Document:

exv10w30

 

EXHIBIT 10.30

Digital Signage

Wireless Ronin Technologies

Hardware Partnership

Agreement

 

 

Introduction

The purpose of this document is to present a hardware partnership agreement (this “Agreement”)
between Richardson Electronics Ltd. (“Richardson” or “Richardson Electronics”) and Wireless Ronin
Technologies, Inc.,

Once this Agreement has been executed, Richardson Electronics will provide Wireless Ronin
Technologies, Inc., with a level of service and support that allows Wireless Ronin Technologies,
Inc., to focus its core energies on the continued growth and development of content development and
delivery solutions products and services.

This agreement will cover the following topics:

	 	1.	 	The standard configuration of each of the hardware packages offered, including
complete Bills of Materials and additional accessories offered.
	 
	 	2.	 	Pre-sales procedures, which include workstation consulting, package pricing and
quotations, as well as the product evaluation procedure.
	 
	 	3.	 	The purchasing process for Wireless Ronin Technologies, Inc., and customers of
Wireless Ronin Technologies, Inc., (“Wireless Ronin Technologies, Inc., Customers”)
through Richardson Electronics.
	 
	 	4.	 	Logistics management.
	 
	 	5.	 	Hardware warranty, service and product replacement coverage.

Appendices

	 	A)	 	Richardson Electronics Generic Bill of Materials and List
Prices
	 
	 	B)	 	Customer Qualifying Form
	 
	 	C)	 	Richardson Electronics, Ltd. Terms and Conditions of Sale

Package Configurations

The products and packages contained in Appendix A are identified by Richardson Electronics as
Hardware Partnership specific product packages. Part numbers, Generic Bill of Materials,
Manufacturers Part Numbers and descriptions are included for each.

See Appendix A.

Notes:

	 	1.	 	Each package will consist of the hardware listed, and supporting documentation
to include user manuals and installation manuals/procedures.

 

 

	 	2.	 	All packages, unless otherwise specified, include a standard warranty, covered
elsewhere in this document.
	 
	 	3.	 	The appropriate software drivers will be included with each package. Should
Richardson Electronics be notified of an upgrade in the software drivers, Richardson
agrees to inform Wireless Ronin Technologies, Inc., of the update, which Wireless Ronin
Technologies, Inc., customers need to be made aware of the change, and supply an
appropriate means to obtain the new driver(s).
	 
	 	4.	 	The addition or introduction of new products or alternative configurations to
this hardware offering can be made at the request of Wireless Ronin Technologies, Inc.
The pricing and other special terms, if any, relating to such new products or
alternative configurations shall be mutually agreed upon. Richardson Electronics will
offer consultative assistance to Wireless Ronin Technologies, Inc., in choosing new
products, but will not be responsible for the actual approval of these products and
their subsequent decision to introduce them into the Wireless Ronin Technologies, Inc.,
hardware offering. Any products added as a result may be sold exclusively to Wireless
Ronin Technologies, Inc., Customers if agreed upon by both parties.
	 
	 	5.	 	Additional accessories to the above packages may include, but are not limited
to the following:

	 	a.	 	Custom mounting solutions for displays as required by the
Wireless Ronin Technologies, Inc., Customer, including wall and ceiling mounts,
or carts and tables (mobile or fixed) as required or requested by the Wireless
Ronin Technologies, Inc., Customer.
	 
	 	b.	 	Custom cabinets, such as painting the Wireless Ronin
Technologies, Inc., logo on the bezel of the display for a specific project or
projects, or any other custom after-market modification.
	 
	 	c.	 	Additional accessories not identified or included within the
outlined packages will be sold to Wireless Ronin Technologies, Inc., under the
standard Richardson part numbers.
	 
	 	 	 	The pricing and other special terms of sale for additional accessories shall
be mutually agreed.

Pre-Sales Procedures

Richardson Electronics understands that many Wireless Ronin Technologies, Inc., Customers and
Prospects will request product information, technical specifications, evaluations and a level of
consulting with regards to hardware selection for use in their facilities. Wireless Ronin
Technologies, Inc., sales representatives are currently performing the above functions, and
Richardson agrees to the following:

3

 

	 	1.	 	Wireless Ronin Technologies, Inc., shall notify Richardson Electronics
regarding which accounts they are actively pursuing (“Wireless Ronin Technologies,
Inc., Prospects”). All customer information provided by Wireless Ronin Technologies,
Inc., to Richardson with regard to a particular Digital Signage project referral is
Wireless Ronin Technologies, Inc., Confidential Information covered by the Mutual Non
Disclosure Agreement (NDA) previously entered into by and between Wireless Ronin
Technologies, Inc., and Richardson on                     , 2006.
	 
	 	2.	 	Appendix B is a Pre-sales Customer Qualification Form. This form will be used
by both Wireless Ronin Technologies, Inc., and Richardson employees for pre-quote or
pre-project qualification purposes. If a Wireless Ronin Technologies, Inc., employee
chooses to fill out the form, an electronic copy will be turned over to Richardson for
customer processing.
	 
	 	3.	 	If a Wireless Ronin Technologies, Inc., Prospect contacts Richardson directly
for a product price quote, Richardson will fill out the Customer Qualification Form
referred in paragraph 2 and provide a formal quote using the part numbers in Appendix
A. This quote will be based on quantities and customer information identified on the
form and will be offered on a per project basis.
	 
	 	4.	 	The following shall apply with respect to sales of Touch Screen LCD displays
and components and related accessories for use in the Wireless Ronin Technologies,
Inc., product line of Digital Signage Units directly by Richardson to an Wireless Ronin
Technologies, Inc., Customer (other than Wireless Ronin Technologies, Inc., itself):

	 	a.	 	Richardson accepts full responsibility of all receivables
generated by such orders from the end user.
	 
	 	b.	 	Richardson agrees to pay Wireless Ronin Technologies, Inc., an
agreed upon commission upon receipt of complete payment of each given invoice
from the Wireless Ronin Technologies, Inc., Customer. All commissions will be
paid within 30 days of the end of each fiscal month once Richardson has
received complete invoice payment from the customer.
	 
	 	c.	 	Commission payments will not be made in advance. Commission
payments will be in the form of a check payable to Wireless Ronin Technologies,
Inc., and will include a complete listing of the invoices from which the total
commission payment has been generated. Commissions will not be paid on rejected
orders.
	 
	 	d.	 	The commission will be payable at a percentage of the total
hardware package, determined on a case by case basis, prior to any applicable
freight, taxes, duty, insurance, handling or similar charges, and determined on
a per project basis.

4

 

	 	e.	 	Except as otherwise specifically provided in this Agreement
such sales shall be made on Richardson’s Standard Terms and Conditions of Sale
in effect at the time of the sale, a copy of which as currently in effect are
attached hereto as Appendix C. Richardson reserves the right to change or
modify such Standard Terms and Conditions of Sale. Should Richardson grant
credit terms to an Wireless Ronin Technologies, Inc., Customer, Richardson’s
Standard Credit Terms shall apply.

