Document:

exv10w7

Exhibit 10.7

Execution
Version

Administrative Services Agreement

     THIS ADMINISTRATIVE SERVICES AGREEMENT (this “Agreement”) by and between ENERGY
CORPORATION OF AMERICA, a West Virginia corporation, with offices at 4643 South Ulster Street,
Suite 100, Denver, Colorado 80237-2867 (“Company”), and The Bank of New York Mellon Trust
Company, N.A., a national banking association organized under the laws of the State of New York,
with offices at 919 Congress Avenue, Suite 500, Austin, Texas 78701, as trustee (the
“Trustee”), acting not in its individual capacity but solely as trustee of ECA Marcellus
Trust I, a statutory trust formed under the laws of the State of Delaware (the “Trust”)
under that certain Amended and Restated Trust Agreement dated as of July 7, 2010, (as the same may
be amended from time to time, the “Trust Agreement”) is delivered to be effective as of
7:00 a.m., Eastern Time, July 7, 2010 (the “Effective Time”). All capitalized terms not
otherwise defined herein shall have the meanings ascribed to such terms in Article I below.

     WHEREAS, pursuant to each of a Term Overriding Royalty Interest Conveyance (PDP), a Term
Overriding Royalty Interest Conveyance (PUD), a Perpetual Overriding Royalty Interest Conveyance
(PDP), a Perpetual Overriding Royalty Interest Conveyance (PUD), an Assignment and Conveyance, and
an Assignment of Royalty Interest each dated as of July 7, 2010 (the “Conveyances”), the
Company and certain private investors, as applicable, have conveyed to the Trustee or Eastern
Marketing Corporation (the “Company Subsidiary”), as applicable, royalty interests in
certain oil and gas properties located in Greene County, Pennsylvania (the “Royalty
Interests”);

     WHEREAS, the Company Subsidiary has assigned its Royalty Interests to the Trustee, and
consequently the Trustee, on behalf of the Trust, holds all of the Royalty Interests described
above; and

     WHEREAS, in connection with the Conveyances, the Company has agreed to provide certain
administrative services for the Trust in exchange for an administrative services fee as described
herein.

     NOW, THEREFORE, in consideration of the premises and the covenants hereinafter contained and
for other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, and intended to be legally bound hereby, it is agreed as follows:

ARTICLE I

DEFINITIONS

     Section 1.01 Definitions. As used in this Agreement, the following terms have the
respective meanings set forth below or set forth in the Sections referred to below:

     “AAA” has the meaning set forth in Section 2.06.

     “Administrative Services Fee” has the meaning set forth in Section 3.01.

     “Affiliate” means, for any specified Person, another Person that controls, is controlled by,
or is under common control with, the specified Person. “Control,” in the preceding
sentence,

 

refers to the possession by one Person, directly or indirectly, of the right or power to
direct or cause the direction of the management and policies of another Person, whether through the
ownership of voting securities, by contract or otherwise.

     “Agreement” has the meaning set forth in the introductory paragraph.

     “Business Day” means any day that is not a Saturday, Sunday, a holiday determined by the New
York Stock Exchange, Inc. as “affecting ‘ex’ dates” or any other day on which national banking
institutions in New York, New York, Denver, Colorado or Austin, Texas are closed as authorized or
required by law.

     “Claimant” has the meaning set forth in Section 2.06.

     “Company” has the meaning set forth in the introductory paragraph.

     “Company Subsidiary” has the meaning set forth in the recitals.

     “Conveyances” has the meaning set forth in the recitals.

     “Development Agreement” means that certain Development Agreement of even date herewith between
the Company and the Trustee, as the same may be amended from time to time.

     “External Expenses” means the actual out-of-pocket fees, costs and expenses incurred by the
Company in connection with the provision of the Services.

     “Force Majeure” shall mean any cause beyond the reasonable control of the Company, including
the following causes: acts of God, strikes, lockouts, acts of the public enemy, wars or warlike
action (whether actual or impending), arrests and other restraints of government (civil or
military), blockades, embargoes, insurrections, riots, epidemics, landslides, lightning,
earthquakes, fires, sabotage, tornadoes, named tropical storms and hurricanes, and floods, civil
disturbances, terrorism, mechanical breakdown of machinery or equipment, explosions, confiscation
or seizure by any government or other public authority, any order of any court of competent
jurisdiction, regulatory agency or governmental body having jurisdiction.

     “Person” means any natural person, corporation, partnership, trust, estate, or other entity,
organization, or association.

     “Respondent” has the meaning set forth in Section 2.06.

     “Royalty Interests” has the meaning set forth in the recitals.

     “Rules” has the meaning set forth in Section 2.06.

     “Services” has the meaning set forth in Section 2.01.

     “Special Provision” has the meaning set forth in Section 2.06.

     “Termination Date” has the meaning set forth in Section 5.01.

2

 

     “Trust” has the meaning set forth in the introductory paragraph.

     “Trust Agreement” has the meaning set forth in the introductory paragraph.

     “Trustee” has the meaning set forth in the introductory paragraph.

     Section 1.02 Construction. Unless the context requires otherwise: (a) any pronoun
used in this Agreement shall include the corresponding masculine, feminine or neuter forms, and the
singular form of nouns, pronouns and verbs shall include the plural and vice versa; (b) references
to Articles and Sections refer to Articles and Sections of this Agreement; (c) the terms “include,”
“includes,” “including” or words of like import shall be deemed to be followed by the words
“without limitation;” and (d) the terms “hereof,” “herein” or “hereunder” refer to this Agreement
as a whole and not to any particular provision of this Agreement. The headings contained in this
Agreement are for reference purposes only, and shall not affect in any way the meaning or
interpretation of this Agreement.

ARTICLE II

SERVICES

     Section 2.01 Services. Subject to the terms of this Agreement and in exchange for the
payments described in Section 3.01, the Company hereby agrees to provide the Trust with
such services as are necessary to fulfill the purposes of the Trust as set forth in the Trust
Agreement and such other administrative services of similar character and scope to the foregoing
that the Trustee may reasonably request the Company to provide during the term of this Agreement,
including, without limitation, such accounting, bookkeeping and informational services as may be
necessary for the preparation of reports the Trust is or may be required to prepare and/or file in
accordance with applicable tax and securities laws, exchange listing rules, and other requirements,
including reserve reports, tax returns and K-1s (all of the foregoing being herein called the
“Services”).

