Document:

EX-10.47

 Exhibit 10.47 
 THIS FIFTH AMENDMENT (“Fifth Amendment”) TO AMENDED AND RESTATED COAL MINING LEASE AGREEMENT is dated on March 20, 2013 but effective as of March 1, 2013
(“Effective Date”), and is by and between WPP LLC (“Lessor”), a Delaware limited liability company; and WILLIAMSON ENERGY, LLC (“Lessee”), a Delaware limited liability company, each a “Party” and
collectively the “Parties.” 
 W I T N E S S E T H 

WHEREAS, Lessor and Lessee entered into that certain “Amended and Restated Coal Mining Lease Agreement” dated as of
August 14, 2006 which has been amended by (i) the First Amendment to the Amended and Restated Coal Mining Lease Agreement dated as of May 19, 2008 (“First Amendment”); (ii) the Amendment to Amended and Restated Coal
Mining Lease Agreement made and dated on December 18, 2009 (“Second Amendment”); (iii) the Third Amendment to Amended and Restated Coal Mining Lease Agreement made and dated as of August 12, 2010 (“Third
Amendment”), and (iv) the Fourth Amendment to Amended and Restated Coal Mining Lease Agreement made and dated as of June 30, 2011 but effective as of April 1, 2011 (“Fourth Amendment”), and with such Amended and
Restated Coal Mining Lease Agreement, as amended by the First Amendment, the Second Amendment, the Third Amendment, and the Fourth Amendment being the “Lease,” wherein and whereby Lessor granted to Lessee certain coal in and under certain
lands in Williamson and Franklin Counties, Illinois for the purpose of mining (by any deep or underground mining method including without limitation continuous miner(s) and longwall mining), processing and transporting such coal; and 

  
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 WHEREAS, the Parties are willing and have agreed to amend the Lease in accordance
with the terms, conditions, and provisions of this Fifth Amendment. 
 NOW THEREFORE, in consideration of the premises
which are not mere recitals but are an integral part hereof and for other good and valuable consideration including without limitation the continuation of the Lease as amended by this Fifth Amendment, the Parties, intending to be legally bound
hereby, covenant and agree as follows: 
 1. Lessor and Lessee hereby agree to add to the “Leased Premises” (as
defined in the Lease) for the purpose of mining (by any deep or underground mining method including without limitation continuous miner(s) and longwall mining), processing and transporting, the following coal (as hereafter defined) in and under the
Additional Property (as hereafter defined): all the Springfield No. 5 and Herrin No. 6 Seams of coal contained in and underlying Parcel 1, as hereafter designated and described, located in parts of Sections 14, 15, and 16, Township 8
South, Range 4 East, of the Third Principal Meridian, in Williamson County, Illinois, as follows: 
 PARCEL 1 

LOCATED IN THE SOUTH ONE HALF OF SECTION 14, THE SOUTH ONE HALF OF SECTION 15, AND THE EAST ONE HALF OF THE SOUTH EAST OF SECTION 16,
TOWNSHIP 8 SOUTH RANGE 4 EAST OF THE THIRD PRINCIPAL MERIDIAN, WILLIAMSON COUNTY ILLINOIS, SAID PROPERTY BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: 
 COMMENCING FROM THE SOUTHEAST CORNER OF SAID SECTION 14, THENCE N 00°11’21” E A DISTANCE OF 654.34’; 
 THENCE N 90°00’00” W A DISTANCE OF 195.15’ TO THE POINT OF BEGINNING; 
 THENCE N 89°59’56” W A DISTANCE OF 10991.48’; 
 THENCE N
00°00’00” W A DISTANCE OF 2028.00’; 
 THENCE N 89°59’16” E A DISTANCE OF 1721.65’;

 THENCE S 00°01’20” W A DISTANCE OF 192.44’; 

  
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 THENCE S 89°59’33” E A DISTANCE OF 9269.90’; 

THENCE S 00°00’00” E A DISTANCE OF 1834.92’ TO THE POINT OF BEGINNING; 