	 	5.	 	Richardson will provide consultative assistance to Wireless Ronin Technologies,
Inc., as required, to support such Wireless Ronin Technologies, Inc., Prospects on a
first come first served basis. Project consulting services will not be offered to
multiple software vendors competing on the same Digital Signage project. Any Digital
Signage Consulting project with Wireless Ronin Technologies, Inc., that results in a
product or concept remains the exclusive product of Wireless Ronin Technologies, Inc.
This does not preclude Richardson from providing independent hardware quotations to
competing software vendors on the same Digital Signage project. Richardson guarantees
that hardware quotations to competing software vendors will be based upon information
provided by the competing vendor and not upon Confidential Information provided by
Wireless Ronin Technologies, Inc., to Richardson as defined in the NDA. This assistance
will take the form of direct consultation with the Wireless Ronin Technologies, Inc.,
sales representative, direct consultation with the Wireless Ronin Technologies, Inc.,
technology configuration specialists, or direct consultation with the Wireless Ronin
Technologies, Inc., Prospect in conjunction with the above personnel.
	 
	 	6.	 	Hardware evaluations are the responsibility of Wireless Ronin Technologies,
Inc., unless specifically requested. Requests for joint, or Richardson supported,
product demonstrations should be made to Richardson’s U.S. (Americas) V.P. Sales, Mike
Craig, or an alternatively appointed contact, for consideration and review.

Hardware Ordering Procedures

It is understood that Wireless Ronin Technologies, Inc.’s current business model may also favor a
reseller situation, whereby Wireless Ronin Technologies, Inc., contracts and accepts hardware
orders directly from Wireless Ronin Technologies, Inc., Customers (a “Reseller Situation”). If this
is the preference, the parties agree to the following:

	 	1.	 	Wireless Ronin Technologies, Inc., will place orders with Richardson
Electronics for hardware and/or software identified on the Generic Bill of Materials
list (found in Appendix A), on a project-by-project basis. Accessories may also be
purchased.
	 
	 	2.	 	Once an order is received, Richardson will confer with the Wireless Ronin
Technologies, Inc., technology configuration specialists to ensure that delivery dates
and shipping instructions are in accordance with those of the Digital Signage software
being provided.

5

 

	 	3.	 	Richardson, if it has determined to accept the order, will enter the order and
schedule the hardware shipment in accordance with item 2 above. If Richardson rejects
any order, Richardson shall notify Wireless Ronin Technologies, Inc., of such rejection
within five (5) days of receiving the order; such notification shall state the reasons
for such rejection. Acceptance of any order by Richardson shall not be unreasonably
withheld.
	 
	 	4.	 	Richardson will verbally notify the appropriate Wireless Ronin Technologies,
Inc., contact upon release of any order and offer shipping information whenever
available.
	 
	 	5.	 	Richardson will provide copies of all invoices, to include product serial
numbers (as applicable) associated with these orders, to Wireless Ronin Technologies,
Inc.
	 
	 	6.	 	Wireless Ronin Technologies, Inc., must pay all invoices within thirty (30)
days from the date of installation or Net 45, whichever is first.
	 
	 	7.	 	Except as otherwise specifically provided in this Agreement such sales shall be
made on Richardson’s Standard Terms and Conditions of Sale in effect at the time of the
sale, a copy of which as currently in effect are attached hereto as Appendix C.
Richardson reserves the right to change or modify such Standard Terms and Conditions of
Sale. If payment for any such sale is not made on the date specified as due or any
other amount due Richardson by Wireless Ronin Technologies, Inc. Richardson may, in
addition to any remedies available at law or equity, delay or cancel any unshipped
order and charge a late payment fee of the lesser of 1 1/2% per month or the maximum
amount permitted by law. The exercise by Richardson of any right or remedy shall not
preclude the exercise of any other right or remedy all of which may be exercised
concurrently or sequentially.

Reseller Situation Procedures

In a Reseller Situation, Wireless Ronin Technologies, Inc., shall enter into an agreement with the
Wireless Ronin Technologies, Inc., Prospect, which, among other things, shall cover the sale of the
system package. Wireless Ronin Technologies, Inc., may quote and charge the Wireless Ronin
Technologies, Inc., Prospect such amounts for the system package as Wireless Ronin Technologies,
Inc., at its sole discretion, deems reasonable. Richardson will extend to Wireless Ronin
Technologies, Inc., a “to be determined” discount from the “Suggested List Price” on part numbers
listed in Appendix A. Wireless Ronin Technologies, Inc., shall pay Richardson the
discounted pricing as identified. Wireless Ronin Technologies, Inc., shall absorb any deviations of
actual price to the customer from the Suggested List Pricing in Appendix A. Subject to Wireless
Ronin Technologies, Inc.’s payment, Wireless Ronin Technologies, Inc., shall have sole
responsibility for establishing and collecting fees, and shall be entitled to retain all fees and
charges payable by the Wireless Ronin Technologies, Inc., Customer, for the purchase of the system
package and installation, support and maintenance, or any services provided by Wireless Ronin
Technologies, Inc., in connection therewith.

6

 

Partnership Logistics

The logistics of any agreement are extremely important for ensuring effective sales, support and
service processes. As a value added distributor, Richardson Electronics shall provide the
following, with monthly input from Wireless Ronin Technologies, Inc.

	 	1.	 	Richardson will maintain hardware inventory levels that ensure timely delivery
of all products used within the hardware packages identified, subject to force majeure
issues.
	 
	 	2.	 	Stock levels will be maintained according to existing business demands,
internally generated forecasts and more importantly, forecasts provided by Wireless
Ronin Technologies, Inc.
	 
	 	3.	 	To facilitate the inventory management process, Wireless Ronin Technologies,
Inc., will provide Wireless Ronin Technologies, Inc., Customer activity forecasts to
Richardson on a monthly basis. These forecasts will be used by Richardson to determine
the minimum and maximum inventory levels for all hardware used in the various Wireless
Ronin Technologies, Inc., product configurations.
	 
	 	4.	 	In the event an order is received and products falling under this Agreement are
Not In Stock (NIS) or on order, standard factory lead times on display products could
be as long as sixty (60) to ninety (90) days. All products quoted for project-based
business will be scheduled for delivery based upon projections from sub-contractors or
manufacturers. Richardson will work directly with Wireless Ronin Technologies, Inc.,
and the Wireless Ronin Technologies, Inc., Customers to ensure the best lead-time
possible for all components.
	 
	 	5.	 	Richardson will report any lead-time issues to Wireless Ronin Technologies,
Inc., on an as required basis to ensure that all sales representatives are capable of
providing Wireless Ronin Technologies, Inc. Customers with accurate delivery and
installation information.
	 
	 	6.	 	All hardware is delivered FOB manufacturer.

Product Warranty, Service and Advance Replacement Product Guarantee

All warranties are passed on from the manufacturer and the following further applies:

	 	1.	 	Hewlett Packard Workstations have a 3 warranty. All Richardson manufactured PCs
have a 1 year depot level repair warranty with an extended warranty available.
	 
	 	2.	 	All product warranties commence immediately upon shipment of goods.
	 
	 	3.	 	All product service and warranty issues must be called into the Richardson
Electronics Display Systems Group (Custom) Inside Sales Team at (800) 222-2787 for
distribution and/or resolution.

