Document:

EX-10.30

 Exhibit 10.30 
 LEASE AGREEMENT 
 THIS LEASE AGREEMENT
(“Lease”) is entered into as of this 6th
day of March, 2012 by and between HOD LLC, a Delaware limited liability company (“Lessor”) and SUGAR CAMP ENERGY, LLC a Delaware limited liability company (“Lessee”). 

RECITALS 
 A. Lessee currently leases a tract of real property and certain coal reserves (the “RGGS Reserves”) pursuant to that Coal Mining Lease made and entered into as of July 29, 2005, by
and between RGGS Land & Mineral LTD., L.P., as lessor, and Lessee, as Lessee, as amended from time to time (the “RGGS Lease”); 
 B. Lessee has the right to mine certain additional coal reserves (the “TVA Reserves,” and collectively with the RGGS Reserves, the “Sugar Camp Mine”) pursuant to that
Assignment and Assumption Agreement dated August 4, 2009, by and between the United States of America, acting by and through its legal agent, the Tennessee Valley Authority, as lessor, Illinois Fuel Company, LLC, as assignor, and Ruger Coal
Company, LLC, an affiliate of Lessee, as assignee (the “TVA Lease,” and collectively with the RGGS Lease, the “Coal Leases”); 
 C. Pursuant to that certain Sublease made and entered as of the date hereof by and between Lessee and Lessor (the “Sublease”), Lessee subleased to Lessor certain of its lease rights to a
portion of the tract of real property demised to Lessee under the RGGS Lease, as depicted on Exhibit A (the “Surface Premises”); 
 D. Lessor owns a batch weigh/unit train load out system and related infrastructure situate on the Surface Premises (the “Sugar Camp Rail Load Out”); 

E. Lessor desires to lease the Sugar Camp Rail Load Out to Lessee for the purpose of permitting Lessee to operate and maintain the Sugar
Camp Rail Load Out, subject to the terms and conditions of this Lease. 
 F. Lessee will have the exclusive right to use the
Surface Premises to throughput all the coal mined from anywhere in the Sugar Camp Mine. 
 G. Lessor will be paid a Tonnage Fee
for the production associated with Longwall Area 1 of the Sugar Camp Mine, an area of mining defined by a map depicted on Exhibit B, as updated from time to time in accordance with Section 8.7 of this Lease (“Longwall Area
1”). 
 H. This Lease is in all respects subject to the terms and conditions of the RGGS Lease and to RGGS’
ownership interest in all surface and minerals associated with the RGGS Lease, and nothing in this Lease is intended to convey to Lessor any 

  
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interest in any minerals subject to the RGGS Lease or to suggest that Lessor has any right in or to the surface lands subject to the RGGS Lease other than the right to use the Surface Premises,
as provided in the Sublease, for the operation of the Sugar Camp Rail Load Out. 
 WITNESSETH: 

For and in consideration of the premises and other good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties hereto agree as follows: 
 1.0 Demise. Lessor does hereby LEASE, LET and DEMISE the Sugar Camp
Rail Load Out to Lessee. 
 2.0 Use Rights Within the Leased Surface Premises. Lessor hereby grants unto Lessee the right
to use the surface of the Surface Premises to construct, operate and maintain the Sugar Camp Rail Load Out, and any other structures incident or necessary thereto, including rail road track, parking areas, storage buildings and areas, utilities,
water and sewer lines, pipelines and power lines, or to grant permission to a third party to construct the same, and to conduct such other surface operations that are reasonably necessary in connection with the operation of the Sugar Camp Rail Load
Out; provided, however, that Lessee shall not construct any permanent surface impoundments, fill or storage areas or disposal operations of any kind or nature on the Surface Premises without the prior written consent of Lessor. 

3.0 Grant of Easement and License. Lessor also grants unto Lessee an easement, right of way and license for the term of this Lease
to use the Surface Premises for the purpose of operating and maintaining the Sugar Camp Rail Load Out. 
 4.0
Additional Surface Rights Within the Leased Surface Premises: 
 Lessor hereby further grants unto Lessee the following
additional rights relating to the conduct of operations on the Surface Premises: 
 a. The right of ingress, egress and all
other access rights for all purposes related to the operation of the Sugar Camp Rail Load Out and the occupation of the Surface Premises under this Lease, including, but not limited to, the right to construct and maintain roadways in such locations
as may be approved by Lessor, which approval shall not be unreasonably withheld; 
 b. The right to conduct surveying, and all
other testing, examination or prospecting that may be necessary or convenient to Lessee’s use of the Surface Premises under this Lease; 

  
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 c. The right to construct, operate and maintain such facilities and/or structures on the
Surface Premises as may be necessary or convenient to the operation of the Sugar Camp Rail Load Out; provided, however, that all such facilities and structures must comply with the terms of this Lease and all permits on the Surface Premises, and
provided further that Lessee may not construct any ponds, reservoirs for water or waste material, stockpiles, valley fills and/or dump minerals, overburden, tailings, spoils, or other waste material, or construct or operate leaching ponds of any
kind or nature on the Surface Premises without the prior written consent of Lessor. No buildings, structures, improvements, or other obstruction shall be constructed within the limits of any electric transmission or distribution line right of way
reserved from this Lease. All disposal operations within any reserved easement and right of way must comply with applicable code clearance requirements, and shall be subject to Lessor’s approval. The rights granted to Lessee in this paragraph
include the right to construct, operate and maintain such facilities and/or structures on the Surface Premises (including an additional rail load out) as may be necessary or convenient to throughput excess capacity of coal mined from any areas of
the Sugar Camp Mine, provided, however that Lessor shall be paid a Tonnage Fee (as defined below) on any coal mined from Longwall Area 1, regardless of whether or not such coal moves through the Sugar Camp Rail Load Out or the Surface Premises.

 d. The right to construct or grant permission for a third party to construct any pipelines, power lines, water and sewer
lines, or utilities on the Surface Premises, or to grant permission to a third party to construct the same, as Lessee may deem appropriate; provided, however, that Lessee shall not construct, operate or maintain any structures that fail to comply
with this Lease and all permits and laws governing the Surface Premises. 
 e. The right to operate and maintain the Sugar Camp
Rail Load Out. 
 f. In the event the Lessor’s written consent is reasonably required by any administrative agency
of Illinois or any other state or the United States of America, Lessor agrees to timely sign, without further compensation, any required document indicating its consent and approval of Lessee’s operations hereunder, subject to all terms and
conditions of this Lease and all exceptions and reservations either expressly or generally noted in Paragraph 5.0. 
 g. The
right, if necessary, after the termination or expiration of this Lease, to continue to have access to the Surface Premises in connection with the conduct of any restoration or reclamation operations, without further compensation therefore, subject
to all terms and conditions of this Lease and all exceptions and reservations either expressly or generally noted in Paragraph 5.0. 
 h. The exclusive right to use the Sugar Camp Rail Load Out for any lawful purpose. 

  
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 5.0 Exceptions and Reservations: 

The Lessor hereby reserves to itself, its employees, subcontractors, agents, successors and assigns: 

5.1 The right to enter in or upon the Surface Premises, at Lessor’s sole expense and risk, during normal working hours, for the
purpose of inspecting the Surface Premises, in a manner which shall not unreasonably interfere with the business of the Lessee in its operations under this Lease; 
 5.2 All exceptions, reservations, conditions, waivers and restrictions contained in all prior deeds and other instruments forming the chain of title of the Surface Premises. 

6.0 Term; Exclusivity. 
 6.1 This Lease shall become effective upon the date of execution hereof and shall continue in effect for a period of Twenty (20) years, unless sooner terminated as hereinafter provided. Lessee may
elect to extend the term of this Lease for additional five (5) year terms on the same terms and conditions set forth herein by delivering a notice of extension to Lessor not less than one hundred twenty (120) days prior to the date of
termination. Lessee may extend the term of this Lease a maximum of sixteen (16) times. 
 6.2 Lessee shall have no minimum
tonnage or throughput obligations under this Lease and no limits on its maximum throughput. 
 6.3 During the Term, Lessee shall
have the exclusive right to occupy the Surface Premises, subject to Lessor’s Exceptions and Reservations set forth in Paragraph 5.0, and shall have the exclusive right to use and operate the Sugar Camp Rail Load Out. 

7.0 Lessee’s Operation of the Sugar Camp Rail Load Out. 

7.1 Lessee shall be responsible for operating, repairing and maintaining the Sugar Camp Rail Load Out and for keeping the same in good
working order at all times during the Term in conformance with this Lease and all applicable permits, laws and regulations. 

7.2 Lessee shall be responsible for keeping the Sugar Camp Rail Load Out and the Surface Premises in a neat, clean and orderly condition,
reasonably free of debris and in compliance with all applicable federal, state and local environmental, health, safety and other laws, rules and regulations. 

  
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 7.3. Upon the expiration or termination of this Lease and upon Lessor’s written
request, Lessee shall be responsible for restoring the Surface Premises to its original state at the commencement of this Lease within six (6) months from the date of expiration or termination hereof, and performing any reclamation activities
required under all applicable permits on the Surface Premises. Except as otherwise requested by Lessor in writing, Lessee covenants and agrees, to the extent required by any permits governing the Surface Premises, in conjunction with the foregoing
to remove the Sugar Camp Rail Load Out and all surface structures, facilities and amenities installed by Lessee on or within the Surface Premises during or in connection with Lessee’s conduct of operations under this Lease and reclaim the
affected areas as required by all applicable permits and laws. 
 8.0 Consideration. 

As full consideration for Lessor’s lease of the Surface Premises to Lessee, Lessor shall be paid as follows: 

8.1 For the first twenty (20) years from the date of this Lease and in respect of only Longwall Area 1 at the Sugar Camp Mine, for
every ton of coal loaded through the Sugar Camp Rail Load Out, Lessor shall be paid a fee (the “Tonnage Fee”) as follows: 
 (a) $1.10 until the completion of the first longwall panel associated with Longwall Area 1; 
 (b) After the completion of the first longwall panel associated with Longwall Area 1 and until the completion of the second longwall panel associated with Longwall Area 1; 

(i) $1.10 if the first longwall move associated with Longwall Area 1 is completed in four (4) twenty-four (24) hour periods or
less; or 
 (ii) $1.17 if the first longwall move associated with Longwall Area 1 is completed in more than four
(4) twenty-four (24) hour periods; 
 (c) After the completion of the second longwall panel associated with Longwall
Area 1; 
 (i) $1.05 if the preceding longwall move associated with Longwall Area 1 is completed in four (4) twenty-four
(24) hour periods or less; 

  
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 (ii) $1.10 if the preceding longwall move associated with Longwall Area 1 is completed in
more than four (4) twenty-four (24) hour periods and no more than twenty-one (21) twenty-four (24) hour periods; or 

(iii) $1.17 if the preceding longwall move associated with Longwall Area 1 is completed in more than
twenty-one (21) twenty-four (24) hour periods. 
 Lessee shall provide Lessor
prompt notice of any longwall move associated with Longwall Area 1. Upon the completion of any such longwall move, Lessee shall certify to Lessor the amount of time in which the longwall move was completed and shall provide Lessor with such maps and
engineering reports that are prepared and kept by Lessee in the ordinary course of conducting its longwall operations and which verify (to Lessor’s reasonable satisfaction) the amount of time in which the longwall move was completed.

 8.2 After the expiration of the first twenty (20) years and for the remainder of the Term of this Lease, Lessor shall be
paid a rental payment of $10,000 per year. 
 8.3 Lessee shall furnish to Lessor on or before the 15th day of each calendar month a statement showing the quantity of coal
loaded through the Sugar Camp Rail Load Out during the preceding calendar month. Lessee shall keep accurate and correct books of account showing all coal loaded through the Sugar Camp Rail Load Out as well as all coal mined, and all coal consumed,
transported, or shipped from the Surface Premises, together with the correct weights thereof, to which books and records Lessor shall at all reasonable times have access for verification of statements to be furnished by Lessee. The Parties will
mutually agree to methods for the ascertainment of and payment of Tonnage Fees pursuant to this Lease. 
 8.4 In the event that
mining occurs outside of Longwall Area 1 and the production moves through the Sugar Camp Rail Load Out, thereby mixing the coal from Longwall Area 1 with other coal, Lessee shall keep a strict account of the tonnage of coal from Longwall Area 1 as
well as a strict account of the tonnage of non-Longwall Area 1 coal being loaded through the Sugar Camp Rail Load Out. The method of determining these respective tonnages shall be approved in writing by the
Engineer of Lessor before non-Longwall Area 1 coal may be loaded through the Sugar Camp Rail Load Out, such approval not to be unreasonably withheld, conditioned or delayed. In the event coal from Longwall
Area 1 is so commingled, Lessor shall only be paid a Tonnage Fee for the tonnage of coal produced from Longwall Area 1. 
 8.5
Lessee shall pay to Lessor, at Lockbox 2495; Columbus, Ohio 43260 or at such other places as Lessor may from time to time designate in writing, during the Term of this Lease, as applicable, (i) such payment for all coal loaded

  
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through the Sugar Camp Rail Load Out during the preceding calendar month, to be received by Lessor within twenty (20) days from the end of the month to which payment applies and
(ii) such rental payment of $10,000 per year, to be received by Lessor within twenty (20) days from the end of the year to which payment applies. 
 8.6 For the purpose of maximizing the Tonnage Fees due Lessor hereunder, Lessee shall conduct its coal mining operations on the Surface Premises and within Longwall Area 1 in accordance with Prudent
Operating Practice. “Prudent Operating Practice” means the mining practices, methods and acts that would be employed by a prudent mining operator having assets and operations similar in size and scope to Lessee, using modern mining
equipment and techniques in the conduct of diligent and safe mining operations in an attempt to recover the maximum amount of economically mineable and merchantable coal from Longwall Area 1 with due regard for all applicable requirements of Laws,
all in accordance and compliance with permits and the material provisions of all leases and other instruments creating interests in the properties. 
 8.7 Attached hereto as Exhibit B is Lessee’s initial Mining Plan covering four (4) years of planned operations. On or prior to October 10 of each year during the first sixteen
(16) years from the date of this Lease, Sugar Camp shall deliver a revised Mining Plan which updates the projected location of Longwall Area 1, its associated development units and proposed mining operations (including the operation of the
longwall itself) within such areas for the next four calendar years from the date of delivery of such revised Mining Plan. If during the final four years of the first twenty (20) years of this Lease, the Mine Plan changes, Lessee shall promptly
update the plan showing projected mining through the balance of the first twenty (20) year period. All revisions to the Mining Plan shall be prepared in full conformance with Prudent Operating Practice. 

8.8 In addition to the foregoing Tonnage Fees, Lessee shall pay a quarterly minimum deficiency of $1,250,000 due and payable on the 20th
of January, April, July and October during the first twenty (20) years this Lease is in effect, for the prior quarter’s production. Each payment of the quarterly minimum deficiency shall hereafter be referred to as a “Quarterly
Deficiency Payment”. If during any quarter Lessee shall pay Tonnage Fees that are less than the Quarterly Deficiency Payment, Lessee will pay to Lessor, at the prescribed time, the difference between the Tonnage Fees paid and the Quarterly
Deficiency Payment due. If during any quarter Lessee shall pay Tonnage Fees that is equal to or in excess of the Quarterly Deficiency Payment, then no Quarterly Deficiency Payment shall be due for that quarter. If during any quarter the Tonnage Fees
exceeds the Quarterly Deficiency Payment due for the quarter, then Lessee has the right to recoup any unrecouped Quarterly Deficiency Payment made with respect to the preceding eight quarters from the excess Tonnage Fees on a first paid first
recouped basis. No Tonnage Fees paid for coal mined in any quarter shall be credited to the payment of any Quarterly Deficiency Payment due for any succeeding quarter or quarters. 

  
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 8.9 Intentionally Omitted. 

8.10. Notwithstanding anything herein to the contrary, in the event of the cancelation, termination, or expiration of the Coal Leases
during the first twenty (20) years of the date of this Lease, Lessee shall be required to pay to Lessor Quarterly Deficiency Payments until the expiration of the first twenty (20) years of the date of this Lease as if the Coal Leases were
still in effect. 
 8.11 Lessor shall at all reasonable times have the right to enter the surface and the Sugar Camp Mine,
inspect the same, and have surveys made thereof to determine if all the terms and conditions of this Lease are fully complied with, and for these purposes to use freely the means of access to said mine and the workings thereof without hindrance, but
in such manner as not unreasonably to interfere with the operation thereof. 
 9.0 Lessee’s Responsibility for
Improvements; Liens. 
 9.1 Lessor shall not be obligated to pay or reimburse Lessee for any improvements, repairs or
rehabilitations performed by Lessee in and around the Surface Premises during the Term of this Lease, it being the intent of the parties that Lessee shall be solely responsible for all such costs and expenses during the Term hereof. 