     Section 2.02 Performance of Services by Others. The parties hereby agree that in
discharging the Company’s obligations under this Agreement, the Company may, in its sole
discretion, engage any other Person, including its Affiliates, to perform the Services (or any part
of the Services) on its behalf and that, subject to the Company’s right to reimbursement for
external expenses, the performance of the Services (or any part of the Services) by any such Person
shall be treated as if the Company performed such Services itself. Notwithstanding the foregoing,
nothing contained herein shall relieve the Company of its obligations hereunder.

     Section 2.03 Intellectual Property. Any (i) inventions, whether patentable or not,
developed or invented, or (ii) copyrightable material (and the intangible rights of copyright
therein) developed, in each case by the Company, its Affiliates or its or their employees in
connection with the performance of the Services shall be the property of the Company; provided,
however, that the Trust shall be granted an irrevocable, royalty-free, non-exclusive and
non-transferable right and license to use such inventions or material; and provided further,
however, that the Trust shall only be granted such a right and license to the extent such grant
does not conflict with, or result in a breach, default, or violation of a right or license to use
such inventions or material granted to the Company by any Person other than an Affiliate of the

3

 

Company. Notwithstanding the foregoing, the Company will use all commercially reasonable efforts
to grant such right and license to the Trust.

     Section 2.04 Independent Status. It is expressly acknowledged by the parties hereto
that each party is an “independent contractor” and nothing in this Agreement is intended nor shall
be construed to create an employer/employee relationship, or a joint venture or partnership
relationship, or to allow any party to exercise control or direction over the other party. Except
as required in connection with the performance of the Services, neither the Company nor any agent,
employee, servant, contractor or subcontractor of the Company or any of its Affiliates shall have
the authority to bind the Trust to any contract or arrangement. Neither the Trust nor the Trustee
shall be liable for the salary, wages or benefits, including workers’ compensation insurance and
unemployment insurance, of any employee, agent, servant, contractor or subcontractor of the Company
or its Affiliates by virtue of this Agreement.

     Section 2.05 Warranties; Limitation of Liability. The Company will use commercially
reasonable efforts to provide the Services in a good and workmanlike manner in accordance with the
sound and prudent practices of providers of similar services. EXCEPT AS SET FORTH IN THE PRECEDING
SENTENCE, THE COMPANY MAKES NO (AND HEREBY DISCLAIMS AND NEGATES ANY AND ALL) WARRANTIES OR
REPRESENTATIONS WHATSOEVER, EXPRESS OR IMPLIED, WITH RESPECT TO THE SERVICES. IN NO EVENT WILL THE
COMPANY OR ANY OF ITS AFFILIATES BE LIABLE TO ANY OF THE PERSONS RECEIVING ANY SERVICES OR TO ANY
OTHER PERSON FOR ANY EXEMPLARY, PUNITIVE, DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL OR SPECIAL
DAMAGES RESULTING FROM ANY ERROR IN THE PERFORMANCE OF SUCH SERVICES, REGARDLESS OF WHETHER THE
PERSON PROVIDING SUCH SERVICES, ITS AFFILIATES OR OTHERS MAY BE WHOLLY, CONCURRENTLY, PARTIALLY OR
SOLELY NEGLIGENT OR OTHERWISE AT FAULT, EXCEPT TO THE EXTENT SUCH EXEMPLARY, PUNITIVE, DIRECT,
INDIRECT, INCIDENTAL, CONSEQUENTIAL OR SPECIAL DAMAGES ARE PAID BY THE PARTY INCURRING SUCH DAMAGES
TO A PERSON THAT IS NOT A PARTY TO THIS AGREEMENT. THE PROVISIONS OF THIS SECTION 2.05
WILL SURVIVE TERMINATION OF THIS AGREEMENT.

     Section 2.06 Disputes. ANY DISPUTE, CONTROVERSY OR CLAIM THAT MAY ARISE BETWEEN OR
AMONG THE COMPANY (ON THE ONE HAND) AND THE TRUST OR THE TRUSTEE (ON THE OTHER HAND) IN CONNECTION
WITH OR OTHERWISE RELATING TO THIS AGREEMENT, THE NATURE OR QUALITY OF THE SERVICES OR THE
CALCULATION OR ALLOCATION OF THE ADMINISTRATIVE SERVICES FEE OR EXTERNAL EXPENSES, THE APPLICATION, IMPLEMENTATION, VALIDITY OR BREACH OF THIS
AGREEMENT, SHALL BE FINALLY, CONCLUSIVELY AND EXCLUSIVELY SETTLED BY BINDING ARBITRATION IN
CHARLESTON, WEST VIRGINIA IN ACCORDANCE WITH THE COMMERCIAL ARBITRATION RULES (THE “RULES”)
OF THE AMERICAN ARBITRATION ASSOCIATION OR ANY SUCCESSOR THERETO (“AAA”) THEN IN EFFECT.
THE COMPANY AND THE TRUSTEE (AND ON BEHALF OF THE TRUST) HEREBY EXPRESSLY WAIVE THEIR RIGHT TO SEEK
REMEDIES IN COURT, INCLUDING, WITHOUT LIMITATION, THE RIGHT TO TRIAL BY JURY, WITH RESPECT TO ANY

4

 

MATTER SUBJECT TO ARBITRATION PURSUANT TO THIS SECTION 2.06. THE COMPANY AND TRUSTEE MAY
BRING AN ACTION, INCLUDING, WITHOUT LIMITATION, A SUMMARY OR EXPEDITED PROCEEDING, IN ANY COURT
HAVING JURISDICTION, TO COMPEL ARBITRATION OF ANY DISPUTE, CONTROVERSY OR CLAIM TO WHICH THIS
SECTION 2.06 APPLIES. EXCEPT WITH RESPECT TO THE FOLLOWING PROVISIONS (THE “SPECIAL
PROVISIONS”) WHICH SHALL APPLY WITH RESPECT TO ANY ARBITRATION PURSUANT TO THIS SECTION
2.06, THE INITIATION AND CONDUCT OF ARBITRATION SHALL BE AS SET FORTH IN THE RULES, WHICH RULES
ARE INCORPORATED IN THIS AGREEMENT BY REFERENCE WITH THE SAME EFFECT AS IF THEY WERE SET FORTH IN
THIS AGREEMENT.

     (a) In the event of any inconsistency between the Rules and the Special Provisions, the
Special Provisions shall control. References in the Rules to a sole arbitrator shall be deemed to
refer to the tribunal of arbitrators provided for under subparagraph (c) below in this Section
2.06.

