Document:

EX-4.1

Exhibit 4.1

THIRTIETH SUPPLEMENTAL INDENTURE

(5 7/8% Senior Notes due 2016)

          Thirtieth Supplemental Indenture (this “Supplemental Indenture”), dated as of March
13, 2009, by the entities listed on Schedule I (“Guaranteeing Subsidiaries”), being
subsidiaries of Peabody Energy Corporation (or its permitted successor), a Delaware corporation
(the “Company”), the Company, the other Subsidiary Guarantors (as defined in the Indenture
referred to below) and U.S. Bank National Association, as Trustee under the Indenture referred to
below (the “Trustee”).

W I T N E S S E T H

          WHEREAS, the Company has executed and delivered to the Trustee the First Supplemental
Indenture dated as of March 23, 2004 to the Indenture dated as of March 19, 2004, (the “Base
Indenture,” and, together with the First Supplemental Indenture, the “Indenture”)
providing for the issuance of an unlimited amount of 5 7/8% Senior Notes due 2016 (the
“Notes”); as supplemented by:

	 	•	 	Second Supplemental Indenture, dated as of April 22, 2004;
	 
	 	•	 	Third Supplemental Indenture, dated as of October 18, 2004;
	 
	 	•	 	Fourth Supplemental Indenture, dated as of January 20, 2005;
	 
	 	•	 	Fifth Supplemental Indenture, dated as of September 30, 2005;
	 
	 	•	 	Sixth Supplemental Indenture, dated as of January 20, 2006;
	 
	 	•	 	Seventh Supplemental Indenture, dated as of June 13, 2006;
	 
	 	•	 	Eighth Supplemental Indenture, dated as of June 30, 2006;
	 
	 	•	 	Ninth Supplemental Indenture, dated as of September 29, 2006;
	 
	 	•	 	Twelfth Supplemental Indenture, dated as of November 10, 2006;
	 
	 	•	 	Fifteenth Supplemental Indenture dated as of January 31, 2007;
	 
	 	•	 	Eighteenth Supplemental Indenture, dated as of June 14, 2007;
	 
	 	•	 	Twenty-first Supplemental Indenture, dated as of November 17, 2007;
	 
	 	•	 	Twenty-fourth Supplemental Indenture, dated as of March 31, 2008;
	 
	 	•	 	Twenty-seventh Supplemental Indenture, dated as of November 5, 2008; and

          WHEREAS, the Indenture provides that under certain circumstances the Guaranteeing Subsidiaries
shall execute and deliver to the Trustee a supplemental Indenture pursuant to which the
Guaranteeing Subsidiaries shall unconditionally guarantee all of the Company’s Obligations under
the Notes and the Indenture on the terms and conditions set forth herein (the “Subsidiary
Guarantee”); and

          WHEREAS, pursuant to Section 9.01 of the Base Indenture, the Trustee is authorized to execute
and deliver this Supplemental Indenture.

          NOW THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, each of the Guaranteeing Subsidiaries
and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the
Notes as follows:

               1. Capitalized Terms. Capitalized terms used herein without definition shall have the
meanings assigned to them in the Indenture.

               2. Agreement to Guarantee. The Guaranteeing Subsidiaries agree as follows:

	 	(a)	 	Along with all Subsidiary Guarantors named in the Indenture, to
jointly and severally Guarantee to each Holder of a Note authenticated and
delivered by the Trustee and to

 

 

	 	 	 	the Trustee and its successors and assigns, irrespective of the validity and
enforceability of the Indenture, the Notes or the obligations of the Company
hereunder or thereunder, that:

	 	(i)	 	the principal of and interest on the Notes will
be promptly paid in full when due, whether at maturity, by acceleration,
redemption or otherwise, and interest on the overdue principal of and
interest on the Notes, if any, if lawful, and all other obligations of
the Company to the Holders or the Trustee hereunder or thereunder will
be promptly paid in full or performed, all in accordance with the terms
hereof and thereof; and
	 
	 	(ii)	 	in case of any extension of time of payment or
renewal of any Notes or any of such other obligations, that same will be
promptly paid in full when due or performed in accordance with the terms
of the extension or renewal, whether at stated maturity, by acceleration
or otherwise. Failing payment when due of any amount so guaranteed or
any performance so guaranteed for whatever reason, the Subsidiary
Guarantors shall be jointly and severally obligated to pay the same
immediately.

	 	(b)	 	The obligations hereunder shall be unconditional, irrespective of
the validity, regularity or enforceability of the Notes or the Indenture, the
absence of any action to enforce the same, any waiver or consent by any Holder
of the Notes with respect to any provisions hereof or thereof, the recovery of
any judgment against the Company, any action to enforce the same or any other
circumstance which might otherwise constitute a legal or equitable discharge or
defense of a Subsidiary Guarantor.
	 
	 	(c)	 	The following is hereby waived: diligence presentment, demand of
payment, filing of claims with a court in the event of insolvency or bankruptcy
of the Company, any right to require a proceeding first against the Company,
protest, notice and all demands whatsoever.
	 
