borrower or any of the Subsidiaries under any Environmental Laws, and no Hazardous Material has been
generated, owned or controlled by the Borrower or any of the Subsidiaries and disposed of, or transported to or Released at any location in a manner that would reasonably be likely to give rise to any cost, liability or obligation of the Borrower or
any of the Subsidiaries under any Environmental Laws, (v) to the knowledge of the Borrower and the Subsidiaries, there are no agreements in effect as of the Third Amendment Effective Date pursuant to which the Borrower or any of the
Subsidiaries has expressly assumed or undertaken responsibility for any liability or obligation of any other Person arising under or relating to Environmental Laws, which in any such case has not been made available to the Administrative Agent prior
to the Third Amendment Effective Date, (vi) to the knowledge of the Borrower and the Subsidiaries, there are no landfills, disposal areas, or surface impoundments (including slurry impoundments) located at, on, in or under the assets of the
Borrower or any Subsidiary for which the Borrower or any Subsidiary does not hold a valid Permit pursuant to Mining Laws and Environmental Laws, and which are closed or to be closed and reclaimed pursuant to Mining Laws and Environmental Laws, and
(vii) to the knowledge of the Borrower and the Subsidiaries as of the Third Amendment Effective Date, except as listed on Schedule 3.15(vii) to the Third Amended and Restated Credit Agreement there are not currently and since
January 1, 2008 there have not been any underground storage tanks “owned,” or “operated” (as defined by applicable Environmental Law) by any of the Borrower or any 

  
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Subsidiary or present or located on the Borrower’s or any Subsidiary’s Real Property. For purpose of Section 7.01(a), each of the representations and warranties contained in
clauses (iv), (v), (vi) and (vii) of this Section 3.15 that are qualified by the knowledge of the Borrower and the Subsidiaries shall be deemed not to be so qualified. 

SECTION 3.16            Security Documents. 

(a)        The Guarantee and Collateral Agreement is effective to create in favor of the Collateral
Agent (for the benefit of the Secured Parties) a legal, valid and enforceable security interest in the Collateral described therein and proceeds thereof. In the case of the Pledged Collateral (as defined in the Guarantee and Collateral Agreement)
constituting “securities” or “instruments” within the meaning of the UCC as in effect in the State of New York pledged under the Guarantee and Collateral Agreement, when certificates or instruments representing such Pledged
Collateral are delivered to the Collateral Agent in the State of New York, and in the case of the other Collateral described in the Guarantee and Collateral Agreement, when financing statements and other filings specified on Schedule 6 of the
Perfection Certificate dated as of March 1, 2013 in appropriate form are filed in the offices specified on Schedule 7 of the Perfection Certificate dated as of March 1, 2013, the Liens created by the Guarantee and Collateral Agreement
in favor of the Collateral Agent (for the benefit of the Secured Parties) will constitute fully perfected Liens on, and security interests in, all right, title and interest of the Loan Parties in such Collateral and, subject to Section 9-315 of
the New York Uniform Commercial Code, the proceeds thereof, as security for the Obligations to the extent perfection can be obtained by filing UCC financing statements, in each case prior and superior in right to any other person (except
(x) in the case of Equity Interests, Liens to secure Indebtedness incurred pursuant to Section 6.02(j) and (y) in the case of other Collateral, Liens expressly permitted by Section 6.03 and Liens having priority by operation of
law). 
 (b)        When a short-form of the Guarantee and Collateral Agreement is properly filed
in the United States Patent and Trademark Office and the United States Copyright Office, and, with respect to Collateral in which a security interest cannot be perfected by such filings, upon the proper filing of the financing statements referred to
in paragraph (a) above, the Liens created by the Guarantee and Collateral Agreement in favor of the Collateral Agent (for the benefit of the Secured Parties) will constitute (and, after giving effect to the Fifth Amendment and Restatement
Transactions, with respect to Loan Parties existing prior to the date hereof, continues to constitute) fully perfected Liens on, and security interests in, all right, title and interest of the Loan Parties thereunder in the Intellectual Property
registered in the name of the Loan Parties with the United States Patent and Trademark Office and the United States Copyright Office that constitutes Collateral, to the extent perfection can be obtained by filing with such offices and/or the UCC
financing statements, in each case prior and superior in right to any other person (it being understood that subsequent financing statements and filings and recordings in the United States Patent and Trademark Office and the United States Copyright
Office may be necessary to perfect a lien on registered trademarks and patents, trademark and patent applications and registered copyrights acquired by the grantors after the Third Amendment Effective Date). 

(c)        The Existing Mortgages are and the Additional Mortgages shall be (including after giving
effect to the Fifth Amendment and Restatement Transactions and the 

  
 102 

 
Mortgage Amendments) effective to create in favor of the Collateral Agent (for the benefit of the Secured Parties) a legal, valid and enforceable Lien on all of the Loan Parties’ right,
title and interest in and to the Mortgaged Property thereunder (it being understood, however, that such Mortgaged Property shall not include any lease, contract or other agreement to the extent and for so long as such lease, contract or other
agreement is excluded from the Mortgaged Property pursuant to the terms of each applicable Mortgage) and the proceeds thereof, and when such Mortgages, Mortgage Amendments and Additional Mortgages are filed or recorded in the proper real estate
filing or recording offices, the Liens created by the Mortgages in favor of the Collateral Agent (for the benefit of the Secured Parties) shall constitute (and, after giving effect to the Fifth Amendment and Restatement Transactions, shall continue
to constitute) fully perfected Liens on, and security interests in, all right, title and interest of the Loan Parties in such Mortgaged Property and, to the extent applicable, subject to Section 9-315 of the UCC, the proceeds thereof, in each
case prior and superior in right to any other Person, other than with respect to the rights of a Person pursuant to Permitted Real Estate Encumbrances and Liens having priority by operation of law. 

SECTION 3.17            Location of Real Property and
Premises.  Schedules 3.07(a)(i) and 3.07(a)(ii) hereto are a true, accurate and complete list of all of the Mortgaged Properties owned or leased as of the Fifth Amendment Effective Date. 

SECTION 3.18            Solvency. 

(a)        Immediately after giving effect to the Transactions to occur on the Fourth Amendment
Effective Date, (i) the fair value of the assets of the Borrower and its Restricted Subsidiaries on a consolidated basis, at a fair valuation, will exceed the debts and liabilities, direct, subordinated, contingent or otherwise, of the Borrower
and its Restricted Subsidiaries on a consolidated basis, respectively; (ii) the present fair saleable value of the property of the Borrower and its Restricted Subsidiaries on a consolidated basis will be greater than the amount that will be
required to pay the probable liability of the Borrower and its Restricted Subsidiaries, on a consolidated basis, respectively, on their debts and other liabilities, direct, subordinated, contingent or otherwise, as such debts and other liabilities
become absolute and matured; (iii) the Borrower and its Restricted Subsidiaries on a consolidated basis will be able to pay their debts and liabilities, direct, subordinated, contingent or otherwise, as such debts and liabilities become
absolute and matured; and (iv) the Borrower and its Restricted Subsidiaries on a consolidated basis did not and will not have unreasonably small capital with which to conduct the businesses in which they are engaged as such businesses are now
conducted and are proposed to be conducted following the Fifth Amendment Effective Date. 

(b)        The Borrower does not intend to, and does not believe that it or any of the Restricted
Subsidiaries will, incur debts beyond its ability to pay such debts as they mature, taking into account the timing and amounts of cash to be received by it or any such Restricted Subsidiary and the timing and amounts of cash to be payable on or in
respect of its Indebtedness or the Indebtedness of any such Restricted Subsidiary. 
 SECTION
3.19            Labor Matters.  Except as set forth on Schedule 3.19 to the Third Amended and Restated Credit Agreement or would not reasonably be expected to have,
individually or in the aggregate, a Material Adverse Effect, (a) there are no strikes pending or 

  
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threatened against the Borrower or any of the Subsidiaries; (b) the hours worked and payments made to employees of the Borrower and the Subsidiaries have not been in violation in any respect
of the Fair Labor Standards Act or any other applicable law dealing with such matters; (c) all payments due from the Borrower or any of the Subsidiaries or for which any claim may be made against the Borrower or any of the Subsidiaries, on
account of wages and employee health and welfare insurance and other benefits have been paid or accrued as a liability on the books of the Borrower or such Subsidiary to the extent required by GAAP; and (d) consummation of the Transactions will
not give rise to a right of termination or right of renegotiation on the part of any union under any collective bargaining agreement to which the Borrower or any of the Subsidiaries (or any predecessor) is a party or by which the Borrower or any of
the Subsidiaries (or any predecessor) is bound, other than collective bargaining agreements that, individually or in the aggregate, are not material to the Borrower and the Subsidiaries, taken as a whole. 

SECTION 3.20            Insurance.  Schedule 3.20 to
the Third Amended and Restated Credit Agreement sets forth a true, complete and correct description of all material insurance maintained by or on behalf of the Borrower or the Restricted Subsidiaries as of the Third Amendment Effective Date. As of
such date, such insurance is in full force and effect. The Borrower believes that the insurance maintained by or on behalf of the Borrower and the Restricted Subsidiaries is adequate. 

SECTION 3.21            Anti-Terrorism Law. 

(a)        No Loan Party and, to the knowledge of the Borrower, no officers, directors, employees,
brokers, agent or Affiliate of any Loan Party is in violation of any laws relating to terrorism or money laundering (“Anti-Terrorism Laws”), including Executive Order No. 13224 on Terrorist Financing, effective
September 24, 2001 (the “Executive Order”), and the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, Public Law 107-56. 

(b)        No Loan Party and, to the knowledge of the Borrower, no officers, directors, employees,
broker, other agent or Affiliate of any Loan Party acting or benefiting in any capacity in connection with the Loans is any of the following: 

  (i)        a person that is listed in the annex to, or is otherwise
subject to the provisions of, the Executive Order; 
  (ii)       a person owned or
controlled by, or acting for or on behalf of, any person that is listed in the annex to, or is otherwise subject to the provisions of, the Executive Order; 

(iii)      a person with which any Lender is prohibited from dealing or otherwise engaging in
any transaction by any Anti-Terrorism Law; 
 (iv)      a person that is named as a
“specially designated national and blocked person” on the most current list published by the U.S. Treasury Department Office of Foreign Assets Control (“OFAC”) at its official website or any replacement website or other
replacement official publication of such list or 

  
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 (v)        a person is (i) currently
the subject or target of any Sanctions or (ii) located, organized or resident in a Designated Jurisdiction. 

(c)        No Loan Party and, to the knowledge of the Borrower, no officer, directors, employees,
agent, when acting on behalf of any Loan Party, or Affiliate of any Loan Party is aware of or has taken any action, directly or indirectly, that would result in a violation by such persons of the FCPA, including, without limitation, making use of
the mails or any means or instrumentality of interstate commerce corruptly in furtherance of an offer, payment, promise to pay or authorization of the payment of any money, or other property, gift, promise to give, or authorization of the giving of
anything of value to any “foreign official” (as such term is defined in the FCPA) or any foreign political party or official thereof or any candidate for foreign political office, in contravention of the FCPA and the Company, its
subsidiaries and, to the knowledge of the Company, its affiliates have conducted their businesses in compliance with the FCPA in all material respects and have instituted and maintain policies and procedures designed to ensure, and which are
reasonably expected to continue to ensure, continued compliance therewith. 
 ARTICLE IV 

CONDITIONS OF LENDING 
 SECTION
4.01            [Reserved]. 
 SECTION
4.02            All Credit Events.  On the date of each Borrowing and on the date of each issuance, amendment, extension or renewal of a Letter of Credit (each such event a
“Credit Event”) (other than the Initial Credit Event): 

(a)        The Administrative Agent shall have received, in the case of a Borrowing, a
Borrowing Request as required by Section 2.03 or, in the case of the issuance of a Letter of Credit, the applicable Issuing Bank and the Administrative Agent shall have received a notice requesting the issuance of such Letter of Credit as
required by Section 2.05(b). 
 (b)        The representations and warranties
set forth in Article III hereof shall be true and correct in all material respects (and in all respects if any such representation or warranty is already qualified by materiality) on and as of the date of such Borrowing or issuance, amendment,
extension or renewal of a Letter of Credit (other than an amendment, extension or renewal of a Letter of Credit without any increase in the stated amount of such Letter of Credit), as applicable, with the same effect as though made on and as of such
date, except to the extent such representations and warranties expressly relate to an earlier date (in which case such representations and warranties shall be true and correct in all material respects as of such earlier date). 

(c)        At the time of and immediately after such Borrowing or issuance, amendment,
extension or renewal of a Letter of Credit (other than an amendment, extension or renewal of a Letter of Credit without any increase in the stated amount of 

  
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such Letter of Credit), as applicable, no Event of Default or Default shall have occurred and be continuing. 

Each Borrowing and each issuance, amendment, extension or renewal of a Letter of Credit shall be deemed to constitute a representation and
warranty by the Borrower on the date of such Borrowing, issuance, amendment, extension or renewal as applicable, as to the matters specified in paragraphs (b) and (c) of this Section 4.02. 

In addition to the other conditions precedent herein set forth, if any Lender becomes, and during the period it remains, a Defaulting Lender,
each Issuing Bank will not be required to issue any Letter of Credit or to amend any outstanding Letter of Credit to increase the face amount thereof, alter the drawing terms thereunder or extend the expiry date thereof, and the Swingline Lender
will not be required to make any Swingline Loan, unless such Issuing Bank or the Swingline Lender, as the case may be, is satisfied that any exposure that would result therefrom is eliminated or fully covered by Cash Collateralization satisfactory
to each Issuing Bank or Swingline Lender. 
 ARTICLE V 

AFFIRMATIVE COVENANTS 
 The
Borrower covenants and agrees with each Lender that, so long as this Agreement shall remain in effect and until the commitments have been terminated and the principal of and interest on each Loan, all Fees and all other expenses or amounts payable
under any Loan Document shall have been paid in full and all Letters of Credit have been canceled or have expired and all amounts drawn thereunder have been reimbursed in full, unless the Required Lenders shall otherwise consent in writing, the
Borrower will and will cause each of the Restricted Subsidiaries to: 
 SECTION
5.01            Existence; Businesses and Properties. 

(a)        Do or cause to be done all things necessary to preserve, renew and keep in full force and
effect its legal existence, except as otherwise expressly permitted under Section 6.04, and except where failure to do so would not reasonably be expected to have a Material Adverse Effect. 

(b)        Do or cause to be done all things reasonably necessary to (i) obtain, preserve,
renew, extend and keep in full force and effect the permits, franchises and authorizations necessary to the normal conduct of its business, and, subject to the Borrower’s reasonable business judgment, the material patents, trademarks, service
marks, trade names, copyrights and rights or licenses with respect thereto necessary to the normal conduct of its business, (ii) comply in all respects with all applicable laws, rules, regulations (including any zoning, mining, building,
ordinance, code or approval or any building permits or any restrictions of record or agreements affecting the Mortgaged Properties) and judgments, writs, injunctions, decrees and orders of any Governmental Authority, whether now in effect or
hereafter enacted and (iii) at all times maintain and preserve all property necessary to the normal conduct of its business and keep such property in good repair, working order and condition (ordinary wear and

  
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tear and damage by fire or other casualty or taking by condemnation excepted) and from time to time make, or cause to be made, all needful and proper repairs, renewals, additions, improvements
and replacements thereto necessary in order that the business carried on in connection therewith, if any, may be properly conducted at all times, except in each case where failure to do so would not reasonably be expected to have a Material Adverse
Effect. 
 SECTION 5.02            Insurance. 

(a)        Keep its insurable properties insured at all times by financially sound and reputable
insurers in such amounts as shall be customary for similar businesses and maintain such other reasonable insurance (including, to the extent consistent with past practices, industry practices and self-insurance), of such types, to such extent and
against such risks, as is customary with companies in the same or similar businesses and maintain such other insurance as may be required by law or any other Loan Document. 

(b)        Keep its insurable Mortgaged Properties adequately insured, with customary deductibles, at
all times by financially sound and reputable insurers, including self-insurance in accordance with customary industry practices; cause all property and casualty insurance policies with respect to the Mortgaged Properties to be endorsed or otherwise
amended to include a “standard” or “New York” lender’s loss payable endorsement, in form and substance reasonably satisfactory to the Administrative Agent and the Collateral Agent, which endorsement shall provide that,
from and after the Third Amendment Effective Date, if the insurance carrier shall have received written notice from the Administrative Agent or the Collateral Agent of the occurrence of an Event of Default, the insurance carrier shall pay all
proceeds otherwise payable to any of the Loan Parties under such policies directly to the Collateral Agent; cause all such policies to provide that neither the Borrower, the Administrative Agent, the Collateral Agent nor any other party shall be a
coinsurer thereunder; and, with respect to all Mortgaged Properties, deliver original or certified copies of all such policies or a certificate of an insurance broker to the Collateral Agent; cause each such policy to provide that it shall not be
canceled or not renewed upon less than thirty (30) days’ prior written notice thereof by the insurer to the Administrative Agent and the Collateral Agent; deliver to the Administrative Agent and the Collateral Agent, prior to the
cancellation or nonrenewal of any such policy of insurance, a copy of a renewal or replacement policy (or other evidence of renewal of a policy previously delivered to the Administrative Agent and the Collateral Agent), or insurance certificate with
respect thereto, together with evidence satisfactory to the Administrative Agent and the Collateral Agent of payment of the premium therefor. 

(c)        If any portion of any Mortgaged Property upon which a “Building” (as defined in
12 CFR Chapter 11, Section 339.2) is located is at any time located in an area identified by the Federal Emergency Management Agency (or any successor agency) as a Special Flood Hazard Area with respect to which flood insurance has been made
available under the Flood Insurance Laws, then the Borrower shall, or shall cause each Loan Party to (i) maintain, or cause to be maintained, with a financially sound and reputable insurer, flood insurance in an amount and otherwise sufficient
to comply with all applicable rules and regulations promulgated pursuant to the Flood Insurance Laws and (ii) deliver to the Collateral Agent evidence of such compliance in form and substance reasonably acceptable to the Collateral Agent,
including, without limitation evidence of annual renewals of such insurance. 

  
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 (d)        With respect to each Mortgaged Property,
carry and maintain comprehensive general liability insurance (or equivalent coverage) and coverage against claims made for personal injury (including bodily injury, death and property damage) and umbrella liability insurance against any and all
claims, in each case in amounts and against such risks as are customarily maintained by companies engaged in the same or similar industry operating in the same or similar locations naming the Collateral Agent as an additional insured, on forms
reasonably satisfactory to the Collateral Agent. 
 (e)        Notify the Administrative Agent and
the Collateral Agent promptly whenever any separate insurance concurrent in form or contributing in the event of loss with that required to be maintained under this Section 5.02 is taken out by the Borrower or any of its Restricted
Subsidiaries; and promptly deliver to the Administrative Agent and the Collateral Agent a duplicate original copy of such policy or policies, or an insurance certificate with respect thereto. 