7

 

	 	4.	 	Product Managers and Field Applications Engineers will determine the severity
of any problem and outline an appropriate plan of action. Return authorization numbers
will be assigned for any product that requires repair or service at the original
equipment manufacturer (“OEM”) repair facility.
	 
	 	5.	 	Customers may reach a Richardson Product Manager or Inside Sales Team Member
from 8:00 AM EST until 6:00 PM EST. Calls placed after hours will be returned the
following morning.
	 
	 	6.	 	Richardson agrees to offer Wireless Ronin Technologies, Inc., and Wireless
Ronin Technologies, Inc., Customers a combination of responsive pre-and-post sales
telephone support and assistance, and guarantees the hardware purchased will operate
per the manufacturer’s specifications. Any Wireless Ronin Technologies, Inc., Customer
quotes, sales, complaints or issues will be handled directly by Jackie Listecki (or
another assigned member of the DSG Custom Sales Team) at Richardson Electronics.
	 
	 	7.	 	Richardson agrees to directly manage all hardware related issues with Wireless
Ronin Technologies, Inc., the Wireless Ronin Technologies, Inc., Customer (as
necessary) and the hardware OEM.
	 
	 	8.	 	All repairs will be performed at the OEM repair facility or OEM designated
repair facility.
	 
	 	9.	 	All hardware that is non-functional (“DOA”) on arrival at the customer site
will be replaced with new hardware, under the following conditions:

	 	a.	 	It is the responsibility of Wireless Ronin Technologies, Inc.,
to promptly notify Richardson of any DOA hardware known to be delivered to a
Wireless Ronin Technologies, Inc., customer site.
	 
	 	b.	 	Upon verification that the hardware in question is DOA, a
Return Authorization (RA) number will be assigned and the DOA hardware must be
returned to Richardson Electronics immediately.
	 
	 	c.	 	Richardson Electronics will endeavor to supply product
replacements for DOA hardware as quickly as possible, within 48 hours as the
target.

	 	10.	 	Any product recalls that occur will be managed on a case-by-case basis.
Recalled products, once repaired, will be shipped directly to the location specified by
Wireless Ronin Technologies, Inc., or the Wireless Ronin Technologies, Inc., Customer.
	 
	 	11.	 	Richardson will not be held accountable financially for any loss of wages,
commissions or business that is directly or indirectly related to a vendor initiated
product recall.

8

 

	 	12.	 	In the event of a catastrophic failure of a particular product or component,
Richardson Electronics will endeavor to supply replacement products or components in as
timely a manner as possible, dependant upon OEM availability and the extent of the
failure.

Additional Processes

Richardson Electronics shall supply hardware and software upgrades to Wireless Ronin Technologies,
Inc., on an as necessary basis. Should Richardson become aware of an available upgrade to any
equipment sold to Wireless Ronin Technologies, Inc., or a Wireless Ronin Technologies, Inc.,
Customer, Richardson will notify the Wireless Ronin Technologies, Inc., technology configuration
specialists and inform them of the upgrade details, cost and availability. Unlike product recalls,
the choice to implement an upgrade must be left to the Wireless Ronin Technologies, Inc., Customer,
and Richardson can only act as a consultant to Wireless Ronin Technologies, Inc.

Miscellaneous

The term of this agreement is one year from the date fully executed below. This agreement shall
automatically renew for one-year terms unless terminated by either party, with or without cause, on
thirty days written notice.

In addition, list based prices found in Appendix A will be reviewed on a quarterly basis. If
necessary, adjustments will be made and the Appendix will be reissued as a revision. These reviews
and/or changes have no bearing on price negotiations offered under special Projects that occur
within the quarter, as specified under this contract.

The parties are independent contractors, and no agency, partnership, franchise, joint venture or
employment relationship is intended or created by this agreement. Neither party shall make any
warranties or representations on behalf of the other party.

Richardson Electronics shall not be liable to Wireless Ronin Technologies, Inc., or any Wireless
Ronin Technologies, Inc., Customer for any failure to perform or delay in performance of its
obligations hereunder or under any order caused by an act of God; outbreak of hostilities; riot,
civil disturbance, acts of terrorism, blockades, sabotage, or war; fire, explosion, flood, storm,
earthquake, epidemic, or accident; theft, malicious damage, strike, lock-out or industrial action
of any kind; transportation or communication conditions; curtailment or failure to obtain
electrical or other energy supplies; curtailment or termination of franchises or other supplier
agreements, or shipments or deliveries of products from suppliers; supplier or customer caused
delays; inability to obtain labor, materials, products, or manufacturing facilities; compliance
with any law, regulation, or order, whether valid or invalid, acts of any government body or
instrumentality thereof.

Except for any action seeking the exercise of the equitable powers of a court, all disputes arising
out of or in connection with this Agreement (including but not limited to any questions regarding
its existence, validity or termination), shall be resolved by arbitration before three arbitrators
in Chicago, Illinois, in accordance with the rules then obtaining of the American Arbitration
Association. The decision of the arbitrators shall be final and binding on the Parties, and

9

 

judgment may be entered in a court of competent jurisdiction. This agreement to arbitrate shall be
specifically enforceable.

This Agreement shall be construed in accordance with the laws of the State of Illinois (without
regard to the provisions thereof governing conflicts of laws). Each Party consents, for the sole
purpose of and limited to any equitable relief sought by a Party, to the jurisdiction of the courts
of the State of Illinois for the purpose of enforcing the rights and obligations created under this
Agreement. Except as expressly provided in the paragraph above, with respect to arbitration, the
exclusive venues for all disputes which arise under this Agreement and involve the exercise of
injunctive or other equitable powers of a Court (as contemplated by the preceding sentence of this
paragraph) shall be the Circuit Court of Cook County, Illinois.

If any provision of this Agreement or the application thereof to any circumstances shall be
determined by a court of competent jurisdiction to be unenforceable or invalid, then such
unenforceability or invalidity shall not affect the enforcement or validity of this Agreement as
applied to other circumstances.

Conclusion

The undersigned Richardson Electronics and Wireless Ronin Technologies, Inc., parties accept the
contents of this Agreement. Questions regarding the content of this Agreement should be directed to
Michael Craig, Vice President, Sales and Marketing at Richardson Electronics or Stephen E. Jacobs,
Executive Vice President at Wireless Ronin Technologies, Inc.

Signed this 14 day of September, 2006.

	 	 	 
	/s/ Larry C. Blaney
 

Larry Blaney

Executive Vice President- General Manager

	 	 
	Display Systems Group
	 	 
	Richardson Electronics, Ltd.
	 	 

Signed this 8 day of September, 2006.

	 	 	 
	/s/ Jeffrey C. Mack
 

Jeffrey Mack, President and CEO

	 	 
	Wireless Ronin Technologies, Inc.
	 	 