	 	(d)	 	This Subsidiary Guarantee shall not be discharged except by
complete performance of the obligations contained in the Notes and the
Indenture.
	 
	 	(e)	 	If any Holder or the Trustee is required by any court or
otherwise to return to the Company, the Subsidiary Guarantors, or any custodian,
Trustee, liquidator or other similar official acting in relation to either the
Company or the Subsidiary Guarantors, any amount paid by either to the Trustee
or such Holder, this Subsidiary Guarantee, to the extent theretofore discharged,
shall be reinstated in full force and effect.
	 
	 	(f)	 	The Guaranteeing Subsidiaries shall not be entitled to any right
of subrogation in relation to the Holders in respect of any obligations
guaranteed hereby until payment in full of all obligations guaranteed hereby.
	 
	 	(g)	 	As between the Subsidiary Guarantors, on the one hand, and the
Holders and the Trustee, on the other hand, (x) the maturity of the obligations
guaranteed hereby may be accelerated as provided in Article 6 of the First
Supplemental Indenture for the purposes of this Subsidiary Guarantee,
notwithstanding any stay, injunction or other prohibition preventing such
acceleration in respect of the obligations guaranteed hereby, and (y) in the
event of any declaration of acceleration of such obligations as
provided in Article 6 of the First Supplemental Indenture, such obligations
(whether

 

 

	 		 	or not due and payable) shall forthwith become due and payable by
the Subsidiary Guarantors for the purpose of this Subsidiary Guarantee.
	 
	 	(h)	 	The Subsidiary Guarantors shall have the right to seek
contribution from any non-paying Subsidiary Guarantor so long as the exercise of
such right does not impair the rights of the Holders under the Subsidiary
Guarantee.
	 
	 	(i)	 	Pursuant to Section 9.04 of the First Supplemental Indenture,
after giving effect to any maximum amount and any other contingent and fixed
liabilities that are relevant under any applicable Bankruptcy or fraudulent
conveyance laws, and after giving effect to any collections from, rights to
receive contribution from or payments made by or on behalf of any other
Subsidiary Guarantor in respect of the obligations of such other Subsidiary
Guarantor under Article 9 of the First Supplemental Indenture shall result in
the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee not
constituting a fraudulent transfer or conveyance.

               3. Execution and Delivery. The Guaranteeing Subsidiaries agree that the Subsidiary Guarantees
shall remain in full force and effect notwithstanding any failure to endorse on each Note a
notation of such Subsidiary Guarantee.

               4. Guaranteeing Subsidiaries May Consolidate, Etc. on Certain Terms.

	 	(a)	 	Each of the Guaranteeing Subsidiaries may not consolidate with or
merge with or into (whether or not such Subsidiary Guarantor is the surviving
Person) another corporation, Person or entity whether or not affiliated with
such Subsidiary Guarantor unless:

	 	(i)	 	subject to Section 9.04 of the First Supplemental
Indenture, the Person formed by or surviving any such consolidation or
merger (if other than a Subsidiary Guarantor or the Company)
unconditionally assumes all the obligations of such Subsidiary
Guarantor, pursuant to a supplemental Indenture in form and substance
reasonably satisfactory to the Trustee, under the Notes, the Indenture
and the Subsidiary Guarantee on the terms set forth herein or therein;
and
	 
	 	(ii)	 	immediately after giving effect to such
transaction, no Default or Event of Default exists.

	 	(b)	 	In case of any such consolidation, merger, sale or conveyance and
upon the assumption by the successor corporation, by supplemental Indenture,
executed and delivered to the Trustee and satisfactory in form to the Trustee,
of the Subsidiary Guarantee endorsed upon the Notes and the due and punctual
performance of all of the covenants and conditions of the Indenture to be
performed by the Subsidiary Guarantor, such successor corporation shall succeed
to and be substituted for the Subsidiary Guarantor with the same effect as if it
had been named herein as a Subsidiary Guarantor. Such successor corporation
thereupon may cause to be signed any or all of the Subsidiary Guarantees to be
endorsed upon all of the Notes issuable hereunder which theretofore shall not
have been signed by the Company and delivered to the Trustee. All the
Subsidiary Guarantees so issued shall in all respects
have the same legal rank and benefit under the Indenture as the Subsidiary
Guarantees theretofore and thereafter issued in accordance with the terms of
the

 

 

	 	 	 	Indenture as though all of such Subsidiary Guarantees had been issued at
the date of the execution hereof.
	 
	 	(c)	 	Except as set forth in Articles 4 and 5 of the First Supplemental
Indenture, and notwithstanding clauses (a) and (b) above, nothing contained in
the Indenture or in any of the Notes shall prevent any consolidation or merger
of a Subsidiary Guarantor with or into the Company or another Subsidiary
Guarantor, or shall prevent any sale or conveyance of the property of a
Subsidiary Guarantor as an entirety or substantially as an entirety to the
Company or another Subsidiary Guarantor.