     (b) The arbitration shall be administered by AAA.

     (c) The arbitration shall be conducted by a tribunal of three arbitrators. Within ten days
after arbitration is initiated pursuant to the Rules, the initiating party or parties (the
“Claimant”) shall send written notice to the other party or parties (the
“Respondent”), with a copy to the East Providence, Rhode Island office of AAA, designating
the first arbitrator (who shall not be a representative or agent of any party but may or may not be
an AAA panel member and, in any case, shall be reasonably believed by the Claimant to possess the
requisite experience, education and expertise in respect of the matters to which the claim relates
to enable such person to completely perform arbitral duties). Within ten days after receipt of
such notice, the Respondent shall send written notice to the Claimant, with a copy to the East
Providence, Rhode Island office of AAA and to the first arbitrator, designating the second
arbitrator (who shall not be a representative or agent of any party, but may or may not be an AAA
panel member and, in any case, shall be reasonably believed by the Respondent to possess the
requisite experience, education and expertise in respect of the matters to which the claim relates
to enable such person to competently perform arbitral duties). Within ten days after such notice
from the Respondent is received by the Claimant, the Respondent and the Claimant shall cause their
respective designated arbitrators to select any mutually agreeable AAA panel member as the third
arbitrator. If the respective designated arbitrators of the Respondent and the Claimant cannot so
agree within said ten day period, then the third arbitrator will be determined pursuant
to the Rules. For purposes of this Section 2.06, the Company (on the one hand) and
the Trust and the Trustee (on the other hand) shall each be entitled to the selection of one
arbitrator. Prior to commencement of the arbitration proceeding, each arbitrator shall have
provided the parties with a resume outlining such arbitrator’s background and qualifications and
shall certify that such arbitrator is not a representative or agent of any of the parties. If any
arbitrator shall die, fail to act, resign, become disqualified or otherwise cease to act, then the
arbitration proceeding shall be delayed for fifteen days and the party by or on behalf of whom such
arbitrator was appointed shall be entitled to appoint a substitute arbitrator (meeting the
qualifications set forth in this Section 2.06) within such fifteen day period; provided,
however, that if the party by or on behalf of whom such arbitrator was appointed shall fail to
appoint a substitute arbitrator within

5

 

such fifteen day period, the substitute arbitrator shall be
a neutral arbitrator appointed by the AAA arbitrator within fifteen days thereafter.

     (d) All arbitration hearings shall be commenced within one hundred twenty days after
arbitration is initiated pursuant to the Rules, unless, upon a showing of good cause by a party to
the arbitration, the tribunal of arbitrators permits the extension of the commencement of such
hearing; provided, however, that any such extension shall not be longer than sixty days.

     (e) All claims presented for arbitration shall be particularly identified and the parties to
the arbitration shall each prepare a statement of their position with recommended courses of
action. These statements of position and recommended courses of action shall be submitted to the
tribunal of arbitrators chosen as provided hereinabove for binding decision. The tribunal of
arbitrators shall not be empowered to make decisions beyond the scope of the position papers.

     (f) The arbitration proceeding will be governed by the substantive laws of the State of
Delaware and will be conducted in accordance with such procedures as shall be fixed for such
purpose by the tribunal of arbitrators, except that (i) discovery in connection with any
arbitration proceeding shall be conducted in accordance with the Federal Rules of Civil Procedure
and applicable case law, (ii) the tribunal of arbitrators shall have the power to compel discovery
and (iii) unless the parties otherwise agree and except as may be provided in this Section
2.06, the arbitration shall be governed by the United States Arbitration Act, 9 U.S.C. §§ 1-16,
to the exclusion of any provision of state law or other applicable law or procedure inconsistent
therewith or which would produce a different result. The parties shall preserve their right to
assert and to avail themselves of the attorney-client and attorney-work-product privileges, and any
other privileges to which they may be entitled pursuant to applicable law. No party to the
arbitration or any arbitrator may compel or require mediation and/or settlement conferences without
the prior written consent of all such parties and the tribunal of arbitrators.

     (g) The tribunal of arbitrators shall make an arbitration award as soon as possible after the
later of the close of evidence or the submission of final briefs, and in all cases the award shall
be made not later than thirty days following submission of the matter. The finding and decision of
a majority of the arbitrators shall be final and shall be binding upon the parties. Judgment upon
the arbitration award or decision may be entered in any court having jurisdiction thereof or
application may be made to any such court for a judicial acceptance of the award and an order of
enforcement, as the case may be. The tribunal of arbitrators shall have the authority
to assess liability for pre-award and post-award interest on the claims, attorneys’ fees,
expert witness fees and all other expenses of arbitration as such arbitrators shall deem
appropriate based on the outcome of the claims arbitrated. Unless otherwise agreed by the parties
to the arbitration in writing, the arbitration award shall include findings of fact and conclusions
of law.

     (h) Nothing in this Section 2.06 shall be deemed to (i) limit the applicability of any
otherwise applicable statute of limitations or repose or any waivers contained in this Agreement,
(ii) constitute a waiver by any party hereto of the protections afforded by 12 U.S.C. § 91 or any
successor statute thereto or any substantially equivalent state law, (iii) restrict the right of
the Trustee to make application to any state or federal district court having jurisdiction in
Charleston, West Virginia, to appoint a successor Trustee or to request instructions with regard

6

 

to
any provision in this Agreement when the Trustee is unsure of its obligations thereunder, or (iv)
apply to the Delaware Trustee (as defined in the Trust Agreement).

The provisions of this Section 2.06 will survive termination of this Agreement.

ARTICLE III

ADMINISTRATIVE SERVICES FEE

     Section 3.01 Administrative Services Fee. The Trust shall pay to the Company an
annual administrative services fee of $60,000 (the “Administrative Services Fee”), which
shall be paid in immediately available funds and in equal quarterly installments, on or before the
25th day following each calendar quarter. In the event that this Agreement is
terminated during a calendar quarter pursuant to Section 5.01, the amount of the
Administrative Services Fee for such calendar quarter shall be based upon the pro rata portion of
the Administrative Services Fee that shall have accrued during such quarter up to and including the
Termination Date. In addition to the Administrative Services Fee, the Trust shall reimburse the
Company on or before the 25th day following each calendar quarter for all reasonable and
necessary External Expenses associated with the provision of Services in the preceding quarter as
set forth in a reasonably detailed invoice provided by the Company to the Trust on or before the
15th day following each calendar quarter.