10

 

APPENDIX A

	 	 	 	 	 	 	 	 	 	 	 
	Part Number	 	Qty	 	Description	 	Cost
	Mechanical/Kiosk
	 	 	 	 	 	 	 	 	 	 
	FAB-00494-01

	 	 	2	 	 	Stand Foot
	 	$	16.00	 
	FAB-00495-01

	 	 	2	 	 	Stand Leg, Weldment
	 	$	30.00	 
	FAB-00496-01

	 	 	1	 	 	Stand Leg, Brace
	 	$	10.20	 
	FAB-00497-01

	 	 	1	 	 	Stand Tray, Lower
	 	$	12.75	 
	FAB-00498-01

	 	 	1	 	 	Stand Tray, Upper
	 	$	20.30	 
	FAB-00499-01

	 	 	1	 	 	Stand Tray Cover
	 	$	18.30	 
	FAB-00500-01

	 	 	1	 	 	Stand Tray, End Plate
	 	$	4.95	 
	FAB-00501-01-R

	 	 	1	 	 	Bracket, Speaker Mounting
	 	$	4.95	 
	FAB-00501-01-L

	 	 	1	 	 	Bracket, Speaker Mounting
	 	$	4.50	 
	FAB-00502-01

	 	 	2	 	 	Bracket, Speaker Wing
	 	$	4.50	 
	FAB -00503-01

	 	 	2	 	 	Bracket, Speaker Offset
	 	$	4.50	 
	FAB-00513-01

	 	 	1	 	 	Speaker Housing, Front
	 	$	15.00	 
	FAB-00514-01

	 	 	1	 	 	Speaker Housing, Back
	 	$	4.00	 
	Electrical
	 	 	 	 	 	 	 	 	 	 
	WR-4021

	 	 	1	 	 	Innovox Speaker (mono)
	 	$	63.00	 
	 

	 	 	1	 	 	Speaker Cable
	 	$	6.00	 
	 

	 	 	1	 	 	Belkin Power Strip (2 outlet)
	 	$	25.00	 
	Computer/Electronics
	 	 	 	 	 	 	 	 	 	 
	HP 7600 3GHz

	 	 	1	 	 	Slim line computer
	 	$	TBD	 
	Cisco 1100

	 	 	1	 	 	WLAN Antenna
	 	$	315.00	 
	PC32001

	 	 	1	 	 	32” Touch Monitor
	 	$	2095.00	 
	PXPort

	 	 	1	 	 	Port Switch/cable
	 	$	35.00	 

A-1 

 

Appendix B

					
	
	 	Customer Qualification
Form
	 	

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Date Prepared:

	 	 	Date Modified:
	 	 	 	 	 	 	 	 	 	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 	Customer Information	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 	Customer
	 	 	 	 	 	 	Project	 	 	 	 	 	 	DSM	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	Address
	 	 	 	 	 	 	Annual Qty	 	 	 	 	 	 	DSM Extension	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	Phone #
	 	 	 	 	 	 	Proto Date	 	 	 	 	 	 	Contact Date	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	Fax #
	 	 	 	 	 	 	Production Date	 	 	 	 	 	 	Application	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	Notes
	 	 	 	 	 	 	Model#	 	 	 	 	 	 	Competition	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Total Opportunity $	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	Display	 	 	Touch Panel/Shield Info(Choose One)	 	 	Mounting Options	 	 	Agency Approvals	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	Type

	 	 	 	 	o 4 Wire Resistive
	 	þ RS232 (Serial)
	 	 	þ Floor
	 	 	o UL 60950	 
	 	Size

	 	 	 	 	o 5 Wire Resistive
	 	þ USB
	 	 	þ Wall
	 	 	o CSA 60950	 
	 	Resolution:

	 	 	 	 	o 8 Wire Resistive
	 	þ Touch Pen
	 	 	þ Ceiling
	 	 	o UL 60601 (Medical)	 
	 	Mfr

	 	 	 	 	o SAW
	 	o Protective Glass
	 	 	þ Custom
	 	 	o CE	 
	 	 

	 	 	 	 	o
Capacitive
o DST
	 	 	 	 	o N/A
	 	 	o
FCC “A” 
    (Commercial)	 
	 	 

	 	 	 	 	 
	 	 	 	 	 	 	 	o
FCC “B” 
    (Residential)	 
	 	 

	 	 	 	 	 	 	 	 	 	 	 	 	o RoHS	 
	 	 

	 	 	 	 	 	 	 	 	 	 	 	 	o Other [specify]	 
	 	 	 	 	 	 	 	 	 	 	 	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	Enhancements
	 	 	A/R Treatment	 	 	Video Requirements	 	 	Cables
	 	 	PC
	 	 	Enclosure Type	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	o Standard Bright

	 	 	o Anti Reflection Film
	 	 	o analog (HD-15)
	 	 	o LCD Interface Cable
	 	 	o HP
	 	 	o Standard Enclosure	 
	 	 

	 	 	 	 	 	o
NTSC/PAL/ SECAM 
    (RCA)
	 	 	o
Inverter Cable
o AC Line Cord
	 	 	o
IBM
o Custom
	 	 	o
Custom Enclosure
    o Black	 
	 	o High Bright

	 	 	o Anti Reflection Glass
	 	 	o DVI
	 	 	o Custom (specify):
	 	 	 	 	 	    o Beige	 
	 	 

	 	 	 	 	 	o Audio
	 	 	
	 	 	
	 	 	    o Custom:	 
	 	High Bright Output:

	 	 	o Anti Reflection Acrylic
	 	 	o TV Tuner
	 	 	 	 	 	 	 	 	                                   	 
	 	 

	 	 	 	 	 	o HD SDI	 	 	 	 	 	 	 	 		 
	 	                                            
                           
                  
                      
                     
                    	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	o LED (white)

	 	 	o Anti Refl Polycarbonate
	 	 	o
Single Board Comptr
	 	 	Software	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	o
CCFL only

	 	 	 
	 	 	    (SBC) Attach specs
	 	 	o Windows Vista	 	 	 	 	 	 	 
	 	o Films only

	 	 	 	 	 	 	 	 	o Windows XP	 	 	 	 	 	 	 
	 	o
CCFLs&Films

	 	 	 	 	 	 	 	 	o
Other	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	Shipping/Packing
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	o OEM Packaging

	 	 	o Custom Box/Foam
	 	 	o Other:	 	 	 	 	 	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	General Notes

	 	 
	 	 
	 	 
	 	 
	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	Customer Spec:	 	 	 	 	 	o Drawings/Specs Attached
	Customer Drawings:
	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 
	Special Requirements
	 	 	 	 	 	 	 	 	 	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 
	 	Quote Worksheet	 
	 	Qty

	 	 	MFG
	 	 	MFG#
	 	 	Description
	 	 	Cost
	 	 	Leadtime	 
	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	Approvals

	 	 	Signature
	 	 	Date
	 	 	Customer Quote
	 	 	Qty
	 	 	Resale	 
	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	Engineering
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	Project Eng
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	Operations
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

C-1

 

APPENDIX C

RICHARDSON ELECTRONICS, LTD.