               5. Releases.

	 	(a)	 	In the event of a sale or other disposition of all of the assets
of any Subsidiary Guarantor, by way of merger, consolidation or otherwise, or a
sale or other disposition of all to the capital stock of any Subsidiary
Guarantor, then such Subsidiary Guarantor (in the event of a sale or other
disposition, by way of merger, consolidation or otherwise, of all of the capital
stock of such Subsidiary Guarantor) or the corporation acquiring the property
(in the event of a sale or other disposition of all or substantially all of the
assets of such Subsidiary Guarantor) will be released and relieved of any
obligations under its Subsidiary Guarantee; provided that the Net Proceeds of
such sale or other disposition are applied in accordance with the applicable
provisions of the Indenture, including without limitation Section 4.10 of the
Indenture. Upon delivery by the Company to the Trustee of an Officer’s
Certificate and an Opinion of Counsel to the effect that such sale or other
disposition was made by the Company in accordance with the provisions of the
Indenture, including without limitation Section 4.10 of the First Supplemental
Indenture, the Trustee shall execute any documents reasonably required in order
to evidence the release of any Subsidiary Guarantor from its obligations under
its Subsidiary Guarantee.
	 
	 	(b)	 	Any Subsidiary Guarantor not released from its obligations under
its Subsidiary Guarantee shall remain liable for the full amount of principal of
and interest on the Notes and for the other obligations of any Subsidiary
Guarantor under the Indenture as provided in Article 9 of the First Supplemental
Indenture.

               6. No Recourse Against Others. No past, present or future director, officer, employee,
incorporator, stockholder or agent of the Guaranteeing Subsidiaries, as such, shall have any
liability for any obligations of the Company or any Guaranteeing Subsidiary under the Notes, any
Subsidiary Guarantees, the Indenture or this Supplemental Indenture or for any claim based on, in
respect of, or by reason of, such obligations or their creation. Each Holder of the Notes by
accepting a Note waives and releases all such liability. The waiver and release are part of the
consideration for issuance of the Notes. Such waiver may not be effective to waive liabilities
under the federal securities laws and it is the view of the Commission that such a waiver is
against public policy.

               7. NEW YORK LAW TO GOVERN. THE LAW OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO
CONSTRUE THIS SUPPLEMENTAL INDENTURE.

               8. Counterparts. The parties may sign any number of copies of this Supplemental Indenture.
Each signed copy shall be an original, but all of them together represent the same agreement.

 

 

               9. Effect of Headings. The Section headings herein are for convenience only and shall not
affect the construction hereof.

               10. The Trustee. The Trustee shall not be responsible in any manner whatsoever for or in
respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the
recitals contained herein, all of which recitals are made solely by each of the Guaranteeing
Subsidiaries and the Company.

               IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly
executed and attested, all as of the date first above written.

	 	 	 	 	 	 	 	 	 
	PEABODY ENERGY CORPORATION

(“COMPANY”)	 	 	 	US BANK NATIONAL ASSOCIATION

(“TRUSTEE”)
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Walter L. Hawkins, Jr.
	 	 	 	By:
	 	/s/ Philip G. Kane, Jr.
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	Walter L. Hawkins, Jr.
	 	 	 	Name:
	 	Philip G. Kane, Jr.
	Title:

	 	Senior Vice President and Treasurer
	 	 	 	Title:
	 	Vice President

 

 

Existing Subsidiary Guarantors:

American Land Development, LLC

American Land Holdings of Illinois, LLC

American Land Holdings of Indiana, LLC

American Land Holdings of Kentucky, LLC

American Land Holdings of West Virginia, LLC

Arclar Company, LLC

Arid Operations Inc.

Big Ridge, Inc.

Big Sky Coal Company

Black Beauty Coal Company, LLC

Black Hills Mining Company, LLC

BTU Empire Company, LLC

     f/k/a BTU Empire Corporation

BTU Western Resources, Inc.

Caballo Coal Company

Caseyville Dock Company, LLC

Central States Coal Reserves of Illinois, LLC

Central States Coal Reserves of Indiana, LLC

Century Mineral Resources, Inc.

COALSALES, LLC

COALSALES II, LLC

COALTRADE International, LLC

COALTRADE, LLC

Coal Reserves Holding Limited Liability Company No. 1

Colorado Yampa Coal Company

Conservancy Resources, LLC

Cottonwood Land Company

Coulterville Coal Company, LLC

Cyprus Creek Land Company

Cyprus Creek Land Resources, LLC

Dyson Creek Coal Company, LLC

Dyson Creek Mining Company, LLC

El Segundo Coal Company, LLC

Falcon Coal Company, LLC

Gallo Finance Company

Gold Fields Chile, LLC

Gold Fields Mining, LLC

Gold Fields Ortiz, LLC

Hayden Gulch Terminal, Inc.