     Section 3.02 Set-Off. In the event that the Company owes the Trust a sum certain in
an uncontested amount under any other agreement, then any such amounts may, in the sole discretion
of the Company, be aggregated and the Trust and the Company shall discharge their obligations by
netting those amounts against any amounts owed by the Trust to the Company under this Agreement.

ARTICLE IV

FORCE MAJEURE

     Section 4.01 Force Majeure. The Company’s obligation under this Agreement shall be
excused when and to the extent its performance of that obligation is prevented due to Force
Majeure. The Company shall promptly notify the Trustee that it is prevented from performing its
obligations by reason of Force Majeure and shall exercise due diligence to end its inability to
perform as promptly as practicable. Notwithstanding the foregoing, the Company shall not be
required to settle any strike, lockout or other labor dispute in which it or any of its Affiliates
may be involved.

ARTICLE V

MISCELLANEOUS

     Section 5.01 Term and Termination.

     (a) This Agreement shall become effective on the date of this Agreement and shall continue
until the date (the “Termination Date”) that is the earliest of:

               (i) June 30, 2030;

7

 

               (ii) the date that all of the Conveyances have been terminated or are no longer held by the
Trust;

               (iii) the date that either the Company or the Trustee may designate by delivering a written
notice no less than 90 days prior to such date, provided that the Company’s drilling obligations
under the Development Agreement shall have been completed by such date; provided further, however,
that the Company shall not terminate this Administrative Services Agreement except in connection
with the Company’s transfer of some or all of the Subject Interests, as defined in the Conveyances,
and then only with respect to the Services to be provided with respect to the Subject Interests
being transferred, and only upon the delivery to the Trustee of an agreement of the transferee of
such Subject Interests reasonably satisfactory to the Trustee in which such transferee assumes the
responsibility to perform the Services relating to the Subject Interests being transferred; and

               (iv) the date as mutually agreed by the parties to this Agreement.

     (b) Upon termination of this Agreement in accordance with this Section 5.01, all
rights and obligations under this Agreement shall cease except for (i) obligations that expressly
survive termination of this Agreement, (ii) liabilities and obligations that have accrued prior to
the Termination Date, including the obligation to pay any amounts that have become due and payable
prior to such Termination Date, and (iii) the obligation to pay any portion of the Administrative
Services Fee that has accrued prior to such Termination Date, even if such portion has not become
due and payable at the time of termination.

     Section 5.02 Notice. All notices and other communications provided for or permitted
hereunder shall be made in writing by hand delivery, by facsimile, by courier guaranteeing
overnight delivery or by first-class mail, return receipt requested, and shall be deemed given (i)
when made, if made by hand delivery, (ii) upon confirmation, if made by facsimile, (iii) one (1)
Business Day after being deposited with such courier, if made by overnight courier or (iv) on the
date indicated on the notice of receipt, if made by first-class mail, to the parties as follows:

	 	 	 

	 

	(a) 	if to the Trust or the Trustee, to:
	 
	 	 
	 

	 	ECA Marcellus Trust I
	 

	 	c/o The Bank of New York Mellon Trust Company, N.A.
	 

	 	Institutional Trust Services
	 

	 	919 Congress Avenue, Suite 500
	 

	 	Austin, Texas 78701
	 

	 	Attention: Mike J. Ulrich
	 

	 	Facsimile No.: (512) 479-2253
	 
	 	 
	 

	 	With a copy to:
	 
	 	 
	 

	 	Bracewell & Giuliani LLP
	 

	 	111 Congress Avenue
	 

	 	Suite 2300
	 

	 	Austin, Texas 78701
	 

	 	Attention: Thomas W. Adkins

8

 

	 	 	 

	 

	 	Facsimile No.: (512) 479-3940
	 
	 	 
	 

	(b)	if to the Company, to:
	 
	 	 
	 

	 	Energy Corporation of America
	 

	 	4643 South Ulster Street
	 

	 	Suite 1100
	 

	 	Denver, Colorado 80237
	 

	 	Attention: Michael S. Fletcher
	 

	 	Facsimile No.: (303) 694-2763
	 
	 	 
	 

	 	With a copy to:
	 
	 	 
	 

	 	501 56th Street
	 

	 	Charleston, West Virginia 25304
	 

	 	Attention: Donald C. Supcoe
	 

	 	Facsimile No.: (304) 925-3285
	 
	 	 
	 

	 	With a copy to:
	 
	 	 
	 

	 	Vinson & Elkins L.L.P.
	 

	 	1001 Fannin Street, Suite 3500
	 

	 	Houston, Texas 77002
	 

	 	Attention: David P. Oelman
	 

	 	Facsimile No. (713) 615-5861

     or to such other address as such Person may have furnished to the other Persons identified in
this Section 5.02 in writing in accordance herewith.

     Section 5.03 Entire Agreement; Supersedure. This Agreement constitutes the entire
agreement of the parties relating to the matters contained herein, superseding all prior contracts
or agreements, whether written or oral, relating to the matters contained herein.

     Section 5.04 Effect of Waiver or Consent. Except as otherwise provided in this
Agreement, a waiver or consent, express or implied, to or of any breach or default by any party in
the performance by that party of its obligations under this Agreement is not a consent or waiver to
or of any other breach or default in the performance by that party of the same or any other
obligations of that party under this Agreement.

     Section 5.05 Amendment or Modification. This Agreement may be amended or modified
from time to time only by a written instrument executed by each of the parties to this Agreement.

     Section 5.06 Assignment. Except as provided in Section 2.02, and except for
any transfer of the rights of the Trustee hereunder to a successor trustee of the Trust, no party
to this Agreement shall have the right to assign its rights or obligations under this Agreement
without the consent of the other party to this Agreement.

9

 

     Section 5.07 Counterparts. This Agreement may be executed in any number of
counterparts with the same effect as if all parties to this Agreement had signed the same document.
All counterparts shall be construed together and shall constitute one and the same instrument.

     Section 5.08 Severability. If any provision of this Agreement or the application
thereof to any party to this Agreement or circumstance shall be held invalid or unenforceable to
any extent, the remainder of this Agreement and the application of such provision to the other
party to this Agreement or circumstances shall not be affected thereby and shall be enforced to the
greatest extent permitted by law.