TERMS AND CONDITIONS OF SALE

Richardson Electronics, Ltd. (“Seller”) desires to provide its customers with prompt and efficient
service; however, to negotiate individually the terms and conditions of each sales contract would
substantially impair Seller’s ability to provide such service. Accordingly, goods or services
furnished by Seller under the invoice with which these terms are provided (“Products”) are
exclusively and expressly provided on the terms and conditions stated herein. Notwithstanding any
terms or conditions on Customer’s order, Seller’s performance of any contract is made expressly
conditional on Customer’s agreement to Seller’s Terms and Conditions of Sale set forth herein. In
the absence of such additional signed agreement between the parties, commencement of performance
and/or delivery shall be for Customer’s convenience only and shall not be deemed or construed to be
acceptance of Customer’s terms and conditions, or any of them. If a contract is not earlier formed
by mutual agreement in writing, acceptance of any Product shall be deemed acceptance by Customer of
the terms and conditions stated herein.

PRICING AND QUOTATIONS: Published prices are subject to change without notice. All quotations are
subject to the terms and conditions contained herein unless otherwise agreed to in writing by
Seller. Unless otherwise stated in the written quotation, quoted prices are firm for 30 days of
Seller’s written quotation; otherwise, prices are as in effect at the time of shipment. Prices are
quoted exclusive of transportation, insurance, and taxes. Prices do not include license fees,
customs fees, duties or any other charges related thereto. Customer will pay any and all shipping
charges, premiums, taxes, fees, duties, documentation, handling and other charges related thereto
and shall hold Seller harmless there from; provided that, if Seller, in its sole discretion,
chooses to make any such payment, Customer shall reimburse Seller, in full, upon demand. Prices
include Seller’s standard packaging only.

ORDER ACCEPTANCE AND TERMS OF SHIPMENT: All orders shall be subject to acceptance by Seller only at
Sellers corporate headquarters. Seller requires a $500 minimum order value; which it may waive in
its sole discretion for verifiable business reasons. All accepted orders will be shipped FOB point
of shipment with the freight paid by Customer. For Customer-paid freight, Seller will use
reasonable efforts to employ Customer’s written shipping instructions; provided that, such
instructions (1) shall be adequate to protect the Products from damage in shipping; (2) shall be
consistent with industry standards for shipping such Product; and (3) will not cause undue delay in
shipping or additional costs to Seller. Delivery shall occur at the time the Product has been
delivered at the FOB point.

PERFORMANCE: Seller will attempt to ship Customers order within 24 hours of order acceptance unless
a later date is specified by Customer in writing. Seller shall not be liable, under any
circumstances, for any damage or loss to Customer or its employees, contractors, licensees,
customers or agents (collectively “Agents”), due to delay of shipment, including, without
limitation, consequential and incidental damages and any incremental cost incurred by the Customer
or its Agents in the obtaining of replacement goods. “Time is of the essence” terms will not apply
to any orders accepted by Seller. Seller is under no obligation to inform the Customer of any
delays in Sellers agreed upon shipment dates. Seller may ship partial orders and

C-2 

 

Customer agrees to
accept and pay for such partial shipments. Seller retains the exclusive right to allocate its
inventories in any manner whatsoever to serve its customers.

CANCELLATION: Except as agreed in writing signed by the parties, orders are non-cancelable by
Customer. Customer may not cancel the remaining order of any partial shipment except as provided in
this section.

CUSTOMER ACCEPTANCE OF PRODUCT: The Products shall be deemed accepted, except as to warranty
claims, by Customer if: 1) Customer does not inform Seller within 30 days of shipment of
non-compliance with the order as accepted by Seller; or 2) notwithstanding the foregoing, the
Product is used by Customer or its Agents, regardless of whether resold.

PAYMENT TERMS: Unless Customer has established an approved credit line or pre-payment is made,
payment is due immediately upon Customer’s receipt of and in exchange for the Product. For approved
credit lines (subject to submission of Seller’s standard Application for Credit, review and
approval by Seller and Customer’s execution of Seller’s Credit Terms and Conditions), Seller’s
payment terms are net 30 days from the date of installation or net 45, whichever is first.
Non-credit foreign shipments (outside U.S. and Canada) may be handled under the following methods:
Prepayment, Sight Draft, or Irrevocable Letter of Credit. Partial shipments will be billed by
Seller as made and payments therefore are subject to the applicable terms above. Customer shall
have no right to offset or withhold payment. Customer agrees that

Seller may charge, and Customer will pay, interest at one and one-half (1.5%) percent per month on
all invoices remaining unpaid after thirty (30) days from the invoice date. Customer agrees to pay
all costs, including reasonable attorneys’ fees, incurred in any collection efforts for outstanding
balances.

PROPRIETARY RIGHTS: Prices quoted and charged are for the Products only and do not include
technical data, proprietary rights of any kind (including moral rights), patent rights, or
qualification, environmental or other testing.

WARRANTY: Seller operates as a distributor and as a manufacturer.

For Distributed Products: As a distributor, Seller stocks and sells products offered by several
manufacturers. The warranties offered on Seller’s “distributed” products are those offered by
Seller’s suppliers only. These warranties are available to Seller’s customers upon request.

For Seller Manufactured Products: products manufactured by Seller are sold under several names.
These products also carry varied warranties and the warranty periods are available to the Customer
upon request. As a manufacturer, Seller warrants that Products supplied to its customers and
manufactured by Seller will be free from defects in material and workmanship for the period of the
warranty. Repair, or at Seller’s option, credit (as described below) for an equitable portion of
the purchase price or replacement of defective parts shall be the sole and exclusive remedy under
the warranty. THE WARRANTIES IN THIS SECTION (“WARRANTY”) ARE EXPRESSLY IN LIEU OF AND EXCLUDES ALL
OTHER WARRANTIES, EXPRESS AND/OR IMPLIED INCLUDING BUT NOT LIMITED TO WARRANTIES OF
MERCHANTABILITY, AND OF FITNESS FOR A PARTICULAR PURPOSE, USE OR APPLICATION AND FOR ALL OTHER
OBLIGATIONS OR LIABILITIES ON THE PART OF SELLER, UNLESS SUCH OTHER WARRANTIES, OBLIGATIONS OR
LIABILITIES ARE EXPRESSLY AGREED TO IN WRITING BY

C-3 

 

SELLER. SELLER MAKES NO WARRANTIES WITH RESPECT
TO YEAR 2000/DATE CAPABILITIES. BECAUSE SOME JURISDICTIONS DO NOT ALLOW
LIMITATIONS ON HOW LONG AN IMPLIED WARRANTY LASTS, THE ABOVE
LIMITATIONS MAY NOT APPLY TO CUSTOMER.

Warranty Criteria: The following criteria must be met by Seller’s customers prior to Seller’s
consideration of any warranty claim: 1) the warranty claim must be made within the applicable
warranty period; 2) claims must include: i) the Product type (including any applicable serial
number), ii) original invoice number and date, iii) reason for the return and (iv) a good faith
estimate of the time in service (if the Product has been installed into Customer’s or its Agent’s
equipment); 3) Customer must obtain a Return Authorization (“RA”) from Seller; and 4) Customer is
responsible for all transportation charges for the returned Product, including proper packaging
(shipping damages, resulting from improper packaging, are the responsibility of Customer). Final
disposition of returned Product will often require consultation with Seller’s suppliers. Seller
may, at its discretion and upon Customer request and payment therefore, send a replacement Product
prior to such disposition. Once Seller and its supplier make a determination on the warranty claim,
Seller will either return the Product (repaired if appropriate) to Customer; or provide a credit to
Customer’s account for an equitable portion of the purchase price. Credits provided herein may only
be used against the future purchase of products from Seller within 180 days after issuance to
Customer’s account.