9.2 Lessee shall not permit any lien to attach to the Surface Premises as a result of Lessee’s failure to pay any third party for
any labor, materials, supplies, wages or other like items, including without limitation, any mechanic’s liens or material men’s liens. In the event (and as often as such event may occur) that any such third party perfects or threatens to
perfect a legal right to encumber any of the coal on or under the Surface Premises, or the Surface Premises itself, in whole or in part, as a result of Lessee’s failure, in whole or in part, to pay such party as herein provided, or as Lessee
may be otherwise legally obligated, Lessor, at its sole option and in addition to its other rights and remedies hereunder, does and shall have the right to permit Lessee to take steps to remove said lien or Lessor may, in whole or in part, pay and
settle with such party directly; provided, however, that in the event it is established that the third party had a bona fide legal right to file said lien as a result of Lessee’s actions or inactions, all such direct payments by Lessor shall be
forthwith reimbursed to Lessor by Lessee. This paragraph and/or the payment of such direct payment sums, in whole or in part, by Lessor is not and shall not be construed as a waiver, alteration or modification of any of the Lessee’s obligations
assumed by it hereunder, nor as a covenant by Lessor to perform the same. 

  
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 10.0 Compliance with Permits and Applicable Laws;
Non-Discrimination. 
 10.1 Lessee shall conduct its operations on the Surface
Premises in accordance with all federal, state and local laws, rules and regulations, now or hereafter in effect, and such permits as Lessee may have or secure in the future to maintain the track, transport the coal, and operate the Surface
Premises. Lessee shall obtain and maintain in full force and effect, at is sole expense, all permits and approvals necessary for Lessee to operate and maintain the Sugar Camp Rail Load Out. Notwithstanding the foregoing, Lessee agrees to offer such
permitting assistance to Lessor as Lessor may reasonably request, at Lessor’s expense. Lessee shall secure an MSHA Identification Number prior to entering onto the Surface Premises to operate the Sugar Camp Rail Load Out. Lessee shall file all
necessary reports or other documents, whether mandatory or permissible, with the applicable governmental or other office(s) in order to properly establish and serve notice of Lessee’s sole and exclusive responsibility for the health and safety
of its employees, agents and permitted assigns and responsibility for compliance with such laws and regulations during the term of this Lease. 
 10.2 Lessee shall at all times comply with all applicable federal, state and local laws (including, but not limited to, the Federal Mine Safety and Health Act of 1977, as amended), ordinances, rules,
regulations, codes and orders relating to the operations to be conducted and performed hereunder and with the safety rules and regulations of Lessor. 
 10.3 Lessee further agrees that it shall comply with all of the terms and provisions of the Black Lung Laws (defined below) and will secure the payment of Black Lung Benefits (defined below) as
hereinafter provided. “Black Lung Laws” mean the Black Lung Benefits Act, Title IV of the Federal Mine Safety and Health Act of 1977, 30 U.S.C. 901 et seq., and the Internal Revenue Code, 26 U.S.C. I et seq., Black
Lung Benefits Reform Act of 1977 (P.L. 95-239), Black Lung Benefits Revenue Act of 1977 (P.L. 75-227), Black Lung Benefits Revenue Act of 1981 (P.L. 97-119), as now or hereafter amended, and all rules and regulations adopted pursuant thereto. “Black Lung Benefits” means any and all benefits payable pursuant to the Black Lung Laws. Lessee
acknowledges that, as between itself and Lessor, it is, and shall be deemed to be, the operator of any coal mine or coal preparation facility or facility used for the extraction, preparation or transportation of coal produced from the Surface
Premises and of all related activities, including, but not limited to, coal mine construction or maintenance, engaged in by Lessee pursuant to the terms of this Lease or the Coal Leases with respect to any claim for Black Lung Benefits filed by or
on account of any of its employees or former employees. Lessee shall secure and shall require any other person or entity who operates, controls, or supervises a coal mine or coal preparation facility on or under the Surface Premises or performs
services of construction, maintenance, transportation, or other activities related to coal mining or preparation under the terms of this Lease or the Coal Leases, or who otherwise may be liable for the payment of Black Lung Benefits, to secure the
payment of such Black Lung Benefits 

  
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to or on account of employees or former employees in accordance with the Black Lung Laws and shall provide Lessor, upon request, with appropriate certification that each of them has provided
security in compliance with all Black Lung Laws for the payment of such Black Lung Benefits. Without limiting the generality of Lessee’s obligations to comply with all other provisions of this Lease, Lessee agrees that it will secure and
guarantee the payment of all Black Lung Benefits required to be paid under the Black Lung Laws by reason of mining, construction, transportation, and related activities under this Lease or the Coal Leases, and Lessee does hereby agree that it will
indemnify and hold Lessor harmless from any liability or expenses, including reasonable attorney fees and expenses, which Lessor may suffer directly or indirectly, as a result of or with respect to any claim for Black Lung Benefits filed by or on
account of any of Lessee’s employees or former employees, or employees or former employees of others who may be required to secure the payment of Black Lung Benefits as provided above. Notwithstanding anything in this Lease to the contrary,
this Lease does not empower Lessor to make any decisions and Lessor hereby expressly waives and disclaims any right to make any decisions with respect to the terms and conditions under which the coal is extracted or prepared, such as, but not
limited to, the manner of extraction or preparation or the amount of coal to be produced at any particular time, all within the meaning of the Black Lung Laws. The parties hereto do acknowledge, however, that Lessor has reserved certain rights and
has imposed certain requirements under the terms of this Lease solely for the purpose of preventing waste and protecting the reserved rights of Lessor. 
 10.4 Lessee further covenants and agrees that all employees of Lessee, or any of its affiliates, and/or any and all other persons performing work on the Surface Premises pursuant to the rights granted in
this Lease will be fully covered by or insured at all times by workers’ compensation, and to that end Lessee shall comply with all applicable workers’ compensation laws, rules and regulations and shall make all necessary contributions
and/or premium or other payments. 
 10.5 Lessee warrants to Lessor, its successors and assigns that it will from the date of
this Lease until the end of the first twenty (20) years from the date of this Lease, operate in accordance with Prudent Operating Practice. 
 10.6 Lessee shall at all times comply in all respects with the terms and conditions of the Coal Leases. Lessee must notify Lessor upon determining in its reasonable discretion of (i) any event which
is likely to lead to the termination or lapse of this Lease or either of the Coal Leases, or (ii) any actual or alleged (in writing) default by Lessee under this Lease or either of the Coal Leases, or (iii) any written claim against any
right or interest held by Lessee and Lessor in the Surface Premises, or in connection with, this Lease or either of the Coal Leases. 
 10.7 If required by Lessor, Lessee must allow Lessor or any person nominated by Lessor to make such payments under this Lease or the Coal Leases as are necessary to (i) prevent the termination or
lapse of such leases, or (ii) cure any actual or alleged default by Lessee under such leases. 

  
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 11.0 Fines and Penalties. Lessee shall be responsible and solely liable for the
payment of any assessments, penalties, or other fines imposed by any federal, state, or local agency, and for any violation of any federal, state, or local law or regulation arising out of Lessee’s operation and maintenance of the Sugar Camp
Rail Load Out or Lessee’s lease of the Surface Premises. Lessee shall provide Lessor with a copy of all such violations or citations issued by any federal, state or local agency immediately upon receipt and fully inform Lessor of the
circumstances surrounding such issuance. Lessor may compromise and settle any claims for fines or penalties without the approval of the Lessee. 
 12.0 Indemnity. 
 12.1 General Indemnity. Lessee shall, to the extent
permitted by law, indemnify, defend, and save harmless Lessor, its members and its and their members, partners (general and limited), shareholders, officers, directors, agents, employees, successors, affiliates and assigns (“Lessor’s
Indemnified Persons”) from and against (a) any and all claims, demands, actions or causes of action by or on behalf of any person, firm, corporation or governmental body for damages, injuries, deaths, penalties, fines, assessments or
otherwise caused by, arising out of, resulting from or as a consequence of, in whole or in part, (i) any acts or omissions of Lessee, its officers, directors, employees, sublessees, contractors, subcontractors, licensees, invitees, engineers,
agents, successors, assigns or parent or affiliated corporations or any other persons or entities acting by direct or indirect authority of Lessee or pursuant to any rights granted in this Lease or (ii) the use and enjoyment of the Surface
Premises pursuant to this Lease or (iii) the approval by Lessor or Lessor’s Indemnified Persons of any plans of the Lessee or (iv) the indemnity contained in Section 13 of the Sublease or any other requirement of RGGS
Land & Mineral LTD., L.P. with respect to its consent to the Sublease and (b) any and all costs, counsel fees, expenses and liabilities incurred in or about any such claim or action brought thereon, all of which costs, counsel fees,
expenses and liabilities shall be reimbursed to Lessor by Lessee immediately upon notification from Lessor to Lessee that the same have been incurred. Provided, further, that indemnity obligations under this Lease exclude Lessor’s lost profit
and punitive, exemplary, special or consequential damages. Provided, further, that Lessee shall have no liability under indemnity obligations in this Lease unless Lessor or Lessor’s Indemnified Persons timely informs Lessee of a claim, demand,
action or cause of action and gives Lessee the right to assume the defense. 

  
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 12.2 Responsibility for Lessee’s Property and Equipment. Lessee releases Lessor, and
Lessor’s Indemnified Persons from liability for damage to any of its material, machinery, equipment or other property regardless of the cause thereof and whether such damage is caused by the negligence of Lessor, Lessor’s Indemnified
Persons or any other person; provided, however, that Lessee shall not be held responsible for damages attributable to the sole and exclusive negligence of Lessor or Lessor’s Indemnified Persons. 

12.3 Defense of Claims. If any action or proceeding is brought by reason of any claim described in this paragraph, Lessee will promptly
notify Lessor of such claim and will indemnify and hold harmless Lessor for the defense of such action or proceeding (or assume the Lessor’s defense, at Lessor’s sole election), and satisfy any order, judgment or settlement resulting
therefrom. 
 12.4 Survival. These covenants of indemnity shall survive the cancellation, termination or expiration of this
Lease. 
 13.0 Insurance. 
 13.1 Without limiting Lessee’s undertaking to protect, indemnify, hold harmless, and defend Lessor and Lessor’s Indemnified Persons as set forth in Paragraph 12 or any other provision of this
Lease, for the first twenty (20) years after the date of this Lease, Lessee agrees to procure and keep in force and effect the insurance coverages listed below with insurance carrier(s) that are acceptable to Lessor in the Lessor’s
reasonable discretion. All such insurance coverages listed below shall provide a waiver of subrogation for all claims regarding this Lease. Before commencing any work under this Lease, Lessee shall furnish Lessor with certificates of insurance
and/or certified copies of the insurance policies themselves together with all applicable endorsements attested by a duly authorized representative of the insurance carrier(s) evidencing that the insurance required hereunder is in force and effect
and that such insurance will not be reduced, cancelled or materially changed without giving to Lessor at least thirty (30) days prior written notice. 
 (a) Workers’ Compensation and Employer’s Liability Insurance: Lessee and all of its employees, workmen, agents, and servants shall comply with all requirements of the worker’s
compensation laws of the State of Illinois or any other state(s) whose workers’ compensation laws may apply to Lessee’s activities on the Surface Premises. In addition, Lessee shall carry employer’s liability insurance covering all of
Lessee’s operations and work on the Surface Premises in an amount not less than one million dollars ($1,000,000) per occurrence or such other reasonable amount as Lessor may require during the term of this Lease. All such employer’s
liability insurance shall expressly provide that all rights of subrogation against Lessor are waived. 

  
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 (b) Comprehensive General Liability Insurance and Excess Umbrella Liability
Insurance: Minimum limits of five million dollars ($5,000,000) combined single limit per occurrence and in aggregate for bodily injury and property damage. This coverage shall include, but not be limited to, provisions for: 

 

	 	(i)	Premises — operations; 

  

	 	(ii)	Blanket broad form contractual — specifically covering the indemnity obligations in this Lease; 

 

	 	(iii)	Blanket broad form property damage; 

  

	 	(iv)	Personal injury; 

  

	 	(v)	Lessor named as additional insured; 

  

	 	(vi)	Blanket broad form cross liability endorsement; 

  

	 	(vii)	Products and completed operations; 

  

	 	(viii)	Where exposure exists, explosion, collapse, and underground (XCU) hazard exclusions must be deleted; and 

 

	 	(ix)	Waiver by insurer of all payment obligations of Lessor for payment of premiums, audits, deductibles, retro-adjustments or any other payment obligation due to the
insurer by Lessee. 

 (c) Environmental Liability (Pollution Coverage): Minimum limits of one million
dollars ($1,000,000) combined single limit occurrence and in aggregate covering both bodily injury and/or property damage claims arising from first and/or third party exposures. To the extent such coverage is procured on a claims-made basis, Lessee
agrees to maintain such coverage for a minimum of thirty-six (36) months following the expiration or termination of this Lease or any extension thereof, or alternatively, Lessee agrees to purchase a thirty-six (36) month Extended Reporting Period (ERP) endorsement from the environmental insurer upon the expiration or termination of this Lease for any reason. 

(d) Auto Liability Insurance and Excess (Umbrella) Liability Insurance: Minimum limits of one million dollars ($1,000,000)
combined single limits per occurrence for death, bodily injury and property damage claims. This coverage shall include, but shall not be limited to, coverage for: 

  
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	 	(i)	Owned vehicles; 

  

	 	(ii)	Hired vehicles; 

  

	 	(iii)	Non-owned vehicles; 

  

	 	(iv)	Lessor named as additional insured; 

  

	 	(v)	Cross liability endorsement; and 

  

	 	(vi)	Waiver by insurer of all payment obligations of Lessor for payment of premiums, audits, deductibles, retroadjustments or any other payment obligation due the insurer by
Lessee. 

 (e) Additional Insurance: Such additional types and amounts of insurance as may reasonably be
required by Lessor from time to time. 
 13.2 Without limiting Lessee’s undertaking to protect, indemnify, hold harmless,
and defend Lessor and Lessor’s Indemnified Persons as set forth in Paragraph 12 or any other provision of this Lease, after the expiration of the first twenty (20) years and for the remainder of the Term of this Lease, Lessee agrees to
procure and keep in force and effect commercially reasonable insurance coverages with insurance carriers that are acceptable to Lessor in the Lessor’s reasonable discretion. All such insurance coverages shall provide a waiver of subrogation for
all claims regarding this Lease. Lessee shall furnish Lessor with certificates of insurance and/or certified copies of the insurance policies themselves together with all applicable endorsements attested by a duly authorized representative of the
insurance carrier(s) evidencing that the insurance required hereunder is in force and effect and that such insurance will not be reduced, cancelled or materially changed without giving to Lessor at least thirty (30) days prior written notice.

 13.3 The policy or policies providing for the insurance required by this Lease, and any other policies, shall be endorsed to
specifically include the liability assumed by Lessee under the indemnity provisions of this Lease. 
 13.4 In addition, such
insurance shall specifically name Lessor as an additional insured party and shall be primary to any and all other insurance of Lessor with respect to any and all claims and demands which may be made against Lessor and its officers, directors,
employees and agents, whether on account of injury or death of any person or persons, damage to or loss of property, violation of law or regulation or otherwise, in any way arising out of, related to or attributed to, directly or indirectly,
Lessee’s occupation of the Surface Premises under this Lease. Lessor reserves the right to approve the specific endorsement wording granting Lessor Additional Insured 

  
 14 

 
status on all of the Lessee’s applicable and/or required insurance policies. Such insurance shall specifically provide that it applies separately to each insured against which claim is made
or suit is brought, except with respect to the limits of liability. 
 13.5 Lessee shall remain in compliance with the terms of
this Paragraph 13 throughout the term of this Lease, as well as at all times that Lessee remains on the Surface Premises for any reason, including without limitation, for the purpose of performing its obligation to restore the Surface Premises to
its original state and performing all required reclamation work. 
 14.0 Termination on Default. 