Highwall Mining Services Company

Hillside Recreational Lands, LLC

HMC Mining, LLC

Illinois Land Holdings, LLC

Independence Material Handling, LLC

James River Coal Terminal, LLC

Juniper Coal Company

Kayenta Mobile Home Park, Inc.

Kentucky Syngas, LLC

Lively Grove Energy Partners, LLC

 

 

Marigold Electricity, LLC

Marigold Energy, LLC

Midco Supply and Equipment Corporation

Midwest Coal Acquisition Corp.

Midwest Coal Reserves of Illinois, LLC

Midwest Coal Reserves of Indiana, LLC

Mustang Energy Company, L.L.C.

New Mexico Coal Resources, LLC

New Mexico Employment Resources, LLC

Peabody America, Inc.

Peabody Archveyor, L.L.C.

Peabody Cardinal Gasification, LLC

Peabody Colorado Operations, LLC

     f/k/a Colorado Coal Resources, LLC

Peabody Development Company, LLC

Peabody Electricity, LLC

Peabody Energy Generation Holding Company

Peabody Energy Investments, Inc.

Peabody Energy Solutions, Inc.

Peabody Holding Company, LLC

Peabody International Investments, Inc.

Peabody International Services, Inc.

Peabody Investments Corp.

Peabody Midwest Operations, LLC

     f/k/a Midwest Coal Resources, LLC

Peabody Natural Gas, LLC

Peabody Natural Resources Company

Peabody Powder River Operations, LLC

     f/k/a Powder River Resources, LLC

Peabody Powertree Investments, LLC

Peabody Recreational Lands, L.L.C.

Peabody Rocky Mountain Services, LLC

     f/k/a Williams Fork Coal Resources, LLC

Peabody Southwest, LLC

Peabody Southwestern Coal Company

Peabody Terminal Holdings Company, Inc.

Peabody Terminals, LLC

Peabody Venezuela Coal Corp.

Peabody Venture Fund, LLC

Peabody-Waterside Development, L.L.C.

Peabody Western Coal Company

PEC Equipment Company, LLC

Point Pleasant Dock Company, LLC

Pond River Land Company

Porcupine Production, LLC

Porcupine Transportation, LLC

Powder River Coal, LLC

Randolph Land Resources, LLC

Randolph Land Holding Company, LLC

Riverview Terminal Company

Sage Creek Holdings, LLC

 

 

School Creek Coal Company, LLC

School Creek Coal Resources, LLC

Seneca Coal Company

Shoshone Coal Corporation

Star Lake Energy Company, L.L.C.

Sugar Camp Properties, LLC

Thoroughbred Generating Company, LLC

Thoroughbred Mining Company, L.L.C.

Twentymile Coal Company

West Roundup Resources, Inc.

Williams Fork Coal Company, LLC

Wyoming Natural Gas, LLC

	 	 	 	 	 
	By: 

Name:

	 	/s/ Walter L. Hawkins, Jr.
 

Walter L. Hawkins, Jr.
	 	 
	Title:

	 	Senior Vice President and Treasurer	 	 

Additional Guarantors:

American Land Holdings of Colorado, LLC

Bear Run Coal Company, LLC

Elkland Holdings, LLC

Peabody Bear Run Services, LLC

Peabody Colorado Services, LLC

Peabody Employment Services, LLC

Peabody Gateway Services, LLC

Peabody Illinois Services, LLC

Peabody Indiana Services, LLC

Peabody Midwest Management Services, LLC

Peabody Midwest Services, LLC

Peabody Operations Holding, LLC

Peabody Powder River Management Services, LLC

Peabody Powder River Services, LLC

Peabody Rocky Mountain Management Services, LLC

Peabody Services Holding, LLC

Peabody Wild Boar Services, LLC

Peabody Wyoming Services, LLC

Sage Creek Coal Company, LLC

Vigo Employment Resources, LLC

Wild Boar Coal Company, LLC

	 	 	 	 	 
	By: 

Name:

	 	/s/ Walter L. Hawkins, Jr.
 

Walter L. Hawkins, Jr.
	 	 
	Title:

	 	Senior Vice President and Treasurer	 	 

 

 

SCHEDULE I

New Guaranteeing Subsidiaries:

American Land Holdings of Colorado, LLC, a Delaware limited liability company,

Bear Run Coal Company, LLC, a Delaware limited liability company,

Elkland Holdings, LLC, a Delaware limited liability company,

Peabody Bear Run Services, LLC, a Delaware limited liability company,

Peabody Colorado Services, LLC, a Delaware limited liability company,

Peabody Employment Services, LLC, a Delaware limited liability company,

Peabody Gateway Services, LLC, a Delaware limited liability company,

Peabody Illinois Services, LLC, a Delaware limited liability company,

Peabody Indiana Services, LLC, a Delaware limited liability company,

Peabody Midwest Management Services, LLC, a Delaware limited liability company,

Peabody Midwest Services, LLC, a Delaware limited liability company,

Peabody Operations Holding, LLC, a Delaware limited liability company,

Peabody Powder River Management Services, LLC, a Delaware limited liability company,