     Section 5.09 Further Assurances. In connection with this Agreement and all
transactions contemplated by this Agreement, each party hereto agrees to execute and deliver such
additional documents and instruments and to perform such additional acts as may be necessary or
appropriate to effectuate, carry out and perform all of the terms, provisions and conditions of
this Agreement and all such transactions.

     Section 5.10 Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE, WITHOUT GIVING EFFECT TO ANY CHOICE OR CONFLICT
OF LAW PRINCIPLES THAT WOULD CAUSE THE APPLICATION OF THE LAWS OF ANY OTHER JURISDICTION.

10

 

     IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written
above.

	 	 	 	 	 
	 	ENERGY CORPORATION OF AMERICA

 	 
	 	By:  	/s/ Donald C. Supcoe 	 
	 	 	Name:  	Donald C. Supcoe 	 
	 	 	Title:  	Senior Vice President 	 
	 

Signature Page to

Administrative Services Agreement

(ECA Marcellus Trust I)

 

	 	 	 	 	 
	 	ECA MARCELLUS TRUST I

 	 
	 	By:  	The Bank of New York Mellon Trust Company, N.A.
 	 
	 	 	 	 
	 	By:  	/s/ Michael J. Ulrich
 	 
	 	 	Name:  	Michael J. Ulrich 	 
	 	 	Title:  	Authorized Signatory 	 

Signature Page to

Administrative Services Agreement

(ECA Marcellus Trust I)exv10w8

Exhibit 10.8

Execution
Version

DEVELOPMENT AGREEMENT

INTRODUCTION

     THIS DEVELOPMENT AGREEMENT (this “Development Agreement”) by and between ENERGY
CORPORATION OF AMERICA, a West Virginia corporation, with offices at 4643 South Ulster Street,
Suite 1100, Denver, Colorado 80237-2867 (“Assignor”), and The Bank of New York Mellon
Trust Company, N.A., a national banking association organized under the laws of the State of New
York, with offices at 919 Congress Avenue, Suite 500, Austin, Texas 78701, as trustee (the
“Trustee”), acting not in its individual capacity but solely as trustee of the ECA
Marcellus Trust I, a statutory trust formed under the laws of the State of Delaware (the
“Trust”) under that certain Amended and Restated Trust Agreement dated as of July 7, 2010
(as the same may be amended from time to time, the “Trust Agreement”) is delivered to be
effective as of 7:00 a.m., Eastern Time, July 7 2010 (the “Effective Time”). All
capitalized terms not otherwise defined herein shall have the meanings ascribed to such terms in
Article I below.

     WHEREAS, Assignor and Eastern Marketing Corporation, a wholly-owned subsidiary of Assignor
(“Eastern Marketing Corporation”) have entered into that certain Term Overriding Royalty
Interest Conveyance (PUD) dated effective as of July 7, 2010 (“Term Conveyance”). Assignor
and the Trustee have entered into that certain Perpetual Overriding Royalty Interest Conveyance
(PUD) dated effective as of July 7, 2010 (“Perpetual Conveyance” and together with the Term
Conveyance collectively the “Conveyances”). Eastern Marketing Corporation has assigned the
Term Conveyance to the Trustee; and

     WHEREAS, in connection with the Conveyances, Assignor has agreed to undertake certain
obligations during the Term with respect to the Subject Interests and the Development Wells.

     NOW, THEREFORE, in consideration of the premises and the covenants hereinafter contained and
for other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, and intended to be legally bound hereby, it is agreed as follows:

ARTICLE I

DEFINITIONS

     This Article I defines certain capitalized words, terms, and phrases used in this
Development Agreement. Certain other capitalized words, terms, and phrases used in this
Development Agreement are defined elsewhere in this Development Agreement.

     “Additional Lease” is defined in each of the Conveyances, as applicable.

     “Adjusted Development Well Amount” means the amount, for each Development Well drilled
or caused to be drilled by Assignor during the Term, equal to the result of:

     (a) one (1), multiplied by

1

 

     (b) the Working Interest (stated as a decimal fraction or 1.00, where Assignor holds a 100%
Working Interest) that Assignor is required to bear in such Development Well, multiplied by

     (c) the Adjusted Horizontal Well Factor.

     For example, if Assignor holds an eighty-five percent (85%) Working Interest in a Development
Well and the Adjusted Horizontal Well Factor is 1, the computation would be:

1 x .85 x 1 = .85

therefore, such Development Well would have a .85 Adjusted Development Well Amount.

     If Assignor holds an eighty-five percent (85%) Working Interest in a Development Well and the
Adjusted Horizontal Well Factor is 0.8, then the computation would be:

1 x .85 x 0.8 = .68

in which case such Development Well would have a .68 Adjusted Development Well Amount.

     “Adjusted Horizontal Well Factor” means the amount, with respect to each Development
Well drilled or caused to be drilled horizontally to the Target Formation by Assignor during the
Term, obtained by dividing its Horizontal Lateral Distance by 2,500 feet.

     For examples, if the Horizontal Lateral Distance of a Development Well is 2,000 feet, the
computation would be:

2,000 / 2,500 = 0.8

therefore, such Development Well would have a 0.8 Adjusted Horizontal Well Factor.

     If the Horizontal Lateral Distance of a Development Well is 3,000 feet, then the computation
would be:

3,000 / 2,500 = 1.2

in which case such Development Well would have a 1.2 Adjusted Horizontal Well Factor.

     With respect to any Development Well, the maximum Horizontal Lateral Distance taken into
account for purposes of determining the Adjusted Horizontal Well Factor for such Development Well
shall be 3,500 feet. In the event that Assignor commences the drilling of a Development Well, but
fails to drill beyond the midpoint of the curve, such Development Well will have an Adjusted
Horizontal Well Factor of zero (0).

     “Affiliate” means, for any specified Person, another Person that controls, is
controlled by, or is under common control with, the specified Person. “Control,” in the
preceding sentence, refers to the possession by one Person, directly or indirectly, of the right or
power to direct or cause the direction of the management and policies of another Person, whether
through the ownership of voting securities, by contract or otherwise.

2

 

     “AMI Area” means that area depicted on the map set forth on Exhibit B as the
AMI Area.

     “Assignor” is defined in the Introduction to this Development Agreement and also
includes all permitted successors and assigns of Assignor.

     “Assignor’s Net Share of Gas” means the share of Subject Gas from each Development
Well that is attributable to Assignor’s Net Revenue Interest in that Development Well.