14.1 If Lessee shall make any default in payment of any sums that may be due to Lessor under this Lease, then in such case Lessee shall be
considered in default of this Lease. If any such default shall continue for fifteen (15) days after receipt of written notice and demand from Lessor to remedy the same, or if any such default is not capable of being cured within the fifteen
(15) day time period, that Lessee is diligently working to cure such default, then upon written notice by Lessor of its intent to terminate this Lease, this Lease shall immediately cease and terminate and the Lease shall be of no further force
or effect. 
 14.2 If Lessee shall fail in any other respect to comply with the terms and conditions of this Lease, then in such
case Lessee shall be considered in default of this Lease. If Lessee fails to demonstrate that it has cured any such default within thirty (30) days from the receipt of written notice and demand from Lessor to remedy the same, or if any such
default is not capable of being cured within the thirty (30) day time period, that Lessee is diligently working to cure such default, then upon written notice by Lessor of its intent to terminate this Lease, this Lease shall immediately cease
and terminate and the Lease shall be of no further force or effect. 
 14.3 If, during the first Twenty (20) years of the
Term of this Lease, default be made by Lessee (or any of its permitted successors or assigns) in the performance of any of the terms or conditions of either of the Coal Leases, and such default is not cured within any applicable cure period in the
such lease, then in such event, Lessor may, at its option, terminate this Lease without any further notice and re-enter upon and take possession of the Surface Premises without initiation of legal process, and
thereafter re-let the same or any part thereof for the balance of the Term hereof, or any part thereof, upon such conditions as Lessor may deem proper, and Lessor may hold and possess the same as its absolute
property free and clear of any claims of, by or through Lessee, and pursue any and all other remedies available under the statutory or common laws of the State of Illinois for violations of any covenant or condition hereof, and all such remedies
shall be deemed cumulative and not exclusive. Lessee shall notify Lessor of its proposed cure actions and continue to keep Lessor informed on a regular basis of the actions taken and results thereof. 

  
 15 

 14.4 If Lessee shall (1) apply for or consent to the appointment of a receiver, trustee
or liquidator of itself or of all or a substantial part of its assets; or (2) be unable, or admit in writing, its inability to pay its debts as they mature, or (3) make a general assignment for the benefit of creditors; or (4) be
adjudicated a bankrupt or insolvent or dissolved; or (5) file a petition in bankruptcy or for reorganization or for an arrangement pursuant to the Federal Bankruptcy Act or any similar Federal or State law now or hereafter in effect; or
(6) file an answer admitting the material allegations or consent to or default in answering a petition filed against it in any bankruptcy, reorganization or insolvency proceeding, or corporate action shall be taken for the purpose of effecting
any of the foregoing; or (7) if an order, judgment or decree shall be entered, without the application, approval or consent of Lessee, by a court of competent jurisdiction, approving a petition seeking reorganization of Lessee or appointing a
receiver, trustee or liquidator of Lessee or of all or a substantial part of its assets, and such order, judgment or decree shall continue unstayed and in effect for any period of thirty (30) consecutive days; then Lessee shall be deemed in
default and Lessor shall have the right to terminate this Lease at any time thereafter by giving Lessee written notice of such termination, and upon the giving of such notice, this Lease and the rights herein granted to Lessee shall terminate.

 15.0 Remedies Upon Default. 
 15.1 The remedies under this Lease shall be cumulative, rather than exclusive, and Lessor shall have upon Lessee’s failure to timely cure any event of default under Paragraph 14.0 the right to
exercise, in addition to any and all rights available under Illinois statutory law or common law or otherwise available under this Lease, the option to terminate this Lease, re-enter and take possession of the
Surface Premises without initiation of legal process, and thereafter re-let the same or any part thereof for the balance of the Term hereof, or any part thereof, upon such conditions as Lessor may deem proper.
Neither re-entry nor re-letting shall discharge Lessee from any payments due to Lessor at the time of termination or re-entry, or
from any unsatisfied obligation of the Lessee under this Lease. 
 15.2 No termination or
re-entry hereunder by Lessor shall bar the recovery of damages for the breach of any of the terms, conditions or covenants on the part of Lessee herein contained. The failure of Lessor to recognize any act
constituting a default by Lessee hereunder shall not constitute a waiver of its rights later to act hereon or on any other default by Lessee hereunder. 
 16.0 Removal of Equipment. 
 16.1 Upon the expiration of this Lease, and
upon the condition that: 

  
 16 

 (a) All sums of money due the Lessor by the Lessee have been paid, and 

(b) All of Lessee’s covenants and obligations under this Lease have been fully kept and performed to Lessor’s reasonable
satisfaction, and Lessee is not in default of any term or condition herein at the time of the expiration of this Lease, then: 
 Lessee shall
have the obligation to remove from the Surface Premises within ninety (90) days after said expiration all of Lessee’s structures, equipment, machinery, improvements and other property Lessee may have placed on the Surface Premises during
the term of this Lease. 
 16.2 If Lessee does not remove said structures, equipment, machinery, improvements, and other
property of Lessee from the Surface Premises, as provided above, Lessee irrevocably agrees that Lessor, at its sole option, shall be deemed the sole owner of said property remaining on the Surface Premises, and Lessor shall have the additional
right, at its sole option, to remove the property at Lessee’s expense or to sell such of Lessee’s property remaining on the Surface Premises as is necessary to defray the cost(s) of removal of all or any part of the remaining
aforementioned property. 
 17.0 Lessor’s Right of Inspection. Lessor shall have, at all reasonable times during the
term of this Lease on prior notice to Lessee, access to the Surface Premises at Lessor’s sole risk, to make such inspections of the Surface Premises and operations being conducted as it deems desirable to ensure that such operations are being
performed in accordance with the obligations of Lessee hereunder. Nothing herein shall be construed to mean that any inspection or approval given by Lessor or Lessor’s representative shall relieve Lessee from any of its obligations
hereunder. 
 18.0 Force Majeure. 
 18.1 The term “Force Majeure” as used herein, shall mean a nationwide strike in the coal industry or a strike at the mine or facilities on the Surface Premises, work stoppages due to
labor organizing efforts, acts of God, acts of a public enemy, wars, insurrections, earthquakes, floods, loss of utilities and other causes beyond the reasonable control of Lessee. 

18.2 If, because of a verifiable condition of Force Majeure, either party is unable to carry out any of its obligations under this Lease
(except for an obligation of either party to pay money), that party shall give written notice to the other party as promptly as practicable of the specific nature and probable duration of the claimed Force Majeure event. The obligation of the party
giving notice shall be suspended to the extent made necessary by said Force Majeure during its continuance. The party giving notice shall use best efforts to eliminate the Force Majeure with a minimum of delay. However, nothing herein shall obligate
the Lessor or Lessee to resolve or settle any labor dispute or strike. 

  
 17 

 19.0 Records; Books of Account; Right to Audit. Lessee shall keep accurate and
correct books of account showing all coal loaded through the Sugar Camp Rail Load Out, together with the correct weights and selling price thereof, to which books and records Lessor shall at all reasonable times have access for verification of
statements to be furnished by Lessee. 
 20.0 Taxes, Levies and Assessments. 

20.1 Lessee shall pay all contributions, levies, taxes, or other sums, by whatever name called, with reference to all wages, benefits, or
other sums paid employees of the Lessee, its agents, contractors, and assigns, whose labor enters into the construction, maintenance or operation of the Sugar Camp Rail Load Out, or the operation of the Surface Premises under this Lease in all cases
where such contributions, levies, taxes, or other sums are or shall be required to be paid under any federal, state, county, or municipal unemployment act or Social Security Act; and 

20.2 Lessor shall, in accordance with law, assess and pay taxes on the interests owned and/or leased by Lessor in the Surface Premises,
including the Sugar Camp Rail Load Out and any mined or unmined coal therein contained, and Lessee shall pay to Lessor the full amount of such taxes, beginning with those covering the calendar year in which this Lease is effective, promptly upon
receipt of Lessor’s statement therefore, such amounts to constitute and be treated as additional rental hereunder. 
 20.3
Lessee shall, in accordance with law, pay taxes on all machinery, structures, equipment, improvements, and other property of Lessee now or hereafter located or placed by Lessee on the Surface Premises, or any other taxes or assessments arising from
Lessee’s operations on the Surface Premises at all times while this Lease or any extension hereof is in effect or Lessee is on the Surface Premises for any reason, including for purposes of restoring the property to its original condition or
performing reclamation work. Lessee shall have the right in good faith to contest or review, at its sole efforts and expense, in such manner as it deems suitable, and in Lessor’s name if desirable, any tax, charge, levy, or assessment whether
general, special, ordinary, or extra-ordinary, layed, levied, assessed, or imposed upon Lessee. 
 21.0 Zoning. This
Lease and Lessee’s rights hereunder are subject to all applicable zoning and subdivision laws, rules, regulations, and ordinances, including any and all blasting covenants and restrictions related thereto, and the burden and cost(s) of
compliance therewith shall be solely upon Lessee. Under no circumstances whatsoever shall Lessee, its agents, employees, or assigns, seek to change any zoning 

  
 18 

 
and/or subdivision regulations or classifications concerning the Surface Premises described herein without the express prior written approval of Lessor. Lessee shall protect, defend, indemnify,
save, and hold Lessor harmless against any consequence arising from Lessee’s failure to comply with any and all applicable zoning and/or subdivision regulations, including but not limited to any and all blasting covenants and restrictions
related thereto. 
 22.0 Condemnation of Surface Premises. If the Surface Premises in whole or in part, or any portion
thereof or interest therein, shall be acquired or condemned by any action of eminent domain or sold in lieu thereof by or for any public or quasi-public use or purpose, which action shall serve to defeat Lessor’s or Lessee’s rights in or
to the Surface Premises, then Lessor shall give notice of any such action to Lessee in writing. In any such case, Lessee irrevocably agrees that Lessor shall have no responsibility or liability, either directly or indirectly, to Lessee to refund,
reimburse, or compensate Lessee for any direct, indirect, incidental, or consequential damage(s) or claims of such damage(s), by Lessee or others for such action or determination. If the Surface Premises in its entirety or any portion thereof shall
be acquired or condemned by any aforesaid action or determination, then at Lessee’s option, this Lease, and all of the rights granted to Lessee herein, shall cease and terminate as of the date of title vesting in any such action, determination,
or proceeding. Lessee shall have no claim against Lessor for any value of the unexpired term of this Lease. Lessee shall have the right, at its sole efforts and expense, to contest such eminent domain action or determination and to make claim
against the condemning authority (but not Lessor) for damages incurred by Lessee as a result of such action. 
 23.0
Ownership of the Surface Premises. Any and all of Lessor’s interests in the Surface Premises contained or located therein or thereon, are solely the property and possessions of Lessor, and the rights and privileges granted to Lessee under
this Lease are solely by virtue of Lease, and neither the rights granted to Lessee by this Lease, nor any interest(s) of Lessor in the Surface Premises, whatever they may be, in whole or in part, nor any portion of the afore described, is considered
to be, and in no way shall be construed by Lessee or others to be a possession, asset, or chattel of Lessee, its principals, employees, agents, contractors, sublessees or assigns which can be sold, transferred, mortgaged, pledged, collateralized,
passed, assigned, or given out in any manner whatsoever, including proceedings of a bankruptcy, without the express prior written consent of Lessor, or except as expressly authorized in Paragraph 38.0 hereof. 

24.0 Challenge of Title. It is understood and irrevocably agreed by Lessee that Lessor does not warrant the title to the Surface
Premises. In the event that any claim(s) be made or litigation instituted by any third party as to the title or ownership of Lessor in or to any portion or interest of the Surface Premises described herein, Lessor shall have the right, but not the
obligation, to defend the same. Should Lessor choose not to defend its title, Lessee shall have the right, at its option and its sole expense, to 

  
 19 

 
defend Lessor’s title. Upon determination by a court of competent jurisdiction in a proceeding to which Lessor is a party that Lessor’s title to any part or interest in the Surface
Premises described herein is defective to such extent as to defeat Lessee’s rights under this Lease, notice by Lessor to Lessee of such determination shall operate to eliminate from this Lease any and all acreage of the Surface Premises so
determined to be defective. In such case, in no event shall Lessor be liable to Lessee for any direct or consequential damages sustained by Lessee as a result of a failure of title on Lessor’s part. It is specifically understood and irrevocably
agreed by Lessee that Lessee, its agents and assigns, have satisfied themselves as to the competency and sufficiency of Lessor’s title to the Surface Premises and the interests contained therein prior to entering into this Lease. 

25.0 As-Is; No Warranty of Condition or Fitness. Lessor makes no representations,
covenants, or warranties, express or implied, unto the Lessee concerning the condition of the Surface Premises, its suitability as to Lessee’s intended use or fitness for a particular purpose, and Lessee covenants and agrees that it is relying
solely on its own examination and inspection of the Surface Premises without recourse against Lessor. 
 26.0 Interest.
In the event of failure of either party to pay any sums of money due under this Lease after notice of the same has been delivered pursuant to Section 35 and, in the case of Lessee failure, Section 14.1, and in addition to all other
rights of the parties hereunder, the party to whom such sums are owed shall have the right, without further notice, to assess interest on all such past due sums at the rate of one percent (1%) per month of the unpaid delinquent balance from the
date of delinquency until paid. Assessment of interest by either party shall in no way be deemed or construed to be a waiver of any obligation hereunder to promptly pay all sums due, when due and without demand, or to be a waiver or bar to the
subsequent exercise or enforcement of any other provisions of this Lease or any other right of the parties hereunder. 
 27.0
Recording. This Lease, and the terms, conditions, provisions, and covenants hereof are personal and confidential between Lessor and Lessee, and their respective affiliates, successors, and assigns, and will not be disclosed by either party
except as required by law. It is therefore understood and irrevocably agreed by Lessee that if Lessee desires to record this Lease with any court of any county in which the Surface Premises described herein are a part, Lessee will notify Lessor, in
writing, of such desire and Lessor shall within thirty (30) days, provide Lessee with a “Memorandum” of this Lease for recording purposes. The costs and efforts of recording said Memorandum of this Lease shall be paid by
Lessee. 
 28.0 Governing Law. This Lease shall be governed by the laws of the State of Illinois without regard to any
conflict of law provisions. 

  
 20 

 29.0 Confidentiality of Information. Lessor and Lessee acknowledge that execution and
performance of this Lease may generate or provide them with access to specialized information or trade secrets of a confidential nature pertaining to the other party and its business. Lessor and Lessee agree that they shall treat all maps, data,
reports and other information relating to either party’s business as confidential and shall not divulge, transmit or otherwise disclose any such information received, except as may be required for the performance of this Lease, without the
other party’s prior written consent. 
 30.0 Prior Agreement. This Lease cancels and supersedes any prior agreements
between the parties hereto covering the subject matter hereof. 
 31.0 Headings. Paragraph headings or titles used in
this Lease are for convenience of reference only and shall not affect the construction of any paragraph herein. 
 32.0 Forum
Selection. In the event that either party to this Lease files any action, proceeding, or counterclaim against the other on any matter whatsoever arising out of or in any way connected with this Lease or the parties’ performance hereunder,
or any claim of damage resulting from any act or omission of the parties, the parties hereby consent to the exclusive jurisdiction and venue of Franklin County, Illinois. 
 33.0 Waiver of Jury Trial. THE PARTIES TO THIS LEASE AGREE TO, AND DO HEREBY WAIVE TRIAL BY JURY IN ANY ACTION, PROCEEDING, OR COUNTERCLAIM BROUGHT BY EITHER OF THE PARTIES AGAINST THE OTHER ON ANY
MATTER WHATSOEVER ARISING OUT OF OR IN ANY WAY CONNECTED WITH THIS LEASE OR THE PARTIES’ PERFORMANCE HEREUNDER, OR ANY CLAIM OF DAMAGE RESULTING FROM ANY ACT OR OMISSION OF THE PARTIES, OR EITHER OF THEM, IN ANY WAY CONNECTED WITH THIS
LEASE. 
 34.0 Limitation on Liability. NOTWITHSTANDING ANY OTHER PROVISION OF THIS LEASE, NEITHER PARTY SHALL BE LIABLE
TO THE OTHER FOR CONSEQUENTIAL, INCIDENTAL, PUNITIVE, EXEMPLARY OR INDIRECT DAMAGES, LOST PROFITS OR OTHER BUSINESS INTERRUPTION DAMAGES, BY STATUTE, IN TORT, CONTRACT OR OTHERWISE. 