(f)        In connection with the covenants set forth in this Section 5.02, it is understood and
agreed that: 
 (i)        none of the Agents, the Lenders, the Issuing Bank and
their respective agents or employees shall be liable for any loss or damage insured by the insurance policies required to be maintained under this Section 5.02, it being understood that (A) the Borrower and the other Loan Parties shall
look solely to their insurance companies or any other parties other than the aforesaid parties for the recovery of such loss or damage and (B) such insurance companies shall have no rights of subrogation against the Agents, the Lenders, any
Issuing Bank or their agents or employees. If, however, the insurance policies do not provide waiver of subrogation rights against such parties, as required above, then the Borrower hereby agrees, to the extent permitted by law, to waive, and to
cause each of its Restricted Subsidiaries to waive, its right of recovery, if any, against the Agents, the Lenders, any Issuing Bank and their agents and employees; and 

(ii)       the designation of any form, type or amount of insurance coverage by the
Administrative Agent, the Collateral Agent under this Section 5.02 shall in no event be deemed a representation, warranty or advice by the Administrative Agent, the Collateral Agent or the Lenders that such insurance is adequate for the
purposes of the business of the Borrower and its Restricted Subsidiaries or the protection of their properties. 
 SECTION
5.03            Taxes.  Pay and discharge promptly when due all material Taxes, assessments and governmental charges or levies imposed upon it or upon its income or profits
or in respect of its property, before the same shall become delinquent or in default, as well as all lawful claims for labor, materials and supplies or otherwise that, if unpaid, might give rise to a Lien upon such properties or any part thereof;
provided, however, that such payment and discharge shall not be required with respect to any such Tax, assessment, charge, levy or claim so long as the validity or amount thereof shall be contested in good faith by appropriate
proceedings, and the Borrower or the affected Restricted Subsidiary, as applicable, shall have set aside on its books adequate reserves in accordance with GAAP with respect thereto. 

  
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 SECTION 5.04            Financial
Statements, Reports, etc.  Furnish to the Administrative Agent (which will promptly furnish such information to the Lenders): 

(a)        within 90 days (or such shorter period as the SEC shall specify for
the filing of Annual Reports on Form 10-K) after the end of each fiscal year, commencing with the fiscal year ended December 31, 2011, a consolidated balance sheet and related statements of operations,
cash flows and owners’ equity showing the financial position of the Borrower and the Subsidiaries as of the close of such fiscal year and the consolidated results of their operations during such year and setting forth in comparative form the
corresponding figures for the prior fiscal year, all audited by independent public accountants of recognized national standing reasonably acceptable to the Administrative Agent and accompanied by an opinion of such accountants (which shall not be
qualified in any material respect) to the effect that such consolidated financial statements (A) have been prepared in accordance with GAAP and (B) present fairly and accurately the consolidated financial condition and results of
operations and cash flows of the Borrower and its subsidiaries as of the dates and for the periods to which they relate (it being understood that the delivery by the Borrower of Annual Reports on Form 10-K of
the Borrower and its consolidated Subsidiaries shall satisfy the requirements of this Section 5.04(a) to the extent such Annual Reports include the information specified herein); 

(b)        commencing with the fiscal quarter ended June 30, 2011, within 45 days
(or such shorter period as the SEC shall specify for the filing of Quarterly Reports on Form 10-Q) after the end of each of the first three fiscal quarters of each fiscal year, a consolidated balance sheet and
related statements of operations and cash flows showing the financial position of the Borrower and the Subsidiaries as of the close of such fiscal quarter and the consolidated results of their operations during such fiscal quarter and the
then-elapsed portion of the fiscal year and setting forth in comparative form the corresponding figures for the corresponding periods of the prior fiscal year, all certified by a Financial Officer of the Borrower, on behalf of the Borrower, as
(A) having been prepared in accordance with GAAP and (B) presenting fairly and accurately the consolidated financial condition and results of operations and cash flows of the Borrower and its subsidiaries as of the dates and for the
periods to which they relate, subject, in the case of clauses (A) and (B), to the absence of footnotes and to normal year-end audit (it being understood that the delivery by the Borrower of Quarterly Reports on Form 10-Q of the Borrower and its consolidated Subsidiaries shall satisfy the requirements of this Section 5.04(b) to the extent such Quarterly Reports include the information specified herein); 

(c)        (x) concurrently with any delivery of financial statements under
(a) or (b) above, a certificate of a Financial Officer of the Borrower (i) certifying that no Event of Default or Default has occurred or, if such an Event of Default or Default has occurred, specifying the nature and extent thereof
and any corrective action taken or proposed to be taken with respect thereto and (ii) commencing with the fiscal period ending June 30, 2011, setting forth computations in reasonable detail satisfactory to the Administrative Agent
demonstrating compliance with the covenants contained in Sections 6.11 and 6.15, as applicable and (y) concurrently with any delivery of financial statements under (a)

  
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above, a certificate of the accounting firm opining on or certifying such statements stating whether they obtained knowledge during the course of their examination of such statements of any Event
of Default resulting from a breach of Section 6.11 or 6.15, as applicable (which certificate may be limited to accounting matters and disclaim responsibility for legal interpretations); 

(d)        promptly after the same become publicly available, copies of all periodic
and other publicly available reports, proxy statements and, to the extent requested by the Administrative Agent, other materials filed by the Borrower or any of its Subsidiaries with the SEC or distributed to the stockholders of the Borrower
generally, as applicable; 
 (e)        if, as a result of any change in accounting
principles and policies from those as in effect on the Third Amendment Effective Date, the consolidated financial statements of the Borrower and the Subsidiaries delivered pursuant to paragraphs (a) or (b) above will differ in any material
respect from the consolidated financial statements that would have been delivered pursuant to such clauses had no such change in accounting principles and policies been made, then, 30 days after the first delivery of financial statements pursuant to
paragraphs (a) and (b) above following such change, a schedule prepared by a Financial Officer on behalf of the Borrower reconciling such changes to what the financial statements would have been without such changes; 

(f)        within 90 days after the beginning of each fiscal year, an operating
and capital expenditure budget, in form satisfactory to the Administrative Agent prepared by the Borrower for each of the four fiscal quarters of such fiscal year prepared in reasonable detail, of the Borrower and the Subsidiaries, accompanied by
the statement of a Financial Officer of the Borrower to the effect that, to the best of his knowledge, the budget is a reasonable estimate for the period covered thereby; 

(g)        concurrently with the delivery of financial statements under clause
(a) above and otherwise upon the reasonable request of the Administrative Agent, updated Perfection Certificates (or, to the extent such request relates to specified information contained in the Perfection Certificates, such information)
reflecting all changes since the date of the information most recently received pursuant to this paragraph (g); 

(h)        promptly, from time to time, such other information regarding the
operations, business affairs and financial condition of the Borrower or any of its Subsidiaries, or compliance with the terms of any Loan Document, or such consolidating financial statements, as in each case the Administrative Agent may reasonably
request (for itself or on behalf of any Lender); 
 (i)        promptly upon request
by the Administrative Agent, copies of: (i) each Schedule B (Actuarial Information) to the annual report (Form 5500 Series) filed with the Internal Revenue Service with respect to a Plan; (ii) the most recent actuarial valuation
report for any Plan; (iii) all notices received from a Multiemployer Plan sponsor or any Governmental Authority concerning an ERISA Event; and (iv) such other documents or governmental reports or filings relating to any Plan or
Multiemployer Plan as the Administrative Agent shall reasonably request; and 

  
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 (j)        deliver to the Administrative
Agent for prompt further distribution to each Lender, simultaneously with the delivery of each set of consolidated financial statements referred to in Sections 5.04(a) and (b), a summary consolidating statement of income (loss) from continuing
operations, net income (loss), revenue, EBITDA, assets, liabilities and any net increase (decrease) in cash and equivalents, of Unrestricted Subsidiaries for the relevant period and use commercially reasonable efforts to make senior officers of the
Borrower available to discuss such information or the information specified in Section 5.04(a) promptly after such information is delivered to the Administrative Agent. 

Documents required to be delivered pursuant to Section 5.04(a), 5.04(b) or 5.04(d) (to the extent any such documents are included in
materials otherwise filed with the SEC) may be delivered electronically and if so delivered, shall be deemed to have been delivered on the date (i) on which the Borrower posts such documents, or provides a link thereto on the Borrower’s
website on the Internet, at www.alphanr.com; provided that the Borrower shall notify the Administrative Agent and each Lender (by telecopier or electronic mail) of the posting of any such documents and provide to the Administrative Agent by
electronic mail electronic versions (i.e., soft copies) of such documents. 
 SECTION
5.05            Notices.  Furnish to the Administrative Agent written notice of the following promptly after any Responsible Officer of the Borrower obtains actual
knowledge thereof: 
 (a)        any Event of Default or Default, specifying the
nature and extent thereof and the corrective action (if any) proposed to be taken with respect thereto; 

(b)        the filing or commencement of, or any written threat or notice of intention
of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority or in arbitration, against the Borrower or any of its Subsidiaries as to which an adverse determination is
reasonably probable and which, if adversely determined, would reasonably be expected to have a Material Adverse Effect; and 

(c)        the occurrence of any ERISA Event, that together with all other ERISA
Events that have occurred, would reasonably be expected to have a Material Adverse Effect. 
 SECTION
5.06            Compliance with Laws.  Comply with all laws, rules, regulations and orders of any Governmental Authority applicable to it or its property (owned or leased),
including all Mining Laws and Mining Permits, except where the failure to do so, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect; provided that this Section 5.06 shall not apply
to Environmental Laws, which are the subject of Section 5.09, or to laws related to Taxes, which are the subject of Section 5.03. 

SECTION 5.07            Maintaining Records; Access to Properties and
Inspections.  Maintain all financial records in accordance with GAAP and permit any persons designated by the Administrative Agent or, upon the occurrence and during the continuance of an Event of Default, any Lender to visit and
inspect the financial records and the properties of the Borrower 

  
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or any of its Subsidiaries at reasonable times, upon reasonable prior notice to the Borrower, and as often as reasonably requested and to make extracts from and copies of such financial records,
and permit any persons designated by the Agents or, upon the occurrence and during the continuance of an Event of Default, any Lender upon reasonable prior notice to the Borrower to discuss the affairs, finances and condition of the Borrower or any
of the Subsidiaries with the officers thereof and independent accountants therefor (subject to reasonable requirements of confidentiality, including requirements imposed by law or by contract). 

SECTION 5.08            Use of Proceeds.  Use the proceeds of
the Loans and the issuance of Letters of Credit solely for the purposes described in Section 3.11. The Borrower will not directly or indirectly use the proceeds of the Loans or otherwise make available such proceeds to any Person, for the
purpose of financing activities prohibited by Sanctions of any Person or in any manner that results in a violation by any Person participating in this Loan, whether as Borrower, Lender or Agent, of (i) any Sanctions, (ii) the FCPA or
(iii) any Anti-Terrorism Law. 
 SECTION 5.09            Compliance
with Environmental Laws.  Comply, and make commercially reasonable efforts to cause all lessees and other persons occupying its properties to comply, with all Environmental Laws applicable to its operations, facilities and properties;
and obtain and renew all Permits required pursuant to Environmental Laws for its operations, facilities and properties, in each case in accordance with Environmental Laws, except, in each case with respect to this Section 5.09, to the extent
the failure to do so would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 
 SECTION
5.10            Covenant to Guarantee Obligations and Give Security.  At the Borrower’s expense, subject to any applicable limitation in any Security Document, the
Borrower shall: 
 (a)        upon, after the Third Amendment Effective Date,
(1) the formation or acquisition of any new direct or indirect Wholly Owned Domestic Subsidiary by any Loan Party, (2) the designation in accordance with Section 5.13 of any existing wholly owned domestic Unrestricted Subsidiary of a
Loan Party as a Restricted Subsidiary or (3) any Domestic Subsidiary becoming a Wholly Owned Domestic Subsidiary, in each case, with respect to clauses (1), (2) and (3), other than (x) an Unrestricted Subsidiary or (y) a newly
acquired Subsidiary whose Indebtedness outstanding at the time of its acquisition would restrict the ability of such Subsidiary to become a Subsidiary Guarantor or require that a Lien securing other Indebtedness also secure any outstanding
Indebtedness of such newly acquired Subsidiary, as designated in writing and delivered to the Administrative Agent and Collateral Agent: 

(i)    within forty-five (45) days after such formation, acquisition or designation or such longer
period as the Administrative Agent may agree in its reasonable discretion: 

(A)       cause each such Wholly Owned Domestic Subsidiary (a “New Subsidiary
Guarantor”) to execute a counterpart to the Guarantee and Collateral Agreement; 

  
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 (B)       cause the security interests
granted by such New Subsidiary Guarantor pursuant to the Guarantee and Collateral Agreement to be perfected to the extent required by the Guarantee and Collateral Agreement; 

(ii)   within ninety (90) days after such formation, acquisition or designation or such longer period as
the Administrative Agent may agree in its reasonable discretion deliver to the Collateral Agent, to the extent such formation, acquisition or designation occurs after the Third Amendment Effective Date: 

(A)       an Additional Mortgage duly executed and acknowledged by the New Subsidiary
Guarantor with respect to each Material Real Property owned or leased by such New Subsidiary Guarantor, and in form for recording in the recording office where such Mortgaged Property is located, together with such certificates, affidavits,
questionnaires or returns as shall be required in connection with the recording or filing thereof under applicable law, in each case in form and substance reasonably satisfactory to the Collateral Agent; 

(B)       a completed “Life-of-Loan” Federal Emergency Management Agency
Standard Flood Hazard Determination with respect to each such Mortgaged Property to be subject to an Additional Mortgage on which a “Building” (as defined in 12 CFR Chapter III, Section 339.2) is located (together with a notice about
special flood hazard area status and flood disaster assistance duly executed by the Borrower and each Loan Party relating thereto); 

(C)       a copy of, or a certificate as to coverage under, and a declaration page
relating to, the insurance policies required by Section 5.02 of this Agreement (except that, with respect to flood insurance, the Collateral Agent must have received a copy of the insurance policies) and the applicable provisions of the
Security Documents, each of which shall (1) be endorsed or otherwise amended to include a “standard” or “New York” lender’s loss payable or mortgagee endorsement (as applicable); (2) name the Collateral Agent, on
behalf of the Secured Parties, as additional insured; (3) in the case of flood insurance, (x) identify the addresses of each property located in a special flood hazard area, (y) indicate the applicable flood zone designation, the
flood insurance coverage and the deductible relating thereto and (z) provide that the insurer will give the Collateral Agent forty-five (45) days’ written notice of cancellation or non-renewal and (4) otherwise be in form and
substance satisfactory to the Collateral Agent; 
 (D)       evidence reasonably
acceptable to the Collateral Agent of payment by the Borrower of all search and examination charges, mortgage recording taxes and related charges required for the recording of such Additional Mortgages; and 

  
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 (E)       an opinion of local counsel in form
and substance reasonably satisfactory to the Collateral Agent and such other documents, instruments, certificates and materials to the extent reasonably requested by the Collateral Agent, each in form and substance reasonably satisfactory to the
Collateral Agent. 
 (b)      within ninety (90) days after the acquisition by any Loan
Party of any Material Real Property owned by such Loan Party, to the extent acquired after the Fourth Amendment Effective Date, 

(i)   an Additional Mortgage duly executed and acknowledged by such Loan Party with respect to each Material
Real Property owned or leased by such Loan Party, and in form for recording in the recording office where such Mortgaged Property is located, together with such certificates, affidavits, questionnaires or returns as shall be required in connection
with the recording or filing thereof under applicable law, in each case in form and substance reasonably satisfactory to the Collateral Agent; 

(ii)  a completed “Life-of-Loan” Federal Emergency Management Agency Standard Flood Hazard Determination
with respect to each such Mortgaged Property on which a “Building” (as defined in 12 CFR Chapter III, Section 339.2) is located (together with a notice about special flood hazard area status and flood disaster assistance duly executed
by the Borrower and each Loan Party relating thereto); 
 (iii) a copy of, or a certificate as to coverage under, and
a declaration page relating to, the insurance policies required by Section 5.02 of this Agreement (except that, with respect to flood insurance, the Collateral Agent must have received a copy of the insurance policies) and the applicable
provisions of the Security Documents, each of which shall (1) be endorsed or otherwise amended to include a “standard” or “New York” lender’s loss payable or mortgagee endorsement (as applicable); (2) name the
Collateral Agent, on behalf of the Secured Parties, as additional insured; (3) in the case of flood insurance, (x) identify the addresses of each property located in a special flood hazard area, (y) indicate the applicable flood zone
designation, the flood insurance coverage and the deductible relating thereto and (z) provide that the insurer will give the Collateral Agent forty-five (45) days’ written notice of cancellation or non-renewal and (4) otherwise
be in form and substance satisfactory to the Collateral Agent; 
 (iv) evidence reasonably acceptable to the
Collateral Agent of payment by the Borrower of all search and examination charges, mortgage recording taxes and related charges required for the recording of such Additional Mortgages; and 

(v)  an opinion of local counsel in form and substance reasonably satisfactory to the Collateral Agent and such
other documents, instruments, 

  
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certificates and materials to the extent reasonably requested by the Collateral Agent, each in form and substance reasonably satisfactory to the Collateral Agent. 

(c)        Within one-hundred and eighty (180) days of the date hereof (or such
longer period as the Administrative Agent may agree in its reasonable discretion), the Borrower shall comply with the requirements of Section 5.10(b) with respect to each Massey Principal Property as if it had been acquired on the date hereof.

 Notwithstanding anything to the contrary herein, (1) the Borrower and its subsidiaries shall not be required to grant a security
interest in any (A) Excluded Assets or (B) any Real Property or other property held by the Borrower or any of its Restricted Subsidiaries as a lessee under a lease if the Collateral Agent determines (in its reasonable discretion) that the
Real Property or other property subject to such lease is not material to the business or operations of the Borrower and its subsidiaries, taken as a whole, and (2) if, and for so long as, the creation or perfection of pledges of or security
interests in particular assets, in the reasonable judgment of the Collateral Agent and the Borrower, the cost of creating or perfecting such pledges or security interests in such assets shall be excessive in view of the benefits to be obtained by
the Lenders therefrom, such assets need not be pledged. 
 SECTION
5.11            Fiscal Year; Accounting.  In the case of the Borrower, cause its fiscal year to end on December 31. 