LIMITATION OF LIABILITY: SELLER’S AGGREGATE LIABILITY ARISING OUT OF OR IN ANY WAY RELATED TO THE
PRODUCTS SHALL NOT, UNDER ANY CIRCUMSTANCES, EXCEED THE PAYMENT, IF ANY, RECEIVED BY SELLER FOR THE
PRODUCTS FURNISHED OR TO BE FURNISHED, AS THE CASE MAY BE, WHICH IS THE SUBJECT OF THE CLAIM OR
DISPUTE. IN NO EVENT SHALL SELLER BE RESPONSIBLE FOR INCIDENTAL, SPECIAL, CONSEQUENTIAL OR PUNITIVE
DAMAGES, OR ANY DAMAGES RESULTING FROM LOSS OF USE, DATA OR PROFITS, WHETHER IN CONTRACT, TORT,
STRICTLY LIABILITY OR HOWEVER CAUSED, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THESE
LIMITATIONS SHALL APPLY NOTWITHSTANDING ANY FAILURE OF THE ESSENTIAL PURPOSE OF ANY LIMITED REMEDY.
BECAUSE SOME JURISDICTIONS DO NOT ALLOW LIMITATIONS ON THE EXCLUSION OR LIMITATION OF LIABILITY FOR
CONSEQUENTIAL, INCIDENTAL OR PUNITIVE DAMAGES, THE ABOVE LIMITATIONS MAY NOT APPLY TO CUSTOMER.

DISPUTES: All disputes, under any contract with Seller, shall be resolved in a court of competent
jurisdiction for the location of Seller’s corporate headquarters and/or in a court specified by
Seller in order to secure jurisdiction over third parties. Customer hereby consents to the
jurisdiction of such court or courts and agrees to appear in any such action upon written notice
thereof. No action, regardless of form, arising out of or in any way connected with the Products
may be brought by Customer more than one year after the cause of action has accrued. All
contracts, expressed or implied, entered into by Seller, shall be construed under and governed by
the laws of the location of Seller’s corporate headquarters. If any part, provision or clause of
the terms and conditions of sale, or the application thereof to any person or circumstances, is
held invalid, void or unenforceable, such holding shall not affect and shall leave valid all other
parts, provisions, clauses or applications of the terms and conditions remaining, and to this end
the terms and conditions shall be treated as severable.

C-4 

 

MISCELLANEOUS: Any assignment by Customer of any contract hereunder without the written consent of
Seller shall render the contract void and shall relieve Seller of any future
performance responsibilities. These terms and conditions together with any other documents
incorporated herein by reference, constitute the entire agreement between the parties hereto
pertaining to the Products and expressly supersede any and all prior written or oral agreements or
understandings. The terms and conditions herein may only be modified in writing signed by the
parties. No course of prior dealings, written or oral, between the parties, no usage of trade nor
acceptance or acquiescence in a course of performance rendered under this Agreement shall be
consider a waiver of any future rights under this Agreement, nor shall be relevant to supplement,
explain or be relevant to determine the meaning of the terms of this Agreement even though the
accepting or acquiescing party has knowledge of the nature of the performance and opportunity for
objection. Seller shall not be liable to Customer for any failure to perform or delay in
performance of its obligations hereunder caused by an act of God; outbreak of hostilities; riot,
civil disturbance, acts of terrorism, blockades, sabotage, or war; fire, explosion, flood, storm,
earthquake, epidemic, or accident; theft, malicious damage, strike, lock out or industrial action
of any kind; transportation or communication conditions; curtailment or failure to obtain
electrical or other energy supplies; curtailment or termination of franchises or other supplier
agreements, or shipments or deliveries of products from suppliers; supplier or Customer caused
delays; inability to obtain labor, materials, products, or manufacturing facilities; compliance
with any law, regulation, or order, whether valid or invalid, acts of any government body or
instrumentality thereof. Customer agrees that the Products will not be exported directly or
indirectly, separately, or as part of a system, without first obtaining a license from the U.S.
Department of Commerce or any other appropriate agency of the U.S. or Canadian Government, as
required.

C-5exv4w1

 

Exhibit 4.1

NINTH SUPPLEMENTAL INDENTURE

     Ninth Supplemental Indenture (this “Supplemental Indenture”), dated as of September 29, 2006,
among the entities listed on Schedule 1 attached hereto (“Guaranteeing Subsidiaries”), each being a
subsidiary of Peabody Energy Corporation (or its permitted successor), a Delaware corporation (the
“Company”), the Company, the other Subsidiary Guarantors (as defined in the Indenture referred to
below) and U.S. Bank National Association, as Trustee under the Indenture referred to below (the
“Trustee”).

W I T N E S S E T H

     WHEREAS, the Company has heretofore executed and delivered to the Trustee the First
Supplemental Indenture dated as of March 23, 2004 to the Indenture dated as of March 19, 2004, (the
“Base Indenture,” and, together with the First Supplemental Indenture, the “Indenture”) providing
for the issuance of an unlimited amount of 5-7/8% Senior Notes due 2016 (the “Notes”); as
supplemented by the Second Supplemental Indenture, dated as of April 22, 2004; Third Supplemental
Indenture, dated as of October 18, 2004; Fourth Supplemental Indenture, dated as of January 20,
2005; Fifth Supplemental Indenture, dated as of September 30, 2005; Sixth Supplemental Indenture,
dated as of January 20, 2006; Seventh Supplemental Indenture, dated as of June 13, 2006; and Eighth
Supplemental Indenture, dated as of June 30, 2006;

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

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

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

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

     2. Agreement to Guarantee. Each of the Guaranteeing Subsidiaries hereby agrees as follows:

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

 

 

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

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

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

2

 

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

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

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

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

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

3

 

	 	(b)	 	In case of any such consolidation, merger, sale or conveyance
and upon the assumption by the successor corporation, by supplemental
Indenture, executed and delivered to the Trustee and satisfactory in form to
the Trustee, of the Subsidiary Guarantee endorsed upon the Notes and the due
and punctual performance of all of the covenants and conditions of the
Indenture to be performed by the Subsidiary Guarantor, such successor
corporation shall succeed to and be substituted for the Subsidiary Guarantor
with the same effect as if it had been named herein as a Subsidiary Guarantor.
Such successor corporation thereupon may cause to be signed any or all of the
Subsidiary Guarantees to be endorsed upon all of the Notes issuable hereunder
which theretofore shall not have been signed by the Company and delivered to
the Trustee. All the Subsidiary Guarantees so issued shall in all respects
have the same legal rank and benefit under the Indenture as the Subsidiary
Guarantees theretofore and thereafter issued in accordance with the terms of
the Indenture as though all of such Subsidiary Guarantees had been issued at
the date of the execution hereof.
	 
	 	(c)	 	Except as set forth in Articles 4 and 5 of the First
Supplemental Indenture, and notwithstanding clauses (a) and (b) above, nothing
contained in the Indenture or in any of the Notes shall prevent any
consolidation or merger of a Subsidiary Guarantor with or into the Company or
another Subsidiary Guarantor, or shall prevent any sale or conveyance of the
property of a Subsidiary Guarantor as an entirety or substantially as an
entirety to the Company or another Subsidiary Guarantor.
	 