  
 21 

 35.0 Notice to the Parties. The giving of any notice to, or the making of any demand
on, Lessee under the provisions herein shall be sufficient if made in writing, addressed to Lessee at: 
 Sugar Camp
Energy, LLC 
 Metropolitan Square Building 
 211 North Broadway 
 Suite 2600 

St. Louis, Missouri 63102 
 Telephone: (618) 435-2491 
 Attention:
General Counsel 
 With a copy not constituting notice to: 

Bailey & Glasser LLP 
 209 Capitol Street 
 Charleston, West Virginia 25301 

Telephone: (304) 345-6555 

Facsimile: (304) 342-1110 

Attention: Brian A. Glasser 
 or
such other address(es) as Lessee may hereafter in writing designate, and sent via Facsimile (with receipt confirmation), hand delivery by a nationally recognized commercial courier service or mailed postpaid, certified, return receipt requested,
United States mail. The giving of any notice to, or the making of any demand on, Lessor under the provisions herein shall be sufficient if made in writing, addressed to Lessor at: 

Hod LLC 
 5260
Irwin Road 
 Huntington, West Virginia 25705 
 Telephone: (304) 522-5757 
 Facsimile:
(304) 522-5401 
 Attention: President and COO 

With a copy to: 

Hod LLC 
 c/o NRP
(Operating) LLC 
 c/o Natural Resource Partners L.P. 
 601 Jefferson, Suite 3600 
 Houston, Texas 77002 

Telephone: (713) 751-7516 

Facsimile: (713) 751-7517 

Attention: Wyatt Hogan 

  
 22 

 and to (such copy not constituting notice): 

Caroline B. Blitzer 
 Vinson & Elkins LLP 
 666 Fifth Avenue, 26th Floor 

New York, New York 10103-0040 
 Telephone: (212) 237-0251 
 Fax: (917) 849-5317 
 or such other address as Lessor may hereafter in writing designate, and sent via
Facsimile (with receipt confirmation), hand delivery by a nationally recognized commercial courier service or mailed postpaid, certified, return receipt requested, United States mail. 

36.0 Survival Clause; No Waiver. 
 36.1 Notwithstanding any termination or expiration of this Lease, any obligation by either party hereto which, by its terms has or may have application after the termination of this Lease and has not been
fully observed or performed shall survive such termination. 
 36.2 The failure of either Lessor or Lessee to enforce any
specific breach by the other of this Lease or portion of this Lease shall not be deemed to be a waiver of any subsequent breach thereof, or of any other cause of cancellation or forfeiture, whatever or however occurring. The termination of this
Lease shall not invalidate or terminate any of the indemnities, warranties, or representations of this Lease. 
 37.0 No
Third Party Beneficiaries. The covenants, conditions, and terms of this Lease shall be for the sole and exclusive benefit of the parties hereto and their respective permitted successors and assigns to the exclusion of the rights of any
third-party beneficiaries. 
 38.0 Assignment and Transfer. Except for a Permitted Transfer, as defined below, Lessee
covenants and agrees that it will not sell, assign, sublease, mortgage, pledge or otherwise transfer or encumber (collectively “Transfer”) its interest in this Lease, any rights, interests or estates created by this Lease, all or
any portion of the Surface Premises, either voluntarily or by operation of law, without having first obtained the written consent of Lessor (which may be arbitrarily withheld). 

(a) The prohibitions in the preceding paragraph are subject to the following Permitted Transfers. Any Transfer to an affiliate of Lessee
herein is a Permitted Transfer. An entity is an affiliate if more than 51% of the equity interests and the voting 

  
 23 

 
power of the entity to which this Lease is being transferred is owned or controlled by the same individual or individuals who owned or controlled more than 51% of the equity interests and the
voting power of Lessee at the time of execution of this Lease. Any Transfer to a Reputable and Prudent Coal Mining Company is a Permitted Transfer. A Reputable and Prudent Coal Mining Company shall mean any entity, or its parent or affiliate that
over the three years immediately preceding the date of such Permitted Transfer (i) has produced not less than 5 million tons of coal whether directly and/or indirectly through its wholly owned subsidiaries or contract miners or predecessor
companies on an annualized basis; (ii) has not filed a voluntary bankruptcy proceeding or been declared a bankrupt; (iii) has not been blocked by any governmental authority from holding any necessary mining permits; (iv) is not known
to have forfeited any leases for coal reserves as a result of uncured defaults under such leases and (v) has a net worth of $25,000,000 or more on a consolidated basis. Any Transfer to an exchange traded public company is a Permitted Transfer.
Any Transfer to an entity which is created by the individual or individuals owning Lessee at the time of the execution of this Lease to allow the successor entity to issue shares to the public in a public offering is a Permitted Transfer. Any
Transfer to a lender or group of lenders to Lessee wherein Lessee is pledging or encumbering its leasehold interest in this Lease as security for or in return for the loan and said loan or financing is in an amount in excess of $10,000,000, is a
Permitted Transfer; provided, however, that the encumbrance is expressly subject to the terms of this Lease and the lender may not subsequently Transfer such interests to any entity other than a Reputable and Prudent Coal Mining Company. Provided
further, however, that for the purposes of any transfer by a lender, a Reputable and Prudent Coal Mining Company shall include any entity, or its parent or affiliate that satisfies clauses (ii), (iii) and (iv) above and has produced not
less than 2 million tons of coal whether directly and/or indirectly through its wholly owned subsidiaries or contract miners or predecessor companies on an annualized basis and over the three years prior had average gross revenues from the sale
of coal of $5 million or more. 
 (b) A Transfer of Control of Lessee or its permitted transferee (determined in accordance with
the preceding provisions of this Section 38), either voluntarily or by operation of law, shall constitute a Transfer of the Lease under this section. “Transfer of Control” as used in the foregoing shall include an outright
sale, assignment or transfer of sufficient membership interests to vest more than 50% of Lessee’s membership interests (or the equity interests or voting power in its permitted transferee) in persons or entities who are different than those
persons or entities which directly own more than 50% of Lessee’s membership interests as of the effective date of this Lease (or with respect to a permitted transferee, those persons or entities which directly own more than 50% of the equity
interests or voting power of such permitted transferee as of the effective date of such permitted Transfer). 
 (c) Accordingly,
a Transfer of Control shall have occurred whenever more than 50% of Lessee’s membership interests (or the equity interests or voting power in 

  
 24 

 
its permitted transferee) shall become subject to the direct ownership of a person or entity or group of related persons or entities who are different than those persons or entities which
directly own Lessee’s membership interests as of the effective date of this Lease (or with respect to a permitted transferee, those persons or entities which directly own more than 50% of the equity interests or voting power of such permitted
transferee as of the effective date of such permitted Transfer). Notwithstanding anything herein to the contrary, a sale, assignment or transfer of any or all of the voting power or equity interests in any parent entity that directly or indirectly
owns Lessee shall not constitute a prohibited assignment hereunder nor require Lessor’s consent. 
 (d) In the case of any
Transfer or Permitted Transfer of Lessee’s interest in this Lease or the RGGS Lease, any rights, interests or estates created by this Lease or the RGGS Lease, or all or any portion of the Surface Premises, Lessee shall obtain and present to
Lessor, prior to such Transfer taking place, a covenant of assumption by the transferee, wherein such transferee expressly agrees to and with Lessor to assume and be bound by all of the covenants, terms, conditions and provisions hereof (including
the restrictions set forth in this Section 38) to the same extent as Lessee. 
 (e) Any such Transfer, Transfer of Control
or Permitted Transfer shall not relieve Lessee from its obligations to comply with all of the covenants, terms, conditions and provisions of this Agreement. In the event Lessor consents to any Transfer, such consent shall not relieve Lessee and/or
any transferee, assignee, sublessee, etc. from securing Lessor’s written consent to any further Transfer, other than a Permitted Transfer, nor shall any such consent be construed as a consent to any further Transfer, other than a Permitted
Transfer, or as a waiver of any portion of this section or of Lessor’s rights hereunder. 
 (f) Upon the occurrence of any
such Transfer without the prior written approval of Lessor, Lessor shall have the option to terminate this Lease by serving written notice of its election so to do. 
 (g) Any direct or indirect Transfer or Transfer of Control in violation of this Section 38 shall be null and void and shall have no force or effect. 

(h) Lessee, its successors and assigns shall indemnify Lessor and its Affiliates from and against any and all loss or damage of any kind
resulting from or arising out of any failure on the part of Lessee, its successors or assigns to comply with the requirements of this Section 38. 
 39.0 Binding Effect. This Lease shall inure to the sole and exclusive benefit of and be of full and binding effect upon the parties hereto and their respective successors and permitted assigns.

  
 25 

 40.0 Severability. If any provision of this Lease or the application thereof to any
person or circumstances is held invalid, the remainder of this Lease shall not be affected thereby, but shall remain in full force and effect. 
 41.0 Entire Agreement. This writing, together with the Coal Leases, and the Sublease, is intended by the parties to be the final, complete and exclusive statement of their agreement about the
matters covered herein. THERE ARE NO ORAL UNDERSTANDINGS, REPRESENTATIONS OR WARRANTIES AFFECTING IT. All Exhibits hereto are incorporated herein and are an integral part of this Lease. No officer or representative of either party shall have the
authority to subsequently change this Lease, orally or by course of conduct, and any subsequent change in this Lease shall not be valid unless the same be in writing and duly executed by each of the parties hereto. 

42.0 Interpretation. Lessor and Lessee acknowledge that they have each fully read and reviewed this entire Lease, and have
discussed the same with the other, and have had the benefit of their separate legal counsel, and by executing such Lease fully agree with all provisions herein contained. Both parties further agree that this Lease shall be construed as mutually
drafted, and shall not be construed against one party or the other as drafter of the Lease. 
 43.0 Recitals. The
Recitals identified in this Agreement are incorporated herein by reference and made a part hereof. 
 44.0 Purchase Option.
At any time after the expiration of the first twenty (20) years and for the remainder of the Term of this Lease and upon Ninety (90) days prior written notice, Lessee may purchase the Sugar Camp Rail Load Out for the then fair market
value of the Sugar Camp Rail Load Out. If Lessor and Lessee are unable to agree on the then fair market value of the Sugar Camp Rail Load Out then Lessor and Lessee shall jointly engage an independent appraiser to determine the fair market value.

 [Signature Page Follows] 

  
 26 

 IN WITNESS WHEREOF, the Lessor and Lessee have caused this writing to be signed by their
respective duly authorized officers, in duplicate, and each represents and warrants that the signer has proper authority to enter into this Lease on behalf of Lessor and Lessee, respectively, all as of the date and year first written above.

  

	
	 HOD LLC
  

	 By: NRP (OPERATING) LLC

its Sole Member

	
	 /s/ Nick Carter

	 Name: Nick Carter

	 Title: President and Chief Operating Officer

	
	 SUGAR CAMP ENERGY, LLC

	
	 /s/ Michael J. Beyer

	 Name: Michael J. Beyer

	 Title: President

  
 27 

 EXHIBIT A 

Map of the Surface Premises 

  
 28 

 

 

 EXHIBIT B 

Lessee’s Initial Mining Plan 

  
 29EX-10.33

 Exhibit 10.33 
 Execution Version 
 (HILLSBORO RESERVES) 

THIS COAL MINING LEASE AND SUBLEASE AGREEMENT dated as of September 10, 2009, by and between WPP LLC, as Lessor and
Hillsboro Energy LLC, as Lessee. 
 WITNESSETH 

WHEREAS, Lessor owns or leases the Leased Premises as hereafter defined; and 

WHEREAS, Lessee desires to lease or sublease the Leased Premises from Lessor. 

NOW, THEREFORE, in consideration of the premises which are not mere recitals but are an integral part hereof and other good and
valuable consideration including the rents, royalties, covenants and agreements herein contained, the parties hereto, intending to be legally bound hereby, covenant and agree as follows: 
 SECTION 1.     LEASE FOR COAL MINING PURPOSES. 
 In
consideration of the terms, conditions, and stipulations set forth to be performed and observed by Lessee, Lessor, acting on its own behalf and with the intention of exercising any right, option or power held by it on behalf of any other person or
entity, does hereby demise, lease, sublease and let to Lessee, for the purposes of mining, processing, transporting and selling of coal and with all access and mining rights appurtenant thereto, the coal in the No. 6 seam situated under those
properties described and set forth on Exhibit A, as such exhibit may be amended or supplemented subsequent to the date hereof, with such coal reserves and leases being hereafter referred to as the “Leased Premises”. Those properties
comprising the Leased Premises were acquired or leased by Lessor by and through various deeds and leases, including that certain Special Quit-Claim Deed by and between the Montgomery County Board of Commissioners and Colt LLC (the “Montgomery
Deed”), which are described in, attached to and made a part of Exhibit A. Lessee hereby agrees, as of the date hereof, to assume all obligations, including the obligation to pay any royalties, under the Montgomery Deed, which Lessor hereby
leases to Lessee. Pursuant to the Purchase and Sale Agreement dated of even date herewith among Lessor and Lessee (“Purchase Agreement”), as Lessor acquires additional coal and mining rights (whether by deed or lease) (“Coal
Rights”) as set forth in the Purchase Agreement, Lessor is to, among other things, make those Coal Rights available to Lessee under the form of this Lease. Therefore, all Coal Rights so acquired by Lessor pursuant to the Purchase Agreement
shall be included in and made a part of the Leased Premises and thereby subject to this Lease immediately upon Lessor’s acquisition of the same without any further consideration and without any further action or documentation by Lessor or
Lessee. Lessee hereby agrees to assume all obligations, including the obligation to pay any royalties, under any lease or deed acquired as of the date of this Lease or hereafter acquired by Lessor pursuant to the Purchase Agreement and made a part
of the Leased Premises. Capitalized terms not defined herein have the meaning assigned to them in the Purchase Agreement. 

  
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 In addition, if, after the date hereof and for the pendency of the term of this Lease,
Lessee in its commercially reasonable discretion (1) acquires control (by deed or by lease) of reserves that are adjacent to the Leased Premises and are necessary in order to efficiently mine the Leased Premises as identified on Exhibit C
(“AMI Reserves”), and (2) Lessee decides to mine the AMI Reserves using the mine works in the Leased Premises for transportation of men or coal, then Lessee will, at least 30 days in advance of entering into such AMI Reserves, convey
to Lessor (by deed or assignment of lease) those AMI Reserves at no cost to Lessor, and all Coal Rights so conveyed to Lessor shall be included in and made a part of the Leased Premises and thereby subject to this Lease immediately upon
Lessor’s acquisition of the same without any further consideration and without any further action or documentation by Lessor or Lessee. 
 Furthermore, if, after the date hereof and for the pendency of the term of this Lease, Lessee in its commercially reasonable discretion amends its permit to include reserves that are within the areas
shown on Exhibit C as the “Washout Areas” (“Washout Reserves”) and Lessee decides to mine any portion of the Washout Reserves using the mine works in the Leased Premises for transportation of men or coal, then Lessee will, at
least 30 days in advance of entering into such Washout Reserves, convey to Lessor (by deed or assignment of lease) those reserves at no cost to Lessor, and all Coal Rights so conveyed to Lessor shall be included in and made a part of the Leased
Premises and thereby subject to this Lease immediately upon Lessor’s acquisition of the same without any further consideration and without any further action or documentation by Lessor or Lessee. 

Lessor and Lessee shall update Exhibit A, as promptly as practicable upon the acquisition by Lessor of additional Coal Rights either
pursuant to the Purchase Agreement or through the acquisition of AMI Reserves, to reflect the addition of such Coal Rights into or from the Leased Premises, which update to Exhibit A and the Leased Premises shall be effective as of the acquisition
date of such Coal Rights. Such updated Exhibit A shall be provided along with the notice to Lessee of Coal Rights acquired by Lessor. Exhibit A shall be updated in the following manner (as referred to in the Purchase Agreement) upon the Applicable
Closing in the Purchase Agreement: 
 At Closing 2, in accordance with Schedule A-1
attached hereto. 
 At Closing 3, in accordance with Schedule A-2 attached hereto.

 At Closing 4, in accordance with Schedule A-3 attached hereto. 

At Closing 5, in accordance with Schedule A-4 attached hereto. 

At Closing 6, in accordance with Schedule A-5 attached hereto. 

At Closing 7, in accordance with Schedule A-6 attached hereto. 

At Closing 8, in accordance with Schedule A-7 attached hereto. 

  
 2 

 SECTION 2.     RESERVATIONS AND EXCEPTIONS. 

All rights, title and interest vested in Lessor in or relating to the right to mine, process, transport and sell the coal contained within
the Leased Premises are specifically granted to Lessee. Lessee acknowledges that Lessor may have no interest, right or title to certain parts of the surface, certain oil and gas in or under certain parts of the Leased Premises or certain other
estates in or regarding the Leased Premises and that it is the intent of the parties hereto to grant to Lessee, by this Lease, all rights herein granted to Lessor, and Lessee acknowledges that it takes this Lease subject to all prior estates,
encumbrances, rights of way and easements of any kind affecting the Leased Premises. 
 SECTION 3.     TERM.