SECTION 5.12            Proceeds of Certain Dispositions.  If,
as a result of the receipt of any cash proceeds by the Borrower or any Restricted Subsidiary in connection with any sale, transfer, lease or other disposition of any asset, including any Equity Interest, the Borrower would be required by the terms
of the Senior Note Indenture to make an offer to purchase any Senior Notes, then, prior to the first day on which the Borrower would be required to commence such an offer to purchase, (i) prepay Loans in accordance with Section 2.11 or
(ii) acquire, or cause a Restricted Subsidiary to acquire, assets, Equity Interests or other securities in a manner that is permitted by Section 6.01, in each case in a manner that will eliminate any such requirement to make such an offer
to purchase. 
 SECTION 5.13            Unrestricted Subsidiaries. 

(a)        The Board of Directors or other applicable governing body of the Borrower may at any time
designate any Restricted Subsidiary as an Unrestricted Subsidiary or designate any Unrestricted Subsidiary as a Restricted Subsidiary, upon receipt by the Administrative Agent of written notice from the Borrower that from and after such notice such
subsidiary shall be or cease to be an Unrestricted Subsidiary, as applicable; provided that (i) immediately before and after such designation, no Default or Event of Default shall have occurred and be continuing, (ii) other than for
purposes of designating a Restricted Subsidiary as an Unrestricted Subsidiary that is a Special Purpose Receivables Subsidiary, immediately after giving effect to such designation, on a Pro Forma Basis, the Borrower shall be in compliance with
Sections 6.11 and 6.15, if and as applicable at such time (and the Interest Coverage Ratio shall not be less than 2.00:1.00), and, as a condition precedent to the effectiveness of any such designation, the Borrower shall deliver to the
Administrative Agent a certificate notifying the Administrative Agent of any such designation and also setting forth in reasonable detail the 

  
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calculations demonstrating compliance with the such covenants. The designation of any Restricted Subsidiary as an Unrestricted Subsidiary shall constitute an Investment under Section 6.01 by
the Borrower therein at the date of designation in an amount equal to the net book value of the Borrower’s investment therein. The designation of any Unrestricted Subsidiary as a Restricted Subsidiary shall constitute the incurrence at the time
of designation of any Indebtedness or Liens of such Restricted Subsidiary existing at such time. 

(b)        The Borrower shall cause each Unrestricted Subsidiary to: (i) maintain entity records
and books of account separate from those of the Borrower and its Restricted Subsidiaries, (ii) not commingle its funds or assets with those of any of the Borrower and its Restricted Subsidiaries and (iii) provide that its board of
directors or other analogous governing body will hold all appropriate meetings to authorize and approve such entity’s actions, which meetings will be separate from those of the Borrower and its Restricted Subsidiaries. 

ARTICLE VI 
 NEGATIVE COVENANTS

 The Borrower covenants and agrees with each Lender that, so long as this Agreement shall remain in effect and until the Commitments have
been terminated and the principal of and interest on each Loan, all Fees and all other expenses or amounts payable under any Loan Document have been paid in full and all Letters of Credit have been canceled or have expired and all amounts drawn
thereunder have been reimbursed in full, unless the Required Lenders shall otherwise consent in writing, the Borrower will not, and will not permit any of its Restricted Subsidiaries to, on or after the Fifth Amendment Effective Date: 

SECTION 6.01            Investments.  Purchase or acquire
(including pursuant to any merger with a person that is not a Wholly Owned Subsidiary immediately prior to such merger) any Equity Interests in, evidences of Indebtedness or other securities of, or make any loans or advances to or Guarantees of the
Indebtedness of (each, an “Investment”), any other person, except: 

(a)        Investments in all of the outstanding stock of Massey; 

(b)        Investments by the Borrower or any Restricted Subsidiary in Loan Parties or
entities that become Loan Parties as a result of such Investments; 

(c)        Investments by the Borrower or any Restricted Subsidiary in
(x) Minority Ventures or Subsidiaries that are not Loan Parties or (y) entities that become Minority Ventures or Subsidiaries that are not Loan Parties as a result of such Investments; provided that at the time of such Investment
(i) no Event of Default shall have occurred and be continuing, (ii) after giving effect thereto on a Pro Forma Basis as if such Investment had been made on the first day of the most recent period of four consecutive fiscal quarters for
which financial statements have been delivered pursuant to Section 5.04(a) or (b), the Borrower shall be in compliance with Sections 6.11 and 6.15, if and as applicable at such time (and the Interest Coverage Ratio shall not be less than
2.00:1.00), and (iii) if, in the case of any such Investment, the Senior Secured Leverage Ratio, 

  
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calculated on a Pro Forma Basis as if such Investment had been made on the first day of the most recent four consecutive quarters for which financial statements have been delivered pursuant to
Section 5.04(a) or (b), exceeds 2.00 to 1.00, such Investment may only be made to the extent that (x) the amount of such Investment, when added to the aggregate amount outstanding of all other Investments made under this
Section 6.01(c)(x) on or after the Fourth Amendment Effective Date, does not exceed $500 million or (y) such Investment is in Gas Properties and the amount of such Investment, when added to the aggregate amount outstanding of all other
Investments in Gas Properties made under this Section 6.01(c)(y) on or after the Fourth Amendment Effective Date, does not exceed $300 million; 

(d)        other Investments by the Borrower or any Restricted Subsidiary;
provided that, in the case of any such Investment, such Investment may only be made to the extent that the amount of such Investment when added to the aggregate amount outstanding of all other Investments made under this Section 6.01(d)
on or after the Fourth Amendment Effective Date does not exceed the greater of $500 million and 5% of Consolidated Tangible Assets; provided, further, that, if, in the case of any such Investment, the Senior Secured Leverage Ratio,
calculated on a Pro Forma Basis as if such Investment had been made on the first day of the most recent four consecutive quarters for which financial statements have been delivered pursuant to Section 5.04(a) or (b), exceeds 2.00 to 1.00, such
Investment may only be made to the extent that the amount of such Investment, when added to the aggregate amount outstanding of all other Investments made under this Section 6.01(d) on or after the Fourth Amendment Effective Date, does not
exceed the greater of $300 million and 3.0% of Consolidated Tangible Assets; 

(e)        Investments made with or consisting of proceeds of Equity Issuance
Proceeds, to the extent Equity Issuance Proceeds are not utilized to make a Restricted Payment pursuant to Section 6.06; 

(f)        Investments of any Restricted Subsidiary acquired after the Third Amendment
Effective Date or of a corporation merged into or consolidated with the Borrower or any Restricted Subsidiary in accordance with Section 6.04 hereof, to the extent such Investments were not made in contemplation of or in connection with such
acquisition, merger or consolidation and were in existence on the date of such acquisition, merger or consolidation; 

(g)        Permitted Investments; 

(h)        Investments arising as a result of Permitted Receivables Financings; 

(i)        Swap Agreements permitted pursuant to Section 6.12; 

(j)        Investments arising out of the receipt by the Borrower or any Restricted Subsidiary of
noncash consideration for the disposition of assets permitted under Section 6.05; 

(k)       accounts receivable, advances and prepayments and other trade credits made in the ordinary
course of business; 

  
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 (l)        Investments received in satisfaction or
partial satisfaction of obligations of account debtors to the extent reasonably necessary in order to prevent or limit loss or received in connection with the bankruptcy or reorganization of, or settlement of delinquent accounts and disputes with or
judgments against, customers and suppliers; 
 (m)       Investments resulting from pledges and deposits
made in the ordinary course of business; 
 (n)        loans and advances to employees of the
Borrower or any Restricted Subsidiary in the ordinary course of business; 
 (o)        Investments
in the Equity Interests of the Borrower in connection with the purchase or redemption of Equity Interests held by then present or former directors, consultants, officers or employees of the Borrower or any of the Subsidiaries or by any Plan; and

 (p)        Investments in the Equity Interests of the Borrower permitted by Section 6.06.

 The amount of any Investment, other than a Guarantee, shall be (i) the amount actually invested, as determined at the time of each
such Investment, without adjustment for subsequent increases or decreases in the value of such Investment, minus (ii) the amount of dividends or distributions received in connection with such Investment and any return of capital and any
payment of principal received in respect of such Investment that in each case is received in cash, cash equivalents or short-term marketable debt securities (not in excess of the amount of Investments originally made). The amount of any Guarantee
shall be deemed to be an amount equal to the stated or determinable amount of the related primary obligation, or portion thereof, in respect of which such Guarantee is made or, if not stated or determinable, the maximum reasonably anticipated
liability in respect thereof as determined by the guaranteeing Person in good faith. 
 SECTION
6.02            Indebtedness.  Incur, create or assume any Indebtedness, except: 

(a)        Indebtedness under the Loan Documents; 

(b)        other Indebtedness; provided that (i) no Event of Default shall
have occurred and be continuing and (ii) after giving effect thereto on a Pro Forma Basis as if such incurrence had occurred on the first day of the most recent period of four consecutive fiscal quarters for which financial statements have been
delivered pursuant to Section 5.04(a) or (b), the Borrower shall be in compliance with Sections 6.11 and 6.15, if and as applicable on the date of such incurrence, and the Interest Coverage Ratio shall not be less than 2.00:1.00; 

(c)        the Senior Notes and any Permitted Refinancing Indebtedness thereof; 

(d)        (x) Indebtedness of Massey and its subsidiaries to the extent such
Indebtedness was outstanding on the Third Amendment Effective Date and, for each individual obligation in excess of $10 million, listed on Schedule 6.02(d) to the Third 

  
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Amended and Restated Credit Agreement, and (y) any Permitted Refinancing Indebtedness of any such Indebtedness; 

(e)        any Permitted Refinancing Indebtedness of Indebtedness listed on
Schedule 6.02(e) to the Third Amended and Restated Credit Agreement; 

(f)        (i) Permitted Notes in an aggregate outstanding principal amount, when
aggregated with the amount of Additional Term Loans and Additional Revolving Facility Commitments outstanding pursuant to Section 2.20, not to exceed $800 million plus the Revolving Facility Commitment Capacity; provided that this
limitation shall be increased by (x) $750 million if, at the time of such incurrence, after giving effect on a Pro Forma Basis to such incurrence and to the incurrence of any Additional Term Loans and any Additional Revolving Facility
Commitments (other than Additional Revolving Facility Commitments utilizing Revolving Facility Commitment Capacity) as if they were fully drawn on the first day of the most recent period of four consecutive fiscal quarters for which financial
statements have been delivered pursuant to Section 5.04(a) or (b) as if such incurrence had occurred on such day, the Gross Senior Secured Leverage Ratio shall not be in excess of 2.00 to 1.00 and (y) an additional $750 million if, at
the time of such incurrence, after giving effect on a Pro Forma Basis to such incurrence and to the incurrence of any Additional Term Loans and any Additional Revolving Facility Commitments (other than Additional Revolving Facility Commitments
utilizing Revolving Facility Commitment Capacity) as if they were fully drawn on the first day of the most recent period of four consecutive fiscal quarters for which financial statements have been delivered pursuant to Section 5.04(a) or
(b) as if such incurrence had occurred on such day, the Gross Senior Secured Leverage Ratio shall not be in excess of 1.00 to 1.00; provided further that the first $800 million principal amount of Permitted Notes shall be issued
in the form of Permitted Junior Notes; (ii) Permitted Notes in excess of the amount permitted under the foregoing clause (i), the Net Cash Proceeds of which are applied to the permanent repayment of Term B Loans pursuant to Section 2.11;
and (iii) in the case of Permitted Notes incurred under any of the foregoing clauses (i) and (ii), Permitted Refinancing Indebtedness in respect thereof; 

(g)        Indebtedness of the Borrower to any Restricted Subsidiary and of any
Restricted Subsidiary to the Borrower or any other Restricted Subsidiary; provided that Indebtedness of any Loan Party to any Restricted Subsidiary that is not a Loan Party (the “Subordinated Intercompany Debt”) shall be
subordinated to the Obligations on terms reasonably satisfactory to the Administrative Agent; 

(h)        Capital Lease Obligations, mortgage financings, industrial revenue bonds,
purchase money Indebtedness or other Indebtedness or preferred stock, or synthetic lease obligations with respect to assets of the Borrower or any Restricted Subsidiary and any Permitted Refinancing Indebtedness thereof; provided that the
initial Indebtedness is incurred within 270 days after the acquisition, construction, lease, installation or improvement of such assets; provided, further, that, in the case of any such Indebtedness, such Indebtedness may only be
incurred to the extent that the aggregate principal amount outstanding of such Indebtedness and all other Indebtedness incurred under this Section 6.02(h) on or after the Third Amendment Effective Date shall not exceed the greater of

  
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$500 million and 5% of Consolidated Tangible Assets as of the end of the fiscal quarter immediately prior to the date such Indebtedness is incurred for which financial statements have been
delivered pursuant to Section 5.04(a) or (b); 
 (i)        Capital Lease
Obligations incurred by the Borrower or any Restricted Subsidiary in respect of any Sale and Lease-Back Transaction that is permitted under Section 6.05; 

(j)        (x) (i) Indebtedness of a Restricted Subsidiary acquired after the
Third Amendment Effective Date or a corporation merged into or consolidated with the Borrower or any Restricted Subsidiary after the Third Amendment Effective Date, (ii) Indebtedness incurred to finance the acquisition of a Restricted
Subsidiary after the Third Amendment Effective Date or a corporation merged into or consolidated with the Borrower or any Restricted Subsidiary after the Third Amendment Effective Date and (iii) Indebtedness assumed or incurred in connection
with the acquisition of assets, where such acquisition, merger or consolidation is permitted by the Agreement, and (y) any Permitted Refinancing Indebtedness incurred to Refinance such Indebtedness; provided that (i) no Event of
Default shall have occurred and be continuing and (ii) after giving effect thereto on a Pro Forma Basis as if such incurrence had occurred on the first day of the most recent period of four consecutive fiscal quarters for which financial
statements have been delivered pursuant to Section 5.04(a) or (b), the Borrower shall be in compliance with Section 6.11 and 6.15, if and as applicable on the date of such incurrence, and the Interest Coverage Ratio shall not be less than
2.00:1.00; 
 (k)       Guarantees of any Indebtedness of the Borrower or any Restricted
Subsidiary otherwise permitted hereunder; 
 (l)        Indebtedness in connection
with Permitted Receivables Financings; 
 (m)      Indebtedness of the Borrower and the
Restricted Subsidiaries pursuant to Swap Agreements permitted by Section 6.12; 

(n)       standby letters of credit or bank guarantees (other than Letters of Credit issued
pursuant to Section 2.05) securing Indebtedness having an aggregate face amount not in excess of $100 million; 

(o)       Indebtedness supported by a Letter of Credit, or a letter of credit permitted by
Section 6.02(n), in a principal amount outstanding not in excess of the stated amount of such Letter of Credit or such letter of credit; 

(p)       Guarantees of Indebtedness of contractors and suppliers of the Borrower or any of
the Restricted Subsidiaries or of persons who are not Affiliates of the Borrower and with whom the Borrower or any of its Restricted Subsidiaries has an existing business relationship in support of financing or bonding arrangements for such
contractors or suppliers or such other person in connection with such business relationship; provided that the obligations of the Borrower or any of the Subsidiaries pursuant to this Section 6.02(p) shall not exceed $50 million at any
time outstanding; 

  
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 (q)       Indebtedness relating to the
financing of insurance policy premiums; provided that (i) such insurance is for the benefit of the Loan Parties and (ii) the aggregate principal amount outstanding of Indebtedness permitted by this Section 6.02(q) shall not
exceed $100 million at any time; 
 (r)        all premium (if any), interest
(including post-petition interest), fees, expenses, charges and additional or contingent interest on Indebtedness permitted pursuant to this Section 6.02; and 

(s)        Credit Agreement Refinancing Indebtedness, in each case of a Loan Party.

 SECTION 6.03            Liens.  Create, incur, assume or
permit to exist any Lien on any assets (including stock or other securities of any person, including any Restricted Subsidiary) at the time owned by it or on any income or revenues or rights in respect of any thereof, except: 

(a)        any Lien created under the Loan Documents or permitted in respect of any
Collateral by the terms of the applicable Security Documents; 
 (b)        Liens
securing Indebtedness in an aggregate principal amount outstanding not to exceed, at the time of the incurrence of such Indebtedness or if later, at the time of the incurrence of the Lien, $100 million; 

(c)        Liens securing the Indebtedness of Massey and its subsidiaries and any
Permitted Refinancing Indebtedness thereof to the extent such Liens existed on the Third Amendment Effective Date; 

(d)        Liens existing on the Third Amendment Effective Date and to the extent, for
any individual Lien securing obligations in excess of $10 million, listed on Schedule 6.03(d) to the Third Amended and Restated Credit Agreement and any renewals or extensions thereof; provided that such Liens shall secure only those
obligations that they secure on such date (and extensions, renewals and refinancings of such obligations permitted by Section 6.02(e)) and shall not subsequently apply to any other assets of the Borrower or any Restricted Subsidiary; 

(e)        Liens securing Permitted Notes or any Permitted Refinancing Indebtedness
thereof so long as such Liens are subject to either the First Lien Intercreditor Agreement or a Second Lien Intercreditor Agreement or both, as applicable; 

(f)         Liens (including the interests of vendors and lessors under
conditional sale and title retention agreements) securing Indebtedness incurred under Section 6.02(h); provided that such Liens do not apply to any other assets of the Borrower or any Restricted Subsidiary not financed or refinanced by
such Indebtedness (other than to accessions to such assets or improvements); provided, further, that individual financings of equipment provided by a single lender may be cross-collateralized to other financings of assets provided
solely by such lender; 
 (g)        Liens securing Capital Lease Obligations
incurred by the Borrower or any Restricted Subsidiary in respect of any Sale and Lease-Back Transaction; 

  
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 (h)        Liens securing Indebtedness
incurred under Section 6.02(j); provided that such Liens do not apply to any assets of the Borrower or its Restricted Subsidiaries other than (x) assets securing such Indebtedness at the date of the acquisition of such assets,
(y) assets whose acquisition is financed or refinanced by such Indebtedness or (z) after-acquired assets subjected to such Liens; 

(i)         Liens on assets of Foreign Subsidiaries securing Indebtedness of
Foreign Subsidiaries; 
 (j)         Liens securing Guarantees incurred under
Section 6.02(k) to the extent the Indebtedness subject to such Guarantee is secured; 

(k)        Liens in respect of Permitted Receivables Financings; 

(l)         Liens securing Indebtedness incurred under Section 6.02(n),
Section 6.02(o) and Section 6.02(q); 
 (m)       Liens on the Equity Interests
of any Unrestricted Subsidiary to secure Indebtedness or other obligations of such Unrestricted Subsidiary; 

(n)        Liens securing obligations other than Indebtedness; 

(o)        Liens on Excluded Assets and on leased real property as set forth in clause
(1)(B) of the last paragraph of Section 5.10; 
 (p)        Permitted Real
Estate Encumbrances; 
 (q)        Liens on the Collateral securing
(i) Permitted First Priority Refinancing Debt and subject to the First Lien Intercreditor Agreement or (ii) Permitted Second Priority Refinancing Debt and subject to the Second Lien Intercreditor Agreement; and 

(r)         Liens on the Massey Principal Property securing the Massey 2.25%
Convertible Notes and the Massey 3.25% Convertible Notes on an equal and ratable basis with the Obligations. 
 SECTION
6.04            Restrictions on Fundamental Changes.  Merge into or consolidate with any other person, or permit any other person to merge into or consolidate with it, or
sell, transfer, lease or otherwise dispose of (in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) except that this Section shall not prohibit: 

(a)        if at the time thereof and immediately after giving effect thereto no Event
of Default shall have occurred and be continuing, (i) the merger of any Restricted Subsidiary into the Borrower in a transaction in which the Borrower is the surviving corporation, (ii) the merger or consolidation of any Restricted
Subsidiary into or with any Loan Party in a transaction in which the surviving or resulting entity is a Loan Party, (iii) the merger or consolidation of any Restricted Subsidiary that is not a Loan Party into or with any other Restricted
Subsidiary that is not a Loan Party or (iv) the liquidation or 

  
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dissolution of any Restricted Subsidiary, if the Borrower determines in good faith that such liquidation or dissolution is in the best interests of the Borrower and is not materially
disadvantageous to the Lenders, or change in form of entity of the Borrower or any Restricted Subsidiary; provided that, in the case of any such change in form of entity of the Borrower or a Loan Party, the Borrower shall give 15 days’
subsequent written notice to the Administrative Agent and the Collateral Agent of such change; 

(b)        sales, transfers, leases or other dispositions of all or substantially all
its assets (upon voluntary liquidation or otherwise) to the Borrower or a Restricted Subsidiary or entities that become Restricted Subsidiaries as a result of such sales, transfers, leases or other dispositions; provided that any such sales,
transfers, leases or other dispositions by a Loan Party to a Restricted Subsidiary that is not a Loan Party shall be made in compliance with Section 6.07; and 

(c)        Investments permitted by Section 6.01, Asset Dispositions or
Intracompany Disposals permitted by Section 6.05 and leases and other dispositions of assets not prohibited by Section 6.05. 