CONTAINING 470.78 ACRES MORE OR LESS. 
 The Additional Property, being the above-described Parcel 1, is generally shown and depicted as the area outlined with a heavy black line, with “Parcel 1” and “LEASE ADDITION” printed
within such area, on the plat labeled “Exhibit A — Lease Exhibit” and bearing “Date: 2/26/2013”, which is attached hereto and made a part hereof. 
 From and after the Effective Date, all the Springfield No. 5 and Herrin No. 6 Seams of coal in and under the Additional Property shall be part of the Leased Premises and shall be treated and
considered to be part of the Leased Premises for all purposes in and under the Lease. 
 2. Notwithstanding anything in
Section 4 of the Lease (“Royalties”) to the contrary, and as additional consideration for this Fifth Amendment, Lessee agrees to pay, in addition to the Tonnage Royalty specified in the Lease, an additional Tonnage Royalty
(“Additional Royalty”) on tons mined and removed from the Leased Premises in the amount of fifty cents ($0.50) per ton up to a maximum of 2,765,714 tons. The Additional Royalty shall be due on tons mined on or after the Effective Date and
shall be payable pursuant to the terms of payment set forth in the Lease. The Additional Royalty may also be taken as a credit against any applicable Quarterly Deficiency Payment by the methods stated in the Lease. The Parties agree that from
September 2011 through October 2012 Lessee mined and sold 403,679 tons of coal from the Herrin No. 6 seam in the Additional Property (“Removed Coal”) for which Tonnage Royalty has not been paid under the Lease but for which
“wheelage” has been paid under the Lease. The Tonnage Royalty due on the Removed Coal is $1,634,916.58, and the wheelage paid on the Removed Coal is $252,058.77, leaving a net amount of $1,382,857.81 due by Lessee for the Removed Coal.

  
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 3. In connection with this Fifth Amendment and all transactions contemplated hereby, each
Party agrees, and agrees to cause its affiliates, to execute and deliver such additional documents and instruments and to perform such additional acts as may be necessary or appropriate to effectuate, carry out and perform all of the terms,
provisions and conditions of this Fifth Amendment and all such transactions. 
 4. This Fifth Amendment shall be interpreted as
mutually drafted by all Parties and shall not be construed more severely against any Party as the preparer of the document. 

5. This Fifth Amendment may be executed in any number of counterparts (including facsimile counterparts), all of which taken together
shall constitute one and the same instrument and any Party may execute this Fifth Amendment by signing any such counterpart(s). 

6. Except as expressly modified and amended in this Fifth Amendment, all of the terms, conditions and provisions of the Lease shall
remain in full force and effect. 
 IN WITNESS WHEREOF, each Party has executed this Fifth Amendment as of the date first
written above but to be effective as of the Effective Date. 
  

			
	WPP LLC
		
	By:	 	NRP (OPERATING) LLC
	
	its Sole Member
		
	By:	 	 /s/ Kevin F. Wall

		
	Name:	 	Kevin F. Wall
		
	Title:	 	Executive Vice President - Operations

  
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	WILLIAMSON ENERGY, LLC
		
	By:	 	 /s/ Michael J. Beyer

		
	Name:	 	 Michael J. Beyer

		
	Title:	 	Authorized Person

  
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 STATE OF WEST VIRGINIA, 
 COUNTY OF CABELL, TO-WIT: 
 The foregoing instrument was acknowledged, subscribed
and sworn to before me this 20th day of March, 2013, by Kevin F. Wall, the Executive Vice President – Operation of NRP (Operating) LLC, the sole operating manager of WPP LLC, a Delaware limited liability company, on behalf of WPP LLC.

 My commission expires: September 17, 2017. 

 

	
	 /s/ Michael E. Kessinger

	Notary Public

 [SEAL] 

STATE OF MISSOURI, 
 COUNTY OF ST. CHARLES,
TO-WIT: 
  

	
	
	 The foregoing instrument was acknowledged, subscribed and sworn to before me this 21 day of March, 2013, by Michael J. Beyer, the Authorized
Person of WILLIAMSON ENERGY, LLC, a Delaware limited liability company, on behalf of WILLIAMSON ENERGY, LLC.