 The term of this Lease shall be for a period of Twenty (20) years from the date set forth in the preamble paragraph
hereto (hereinafter, the “anniversary date”), unless sooner terminated as hereinafter provided. Provided, however, if the Lessee is not in default of the terms hereof at the end of the primary term as set out above or any extended term, it
may elect to renew this Lease for additional five (5) year terms on the same terms and conditions set forth herein until all the merchantable and mineable coal underlying the Leased Premises shall have been mined and removed; provided, however,
that Lessee shall be limited to six (6) such renewal terms. 
 In the event all the merchantable and mineable coal
underlying the Leased Premises shall have been mined and removed from the Leased Premises pursuant to the provisions of this Lease, then this Lease shall cease and terminate upon the date when all such coal shall have been mined and removed.

 In the event the Leased Premises shall be taken, damaged, or injured by the exercise of the right of condemnation or eminent
domain, or any other legal proceedings or acts by federal, state, county, municipal, or other governmental, public, or quasi public authority, or by any corporation, person, or persons having lawful power and authority to exercise the right of
condemnation, eminent domain or legal proceeding, in any way which impacts the ability to mine the coal within the Leased Premises, then this Lease shall automatically terminate with respect to any property taken on the date of such taking.

 SECTION 4.    ROYALTIES. 
 Lessee shall pay to Lessor, at Lockbox 2495; Columbus, Ohio 43260 or at such other places as Lessor may from time to time designate in writing, during the term of this Lease, as rental hereunder, a
tonnage royalty for the coal mined and sold from the Leased Premises during each calendar month of the term hereof (including any extension), to be received by Lessor 

  
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within twenty (20) days from the end of the month to which payment applies, in an amount equal to the sum of (a) the greater of (i) Eight Percent (8%) of the Gross Selling Price of the
coal, or (ii) Four Dollars ($4.00) per ton and (b) a fixed royalty in the amount set forth in Exhibit B. The foregoing payments shall hereafter be referred to collectively as “Tonnage Royalty.” 

In addition to the foregoing Tonnage Royalty, Lessee shall pay a quarterly minimum deficiency of $3,100,000 due and
payable on April 20, 2010, covering the period beginning January 1, 2010 until March 31, 2010. Thereafter, the quarterly minimum deficiency will be (a) $3,100,000 for each of the subsequent three quarters of 2010,
(b) $3,100,000 for each quarter of 2011, (c) $7,500,000 for each quarter of 2012 through 2031 (inclusive), and (d) $125,000 for each quarter of 2032 for each subsequent quarter for the remainder of this Lease, in each case payable on
the 20th of January, April, July and October in each year
this Lease is in effect, for the prior quarter’s production. Each payment of the quarterly minimum deficiency shall hereafter be referred to as a “Quarterly Deficiency Payment”. If during any quarter Lessee shall pay Tonnage Royalty
that is less than the Quarterly Deficiency Payment, Lessee will pay to Lessor, at the prescribed time, the difference between the Tonnage Royalty paid and the Quarterly Deficiency Payment due. If during any quarter Lessee shall pay Tonnage Royalty
that is equal to or in excess of the Quarterly Deficiency Payment, then no Quarterly Deficiency Payment shall be due for that quarter. If during any quarter the Tonnage Royalty exceeds the Quarterly Deficiency Payment due for the quarter, then
Lessee has the right to recoup any unrecouped Quarterly Deficiency Payment made with respect to the preceding twenty quarters from the excess Tonnage Royalty on a first paid first recouped basis, provided, however, Quarterly Deficiency
Payments paid in respect of 2010 shall not be recoupable. No Tonnage Royalty paid for coal mined in any quarter shall be credited to the payment of any Quarterly Deficiency Payment due for any succeeding quarter or quarters. These Quarterly
Deficiency Payments shall forever cease in the quarter when the amount of merchantable and mineable coal remaining in the Leased Premises would yield a total Tonnage Royalty equal to the unrecouped Quarterly Deficiency Payments. If the Lessor
Defaults (as defined below in Section 18) then the Quarterly Deficiency Payments shall forever cease. 
 Notwithstanding
any of the foregoing, should Lessee be unable to mine coal from the Leased Premises during a period of thirty (30) consecutive calendar days during the term hereof as a result of a Force Majeure, the subsequent Quarterly Deficiency Payment or
Payments, as the case may be, shall be adjusted and prorated to waive the proportion of the applicable Quarterly Deficiency Payments for such days in which Lessee was unable to mine coal. The term “Force Majeure” as used herein, shall mean
a nationwide strike in the coal industry or a strike at the mine or facilities on the Leased Premises, work stoppages due to labor organizing efforts, acts of God, acts of a public enemy, wars, insurrections, earthquakes, floods, loss of utilities
and other causes beyond the reasonable control of Lessee. 
 The term “ton” referred to herein shall mean two thousand
(2,000) pounds. 

  
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 The term “coal” referred to herein shall include any low-coal content merchantable product that is sold and shipped under various trade names including, but not limited to, bone, coal, fuel and middlings (collectively “Middlings”). In the event any Middlings
are sold and shipped, then the Parties agree to negotiate a fair reduction to the fixed dollar portion of the Tonnage Royalty. 

Subject to the qualification hereinafter stated in this paragraph, “Gross Selling Price” of coal shall, for all purposes under
this Lease, be the amount received, either directly or indirectly by Lessee or any of its affiliates or any direct or indirect financially controlled company, in any case, in the first bona fide arm’s length transaction, after preparation
and/or tippling, regardless of who owns or operates such preparation or tippling facilities, f.o.b. railroad cars or other transport at the mine site, without any deduction for selling expense or sales commission. If Lessee, any affiliated company
of the Lessee, or the preparer or tippler of the coal shall consume any of the coal, the price of the coal as consumed shall be considered equal to the (1) same month’s weighted average sales price of coal sold to unaffiliated customers,
or (2) if there are no unaffiliated customers, the average sales price of comparable coal from the Illinois Basin in the open market. 
 Lessee shall furnish to Lessor on or before the 15th day of each calendar month a statement showing the quantity of coal shipped from the Leased Premises and weights of coal, if any, consumed on the Leased Premises or at the preparation plant or tipple
during the preceding calendar month. The Parties will mutually agree to methods for the ascertainment of and payment of Tonnage Royalties on the coal mined, shipped, sold, or consumed under this Lease. Lessee shall keep accurate and correct books of
account showing all coal mined, and all coal consumed, transported, or shipped from the Leased Premises or elsewhere, together with the correct weights and Gross Selling Price thereof, to which books and records and the source data therefore Lessor
shall at all reasonable times have access for verification of statements to be furnished by Lessee. Lessor, for like purposes, is hereby authorized to demand and require of any railroad company, trucking company or other agents transporting the
products of the Leased Premises, inspection of its books and records, showing the weight and quantity of such products and pertinent information in relation thereto. Said carriers and other agents are hereby authorized and requested by Lessee to
show Lessor, or its agents, all such books and records and to furnish all such information when requested. 
 In the event it
shall be necessary in mining coal from the Leased Premises to load the same over a tipple or tipples over which other coal is loaded, thereby mixing the coal from the Leased Premises with other coal, Lessee shall keep a strict account of the tonnage
of coal from the Leased Premises as well as a strict account of the tonnage of other coal being loaded over the same tipple or tipples. The method of determining these respective tonnages shall be approved in writing by the Engineer of Lessor before
other coal may be mixed with coal from the Leased Premises, such approval not to be unreasonably withheld, conditioned or delayed. 

  
 5 

 In the event coal from the Leased Premises is so commingled, then the Gross Selling Price,
as set forth in Section 4 hereof, shall be the average sales price for all coal with which coal from the Leased Premises is commingled. 
 It is the intent of this Lease that Tonnage Royalty payments will be paid on a sales basis. In the event of co-mingling, all coal produced from the Leased Premises
shall be reconciled to total sales along with any foreign coal that is commingled with such coal. This reconciliation shall be done monthly. The only allowable adjustment to total sales is a reduction for third party coal segregated and not
commingled at any time with such coal. Lessor’s portion of total sales will be prorated based on Lessor’s percentage of total sales since the last reconciliation and adjustments made, plus or minus, at that time. There will be no other
adjustments to sales tons or methods used to reconcile Lessor’s Tonnage Royalty payments unless expressly agreed to in writing by Lessor. 
 In addition to the royalties and deficiency payments payable by Lessee to Lessor pursuant to this Lease, Lessee further agrees to assume any and all obligations to pay any royalty or other similar payment
obligation due to third parties pursuant to any document in the chain of title affecting the properties comprising the Leased Premises. 

SECTION 5.     TAXES, INSURANCE AND INDEMNITY. 
 Lessor will, in the first instance, pay all the taxes, levies and assessments on or in respect of Lessor’s ownership of or interest in the Leased Premises and during the continuance of this Lease,
Lessee shall pay to Lessor the full amount of such taxes, levies, and assessments, beginning with those covering the calendar year in which this Lease is effective, promptly upon receipt of Lessor’s statement therefore, such amounts to
constitute and be treated as additional rental hereunder. Lessee shall promptly pay at the several times they become due and payable all taxes levied or assessed upon coal mined from or products manufactured from coal upon the Leased Premises.
Lessee shall also pay any and all taxes due to the state and/or its subdivision for severing, removing, processing, or preparing of said coal, except for taxes on gross or net income of Lessor on receipt of royalties, and Lessee shall also pay all
royalties for removal of coal required by any existing or future labor agreements of Lessee, its agents, operators or affiliates. 
 Lessee may at any time during the continuance of this Lease, at its own cost and expense, and after reasonable notice to Lessor of its intention so to do, contest any of the taxes, levies, or assessments
to be borne by Lessee as above provided. In the event of any such contest, Lessee is authorized to proceed in the name of Lessor with respect to the reversionary interest of Lessor in the Leased Premises, but Lessee shall indemnify Lessor against
any costs, penalties, expenses, or interest charges arising out of such contest. 
 Lessee shall submit to Lessor, for its
review, a copy of annual reports or returns prepared pursuant to laws or regulations in the State of Illinois with respect to Lessor’s ownership or interest. It is understood and agreed that the taxes levied or assessed from such reports are
based, in part, upon the permitting and/or production of Lessee and for that reason, Lessee’s payments to Lessor as provided for in this section shall continue and survive any termination or cancellation of this Lease for one year. 

  
 6 

 Lessee agrees that it shall comply with all of the terms and provisions of the Black Lung
Laws (defined below) and will secure the payment of Black Lung Benefits (defined below) as hereinafter provided. “Black Lung Laws” mean the Black Lung Benefits Act, Title IV of the Federal Mine Safety and Health Act of 1977, 30 U.S.C. 901
et seq., and the Internal Revenue Code, 26 U.S.C. I et seq., Black Lung Benefits Reform Act of 1977 (P.L. 95-239), Black Lung Benefits Revenue Act of 1977 (P.L.
75-227), Black Lung Benefits Revenue Act of 1981 (P.L. 97-119), as now or hereafter amended, and all rules and regulations adopted pursuant thereto. “Black Lung
Benefits” means any and all benefits payable pursuant to the Black Lung Laws. Lessee acknowledges that, as between itself and Lessor, it is, and shall be deemed to be, the operator of any coal mine or coal preparation facility or facility used
for the extraction, preparation or transportation of coal produced from the Leased Premises and of all related activities, including, but not limited to, coal mine construction or maintenance, engaged in by Lessee pursuant to the terms of this Lease
with respect to any claim for Black Lung Benefits filed by or on account of any of its employees or former employees. Lessee shall secure and shall require any other person or entity who operates, controls, or supervises a coal mine or coal
preparation facility on the Leased Premises or performs services of construction, maintenance, transportation, or other activities related to coal mining or preparation under the terms of this Lease, or who otherwise may be liable for the payment of
Black Lung Benefits, to secure the payment of such Black Lung Benefits to or on account of employees or former employees in accordance with the Black Lung Laws and shall provide Lessor, upon request, with appropriate certification that each of them
has provided security in compliance with all Black Lung Laws for the payment of such Black Lung Benefits. Without limiting the generality of Lessee’s obligations to comply with all other provisions of this Lease, Lessee agrees that it will
secure and guarantee the payment of all Black Lung Benefits required to be paid under the Black Lung Laws by reason of mining, construction, transportation, and related activities under this Lease, and Lessee does hereby agree that it will indemnify
and hold Lessor harmless from any liability or expenses, including reasonable attorney fees and expenses, which Lessor may suffer directly or indirectly, as a result of or with respect to any claim for Black Lung Benefits filed by or on account of
any of Lessee’s employees or former employees, or employees or former employees of others who may be required to secure the payment of Black Lung Benefits as provided above. Notwithstanding anything in this Lease to the contrary, this Lease
does not empower Lessor to make any decisions and Lessor hereby expressly waives and disclaims any right to make any decisions with respect to the terms and conditions under which the coal is extracted or prepared, such as, but not limited to, the
manner of extraction or preparation or the amount of coal to be produced at any particular time, all within the meaning of the Black Lung Laws. The parties hereto do acknowledge, however, that Lessor has reserved certain rights and has imposed
certain requirements under the terms of this Lease solely for the purpose of preventing waste and protecting the reserved rights of Lessor. 

  
 7 

 Lessee further covenants and agrees that all employees of Lessee, or any of its affiliates,
and/or any and all other persons performing work on the Leased Premises pursuant to the rights granted in this Lease will be fully covered by or insured at all times by workers’ compensation, and to that end Lessee shall comply with all
applicable workers’ compensation laws, rules and regulations and shall make all necessary contributions and/or premium or other payments. Lessee covenants and agrees to indemnify and save harmless Lessor, its members and its and their members,
partners (general and limited), shareholders, officers, directors, agents, employees, successors, affiliates and assigns from and against (a) any and all claims, demands, actions or causes of action by or on behalf of any person, firm,
corporation or governmental body for damages, injuries, deaths, penalties, fines, assessments or otherwise caused by, arising out of, resulting from or as a consequence of, in whole or in part, (i) any acts or omissions of Lessee, its officers,
directors, employees, sublessees, contractors, subcontractors, licensees, invitees, engineers, agents, successors, assigns or parent or affiliated corporations or any other persons or entities acting by direct or indirect authority of Lessee or
pursuant to any rights granted in this Lease or (ii) the use and enjoyment of the Leased Premises pursuant to this Lease or (iii) the approval by Lessor of any plans of the Lessee and (b) any and all costs, counsel fees, expenses and
liabilities incurred in or about any such claim or action brought thereon, all of which costs, counsel fees, expenses and liabilities shall be reimbursed to Lessor by Lessee immediately upon notification from Lessor to Lessee that the same have been
incurred. Provided, further, that indemnity obligations under this Lease exclude Lessor’s lost profit and punitive, exemplary, special or consequential damages. Provided, further, that Lessee shall have no liability under indemnity obligations
in this Lease unless Lessor timely informs Lessee of a claim, demand, action or cause of action and gives Lessee the right to assume the defense. 
 During the term of this Lease, Lessee shall carry, with a limit of $1 million per person and $5 million per occurrence, coal mine liability and contractual liability insurance. Lessor, its members and its
and their members, partners (general and limited), shareholders, officers, directors, agents, employees, successors, affiliates and assigns shall be named as additional insureds and provided a certificate of insurance reflecting such coverage, which
shall not be cancelable except after thirty (30) days’ notice to Lessor. Such insurance shall provide a waiver of subrogation for all claims regarding this lease and be written on an “occurrence” basis unless the policy is
available only on a “claims made” basis, in which case such “claims made” insurance coverage shall be maintained in effect for a period of at least five (5) years after the termination of this Lease, or until final release
of Lessee’s environmental reclamation bonds required by any regulatory authority, whichever shall last occur. 
 If Lessor
receives notice of any alleged default under or any alleged non-compliance with any deed or lease covered by this Lease, whether or not such deed or lease is listed in Exhibit A, or with respect to any
property covered by this Lease, Lessor shall give notice of the same to Lessee within two (2) business days after receiving the same in accordance with the provisions of Section 11 of this Lease; and Lessee shall then have the right and
obligation to address and resolve such alleged default or non-compliance. 

  
 8 

 SECTION 6.     METHOD OF OPERATION. 