Peabody Powder River Services, LLC, a Delaware limited liability company,

Peabody Rocky Mountain Management Services, LLC, a Delaware limited liability company,

Peabody Services Holding, LLC, a Delaware limited liability company,

Peabody Wild Boar Services, LLC, a Delaware limited liability company,

Peabody Wyoming Services, LLC, a Delaware limited liability company,

Sage Creek Coal Company, LLC, a Delaware limited liability company,

Vigo Employment Resources, LLC, a Delaware limited liability company, and

Wild Boar Coal Company, LLC, a Delaware limited liability companyEX-4.2

Exhibit 4.2

THIRTY-FIRST SUPPLEMENTAL INDENTURE

(7 3/8% Senior Notes due 2016)

          Thirty-first Supplemental Indenture (this “Supplemental Indenture”), dated as of March
13, 2009, by the entities listed on Schedule I attached hereto (the “Guaranteeing
Subsidiaries”), being a subsidiary of Peabody Energy Corporation (or its permitted successor),
a Delaware corporation (the “Company”), the Company, the other Subsidiary Guarantors (as
defined in the Indenture referred to herein) and U.S. Bank National Association, as Trustee under
the Indenture referred to below (the “Trustee”).

W I T N E S S E T H

          WHEREAS, the Company has executed and delivered to the Trustee the Tenth Supplemental
Indenture dated as of October 12, 2006 to the Indenture dated as of March 19, 2004 (the “Base
Indenture” and, together with the Tenth Supplemental Indenture, the “Indenture”)
providing for the issuance of an unlimited amount of 7 3/8% Senior Notes due 2016 (the
“Notes”); as supplemented by:

	 	•	 	the Thirteenth Supplemental Indenture, dated as of November 10, 2006;
	 
	 	•	 	the Sixteenth Supplemental Indenture, dated as of January 31, 2007;
	 
	 	•	 	the Nineteenth Supplement Indenture, dated as of June 14, 2007;
	 
	 	•	 	the Twenty-second Supplemental Indenture, dated as of November 14, 2007;
	 
	 	•	 	the Twenty-fifth Supplemental Indenture, dated as of March 31, 2008;
	 
	 	•	 	the Twenty-eighth Supplemental Indenture, dated as of November 5, 2008; and

          WHEREAS, the Indenture provides that under certain circumstances the Guaranteeing Subsidiaries
shall execute and deliver to the Trustee a supplemental Indenture pursuant to which the
Guaranteeing Subsidiaries shall unconditionally guarantee all of the Company’s Obligations under
the Notes and the Indenture on the terms and conditions set forth herein (the “Subsidiary
Guarantee”); and

          WHEREAS, pursuant to Section 9.01 of the Base Indenture, the Trustee is authorized to execute
and deliver this Supplemental Indenture.

          NOW THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, the Guaranteeing Subsidiaries and the
Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes
as follows:

          1. Capitalized Terms. Capitalized terms used herein without definition shall have the
meanings assigned to them in the Indenture.

          2. Agreement to Guarantee. The Guaranteeing Subsidiaries hereby agrees as follows:

	 	(a)	 	Along with all Subsidiary Guarantors named in the Indenture, to jointly and
severally Guarantee to each Holder of a Note authenticated and delivered by the
Trustee and to the Trustee and its successors and assigns, irrespective of the

 

 

	 	 	 	validity and enforceability of the Indenture, the Notes or the obligations of the
Company hereunder or thereunder, that:

	 	(i)	 	the principal of and interest on the Notes will be promptly
paid in full when due, whether at maturity, by acceleration, redemption or
otherwise, and interest on the overdue principal of and interest on the Notes,
if any, if lawful, and all other obligations of the Company to the Holders or
the Trustee hereunder or thereunder will be promptly paid in full or
performed, all in accordance with the terms hereof and thereof; and
	 
	 	(ii)	 	in case of any extension of time of payment or renewal of any
Notes or any of such other obligations, that same will be promptly paid in
full when due or performed in accordance with the terms of the extension or
renewal, whether at stated maturity, by acceleration or otherwise. Failing
payment when due of any amount so guaranteed or any performance so guaranteed
for whatever reason, the Subsidiary Guarantors shall be jointly and severally
obligated to pay the same immediately.

	 	(b)	 	The obligations hereunder shall be unconditional, irrespective of the
validity, regularity or enforceability of the Notes or the Indenture, the absence of
any action to enforce the same, any waiver or consent by any Holder of the Notes with
respect to any provisions hereof or thereof, the recovery of any judgment against the
Company, any action to enforce the same or any other circumstance which might
otherwise constitute a legal or equitable discharge or defense of a Subsidiary
Guarantor.
	 
	 	(c)	 	The following is hereby waived: diligence presentment, demand of payment,
filing of claims with a court in the event of insolvency or bankruptcy of the Company,
any right to require a proceeding first against the Company, protest, notice and all
demands whatsoever.
	 