	 	5.	 	Releases.
	 
	 	(a)	 	In the event of a sale or other disposition of all of the
assets of any Subsidiary Guarantor, by way of merger, consolidation or
otherwise, or a sale or other disposition of all to the capital stock of any
Subsidiary Guarantor, then such Subsidiary Guarantor (in the event of a sale or
other disposition, by way of merger, consolidation or otherwise, of all of the
capital stock of such Subsidiary Guarantor) or the corporation acquiring the
property (in the event of a sale or other disposition of all or substantially
all of the assets of such Subsidiary Guarantor) will be released and relieved
of any obligations under its Subsidiary Guarantee; provided that the Net
Proceeds of such sale or other disposition are applied in accordance with the
applicable provisions of the Indenture, including without limitation Section
4.10 of the Indenture. Upon delivery by the Company to the Trustee of an
Officer’s Certificate and an Opinion of Counsel to the effect that such sale or
other disposition was made by the Company in accordance with the provisions of
the Indenture, including without limitation Section 4.10 of the First
Supplemental Indenture, the Trustee shall execute any documents reasonably
required in order to evidence the release of any Subsidiary Guarantor from its
obligations under its Subsidiary Guarantee.

4

 

	 	(b)	 	Any Subsidiary Guarantor not released from its obligations
under its Subsidiary Guarantee shall remain liable for the full amount of
principal of and interest on the Notes and for the other obligations of any
Subsidiary Guarantor under the Indenture as provided in Article 9 of the First
Supplemental Indenture.

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

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

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

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

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

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

	 	 	 	 	 	 	 	 	 	 	 
	 

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

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

	 	 
	 	 	 	 	 	 	 	 
	Name:

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

	 	Vice President and Treasurer
	 	 	 	Title:
	 	Vice President	 	 

5

 

	 	 	 
	 

	 	EXISTING SUBSIDIARY GUARANTORS:
	 
	 	 
	 

	 	AFFINITY MINING COMPANY
	 

	 	AMERICAN LAND DEVELOPMENT, LLC
	 

	 	AMERICAN LAND HOLDINGS OF ILLINOIS, LLC
	 

	 	AMERICAN LAND HOLDINGS OF INDIANA, LLC
	 

	 	AMERICAN LAND HOLDINGS OF KENTUCKY,
	 

	 	                    LLC f/k/a BTU VENEZUELA, LLC
	 

	 	APPALACHIA MINE SERVICES, LLC
	 

	 	ARCLAR COMPANY, LLC
	 

	 	ARID OPERATIONS INC.
	 

	 	BEAVER DAM COAL COMPANY
	 

	 	BIG RIDGE, INC.
	 

	 	BIG SKY COAL COMPANY
	 

	 	BLACK BEAUTY COAL COMPANY
	 

	 	BLACK BEAUTY EQUIPMENT COMPANY
	 

	 	BLACK BEAUTY HOLDING COMPANY, LLC
	 

	 	BLACK BEAUTY MINING, INC.
	 

	 	BLACK BEAUTY RESOURCES, LLC f/k/a BLACK
	 

	 	                    BEAUTY RESOURCES, INC.
	 

	 	BLACK BEAUTY UNDERGROUND, INC.
	 

	 	BLACK HILLS MINING COMPANY, LLC
	 

	 	BLACK STALLION COAL COMPANY, LLC
	 

	 	BLACK WALNUT COAL COMPANY
	 

	 	BLUEGRASS MINE SERVICES, LLC f/k/a
	 

	 	                    BLUEGRASS COAL COMPANY
	 

	 	BTU EMPIRE CORPORATION
	 

	 	BTU WESTERN RESOURCES, INC.
	 

	 	CABALLO COAL COMPANY
	 

	 	CENTRAL STATES COAL RESERVES OF ILLINOIS,
	 

	 	                    LLC f/k/a PEABODY DEVELOPMENT LAND
	 

	 	                    HOLDINGS, LLC
	 

	 	CENTRAL STATES COAL RESERVES OF INDIANA, LLC
	 

	 	CENTRAL STATES COAL RESERVES OF KENTUCKY, LLC
	 

	 	CHARLES COAL COMPANY, LLC
	 

	 	                    f/k/a CHARLES COAL COMPANY
	 

	 	CLEATON COAL COMPANY
	 

	 	COAL PROPERTIES, LLC
	 

	 	                    f/k/a COAL PROPERTIES CORP.
	 

	 	COALSALES, LLC
	 

	 	COALSALES II, LLC
	 

	 	COALTRADE INTERNATIONAL, LLC
	 

	 	COALTRADE, LLC
	 

	 	COAL RESERVES HOLDING LIMITED LIABILITY
	 

	 	COMPANY NO. 1
	 

	 	COAL RESERVES HOLDING LIMITED LIABILITY
	 

	 	COMPANY NO. 2

6

 

	 	 	 
	 

	 	COLONY BAY COAL COMPANY
	 

	 	COLORADO COAL RESOURCES, LLC
	 

	 	COLORADO YAMPA COAL COMPANY
	 

	 	COOK MOUNTAIN COAL COMPANY, LLC
	 

	 	                    f/k/a COOK MOUNTAIN COAL COMPANY
	 

	 	COTTONWOOD LAND COMPANY
	 

	 	COULTERVILLE COAL COMPANY, LLC
	 

	 	                    f/k/a WILLIAMSVILLE COAL COMPANY, LLC
	 

	 	CYPRUS CREEK LAND COMPANY
	 

	 	CYPRUS CREEK LAND RESOURCES, LLC
	 

	 	DIXON MINING COMPANY, LLC
	 

	 	DODGE HILL HOLDING JV, LLC
	 

	 	DODGE HILL OF KENTUCKY, LLC
	 

	 	DODGE HILL MINING COMPANY, LLC
	 

	 	DYSON CREEK COAL COMPANY, LLC
	 

	 	EACC CAMPS, INC.
	 

	 	EAGLE COAL COMPANY
	 

	 	EASTERN ASSOCIATED COAL, LLC
	 

	 	                    f/k/a EASTERN ASSOCIATED COAL CORP.
	 

	 	EASTERN COAL COMPANY, LLC
	 

	 	EASTERN ROYALTY CORP.
	 

	 	EMPIRE MARINE, LLC
	 

	 	FALCON COAL COMPANY
	 

	 	FORT ENERGY, LLC
	 

	 	GALLO FINANCE COMPANY
	 

	 	GOLD FIELDS CHILE, LLC
	 

	 	                    f/k/a GOLD FIELDS CHILE, S.A.
	 

	 	GOLD FIELDS MINING, LLC
	 

	 	GOLD FIELDS ORTIZ, LLC
	 

	 	                    f/k/a GOLD FIELDS OPERATING CO. — ORTIZ
	 

	 	GRAND EAGLE MINING, INC.
	 

	 	HAYDEN GULCH TERMINAL, INC.
	 