SECTION 6.05            Asset Dispositions and Intracompany
Disposals.  To engage in any Asset Disposition, except that this Section shall not prohibit: 

(a)        a Sale and Lease-Back Transaction so long as at the time the lease in
connection therewith is entered into, and after giving effect to the entering into of such Lease (i) no Event of Default is continuing or would result therefrom and (ii) any such Sale and Lease-Back Transaction shall be consummated for
fair market value as determined at the time of consummation in good faith by a Responsible Officer of the Borrower; 

(b)        the sale or other transfer (including by capital contribution) of
Receivables Assets pursuant to Permitted Receivables Financings; 
 (c)        the
sale of defaulted receivables in the ordinary course of business and not as part of an accounts receivables financing transaction; 

(d)        dispositions of Rebuild Equipment by either of the Rebuild Companies; 

(e)        licensing, sublicensing and cross-licensing arrangements involving any
technology or other intellectual property of the Borrower or any Restricted Subsidiary in the ordinary course of business; 

(f)         transactions pursuant to any Permitted Gas Properties Transactions;

 (g)        Permitted Asset Swaps; 

(h)        the sale, transfer or other dispositions of any Freeport Assets; 

(i)         Asset Dispositions not otherwise permitted by this Section 6.05,
subject to the provisions of Section 2.11(c); and 

  
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 (j)         Investments permitted by
Section 6.01, Liens permitted by Section 6.03, transactions permitted by Section 6.04 and Restricted Payments permitted by Section 6.06. 

Subject to the provisions of Section 2.11(d), the Borrower and its Restricted Subsidiaries may engage in any Intracompany Disposal. 

SECTION 6.06            Restricted Payments. 

(a)        Directly or indirectly: 

 (i)        declare or pay any dividend or make any other distribution (by
reduction of capital or otherwise), whether in cash, property, securities or a combination thereof, with respect to any of its Equity Interests (other than dividends and distributions on Equity Interests payable solely by the issuance of additional
shares of Equity Interests of the person paying such dividends or distributions) or directly or indirectly redeem, purchase, retire or otherwise acquire for value (or permit any Restricted Subsidiary to purchase or acquire) any shares of any class
of its Equity Interests or set aside any amount for any such purpose: 

(ii)        make any principal payment on or with respect to, or purchase, redeem,
defease or otherwise acquire or retire for value, any Subordinated Indebtedness of the Borrower or any Subsidiary Guarantor (excluding the purchase, repurchase or other acquisition of Subordinated Indebtedness purchased in anticipation of satisfying
a sinking fund obligation, principal installment or final maturity, in each case due within one year of the date of purchase, repurchase or acquisition), except a payment of interest or principal at the Stated Maturity thereof; or 

(iii)       make any Investment not permitted by Section 6.01; 

(all such payments and other actions set forth in these clauses (i) through (iii) above being collectively referred to as “Restricted
Payments”), unless, at the time of and after giving effect to such Restricted Payment: 

(A)       no Event of Default has occurred and is continuing or would occur as a
consequence of such Restricted Payment; 
 (B)       after giving effect to such
Restricted Payment on a Pro Forma Basis as if such Restricted Payment had occurred on the first day of the most recent period of four consecutive fiscal quarters for which financial statements have been delivered pursuant to Section 5.04(a) or
(b), the Borrower shall be in compliance with Sections 6.11 and 6.15, if and to the extent applicable on the date of such Restricted Payment pursuant to the terms of this Agreement as in effect on the Fourth Amendment Effective Date (and the
Interest Coverage Ratio shall not be less than 2.00:1.00); and 
 (C)       such
Restricted Payment, together with the aggregate amount of all other Restricted Payments made by the Borrower and its Restricted Subsidiaries since the Third 

  
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Amendment Effective Date pursuant to clauses (i), (ii) and (iii) of the next succeeding paragraph is less than the sum, without duplication, of: 

(1)        50% of the Consolidated Net Income of the Borrower for the period (taken
as one accounting period) from July 1, 2011 to the end of the Borrower’s most recently ended fiscal quarter for which financial statements have been delivered pursuant to Section 5.04(a) or (b) (or, if such Consolidated Net
Income for such period is a deficit, less 100% of such deficit); plus 

(2)        Equity Issuance Proceeds, to the extent such Equity Issuance Proceeds are
not utilized to make Investments pursuant to Section 6.01(e); plus 

(3)        to the extent that any Restricted Investment that was made after the Third
Amendment Effective Date is sold for cash or otherwise liquidated or repaid for cash, 100% of the aggregate amount received (in each case, capped at the size of the initial Restricted Investment) in cash and the Fair Market Value of assets other
than cash received; plus 
 (4)        to the extent that any Unrestricted
Subsidiary of the Borrower designated as such after the Third Amendment Effective Date is redesignated as a Restricted Subsidiary after the Third Amendment Effective Date or has been merged into, consolidated or amalgamated with or into, or
transfers or conveys its assets to, the Borrower or a Restricted Subsidiary of the Borrower, 100% of the Fair Market Value of the Borrower’s Investment in such Subsidiary as of the date of such redesignation, combination or transfer (or of the
assets transferred or conveyed, as applicable) after deducting any Indebtedness associated with the Unrestricted Subsidiary so designated or combined or any Indebtedness associated with the assets so transferred or conveyed; plus 

(5)        100% of any dividends or distributions received by the Borrower or a
Restricted Subsidiary of the Borrower after the Third Amendment Effective Date from an Unrestricted Subsidiary of the Borrower, to the extent that such dividends or distributions were not otherwise included in the Consolidated Net Income of the
Borrower for such period. 
 (b)        The preceding provisions will not prohibit:

  (i)        Restricted Payments in an amount not to exceed (i) $75
million in any calendar year or (ii) if the Senior Secured Leverage Ratio exceeds 2.00 to 1.00, $37.5 million (with unused amounts in any calendar year being permitted to be carried over for the two succeeding calendar years); 

(ii)        other Restricted Payments in an aggregate amount not to exceed
(i) $100 million or (ii) if the Senior Secured Leverage Ratio exceeds 2.00 to 1.00, $50 million, in each case since the Third Amendment Effective Date; 

(iii)       the payment of any dividend or distribution or the consummation of any
redemption within sixty (60) days after the date of declaration of the dividend or 

  
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distribution or giving of the redemption notice, as the case may be, if, at the date of declaration or notice, the dividend, distribution or redemption payment would have complied with the
provisions of this Agreement; 
   (iv)        the making of any
Restricted Payment in exchange for, or out of the net cash proceeds of the substantially concurrent sale (other than to a Subsidiary of the Borrower) of, Equity Interests of the Borrower or from the substantially concurrent contribution of common
equity capital to the Borrower; provided that the amount of any such net cash proceeds that are utilized for any such Restricted Payment will be excluded from Section 6.06(a)(C)(2); 

   (v)        the repurchase, redemption or other acquisition or
retirement for value of any Equity Interests of the Borrower or any Restricted Subsidiary of the Borrower held by any current or former officer, director, consultant or employee of the Borrower or any of its Restricted Subsidiaries or any Plan; 

  (vi)        the repurchase of Equity Interests deemed to occur upon the
exercise of stock options to the extent such Equity Interests represent a portion of the exercise price of those stock options; 

 (vii)        any Restricted Payment made by a Restricted Subsidiary of the
Borrower to the holders of its Equity Interests on a pro rata basis; 

(viii)        Restricted Payments arising as a result of Permitted Receivables
Financings; 
   (ix)        the repurchase, redemption, defeasance or
other acquisition or retirement for value of Subordinated Indebtedness of the Borrower or any Restricted Subsidiary with the net cash proceeds from a substantially concurrent incurrence of Permitted Refinancing Indebtedness; and 

   (x)         any payments made or to be made in connection with
the consummation of the Transactions. 
    The amount of all Restricted Payments (other than cash) will be the Fair Market
Value on the date of the Restricted Payment of the asset(s) or securities proposed to be transferred or issued by the Borrower or such Restricted Subsidiary, as the case may be, pursuant to the Restricted Payment. 

   SECTION 6.07            Transactions with Affiliates.

    (a)        Sell or transfer any assets to, or purchase or acquire any assets
from, or otherwise engage in any other transaction with, any of its Affiliates or any known direct or indirect holder of 10% or more of any class of capital stock of the Borrower, in each case involving aggregate consideration in excess of $20
million, unless such transaction is (i) otherwise permitted (or required) under this Agreement (including in connection with any Permitted Receivables Financing) or (ii) upon terms no less favorable to the Borrower or such

  
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Restricted Subsidiary, as applicable, than would be obtained in a comparable arm’s-length transaction with a person that is not an Affiliate. 

   (b)      The foregoing paragraph (a) shall not prohibit, to the extent otherwise
permitted under this Agreement, 
     (i)      transactions between the
Borrower and any Restricted Subsidiary or between Restricted Subsidiaries or any entity that becomes a Restricted Subsidiary as a result of such transaction (in each case, other than Intracompany Disposals), 

   (ii)      any issuance of securities, or other payments, awards or grants in
cash, securities or otherwise pursuant to, or the funding of, employment arrangements, equity incentive awards and equity incentive plans approved by or pursuant to authority delegated by a majority of the disinterested members, if any, of the Board
of Directors of the Borrower or its Restricted Subsidiaries, 
   (iii)      loans
or advances to employees of the Borrower or any of the Restricted Subsidiaries in accordance with Section 6.01(n), 

  (iv)      any employment agreement or employee benefit plan entered into by the
Borrower or any of the Restricted Subsidiaries in the ordinary course of business or consistent with past practice, 

   (v)      the payment of fees and indemnities to directors, officers,
consultants and employees of the Borrower and the Restricted Subsidiaries in the ordinary course of business or otherwise as approved by or pursuant to authority delegated by a majority of the disinterested members, if any, of the Board of Directors
of the Borrower or its Restricted Subsidiaries, 
   (vi)      transactions pursuant
to any Permitted Receivables Financing, 
  (vii)      transactions pursuant to any
Permitted Gas Properties Transactions, 
 (viii)      transactions otherwise permitted under
Sections 6.01, 6.02, 6.04, 6.05 and 6.06, 
   (ix)      transactions with an entity
(other than an Unrestricted Subsidiary) that is an Affiliate of the Borrower solely because the Borrower owns, directly or through a Restricted Subsidiary, an Equity Interest in, or controls, such entity, and 

   (x)      any transaction in respect of which the Borrower delivers to the
Administrative Agent either (x) a resolution to the Board of Directors of the Borrower to the effect that such transaction is reasonable and in the best interests of the Borrower or (y) a letter addressed to the Board of Directors of the
Borrower from an accounting, appraisal or investment banking firm, in each case of nationally recognized standing, that is (A) in the good faith determination of the Borrower qualified to render such letter and (B) reasonably satisfactory
to the Administrative Agent, which letter states that such transaction is on terms that are no less favorable to the Borrower or such Restricted 

  
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Subsidiary, as applicable, than would be obtained in a comparable arm’s-length transaction with a person that is not an Affiliate. 

SECTION 6.08            Business of the Borrower and the Subsidiaries.

 (a)        Notwithstanding any other provisions hereof, engage at any time in any material
business or business activity other than a Permitted Business, except where the failure to comply with this Section 6.08(a) would not reasonably be expected to have a Material Adverse Effect. 

(b)        Notwithstanding any other provision of this Agreement, no Subsidiary that is a Special
Purpose Receivables Subsidiary shall engage in any business or business activity other than a Permitted Receivables Financing and any business or business activities incidental or related thereto. 

SECTION 6.09            Limitation on Modifications of Organizational
Documents, Indebtedness and Certain Other Agreements, etc. 
 (a)        Amend or modify in any
manner materially adverse to the Lenders, or grant any waiver or release under or terminate in any manner (if such granting or termination shall be materially adverse to the Lenders), the articles or certificate of incorporation or by-laws or
partnership agreement or limited liability company operating agreement of the Borrower or any of the Restricted Subsidiaries. 

(b)        Permit any Restricted Subsidiary to enter into any agreement or instrument that by its
terms restricts (i) the payment of dividends or distributions or the making of cash advances by such Restricted Subsidiary to the Borrower or any Restricted Subsidiary that is a direct or indirect parent of such Restricted Subsidiary or
(ii) the granting of Liens by such Restricted Subsidiary pursuant to the Security Documents, in each case other than those arising under any Loan Document, except, in each case, restrictions existing by reason of: 

(A)       applicable law, rule, regulation, order, approval, license, permit or similar
restriction, 
 (B)       restrictions contained in any Permitted Receivables Document
with respect to any Special Purpose Receivables Subsidiary, 
 (C)       contractual
encumbrances or restrictions in effect under any Indebtedness outstanding on the Third Amendment Effective Date and under any Indebtedness otherwise permitted pursuant to this Agreement, 

(D)       any restrictions imposed by any agreement relating to secured Indebtedness
permitted by this Agreement to the extent that such restrictions apply only to the assets securing such Indebtedness, 

(E)       any agreement in effect at the time such Restricted Subsidiary becomes a
Restricted Subsidiary, so long as such agreement was not entered into in contemplation of such person becoming a Restricted Subsidiary, 

  
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 (F)       encumbrances on property that exist
at the time the property was acquired by the Borrower or a Restricted Subsidiary, 

(G)       customary restrictions contained in any agreement relating to the sale of any
asset permitted under Section 6.05 pending the consummation of such sale, 

(H)       customary provisions in joint venture agreements and other similar agreements
applicable to joint ventures entered into in the ordinary course of business, 

(I)        customary provisions contained in leases or licenses and other similar
agreements entered into in the ordinary course of business; 
 (J)        customary
restrictions in connection with deposits in the ordinary course of business, 

(K)       customary provisions restricting assignment of any agreement entered into in the
ordinary course of business, and 
 (L)         (x) restrictions described
in clause (i) above, but only to the extent that such restrictions do not materially adversely affect the consolidated cash position of the Borrower and its Restricted Subsidiaries, or (y) restrictions described in clause (ii) above
but only to the extent that such restrictions do not materially adversely affect the value of the Collateral granted to secure the Obligations. 

SECTION 6.10            [Reserved]. 

SECTION 6.11            Senior Secured Leverage Ratio.  Permit
the Senior Secured Leverage Ratio as of the last day of any fiscal quarter of the Borrower to be greater than 2.50:1.00. 
 SECTION
6.12            Swap Agreements.  Enter into any Swap Agreement, other than (a) Swap Agreements required by any Permitted Receivables Financing, (b) Swap
Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Restricted Subsidiary is exposed in the conduct of its business or the management of its liabilities, (c) Swap Agreements entered
into in order to effectively cap, collar or exchange interest rates (from fixed to floating rates, from one floating rate to another floating rate or otherwise) with respect to any interest-bearing liability or investment of the Borrower or any
Restricted Subsidiary and (d) Swap Agreements not for speculative purposes. 
 SECTION
6.13            Embargoed Person.  Cause or permit (a) any of the funds or properties of the Loan Parties that are used to repay the Loans to constitute property of,
or be beneficially owned directly or indirectly by, any person subject to sanctions or trade restrictions under United States law (“Embargoed Person” or “Embargoed Persons”) that is identified on (1) the
“List of Specially Designated Nationals and Blocked Persons” maintained by OFAC and/or on any other similar list maintained by OFAC pursuant to any authorizing statute including, but not limited to, the International Emergency Economic
Powers Act, 50 U.S.C. §§ 1701 et seq., The Trading with the Enemy Act, 50 U.S.C. App. 1 et seq., and any Executive Order or regulation promulgated thereunder, with the result that the Loans made by
the Lenders 

  
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would be in violation of law, or (2) the Executive Order, any related enabling legislation or any other similar Executive Orders, or (b) any Embargoed Person to have any direct or
indirect interest, of any nature whatsoever in the Loan Parties, with the result that the Loans are in violation of law. 
 SECTION
6.14            Anti-Terrorism Law; Anti-Money Laundering.  Directly or indirectly, (i) knowingly conduct any business or engage in making or receiving any
contribution of funds, goods or services to or for the benefit of any person described in Section 3.21, (ii) knowingly deal in, or otherwise engage in any transaction relating to, any property or interests in property blocked pursuant to
the Executive Order or any other Anti-Terrorism Law or (iii) knowingly engage in or conspire to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding, or attempts to violate, any of the prohibitions set
forth in any Anti-Terrorism Law, in each case in any manner that would result in a violation of law by any Person (including, without limitation, any Loan Party or any Lender). 

SECTION 6.15            Minimum Liquidity.   Permit the
Consolidated Liquidity as of the end of any fiscal quarter of the Borrower beginning with the fiscal quarter ending June 30, 2012 through and including the fiscal quarter ending September 30, 2017, to be less than $300 million. 