	 	(d)	 	This Subsidiary Guarantee shall not be discharged except by complete
performance of the obligations contained in the Notes and the Indenture.
	 
	 	(e)	 	If any Holder or the Trustee is required by any court or otherwise to return
to the Company, the Subsidiary Guarantors, or any custodian, Trustee, liquidator or
other similar official acting in relation to either the Company or the Subsidiary
Guarantors, any amount paid by either to the Trustee or such Holder, this Subsidiary
Guarantee, to the extent theretofore discharged, shall be reinstated in full force and
effect.
	 
	 	(f)	 	The Guaranteeing Subsidiaries shall not be entitled to any right of
subrogation in relation to the Holders in respect of any obligations guaranteed hereby
until payment in full of all obligations guaranteed hereby.
	 
	 	(g)	 	As between the Subsidiary Guarantors, on the one hand, and the Holders and
the Trustee, on the other hand, (x) the maturity of the obligations guaranteed hereby
may be accelerated as provided in Article 6 of the Tenth Supplemental Indenture for
the purposes of this Subsidiary Guarantee, notwithstanding any stay, injunction or
other prohibition preventing such acceleration in respect of the

2

 

	 		 	obligations guaranteed hereby, and (y) in the event of any declaration of
acceleration of such obligations as provided in Article 6 of the Tenth Supplemental
Indenture, such obligations (whether or not due and payable) shall forthwith become
due and payable by the Subsidiary Guarantors for the purpose of this Subsidiary
Guarantee.
	 
	 	(h)	 	The Subsidiary Guarantors shall have the right to seek contribution from any
non-paying Subsidiary Guarantor so long as the exercise of such right does not impair
the rights of the Holders under the Subsidiary Guarantee.
	 
	 	(i)	 	Pursuant to Section 9.04 of the Tenth Supplemental Indenture, after giving
effect to any maximum amount and any other contingent and fixed liabilities that are
relevant under any applicable Bankruptcy or fraudulent conveyance laws, and after
giving effect to any collections from, rights to receive contribution from or payments
made by or on behalf of any other Subsidiary Guarantor in respect of the obligations
of such other Subsidiary Guarantor under Article 9 of the Tenth Supplemental Indenture
shall result in the obligations of such Subsidiary Guarantor under its Subsidiary
Guarantee not constituting a fraudulent transfer or conveyance.

          3. Execution and Delivery. The Guaranteeing Subsidiaries agrees that the Subsidiary
Guarantees shall remain in full force and effect notwithstanding any failure to endorse on each
Note a notation of such Subsidiary Guarantee.

          4. Guaranteeing Subsidiaries May Consolidate, Etc. on Certain Terms.

	 	(a)	 	The Guaranteeing Subsidiaries may not consolidate with or merge with or into
(whether or not such Subsidiary Guarantor is the surviving Person) another
corporation, Person or entity whether or not affiliated with such Subsidiary Guarantor
unless:

	 	(i)	 	subject to Section 9.04 of the Tenth Supplemental Indenture,
the Person formed by or surviving any such consolidation or merger (if other
than a Subsidiary Guarantor or the Company) unconditionally assumes all the
obligations of such Subsidiary Guarantor, pursuant to a supplemental Indenture
in form and substance reasonably satisfactory to the Trustee, under the Notes,
the Indenture and the Subsidiary Guarantee on the terms set forth herein or
therein; and
	 
	 	(ii)	 	immediately after giving effect to such transaction, no
Default or Event of Default exists.

	 	(b)	 	In case of any such consolidation, merger, sale or conveyance and upon the
assumption by the successor corporation, by supplemental Indenture, executed and
delivered to the Trustee and satisfactory in form to the Trustee, of the Subsidiary
Guarantee endorsed upon the Notes and the due and punctual performance of all of the
covenants and conditions of the Indenture to be performed by the Subsidiary Guarantor,
such successor corporation shall succeed to and be substituted for the Subsidiary
Guarantor with the same effect as if it had been named herein as a Subsidiary
Guarantor. Such successor corporation thereupon may cause to be signed any or all of
the Subsidiary Guarantees to be

3

 

	 	 	 	endorsed upon all of the Notes issuable hereunder which theretofore shall not have
been signed by the Company and delivered to the Trustee. All the Subsidiary
Guarantees so issued shall in all respects have the same legal rank and benefit
under the Indenture as the Subsidiary Guarantees theretofore and thereafter issued
in accordance with the terms of the Indenture as though all of such Subsidiary
Guarantees had been issued at the date of the execution hereof.
	 
	 	(c)	 	Except as set forth in Articles 4 and 5 of the Tenth Supplemental Indenture,
and notwithstanding clauses (a) and (b) above, nothing contained in the Indenture or
in any of the Notes shall prevent any consolidation or merger of a Subsidiary
Guarantor with or into the Company or another Subsidiary Guarantor, or shall prevent
any sale or conveyance of the property of a Subsidiary Guarantor as an entirety or
substantially as an entirety to the Company or another Subsidiary Guarantor.