     “Conveyances” is defined in the introductory paragraph of this Development Agreement.

     “Development Well” means any Gas well spudded after March 23, 2010 that is located on
the Subject Development Lands.

     “Development Agreement” is defined in the introductory paragraph of this Development
Agreement.

     “Drilling Support Lien” is defined in Section 2.08(b).

     “Drilling Obligation Completion Date” means the date that is the earlier of the date
that the Total Drilling Target has been reached or March 31, 2013, as such date may be extended
pursuant to Section 2.01(c); provided, however, that Assignor has delivered to the Trustee
(a) a certificate executed by the President or any Vice President of Assignor certifying that
Assignor’s drilling obligation was satisfied as of such date and (b) such other documentation as
the Trustee may reasonably request to establish satisfaction of Assignor’s drilling obligation
hereunder.

     “Eastern Marketing Corporation” is defined in the introductory paragraph of this
Development Agreement.

     “Effective Time” is defined in the introductory paragraph of this Development
Agreement.

     “Farmout Agreements” means any farmout agreement, participation agreement, exploration
agreement, development agreement or any similar agreement.

     “Gas” means natural gas and all other gaseous hydrocarbons, excluding condensate,
butane, and other liquid and liquefiable components that are actually removed from the Gas stream
by separation, processing, or other means. Any oil and gas lease or other similar instrument that
covers Gas shall be considered a “Gas lease” hereunder, even if it also covers other substances.

     “Horizontal Lateral Distance” means the distance of a horizontal well measured from
the midpoint of the curve to the end of the lateral.

     “Net Revenue Interest” means the interest, stated as a decimal fraction, in Subject
Gas production from a Development Well that Assignor is entitled to take with respect to Assignor’s
Subject Interest in that Development Well and the associated Subject Development Lands, subject
only to the Permitted Production Burdens (treated in each case as a reduction in interest rather
than as a cost).

3

 

     “Party,” when capitalized, refers to Assignor or Trustee. “Parties,” when
capitalized, refers to Assignor and Trustee.

     “Permitted Production Burdens” means (a) all Production Burdens that affected the
Subject Interests when they were acquired by Assignor and (b) all Production Burdens that were
created by Assignor; in each case, provided that the total Permitted Production Burdens for any
Development Well shall not exceed twelve and one half percent (12.5%) (proportionately reduced to
Assignor’s Working Interest in such Development Well).

     “Perpetual Conveyance” is defined in the introductory paragraph of this Development
Agreement.

     “Person” means any natural person, corporation, partnership, trust, estate, or other
entity, organization, or association.

     “Prior Reversionary Interest” means any contract, agreement, Farmout Agreement, lease,
deed, conveyance or operating agreement that exists as of the Effective Time or that burdens the
Subject Interests at the time such Subject Interests are acquired, that by the terms thereof
requires a Person to convey a part of the Subject Interest to another Person or to permanently
cease production of any Development Well including, any operating agreements, oil and gas leases,
coal leases, and other similar agreements or instruments affecting the Subject Interests.

     “Production Burdens” means, with respect to any Subject Development Lands, Subject
Interests, or Subject Gas, all royalty interests, overriding royalty interests, production
payments, net profits interests, Prior Reversionary Interests and other similar interests that
constitute a burden on, are measured by, or are payable out of the production of Gas or the
proceeds realized from the sale or other disposition thereof.

     “Reasonably Prudent Operator Standard” means the standard of conduct of a reasonably
prudent oil and gas operator in the AMI Area under the same or similar circumstances, acting with
respect to its own property and disregarding the existence of the Royalty Interest as a burden on
such property.

     “Royalty Interest” means, collectively, the Royalty Interest created under each of the
Conveyances.

     “Subject Development Lands” means the lands subject to or covered by the oil and gas
leases described in Exhibit A to each of the Conveyances and included in the AMI Area,
insofar and only insofar as they cover the Target Formation, subject to the exceptions, exclusions
and reservations (including depth limitations) set forth on such Exhibit A, as such exhibit
may be modified pursuant to Section 2.06, and/or other reservations and exceptions
contained in the Conveyances.

     “Subject Gas” means Gas in and under, and that may be produced, saved, and sold from a
Development Well, insofar and only insofar as such Gas is produced from the Target Formation,
subject to the following:

          (a) “Subject Gas” excludes Gas that is:

4

 

               (i) lost in the production, gathering, or marketing of Gas;

               (ii) used (A) in conformity with ordinary and prudent operations on the Subject Development
Lands, including drilling and production operations with respect to such Development Well or (B) in
connection with plant operations (whether on or off the Subject Development Lands) for processing
or compressing the Subject Gas;

               (iii) taken by a Third Person to recover costs, or some multiple of costs, paid or incurred by
that Third Person under any operating agreement, unit agreement, or other agreement in connection
with nonconsent operations conducted (or participated in) by that Third Person;

               (iv) retained by a Third Person for gathering, transportation, processing or marketing
services related to the Subject Gas in lieu of or in addition to cash payment for such services, to
the extent such agreement is permitted under the Conveyances; and

               (v) in excess of the percentage attributable to Assignor’s Net Share of Gas taken by Assignor
to recover costs, or some multiple of costs, paid or incurred by Assignor under any operating
agreement, unit agreement, or other agreement in connection with nonconsent operations conducted
(or participated in) by Assignor.

          (b) “Subject Gas” includes Gas, not otherwise excluded above, that is sold or exchanged for
other Gas, or otherwise disposed of for valuable consideration.

     “Subject Interests” means Assignor’s undivided interests as of the date hereof in the
Subject Development Lands, whether as lessee under Gas leases, as an owner of the Subject Gas (or
the right to extract such Gas), or otherwise, by virtue of which undivided interests Assignor has
the right to conduct exploration, drilling, development, and Gas production operations on the
Subject Development Lands, or to cause such operations to be conducted, or to participate in such
operations by paying and bearing all or any part of the costs, risks, and liabilities of such
operations, to drill, test, complete, equip, operate, and produce Development Wells to exploit the
Gas. “Subject Interests” includes all extensions of, and all renewals of Gas leases covering, the
Subject Development Lands (or any portion thereof) obtained by Assignor, or any Affiliate thereof,
within six (6) months after the expiration or termination of any such Gas lease. “Subject
Interests” do not include (a) Assignor’s rights to substances other than Gas; (b) Assignor’s rights
to Gas under contracts for the purchase, sale, transportation, storage, processing, or other
handling or disposition of Gas; (c) Assignor’s interests in, or rights to Gas with respect to,
pipelines, gathering systems, storage facilities, processing facilities, or other equipment or
facilities, other than the Development Wells; or (d) subject to the offset provision as set forth
in Section 1.03(c) of the Perpetual Conveyance or Section 1.04(c) of the Term Conveyance, any
additional, or enlarged interests in the Development Wells, Subject Development Lands or Subject
Gas, beyond those reflected in Exhibit A to each of the Conveyances or any Additional
Lease, extensions and renewals covered by the preceding sentence. “Subject Interests” may be owned
or claimed by Assignor by virtue of grants or reservations in deeds, Gas leases, or other
instruments, or by virtue of operating agreements, pooling or unitization agreements or orders, or
other kinds of instruments, agreements, or documents, legal or equitable, recorded or unrecorded.