ARTICLE VII 
 EVENTS OF DEFAULT

 SECTION 7.01            Events of Default.  In case of the
happening of any of the following events (“Events of Default”): 

(a)        any representation or warranty made or deemed made by the Borrower or any
other Loan Party on or after the Third Amendment Effective Date in any Loan Document, or any representation, warranty, statement or information contained in any report, certificate, financial statement or other instrument furnished on or after the
Third Amendment Effective Date in connection with or pursuant to any Loan Document, shall prove to have been false or misleading in any material respect when so made, deemed made or furnished by the Borrower or any other Loan Party; 

(b)        default shall be made in the payment of any principal of any Loan or the
reimbursement with respect to any L/C Disbursement when and as the same shall become due and payable, whether at the due date thereof or at a date fixed for prepayment thereof or by acceleration thereof or otherwise; 

(c)         default shall be made in the payment of any interest on any Loan or
on any L/C Disbursement or in the payment of any Fee or any other amount (other than an amount referred to in (b) above) due under any Loan Document, when and as the same shall become due and payable, and such default shall continue unremedied
for a period of five (5) Business Days; 

  
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 (d)        default shall be made in the
due observance or performance by the Borrower or any of the Restricted Subsidiaries of any covenant, condition or agreement contained in Section 5.01(a) (with respect to the Borrower), 5.08 or in Article VI; provided that a Default
by the Borrower under Section 6.11 or 6.15 (a “Financial Covenant Event of Default”) shall not constitute an Event of Default with respect to the Term B Loan Facility unless and until the Majority Lenders under the Revolving
Facility shall have terminated their Revolving Facility Commitments and declared all amounts outstanding under the Revolving Facility to be due and payable; 

(e)        default shall be made in the due observance or performance by the Borrower
or any of the Restricted Subsidiaries of any covenant, condition or agreement contained in any Loan Document (other than those specified in paragraphs (b), (c) and (d) above) and such default shall continue unremedied for a period of
thirty (30) days after notice thereof from the Administrative Agent or any Lender to the Borrower; 

(f)        (i) any event or condition occurs that (A) results in any
Material Indebtedness becoming due prior to its scheduled maturity or (B) enables or permits (with all applicable grace periods having expired) the holder or holders of any Material Indebtedness or any trustee or agent on its or their behalf to
cause any Material Indebtedness to become due, or require the prepayment, repurchase, redemption or defeasance thereof, prior to its scheduled maturity or (ii) the Borrower or any of the Restricted Subsidiaries shall fail to pay the principal
of any Material Indebtedness at the stated final maturity thereof; provided that this clause (f) shall not apply to secured Indebtedness that becomes due as a result of the voluntary sale or transfer of the assets securing such
Indebtedness if such sale or transfer is permitted hereunder and under the documents providing for such Indebtedness; 

(g)        there shall have occurred a Change in Control; 

(h)        an involuntary proceeding shall be commenced or an involuntary petition
shall be filed in a court of competent jurisdiction seeking (i) relief in respect of the Borrower or any of the Restricted Subsidiaries, or of a substantial part of the assets of the Borrower or any Restricted Subsidiary, under Title 11 of
the United States Code, as now constituted or hereafter amended, or any other federal, state or foreign bankruptcy, insolvency, receivership or similar law, (ii) the appointment of a receiver, trustee, custodian, sequestrator, conservator or
similar official for the Borrower or any of the Restricted Subsidiaries or for a substantial part of the assets of the Borrower or any other Restricted Subsidiaries or (iii) the winding-up or liquidation of the Borrower or any Restricted
Subsidiary (except, in the case of any Restricted Subsidiary, in a transaction permitted by Section 6.04); and such proceeding or petition shall continue undismissed for 60 days or an order or decree approving or ordering any of the
foregoing shall be entered; 
 (i)        the Borrower or any Restricted Subsidiary
shall (i) voluntarily commence any proceeding or file any petition seeking relief under Title 11 of the United States Code, as now constituted or hereafter amended, or any other federal, state or foreign bankruptcy, insolvency,
receivership or similar law, (ii) consent to the institution of, or 

  
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fail to contest in a timely and appropriate manner, any proceeding or the filing of any petition described in paragraph (h) above, (iii) apply for or consent to the appointment of a
receiver, trustee, custodian, sequestrator, conservator or similar official for the Borrower or the Restricted Subsidiaries or for a substantial part of the assets of the Borrower or any Restricted Subsidiary, (iv) file an answer admitting the
material allegations of a petition filed against it in any such proceeding, (v) make a general assignment for the benefit of creditors or (vi) become unable, admit in writing its inability or fail generally to pay its debts as they become
due; 
 (j)        the failure by the Borrower or any Restricted Subsidiary to pay
one or more final judgments aggregating in excess of $25 million, which judgments are not discharged or effectively waived or stayed for a period of 30 consecutive days, or any action shall be legally taken by a judgment creditor to levy upon
assets of the Borrower or any Subsidiary to enforce any such judgment; 

(k)        one or more ERISA Events shall have occurred that, when taken together with
all other ERISA Events that have occurred, would reasonably be expected to result in a Material Adverse Effect; or 

(l)         (i) any Loan Document shall for any reason be asserted in
writing by the Borrower or any Restricted Subsidiary not to be a legal, valid and binding obligation of any party thereto, (ii) any security interest purported to be created by any Security Document and to extend to assets that are material to
the Borrower and the Restricted Subsidiaries on a consolidated basis shall cease to be, or shall be asserted in writing by the Borrower or any other Loan Party not to be, a valid and perfected security interest (having the priority required by this
Agreement or the relevant Security Document) in the Collateral covered thereby, except to the extent that any such loss of perfection or priority results from the failure of the Collateral Agent to maintain possession of certificates actually
delivered to it representing securities pledged under the security agreements or to file UCC continuation statements and except to the extent that such loss is covered by a lender’s title insurance policy and the Administrative Agent shall be
reasonably satisfied with the credit of such insurer, or (iii) the Guarantees pursuant to the Security Documents by the Borrower or the Restricted Subsidiary Loan Parties of any of the Obligations shall cease to be in full force and effect
(other than in accordance with the terms thereof), or shall be asserted in writing by any Loan Party not to be in effect or not to be legal, valid and binding obligations; 

then, and in every such event (other than an event with respect to the Borrower described in paragraph (h) or (i) above), and at any time thereafter
during the continuance of such event, the Administrative Agent, at the request of the Required Lenders except in the case of an event described in the proviso in paragraph (d) above, or in the case of an event described in the proviso in
paragraph (d) above, at the request of the Majority Lenders under the Revolving Facility, with respect to actions specified in clauses (i), (ii) and (iii) below pertaining to the Revolving Facility, and if the Majority Lenders under
the Revolving Facility have taken such action, at the request of the Majority Lenders under the Term Loan B Facility with respect to the actions specified in clause (ii) under the Term Loan B Facility, shall, by notice to the Borrower, take any
or all of the following actions, at the same or different times: (i) terminate forthwith the 

  
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Commitments, (ii) declare the Loans then outstanding to be forthwith due and payable in whole or in part, whereupon the principal of the Loans so declared to be due and payable, together
with accrued interest thereon and any unpaid accrued Fees and all other liabilities of the Borrower accrued hereunder and under any other Loan Document, shall become forthwith due and payable, without presentment, demand, protest or any other notice
of any kind, all of which are hereby expressly waived by the Borrower, anything contained herein or in any other Loan Document to the contrary notwithstanding and (iii) demand cash collateral pursuant to Section 2.05(j); and in any event
with respect to the Borrower described in paragraph (h) or (i) above, the Commitments shall automatically terminate, the principal of the Loans then outstanding, together with accrued interest thereon and any unpaid accrued Fees and all
other liabilities of the Borrower accrued hereunder and under any other Loan Document, shall automatically become due and payable and the Administrative Agent shall be deemed to have made a demand for cash collateral to the full extent permitted
under Section 2.05(j), without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived by the Borrower, anything contained herein or in any other Loan Document to the contrary notwithstanding. 

SECTION 7.02             Exclusion of Immaterial
Subsidiaries.  Solely for the purposes of determining whether an Event of Default has occurred under clause (h) or (i) of Section 7.01, any reference in any such clause to any subsidiary shall be deemed not to include
any subsidiary affected by any event or circumstance referred to in any such clause that did not, as of the last day of the fiscal quarter of the Borrower most recently ended, have assets with a value in excess of 5.0% of the Consolidated Total
Assets or 5.0% of total revenues of the Borrower and the Restricted Subsidiaries as of such date; provided that if it is necessary to exclude more than one Restricted Subsidiary from clause (h) or (i) of Section 7.01 pursuant
to this Section 7.02 in order to avoid an Event of Default thereunder, all excluded Restricted Subsidiaries shall be considered to be a single consolidated Restricted Subsidiary for purposes of determining whether the condition specified above
is satisfied. 
 ARTICLE VIII 

THE AGENTS 
 SECTION
8.01            Appointment. 

(a)        In order to expedite the transactions contemplated by this Agreement, Citicorp North
America, Inc. is hereby appointed to act as Administrative Agent and Collateral Agent. Each of the Lenders and each assignee of any such Lender hereby irrevocably authorizes the Administrative Agent to take such actions on behalf of such Lender or
assignee and to exercise such powers as are specifically delegated to the Administrative Agent by the terms and provisions hereof and of the other Loan Documents, together with such actions and powers as are reasonably incidental thereto. The
Administrative Agent is hereby expressly authorized by the Lenders and each Issuing Bank, without hereby limiting any implied authority, (a) to receive on behalf of the Lenders and such Issuing Bank all payments of principal of and interest on
the Loans, all payments in respect of L/C Disbursements and all other amounts due to the Lenders and such Issuing Bank hereunder, and promptly to distribute to each Lender or such Issuing Bank its proper share of each payment so received;
(b) to give notice on behalf of each of the Lenders of any Event of Default specified in this Agreement of which the Administrative Agent 

  
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has actual knowledge acquired in connection with the performance of its duties as Administrative Agent hereunder; and (c) to distribute to each Lender copies of all notices, financial
statements and other materials delivered by the Borrower or any of its Restricted Subsidiaries pursuant to this Agreement as received by the Administrative Agent. Without limiting the generality of the foregoing, the Collateral Agent is hereby
expressly authorized to execute any and all documents (including releases) with respect to the Collateral and the rights of the Secured Parties with respect thereto, as contemplated by and in accordance with the provisions of this Agreement and the
Security Documents, and all such rights and remedies in respect of such Collateral shall be implemented by the Collateral Agent. 

(b)        Neither the Agents nor any of their respective directors, officers, employees or agents
shall be liable as such for any action taken or omitted by any of them except for its or his own gross negligence or willful misconduct, or be responsible for any statement, warranty or representation herein or the contents of any document delivered
in connection herewith, or be required to ascertain or to make any inquiry concerning the performance or observance by the Borrower or any other Loan Party of any of the terms, conditions, covenants or agreements contained in any Loan Document. The
Agents shall not be responsible to the Lenders for the due execution, genuineness, validity, enforceability or effectiveness of this Agreement or any other Loan Documents or other instruments or agreements. The Agents shall in all cases be fully
protected in acting, or refraining from acting, in accordance with written instructions signed by the Required Lenders and, except as otherwise specifically provided herein, such instructions and any action or inaction pursuant thereto shall be
binding on all the Lenders. Each Agent shall, in the absence of knowledge to the contrary, be entitled to rely on any instrument or document believed by it in good faith to be genuine and correct and to have been signed or sent by the proper person
or persons. Neither the Agents nor any of their respective directors, officers, employees or agents shall have any responsibility to the Borrower or any other Loan Party or any other party hereto or to any Loan Document on account of the failure,
delay in performance or breach by, or as a result of information provided by, any Lender or Issuing Bank of any of its obligations hereunder or to any Lender or Issuing Bank on account of the failure of or delay in performance or breach by any other
Lender or Issuing Bank or the Borrower or any other Loan Party of any of their respective obligations hereunder or under any other Loan Document or in connection herewith or therewith. Each Agent may execute any and all duties hereunder by or
through agents, employees or any sub-agent appointed by it and shall be entitled to rely upon the advice of legal counsel selected by it with respect to all matters arising hereunder and shall not be liable for any action taken or suffered in good
faith by it in accordance with the advice of such counsel. 
 SECTION
8.02            Nature of Duties.  The Lenders hereby acknowledge that no Agent shall be under any duty to take any discretionary action permitted to be taken by it
pursuant to the provisions of this Agreement unless it shall be requested in writing to do so by the Required Lenders. The Lenders further acknowledge and agree that so long as an Agent shall make any determination to be made by it hereunder or
under any other Loan Document in good faith, such Agent shall have no liability in respect of such determination to any person. Notwithstanding any provision to the contrary elsewhere in this Agreement, the Administrative Agent shall not have any
duties or responsibilities, except those expressly set forth herein, or any fiduciary relationship with any Lender, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into the Loan Documents or
otherwise exist against 

  
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the Administrative Agent. Each Lender recognizes and agrees the Lead Arranger shall have no duties or responsibilities under this Agreement or any other Loan Document, or any fiduciary
relationship with any Lender, and shall have no functions, responsibilities, duties, obligations or liabilities for acting as such hereunder. 

SECTION 8.03            Resignation by the Agents.  Subject to
the appointment and acceptance of a successor Agent as provided below, any Agent may resign at any time by notifying the Lenders and the Borrower. Upon any such resignation, the Required Lenders shall have the right to appoint a successor with the
consent of the Borrower (not to be unreasonably withheld or delayed). If no successor shall have been so appointed by the Required Lenders and approved by the Borrower and shall have accepted such appointment within 45 days after the retiring
Agent gives notice of its resignation, then the retiring Agent may, on behalf of the Lenders with the consent of the Borrower (not to be unreasonably withheld or delayed), appoint a successor Agent which shall be a bank with an office in
New York, New York and an office in London, England (or a bank having an Affiliate with such an office) having a combined capital and surplus that is not less than $500 million or an Affiliate of any such bank. Upon the acceptance of any
appointment as Agent hereunder by a successor bank, such successor shall succeed to and become vested with all the rights, powers, privileges and duties of the retiring Agent and the retiring Agent shall be discharged from its duties and obligations
hereunder. After the Agent’s resignation hereunder, the provisions of this Article and Section 9.05 shall continue in effect for its benefit in respect of any actions taken or omitted to be taken by it while it was acting as Agent. 

SECTION 8.04            Each Agent in Its Individual
Capacity.  With respect to the Loans made by it hereunder, each Agent in its individual capacity and not as Agent shall have the same rights and powers as any other Lender and may exercise the same as though it were not an Agent, and
the Agents and their Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower or any of the Restricted Subsidiaries or other Affiliates thereof as if it were not an Agent. 

SECTION 8.05            Indemnification.  Each Lender agrees
(a) to reimburse the Agents, on demand, in the amount of its pro rata share (based on its Commitments hereunder, or if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of its applicable
outstanding Loans or participations in L/C Disbursements, as applicable) of any reasonable expenses incurred for the benefit of the Lenders by the Agents, including reasonable counsel fees and compensation of agents and employees paid for services
rendered on behalf of the Lenders, which shall not have been reimbursed by the Borrower and (b) to indemnify and hold harmless each Agent and any of its directors, officers, employees or agents, on demand, in the amount of such pro rata share,
from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever which may be imposed on, incurred by or asserted against it in its
capacity as Agent or any of them in any way relating to or arising out of this Agreement or any other Loan Document or any action taken or omitted by it or any of them under this Agreement or any other Loan Document, to the extent the same shall not
have been reimbursed by the Borrower; provided that no Lender shall be liable to an Agent for any portion of such liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements resulting from
the gross negligence or willful misconduct of such 

  
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Agent or any of its directors, officers, employees or agents. The agreements in this Section 8.05 shall survive the resignation and/or replacement of the Administrative Agent, any assignment
of rights by, or the replacement of, a Lender, and the repayment, satisfaction or discharge of any Loans and all other amounts payable hereunder. The term “Lender” shall, to the extent such indemnification obligation arose prior to such
party’s resignation, replacement or assignment, for purposes of this Section 8.05, include any Swingline Lender and Issuing Bank. 

SECTION 8.06            Lack of Reliance on Agents.  Each Lender
acknowledges that it has, independently and without reliance upon the Agents and any Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender
also acknowledges that it will, independently and without reliance upon the Agents, any other Lender and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not
taking action under or based upon this Agreement or any other Loan Document, any related agreement or any document furnished hereunder or thereunder. 

SECTION 8.07            Withholding Taxes.  To the extent
required by any applicable laws, the Administrative Agent may withhold from any payment to any Lender an amount equivalent to any applicable withholding Tax. Without limiting or expanding the provisions of Section 2.17, each Lender shall
indemnify and hold harmless the Administrative Agent against, and shall make payable in respect thereof within 10 days after demand therefor, any and all Taxes and any and all related losses, claims, liabilities and expenses (including fees, charges
and disbursements of any counsel for the Administrative Agent) incurred by or asserted against the Administrative Agent by the Internal Revenue Service or any other Governmental Authority as a result of the failure of the Administrative Agent to
properly withhold Tax from amounts paid to or for the account of such Lender for any reason (including, without limitation, because the appropriate form was not delivered or not properly executed, or because such Lender failed to notify the
Administrative Agent of a change in circumstance that rendered the exemption from, or reduction of withholding Tax ineffective). A certificate as to the amount of such payment or liability delivered to any Lender by the Administrative Agent shall be
conclusive absent manifest error. Each Lender hereby authorizes the Administrative Agent to set off and apply any and all amounts at any time owing to such Lender under this Agreement or any other Loan Document against any amount due the
Administrative Agent under this Section 8.07. The agreements in this Section 8.07 shall survive the resignation and/or replacement of the Administrative Agent, any assignment of rights by, or the replacement of, a Lender, and the
repayment, satisfaction or discharge of any Loans and all other amounts payable hereunder. The term “Lender” shall, for purposes of this Section 8.07, include any Swingline Lender and Issuing Bank. 

SECTION 8.08            No Other Duties, etc.  Anything herein
to the contrary notwithstanding, the Lead Arranger shall not have any powers, duties or responsibilities under this Agreement or any of the other Loan Documents, except in its capacity, as applicable, as the Administrative Agent, the Collateral
Agent, a Lender or a Issuing Bank hereunder. 

  
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 ARTICLE IX 

MISCELLANEOUS 
 SECTION
9.01            Notices. 

(a)          Notices and other communications provided for herein shall be in writing and
shall be delivered by hand or overnight courier service, mailed by certified or registered mail or sent by telecopy, as follows: 

(i)          if to any Loan Party, 

Alpha Natural Resources 
 One
Alpha Place 
 Bristol, Virginia 24202 

Attention:  Office of General Counsel 

Telecopy:  (276) 623-4321 

(ii)         if to the Administrative Agent or the Collateral Agent, 

Citicorp North America, Inc. 