 My commission expires: 11-06-15. 

 

	
	 /s/ Jennifer Króen

	Notary Public

 [SEAL]EX-10.48

 Exhibit 10.48 
 PARTIAL RELEASE OF LEASED PREMISES 
 FROM AMENDED AND RESTATED COAL MINING
LEASE AGREEMENT 
 THIS PARTIAL RELEASE OF LEASED PREMISES FROM AMENDED AND RESTATED COAL MINING LEASE AGREEMENT
(“Partial Release”) is made and dated on March 20, 2013 but effective as of March 1, 2013, and is by and between WPP LLC (“Lessor”), a Delaware limited liability company; and WILLIAMSON ENERGY, LLC
(“Releasor”), a Delaware limited liability company, each a “Party” and collectively the “Parties.” 
 WITNESSETH 
 WHEREAS, Lessor, as “Lessor,” and
Releasor, as “Lessee,” entered into that certain “Amended and Restated Coal Mining Lease Agreement” dated as of August 14, 2006 which has been amended by (i) the First Amendment to the Amended and Restated Coal Mining
Lease Agreement dated as of May 19, 2008 (“First Amendment”); (ii) the Amendment to Amended and Restated Coal Mining Lease Agreement made and dated on December 18, 2009 (“Second Amendment”); (iii) the Third
Amendment to Amended and Restated Coal Mining Lease Agreement made and dated as of August 12, 2010 (“Third Amendment”): and (iv) the Fourth Amendment to Amended and Restated Coal Mining Lease Agreement made and dated as of
June 30, 2011 but effective as of April 1, 2011 (“Fourth Amendment”), and with such Amended and Restated Coal Mining Lease Agreement, as amended by the First Amendment, the Second Amendment, the Third Amendment, and the Fourth
Amendment being the “Lease,” wherein Lessor granted to Releasor certain coal in and under certain lands in Williamson and Franklin Counties, Illinois (defined in the Lease as the “Leased Premises”) for the purpose of mining (by
any deep or underground mining method including without limitation continuous miner(s) and longwall mining), processing and transporting such coal; and 

  
 1 

 WHEREAS, Releasor is willing to release a specific part or portion of the Leased Premises
from the Lease and from the operation and effect thereof, and Lessor agrees that Releasor can so release such specific part or portion of the Leased Premises from the Lease and from the operation and effect thereof, and Lessor is willing to accept
the same from Releasor. 
 NOW, THEREFORE, in consideration of the premises which are not mere recitals but are an
integral part hereof and other good and valuable consideration, the Parties, intending to be legally bound hereby, covenant and agree as follows: 
 Lessor and Releasor hereby agree that a specific part or portion of the Leased Premises in and under the Lease (hereafter referred to as the “Released Area”) is and shall be released from the
Lease, from the operation and effect thereof, and from the Leased Premises therein. The “Released Area” is all the Springfield No. 5 and Herrin No. 6 Seams of coal contained in and underlying Parcel 1, as hereafter designated and
described, located in parts of Sections 11 and 12, Township 7 South, Range 3 East, of the Third Principal Meridian, in Franklin County, Illinois, as follows: 
 PARCEL 1 
 LOCATED IN THE EAST ONE HALF OF SECTION 11, TOWNSHIP 7 SOUTH RANGE 3
EAST OF THE THIRD PRINCIPAL MERIDIAN, FRANKLIN COUNTY ILLINOIS, SAID PROPERTY BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: 

COMMENCING FROM THE NORTHEAST CORNER OF SAID SECTION II, THENCE S 00°00’00” E A DISTANCE OF 618.23’ TO THE POINT OF
BEGINNING; 
 THENCE S 00°13’15” E A DISTANCE OF 3091.44’; 

THENCE N 89°39’59” W A DISTANCE OF 1864.37’; 
 THENCE N 00°17’36” E A DISTANCE OF 3090.00’; 
 THENCE S
89°42’24” E A DISTANCE OF 1836.62’ TO THE POINT OF BEGINNING; 
 CONTAINING 131.25 ACRES MORE OR LESS.