Lessee covenants and agrees that when it commences operation in any coal leased herein it will thereafter diligently prosecute its
operations hereunder utilizing modern mining equipment best suited for the prevailing mining conditions so as to develop thoroughly the coal herein leased and to conduct such operations in a careful, skillful, and workmanlike manner, and in
compliance with the present and any future laws of the State of Illinois or any other applicable state and of the United States, and also according to the rules and practices of good mining and with due regard for the value of the Leased Premises as
a coal producing property. 
 Lessee shall be solely responsible for complying with all present and future laws and governmental
regulations, including environmental laws and regulations, impacting on or controlling mining and related operations on the Leased Premises, which responsibility shall survive until final release of Lessee’s environmental reclamation bonds
required by any regulatory authority or termination of this Lease, whichever shall last occur. If, as a result of Lessee’s operations hereunder, laws or governmental regulations are violated, or are claimed to be violated by the government,
then Lessee shall indemnify Lessor and hold it harmless from any penalties, fines, costs, and expenses, including legal fees and court costs, imposed upon or incurred by Lessor as a result of said claim, violation or violations. 

Notwithstanding Lessee’s obligation to comply with all laws, rules, regulations and orders as set forth above, Lessor shall not
declare a default hereunder solely as a result of routine operational violations which Lessee cures or abates as promptly as practical. Lessee shall be solely responsible for treatment of any water discharge caused by its operations, if required by
present or future law or regulation, which responsibility shall survive until final release of Lessee’s environmental reclamation bonds required by any regulatory authority or termination of this Lease, whichever shall last occur. 

Lessee shall provide Lessor a permit map as a matter of information, in a format acceptable to Lessor, for any coal seams being permitted
on the Leased Premises at the time of execution of this Lease and at the time of any subsequent permit submittal and at the time of any revisions and amendments thereof. 
 Lessee acknowledges that Lessor holds the Leased Premises for the purpose of maximizing the royalty revenue generated therefrom and agrees that it will work and mine the coal in accordance with said
purpose and in accordance with general and detail maps and plans of mining and descriptions to be prepared by Lessee (hereinafter collectively called “Mine Plans”) and will submit a copy of same to the Lessor in a digital format acceptable
to Lessor, if available. Said Mine Plans shall take into consideration the entire area proposed to be developed by Lessee, and shall make suitable provisions for (1) the proper protection of overlying and underlying seams so that they may be
economically mined at a later date and (2) the reasonable and proper removal of all the mineable and merchantable coal from the Leased Premises. No Mine Plan shall be proposed which, if adopted, would render otherwise mineable and merchantable
coal unmineable or unmerchantable or substantially more difficult or expensive to mine. The said Mine Plans shall be submitted to the Lessor at least 30 days prior to the 

  
 9 

 commencement of any operation on the Leased Premises. In the event Lessor determines that the Mine Plans
submitted by Lessee fail to comply with any of the terms of this Lease, Lessor shall so notify Lessee within thirty (30) days of receipt of the Mine Plan, in which event Lessee will reasonably modify said Mine Plans to comply with the terms and
conditions hereof. If Lessor makes no objection to a proposed Mine Plan within thirty (30) days of receipt of the Mine Plan, then Lessor’s agreement with the Mine Plan is conclusively established for all purposes under this Lease. No
material change in, modification of, or departures from any Mine Plans so approved shall be made in the development or operation of the mine or mines except pursuant to modified Mine Plans submitted by Lessee to Lessor for the purpose of allowing
Lessor to determine that said modification complies with the terms of this Lease. Lessor shall have thirty (30) days from receipt of a modified Mine Plan to object. If Lessor makes no objection to a proposed modified Mine Plan within thirty
(30) days of receipt of the modified Mine Plan, then Lessor’s agreement with the Mine Plan, as modified, is conclusively established for all purposes under this Lease. Lessor’s right to notify Lessee that proposed Mining Plans fail to
comply with this Lease is a right reserved solely to protect Lessor’s interest in the Leased Premises and to prevent waste and is not intended to give and shall not be construed to give Lessor any control over Lessee’s operations. Lessor
shall have no authority to determine the manner in which or the methods by which any of Lessee’s mining operations are to be conducted, all of which shall be solely determined by Lessee. 

Lessee shall have no right, without prior written consent of Lessor, which shall not be unreasonably withheld, conditioned or delayed, to
deposit slate, coal refuse, water or refuse of any kind on or in the Leased Premises in any manner or at any place which will materially impair Lessee’s ability or right to mine and remove any of the coal within the Leased Premises. 

Lessee may conduct its operations under this Lease through its contractors or agents when approval has been granted in writing by Lessor,
such approval not to be unreasonably withheld, conditioned or delayed, provided in any case Lessee shall be and remain liable to Lessor for all obligations of the Lessee under this authority, and subject to any reasonable conditions imposed by
Lessor in granting its consent. 
 If it is found and reported to Lessee in writing by an agent of Lessor that in the progress
of the work any areas of merchantable and mineable coal have been passed by or abandoned with the result that coal has not been mined and removed, which in accordance with generally accepted good mining practice should have been mined and removed,
it shall be the duty of Lessee to return as soon as possible to such areas and mine and remove the coal therefrom, or failing so to do, Lessee shall account for the coal contained therein and pay the Tonnage Royalty therefore the same as though it
had been mined. 
 Lessee shall employ a competent mining engineer, duly registered in the State of Illinois or any other
applicable states and acceptable to Lessor, whose duty it shall be to keep up the mine surveys and make accurate maps thereof, which maps shall at all times be subject to the inspection of Lessor, or its duly authorized agents, and copies furnished
to the Engineer of Lessor at any time upon request but without such request at a minimum of on or before February 

  
 10 

 1, May 1, August 1 and November 1 of each year. Such maps shall show the location
of all coal section numbers obtained by Lessee in addition to those measured by Lessor during mine inspections in a form convenient to Lessee and acceptable to the Engineer of Lessor. Upon request, Lessee shall provide to Lessor, on the date
designated by Lessor, either monthly, quarterly or annually tonnage and sales price forecasts, as prescribed by Lessor, for coal to be mined from the Leased Premises in future years. 

Lessee shall furnish Lessor copies of data derived from any and all coal exploration activities within the Leased Premises, including,
but not limited to, driller’s logs, geophysical logs, coal laboratory analyses, and geological maps. 
 Upon request of
Lessor, Lessee shall make available for Lessor’s inspection and copying any and all laboratory analyses made of coal mined from the Leased Premises. 
 Upon request of Lessor, Lessee shall make available for Lessor’s inspection and copying any and all of Lessee’s correspondence with government agencies or departments that pertain to the Leased
Premises, or to operations undertaken or to be undertaken thereon. 
 Lessor, through its duly authorized agents, shall at all
reasonable times have the right to enter the surface and said mines, inspect the same, and have surveys made thereof to determine if all the terms and conditions of this Lease are fully complied with, and for these purposes to use freely the means
of access to said mines and the workings thereof without hindrance, but in such manner as not unreasonably to interfere with the operation thereof. 
 SECTION 7.     REMEDIES OF LESSOR. 
 If default be made
by Lessee in the payment of the rentals and royalties herein and such default shall continue for a period of fifteen (15) days after written notification thereof has been posted to Lessee, then in each such event, Lessor may, at its option,
terminate this Lease without any further notice and re-enter upon and take possession of the Leased Premises and hold and possess the same as its absolute property free and clear of any claims of, by, or
through Lessee, and pursue any and all other remedies available under the laws of the State of Illinois for violation of any covenant or condition hereof, and all such remedies shall be deemed cumulative and not exclusive. 

If default be made by Lessee in the performance of any of the other terms or conditions hereof required to be kept or performed by Lessee
and such default shall continue for a period of thirty (30) days after written notification thereof has been posted to Lessee, and in the event that Lessee is not reasonably engaged in curing the said default, then in such event, Lessor may, at
its option, terminate this Lease without any further notice and re-enter upon and take possession of the Leased Premises and hold and possess the same as its absolute property free and clear of any claims of,
by or through Lessee, and pursue any and all other remedies available under the laws of the State of Illinois for violations of any covenant or condition hereof, and all such remedies shall be deemed cumulative and not exclusive. Lessee shall notify
Lessor of its proposed cure actions and continue to keep Lessor informed on a regular basis of the actions taken and results thereof. No action by Lessor pursuant to this Section 7 shall impair the right to rental and

  
 11 

 
royalties (including without limitation Tonnage Royalties and Quarterly Deficiency Payments) due or accrued up to the time of termination and re-entry
hereunder, but none shall be charged for any period thereafter. 
 Provided, however, if Lessor, at any time, has provided
notice of a Financing Cessation (as defined in the Purchase Agreement) then the cure periods set forth above shall be two hundred seventy (270) days from the date of such notice. In the event such Financing Cessation concludes prior to the end
of such 270-day cure period as a result of Lessor paying the applicable portion of the Purchase Price at an Applicable Closing which was delayed as a result of such Financing Cessation, then Lessee shall have
the cure periods set forth in the first two paragraphs of this Section 7 to cure and correct any defaults that have occurred during the just concluded period of Financing Cessation. 

Lessee further agrees that if the interest of Lessee in the Leased Premises shall be sold on execution or judicial sale, or if bankruptcy
proceedings be begun by Lessee, or if Lessee be adjudged a bankrupt, or it makes an assignment for the benefit of creditors, or a receiver be appointed for it or for the Leased Premises, or if an assignment occurs by operation of law, then, and in
any such event, this Lease shall forthwith terminate and be forfeited and the Leased Premises and all improvements thereon shall forthwith become the property of Lessor, without compensation to Lessee, and without refund of any royalties or
deficiency payments paid hereunder. 
 SECTION 8.     ASSIGNMENT OR SUBLETTING. 

Except for a Permitted Transfer, as defined below, Lessee covenants and agrees that it will not sell, assign, sublease, mortgage, pledge
or otherwise transfer or encumber (collectively “Transfer”) this Lease or any rights, interests or estates created by this Lease or all or any portion of the Leased Premises, either voluntarily or by operation of law or allow any third
party to mine on the Leased Premises under any form of agreement or contract, without having first obtained the written consent of Lessor (which may be arbitrarily withheld). 
 Provided, however, that the prohibitions in the preceding paragraph are subject to the following Permitted Transfers. Any Transfer to an affiliate of Lessee herein is a Permitted Transfer. An entity is an
affiliate if more than 51% of the equity interests and voting power of the entity to which this Lease is being transferred is owned or controlled by the same individual or individuals who owned or controlled more than 51% of the equity interests and
voting power of Lessee at the time of execution of this Lease. Any Transfer to a Reputable and Prudent Coal Mining Company is a Permitted Transfer. A Reputable and Prudent Coal Mining Company shall mean any entity, or its parent or affiliate that
over the three years immediately preceding the date of such Permitted Transfer (i) has produced not less than 5 million tons of coal whether directly and/or indirectly through its wholly owned subsidiaries or contract miners or predecessor
companies on an annualized basis; (ii) has not filed a voluntary bankruptcy proceeding or been declared a bankrupt; (iii) has not been blocked by any governmental authority from holding any

  
 12 

 
necessary mining permits; (iv) is not known to have forfeited any leases for coal reserves as a result of uncured defaults under such leases and (v) has a net worth of $25,000,000 or
more on a consolidated basis. Any Transfer to an exchange traded public company is a Permitted Transfer. Any Transfer to an entity in which the individual or individuals owning Lessee at the time of the execution of this Lease contribute Lessee to
allow the successor entity to issue shares to the public in a public offering is a Permitted Transfer. Any Transfer to a lender or group of lenders to Lessee wherein Lessee is pledging or encumbering its leasehold interest in this lease as security
for or in return for the loan and said loan or financing is in an amount in excess of $10,000,000, is a Permitted Transfer; provided, however, that the lender may not subsequently Transfer such interests to any entity other than a Reputable and
Prudent Coal Mining Company. Provided further, however, that for the purposes of any transfer by a lender, a Reputable and Prudent Coal Mining Company shall include any entity, or its parent or affiliate that satisfies clauses (ii), (iii) and
(iv) above and has produced not less than 2 million tons of coal whether directly and/or indirectly through its wholly owned subsidiaries or contract miners or predecessor companies on an annualized basis and over the three years prior had
average gross revenues from the sale of coal of $5 million or more. 
 A “Transfer of Control” of Lessee or its
permitted transferee (determined in accordance with the preceding provisions of this Section 8), either voluntarily or by operation of law, shall constitute a Transfer of the Lease under this section. “Transfer of Control” as used in
the foregoing shall include an outright sale, assignment or transfer of sufficient membership interests to vest more than 50% of Lessee’s membership interests (or the equity interests or voting power in its permitted transferee) in persons or
entities who are different than those persons or entities which directly own more than 50% of Lessee’s membership interests as of the effective date of this Lease (or with respect to a permitted transferee, those persons or entities which
directly own more than 50% of the equity interests or voting power of such permitted transferee as of the effective date of such permitted Transfer). 
 Accordingly, a Transfer of Control shall have occurred whenever more than 50% of Lessee’s membership interests (or the equity interests or voting power in its permitted transferee) shall become
subject to the direct ownership of a person or entity or group of related persons or entities who are different than those persons or entities which directly own Lessee’s membership interests as of the effective date of this Lease (or with
respect to a permitted transferee, those persons or entities which directly own more than 50% of the equity interests or voting power of such permitted transferee as of the effective date of such permitted Transfer). Notwithstanding anything herein
to the contrary, a sale, assignment or transfer of any or all of the voting power or equity interests in any parent entity that directly or indirectly owns Lessee shall not constitute a prohibited assignment hereunder nor require Lessor’s
consent. 
 In the case of an assignment, Lessee will first obtain and present to Lessor a covenant of assumption by the
assignee, wherein such assignee expressly agrees to and with Lessor to assume and be bound by all of the covenants, terms, conditions and provisions hereof to the same extent as if said assignee had been named as the original Lessee. 

Any such Transfer, Transfer of Control or Permitted Transfer shall not relieve Lessee from its obligations to comply with all the
covenants, terms, conditions and provisions of this 

  
 13 

 
Lease, unless otherwise agreed in writing by Lessor. In the event Lessor consents to any Transfer or Transfer of Control, such consent shall not relieve Lessee and/or any transferee, assignee,
sublessee, etc. from securing Lessor’s written consent to any further Transfer or Transfer of Control, other than a Permitted Transfer, nor shall any such consent be construed as a consent to any further transfer or Transfer of Control, other
than a Permitted Transfer, or as a waiver of any portion of this section or of Lessor’s rights hereunder. 
 Upon the
occurrence of any such Transfer without the prior written approval of Lessor, Lessor shall have the option to terminate this Lease by serving written notice of its election so to do. 

Any direct or indirect Transfer or Transfer of Control in violation of this Section 8 shall be null and void and shall have no force
or effect. 
 SECTION 9.     WAIVERS AND RELEASES, ETC. 

No waiver, release, modification, or amendment of any of the terms, conditions, or provisions of this Lease shall be valid or set up or
relied upon by Lessor or Lessee, or offered by either of said parties in any judicial proceeding or other proceeding or otherwise, unless the same is in writing duly exercised by Lessor and Lessee. The failure to exercise any right upon
nonperformance shall not be construed as a waiver of the right to insist on subsequent performance of the terms and conditions hereof. 

SECTION 10.     FORUM SELECTION, WAIVER OF JURY TRIAL AND LIMITATION OF REMEDIES. 

In the event that either party to this Agreement files any action, proceeding, or counterclaim against the other on any matter whatsoever
arising out of or in any way connected with this Agreement or the parties’ performance hereunder, or any claim of damage resulting from any act or omission of the parties, the parties hereby consent to the exclusive jurisdiction and venue of
courts of appropriate jurisdiction sitting in Montgomery County, Illinois, or the United States District Court for the Central District of Illinois. The parties hereby waive any argument at any time in the future that such venue is inconvenient or
otherwise improper. 
 THE PARTIES TO THIS AGREEMENT AGREE TO AND DO HEREBY WAIVE TRIAL BY JURY IN ANY ACTION, PROCEEDING, OR
COUNTERCLAIM BROUGHT BY EITHER OF THE PARTIES AGAINST THE OTHER ON ANY MATTER WHATSOEVER ARISING OUT OF OR IN ANY WAY CONNECTED WITH THIS AGREEMENT OR THE PARTIES’ PERFORMANCE HEREUNDER, OR ANY CLAIM OF DAMAGE RESULTING FROM ANY ACT OR OMISSION
OF THE PARTIES, OR EITHER OF THEM, IN ANY WAY CONNECTED WITH THIS AGREEMENT. 
 Notwithstanding any other provision
of this Agreement, NEITHER PARTY SHALL BE LIABLE TO THE OTHER FOR CONSEQUENTIAL, INCIDENTAL, PUNITIVE, EXEMPLARY OR INDIRECT DAMAGES, LOST PROFITS OR OTHER BUSINESS INTERRUPTION DAMAGES, BY STATUTE, IN TORT, CONTRACT OR OTHERWISE. 