          5. Releases.

	 	(a)	 	In the event of (i) the release or discharge of the Guarantee of the Credit
Agreement by a Subsidiary Guarantor, except a discharge or release by or as a result
of payment under such Guarantee or (ii) a sale or other disposition by way of such a
merger, consolidation or otherwise, of all of the capital stock of any Subsidiary
Guarantor, then such Subsidiary Guarantor (in the event of a sale or other disposition
of all of the capital stock of such Subsidiary Guarantor) will be released and
relieved of any obligations under its Subsidiary Guarantee.
	 
	 	(b)	 	Any Subsidiary Guarantor not released from its obligations under its
Subsidiary Guarantee shall remain liable for the full amount of principal of and
interest on the Notes and for the other obligations of any Subsidiary Guarantor under
the Indenture as provided in Article 9 of the Tenth Supplemental Indenture.

          6. No Recourse Against Others. No past, present or future director, officer, employee,
incorporator, stockholder or agent of the Guaranteeing Subsidiaries, as such, shall have any
liability for any obligations of the Company or any Guaranteeing Subsidiaries under the Notes, any
Subsidiary Guarantees, the Indenture or this Supplemental Indenture or for any claim based on, in
respect of, or by reason of, such obligations or their creation. Each Holder of the Notes by
accepting a Note waives and releases all such liability. The waiver and release are part of the
consideration for issuance of the Notes. Such waiver may not be effective to waive liabilities
under the federal securities laws and it is the view of the Commission that such a waiver is
against public policy.

          7. NEW YORK LAW TO GOVERN. THE LAW OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO
CONSTRUE THIS SUPPLEMENTAL INDENTURE.

          8. Counterparts. The parties may sign any number of copies of this Supplemental Indenture.
Each signed copy shall be an original, but all of them together represent the same agreement.

          9. Effect of Headings. The Section headings herein are for convenience only and shall not
affect the construction hereof.

4

 

          10. The Trustee. The Trustee shall not be responsible in any manner whatsoever for or in
respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the
recitals contained herein, all of which recitals are made solely by the Guaranteeing Subsidiaries
and the Company.

[Signature page follows]

5

 

	 	 	 	 	 	 	 	 	 
	PEABODY ENERGY CORPORATION

ASSOCIATION	 	 	 	US BANK NATIONAL
	(“COMPANY”)	 	 	 	(“TRUSTEE”)
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Walter L. Hawkins, Jr.
	 	 	 	By:
	 	/s/ Philip G. Kane, Jr.
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	Walter L. Hawkins, Jr.
	 	 	 	Name:
	 	Philip G. Kane, Jr.
	Title:

	 	Senior Vice President & Treasurer
	 	 	 	Title:
	 	Vice President

6

 

Existing Subsidiary Guarantors:

American Land Development, LLC

American Land Holdings of Illinois, LLC

American Land Holdings of Indiana, LLC

American Land Holdings of Kentucky, LLC

American Land Holdings of West Virginia, LLC

Arclar Company, LLC

Arid Operations Inc.

Big Ridge, Inc.

Big Sky Coal Company

Black Beauty Coal Company, LLC

Black Hills Mining Company, LLC

BTU Empire Company, LLC

      f/k/a BTU Empire Corporation

BTU Western Resources, Inc.

Caballo Coal Company

Caseyville Dock Company, LLC

Central States Coal Reserves of Illinois, LLC

Central States Coal Reserves of Indiana, LLC

Century Mineral Resources, Inc.

COALSALES, LLC

COALSALES II, LLC

COALTRADE International, LLC

COALTRADE, LLC

Coal Reserves Holding Limited Liability Company No. 1

Colorado Yampa Coal Company

Conservancy Resources, LLC

Cottonwood Land Company

Coulterville Coal Company, LLC

Cyprus Creek Land Company

Cyprus Creek Land Resources, LLC

Dyson Creek Coal Company, LLC

Dyson Creek Mining Company, LLC

El Segundo Coal Company, LLC

Falcon Coal Company, LLC

Gallo Finance Company

Gold Fields Chile, LLC

Gold Fields Mining, LLC

Gold Fields Ortiz, LLC

Hayden Gulch Terminal, Inc.

Highwall Mining Services Company

Hillside Recreational Lands, LLC

HMC Mining, LLC

Illinois Land Holdings, LLC

Independence Material Handling, LLC

James River Coal Terminal, LLC

Juniper Coal Company

Kayenta Mobile Home Park, Inc.

Kentucky Syngas, LLC

Lively Grove Energy Partners, LLC

7

 

Marigold Electricity, LLC

Marigold Energy, LLC

Midco Supply and Equipment Corporation

Midwest Coal Acquisition Corp.

Midwest Coal Reserves of Illinois, LLC

Midwest Coal Reserves of Indiana, LLC

Mustang Energy Company, L.L.C.

New Mexico Coal Resources, LLC

New Mexico Employment Resources, LLC

Peabody America, Inc.