Citi Global Loans 
 1615 Brett
Road OPS III 
 New Castle, Delaware 19720 

Attention:  Mark Rosenthal 

Telecopy:  (212) 994-0961 

with a copy to: 
 Cahill
Gordon & Reindel LLP 
 80 Pine Street 

New York, New York 10005 

Attention:  William Miller, Esq. 

Telecopy:  (212) 378-2500 

(iii)        if to an Issuing Bank, to it at the address or telecopy number set forth
separately in writing. 
  (b)        Notices and other communications to the Lenders
hereunder may be delivered or furnished by electronic communications pursuant to procedures approved by the Administrative Agent; provided that the foregoing shall not apply to notices pursuant to Article II unless otherwise agreed by
the Administrative Agent. Each of the Administrative Agent, the Collateral Agent and the Borrower may, in its discretion, agree to accept notices and other communications to it hereunder by electronic communications pursuant to procedures approved
by it; provided, further, that approval of such procedures may be limited to particular notices or communications. 

  
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 (c)        All notices and other communications given to
any party hereto in accordance with the provisions of this Agreement shall be deemed to have been given on the date of receipt if delivered by hand or overnight courier service, sent by telecopy or (to the extent permitted by paragraph (b)
above) electronic means (except that, if not given during normal business hours for the recipient, shall be deemed to have been given at the opening of business on the next business day for the recipient) or on the date five Business Days after
dispatch by certified or registered mail if mailed, in each case delivered, sent or mailed (properly addressed) to such party as provided in this Section 9.01 or in accordance with the latest unrevoked direction from such party given in
accordance with this Section 9.01. 
 (d)        Any party hereto may change its address or
telecopy number for notices and other communications hereunder by notice to the other parties hereto. 
 SECTION
9.02            Survival of Agreement.  All covenants, agreements, representations and warranties made by the Borrower and the Loan Parties herein, in the other Loan
Documents and in the certificates or other instruments prepared or delivered in connection with or pursuant to this Agreement or any other Loan Document shall be considered to have been relied upon by the Lenders and each Issuing Bank and shall
survive the making by the Lenders of the Loans, the execution and delivery of the Loan Documents and the issuance of the Letters of Credit, regardless of any investigation made by such persons or on their behalf, and shall continue in full force and
effect as long as the principal of or any accrued interest on any Loan or L/C Disbursement or any Fee or any other amount payable under this Agreement or any other Loan Document is outstanding and unpaid or any Letter of Credit is outstanding and so
long as the Commitments have not been terminated. Without prejudice to the survival of any other agreements contained herein, indemnification and reimbursement obligations contained herein (including pursuant to Sections 2.15, 2.17 and 9.05)
shall survive the payment in full of the principal and interest hereunder, the expiration of the Letters of Credit and the termination of the Commitments or this Agreement. 

SECTION 9.03            Binding Effect; Effectiveness. 

(a)        This Agreement shall become binding when this Agreement shall have been executed by the
Borrower and the Agents and when the Administrative Agent shall have received copies thereof which, when taken together, bear the signatures of each of the other parties hereto, and thereafter shall be binding upon and inure to the benefit of the
Borrower, each Issuing Bank, the Agents and each Lender and their respective permitted successors and assigns. 

(b)        Until the Fifth Amendment Effective Date, the Fourth Amended and Restated Credit Agreement
shall remain in full force and effect. On the Fifth Amendment Effective Date, provided that the Fifth Amendment Effective Date occurs, the Fourth Amended and Restated Credit Agreement shall be deemed amended by this Agreement and shall be superseded
in all respects by this Agreement. 
 SECTION 9.04            Successors and
Assigns. 
 (a)        The provisions of this Agreement shall be binding upon and inure to the
benefit of the parties hereto and their respective successors and registered assigns permitted 

  
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hereby (including any Affiliate of any Issuing Bank that issues any Letter of Credit), except that (i) other than pursuant to a merger permitted by Section 6.04(a), the Borrower may not
assign or otherwise transfer any of its rights or obligations hereunder without the prior written consent of each Lender (and any attempted assignment or transfer by the Borrower without such consent shall be null and void) and (ii) no Lender
may assign or otherwise transfer its rights or obligations hereunder except in accordance with this Section. Nothing in this Agreement, expressed or implied, shall be construed to confer upon any person (other than the parties hereto, their
respective successors and assigns permitted hereby, including any Affiliate of any Issuing Bank that issues any Letter of Credit, Participants, to the extent provided in paragraph (c) of this Section, and, to the extent expressly contemplated
hereby, the Related Parties of each of the Agents, each Issuing Bank, the Lenders, and to the extent expressly contemplated hereby, the other Indemnitees) any legal or equitable right, remedy or claim under or by reason of this Agreement. 

(b)        (i)  Subject to the conditions set forth in
paragraph (b)(ii) below, any Lender may assign to one or more assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitment and the Loans at the time owing to it) with the prior
written consent (such consent not to be unreasonably withheld or delayed) of: 

(A)       the Borrower; provided that no consent of the Borrower shall be required
for an assignment to a Lender, an Affiliate of a Lender, an Approved Fund or, if an Event of Default has occurred and is continuing, any other assignee (provided that any liability of the Borrower to an assignee that is an Approved Fund or Affiliate
of the assigning Lender under Section 2.15 or 2.17 shall be limited to the amount, if any, that would have been payable hereunder by the Borrower in the absence of such assignment, except to the extent that the claim for any excess amounts
results from a Change in Law after the assignment); provided, further, that the Borrower shall be deemed to have consented to such assignment unless it shall object thereto by written notice to the Administrative Agent within ten
(10) Business Days after having received notice thereof; and 
 (B)       the
Administrative Agent and, in the case of Revolving Facility Commitment, the Swingline Lenders and the Issuing Banks; provided that no consent of the Administrative Agent, the Swingline Lenders or the Issuing Banks, as applicable, shall be
required for an assignment of (i) a Revolving Facility Commitment to an assignee that is a Revolving Facility Lender immediately prior to giving effect to such assignment or (ii) a Term B Loan to a Lender, an Affiliate of a Lender or
Approved Fund immediately prior to giving effect to such assignment. 

(ii)       Assignments shall be subject to the following additional conditions: 

(A)       except in the case of an assignment to a Lender, an Affiliate of a Lender or an
Approved Fund or an assignment of the entire remaining amount of the assigning Lender’s Commitment, the amount of the commitment of the assigning Lender subject to each such assignment (determined as of the date the Assignment and Acceptance
with respect to such assignment is delivered to the Administrative Agent) shall not be less than $1 million, unless each of the Borrower and the Administrative Agent otherwise consent; 

  
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provided that no such consent of the Borrower shall be required if an Event of Default under paragraph (b), (c), (h) or (i) of Section 7.01 has occurred and is
continuing; 
 (B)        each partial assignment shall be made as an assignment of
a proportionate part of all the assigning Lender’s rights and obligations under this Agreement; 

(C)        the parties to each assignment shall execute and deliver to the
Administrative Agent an Assignment and Acceptance, together with a processing and recordation fee of $3,500; provided that no such recordation fee shall be due in connection with an assignment to an existing Lender or Affiliate of a Lender or
an Approved Fund of such Lender or an assignment by the Administrative Agent; and 

(D)        the assignee, if it shall not be a Lender, shall deliver to the
Administrative Agent an Administrative Questionnaire. 
 For purposes of this Section 9.04(b), the term “Approved
Fund” shall have the following meaning: 
 “Approved Fund” shall mean any person (other than a
natural person) that is engaged in making, purchasing, holding or investing in bank loans and similar extensions of credit in the ordinary course and that is administered or managed by a Lender, an Affiliate of a Lender or an entity or an Affiliate
of an entity that administers or manages a Lender. 
 (iii)        Subject to acceptance and
recording thereof pursuant to paragraph (b)(iv) of this Section, from and after the effective date specified in each Assignment and Acceptance the assignee thereunder shall be a party hereto and, to the extent of the interest assigned by such
Assignment and Acceptance, have the rights and obligations of a Lender under this Agreement, and the assigning Lender hereunder shall, to the extent of the interest assigned by such Assignment and Acceptance, be released from its obligations under
this Agreement (and, in the case of an Assignment and Acceptance covering all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto but shall continue to be entitled to the benefits
of Sections 2.15, 2.16, 2.17 and 9.05). Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this Section 9.04 shall be treated for purposes of this Agreement as a sale by such
Lender of a participation in such rights and obligations in accordance with paragraph (c) of this Section. 

(iv)        The Administrative Agent, acting for this purpose as an agent of the Borrower, shall
maintain at one of its offices a copy of each Assignment and Acceptance delivered to it and a register for the recordation of the names and addresses of the Lenders, and the Commitment of, and principal and interest amounts of the Loans and L/C
Disbursements owing to, each Lender pursuant to the terms hereof from time to time (the “Register”). The entries in the Register shall be conclusive, and the Borrower, the Agents, each Issuing Bank and the Lenders shall treat each
person whose name is recorded in the Register pursuant to the terms hereof as the Lender hereunder for all purposes of this Agreement, notwithstanding notice to the contrary. The Register shall be available for inspection by the Borrower, any
Issuing Bank and any Lender, at any reasonable time and from time to time upon reasonable prior notice. 

  
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 (v)        Upon its receipt of a duly completed
Assignment and Acceptance executed by an assigning Lender and an assignee, the assignee’s completed Administrative Questionnaire (unless the assignee shall already be a Lender hereunder), the processing and recordation fee referred to in
paragraph (b) of this Section and any written consent to such assignment required by paragraph (b) of this Section, the Administrative Agent shall accept such Assignment and Acceptance and record the information contained therein in the
Register. No assignment shall be effective for purposes of this Agreement unless it has been recorded in the Register as provided in this paragraph. 

(vi)       No such assignment shall be made (A) to the Borrower or any of the Borrower’s
Affiliates or Subsidiaries except as provided in Sections 2.23 and 2.24 or (B) to any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons described in
this clause (B), or (C) to a natural person. 
 (c)        (i)  Any Lender may,
without the consent of the Borrower, the Administrative Agent, any Issuing Bank or any Swingline Lender, sell participations to one or more banks or other entities (a “Participant”) in all or a portion of such Lender’s rights
and obligations under this Agreement (including all or a portion of its Commitment and the Loans owing to it); provided that (A) such Lender’s obligations under this Agreement shall remain unchanged, (B) such Lender shall
remain solely responsible to the other parties hereto for the performance of such obligations and (C) the Borrower, the Agents, each Issuing Bank and the other Lenders shall continue to deal solely and directly with such Lender in connection
with such Lender’s rights and obligations under this Agreement. Any agreement or instrument (oral or written) pursuant to which a Lender sells such a participation shall provide that such Lender shall retain the sole right to enforce this
Agreement and the other Loan Documents and to approve any amendment, modification or waiver of any provision of this Agreement and the other Loan Documents; provided that (x) such agreement or instrument may provide that such Lender will
not, without the consent of the Participant, agree to any amendment, modification or waiver described in Section 9.04(a)(i) or clauses (i), (ii), (iii), (iv), (v) or (vi) of the first proviso to Section 9.08(b) that affects
such Participant and (y) no other agreement (oral or written) with respect to such Participant may exist between such Lender and such Participant. Subject to paragraph (c)(ii) of this Section, the Borrower agrees that each Participant
shall be entitled to the benefits of Sections 2.15, 2.16 and 2.17 to the same extent, and subject to the same documentary requirements, as if it were a Lender and had acquired its interest by assignment pursuant to paragraph (b) of this
Section (subject to the requirements and limitations of such sections as if it were a Lender). To the extent permitted by law, each Participant also shall be entitled to the benefits of Section 9.06 as though it were a Lender; provided
that such Participant shall be subject to Section 2.18(c) as though it were a Lender. 

(ii)        A Participant shall not be entitled to receive any greater payment under
Section 2.15, 2.16 or 2.17 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, except to the extent such entitlement to a greater payment results from a Change in Law after
the sale of the participation takes place. 
 (iii)       Each Lender shall, acting for this purpose as
a non-fiduciary agent of the Borrower, maintain at one of its offices a register for the recordation of the names and addresses 

  
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of its Participants, and the amount and terms of its participations, including specifying any such Participant’s entitlement to payments of principal and interest, and any payments made,
with respect to each such participation (the “Participant Register”). The entries in the Participant Register shall be conclusive absent manifest error, and such Lender shall treat each person whose name is recorded in the
Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any notice to the contrary; provided that no Lender shall have any obligation to disclose all or any portion of the Participant
Register to any Person (including the identity of any Participant or any information relating to a Participant’s interest in any Commitments, Loans or its other obligations under any Loan Document) except to the extent that such disclosure is
necessary to establish that such Commitment, Loan, or other obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations. 

(d)        Any Lender may at any time pledge or assign a security interest in all or any portion of
its rights under this Agreement to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank or other central bank having jurisdiction over such Lender, and this Section shall not apply to
any such pledge or assignment of a security interest; provided that no such pledge or assignment of a security interest shall release a Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as
a party hereto. 
 SECTION 9.05            Expenses; Indemnity. 

(a)        The Borrower agrees to pay all reasonable out-of-pocket expenses (including Other Taxes)
incurred by the Agents in connection with the preparation of this Agreement and the other Loan Documents, or by the Agents in connection with the syndication of the Commitments or the administration of this Agreement (including expenses incurred in
connection with due diligence and initial and ongoing Collateral examination to the extent incurred with the reasonable prior approval of the Borrower and the reasonable fees, disbursements and the charges for no more than one counsel in each
jurisdiction where Collateral is located) or in connection with any amendments, modifications or waivers of the provisions hereof or thereof (whether or not the Transactions hereby contemplated shall be consummated) or incurred by the Agents or any
Lender in connection with the enforcement or protection of their rights in connection with this Agreement and the other Loan Documents, in connection with the Loans made or the Letters of Credit issued hereunder, including the reasonable fees,
charges and disbursements of Cahill Gordon & Reindel LLP, counsel for the Agents and the Lead Arranger, Holland and Hart, special mining counsel for the Agents and Lenders, and Burns Figa & Will P.C., special mining
counsel in Wyoming for the Agents and Lenders, and, in connection with any such enforcement or protection, the reasonable fees, charges and disbursements of any other counsel, including the reasonable fees, charges and disbursements of counsel for
the Agents, the Lead Arranger, any Issuing Bank or any Lender (but no more than one outside counsel for any Lender). 

(b)        The Borrower agrees to indemnify the Agents, the Lead Arranger, each Issuing Bank, each
Lender and each of their respective Affiliates, directors, trustees, officers, employees, investment advisors and agents (each such person being called an “Indemnitee”) against, and to hold each Indemnitee harmless from, any and all
losses, claims, damages, liabilities, litigation, investigations or proceedings and related expenses, including reasonable 

  
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counsel fees, charges and disbursements, incurred by or asserted or brought against any Indemnitee arising out of, in any way connected with, or as a result of (i) the execution or delivery
of this Agreement or any other Loan Document or any agreement or instrument contemplated hereby or thereby, the performance by the parties hereto and thereto of their respective obligations thereunder or the consummation of the Transactions and the
other transactions contemplated hereby, (ii) any actual or proposed use of the proceeds of the Loans or the use of any Letter of Credit or (iii) any claim, litigation, investigation or proceeding relating to any of the foregoing, whether
or not any Indemnitee is a party thereto; provided that such indemnity shall not, as to any Indemnitee, be available to the extent that such losses, claims, damages, liabilities, litigation, investigations or proceedings or related expenses
result primarily from the gross negligence or willful misconduct of such Indemnitee or any of its Related Parties as determined by a court of competent jurisdiction in a final and non-appealable judgment (any such Indemnitee and its Related Parties
treated, for this purpose only, as a single Indemnitee). Subject to and without limiting the generality of the foregoing sentence, the Borrower agrees to indemnify each Indemnitee against, and hold each Indemnitee harmless from, any and all losses,
claims, damages, liabilities, litigation, investigations or proceedings and related expenses, including reasonable counsel or consultant fees, charges and disbursements, incurred by or asserted against any Indemnitee arising out of, in any way
connected with, or as a result of (A) any Environmental Claim related in any way to the Borrower or any of its Subsidiaries, or (B) any actual or alleged presence, Release or threatened Release of Hazardous Materials at, under, on or from
any property or facility owned, leased or operated by the Borrower or any of its Subsidiaries, or by any predecessor of the Borrower or any of its Subsidiaries; provided that such indemnity shall not, as to any Indemnitee, be available to the
extent that such losses, claims, damages, liabilities, litigation, investigations or proceedings or related expenses result from the gross negligence or willful misconduct of such Indemnitee or any of its Related Parties as determined by a court of
competent jurisdiction in a final and non-appealable judgment. The provisions of this Section 9.05 shall remain operative and in full force and effect regardless of the expiration of the term of this Agreement, the consummation of the
transactions contemplated hereby, the repayment of any of the Obligations, the invalidity or unenforceability of any term or provision of this Agreement or any other Loan Document, or any investigation made by or on behalf of any Agent, any Issuing
Bank or any Lender. All amounts due under this Section 9.05 shall be payable on written demand therefor accompanied by reasonable documentation with respect to any reimbursement, indemnification or other amount requested. 

(c)        Unless an Event of Default shall have occurred and be continuing, the Borrower shall be
entitled to assume the defense of any action for which indemnification is sought hereunder with counsel of its choice at its expense (in which case the Borrower shall not thereafter be responsible for the fees and expenses of any separate counsel
retained by an Indemnitee except as set forth below); provided, however, that such counsel shall be reasonably satisfactory to each such Indemnitee. In addition, no settlement shall be agreed to by the Borrower unless it
(a) includes an unconditional release of such Indemnitee in form and substance reasonably satisfactory to such Indemnitee (which approval shall not be unreasonably withheld or delayed) from all liability on claims that are the subject matter of
such actions and (b) does not include any statement as to or any admission of fault, culpability or a failure to act by or on behalf of such Indemnitee. Notwithstanding the Borrower’s election to assume the defense of such action, each
Indemnitee shall have the right to employ separate counsel and to participate in the defense of such action, and the Borrower shall bear the reasonable fees, costs 

  
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and expenses of such separate counsel, if (i) the use of counsel chosen by the Borrower to represent such Indemnitee would present such counsel with a conflict of interest; (ii) the
actual or potential defendants in, or targets of, any such action include both the Borrower and such Indemnitee and such Indemnitee shall have reasonably concluded that there may be legal defenses available to it that are different from or
additional to those available to the Borrower (in which case the Borrower shall not have the right to assume the defense or such action on behalf of such Indemnitee); (iii) the Borrower shall not have employed counsel reasonably satisfactory to
such Indemnitee to represent it within a reasonable time after notice of the institution of such action; or (iv) the Borrower shall authorize in writing such Indemnitee to employ separate counsel at the Borrower’s expense. The Borrower
will not be liable under this Agreement for any amount paid by an Indemnitee to settle any claims or actions if the settlement is entered into without the Borrower’s consent, which consent may not be withheld or delayed unless such settlement
is unreasonable in light of such claims or actions against, and defenses available to, such Indemnitee. 