 AND 

  
 2 

 LOCATED IN SECTION 12, TOWNSHIP 7 SOUTH RANGE 3 EAST OF THE THIRD PRINCIPAL MERIDIAN,
FRANKLIN COUNTY ILLINOIS, SAID PROPERTY BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: 
 COMMENCING FROM THE NORTHWEST CORNER OF
SAID SECTION 12, THENCE S 00°00’00” E A DISTANCE OF 618.23’ TO THE POINT OF BEGINNING; 
 THENCE S
89°42’24” E A DISTANCE OF 2229.59’; 
 THENCE S 00°17’36” W A DISTANCE OF 1385.00’;

 THENCE S 89°42’24” E A DISTANCE OF 3139.43’; 

THENCE S 00°01 ‘00” W A DISTANCE OF 1705.02’; 
 THENCE N 89°43’15” W A DISTANCE OF 5349.50’; 
 THENCE N
00°13’15” W A DISTANCE OF 3091.44’ TO THE POINT OF BEGINNING; 
 CONTAINING 280.25 ACRES MORE OR LESS.

 The above-described Parcel 1, comprising the Released Area, is generally shown and depicted as the area outlined with a heavy black line,
with “Parcel 1” and “Released Property” printed within such area, on the plat labeled “Exhibit B - Released Property” and bearing “Date: 2/26/2013”, which is attached hereto and made a part hereof. 

Releasor hereby specifically releases the Released Area from the Lease, from the operation and effect thereof, and from the Leased
Premises therein; and Lessor hereby specifically accepts the release of the Released Area from the Lease, from the operation and effect thereof, and from the Leased Premises therein. 

All agreements and provisions herein shall bind the respective successors and assigns of the Parties, whether so expressed or not, and
shall inure to the benefit not only of the Parties, but also the benefit of their respective successors and assigns. 
 This
Partial Release shall be governed by and construed in accordance with the domestic laws of Illinois without giving effect to any choice or conflict of Jaw provision or rule (whether of Illinois or any other jurisdiction) that would cause the
application of the laws of any jurisdiction other than Illinois. 

  
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 Except as specifically set forth in this Partial Release, the Lease and all its terms,
conditions and provisions remain unaffected by this Partial Release and in full force and affect. 
 IN TESTIMONY WHEREOF, the
Parties have caused this Partial Release to be executed in their respective names by their respective representatives thereunto duly authorized, all as of the date first above written but effective as of March 1, 2013. 

 

			
	WPP LLC
		
	By:	 	NRP (Operating) LLC, as its sole member
		
	By:	 	 /s/ Kevin F. Wall

		
	Name:	 	Kevin F. Wall
		
	Title:	 	Executive Vice President - Operations
	
	WILLIAMSON ENERGY, LLC
		
	By:	 	 /s/ Michael J. Beyer

		
	Name:	 	Michael J. Beyer
		
	Title:	 	Authorized Person

  
 4 

 STATE OF WEST VIRGINIA, 
 COUNTY OF CABELL, TO-WIT: 
 The foregoing instrument was
acknowledged, subscribed and sworn to before me this 21st
day of March, 2013, by Kevin F. Wall, as the Executive Vice President – Operations of NRP (Operating) LLC, as the sole member of WPP LLC, a Delaware limited liability company, on behalf of WPP LLC. 

My commission expires: September 17, 2017. 

 

	
	 /s/ Michael E./ Kessinger

	Notary Public

 [SEAL] 

STATE OF MISSOURI, 
 COUNTY OF ST. CHARLES,
TO-WIT: 
 The foregoing instrument was acknowledged, subscribed and sworn to before me this 21st day of March, 2013, by Michael J. Beyer, as the Authorized Person of
WILLIAMSON ENERGY, LLC , a Delaware limited liability company, on behalf of WILLIAMSON ENERGY, LLC. 
 My commission expires:
11-06-15. 
  

	
	 /s/ Jennifer Kroen

	Notary Public

 [SEAL] 

  
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 EXHIBIT A 

[Exhibit never prepared]

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