Peabody Archveyor, L.L.C.

Peabody Cardinal Gasification, LLC

Peabody Colorado Operations, LLC

      f/k/a Colorado Coal Resources, LLC

Peabody Development Company, LLC

Peabody Electricity, LLC

Peabody Energy Generation Holding Company

Peabody Energy Investments, Inc.

Peabody Energy Solutions, Inc.

Peabody Holding Company, LLC

Peabody International Investments, Inc.

Peabody International Services, Inc.

Peabody Investments Corp.

Peabody Midwest Operations, LLC

      f/k/a Midwest Coal Resources, LLC

Peabody Natural Gas, LLC

Peabody Natural Resources Company

Peabody Powder River Operations, LLC

      f/k/a Powder River Resources, LLC

Peabody Powertree Investments, LLC

Peabody Recreational Lands, L.L.C.

Peabody Rocky Mountain Services, LLC

      f/k/a Williams Fork Coal Resources, LLC

Peabody Southwest, LLC

Peabody Southwestern Coal Company

Peabody Terminal Holdings Company, Inc.

Peabody Terminals, LLC

Peabody Venezuela Coal Corp.

Peabody Venture Fund, LLC

Peabody-Waterside Development, L.L.C.

Peabody Western Coal Company

PEC Equipment Company, LLC

Point Pleasant Dock Company, LLC

Pond River Land Company

Porcupine Production, LLC

Porcupine Transportation, LLC

Powder River Coal, LLC

Randolph Land Resources, LLC

Randolph Land Holding Company, LLC

Riverview Terminal Company

Sage Creek Holdings, LLC

8

 

School Creek Coal Company, LLC

School Creek Coal Resources, LLC

Seneca Coal Company

Shoshone Coal Corporation

Star Lake Energy Company, L.L.C.

Sugar Camp Properties, LLC

Thoroughbred Generating Company, LLC

Thoroughbred Mining Company, L.L.C.

Twentymile Coal Company

West Roundup Resources, Inc.

Williams Fork Coal Company, LLC

Wyoming Natural Gas, LLC

	 	 	 	 	 
	By: 

Name:

	 	/s/ Walter L. Hawkins, Jr.
 

Walter L. Hawkins, Jr.
	 	 
	Title:

	 	Senior Vice President and Treasurer	 	 

Additional Guarantors:

American Land Holdings of Colorado, LLC

Bear Run Coal Company, LLC

Elkland Holdings, LLC

Peabody Bear Run Services, LLC

Peabody Colorado Services, LLC

Peabody Employment Services, LLC

Peabody Gateway Services, LLC

Peabody Illinois Services, LLC

Peabody Indiana Services, LLC

Peabody Midwest Management Services, LLC

Peabody Midwest Services, LLC

Peabody Operations Holding, LLC

Peabody Powder River Management Services, LLC

Peabody Powder River Services, LLC

Peabody Rocky Mountain Management Services, LLC

Peabody Services Holding, LLC

Peabody Wild Boar Services, LLC

Peabody Wyoming Services, LLC

Sage Creek Coal Company, LLC

Vigo Employment Resources, LLC

Wild Boar Coal Company, LLC

	 	 	 	 	 
	By: 

Name:

	 	/s/ Walter L. Hawkins, Jr.
 

Walter L. Hawkins, Jr.
	 	 
	Title:

	 	Senior Vice President and Treasurer	 	 

9

 

SCHEDULE I

New Guaranteeing Subsidiaries:

American Land Holdings of Colorado, LLC, a Delaware limited liability company,

Bear Run Coal Company, LLC, a Delaware limited liability company,

Elkland Holdings, LLC, a Delaware limited liability company,

Peabody Bear Run Services, LLC, a Delaware limited liability company,

Peabody Colorado Services, LLC, a Delaware limited liability company,

Peabody Employment Services, LLC, a Delaware limited liability company,

Peabody Gateway Services, LLC, a Delaware limited liability company,

Peabody Illinois Services, LLC, a Delaware limited liability company,

Peabody Indiana Services, LLC, a Delaware limited liability company,

Peabody Midwest Management Services, LLC, a Delaware limited liability company,

Peabody Midwest Services, LLC, a Delaware limited liability company,

Peabody Operations Holding, LLC, a Delaware limited liability company,

Peabody Powder River Management Services, LLC, a Delaware limited liability company,

Peabody Powder River Services, LLC, a Delaware limited liability company,

Peabody Rocky Mountain Management Services, LLC, a Delaware limited liability company,

Peabody Services Holding, LLC, a Delaware limited liability company,

Peabody Wild Boar Services, LLC, a Delaware limited liability company,

Peabody Wyoming Services, LLC, a Delaware limited liability company,

Sage Creek Coal Company, LLC, a Delaware limited liability company,

Vigo Employment Resources, LLC, a Delaware limited liability company, and

Wild Boar Coal Company, LLC, a Delaware limited liability company

10

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00158-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00158-of-00352.parquet"}]]