(d)        Except as expressly provided in Section 9.05(a) with respect to Other Taxes, which
shall not be duplicative with any amounts paid pursuant to Section 2.17, this Section 9.05 shall not apply to Taxes, except any Taxes that represent losses, claims, damages or liabilities arising from any non-Tax claim. 

(e)        To the extent permitted by applicable law, the Loan Parties shall not assert, and hereby
waive, any claim against any Indemnitee by the Loan Parties or their Affiliates, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as
a result of, this Agreement or any agreement or instrument contemplated hereby, the Transactions, any Loan or Letter of Credit or the use of the proceeds thereof. 

(f)        No Indemnitee referred to in paragraph (b) above shall be liable for any damages
arising from the use by unintended recipients of any information or other materials distributed by it through telecommunications, electronic or other information transmission systems in connection with this Agreement or the other Loan Documents or
the transactions contemplated hereby or thereby. 
 SECTION
9.06            Right of Set-off.  If an Event of Default shall have occurred and be continuing, each Lender and each Issuing Bank is hereby authorized at any time and from
time to time, to the fullest extent permitted by law, to set off and apply any and all deposits (general or special, time or demand, provisional or final) at any time held and other indebtedness at any time owing by such Lender or such Issuing Bank
to or for the credit or the account of the Borrower or any Restricted Subsidiary against any of and all the obligations of the Borrower now or hereafter existing under this Agreement or any other Loan Document held by such Lender or such Issuing
Bank, irrespective of whether or not such Lender or such Issuing Bank shall have made any demand under this Agreement or such other Loan Document and although the obligations may be unmatured. The rights of each Lender and each Issuing Bank under
this Section 9.06 are in addition to other rights and remedies (including other rights of set-off) that such Lender or such Issuing Bank may have. 

  
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 SECTION
9.07            Applicable Law.  THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS (OTHER THAN LETTERS OF CREDIT AND AS EXPRESSLY SET FORTH IN OTHER LOAN DOCUMENTS) SHALL BE
CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK. 
 SECTION
9.08            Waivers; Amendment. 

(a)        No failure or delay of the Agents, any Issuing Bank or any Lender in exercising any right
or power hereunder or under any Loan Document shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such a right or power, preclude any other
or further exercise thereof or the exercise of any other right or power. The rights and remedies of the Agents, each Issuing Bank and the Lenders hereunder and under the other Loan Documents are cumulative and are not exclusive of any rights or
remedies that they would otherwise have. No waiver of any provision of this Agreement or any other Loan Document or consent to any departure by the Borrower or any other Loan Party therefrom shall in any event be effective unless the same shall be
permitted by paragraph (b) below, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. No notice or demand on the Borrower or any other Loan Party in any case shall entitle such
person to any other or further notice or demand in similar or other circumstances. 

(b)        Neither this Agreement nor any other Loan Document nor any provision hereof or thereof may
be waived, amended or modified except (x) in the case of this Agreement, pursuant to an agreement or agreements in writing entered into by the Borrower and the Required Lenders and (y) in the case of any other Loan Document, pursuant to an
agreement or agreements in writing entered into by each party thereto and the Collateral Agent and consented to by the Required Lenders; provided, however, that no such agreement shall: 

 (i)       decrease or forgive the principal amount of, or extend the final maturity
of, or decrease the rate of interest on, any Loan or any L/C Disbursement, without the prior written consent of each Lender directly affected thereby; provided that any amendment to the financial covenant definitions in this Agreement shall
not constitute a reduction in the rate of interest for purposes of this clause (i); 

(ii)       increase or extend the Commitment of any Lender or decrease the Commitment Fees
or L/C Participation Fees or other fees of any Lender without the prior written consent of such Lender (it being understood that waivers or modifications of conditions precedent, covenants, Defaults or Events of Default or of a mandatory reduction
in the aggregate Commitments shall not constitute an increase of the Commitments of any Lender); 

(iii)        extend or waive any Term B Loan Installment Date or reduce the amount due on
any Term B Loan Installment Date or extend any date on which payment of interest on any Loan or any L/C Disbursement or any Fees is due, without the prior written consent of each Lender adversely affected thereby; 

  
 145 

  (iv)        amend or modify the
provisions of Section 2.18(b) or (c) in a manner that would by its terms alter the pro rata sharing of payments required thereby, without the prior written consent of each Lender adversely affected thereby; 

(v)        amend or modify the provisions of this Section or the definition of
the terms “Required Lenders,” “Majority Lenders” or any other provision hereof specifying the number or percentage of Lenders required to waive, amend or modify any rights hereunder or make any determination or grant any consent
hereunder, without the prior written consent of each Lender adversely affected thereby (it being understood that, with the consent of the Required Lenders, additional extensions of credit pursuant to this Agreement may be included in the
determination of the Required Lenders on substantially the same basis as the Loans and Commitments are included on the Fourth Amendment Effective Date); 

 (vi)        release all or substantially all the Collateral or release any of
the Borrower or any Subsidiary Guarantor from its Guarantee, unless such release occurs pursuant to Section 9.18, without the prior written consent of each Lender; 

(vii)       effect any waiver, amendment or modification that by its terms adversely
affects the rights in respect of payments or collateral of Lenders participating in any Facility differently from those of Lenders participating in other Facilities, without the consent of the Majority Lenders participating in the adversely affected
Facility (it being agreed that the Required Lenders may waive, in whole or in part, any prepayment or Commitment reduction required by Section 2.11); or 

(viii)       expressly change or waive any condition precedent in Section 4.02 to any
Revolving Facility Borrowing without the written consent of the Majority of Lenders under the Revolving Facility; 
 provided, further, that
(A) no such agreement shall amend, modify or otherwise affect the rights or duties of the Administrative Agent or an Issuing Bank hereunder without the prior written consent of the Administrative Agent or such Issuing Bank acting as such at the
effective date of such agreement, as applicable and (B) any (x) amendment or modification to Section 6.11 or 6.15 (or for the purposes of determining compliance with Section 6.11 or 6.15, any defined terms used therein),
(y) waiver of any Default or Event of Default resulting from a breach of Section 6.11 or 6.15 or (z) alteration of the rights or remedies of the Required Lenders arising pursuant to Article VII as a result of a breach of
Section 6.11 or 6.15 shall, in each case, only require an agreement among the Borrower and the Majority Lenders under the Revolving Facility. Each Lender shall be bound by any waiver, amendment or modification authorized by this
Section 9.08 and any consent by any Lender pursuant to this Section 9.08 shall bind any assignee of such Lender. 

(c)        Without the consent of the Lead Arranger or Lender, the Loan Parties and the
Administrative Agent and/or Collateral Agent may (in their respective sole discretion, or shall, to the extent required by any Loan Document) enter into any amendment, modification or waiver of any Loan Document, or enter into any new agreement or
instrument, to effect the granting, perfection, protection, expansion or enhancement of any security interest in any 

  
 146 

 
Collateral or additional property to become Collateral for the benefit of the Secured Parties, or as required by local law to give effect to, or protect any security interest for the benefit of
the Secured Parties, in any property or so that the security interests therein comply with applicable law. 

(d)        Notwithstanding the foregoing, this Agreement may be amended (or amended and restated)
with the written consent of the Required Lenders, the Administrative Agent and the Borrower (a) to add one or more additional credit facilities to this Agreement and to permit the extensions of credit from time to time outstanding thereunder
and the accrued interest and fees in respect thereof to share ratably in the benefits of this Agreement and the other Loan Documents with the Term B Loans and the Revolving Facility Loans and the accrued interest and fees in respect thereof and
(b) to include appropriately the Lenders holding such credit facilities in any determination of the Required Lenders. 

(e)        In addition, notwithstanding the foregoing, this Agreement may be amended with the written
consent of the Administrative Agent, the Borrower and the Lenders providing the relevant Replacement Term Loans (as defined below) to permit the refinancing of all outstanding Term B Loans of a particular Class (“Refinanced Term
Loans”) with a replacement term loan tranche hereunder which shall be Loans hereunder (“Replacement Term Loans”); provided that (a) the aggregate principal amount of such Replacement Term Loans shall not exceed
the aggregate principal amount of such Refinanced Term Loans, (b) the Applicable Margin for such Replacement Term Loans shall not be higher than the Applicable Margin for such Refinanced Term Loans, (c) the weighted average life to
maturity of such Replacement Term Loans shall not be shorter than the weighted average life to maturity of such Refinanced Term Loans at the time of such refinancing and (d) all other terms applicable to such Replacement Term Loans shall be
substantially identical to, or less favorable to the Lenders providing such Replacement Term Loans than, those applicable to such Refinanced Term Loans, except to the extent necessary to provide for covenants and other terms applicable to any period
after the latest final maturity of the Term B Loans of such Class in effect immediately prior to such refinancing (for avoidance of doubt any such less favorable terms shall apply only to the Refinanced Term Loans and not to the Revolving Facility
Loans). 
 (f)        Notwithstanding the foregoing, technical and conforming modifications to the
Loan Documents may be made with the consent of the Borrower and the Administrative Agent to the extent necessary to integrate any Additional Term Loan Commitments or Additional Revolving Facility Commitments on substantially the same basis as the
Term B Loans or Revolving Facility Loans, as applicable. 
 (g)       For the avoidance of doubt and
notwithstanding provisions to the contrary in this Section 9.08 or elsewhere in this Agreement, this Agreement may be amended (or amended and restated) with the written consent of the Loan Parties and the Administrative Agent for the purpose of
including one or more Incremental Loan Facilities contemplated and on the terms and conditions in Section 2.20, by (i) increasing the aggregate amount of Commitments under any of the respective Facilities and (ii) adding one or more
additional borrowing tranches hereunder and to provide for the ratable sharing of the benefits of this Agreement and the other Loan Documents with the other commitments and Obligations contemplated herein and therein. 

  
 147 

 SECTION 9.09            Interest
Rate Limitation.  Notwithstanding anything herein to the contrary, if at any time the applicable interest rate, together with all fees and charges that are treated as interest under applicable law (collectively, the
“Charges”), as provided for herein or in any other document executed in connection herewith, or otherwise contracted for, charged, received, taken or reserved by any Lender or any Issuing Bank, shall exceed the maximum lawful rate
(the “Maximum Rate”) that may be contracted for, charged, taken, received or reserved by such Lender in accordance with applicable law, the rate of interest payable hereunder, together with all Charges payable to such Lender or such
Issuing Bank, shall be limited to the Maximum Rate, provided that such excess amount shall be paid to such Lender or such Issuing Bank on subsequent payment dates to the extent not exceeding the legal limitation. 

SECTION 9.10            Entire Agreement.  This Agreement, the
other Loan Documents and the agreements regarding certain Fees referred to herein constitute the entire contract between the parties relative to the subject matter hereof. Any previous agreement among or representations from the parties or their
Affiliates with respect to the subject matter hereof is superseded by this Agreement and the other Loan Documents. Notwithstanding the foregoing, the Fee Letter shall survive the execution and delivery of this Agreement and remain in full force and
effect. Nothing in this Agreement or in the other Loan Documents, expressed or implied, is intended to confer upon any party other than the parties hereto and thereto any rights, remedies, obligations or liabilities under or by reason of this
Agreement or the other Loan Documents. 
 SECTION
9.11            WAIVER OF JURY TRIAL.  EACH PARTY HERETO HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN
RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS. EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS
REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND
THE OTHER LOAN DOCUMENTS, AS APPLICABLE, BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 9.11. 

SECTION 9.12            Severability.  In the event any one or
more of the provisions contained in this Agreement or in any other Loan Document should be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein and therein
shall not in any way be affected or impaired thereby. The parties shall endeavor in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to
that of the invalid, illegal or unenforceable provisions. 
 SECTION
9.13            Counterparts.  This Agreement may be executed in two or more counterparts, each of which shall constitute an original but all of which, when taken together,
shall constitute but one contract, and shall become effective as provided in 

  
 148 

 
Section 9.03. Delivery of an executed counterpart to this Agreement by facsimile transmission shall be as effective as delivery of a manually signed original. 

SECTION 9.14            Headings.  Article and Section headings
and the Table of Contents used herein are for convenience of reference only, are not part of this Agreement and are not to affect the construction of, or to be taken into consideration in interpreting, this Agreement. 

SECTION 9.15            Jurisdiction; Consent to Service of Process. 

(a)        Each of the parties hereto hereby irrevocably and unconditionally submits, for itself and
its property, to the exclusive jurisdiction of any New York State court or federal court of the United States of America sitting in New York County, and any appellate court from any thereof, in any action or proceeding arising out of or
relating to this Agreement or the other Loan Documents (other than under any Security Document governed by a law other than the laws of the State of New York or with respect to any Collateral subject thereto), or for recognition or enforcement of
any judgment, and each of the parties hereto hereby irrevocably and unconditionally agrees that all claims in respect of any such action or proceeding may be heard and determined in such New York State or, to the extent permitted by law, in
such federal court. Each of the parties hereto agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. Nothing in
this Agreement shall affect any right that any Lender or any Issuing Bank may otherwise have to bring any action or proceeding relating to this Agreement or the other Loan Documents against the Borrower or any Loan Party or their properties in the
courts of any jurisdiction. 
 (b)        The Borrower hereby irrevocably and unconditionally
waives, to the fullest extent it may legally and effectively do so, any objection which it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this Agreement or the other Loan Documents in
any New York State or federal court. Each of the parties hereto hereby irrevocably waives, to the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court. 

SECTION 9.16            Confidentiality.  Each of the Lenders,
each Issuing Bank and each of the Agents agrees that it shall maintain in confidence any information relating to the Borrower and the other Loan Parties furnished to it by or on behalf of the Borrower or the other Loan Parties (other than
information that (a) has become generally available to the public other than as a result of a disclosure by such party, (b) has been independently developed by such Lender, such Issuing Bank or such Agent without violating this
Section 9.16 or (c) was available to such Lender, such Issuing Bank or such Agent from a third party having, to such person’s knowledge, no obligations of confidentiality to the Borrower or any other Loan Party) and shall not reveal
the same other than to its directors, trustees, officers, employees and advisors with a need to know or to any person that approves or administers the Loans on behalf of such Lender (so long as each such person shall have been instructed to keep the
same confidential in accordance with this Section 9.16), except (A) to the extent necessary to comply with law or any legal or regulatory process (including any self-regulatory authority) or the requirements of any Governmental Authority,
the National Association of Insurance Commissioners or of any 

  
 149 

 
securities exchange on which securities of the disclosing party or any Affiliate of the disclosing party are listed or traded, (B) as part of normal reporting or review procedures to
Governmental Authorities or the National Association of Insurance Commissioners, (C) to its parent companies, Affiliates, auditors and its, and its Affiliates’, respective partners, directors, officers, employees, agents, advisors and
other representatives (so long as each such person shall have been instructed to keep the same confidential in accordance with this Section 9.16), (D) in order to enforce its rights under any Loan Document in a legal proceeding,
(E) to any prospective assignee of, or prospective Participant in, any of its rights under this Agreement (so long as such person shall have been instructed to keep the same confidential in accordance with this Section 9.16 or as shall be
required to keep the same confidential pursuant to any letter or agreement with confidentiality provisions at least as restrictive as this Section 9.16), (F) to any direct or indirect contractual counterparty in any Swap Agreements or such
contractual counterparty’s professional advisor (so long as such contractual counterparty or professional advisor to such contractual counterparty agrees to be bound by the provisions of this Section 9.16 or as shall be required to keep
the same confidential pursuant to any letter or agreement with confidentiality provisions at least as restrictive as this Section 9.16), (G) with the consent of the Borrower, (H) to any nationally recognized rating agency in
connection with ratings issued with respect to such Lender and (I) to other parties to this Agreement. 
 SECTION
9.17            Citigroup Direct Website Communications. 

(a)        Delivery.  (i)  Each Loan Party hereby agrees that it will use
all reasonable efforts to provide to the Administrative Agent all information, documents and other materials that it is obligated to furnish to the Administrative Agent pursuant to this Agreement and any other Loan Document, including, without
limitation, all notices, requests, financial statements, financial and other reports, certificates and other information materials, but excluding any such communication that (A) relates to a request for a new, or a conversion of an existing,
borrowing or other extension of credit (including any election of an interest rate or interest period relating thereto), (B) relates to the payment of any principal or other amount due under this Agreement prior to the scheduled date therefor,
(C) provides notice of any Default or Event of Default under this Agreement or (D) is required to be delivered to satisfy any condition precedent to the effectiveness of this Agreement and/or any borrowing or other extension of credit
hereunder (all such non-excluded communications collectively, the “Communications”), by transmitting the Communications in an electronic/soft medium in a format reasonably acceptable to the Administrative Agent to oploanswebadmin@citigroup.com. Nothing in this Section 9.17 shall prejudice the right of the Agents, the Lead Arranger or any Lender or any
Loan Party to give any notice or other communication pursuant to this Agreement or any other Loan Document in any other manner specified in this Agreement or any other Loan Document. 

    (ii)   The Administrative Agent agrees that receipt of the Communications by the Administrative Agent
at its e-mail address set forth above shall constitute effective delivery of the Communications to the Administrative Agent for purposes of the Loan Documents. Each Lender agrees that notice to it (as provided
in the next sentence) specifying that the Communications have been posted to the Platform (as defined below) shall constitute effective delivery of the Communications to such Lender for purposes of the Loan Documents. Each Lender agrees (A) to
notify the Administrative Agent in writing (including by electronic communication) from time to time of such Lender’s e-mail address to which the foregoing notice

  
 150 

 
may be sent by electronic transmission and (B) that the foregoing notice may be sent to such e-mail address. 

(b)        Posting.  Each Loan Party further agrees that the Administrative Agent
may make the Communications available to the Lenders by posting the Communications on Intralinks or a substantially similar electronic transmission system (the “Platform”). 