5

 

The Subject Interests are subject to the Permitted Encumbrances (as defined in each of the
Conveyances).

     “Target Formation” means what is generally referred to as the Marcellus Shale
formation and for purposes of this Development Agreement defined as that formation located from the
bottom of the Tully Formation (as seen by ECA Kemsod #1 Well, API number 37-059-25209), at a depth
of 7,881 feet to the top of the Huntersville Chert Formation (as seen by the ECA Kemsod #1 Well,
API number 37-059-25209), at a depth of 8,204 feet.

     “Term” means that period from the Effective Time to the Drilling Obligation Completion
Date.

     “Term Conveyance” is defined in the introductory paragraph of this Development
Agreement.

     “Third Person” means a Person other than Assignor or Trustee.

     “Total Drilling Target” means that number of Development Wells where the cumulative
total of all the Adjusted Development Well Amounts for such Development Wells drilled by or caused
to be drilled by Assignor equals at least 52.

     “Trust” is defined in the Introduction to this Development Agreement.

     “Trust Agreement” is defined in the Introduction to this Development Agreement.

     “Trustee” is defined in the Introduction to this Development Agreement and also
includes all successor and substitute trustees under the Trust Agreement.

     “Working Interest” means with respect to any Development Well, the interest, stated as
a decimal fraction, in and to such Development Well that is burdened with the obligation to bear
and pay costs and expenses of maintenance, development and operations on or in connection with such
Development Well.

ARTICLE II

DEVELOPMENT OF THE SUBJECT DEVELOPMENT LANDS

     Section 2.01 Drilling Program.

          (a) Obligation to Drill. During the Term, Assignor shall, subject to the terms of this
Article II, drill, or cause to be drilled, at Assignor’s sole cost, such number of
Development Wells that is necessary to achieve the Total Drilling Target prior to the Drilling
Obligation Completion Date.

          (b) Meaning of “Drill.” For purposes of this Section 2.01, to “drill” means to spud a
Development Well, and thereafter to drill that Development Well diligently to the Target Formation
in accordance with the Reasonably Prudent Operator Standard.

6

 

          (c) Extension of “Drilling Obligation Completion Date.” If Assignor has not reached the Total
Drilling Target by March 31, 2013, the Drilling Obligation Completion Date shall be automatically
extended to March 31, 2014.

     Section 2.02 Obligation to Complete and Equip. Assignor shall, at Assignor’s sole cost attempt to
complete each Development Well in the Target Formation that reasonably appears to Assignor, acting
in accordance with the Reasonably Prudent Operator Standard, to be capable of producing Gas in
quantities sufficient to pay completion, equipping, and operating costs. Assignor shall, at
Assignor’s sole cost, equip for production each Development Well that is successfully completed
and, when it is equipped and connected to a gathering line or pipeline, shall commence production.
Assignor shall plug and abandon, at Assignor’s sole cost, all Development Wells that are
unsuccessful.

     Section 2.03 Termination. After the drilling obligations in Section 2.01(a) have been
satisfied in addition to all other obligations under this Development Agreement, this Development
Agreement shall terminate and shall forthwith become null and void as of such date.

     Section 2.04 Costs and Expenses of Development Wells. All costs associated with or paid or
incurred in connection with the drilling, testing, completing, and equipping for production,
operating and/or plugging and abandoning of the Development Wells shall be borne solely by
Assignor, but Assignor may use any Subject Gas in such operations without any duty to account to
Trustee or the Trust under any of the Royalty Interests or Conveyances.

     Section 2.05 Operations of Development Wells. Assignor shall operate at least 90% of the
Development Wells during the period from the Effective Time to the date that is at the end of the
fourth full calendar quarter following the Drilling Obligation Completion Date.

     Section 2.06 Additional Leases. To the extent that there are any Additional Leases prior to
Assignor’s satisfaction of Assignor’s drilling requirements in Section 2.01, such
Additional Lease, without any further action hereunder, shall become part of the Subject Interests
and Subject Development Lands hereunder at such time.

     Section 2.07 Title Due Diligence. Prior to commencing the drilling of any Development Well,
Assignor will perform such title due diligence and such title curative work as would be performed
by an oil and gas operator drilling a well and acting in accordance with the Reasonably Prudent
Operator Standard.

     Section 2.08 Wells.

          (a) Prior to the Drilling Obligation Completion Date, Assignor shall not, and shall cause its
Affiliates not to, nor permit any other Person within its control to, drill and complete any well
in the Target Formation of the AMI Area that will not be a Development Well hereunder.

          (b) Assignor hereby covenants and agrees to enter into a Mortgage, Assignment, Security
Agreement, Fixture Filing and Financing Statement (the “Drilling Support Lien”) in order
that Assignor shall have granted a lien and security interest creating a valid,

7

 

perfected first
priority lien and security interest in and to any of the undeveloped portions of the Subject
Development Lands or any Additional Lease located in the AMI Area designated the “Greene County
AMI” on Exhibit B solely in order to secure the performance of Assignor’s development obligations
under Section 2.01 above. Notwithstanding the preceding, for purposes of the Drilling
Support Lien only, the maximum amount recoverable by virtue of the mortgage upon a failure by
Assignor to satisfy its obligations under Section 2.01 shall be $91,000,000, and such
amount shall automatically be reduced by an amount that is equal to the product of $1,750,000
multiplied by the cumulative total of all Adjusted Development Well Amounts for all Development
Wells drilled under this Development Agreement as Assignor completes its development obligations
under Section 2.01. In addition, upon Assignor’s request and at Assignor’s expense, the
lien and security interest created by the Drilling Support Lien shall be released as to each
Development Well and the drilling unit associated therewith as the same is completed in accordance
with this Development Agreement.