  
 14 

 SECTION 11.    NOTICES. 

Until written notice of a different address, all notices that are anywhere in this Lease provided to be given shall be served upon or
mailed to Lessee at: 3801 PGA Boulevard, Suite 903, Palm Beach Gardens, Florida 33410, with a copy to: Brian Glasser, Bailey & Glasser, LLP, 209 Capitol Street, Charleston, West Virginia, 25301, and to Lessor at: 5260 Irwin Road,
Huntington, West Virginia 25705, with a copy to: Wyatt Hogan, 601 Jefferson, Suite 3600, Houston, Texas 77002. 
 SECTION
12.    WARRANTY. 
 The Lessor, for itself, its successors and assigns, does hereby covenant and agree
with the Lessee, subject to the exceptions and reservations herein set forth, and subject to such limitations, restrictions and defects in Lessor’s title to the Leased Premises as were in existence at the time of Lessor’s acquisition of
title to the various properties comprising the Leased Premises, that upon the payment of the rentals and royalties and the performance of all and singular the covenants and agreements aforesaid, said Lessee shall and may peaceably and quietly have
and enjoy said Leased Premises for and during the term aforesaid, and for the purposes aforesaid, free from any let or hindrance by the Lessor, its successors and assigns. Lessor does not warrant generally its title to the Leased Premises but
warrants only that it has done no act to encumber the titles that it acquired to the various properties comprising the Leased Premises since its acquisition of said properties that would interfere with the operations of the Lessee hereunder. In the
event that Lessee did not have the right to mine coal in any part of the Leased Premises because of the rights of a holder of an outstanding superior title antedating Lessor’s acquisition of title to the tract or tracts in question, if the
Lessee has mined and removed a part or all of the coal therefrom and paid the Lessor therefore on the royalty basis, the Lessor agrees to repay to the Lessee the amount of royalty so paid, without interest, but the Lessor shall not be otherwise
liable for any damage to Lessee on account of the mining and removing of said coal by the Lessee. 
 SECTION
13.    INTEREST. 
 In the event of failure of either party to pay any sums of money due under this Lease
after notice of the same has been delivered pursuant to Section 11 and, in the case of Lessee failure, Section 7, and in addition to all other rights of the parties hereunder, the party to whom such sums are owed shall have the right,
without further notice, to assess interest on all such past due sums at the rate of one percent (1%) per month of the unpaid delinquent balance from the date of delinquency until paid. Assessment of interest by either party shall in no way be
deemed or construed to be a waiver of any obligation hereunder to promptly pay all sums due, when due and without demand, or to be a waiver or bar to the subsequent exercise or enforcement of any other provisions of this Lease or any other right of
the parties hereunder. 

  
 15 

 SECTION 14.    SUCCESSORS AND ASSIGNS. 

All covenants, agreements, and conditions herein set forth to be performed by or on behalf of Lessor or Lessee shall bind their respective
successors and permitted assigns, whether so expressed or not, and shall inure to the benefit not only of Lessor and Lessee, but also to the benefit of their respective successors and permitted assigns; but this Section 14 shall not be
construed as in anywise modifying the provisions of Section 8 hereof. 
 SECTION 15.    REMOVAL OF PROPERTY.

 Lessee, having performed all the terms and conditions of this Lease to be by it performed, or having decided not to extend
the Lease for an additional term, or having mined all the merchantable and mineable coal herein demised, may, within six (6) months thereafter, remove any and all mobile mining equipment and personal property owned by Lessee. If the Lessee
shall fail to remove any of the mobile mining equipment and personal property described above within said six (6) months, then at Lessor’s option the same shall thereupon be and become the absolute property of Lessor. 

SECTION 16.    TRANSPORTATION OF COAL MINED FROM ADJACENT TRACTS. 

During any Lease year in which Lessee operates a mine and/or a surface facility on the Leased Premises and pays Tonnage Royalty during
that year in an amount equal to the sum of the four Quarterly Deficiency Payments due for that year, Lessee shall have the right to transport foreign coal into or through the Leased Premises in consideration of which Lessee agrees to pay to Lessor
on or before the 20th day of January following the year in which such foreign coal is so transported a wheelage charge equal to one-half of one percent (0.5%) of the Gross Selling Price of the foreign coal so
transported. For purposes of this section, the term “foreign coal” shall mean any coal other than coal mined from the Leased Premises that is controlled by anyone other than an affiliate of Lessee. Lessee shall have the right to transport
coal, which is not foreign coal into, or through the Leased Premises free of such wheelage charge. 

  
 16 

 SECTION 17.    CHOICE OF LAW. 

This Lease shall be governed by and construed in accordance with the domestic laws of Illinois without giving effect to any choice or
conflict of law provision or rule (whether of Illinois or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than Illinois. 
 SECTION 18.    DEFAULT BY LESSOR. 
 If Lessor fails to
pay any portion of the Purchase Price at any Applicable Closing (as each are defined in the Purchase Agreement) under the Purchase Agreement when all conditions to such Applicable Closing have been satisfied and either (i) does not claim
Financial Cessation or (ii) the 270-day grace period allowed under Section 2.3(j) of the Purchase Agreement expires without payment of the Purchase Price at any Applicable Closing (a
“Default”), then Lessor and Lessee shall convey certain properties to one another as set forth in this Section 18, and only those properties for which Lessor retains the Coals Rights will remain Leased Premises owned or controlled by
Lessor and subject to lease by Lessee. 
 If Lessor Defaults prior to Closing 2, then the Leased Premises shall be as set forth
on Exhibit C-1, and Lessor and Lessee agree to convey Coal Rights to one another, as the case may be in order to achieve this result. 
 If Lessor Defaults prior to Closing 3, then the Leased Premises shall be as set forth on Exhibit C-2, and Lessor and Lessee agree to convey Coal Rights to one
another, as the case may be in order to achieve this result. 
 If Lessor Defaults prior to Closing 4, then the Leased Premises
shall be as set forth on Exhibit C-3, and Lessor and Lessee agree to convey Coal Rights to one another, as the case may be in order to achieve this result. 

If Lessor Defaults prior to Closing 5, then the Leased Premises shall be as set forth on Exhibit
C-4, and Lessor and Lessee agree to convey Coal Rights to one another, as the case may be in order to achieve this result. 
 If Lessor Defaults prior to Closing 6, then the Leased Premises shall be as set forth on Exhibit C-5, and Lessor and Lessee agree to convey Coal Rights to one
another, as the case may be in order to achieve this result. 
 If Lessor Defaults prior to Closing 7, then the Leased Premises
shall be as set forth on Exhibit C-6, and Lessor and Lessee agree to convey Coal Rights to one another, as the case may be in order to achieve this result. 

  
 17 

 If Lessor Defaults prior to Closing 8, then the Leased Premises shall be as set forth on
Exhibit C-7, and Lessor and Lessee agree to convey Coal Rights to one another, as the case may be in order to achieve this result. 
 Lessor and Lessee agree to reasonably cooperate with one another to effect these transfers in order to achieve the ownership by Lessor of only those Leased Premises set forth on Exhibit C-1 through Exhibit C-7, as applicable. 

[Signature Page Follows] 

  
 18 

 IN TESTIMONY WHEREOF, the parties hereto have caused this Lease to be executed in their
respective names by their respective representatives thereunto duly authorized, all as of the day and year first above written. 
 Executed in
duplicate. 
  

			
	WPP LLC
	
	By: NRP (OPERATING) LLC
	its Sole Member
		
	By:	 	 /s/ Nick Carter

	Name: Nick Carter
	Title: President and Chief Operating Officer
	
	HILLSBORO ENERGY LLC
		
	By:	 	 /s/ Donald R. Holcomb

	Name: Donald R. Holcomb
	Title: Authorized Representative

  
 19 

					
	STATE OF TEXAS	 	)	  	
		 	)	  	SS:
	COUNTY OF HARRIS	 	)	  	

 I, Melissa D. Van Note, a Notary Public in and for the County and State aforesaid, do hereby certify that
Nick Carter, the President and Chief Operating Officer of NRP (OPERATING) LLC which is the sole member of WPP LLC, a Delaware limited liability company, personally known to me to be the same person whose name is subscribed to the foregoing
instrument as such President and Chief Operating Officer of NRP (OPERATING) LLC which is sole member of WPP LLC, appeared before me this day in person and acknowledged that he signed and delivered said instrument as his own free and voluntary act
and as the free and voluntary act of said limited liability company for the uses and purposes therein set forth. 
 GIVEN under my hand and notarial seal this 10th day of September, 2009. 
  

					
		  	 /s/ Melissa D. Van Note

	[SEAL]	  	 Notary Public
	 	
			
		  	 My Commission Expires:
	 	 01/17/2010

  

					
	STATE OF	 	)	  	
		 	)	  	SS:
	 COUNTY OF
	 	)	  	

 I, Stephanie Pina, a Notary Public in and for the County and State aforesaid, do hereby certify that
Donald R. Holcomb, the Authorized Representative of Hillsboro Energy LLC, a Delaware limited liability company, personally known to me to be the same person whose name is subscribed to the foregoing instrument as such Authorized Representative,
appeared before me this day in person and acknowledged that he signed and delivered said instrument as his own free and voluntary act and as the free and voluntary act of said limited liability company for the uses and purposes therein set forth.

 GIVEN under my hand and notarial seal this 10th day of September, 2009. 
  

					
		  	 /s/ Stephanie Pina

	[SEAL]	  	 Notary Public
	 	
			
		  	 My Commission Expires:
	 	 5-1-2013

 This instrument was prepared by: 
 Bailey & Glasser, LLP 
 209 Capitol Street 

Charleston, WV 25301 

  

 EXHIBIT A 

All of that part of the Herrin No. 6 Coal Seam in the following tracts all located West of the Third Principal Meridian in Montgomery County, Illinois
and as reflected on the attached map entitled “Closing Exhibit 1”: 
  

	 	•	 	In Township 8 North, Range 3 West 

  

	 	•	 	The South 1/2 of Section 18 

  

	 	•	 	The South 2020 feet of the Northwest 1/4 of Section 18 

  

	 	•	 	In Township 8 North Range 4 West 

  

	 	•	 	The East 1/2 of the Southeast 1/4 of Section 13 

  

	 	•	 	The Southeast 1/4 of the Northeast 1/4 of Section 13 

  

	 	•	 	The South 1/2 of the Northeast 1/4 of the Northeast 1/4 of Section 13 

  

	 	•	 	The East 1/2 of the East 1/2 of Section 24 

  
 [Exhibit A to Coal
Lease] 

  
 

 

 EXHIBIT B 
  

					
	 Commencement of Longwall Mining by:
	  	Coal Royalty per Ton	 
	 8/1/2011
	  	$	0.48	  
	 9/1/2011
	  	$	0.50	  
	 10/1/2011
	  	$	0.51	  
	 11/1/2011
	  	$	0.53	  
	 12/1/2011
	  	$	0.54	  
	 1/1/2012
	  	$	0.555	  
	 2/1/2012
	  	$	0.57	  
	 3/1/2012
	  	$	0.58	  
	 4/1/2012
	  	$	0.59	  
	 5/1/2012
	  	$	0.60	  
	 6/1/2012
	  	$	0.62	  
	 7/1/2012
	  	$	0.63	  
	 8/1/2012 or later
	  	$	0.64	  

  
 [Exhibit B to Coal
Lease] 

 EXHIBIT C 

[exhibit map follows on next page] 

  
 [Exhibit C to Coal
Lease] 

  
 

 

 Exhibit C-1 

All of that part of the Herrin No. 6 Coal Seam in the following tracts all located West of the Third Principal Meridian in Montgomery County, Illinois
and as reflected on the attached map entitled “Default Exhibit 2”: 
  

	 	•	 	In Township 7 North, Range 3 West 

  

	 	•	 	The West 1/2 of Section 19, Except Parts in the town of Donnellson. 

  

	 	•	 	In Township 8 North, Range 3 West 

  

	 	•	 	The West 1/2 of Section 19 

  
 [Exhibit C-1 to
Coal Lease] 

  
 

 

 Exhibit C-2 

All of that part of the Herrin No. 6 Coal Seam in the following tracts all located West of the Third Principal Meridian in Bond County, Illinois and as
reflected on the attached map entitled “Default Exhibit 3”: 
  

	 	•	 	In Township 7 North, Range 3 West 

  

	 	•	 	The West 1/2 of the North 4470 feet of Section 30, Except the Northwest 1/4 of the Northwest 1/4 of Section 30. 

All of that part of the Herrin No. 6 Coal Seam in the following tracts all located West of the Third Principal Meridian in Montgomery County, Illinois
and as reflected on the attached map entitled “Default Exhibit 3”: 
  

	 	•	 	In Township 7 North, Range 3 West 

  

	 	•	 	The West 1/2 of Section 6 

  

	 	•	 	The West 1/2 of Section 7 

  

	 	•	 	The West 1/2 of Section 18 

  

	 	•	 	The West 1/2 of Section 19, Except Parts in the town of Donnellson. 

  

	 	•	 	In Township 8 North, Range 3 West 

  

	 	•	 	The West 1/2 of Section 19 

  

	 	•	 	The West 1/2 of Section 30 

  

	 	•	 	The West 1/2 of Section 31 

  
 [Exhibit C-2 to
Coal Lease] 

  
 

 

 Exhibit C-3 

All of that part of the Herrin No. 6 Coal Seam in the following tracts all located West of the Third Principal Meridian in Bond County, Illinois and as
reflected on the attached map entitled “Default Exhibit 4”: 
  

	 	•	 	In Township 7 North, Range 3 West 

  

	 	•	 	The Northeast 1/4 of Section 29 

  

	 	•	 	The North 4470 feet of Section 30, Except the Northwest 1/4 of the Northwest 1/4 of Section 30 and Except the East 1/2 of the Southeast 1/4 of Section 30. 

All of that part of the Herrin No. 6 Coal Seam in the following tracts all located West of the Third Principal Meridian in Montgomery County, Illinois
and as reflected on the attached map entitled “Default Exhibit 4”: 
  

	 	•	 	In Township 7 North, Range 3 West 

  

	 	•	 	All of Section 6 

  

	 	•	 	All of Section 7 

  

	 	•	 	The East 1/2 of Section 17 

  

	 	•	 	All of Section 18 

  

	 	•	 	All of Section 19, Except Parts in the town of Donnellson. 

  

	 	•	 	In Township 8 North, Range 3 West 

  

	 	•	 	All of Section 19 

  

	 	•	 	The West 1/2 of Section 30 

  

	 	•	 	All of Section 31 

  

	 	•	 	In Township 8 North, Range 4 West 

  

	 	•	 	The East 1/2 of the East 1/2 of Section 24 

  
 [Exhibit C-3 to
Coal Lease] 

  
 

 

 Exhibit C-4 

All of that part of the Herrin No. 6 Coal Seam in the following tracts all located West of the Third Principal Meridian in Bond County, Illinois and as
reflected on the attached map entitled “Default Exhibit 5”: 
  

	 	•	 	In Township 7 North, Range 3 West 

  

	 	•	 	The Northeast 1/4 of Section 29 

  

	 	•	 	The North 4470 feet of Section 30, Except the Northwest 1/4 of the Northwest 1/4 of Section 30 and Except the East 1/2 of the Southeast 1/4 of Section 30. 

All of that part of the Herrin No. 6 Coal Seam in the following tracts all located West of the Third Principal Meridian in Montgomery County, Illinois and
as reflected on the attached map entitled “Default Exhibit 5”: 
  

	 	•	 	In Township 7 North, Range 3 West 

  

	 	•	 	The East 1/2 of Section 5 

  

	 	•	 	All of Section 6 

  

	 	•	 	All of Section 7 

  

	 	•	 	The East 1/2 of Section 17 

  

	 	•	 	All of Section 18. 

  

	 	•	 	All of Section 19 Except Parts in the town of Donnellson. 

  

	 	•	 	The East 1/2 of Section 21 

  

	 	•	 	In Township 8 North, Range 3 West 

  

	 	•	 	All of Section 19 

  

	 	•	 	The West 1/2 of Section 30 

  

	 	•	 	All of Section 31 

  

	 	•	 	The East 1/2 of Section 33 

  

	 	•	 	In Township 8 North, Range 4 West 

  

	 	•	 	The East 1/2 of the East 1/2 of Section 24 

  
 [Exhibit C-4 to
Coal Lease] 

 

 

 Exhibit C-5 

All of that part of the Herrin No. 6 Coal Seam in the following tracts all located West of the Third Principal Meridian in Bond County, Illinois and as
reflected on the attached map entitled “Default Exhibit 6”: 
  

	 	•	 	In Township 7 North, Range 3 West 

  

	 	•	 	The Northeast 1/4 of Section 28, Except 10 Acres in the Southeast corner thereof. 