(c)        The Platform is provided “as is” and “as available.” The Agent Parties
(as defined below) do not warrant the accuracy or completeness of the Communications, or the adequacy of the Platform and expressly disclaim liability for errors or omissions in the communications. No warranty of any kind, express, implied or
statutory, including, without limitation, any warranty of merchantability, fitness for a particular purpose, non-infringement of third party rights or freedom from viruses or other code defects, is made by any Agent Party in connection with the
Communications or the Platform. In no event shall the Administrative Agent or any of its affiliates or any of their respective officers, directors, employees, agents advisors or representatives (collectively, “Agent Parties”) have
any liability to the Loan Parties, any Lender or any other person or entity for damages of any kind, including, without limitation, direct or indirect, special, incidental or consequential damages, losses or expenses (whether in tort, contract or
otherwise) arising out of any Loan Party’s or the Administrative Agent’s transmission of communications through the internet, except to the extent the liability of any Agent Party is found in a final non-appealable judgment by a court of
competent jurisdiction to have resulted primarily from such Agent Party’s gross negligence or willful misconduct. 
 SECTION
9.18            Release of Liens and Guarantees.  In the event that any Loan Party conveys, sells, leases, assigns, transfers or otherwise disposes of any of its assets
(including any Equity Interests) to a person that is not (and is not required to become) a Loan Party in a transaction not prohibited by Section 6.05, or any Subsidiary Guarantor is designated as an Unrestricted Subsidiary pursuant to
Section 5.13, the Administrative Agent and the Collateral Agent shall promptly (and the Lenders hereby authorize the Administrative Agent and the Collateral Agent to) take such action and execute any such documents as may be reasonably
requested by the Borrower and at the Borrower’s expense to evidence the release of any Liens created by any Loan Document in respect of such assets (or, in the case of the designation of a Subsidiary Guarantor as an Unrestricted Subsidiary, the
assets of such Subsidiary Guarantor), and, in the case of a disposition of the Equity Interests of any Subsidiary Guarantor in a transaction permitted by Section 6.05 and as a result of which such Subsidiary Guarantor would cease to be a Wholly
Owned Domestic Subsidiary, or in the case of a designation of a Subsidiary Guarantor as an Unrestricted Subsidiary pursuant to Section 5.13, evidence the termination of such Subsidiary Guarantor’s obligations under the Guarantee and
Collateral Agreement. In addition, the Administrative Agent and the Collateral Agent agree to take such actions as are reasonably requested by the Borrower and at the Borrower’s expense to evidence the termination of the Liens and security
interests created by the Loan Documents when all the Obligations are paid in full and all Letters of Credit and Commitments are terminated. Any representation, warranty or covenant contained in any Loan Document relating to any such Equity
Interests, asset or subsidiary of the Borrower shall no longer be deemed to be made once such Equity Interests or asset is so conveyed, sold, leased, assigned, transferred or disposed of. In addition, the Administrative Agent and the Collateral
Agent shall promptly (and the Lenders hereby authorize the Administrative Agent and the Collateral Agent to) take such action and execute any 

  
 151 

 
such documents as may be reasonably requested by the Borrower (at the Borrower’s expense) to evidence the release of any Liens created by any Loan Document in respect of Collateral
constituting Receivables Assets in connection with any Permitted Receivables Financing. Any requirement for the Collateral Agent to take such action to evidence the releases of any Liens as set forth above shall be subject to the Collateral
Agent’s receipt of a certification by the Borrower and applicable Loan Party stating that such transaction is in compliance with the Credit Agreement and the other Loan Documents. 

SECTION 9.19            U.S. Patriot Act.  Each Lender hereby
notifies each Loan Party that pursuant to the requirements of the U.S. Patriot Act, it is required to obtain, verify and record information that identifies Loan Parties, which information includes the name and address of each Loan Party and other
information that will allow the Lenders to identify such Loan Party in accordance with the U.S. Patriot Act. 
 SECTION
9.20            No Fiduciary Duty.  Each Agent, each Lender and their Affiliates (collectively, solely for purposes of this paragraph, the “Lenders”), may have
economic interests that conflict with those of the Loan Parties, their stockholders and/or their affiliates. Each Loan Party agrees that nothing in the Loan Documents or otherwise will be deemed to create an advisory, fiduciary or agency
relationship or fiduciary or other implied duty between any Lender, on the one hand, and such Loan Party, its stockholders or its affiliates, on the other. The Loan Parties acknowledge and agree that (i) the transactions contemplated by
the Loan Documents (including the exercise of rights and remedies hereunder and thereunder) are arm’s-length commercial transactions between the Lenders, on the one hand, and the Loan Parties, on the other and (ii) in connection therewith
and with the process leading thereto, (x) no Lender has assumed an advisory or fiduciary responsibility in favor of any Loan Party, its stockholders or its affiliates with respect to the transactions contemplated hereby (or the exercise of
rights or remedies with respect thereto) or the process leading thereto (irrespective of whether any Lender has advised, is currently advising or will advise any Loan Party, its stockholders or its Affiliates on other matters) or any other
obligation to any Loan Party except the obligations expressly set forth in the Loan Documents and (y) each Lender is acting solely as principal and not as the agent or fiduciary of any Loan Party, its management, stockholders, creditors or any
other Person. Each Loan Party acknowledges and agrees that it has consulted its own legal and financial advisors to the extent it deemed appropriate and that it is responsible for making its own independent judgment with respect to such
transactions and the process leading thereto. Each Loan Party agrees that it will not claim that any Lender has rendered advisory services of any nature or respect, or owes a fiduciary or similar duty to such Loan Party, in connection with such
transaction or the process leading thereto. 
 SECTION
9.21            Mortgaged Properties Acknowledgment.  Each Lender by making or acquiring a Loan or interest therein or issuing a Letter of Credit acknowledges that no title
insurance policies or surveys were or will be obtained with respect to Mortgages or Additional Mortgages encumbering Mortgaged Property. Consequently, there is a substantial risk that the Mortgages and Additional Mortgages encumbering any such
Mortgaged Property (a) may be invalid or ineffective and, in such event, the Lenders would not have any recovery as a secured creditor or under any title insurance policy with respect thereto, (b) may be subject to title defects and other
Liens that could have an adverse effect on the value of the Mortgaged Property or the Lenders’ ability to recover against same and (c) may not include all of the 

  
 152 

 
Mortgaged Property intended to be encumbered by a Mortgage or Additional Mortgage. Each Lender agrees that neither the Administrative Agent, the Lead Arranger, the Borrower (and its Subsidiaries)
nor any of their officers, directors, agents, attorneys or other representatives shall have any liability to any Lender as a result of the foregoing. 

  
 153 

 EXHIBIT B 

REAFFIRMATION AGREEMENT 

REAFFIRMATION AGREEMENT, dated as of September 24, 2014 (this “Reaffirmation Agreement”), by and among CITICORP NORTH
AMERICA, INC., in its capacity as Administrative Agent (in such capacity, the “Administrative Agent”) under the Credit Agreement referred to below and in its capacity as Collateral Agent (in such capacity, the “Collateral
Agent”) under the Credit Agreement referred to below, Alpha Natural Resources, Inc., a Delaware corporation (the “Borrower”), and those Guarantors that are party hereto (collectively, the “Reaffirming
Subsidiaries” and, together with the Borrower, the “Reaffirming Parties”). 
 WHEREAS, reference is made to that
certain fourth amended and restated credit agreement dated as of May 22, 2013, as amended by amendment no. 1 dated as of October 2, 2013, and amendment no. 2 dated as of May 7, 2014 , and as may be further amended and restated,
supplemented or otherwise modified from time to time (the “Credit Agreement”; capitalized terms used herein and not otherwise defined shall have their respective meanings set forth therein) among the Borrower, the lenders party
thereto from time to time, the Administrative Agent, the Collateral Agent and the arrangers, bookrunners and other agents party thereto; 

WHEREAS, reference is made to that certain amendment and restatement to the Credit Agreement, dated as of September 24, 2014 (the
“Fifth Amended and Restated Credit Agreement”) among the Borrower, the lenders party thereto and the Administrative Agent; 

WHEREAS, pursuant to the Security Documents (as defined in the Credit Agreement), and in accordance with the terms thereof, the Reaffirming
Parties have secured and guaranteed the Obligations (as defined in the Credit Agreement); and 
 WHEREAS, the Borrower, the Lenders party
thereto, the Administrative Agent and the other parties thereto have entered into the Fifth Amended and Restated Credit Agreement, pursuant to which, among other things, the maturity of a portion of the Revolving Facility Commitments have been
extended; 
 NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the parties hereto agree as follows: 

(i)            Each of the Reaffirming Subsidiaries hereby acknowledges its
receipt of a copy of the Fifth Amended and Restated Credit Agreement and its review of the terms and conditions thereof and consents to the terms and conditions of the Fifth Amended and Restated Credit Agreement and the transactions contemplated
thereby, including the extension of credit to the Borrower thereunder. Each Reaffirming Party hereby (a) affirms and confirms its guarantees, pledges, grants and other commitments under the Security Documents to which it is a party and
(b) agrees that (i) each Security Document to which it is a party shall continue to be in full force and effect and (ii) all guarantees, pledges, grants and other commitments under the Security Documents shall continue to be in

 
full force and effect and shall accrue to the benefit of the Secured Parties (as defined in the Credit Agreement), including the holders of the Extended Maturity Revolving Facility Commitments.

  (ii)            This Reaffirmation Agreement shall be governed by
and construed in accordance with the laws of the State of New York.  The provisions of Sections 9.11, 9.15 and 9.16 of the Credit Agreement shall apply to this Reaffirmation Agreement to the same extent as if fully set forth
herein. 
 (iii)            This Reaffirmation Agreement may be executed in any
number of counterparts and by different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed an original, but all such counterparts together shall constitute but one and the same instrument. Delivery
of any executed counterpart of a signature page of this Reaffirmation Agreement by facsimile transmission or other electronic imaging means shall be effective as delivery of a manually executed counterpart hereof. 

(iv)            This Reaffirmation Agreement shall for all purposes constitute a
Loan Document. 
 [Remainder of this page intentionally left blank] 

 IN WITNESS WHEREOF, the parties hereto have duly executed this Reaffirmation
Agreement as of the day and year first above written: 
  

							
		 	ALPHA NATURAL RESOURCES, INC.
				
		 	By:	 	  
	 	
		 		 	  Name:	 	
		 		 	  Title:	 	

			
		  	A. T. MASSEY COAL COMPANY, INC.
		  	ALEX ENERGY, INC.
		  	ALPHA AMERICAN COAL COMPANY, LLC
		  	ALPHA AMERICAN COAL HOLDING, LLC
		  	ALPHA APPALACHIA SERVICES, INC.
		  	ALPHA AUSTRALIA, LLC
		  	ALPHA COAL RESOURCES COMPANY, LLC
		  	ALPHA COAL SALES CO., LLC
		  	ALPHA COAL WEST, INC.
		  	ALPHA EUROPEAN SALES, INC.
		  	ALPHA GAS AND OIL COMPANY
		  	ALPHA INDIA, LLC
		  	ALPHA LAND AND RESERVES, LLC
		  	ALPHA MIDWEST HOLDING COMPANY
		  	ALPHA PA COAL TERMINAL, LLC
		  	ALPHA SHIPPING AND CHARTERING, LLC
		  	ALPHA TERMINAL COMPANY, LLC
		  	ALPHA WYOMING LAND COMPANY, LLC
		  	AMFIRE, LLC
		  	AMFIRE HOLDINGS, LLC
		  	AMFIRE MINING COMPANY, LLC
		  	APPALACHIA COAL SALES COMPANY, INC.
		  	APPALACHIA HOLDING COMPANY
		  	ARACOMA COAL COMPANY, INC.
		  	AXIOM EXCAVATING AND GRADING SERVICES, LLC
		  	BANDMILL COAL CORPORATION
		  	BANDYTOWN COAL COMPANY
		  	BARBARA HOLDINGS INC.
		  	BARNABUS LAND COMPANY
		  	BELFRY COAL CORPORATION
		  	BEN CREEK COAL COMPANY
		  	BIG BEAR MINING COMPANY
		  	BLACK CASTLE MINING COMPANY, INC.
		  	BLACK DOG COAL, LLC
		  	BLACK KING MINE DEVELOPMENT CO.
		  	BLACK MOUNTAIN CUMBERLAND RESOURCES, INC.
		  	BOONE EAST DEVELOPMENT CO.
		  	BROOKS RUN MINING COMPANY, LLC
		  	BROOKS RUN SOUTH MINING, LLC
		  	BUCHANAN ENERGY COMPANY, LLC
		  	CASTLE GATE HOLDING COMPANY
		  	CENTRAL PENN ENERGY COMPANY, INC.
		  	CLEAR FORK COAL COMPANY
		  	CORAL ENERGY SERVICES, LLC
		  	CRYSTAL FUELS COMPANY
		  	DEHUE COAL COMPANY
		  	DELBARTON MINING COMPANY
		  	DELTA MINE HOLDING COMPANY
		  	DICKENSON-RUSSELL COAL COMPANY, LLC

			
		  	DICKENSON-RUSSELL LAND AND RESERVES, LLC
		  	DRIH CORPORATION
		  	DRY SYSTEMS TECHNOLOGIES, INC.
		  	DUCHESS COAL COMPANY
		  	EAGLE ENERGY, INC.
		  	ELK RUN COAL COMPANY, INC.
		  	ENTERPRISE MINING COMPANY, LLC
		  	ESPERANZA COAL CO., LLC
		  	FOUNDATION MINING, LLC
		  	FOUNDATION PA COAL COMPANY, LLC
		  	FOUNDATION ROYALTY COMPANY
		  	FREEPORT MINING, LLC
		  	FREEPORT RESOURCES COMPANY, LLC
		  	GOALS COAL COMPANY
		  	GREEN VALLEY COAL COMPANY
		  	GREYEAGLE COAL COMPANY
		  	HARLAN RECLAMATION SERVICES LLC
		  	HERNDON PROCESSING COMPANY, LLC
		  	HIGHLAND MINING COMPANY
		  	HOPKINS CREEK COAL COMPANY
		  	INDEPENDENCE COAL COMPANY, INC.
		  	JACKS BRANCH COAL COMPANY
		  	JAY CREEK HOLDING, LLC
		  	JOBONER COAL COMPANY
		  	KANAWHA ENERGY COMPANY
		  	KEPLER PROCESSING COMPANY, LLC
		  	KINGSTON MINING, INC.
		  	KINGWOOD MINING COMPANY, LLC
		  	KNOX CREEK COAL CORPORATION
		  	LAUREN LAND COMPANY
		  	LAXARE, INC.
		  	LITWAR PROCESSING COMPANY, LLC
		  	LOGAN COUNTY MINE SERVICES, INC.
		  	LONG FORK COAL COMPANY
		  	LYNN BRANCH COAL COMPANY, INC.
		  	MAPLE MEADOW MINING COMPANY
		  	MARFORK COAL COMPANY, INC.
		  	MARTIN COUNTY COAL CORPORATION
		  	MAXXIM REBUILD CO., LLC
		  	MAXXIM SHARED SERVICES, LLC
		  	MAXXUM CARBON RESOURCES, LLC
		  	MCDOWELL-WYOMING COAL COMPANY, LLC
		  	MILL BRANCH COAL CORPORATION
		  	NEW RIDGE MINING COMPANY
		  	NEW RIVER ENERGY CORPORATION
		  	NEWEAGLE INDUSTRIES, INC.
		  	NICEWONDER CONTRACTING, INC.
		  	NORTH FORK COAL CORPORATION
		  	OMAR MINING COMPANY
		  	PARAMONT COAL COMPANY VIRGINIA, LLC

					
		  	PAYNTER BRANCH MINING, INC.
		  	PEERLESS EAGLE COAL CO.
		  	PENNSYLVANIA LAND HOLDINGS COMPANY, LLC
		  	PENNSYLVANIA SERVICES CORPORATION
		  	PERFORMANCE COAL COMPANY
		  	PETER CAVE MINING COMPANY
		  	PIGEON CREEK PROCESSING CORPORATION
		  	PILGRIM MINING COMPANY, INC.
		  	PIONEER FUEL CORPORATION
		  	PLATEAU MINING CORPORATION
		  	POWER MOUNTAIN COAL COMPANY
		  	PREMIUM ENERGY, LLC
		  	RAWL SALES & PROCESSING CO.
		  	REPUBLIC ENERGY, INC.
		  	RESOURCE DEVELOPMENT LLC
		  	RESOURCE LAND COMPANY LLC
		  	RIVER PROCESSING CORPORATION
		  	RIVERSIDE ENERGY COMPANY, LLC
		  	RIVERTON COAL PRODUCTION INC.
		  	ROAD FORK DEVELOPMENT COMPANY, INC.
		  	ROBINSON-PHILLIPS COAL COMPANY
		  	ROCKSPRING DEVELOPMENT, INC.
		  	ROSTRAVER ENERGY COMPANY
		  	RUM CREEK COAL SALES, INC.
		  	RUSSELL FORK COAL COMPANY
		  	SHANNON-POCAHONTAS COAL CORPORATION
		  	SIDNEY COAL COMPANY, INC.
		  	SOLOMONS MINING COMPANY
		  	SPARTAN MINING COMPANY
		  	STIRRAT COAL COMPANY
		  	SYCAMORE FUELS, INC.
		  	T. C. H. COAL CO.
		  	TENNESSEE CONSOLIDATED COAL COMPANY
		  	TENNESSEE ENERGY CORP.
		  	TRACE CREEK COAL COMPANY
		  	TUCSON LIMITED LIABILITY COMPANY
		  	TWIN STAR MINING, INC.
		  	VANTAGE MINING COMPANY
		  	WABASH MINE HOLDING COMPANY
		  	WARRICK HOLDING COMPANY
		  	WEST KENTUCKY ENERGY COMPANY
		  	WHITE BUCK COAL COMPANY
		  	WILLIAMS MOUNTAIN COAL COMPANY
		  	WYOMAC COAL COMPANY, INC.,
			
		  	By:	  	  

		  		  	Name:
		  		  	Title:
		
		  	ALPHA APPALACHIA HOLDINGS, INC.

									
		 	ALPHA NATURAL RESOURCES, LLC
		 	ALPHA NATURAL RESOURCES SERVICES, LLC
				
		 	By:	 	  
	 	
		 		 	Name:	 		 	
		 		 	Title:	 		 	
		
		 	ALPHA NATURAL RESOURCES INTERNATIONAL, LLC
				
		 	By:	 	  
	 	
		 		 	Name:	 		 	
		 		 	Title:	 		 	
			
		 	AMFIRE WV, L.P.	 	
		 	By:  	 	    AMFIRE Holdings, LLC,

   as General Partner

				
		 	By:	 	  
	 	
		 		 	Name:	 		 	
		 		 	Title:	 		 	
			
		 	CUMBERLAND COAL RESOURCES, LP	 	
		 	By:	 	    Pennsylvania Services Corporation,

   as General Partner

				
		 	By:	 	  
	 	
		 		 	Name:	 		 	
		 		 	Title:	 		 	
			
		 	EMERALD COAL RESOURCES, LP	 	
		 	By:	 	   Pennsylvania Services Corporation,	 	

									
		 		 	  as General Partner	 	
				
		 	By:	 	  
	 	
		 		 	Name:	 		 	
		 		 	Title:	 		 	
		
		 	ALPHA SUB ONE, LLC
		 	ALPHA SUB TWO, LLC
				
		 	By:  	 	  
	 	
		 		 	Name:	 		 	
		 		 	Title:	 		 	

					
		 	 Citicorp North America, Inc., as

the Administrative Agent and Collateral Agent

			
		 	By:	 	  

		 		 	Name:
		 		 	Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00235-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00235-of-00352.parquet"}]]