          (c) Subsequent to the satisfaction of Assignor’s drilling requirements in Section
2.01, neither Assignor nor any of its Affiliates shall drill and complete any well that will
have a perforated segment that will be within 500 feet of any perforated interval of any
Development Well or such other wells conveyed to the Trustee by Assignor as of the date hereof
which produces oil or gas from the Target Formation.

          (d) If Assignor fails to achieve the Total Drilling Target by March 31, 2014, Assignor shall
be in default of its obligations under this Agreement and Trustee shall be entitled to pursue, in
its sole discretion, any and all remedies available pursuant to Article III of the Drilling Support
Lien.

ARTICLE III

OTHER PROVISIONS

     Section 3.01 Successors and Assigns. Subject to the limitation and restrictions on the assignment
or delegation by the Parties of their rights and interests under this Development Agreement, this
Development Agreement binds and inures to the benefit of Assignor, Trustee, the Trust and their
respective successors, assigns, and legal representatives.

     Section 3.02 Governing Law. THIS DEVELOPMENT AGREEMENT SHALL BE CONSTRUED UNDER AND GOVERNED BY
THE LAWS OF THE COMMONWEALTH OF PENNSYLVANIA WITHOUT GIVING EFFECT TO ANY CHOICE OR CONFLICT OF LAW
PRINCIPLES THAT WOULD CAUSE THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION.

     Section 3.03 Construction of Development Agreement. In construing this Development Agreement, the
following principles shall be followed:

          (a) no consideration shall be given to the captions of the articles, sections, subsections, or
clauses, which are inserted for convenience in locating the provisions of this Development
Agreement and not as an aid in its construction;

          (b) no consideration shall be given to the fact or presumption that one Party had a greater or
lesser hand in drafting this Development Agreement;

8

 

          (c) the word “includes” and its syntactical variants mean “includes, but is not limited to”
and corresponding syntactical variant expressions;

          (d) a defined term has its defined meaning throughout this Development Agreement, regardless
of whether it appears before or after the place in this Development Agreement where it is defined;

          (e) the plural shall be deemed to include the singular, and vice versa; and

          (f) each exhibit, attachment, and schedule to this Development Agreement is a part of this
Development Agreement, but if there is any conflict or inconsistency between the main body of this
Development Agreement and any exhibit, attachment, or schedule, the provisions of the main body of
this Development Agreement shall prevail.

     Section 3.04 No Waiver. Failure of either Party to require performance of any provision of this
Development Agreement shall not affect either Party’s right to require full performance thereof at
any time thereafter, and the waiver by either Party of a breach of any provision hereof shall not
constitute a waiver of a similar breach in the future or of any other breach or nullify the
effectiveness of such provision.

     Section 3.05 Relationship of Parties. This Development Agreement does not create a partnership,
mining partnership, joint venture, or relationship of trust or agency between the Parties.

     Section 3.06 Further Assurances. Each Party shall execute, acknowledge, and deliver to the other
Party all additional instruments and other documents reasonably required to evidence or effect any
transaction contemplated by this Development Agreement.

     Section 3.07 The 7:00 A.M. Convention. Except as otherwise provided in this Development Agreement, each calendar day, month, quarter,
and year shall be deemed to begin at 7:00 a.m. Eastern Time on the stated day or on the first day
of the stated month, quarter, or year, and to end at 7:00 a.m. Eastern Time on the next day or on
first day of the next month, quarter, or year, respectively.

     Section 3.08 Counterpart Execution. This Development Agreement may be executed in any number of
counterparts with the same effect as if all parties to this Development Agreement had signed the
same document. All counterparts shall be construed together and shall constitute one and the same
instrument.

     Section 3.09 Limitation of Liability. It is expressly understood and agreed by the parties hereto
that (a) this Development Agreement is executed and delivered by the Trustee not individually or
personally, but solely as Trustee in the exercise of the powers and authority conferred and vested
in it and (b) under no circumstances shall the Trustee be liable for the breach or failure of any
obligation, representation, warranty or covenant made or undertaken by the Trust under this
Development Agreement. It is further expressly understood and agreed by the parties hereto that
neither the Trust nor the Trustee, in its capacity as Trustee or individually, shall have any
authority over, or responsibility or liability for, the drilling of the Development Wells or any of
the other business or commercial activities contemplated by this Development

9

 

Agreement, all of
which are hereby agreed to be the sole responsibility of Assignor, and Assignor hereby agrees to
and hereby does indemnify and agree to hold harmless each of the Trust and the Trustee, in its
capacity as Trustee and individually, from and against any and all damages, liabilities, expenses,
fines, judgments, amounts paid in settlement, reasonable attorneys fees and costs of investigation,
and other expenses reasonably incurred by any of them in connection with or as a result of any of
the business or commercial activities contemplated by this Development Agreement or any other
matter arising out of this Development Agreement or any such matter. Assignor further agrees to
advance any such attorneys fees, costs of investigation and other expenses described above as they
are incurred.

     Section 3.10 Severability. If any provision of this Development Agreement or the application
thereof to any party to this Development Agreement or circumstance shall be held invalid or
unenforceable to any extent, the remainder of this Development Agreement and the application of
such provision to the other party to this Development Agreement or circumstances shall not be
affected thereby and shall be enforced to the greatest extent permitted by law.

[Remainder of page intentionally left blank.]

10

 

     IN WITNESS WHEREOF, each Party has caused this Development Agreement to be executed in its
name and behalf and delivered on the date or dates stated in the acknowledgment certificates
appended to this Development Agreement, to be effective as of the Effective Time.

	 	 	 	 	 
	 	ENERGY CORPORATION OF AMERICA

 	 
	 	By:  	/s/ Donald C. Supcoe

	 
	 	Name: Donald C. Supcoe	 
	 	Title: Senior Vice President	 

S-1

[Signature Page to Development Agreement]

 

 

	 	 	 	 	 
	 	ECA MARCELLUS TRUST I

 	 
	 	By: The
Bank of New York Mellon Trust Company, N.A.
 	 
	 	 	 
	 	By:  	/s/
Michael J. Ulrich
	 
	 	Name: Michael J. Ulrich	 
	 	Title: Authorized Signatory	 

S-1

[Signature Page to Development Agreement]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00175-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00175-of-00352.parquet"}]]