	 	HIGHLAND MINING COMPANY, LLC
	 

	 	                    f/k/a HIGHLAND MINING COMPANY
	 

	 	HIGHWALL MINING SERVICES COMPANY
	 

	 	HILLSIDE MINING COMPANY
	 

	 	HMC MINING, LLC
	 

	 	INDEPENDENCE MATERIAL HANDLING, LLC f/k/a
	 

	 	INDEPENDENCE
MATERIAL HANDLING COMPANY

	 

	 	INDIAN HILL COMPANY
	 

	 	INTERIOR HOLDINGS, LLC
	 

	 	                     f/k/a INTERIOR HOLDINGS CORP.
	 

	 	JAMES RIVER COAL TERMINAL, LLC
	 

	 	                    f/k/a JAMES RIVER COAL TERMINAL COMPANY
	 

	 	JARRELL’S BRANCH COAL COMPANY

7

 

	 	 	 
	 

	 	JUNIPER COAL COMPANY
	 

	 	KANAWHA RIVER VENTURES I, LLC
	 

	 	KAYENTA MOBILE HOME PARK, INC.
	 

	 	LOGAN FORK COAL COMPANY
	 

	 	MARTINKA COAL COMPANY, LLC
	 

	 	                    f/k/a MARTINKA COAL COMPANY
	 

	 	MIDCO SUPPLY AND EQUIPMENT CORPORATION
	 

	 	MIDWEST COAL ACQUISITION CORP.
	 

	 	MIDWEST COAL RESERVES OF ILLINOIS, LLC
	 

	 	MIDWEST COAL RESERVES OF INDIANA, LLC
	 

	 	MIDWEST COAL RESOURCES, LLC
	 

	 	MOUNTAIN VIEW COAL COMPANY, LLC
	 

	 	                    f/k/a MOUNTAIN VIEW COAL COMPANY
	 

	 	MUSTANG ENERGY COMPANY, L.L.C.
	 

	 	NEW MEXICO COAL RESOURCES, LLC
	 

	 	NORTH PAGE COAL CORP.
	 

	 	OHIO COUNTY COAL COMPANY
	 

	 	PATRIOT COAL COMPANY, L.P.
	 

	 	PATRIOT MIDWEST HOLDINGS, LLC
	 

	 	PDC PARTNERSHIP HOLDINGS, LLC f/k/a PDC
	 

	 	                    PARTNERSHIP HOLDINGS, INC.
	 

	 	PEABODY AMERICA, INC.
	 

	 	PEABODY ARCHVEYOR, L.L.C.
	 

	 	PEABODY CARDINAL GASIFICATION, LLC
	 

	 	PEABODY COAL COMPANY, LLC
	 

	 	                    f/k/a PEABODY COAL COMPANY
	 

	 	PEABODY DEVELOPMENT COMPANY, LLC
	 

	 	PEABODY ELECTRICITY, LLC
	 

	 	PEABODY ENERGY GENERATION HOLDING
	 

	 	                    COMPANY
	 

	 	PEABODY ENERGY INVESTMENTS, INC.
	 

	 	PEABODY ENERGY SOLUTIONS, INC.
	 

	 	PEABODY HOLDING COMPANY, LLC, f/k/a
	 

	 	                    PHC ACQUISITION CORP.
	 

	 	PEABODY INVESTMENTS CORP.
	 

	 	PEABODY NATURAL GAS, LLC
	 

	 	PEABODY NATURAL RESOURCES COMPANY
	 

	 	PEABODY POWERTREE INVESTMENTS, LLC
	 

	 	PEABODY RECREATIONAL LANDS, L.L.C.
	 

	 	PEABODY SOUTHWESTERN COAL COMPANY
	 

	 	PEABODY TERMINALS, LLC
	 

	 	                    f/k/a PEABODY TERMINALS, INC.
	 

	 	PEABODY VENEZUELA COAL CORP.
	 

	 	PEABODY VENTURE FUND, LLC
	 

	 	PEABODY-WATERSIDE DEVELOPMENT, L.L.C.
	 

	 	PEABODY WESTERN COAL COMPANY
	 

	 	PEC EQUIPMENT COMPANY, LLC

8

 

	 	 	 
	 

	 	PINE RIDGE COAL COMPANY, LLC
	 

	 	                    f/k/a PINE RIDGE COAL COMPANY
	 

	 	POINT PLEASANT DOCK COMPANY, LLC
	 

	 	POND CREEK LAND RESOURCES, LLC
	 

	 	POND RIVER LAND COMPANY
	 

	 	PORCUPINE PRODUCTION, LLC
	 

	 	PORCUPINE TRANSPORTATION, LLC
	 

	 	POWDER RIVER COAL, LLC f/k/a POWDER RIVER
	 

	 	                    COAL COMPANY
	 

	 	POWDER RIVER RESOURCES, LLC
	 

	 	PRAIRIE STATE GENERATING COMPANY, LLC
	 

	 	RANDOLPH LAND HOLDING COMPANY, LLC
	 

	 	RIVERS EDGE MINING, INC.
	 

	 	RIVERVIEW TERMINAL COMPANY
	 

	 	SCHOOL CREEK COAL COMPANY, LLC
	 

	 	SENECA COAL COMPANY
	 

	 	SENTRY MINING, LLC f/k/a SENTRY MINING
	 

	 	                    COMPANY
	 

	 	SHOSHONE COAL CORPORATION
	 

	 	SNOWBERRY LAND COMPANY
	 

	 	STAR LAKE ENERGY COMPANY, L.L.C.
	 

	 	STERLING SMOKELESS COAL COMPANY, LLC
	 

	 	                    f/k/a STERLING SMOKELESS COAL
	 

	 	                    COMPANY
	 

	 	SUGAR CAMP PROPERTIES
	 

	 	THOROUGHBRED, L.L.C.
	 

	 	THOROUGHBRED GENERATING COMPANY, LLC
	 

	 	THOROUGHBRED MINING COMPANY, L.L.C.
	 

	 	TWENTYMILE COAL COMPANY
	 

	 	UNION COUNTY COAL CO., LLC
	 

	 	WEST ROUNDUP RESOURCES, INC.
	 

	 	YANKEETOWN DOCK, LLC
	 

	 	                    f/k/a YANKEETOWN DOCK CORPORATION

	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Walter L. Hawkins, Jr.	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Walter L. Hawkins, Jr.	 	 
	 

	 	Title:
	 	Vice President	 	 

9

 

ADDITIONAL GUARANTORS:

	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 	 	EASTERN COAL HOLDING COMPANY, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Walter L. Hawkins, Jr.	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Walter L. Hawkins, Jr.	 	 
	 

	 	Title:
	 	Vice President & Treasurer	 	 
	 
	 	 	 	 	 	 
	 	 	SCHOOL CREEK COAL RESOURCES, LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Walter L. Hawkins, Jr.	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Walter L. Hawkins, Jr.	 	 
	 

	 	Title:
	 	Vice President & Treasurer	 	 

10

 

SCHEDULE 1

NEW GUARANTEEING SUBSIDIARIES

Eastern Coal Holding Company, Inc., a Delaware corporation

School Creek Coal Resources, LLC, a Delaware limited liability company

11

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00112-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00112-of-00352.parquet"}]]