  

	 	•	 	The Northeast 1/4 of Section 29 

  

	 	•	 	The North 4470 feet of Section 30, Except the Northwest 1/4 of the Northwest 1/4 of Section 30 and Except the East 1/2 of the Southeast 1/4 of Section 30. 

All of that part of the Herrin No. 6 Coal Seam in the following tracts all located West of the Third Principal Meridian in Montgomery County, Illinois
and as reflected on the attached map entitled “Default Exhibit 6”: 
  

	 	•	 	In Township 7 North, Range 3 West 

  

	 	•	 	The East 1/2 of Section 4 

  

	 	•	 	The East 1/2 of Section 5 

  

	 	•	 	All of Section 6 

  

	 	•	 	All of Section 7 

  

	 	•	 	The East 1/2 of Section 9 

  

	 	•	 	The East 1/2 of Section 16 

  

	 	•	 	The East 1/2 of Section 17 

  

	 	•	 	All of Section 18 

  

	 	•	 	All of Section 19, Except Parts in the town of Donnellson. 

  

	 	•	 	The East 1/2 of Section 21 

  

	 	•	 	In Township 8 North, Range 3 West 

  

	 	•	 	All of Section 19 

  

	 	•	 	The West 1/2 of Section 30 

  

	 	•	 	All of Section 31 

  

	 	•	 	The East 1/2 of Section 33 

  

	 	•	 	In Township 8 North, Range 4 West 

  

	 	•	 	The East 1/2 of the East 1/2 of Section 24 

  
 [Exhibit C-5 to
Coal Lease] 

 

 

 Exhibit C-6 

All of that part of the Herrin No. 6 Coal Seam in the following tracts all located West of the Third Principal Meridian in Bond County, Illinois and as
reflected on the attached map entitled “Default Exhibit 7”: 
  

	 	•	 	In Township 7 North, Range 3 West 

  

	 	•	 	The East 1/2 of the Northeast 1/4 of the Northwest 1/4 of Section 27 

  

	 	•	 	The Northeast 1/4 of Section 28, Except 10 Acres in the Southeast corner thereof. 

  

	 	•	 	The Northeast 1/4 of Section 29 

  

	 	•	 	The North 4470 feet of Section 30, Except the Northwest 1/4 of the Northwest 1/4 of Section 30 and Except the East 1/2 of the Southeast 1/4 of Section 30. 

All of that part of the Herrin No. 6 Coal Seam in the following tracts all located West of the Third Principal Meridian in Montgomery County, Illinois
and as reflected on the attached map entitled “Default Exhibit 7”: 
  

	 	•	 	In Township 7 North, Range 3 West 

  

	 	•	 	The East 1/2 of Section 4 

  

	 	•	 	The East 1/2 of Section 5 

  

	 	•	 	All of Section 6 

  

	 	•	 	All of Section 7 

  

	 	•	 	The East 1/2 of Section 8 

  

	 	•	 	The East 1/2 of Section 9 

  

	 	•	 	The East 1/2 of Section 16 

  

	 	•	 	The East 1/2 of Section 17 

  

	 	•	 	All of Section 18 

  

	 	•	 	All of Section 19, Except Parts in the town of Donnellson. 

  

	 	•	 	The East 1/2 of Section 20 

  

	 	•	 	The East 1/2 of Section 21 

  

	 	•	 	The West 1/2 of Section 22 

  

	 	•	 	In Township 8 North, Range 3 West 

  

	 	•	 	All of Section 19 

  

	 	•	 	The East 1/2 of Section 28 

  

	 	•	 	The West 1/2 of Section 30 

  

	 	•	 	All of Section 31 

  

	 	•	 	The East 1/2 of Section 33 

  

	 	•	 	In Township 8 North, Range 4 West 

  

	 	•	 	The East 1/2 of the East 1/2 of Section 24 

  
 [Exhibit C-6 to
Coal Lease] 

 

 

 Exhibit C-7 

All of that part of the Herrin No. 6 Coal Seam in the following tracts all located West of the Third Principal Meridian in Bond County, Illinois and as
reflected on the attached map entitled “Default Exhibit 8”: 
  

	 	•	 	In Township 7 North, Range 3 West 

  

	 	•	 	The East 1/2 of the Northeast 1/4 of the Northwest 1/4 of Section 27 

  

	 	•	 	The North 1/2 of Section 28, Except 10 Acres in the Southeast corner thereof. 

  

	 	•	 	The Northeast 1/4 of Section 29 

  

	 	•	 	The North 4470 feet of Section 30, Except the Northwest 1/4 of the Northwest 1/4 of Section 30 and Except the East 1/2 of the Southeast 1/4 of Section 30. 

All of that part of the Herrin No. 6 Coal Seam in the following tracts all located West of the Third Principal Meridian in Montgomery County, Illinois
and as reflected on the attached map entitled “Default Exhibit 8”: 
  

	 	•	 	In Township 7 North, Range 3 West 

  

	 	•	 	All of Section 4 

  

	 	•	 	The East 1/2 of Section 5 

  

	 	•	 	All of Section 6 

  

	 	•	 	All of Section 7 

  

	 	•	 	The East 1/2 of Section 8 

  

	 	•	 	The East 1/2 of Section 9 

  

	 	•	 	All of Section 16 

  

	 	•	 	The East 1/2 of Section 17 

  

	 	•	 	All of Section 18 

  

	 	•	 	All of Section 19, Except Parts in the town of Donnellson. 

  

	 	•	 	The East 1/2 of Section 20 

  

	 	•	 	The East 1/2 of Section 21 

  

	 	•	 	The West 1/2 of Section 22 

  

	 	•	 	In Township 8 North, Range 3 West 

  

	 	•	 	All of Section 19 

  

	 	•	 	The East 1/2 of Section 28 

  

	 	•	 	The West 1/2 of Section 30 

  

	 	•	 	All of Section 31 

  

	 	•	 	The East 1/2 of Section 32 

  

	 	•	 	The East 1/2 of Section 33 

  

	 	•	 	In Township 8 North, Range 4 West 

  

	 	•	 	The East 1/2 of the East 1/2 of Section 24 

  
 [Exhibit C-7 to
Coal Lease] 

 

 

 Schedule A-1 

All of that part of the Herrin No. 6 Coal Seam in the following tracts all located West of the Third Principal Meridian in Montgomery County, Illinois
and as reflected on the attached map entitled “Closing Exhibit 2”: 
  

	 	•	 	In Township 8 North, Range 3 West 

  

	 	•	 	The South 1/2 of Section 17, Except the Northeast 1/4 of the Southeast 1/4 of Section 17 

  

	 	•	 	The West 1/2 of Section 28 

  

	 	•	 	All of Section 29 

  

	 	•	 	All of Section 30 

  
 [Schedule A-1 to
Coal Lease] 

  
 

 

 Schedule A-2 

All of that part of the Herrin No. 6 Coal Seam in the following tracts all located West of the Third Principal Meridian in Montgomery County, Illinois
and as reflected on the attached map entitled “Closing Exhibit 3”: 
  

	 	•	 	In Township 7 North, Range 3 West 

  

	 	•	 	The West 1/2 of Section 6 

  

	 	•	 	The West 1/2 of Section 7 

  

	 	•	 	In Township 7 North Range 4 West 

  

	 	•	 	A parcel described as beginning at the Southeast corner of Section 1; thence West, along the South line of said Section 1, a distance of 2434 feet to a point; thence North 15 degrees 04 minutes 49 seconds
East, 4115 feet to the Southwest corner of the Northeast 1/4 of the Northeast 1/4 of said Section 1; thence North to the Northwest corner of the Northeast 1/4 of the Northeast 1/4 of said Section 1; thence East, along the North line of
Section 1 to the Northeast corner of said Section 1; thence South, along the East line of said Section 1 to the said Point of Beginning. 

  

	 	•	 	In Township 8 North, Range 3 West 

  

	 	•	 	The Southwest 1/4 of Section 16 

  

	 	•	 	All of Section 19 

  

	 	•	 	A parcel described as beginning at the Southwest corner of Section 27; then North, along the West line of Section 27 to the Northwest corner of said Section 27; thence East, 2893 feet, along the North
line of Section 27 to a point; thence South 00 degrees 09 minutes 59 seconds West, 5292 feet to a point on the South line of said Section 27; thence West to the Point of Beginning. 

 

	 	•	 	The East 1/2 of Section 28 

  

	 	•	 	All of Section 31 

  

	 	•	 	All of Section 32 

  

	 	•	 	All of Section 33 

  

	 	•	 	A parcel described as beginning at the Northwest corner of Section 34; thence East, 2853 feet to a point on the North line of said Section 34; thence South 00 degrees 09 minutes 59 seconds West, 5315 feet to
the South line of said Section 34; thence West, along said South line to the Southwest corner of said Section 34; thence North, along the West line of said Section 34 to the Point of Beginning, Except a parcel described as beginning
at a point on the Northerly line of said Section 34, Township 8 North Range 3 West, Montgomery County, Illinois, which point is 59 feet West of the Northeast corner of the Northwest Quarter of the Northwest Quarter of said Section 34,
thence South 320.5 feet; thence West 179 feet; thence North 295.75 feet; thence East to the point of beginning. 

  

	 	•	 	In Township 8 North Range 4 West 

  

	 	•	 	The East 1/2 of the East 1/2 of Section 25 

  

	 	•	 	The East 1/2 of the East 1/2 of Section 36 

  
 [Schedule A-2 to
Coal Lease] 

  
 

 

 Schedule A-3 

All of that part of the Herrin No. 6 Coal Seam in the following tracts all located West of the Third Principal Meridian in Bond County, Illinois and as
reflected on the attached map entitled “Closing Exhibit 4”: 
  

	 	•	 	In Township 7 North, Range 3 West 

  

	 	•	 	The Northeast 1/4 of Section 28, Except 10 Acres in the Southeast corner thereof. 

  

	 	•	 	The Northwest 1/4 of Section 29, Except the Southwest 1/4 of the Northwest 1/4 of Section 29 

  

	 	•	 	The North 4470 feet of Section 30, Except the Northwest 1/4 of the Northwest 1/4 of Section 30 and Except the East 1/2 of the Southeast 1/4 of Section 30. 

All of that part of the Herrin No. 6 Coal Seam in the following tracts all located West of the Third Principal Meridian in Montgomery County, Illinois
and as reflected on the attached map entitled “Closing Exhibit 4”: 
  

	 	•	 	In Township 7 North, Range 3 West 

  

	 	•	 	The West 1/2 of Section 5 

  

	 	•	 	The East 1/2 of Section 6 

  

	 	•	 	In Township 8 North, Range 3 West 

  

	 	•	 	The Southeast 1/4 of Section 16 

  

	 	•	 	The West 1/2 of Section 20 

  
 [Schedule A-3 to
Coal Lease] 

  
 

 

 Schedule A-4 

All of that part of the Herrin No. 6 Coal Seam in the following tracts all located West of the Third Principal Meridian in Montgomery County, Illinois
and as reflected on the attached map entitled “Closing Exhibit 5”: 
  

	 	•	 	In Township 7 North, Range 3 West 

  

	 	•	 	The East 1/2 of Section 7 

  

	 	•	 	In Township 8 North, Range 3 West 

  

	 	•	 	A parcel described as beginning at the center of Section 15; thence East 375 feet to a point; thence South 00 degrees 09 minutes 59 seconds East, 2635 feet to the South line of said Section 15; thence West to
the Southwest corner of said Section 15; thence North to the Northwest corner of the Southwest 1/4 of said Section 15; thence East to the Point of Beginning. 

 

	 	•	 	The East 1/2 of Section 20 

  

	 	•	 	The West 1/2 of Section 21 

  
 [Schedule A-4 to
Coal Lease] 

  
 

 

 Schedule A-5 

All of that part of the Herrin No. 6 Coal Seam in the following tracts all located West of the Third Principal Meridian in Bond County, Illinois and as
reflected on the attached map entitled “Closing Exhibit 6”: 
  

	 	•	 	In Township 7 North, Range 4 West 

  

	 	•	 	The North 4470 feet of Section 25, Except the West 1/2 of the Southwest 1/4 of Section 25 

 All of
that part of the Herrin No. 6 Coal Seam in the following tracts all located West of the Third Principal Meridian in Montgomery County, Illinois and as reflected on the attached map entitled “Closing Exhibit 6”: 

 

	 	•	 	In Township 7 North, Range 3 West 

  

	 	•	 	The West 1/2 of Section 3 

  

	 	•	 	All of Section 4 

  

	 	•	 	The East 1/2 of Section 5 

  

	 	•	 	The West 1/2 of Section 22 

  

	 	•	 	In Township 8 North, Range 3 West 

  

	 	•	 	The East 1/2 of Section 21 

  

	 	•	 	A parcel described as beginning at the Northwest corner of Section 22; thence East along the North line of Section 22, a distance of 2995 to a point; thence South 00 degrees 09 minutes 59 seconds East, 5343 to
a point on the South line of said Section 22; thence West, along said South line to the Southwest corner of said Section 22; thence North to the Point of Beginning. 

  
 [Schedule A-5 to
Coal Lease] 

  
 

 

 Schedule A-6 

All of that part of the Herrin No. 6 Coal Seam in the following tracts all located West of the Third Principal Meridian in Montgomery County, Illinois
and as reflected on the attached map entitled “Closing Exhibit 7”: 
  

	 	•	 	In Township 7 North, Range 3 West 

  

	 	•	 	All of Section 8. 

  

	 	•	 	All of Section 9. 

  

	 	•	 	The West 1/2 of Section 10, Except 1 acre for cemetery in the South Half of the Southwest 1/4 of Section 10. 

  

	 	•	 	All of Section 17 

  

	 	•	 	All of Section 18. 

  

	 	•	 	In Township 7 North, Range 4 West 

  

	 	•	 	A parcel described as beginning at the Northeast corner of Section 12; thence West, along the North line of said Section 12, a distance of 2434 feet to a point; thence South 15 degrees 04 minutes 19 seconds
West, 5498 feet to a point on the South line of said Section 12; thence East to the Southeast corner of said Section 12; thence North, along the East line of said Section 12 to the said Point of Beginning. 

 

	 	•	 	A parcel described as beginning at the Southwest corner of Section 13; thence East to the Southeast corner of said Section 13; thence North to the Northeast corner of said Section 13; thence West, 3919
feet to a point; thence South 15 degrees 04 minutes 19 seconds West to the said Point of Beginning. 

  

	 	•	 	All of Section 24, Except a tract 1.1 acres bounded and described as follows: Beginning at the point of intersection of the North line of said railroad right of way and the East line of the West Half of the
Southeast Quarter of said Section, and running thence West along said North line of said right of way 480 Ft.; thence North 100 Ft.; thence East, parallel to the North line of said right of way, 480 Ft., and thence South to the place of beginning,
being in the West 1/2 of the Southeast 1/4 of Section 24 and Except Parts in the town of Donnellson. 

  
 [Schedule A-6 to
Coal Lease] 

  
 

 

 Schedule A-7 

All of that part of the Herrin No. 6 Coal Seam in the following tracts all located West of the Third Principal Meridian in Bond County, Illinois and as
reflected on the attached map entitled “Closing Exhibit 8”: 
  

	 	•	 	In Township 7 North, Range 3 West 

  

	 	•	 	The East 1/2 of the Northeast 1/4 of the Northwest 1/4 of Section 27 

  

	 	•	 	The Northwest 1/4 of Section 28 

  

	 	•	 	The Northeast 1/4 of Section 29 

 All of that part of the Herrin No. 6 Coal Seam in the following
tracts all located West of the Third Principal Meridian in Montgomery County, Illinois and as reflected on the attached map entitled “Closing Exhibit 8”: 
  

	 	•	 	In Township 7 North, Range 3 West 

  

	 	•	 	The West 1/2 of Section 15 

  

	 	•	 	All of Section 16 

  

	 	•	 	All of Section 19, Except Parts in the town of Donnellson. 

  

	 	•	 	All of Section 20 

  

	 	•	 	All of Section 21 

 Mineral Lease by and between The Bond County Board of Commissioners of Bond County,
Illinois and Colt Coal Company, Inc. dated August 25, 2005 and now owned by Colt, LLC by merger and assignment 

  
 [Schedule A-7 to
Coal Lease]

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